Ketan, Here’s a traditional outline for speaking: Open 3 main points, in this case: – Old versus...
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Transcript of Ketan, Here’s a traditional outline for speaking: Open 3 main points, in this case: – Old versus...
Ketan,Here’s a traditional outline for speaking:• Open• 3 main points, in this case:
– Old versus new processes– New approach (with case study)– Deliverables/expectations of new process
• Close• Thank you• 18 slides or under• Bullet points, not paragraphs of verbiage• Handouts contain more of the “meaty” material
Profitably Grow Your Business through
Internet Marketing
2/26/2010
Principles of “New Marketing”
“Marketing is a science. It is about experimentation, measurement, analysis,
refinement, replication.
You must be willing to change your mind.”
Sergio Zyman - Former CMO Coca Cola
Purpose: Sell More Product
• Strategy is the boss• Figure out what is desirable and
make what you have to offer desirable
• Sameness doesn’t sell• Measure each brand and marketing
region regularly and often • Use the right yardsticks
Online Marketers Dillema
Traditional Marketing• First What - Differentiation
– Product Features– Service Benefits– Solution Elements
• Then Who - Targeting– Market Segmentation– Ideal Customers– Competition
• Finally How – Execution– Develop Sales Force – Territorial Expansion
Regional– Monitor Costs of Sales
Online Marketing• First How – Discovery
– Search Demand– Traffic Analysis– Search Marketing
Competition
• Then Who - Intent– Identify Intent– Map personas– Establish Trust
• Then What - Offer– Optimize Usability– Provide Value– Present Offers
Value InnovationLower costs and increase valueto create a unique value innovation
Costs
Buyer Value
Value Innovatio
n
Source: Blue Ocean Strategy
Iterative Approach• Assess
– Market– Offers (revenue generators)– Website
• Measure– Key Conversions (KC’s) and Revenues
(RPA)– Personas based Search Engine
Marketing– Optimized Conversion Pages (KCP’s)
• Analyze– KC’s vs. expectations– Map Keywords to Conversions– Recommendations and Tests
• Improve– Test Matrix (Conversion Rate, Value,
Quality)– Expand Content– Search Optimization on Expensive
keywords• Evaluate
– Quarterly Evaluation and improvement– Search Demand Analysis– Persistent Marketing Opportunities
Use Case: Client: • Esenasoft develops Ipod applications and online games for kids.
They have developed over 30 games targeting the 5-11 year old market.
Problem:• Insignificant Revenues from games developed @ established rates• Games valued by kids however purchased by adultsActions• Test Add (?) supported model as alternative business model• Create client loyalty and repeat usage through SEO• Integrate educational value into games to incentivize parents to
purchaseResults• Traffic grew by 6500% in 6 weeks• Downloads increased from 12k (Nov-2009) to 176k (Jan-2010)• Increased revenues of $8k in 1 month and expected doubling
within 3 months
EsenaSoft ResultsSources Visits % visits
(direct) ((none))
11/1 – 12/20/09 32,171 62.07%
9/12 – 10/31/09 0 0.00%
% Change 100.00% 100.00%
google (cpc)
11/1 – 12/20/09 16,813 32.44%
9/12 – 10/31/09 0 0.00%
% Change 100.00% 100.00%
fulltraffic.net (referral)
11/1 – 12/20/09 1,663 3.21%
9/12 – 10/31/09 0 0.00%
% Change 100.00% 100.00%
google (organic)
11/1 – 12/20/09 493 0.95%
9/12 – 10/31/09 0 0.00%
% Change 100.00% 100.00%
dev.ensenasoft.com (referral)
11/1 – 12/20/09 113 0.22%
9/12 – 10/31/09 0 0.00%
% Change 100.00% 100.00%
Deliverables By Phase
• Assess– Behavioral Matrix– Conversion Funnel– Current Footprint
• Search Engines• Site Traffic• User Profiles
– Recommendations• Key Measures• Additional Goals• Test Design
AssessMarketRevenue GeneratorsKeywordsWebsite
Deliverables By Phase
• Design– Keyword Scaffolding– Initial SEM Campaign– Conversion Event Test– Site Analytics – Goal Tracking
MeasureKey Conversions and Revenue ValuesPersonas based Search Engine MarketingOptimized Landing PagePlot Distribution for all measures
Deliverables By Phase
• Test– $500 SEM Initial Test– Verify User Persona and Behaviors– Establish Base Conversion Rate– Optimize Landing Page for Revenue
MeasureKey Conversions and Revenue ValuesPersonas based Search Engine MarketingOptimized Landing PagePlot Distribution for all measures
Deliverables By Phase
• Analyze– SEM Performance– Keyword Strategy – Search Footprint– Traffic Comparison PPC vs SEO
EvaluateQuarterly Evaluation and improvementSearch Demand AnalysisPersistent Marketing Opportunities
Deliverables By Phase
• Improve– Additional Revenue Events– Optimize SEM Campaign– Implement SEO/Content Strategy– Test Radical Redesign– Offer Testing
ImproveTest Matrix (Conversion Rate, Value, Quality)Expand ContentSearch Optimization on Expensive keywords
RecommendationsInnovate everything including
business modelsLook to meet existing customer
demandFocus on value innovation to increase
profitsMarket to multiple Personas to
increase conversionsMeasure and Test to evolve your
business
Contact
Thank you!
Resources• Blue Ocean Strategy –W. H. Chang
www.blueoceanstrategy.com• The Persuasion Architecture – Brian Eisenberg
www.futurenowinc.com• Marketing Experiments – Flint McGlaughlin
www.marketingexperiments.com• The Innovators Solution – Clayton Christensen
www.theinnovatorssolution.com• The Speed of Trust – Stephen M. R. Covey
www.speedoftrust.com • A Whole New Mind – Daniel Pink
www.danpink.com