LeadsCon Las Vegas 2017 Speaker Slides Competitive Call Distribution Panel

  

Delight Consumers and Increase Call Marketing Profitability for Publishers, Aggregators and Advertisers with Competitive Call Distribution

 

Premise

To efficiently run a Pay Per Call campaign, you need connect the lead with a salesperson who can educate that customer as quickly as possible

 

Key Takeaways
  • Pay-per-call: the drop points where you lose money
  • Competitive call distribution: reduce the failure points
  • Financial gains for the call marketing ecosystem

 

Panelists
  • Stan Bonnemort
    Director of Business Development, Progrexion
  • Jeff Fisher
    Founder, Above the Fold Media
  • Eric Evans
    CEO, HyperTarget Marketing
  • Adam Sthay
    CEO, Pub Club Leads
  • Joe Charlson
    CEO, CallerReady

 

How does pay per call work
  1. Generate call
  2. Route call to Call Buyer. Traditionally, only the call is only offered to 1 buyer
  3. Buyer pays marketing company if call lasts X-seconds

 

Best situation
  1. Everyone is qualified
  2. Users understand the offer
  3. Buyer quickly acknowledges the customer is qualified and helps them with a solution

 

Best situation
Everyone gets paid
  1. Marketer pays publisher/affiliate
  2. Call Buyer pays Marketer
  3. Customer pays Call Buyer

 

What can go wrong?

Mismatch in supply of calls and capacity – caller reaches long hold queue and hangs up

 

What can go wrong?
Wasted Calls – Friction

Advertiser doesn’t want to pay for calls they don’t handle

  • Queue hangs up at 55-seconds
  • Someone has paid to generate that call

 

What can go wrong?
Time researching and pricing

Performance marketer has to research more calls and likely will need to increase price to account for breakage

 

What can go wrong?

Caller doesn’t understand the offer -> advertisers complain and the qualification is a brutal

 

So how do we qualify

Ads
Forms
IVR
Qualify and Transfer Reps

 

What can go wrong?
Qualification->Caller Fatigue

But if you pass through all this qualification, your patience for a hold queue is negligible

 

  

And if we have been pursuing you with an automated connection system, your patience may be even less

 

Pay Per Call Economics 100
Example with no caller fatigue breakage        
  Cost to Generate a lead Cost to Qualify via Phone IVR Cost Per Lead with Marketer Qualification Contact Percentage Qualification Percentage Net passed through to Buyer Marketer’s cost to deliver call to Advertiser
inbound Phone Lead $5.00 $0.15 $5.15 100% 40.0% 40% $12.88
Form-fill Data Lead $2.50 $0.50 $3.00 60% 60.0% 36% $8.33

 

Pay Per Call Economics 200
Example with no caller fatigue breakage    
  Cost to Generate a lead Marketer’s cost to deliver call to Advertiser Percentage that the Advertiser answers prior to callerr hanging up Advertiser Qualification Cost Per Billable Call
inbound Phone Lead $5.00 $12.88 100% 70% $18.39
Form-fill Data Lead $2.50 $8.33 100% 70% $11.90

 

Pay Per Call Economics 300
Drill-down on the impact caller form hold queues  
Costa per Billable Call for Marketer Percentage that the Advertiser handles prior to caller hanging up Advertiser Qualification Cost Per Billable Margin at fixed price of $36 Sale Price Required to maintain 40% gross margin
$15.00 100% 70% $21.43 40% $35.71
$15.00 90% 70% $23.81 34% $39.68
$15.00 80% 70% $26.79 26% $44.64
$15.00 70% 70% $30.61 15% $61.02
$15.00 60% 70% $35.71 1% $59.52
$15.00 50% 70% $42.86 -19% $71.43

 

How do we
ensure a connection
  • Restrict Call Volume
    Control the rate of calls to some fraction of probable capacity
  • Contingency plans
    Price the breakage in Intelligent Abandonment Overflow to additional buyers

 

Better way
Competitive Call Distribution
  • Offer the calls to multiple potential buyers of the call
  • Run a speed-to-press 1 competition among buyers who are should be available
  • Handicap the buyers based on Effective Price Per Awarded Call
Better way
  • Human to human connection as fast as possible
  • Better emotional quotient
  • Makes everyone more accountable
  • Agents hear the stream of business

 

Challenges
  • Managing multiple buyers per campaign
  • “I don’t want my agents to have to press any key”
  • “I can’t win enough calls – I keep losing”

 

Panelists
  • Stan Bonnemort
    Director of Business Development, Progrexion
  • Jeff Fisher
    Founder, Above the Fold Media
  • Jeff Fisher
    Founder, Above the Fold Media
  • Eric Evans
    CEO, HyperTarget Marketing
  • Adam Sthay
    CEO, Pub Club Leads
  • Joe Charlson
    CEO, CallerReady