Published on February 18, 2014
+ + How to Lower Acquisition Costs and Increases Online Registrations for Ecommerce Businesses MTL + ECOMMERCE #12 – Feb 18th, 2014 Virginie de Malavois – Director of Sales VIRAL NINJAS CONFIDENTIAL
Do you know what powered the success of these sites? SEO. SEM. Affiliate. Social. Viral. Success Powered by ? VIRAL NINJAS CONFIDENTIAL +
Our mission To help ecommerce businesses to gain new customers by leveraging existing ones. VIRALNINJASCONFIDENTIAL +
Facts. • • • • Launched in 2011 Headquarter in Montreal and office in San Francisco 20 employees + 10 planned 20 Ecommerce, Daily deals and Flash Sales clients VIRALNINJASCONFIDENTIAL +
Be in touch with all potential customers • Acquire new customers by rewarding existing customers • Your customers are your best ambassadors • Get rewarded on every dollar invested VIRALNINJASCONFIDENTIAL +
How does a referral program look like? VIRALNINJASCONFIDENTIAL +
Access Email Address Books. VIRAL NINJAS CONFIDENTIAL +
Invite Friends & Family. VIRAL NINJAS CONFIDENTIAL +
While Minimizing User Friction. Search bar Gender segmentation VIRAL NINJAS CONFIDENTIAL +
Maximizing Deliverability. Already a member Invitation already pending Invitation selected VIRAL NINJAS CONFIDENTIAL +
And Incentivizing Along The Way. VIRAL NINJAS CONFIDENTIAL +
How to make your referral campaign successful? 1. Have a relevant offer 2. Identify the viral loop 3. Minimize user friction 4. Incentivize along the way 5. Monitor & Optimize the viral loop VIRALNINJASCONFIDENTIAL +
Best practices • Create a compelling offer Eg: get $10 for every referral and your friend gets up to $5 on his next purchase • Promote the program effectively On every single page of your site including confirmation page • Make it easy to share Give the user the control to choose how to share • Personalize the experience Eg: take $15 off your purchase • Monitor & Optimize Eg: A/B test messaging and incentive • Test & Learn VIRALNINJASCONFIDENTIAL +
And it works! • 20 to 50% new customers • 5 to 25% conversion rate • ~20 shares / advocate • 7.5% click rate VIRALNINJASCONFIDENTIAL +
If you want to see more great referral programs… VIRAL NINJAS CONFIDENTIAL +
Q&A Virginie de Malavois Director of Sales Mail: email@example.com Ph: 514-677-6965
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