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© 2015 Tealium Inc. All rights reserved. | 2
© 2015 Tealium Inc. All rights reserved. | 3
FROM AWARENESS TO
LOYALTY:
HOW TO OPTIMIZE THE ONLINE
PURCHASE FUNNEL
© 2015 Tealium Inc. All rights reserved. | 4
StraighterLine solves the #1 issue facing students today – the skyrocketing
cost of college – with low-cost, high-quality online general education courses
that prepare students for success. StraighterLine combines a $99 a month
course subscription with guaranteed credit pathways to accredited degree
programs to save up to 60% on the total cost of a degree.
Marie Ketner –
Senior Product Manager
UX, CRO
Kristine Zimmerman –
Director, Lead Conversion
& Customer Marketing
© 2015 Tealium Inc. All rights reserved. | 5
© 2015 Tealium Inc. All rights reserved. | 6
STRAIGHTERLINE’S
DIGITAL STRATEGY
© 2015 Tealium Inc. All rights reserved. | 7
TEALIUM AT STRAIGHTERLINE
StraighterLine Systems
Marketing Channels
/ Tools
Datamart Google Analytics
Email
Conversion
Tools
Display
Paid
Search
OrganicAffiliate
Website Demo Site
Course
Experience
CRM
Digital Analytics
© 2015 Tealium Inc. All rights reserved. | 8
AGENDA
 The SL purchase funnel
 Campaign review
 Future plans
 Key takeaways
© 2015 Tealium Inc. All rights reserved. | 9
New Visitor
Info Request, Call,
Chat, 3+ visits in 1 week
Free Trial, Degree Plan,
Cart Abandoner
Purchase Membership
Complete a Course
Purchase 3+ Courses
THE
PURCHASE
FUNNEL
How StraighterLine views the
customer lifecycle
AWARENESS
INTEREST
ADOPTION
COMPLETION
LOYALTY
© 2015 Tealium Inc. All rights reserved. | 10
AWARENESS TO INTEREST
How do we increase form submissions and repeat visits?
© 2015 Tealium Inc. All rights reserved. | 11
FREE TRIAL OVERLAY
OVERVIEW
 StraighterLine offers a free trial that
allows prospective students to try out
the first two lessons of our most popular
courses for free
 The goal of this campaign is to increase
the conversion rate of free trial page
visits to free trial signups through an exit
intent strategy
© 2015 Tealium Inc. All rights reserved. | 12
FREE TRIAL OVERLAY
//app.yieldify.com/yieldify/code.js?yieldify_id=1754
&freetrial_visitor=true&customer=false&loca=http://www.straighterline
.com/landing/take-free-trial-course-cnt
© 2015 Tealium Inc. All rights reserved. | 13
FREE TRIAL OVERLAY
RESULT
KEY METRICS:
Increased the number of free trial sign-ups
Click Rate: 11.8%
Increase in Free Trials: 7.3%
7%
Increase
in Free
Trials
© 2015 Tealium Inc. All rights reserved. | 14
INTEREST TO ADOPTION
How do we better convert leads to enrollments?
© 2015 Tealium Inc. All rights reserved. | 15
PARTNER REMARKETING E-MAIL
OVERVIEW:
 StraighterLine partners with 90+
accredited colleges and does co-op
marketing with select partners
 The goal of this campaign is to provide
more information and highlight the
benefits of our partner college
relationships through e-mail marketing
 A single e-mail is sent the day after the
desired action is taken
© 2015 Tealium Inc. All rights reserved. | 16
PARTNER REMARKETING E-MAIL
© 2015 Tealium Inc. All rights reserved. | 17
PARTNER REMARKETING E-MAIL
RESULT
KEY METRICS:
Promoted partner relationships while driving
incremental enrollments
Open Rate: 48.9%
Click Rate: 14.6%
Click to Conversion Rate: 2.9%
49% Open
Rate
© 2015 Tealium Inc. All rights reserved. | 18
FREE TRIAL OVERLAY
OVERVIEW:
 After a visitor starts a free trial they are
encouraged to purchase the course they
signed up for
 The goal of this campaign is to increase
the number of enrollments generated
from those who started a free trial
through an exit intent strategy
© 2015 Tealium Inc. All rights reserved. | 19
FREE TRIAL OVERLAY
//app.yieldify.com/yieldify/code.js?yieldify_id=1754
&freetrial=true&freetrial_visitor=true&customer=false&loca=http://ww
w.straighterline.com/landing/take-free-trial-course-cnt
© 2015 Tealium Inc. All rights reserved. | 20
FREE TRIAL OVERLAY
RESULT
KEY METRICS:
Generated incremental enrollments from
visitors who signed up for a free trial
Click Rate: 30.4%
Click to Conversion Rate: 17.7%
18%
Conversion
Rate
© 2015 Tealium Inc. All rights reserved. | 21
ADOPTION TO COMPLETION
How do we get more students to complete a course?
© 2015 Tealium Inc. All rights reserved. | 22
FORGOT THE TEXTBOOK E-MAIL
OVERVIEW:
 We have found that students who
purchase a textbook with their course
have a higher completion rate than
those who don’t
 The goal of this campaign is to increase
completion rate and drive incremental
revenue
 E-mail is sent the day after an order is
placed that contains a course but does
not contain a textbook
© 2015 Tealium Inc. All rights reserved. | 23
FORGOT THE TEXTBOOK E-MAIL
© 2015 Tealium Inc. All rights reserved. | 24
FORGOT THE TEXTBOOK EMAIL
RESULT
KEY METRICS:
Increased textbook sales and drove
incremental revenue
Open Rate: 37.6%
Click Rate: 1.2%
38% Open
Rate
© 2015 Tealium Inc. All rights reserved. | 25
COMPLETION
TO LOYALTY
How do we get more students to purchase multiple courses?
© 2015 Tealium Inc. All rights reserved. | 26
WINBACK CAMPAIGN
OVERVIEW:
 Students have the option to cancel their
membership at any time
 The goal of this campaign is to win back
students who cancel through e-mail
marketing
 E-mails are targeted based on the
cancellation reason the student provides
 Encouraging students to restart their
membership drives higher LTR and
additional revenue
© 2015 Tealium Inc. All rights reserved. | 27
WINBACK CAMPAIGN
© 2015 Tealium Inc. All rights reserved. | 28
WINBACK CAMPAIGN
RESULT
KEY METRICS:
Drove lapsed students to log back into their
course
Open Rate: 33.2%
Click Rate: 2.2%
Click to Conversion Rate: 6.7%
7% Click to
Conversion
Rate
© 2015 Tealium Inc. All rights reserved. | 29
FUTURE PLANS
© 2015 Tealium Inc. All rights reserved. | 30
FUTURE PLANS
 Dynamic retargeting campaigns through integration of AS with a DSP
 Visitor segmentation with other 3rd partner vendors (i.e., CrazyEgg,
LivePerson, Google Analytics)
 Additional integration of AS in key reports
 Additional campaigns for purchase funnel optimization
© 2015 Tealium Inc. All rights reserved. | 31
CO-BRANDING MYLINE
© 2015 Tealium Inc. All rights reserved. | 32
KEY TAKEAWAYS
© 2015 Tealium Inc. All rights reserved. | 33
KEY TAKEAWAYS
 Serves as much more than a remarketing tool
 Recommend a strong tech resource to assist in campaign
implementation and testing
 Marketer-friendly tool after a bit of a learning curve
 Integration with other vendors is easy and robust
 Tealium and AudienceStream have quickly become part of our workflow
 Tremendous amount of possibilities!

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Optimizing Online Purchase Funnel with Digital Marketing Campaigns

  • 1. © 2015 Tealium Inc. All rights reserved. | 2
  • 2. © 2015 Tealium Inc. All rights reserved. | 3 FROM AWARENESS TO LOYALTY: HOW TO OPTIMIZE THE ONLINE PURCHASE FUNNEL
  • 3. © 2015 Tealium Inc. All rights reserved. | 4 StraighterLine solves the #1 issue facing students today – the skyrocketing cost of college – with low-cost, high-quality online general education courses that prepare students for success. StraighterLine combines a $99 a month course subscription with guaranteed credit pathways to accredited degree programs to save up to 60% on the total cost of a degree. Marie Ketner – Senior Product Manager UX, CRO Kristine Zimmerman – Director, Lead Conversion & Customer Marketing
  • 4. © 2015 Tealium Inc. All rights reserved. | 5
  • 5. © 2015 Tealium Inc. All rights reserved. | 6 STRAIGHTERLINE’S DIGITAL STRATEGY
  • 6. © 2015 Tealium Inc. All rights reserved. | 7 TEALIUM AT STRAIGHTERLINE StraighterLine Systems Marketing Channels / Tools Datamart Google Analytics Email Conversion Tools Display Paid Search OrganicAffiliate Website Demo Site Course Experience CRM Digital Analytics
  • 7. © 2015 Tealium Inc. All rights reserved. | 8 AGENDA  The SL purchase funnel  Campaign review  Future plans  Key takeaways
  • 8. © 2015 Tealium Inc. All rights reserved. | 9 New Visitor Info Request, Call, Chat, 3+ visits in 1 week Free Trial, Degree Plan, Cart Abandoner Purchase Membership Complete a Course Purchase 3+ Courses THE PURCHASE FUNNEL How StraighterLine views the customer lifecycle AWARENESS INTEREST ADOPTION COMPLETION LOYALTY
  • 9. © 2015 Tealium Inc. All rights reserved. | 10 AWARENESS TO INTEREST How do we increase form submissions and repeat visits?
  • 10. © 2015 Tealium Inc. All rights reserved. | 11 FREE TRIAL OVERLAY OVERVIEW  StraighterLine offers a free trial that allows prospective students to try out the first two lessons of our most popular courses for free  The goal of this campaign is to increase the conversion rate of free trial page visits to free trial signups through an exit intent strategy
  • 11. © 2015 Tealium Inc. All rights reserved. | 12 FREE TRIAL OVERLAY //app.yieldify.com/yieldify/code.js?yieldify_id=1754 &freetrial_visitor=true&customer=false&loca=http://www.straighterline .com/landing/take-free-trial-course-cnt
  • 12. © 2015 Tealium Inc. All rights reserved. | 13 FREE TRIAL OVERLAY RESULT KEY METRICS: Increased the number of free trial sign-ups Click Rate: 11.8% Increase in Free Trials: 7.3% 7% Increase in Free Trials
  • 13. © 2015 Tealium Inc. All rights reserved. | 14 INTEREST TO ADOPTION How do we better convert leads to enrollments?
  • 14. © 2015 Tealium Inc. All rights reserved. | 15 PARTNER REMARKETING E-MAIL OVERVIEW:  StraighterLine partners with 90+ accredited colleges and does co-op marketing with select partners  The goal of this campaign is to provide more information and highlight the benefits of our partner college relationships through e-mail marketing  A single e-mail is sent the day after the desired action is taken
  • 15. © 2015 Tealium Inc. All rights reserved. | 16 PARTNER REMARKETING E-MAIL
  • 16. © 2015 Tealium Inc. All rights reserved. | 17 PARTNER REMARKETING E-MAIL RESULT KEY METRICS: Promoted partner relationships while driving incremental enrollments Open Rate: 48.9% Click Rate: 14.6% Click to Conversion Rate: 2.9% 49% Open Rate
  • 17. © 2015 Tealium Inc. All rights reserved. | 18 FREE TRIAL OVERLAY OVERVIEW:  After a visitor starts a free trial they are encouraged to purchase the course they signed up for  The goal of this campaign is to increase the number of enrollments generated from those who started a free trial through an exit intent strategy
  • 18. © 2015 Tealium Inc. All rights reserved. | 19 FREE TRIAL OVERLAY //app.yieldify.com/yieldify/code.js?yieldify_id=1754 &freetrial=true&freetrial_visitor=true&customer=false&loca=http://ww w.straighterline.com/landing/take-free-trial-course-cnt
  • 19. © 2015 Tealium Inc. All rights reserved. | 20 FREE TRIAL OVERLAY RESULT KEY METRICS: Generated incremental enrollments from visitors who signed up for a free trial Click Rate: 30.4% Click to Conversion Rate: 17.7% 18% Conversion Rate
  • 20. © 2015 Tealium Inc. All rights reserved. | 21 ADOPTION TO COMPLETION How do we get more students to complete a course?
  • 21. © 2015 Tealium Inc. All rights reserved. | 22 FORGOT THE TEXTBOOK E-MAIL OVERVIEW:  We have found that students who purchase a textbook with their course have a higher completion rate than those who don’t  The goal of this campaign is to increase completion rate and drive incremental revenue  E-mail is sent the day after an order is placed that contains a course but does not contain a textbook
  • 22. © 2015 Tealium Inc. All rights reserved. | 23 FORGOT THE TEXTBOOK E-MAIL
  • 23. © 2015 Tealium Inc. All rights reserved. | 24 FORGOT THE TEXTBOOK EMAIL RESULT KEY METRICS: Increased textbook sales and drove incremental revenue Open Rate: 37.6% Click Rate: 1.2% 38% Open Rate
  • 24. © 2015 Tealium Inc. All rights reserved. | 25 COMPLETION TO LOYALTY How do we get more students to purchase multiple courses?
  • 25. © 2015 Tealium Inc. All rights reserved. | 26 WINBACK CAMPAIGN OVERVIEW:  Students have the option to cancel their membership at any time  The goal of this campaign is to win back students who cancel through e-mail marketing  E-mails are targeted based on the cancellation reason the student provides  Encouraging students to restart their membership drives higher LTR and additional revenue
  • 26. © 2015 Tealium Inc. All rights reserved. | 27 WINBACK CAMPAIGN
  • 27. © 2015 Tealium Inc. All rights reserved. | 28 WINBACK CAMPAIGN RESULT KEY METRICS: Drove lapsed students to log back into their course Open Rate: 33.2% Click Rate: 2.2% Click to Conversion Rate: 6.7% 7% Click to Conversion Rate
  • 28. © 2015 Tealium Inc. All rights reserved. | 29 FUTURE PLANS
  • 29. © 2015 Tealium Inc. All rights reserved. | 30 FUTURE PLANS  Dynamic retargeting campaigns through integration of AS with a DSP  Visitor segmentation with other 3rd partner vendors (i.e., CrazyEgg, LivePerson, Google Analytics)  Additional integration of AS in key reports  Additional campaigns for purchase funnel optimization
  • 30. © 2015 Tealium Inc. All rights reserved. | 31 CO-BRANDING MYLINE
  • 31. © 2015 Tealium Inc. All rights reserved. | 32 KEY TAKEAWAYS
  • 32. © 2015 Tealium Inc. All rights reserved. | 33 KEY TAKEAWAYS  Serves as much more than a remarketing tool  Recommend a strong tech resource to assist in campaign implementation and testing  Marketer-friendly tool after a bit of a learning curve  Integration with other vendors is easy and robust  Tealium and AudienceStream have quickly become part of our workflow  Tremendous amount of possibilities!

Editor's Notes

  1. Marie SL started in 2011 by Burck Smith 4000 active students (total _x_ over time) 90+ Partner Schools Courses start at just $49 You can purchase a full year of college for just $1299! - -
  2. Marie
  3. Marie Need talking points… Marie to add points.
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  10. Kris Incremental improvement over existing initiative. First time we’ve included this level of targeting for an overlay.
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  14. Kris Average open rate is 8% Average conversion rate is _.05_% New initiative – AS allowed us to identify and target this audience
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  17. Kris Incremental improvement over existing initiative. First time we’ve included this level of targeting for an overlay.
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  21. Kris New initiative – AS allows us to capture products purchased in real time, send this data to Responsys, and target accordingly.
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  25. Kris Incremental improvements over existing initiatives – SA’s had been manually emailing students who cancel. AS allows us to capture the cancellation and the reason real-time and target off this information
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