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3 STRATEGIES TO
IMPROVE ARPA IN 2024
For Next Gen Marketplaces
Madrid 2023
Today’s
Speakers
Cecilia West
Director of Global Accounts
Platinum
Sponsor
James Gray
Director of Global Marketplaces
Global Expertise in Marketplaces
Real Estate
Insurance
Financial Services
Hospitality
Home Services
Healthcare
Auto
Call Tracking
Evolution
1990-2000
Main Business
Goals
Were leads coming from ad spend?
What channel led to the call?
Advertising
Attribution
Asking callers
“How did you hear about us?”
Manual
Work
Counting calls or entering
data into spreadsheets
One
Number
Used across all demand
generation channels
2000-2020
Digital Call
Tracking
Automatic
Counting
And displayed in a
dashboard
Call
Duration
Many numbers to track
multiple channels
Tracked in minutes
Calls
Recorded
Spot checking on quality of
<5% of calls
SMS
begins to play a role in
customer engagement
tracking
Integrations
CRM & other
workflows
2020 & Beyond
Advertising
Proliferating
All Channels
Trackable
With precision about
advert interest
Buyer
Profiles
In traditional media, social
media, sponsored events
caller lookups cross checked
with other information to
build ‘ideal buyer profiles’ for
make/model
AI
Used
On 100% of calls, SMS
& emails
AI
Analysis
Customer service, quality,
dealer responsiveness &
test drive rates evaluated
Integrations
Data fully integrated with
enterprise workflow tools
iovox is an
innovative leader
in the modern era
of ‘Call Tracking’
100+
Countries
400+
Customers
Tier 1
Carrier
2007
Established
Global
Offices
How to build,
maintain and
boost ARPA
Gather Data
Building Block 1
Gather Data
• Consumers visit your website
& places call to inquire about
a property via iovox number
1. CONTACT
• Calls forwarded to
advertiser's phone via call
rules
• Whispers played for brand
awareness
• Branded missed call alerts
sent to advertisers
2. FORWARD
• Dashboard visibility on:
• Properties of interest
• Call duration
• Quality of call handling
• Best performing advertisers
• Unique callers
• Voicemail detection
3. ANALYTICS
Building Block 1
Building Block 1
Gather Data
Foundational service for
knowing:
This is the basic data with which you
should be positioning your value to
customers
Talk time
(2+ mins)
% of leads by
phone
(40-55%)
Lead volumes for
each advertiser
# of brand
“whispers” per
month
(c:3 Million+)
# of answered calls
(75%)
# of missed calls
with branded
missed email alerts
(25%)
Building Block 2
Gather Data
More Data, More Value
Building Block 2
More Data, More Value
1. CONTACT
• Consumers visit your
website & places call to
inquire about a property
via iovox number
2. FORWARD
• Calls forwarded to
advertiser's phone via call
rules
• Whispers played for brand
awareness
• Branded missed call alerts
sent to advertisers
4. AI / KEYWORDS
• Conversational AI identifies
keywords / phrases that
match criteria & triggers
action you’ve defined
3. PREPARE
• Calls are recorded and
transcribed
5. INSIGHTS
• Call data can be analyzed
with iovox Insights to
spot trends & predict
outcomes
6. ANALYTICS
• Dashboard visibility on
properties of interest, call
duration, quality of call
handling, best performing
advertisers, unique callers, &
voicemail detection.
Building Block 2
More Data, More Value
Advertiser Data
• Lead volumes *and* value
• Purpose of every call
• Advertiser’s call handling
performance
• Increase answered call rates
• Ad strategies to increase
engagement
• Resell other lead
opportunities
Value to you as the
Marketplace Provider
• Clear, quantifiable evidence
of the value from advertising
on your platform
• Actionable data to improve
operating performance
• Identification of other
monetisation opportunities
• Knowledge of the outcome
of every call
Value to your Advertiser
Opportunity to Increase ARPA
More Data = More Value, More Revenue, More Retention
Building Block 3
Gather Data
More Data, More Value
Full Monetization
Building Block 3
Full Monetization
How do you monetize all
this data?
Call tracking and
analytics becomes a
new revenue stream
for your business
Create your own
branded call analytics
package to:
Sell to
agencies to
make them
more
efficient
Sell to
private
sellers to
help protect
their privacy
Building Block 3
Full Monetization
A Real World Example
Marketplace has a set of
criteria for every call, after
using iovox, they knew:
• If agent introduced themselves,
the company, and ended call
with a ‘thank you’
• Contact details of the caller for
cross referencing with CRM
• Was viewing was discussed
• Was viewed was booked
• Did buyer need a mortgage
• Did caller have a property to
sell/let
• Was a contract requested
• Was an offer made
• What’s the value of property
being discussed
• What’s the buyer's intent
This information is so valuable
to the estate agencies, that the
marketplaces are private
labeling the iovox platform and
selling the solution for €100s
per month per location.
Multi-million € opportunity
for the marketplace
We’ve talked about the journey of Call Tracking
Building Block 1 – Gather the Basic Data
Building Block 2 – Data + Opportunities
Building Block 3 – Monetize the data collected
Summary
THANK YOU
www.iovox.com
Madrid 2023

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Property Portal Watch Madrid 2023 - ARPA Workshop

  • 1. 3 STRATEGIES TO IMPROVE ARPA IN 2024 For Next Gen Marketplaces Madrid 2023
  • 2. Today’s Speakers Cecilia West Director of Global Accounts Platinum Sponsor James Gray Director of Global Marketplaces
  • 3. Global Expertise in Marketplaces Real Estate Insurance Financial Services Hospitality Home Services Healthcare Auto
  • 5. 1990-2000 Main Business Goals Were leads coming from ad spend? What channel led to the call? Advertising Attribution Asking callers “How did you hear about us?” Manual Work Counting calls or entering data into spreadsheets One Number Used across all demand generation channels
  • 6. 2000-2020 Digital Call Tracking Automatic Counting And displayed in a dashboard Call Duration Many numbers to track multiple channels Tracked in minutes Calls Recorded Spot checking on quality of <5% of calls SMS begins to play a role in customer engagement tracking Integrations CRM & other workflows
  • 7. 2020 & Beyond Advertising Proliferating All Channels Trackable With precision about advert interest Buyer Profiles In traditional media, social media, sponsored events caller lookups cross checked with other information to build ‘ideal buyer profiles’ for make/model AI Used On 100% of calls, SMS & emails AI Analysis Customer service, quality, dealer responsiveness & test drive rates evaluated Integrations Data fully integrated with enterprise workflow tools
  • 8. iovox is an innovative leader in the modern era of ‘Call Tracking’ 100+ Countries 400+ Customers Tier 1 Carrier 2007 Established Global Offices
  • 9. How to build, maintain and boost ARPA
  • 11. Gather Data • Consumers visit your website & places call to inquire about a property via iovox number 1. CONTACT • Calls forwarded to advertiser's phone via call rules • Whispers played for brand awareness • Branded missed call alerts sent to advertisers 2. FORWARD • Dashboard visibility on: • Properties of interest • Call duration • Quality of call handling • Best performing advertisers • Unique callers • Voicemail detection 3. ANALYTICS Building Block 1
  • 12. Building Block 1 Gather Data Foundational service for knowing: This is the basic data with which you should be positioning your value to customers Talk time (2+ mins) % of leads by phone (40-55%) Lead volumes for each advertiser # of brand “whispers” per month (c:3 Million+) # of answered calls (75%) # of missed calls with branded missed email alerts (25%)
  • 13. Building Block 2 Gather Data More Data, More Value
  • 14. Building Block 2 More Data, More Value 1. CONTACT • Consumers visit your website & places call to inquire about a property via iovox number 2. FORWARD • Calls forwarded to advertiser's phone via call rules • Whispers played for brand awareness • Branded missed call alerts sent to advertisers 4. AI / KEYWORDS • Conversational AI identifies keywords / phrases that match criteria & triggers action you’ve defined 3. PREPARE • Calls are recorded and transcribed 5. INSIGHTS • Call data can be analyzed with iovox Insights to spot trends & predict outcomes 6. ANALYTICS • Dashboard visibility on properties of interest, call duration, quality of call handling, best performing advertisers, unique callers, & voicemail detection.
  • 15. Building Block 2 More Data, More Value Advertiser Data • Lead volumes *and* value • Purpose of every call • Advertiser’s call handling performance • Increase answered call rates • Ad strategies to increase engagement • Resell other lead opportunities Value to you as the Marketplace Provider • Clear, quantifiable evidence of the value from advertising on your platform • Actionable data to improve operating performance • Identification of other monetisation opportunities • Knowledge of the outcome of every call Value to your Advertiser Opportunity to Increase ARPA More Data = More Value, More Revenue, More Retention
  • 16. Building Block 3 Gather Data More Data, More Value Full Monetization
  • 17. Building Block 3 Full Monetization How do you monetize all this data? Call tracking and analytics becomes a new revenue stream for your business Create your own branded call analytics package to: Sell to agencies to make them more efficient Sell to private sellers to help protect their privacy
  • 18. Building Block 3 Full Monetization A Real World Example Marketplace has a set of criteria for every call, after using iovox, they knew: • If agent introduced themselves, the company, and ended call with a ‘thank you’ • Contact details of the caller for cross referencing with CRM • Was viewing was discussed • Was viewed was booked • Did buyer need a mortgage • Did caller have a property to sell/let • Was a contract requested • Was an offer made • What’s the value of property being discussed • What’s the buyer's intent This information is so valuable to the estate agencies, that the marketplaces are private labeling the iovox platform and selling the solution for €100s per month per location. Multi-million € opportunity for the marketplace
  • 19. We’ve talked about the journey of Call Tracking Building Block 1 – Gather the Basic Data Building Block 2 – Data + Opportunities Building Block 3 – Monetize the data collected Summary