evolution of marketing persuading customers when they ignore marketing presented by: nathan stewart...
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Evolution of MarketingPersuading Customers when they Ignore Marketing
Presented By:
Nathan StewartDate: 10th June 2010
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About Alkemi – Your Web Efficiency Partner
Building online businesses with the traffic you want and the conversions your need.
Web Site Development Persuasive Interface Design Search Engine Marketing (PPC Management) Search Engine Optimisation (SEO) Landing Page Optimisation Conversion Enhancement & Persuasion Architecture™ Web Analytics Multivariate Testing – Google Website Optimizer Social Media Optimisation (SMO) Content Development and Copywriting
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Alkemi Client Portfolio
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The rapid growth of the Internet is astounding!
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The Internet has forced Marketers to Evolve
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Big is no longer an advantage. In fact, it’s the opposite. If you want
to be big, act small.
1. Consumers have more power than ever before.Treating them like they don’t matter doesn’t work.
2. Multiple channels of information mean it’s almost impossible to live a lie.Authentic stories spread and last.
3. The ability to change fast is the single best asset in a world that’s changing fast.
4. There are no side effects. Just effects.
5. Indulge short attention spans.
Recommended Book: ‘Small is the New Big’ by Seth Godin
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Push Versus Pull Marketing Techniques
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Versus
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Sellin
g Pro
cess
Buying P
roce
ssProspect Recognition
Rapport Information Search
Qualify
Present
Close
Satisfaction
Evaluation of Action
Purchasing Decision
Action
Post Purchase Evaluation
Buying Process Vs Selling Process
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Average websites are pretty average....Focus on satisfying Customers and Persuading them to take Action
Start Step Step Step Conversion Goal
Micro Actions – These are also points of conversion.
In a highly competitive market you need to be vastly better than Average!
1. An average website converts only 2% of its clicks into sales or enquiries (aim for at least 6-8%)
2. Most websites loose most of their visitors in the first few pages of their site. It is unfortunately all too common to see Bounce rates of 40% or more (aim for less than 25% )
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SALES is simply a transfer of CONFIDENCE to a person that has a
need.
CONFIDENCE is best transferred online through RELEVANCE
Google’s Current Valuation: US$150 Billion
Not bad given Larry Page and Sergey Brin only meet at Stanford in 1995!
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“Why We Buy” by Paco Underhill
A study is conducted in a home wares retail chain to see the average amount of shopping time a user spends in the store.
Results:
• Woman shopping with a female companion: 8 minutes 15 seconds
• Woman with children: 7 minutes 19 seconds
• Woman alone: 5 minutes 2 seconds
• Woman with a man: 4 minutes 41 seconds
• Average amount of time users spend on a website: 2 minutes and 36 seconds.
Question: When at a shopping centre, which place do customers walk the fastest?
Answer: Car Park and ‘Twilight Zone’ or Entrance
Question: How many words can effectively be read on a door sign as somebody enters a shop?
Answer: None
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Search Engine Referred traffic discloses Customer Intent on arrival
Interested in Used Car
Committed to certain Brand (Holden) and Model (VE)
Shows signs of being price sensitive and is seeking a Deal.
Probably a man about to get engaged
Has an interest in a snazzy design
Is seeking a Diamond ring
The prospect has a Cat
It’s Fat
They think by feeding it more it’s going to help the situation!
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Persuasion Architecture…Understanding how people communicate
Pace
Deliberate
Quick
EmotionalBias
Competitive Spontaneous
Methodical Humanistic
Logical
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How we buy
Deliberate
Quick
WHAT WHY
HOW WHO
Competitive Spontaneous
Methodical Humanistic
can you do for me?
should I buy from you?
does it work? has used you?
Pace
BiasLogical Emotional
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Top rating shows are relevant … why?
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The Simpsons
Quick
Bias
DeliberateLogical Emotional
PaceMethodical
Spontaneous
Humanistic
Competitive
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Sex and The City
Competitive Spontaneous
Methodical HumanisticPace
Bias
Deliberate
Quick
Logical Emotional
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Myers Briggs Psychological TypesSPONTANEOUSAttitude: Personal, activity oriented Question: Why is your solution best to solve the problem? Approach: Address values and provide assurances, credible opinions rather than optionsSample Copy: Our approach is personalised to meet your objectives. The bottom line is our results are guaranteed. Explore our methodology to discover how thousands of clients just like you have been delighted.
METHODICALAttitude: Businesslike, detail orientedQuestion: How can your solution solve the problem? Approach: Provide hard evidence and superior serviceSample Copy: Our approach is personalised to meet your objectives. The bottom line is our results are guaranteed. Explore our methodology to discover how thousands of clients just like you have been delighted.
HUMANISTICAttitude: Personal, relationship orientedQuestion: Who has used your solution to solve my problem? Approach: Offer testimonials and incentivesSample Copy: Our approach is personalised to meet your objectives. The bottom line is our results are guaranteed. Explore our methodology to discover how thousands of clients just like you have been delighted.
COMPETITIVEAttitude: Businesslike, power oriented Question: What can your solution do for me? Approach: Provide options, probabilities and challengesSample Copy: Our approach is personalised to meet your objectives. The bottom line is our results are guaranteed. Explore our methodology to discover how thousands of clients just like you have been delighted.
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Recent Web Development & Design Examples
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Recent design examples: New Site Design and Build
Conversion Rate increased from 1.83% to 3.07% with the launch of the new site.
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Recent design examples: Landing Page Optimisation
Conversion Rates for this page increased by 125% (from 1% to 3.15%) since it was launched.This is the equivalent of an additional 260 leads annually or $68,900 in additional revenue!
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Recent design examples: Conversion Assessment & Interface Design
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Recent design examples: Conversion Assessment & Interface Design
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Nathan Stewart
www.alkemi.com.au
Ph 03 9431 4044
Questions?
"Discovery is seeing what everybody else has seen and thinking what nobody else has thought." - Albert Szent-Gyorgyi