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I subscribe to the view that marketing and sales together have to work to grow the revenue for any organization.  Over at Revenue Journal, Kirstan Zhivago articulated very succinctly that a new breed of  Chief Conversion Officer (CCO) is  needed to drive the company’s top line revenue.  She argues that one person needs to be responsible not for just sales or just marketing but rather (just) conversion to guide the efforts of all groups towards the one goal of conversion and empower them to make the tough decisions and get rid of the road blocks.

I love this philosophy, but how does that apply in the organization and who is responsible for each piece. To bring it into sharper focus, let’s meld two concepts together: Zhivago’s “marketing VP” with a conversion funnel.  The conversion funnel is different than a lead or opportunity funnel as it extends the traditional sales funnel to include all of marketing activities right up to the earliest touch point.  To keep things simple, I am only going to divide the funnel into three parts:

  1. At the top of the funnel is purely marketing activities that includes both inbound, [webinars, blogs, social media] and more traditional outbound lead generation techniques [tradeshows, e-mail newsletters, direct mail, etc. ] that drive acquisition.
  2. The bottom of the funnel is where conversion happens as salespeople engage in conversations with prospects to provide information, over come objections and build trust through stories and shared experiences.
  3. And my favorite part: everything in between or as I like to call it,  No man’s land.  This is the arena of persuasion and traditionally where sales and marketing  point the fingers.  Typically this portion of the funnel is punctuated with questions like “Where are the warm leads?” from sales, “Why wasn’t that lead follow-up?” from marketing or disagreements over what was qualified.



Which drink is your conversion process?With the kind permission of Jim Sterne, one of the more interesting ways I have seen funnel shapes visually expressed is as bar glassware.  The highest conversion rate starts with driving targeted visitors, further dividing them into segments, persuading them with the right message and converting them with the right sales or shopping cart process.

So how do you over come the problems with finger pointing and poor execution that is normally associated with the middle part of the funnel and drive the right kind of conversion shape?

There is no silver bullet that is going to solve all the problems but an organization focused on conversion and driven by a single individual compensated accordingly is a strong start.  The keys to success are strategies and tools that smooth the transitions between job functions and IT systems.

Having set the stage and quickly running out of room in this post, in future entries I will look at the role of a CCO starting at the top of the conversion funnel and explore strategies, tools and hand offs as they apply to each stage.

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Social Relevance

Posted by Alok Ahuja April 2, 2009

Social media has been around for some time now, from Facebook, Twitter, MySpace and even LinkedIn.  As all of these social platforms have evolved over the years, you still hear people asking…..but what does it all mean?  If you really sit down and think about it, social media is just another form of communication simply just bringing the world closer together.  Ten years ago if someone were to ask me if I would ever have the ability to chat with Madonna I would have just laughed at them, but now with Twitter the thought of that chat doesn’t seem so far off.

With the introduction of all these social media outlets, retailers are slowly starting to enter the realm of building societies and groups of avid fans and followers.  It was only a matter of time before my colleague’s looked at me funny because I was not friends with Amazon.com on Twitter.  I can still hear them whispering; “That’s exactly why he never gets any one day deals on Amazon….sucker!”

With all the Facebook friends and Twitter followers, what does this ultimately mean for retailers and vendors alike?  More potential shoppers!!  By using the social media outlets, retailers are now keeping shoppers informed and ahead of the rest of the crowd through Facebook updates and Twitter tweets.  This is allowing them to create a cult following and loyal fan base of shoppers that they can direct to their site whenever they want.  Once again, you have to take one step back and ask ”what does this all means?”  With increased loyal traffic coming to retailers sites, and certain promotional offers being provided to the Twitter bugs, Facebook friends and MySpace followers, how are these retailers able to differentiate between the various traffic sources and what to provide them with?

As social media continues to mature, so has Sitebrand’s involvement with these new sources of traffic.  Being the leader in online website personalization, Sitebrand has once again taken the lead and is allowing retailers to segment their various social media traffic sources through a series of simple one click campaigns.

It’s been a long time coming, but allowing retailers to speak to their individual Twitter traffic or Facebook friends is becoming an everyday affair with Sitebrand.  The new Segment&Serve tool is allowing retailers to use referrals through any one of the social media tools to speak to their unique traffic segments and add a sense of continuity and relevance to that customers shopping experience.  By clicking on a tiny_url from Twitter and then having a “Welcome Twitter bug” message once the link is clicked, has allowed retailers to create a friendly and non threatehing environment for shoppers.  This has allowed our customers to enjoy higher cart averages and ultimately more Twitter followers and Facebook friends!

This campaign was also used for all Twitter shoppers.

This campaign was also used for all Twitter shoppers.

This campaign was used for all Twitter referrers.

This campaign was used for all Twitter referrers.

Alok Ahuja

The Road Less Travelled

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Did Mark by Ben miss the mark?

Posted by Kevin Butler March 26, 2009

Up here in Canada, we’re hockey freaks.  Simply put.  Before going any further, I want to acknowledge that finally (and I mean finally!) I can bridge my passion for hockey with online marketing… sort of.  I’ve long wondered if I would ever get the chance to talk hockey in an e-Commerce blog and today, it’s now a reality.

Which leads me to a question: Do you know who Mark Gullet is?  No?  Alright, how about Mark Gullet from Tampa, Florida?  Still nothing?  That’s okay.  I didn’t know of him either, until 24 hours ago – thanks YouTube.

Regrettably, Mark is one of millions who’ve recently lost his job due to economic woes and organizational restructuring.  The only reason I even know his name is because he worked as VP of Marketing for the NHL’s Tampa Bay Lightning – yes, this is the hockey tie-in – and because it’s the latest viral YouTube phenomenon made by Ben Gullet, Mark’s son.

Ben Gullet, super marketer

A viral job search missing the mark? You tell me.

Upon being laid off after more than 9 years of service for the Lightning hockey club, Ben created a video tribute highlighting his father’s professional strengths and experience with large cue cards and sappy music to help his father find employment.  Ben’s video hit YouTube on March 12th and two weeks later, the video has been seen more than 100,000 times and resulted in numerous job interviews (apparently).

This 14 year old wiz may have a future in internet marketing too (although I’m not convinced his father didn’t have a larger hand in this).  The video’s call to action is engaging and convicting: visit a micro-site featuring his dad’s resume.  I already feel for the guy, so OK, you got me.  I’ll click on the site.  Before you worry about being replaced by the up-and-coming-internet-genius, Ben Gullet, I’ve got good news for you: The plan isn’t flawless and stumbles in the same ways many websites and landing pages do.  If you agree with me, I’ll see to it that you keep your job.  Scouts honor.

MarkbyBen.com features the infamous video, filling the entire front page and then some.  Scrolling below the video reveals a tiny link to Mark’s resume.

But wasn’t the goal of the site to display the resume for anyone and everyone?  Why create any unnecessary barriers by hiding it below the video at the bottom of the page?  And normally, I wouldn’t make a nit-picky comment like “this site doesn’t even have any analytics” – but wouldn’t 100,000+ YouTube plays in two weeks merit it?  Finally, I’m surprised there’s no visible email address or way to connect with Mark.  Sure, you can leave a message through YouTube, but why make it difficult for potential recruiters, contacts and hiring managers to contact you?

The battle certainly doesn’t end once the visitor gets to your site – something I think we see too often in online marketing.  I fully believe that’s when the battle begins and in this case, where the viral job search falls short.  Driving traffic is great, but what happens when visitors arrive to your site?  MarkbyBen.com serves as a great example of time, effort and money invested, yet falls short of the most important aspect: creating a connection with the visitor and getting something out of their visit.  One of the keys to sucess on this site and any other: reduce any and all barriers that block the original goal of the website.  MarkbyBen.com should have Mark’s resume front and center, clear call-to-actions and a visible email address/LinkedIn profile link.  The site should have additional information about him that his resume and large cue-cards don’t speak to.  Much like any online marketer, Mark’s got one shot at a first impression and may be his only shot at converting the visitor.  Removing those barriers should be the first step towards a better site experience and ultimately, make Mark’s job search successful… or not missing the Mark.   But if Mark were a company, the next step should be web personalizaiton to better engage his vistiors.

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I can remember times where everyone believed we couldn’t have enough online stores.  Selling online was the next BIG thing.  Everyone started their own little shop and became online marketing experts.  It was easy and cheap.

What happened?  The reason growth in e-Commerce is threatened, slowed, or stopped altogether isn’t because the market is saturated, it’s because there’s been a failure of management.

Every major industry has once experienced significant growth.  The ones that made the right decisions grew, the others… well, here’s a simple example.

There once was a time when railroads were the hottest and trendiest way of transportation.  The railroad industry didn’t stop growing because the need for passengers and transportation declined.  Year after year, more people were traveling, just like there are more people buying online today.

Sitebrand says don't treat e-Commerce like railroads!

Sitebrand says don't treat e-Commerce like railroads!

People didn’t move away from trains and towards cars, trucks, airplanes etc… the reality is people stopped using  trains.  Railroad companies let their customers leave because they saw being in the railroad business as their top priority, rather than being in the transportation business.  They were railroad oriented and not transportation oriented; they were product oriented and not customer oriented.

Do you see were I’m going with this?

Assuming growth is assured by an expanding population or by the adoption of technology might be as fatal as believing if visitors find your site; they will buy from you.

Over the last few years, most online companies haven’t needed to think, at least not a lot.  More and more people were buying more products and services online.  In times where everyone was spending, there wasn’t a growth problem.  If thinking is the intellectual response to a problem, then the absence of a problem leads to the absence of thinking.

Weird? Well I’m a technology guy, that’s how we rationalize.

So let me come back to my railroad example.  Online retailers finally have to understand that they can’t be railroad oriented.  Their business is not to perfect their SEO, find more ways of driving traffic or analyzing why someone didn’t buy.  They have to be transportation oriented.

It all starts with the customer.  Everything else are tools to help you take good care of what is important in your business: your customers.  Tools can be dangerous and can be misused if you don’t ensure your customers are happy.  Streets were built to bring people to trains and were later expanded so people could use cars and not trains (Don’t you feel that Google sounds a lot like those streets?).

You think we would have learned from our mistakes with railroads?

Think again.  Review how happy your visitors and customers are.

Look at your bounce rates or ratio between new versus returning visitors and tell me that you have not failed so far.  Now tell me that you didn’t think further than buying more keywords in the past.

So far you’ve built the trains, tracks and streets that bring people to your train stations.  You’ve looked at reports that tell you visitors come, look into your trains and leave to take the bus or go home or… who knows.  You don’t even know if they actually wanted to take the train, ah… I mean buy a product.

Put the customer in the center of your business.  Use review tools like Powerreviews to ask for opinions.  Use Sitebrand to personalize & optimize the session.  Help them find what they are looking for with tools like SLI-Systems.  Make them feel welcome and special.  Give them the feeling you have when you get on an airplane, first class from Hong Kong to New York.  You get pampered.  Give them the first class experience they deserve.

Don’t give visitors the lousy second class train ride experience with stops at every milk can.  Don’t make the same mistakes the railroads did…

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Put your hands up if you’ve seen or heard a conversation about social media today.  Week after week I postulate if social media is at its peak.  And week after week I’m wrong.  I’m not sure when this streak will end either.  Reminds me of Tim Horton’s roll-up-the-rim… except I’m only kidding myself until May.  With this social media thing, it could be a while.

Note to our American friends: roll-up-the-rim is a Tim Horton’s annual promotion Canadians cannot get enough of.

And here we are – 2009, social media this, social media that.   Can you imagine the look a 15 year old kid might give you if you told him/her that Facebook didn’t exist 20 years ago?  Actually, can you imagine our own faces?  We’ve all become increasingly reliant on social media in one way or another.   Many of us are finding our personal and professional Facebooks, LinkedIns, Myspaces and Twitters intersecting.  I blame smartphones, but that’s another conversation altogether.

Here’s the thing with social media.  Number one, we’re all self-professed ‘experts’ with social media, yet don’t have the control we think we have.  And two, as good as we think we are with social media, today’s kids are quickly becoming better.

Think about it.  We’re all trying to find ways to integrate social media into branding, campaigns, sales, etc… but kids aren’t.  For many kids and youth, social media has forever been a part of life.  They’ll use it more naturally and probably in ways us, the good expert, will never think of.

Scary?  Us ‘experts’ should really figure out a Plan B.

My biggest gripe with social media?  Limited ability to personalize, customize and tailor appearances.  We as marketers have embraced social media, but social media hasn’t embraced us.  Everyone from Skittles to Coca-Cola is using social media for all sorts of reasons and experiments.  And despite this, we can’t even brand our Twitter and Facebook pages properly.  Social media is all about self promotion, expression and information sharing, but they aren’t sharing.  Instead it’s “you can put your logo in this 200×300 space on the left hand side and your choice of background is blue.”

Look no further than the Skittles phenomenon we’ve nearly forgotten about.   We know the Skittles colors (especially since we all bought a pack or two after their infamous experiment), but each social media site didn’t really reflect the company and product like it could and should have.  How cool would a red Skittles Facebook page look?  Certainly better than blue.

Every time a new social media application pops up, the first thing analysts, experts and everyone else says is “I don’t see potential for a revenue model.”  This is the perfect opportunity for Facebook, Myspace and Twitter (especially Twitter!) to do just that.  How much more valuable would your fan page be if you could have it reflect your company, brand and online marketing strategies?  Brand Managers have slaved to ensure the colors and messaging are perfect.  Social media is about sharing information and for businesses, is a great opportunity to act as an extension of your website, banner ads and wacky commercials.  If your colors are red and white (random example), what differentiates your page from a competitors?  Or Andy’s Local Fish & Cactus Store?  And seriously, would it be that hard to accommodate?  The only other question is would you, the marketer be willing to pay for that kind of personalization?

My name is Kevin and I have a social media problem.   Now if you’ll excuse me, I have several notifications to attend to and I need to create a viral marketing strategy based around Twitter.

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“Change we can believe in”. The famous words that were spoken by Barack Obama during many of his speeches while he campaigned across the United States on route to becoming the 44th US President.  And with that change, cell phones have become an integral part of the marketing world.  We see advertisements on TVs, magazines and newspapers on a daily basis, so it only makes sense that marketers push mobile announcements on our most personal piece of technology.

Mobile marketing is changing the face of media; it offers a sense of intimacy and loyalty that other media outlets struggle to achieve.  There are over 200 million cell phone users that live in the United States (that’s 1 out of 4 Americans) and we’re now beginning to see this exploited, from Time Magazine to Barack Obama.  Over 2.9 million cell phone users downloaded Obama’s phone application and received frequent updates about his campaign and whereabouts his next event.  Each cell phone user was specifically geo-targeted, so a Californian didn’t get the invite for the Florida rally, etc…   So yes, even Obama’s optimizing his messages.

Obama optimizes messages, do you?

Obama optimizes messages, do you?

With 2009’s economic downturn in full effect, businesses struggle to remain relevant in budget friendly ways, while cutting through all other clutter.   Companies have begun to use mobile marketing as a means to do that, distributing coupons, surveys, reminders, links and landing pages to stay connected and boost conversion rates.  Marketers have to create an engaging message to a specific audience if they hope to be successful.  They need to optimize, target and execute properly.

Newspapers and magazine readers are declining and people want a faster way of getting to information.  A mobile marketing campaign can be cheap and inexpensive from the other types of advertising; a company could boost its marketing strategies and send messages more frequently while spending less money.

But do we as cell phone customers have a choice of receiving these advertised messages, optimized or not?  Why should we have to pay for advertisements once they are streamed across our screens?  Marketers have to constantly be out there and in our personal lives to be effective.  Since mobile messaging is so new, is this something we should be concerned with in the long term?  And what might be the ramifications to one’s brand, sales and marketing campaigns?  Only time will tell…

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Many clients have asked me what the best day of the week is to send their email. According to the Retail Email Year-End Trends for 2008, a reportlet by Chad White and Smith Harmon, the most popular days for retailers to send email in 2008 was Monday, Tuesday and Thursday.

That is great information to know, but it doesn’t necessarily mean that they are the right days for you to send. First of all, if everyone starts to send on Monday, Tuesday and Thursday, that means that our inboxes will be overloaded on those days and the chances of your email being overlooked will be greater.

My second point is that even though these reports do have good information that we should all take into account, the data is pretty broad-based and doesn’t always reflect what happens in your business. At the end of the day, the only way you will really know what day is best for you to send is to do some testing. Why not segment your list into 7 parts and send the same email to one segment per day for one week?  After the week has passed, take a look at your reports and see which day had the best results. That is YOUR best day for email marketing.

Of course, if you are one of our clients you can take advantage of SilverPOP’s ability to send to each recipient based on their preferred time. This more personalized approach will send an email to a recipient based on past behaviors (or behavioral targeting). You can send a message to each recipient at a time of day and/or day of week defined within the list as the most popular day or time for that specific recipient.

So don’t forget that while all the industry reports and expert analysis out there is helpful, you really should look and listen to what your own customers are telling you and it’s pretty easy to get this info by doing some testing and segmentation of your email list.

Happy emailing!
Alison

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In e-Commerce, there are many ways to provide internet marketing incentives to consumers by discounting products, shipping costs, order values etc and they are all good but we can do better.  Most discount campaigns are site wide and pushed to all visitors but this spray and pray tactic is not optimal.   Instead why not target your discounts to the right audiences?  Remember you want to increase conversions but at the same time try your best to manage/maintain those margins.

So don’t waste discounts on those that don’t need them and don’t show discounts to those that they won’t help convert:

1. It makes sense to show different types of discounts to different types of users
2. It does not make sense to show visitors discounts that they cannot take advantage of
3. Your website real estate is premium property, why waste valuable webpage space on the wrong discount message?

Let me explain with the following market segmentation examples:

New Visitors v. Returning Customers

For new visitors the main objective is to get them to make that first transaction.  So you offer a juicy ‘20% off anything’ discount to entice visitors to buy which is great, but do you need to offer that same discount to returning customers?  Not if you don’t have to – why reduce your margins on users who are likely to buy again from you anyway.  Instead why not take advantage of the fact that they are likely to buy again and offer them a discount that is more beneficial to both the customer and you?  A discount like ‘get 20% off your order over $200’ – this builds up your top line revenue while helping maintain your margins (depending on the product ranges obviously).  And conversely why risk those first purchases from new visitors by trying to squeeze more money out of them?  So while choosing to show either of these discounts to either user type will no doubt help, it makes sense to optimize who sees which discount.  This allows you to fulfill multiple goals instead of one: increase conversion rates AND manage margins AND increase customer satisfaction/loyalty.

Shipping discounts are not for everyone.

International shopping is on the rise in the online marketing world.  Many etailers are seeing strong sales growth from other countries and the opportunity to increase that growth.  So why plaster a shipping discount promo on your website when, generally, only those visitors residing in your country can benefit from it?   If I’m a retailer in the USA and an increasing amount of my sales are coming from, let’s say Canada and the UK, I don’t want to show them my ‘lower 48 states’ shipping discount as it doesn’t apply to Canadians or Brits.  I am a Canadian, and more often than not I’ll see a ‘free shipping!’ or ‘$4.99 shipping on all orders’ etc discount promotion but of course that doesn’t apply to me.  Better to target your shipping discounts to only those that can take advantage of it and show those foreign visitors a different promotion (discount-related or not).

By targeting the right discount to the right audience you are not only optimizing your conversion rate, managing your margins and providing a generally better shopping experience, but you are also maximizing the use of promotional real estate on your website.   It’s not that hard to use the same piece of real estate to show multiple discounts and promotions to targeted audiences!

And don’t forget: keep on testing and optimizing.

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Death of a Marketer

Posted by Kevin Butler February 19, 2009

The depression of the early 2000’s seemed to change the promises the internet had made to its users.  The stock market crash ended a particular version of history … that vision being … wait for it … internet marketing.

Okay, you got me.  I may of snagged that line from Christopher Bigsby and Arthur Miller’s legendary Death of a Salesman, but it got you reading, right?  So my job as a marketer is done, right?  Wrong.  How do I know you’ll finish this sentence, paragraph or blog?  I don’t.   I’m hoping I’ve done all I can to entice you to carry on.

Wow.  Why would my job be done once you get to my site?  That doesn’t guarantee me a conversion win, and it certainly doesn’t guarantee a good experience either.

Right now, this blog is being read all across the world, from sunny California, over to rainy England and back to chilly Ottawa – home of legendary personalization firm, Sitebrand.  Whether you found this article from Google, Twitter or have it bookmarked (very cool, thank you), I have no unique messaging to you and I’m wearing out the ‘wait and hope’ strategy – a term I’m going to coin ‘Death of a Marketer’.

Suppose the whole goal of my site was to drive visitors to by my super-rad blog, which isn’t on my main page.  How would I accomplish this?  From a Death from a Marketer perspective, I’d sit and hope/wait for you to get there.

Death of a Marketer is an excuse for not being innovate

Death of a Marketer is an excuse for not being innovative!

Or I could do something really awesome and totally marketing-friendly.

First off, what’s unique about my traffic?   A/B testing messages that suit specific demographics is a good start.  And having that targeted content dynamically changing for those demographics dependent on behaviors and click-paths.  Now I can get into assessing the characteristics of my top segments.

If I’ve identified  two or three distinct places my traffic goes to, beyond the main page, I could divide each group into sub-groups and create tailored messaging strategies specific to each group.

Now that’s a cool start!  And that’s pretty personalized too.  We’re just getting started.  Imagine the visitor has converted in the past – I can do something different in that case.  Or what if that visitor is guilty of shopping cart abandonment?  Yeah.  I can do something there too.  I’ll stop here, before I get too ShamWow on you.  Still with me, camera guy?

The point is, let’s not let the illusion of everything eventually working out get in the way.  Death of a Marketer is very much reality versus illusion.  Controlling reality with dynamic messaging sounds pretty good, especially when one considers the alternatives.  Errr, I mean static messaging … or status quo.

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In the B2B side of internet marketing, web content management system (Web CMS) technologies have clearly advanced the management and maintenance of websites.  It has allowed a new generation of marketers and web designers to build SEO friendly web pages and improve management and control of their web sites that has had some credible productivity gains and ROI. As a subscriber to the “crossing the chasm” philosophy, compared to other emerging technologies like marketing automation or video spokesperson, Web CMS has hit main street, see below

Web CMS search trend compared to other B2B web technologies

Web CMS search trend compared to other B2B web technologies

Further, according to Forrester,  88% of online business have adopted some form of Web CMS that range from enterprise class products such as Content Server,  RhythmyxTeamSite, or open source options such as  Joomla! (formerly Mambo), drupal, or TYPO3 to solve usability and technical hurdles.

 

So where is the next step? What is going to give vendors an edge over the competition?

 

Over at CMS Watch, their speculation seems to be more of the same, maybe a little Web 2.0 thrown in to keep the masses happy but no great leaps forward.

I will argue that personalization, in both anonymous (segmented) and one to one forms, should be the next evolution of content management. For both types, content would be selected from a specific group or tagged repository and dynamically served the to visitor either by segmentation rules for anonymous types or user profile preferences for the other.

But personalization only works if the right message is delivered at the right time to the right person (or segment).  In order to accomplish this, the outcome must be measured and the message’s success or failure – be it text, picture, document, flash etc. – to persuade the visitor to the goal associated to the message.

Google AdWords optimized ad rotation

Google AdWords optimized ad rotation

So each message should carry a score, much like a lead score in marketing automation. Success-based systems would only give credit or increase the content score if the desired outcome is performed.  There are limited examples of this in place today: Google AdWords has a option to selectively show better performing ads based upon their click through rate.

By unburdening message rotation and outcome-based selection, marketers can focus on what they do best: create relevant and engaging messaging to entice their web visitors into the desired actions.  But success-based content management need not stop there, the final piece in the puzzle would be to integrate into partners such as eCommerce merchandise engines or marketing automation system.

Now that would be game changing.

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