Join Kate O’Neill, founder and CEO of [meta]marketer, and Josh Oakes, Director of Optimization at [meta]marketer, while they discuss how to resist the urge to pull the plug on your marketing efforts and how to give the medicine a chance to work.
Learn how to:
• diagnose your marketing troubles
• determine the best treatment
• feel comfortable about covering the bill
• do this all without overreacting
As a business decision-maker, you know how difficult it is to asses and diagnose a failing marketing program, much less determine how to treat the condition and accept long-term costs of care. Register today and learn the [meta]marketer approach to marketing optimization and safely move your marketing efforts forward without killing the patient.
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Webinar: "Don't Kill the Patient"
1. Don’t Kill the Patient
How Not To Overreact To
Marketing Optimization Numbers
[presented by]
Kate O’Neill, CEO and Founder
and Josh Oakes, Director of Optimization
moderated by Lucas Hendrickson
2. About [meta]marketer
‣ “Marketing optimization agency”
i.e. we’re geeky but we care. :)
‣ We help clients understand their customers based on data
and insights so they can be more effective in marketing to
those customers.
‣ Past clients include Symantec, Ingram Book Publishing,
Opry.com, other e-commerce, B2B, and dozens of other
companies and brands.
‣ We like the color orange. Clearly.
3. Who’s Kate O’Neill?
‣ Past gigs have included Netflix, Toshiba, HCA,
Magazines.com, lots of startups, etc.
‣ Passionate about customer experience and geeky about data.
‣ Just kind of a fun chick, y’know?
Who’s Josh Oakes?
‣ Spearheads our work in conversion optimization: using
data from real world tests to determine what works
and what doesn’t for your customers on your site.
‣ Owns–and can field strip–an original Macintosh.
‣ Office curmudgeon and resident Star Wars nerd.
4.
5. Marketing Optimization
‣ how to diagnose a failing marketing program
‣ how to treat the condition
‣ cover the costs of care
6. Half of your marketing
dollars are wasted.
Do you know which half?
10. Symptoms that lead companies to consider
marketing optimization
‣ “Our website sucks!”
‣ “We don’t show up on Google!”
‣ “We don’t know if this is working!”
11. How should you react?
Under react
Do nothing.
Reasonably React
Discrete, strategic tests.
Overreact
Wholesale redesign!
13. Overreact:
Conflating the diagnosis
‣ “Our shopping cart page is too long.
We need to redesign the entire website.”
‣ “Nobody is viewing our product details.
We need to link them from the homepage.”
‣ “We are not showing up on Google.
We need to change our content management system.”
14. [example]
Client with an established website with great
content and an established user base was
performing poorly in organic searches.
19. Over-Testing
‣ Testing passed statistically significant results
‣ Using A/B Testing when Multivariate is the right tool
‣ Getting stuck on pet projects
20. Under Testing
‣ Ending tests before reaching statistical significance
‣ Ignoring the little things
‣ Letting unchecked bias blind you to results
21. Dealing with Discomfort
‣ The point of getting treatment is
that something has to change
‣ Some things will be non-
negotiable but everything can’t be
‣ Be realistic and remember that
something will have to die
22. Making Lifestyle Changes
‣ It’s “your thing” now
‣ Don’t throw everything out
‣ Take the time to adapt to the
new reality
24. Start Today
‣ Talk about what matters to your business and how
to measure it
‣ Take a look and what you can measure now and
evaluate whether the data aligns with what you’re
doing
‣ Try it out!
25. [tip]
There are many low cost tools and
many that offer free trials you can
start using immediately to get a
feel for it.
26. See the Doctor
‣ You don’t know what you
need to (or can) to measure
‣ You don’t have the people
or the resources to do the
work
‣ You can’t ramp up the
knowledge in your
timeframe and you know
you’re going to have to pay
for it
28. ROI isn’t the only Return
‣ You won’t see immediate ROI
‣ It’s an investment in your
people as well as your business
‣ It’s an investment in
sophistication
29. Wins now don’t always pay off now
‣ Long sales cycles make revenue a trailing metric
‣ Small gains compound over time
‣ Small gains can combine for big gains
30. Investment and Outcomes
‣ Attention and investment don’t correlate with lift
‣ Tests with no clear winner tell you what you don’t need to
worry about!
‣ Sometimes big tests get small results and small tests get
big results
31. Don’t Stop Taking the
Medicine!
‣ Don’t stop testing or
redirect your investments
because you’ve identified a
loss area
‣ Don’t stop testing a
particular area just because
you’ve improved it
‣ Don’t stop treating one
condition because another
one is improving faster
35. Next Webinar
‣ Thursday, December 15th, 12PM CST
“Analytics are People:
Knowing Your Data is Knowing Your Customers”
36. Thank you for your time.
‣ Be sure to join us for our next webinar: ...
‣ For questions and follow-up:
‣ info@metamarketer.com
‣ Twitter: @kateo / @joshtheoak
@metamarketer
‣ LinkedIn: kateoneill / joshuaoakes