Archive for the ‘Business’ Category

How well connected is your brand?

Wednesday, June 25th, 2008

During our discussions over the last couple weeks about whether social marketing is ready for business, I mentioned how you can “…test the viability of Twitter, Facebook, LinkedIn, widgets or what-have-for very low cost.” Seems like at least one political candidate understands this. Mack Collier on Twitter pointed us to an example (originally pointed out by @tawnypress) of Barack Obama using LinkedIn to engage in dialogue with constituents. This is more than just having a profile. They’re actively asking people what they think - and have gotten over 2,500 responses to date. Let’s hope the campaign listens.

Admittedly, these techniques may work better for a politician than other brands, in that most politicians are (at least so far as we can tell), real people. But, since social is about real people, you must have “brand ambassadors” or “evangelists” or just regular, old “customer service folks” (do you really have people in your business not in “customer service”?!?), y’know, real people, interacting with your customers like this. Whether your goal is to be a social marker or sell within social networks, you’ll never do it as a faceless entity. Sure, there are some risks. Maybe your return on investment will fall short of your goal. Maybe your company ambassador will become more famous than your brand.

Maybe you should be so lucky to have that happen.

What are you waiting for? Get out there and mingle, people.

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Build the right metric for your marketing (Pt. 2)

Tuesday, June 24th, 2008

Yesterday, we started looking at how to build the right metric for your marketing. We’d gotten as far as tracking monthly unique visitors by typed/referred domain.

Throughout the process, we had made a number of assumptions, such as what type of URL would get the best results and what duration to track unique visitors. Once you’ve made these types of decisions, move on. Debate your assumptions until your team fully understands the pros and cons of each assumption. But, unless you’ve got better options, some tracking is better than none. From this point forward, you will be tracking the trends of your metrics and validating that the trend correlates to business results. You may find better ways to correlate later. But don’t change the underlying data if you can help it. As long as you’re comparing apples to apples, it doesn’t much matter if the apples are rotten.

OK, now back to our case study. So, what happened next?

To this point in the process, we already knew how we were going to track awareness of the media, by type. What we needed now was a way to track that awareness through to purchase.

Fortunately, this proved relatively easy. When each customer came to our landing page, the site placed a cookie - a small data file containing some distinct identifiers - into their browser. One of those identifiers was a key that told us their source ID - that they’d seen the landing page and whether they’d come from the URL for the billboard or from the print media. The problem was that our e-commerce engine didn’t have a database field for that value. The solution: a simple database that captured both the order number and the source ID. Finally, we made sure to capture information such as name, address, and email address on all purchases, to see if these were new customers or matched individuals already in our database.

To complete the picture, the team developed a weekly dashboard showing the identified metrics:

  • Monthly unique visitors, by source ID (remember, these told us whether the customer saw the billboard or the print advertisement)
  • Net change in monthly unique visitors from the prior week (later versions of the test incorporated year-over-year, once enough data existed)
  • Sales generated, by source ID
  • Net change in sales
  • Ratio of sales to unique visitors, by source ID (aka “conversion rate”)
  • Net change in conversion

That’s it. At a glance, we had a good sense of which media type brought in both prospects and customers, and the change in those numbers over time.

More important, we were able to make changes to the landing page and the ad copy over time to improve the capture rates for both media, increasing sales among a new customer group. And that’s really why having the right metric makes all the difference.

How did we match up to the 7 keys of successful metrics? Quite well. Clearly, our dashboard was tied to business results and were actionable. They also were timely, trended, segmented and meaningful. They also showed us precisely what we wanted to know. And that’s a good day’s work.

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How to build the right metric for your marketing (Guide to Small Business Ecommerce Strategy)

Monday, June 23rd, 2008

growth-chart.pngA comment from thinks reader Robin the other day asked how to measure adoption of a new program. In fact, Robin’s comment gets to the heart of the matter for many people new to online marketing: how do you choose the right metric for your marketing efforts? While thinks has looked at the keys to successful web metrics before, today we’re going to take a look at one specific case for how to build the right metrics for your marketing.

First, you’ve got to start with the business goal. A metric unrelated to your business goal is, put simply, useless. In this case, the goal was to compare the effectiveness of print and outdoor advertising (billboards, mostly) among specific demographic segments in several markets. This might sound complex, but it’s really asking some very simple questions:

  1. Did customers see the advertising?
  2. Did one type of media drive a better response than another?

So, we were trying to count:

  1. The number of people
  2. Which advertising source those people saw; and,
  3. The sales from each advertisement source


That’s it.

That outline provided the basis for the metrics we’d develop. Anything that didn’t measure those three factors didn’t matter. Here’s what we did.

First, we started with how to count the number of people who saw the advertising. In this case, we were marketing to Spanish-speaking customers, which required us to develop a unique Spanish-language landing page. Since we wanted to ensure the page design didn’t influence results, we knew all traffic would have to go to the same page. There are ways to track the influence of those differences, but for a limited duration, low budget test, that was overkill.

If we wanted to know how often those people came, we could look at visits to the page or possibly page views. But our goal was to see how many people we reached. The best metric to track the number of people you reach is unique visitor counts. As you’re about to see, it won’t tell you everything. But it will start you on the right path. Since the test was due to run for several months, and since we knew our typical sales window was three weeks, we decided tracking monthly unique visitors provided the best picture. Weekly or daily counts would have been too short and over-counted traffic. Quarterly or annual counts would have been too long a period and under-counted the results. Just like Goldilocks’ porridge, monthly was just right.

But deciding on unique visitor counts was just the starting point. Since the media would appear in both print and outdoor, we wanted to segment the customers to see which type of media drove traffic. Even though all traffic was going to the same landing page, there’s no need to use the same URL for both. In fact, using different URL’s allowed us to track where customers saw the media. We opted to use a “vanity URL” - a domain name specific to the campaign - each place we ran media, one for print, another for billboards.

While there is nothing wrong with using URL’s like www.example.com/media1 and www.example.com/media2 in your marketing - and there are many good reasons to do so - in this case there was value in having distinct domains for each media channel. First, the campaign was in Spanish. We felt having the domain name appear as www.ejemplo.com (that’s “example” in Spanish) was more likely to reassure our customers than www.example.com/página. Second, we wanted to know whether billboards or print were driving the traffic. Customers who saw our brand may have simply gone to our traditional domain. That’s almost always a Good Thing, but for purposes of this test, wouldn’t tell us what we wanted to know. Keeping the domains custom and exclusive to the media type increased the likelihood that the customer had seen, and was reacting to, that specific medium. So, by using the URL ejemplo-uno.com (not the actual domain) for billboards and ejemplo-dos.com in print media, we could then track which medium the customer had seen. This changed our metric to monthly unique visitors by typed/referred domain.

Notice throughout this how the design of the tracking influenced the design of the campaign and vice versa. When planning for your campaigns, you also must plan for what you’re looking to measure. Almost like Murphy’s Law, ignoring what you’re trying to track while building your campaign tactics guarantees you won’t have the data later to support your efforts.

At this point, we had enough information to begin tracking how many people acted on the ads. But awareness isn’t a goal. Revenue is. Tomorrow, we’ll take a look at how the team was able to track the efficiency of the different media types and how that grew revenues.

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Comcast and Twitter (Sorry. No chickens this time).

Monday, June 2nd, 2008

Not long ago, Michael Arrington wrote about his experience getting support from Comcast after mentioning their service - negatively - on Twitter. Well, it seems I’ve joined rare company. Er, on the Comcast front. Chickens, not so much.

I, too, recently maligned Comcast on Twitter, due to a series of partial and complete service interruptions (mostly of my television service. Internet was sluggish, but more or less functional). And within a couple of minutes, I got a response from a Comcast representative, giving me an email address (we_can_help@cable.comcast.com) for me to get help with my issue. Since then, I’ve had continuing contact with Comcast field supervisors, office personnel and service technicians hell-bent on resolving the problem. And they did. Not only is my cable service now whole again, but my Internet service is faster, too.

Maybe the Comcast folks hoped I would say something positive. Maybe not. They never asked me. But, two things impressed me throughout the whole situation:

  1. The dedication of the people I talked to at Comcast. I don’t know if these are the regular customer service reps. I don’t know if they’re specially trained. I do know that each one focused on addressing my concerns and did so with grace and consideration.
  2. Comcast clearly has their finger on the pulse of where customer complaints take root. That’s not surprising given their history. But, they’re clearly trying to improve that perception. The reality behind that perception, too, I gather. I only hope they provide equivalent service to customers who call their support lines, not just those of us with bully pulpits.

The lessons here:

  1. Tools like blogs, and Twitter - when it’s working - provide your business with an “early warning system”, a place to hear what’s on your customers’ minds. And a way to engage with those customers to resolve their issues. Both big points in Arrington’s original post. Using tools like Tweetscan, Comcast has put their emphasis on dousing these issues before they turn into raging fires. Maybe Comcast hopes those customers will say something nice. Maybe not. But the negative comment a customer doesn’t make carries its own rewards. Not least of which is the likelihood you’ll retain that customer.
  2. Want your employees to do their jobs well? Give them a clear mission and get out of their way. The Comcast employees I dealt with seemed to place my satisfaction above all else. And satisfied, I now am. Whether that would have happened if Comcast put its focus on traditional “customer service” center metrics like talk time is doubtful. These people knew they were supposed to make me happy. And they did.

My “Twitter friend” Brian Solis has an ebook about using social media to improve customer service and, ultimately, marketing. It’s worth the read.

What’s your customer service story? And does your team know how much value you place on customer service? Let us know in the comments.

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Small Business Ecommerce Link Digest - May 23, 2008

Friday, May 23rd, 2008

Obviously, the focus here at thinks is helping you build your business using e-commerce and the internet. But long-time readers may have noticed a not-so-subtle shift lately into talking about search engine marketing (SEM), search engine optimization (SEO) and pay-per-click advertising (PPC). The reason is, today, these tactics dominate how customers find your business online. Want proof? Read on, dear friend.

OK, so search is all well and good today. But, what’s next? The most likely outcome - certainly the most widely touted - is the shift to mobile search. I’m bullish on the growth of mobile search. And, apparently, I’m not the only one: the guys at Read/Write Web have a new Report titled The Mobile Web is the New Hangout that talks about where we’re going. And Search Engine Land talks about how NearbyNow plans to make local (product) search widely available.

Well, folks, that ought to be enough to keep you on your toes this long holiday weekend here in the States (and the early part of next week for those outside the US). Have a great weekend. We’ll see you right back here next week.

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Blogger Appreciation Day: Favorite reads

Tuesday, April 15th, 2008

Blog RSS icon courtesy of Sr. Cosa de Daniel Henriquez on FlickrRobert Gorrell at GrokDotCom listed blogs he appreciates as part of Darren Rowse’s Blogger Appreciation Day. I was thrilled that Robert included me in his list. I was also struck by the overlap between his list and the blogs I read regularly. So, with all due credit, I’m republishing Robert’s list here with 2 additions, GrokDotCom itself and Robbin Steif’s LunaMetrics.

Enjoy!

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