Publisher Missteps Undermine Online Subscription

Subscription marketing is a goal for most B2B and B2C publishers, but a recent Publishing Executive (PE) magazine article warns that publishers' common online errors are undermining circulation marketing investments. Access to premium content should be online but limited to subscribers, urges PE author Eric Shanfelt, founding partner of eMedia Strategist. After all, why subscribe if you can go to the website and see all content for free? Unfortunately, some publishers are so baffled by the technology of locking down content as subscriber-only that they don't even put their premium content online--losing a big selling point with digital traffic. Others are worried about reducing Google search traffic or ad impression dollars by limiting content access but not factoring in the cost of lost subscribers, argues Shanfelt. For success with subscriber-only premium content, the website must then prominently promote that premium content and its subscriber-only status via clear incentives and calls-to-action. A website or mobile subscription page should not be just an order form, Shanfelt advises. Remember that most people who visit a subscription page are just considering subscribing. They need to be sold. Visitors should clearly see the benefits of subscribing and what they get. Plus the page should generate a sense of urgency to sign up and use FOMO (fear of missing out) to push orders. Equally important, the subscription process should be quick and easy. Make the subscription link easy to see and navigation simple by putting an obvious menu item and widget on every website page, with a link directly to a single-page subscription form, not a multi-step process. And finally, make sure the subscription page is not only secure but loads quickly on desktop or mobile. If it doesn’t load in 2-3 seconds, up to 50% of potential subscribers could be lost, warns Shanfelt. In order to test and adjust marketing tactics, online subscription and confirmation pages should use Google Analytics to see how people get to subscription pages and how well they convert from different sources. Subscription/confirmation pages should also use tracking pixels from Facebook, Google, Bing and other digital sources, as well as from customer data platforms and e-mail systems. More important, circulation data needs to be integrated with the website subscription pages. If the website is synchronized with the circulation system, people can log into the site by authenticating against subscriber data to get access to premium content, for example. Integration also allows for conditional content blocks in follow-up e-mails to upsell non-subscriber leads and a sync of subscriber lists with programmatic ad networks. See the full post at http://www.acculistusa.com/publisher-mistakes-undermine-online-subscription-efforts/

At Year-end, Check KPIs to Gird 2018 Marketing

The busy year-end holiday season, especially for fundraisers and retailers, should not distract direct marketers from the working on the analytics they need to finalize next year’s marketing plans and ROI. Marketing ROI is about effective spending and requires tracking results by channel and campaign. KPIs use actual annual outlay for direct mail marketing (lists, print, lettershop, creative, postage), digital marketing (e-mail, SEO/SEM, landing pages, social media and creative), as well as spending on PR/events/content marketing. Marketers must keep a tally of the number of outbound leads attributed to direct mail or e-mail campaigns, as well as the inbound leads generated by efforts such as SEO, blog content or PR. Then a cost per lead acquired (CPL) can be calculated by dividing annual expenditure by the number of leads generated. Since the ultimate goal is sales not merely leads, the percentage of leads that become paying customers and the dollar sales per lead are key measures. Beyond general performance, marketers should use measurement to fine-tune future plans and budgets. This means identifying the response rates and conversion rates for each channel, for each direct mail and digital campaign, and for tests of creative, timing, frequency, lists and segments. Performance rates should be measured not only for campaigns to acquire new leads/customers but also targeting of existing customers and reactivation of dormant customers. Website traffic reports from Google Analytics can not only show online ad and SEM effectiveness but also track spikes around direct mail or e-mail promotions to give a fuller picture of response. A simple ratio of the return on marketing investment can be calculated by adding up incremental sales from marketing and subtracting marketing amount spent, and then dividing the result by amount spent on marketing. But remember that a focus on annual or campaign results can be myopic since these do not necessarily deliver long-term growth. Marketers need to look at customer and prospect databases to make sure they are growing year-over-year. Because acquiring a single sale per lead also is less profitable long-term than acquiring a repeat customer, average customer lifetime value is vital and calculated by multiplying average dollar sale per customer by the average number of purchases per year and the average retention time in years. For a helpful KPI checklist from Digital Dog Direct, see http://www.acculistusa.com/use-key-direct-marketing-kpis-to-gird-2018-plans/

Merry Marketing! 3 Easy Competitive Analysis Tools

Here are three great gifts to add to marketers' end-of-year shopping. Recommended in a Business2Community post from digital marketing author and consultant Warren Knight, these simple tools analyze competitors' digital doings to help marketers get ahead of the pack--or at least stay in the online race. For example, SpyFu allows for easy research of competitors' most profitable keywords. On the SpyFu homepage, you can simply type in a competitor's url and then select "paid keywords" or "organic search" to find out competitor keyword strategy--and even export that research as a CSV or PDF file. With the average B2B marketer earning 67% more leads by blogging than do non-bloggers, digital content is another key element of competitive intelligence. To evaluate content effectiveness, including blog efforts, try QuickSprout, which also checks on traffic scores, SEO scores and social media performance. Finally, Alexa is a must for the competitive-intelligence toolbox. Alexa provides comparative insight on websites in terms of user profile, monthly page views, unique visits, time on site, bounce rate, and site behavior/conversions, as well as search rankings, keywords and links. Knight touts Alexa as a boon for any digital marketer, business owner or content manager. For more info, go to
http://www.business2community.com/marketing/tech-tuesday-3-simple-tools-analyze-competitors