Monday 2 December 2013

[Build Backlinks Online] Treat Your Channels like a Soccer Team

Build Backlinks Online has posted a new item, 'Treat Your Channels like a Soccer
Team'

Posted by CraigBradford
If you're like a lot of people (myself included) it's very easy to go into an
analytics package and focus only on conversion rate. We look at reports like the
one below and make short-sighted decisions:




Looking at only the information above, we might decide that "Organic Search"
is a bad channel. Making decisions on how successful a channel is based only on
conversion rate is short-sighted and will cost you money. Instead, I urge you to
think of your channels like a soccer team.


A sensible soccer formation looks something like the image below:




You have one goalkeeper, defenders, midfielders and attackers. You would never
think of creating a team of only 11 strikers. But that's exactly what we do with
our channels all the time. We create a team that looks like this:




We have a team of channels that are all being graded on their ability to
"score goals"âplease don't make this mistake. I'm okay with the fact that
some of my channels have a low "e-commerce" conversion rate; that may not be
what they're designed to do.

Channels aren't binary

The one thing that I want you to take from this blog post is that channels are
not binary. It isn't that they either drive sales or do nothing; there's lot's
of value in between if you know what to look for.


In a report "The Customer Journey to Online Purchase" Google showed this to be
the case by looking at the relationship that each channel is likely to play in
the customer journey. The idea is to show on a very simple scale whether a
channel plays an "awareness role" or more of a "decision making" role.This is an
interactive piece so please have a look and play around in it. You can segment
by industry or by country.




Let's take the US market as an example:

US â All Industries



It shows that in general, Display and Social are more of awareness channels,
while Organic search and Paid search tend to be last interaction/decision making
channels. I'm not surprised by that, but if that's trueâif social is best
used as a tool for driving awareness of my brandâwhy would I ever use
e-commerce conversion rate as a metric of success? The answer, of course, is
that I shouldn't. Better metrics would perhaps be things like:



How many new visitors did social bring this month?




Brand awareness - how many people have heard of my business?




How many people interacted with my brand in some way?



These are just a couple of examples, but if you want more specifics I
recommend you read this post by Hannah Smith on the Distilled Blog: Calculating
ROI from Social Media - Problems, Pitfalls & Breaking all the thingsâ


If you dig a little further, it gets more interesting. Let's look at the
health industry in particular:

US â Health



Social is still an awareness channel, but look at display. It's now playing
more of a decision-making role. Email has also moved from an awareness role to a
decision-making role.

So what does this mean?

The data above shows that different channels play different roles depending on
country and industry, so don't assume anything. Don't assume that social will be
an awareness channel, don't assume that email will be a decision making channel,
and whatever you do, don't assume that all channels are designed to only drive
sales. Next time you're accessing your channels, try two things:

1. Assign attributes to channels

As mentioned above, not all channels have the same strengths, but that's okay
as long as they are pulling their weight somewhere else. To see if that's the
case, try assigning them some attributes other than sales. Avinash Kaushik gave
an excellent presentation at MozCon 2013 (if you weren't there, the video can be
purchased from Moz), in which he said that channels should solve for performance
and relationships. This is shown in the table below (the example is for
ModCloth):




As you can see, if we were to only solve for the line with red text ("Orders")
we would ignore all of the other good that some channels are doing. Social, in
this example, is terrible at everything except "Be the Buyer." I encourage you
to do the same for your channels; add in all the metrics that are important for
relationship-building, not just sales, and take a step back to see what else
your channels might be contributing to that isn't immediately obvious when you
simply look at sales.

Create SMART goals

Just about anyone who's ever read about goal-setting will have seen the theory
of creating SMART goals:






I think most people are good at thinking about goals that are specific,
attainable, and realistic. We think we're good at measurable, and we seem to
often forget about time-bound. Since the rest could easily be a post on their
own, I'll just focus on time-bound here.


When we look at tables like the one below, If we are going to make bad
decisions like declaring channels "good" or "bad" from just one metric, at least
remember to consider time.




If we say organic search is a bad channel, what you actually mean is organic
is a bad channel at driving sales in the last X days. That's an important
difference, because it has an impact on where the channel is placed on the scale
of "awareness" to "decision-making."

In summary
Build a team of channels, not just strikers.
Don't assume channels work in the same way across all markets.
Assign attributes to channels (performance- and relationship-based).
Remember to create time-bound goals.
Let me know what you think in the comments.
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