170 likes | 332 Views
Reckitt Benckiser: Veet Essence Targeted Coupon Dec CashBack ClubCard Mailing Post-Campaign Report. Contents. Introduction Coupon Redemption & Response Incremental Analysis Immediate ROI Conclusions & Recommendations. Introduction.
E N D
Reckitt Benckiser: Veet Essence Targeted CouponDec CashBack ClubCard MailingPost-Campaign Report
Contents • Introduction • Coupon Redemption & Response • Incremental Analysis • Immediate ROI • Conclusions & Recommendations
Introduction • 298,691 ClubCard customers targeted utilising 5one’s targeting tool • Campaign period: 29 Oct 2010 – 26 Dec 2010 • Both Current and New customers targeted: • 83,667 Current shoppers • 215,024 New shoppers • Reward level constructed tested: • Get R10 off on Veet Supreme Essence • Control group of look alike shoppers measured over the campaign period
Contents • Introduction • Coupon Redemption & Response • Incremental Analysis • Immediate ROI • Conclusions & Recommendations
Targeted Coupon: Redemption Redemption: shoppers who bought featured product at the same time as handing in the coupon • Overall redemption rate is average: 0.5% (above 1% is ‘good’ for Current shoppers, 0.5% ‘good’ for New shoppers) How many mailants shopped the promoted products?
Targeted Coupon: Response Response: shoppers who bought featured product regardless of whether they handed in the coupon A more accurate metric for campaign success as the coupon acts as both a discount and marketing message. • Overall response rate is 1.2%(above 2% is ‘good’ for Current shoppers, above 1% for New shoppers) • Offer to new shoppers driving an additional 879 new shoppers to Veet Supreme Essence!
Contents • Introduction • Coupon Redemption & Response • Incremental Analysis • Immediate ROI • Conclusions & Recommendations
Incremental Shoppers Incremental analysis shows how total mailed responders would have shopped had they not received the mailing – essential in understanding actual effect of the campaign. How many shoppers were incremental? • Overall the mailed group shopped at a higher rate than targeted shoppers resulting in 27% of shoppers being incremental 9
Incremental Units How many more units were purchased? • The mailed group shopped at a higher rate than the control group resulting in 38% of total units being incremental 10
Incremental Sales How many more sales were achieved? • Total mailed sales of R134k achieved, with 11% sales being incremental 11
Contents • Introduction • Coupon Redemption & Response • Incremental Analysis • Immediate ROI • Conclusions & Recommendations
Immediate Return On Investment What was the immediate ROI of the targeted coupon based on Incremental sales? • Overall ROI is negative: -70%; however, if these new shoppers going to purchase there should be a positive longer-term effect of new customers on ROI 13
Contents • Introduction • Coupon Redemption & Response • Incremental Analysis • Immediate ROI • Conclusions & Recommendations
Campaign Summary • Overall campaign generated ideal response: • Redemption rate: 0.5% (1,597 shoppers) • Response rate: 1.2% (3,492shoppers) • Successful at driving incremental behaviour: • Shoppers: 928 (27%) • Units: 1,775 (38%) • Sales: R 15,001 (11%) • Overall campaign generated immediate ROI of -70% at a promoted product level
Recommendations • Continue to use targeted coupons to invoke re-purchase and gain new shoppers to the brands • Test different offer levels for current and new shoppers • In-depth analysis of what a Veet shopper looks like, how they shop across the range and what competitor products they are purchasing into
Thank-you Nikki Emerton – 5one Account Manager Nikki.emerton@5one.co.za