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Don’t Increase Ad Spend… Optimize to Maximize! Chicago December 9, 2008 Chris Benson Vice President &   CTO Audio Editions Kayden Kelly CEO & Managing Director Blast Advanced Media
Challenge #1 Downloads
30 % OFF +   FREE Shipping Challenge #2 Fierce Competition
Consumer Confidence at 5 Year Low Budgets Being Cut Challenge #3 Recession
Benefit Cost Forever! 1 time 1 time Increase Conversion Buy More Traffic What’s the Best Plan of Action? 1 time
[object Object],Low Medium High Change CR Increase Per Year 5.00% 2.3%   $150,000 25.00% 2.7%   $775,000  50.00% 3.2%   $1,500,000   Maximize Conversion Conversion Rate  2.15%
Tools   Analytics - Website Optimizer - 4Q Survey How do you increase conversion? Benchmark, Goals, Changes, Measure, Repeat   Pyramid Credit: Future Now
1 – Benchmark & Set Goals Approach 2 – Qualitative Analysis 5 – Campaign Optimization 4 – Website Optimizer Tests 3 – Quantitative Analysis
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Step 1: Benchmark & Set Goals
Step 2: Qualitative Analysis Watch – What, Where, How Identify Obstacles
4Q Surveys
[object Object],[object Object],[object Object],[object Object],[object Object],What We Learned
[object Object],[object Object],[object Object],[object Object],[object Object],Step 3: Quantitative Analysis Identified Opportunities
Setup Goals Are people taking the desired actions? ,[object Object],[object Object]
Where are people abandoning in the process?
Complete Arkangel Shakespeare Searches 119 Sales 0 (Requires “Site Search” Tracking in Google Analytics) Are they finding it and buying? What are your users looking for?
Losing  2  of  3   users on Popular Pages Top Exits
30-90%  Bouncing  on Product Detail June 2008 Product Detail Bounce Rate Nov 2008 After Removing  Major Obstacle
30%      8% Eliminated Obstacle Eliminated Obstacle
[object Object],Merchandising Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Analyze ,[object Object],[object Object],[object Object],[object Object],Revenue Contribution
[object Object],[object Object],[object Object],Don’t Steal from Yourself
[object Object],[object Object],[object Object],Test Examples ,[object Object],[object Object],Tested Step 4: Website Optimizer Tests
Website Optimizer Setup
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],First Test: Catalog Request
A  - Original ,[object Object],[object Object],[object Object],A
[object Object],[object Object],[object Object],A  - New B
A B Pick the Winner Winner!  Increased Conversion +67%
Catalog Request Test Results Not Convinced…
A  - Original A Follow Up Test
A   Variation 1 B
A   Variation 2 ,[object Object],[object Object],B
A   Variation 3 ,[object Object],[object Object],[object Object],B
B: Variation 1 +42% ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],A / B Test Winner? A: Original
Email Opt-in & How Heard -11% Email Newsletter Opt-in  -25% Not Just Layout…
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Next Test: Category Page
A
Conversion Enhancement – Option 2 B
Pick the Winner A B Winner!  Increased Conversion +10%
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],High Impact Test Elements
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Top 5 GWO Tips (for Immediate Feedback)
Shifted Focus  “ audio books”      “books on cd/tape” 0% - 1.7% 2.3% - 3.1% Step 5: Optimize Marketing Campaigns
[object Object],[object Object],[object Object],[object Object],Improved Quality Score  2, 3, 4’s    7, 8, 9’s Decreased  Spend  9% Increased conversion rate  61% Increased AOV  33% Increased  Revenues  85% Optimized PPC
[object Object],[object Object],[object Object],vs. International  1/3 Traffic USA  2/3 Traffic Segmentation 96% 4% Revenues
Identified Issues Research  (Recommendations Spreadsheet) Implemented Fixes  (Proper Heading Tags, Meta Descriptions, Page Titles, etc) Site Optimization for Free Search Rankings
Consumer Traffic   +20,000/month Cheaper Traffic! versus SEO   CPC  $0.02 240,000 visits/yr ($7k) PPC   CPC  $0.56 107,000 visits/yr ($60k)
33% Consumer Purchases +64%   (595   978) Conversion Rate  +19% Goal:  Increase Consumer Sales Result: Sales up Quality Traffic?
(Subsidiary of Blast Advanced Media) ,[object Object],[object Object],[object Object],[object Object],Marketing Focused ,[object Object],[object Object],[object Object],[object Object],[object Object],Google Integration Next Steps: New Ecommerce Platform
Twitter @blastam Website Optimization Blog www.blastam.com/broadcast  Email [email_address] [email_address] Don’t Increase Ad Spend… Optimize to Maximize!

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Using Google Website Optimizer and Analytics to Maximize your Ecommerce Sales (Case Study)

  • 1. Don’t Increase Ad Spend… Optimize to Maximize! Chicago December 9, 2008 Chris Benson Vice President & CTO Audio Editions Kayden Kelly CEO & Managing Director Blast Advanced Media
  • 3. 30 % OFF + FREE Shipping Challenge #2 Fierce Competition
  • 4. Consumer Confidence at 5 Year Low Budgets Being Cut Challenge #3 Recession
  • 5. Benefit Cost Forever! 1 time 1 time Increase Conversion Buy More Traffic What’s the Best Plan of Action? 1 time
  • 6.
  • 7. Tools Analytics - Website Optimizer - 4Q Survey How do you increase conversion? Benchmark, Goals, Changes, Measure, Repeat Pyramid Credit: Future Now
  • 8. 1 – Benchmark & Set Goals Approach 2 – Qualitative Analysis 5 – Campaign Optimization 4 – Website Optimizer Tests 3 – Quantitative Analysis
  • 9.
  • 10. Step 2: Qualitative Analysis Watch – What, Where, How Identify Obstacles
  • 12.
  • 13.
  • 14.
  • 15. Where are people abandoning in the process?
  • 16. Complete Arkangel Shakespeare Searches 119 Sales 0 (Requires “Site Search” Tracking in Google Analytics) Are they finding it and buying? What are your users looking for?
  • 17. Losing 2 of 3 users on Popular Pages Top Exits
  • 18. 30-90% Bouncing on Product Detail June 2008 Product Detail Bounce Rate Nov 2008 After Removing Major Obstacle
  • 19. 30%  8% Eliminated Obstacle Eliminated Obstacle
  • 20.
  • 21.
  • 22.
  • 24.
  • 25.
  • 26.
  • 27. A B Pick the Winner Winner! Increased Conversion +67%
  • 28. Catalog Request Test Results Not Convinced…
  • 29. A - Original A Follow Up Test
  • 30. A Variation 1 B
  • 31.
  • 32.
  • 33.
  • 34. Email Opt-in & How Heard -11% Email Newsletter Opt-in -25% Not Just Layout…
  • 35.
  • 36. A
  • 38. Pick the Winner A B Winner! Increased Conversion +10%
  • 39.
  • 40.
  • 41. Shifted Focus “ audio books”  “books on cd/tape” 0% - 1.7% 2.3% - 3.1% Step 5: Optimize Marketing Campaigns
  • 42.
  • 43.
  • 44. Identified Issues Research (Recommendations Spreadsheet) Implemented Fixes (Proper Heading Tags, Meta Descriptions, Page Titles, etc) Site Optimization for Free Search Rankings
  • 45. Consumer Traffic +20,000/month Cheaper Traffic! versus SEO CPC $0.02 240,000 visits/yr ($7k) PPC CPC $0.56 107,000 visits/yr ($60k)
  • 46. 33% Consumer Purchases +64% (595  978) Conversion Rate +19% Goal: Increase Consumer Sales Result: Sales up Quality Traffic?
  • 47.
  • 48. Twitter @blastam Website Optimization Blog www.blastam.com/broadcast Email [email_address] [email_address] Don’t Increase Ad Spend… Optimize to Maximize!

Editor's Notes

  1. Squeeze More Sales Out of Your Existing Online Campaigns I Given the economic downturn, learn how companies are using the latest tools, like Google Website Optimizer and others, to maximize online sales without increasing their ad spend. Three internet retailing companies will discuss how they are increasing the ROI of their ad campaigns in these tight budgetary times.