The NMA held a conference in London on the future of online marketing. The discussion covered a lot of interesting topics surrounding the increasingly popular world of search engine marketing.
Website usability and conversions
Peter Ballard from Foolproof spoke about improving website usability to improve conversion rates from your search engine marketing campaigns. Useful tips from this sessions were as follows:
?Buying decisions aren't always immediate. Visitors return to sites they had bookmarked or printed out
?Comparison shopping is very popular, and visitors view comparison sites as true guides, often a wrong perception
?This results in lower visitor loyalty and the need for sites to convince users why they should buy from them
?Provide users information they might need to make a decision... don't just push for a sale.
Search marketing in the future
Nick Cox from Mirago spoke about the future of search engine marketing - both optimisation and paid advertising. His session highlighted the following:
?Regional search and Europe-wide search are both growing initiatives. Whilst Google is pushing towards regional search, Tier 2 search engines are driving for Europe-wide search services
?Shopping comparison sites are gaining popularity
?As Google slashes agency commission, there may be motivation for agencies to return to SEO to make up for lost commission revenue
?Personalised search might make search engine optimisation nearly impossible if different users see totally different results.
Email marketing
Peter Chapman from Blue Streak discussed email marketing - yes, email marketing! - it is not dead, and when done well, it still provides great results. The main tips provided for the future of email marketing were:
?Email marketing is most effective when segmented according to:
oStage of customer life cycle
oProduct usage
oGeography
?Email marketing will be integrated with SEO and PPC even more in the future, to provide a more robust marketing model with multiple customer touch-points
?New avenues of marketing such as RSS and SMS will complement email marketing in the future.
Web site visitor analytics
The current market leading web site analytics providers, WebTrends spoke about a handful of issues currently surrounding analytics packages and the future of analytics. The main points to be noted were:
?Not all users accept cookies. An estimated 5-10% systems do not accept 1st party cookies, and as much as 28% of users do not accept 3rd party cookies. Therefore always look out for solutions offering multiple tracking method options.
?Conversions are not always detected by the Google AdWords or Overture system. Users often come back to sites later to make a final decision or purchase. Analytics packages should be tuned to count these conversions
?Ways to calculate conversion rates include:
oNumber of conversions / Total visits
oNumber of conversions / Sum of daily unique visitors
oNumber of conversions / Absolute unique visitors
?Pay attention to segmentation information provided by website visitor data analysis, especially new versus repeat users, and referral sources.
The future of analytics providers seems to indicate a shift towards providing business analysis services rather than just tools. This need is being driven mostly by smaller businesses recognizing the need for visitor analysis but not having the skills to do it in-house.
Integration of analytics solutions with all forms of marketing, from PPC to email to banner marketing seems to also be on the upswing as client awareness improves.
The most immediate effect the above changes will bring about will be better navigation on website's, as businesses realize their customers' needs and optimise their site navigation to facilitate finding the information easily.
Future Of Online Marketing
People love to watch TV, they love to surf the web, and tens-of-millions enjoy interacting with other people on "social networking" websites like MySpace.com.
Now imagine if you could combine all of these elements people enjoy so much into a single technology which enabled you to bring together up to a thousand people in one place to teach, demonstrate, sell and interact - all without anyone leaving their home or office.
Well you can, and this technology is called a "webinar!" Though webinar technology existed for almost a decade, it remained strictly the domain of well-funded, high-tech companies.
However, as with most "killer apps" online, advances in technology now places powerful webinar capabilities within reach of virtually any business person.
Webinars enable you to make presentations to up to a thousand people or more at once using audio and video.
Though webinar technology has advanced greatly, delivering the audio and video together through the Web still lacks stability.
I've personally found using a telephone conference line to deliver the webinar audio much more effective than trying to stream the audio live through the Web.
As for interactivity, webinars allow you to chat live with viewers, conduct real-time surveys (polls), and see exactly which of your customers and prospects attend your live webinar.
So not only can you see exactly which of your hot prospects attend your webinar, you can chat directly with them, answer their questions live, and poll the group for valuable feedback in "real time."
Over the last few months many of my subscribers and customers have asked me basically the same question: "What groups of people will benefit the most by using webinar technology?"
My answer: Anyone who would normally make any type of public presentation in front of a group of 2 or more people in a boardroom, meeting room, or convention center can benefit immediately by using webinars.
The following examples will help you see the power of webinars to help make sales, develop information products, and save massively on travel expenses.
- A sales person who travels all over the country giving the same presentation over and over could use webinars to make that presentation without leaving her office.
- A software developer or marketer could use webinars to demonstrate his new software and receive immediate feedback from existing or potential customers.
- A trainer could make a webinar presentation to their customers and prospects, record it, and turn it into a valuable info-product for sale or archive it as an on-demand training program.
- A speaker could create a series of paid webinars and deliver them live to customers all over the world, earning speaking fees without ever enduring airport security again.
- An affiliate marketer could use webinars to demonstrate products for vendors and earn commissions from products they didn't even create.
Any company, large or small, that sells virtually any product or service online can benefit from adding webinars to their online marketing arsenal.
In fact, any online business person who fails to do so risks putting themselves at a serious disadvantage.
Both Farhad Divecha & Jim Edwards are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Jim Edwards has sinced written about articles on various topics from Surveys, Video Games and Six Sigma. Jim Edwards is a syndicated newspaper columnist and the co-creator of a step-by-step, "paint by numbers" coaching program that guarantees to teach you how to go from zero to making real money online with your own webinars!==>. Jim Edwards's top article generates over 18100 views. to your Favourites.
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