SearchLove Boston 2013_Neil Patel_Consulting Lessons from the Frontline

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CONSULTING LESSONS FROM THE FRONT LINE Neil Patel KISSmetrics Monday, May 20, 13

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Transcript of SearchLove Boston 2013_Neil Patel_Consulting Lessons from the Frontline

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CONSULTING LESSONS FROM THE FRONT LINE

Neil PatelKISSmetrics

Monday, May 20, 13

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@neilpatel #KISSmetrics

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DOING BUSINESS ON THE WEB FOR

10 YEARS

BEEN BOTH A CONSULTANT AND HAVE HIRED CONSULTANTS

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Make your customers happy!The lifeblood of your business is your customers. They interact with you and even pay you… Without them you wouldn’t be in business.

- What do your customers want?- How can you satisfy them?- Can you create a business?

“We asked ourselves what we wanted this company to stand for. We didn't want to just sell shoes. I wasn't even

into shoes, but I was passionate about customer

service.” Tony Hsieh

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LESSON #1

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Harder to gain clients, so keep them

ONLINE MARKETERS WITHWebsites

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Lets make customers happy

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GIVE THEM CALLSBiweekly!

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SURVEY

ARE YOUR CUSTOMERS HAPPY WITH YOUR WEEKLY CALLS?

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WEEKLY PROGRESSUpdates?

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PROGRESS UPDATES

WHAT DID YOU ACHIEVE THIS WEEK AND WHAT DIDN’T YOU ACHIEVE?

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WHAT ABOUT MONTHLYReports?

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MONTHLY REPORTS

WHAT WAS THE RESULTS OF YOUR WORK FOR THE MONTH?

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LESSON #2

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ROI!

$7.35COST PER SIGN UP

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What is User Experience?

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Create content

505POSTS

20,000COMMENTS

51INFOGRAPHICS

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WE’VE DESIGNED & MARKETED

OVER 50 INFOGRAPHICSMonday, May 20, 13

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WE’VE DESIGNED & MARKETED

OVER 50 INFOGRAPHICSMonday, May 20, 13

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5KTweets

6KLikes

1Radio Show

CASE STUDY

HOW DO COLORS AFFECT PURCHASES?

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2kTweets

600Likes

300LinkedIn Shares

CASE STUDY

BOUNCE RATE DEMYSTIFIEDMonday, May 20, 13

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2kTweets

1kLikes

366LinkedIn Shares

CASE STUDY

WHAT MAKES SOMEONE LEAVE A WEBSITE?

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What’s your ROI

#measure

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Don’t just track ROI, pitch ROI!Tracking a company’s ROI is one thing, but before you even accept them as a client you should pitch them how much money you can make them.

- Current traffic- Estimated increase- Conversion rate- Average revenue per sale- Profit magins

“Show me the money!”Jerry McGuire

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LESSON #3

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Creating and signing ideal contract

AnalysisWhat’s wrong?

$0Pricing options

Social proofTestimonials

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Prove yourself

WHO DID YOU WORK WITH?

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Include a FREE analysis

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Contract terms

OUT CLAUSEMILESTONE BASED

PACKAGESPRICING OPTIONS

1 YRAUTO-RENEWAL

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Assume you’ll be passed around

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LESSON #4

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You can’t run a SEO agency like a SEO

YOU NEED TO LEARNBusiness

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Make deals happen

YOU NEED TO LEARN TONetwork

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What is User Experience?Optimize for happiness

WASTING MONEY WILLKill Your ROI

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Measure and optimize your businessFocus on actionable metrics for your business. It’s easy to drown in a sea of vanity metrics. Hone in on the metrics that matter based on your own specific business goals.

- Net Promoter Score- Churn- Average revenue per customer- Employee happiness- Profitability

“Be metrics driven and test a lot."

Mark Suster

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What is User Experience?Don’t be too greedy

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Build a culture you can be proud of

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LESSON #5

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Be an expert, not a jack of all trades

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Consulted 8 marketing agencies

49%INCREASE IN CUSTOMER HAPPINESS

37%INCREASE IN PROFITABILITY

61%INCREASE IN LTV

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What’s your niche?

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Be consistently awesome

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LESSON #6

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What is User Experience?In house VS consultants

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The best solution is the effective oneFigure out where your strengths and weaknesses lay in your organization. Then use consultants to fill in the gaps.

- Optimize for speed- Design for results- Remove bottlenecks- Reduce scope

“Efficiency is doing things right; effectiveness is doing

the right things.”Peter Drucker

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Who are your leaders?

EMAILSOCIALCONVERSION

AFFILIATE SEO PAID

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What is User Experience?Optimize for speed

LEADERS SPEEDThings Up

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LESSON #7

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Engineers need love!

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The easy route?

ENGINEERS LOVE BRIBES

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The better route

ReviewOpportunities

IdentifyOpportunities

Start GoldenMotion

Build

MeasureLearn

Share Learnings

from GoldenMotion

Use Feedbackto Improve

Process/Team

Vote Whereto Focus

Split intoTeams

GOLDEN MOTION PROCESS

ONE FOCUSEveryone has a Voice - Lean - Small Collaborative Teams

Data Informed - Continuous Improvement

THE LEAN STARTUP

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THANK YOU!

Neil Patelquicksprout.com

[email protected]

Monday, May 20, 13