Chatbot Marketing | Booking a Hotel

loyalty loop Mar 25, 2020

Don’t you just love a good customer conversation? It’s the perfect opportunity to connect, to serve, to help, and yes, it’s your chance to sell.

And according to the experts, this is the year it’s all going to get a whole lot easier as chatbots take over the conversations, freeing up your time and cutting your customer support costs.

Only, those of you that caught the last two episodes of Chatbot Theater know that it’s not as simple as that...

You see, the real benefit of chatbots is that — in theory — they’re able to simulate and process human conversation so well, you feel like you’re communicating with a real life person.

But over the past two weeks I’ve been hanging out with my comedy improv heroes, Free Tacos, and they’ve been performing scripts of actual chatbot conversations.

And the results haven’t been spectacular

On a scale of 1-10, where 1 is super-robot-like, and 10 is totally-believable-human, I...

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Chatbot Marketing | We Make Bots!

loyalty loop Mar 18, 2020

Chatbots are billed as one of THE hottest developments in marketing right now. Yup, by the end of the year we’ll all be using them, our sales will be off the charts, and we’ll save a whole bunch of cash on our customer support services.

And why do chatbots supposedly work so well? Because they’re so gosh darn realistic, that’s why. You’ll feel like you’re communicating with an actual real life person, one who gets your needs and can hook you up with exactly what you need.

But do they really live up to the hype? Well, if you caught last week’s episode you’ll have seen that some of them have a long way still to go.

Will the examples in part 2 do any better? Let’s find out!

I’m still here in the Doghouse Theater in Del Ray Beach, Florida with Free Tacos. You’ll remember from last week that the Doghouse Theater is usually packed with paying customers who want to see an improv comedy show — so no scripts. But...

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Chatbot marketing | Let's make an appointment!

loyalty loop Mar 11, 2020

Chatbots: they’re all the rage and according to the experts even those of you who haven’t embraced the tech yet will be using them by the end of this year.

And why not?

If you go with the textbook definition of a chatbot, these computer programs simulate and process human conversation so well that they allow us to interact with digital devices as if we were communicating with a real person. And they can apparently save businesses as much as 30% on their customer support costs.

At least, that’s the promise. But I’m wondering whether they actually live up to the hype.

The Experiment

Well, to find out, I’ve decided to conduct an experiment. I’ve come to the Doghouse Theater in Delray Beach, Florida, a place usually packed with people who have come to see an improv comedy show, totally improvised, with no scripts. And I’ve persuaded Rebecca and Catherine of comedy duo, Free Tacos, to ditch the improv for the night and use a script.

And no, I...

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Who is NOT your customer... and why it's more important than who is

loyalty loop Feb 26, 2020

Hey Loyalty Loopers, I’d like you to try something for me.

Close your eyes for a moment and picture your ideal customer.

Easy, right? You’ve spent God only knows how many hours conjuring your client avatar — you know their name, what they look like, how they spend their spare time, heck, you’re pretty sure you know how much milk they like to pour on their cereal in the morning.

Because every marketing person EVER has told you that this is the way to achieve business success.

But have you ever stopped to think about the people who aren’t your customers? The people who will never be your customers; the ones you simply don’t want to do business with?

Well, there’s at least one entrepreneur I know of who did exactly that. And by identifying (very specifically!) his anti-customer, he boosted his bank account by a cool $620,000.

Back in black 

Meet Stuart Semple, an artist who loves to mix his own colors. If you’re artistically...

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Why your website isn't speaking your prospects' language!

loyalty loop Feb 19, 2020

Less than half a second — that’s how long it took me to figure out how to get millions of people to switch from a big bank to a credit union.

Now, that could be because I’m a bona fide marketing genius…or it could just be because every financial institute ever seems to be making the same really obvious mistake: they’ve forgotten to think about their prospects’ pre-commitment crucial concern.

The pre-commitment crucial concern

Every single prospect has one and there's no getting past it. It’s the concern they have even before they engage with your brand, before they fill out your online forms, before they pick up their phone to call you. And how you deal with it determines whether they’ll turn from prospect to customer — or whether they’ll just walk away.

And what I discovered when I started looking around for a new bank, is that no financial institution seems to have the first clue what their prospects’ concern is,...

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Website competition | Are you losing out to yours?

loyalty loop Feb 12, 2020

Who do you trust to look after your money?

You might remember that’s the question I asked you all a few weeks back. You see, I want to switch banks and the whole process tends to be such a pain in the ass I want to make sure I make the right choice so I don’t have to go through it all again anytime soon.

But you guys threw me a curveball: tons of you suggested that I should check out a credit union.

Switching to a credit union wasn’t entirely on my radar but because so many of you are so passionate about the personalized experience you get from your credit unions, I figured I should at least take a look. And as soon as I did, I realized exactly why a credit union hadn’t been an obvious choice to begin with.

You see, by and large, credit unions are suffering from a serious marketing problem. It’s a problem that means that they’re losing tons of business to their perceived competition — and if you’re not careful it’s something...

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Marketing Makeover | Part 3

loyalty loop Feb 05, 2020

How do you turn a vaguely interested sign up into a super fan? Heck, how do you even get them on a sales call?

If you caught parts 1 and 2 of my real-life marketing makeover, you’ll know those are the questions our two guinea pigs, Courtney from Vidyard and Annette from Aprimo, have been wrestling with.

You see, I was that vaguely interested sign up. I checked out their websites, I filled in a gazillion forms and then they hit me with their follow up emails.

Both of which…kinda sucked. Sorry, Courtney and Annette!

Last week, we discovered exactly where they were going wrong. Both of these ladies had forgotten one vital part of the marketing puzzle:

 

The crucial concern

Every time your prospect fills out an online form, they’re executing a moment of commitment. They’re trading data for information and every time they do so, a crucial concern wells up in the back of their mind. And if you want to build trust with your consumers, you have to address this...

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Marketing Makeover | Part 2

loyalty loop Jan 29, 2020

What happens when you sign up for a free software trial, webinar, or demo?

If you caught last week’s episode of the Loyalty Loop you’ll know that signing up for anything means you’ll be hit with a ton of follow up emails, mostly begging you to arrange a call with a sales rep.

And most of the time, consumers just hit delete — or unsubscribe.

So, as sales people or marketers, how do we get people to actually follow up and purchase our software? Or at least agree to a call?

To find out, I’m doing a real-life marketing makeover for two brave companies that have agreed to let me dissect — and improve! —their marketing campaigns. Here, in part 2, I’m going to uncover the ONE thing they can change immediately, to have the biggest impact on the prospect’s experience.

Where to begin…?

In last week’s post I asked you guys to chime in with your ideas for how Courtney from Vidyard and Annette from Aprimo could improve their...

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Marketing Makeover | Part 1

loyalty loop Jan 22, 2020

You know what’s going to happen as soon as you sign up for a free software trial, demo, or webinar, right? You’re going to get hit with at least a hundred emails and a dozen phone calls from eager marketers, all desperate to talk you into a sale. 

And I know, because in the last two years I’ve signed up to 140 of them!

But how many of these calls and emails actually work? Well, not that many because there are usually at least 4 glaring issues with each and every one of the marketing tactics they’re using. 

Over the next 3 posts, I’m going to help a couple of real-life sales people uncover these issues and give their marketing campaigns a bit of a makeover so they can deliver bigger, better results.

And because I’m writing this from Napa, California, I’m going to start with a wine analogy...

Why your website is like a sleeping vine

It's winter here in Napa Valley. And every one of the vines here are dormant, they’re sound...

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Most talked about marketing campaigns | Brilliant or stupid?

loyalty loop Jan 15, 2020

Ever watch an ad and find yourself thinking, “huh?”, even though you know all of your buddies love it? Or absolutely cracking up at a “genius” marketing campaign only to find the rest of the world up in arms about it?

All the damn time, right?

Because that’s the thing about great marketing: it can divide us, make us think, cause debates, and apparently inspire awesome new YouTube shows such as the one linked right here.

So here’s how it works. Dean Shaw and I, Andrew Davis, are going to take a whole bunch of our favorite/most hated ads and marketing campaigns and try to decide whether they’re brilliant…or stupid. Then we want you awesome folks to chime in and let us know whether or not you agree, and why.

First up: Peloton

You’ve heard of Peloton, right? You must have because, man, that ad was all over the place all through the holidays. And Peloton got a ton of heat for it because a whole bunch of viewers (and by that we mean...

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