You Pay Now...3 Ways to Hack The Purchase Funnel

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You Pay Now… 3 ways to hack the purchase funnel @digijoe

Transcript of You Pay Now...3 Ways to Hack The Purchase Funnel

Page 1: You Pay Now...3 Ways to Hack The Purchase Funnel

You Pay Now… 3 ways to hack the purchase funnel

@digijoe

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The internet influences what we buy

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Purchase intent

Forms Matures

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What’s the last thing you bought? How were you influenced?

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Publishers can make money from purchase intent(Marketers can optimise & target purchase intent)

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Make money? Ads, affiliate, paywall, in-app

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Display (per impression)

Traffic (per click)

Affiliate (per sale)

Monetization method often correlates to where you operate in funnel

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Who gets the purchase attributed to them?

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Publishers missing the opportunity to create & rapidly cultivate purchase intent

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Publishers don’t capitalise properly from their role in the purchase funnel

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Leverage sources and spark intent

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Product/service discovery is evolving

Generators

Devices

Sources

+

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Social media drives intent

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Discovery features

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User Immersion

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Fulfil your own demand

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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

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Blur the line between publisher & merchant

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“part store, blog, magazine and wish list ”

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Seize the impulse buy

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Use of coupons on publisher websites increases conversions on average by 12%

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

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Use incentives & scarcity

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The social halo effect

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

(and purchasing)

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

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Mobile = impulse = shorter funnel

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Bonus hack – don’t post the week before payday

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Skimlinks is a platform that automates monetization of purchase intent…

…also means we optimise and shorten the funnel. Get paid now!!

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http://skimlinks.com@skimlinks

@digijoe