Posts Tagged ‘Qualified Prospects’

Do You Need To Be No.1 In The Search Engines To Attract Your Most Qualified Prospects?

Tuesday, October 21st, 2008

Could it be that we don’t really need to get the first spot on the search engine results pages (SERPs) in order to attract our most qualified prospects i.e. the supposed 20 percent of prospects who generate 80 percent of sales?

Well, some research from MarketingSherpa indicates there might be some truth in this…

In a recent study, MarketingSherpa found that certain kinds of search engine users are prepared to wade through more SERPs than one might normally expect. It found that among industrial engineers:

  • 14 percent just looked at the first few results on the first page of results;
  • 39 percent looked at the first page of results;
  • 10 percent stopped looking after the second page of results; and
  • 37 percent looked through more than two pages of results.

MarketingSherpa reckons these findings would be typical of niche searchers. Presumably, anyone highly motivated to find uncommon (i.e. niche) information is more inclined to look through more pages of results than other kinds of searchers.

Given that search engine optimization (SEO) - like anything - comes at a cost, it *may* follow that at a certain point it may no longer be cost-effective to keep striving to become number in the SERPs, simply because niche prospects are prepared to look through more results anyway.

Maybe…

Source: MarketingSherpa, “New Chart: Optimize All Your Web Pages For Niche Searchers Seeking Relevant Results”, MarketingSherpa, October 14, 2008

The Dirty Little Truth About Name Squeeze Pages

Tuesday, July 29th, 2008

Before we get started, you may be wondering… what’s a “name squeeze” page?

Also known as a “forced optin” page or simply a “squeeze” page, a “name squeeze” webpage or website is simply a site where the visitor must enter their name and email address (and possibly other details) in order to “enter” the site.

Now, why on earth would anyone effectively say to a visitor:

“You can only come in if you give me your name and email address!”

Wouldn’t that turn most visitors away?

Actually - depending on the site in question - the answer is:

“Not necessarily.”

Now before I go further, let me explain the dirty little truth that many name squeeze advocates seem to conveniently ignore.

(And the irony is that I know of at least three high profile “name squeeze” zealots who do NOT use name squeeze pages on several of their key websites!)

The dirty little truth is that name squeeze pages are NOT necessarily the best way to enlist the MOST QUALIFIED prospects into your sales funnel. This depends on a number of things, but in particular:

  • Your target market - where are they coming from, what are they looking for, are they ready to buy now?
  • Your product or service

We have tested requiring prospects to enter a given site via a name squeeze page versus allowing them full access to the site before inviting them to sign up for something.

In several instances, we received fewer subscribers… but MORE sales from a site WITHOUT a name squeeze page.

Also, remember that the effectiveness of certain tactics - such as name squeeze pages - changes over time. Especially as more marketers use them (and certain types of marketers use them) which can detract or enhance their effectiveness.

Having said that, in some cases name squeeze pages continue to be the most effective way of generating sales. If prospects are more likely to buy if the marketer builds a relationship with them via ongoing email communications (rather than simply presenting an offer upfront) then “forcing” prospects to join an email list may be optimal.

In fact, there are two specific cases where it might be best to use a name squeeze page. Where:

1. Relationship Building Is Required

With target markets that are likely to be more (or only) responsive based on having a positive relationship with the marketer, the main aim should be to get them onto a list. This enables you to build that relationship via ongoing email communications.

Forcing prospects to provide their name and email address before seeing any of your content is based on the idea that you’ll get more of your website visitors opting in to your list than otherwise.

A good name squeeze page may deliver an optin conversion rate of 20 percent, 30 percent, 40 percent, 50 percent or higher, depending on where the traffic derives. (Note that 20 percent of search engine traffic may be just as good as 50 percent of traffic from an endorsed mailing).

That’s a significant percentage of visitors you can now communicate with, build a relationship with, and sell products or services to - not just once, but again and again.

One major caveat though: it doesn’t necessarily follow that getting more optins via a name squeeze page will get you more QUALIFIED optins than if you allowed free access to your site and encouraged people to join your list by other means.

2. You Don’t Have a Product or Service Yet

Another reason why you might use a name squeeze approach is where you haven’t yet got a product or service to sell.

By emailing your prospects on a regular basis, you get to build both a list and a positive relationship with your subscribers, so that by the time you do have a product or service, they are more likely to buy from you.

One final point about name squeeze pages. They only work if you offer something people are willing to trade their name and email address for! The greater the perceived value, the more - and more qualified - subscribers will likely sign up.

Of course, the best way to test whether or not a name squeeze approach is the most profitable is to test each approach.

Digg Recommends You Read This…

Wednesday, July 9th, 2008

The word is that Digg will soon be introducing a “Recommendation Engine” to suggest new stories to users based on their interests and preferences.

TechCrunch – which has obtained access to leaked screen shots of the engine – reports that recommendations of upcoming stories will be made to you (as a user of Digg) based on diggs from other users who tend to vote in a similar way to you.

You will be able to see just how like-minded you and these other users are by having access to a chart that shows various “compatibility” percentages. By clicking on any of these other users you’ll be able to see the overlap between what they’ve voted on in the last 30 days and what you’ve voted on. You’ll also be able to sort the recommended stories based on most diggs, most matches, and most recent. And yes, you’ll also be able to remove users if you don’t want to receive recommendations based on their voting behavior.

From a user’s point of view, and assuming it matches up to its promise, I think the Recommendation Engine will be a fantastic addition to Digg. From a marketer’s point of view, I am also in favor…

On the one hand, the Recommendation Engine may limit your ability to get new marketing news stories out to Digg users who have shown no previous interest in your kind of news stories… on the other hand, you’re more likely to get your news out to exactly those people who ARE interested in what you have to say. On balance, it seems to sit well with the idea of getting your message out to your most qualified prospects.

Source: Michael Arrington, “Leaked Screen Shots Of Mythical Digg Recommendation Engine”, TechCrunch, June 30, 2008