MarketingSherpa Blog

How can you attract more traffic to your ecommerce store? How can you improve conversion on the traffic you’re currently getting? At IRCE (Internet Retailer Conference + Exhibition) 2014, we sat down with 39 marketers and ecommerce experts to bring you actionable ideas to improve your results.

To help you prepare for IRCE 2015, today on the MarketingSherpa blog I’m taking a look back at a few of the key lessons I learned from the interviews at last year’s event.

Lesson #1: User-generated content is not free labor for marketers

User-generated content. Community-sourced content. It’s been called many things, but brands have found success by encouraging customers to create their own content and share it with their peers.

No site has been better at this than Wikipedia, which refers to the practice as collaborative writing by volunteers. “The free encyclopedia that anyone can edit” gets the sixth most traffic in the world, according to Alexa.

I asked Jimmy Wales, CEO and Founder, Wikipedia, what advice he would give to marketers looking to engage their audience to create content.

Jimmy likened the typical approach of crowdsourcing to, “It’s sort of like if you opened up a bowling alley and you said, ‘Gee, we’ve got all this bowling to be done. How are we going to trick people into bowling for us.’ Instead you say, ‘Well, wait. What do people want? They want leisure time activity, beer and a hot dog. They want it to be family friendly. They’d like to have a league so they can compete with other teams and so on.’ So you think, ‘What’s the infrastructure we can build here? We’ll offer a bowling league, we’ll make sure there’s hot dogs and beer.’ And people will come, because you’re thinking about what they need first.”

“Don’t think about the work you would like people to do. Think about what it is people want to do and how you can empower them to do that,” Jimmy advised.

Read more…

A few moments after her featured speaker session at MarketingSherpa Email Summit 2015, Shawna Dahlin, Senior Email Marketing Manager, Microsoft Store, sat down at the Media Center with MarketingSherpa Reporter Courtney Eckerle to discuss why it’s so important for marketers to recognize problems and implement changes to their email campaigns as soon as they can.

Why shouldn’t marketers wait until everything is set up perfectly to implement program changes?

“It’s never too soon to start being relevant to your customer,” Shawna explained.

A lot of lists are “leaky buckets.” With every email send that isn’t relevant to the customer, you risk losing them forever. With the technology available today, marketers now have the ability to use data to find out what their customers are interested in and segment their email sends to make those sends more personalized.

Even the tiniest bit of data can be converted into a big win. “You can’t wait. You’ll have to do everything you can to be ever, just a little bit, more relevant so you don’t lose them out of your database,” she said.

Read more…

What assumptions do you make about your customers? Your competitors? Your industry in general? More importantly, what do those assumptions cost you?

At MarketingSherpa, we write case studies to help you execute your marketing strategy.

We also talk to writers, researchers and, well, renegades to help you challenge those assumptions and create an effective strategy to begin with.

I’m talking about people like Stephen J. Dubner. Not only has Dubner learned about economic theory and customer behavior as co-author of Freakonomics: A Rogue Economist Explores the Hidden Side of Everything and, more recently, Think Like a Freak, but he’s also a very successful digital content creator in his own right as host of the Freakonomics Radio podcast, which nets more than 5 million downloads per month.

Customer behavior. Digital content. Sounds like a guy who could offer a few words of wisdom to email marketers to help them challenge their potentially costly assumptions. I sat down with Dubner at the Media Center at MarketingSherpa Email Summit 2015 before his featured speaker session later that morning:

Read more…

Brands are not solely defined by corporate executives and marketing campaigns but by communities that are loyal to the brand and the perception of those communities by society.

These communities are never static. As the major purchasing power shifts from one generation to the next, brands need to evolve in order to ensure the survival of their market share.

Toy brands, for example, are excellent at targeting the next generation. They rely on detailed research and outreach programs to make sure their brand loyalty continues. These companies also rely on the nostalgia of parents who played with the toys when they were younger.

But what about brands with a loyal brand population that don’t have a natural turnover rate from parent to child? How can these brands prepare themselves for a major generational shift?

That major generational shift is already on its way. Baby boomers — Americans born post-World War II to around 1964 — are retiring in vast numbers. Right now, there are 40 million Americans aged 65 and older. These citizens make up 13% of the population, according to Census.gov. By 2030, the 65+ age group will climb to 20% of the population and become the single biggest age demographic, following “the greying trend” of other fully industrialized countries around the world.

This represents a major shift in purchasing power. Brands that rely on baby boomers as their core demographic have been aware of the coming shift for years.

But few have begun to prepare for it as successfully as Harley-Davidson Motor Company.

Harley-Davidson is an iconic American brand that truly grew into its legendary status right after World War II — growing up alongside baby boomers.

Harley-Davidson, INC (HOG): Geared Up For a Strong Ride, Scutify (2014)

Read more…

Listen to your customers. That must seem like an obvious statement to most marketers.

However, taking into account the variables under which your performance is judged, how much can you really listen? Time and time again, I have seen many marketers find that KPIs conflict with what their customers really want.

In this MarketingSherpa Blog post, we will explore a few key instances from companies in various stages of maturity where focus on customers predominantly contributed toward subsequent success.

The underlying truth of the above statement is profound whether implied in the business sense, the entrepreneurial sense or even the “Terminator” sense from which this phrase emanates. In this day and age, if you want your business to live, you must listen to your customers.

The Customer Voice at Launch: The case of Yelp

As is the story for many startups, (including Twitter, which was originally a podcasting platform called Odeo), the Yelp we know and value today was not what its founders initially intended for it to be.

Read more…

A blinking cursor on a blank page is a terrifying sight for a writer. It’s like having arachnophobia and someone putting a spider in your hair. The struggle is, in fact, real.

The good news is that, as marketers, we have it easy. Customers are telling you what they want to hear, and it’s only a matter of listening to what they’re saying. Sounds simple, right? I can practically hear everyone mentally (or maybe actually) murmuring, “Duh.”

However, when it comes to talking about tactics for making customers the genesis of content, every marketer I have interviewed for a case study or blog post — and there have been many — has made me dig deeper. That’s because this is an issue so many content creators struggle with in execution.

Whether it’s email, blogs, social media or any of the other seemingly endless channels, the main point is to have a conversation. Be engaging.

I recently wrote a case study for our Email Marketing newsletter with JustAnswer. Seeing as how it’s a service where customers come to the site to ask questions, you would think creating content would be simple. One of the best tips for coming up with content is to simply answer customer questions.

However, with so many questions being asked and topics including law, mechanics, medical (both humans and animals), plumbing and technology, just to name a few, the options are dauntingly endless, forcing marketers to be creative with their tactics.

Below is bonus material from the case study about how the JustAnswer team approaches content creation — both email and otherwise.

Read more…

Even though the Internet Retailer Conference and Exhibition (IRCE) 2014, the world’s largest ecommerce event, was held during the FIFA World Cup in Brazil, more than 60 Brazilians made it to the conference.

The contingent was led by Priscila Inserra, Executive Director, and Renato Gonzaga, President, Concierge Brazil. The goal of their organization is to advance Brazil’s digital marketing by exposing executives to knowledge gathered at ecommerce events across the globe.

“Brazil is really growing in (the digital marketplace), and we are proud of it,” Priscila said. “We are starting to exchange experience. We don’t consider ourselves as mature as American companies, but we can learn a lot. We are taking as much content as we can back to the businesses in Brazil.”

Priscila was surprised by the event’s focus on technology.

“In Brazil, we focus a lot on marketing,” she explained. “America has tools that are much more sophisticated. But when we can join the expertise of the Brazilians and Americans, they will work well together.”

Watch the whole interview below: “Global Ecommerce: Developments in Brazil“

What is a brand?

Specifically, what is a brand in the 21st century, when we have the ability to converse directly with our customers?

Is it a product, a culture, a destination, service or ingredient? Or is it something more metaphysical? Steven Jones said in his book, Brand Like a Rockstar, that,

Brands are so much bigger than business, logos, names and locations. Brands go deeper, beneath the visible surface and exist in the mind. Brands are essentially perceptions and emotions. They are feelings and associations that come from interacting with a product or service.

A brand in the 21st century exists in the feelings customers get when they interact with a company’s product. It is a direct reflection of that company’s culture, value proposition and the individual personalities of its executives and employees that help shape the brand’s core values.

With the advent of social media, the cultural norms that dictate how a brand interacts with its customers have irrevocably changed the way we view it.

Brands have become more human, and today’s technology allows us to have a real-time conversation with our customers as well as allowing them to start a real-time conversation with us. This means brands are quicker to respond to the praise and critiques of marketing campaigns.

Recently, Starbucks had a social marketing campaign that focused on a desire to force its customers to talk about race. In the campaign, Starbucks had their employees write, “Race Together” on cups of joe.

The idea was that every time someone got a cup of coffee, it could be an opportunity to talk about the recent racial and social tensions that have recently gained traction in the national media.

The campaign failed spectacularly.

After only a week of near constant criticism, it came to an end. However, it didn’t harm the Starbucks brand. In fact, it reinforced the brand’s values in the minds of the public. Because Starbucks has crafted a socially-conscious brand image, it has often been criticized by taking a stance on socially divisive subjects.

However, for better or for worse, the company has taken a stance on social issues, which is the main fact perceived not only by customers but also the media at large. Failures have (so far) been forgiven.

The hardest part of managing a brand in the 21st century is with all the avenues we have available to interact with customers, ensuring that messaging reflects brand values.

Brands today can make jokes in social media, wish customers happy birthday and interact frequently with the online communities that support them. It is these communities in the end that help define the perception of the brand in the minds of other consumers. By developing relationships with them, brands can grow a brand image that will absorb the blows of bad campaigns and help gather steam to launch its next marketing idea.

Read more…

We don’t often think of business investors as marketing experts.

However, great marketing is grounded in a great value proposition. If anyone is good at finding a value proposition, it’s a (smart) potential buyer of a business. Great investors have a way of cutting through all the hype and finding the true value (or lack thereof) in a company.

It stands to reason, then, that a great investor would be a stellar resource to tap for your marketing efforts.

Enter Abe Garver, Managing Director, BG Strategic Advisors. Abe attended IRCE last year and was able to talk to former MarketingSherpa reporter Allison Banko about how ecommerce marketers can develop an acquisition mindset and help grow their business, whether they plan to sell or not.

In this interview he covers:

• How you value an ecommerce company
• The four keys to making your ecommerce company more investor friendly (and as a result, customer friendly)
• Why ecommerce companies aren’t really getting it right, and who really is

You might also like:

Vendor Selection: A 5-step process for choosing a marketing automation solution or agency

How a B2B Company Used Live Chat to Speed up the Sales Cycle

Marketing Research Chart: Clear communications and unconscious customer bias

Inbound Marketing: How Infochimps grew its database 94% in one year

There are a lot of decisions that go into putting on Email Summit. Millions, probably, if you go deep enough.

But they all come around with one objective: you. The attendees and people who are reading about, and following, the event.

In every discussion and decision, we were asking ourselves how it would affect the experience. Your experience. So it made sense that when it came time to pick speakers and give out the Email Summit Awards, sponsored by BlueHornet, that customer-centric campaigns were the ones that rose above the rest.

Fellow Email Awards judge Daniel Burstein, Director of Editorial Content, MarketingSherpa, and myself sat down on the steps of the (still under-construction) 2015 Email Summit Media Center to discuss some of our award winners and the customer-centric elements of campaigns featured at the Summit.

“The companies that focused on customers, that put their customers first, are the ones that ultimately have the sustainable competitive advantage,” Daniel said.

Our marketing compass points toward true customer-centricity, so it was important that marketers we featured held that same standard.

Daniel spoke about the B2B Award winner he has been working with over the past few months, Ferguson, and one of their main takeaways from their own event effort: Always look to enrich the customer experience.

Ferguson Enterprises generated more than $10 million and growing in online sales by enriching the customer experience within their 90 trade show events, which allowed Ferguson’s vendors to get in front of customers and promote their brands and products.

To accomplish that, Ferguson went from one email per event to a segmented series as well as optimized its onsite event registration for better retargeting.

Read the full case study here.

Read more…