skimlinks and 7thingsmedia present 3 ways to hack the purchase funnel

Post on 05-Jul-2015

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-How Merchants and Publishers can be most effective at every stage of the purchase funnel, and how the stages aren’t necessarily exclusive. Channels cross various stages of the funnel now so it’s important to recognize their value for each stage.

TRANSCRIPT

3 ways to hack the purchase funnel

@Skimlinks@7thingsmedia #PMINYC

Why are we talking about purchase funnels?

Is there really a funnel?

0%0%0%0%0%0%0%

42%

6%20%

13%

6%2%

11%

0%0%0%0%0%0%0%

40%

12%

18%

11%

5%

10%

4%

0%0%0%0%0%0%0%

36%

32%

14%

10%

4%3% 1%

DTU

Skimlinks

SEO Other

PPC Brand

Other

Display Retargeting/Tactical

Affiliate

What’s the last thing you bought?

How were you influenced?

43% of last click conversions were Search

Sample: Skimlinks publisher network Source: Skimlinks data, Jul-Oct 2012

Purchase intent

Forms Matures

The lines are blurring

Advertisers are missing the opportunity to create & rapidly cultivate purchase intent

3

Product/service discovery is evolving

Generators

Devices

Sources

+

Up to 95% of traffic from publisher content

to merchants does NOT convert into a sale

Sample: Skimlinks publisher network Source: Skimlinks data, Oct 2012

Showcase offers and recommend other products

Come back!

Capture that sale

Source: Internet Retailer, Apr 2012

Use of coupons on publisher websites increases

conversions on average by 12%

Sample: Skimlinks publisher network Source: Skimlinks data, Oct 2012

42% of consumers are more likely to try and purchase from a completely new brand after seeing an offer on

an affiliate site

Source: Forrester, Linkshare Online consumer research, Dec 2011

It’s not all about the coupon

Mobile visitors on publisher websites take 19% fewer clicks before arriving at merchant (and

purchasing)

Sample: Skimlinks publisher network Source: Skimlinks data, Oct 2012

Seasonality and beyond

How do you react?

THANK YOU! Questions?

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