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#LPTALK

Convert More Visitors
To Customers
Enterprise-Class Secrets To High Impact Targeting

Presented by

Sponsored by
Follow this webinar on Twitter

#LPTalk
Demand Gen Report: @DG_Report
LivePerson: @LivePerson
Alon Waks: @AlonWaks
Panelists

Moderated by:

Alon Waks,
Director of Product Marketing,

LivePerson

Alicia Fiorletta
Demand Gen Report
The Broken Landscape of Digital Engagement

#LPTalk

For every $92 marketers spend
driving traffic to their websites,
they spend only $1 to optimize them.

1 in 20
83%

93%

of your online visitors have a disproportionately high
impact on your business and need to be engaged

need some form of support during their online journey

of consumers see real-time help as being beneficial
#LPTalk
“Just
Browsing”

Self-Serve

Purchase

Visitors

intend to buy but
don’t

Leave

Complete
Transaction

Purchase

Intend to
buy but
need help

Abandon
Cart
Right
Engagement

When stakes are high

Engage Live

Complete
Transaction
Intelligently Engage

#LPTalk
Multiple-D Algorithm
Predictive:

1D Rules Targeting:
Complex, tedious,
manual updates

Simplified &
automatic

Rule
1

Rule
2

Rule
3

Rule
4

Rule
1

Rule
2

Rule
3

Rule
4

Rule
5

Rule
6

Rule
7

Rule
8

Rule
5

Rule
6

Rule
7

Rule
8

Rule
9

Rule
10

Rule
11

Rule
12

Rule
9

Rule
10

Rule
11

Rule
12

Rule
13

Rule
14

Rule
15

Rule
16

Rule
13

Rule
14

Rule
15

Rule
16

“Hot Lead”

Visitor Most Likely to Convert
How Do You Identify Your Targets?

#LPTalk

Business Goals

• Who fits your

business goals?
• Who of those has
intent to engage, convert?
• Who doesn’t?

• Cart Value > $xx • High
Conversion
• Low Csat
Visitor Traffic

• High LTV
• Loyalty

?

?
Intelligently Engage

#LPTalk

Business Goals

Self Learning Algorithm

• 3rd Party Data
• Visitor Profile

• Automatically

identifies audience
• Intent models drive
visitor scoring
• Self learning model
leverages behavior,
visitor data, external

• Cart Value > $xx • High
Conversion
• Low Csat
Visitor Traffic

• High LTV
• Loyalty
Intelligently Engage

Provide visitors,
From all the right
engagement type
target the right ones that
Generating rich –
chat, campaign goal
fit theoffer, voice, video –
data, extracted from –
to behavior and value…
by best fit visitor behavior
engagements, to enrich
..at the right location
customer digital investments
and time
Leveraging collaboration
through rich media, show
video, file sharing, screen
share
Using the right
agent/representative, fit
per visitor profile,
language and skills

#LPTalk

Business Goals

• Cart Value > $Xx • High
Conversion
• Low Csat

• High LTV
• Loyalty

Visitor Traffic

?

Enriched Engagement Data

Chat Optimize Agent
Performance
Voice

Personalized Offers
Paid, Organic
Social Strategy
Search

Video

CSAT, FCR

Ratings,
Reviews

Offers
Visitor Intent Models – Closer Look

#LPTalk

Business Goal: Conversion
Pending Invite:
Based on agent
availability

Agent Availability: 0
1

Kelly

John

Mary

San Francisco

New York

Kansas

PC

PC

Mobile

Added Items to Cart

Browsed 10 Different
Product Pages

Referral: Free Promotion

Score: 0.5 (Predict Self Serve)

Removes item from
Cart
Score: 0.8 (needs help)

Score: 0.75 (needs help shopping)

On Return Policy Page
Score: 0.2 (low value)
The Moment of Truth: Reduce Cart Abandonment and Up-sell

#LPTalk

Home Depot:
Drive cart change
to up-sell
Provide offer to engage
live when changing cart
value, abandonment and
drive upsell.

Customer Item added to cart
browsing
Agent shares
New proactive invite for a
item detailand customer
page
specifications
offering different item
help to
proceeds to view
complete the order
Triggers chat
invitation
Proceeding through
check out process
customer has error on
their credit card

Customer expresses
concern about
original items size

Clicks to “Add to Cart”
Views cart and
removes “ottoman”
item

Item fits customers
need, adds item to
their cart.

Recommended use case
Increase mobile conversions with visual engagements
Personal instant
assistance:
Ability to quickly see
customer’s physical
requirements leads to
more highly tailored
recommendations.

Relevant product
Visitor is able to request direct
recommendations drive sales
design consultation on mobile
chat
Instant image in chat allows for
more effective, on point and
personalized product consultation
Optimize Customer Acquisition & Reduce Bounce Rate

Verizon: Acquisition
and Bounce Reduction
Capture and Engage with
customers searching for
commoditized products.

#LPTalk

Visitor searches
for commoditized
Personalized offer
product engagement for
Live to differentiate
Rich multimedia to

lingering customer
drive sales closure

Analysis of many
engagements
Paid search
enables to identify
sponsored link
recurring themes

Engaging each traffic with personalized offers
clients see conversion increases of over 25%.

When stakes are high–Engage Live
Recommended use case
Increase Revenue per Visitor & Conversions from Paid Search
Cisco: Paid Search
“Customer Intent” driven
engagements lead to higher
conversion rate.

After chat, analysis of
Search shows
engagements helps
price conscious
Personalized offer
identify recurring themes
visitor
to engage
for conversions

Optimize key word ad copy by
matching text to direct
customer feedback.

Great selection including UCSB200 & 5100

Paid search
sponsored link
Analysis helps refine
ad text.

Live engagement
addressing customer
intent

Recommended use case
LivePerson Company: Who Are We
Creating Meaningful
Connections…

#LPTalk

Highlights
• 2 billion site visits per month
• 20 million live engagements per month
• Analyzes over 1.2 million documents and chat transcripts per month.

…Between Brands
and Customers...

Customers
• 8,500 customers around the globe, including:
• 8 of the Top 10 Fortune 500 companies
• 10 of the Top 15 Commercial Banks (Fortune 500)
• Top 4 of Top 5 Telecommunication Companies (Fortune 500)

..to Generate Value

• 3 of the Top 5 Internet Service Companies (Fortune 500)
Thank You

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Cracking the Cultural Competence Code.pptx
 

Convert more visitors to customers

  • 1. #LPTALK Convert More Visitors To Customers Enterprise-Class Secrets To High Impact Targeting Presented by Sponsored by
  • 2. Follow this webinar on Twitter #LPTalk Demand Gen Report: @DG_Report LivePerson: @LivePerson Alon Waks: @AlonWaks
  • 3. Panelists Moderated by: Alon Waks, Director of Product Marketing, LivePerson Alicia Fiorletta Demand Gen Report
  • 4. The Broken Landscape of Digital Engagement #LPTalk For every $92 marketers spend driving traffic to their websites, they spend only $1 to optimize them. 1 in 20 83% 93% of your online visitors have a disproportionately high impact on your business and need to be engaged need some form of support during their online journey of consumers see real-time help as being beneficial
  • 5. #LPTalk “Just Browsing” Self-Serve Purchase Visitors intend to buy but don’t Leave Complete Transaction Purchase Intend to buy but need help Abandon Cart Right Engagement When stakes are high Engage Live Complete Transaction
  • 6. Intelligently Engage #LPTalk Multiple-D Algorithm Predictive: 1D Rules Targeting: Complex, tedious, manual updates Simplified & automatic Rule 1 Rule 2 Rule 3 Rule 4 Rule 1 Rule 2 Rule 3 Rule 4 Rule 5 Rule 6 Rule 7 Rule 8 Rule 5 Rule 6 Rule 7 Rule 8 Rule 9 Rule 10 Rule 11 Rule 12 Rule 9 Rule 10 Rule 11 Rule 12 Rule 13 Rule 14 Rule 15 Rule 16 Rule 13 Rule 14 Rule 15 Rule 16 “Hot Lead” Visitor Most Likely to Convert
  • 7. How Do You Identify Your Targets? #LPTalk Business Goals • Who fits your business goals? • Who of those has intent to engage, convert? • Who doesn’t? • Cart Value > $xx • High Conversion • Low Csat Visitor Traffic • High LTV • Loyalty ? ?
  • 8. Intelligently Engage #LPTalk Business Goals Self Learning Algorithm • 3rd Party Data • Visitor Profile • Automatically identifies audience • Intent models drive visitor scoring • Self learning model leverages behavior, visitor data, external • Cart Value > $xx • High Conversion • Low Csat Visitor Traffic • High LTV • Loyalty
  • 9. Intelligently Engage Provide visitors, From all the right engagement type target the right ones that Generating rich – chat, campaign goal fit theoffer, voice, video – data, extracted from – to behavior and value… by best fit visitor behavior engagements, to enrich ..at the right location customer digital investments and time Leveraging collaboration through rich media, show video, file sharing, screen share Using the right agent/representative, fit per visitor profile, language and skills #LPTalk Business Goals • Cart Value > $Xx • High Conversion • Low Csat • High LTV • Loyalty Visitor Traffic ? Enriched Engagement Data Chat Optimize Agent Performance Voice Personalized Offers Paid, Organic Social Strategy Search Video CSAT, FCR Ratings, Reviews Offers
  • 10. Visitor Intent Models – Closer Look #LPTalk Business Goal: Conversion Pending Invite: Based on agent availability Agent Availability: 0 1 Kelly John Mary San Francisco New York Kansas PC PC Mobile Added Items to Cart Browsed 10 Different Product Pages Referral: Free Promotion Score: 0.5 (Predict Self Serve) Removes item from Cart Score: 0.8 (needs help) Score: 0.75 (needs help shopping) On Return Policy Page Score: 0.2 (low value)
  • 11. The Moment of Truth: Reduce Cart Abandonment and Up-sell #LPTalk Home Depot: Drive cart change to up-sell Provide offer to engage live when changing cart value, abandonment and drive upsell. Customer Item added to cart browsing Agent shares New proactive invite for a item detailand customer page specifications offering different item help to proceeds to view complete the order Triggers chat invitation Proceeding through check out process customer has error on their credit card Customer expresses concern about original items size Clicks to “Add to Cart” Views cart and removes “ottoman” item Item fits customers need, adds item to their cart. Recommended use case
  • 12. Increase mobile conversions with visual engagements Personal instant assistance: Ability to quickly see customer’s physical requirements leads to more highly tailored recommendations. Relevant product Visitor is able to request direct recommendations drive sales design consultation on mobile chat Instant image in chat allows for more effective, on point and personalized product consultation
  • 13. Optimize Customer Acquisition & Reduce Bounce Rate Verizon: Acquisition and Bounce Reduction Capture and Engage with customers searching for commoditized products. #LPTalk Visitor searches for commoditized Personalized offer product engagement for Live to differentiate Rich multimedia to lingering customer drive sales closure Analysis of many engagements Paid search enables to identify sponsored link recurring themes Engaging each traffic with personalized offers clients see conversion increases of over 25%. When stakes are high–Engage Live Recommended use case
  • 14. Increase Revenue per Visitor & Conversions from Paid Search Cisco: Paid Search “Customer Intent” driven engagements lead to higher conversion rate. After chat, analysis of Search shows engagements helps price conscious Personalized offer identify recurring themes visitor to engage for conversions Optimize key word ad copy by matching text to direct customer feedback. Great selection including UCSB200 & 5100 Paid search sponsored link Analysis helps refine ad text. Live engagement addressing customer intent Recommended use case
  • 15. LivePerson Company: Who Are We Creating Meaningful Connections… #LPTalk Highlights • 2 billion site visits per month • 20 million live engagements per month • Analyzes over 1.2 million documents and chat transcripts per month. …Between Brands and Customers... Customers • 8,500 customers around the globe, including: • 8 of the Top 10 Fortune 500 companies • 10 of the Top 15 Commercial Banks (Fortune 500) • Top 4 of Top 5 Telecommunication Companies (Fortune 500) ..to Generate Value • 3 of the Top 5 Internet Service Companies (Fortune 500)