Action Nugget: August 2011

Tuesday, August 30, 2011

Client: "I'd like a 300% increase in registrations through my app please."

Action Nugget: "No problem."

This is where the magic happens, where the rubber hits the road.

We work with some pretty cool clients, including a Portland-based health and fitness company. They have a suh-weet iPhone fitness app. Then this happened.

1. Action Nugget identified the issue - low registration rate via the app. 
One of the goals of launching the app was to increase user profile registrations. Tons of people were using the app but only around 1% of users was registering.

2. We then isolated the cause.
Basically, there was no compelling reason to sign up. Originally, the agency that produced the app hoped that being able to save your activity into a profile would be a compelling enough reason to register but most users were happy to just use the app without setting up a profile.

3. Then came insights - the suggestions for improvement.
Even though most marketers are afraid of data, it speaks volumes for how high quality content compels people to sign up and even pay for stuff. NY Times has seen 300k web-only paid subscribers since they launched their 'paywall'.

4. The Action Nugget.
We recommended that the client create exclusive content that you can only get if you register, in this case exclusive workout videos. It's called a reg-wall, where you have to register to get through the wall to the content. (We may have invented the word 'reg-wall').

5. The results.
Check it out. The numbers speak for themselves. 



Every little bit helps and it's the actionable little digestible delicious usable helping hands that make the difference.

'Action Nuggets', we call them.


Thursday, August 25, 2011

Putting a $ Value on your Digital Brand Minutes (Part 2 of DBM Series)

In our last Digital Brand Minute post, we talked about using DBMs to compare the impact of various digital marketing channels.

So how do you put a dollar value on each of those Facebook impressions/website minutes/email opens/retweets once they're converted into Digital Brand Minutes?

Here's how.

Figure out what it would cost to buy the same volume of minutes on hulu.com.


According to this article, '[30 second] Television broadcast ads during The Simpsons cost $20-$40 per thousand viewers. On the web, the rate jumps to $60 [CPM].'

Basically, 30 digital brand seconds are worth 6 cents ($60 CPM /1000).
That's it.
Web Statistics