Showing posts with label digital marketing. Show all posts
Showing posts with label digital marketing. Show all posts

Sunday, March 1, 2015

Digital Marketers Must Predict the Future to Succeed

In a New York Social Media Week panel called "10 Years of Digital," Mashable CEO Pete Cashmore unveiled a new marketing tool that will let brands scan the Web to predict trending news before it breaks.
In order to thrive in the future world of digital marketing, marketers must have the ability to predict the future, according to Mashable chief executive (CEO) Pete Cashmore.
In his Social Media Week keynote, Cashmore explained that a new algorithm developed by Mashable can comb through millions of headlines and keywords to analyze the news and predict the next trending topic up to eight hours in advance of the traditional news cycle. "In the past, we’ve looked at the Tweetdeck for breaking news," Cashmore said. "Now, we look at the velocity dashboard to be on the trend rather than behind it."
Mashable's product is currently rolling out to both brands and agencies and allows marketers to predict and prepare relevant content around topical events. For example, Cashmore said that for this year’s Oscars the algorithm became a listening platform for brands and media to understand which Oscar topics would be trending around the watercooler the next morning and prepare videos, tweets, and other content in order to be trend-makers.
The algorithm also works for targeting and segmenting audiences, Cashmore said. For example, a fast-food brand could look at which food conversations might appeal to U.K. males aged 18 to 20 in the coming days. The algorithm could even be used for predicting competitors’ weaknesses.
And while Mashable is now trusting artificial intelligence (AI) to predict the news, Cashmore is still banking on humans to write it. "There’s nothing worse than content that doesn’t sound human," Cashmore said. "AI is not going to speak in a human voice. We’ll never be able to program humor. And it’s really hard to produce video in an automated way. We’re producing tech that helps people be creative."
Voice search is another AI trend Cashmore isn’t banking on, since speaking at watches and phones still feels too awkward for users accustomed to typing on keyboards. "In theory [voice search] should be a good thing. The challenge is strange. There’s kind of a social weirdness, and new tech has to fit with social norms."
Cashmore thinks folding and rolling screens, like the prototypes he saw this year at the Consumer Electronics Show, might be a more applicable alternative to chunky screens and shy voice users. But ultimately, Cashmore says, screens and wearables will have to be used in conjunction with one another, no matter what the future holds for tech. "It remains to be seen if people want to speak into their devices. [The future] is going to be both [screens and voice search], not either or."
(via)

Monday, November 17, 2014

5 Digital Marketing Trends for 2015


5 Digital Marketing Trends for 2015
I know, it’s always a tricky thing to (try to) predict the future but it’s also a fun exercise. It’s a sound way to reflect about the past year and seeing bits and pieces that amount to, sometimes, an upcoming trend. With the social and mobile web and its fast evolution and adoption rates worldwide, digital marketing is indeed under transformation and the earlier we see and embrace emerging trends, the better off brands will be in seizing the moment and gaining a potential competitive edge.
With this preamble in mind, here are the five trends I foresee for 2015 in the digital marketing world.

1. Google+ dies and goes to Heaven

RIP Google AuthorshipSome of you may actually say 2014 was the year that Google+ went under, but truth be told, I am not even sure there ever was a time when Google+ was the “cool kid” of the social media landscape. When it launched in 2011, and folks had to be invited to try it out (sounds familiar? Pinterest, Ello and many others have used that technique as well…), there was a real buzz around Google’s social platform, even though Google itself kept saying it wasn’t a social media, but rather a social layer to Google.
During the past few months, Google backtracked on its Authorship functionality, and no longer requires (or forces) users to create Google+ account when using YouTube, Gmail or other Google tools. Even one of its best functionality, Hangout, is now a stand-alone application that can be used outside of Google+. So is Google+ officially dead, then? Not yet, and I am not sure Google will kill it off like it did with Wave and many others, but for brands prioritizing their social media accounts and strategies, given there is very little usage and interaction on Google+ (save a few notable exceptions) I would think many will think it over and may pull the plug altogether.

2. Mobile payment goes mainstream

Mobile payment with Google Wallet
Mobile payment with Google Wallet
Nobody can deny the meteoric rise and penetration rates of smartphones on a global scale. In travel & hospitality, we have been seeing both mobile search and revenues increasing to double-digits percentages of online travel in general. But to what extent do we use our mobile devices to actually pay for products and services? Google Wallet has been around for a while, and there are some great examples of brands, such as Starbucks cafés, that are at the forefront of mobile payment with in-store capabilities and loyalty programs making transactions frictionless.
Yet, mainstream uptake has been slow for various reasons, from various technologies (NFC, QR codes, Square, etc.) to privacy concerns. Many experts have been waiting to see if and when Apple would step to the plate, since its Passbook application seemed poised for mobile payment expansion.  Finally, this is now a reality with the new iPhone 6 and the Apple Pay ecosystem. Considering Apple’s influence and its avid fanbase worldwide, we can expect some interesting developments in 2015.

3. Smartwatches

While I remain skeptical about the “internet of things” and wearable technologies in general – how are those Google Glasses coming along, anyway? I do believe 2015 may sound the beginning of a new era with smart watches, here again following in the footsteps of Apple’s new watch, due to hit markets in January.
Various smart watches available for purchase on the web
Various smart watches available for purchase on the web
If smart watches indeed make it into prime time, we can expect marketers from various industries to seize this opportunity to reach customers on the move, perhaps coming closer to that ever elusive goal of “reaching the right people, at the right time, in the right place”. It will be interesting to see how advertisers adapt as well to this new format, much smaller yet much intimate than any other device up until now.

4. Social Media Advertising

Up until now, social media marketing has been mostly about engaging with communities of fans and followers, except perhaps for Facebook which has developed a pretty sophisticated advertising tool, either through its native campaign tool or with Power Editor. Other social media are now being a lot more aggressive in appealing to advertisers, namely Twitter and Linkedin which have both developed more sophisticated advertising tools allowing savvy targeting and intricate performance measurement.
Promoted Posts coming to Pinterest
Advertising is coming to Instagram and Pinterest, not to mention Snapchat and, most likely in 2015, Whatsapp as well. By now, most brands understand that social media is no longer “a free ride” and that organizations must invest in some shape or form in order for their social media efforts to perform and complement their overall digital efforts. That’s not to say that all platforms will spin towards a “pay to play” approach as we’re witnessing with Facebook, but it will certainly mean that savvy marketers ought to plan accordingly with increased budgets for social media marketing and advertising in 2015.

5. Accessible Analytics

Last but not least, we’re seeing social media analytics finally becoming more accessible, and not just for advertisers. We have long been used to the depth of indicators provided by Google Analytics, and Facebook has been improving its Page insights over the past two years. Linkedin, Twitter and Pinterest are finally giving access to interesting indicators about a brand’s performance, even though breadth and depth varies from one platform to the next. Interested in Instagram analytics? That’s still unavailable, unless you go through a third-party application such as Iconosquare.

Friday, September 19, 2014

3 Keys to Creating a Superior User Experience


3 Keys to Creating a Superior User Experience

With the massive proliferation of sites and apps, most will suffer the ignominy of remaining incognito. For some, they may think of themselves as the world’s best kept secret. For others, I would argue, it is just as well!  Why? Because so many continue to offer a very poor user experience.

Why is the user experience so poor?

  • Trying to please all the people all the time
  • The underlying architecture is out-dated
  • The navigation is confusing
  • The images are too heavy (the site doesn’t load quickly)
  • The website has been constructed by multiple people from multiple departments over a prolonged time
  • Allocated resources were not sufficient
  • The team is lacking the requisite skills
  • The mobile version is nonexistent
I marvel at how some sites are structured. You can still find sites that are set up merely according to the organization’s structure, with internal department titles lining the navigation tabs. Even worse, in-house jargon appears on the customer-facing website. How is the customer supposed to find satisfaction in such an environment?

3 keys to improve the user experience in an organization

Getting to a superior user experience requires taking strategic (i.e. tough) choices. Here are what I believe the three keys to help refine and define those choices:
  1. Empathy definition, The Myndset Brand Strategy and Digital Marketing
    Understand better the Customer Journey. Empathy is a significantly important quality in understanding the customer journey. It is only truly possible to create a great user experience once you accept to get into the shoes of your customer. The key point is to understand fully the customer’scontext at the time of contact. One of the cardinal sins of ‘traditional’ marketers is to do observation sessions of customers surfing in sterile conditions, based on a marketing script. {Tweet this!} An important part of creating a superior customer experience comes from understanding the customer’s situation at the time of interface (bandwidth, device, surroundings, time to spare, mindset…).
  2. Breaking down silos. Most companies have a legacy structure that perpetuates silo building. I have seen many cases where web marketing teams are segregated from the rest of the business. In any event, that is too often how websites or apps are created: in virtual isolation from the rest of the business. In creating a customer experience, many people in the business beyond marketing need to be included, such as IT, sales/retail and customer service. I would further counsel, at least at the beginning, having a much wider net, including the CEO, HR Director (for better appreciation of the skillset required) and even the Finance Director. The point of having all members of the team participate in observation sessions (e.g. behind a one-way mirror) is to have the internal debate focused around the customers’ experience. This way, conversations move from “I don’t have the resources” or “I can’t do that” to “how can we improve what we just witnessed?”
  3. Aesthetics count and… it needs to work. Since technologies and usages are in constant flux, what constitutes a great user experience is also in movement. In order to get the user experience right, you clearly need to have the right talent. Taste and refinement are intangible qualities, but it’s all about the right attitude: to obsess about the look, the feel, the functionality, the navigation. Importantly, the individuals need to be curious and open to continuous learning, unlearning and relearning. If aesthetics are intimately related to brand image, functionality is related to simplicity. The challenge is to marry aesthetics with practical functionality.
To create an optimal customer journey is like engaging in a complex and long experiment. Not only are there different customer profiles to manage, there are scores of channels, platforms, devices from which to select before considering the appropriate timing and content. Digital is marvellous in that it allows for metrics that most executives would dream about. Unfortunately, few top executives have the measure of the options and data that digital affords.

Monday, September 15, 2014

7 Tips for Perfecting Your Digital Marketing Program

Marketers constantly have to re-evaluate and improve their marketing strategies in today's fast-moving world. Here are some tips for assessing your own digital marketing program and maximizing its success.
Every day, marketers seek to enhance their digital marketing programs. Whether it is a new email or social campaign or something more complex like a list growth initiative, buyer sophistication increases daily and you constantly need to up your game with smarter campaigns. With limited resources, it's challenging to find the time to pause long enough to consider your next move, let alone evaluate how your efforts are working. To help you get started, I've provided seven quick tips for assessing your digital marketing program below.

1. Know Your Market
The identification of your target market is a key starting point for your assessment. It should include a clear definition of the personas most likely to purchase your products and you should do your best to find out how many individuals fit into each persona. It's also important to analyze your database and see how many prospects match your personas. From there you can calculate your market capture and market penetration rates.

2. Develop Your Pipeline

Pipeline analysis has long been the domain of the B2B marketer with a sales team, but it can also be done in a B2C environment - and not just for companies with longer, big-budget buying cycles. With more paths to purchase than ever, improving your understanding of this has taken on greater importance regardless of industry. It's easy to let a marketing pipeline fall into disrepair as incoming leads or list growth take precedence over slow-burning opportunities or repeat business, which can slip and stagnate for a variety of reasons. But increasing attention to this area can save a lot of wasted time and energy.

3. Be Content-Ready

In order to get the most out of your content, I recommend identifying three types of buyer categories and three different stages of the buying cycle. For example, if your categories are Engineering Managers, Operations, and Procurement, place appropriate content in its most appropriate persona and the right buying stage. You might find you have a great deal of collateral for one category and not much for another, or that some isn't being used at all. If that's the case, you should reconsider your promotion of it, change the title, and refresh the graphics or change the landing page or sales copy to make a difference. Or, consider if it is time to retire the content all together.

4. Engage With Your Audience

How engaged are your customers and prospects? You can't sell anything to anyone if they aren't engaged and responding to your communications. So, assessing how well you're communicating with contacts is essential to continued success. Examine your email engagement to see your highest-performing communications and, conversely, where you are performing poorest. It's also worth comparing your email open-rates to your peers' in benchmark studies. Then, add some more automation and triggered emails into the mix to help you score better open and click-through rates. Also look at ways you can incorporate more personalization into your emails, as this is a great way to nudge you on your way to a top performer.

5. Take Advantage of Technology

There are some great digital marketing tools in the marketplace, yet many marketers are only using about 20 percent of the capabilities of their platforms. If you want to be successful today, you need a strong digital marketing platform and a blend of creative thinkers and smart systems-thinking specialists on your team who can exploit this technology to drive efficiency within the marketing department. So, take this time to evaluate your current use of your digital platform, as well as your skill levels in each of these areas. Review all the features and functions that are provided, including the ones you haven't given much thought to trying in the past.

6. Make the Most of Mobile

How mobile-engaged is your audience? More than 50 percent of emails are now opened on mobile devices, and as smartphones are rapidly becoming the dominant phone technology, this is a smart time to evaluate email open rates. If you have high open rates, are you using responsive design techniques or other device-friendly email strategies? If not, do you need to update your templates? Since many smaller-screen users will be multitasking when they're reading your emails, the design needs to be simpler, more focused, and easier to navigate. Just be sure that tablet and desktop users are still enjoying a strong viewing experience, since in many cases the final conversion will take place on these platforms.

7. Use Social Media Wisely

You must take stock of your social presence to ensure you're easily found and fully engaged in social conversations with customers, prospects, and shareholders, and ensure your content is easily digestible for the folks who are always checking their networks while on-the-go. When customers buy a product or use your service, are you encouraging them to share their experience on social media? Setting up business rules which listen for certain behaviors (e.g. positive reviews) and then using them as triggers for delivering email or Web content encouraging these customers to share their reviews via social can drive engagement in a hurry, so assess where you stand in this area.

Performing a digital marketing assessment will go a long way in helping you evaluate where you've had success, identify key areas for improvement, and set the stage for major upgrades to your program. Just remember: be honest in your self-evaluation to ensure you get the most out of your assessment. Finally, while this is large in scope, keep in mind that you don't have to tackle each area for improvement. Rather than trying to do everything at once and becoming overwhelmed, pick a few strategic areas to focus on and take incremental steps to move along the path to success. Before long, you'll find that the small steps you've taken have helped you realize some big goals!

(via)

Friday, September 5, 2014

Digital Marketing Facts You Can't Ignore

Digital Marketing Facts You Can't Ignore

In a B2B world – where 84% of marketers are using some form of social media – responding to customer demands and trends and developing the appropriate strategy is crucial.

Here are some facts we, as B2B marketers, simply can’t ignore.

Internet users perform 131 million searches a month globally and 75% don’t click beyond the first page of results.

What to do: Believe it or not, this statistic is a big deal for B2B and it screams content marketing and SEO strategy. First of all, the obvious answer is to improve SEO on your website and/or blog by doing expert keywords analysis (consider using Google’s Keyword Analysis tool) and monitoring site analytics. However, content marketing is also extremely important here. B2B marketers need to be producing content that is relevant to what the audience is searching for. In addition to keyword analysis, do some Google searching of your own for your key products and services and see what the top results are.

92% of companies who blogged multiple times a day acquired a customer through their blog, however there are 31% more bloggers today than three years ago.

What to do: CONTENT. CONTENT. CONTENT. Blogging is still a great tool for B2B marketers, but there is increasing blog competition and B2B clients who have less time to read blogs. If you are blogging daily or multiple times a day, blog posts need to be short and highly relevant. Consider integrating other marketing channels on your blog like linking to a Slideshare presentation or YouTube video. It’s time to get creative in the blogging world. Remember some tricks for converting (expert) content into social media gold – luring readers in with blog post snippets and posting during prime time hours.

80.8% of users read email campaigns on a smartphone or tablet and save the email to read later on a PC/laptop. 64% of people open an email because of the relevancy of the subject line, and for B2B marketers “money”, “revenue” and “profit” performed the best.

What to do: Are you overloading content on social media that should be in an email? Are you producing email campaigns that are mobile-friendly? Use programs that design your campaigns specifically for mobile and tablets with previews available. Produce content that a user will read later in front of his/her computer in the office. Some email programs allow you to test your subject line, however do your own analysis and determine why a fellow B2B colleague would/should open your email.

Emails that include social sharing buttons have a 158% higher click-through rate, and marketing campaigns that integrate at least 4 digital channels will have 300% better results than campaigns with only one channel.

What to do: Developing an integrated marketing strategy is no longer a priority just for B2C companies. Having an integrated marketing strategy for market-savvy B2B consumers allows for more interaction and more opportunities to showcase expertise. Connecting email to social media and social media to your website and your website back to social media creates an endless cycle of (expert) content. Put in the extra effort to create social share buttons for all your content and make sure your social media always links back to your website.
After all, lead generation is a top priority for B2B marketers, and 54% of B2B marketers generate leads for social media marketing. 

Wednesday, August 27, 2014

24 Helpful Digital Marketing Tips


24 Helpful Digital Marketing Tips
It’s time to change the way you think about digital marketing. A lot of what we once “knew” about marketing no longer applies, especially when it comes to using social media as a marketing tool. It’s time for an update, for new stats about digital marketing and how you can use them to your advantage.
 
Tip #1
 
Women use Pinterest four times more often than men do. As you are crafting a marketing message for Pinterest, keep in mind that your audience is going to be about 75% women and 25% men.
 
Tip #2
 
Instagram can now boast more than 55 million photos being posted daily. That means millions of active users, engaging in the platform.
 
Tip #3
 
Instagram is also leaking into Twitter, with about half of what’s being shared, being shared on both platforms.
 
Tip #4
 
Pinterest bests Twitter, Google+, and LinkedIn in the amount of time spent on the website and the amount of referral traffic to a webpage. That means, if you aren’t taking advantage of this platform, you are missing out on millions of site visitors.  Of course, it has to be relevant to your practice and your patients!
 
Tip #5
 
Instagram isn’t just for selfies or pictures of dogs. National Geographic is one of the most followed accounts, and their pictures are informative and valuable. Even if your products or services are not fashionable or particularly visual, you can find a way to make use of this platform, even if it is just through visual text posts.
 
Tip #6
 
Of the nearly 700 million Twitter users, about 3% of those accounts are fake. Don’t waste your time trying to buy bot traffic on Twitter—it doesn’t work and it may even get your account shut down.
 
Tip #7
 
About 30% of people say they use Facebook, Twitter, or Pinterest to discover new things that they want to buy. If you are not on social media, this means you are only getting a fraction of the traffic and sales you could be making.
 
Tip #8
 
Hashtags improve engagement with a Tweet by more than 20%--especially if you have two hashtags, but no more than three. Two or three hashtags is the sweet spot.
 
Tip #9
 
If you have a video on your landing page, you are more than 85% more likely to turn a conversion than if you did not have a video.
 
Tip #10
 
Only 7% of Americans have no idea what Facebook is or how to use it. Are those 7% even in your key demographic? This means that 93% of Americans either know about, are familiar with, or use Facebook on a daily basis—those are people you want to reach, aren’t they?
 
Tip #11
 
Mobile banner ads are notoriously terrible. Consumers hate them and about 50% of the traffic they generate is accidental and amounts to nothing. That means only half of the traffic they draw actually wants to see your page—now, narrow that number down by the percentage of people that actually make a purchase. Are mobile banners worth your time?
 
Tip #12
 
The shorter your Facebook post is, the more likely it is to draw engaged readers. Less than 250 characters (that shouldn’t be too hard, that’s 110 more than Twitter gives you), is the sweet spot.
 
Tip #13
 
Social media takes serious time. The people who saw the most engagement spent more than six hours a week working on their social media pages. Think of what you could do if you used six hours a day to promote yourself on social media?
 
Tip #14
 
Almost 50% of women say that the blogs that they read regularly have an effect on their buying decisions. Is your blog one of them?
 
Tip #15
 
Almost 50% of Pinterest’s traffic comes from mobile devices like tablets. Is your website mobile friendly enough to handle this traffic when someone clicks through a pin to your website?
 
Tip #16
 
Even business to business marketing can benefit from social media—60% of traffic for these kinds of businesses and their B2B marketing comes from social media, especially LinkedIn.
 
Tip #17
 
Social media is the new word-of-mouth, with plenty of small businesses using their social media to engage with their customers and encourage those customers to share their business with their friends.
 
Tip #18
 
Think a traditional commercial will bring you new customers? Think again. YouTube views top every single network, especially in demographics like 18-24 year olds. If you want to get hip with the kids, it’s time to stop focusing on TV and start focusing on media like YouTube instead.
 
Tip #19
 
Does your favorite restaurant have a Facebook page? Nearly half of people use Facebook when looking for somewhere in their area to eat. If they do have a page, they should make sure it has their location and hours of business clearly posted.  Do the same with your dental practice!
 
Tip #20
 
While Pinterest is great, bloggers are more likely to draw traffic when women are looking for new food or decorating ideas. A blog with posts that can be easily shared to social media is your best chance for drawing traffic.
 
Tip #21
 
Want to leverage your Pinterest posts to get even more clicks? Make them DIYs, recipes, or tutorials. These pins see 42% more clicks than various other pins.
 
Tip #22
 
If you sell electronics, don’t neglect Twitter, as studies show that people take to Twitter to find out about electronics and what to purchase—far more than any other social media or marketing venue.
 
Tip #23
 
A third of people who use Google to search for something click on the very first result. How does your search engine optimization stack up?
 
Tip #24
 
Almost 60% of bloggers say that they have drawn customers through their blog. That’s a surprisingly high rate.

Friday, August 22, 2014

Digital Property Is "Real" Property: 5 Ways to Treat It That Way


Digital Property Is "Real" Property: 5 Ways to Treat It That Way
Although we're in at least the seventh decade of the Digital Era, and people realize how integral social and digital technologies are to both our personal and professional lives, there is still a very strong tendency to underestimate the critical role of digital property in managing a brand identity, pursuing goals and objectives, and managing risk. Digital property is often treated as if it's less important than more traditional notions of property like physical assets and tangible goods (including paper-based goods). The main reasons for this are likely:
  • It's something that many people haven't given much thought to (unless they have a tech company or online business). Everything's been changing so fast, particularly over the past few years, that many folks haven't had enough time to slow down and think about what their digital identity and activity should look like, or how they need to protect their brand(s) and organization(s) in cyberspace.
  • Compounding that issue is the fact that many people - particularly leaders - are still fairly illiterate when it comes to digital technology, and they often "don't know what they don't know." As a result, they are generally unaware of the kinds of factors they should be paying attention to and taking action on, particularly when it comes to managing risk. They also haven't prepared themselves to commit the necessary resources to ensure their digital property is well maintained and protected.
  • Finally, there is the issue of digital's "false invisibility." Unlike physical assets and other tangible materials, digital property is basically only seen when someone makes a point to look at it. So if an individual or organizational leader isn't paying attention to it, it's easy to forget it's there. Ironically, however, it actually creates much more exposure for both individuals and organizations. The number of people who can access a piece of digital property in cyberspace at any given moment is far greater than the number who can access any physical, earth-based equivalents.
Recognizing and respecting that digital property is in fact “real” property requires a real commitment to at least five key actions. These actions are critical for organizations of all types and sizes, including "single shingle" business owners (e.g., executive coaches, consultants). Depending on their digital engagement, other professionals should consider them as well. In a nutshell, organizations should:
  • Make sure they own their own domain name(s) (and related social media accounts)
  • Restrict email communications to the organization’s domain-related address(es)
  • Take cybersecurity seriously
  • Maintain a presentable a web presence (at all times!)
  • Implement policies and procedures (and allocate time and resources) for maintaining digital property

Treating Digital Property as "Real" Property: Recommended Actions

Owning Domain Names and Social Media Accounts. Every organization should own their own domain name(s). This may seem obvious, but there are a lot of organizations that have never taken ownership of this key piece of digital property. I have a website client, for example, that has a valuable, well-established domain name, which is owned by their former web host. If they wanted to, they could hold the domain hostage, either refusing to transfer ownership or holding it for ransom. When scoping out work for another prospective client, I discovered they had somehow lost ownership of their domain and have had to lease it back from the legal owner to maintain their web presence. Since it's unlikely that the owner will transfer ownership to them, they will probably have to embark on a rebranding effort and acquire a new domain to secure their future ownership rights.
In addition to owning the primary domain, it's a good idea to acquire the domain names for variations on an organization's core identity to protect the main domain and redirect people who may misspell or mistype the correct url. In addition to denovati.com, for example, we own denovati.net and denovati.org, as well as the domains for the alternative spelling, denovani.
Organizations may also want to engaged in what I call a "digital land grab" to claim related social media properties such as YouTube channels, Twitter handles, and Facebook pages. Even if they're not needed in the short term, it's better to reserve them just in case. I have a digital coaching client, for example, who owns several brand names and domains and is trying to decide which will be her primary digital brand. I encouraged her to reserve related Twitter handles until she makes her decision, so she doesn't run the risk of losing any of them (which is what happened to another client of mine).
Restricting Email Communication. Email communications should be restricted to the organization's domain-related address(es). I can't emphasize enough how important this is, and how not doing it creates unnecessary exposure and risk for an organization, particularly when email messages include proprietary and confidential information. Let me start by sharing some "unrecommended practice" examples I've encountered:
  • Years ago I worked at a firm that had a group of employees who never read their work emails. Rather than insist they they use their work email, the firm accommodated the employees by sending messages to their personal Yahoo, Hotmail, Gmail and other accounts on public email providers. More recently, I worked with a non-profit social services organization in which virtually everyone communicated using their personal email accounts even though they all had work accounts.
  • The employees of two other non-profit organizations I have been working with recently use email addresses associated with academic institutions that provide some support for them (e.g., office space) but with which they're not officially affiliated, rather than addresses connected to their own digital identity.
  • The staff of the management company that runs my condo building use either personal email accounts or accounts associated with the management company for all building-related correspondence, rather than using email addresses attached to the domain for our building (which just so happens to be owned by a board member rather than the condo association - oy).
Some may think these examples are no big deal, but they create both risk and confusion. The first risk, as noted above, is that confidential and propriety information is not only being communicated via unofficial (and in some cases insecure) channels, it's also being stored offsite. If an organization would not want an employee to take certain work documents home and leave them there, why is it okay to allow them to do the digital equivalent?
There's also the risk that the organization can't properly lay claim to or manage their own email property. Obviously it would be virtually impossible to retrieve all the organizationally-focused messages and related materials stored in people's personal email accounts. But it could also be tricky to retrieve digital property that's effectively owned by another organization (i.e., the academic institutions and management company in the examples above), particularly if the relationship with them ends on bad terms.
And finally, using a domain that isn't associated with the organization or its brands can create confusion and may undermine the organization's objectives. In the case of the non-profits, for example, people may think they're dealing with an employee of the university, and/or that the communications and activities of the non-profit are officially-sanctioned university activities. They could also get the impression that the non-profits receive significant financial support from the academic institutions, which could hinder fund-raising efforts. Note: although I am not as familiar with how this practice works, there may also be some risks for small organizations (in particular) who choose to use an email platform like Gmail, but mask it with their domain-focused email address. Anyone choosing this option would be well advised to read the fine print in the user agreement to ensure they have full rights to the content they create and all related Google data (e.g., contacts, calendar info), in addition to having their privacy rights reasonably protected.
Taking Cybersecurity Seriously. It seems that not a day goes by that we don't hear about some security breach that puts both individuals and organizations at risk. We may be fighting a losing battle to some extent, but there's no excuse for not using good cybersense. One of the most important things we can all do is to establish strong (and unique!) passwords for every site we use.  "The question you need to ask yourself is would you trust (a) site to have a copy of your house key. If your house key could be copied instantly and used anywhere in the world by any person in the world, you wouldn't." They go on to advise, "Use a different password for each account you use — you wouldn't use the same key in all of your locks, so the same goes for passwords."
As with individuals, good password security for organizations means not picking obvious choices. For example, a hot dog stand that was established in 1932 should avoid passwords like "hotdogs1932," "hotdogs32," "hotdogs32!" and even "23sgodtoh," as they are all easy to guess. Good password security is especially important for accounts that include confidential and/or financial information (e.g., PayPal accounts).
To reduce vulnerability to spam, unauthorized website access, and the malware that can be transmitted via email, organizations should not include individual email addresses on their website(s); they should use generic addresses like info@ or email@ instead. Better yet, all communication from a website should be funneled through an online form that includes a Captcha or some other feature to prevent bots from getting through.
As much as possible, organizations should limit access to digital property (even through their physical property!) to ensure that the smallest number of people necessary have access to various accounts. This applies to employees, of course, but also outsiders. Access for vendors or service providers should be deactivated after their contract ends, just as you would with an employee as part of the exit process.
And of course education is key. Everyone in an organization should be aware of the potential risks of exposure, as well as the possible entry points into various systems. Even the most sophisticated software in the world can't protect against what is often the weakest line of defense: people. It's important to make sure they're informed, and that they are smart about where and how they engage.
Maintaining a Good Web Presence. If an organization is going to have a website, it should look good and be a positive representation of the organization and its brand(s). Even if a site doesn't still have the flying flag gif (remember those?), that doesn't mean it not's conveying a sense of being old and out of date. Here again are some cautionary examples from clients and other connections:
  • A single landing-page only site intended to be temporary but persisting for years
  • A static, anemic site with little relevant info
  • Broken links, missing images and other significant errors
  • An unsophisticated site with an out-of-date look and feel (think shag carpeting, avocado green appliances, fussy furniture)
  • A (many years out of date) blog, and/or one with only a few entries
Websites have changed a lot in the past couple of years, particularly to accommodate mobile devices, and if your website is your main digital hub you want it look good and reflect positively on your organization/brand. If you and your staff no longer wear giant, face-filling eyeglasses, muttonchop sideburns, big hair, and/or oversized shoulder pads, why would you want your digital property to convey the sense it was designed by Mike Brady or that your personal stylist is Austin Powers?
Maintaining a decent website requires a lot of time and hard work. Don't have a website just because you think you have to have a website. Make sure it's necessary for your objectives and brands. If you're a "single shingle" professional, for example, you may only need a personal LinkedIn profile (especially now that they include a blogging feature) and possibly a company page. Again, use a physical world equivalent (e.g., a storefront, an office) to decide how important a website is, and whether it's worth the effort to create and manage.
Although they're unlikely to look dated in the same way, social media profiles can also poorly reflect on an organization and its brand(s) by not making proper use of the core design elements for things like Twitter accounts, brand and company pages on Facebook, Google+ and LinkedIn, and YouTube and SlideShare channels. Problems also arise when these profiles/accounts include erroneous or out of date information, such as Christmas hours in April, and old phone numbers and addresses. In addition to poorly constructed and managed organizational profiles, missing, anemic and inaccurate individual profiles on platforms like LinkedIn can be problematic as well - particularly if they're associated with organizational leaders and other professionals with an external focus (e.g., sales, business development, recruiting).
And of course there's the problem of what I refer to as "digital detritus," which often happens when organizations abandon certain platforms or accounts without making an effort to board up, tear down, and or redirect visitors from digital property that is no longer being used. What kind of message does this convey to clients and prospects about the care and attention you're likely to give to their accounts and the products and services you provide them? Would you want your company sign hanging on a building or office you no longer use (particularly one that looks dilapidated)? Once again, if that's not a choice you'd make in the physical world, it shouldn't be okay in cyberspace...
Making Maintenance a Priority. Organizations need to implement policies and procedures (and allocate time and resources) for maintaining digital property. One of the things that has become clear in the digital audits I've conducted, however, is that many organizations haven't yet extended thinking about their operations from the physical world to cyberspace. I think the primary reason is the "false invisibility" of digital property. For example, one of my clients, a high-end grocery retailer that takes extreme pride in the quality of their brand, would never allow out-of-date signage in their stores (e.g., announcing Christmas hours around Easter), but there were numerous instances of that very thing on various pieces of their digital property (e.g., store-based websites, Facebook pages). Similarly, another client that runs an annual event is not nearly as quick at tidying up their website after the event ends as they are at putting away all the physical artifacts.
If you were to ask the grocery retailer how they keep their stores in such great shape, they would likely explain that they have various maintenance procedures in place, as well as a system for tracking and monitoring to make sure everything is in order. They would also say that responsibilities are clearly defined and that they make sure staff are properly trained to successfully complete assigned tasks.
That kind of operational logic, which is so well established in the physical world, has to be extended to digital property as well. Organizations have to build digital maintenance into people's jobs, ensure staff have the required knowledge, skills and abilities, develop and implement a set of maintenance procedures, and monitor digital spaces on a regular basis. Doing this requires time, so leaders need to be sure staff have the capacity to incorporate digital activities into their regular work schedules.
If current staff don't have the time or skills to take these tasks on, organizations should add a full or part-time position or outsource the activity. If there aren't enough financial resources to add staff or hire outside help, it may be necessary to pull back on digital commitments. In most cases, a small (or nonexistent) digital footprint is likely better than a poorly maintained and managed one that reflects badly on the organization and its brand(s).

Sunday, August 17, 2014

Optimizing Search and Digital Marketing With Multi-Channel Attribution Modeling

Success of digital marketing is often attributed to the assists of other channels. While attending ClickZ Live San Francisco’s session on "Optimizing Search and Digital Marketing With Multi-Channel Attribution Modeling" by Crispin Sheridan, I had a good opportunity to provide our SEW readers with the SAP viewpoint on how they created their attribution models as well as the impact it had on their business. Unfortunately, Sheridan could not attend the session due to an illness. However, he was replaced by a well-known advocate in the search industry, Bill Hunt of Back Azimuth Consulting.
SAP started the switch to attribution modeling based on the needs of their business and identifying their customer journey. The long sales cycles, multiple individuals involved in interacting with all media types on multiple platforms, and the significant spend on pull and push marketing were certainly driving factors. They knew that all of the assists by their channels, from the first touch to the last, mattered, but how much? Where does the customer journey start and where does it end, and what is the best investment mix to drive maximum revenue?
By looking at their tactics, they found that the last-click attribute unfairly assigns the credit to direct or pull channels (example, SEM), where the first-click attribute unfairly assigns credit to awareness or the push channels (for example, display ads). After putting together a report of each siloed marketing tactic, the results were stunning - each division of digital marketing was claiming credit for leads that weren’t necessarily attributed to them; even worse, the real lead amount was very different from the reality.
lead-generation-report

Identifying Models

Once the SAP team knew how impactful not providing attribution modeling to their reporting was, they had to review which types of attribution models would work for them. Putting together the types of attribution models helped them decide how they would give credit and why. The three models to look at for attribution methods are:
  • Linear: splits everything evenly
  • Weighted: assigns credit on a curve, requiring them to make judgment calls
  • Recency: based on time stamps, which assigns credit based on length of time passed.
Each one, they found, has its benefits as well as its challenges.
attribution-models
It was not only the macro media mix modeling that would come into play here. Beyond determining which attribution models would work for the organization, they also had to look at the micro attributions of each digital marketing tactic, as one change can greatly influence the impact of another attribution.
By testing and learning on the micro level, they were able to understand how channel overlap impacts conversion rates, the true reach and frequency across touch points, and the contribution of each action, channel, and message, as well as the optimal sequence of channel exposure to drive conversions.

Getting Started

The first requirement to attribution modeling is setting up good tagging governance and processes. It’s critical that the master tag is across all digital touch points and that the tag management system that you use provides the ability to tag each individual component correctly so you can do multivariate testing when it comes to optimizing the micro attributes.
Next, every touch contribution needs to be indexed based on its contributing factors to the last click.
touch-contribution

The Results

Initially, SAP found that they might be buying more exposure than necessary, there was a lot of channel overlap, and that optimizing the volume would net better results.
Once this was done, they were able to determine frequency of exposure and conversion rates of each specific tactic. This would finally result into the report that they’d been waiting for, which answered the question of what impacts the conversion and to what degree.
attribution-chart
This led to the action of re-allocating budgets from banners to SEM. Surprisingly, they found banners act more as closers, where SEM acts more as an opener. SEM gained 14 percent additional conversion credit because it indexes very high as an introducer and has a high overlap with other vehicles. Introducers get the majority of the credit from the models.

The Test Lab

Now that the attribution modeling systems were working, the next step to SAP’s success was to put together a globally mandated test lab over a period of two years. Out of the first 80 tests that were launched, they were able to generate more than 25,000 incremental inquiries, increase their lead value, and gain more than 100 important insights.

5 Key Optimization Discoveries From the Test Lab

1: Turn heroes into action heroes

This was a multivariate test, where in addition to the button in hero, SAP tested body with images versus no images and then tested a more human-oriented image for the background of the hero – the big win was getting an offer (CTA) into the hero and injecting some clear action in that key area. SAP found that the more human touch on the hero image didn’t help and also found that whether they had thumbnail images or not in the body content didn’t have meaningful impact on response/conversion. This lead to a 19 percent increase in conversions.

2: Photographic imagery sharpens response

As SAP started to leverage more pictograms, questions started to pour in about what works best, pictograms or photographic images. Par for the data-driven course, we put the question to the test. Photographic images have been driving more response consistently across tests from various geographies. This led to a 46 percent increase in conversions.

3. Great results don’t have to be complex

The ultimate test is one that yields great gains with very little cost. SAP is always searching out quick wins and low-hanging fruit. In the example that was provided, a simple copy change that leverages the word "download" – which reinforces a "tangible" resource that will always be accessible – helped drive 47 percent gains in the related lead form submission rate.

4. Make those CTAs easy to spot (and click)

CTAs are often the keys to the conversion, so in SAP’s testing efforts they sought what the impact would be to make them easier to find. The result was 7 percent more clicks, which, when factoring in the snowball effect of syndicating out the result across thousands of pages and dozens of country websites, has profound impact on overall business value.

5. Test surprises happen, which is why we test

SAP has a mix of content offers that are gated (behind registration) and not gated (freely available). The organization thought it would be useful to give site visitors some visual distinction as to what requires registration. They decided to test this and see what the impact was on their lead generation efforts and found that the visual cues actually suppressed registration rates. The theory in hindsight was that the distinctions fueled more efforts to "seek out" the free stuff. This led to a 17 percent increase in conversions.
Finally, the results come to this:
conversion-chart
The key takeaways from Sheridan’s well-written presentation were this:
  • Distinguish between macro and micro optimization – Correctly form a macro attribution model, then look at each tactic to create micro optimization and evaluate the impact.
  • Drive to your most relevant attribution model(s) – You may have been putting too many resources into the wrong marketing channel. Learn from the data and attribute your budgets correctly.
  • Ensure proper tagging structure (master tag) – Make sure your tagging is correctly implemented so that the data you are seeing is correct. You may also need a full-time "tag manager" role.
  • Apply multivariate modeling and testing to optimize the impact of each tactic – You will certainly find that by doing so, your conversions may dramatically increase.
All in all, once you’ve "wired up" your digital landscape and are collecting the data, the correct model or models will be easy enough for you to find.
(via)