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- Thursday, April 11
Thursday, April 11
🗣 Running a B2B and want to reach 33,441 DTC Brands? Start here
Ask Ibrahim: If you need advice for your business, ask our DTC expert here
Hey DTC enthusiasts!
As we cruise into the weekend, we've got some sweet strategies and tools to help you crush it in your business.
Take a quick peek and get pumped for an awesome day ahead. Your business will thank you later!
Sound good? Let's do this! 😎
eCommerce Ad Metrics: Measuring DTC Success
Ibrahim’s Nuggets: Why setting up browse abandonment email flow is important for your brand..
Let’s get into it👇
WHAT’S HOT ON SOCIAL MEDIA
Considering today’s economy, we’re totally with Nick here. No matter what product you’re building/selling in the DTC space, it’s very likely you already have lots of competition. If you don’t, it probably would mean you’re either selling something that barely has market demand, or selling something that has demand, but no one has built it yet—if you belong to the latter, congrats!
But what do you do when you’re selling something that others are selling too?
You try to differentiate yourself with other aspects such as providing excellent customer support, sending out personalised post mails with surprise and delight gifts (especially for subscription customers), and not being afraid to try new things to enhance the overall experience of a customer that engages with your brand.
If you’re just one more brand in the market that’s doing the same thing like the rest of them, this is where customers mostly buy by comparing price. The brand hasn’t given them enough reasons to pay a premium for!
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ADVERTISING
#3 - eCommerce Ad Metrics: Measuring DTC Success
The Scoop: Online advertising is shifting from clicks to metrics that impact ecommerce sales and profitability. Platforms like Amazon, Google, and Meta are leading the way.
Why DTC Brands Should Care: Metrics like advertising cost of sale (ACOS) and total return on ad spend (TROAS) help you understand the true impact of ad spend on your bottom line.
The DTC Playbook:
Optimize Amazon campaigns using ACOS targets that align with profit margins
Use Google's customer acquisition tools to reach high-value shoppers
Leverage Meta's customer lifetime value modeling to target loyal customers
Tracking Your Progress:
Monitor ACOS, ROAS, and CLV across key channels with an Advertising Efficiency Dashboard
Connect media spend to profit margins with a Profitability Dashboard
What's Next: Expect more granular measurement solutions from ad partners. Identity resolution and data integration will be key to connecting the dots from impression to repeat purchase.
The Bottom Line: Focus on the channels, strategies, and audiences that drive real growth. Let data guide you to your most valuable customers. Embrace the evolution of ad metrics to stay ahead in the competitive world of ecommerce.
DTC Daily’s Monthly Spotlight:
Tools and Services:
Need a Graphic Designer? Cost effective solution, instead of full-time employee: Delesign
🗣 Have an upcoming event or tools you’d like to recommend to 33,441 DTC Brands? Click Here
IBRAHIM’S NUGGETS
Why setting up browse abandonment email flow is important for your brand..
Hi, everyone!
Yesterday, I mentioned I’d be digging further into other must have flows, and today, we’ll talk about the browse abandonment flow. If you haven’t read the previous issue on welcome email flow, you can do so by clicking below.
Must have flows:
Browse Abandonment Flow | Buyers Vs Non-buyers
Abandoned Cart Flow | Buyers Vs Non-buyers
Checkout Abandonment Flow | Buyers Vs Non-buyers
Post-Purchase Flow | Buyers Vs Non-buyers
Please note: I would be mentioning Klaviyo by default, but it should pretty much apply to other email service providers (ESPs) too.
Browse Abandonment Flow | Buyers Vs Non-buyers
Who would enter this flow?
Anyone who’s landed on your website AND looked at specific product(s), but did not add any items to their shopping cart or complete a purchase. If they’ve only landed on your home page, but haven’t specifically viewed any product, they won’t be eligible
Tracked and Identified Users: For a user to enter the Browse Abandonment flow, they must first be identified by Klaviyo. This identification can happen through various methods, such as when a user signs up for your newsletter, makes a purchase, or otherwise provides their email address in a way that Klaviyo can track. Additionally, the user must have an active cookie session from your website, allowing Klaviyo to track their browsing behavior
Users Who Have Viewed Product Pages: The key trigger for entering a Browse Abandonment flow is the action of viewing one or more product pages without taking further action, like adding products to the cart. Klaviyo tracks this behavior and can trigger the flow based on these browsing actions
Users Who Have Not Made a Recent Purchase: Typically, to avoid sending too many emails, the flow is set up to exclude users who have recently made a purchase. This time frame can be adjusted based on your specific flow settings and strategy
Users Who Meet the Flow’s Entry Criteria: You can set specific criteria for entering the flow, such as having viewed certain product categories or items, spending a certain amount of time on the product pages, or other behaviors that indicate interest. These criteria can be customized to match your marketing strategy
It's important to configure the flow carefully to ensure you're targeting users who are genuinely interested in your products, but might need an extra nudge to make a purchase. Properly executed, browse abandonment emails can effectively bring users back to your website to complete their purchases!
How do you set it up?
This can require some manual setup and testing from your side, depending on your needs, to ensure Klaviyo (or any other ESP tool) is triggering the viewed product event
If you’re on Shopify, Viewed Product tracking is enabled by Klaviyo's app embed in Shopify. You can find out more in Klaviyo’s guide to getting started with Shopify
Here’s a guide to set it up by Klaviyo if you’re on any other hosting platforms such as WooCommerce, Magento, etc.
If you use any other ESPs, please google the instructions, and you should be able to find a guide on how to set it up, if you don’t have it set up and optimized yet
What are the emails you should send out in this flow?
Email 1: The Initial Reminder
Timing: Send within 1-4 hours after abandonment
Content: This email should be a gentle reminder of the items they viewed, emphasizing product benefits or features. Include visually appealing product images and a clear call-to-action (CTA) leading them back to the product pages
Email 2: Provide Social Proof or Reviews
Timing: Send 1 day after the first email if there’s no response
Content: Build trust and interest by sharing customer testimonials, reviews, or ratings for the browsed products. Highlight the popularity or effectiveness of the products to encourage a reconsideration
Email 3: Offer Help or Ask for Feedback
Timing: Send 2-3 days after the second email if the user hasn’t returned
Content: Pose questions to gauge interest or barriers to purchase, like “Did you find what you were looking for?” Offer assistance through customer service or a FAQ link. This email can be more personalized and conversational
Email 4: Create a Sense of Urgency or Offer a Limited-Time Incentive
Timing: Send 5-7 days after the third email
Content: Inject urgency by mentioning limited stock, an upcoming price increase, or offer a time-sensitive discount or free shipping. The goal is to compel action by creating a fear of missing out (FOMO)
Email 5: Show Related Products or Personalized Recommendations
Timing: Optionally, as a follow-up a week later or after the urgency email
Content: If the previous emails did not result in a purchase, this email can showcase alternative products, related items, or personalized recommendations based on their browsing history
Additional Tips:
Personalization: Tailor each email by including the user’s name and specific products they viewed at the very least. Personalization can significantly increase engagement rates
Mobile Optimization: Ensure all emails are mobile-friendly, as most users are going to be reading via mobile. In fact, everything you build should be optimized for mobile primarily, and then the desktop/iPads
Test and Optimize: Regularly A/B test different subject lines, content variables, and timing to see what works best for your audience. Adjust based on performance metrics
Please note, this sequence is meant to be a reference point. The exact number of emails, their content, and timing should be adjusted based on your specific audience, product types, and performance data. The key is to provide value in each communication and make it easy for users to return to your site and complete their purchases!
Also, remember, most of your website visitors are going to visit your website, view some products (not all of them), and just bounce back. You absolutely need to have this flow set up, if you don’t already
Alright folks, that’s it for today. Hope that was helpful. Tomorrow, I’ll answer some Q&As, and I see we’ve got a few really good questions, so that would be fun to answer!
Thank you.
RESOURCES
#4 - Things Worth Checking Out
Hook Logistics + Diamond Hook SHORT FORM - Need a one-stop shop for your eCommerce needs? Diamond Hook handles web, brand and growth, and their sister company Hook Logistics handles sourcing and fulfillment. Book a call with DH or HL today!
AI - Jack Ma promises to upend e-commerce with AI in a new memo to Alibaba employees
REPORT - eCommerce leads in influencer marketing spending with 27 per cent, followed by fmcg
INTERNATIONAL - Alibaba will struggle to knock Temu off ecommerce top spot
PAYMENTS - How ecommerce brands can personalize the payment process
Have any questions that you need help with?
Ask here - and look out for Fridays Issue where Ibrahim will answer them.
If you want to reach our audience, email [email protected] or set up a call here