35
Making Every Click Count Pam Webber Chief Marketing Officer at 99designs

Make Every Click Count: Maximizing Your Customer Acquisition Budget

Embed Size (px)

Citation preview

Page 1: Make Every Click Count: Maximizing Your Customer Acquisition Budget

Making Every Click CountPam WebberChief Marketing Officer at 99designs

Page 2: Make Every Click Count: Maximizing Your Customer Acquisition Budget

• Yes, we are recording today’s webinar!

• Slides and recording will be sent to all registrants later today

• Save your questions for Q&A with our speaker after the interview—use the GotoWebinar panel

Webinar FAQ

Page 3: Make Every Click Count: Maximizing Your Customer Acquisition Budget

Meet our SpeakerPam Webber, CMO, 99designs• Leader of global marketing team• Responsible for customer acquisition

and increasing lifetime value of customers

• Previous experience: eBay, PayPal, variety of startups, ecommerce company founder

• Passionate about finding “aha moments” to drive strategic direction

Page 4: Make Every Click Count: Maximizing Your Customer Acquisition Budget

Agenda

• Planning and staffing

• The top challenges—and how to overcome them

• Optimizing through testing

Page 5: Make Every Click Count: Maximizing Your Customer Acquisition Budget

About 99designs

• World’s largest online graphic design marketplace

• Founded in 2008

• 125 employees worldwide

• 350,000+ customers

• 2015 revenue near $60 million

• 8 consecutive years of double-digit growth

Page 6: Make Every Click Count: Maximizing Your Customer Acquisition Budget

6

99designs helps customers get quality, graphic designLogos, websites & more

Logos

Designs by Vidakovic, Martis Lupus , A&V, J.Chaushev, Khramova, and Bence Balaton

T-shirtsBook covers Product packaging

BeveragesWebsites

Car wraps

Page 7: Make Every Click Count: Maximizing Your Customer Acquisition Budget

Planning for Customer Acquisition

Page 8: Make Every Click Count: Maximizing Your Customer Acquisition Budget

Identify Your Target. Define Your Persona

AngelaAgency

NickNiche

ValSMB

MiaMarketer

EricEnterprise Marketer

TedTech entrepreneur

Page 9: Make Every Click Count: Maximizing Your Customer Acquisition Budget

• Identify• Define• Validate• Test• Scale

Working with Personas

Page 10: Make Every Click Count: Maximizing Your Customer Acquisition Budget

Staffing for Customer Acquisition

Page 11: Make Every Click Count: Maximizing Your Customer Acquisition Budget

What is your strategy?

• Creating demand

• Capturing existing demand

Staffing for yourAcquisition Challenges

Page 12: Make Every Click Count: Maximizing Your Customer Acquisition Budget

The 99designs Marketing Team

Paid

Online Marketing (SEM, Ads)

Affiliates

Conversion Optimization

Designers

Communications

Education

Communications

Corp Comm

PR

Brand/Earned

SEO

Broadcast (Podcasts, Radio)

Campaigns(Social, Content, Promos)

International

Paid

Brand

Communications

Page 13: Make Every Click Count: Maximizing Your Customer Acquisition Budget

Reducing Customer Acquisition Costs

Page 14: Make Every Click Count: Maximizing Your Customer Acquisition Budget

Reducing Acquisition Costs

AnalyticsInvest in analytics.

Page 15: Make Every Click Count: Maximizing Your Customer Acquisition Budget

Reducing Acquisition Costs

“Free”Help your customers find you.

AnalyticsInvest in analytics.

Page 17: Make Every Click Count: Maximizing Your Customer Acquisition Budget

Reducing Acquisition Costs

RetargetingDon’t pay (a lot) twice.

“Free”Help your customers find you.

AnalyticsInvest in analytics.

Page 18: Make Every Click Count: Maximizing Your Customer Acquisition Budget

START THE QUIZ

@@

@@

@@

2.5M emails@

@@

@@@

@ @@ @

@

@@@@@@@@

@ @

@@

Email

Page 19: Make Every Click Count: Maximizing Your Customer Acquisition Budget

Challenges with Customer Acquisition

Page 20: Make Every Click Count: Maximizing Your Customer Acquisition Budget

Top 3 Challenges of Customer Acquisition

Page 21: Make Every Click Count: Maximizing Your Customer Acquisition Budget

• Identifying the “halo effect”

Top 3 Challenges of Customer Acquisition

Page 22: Make Every Click Count: Maximizing Your Customer Acquisition Budget

• Identifying the “halo effect”

• Data volume for confident testing

Top 3 Challenges of Customer Acquisition

Page 23: Make Every Click Count: Maximizing Your Customer Acquisition Budget

• Identifying the “halo effect”

• Data volume for confident testing

• Playing to your risk profile

Top 3 Challenges of Customer Acquisition

Page 24: Make Every Click Count: Maximizing Your Customer Acquisition Budget

• Learn from others

• Develop a ‘test and learn’ culture

• Create a strong partnership with your Analytics team

• Be ‘truth-seeking’ and cautious

Addressing the Challenges

Page 25: Make Every Click Count: Maximizing Your Customer Acquisition Budget

Optimizing Customer Acquisition through Testing

Page 26: Make Every Click Count: Maximizing Your Customer Acquisition Budget

Retargeting A/B TestObserved 20% increase in sales

Control – No Retargeting

Variation – Retargeting

Page 27: Make Every Click Count: Maximizing Your Customer Acquisition Budget

Moving Email Capture Higher in the Checkout Process2.5x captures without impacting conversionsVariation – Collect Email Before Last Checkout PageControl– Email Modal Pop Up Before Payment

Page 28: Make Every Click Count: Maximizing Your Customer Acquisition Budget

Gold Package RecommendationCTA drives 21% increase in average price

Control Variation

Page 29: Make Every Click Count: Maximizing Your Customer Acquisition Budget

Next on 99designs’ Testing Roadmap

• Welcoming more agencies and enterprise customers

• Assessing the impact of rebranding

Page 30: Make Every Click Count: Maximizing Your Customer Acquisition Budget

Optimizing Customer Acquisition

• Educate the team on how to interpret results

• If you can’t collect enough data to get statistical significance, go with your gut

Page 31: Make Every Click Count: Maximizing Your Customer Acquisition Budget

Final Thoughts

Page 32: Make Every Click Count: Maximizing Your Customer Acquisition Budget

Final Thoughts

• Customer acquisition is hard.

• There is a lot of noise.

• Use data when you can, your gut when you can’t

• Be truth-seeking.

Page 33: Make Every Click Count: Maximizing Your Customer Acquisition Budget

Q&A

Page 34: Make Every Click Count: Maximizing Your Customer Acquisition Budget

Try Optimizely Free for 30 Days

http://www.optimizely.com/get-started

Page 35: Make Every Click Count: Maximizing Your Customer Acquisition Budget

Don’t Redesign Your Website in the Dark8/11 with Asana and Optimizely

Standing Out in A Saturated Market8/24 with Earnest and Hotwire

www.optimize.ly/thrive-webinar