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Sense of Urgency

November 29th, 2006 No comments

Does using urgency in an order process increase conversion and drive more sales?

Whether you are a car dealership buying time on television to announce offers and discounts on all vehicles purchased before a particular date, or you’re an online company selling products, information products, subscriptions or courses, using a cut-off date will almost always increase sales.

However, while using urgency is a powerful promotional tool, it should not be used indiscriminately or without forethought.

When we were planning our tests on this topic, we kept the following guidelines in mind:

  • The urgency should be genuine and not simply created as a promotional gimmick. The growing sophistication of online audiences means that many people can and will recognize "manufactured urgency".
  • Even the legitimate use of an urgent message will still be recognized as a promotional tactic. So if your message is not completely genuine and honest, you run a very real risk of losing the respect and loyalty of some of your readers.
  • The use of urgency on an offer page can be a very powerful tool, but is not something you can do all the time. If you do, you will lose credibility.

Therefore, when you are using the urgency tactic, take steps to maximize traffic to that page during the offer period. This may involve the use of promotional emails, offline PR, increased spending on PPC and whatever other traffic-building strategies work best for you

  • Understand that you can use implied urgency as well as direct urgency.

While simply adding an "offer expires on this date" starburst on your page may seem like a very simple way to boost sales, our own experience tells us that you will do better with careful and thoughtful planning.  See our brief on the subject here, Offer Page Optimization.

Number of Enrollments

Categories: Internet Marketing Strategy Tags:

MEC Labs Acquires MarketingSherpa

November 3rd, 2006 No comments

We are pleased to announce that we recently acquired MarketingSherpa. Here is a press release that includes more information:

We are getting alot of positive feeback on this acquisition and are glad you are all as excited as we are…

Here is a letter from Sherpa founder Anne Holland:

Dear MarketingSherpa Reader,

I’m writing to you today *before* the official press release goes out so you’re the first to hear we’re being acquired by MEC Labs Group.

Nothing drastic will change. We’re keeping our same name, our staff, our regular publications, and yes, our Warren, RI, headquarters. And our goal remains the same — to conduct new research into what really works in marketing via Case Studies, Benchmark Guides & Summits.

Plus, now our research for you will be supplemented by the team at MEC Labs Group. They run an actual laboratory facility in Atlantic Beach, FL, where they conduct live campaign experiments in partnership with folks such as The New York Times and Reuters.

So, we’ll keep doing anecdotal research for our exclusive Case Studies as well as primary studies for our Benchmark Guides. Plus, we’ll be able to partner with their scientists and statisticians to run live experiments on cutting-edge marketing tactics for which there is no otherwise reliable source of response data.

Back in March 2000, when I founded MarketingSherpa from my second bedroom (yes, honestly), I dreamed it would grow to be the most tremendous source of practical research for the marketers of the world. Now we’re at 237,000 readers, three main offices, and nearly 700 case Studies. It’s been an incredibly satisfying and exhilarating ride!

And now things will speed up even more. I’ll still be here (naturally). Our team is just getting bigger — both at the MarketingSherpa brand and also with the ability to lean on the research and technical team at MEC Labs.

Who is MEC Labs?

They’ve deliberately flown under the radar for the past five years — so although they conduct cutting-edge, primary research about marketing tactics such as video ads online, search marketing, and A/B email tests, outside of their own 50,000 newsletter readership, many other marketers have not heard of them.

I first met Lab Director, Dr. Flint McGlaughlin, four years ago when he spoke at one of our Summits on the topic of marketing paid subscriptions to Web sites. I was so impressed I asked him to return to give more Case Studies about his team’s experiments at future Summits.

Then, earlier this year Flint invited me down to his headquarters in Atlantic Beach, FL, (near Jacksonville in northeastern Florida.) The beach right outside the lab’s offices was magnificent, but I was most impressed with his research lab and team. It felt a bit like what you might imagine a Hollywood set director would create for a marketing laboratory. Glass walls, giant view screens, earnest technicians, and concentrated quiet while experiments were under way.

I was hooked. Wouldn’t it be marvelous if we could work together to get practical data for marketers? Well, now we will be.

Plus, I re-double my invitation for you to attend our B-to-B marketing Summit in San Francisco in less than two weeks (Nov 13-14). Yes, the MEC Labs Group leaders will be there so you can meet them in person and put in your requests for the types of experiments you’d like to see us and them run in the coming year.

Here’s a link to the Summit info:

http://www.sherpastore.com/B-to-BDemandGenerationSummit

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And, as always, if you have any questions, feedback — or in this case concerns — for the team at MarketingSherpa, contact us immediately.

Our service team is available Monday-Friday from 9am-7pm ET at (877) 895-1717.

Thanks for your part in making MarketingSherpa the most popular research publication in our industry.

Sincerely,

Anne Holland

Founder & President

MarketingSherpa Inc.

499 Main Street

Warren RI 02885

(877) 895-1717

service@marketingsherpa.com

http://www.marketingsherpa.com

… now becoming part of

http://www.meclabs.com

Categories: Internet Marketing News Tags:

Sample Viral Videos Used in MEC’s Video Research Project

November 1st, 2006 No comments
Categories: Video Tags:

Our Favorite Viral Videos

August 25th, 2006 1 comment

Here are a few examples of what we feel are great viral videos:

1. Terry Tate, Office Linebacker

We like this (maybe we can relate) but why in the world did Reebok take the page on their site down that it points to?

2. The German Energy Drink Commercial:

Make sure your volume is turned WAY up.

3. What are You Thinking About?

We laugh every time we watch it!

Categories: Video Tags:

Presentation from Video Conference Call

August 24th, 2006 No comments

Following is a PDF of the Presentation from yesterday’s research call:

Video for the Web 3.0 – Research Project Overview

It will give you an overview of what we went over, in case anyone missed it.

Also, you can click here for the audio:

Video Research Project Audio

Categories: Video Tags:

The Use of Viral Videos for Commercial Advertising

August 21st, 2006 No comments

We do not know exactly how many times these videos have been viewed or passed around. They are (in our opinion) great examples of large corporations creating and then using them to market virally over the internet.

Making a video, even one of these professional commercials, is not that hard (it just takes money). Making one that is good enough to get passed around, is hard.

Here are some of our favorites:

Learn a New Language

Buy Nike Shoes

During the course of our upcoming video research project we’ll be looking specifically at what makes a good video, and what causes it to spread on the internet.

Categories: Video Tags: