28
@ecomIQ | #eIQ Welcome to Marketing Masterclass Presented by #eIQ

eCommerce IQ - JWK Slides

Embed Size (px)

Citation preview

Page 1: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

WelcometoMarketingMasterclass

Presentedby

#eIQ

Page 2: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

JoddyW.KusumoKeynoteSpeaker

InternetMarketingManager

Module3- IntrotoMaximizingtheMarketingMixPerformance Marketing (for Paid Channels)

Page 3: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

Module3MaximizingtheMarketingMix(Paid

ChannelsandEDM)

JoddyW.Kusumo,aCommerce

Page 4: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

1.OnlineChannelMix● Whatarethechannels?

● Whyinvestinthem?

2.HowtoMaximize?● Historicaldata● Optimization● Empathy

TableofContents

Page 5: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

#1RuletoWintheOnlineMarketing

Joddy Kusumo, Internet Marketing Manager

Page 6: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

1.Onlinechannelmix:● Whatarethechannels?● Whyinvest?

2.Howtomaximize● Historicaldata● Optimization● Empathy

Page 7: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

Onlinechannels

Online channels

“ProductChannelFit”

Thewrongmindset:Everyproductcanbesoldonallonlinechannelswiththesamemessaging.Knowingyour‘ecosystem’ towinthisgameandusedatatoanalyzewhichchannelsarebestforyourmessageandproduct.

Joddy Kusumo, Internet Marketing Manager

Page 8: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

Whatarethechannels?1.SEM(SearchEngineMarketing)

SEM(Search Engine Marketing)

SEO(Search Engine Organic)

Joddy Kusumo, Internet Marketing Manager

Page 9: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

Whatarethechannels?2.GDN(GoogleDisplayNetwork)

Banners will appear on websites

Joddy Kusumo, Internet Marketing Manager

Page 10: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

3.FacebookAds

News feed FB Ads

Whatarethechannels?

Joddy Kusumo, Internet Marketing Manager

Page 11: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

Whatarethechannels?4.DynamicRetargeting

1. You’ve added a watch and boots to ‘cart’ in MatahariMall.com

2. You’ll be retargeted by the ads, showing the watch. Whichever website you enter, you’ll see the ads.

Retargeting ads will appear on the websites you enter.

Joddy Kusumo, Internet Marketing Manager

Page 12: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

1.Onlinechannelmix:● Whatarethechannels?● Whyinvest?

2.Howtomaximize● Historicaldata● Optimization● Empathy

Page 13: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

WhyInvest?4KeyReasons1. More Control ● Targeting the audience● On setting the budget, ● Over time period

1. Reach More People ● Facebook fan page audience vs Facebook Ads target● Conventional publisher vs Google Display Network (GDN)

1. Instant Result ● SEM guaranteed on top of SERP vs SEO result would take > 3 months● Billboard vs GDN

1. Retargeting● Customer who dropped off on ‘Add to Cart’● Cross-selling product category

Joddy Kusumo, Internet Marketing Manager

Page 14: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

1.Onlinechannelmix:● Whatarethechannels?● Whyinvest?

2.Howtomaximize● GetHistoricaldata● Optimization● Empathy

Page 15: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

DataSource

Get your data from these sources, and utilize it to analyze, forecast, and optimize your online marketing.

Utilize raw data to be a useful information.

Joddy Kusumo, Internet Marketing Manager

Page 16: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

DataAnalysisObjective:Numberoforders

Channel 2: Google (SEM)

Channel 1: Facebook

Product category : Home appliances, home and living, and electronicsPrice range : IDR 25,000 - IDR 20,000,000Questions : 1. Which channel generates more number of order?

2. What is the most selling product on each channel?

[Key Learning Points]

FB channel is more fit for the Average Order Value < IDR 150,000

Based on # of orders and price range, FB is a better channel to push your certain product/service in order to persuade people to be impulsive buyers.

Total # of order (from top 5 selling items)= 175

Total # of order (from top 5 selling items)= 68

Sorting criteria: Number of order

Joddy Kusumo, Internet Marketing Manager

Page 17: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

Channel 2: Google (SEM)

Channel 1: Facebook Sorting criteria: Total Revenue

[Key Learning Points]

If you want to boost your high value products (revenue generator), you can allocate your budget more on SEM --specifically on Apple product.

DataAnalysisObjective:RevenueProduct category : Home appliances, home and living, and electronicsPrice range : IDR 25,000 - IDR 20,000,000Questions : 1. Which channel generates more revenue?

2. Which product generates more revenue on each channel?

Joddy Kusumo, Internet Marketing Manager

Page 18: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

1.Onlinechannelmix:● Whatarethechannels?● Whyinvest?

2.Howtomaximize● Historicaldata● Optimization● Empathy

Page 19: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

Optimization

1. Audience Segmentation2. Attribution Model Analysis 3. Budget Allocation 4. Bidding Modifier

Joddy Kusumo, Internet Marketing Manager

Page 20: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

AudienceSegmentationOptimizeyourpurchaseandcheckoutfunnel

Use these data (pool audience) as a new Audience for Retargetingpurposes to encourage them to complete purchase

Joddy Kusumo, Internet Marketing Manager

Page 21: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

AudienceSegmentationDifferentMessage.Relevancyiscrucial!

Different message will appear to different target visitor

Joddy Kusumo, Internet Marketing Manager

Page 22: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

AttributionModelAnalysisAssisted Conversion vs Direct Conversion

Conversion Path (e.g. Facebook Ads)

Joddy Kusumo, Internet Marketing Manager

Page 23: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

BudgetAllocation

Revenue Generator (Product)

Your budget allocation is based on your objective:● To boost your revenue → allocate more budget on Apple product

Usethe ParetoPrinciple(therule80/20)

Joddy Kusumo, Internet Marketing Manager

Page 24: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

SavingmoneyonpaidcampaignsDays

Hours

Number of clicks

Hours in a day

Clic

ks

The lowest number of clicks happen on Sunday.

Actionable insight: Consider to decrease the bid on Sunday!

Analyzeyourcampaignseverydaytooptimize.

Joddy Kusumo, Internet Marketing Manager

Page 25: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

1.Onlinechannelmix:● Whatarethechannels?● Whyinvest?

2.Howtomaximize● Historicaldata● Optimization● Empathy

Page 26: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

MetricsAre…?

PEOPLE

Joddy Kusumo, Internet Marketing Manager

Page 27: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

HowtoMaximizeMixPaidChannels

“The truth is, Best Practice is a TRAP!Don’t settle, don’t assume, just TEST -- then OPTIMIZE based on historical data performance (Data-Driven Decision).”

Empathy=

Customer

Test

HistoricalData

Optimize

Advertise

Analyze(Dataprocessing)

Actionableinsights

Joddy Kusumo, Internet Marketing Manager

Page 28: eCommerce IQ - JWK Slides

@ecomIQ| #eIQ

Thank YouEmail:[email protected]

JoddyW.KusumoInternetMarketingManager,aCommerce