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	<title>Comments on: Big Learnin&#039; In Texas</title>
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	<description>Helping Small Business Owners Do More With Less</description>
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		<title>By: Rob Long</title>
		<link>http://www.thedailyblur.com/big-learnin-in-texas/comment-page-1/#comment-214</link>
		<dc:creator>Rob Long</dc:creator>
		<pubDate>Wed, 24 Feb 2010 17:59:54 +0000</pubDate>
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		<description>Tim:

Welcome back to Austin -- happy we could find the sun for you, if not the heater.  Sounds like a fun get-together y&#039;all are having on Wiz campus (I&#039;m a local alum).

Below, 1 question &amp; 2 &#039;what&#039;s workings&#039; (edit: sorry for length).

- Question: Are your 7 biz owners tracking initial lead source and last lead source?  What I mean is: There&#039;s a term in geeky mkt&#039;ing circles. &quot;Last click revenue&quot; -- e.g. many of your google leads began life as dead-tree (or radio, or WOM) leads.  Always-on-network means when folks hear your message, they are more apt to 1) google 2) yelp 3) text-a-friend 4) or even social media before making the decision to visit and/or buy.  Makes tracking revenue back to initial ad cost (or word of mouth spark) darn hard. I&#039;ve solved some of this with dynamic 800#&#039;s, but I&#039;d sure be curious how you and your partners&#039; big brains approach this re: ROI calcs.

- What&#039;s working (1): Likely a couple of your 7 biz owners are generating leads via the web. Might have &#039;em test live-chat. With rise of chat on Facebook (and other social/retail sites), web chat acceptance has &#039;tipped&#039; (especially for % of prospects loathe to talk on telly).  One client who sells via inbound calls, saw 35% bump by using chat invite (in a 40yr+ demographic).  Bonus: reps are able to handle multiple chats vs. a single phone call.  Example: http://www.rackspace.com/index.php &amp; wait 10 seconds or so.

- What&#039;s working (2): Email segmentation. One client sees 5% clickthru rate on general monthly promo email blasts.  Segmenting the email list and offering promos on products based on client click history, sales history or geography sees click rates of 20% or more.  Basic, but I see very few business owners segmenting emails (even worse, many don&#039;t email regularly at all).

Anywho, a few rabbit holes. Enjoy ATX!</description>
		<content:encoded><![CDATA[<p>Tim:</p>
<p>Welcome back to Austin &#8212; happy we could find the sun for you, if not the heater.  Sounds like a fun get-together y&#8217;all are having on Wiz campus (I&#8217;m a local alum).</p>
<p>Below, 1 question &amp; 2 &#8216;what&#8217;s workings&#8217; (edit: sorry for length).</p>
<p>- Question: Are your 7 biz owners tracking initial lead source and last lead source?  What I mean is: There&#8217;s a term in geeky mkt&#8217;ing circles. &#8220;Last click revenue&#8221; &#8212; e.g. many of your google leads began life as dead-tree (or radio, or WOM) leads.  Always-on-network means when folks hear your message, they are more apt to 1) google 2) yelp 3) text-a-friend 4) or even social media before making the decision to visit and/or buy.  Makes tracking revenue back to initial ad cost (or word of mouth spark) darn hard. I&#8217;ve solved some of this with dynamic 800#&#8217;s, but I&#8217;d sure be curious how you and your partners&#8217; big brains approach this re: ROI calcs.</p>
<p>- What&#8217;s working (1): Likely a couple of your 7 biz owners are generating leads via the web. Might have &#8216;em test live-chat. With rise of chat on Facebook (and other social/retail sites), web chat acceptance has &#8216;tipped&#8217; (especially for % of prospects loathe to talk on telly).  One client who sells via inbound calls, saw 35% bump by using chat invite (in a 40yr+ demographic).  Bonus: reps are able to handle multiple chats vs. a single phone call.  Example: <a href="http://www.rackspace.com/index.php" rel="nofollow">http://www.rackspace.com/index.php</a> &amp; wait 10 seconds or so.</p>
<p>- What&#8217;s working (2): Email segmentation. One client sees 5% clickthru rate on general monthly promo email blasts.  Segmenting the email list and offering promos on products based on client click history, sales history or geography sees click rates of 20% or more.  Basic, but I see very few business owners segmenting emails (even worse, many don&#8217;t email regularly at all).</p>
<p>Anywho, a few rabbit holes. Enjoy ATX!</p>
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