Blair Lyon’s Business Cards: A true story of chance, marketing, and an iPad

Who is Blair Lyon and why were his Monetate business cards scattered on the street around the Chicago Hilton this week? Here are the bullet points:

  • Front and back of Blair's business cardsBlair’s Monetate business cards, from Next Day Flyers, were supposed to be delivered to the Chicago Hilton by Fedex on Monday.
  • Several hundred of Blair’s cards were spotted on the sidewalk in the vicinity of Wabash and 8th on Monday morning, while Blair was still in Philadelphia.
  • By late Monday his cards had been spotted as far north as Jackson and Michigan.
  • Nobody who works for Monetate would ever intentionally litter the streets of Chicago or any other city.

So who is Blair and what were his cards doing in the street? Inquiring minds want to know, especially marketing minds, and particularly marketing minds attending  IRCE, the Internet Retailer Conference and Exposition at McCormick Place in Chicago this week… Read the rest of this entry »

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New Decade, New Blog, Same Goal: Helping you achieve marketing excellence

Marketing campaignsThat’s right: New decade, new blog, same goal as the old blog, yet better. Why better? Because the blog will now reflect Monetate’s new focus on real-time marketing. As we see it, ”real-time” is the key to e-commerce and m-commerce success in this new decade.

Sure, all the past posts are here, with their focus on practical ideas and advice for improving the performance of your online marketing and merchandising efforts. But moving forward our focus will be a particular approach to marketing, an approach we refer to as “real-time”.

Working with our clients over the past two years we have seen the terrific growth in online revenue that is possible when commercial web sites respond in real time. At first we thought this growth was simply a result of the post-click tailoring of content to different traffic segments, the instant generation of personalized pages that Monetate has pioneered. But over time, and through extensive analysis, we saw that there was more to it than that.

Real-time marketing means more than marketers creating campaigns that can customize page content on-the-fly to match what you know about the visitor viewing that page. It also means marketers being able to put campaigns in place on their schedule, in real time, not some stretched version of time created by the e-commerce platform or the availability of I.T. resources.

We firmly believe companies that “get” real-time marketing will be the ones that exceed expectations in this new decade. And the marketers and merchandisers who understand and implement “real-time” are the ones who will excel.

We are thrilled to be in a position to help make that happen.

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You Can Never Have Too Many Happy New Years

Happy New Year!Happy New Year! I mean it. Monetate means it. We’re not just being polite. We really hope you have a great year. And if you’re in marketing, may all of your projects get funded and all of your campaigns convert at record levels!

Personally, I have to admit that wishing people Happy New Year has not always been at the top of my January agenda. When I was younger, January tended to feel a bit anti-climactic after the excitement of the December holidays. But then I had the opportunity to spend a few years in Scotland, a country where they take the start of a new year very seriously.

I was very impressed when I realized that people in Scotland would greet you with “Happy New Year” the first time that they saw you in the new year, even if the year was several weeks’ old. Not only that, the Scots have their own name for New Year celebrations: Hogmanay. This is a serious holiday spanning two days: January 1 and 2. If those days fall on a weekend they are observed the following week. So Monday of this week–January 4, 2010–was an official holiday in Scotland. Here’s how my weekly calendar describes it:

Day after New Year’s Day (Observed) (NZT, SCT)

Actually, that tells me two countries have two-day New Year observations: Scotland and New Zealand. There may be more. Certainly there are different calendars in different cultures that place the start of the year at different times.

Now, given that this is a blog about marketing, you might be waiting for the zinger, the call to action, the marketing message for which the “Happy New Year” headline was just a hook, a teaser, a slice of link bait. Maybe you were expecting me to segue into a pitch for location-based marketing that leverages country-specific holiday promotions. Perhaps you were anticipating a roundup of marketing predictions for 2010.

Well, as it turns out, the point of this first post of the year is simply this: To wish you–warmly and sincerely–a Happy New Year.

(Marketing posts with catchy headlines will resume shortly.)

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Leading Consumer Brands Segment, Target, and Personalize with Monetate

60th post on the Monetate blogIn case you missed it on the wire and in the social networks, below is the text of our latest news release. We wouldn’t normally post a release on the blog, but we’re particularly proud of this one because it demonstrates Monetate’s growing penetration of multichannel retail market. You can find an archive of our news releases here.

(We’re also pleased to note that this is the 60th posting on this blog since it was launched at the end of August last year. Your readership and comments have been much appreciated. Thanks!)

More Leading Consumer Brands Segment, Target, and Personalize with Monetate

To provide web site visitors with an even more personal, relevant, and compelling site experience, Casual Male Retail Group selects Monetate

Philadelphia, PA / September 1, 2009 — Online marketing tools like personalization and behavioral targeting are one way that retailers seek to meet and beat the challenge of today’s tough economy. One supplier of such tools, Philadelphia-based Monetate, today announced that five more consumer brands have joined the growing list of web sites employing its platform to segment, target, and personalize. Read the rest of this entry »

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Join Our Table: The Monetate Roundtable at Shop.org Online Marketing Workshop

Hopefully you’ve seen today’s news release about the roundtable on May 6 at Shop.org’s Online Marketing Workshop in Scottsdale, Arizona. We’re pretty excited about it and we’d love to see you there.

Shop.org chose “Optimizing Your Online Business” as the theme of this workshop and they chose our roundtable proposal from among many. The title is “Map Your Path to Online Optimization: A whole new way to reach your goals.”

We’ll be talking about an effective new way of looking at your ecommerce data to prioritize the biggest opportunities for improving the bottom line. Our CEO, David Brussin, will be leading the roundtable, which will feature an online retailer who has had impressive results with the techniques that David will be sharing. David will show you how to perform this analysis and teach you how to do it yourself, using tools and data that you already have.

The news release “Finding Best Opportunities to Improve Online Retail’s Bottom Line” is now online at PRWeb or you can download a .pdf version of release here.

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Post-click Marketing Release Notes: To infinite personalization and beyond…

When I started writing this blog post I thought it was just an update about two items in our latest Release Notes (you may want to read this post if you are new to our Release Notes). Then it occurred to me there was more to it than that. But first, the two items, both of which expand Monetate’s targeting capabilities.

First, we have added the ability to target messages and promotions based on the amount of time a visitor has spent on the site. We also added the ability to target based on number of pageviews. This pair of new targeting dimensions will be useful when our personalization experts are creating campaigns to target “window shoppers.” For example, we can now extend a discount specifically for visitors to your site who have viewed a lot of pages or spent a lot of time on site but have not yet purchased (my guess is that these visitors are ripe for conversion into customers, so even a small discount might push them past the tipping point).

And as I’m writing this, it occurs to me that Monetate’s targeting dimensions just keep expanding, often in response to client requests. If you’re one of our clients and have requested a particular targeting parameter you are likely to know when it is available, but you might not be aware of all the targeting choices that have been put in place to date. Read the rest of this entry »

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Monetate Pivots: Catch a whiff of Smellr, our latest iteration

That’s right, Monetate has taken a U-turn, pivoted on a dime like the nimble startup that it is, and taken the plunge into social networking for personal fragrances. It’s a niche play to be sure, and it might be a risky move, but we think the world will love our latest iteration: Smellr, a social network for noses.

But why would a red hot startup with a very successful full-service post-click marketing solution make such a drastic move? After all, the company has been blowing away milestones and exceeding revenue goals ever since it was funded. So what gives?

The answer will only surprise you if you’re not a believer in Web 2.0. On Sunday we read a blog post titled “Yogi Berra wisdom for startups” and it seemed to say it all. The great ball player famously said “If you come to a fork in the road, take it” and on Monday we did.

And we think our clients will understand. They too are on the cutting edge. They have embraced exciting new post-click marketing strategies and Monetate has boosted their conversion rates and revenues.

So we trust they will understand that the future beckons and we must answer its call. The online world moves at warp speed and we have been warped. We are now all about the virtual aroma. The smell of success is on the digital wind. The future is Smellr and Monetate is making it happen. We hope you enjoy it as much as we do.

Team Monetate

Update: We’d like to extend a special thanks to Smellr’s first investor, Jason Calacanis. Jason, we appreciate your vision and your unerring nose for a great new opportunity, but above all, we thank you for believing in us.

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Dashboard Update: Is this picture worth 1,000 words?

I’d like to ask you two questions about Monetate’s software, but first I’d like to share one of the pleasures of my job, reading the Release Notes report from our tech team. Now I realize that “Release Notes” might not sound like exciting stuff, but I get a real kick out of reading what new features–and tweaks to old features–have made it into the latest version of our software.

For example, this week’s Release Notes includes this little gem: “For dynamic text, show a bounding box when dragging text elements.” Sure, it might not sound exciting to you–unless you’re a hardcore Monetate user–but I read it as one more step forward in the ongoing process of making our software the best it can be. Here’s another example: “Unique campaign names are now enforced by the application with number suffixes.” That should prove very helpful when you’re running a lot of campaigns. Read the rest of this entry »

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From Stealth Mode to Stellar Stats: BizJournal article on Monetate

An excellent article about Monetate is now appearing in various editions of the Business Journal (see Boston Business Journal, the Sacramento Business Journal, and the Dayton Business Journal).

Under the headline “Monetate’s embedded code brings personalized campaigns,” Philadelphia staff writer Peter Key chronicles the company’s founding, our ‘stealth mode’ development strategy, and some of the performance stats we are now able to share with prospective customers all around the country. As you would expect from the Business Journal, the reporting is accurate and original, the article well-written.

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Web Site Makeover at monetate.com

As you may have noticed, the new web site design is now up and running at monetate.com. It is already proving popular with visitors. We have had strong positive feedback on the new look and the new product demonstration videos.

The makeover was a real team project, with contributions from sales, marketing, engineering, and design. We’re delighted that the project was completed ahead of schedule and ahead of the New Year, ready for our first quarter sales initiative.

If you have any thoughts on the design, we’d love to hear them. Just comment on this post. Also, if there are any aspects of the product that you would like to see demonstrated in a video, let us know. We plan to expand the video offerings over the next few months.

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The Turducken Disconnect: An SEM Fable for the Holidays

Insights into online marketing can come from strange quarters, even from strange recipes. Bear with me while I tell a story that began at a wedding reception in Toronto a few months ago. I was standing beside a delicious buffet served in a wonderful Canadian garden when a young lady asked me if I had ever heard of turducken.

Why did she ask me? Did the rate at which I was consuming bacon wrapped chicken livers suggest I’d be a turducken aficionado? Perhaps she mistook my gray hair as a sign of wisdom (actually, it’s just a sign of advancing age). In fact, until she uttered the word, I had never heard of turducken. But I didn’t want her to know that, so I bluffed: “Turducken? In what context?”

(For all I knew, Turducken could be the name of a band, or a dance, or something you do in night clubs when you’re not dancing. The last thing I wanted to do was appear uncool. I mean, if the kids were going turducken later, I wanted to be invited along.)

Fortunately, my bluff was not called. A handsome young guest, whose cool factor was apparently not in doubt simply blurted out, “What’s a turducken?” That’s when the young lady said: “Turducken is a chicken cooked inside a duck cooked inside a turkey.”

In a further stroke of luck the young man decided this turducken thing was a hoax and he began to question the lady’s sincerity. That gave me a chance to whip out my Treo and Google it, earning several cool points as I flashed the result with great chivalry. The young lady was right. Google had spoken. Turducken is real.

And so the story would have ended, were it not for two things: my wife’s health, which has not been too good lately; and Thanksgiving, which kind of crept up on us this year. That is why, a few days ago, I was sitting at my computer wondering: “What could Stephen cook for Thanksgiving dinner?” In the past I’ve managed to cook several chickens; a few Christmases ago I roasted a goose, but to be honest I have never tackled a Thanksgiving turkey. That’s when turducken came to mind!

So I Googled it. As expected, the search results were sprinkled with words that suggested one could order turducken online, for immediate delivery, pre-cooked if necessary. Indeed, it looked like several vendors were vying for my turducken business. So I began to click away.

And that’s when I found the turducken disconnect. If you are trying to sell turducken online, anyone who searches for turducken and clicks on your paid search placement should be greeted by what? Yes! Turducken. It doesn’t have to be an animated turducken. It doesn’t have to be a talking turducken. It doesn’t even need to be a specially-priced turducken (although that could be a good way to convert first-time visitors into first time buyers). The point is, we should see a turducken not a sausage. And we shouldn’t have to scroll down the page to find our search target. Most online shoppers are not lazy, they’re just busy. If I Google turducken, show me your turducken and I may well order one.

Now, I realize that turducken is not, as yet, a major segment of the online food market. So is it fair to pick on fledgling e-tailers who haven’t yet learned to hook their search engine marketing efforts to custom landing pages and behavior-based visitor-metrics? Maybe it’s not fair, but the turducken disconnect is not confined to regional cuisine.

When I Googled “cooked turkey” I got a paid ad proclaiming “Roasted Turkey…Gourmet Prepared Turkeys. Memorable Meals since 1957.” It took me to a page totally bereft of turkeys. Of course, it’s not just online food retailing that suffers from this problem. Time and again when shopping online I click a search result that leads me to a page only vaguely connected to my search string.

Given the amount of money companies are spending to be at the top of the search result stack, it’s a real pity they don’t spend just a little more on converting that initial click into an engagement, a conversation, and a better chance at conversion. Merchants who don’t keep an eye on what happens post-click are not going to get results as good as those who do.

And thus endeth the fable.
The moral is hopefully clear.
Don’t waste your money on search results
If you don’t know how to take it from there.

Happy Thanksgiving!

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Getting Ahead: Check the time before you call EU/UK

Just a quick reminder to everyone with clients and partners in Europe or the UK: This week America is slightly less behind Europe than usual (time-wise). The clocks fell back in the EU and UK in the early hours of today, Sunday, so this week Paris is only 5 hours ahead instead of 6 and London is 4 hours ahead instead of 5.

Things will go back to normal (5/6) when American changes its clocks early on November 2. For further dates, check this table; it comes from the very helpful WebExhibits site where a live version allows you to check when Daylight Saving Time changes in future years:

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