OPTIMISE –
Track, Learn & Improve
1
Data as the bedrock
2
Data is the foundation of informed decision making and
optimization
What can it do?
1. Help create better customer experience
2. Help find newer customers
3. Understand who your customers actually are
4. Increase customer retention & loyalty
5. Increase chances of predicting sale trends/ forecast
6. Identify and optimize performance & setbacks
7. Define the businesses future path
Identify the right marketing data
3
FACEBOOK
1. Engagement (Likes, comments, shares)
2. Impression, clicks
TOOLS
1. Facebook Insights
2. Creator Studio (for FB videos and Instagram)
Identify the right marketing data
4
INSTAGRAM
INSTA POSTS & VIDEOS
1. Engagement (Likes, comments, archive)
2. Interactions (Profile visits)
3. Discovery (Reach ,follow, impressions [from home/ profile/ hashtags
/other])
INSTA STORIES
1. Engagement (Likes, comments, archive)
2. Interactions (Replies, profile visits)
3. Discovery (Impressions, follows, navigation [back/ forwards/ next
story/ exited])
TOOLS
1. Business profile insights on app
2. Creator Studio
Identify the right marketing data
5
EMAIL
1. Open rate
2. Click rate
3. Subscribe rate
4. Unsubscribe rate
5. Bounced
6. Successful deliveries
7. Forwarded
8. Subscribers with most opens
• Return on Investment (ROI)
• Cost per Mille (1000 - CPM)
• Cost per Click (CPC)
• Customer Lifetime Value (CLV)
• Click Through Rate (CTR)
• Cost per Acquisition (CPA)
• Return on Ad Spend (ROAS)
Other metrics
6
= (total Profit contribution (Annual) * average
no of years they’re your customer) – initial
acquisition cost
7
Improve Content based on Information Received
8
1. Identify best topics/ posts & work around it
2. Identify best time & days to post
3. Set benchmarks of performance (KPI)
4. Identify best items/interest from your product line &
expand/improve on it
5. Identify the best platforms for your target audience
6. Possibility to do A/B testing with clearer goals
7. Identify overall gaps in current social media strategy &
the type of content that works (blogs/video/images)
Carry out Customer
Segmentation
9
10
Demographics
• Age
• Gender
• Income
• Location
• Family Situation
• Annual Income
• Education
• Ethnicity
• FIRMOGRAPHIC
• Company size
• Industry
• Job function
• Annual turnover
B2C
B2B
11
Psychographics
• Personality traits
• Values
• Interests
• Lifestyles (Purchasing & spending habits)
• Psychological influences
• Subconscious and conscious beliefs
• Motivations
• Priorities
12
Geographic
• ZIP code
• City
• Country
• Radius around a certain location
• Climate
• Urban or rural
13
Decoding the Reasons
 Accurate marketing triggers
 Accurate marketing tactics
 Identify & penetrate niches
 Pricing & product packaging strategies
 Strengthen relationships & customer service
14
B2B versus B2C Strategies
15
 Per unit sales
 Bite sized deals – shorter lifecycles
 Value for money
Characteristics
 Bulk sales
 Longer lifecycles
 Long term relationships
Logically Driven Sales Decisions
Emotionally/ Specific Need Driven Sales Decisions
16
 Short period
 Branding presence > lead generation
 Bite sized deals
(transactional relationships)
Timeline of Transaction
 Bulk sales
 Lead generation > branding presence
 Long term relationships
(personal relationships)
17
 Social media presence
 Client feedback repository
 Interactive content
 Content marketing
 Short term valuable service
 Simple & emotional lingo
Collaterals
 Database
 Long term valuable packages
 Website
 SEO & search engine visibility
 Brochures
 Client feedback repository
 Business terminology lingo 18
BUYER PERSONA
Understand customers and their needs,
wants, and demands
19
Source: https://marketinginsidergroup.com/strategy/5-reasons-buyer-personas-arent-good-enough/
Why dedicate time?
20
Decoding Your Buyer’s Persona
Where does your
buyer get your
information?
What are their biggest
frustrations & challenges
(pain points)?
(before/during purchase)
What are their hopes
& desires?
What are their biggest
fears? (after purchase)
21
What is their tone,
keywords
/vernacular?
 Social media platforms
 Blogs
 Analytical Websites (buzzsumo, answerthepublic, keywords everywhere, fb
audience, google trends, youtube/ google/yahoo/bing search bar)
 News portals & industry trends
 Online research
 Analysing existing data
Extracting the right data
Focus groups
Interviews
Polls
Surveys
Second/third party data
Statistics (email, website, ads,
social media)
Open ended primary research
22
Calculating Customer
Lifetime Value (CLV)
23
• Budget to acquire customers
CLV = (total revenue contribution (Annual) * average no
of years they’re your customer) – initial acquisition cost
Formulae
24
• What is cost of acquisition?
• Return on Investment (ROI)
• Cost per Mille (1000 - CPM)
• Cost per Click (CPC)
• Click Through Rate (CTR)
• Cost per Acquisition (CPA)
• A/B Testing
• Call to Action (CTA) – Time restrain
• Permission marketing
• TOFU – MOFU – BOFU
• Return on Ad Spend (ROAS)
Key Words to know
25
Inbound Marketing
Methodology
26
Revisiting the past
27
METHODS
Exploring the present
28
METHODS
Inbound Tactics
29
Why dedicate time?
30
Who are you targeting?
31
60%
30%
10%
Know the problem,
Know the solution
READY TO BUY
Know the problem,
Searching for solution
Don’t even know there’s
a problem
Stages of a potential lead’s journey
32
identified their challenge or
an opportunity they want to
pursue
clearly defined the goal or
challenge and have
committed to addressing it
evaluate the different
approaches or methods
available to pursue the goal
or solve their challenge
Ignorant/ unaware
Yet to realize they have a
challenge/ opportunity
This is a lead’s internal reflection/ self realization
33
Mapping out your potential customer’s journey
Questions to ask
1. How will my buyer become aware of their problem?
2. How will they become aware of their solution?
3. How do they become interested in a brand?
4. Why would they desire a particular brand?
5. What would motivate them to convert?
Lead is becomes your potential customer the
moment they see you exist
 Awareness
 Interest/ Engagement / Consideration
 Desire/ Evaluation
 Action/ Purchase
 Loyalty/ Post Purchase
Stages of the customer lifecycle
34
Tell them that you exist
Wow them with testers
Keep reminding them that
you’re the best option
Wow them with your
product/ service
Keep reminding them that
you’re there for their needs
Bonus Best Practices
35
 Keep expanding testimonial database
 Build constant goodwill
 Build awareness with value not a pitch
 Keep ex-customers in a loop
 Spend extra time in your pitch/ ad copy
 Create an identity not an achievement
POTENTIAL LEAD -> LEAD-> POTENTIAL CUSTOMER -> CUSTOMER
Customer Journey
36
FUNNEL FLYWHEEL
ATTRACT
ENGAGE
DELIGHT

Cddmbysantcsosh

  • 1.
  • 2.
    Data as thebedrock 2 Data is the foundation of informed decision making and optimization What can it do? 1. Help create better customer experience 2. Help find newer customers 3. Understand who your customers actually are 4. Increase customer retention & loyalty 5. Increase chances of predicting sale trends/ forecast 6. Identify and optimize performance & setbacks 7. Define the businesses future path
  • 3.
    Identify the rightmarketing data 3 FACEBOOK 1. Engagement (Likes, comments, shares) 2. Impression, clicks TOOLS 1. Facebook Insights 2. Creator Studio (for FB videos and Instagram)
  • 4.
    Identify the rightmarketing data 4 INSTAGRAM INSTA POSTS & VIDEOS 1. Engagement (Likes, comments, archive) 2. Interactions (Profile visits) 3. Discovery (Reach ,follow, impressions [from home/ profile/ hashtags /other]) INSTA STORIES 1. Engagement (Likes, comments, archive) 2. Interactions (Replies, profile visits) 3. Discovery (Impressions, follows, navigation [back/ forwards/ next story/ exited]) TOOLS 1. Business profile insights on app 2. Creator Studio
  • 5.
    Identify the rightmarketing data 5 EMAIL 1. Open rate 2. Click rate 3. Subscribe rate 4. Unsubscribe rate 5. Bounced 6. Successful deliveries 7. Forwarded 8. Subscribers with most opens
  • 6.
    • Return onInvestment (ROI) • Cost per Mille (1000 - CPM) • Cost per Click (CPC) • Customer Lifetime Value (CLV) • Click Through Rate (CTR) • Cost per Acquisition (CPA) • Return on Ad Spend (ROAS) Other metrics 6 = (total Profit contribution (Annual) * average no of years they’re your customer) – initial acquisition cost
  • 7.
  • 8.
    Improve Content basedon Information Received 8 1. Identify best topics/ posts & work around it 2. Identify best time & days to post 3. Set benchmarks of performance (KPI) 4. Identify best items/interest from your product line & expand/improve on it 5. Identify the best platforms for your target audience 6. Possibility to do A/B testing with clearer goals 7. Identify overall gaps in current social media strategy & the type of content that works (blogs/video/images)
  • 9.
  • 10.
  • 11.
    Demographics • Age • Gender •Income • Location • Family Situation • Annual Income • Education • Ethnicity • FIRMOGRAPHIC • Company size • Industry • Job function • Annual turnover B2C B2B 11
  • 12.
    Psychographics • Personality traits •Values • Interests • Lifestyles (Purchasing & spending habits) • Psychological influences • Subconscious and conscious beliefs • Motivations • Priorities 12
  • 13.
    Geographic • ZIP code •City • Country • Radius around a certain location • Climate • Urban or rural 13
  • 14.
    Decoding the Reasons Accurate marketing triggers  Accurate marketing tactics  Identify & penetrate niches  Pricing & product packaging strategies  Strengthen relationships & customer service 14
  • 15.
    B2B versus B2CStrategies 15
  • 16.
     Per unitsales  Bite sized deals – shorter lifecycles  Value for money Characteristics  Bulk sales  Longer lifecycles  Long term relationships Logically Driven Sales Decisions Emotionally/ Specific Need Driven Sales Decisions 16
  • 17.
     Short period Branding presence > lead generation  Bite sized deals (transactional relationships) Timeline of Transaction  Bulk sales  Lead generation > branding presence  Long term relationships (personal relationships) 17
  • 18.
     Social mediapresence  Client feedback repository  Interactive content  Content marketing  Short term valuable service  Simple & emotional lingo Collaterals  Database  Long term valuable packages  Website  SEO & search engine visibility  Brochures  Client feedback repository  Business terminology lingo 18
  • 19.
    BUYER PERSONA Understand customersand their needs, wants, and demands 19
  • 20.
  • 21.
    Decoding Your Buyer’sPersona Where does your buyer get your information? What are their biggest frustrations & challenges (pain points)? (before/during purchase) What are their hopes & desires? What are their biggest fears? (after purchase) 21 What is their tone, keywords /vernacular?
  • 22.
     Social mediaplatforms  Blogs  Analytical Websites (buzzsumo, answerthepublic, keywords everywhere, fb audience, google trends, youtube/ google/yahoo/bing search bar)  News portals & industry trends  Online research  Analysing existing data Extracting the right data Focus groups Interviews Polls Surveys Second/third party data Statistics (email, website, ads, social media) Open ended primary research 22
  • 23.
  • 24.
    • Budget toacquire customers CLV = (total revenue contribution (Annual) * average no of years they’re your customer) – initial acquisition cost Formulae 24 • What is cost of acquisition?
  • 25.
    • Return onInvestment (ROI) • Cost per Mille (1000 - CPM) • Cost per Click (CPC) • Click Through Rate (CTR) • Cost per Acquisition (CPA) • A/B Testing • Call to Action (CTA) – Time restrain • Permission marketing • TOFU – MOFU – BOFU • Return on Ad Spend (ROAS) Key Words to know 25
  • 26.
  • 27.
  • 28.
  • 29.
  • 30.
  • 31.
    Who are youtargeting? 31 60% 30% 10% Know the problem, Know the solution READY TO BUY Know the problem, Searching for solution Don’t even know there’s a problem
  • 32.
    Stages of apotential lead’s journey 32 identified their challenge or an opportunity they want to pursue clearly defined the goal or challenge and have committed to addressing it evaluate the different approaches or methods available to pursue the goal or solve their challenge Ignorant/ unaware Yet to realize they have a challenge/ opportunity This is a lead’s internal reflection/ self realization
  • 33.
    33 Mapping out yourpotential customer’s journey Questions to ask 1. How will my buyer become aware of their problem? 2. How will they become aware of their solution? 3. How do they become interested in a brand? 4. Why would they desire a particular brand? 5. What would motivate them to convert? Lead is becomes your potential customer the moment they see you exist
  • 34.
     Awareness  Interest/Engagement / Consideration  Desire/ Evaluation  Action/ Purchase  Loyalty/ Post Purchase Stages of the customer lifecycle 34 Tell them that you exist Wow them with testers Keep reminding them that you’re the best option Wow them with your product/ service Keep reminding them that you’re there for their needs
  • 35.
    Bonus Best Practices 35 Keep expanding testimonial database  Build constant goodwill  Build awareness with value not a pitch  Keep ex-customers in a loop  Spend extra time in your pitch/ ad copy  Create an identity not an achievement POTENTIAL LEAD -> LEAD-> POTENTIAL CUSTOMER -> CUSTOMER
  • 36.

Editor's Notes

  • #2 -the art of creating lead magnets
  • #22 - Most people buy with emotions then justify with logic
  • #23 Example – matrix concepts (lowyat & invoke) & invoke
  • #27 -the art of creating lead magnets
  • #28 Harder to push through People receive too many emails Spam filters (google, boxbee, etc) Mostly unqualified leads, not accurate targeting
  • #29 - Self qualified leads
  • #30 Organic effort logistics rather than salesmanship, and statistical distribution rather than promotion
  • #32 - Evaluate which type of audience you want
  • #33 lead’s self realization stages before they identify you Helping them thru this will build goodwill + branding + maybe even win you their money
  • #35 Every type of audience needs an introduction that starts from awareness Notice, nowhere here you are pushing them to buy
  • #36 Point 1 – bribe them for reviews Point 3 – ppl are immune to pitches, they avoid sales pitches – instead give them enough value that they come and ask for your pitch (quote) Point 4 – tee them up for repeat sales / referral leads (use referral programs, give special deals for customers only) Point 6 – half marathon over being a runner (goal of being fit over winning a marathon – become known for that)
  • #37  Traditional vs modern From stranger to sales advocate