Online Marketing for Startups | 2015 Philipp Klöckner @Plug and Play Accelerator
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Transcript of Online Marketing for Startups | 2015 Philipp Klöckner @Plug and Play Accelerator
04/15/2023 1
Online Marketing for
StartupsOverview & First Steps
Philipp Klöckner | @pip_net | PK.de | Slides: clk.me/pnp
04/15/2023 2Philipp Klöckner
2005 2010 2015
Philipp KlöcknerConsultant & Angel InvestorSearch & Organic Growth
@pip_net
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Agenda1. Intro2. General Trends3. Online Marketing Methods
1. Display Advertising2. Video Advertising3. Search Engine Marketing4. Social Media Marketing5. Email Marketing & CRM6. Affiliate Marketing7. Classifieds & Marketplaces8. Content, Native Advertising, Apps
4. How To Get Started5. Common Pitfalls & Best Practise6. Q&A
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"Half the money I spend on advertising is wasted; the trouble is I don't know which
half."John Wanamaker – Marketing Pioneer
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Key AdvantagesOffline Marketing Online Marketing
Accountability?Brand Awareness Plans & BudgetingWaste coverage
Tracking!Sales/Performance
Live Data & AdjustmentsTargeting
VS
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Advertising Growth = Purely Digital
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Digital #1 Media Category
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Performance Prevails
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The Mobile Shift
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Formats & Channels
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KPIs & Metrics• CPM, CPC, CPO, CPL, CPI• BUT: Effectively you might pay eCPM for Publishers• RPV, AOV, ARPU• ROI, ROAS• Conversion Rate, Capture Rate• Reorder Rate, Churn Rate• CLV vs. CAC• Share of Voice
• Start Tracking to Gather Data and Insights!• Tools: Google Analytics, Webtrekk, Adobe + DWH
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Agenda1. Intro2. General Trends3. Online Marketing Methods
1. Display Advertising2. Video Advertising3. Search Engine Marketing4. Social Media Marketing5. Email Marketing & CRM6. Affiliate Marketing7. Classifieds & Marketplaces8. Content, Native Advertising, Apps
4. How To Get Started5. Common Pitfalls & Best Practise
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Display Advertising
04/15/2023Graphic by LUMA Partners LLC 2013
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The Display Ecosystem
04/15/2023Source: Nugg.ad 15
Simplified (a lot)
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Analyze Display Tech Setup
Chrome Plugin: clk.me/ghostery
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Marketing Tech
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Display: Getting Started
• Programmatic/RTB only• Segment by Engagement (or Revenue Potential)• Test & Analyse (incl. Attribution or Black-out) • Retargeting (Existing Visitors)
o Google Remarketingo Facebooko Criteoo Sociomantic
• Abandoned Baskets, Micro Conversions, B2B Leads• Reactivation (Existing Customers)• Prospecting
o Identifying Similar Users (Statistical „Twins“, Lookalike Audience)
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Video Advertising• 1bn users, more than 1bn video views per day• Native YouTube channel (Good Luck!)• Native Advertising in 3rd party channels• Formats
o Display Ads (upper right)o Overlay Adso Skippable Video Ads (TrueView)o Non-Skippable In-Stream Ads
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Search Engine Marketing
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SEA: AdWords Campaign Setup
• Architecture follows search demand and landing page structure• Most settings campaign specific
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SEA: Best Practise• Include „Learning Budget“• Use AdWords Conversion/Ecommerce Tracking• Consider Bid Management Software• Use bid adjustments for
o Mobile/Desktopo Day of the weeko Time of dayo Geo Location
• Make use of Ad Extensions whenever suitable• Constantly test ad copy/creatives for CTR & CVR
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Search Engine Optimization
Content
• Titles & Headings
• MetaDescriptions
• Relevance• Unique• Useful• Digestible • Persuasive• No „SEO-Text“
Popularity
• Links & Mentions
• PR / Buzz• Brand Search• Direct Traffic
Architecture
• Accessibility• Markup• Indexing• Internal
Linking• Prioritization
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SEO: Best Practise• Empathy: Understand search behavior and intent• Quality over Quantity – Great evergreen URLs• Focus on few strong landing pages• Prioritize main pages in site structure• Create what‘s needed - but reduce to the max• Use PR and existing partners for link building• Reengineer A+ links of competition and similar
sites
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SEO: Investment Case
04/15/2023Footer Text 26
Social Media Marketing
• Facebook (Twitter, Instagram, Pinterest)• Owned Media, Earned Media, Paid Media• Facebook Targeting:
o Locationo Demography o Interesto Fans of…o Behavior o Workplaceo Custom Audience (emails, UserIDs)o Lookalike Audience (low brainer)
• Efficient HR Marketing
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Social Ad Intelligence
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Email Marketing & CRM
• 3rd Party email lists usually „oversold“• Try to „generate“ subscribers through alerts,
agents, deals, newsletters, orders, etc• Reactivation of own userbase very powerful• Direct impact on CLV (creates ex-post profitability)• Segmentation & Personalisation• Context: Time, Location, Recency• Probably most important channel for CLV based
business models• CRM Channels: Phone, eMail, Push, Display, FB, GG
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Affiliate Marketing
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Affiliate Marketing
• Usually CPO-based („riskfree“)• Publisher Models
o Contento RTBo Couponingo Cashback/Loyaltyo All trades of scam…
• Hard to measure incremental revenue• Risk of cannibalization • Needs good understanding of attribution and
customer journey
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Classified & Marketplaces
• Arbitrage Channel• BUT: Cannibalization Effect• Syndication = Duplicate Content• Classifieds: Quite intransparent• „Agency Model“
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Other Channels• Content Marketing & PR• Native Advertising & Advertorials• App Marketing• Offline, TV, Out of Home Media• Trade Fairs, Expos, Industry
Events• What else?
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How To Get Started• Focus on key channels (Which?)• Understand CLV vs. CAC• Build Cohorts• Marketing in Company DNA
o Data & Trackingo HR, Recruiting & Team Setupo C-Level Attentiono Knowledge Supply
• Inhouse vs. Agencyo Marketing is 50% of your business o You cannot outsource successo Agency Dilemmao Solutions
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Principal Agent Theory aka. „Agency
Dilemma“
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The Power of Segmentation
https://medium.com/venture-capital-growth-hacking/understanding-customer-acquisition-costs-74aec7538b4d
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Marketing Intelligence
www.similarweb.com/website/beepi.com
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Instead of Trial & Error
SlideDeck: clk.me/smx2015
04/15/2023Source: Google 38
Customer Journey & Attribution Modelling