Gaining Traction: Inbound Marketing for Startups

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Rand Fishkin's presentation from the Nov. 30th Hackers+Founders event in Silicon Valley.

Transcript of Gaining Traction: Inbound Marketing for Startups

Inbound Marketing for StartupsHow to earn your customers’ interest, rather than buying it

with great content, SEO, social & conversion marketing.

Rand Fishkin | CEO

http://bit.ly/imforstartups

Let’s Start with a Story

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My First 6 Years as a Startup Founder

Blog post: http://randfishkin.com/blog/103/just-keep-going

Rand and Gillian’s Combined Personal Debt

The Last 5 Years

More about Moz’s History: http://www.seomoz.org/blog/the-story-of-seomoz

MonthlyVisits

We took one round of financing in 2007; $1.1MM

from Ignition + Curious Office

The Last 5 Years

More about Moz’s History: http://www.seomoz.org/blog/the-story-of-seomoz

MonthlyVisits

Launched our Link Graph Index

The Last 5 Years

More about Moz’s History: http://www.seomoz.org/blog/the-story-of-seomoz

MonthlyVisits

In 2009, we dropped consulting entirely

The Last 5 Years

More about Moz’s History: http://www.seomoz.org/blog/the-story-of-seomoz

MonthlyVisits

2010 had 7,000 paying subscribers

2010 had 7,000 paying subscribers

The Last 5 Years

Full story at http://randfishkin.com/blog/128/misadventures-venture-capital-funding

MonthlyVisits

Failed to raise funding (despite long, nasty

efforts) in 2009 and 2011

The Last 5 Years

More about Moz’s History: http://www.seomoz.org/blog/the-story-of-seomoz

MonthlyVisits

2011 will be our first 8-figure year, with 15,000 subscribers and nearly 1.5mm visits/month

How Do We Get Customers?

~18% of our signups come via paid channels (in blue); the rest are via inbound channels

Paid Channels

Inbound

Interruption vs. Inbound

Interruption Marketing

Inbound Marketing

Interruption Marketing

Inbound Marketing

Interruption Marketing

Inbound Marketing

Some Marketing

Interruption…Stop Us

From Doing What We Want

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So It Can Sell Us

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Stuff We Don’t Need

That’s Interruption Marketing.

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Interruption Marketers

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Interruption Marketers Me

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Interruption Marketers Me

Ads

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That’sNotHowWeRoll.

How People Buy in 2011

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Realize a Need

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Investigate Options

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Ask Our Friends

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Seek Out Experts

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Find Communities

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Dig Into Every Detail Available

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Convert

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You Don’t Buy Those Visitors.

You Earn Them.

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In∙bound Mar∙ket∙ing-noun

Any tactic that relies on earning people’s interest rather than buying it.

In∙bound Mar∙ket∙ing-noun

Any tactic that relies on earning people’s interest rather than buying it.

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We’re Here to Help

Startups Disrupt Markets. How About Marketing?

Inbound Channels

Content

Influences Everything

Without Great Content…

There’s No Chance of Success.

Content Can Mean:

“Content.”

Community

Product

Or Distribution

No Matter the Form; Content is the Foundation of Great Inbound Marketing

Search

Search is How Things Get Found.

Search = Discovery

Discovery Leads to Sharing

Search is Still Big

And Growing

Currently, there are more than 3 billion searches/day

on Google

Search Often Brings the Most

Highly Qualified Traffic

But Guess Where Searchers Click…

~20% of clicks

~80% of clicks

Social

Social Lives at the Top of the Funnel

Social is Discovery Prior to Interest

Social Demands Great Content,

And Rewards It.

Today,

Social is a

Huge

Influence

on Search

And Social Appears to Be Fragmenting

into Multiple Large Communities (and thousands of small ones)

Users: 50mm 750mm 200mm 120mm120mm 10mm

Users: 14mm Millions 14mm 6.5mm

Email

Email is Social’s “Secret Weapon”

http://www.avc.com/a_vc/2011/05/social-medias-secret-weapon-email.html

And Email Marketing is Insanely

Profitable/Powerful

http://www.conversion-rate-experts.com/seomoz-case-study/

Conversion

The Funnel Only Exists So It Can Convert.

Optimizing Conversion

Means Measuring & Testing

http://dmix.ca/2010/05/how-we-increased-our-conversion-rate-by-72/

It Means Listening, Too.

A Lot of Conversion is Wrapped in Soft Metrics

Branding

Messaging

Familiarity

Trust

CRO is a Critical Practice

But it Requires Holistic Marketing to Succeed.

Building an Inbound Strategy

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Who is Your Audience?

http://xrrr-slog.blogspot.com/2007/10/corporate-demographics-2007.html

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Where are they on the Web?

http://searchengineland.com/a-portrait-of-who-uses-social-networks-in-the-u-s-and-how-social-media-affects-our-lives-81653

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What Content Works There?

http://blog.echen.me/2011/03/14/hacker-news-analysis/

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How Will You Get Visitors Into Your Funnel?

Multiple paths can work, so long as you segment them when tracking CR + CLTV

Email

Retargeting

Social OAuth

Phone NumberMailing Address

Branding/Awareness Free Trial

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How Will You Measure & Improve?

http://www.seomoz.org/blog/tracking-the-roi-of-social-media

Step #1: Discover

Step #2:Test

Step #3: Measure

Step #4: Repeat

Find inbound marketing paths that look promising and make a list.

Invest a few days/hours building authentic value in that niche/sector.

Use your web analytics to track primary + second-order impact

Throw out low ROI projects; repeat high ROI ones.

Top 10 Inbound Marketing

Tactics & Examples for

Startups

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#1: Create Sharing Incentives

http://www.paulgraham.com/good.html

to link to!

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#1: Create Sharing Incentives

Urbanspoon’s “Spoonback” program allowed them to compete w/ Yelp and build awareness to foodies, direct traffic from relevant

sites and great SEO. Founders credited the concept as being the most important part of the company’s success.

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#2: Mine the Social Web for Engagement Opportunities

Twitter, LinkedIn, Q+A Sites, Google+, Blog Posts and Facebook can all work

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#3: Create & Spread Embeddable Content

http://www.simplyhired.com/a/jobtrends/home is a great example

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#4: Make Your Data Interesting; Share It

Probably the best case study around: http://blog.okcupid.com/index.php/your-looks-and-online-dating/

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#5: Mine Your Twitter Followers, Emails, etc.

Via Wil Reynolds of SEER Interactive: http://www.seerinteractive.com/blog/using-twitter-and-backlinks-to-build-links/2011/07/28/; tool is here: http://simplymeasured.com/freebies/twitter-follower-analytics

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#6: Use Social to Connect w/ Journalists + Bloggers

An amazing research tool: http://followerwonk.com

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#7: Build Features that Require and/or Reward Sharing

http://www.quora.com/How-effective-is-Dropboxs-referral-program-at-bringing-in-*paying*-users-i-e-how-many-subscribers-do-they-have

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#8: Give Your Community a Platform

Moz has a Q+A forum, a blog and a user-generated content platform, along w/ robust user profiles and a

points/gamification system. Content contributed by non-employees is ~35% of our overall traffic

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#9: Rel=Author & Video XML Sitemaps

http://www.blindfiveyearold.com/how-to-implement-rel-author - good how-to

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#9: Rel=Author & Video XML Sitemaps

We use http://wistia.com to post videos that automatically send video XML Sitemaps to Google

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#10: Create a Monthly Top X Influencers in Your Industry

http://www.seattle20.com/startup-index.aspx updates monthly, but doesn’t use badges (which I highly recommend)

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Blogs + Blogging

Comment Marketing

News/Media/PRSEO

Social Networks

Word of Mouth

Q+A Sites

Forums

Online Video

Podcasting

Webinars

Research/White Papers

Infographics

Social Bookmarking

INBOUND MARKETING!(AKA all the “free” traffic sources)

Direct/Referring Links

Type-In Traffic

Email

Local Portals

Every One of These Marketing Tactics

Helps Every Other One

I Can’t Wait to See the Awesome

Things You’re Going to Build

http://bit.ly/imforstartups

@randfish

www.seomoz.org/blog

rand@seomoz.org