Month: May 2017

Top Email Marketing Strategies for B2B Companies

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Editor's Note: Samantha Prowell is a marketing strategist and educator, who joins us today to explain how and why B2B businesses should employ email marketing strategies.

 

In recent times, B2B marketers have focused on reaching new customers through blogs and social media. While these are excellent strategies, email marketing is still a cost-effective and highly profitable way to generate leads and build long-term relationships with clients. A smartly designed email marketing campaign can help you to engage in sales talk with your promising leads and connect more closely with your most valuable clients.

In this article, we will discuss specific ways in which email marketing can benefit your B2B company, and the best strategies for implementing an email marketing strategy into your workflow. Let’s get started -

How Email Marketing Can Benefit Your B2B Company

Let’s discuss why your organization should focus on implementing effective B2B email marketing strategies.

Take a look at these stats on email marketing to understand our point:

  • According to Experian, if you invest $1 on email marketing you get an average return of $44.25.
  • ExactTarget indicates that 77% of customers will give permission to receive marketing content via email.
  • Earnest Agency states that 72% of B2B purchasers share relevant content using email.

These stats demonstrate that email marketing remains a very effective strategy, and prospects respond well to the personalized nature of promotional emails. A properly executed strategy can help B2B companies:

  • Improve engagement and interest from prospects
  • Get more leads and sign-ups from interested parties
  • Boost the conversion rate of your sales funnel, and finally
  • rake in more dollars.

Put simply, if your B2B company isn’t equipped to manage an email marketing program, there is a lot you’ll miss out on as a result. If you don’t have one already, let’s dive into some practical tips to help you get kickstarted:

Choose a Reliable Email Service Provider (ESP)

A definite first step will be signing up to a high quality ESP. These services will allow you to manage email campaigns and lists from a web-based interface. A good ESP is essential for a successful email marketing campaign, and should enable you to format your email messages with a custom layout, links, images and other features.

The best ESPs also offer personalization, automation, and advanced analytics tools. They may also provide training materials, education programs, and free coaching to help you make effective use of their system.

Leading email service providers include MailChimp, Constant Contact, ExactTarget, Pardot, and HubSpot. You should read about these to assess which is best for you; most have free trials as well, so you can try before committing.

Offer Free Content

If you have a blog or social media page, you’re probably already doing this: the best way to raise engagement and keep the attention of prospects is by offering useful content that matches their interests. Smart companies understand that they need to keep in touch with their prospects and existing customers, so they don’t stop with social media - they also use email.

With an email marketing program, you can and should share white papers, eBooks, blog posts and other content relevant to your marketing goals and initiatives via email. Not only that, but offering free content of this kind is a great way to build your email list: by offering to send content to customers via their email address, they get valuable information, and you get a new prospect.

Nominate an ESP Specialist in Your Team

To make the best use of features and tools offered by the ESP, it is a good idea to designate a member of your team as ESP specialist. This employee should manage all contacts within the ESP, and ensure that the vendor is providing for the needs of your enterprise. By designating someone for this task, you can stay on top of campaigns, utilize features for efficiently, and address problems as soon as they arise.

Build a List of Interested Subscribers

Your email marketing campaign will be more effective if you target it towards an interested audience. For this reason, you should carefully develop your subscriber list, curate, and tag it appropriately. This will help you to prepare and send relevant and useful emails that meet your objectives. Your lists should be specific to your industry or business and designed with your marketing goals in mind.

Segment Your Audience

Segmentation is an important step that helps you to narrow down your subscribers into groups that will respond best to certain messages. For instance, if you want to engage your most loyal and profitable clients, you can segment them into a particular group based on this demographic and send them relevant event announcements, blog posts, and special offers. In the end, segmentation takes a little work that goes a long way in focusing your energies where they count the most.

Automate Your Campaign

Use your ESP’s automation features to communicate with prospects and existing clients in a relevant and timely manner. For example, an auto responder enables you to contact those who download content or fill out a form on your site. You can often create an autoresponder to contact new users and subscribers to your newsletters, and engage them with interesting content or start conversations.

Use of RSS-to-Email

RSS-to-email makes it easy to send out a newsletter whenever you post a new content piece to your blog or website. The advantage of this feature is, however irregular your content schedule may be, your subscribers can receive newsletters only when new content is published.

Nurture Promising Leads

Create an email campaign tailored for “hot” leads that have expressed a certain amount of interest. Pay special attention to those who are apparently sitting on the fence about making a product purchase, and give them a helpful push by providing special offers that can convert them into buyers.

Some leads can take a while to make up their minds, and that’s okay. Be prepared to contact them consistently over weeks or months, though in moderation, and only with relevant content or offers. Keep them interested in your offerings using appropriate blogs posts or other content pieces which relate to the subjects they care about.

Conclusion

Marketing professionals have a responsibility to enhance their company brand with messages over multiple channels and media. They have a further responsibility to aid their sales team in closing deals, generating revenue and boosting company profits. For this reason, email marketing strategies and campaigns are an important part of every B2B lead generation effort. Whether you’ve tried email marketing before or are brand new to the game, try one of the above strategies in your workflow, and learn more in one of our classes.

Learn more with these related OMI classes:

Email Marketing Tactics

Creating and Curating Content People Love

How to Build a Lead Nurturing Campaign

 


Visit the Online Marketing Institute to browse over 400 classes in the digital and social media marketing space.

 


Future Fundamentals for Digital Marketers

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Editor's Note: Teena Thach is Socedo’s social media and marketing specialist. To celebrate the launch of our new Digital Fundamentals Certification, she joins us today to discuss the future of digital marketing, and fundamentals that will guide the industry for the foreseeable future.

 

To be successful, digital marketers must be able to think beyond the present. Not only should they understand the present state of the industry, but they should also have a grasp on what’s coming down the road. While this is no small task in the constantly shifting work of technology and social media, being able to view trends through the proverbial crystal ball will keep you ahead of the curve, ensuring that your strategy will keep both current and future prospects interested. With that in mind, let’s take a look at developments which seem to portend the future of digital marketing.

Social media gets more visual

In 2015, Shareaholic reported that more than 31% of traffic to websites was driven by the top 8 social media platforms that year, up from 23% in 2014. It’s clear that social media will continue to grow and remain an important way of attracting users to your website, though the venues and types of sharing may change. Keeping up with the most popular networks and how people are using them is key to keeping your brand relevant in the future.

The rising popularity of video platforms like YouTube, Vine and Snapchat has inspired other networks like Facebook and Instagram to add video features. If you’re not already using a video as a part of your digital marketing program, you might consider finding ways of integrating it into your strategy. Video content will continue to be a key growth area because of its popularity and potential to convert leads. How much potential? Shoppers exposed to videos are 174% more likely to follow through with a purchase. They’ll also stay on your site twice as long, and look at twice as many pages.

Forbes predicts that more people will want to experience events vicariously, meaning they’ll want to see video to get a feel for scenes they can’t attend in person. What better way to display your company culture than bringing your prospects to the party? Think of other ways you can share your company’s story, help people to learn about your brand, and provide useful content that helps users solve problems and pains.

Aesthetics become more inspiring

Your digital marketing efforts must hold the attention of your prospects while clearly demonstrating who you are. While attractive color schemes and eye-catching font are the basic places to start, aesthetics are moving to a deeper plane in the near future.

Forbes predicts that content will move from the practical to the emotional – what will touch your consumers? Think inspirational, artistic and beautiful. Think about the kinds of videos that go viral – often, they touch people in a deep way. Connect with your prospects on a visceral level, and your content has a better chance of moving them to action while achieving a broader reach.

No matter how your posts change, one constant that will take your digital marketing into the future is authenticity. People can see through rushed, generic content, and will lose interest before you can lure them in with discounts and offers.

Analytics get analyzed

If you only think about analytics in terms of finding out much web traffic you’re getting, you’re missing out. Future analytics will build upon the use of psychology to help drive the success of websites. Already, basic principles of psychology are at the core of most marketing campaigns: think of FOMO, or fear of missing out, and other countless ways that marketing is designed to make people feel positive or negative emotions. More psychology to predict consumer behavior is a natural progression, and will help to improve the results of your digital marketing strategy.

Factors that are increasingly taken into consideration include when and why consumers abandon a sales funnel, how they respond to price changes, and methods that work on certain kinds of visitors, such as “flash” sales which are mainly effective on impulse buyers. Combined with user data, these advanced analytics will benefit your conversions. This brings us back to the idea that inspirational content will become more popular: it’s all about appealing to people’s emotions. In the next generation of content marketing strategy,you’ll be taking the principles of authenticity and compelling content to a new level.

Branding gets fluid

How the public sees and recognizes your brand, can be enhanced by the kind of content you offer on your social media channels and through your website, blogs or direct emails. The fluidity of social media and targeted messages may be fueling another trend: shaping the brand to an audience. Landor says the look and feel of a company’s brand may be shaped by its appeal to particular audiences, and the days of carefully-guarded branding may be over. Moving forward, smart companies will increasingly adapt to the changing tides of audience mood, habits and feedback.

SEO and advertising get the satellite treatment

According to The Guardian, when people are ready for information on a product or service, 89% of them turn to search engines first. Search engine optimization (SEO) improves your target audience reach by raising the prominence that search engines give to your content and products. The future of SEO will move far beyond keywords and quality content. Going forward, GPS will start to play a greater role in SEO.– even now, Google doesn’t just care what people are searching for, but where they are searching from. Location-based advertising and mobile marketing will be significant areas of growth.

Geolocation is being used now to target advertising customers who are located a certain distance from relevant businesses or venues. Starbucks allows consumers to pre-order when they’re close to a local branch, and some retailers bring purchases out to a customer’s car when they arrive for a pre-ordered pickup. In customizing a marketing campaign to customer needs, it’s clear that geolocation will be another target for optimization and research. 

Not every crystal ball is clear: trends are bound to emerge that were not previously seen or anticipated. But hopefully this article has given you a sense of areas that already promise future relevance to your business. The key fundamental that will take you into the future is a sense of adaptability which allows you to change up your strategy with the times. By reading this article and keeping yourself informed, you’re already a step ahead of competitors who live entirely in the present.

Want to master digital fundamentals? Get certified with OMI 

 


How to Optimize Your Site for Lead Generation

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Editor's Note: Jane Hurst is a business writer and regular OMI contributor. Today, she joins us to discuss how your company's website can be optimized for lead generation.

 

Driving fresh traffic to your website is essential for getting new customers, and nowadays it’s vital for marketers to be strategic and creative when developing ways to build their client base.

As a further challenge, getting traffic is half the battle: afterwards, your site needs to be optimized to capture leads and turn them into sales. Otherwise, your visitors are meaningless statistics that won’t do anything for your business. If you are looking for ways to optimize your site for lead generation, here are some ideas to get you started.

Optimize at Every Step

Let’s say you are selling a rare kind of product. If someone has searched for the type of product you are selling and they end up on a blog post about it on your site, make sure that the post is linked to a relevant sales offer. This way you get to capitalize on the interest of incoming traffic and get more sales.

For instance, if your visitors are reading an article about a type of auto insurance policy, link to an offer for a deal on the auto insurance that you sell. You want to keep your visitors’ attention and get their business. Once they are thinking about a certain kind of item, they are never more likely to buy it: instead of waiting for them to browse your site further, make sure they can act immediately.

The moment someone visits your site, you can start to learn about how your conversion path works. If that path doesn’t take visitors where you want them to be, it is time to optimize that path to turn those leads into sales. The key is to keep giving visitors things to look at that they are interested in. If you can do this, then they are more likely to stay and come back for more down the road. If they really like what they see, they will recommend it to others, generating even more leads.

Use Thank-You Pages

A lot of marketers miss out on a big opportunity to deliver premium content to those who might be interested. Once visitors have submitted the form on your landing page and are taken to a thank-you page, include a link to informational content related to their purchase. This is an opportunity for you to suggest further offers that could be of interest. Never miss out on an opportunity to get more sales.

Send out an automatic thank-you email known as a “kickback email” after a transaction, and include more specific calls to action. Don’t go overboard and send daily emails. After a while, that approach will just land you in the spam folder. A good rule of thumb is not to send out offers more than once a week, and once every two weeks is considered a standard rate. This will keep you in your prospects’ minds without coming across as pushy or over-the-top.

Studies show that by using kickback emails, companies can double their engagement rates when compared with rates that result from traditional marketing emails. Calls-to-action aren’t just about selling to a particular lead, either: you can also include social media links and offers to encourage sharing and social engagement.

Take Advantage of Social Selling

Instead of using email as your main source of lead generation, consider what social selling can do for your company.

A content analytics tool like Leadfeeder can show you what companies your website visitors work for, and exactly what they are doing while on your website. This allows you to qualify your sales leads so that when it’s time to reach out, your sales reps knows the exact interests of each prospective buyer. Content analytics tools can often integrate with your email marketing tools and CRM to further increase lead-flow.

Leadfeeder is free and easy to set up; it can be used to identify new leads, get automatic reports, and output relevant data that will help you to know which leads are most promising.

Personalize Calls to Action

When using calls to action, aim to be personal. For instance, if someone has already visited your return policy page, you can use this information to be more personal with him or her the next time they visit. Let’s say a customer has visited your Father's’ Day Gift Guide page three times in the past two months. It’s time to create a call to action just for her: the next time she visits any page on your site, it can offer discount codes on Father's’ Day gifts.

A stranger obviously won’t see this level of personalization – at least not until until he or she has submitted a form. But the next visit can be tailored specifically for his or her interests. In order to pull this off, all you need is a set of simple tools such as Hubspot’s Content Optimization System. Using this or something similar will help you to serve up the smart content that you need to personalize messages for your leads.

Nurture Leads Individually

Getting a sale is an achievement, but getting repeat sales from the same customer is icing on the cake. Customers are people, and people will only stay interested in your company as long as you are interested in them: so stay interested.

As soon as a lead fills out a form on the landing page, put it right into your workflow. Send them useful content that is relevant to their interests and needs. The more you nurture, the more you are going to learn, and the more your customer will know when the time comes to close a sale.

Learn more with these related OMI classes:

How to Get Clients & Generate Leads

Email Marketing Tactics

How to Create the Perfect Landing Page

 

Visit the Online Marketing Institute to browse over 400 classes in the digital and social media marketing space.

 


The 5 Skillsets You Need to Master Digital Fundamentals

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Editor’s note: Josh R Jackson is a contributing editor at BestMarketingDegrees.org. To celebrate the launch of our New Digital Fundamentals CertificationJosh joins us this month to discuss the skillsets that marketers need to master the fundamentals of digital marketing.

 

To call ourselves digital marketers, it has become imperative to master the fundamentals of digital marketing. Today, marketers inhabit an educational universe that’s expanding at a rate of 7 new bachelor’s programs every year - but in this competitive educational marketplace, jobs are increasingly based on skills rather than degrees. And despite their growth, marketing degree programs are struggling to teach every skillset we need to legitimately claim we’ve mastered the digital fundamentals.

To be sure we’ve mastered these preliminary areas of a comprehensive digital marketing education, we need both knowledge and skills. We need to know the history and evolution of digital marketing. We need to know the ins and outs of the kinds of online media used for content promotion (like blog posts, white papers, videos, infographics, and press releases), and we need practice placing them in appropriate media moments.

These basic components of a digital marketing campaign allow us to execute marketing strategies with the care, precision, and digital mastery that today’s jobs consistently demand. That’s why we’ve laid out the 5 skillsets necessary to truly master the fundamentals of digital marketing: to help you prepare for the next step in your marketing career, and secure it in a solid foundation. Let's dive in!

1. Digital Advertising

Although email marketing is often considered the staple of every digital marketer’s playbook (see skillset #4), it’s really just a single play with multiple options. A competent digital marketer knows how to assemble a binder of playbooks, each of which might include a list of relevant search engine marketing tools that complement each other. At the same time, masters of digital fundamentals know where they can strategically place ads that reinforce email messaging, and they understand the importance of participating in complex, growing trends like affiliate marketing and programmatic ads.

A quick Google search of these terms and their definitions will show it is no easy task to comprehend these relatively new outreach methods, much less harness them skillfully. But masters of digital fundamentals can balance these skillsets in order to solidify a brand’s place among the rank and file of similar brands competing for the top spot on search engine result pages.

2. Social Marketing

With literally hundreds of social media platforms developing since the late 1990s, social media marketing is essential for conducting digital business successfully. Competent digital marketers know that Facebook, Twitter, and YouTube get our feet in the door. But a master of the digital fundamentals also knows that their brand needs to harness the staying power of more permanent visual platforms like Instagram and Pinterest, at the same time making ample use of more ephemeral visual platforms like Snapchat, Periscope, and other live streaming services.

In more recent years, LinkedIn has become one of the most authoritative platforms to hatch a professional digital marketing strategy, especially because its social network has the capacity to connect disparate people with shared interests for the express purpose of doing business. And of course, blogging platforms like Tumblr and WordPress always help raise a business’s profile on Google and other search engines. While the skillsets for each of these platforms overlap, masters of digital fundamentals know when and where to use each one to its full potential.

3. Mobile Marketing

Mobile is the fastest-growing marketing skillset on this list, and it is quickly becoming the biggest and best way to spread a message. The core tools and terminology that surround the discipline grow as fast as the research and development, and so does the number of mobile marketing programs. The competent marketer knows they need to optimize their site for mobile users in order to make brand content easily accessible. But a master of digital fundamentals will know that the most popular content medium for mobile is the mobile application, while mobile video and location-based advertising have continued to grow in both popularity and opportunity for expansion. They will know how to do their homework and apply research to place messages at the most opportune moments. They will also know that because two out of every three Americans (and counting) own a smartphone, digital marketers need to exercise each of these skills in order to move forward boldly.

4. Email Marketing

As alluded to in the first skillset, email is one of the most fundamental skillsets to exercise in any digital marketing strategy. Running a direct email marketing campaign is perhaps the most essential skill necessary for executing such a strategy effectively. Competent digital marketers know that outbound campaigns like this can be easily automated, and masters of digital fundamentals know that learning automation tools can be difficult to use without expert training. They also know that the same can be said for learning the practice of small batch email marketing, which includes research, list building, targeting, message drafting, and tailoring to specific audiences with special kinds of content. They know that both learning and practicing all of these approaches is essential to mastering email marketing, and that when push comes to shove, email marketing campaigns can mean the difference between virality and obscurity.

5. The Marketing Funnel

As the structure that surrounds our foundation, the marketing funnel wraps all the digital fundamentals into one package. A competent digital marketer knows they need to direct people down their funnel for conversions. But a master of digital fundamentals knows that certain parts of the funnel are better for certain types of content than others. Assuming they need to market a mobile application, masters of the digital fundamentals might plan a digital advertising and email marketing campaign for the top of their funnel to increase brand awareness, a social marketing campaign with video for the middle of their funnel to pique interest, and a mobile marketing campaign at the bottom of their funnel to set up a free trial that leads to loyalty and a sale.

Above all: a true digital marketer knows that the more they practice these skillsets in conjunction, the more confident they’ll be when they say

they’ve mastered the digital fundamentals. Everything else comes with experience; experience comes by knowing the basics and applying them in everything you do. So what are you waiting for? Get started today!

Want to master digital fundamentals? Get certified with OMI 

 


Why Proficiency in Digital Fundamentals Matters for Your Company’s Success

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Editor's Note: Tracy Vides is a content strategist and OMI contributor. To celebrate the launch of our new Digital Fundamentals Certification, she joins us today to discuss how small and large businesses can benefit from studying fundamental digital marketing strategy.

 

The beauty of digital marketing is that it gives startups and smaller companies a chance to compete on a stage shared by larger enterprises; it levels the playing field by eliminating the need for a huge budget to reach a vast amount of consumers.

In the old days, a good deal of marketing boiled down to scale: companies threw out wide nets, hoping to gain as many leads as possible. This posed a serious obstacle for small businesses lacking the capital for such an expansive reach.

Now digital marketing has made it possible to pinpoint a target audience, research consumption habits and find the most effective strategy to broadcast your brand messaging and improve ROI without wasting copious amounts of money on experimental campaigns based on guesswork.

Let’s talk about fundamental digital marketing strategies, and key advantages that businesses of all sizes stand to gain from mastering them.

Create an effective SEO strategy

Search Engine Optimization (SEO) is a cornerstone of digital marketing. 93% of online experiences begin with a search engine. With a number like this, omitting SEO causes you to miss out on a lot of benefits. A well-planned strategy can do a lot to improve search rankings, increase web traffic, build leads, and ultimately make sales.

If you want to experience these types of results, it will require more than a one-day effort. SEO is built on five pillars:

  1. Strategy
  2. Conversion
  3. Content
  4. Optimization
  5. Authority and Trust

It might take weeks – or even months – to start seeing the results you want. Stay consistent with your efforts, and in time you will see the fruits of your labor.

Use social media to boost engagement

Currently, there are over 2 billion people using social media worldwide. Opting out of this bandwagon is simply not an option. Social media is an arena where brands have a prime opportunity to let their unique personas shine through while contributing value to the lives of their prospects.

The biggest advantage provided by social media is an opportunity to boost all your other marketing channels. For example, a good SEO strategy is based on producing quality content. One of the best ways to share that material is through social media outlets.

Additionally, it can play a huge role in learning what makes your target audience tick. Tools like Brandwatch give you the ability to monitor what users are talking about within your industry. Backed with actionable-metrics, you can properly gear your approach in a manner that will not only keep viewers engaged, but also maintain positive sentiments about your brand.

Social media marketing is here to stay. Understanding the ins and outs of how it can affect your business is crucial in building brand trust and exposure to your messaging.

Adapt to an increasingly mobile landscape

Back in 2014, mobile devices became more popular than desktop for digital media consumption.

More recently, global internet traffic in terms of pageviews on mobiles surpassed desktop traffic.

With this in mind, integrating your marketing strategy to fit the mobile landscape is vital. For instance, 71 percent of marketing emails are opened on a mobile device.

Mobile the go-to medium for people on the move. In turn, big e-commerce brands have made it easier than ever to make purchases via a smartphone. The benefits of optimizing for mobile are practically infinite. Here are several of them:

  • Mobile-friendly websites rank higher in search results.
  • Mobile advertising is more cost-effective than desktop advertising.
  • Mobile gives you a broader range of personalization options when marketing to prospects.

Altering your entire strategy towards mobile is an involved process. There are many things to take into consideration, like content format and consumption duration. But given how much it can improve a business, learning how to optimize accordingly is one of the best decisions you can make.

Make your operation efficient with marketing automation

Marketing automation is especially useful for startups and small businesses. Regardless of your goals, you should always strive to maximize efficiency. With automation, you can harness the power of technology to manage a significant portion of your marketing activities without depending on human control. This can do a lot to cut down on labor, and frees up more time to focus on big picture innovations.

According to Gartner Research, by 2020 customers will manage 85% of their brand relationships without talking to a human. Benefits of automated marketing include:

  • Targeted landing pages
  • Effective lead nurturing
  • Complete workflow management
  • Targeted and responsive email marketing
  • Increased productivity
  • Brand presence on multiple channels
  • Detailed customer profiles
  • Quicker and better customer support
  • In-depth tracking and measurement
  • Consistency

There is a whole lot more to gain from marketing automation than you might think. Do yourself a favor and study what it can do for your business. In the long-run, it can save (and earn you) incredible amounts of time and money.

Over to you

It’s no secret that the traditional marketing funnel is going obsolete in favor of digital. Brands everywhere are realizing how this shift in the landscape is putting a big emphasis on customer experience and targeted strategies. The underlying truth is that consumers are more connected than ever. Learning how you can accommodate this trend is crucial in building a brand for the future.

If you’re involved in a startup, small business, or even a large enterprise looking to build its knowledge of digital fundamentals, there’s no time like the present to learn. Get started today!

Want to master digital fundamentals? Get certified with OMI 

 


How to Improve Customer Acquisition Using Artificial Intelligence

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Editor's Note: Nick Rojas is a freelance journalist who has written for Entrepreneur, TechCrunch, and Yahoo. Today he joins us to discuss how AI is changing the way that businesses acquire customers, and how to use it.

 

Every company needs new customers to grow, and anyone running a business knows that it takes time and planning to attract them. However, thanks to the growth of artificial intelligence, customer acquisition is getting a little bit easier.

AI is advancing and isn’t expected to slow down anytime soon: between this year and 2022, the AI market is expected to grow 62 percent, by a value of $16.06 billion. Marketers and businesses are wisely taking notice and implementing AI into their customer acquisition strategies.

With the right methods in place, AI can revolutionize your acquisition funnel, saving you time and money in the process. Let’s take a look at how this can be done.

Chatbots

Chatbots are a hot trend in tech marketing circles. You’ve probably interacted with them numerous times, even if you didn’t realize it.

Siri, Cortana, Google Assistant, and Alexa are all chatbots. You may find this confusing, since chatbots are usually thought of in very narrow terms. In reality, any AI which interacts with customers using natural human speech can be thought of as a ‘chatbot’.

So why are they such a big deal for customer acquisition? It’s simple: chatbots simplify the user experience and enhance customer support.

Simplified Experience

Consumers are more likely to buy your products if you remove barriers to entry. To remove those barriers, you need to facilitate an environment where moving from acquisition to decision is painless.

This is exactly what chatbots accomplish. Take for instance bots that live on Facebook Messenger, allowing customers to ask questions and buy products on-the-fly. If consumers become interested in your business through a social media page, they can do research and make a decision without ever leaving the application.

In this case, the chatbot enables your customers to act on a whim, moving them seamlessly from curiosity to a product purchase. In the long-run, ease of use and access streamlines your funnel, leading to more sales and consumer interest.

Customer Support

Chatbot customer support helps retain customers that you’ve already done business with, and thereby improves your brand reputation, which can attract new customers in turn.

AI allows companies to offer versatile 24/7 support to their customers. If a problem arises while your staff is away, your chatbot is always ready.

Advances in Artificial Intelligence enable chat bots to gather information about a problem, offer solutions, and also transfer the problem to a human when it’s too complex. Simple issues can be resolved on-the-spot without intervention, leaving the most important problems for your personnel to handle, with all the pertinent information collected and ready for review.

No matter how a problem is resolved, customer support chatbots enhance the customer experience while saving time and money.

Predict Consumer Behavior

Attracting new customers means understanding consumer wants and needs. AI helps this process by predicting consumer behavior on the basis of existing information.

Artificial intelligence is routinely used by companies like Salesforce to mine and process large data sets of customer information such as preferences, shopping habits, and comments left on your social media pages. Using a process called semantic analysis, AI can understand human context and intelligently guess how a person feels about a product or service based on their interactions with your company.

You can then use this information to tailor marketing strategies that target new customers. Essentially, the AI gives you a list of your product’s greatest strengths and weaknesses relative to your audience.

Is your product getting lots of views on social media? Then you should capitalize on social media.

Is your idea unique to a specific market? Then hit that niche with your advertising.

Chatbots and predictive behavior analysis streamline your customer acquisition process while also saving you time and money. As Artificial Intelligence continues to revolutionize online customer acquisition, the best time to get started is now!

Learn more with these related OMI classes:

Increase Lead Generation Quality, Conversion & Velocity

Mastering the Facebook Sales Funnel

Testing, Behavioral Analytics & Metrics Best Practices

 

Visit the Online Marketing Institute to browse over 400 classes in the digital and social media marketing space.