OmniChannel Marketing Strategies A 7 Step Guide For Moving Beyond Just Paid Search ©2014 MEDIAMATH INC. 1 About Me VP, Marketing @ MediaMath 4 Years Marketing @ Magento Focused on using technology aggressively to achieve better results @dessner Today’s Goal: 7 Tips You Can Use Tip 1: Look Beyond the Bottom of the Funnel % of Digital Budget Allocated to PPC Up to 10%, More than 10% 50%, 19% 11% to 20%, 19% 21% to 30%, 19% 41% to 50%, 17% 31% to 40%, 14% Source: The State of Retailing Online 2014,” a Shop.org study conducted by Forrester Research Full Funnel Marketing Purchase Comparison Evaluation Consideration Research Awareness Tip 2: Focus on Outcomes, Not Efforts Shift Thinking and Metrics From To Efforts Cost Per Channel / Cost Per Action Marketing Costs CPM / CPC Results ROI Per Channel / Revenue Per Action Marketing Investments ROI Tip 3: Master The Buyer’s Journey Prospecting (Lookalikes) • Full customer life-cycle, real-time audience building and buying Site Visitors (Remarketing) Retention (Re-engaging) Step 4: Compose Your Stack Complement the Commerce Platform Mail DMP SEO / SEM OMS Display Content/CMS Mobile Recommendations Social Promotions Video Instore/POS Analytics Attributions CRM Tip 5: Build the Right Team Title: Chief Marketing Technology Officer The love child of the CMO and CTO Title: Database Marketing Can combine old-school DB technology with new-school digital channels Focused on building and maintaining robust segments that are addressable in email, in your store and online Brings disparate customer data into a single view – DMP, commerce, CRM, POS Title: Data Management Data quality and cleanse Data append Normalization Integration Title: Business Intelligence Turns data into actionable insights Audience-specific insights COE for analytics across the team Title: Integrator Eats, sleeps, and breathes APIs Connects various SaaS and on-premise solutions Tip 6: Activate Your Data Tip 7: Measure Properly Reliance on Single Touch Attribution Multi-Touch 35% Last / First Touch Only 65% Source: The State of Retailing Online 2014,” a Shop.org study conducted by Forrester Research 7 Tips for Omnichannel Marketing 1. 2. 3. 4. 5. 6. 7. Take a Full-Funnel Approach Outcomes Not Efforts Master the Buyer’s Journey Compose Your Stack Build the Right Team Put Your Data to Work Measure Properly Thank You [email protected]
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