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Bridging the Paid Search Gap WEBINAR: April 2, 2014

Bridging the Paid Search Gap

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Kelsey Analyst Abid Chaudhry teams up with Digital Marketing & eCommerce Consultant Janelle Laguette and Invoca CMO Eric Holmen. Learn how to maximize your paid search efforts and close the loop on conversions with call based intelligence.

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Page 4: Bridging the Paid Search Gap

4© 2014 BIA/Kelsey. All Rights Reserved.@Invoca #PaidSearchGap

Meet the Panelists

ABID CHAUDHRYSenior Director of Industry Strategy & Insight, BIA/Kelsey

Expert on local media and advertising

Worked with small businesses and publishers to create new, innovative ways to advertise and market local products and services online

Held various roles within local media companies, focusing on product management, marketing and strategy

Managed both $100M+ product portfolios and fledgling startup businesses

Page 5: Bridging the Paid Search Gap

5© 2014 BIA/Kelsey. All Rights Reserved.@Invoca #PaidSearchGap

Meet the Panelists (continued)

ERIC HOLMEN

CMO, Invoca

20+ years experience in SaaS Digital Marketing

Former SVP of Marketing & Sales at Silverpop, President & CMO at SmartReply

Multiple patent holder for marketing processes and innovations

Page 6: Bridging the Paid Search Gap

6© 2014 BIA/Kelsey. All Rights Reserved.@Invoca #PaidSearchGap

Meet the Panelists (continued)

JANELLE LAGUETTE

Digital Marketing & eCommerce Consultant

Digital Marketing & eCommerce Consultant

10+ years in Digital Marketing 

Former Director of Search & Strategic Marketing at Citrix

Member Google Tech Council

Page 7: Bridging the Paid Search Gap

7© 2014 BIA/Kelsey. All Rights Reserved.@Invoca #PaidSearchGap

About BIA/Kelsey

Information on the Market Industry and Market Forecasts, SMB

Research, Consumer Studies, Market Data

Information on the Competition Competitive Intelligence

Innovation & Best Practices Reports, Advisory, Conferences

Insights & Analysis Concierge Service, Advisory & Custom

Research

Funding Investment Banking & Mezzanine Funding

Delivering Services That Drive Growth & Revenue

RESULT

Accelerating our clients’ business growth & financial bottom line

Page 8: Bridging the Paid Search Gap

8© 2014 BIA/Kelsey. All Rights Reserved.@Invoca #PaidSearchGap

About Invoca

Integrated & Partnered with Leading Technology Solutions, Including:

Hundreds of Customers, Including:

Invoca is the Leader in Inbound Call Intelligence Helping marketers connect the dots between online and offline activity, so they can make more informed decisions and better optimize their marketing spend

Page 12: Bridging the Paid Search Gap

12© 2014 BIA/Kelsey. All Rights Reserved.@Invoca #PaidSearchGap

Source: Google Adwords, Sept. 2013

Purchase Immediacy Key in Mobile Search

55%

70% of mobile searchers report they click to

Among purchase related conversions that result from mobile search,

happen within an hour of the initial search

call directly from the mobile search results page on their device

Page 14: Bridging the Paid Search Gap

14© 2014 BIA/Kelsey. All Rights Reserved.@Invoca #PaidSearchGap

Inbound Phone Calls Significantly More Valuable Than Clicks

Calls convert at a much higher rate than clicks and at a higher average order value

1-2% of clicks convert to customers

30-50% of calls convert to customers

Education

Home services

Insurance

Financial Svcs

$100+

$5-$10

$50-100

$3-$5

$50-75

$2-$4

$30-50

$1-$3

Source: Google, 2012; Invoca, 2013

What Advertisers Are Willing To Pay For CALLS vs. CLICKS

Page 16: Bridging the Paid Search Gap

16© 2014 BIA/Kelsey. All Rights Reserved.@Invoca #PaidSearchGap

Customers Are Calling. How Does Marketing Measure Them?

How do you know which keywords, media & purchase paths are delivering the best inbound phone calls?

How would you know a qualified phone call from an unqualified one?

Can you differentiate between customers needing support & buyers looking for information as a call is coming in?

Page 17: Bridging the Paid Search Gap

17© 2014 BIA/Kelsey. All Rights Reserved.@Invoca #PaidSearchGap

A Marketer’s Current Toolset

$300 Billion +online/offline ad spend driving

30 Billion +inbound sales calls toFortune 5000 advertisersand SMBs

Bid Management Tag ManagementGoogle AdWordsAnalyticsMarketing AutomationCRM

Track ONLINEEfforts

Page 18: Bridging the Paid Search Gap

18© 2014 BIA/Kelsey. All Rights Reserved.@Invoca #PaidSearchGap

Frequently

Occassionally

Rarely

No

Not sure

0% 10% 20% 30% 40% 50%

46.3%

28.3%

12.3%

10.6%

2.5%

Track Sources of Business Leads

Source: BIA/Kelsey Local Commerce Monitor™ (LCM) Wave 17, Q3/2013 (and prior waves, if relevant). Methodology: Online panels. Q204. Sample Size = 494

Page 19: Bridging the Paid Search Gap

19© 2014 BIA/Kelsey. All Rights Reserved.@Invoca #PaidSearchGap

Source: BIA/Kelsey Local Commerce Monitor™ (LCM) Wave 17, Q3/2013 (and prior waves, if relevant). Methodology: Online panels. Q204. Sample Size = 568

Quality Assessment of Lead Sources

Calls Online Form SEM0%

20%

40%

60%

80%

100%

33.6%41.8%

64.3%

38.4%

38.7%

22.5%

28.0%19.5%

13.2%

Poor/Fair/NA Good Excellent

Excellent

Good

Fair/Poor/NA

Page 20: Bridging the Paid Search Gap

20© 2014 BIA/Kelsey. All Rights Reserved.@Invoca #PaidSearchGap

1 in 5 Calls is High Quality. Advertisers Need to Know Which Ones.

% of calls from search for a typical business

21%

52%

8%

19%

Accidental Call

Short Sales Call

Call with basic information

request

InvocaClients Have

Similar Patterns

Call with Basic Information Request High-Quality

Sales Call By a New Lead

Source: BIA/Kelsey 2012

Page 22: Bridging the Paid Search Gap

22© 2014 BIA/Kelsey. All Rights Reserved.@Invoca #PaidSearchGap

Call Tracking & Analytics

Programmatic Marketing Automation

Integrations & Synchronizations

Expanded Channel Distribution: Get More

Four Key Components:

Page 23: Bridging the Paid Search Gap

23© 2014 BIA/Kelsey. All Rights Reserved.@Invoca #PaidSearchGap

Knowing precisely where calls come from – which exact keyword, ad, channel, and content – and knowing who the buyer is in their purchase path.

More than call tracking – marketing analytics.

ATTRIBUTION: Call Tracking & Analytics

Four Components of Value

Page 24: Bridging the Paid Search Gap

24© 2014 BIA/Kelsey. All Rights Reserved.@Invoca #PaidSearchGap

Optimizing to Death… Literally

AFTER INBOUND CALL INTELLIGENCE Revisited old pruned keywords Found some where MORE valuable

because they were generating inbound calls, but disappearing from search

Returned an immediate pipeline to sales

BEFORE INBOUND CALL INTELLIGENCE Tracking tens of thousands of keywords

and long-tail keywords, with phone number in ad

‘Pruning’ keywords when they don’t perform

Largest tech company in their category: heavy Salesforce.com users

Page 25: Bridging the Paid Search Gap

25© 2014 BIA/Kelsey. All Rights Reserved.@Invoca #PaidSearchGap

How It Works: Pre-Call

Buyer searches a keyword.Google search ad appears with a unique Invoca number populated directly into the ad.

Call

Invoca inbound calls 888-675-2007 1

2

3

Page 26: Bridging the Paid Search Gap

26© 2014 BIA/Kelsey. All Rights Reserved.@Invoca #PaidSearchGap

Once a call starts heading into the funnel over Invoca, we derive and apply data, run data-dips, score the call, and determine optimal routing rules.

After the call, we run re-targeting online based on the call disposition – true multi-channel real-time automation.

INTELLIGENCE: Programmatic Marketing Automation

Four Components of Value

Page 27: Bridging the Paid Search Gap

27© 2014 BIA/Kelsey. All Rights Reserved.@Invoca #PaidSearchGap

Who Gets the Call?

AFTER INBOUND CALL INTELLIGENCE Callers are filtered for quality and intent Calls are handled differently depending

on hours, geographical location, user profile

Best callers speak to sales, faster

BEFORE INBOUND CALL INTELLIGENCE All calls transferred to main switchboard Delays while caller listens to menu options Unqualified callers waste time of sales team

Real-time filtering & routing to match the right callers with the right recipients

Page 28: Bridging the Paid Search Gap

28© 2014 BIA/Kelsey. All Rights Reserved.@Invoca #PaidSearchGap

Integrated natively, off-the-shelf APIs, and custom APIs, Invoca delivers two-way integrations with the widest set of marketing automation, CRM, and marketing technology partners to complete our customers true multi-channel marketing.

INTEGRATIONS: CRM, MA & Analytics

Four Components of Value

Page 29: Bridging the Paid Search Gap

29© 2014 BIA/Kelsey. All Rights Reserved.@Invoca #PaidSearchGap

How It Works: In-call

Real-time scoring integration and routing inbound calls

Scoring Detailed Data Additional

Qualification

Salesforce Marketo Eloqua Tealium Ensighten Marketing Tech

Sync Integrations With:

Routing to the Right Destination

mill

isec

onds

for

the

com

plet

e te

ch p

roce

ss

Marketer has visibility into the entire process to make informed decisions how best to optimize their marketing/advertising spend to drive more, better inbound calls.

How It Works: Post-call

Page 30: Bridging the Paid Search Gap

30© 2014 BIA/Kelsey. All Rights Reserved.@Invoca #PaidSearchGap

Beyond Keyword Tracking…

Completely optimize your Marketing Automation with custom parameters to follow your users across their entire journey

Page 31: Bridging the Paid Search Gap

31© 2014 BIA/Kelsey. All Rights Reserved.@Invoca #PaidSearchGap

Over 60,000 publishers already on the platform creating quality inbound calls for advertisers.

We connect the advertiser to the distribution partners.

EXPANSION: Channel Distribution

Four Components of Value

Page 34: Bridging the Paid Search Gap

34© 2014 BIA/Kelsey. All Rights Reserved.@Invoca #PaidSearchGap

How much potential value from inbound calls are you missing?

Visit www.invoca.com to request a demo or call (877) 503-2439.

Your Turn to Try

Invoca Inbound Call Revenue Calculator:

http://www.invoca.com/paid-search-gap

Page 35: Bridging the Paid Search Gap

35© 2014 BIA/Kelsey. All Rights Reserved.@Invoca #PaidSearchGap

Engaging Going Forward

Upcoming Research & ActivitiesU.S. Local Media Forecast (2014-2018)

Comprehensive, 5-year view of the local media landscape 

LEADING IN LOCAL: The National Impact - Atlanta | May 7-9 Examine the latest innovations and digital strategies for targeting local markets

and customers

Save $200 on registration with code: SEARCH

GROUNDBREAKING EVENT FOCUSED ON National Brands.

Local Marketing.

Visit www.biakelsey.com to view recent research, reports and upcoming conferences or call (800) 331-5086.

Page 36: Bridging the Paid Search Gap

36© 2014 BIA/Kelsey. All Rights Reserved.@Invoca #PaidSearchGap

How much potential value from inbound calls are you missing?

Visit www.invoca.com to request a demo or call (877) 503-2439.

Q&A

Invoca Inbound Call Revenue Calculator:

http://www.invoca.com/paid-search-gap