SlideShare una empresa de Scribd logo
1 de 48
Lessons Learned from Surviving Bankruptcy
Jacqueline Urick, Director SEM/SEO and UX
• Web dev turned digital marketer
• 20 years in the digital space
• @moarinternets
• jacqueline.urick@searshc.com
About Me
“We’ve always done it this way.”
“This is the best way to do it.”
“We tested this years ago and it didn’t work.”
“We know better than the customer about what
they need.”
“We need a complex solution because the
business is complex.”
“This is going to require a series of meetings to
get approval from every stakeholder.”
“Because of this existing process, we can’t
prioritize this new feature.”
“I’m going to ignore this until someone cc’s my
boss.”
“I need more results reports.”
“My team doesn’t do this, talk to the other
team.”
“We’re #1 nationwide.”
“We’re still profitable.”
“This is fine.”
“It’s not our team, it’s the other team.”
“No one is on top forever and we have been on
top for over 100 years.”
In order to combat the creep of
Arrogance, Bureaucracy and
Complacency, we must
create a culture of positive
Adaptive Change.
Technical Change vs Adaptive Change
Increase
customer care
to handle poor
reviews.
Offer discounts
to entice
customers to
convert.
We can make
up the gap by
spending more
in paid search.
Working with operations,
development and UX to create an
overall better customer experience.
Audit pricing and offers by market,
update prices and exit unprofitable
markets if need be.
Analyze the customer journey and
update and invest in the marketing
mix that aligns to those journeys.
Corporate
Psyche
The “soul” of the organization. It’s what the
organization values and how it behaves in
relation to those values.
Corporate
Mythology
https://en.wikipedia.org/wiki/Phoenix_(mythology)#/media/File:Phoenix-Fabelwesen.jpg
The beliefs the organization holds as truth.
Adaptive change
requires you to
push the system
out of the current
equilibrium
and into a new
equilibrium.
Business Activities
Mythology
Psyche
You can work to change
the way the business
sees itself.
You can work to
change the things the
business believes.
ABCs and
Team
Structure
VP, CMO
DVP, 3 Businesses Sr. Director, UX
Sr. Director, 1
business
Me, SEO
2017
VP, Sales &
Marketing
DVP, Paid
Acquisition
Director, Member
Marketing
Me, SEO and UX
Sr. Director,
Analytics
2018
We need to be able to take an order.
We need to be able to communicate
about the orders.
We need to get more orders.
We need to know how we’re doing.
Breaking
the business
down to
the basics
VP, Sales &
Marketing
Director, Member
Marketing
Me, SEM/SEO and
UX
Sr. Director, Sales
Channel & Analytics
2019
Functional Marketing Org
If you want to lead people
through adaptive change, give
them a no-lose situation.
Make it an opportunity to grow
their own careers.
The Myths
of
Paid
and
Organic
“If our organic was better we wouldn’t need
paid at all.”
“Spending more in paid makes all the
channels perform better.”
“We only bid on brand terms to make our
ROAS look better.”
“Organic investments take too long to see
return.”
In the Dark
Big gains in Organic traffic and
conversion, but not enough to
completely offset paid.
 Chose some mid-volume areas where we felt
we had good SEO visibility.
 Stopped branded paid search in 5 DMAs over
a period of two weeks.
 Couldn’t measure offline accurately for
organic
Didn’t have Organic keyword conversion data
And then we were forced to switch agencies,
but that is another story…
Sometimes
tests don’t
go as
planned
Synergy:
the Future
Acronym’s Keyword
Objects tool
If you want to know the
relationship between paid and
organic for your site and your
business, you’re going to have to
test into it.
What is the
value of your
brand?
SHS Repair Ad
Brand 3 Ad
SHS Repair Scheduler
SHS Tech
Completes
repair
Brand 3 Scheduler,
schedules SHS Repair
Test #1 – SHS Brand vs Brand 3
Results
 CTR on the ads were similar despite Brand
3 ad set to always bid below SHS brand ad
 Cancel rate of those scheduling via the
Brand 3 was significantly higher.
 A significant number of those cancels
occurred right after receiving the
confirmation that SHS was going to
complete the repair.
Test #2 – SHS Brand vs Brand 3, fulfilled by Brand 2
SHS Repair Ad
Brand 3 Ad
SHS Repair Scheduler SHS Tech
Completes
repair
Brand 3 Scheduler,
schedules Brand 2 Repair
Brand 2
Tech
Completes
repair
Brand 2 one hour cancel rate was 8.6%
less than the SHS brand one hour cancel
rate.
 Brand 2 overall cancel rate was 3% less
than SHS brand
Customers indifferent to Sears brand were
far more sensitive to date.
Results
Validate your myths.
What’s true for one persona or
cohort may not be true for another.
Q: What’s
20% Cooler?
A: 20% more
revenue per
order.
https://www.deviantart.com/missfluttershyshy/art/Rainbow-Dash-20-Percent-Cooler-451060106
By removing all the 20% off offers,
we:
Lost some paid search CTR.
Reduced the complexity for
the technicians.
Overall, no change in overall
conversion.
Improved the relationship
between sales and marketing.
$35k average per week
revenue increase.
Myth: We
need to have
an offer!
The best solutions consider the
entire ecosystem.
Beware managing to a single
channel KPI.
Keep it Simple
The lesson learned?
People don’t read the forms they are
filling out. -_-
User Surveys
and Tests
There are no answers inside the
building. Get out of the building.
- Steve Blank
In auditing reports for 1 business unit:
67 weekly reports
28 reports deprecated
The rest were merged and updated.
SO MANY HOURS
SAVED!!
Teams are better aligned around KPIs as
there is a single source of truth.
Inevitable Question: What is driving these numbers?
Let the data tell the story
Fighting arrogance, bureaucracy
and complacency is a conscious
effort.
The initiatives you choose, the data
you measure, the story you frame all
contribute to the corporate psyche
and mythology.
Adaptive change comes from
changing how the organization sees
itself and/or what the organization
believes.
Radical organizational change is
opportunity.
What is your contribution?
Thank You

Más contenido relacionado

La actualidad más candente

[500DISTRO] Do You Speak Growth? Examining the Language Behind What Users Want
[500DISTRO] Do You Speak Growth? Examining the Language Behind What Users Want[500DISTRO] Do You Speak Growth? Examining the Language Behind What Users Want
[500DISTRO] Do You Speak Growth? Examining the Language Behind What Users Want500 Startups
 
Identifying the Right Software for Your Small Business
Identifying the Right Software for Your Small BusinessIdentifying the Right Software for Your Small Business
Identifying the Right Software for Your Small BusinessKabbage
 
61% of google ad words budgets are completely wasted
61% of google ad words budgets are completely wasted61% of google ad words budgets are completely wasted
61% of google ad words budgets are completely wastedKissmetrics on SlideShare
 
Supply Chain insights Year in Review - 2015 - Slide deck from webinar
Supply Chain insights Year in Review - 2015 - Slide deck from webinarSupply Chain insights Year in Review - 2015 - Slide deck from webinar
Supply Chain insights Year in Review - 2015 - Slide deck from webinarLora Cecere
 
What's New in SEO? February 2019 Update
What's New in SEO? February 2019 UpdateWhat's New in SEO? February 2019 Update
What's New in SEO? February 2019 UpdateLaura Hampton
 
How to generate business on Zillow by Andrew Adams
How to generate business on Zillow by Andrew Adams How to generate business on Zillow by Andrew Adams
How to generate business on Zillow by Andrew Adams Mortgage Coach
 
Deksia seo salesdeck_v01_je
Deksia seo salesdeck_v01_jeDeksia seo salesdeck_v01_je
Deksia seo salesdeck_v01_jeDeksia
 
Garth Graham MBA Tech Keynote slides 2018
Garth Graham MBA Tech Keynote slides 2018Garth Graham MBA Tech Keynote slides 2018
Garth Graham MBA Tech Keynote slides 2018Mortgage Coach
 
To Sell or Not To Sell
To Sell or Not To SellTo Sell or Not To Sell
To Sell or Not To SellTotango
 
Earning Your Cred: Understand & Leverage Business Credit
Earning Your Cred: Understand & Leverage Business Credit Earning Your Cred: Understand & Leverage Business Credit
Earning Your Cred: Understand & Leverage Business Credit Kabbage
 
8 landing page tips for non profits and small businesses
8 landing page tips for non profits and small businesses8 landing page tips for non profits and small businesses
8 landing page tips for non profits and small businessesBecky Livingston
 
Key CRO Metrics to Analyze for Successful Landing Pages
Key CRO Metrics to Analyze for Successful Landing PagesKey CRO Metrics to Analyze for Successful Landing Pages
Key CRO Metrics to Analyze for Successful Landing PagesKissmetrics on SlideShare
 
Track A - 10 reasons how ecommerce platforms make voucher code promotions suck!
Track A - 10 reasons how ecommerce platforms make voucher code promotions suck!Track A - 10 reasons how ecommerce platforms make voucher code promotions suck!
Track A - 10 reasons how ecommerce platforms make voucher code promotions suck!Affiliate Summit
 
EDGE Preview Presentation for Bill Hart
EDGE Preview Presentation for Bill HartEDGE Preview Presentation for Bill Hart
EDGE Preview Presentation for Bill HartMortgage Coach
 
Call to action 2015 final - final
Call to action 2015   final - finalCall to action 2015   final - final
Call to action 2015 final - finalWil Reynolds
 
7 Things About PPC Strategy Our Clients Want to Know - SLC|SEM
7 Things About PPC Strategy Our Clients Want to Know - SLC|SEM7 Things About PPC Strategy Our Clients Want to Know - SLC|SEM
7 Things About PPC Strategy Our Clients Want to Know - SLC|SEMUtah Digital Marketing Collective
 
Finding, Hiring and Engaging Superstar Employees for Your Small Business
Finding, Hiring and Engaging Superstar Employees for Your Small BusinessFinding, Hiring and Engaging Superstar Employees for Your Small Business
Finding, Hiring and Engaging Superstar Employees for Your Small BusinessKabbage
 

La actualidad más candente (20)

[500DISTRO] Do You Speak Growth? Examining the Language Behind What Users Want
[500DISTRO] Do You Speak Growth? Examining the Language Behind What Users Want[500DISTRO] Do You Speak Growth? Examining the Language Behind What Users Want
[500DISTRO] Do You Speak Growth? Examining the Language Behind What Users Want
 
Identifying the Right Software for Your Small Business
Identifying the Right Software for Your Small BusinessIdentifying the Right Software for Your Small Business
Identifying the Right Software for Your Small Business
 
How You Can Fix TheLeaks
How You Can Fix TheLeaksHow You Can Fix TheLeaks
How You Can Fix TheLeaks
 
61% of google ad words budgets are completely wasted
61% of google ad words budgets are completely wasted61% of google ad words budgets are completely wasted
61% of google ad words budgets are completely wasted
 
Supply Chain insights Year in Review - 2015 - Slide deck from webinar
Supply Chain insights Year in Review - 2015 - Slide deck from webinarSupply Chain insights Year in Review - 2015 - Slide deck from webinar
Supply Chain insights Year in Review - 2015 - Slide deck from webinar
 
What's New in SEO? February 2019 Update
What's New in SEO? February 2019 UpdateWhat's New in SEO? February 2019 Update
What's New in SEO? February 2019 Update
 
How to generate business on Zillow by Andrew Adams
How to generate business on Zillow by Andrew Adams How to generate business on Zillow by Andrew Adams
How to generate business on Zillow by Andrew Adams
 
Deksia seo salesdeck_v01_je
Deksia seo salesdeck_v01_jeDeksia seo salesdeck_v01_je
Deksia seo salesdeck_v01_je
 
Garth Graham MBA Tech Keynote slides 2018
Garth Graham MBA Tech Keynote slides 2018Garth Graham MBA Tech Keynote slides 2018
Garth Graham MBA Tech Keynote slides 2018
 
Creativeimedia
CreativeimediaCreativeimedia
Creativeimedia
 
To Sell or Not To Sell
To Sell or Not To SellTo Sell or Not To Sell
To Sell or Not To Sell
 
Earning Your Cred: Understand & Leverage Business Credit
Earning Your Cred: Understand & Leverage Business Credit Earning Your Cred: Understand & Leverage Business Credit
Earning Your Cred: Understand & Leverage Business Credit
 
8 landing page tips for non profits and small businesses
8 landing page tips for non profits and small businesses8 landing page tips for non profits and small businesses
8 landing page tips for non profits and small businesses
 
Key CRO Metrics to Analyze for Successful Landing Pages
Key CRO Metrics to Analyze for Successful Landing PagesKey CRO Metrics to Analyze for Successful Landing Pages
Key CRO Metrics to Analyze for Successful Landing Pages
 
Track A - 10 reasons how ecommerce platforms make voucher code promotions suck!
Track A - 10 reasons how ecommerce platforms make voucher code promotions suck!Track A - 10 reasons how ecommerce platforms make voucher code promotions suck!
Track A - 10 reasons how ecommerce platforms make voucher code promotions suck!
 
7 Proven Ways to TRIPLE Your PPC Conversion Rate (Webinar)
7 Proven Ways to TRIPLE Your PPC Conversion Rate (Webinar)7 Proven Ways to TRIPLE Your PPC Conversion Rate (Webinar)
7 Proven Ways to TRIPLE Your PPC Conversion Rate (Webinar)
 
EDGE Preview Presentation for Bill Hart
EDGE Preview Presentation for Bill HartEDGE Preview Presentation for Bill Hart
EDGE Preview Presentation for Bill Hart
 
Call to action 2015 final - final
Call to action 2015   final - finalCall to action 2015   final - final
Call to action 2015 final - final
 
7 Things About PPC Strategy Our Clients Want to Know - SLC|SEM
7 Things About PPC Strategy Our Clients Want to Know - SLC|SEM7 Things About PPC Strategy Our Clients Want to Know - SLC|SEM
7 Things About PPC Strategy Our Clients Want to Know - SLC|SEM
 
Finding, Hiring and Engaging Superstar Employees for Your Small Business
Finding, Hiring and Engaging Superstar Employees for Your Small BusinessFinding, Hiring and Engaging Superstar Employees for Your Small Business
Finding, Hiring and Engaging Superstar Employees for Your Small Business
 

Similar a Lessons Learned from Surviving Bankruptcy

How to Accelerate Marketing Performance Through More Effective Budgeting and ...
How to Accelerate Marketing Performance Through More Effective Budgeting and ...How to Accelerate Marketing Performance Through More Effective Budgeting and ...
How to Accelerate Marketing Performance Through More Effective Budgeting and ...Allocadia Software
 
SAPhybris: John Fisher & Brian Diehl
SAPhybris: John Fisher & Brian DiehlSAPhybris: John Fisher & Brian Diehl
SAPhybris: John Fisher & Brian DiehlGamePlanConference
 
Ideas Lab 2017 Slides
Ideas Lab 2017 SlidesIdeas Lab 2017 Slides
Ideas Lab 2017 SlidesStephen Kerr
 
More Traffic, More Conversions: How To Build Great Landing Pages
More Traffic, More Conversions: How To Build Great Landing PagesMore Traffic, More Conversions: How To Build Great Landing Pages
More Traffic, More Conversions: How To Build Great Landing PagesHanapin Marketing
 
How GetNinjas uses data to make smarter product decisions
How GetNinjas uses data to make smarter product decisionsHow GetNinjas uses data to make smarter product decisions
How GetNinjas uses data to make smarter product decisionsBernardo Srulzon
 
Increase the Value of your Personal Injury Law Firm with FIT
Increase the Value of your Personal Injury Law Firm with FITIncrease the Value of your Personal Injury Law Firm with FIT
Increase the Value of your Personal Injury Law Firm with FITGreg Chambers
 
All famous company profile v12.0 nov 14, 2013
All famous company profile v12.0   nov 14, 2013All famous company profile v12.0   nov 14, 2013
All famous company profile v12.0 nov 14, 2013Pauline Pangan
 
What Happens When You Remove the Fear of Digital?
What Happens When You Remove the Fear of Digital?What Happens When You Remove the Fear of Digital?
What Happens When You Remove the Fear of Digital?GrowthHackTalks
 
The History | EquipmentFX
The History | EquipmentFXThe History | EquipmentFX
The History | EquipmentFXJonathan Usher
 
Arming Your Sales Force to Thrive in Times of Uncertainty
Arming Your Sales Force to Thrive in Times of UncertaintyArming Your Sales Force to Thrive in Times of Uncertainty
Arming Your Sales Force to Thrive in Times of UncertaintyLinkedIn Sales Solutions
 
Why Great Marketers Must Be Great Skeptics
Why Great Marketers Must Be Great SkepticsWhy Great Marketers Must Be Great Skeptics
Why Great Marketers Must Be Great SkepticsRand Fishkin
 
AutoSuccess Sep09
AutoSuccess Sep09AutoSuccess Sep09
AutoSuccess Sep09autosuccess
 
Autosuccess Sep09
Autosuccess Sep09Autosuccess Sep09
Autosuccess Sep09autosuccess
 
How B2B buying and selling will change in 2020
How B2B buying and selling will change in 2020How B2B buying and selling will change in 2020
How B2B buying and selling will change in 2020Shruti Kapoor
 
5 ways to convert your website visitors into customers presentation may 2020
5 ways to convert your website visitors into customers presentation may 20205 ways to convert your website visitors into customers presentation may 2020
5 ways to convert your website visitors into customers presentation may 2020Xpand
 
My Most Stressful Sales
My Most Stressful SalesMy Most Stressful Sales
My Most Stressful SalesKiite Inc
 
How To Convince Your Boss on CRO
How To Convince Your Boss on CROHow To Convince Your Boss on CRO
How To Convince Your Boss on CROOptimizely
 
Webmarketing123 Close the Loop Between Keywords and Revenue
Webmarketing123   Close the Loop Between Keywords and RevenueWebmarketing123   Close the Loop Between Keywords and Revenue
Webmarketing123 Close the Loop Between Keywords and RevenueDemandWave
 

Similar a Lessons Learned from Surviving Bankruptcy (20)

How to Accelerate Marketing Performance Through More Effective Budgeting and ...
How to Accelerate Marketing Performance Through More Effective Budgeting and ...How to Accelerate Marketing Performance Through More Effective Budgeting and ...
How to Accelerate Marketing Performance Through More Effective Budgeting and ...
 
1stSeo slideshow
1stSeo slideshow1stSeo slideshow
1stSeo slideshow
 
SAPhybris: John Fisher & Brian Diehl
SAPhybris: John Fisher & Brian DiehlSAPhybris: John Fisher & Brian Diehl
SAPhybris: John Fisher & Brian Diehl
 
Ideas Lab 2017 Slides
Ideas Lab 2017 SlidesIdeas Lab 2017 Slides
Ideas Lab 2017 Slides
 
More Traffic, More Conversions: How To Build Great Landing Pages
More Traffic, More Conversions: How To Build Great Landing PagesMore Traffic, More Conversions: How To Build Great Landing Pages
More Traffic, More Conversions: How To Build Great Landing Pages
 
Adobe Summit 2014
Adobe Summit 2014Adobe Summit 2014
Adobe Summit 2014
 
How GetNinjas uses data to make smarter product decisions
How GetNinjas uses data to make smarter product decisionsHow GetNinjas uses data to make smarter product decisions
How GetNinjas uses data to make smarter product decisions
 
Increase the Value of your Personal Injury Law Firm with FIT
Increase the Value of your Personal Injury Law Firm with FITIncrease the Value of your Personal Injury Law Firm with FIT
Increase the Value of your Personal Injury Law Firm with FIT
 
All famous company profile v12.0 nov 14, 2013
All famous company profile v12.0   nov 14, 2013All famous company profile v12.0   nov 14, 2013
All famous company profile v12.0 nov 14, 2013
 
What Happens When You Remove the Fear of Digital?
What Happens When You Remove the Fear of Digital?What Happens When You Remove the Fear of Digital?
What Happens When You Remove the Fear of Digital?
 
The History | EquipmentFX
The History | EquipmentFXThe History | EquipmentFX
The History | EquipmentFX
 
Arming Your Sales Force to Thrive in Times of Uncertainty
Arming Your Sales Force to Thrive in Times of UncertaintyArming Your Sales Force to Thrive in Times of Uncertainty
Arming Your Sales Force to Thrive in Times of Uncertainty
 
Why Great Marketers Must Be Great Skeptics
Why Great Marketers Must Be Great SkepticsWhy Great Marketers Must Be Great Skeptics
Why Great Marketers Must Be Great Skeptics
 
AutoSuccess Sep09
AutoSuccess Sep09AutoSuccess Sep09
AutoSuccess Sep09
 
Autosuccess Sep09
Autosuccess Sep09Autosuccess Sep09
Autosuccess Sep09
 
How B2B buying and selling will change in 2020
How B2B buying and selling will change in 2020How B2B buying and selling will change in 2020
How B2B buying and selling will change in 2020
 
5 ways to convert your website visitors into customers presentation may 2020
5 ways to convert your website visitors into customers presentation may 20205 ways to convert your website visitors into customers presentation may 2020
5 ways to convert your website visitors into customers presentation may 2020
 
My Most Stressful Sales
My Most Stressful SalesMy Most Stressful Sales
My Most Stressful Sales
 
How To Convince Your Boss on CRO
How To Convince Your Boss on CROHow To Convince Your Boss on CRO
How To Convince Your Boss on CRO
 
Webmarketing123 Close the Loop Between Keywords and Revenue
Webmarketing123   Close the Loop Between Keywords and RevenueWebmarketing123   Close the Loop Between Keywords and Revenue
Webmarketing123 Close the Loop Between Keywords and Revenue
 

Último

The Art of sales from fictional characters.
The Art of sales from fictional characters.The Art of sales from fictional characters.
The Art of sales from fictional characters.Bharathi sakthi
 
Optimizing Your Marketing with AI-Powered Prompts
Optimizing Your Marketing with AI-Powered PromptsOptimizing Your Marketing with AI-Powered Prompts
Optimizing Your Marketing with AI-Powered PromptsVbout.com
 
Mastering Affiliate Marketing: A Comprehensive Guide to Success
Mastering Affiliate Marketing: A Comprehensive Guide to SuccessMastering Affiliate Marketing: A Comprehensive Guide to Success
Mastering Affiliate Marketing: A Comprehensive Guide to SuccessAbdulsamad Lukman
 
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdfMicro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdfPiyush Kumar
 
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATION
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATIONHOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATION
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATIONpratheeshraj987
 
Alpha Media March 2024 Buyers Guide.pptx
Alpha Media March 2024 Buyers Guide.pptxAlpha Media March 2024 Buyers Guide.pptx
Alpha Media March 2024 Buyers Guide.pptxDave McCallum
 
Resumé Karina Perez | Digital Strategist
Resumé Karina Perez | Digital StrategistResumé Karina Perez | Digital Strategist
Resumé Karina Perez | Digital StrategistKarina Perez
 
Elevating Your Digital Presence by Evitha.pdf
Elevating Your Digital Presence by Evitha.pdfElevating Your Digital Presence by Evitha.pdf
Elevating Your Digital Presence by Evitha.pdfevithatojoparel
 
Social Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh BendaySocial Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh BendayMaharshBenday
 
Cartona.pptx. Marketing how to present your project very well , discussed a...
Cartona.pptx.   Marketing how to present your project very well , discussed a...Cartona.pptx.   Marketing how to present your project very well , discussed a...
Cartona.pptx. Marketing how to present your project very well , discussed a...BeshoyFawaz1
 
[Expert Panel] New Google Shopping Ads Strategies Uncovered
[Expert Panel] New Google Shopping Ads Strategies Uncovered[Expert Panel] New Google Shopping Ads Strategies Uncovered
[Expert Panel] New Google Shopping Ads Strategies UncoveredSearch Engine Journal
 
The 9th May Incident in Pakistan A Turning Point in History.pptx
The 9th May Incident in Pakistan A Turning Point in History.pptxThe 9th May Incident in Pakistan A Turning Point in History.pptx
The 9th May Incident in Pakistan A Turning Point in History.pptxelizabethella096
 
personal branding kit for music business
personal branding kit for music businesspersonal branding kit for music business
personal branding kit for music businessbrjohnson6
 
VIP Call Girls Dongri WhatsApp +91-9833363713, Full Night Service
VIP Call Girls Dongri WhatsApp +91-9833363713, Full Night ServiceVIP Call Girls Dongri WhatsApp +91-9833363713, Full Night Service
VIP Call Girls Dongri WhatsApp +91-9833363713, Full Night Servicemeghakumariji156
 
Instant Digital Issuance: An Overview With Critical First Touch Best Practices
Instant Digital Issuance: An Overview With Critical First Touch Best PracticesInstant Digital Issuance: An Overview With Critical First Touch Best Practices
Instant Digital Issuance: An Overview With Critical First Touch Best PracticesMedia Logic
 
HITECH CITY CALL GIRL IN 9234842891 💞 INDEPENDENT ESCORT SERVICE HITECH CITY
HITECH CITY CALL GIRL IN 9234842891 💞 INDEPENDENT ESCORT SERVICE HITECH CITYHITECH CITY CALL GIRL IN 9234842891 💞 INDEPENDENT ESCORT SERVICE HITECH CITY
HITECH CITY CALL GIRL IN 9234842891 💞 INDEPENDENT ESCORT SERVICE HITECH CITYNiteshKumar82226
 
How consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their livesHow consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their livesMathuraa
 
10 Email Marketing Best Practices to Increase Engagements, CTR, And ROI
10 Email Marketing Best Practices to Increase Engagements, CTR, And ROI10 Email Marketing Best Practices to Increase Engagements, CTR, And ROI
10 Email Marketing Best Practices to Increase Engagements, CTR, And ROIShamsudeen Adeshokan
 
Social Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh BendaySocial Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh BendayMaharshBenday
 

Último (20)

The Art of sales from fictional characters.
The Art of sales from fictional characters.The Art of sales from fictional characters.
The Art of sales from fictional characters.
 
Optimizing Your Marketing with AI-Powered Prompts
Optimizing Your Marketing with AI-Powered PromptsOptimizing Your Marketing with AI-Powered Prompts
Optimizing Your Marketing with AI-Powered Prompts
 
Mastering Affiliate Marketing: A Comprehensive Guide to Success
Mastering Affiliate Marketing: A Comprehensive Guide to SuccessMastering Affiliate Marketing: A Comprehensive Guide to Success
Mastering Affiliate Marketing: A Comprehensive Guide to Success
 
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdfMicro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
 
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATION
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATIONHOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATION
HOW TO HANDLE SALES OBJECTIONS | SELLING AND NEGOTIATION
 
Alpha Media March 2024 Buyers Guide.pptx
Alpha Media March 2024 Buyers Guide.pptxAlpha Media March 2024 Buyers Guide.pptx
Alpha Media March 2024 Buyers Guide.pptx
 
Resumé Karina Perez | Digital Strategist
Resumé Karina Perez | Digital StrategistResumé Karina Perez | Digital Strategist
Resumé Karina Perez | Digital Strategist
 
Elevating Your Digital Presence by Evitha.pdf
Elevating Your Digital Presence by Evitha.pdfElevating Your Digital Presence by Evitha.pdf
Elevating Your Digital Presence by Evitha.pdf
 
Social Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh BendaySocial Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh Benday
 
Cartona.pptx. Marketing how to present your project very well , discussed a...
Cartona.pptx.   Marketing how to present your project very well , discussed a...Cartona.pptx.   Marketing how to present your project very well , discussed a...
Cartona.pptx. Marketing how to present your project very well , discussed a...
 
[Expert Panel] New Google Shopping Ads Strategies Uncovered
[Expert Panel] New Google Shopping Ads Strategies Uncovered[Expert Panel] New Google Shopping Ads Strategies Uncovered
[Expert Panel] New Google Shopping Ads Strategies Uncovered
 
The 9th May Incident in Pakistan A Turning Point in History.pptx
The 9th May Incident in Pakistan A Turning Point in History.pptxThe 9th May Incident in Pakistan A Turning Point in History.pptx
The 9th May Incident in Pakistan A Turning Point in History.pptx
 
4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
 
personal branding kit for music business
personal branding kit for music businesspersonal branding kit for music business
personal branding kit for music business
 
VIP Call Girls Dongri WhatsApp +91-9833363713, Full Night Service
VIP Call Girls Dongri WhatsApp +91-9833363713, Full Night ServiceVIP Call Girls Dongri WhatsApp +91-9833363713, Full Night Service
VIP Call Girls Dongri WhatsApp +91-9833363713, Full Night Service
 
Instant Digital Issuance: An Overview With Critical First Touch Best Practices
Instant Digital Issuance: An Overview With Critical First Touch Best PracticesInstant Digital Issuance: An Overview With Critical First Touch Best Practices
Instant Digital Issuance: An Overview With Critical First Touch Best Practices
 
HITECH CITY CALL GIRL IN 9234842891 💞 INDEPENDENT ESCORT SERVICE HITECH CITY
HITECH CITY CALL GIRL IN 9234842891 💞 INDEPENDENT ESCORT SERVICE HITECH CITYHITECH CITY CALL GIRL IN 9234842891 💞 INDEPENDENT ESCORT SERVICE HITECH CITY
HITECH CITY CALL GIRL IN 9234842891 💞 INDEPENDENT ESCORT SERVICE HITECH CITY
 
How consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their livesHow consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their lives
 
10 Email Marketing Best Practices to Increase Engagements, CTR, And ROI
10 Email Marketing Best Practices to Increase Engagements, CTR, And ROI10 Email Marketing Best Practices to Increase Engagements, CTR, And ROI
10 Email Marketing Best Practices to Increase Engagements, CTR, And ROI
 
Social Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh BendaySocial Media Marketing Portfolio - Maharsh Benday
Social Media Marketing Portfolio - Maharsh Benday
 

Lessons Learned from Surviving Bankruptcy

  • 1. Lessons Learned from Surviving Bankruptcy Jacqueline Urick, Director SEM/SEO and UX
  • 2. • Web dev turned digital marketer • 20 years in the digital space • @moarinternets • jacqueline.urick@searshc.com About Me
  • 3.
  • 4. “We’ve always done it this way.” “This is the best way to do it.” “We tested this years ago and it didn’t work.” “We know better than the customer about what they need.” “We need a complex solution because the business is complex.”
  • 5. “This is going to require a series of meetings to get approval from every stakeholder.” “Because of this existing process, we can’t prioritize this new feature.” “I’m going to ignore this until someone cc’s my boss.” “I need more results reports.” “My team doesn’t do this, talk to the other team.”
  • 6. “We’re #1 nationwide.” “We’re still profitable.” “This is fine.” “It’s not our team, it’s the other team.” “No one is on top forever and we have been on top for over 100 years.”
  • 7. In order to combat the creep of Arrogance, Bureaucracy and Complacency, we must create a culture of positive Adaptive Change.
  • 8. Technical Change vs Adaptive Change Increase customer care to handle poor reviews. Offer discounts to entice customers to convert. We can make up the gap by spending more in paid search. Working with operations, development and UX to create an overall better customer experience. Audit pricing and offers by market, update prices and exit unprofitable markets if need be. Analyze the customer journey and update and invest in the marketing mix that aligns to those journeys.
  • 9. Corporate Psyche The “soul” of the organization. It’s what the organization values and how it behaves in relation to those values.
  • 11. Adaptive change requires you to push the system out of the current equilibrium and into a new equilibrium. Business Activities Mythology Psyche You can work to change the way the business sees itself. You can work to change the things the business believes.
  • 13. VP, CMO DVP, 3 Businesses Sr. Director, UX Sr. Director, 1 business Me, SEO 2017
  • 14. VP, Sales & Marketing DVP, Paid Acquisition Director, Member Marketing Me, SEO and UX Sr. Director, Analytics 2018
  • 15. We need to be able to take an order. We need to be able to communicate about the orders. We need to get more orders. We need to know how we’re doing. Breaking the business down to the basics
  • 16. VP, Sales & Marketing Director, Member Marketing Me, SEM/SEO and UX Sr. Director, Sales Channel & Analytics 2019 Functional Marketing Org
  • 17. If you want to lead people through adaptive change, give them a no-lose situation. Make it an opportunity to grow their own careers.
  • 18.
  • 19. The Myths of Paid and Organic “If our organic was better we wouldn’t need paid at all.” “Spending more in paid makes all the channels perform better.” “We only bid on brand terms to make our ROAS look better.” “Organic investments take too long to see return.”
  • 20. In the Dark Big gains in Organic traffic and conversion, but not enough to completely offset paid.
  • 21.  Chose some mid-volume areas where we felt we had good SEO visibility.  Stopped branded paid search in 5 DMAs over a period of two weeks.  Couldn’t measure offline accurately for organic Didn’t have Organic keyword conversion data And then we were forced to switch agencies, but that is another story… Sometimes tests don’t go as planned
  • 23.
  • 24. If you want to know the relationship between paid and organic for your site and your business, you’re going to have to test into it.
  • 25. What is the value of your brand?
  • 26. SHS Repair Ad Brand 3 Ad SHS Repair Scheduler SHS Tech Completes repair Brand 3 Scheduler, schedules SHS Repair Test #1 – SHS Brand vs Brand 3
  • 27. Results  CTR on the ads were similar despite Brand 3 ad set to always bid below SHS brand ad  Cancel rate of those scheduling via the Brand 3 was significantly higher.  A significant number of those cancels occurred right after receiving the confirmation that SHS was going to complete the repair.
  • 28. Test #2 – SHS Brand vs Brand 3, fulfilled by Brand 2 SHS Repair Ad Brand 3 Ad SHS Repair Scheduler SHS Tech Completes repair Brand 3 Scheduler, schedules Brand 2 Repair Brand 2 Tech Completes repair
  • 29. Brand 2 one hour cancel rate was 8.6% less than the SHS brand one hour cancel rate.  Brand 2 overall cancel rate was 3% less than SHS brand Customers indifferent to Sears brand were far more sensitive to date. Results
  • 30. Validate your myths. What’s true for one persona or cohort may not be true for another.
  • 31. Q: What’s 20% Cooler? A: 20% more revenue per order. https://www.deviantart.com/missfluttershyshy/art/Rainbow-Dash-20-Percent-Cooler-451060106
  • 32. By removing all the 20% off offers, we: Lost some paid search CTR. Reduced the complexity for the technicians. Overall, no change in overall conversion. Improved the relationship between sales and marketing. $35k average per week revenue increase. Myth: We need to have an offer!
  • 33. The best solutions consider the entire ecosystem. Beware managing to a single channel KPI.
  • 34.
  • 36. The lesson learned? People don’t read the forms they are filling out. -_-
  • 38. There are no answers inside the building. Get out of the building. - Steve Blank
  • 39.
  • 40. In auditing reports for 1 business unit: 67 weekly reports 28 reports deprecated The rest were merged and updated. SO MANY HOURS SAVED!! Teams are better aligned around KPIs as there is a single source of truth.
  • 41. Inevitable Question: What is driving these numbers?
  • 42. Let the data tell the story
  • 43. Fighting arrogance, bureaucracy and complacency is a conscious effort.
  • 44. The initiatives you choose, the data you measure, the story you frame all contribute to the corporate psyche and mythology.
  • 45. Adaptive change comes from changing how the organization sees itself and/or what the organization believes.
  • 46. Radical organizational change is opportunity.
  • 47. What is your contribution?