{"id":40684,"date":"2016-05-18T15:32:58","date_gmt":"2016-05-18T22:32:58","guid":{"rendered":"http:\/\/www.bruceclay.com\/blog\/?p=40684"},"modified":"2023-03-30T11:44:11","modified_gmt":"2023-03-30T18:44:11","slug":"larry-kim-magnify-cro-with-search-and-social","status":"publish","type":"post","link":"https:\/\/www.bruceclay.com\/blog\/larry-kim-magnify-cro-with-search-and-social\/","title":{"rendered":"4 Ridiculously Awesome Ways Search & Social Ads Magnify CRO by 3-5X #ConvCon"},"content":{"rendered":"
You\u2019re tuned in to Conversion Conference. Larry Kim<\/a>, founder of WordStream and 2015 Search Personality of the Year, explains the situation. A diabolical villain has abducted our conversions. Our boss at the impossible mission force (IMF) is trying to frame us. Larry’s going to help us avoid danger and get the conversions BACK!<\/p>\n <\/a><\/p>\n He\u2019s done this test thousands of times for hundreds of customers. The early lead disappears and the gains don\u2019t persist over time. The reason is that the reason it worked was because it was new and exciting and then eventually it\u2019s not exciting.<\/p>\n Small changes usually result in small changes.<\/p>\n You might have more leads but it takes more time to figure out if they\u2019re any good.<\/p>\n Everyone is doing all this A\/B testing, why isn\u2019t the average going up?<\/p>\n What is needed are new CRO weapons and strategies. <\/em><\/p>\n Use PPC weapons:<\/p>\n <\/a><\/p>\n In addition to the focus on landing pages, there should be an equal or greater focus on up-stream activities.<\/p>\n Larry will equip us with the weapons of success for this impossible mission. Larry\u2019s background is in electrical engineering. He\u2019s also got an impossibly adorable 2-year-old #ppckid.<\/p>\n Generally, the higher the click-through rate, the higher the conversion rate. If you can get people excited to click, you can get the conversion.<\/p>\n What\u2019s the big difference between click-through rate and conversion rate? A conversion rate is biased. You must use CTR to figure out if your offer sucks or not.<\/p>\n How to write unicorn ads: the top 1% of ads based on CTR (like 20-40% CTR)<\/p>\n He built a program to detect what these ads are and what the qualities are:<\/p>\n Here\u2019s an example ad that is a unicorn:<\/p>\n <\/a><\/p>\n Key takeaway: Ad CTR tells you if people are into your offers or not.<\/strong><\/p>\n Greater brand exposure dramatically increase conversion rates. Users may be less inclined to click on an ad that is following them around BUT if they do click on it, they\u2019re highly likely to convert. With precise ad targeting, you can boost engagement rate. Refine ad targeting for specific purchasing behavior:<\/p>\n Larry thinks demographic ad targeting in Facebook is like super remarketing. You\u2019re targeting people who visited your site and also are in your target audience. Behold the power of super-remarketing on Facebook & Twitter:<\/p>\n Super remarketing allows you to target a narrow audience that meets all three of the above criteria … resulting in $$$.<\/p>\n \u201cWell Larry, how do I know who my target market is?\u201d Use Facebook Audience Insights to determine target market. Upload your best customer emails and Facebook will analyze your audience for you.<\/p>\n Remarketing lists for search ads = Google search ads shown only to people who recently visited your site.<\/p>\n Target search ads only to people who recently visited your site. Users visit yoru site, get added to your remarkeitng lists. Show them customized ads when they search on Google. People familiar with your brand are 2-3x more likely to convert than people not familiar with your brand.<\/p>\n You can also target by email. Email audience targeting = 10X CTR vs. generically targeted keywords.<\/p>\n <\/a><\/p>\n The greatest strength of RLSA is that you\u2019re cherry-picking the awesome cheap conversions. The drawback is that you\u2019re not targeting all the other people who aren\u2019t familiar with your brand. How do you solve the problem of getting conversions for cheap and lots of them? Social media ads!<\/p>\n How advertising REALLY works:<\/p>\n We like RLSA because conversions were cheap but we couldn\u2019t reach enough people.<\/p>\n We want:<\/p>\n Video ads provide both!<\/p>\n LovePop Cards did a video ad to remarket to people who visited their site. It\u2019s saturated with product and color and movement and leverages emotional triggers.<\/p>\n Here\u2019s Larry\u2019s video ad targeting stack:<\/p>\n <\/a><\/p>\n This is a new ad format that lets people sign up with stuff on mobile with one button tap. There\u2019s only one field needed, email. What this does is eliminate the landing page<\/em> \u2014 the biggest bottleneck in the funnel.<\/p>\n Email unlocks over 10k interests, demographics and behaviors. The email that gets sent to you is their Facebook login email which allows you infinite ad segmentations. <\/em><\/p>\n You have to pay money to target these people, but it\u2019s like $3 or $4 for thousands of impressions.<\/p>\n WordStream changed their offer from a free trial to a free AdWords performance grader. There\u2019s big and little changes. If you only think of the on-page elements, you\u2019re taking your current offer and finding a local maximum. It might be better to throw out your current offer and find a different, completely different offer. PPC gives you the perspective of different data to find out how your offer is resonating in the world.<\/p>\n There\u2019s tons of leverage around higher in the funnel. A lot of the tools Larry shared here have only been around for 18 or 24 months. We get to adjust!<\/p>\n Subscribe to the blog to get all the news coming out of Conversion Conference 2016!<\/strong><\/p>\n <\/a><\/p>\n","protected":false},"excerpt":{"rendered":" You\u2019re tuned in to Conversion Conference. Larry Kim, founder of WordStream and 2015 Search Personality of the Year, is explaining the situation. A diabolical villain has abducted our conversions and Larry is going to teach us how to bring the conversions back<\/a>!<\/p>\n","protected":false},"author":38,"featured_media":40700,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[11,4],"tags":[1326,398,39,114],"acf":[],"yoast_head":"Larry\u2019s A\/B #1 Testing Epiphany: The Great A\/B Test Is a Fairy Tale<\/h2>\n
Larry\u2019s #2 A\/B Testing Epiphany: There\u2019s a Confirmation Bias<\/h2>\n
Larry\u2019s #3 A\/B Testing Epiphany: CRO Just Increases Quantity of Leads at the Expense of Quality (in Lead Gen)<\/h2>\n
Larry\u2019s #4 A\/B Testing Epiphany: Average Conversion Rates Are Low and Haven\u2019t Changed Much in Years<\/h2>\n
Larry\u2019s #5 Crazy PPC CRO Hack: Focus on the Click-Through Rates<\/h2>\n
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Larry\u2019s #4 Crazy PPC CRO Hack: Remarketing on Google Display Network and Facebook Ads<\/h2>\n
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Larry\u2019s #3 Crazy PPC CRO Hack: Remarketing Lists for Search Ads (RLSA)<\/h2>\n
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Larry\u2019s #2 Crazy PPC CRO Hack: Video Ads on Facebook<\/h2>\n
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Larry\u2019s #1 Crazy PPC CRO Hack: Lead Ads on Facebook<\/h2>\n
Larry\u2019s Bonus Hack: Change Your Offer in a Big Way<\/h2>\n
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