This presentation is for those affiliates that want to compete in a more advance way. Listing is easy, and if it works it’s “free money” with little effort. But to really become an advanced affiliate you need to compete like a marketer and know and understand you traffic in a more advanced way
Advanced Conversions - Bill Yucatonis - Affilicon Fall 2008 - Presentation Transcript
Advanced Conversions: Testing, Techniques and Localization Bill Yucatonis Vice President of Marketing Everest Gaming
Unique International Focus
We focus on international markets and take great pride in our deep localization marketing expertise:
Since our creation in 1997, Everest Affiliates has become a reliable leader in international affiliate marketing.
Everest Affiliates offers Award-winning gaming platforms and a state-of-the-art affiliate portal.
Everything we do - software, websites, marketing materials and customer service – is localized in 15 languages.
June 6, 2009
We need each other – but things have changed.
Relies on 3 rd Parties
More the better
Control not needed
Chase the money
Loyalty not needed
One or two tricks
Brand Protection
Channel Conflict
Measure, Measure
Mistrust. Reliability.
Partnership
Robust (Agile) Machine
June 6, 2009 MARKETERS AFFILIATES
UNDERSTANDING CONVERSIONS WHAT ARE THESE LINES IN MY WEB LOGS?
Section 1:
June 6, 2009
What’s your test: Reverse Engineer to Find it.
Good News! You already know your best visitors.
June 6, 2009
Now work backwards.
Segment them.
How did they convert?
Where did they come from?
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Attack like a real life experience.
Question: If you had two retail stores selling the same product, and store A was outperforming store B, what do you do?
Answer: You analyze salespeople, location, signage, merchandising etc. Right!
Do you treat web marketing differently?
Many take the fire hose approach.
If 100 people come to my site and 5 do what I want, then to get 10 people to convert I need to drive 200 people to my site. I’ll just optimize my search rankings, right?
June 6, 2009
3 types of visitors to your website:
No’s: those that will never take a desired action
Yes’s: those that will always take a desired action
Maybe’s: those that just may take a desired action
No’s No-Maybe’s Maybe’s Yes – Maybe’s Current conversion rate Maximum conversion rate Focus Area June 6, 2009
Persuasive Architecture
Create Persuasive Momentum
Who are we trying to persuade?
What is the action we want someone to take?
What does that person need in order to feel confident taking that action?
Building the Momentum:
Driving Point
Funnel Points
Resolving Doors
Waypoints
Conversion Beacon
Conversion Point
June 6, 2009
My Golden Marketing Rule: Control EVERYTHING you can.
Campaigns that can be controlled Main Offer Navigation Homepage [front door] Custom Page [deep link] Enters your Site Warm Transfer Unknown traffic that can’t be directed Their Offer Conversion Be a traffic cop! Serve the most relevant as you can assume. This is where you test for certainty. Push your account manager to continue the custom momentum 1 2 3 June 6, 2009
The single biggest mistake advertisers have is not seeing their traffic as real people.
Personas act as a representative stand-in for a large class of representative visitors of your site
Name and picture
Demographics (age, ethnicity, family status)
Job title and professional responsibilities
Goals and tasks related to your site
Personal environment (physical, social, tech)
A quote that sums up this person – personality is key
June 6, 2009
Personas – see your customers as real.
Karl Schmidt Karl is in his early twenties and attends University. Karl cares about fashion, being “cool” and escaping every once in a while in his music or games. He’s an avid poker player.
20-year-old German college student
Single, but in a relationship
Clerk at a local internet café part-time
Influencer for new gadgets amongst his peers
Spends a lot of his time on the internet
Social networking is how he communicates with friends
Always wants the “latest and greatest” – fashion, gadgets, gear, etc
Quote: “Poker is cool because I can win money, have fun, and get an adrenaline rush anytime I want from campus”
June 6, 2009
Create a total impression of personality (locally). eCRM Every email and in-game communication Events Those that are supported and those that are created Media Where we engage consumers and how Activation WSOP Final table activation Home Assets Web sites, in-game and all owned-channels Creative Creative executions at all touch-points Team Everest Ambassadors being embodiment of brand It’s not about how much you spend …
TESTING AND ANALYSIS LET THE TESTING BEGIN – WAIT; HOW?
Section Two:
June 6, 2009
Getting Started Checklist
External Factors
Seasonal traffic or bumps?
Any major news or significantly new marketing?
Introducing any new products/services?
Competition landscape?
Traffic Sources and the Site
What sources will you use?
What’s the current baseline?
Anything off-limits?
What’s been tested in the past?
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Types of Variables
Page components
Page itself
Headline
Promotion
Banner or graphic (style,placement)
Content (keywords, tone, length)
Page Environment
Colors
Navigation
Structure
Legitimacy
June 6, 2009
Types of Testing
Just do it.
Creative Testing:
Pushing your partner to help you compete
Knowing why, where and what
Full Page/Full Site Testing:
A/B Split Testing
Compare design A to design B in its entirety
Multivariate Testing
Full factorial
Google Web Optimizer
Fractional factorial
Taguchi, Latin Squares, Plackett-Burman
June 6, 2009
Creative Testing
Push your program to help you understand what type of creative will work on your site. Hold us accountable , and test to prove it.
June 6, 2009
Full-Page A/B Testing
A simple A/B split test is the single most effective micro-testing technique that will help you optimize your conversion rate.
June 6, 2009
Full Page Multivariate Testing
A multivariate (MVT) test enables you to test multiple elements simultaneously.
You can test more elements at once, and you also get information about which elements were significant.
June 6, 2009
Selecting a Full Page Testing Method
A/B Testing
Less than 25 conversions per day
Testing a full page redesign
Testing less than 10 recipes
Testing just a single variable (e.g. offer or headline)
You only have the time or resources to do one test
Multivariate (full or fractional factorial)
>25 conversions per day
>10 recipes
Testing multiple page variables
Need to explain/understand main effects
June 6, 2009
There is no Free Lunch.
Sacrifice a small dip for a big gain.
Be willing to suffer short term gain for possible large long-term increases
Collect Enough Data.
Don’t watch the pot boil.
This is a common mistake that can lead to both incorrect assumptions, or worse: optimizing on the fly.
Get to a confidence level (90+%) you feel comfortable with
Don’t forget about delayed conversions.
Rev share comes in over time, so set milestones that you can benchmark results to.
CPAs may have hurdles as well.
June 6, 2009
Take a risk. Don’t settle.
Design for them. Be Local.
Through the lens of your customer.
Identify a control. Strive for better.
Leverage your account manager.
June 6, 2009 Bill Yucatonis Vice President of Marketing Itsik Akiva Business Development Manager Dorrit Borensztajn Regional Director
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