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Craftsvilla.com
Basic Digital Marketing Concepts
Webinar – June 05, 2013
Craftsvilla.com – Building & Enabling Ecommerce
Largest Marketplace for Unique Indian Products
22
Why Do Marketing?
• Growth Acceleration
– To Acquire New Customers
• Remarketing
– To Bring Back Old Customers
• Brand Building
– To Create Aspiration/Glamour/Association with Your Brand
– To Create Awareness of Your Brand
• Growth Acceleration
– To Acquire New Customers
• Remarketing
– To Bring Back Old Customers
• Brand Building
– To Create Aspiration/Glamour/Association with Your Brand
– To Create Awareness of Your Brand
What is Digital Marketing?
• Online Purchase Drivers Are Different
– Convenience
– Variety
– Uniqueness (Not Available in Neighborhood)
• Most Online Purchases are Impulsive and Not Need Based
• Digital Marketing Helps to Reach
– Customers who are browsing/searching/reading emails
– Direct them to your webstore with a message
– Culminate the interaction in a “Sale”
• Online Purchase Drivers Are Different
– Convenience
– Variety
– Uniqueness (Not Available in Neighborhood)
• Most Online Purchases are Impulsive and Not Need Based
• Digital Marketing Helps to Reach
– Customers who are browsing/searching/reading emails
– Direct them to your webstore with a message
– Culminate the interaction in a “Sale”
Basic Online Traffic Sources
• Organic (Unpaid)
– Referral
• Blogs, Community Sites
– Search (Contextual)
• Google, Yahoo
– Social Media (Viral)
• Facebook, Twitter, Pinterest, Tumblr
• Inorganic (Paid)
– Google Search Ads
– Display/Video Ads
– Facebook Ads
• Organic (Unpaid)
– Referral
• Blogs, Community Sites
– Search (Contextual)
• Google, Yahoo
– Social Media (Viral)
• Facebook, Twitter, Pinterest, Tumblr
• Inorganic (Paid)
– Google Search Ads
– Display/Video Ads
– Facebook Ads
Basic Digital Marketing Terminology
• CPC
– Cost Per Click (Rs 1 – Rs. 50)
• CPM
– Cost Per 1000 impressions (Rs. 50-Rs. 500)
• CTR
– Click Through Rate (0.01-0.1%)
• Auction/Bid
– Bid Based Methodology to Get Access to Publishers for Ads
– Bid is Maximum Price You Are Willing to Pay for Ad CPC or CPM
• Conversion (0.5% to 5%)
– How Many Visitors Are Converting to Sales
• CPC
– Cost Per Click (Rs 1 – Rs. 50)
• CPM
– Cost Per 1000 impressions (Rs. 50-Rs. 500)
• CTR
– Click Through Rate (0.01-0.1%)
• Auction/Bid
– Bid Based Methodology to Get Access to Publishers for Ads
– Bid is Maximum Price You Are Willing to Pay for Ad CPC or CPM
• Conversion (0.5% to 5%)
– How Many Visitors Are Converting to Sales
Customer Profile of Craftsvilla.com
• 90% Customers are Women
• 70% Customers are from South India
– Bangalore/Mumbai/Chennai Rule
• 25+ Years
• 75% Customers from India and 25% Outside of India
• Highest Selling Category is Jewellery
• Craftsvilla.com Has The Largest Collection of Indian Jewellery
in the World
• 90% Customers are Women
• 70% Customers are from South India
– Bangalore/Mumbai/Chennai Rule
• 25+ Years
• 75% Customers from India and 25% Outside of India
• Highest Selling Category is Jewellery
• Craftsvilla.com Has The Largest Collection of Indian Jewellery
in the World
Your Shop on Craftsvilla.com
• Has An Individual Identity
– www.craftsvilla.com/yourshopurl
• Create Banner to Communicate Your Brand/Offers
• Pageviews Tells You How Many People Came to Your Shop
• Craftsvilla.com Uses Following Media to Bring Traffic to Your
Shop
– Facebook Posts
– Facebook Paid Ads
– Paid Google Display Ads
– Blogs/PR
– Emailer
• Has An Individual Identity
– www.craftsvilla.com/yourshopurl
• Create Banner to Communicate Your Brand/Offers
• Pageviews Tells You How Many People Came to Your Shop
• Craftsvilla.com Uses Following Media to Bring Traffic to Your
Shop
– Facebook Posts
– Facebook Paid Ads
– Paid Google Display Ads
– Blogs/PR
– Emailer
What Can You Do To Promote Your Shop?
• Make Sure You Put Your Shop Link
– In Your Email Signature
– In Your Individual/Corporate Website
– In Your Facebook Page/Blogs
– In Your Brochures
• (3Ps) Price, Pictures and Product Content Play a Big Role in
Digital Marketing
• Learn Digital Marketing Tools Like Facebook Ads/Google
Search Ads/SEO
• Use Paid Marketing on Craftsvilla.com
• Make Sure You Put Your Shop Link
– In Your Email Signature
– In Your Individual/Corporate Website
– In Your Facebook Page/Blogs
– In Your Brochures
• (3Ps) Price, Pictures and Product Content Play a Big Role in
Digital Marketing
• Learn Digital Marketing Tools Like Facebook Ads/Google
Search Ads/SEO
• Use Paid Marketing on Craftsvilla.com
How To Do Effective SEO For Your Shop?
• SEO – Search Engine Optimization
– Free Traffic and Highly Contextual, Higher Conversion on Sale
• Effective SEO
– Target Keywords (Polki Earrings, Kundan Jewellery)
– Create Effective Titles (Mention Material, Type, Color, Size etc)
– Your Product Name is the Product Page Title on Craftsvilla.com
– Avoid Duplicate Titles
– Avoid Duplicate Description
– Keep You Shop Fresh (Upload New Products Frequently)
• SEO – Search Engine Optimization
– Free Traffic and Highly Contextual, Higher Conversion on Sale
• Effective SEO
– Target Keywords (Polki Earrings, Kundan Jewellery)
– Create Effective Titles (Mention Material, Type, Color, Size etc)
– Your Product Name is the Product Page Title on Craftsvilla.com
– Avoid Duplicate Titles
– Avoid Duplicate Description
– Keep You Shop Fresh (Upload New Products Frequently)
How To Price Your Products?
• Price Based on a Target Net Margin
– 25% Net Margin is Usually a Good Margin
– If you do Rs. 1 Lakh Sale In a Month, You Should Make Atleast Rs.
25k After All Expenses
– Make Sure You Account for Courier/Labour/Packaging Costs
– Make Sure You Account for Craftsvilla.com Commission
– Make Sure You Account for Any Paid Marketing Costs
• Overly Priced Products Are Tougher to Sell
• Giving Too Much Discount Can Create Negative Perception
• Price Based on a Target Net Margin
– 25% Net Margin is Usually a Good Margin
– If you do Rs. 1 Lakh Sale In a Month, You Should Make Atleast Rs.
25k After All Expenses
– Make Sure You Account for Courier/Labour/Packaging Costs
– Make Sure You Account for Craftsvilla.com Commission
– Make Sure You Account for Any Paid Marketing Costs
• Overly Priced Products Are Tougher to Sell
• Giving Too Much Discount Can Create Negative Perception
Learn Digital Marketing Tools
• Become Digital Marketing Guru Yourself
– Do Not Use Any Intermediate Agency (Transparency Issues)
– Manage Your Digital Marketing Tools Yourself
– Learn to Create Your Facebook Page
– Learn to Setup Your Google Adwords Campaigns
– Learn to Setup Your Pinterest Page
– Learn to Analyze Spend Effectiveness Using Google Analytics
– Learn Simple but Effective SEO Tricks
• Become Digital Marketing Guru Yourself
– Do Not Use Any Intermediate Agency (Transparency Issues)
– Manage Your Digital Marketing Tools Yourself
– Learn to Create Your Facebook Page
– Learn to Setup Your Google Adwords Campaigns
– Learn to Setup Your Pinterest Page
– Learn to Analyze Spend Effectiveness Using Google Analytics
– Learn Simple but Effective SEO Tricks
Effective Digital Marketing Strategies
• Reduce Your Cost and Increase Your Conversion
– Higher CTR results in Lower CPC
– Use Attractive Pictures for Higher CTR and Low CPC
• CTR Can Change by 5-10x Just Because of Picture Change
– Use Effective Ad Title for Higher CTR and Low CPC
• CTR Can Change 2-5x Just Because of Title Change
– Use Geographic & Demographic Targeting for Higher Conversion
– Use Targeted Landing Pages to Get Higher Conversion on Traffic
– Create Multiple Ads With Different Pictures & Titles
• Choose Best Ads Based on CPC and Conversion
• Reduce Your Cost and Increase Your Conversion
– Higher CTR results in Lower CPC
– Use Attractive Pictures for Higher CTR and Low CPC
• CTR Can Change by 5-10x Just Because of Picture Change
– Use Effective Ad Title for Higher CTR and Low CPC
• CTR Can Change 2-5x Just Because of Title Change
– Use Geographic & Demographic Targeting for Higher Conversion
– Use Targeted Landing Pages to Get Higher Conversion on Traffic
– Create Multiple Ads With Different Pictures & Titles
• Choose Best Ads Based on CPC and Conversion
Summary
• Digital Marketing is Simple and Can be Managed Yourself
• Learn to Drive More Organic Traffic through Social Media
Sites
• (3Ps) Price, Pictures and Product Content Play a Big Role in
Digital Marketing
• Analyze Carefully CPC, CTR and Conversion on Your Ads
• Spread Your Shop URL Through Multiple Channels
• Learn Tools & Become a Digital Marketing Guru Yourself
• Digital Marketing is Simple and Can be Managed Yourself
• Learn to Drive More Organic Traffic through Social Media
Sites
• (3Ps) Price, Pictures and Product Content Play a Big Role in
Digital Marketing
• Analyze Carefully CPC, CTR and Conversion on Your Ads
• Spread Your Shop URL Through Multiple Channels
• Learn Tools & Become a Digital Marketing Guru Yourself

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Craftsvilla.com Digital Marketing Webinar

  • 1. Craftsvilla.com Basic Digital Marketing Concepts Webinar – June 05, 2013
  • 2. Craftsvilla.com – Building & Enabling Ecommerce Largest Marketplace for Unique Indian Products 22
  • 3. Why Do Marketing? • Growth Acceleration – To Acquire New Customers • Remarketing – To Bring Back Old Customers • Brand Building – To Create Aspiration/Glamour/Association with Your Brand – To Create Awareness of Your Brand • Growth Acceleration – To Acquire New Customers • Remarketing – To Bring Back Old Customers • Brand Building – To Create Aspiration/Glamour/Association with Your Brand – To Create Awareness of Your Brand
  • 4. What is Digital Marketing? • Online Purchase Drivers Are Different – Convenience – Variety – Uniqueness (Not Available in Neighborhood) • Most Online Purchases are Impulsive and Not Need Based • Digital Marketing Helps to Reach – Customers who are browsing/searching/reading emails – Direct them to your webstore with a message – Culminate the interaction in a “Sale” • Online Purchase Drivers Are Different – Convenience – Variety – Uniqueness (Not Available in Neighborhood) • Most Online Purchases are Impulsive and Not Need Based • Digital Marketing Helps to Reach – Customers who are browsing/searching/reading emails – Direct them to your webstore with a message – Culminate the interaction in a “Sale”
  • 5. Basic Online Traffic Sources • Organic (Unpaid) – Referral • Blogs, Community Sites – Search (Contextual) • Google, Yahoo – Social Media (Viral) • Facebook, Twitter, Pinterest, Tumblr • Inorganic (Paid) – Google Search Ads – Display/Video Ads – Facebook Ads • Organic (Unpaid) – Referral • Blogs, Community Sites – Search (Contextual) • Google, Yahoo – Social Media (Viral) • Facebook, Twitter, Pinterest, Tumblr • Inorganic (Paid) – Google Search Ads – Display/Video Ads – Facebook Ads
  • 6. Basic Digital Marketing Terminology • CPC – Cost Per Click (Rs 1 – Rs. 50) • CPM – Cost Per 1000 impressions (Rs. 50-Rs. 500) • CTR – Click Through Rate (0.01-0.1%) • Auction/Bid – Bid Based Methodology to Get Access to Publishers for Ads – Bid is Maximum Price You Are Willing to Pay for Ad CPC or CPM • Conversion (0.5% to 5%) – How Many Visitors Are Converting to Sales • CPC – Cost Per Click (Rs 1 – Rs. 50) • CPM – Cost Per 1000 impressions (Rs. 50-Rs. 500) • CTR – Click Through Rate (0.01-0.1%) • Auction/Bid – Bid Based Methodology to Get Access to Publishers for Ads – Bid is Maximum Price You Are Willing to Pay for Ad CPC or CPM • Conversion (0.5% to 5%) – How Many Visitors Are Converting to Sales
  • 7. Customer Profile of Craftsvilla.com • 90% Customers are Women • 70% Customers are from South India – Bangalore/Mumbai/Chennai Rule • 25+ Years • 75% Customers from India and 25% Outside of India • Highest Selling Category is Jewellery • Craftsvilla.com Has The Largest Collection of Indian Jewellery in the World • 90% Customers are Women • 70% Customers are from South India – Bangalore/Mumbai/Chennai Rule • 25+ Years • 75% Customers from India and 25% Outside of India • Highest Selling Category is Jewellery • Craftsvilla.com Has The Largest Collection of Indian Jewellery in the World
  • 8. Your Shop on Craftsvilla.com • Has An Individual Identity – www.craftsvilla.com/yourshopurl • Create Banner to Communicate Your Brand/Offers • Pageviews Tells You How Many People Came to Your Shop • Craftsvilla.com Uses Following Media to Bring Traffic to Your Shop – Facebook Posts – Facebook Paid Ads – Paid Google Display Ads – Blogs/PR – Emailer • Has An Individual Identity – www.craftsvilla.com/yourshopurl • Create Banner to Communicate Your Brand/Offers • Pageviews Tells You How Many People Came to Your Shop • Craftsvilla.com Uses Following Media to Bring Traffic to Your Shop – Facebook Posts – Facebook Paid Ads – Paid Google Display Ads – Blogs/PR – Emailer
  • 9. What Can You Do To Promote Your Shop? • Make Sure You Put Your Shop Link – In Your Email Signature – In Your Individual/Corporate Website – In Your Facebook Page/Blogs – In Your Brochures • (3Ps) Price, Pictures and Product Content Play a Big Role in Digital Marketing • Learn Digital Marketing Tools Like Facebook Ads/Google Search Ads/SEO • Use Paid Marketing on Craftsvilla.com • Make Sure You Put Your Shop Link – In Your Email Signature – In Your Individual/Corporate Website – In Your Facebook Page/Blogs – In Your Brochures • (3Ps) Price, Pictures and Product Content Play a Big Role in Digital Marketing • Learn Digital Marketing Tools Like Facebook Ads/Google Search Ads/SEO • Use Paid Marketing on Craftsvilla.com
  • 10. How To Do Effective SEO For Your Shop? • SEO – Search Engine Optimization – Free Traffic and Highly Contextual, Higher Conversion on Sale • Effective SEO – Target Keywords (Polki Earrings, Kundan Jewellery) – Create Effective Titles (Mention Material, Type, Color, Size etc) – Your Product Name is the Product Page Title on Craftsvilla.com – Avoid Duplicate Titles – Avoid Duplicate Description – Keep You Shop Fresh (Upload New Products Frequently) • SEO – Search Engine Optimization – Free Traffic and Highly Contextual, Higher Conversion on Sale • Effective SEO – Target Keywords (Polki Earrings, Kundan Jewellery) – Create Effective Titles (Mention Material, Type, Color, Size etc) – Your Product Name is the Product Page Title on Craftsvilla.com – Avoid Duplicate Titles – Avoid Duplicate Description – Keep You Shop Fresh (Upload New Products Frequently)
  • 11. How To Price Your Products? • Price Based on a Target Net Margin – 25% Net Margin is Usually a Good Margin – If you do Rs. 1 Lakh Sale In a Month, You Should Make Atleast Rs. 25k After All Expenses – Make Sure You Account for Courier/Labour/Packaging Costs – Make Sure You Account for Craftsvilla.com Commission – Make Sure You Account for Any Paid Marketing Costs • Overly Priced Products Are Tougher to Sell • Giving Too Much Discount Can Create Negative Perception • Price Based on a Target Net Margin – 25% Net Margin is Usually a Good Margin – If you do Rs. 1 Lakh Sale In a Month, You Should Make Atleast Rs. 25k After All Expenses – Make Sure You Account for Courier/Labour/Packaging Costs – Make Sure You Account for Craftsvilla.com Commission – Make Sure You Account for Any Paid Marketing Costs • Overly Priced Products Are Tougher to Sell • Giving Too Much Discount Can Create Negative Perception
  • 12. Learn Digital Marketing Tools • Become Digital Marketing Guru Yourself – Do Not Use Any Intermediate Agency (Transparency Issues) – Manage Your Digital Marketing Tools Yourself – Learn to Create Your Facebook Page – Learn to Setup Your Google Adwords Campaigns – Learn to Setup Your Pinterest Page – Learn to Analyze Spend Effectiveness Using Google Analytics – Learn Simple but Effective SEO Tricks • Become Digital Marketing Guru Yourself – Do Not Use Any Intermediate Agency (Transparency Issues) – Manage Your Digital Marketing Tools Yourself – Learn to Create Your Facebook Page – Learn to Setup Your Google Adwords Campaigns – Learn to Setup Your Pinterest Page – Learn to Analyze Spend Effectiveness Using Google Analytics – Learn Simple but Effective SEO Tricks
  • 13. Effective Digital Marketing Strategies • Reduce Your Cost and Increase Your Conversion – Higher CTR results in Lower CPC – Use Attractive Pictures for Higher CTR and Low CPC • CTR Can Change by 5-10x Just Because of Picture Change – Use Effective Ad Title for Higher CTR and Low CPC • CTR Can Change 2-5x Just Because of Title Change – Use Geographic & Demographic Targeting for Higher Conversion – Use Targeted Landing Pages to Get Higher Conversion on Traffic – Create Multiple Ads With Different Pictures & Titles • Choose Best Ads Based on CPC and Conversion • Reduce Your Cost and Increase Your Conversion – Higher CTR results in Lower CPC – Use Attractive Pictures for Higher CTR and Low CPC • CTR Can Change by 5-10x Just Because of Picture Change – Use Effective Ad Title for Higher CTR and Low CPC • CTR Can Change 2-5x Just Because of Title Change – Use Geographic & Demographic Targeting for Higher Conversion – Use Targeted Landing Pages to Get Higher Conversion on Traffic – Create Multiple Ads With Different Pictures & Titles • Choose Best Ads Based on CPC and Conversion
  • 14. Summary • Digital Marketing is Simple and Can be Managed Yourself • Learn to Drive More Organic Traffic through Social Media Sites • (3Ps) Price, Pictures and Product Content Play a Big Role in Digital Marketing • Analyze Carefully CPC, CTR and Conversion on Your Ads • Spread Your Shop URL Through Multiple Channels • Learn Tools & Become a Digital Marketing Guru Yourself • Digital Marketing is Simple and Can be Managed Yourself • Learn to Drive More Organic Traffic through Social Media Sites • (3Ps) Price, Pictures and Product Content Play a Big Role in Digital Marketing • Analyze Carefully CPC, CTR and Conversion on Your Ads • Spread Your Shop URL Through Multiple Channels • Learn Tools & Become a Digital Marketing Guru Yourself