Autospeak-Straight Talk contains articles covering digital and social media marketing social communities and events marketing

5 Things you need to know about the cost of not doing Website Maitntenance

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(Posted on Jan 20, 2014 at 09:45AM )

Regular website maintenance is non-negotiable and should be an ongoing affair. Over and above adding new pages, your website maintenance should also link to the performance of your website; it’s imperative that you continuously maintain your site to ensure it’s performing at its optimum.

The infographic below was created by Smartbear, a company that specialises in software testing. The infographic shows how small things like enhancing the page load speed can improve the revenue you can generate from your website.

1. Site loading speed is paramount
Do you know how long your site takes to load? You may have initially factored in loading times when your website was first designed, but through your regular website maintenance you could have changed something that adversely affects your loading speed, a huge factor in loss of visitors.

Factors that influence the speed of your site include: your server, content on your site and widgets used on your site that are hosted by a third party. A massive 57% of people will leave a site within the first three seconds if the site is perceived to be too slow. Shockingly, most major retail sites take ten or more seconds to load – a whole seven seconds too long.

2. One second is a long time

Let’s look at what a mere one second added to your loading time will do:

  • 11% fewer page views
  • 16% decrease in customer satisfaction
  • 7% loss in conversion

    In monetary terms, if you use Amazon as an example, a one second decrease would result in the loss of $1.6 billion annually. If you want to make sure you aren’t losing revenue due to slow page loading time, regular website maintenance based on page speed optimisation cannot be ignored.

    3. More money is moving online
    The research company Forrester recently predicted that by 2016, 9% off all global retail sales will be conducted online. Retailers spend a huge amount of money optimising the flow of their stores in malls, increasingly though if you want to secure business through your online engagement with customers, regular website maintenance is the first step in making their user experience as enjoyable as possible.

    4. Don’t ignore your conversion forms
    Most people are familiar with the generic HTML contact form employed on numerous websites. These forms fulfil the important task of letting your audience make contact, enquire about your product or services or request a quote. While these forms are useful, they’re often also a source of irritation and therefore loss of revenue. These are the most common things that’ll put people off using your HTML contact form.

    Too many fields: Make filling in the form as quick and easy as possible by minimising the number of required fields.

    Form validation is too strict: Don’t make people jump through hoops in order to make contact. Again, simplicity and ease of use is key.

    The much hated re-typing of some obscure word or phrase: Find another way to ward off spam – this is probably one of the most annoying things encountered on the web today.

    Making someone re-type information: Don’t put people off by making this a laborious task. If they’ve already entered certain information such as their address or shirt size, have a system in place that’ll automatically repeat it when necessary.

    Regularly analysing and maintaining all of the forms on your site will keep your user’s experience pleasant. This goes a long way towards converting them into clients. Remember that these forms are the lifeline of your online business. The cost of not maintaining your online forms is potentially massive – even more so than your loading speed.

    Website maintenance impacts your communication
    A large portion of your communication will entail the building of landing pages for specific campaigns, competitions or a destination they’re directed to upon replying to one of your emails. If you don’t have a marketing automation system or an easy-to-use content management system (CMS) to do this for you, you’ll have to go through the costly exercise of hiring a designer and programmer every single time you need a new page.

    An automated marketing system will not only allow you to easily to maintain your website but should also do things such as automatically personalising each email you send, or personalising a website based on an individual’s preference
    By Gareth Slaven

20 Believable Marketing Statistics for 2014?

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(Posted on Jan 17, 2014 at 11:49AM )
We all love statistics. And after the one that I saw and commented on last week in my article “Taking Digital Marketing offline” where just over 5% of all sales are made online. it is easy to believe to these strong forecasts for the future.

All aboard or not?

William Cosgrove


2014 Marketing Statistics Infographic

The 2014 Marketing Ecosystem

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(Posted on Jan 13, 2014 at 12:02PM )
For maybe the first time in history, there is a surplus of technology and strategy to help advance both sales and marketing of a business, while at the same time a lack of resources and understanding to utilize it to its fullest capacity.

That’s not to say that marketers are less educated or qualified, it’s just that they have become over specialized and often don’t pull back to see the larger picture. This gap between tools available and execution presents an opportunity for those that understand the entire ecosystem.

Marketing technologists (those that understand how it all fits together) will become invaluable as businesses adopt customer relationship management solutions, email service providers, content management systems, and big data. Closing the loop on marketing ROI becomes both easier and more complicated at the same time.

Take this common example, a company exec or CMO attends an industry event and buys in to the latest marketing craze. They hear buzzwords like mobile marketing, SEO, retargeting, inbound marketing, or social media engagement. They come back, tell their senior leaders and their team; everyone gets on board. They say, “Okay, go!”

The CMO’s team will likely look back and say, “So, how are we going to do this?”

Start off with just one of the many components of a successful marketing campaign. How do we send a simple email? Do they use ExactTarget, MailChimp, Contactology, Responsys, Vertical Response, Constant Contact or a dozen others. Say they choose one (or likely had one already), where does the data come from? If it’s any type of intelligent or dynamic campaign, a CRM such as SalesForce, Oracle, Zoho, Sugar, or a dozen others are needed. How easy is it to sync them “out of the box” and pass data back and forth? How does the CRM connect to the company’s sales data? Is it possible to flag the contacts and showcase which ones are more engaged?

Say, that’s vetted and connected. They now have contacts in the Email Tool and want to do triggered emails based on their web behavior, i.e. shopping cart abandonment. How does the Analytics provide that information? Can you get it from Google Analytics or Web Trends? Probably not. Or do you need a more advanced tool like Core Metrics or MyBuys that serves up emails based on web behavior? Now they’re getting closer but is there a better way? How much is that going to cost? What about the user’s over digital footprint and does it go back into the CRM to tell the sales staff?

These types of requirements are now getting into the Marketing Automation world and are likely beyond the scope of the initial project to just send emails. Do they go with a top-of-the-line tool like Eloqua, or Marketo? Who’s going to set that up and what are the requirements? Scratch that, what the heck is marketing automation and what can it do? Maybe a simpler mid-size tool like Hubspot of Act-on is a better fit, but does it meet all the requirements? What are the requiremens? What if they have distributed sending model such as on behalf of resellers or a B2B2B model? Do the tools handle multiple lists of multiple companies and different permissions for all? Who’s going to architect that out? They finally choose one of these and initial email tool now becomes obsolete and gets scrapped. Then they have to re-figure out how this connects to the CRM, which requires an entire new tag that goes on the website to get visitor data.

Now that the infrastructure is almost built, it’s time to consider content. How does the content get created and what specific offer or message will resonate with the audience? How is the audience defined? From the CRM would be best but it’s likely that data needs to be cleaned and segmented. Once you have your audience, it’s time to publish the content across all channels. It should probably go up on their website. This means they need a content management system such as WordPress, SharePoint, Joomla, or Drupal. What are the call-to-actions? How do those actions get back into the CRM and Marketing Automation system? Which one do they post into? How do they trigger a welcome email? And how do they optimize the landing page for better conversions? Does the CRM or Marketing Automation tool host landing pages? Didn’t think of that. Or do they use a tool like Unbounce or WuFoo? Does it post to into the CRM “out of the box?”

Once the infrastructure is in place, the content needs to be optimized to the search engine. Does the site architecture support the content generation plan so that they’ll get traffic over time? How are they tracking your ranking? Do they use a tool like RavenTools, SEOMOz, or AuthorityRank? Does the Marketing Automation tool provide any insight?

Then it’s necessary to consider mobile. If they chose a CMS or ESP, does it support responsive themes? Should they create a mobile site and now they are managing two different sites? Do they use a tool like BMobilize or DudaMobile? How are the emails optimized to mobile? Did they know every email client renders it differently and is about 10 years behind the HTML standards of web browsers? How do they test it, something like Litmus to see how it renders? Do they want to measure the deliverability, how about a tool like ReturnPath?

The point is, there are a large number of options and many moving pieces that need to work together seamlessly in order build and launch an effective targeted digital marketing campaign. Because of this, there is an opportunity for those that understand the whole picture. Marketing technologies will become invaluable as companies move into digital relationships with their prospects and customers.

They’ll be able to come in, ask many questions, identify the company goals and then say something like, “You need the infrastructure SalesForce CRM, HubSpot Marketing Automation, WordPress CMS, Google Analytics, and Unbounce. You can obtain contacts from Data.com. You can generate content with WriterAccess. You can launch campaigns with AdRoll, Google AdWords, Authority Rank, OutBrain.”

More importantly, the marketing technologist could facilitate the setup, configuration, and execution on this type of solution.

By Cody Ward

Consumers Dazed and Confused by Native Ads

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(Posted on Jan 11, 2014 at 09:48AM )

As a marketer, you carefully craft pieces of content for the web. You research your target audience, include what’s trending, topical keywords and a distribution plan across your social networks and web properties. You’ve even found the optimal time of day to post for each.

But when you click “Publish”…nothing happens.

Native Advertising
Native advertising, otherwise known as paid media in the format of news content nestled among other similar stories, has risen as one of the more effective ways to reach consumers in 2014. Though not new, certain questions arise: are consumers really clicking on native advertising vs. traditional advertisements or organic posts on the web? Do they actually trust these ads and are they worth your money? The answer may surprise you.

According to a study done by David Franklyn, law professor at the University of San Francisco, when it comes to what people recognize about labels, people often just skip over them. Respondents to his study “didn’t remember seeing ‘sponsored by’ posts when asked to read a web page and the majority (over 50 percent) also didn’t know what the word ‘sponsored’ actually meant.”

These results augment more preliminary findings from the study which stated that sometimes people don’t understand what the word ”ad” means, and even with disclosure, as much as 35 percent of people when asked to identify the type of content they were viewing, said that it was not an ad.

What this study sheds light on is that we do not have a homogenous group of consumers in terms of knowledge and expectations. People struggle with differentiating paid from unpaid ads. The bottom line? Context matters more than labels.

Furthermore, in terms of wanting to know whether a piece of content was paid media or not, out of the 10,000 surveyed, only 40 percent of consumers wanted more clear and conspicuous differentiation between paid and unpaid content. Sixty percent stated that they don’t care. Said Franklyn, “a growing number of consumers don’t care, and enjoy it. They enjoy the hyper-stimulation that marketers do the work to do – they just want to sift through and enjoy it like People Magazine.”

Native Advertising

Other than consumers just plain not caring, why do native ads work so well? According to Jamie Cole, creative director at Red Barn Media Group, in research covering audience reception to native advertising, the material that appeared the least commercial was rated as most credible by readers, and attitude toward the brand and purchase intent increased towards content that mirrored and appeared as news content.

But don’t confuse the word “mirror” with “trick.” According to Dan Greenberg, the CEO of Sharethrough, ”it’s not about tricking people, it’s about delivering content that has value. We believe in the power of meaningful content.” (Besides, tricking people couldland you in hot water.)

Preliminary data from a study his company conducted showed that the language used to disclose native ads has an impact on whether or not a consumer perceives a story as being paid for by a brand. “Disclosure language impacts perception. The words ‘sponsored’ vs. ‘featured’ vs. ‘promoted’ vs. ‘advertisement’ vs. ‘placed by’ vs. ‘in partnership’ vs. ‘suggested’ vs. ‘around the web’ all have different perceptions. Context has a major impact on perception.”

Do you trust native advertising or other paid media content? Why or why not?

BY 
STACEY MILLER

 

Want to build trust and brand with native ads? Register for our free on-demand webinar with Steve Rubel now!

Information adapted from the FTC’s Workshop on Native Advertising.

Image: Pardot (Creative Commons)

QR Codes Kill Kittens

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(Posted on Jan 9, 2014 at 11:19AM )
Day 2 of New Media Expo 2014 from the Rio got underway with morning keynote speaker Scott Stratten, president of UnMarketing, discussing the topic of QR codes and marketing strategies in general during his presentation “QR Codes Kill Kittens: How to Alienate Customers, Dishearten Employees and Drive Your Business into the Ground.”

Certainly the title of the presentation, which doubles as the title for Stratten’s new book, catches your attention right away, just like the man himself. Stratten, who claims to know absolutely nothing about SEO, invented the ‘No’ Button website, where visitors click an animated button to hear a bellowed “Nooooooo!” for eight seconds. That’s the entire site. Sound a little strange? Try it, I bet you’ll return to the site soon enough. Overall, it’s received 20 million views, and as Stratten notes, he ranks first on Google for every version of “no” except for the two-letter version itself!

The Life and Death of QR Codes
But seriously, why do QR codes kill kittens? Because every time a QR code is used improperly or excessively, a kitten dies, Stratten says. He’s joking (right?), but his point is a good one. They can be effective, but they’re being forced on a consumer base that’s not willing or ready for them just yet. At least not that ready.

“I’ve seen QR codes on airline magazines, for instance,” Stratten says. “Problem is, the only time people read airline magazines is during takeoff and landing, because they’re not allowed to use their phones!”

Perhaps Stratten’s most telling example is a poster of missing pets, which has a QR code directing users to a reporting website. The idea itself makes sense, but when you begin to break it down, you start to see a number of holes in the strategy.

For instance, Stratten notes a total of 3.6 percent of smartphone users are capable and willing to scan a QR code on their smartphone. The willing part is important, because if a user tries once and it doesn’t work effectively, they’re far les likely to try again. As Stratten explains, there has to be a better way for individuals to contact an owner if they find a missing pet. That better way? How about, I don’t know, a phone number? While less than 4 percent of people will be scanning the QR code, 99 percent of cell phone users have the capability of calling a telephone number. It’s easier, and more effective. Don’t just use QR codes for the heck of it, especially when there’s a much simpler way to accomplish your objective, Stratten explains.

More than QR Codes
For Stratten though, the overall point isn’t just about QR codes. It’s about doing too much, and not focusing on what matters. As I noted in my presentation yesterday, you shouldn’t just “use Facebook for the sake of using Facebook.” You need to focus on the important things, particularly the content you’re producing. You can Tweet, Facebook and Instagram the heck out of something, but if the content itself isn’t quality, it’s really not going to have much reach.

“You want word of mouth? Do things worth talking about,” Stratten says. “You can’t manufacture viral, you can’t make people talk.”

The pressure on marketers is to hop on the next big thing, just so you don’t miss out. But that can be a dangerous game. As QR codes show, there’s probably some value in each of these mediums, but they need to be used correctly – and not overused – so that this value isn’t obscured. Ultimately, it’s not even about the tool itself, it’s what you do with it.

“You get ROI from listening and being awesome, and sometimes that can happen on Twitter, Stratten argues. “You can all have Twitter accounts, but you gotta use them right.”

At the end of the day, there’s so much being thrown at marketers, it can be tough to sift through the mess to come up with an effective strategy for your brand. But what Stratten wants to convey – in between showing us hilarious tweets from Taco Bell and police departments – is that regardless of the branding avenue you choose, make sure the message is a good one. That’s what’s really going to attract the Likes, ReTweets and +1s.

Blue

By and large, marketers have mastered acquiring high-quality leads, but they strike out when it comes to nurturing them.

Despite having the ability to contact 92 percent of leads, Forbes’ research shows that brands touch base with only a quarter of them.

Lead Nurturing Stats for Marketers

When they do reach out, often it’s too slowly. Forbes reports that 71 percent of generated leads spoil because companies don’t react soon enough.

Fight the urge to point a finger at the sales department. Pinterest’s Head of Partner Marketing Steve Patrizi says a majority of the sales funnel belongs to marketers.

From top of the funnel to the bottom, here are a handful of lead nurturing stats and what they mean to marketers:

1. Automation drives leads

Need more leads? Businesses that use marketing automation to nurture prospects see a 451 percent increase in the number of qualified leads.

What it means: Automation is a must. Not only does automation deliver the right content at the right time, it’s a foolproof way to ensure that every prospect gets nurtured.

Want to get more leads? Download Vocus’ free Do Marketing Automation Better guide now!

2. Leads not prepared to buy

In 2010, Gleanster reported that between 30 and 50 percent of the leads that enter a pipeline are better for future opportunities than current ones.

Relating to that, MarketingSherpa reports that 61 percent of B2B marketers send all leads directly to sales.

What it means: In general, sales departments perform best in the short game. The stats above indicate that marketers don’t deliver the leads sales are best at closing. Lend them a helping hand.

Score your leads and send the closest to conversion to sales. For the rest, nurture them to the point where they need a salesperson. Establishing your business as a trusted resource and maintaining an open dialogue is the best way to do this.

3. Sales cycles lengthening

For 43 percent of B2Bs, the time it takes to go from attraction to conversion has increased. (A SiriusDecisions study reportedly shows that the sales cycle has increased 22 percent.)

What it means: Shrinking budgets and more decision-makers from more departments are at least partially responsible for the numbers above.

Though the former may be something for the sales team to tackle, overcoming the latter requires understanding the needs of each person in the decision-making process and providing content that answers those needs.

Customers rarely move along a path to purchase that marketers dictate. Tracking customers and finding where they abandon that path shows which content works, which falls short and how to adjust accordingly.

4. Different content for different stages

Roughly three of every four of your customers want different pieces of content as they move through the sales cycle.

What it means: Meet the demand by diversifying your content. Identify the types of information your customers need at each point in the marketing funnel. Then determine the best platform for addressing your customers’ needs, whether it’s a blog post, webinar, white paper, newsletter or video.

Bonus stat: Email is a go-to tool for providing information. Targeted emails drive 18 times more revenue than non-targeted ones. 

Lead Nurturing Stats - Content

Customizing content to a prospect’s position in the sales cycle helps nurture them. (Via Salesforce)

5. Jumpstart stalled prospects

Often, it’s easier for prospects to do nothing instead of making a purchase. In fact, nearly three in five sales opportunities end with buyers doing nothing.

What it means: Customers may not realize they have an issue or how serious it really is. Identify your prospects pain points, show how your product provides great ROI and differentiate yourself from the competition.

Conclusion

The happy ending? Despite requiring more time and effort, nurtured leads deliver big rewards.

Companies that nurture leads well generate 50 percent more sales at a 33 percent lower cost.

BY BRIAN CONLIN

Image: DellCloudApplications (Creative Commons)

Brands are expected to spend more on paid ads in the coming years, as eMarketer predicted digital media investments will climb from $36.8 billion annually to $62.83 billion by 2017. The “Digital Ad Spending by Industry 2013: Forecasts and Key Trends” report explained this total is split across mobile and desktop, but also varies across verticals. Brands don’t need to increase their ad budgets to be successful, but they will find it’s critical they build search engine marketingstrategies that reflect their long-term goals. 

The eMarketer report broke industries into two categories – companies looking to improve branding and others hoping to increase direct responses, such as leads and sales. 

Companies in the travel sector skewed the heaviest toward bottom-of-the-funnel goals and it’s predicted they will spend 73 percent of their paid ad budgets to drive results. Other verticals expected to spend heavily to improve direct response include: 

  • Retail (64 percent)
  •  Financial services (62 percent)
  •  Media (60 percent)
  •  Telecom (55 percent)
  •  Healthcare & pharmaceuticals (54 percent)

On the other end of the spectrum, entertainment brands and consumer package goods (CPG) marketers plan to spend more on top-of-funnel goals like brand awareness (63.5 percent and 63 percent, respectively). 

This breakdown is similar to another report Brafton recently covered from Webmarketing 123, which found both B2B and B2Cs list bottom-line goals as their top priorities in 2014. It’s important for marketers to produce tangible ROI when running any campaign, but they may lose leads and conversion opportunities if they don’t balance their efforts across the sales spectrum. By putting emphasis on branding and engagements, marketers create a pipeline of prospects that can eventually contribute to hard sales.

It’s equally as important to strike a balance with organic content marketing. Content should be created for prospects throughout the sales funnel, as well as those who have yet to enter, and current customers. It might be easier for marketers to cater to a wider audience with a focus on organic brand content, rather than paid ads, because these pieces live longer online and can be repurposed across channels for greater value.

by Brafton Editorial

When running a pay per click campaign, using negative keywords is an absolute must. As more of us are forced into bidding on only the most popular keywords, use of broad match types is often necessary but to get the best results, you’ll need to specify negative keywords too.



What Are Matching Types?

By using different matching options with your keywords, you’ll have better control over what searches trigger your advert to be shown. Google AdWords offers 4 main different matching types:

  • Exact match
  • Phrase match
  • Broad match
  • Negative match

Find more information about match types here.

A broad match key phrase might be “ladies clothing”. This means that whenever anyone enters a search which includes the words “ladies” and “clothing” your ad will be triggered. However, if you are an equestrian supplier, if someone types in “ladies fashion clothing”, using broad match, your ad would be triggered. Now clearly, someone looking for fashion clothing isn’t looking for specialist equestrian clothing and so the chances of a click through are very low and if you do achieve a click through, the chances of that person making a purchase is even lower because your products aren’t relevant to them.

By using negative keywords, you can essentially filter out more irrelevant searches and stop your ad from being triggered, avoiding the need to pay for a potential click through that will not convert. In this instance you could use a number of negative keywords which might include “fashion” “football” “sports” and so on.

Benefits of using Negative Keywords

  • Better click through rate  (CTR)
  • Improved conversion rate
  • Higher quality score

Much of the time Google won’t allow you to bid on niche keywords because it predicts a ‘low volume’ of searches. Now, low volume can actually be a pretty good thing. If your keywords are very specific and highly relevant, the quality of the traffic you receive is likely to be much higher, leading to a lower bounce rate and ultimately better conversions. However, Google doesn’t want you to benefit from these types of keywords as it doesn’t make as much money from them; instead, it forces you to use more popular keywords and more popular of course means, more competition, which in turn forces you to place higher bids.

When it comes to setting up your campaigns, i’d suggest creating one main negative keyword list and applying it to all related AdGroups. To help you get started, below you will find some lists of negative keywords that you might want to use to modify your P.P.C. campaign.

Negative keyword list Ideas

Comparison shoppers

alternative
compare
comparison
compared
estimate
prices

Price shoppers & bargain hunters

bargain
cheap
clearance
closing down sale
discount code
discount
discounted
end of line
free
low cost
offer
overstock
price drop
price
pricing
sale
sample
special offer
value
voucher code

Researchers

advice
book
case studies
download
eBook
guide
how to
journal
news
reference
research
reviews
statistics
tutorial
training
white papers

Industrial & economic

building
builders
building
consultant
design
diagnosis
diagram
exports
exporter
fabrication
guidelines
guide lines
health and safety
making
mechanics
method
methodology
measurement
model
regulations
rental
repair
specialist
services
tooling

Authored by: Shell Robshaw-Bryan

The post Using Negative Keywords For Better PPC Results appeared first on Marketing & Social Media Blog | Marketing insights, tips and advice.

I want you to think long and hard about the time you last made a commercial decision. It could be a big decision, like the time you made an offer on your first house, or it could be a small decision, like last week, when you were deciding what brand of beer to buy at the bar.  

Chances are that whatever decision you made, you weighed up the pro’s and con’s, considered the financial implications, and acted accordingly, safe in the knowledge that you’d made the right, rational choice.

Except... you probably didn’t...

You see, you’re not nearly as rational as you think you are. That’s not an insult. Neither am I.  

In fact, humanity as a whole is pretty lousy at making considered choices.  So much so that there’s a whole academic discipline, known as Behavioural Economics, dedicated to the subject (for those looking to get a decent grounding I can’t recommend highly enough Prof Dan Ariely’s book, Predictably Irrational).  

Riding roughshod over homo-economicus of the nineteenth century, Behavioural Economics introduces the concept of judgemental heuristics; cognitive rules of thumb, that we use for all but the most simplistic of decision making processes.  

These heuristics are invaluable in day to day functioning, enabling decisions to be reached quickly within complex environments such as the stock market, speed dating nights, or driving on the M25 in rush hour, without the need for complex calculations or methodologies.  

Heuristic theory suggests that the rational, considered economic decision maker that underpins traditional economic studies is a myth, replaced by humanity as a more emotive beast; responding to mental shortcuts, guesses, and semantic influence.

Most marketers understand heuristics, if not academically, then at least on an instinctive level.

We use TripAdvisor ratings to trigger social proof heuristics (why make up your own mind when others can do it for you?), create advertising campaigns with stars in white lab coats to trip the authority heuristic, and give away free shampoo samples to activate the reciprocity heuristic (which, incidentally, is why you should never accept flowers from Hare Krishnas in airports).  

But how do heuristics translate into ecommerce?  Surely you can’t use a heuristic to persuade your customers to spend more online?

Turns out you can.

This July I was lucky enough to be able to run an experiment testing the power of the anchoring heuristic.  

The heuristic, originally identified by Professors Daniel Kahneman and Amos Tversky in their 1974 paper, Judgment under uncertainty: Heuristics and biases, subconsciously steers human decisions towards a numeric anchor in times of uncertainty, whether the anchor is relevant to their choices or not.  

You may not, for instance, be surprised to learn that exposure to a £20,000 handbag on your way into a flagship Gucci store tends to make customers more receptive to spending £200 on a T shirt once inside (the T shirt, by comparison, comes off as a veritable bargain).  

You might however be surprised to learn that even seemingly irrelevant anchors, such as telephone numbers or social security numbers can have a profound influence on customer spend.

So how does this translate online?

Bateaux London was about to launch a new premium package online.  

This new package (essentially their premium dinner package product, but with some very nice Champagne included) had a significantly higher price point than the next alternative down the price scale; providing me with the perfect opportunity to investigate online anchoring in practice.  

If the theory were to hold true, exposure to this new product (the anchor) should result in an increase in average customer spend per transaction, even once the sales of the new product had been factored out of the results.  

Interestingly, this should not just be the case for other, similar, dinner packages, but also for very different product ranges, like their tea and lunch packages.  

The experiment, kindly built by S-Digital, was run as simple A/B/C test, with web users being presented one of three views.

  1. The control - participants were not exposed to the anchor. 
  2. The anchor – participants were exposed to the anchor product.
  3. The anchor plus – participant’s exposure to the anchor product was increased through the use of gold highlights around the anchor.  

The results were, quite frankly, astounding. Although the anchor product itself did not sell particularly well, there was a marked increase in average spend per transaction across the full product range.

Simply from exposing customers to the anchor product, Bateaux saw an average transaction value increase of 11% in dinner package sales, but even more significantly, a 26% increase in lunch and tea package sales.

Needless to say the new product has become a permanent fixture.

But this example is just the tip of the iceberg of what can be achieved through application of heuristic theory online.  

If I’ve whetted your appetite and you want to learn more about the power of heuristics, you can join me at Econsultancy's Festival of Marketing in October, where I will be speaking at Funnel and presenting my full findings, and a lot more besides, on the Engage stage. 

See you there....

Andrew Nicholson is Head of Online at Sodexo Prestige and a guest blogger on Econsultancy. You can follow him on Twitter, Google Plus or LinkedIn.

Blend Two Marketing Strategies In To A Single FormulaDigital marketing is a hot topic encompassing a multitude of online tools that keep growing and changing. This constant shifting of the rules can leave you feeling overwhelmed when it comes to choosing the best way to market your business.

You likely already have online and offline marketing tactics that work, so why not bring the two together to create a powerful new way for customers to experience your brand?

Use Time-Honored TacticsMarketing in both physical and digital realms involves the same techniques you’ve always used when advertising your business. Focus on engaging your target market, test out new ideas to see how they perform, and always be aware of what your competition is doing.

When online marketing was in its infancy, there was a feeling of it being completely different from traditional marketing and banner ads were flying around everywhere and popups were in your face constantly. Marketers were embracing the new medium, but throwing everything out there because it was so new. Over the past decade, online marketing has evolved to mimic the high quality and highly planned tactics used in offline marketing for decades.

Focus on the CampaignThe best way to merge two types of marketing is to stop thinking of them as separate entities. Your online and offline strategies should merge into one unified whole. Considering both as one campaign allows you to concentrate on your initial advertising ideas and work out the best way to deliver a positive brand experience across all channels regardless of medium.

Don’t Treat Digital Marketing DifferentlyGlobal brand building officer Marc Pritchard recently proclaimed digital marketing as a separate entity dead when he proclaimed:

“Try and resist thinking about digital in terms of the tools, the platforms, the QR codes and all of the technology coming next. We (Procter & Gamble) try and see it for what it is, which is a tool for engaging people with fresh, creative campaigns…the era of digital marketing is over. It’s almost dead. It’s now just brand building. It’s what we do.”

In essence, digital marketing should not be seen as an isolated unit of marketing, but is just a part of the whole campaign, as it should be. Some industry experts hope digital marketing as a term dies out because it give the impression of being special and not part of the main campaign, when in fact it should be.

Harness CreativityYour marketing team is full of creative people whose ideas can drive sales both online and off. Couple that talent with your marketing ideas to design campaigns that work on all types of platforms. Build images, write taglines, create content and come up with ad layouts that all focus around the core ideas of your brand to bring them to a wider audience. Instead of creating assets specifically for one platform, identify the core style, tone, and design of your campaign and then adapt those deliverables to the platform they will be use in.

Stay Away from DistractionsOnline marketing offers so many platforms that it can be easy to get hung up on deciding which to use. There is no best answer to this since every business has a different target audience. Use past performance data to choose the venues that give you the most conversions and stick with those. It is useful to test new tools, platforms, and ideas, but you should keep a good balance between testing, refining, and executing on the best platforms.

Grab Attention—and Keep ItIn both the offline and online aspects of your campaign, you need to get the initial attention of your customers before you even have a chance of making the sale. With online campaigns, it’s about catching attention of visitors with marketing that stands out and answers their questions. Whether it’s through Google AdWords ads that solve the problem they are searching for, or banner ads that alert them of a sale you are having, it’s important to catch their attention by being bold and keeping their attention while you move them to the next step in the buying cycle.

With offline campaigns, it’s the same general concept. Customers may be walking by your storefront in which case, custom signs and decals that you hang in your shop windows can draw attention to your products as people pass by. Lead “real life” customers to your online presence by including website URLs or scannable QR codes on these banners and signs so they can use to get more information and continue to engage with your brand on your brand’s website and social media addresses.

Make Personal Connections at Trade ShowsAttending trade shows and other industry events brings your brand to a wider offline market. Take the time to create a unique booth with custom signs and banners featuring your logo, slogan, and website address. It doesn’t matter if these events are small and local or big and national; the goal is to make connections and generate interest in your products and services.

Create a Cohesive ExperienceCustomers should get the same feelings and messages from your brand no matter where it appears. As you work to combine your traditional and digital marketing campaigns, ensure that your store, website, social media profiles and other branded promotions create a consistent image across the board.

Why do people love Chipotle and Starbucks? They know the product will be consistent no matter what city they are in, and they don’t have to make a difficult decision of what to eat and drink. You should aim to deliver a consistent, excellent message and experience for your customers, no matter where they come in contact with your brand.

Bringing it all TogetherMerging your offline and online marketing tactics into a new form of advertising ensures that your brand is present in a variety of venues. Giving customers a path from one platform to the next expands the reach of your company. If you focus on creative campaign ideas that generate a positive image for your brand, your marketing techniques should come together into a cohesive whole.

Image: iStockphoto

Author: Mark KrennMark Krenn is the founder of Coastal Creative Reprographics, a printing company based in San Diego, CA. Founded in 2012, Coastal Creative Reprographics specializes in wide format printing including signs, trade show displays, banners, and vehicle graphics. Mark enjoys keeping active outdoors, and traveling in his free time. Connect with Mark on Facebook andGoogle+.