The Business
Launched in October 2009, Marine Deals is dedicated to offering marine and fishing equipment at the lowest prices. In 2013, the e-tailer was recognized by Deloitte as one of the 50 Fastest-Growing Companies in New Zealand. They stock more than 25,000 individual fishing, boating, and diving products from the best brands, and their selection continues to grow every day.
The Challenge
Marine Deals had a growing audience, but they had trouble separating one customer from another – especially when it came to connecting with their highest spenders. Holistic cross-channel lifecycle marketing was the goal, and automated retention campaigns and recommendations were two possible solutions Marine Deals wanted to explore.
The brand also needed to improve the efficiency and relevancy of each communication. In the past, they had to manually put together each email campaign which took a long time and left little room for analyzing how effective retention programs were. In addition to poor performance analytics, personalizing email was impossible without some kind of trigger-based automation and AI product recommendations.
“Getting automation right is like creating a perpetuating money machine, and we’re excited about the possibilities to intelligently grow and improve the relevancy of the conversation with our customers.”
The Solution
SAP Engagement Cloud had all the email tools Marine Deals had been searching for, and the data analysis that SAP Engagement Cloud allowed enabled insights about which customers were most likely to convert and why.
The Impact
Over the course of a year using SAP Engagement Cloud marketing platform, Marine Deals began personalizing their automated campaigns and recommendations as well as driving revenue through email.
- With SAP Engagement Cloud’s segmentation and data analysis features, Marine Deals identified their best customers (Platinum) who spent 5x to 6x per order than all other customer segments.
- With Automation Center, building and scheduling targeted emails became much simpler for the Marine Deals marketing team. With 6 campaigns running, email conversions have gone up 19%, active customer retention up 24%, and win-backs up 9%.
- Recommendations now contribute 12% in revenue, 2x higher than the industry average, with web recommendations accounting for more than half of that growth.
“Personalisation really works. We love SAP Engagement Cloud’s integrated approach between email marketing and on-site recommendations.”
