performance marketing webinar
TRANSCRIPT
Laura Moisei
“I’m the Marketing & PR Manager of 123ContactForm, here to show you how to use the power of data for your business success.”
Key Performance Indicators - what and how to measure
Laura Moisei
→ Marketing & PR Manager of 123ContactForm, world’s top user-friendly web form and survey builder
→ in a complicated relationship with work
→ occasionally a public speaker
- Web form and survey builder, interaction and data management tool - On the market since 2008 - Cloud-based, hosted by Amazon Web Services - Partners of Unbounce, Salesforce.com, ExactTarget, HootSuite and NationBuilder- Natively integrated with 40+ business apps, payment gateways and CMS- Trusted by 600K+ businesses worldwide
Valentin Radu
→ Dad of 2, husband for 1 ;)
→ Entrepreneur since 2001, first exit in 2004
→ Co-founder of rca-ieftin.ro (leader in online insurance in .ro)
→ founder and CEO at Marketizator (the first integrated CRO platform in
Romania)
- The first integrated CRO platform- A/B testing, personalization and surveys under the same roof- 29 types of segments in our own engine - Amazon Web Services technology - Dedicated presence in 5 countries (Germany, Poland, Austria, Serbia, Bulgary, Turkey,
Romania)- >2000 websites test with Marketizator
Alert: low conversion rate on your website
Easy culprit: website design
Real trouble: sales funnel missing
Casualties: 5/5
1. Top of the funnel
Prospects are not yet aware your solution exists
→ you have low traffic on your website
→ build brand awareness
→ search engine referrals, social media, viral campaigns, word of mouth
2. Middle of the funnel
Prospects know about your existence, but are not aware you can help
→ your average bounce rate is above 50%
→ educate the audience about your solutions, help people identify their problem and give an answer to it
→ optimize your Features / Products page, create a series of on-
page interactions. Best and simplest of all are pop-up surveys.
3. Bottom of the funnel
Prospects are aware, but haven’t yet converted because they still don’t trust you
→ your conversion rate goes below 1%
→ earn your prospects’ trust
→ showcase success stories, shorten the path to conversion by
strategically placing lead gen forms on your landing pages
Sales funnel can be like this:
Searches for a specific keyword → Visits company website → Reads a generic blog post about your solutions → Downloads a whitepaper → Goes to the Features/Services page, where a survey asks him about his problem → Sees a personalized ad on Facebook that reminds of your service → Finds case study with a similar client → Fills out quote request form → Becomes a lead.
Or, simplified:
Searches for his topic of interest → Visits your website → Gets retargeted via AdWords > Reads a customer testimonial > Returns on your website > Buys.
Research Product Technology Customer serviceAdvertise
Brand
Uniqueness of
products
Functionalities
Quality/price
ratio
Packaging
Web Analytics
Customer insights
The team
The gathered data
The addressed
markets
Look & feel of website
Design
Copywriting
User experience
Page speed
Personalization
Development speed
Technological
innovation
Tools used
Delivery speed
Language
Over-delivery
Post-sale services
Working time
Budget
Channels used
Branding
Positioning
Exposure
Viral growth
1. Small number of products
2. Focus is on clients with high income
3. Priority is the revenue, not the amount of sales
4. Creating demand which leads to reinforcement of the word-
of-mouth
Homework:
What are my points of differentiation?
What is it that makes me stand out (of the crowd)?
What is my differentiation strategy in terms of product, people,
communication, technology, client service?
P.S.: I love you. Get your free e‐mail at Hotmail’ at the bottom.”
> +12 milion new email accounts
Bonobos recommendation program
Growth from1.6M USD revenueto 4M USD in a year.
NPS Bonobos: 78
NPS Apple: 77
1. Spread/dissemination through recommendation
2. Going viral with content (video, text, etc)
3. Planting habits on the clients that you already have
4. Using leverage
http://www.marketizator.ro/12-key-performance-indicators
The other 6 indicators widely explained:
How do customers see web personalization?
“73% of the customers in the USA claim that they like to buy from brands
and companies that use data to personalize messages and offers, because
they are more relevant for them.”
Source: eConsultancy
Personalization can be done according to:
- Type of device (desktop, tablet, etc)- Resolution- Geographical location - Weather (sunny, cloudy, raining, snowing) - Previous behaviour (last purchase was over $400)- Calendar (it is Saint Patrick’s Day)- Hour (there are 43 minutes left until the product arrives )- Keyword- Traffic source- Visitor history (came over 4 times and didn’t buy anything / bought an item i.e. electric
cooking stove)- The accessed page (products >$350)
3 months FREE subscription For the $105/month account (30k visits to test)
Use code: 30APR
LIMITED TIME OFFER - AVAILABLE ONLY TODAY - APRIL 30, 2015