Mkt460 W eek 4

Post on 15-May-2015

293 views 1 download

Tags:

Transcript of Mkt460 W eek 4

Email Marketing

Delivering commercial messages to an audience.

Why email marketing?

Cost effective

Targeted and Customisable

Measurable

Consider the different ways in which a company contacts you.

•Transaction emails: request a quote, submit a form etc.

•Newsletters: provide information, keep people informed

2 types of commercial emails:

1. Promotional

•Encourage immediate action

2. Retention based emails:

•Newsletters•Build long-term relationships

Consider the steps to running an email campaign

Strategic planning:

What goals do you want to achieve?

Decide on key performance indicators (KPIs)

Promotional emails have immediate goals:

•Make a purchase•Download a whitepaper•Request further information

Newsletters have long-term goals

KPIs are important:

•Open rate•Click-through rate•Number of emails forwarded•ROI•Number of social shares•Database growth rate•Conversion rate•Delivery or bounce rate

Create and retain a long-term relationship

To get started, grow a database

•Permission must be explicitly given•Genuine opt-in•Gather information over time (drip irrigation)

You only need the email address but consider other information.

•Name, surname, title •Date permission granted•Source of permission•Gender•Country•Telephone number•Date of birth•Frequency of email communication

But be careful not to ask for too much. They may not sign up!

To attract prospects:

•Offer something for free (white paper, gift voucher, music)•Offer a subscribe box at the checkout point•Use all interactions such as trade shows

Make sure the sign-up form is above the fold and visible on your website

Use a double opt-in process to safeguard your database.

Creative execution is key!

Two types of email: HTML or text

Plain text emails are smaller and plainer – copy counts!

HTML emails are more complex

Can contain:

•Images•Different fonts•Hyperlinks•Videos

Give subscribers the choice of how to view your email.

Parts of an email

•Preheader •Header•Subject line•Personalised greeting•Body•Footer•Unsubscribe link

Preheader:

•Text appearing at the very top of your email•May be the only thing readers see in the preview pane•Consider including a call to action

Headers provide opportunity to build relationships:

•Personalise the “reply” field and the “from” address•This builds trust

Use subject lines that help identify the email and build familiarity.

Avoid #2$%&^^%### or !!!!! characters.

Personalise the greeting

Don’t use too many images in the body and make sure important text is not on the image – it may not load!

Use standard footers to build consistency.

Include the unsubscribe link – it is mandatory.

What about email templates?

•Predesigned structures to use for each email

•Ready-made templates or custom designed

•Must represent your brand

When designing – design for the preview pane.

Typically 600px (width) x 300px (height)

Many users are busy and don’t open emails.

Image and layout must be tested for this.

Users read in an F shape

Image credit: Jakob Nielsen http://www.useit.com/alertbox/reading_pattern.html

Plan content placement according to reader flow.

Balance image and text in emails.

Images:

•Can reinforce copy•Are not always displayed by email clients•Must not be central to your email message

Vs.

Design emails to support a Call to Action button.

Remember, there is no guarantee your email will display on mobile phones but keep the header image width under 600px.

Email Content should be:

•Relevant•Valuable

Newsletters can offer:

•Humour•Research•Information•Promotions•Exclusive content

Put together a recurring content structure

Test for display and deliverability

Integrate the campaign with other channels.

•Reinforce brand’s message•Increase responses

Database segmentation allows one to one marketing on a macro scale.

Start by using the recipients name and send HTML or text emails based on preference...

Then tailor further.

Consistent deployment fosters trust and fulfils expectations.

Email reputation can determine whether your email is regarded as spam.

It is based on the general opinion of the ISPs, anti-spam community and subscribers.

•Cleanse lists regularly to avoid bounce backs•Ask subscribers to update their details•Be diligent in maintaining a current opt-in database

When to send emails

•Definitely not on Monday morning or Friday afternoon•Try to be action based•Keep the mails regular•Test to find the best time for your database

Email analytics is key to tracking, analysing and optimising

Key measurables include:

•Emails delivered•Bounces - Hard (address no longer exists) - Soft (inbox was full)•Unsubscribes•Pass on rate•Clickthrough rate

Pay attention to what activity takes place on an email

Look at what the numbers reveal and use this to improve on your next email

Use split testing to enable optimisation

Test the open and clickthrough rates using:

•Different subject lines•Different days of the week and times of the day•Different copy styles and email length

Refine the content and construction to your audiences tastes!

Remember to meet the requirements of the rules and regulations regarding email in your country.

Further Reading?

www.quirk.biz/emarketingtextbook

Online Advertising

What is online advertising?

Advertising on the Internet via mobile phones, tablets and personal computers.

Encompasses adverts:

On the SERPsPlaced in emailsOn social networksOn websites, mobi sites, tabletsIn ‘please call me’s, sms, mmsIn other ways advertisers use the Internet

Used to achieve marketing or business goals

Image Credit: Creative commons, AMagill

Its major advantage: it can be tracked

Early banner advert for AT&T:

It took users to a landing page

In 1994 this was cutting edge

Now online adverts can be interactive, incorporating games, video, Flash etc.

The only limit is your imagination!

Whether online or offline, advertising can have a number of objectives.

Building brand awarenessReaching new customers and creating demandShowing consumers that advertisers can satisfy that demand and build brand loyaltyDriving direct response and sales

Build brand awareness to gain customer’s trust and patronage.

Create consumer demand:

InformPersuadeRemind

Use unique selling points (USPs)

Then meet that demand!

Drive responses and sales by turning the potential customer into an actual customer right there and then.

The beauty of the Internet!

People online are people with spending power.

So how can you show your message?

Interstitial banners can be shown between pages on a website.

Although these are not widely used anymore.

Pop-ups and pop-unders:

Pop up or under the web page being viewedWere prominent in the early daysUsually have a high click through rate (CTR), but only because people accidentally click on them to close them

Conversion rate is very lowThey can easily annoyNow we have ‘pop-up blockers’

Wallpaper adverts or skins change the background of the web page being viewed.

You can’t usually click through it unless you use a click tagIts main purpose? Branding

Wallpaper Advert

Map adverts are placed within online mapping solutions

e.g. Google Maps

A banner advert is a graphic image or animation displayed on a website.

Static banners – GIFs or JPEGsAnimated, non interactive banners - animated GIFsInteractive or rich media: Flash, video, JavaScript, HTML5 etc.

Banner advert

Create banners to suit different standard banner sizes – this means the advert will suit many websites.

Most popular sizes are:300x250px, 300x600px, 468x120px, 160x600px and 728x90px

Rich media – interactive media

Encompasses adverts like:

Page take oversPeel oversRoad blocksFloatersExpanding bannersVideo bannersDynamic data ads

The major advantage?Interactions can be tracked!

Source: MediaMind Creative Zone - http://creativezone.mediamind.com/?ItemName=Nissan%20Micra%20Page%20Peel#ItemName=Nissan%20Micra%20Page%20Peel

Page Peel

Floating adverts appear in layers over the content.

Usually these can be closed - best practice says this should be an optionCreated in DHTL or FlashHigh CTR but a low conversion rate (should be used sparingly and cleverly)

Floating advert

Have a look at some more rich media adverts...

Page take oversHarry Potter: http://www.mediamind.com/creative_zone/Harry7/index.htmlAlien: http://www.mediamind.com/creative_zone/Alien/index.html

InteractionAvatar: http://demo.eyeblaster.com/avataripad/demo.html

ExpanderDiesel: http://origin.demo.mediamind.com/Europe/Spain/demos/diesel/diesel_sidekcik_msn/

Test to find out what works best for your brand.

Pause the adverts that are not working - this will help CPC, CTR and CPA.

Payment options also differ

CPI or CPM:

Cost per impression or thousand impressions

CPC:

Cost per click

CPA:

Cost per acquisition

Flat rate:

Fixed cost for a period of time

Cost per interaction:

User initiated rollover

What is an advertising network?

Group of websites on which adverts can be purchasedSame publisher: e.g. CNN, AOLOr an affiliation of sites

What are advertising exchanges?

Where unsold inventory is placed by publishers for bidding

What are ad servers?

Servers that store adverts and serve them to web pagesLocally run or third-party ad serverse.g. MediaMind, DoubleClick, Atlas and AdTech

Why use ad servers?

You don’t need to send out copies of each piece of advertising to each publisher or media buyer – you just send out a line of code!

They also make adverts easier to track, make comparison easier and allows for targeted advertising.

Tracking is key!

Particularly post click tracking - tracking up to conversion.

Information that can be tracked:

ImpressionsClicksConnection typeBrowserOperating SystemTime of dayConversions And much more!

Cookies are small text files that allow a website to capture information about a user.

Photo credit: http://flickr.com/photos/71217725@N00/

Cookies enable tracking of post view data as well.

...When a user sees an advert, does not click on it, but goes to the website after viewing the advert (either by typing in the URL, or searching for the site).

But you must have conversion tracking enabled.

Ad servers offer advertisers the ability to track and optimise.

Frequency capping: limit views of an advert for a userSequencing: adverts shown in a set orderExclusivity: adverts from direct competitors are not shown on the same pageRoadblocks: an advertiser can own 100% of the advertising inventory on a page

Adverts can be targeted using:

Geo-targetingNetwork/browser typeConnection typeDay and timeSocial servingBehavioural targetingContextual targeting

But be careful, contextual advertising can be problematic!

When planning a campaign always determine your goal.

Then identify your key performance indicators (KPIs).

Make sure adverts are placed in front of the audience that they are likely to convert.

Online adverts should:

Attract attentionConvey a messageEntice action

Be concise and directional. Use a call to action:

“phone now for the best deals on insurance”“click here for fast home delivery”“donate now”

Some advantages to online advertising

Banner adverts bridge the advertising divide between traditional and online advertisingImages can offer a rich brand building experience

The can be interactiveThey’re measurable and provide data

What about the disadvantages?

Technical obstacles may arise (ad blockers etc.)

Consumers experience advertising fatigue. So remember to update your ads regularly

Connection speed can impact interaction(but if you use a third party ad server, you only pay for impressions that were shown)

Some third party ad servers can also determine your connection speed

Further Reading?

www.quirk.biz/emarketingtextbook

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License.

You may copy or modify the work as long as you attribute Quirk Education. It may not be used for commercial purposes. If you alter, transform, or build upon this work, you may distribute the resulting work only under the same or similar license to this one.

Affiliate Marketing

What is affiliate marketing?

Hey Jim, you should try the pizza at ThePizzaRestaurant. It’s the best in town!

Thanks Eddie I think I’ll take my wife there tonight!

This is a great restaurant Jim.

Yeah, Eddie recommended it.

Word of mouth marketing...

Now imagine if that restaurant gave Eddie 10% of the bill for every referral he made? That’s a finders fee for new customers.

In an online context this system of reward for referral is called affiliate marketing.

Affiliates become an extended sales force!

Image credit: creative commons, Vector Graphics

Where did it begin?

Started in the adult industry. But most notably, Amazon.com introduced Amazon Associates.

Referrers are rewarded for successful sales that occur as a result of their marketing efforts.

Estimates are that in 2012, affiliate marketing spend will reach $3.3 billion!

It is a simple process

1. An affiliate refers potential customers to a merchant’s website

2. Some of those customers perform a desired action

3. The merchant rewards the affiliate for each desired action resulting from the affiliate’s referral

In other words: action and reward

Actions and the types of commission are:

CPA (Cost per Action)

CPL (Cost per Lead)

Revenue Share (also CPS or Cost Per Sale)

CPC (Cost per Click)

The key to affiliate marketing is tracking!

This means the merchant can award the correct affiliate the correct commission.

Tracking software allows each affiliate to have a unique identifier in the URL. Cookies are then placed on the customer’s computer.

A URL for a product without tracking:http://www.firebox.com/product/1201

What are cookies?

Text files sent by a server to a web browser, and then sent back unchanged by the browser each time it accesses that server.

They can authenticate, track and maintain specific information about users, e.g. contents of their electronic shopping carts.

How long do cookies last?

The merchant decides what the cookie period should beA standard cookie period is 30 to 60 days but merchants offer 999 day cookies, or even lifetime cookies

But consumers get nervous when they hear about tracking and often delete cookies.

Merchants also need to ensure there are no clashes with their cookies and tracking software.

Test, test, test.

Affiliate tracking software collects information even if no action is completed.

Information collected includes:ImpressionsClicksConversions

All this information helps to build up data in order to strengthen the campaign.

If anything goes wrong in the tracking process, the affiliate suffers.

Standard practise is that the most recent referral is awarded the commission.

Types of affiliates include:

Personal websitesContent and niche sitesEmail listsLoyalty sitesCoupon and promotions sitesComparison shoppingSearch affiliates

Loyalty sites

Personal Blogs and Websites

Niche content

Comparison sites

Affiliates will find any means possible to promote offers.

Goodsearch.com shares proceeds from affiliate links with charities.

Affiliate networks act as a gateway between merchants and affiliates.

Some leading affiliate networks:

Retailers should have a product feed, either XML or CSV.

Product nameProduct URLProduct pictureProduct priceDescriptionShipping priceStock status: in stock / out of stock

Merchants need to create banners and buttons to place on affiliate websites.

468 x 60 (banner)125 x 125 (square)120 x 60 (button)120 x 600 (skyscraper)

Why use an affiliate network?

Tracking solutions and reportingRecruiting merchants and affiliatesQuality control of affiliates and brand compatibilityOne payment solution for merchants/commission handlingTracking the market e.g. search developments, new technology etc

Setting up a campaign

Define your goals and unique selling points (USPs)

Will you run your own progamme or use a network?

If you are using a network consider:

Where your competitors areWho has the kind of affiliates you wantWhat the joining fees and monthly fees areHow much support they can offer youWhat countries the network is in

Do a competitor analysis

Prepare the basics:

Product feedBanners etc

Tips in a performance market:

Pay affiliates as much as possible

Focus on conversion optimisation

Niche products can benefit

Go global (if possible)

Pros

Merchants are only paying for growthThe merchant sales force just got biggerThere is a very low barrier to entry for both affiliates and merchants

Cons

There are seldom contracts in place between affiliates and merchantsThere is still little to no industry regulationSome merchants fear a loss of brand controlAffiliate programmes are not easily scalable

Affiliate marketing is a key tool for any website seeking growth.

The most essential elements are tracking growth and ongoing communication between merchants and affiliates.

Further Reading?

www.quirk.biz/emarketingtextbook