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Andraž Štalec @andrazstalec LEAN DIGITAL MARKETING

SEOzone 2015: Lean digital marketing

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Page 1: SEOzone 2015: Lean digital marketing

Andraž Štalec@andrazstalec

LEAN DIGITAL MARKETING

Page 2: SEOzone 2015: Lean digital marketing

WHAT IS THE PRICE OF MICROWAVE OVEN GE PROFILE ADVANTIUM 120?

Page 3: SEOzone 2015: Lean digital marketing

SEARS BEST BUY AMAZON

$899,99 $809,99 currently $870,08

Page 4: SEOzone 2015: Lean digital marketing
Page 5: SEOzone 2015: Lean digital marketing

CONSUMER BEHAVIOR HAS CHANGED

Page 6: SEOzone 2015: Lean digital marketing
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FUNDAMENTAL CHANGE

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+44 %CONVERSION RATE

+160 %

REVENUE

+85 %SESSIONS

Page 9: SEOzone 2015: Lean digital marketing

MARKETING WAS NEVER EASY

Page 10: SEOzone 2015: Lean digital marketing

80 % OF CONVERSION PATHS INCLUDEMORE THAN 1 DIGITAL CHANNEL

Page 11: SEOzone 2015: Lean digital marketing

DIVERSITY10.600 different keywords are used by users to access a website

Page 12: SEOzone 2015: Lean digital marketing

EACH BUYER IS DIFFERENT3.703 different conversion paths on average

Page 13: SEOzone 2015: Lean digital marketing

UNDERSTANDING THE CUSTOMER

How to catch the important moments?

Page 14: SEOzone 2015: Lean digital marketing

VGL BRAND WLTM CONSUMERS WITH GSOH FOR LTR

VGL - Very Good LookingWLTM - Would Like To MeetGSOH – Good Sense Of HumourLTR - Long Term Relationship

Page 15: SEOzone 2015: Lean digital marketing

SUCCESS RATEOnly 15,15 % of website visitors start a checkout process

Page 16: SEOzone 2015: Lean digital marketing

ONLY 11 % OF VISITORSWHO START A CHECKOUT PROCESS ALSO

FINISH IT

Page 17: SEOzone 2015: Lean digital marketing

WHAT HAPPENS WITH THE OTHERS?99 % USERS DO NOT FINISH THE

PURCHASE

Page 18: SEOzone 2015: Lean digital marketing

89 % OF USERS ABANDON CARTSWHAT ARE WE GOING TO DO?

Page 19: SEOzone 2015: Lean digital marketing

ESTABLISH METRICS TO UNDERSTAND USERS

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TRACKING CONSUMER DECISION JOURNEY

MICRO AND MACRO

CONVERSIONS

DATA

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Page 22: SEOzone 2015: Lean digital marketing

Understanding user behavior throughout the entire CDJ

Number of interactions

Length

Transactions

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Micro & macro conversions

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Micro & macro conversions

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Micro & macro conversions matrix

NEW FOLLOWERS

GALLERIES BROWSED

REVIEWS & RATINGS

EMAIL SIGNUPS

SOCIAL ACTIONS

VIDEOS WATCHED

BOOKING

CONTACT FORMS SUBMITTED

CATALOGS DOWNLOADED

INFO REQUESTED

Long term

Short term

Medium term

DO

THINK

SEE

Page 26: SEOzone 2015: Lean digital marketing

DOTHINKSEE

Cost per AcquisitionBounce rate

Checkout Abandonment rateRevenue

Macro conversion rate

CTRPage DepthEngagement Micro conversion rate

% of New VisitorsReach & Frequency Events per Visit

Days to Convert% Assisted conversions

Define metrics for all stages of CDJ

Page 27: SEOzone 2015: Lean digital marketing

Discovery

Unique visitor 1 Unique visitor 2 Unique visitor 3

First purchase Return purchase Loyal purchase

Session-based analytics

Page 28: SEOzone 2015: Lean digital marketing

Discovery

Unique user

First purchase Return purchase Loyal purchase

User ID: 123456789

User-centric analytics

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FIRST CLICKLAST CONVERSIONDISPLAY

STORE

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1

2

3

26 %bounce rate

14,42pageviews per visit

135 %increase in CR

4 45 % increase in number of transactions

TENISICE.HRConversion optimization

Page 31: SEOzone 2015: Lean digital marketing

TARGETED ADVERTISING THROUGHOUT

THE CDJ

BETTER PERFORMANCE

AND BETTER ROI

BETTER UNDERSTANDIN

G OF USER BEHAIVOR

Where are the benefits?

Page 32: SEOzone 2015: Lean digital marketing

GET INSIGHTS

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AGGREGATED DATAMetrics like CPA and CR don‘t say a lot…

Page 34: SEOzone 2015: Lean digital marketing

HOW ARE USERS

BEHAVING?

WHAT INFLUENCES

CONVERSION?

Behaviour Outcomes

WHICH CHANNELS

DRIVE TRAFFIC?

Acquisition

The key segments

Page 35: SEOzone 2015: Lean digital marketing

HOW ARE USERS

BEHAVING?

WHAT INFLUENCES

CONVERSION?

Behaviour Outcomes

WHICH CHANNELS

DRIVE TRAFFIC?

Acquisition

The key segments

Page 36: SEOzone 2015: Lean digital marketing

38,64 %29,11 %11,79 %10,79 %6,64 %1,42 %1,40 %

Organic

Paid

Referral

Direct

Email

Social

Display

Income by digital channel

Ecommerce trends 2015, Red Orbit

Page 37: SEOzone 2015: Lean digital marketing

MAJORITY OF „LAST CLICK“ CONVERSIONS ARE MADE VIA BRANDED TRAFFIC

BUTOTHER CHANNELS LIKE NON-BRANDED TRAFFIC,

SOCIAL MEDIA AND DISPLAY NETWORKPLAY CRUCIAL ROLE

AS ASSISTED CONVERSIONS

Page 38: SEOzone 2015: Lean digital marketing

64 % CONVERSION PATHSINCLUDE NON-BRANDED VISITS

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Outcomes report

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Outcomes report

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DOTHINKSEE

DISPLAY

SEARCH ADS

SEO

FACEBOOK ADS

SEO

EMAIL

DISPLAY DISPLAY

SEARCH ADS

SEO

SOCIAL

FACEBOOK ADS FACEBOOK ADS

EMAIL

Digital Channels

Page 42: SEOzone 2015: Lean digital marketing

HOW ARE USERS

BEHAVING?

WHAT INFLUENCES

CONVERSION?

Behaviour Outcomes

WHICH CHANNELS

DRIVE TRAFFIC?

Acquisition

The key segments

Page 43: SEOzone 2015: Lean digital marketing

When do we access internet?

Online user behaviour 2014, Red Orbit

Page 44: SEOzone 2015: Lean digital marketing

What is our purchase behaviour?

Online user behaviour 2014, Red Orbit

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Enhanced Ecommerce

WEATHER

PRODUCT DATA

PURCHASE PRICE

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Blog content quality

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1

2

3

40 % OF VISITORSvisit webiste more than 5 times before they purchase

33 % OF TRANSACTIONShappen within a day

54 % OF VISITORSvisit webiste more than once before they purchase

4 14 % OF PURCHASE CYCLESlast more than 7 days

How do buyers

BEHAVE

Page 48: SEOzone 2015: Lean digital marketing

HOW ARE USERS

BEHAVING?

WHAT INFLUENCES

CONVERSION?

Behaviour Outcomes

WHICH CHANNELS

DRIVE TRAFFIC?

Acquisition

The key segments

Page 49: SEOzone 2015: Lean digital marketing

1x

2x

New visitors

Returning visitors

1x

2,5x

Non-branded visits

Branded visits

Conversion rate based on user segment

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0,44 %

0,78 %

All visitors

Visitors who clicked on a specific Ad

Influence of ad content on conversions

Page 51: SEOzone 2015: Lean digital marketing

1,58 %

1,97 %

Visitors who came through channel A

Visitors who came through channel B

2,44 %Visitors who came through channel A and B

2,81 %Visitors who came through channel A and C

Influence of digital channels on conversions

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Influence of weather on conversions

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OPTIMIZE USER EXPERIENCE

BETTER USER TARGETING

Behaviour Outcomes

OPTIMIZE DIGITAL

MARKETING

Acquisition

Why?

Page 54: SEOzone 2015: Lean digital marketing

ADAPTING THE CONTENTWhat if the user is not ready to buy?

Page 55: SEOzone 2015: Lean digital marketing

HOW GOOD ARE WE?

Page 56: SEOzone 2015: Lean digital marketing

if $bounce_rate >= 50 % then we suck

Page 57: SEOzone 2015: Lean digital marketing

HOW? WHAT?

Think Do

WHY?

See

Types of content

Page 58: SEOzone 2015: Lean digital marketing

OSKAR¸TRAVEL AGENCYDiversify the content

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1

2

3

42,11 %Increase in the number of transactions

55,00 % Increase in income

32,96 %Increase in organic traffic

OSKAR¸TRAVEL AGENCYDiversify the content

Page 60: SEOzone 2015: Lean digital marketing

1

2

3

22.000video views per month

13.000articles are read each month

2.486 %increase in traffic

4 37 % bounce rate

BIGBANG.SIinfo portal

Page 61: SEOzone 2015: Lean digital marketing

HELPING CUSTOMERS THROUGHOUT CDJ BUILDS YOUR REPUTATION

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ADAPTING THE MARKETINGWhat is our goal?

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TARGET GROUP GOAL USER NEED MESSAGE

DIGITAL CHANNELS TARGETING KPIs CONTENT

Digital Marketing Framework

Page 65: SEOzone 2015: Lean digital marketing

DOTHINKSEE

People who use our, similar or substitute products

People who use our, similar or substitute products and are THINKing they need a

new product

People who use our, similar or substitute products, are thinking they need some & are looking to BUY THEM

RIGHT NOW

Target group

Page 66: SEOzone 2015: Lean digital marketing

DOTHINKSEE

Build brand awareness

Build brand/product preference & engagement

with a brand Increase sales

Goal

Page 67: SEOzone 2015: Lean digital marketing

DOTHINKSEE

Feel connected with a brandLearn more about the

product/category Get best deal possible

User need

Page 68: SEOzone 2015: Lean digital marketing

DOTHINKSEE

Creative that builds emotions

Creative encourages research & engagement

Creative focusing on product & offer

Message

Page 69: SEOzone 2015: Lean digital marketing

DISPLAY

SEARCH ADS

SEO

FACEBOOK ADS

SEO

EMAIL

DISPLAY DISPLAY

SEARCH ADS

SEO

SOCIAL

FACEBOOK ADS FACEBOOK ADS

EMAIL

DOTHINKSEE

Digital channels

Page 70: SEOzone 2015: Lean digital marketing

DOTHINKSEE

Affinity categoriesInterest categories

Demographics

In-market buyersInterest categoriesDisplay keywords

TopicsPlacements

RemarketingInformational Searches

Category KWsMid-funnel KWs

Problem/Solution KWsSearch Remarketing

RemarketingTransactional Searches

Brand KWsProduct names

Lower funnel KWsSearch Remarketing

Targeting

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DOTHINKSEE

Reach & FrequencyBrand Search% New Visits

Number of mentions

Number of leadsEngagementPage Depth

Assisted conversionsCTR

RevenueConversion Rate

Profit

KPIs

Page 72: SEOzone 2015: Lean digital marketing

HOW TO APPLY THIS TO DISPLAY ADVERTISING?

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1

2

3

WIDE TARGETINGAffinity, demographics,...

BUILDING EMOTIONAL CONNECTION

WIDE ORIENTED CREATIVE

Adaptation of advertising

SEE

4 BRANDING

Page 74: SEOzone 2015: Lean digital marketing

Adaptation of advertising

THINK 1

2

3 ENGAGEMENT WITH A BRAND

CREATIVE WHICH ENCOURAGES RESEARCH

4 BUILIDNG RELATIONS

SPECIFIC TARGETINGInterest, In-market, topics based

Page 75: SEOzone 2015: Lean digital marketing

Adaptation of advertising

DO 1

2

3

REMARKETING, CLICK STREAM

REVENUE & SALES

FOCUSED ADS

Page 76: SEOzone 2015: Lean digital marketing

1

2

3

50 %lower CPA

50 %higher CR

70 %increase in sales

4 992 % ROI

PRINTINK.SIGoogle AdWords

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CAPTURE THE MICRO MOMENTS

Manageable strategy for every moment

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Use The Power of Customer Match and Remarketing

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1

2

3

143,18 %higher conversion rate

28,85 %lower costs

84,85 %higher revenue

ADRIA AIRWAYSAdWords Remarketing

Page 80: SEOzone 2015: Lean digital marketing

ULTIMATE GOAL IS TO DECREASE CPA

Page 81: SEOzone 2015: Lean digital marketing

+159 %+17 %+95 %

+122 %+127 %+14 %

Revenue

Sessions

CR

Per Session Value

Transacions

Average Order Value

Cost per transaction- 46 %

YTD results (2014 vs 2013)

Page 82: SEOzone 2015: Lean digital marketing

3 BASIC STEPS

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Basic #1:

UNIQUE CONTENT

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Basic #2:

ORGANIC SEARCH

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Basic #3:

REMARKETING

Page 86: SEOzone 2015: Lean digital marketing

Thank [email protected]