August 11, 2023

The Future of Customer Experience with Embedded Insurance

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Table of Contents

  • Understanding Current Challenges of Traditional Insurance Models
  • Embedded Insurance: Definitions and Applications
  • Benefits of Embedded Insurance
  • Implementing Embedded Insurance with Different Business Models
    • Ecosystem Orchestrators
    • Insurance in a Box
    • B2B SaaS Enablers
  • Embedded Insurance Case Studies to Get Inspired
    • Trov and Lloyds Banking Group – Embedded Insurance for On-Demand Coverage
    • JetBlue and Allianz – Embedded Travel Insurance for Customers
  • Streamlining Embedded Insurance with Evam
    • Let’s Join Forces to Redefine the Ultimate Customer Experience in the Insurance Industry

Insurance is a fast-changing and competitive industry, requiring industry players to advance in two main areas: creating differentiation by delivering the ultimate customer experience and keeping up with digital transformation.

Currently, 42% of customers within the insurance industry value seamless omnichannel experiences that entail various channels. However, traditional insurance models are too limited to provide this ultimate customer journey.

The Future of Customer Experience with Embedded Insurance

Embedded insurance is tackling this challenge by enabling insurance companies to deliver personalized and streamlined experiences that offer insurance products as a component of a connected journey through digital channels.

It is expected that embedded insurance will make up more than 30% of all insurance transactions by 2028, showing that it is one of the innovations industry players need to adopt to maintain a competitive advantage.

To assist you in acquiring an embedded approach toward delivering insurance products and services, this blog post will take an in-depth look into what embedded insurance is and share insightful examples to keep you inspired.

Understanding Current Challenges of Traditional Insurance Models

Embedded insurance is a straightforward concept, but understanding its importance lies in recognizing its distinctions from traditional approaches.

The conventional insurance models revolve around selling standalone products through intermediaries like agents, brokers, or comparison websites. However, these models present several limitations and challenges:

  • Inflexible Products: Insurance products are typically standardized and lack flexibility, making it difficult for customers to tailor policies to their specific needs.
  • Limited Distribution Channels: Conventional insurers heavily rely on agents or brokers for distribution, restricting their direct access to specific geographic regions or customer segments.
  • Low Customer Engagement: Typically, customers’ interactions with their insurers only happen when they buy a policy or make a claim. This minimal interaction with customers leads to a lack of engagement and understanding of customer preferences.
  • Disconnected Ecosystems: Integration with other industries may prove challenging for traditional insurers, hindering their ability to provide insurance solutions at relevant touchpoints in their customers’ lives.

By embracing an embedded approach, companies can overcome these challenges and offer more customized, accessible, and engaging insurance experiences to their customers.

Embedded Insurance: Definitions and Applications

Embedded insurance involves seamlessly integrating insurance products or coverage into non-insurance products or services, creating a unified offering for customers.

By doing so, the insurance component becomes an integral part of the main product or service, providing added value and protection without the need for customers to buy a separate insurance policy.The Future of Customer Experience with Embedded Insurance

Embedded insurance integrates complementary products into a highly targeted digital customer journey.

Source: McKinsey & Company

Partnership lies at the heart of this innovative and customer-centric approach. It requires businesses and insurance companies to collaborate to embed relevant insurance offerings directly into products or services.

Embedded insurance to customer journeys can be highly promising for industries where providing a hyper-targeted customer experience is the main differentiating factor—especially for industries like Financial Services, Telecommunication, and Aviation & Transportation.

Benefits of Embedded Insurance

The embedded approach offers insurance customers a connected journey, addressing their needs in real-time. This enables insurance companies to deliver the right offering at the right moment and through the appropriate message, turning every interaction into a positive customer experience. It can also provide several benefits for both customers in the market and insurers, such as:

  • Contextual Relevance: The insurance coverage is directly related to the use or purchase of the main product or service, making it highly relevant to the customer’s needs.
  • Personalization: Policies or insurance coverage can be customized to each customer’s preferences and circumstances, providing a more engaging experience.
  • Real-time Activation: Insurance coverage is automatically activated when the customer uses or purchases the main product or service, ensuring immediate protection and peace of mind.
  • Simplified Claims Process: Integrated systems and data sharing streamline the claims process, reducing the administrative burden on the customer.
  • New Revenue Streams: Insurance companies can tap into non-traditional markets thanks to digital channels. This creates new revenue streams and business opportunities for insurers.
  • Actionable Insights: An embedded system requires utilizing real-time interaction management in the insurance operations. This approach entails leveraging data analytics to gain insights into customer behavior and risk profiles, enabling more accurate underwriting and risk management.

These benefits tackle the current challenges of conventional insurance by offering more flexible and personalized products that can be seamlessly integrated with various services.

Currently, 50% of customers place a high value on this level of personalization, but only 17% of insurers prioritize delivering individual experiences to their customers. Therefore, there is a huge opportunity for companies that utilize embedded insurance to capitalize on the next big opportunities.

Implementing Embedded Insurance with Different Business Models

Embedded insurance presents an exciting opportunity for incumbent insurers to capitalize on their core strengths in product development, pricing, underwriting, claims management, and service operations to thrive in the market.

Three business models that can benefit incumbent insurers are ecosystem orchestrators, insurance in a box, and B2B SaaS enablers.

The Future of Customer Experience with Embedded Insurance

Source: McKinsey & Company

Let’s take a deeper look into how these business models can function for companies that aim to unlock greater customer engagement in the insurance industry.

Ecosystem Orchestrators

One prominent approach to embedded insurance is the Ecosystem Orchestrator model. Under this model, insurers seamlessly integrate their insurance offerings with third-party products within their existing platform.

By taking ownership of the entire insurance value chain, including underwriting, claims management, service operations, product development, and pricing, these insurers can create a seamless and efficient user experience for their customers.

Insurance in a Box

Another compelling business model is known as "Insurance in a Box." Here, B2B2C platforms collaborate with insurers to distribute insurance products to consumer-facing brands.

These platforms aggregate supply from multiple insurers and facilitate end-to-end digital journeys for customers, from purchasing policies to managing claims.

B2B SaaS Enablers

The B2B SaaS Enabler model involves providing Application Programming Interfaces (APIs) that link insurers directly to distributors. These APIs serve as the interface through which insurers and distributors interact with and jointly serve the end customers.

This model differs from "Insurance in a Box" where the B2B2C platform partner handles all post-purchase customer interactions and coordinates with the insurer in the background.

Embedded Insurance Case Studies to Get Inspired

Trov and Lloyds Banking Group – Embedded Insurance for On-Demand Coverage

In a groundbreaking partnership, Trov, the leading insurance company, teamed up with Lloyds Banking Group to offer on-demand insurance coverage for personal belongings such as gadgets, electronics, and valuables.

Lloyds Banking Group integrated Trov’s on-demand insurance platform into their banking services, making it easy for customers to access coverage through their banking app. Through this user-friendly mobile app, customers could purchase insurance when needed. The results were impressive:

  • New Revenue Streams: Lloyds Banking Group expanded beyond traditional banking services, generating new revenue by offering on-demand insurance.
  • Customer Engagement: The embedded insurance offering increased customer engagement within the banking app, leading to higher customer retention and cross-selling opportunities.
  • Reduced Overhead: Trov’s technology streamlined insurance processes, leading to cost-effective operations for Lloyds Banking Group.
  • Enhanced Market Presence: The partnership with Trov allowed Lloyds Banking Group to tap into the insurtech market, expanding its product portfolio.

JetBlue and Allianz – Embedded Travel Insurance for Customers

Allianz partnered with JetBlue Airways to offer embedded travel insurance coverage for its customers when booking flights and other travel services.

JetBlue integrated Allianz’s insurance offerings into its booking platform, allowing customers to easily opt for travel insurance during the flight booking process.

The travel insurance coverage included protection for trip cancellations, trip interruptions, baggage loss, medical emergencies, and other travel-related incidents. This collaboration brought remarkable benefits such as:

  • Enhanced Customer Experience: The embedded travel insurance gave customers peace of mind, leading to higher customer satisfaction and loyalty.
  • Increased Revenue: JetBlue generated additional income by offering travel insurance as an add-on during bookings.
  • Risk Mitigation: Allianz’s insurance coverage helped minimize risks associated with travel for customers.
  • Brand Loyalty: The customer-focused approach of JetBlue and Allianz attracted more satisfied and loyal customers.

Streamlining Embedded Insurance with Evam

Evam’s real-time cross-channel martech platform, Evam Marketing Suite, enables insurance companies and key players from industries such as financial services and telecommunications organizations to streamline their embedded insurance efforts.

This easily integrable and security-compliant platform collects and analyzes actionable customer data and utilizes a data-driven approach to decision-making, ensuring that the right actions are taken in milliseconds.

Here is an example scenario you can create with Evam Marketing Suite, where the main aim is to remind users of the benefits of travel insurance and how they can easily purchase it.

The Future of Customer Experience with Embedded Insurance

  • Evam Marketing Suite tracks whether the user has logged in via the mobile app or the website (tracked by the "web login" and "app login" events).
  • In case a specific user has logged in, the platform checks if the user has purchased a plane ticket using the "flight_purchased" event.
  • If the user has purchased a plane ticket, Evam Marketing Suite triggers a mobile in-app message or a web push notification reminding them of the various benefits of travel insurance and providing information on how to purchase it.

Let’s look at another scenario Evam Marketing Suite can trigger for an insurance company. This scenario is defined to track the events of customers buying travel insurance and offering them extra miles.

  • Evam Marketing Suite checks if a user visits the travel insurance landing page.
  • If the customer clicks on the "buy now" button and arrives at the purchase page, the platform displays a web push notification to the customer offering extra miles.
The Future of Customer Experience with Embedded Insurance

Let’s Join Forces to Redefine the Ultimate Customer Experience in the Insurance Industry

Leveraging the power of embedded insurance requires utilizing a system capable of real-time interaction management.

As a leading martech company specializing in customer journey orchestration, we can help you create an omnichannel insurance strategy that delivers contextually relevant and personalized experiences to your customers.

Intrigued to learn how we can help you? Get in touch with us today!

Contact Us!

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    So we aim to explore the major 2025 customer experience trends shaping our landscape in this first blog post of the year. Whether you’re in banking, telecom, e-commerce & retail, insurance, or aviation & travel, these trends matter. They highlight what your customers truly expect from every product or service you offer.

    Shifting Consumer Behaviors: The Roadmap to 2025

    The business world moves fast. By now, we’ve seen how quickly consumer behaviors change. The global environment, evolving technology, and new social norms constantly push us to adapt yet the numbers are not optimistic. According to Forrester, this year, the average effectiveness of experiences fell to 64%, while the average ease of experiences fell to 66%.

    These shifts can feel overwhelming. That’s why it helps to look at customer trends 2025 as a roadmap. They guide us through changing market demands.

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    Yet, staying ahead isn’t just about technology. It’s also about emotion. What do customers want to feel by the time they complete an interaction with you? Some might crave a sense of belonging. Others look for efficiency and speed. Some want an in-depth brand relationship.

    By observing consumer spending habits and the feedback from different markets, you can deliver a tailored experience that resonates on a personal level. This is the essence of hyper-personalization.

    Hyper-Personalization: Making It Personal, at Scale

    If you follow any customer experience (CX) discussions, you’ll notice hyper-personalization appears time and again. It’s a response to an overcrowded marketplace. Everyone is shouting for attention. Customers are tired of broad, one-size-fits-all messages. They want relevant offers, valuable content, and helpful service. They want brands to read between the lines of their behaviors.

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    Contextual Outreach: Some consumers hate spammy emails. Others welcome reminders if they’re about a special discount. By examining consumer behaviors, you can fine-tune your messaging to suit each audience segment.

    Real-Time Adjustments: The best approach is continuous. It's about testing, learning, and recalibrating. That means collecting data from interactions across social media, apps, and in-store. Then, you adjust your offers or tone based on fresh insights.

    McKinsey states that companies that grow faster drive 40% more of their revenue from personalization than their slower-growing counterparts. So in 2025, CX leaders are doubling down on personalization. They know it sparks deeper customer engagement while fostering loyalty. When people see real value, they return again and again. That’s how you turn occasional buyers into long-term advocates.

    Generative AI: From Novelty to Necessity

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    Why is Gen-AI Gaining Momentum?

    Speed and Efficiency: AI-powered systems can process data at lightning speed. They can generate product descriptions, draft personalized messages, and even predict user inquiries before they arise.

    Cost Reduction: In some sectors, employing multiple human agents for repetitive tasks can be costly. AI-driven bots tackle mundane issues 24/7, freeing human talent for more complex tasks.

    Enhanced Creativity: The term “generative” in generative AI speaks to its creative edge. It can craft new designs, marketing angles, or user flows that might not be intuitive to humans. It opens up fresh ideas for brand campaigns or packaging improvements.

    But technology alone isn’t a magic bullet. The real value emerges when brands mix the best of machine efficiency with human empathy. Human agents still matter for nuanced inquiries and emotional connections. AI-driven solutions excel at tasks that require speed, data crunching, and pattern recognition. The synergy of both is what shapes top-notch customer experience trends.

    Customer Service Reimagined: A Blend of AI and the Human Touch

    Remember the days of waiting hours on hold, listening to dull elevator music? Those days are fading. In 2025, AI-powered chatbots resolve issues in seconds. Virtual assistants schedule appointments with ease. Yet, customers still want genuine human support for complex needs.

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    With so many brands vying for the attention of their user base, consumers are flooded with constant notifications from every direction. This information overload often leaves them feeling overwhelmed and disengaged.

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    What is Push Notification Marketing?

    Push notifications are concise messages that are dispatched by a brand to a user’s device screen, whether it is a mobile device like a smartphone or tablet, a wearable such as a smartwatch, or a desktop computer.

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    How to Build a Successful Push Notification Marketing Strategy

    There are five simple marketing team steps to take to ensure that push notification marketing strategy is effective with a brand’s user base:

    Define Goals and Objectives

    Set clear, realistic, and measurable goals that set specific and attainable goals that will steer each push notification campaign to achieve. Whether it’s increasing user engagement, growing the number of app downloads, driving traffic to your website, or boosting user retention with reminders of upcoming events or abandoned cart notifications, marketers must aim to add value to a digital experience.

    Segment Target Audiences

    Once goals and objectives are set, marketing teams should then identify their target audience for their campaigns. After performing user segmentation, where they divide their audience into smaller groups based on factors such as demographics, interests, and behavior, marketers should tailor their messages based on what would resonate most with each segment.

    Determine Frequency and Timing

    When setting a schedule for push messages, marketers should establish a schedule for sending notifications that strikes a balance between maximizing engagement and avoiding notification fatigue. Marketing teams can experiment with different times and frequencies to identify when their audience is most receptive and adjust their strategy accordingly.

    Evaluate Campaign Performance

    Marketers should regularly test different types of push notifications and strategies and analyze the results to adapt their approach. They can use methods such as A/B testing to experiment with various content, frequency, and timing, and conduct data analysis to assess key performance indicators such as open rates, click-through rates, and opt-out rates.

    Integrate with Other Marketing Strategies

    Ensuring that a brand’s push notification campaigns are aligned with its other marketing efforts is key to establishing an effective omnichannel marketing strategy. This cohesive approach allows all channels to amplify the same message, ensuring consistency, and a user-centric experience.

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    Push Notification Optimization Tactics

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    Craft Engaging Content

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    Marketers can also time-sensitive push notifications to communicate content that is relevant to specific timeframes. These notifications can include time deals, reminders for upcoming appointments or deadlines, tracking information and delivery updates, and last-minute offers. By emphasizing the urgency of the information, time-sensitive notifications promote immediate action and heightened awareness.

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    Using a marketing tool that enables brands to design and orchestrate push notifications greatly improves efficiency and convenience for marketing teams.

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    Personalization Features

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    Multi-Device Support

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    Brands that aim to deliver a seamless and cohesive user experience for their customers need a platform that can optimize push notifications for a variety of devices and operating systems.

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    Generating Customer Lifetime Value (CLV), also known as Lifetime Value (LTV), is crucial for measuring the exact revenue a single customer will bring to a business throughout their relationship. It provides businesses with insights into their customers’ worth and helps them in planning and implementing strategies to retain their most valuable customers.

    The Difference Between CLV and LTV

    While Customer Lifetime Value and Lifetime Value are similar, there are slight differences in how businesses focus on their metrics. CLV refers to the revenue a customer generates during their relationship with the business. LTV focuses more broadly on the profitability of customers over time.

    How to Calculate Customer Lifetime Value

    Customer Lifetime Value can be calculated using a simple formula by businesses willing to retain long-term relationships with their customers:

    CLV = Average Purchase Value × Average Purchase Frequency × Average Customer Lifespan

    For example, consider the following numbers for a business:

    Average Purchase Value: $50

    Average Purchase Frequency: 12

    Average Customer Lifespan: 3 years

    Using the formula:

    CLV = $50 × 12 × 3 = $1,800

    This means that, on average, each customer generates $1,800 in revenue throughout their relationship with the business.

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    CLV Data Visualization

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    Understanding and increasing Customer Lifetime Value allows businesses to focus on revenue and customer growth while improving relationship management. Here’s why it’s essential:

    1. Increasing Customer Acquisition

    CLV helps in identifying profitable customer segments, enabling businesses to invest more in acquiring high-value customers while reducing costs on less profitable ones.

    2. Improving Customer Retention Rates

    Calculating CLV can reveal important information regarding customers and their purchasing habits. Businesses can tailor their products and services to their customers’ needs by making informed decisions and developing loyalty programs, thereby improving retention rates.

    3. Reducing Churn

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    4. Better Resource Allocation

    CLV can help businesses understand which customers are the most profitable and deserving of further investments while reducing costs on less profitable customers.

    5. Boosting ROI

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    1. Contextual Customer Segmentation

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    2. Personalization

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    5. Open Communication

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    The most efficient way to strike this balance and prevent overload channel communication is by embracing an optichannel marketing approach that empowers businesses to optimize their marketing channels.

    Too Much, Too Often: Understanding Overload Channel Communication

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    Instead of feeling excited about a product that would normally pique their interest, the customers’ frustration with the recurrent advertising could lead them to abandon the brand altogether.

    Shot of a young businesswoman feeling stressed out in a demanding office environment

    The Main Causes of Channel Overload

    It’s not just the amount of information customers receive, but also its content that causes this overwhelm. Harvard Business Review refers to this as an information burden, and outlines four main reasons why such content creates distress:

    Repetitive: This occurs when a business communicates messages that are similar or identical too frequently. Consumers can find this behavior too persistent or patronizing.

    Inconsistent: The messages relayed to customers are inaccurate or conflicting across different channels. In a digital age where 90% of customers expect consistency across all channels, ensuring uniformity in messaging is vital.

    Irrelevant: The content customers receive is too generic or unrelated to their interests or specific circumstances. Relevant communication is crucial, as 76% of consumers state they feel frustrated when the products or services they receive lack personalization.


    Time-Consuming: This occurs when customers have to spend too much time and effort to read or understand the content being delivered to them. In today’s fast-paced world, consumers are already juggling multiple tasks at once. They don’t want to keep up with a brand’s engagement campaigns to feel burdensome as well.

    In order to avoid creating a marketing campaign that falls into one or more of these four categories, businesses need to adopt a channel prioritization strategy.

    What is Channel Prioritization?

    Channel prioritization is an engagement strategy where a business determines which channels will be more effective in reaching different segments of its audience, otherwise known as optichannel marketing.

    Adopting this strategy prevents overload channel communication, which grants businesses benefits such as:

    Increasing Customer Satisfaction: Customers no longer feel stressed or overwhelmed by the communications they receive, leading to increased customer satisfaction.

    Enhancing Quality Customer Interactions: Utilizing optimized channels embraces quality over quantity, ensuring all customer interactions are meaningful and personalized.

    Boosting Conversion Rates: Targeted audience engagement ensures all communications are engaging and relevant, increasing the likelihood of capturing consumers’ interest and boosting conversion rates.

    Improving Customer Retention: Effective re-engagement channel optimization strategies can reduce churn and help with customer retention.

    Maximizing Return on Investment (ROI): Channel optimization in marketing ensures resources will be spent on campaigns that will be effective, saving precious time and maximizing ROI.

    Key Considerations for Channel Prioritization

    When determining which channels would be most suitable for certain marketing campaigns, there are various key considerations:

    Audience Segmentation: Not every channel resonates with every customer. It’s important for a business to segment its audience based on factors such as demographics, characteristics, usage patterns, and behaviors to determine the channels that would yield the most effective results with each group.

    Time-Sensitivity: For campaigns that are only active for a limited time or require immediate engagement, opting for marketing channels that elicit quicker responses is imperative. Customers engage with some marketing channels, such as push notifications, more frequently and quickly than other channels such as a business’s website.

    Content Intensity: Some marketing campaigns are lengthier or more content-heavy than others. In order to communicate such campaigns effectively, it’s important to determine which channels are better suited for shorter vs. longer content.

    Accessibility: In order for a business’s marketing efforts to resonate with diverse audiences, such efforts need to embrace accessibility. Some important accessibility factors to consider when optimizing channels are internet connectivity, device compatibility, language and localization features, and inclusive design elements such as voiceover or alt text.

    Strategic Optichannel Integration within an Omni Channel Framework

    In comparison to traditional marketing strategies such as multi-channel or cross-channel marketing, an omnichannel marketing platform allows a business to interconnect all its channels to prioritize customer satisfaction.

    Coupled with an optichannel marketing strategy that aims to personalize the customer journey through channel prioritization, businesses can deliver seamless and tailored customer experiences at every touchpoint.

    EVAM: A Leader in Unifying Optichannel & Omnichannel Marketing Strategies

    EVAM’s Marketing Suite is an omnichannel marketing hub operating with an optichannel approach through features such as:

    Smart audience segmentation for contextual marketing efforts

    Customer journey builders for rich, real-time, and hybrid strategies

    Data-driven automation capabilities for consistent messaging across touchpoints

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    Are you ready to discover how Evam can help you excel at channel optimization for more meaningful and relevant customer interactions?

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    August 9, 2024

    Personalized Push Notifications: Crafting Resonant Messages

    In today’s digital landscape, customers are bombarded with an overwhelming amount of information daily, making it challenging for businesses to stand out from competitors.

    A key marketing strategy that businesses have adopted for cutting through the noise and connecting with their customers is personalized marketing. By embracing personalization, businesses can tailor their products and services for their customers based on their behavior and preferences, ensuring an engaging customer experience.

    Among the most effective tools for delivering such personalized experiences is personalized push notifications, which empower marketers to reach their audience with timely and relevant messages that drive user engagement and enhance customer satisfaction.

    What Are Personalized Push Notifications?

    Push notifications are messages sent by a brand to appear on the screen of a user’s device, such as a smartphone, tablet, or computer. These notifications are attention-grabbing and short to the point in their content and pop up even if the user is not actively utilizing the brand’s mobile app or visiting its website.

    Push notification personalization leverages contextual audience segmentation and insights into user behavior, interests, and circumstances to ensure messages are more timely, relevant, and engaging.

    The Benefits of Personalizing Push Notifications

    Unlike generic push notification campaigns that deliver the same message to a brand’s entire user base, personalized push notifications are tailored specifically for individual users. There are several benefits of personalizing push notifications, which include:

    Enhanced Customer Engagement

    Personalized notifications contain offers, promotions, product recommendations, or information that are more aligned with the customer’s interests. This improves the likelihood that the customer will open and interact with the notification, leading to increased click-through rates, open rates, and overall customer engagement.

    Increased Conversion Rates

    By delivering push notifications that are relevant and timely for the customer’s unique circumstances, brands can drive higher conversion rates. For example, brands can send push notifications to customers with abandoned carts, encouraging them to complete their purchases with a rewarding incentive.

    Improved Retention & Customer Loyalty

    Push notifications that contain personalized content can address individuals’ specific needs at just the right moment, leading to improved customer satisfaction. Customers who feel their preferences and interests are understood and valued by a brand are much more likely to remain loyal to it.

    Reduced Churn Rates

    When customers receive personalized messaging during moments that matter to them instead of generic campaigns at irrelevant times, they’re less likely to experience notification fatigue. This lowers the chance of them unsubscribing from the brand’s communications or abandoning it altogether, leading to reduced churn rates.

    Heightened Brand Awareness

    Receiving relevant push notifications consistently creates a more positive impression of the brand in the customer’s mind, increasing overall brand awareness and recall. Through personalized messaging, brands not only reinforce their presence but form a stronger connection with their customers, leading to improved customer lifetime value.

    Adopting a personalized push notification strategy lays the foundation for brands to form meaningful and long-lasting relationships with their customers.

    How to Build a Personalized Push Notification Strategy

    In order for brands to implement a successful personalized push notification strategy, they must follow these 5 steps:

    Segment Audiences

    Dividing users into smaller groups based on factors such as demographics, interests, purchasing habits, and behaviors allows for push notifications to be more specific and precise for each target audience. Gathering insights into which types of campaigns resonate more with each audience segment will help guide future marketing decisions.

    Contextual Targeting

    In addition to crafting unique messages for each audience segment, ensuring notifications are contextually relevant to users’ current circumstances is crucial for better customer interactions. Taking into account a user’s recent activity, their location, or dates that are significant to them presents valuable real-time engagement opportunities.

    Here is an example for each:

    Activity: A user has just completed a transaction. A personalized push notification is sent, thanking the user for their business, and presenting them with a discount for their next purchase.

    Location: Upon detecting a user has arrived at the airport, a rideshare app sends them a personalized push notification welcoming them to the city. The notification includes a special promotional offer for transportation to their hotel.

    Date: As the deadline for a credit card payment approaches, the bank sends the user a push notification reminding them of the due date. The message includes a direct link to make the payment for the user’s convenience.

    Respect User Preferences

    Brands should allow users to customize their notification settings, such as subject matter or frequency, and provide them with the option to opt out or unsubscribe from messages. Doing this decreases the risk of users growing frustrated with receiving irrelevant or too many notifications. Allowing for customization also communicates to the users that their input is valued, therefore increasing customer satisfaction and loyalty.

    Test & Optimize

    It’s important for brands to measure KPIs such as open rates and click-through rates and perform A/B testing to experiment with different targeting strategies. Evaluating the effectiveness of their personalized push notification campaigns through these methods will empower brands to make informed adjustments to their marketing efforts.

    Integrate with Other Marketing Channels

    Lastly, brands should ensure that their personalized push notifications are consistent with the content on their other marketing channels. This ensures no conflicting or outdated information is relayed to customers, paving the way for a cohesive brand experience and a successful omnichannel marketing strategy.

    How Marketing Platforms Can Assist with Personalizing Push Notifications

    A marketing platform that can segment audiences, gather insight into user preferences and behaviors and assess campaign performance can be instrumental in achieving these five steps to implement a successful personalized push notification strategy.

    evamX is an omnichannel marketing platform with contextual audience segmentation, personalization, and real-time interaction capabilities. It empowers brands to gain valuable insights into their target audience’s interests, preferences, and habits, and seize real-time engagement opportunities for every step of the customer journey.

    Brands can leverage personalized push notifications for various purposes, including reminding customers of upcoming events or deadlines, offering promotions to encourage more purchases, and requesting feedback through surveys regarding recent transactions. With EVAM’s AI-powered capabilities, brands can effortlessly design and preview personalized push notification messages for both desktop and mobile devices.

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    July 2, 2024

    Cross-Channel vs. Omnichannel vs. Optichannel Marketing

    In an era shaped by rapid technological progress, customer expectations are constantly evolving. To stay relevant, companies must continuously refine their marketing strategy to meet these ever-changing demands.

    Opti-channel marketing emerges as the optimal channel approach to seamlessly deliver a cohesive and personalized customer experience through the channels customers prefer.

    Let’s compare how opti-channel marketing fares against traditional marketing strategies such as multi-channel and cross-channel marketing, and explore the benefits of adopting an opti-channel strategy for better customer engagement.

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    Opti-Channel vs Multi-Channel Marketing

    Multi-channel marketing is a strategy where a business provides multiple channels for its customers to interact with, such as a website, social media, push notifications, and email newsletters. This is an efficient business practice as it offers customers diverse options rather than confining them to a single channel.

    However, these marketing channels are functioning independently from one another. With no system in place to coordinate a consistent shopping experience across all channels, customer interactions are siloed, and there is potential for conflicting messages being communicated on different platforms.

    Opti-Channel vs Cross-Channel Marketing

    Cross-channel marketing connects all physical and digital marketing channels, ensuring the brand experience remains consistent across all platforms.

    While addressing the problems that arise in multichannel marketing due to siloed interactions, this channel strategy still needs to improve in maximizing opportunities for personalization during the customer journey.

    Opti-Channel vs Omni-Channel Marketing

    Omnichannel marketing interconnects all channels to provide customers with a seamless experience across all touchpoints. This approach focuses on improving customer engagement by ensuring all channels are cooperating to present customers with consistent, relevant, and personalized offers.

    Offering multiple engagement options is crucial for businesses that want to stay current, as 73% of consumers prefer using multiple channels when interacting with a brand. However, there is also a concept known as “channel overload,” where customers feel overwhelmed by the number of choices they’re presented with.

    How to Prevent Overload Channel Communication

    Imagine a customer receiving an SMS about a marketing campaign, followed by an email newsletter, a push notification from the brand’s mobile app, and finally, a promotional social media post on their feed.

    This could get quite repetitive, causing the customer to feel bombarded by receiving information from all directions. Instead of getting excited about a campaign that’s relevant to their interests, their exhaustion can result in them disengaging from the brand altogether.

    Because of this phenomenon, it’s important for businesses to identify the preferred marketing channels each segment of their audience favors, and communicate with them through those.

    Adopting an opti-channel approach empowers businesses to achieve just that.

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    What Does an Opti-Channel Approach Entail?

    The process for adopting an opti-channel approach could be summarized in three steps: customer segmentation, optimized channels, and tracking performance.

    Customer Segmentation

    A business must segment its audience into smaller groups based on collected information such as demographics, characteristics, interests, and behavior to ensure the communication they receive is relevant to their circumstances.

    Optimized Channels

    The next step for a business is to figure out which marketing channels resonate the most with each segment and optimize communication efforts for those channels by building an opti-channel customer journey.

    For example, an SMS message with time-sensitive offers would not be the optimal channel to engage with a customer who loves traveling and frequently has their phone on airplane mode when they’re visiting a different country. An email newsletter containing a one-time offer that could be used whenever the customer desires would be much more effective.

    Tracking Performance

    Lastly, a business must continuously track how its marketing channels are performing based on key performance indicators such as return on investment (ROI) and conversion rates, assess channels for any fixes or improvements, and adjust marketing strategies accordingly.

    An omnichannel marketing platform combined with an opti-channel approach is the most effective solution for achieving these steps and improving customer satisfaction.

    The Merging of Optichannel and Omnichannel Marketing

    Rather than pitting opti-channel marketing vs omnichannel marketing against each other, it’s much more efficient for a business to build upon its existing omnichannel structure by integrating opti-channel strategies into its marketing approach.

    This integration allows for a business to leverage the strengths of both omnichannel and opti-channel marketing, and provide their customers with personalized and optimized offers.

    In addition to enhanced customer interactions and an improved customer experience, embracing this combined strategy also allows for better resource allocation for each channel campaign.

    EVAM: An Omnichannel Marketing Hub Integrated with Optichannel Strategies

    EVAM’s omnichannel marketing platform, EVAM Marketing Suite, can integrate opti-channel marketing strategies through:

    Performing contextual audience segmentation to optimize channels

    Mapping out customer journeys that enable personalization and real-time engagement

    Tracking link performance for every channel and making improvements accordingly

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    Ready to discover how EVAM can help you unlock the potential of opti-channel and omnichannel marketing’s combined strengths?

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