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WiFi ACCESS CODE: LQ Digital The Top Ways to Optimize Your Pay Per Call Campaigns.

The top Ways to Optimize Your Pay Per Call Campaigns

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Page 1: The top Ways to Optimize Your Pay Per Call Campaigns

WiFi ACCESS CODE: LQ Digital

The Top Ways to Optimize Your Pay Per Call Campaigns.

Page 2: The top Ways to Optimize Your Pay Per Call Campaigns

Sean GeraghtyDirector, Customer Success Advisory ServicesInvoca

Eric EvansCEOHyperTarget Marketing

Page 3: The top Ways to Optimize Your Pay Per Call Campaigns

Industry Trends Driving Pay Per Call Growth$4.5 billionBy this end of 2016, affiliate marketing spend will reach $4.5 billion162 billionAnnual calls to business form smartphones will reach 162 billion by 2019$64.6 billion$64.6 billion is spent annually to generate calls to business

54% of all calls to businesses came from mobile marketing efforts and 45% specifically came from mobile search

54%

Page 4: The top Ways to Optimize Your Pay Per Call Campaigns
Page 5: The top Ways to Optimize Your Pay Per Call Campaigns

Getting Started: Basic Optimization

Page 6: The top Ways to Optimize Your Pay Per Call Campaigns

How you structure payouts will have a dramatic effect on the success of your pay per call campaigns.

1. Structure Payouts to Drive Quality Traffic

CATEGORY RANGE AVERAGE

Cable/Satellite $0.00-$27.00 $9.30

Health Insurance $10.00-$40.00 $21.45

Rehab $24.00-$300.00 $102.02

Debt Consolidation $14.00-$41.00 $24.24

Home Protection $0.00-$60.00 $38.77

Source: Invoca Customer Ecosystem 2015

Page 7: The top Ways to Optimize Your Pay Per Call Campaigns

2. Establish Partnerships With Trustworthy Affiliates

Carefully evaluate new media partners and affiliates. Failing to do so will lose hard earned brand relationships due to bad traffic!

Page 8: The top Ways to Optimize Your Pay Per Call Campaigns

3. Review Performance

Page 9: The top Ways to Optimize Your Pay Per Call Campaigns

AlignMost marketers when reviewing the result of pay-per-call campaigns focus on duration. Are these conversations aligned with the goal of the campaign?ListenYou can learn a ton of information about your customers and traffic sources from call recordings.

Automate Look for keywords related to conversions, customer service call vs new sales call, testing new sales scripts.

TestStart with a small budget and parlay success into increasing partnerships and traffic.

Reward Compensate your top affiliates and partners for quality, not quantity. For example, think about incorporating a hybrid model where you payout with a combination of duration and conversion

Page 10: The top Ways to Optimize Your Pay Per Call Campaigns

Pay-Per-Call: Intermediate Steps

Page 11: The top Ways to Optimize Your Pay Per Call Campaigns

4. Know What a Quality Call Looks Like

● New vs Repeat Caller● Mobile or Landline● Caller’s Geographic Location

Page 12: The top Ways to Optimize Your Pay Per Call Campaigns

Some practical key indicators for call success include:

● Call duration

● Call volume

● Percent to margin (ROI)

● Conversion rate

● Timeline for measuring success

5. Define Success With The Right KPIs

Page 13: The top Ways to Optimize Your Pay Per Call Campaigns

● Keep prompts concise and free from industry jargon. ● Minimize the number of prompts. Simple is better. ● Put a customer service prompt up front to prevent existing

customers from clogging the sales line.

Am I speaking to Sean?

New reservation?

6. Optimize Your IVR to Increase Conversion Rates

Page 14: The top Ways to Optimize Your Pay Per Call Campaigns

Advanced Steps: Grow and Expand

Page 15: The top Ways to Optimize Your Pay Per Call Campaigns

7. Maximize Monetization

Bundling let’s you run non-branded campaigns that refer traffic to a number of advertisers within the same vertical.

Set the advanced logic to automatically route each call to the advertiser that is most likely to convert the call. It’s a win for the advertiser, the customer, and us.

Page 16: The top Ways to Optimize Your Pay Per Call Campaigns

8. Expand New Partnerships

Page 17: The top Ways to Optimize Your Pay Per Call Campaigns

9. Test, Test, Test!

Page 18: The top Ways to Optimize Your Pay Per Call Campaigns

RecapGetting Started1. Payout2. Partners3. Performance

Intermediate1. Focus on the data points of the call.2. Define your KPIs of the campaign3. Align the call treatment with the goals

of the campaign.Advanced1. Monetize 2. Grow and expand3. Test, test and test!

Page 19: The top Ways to Optimize Your Pay Per Call Campaigns

Q&A