Good news for Trovus this week as we continue to get more recognition for our software which allows marketing managers to see the return on their marketing spend (across all channels).
One of our blogs has been profiles in Growing Business magazine at:
and I was interviewed for a podcast in association with the Institute of Practitioners in Advertising - podcast at:
http://www.redskyvision.com/inside-online/
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Back now from the APS Conference - great response from the collected Accountancy and Professional services firms in Trovus Revelations and some great feedback. Thanks to Brian Coventry and Tim Bennett for APS for giving us the platform to share our ideas.
Back to work again (2 days out means weekend working to catch up) and working hard to drive more web marketing intelligence for our Alcohol Help client. Another busy week ahead - things seem to accelerating well in the run up to Christmas - goal posts for a weeks holiday firmly in the sights!
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Just on the train to Warwick (dont you just love the train at times - quiet, relaxed and a great signal on my remote connection). Off to a 2 day conference where are presenting - the conference is one of our clients who provide practice management systems for accountancy and professional services firms - update to follow on this.
Just also been pinged a note to say that one of my blog entries has been covered in Precision Marketing magazine - focused on why web analytics isnt enough - you need web intelligence - details at Precision Marketing online.
Final thing to mention - one of my big passions in life, sailing… the Vendee race is on at the moment - we are just over a week into it and actively following the race on the Vendee website. Key mention for Jonny Malbon who I know from Global Challenge days is skippering Artemis and is very impressively twittering on a regular basis from mid Atlantic - is there no end to where the web gets now!
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Just picked up we have been quoted in Marketing Direct/ Brand Republic this week..
http://www.brandrepublic.com/MarketingDirect/Features/857871/cookies-custome
always nice to get the references..
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On a regular basis, Trovus wants to give something back to our community by sharing our insights and best practice from case studies and our experiences to help your drive more value by using innovative web marketing ideas.
Finding out who is using your website can lead to many creative ways for creating value for your organisation. There is no prescriptive right way to use this information, so Trovus using Trovus Revelations want to help support you by sharing ideas on creative new marketing initiatives and ways that your organisation could extract value by knowing who is visiting your website and why.
Client Experiences: an SME Software Company - creating a focused Direct Marketing List – target 30 companies, not 3,000!
I spoke with one of our newer clients this week on how they are using Trovus revelations and using the knowledge generated by knowing who is visiting their website.
The first feedback point is that it provided a great number of revelations in terms of understanding exactly who was using their site and why. Prior to this, they had no idea who the users of their site were – it just looked like a large number of users.
The second was they developed a process for creating a highly focused and relevant direct marketing list – there were 4 steps in the process:
Step 1 - they went back over the past month and identified 30 new companies who had been on their site who looked like potential prospects.
Step 2 - they then looked up the relevant contacts in an industry yearbook which identified the relevant decision makers at all those organisations.
Step 3 - They sent tailored letters to all 30 companies focusing on the content each organisation had been looking at.
Step 4 - They then gave them to their tele-marketing company to call them back
Results: So far, one of the companies has responded and has signed up for an Exhibition run by our client, and they are optimistic they will get more.
There are many ways to get value by knowing who is interested in you and your services – we will continue to share our thoughts and client experiences in this new and innovative of marketing from the inside of your website.
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Spotted last week that ebay is predicting a tougher time on the web for retailers coming up to Christmas:http://news.bbc.co.uk/1/hi/business/7673486.stm
Interesting and probably not unsurprising that they are feeling the pinch. They are a great indicator for retail sales although you might expect ebay to have more robust results than the general high street as whatever the high street prices, the inherent mechanism within an auction site should make them cheaper.
However, this doesnt mean that it needs to be bad news for all companies driving value from their web presence, be that selling direct to consumers or selling business to business. The key as always is to differentiate from your competitors. There is still a lot of business out there and the key is to make your web presence work smarter and harder.
In my view, this means driving more intelligence into your web presence - you need to understand exactly how your customers and potential customers are finding you, using your web presence and what behaviours they exhibit before they eventually convert (or not) into actual customers. Its not a time for despair, its an opportunity for those willing to invest in really understanding how the web could work for you and driving more value from your web presence.
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Caspar Craven - Windsor Half Marathon 2008
Just back from running the Windsor Half Marathon. Glorious September sunshine for the race and perfectly organised.
Finished in 1 hour 55 mins which is a little quicker than my previous best in Reading Half Marathon of 2 hours 22 mins.
**Updated 22nd Sept - official time from the Windsor Half Marathon website is 1 hour, 54 mins and 35 seconds, and came in 1466 place, out of around 5,000 runners.
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I am sure there cant be many people who have been able to avoid all the latest news about the banking crisis and in particular the run on HBOS (most likely caused by hedge funds shorting them).
In times such as these with depositors and investors with heightened concerns about their investments, the natural reaction is to start to look around for information on what is going on.
For me personally with deposits at HBOS, I started with the Radio 4 Today programme (lots of sport and not much news), then to the BBC website, the HBOS site itself, Reuters and Interactive Investor. Clearly events are moving quickly and the press havent had time to respond to events so for a period of time, one is in an information vacuum.
As a keen advocate of the power of the web, I am then tempted to look to the web and blogs to get the latest information. In this case, it seems that events are moving too fast even for the blogosphere as I can find no relevant blogs (at least by 910 am).
By 9:31, the latest information (other than a sea of red falling prices on Interactive Investor) is a story on the BBC that Lloyds are in talks to buy HBOS at levels of around £3 a share:
http://news.bbc.co.uk/1/hi/business/7620483.stm
Whether this is true or not is clearly up for debate - its rumour at this stage and you wonder whether it is a story put out there to stabilise the market.
What occurs to me through all this is the information vacuum and you wonder whether the use of blogging and the web could help fill this information vacuum and help to re-assure depositors and investors around what is going on. I looked at the HBOS site on the Investor Relations page just now and could see no updates or re-assurance.
Clearly, I appreciate this has just happened to them and they are I am sure busy working out how to respond.
Surely though, in these troubled times, these are the eventualities that the Investor Relations and Communcations teams consider. Why not engage through everyones primary channel these days ie the web and keep concerned investors and depositors updated through a blog, information updates and so on.
The danger otherwise is that people in search of information turn to less reliable sources on the web - nothing could possibly fan the flames of concern faster than a number of blogs spreading rumour and fear …especially if hedge funds and the like were to get behind them
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Just a quick one…we’ve been getting a great press response to our Launch…select articles below where we have been profiled so far:
SME Web (this is actually a blog I wrote for SME Web)
Great to get such a good response and some nice write ups from Brand Republic and Net Imperative.
More to come hopefully : )
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Quick note to say we have now formally launched Trovus Revelations …details below:
Thursday 11th September 2008, Web ROI specialist, Trovus today launches a new web analytics tool called Trovus Revelations™, to deliver high-value, ‘who & why’ information about activity on a website in real-time while simultaneously protecting the privacy of web users accessing the site. The tool is especially useful in helping marketers to identify and exploit online interest and unconverted sales from specific companies, potentially enabling businesses to maximize possible sales in the current economic climate.
Trovus Revelations™ tracks and logs key information such as the source domain (and therefore company identity) of individuals accessing an organisation’s website even if they do not register on the site, how the user found the site (e.g. Google search, including search terms), which pages they viewed on the site and how long they spent on those pages. A report is provided through a secure portal in a clear, simple layout that enables marketers to easily identify the organisations that could prove serious sales prospects for specific product or service offerings. The data also highlights whether the business’ current marketing strategy is generating interest from the right target markets.
Unlike traditional monitoring tools, Trovus Revelations™ provides simple, intuitive, real time information for non-technical users. This knowledge enables a rapid turnaround between the potential customer accessing the site, the marketer identifying that interest and the business being empowered to take action.
The new tool is being marketed at small to medium enterprises and provides an affordable way to enhance online sales and marketing efforts and deliver real-time marketing intelligence on specific sales opportunities that can be leveraged on or off-line.
Caspar Craven, Co-founder and Director of Trovus, explains: “With Trovus Revelations™, you can really target your online marketing efforts and interaction with customers and prospects. Our data arms sales and marketing teams with real intelligence on how their customers and prospects are responding to their messages or promotions – by providing the who and why data.
“Many businesses still rely on services like Google Analytics to track activity on their website. While such top-level analytics play a role in the online marketing mix, they do not offer the type of detailed, qualitative data that tells you which companies have been viewing your website and what they might be interested in buying. That data – available through Trovus Revelations™ - offers SME’s the knowledge that enables them to turn browsers into buyers and interest into real revenue. Our system delivers this information online, in real time and in an easy to read format, at an affordable price.”
For an online demonstration or a 14 days free trial please visit www.trovus.co.uk
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