- A shopper visits a website, selects a product to purchase (typically one that they wear or needs to fit them in some way) and adds it to their online basket.
- Because they are not too sure about the exact sizing of the product, or because they are not sure about their own physical dimensions, they order another one in a different size or two.
- They may also order different colours of the product or other variant in some way… all in an effort to find a single product that is the ‘right’ version or fit.
Note: It’s also my assumption here that sites who offer ‘free delivery’ and especially ‘free returns’ will suffer from this effect more. - After the user has completed their transaction (FMOT) they then await delivery, or in a ‘Click & Collect’ situation they go and get it themselves.
- The goods arrive at their home and the shopper unwraps or un-boxes their purchases (SMOT).
- However, they are now left with more than one product, when all they wanted was one thing. So after viewing or trying on these products, what do they do?
They decide which items they are going to return.
The Blog of Hayden Sutherland, an eCommerce, Online Marketing and Digital Strategy consultant based in Glasgow, Scotland. These are my thoughts on how companies can take advantage of the modern interaction technologies and methods to improve communications, influence behaviour and retail online better.
Friday, October 18, 2013
The Third Moment of Truth
Wednesday, October 16, 2013
The Moments of Truth
The First moment of truth (FMOT):
When a shopper decides to purchase an item (e.g. reaches for the product sitting on a supermarket shelf)
The Second moment of truth (SMOT):
When the shopper gets the product home and starts to use it.
More recently Google identified the Zero Moment of Truth. This was explained as being the online decision-making process that takes the multi-channel shopper from the initial point of stimulus through to the first moment of truth.
The theory is that by being aware of these stages in the buying process means, we can craft message and experiences around these points to encourage and persuade shoppers to buy. However Google’s Zero Moment of Truth, or ZMOT as it is referred to, needs more than a brief explanation of how it actually works in practice across the a digital world. Google's model highlights that there is now a new critical moment of decision that happens before consumers get to the supermarket shelf. That regardless of the products sold, customers and shoppers (the two terms here are pretty-much interchangeable) decision on what product to buy is made up. However, it is not necessarily persuaded by just one factor or one message via a single source… but by a complex combination of lots of messages, many of which are via digital marketing channels.
You can find out more about it here: http://www.zeromomentoftruth.com
However these models aren't really that new or revolutionary. Back several years ago I used the acronym AIDA in several posts to refer to a very similar marketing concept. This explained that there are 4 steps along the path to purchase of: awareness, influence, decision and action. This process takes the shopper up to the point when they commit themselves to purchasing… in other words up to the first moment of truth (FMOT).
In my opinion… What Google has done with ZMOT is to give a name to the two steps of influence and decision, shaped for the modern generation of multiple channel users.
Or to break it down in a way that I find easy to understand, I've created the following diagram which shows how I think these different approached come together:
Monday, October 14, 2013
New Google nav hints at Google Plus desparation
Although this change may have been done to easily give consistent and easy access to further Google areas... I can't help think that the search giant has also tried to put the link to Google Plus, it's own social networking platform, in a more prominent place. Google has therefore moved this link from the far left (where is sits as a link with your name and a plus symbol) to center stage, where it now the first of only three text links.
To be frank, there can't be anywhere more obvious to the user than putting the Google+ hyperlink in its new place and hints at desperation to drive users to a tool that still doesn't seem to have the user adoption that it might have expected or hoped.
Friday, September 27, 2013
The signs that Google is killing the SEO industry
1. The removal of organic results from the top of the SERPs (Search Engine Results Pages)
In a post a year ago, I commented on how little of the organic search engine results showed on the page of a normal user's screen for hotel-related searches. Back then I explained how very little actually appears above the 'page fold' on a decent size monitor and asked Google the question:
Are you trying to do away with the search engine optimisation industry entirely?Well a year later the search giant has answered my question, by showing no organic results above the fold for certain search queries. E.g. "diabetes symptoms".
Unless you're in the SEO industry you might not have been following the recent developments in the ongoing [not provided] issue with Google.
To put this in a non-technical way... Google used to let's site owners see which words were driving organic search traffic to their site, via the Google Analytics tool they provide for free. However, over the course of a almost 2 years, the percentage of terms you get to see in GA has diminished to the point where now only 20 - 30% of the total are visible... and this is decreasing all the time.
Why? Well there has been various excuses for removing this incredibly valuable SEO source, from the generic "privacy" label through to the mention of "NSA snooping" (That's the National Security Agency, the internal spy organisation, similar in function to GCHQ, to us Brits).
However, despite all this bluster by the 'Big G' about protecting our privacy, Google still provides full disclosure about specific keyword usage to those who pay for it's AdWords Pay-Per-Click service. Thus putting a price on your privacy.
Thursday, September 19, 2013
Google changes the top nav for search again
In what seems to be an about-face from the adoption of the black left justified "Google bar" that currently lives across the top of all Google apps, the new version gets rid of the black background and moves to the right.
In my opinion this makes the Google+ link to Google Social Networkking platform even more obvious and seemingly relegates the useful links to: maps, Play (Google's app store), YouTube and more. To now reach these functions, you click on the three by three grid image, which then drops down the icons for these popular apps.
Will it catch-on and be adopted across the entire Google estate? Or have I just stumbled across a limited test by the Big G?
Sunday, September 15, 2013
Embedding a Google+ post inside a blog article
However was actually easier than I thought. By selecting the drop-down menu at the top of a top, you get the options as follows:
Then just selecting "Embed Post" you get access to the HTML code, that you then just copy and paste in the HTML editor of your blog.
Note: editing HTML might not be everyone's idea of 'easy' but for most technically proficient users this should be relatively simple.
Saturday, September 14, 2013
Will Social Media Experts take over the World?
However, I now fear that the Social Media Guru Disease is getting out of control. Now rather than the prediction that the population will be filled with an excess of flared sequinned jumpsuit-wearing singers, we could end up with more than our fair share of inexperienced 'Social Media Ninjas' and self-trained 'Social Media experts' setting up training courses in "creating a Facebook page" and running webinars in "how to engage customers using Twitter".
Well... too late, we already have too many of these!
Hayden has now left the building.
Friday, September 13, 2013
Do you have Social Media Guru Disease?
What are the symptoms?
- A delusional state of mind
- The constant mentioning of abilities and expertise that the person clearly doesn't have
- The impersonation of professionals they have occasionally met or seen
- Constant requests for you to like them or follow them
Yes, Social Media Guru Disease is here people and could be affecting those around you at this very moment.
- Does your partner keep setting up different Twitter accounts for no reason?
- Has your son started drawing large letters (particularly the letter 'F' in blue) on every vertical surface?
- Have you the secret worry that 'Instagram' may not be the covert word for your colleague's drug habit?
- Has an old school friend sent you over 15 request to 'like' their flower arranging business in the last week?
Thursday, September 12, 2013
Is this the best 'Page Not Found' message?
This is sometimes called a "404 error", as this is the official server code created when a web server can't find the page requested. And typically this 404 error page generates a dull computer-created message that looks completely out of place on your newly-designed digital masterpiece.
However, it's not often you come across such as page that makes you giggle. I'll therefore leave it up to you to decide if this 404 message from baby & toddler retailer Mothercare is actually the best example out there.
Monday, September 9, 2013
Retailisation - what it means to be a modern digital retailer
"We need to think more like a retailer"
"Our business needs to evolve into more of a retail model"
Sound familiar? Well I'm hearing these sorts of quotes more and more often these day, and not just from the obvious brands you would think. But from established product manufacturers and service providers, who realize that they need to up their game and drive people to consideration and purchase/subscription/take-up.
It seems that despite a recent Global economic melt-down driven by over-spending and an economic reliance on spending... retailisation seems to be the way forward. Everyone apparently now wants to be the next Amazon, Zappos or Play.com
So what does it actually mean to think and be more like a digital retailer these days? (Especially the major online or multi-channel retailers, who seem to epitomize this ethos).
Well here's my thoughts:
- A good online retailer never stops looking for ways to improve what they have. This constant & iterative approach to goal optimisation means sites need to constantly change to increase their conversion ratio, average order value and other KPI's. eCommerce giants like Amazon, Argos, Tesco, etc. no longer launch major re-developments once in a while, but have a tried & tested process of smaller changes planned based on analytics & insight. These changes are then implemented in an optimisation road-map as quickly as they can, with the idea of building up a picture of what works and what doesn't.
This is also not just something that done on the homepage of your site, where every product/service wants to get visibility, but on every page / template, including: landing pages, product pages, etc. - Use every opportunity to maximise each individual transaction. From useful up-sell and cross-sell opportunities through to optimised abandoned basket messages or a clever eCRM communication that pulls in dynamic product suggestions based on browsing history... you have the data, use it to persuade and encourage.
- Carry out regular user experience site reviews, but ensure they are done from the perspective of a prospect/customer.
Examples could include: - A new customer looking for product information
- An soon-to-be customer looking for product validation
- An existing customer looking for support or returns information
- A lapsed customer who has forgotten their password.
- A PPC & display budget should focus on those campaigns that deliver conversions and not just visits or other vanity metrics. In other words, deliver a bought media strategy that targets goals using input from you site analytics.
(And if I hear one more senior exec say "we have X number of hits on our site" - I think I'll scream)
Friday, September 6, 2013
Online success - 8 soundbites for digital improvement
Find and identify your audience
Turn monologues into dialogues via web and social networks
Match the style of message with the style of audience
Create, implement and analyse ideas which deliver results
Measure value and worth properly
Build engagement, loop it and exploit it
Developing a programme for continuous improvement
Evaluate, set-up, use and tools that use the data you already own
Hopefully in another post or two I'll go into these in far more detail.
Wednesday, September 4, 2013
5 ways to spot a crap Content Marketing agency
Only there’s a big problem with that.
To try and fill the gap between client expectations and delivery of these, a bunch of agencies have recently cropped up offering: Content strategy, Content Marketing, In-bound marketing and the rest. You know the ones… they email you all the time (well, they fill up my ‘Promotions’ tab in Google Mail – which I now treat like a second inbox for spam) and make it seem like they are a reputable company and not just a bunch of people jumping on the latest digital bandwagon.
Yes, there will be the odd one out there who has actually done what they say and possibly for some brands you may have actually heard of. But a lot of them have either just re-purposed their existing Search Engine Optimisation efforts or may have worked out how to do the basics in Google Analytics (e.g. look at in-bound source URLs, print out a PDF of landing page bounce rates, etc.).
So here’s my tips on the ways you can spot a crap content marketing agency:
- They send you an email such as “understand blogging basics” or “free website content review” when they've not even looked at your site
- They don’t actually have any content creation and copy writing skills (they typically only offer to suggest blog posts or to analyse what you've already written)
- They have spelling or consistency mistakes across their website (an obvious sign of poor content quality)
- Despite claiming to have been doing “Content Marketing for years” their own twitter feed and blog posts go back less than 12 months.
(And watch out for the tell-tale sign of sudden flurries of blog posts all written around the same time, and then large gaps where they haven't been bothered) - They make wonderful sweeping statements like “you need to increase brand engagement” with no indication of how you actually do this, let alone measure it.
So. Did I miss any points? Let me know.
Monday, September 2, 2013
Think Search Engine Optimisation is easy?
- The improved placement of your site in search engines can’t be guaranteed. There are certain SEO things within our control such as on-site content, the code of your website and some in-bound links (e.g. from partners, etc.). But there is a lot beyond our control, such as how the search engines index & display sites, plus what the competition does… all of which may affect the positions of your site in the organic search engine result s (SERPs)
- Reputable SEO agencies should not use any underhand or short-term 'black hat' SEO activity to gain an improvement, no matter how tempting this may be to the agency or the client. There's no instant way to get a significant lift in your site rankings without a lot of hard & genuine work. So don’t keep asking us to do it, or we will resign the account.
- We are (to a certain extent) at the mercy of your web development agency to make code & configuration changes for the benefit of SEO. By the way, if that’s also us, then don’t worry. Your web developers may have their own opinions on what is good for SEO, we may have another... we’re not saying we’re always right, but we may have the bigger perspective here.
- SEO & PR now have to work together to be truly successful. We’ll therefore need access to either your in-house PR person or your PR agency. If you don’t have either then we can still do loads of great stuff, but our link-building activity may take longer.
- We can't optimise your site without content... decent, credible, interesting, readable and shareable content. If you have no intention of producing it yourself, then we can suggest people for this job. But if you don’t want to use them… then the scope of how we can optimise your site is then limited.
In short, I don’t think Search Engine Optimisation is easy, although the positives of working in such an interesting and dynamic industry more than makes up for this.
Wednesday, August 28, 2013
Linking your blog to Google+
My first step towards using Google+ was linking this blog to my Google account. Usually this is a process of just checking a box in the back-end of the Blogger.com administration and off you go. However in my case this was a little more tricky, as my blog was created in an older Google account and my public Google+ profile sits under a different one. This was resolved by adding the account with my G+ profile to the list of authors and administrators of my blog and then subsequently going in a removing the older account.
Having then linked this blog to my Google+ profile, it was only a matter of days before I noticed that this link was recognised by Google's search results.
Monday, August 26, 2013
The Key Objectives For Any Digital Strategy
Here are mine:
- Be great
Create a seamless digital presence that evolves over time to create a service that maintains & improves quality and exceeds digital standards & user expectations. - Be inclusive and user-centric
Ensure as many customers as possible can access your functionality via digital touch-points, regardless of their: ability, connection, devices (e.g. mobile, PC, kiosk, tablet, etc.) and location. - Be optimised
Build a service that optimises your life-long contact with your customers. Provide: relevant, timely & targeted information to maximise revenue using online marketing & communication techniques. - Be measurable
Understand digital visitor behaviour at every touch-point and use that data to create insight to inform business thinking and steer future digital roadmap developments, marketing services and business processes.
Friday, August 23, 2013
Further musings about Meta tags
This therefore raises the question of whether you should even include it in your site or if you should remove it.
So here's some thoughts on the pros and cons of keeping this tag in your site.
Remove them:
- Your site HTML code can easily be seen by viewing the source in your browser - PC's typically. This means the keywords always on display and can therefore give your competitors insight into the keywords you are targeting.
- Although a lot of people are now on super-fast home broadband and work connection, there are still a number of users on slower download speeds ... including those on mobile devices. Although removing a line of HTML code isn't going to make your site noticeably quicker, as one UK supermarket slogan goes... every little helps.
- HTML / Accessibility standards change and evolve from time to time. Therefore there is the chance that the Meta Keyword tag could be brought back into use (although very unlikely I guess).
- Some on-site search mechanisms might still use them to classify pages on your own web presence
- If you're after throwing your competition off the scent of what keywords you're actually targeting, you could always put false ones in your meta tags... but then, that might be a little too much
Wednesday, August 21, 2013
Have a redirection strategy when changing your site
- Re-platforming (e.g. moving to a more enterprise content management system)
- Changing the design of the user interface and navigation
- Applying a new site structure
When doing all or some of the above, one very important thing usually gets forgotten… the redirection of old page locations to their corresponding new URLs.
Why is this important?
Well, for a start, you hopefully have previous visitors who have bookmarked specific pages with the aim of returning to them at a future date. You would not want them to get the ubiquitous ‘404 error’ that tells them the page is not found on the server.
Secondly, you want to preserve as much of the SEO value of each page as possible. Current thinking (and input from search engine optimisation authorities such as Google’s Matt Cutts) says that the majority of PageRank Juice’ is transferred to the target page when you do site re-directions correctly. And the correct way of providing redirect is via a 301 redirect, which tells the incoming page request that this is a permanent redirection.
There are some important things to note here:
- The amount of Google PageRank that you lose through a 301 is currently identical to the amount of PageRank that dissipates through a normal link.
- A 302 (temporary redirect) passes 0% juice through to the target page, so should be avoided when optimising your site for search.
Therefore for any sites realistically bigger than a few pages, it is important to plan your redirection strategy. But not just as you are cutting over from one site to another, but as much in advance as possible. In other words, ideally as soon as the new site map and page content have been agreed.
You then have the job of mapping old URLs to new URLs. This can be quite simple if both versions are similar. However it can be far more complex when pages are split across different subjects or when you have an entirely new approach to your site content. So plan your redirection strategy in detail and make sure you are sending users and search engines to the most relevant new location.
Tuesday, August 20, 2013
Returning to Wordpress SEO
Note: We've moved onto typically using Drupal for most decent sized sites these days, mainly because it is more of an enterprise CMS and far more stable when you have multiple users all entering and editing content at the same time.
However I had the chance to dive back into the area of Wordpress SEO very recently. This was when a new client was already in the process of having their site developed by anther agency and needed some help to ensure they got the most from their content. Luckily the web developers had used the popular Yoast Wordpress SEO plugin. This was a tool I hadn't used in at least a few years, so it was interesting to see if the popular Wordpress plugin had evolved much.
Luckily the important features are still there, primarily the ability to edit the Meta Description and Meta Title for each post and every page.
Note: Most search engines apparently no longer take any notice of Meta Keywords, which were once the first set of changes for everyone in the search engine optimisation industry. Also older site accessibility standards included some meta data a basic acceptance criteria, however Meta Keywords were not explicitly stated back then and the more recent WCAG2.0 doesn't mention the need to include any specific meta fields... phew!
Luckily the product has improved since I last use it. I really like the Snippet Preview, which gives you some indication of how your page will be displayed in search engines such as Google (however, from experience, search engines don't always take the on-page data you provide and use other sources - e.g. Alexa or http://www.dmoz.org/). Apparently Yoast has been using Linkdex for it's advanced page analysis tools for the last year or so, although this breakdown of: word count, keyword usage and relevance isn't something I've seen in my stand-alone version of Linkdex.
Overall, it's been a rewarding experience going back to something I used to do and re-learning an updated version of a popular SEO tool.
I'll try and blog about the results of my efforts when the site goes live...
Friday, August 9, 2013
Make Customer Experience Management easy for real people
I must have heard the phrase more in the last few months than I have in the preceding 10 years. It's like every middle manager thinks they have only just invented the term... But that's OK, these people can catch-up with the online industry. We've been using: personas, customer process flows and transactional funnels for over a decade, with great success.
But now things have changed in that time. The idea that the user follows a linear journey is a simplistic model that takes no account for the multiple user types, needs, loyalty, etc. There's also a lot more data available via analytics now can be interpreted, analysed and even processed in real-time to create a dynamic site experience (e.g. product recommendations and multivariate testing) and automate various marketing processes (retargeting, etc.).
However, for all the fancy integration and mathematics behind the scenes, these complex systems still need a non-technical person to manage the experience day-to-day. Normal humans (not rocket scientists) are needed to change assets, conduct conversion experiments and approve content updates. In short, the very person who has now got excited about the improved user experience, now needs a simple way to manage the data-driven customer experience.
Wednesday, August 7, 2013
Building your corporate digital analytics capability
Digital analytics is now taken seriously as a business tool. From what was once a mainly geek-ish domain has emerged a significant service that can empower the business to make more rational or efficient decisions. But just as other digital resources have grown (and grown-up) over time, the analytics resource in your organisation may well have grown too. If fact, making the point a bit stronger, if your web analytics team has not grown in size or depth in their understanding as the rest of your online capability has matured, you are probably missing something.
However… creating, scaling and keeping your web insight team is not an easy task.
Firstly positioning the team as just another marketing service is not the right approach. Having them regarded in the same light as a search engine optimisation or pay-per-click resource misses the point. This is not to take anything away from the SEO or PPC staff you might employ but the online analytics function is not just there to inform and maintain the current activity… but can also be used to feed insight back into your organisation too.
Creating the right online customer analysis and insight team structure depends a lot on the size & scale of your company. Most small companies do not have someone dedicated to this role (unless they are a digitally-focused business such as an eCommerce site) and even a lot of bigger companies combine the work of a web analytics function with other disciplines, and in a lot of cases this is digital marketing. It is therefore typically only much larger enterprises that can usually afford or utilise a dedicated person or persons in a digital analysis capacity.
Structuring this multi-person team can then be a little different from the way you might structure another digital functions. Although a lot depends on the types and quality of the individuals you hire. Just having a bunch of people who can all do the same things might not provide enough specialisation or focus… and analytics can quickly get into specifics. Some larger teams can range in skill-sets from more technical-orientated people through to business-based modellers who can pull trends and opportunities from complex data structures.
Keeping the team (aside from the effects of your own management style) can be the hardest thing to achieve. From my own experience there is currently a lack of decent experience digital analytics professionals out in the market right now. Quite frankly, we need more digital analytics experts. People with the right skills and experience are given far more choice about who and where they work, with many choosing a more lucrative career as a freelancer or consultant. Therefore holding on to good digital insight staff is crucial if your organisation is to you want to grow your capability and retain best practice knowledge.
Monday, August 5, 2013
Lawyer's Letter to Merchant Soul
Thursday, August 1, 2013
Tracking individual users in Google Analytics
If you read the Google Analytics support documentation on Google’s website, you will see in several places there is a reference to NOT using PII (Personally Identifiable Information). This is data that can be used by Google to identify an individual and includes info such as: Name, Address & Email address. However PII can also be a mobile phone’s unique identifier or some other way to recognise a specific device.
There are work-arounds to this restriction (such as using Custom Variables that hold randomly-generated reference for each specific user), but these come very close to violating Google’s End User License Agreement and are definitely not in the spirit of the platform.
So can you upgrade to Google Analytics Premium (the paid-for version of GA) and then start to store important user data? No. The collection of personally identifiable information (PII) is in violation of Google Analytics entire EULA and therefore paying $150k still doesn't let you use the platform as you might have hoped.
Google has therefore been pretty specific in its user agreement (with its new Universal Analytics product also currently having the same restrictions) and even gives the warning that:
Your Google Analytics account could be terminated and your data destroyed if you use any of this information.However, I have one important point to raise that has been bugging me…
In GA there is the feature to understand your Multi-Channel Funnels. This is lets a site manager understand the interactions between different online media and see how the channels work together to trigger sales. Since this report gives a breakdown of all the multiple digital customer touch-points over the last 30 days… if Google doesn't uniquely identify individuals, how does it know when specific people use each channel and then join them up to create a complete picture of the steps customers take before actually converting?
Wednesday, July 31, 2013
Forget creating a digital strategy
- What’s the point in having a digital strategy when there are probably a number of different online initiatives around your organisation that don’t know (or care) about the more strategic direction being taken?
- Why even plan a digital strategy, when there are simple digital projects that have either failed to get off the ground or have subsequently turned out to be turkeys? (These don’t have to be monumental projects to entirely redevelop your online business, they could be something as basic as a quick microsite that has failed to comply to HTML standards)
Monday, July 29, 2013
British Airways pricing might need work
The other day I was buying a flight down to London to see a client and used the British Airways website to book. I looked at various options to get the cheapest flight, but was a little surprised to see that the cost of flying from Glasgow to Gatwick costs more when you take less baggage.
Yes that's right, to fly with a suitcase up to 23kg in weight is £11 cheaper than just travelling with hand luggage.
Note: I know that BA's digital revenue management team can't be expected to get pricing exactly right and that errors will occur. However on this occasion I did book the cheap ticket and simply 'forgot' to take my large bag.
Wednesday, July 24, 2013
eCommerce and the dehydrated mare
Well, if you leave a thirsty horse right by the water trough, make it as easy as possible for them to take what they want and show the water off in the best way possible… you are more likely to get it drinking.
The same goes for eCommerce websites, where the you have no control over the actions of a specific user… but by a clever combination of: thought-out usability, customer insight & segmentation, an acute focus on maximising customer revenue and a ‘test & learn’ approach, you stand a far more likely chance of converting prospects into customers and makin more money in the process.
There's unfortunately no one-size-fits-all model for eCommerce, but typically there are best-practice models to follow in each market sector. Understanding what works for your business is then a process of trial and error to establish what combination works best.
Remember, you may drag your customers to your site via a number of different marketing channels; but what they do when they are there is yours to shape and persuade.
Monday, July 22, 2013
email to Stephen Halpin of Merchant Soul
Thursday, July 18, 2013
True content marketing is calculating page value
Wednesday, July 10, 2013
Going Global with eCommerce?
I'm a great believer in learning from those who have gone before. So I thought I'd share this email from our pals at Cranberry Panda, who recently filmed every speaker at the EcommerceUK event called Going Global.
Here Dave Elston, Head of Ecommerce at Clarks, presents the challenges that the shoes retailer faced in reaching a global market.
A copy of his presentation can also be found here:
http://www.slideshare.net/practicology/going-global-clarks-european-ecommerce
Monday, July 8, 2013
How do you segment financial services customers?
So rather than dwelling on this, I thought it better to look at ways that banks in the future could segment their customers. But to be honest, I couldn’t come up with a single simple way of segmenting financial services customers that made sense in the modern world. Nothing really fitted nicely and any possible model had loads of exceptions to the rules.
And then it struck me... that perhaps there's no longer a few simple segments that fitted all financial services customers. Perhaps this subject is just too complex to put into simple terms... or in other words, perhaps now with the advert of clever data analysis and personalisation, there's no need to segment them into a handful of categories, everyone is in their own segment!
It's therefore my prediction that banks will eventually integrate big data analytics into their CRM systems. This will develop their understanding of who each individual customer is, alongside a record of what products and services they have already got do describe how best to meet their needs.
Some financial services companies may already be on their way to delivering this vision and this should be an interesting space to watch as the use of dig data analysis takes off.
Monday, July 1, 2013
Don't base digital shopper activity on ecoupons.. yet
It therefore seems that paper-based redemption methods are more popular than ever, but that ecouponing hasn't got the mass adoption it should have.
Here's a couple of possible reasons:
The major supermarkets have so far failed to embrace digital vouchers. Even my Tesco Clubcard app on my mobile phone, which uses a simple bar code shown on the screen, only works on a limited number of their scanning tills (and none of their smaller local stores near me, which seem to be the type growing in number right now). Yet I walk in with a handful of paper - based ones (from newspapers, magazines and even self-printed at home via sites such a supersavvyme.co.uk) and they all bleep through with no problem.
Perhaps as a result of the point above, even the major FMCG brands (typically the early adopters of these sorts of things) have not taken up the opportunity to use electronic coupons in any sizeable numbers.
Thursday, June 27, 2013
What is a good bounce rate?
For those unsure what exactly is meant by the bounce rate, it is usually defined as those visitors to a site who only view one page of the same site in any one browsing session. The metric is calculated by dividing the total number of visitors by those who only view one page and then expressing this as a percentage.
But is a high or low bounce rate a particularly good or bad thing? Let's take an example....
Imagine a company has a website that showcases their products and uses both SEO (Search Engine Optimisation) techniques as well as Google Adwords for Pay-per-click digital marketing. When investigating bounce rates from their digital analytics we see that visitors from organic search engine sources have an approximately 40% bounce rate. This compares with a rate of around 55% for those coming from pay per click adverts over the same period.
Surely the bounce rate generated from the organic source is healthier? As less people come to the site and disappear straight away, this must surely mean that they are 'better' users is some way?
Or to flip it around, doesn't it therefore follow that the paid PPC campaigns are delivering less value than those from search engines?
Not necessarily.
Search engine optimisation is not an exact science and depending upon the search terms used, the page displayed in the search engine results pages (SERPs) might well be different from the one you really want them to go to. This may also be different from search engine to search engine. If this is the case, it is likely your paid efforts are pointing visitors to the page of your choosing and one that may well be optimised for this purpose.
Note: this may well mean that the users’ paths to complete their required goals are different and could affect the conversion rate.
Now far be it if for me to suggest that any upstanding company would deliberately mis-represent their site in PPC adverts to potential visitors.. but I have seen examples where the Ad Words copy significantly differs from the content of the target page. Now I’m all for experimentation to understand the optimum copy in each circumstance… but when the paid advert content sets an expectation with the person about to click on an ad, don’t be surprised if they bounce straight out if the page doesn’t meet those expectations.
Whatever your bounce rate, you should always take whatever steps you can, not just to minimise it, but to focus on optimising your collective set of site KPI’s and maximising the commercial opportunities your online presence gives you.
Wednesday, June 26, 2013
Hilton website shows failed users the door
Instead, and after what seemed like a long wait (although it may have been only a few minutes), I was given the image below:
To some users, this may seem like a well-designed error page, something that shows that Hilton cares about such eventualities. But for me, this wasn't the message I took away. Instead all I saw was a closed door with the handle down and the online equivalent of a 'do not disturb' sign hanging there.
Was this really the message Hilton wants to give users who have already had poor site experience?
Friday, June 21, 2013
Does it matter where anything goes?
So what do I mean by all this?
Well, as I've mentioned in several posts before, the creation of a website (e.g. an online retailing one) is just the end of the beginning... Not the beginning of the end. Your journey has just started. So if you haven't already begun to use AB tests or Multi Variant Testing tools already, I bet you're at least considering the way you can use them to improve your KPI's.
This does consequently create an interesting debate that you might like to have with your web design / development agency or in-house eCommerce team. Centred around the central premise of "Does it actually matter where you place content and functionality on the web page when you're creating it?"
In other words... if you practice the science of 'user centred optimisation', then very quickly your iterative process of test & learn will find a better way than you came up with at the beginning of your process.
And yes, if you keep doing it... your site should continue to evolve. Therefore leading to the theory that it might not actually matter how you initially design your website, but that it just matters that you keep evolving it quickly and intelligently.
Wednesday, June 19, 2013
It's not traditional media anymore
Some traditions are great and are quite rightly upheld. Traditions not only show us where we came from, but also serve as a reference point to remind us what was good at a given point in time.
Tuesday, June 11, 2013
The rise of Personal Finance Management services
Diving into this industry again after several years out of it, I was struck by the changes that had taken place. For example: The reputation of banks was lower than it had been nearly 10 years ago (primarily due to the financial crash, but also because of the rise of customer complains brought on by better communication methods such as the Internet and Social Media) and people were eventually breaking away from the traditional and clumsy segmentation models of life stage and age.
However one thing in particular grabbed my attention more than most, the potential for banks not to own the financial interface with the customer anymore and that a service layer could be placed between the user and financial services provider. In other words, the market was far more likely to use personal finance management tools now than ever before.
But why are online personal finance management services now being considered? Especially when banks have spent so much money and time creating their own direct banking channels?
1. Users want independence
Having a product agnostic platform puts the user back in control. Look at the gradual dominance of the aggregator in financial comparison; from credit cards through to car insurance, online now provides a way of comparing and contrasting multiple products in a single place. This independence from a specific financial services provider gives the user a place they can trust and not have cross-sell and up-sell offers from the same company tirelessly pushed to them at every opportunity.
2. Users need better interfaces
All online banking and services sites are playing catch-up with each other, but all so very slowly. Thanks to lengthy development timescales, the need to comply with in-house governance and the very nature of financial brands to be less agile and more risk averse... you then get products that work, but are rarely shining examples of fantastic functionality, user experience and design.
3. Users have more choice
The financial services landscape has changed. These days users not only have the ability to switch providers for their insurance and banking needs, this switching is becoming a legal requirement that all FS providers must support. Add to this the fact that so many financial companies have now all diversified into as many different markets as possible (usually by white-labelling everyone else’s services) and the choice amongst products is bewildering and still growing...
When you then compare these facts with the ability of smaller, digital-first and more innovative personal finance manager sites, you can start to see why some banks and building societies are getting worried. The rest, well they’ll have a nasty shock when they eventually wake up.
Monday, June 10, 2013
Still segmenting financial products by life stage?
Throughout all of this, we focused on targeting prospects according to their life stage. This followed the typical life stage breakdown of:
- Going to university (student account)
- First job (graduate or regular current account)
- Wedding / First house (mortgage, home insurance)
However this segmentation, aided by the banding potential customers by age (e.g. Ignore if under 17, try and grab customers aged 18 – 21, market the heck out of those who are under 50 with money) always seemed fairly rudimentary to me.
Now several years on and with more life experience under my belt, I see that these basic categories and product segments are less and less relevant. Why is this then? Well...
1. The customer is more demanding
They now require financial products based around them and not just any old thing that their existing FS company wants to tout. However most typical products offered still don’t provide the flexibility that the modern informed buyer wants (e.g. Could I find an offset mortgage when I recently went looking for one? Nope!)
2. Life has changed
Society is more diverse and multi-cultural, consumer choice has fragmented and so have the niches that went with this. Therefore the life stage someone is at is no longer as predictable an indicator of the propensity to buy a financial product as it once was. Nowadays a person of 55 and 25 could have the same requirements in cars or property (and therefore the insurances needed to cover both), just as they could also have in music, clothes and food.
3. Trust in finance by younger people has crumbled
Just in the same way as you once would have advised a smart young city-dweller to work in a bank but now wouldn’t so much (for fear of getting a slap), trust in products such as savings and pensions has been eroded... leading a lot of the millennial generation to ignore traditional financial institutions and use alternatives (from the ‘bank of mum & dad and beyond)
In short, people and their finance needs have evolved and fragmented over the last decade, with the impact that the old models used are not the new models now needed.
How they should now segment is perhaps the subject of a different post...
Friday, June 7, 2013
Is digital optimisation the only strategy?
In short… digital operational optimisation is only one side of the story.
Back in 2012 I mentioned that to be a truly effective digital business you not only need to do things better, you need to do better things. This was something I called the Sir Terry Leahy approach, after hearing him speak on the subject:
http://press20.blogspot.co.uk/2012/03/multi-channel-competency-and-innovation.html
But how many companies actually include innovation as part of their digital strategy? How many try to bake into their culture and products the ability to create better things?
In my opinion, not many. Most are only concerned with playing catch-up with their peers, with some trying to emulate the trailblazers. Very few major companies seem to want to innovate in the digital space beyond the boundaries of what they've seen others do. This isn't innovation, its playing it safe.
And that's a shame.
Monday, June 3, 2013
The philosophy of content marketing
But the creation of content doesn't exist in a vacuum. To succeed at content marketing you don't just need great content... You also need:
100% code:
Just developing HTML that just about qualifies as 'fit for purpose' at the time of testing not only means that you may have issues down the line (e.g. when a specific browser is slightly updated) but may also hamper some of your SEO efforts. For example, some blogging platforms (e.g. WordPress) can take quite a lot of effort to get them SEO-friendly.
Killer UX:
Creating a fantastic user experience helps visitors browse your site with ease and complete tasks you want them to using functionality and content to inform them at every relevant step of the user journey.
So does content marketing include the use of A/B and multivariate testing (MVT) approaches to optimise the user experience? You betcha! Alternative versions of content can have significant influence on visitor bounce rates and understanding... which can lead to improved conversion.
Exemplary 'white hat' SEO techniques
Forget the grey and murky areas of questionable search engine optimisation actions, your content marketing efforts have to be based on sound and utterly legitimate techniques. Why? Well thanks to the recent Google algorithm updates there is now an the even greater chance that less than honourable techniques could negatively affect your website's organic rankings.
Insight from digital analytics
A good analytical understanding of what your visitors are doing when they get to your website gives you the knowledge to evolve your content (text, imagery , video , animations, etc.) by changing it rapidly to respond to trends.
Wednesday, May 29, 2013
Does content marketing work just on your own sites?
My initial answer to this question was a clear "Yes, all CM activity needs to be done on your own sites". Or to put it into more 'consultant speak'... Content Marketing activity only utilises 'Owned' digital sources and does not involve 'Earned' or 'Paid' ones.
Note: Owned online properties are those where you have the ownership and means to change the content. Company brand sites, eCommerce portals, brochureware sites, Facebook pages (where your organisation manages what is posted there) and campaign microsites are all included in this definition.
However, whilst writing a blog post to this effect and therefore thinking it through in more detail... I realised that this initial response might not the correct one. Most content marketing efforts do start on your own sites, but ignoring the paid and earned sources means you are missing out on a significant amount of content marketing potential.
To try and explain my thinking, I've pulled the following quick diagram together:
This diagram tries to explain the following:
- Your owned properties can be used to push content into the earned space. E.g. Via the use of social sharing tools you can extend the reach and impact of your content.
- Your earned media can help shape influence and therefore build traffic to your owned media.
- Paid media can help to directly bring traffic to your site.
Wednesday, May 22, 2013
Offer sites are NOT digital shopper marketing
This site was shown to me by a friend as with the description "Hey, you work with digital shopper marketing projects. This is a great example of an online shopper website". However, on this point I took exception.
In my opinion sites that provide discounts and promotions are not digital shopper marketing initiatives, they are what they are... useful platforms for registered people to buy a restricted set of products at heavily reduced prices.
For me, digital shopper marketing sites (in theory part of your multi-channel shopper marketing strategy) should not just give you offers or promotions, which are tasks that you carry out once you've decided to make your move towards purchase. Online shopper marketing should also be there to to guide and influence the shopper's decision to buy with persuasive content.
Sunday, May 19, 2013
A data-driven digital strategy
Having a digital strategy for your organisation is a stepping stone to taking advantage of online channels to: make money, save money, maintain & improve service and deliver your brand promise.
Easy eh?
Well... no.
Having a digital strategy is better than not having one, but having the wrong one (or half of one) can be detrimental. And typically the wrong digital strategy is one that doesn't focus on the right things. For example just basing a digital plan on the deployment, use and support of online applications is giving yourself too narrow a scope.
If I could therefore give everyone just one piece of advice, it is to create a data driven digital strategy; an approach that is:
1. Powered by information from your digital analytics
2. Informed by insight from analysts, who use different data sources to give your organisation a true picture of what your customers are doing and also want from you.
3. Continually updated based upon the most recent understanding of users, trends, their goals and the value this creates for your business.
4. Full of facts, rather than assumptions and guesses
Improving the multi-channel customer experience
I recently read that that 40% of organisations cite 'complexity' as the greatest barrier to improving multi-channel customer experience (hint: it was here).This may at first seem a large proportion of companies who are struggling to either specify, deliver or improve on their multi-channel efforts... But perhaps its not entirely unexpected for several reasons:
1. Understanding the multi-channel customer IS complex
2. The technology to implement it can also be complex to a marketer or other senior exec who has not grown up with it.
3. There is no senior stakeholder commitment to push forward change. Perhaps why only 28% of companies say there is ownership of the customer experience at board or ‘c- level’ (same source)
Friday, May 17, 2013
Who’s afraid of the big bad penguin?
Fear not… these are not some frightening polar animals we are all cowering in fear of, but updates to the Google algorithm that can affect your site’s organic search rankings. Or to be more precise, they are actually a series of different updates to the algorithm to clean up the search engines results pages to display ‘better’ sites that Google thinks are a more relevant match for our query Panda updates started happening in early 2011 and were aimed at reducing the impact of low quality websites in Google’s results. Penguin updates started happening a little later in April 2012 and targeted sites that used ‘black hat’ SEO techniques. Both have had updates by the clever people at the world’s most popular search engine since their launch and are now key events that the digital marketing community gets excited about…. trust me, we do!
However, Google’s head of search spam Matt Cutts has recently stated that there will be a large Penguin update in 2013. One that will have a big impact that could affect a lot of sites. Sites who have so far used search engine optimisation approaches that sit in that grey-ish area between entirely ethical SEO and the darker world of dodgier techniques. The original Penguin release had a big effect on organic rankings for a number of sites (and not just the black hat technique ones). However the forthcoming update is due to be deeper and have a bigger effect than those before.
What effect? Well that's anyone's guess, however anyone who has used less-than-legitimate to get their site up the organic rankings may soon find out that this new penguin makes search engine optimisation a lot more black and white.
Monday, May 13, 2013
Businesses need to get strategic with digital
- A document that bolts online stuff into existing processes or technologies
- A presentation that just scares the exec board and therefore gives certain people permission to ask for more budget or grab power
Friday, May 10, 2013
Insight, the one digital metric we don’t measure
These displays of graphs and numeric tables can help the senior team quickly get an idea of the value of their digital channels, with ‘Goals’ (online results such as sign-ups or purchases) and ‘CPA’ (Cost per acquisition) figures being obvious KPI’s to get regular updates on.
These hard and fast numbers can go a long way to dispelling half-truths, rumours and ‘gut feel’ that humans instinctively use when there are gaps in their knowledge.
Note: I still see and hear of execs citing ‘hits’ as a great indicator of online greatness, with no understanding of how this figure is derived nor the understanding that traffic without purpose just creates a burden on IT infrastructure more than anything else.
Receiving and reviewing these dashboards might be one way of checking the digital success of an organisation, but a few pie charts and year-on-year comparisons does not even start to show the key output that needs comes out of these figures… insight. Insight that your digital analytics team (perhaps only made up of one person or even just part of a role somewhere) should be craving to provide
Measuring facts from all your digital touch-points is now possible and relatively easy in the online world. You insert a tag or two into each page (or action) of your website and sit back and watch the numbers scroll before your very eyes. Real-time reporting is now a reality, with even the free packages such as Google Analytics telling you where, when and what your visitors are doing at every step of their connected customer journey. But gaining insight from these figures is a different matter and measuring the value of this insight is exponentially more difficult still. Perhaps that’s why to-date it isn’t measured
But actually, it is...kind of. Insight derived online reports can show up in all sorts of ways, usually when there is a feedback loop from this data back into the business, for example:
- Geographic data about where website or app visitors are coming from can inform business strategy. Imagine the mergers and acquisitions team knowing which counties the biggest increases in valuable business traffic have recently come from
- Significant differences in the search engine keywords entered by users to reach your sites can predict market or investor trends. Data that could be of potential use to many central functions, including finance, proposition and commercial teams
- Site bounce rates can not only inform your User Experience team of potential issues, but can reflect on product price, content quality or site speed (or a possible combination of all three plus other factors









