Developing a lead tracking strategy can help you or your search engine marketing company understand which channels of your SEM campaigns are the most profitable, and which ones are wasting your time and money. Recognizing the differences between workable, and downright unfortunate lead tracking methods can help you restructure and improve your campaign by adopting comprehensive software and tools.
In the last article, we discussed how an ideal lead tracking scenario equates to greater success when it comes to closing leads in SEM campaigns. Plus, knowing where your leads come from helps determine which channel is the most profitable and, of course, which should be continually refined to bring in even more quality leads. Though this may be common knowledge, we are led to the two less-than-ideal scenarios that are unfortunate, though surprisingly frequent, despite the prevalence of comprehensive lead tracking software and tools.
Lead Tracking Scenarios
Scenario #2: Workable - The client company cannot, for whatever reason, have web leads automatically populated in its sales database, which, in this case, is often a proprietary system built in-house. Yet, there are still some ways to identify leads properly, which your search engine marketing company can help you compile for SEM campaigns. PPC leads, for example, can be supplemented with added parameters when sent to an inbox to reveal their source. With the right lead tracking in place, you can easily have emails pop right into your inbox with a header that notifies you that you've just received a lead via a specific channel. In these cases, the onus is on the person who enters the leads into the sales database to also include the lead's source.
Ideally, your search engine marketing company needs to meet and/or correspond regularly with you to discuss the source and quality of each lead within your SEM campaigns. Leads can be analyzed at the individual level, so that when a lead closes, it can be attributed to the proper channel (organic SEO, email marketing, PPC, etc). With frequent collaboration between the search engine marketing company and the client company, ROI for each individual channel can be deduced, and expenditures on each channel can be properly allocated to maximize performance.
Scenario #3: Common but Unfortunate - In this scenario, the client company usually has limited offline lead tracking ability. Sometimes the leads are sent directly to varying sales people who use their own individual systems for tracking their leads within SEM campaigns.
Clearly, this limits the ability of the search engine marketing company to properly allocate ROI to individual web channels. Even if the individual sales people take note of where the individual leads came from, compiling all of that data into something useful can be a bit like herding cats. The client company also can't determine which online sales and marketing initiatives are the most effective to developing SEM campaigns and could therefore unknowingly cut the most profitable initiatives when times are tough. Another consequence is that your sales department could be spending time chasing bad leads from the same sources day after day and not even know it.
Furthermore, when your search engine marketing company is trying to come up with ROI calculations, the math tends to get fuzzy. You and your search engine marketing company are left with vague numbers regarding offline closure rates, value of the average sale, and the like, making any attempt at deriving useful ROI figures a virtual stab in the dark. As you can imagine, such a system does not allow for informed decisions in regard to your individual online initiatives.
Increasing Your SEM Lead Tracking Abilities for Success
As a company, we work very hard to get clients up to at least the workable scenario (#2) in order to prove the value of individual online initiatives and to knowledgably hone SEM campaigns for the best possible return. Even though scenario #3 isn't the most effective and modern way to run a sales department, it is still fairly common. We've had many clients who had very weak tracking elements in place, and, step by step, we've cajoled them into a more uniform and robust tracking system.
Almost invariably, once clients see the impact on their bottom lines through improved lead tracking, they start demanding more and more tracking information and transparency - rightly so. Of course, any good search engine marketing company will be more than happy to oblige.
Prepare for Successful PPC Campaigns Before You Pay for a Single Click
As a PPC management company, we are often called upon to "fix" PPC campaigns that are not performing at an acceptable level (or are not performing, pe...Too Much Traffic? Too Many Leads? Try Search Engine Optimization.
For too many people, including practitioners, search engine optimization has a very strict meaning - acquire rankings, leads and traffic from related keyphrases. However, less traffic from organic searches can be ideal when the site is attracting the wrong kind of traffic, and fewer leads can be ideal when a site is attracting the wrong kinds of leads.Inbound Links for Search Engine Optimization – Do You Deserve Them?
As part of a comprehensive search engine optimization campaign, gaining inbound links to your website is critical. But what exactly does this entail, and how should you most effectively go about gaining these types of valuable links? Although shortcuts seem like an attractive option, these plans often backfire. Such is the case in regard to building quality inbound links to your website as part of your search engine optimization campaign.