Reading Adobe’s Digital Marketing Blog (Part 2)

Avoid “anticipointment”: bridging the gap from ad to site

  • Ads and web site work together – don’t just invest a ton in one medium
  • Marketeers fall easy into the ad trap because it’s easier than creating an usable, engaging web site
  • People expect that the click from the ad will be of even more value than the ad
  • Online Marketing Value Chain: Basically Customer Lifetime Cycle
    1. Click ad, engage deeper in the landing page
    2. Make their way through conversion opportunity
    3. Become loyal customer
  • Most of these steps will be on the web site!

Creating a Successful Lead Nurturing Strategy, Part III: When Should I Call?

  1. Call within 5 minutes of the initial contact
  2. Call early at morning or late in the afternoon
  3. Call on Wednesday or Thursday – I personally tried this against Monday and Friday and it was highly effective
  4. Call them up to four times and send one email in the first 24h
  5. Test these tactics

Creating a Successful Lead Nurturing Strategy, Part IV: Your Long-Term Strategy

  • The main is not to sell but to maintain a relevant conversation
  • Offer relevant and personalized content – recent study showed that most content simply sucks, so watch out
    • Email – automated, personalized and relevant; reports, tips, guides, best practices
    • Phone – Follow up; provide deeper information, answer questions
    • Direct mail – reinforce what you’ve talked about; again personalized and relevant
  • This process should be repeated maybe once a month

Optimization Is Greater Than the Sum of Its Parts

  • Testing & Targeting are greater than just once
  • however often they are siloed
  • Start with testing and segment the results
  • This helps you to find better content for targeting

Building a Business Case for Optimization

  • Biggest problems are processes and politics
  • They hadn’t ownership over the site
    • Testing generates positive ROI!
    • Optimizing landing pages increases off-site ROAS (Return On Ad-Spending)
    • Test to fail faster – some of your assumptions are probably wrong
    • Dig into analytics, segment and provide insights

The Collaboration of Testing Ideas

  • Include other people and departments in your testing
  • Often people in development, IT, creative, etc. have ideas – just ask them
  • Test Ideas:
    • Test different landing pages: home page, product page, internal search, etc.
    • Reinforce ad text/graphics on the landing page/multipage setup
    • Test ads
    • Test incentives for submitting to your email database
    • Test emails
    • Build a story with the ad and following pages
    • Test different viral/referral elements: coupons, vouchers, …
    • Test different forms
    • Test % Off vs. $ off
    • Test your CTA copy, size, color, style
    • Test scarcity on offers
    • Test different copy approaches: informative, funny, benefits oriented, etc. and analyze segment behavior
    • Test signs of trust: security message, shipping info, return policy, etc.
    • Test geographical targeting
    • Test simple content vs. rich media
    • Test content vs. no content
    • Test free shipping vs. % off vs. $ off vs. guarantee vs. …
    • Test promotion tresholds: 10% on $50 vs. 15% on $100
    • Test different internal search results – hand picked, automated, editor picks, big brands, cheapest first, best selling first, highest rating first, etc. and segment(!)
  • Strategies
    • Understand your goal – what are you’re trying to improve?
    • Start with the bottom in your funnel – it’s easier to get more impact
    • Try to understand why alternatives work better
    • Try to improve one theme at a time, e.g. decrease registration drop off, copy style, etc.
    • Focus on big things: product shown, pricing, primary copy, images, offer, CTAs

Five Times to Test: 1 — When you need to optimize beyond the click

  • Data without analysis and communication is not very useful
  • Even then without taking action, it’s practically useless
  • Often lots of money is invested in driving traffic but less in converting the traffic
  • Example: large business $100MM PPC budget, less than $200k for optimizing landing page/website
  • Mark Typer, Wunderman: 15% Optimization, 85% Ad spending

Five Times to Test: 2 — To resolve internal disputes

  • Do you have a dispute? Just test the idea
  • Similar things can work different on different websites, e.g. CTA wording

Reading Adobe’s Digital Marketing Blog (Part 1)

Another reading session. This time it’s the Adobe Digital Marketing Blog. One of the first posts are from the omniture blog which is now that blog.

Getting your daily dose of dashboards?

  • “feel good reporting” = long reports nobody reads
  • Instead of reading 50 pages, provide fast 30 seconds overviews
  • Daily monitoring helps you to fix problems fast

Industry benchmarks: everything you need to know

  • Problem with benchmarks: things are measured differently
  • Metrics vary between days, geography, etc.

More on conversion benchmarks…

  • How should I act based on trends in benchmarks?
  • E.g. conversion rate down – what does this mean?
  • CTR for emails up – which mails, which basis?

Got Alerts? Don’t let this happen to you!

  • Wanted to buy a new graphics card
  • While checkout a message said “your shopping cart is empty”
  • Check but couldn’t add anything to the shopping cart
    • Activate alerts for your most critical metrics!

The Dark Side of A/B Testing: Don’t Make These Two Mistakes!

  • Example: New home page with special offers and cleaner design
  • 90/10 split test, i.e. 10% to new design
  • KPIs: home page conversion rate and revenue per home page visit
  • both increased
    • Problem: Which helped increasing the KPIs – Clearer design or special offers?
  • Solution: Don’t change more than one element on a page – it helps you understand your customer’s behavior
  • Alternatively: use MVT
  • Example: tested new thing but CV lowered dramatically
  • Look at your customers – are the new or old?
  • Especially old, frequent customers can be unreceptive to changes
  • Solution: Segment your customers, better on RFM metrics

How to Spend Fewer Dollars, Smarter and Faster, during Tight Times

  • Search: real-time, easy measurable
  • Email marketing: fast, easy measurable
  • Online video: expensive but measurable

The Challenges and Value of Digital Marketing Integration

  • Customers are
    • Better Connected – more information, can easy switch channels
    • Bombarded – tons of information
    • Empowered – can publish reviews, write on their blog, etc.
    • Savvy – higher expectation for relevant and personalized experience
  • Harder to track customers on different platforms but possible

User-generated Content and Word of Mouth Marketing

  • Conventional marketing
    • Intercept – target and expose your message
    • Inhibit – make it difficult to compare your product to other
    • Isolate – remove all third parties
  • Digital marketing
    • Attract – create incentives for people to seek you out
    • Assist – be helpful and engage with people
    • Affiliate – mobilize third parties to become more helpful
    • Analyze – find out what’s working and where you can improve
  • Not only conversions matter, they rest of the people do too!

Reaching the Individual: Site Surfers Becoming People

  • Each visitor is unique
  • Provide relevant content if possible
  • Understand the behavior of visitors – how can you improve their experience?
  • Personalize as much as possible

Don’t Do This! 7 Pitfalls When Deploying Analytics (Part I)

  1. Neglecting key stakeholders – websites touch all facets of an organization!
  2. Focusing on tactical requirements – what are your strategic business requirements?
  3. Believing data equals requirements – don’t ask for KPIs ask for strategic goals
  4. Having too many KPIs – select these KPIs that are strongly tied with your goal

Don’t Do This! 7 Pitfalls When Deploying Analytics (Part II)

  • Get too much into detail – don’t neglect the global picture
  • Mul­ti­ple ver­sions of the truth – there are differences between measurements in tools. Get over it and start looking at trends!
  • Isolate yourself – Start teaching how to use analytics and bring power users into your circle for more innovation
  • Ana­lyt­ics suc­cess is all about build­ing a base­line for per­for­mance (your KPI trend), and try­ing new things to improve on this base­line. That’s it!

How to Make Testing Successful

  • Do it right the first time, so you have accurate data
  • Start testing the important stuff and act on your findings
  • Start with politically easy things first
  • Be excited about testing and evangelize

Answers to Practical Questions about Targeting

  • Test site elements, content bits, CTA, etc.
  • Targeting helps to feel your customer at the right place
  • You can practically target everything
  • First-time visitor can be targeted by referrer, keyword, time of day, day of week, geography, browser, OS, etc.

Do You Have an Automated Response and Lead Nurturing Program in Place?

  • Strategy for lead nurturing / drip marketing
    1. Send email from your real sales staff with phone number
    2. Send relevant content for your prospect – e.g. shopping cart abandonment -> send email with reminder; different emails for different industries in a B2B setting
    3. The timing should be right – first contacts to leads should be within five minutes(!); try emails for longer periods
    4. Follow up quickly and then back off slowing – don’t spam your prospect
    5. Automate everything

The Art and Zen of Testing for Success

  • Don’t just take lift as a goal
  • Start witch question: e.g. should be button be blue or red? Is the navigation on the left or right more effective?
  • Try to answer ‘why’
  • Advantage: It isn’t about the goal anymore, it’s about insights

#39/111: Think Outside the Inbox

What is it about?

David Cummings and Adam Blitzer explain how to automate your sales process and how marketing automation can save you time and increase your customer count.

Key points?

Segment your customers: It’s nothing new to segment your customers into age, location or job occupation. But you could also segment your customers into their willingness to buy. They propose to add scores for each customer on which they get treated differently. For example, you could give someone +10 points, if he enters his email address or +25 if he downloads the trial. This allows you to tailor individual action to each willingness segment.

Join your customer informations: Most companies got a CRM, website analytics, bid on Adwords and maybe work with salesforce.com. It’s important to collect all data and make it more useful. If you connect your CRM and website analytics, you can ask people why they don’t use your website anymore or offer upgrades for power users. But beware, it shouldn’t be too creepy.

Drip marketing: In Referral Engine I presented this concept at first. It’s about staying in touch with your customers and prospects. You can send them useful information, offer specials or invite them to webinars. It becomes especially powerful if you use it with customer segmentation. You could take people with low willingness scores into a nurture program where you offer them useful information and slowly build a relationship.

Conclusion

There are some really cool ideas which only a few companies use today. I think these tools are extremely powerful and you should really consider starting to employ them. Think Outside the Inbox is not really a how to guide but maybe there is one. If you know one, please comment on this post. Thanks!