SITUATION:
Biotech, venture capital funded, company in pre-launch for a new pharmaceutical product wanted to determine the where to invest marketing budgets when the product is approved by the FDA.
ACTION:
Develop a complete understanding of the product and target audience. Developed a SWOT analysis and presented to senior management for approval. Recommend and lead market research (qualitative) with target audience and health care professionals to determine where the marketing emphasis should be on launch. Continue with market research as required to ensure that resulting strategies are inline with target audience expectations.
RESULTS:
• Research clearly showed that the launch emphasis should be on patients not health care professionals.
• Best way to reach the target audience is through multiple content distribution online.
• Follow-up research indicated that target audience is actually four sub-segments each with a different need.
• Tested different messages for each sub-segment, developed decision tree analysis to overcome barriers and increase conversion.
SITUATION:
Consumer products company that makes custom ice cream and sells their products via online has a high shopping cart abandonment rate (74%). Determine why consumers were going through the process of shopping but failing to complete purchase.
ACTION:
Complete evaluation of the purchase process via in depth web analytic software indicated that 85% of shopping cart abandonment was happing in step 4 of the purchase process. Develop A B testing to test an easy checkout system consisting of 1 step instead of 5 steps showed that conversion increased 54% when website visitors had only one step to purchase their products. Also asked consumers who purchased if they would be available to fill out a survey for 15% future purchases.
RESULTS:
• Survey indicated that consumers felt the FED-X shipping costs were too expensive to place orders.
• Developed a “free-shipping” offer for consumers who ordered 5 flavors. Analysis indicated that that at this level the company would still meet profit per sale expectations.
• Shopping cart abandonment rate decreased to 35%.
• Reduced shipping method from overnight to two day resulting in 45% cost savings.
SITUATION:
Car brand wanted to try to increase sales within a certain market where sales were below the rest of the country. Dealers were complaining that a local marketing plan was needed to boost sales.
ACTION:
Develop a local based search engine marketing plan and customized home page for the market in the Midwest. Review the database of people who opted in for eMails and micro-segment messages with special incentives for the market. Hold a chat with a brand representative via Twitter to answer questions about the brand.
RESULTS:
• Within the first month of implementation traffic to the localized home page increased over 400%.
• We had over 50 people via the online Twitter chat with 40% of them going to their dealer resulting in 10 sales and an ROI of over 5:1
SITUATION:
Client wanted a complete overview and competitive analysis of social media use for consumer packaged product (electronics). Client had a website but had not developed any social media strategy.
ACTION:
Developed a slide presentation for senior executives on social media 101. Explained social media benefits and liabilities and recommended an integrated marketing social media strategy that could easily be implemented via their customer service department. Sat with customer service managers to develop, implement and measure social media strategy on Twitter.
RESULTS:
Customer satisfaction survey from people who used social media indicated a positive attitude about the brand and company. Calls to customer service department declined 12%. Also included a click to chat, click to call option on website which in turn increased customer satisfaction. Company executives are knowledgeable on social media but more importantly their social media strategy is providing a meaningful ROI.
OTHER CURRENT WORK:
• Authored position paper on latest interactive marketing for top New York agency to send to their clients.
• Authored direct-to-consumer marketing column for Pharma-Live (Med Ad News)
• Author monthly column for PM 360 Magazine on Direct to Consumer marketing.
Thought leader on interactive marketing and social media in an age of empowered consumers.