The problem
The solution
Benefits and benchmarks
Increased conversion: e.g. 33% higher open rates (Wunderkind with Refinery29), Up to 30% increase in ecommerce conversion rates (Insider with Clarins and Lexus)
Faster revenue growth: higher engagement and conversion drives increased sales
Higher leverage on existing team: Existing team able to drive higher growth without increasing staffing
Leading vendors
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Questions to consider before implementing
Do you have existing customer data sources that are under-utilized? (e.g. data from Email Service Provider, Customer Data Platform, ecommerce store, proprietary database).
Will your marketing team be excited to define automations and personalizations?