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How to build a low-touch sales channel with the Internet marketing Boris Elpiner V.P. of Online Marketing Egnyte, Inc.

Anatomy Of The Online Sales Engine

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Overview of the key components and architecture of the low-touch sales environment.

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Page 1: Anatomy  Of The Online Sales Engine

How to build a low-touch sales channel with the Internet marketing

Boris ElpinerV.P. of Online Marketing

Egnyte, Inc.

Page 2: Anatomy  Of The Online Sales Engine

What products can be sold online? What is a low-touch sales engine? Key components of online sales engine Is your product ready for online sales? Understanding your competitors Who should drive your sales engine? Summary Q&A

Page 3: Anatomy  Of The Online Sales Engine

If your prospects are searching for it online, you can sell it online.

Page 4: Anatomy  Of The Online Sales Engine

A complete sales environment designed to acquire customers with minimum human involvement◦ Lowest cost of acquisition◦ Low startup costs◦ Quick startup period◦ Scales as your business grows◦ In-depth customer insight

Page 5: Anatomy  Of The Online Sales Engine

Data Warehouse

&Analytics

Engine

Test Engine

End-user Marketing

Automation

CRM

Sales Team

Self-support Environment

Web Site

Traffic Generation

Social Media

Web Analytics

Customer Database

Lost Customer Recovery

3rd Party Data

Billing & Finance

Page 6: Anatomy  Of The Online Sales Engine

Web site designed to self-convert a majority of customers

Multi-channel online lead generation Integrated tele-sales operation to maximize

revenue Self-support system to increase customer

satisfaction and minimize support costs Analytics

Page 7: Anatomy  Of The Online Sales Engine

Data Warehouse

&Analytics

Engine

Data Warehouse

&Analytics

Engine

End-user MarketingAutomation

End-user MarketingAutomation

CRMCRM

Sales TeamSales Team

Self-support Environment

Self-support Environment

Traffic GenerationTraffic Generation

Social MediaSocial Media

Customer DatabaseCustomer Database

3rd Party Data3rd Party Data

Test Engine Web Site

Web Analytics

Lost Customer Recovery

Billing & Finance

Page 8: Anatomy  Of The Online Sales Engine

It’s not just about landing pages◦ Engineered traffic management from an entry point to a

conversion point◦ Dynamic content and navigation to match visitors’ interest

Focus on a product◦ Detailed features descriptions◦ Clear explanation of how it works◦ Easy-to-understand pricing presentation◦ Confidence building information

Persistent call-to-action throughout the site◦ Click, call and chat

Lost conversions recovery◦ Capture contact info early◦ Present a more appealing offer on follow up

Page 9: Anatomy  Of The Online Sales Engine

Test everything◦ A/B Testing◦ Multi-variable testing

Popular test tools◦ Google Web Optimizer – Free◦ Omniture Test & Target

Web site analytics◦ Google Analytics – Free◦ Omniture Site Catalyst

Never-ending optimization process

Page 10: Anatomy  Of The Online Sales Engine

Data Warehouse

&Analytics

Engine

Data Warehouse

&Analytics

Engine

Test Engine

Test Engine

End-user Marketing

Automation

End-user Marketing

Automation

CRMCRM

Sales TeamSales Team

Self-support EnvironmentSelf-support Environment

Web SiteWeb Site

Traffic Generation

Social Media

Web Analytics

Web Analytics

Customer DatabaseCustomer Database

Lost Customer Recovery

Lost Customer Recovery

3rd Party Data3rd Party Data

Billing & Finance

Page 11: Anatomy  Of The Online Sales Engine

Pay-per-click campaigns across all engines◦ Start with Google AdWords and expand

Organic search◦ Web site design◦ Rich multimedia content◦ Links from relevant high ranking sites

PR Social media Referral program Affiliate program Partners

Page 12: Anatomy  Of The Online Sales Engine

How affiliate marketing works Getting affiliates attention

◦ Your product should generate more revenue than competition

◦ Provide sales tools and reports◦ Nurture and support your best affiliates

Avoid channel conflicts Major affiliate sites

◦ Commission Junction (CJ)◦ LinkShare◦ TradeDoubler for European markets

Page 13: Anatomy  Of The Online Sales Engine
Page 14: Anatomy  Of The Online Sales Engine

Generate awareness Improve conversion with user ratings Engaging your customers

◦ Maintain an active presence on main social sites◦ Provide easy links to follow your company◦ Provide a way to rate your products◦ Stimulate your community – provide topics to chat about

Page 15: Anatomy  Of The Online Sales Engine
Page 16: Anatomy  Of The Online Sales Engine

Data Warehouse

&Analytics

Engine

Data Warehouse

&Analytics

Engine

Test Engine

Test Engine

End-user Marketing

Automation

CRM

Sales TeamSales Team

Self-support Environment

Self-support Environment

Web SiteWeb Site

Traffic GenerationTraffic Generation

Social MediaSocial Media

Web Analytics

Web Analytics

Lost Customer Recovery

Lost Customer Recovery

3rd Party Data3rd Party Data

Customer Database

Customer Database

Billing & Finance

Page 17: Anatomy  Of The Online Sales Engine

Maximizing revenue◦ Increase conversion rates◦ Close larger deals◦ Up-sell/cross-sell ◦ Improve customer retention

Fully integrated into the online sales process

Page 18: Anatomy  Of The Online Sales Engine

Data Warehouse

&Analytics

Engine

Data Warehouse

&Analytics

Engine

Test Engine

Test Engine

End-user Marketing

Automation

CRM

Sales TeamSales Team

Self-support Environment

Self-support Environment

Web SiteWeb Site

Traffic GenerationTraffic Generation

Social MediaSocial Media

Web Analytics

Web Analytics

Lost Customer Recovery

Lost Customer Recovery

3rd Party Data3rd Party Data

Customer Database

Customer Database

Billing & Finance

Page 19: Anatomy  Of The Online Sales Engine

Data Warehouse

&Analytics

Engine

Test Engine

Test Engine

End-user Marketing

Automation

End-user Marketing

Automation

CRMCRM

Sales TeamSales Team

Self-support EnvironmentSelf-support Environment

Web SiteWeb Site

Traffic GenerationTraffic Generation

Social MediaSocial Media

Web Analytics

Customer DatabaseCustomer Database

Lost Customer Recovery

Lost Customer Recovery

3rd Party Data

Billing & Finance

Page 20: Anatomy  Of The Online Sales Engine

Monitoring Online Sales Engine Efficiency ◦ Lead & sales data from your database◦ Cost and click data from search engines, affiliates,

partners etc◦ Post-sale revenue data

Near Real-time Data Presentation Web site analytics - Optimizing conversion

process

Page 21: Anatomy  Of The Online Sales Engine

Data Warehouse

&Analytics

Engine

Test Engine

End-user Marketing

Automation

CRM

Sales Team

Self-support Environment

Web Site

Traffic Generation

Social Media

Web Analytics

Customer Database

Lost Customer Recovery

3rd Party Data

Billing & Finance

Page 22: Anatomy  Of The Online Sales Engine

Online shoppers compare everything◦ Features◦ Pricing◦ Social media “buzz” - What others are saying

Page 23: Anatomy  Of The Online Sales Engine
Page 24: Anatomy  Of The Online Sales Engine

Free tools to gauge your competitors Compete.com Spyfu.com

Page 25: Anatomy  Of The Online Sales Engine

www.spyfu.com

Page 26: Anatomy  Of The Online Sales Engine

Company should control the overall management of the program in-house

Develop in-house analytics expertise Maintain in-house web site management Role of agencies Use specialists/outsource for specific tasks

◦ SEO optimization◦ Graphics design◦ Content development◦ Social media management◦ PR

Page 27: Anatomy  Of The Online Sales Engine

Low-touch sales engine◦ The most cost effective sales channel◦ Easy to scale◦ Gives you in-depth insight into your customers◦ Allows you quickly react to market changes

Page 28: Anatomy  Of The Online Sales Engine