Posts Tagged ‘segmentation strategy’

Twitter Puts Your Segmentation Strategy on Steroids

By Jeanne Hurlbert, PhD

bigwave4There’s a hot new tool that offers HUGE opportunity to ramp up your marketing results, by linking social media with surveys.

Today, we’re going to fill you in on the new tool and show you EXACTLY how you can capitalize on it.

Pay close attention because this kind of geographic targeting promises to be the next big thing.

Here’s the scoop:  a small (1%) group of Twitter users now has access to a new service, Local Trends.  It’s a new twist on local search that lets you measure trending topics in a geographic area.

With this tool, you can do 2 very important things.  First, you can target your own area (appears you can change it when you travel).  So if you market locally, this gives you a huge opportunity, because you can

  • stay on top of hot topics in the local market and keep your brand in the conversation,
  • follow up on these topics in your surveys, to get more systematic information, and
  • use these topics in your marketing messages and offers.

The second function of Local Trends is where it really gets cool for those of us who market nationally or nternationally.  Local Trends lets you click on a list of cities and countries to find out what the trending topics are there.  Right now, the list is small, but you it will grow.

Once this list does grow, this gives you a HUGE opportunity to really increase your conversions.

We’ve told you for a while that segmenting your list and personalizing your offers could skyrocket your conversions but this can put it on steroids.

Here’s an example:  Let’s say you’re getting a lot of prospects and customers in Vancouver, BC.  With Local Trends, you could find out about issues, hot spots, trends, controversies—all sorts of things going on in Vancouver so that, when you send messages, offers, or invitations to your customers there, you can connect with them in a much more personal way.

How do you do that—how do you KNOW if a lot of prospects and customers come from Vancouver?  Use surveys.

Use super-short surveys of your prospects and put a customer profile survey in place, as we’ve been teaching you, and include location information in the data you collect.

As your database grows, look for cities, regions, areas where you have “clusters” of customers.

Where those segments are big enough, create a list segment.

Use Local Trends to periodically see what’s going on in that area, so you can use those trends in your messages to that segment.

It’s just as simple as that.  Location-based targeting, like Local Trends and Foursquare, is just the beginning, so stay tuned for updates and get ready to ride the next big wave.


Why Do People Visit Your Site?

Traffic is pretty much the “Holy Grail” of online marketing.  But traffic is useless if you can’t CONVERT it into SALES.

To do that, you not only need to know “who they are,” you need to know why they came.  Because if you give them what they came for, you increase dramatically the chances that they’ll buy.

Enter the “intent index,” which measures EXACTLY why people go online and gives us an awesome opportunity.

Here are some of the things the “intent index” tells us and what they mean for us, as online marketers:

  • People are more than twice as likely to go online to be entertained (82%) and to learn (88%) than to do business (39%) or to shop (31%).   Which means that if we entertain them, we increases the chances they’ll buy.  So try putting a quiz on your site–they’re fun and highly entertaining AND they educate people, which is why they can up conversions by as much as 80%!
  • At least 72% go online to find a community.  So give them one!  Give folks a chance to connect on your blog or in forums.  Better yet, create a special community for them by starting a membership site!  We have a survey template for creating a membership site to order, in our new product.
  • Seniors are a HUGE group that is increasingly going online.   Like younger visitors, they come online to have fun (82%) and to socialize (80%).    So you can expand your market by targeting quizzes SPECIFICALLY at senior prospects.

Increasingly, then, intent is a “new demographic.”

Do these statistics apply to YOUR customers and prospects? Do you know WHY people come to your site?

Find out!  Do surveys to find out why people are coming so you’ll know how to keep them coming back!

How Many Responses Do you Need for Survey Accuracy?

Many of you have asked us,

“how many people do you need for an accurate survey?”

The answer isn’t simple, but I can boil it down for you, with some basic principles that should meet the needs of most businesses.

First, what do you want to do with the data? What questions do you need to answer and how complex do you need to get?

  • For certain kinds of data analysis—for example, if you want to do complex analysis and “cut” the data lots of different ways–you need at least several hundred respondents.
  • If you just want to look at frequencies, though–in other words, if you just want to know how many people are interested in a particular product or service–100 or so might be enough.

Regardless of how many responses you get, the CRITICAL issue is representativeness.

  • That means that you hope the characteristics of the people who respond, as a group, “look” as much as possible like the people in your customer base, as a whole.
  • So you hope, for example, that you get roughly the same % of men or women that you have in the customer base, the same age distribution, and so on.
  • One of the things we’re going to do in our new membership site is show you how to get this.

Sometimes, though, you don’t want to know about EVERYONE. Instead, you really want to know about a particular group, or segment of our customer base.

  • Maybe you want to know if the frequent buyers are interested in a membership site.
  • In that case, if you’ve already segmented your list (using surveys and data from your shopping cart) to segment your list properly, you can go in and select that group, then send the survey invitation JUST to that group.
  • That’s just one of many reasons that segmentation is so powerful.

The bottom line? Anytime we do surveys, we want to get as high a percentage of customers as possible to respond.

And it comes back to the mantra we give you over and over: The best way to get good information from your customers is to show them “what’s in it for them.”

  • You do that by giving them an incentive to take the survey (a free report and a chance to win something cool, such as an iPod, for example) and by
  • showing them clearly, in the survey and the invitation, that we’ll use the information they give us to give them more value.

To get a quick, easy SYSTEM for doing surveys this way, go here.

How do I Get People to Take My Survey?

You’ve given us some AWESOME questions in response to our video offer and contest. (And if you haven’t put a question up yet, go here: http://www.siteproweb.com/survey-question to put a question up, get 20 free videos, AND a chance to win a cool prize!)

Several of you asked,

How can I get people to respond  to my survey?

That’s a REALLY important question, because it’s ABSOLUTELY CRITICAL to get as many responses as possible to a  survey.

Why?  Because it increases the chances that your sample–the group of people who respond–will be representative.

In other words, you want the people who respond to look as much as possible like your customer base as a whole.  The more responses you get, the better the chance that you represent your customer base well.

So how do you do that?

Some of the videos we’ve put up will give you some useful information about this, but here are some of the key things.

To get response:

1. First and foremost, you get response by showing your customers “what’s in it for them” in taking your survey. It needs to be ALL about them, so that they see why they should spend time and effort to give you information.

2. You do that in many ways, but 2 of the key ways are to (a) offer incentives for taking the survey (such as, everyone who takes it gets a free report AND a chance to win something cool, like an iPod) and (b) designing the survey so that it reads as if it’s about THEM, not about YOU and how YOU can make more money. If you do that, you WILL make more money, because you’ll get the information you need.

3. Write a good survey! If you learn how to write clear, effective questions, to make your survey a conversation, and to report results to your customers and show them how you’re using the data, they’ll learn over time that your surveys are worthwhile. That takes some skill, but you’ll be surprised how fast you can learn to do good surveys, particularly with the simple recipe we’ve put together.

4. Send multiple invitations to do the survey.

5. Show your customers how you put the information they give to work to give THEM more value.

There are just some of the techniques we’re teaching.  To get the whole system, go here.

Get a Sneak Peek at “Turn Surveys Into Cash”

Here’s the “Quick Start Guide” that we’re including with our new product. It will give you a great overview of the awesome system that will let you put surveys to work making money for your business, with a minimal investment of time and money.  To get the system, go here.