Retailers Can Use SMS Marketing For More Than Just Coupons
Discount codes, limited time sales, special exclusive pricing…you may have seen, or used, all of these in a text message campaign. For retailers, it is the most obvious and direct use of SMS marketing. It works and it’s cost effective. But are there other ways you can put your SMS channel to work for you? Yes, there are. Let’s take a look at three of them.
Your Order Is On The Way!
Who doesn’t like to get messages like that? Whether it is a simple order confirmation, or a shipping confirmation, everyone likes to know their order was received and successfully processed. A simple message like that can help reduce calls to customer service to check on order status, and ultimately improve customer relations while potentially saving you money.
I Think You Forgot Something...
Abandoned shopping carts are the bane of online retailers. It depends who you ask, but abandonment rates average between 60-70% industry wide. If you can recover even a small percentage of those sales, then your profits will skyrocket. To do this, you’d need to integrate your shopping cart or back end with an SMS service (or have some very detail oriented staff to do it all manually). You’d also need rules to define at what point in the shopping cart process a text message would be triggered. If someone quit at the last screen, perhaps they had a problem but really wanted the buy. Offer them another chance or offer to help. Someone who just put stuff in their cart but didn’t go any farther in the process might just be window shopping. A text reminder would be annoying and unhelpful to them.
Come Back! It's Here For You.
Some retailers offer the option to receive email notification when an out of stock item is back in the store. Adding the option for someone to request a text message instead offers yet another way to bring visitors back into your store. And given the personal nature of text messages, if someone provides their mobile number to receive updates they must really want the item. Hopefully a text message from you will help complete the sale in your store before they buy it somewhere else.
These are three great ways that SMS marketing helps you to keep in touch with your customers. But before you dive in, just remember to ensure you have them properly opted in for these messages. And always offer a way to opt out in each text message. If you do that, SMS messaging can make for very happy retailers and customers.
Are you looking to grow your business? Get more customers? Have larger profits? Of course you are. Isn't every business looking to improve, grow and generate more sales? More and more businesses are realising how SMS messaging can help them do all those things. But it's nice to have some facts to back up what most people seem to assume is true.
81% of mobile phone users use SMS or text messaging and 90% read text messages within three minutes of receipt. But it's not just a convenient way to chat with friends, fix a rendez-vous or remind people to do things; it has also become a powerful marketing tool for businesses large and small, national or global.
One of the greatest advantages of SMS marketing is how fast it is. You might be thinking I'm talking about the almost instantaneous delivery rates, or how quick it is to write a message and send it to your entire list - but this time we're talking about how fast you can get results.
Here's a great real life example of how a retailer used text messaging to offer out a discount voucher to customers who had visited their store. Their approach is simple and intelligent and very focused on one segment of their customer base, those who had recently visited a store.
You've run a successful SMS opt-in campaign for your retail store. Now that you have your list, do you have a plan to keep them from opting out? Wait, you mean there's more to this than just sending out coupon codes? There is if you want to keep your customers from opting out.
SMS coupons have redemption rates ten times email coupons. Averages run around 30%, but they could be as high as 45% for personalised messages. Even with those great numbers, retailers can still lose money to fraud. Find out how make sure customers only redeem your coupon once.
Mobile Marketer is holding the mCommerce Summit: State of Mobile Commerce 2016 today in New York City. And you'll get to find out what happens when I get back and write about it next week. But today, I'm going to give you a sneak peak at what I'm seeing in New York at this moment. Before I do though, be sure to check our fastsms Twitter feed throughout the day. I'll be sharing the best tidbits as they come up in each session as they happen.
If you aren’t seeing a positive response from your SMS marketing then your list may be thinking of it as spam and just ignoring it like they do much of their email. So take your latest marketing messages and examine them again with these four questions in mind.
In my last blog I looked at five reasons you want to use SMS messaging in your business. In this blog we're looking at the same topic, just from the consumer's point of view. For example, how do you really know your customers want you to send them messages via SMS? Isn't email or a phone call good enough? Is it worth your time to learn how to use SMS messaging in your business?
For many businesses it's often a knee-jerk reaction to create an app, or to run mobile ads, or to start an SMS list. But without really understanding what it’s all about, you can waste a lot of time and money before realising what you actually need to do.