Space NK apothecary get a marketing makeover with BlueVenn

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Space NK apothecary get a marketing makeover with BlueVenn
Case Study

                  Space NK apothecary get a
                   marketing makeover with
                          BlueVenn

     Space NK apothecary retail innovative high-end beauty,
     fragrance, skincare and hair care products to customers around
     the world. It was looking to take control of its customer data
     analysis and improve time to market. Space NK was searching
     for a database marketing solution that would enable its
     marketing team to take campaigns from concept to action in
     24 hours or less, rather than weeks. With BlueVenn’s analytics
     and marketing platform, the Space NK team can now combine
     multiple sources of customer data and derive reliable insight to
     underpin marketing decisions.

©BlueVenn

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Space NK apothecary get a marketing makeover with BlueVenn
Case Study

     Space NK: The Background
     Space NK Apothecary is an international
     supplier of luxury beauty products, with an
     extensive online store, 62 stores across the
     UK and Ireland and 22 in the US. It
     continually adds innovative products,
     sourced globally, to its range.

     It is not untypical for organizations to
     outsource customer data management to
     an agency to carry out analysis that
     becomes the foundation of marketing
     campaigns.

     Once every couple of weeks, Space NK
     sent data to a third party agency which
     would perform deduplication and data
     cleansing and then supply management
     reports on that data. This included email
     selections, brochure selections and
     reporting on numbers of new customers.

     Joe Pack, Head of CRM at Space NK
     identified that this arrangement was not
     meeting the needs of the business.

©BlueVenn

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Space NK apothecary get a marketing makeover with BlueVenn
Case Study

     Space NK: Asking Questions of your Data
     As Space NK developed more                  Further frustrations arose with the
     sophisticated ambitions for its marketing   limited nature of the query process,
     function, Pack wanted to get answers        constrained by a literal interpretation of
     from the analysis in hours rather than      the questions asked. When querying
     days or weeks.                              data, inevitably one question leads to
                                                 another and another. Working with a
     When he or his marketing team had           third party agency there is little flexibility
     questions about the data, the process for   to drill down into the numbers and
     getting answers was very rigid.             explore the data. In addition, Space NK
                                                 encountered reconciliation issues with
     For example, they would develop a set of    data shared with the agency, and as a
     ten questions and send them to the          result could not entirely trust the quality
     agency, which would then supply a quote     and accuracy of the data.
     for the cost and length of time it would
     take to provide answers to those
     questions. In many cases that resulted in
     the database marketing team having to            Working with a third
     reduce the number of questions to fit
     budget constraints. A few weeks later,           party agency there is
     Space NK would receive the answers back
     to the number of questions submitted.
                                                     little flexibility to drill
     This extended turnaround time was             down into the numbers
     becoming untenable.
                                                     and explore the data.

©BlueVenn

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Space NK apothecary get a marketing makeover with BlueVenn
Case Study

     The beauty of Customer Insight
     Space NK required a central hub for           Space NK turned to BlueVenn to
     customer data that would allow the            transform its marketing analytics. Pack
     insights team to experiment with data         had previously worked with BlueVenn, so
     analysis. “We needed to report on the key     knew what could be achieved; however
     metrics that drive the business,” says        this didn’t stop him doing his due
     Pack. “These include cost per acquisition     diligence. “We did evaluate the market for
     (CPA), retention rates, spend per             a solution, but I came back to BlueVenn. I
     customer, lifetime value and trends in        had worked successfully with them
     orders per customer, average selling          before and we did not feel that an SPSS
     price and items per order.”                   solution offered any more than
                                                   BlueVenn, even though they have a
     As well as more flexibility to derive         higher price point.”
     analysis and insight from data, Space NK
     was looking to create an attribution
     model that would allow the company to
     source additional external data sources
     to enrich the overall view of the
     customer. That might include importing
     online tracking data from suppliers,
     appending it to the order file and then
     identifying the true source of an order
     (affiliates, PPC, SEO etc.) as new customer
     records are added.

©BlueVenn

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Space NK apothecary get a marketing makeover with BlueVenn
Case Study

     The beauty of Customer Insight
     He also considered alternatives but felt      flexible approach to providing the
     that for many suppliers the prime focus       necessary support to fill any gaps in my
     was on working through agencies: “We          knowledge. The resulting implementation
     weren’t looking to get into bed with          process was very speedy, with the basic
     another agency to manage our data for         solution up and running in a week and
     us. What we were looking for was a            final tweaks completed in three weeks.”
     direct relationship with the technology
     supplier, not least because the ability to
     throw data at the back end and play with
     it is enormously valuable. It is actually
                                                              “The resulting
     one of the key benefits of partnering                 implementation
     with BlueVenn.”
                                                          process was very
     Pack believed he had enough previous            speedy, with the basic
     experience with the solution to
     implement it in-house. “I was quite happy              solution up and
     to do it all myself so that is the route we
     went down. 90% of it went very smoothly
                                                    running in a week and
     and very well. Ten percent of it turned       final tweaks completed
     out to be slightly beyond my
     capabilities,” says Pack. “At this point we           in three weeks.”
     turned to the BlueVenn support team
     who took a                                    Joe Pack,
                                                   Head of CRM, Space NK

©BlueVenn

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Space NK apothecary get a marketing makeover with BlueVenn
Case Study

     Data visibility drives bottom line benefits
     Now Space NK has an in-house
     marketing analytics solution using
     BlueVenn to help it analyze customer
     data and build customer knowledge. It
     has also enabled the insight team to
     create and distribute reports, and use
     the campaigner functionality to clean
     and deduplicate lists.
                                                    “As we have started to
                                                             provide useful
     Space NK now has much more visibility
     of the data processes and is gaining vital       analysis the appetite
     business insight. As a result of the ability
     to analyze data onsite, powered by
                                                    of the business for this
     BlueVenn, the marketing team has been               kind of insight and
     able to add 45,000 email addresses back
     into its marketing file that it had been
                                                           understanding is
     inadvertently omitting during mailing                    snowballing.”
     campaigns. This is a high value group of
                                                     Joe Pack,
     customers so this previously
                                                     Head of CRM, Space NK
     unachievable action is likely to translate
     into significant bottom line benefits.

©BlueVenn

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Space NK apothecary get a marketing makeover with BlueVenn
Case Study

     Data visibility drives bottom line benefits
     In the months following the                  He adds, “The attribution model allows us
     implementation Space NK have been            to make a much more informed decision
     busy incorporating extra data sources        about where our acquisition spend
     into the BlueVenn solution. “We have         should go. When a new customer arrives
     been pulling in data sources left and        at the website, it is possible to say exactly
     right. For example, data from our email      where they came from and how much it
     service provider, data from web analytics    cost to acquire them. That allows us to
     for the production of the attribution        make much better decisions about
     model and integrating competition            further investment.”
     entrants who were held on a different
     database,” says Pack.

     24 hour Marketing makeover – from concept to action
     BlueVenn’s analytics power a hugely
     accelerated speed to market, with Space
     NK achieving in hours activity that used
     to take weeks. Pack says, “If we want to
                                                  “BlueVenn is one of
     produce a very specific mailing campaign,     the best analytical tools
     for example sending out sample items to
     our best customers who have bought                   in the market.”
     similar things before, in the old way of
                                                             Joe Pack, Head of CRM, Space NK
     doings things that would have been a
     two-week process, to brief the agency,
     get the list created and then actually use
     it. Now we can turn it around in a day. We
     can go from concept to action in 24
     hours.”

©BlueVenn

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Space NK apothecary get a marketing makeover with BlueVenn
Case Study

            “We are making much more
              informed decisions now,
             with the value of BlueVenn
              reaching right across the
                     business.”

                   Joe Pack, Head of CRM, Space NK

©BlueVenn

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Space NK apothecary get a marketing makeover with BlueVenn
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©BlueVenn

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Space NK apothecary get a marketing makeover with BlueVenn
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