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Coupons & Carts Web Analytics Wednesday Budapest 2009 Anna Sebestyen Distinct Dialogs Ltd. [email protected] Decreasing Conversion Abandonments via Coupons Friday, October 9, 2009

Coupon Marketing & Optimization to Decrease Cart Abandonment - Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

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Coupons are one of the good tactics to potentially decrease cart abandonment or conversion abandonment rate. See how: get your great holiday tips! Anna Sebestyen from Distinct Dialogs SEM & Analytics Agency presented about coupons at Web Analytics Wednesday in Budapest Hungary - Oct 07, 2009. (Anna Sebestyen also organized the WAW event, which was the first web analytics meetup in Hungary)

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Page 1: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Coupons & Carts

Web Analytics Wednesday Budapest 2009

Anna SebestyenDistinct Dialogs Ltd.

[email protected]

Decreasing Conversion Abandonmentsvia Coupons

Friday, October 9, 2009

Page 2: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Cart Abandonment & Coupons

Friday, October 9, 2009

Page 3: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Cart Abandonment & CouponsStudy (PayPal & comScore) 45% of US online shoppers abandoned carts multiple times in 3 weeks.

Friday, October 9, 2009

Page 4: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Cart Abandonment & CouponsStudy (PayPal & comScore) 45% of US online shoppers abandoned carts multiple times in 3 weeks.

average cost of abandoned goods

Friday, October 9, 2009

Page 5: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Cart Abandonment & CouponsStudy (PayPal & comScore) 45% of US online shoppers abandoned carts multiple times in 3 weeks.

average cost of abandoned goods

$109

Friday, October 9, 2009

Page 6: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Cart Abandonment & Coupons

• 46%: high shipping charges “very important reason”

• 37% comparison shop• 36% lack of money• 27% wanted to look for

a coupon

Study (PayPal & comScore) 45% of US online shoppers abandoned carts multiple times in 3 weeks.

average cost of abandoned goods

$109

Friday, October 9, 2009

Page 7: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Coupon Huntingsearch engines

Friday, October 9, 2009

Page 8: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Coupon Huntingsocial coupon sites

Friday, October 9, 2009

Page 9: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Coupon Huntingsite search

Friday, October 9, 2009

Page 10: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Coupon Huntingsite search

Friday, October 9, 2009

Page 11: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Coupon Huntingsite search

Friday, October 9, 2009

Page 12: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Coupon Huntingsite search

NO MATCHES FOUND

FOR COUPONS

Friday, October 9, 2009

Page 13: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Coupon Huntingsite search

NO MATCHES FOUND

FOR COUPONS

Friday, October 9, 2009

Page 14: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

No Coupon, No Sales

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Enter coupon code*

*quoting Bryan Eisenberg’s story here on Doctor Footcare’s vs. Dell’s conversion rates from Always Be Testing

Friday, October 9, 2009

Page 15: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Coupons vs. Banners

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Friday, October 9, 2009

Page 16: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Coupons vs. Banners

• extended life media life

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Friday, October 9, 2009

Page 17: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Coupons vs. Banners

• extended life media life

• ‘my precious‘ everyone’s click

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Friday, October 9, 2009

Page 18: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Coupons vs. Banners

• extended life media life

• ‘my precious‘ everyone’s click

• feels special feel mass

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Friday, October 9, 2009

Page 19: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Coupons vs. Banners

• extended life media life

• ‘my precious‘ everyone’s click

• feels special feel mass

• gift viral link viral

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Friday, October 9, 2009

Page 20: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Coupons vs. Banners

• extended life media life

• ‘my precious‘ everyone’s click

• feels special feel mass

• gift viral link viral

• crafts intangible link

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Friday, October 9, 2009

Page 21: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Coupons vs. Banners

• extended life media life

• ‘my precious‘ everyone’s click

• feels special feel mass

• gift viral link viral

• crafts intangible link

• brand - in hold in sight

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Friday, October 9, 2009

Page 22: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Coupon Future Trends?

*Kalman Besenyei - NapiAkciok.hu

Coupon Availability Determines the Purchasing Decisions for Nearly a Third of Americans, According to the Second Annual Study of Consumer Coupon Behavior Commissioned by RetailMeNot.com (Harris Interactive)**

**"online adults" refers to 2,175 adults ages 18+, 1,880 whom are online shoppers.

Friday, October 9, 2009

Page 23: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Coupon Future Trends?

• US 77% everyday use of coupons*

*Kalman Besenyei - NapiAkciok.hu

Coupon Availability Determines the Purchasing Decisions for Nearly a Third of Americans, According to the Second Annual Study of Consumer Coupon Behavior Commissioned by RetailMeNot.com (Harris Interactive)**

**"online adults" refers to 2,175 adults ages 18+, 1,880 whom are online shoppers.

Friday, October 9, 2009

Page 24: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Coupon Future Trends?

• US 77% everyday use of coupons*

• 62% search for coupons for online stores

*Kalman Besenyei - NapiAkciok.hu

Coupon Availability Determines the Purchasing Decisions for Nearly a Third of Americans, According to the Second Annual Study of Consumer Coupon Behavior Commissioned by RetailMeNot.com (Harris Interactive)**

**"online adults" refers to 2,175 adults ages 18+, 1,880 whom are online shoppers.

Friday, October 9, 2009

Page 25: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Coupon Future Trends?

• US 77% everyday use of coupons*

• 62% search for coupons for online stores

• 12% check coupons before purchase (YoY +50%)

*Kalman Besenyei - NapiAkciok.hu

Coupon Availability Determines the Purchasing Decisions for Nearly a Third of Americans, According to the Second Annual Study of Consumer Coupon Behavior Commissioned by RetailMeNot.com (Harris Interactive)**

**"online adults" refers to 2,175 adults ages 18+, 1,880 whom are online shoppers.

Friday, October 9, 2009

Page 26: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Coupon Future Trends?

• US 77% everyday use of coupons*

• 62% search for coupons for online stores

• 12% check coupons before purchase (YoY +50%)

• Definitive role in Purchase Decision

*Kalman Besenyei - NapiAkciok.hu

Coupon Availability Determines the Purchasing Decisions for Nearly a Third of Americans, According to the Second Annual Study of Consumer Coupon Behavior Commissioned by RetailMeNot.com (Harris Interactive)**

**"online adults" refers to 2,175 adults ages 18+, 1,880 whom are online shoppers.

Friday, October 9, 2009

Page 27: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Coupon Future Trends?

• US 77% everyday use of coupons*

• 62% search for coupons for online stores

• 12% check coupons before purchase (YoY +50%)

• Definitive role in Purchase Decision

• Budget-conscious Holiday shopping

*Kalman Besenyei - NapiAkciok.hu

Coupon Availability Determines the Purchasing Decisions for Nearly a Third of Americans, According to the Second Annual Study of Consumer Coupon Behavior Commissioned by RetailMeNot.com (Harris Interactive)**

**"online adults" refers to 2,175 adults ages 18+, 1,880 whom are online shoppers.

Friday, October 9, 2009

Page 28: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Coupon Marketing HU

• Kuponnet.hu (Tamas Ujvari) - 2 coupon vending machines set up in Duna Plaza Mall

• NapiAkciok.hu (Kalman Besenyei)

• Qpon.hu (Infonity Kft.)

• OnlineKupon.hu (Zoltan Hamar - MediaMotion Kft.)

Friday, October 9, 2009

Page 29: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Top 10 Tips• New Customers need higher % (15 vs. 10)

• Increase average order size by 10% as min

• Any Products vs One Product

• Coding the Code - Complex vs. Simple

• Optimize site for coupon (SiteSearch, Off-search, Social)

• Urgency vs. Expiration

• Lead generation - Get Coupon & Updates! Send to Friends

• Affiliate Coupon Codes

• Test Coupon Processes & Creatives

• Track - Core track (e.g. JOY), Per Channels (e.g. OUS /AND)

Friday, October 9, 2009

Page 30: Coupon Marketing & Optimization to Decrease Cart Abandonment -  Anna Sebestyen at Web Analytics Wednesday Budapest, Hungary

Thank you.

Anna SebestyenDistinct Dialogs [email protected]/annasebestyen

----------------------------Your coupon code for a free 1 hour* consultancy (coupon code deleted)(and this is not the code) :)

* only in Budapest until 11/11/2009. Case sensitive code, non-transferable. Any extra hour 15.000HUF+VAT. Fine print not be heated in microwave oven.

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-----------------------------------------------------------------This coupon was only offered

to WAW participants.

Friday, October 9, 2009