Online Marketing for Startups | 2015 Philipp Klöckner @Plug and Play Accelerator

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Online Marketing for Startups Overview & First Steps 03/20/2022 1 Philipp Klöckner | @pip_net | PK.de | Slides: clk.me/pnp

Transcript of Online Marketing for Startups | 2015 Philipp Klöckner @Plug and Play Accelerator

Page 1: 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

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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

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04/15/2023Graphic by LUMA Partners LLC 2013

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The Display Ecosystem

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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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04/15/2023builtwith.com/zalando.de 17

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

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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

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04/15/2023Source: Google 38

Customer Journey & Attribution Modelling