the acquisition marketing puzzle most fail to complete - turing festival august 2016

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Page 1: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

The acquisition

marketing puzzle most

fail to complete

@ DepeshM

Page 2: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Depesh Mandalia

Chief Marketing Toucanoo

@ DepeshM

www.toucanbox.com

Page 3: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

“Building an acquisition

marketing machine that

scales through insights”

Page 4: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Acquisition marketing

Marketing

Paid

search

PR

Paid

social

Content

TV

Word of

mouth

consumer action

Page 5: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Common missing pieces

> Mission

> Insights

> Agility

Scaleable

Growth

Marketing> >Paid

search

PR

Paid

social

Content

TV

Word of

mouth

Landing pages

Page 6: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

“The Theory and Practice of Selling

the Aga Cooker.”

“ the best sales manual ever written ”

Page 7: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Advertise & Sell

Think as a salesperson first,

Marketer second

Page 8: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Deep product, consumer & market insights

Attack with a ready defence

Scientific testing and measuring

Page 9: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

MISSION

INSIGHTS

AGILITY

Page 10: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

1. Mission

Do you matter?

Page 11: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Starts with why and what

you’re marketing

- go beyond the how.

Page 12: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

It’s not about the revenue

That’s your outcome

Page 13: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

It’s about your purpose

your customer’s outcome

Page 14: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Mission Driven Marketing

Product +

Marketing

= growth

Page 15: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

2 examples

Page 16: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

… to be Earth’s most

customer-centric company,

where customers can find and

discover anything”

Page 17: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

… to be Earth’s most

customer-centric company,

where customers can find and

discover anything”

Page 18: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

To create a retail environment

that offers unbelievable value

and variety and satisfies

customers of every lifestyle”

Page 19: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

To create a retail environment

that offers unbelievable value

and variety and satisfies

customers of every lifestyle”

Page 20: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Mission Driven Marketing

The purpose

The outcome

The Sizzle

Page 21: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016
Page 22: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

* If you have a body, you’re an athlete

Page 23: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016
Page 24: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Marketing is more than just

Num13r$

CPC

CTR

CPA

CPM

ROI

CR %

Spend ATV

Page 25: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Customers care about

Outcome

Page 26: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016
Page 27: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

3 examples of

mission-driven marketing

Page 28: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

1:

Selling the emotion

Page 29: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

2:

Selling the experience

Page 30: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

3:

Selling the foreplay

Page 31: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

2. Insights

Do you ever ask why?

Page 32: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Product & Customer insight

the foundation of growth

Page 33: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

INSIGHTS

not data

Page 34: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

9 example insights

to demonstrate what

marketers often neglect

Page 35: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Are you targeting the right

type of customer?

Page 36: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Pivot from parents to gifter

Page 37: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Long vs short-form sales?

Page 38: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016
Page 39: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

What are your potential

customer’s concerns?

Page 40: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Customers are not alike

Page 41: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Why are customers not

transacting?

Page 42: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Funnels are a marketer’s BFF

Page 43: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016
Page 44: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

segment funnels

Page 45: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016
Page 46: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

interrogate funnels

Page 47: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Why are potential customers

exiting the details page?

Page 48: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016
Page 49: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Does tv drive direct marketing?

Page 50: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016
Page 51: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Are your customers,

advocates?

Page 52: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016
Page 53: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Is satisfaction uniform?

Page 54: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016
Page 55: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016
Page 56: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Are you attracting the right

customers?

Page 57: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016
Page 58: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016
Page 59: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

NPS Bonus: Testimonials!

Page 60: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016
Page 61: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

NPS Bonus: FB Lookalikes!

Page 62: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016
Page 63: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

But… this is just cro stuff?!

Page 64: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

3. Agility

Are you agile, lean and ready for growth?

Page 65: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Fail fast, fail often

Page 66: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Hypothesis

Prioritisation

Test

Outcomes

Page 67: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Example:

I believe by [_____]

[____] can increase by [____]

Because [_________]

Page 68: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

I believe by creating a landing page for each

FB audience type,

Conversion rate can increase

Because we can target mums, dads and

grandparents with relevant copy and

visuals and break down their key concerns

and barriers

Page 69: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Hypothesis

Prioritisation

Test

Outcomes

Questions

Play the %’s

Page 70: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Hypothesis

Prioritisation

Test (mvp)

Outcomes

Questions

MVP it

Page 71: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

MVP:

create a landing page for mums

to specifically break down their key

concerns and barriers

Page 72: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Hypothesis

Prioritisation

Test (mvp)

Outcomes

Questions

PROCESS

Page 73: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Process:

create a landing page for mums

to specifically break down their key

concerns and barriers

Page 74: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Hypothesis

Prioritisation

Test (mvp)

Outcomes

Questions

Learnings

LEARN

Page 75: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Outcomes & learnings:

landing page for mums increased conversion rate on the

mum’s fb campaign by 20%. Do more lps for mums!

Next steps:

1. Try more variations of the mum’s lp

2. Test dad’s and grandparent’s lp

Page 76: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Hypothesis

Prioritisation

Test (mvp)

Outcomes

Questions

Learnings

GROWTH!

Page 77: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

acquisition marketing machine:

keeps mission front

and centre

extensively uses

product & customer

insight

scales fast via agile

test and learn

Page 78: The acquisition marketing puzzle most fail to complete - Turing Festival August 2016

Depesh Mandalia

Chief Marketing Toucanoo

@ DepeshM

www.toucanbox.com

The end.