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Posts Tagged ‘B2C’

Consumer Marketing: All that stands between you and Walmart is a good story

July 29th, 2011 9 comments

This insight came to me while conducting live optimization during our most recent Web clinic – Copywriting: How ordinary marketers are achieving 200% gains with a step-by-step framework.

I was optimizing an e-commerce surfboard website, yet I think this lesson applies equally well for many other consumer marketers as well as many in the B2B space. Let’s look at the challenge this surfboard website is facing to understand why…
Read more…

Categories: Copywriting Tags: , ,

Test Your Marketer’s Gut: Email frequency contest

December 2nd, 2009 41 comments

Sending more than 1.2 billion emails per year is a significant marketing investment. And for one of our Research Partners, this effort raised several questions:

  • When will their list get irritated?
  • How many emails should be sent on a regular basis?
  • At what point do emails start hurting sales?

To ensure they were getting the most value from their marketing spend, our Research Partner wanted definitive, data-driven answers. So we tested for the optimal frequency that will maximize total revenue. While our scientists now have the benefit of reams of information and know the answer to these questions, we thought it would be a fun challenge to your “marketer’s gut” to test your acumen and see if you could spot a winner based on sheer intuition (and yes, there is a prize).

Background: The Research Partner is a large ecommerce company that sells well-known, inexpensive, perishable products online (if we told you any more we’d have to kill you). They had a massive, yet varying email send rate and was emailing the house list anywhere from once a week to four times a week. Most of the Research Partner’s strategy was based on the offers available at the time. With such variance in frequency, we wondered if sending more email messages would have overly negative effects on unsubscribe rates. And likewise, we wondered how much impact sending fewer emails would have on revenue. Ultimately, we were looking for that optimal email-sending sweet spot.

Test Design: We took a small, highly-motivated segment of the Research Partner’s house list and used it as our testing sample. We then split that list into seven segments that would receive different send frequencies as represented below:

    Segment 1: 1X PER MONTH
    Segment 2: 2X PER MONTH
    Segment 3: 3X PER MONTH
    Segment 4: 4X PER MONTH
    Segment 5: 6X PER MONTH
    Segment 6: 10X PER MONTH
    Segment 7: 15X PER MONTH

We monitored the effect of the send frequencies for 60 days. We tracked delivery, open rates, click-through, conversion, revenue, spam complaints, and unsubscribe rates throughout the duration test.

Email Sends GraphResults: Testing for optimal frequency assumes that revenue and unsubscribes will increase at a steady rate until the list gets irritated. At that point, revenue will experience diminishing returns and even decrease. Likewise, unsubscribe rates will increase at that point of irritation.

We wanted to test the validity of this assumption, as well as discover the optimal email frequency for this company’s email list that increased both total revenue and lifetime value of the customer.

But before we reveal the results from our scientists’ brains, we want to test your “marketing gut” with the following question (Oh, and just to spice things up a little, one person’s intuition will get them a free seat in one of our online certification courses – normally $595.):

  1. What is the optimal monthly send frequency for this company?
    1. 1-2 per month
    2. 3-5 per month
    3. 6-9 per month
    4. 10-15 per month

Congratulations to Sharon Mostyn, winner of the Email Frequency Contest, and one of only a handful of correct responses. Sharon chose the Landing Page Optimization Course as her prize. Subscribe to the MarketingExperiments Journal to be notified when the web clinic replay and research brief are available so you can see the correct answer along with a full analysis of how this discovery can help you shape your email campaigns.

To enter the contest, leave your choice as a comment to this blog post along with your email address or Twitter handle (make sure you’re following @MktgExperiments so we can reach you). We will select a winner randomly from the correct responses (and yes there is a correct answer). The winner and results for this test will be announced live on Wednesday afternoon at 4 p.m. EST during our free web clinic – Optimize your Email in Three Steps: How one marketer tripled revenue from their house list.

Translate Holidays into Dollars: How to Structure Your Offer’s Metamorphosis

November 30th, 2009 No comments

Why is the holiday shopping season so great? Your customer has an immutable purchasing deadline. Her fifth-grade, Wii-craving son won’t let her forget it, and neither should you. But as…tick, tick, tick…precious time passes in the make-or-break shopping season, are you flexible enough to take advantage of this natural urgency factor to get the greatest ROI out of your traffic?

In the September 22 Web clinic, our special guest Linda Bustos mentioned the idea of how online retailers may want to shift their focus from regular shipping of physical products to more holiday-conscious messaging, eventually moving toward downloadable products when the time runs short. I thought that this point deserved a deeper look.

Natural Urgency: An Opportunity for Increased Relevance
The holidays are a goldmine because you have extra insight into what your customers want, and when they want it. I will use the example of Christmas in the rest of this post (because it’s the single most commercially impactful holiday in the world), but the same principles apply to other holidays or even to specialty products and services that exist in relation to a specific “deadline” that the customer has to meet, like a wedding, a housewarming party, or one of your aunt’s cats’ birthday. When you know that urgency is a factor in your customer’s decision whether to buy from you, it is critical that you help this customer not only understand why your offer is the best choice, but also how you can deliver it on time. Providing this helpful information will help your customer buy from you.

The underlying principle here is that you must use everything you know about your customers (and every interaction they have with your site tells you something) to present your offer in the most meaningful, relevant way. For example, knowing what holidays are coming up within the next few weeks, you may want to test links to “Christmas gift shopping” on your site. While your catalog of products will not change, you know that anyone that clicked on that link is looking for a Christmas gift, and now you have a date to work with. You can test letting your visitor choose the target holiday, or if you have the data to assume that your customers are predominantly Christmas gift shoppers, your site by default can address that particular holiday.

December 1: Make your site holiday conscious
Just twenty-five shopping days until Christmas. If you’re in B2C ecommerce, you probably know this number by heart. Share this sense of urgency with your customers, remind them about the last time they had to do last-minute shopping, and communicate the sense of content that results from knowing that you don’t have to worry about making it to the store after work when the gifts are being safely shipped and delivered.

Of course, the critical number that matters online during holidays has to do not with shopping… but with shipping. Make sure your shipping cutoffs are crystal clear on your site. “For guaranteed delivery by Christmas, you must purchase by…” If you fail to communicate this information, your customer will look for someone that does. Don’t expect your customers to dig through your “Terms” pages to figure this out. “Unsupervised thinking” on your pages is especially lethal and especially inexcusable when you know that there is specific information that your customer needs to make a purchasing decision.

December 15: Reflect urgency using clear delivery options
As you get closer to shipping deadlines, you may want to amplify the message that shipping costs will soon increase, and that the customer will save money by purchasing today. Not only does this help create a reasonable sense of urgency for your customers, perhaps it will also remind you to figure out what a Bakugan is before you end up arm wrestling another guy wearing a “World’s Greatest Uncle” t-shirt for one at the toy store on Christmas Eve.

December 19: Increase emphasis on alternative shopping options
You will reach a point where guaranteed delivery by Christmas is still possible, yet increasingly or even prohibitively expensive. If you have a brick-and-mortar companion store, now is the time to use that to your advantage. You can emphasize how customers can save money on shipping by ordering online and simply picking up at the store. Make sure you communicate how easy the pickup process is and the advantage of not having to fight through the maddening crowd of shoppers. You may consider an express pick-up line at the store, and if you have one, emphasize its additional convenience on your site. You can also offer a better price or holiday-specific bonus item for buying online (which would allow you to collect payment immediately) instead of at the store.

If you don’t have physical locations, proceed directly to the next recommendation…

December 24: Prominently feature electronic-delivery items
By now, the children are all nestled snug in their beds, and all the gifts are tucked under the tree… Or are they? Your target customer just might be pulling his hair out, trying to figure out a last-minute gift. Here is where an ecommerce site can be a huge advantage by creating a digital offering that last-minute customers can buy… even as the clock approaches midnight.

Christmas ChildrenThese could be either all-digital products, like streaming or downloadable audio, an online brokerage account, or a gift card, or you may have to get creative and craft an offer that combines digital and physical components, such as an instantly downloadable cookbook that goes with cookware that will be delivered after the holidays.

An important aspect of digital products is presentation. Especially in the case of gift cards (even the physical version isn’t much to look at), you need to help your customer create a sense of giving a “real” gift. That is, help your customer out and don’t make it look like he has forgotten to buy a gift for his mother-in-law for the third year in a row.

Perhaps you can make an attractive, customizable PDF that the customer can print out to give the digital gift a physical nature. Communicating the benefit of giving (remember, your value proposition here is in part what the giver will feel) such a digital gift may take some education as well. Again, do not rely on unsupervised thinking. Don’t expect that it’s obvious to your customer that printing out a gift card document (really, its only function is to have a record of a coupon code) and putting it into an envelope will put them right back on the “favorite nephew” list. You could test communicating this by showing an image of someone giving this virtual gift to a delighted recipient.

The bottom-line is – it must seem substantial enough that the customer doesn’t feel self-conscious about giving it in person. If the gift is for a long-distance recipient, perhaps you could use video or Flash to make a customizable, attractive gift.

This is a great opportunity for nonprofits and charities as well. Consider buying paid search ads with keywords such as “last-minute gifts” on the 24th and 25th. Create a virtual gift that embodies the power of your charitable mission – perhaps an ebook of stories from people that have been helped or a virtual gift card so the recipient can choose where the donation is spent.

Above all, make it seem like a real, worthwhile gift that anyone would be happy to receive. Even with all-digital gifts, you can give your customer the option (perhaps for a small additional fee) to have a physical document mailed to them later, so that the digital gift will feel a little less digital (and, again, clearly state that “you will be receiving an official copy of your donation certificate…”).

Beyond December 25
Obviously, the above recommendations are ideas on how you can make best use of timing to play up a sense of urgency for a universal deadline. Except, it’s not universal. There are many other dates to keep track of this time of year. Hanukkah begins at sundown, Friday, December 11th. Military families often face much earlier shipping deadlines for guaranteed Christmas delivery to deployed family members. As do those shipping internationally in general.
Use the power of Internet marketing to serve these segments as well. Buy paid search ads with keywords relevant to these customers, and make sure you link those ads to relevant pages that focus on the dates important to them (don’t display your countdown to Christmas for customers that searched for “Hanukkah gift ideas”).

Sometime in January
Now that you’ve had time to recover and learned what a Bakugan is, take a look at your metrics. How much did the metamorphosis of your offer from regular shipped products to driving customers to a physical location to selling an all-digital gift improve your ROI? Whether it was a banner season or a disappointing season, make sure you learn what works best for your site and use that information next year.

As always, the ideas above are meant to be tested, and we hope that you will share some of your interesting test results with us.

Daniel Burstein contributed to this blog post…and hopes Boris goes wassailing around the office with his guitar for the holidays.

To listen to Boris Grinkot’s last-minute holiday tactics to increase revenue from your house email list, join us this Wednesday for our next free web clinic – Optimize your Email in Three Steps: How one marketer tripled revenue from their house list.

Ecommerce optimization research brief, web clinic contest winners

June 5th, 2009 No comments

I guess it was bound to happen. For last Wednesday’s web clinic — Optimizing Your Ecommerce Site — we packed in a bunch of research, special guest Stefan Tornquist from MarketingSherpa, and two new case studies with gains of up to 56%.

We had a great crowd, lots of live Q&A, a cool contest — and, sadly, a vaporized recording. So you can now access the presentation in our standard research brief format (with all the charts, key points and takeaways from the session); however, the flash version is in the ether. Sorry about that.

Back to some good news, eh?

The five clinic participants who will receive a free copy of the 2009 MarketingSherpa Ecommerce Benchmark Guide are:

  1. Cathryn Foster of Dot Zinc
  2. Amy Wang of JPMorgan Chase
  3. Richard Flaherty of CambridgeSoft Corporation
  4. Bethany Siegler of UniqueThink
  5. Tom Gray of Gray eMarketing

More good news?

Thanks to your feedback, we’re expanding our web clinics in several new ways, including: teaming up with more featured guests, pulling in more case studies and research from our community of marketers, and tackling some new topics.

A perfect example is our free web clinic next Wednesday, June 10: Twitter Experiments: Getting beyond the “now what?”

Sign up for the free Twitter clinic, join the @MktgExperiments team, and keep an eye on the hashtag #webclinic in the days to come. Oh, and please share with your tweeps, too.

And our B2C clinic contest winners are …

April 24th, 2009 No comments

For our recent B2C success stories web clinic, we took a new approach with our case studies — and turned the spotlight on our audience.

Our team walked through test results from four sites and how they achieved gains of up to 300% by applying key principles of the MarketingExperiments Conversion Sequence. (MP3 audio of the clinic is here; full presentation will be available soon.)

As a way of celebrating those gains, and helping others achieve them, we also included a special contest with this clinic: three attendees, selected at random, would win an on-demand MarketingExperiments Certification Course of their choice, including Fundamentals of Online Testing, Landing Page Optimization, and Email Marketing.

Now we’re pleased to announce the three contest winners …

1. OperationSmile.org – a site that mobilizes volunteers and donors around the world to help repair childhood facial deformities.

2. Stockhouse.coma community website for investors, offering a variety of market information.

3. HomeScienceTools.coman ecommerce site that offers an array of science materials to families and teachers.

Congratulations to our winners and thanks to Matt Burghdoff, Ann-Marie Fleming, and Amanda Schaner, respectively, for entering our contest and participating in this special clinic. We look forward to featuring new success stories from your sites in a follow-up web clinic.

Coming soon: A B2B version of our audience case studies clinic, with a similar special contest. Don’t miss it. Get all the details via email or our RSS feed.

Landing Page Optimization: OnlineShoes.com

February 12th, 2009 2 comments

Senior researcher Boris Grinkot reviewed this landing page, which was submitted by OnlineShoes.com.

Keenshoesgooglefullpage.png

Analysis of Channel:

A visitor searches for “Keen shoes” and clicks on an ad that promises a “huge” selection and “free shipping & exchanges.” As competitors also offer free shipping, the differentiators in the ad are selection and exchanges. Onlineshoes.com may have other important value to offer, but it is not communicated in the PPC ad copy.

  • Test recommendation: use PPC ads to test other expressions of the value proposition, and use this knowledge to modify the value proposition expressed on the landing page.

    • For example, the landing page displays a 15% discount, which could be communicated in the PPC ad to capture visitors motivated by a price discount.

    • Also, the landing page highlights 90-day “unconditional” returns. While exchanges are mentioned in the PPC ad, their “unconditional” nature is not and should be tested.

keen-shoes-header-full.png

Analysis of Landing Page:

The value proposition of OnlineShoes.com is expressed immediately on the landing page and also connects with the visitor’s motivation to shop at a store with “free shipping” and “free exchanges,” as communicated in the PPC ad.

keenshoesfullpage.png

  • Test recommendation: company value proposition could be supported with third-party credibility indicators.

    • While the value proposition could be supported with customer testimonials, it may be early in the shopping process to do so. Test adding testimonials in the right column.

    • Test moving the seals from the bottom of the page to a more visible location, such as the right column. However, “Verisign Secured” may also be too early in the process, as payment is not yet an issue.
  • Test recommendation: specificity will strengthen the expression of your value proposition.
    • Test quantifying how “huge” the selection is.

The value proposition of the product (Keen shoes) is not immediately clear on this landing page. The page requires substantial brand loyalty for a visitor to continue browsing. The primary graphic, which monopolizes attention on the page, may be communicating Keen’s overall brand image, but not products that the visitor may be seeking.

The visitor is required to proceed deeper into the site before seeing any products. There is a paragraph below the logo, but it largely re-states the selection options (women’s, men’s, girls’, boys’ — imagine that!). Perhaps the key value proposition statement is about using recycled materials, but it is lost. The large banner about “hybrid life” makes a huge value promise, but clicking on it returns little value.

  • Test recommendation: test placing a more specific value proposition statement or introductory paragraph more prominently at the top of the page, next to Keen’s logo. Test various aspects of the value proposition, such as the use of recycled materials or spell out what the banner implies.

Since visitors had searched specifically for Keen shoes, it is likely that they are highly motivated and have an idea of what product they wish to buy.

  • Test recommendation: for highly motivated visitors, test presenting them with specific product images, rather than abstract brand images. These could be grouped still further by major category (women’s, men’s, girls’, boys’).

Finally, the friction on this page is considerable. There are two competing navigation menus (text and tabs), and the image is an eye magnet that does not add value. The real estate is further consumed with the large banner at the bottom, which also is too vague to add real value. In the case of the Keen brand, the logo’s design is such that it stands out, but it’s possible that on other pages, the brand logo is not immediately visible, creating a degree of confusion when a visitor initially lands on this page and then moves to another page.

  • Test recommendation: create a single-column layout for the product (aside from the “shoe box” in the right column).

    • Start with a headline that expresses Keen’s value proposition, followed by short introductory text to begin a conversation with a visitor about the benefits of Keen’s shoes, followed by representative images for each of the four major categories, with clearly visible buttons to click to the next step.

Audience: What do you think? Use the comments field to post your suggestions for this landing page, agree/disagree with Boris’ assessment, and let the page owner know what you would do differently.

We’ll post our next landing page on Friday …