The Internet Marketing Driver: Glenn Gabe's goal is to help marketers build powerful and measurable web marketing strategies.

Tuesday, February 12, 2008

Valentine’s Day Online Shopping, Will Retailers Live Up To Shipping Promises

Valentine's Day Online Shopping and ShippingLet me start by saying that I already purchased gifts for my wife, children, and mother. ;-) But as I viewed various emails coming in yesterday from online retailers, I was shocked to find that only a few were still targeting Valentine’s Day shoppers. Yes, I know that they would only be targeting “last minute shoppers”, but they are still customers, right? And, last minute shoppers will always be there…it’s their M.O. So, I started wondering…which online retailers are targeting Valentine’s Day shoppers heavily? How visible are the promotions, what kind of shipping options are available, and how were they communicating to last minute shoppers? I decided to take a little trip around the web to see what I could find. I visited several of the websites that my wife buys from, and who knows, maybe I’ll be so confident that a gift will get here on time that I’ll make a purchase today! Cue cliffhanger music. ;-)

Sephora.com
My wife loves the website and their retail stores. At first glance, there is not a single mention of Valentine’s Day. Really?? I was shocked to see this…given that they are one of the most popular beauty retailers (with both a strong offline and online presence). I saw a promotion for free shipping over $75 so I clicked through. Nothing about Valentine’s Day. Let me add something to my cart and see if they mention Valentine’s Day shipping…Nope. Wow, so you’re telling me that the hottest beauty retailer is not paying attention to Valentine’s Day?? I think they need to rethink this approach…

Banana Republic
OK, so I’m not out of my mind to think this is a relatively important day to target…Banana Republic has a nice area of real estate on the homepage targeting Valentine’s Day shoppers. Thank you Banana Republic! “Ensure Valentine’s Day Delivery by WED, February 13th” (see visual below). Excellent. Big, red, and clear as day. So I click through the advertisement and I’m taken to a section dedicated to Valentine’s Day. They have a left side navigation breaking down their Valentine’s Day gifts by gender, product category, gift cards, etc. They also provide links to their shipping policy, returns policy, gift packaging, and other helpful tools. Banana Republic gets it...and I’m confident they are reaping the benefits of being so thorough. I just might be back to make a purchase before I end my journey across the web…read on.

Click the image below to see the full size graphic:
Banana Republic Homepage Ad for Next Day Shipping

JCrew
Danger…the homepage had no mention of Valentine’s Day. I clicked through to a few product categories, but still no mention. I went to search the site for any mention of Valentine’s Day and to my complete disbelief, there wasn't an on-site search box on the page...a link to the search box was buried at the bottom of the page. It produced 0 results when I entered Valentine's Day. Then I used a site command in Google, which also showed 0 results. Wow, I guess JCrew believes that their shoppers don’t want to give JCrew products as Valentine’s Day gifts. ;-) Needless to say, I think JCrew can improve their Valentine's Day promotion...

Apple Store
Although not completely apparent on the homepage (it was hidden in the middle of the screen below the hero image), the apple store does provide a Valentine’s Day section. They actually have a gift guide, broken down by product category. They also have a left-side section in the navigation for shipping information (along with a link to their shipping calendar.) It only took me a minute or two to find possible gift ideas and to see if it would arrive on or before the 14th. In addition, the shipping calendar was broken down by product. Very nice. As usual, I like what Apple did here… I might be back before my journey is through.

Amazon.com
Upon hitting the homepage of Amazon.com, I clearly found links and promotional advertisements to their Valentine’s Day “gift central” section of the website. In this section, they break down possible gift ideas by several major categories, including color (yes, red, pink, white, etc.), flowers, chocolate, jewelry, fragrances, then by price, relationship, personality, etc. Within the website template, Amazon also provides a text link in the top right corner about 2 day shipping for Valentine’s Day, but I’m not sure that’s enough. It links to their Amazon Prime service, which is a premium service that enables you to earn fast shipping. But what if I just wanted to view the last day that I can place an order so I can have the products delivered by the 14th? I think Amazon did a great job with their gift guide, including getting you to the gift guide, breaking down the guide by category, etc., but as you approach the big day, you really want to know if your order will get to you on time. I know that it’s tough for Amazon to do this, since you might be purchasing from other vendors and shipping can be dictated by those vendors. That said, when you approach a holiday (which is obviously time-sensitive), you really want to know the final day that you can place an order to have gifts delivered on time. So, if it was a week out, I would say that Amazon did a great job…but being only 2 days out, I would be nervous ordering…

The Journey Ends…
That was my little trip around the web to see which websites were readily handling last minute Valentines’ Day orders and providing clear shipping schedules. Nobody wants to be disappointed on the 14th, so it was interesting to see the differences between online retailers. Based on my journey, the winner is Banana Republic. I think they earned it…they did a fantastic job of providing clear information about shipping for Valentine’s Day, they created a dedicated section for Valentine’s Day gifts, and simply made it easy to find the right gift… So although I’ve already purchased some gifts, I added one more this morning from Banana Republic. They are guaranteeing next day delivery, which means I should receive my order on the 13th.

Now, let’s see if they live up to their promise of Next Business Day Shipping. I’ll write a follow up post to let you know how it goes. :)

{UPDATE}: And just when I spoke so highly of Banana Republic, a problem pops up!… I added some items to my cart and didn’t see any option for next day delivery…it was only showing Standard Delivery of 4-7 days. That’s after they guarantee next day delivery for Valentine’s Day! So I called the 800 number and spoke with a very nice customer service representative. She explained that 2 categories of products in their gift guide cannot be shipped next day… But they are in your gift guide right next to your advertisement about next day delivery? "I know…she says…I’m sorry." Ugh. So I’m going back on the website to see if I can find something else that fits (no pun intended). OK, so I found another gift that I think my wife will like. I just placed the order using Next Business Day Delivery. Yes, this was a little hiccup in the process, but we’re back on track. I’ll let you know how this ends up!}

GG

Read Part 2 of this post, which contains the results of my Valentine's Day challenge to Banana Republic!

Labels: , , , , ,

Friday, November 16, 2007

Black Friday, Cyber Monday, and Now Gobble Thursday - More Holiday Tips for Web Marketers

Online Marketing Tips for Black Friday, Cyber Monday, and Gobble ThursdayEveryone knows of Black Friday, the Friday after Thanksgiving, which is the busiest retail shopping day of the year. This is the day that retailers provide incredible sales and deals for customers willing to wake up early and hit the shopping trail! Then there’s Cyber Monday, which arrived after online shopping took hold. It’s the Monday following Thanksgiving, and the day that many consumers purchase online at work (and try and hide it from their bosses). :-) But there’s another important day for online retailers (at least for me). I like to call it Gobble Thursday, or Thanksgiving Day. For a number of years, I’ve been cranking out over 80% of my holiday shopping in the wee hours of Thanksgiving Day. It’s a tradition for me now. So as web marketers, you want to take advantage of online holiday shoppers like me during Thanksgiving week (and for the Monday after). So, I’ve collected some last minute tips to make sure you convert as many of those holiday shoppers. Go ahead, gobble up these tips! ;-)

1. Free Shipping and Other Shipping Discounts
If you don’t provide some type of shipping offer, you'll lose out! People expect free shipping in one form or another during the holidays. So, even if you’re a small company, you better figure something out or you will lose customers to competitors that do. It doesn’t have to be free shipping on everything. You can provide free shipping on orders over a certain amount (like $25 or $50). The specific amount is based on your business, so you can figure that out with your CFO. :-) Also, make sure you communicate the offer in all of your campaigns (email, paid search, shopping engines, etc.) More on this later. Personally, I absolutely lean towards buying from online retailers that provide free shipping for the holidays.

2. Have Your Holiday Email Schedule Mapped Out
Email marketing to your internal list is still the most effective way to get in touch with your current customers (which is why I rank it as the most powerful online marketing channel at your disposal). It’s a powerful driver of sales, especially if you carefully map out your holiday schedule. For example, determine the special offers you will run during the holidays, when those offers take hold, determine your creative for each blast, and start scheduling the blasts. Also, I would plan on sending follow up emails. I can’t tell you how many times a reminder has pushed me to place an order. Let’s face it, people are ridiculously busy during the holidays so sending a reminder is a good idea.

3. Provide Outstanding On-Site Search Functionality and Provide a Holiday Guide
When I crank through my holiday shopping, I love using on-site search (as do many other people). I want the results to be clean, return relevant results, and provide a good amount of information about the product. I really only want to go to product detail pages of items that I want to buy… In addition, providing some type of holiday guide helps customers find great gift ideas fast. For example, show visitors what’s featured for the holidays, provide great gift ideas, break them down by category, etc. If you are short on resources and time, then create a few new pages on your site and organize your products based on how your customers search for items. This can be by style, age, price, size, etc.

4. The Mighty Gift Card
Know matter how you cut it, people love gift cards. In my opinion, I believe there’s only 1 out of 10 people that know how to buy gifts. I mean really good gifts that are well thought out. Most of us have been on the receiving end of some doozies, right?? Anyway, provide gift cards on your site for people who want to buy something quickly or for those that don’t know exactly what to buy. The dollar increments should match your products. So, if you sell $10 items, then have the gift cards in $5 increments up to $50. If you sell $50 items, then have a $10, $25, $50 and $100 gift cards. You get the picture…

5. Coordinate Your Online Marketing Campaigns
Make sure all of your marketing efforts are coordinated. For me, I’d rather not see one offer in email, another in paid search, and yet another when I hit a landing page. For example, if you are running free shipping for the holidays, then make sure you communicate this offer via email, paid search, shopping engine listings, banner ads, etc. And, make sure your campaign landing pages match the advertisements people are clicking through. Imagine someone clicking through a free shipping ad and then hitting a landing page with no mention of the offer (or worse, a different offer altogether!) If you have a blog, make sure you communicate your latest promotions in your blog posts, and again, have those offers match up with the pages you are sending visitors to. It doesn’t take much to throw off potential customers, which means fewer conversions, and less revenue.

In closing, there are many things you can do to enhance your holiday marketing efforts and I’ve provided a few ideas above. Think about it…if you map out your top 10 ideas and then run with your top 5, you’re giving yourself a better opportunity to have a successful holiday season. Just be prepared to adapt as the weeks go by, based on the data you are collecting (hello web analytics).

I can hear those shoppers gobbling up your products already. I can’t wait for Thanksgiving morning. :-)

GG

Related Posts:
Analyzing Your Holiday Email Marketing Campaigns using Google Analytics

Labels: , , , , ,

Tuesday, November 06, 2007

Analyzing Your Holiday Email Marketing Campaigns Using Google Analytics

Analyzing Holiday Email Campaigns with Google AnalyticsAs the holidays approach, chances are you will be launching several email marketing campaigns. Busy holiday marketing schedules heavily rely on email to connect with customers, promote holiday sales and offers, and to drive revenue. With the flurry of emails you’ll be sending out, analyzing your campaigns is critical to improving their effectiveness. Utilizing a robust web analytics package is a great way to scientifically determine what works best for your specific customer segments, and maybe more importantly, what doesn’t work. So, I decided to write a post that covers analyzing your email marketing campaigns by properly tagging your email links (for analysis in Google Analytics). Then you can break down and analyze your email creative at a granular level in your analytics reporting.

First let's define "tagging your online ads":
Tagging is the process of adding querystring variables to links in your online ads so your analytics package can detect and then associate each link with a campaign. Then you can access reporting based on visitor activity. For example, tagging a banner so you your analytics package knows which website the banner was placed on and which version of the banner led to a click through. The reporting will also provide important metrics for your campaigns such as site activity, sales, conversions, bounce rate, etc. Tagging is critical to understanding how your marketing campaigns are performing.

Breaking Down Your Email Marketing Creative
Let’s start with a wireframe for our sample email marketing creative. As you can see below, we have the following areas that we want to track:

1. header with branding
2. product image
3. headline next to product image with product info
4. special offer
5. footer with company links

Breaking down your email creative and tagging links.

Tag, You’re It! Tagging Your Email Creative:
In Google Analytics, you need to tag your campaigns so you can properly analyze each campaign in your reporting. You achieve this by tagging each link that you want to track. The four variables that you will utilize in Google Analytics for this example are:

1. utm_source
2. utm_campaign
3. utm_medium
4. utm_content

utm_source
This is the source of your marketing campaign, so for our purposes "InternalEmailList" will work just fine. Just remember to keep this consistent for future campaigns to your internal email list so you can easily segment and aggregate your reporting data in Google Analytics. Other examples of Campaign Source are websites you are advertising with, shopping engines, a search engine like Google or Yahoo, PRWeb, etc. It’s basically the source of your campaign traffic.

utm_campaign
This is simply the name of your campaign. Note, you should use a descriptive name here, since it will show up in Google Analytics under the Traffic Sources tab in Campaigns.

utm_medium
Medium identifies the marketing channel you are utilizing for your campaign, such as email, banners, search, pr, etc. Obviously for our example, we’ll use email.

utm_content
I saved this for last, since it’s what we'll be focusing on for tracking your email marketing creative. You should use a different value for utm_content for each section or specific link in your creative. This enables you to view reporting based on the content breakdown in your email creative (which will help you determine the value of each element in your email). More on this later.

So, for our example, the utm_content values would look like this:

Header: utm_content=HeaderBranding
Product Photo: utm_content=ProductPhoto
Headline: utm_content=Headline
Offer: utm_content=Offer
Footer Links: utm_content= FooterLinks

Note, this is a simplified example, and you may choose to get more granular in your own email creative. For example, you may choose to tag each specific link in the footer versus tagging all of the links in your footer as "FooterLinks".

The Full Picture (or should I say "The Full URL")
I just explained how to set the utm_content variable in your link, but I also mentioned 3 other variables that you should set. Here is what your link would look like for the header element in your email creative using all 4 variables:

http://www.hmtweb.com/blog/?utm_source=InternalEmailList&utm_medium=Email
&utm_content=HeaderBranding&utm_campaign=PreThanksGiving

Each of the links in your email should contain this querystring using all 4 of the Google Analytics tracking variables I listed above. You can also utilize Google's URL Builder to help build your links.

Blast Away!
At this point, you should fully test your creative to ensure everything looks the way it should across email clients, ensure all of the links work properly, ensure you tagged each link correctly, etc. Then blast away and wait for data to come in (and revenue!)

Tracking Your Email Campaign in Google Analytics
OK, so you blasted out your email campaign yesterday and you are eager to see how it’s performing. Log into Google Analytics and click the Traffic Sources tab. Then click Campaigns. You should see all of your campaigns listed here for the time period you selected. For our example, you would see a listing for PreThanksGiving, since this is the name we gave our campaign earlier. Simply click this listing to view reporting specific to this campaign.

At this point you can see the summary for your email campaign. You can see the number of visitors, avg time on site, bounce rate, etc. You can click the Goal Conversion tab to view the number of conversions from your campaign, and you can also click the E-Commerce tab to view revenue, number of transactions, etc. But you shouldn’t stop there… You can drill in further to view which elements are performing well in your email creative.

Click the image to view a larger version:

Viewing email campaign data in Google Analytics

View the Breakdown:
Click the Site Usage tab again in your report. Now, click the Segment dropdown and select Ad Content. You will now see each of the links you tagged in your email creative. Cool, right? Now you can view detailed reporting based on each element in your email. Why is this important? You may find interesting customer behavior that will enable you to drive better performance in future blasts. You might see that 75% of visitors clicked the product photo versus the offer. Based on that piece of data, maybe you expand your imaging in the email to include other views of the product to see if it increases your click through rate and sales. Or, you might find that a headline next to the photo draws more visitors than a headline above the photo. So on and so forth... You get the picture! When you break it down, your customers are unique and you might find that certain elements perform extremely well and others fall flat.

Click the image to view a larger version:

Analyzing email content using Google Analytics.


Back to your reporting… A sample analysis:
Now click the E-Commerce tab and view sales data for each element. You might find the product photo generated 70% of the revenue from the campaign. You might also see 10% of the revenue coming from the footer links. Why? Maybe customers aren’t sure who you are! Most people receive dozens of emails per day from companies they have purchased from. If you are a smaller company that is still building your brand, it might take customers a second or two to remember who you are… If you see trending that shows people clicking through your About Us link, you might want to promote your company and/or brand more in the email creative. i.e. Provide an About Us paragraph in the right sidebar of the email. This is obviously just an example, but you might find some important data from reviewing reporting like this... Back to our analysis, if you click the Goal Conversion tab, you can view conversions from each element in your email. Now you can track sales, newsletter signups, RSS subscriptions, etc. for each element in your creative. You might find certain email campaigns generate a lot of newsletter signups but only a few sales. You would obviously want to dig deeper and find out why that is...but you wouldn't know unless you track it!

In closing…
Using this technique, you can break down your creative and tag each link so you can view detailed reporting for your email campaigns. During and after each campaign, you should check your reporting for trends in customer behavior. Then test out new ideas and drive elements that perform well. Over time, you can refine your campaigns to maximize your email marketing efforts.

So, if I’ve done my job well, your next move is to run down the hall and grab your email marketing coordinator screaming, “Hold That Blast!” so you can tag all of your links! ;-) Then you can enter meetings armed with data versus opinion!

GG

Related Posts:
Black Friday, Cyber Monday, and Now Gobble Thursday - More Holiday Tips for Web Marketers

Labels: , , , , , , ,

Wednesday, September 19, 2007

Effective Email Marketing with BuyCostumes.com

Buying Halloween Costumes from BuyCostumes.comI love Halloween. It’s my favorite holiday of the year. It’s the only time during the year when I can scare people without the fear of getting arrested! :-) In the past, buying costumes was always something I did at one of those fly by night Halloween stores that pops up a month before the 31st and is gone by November 1st. Thanks to the web, buying costumes has gotten much easier. I’ve been a big fan of BuyCostumes.com for some time now. I’ve been buying from them for 3 years and each purchase has been a great buying experience. So, when I received their latest email, which prompted me to buy 2 costumes and some cool accessories, I figured it would be a ghoul, I mean good time to write a post that I’ve been meaning to write for a while.

Email Marketing and BuyCostumes.com
BuyCostumes.com has always done a good job at keeping in touch with me. And based on my positive experience with them, along with my love for Halloween, I’m also happy to check out their site to see their latest and greatest costumes and offers. Now, I've explained in a previous post how I believe that email marketing to your internal list is the most powerful online marketing channel. How powerful? Here's a good example. I remember speaking with a friend of mine about a month ago regarding Halloween (he also has 2 kids.) I explained that I needed to get moving and figure out what costume I was going to buy and that I just received a good offer via email. He quickly said, “You mean the email from BuyCostumes.com?” That’s powerful. So, I wanted to focus on what I believe are some of the key elements of BuyCostumes.com's effective email marketing.

The Email Creative:
Their email marketing creative always intrigues me enough that I click through to the site. They provide great visuals of their products and always provide excellent offers (like the most recent offer: spend $100 and receive $20 off). I knew I would spend $100, so their offer was a perfect fit. In addition, they always provide their offers in the upper right hand corner in a bold and dark font (easy to see). I also know to always look there to find the details of the offer. The subject lines they use are direct and typically explain the offer.

For example:
“Still time to save - 3 Killer Halloween Offers”.
This was a reminder, so I was already aware of the offers. Their creative always includes html text and images, giving people with connection issues or email clients that block images a way to find out more information. I can’t tell you how many times I have received emails with one block image, which can kill your campaign’s response rate…

They Don’t Bombard Me (Unless it’s Halloween...)
I never feel like they bombard with me emails, but I also don’t feel like they’ve been out of touch for too long. Yes, as we’re approaching Halloween, their email activity has definitely picked up (as you would guess it would), but it’s Halloween and I understand this is their big quarter. They have provided great offers along the way, all with a relatively short lifespan (which is smart). It’s hard to give people a sense of urgency if you give them a month to buy something. Actually, with email, an offer that expires in a month will probably never get used. Your email will drop below the fold in someone’s inbox, never to be seen again. Most email campaigns have a 3 to 5 day lifespan, and I’ve rarely seen a lifespan of more than 2 weeks.

Here’s an example:
BuyCostumes.com sent me an email with 3 great offers, which I left in my inbox. Then, like everyone, I was slammed with work. I made a mental note of one of the offers and moved on to my work. So, a few days later, I received a reminder, which immediately drove me to act. That's smart email marketing. I always recommend blasting a follow up to people that haven’t responded to the first email, if possible. The reason is simple…people are ridiculously busy and it’s entirely too easy for your email to fall below the fold in someone’s inbox. Then it’s history. A reminder is a smart way to take "should-have-been conversions" to "actual conversions".

BuyCostumes.com (the website) Meets Your Expectations
When you click through to a site like BuyCostumes.com, your hope is that it meets your expectations. The website should have a great selection, be easy to navigate, offer excellent imaging functionality so you can see costumes up close and personal, provide fun accessories you might need to polish off your Halloween costume, and of course offer competitive pricing. BuyCostumes.com definitely does not fall short. I’m a big horror fan, so to click Adult Costumes, Horror, and then drill into costumes for men makes it very easy for me to target what I’m looking for. Then they enable you to drill down even further by clicking a subcategory within Horror, like Horror Movies. The costume listing dynamically changes based on your criteria. With thousands of costumes on the website, this functionality makes finding the one you want much, much easier.

Product Detail Page on BuyCostumes.comProduct Detail Page Imaging Functionality (Pan and Zoom)
Once you find a costume, you can easily zoom into an image (which opens in a new window). You can pan and zoom to get a better look at the costume, which is almost essential if you are serious about your costumes (like I am). Although they do have pan and zoom functionality, I actually think BuyCostumes.com can do better in this category. But, if you break it down, the fact of the matter is that you can get a good look at the costume using their current functionality. More on this later in my post.


Ratings and Reviews
They provide ratings and customer reviews, but I didn’t see many reviews… That’s a double-edged sword with providing reviews. It looks really bad when nobody is reviewing your products! So, I’ll help them out here…

Customers of BuyCostumes.com, review your products, let other customers know what you think, and make their buying experience even better! I just added a review so I’ve done my job. :-)

{Update: BuyCostumes.com launched a campaign to drive more reviews, and they added a nice incentive for customers (a chance to win a BuyCostumes-sponsored $150 Halloween Party). I recently received the email from BuyCostumes asking me to review the costumes that I just purchased. More about this later in the post.}

Search Functionality and Breadcrumb Trails
They have excellent search functionality, enabling you to search specific sections of the site and not just the entire site. They also provide a breadcrumb trail so you can easily find your way back to previous screens.

A Great Closer - Easy Ordering Process and Timely Shipping
I have always found it easy to order from BuyCostumes.com. Once you choose "checkout", it’s basically one step to submit your order. Their email correspondence is fast and provides you with all of the information you need (order details, track your order, contact customer service, etc.) Shipping is fast and I’ve never had a problem with the speed at which it arrives or the condition of the packaging. They’ve built up a lot of trust with me, which is extremely hard to gain and very easy to lose.

Possible Improvements for BuyCostumes.com
Don’t get me wrong, as you can see I think they do a great job. That said, there are always ways to improve.

* Segment their email list
I have always purchased horror costumes, yet I always get their general emails (which tells me that they haven’t segmented their list). It would be nice to get an email based on my previous purchases. For example, “Hi Glenn. We’ve noticed that you like our horror costumes. Here are the new horror costumes for 2007. Or, here are the top horror costumes from 2006.” So on and so forth. By the way, there are probably a thousand link-bait ideas for them, being a costume website!

* Provide Better Imaging Functionality
As I stated earlier, they provide good pan and zoom functionality, but I still think there is better technology out there. I think this type of imaging functionality is critical for buying costumes, so it would be a good idea for them to take a look at other solutions.

* Better Ratings and Reviews
This is not easy, since it’s based on customer participation. That said, they could encourage their customers to join the community and improve the site. Actually, it could be a good way to launch a word of mouth marketing campaign. For example, how many customers are as happy with BuyCostumes.com as I am? Probably quite a few. Tapping into passionate customers will only help their business, and WOM has become one of the hottest areas in web marketing. Also, how about a blog?? How fun would that be?

{Update: As I mentioned earlier, BuyCostumes launched a campaign to drive more reviews (very smart.) I received an email asking me to review my costumes for a chance to win a BuyCostumes-sponsored $150 Halloween Party. I explained above that I thought BuyCostumes.com should launch a campaign like this, and coincidentally, they did! And in true BuyCostumes form, they did a great job with the campaign. The email creative was clear and helpful, even providing the actual costumes you purchased with a link to the review form. Once you hit the site, the review form was extremely thorough, which will definitely help future buyers make informed decisions. And my favorite piece of functionality…you can upload photos of yourself (or your friends) in the costume! Fantastic idea… Great User Generated Content (UGC). The results? After browsing the site today, I see many more reviews. The campaign is working and I’m confident that these new customer reviews will help BuyCostumes meet and exceed customer expectations.}

I’ll close my post with two points…
1. If you are a Halloween fan, definitely check out BuyCostumes.com (and sign up for their email alerts). You may never buy a costume from another store or website.

2. If you are a web marketer and want to see a great example of effective email marketing, driving customers to a site that meets (or exceeds) their expectations, then you should also visit BuyCostumes.com and sign up for their email alerts (see link above).

By the way, I’ll be set up outside my house again for those of you trick or treating in my neighborhood…that is, if you dare…{cue evil laughter}. ;-)

GG

Labels: , , , , , , ,

Tuesday, June 19, 2007

The Top Online Marketing Channels - My Top 6 in June 2007

At least a few times per month I’m asked, “Which internet marketing channels do you believe are the strongest?” It’s almost impossible to answer this question without some context. For example, a company that sells toys is much different than a consulting firm looking for Fortune 500 clients, right? Each business will have its own top online marketing channels, based on their model. That said, below I have provided my top online marketing channels in June 2007. My top 6 are based on data collected from across my clients, as well as for my own business.

In addition, I have provided the personification of each channel, which is basically their famous alter ego. ;-) Please note that since web marketing is extremely dynamic, my top channels may change (even in a few months!)

Without further ado, counting down from 6 to 1:

Colin Ferrell Starring as Social MediaComing in at Number 6: Social Media
Who hasn’t heard of Social Media at this point…heck, there’s even an acronym for it in web marketing (SMO) or Social Media Optimization. Social Media is an umbrella term that includes social news, social bookmarking, social networking, media-driven sites like Youtube, etc. Top social media sites include Digg, Stumbleupon, Reddit, Netscape, del.icio.us, MySpace, YouTube, and dozens of other smaller sites. Using Social Media for internet marketing is hit or miss. Yes, these sites can be huge drivers of traffic and links, but some efforts will simply not take off. I think everyone has seen 1 digg for a story quite a few times… That said, I have seen some impressive results recently from a range of social media sites.

Why Collin Ferrell? You never know which Collin Ferrell you are going to get (or show up), right? You might get the Collin Ferrell who has had a few drinks, smoking a cigarette, and throwing the f-word around. Or, you might get the movie premiere Ferrell who comes sober, has some big names in his entourage that night, and lands a $30MM first weekend. Like I said earlier, Social Media is hit or miss.


George Clooney Starring as BloggingAnd at Number 5: Blogging
In late 2005, a VP of Marketing (yes marketing) asked me rather aggressively in a web marketing meeting, “Tell me…how in the world is a blog going to impact my bottom line?” Uh, I’m sure he would like to take back that question now! :-) I don’t need to spend much time explaining the explosive growth of blogs, their impact on readers (consumers), and how RSS, search engines, blog search engines, other blogs, and social media can all play a factor in helping Jane Nobody from down the street gain rock start status as the premiere mommy blogger! If you are in charge of marketing for your business and you aren’t blogging, start now. I’m not kidding, stop reading this post, walk into your IT department, grab a web developer by his collar, and set up your blog now. It’s cost effective, measurable, viral, and can get you closer to your customers than ever before.

Why Clooney? Top bloggers bring people together, they are industry leaders, can play nice with others, and enjoy sharing their knowledge with the community. Clooney has proven to be a big time movie star, but also gives back to the community and works to help others in this country and in other countries. He’s the closest thing Hollywood has to a future President (other than Arnold, of course!)


Tony Soprano Starring as Paid SearchNumber 4 on My List - Paid Search
A tough, gritty, time-consuming, and dynamic online marketing channel, with a hint of fraud in the mix! I’m a stronger advocate of Natural Search (see below), but based on my experience with paid search, it’s hard to overlook its power. The most popular places to run paid search advertising are Google (AdWords) and Yahoo (Yahoo Search Marketing). You can set up your campaigns fast, you have a lot of control over your message and what people are seeing on your site, and you will view results in hours. That said, you can also see your budget zip away in hours! :-) Effective paid search campaigns take time, skill, experience, and a drive to always improve your efforts. You need to be chest deep in your campaigns all of the time to reap rewards from ppc. From keyword research to building ad creative to designing landing pages to optimizing your campaigns, paid search is not for the faint of heart. Regarding fraud, you can read more about click fraud here, but don’t let the article stop you from trying paid search…just keep it in mind.

Why Tony Soprano? He’s tough, gritty, and results are the name of the game. He’ll give you a wad of hundreds for coming through and then smack you across the face the next day. Welcome to the family. :-)


Michael Moore Starring as Word of Mouth MarketingIn third place, Word of Mouth Marketing (WOM)
The power of wom is undeniably incredible. It’s pure viral marketing. You know, where John tells Mary, who tells her dentist, who tells her husband, who tells his friends at work, who tell their clients, etc. Before you know it, targeted visitors increase, sales increase, links to the site increase, organic rankings increase, blog posts about your product increase, etc. Sounds dynamic, doesn’t it? That’s why, in my opinion, WOM is one of the most powerful ways to enhance your business long term. So why doesn’t every company focus on Word of Mouth? It’s relatively hard to implement, it’s hard to track, and hard to determine a budget, which makes it hard to communicate to decision makers. That said, companies that understand its power (long term power), will reap great benefits from fostering word of mouth marketing. And by the way, I’m an advocate of both organic wom and amplified wom. I think both have their place in your web marketing arsenal. Check out WOMMA for more information about Word of Mouth.

Why Moore? Moore targets an issue and gets people talking. Then the grapevine effect of WOM takes over and everyone has an opinion…which leads to popular movies and revenue. I remember seeing Roger and Me in 1994 and telling my coworkers and friends about it. Think about Moore’s movies and the topics they cover. Then think about how you heard about them.


Anderson Cooper Starring as Natural SearchIn second place, the runner up is: Natural Search
I am a huge advocate of organic search, which are the natural search listings in the search engines (unpaid listings). Rank highly for your competitive keywords and you can drive large amounts of targeted traffic to your website. People trust natural search. It’s unpaid (theoretically anyway), and there are third parties (Google, Yahoo, MSN, etc.) that rank listings based on some criteria of importance (their algorithms). Yes, there’s an entire industry out there (Search Engine Optimization or SEO) that help companies rank highly for terms, but it’s not as easy as applying budget to your organic rankings and having that yield top listings. If you have optimized your site for natural search, then compare revenue from your organic search channel with your other channels. Then, take into account ad spend. Natural Search is ultra-profitable (and can help build your brand, increase targeted traffic, increase revenue, and your bonus). :-)

Why Anderson Cooper? He’s a younger and edgier version of news anchors from the past. He has built enormous credibility (like natural search engine results), but you know there are decision makers above him that help mold the message. You trust him, but not 100%. :-)


Pete Sampras Starring as The In-House Email ListAnd our winner, my top Online Marketing Channel:
The In-House Email List

This is probably the most important marketing asset you can have at your disposal. It’s not trendy, flashy, or sexy, but with it, you have a solid base for any campaign you decide to launch. Used properly, you can count on a certain amount of revenue per month from your in-house list. You also can tap into this list for qualitative data from surveys, focus groups, and other customer feedback mechanisms. In addition, you can segment your list for more power. For example, you might know which customers want to learn more about categories A versus B, they might buy during X months versus Y months, and spend $x per transaction versus $y per transaction. Then you can base your campaigns on this data and you’ll see the true power of your in-house list.

Without a solid in-house email list, you are forced to use other channels to drive campaigns and sales. And, good luck with gaining feedback! “Hello Mr. Transient Paid Search Person, can you tell me what you think of our website?” Come on! For those of you with new businesses or small in-house lists, start to think about ways to increase your list. Launch campaigns to increase your list. Then when you have a solid list, take care of the people on that list. They can make or break your business. Literally.

Why Sampras? Pete Sampras was beyond talented, but he was humble. He dominated the competition, but he rarely made headlines. He won championship after championship, but the reporters ran by him to snap photos of Agassi. Pete was a winning machine, and was completely under-appreciated. But if you needed someone to come through, I wouldn’t want anyone else ready to serve the ball. That’s your in-house email list.

GG

Labels: , , , , , , ,