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Tweaking the Purchase Funnel
and Some of Our Campaign
Objectives
@frankccwong
@frankccwong
A Bit About Myself
2
@frankccwong
The Funnel
Awareness
Consideration
Purchase
Direct
Response
3
@frankccwong
Awareness
vs
Direct Response
4
@frankccwong
Awareness
&
Direct Response
5
@frankccwong
“Awareness is actually throughout the funnel”
6
@frankccwong
Defining “Awareness”
Aware of your brand in general? Aware that you have a new energy drink?
Aware of the benefit of healthy drinks? Aware that you can cook with V8?
7
@frankccwong
Top Funnel Awareness Play
8
@frankccwong
Top Funnel Awareness Play
9
@frankccwong
Mid Funnel Awareness Play
10
@frankccwong
Mid Funnel Awareness Play
11
@frankccwong
Bottom Funnel Awareness Play
12
@frankccwong
Bottom Funnel Awareness Play
13
@frankccwong
Purchase Path Remains the Same
14
Awareness Consideration Purchase
@frankccwong
Speed to Purchase is the Key
15
Awareness Consideration Purchase
@frankccwong
Speed to Purchase is the Key
16
Awareness Consideration Purchase
@frankccwong
Factors to Consider When Conversion Takes too
Long
17
• Loss of tracking due to technical limitations
• Change of mind
o Competitors stepped in
o No longer need
o Economic factors
@frankccwong
Measuring Success
18
>
“Pick a metric that’s indicative of sales or potential sales
while factoring the time element”
Immediate, Trackable
Revenue
Lift in Consideration,
Newsletter Sign Up
Pure Product Awareness
@frankccwong
Awareness
vs
Direct Response
19
@frankccwong
“Almost all campaigns are aimed at driving
revenue”
20
@frankccwong 21
Generating Demand
Capturing Demand
Two Ways to Drive Revenue
@frankccwong 22
Generating Demand
@frankccwong 23
Generating Demand
@frankccwong 24
Generating Demand
@frankccwong 25
Capturing Demand
@frankccwong 26
Capturing Demand
@frankccwong 27
The Same Thinking Works in Both Retention
and Acquisition Environments
@frankccwong 28
Generating Demand – Retention
@frankccwong 29
Capturing Demand – Retention
@frankccwong 30
Capturing Demand – Retention
@frankccwong
Exceptions?
31
@frankccwong 32
CRM EngagementAdsPR Customer
Service
@frankccwong
In a nutshell
33
• Awareness is throughout the funnel
• Most campaigns are about driving revenue
• Bucket your campaigns by “generating demand” vs “ capturing
demand”
• Factor in the element of time when measuring success
@frankccwong 34
Questions?
@frankccwong 35
Thank You!

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Tweaking the Purchase Funnel and Some of Our Campaign Objectives

Hinweis der Redaktion

  1. Talk about search, programmatic being Direct Response
  2. Show of hand .. How your company categorize your campaigns? Sometimes you also get the dual goal campaign.. I want awareness but I also want revenue…. .. I’m not always a fan of that but I also see some truth to that…
  3. How many times that your executive ask you to have an awareness campaign but also ask you then drive
  4. Gas station
  5. Why do gas stations are always right next to each other….. Why do hotels always built right next to each other in an existing city.. Because it’s more costly to ask someone to go to a new city …
  6. Think about the conquesting ppc example Why do gas stations are always right next to each other….. Why do hotels always built right next to each other in an existing city.. Because it’s more costly to ask someone to go to a new city …
  7. Show of hand .. How your company categorize your campaigns? Sometimes you also get the dual goal campaign.. I want awareness but I also want revenue…. .. I’m not always a fan of that but I also see some truth to that…
  8. Exception: CSR