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Submission: On July 30 via manual from GB — Scanned from GB
Effective URL: https://www.cotera.co/
Submission: On July 30 via manual from GB — Scanned from GB
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AboutBlog Sign inBook a demo Sign inBook a demo N_ YOUR BEST CUSTOMERS. Slide 3 of 4. NURTURE RETAIN ENGAGE FIND YOUR BEST CUSTOMERS. Cotera is a comprehensive solution for discovering, engaging and retaining your best customers through data-powered segmentation. Book a demoLearn more Jeff Smith Owner, Smithtech > Aliquam vitae tortor urna. Donec suscipit nunc augue, vitae auctor leo aliquet > at. Curabitur id tincidunt eros. Pellentesque ante diam, dignissim ut pulvinar > tincidunt, posuere at quam. Pellentesque ante diam, dignissim ut pulvinar > tincidunt. Joe Bloggs Director, Bloggs.com > Aliquam vitae tortor urna. Donec suscipit nunc augue, vitae auctor leo aliquet > at. Curabitur id tincidunt eros. Pellentesque ante diam, dignissim ut pulvinar > tincidunt, posuere at quam. HOW IT WORKS SEGMENT YOUR CUSTOMERS Identify your champion, promising and lapsing customers. DISCOVER WHAT INFLUENCES THEM Find the levers in your data that you can use to move a customer from one segment to another. TARGET THEM EFFECTIVELY Nurture opportunity segments through marketing recommendations using your existing tech stack. UNLOCK NEW OPPORTUNITIES Test and learn what resonates with your customer segments. SEGMENT With our automated lifecycle segmentation product, we’ll have you set up in no time with a complete overview of all of your customers, organized into actionable segments. We’ll tell you how you're performing and where the bucket leaks the most. Book a demo UNDERSTAND It’s a start to know that you’re losing customers from a segment, but really you need to understand why. We search your data to surface key insights that you can use to ensure customers are engaged and retained with your brand. Under the hood, our rigorous statistics take the bulk out of the analysis and point you in the right direction as efficiently as possible. Book a demo PERSONALIZE Customize your existing campaigns even further. Want to send details of the last item someone purchased to Klaviyo? No problem. How about a new product recommendation? We're on it. Our AI models allow you to make your retention marketing efforts truly intelligent. Book a demo OPTIMIZE You need a way to retain your at risk customers. We take the guesswork out of defining those segments and provide them to you within your preferred marketing platform. After the campaign is sent, we help track how those campaigns performed against their objective and their impact on retention or engagement. Book a demo LATEST POSTS Stay up to date with our latest posts. More posts marketing data personalization FROM DATA TO DOLLARS: HARNESSING LTV TO DRIVE REVENUE LTV is one of those concepts that can easily be understood at surface level but often misunderstood at its core. But what exactly makes it so difficult to grasp? 1. LTV is hard to calculate, and nobody knows what to do with it. 2. There’s no way easy way to use it to measure growth. 3. Fixing (1) and (2) is much easier said than done. Read more marketing personalization FROM GLOSS TO GLORY: DECODING GLOSSIER'S BRAND SUCCESS Realistic movies are usually comedic and dramatic spins of real life, but if you’ve ever watched “The Devil Wears Prada,” you’ll know the film has quite accurately captured how intense and almost cultish the fashion and beauty industry can be. Glossier’s rise to fame, though, is largely attributed to its defiance of this cultural mindset. But it’s a little ironic - Glossier set out to escape from the echo chamber of the beauty industry, yet its own customer base is known for being extremely obsessed with the brand. Let’s dive deeper into what exactly triggered Glossier’s explosive takeover. Read more data marketing RFM MADE EASY: A GUIDE TO PROFILING YOUR BEST CUSTOMERS RFM is a customer segmentation methodology for e-commerce businesses. The insight behind this framework is that customers who purchased recently are more likely to purchase again. Equally, big and frequent spenders are more likely to respond to promotions than small and infrequent spenders. Together, the three metrics give you a way to create lifecycle segments that let you answer questions like: Who are my best customers? Which customers am I at risk of losing? Which customers are best to target with promotions? Which customers can I entice to spend more? Read more data marketing personalization FROM PLAY TO PAY: HOW SPOTIFY MASTERS USER CONVERSION I’ve been a proud Spotify user since 2015 and have never reverted to another music streaming platform since then. There’s a reason Spotify is so skilled at converting customers into premium users and retaining them. Being a music platform, Spotify has mastered the art of personalization. However, what truly differentiates them from the competition is the way they manage to personalize both individual user experiences on the platform and the marketing content every user receives. Read more personalization marketing data MAKING SMARTER CUSTOMER RETENTION DECISIONS The problem we see with most brands is that they take an “everything to everyone” approach to retention marketing, which means they try to appeal to all their customers with the same generic campaigns and messages, rather than tailoring their marketing efforts to specific customer segments. We find that this approach leads to poor engagement and low retention rates, as folks aren’t likely to respond to messages that aren’t tailored to their interests. And thus, we see the importance of segmentation! Read more marketing data personalization TRADING TROUBLES: ROBINHOOD'S FALL FROM FINTECH FAME Robinhood was the first trading platform of its kind. With its goal to “democratize finance for all,” the platform enabled any user, regardless of financial expertise, to invest in stocks, crypto, options, and more. Of course, any company’s downfall is a result of a combination of multiple factors. But according to Robinhood’s CEO, Vlad Tenev, one of their critical mistakes was assuming that heightened user engagement in the pandemic would continue… post-pandemic. Read more data marketing WHY YOUR CHURN MITIGATION STRATEGY MIGHT BE TOO LITTLE, TOO LATE 99.9% of businesses are in the business of selling something, and the person on the other end of the transaction is a customer. Now, different businesses have different numbers of customers: Delta flies hundreds of millions of customers around the world each year (I’m writing this on a Delta flight right now), while a company that creates missile defense systems might do so for very few but usually very large countries over the course of a given decade. Most of these companies also experience what’s called “churn.” The term is most often attributed to companies that sell a subscription, but is also present in most other types of business, just with differing amounts of importance. Read more data marketing personalization UNVEILING BUYER PERSONAS: HOW "CALVIN", "DORA", AND "SAMMY" CAN BOOST YOUR SALES We were working with a +$40M e-commerce brand last year that sold coffee and tea online, and we found that their customer re-targeting strategy amounted to taking every person who hadn’t purchased in the last 6 months and sending them a coupon for 10% off the highest selling product that the brand had (or sometimes a product that was in overstock). This, while better than nothing, was leaving money on the table.We’ve also found this on the SaaS side. The retention strategy for surprisingly large companies can whittle down to effectively a poke/prod to anyone who hasn’t logged in in a few weeks. We’ve found that you can increase engagement by double digit percentages by making sure that you target the right customers at the right time. Read more marketing data personalization SHOE-IN SUCCESS: HOW NIKE “JUST DID IT” WITH STRATEGIC SEGMENTATION What’s the first brand that comes to mind when you think of footwear? There’s a good chance you immediately thought of Nike (or Adidas, but let’s save that story for another day). And who can blame you? Nike is not only the largest shoe brand in the world, but they’re also one of the most well-known brands as a whole. At least in the footwear industry, their brand awareness is truly unparalleled. Read more data marketing personalization BULLSEYE PRECISION: THE STORY BEHIND TARGET'S PERSONALIZATION WIZARDRY Let’s take a look at one of the most successful retailers in the world - Target. Target’s decision to use data to both identify its customer segments and personalize its advertising efforts truly revolutionized the way data could be used in the retail space. Read more data marketing personalization SEGMENTATION SUPERCHARGED: EMPOWERING YOUR ACQUISITION AND PRODUCT STRATEGY We think that there are three “quick win” areas where you can leverage data segmentation to improve aspects of strategy. We’ll start by looking at how data can help you optimize customer acquisition by identifying which products are most likely to lead to repeat purchases. Next, we'll dive into how leveraging data on customer behavior can lead to product decisions that keep your customers engaged and loyal. Finally, we'll discuss how data can help you decide on pricing and promotions that strike the right balance between short-term revenue and long-term profitability. Read more data marketing FROM BROKEN BREAD TO BROKEN STOCKS: THE BLUE APRON STORY Just a few years ago, this niche industry was shocking the world with its sudden explosion in growth, valued at over $1.5 billion in 2016 and nearly doubling the next year. What’s crazy is that while HelloFresh now dominates the meal kit sector, this wasn’t always the case. Read more marketing personalization FROM NOISE TO NICHE: THE MAGIC OF SEGMENTATION IN PERSONALIZING YOUR MESSAGE Finding new customers can be infuriatingly difficult, expensive, and time-consuming. While it’s always good to be on the lookout for potential ICP candidates, it’s also crucial to drill down on your current customers. After all, if you fail to cater towards your current customers, you might just lose them. Read more marketing personalization BETTER MARKETING WITH DATA - PERSONALIZING POST PURCHASE You just purchased a pair of sneakers from Allbirds, and you immediately receive a post-purchase email in your inbox. There’s about a 45% chance you even open the email in the first place, but let’s say you do. Which one of these emails would you be more likely to look through? Which would leave a more lasting impression? Read more company COTERA IS SOC2 COMPLIANT! Read more More posts STAY IN TOUCH Sign up today Not ready to reach out yet? Sign up for news on our latest product and content updates. Sign up today Designed in London and New York. App Sign in Company AboutBlogSecurity Legal PrivacyTerms © 2023 Supersheets, Inc. All rights reserved.