How to get 6800% ROI from a single eCommerce marketing campaign

Back in 2014, my consultancy (Ideal Interface) had an eCommerce client who was having a couple
of major issues:

1. The Return On Investment (ROI) from their Affiliate Marketing efforts using voucher codes was highly variable, having a significant effect on sales margins
2. Conversions rates were falling at key points in the checkout process, as customers were entering invalid voucher codes collected from across the web

The challenge was to take ownership back of the voucher code arena and develop a
marketing programme which would meet the following objectives:

• Test and develop a Voucher Code campaign that users would go to directly and increase the ROI from Voucher Code usage
• Reduce the impact on shopping checkout abandon rates where customers entered a Voucher Code
• Encourage these voucher code users to join the e-mail marketing programme, to subsequently entice voucher code users to become regular customers
• Devise and test a specific e-mail marketing programme for this list of customers that would increase the likelihood of purchasing again

So what happened?

• It was established that users searching on Google for voucher codes were the best group of potential customers to target.
• The first step was to test and develop a Google AdWords campaign based around keyword searches by potential customer using a range of brand name and voucher code related terms such as “<brand> code” and “<brand>; discount code”.
• Then several adverts and discount offers were tested and optimised within the Google advert copy. This was done to see which would provide the best rate of return and to evaluate the propensity to sign up to an email marketing programme.
• The impact on the shopping checkout rate was also monitored.
• An e-mail marketing programme was subsequently devised for this specific list of customers and tests conducted to see which headings, offers and promotions encouraged them to buy again.

The results?

• The Google AdWords Voucher Code campaign produced a staggering return on investment of over 6800%.
• The drop-out rate at the shopping checkout stage for those attempting to use voucher codes halved.
• Over 30% of customers recruited from the Google AdWords Voucher Code campaign went on to join the e-mail marketing programme.
• Over 55% of customers joining the e-mail marketing programme purchased again within 2 months.

Guest blogging on a new site - why do it?

My guest blog post for SEMRush.com went live today.
How to Get 6800% ROI from a Single E-commerce Marketing Campaign

It is already getting quite a few mentions on Twitter and the post has had one positive comment so far.  This is my first post for this site and it will be interesting to see if this builds followers or traffic to my site.

One question I have mostly asked myself recently is why I decided to write this post for SEMRush rather than: my own blog (this one), my column on The Drum or even as a direct post on Linkedin (which I have yet to do yet, but for some reason I am apprehensive about doing).

In short.. I wanted to try something different and in a slightly vain way I wanted to be read by a different audience.

Let's see if this actually happens

The 4 C’s of a Digital Platform

I've previously posted about the need for organisations to move away from just a website to a Digital Platform, so I won’t go into detail about ‘why’ you need one. However, from feedback I've had about this topic, I think I need to go into more detail about WHAT specifically one actually is.

To therefore keep things as simple as possible, I think the scope of a Digital Platform can be summed up in 4 terms beginning with the letter C:

Content:

Keeping any online property up-to-date requires a decent system for managing content. With free and easy to use CMS (Content Management System) tools available, the days of static sites are (or should be) long gone.
Note: although I know of at least 2 large eCommerce retailers who claim to manage their site content via their merchandising system, which only updates product and category information but still needs a fleet of developers to make HTML-based changes to their homepage, landing pages and anything else you would generally classify under the term content.

Commerce:

Having transactional functionality in your online platform is becoming more and more of a fundamental requirement for an increasing number of sites as they look to acquire and retain direct online customers rather than use a complex and commercially draining network of stores, partners, resellers or agents.
If you want proof of this, just look at the recent demise of the mobile retailer Phones4u in the UK. As the mobile phone operators have gotten more grown-up with their online selling and customer management propositions, then their need for an intermediate who takes commission and attempts to own the customer becomes less and less. In short, by having a mature online commerce and account management service, companies can now seriously consider or reconsider dis-intermediation in fast moving markets.
A digital platform should therefore have a host of features (shopping carts, integration to payment services, discounts & offers functionality and ‘my account’ database functionality, etc.) to enable your business to quickly allow your customers to self-serve.

Channels:

Forget that desktop-only site you've been holding onto for the last few years. The use of mobile devices to browse and buy are increasingly overtaking PC and laptop usage in all sorts of markets. Your customer is now almost as likely to be using their smartphone or tablet (in an array of sizes) to inform themselves. However, just because your mobile visitors have increased, it doesn't mean that your conversions have… as on average (in my experience anyhow) conversion rates on desktop sites accessed from mobile devices sharply decrease in correlation to the size of the screen used.

Or in other words… make sure your digital platform can deliver your content and commerce capability to all users regardless of their channel of choice.

Campaigns:

If you capture and manage customer data, then use it to communicate. To really leverage the user data contained in you Digital Platform it also needs to include (or fully integrate with) a range of digital marketing tools to get your message out and to build a relationship with your target audience. Can your platform:

• Deliver segmented marketing emails to a set of subscribed users?
• Send alerts to customers that they have left something in their shopping basket (and that they should jolly well come back to the site and buy it before someone else does or it is no longer available)?
• Send out SMS messages to those who want or need it (think how useful those text messages about that flight you booked for next week are and how they don’t need you to have a modern 4G data connection to look them up).
• Work out which of your customers are Tweeting and confirm what product they actually bought online from you?

Hopefully your answer to all of the above is “Yes”.

Is your PPC agency working hard enough?

I've worked with paid search campaigns long enough now to have more than just a basic idea of how the main bid systems work. I've also learnt that there's numerous ways to waste money on PPC campaigns, when just a few changes can yield much better results.... Meaning your online marketing budget can go further. Much further!

This issue can sometimes be amplified when you use a digital agency to run your paid search campaigns. Especially when said agency gets paid a percentage of the budget for setting up and managing these campaigns.

For example, why wouldn't an agency bid on higher priced terms and use up the budget quicker? (Compared to structuring the account around a lot more mid to long tail terms).

There's also no point in the agency advising you when your search campaigns are yielding a low quality score. Why would they? An improved QS merely means there is more work to be done for the same amount of commission.