Adding personalization to your marketing channels has been shown to increase consumer spending by as much as 500%
Since the beginning of commerce, business owners have understood the power of remembering details about their customers to boost sales and build loyalty. Today’s technology allows savvy marketers to harness the power of data to target customers and personalize messaging like never before.
Instead of segmenting their prospects and delivering them all the same message, brand communicators can now create campaigns that are a segment of one— delivering marketing materials that appear unique to the individual. This is the power of one-to-one marketing.
Consider This
91% of consumers are more likely to shop with brands who provide relevant offers and recommendations
72% of consumers in 2019 only engage with marketing messages that are customized to their specific interests
80% of those who classify themselves as frequent shoppers say they only shop with brands who personalize their experience
90% of consumers are willing to share their behavioral data if additional benefits are provided that make shopping cheaper or easier
70% of millennials are willing to let retailers track their browsing and shopping behaviors in exchange for a better shopping experience
70% of millennials are frustrated with brands sending them irrelevant marketing emails and prefer personalized emails over batch and blast communications
By 2020, 51% of consumers expect that companies will anticipate their needs and make relevant suggestions before they make contact
77% of marketers say real-time personalization is crucial; however, 60% report it’s a challenge to execute
Personalization works: 88% of U.S. marketers reported seeing measurable improvements due to personalization — with more than half reporting a lift greater than 10%
Increasing personalization in more channels can increase overall consumer spending up to 500%
Did you know that HardingPoorman can deliver highly personalized variable data-driven ads, email, and direct mail pieces — all driving users to very personalized landing pages?
To arrange a no obligation meeting to discuss how HardingPoorman can help with your One-2-one marketing needs.
Source: https://www.vedia.ai/blog/one-to-one-marketing-definition/