Mint Health has been driven by nutritional food products since 2019, and has successfully transformed from providing daily health management tools to focusing on healthy consumer products. It now has 200 consumer product SKUs and has developed a series of foods such as functional foods, healthy snacks, healthy fast food, and children's nutritious meals; as of May 2021, monthly sales have exceeded 100 million yuan, of which self-operated APP and mini-program malls contributed 50% of the turnover I joined in 2019 and just experienced this period of transformation. I participated in the construction of a private enterprise microblog from 0 to 1 and experienced a 100% revenue growth rate. I deeply reviewed the user operation strategy at that time in order to have a deeper understanding of the business. The replay is as follows: 1. Target confirmationImprove the conversion rate and purchase frequency of existing users, increase GMV (performance), and improve operational efficiency. 2. Indicator formulation1. Outcome indicatorsGMV (performance) = total traffic * conversion rate * average order value * repurchase rate Here is the total traffic (the original user base ✖️0.25% abandonment rate) + the new traffic in the month 2. Important process indicatorsWe mainly promote full-service meal categories with high average order value, and the performance of single products accounts for 90% of the total performance. (Mint 21-day full meal is the highest-priced item, priced at ¥1210) (1) Improve the conversion rate funnel
(High operational efficiency, the frequency and volume of reach determine the user activation rate), stratifying users and reaching them strategically can increase the average order value and repurchase rate) (2) Repurchase rate Monthly repurchase rate, the proportion of users who have purchased full meals ≥ 2 times to the total number of users who have purchased full meals Repurchase rate = number of paying users / number of customers who purchase full meals ≥ 2 times. (3) Average order value The impact on average customer spending is related to the category purchased. Calculate the proportion of high-order full meals The ratio of paying users who purchase full meals = the number of paying users / the number of users who purchase full meals 3. Sorting out business transformation paths1. LTV based on the user’s life cycle (general direction)Pull users from e-commerce traffic, APP traffic, and public domain traffic into private domain enterprise WeChat. The corporate WeChat account’s persona is that of a nutritionist and expert consultant, allowing users to feel valued and being user-centric, so it’s not just a one-time conversion, but can be reached repeatedly to increase purchase frequency, raise average order value, and try to retain users. Avoiding loss is the core. 2. Product form sold (increase frequency ↑ customer unit price ↑)Mainly functional products, divided into two categories:
The core is still to attract users with low conversion rates and high average order values to maintain operations and contribute value. 3. The core of conversion rate depends on activation rateActivation rate = effective reach rate ✖️Activation conversion rate Effective reach rate, influencing factors include: (first-time response rate, invitation rate) The impact paths of reaching conversion rate are: (activation rate → intention cultivation rate → exposure rate → conversion rate) Improvement strategy: 4. User portraitPeople with the following attributes and behaviors are likely to have a high purchase rate (for high-priced products). Dimensions of customer labeling:
5. User stratification (sales conversion strategy)1. Sales steps
2. User stratificationFor existing users, screen out potential users who can be converted quickly, and keep the remaining low-value users in a passive response state to see if they can be upgraded to the user pool of valuable customers. Reach out by priority: 6. Review and Iteration1. Improve operational efficiency and adjust reach strategies(1) Increase the frequency and volume of daily outreach (workload management) Maintain a daily reach of 1,000 people (including mass messaging) (20,000 existing users), and complete the reach once in a 20-day cycle. (2) Do a good job of tag management and implement cycle management by user stratification Divided according to ABC, with reference to dimensions (BMI, age group, product intention, consumption time, consumption frequency, and consumption amount). (3) Adjust work schedule and change outreach strategy At 10 a.m., revisit Class A high-potential customers from the previous day, and at 3 p.m., revisit Class B potential customers, focusing on private stamping. Send mass messages at 7pm to reach Class C low-intent customers. Take out a whole period of time to focus on breaking through, upgrading and killing monsters. (4) Change the action of guiding people to join the group into a mandatory task Focus on collective operations, increase the frequency of reach and product exposure, improve operational efficiency, and make breakthroughs through private chats with key customers. 2. Create a persona and provide content output servicesTopic screening, finding common topics in weight loss, and then sharing successful weight loss cases) to shorten the distance. The text method in the group is easy to be sedimented and the effect is not good. You can open a group live broadcast, video account, etc. to create a personal IP and output popular science content. 3. Start by increasing the frequency and the average order value
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