looking at ppc through a marketing automation lens - by amy bishop
TRANSCRIPT
#SMX #13B @hoffman8
Add Your Presentation Subtitle Here
Looking at PPC Through a Marketing
Automation Lens
#SMX #13B @hoffman8
Seamlesslysupportthebuyingcyclebyaligningyourfunnelbaseduponhistoricalperformancedata.
Why Marketing Automation?
#SMX #13B @hoffman8
• Leadscoring• FeedbackLoops&Workflows• SpendingMoney(&Time)MoreEffectively
Principles of Marketing Automation
#SMX #13B @hoffman8
You Can Use This Space for A Subtitle
Applying Marketing Automation Principles to PPC
#SMX #13B @hoffman8
Lead Scoring:
1. Attachvaluetocertainbehaviors
2. Determinethenextmarketingaction
#SMX #13B @hoffman8
The Benefits of Leadscoring
1. Identifyhigh&lowvalueconsumers2. Determinethemostimpactfulpaths3. Planmediatosupportpaths4. TestAssumptions5. Refine&StandardizeExperience6. DetermineBiddingLevels7. DetermineWhichPathstoCircumvent
#SMX #13B @hoffman8
Leadscoring Criteria Generally Comes in 3 Forms:
ImplicitCriteriaDerivedbyAnalysisofData
ExplicitCriteriaProvidedBytheConsumer
NegativeCriteriaRedFlags
#SMX #13B @hoffman8
Establish Your Criteria
• HowWillYouDistinguishOneVisitorFromAnother?• WhatMakesaVisitorMoreOrLessValuable?• WhatOn-SiteActionsShowIntent?• HowCanYouUseSourceInformationToUnderstandIntent?
#SMX #13B @hoffman8
Potential Implicit Criteria
MadeaPurchaseOrAbandonedtheCart
DownloadedInformation
ViewedSpecificContent
SignedUpForEmailNewsletter
TimeOnSiteDownloadedaCouponWatchedaVideoFavoritedorSavedaProduct
#SMX #13B @hoffman8
Layer Actions & Behaviors To Create Higher Value Systems
AbandonedtheCart TimeOnSite
#SMX #13B @hoffman8
In the PPC realm, it’s less about coming up with a point-value and more about the process of creating a scale.
#SMX #13B @hoffman8
Ideally, we want to start building a funnel progression.
Spends30sOnSite
WatchesVideo+DownloadsCoupon
MakesPurchase
#SMX #13B @hoffman8
Flow Reports In Google Analytics
• BehaviorFlow• EventFlow• GoalFlow&FunnelVisualization
#SMX #13B @hoffman8
Organize Your Event Tracking
• CreateanOrganizedStructure• EasilyIdentifiableNomenclature• CreateEventsForEverythingImportant• Don’tCreateEventsforUnimportantActions
#SMX #13B @hoffman8
Event Flow In Google Analytics
• PathsCanBeMessy&Redundant• OftenAren’tIdeal• TrackSessions,NotUsers
#SMX #13B @hoffman8
1. Createtheleadscoringcriteriaasaudiences
2. Addthemtocampaignsasbidonly–withoutamodifier
Identifying Ideal Paths
#SMX #13B @hoffman8
Thiswillhelptocreateahierarchyofvalues,your“scores”,whichwillhelpyoutobetterunderstand
whichon-siteactionstrulyshowintent.
#SMX #13B @hoffman8
Which Action Is Most Likely To Result In a Purchase In a Return Visit?
Audience Clicks ConversionsCostPerConversion ConversionRate
WatchedaVideo 2126 266 $18.47 12.5%
AbandonedCart 3481 637 $13.61 18.3%
DownloadedaCoupon 2547 374 $16.82 14.7%
HighSessionDuration 2987 484 $15.24 16.2%
#SMX #13B @hoffman8
Which Action Is Most Likely To Result In a Purchase In a Return Visit?
Audience Clicks ConversionsCostPerConversion ConversionRate
WatchedaVideo 2126 266 $18.47 12.5%
AbandonedCart 3481 637 $13.61 18.3%
DownloadedCoupon 2547 374 $16.82 14.7%
HighSessionDuration 2987 484 $15.24 16.2%
#SMX #13B @hoffman8
If Multiple Actions Are Taken, Does it Increase Likelihood?
Audience Clicks ConversionsCostPerConversion ConversionRate
AbandonedCart 3874 666 $11.15 17.2%
Video+AbandonedCart
3256 466 $11.75 14.3%
Coupon+AbandonedCart
2845 604 $8.79 21.2%
SessionDuration+AbandonedCart 2796 336 $10.24 12.0%
#SMX #13B @hoffman8
If Multiple Actions Are Taken, Does it Increase Likelihood?
Audience Clicks ConversionsCostPerConversion ConversionRate
AbandonedCart 3874 666 $11.15 17.2%
Video+AbandonedCart
3256 466 $11.75 14.3%
Coupon+AbandonedCart
2845 604 $8.79 21.2%
SessionDuration+AbandonedCart 2796 336 $10.24 12.0%
Thisinformationhelpsustoidentifyourone-twopunches.
#SMX #13B @hoffman8
• Cross-Selling• NurturingLeads&ExistingConsumers• GuidingConsumerstoTheSale
Workflows
#SMX #13B @hoffman8
Reviewyourconversionpathstounderstandhowvisitorsinteractwithvariouschannels
Conversion Paths By Channel
#SMX #13B @hoffman8
Begin to Organize Your Paths
LeadscoringEfforts
Context&Goals
• On-SiteActions• EngagementMetrics
• Sources
• ContentCategories• ItemsPurchased
• PreviousLPExperiences
#SMX #13B @hoffman8
Useyouraudiencestolineupactionsalreadytakenwiththenextactionmostlikelytoresultinagoal.Usecontexttodetermine,specifically,whichcontenttodelivertoconnectthedots.
Create Your Paths
#SMX #13B @hoffman8
Visitorsthatwatchedavideo&downloadedacouponare50%morelikelytopurchasethanthosewhohaven’t.
Example Ecom Workflow
10%
#SMX #13B @hoffman8
Deliver Ads With Intent & Context
Do:UsePreviousStepsIntheWorkflowToInformAdContent
Don’t:UseCTAsForActionsAlreadyTaken
#SMX #13B @hoffman8
Customize Ad & LP Content to Audiences
Visit Site Engage With Content Align Ads & LPs
#SMX #13B @hoffman8
Customize Ad & LP Content to Audiences
Visit Site Engage With Content Align Ads & LPs
75%CPADecrease
#SMX #13B @hoffman8
Optimize Your Budget ClientBrief: ClientBudget:
http://blog.gaborit-d.com/13-images-client-brief-vs-client-budget/
#SMX #13B @hoffman8
Focusing Budgets
1. Separate Campaigns For: • New New/Prospecting • Funnel Progression
2. Determine Budget Allocation for Each, Based Upon Goals 3. Focus Funnel Progression On Only The Top Performing Data Sets
With The Highest Likelihood of Conversion Based Upon Your Work Flows (and the leadscoring that went into creating them)
#SMX #13B @hoffman8
…butonceyourinfrastructureissetup,youcanreaptheefficienciesofaseamlessfunnelexperience.
#SMX #13B @hoffman8
• DetermineYourCriteria• Test&RankAudiencePerformanceBasedUponCriteria• BuildWorkflows• AlignAd&LandingPageContent• AttributeValue,IndividuallyandHolistically• ShiftBudgetstoCreatetheMostProfitableOutcome
Action Items: