THEICONIC.COM.AU




PERFORMANCE MARKETING
& CONVERSION RATE OPT

The combination of Art & Science
PERFORMANCE MARKETING & CONVERSION RATE OPTIMIZATION   THEICONIC.COM.AU




 THE ICONIC VISION



   “THE ICONIC is Australia's most comprehensive
   online fashion authority, providing consumers an
   engaging and personalised shopping experience,
   enhanced by exceptional customer service”




                                                                     2
PERFORMANCE MARKETING & CONVERSION RATE OPTIMIZATION   THEICONIC.COM.AU




 OUR POSITIONING
 Logo size indicative of traffic
                                   Full Service




 Niche                                                       Broad
 range                                                       range




                                   Low service

                                                                     3
PERFORMANCE MARKETING & CONVERSION RATE OPTIMIZATION   THEICONIC.COM.AU




 OUR MARKETING APPROACH




                                                                     4
PERFORMANCE MARKETING & CONVERSION RATE OPTIMIZATION   THEICONIC.COM.AU




 WHAT IS PERFORMANCE MARKETING?




           “The ability to target and improve
      marketing performance using data, ultimately
                only paying for success”




                                                                     5
PERFORMANCE MARKETING & CONVERSION RATE OPTIMIZATION   THEICONIC.COM.AU




       “I know half of my advertising isn’t working,
              I just don’t know which half.”




                                                                     6
PERFORMANCE MARKETING & CONVERSION RATE OPTIMIZATION                     THEICONIC.COM.AU




       “I know half of my advertising isn’t working,
              I just don’t know which half.”
                                                       William Lever, 1851-1925




                                                                                       7
PERFORMANCE MARKETING & CONVERSION RATE OPTIMIZATION   THEICONIC.COM.AU




 IT IS HERE TO STAY




                        Slide with Citi Bank data




                                                                     8
PERFORMANCE MARKETING & CONVERSION RATE OPTIMIZATION                THEICONIC.COM.AU




 PERFORMANCE MARKETING AT THE ICONIC

Performance Channels            Main KPI's to manage     Improve the funnel

  › SEM / SEO                                          › Know everything about
                                     Impressions
  › Affiliate advertising                                your potential customer
  › Display advertising
                                  Click-through-rate   › Know on what she
  › Newsletter                                           bases her decisions on
  › On-site
                                        Visits         › Understand what she
                                                         looks for
  › (Magazine)
                                  Conversion Rate
                                                       › Customize her whole
  › (Print & Radio)
                                                         experience around her
  › (TV)
                                        Sales            identified needs



                                                                                  9
PERFORMANCE MARKETING & CONVERSION RATE OPTIMIZATION   THEICONIC.COM.AU




 FIRST GET THE CUSTOMER TO YOUR SITE




                                                                    10
PERFORMANCE MARKETING & CONVERSION RATE OPTIMIZATION             THEICONIC.COM.AU




 THINK OF FLOW RATHER THAN LAST-CLICK


                                                         Newsletter
        SEM                Display             Organic
                                                          Banner




                                                         Purchase




                                                                              11
PERFORMANCE MARKETING & CONVERSION RATE OPTIMIZATION   THEICONIC.COM.AU




 WHEN THEY ENTER  CONVERT THEM




   Channel              Landing
    Traffic              Page




                                                                    12
PERFORMANCE MARKETING & CONVERSION RATE OPTIMIZATION   THEICONIC.COM.AU




 OPTIMIZE YOUR TRAFFIC VIA TESTING




                                                                    13
PERFORMANCE MARKETING & CONVERSION RATE OPTIMIZATION                        THEICONIC.COM.AU




 SHOW THE CUSTOMERS WHAT THEY WANT


                                     Product                     Popularity
      Search Engine
                                 Recommendation                    Filter

                                        Product recommendation    Catalog



    commendation
                                        Catalog




                                                                                         14
PERFORMANCE MARKETING & CONVERSION RATE OPTIMIZATION     THEICONIC.COM.AU




 CONSIDER MICRO-CONVERSIONS

          Don’t make your call on 2% of your customers

                    •   Store Locator
                    •   Request a catalogue
                    •   Create a new account
                    •   Follow you on social media
                    •   Email sign-up
                    •   Request a quote
                    •   Write a product recommendation
                    •   Create a wish list




                                                                      15
PERFORMANCE MARKETING & CONVERSION RATE OPTIMIZATION   THEICONIC.COM.AU




               5 TIPS ON CONVERSION RATE
                       OPTIMIZATION




                                                                    16
PERFORMANCE MARKETING & CONVERSION RATE OPTIMIZATION   THEICONIC.COM.AU




 1. BE STRAIGHTFORWARD



  •   2-3 seconds to capture
      the customer
  •   Keep it simple
  •   Design for a wide
      audience




                                                                    17
PERFORMANCE MARKETING & CONVERSION RATE OPTIMIZATION   THEICONIC.COM.AU




 2. MANAGE EXPECTATIONS



  •   A logical extension of the ad
  •   Match graphical elements
  •   Work down to sub-categories to
      meet different needs




                                                                    18
PERFORMANCE MARKETING & CONVERSION RATE OPTIMIZATION   THEICONIC.COM.AU




 3. DESIGN ACCORDING TO METRICS



  •   Arrange information per your objective
  •   Categorize using search terms
  •   Entice users to buy similar products




                                                                    19
PERFORMANCE MARKETING & CONVERSION RATE OPTIMIZATION   THEICONIC.COM.AU




 4. INSPIRE THROUGH EMOTION



  •   A purchase is emotive
  •   Instill a positive customer
      experience
  •   Blurry backgrounds and
      clear close-up imagery




                                                                    20
PERFORMANCE MARKETING & CONVERSION RATE OPTIMIZATION   THEICONIC.COM.AU




 5. OPTIMIZE YOUR DESIGN



  •   Right colors & placement
  •   Person looking at you
      or CTA
  •   Consider the fold




                                                                    21
Thank you




THEICONIC.COM.AU

Omni Channel Marketing Conference - Nikklas Olsson

  • 1.
    THEICONIC.COM.AU PERFORMANCE MARKETING & CONVERSIONRATE OPT The combination of Art & Science
  • 2.
    PERFORMANCE MARKETING &CONVERSION RATE OPTIMIZATION THEICONIC.COM.AU THE ICONIC VISION “THE ICONIC is Australia's most comprehensive online fashion authority, providing consumers an engaging and personalised shopping experience, enhanced by exceptional customer service” 2
  • 3.
    PERFORMANCE MARKETING &CONVERSION RATE OPTIMIZATION THEICONIC.COM.AU OUR POSITIONING Logo size indicative of traffic Full Service Niche Broad range range Low service 3
  • 4.
    PERFORMANCE MARKETING &CONVERSION RATE OPTIMIZATION THEICONIC.COM.AU OUR MARKETING APPROACH 4
  • 5.
    PERFORMANCE MARKETING &CONVERSION RATE OPTIMIZATION THEICONIC.COM.AU WHAT IS PERFORMANCE MARKETING? “The ability to target and improve marketing performance using data, ultimately only paying for success” 5
  • 6.
    PERFORMANCE MARKETING &CONVERSION RATE OPTIMIZATION THEICONIC.COM.AU “I know half of my advertising isn’t working, I just don’t know which half.” 6
  • 7.
    PERFORMANCE MARKETING &CONVERSION RATE OPTIMIZATION THEICONIC.COM.AU “I know half of my advertising isn’t working, I just don’t know which half.” William Lever, 1851-1925 7
  • 8.
    PERFORMANCE MARKETING &CONVERSION RATE OPTIMIZATION THEICONIC.COM.AU IT IS HERE TO STAY Slide with Citi Bank data 8
  • 9.
    PERFORMANCE MARKETING &CONVERSION RATE OPTIMIZATION THEICONIC.COM.AU PERFORMANCE MARKETING AT THE ICONIC Performance Channels Main KPI's to manage Improve the funnel › SEM / SEO › Know everything about Impressions › Affiliate advertising your potential customer › Display advertising Click-through-rate › Know on what she › Newsletter bases her decisions on › On-site Visits › Understand what she looks for › (Magazine) Conversion Rate › Customize her whole › (Print & Radio) experience around her › (TV) Sales identified needs 9
  • 10.
    PERFORMANCE MARKETING &CONVERSION RATE OPTIMIZATION THEICONIC.COM.AU FIRST GET THE CUSTOMER TO YOUR SITE 10
  • 11.
    PERFORMANCE MARKETING &CONVERSION RATE OPTIMIZATION THEICONIC.COM.AU THINK OF FLOW RATHER THAN LAST-CLICK Newsletter SEM Display Organic Banner Purchase 11
  • 12.
    PERFORMANCE MARKETING &CONVERSION RATE OPTIMIZATION THEICONIC.COM.AU WHEN THEY ENTER  CONVERT THEM Channel Landing Traffic Page 12
  • 13.
    PERFORMANCE MARKETING &CONVERSION RATE OPTIMIZATION THEICONIC.COM.AU OPTIMIZE YOUR TRAFFIC VIA TESTING 13
  • 14.
    PERFORMANCE MARKETING &CONVERSION RATE OPTIMIZATION THEICONIC.COM.AU SHOW THE CUSTOMERS WHAT THEY WANT Product Popularity Search Engine Recommendation Filter Product recommendation Catalog commendation Catalog 14
  • 15.
    PERFORMANCE MARKETING &CONVERSION RATE OPTIMIZATION THEICONIC.COM.AU CONSIDER MICRO-CONVERSIONS Don’t make your call on 2% of your customers • Store Locator • Request a catalogue • Create a new account • Follow you on social media • Email sign-up • Request a quote • Write a product recommendation • Create a wish list 15
  • 16.
    PERFORMANCE MARKETING &CONVERSION RATE OPTIMIZATION THEICONIC.COM.AU 5 TIPS ON CONVERSION RATE OPTIMIZATION 16
  • 17.
    PERFORMANCE MARKETING &CONVERSION RATE OPTIMIZATION THEICONIC.COM.AU 1. BE STRAIGHTFORWARD • 2-3 seconds to capture the customer • Keep it simple • Design for a wide audience 17
  • 18.
    PERFORMANCE MARKETING &CONVERSION RATE OPTIMIZATION THEICONIC.COM.AU 2. MANAGE EXPECTATIONS • A logical extension of the ad • Match graphical elements • Work down to sub-categories to meet different needs 18
  • 19.
    PERFORMANCE MARKETING &CONVERSION RATE OPTIMIZATION THEICONIC.COM.AU 3. DESIGN ACCORDING TO METRICS • Arrange information per your objective • Categorize using search terms • Entice users to buy similar products 19
  • 20.
    PERFORMANCE MARKETING &CONVERSION RATE OPTIMIZATION THEICONIC.COM.AU 4. INSPIRE THROUGH EMOTION • A purchase is emotive • Instill a positive customer experience • Blurry backgrounds and clear close-up imagery 20
  • 21.
    PERFORMANCE MARKETING &CONVERSION RATE OPTIMIZATION THEICONIC.COM.AU 5. OPTIMIZE YOUR DESIGN • Right colors & placement • Person looking at you or CTA • Consider the fold 21
  • 22.