Below is a case study of Mt. Merchant’s work with Craftsman. You can also download a full packet of Mt. Merchant case studies here.
Craftsman is a brand of hand and power tools and lawn and garden equipment sold from within large retail chains, small hardware stores, and specialty military and racing stores.
Craftsman brought the Mt. Merchant team in with a general call to action: Help us increase revenue and profit lift.
Mt. Merchant clients come in all varieties, with very specific projects (email marketing or carousel enhancements, for example) or with general overarching business needs (increased sales and profits) in mind. In Craftman’s case, Mt. Merchant was given creative license to implement whatever methods we recommended for boosted revenue and profit.
Mt. Merchant implemented a suite of solutions, but one we’d like to point out for this client is the “Frequently Bought Together Check Out” solution, or FBT Check Out, for short. For a minute, imagine the checkout experience at a brick-and-mortar store. You stand in an aisle, surrounded by candy, lip balms, mints, batteries, and other last-minute purchase items. You read a magazine, maybe stare down a candy bar and weigh the waistline-to-satisfaction ratio you could have if you dropped that chocolatey salvation in your cart.
Online, that experience doesn’t exist for most e-commerce sites. We can create it, though. We brought those last-minute checkout-lane purchases to the online checkout experience for Craftsman. Whether it be the usual suspects — batteries to go with a flashlight — or larger items, such as a premium saw blade to go with a miter saw, Mt. Merchant FBT Check Out recommendations are on point.
This Craftsman campaign shows us that even small, last-minute purchases can make an impact on revenue, and that when we work with high margin items, even greater returns are possible.
- 1-2% revenue lift
- 30% profit lift boosted by high margin items
Header image courtesy of Craftsman