1 00:00:03,360 --> 00:00:04,670 - Hi, I'm Emily Collins. 2 00:00:04,670 --> 00:00:07,040 I'm a principal analyst on the B2C marketing team 3 00:00:07,040 --> 00:00:08,150 here at Forrester. 4 00:00:08,150 --> 00:00:09,440 And happy holidays! 5 00:00:09,440 --> 00:00:11,540 The holiday season is upon us. 6 00:00:11,540 --> 00:00:13,160 And if you're a retailer, 7 00:00:13,160 --> 00:00:15,720 chances are you already have had your decorations up 8 00:00:15,720 --> 00:00:17,020 for a couple of weeks now. 9 00:00:17,020 --> 00:00:19,570 And your holiday campaigns are locked and loaded 10 00:00:19,570 --> 00:00:20,730 and ready to go. 11 00:00:20,730 --> 00:00:23,450 Which is good, because when it comes to 12 00:00:23,450 --> 00:00:25,780 thinking about how you can impact the relationships 13 00:00:25,780 --> 00:00:28,550 that you have with your loyal customers this holiday season, 14 00:00:28,550 --> 00:00:31,250 the last thing they need from you is another offer. 15 00:00:31,250 --> 00:00:32,880 So as part of this installment of 16 00:00:32,880 --> 00:00:36,220 the 2019 holiday retail blog series, 17 00:00:36,220 --> 00:00:38,810 I'm going to share three things that you can do 18 00:00:38,810 --> 00:00:40,347 over the coming weeks 19 00:00:40,347 --> 00:00:44,950 that are not just sending another offer to your customers. 20 00:00:44,950 --> 00:00:48,080 So the first thing is to remind your customers, 21 00:00:48,080 --> 00:00:50,750 and your best customers, of the things that you're doing 22 00:00:50,750 --> 00:00:53,340 to make their shopping experience easier. 23 00:00:53,340 --> 00:00:55,360 The holiday is an exciting time, 24 00:00:55,360 --> 00:00:57,690 but it's also a stressful time. 25 00:00:57,690 --> 00:01:00,040 They are trying to figure out what are the best gifts 26 00:01:00,040 --> 00:01:02,190 that they can give to the people that they love. 27 00:01:02,190 --> 00:01:04,460 Sometimes to the people that they only like. 28 00:01:04,460 --> 00:01:07,380 And so, think about sharing with them 29 00:01:07,380 --> 00:01:11,370 the services that you offer around gift wrap 30 00:01:11,370 --> 00:01:13,580 or buy online, pick up in store. 31 00:01:13,580 --> 00:01:16,320 Most of the growth, or 40% of the growth 32 00:01:16,320 --> 00:01:18,450 of the retail sales this season 33 00:01:18,450 --> 00:01:20,290 will be coming from in-store purchases. 34 00:01:20,290 --> 00:01:22,990 So don't just think about sending out emails, 35 00:01:22,990 --> 00:01:25,020 but connecting it to that in-store experience 36 00:01:25,020 --> 00:01:26,800 as they're shopping to make it as easy 37 00:01:26,800 --> 00:01:28,900 and enjoyable as possible. 38 00:01:28,900 --> 00:01:30,300 The second thing that you can do 39 00:01:30,300 --> 00:01:32,400 instead of sending another offer, 40 00:01:32,400 --> 00:01:36,130 is to make a plan for all of the new loyalty program members 41 00:01:36,130 --> 00:01:37,260 you might be getting. 42 00:01:37,260 --> 00:01:40,780 So as consumers start to think about how they can optimize 43 00:01:40,780 --> 00:01:43,740 their shopping and purchases this holiday season, 44 00:01:43,740 --> 00:01:46,280 you might see an uptick in the number of new members 45 00:01:46,280 --> 00:01:47,950 who are enrolling in your program. 46 00:01:47,950 --> 00:01:49,859 So, what's your on-boarding plan? 47 00:01:49,859 --> 00:01:51,860 This is a really busy time of year. 48 00:01:51,860 --> 00:01:54,720 Brands are shouting at everyone as loud as they can, 49 00:01:54,720 --> 00:01:56,170 trying to get attention. 50 00:01:56,170 --> 00:01:59,740 So maybe in a couple of weeks after the busy-ness dies down, 51 00:01:59,740 --> 00:02:01,730 think about sending out a welcome series 52 00:02:01,730 --> 00:02:04,790 to welcome these new members to the program, 53 00:02:04,790 --> 00:02:07,080 remind them or give them some information 54 00:02:07,080 --> 00:02:09,460 about the value they might get from the program, 55 00:02:09,460 --> 00:02:11,410 as well as using it as an opportunity 56 00:02:11,410 --> 00:02:13,540 to learn more about what their interests are 57 00:02:13,540 --> 00:02:15,520 and what their preferences are. 58 00:02:15,520 --> 00:02:18,270 And the third thing that you can do this holiday season 59 00:02:18,270 --> 00:02:21,540 is to revisit your personalization approach. 60 00:02:21,540 --> 00:02:23,980 When you think about the ecosystem, 61 00:02:23,980 --> 00:02:26,450 consumers are being bombarded with messages 62 00:02:26,450 --> 00:02:29,760 from all kinds of brands looking for their attention. 63 00:02:29,760 --> 00:02:30,980 So rather than thinking about 64 00:02:30,980 --> 00:02:33,680 how you can shout louder than everyone else, 65 00:02:33,680 --> 00:02:36,210 revisit how you might be personalizing 66 00:02:36,210 --> 00:02:38,700 the experiences and interactions you have with them. 67 00:02:38,700 --> 00:02:41,790 And there are three things that I like to remind people of 68 00:02:41,790 --> 00:02:44,380 when they're thinking about their personalization efforts. 69 00:02:44,380 --> 00:02:46,200 The first is to drive relevance. 70 00:02:46,200 --> 00:02:48,770 So, making sure that the content that you're sending 71 00:02:48,770 --> 00:02:51,150 is relevant to the customer in that moment, 72 00:02:51,150 --> 00:02:52,310 and is useful to them. 73 00:02:52,310 --> 00:02:56,490 Not just trying to shill a new product or service. 74 00:02:56,490 --> 00:03:00,310 The second piece is creating that emotional resonance. 75 00:03:00,310 --> 00:03:04,150 So emotion is a big part of customer's loyalty to brands, 76 00:03:04,150 --> 00:03:06,340 and a big part of their decision making process. 77 00:03:06,340 --> 00:03:08,950 So how can you make them feel positive emotions 78 00:03:08,950 --> 00:03:10,820 in the communications that you're sending? 79 00:03:10,820 --> 00:03:13,310 Really showcasing that empathy and authenticity 80 00:03:13,310 --> 00:03:14,580 of the relationship. 81 00:03:14,580 --> 00:03:17,000 And the third thing is to show restraint. 82 00:03:17,000 --> 00:03:19,040 So sometimes the best communication 83 00:03:19,040 --> 00:03:20,960 is no communication at all. 84 00:03:20,960 --> 00:03:23,530 Really making sure that you're respecting 85 00:03:23,530 --> 00:03:25,800 and knowing those customer preferences, 86 00:03:25,800 --> 00:03:28,880 and realizing that next best experiences 87 00:03:28,880 --> 00:03:31,320 are not always the next best offer. 88 00:03:31,320 --> 00:03:33,660 Well, thank you very much for tuning in. 89 00:03:33,660 --> 00:03:36,140 Good luck with all of your holiday execution. 90 00:03:36,140 --> 00:03:38,960 And if you have any questions, feel free to reach out 91 00:03:38,960 --> 00:03:39,860 and schedule an inquiry. 92 00:03:39,860 --> 00:03:42,410 I'd be happy to talk about how you can improve 93 00:03:42,410 --> 00:03:43,923 your customer loyalty efforts.