presentation: abandoned shopping carts: turn browsers into buyers

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What to do about that age-old problem -- customers will shop, but not buy? Learn how American Airlines keeps prospective customers engaged and captures additional revenue with its abandoned shopping cart and retargeting email trigger campaign. Since launch, revenue generated through the messaging has brought a revenue lift equivalent to two large email blasts – sent to 24 times as many people.

TRANSCRIPT

04/13/2023

Abandoned Shopping Carts:

Turning browsers into buyers

204/13/2023

Quote of the day

“I wish all our customers were in Chicago. It's easier. People pay on time.

Everybody speaks English."

-- Jeff Immelt, CEO of GE, as quoted at Knowledge@Wharton

304/13/2023

Overcoming the Challenges – Part 1

•Age-old problem, customers will shop, but not buy

•Many customers search for airfares on aa.com but do not complete a purchase

04/13/2023 4

The airline business is complicated

504/13/2023

Buying paint in the hardware store

Two choices

Regular at $9 per

gallon

Premium at $12 per

gallon

5 gallons at $9 = $45 + tax

604/13/2023

If airlines sold paint

Depends on a lot of things

150 prices from $9 to

$200 a gallon

Correlates to use

Price changes many times

per day

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Pricing example

804/13/2023

Overcoming the Challenges – Part 2

• Airline pricing changing throughout the day

• With so many fares in any given market, how to effectively retarget

04/13/2023 9

Can this problem be solved?

1004/13/2023

Goals

• Close the gap on missed opportunities

• Keep prospective customers engaged

• Encourage customers to return to aa.com

• Capture additional revenue

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Collaborative e-Dialog/American Solution

• Create an abandoned shopping cart and retargeting email trigger campaign

• In a timely manner, target customers who left aa.com without making a purchase

• While already collecting search data, we put it to use!

1204/13/2023

How it works

• Since airline pricing is so dynamic, we created a dual email solution

• Single price point

• Dual price point

• Both contain destination content

• Launched with 26 destinations and have expanded to more than 70 destinations

1304/13/2023

How it works - technically

• This is a no-touch trigger

• We send a file to e-Dialog with the search and price criteria

• e-Dialog identifies the appropriate message type and reformats the file to correctly display the price as well as the full airport and city names

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Success

• 300% higher open rates

• 200% higher click-thru rates

• 400% higher conversion rates

• Very low opt-out rates – highly relevant

1704/13/2023

What’s next?

• We developed three ad hoc retargeting campaigns:

• Thanksgiving

• Christmas

• Winter Ski

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04/13/2023

20

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Thank you!

Questions?

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