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Bulletproof is more than a coffee and supplements brand. It’s a phenomenon.
Founder and renowned biohacker Dave Asprey started the company in 2004 after discovering yak butter tea during an energy-draining trek in Tibet. Bulletproof coffee quickly became a sensation -- and that sensation expanded into a supplement products company.
The company reimagines nutrition with a variety of high-performance food, drinks, and supplements. It’s a pioneer when it comes to marketing too.
In this case study, we’ll give you an inside look at Bulletproof’s retention strategy.
Customer acquisition costs are high in the supplements category.
Because of this, most supplement brands don’t make any money on a customer’s initial purchase. They suffer from what we call the One-Time Buyer Problem.
Profits come from repeat customers. From customers where one is not paying up to acquire a customer again.
Creating repeat customers is therefore a goal of most supplement companies. At least the ones that aim to ink profits. It requires building long-term relationships with new customers. For Bulletproof, it means creating daily regimens around its products.
So, after acquiring a new customer, Bulletproof’s #1 goal is to convert that buyer into a repeat buyer.
Its #2 goal is to keep that customer repeating.
Simple, right?
But how does one keep a customer repeating? The easiest way in online retail requires two steps:
“Re-engagement Campaigns” are marketing campaigns that accomplish this. They typically are triggered when a customer has stopped buying. And they create an incentive for that customer to come back into the fold and re-engage, or buy again.
Bulletproof has created a series of re-engagement campaigns that work as follows:
It’s simple. Bulletproof can afford to extend these discounts, as each offer is targeted specifically at an individual customer (not at the entire internet) and only at those who are no longer buying.
In short: Bulletproof is not giving away discount dollars where it doesn’t have to.
How does Bulletproof deliver these campaigns? Two ways:
Why not just deliver the re-engagement campaigns via email only? Email is cheap to send, after all.
The issue with email is three-fold:
Studies show that receiving personalized direct mail from a brand feels more like a gift, and that it’s far better for recall and engagement than digital messaging. This is exactly the type of connection Bulletproof is trying to make with its customers.
Because of these reasons, the data suggest that duplicating the same offers across channels like email and direct mail increases the deliverability, engagement, and ultimately ROI. Bulletproof therefore duplicates all email campaigns and logic with direct mail.
The Bulletproof team had success with direct mail campaigns in the past. However, other service providers required complex integration, setup, design, and maintenance. Bulletproof turned to PostPilot to drastically improve their internal workflow and access better segmentation and automation capabilities.
PostPilot plugs into your ecommerce store. It allows you to set customer segmentation rules and triggers postcards to these segments.
The PostPilot app also allowed Bulletproof to create and test new campaigns quickly without burdening an internal design team.
Here is Bulletproof’s direct mail postcard design:
And here’s a snapshot of Bulletproof’s results: the company’s campaigns are consistently generating a staggering 1000% ROI, with some over 4000%.
And check out that conversion rate—any Facebook ad buyer would be doing caffeine-enabled back-flips to get a conversion rate in that ballpark.
That’s a boost any supplement brand would be glad to get.
Bulletproof’s campaigns are consistently generating a staggering 800% ROI, with some campaigns over 1000%.
Join thousands of ecommerce brands using PostPilot to acquire more customers & keep them coming back again (and again).
No contracts. No minimums.