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5 Killer Lead Generation
Tactics for E-Commerce

                  Presented by Tyler Garns
              Director of Marketing, Infusionsoft




@tylergarns
Housekeeping
     •    A/V Check
     •    You’re all on mute
     •    This is not a demo of Infusionsoft
          Go to: http://www.infusionsoft.com/demo
     •    Ask questions through GoToWebinar - I’ll handle
          them at the end, Quick survey when you leave
     •    Feel free to tweet if you like the content
     •    I will make you think & do math (pencils ready!)
     •    How to get the best deal on Infusionsoft
@tylergarns
3 Mistakes
 you’re probably making and don’t even realize it




@tylergarns
1
@tylergarns
              e-Commerce sites
              focus too much on
                the sale & miss
                opportunities to
                 capture leads
@tylergarns
Volume vs. Quality




        Low Resistance            High Resistance
         High Volume                Low Volume
         Lower Quality             Higher Quality

@tylergarns
Volume vs. Quality
              Inverse Relationship
                       80

                       60
              Volume

                       40

                       20

                        0
                         High    Medium   Low

                                Quality

@tylergarns
@tylergarns   Lead Generation Driving The Future Of E Commerce Russ Pechman, LinkShare, 2009
67%         percent of ad
         responders who will
          purchase within 1
                year
@tylergarns
2          unprofitable
        discounting - you
      could be making life
      harder for yourself by
       severe discounting
@tylergarns
Daily Deals




@tylergarns
@tylergarns
3
@tylergarns
              focusing more on
                 traffic than
                 conversion
The Tactical Triangle
                           ...while ignoring
                             conversion...




 Most people focus
almost all their efforts            ...and economics.
    on traffic...

    http://www.tacticaltriangle.com
 @tylergarns
@tylergarns   Lead Generation Driving The Future Of E Commerce Russ Pechman, LinkShare, 2009
Let’s do some math :)


@tylergarns
Your missed opportunity
     •    T = How many site visitors do you get each month?

     •    C = How many people become NEW customers
          each month?

     •    L = How many leads do you capture each month
          that don’t become customers in the same month

     •    V = What is a customer worth you to (lifetime value
          of a customer)?

     •    Assume we only capture & convert 2% of the lost
          traffic

     •    Lost Opportunity = (T - ( C + L )) * .02 * V

@tylergarns
How much monthly revenue are
       you missing out on?
     •    $1,000
     •    $5,000
     •    $10,000
     •    $25,000 or more




@tylergarns
5
@tylergarns
                   Killer Lead
              Generation Tactics
               for E-Commerce
1
@tylergarns
              The Daily Deal
This has less to do
      with “daily” and more
        to do with “deal”

@tylergarns
Poor economic
      situations create deal
          seeking buyers

@tylergarns
Daily Deals




@tylergarns
The problem with the daily deal:




   Deal Fatigue

@tylergarns
What’s your strategy?
     •    High-volume sales for profit?
     •    Generate awareness? Get buzz?
     •    Lead generation?




@tylergarns
@tylergarns
@tylergarns
@tylergarns
@tylergarns
If I were doing daily deals...
     •    Sign up for weekly email
     •    In that email show the daily deals for the week
     •    Let people click “remind me about this deal”
     •    Allow them to choose how they’re reminded
         -    Email

         -    Text Message

         -    Social Network (FB message, Twitter DM, etc)

     •    Use availability to drive urgency
          “only 3 left at this price”

@tylergarns
2
@tylergarns
              Free Shipping
@tylergarns
@tylergarns
@tylergarns
@tylergarns
If I were offering free shipping...
     •    Give people a reason to sign up for free
          shipping
     •    Give people a reason to sign up for free
          shipping NOW, even it they’re not currently
          ready to make a purchase
         -    “Lock in free shipping for life. Sign up now”

         -    “Free bonus item - shipped free right now, if you
              sign up for free shipping. No purchase
              necessary.”
              •   (This is lead gen, not sales. Make sure the economics work.)


@tylergarns
3
@tylergarns
              Live Chat
@tylergarns
@tylergarns
If I were doing live chat...
     •    Offer a discount, bonus, or add-on if people chat

     •    This gives them a reason to chat, even if they
          weren’t planning on it

     •    Capture name, email, & phone

         -    “In case chat gets disconnected, I’ll give you a call” - I’d
              have the rep ask for the phone

     •    Put people into an email autoresponder after the
          chat based on the scenario - get permission in chat
          follow-up

     •    Always have live chat show available, capture the
          info, THEN let them know you’re offline & you’ll
          follow up
@tylergarns
4
@tylergarns
              Wish List
@tylergarns
@tylergarns
@tylergarns
If I were using a wish list...
     •    Allow people to add items to their wish list
          without registering
     •    Ask them if they want to “save” their wish list
          before leaving (saving = registering)
     •    Allow “wish list” & “cart” or “bag” be the same
          thing
     •    Generate offers based on particular items
          already in their wish list (if someone puts item
          A in their wish list and doesn’t purchase for a
          week, send them an offer for item A)
@tylergarns
5
@tylergarns
              QR Codes
What the?




@tylergarns
QR Codes


        • Drive offline traffic
              online via mobile
              phone

        • Visual link
        • Mobile bar code


@tylergarns
QR Codes

        • If your target market:
              -   Uses smart phones

              -   Is educated

              -   Has a decent income

        • You’ve got a good
              change of QR codes
              working

@tylergarns
Why use QR codes?



        • Get a deal
        • Find out more
        • etc.



@tylergarns
If I were using QR codes...
     •    Always offer a text option as well
          (you already know they’re on a phone)
          According to the InsightExpress “Digital
          Consumer Portrait” SMS is the preferred way
          to receive mobile coupons
     •    Drive people to a mobile friendly page that
          requests a cell phone number or email
          address to get to the offer
     •    Drip mobile coupons via SMS, drive people to
          SMS coupons via email

@tylergarns
3
@tylergarns
              Other good ideas
1
@tylergarns
              Free education
@tylergarns
@tylergarns
Social lead capture
        • Use education to
              get people to opt-
              in

        • If you’re driving
              traffic from social
              sites, capture a
              social handle

        • Follow up via that
              social channel

@tylergarns
2
@tylergarns
              Contests
@tylergarns
Contests are usually not simple
     •    Make sure your terms & conditions are
          buttoned up tight
     •    Make sure your contest relates to your
          product, educates about your product, or
          drives people to the product
     •    Financial incentive will not always drive the
          behavior you want
         -    Fame, glory, exposure, etc are often better



@tylergarns
3
@tylergarns
              Mobile
Square - Mobile CC Processing


        • Get off your butt &
              go to events, trade
              shows, etc.

        • Sell in person with
              mobile

        •     http://squareup.com




@tylergarns
Mobile is the new way

        • Make it easy to
              purchase on a
              mobile device

              -   Global mobile
                  doubles annually

              -   U.S. m-commerce
                  was $2.4B in
                  2011, expected
                  $119B in 2015


@tylergarns
Lead Capture is only
          the beginning


@tylergarns
Framework for Strategy:
   The Perfect Customer Lifecycle




@tylergarns
@tylergarns
@tylergarns
All-In-One




@tylergarns
Would you like more information
  about how Infusionsoft can help
  you capture leads & more of the
   opportunity you have on your
                site?
     •    Yes
     •    No
     •    I’m already a customer

@tylergarns
Get the best deal
               on the demo:
         http://www.infusionsoft.com/demo




@tylergarns
Questions?

       Call 866.800.0004 Ext. 1


@tylergarns

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5 Killer Lead Generation Tactics for E-Commerce

  • 1. 5 Killer Lead Generation Tactics for E-Commerce Presented by Tyler Garns Director of Marketing, Infusionsoft @tylergarns
  • 2. Housekeeping • A/V Check • You’re all on mute • This is not a demo of Infusionsoft Go to: http://www.infusionsoft.com/demo • Ask questions through GoToWebinar - I’ll handle them at the end, Quick survey when you leave • Feel free to tweet if you like the content • I will make you think & do math (pencils ready!) • How to get the best deal on Infusionsoft @tylergarns
  • 3. 3 Mistakes you’re probably making and don’t even realize it @tylergarns
  • 4. 1 @tylergarns e-Commerce sites focus too much on the sale & miss opportunities to capture leads
  • 6. Volume vs. Quality Low Resistance High Resistance High Volume Low Volume Lower Quality Higher Quality @tylergarns
  • 7. Volume vs. Quality Inverse Relationship 80 60 Volume 40 20 0 High Medium Low Quality @tylergarns
  • 8. @tylergarns Lead Generation Driving The Future Of E Commerce Russ Pechman, LinkShare, 2009
  • 9. 67% percent of ad responders who will purchase within 1 year @tylergarns
  • 10. 2 unprofitable discounting - you could be making life harder for yourself by severe discounting @tylergarns
  • 13. 3 @tylergarns focusing more on traffic than conversion
  • 14. The Tactical Triangle ...while ignoring conversion... Most people focus almost all their efforts ...and economics. on traffic... http://www.tacticaltriangle.com @tylergarns
  • 15. @tylergarns Lead Generation Driving The Future Of E Commerce Russ Pechman, LinkShare, 2009
  • 16. Let’s do some math :) @tylergarns
  • 17. Your missed opportunity • T = How many site visitors do you get each month? • C = How many people become NEW customers each month? • L = How many leads do you capture each month that don’t become customers in the same month • V = What is a customer worth you to (lifetime value of a customer)? • Assume we only capture & convert 2% of the lost traffic • Lost Opportunity = (T - ( C + L )) * .02 * V @tylergarns
  • 18. How much monthly revenue are you missing out on? • $1,000 • $5,000 • $10,000 • $25,000 or more @tylergarns
  • 19. 5 @tylergarns Killer Lead Generation Tactics for E-Commerce
  • 20. 1 @tylergarns The Daily Deal
  • 21. This has less to do with “daily” and more to do with “deal” @tylergarns
  • 22. Poor economic situations create deal seeking buyers @tylergarns
  • 24. The problem with the daily deal: Deal Fatigue @tylergarns
  • 25. What’s your strategy? • High-volume sales for profit? • Generate awareness? Get buzz? • Lead generation? @tylergarns
  • 30. If I were doing daily deals... • Sign up for weekly email • In that email show the daily deals for the week • Let people click “remind me about this deal” • Allow them to choose how they’re reminded - Email - Text Message - Social Network (FB message, Twitter DM, etc) • Use availability to drive urgency “only 3 left at this price” @tylergarns
  • 31. 2 @tylergarns Free Shipping
  • 36. If I were offering free shipping... • Give people a reason to sign up for free shipping • Give people a reason to sign up for free shipping NOW, even it they’re not currently ready to make a purchase - “Lock in free shipping for life. Sign up now” - “Free bonus item - shipped free right now, if you sign up for free shipping. No purchase necessary.” • (This is lead gen, not sales. Make sure the economics work.) @tylergarns
  • 37. 3 @tylergarns Live Chat
  • 40. If I were doing live chat... • Offer a discount, bonus, or add-on if people chat • This gives them a reason to chat, even if they weren’t planning on it • Capture name, email, & phone - “In case chat gets disconnected, I’ll give you a call” - I’d have the rep ask for the phone • Put people into an email autoresponder after the chat based on the scenario - get permission in chat follow-up • Always have live chat show available, capture the info, THEN let them know you’re offline & you’ll follow up @tylergarns
  • 41. 4 @tylergarns Wish List
  • 45. If I were using a wish list... • Allow people to add items to their wish list without registering • Ask them if they want to “save” their wish list before leaving (saving = registering) • Allow “wish list” & “cart” or “bag” be the same thing • Generate offers based on particular items already in their wish list (if someone puts item A in their wish list and doesn’t purchase for a week, send them an offer for item A) @tylergarns
  • 46. 5 @tylergarns QR Codes
  • 48. QR Codes • Drive offline traffic online via mobile phone • Visual link • Mobile bar code @tylergarns
  • 49. QR Codes • If your target market: - Uses smart phones - Is educated - Has a decent income • You’ve got a good change of QR codes working @tylergarns
  • 50. Why use QR codes? • Get a deal • Find out more • etc. @tylergarns
  • 51. If I were using QR codes... • Always offer a text option as well (you already know they’re on a phone) According to the InsightExpress “Digital Consumer Portrait” SMS is the preferred way to receive mobile coupons • Drive people to a mobile friendly page that requests a cell phone number or email address to get to the offer • Drip mobile coupons via SMS, drive people to SMS coupons via email @tylergarns
  • 52. 3 @tylergarns Other good ideas
  • 53. 1 @tylergarns Free education
  • 56. Social lead capture • Use education to get people to opt- in • If you’re driving traffic from social sites, capture a social handle • Follow up via that social channel @tylergarns
  • 57. 2 @tylergarns Contests
  • 59. Contests are usually not simple • Make sure your terms & conditions are buttoned up tight • Make sure your contest relates to your product, educates about your product, or drives people to the product • Financial incentive will not always drive the behavior you want - Fame, glory, exposure, etc are often better @tylergarns
  • 60. 3 @tylergarns Mobile
  • 61. Square - Mobile CC Processing • Get off your butt & go to events, trade shows, etc. • Sell in person with mobile • http://squareup.com @tylergarns
  • 62. Mobile is the new way • Make it easy to purchase on a mobile device - Global mobile doubles annually - U.S. m-commerce was $2.4B in 2011, expected $119B in 2015 @tylergarns
  • 63. Lead Capture is only the beginning @tylergarns
  • 64. Framework for Strategy: The Perfect Customer Lifecycle @tylergarns
  • 68. Would you like more information about how Infusionsoft can help you capture leads & more of the opportunity you have on your site? • Yes • No • I’m already a customer @tylergarns
  • 69. Get the best deal on the demo: http://www.infusionsoft.com/demo @tylergarns
  • 70. Questions? Call 866.800.0004 Ext. 1 @tylergarns