edhallen
My guess is it comes down to the right VC/Partner and finding mutually agreeable terms.
At Klaviyo (I'm one of the co-founders, so note bias), we've helped many web apps and ecommerce sites setup full email strategies - and we definitely find that some emails don't work. You've got to test different emails and strategies, see what works - and then ideally optimize and personalize what (or even whether) you are sending based on individuals' actions.
For example, say an Ecommerce store realizes most people only make 1 purchase and don't come back. With email, you can target exactly those people, but you also can quickly see if it worked (because you know who you sent it to, you can see if they actually made a purchase).
Retention is definitely really important, but I think what's at root here is that email is an ideal way to interact with users in a more targeted and personal way outside of when they proactively visit your website. The same feedback loop idea should (and will) apply to push notifications, texts, in-app messaging, etc as time goes on.
On the note of smart views, any idea how representative my data is of the typical email user?
Separately, I'm curious to know how far smart views go with aggregation - i.e. if I get 10 facebook friend request emails, are they combined? Or is this an irrelevant question in the smart view paradigm?
5 Triggered Emails your eCommerce Business should Send
5 Years of Black Friday Emails from Amazon (Different yet Consistent)
The problem is that today most marketing is blind - completely unlinkedin from the impact it causes. I'm counting on technology / big data / analytics to change that.
As a benchmark, the most analytically savvy paper mailers / marketers of the last 20 years could arguably be Capital One. They did elaborate testing that involved not running TV ads in markets for years at a time, tons of different message styles, frequencies, etc - all because optimizing these results was worth so much to them.
In short, if getting email right means millions of dollars, then there's a premium on getting it right - just as there is for Google for nailing search testing.
This complexity is going to make analysis nearly impossible in the future as political (and marketing) messaging becomes incredibly personalized.
(I'm actually author and OP here is my also-HN reading brother who beat me to the punch)
An Email Manifesto (rethinking emails sent to customers)
We're working on the some similar problems at Klaviyo (customer lifecycle management / targeting customers and measuring the impact). One of the most interesting related things we've seen is that measuring the impact of emails goes along way towards eliminating debate about email frequency or whether to send campaigns - because you can always just send the campaign to a subset and actually know if it works.
On a broader note, it's great to see how many companies are tackling customer lifecycle management (though with very different approaches and different end markets). It's time people stopped building one-offs for this.
A few companies I know of (the first of which I'm a co-founder of):
- Klaviyo
- Vero
- Customer.io
- Reamaze
- Intercom
- Totango
- Mixpanel
A Warning about Customer Lifetime Value
Penicillin - Mass_Production
In Defense of Judging Startups Based on VC Dollars Raised
The Experience beyond the Product: An Intro to Customer Lifecycle Management
Launching a Democratization of Data Science
As far as the problem with the term "intelligent data" - I think what you say is exactly true if you do data analysis one time; however, the issue is that for those of us running startups, we find ourselves doing analysis over and over - so intelligently selecting data (in a way that takes us less time together and leads to the same decisions) is a huge win. Read intelligent data as being data + intelligence - not a new type of data.
Likewise, the problem with asserting that more data is always better ignores how most companies are making decisions. At the end of the day, our analysis is completely meaningless without a new action. So a better analysis that doesn't get implemented is worth far less (nothing) than an analysis that gets implemented successfully and drives results.
Our Show HN Aftermath: Lessons for Managing Users and Onboarding
Customer Relationships on the Web are Broken (and CRM might be the answer)
That said, I think our sense is that for startups / newer firms it would be great to come up with some sort of plan that makes this more feasible. We'd love to hear thoughts and we're certainly glad to figure out something that works based on specific needs of people. Email me at [email protected] and glad to chat.
Good question. Our current focus has been on high-margin businesses with relatively few (hundreds to tens of thousands, not millions) customers, primarily because they seem to really feel this problem.
Integrations is both through 3rd parties (for things like Mailchimp, Zendesk, etc) where it just takes a couple of clicks and no development and through our API - we have both a javascript and HTTP API. Our javascript snippet gives us a logins per user, but you can really pass us anything you want (has this user finished setup, have they used feature x, etc)