Friday, 23 October 2015

Using Kissmetrics to Find Out If LiveChat Is Affecting Conversions

Live chat. If you don’t already have it installed on your website, you’ve undoubtedly spent hours contemplating and debating with your colleagues. But does it actually work at increasing conversions? If you don’t have an analytics tool that provides this data, you’re left in the dark. Kissmetrics is here to help.

Kissmetrics includes an integration with LiveChat. This integration can give a lot of different details; such as if/when a person sees a pre-chat survey, if it is filled out, when a chat is started, etc. Today, we’ll focus on using Kissmetrics to tell if customers that use LiveChat have a higher likelihood of converting. Of course, you will have to be using LiveChat to get any data.

Does Chat Increase Conversions?

Each business is different. I’m not going to make a blanket statement like “chat doesn’t increase conversions”. What works for some companies may not work for others. Since you have Kissmetrics, you’ll know what works for your company. Here’s how:

Using the Kissmetrics Metrics Dashboard, create a new metric. Select the option Number of People Who Did Event.

kissmetrics-number-of-people-who-did-event

Enter the name of your new metric and select the event you’ll be tracking. If you’re in SaaS, it may be something like sign up or demo requested. If you’re in eCommerce, it would be purchased or created account. Remember, we’re tracking conversions here, and you’re using LiveChat to see if it moves some needle. The needle you’re trying to move is the event you’re tracking.

For filter property, select Performed Chat. This will automatically be in your account once you connect LiveChat to Kissmetrics. Save your metric and you’ll get the data.

metric-details-kissmetrics-set-up

And you’ll get your data. True means they did chat, None means they did not. What you see below is just hypothetical data. Your results will vary.

livechat-kissmetrics-performed-chat

If you see that there is little effect, don’t give up on LiveChat yet. Here are some ideas of what to test in LiveChat:

  • Change your greetings – LiveChat allows automated greetings to popup before a visitor even types a word into the chat box. Do some automated greetings get better responses than others?
  • Compare chat agents – You may have 5 people that handle LiveChat. Does any one of them convert visitors better? With this integration, you can see the number of conversions each agent has delivered.
  • View the chat transcript – This one is a little more high-level and requires some manual work. But if you’re really curious, you can go back and view each transcript for the ones that converted and the ones that didn’t. The data is all within Kissmetrics. Here’s what you’ll need to do:

Use People Search to Find People Who Fit a Specified Criteria

livechat-kissmetrics-performed-chat

You’ll want to find the people that have done the event you’re using in the Metric. This can be signed up, purchased, etc. Next, find the people that have the property Performed Chat and it should contain true. You can make the date range whatever you’d like.

With this, you’ll find the people that signed up (or purchased, created account, started trial, etc) and have chatted. Click Search and get your list of people.

livechat-kissmetrics-people-search

Once you see the people, you can go back into LiveChat and see the chat transcripts. How did the agent manage to get the person to convert?

Compare these against the people that didn’t convert. To do that, just change the Have done event to Have not done event. This will show the people that have chatted but have not converted. You can then compare the transcripts of those that converted and didn’t. Compare the language and conversation and how they were addressed during the chat. You may be able to pick up some good nuggets on what triggers conversion and what doesn’t.

Recap

Here’s the takeaways:

  • Using chat on websites is a debated topic. Does it have any effect on conversions? Each website is different, and you’ll need to test it to see what effect it has for you.
  • Kissmetrics includes an integration with LiveChat.
  • Using Kissmetrics, you can see what effect LiveChat has on conversions. You’ll be able to compare conversions for people that used LiveChat and those that didn’t.
  • Go beyond just seeing if chat increased conversions. Look at chat transcripts, test different greetings, or see if one person on chat is better at converting users. You can also view chat transcripts to see if there are any trends in what questions people commonly ask.
  • If you’re already using Kissmetrics and LiveChat, you can view the instructions for integrating the two.

Questions? Feedback? Want to say hi? Put it in the comments.

About the Author: Zach Bulygo (Twitter) is the Blog Manager for Kissmetrics.

Increase Your AdWords ROI With These 5 Tips

If you’re a diehard AdWords campaign manager like me, then you’re always searching for an edge you can use to raise your rates of return. I have found dozens of different ways to do this over the years (by looking at literally hundreds of different campaigns), and today I would like to share five of the most commonly missed techniques and features, as a contribution back to the Kissmetrics community.

While the most substantial way to increase your campaign’s ROI still involves increasing your account’s overall average keyword quality score (as quality score and cost per lead metrics are directly correlated), your level of success in AdWords is heavily reliant on whether or not you have first acquired all the proper ingredients to create an overall bigger pie for yourself.

1. Target Consumers by Income Level

Half the battle with PPC has to do with understanding who can afford your products or services so you can properly target them.

I have outlined below the process for discovering which income classes are purchasing from you, at what rate, and how to make adjustments to target these people exclusively and increase your campaign ROI.

How Income Filtering Is Done in AdWords

While targeting B2B clients via PPC, we really can only guess who our customers are by what they type into Google (at least until Google rolls out their customer list targeting features). In B2C, however, it is rather simple and required in most cases to derive a healthy return from campaign spending.

There are actually two ways to segment – by income level – the traffic you are purchasing via the Google AdWords ad interface, one manual and one automatic.

The Manual Way

If you are a local business, I recommend going through all your individual neighborhoods and townships and making a list of all the places in your area likely to bring in profitable customers by type and category. You should manually select each area individually via Google’s location settings. Also, ensure your location targeting settings are set at “people in my targeted location” to prevent leakage.

google-adwords-manual-locatoin-targeting

google-adwords-Manual-location-targeting-in-my-location

The Automatic Way

For national campaigns, you can break out your targeted audience by income bracket easily via the campaign’s “location groups” settings menu.

google-adwords-targeting-income

Tiered Bids by Income Bracket

For most products and services, there will be income classes that are more profitable than others, so we can’t automatically eliminate any one income class target right away.

Break out, test, and review conversion numbers for each income bracket individually to make decisions about whom to target, and compare this with what your CRM tells you after the fact to make your front-end bid adjustments.

income-targeting-adwords

Set Bids for Each Income Bracket Individually and Only When Statistically Significant Data Is Available

Don’t Forget about Remarketing

Remarketing campaigns that lump together audience members from all traffic sources can also be cleaned up significantly by filtering out unprofitable income brackets. There is no need to market to those cheap contest entry contestants from your latest trade show; they are likely not worth the clicks.

How Income Bracket Filtering Really Helps You Make Money

Spending the time to figure out who is buying doesn’t just affect your campaign ROI on the front end. When salespeople spend less time providing quotes (over the telephone and/or in person), that will reduce not only overhead but also strain on the salespeople.

Similarly, when salespeople spend less time chasing bad leads, that will allow you to divert more of your sales department’s budget to better, more affluent salespeople, which will then translate into a higher lead-closure rate.

2. Try Dynamic Keyword Insertion in Ad Headlines

DKI, or Dynamic Keyword Insertion (which automatically matches your ad headlines with the user’s search query), is a highly controversial topic among us Google account managers. While it can often bring in the worst of leads, it does usually bring in many more leads overall, especially in cases where tightly grouped keyword sets are hard to assemble.

The method for making DKI work extraordinarily well for your business lies in figuring out how to disguise them. DKI that actually works tricks the web searcher into thinking they are normal, highly relevant ads. If there is no false reality created, then it’s not worth your time to implement.

dynamic-keyword-insertion-3

This DKI ad example looks fairly non-generated but could be even more convincing with a stronger “Description Line 1.”

dynamic-keyword-insertion-6

Here is a better DKI ad example. General search intent around “top network monitoring tools” is met with an offer to view what looks like an industry-reviewed product.

This ad would work fantastically well for most of the long tail traffic generated on this ad group’s keyword.

Proper keyword selection and match types work hand in hand with DKI ad copywriting to make DKI ad strategies highly profitable.

How to Decide If DKI Should Be Used on Your AdWords Accounts

Rule #1 – Do not use DKI on any ad group that is not converting well. DKI is known to make poor converting ad groups perform even worse.

Rule #2 – Evaluate all your AdWords ad groups individually when evaluating whether or not DKI will work for them.

If the ad group you are evaluating is already converting well and you wish to gain a nice boost in converted clicks, then you should check to see if there is a high disparity in the way people are searching for your products or services in that ad group by monitoring your keyword search term reports from within your keywords tab.

dynamic-keyword-insertion-4

If you find there isn’t a way to effectively target all common search queries with a laser-targeted, static-based ad, then it is time to run a DKI split test on that particular ad group. (If there is indeed an alternative way to target each keyword individually and effectively with a static headline, then it is time to silo the keywords in question into new ad groups, as they will actually perform better that way.)

Testing DKI on Applicable Ad Groups

Landing pages used in conjunction with DKI-generated PPC traffic will often not behave the same as landing pages handling traffic from static ads, so pay particular attention to your engagement metrics when you initially make the switch to DKI. It may be that you will have to set up a whole new landing page type to convert your DKI traffic well.

dynamic-keyword-insertion-1

Example DKI Ad Split Test

dynamic-keyword-insertion-1-5

Quickly Monitor Engagement Metrics from within AdWords by Modifying Columns

dynamic-keyword-insertion-modify-columns

In general, landing pages with less copy and simple forms work the best with DKI.

whatsupgold-landing-page

Example of a Landing Page That Will Convert Well with DKI Traffic

Mirroring DKI on Your Landing Pages

Once you have found the best DKI headline and supporting description strategy to grab the attention of as many prospects as possible and maximize qualified traffic to your landing pages, it’s time to replicate this strategy in each of the ad group’s landing pages in order to maximize conversion rates on that traffic.

With a little bit of scripting, we can automatically pull the user’s search query from our referrer and plant this as the h1 headline on each of our ad group’s specific landing pages.

pagerduty-landing-page-headline

Third party services, such as Unbounce and others, have this as a premium feature if you are using outside technology as a pre-made solution and to simplify your life (which is well worth the extra money if you are already using it).

unbounce-dynamic-text-replacement-pricing-page

3. Employ a Reminiscent Remarketing Display Ad Strategy

I don’t know how many times I’ve seen people using remarketing display ads in a way that creates a huge disconnect in the way people identify with the solutions they offer.

2wheel-remarketing

Example of a Remarketing Ad Done Wrong

Your Goal Is to Meet Users with Your Remarketing Display Ads

Remarketing display ads are there to remind the user of the copy they read on your site or the conversation they had with your sales staff. With the proper amount of follow-up, you can ensure a commitment is made.

Users will have multiple uninitiated conversations with themselves, which is key for effective remarketing results.

Here is a realistic and entertaining remarketing example sequence your visitors should follow:

k-n-air-filter

Visitor first browses K&N’s site for a high performance air filter for their vehicle.

k-n-advertisement

Visitor sees the above ad and thinks, “Okay, this ad makes me want to stop reading the site I was on. I definitely remember the benefits of the product they listed. I am, however, not motivated enough to get my credit card out of my wallet right now, but maybe later.”

k-n-air-filter-advertisement

Visitor next sees this ad and thinks, “There is the air filter I want to buy for my Honda. Heck yes, I want my car to run better. Maybe I will buy it when I get home.”

k-n-air-filter-ad-chevy

Visitor then sees this ad and thinks, “Wow, I have been telling myself I was going to buy this thing for a while now, but 27 more horsepower, really? Okay, K&N, you got me.”

Segmented Remarketing Works Better Than You Think

By segmenting your landing pages and remarketing message sequences as already mentioned, you will make a much stronger impression on your visiting audience as a whole.

Take a look at your view-through conversion reports in AdWords after you finish siloing your remarketing campaigns and see how well your view-through conversions are trending. If executed properly, view-through conversions will have spiked sharply across the board for all your remarketing related ad groups.

view-through-conversions-adwords

Again, Modify Columns to See Your View-Through Conversions Reported Directly within AdWords

How to Properly Calculate Remarketing Follow-up Length

Leads that do not result in an immediate close almost always require a good remarketing strategy to generate ROI. The only real question to ask yourself is how long you should follow up with visitors.

You can check your CRM sales reports and/or your Google AdWords and Analytics sales time lag reports to find the length of cookie window you should be setting for your remarketing campaigns.

The following data and screenshots should put things into perspective regarding how long you should really be setting your AdWords remarketing list cookie windows:

average-b2b-sales-cycle

The average B2B sales cycle length – Image Source

adwords-conversion-time-lag-report

Example B2C AdWords Conversion Time Lag Report That Shows Most Revenue Coming in Much Later

For B2C, the general rule of thumb is that the higher the item ticket price, the longer the sales cycle.

You should set your cookie windows in Google Analytics to match the length of time it takes your slowest customers to convert.

remarketing-follow-up-window

Remarketing List Follow-up Window Setting Location in Google Analytics

Summary

As with everything in marketing, ad frequency is more important than reach; Muhammad Ali did not beat his opponents with one punch! This is a game of subtle subliminal messaging. We are playing with our prospects, and it works well only if it’s incrementally spaced out like other branding or direct response campaigns.

Leveraging These Remarketing Results

Once you have set up your hyper-targeted remarketing campaign and know it’s working well for you, it’s time to leverage what you have built.

Replicate every ad you have made in every allowable ad size Google AdWords accepts. If you are not aware, Google allows up to 17 different ad types. Only half of them are used by most advertisers so that gives you a great competitive edge and sharp discount if you use them.

adwords-supported-ad-formats

Google’s 17 AdWords Display Ad Sizes

Animated Ads

If you have created ads in all the sizes Google allows but still wish for an even greater response, try animated varieties. I have seen CTR lifts of two or even three times on remarketing campaigns when an animated and/or interactive ad strategy was employed over a static one.

You’re Not Done Yet

Once everything is established, it’s important to mix up the ads so that they will continue to be noticed, as with Facebook Ads. Once your prospects have viewed your ads seven or more times, each additional impression will be less effective.
Produce and swap out new remarketing ads every quarter to ensure the maximum response from your new remarketing strategy.

k-n-ad-groups

Check out K&N’s diverse set of ads found on Moat.com for inspiration; they have a really good example of what you can do to mix up your ad strategy.

This Is a Lot of Work

Because most other advertisers in the display advertising space run ads for thousands of unique products or services together, custom designed ads and manual tagging are a great edge over the competition.

Marketers who do what everyone else is doing get everyone else’s results.

4. Turn Off Automatic Audience Targeting Expansion

Some of you are in such a hurry when setting up your new AdWords display campaigns that you don’t notice Google has taken the liberty of deciding who your customers are for you.

automatic-audience-targeting-adwords

When setting up any Google display campaign with a predefined audience list as a targeting option, Google gives you the choice (selected by default) to automatically expand its reach past the finite list given to them. While I have seen this feature of AdWords work successfully before, this feature by default likely won’t provide any value to your campaigns unless you are first giving them a huge audience list to work from.

If you are running new campaigns or smaller lists and make the mistake of leaving this default campaign feature on when creating your marketing campaigns, you will likely double or even triple your advertising costs without increasing the amount of revenue your marketing campaigns generate.

The only products I have seen work with automatic audience expansion are those with general mass appeal and/or extremely low commitment offers (think free).

culligan-advertisement-free-water-analysis

A Possible Good Ad Candidate for Automatic Audience Expansion – Maybe

5. Turn Off AdSense for Mobile Apps

Any good manager already knows about this one, but I wanted to include it just in case you haven’t checked into it yet.

For Google display campaigns, Google by default allows us to advertise on mobile apps unless we specify otherwise (thanks, Google).

By checking your display campaign placements report today, you can see evidence of mobile ad clicks coming through your campaign if mobile app targeting has not already been deactivated in your account.

google-adwords-placements

As a rule of thumb, mobile app clicks almost never provide good quality leads because most people accidentally click the ads or are not in the right frame of mind to take commercial offers seriously.

There are two places you must look to deactivate these pesky display ad featured placements; make sure you check both of them to prevent any further mobile ad clicks from coming through to your display campaigns.

ad-group-campaign-exclusions-adwords

Though I haven’t personally seen AdSense for mobile apps traffic produce quality leads on any campaign I’ve worked on, I could see it working for advertisers offering other comparable mobile apps, since ad inventory is so inexpensive on mobile apps.

Conclusion

If you think you have overlooked one or all of these techniques, then go check your account right now. Even one of these practices can result in double digit changes in your campaign’s ROI numbers.

About the Author: Corey Zeimen, CEO of Guaranteed PPC, offers performance-based PPC consulting advice and execution that results in 25% more revenue or his work is free. He is currently accepting B2B and B2C clients.

Thursday, 22 October 2015

Optimize Your Social Media Ad Spend With Advanced Targeting Options

Tried social media advertising, but not getting the results you expected? If so, the problem might lie in your targeting. Instead of targeting your ads to larger audiences, you should experiment with targeting ads specifically to the people most likely to complete your conversion goals, such as becoming a lead or customer for your business.

In this post, we’re going to look at advanced targeting options you can use on the top social networks that offer advertising.

Advanced Targeting Options on Facebook

Facebook, by far, has the most advanced targeting options in the social media advertising world. These options will help both B2B and B2C reach their ideal audiences. Best of all, thanks to Facebook’s ownership of Instagram, Instagram ads will have the same targeting options when they become available.

Choose Your Audience

Your first option when creating ads through Facebook Ads Manager is to use the Choose Your Audience settings to target your ads. On the surface, you will see the basic audience targeting options.

facebook-ads-manager-beginning-interface

There are two key areas that can help you fine-tune the audience that will see your ads. The first is the dropdown under Locations. By default, it is set to everyone in this location. When you click on the dropdown, you get a few more options.

facebook-ads-manager-location-targeting

These options allow you to target people who live in the locations specified, people who recently visited the locations specified who may be traveling or live there, and people traveling in the locations specified but who do not live there. For local businesses, these options help ensure that only the right audiences see their ads.

For example, let’s say you have a local business that sells mattresses. People that do not live in the area are probably not going to buy a mattress, so there’s no need to target people who are traveling. Instead, target the people who live in the locations specified.

On the other hand, let’s say you have a local business that offers tours around the city. People that live in the area are probably not going to sign up for tourist attractions, so there’s no need to target them. Instead, target the people traveling in the locations specified.

The second key area to use for advanced targeting is the More Demographics dropdown. These options allow you to go beyond location, age, gender, and language into specifics about your audience, from their current relationship status to their most recent life events.

facebook-ads-manager

Want to target newly engaged couples with a wedding photography business? Want to target CEOs in the healthcare industry with a magazine? Want to target first time homebuyers with a mortgage program? Want to target college students who studied accounting with your university’s Master’s program? These and other options are all available to you under the More Demographics dropdown.

facebook-ads-manager-more-demographics

While you shouldn’t use all of these at the same time, a combination can help you target 1,600 big-city moms with newborns and a net worth of over $1M with your high-end (expensive) baby strollers or nanny services.

Custom Audiences

Custom Audiences allow you to get even more specific with your ad targeting. In particular, you can create Custom Audiences using your customer lists, website traffic, and app activity.

create-a-custom-audience-facebook

Most businesses will be able to utilize customer lists and website traffic the most. Your customer lists are any lists that contain email addresses or phone numbers. They allow you to advertise specifically to your leads (email subscribers or contact form submissions), current customers, or past customers.

Website traffic allows you to add a retargeting pixel to your website and target ads to people who have visited your website within the last 30 – 180 days, depending on your settings. In terms of advanced options, you can create ads specific to the pages that people have visited.

For SAAS businesses, this means you can create ads that highlight a specific feature that a website visitor clicked upon on your website. For ecommerce businesses, this means you can create ads that highlight a specific product that a website visitor looked at.

You can also create ads that target prospects that are in specific parts of your funnel using the option to target people who visited one page, but not another.

create-audience-facebook

For example, if you have a funnel that takes people from a blog post to a webinar registration and ultimately to purchase your product or service, you can create three ads. One for people who visit the blog post but do not register for the webinar, one for people who register for the webinar but do not attend, and one for people who attend the webinar but do not purchase your product.

Advanced Targeting Options on Twitter

In the past, Twitter’s ad targeting options were very limited. But now, they are similar to what Facebook has to offer. When you create ads through the Twitter Ads interface, you will get the following targeting options.

twitter-ads-targeting-interface

While these options are great, the real advanced targeting option you want to use on Twitter are Tailored Audiences. These can be created using the Audience Manager under the Tools menu in your Twitter Ads interface.

create-new-list-audience-twitter

Similar to Facebook’s Custom Audiences, Twitter’s Tailored Audiences allows you to create ad targeting audiences using your website traffic and customer’s email addresses or phone numbers. In addition to these options, you can also create Tailored Audiences using Twitter usernames.

This means you can specify people on Twitter you want your ads to reach. SocialBro is a Twitter management platform that allows you to quickly export lists of Twitter usernames based on specific search criteria. For example, let’s say that you want to target your ads to gardeners in Denver. You can use SocialBro to find users with that specific keyword in their bio and location in their profile and export the list.

socialbro-search-gardeners-denver

Then, you can copy and paste the usernames from the spreadsheet into a text document and upload it to your Tailored Audience. Any business (B2B or B2C) can use this as a way to create a Tailored Audience with specific Twitter users. You can further refine your list using SocialBro’s filters to people with a large audience, people with recent tweets, and other criteria.

Advanced Targeting Options on LinkedIn

While LinkedIn does not have options for custom audiences based on customer lists or website traffic, they do offer the best targeting options for B2B businesses, or any business that wants ads to reach professional audiences. In the new LinkedIn Ads interface, you can expand the targeting options to include the following.

linkedin-ads-interface

These options would allow you to target Chief Financial Officers of investment banking companies, or VPs in biotechnology. These targeting options are available for sponsored updates, which will put your ad in your target audience’s newsfeed, similar to Facebook.

Don’t Aim Without a Target

If you want to get a strong return on investment with your social media advertising, it’s best to start with smaller, highly-targeted audiences. If you don’t get enough clicks, you can expand the audience by reducing the criteria selected in the targeting options until you do start getting clicks and conversions.

But the key is to start small. Even if you only get five clicks a day with three conversions using a highly-targeted audience, you will spend far less than if you get 100 clicks a day with the same number of conversions using a broadly-targeted audience.

About the Author: Alp Mimaroglu is a Marketing Luminary at Symantec. He specializes in marketing automation, demand generation, analytics, and marketing technology. Alp has extensive experience with both business and consumer marketing. He’s passionate about how technology is rapidly becoming the key to success in both the corporate sales and marketing landscapes. Follow Alp on LinkedIn and Twitter.