internet marketing overview: part 1 of 12
TRANSCRIPT
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Internet MarketingPart 1 of 12
George A. Rubsam@GARubsam
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Technical Terms• Computers connect: URL > IP address > cookies > server • URL (Uniform Resource Locator)/Domain name =
shirts.com• IP address (Internet Protocol) = Network address• Server = holds website files• Cookie = short code that provides details about the device
visiting a website (ex: gmail login).- Identifies the requesting computer to the server with across every interaction
(e.g., click).- Browser and website specific.
• Web browser = reads the files and translates it to images.
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Amazon without Cookies
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Amazon with Cookies
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Website Objectives
• Earn money through online sales E-commerce.
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Website Objectives
• Ad revenue
• Commission revenue (e.g., blog)
• Subscription revenue
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Website Objectives
• Provide information + generate awareness to
support offline sales
• Support a cause
• Provide customer support
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Website Analysis
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Website Analysis• Your friend starts a website, shirts.com and it’s
not very successful. • Let’s start to define the situation.• What questions would you ask?• Think as if this was a retail store.
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Website Analysis• First question is always:
What are you trying to accomplish?• How much traffic did the website have last
month?• How did they hear about you?• How many shirts did you sell?• Anyone sign up for sale emails?• How much revenue did you gross/net?
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Website Analysis• The best to worst performing audience segments, traffic sources/ad placements and
creative … relative to KPIs• Traffic
- Direct (URL)- Unpaid referral (VeritasStrategy.com links)- Paid referral (NYTimes.com)- Unpaid search traffic (Google Search - Organic results)- Paid search traffic (Google AdWords)
• Conversion- Purchase- Lead- Engagement- Account creation- Click-through
• Revenue (per conversion)
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Conversions
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Website Analysis: Direct Traffic
• Recognizable brand• Easy-to-remember
URL• Mobile app
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Paid Referral Traffic
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Paid Referral Traffic• Banner ads• Text ads• Video ads• Affiliates
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Unpaid Referral Traffic• Facebook
- Amazon >24,000,000 likes!• Email• Backlinks
- Home page- Product pages
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Unpaid Referral Traffic• Email is generally most cost-effective online
marketing channel (i.e. highest ROI).• Social media activity targets established
customers/fans.• Backlinks: placed by brand + search engine
- Reddit, PR + infographics / interesting content required
- SEO efforts
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Search Traffic• Paid vs.
unpaid / organic
• Why does Amazon pay to be the top ad of a product they sell?
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Search Traffic• Amazon
does not have a paid ad (maybe because movie margins are low)
• Amazon’s SEO is well done as it’s the second organic link.
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Search Traffic• Amazon
does less well in clothing category.
• No ads and lower organic rank.
• Industry is competitive and not a core product line for Amazon.
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Search Traffic• SEO: Unpaid search traffic comes by being well-ranked on
commonly searched terms.- On-site: relevant keywords and content.- Off-site: Top shirt websites cover shirts.com’s style and includes
links.• Paid search enables targeted ads.• SEM: Expense of paid search varies by keyword.
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Conversion – Amazon
• Ranked products based on popular styles.
• Read cookie data?
• Helps users find desired product = greater conversions.
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Conversion• Superior search function
helps customers find products quickly.
- Superior to other retail websites
- Tailored to user (shopping history)
- Refined by millions of searches
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Conversion• Information
layout is key to conversion on any site.
- Provides thorough sense of product with multiple pictures.
- Answers most potential questions at top of page.
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Conversion• Easy-to-navigate purchase process is
essential for conversion.- Prominent “Add to Cart” button
- 1-Click® shopping prevents consumers from changing their mind
• Secondary conversion: Add to Wish List
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Conversion• Additional
information on product gives customers peace of mind.
• Customer reviews are very convincing for most internet shoppers.
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Conversion• Technical product information uses same format in all
categories.- Easy to find, even with lots of information- Additional peace of mind
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Conversion• Second step of
conversion process (following “Add to Cart” click)
• “Proceed to Checkout” prominent
• Related products displayed to maximize transaction value
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Conversion• Stored information saves steps (no additional steps for
shipping or credit cart information).• Fewer steps = higher conversion rate
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Conversion• Most important product information at top (“above the
fold”).• Prominent “Add to Cart” button.• Easy-to-navigate checkout procedure.• User profile enables stored shipping and credit card
information (and email messages).• Conversion is higher with fewer steps in the transaction
process.
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Revenue• Millions of transactions
enable Amazon to make good product recommendations.
• Add-on products are huge source of profit.
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Revenue
• Generally, highly-rated products tend to be more expensive, so providing reviews can increase revenue of each transaction.
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Revenue• Creating a customer is expensive - increasing a
customer’s spending is much easier.- Add-on product recommendations- Upgrades- Product reviews
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QuestionsPart 2 of 12 is up next.