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Best Practice In Lead Generation
           How following best practice lead generation guidelines
           will result in improved ROI, increased revenues and
           satisfied consumers




           Julian Barkes, Head of Marketing & Partnerships
           Thursday, 28 June 2012
 Best
Practice
 OLG
Introduction
           Digital Marketing - The Marketplace

           Search, email, web, blogs and video have become common place
           for marketers to communicate with prospects via online
           marketing campaigns




 Best
Practice
 OLG
The Marketplace
           Where’s the money going?




 Best
Practice
 OLG
                                      Source: IAB / PwC Online Adspend 2011 & WARC
Lead Generation
           A channel in its own right?

           2011 iab & PWC Online Spend Study
           99 UK online sector is worth £4.8 billion
           99 Online is now the single biggest medium:
               •	 28% of £17 billion market (more than press or tv)
               •	 Online advertising grew 14.4% year on year (on a like
                 for like basis)
               •	 Lead generation is classified in the ‘Other’ category -
                 accounting for 2% of total ad spend


 Best
Practice
           We believe lead generation accounts for a much
 OLG       larger portion of the pot, and will continue to do so...
Why Lead Generation?
           It gives advertisers what they want...

           99   Quality prospects to convert into engaged consumers

           99   ROI, that is easy and straightforward to calculate

           99 Transparency - how and where is the data collected, and how
           is the brand impacted



           And not the things they’ve had enough of...

           22   1000’s of prospects who will never convert

           22   Blanket, un-targeted promotion - spam email, network ads
 Best
           22   Inability to accurately establish ROI
Practice
 OLG
When Lead Generation goes bad
           Why adopting best practice policies is key

           High volume, low quality leads - that do not convert - will
           lead to mistrust of the sector, and a steady decline in overall
           OLG ad spend.


           HOWEVER...
           ...adopting OLG best practices will result in:

           99 Better ROI for advertisers
           99 Increased revenues for publishers
           99 Satisified consumers

 Best
Practice   Let’s find out why and how...
 OLG
OLG Best Practices
           An overview

           99 Prospects must actively consent to be contacted
           99 Advertisers should clearly communicate how the user will be
           contacted - email, phone etc.

           99 A lead should not be asked to give away personal data which
           is not relevant for the Advertiser’s product or service

           99 Prospects must be free at all time to unsubscribe from further
           marketing

           99 Any use of incentives must be agreed on with the advertiser,
           and the implcations of their use made clear

 Best      99 Data capture forms and creative must be approved with the
Practice
           advertiser before going live
 OLG
Best Practice #1
           Don’t dupe your prospects
                                       Make sure prospect consumers know
                                       what they are signing up for

                                       Include tick boxes for prospect to
                                       actively consent

                                       Clearly communicate how they will be
                                       contacted




                                       Lead volume will DECREASE but
                                       quality & prospect engagement will
                                       INCREASE

                                       Users do not feel ‘tricked’, so brand equity
                                       is not compromised
 Best
Practice                               Advertisers do not waste time speaking
 OLG
                                       to people who are not happy to be con-
                                       tacted
Best Practice #2
                   Right context = Right prospects
                                                     Capturing lead data in
           Yahoo! Finance                            a relevant environment will
                                                     generate high quality engaged
                                                     prospects

                                                     Example #1
                                                     Investing in facebook report
                                                     promoted alongside facebook IPO
                                                     article:

                                                     99 Engaged propects
                                                     99 Quality leads




 Best
Practice
 OLG
Example #2
           The Guardian




                          Example #2
                          Eurozone Crisis report
                          promoted alongside live
                          Eurozone Crisis blog:

                          99 Engaged prospects
                          99 Quality leads




 Best
Practice
 OLG
Best Practice #3
               Relevant + qualified audience = Most likely to convert

           Example #1                             Client: Auto Express


                                                  Target audience: Men in
                                                  Mosaic groups A, B, E, F, G
                                                  &H
                                                  Database segment:
                                                  ‘In-market’ car buyers
                                                  who meet the target
                                                  demographic
                                                  Open rate: 33.64%
                                                  Click rate: 31.76%
                                                  Submit rate: 54.32%
 Best
Practice
 OLG
                                                  Conversion rate: 16.8%
Best Practice #4
                Qualify prospects - even if volumes reduce
           Example #1
                                        Client: IFA Brokers
           Email 1

                                        Target audience: Over 50’s, affluent
                                        investors
                                        Database segment: FSS Experian
                                        Groups G, H & L (Gilt Edge Lifestyle,
                                        Mid-life affluence, Wealthy Retirement)

                                        Sent to segment of target audience
                                        Leads sent to advetiser to follow up on



 Best
Practice                                *Users consent to be contacted in person
 OLG
Example #1a

           Email 1                              Email 2




                                                Sent only to those users who requested
                                                the guide offered in email 1:

                                                99    We know they are interested in this
                                                topic, specifically
 Best
Practice                                        99    Additional opt-in - users actively
 OLG       Sent to segment of target audience   consent to be contacted (for the 2nd time)
           Leads not passed onto advertiser
Results
               Qualified prospects = more likely to convert

           Email 1 ONLY                      Email 1 & Email 2

           Open rate: 29.42%                 Email 1
           Click rate: 33.22%                Open rate: 28.39%
           Submit rate: 51.86%               Click rate: 35.28%
           Conversion rate: 3.89%            Submit rate: 50.55%
                                             Conversion rate: N/A



                                             Email 2
                                             Open rate: 18.23%
 Best                                        Click rate: 21.32%
Practice
                                             Submit rate: 24.73%
 OLG
                                             Conversion rate: 16.82%
Best Practice #5
           Get prospects to reconfirm their request

                                                Asking prospect to RE-
                                                CONFIRM their initial
                                                request will reduce
                                                overall lead volume

                                               HOWEVER...
                                               ...you will supply the
                                               advertiser with those
                                               leads that are most
                                               engaged, and most
                                               likely to go on and
                                               convert
 Best
Practice
                                               You will save your
 OLG
                                               client time and money
Best Practice #6
              Don’t ask unnecessary questions
              (or at least strike a balance)
           Form #1
                                       Required fields:

                                       99 Full name
                                       99 Full address
                                       99 Email address
                                       99 Phone number

                                       *All leads generated on
                                       premium ‘trading focused’
                                       websites
 Best
Practice
 OLG
Form #2

                     Required fields:

                     99 Full name
                     99 Full address
                     99 Email address
                     99 Phone number
                     1.	 How often do you trade?
                     2.	 Which best describes your
                     investable assets?
                     3.	 How would you characterise
                     your trading experience

 Best                *All leads generated on
Practice             premium ‘trading focused’
 OLG                 websites
Results
           More fields = decreased submit
                                     RESULT
           Form #1                   Form #1 has a       93.3%
                                     higher success rate
           Users: 13,081
           Submit rate: 9.63%

                                     The advertiser opted to go with form #1
                                     because:
           Form #2
                                     99     It generated higher volumes, but QUALITY
                                     was not affected:
           Users: 11,639
                                     •	     Form #1 requires detailed information any-
           Submit rate: 4.98%
                                     way (full address, phone no.)
                                     •	     All leads were generated on RELEVANT
 Best
                                     sites, and therefore leads were regular traders
Practice
 OLG                                 •	     With lead data they can follow up to find
                                     out further information if required
Best Practice #7
           Email marketing - deliverability is key
           Email still accounts for a large % of the lead generation
           landscape. While results will vary depending on a range of
           factors (quality of data, relevancy, creative etc.), the fact is,
           consumers still respond to emails in their thousands

           HOWEVER... you will be wasting your time creating the
           perfect email if it never reaches the intended inboxes




           DELIVERABILITY IS KEY
 Best
Practice
 OLG
           MAXIMISING THE NUMBER OF PEOPLE YOU CAN REACH
           IS CRITICAL
Best Practice #7
                  Email marketing - deliverability is key
           We improved our deliverability from 57% - 99.7% over a 6 month period
           99    Encourage interaction - develop content that encourages recipients to click or reply
           (surveys, feedback requests)
           99    List hygiene - bounce management, manage unsubscribes, monitor complaints via
           ISP feedback loops, sign up for Whitelisting
           99    Certification
           99    Technical readiness - email server set up, domain throttling


           Then Engage leads
           1.	   Acquisition - adding a new lead to the file
           2.	   Conversion - prompting the lead to take a desired action (open an account / trade / invest)
           3.	   Engagement & Retention - keeping the lead / customer active and engaged with the
 Best      programengaged with the program
Practice
           4.	   Win Back - reaching out to inactive leads to bring them back in to the marketing fold.
 OLG
Summary
           Best practice lead generation...everyone’s happy
           Advertisers looking to acquire customers online will continue to
           use Lead Generation, because it is a cost effective and
           measurable way to capture interested consumers

           BEST PRACTICE will ensure this continues to be the
           case:
           CONSUMERS are satisfied - they get the information they are
           looking for, without being tricked into giving their details.
           Trust is built between the prospect and the advertiser

           ADVERTISERS don’t waste their time trying to convert poor quality
           leads. Brand equity is upheld. ROI is easily calculated and transparent
 Best
Practice   PUBLISHERS don’t impact on the user experience.
 OLG       Lead volumes may decrease, however long-term revenues INCREASE as
           quality leads = higher lead costs and greater marketing spend
Thank you for your time
                 Please get in touch with any questions


                 julian.barkes@dianomi.com
                 +44 207 802 5530




                 London                      New York                Sydney
         www.    18 Buckingham Gate,         1115 Broadway,          Level 12,
  Best
      dianomi.
Practice
                 London, UK,                 12th Floor, New York,   95 Pitt Street, Sydney,

  OLG    com     SW1E 6LB                    NY 10010                NSW 2000

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Best practice lead generation julian barkes, dianomi

  • 1. Best Practice In Lead Generation How following best practice lead generation guidelines will result in improved ROI, increased revenues and satisfied consumers Julian Barkes, Head of Marketing & Partnerships Thursday, 28 June 2012 Best Practice OLG
  • 2. Introduction Digital Marketing - The Marketplace Search, email, web, blogs and video have become common place for marketers to communicate with prospects via online marketing campaigns Best Practice OLG
  • 3. The Marketplace Where’s the money going? Best Practice OLG Source: IAB / PwC Online Adspend 2011 & WARC
  • 4. Lead Generation A channel in its own right? 2011 iab & PWC Online Spend Study 99 UK online sector is worth £4.8 billion 99 Online is now the single biggest medium: • 28% of £17 billion market (more than press or tv) • Online advertising grew 14.4% year on year (on a like for like basis) • Lead generation is classified in the ‘Other’ category - accounting for 2% of total ad spend Best Practice We believe lead generation accounts for a much OLG larger portion of the pot, and will continue to do so...
  • 5. Why Lead Generation? It gives advertisers what they want... 99 Quality prospects to convert into engaged consumers 99 ROI, that is easy and straightforward to calculate 99 Transparency - how and where is the data collected, and how is the brand impacted And not the things they’ve had enough of... 22 1000’s of prospects who will never convert 22 Blanket, un-targeted promotion - spam email, network ads Best 22 Inability to accurately establish ROI Practice OLG
  • 6. When Lead Generation goes bad Why adopting best practice policies is key High volume, low quality leads - that do not convert - will lead to mistrust of the sector, and a steady decline in overall OLG ad spend. HOWEVER... ...adopting OLG best practices will result in: 99 Better ROI for advertisers 99 Increased revenues for publishers 99 Satisified consumers Best Practice Let’s find out why and how... OLG
  • 7. OLG Best Practices An overview 99 Prospects must actively consent to be contacted 99 Advertisers should clearly communicate how the user will be contacted - email, phone etc. 99 A lead should not be asked to give away personal data which is not relevant for the Advertiser’s product or service 99 Prospects must be free at all time to unsubscribe from further marketing 99 Any use of incentives must be agreed on with the advertiser, and the implcations of their use made clear Best 99 Data capture forms and creative must be approved with the Practice advertiser before going live OLG
  • 8. Best Practice #1 Don’t dupe your prospects Make sure prospect consumers know what they are signing up for Include tick boxes for prospect to actively consent Clearly communicate how they will be contacted Lead volume will DECREASE but quality & prospect engagement will INCREASE Users do not feel ‘tricked’, so brand equity is not compromised Best Practice Advertisers do not waste time speaking OLG to people who are not happy to be con- tacted
  • 9. Best Practice #2 Right context = Right prospects Capturing lead data in Yahoo! Finance a relevant environment will generate high quality engaged prospects Example #1 Investing in facebook report promoted alongside facebook IPO article: 99 Engaged propects 99 Quality leads Best Practice OLG
  • 10. Example #2 The Guardian Example #2 Eurozone Crisis report promoted alongside live Eurozone Crisis blog: 99 Engaged prospects 99 Quality leads Best Practice OLG
  • 11. Best Practice #3 Relevant + qualified audience = Most likely to convert Example #1 Client: Auto Express Target audience: Men in Mosaic groups A, B, E, F, G &H Database segment: ‘In-market’ car buyers who meet the target demographic Open rate: 33.64% Click rate: 31.76% Submit rate: 54.32% Best Practice OLG Conversion rate: 16.8%
  • 12. Best Practice #4 Qualify prospects - even if volumes reduce Example #1 Client: IFA Brokers Email 1 Target audience: Over 50’s, affluent investors Database segment: FSS Experian Groups G, H & L (Gilt Edge Lifestyle, Mid-life affluence, Wealthy Retirement) Sent to segment of target audience Leads sent to advetiser to follow up on Best Practice *Users consent to be contacted in person OLG
  • 13. Example #1a Email 1 Email 2 Sent only to those users who requested the guide offered in email 1: 99 We know they are interested in this topic, specifically Best Practice 99 Additional opt-in - users actively OLG Sent to segment of target audience consent to be contacted (for the 2nd time) Leads not passed onto advertiser
  • 14. Results Qualified prospects = more likely to convert Email 1 ONLY Email 1 & Email 2 Open rate: 29.42% Email 1 Click rate: 33.22% Open rate: 28.39% Submit rate: 51.86% Click rate: 35.28% Conversion rate: 3.89% Submit rate: 50.55% Conversion rate: N/A Email 2 Open rate: 18.23% Best Click rate: 21.32% Practice Submit rate: 24.73% OLG Conversion rate: 16.82%
  • 15. Best Practice #5 Get prospects to reconfirm their request Asking prospect to RE- CONFIRM their initial request will reduce overall lead volume HOWEVER... ...you will supply the advertiser with those leads that are most engaged, and most likely to go on and convert Best Practice You will save your OLG client time and money
  • 16. Best Practice #6 Don’t ask unnecessary questions (or at least strike a balance) Form #1 Required fields: 99 Full name 99 Full address 99 Email address 99 Phone number *All leads generated on premium ‘trading focused’ websites Best Practice OLG
  • 17. Form #2 Required fields: 99 Full name 99 Full address 99 Email address 99 Phone number 1. How often do you trade? 2. Which best describes your investable assets? 3. How would you characterise your trading experience Best *All leads generated on Practice premium ‘trading focused’ OLG websites
  • 18. Results More fields = decreased submit RESULT Form #1 Form #1 has a 93.3% higher success rate Users: 13,081 Submit rate: 9.63% The advertiser opted to go with form #1 because: Form #2 99 It generated higher volumes, but QUALITY was not affected: Users: 11,639 • Form #1 requires detailed information any- Submit rate: 4.98% way (full address, phone no.) • All leads were generated on RELEVANT Best sites, and therefore leads were regular traders Practice OLG • With lead data they can follow up to find out further information if required
  • 19. Best Practice #7 Email marketing - deliverability is key Email still accounts for a large % of the lead generation landscape. While results will vary depending on a range of factors (quality of data, relevancy, creative etc.), the fact is, consumers still respond to emails in their thousands HOWEVER... you will be wasting your time creating the perfect email if it never reaches the intended inboxes DELIVERABILITY IS KEY Best Practice OLG MAXIMISING THE NUMBER OF PEOPLE YOU CAN REACH IS CRITICAL
  • 20. Best Practice #7 Email marketing - deliverability is key We improved our deliverability from 57% - 99.7% over a 6 month period 99 Encourage interaction - develop content that encourages recipients to click or reply (surveys, feedback requests) 99 List hygiene - bounce management, manage unsubscribes, monitor complaints via ISP feedback loops, sign up for Whitelisting 99 Certification 99 Technical readiness - email server set up, domain throttling Then Engage leads 1. Acquisition - adding a new lead to the file 2. Conversion - prompting the lead to take a desired action (open an account / trade / invest) 3. Engagement & Retention - keeping the lead / customer active and engaged with the Best programengaged with the program Practice 4. Win Back - reaching out to inactive leads to bring them back in to the marketing fold. OLG
  • 21. Summary Best practice lead generation...everyone’s happy Advertisers looking to acquire customers online will continue to use Lead Generation, because it is a cost effective and measurable way to capture interested consumers BEST PRACTICE will ensure this continues to be the case: CONSUMERS are satisfied - they get the information they are looking for, without being tricked into giving their details. Trust is built between the prospect and the advertiser ADVERTISERS don’t waste their time trying to convert poor quality leads. Brand equity is upheld. ROI is easily calculated and transparent Best Practice PUBLISHERS don’t impact on the user experience. OLG Lead volumes may decrease, however long-term revenues INCREASE as quality leads = higher lead costs and greater marketing spend
  • 22. Thank you for your time Please get in touch with any questions julian.barkes@dianomi.com +44 207 802 5530 London New York Sydney www. 18 Buckingham Gate, 1115 Broadway, Level 12, Best dianomi. Practice London, UK, 12th Floor, New York, 95 Pitt Street, Sydney, OLG com SW1E 6LB NY 10010 NSW 2000