How Funnel Ads gets results from the very first campaign
Every company wants to see their budget used effectively, both through an excellent ROI and with the best possible results.
The problem, however, is the vast majority of companies don’t know how to accomplish this, and they continually use the same traditional media methods. In order to achieve the best results, you must use a combination of different digital strategies in order to:
The Funnel Advertising Methodology, created by Cyberclick, can help you achieve these goals. We took the classic conversion funnel from the world of advertising and developed an innovative way of looking at it: by flipping it upside down! Furthermore, we provide suggestions for best marketing actions to take at each stage of the conversion funnel.
What do you get out of it?
The Funnel Advertising methodology aims to impact users through valuable content at the right time and adapt to their needs depending on which phase of the purchase process they are located in. As opposed to traditional planning, the Funnel Ads Method innovates, starting with online marketing actions at the bottom of the funnel (where consumers are closer to the purchase decision) and then continues to grow into the upper stages.
The end goal is that the advertisement causes the consumer to take the desired action, accompanying and leading them until the final conversion.
Concepts to keep in mind:
The implementation of a methodology based on the user’s needs throughout all the different stages of the buying decision process is paramount for getting the maximum performance out of online marketing.
An agent of conventional means would implement a campaign stemming from awareness and would put a lot of emphasis on the TOFU stage because, before having digital 'options', the possibility of directly impacting clients at the bottom end of the conversion funnel simply did not exist. Back then, when one was close to making a purchase decision (BOFU), you could only impact the consumer in a store via the Point of Sale (POS) Display, comprised of display cases, posters or any other elements which may have acted as an advertising messenger. It was difficult then to glean information about clientele until they either showed up at a store or did not. Only then could one know where in the buying process a customer was actually at.
The Funnel Advertising Methodology is characterized by launching campaigns from the part closest to the client conversion, that is, just before the BOFU. When we put emphasis on the Bottom of the (conversion) Funnel, we go directly towards the people who are extremely interested in the company, product or service. These clients have a very clear need and are prone to conversion, hence why they are at the final stages of the purchase. The probability of closing the sale is high within this stage of the Funnel Ads Methodology and, therefore, we pounce on the chance of a achieving a higher conversion rate.
The MOFU and TOFU stages don’t get left to the wayside, rather they are more effective in subsequent, new campaigns, better suited for these stages. From here, one can hunt for new audiences who will be guided down the traditional road towards conversion, passing through all the stages of the Buyer Journey on the way.
We have also devised our own methodology included within the Funnel Advertising system which consists of impacting people, via TOFU and MOFU, who were first impacted at the moment closest to purchase and, subsequently, resulted in a conversion. In this way, customer loyalty and/or the cross-sale is achieved.
In short, we will do an inverted 'climbing' of the funnel in order to continue to grow. We first look for the final client in the BOFU zone so that later we can continue to attract new consumers who have yet to get to know us; they can become interested in us at the Middle and the Top of the Funnel. In this manner of working with the Funnel, ROI will be better and costs can end up being much lower in the medium and long term.