I was reading an article recently and it came to me that It just so happens that there are some correlations and some disconnects between eating organic food and having a good diet of organic business strategies to improve your health.
The Correlation
You want to eat healthy, and you know that means choosing a variety of fruits, vegetables, whole grains, and lean protein but as I wandered down the aisles of my local market this week checking out the fresh produce, meats, and dairy products, I realized that there's another choice to make: Should I buy organic?
Advocates of organic food say it is safer, possibly more nutritious, and often better tasting than non-organic food (Some might take exception to that) but they also say organic production is better for the environment and kinder to animals.
But more and more shoppers seem convinced of this and even though organic food typically costs more (sometimes a lot more) sales are steadily increasing and many experts say there's not enough evidence to prove any real advantage to eating organic foods.
and The Disconnect
Even though many of us choose to pay more for organic products and well as many marketing strategies that may or may not provide real benefits the benefits of having a healthy diet of Organic marketing strategies are real. Organic marketing strategies are more economical simply because they provide longer term benefits that Paid advertising do not - but just like starting and benefiting from a healthy diet it takes time to start realizing the full benefits.
Organic strategies attract a more serious and focused customer who is looking to fulfill a particular need and not just a curiosity.
Organic strategies can provide benefits for months or even years where paid search or advertizing only benefits you as long as you are paying. Paid advertising without an organic strategy can become an addiction that forces you to keep paying for your dependence and increases with your craving for more and more to satisfy your goals.
Organic Reach
Organic reach is defined as the total number of unique people who were shown your content through unpaid channels where paid reach is the total number of unique people who were shown your post as a result of ads.
Organic content is part of a natural ecosystem where there is no need for constant monetary intervention, a website and its web pages are found, engaged and socialized with, and a business’s marketing objectives met.
Like natural ecosystems that are used by people and companies for gain, they need to be maintained and nurtured as these ecosystems evolve and change but mostly their life and success is ongoing, long-term and self-sustaining.
Organic Search
Organic Search (SEO) is a longer term investment for your company but pays big dividends. Search engine results pages (SERPs) can be divided into two parts, organic search results and paid search results. High rankings on organic search engine result pages is critical and is the primary goal of search engine optimization.
Organic search results comprise the majority of clicks from search engines, with many sources claiming as much as 80% of all search engine traffic.
70 percent of links that search users click on are organic results.
70 percent to 80 percent of search users ignore paid search ads.
75 percent of search users are not clicking past the first page of search results.
Organic search traffic produces 25 percent higher conversion rates than traffic driven by equivalent paid search traffic.
Insights from BrightEdge’s Data Cube reveal that the clear champion of website traffic is organic search.
Overwhelmingly, organic search trumps other traffic generators, driving 51% of all visitors for both B2B and B2C businesses.
Another advantage of organic search marketing is that organic listings have a much higher level of trust than do paid listings. Most people that do organic searches know that search engines have a say in what shows up in their searches, and that paid listings are more about who is paying the most to have their listings shown.
Top organic positions drive 50% more traffic than top paid positions and it also used to be that search rankings were solely keyword dependent and ranking for these keywords aside from being very expensive was about the only way to get sufficient reach. But today’s algorithms also provide ways that rank for quality content and phrases that increases your chances of being found and ranking higher in search.
If you want to improve your SEO, you must have a strong content and organic marketing strategies (explained below). Strong SEO means developing a content strategy with a commitment to producing engaging, useful content for readers on a consistent basis. If you tell your story through compelling content, over time you’ll see your website’s SEO rise in searches and search rankings. Bottom line an Organic Strategy will build a long lasting web presence for your business.
In a recent interview with Rand Fisher, founder of Moz he said “One of the key misunderstandings is the power search engines have to drive traffic. There’s a perception in the marketing world that Google is last year’s news. Social is hot and content is hot and native advertising is hot … and SEO isn’t all that exciting. It may be true that SEO has been around a long time, but it is still the most powerful earned, nonpaid source of traffic on the web. Google is sending out 10 times more traffic every day than Facebook does. There are six billion searches per day, each of those resulting in 1.5 to 2.5 visits on average. Those searchers are seeking something very different from social media audiences or email audiences in that they are looking for exactly the thing they’ve told the search engine. And if the searcher arrives on your website, the power to solve that person’s problem, convert, and expose the searcher to your work is exceptional. That’s the big one. “
Organic Social
Here is a recent article by Katherine Halek entitlted Why You Shouldn’t Pay for Social Media who explains that “If you pay to advertise on social media, you may not be using your resources as efficiently as you could. There are more ways to get your name and product out there than by purchasing ads, which aren’t always worth the money they require. Opponents of this view insist that all businesses should implement paid marketing, as organic strategies look like they’re on the way out. In reality, though, there are still ways to conduct a successful grassroots promotion campaign without paying a penny to the host site — and these methods are generally way more fun.â€
Organically Grown Employee And Customer referral Programs
Invest in an onsite(your real estate) branded (social) community for employee and customer referral programs and testimonials that deliver customers right to your door (website).
According to research by Implisit lead to deal conversions rates are lead by a wide margin by referrals converting the highest at 3.6% followed by leads from company websites and social channels at around 1.55% and found that lead lists, company events and email campaigns are the worst performing channels.
In this article by Roger Katz posted at ClickZ Forrester’s recent lineup of 2015 predictions for the technology landscape stated that as social media "grows up," so-called "branded communities" will be making a comeback.
What’s a branded community in this context? A managed community of brand followers and customers, usually on, or adjacent to, a brand website, glued together by familiar social digital behaviors and a commonality of brand interest.
Why is this happening now and what does it mean for social marketers?
As radical innovation on the leading social platforms slows down, and marketers become increasingly limited in their organic reach on social networks, brands are needing to move laterally to accommodate their customer-centered engagement needs in ways that social networks alone cannot accommodate.
Does that mean that brands will not be investing in their social network presence? Absolutely not. Facebook and LinkedIn remain highly worthwhile "pay-to-play" networks for excellent targeted and personalized reach. But they are no longer reliable as the sole networks for organic conversations, or as a complete solution for supporting customer questions.
Testimonials
Testimonials are a key tool to add credibility to your business. Search Engine Watchreports that 85 percent of consumers read reviews for local businesses. Dimensional Research reports that 90 percent of consumers say that positive online reviews had a direct impact on their buying decision.
Customer testimonials have the highest effectiveness rating for content marketing at 89%. 20 Marketing Trends and Predictions to Consider for 2014 (Social Times)
55% of young shoppers said that a recommendation from a friend is one of the strongest influencers in getting them to try a new brand. 47% consider brand reputation to be almost as important.
60% of Millennials said that social advertising has the most influence over them in how they perceive a brand and a brand’s value and Hispanics represent the youngest segment of the population here in the US. The Millennial tech-savvy and fast-paced crowd has now surpassed Baby Boomers spending $600 billion a year compared to Baby Boomer’s $400 Billion
One of the most frequent practices is to highlight a specific customer review, or expert mention for your business.
In fact, word-of-mouth is the primary factor behind 20 to 50 percent of all purchases, while 63 percent of online customers say they are more likely to buy on sites with positive reviews.
What better place to all this have these emanating from to broadcast across your social channels and the internet than your website. You can also highlight customer reviews for your business and use them as testimonials on your website and landing pages.
The varied diet of Organic strategies I have mentioned here are great ways to improve the health of your business tremendously and build a healthy long lasting web presence. Let me know your thoughts and if I can help you improve your health.
According to a recent Forrester study, digital coupons are keeping up with the times, and are very relevant as omnichannel retail becomes the norm. The report says that, among 500 consumers who have used a digital coupon within the past three months, 59% stated that digital coupons and coupons codes are most likely to influence their purchase decision compared with other types of digital promotions. In addition, a strong majority of consumers will redeem a digital coupon code within three days of receiving it, and nearly one-third will redeem it immediately.
Times Using A Digital Coupon, Offer, Or Online Promotion Code In The Past Three Months |
|
Times Using ≤ 3 Mos. |
% of Respondents |
1 to 5 |
70% |
6 to 10 |
16 |
11 to 20 |
9 |
21 to 49 |
4 |
50 or more |
2% |
Source: Forrester Consulting/RetailMeNot, August 2014Â |
Given these salient data points, says the report, it is clear that retailers need to master the digital coupon process and identify the right partners. According to Forrester, the study yielded five key findings:Â
Over a three-month period, 68% of consumers today have made between one and 10 purchases online. Of those, 86% have used a digital coupon. Consumers continue to make purchases in the typical areas that one would expect. Restaurants, bath and beauty, and home and garden tend to be the most top-tier categories where consumers have made their purchases online or in-store. The next group of retailers, where purchases tend to be made more online than in-store, includes consumer electronics, books, movies, and music, as well as gifts and flowers.
Purchases Made Online In The Past Three Months |
|
Purchases |
% of Respondents |
1 to 5 |
38% |
6 to 10 |
30% |
11 to 20 |
20% |
21 to 49 |
9% |
50 or more |
2% |
Source: Forrester Consulting/RetailMeNot, August 2014Â |
An overwhelming 59% of consumers stated that of the different types of promotions a retailer can employ, digital coupons still hold the most sway when it comes to influencing a consumer’s purchasing decision (see Figure 2). This continues to reinforce a key finding from Forrester’s 2011 Thought Leadership Paper.
Types Of Digital (Online Or Mobile) Promotions Most Likely To Influence Purchase Decisions |
|
Promotion Influence |
% of Respondents |
Coupons or coupon codes |
59% |
Sales |
28% |
Daily deal vouchers |
9% |
Source: Forrester Consulting/RetailMeNot, August 2014Â |
Coupons continue to positively affect brand and loyalty. What also continues to be true from 2011 is that 68% of customers strongly believe that digital coupons have a positive impact on a retailer’s brand, and 68% of consumers also stated that coupons generate loyalty. Similarly, a digital coupon increases the potential for conversion when consumers are in the cart and checkout phase of a purchase and plays a key role in combating shopping cart abandonment. 63% percent of consumers surveyed said a promotion or a coupon often closes the deal if wavering or undecided on making a purchase.
Extent Of Agreement With The Included Statements(5=Strongly Agree; 1=Strongly Disagree |
||||||
 |
Strongly agree |
Strongly disagree |
 Don’t know |
|||
 |
5 |
4 |
3 |
2 |
1 |
|
MORE likely to buy a product or service at full price later from a company that offers online coupons or promotion codes |
22% |
28% |
29% |
10% |
7% |
5% |
MORE likely to be loyal to a brand that offers online coupons or promotion codes |
29% |
39% |
23% |
3% |
3% |
3% |
LIKELY to tell a friend about a company that uses online coupons or promotion codes |
34% |
34% |
22% |
4% |
4% |
2% |
Source: Forrester Consulting/RetailMeNot, August 2014Â |
In addition to being loyal, customers are also very open to trying a new brand when receiving a coupon on a smartphone. In fact, 47% of those surveyed stated they are open to doing so. These points all add up to good news for retailers and continue to reinforce that this marketing tactic can make all the difference when it comes to generating new customers, encouraging existing customers to spend more, and driving customers to a retailer’s brick-and-mortar locations.
Likelihood Of Action Upon Receiving A Digital Coupon, Offer, Or Online Promotional Code On Smartphone While Shopping In A Store |
|
Likelihood ToTry a new brand |
% of Respondents |
  Not at all likely |
14% |
  Probably not likely |
11% |
  Maybe |
28% |
  Somewhat likely |
27% |
  Very likely |
20% |
Likelihood To Switch brands |
 |
  Not at all likely |
14% |
  Probably not likely |
14% |
   Maybe |
37% |
  Somewhat likely |
23% |
  Very likely |
13% |
Source: Forrester Consulting/RetailMeNot, August 2014Â |
Digital coupons are still primarily delivered the good old fashioned way through email, and consumers are increasingly using tablets and phones to both find and redeem them. Sixty-five percent of those surveyed for this study stated that they used at least three digital coupons on their tablet, slightly outpacing the use of the desktop computer (see Figure 5).
However, retailers can’t ignore the momentum of mobile adoption. The report predicts that US mobile phone and tablet commerce will top $114 billion by the end of 2014. While smartphone revenue in 2014 should total $38 billion, tablets are expected to top that, with a total of $77 billion.
30% of those redeeming a coupon on a tablet redeem it immediately, says the report, and 60% of consumers receiving a coupon via a smartphone redeem it immediately or within several hours. Receiving a deal or savings via digital coupon can be the tipping point for a consumer to “press buy†online or to walk into a store and make the purchase in real time.
For more information from RetailMeNot, please visit here.
Â
Reposted From MediaPost
Photo courtesy mindgruve.com
By Jamie Smith
Interested in some real-life evidence of how A/B testing can generate significant lift in profit?
A/B testing is not something you do once and then forget about; it's an ongoing process to extract the maximum conversion rate for your website. It's a process that includes testing every last detail to find the optimal layout, text, and images for your site. Sometimes, even the smallest changes can yield significant results.
Let's take a look at five A/B tests with significant results.
You can write copy at length about how your product or service will benefit your customers and do wonders for them, but third-party credibility is much more influential.
With that in mind, how would customers respond to impartial reviews from actual customers? Could the positive experience of previous customers help eliminate any apprehensions from the prospect about buying the product?
These were the questions asked by ecommerce store Express Watches. In their A/B test, they added a small widget below the Add to Basket button, where genuine customer reviews were displayed.
IMG testimonials visual website optimizer.png
The results were game-changing for the business. The positive customer reviews reduced buyer objections and boosted their sales by an impressive 58 percent.
The best thing about customer testimonials is they are incredibly easy to implement – just add them to your site or install something like the Trust Pilot widget.
Takeaway:Â Always use positive customer testimonials as social proof since third-party reviews carry much more weight than what you write about yourself.
Not all A/B tests require you to tweak your website's design; one of the simplest things you can test is your pricing strategy.
It doesn't take a rocket scientist to determine that when you reduce your prices, you will generally make more sales, and vice versa. However, less certain is the impact the change in price will have on your bottom line – will your monthly revenue be better or worse for the pricing change?
That's where the economic concept related to elasticity of demand comes in.
To explain this further, let's take a look at a pricing A/B test Six Pack Ab Exercises ran.
Uncertain as to whether they were leaving money on the table, owner Carl Juneau tried increasing the price of his product from $19.95 to $29.95.
Although the number of conversions fell by 9 percent, this was more than offset by the additional 50 percent revenue he was receiving per conversion. In time, this simple price change would allow him to bank 36.48 percent more revenue.
Now, increasing your price won't positively affect your bottom line in every case – in some cases alower price will yield a higher profit – but it does highlight the importance of finding your profit maximizing price.
Takeaway:Â Pricing strategy is part of A/B testing. Test higher and lower prices to see what brings in the most revenue and profit.
With all the scam reports out there, online shoppers are understandably cautious about handing over their credit card details willy-nilly. You need to find a way to put their minds at ease. After all, would you buy something from a website you don't trust?
Credibility and trust is something that you develop over time, just like in a dating relationship. But, there are ways to increase the trust level of your website, even if you're new to the Internet.
Bag Servant identified lack of trust as a primary reason for low conversion rates and small order values on their site, and set about implementing an A/B test to improve performance.
Initially, Bag Servant was dependent on social proof, and prominently displayed a badge highlighting their 4,000+ strong Twitter following in an attempt to establish trust.
This wasn't working.
For their A/B test, they replaced the Twitter followers badge with a WOW award badge they had received.
Because this badge was a relatively well-respected symbol in the industry, this improved the site's credibility and helped removed buyer's doubt.
The result? Conversion skyrocketed more than 72 percent.
Takeaway:Â Always look for ways to increase credibility on your site. This can be with awards, social followers, testimonials, or SSL trust symbols like Verisign, Hacker Safe, or McAfee.
You might think you understand what your audience wants, but just how well do you really know them?
Product quality, guarantees, offers, price, and shipping fees matter to all consumers. The bigger question is what matters most to your customers.
Smiley Cookie, a niche e-store, sells fresh, customized cookies as gifts for special occasions.
On their website, they wanted to add a new value proposition to help boost sales. They ran an A/B test to help them choose from the following:
Smiley Cookie had expected that customers would be most responsive to the value propositions on price (discounts) and quality (handmade cookies).
But guess what? There was a surprise winner: next-day shipping.
How did that happen?
Because most customers tend to purchase cookies as a gift (and gifts are almost always last-minute things), making sure it arrives on time is imperative. Throw in the fact that cookies are perishable and need to arrive fresh, and perhaps the results aren't so surprising after all.
That's not to say that next-day delivery is the most important factor to your audience. It does show, however, that understanding what your audience really wants is vital for getting results with your A/B tests.
Takeaway:Â You need to find out what matters most to your customers and highlight that aspect of your product on the landing page or in the offer.
Although a bit of logical thinking can often predict the outcome of an A/B test, ignorant Internet surfers love nothing more than throwing up anomalies that defy the conventional wisdom.
Here are four testing tips used to generate more revenue.
Remember, just because something works on one site – or even the vast majority of sites – doesn't necessarily mean it will work with you.
Let's look at an example to highlight this point: the Vendio signup form.
Now, any guide to CRO will tell you that an embedded signup form on the homepage will boost conversions; after all, if it takes fewer clicks for a user to register, they ought to be more likely to do so.
Sensibly, this was the approach Vendio took when first designing their layout.
Just to ensure they were taking the right approach, though, Vendio A/B tested their embedded form against an unconventional alternative: users would have to click an extra button to reach the signup form.
Surprisingly, this worked! With one extra step added to their conversion funnel, signups per visitor increased by 60 percent.
Takeaway:Â Don't blindly accept best practices. Find out what works best for you with independent testing.
Conversion rate optimization isn't an easy technique to master, particularly when there is such a wide range of variables and factors that go into testing.
And just because you've managed to increase your conversion rate doesn't mean you get to rest, especially if there are any major aspects of your site that haven't been tested. If you only focus on one page, you will be leaving money on the table.
Most importantly, the cost-per-click (CPC) to bring a visitor to your website is increasing and if you don't improve your conversion rate, your cost to acquire a customer (CPA) will continue to rise. Therefore, never stop testing, because even the smallest lift can yield big-time changes to your bottom line.
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