Top 5 PPC Pitfalls

March 25, 2010 by Kevinharlow · Leave a Comment
Filed under: Digital Lead Generation, paid search 

I just read a great article on Pay Per Click in the Multichannel Merchant about the top 5 things marketers get wrong in PPC campaigns… thought you would find this interesting – especially if you attended our Google AdWords Webinar.  If you missed this Webinar, just view our on-demand library to get the basics on starting your own PPC campaign. 

Check-out these 5 pitfalls to help you to…

  • drive qualified prospects to your site
  • improve click-through rates
  • be more strategic about your bidding
  • lower your costs-per-click

All Aboard the SEM Bandwagon!

A recent Forrester study shows what all of us already know.  Marketers will continue to shift dollars from traditional media and traditional direct marketing to online direct marketing. 

I like Target Marketing Magazine’s research summary overviewing the growth factors in SEM, SEO, online advertising (a.k.a., Pay-Per-Click) and Email Marketing which are among the listed 16 online marketing trends.

More than 80% of marketers are using paid search and SEO and plan to expand search into more segments. As consumers search more online, Google’s AdWord inventory continues to grow.  All music to marketers’ ears as you expand your paid search and SEO efforts. 

Online advertising, “performance-based” media buys and integrated email marketing are also slated for substantial growth through 2014.

Why digital makes sense in your marketing mix

Sometimes the most targeted campaign is still missing something.

Sometimes the most targeted campaign is still missing something.

By: Adam Henige

While more and more organizations have at least begun to dip their toes into the world of search marketing, some still fail to see how it will fit into a traditional marketing campaign or precisely how it supplements more traditional methods.

I’ve been fortunate enough to have this discussion in-person with a variety of audiences. It’s been well documented how successful email marketing and direct marketing campaigns can be, particularly when built on excellent lists.

Add onto your mail/email marketing with traditional media buys in print/radio/television with highly targeted demographic ads and you’ve really covered your bases, right? Well, from a push marketing perspective, you sure have (and we’re not even getting into newer media like blogs, Twitter, and Facebook). 

But, what about those people whom you just can’t seem to target?

There will always be a group of people who want what you’re selling, but either don’t know they can get it, or don’t know that you provide it. But when they finally decide to look for a solution, how will they find you?

Well, think about it yourself. How do you find things? Conservative studies have shown that from a retail perspective over 42% of people find Web sites by using search engines. More importantly, compared to the other forms of advertising, a Web site provides you with a stationary audience.

The more complex, innovative or differentiated your product is, the more important it is to provide a detailed and immersive Web experience. Companies who get this have integrated their marketing strategies - using traditional media as a vehicle that often supports a strategic Web experience that captures and maintains the interest of potential customers, hopefully for multiple visits.

So while traditional media can certainly be an effective tool to finding your target audience and generating leads and sales, online search helps widen the net.

Especially in this day and age — it’s just not an option to leave money on the table by missing customers who may literally be heading to Google and asking for your product, which is why digital marketing makes more and more sense as a piece of the marketing mix.

Adam Henige is Managing Partner of Netvantage Marketing, a Strategic Partner of ICS located in East Lansing, Michigan.

Triggered Communications Raise Email Response Rates and Conversions

There has been a lot of discussion from the recent DMA and around ICS regarding Triggered Communications.  Why all the buzz?  Quite simply it is driven from the successes that larger organizations are starting to see in this area. 

While email response rates are continuing to be challenged, Triggered Communications are a key component to adding relevancy to the communications.   And just like any form of communications, the more relevant and engaging, the more likely it is that you will get your message not only opened, but responded to.

A new conversation can be triggered from almost any customer touch point:

  • External factors – website forms, shopping cart abandonment, customer service, etc.
  • Messages – email activity (opens, clicks, unsubscribe, etc.), address change, etc.
  • List – subscribe, profile update, and address change
  • Link – specific link in email message

Once the “customer or prospect event” is captured, you can set a communications cadence around the key attributes of this event.  These campaigns allow you to communicate with each subscriber individually based on his or her behavior or response.  Because the messages are related to the specific action taken by the recipient, the conversations are natural and progressive, not sporadic and interruptive. 

For example, a prospect clicked on an email to find out more information on your product, but did not take advantage of the offer.  In the case of triggered communications, we can capture all “like prospects” and design communications cadences specific to this marketing situation. 

LisTrak Conductor Picture b 11.9

These automated campaigns can be structured to follow up in a period of time after their initial response, or even so many days before the offer expires.   Content can be specific to the link they clicked, or specific to the fact that they opened the email and didn’t click on a link.  Testing strategies can be easily incorporated into the process as well.

According to Forrester Research’s US Interactive Marketing Forecast 2009-2014, marketers are taking on a more strategic leadership role in organizations because of their close connections to customers and prospects.   Transactional, triggered email communications are on the rise because they improve open, click and conversion rates dramatically.  

This builds off from the marketing foundation that a “handraiser” is one of your most effective prospect segments (from a percentage basis).  Adding relevant and engaging follow-up communications will nuture leads through the sales cycles to drive more sales.  

Give one of our account managers (or myself) a call to discuss triggered communications in more detail.  

 

 

ROI-based Search

Here’s a DMNews article about setting-up a paid search budget based on profitability.  I found it interesting for two reasons.  1)  We just broadcasted a webinar on paid search and discussed budget setup and controls and 2) We just happen to be strategizing on how to expand our own marketing success in paid search from one area of our company to other areas – all, of course, while keeping profitability in mind.

It struck me that the author overlooked some important points to keep in mind when setting-up a profitable paid search budget.

In many cases – including ICS’s – the company has a diverse product / service mix.  So when thinking about what to spend on key paid search terms, don’t just look at the price tag of the search term and the profit margin of the product / service you’re marketing.  Consider search terms that may provide cross-over sales opportunities as well.

Also, ask yourself if you’re using the best possible search term that would provide the highest quality sales leads at the best price… and if you can get some cross-over marketing into other areas of your products and services, then even better.

Chances are there are some lesser cost (and higher sales value) alternatives to that high price search term that could blow your budget’s profitability.

And don’t forget to keep a close eye on your paid search program.  Don’t just set it and forget it.

The great thing is… if your initial keyword selection isn’t giving you the results you thought it would, then you can always adjust your program immediately based on what your response data is telling you.

http://www.dmnews.com/Set-your-search-budget-to-be-based-on-its-profitability/article/139312/

Search Engine Optimization is a long term investment

I was connecting with Adam Henige, our strategic partner from Netvantage Marketing this week about all of the cool and trendy social networking tools that are appearing everywhere it seems.  We are now Twittering on Good Morning America!

But how do these new marketing tools really compare to the fundamentals in the Digital Services arena like Search Engine Optimization.  As Adam explains below, this is more of a longer term investment and very analytically/metric driven.  While the new social networking tools have their place, SEO has proven to be a constant contributor to targeted digital lead generation in the long run.  Take a read through his thoughts below:

We live in an instant gratification world anymore, and it somehow manages to become even more instantaneous with each passing day. Twitter is a perfect example of this.  If you haven’t “tweeted” yet, you’re probably going to be considered unhip by teenagers and the tech savvy, and you’ll also be left out in the dark as to what everyone you know is doing at every second of the day.  Businesses, of course, have jumped on this bandwagon and are courting followers and fans through these channels and (some better than others) promoting products and services and attempting to build brand loyalty.

Some of us who earned our stripes in more traditional online marketing (does anyone remember SEO, pay per click and banner advertising?) are going to have to continue to get better at selling the value of a service that often seems to be getting no results, or moving at a snail’s pace.  Social media appeals so well to the instant gratification crowd, as you can get huge blasts of traffic through to your site from Digg, Reddit and Stumbleupon, but often this success is fleeting.  Twitter can be a great tool to engage customers and prospects, but still lacks a great ability to target.

I’ve spent months, and sometimes years on sites to finally get that high ranking that starts driving the “dream traffic” you want to your site.  The hard part is trying to keep someone paying for this service, when all you can show them is an increased ranking…but no revenue.  The truth is, even for highly targeted terms, being on page one of search results simply isn’t good enough to get a significant portion of traffic.  If you’re not in the top three listings, you’re still not even playing the game.  In competitive markets, getting from 15th to 1st can be incredibly difficult, and may take months or years.  But depending on what product or service that keyword relates to, getting to the top can mean literally thousands of visitors coming through to your site who have already expressly stated they want what you have.

Let’s put it this way, if you sold coffee, this would be the equivalent of magically appearing in front of someone right after they decide, “I need a cup of coffee.”  No trip to Starbucks, or the grocery store to look at competitive products, they ask for coffee and you’re there, and you have the first opportunity to sell.  How much is that worth?  And can you afford not to make that investment?  The truth is, if you don’t, someone else will, and those who do won’t be worrying about jumping on the next digital marketing bandwagon, at least not with the same urgency.

Adam Henige is a Managing Partner at Netvantage Marketing, an ICS Strategic Partner specializing in paid search management, SEO, and web analytics.

Volume down as prices go up for USPS. What does it mean for Marketers?

May 11th is the date targeted for postage rates to go up across the board.  The average rate increase is about 3.8% and does vary by segment.  Of course, the behind the scenes story contributing to the increase is the decline in recent mail volume … with a 9.5 billion piece decline in mail for 2008.   According to the USPS, “Declining mail volume was a symptom of the worsening national economy, particularly related to the financial and housing industries and to trends toward the use of electronic mail.”

While I am sure the economic climate is an element here (isn’t it the blame for everything these days?), I think the “trends toward the use of electronic mail” are an even greater longer-term issue for the USPS.  And as they are forced to raise prices, it will not make matters any better.

Clearly, companies are having to look at every dollar these days.  Utilizing the most customer-effective and cost-effective communications is certainly an area that nearly all companies are reviewing.   And as most things go, technology continues to bring new solutions to the table that enable the small- to mid-sized companies to do what only the larger companies could do in years past.

What do you look for if you are one of those companies evaluating your customer communications?  

  • Likely you will want a partner to help navigate the increasing complex data management issues that come with multi-channel marketing integration
  • The organization should also have deep expertise across traditional and digital channels (both technical and strategic)

We see the continuation of these trends (lower mail volumes, stronger use of electronic communcations) for the forseeable future.  And yes, a continuation of the increases from USPS.

Welcome to the new ICS Advisor – the first ICS Blog site

December 19, 2008 by Kevinharlow · Comments Off
Filed under: General Marketing 

Welcome to the new ICS Advisor – the first ICS Blog site! The focus for this site is to provide a valued resource to guide your marketing efforts. With the many challenges for today’s marketers (advances in technology and digital tools, economic pressures), our goal is to provide ongoing dialogue on smarter and more cost-effective marketing approaches that help businesses acquire new customers or retain existing ones. We appreciate your feedback along the way.