How to Raise Demand Throughout (very) Long Food Chains Karen Breen Vogel, President/CEO ClearGauge Tuesday, October 24, 2006 More data on this topic available from:: © 2006 MarketingSherpa, Inc. This presentation is not for distribution. Thank you. 1 Buy Cycle “Food Chain” Influencers Message Performance “Performance Ingredient Ingredient” Distributor Product Converter Manufacturer Distributor Message Influencers Consumer End-User After Market Internet’s Value in the Food Chain Proactively send and receive messages at all points of the food chain – from manufacturers to distributors to influencers to end users – to connect understandings across the chain. Drive “ingredient” change, enhancements, and discover new uses. Interactive comparison and two-way dialogue. Proactively listen in on conversations on the internet and take action based on those findings. Influence price and demand based on positive knowledge gained through end-user feedback about ingredient performance superiority and key differentiating factors. Product-Centric & Customer-Centric Sites Product-centric sites… Customer-centric sites… List product features Discuss benefits and solutions Talk about why they think they’re great Include case studies and testimonials in their customers’ own words Structure their site by product lines Structure their site by prospect need and/or application Use internal lingo Write in language visitors understand and can relate to Provide only a basic “Contact Us” page Offer multiple ways for prospects to interact with them, at various stages of the buy cycle Communicate in one direction only Facilitate a dialogue – between prospect and company, and increasingly among users Process of Website Renovation & Continuous Improvement Phase I: Initial Site Renovation ProductCentric Site (v1.0) Identify Key Segments & Pain Points Develop User-Relevant Content Implement Initial Site Changes Establish KPIs & Metrics for Success Web Analytics Phase II: Continuous Site Improvement CustomerCentric Site (v2.1, 2.2, etc.) Usability Testing Web Analytics CustomerCentric Site (v2.0) Online Surveys Online Focus Groups Landing Page Optimization Thank you Karen Breen Vogel ClearGauge karen.breenvogel@cleargauge.com (312) 423-7616 More data on this topic available from:: © 2006 MarketingSherpa, Inc. This presentation is not for distribution. Thank you.6 How to Raise Demand Throughout (very) Long Food Chains Holly LaRose-Roenicke, Business Communication Manager The Dow Chemical Company Tuesday, October 24, 2006 More data on this topic available from:: © 2006 MarketingSherpa, Inc. This presentation is not for distribution. Thank you. 7 About Dow Dow’s Mission To constantly improve what is essential to human progress by mastering science and technology. Dow’s Vision To be the largest, most profitable, most respected chemical company in the world. Dow UCONTM “Performance Ingredient” UCONTM • High performance specialty fluids and lubricants • Outperform petroleum, animal, and vegetable oils Key Differentiator • Sold as a synthetic base stock that can be controlled and varied to achieve a level of performance not possible with natural oils and lubricants UCONTM Applications: • Hydraulic fluids to quenchants • Machinery, gear and bearing lubricants to compressor lubricants UCONTM Food Chain Channels and Roles Channel Role Raw Material Supplier Base Stocks Base Stock Manufacturing Formulators and Blenders Perform tests to receive OEM support Reseller/Distributor Supply products to local plants/end user OEM Manufactures Equipment End User User of fluid in equipment UCONTM Food Chain • Dow participates as both a synthetic base stock producer and formulator in the chain. OEM Institutional End User Chemical Synthetic Base Stock Producers Lubricant Formulators Additive Supplier Databases Industrial End User Marketers Retail Consumer Jobbers/Local Distributors Message Message Mineral Base Oil Refiners Internet’s Value to UCONTM Food Chain • Only channel that creates a two-way exchange between UCONTM and end-user and all points in between. • Internet creates the ability to discover new uses and applications for UCONTM fluids and lubricants and base stocks. • Benchmarking against key competitors. • Emergence of online databases allows for an interactive comparison UCONTM and competing ingredients. • Ability to actively engage all parts of the food chain, provide relevant messaging, and measure activities. Case Study: UCONTM Program Overview Program Goal • Create customer-centricity on the UCONTM website and tactics to recruit and qualify prospects. UCONTM’s Objective • Drive more qualified leads through online lead generation tactics to support overarching annual and long-term revenue goals. UCONTM Program Demand Tactics Paid Search Marketing • • • • Keyword research and selection Search Engine Selection and Placement Relevant, timely messaging Optimization Non-Search Media • • • Relevant, targeted online media venues Timely placements and messages Awareness building to all parts of chain UCONTM Paid Search Engine Marketing Keyword List Selection Strategy • Selection of key words that encompassed all points of the buy cycle and were meaningful to all parts of the food chain. UCONTM Awareness Purchase Buy Cycle Desire Consideration Keywords OEM Additive Supplier Institutional End User Lubricant Formulators Industrial End User Marketers Consumer End User Jobbers/Local Distributors UCONTM Vertical and Horizontal Search “Biolubricant” ranked first on both Business.com and Google. Preliminary Results Page Views by Campaign • Early analysis showed that UCONTM was not reaching their entire market. Expanded search program globally to reach more of their relevant prospect base. • Ongoing analysis of keyword terms and search venue to determine best performing terms and placements to allow for greater program optimization. Business .com Yahoo Google US Google China Google Japan Google Korea Total Page Views 3,160 4,912 5,256 633 122 75 14,158 Cost $1,995 $2,015 $2,010 $1,631 $702 $145 $8,498 CPPV $0.63 $0.41 $0.38 $2.58 $5.75 $1.93 $0.60 Google China Google Japan Google Korea Total Clickthroughs by Campaign Business .com Business .com Yahoo Google US Clicks 1,723 3,395 2,920 473 104 51 8,666 CPC $1.16 $0.59 $0.69 $3.45 $6.75 $2.85 $0.98 Visits by Campaign Business .com Yahoo Google US Google China Google Japan Google Korea Total Visits 1,279 2,719 2,335 447 96 44 6,920 CPV $1.56 $0.74 $0.86 $1.57 $7.31 $3.30 $1.23 Visits Entered Highly Valued Activity (HVA) Forms Request a Sample How to Purchase General Information Total 17 43 69 129 Visits Completed Highly Valued Activity Forms Request a Sample How to Purchase General Information Total 4 3 2 9 Venue Entered HVA Completed HVA Conversion Rate Business.com 52 4 7.69% Google US 36 2 5.56% Google China 2 0 0.00% Google Japan 0 0 0.00% Google Korea 0 0 0.00% Yahoo! 31 3 9.68% Other 8 0 0.00% Thank you More data on this topic available from:: Holly LaRose-Roenicke The Dow Chemical Company hmlarose-roenicke@dow.com (989) 638-7703 © 2006 MarketingSherpa, Inc. This presentation is not for distribution. Thank you.18 DuPont and E-Business GARY SPANGLER E-Business Leader Electronic & Communications Technology Tuesday, October 24, 2006 More data on this topic available from:: © 2006 MarketingSherpa, Inc. This presentation is not for distribution. Thank you. 19 20 About DuPont $26.6 Billion Revenue in 2005. Our Vision To be the world's most dynamic science company, creating sustainable solutions essential to a better, safer and healthier life for people everywhere. Our Mission To achieve sustainable growth, which is defined as increasing shareholder and societal value while decreasing the company's environmental footprint. DuPont Safety & Protection DuPont Electronic & Communication Technologies DuPont Performance Materials DuPont Coatings & Color Technologies DuPont Agriculture & Nutrition DuPont Bio-Based Materials 21 E-Marketing Essentials Attracting inquiries and generating qualified leads. Engaging prospects through online interaction (calls to action) that solves problems and stimulates possibilities. Nurturing prospects and customers through permission and opt-in. Activating promoters. Web as Marketing Anchor 22 DuPont - Limited Combustible Cables “Performance Ingredient” – Certified Limited Cables Data communications cables that significantly reduce the amount of smoke. Key Differentiator The only data communications cabling available that can reduce the amount of smoke by up to 20 times less in the event of a fire. 23 DuPont LCC Food Chain h DuPont LCC DuPont LCC Regulators Cable Manufacturer Converter Regulators Target Specifiers Distributor/ Marketers Healthcare End User Educational End User Financial End User Message Message Target Specifiers 24 Internet Value: Reaching Out to Conversationalists Monitor online conversations Good and Bad Share of Voice Create website content and landing pages which addresses online discussions. Create SEM initiative inviting visitors to your content through relevant keywords. Use advertising to address conversation (influencer) interests. A A Sentiment MotiveMetersm Love 30000 Happy 25000 Excited 20000 Relaxed Anticipation 15000 10000 5000 W orried Inspired 0 M Offer opt-ins (email and RSS). Stressed Frustrated Sadness Angry Hate Add voice to the conversation. Motive Quest, www.motivequest.com 25 Interactive Relationships: Inquiry to Close E-Marketing Invitation (E.g. Search Engine Marketing) Nurture Relationship E-Mail Marketing Personnel Personnel Personnel e Website “Self Service” Call Center Inside Sales Customer Service Technical Service Opportunity Management Sales and Technical Nurture Relationship E-Mail Marketing Personnel 26 Importance of Search 84% of adult Internet users have used search engines to help them find information. Different parts of the food chain actively use search engines to find solutions to a pain point, creating an opportunity for “performance ingredient” manufacturers to actively message to their needs . The best marketers understand how to reach the different parts of the food chain using search. Source:WOMMA Wombat 2, San Francisco, 2006, converseon.com 27 Dupont LCC 2005 Pilot Long List of Keywords • Problems and Products • 565 for Cabling Targeted Invitation (message and audiences) Relevant Web Landing Pages Specific and Measurable Calls to Action Opt-in for Permission-based E-Mail Nurturing 28 LCC Pilot 2005 - Increase Interest 4X Increase in Online Inquiries Volume of Inquiries • 80% to phone vs. form Learning 29 Cost Vs. Traditional Marketing Relative Cost for Marketing Channels Online Vs. • Print Ad • Trade Show Trade Ad Online Trade Show 30 Dupont LCC 2006 Program Focus on Dupont LCC Abandoned Cable Service offering • Bldg. Owners • Commercial Property Mgnt Generate Leads for Audit • Website Revamp for Abandoned Cable specific content and offers • Revised Keyword Strategy • SEO/PPC Search Programs • Vertical Online Media • More Robust Tracking/Reporting/KPI • Email program to Opt-in List 31 Dupont LCC 2006 Program Keywords Metrics Funnel Audience Landing Page Site Optimization E-Mail Nurturing Calls to Action, Highly Valued Activities Metrics Tied to Sales (Proxy metric) $ 32 33 Example Offer Map/Decision Tree 34 August 2006 Clickthroughs by Campaign Paid Search Conversions Business.com Google Non-Search Media Yahoo! American School & Hospitality (FacMgmnt) Email Buildings.com Building Ops (BLDG) Mgmt (BOM) CIRE Today's Lower Your Nat'l Safety Facility Mgr Liability Month (TFM) Opt-in Welcome Abandoned Cable Promo Clickthroughs 301 6,248 3,516 13 190 190 18 38 0 3 1 204 Engine 243 6,612 3,039 NA NA NA NA NA NA NA NA NA Difference -58 364 -477 NA NA NA NA NA NA NA NA NA Cost $354 $3,183 $1,132 $900 $3,210 $2,962 $495 $2,300 $0 $0 $0 $700 CPC $1.17 $0.51 $0.32 $69.23 $16.90 $15.59 $27.50 $60.53 $0.00 $0.00 $0.00 $3.43 Opt-in Welcome Abandoned Cable Promo Visits by Campaign 84.19% Clicks CPV American School & Hospitality (FacMgmnt) Buildings.com Building Ops (BLDG) Mgmt (BOM) CIRE Today's Lower Your Nat'l Safety Facility Mgr Liability Month (TFM) Business.com Google Yahoo! 250 5,332 2,918 5 157 163 18 25 0 4 1 154 $1.41 $0.60 $0.39 $180.00 $20.45 $18.17 $27.50 $92.00 $0.00 $0.00 $0.00 $4.55 Visits Entered Highly Valued Activity (HVA) Forms 2.63% Abandoned Burn Video Cable Opt In Registration Visits Conversion Contact Us Request an Assessment Total 2 NA 93 142 237 0.02% NA 1.03% 1.57% 2.63% Visits Completed Highly Valued Activity Forms 10.13% Abandoned Burn Video Cable Opt In Registration Visits Conversion Contact Us Request Assessment Total 1 NA 14 9 24 50.00% NA 15.05% 6.34% 10.13% Cost per Weighted Business Value Point May-August, 2006 Media spend divided by points equals the cost per business value point (overall weighted pipeline creation). 35 36 Observations & Recommendations Baseline established; seasonal adjustments may be necessary Search Media – lowest cost traffic Non-search media more costly but offers awareness Opt-in email best conversion rate of all contact forms on site Recommendations: • Optimize online media to increase efficiency • Increase opt-ins/develop e-alerts Conversion Rate improvement needed • Improve “Request an Assessment” conversion • Prominence of offer • Landing Page isolation • Example assessment screenshot • Less contact info required • Consider discount or other incentive • SEO – Expand terms for better match to search volumes Thank you Gary Spangler DuPont gary.spangler@usa.dupont.com (302) 999-2670 More data on this topic available from:: © 2006 MarketingSherpa, Inc. This presentation is not for distribution. Thank you.37