UK’s top 50 retailers failing to deliver personalised customer experiences, according to eCircle report
A study conducted by eCircle has outlined the performance of the UK's top 50 retailers when it comes to customer service. Simon Bowker, country manager, eCircle and Aprimo, highlights the key findings of the report, which suggests 77 per cent of the top 50 retailers are failing to deliver personalised email marketing.
As the inbox becomes ever more crowded and the number of communication channels continues to proliferate, personalisation, mobile optimisation and customer experience are becoming increasingly important to both retailers and customers in the rapidly evolving digital market. Despite these increasing pressures 77 per cent of the top 50 retailers in the UK are failing to deliver tailored marketing collateral to their customers, both existing and potential, each month. We recently carried out research into the consumer email marketing campaigns of the largest retailers in the UK (by turnover) and discovered that whilst 84 per cent of them have a regular newsletter, the content is largely generic.Targeted communications are an effective way of bolstering sales and making your customers feel valued. If your customers feel like they are being targeted with content that is valuable to them, they are more likely to buy from you and establish a long-term relationship with you. At a time when the high-street is witnessing a dramatic decline and online spend is rising, retailers need to recognise and utilise the benefits of email. As new technologies emerge, it’s always assumed that it has to be at the expense of another, but it needn’t be. Email is still in fine health. If you look at the numbers, there are 3.1 billion email addresses in the world, a figure that is expected to grow to 4.1 billion by 2015 [Radicati Group, May 2011]. If you then consider that 95 per cent of people check their email accounts at least once a day [eCircle, The European Social Media and Email Marketing Study] there is immense opportunity for retailers to communicate and engage their customers. With 77 per cent of retailers not sending targeted content to their customers, they are failing to not only to incentivise sales but to enhance the customer experience and build positive brand relationships. This is a missed opportunity which could ultimately prove damaging to your brand’s reputation, influence swings to competitors or prevent you from creating new sales opportunities, especially if you are sending up to 16 emails a month with content which is irrelevant to the recipient.This is a common case of data mismanagement. Retailers are clearly failing to collect and utilise the demographic and behavioural data they hold about their customers and channel it into an effective CRM strategy, with a strong email component at the centre.In contrast, retailers are clearly embracing new technology. Smartphone and tablet ownership has dramatically increased the need for mobile optimised emails and websites as more and more consumers are reading content on the move. The retailers in our study clearly understand the value and importance of mobile in making sure the customer experience is as user friendly as possible.Content created with:
