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How to Select and Evaluate
Effective Marketing Channels
Andrea Tudor
Director of Marketing at Dean’s Natural Food Market
About Me
Marketing Funnel
Awareness
Awareness
• Purpose:
• Reach new customers (solve a problem; identify a problem they didn’t know they had)
• Account for churn
• Stay top of mind
Awareness
• Best Practice: Fish where the fish are.
• Use your existing customer data to determine your target audience.
• Demographics: Where do they live? How old are they? HHI? Gender?
• Habits: Where they get their news? What other activities are they interested in?
• What if I don’t have this data?
• Work with a 3rd party company to analyze your customer list.
• Conduct a survey.
• Utilize industry data.
• Utilize channels with interest-based targeting.
Awareness
• Examples:
• SEM ( Google Search ) – Highly targeted; reaching people who are ready to buy.
• Facebook Ads – Highly targeted; reaching people who are interested in brands, causes,
and products like yours.
• Community Events – High-touch; opportunity to speak to people and sample/sell your
product(s).
• Print Ads – Reach a broad audience; get editorial exposure.
• Partnerships – Get access to customers from other local businesses with similar, non-
competing offerings (gyms, studios, etc.).
Awareness
• How do I know it’s working?
• Google Analytics – referrals (where is the
majority of your traffic coming from?)
• New customer sign-ups (if you have a loyalty
program)
• Include “How did you hear about us?” on the
form
• Overall sales / customer count – lift
(MOM/YOY)
Consideration
Consideration
• Purpose: Let the customer get to know your business offerings better.
• Typically the next step after seeing an ad / interacting with you at an event.
Consideration
• Best Practice: Put your best foot forward.
• Maintain a consistent brand presence across all channels.
• Make sure content is fresh and up-to date.
• Offer a coupon.
Consideration
• Examples:
• Website – a MUST! Make sure it’s mobile-friendly!
• Online reviews – check the most popular sites and address negative / neutral reviews.
• Brochure – good for distributing at events; include a coupon to increase the likelihood
of it being held onto.
• Menu – both on website and in paper form.
• Blog – great for SEO; can position you as a thought leader (if you have the time!).
Consideration
• How do I know it’s working?
• Google Analytics – time on site, number of visits,
bounce rate, intent to visit (ex. visiting the “contact us”
or “store locator” page)
• Coupon redemptions (if using channel-specific deals)
Conversion
Conversion
• Purpose: Increase basket size, increase likelihood of return visits.
• Best Practice: Provide a great, unique experience!
Conversion
• Examples:
• In-store signage – communicate your standards and philosophy, sales/specials,
additional product information.
• Customer experience – great customer service, clean store, store layout & décor, etc.
• Merchandising – put the right products in the right places.
• Mobile app – offer digital coupons; product information, etc. (3rd party or your own).
Conversion
• How do I know it’s working?
• Overall sales
• Basket size
Loyalty
DeansNaturalFoodMarket.com
Loyalty
• Purpose: Drive return visits.
• Best Practice: Provide personalized offers and information.
Loyalty
• Examples:
• Email – segment your list by customer preference and buying habits.
• Direct mail – reserve for your best customers; especially if you’re budget is limited; give
them a reason to bring the card back so you can track it (discount / raffle).
• Mobile app – offer deals based on customers’ buying habits.
• Punch cards.
Loyalty
• How do I know it’s working?
• Email open rate
• Offer redemptions
• Trip frequency
• Basket size
Referrals
Referrals
• Purpose: Use your existing customer base to attract new customers.
• According to Nielsen, 92% of consumers believe recommendations from
friends and family over all forms of advertising.
• These typically occur when your customers
• Have a great experience
• Buy into your company’s core values / mission
• Are incentivized in some way
Referrals
• Examples:
• Referral bonus
• In-store classes /events (most people bring a friend)
• Incentivized social media sharing
• Social media shout-outs – simply thanking people for sharing can be enough
encouragement!
• Word of mouth
Referrals
• How do I know it’s working?
• Offer redemptions
• Customer count
• Event attendance
• Social media mentions
• Positive reviews
Marketing Funnel
How Do I Know Which Channels To Use?
• What’s your goal? Where in the funnel does it fall?
• Examples
• Find new customers – Awareness / Referrals
• Increase basket size – Conversion
• Bring back MIA customers - Loyalty
How Do I Know Which Channels To Use?
• Keep an eye on ROI.
• Use a consistent metric, like CPM (cost per 1000
impressions), to evaluate the true cost of each
channel you’re reviewing.
• Test, measure, repeat.
• Try channel-specific coupons. Which channel
drives the most trips?
• Use raffles to facilitate a survey. How did
customers hear about you / your event?
What If I Have Limited Resources?
• The smaller your budget, the more focused and targeted you plan should be.
• Choose a couple strong, affordable mediums and do them well.
• Limit Awareness efforts to highly targeted mediums like Facebook and SEM.
• Attend and sell product at off-site events.
• Focus the majority of your efforts on maintaining you existing customer base.
• Focus more expensive efforts, like direct mail, on your top prospects /customers.
Thank You
Questions?

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INFRA-DNFM-ChoosingMarketingChannels-2016

  • 1. How to Select and Evaluate Effective Marketing Channels Andrea Tudor Director of Marketing at Dean’s Natural Food Market
  • 5. Awareness • Purpose: • Reach new customers (solve a problem; identify a problem they didn’t know they had) • Account for churn • Stay top of mind
  • 6. Awareness • Best Practice: Fish where the fish are. • Use your existing customer data to determine your target audience. • Demographics: Where do they live? How old are they? HHI? Gender? • Habits: Where they get their news? What other activities are they interested in? • What if I don’t have this data? • Work with a 3rd party company to analyze your customer list. • Conduct a survey. • Utilize industry data. • Utilize channels with interest-based targeting.
  • 7. Awareness • Examples: • SEM ( Google Search ) – Highly targeted; reaching people who are ready to buy. • Facebook Ads – Highly targeted; reaching people who are interested in brands, causes, and products like yours. • Community Events – High-touch; opportunity to speak to people and sample/sell your product(s). • Print Ads – Reach a broad audience; get editorial exposure. • Partnerships – Get access to customers from other local businesses with similar, non- competing offerings (gyms, studios, etc.).
  • 8. Awareness • How do I know it’s working? • Google Analytics – referrals (where is the majority of your traffic coming from?) • New customer sign-ups (if you have a loyalty program) • Include “How did you hear about us?” on the form • Overall sales / customer count – lift (MOM/YOY)
  • 10. Consideration • Purpose: Let the customer get to know your business offerings better. • Typically the next step after seeing an ad / interacting with you at an event.
  • 11. Consideration • Best Practice: Put your best foot forward. • Maintain a consistent brand presence across all channels. • Make sure content is fresh and up-to date. • Offer a coupon.
  • 12. Consideration • Examples: • Website – a MUST! Make sure it’s mobile-friendly! • Online reviews – check the most popular sites and address negative / neutral reviews. • Brochure – good for distributing at events; include a coupon to increase the likelihood of it being held onto. • Menu – both on website and in paper form. • Blog – great for SEO; can position you as a thought leader (if you have the time!).
  • 13. Consideration • How do I know it’s working? • Google Analytics – time on site, number of visits, bounce rate, intent to visit (ex. visiting the “contact us” or “store locator” page) • Coupon redemptions (if using channel-specific deals)
  • 15. Conversion • Purpose: Increase basket size, increase likelihood of return visits. • Best Practice: Provide a great, unique experience!
  • 16. Conversion • Examples: • In-store signage – communicate your standards and philosophy, sales/specials, additional product information. • Customer experience – great customer service, clean store, store layout & décor, etc. • Merchandising – put the right products in the right places. • Mobile app – offer digital coupons; product information, etc. (3rd party or your own).
  • 17. Conversion • How do I know it’s working? • Overall sales • Basket size
  • 19. Loyalty • Purpose: Drive return visits. • Best Practice: Provide personalized offers and information.
  • 20. Loyalty • Examples: • Email – segment your list by customer preference and buying habits. • Direct mail – reserve for your best customers; especially if you’re budget is limited; give them a reason to bring the card back so you can track it (discount / raffle). • Mobile app – offer deals based on customers’ buying habits. • Punch cards.
  • 21. Loyalty • How do I know it’s working? • Email open rate • Offer redemptions • Trip frequency • Basket size
  • 23. Referrals • Purpose: Use your existing customer base to attract new customers. • According to Nielsen, 92% of consumers believe recommendations from friends and family over all forms of advertising. • These typically occur when your customers • Have a great experience • Buy into your company’s core values / mission • Are incentivized in some way
  • 24. Referrals • Examples: • Referral bonus • In-store classes /events (most people bring a friend) • Incentivized social media sharing • Social media shout-outs – simply thanking people for sharing can be enough encouragement! • Word of mouth
  • 25. Referrals • How do I know it’s working? • Offer redemptions • Customer count • Event attendance • Social media mentions • Positive reviews
  • 27. How Do I Know Which Channels To Use? • What’s your goal? Where in the funnel does it fall? • Examples • Find new customers – Awareness / Referrals • Increase basket size – Conversion • Bring back MIA customers - Loyalty
  • 28. How Do I Know Which Channels To Use? • Keep an eye on ROI. • Use a consistent metric, like CPM (cost per 1000 impressions), to evaluate the true cost of each channel you’re reviewing. • Test, measure, repeat. • Try channel-specific coupons. Which channel drives the most trips? • Use raffles to facilitate a survey. How did customers hear about you / your event?
  • 29. What If I Have Limited Resources? • The smaller your budget, the more focused and targeted you plan should be. • Choose a couple strong, affordable mediums and do them well. • Limit Awareness efforts to highly targeted mediums like Facebook and SEM. • Attend and sell product at off-site events. • Focus the majority of your efforts on maintaining you existing customer base. • Focus more expensive efforts, like direct mail, on your top prospects /customers.