Planning and Budgeting for Digital Marketing Success in the New Year

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How can you make the planning and budgeting process less painful, and make the case for digital marketing in the new year? During this webinar, Search Mojo’s Janet Driscoll Miller and Sean McCusty will show you why digital marketing needs to be a part of your budget, and how to lay the foundation to make digital marketing work.

transcript

@SEARCHMOJO

SEARCH-MOJO.COM

800.939.5938

JANET DRISCOLL MILLER

SEAN MCCUSTY

SEARCH MOJO @SEARCHMOJO

SEARCH-MOJO.COM

800.939.5938

SEARCH-MOJO.COM @searchmojo #mojowebinar

Janet Driscoll Miller

President and CEO,

Search Mojo

Follow on Twitter: @janetdmiller

Sean McCusty

Sales Consultant,

Search Mojo

Follow on Twitter: @seanmccusty

SEARCH-MOJO.COM @searchmojo #mojowebinar

• Search engine marketing firm founded in 2005

– Search engine optimization (SEO)

– Pay-per-click advertising management (PPC)

– Social media advertising

– Online reputation management

• Headquartered in Charlottesville, VA

– Office in Charleston, SC

• Featured in the Washington Post, B2B Magazine,

MarketingSherpa, Visibility Magazine and many blogs

• Speakers at SMX Advanced, MarketingProfs, PubCon and more

SEARCH-MOJO.COM @searchmojo #mojowebinar

@SEARCHMOJO

SEARCH-MOJO.COM

800.939.5938

SEARCH-MOJO.COM @searchmojo #mojowebinar

SEARCH-MOJO.COM @searchmojo #mojowebinar

• Organic Search

• Content Marketing

• Digital Advertising

– Paid Search

– Social Media

• Analytics and Nurturing

@SEARCHMOJO

SEARCH-MOJO.COM

800.939.5938

SEARCH-MOJO.COM @searchmojo #mojowebinar

SEARCH-MOJO.COM @searchmojo #mojowebinar

SEARCH-MOJO.COM @searchmojo #mojowebinar

SEARCH-MOJO.COM @searchmojo #mojowebinar

SEARCH-MOJO.COM @searchmojo #mojowebinar

• Inbound links

– Press releases

– Spammy sites

• Greater emphasis on content

– Authorship

• Greater emphasis on social

– Google+

• SEO has become more

holisitic

SEARCH-MOJO.COM @searchmojo #mojowebinar

• Focus on content

• Rethink your link strategy

– Involve social media team

• Make sure your metrics are in place

@SEARCHMOJO

SEARCH-MOJO.COM

800.939.5938

SEARCH-MOJO.COM @searchmojo #mojowebinar

SEARCH-MOJO.COM @searchmojo #mojowebinar

SEARCH-MOJO.COM @searchmojo #mojowebinar

• Organic Search

– Provides more pages/assets for indexing

– Increases opportunities to gain visibility

– Provides inbound links from social and

other channels

• Paid Search

– Provides assets to offer in ads, stoking lead

generation efforts

• Nurturing

– Provides assets to continue the conversation

SEARCH-MOJO.COM @searchmojo #mojowebinar

@SEARCHMOJO

SEARCH-MOJO.COM

800.939.5938

SEARCH-MOJO.COM @searchmojo #mojowebinar

• Product Listing Ads

• Retargeting

– Display

– YouTube

– RLSA

SEARCH-MOJO.COM @searchmojo #mojowebinar

Pushing Store Visit Pushing E-commerce

@searchmojo #mojowebinar SEARCH-MOJO.COM

Over 85% increase in

return conversions

98% of visitors leave your

site without converting

SEARCH-MOJO.COM @searchmojo #mojowebinar

• More than 90% of retailers do not

complete a transaction in their first visit.

• Retargeted consumers are nearly 70%

more likely to complete a purchase as

compared to non-retargeted consumers.

• Retargeted consumers spend, on average

50% more than those served with non-

retargeted banner ads.

@SEARCHMOJO

SEARCH-MOJO.COM

800.939.5938

SEARCH-MOJO.COM @searchmojo #mojowebinar

SEARCH-MOJO.COM @searchmojo #mojowebinar

• “Social Media Management Software”

– Enterprise level product:

12 months/$100,000 commitment

• But WHO searches using this term?

SEARCH-MOJO.COM @searchmojo #mojowebinar

• High level of demographic targeting

Facebook LinkedIn

Likes Industry

Gender Gender

Status Update Title and/or Function

Geographic Region Geographic Region

School Company Size

Age Seniority Level

SEARCH-MOJO.COM @searchmojo #mojowebinar

@SEARCHMOJO

SEARCH-MOJO.COM

800.939.5938

SEARCH-MOJO.COM @searchmojo #mojowebinar

0 50 100 150 200 250 300 350 400

2011

2012

Conversions

SEARCH-MOJO.COM @searchmojo #mojowebinar

2011 2012

Conversions

SEARCH-MOJO.COM @searchmojo #mojowebinar

2011 2012

Cost per Lead

SEARCH-MOJO.COM @searchmojo #mojowebinar

2011 2012

Cost

SEARCHMOJO.COM @searchmojo #mojowebinar SEARCH-MOJO.COM

281% 1178% (pipeline) (revenue)

ROI

@SEARCHMOJO

SEARCH-MOJO.COM

800.939.5938

@SEARCHMOJO

SEARCH-MOJO.COM

800.939.5938

SEARCH-MOJO.COM @searchmojo #mojowebinar

• 50% of qualified leads are not ready to purchase

immediately

• Companies that invest in marketing automation solutions see

70% faster sales cycle times, and 54% improvement in quota

achievement.

• Businesses that use marketing automation to nurture

prospects experience a 451% increase in qualified leads.

Companies that excel at lead nurturing generate 50% more

sales ready leads at 33% lower cost.

• 47% of nurtured leads make larger purchases over non-

nurtured leads.

• Companies that automate lead management see a 10% or

greater increase in revenue in 6-9 months.

SEARCH-MOJO.COM @searchmojo #mojowebinar

SEARCH-MOJO.COM @searchmojo #mojowebinar

• Propagating a user’s profile over time

• Marketers prioritize the fields to capture

SEARCH-MOJO.COM @searchmojo #mojowebinar

SEARCH-MOJO.COM @searchmojo #mojowebinar

42.3% of

Respondents

Fill Out

Additional

Information

SEARCH-MOJO.COM @searchmojo #mojowebinar

SEARCH-MOJO.COM @searchmojo #mojowebinar

• Set up Goals

• Set up Ecommerce

• Use tagging

• Use Attribution Modeling

SEARCH-MOJO.COM @searchmojo #mojowebinar

@SEARCHMOJO

SEARCH-MOJO.COM

800.939.5938

SEARCH-MOJO.COM @searchmojo #mojowebinar

SEARCH-MOJO.COM @searchmojo #mojowebinar

• Spending on digital marketing averages

2.5% of company revenue.

SEARCH-MOJO.COM @searchmojo #mojowebinar

• What is your organization’s temperament?

– Data driven?

– Risk Adverse?

• Message to the Decision Maker(s)

– For the CEO: Support the Strategic Vision.

– For the CFO: Maximize revenue, minimize

expense.

– For the CMO: Drive qualified leads &

conversions.

SEARCH-MOJO.COM @searchmojo #mojowebinar

• Budget for a “Proof of Concept”

– Allocate resources for single quarter

• Success leads to additional funding for continuing

the program.

• Budget for a year long effort

– What would be your “Biggest Win”?

• What will support the most important strategic

objective?

SEARCH-MOJO.COM @searchmojo #mojowebinar

• Communicate how digital marketing

supports the organization’s priorities.

• Present a detailed proposal for digital

marketing activities.

• Identify the KPIs that digital will

influence and measure them.

• If you have questions about how to

approach your budget, we can help.

SEARCH-MOJO.COM @searchmojo #mojowebinar

Contact Search Mojo:

Sean McCusty

800-939-5938 ext. 116

smccusty@search-mojo.com

SEARCH-MOJO.COM @searchmojo #mojowebinar

Top 14 SEO Myths…Busted!

November 7, 2013

2:00 p.m. ET

Register today at

www.search-mojo.com/SEOMyths

Tad Miller

Vice President, Accounts

Search Mojo

Janet Driscoll Miller

President & CEO

Search Mojo

SEARCH-MOJO.COM @searchmojo #mojowebinar

Google+: +Search Mojo

Twitter: @SearchMojo

Facebook:

facebook.com/searchmojo

Janet Driscoll Miller

Twitter: @janetdmiller

Google+: +Janet Driscoll Miller

Sean McCusty

Twitter: @seanmccusty

Google+: +Sean McCusty