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KEYNOTE Using Micro Conversions
to Increase Leads
SEATTLE, WA ~ MAY 5 - 6, 2022
DIGIMARCONPACIFICNORTHWEST.COM | #DigiMarConPacificNorthwest
Ryan Moothart
PPC ARCHITECT
PORTENT
2 Proprietary & Confidential
Proprietary & Confidential
A Quick “About”
Before We Begin
3 Proprietary & Confidential
Proprietary & Confidential
Portent, a
Clearlink Digital
Agency
We are a full service
digital marketing
agency founded right
here in Seattle in 1995.
We specialize in:
● Technical SEO
● Offsite SEO
● Content Strategy
● Paid SEM
● Programmatic Advertising
● Social Media
● Influencer Marketing
● Analytics
● Conversion Rate Optimization
● Web Development
● Small Business Solutions
4 Proprietary & Confidential
Proprietary & Confidential
About Me 3 Quick Facts:
● At Portent since 2010 and
currently serve as PPC
Architect
● Longtime season ticket
holder for the Seattle
Sounders FC
● Favorite hobby: brewery
hopping with my husband
5 Proprietary & Confidential
Proprietary & Confidential
Alright - Let’s Get to it!
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All About Micro Conversions
The purpose of this presentation is to
understand what micro conversions are
and why they’re vital to driving more leads,
more revenue, and more profit.
7 Proprietary & Confidential
Takeaways From This Presentation
1. Understand what micro conversions are
and why they’re important.
1. Learn how to track them appropriately.
1. Learn how to evaluate if they’re driving
users down the funnel to increase KPIs.
8 Proprietary & Confidential
Proprietary & Confidential
Micro Conversions:
The Basics
Part 1
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…What are they,
exactly?
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Definition of a Micro Conversion
Simply put:
A micro conversion is an action a user
can take on your website that indicate
they’re engaging with your content and
may be interested in becoming a
customer in the future.
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Micro Conversions Can Be an Array
of Actions:
A download of a PDF guide
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Micro Conversions Can Be an Array
of Actions:
A subscription to your email list
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Micro Conversions Can Be an Array
of Actions:
A view of an informational video all the
way through
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Micro Conversions Can Be an Array
of Actions:
A session with visits to multiple key pages
on your site
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Micro Conversions Can Be an Array
of Actions:
And more!
Pretty much any action or event that can
be tracked and correlates with higher KPI
conversion rates down the line.
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Using Only KPIs as
Conversions isn’t Good
Enough!
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What You’re
Missing
Part 1
An Example
A user sees one of your
video ads on YouTube
featuring a service you
offer.
They click through and
explore more about your
service and your business.
They then leave without
doing anything further on
that visit.
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What You’re
Missing
Part 2
An Example
Later, they search for
something relevant to
that service and see your
search ad. They
remember your brand
from the video ad they
saw earlier and click
through.
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What You’re
Missing
Part 2 (continued)
An Example
They spend some more
time engaging with your
content on-site, reading
your customer
testimonials and
watching some more of
your informational
videos.
Eventually, they leave
without doing anything
further.
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What You’re
Missing
Part 3
An Example
Later, again, they search
for your brand and click
through to your site via
your organic listing.
They fill out a Contact Us
form indicating they’re
interested in receiving
more information from
one of your
representatives.
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Visiting multiple pages
after clicking through
on a video ad
You’re
Ignoring
Those Key
Actions
Reading your
customer testimonials
Watching your
informational videos
These can all be tracked
22 Proprietary & Confidential
These actions are micro
conversions: they all
played a part in this user’s
journey toward becoming
a lead.
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If You’re Not Including
These Micro Conversions as
Conversion Points, Your
Campaigns Are Ignoring
Them.
24 Proprietary & Confidential
Give Micro Conversions Credit
Counting these actions as conversions
allows your campaigns, especially those
geared toward upper-funnel and mid-
funnel users, to use them as signals in their
targeting and bidding functionalities.
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Tracking Micro Conversions
Part 2
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Disclaimer
For simplicity’s sake, the slides in this
section will refer to Google Ads.
27 Proprietary & Confidential
Disclaimer
However, the following principles apply
to any platform in which you can utilize
a conversion pixel.
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Disclaimer
Which is pretty much all of them.
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Creating a Micro
Conversion is Just Like
Any Other Conversion in
Your Platform
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Primary Action = Applies to All
Campaigns
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Secondary Action = Can Be Applied
to Select Campaigns Only
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Just Adjust Your Campaign’s
Settings
33 Proprietary & Confidential
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Adding micro
conversions to
your account will
affect your
conversion data.
35 Proprietary & Confidential
This means your
conversion data
before & after
implementation will
not be consistent.
36 Proprietary & Confidential
This is necessary so
your campaigns can
factor these signals
into their bidding &
targeting.
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Use a Separate Analytics
Platform as Your “Source of
Truth”
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Evaluating Impact
Part 3
39 Proprietary & Confidential
The Ultimate Question
Does adding and using micro conversions
in your digital advertising account actually
lead to increased transactions and lead
submissions?
40 Proprietary & Confidential
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Change in micro
conversion events
3 Things to
Evaluate
Change in primary KPI
volume
Change in volume of
users who complete
both actions
41 Proprietary & Confidential
Example
A lead-based B2B client in the
communications solutions vertical
quarter over quarter.
42 Proprietary & Confidential
Context
In the following comparison, both total
spend and click volume decreased
between 5% - 10% quarter over quarter.
43 Proprietary & Confidential
Further Context
All of the following data and
comparisons came from a separate
analytics platform.
44 Proprietary & Confidential
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Micro
Conversion
Event Volume
After Implementing Micro Conversions
The Results
45 Proprietary & Confidential
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Lead
Submission
Volume
After Implementing Micro Conversions
The Results
46 Proprietary & Confidential
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Users Who
Completed
Both Actions
After Implementing Micro Conversions
The Results
1,100%+ INCREASE
47 Proprietary & Confidential
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1,100%+ INCREASE
48 Proprietary & Confidential
Adding Micro
Conversions Works
49 Proprietary & Confidential
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Conclusion
Part 4
50 Proprietary & Confidential
Conversion Signals Matter
Factoring in micro conversions is what’s
needed to give your platform the signals it
needs to know that these campaigns are
doing what they’re supposed to be doing.
51 Proprietary & Confidential
Conversion Signals Are Necessary
Without micro conversion tracking, you’re
higher-funnel campaigns will struggle
because they’re not meant to acquire
leads or transactions right away.
52 Proprietary & Confidential
This is Not About Optics…
These micro conversion signals are
needed so you know these campaigns
are doing their job.
53 Proprietary & Confidential
It’s About Ensuring Success…
By giving micro conversions the credit
they’re due in these campaigns, you can
ensure you’re giving these users the right
content and CTA’s to move them down
the funnel.
54 Proprietary & Confidential
And Increasing Actual Profit!
In time, more of these users should
submit leads and transactions at higher
rates as they return to your site and
engage with more of your content.
55 Proprietary & Confidential
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The Bottom Line
56 Proprietary & Confidential
By using micro conversions as well as
hard conversions in your digital
advertising conversion tracking, you can
drive more leads and sales down the line
at more efficient costs and rates…
57 Proprietary & Confidential
…Which, in the end, means more revenue
and more profit from your paid media
investment.
58 Proprietary & Confidential
Thank You
Proprietary & Confidential
Prepared by : Ryan Moothart
Using Micro Conversions to Increase Leads - Ryan Moothart, Portent

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Using Micro Conversions to Increase Leads - Ryan Moothart, Portent

  • 1. KEYNOTE Using Micro Conversions to Increase Leads SEATTLE, WA ~ MAY 5 - 6, 2022 DIGIMARCONPACIFICNORTHWEST.COM | #DigiMarConPacificNorthwest Ryan Moothart PPC ARCHITECT PORTENT
  • 2. 2 Proprietary & Confidential Proprietary & Confidential A Quick “About” Before We Begin
  • 3. 3 Proprietary & Confidential Proprietary & Confidential Portent, a Clearlink Digital Agency We are a full service digital marketing agency founded right here in Seattle in 1995. We specialize in: ● Technical SEO ● Offsite SEO ● Content Strategy ● Paid SEM ● Programmatic Advertising ● Social Media ● Influencer Marketing ● Analytics ● Conversion Rate Optimization ● Web Development ● Small Business Solutions
  • 4. 4 Proprietary & Confidential Proprietary & Confidential About Me 3 Quick Facts: ● At Portent since 2010 and currently serve as PPC Architect ● Longtime season ticket holder for the Seattle Sounders FC ● Favorite hobby: brewery hopping with my husband
  • 5. 5 Proprietary & Confidential Proprietary & Confidential Alright - Let’s Get to it!
  • 6. 6 Proprietary & Confidential All About Micro Conversions The purpose of this presentation is to understand what micro conversions are and why they’re vital to driving more leads, more revenue, and more profit.
  • 7. 7 Proprietary & Confidential Takeaways From This Presentation 1. Understand what micro conversions are and why they’re important. 1. Learn how to track them appropriately. 1. Learn how to evaluate if they’re driving users down the funnel to increase KPIs.
  • 8. 8 Proprietary & Confidential Proprietary & Confidential Micro Conversions: The Basics Part 1
  • 9. 9 Proprietary & Confidential …What are they, exactly?
  • 10. 10 Proprietary & Confidential Definition of a Micro Conversion Simply put: A micro conversion is an action a user can take on your website that indicate they’re engaging with your content and may be interested in becoming a customer in the future.
  • 11. 11 Proprietary & Confidential Micro Conversions Can Be an Array of Actions: A download of a PDF guide
  • 12. 12 Proprietary & Confidential Micro Conversions Can Be an Array of Actions: A subscription to your email list
  • 13. 13 Proprietary & Confidential Micro Conversions Can Be an Array of Actions: A view of an informational video all the way through
  • 14. 14 Proprietary & Confidential Micro Conversions Can Be an Array of Actions: A session with visits to multiple key pages on your site
  • 15. 15 Proprietary & Confidential Micro Conversions Can Be an Array of Actions: And more! Pretty much any action or event that can be tracked and correlates with higher KPI conversion rates down the line.
  • 16. 16 Proprietary & Confidential Proprietary & Confidential Using Only KPIs as Conversions isn’t Good Enough!
  • 17. 17 Proprietary & Confidential Proprietary & Confidential What You’re Missing Part 1 An Example A user sees one of your video ads on YouTube featuring a service you offer. They click through and explore more about your service and your business. They then leave without doing anything further on that visit.
  • 18. 18 Proprietary & Confidential Proprietary & Confidential What You’re Missing Part 2 An Example Later, they search for something relevant to that service and see your search ad. They remember your brand from the video ad they saw earlier and click through.
  • 19. 19 Proprietary & Confidential Proprietary & Confidential What You’re Missing Part 2 (continued) An Example They spend some more time engaging with your content on-site, reading your customer testimonials and watching some more of your informational videos. Eventually, they leave without doing anything further.
  • 20. 20 Proprietary & Confidential Proprietary & Confidential What You’re Missing Part 3 An Example Later, again, they search for your brand and click through to your site via your organic listing. They fill out a Contact Us form indicating they’re interested in receiving more information from one of your representatives.
  • 21. 21 Proprietary & Confidential Proprietary & Confidential Visiting multiple pages after clicking through on a video ad You’re Ignoring Those Key Actions Reading your customer testimonials Watching your informational videos These can all be tracked
  • 22. 22 Proprietary & Confidential These actions are micro conversions: they all played a part in this user’s journey toward becoming a lead.
  • 23. 23 Proprietary & Confidential Proprietary & Confidential If You’re Not Including These Micro Conversions as Conversion Points, Your Campaigns Are Ignoring Them.
  • 24. 24 Proprietary & Confidential Give Micro Conversions Credit Counting these actions as conversions allows your campaigns, especially those geared toward upper-funnel and mid- funnel users, to use them as signals in their targeting and bidding functionalities.
  • 25. 25 Proprietary & Confidential Proprietary & Confidential Tracking Micro Conversions Part 2
  • 26. 26 Proprietary & Confidential Disclaimer For simplicity’s sake, the slides in this section will refer to Google Ads.
  • 27. 27 Proprietary & Confidential Disclaimer However, the following principles apply to any platform in which you can utilize a conversion pixel.
  • 28. 28 Proprietary & Confidential Disclaimer Which is pretty much all of them.
  • 29. 29 Proprietary & Confidential Proprietary & Confidential Creating a Micro Conversion is Just Like Any Other Conversion in Your Platform
  • 30. 30 Proprietary & Confidential Primary Action = Applies to All Campaigns
  • 31. 31 Proprietary & Confidential Secondary Action = Can Be Applied to Select Campaigns Only
  • 32. 32 Proprietary & Confidential Just Adjust Your Campaign’s Settings
  • 33. 33 Proprietary & Confidential
  • 34. 34 Proprietary & Confidential Adding micro conversions to your account will affect your conversion data.
  • 35. 35 Proprietary & Confidential This means your conversion data before & after implementation will not be consistent.
  • 36. 36 Proprietary & Confidential This is necessary so your campaigns can factor these signals into their bidding & targeting.
  • 37. 37 Proprietary & Confidential Proprietary & Confidential Use a Separate Analytics Platform as Your “Source of Truth”
  • 38. 38 Proprietary & Confidential Proprietary & Confidential Evaluating Impact Part 3
  • 39. 39 Proprietary & Confidential The Ultimate Question Does adding and using micro conversions in your digital advertising account actually lead to increased transactions and lead submissions?
  • 40. 40 Proprietary & Confidential Proprietary & Confidential Change in micro conversion events 3 Things to Evaluate Change in primary KPI volume Change in volume of users who complete both actions
  • 41. 41 Proprietary & Confidential Example A lead-based B2B client in the communications solutions vertical quarter over quarter.
  • 42. 42 Proprietary & Confidential Context In the following comparison, both total spend and click volume decreased between 5% - 10% quarter over quarter.
  • 43. 43 Proprietary & Confidential Further Context All of the following data and comparisons came from a separate analytics platform.
  • 44. 44 Proprietary & Confidential Proprietary & Confidential Micro Conversion Event Volume After Implementing Micro Conversions The Results
  • 45. 45 Proprietary & Confidential Proprietary & Confidential Lead Submission Volume After Implementing Micro Conversions The Results
  • 46. 46 Proprietary & Confidential Proprietary & Confidential Users Who Completed Both Actions After Implementing Micro Conversions The Results 1,100%+ INCREASE
  • 47. 47 Proprietary & Confidential Proprietary & Confidential 1,100%+ INCREASE
  • 48. 48 Proprietary & Confidential Adding Micro Conversions Works
  • 49. 49 Proprietary & Confidential Proprietary & Confidential Conclusion Part 4
  • 50. 50 Proprietary & Confidential Conversion Signals Matter Factoring in micro conversions is what’s needed to give your platform the signals it needs to know that these campaigns are doing what they’re supposed to be doing.
  • 51. 51 Proprietary & Confidential Conversion Signals Are Necessary Without micro conversion tracking, you’re higher-funnel campaigns will struggle because they’re not meant to acquire leads or transactions right away.
  • 52. 52 Proprietary & Confidential This is Not About Optics… These micro conversion signals are needed so you know these campaigns are doing their job.
  • 53. 53 Proprietary & Confidential It’s About Ensuring Success… By giving micro conversions the credit they’re due in these campaigns, you can ensure you’re giving these users the right content and CTA’s to move them down the funnel.
  • 54. 54 Proprietary & Confidential And Increasing Actual Profit! In time, more of these users should submit leads and transactions at higher rates as they return to your site and engage with more of your content.
  • 55. 55 Proprietary & Confidential Proprietary & Confidential The Bottom Line
  • 56. 56 Proprietary & Confidential By using micro conversions as well as hard conversions in your digital advertising conversion tracking, you can drive more leads and sales down the line at more efficient costs and rates…
  • 57. 57 Proprietary & Confidential …Which, in the end, means more revenue and more profit from your paid media investment.
  • 58. 58 Proprietary & Confidential Thank You Proprietary & Confidential Prepared by : Ryan Moothart