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[email protected] Identifying the digital opportunity: How to spot the right channels for your business

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Page 1: Identifying the digital opportunity:

[email protected]

Identifying the digital opportunity: How to spot the right channels for your business

Page 2: Identifying the digital opportunity:

[email protected]

– Work with businesses to help understand where they can generate the best ROI

– Develop both short and long term marketing strategies

– Explore what digital channels a company should and can explore

– Sales background & head up all new business for Impression

https://www.linkedin.com/in/mikeyemery

www.impression.co.uk/sdm

Page 3: Identifying the digital opportunity:

[email protected]

My objectives of today…

– Why do we need to invest in marketing in the first place?

– How to assess the value of each channel

– What tools can we use to be more data led

www.impression.co.uk/sdm

Page 4: Identifying the digital opportunity:

[email protected]

Why we should invest in marketing…

www.impression.co.uk/sdm

Page 5: Identifying the digital opportunity:

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The benefits of outbound..

❖ Target the customers you want

❖ Number led approach

❖ The more resource you put in, the more you get out

www.impression.co.uk/sdm

Page 6: Identifying the digital opportunity:

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The negatives of outbound..

❖ It’s bloody hard graft

❖ Dependent on the sales team

Page 7: Identifying the digital opportunity:

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The benefits of inbound...

❖ Customers who are further along the buying journey find you

❖ Higher conversion rates

❖ Longevity through online reputation

www.impression.co.uk/sdm

Page 8: Identifying the digital opportunity:

[email protected]

Outbound Leads VS Inbound Leads...

www.impression.co.uk/sdm

Page 9: Identifying the digital opportunity:

[email protected]

So where do we start?

www.impression.co.uk/sdm

Page 10: Identifying the digital opportunity:

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Inbound Marketing Channels...

❖ SEO

❖ PPC

❖ Advanced analytics

❖ CRO

❖ Affiliate marketing

❖ Content Marketing

❖ Email Marketing

❖ PR

❖ Social Media

www.impression.co.uk/sdm

Page 12: Identifying the digital opportunity:

[email protected]

How do we approach it?

www.impression.co.uk/sdm

Page 14: Identifying the digital opportunity:

[email protected]

Inbound Marketing Channels...

❖ SEO

❖ PPC

❖ Advanced analytics

❖ CRO

❖ Affiliate marketing

❖ Content Marketing

❖ Email Marketing

❖ PR

❖ Social Media

www.impression.co.uk/sdm

Page 15: Identifying the digital opportunity:

[email protected]

Taking a data led approach

www.impression.co.uk/sdm

Page 17: Identifying the digital opportunity:

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Put a monetary value on everything you do...

– Alan Sugar to update his business's Facebook page

– £50m earnings in 2015

– £192,000 per day (260 working days)

– £24,000 per hour (8 hour days)

– £400 per minute

www.impression.co.uk/sdm

Page 18: Identifying the digital opportunity:

[email protected]

Prioritising

www.impression.co.uk/sdm

Page 19: Identifying the digital opportunity:

[email protected]

Step 1 - What position is your business currently in...

Drive Traffic - Convert Traffic

www.impression.co.uk/sdm

Page 20: Identifying the digital opportunity:

[email protected]

Step 2 - We have no traffic...

www.impression.co.uk/sdm

Page 21: Identifying the digital opportunity:

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Step 3 - We have no conversions...

Page 22: Identifying the digital opportunity:

[email protected]

Search Engine Optimisation

www.impression.co.uk/sdm

Page 23: Identifying the digital opportunity:

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❖ 40% searchers will skip ads

❖ 60% = position 1

❖ 20% = position 2

❖ 10% = Position 3

❖ Long term investment

www.impression.co.uk/sdm

Page 24: Identifying the digital opportunity:

[email protected]

Do I have budget or resource to invest?

NO

YES

www.impression.co.uk/sdm

Page 25: Identifying the digital opportunity:

[email protected]

Do my customers use search engines ?NO

YES

www.impression.co.uk/sdm

Page 26: Identifying the digital opportunity:

[email protected]

What are the targeted keywords that will bring high converting traffic?

www.impression.co.uk/sdm

Page 27: Identifying the digital opportunity:

[email protected]

How competitive is the online landscape?

www.impression.co.uk/sdm

Page 28: Identifying the digital opportunity:

[email protected]

Does my budget allow for me to reach my goals?

www.impression.co.uk/sdm

Page 30: Identifying the digital opportunity:

[email protected]

Paid Marketing

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Page 31: Identifying the digital opportunity:

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❖ Results from day 1

❖ 60% of searchers click Ads

❖ ROI driven

❖ Flexible

www.impression.co.uk/sdm

Page 32: Identifying the digital opportunity:

[email protected]

Do I have budget or resource to invest?

NO

YES

www.impression.co.uk/sdm

Page 33: Identifying the digital opportunity:

[email protected]

Do my customers use search engines ?NO

YES

www.impression.co.uk/sdm

Page 34: Identifying the digital opportunity:

[email protected]

How much is it going to cost us for a click?

www.impression.co.uk/sdm

Page 35: Identifying the digital opportunity:

[email protected]

How many clicks do we need to get to get an enquiry?

www.impression.co.uk/sdm

Page 36: Identifying the digital opportunity:

[email protected]

How many enquiries do we need to get a sale?

www.impression.co.uk/sdm

Page 37: Identifying the digital opportunity:

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❖ £0.50 per click

❖ Conversion Rate - 1%

❖ £50 per lead

❖ 33% ‘Lead to Sale’ conversion rate

❖ CPA = £150

www.impression.co.uk/sdm

Page 38: Identifying the digital opportunity:

[email protected]

❖ £0.50 per click

❖ Conversion rate - 3%

❖ CPA = £16.66

Page 39: Identifying the digital opportunity:

[email protected]

Digital PR

www.impression.co.uk/sdm

Page 40: Identifying the digital opportunity:

[email protected]

❖ Rich information

❖ Relevant information

❖ Drives website visits

❖ Raises brand awareness

❖ Promotes your your products & services

❖ Creates search volume

❖ SEO Improvements

www.impression.co.uk/sdm

Page 41: Identifying the digital opportunity:

[email protected]

Do I have budget or resource to invest?

NO

YES

www.impression.co.uk/sdm

Page 42: Identifying the digital opportunity:

[email protected]

Do my customers use search engines ?

NO

YES

www.impression.co.uk/sdm

Page 43: Identifying the digital opportunity:

[email protected]

Websites

www.impression.co.uk/sdm

Page 44: Identifying the digital opportunity:

[email protected]

Simple Navigation

Clear CTA’s

Clear & concise content

www.impression.co.uk/sdm

Page 45: Identifying the digital opportunity:

[email protected]

❖ £0.50 per click

❖ Conversion Rate - 5%

❖ £10 per lead

❖ 33% ‘Lead to Sale’ conversion rate

❖ CPA = £30

Page 46: Identifying the digital opportunity:

[email protected]

Do you have analytics & can you track your visitors?

www.impression.co.uk/sdm

Page 47: Identifying the digital opportunity:

[email protected]

Do you have enough traffic to measure how effective your website is?

www.impression.co.uk/sdm

Page 48: Identifying the digital opportunity:

[email protected]

Final Thoughts & Useful Resources

www.impression.co.uk/sdm

Page 50: Identifying the digital opportunity:

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– Google Keyword Planner - Search Volumes & cost per clicks

– Google Analytics - Web traffic and conversion tracking

– SEMrush - How competitive is the landscape

www.impression.co.uk/sdm

Page 51: Identifying the digital opportunity:

[email protected]

My objectives of today…

– Why do we need to invest in marketing in the first place?

– How to assess the value of each channel

– What tools can we use to be more data led

www.impression.co.uk/sdm