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Developing a
Market Prioritization Model
For Greater Effectiveness
Nick Neels, Head of Local Search | @nickneels | nneels@location3.com
#LSA17 @NickNeels
We Built a Model & Started a Dialogue
#LSA17 @NickNeels
+10%
+561%
+13%
+1,200%
Digital Marketing for Multi-unit and Franchise Systems
#LSA17 @NickNeels
Gone are the Days
#LSA17 @NickNeels
The Competition Has Heated Up
#LSA17 @NickNeels
The Competition Has Heated Up
#LSA17 @NickNeels
Digital Marketers Back in the Day
#LSA17 @NickNeels
Unable to React
#LSA17 @NickNeels
Poor Non-brand Visibility
#LSA17 @NickNeels
Poor User Experience
#LSA17 @NickNeels
Poor Store Page Speed
#LSA17 @NickNeels
Squeaky Wheels
#LSA17 @NickNeels
Focus on Location Level Results
#LSA17 @NickNeels
The Picture is Not Complete
#LSA17 @NickNeels
It Gets to the Point Where…
#LSA17 @NickNeels
Monkey Investment Portfolio
#LSA17 @NickNeels
Monkey Portfolios Beat the Stock Universe
#LSA17 @NickNeels
….and a method that is a lot more safe.
#LSA17 @NickNeels
Don't Rely on a Blindfolded Monkey
#LSA17 @NickNeels
Tiered Market Prioritization Model
#LSA17 @NickNeels
#LSA17 @NickNeels
Top ROI Indicators
#LSA17 @NickNeels
Store
Number
Stability Assessment Sales
100 Open (5,000)$
101 Open 12,000$
102 Open (10,000)$
103 Open 6,000$
104 Open 6,000$
105 Open 1,000$
108 Future Closure (March 2017)
109 Future Closure (April 2017)
106 New Store (June 2017)
107 New Store (July 2017)
Tiers For the Win!
#LSA17 @NickNeels
Store Number Sales $ Sales
100 $ (5,000) 1
101 $ 12,000 3
102 $ (10,000) 1
103 $ 6,000 2
104 $ 6,000 2
105 $ 1,000 2
Middle of
the Pack
Low
Priority
High
Priority
High
Priority
Current Local Search Performance
#LSA17 @NickNeels
Store Number LLM SEO PPC
100 3 2 2
101 2 2 3
102 2 2 1
103 2 3 2
104 3 3 2
105 1 1 2
Population Density
#LSA17 @NickNeels
Store Number Population
100 2
101 1
102 3
103 2
104 2
105 2
Real Estate Team
#LSA17 @NickNeels
Estimate It
#LSA17 @NickNeels
Scale It
#LSA17 @NickNeels
Location ID Group Lat Long
High Competitor
Count Group Lat Long
Miles
Apart
1 SlimGenics 39.815068 -105.081104 5 Jenny Craig 40.6667729 -73.475811 1658.9
2 SlimGenics 41.459875 -82.019666 4 Jenny Craig 41.861201 -87.975686 903.7
3 SlimGenics 41.681404 -81.296272 3 Jenny Craig 32.9411882 -97.1176371 648.9
4 SlimGenics 44.866012 -93.056131 5 Jenny Craig 34.074212 -118.37558 833.2
5 SlimGenics 44.8731253 -93.3254647 7 Jenny Craig 31.9941086 -81.1286575 1439.7
6 SlimGenics 39.749225 -105.000338 7 Jenny Craig 35.443561 -80.859494 1354.9
7 SlimGenics 41.119607 -81.47236 3 Jenny Craig 38.6702055 -121.1552884 862.6
8 SlimGenics 41.539973 -81.451364 5 Jenny Craig 42.2746069 -71.7501199 1734.0
9 SlimGenics 45.039171 -93.220902 4 Jenny Craig 39.8808624 -105.0942944 4.6
10 SlimGenics 44.9054244 -92.9240745 4 Jenny Craig 33.0154311 -96.7088565 660.8
Competitive Saturation
#LSA17 @NickNeels
Store
Number
Competition
100 2
101 3
102 2
103 2
104 2
105 1
Final Priority Score & Tiers
#LSA17 @NickNeels
Store
Number
Sales LLM SEO PPC Population Competition
Priority
Score
Priority
Tier
100 1 3 2 2 2 2 12 2
101 3 2 2 3 1 3 14 3
102 1 2 2 1 3 2 11 1
103 2 2 3 2 2 2 13 2
104 2 3 3 2 2 2 14 3
105 2 1 1 2 2 1 9 1
The Trump Card
#LSA17 @NickNeels
Highest Priority, Regardless of Data
#LSA17 @NickNeels
Store Number Sales $ Sales LLM SEO PPC Population Competition
Priority
Tier
The Trump
Priority
100 $ (5,000) 1 3 2 2 2 2 2 -
101 $ 12,000 3 2 2 3 1 3 3 1
102 $ (10,000) 1 2 2 1 3 2 1 1
103 $ 6,000 2 2 3 2 2 2 2 -
104 $ 6,000 2 3 3 2 2 2 3 -
105 $ 1,000 2 1 1 2 2 1 1 -
Poor Performance, High Population
#LSA17 @NickNeels
Poor Performance, Low Population
#LSA17 @NickNeels
Edge Cases: Ranked 2, 4, 11, 21, or Page 2
#LSA17 @NickNeels
Case Study: Page 1 Visibility
#LSA17 @NickNeels
+10%
+561%
Case Study: Top 10 Visibility
#LSA17 @NickNeels
+13% +1,200%
Increased ROI: Personal & Corporate
Investment
#LSA17 @NickNeels
Roadmap for All Locations
#LSA17 @NickNeels
Build a Model.
Start a Dialogue.
Educate.
Then Put in the Work.
#LSA17 @NickNeels
Developing a
Market Prioritization Model
For Greater Effectiveness
Nick Neels, Head of Local Search | @nickneels | nneels@location3.com
#LSA17 @NickNeels

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Developing a Market Prioritization Model For Greater Effectiveness