presentation: abandoned shopping carts: turn browsers into buyers
DESCRIPTION
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
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Abandoned Shopping Carts:
Turning browsers into buyers
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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
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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
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The airline business is complicated
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Buying paint in the hardware store
Two choices
Regular at $9 per
gallon
Premium at $12 per
gallon
5 gallons at $9 = $45 + tax
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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
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Overcoming the Challenges – Part 2
• Airline pricing changing throughout the day
• With so many fares in any given market, how to effectively retarget
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Can this problem be solved?
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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!
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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
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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
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What’s next?
• We developed three ad hoc retargeting campaigns:
• Thanksgiving
• Christmas
• Winter Ski
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Thank you!
Questions?