In an era where Big Data rules in many companies’ marketing departments, it is interesting to see where pay-per-lead marketers see the best value in. A recent survey by Business.com conducted in May 2013 of 500 active pay-per-lead advertisers (with SMB market focus) states that most B2B marketers value a buyer’s purchasing time horizon as the most important data point they want (51%). The problem is: They often cannot get that data set.
The second most important data point for leads is the employee size figure of the buyer’s company (31%) which these marketers say would be extremely valuable to get. In the third place comes the industry sector (29%) and then the job title of the business decision maker (20%).
More than half of the people responding (51%) the study said that leads generated via whitepapers are valuable or extremely valuable. Webinars are also on the rise with 34% responding that leads from hosted webinars that feature their company or products are valuable or extremely valuable. Leads generated via sponsored email still find their interest among B2B marketers. Still, 38% stated these are valuable or extremely valuable, followed by case studies (38%) and video (35%).
If we think of the “old BANT process”, the study lacks some answers and findings in terms of making us understand the importance of budget in these days. Not surprisingly though, the study still mentions that 42% expressed strong interest in “hot transfer” leads (connecting companies immediately with leads as they come in) which probably are most promising in terms of fast lead conversion. When 60% see lead scoring as essential for the lead generation process, individual leads still is assigned a score reflecting the likelihood of a response. Maybe this should serve an answer on the BANT budget topic. For me that was not quite clear though.
SO, what would be your answer: IS the BANT process still valid? And what data set would be important to your sales process?
Sometimes studies bring some flashback to your mind. This time it was some study results that reminded me of two of my four moderations of the dmexco Night Talks.
In a recent country comparison study by Adobe half of the respondents made clear that digital advertising is distracting, invasive and annoying – in the UK less than in Germany and France though. The study which asked 1,750 marketers and 8,750 consumers across the UK, France and Germany, shows that two out of three users find TV campaigns still more important than online ads (US 66%, UK 70% and Germany 67%). Consumers even responded online ads were “annoying” (US 68%, UK and Germany 62%), “invasive” (US 38%, UK 45% and Germany 17%) and “distracting” (US 51%, UK 44% and Germany 31%).
There is still some negative perception of digital advertising that the repondents described in their feedback. However, web ads came in the top three preferred advertising tactics in the UK. In France print magazines (31%), billboards (24%) and TV ads (23%) were the leading three categories. For Germany, print magazines were also the leader with (28%), billboards (23%) and window displays (21%) came in second and third. In the UK 39% favoured print magazines, 23% TV ads, and 12% websites.
Some weeks ago, I have been interviewing Mark Phibbs, VP Marketing EMEA at Adobe on the dmexco hot chair in Cologne. Nice seeing some statements on the study from him:
“Some digital advertising is failing to hit the mark. While digital provides great promise, often it is not being delivered in an emotionally compelling or targeted way.”
The storytelling boom was again also highlighted in this study. Even in the ad world content plays an important role. 68% of UK users responded that ads should tell a unique story which mentioned John Lewis and Guiness as good examples. One of the main ingredients should be the humour factor of the story. Funny is the driver for happiness, and outplaces “sexy” ads (92% thought so).
“We think online advertising can learn from traditional advertising in three ways. Is it beautiful and eye-catching? Is it integrated? Do consumers have control over it? Creative agencies have had decades to get traditional advertising right. It’s not wholly surprising that online and digital isn’t resonating to the same degree – not only is it still relatively in its infancy as an advertising channel, but the digital landscape and the corresponding opportunities for brands are constantly changing,” said Phibbs.
The study also made clear that targeted banner ads based on programmatic buying in Social Media like i.e. in Facebook could be “creepy” (76%). Even more, 49% would like a dislike button in Social Media for it. Again this reminded me on my last dmexco Night Talk moderation in Munich when I could ask Scott Woods, Commercial Director Facebook DACH, how it can come that I get banners for social networks 60+ years old people. Facial recognition (do I look so old)? Bad programming? Bad automation or bidding process? Maybe the people behind? The answer was “Well, technology can only do what it is capable of!” Fair enough… It seems we will have to live with that weakness for some time.
In many meetings, and I had one of those calls today, I understand again and again that managers have limited knowledge of what “Duplicate Content” means when working with multiple sites and/or using similar content on those. Now, what does Google really say about duplicate content? Can your business place similar text blocks or complete texts on different blogs and websites? And how about same content but in different languages?
In a video clip Greg Grothaus, a Google engineer for search quality, explains what “Duplicate Content” stands for and what it means to businesses.
General answer: Is there a Duplicate Content Penalty from Google? No, it’s a myth! Google wants diversity in the results that Google displays on search results. That’s the reason why pages might be omitted from Google which makes sense.
Deep answer: There are typical downsides of “Dupicate Content”.
– Dilution of link popularity: Better have 20 links go to one page, then twice 10 to two pages.
– User-unfriendly URLs in search results: Useless URLs effect branding & decrease usability – so better leave it.
– Inefficient crawling: The less Google has to crawl, the better for the new content to be seen.
Best answer: Google does not like Spam. Spam will find penalty, if it is done with a systematic approach, or when there is the absolute same content on different pages with no changes at all.
Our Advice: Create fresh content! Or do you want to buy the same stuff or gadgets you already have received as a present for Christmas? See…?
We have already seen some really cool window shopping experience by Neet-a-Porter at the beginning of the year. However, this version by adidas NEO is actually taking window shopping to a next level: an interactive digital window concept that connects to your smartphone. With this concept, it is possible to shop at their store after hours without an app or scanning a QR code.
This completely interactive in-window shopping experience lets consumers flick through clothing board according to your own taste and play with a model. They are even trying on every item. So, it is easier to see exactly how the clothes look (on a model). Now, you just need to imagine how you look like in the clothes.
This is how it works: By typing in the special URL you can connect your smartphone to the window and take control of a virtual shopping bag. Any product dropped into the window’s shopping bag instantly appears on your mobile ready to save, purchase or share with friends.
You can check out this window at adidas NEO Nürnberg store for a six-week pilot test.
Most of our shopping experience through Social CRM solutions are not seamless yet. However, a new solution might challenge the past days of manual check-ins… and deals. FaceDeals comes up with one of the freakiest social innovation we have seen so far. The deal platform is connected to a camera that gets positioned at the entrance of a shop or a restaurant. When customers are coming in the camera checks them in automatically to the place they enter via facial recognition detection. Then, the system is delivering some text message that people can get at the bar, cash point or point of sale.
PS: I can already hear people arguing about data protection, security risks and so on. Still, I think this is a nice innovation. What do you think?
Whether you’re experimenting with online sales or have already run businesses in the past, when you are first creating an ecommerce website you’ll want to keep a few tips in mind. These can help you use today’s technology to find and retain a steady client base.
1. Use Simple Web Design
With such a high degree of competition out there, even for the most obscure products, you’re going to have to put some time and effort into your website to make it stand out from the crowd. You don’t have to have any web design experience to do this if you use an ecommerce software program with templates. These can usually be customized in terms of logo, font, and colour themes. Aside from this assistance, you’ll want to use your imagination and think of a catchy name for your business as well as an easy-to-navigate site.
2. Organize your Product Catalogue Using Categories
A big part of making your online store easily navigable for customers lies in how you organize your products. It’s easier for customers when you arrange your products into logical categories or collections, so that they can find what they’re looking for more easily. Adding a “sale” category can help customers feel that they’ve stumbled onto a bargain, so think about running promotions and sale items as a separate collection altogether. Be sure to include high quality pictures of the products along with descriptions.
3. Make Payment Easy for Customers
Once your customers have located the items that they wish to purchase, some ecommerce business owners feel that they have already sealed the deal. In actuality, this is where it can all go wrong if you make it hard for a customer to pay you. You’ll want a smooth and easy checkout system that offers multiple methods of payment. One example of this would be a Shopify ecommerce website, which provides a shopping cart and integrated payment system. You’ll want to look for a platform of this nature to help encourage the final sale. If you’re selling products internationally, it’s also helpful to include a currency converter. Be sure to provide a telephone number or email address for customer support for added security.
4. Create a Blog
There are numerous ways to market your online store, including using social media and email newsletters, among others. Yet one of the most effective ways to get in touch with a wide net of potential customers is through creating your own blog. This is also a good way to showcase your brand and personality, thus creating a valuable first impression.
5. Use Analytics to Track Customers
Although many online business owners use analytics tools to track what visitors end up purchasing on their website, you can make use of these tracking tools for a host of other purposes. For example, with analytics you can find out how your customers found you, which URL’s are referring customers to your online store, and what search terms they’re using. With this information, you can more tightly hone your marketing efforts to reach a wider audience.
This post is a guest post from Shopify.
In a recent infographic the guys from Online Education are trying to draw a picture for a world without the Internet. And they are doing well…
What has the Internet done to the people? OK, we have to do some multitasking but just think about how many jobs the Internet has created. Not only has Facebook created some 450,000 jobs. For every job it “kills”, 2.6 new jobs are coming up. So, why do we have concerns conserning the Internet…?
When you imagine a world without the Internet how would it look like? We listen to your voices over I…nternet…
What happened on the 21st of May 2005? Right, YouTube was “internet-born”. Those days 8 Mio. videos got watched on the platform. Obviously, the platform used this date to celebarte it’s birthday number 7 now. YouTube produced a video to showcase the positive development that led them in a position which seems to be unique today.
What we all wanted to know is what traffic and engagement is happening on YouTube. The following video offers some little but important insights on the YouTube activities, and the users working with and watching it. The most important video stats are as follows…
– With over 4 billion videos, YouTube marks a unique position in views per day
– Some amazing 72 hours of video uploaded every day
– The Kony video got around 30 million views in one day
Surprisingly enough, we hear nothing about the Leanback opportunities which were launched quite a while ago. Nor do we see some intelligent videos series that showcases the portfolio of any HiFi retailer or a cloths company as a storytelling media that promotes products in a modern way.
Well, there is plenty of opportunities to grow for YouTube. It becomes clear why YouTube is pitching big way these days to get more professional content like web series on the platform, so the people might use it for their “leanback” times.
One statement in the video is a good take away for companies: “The power of simplifying the process as a solution!” is a statement some more companies should focus on when professionalizing their business…
The latest research from GetResponse shows the influence of social sharing on email effectiveness. The study which compared social sharing preferences of email marketers, analyzed Social Media sharing via Facebook, Twitter and LinkedIn in over 2 billion email sent by customers of the email marketing provider.
The GetResponse study also found that 51.9% only use one social share icon, while 40.6% use two of those, 7.4% three, and only 0.1% four icons. Those companies that offered at least three social sharing opportunities succeeded with a 55% higher click-through rate (CTR). The findings state that the number of marketers who include social sharing buttons in their emails increased to 18.3%. This is an increase of 40% from last year.
It seems that marketers understand the benefit of shirring for their marketing efforts: more reach, more traffic, more engagement, more sales. Email including social sharing buttons had a higher click-through-rate of up to 115%: Emails that included social sharing buttons had a 5.6% CTR which stands against 2.6% CTR for those that did not use social sharing buttons.
The infographic below shows the main results of the GetResponse’s study but also illustrates the importance of connecting all social efforts with traditional marketing to succeed.
In the digital tech space, we’re already seeing radical changes in television as it begins to converge more and more with the online world. Think about the massive transformation that TV has already gone through – starting with the humble video recorder to the range of connected satellite / cables boxes and gaming consoles – fundamental changes that TV is now more or less just a monitor. Not so very long ago, TV used to be considered the “lean back” medium and digital as “lean forward.” But, this no longer seems to apply as we increasingly use multiple connected devices to watch TV content and that large screen in the home is often hijacked by our game-playing teenagers. So, what’s going on? Is TV having an identity crisis or are we finally at a point of convergence or collision?
MediaMind recently held its annual Digital Experience Day (DED) 2011, a global summit series held in North America, Europe and Asia, that brought together leading industry leaders and experts to explore the consumer changes that are happening now. We explored the interactive and social experience that TV now provides. TV no longer offers a passive, social experience where one has to huddle around the same set and fight for the remote control. In fact, traditional ways of viewing television are now competing with the plethora of tablet devices on the market that keeps viewers entertained and occupied from just about anywhere they choose. But it’s not just about replacing the larger screen with smaller ones, we are increasingly bonded around quality content – from TV shows to interactive games – and utilizing Social Networks to fulfill those real-time experiences and discussions between multiple viewers scattered across numerous living spaces.
Recent research from Nielsen shows that the average US home with a cable subscription receives 130 channels and yet tunes in to only 18 channels. That means 86% of these channels are never watched, suggesting that channel surfing is dead; challenging costly cable subscription models. And yet, of the $500 billion in global advertising, TV advertising still takes the lion’s share. By 2015, it’s expected that 50% of Internet users will watch TV content through online connections.
But that’s not to say TV as we know it is dead; quite the opposite. TV has a quality and scale that digital has yet to achieve. We will always need linear video content, but we just won’t need to consume it in the same way that we used to. We are now in the beginning stages of the marriage between online and offline. And for this to work out successfully, TV planners need to understand how digital works and vice versa. We are already seeing agencies using an iGRP to buy reach across media channels to maximize cost-efficiencies. These agencies are hoping to have completely integrated media buying teams within 18 months.
It’s both a convergence and a collision. On one side, we have a chance to reset our thinking and talk about enhancing the branding mechanism by overlaying interactive experiences via a mobile device and measure TV content through real-time social discussions such as comments on Facebook and/or Twitter. Yet the danger is as we seek to measure TV in the way we do online, it runs the risk of squeezing TV advertising budgets to the likes of online DR forced to justify spend via call to action. There are interesting times ahead for the whole media community and it certainly was the hot topic of debate at DED as we debated through the challenges of moving towards app-driven Smart TVs.
This guest post was written by Dean Donaldson, Global Director of Media Innovation, MediaMind. Dean and I often meet at different international conferences and events to chat about the future of the web world. You can read my view on the DED2011 in the post The multiscreen world is evolving.