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In an increasingly digital (and increasingly mobile) world, SMS is marketing’s new frontier — and it’s powerful...IF you do it right.
That’s the belief of marketing expert Vasa Martinez, founder of Growthbuster and CMO of Outer Aisle. He discussed SMS on Exit Intent, just after 2020’s Black Friday/Cyber Monday weekend about the importance of timing, of educating on brand benefits, and of getting your text campaigns off to a slow, but sure start.
“It's a very human channel. People are beginning to be more open to shopping via text. People are certainly open to communicating via text. I think it's a big homage to Dirty Lemon who began this years ago, in I think 2016, with their automation and their proprietary API. Now people are really catching up to it in the e-commerce space. And it's been really fun to watch. The numbers don't lie. That's 97% open rate, 40% click through. And it's, it's just easy to do”.
“As easy as it is, there's always a way to do things the wrong way. And you know, you have to be very conscientious of your messaging and it can't feel corporate. It has to feel as though a friend is texting a friend. So it's not too intrusive. I like to call SMS a very intimate marketing channel. Not like romantic, intimate, but intimate as in, you're texting somebody, so how you think about when you're texting them, what you're saying is a very important thing.”
“I think 70%, I think the numbers are — and don't quote me on this — but I think 70% of folks prefer to shop via text versus website. And that's a great thing; as long as your website's dialed, you can have a link going to that. So yeah, I think people are ready and I think the number is only going to increase. I think this past Black Friday/Cyber Monday is a Testament to that. I can't imagine the number of total dollars sold via text, but I think the ship has already sailed and people are still jumping on board.”
“I'm seeing between 10 and 20% of total revenue via SMS if done right. And one of the biggest things I would say is to really take it slow with your automations and your campaigns and really be thoughtful in how you're acquiring these numbers. Obviously there's some thought you need to put behind the legality of it with TCPA compliance. So acquiring the numbers is one thing, how you go about flows or automations, as well as campaigns is another.”
“It gets really tricky. When you think about how text communicates with email, I don't think that they're interchangeable. I think that they're in addition to, but I believe the number is, with both of these channels working in tandem, the overall results increase by 30%. So that's a huge thing to think about when getting set up — your automations, your flows, your campaigns. How are you capturing these numbers? Are you being compliant? And then it comes down to creative and copy.
“It's kind of like that same saying but different saying. They're both very similar. What I mean by that is with email — you're going to have a welcome series. You're going to have shopping cart abandonment. With SMS, you're going to have a welcome series. You're going to have shopping cart abandonment. But there's a lot more layers to that than just those two foundational flows.”
“It's important to really think about what the timing is of those flows or automations for both series. Example: if somebody signs up for, you know, on a fly out or a pop-up or modal — if your communications are going out at the same exact time, it might not be the best bet. It’s something to test. But I typically like playing with the timing of those automations, maybe 60 minutes or a day on a welcome series, test that out with the conditional splits for the first interaction via email. But I like to be a little bit quicker via text. Especially since most people are shopping on their phone. They abandoned their cart, maybe, you know, flip them a text in the next 30 minutes. Test that out — ultimately comes down to testing and learning.”
“And if you lean heavy into promotions on the front end, I would advise maybe trickling that back a little bit. And having that be something that is available in one of those automations or both. So if you have a three-part welcome series on email (I like to call it the cleanup better as the third part of the email and the third text) have that discount come then. But the first two communications are all about RTBs — reasons to believe in a brand. And I like to talk about what are the features or benefits? Why does this product exist?”
“A lot of companies sent a shitload of texts and it worked. It's great to see — it's a proof of concept. More people are going into SMS and I think it's a great thing for e-commerce. It's exciting. It's fun watching what different brands are doing. It's fun seeing consumers being open to even being texted. I think 2021 is going to be even larger. I don't have any specific data points on text revenue (I'm sure there's some case studies out there. Postscript just launched one; I haven't read that yet.) That's what I learned on Black Friday/Cyber Monday — Holy moly, text is actually a part of the future.”
Exit Intent is a CPG marketing podcast featuring the people and strategies focused on growth, investment, and acquisition. Growthbuster CEO, Vasa Martinez, hosts and curates bite-sized conversations packed with actionable insights.