Moving beyond the funnel: How to market across the customer lifecycle

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TM Moving beyond the funnel: How to market across the customer lifecycle 1

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Transcript of Moving beyond the funnel: How to market across the customer lifecycle

  • 1. Moving beyond the funnel: How to market across the customer lifecycle
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  • 2. Todays Presenter
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    Hello, my name is
    Joshua
    Joshua Porter
    VP of Customer Experience
    Contact info:
    888-268-6035
    [email protected]
  • 3. Webinar Logistics
    Todays webinar will be recorded and you will receive an email link to it.
    Please enter your questions in the question box. We will answer as many as possible at the end of the presentation.
    If you are have technical difficulties, try logging back in or using a different browser
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  • 4. Agenda
    Webinar (30 minutes)
    Todays Sophisticated Customer
    Multichannel Marketing
    Lifecycle Marketing
    Turning insights into action
    Q&A (15 minutes)
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  • 5. Todays Sophisticated Customer
  • 6. Todays customer is multi-channel and multiplatform
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    78% of consumers
    use two or more channels to browse, research and make purchases
    Oracle | atg consumer survey
    http://www.flickr.com/people/eflon/
  • 7. Todays customer is multi-channel and multi-platform
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    24% of consumers say they incorporate facebook, twitter, or other social networks into their online purchasing activities
    Oracle | atg consumer survey
  • 8. Todays customer is multi-channel and multi-platform
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    Googles mobile search grew 5x
    from early 2008 to 2010
    Source: Google
    http://www.flickr.com/photos/carnero/
  • 9. To market effectively to todays customers, a few things are going to need to change
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    Your Marketing
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    Starting
    with the
    traditional marketing funnel
  • 11. Multichannel Marketing
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    Traditional funnel marketing assumes
    that your customers path to conversion is linear
  • 13. But todays customers take a variety of steps to conversion, both on and off your site
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  • 14. Practical steps for understanding the various channels, content and keywords that drive your best customers
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    Make a list of all of the channels and platforms your customers use.
    Monitor your analytics for 2-4 weeks to determine which channels are most effective. If possible, monitor first and last touch.
    Interview your best customers to get a sense of how they found you and decided to sign-up.
    Performable can automate
    these steps for you
  • 15. Lifecycle Marketing
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    Emailed Question
    Phone Response
    Purchase Product
    Visited Site
    Clicked on Ad
    The traditional funnel marketing doesnt go past the first point of conversion
  • 17. But todays customers build relationships with brands over time
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    [ -----------------------------10 15 months-------------]
    [--- 2-4 weeks--]
  • 18. Practical steps for marketing throughout the entire lifecycle
    Identify all of the milestones customers go through.
    Include activity like: help desk requests, customer feedback channels, reviews and other key interactions.
    For each touchpoint you identify, start recording interaction events in your analytics platform.
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    Performable can automate
    these steps for you
  • 19. Tactic: Meet People at the Door
    Embed a chat or phone call widget on your website.
    Put someone in place to monitor any incoming chats.
    Have conversations about questions, expectations, and general experience.
    Share with others on your team and change your marketing appropriately.
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  • 20. Tactic: Interview your Passionates
    Identify your very best, most passionate customers.
    Interview them to hear them tell you in their own words why theyre passionate about you.
    Record what they say and embed that content in your marketing and sales collateral.
    Reward your passionates!
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  • 21. Turning your insights into action
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    Traditional analytics give you information, but dont enable you to easily act on it
    Photo by Kishisaka: http://www.flickr.com/photos/70681780@N00/4194694672/
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    Communicating effectively to todays customers will require closing the gap between marketing analytics and email
  • 24. Practical steps for connecting your messaging to customer insights
    Stop mass emailing.
    Segment your emails based on customer behavior or milestones reached.
    Conduct A/B testing to determine your most successful messages by segment.
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    Performable can automate
    these steps for you
  • 25. Recap
    Todays customer is multichannel. Your marketing strategy should be too.
    Todays customers develop relationships over time. Learning to market to them at various stages of their lifecycle is key.
    Insights without actions are worthless. Tie your analytics to your email and communications strategy.
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  • 26. A brief overview of Performable
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    Tracks across channels
    web, email, social, mobile, billing services etc.
    Tracks over time
    Unique user profiles from first click to latest interaction
    Enables you to act
    Built-in email automation tool so you can message based on behavior
    Up and running same-day
    Easy to use and integrate with other marketing tools
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    Want to talk specifics about
    using Performable for your company?
    Call us at 888-268-6035
    or visit
    http://www.performable.com
  • 29. Thank you Questions?
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    Joshua Porter
    VP of Customer Experience
    Call us: +1888-268-6035
    Follow us: @Performable
    www.performable.com