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Big

    F A T
  Marketing
  Mistakes


#marketingmistakes
                     trada.com
#marketingmistakes
                     trada.com
Anna Sawyer,
Marketing Manager, Mistake Maker
       @annafsawyer




                                   trada.com
BIG mistake # 1

         You don’t know
           your goals.




Anna Sawyer: @annafsawyer   trada.com
                            trada.com
BIG mistake # 1

                             Successful marketers
                            know their goals, and
                              they watch data
                               every day and
                            constantly analyze not
                              only the results, but
                              what data matters.

Anna Sawyer: @annafsawyer                        trada.com
BIG mistake # 1


      What data matters?       If your focus is
                            conversions, measure
                            the success of every
                             marketing activity in
                                terms of ROI.


Anna Sawyer: @annafsawyer                       trada.com
BIG mistake # 1
                            traffic/reach   conversions

        Program-specific
            metrics         conversion       cost/
                               rate        conversion


                            total costs     revenue

Anna Sawyer: @annafsawyer                        trada.com
BIG mistake # 1
                              Are you focused on
                            opportunities, leads, sales?
          Marketing
      department metrics     WTD/              MTD/
                              goal              goal


                            total costs       revenue

Anna Sawyer: @annafsawyer                           trada.com
BIG mistake # 1

                             Whatever your goals,
                              you and every team
                            member should know
                             the goals, where you
                            stand (on a daily basis)
                                    and be
                             accountable for
                                    them.

Anna Sawyer: @annafsawyer                        trada.com
BIG mistake # 1

                             Teach your team to
              Solution!
                             love data and to be
                            motivated by goals by
                              breaking them into
                             attainable, digestible
                                   portions.


Anna Sawyer: @annafsawyer                        trada.com
BIG mistake # 2


      Targeting everyone.




Anna Sawyer: @annafsawyer   trada.com
BIG mistake # 2

                              Narrow your
                            target audience -
                            or segment your
                             messaging - to
                            speak directly to
                             your customer.


Anna Sawyer: @annafsawyer                       trada.com
BIG mistake # 2
                             At Trada, we have many
                              types of customers.

             Anecdote!        smaller
                                          enterprise
                               direct
                                          advertisers
                            advertisers


                             agencies      resellers

Anna Sawyer: @annafsawyer                        trada.com
BIG mistake # 2

                               We’ve tested
                              segmenting the
                             website, speaking
                               more broadly
                              about what we
                            offer, and choosing
                                our battles.

Anna Sawyer: @annafsawyer                         trada.com
BIG mistake # 2
   Use tools like
     Google
   Analytics,
 AdWords and
 Optimizely to
  determine what
messages work and
where to spend your
       effort.

thanks adsense.com!
BIG mistake # 3

      You don’t follow up
          right away.




Anna Sawyer: @annafsawyer   trada.com
BIG mistake # 3

                            Create a follow-up
                            plan that responds
                             to leads quickly. If
                               possible, use a
                                 marketing
                            automation system
                            that allows you to
                              prioritize leads.

Anna Sawyer: @annafsawyer                       trada.com
BIG mistake # 3



                            Call within 48
                                hours.




Anna Sawyer: @annafsawyer                    trada.com
BIG mistake # 3



                            Test your follow-
                                up times.




Anna Sawyer: @annafsawyer                       trada.com
BIG mistake # 3

                                 Develop a
            Extra credit!   nurturing program
                               that will keep
                            leads warm when
                             they’re not ready
                              to commit right
                                   away.

Anna Sawyer: @annafsawyer                        trada.com
BIG mistake # 4

         Wearing
     competition blinders.




Anna Sawyer: @annafsawyer    trada.com
BIG mistake # 4

                            You can get invaluable
                            information from your
                               competitors. It is
                             worth checking in on
                             a regular basis to see
                             which messages they
                                  are using...

Anna Sawyer: @annafsawyer                        trada.com
BIG mistake # 4


                             ...and for PPC and
                            SEO, you can spy on
                              your competitors
                                  using tools.



Anna Sawyer: @annafsawyer                     trada.com
BIG mistake # 4
      Use a keyword tool (Spyfu, Raven,
  KeyCompete) to find out which keywords your
              competitors are using.

    Create a list of competitor keywords, and use this
   list to brainstorm long-tail keywords. Ask friends to
               help (for diversity of thinking).

    Add keywords to your PPC and SEO campaigns
                 and test, test test!
BIG mistake # 4
                            Keep an eye on your
                                  competitors’
                             movements through
                            social media. In a tool
                             like Hootsuite or
                              Tweetdeck you
                               can create lists of
                                competitors to
                                    watch.
Anna Sawyer: @annafsawyer                        trada.com
BIG mistake # 5


      Starving the budget.




Anna Sawyer: @annafsawyer    trada.com
BIG mistake # 5


                               With limited
                             budget, it can be
                            hard to determine
                             where to spend
                              what you have.


Anna Sawyer: @annafsawyer                        trada.com
BIG mistake # 5

                            If you’re very limited,
                               spend budget on
                              programs that are
                            very predictable and
                            measurable, like PPC
                                  advertising.


Anna Sawyer: @annafsawyer                        trada.com
BIG mistake # 5

                              Remember to be
                             realistic about your
                              click-through and
                               conversion rates,
                             though. With a very
                            low budget, it can be
                                  hard to get
                             measurable results.

Anna Sawyer: @annafsawyer                      trada.com
BIG mistake # 5
                            Cheap marketing ideas:



                               Reciprocal partner
                                  marketing, like
                              swapping blog posts,
                                collaborating on
                               collateral, webinars,
                                cross-promotion.
Anna Sawyer: @annafsawyer                        trada.com
BIG mistake # 5
                            Cheap marketing ideas:




                             Build out your referral
                               program. Reward
                            referrers. Try a tool like
                            zferral.com to track.

Anna Sawyer: @annafsawyer                        trada.com
BIG mistake # 5
                  Cheap marketing ideas:

                       Get customers
                   involved! Case studies
                    are the first step: but
                   you can ask a lot from
                    dedicated customers.
                    Reviews, testimonials
                    and social “likes” are
                          powerful.
BIG mistake # 5
                            Cheap marketing ideas:


                                 Be part of the
                                  conversation.
                             Comment on industry
                               blogs with valuable
                            insights and link back to
                                 your site (if it’s
                                    allowed).
Anna Sawyer: @annafsawyer                       trada.com
BIG mistake # 5


           Don’t forget!
                            You have to spend
                             money to make
                                 money.



Anna Sawyer: @annafsawyer                   trada.com
BIG mistake # 6

 Counting on one
   touchpoint.

                   1
BIG mistake # 6


                            Remember the
                             rule of five
                             when thinking
                            about customer
                              touchpoints.


Anna Sawyer: @annafsawyer                    trada.com
BIG mistake # 6

                               Use display
                                advertising,
                            Facebook ads and
                              retargeting as
                             “assists” to keep
                             your product in
                             the mind of the
                                 customer.

Anna Sawyer: @annafsawyer                        trada.com
BIG mistake # 6




thanks retargeter.com!
BIG mistake # 7

Selling only to your
 new customers.
BIG mistake # 7


                            Upsells and needs
                             A searcher loyalty
                             to know what the
                             programs are will
                              happen when he
                                “low-hanging
                            fruit” of marketing.
                                    clicks.



Anna Sawyer: @annafsawyer                      trada.com
BIG mistake # 7

                            Use the thank-you
                            Apage to offer a
                                searcher needs
                            to know what will
                             coupon for next
                             happen when he
                              time and to get
                                social media
                                   clicks.
                                  follows.


Anna Sawyer: @annafsawyer                        trada.com
BIG mistake # 7




thanks inc.com!
BIG mistake # 7


                             Try gamification
                            A searcher needs
                            measures on your
                            to know what will
                              site with a tool
                             happen when he
                               like Big Door:
                                    clicks.
                                bigdoor.com


Anna Sawyer: @annafsawyer                        trada.com
Users who participate in our loyalty
                      program are




BIG mistake # 7
                      3X more likely to return                                                     When a site implements
                      to the site than those not in the                                            with BigDoor, their overall
                      loyalty program.                                                             site engagement
                                                                                                   increases by 30%.




                                                LTY                                            E
                                               A




                                                                                                   NG
                                        Y
                                      LO
                                                                         ENUE FO
                                                                      REV




                                                                                                     AG
                                                                                R
                                                                                    O
                                                                 NS




                                                                                    UR
                                                            EA




                                                                                                       EMENT
                                                      THIS M




                                                                                       PARTNERS!
                                                  ALL
                                              VI
                                                   RA
                                                                      LIT Y

                      Due to our innovative referral                          BigDoor’s reward program results in a
                                                                              200% increase in sharing.
                      mechanism, users who clicked
                      on shared links are
                      7X more likely to register
thanks bigdoor.com!   on the site.
BIG mistake # 8


 Doing it all yourself.




thanks publishersweekly.com!
BIG mistake # 8

                              Many of us are
                               marketers on
                            A searcher needs
                             small teams - but
                            to know what will
                               you can’t do
                             happen when he
                                everything
                                   clicks.
                              yourself and be
                                 effective.

Anna Sawyer: @annafsawyer                        trada.com
BIG mistake # 8


                            A searcher needs
                            to know what will
                            Learn to delegate
                             happen when he
                              and outsource.
                                  clicks.



Anna Sawyer: @annafsawyer                       trada.com
BIG mistake # 8


                             A searcher needs
                              Crowdsourcing
                            to know whatsave
                            solutions can will
                             happen when he
                              you money and
                            extendclicks. reach.
                                    your



Anna Sawyer: @annafsawyer                      trada.com
BIG mistake # 8

 Crowdsourcing:


                  the process of handing tasks
                   traditionally performed by
                   one person to a crowd of
                             people
Lower
 cost
               Wide
              range of
               talent
  Diversity
     of                    Fast
  thinking                results



              Simplified
                hiring
Content creation                 Translation


                            Software/website bug
Graphic design/video
                            testing


   Microtasking              Paid search/online ads


                    (and more)
BIG mistake # 8

                                  Check out
                            trada.com/resources
                             for a 4-part webinar
                               A searcher needs
                               to know whaton
                                 panel series will
                                happen to use he
                                  how when
                              crowdsourcing as a
                                     clicks.
                                 small business
                                   marketer!

Anna Sawyer: @annafsawyer                        trada.com
BIG mistake # 9


Having tunnel vision.
BIG mistake # 9


                            SoA searcherthat data
                                we know needs
                              tovaluable. But will
                              is know what it’s
                             more valuable if he
                               happen when you
                                    use it!
                                    clicks.



Anna Sawyer: @annafsawyer                       trada.com
BIG mistake # 9


                            A searcher needs
                             When you learn
                            to know what will
                             something, use it
                             happenmarketing
                             across when he
                                 channels.
                                   clicks.



Anna Sawyer: @annafsawyer                        trada.com
BIG mistake # 9
                       new
 Message from ad     landing
that performs well     page
   in your PPC                     email headline
     campaign

                       display/print
                            ad
                                       social
                                       offer
BIG mistake # 10


 Too many cooks.
BIG mistake # 10


                              Too many people
                              A searcher needs
                            logging in and making
                              to know what will
                             changes can ruinhe
                               happen when any
                                   testing...
                                     clicks.



Anna Sawyer: @annafsawyer                      trada.com
BIG mistake # 10

                            ... and too many team
                             members being held
                                A searcher needs
                              accountable forwill
                                to know what the
                             same thing can result
                                 happen when he
                                 in noclicks.being
                                       one
                                   accountable.


Anna Sawyer: @annafsawyer                       trada.com
BIG mistake # 10

                            Each tool and channel
              Solution!
                              Ashould have an
                                 searcher needs
                               “owner”. To keep
                              to know what will
                               everyone honest
                               happen when he
                             about deadlines, try
                                    clicks.
                                kapost.com.


Anna Sawyer: @annafsawyer                      trada.com
BIG mistake # 11

Getting married. To
 the way you do
      things!
BIG mistake # 10


              Solution!        Constantly revisit
                               A searcher needs
                            where you spend your
                               to know what will
                            time and budget. Use
                                happen when he
                              data to determine
                                     clicks.
                                 what’s working.


Anna Sawyer: @annafsawyer                      trada.com
BIG mistake # 10


              Solution!
                               A searcher needs
                            Question why you do
                              to know what will
                            things, and if they suck,
                               happen when he
                                    fix them!
                                      clicks.



Anna Sawyer: @annafsawyer                         trada.com
Remember that in marketing, small
improvements can greatly affect your
 ROI and the success of your whole
             company.




                                       trada.com
Here’s where we take two
  minutes to show you how
Trada can help you scale your
      online advertising




... and it doesn’t cost any more
  than if you were to run PPC
   or Facebook ads campaigns
             yourself.
                                   trada.com
Trada has thousands of online advertising
experts who do PPC and Facebook ads for you.
Multiple experts work
on your campaign at
   the same time.


       You get:

 Diversity of thinking


Constant optimization

Multiple ad networks
SpiritHoods: Trada
 customers since
    Nov. 2010
SpiritHoods: Trada
 customers since
    Nov. 2010


                     CAMPAIGN
                     STATS:
                     Paid Search Experts: 15

                     Sales Revenue: 400% increase

                     # of Conversions: 400%
                     increase

                     CPC: 58% improvement
SpiritHoods: Trada
 customers since
    Nov. 2010


                       “My favorite part of the
                       Trada relationship is that
                     search no longer rules my
                         life. The success of the
                     campaigns has allowed me
                      to hire a staff member to
                     manage marketing so I can
                        focus on new designs.”

                       – Alexander Menduluk
                        Owner, SpiritHoods
@annafsawyer




               Time for questions!




For more information or to schedule a Trada demo, email
                   sfox@trada.com
                                                  trada.com

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[WEBINAR] Big Fat Marketing Mistakes

  • 1. Big F A T Marketing Mistakes #marketingmistakes trada.com
  • 2. #marketingmistakes trada.com
  • 3. Anna Sawyer, Marketing Manager, Mistake Maker @annafsawyer trada.com
  • 4. BIG mistake # 1 You don’t know your goals. Anna Sawyer: @annafsawyer trada.com trada.com
  • 5. BIG mistake # 1 Successful marketers know their goals, and they watch data every day and constantly analyze not only the results, but what data matters. Anna Sawyer: @annafsawyer trada.com
  • 6. BIG mistake # 1 What data matters? If your focus is conversions, measure the success of every marketing activity in terms of ROI. Anna Sawyer: @annafsawyer trada.com
  • 7. BIG mistake # 1 traffic/reach conversions Program-specific metrics conversion cost/ rate conversion total costs revenue Anna Sawyer: @annafsawyer trada.com
  • 8. BIG mistake # 1 Are you focused on opportunities, leads, sales? Marketing department metrics WTD/ MTD/ goal goal total costs revenue Anna Sawyer: @annafsawyer trada.com
  • 9. BIG mistake # 1 Whatever your goals, you and every team member should know the goals, where you stand (on a daily basis) and be accountable for them. Anna Sawyer: @annafsawyer trada.com
  • 10. BIG mistake # 1 Teach your team to Solution! love data and to be motivated by goals by breaking them into attainable, digestible portions. Anna Sawyer: @annafsawyer trada.com
  • 11. BIG mistake # 2 Targeting everyone. Anna Sawyer: @annafsawyer trada.com
  • 12. BIG mistake # 2 Narrow your target audience - or segment your messaging - to speak directly to your customer. Anna Sawyer: @annafsawyer trada.com
  • 13. BIG mistake # 2 At Trada, we have many types of customers. Anecdote! smaller enterprise direct advertisers advertisers agencies resellers Anna Sawyer: @annafsawyer trada.com
  • 14. BIG mistake # 2 We’ve tested segmenting the website, speaking more broadly about what we offer, and choosing our battles. Anna Sawyer: @annafsawyer trada.com
  • 15. BIG mistake # 2 Use tools like Google Analytics, AdWords and Optimizely to determine what messages work and where to spend your effort. thanks adsense.com!
  • 16. BIG mistake # 3 You don’t follow up right away. Anna Sawyer: @annafsawyer trada.com
  • 17. BIG mistake # 3 Create a follow-up plan that responds to leads quickly. If possible, use a marketing automation system that allows you to prioritize leads. Anna Sawyer: @annafsawyer trada.com
  • 18. BIG mistake # 3 Call within 48 hours. Anna Sawyer: @annafsawyer trada.com
  • 19. BIG mistake # 3 Test your follow- up times. Anna Sawyer: @annafsawyer trada.com
  • 20. BIG mistake # 3 Develop a Extra credit! nurturing program that will keep leads warm when they’re not ready to commit right away. Anna Sawyer: @annafsawyer trada.com
  • 21. BIG mistake # 4 Wearing competition blinders. Anna Sawyer: @annafsawyer trada.com
  • 22. BIG mistake # 4 You can get invaluable information from your competitors. It is worth checking in on a regular basis to see which messages they are using... Anna Sawyer: @annafsawyer trada.com
  • 23. BIG mistake # 4 ...and for PPC and SEO, you can spy on your competitors using tools. Anna Sawyer: @annafsawyer trada.com
  • 24. BIG mistake # 4 Use a keyword tool (Spyfu, Raven, KeyCompete) to find out which keywords your competitors are using. Create a list of competitor keywords, and use this list to brainstorm long-tail keywords. Ask friends to help (for diversity of thinking). Add keywords to your PPC and SEO campaigns and test, test test!
  • 25. BIG mistake # 4 Keep an eye on your competitors’ movements through social media. In a tool like Hootsuite or Tweetdeck you can create lists of competitors to watch. Anna Sawyer: @annafsawyer trada.com
  • 26. BIG mistake # 5 Starving the budget. Anna Sawyer: @annafsawyer trada.com
  • 27. BIG mistake # 5 With limited budget, it can be hard to determine where to spend what you have. Anna Sawyer: @annafsawyer trada.com
  • 28. BIG mistake # 5 If you’re very limited, spend budget on programs that are very predictable and measurable, like PPC advertising. Anna Sawyer: @annafsawyer trada.com
  • 29. BIG mistake # 5 Remember to be realistic about your click-through and conversion rates, though. With a very low budget, it can be hard to get measurable results. Anna Sawyer: @annafsawyer trada.com
  • 30. BIG mistake # 5 Cheap marketing ideas: Reciprocal partner marketing, like swapping blog posts, collaborating on collateral, webinars, cross-promotion. Anna Sawyer: @annafsawyer trada.com
  • 31. BIG mistake # 5 Cheap marketing ideas: Build out your referral program. Reward referrers. Try a tool like zferral.com to track. Anna Sawyer: @annafsawyer trada.com
  • 32. BIG mistake # 5 Cheap marketing ideas: Get customers involved! Case studies are the first step: but you can ask a lot from dedicated customers. Reviews, testimonials and social “likes” are powerful.
  • 33. BIG mistake # 5 Cheap marketing ideas: Be part of the conversation. Comment on industry blogs with valuable insights and link back to your site (if it’s allowed). Anna Sawyer: @annafsawyer trada.com
  • 34. BIG mistake # 5 Don’t forget! You have to spend money to make money. Anna Sawyer: @annafsawyer trada.com
  • 35. BIG mistake # 6 Counting on one touchpoint. 1
  • 36. BIG mistake # 6 Remember the rule of five when thinking about customer touchpoints. Anna Sawyer: @annafsawyer trada.com
  • 37. BIG mistake # 6 Use display advertising, Facebook ads and retargeting as “assists” to keep your product in the mind of the customer. Anna Sawyer: @annafsawyer trada.com
  • 38. BIG mistake # 6 thanks retargeter.com!
  • 39. BIG mistake # 7 Selling only to your new customers.
  • 40. BIG mistake # 7 Upsells and needs A searcher loyalty to know what the programs are will happen when he “low-hanging fruit” of marketing. clicks. Anna Sawyer: @annafsawyer trada.com
  • 41. BIG mistake # 7 Use the thank-you Apage to offer a searcher needs to know what will coupon for next happen when he time and to get social media clicks. follows. Anna Sawyer: @annafsawyer trada.com
  • 42. BIG mistake # 7 thanks inc.com!
  • 43. BIG mistake # 7 Try gamification A searcher needs measures on your to know what will site with a tool happen when he like Big Door: clicks. bigdoor.com Anna Sawyer: @annafsawyer trada.com
  • 44. Users who participate in our loyalty program are BIG mistake # 7 3X more likely to return When a site implements to the site than those not in the with BigDoor, their overall loyalty program. site engagement increases by 30%. LTY E A NG Y LO ENUE FO REV AG R O NS UR EA EMENT THIS M PARTNERS! ALL VI RA LIT Y Due to our innovative referral BigDoor’s reward program results in a 200% increase in sharing. mechanism, users who clicked on shared links are 7X more likely to register thanks bigdoor.com! on the site.
  • 45. BIG mistake # 8 Doing it all yourself. thanks publishersweekly.com!
  • 46. BIG mistake # 8 Many of us are marketers on A searcher needs small teams - but to know what will you can’t do happen when he everything clicks. yourself and be effective. Anna Sawyer: @annafsawyer trada.com
  • 47. BIG mistake # 8 A searcher needs to know what will Learn to delegate happen when he and outsource. clicks. Anna Sawyer: @annafsawyer trada.com
  • 48. BIG mistake # 8 A searcher needs Crowdsourcing to know whatsave solutions can will happen when he you money and extendclicks. reach. your Anna Sawyer: @annafsawyer trada.com
  • 49. BIG mistake # 8 Crowdsourcing: the process of handing tasks traditionally performed by one person to a crowd of people
  • 50. Lower cost Wide range of talent Diversity of Fast thinking results Simplified hiring
  • 51. Content creation Translation Software/website bug Graphic design/video testing Microtasking Paid search/online ads (and more)
  • 52. BIG mistake # 8 Check out trada.com/resources for a 4-part webinar A searcher needs to know whaton panel series will happen to use he how when crowdsourcing as a clicks. small business marketer! Anna Sawyer: @annafsawyer trada.com
  • 53. BIG mistake # 9 Having tunnel vision.
  • 54. BIG mistake # 9 SoA searcherthat data we know needs tovaluable. But will is know what it’s more valuable if he happen when you use it! clicks. Anna Sawyer: @annafsawyer trada.com
  • 55. BIG mistake # 9 A searcher needs When you learn to know what will something, use it happenmarketing across when he channels. clicks. Anna Sawyer: @annafsawyer trada.com
  • 56. BIG mistake # 9 new Message from ad landing that performs well page in your PPC email headline campaign display/print ad social offer
  • 57. BIG mistake # 10 Too many cooks.
  • 58. BIG mistake # 10 Too many people A searcher needs logging in and making to know what will changes can ruinhe happen when any testing... clicks. Anna Sawyer: @annafsawyer trada.com
  • 59. BIG mistake # 10 ... and too many team members being held A searcher needs accountable forwill to know what the same thing can result happen when he in noclicks.being one accountable. Anna Sawyer: @annafsawyer trada.com
  • 60. BIG mistake # 10 Each tool and channel Solution! Ashould have an searcher needs “owner”. To keep to know what will everyone honest happen when he about deadlines, try clicks. kapost.com. Anna Sawyer: @annafsawyer trada.com
  • 61. BIG mistake # 11 Getting married. To the way you do things!
  • 62. BIG mistake # 10 Solution! Constantly revisit A searcher needs where you spend your to know what will time and budget. Use happen when he data to determine clicks. what’s working. Anna Sawyer: @annafsawyer trada.com
  • 63. BIG mistake # 10 Solution! A searcher needs Question why you do to know what will things, and if they suck, happen when he fix them! clicks. Anna Sawyer: @annafsawyer trada.com
  • 64. Remember that in marketing, small improvements can greatly affect your ROI and the success of your whole company. trada.com
  • 65. Here’s where we take two minutes to show you how Trada can help you scale your online advertising ... and it doesn’t cost any more than if you were to run PPC or Facebook ads campaigns yourself. trada.com
  • 66. Trada has thousands of online advertising experts who do PPC and Facebook ads for you.
  • 67. Multiple experts work on your campaign at the same time. You get: Diversity of thinking Constant optimization Multiple ad networks
  • 68. SpiritHoods: Trada customers since Nov. 2010
  • 69. SpiritHoods: Trada customers since Nov. 2010 CAMPAIGN STATS: Paid Search Experts: 15 Sales Revenue: 400% increase # of Conversions: 400% increase CPC: 58% improvement
  • 70. SpiritHoods: Trada customers since Nov. 2010 “My favorite part of the Trada relationship is that search no longer rules my life. The success of the campaigns has allowed me to hire a staff member to manage marketing so I can focus on new designs.” – Alexander Menduluk Owner, SpiritHoods
  • 71. @annafsawyer Time for questions! For more information or to schedule a Trada demo, email sfox@trada.com trada.com