Tag Archive | "retargeting audience"

7 Reasons You need To Let The Data Call The Shots In Your Marketing

Great…

Just what you needed right now. Right? Ol’ Caitlynne coming along and telling you how much you need to change your approach to this whole online marketing thing.

Just as you were starting to not suck at doing it the old way..

Sorry. It’s kinda my job, but I’ll make it worth your while. Promise. 🙂

This one mostly comes with it’s own reward too. Because if you do it right, the day to day “grunt work” of your marketing just sort of goes away.

Seriously. It’s like having an Uber Nerd hiding in your office who wants nothing more than to see you get things right and become a true hero to your customers.

(Which won’t suck at all, because remember. Happy, satisfied customers have a habit of spending more money, more often.)

In a word: Sweet Loyalty!

Ok, here we go. Sit back, and get ready to jump clear out of the guesswork era and into the data driven, digital age!

Reason One

Personas: Learn Them, Live Them, LOVE Them! Keeping an eye on your data will help you get a feel for the actual people spending money in your business.

More importantly, WHY..

Build “avatars” of who they are. Male/Female? Age? Education? Motivation to purchase? It all adds up to a better understanding of what makes them tick (and how to profit wildly from their business with you).

Many will even give them “Pet names” and dive into their hypothetical life experience and dreams for the future..

Reason Two

Watch the numbers on your landing pages! Learn techniques like split testing and hire a solid copywriter to up the game. Then KILL the versions that don’t perform. The savings add up in a hurry and besides, who likes wasting money when you don’t have to?

Reason Three

Tweak your Facebook audiences: It astounds me the amount of business owners spending good money on bad targeting. This is a GREAT time to be picky. Sort out the people not likely to want what you provide..

Reason Four

The BEST companies straight up bribe new customers.. Cash in a paper bag? Not really. I’m talking coupons. Fully 85% of customers admit to looking for a coupon when making a decision to use a new product or service.

Reason Five

Was It Something I Said? Strategies like retargeting prospects who checked you out in the past, and even re-engaging past customers are showing

Dynamite results with most of the people I’ve been speaking with.

Pro Tip: Treat “refunders” well, It’s counterintuitive, but it’s a VERY good idea.

Reason Six

Get personal! Once you hone in on your top customer avatars, don’t be shy when it comes to “speaking their language”. Use their words, commiserate on their problems. You will shoot straight to the front of the line if they know you “get” them..

Reason Seven

Try anything once (twice if it works): Get out of your familiar sandbox and try things like Search, Display Ads, and Print. Just because what you’re doing now works does NOT mean that other things won’t.

Hey, for all you know, trying something new can give you a whole new stream of income and maybe even be better than what you’re doing now.

Stranger things HAVE happened. I could think of a few wild success stories that only came to pass AFTER the fourth o fifth traffic source tested..

Well, there you have it, 7 solid tips for making big data your..

Uh..

Friend. 🙂

Now go forth and prosper for pete’s sake, You deserve it!

And when you do, come back and tell us what worked for you and what didn’t. We would love to hear all about your successes and even those road bumps you hit along the way.

 

Posted in Affiliate Marketing, Conversion Optimization, Email Marketing, Social Media MarketingComments (0)

Finding the Right Offers For the Right Audience

Recently I started an affiliate case study. You can read about the strategy on that post. This post is going to discuss what I’ve done leading up to this point that is helping me laser target one aspect of my campaign.

The first part of my campaign will rely on a retargeting audience I’ve built over the last year. This may very well turn out to be the most profitable source of traffic for this case study. Now, don’t get me wrong. Assumptions in our business are most often wrong. But this one comes with a lot of data behind it. It’s that data / process you might find interesting.

Quick Retargeting Sidebar

What is retargeting? It’s a growing form of display advertising. It allows you to essentially tag visitors of your site and show them banner ads on other sites they visit around the web.

So they come to your site, leave, and visit another site that has a banner ad attracting them back to your site. It’s smart marketing and becoming smarter everyday.

The Audience

Currently I’m staring at a 1.875 million person audience list (people that visited my site and were tagged with my retargeting code). This list was built via a health based website receiving organic search traffic.

This is a great start. Since I know the site that the audience was built from I have a very good understanding of the visitor profile. I know what type of people visit, what types of products / ads that have converted, and on top of that – they’ve told me exactly what they want to know.

How is that possible? How could I know exactly what this group of people want to know more about? We ran a survey to the 150K double opt-in subscriber list built from this same exact traffic. And that is exactly the data I’m banking on to help me make this aspect of my case study profitable.

mine your dataMining Data From Your Audience

First of all, if you haven’t gathered by now I’ve been lucky enough to have access to some pretty incredible resources. Here’s the recap

#1 – A highly SEO’d top ranking website in the health market (great analytics data)
#2 – A 150K double opt in subscriber list (large pool of potential survey responders)
#3 – Survey data from thousands of responders via that email list (pure gold straight from the subscriber base)

I realize not everyone has that same level of resources to work with. But the concepts are still the same. This could work very well with a much smaller list. In fact it may work even better as it’s possible to cultivate a closer relationship with less people.

Back to the data.

Based on those resources I’ve got a pretty good picture of the type of “persona” I’m dealing with. On top of that we were able to pull 3 topics that were repeatedly requested within the survey.

The Survey

The survey was uber simple to setup. We went the low cost route and it worked well. No survey monkey here. Although in hindsight it might have cost more but that may have been worth it in the time spent going through the responses (oh well).

It was a simple process

#1 Created a Google Docs Form
– Kept it simple – 1 or 2 questions with a text box.
#2 Embedded the form onto a private, no-index page on the site
#3 Sent multiple emails to the list regarding the survey

If you have a site and a list you can do this too.

The Next Move

With my topics in hand I went out and found multiple products for each topic. The plan is to create multiple banner variations for each topic and rotate which offer they go to. Ideally this will lead me to decent CTR’s and a good handle on which products convert.

Sounds like easy money right?

Well as with anything there are potential pitfalls. As I see it those pitfalls look like this:

#1 Retargeting audiences dwindle over time.
My impressions may not be nearly as significant as the size of my audience right now. Less impressions equals less traffic. We’ll see.

#2 In general retargeting traffic does best going back to the original site they were built from

The traffic flow in an optimal retargeting campaign looks like this Site A to Site B back to Site A. In this case study our traffic flow will look like this – Site A to Site B to Site C.

#3 My data is Misleading
Sometimes people don’t really know what they want. Sometimes they think it’s one thing and it’s actually another. Sometimes your data set isn’t statistically significant enough (even though I think mine is).

Only time and traffic will tell the real story. A story which I know we’re all eager to see play out. As soon as I have more data I’ll update the case study and let you know.

If you’ve got any questions on what I’m working on – just let me know in the comments below.

Posted in Affiliate MarketingComments (1)


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