online marketing summit (oms) - the myth of mobile metrics

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Jason Wells The Myths of Mobile Metrics ContactPoint makers of LogMyCalls @logmycalls

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LogMyCalls CEO, Jason Wells, gave this presentation at the Online Marketing Summit (OMS) in Silicon Valley. It discusses mobile marketing and how to gather mobile analytics.

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Page 1: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

Jason Wells

The Myths of Mobile Metrics

ContactPoint makers of LogMyCalls

@logmycalls

Page 2: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

About Me

• CEO of ContactPoint, makers of LogMyCalls

• Senior Vice President of Sony Pictures over global mobile marketing, mobile business– Tracking mobile metrics critically important

Page 3: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

The Myths of Mobile Marketing Metrics

• Myth /miTH/ noun– A false collective belief that is used to

justify [something]– A tradition without determinate basis

in fact

Mobile is full of myths

Page 4: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

Mobile Marketing is Full of Myths

Mobile marketers ‘grew up’ as online marketers

• Think like online marketers

• Market like online marketers

• Look at analytics like online marketers

• Optimize like online marketers

Page 5: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

There are nearly 7 billion people on Earth

4.2 billion own a toothbrush

5.1 billion own a mobile phone

Page 6: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

The primary consumption devices are now wholly mobile.

Page 7: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

Mobile Marketing

Marketers

Page 8: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

Mobile Marketing is Different

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10%20%30%40%50%60%70%80%90%

Source: Taylor Nelson Sofres, 2012

‘Severely Anxiety Inducing’

91% of U.S. smartphone owners have their phone within arms reach 24/7

Morgan Stanley, 2012

Page 9: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

Mobile Engagement is Different53% of all smartphone searches have local intent - Google, Microsoft, 2012

Page 10: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

Mobile Engagement is DifferentLess than 10% of desktop searches have local intent - - Google, 2012

Page 11: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

70% of smartphone users use their phone to search while shopping in-store - Google, 2011

Mobile Engagement is Different

Page 12: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

0% of searchers use their users use their desktop to search in-store - Common Sense, 2012

Mobile Engagement is Different

Page 13: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

Mobile searchers are looking for immediate answers

Page 14: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

Mobile search will surpass desktop search

in 2014 or 2015Google, eMarketer, 2011

Page 15: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

“In three years time desktop search will be

totally irrelevant.”Google, Nov. 2010

Page 16: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

Mobile Search is Different

90% of mobile searchers take action within ONE DAY

50% of mobile searchers PURCHASE

No Action10%

Action Taken90%

Mobile Search Re-sponse

Page 17: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

Mobile users respond, behave and interact in entirely different

ways.

Page 18: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

And yet…

• Most mobile marketers are…

– Still measuring traditional online analytics

Page 19: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

5 Myths of Mobile Marketing Metrics

1. Traditional Online Analytics Are Enough 2. There Aren’t Enough Mobile Analytics Tools

3. Don’t Worry About the Phone

4. Track as Much Data as Possible

5. Google Adwords Analytics is Enough

Page 20: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

Myth I – ‘Traditional’ Analytics Are Enough

• Bounce Rate

• Unique Visitors

• Pageviews

• Abandon Rate

• Avg. Visit Duration

Page 21: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

Myth I – ‘Traditional’ Analytics Are EnoughMost Common Methods of Mobile Engagement

1. Map Look-Up

2. Phone Calls

3. Social Media

4. More Research (traditional metrics on a website)

68% of mobile searchers lookup maps to a business

59% of mobile users interact with businesses via social media

61% of all mobile searches result in a call to a business

Page 22: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

Traditional metrics are important.

But they do not measure the most common forms of mobile response

Page 23: Online Marketing Summit (OMS) - The Myth of Mobile Metrics
Page 24: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

Myth II. Not Enough Mobile Analytics Tools

In 2010 30% of mobile marketers said there were not enough analytics to measure ROI

– r2integrated, 2010

Not true today - Google Analytics mobile - Call analytics advances - SMS Analytics platforms - SoMo analytics platforms

Page 25: Online Marketing Summit (OMS) - The Myth of Mobile Metrics
Page 26: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

There are a variety of mobile-specific analytics platforms

available.

Don’t settle.

Page 27: Online Marketing Summit (OMS) - The Myth of Mobile Metrics
Page 28: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

Myth III. – Don’t Worry About The Phone

Report released in June 2012• Businesses will receive 70 billion calls from mobile devices by

2016. Today that number is 20 billion• Calls to businesses will more than double by the end of 2013

• 20 calls/day now = 41 calls/day in 15 months

Page 29: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

Myth III. – Don’t Worry About The Phone

• Phone Calls Are High Value Leads– Only 2% - 8% of inbound web leads are ready to buy in 3 months

- MECLabs, 2012

– Inbound phone leads are 15-20 times more likely to buy than inbound web leads

- ContactPoint, 2012

Page 30: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

More phone calls means more urgent need to track analytics. You should

worry about the phone.

Page 31: Online Marketing Summit (OMS) - The Myth of Mobile Metrics
Page 32: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

Myth IV. Track as Much Data as Possible

Page 33: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

The majority of mobile landing pages have too many fields - Atmio

Page 34: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

GOOD

Page 35: Online Marketing Summit (OMS) - The Myth of Mobile Metrics
Page 36: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

Mobile landing pages with only 1-2 form fields convert 60%+ more than pages

with more form fields - Atmio

Page 37: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

Myth V. Adwords Analytics is EnoughCase Study – Holiday Inn Express• Tactics

– Put LogMyCalls local numbers in click-to-call (mobile PPC) ads

– Put phone numbers in these ads with phrases like ‘Call us Now’

• Results (for every $10K spent)– Google Measured – 1800 calls– Actual Call Analytics

• Only 890 Calls Completed (48.3%)• 270 Qualified Opportunities (15%)• 180 Reservations Booked (10%)

Page 38: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

Without gathering call analytics CPL, CPA, CPC would have been totally wrong

Would alter optimization, ad copy, future spend and assumptions

Use a call analytics number as call extension.

Page 39: Online Marketing Summit (OMS) - The Myth of Mobile Metrics
Page 40: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

The Mobile Sales Funnel

Awareness

Evaluation

Decision

Almost all web leads enter the funnel unready to buy

Mobile leads are in ‘buying’ mode

Page 41: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

What’s Your Goal?

“When it comes to mobile, think different. It is a platform like none other on the planet. You don’t have to guess what to do. The data and you are truly BFFs.” - Avinash Kaushik, Google, 2012

“Mobile demands that we forget traditional ways of creating experiences and delivering value. The opportunity has not truly exploded yet, but we are approaching that moment.”

- Avinash Kaushik, Google, 2012

Page 42: Online Marketing Summit (OMS) - The Myth of Mobile Metrics

Thank you!

• Free WhitePaper on mobile marketing

• LogMyCalls.com/speak