Hello
Sitebrand > 2009 > January
1 2 3 ... 14

Sitebrand Talks

352 Posts

It’s been some time good reader, so happy end of January. We’re one month closer to summer.

I realize times are tough right now – budgets are cut shorter than Barack Obama’s hair, company headcount is shrinking faster than Nortel’s stock and general uncertainty is causing big-time havoc on anyone looking at long term planning. See, I’ve caught up with my news and current events (see my last blog to fully understand…).

In e-Commerce, we talk a lot about first time visitors – the big unknown. There’s a huge focus on this segment and while no one has completely cracked the code, there are dozens of best practices out there with proven and repeatable results. Jim Cain, Sitebrand’s resident super analyst wrote a great whitepaper on this very subject last year.

So, cool. First time visitors are the elusive catch, the big seg (sounded cooler than segment). And so it should be – generally it makes up about 70 per cent of total traffic or more. But today, I wanted to look a little closer at return visitors. That’s approximately the other 30 per cent of your traffic and while significantly smaller than first time visitors, it’s still an important segment and could act as a more profitable one long term. All repeat visitors were once first time visitors, right? I know what you’re thinking: “How profound of you, Kevin”. Thanks for the feedback.

But think about it. You’ve already invested in driving these visitors to your site once. Maybe they bought something. Maybe they saved their cart. Maybe they looked around on your site for twice the regular average. Who knows, but for some reason, they are back. Which brings the question: what are you doing for these visitors and how do your marketing strategies look for returning visitors?

From a search marketing standpoint, you’ve done your job. They are back and on your site – again! Are you messaging targeted content to return visitors? Are you segmenting your return visitors based on if they purchased anything during their last visit? Are you A/Bing content to this segment? Do you want to create a unique customer experience? Are you able to create real-time campaigns based on click-path navigations and behaviors during that specific session?

You could be.

Enter plug: This Wednesday afternoon, I’ll be hosting a webinar geared towards this exact topic with 5 best practices to boot. Here’s the skinny: 29 minute webinar with me (rad Sitebrand Sales Engineer), on return visitors and how you could be improving conversions. And it’s free. Register now.

I can plug my own webinar on our official blog, right? Like, that’s not a faux pas, is it? I hope not. But more so, I hope to see you there – 2pm EST sharp.

Stay Classy, internet.

1 comment Permalink

With the holidays upon us, and the results being less than expected, there are a lot of scared people out there in digital commerce world.  Consumers aren’t sure if they should spend, retailers aren’t sure if they will spend, and vendors aren’t sure if their services will be required.  Place vicious cycle here.

Online retail is still growing, just not at the breakneck speed of the last few years.  Internet Retailer reported that in October, online sales grew by only 1 percent.  Newsflash:  it still grew.  Every other type of retail shrank.  This doesn’t mean that times will not get leaner, it just means that digital sales are better positioned to ride out (and potentially thrive) in a time of uncertainly.

So here is my recession proof marketing tip, and it only really applies to websites that have deployed an analytics tool on their website.  To be honest, if you haven’t deployed analytics on your website by now, you might have missed the window of opportunity to be successful online.

TIP: Put some effort into taking advantage of what your analytics are trying to tell you, and not only will you be able to do more with less, you will be able to grow your business while others fail.

Using and profiting from your web analytics data involves a little bit of elbow grease, not an MBA.  (Note:  I have a degree in Comparative Politics and am no math whiz)  Many of the people we talk to feel that analytics is a purely bookish discipline that they will not be able to get into because they think of themselves as designers/catalogers/developers etc.

Not an excuse.

The tools you have deployed to monitor your web visitors are easy enough to use, they are just hard to take advantage of without some work and a good plan.  Without wanting to get into the ‘web analytics is easy or hard’ debate, I am of the opinion that getting web analytics to work is pretty easy, and getting web analytics to work for you is hard.

I try to write these blogs in such a way that there are always a few tactical takeaways.  So without further ado, here are a few steps that anyone with analytics and a website can take to better weather this economic storm.  I have also embedded a ton of links to relevant info to make following

1) Make sure your analytics is set up properly:  Validate your data to make sure it is accurate.  Run WASP against your deployment to make sure your tagging is done properly.  Compare your revenue results in analytics against your shopping cart.  This exercise will not only increase your confidence in your analytics, it will make it much easier and intuitive to use the tool.

2) Make a ‘top 5 list’ of the questions that keep you up at night.  Every online marketer has these questions.  How is my paid search strategy really doing.  Do visitors from outside the United States ever buy anything?  Do our blogs and forums help visitors convert?  What is the return on investment for my website technology spends? ( I could go on at length).

3) Open up your analytics and try to answer the questions.  I would guess that with a little bit of work you will at least see roughly how to get your answers.  Reading a few blogs and books will put you well on the way to getting the definitive answers you want.

4) Action on what your have learned to either streamline or grow your business.  Did you find out that you generate a bunch of European traffic but no conversions?  Try building a European shipping page.  Do you have areas of your search marketing spend that don’t make you much money?  Stop paying for it.

5) Repeat.  Questioning, answering and optimizing is a continuous process.  Plan on spending even one day a month on this process and you will learn a ton about your business as you are strengthening it.

This whole process is going to be a lot easier than you think it is.  The analytics community is very open and helpful, there are a ton of great free resources, and YOU ALREADY HAVE ALL THE DATA.

Have fun, happy optimizing, and feel free to drop me a line if you have any questions.  With a little hard work and the right questions about your business, we’ll see you on the other side of the recession.

Cheers (and happy holidays),

Jim

1 comment Permalink

Ox equals personalization

Posted by Kevin Butler January 5, 2009

Hello and happy 2009 to all Sitebrand frequenters. Thanks for kicking off the new year by reading our blogs – we appreciate it and love all the comments that come with blogging. According to Chinese calendars, 2009 is the year of the Ox. So just how are oxen relevant to anything e-Commerce you ask? Keep reading to find out…

So apparently the United States is in a recession and has been for some time. Lately, I’ve been so immersed in various other things and may have missed out on such news. However, as sad as that may sound, I am up to date in things like Twitter (totally the new RSS of 2009, don’t you know), Amazon’s massive holiday sales spike, Chinese new year’s, terrible year end lists and of course, personalization. I swear my introductions are getting longer, but this is all going somewhere, I promise.

A recession, eh? Is that the thing that makes companies shrink budgets – more specifically, shrink marketing budgets? From talking to some peers, it seems a big trend for 2009 will see marketers finding cheap, inexpensive or free (the best kind) ways to promote and grow. I’m no genius, especially since I didn’t even know about this ‘recession thing’, but how does a company grow with limited/reduced budgets? While the aggressive side of me thinks there’s no time better than now to increase marketing budgets, I also understand the other side here – the responsible side of me, that is. And that could be why social media has and will continue to climb to the top of many marketers “definitely need to do/try that in 2009 lists”. I know, more lists at the beginning of a new year, but I digress.

You might be thinking: “social media is the buzz, but it’s not a proven revenue generator”. True and like all things, I’m sure social media will quickly evolve with that in mind over the next few years. Something to bare in mind here - social media is still very new and I don’t feel social media should be providing mass sales at this point. Mashable.com has a great survey about this, too. That’s where I see social media differently at this point – does it have to provide unassisted new sales, right now? I look at the Twitters, Facebooks, (etc…) as a part of the marketing mix, not an independent one. They will help the conversational aspect – a critical piece – with your customers and potential ones, but won’t act as the first and last points of contact to drive the sale.

Looking at this from an outside perspective, you can pay agencies, firms, specialists, etc… to run integrated social media campaigns, but it seems many companies are keeping it in-house. Whether financial reasoning or otherwise, marketers are taking notice of varying methods from big time companies like Southwest Airlines, Starbucks, Dell, all the way down to the mom and pop shops that are still around. And why not? They’ve done a great job reaching out to customers and speaking to them. Those familiar with my views from previous writings probably see this part coming: you’ve developed interest. You’ve cut through the mass and now they want to know more, so they return to your website, only to find generic messaging and content. Maverick and Iceman just called: they said mission failed – failed like the Detroit Lions historic no-win season. Back to my point, use social media to cut through the clutter, use personalization to get relevant. That’s a better 1-2 punch than Brady/Moss (from 2007, of course – sorry Lions fans). While you can have one without the other, the combined efforts are far greater than one on its own. Also, personalization is a better and more proven ROI effort than social media, as of writing this. Like all things internet these days, that could change in a hurry.

For a quick recap, I’ll leave you with an equation that should help demonstrate why personalization should be on your radar, why it makes sense in today’s economy and how it will help even the newest social media-ist get the message heard loud and clear, at the right time. Its not scientific, but I’m fairly sure it checks out…

1.    2009 = the year of the ox
2.    Oxen = methodical and detail oriented, yet have difficulty connecting with others (I swear I looked this up)
3.    Sitebrand = easily connects with specific audiences, sending relevance/targeted marketing campaigns
4.    Social media = easy way to speak directly to customers and is quickly becoming an integral part of all marketing plans (big and small)
5.    Year of personalization = 2009 (according to many, including me)

Therefore: 2009 is the year marketers/e-Commerce professionals must integrate social media efforts with Sitebrand’s personalization in order to deliver that 1-2 combo that your customers deserve.

Stay classy, internet.

1 comment Permalink
1 2 3 ... 14