ONE BILLION CUSTOMERS CAN'T BE WRONG: WHY WECHAT SHOULD BE A PART OF YOUR OMNICHANNEL STRATEGY - EMARSYS
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Contents WeChat in China WeChat – WeChat should be part of your Final Thoughts Multichannel or Omnichannel Omnichannel Marketing Strategy 04 06 09 14
Introduction WeChat is one platform that has absolutely imploded in popularity in Asia-Pacific. Developed by Tencent in 2011, the Chinese-based app has grown tremendously over the years with over 1 billion daily active users (10% YoY increase sending 38 billion messages per day. Commonly referred to as the ‘app for everything’, users on WeChat is recorded to spend more time on the app than Facebook, Twitter, 1 Billion Instagram, and Snapchat put together. daily active users If you’re a marketer or business owner hoping to enter this lucrative and increasingly accessible market - WeChat may be the best and most direct way to reach, build a relationship, and/or sell to a large customer/market pool. One of the greatest attributes to WeChat’s immense success is its foundation of convenience and user-friendliness in terms of social communication, content sharing, and mobile payments. Given this realisation, this super app presents a fertile ground for you - be it as a local or global brand marketer - to extend brand awareness to an increasingly lucrative Chinese market. Yet, WeChat is a crowded marketplace with over 14 million official 10% accounts (corporate WeChat accounts and exclusive lifestyle YoY increase partners. Its closed platform nature spells limited opportunities for businesses to make it work with a user – if you’re not providing sufficient or quality value to your followers, they will simply choose to opt out. To maximise marketing efforts on the app, WeChat should be treated as part of an omnichannel strategy rather than as a silo channel – allowing your marketing team a more consistent and seamless way to engage with the Chinese market. 38 Billion messages per day One Billion Customers Can’t be Wrong: Why WeChat Should Be A Part Of Your Omnichannel Strategy | 3
WeChat in China WeChat in China Known as a “super app” for good reason, WeChat has massively spun out from its humble beginnings as a personal messaging app. Since its launch, WeChat’s functional capabilities have absolutely imploded from strength to strength, and is today, an indispensable part of modern life in China. Just look at these striking numbers: 64% of its users open the e-commerce consumers, have paved the way to a myriad of app over 10 times a day, and 17% of them spend over 4 hours of opportunities for organic marketing on a surprisingly personal their day on the app. WeChat’s pioneering business model has level. In-app functions such as the WeChat Wallet and WeChat completely transformed mobile technology and social media Shop further support these opportunities for mobile e-commerce, in China – becoming the society’s norm for a mobile lifestyle. especially with a cashless society actively choosing e-payments for In China’s Tier 1 cities, user penetration rate is as high as 93%. both online and offline transactions. Overseas businesses eager to capture a portion of this lucrative It is now easier than ever for foreign companies to accelerate the market may find it crucial to have a solid WeChat marketing brand engagement and the customer purchase process via this strategy to elevate their brand presence – in particular, the luxury, medium. In the next chapter, we will explore how you can optimise retail and lifestyle brands targeting the mid to top percentile of your marketing efforts on this super app with omnichannel Chinese consumers. management. The popularity of social selling within the WeChat ‘centric’ society, and increased accessibility to billions of Chinese mobile 4 | One Billion Customers Can’t be Wrong: Why WeChat Should Be A Part Of Your Omnichannel Strategy
WeChat – Multichannel or Omnichannel WeChat – Multichannel or Omnichannel With the advance of technology and the evolution of strategies in today’s marketing landscape, comes a new wave of terminology with which marketers need to become well-acquainted with. Two new-age definitions that immediately come to mind are multichannel marketing and omnichannel marketing. What’s the difference between omnichannel and multichannel? anything from a print ad, a retail store, a website, a promotional Omnichannel and multichannel marketing are two very distinct and event, a product package, or word-of-mouth communication. separate marketing strategies - even if both does focus on the use of multiple channels to reach both current and potential consumers. The lines are blurred here, and the debate ever so Omnichannel Marketing frequent. Omnichannel refers to the multichannel sales approach that provides the customer with an integrated shopping experience. The Multichannel Marketing customer can be shopping online from a desktop or mobile device, via phone, or in a brick-and-mortar store, and the experience will still Multichannel marketing refers to the ability to interact with be seamless. potential customers on more than one platform. These channels could be 6 | One Billion Customers Can’t be Wrong: Why WeChat Should Be A Part Of Your Omnichannel Strategy
WeChat – Multichannel or Omnichannel Regardless of which channel the customer prefers to use, they Since multichannel marketing is about casting the widest possible typically demand a smooth, consistent, relevant and personalised net to get the most customer engagements, WeChat might not be experience with your brand. Omnichannel marketing strategies take an appropriate channel for this purpose. that expectation into consideration, and build on the understanding Conversely, the omnichannel approach interrelates every channel to that a customer may begin their journey on one platform, only engage with customers as a whole, to ensure they have a wonderful to jump to another, and finally convert by way of the third. This overall experience with the brand through each and every channel. approach is about creating a truly unified brand experience, The messages sent across channels should be consistent, as regardless of the number of channels or the type of channel. well as personalised. Companies with well-defined omnichannel The multichannel approach looks to blast messaging out via the customer experience strategies in place achieve a 91% higher year- maximum possible number of channels. By walking through the on-year increase in customer retention rate on average, as importance of having WeChat as one of your channels for compared to organisations without omnichannel programs in place. customer engagement, it is crucial to use it wisely – managing it in Under omnichannel placement, a brand’s official WeChat account, silo could significantly lower your efficiency. mobile app, website and in-store experience, are all reflective of each Unlike other social media channels, WeChat has a strict control on other. Marketers should be able to see different channels as one. For the number of messages that can be sent by official accounts. example, in a loyalty program, the membership points in an WeChat Subscription accounts can send up to 1 push message individual customer’s account is synchronised with their WeChat per day to their followers, and are grouped together in a dedicated account from the redemption system so that the brand can folder appearing alongside friends in the “chat” section of WeChat. schedule timely and more targeted messages to this individual. WeChat Service accounts appear as friends in the “chat” section of WeChat. They allow up to 4 broadcast messages per month. SINGLE CHANNEL MULTICHANNEL OMNICHANNEL One Billion Customers Can’t be Wrong: Why WeChat Should Be A Part Of Your Omnichannel Strategy | 7
WeChat – Multichannel or Omnichannel Subscription Account or Service Account? Subscription Account Service Account Content-centric user activation and interaction. Capabilities that allow for full user experience. Limited features, but best for content reach Best for post-sales interaction and sophisticated activation ▸ Fewer than 4 articles published per month ▸ 4 push notifications per month ▸ Daily push, but notifications are placed in the ▸ Follower segmentation “Subscription folder” ▸ QR code tracking ▸ Content is searchable on Sogou search engine ▸ In-app e-commerce and e-payments ▸ Original content can be certified and re- ▸ Capability to store coupons and integrate loyalty shared by other accounts with mention to the programs original publisher ▸ Ability to connect to a customer service team (multiway ▸ Gain revenue from reader “tips” chat) ▸ Gain revenue from displaying third-party ▸ API access for follower input processing advertisements on owned articles ▸ Ability to advertise on WeChat ▸ Content not searchable on search engine 8 | One Billion Customers Can’t be Wrong: Why WeChat Should Be A Part Of Your Omnichannel Strategy
WeChat should be part of Your Omnichannel Marketing Strategy WeChat should be part of Your Omnichannel Marketing Strategy 86% of shoppers are regularly channel-hopping across at least two channels, f maximise your customer engagement and revenue on investment. With 1 billion daily active users, the linear path of brand With an omnichannel approach, when you match a user’s WeChat communications is no longer valid. You need to start treating each user as an unique individual based on information derived from their digital in-store frequency data, location, national ID, phone number etc.), you ID. get a fuller picture of the person behind each user. This allows you to In this chapter, we will look at how to implement WeChat in the channels. omnichannel marketing strategy to accelerate personalised communications as a seamless customer journey on a single platform. If you have more than just an official account in WeChat, such as a mini program, or you have linked a mobile or web-based app to your WeChat account, you are then able to retrieve deeper user data Unified Customer Profile within WeChat. For this, you have to know a little bit about OpenID, and UnionID. Identification is possibly the most valuable data that comes with an omnichannel marketing strategy. Thankfully, each WeChat user has a WeChat ID, that gives you some idea of who your leads are through this digital verification.
WeChat should be part of Your Omnichannel Marketing Strategy OpenID Personalisation Once you are able to identify and match your WeChat followers with greater or UnionID or Segmentation Segment followers based on lifecycle stages or consumption based promotion and more accurate customer segmentation and may set up triggers with automatic replies to a user reaching robotic responses are more of an annoyance then a welcomed communication in our need for interaction especially Contact Section Registration and Binding
WeChat should be part of Your Omnichannel Marketing Strategy a To make all these happen, you have to know your leads, which re the t service o the to produce personalis often their content posts fail to strike a chord with Loyalty Program your your sation would save consumers much time to download an additional app much unnecessary hassle on their Use Case Example: First Time Buyer Campaign Marketers place tremendous effort in acquiring new customers. However, increasing customer retention rates by just 5% can to Harvard Business School. First engagements with a first time buyer is crucially important (first-impressions count) as it is a great opportunity to turn that first time buyer into a repeat purchase customer. When a first-time buyer has completed the purchase either online or in store, they will then receive a thank you message via WeChat, together with their relevant purchase information such as shipping status and invoice. In addition, since WeChat service accounts can only push up to 4 broadcast messages per month, it is important for brands to send relevant information to their followers wisely. For example, based on the first purchase, it is easier for marketing staff to predict which product categories the consumer might like, and the platform of which the brand should push subsequent relevant product information to them.
WeChat should be part of Your Omnichannel Marketing Strategy Use Case Example: Loyalty Membership Renewal Campaign With a linked loyalty program, a member can follow their favourite brands via WeChat, where they can access their profile and keep track of their membership status. With each following purchase, and newly earned points, they will also receive a personalised message via a trigger to their WeChat account with details of their latest membership status – keeping them constantly engaged. Same goes for a membership renewal campaign. When a user’s membership expires, the brand is able to send reminder messages via WeChat to the respective member, and remind them of their membership expiry date to keep them within the brand environment. And at the same time, they can also smartly offer some membership extension promotions to allow members to redeem their points and stay within the program to enjoy the exclusive discounts. Automation throughout the entire Customer Journey capabilities and what you as a marketer can do with them if you
WeChat should be part of Your Omnichannel Marketing Strategy Managing the customer journey your omnichannels. in a single platform ▸ and receive personalised and relevant social feeds and promotions. With a single better ▸ truly invoice and shi personalis se customer lifetime value based on the acquired lead and customer data ▸ Brands can keep their customers updated on the latest membership across status, offers and redemptions. a single platform also frees your ▸ integrating both online hands and time up and offline activities and behaviour. o helming ▸ for defecting customers can be time you access the
Final Thoughts WeChat is one of the few social platforms globally where a brand can manage the customer journey well throughout all stages and migrate revenue- generating behaviour offline to online, all while supporting value-added communications and meaningful interactions. Adding this super app to your omnichannel marketing strategy could help you retrieve those missing pieces of data and deeper insights from the WeChat ‘centric’ market. From the get-go, WeChat has been positioned as a closed social network. Thus, traditional digital marketing strategies will not work, and is not meant for the super app. WeChat presents plenty of opportunities for targeted marketing and access to a pool of high potential leads. Data convenience, quality personalised content, and social sharing can all be merged into one platform to pave the way forwards for brands looking to succeed on WeChat. Make use of WeChat to complete your marketing strategy with a marketing automation partner like Emarsys, to deliver truly personal and consistent customer interactions across offline (physical stores, SMS) and online (email, social, web, and now WeChat), through an innovative and easy-to-use integrated dashboard. To learn more about how we can help you achieve your marketing goals, visit Emarsys.com. How Emarsys can help to achieve your WeChat KPIs: ▸ Contact identification, binding WeChat open ID with identified profile ▸ Multichannel integration – using WeChat as one of your communication channels to enhance better customer engagement ▸ Allows for a holistic customers behaviour analysis within a single platform ▸ One platform to manage multiple campaigns across channels. ▸ Personalisation of organic WeChat content ▸ Achieve higher efficiency and targeted messaging through contact segmentation Book a demo 14 | One Billion Customers Can’t be Wrong: Why WeChat Should Be A Part Of Your Omnichannel Strategy
Resources https://www.statista.com/statistics/255778/number-of-active-wechat-messenger-accounts/ https://technode.com/2018/05/15/wechat-impact-report-2018/ http://www.chinadaily.com.cn/china/2017-11/10/content_34372396.htm https://www.chinainternetwatch.com/22799/wechat-official-accounts-snu/ https://www.emarsys.com/en-hk/resources/blog/multi-channel-marketing-omnichannel/ https://www.businessinsider.de/wechat-has-hit-1-billion-monthly-active-users-2018-3?r=US&IR=T https://open.wechat.com/cgi-bin/newreadtemplate?t=overseas_open/docs/oa/getting-started/account- types#getting-started_account-types https://chinachannel.co/wechat-official-account-features-whats-possible/
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