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Online Student Again, Part 8: Online Customer Acquisition – Accio Customers!

Posted on March 26, 2015March 27, 2015 by TechCommGeekMom

“Accio Customers!” — Harry Potter
(Supposedly, it’s not magic, though.)

As of the end of this module, my mini-MBA course is now three-quarters of the way done! I’m glad it’s getting towards the end since it’s been a while since I squeezed in a course into my busy schedule.

This week’s topic was about online customer acquisition. Staci Smollen Schwartz taught this section. She was formerly the VP of digital marketing at Virgin Mobile, and now is an independent consultant for the Interactive Advertising Bureau. I found that much of this module took elements of all the prior sections so far, picking out elements that were meant to provide the best customer experience and provide what customers needed.

Ms. Smollen Schwartz began by talking about the offline versus the online experience– what entices customers to buy online versus offline? Some sites will direct you to brick-and-mortar, some will have you shop online retailer, and some will sell direct.

The foundation for how customers are driven towards products via websites has to do with the path towards awareness, to consideration, to conversion, followed up by engagement. Ms. Smollen Schwartz demonstrated this by presenting many different kinds of ads and having the class try to determine what part of the path were the ads and banner ads as calls to action.

She discussed various tactics to bring about the conversion. Offline tactics are meant to drive you towards digital, and can include QR codes, vanity URLs, using the Shazam app to listen to commercials that will drive you to a website, and hashtags. Product placement within website can occur too, just like on TV or radio. There are also brand experience apps to consider, such as an app doesn’t sell the product but the experience. The example used was the Weber Grills app, which provided recipes and grilling techniques instead of shopping for a Weber Grill. Another examples were branded microsites like Sherwin-Williams Chip-It browser plug-in or app, and YouTube videos and channels that talks about the experience rather than the product.

Naturally, you need to figure out how the measure the awareness through reach, engagement, favorability, and re-marketing capabilities. Search Engine Marketing is important, because while relevancy in organic search is big, you also need to know how buying keywords for paid search can make a difference provided that you can bid high enough on the rights to that keyword in the paid search. You can also use product listing ads, daily data feeds from retailers (images, SKUs, price), and CPC price – can be made and used similarly to paid search, but with product specifics

Affiliate Marketing is another tactic. It’s similar to advertising, but instead of getting a slotted space, you get a percentage based on clicks to conversions. RetailMeNot is a good example of affiliate marketing with their coupon codes. Amazon actually has the longest running affiliate program–since 1996! (Where do I sign up?) This strategy is often used on smaller sites like blogs. Commission Junction and LinkShare are others that are affiliate marketing networks. Re-marketing in online ads is marketing to people who have already been exposed to your website or banner ad at least once. The premise is that you look at an ad, and then next day, you see similar ads everywhere, like on Facebook, Yahoo, etc.

Behavioral targeting in online ads involves marketing to people who demonstrate an affinity to your brand or category, without necessarily every having been to your website or seen a prior ad. Third party data companies see cookies for certain things, and based on those purchases and views, they can figure out what likes might be. AdChoices is a common third-party company which is an initiative that tries to educate and be transparent in doing behavioral targeting while keeping government rules out, and provide an easy opt-out.

Enhanced targeting is often paired with custom creative, such as setting up a modular ad in which, based on the cookie data, can switch up info for the ad on the fly to customize and personalize it for the user.

Email marketing is a proven and efficient online acquisition tactic. Shoppers overwhelmingly report that promotional emails tend to be their preferred method of communication with a company, and often cited as second biggest influence on a website visit.

Social media marketing is something that brands are still experimenting and seeing how this works because it’s still new. At least one-third of all shoppers say their purchases are influenced by social media, as “likes” and “dislikes” are often posted about a retailer that can influence the brand.

It was at this point that Ms. Smollin Schwartz gave us some formulas on how e-commerce conversions happen.

1) Total site conversion rate (%) =# of orders / # of visits X 100

2) Upper conversion rate (%) (This would be the awareness, consideration, and conversion) = # of orders added to the online shopping cart/#visits X 100

3) Lower conversion rate (%) (engagement) = # of completed purchases/#orders added to cart X 100

Tactics for driving upper conversion include recommendations and personalization; A/B testing, multivariate testing (variations of the same thing in different configurations) created on the fly for best performance, site search,virtual sales agents (live chat), and social commerce (negative reviews are best, because you can decide if the worst thing about that product is something you can live with).

Tactics for driving lower funnel conversion include incentives, like free shipping or accelerated shipping if ordered by a certain time, pricing incentives, alleviations to security and privacy concerns, and accepting PayPal instead of credit cards.

Shopping cart abandonment is about 71%, and this is usually due to customer shipping concerns or the customer is not ready to purchase. Some will take advantage of that, and re-market the shopping cart information for abandoned items in carts and promote a discount in order to fulfill the purchase process.

Driving cross-channel conversion is another online tactic, in which companies provide store locators, in-store pickup options, or even cross-channel prompts (allows the customer to click to call to finish the sale).

Engagement after the sale is important, because customer acquisition doesn’t stop after the initial sale. The progression of customer engagement starts with inactive customers, then moves towards active customers, to participating customers, who eventually can become product evangelists who bring in more prospects. Building engagement and loyalty is confirmation marketing, which is done through community building, packaging and loyalty programs. Referral marketing is part of this engagement, in which incentives are used such as one customer’s referral code is used by another customer, and the original customer gets an incentive to get a reward too. This works similarly to affiliate marketing.

Ms. Smollen Schwartz summarized the online customer acquisition process with her “Key Tactical Lessons throughout the Customer Journey”, which were:

It is helpful to think about tactics in terms of a consumer decision framework of awareness/consideration/conversion/engagement, integration of offline, online, mobile and social, and often circular pathways.
Tools, tactics, and metrics differ depending on a customer’s stage along the decision pathway, nature of your product and industry, and your budget allocation.
Look at the key drivers of e-commerce and digital-influences sales, including the success of traffic-driving tactics, upper and lower conversion rates, ways of measuring cross-channel sales impact, engagement, and repurchase.

Before I took this module, I thought this might be an easier topic for me to understand, but this was a harder section for me to get through. I think it’s because much of this was deeper marketing than I was experienced with, and it centered around consumer product examples. While I understood the consumer product examples, I had a hard time envisioning how I might convert this same information easily for a B2B service model. Everything given was very commercial product related. The information was very dry, so while it was evident that Ms. Smollin Schwartz knows her stuff, for me personally it was tougher to get through this information. I will say that a few examples she provided proved to be well-explained, so I could see that I had already participated in some of these tactics at some point, like affiliate marketing. I could also relate to all the consumer examples she gave from my consumer perspective. Envisioning how to parlay this information into a means of promoting the potential new business I’m thinking of starting…well, that question wasn’t answered as clearly as it was on how to promote and sell a consumer product. Even getting through the quiz– it took me several tries before I got a good result. It gave me agita like the SEO information did again.

It looks like I will definitely have to attend the virtual office hour for this module, because I need to have a better grasp of how this information translates into acquiring customers for services that are not B2C (business to consumer), but B2B as well. For all I know, more subtle tactics are used. So for now, a good part of this topic still eludes me.

The next module will be about web analytics and ROI (return on investment). I understand on a broad level what those are, and I’ve used some elementary analytics to help me understand how webpages perform on a website, but not much beyond that, so this will prove to be interesting.

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Online Student Again Part 5: Content Marketing: Wait, didn’t I hear about this a year ago?

Posted on March 3, 2015March 3, 2015 by TechCommGeekMom

"We have a sound content marketing strategy! PR, marketing, IT, the social media team, and the content strategy team all pitched in! It's gonna work!" says Don Draper. — “We have a sound content marketing strategy! PR, marketing, IT, the social media team, and the content strategy team all pitched in! It’s gonna work!” says Don Draper.

Almost exactly a year ago, I returned from a conference that changed a lot about the way I think about content. It was the 2014 Intelligent Content Conference (ICC2014). My brain soaked in a lot of information, and new friends and networking connections were made during that trip. (Good times!)

One major point–which is also a big focus of this year’s 2015 Intelligent Content Conference–was that content marketing was the next big focus item. Joe Pulizzi of the Content Marketing Institute (CMI) gave a keynote that compelled content strategists at the ICC2014 for us to consider embracing marketers and work together toward tearing down the silos so that we could share skillsets to create better content to promote goods and services. In other words, we should all be shifting towards being content marketers. It made sense, but it was overwhelming for me.

Fast forward to a year later, and here I am now, taking my digital marketing coursework, and this week’s module was about content marketing. Ooh boy. Here we go. The very reason that I’m taking this coursework in the first place–to have a deeper understanding of digital marketing, what content marketing is, and how I can try to fit into it my skill set going forward.

The instructor for this module was Greg Jarboe, a well-known YouTube guru and president of SEO-PR, a content marketing agency which has worked with several well-known brands. While I hadn’t seen Mr. Jarboe present before, his name rings a bell, and I don’t know why. Hmm.

Anyway, Mr. Jarboe’s lecture was enlightening, enjoyable, and took some of my anxieties away. While content marketing is still a little overwhelming because of the scale of all of it, I came away with six main points that I’d heard before in content strategy, but hit home for me for content marketing.

1) Content needs to be relevant and have value for the end user. This seems obvious, but it’s generally overlooked.

2) Storytelling works. People are drawn in by stories, not jingles or catch-phrases. This is how blogging for a company actually can have some big benefits. (Yay!)

3) Tear down the silos by working with other departments, such as marketing, IT, public relations, etc. Gee, I’ve definitely heard that multiple times in last two years on the content strategy side!

4) A structured, documented content strategy is necessary to build for success. Like we content strategists didn’t already know this one!

5) Measurable metrics for ROI based on outcomes, like website traffic is up, sales, sales leads, customer retention, higher conversion rates, etc. The first thing that came to my mind was good ol’ Mark Lewis with XML Metrics as a start. Mr. Jarboe took this a step further from a marketing perspective. An easy way to do this is to track what you do! Measure URL hits against results using special URLs from the Google URL generator. For example, create a special URL for a promotion, and measure number of clicks to that special URL against sales results during that time period. (Makes sense!)

6) Brand recognition is not the goal anymore; generating leads and sales is. This makes sense too. I’ve learned from marketing this blog that once you knew my “brand” of TechCommGeekMom, then it’s been up to me to keep you coming back. While my “product” at this point it sharing information that I think is relevant in the tech comm world at large, I want you to keep coming back and sharing your experiences and interests with me as well.

So there you have it. I think from a content strategist’s point of view, these are easy to understand and remember. The trick is, going back to point #3, is that it’s good to have more than one perspective working on content marketing. By combining the different “superpowers” from various groups, a great content marketing strategy can result. I think if I can keep these basics in mind, I might just have a chance at finding a content marketing position if the opportunity arises.

Do you think I’m leaving any basics out? Let me know in the comments.

Next module up is called, “Personalized Digital Experiences”. Again, this is another topic that I know I’ve heard before several times in content strategy, so it’ll be interesting to hear how digital marketing approaches the same topic.

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Online Student Again, Part 4: Mobile Marketing, AKA Dang, I haven’t kept up!

Posted on February 27, 2015 by TechCommGeekMom

After the confidence I had emerging from the Social Media Marketing module of my digital marketing course, I felt I could ride that wave of confidence into the next module about Mobile Marketing. From what I could tell, I wasn’t wrong to be confident. After all, I’ve been writing about m-learning and mobile topics on this blog since the beginning, so I figured that I would have a good handle on this topic. I did, but I was quickly reminded at how fast mobile technology has been growing even in three short years, and how I still need to do much more to keep up, if not catch up.

The module was taught by Christina “CK” Kerley, who is a very animated speaker on mobile marketing topics. She provided some great real life examples that I could easily related to. What struck me the most was how subtle mobile marketing can be and how it can be used in ways that we already take for granted, and the technology out there through mobile devices that are probably under-utilized by some, not only in marketing, but also in other mobile applications. One thing that I agreed with her about in regards to mobile is that at one point, everyone thought they needed an app for their service or product, and that’s not necessarily the case. I agree that websites need to be optimized for mobile–something that I need to do with my own e-portfolio when I get some free time in the next year. But an app has to have a purpose, and it doesn’t mean that it’s solely a glorified version of your website in tiny form.

The technologies that fascinated me the most had to do with geofencing, NFC, and RFID technologies. An example of this would be something like this: you had the Starbucks app on your phone, and as you passed by a Starbucks, your phone would send you a notification for a coupon off a drink–but only if you were in the vicinity of the Starbucks. My brain started to spin with the possibilities of how to use this, at least in m-learning. She also talked about how the proliferation of QR codes and augmented reality were coming about, and how wearables were going to be playing more of a part in mobile marketing. I knew all about these from Marta Rauch and her talks about Google Glass, and such, but I think there were some additional features that I hadn’t really thought about before this way.

All in all, it got me excited about mobile technology. Not that my interest in mobile had ever gone away–just sidetracked. We really do take our mobile tech for granted–I know I take mine for granted! I think that whatever my next stage is, I surely need to figure out how to get mobile technology into the mix, whether it’s writing or designing for mobile, or whatever. My passion for mobile has simmered over the years. I think the dark side of content strategy lured me over for the past year or two (not that it’s a bad thing), and I lost sight of where I wanted to go. If I end up starting my own business, then I need to think about incorporating those mobile skills again. Seriously, three years ago I talked about mobile in terms of m-learning mostly, but I knew it was the next big thing because mobile use was growing. My thinking was correct back then, and deep down, I know it’s only going to grow and get more complex in time. I feel like I’ve already fallen behind! So, I need to try to get up to speed on this technology again, and try to push forward, whether it’s in content marketing or something else. I appreciate CK lighting the fire under me again!

Moving on from there, the next module will be about content marketing. OK, folks, here’s the crux of it all, and I’m fearful of it. This is the topic that drove me to take this course because it’s all that I hear about in the content strategy world. We’ll see if I come out unscathed from this topic next week.

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Online Student Again – Part 3: Social Media Marketing–Now You’re Talking My Language!

Posted on February 18, 2015 by TechCommGeekMom

The next module of my online digital mini-MBA in Digital Marketing was about social media marketing. Simply from the name of it, I suspected that I had a better chance with this topic than I had with search marketing. I took a look at the slides and completed the pre-reading assignments, and sure enough, I understood ALL of it. Why? Because I’ve entrenched myself into social media from the beginning of my tech comm career, and it’s why you are reading this article. It’s all about how to use social media for promotion and starting the conversation with your readers through the use of meaningful content.

I was lucky that I had a great course on the theory and practices of social media at NJIT, which I still refer to in presentations and still greatly affects me to this day. That course was what started this blog, after all! I learned many of these marketing concepts through trial and error over the last three years.

There were so many concepts that easily clicked for me, which included what I’ve been struggling to get people to understand not only from a social media perspective, but from a content strategy perspective as a whole! It seems that most of the issues from a corporate level stem from a cultural standpoint, and that corporate culture is not willing to evolve and change with the times! There are other complications, but that’s the primary one. I know from working with several companies, I’ve seen this often. There’s some progress, but it’s not the progress that I would recommend. (But I’m a consultant at the bottom of the food chain, so I know I don’t have a chance to be heard anytime soon.)

The biggest part of this module that I agreed with entirely was that social media is not another type of media along the lines of singularly directional TV, radio, or print. Social media is SOCIAL, people, so it’s about that two-way communication that I wrote about in my last blog post. The instructor for this module of the course, Mark Schaefer, is the author of several books on the subject and has been in marketing for 30+ years, and discussed much of what I’ve come to understand on my own! He went into deeper detail of it all, but he talked about the idea of creating strategies that create relevant content that connects. He said that we are already experiencing content overload, and the key is figuring out how to filter the relevant content that connects people to each other. It’s no longer B2B (Business to Business), but rather P2P (Person to Person). Mr. Schaefer is also the author of Tao of Twitter where he provides insights on how Twitter can be used effectively–and ineffectively–for content marketing. As students of this course, we all received a digital copy of the book. Based on how this module went, I definitely plan to read this! (Perhaps I’ll do a TechCommGeekMom Book Review about it as soon as I finish it.)

This time, I got 100% on my quiz on the first try. So many of the concepts in this module were easy for me, I think simply because there was such a strong connection between content strategy and social media concepts that I already knew or learned on my own in the last few years, either from experience or from various presentations I’ve seen at conferences (Intelligent Content Conference is a great example–did you see that discount there on the right side bar? If it’s still there, take advantage of it! It’s a very good conference on this very topic!) After last week’s struggles with Search Marketing, I was relieved that this module, while truly packed with a lot of information, was much more my speed and less confusing.

I know Rutgers offers another mini-MBA program that is solely on social media marketing, and I’m sure that I’d like that very much, but I think I’ll wait and see how this mini-MBA goes first. I’m not sure that I necessarily need the social media marketing mini-MBA, but Mr. Schaefer said he teaches in that one, and if this module was a broad summary of the larger course, then I think I’d be okay!

The next module is something that I think I’ll have a pretty decent understanding of as well…mobile marketing! Y’all know that I love my mobile tech comm and m-learning, so I have a feeling that many of the concepts that will be brought up in this module will be familiar to me or easy to understand as well. Until the next module…

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Online Student Again: Part 1

Posted on February 3, 2015February 12, 2015 by TechCommGeekMom

As I’ve mentioned in an earlier post, I decided to bite the bullet and “git me some learnin’ ” in preparation of possible unemployment or breaking out on my own to consult. The big buzz in content strategy for the last year or so has been “content marketing”. From the highest level looking down, I get what it is, but I have no practical experience in marketing, or have true comprehension of some of the components that are important to it. So, I’m taking the Online Mini-MBA course at Rutgers University in Digital Marketing. It seemed to have everything I was looking for in a digital marketing class to fill in the gaps–social media marketing, SEO and SEM practices, YouTube marketing, mobile marketing, etc. (Gee, I sound like Stefan from SNL with that description.)

stefan-snl — Stefan from Weekend Update on Saturday Night Live (SNL) says, “It’s got everything, alright!”

The coursework for this credential is very different from my experience for my MSPTC (Masters of Science in Professional and Technical Communication) at NJIT. With those courses, there was required reading, and each module was released each week (more or less) with set deadlines for online discussion participation and papers. Each week or two, I had to have something to turn in. I don’t remember ever having quizzes or tests, but rather I had lots of assignments to show that a) I could follow directions, and b) could produce something that showed that I comprehended the information.

This mini-MBA is set up rather differently. It is more self-driven as far as the pace goes, with a series of videos to watch that were evidently taken during a recent week-long, in-person crash course of the same material. There is a capstone project at the end that comprises of a 20-slide PowerPoint presentation, but I guess I’ll figure out what that entails as I go along. All the modules are available to do from Day 1. I’m not entirely used to that!

So, I just completed the first of ten modules, which was an overview about digital marketing as presented by Dr. Augustine Fou. He gave some easy to understand examples that I could follow along, but at the same time, I had to be grateful for having attended the Intelligent Content Conference and other presentations last year that talked a little bit about content marketing. Otherwise, I would’ve been totally lost or overwhelmed. At least I had a clue about what he was talking about, and again, the examples he used were easy to follow. I took my first quiz, and fortunately, I got a perfect score, and that’s considering that I watched all the videos for this module over two days in my free time, and there were only five questions! At least it’s a good start for now.

I was nervous about starting this coursework–business topics are something that I’m not exactly keen on or particularly good at, and it’s been a while since I’ve felt the pressure of having to do well considering I’ve spent a lot of money to be learning this information, but I think, as I said, I’m off to a good start. I’m truly hoping that after I’m done, it’ll help me speak in marketing language enough that I can potentially get a content marketing job, or at least be able to offer some advice as a consultant.

Onwards to Module 2!