hawkeye Webinar: Increase Sales with Personalized URLs
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Transcript of hawkeye Webinar: Increase Sales with Personalized URLs
Let’s Get Personal:Increase Sales with Personalized URLsA Webinar presented by hawkeye and PostClick (a hawkeye venture)November 3, 2009
Introduction
• Introduce speakers• Today’s session• Agenda and Q&A• How to get a copy of the deck
– access archived slides– get slides e-mailed to you
• How to reach us– [email protected]
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Did you know the average consumer sees 5,000-plus messages a day?
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20051970
• “The average 1970’s city dweller was exposed to 500 to 2,000 ad messages a day…now it’s 3,000 to 5,000.”
• USA Today, 2006
• “Studies show that a typical consumer is bombarded by 5,000 advertising messages a day.”
• New York Times, 1988
• “Consumers see an average of 5,980 messages a day.”
• USPS, 2009
We know everyone is not the same
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Marcia 22Junior Account Executive
John42SVP, Marketing
The Watsons45-10Family of four
The Hinkles72-12Four generations, four different tastes
Tim & Kate60sRetired
Bradley25Web designer
Tina & Mike26 & 25First apartment
Doug & Alice32 & 7Looking forward to the second grade
Unsolicited, irrelevant messaging hurts
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• 88% of consumers say they don’t trust advertising
• 76% believe that companies lie in their advertising
• In 2009, only 38% of Americans state that they trust companies, down by over 30% in a year
• 77% refused to buy a product or service from a company they don’t trust
Source: Edelman Trust Survey, Yankelovich
We know personalization works
• 36% to 600% response lift
• 24.5% ave. order size
• 47.6% repeat orders
• 31.6% overall rev/profit
• 33.9% in response time
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2009 The DMA2007 InfoTrends/CAP Ventures personalization study2003 CAPV The Value of Color
It’s time for Personalization 2.0
“The whole point of marketing is to build a relationship between a customer and a brand. Yet so much of marketing practice and technology seems to focus on de-personalizing and up-scaling marketing communication to as
large an audience as possible.” Adam Needles
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• Personalization has been a force in direct mail for years.• Online personalization swept through in 1998 in the Web’s infancy. • Amazon.com was among the few who made it stick. Why?
1.Too expensive2.Takes too long to implement3.Enterprise in scope = politics, budgeting difficulty, general
lack of focus and control4.Widespread privacy concerns5.Lack of online participation and accurate, up-to-date data
What happened to Personalization 1.0?
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1. Lighter weight, less “low-level” technology. 2. Exponential growth and reduced cost in basic technology.3. Evolution of open source and commercial frameworks to handle
most basic application functions.4. Evolution of process from exhaustive design-build to agile rapid
iteration.5. Web 2.0 culture more inclined to share publicly.
What’s changed?
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Costs Capability
pURLs are a great way to get in the game
• pURL campaigns show 20%-30% response lift over non-pURLcampaigns* Increased time on site Increased site interaction Higher conversion Higher repeat and ongoing visits
• Test with personalized postcard + e-mail + pURL pulled 13X better response than standard postcard with no e-mail and no pURL** 3X better conversion
• Other experience shows 10X upside
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* The Direct Marketing Association** RISO Inc.
Cost-effective personalization in a complex age
• What is a pURL?• How does it work?• Features and benefits
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www.YourWebsite.com/JaneSample
John Sample
Joe Sample Jane Sample
? • Better response rates based on the promise of relevant content
• Better conversion because of relevant content
• Customer insight through Q&A and tracking and reporting
A Web site address that uses a familiar name or phrase to personalize it for each recipient.
The key that unlocks personalized content for each individual visitor.
Benefits
pURLs in action
• Simple Works!
• Relevance + Value + Convenience = Conversion
• From Campaigns to Conversations
• Getting Personal (not just personalized!)
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And it means reduced cost, less complexity and faster implementation
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Personalized landing page
• 8.7% response to postcard
• 16.5% response to e-mail CTR
• 63% clicked to view other courses
• 31% purchased a course
Nissan: Relevance + Value
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The inclusion of a pURL, an 866 number and personalized coupons also gave customers more ways to respond to the campaign.
Personalized coupons for additional car accessories that were valid only on the customer’s vehicle.
Nissan: Relevance + Value + Convenience = Conversion
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• Personalized landing page with prepopulated form and personalized coupons
• 3.5% response rate
• 36% scheduled an appointment
• 485% sales ROI
To relevant content
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Education
Healthcare
Financial Services
Government
Personalized contentby vertical industry
Prepopulated lead form
Summary
• pURLs are here to stay.• They are constantly evolving as people get through the basics
and get creative.• Now is a good time to jump in and experiment.• We would be happy to help you experiment with your situation.
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Questions?
• Please submit questions through the chat window or raise your hand.
• We’ll answer as many as we can today and compile them into an FAQ, if necessary.
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THANK YOU!
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John TedstromManaging Director, Insight and [email protected](970) 376.0269 (cell)(970) 476.2071 x5301 (office)
Theron GorePresidentPostClick, a hawkeye [email protected](970) 390.2534 (cell)