Startups constantly think about what's next and sometimes forget to take time to test & iterate their current marketing strategy. This provides some insights to Betabrand's Champion/Challenger approach to test everything in the marketing funnel.
6. 6@macknuttie
TRAFFIC
Priority (nothing else matters if we
don’t have traffic)
TESTING
Have an always be testing approach
EMAIL
Email addresses are the currency of the
ecommerce world (2nd to revenue).
“Money later” (the 98%).
RETENTION
Getting the 2% to come back
4 Areas of Focus
7. 7@macknuttie
Our job is to attract the right type of people to our website and convince
them to buy/engage. That takes eyeballs!
Site visitors (traffic) all have potential to be messaged by Betabrand in some
form, we just need to get those people here!
Traffic is made up of site visitors coming from organic, referrals, ads, search
engines, and press!
None of our work matters if no
one shows up to the party.
Why Traffic Matters
9. 9@macknuttie
We optimize our business to the ~2% that take this
“happy path”.
Our job is to help increase the likelihood that any
one person is going to take this “happy path”.
What a very common “happy path” looks like..
The “Happy Path”
12. 12@macknuttie
I’m a smart marketer. Why test?
You don’t know the right answer, let your audiences
guide you.
Your customers don’t know what motivates them to
take an action (e.g. red vs. blue button)
Testing outcomes help you understand your customers
more deeply along with what might influence their
behavior in the future.
25. 25@macknuttie
Other testing successes- 1:1 Recommended Products
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