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LIVE WEBINAR
Finding & Acquiring The Right Leads For
Your Business
Navah Hopkins
| @navahf @HennesseyDgtl 2
A Bit About Me
Navah Hopkins
Director of Paid Media
| @navahf @HennesseyDgtl 3
Marketing Is Like A Dating Show
| @navahf @HennesseyDgtl 4
Behind Curtain #1…
| @navahf @HennesseyDgtl 5
Curtain #1: “The Pig in Lipstick”
• Meets very few or none of your
“good customer” criteria.
• Never going to buy, but
engages with sales team
anyway.
• Engages with all free content.
Sometimes complains on social
media about your marketing
efforts
| @navahf @HennesseyDgtl 6
Behind Curtain #2…
| @navahf @HennesseyDgtl 7
Curtain #2:“Beer Goggles”
• Meets most of your “good
customer” criteria.
• Not ready to buy now –
discovering the options for 1-2
years down the road.
• Engages with your free content.
| @navahf @HennesseyDgtl 8
Behind Curtain #3…
| @navahf @HennesseyDgtl 9
Curtain #3: Not So Easy
| @navahf @HennesseyDgtl 10
• Round 1: Identify Your Best Customers
• Round 2: Business Operations
• Round 3: Ad Copy + Landing Pages
Let’s Play PPC Matchmaker!
| @navahf @HennesseyDgtl 11
• The two questions you must ask yourself:
• What types of businesses are you after?
• What types of “bogus” leads make your blood
boil?
Industry Identification
| @navahf @HennesseyDgtl 12
• How might the ideal
customer search?
• How does the wrong
customer search?
Put Yourself In Their Shoes
| @navahf @HennesseyDgtl 13
| @navahf @HennesseyDgtl 14
Different Ways Of Searching Have Different
Auction Prices
Based on $369
spend between
October 25th and
November 23rd 2019
| @navahf @HennesseyDgtl 15
In-Market & Custom Affinity Audiences Save The Day!
| @navahf @HennesseyDgtl 16
Budget Accordingly!
• Intent campaign
• Maximize
impression share
• General campaign
• Smaller budget
• Discover new
intent terms
| @navahf @HennesseyDgtl 17
How Much Do They Need To Make?
Small Business Enterprise
Who will you serve?
| @navahf @HennesseyDgtl 18
Can They Afford A Long Term Commitment?
| @navahf @HennesseyDgtl 19
Revenue Tiers For Prospects
Has Need, No Funds
Limited Need, Has Funds
Has Need & Funds
| @navahf @HennesseyDgtl 20
• Within target industry,
who are the decision
makers?
• Who usually contacts
you first, and who
ultimately buys?
Position Of Prospect
| @navahf @HennesseyDgtl 21
• Write ads that speak
directly to your
target!
Position Of Prospect
| @navahf @HennesseyDgtl 22
Microsoft Advertising Saves The
Day With LinkedIn Targeting!
| @navahf @HennesseyDgtl 23
Scheduling: Strike When the Time is Right
This is a work
purchase – prospects
will transact at work.
| @navahf @HennesseyDgtl 24
Scheduling: Advertise When You Value Leads
But I’m
married…
| @navahf @HennesseyDgtl 25
Taking Two Hours Off Schedule Can
Dramatically Increase CTR
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
4.00%
All Hours & Days Business Hours Focus on Power Hours
CTR Jan 2019-March 2019
CTR
3.5%Average taken from 100
client accounts
| @navahf @HennesseyDgtl 26
Location – Pick Winning Markets
Don’t forget bid
modifiers!
| @navahf @HennesseyDgtl 27
Location – Pick Winning Markets
Bid modifiers focus the budget on
your best markets and protect your
budget from underperformers!
| @navahf @HennesseyDgtl 28
Location – Account For Variations in CPC &
Searches
Don’t target more than
one country in a
campaign!
| @navahf @HennesseyDgtl 29
Round 1: What Did We Learn?
✔ Start by Identifying Your Top Verticals
✔ Choose Keywords that Show Buying Intent
✔ Focus Marketing Efforts on Prospects in Ideal Revenue Tiers
✔ Write Ad Copy that Speaks to the Position of the Prospect
✔ Schedule Your Ads For Power Hours
✔ Leverage Location Targeting to Focus Your Budget
| @navahf @HennesseyDgtl 30
• Round 1: Identify Your Best Customers
• Round 2: Business Operations
• Round 3: Ad Copy + Landing Pages
Let’s Play PPC Matchmaker!
| @navahf @HennesseyDgtl 31
Let’s Start With A Basic Equation
(100 Clicks X .25 CPC) X 35% Conversion Rate
Budget!
=
| @navahf @HennesseyDgtl 32
Who’s Better At Closing Your Leads?
• Customer confirms business need
themselves
• More automatic process – scale is easier
• Relationships close the deal
• Education process important
VS.
Site/Tool Sales Team
| @navahf @HennesseyDgtl 33
Figuring Out Volume of Clicks Needed
(100 Clicks X .25 CPC) X 35% Conversion Rate
Budget!
=
| @navahf @HennesseyDgtl 34
How Many New Customers Can You Support?
Last time I go out
with this
loser…he’s lost my
business for good!
| @navahf @HennesseyDgtl 35
Are All Customers Worth The Same?
| @navahf @HennesseyDgtl 36
Campaigns For Sales Teams & High Touch
Retargeting
Demos/Consultation
Whitepapers/Webinars
General Service
| @navahf @HennesseyDgtl 37
Campaigns For Trials & Low Touch
Retargeting
Trial
Affiliate Programs
General Service
| @navahf @HennesseyDgtl 38
Figuring Out Conversion Rate
(100 Clicks X .25 CPC) X 35% Conversion Rate
Budget!
=
| @navahf @HennesseyDgtl 39
Let’s Talk Conversion Value
Have you found the one? Let’s convert them!
| @navahf @HennesseyDgtl 40
Lead to Conversion Ratio?
Odds are, you won’t have 100% conversion rate – know your lead to conversion ratio by phone
call/form-fill.
Your sales game is
weak, no way I’m
giving you my
number!
| @navahf @HennesseyDgtl 41
Which Marketing Channel Did They Come
From?
VS.
| @navahf @HennesseyDgtl 42
How Quickly Will You Profit From The Action?
I hope we
kiss…and she
signs up for
annual prepay
| @navahf @HennesseyDgtl 43
Conversions Should Only Track Profitable
Interactions
SUCCESS!!!!!!!!
Sale Made!!
| @navahf @HennesseyDgtl 44
Budget Approved!
Will you
spend my
marketing
budget?
| @navahf @HennesseyDgtl 45
Life-Time Value?
| @navahf @HennesseyDgtl 46
Is There Upsell Opportunity?
I hope I can upsell into
getting a second
date…
| @navahf @HennesseyDgtl 47
Do You Trust Your Conversions?
| @navahf @HennesseyDgtl 48
Round 2: What Did We Learn?
✔ How To Solve Your Budget Equation!
✔ Questions That Govern Success In PPC!
✔ Best Campaigns For Your Best Closer!
✔ Calculating Conversion Values & CPAs
| @navahf @HennesseyDgtl 49
• Round 1: Identify Your Best Customers
• Round 2: Business Operations
• Round 3: Ad Copy + Landing Pages
Let’s Play PPC Matchmaker!
| @navahf @HennesseyDgtl 50
• Serves as the final
point of security
between search
queries and the click
you pay for
• Write copy that speaks
directly to your ideal
customer
Ad Copy
| @navahf @HennesseyDgtl 51
• A/B test ads that
include pricing vs ads
that don’t
• Prevent clicks from
imposters who won’t
pay the price
Ad Copy Can Be Self-Selecting
| @navahf @HennesseyDgtl 52
• Improve CTR by extending ad and highlighting intriguing
options like product videos
• Send qualified clicks directly to conversion actions like
demos, trials and white paper downloads
Ad Extensions: Sitelinks
| @navahf @HennesseyDgtl 53
• Gives ad an extra line of description
• Perfect for listing services offered
Ad Extensions: Structured Snippets
| @navahf @HennesseyDgtl 54
• Force competition out of
the picture
• Share pricing upfront
• Exact pricing not
necessary
Ad Extensions: Price Extensions
| @navahf @HennesseyDgtl 55
Conversion Rates Increase The More a Person Sees Your
Ad
| @navahf @HennesseyDgtl 56
Display Average CPC’s Are Cheaper – Build Your
Perfect Audience to Be Picked Up By Search
Remarketing
10%
conversion
rate vs 4%
conversion
rate
| @navahf @HennesseyDgtl 57
Display Can Bring Users Your Branded and
Remarketing Search Campaigns are Poised to
Pick-up
$500
Monthly
Budget
168550
Monthly
Impressions
701
Monthly
Clicks
*Average monthly budget, impressions and clicks across
4000 accounts (no budget over $50 and no budget under
$1)
| @navahf @HennesseyDgtl 58
By running campaigns on other networks, you can
expand your Google market:
| @navahf @HennesseyDgtl 59
Don’t Forget To Get Off Last Click Attribution!
| @navahf @HennesseyDgtl 60
• Allow navigation
• Prospects will likely
need information and
a feeling of familiarity
with your business
before deciding to
convert
Landing Pages
| @navahf @HennesseyDgtl 61
• Utilize trust symbols and
testimonials
• Establish credibility with
industry-specific sources
Landing Pages
| @navahf @HennesseyDgtl 62
Landing Pages: Make it easy for prospects to convert
| @navahf @HennesseyDgtl 63
• Place phone number
prominently and
throughout site (if
phone calls are desired)
• Clickable from mobile
devices
Landing Pages
| @navahf @HennesseyDgtl 64
Round 3: What Did We Learn?
✔ Use Pricing to Write Self-Selecting Ad Copy
✔ Create Expanded Text Ads for More Engaging Ads
✔ Enable Ad Extensions to Send Qualified Visitors Directly to
Conversion Actions
✔ Send Clicks to Transparent, Informational Landing Pages that Make
it Easy for Prospects to Convert When Ready
| @navahf @HennesseyDgtl 65
• Round 1: Identify Your Best Customers
• Round 2: Business Operations
• Round 3: Ad Copy + Landing Pages
Let’s Play PPC Matchmaker!
| @navahf @HennesseyDgtl 66
Behind Curtain #3…
| @navahf @HennesseyDgtl 67
A Profitable Partner!
• Meets all of your “good customer”
criteria.
• Has a business need that coincides
with average selling cycle.
• Engages with free content, and
once a customer, shares their love
of your amazing product.
| @navahf @HennesseyDgtl 68
Let’s Take Our Marketing To The Next Level
| @navahf @HennesseyDgtl 69
• Round 1: Identify Your Best Customers
• Round 2: Business Operations
• Round 3: Ad Copy + Landing Pages
We Hope You Enjoyed Playing PPC Match-
Maker!
Thank you! Questions?
Navah Hopkins
navah@hennessey.com
@navahf

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Finding and Converting Your Perfect Customers ASW2020

  • 1. LIVE WEBINAR Finding & Acquiring The Right Leads For Your Business Navah Hopkins
  • 2. | @navahf @HennesseyDgtl 2 A Bit About Me Navah Hopkins Director of Paid Media
  • 3. | @navahf @HennesseyDgtl 3 Marketing Is Like A Dating Show
  • 4. | @navahf @HennesseyDgtl 4 Behind Curtain #1…
  • 5. | @navahf @HennesseyDgtl 5 Curtain #1: “The Pig in Lipstick” • Meets very few or none of your “good customer” criteria. • Never going to buy, but engages with sales team anyway. • Engages with all free content. Sometimes complains on social media about your marketing efforts
  • 6. | @navahf @HennesseyDgtl 6 Behind Curtain #2…
  • 7. | @navahf @HennesseyDgtl 7 Curtain #2:“Beer Goggles” • Meets most of your “good customer” criteria. • Not ready to buy now – discovering the options for 1-2 years down the road. • Engages with your free content.
  • 8. | @navahf @HennesseyDgtl 8 Behind Curtain #3…
  • 9. | @navahf @HennesseyDgtl 9 Curtain #3: Not So Easy
  • 10. | @navahf @HennesseyDgtl 10 • Round 1: Identify Your Best Customers • Round 2: Business Operations • Round 3: Ad Copy + Landing Pages Let’s Play PPC Matchmaker!
  • 11. | @navahf @HennesseyDgtl 11 • The two questions you must ask yourself: • What types of businesses are you after? • What types of “bogus” leads make your blood boil? Industry Identification
  • 12. | @navahf @HennesseyDgtl 12 • How might the ideal customer search? • How does the wrong customer search? Put Yourself In Their Shoes
  • 14. | @navahf @HennesseyDgtl 14 Different Ways Of Searching Have Different Auction Prices Based on $369 spend between October 25th and November 23rd 2019
  • 15. | @navahf @HennesseyDgtl 15 In-Market & Custom Affinity Audiences Save The Day!
  • 16. | @navahf @HennesseyDgtl 16 Budget Accordingly! • Intent campaign • Maximize impression share • General campaign • Smaller budget • Discover new intent terms
  • 17. | @navahf @HennesseyDgtl 17 How Much Do They Need To Make? Small Business Enterprise Who will you serve?
  • 18. | @navahf @HennesseyDgtl 18 Can They Afford A Long Term Commitment?
  • 19. | @navahf @HennesseyDgtl 19 Revenue Tiers For Prospects Has Need, No Funds Limited Need, Has Funds Has Need & Funds
  • 20. | @navahf @HennesseyDgtl 20 • Within target industry, who are the decision makers? • Who usually contacts you first, and who ultimately buys? Position Of Prospect
  • 21. | @navahf @HennesseyDgtl 21 • Write ads that speak directly to your target! Position Of Prospect
  • 22. | @navahf @HennesseyDgtl 22 Microsoft Advertising Saves The Day With LinkedIn Targeting!
  • 23. | @navahf @HennesseyDgtl 23 Scheduling: Strike When the Time is Right This is a work purchase – prospects will transact at work.
  • 24. | @navahf @HennesseyDgtl 24 Scheduling: Advertise When You Value Leads But I’m married…
  • 25. | @navahf @HennesseyDgtl 25 Taking Two Hours Off Schedule Can Dramatically Increase CTR 0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00% 3.50% 4.00% All Hours & Days Business Hours Focus on Power Hours CTR Jan 2019-March 2019 CTR 3.5%Average taken from 100 client accounts
  • 26. | @navahf @HennesseyDgtl 26 Location – Pick Winning Markets Don’t forget bid modifiers!
  • 27. | @navahf @HennesseyDgtl 27 Location – Pick Winning Markets Bid modifiers focus the budget on your best markets and protect your budget from underperformers!
  • 28. | @navahf @HennesseyDgtl 28 Location – Account For Variations in CPC & Searches Don’t target more than one country in a campaign!
  • 29. | @navahf @HennesseyDgtl 29 Round 1: What Did We Learn? ✔ Start by Identifying Your Top Verticals ✔ Choose Keywords that Show Buying Intent ✔ Focus Marketing Efforts on Prospects in Ideal Revenue Tiers ✔ Write Ad Copy that Speaks to the Position of the Prospect ✔ Schedule Your Ads For Power Hours ✔ Leverage Location Targeting to Focus Your Budget
  • 30. | @navahf @HennesseyDgtl 30 • Round 1: Identify Your Best Customers • Round 2: Business Operations • Round 3: Ad Copy + Landing Pages Let’s Play PPC Matchmaker!
  • 31. | @navahf @HennesseyDgtl 31 Let’s Start With A Basic Equation (100 Clicks X .25 CPC) X 35% Conversion Rate Budget! =
  • 32. | @navahf @HennesseyDgtl 32 Who’s Better At Closing Your Leads? • Customer confirms business need themselves • More automatic process – scale is easier • Relationships close the deal • Education process important VS. Site/Tool Sales Team
  • 33. | @navahf @HennesseyDgtl 33 Figuring Out Volume of Clicks Needed (100 Clicks X .25 CPC) X 35% Conversion Rate Budget! =
  • 34. | @navahf @HennesseyDgtl 34 How Many New Customers Can You Support? Last time I go out with this loser…he’s lost my business for good!
  • 35. | @navahf @HennesseyDgtl 35 Are All Customers Worth The Same?
  • 36. | @navahf @HennesseyDgtl 36 Campaigns For Sales Teams & High Touch Retargeting Demos/Consultation Whitepapers/Webinars General Service
  • 37. | @navahf @HennesseyDgtl 37 Campaigns For Trials & Low Touch Retargeting Trial Affiliate Programs General Service
  • 38. | @navahf @HennesseyDgtl 38 Figuring Out Conversion Rate (100 Clicks X .25 CPC) X 35% Conversion Rate Budget! =
  • 39. | @navahf @HennesseyDgtl 39 Let’s Talk Conversion Value Have you found the one? Let’s convert them!
  • 40. | @navahf @HennesseyDgtl 40 Lead to Conversion Ratio? Odds are, you won’t have 100% conversion rate – know your lead to conversion ratio by phone call/form-fill. Your sales game is weak, no way I’m giving you my number!
  • 41. | @navahf @HennesseyDgtl 41 Which Marketing Channel Did They Come From? VS.
  • 42. | @navahf @HennesseyDgtl 42 How Quickly Will You Profit From The Action? I hope we kiss…and she signs up for annual prepay
  • 43. | @navahf @HennesseyDgtl 43 Conversions Should Only Track Profitable Interactions SUCCESS!!!!!!!! Sale Made!!
  • 44. | @navahf @HennesseyDgtl 44 Budget Approved! Will you spend my marketing budget?
  • 45. | @navahf @HennesseyDgtl 45 Life-Time Value?
  • 46. | @navahf @HennesseyDgtl 46 Is There Upsell Opportunity? I hope I can upsell into getting a second date…
  • 47. | @navahf @HennesseyDgtl 47 Do You Trust Your Conversions?
  • 48. | @navahf @HennesseyDgtl 48 Round 2: What Did We Learn? ✔ How To Solve Your Budget Equation! ✔ Questions That Govern Success In PPC! ✔ Best Campaigns For Your Best Closer! ✔ Calculating Conversion Values & CPAs
  • 49. | @navahf @HennesseyDgtl 49 • Round 1: Identify Your Best Customers • Round 2: Business Operations • Round 3: Ad Copy + Landing Pages Let’s Play PPC Matchmaker!
  • 50. | @navahf @HennesseyDgtl 50 • Serves as the final point of security between search queries and the click you pay for • Write copy that speaks directly to your ideal customer Ad Copy
  • 51. | @navahf @HennesseyDgtl 51 • A/B test ads that include pricing vs ads that don’t • Prevent clicks from imposters who won’t pay the price Ad Copy Can Be Self-Selecting
  • 52. | @navahf @HennesseyDgtl 52 • Improve CTR by extending ad and highlighting intriguing options like product videos • Send qualified clicks directly to conversion actions like demos, trials and white paper downloads Ad Extensions: Sitelinks
  • 53. | @navahf @HennesseyDgtl 53 • Gives ad an extra line of description • Perfect for listing services offered Ad Extensions: Structured Snippets
  • 54. | @navahf @HennesseyDgtl 54 • Force competition out of the picture • Share pricing upfront • Exact pricing not necessary Ad Extensions: Price Extensions
  • 55. | @navahf @HennesseyDgtl 55 Conversion Rates Increase The More a Person Sees Your Ad
  • 56. | @navahf @HennesseyDgtl 56 Display Average CPC’s Are Cheaper – Build Your Perfect Audience to Be Picked Up By Search Remarketing 10% conversion rate vs 4% conversion rate
  • 57. | @navahf @HennesseyDgtl 57 Display Can Bring Users Your Branded and Remarketing Search Campaigns are Poised to Pick-up $500 Monthly Budget 168550 Monthly Impressions 701 Monthly Clicks *Average monthly budget, impressions and clicks across 4000 accounts (no budget over $50 and no budget under $1)
  • 58. | @navahf @HennesseyDgtl 58 By running campaigns on other networks, you can expand your Google market:
  • 59. | @navahf @HennesseyDgtl 59 Don’t Forget To Get Off Last Click Attribution!
  • 60. | @navahf @HennesseyDgtl 60 • Allow navigation • Prospects will likely need information and a feeling of familiarity with your business before deciding to convert Landing Pages
  • 61. | @navahf @HennesseyDgtl 61 • Utilize trust symbols and testimonials • Establish credibility with industry-specific sources Landing Pages
  • 62. | @navahf @HennesseyDgtl 62 Landing Pages: Make it easy for prospects to convert
  • 63. | @navahf @HennesseyDgtl 63 • Place phone number prominently and throughout site (if phone calls are desired) • Clickable from mobile devices Landing Pages
  • 64. | @navahf @HennesseyDgtl 64 Round 3: What Did We Learn? ✔ Use Pricing to Write Self-Selecting Ad Copy ✔ Create Expanded Text Ads for More Engaging Ads ✔ Enable Ad Extensions to Send Qualified Visitors Directly to Conversion Actions ✔ Send Clicks to Transparent, Informational Landing Pages that Make it Easy for Prospects to Convert When Ready
  • 65. | @navahf @HennesseyDgtl 65 • Round 1: Identify Your Best Customers • Round 2: Business Operations • Round 3: Ad Copy + Landing Pages Let’s Play PPC Matchmaker!
  • 66. | @navahf @HennesseyDgtl 66 Behind Curtain #3…
  • 67. | @navahf @HennesseyDgtl 67 A Profitable Partner! • Meets all of your “good customer” criteria. • Has a business need that coincides with average selling cycle. • Engages with free content, and once a customer, shares their love of your amazing product.
  • 68. | @navahf @HennesseyDgtl 68 Let’s Take Our Marketing To The Next Level
  • 69. | @navahf @HennesseyDgtl 69 • Round 1: Identify Your Best Customers • Round 2: Business Operations • Round 3: Ad Copy + Landing Pages We Hope You Enjoyed Playing PPC Match- Maker!
  • 70. Thank you! Questions? Navah Hopkins navah@hennessey.com @navahf