A steady stream of business leads is essential for the operation of your company. However, leads don’t just appear out of nowhere. To snatch business leads from the hands of competitors, you must go the extra mile. Or, in other words, you require exceptional lead generation strategies to accumulate leads in your sales funnel and nurture them for conversion. In this blog post, we will elaborate on seven bulletproof lead generation strategies that are both innovative and time-tested (use the Contents List on the right to quick-jump to the one you’re interested in): Referrals Interactive content Email marketing Wording that sells Psychological triggers Lead management software Buying business leads Continue reading to discover businesses’ lead generation strategies and how to find leads for business without jeopardising your reputation or long-term success. 1. Ask for Referrals One of the top strategies to get leads in marketing is to implement a referral program. Not only do 84% of consumers look for personal recommendations before making a purchase but referred customers are 400% more likely to suggest other customers and 18% more loyal. Increasing exposure, high-intent business leads, and, ultimately, more sales are all outcomes of referral traffic. To ensure the success of your lead generation strategy, it is essential to cultivate trusting relationships with your consumers, regardless of whether you collect leads organically or through a referral program. Establishing authority and trust is feasible, as only approximately 61% of people have confidence in their companies, making it possible to outpace 39% of competitors. Leveraging the power of social networks and incentives to connect new business leads— a referral program must be profitable for referrals — are the keys to referral success. Facebook, YouTube, and Twitter annually generate more than two billion transitions to e-commerce websites. E-Commerce Websites’ Most Popular Social Media Platforms for Referral Traffic: Characteristic Volume of traffic in million visits Traffic share Facebook 1,078.74 47.87% YouTube 551.31 24.46% Twitter 218.66 9.7% Reddit 166.3 7.38% Pinterest 121.78 5.4% Instagram 68.7 3.05% LinkedIn 29.37 1.3% GitHub 4.02 0.18% StackOverflow 3.94 0.17% Fetlife 3.1 0.14% Tumblr 2.9 0.13% Classmates.com 2.31 0.1% Hacker News 0.79 0.04% In order to avoid appearing desperate, refrain from promoting your referral program in every correspondence. Instead, adhere to a well-defined content plan, prioritise clients who are referral-prone, and ensure that your offer is financially feasible, clear, and direct. A 10% bonus on the referred customer’s purchase should suffice to pique interest. 2. Involve Business Leads With Interactive Content Price calculators, quizzes, interactive content, animated infographics, and contests generate significantly more business leads than uninteresting content. However, even simple visualisations efficiently generate leads through 60,000 times quicker perception than plain text. There were more than 5.4 million social interactions from the most popular quiz! Nearly one-third of leads are captured by regular quizzes, which is ten times more than email letters. To get the greatest results, keep your quiz brief (no more than 20 questions), straightforward, relevant to the reader, and coherently structured (maintain the same number of responses throughout the quiz). Source: Explodingtopics Polls, surveys, and stories are examples of interactive content that can offer invaluable customer insights, enabling you to segment your audience better and tailor their experiences. 3. Leverage Email Marketing From awareness to consideration to conversion, a segmented email sales funnel will enable you to generate an increased number of leads. Because segmented email campaigns generate 760% more income, it is imperative to tailor content to people at various email marketing funnel phases. Source: Statista Stage 1. Awareness During this phase, you will require guides, pricing calculators, and other beneficial information that strengthens your relationships and highlights the benefits of your product in a natural manner. At the awareness stage, avoid aggressive selling since it will frighten away more clients than it will convert. Stage 2. Consideration As strangers transition into high-intent business leads, you may offer them tutorials, testimonials, free webinars, and reinforcing content. One of the most effective new lead generation strategies is AMP emails. By moving the action to the body of the email, such as checking for available seats, booking an appointment, or buying on the spot. AMP emails boost conversion by around 10%. Stage 3. Conversion A phone call or other cross-channel strategy is required for those who need a final push. In order to increase conversion of email leads, provide incentives and explain why your product is the best choice for both immediate relief and long-term happiness. Two Steps to Make an Effective Email Sales Funnel Step 1. Map Out the Client Journey It will be possible to distribute your email marketing resources effectively by utilising a visual representation of the sales process. Begin by identifying all possible touchpoints and the actions that customers may take at these touchpoints in order to draw a customer journey map. Source: Conceptdraw Valuable insights into customers’ behaviour throughout the sales funnel and how to enhance your service to generate and convert more email business leads can be accessed through a well-designed customer journey map. Step 2. Access Email Lead Sources Use your online presence to redirect people to your newsletter through strategically placed opt-in forms, including site covers, pop-ups, exit forms, embedded forms, and side-ins. This can be achieved through a dedicated landing page, social networks, or podcasts. At all costs, refrain from unsolicited messages. Last but not least, to send the correct messages to the right people at the right time, leverage email marketing automation. With a projected compound annual growth rate (CAGR) of roughly 10% every year, email automation is becoming more relevant for both medium and large enterprises. 4. Focus On Words That Encourage Purchases Not every word has the same marketing power. Some words and phrases can elicit a strong emotional response, such as fear of missing out or a sense of urgency. For example, “limited” and “free” suggest scarcity; “guarantee” and “sale” evoke a sense of opportunity and security; “the last of its kind” and “exclusive” make the product look desirable. Source: Contactpigeon Business behemoths have known for a long time how powerful emotional triggers can be: To remind customers of the importance of being a loyal client, Amazon uses “Prime” in its membership plans. Apple emphasises its technological advancements and superiority over the competition by employing the terms “MacBook Pro,” “iPad Air,” and “AirPods.” To stand apart from other coffee shops and appeal to the environmentally-conscious demographic, Starbucks sprinkles “fair trade,” “slow brew,” and “cold brew” in its marketing campaigns. 5. Appeal to the Psyche of Leads Considering that in the UK, approximately a third of consumers make impulse purchases when shopping, the right sales psychology can grow your bottom line exponentially. To secure more purchases, use subtle psychological triggers rather than just impressing customers with discounts and offers. Source: Statista Emotional Triggers for Producing Business Leads Fear of Being Left Out Offering your customers exclusive discounts and limited-time offers that they won’t discover elsewhere could compel them to take immediate action. In addition to enhancing brand recognition and motivating newly obtained leads to take action, the creation of urgency around products and services, particularly on social media, will generate additional business leads. Source: Financesonline Aversion to Loss Did you know that people value losses 2.25 times more than similar gains? Despite the fact that the coefficient is contingent upon numerous individual factors, such as the industry and the buyer’s persona, customers will typically react more strongly to the possibility of losing $100 than they would to earn the same amount. You would need to double or even triple the loot to achieve the same result! Source: Fqmom Stressing the possible consequences of delaying action is the essence of using loss aversion. For instance, you might say, “Register now to avoid losing $500 worth of the product,” or offer a limited-time version so your customers can understand how much they might lose. Social Proof People often emulate the actions of others to mimic the perceived correct behaviour, which results in a preference for products that are used by others. When customers observe others engaging with a brand, they are more inclined to engage themselves because they have confidence in the third-party evaluation of the brand. Social proof is primarily based on the opinion of your company and products, rendering reviews and testimonials a powerful tool for generating leads: Your website’s traffic can be increased by up to 45% by having testimonials. A 30% increase in customer expenditure can be achieved through flawless reviews. To build trust and eliminate the necessity for independent research as an opinion-shaping factor, it is essential to have influencers and experts who can attest to your credibility, in addition to reviews and testimonials. Source: Financesonline Reciprocity When your friend purchases a coffee for you, you are inclined to reciprocate every time, are you not? A cognitive bias that is well-known is reciprocity, which is based on our perception of fairness as a social norm. Our natural tendency is to give value back when we get value. To encourage reciprocity, offer a discounted price or a free trial to allow your business leads to experience the product’s value and then use a follow–up to secure conversions. Source: Drip Another way of utilising reciprocity is to implement a referral program with a 10% discount for referring three or five friends. Starting the referral chain reaction may result in an exponential increase in the success of your lead generation endeavours. Learn three additional ways to prepare your business leads using the power of reciprocity. Endowment Endowment bias is feeling a stronger attachment to an item you possess than to ones you don’t. For instance, you may provide an exclusive deal to a specific type of customer that they are unable to obtain from another company. This will make them feel like they’re part of a privileged group and give them a strong sense of ownership over the product. 6. Get Business Leads From Lead Providers Buying leads may not appear to be the optimal lead generation marketing strategy, as you may prefer to rely on your own capabilities rather than a third-party company or affiliate network that you must trust to provide timely leads. However, purchasing business leads may be an option if you require progress quickly, your pipeline is depleted, or you are launching a campaign that necessitates special leads that you are unable to generate. But most importantly, purchasing business leads is an effective strategy for diversifying lead generation. Source: Fitsmallbusiness 7. Automate Your Lead Generation Process There is no logic to winning the lead generation battle if you can’t get newly acquired leads to be effectively managed. And you are not alone: 65% of businesses struggle to harness their leads and are in search of automation solutions to alleviate the pain. The good news is that lead management solutions, like Phonexa’s LMS Sync, are widely available on the market. By integrating lead analytics, lead distribution, lead tracking, and real-time reporting, LMS Sync automates the lead generation process from A to Z and unlocks valuable customer insights, covering the entire lead management cycle from the first ad display to conversion. Phonexa brings it all together for you to optimise your lead generation strategies. Book a demo to learn how Phonexa’s comprehensive marketing automation suite can assist you in generating and converting a greater number of business leads. Frequently Asked Questions Exactly what is a business lead? Business leads are individuals who have demonstrated interest in your product by completing a website form, for instance and have the potential to become paying customers. Essentially, the term “business lead” is the same as a “lead.” What is the difference between marketing-qualified leads (MQL), information-qualified leads (IQL), and sales-qualified leads (SQL)? – A marketing-qualified lead (MQL) is a potential customer who satisfies specific criteria that have been predetermined by your marketing team, such as psychographics, demographics, purchase history, etc. – An information-qualified lead (IQL) is a potential customer who has agreed to provide personal information in exchange for value, such as an email address for a free subscription. – A sales-qualified lead (SQL) is a lead that meets the criteria of your sales team, such as the level of interest in your product or company and is prepared for conversion into a paying customer. Read additional information about how to qualify business leads effectively. What are the most critical business leads? Due to proximity to a purchase, high-intent business leads (SQL leads) are the most important. Low-intent business leads, on the other hand, need significant nurturing via marketing and communications messages. What is a strategy for generating leads? A lead generation strategy is a collection of tools and techniques designed to generate interest in your business, move leads through your sales funnel, and convert them into brand advocates and paying customers. How can I increase the number of business leads for my company? Make your lead-generating strategies revolve around your unique value proposition. Explain the advantages of your product and provide a detailed explanation of how it resolves the issue in a manner that is not possible for other brands. By integrating a variety of lead generation strategies, including pay-per-click advertising, search engine optimisation, and pay-per-lead marketing, you can then utilise Phonexa’s lead analytics software to differentiate the wheat from the chaff.
Marketing approaches and strategies keep on changing, becoming more flexible and diverse. Businesses must be agile to invent new marketing campaign concepts and implement innovative strategies to perform better than competitors. In some cases, it means combining several strategies to reach their marketing goals: get customers’ attention, bring in more high-intent leads, receive required data, and track incoming and outgoing calls effectively. No doubt, mobile telephones and their increasing popularity have made call location tracking more sophisticated and commonly used than ever before. Just think about it: what used to be considered a privilege for law enforcement personnel has now become available for business owners, marketers, call centres, and sales managers. One of the modern call tracking approaches combines trackable phone numbers, location-based tracking and dynamic tracking. The biggest value here is that the companies can close the gap between their offline and online customer experiences, remain creative with their digital activities, and obtain exact data on the performance of the campaigns. If you are interested in using call location tracking and implementing telephone number tracking for your business, you’ll get it here. This article will discuss all you need to know about call tracking, location-based tracking, and what benefits it brings for businesses. How To Track a Phone Call Location For business purposes, call location tracking can get you valuable data about the callers and, most importantly, the source where they found the number they dialled. However, it’s important to acknowledge that while it is possible to discover an app or service that allows people to search for the location of a phone number, doing so may have major privacy implications and consequences. So here, you’ll get detailed information on how to track a call efficiently and correctly. If you’ve missed our recent article on new consumer data regulations, explaining how to access and process sensitive information, check it out here. In this post, an essential topic for companies will be discussed: how to track a call lawfully and get the required information to improve marketing and sales tactics using the right tools. Build your plan now, or take a product tour to learn more about Phonexa’s eight-in-one solution for partner and performance marketing. The Use of Location-Based Tracking Businesses of all sizes and industries must understand how to track a call. Using technology like GPS, store locators, Wi-Fi, QR codes, and more, location-based marketing can assist businesses in monitoring the movements of local clients and callers. To operate properly, every mobile device must communicate with other devices and hubs, including towers, routers, and satellites. Devices can cross-reference their exact location since they ping several communication hubs. As a result, companies can use various call location tracking tools and techniques to locate a phone number precisely. Location-based tracking is a strategy for connecting opted-in, privacy-compliant smartphone location data to locations of interest, such as grocery stores or shopping malls. This data can be further used by marketers to create location-specific audiences. Furthermore, it enables the targeting of certain audiences to supply them with more relevant adverts and content. As a part of location-based strategy, brands can use the following techniques: GPS This function allows the device to communicate with at least four satellites. Satellites rely on signal delay to establish where the signal originated. This mechanism enables mobile devices to identify the position of consumers or calls and deliver turn-by-turn navigation. Wi-Fi Each network has its IP address that informs the rest of the web network where it is, and that data will be transferred across the infrastructure. So, as soon as the device connects to a Wi-Fi network, the prone will pair with the network’s physical IP address, allowing it to track the phone number location or a caller’s current location. Store locator A website or app feature enables users to locate specific physical retail shops, businesses, or other organisations with physical locations they may need to visit. For example, Facebook offers to include the same functionality in the brands’ instant forms for lead ads. This allows them to identify customers who are more likely to convert in a certain location. QR codes Once the user scans the QR code, the info about the scan is saved. After that, the physical location of the QR code, as well as the location of the potential customer, can be recorded. There is no doubt that location-based tracking is an efficient tool for retailers, local restaurants or other small businesses. However, it cannot be treated as a comprehensive tracking solution as it only collects some of the crucial customer data. However, using call tracking software or even an all-in-one marketing automation solution can bring more benefits to brands. They will get more insights into phone conversations, tap into interactions with customers, identify a call location, and trace the number location in a few minutes. So, let’s look closely at what a call tracking solution is and how it can boost sales and business growth. What Is Call Tracking? Brands need to understand how they can track call locations and have the ability to get and access crucial call information. Call tracking solutions help marketers monitor phone calls and receive and store data from call conversations with clients. Later, this information will help to check which marketing strategy or campaign triggered every call and what the call’s result was. For instance, if you dial a company number that uses call tracking, they can easily identify which ads, web pages, and even keywords motivated you to make a call. When the consumer is on the phone, businesses can employ conversational analytics to examine spoken words and identify whether callers purchased something, received a quote, or scheduled an appointment. To increase the number of high-quality leads and high-intent customers that call, brands can utilise the data to optimise web pages, paid advertisements, social media campaigns, and other digital output. Marketers can use dynamic call tracking to route calls to the endpoint (usually a contact centre) and assign distinct phone numbers to each product, ad, region, or any other segment they choose. Additionally, it facilitates transforming a trackable phone number into a referral source that tracks and evaluates quality leads. How To Set Up Call Tracking If you are interested in the phone tracking process and want to integrate the solution, start with your website and the phone number your callers will dial. Mind that your website’s header, homepage, landing pages, advertisements, or “Contact Us” page should all prominently display these numbers. To make it work, you need to implement a marketing automation solution. For example, Call Logic – Phonexa’s call tracking and distribution platform – will help you efficiently manage incoming calls, enhance lead flow and customer interaction, and generate a trackable phone number and a code snippet. The process includes incorporating the code script into your website’s code. In this case, a tracking number will be added to your website, and all incoming calls will be redirected to the original business number. The only difference is that each call will be traced and entered into the tracking program. Furthermore, marketers can generate many links and receive call tracking numbers for various digital entities their customers might encounter. In other words, Phonexa’s call tracking software allows businesses to track customer journeys and pinpoint call locations by tracing each client’s travel to their websites and phone lines. Phonexa’s all-in-one marketing automation solution for calls, leads, clicks, email, SMS, accounting, and more includes a comprehensive call intelligence platform, which allows brands to record phone calls, leverage call analytics, and put call data to work through its predictive modelling feature. Finally, using a call tracking solution enables organisations to discover how tracking the customer journey reveals which steps contribute to a customer’s conversion, giving them insights into where they convert the most and which portions of their sales funnel have leaks that need to be addressed. Choosing a Call Tracking Service The technologies are rapidly developing; thus, planning, executing and tracking every digital effort and marketing channel to improve business growth is crucial. Consequently, companies are starting to implement different marketing techniques and tools to track call locations accurately, analyse the data, and optimise their digital effors. The call tracking solutions though can become a turning point for any brand by bridging the gap between call-based campaigns, data-driven forecasts, team productivity, lead conversions. Get your software suite now, or book a demo to learn how Phonexa’s call tracking solution can help you bring in more high-intent call leads. When selecting a call tracking service, the following are some of the most crucial elements to take into account: Reliability When selecting the best solution, the first thing to consider is reliability. Call data is one of the most critical parts of any activity-tracking system, and ensuring its security should be the top concern. If the system fails occasionally, the organisation should address the issue immediately without losing data. Customer Service Customer service and support are the next important points to pay attention to. If you have any complaints, technical issues, or queries about the program, the company should respond to them immediately. Customisation An effective call tracking system should include a flexible plan. Each organisation has its own set of criteria and functions in its manner. As a result, each strategy should be adaptive to the organisation’s size and requirements. Cost When selecting the right software, consider the price as well. You must assess whether the product’s prices correspond to the capabilities and services offered. Integration Integrating a call tracking system with other CRM solutions lets organisations gain additional information about calls, prospects, and clicks. It can also help brands gain a better grasp of the full sales process. The Benefits of Call Tracking Today, brands are looking to create and optimise their online and offline marketing campaigns accurately and effectively. As these campaigns have a direct impact on sales numbers and marketing ROI, the capabilities and value of a call tracking solution should not be underestimated. The big benefits call tracking users see are the following: Getting familiar with your audience To satisfy your customers’ demands, you need to understand their core needs, demographics, and behaviours, as well as what call recording can assist you with. Once you know your audience and how they interact with your business, you’ll get a key to improve customer happiness and, consequently, increase conversions. Granular campaign insights Granular reporting is a critical component of call tracking. The recorded data includes crucial information about the target audience, including call locations and duration. Additionally, reporting helps to identify blind spots, collect useful data, trace a phone conversation, and efficiently apply information and insight into which channels, landing pages, or keywords drive incoming calls. Improved caller experience IVR and automatic call distribution capabilities help small businesses and corporations manage incoming calls more efficiently. Furthermore, brands can benefit from lead prioritisation using the software’s advanced filter settings. Detailed call transcript analysis By analysing and evaluating call transcripts, marketers can learn about their customers’ pain points, needs, and where their efforts should be focused. As a result, this product feature enables marketing professionals to detect and fill gaps in their ad campaigns in real-time, allowing them to solve issues as they arise. Build your plan now, or book a demo to learn how Phonexa’s eight-in-one solution can help you drive more high-intent call leads and drive business growth. Frequently Asked Questions How does phone location work? Wi-Fi is one of the most accurate methods for call location tracking. A smartphone scans for Wi-Fi access points, subsequently used to identify the device’s location. How can you track a phone number? Call tracking allows businesses to understand which ad sources callers see in real-time and their identity and history with the brand. Using dynamic number insertion (DNI) technology, marketers can link session data to offline calls and texts by automatically swapping tracking numbers on a company’s webpage. Can I track any cell phone by number? You cannot identify a person’s location just by using cell phone numbers. The most effective way to get someone’s location is via mobile phone tracking software or an app. Remember that it is not legal and may have serious consequences. Tracking cell phone calls is achievable, provided you use call tracking software that complies with all consumer protection standards.
It’s no secret that more customers are converted through phone calls than any other form of interaction. Yet you might still be surprised at the power of good old sales calls. The numbers don’t lie—only about 2% of web leads actually convert, whereas phone calls can easily convert 10 times more. But what if you go a step further, triggering inbound calls without even driving users to your website, which you may not have in the first place? Well, in that case, there’s a pretty cool tool up your sleeve for this type of conversion: call-only ads. Google call-only ads prompt users to call directly from Google search. You still can show your business name, phone number, and website address, but the idea is the same: call right here and now. via GIPHY Continue reading to learn how to grow your pay-per-call campaigns using Google call-only ads. How Do Google Call-Only Ads Work Within Pay-Per-Call Campaigns? Call-only ads will appear in Google when someone enters a query for which the ad is optimised. Assuming one has set up the ads to show to Londoners aged 18-25 who search for “health insurance London”, the ad displays among the search results when such a user enters the query, and they can make a call immediately by pressing the call button. You can set up your Google call-only ads campaign in three strategic steps: Research your target audience. It costs money to display ads, so you need to know who to target in the first place: demographics and psychographics. Remember, you pay for each call, so you want only calls that convert. Create your call-only ads in Google Ads. When you know your audience, it is time to target them in Google Ads. (We will go into a step-by-step guide on exactly how to do this below.) Optimise your pay-per-call campaigns: Integrate call tracking software such as Phonexa to track, distribute, and analyse your callers for on-the-fly and strategic improvements of your pay-per-call campaigns. You also can buy or sell qualified phone calls at the best price. Long story short, with Google call-only ads, one is able to make online sales without a website. Besides, it is possible to target one’s most profitable clients since phone calls are likelier to convert. Build your plan now, or take a product tour to learn more about Phonexa’s call tracking and distribution software. Which Industries Benefit Most From Call-Only Ads? There are two criteria that show if your industry is a good fit for pay-per-call marketing: The average check size in the industry: Pay-per-call lead generation tends to be more effective in high-ticket industries, or at least those with a high average check, such as finance, insurance, real estate, and home services. The immediacy of the industry: People tend to use calls when they seek a solution here and now and would not want to delay communication. In this regard, industries such as health, legal, travel, and emergency services are a perfect fit. Meanwhile, there are industries in which pay-per-call lead generation does not often come into action: online retail, subscription-based services, high-end retail items, and any other area where a customer can actually buy the goods online or requires personal verification before the purchase. How to Create Call-Only Ad Campaigns in Google Ads: Step-by-Step Instructions You’ve landed on the right page if you have never created a call campaign on Google Ads. Follow the step-by-step instructions below to create your first call-only, pay-per-call campaign. via GIPHY Sign in to your Google Ads account: In your Google Ads account, select the tab Goals > Summary > New Conversion Action: Choose what conversions you want to track—in our case, phone calls—and the source of the phone calls you’d like to track—in our case, calls from ads using call extensions or Google call-only ads. Here’s how different call sourcing options can impact pay-per-call campaigns: Calls from ads using call extensions or call-only ads Tracks calls that come from your ads, and call extensions allow you to include a pay-per-call phone number in your ad. This lets users call your business directly from the search results page. Phone calls to a number on your website Sends the clicker to your website first, from which they make a call. This can be advantageous because, through Dynamic Number Insertion (DNI), you can precisely attribute calls by showing different numbers to users of different demographics while routing them on the fly to the same destination (on the user’s side, nothing happens). Clicks on your contact number on your mobile website Tracks phone calls on mobile websites by the number provided. Works exactly like “Phone calls to a number on your website,” but focuses on mobile users. Define the name of your conversion, for example, “call-only ads and call extensions,” and select “Use the same value for each conversion” in the Value tab: In “Count,” select “One” if you want to count several calls from the same customer as one conversion. This model is the best for pay-per-call ads, but if you were to count sales, it would be reasonable to count each sale. In “Call length,” indicate the duration of a call that will be counted as a conversion. For example, if you set a call length to 30 seconds, you will not pay for calls shorter than 30 seconds. The optimal “Call length” is within 30 to 120 seconds, depending on how much time you usually need to convert callers. In the “Click-through conversion window,” set how long you want to count a call as a conversion after the user has clicked on your ads. Similarly to “Call Length”, only calls made within that deadline will count as a conversion, and you won’t have to pay for all the other calls. Choose your attribution model between last-click and data-driven attribution: Last-click attribution credits the conversion to the ad that was clicked last Data-driven attribution models calculate the contribution of every ad based on your account data Next, click “Create and continue->Done:” Now you’re ready to set up a new Google call-only ads campaign. To begin, select “Campaigns->New Campaign:” Choose a goal for your campaign: Leads or Sales. Make sure that “Phone call leads” is your conversion goal, then click Continue: Choose “Search” as your campaign type: Select “Phone calls” as your conversion of choice, and include your website phone number: Name your campaign and click “Continue”. Choose “Conversions” as the bidding type, and set a target cost per action to specify how much you want to pay for every conversion. It will be very reasonable to put your CTA value at a value that is way less than your profit per call. After selecting “Conversions,” click “Next.” Select “Include Google search partners” in case you want your ads appearing on Google partner websites. Now targeting kicks in. Select the locations in which you want your ads to display. If you drive traffic globally, then select “All countries and territories.” If you generate phone calls nationwide, select “Great Britain.” Similarly, you can use “Enter another location” to cherry-pick the locations and radiuses you want to target. In “Languages,” indicate the target languages. The default one will be English: In “Audience Segments,” you are able to view the statistics of your target audiences. In the search box, you can insert your target keyword and observe the engagement for this market: Select if you wish to target broad keywords or matching keywords with your ads. Broad keywords drive traffic, whereas matching keywords create calls that have a high intent behind them. In “More settings,” you can set brand restrictions and – what’s even more important – choose a convenient ads schedule so that your ads appear when you can actually process calls. For example, you can set up ad displays only on Monday through Friday from 9 a.m. to 5 p.m. Click “Next” once done. Now, you can begin to create your ad groups. Type your target keyword, for instance, “auto insurance,” and click “Get keyword suggestions” to get the popular keywords for which you will optimise your ads. From those keywords, select only the highly relevant ones. If you want to show your ads to people searching using related keywords, you can upgrade your keyword to a broad match. However, this can be quite a risk depending on how much you pay for the call, in case it is an expensive one. You might want only high-intent and relevant callers. You can also add more keywords from the suggestions that Google Ads provides through analysis of your current keywords, search trends, user behaviour, and more. However, when you increase the number of keywords for your ads, you really need to make sure these keywords are relevant. In “Final URL” and “Verification URL,” enter the destination page or website where callers should be taken instead of being prompted to call. The phone number of this destination page or website should be the same as what’s shown in your ad. Set the display path of your ad, the headlines, business name, and description lines—you can have two different keywords for Headline 1 and Headline 2, respectively. In general, there are no strict rules concerning how the ad should appear—the key requirement is that the ad should clearly present your offer and motivate the viewer to call. At the “Conversion Action” step, you can select a standard “Call from ads” or your own conversion action. Click “Done” to complete creating the ad, and continue creating ads, if needed. If this is your first time launching a campaign, then it would be appropriate to build some small-budget ads and observe through which format more traffic can be received. You’ll likely want at least two or three ads to start for testing properly. When you have created all your ads, click “Next.” Set the average daily budget of your campaign and click “Next” On the left column, you will get your campaign optimisation score, plus the weekly estimates of your ads: conversions, CPA, and campaign cost. Note that these are only estimates and not actual figures. Of course, if you don’t like what you are seeing, go back and reconfigure your ads. Click “Publish campaign” once done. Congratulations! Your campaign has just gone live. If you need more ad groups for different keywords, go back to the menu “Ad groups”. Last but not least, if you want full control over your budget, head to “Tools->Bid strategies” to check your minimum and maximum bid limits: Benefits of Google Call-Only Ads for Pay-Per-Call Marketing Immediate Connection Call-only ads are perfect for impulse buys. Imagine someone looking for a restaurant in Google Maps; they are likely to convert the moment they see a relevant ad. You can strike while the iron is hot, especially for local businesses. Customer Tracking With Google call-only ads, you’ll have some native call tracking features—location, duration, conversions, call type, etc.—which you can expand by integrating advanced call tracking software. Process Control By choosing the display time, budget, and keywords for your call-only ads, you’re always in the driver’s seat with your campaigns. You can test different ad groups or change campaign parameters whenever needed. 100% Call Answer Rate While it’s impossible to control web leads—for instance, you cannot predict when a lead will fill out a form—telephone calls are different. With call-only ads, you can opt to display them only during working hours and ensure that you answer every inbound call. High Conversion Rates Callers generally have much more purchase intent than web leads, and it’s thus easier to convert them. A direct conversation allows a sales representative to influence the caller, increase the check, cross-sell, etc. But again, you need to use Google call-only ads judiciously to make up for their lesser visibility and higher cost. For this reason, it may be best to get started with a minimal budget and a few ad formats through which you can track ad performance and select the most cost-effective ads. The Tech Stack to Make Your Google Call-Only Ads Efficient You cannot manually manage your pay-per-call advertising campaigns. Even though Google Ads offers basic tracking capabilities, one can only unleash the total potential of your pay-per-call business with an advanced affiliate tech stack in place—Phonexa. Here are the products in call management that will enhance your pay-per-call marketing: Call Logic Call tracking and distribution software LMS Sync Lead tracking and distribution software Lynx Click tracking software Cloud PBX Cloud-based phone system All of these products work together at Phonexa, but let’s consider them one by one in some detail. Call Logic – The Core Product for Pay-Per-Call Management Whether you’re purchasing or selling phone calls, you need to know who your clients are to always find the best partners and the best deals on the market. The Call Logic solution enables you to monitor your calls from A to Z and distribute them to the ideal internal or external buyer. Besides, you can also transfer call insights in real-time to the live operator handling your call. Here are the major features you get with Call Logic: Custom call routing Accurate call attribution Predictive modelling Tracking of caller, call and agent performance insights Call Logic enables you to set up the call routing tree of any complexity, taking into consideration parameters such as price per lead, language, age, purchase history, agent availability, performance, and location. You can route, for example, the most profitable callers to the best-performing sales representatives. Finally, you won’t be obligated to test campaigns on the real market since all outcomes can be simulated in the predictive modelling and selection process. In this way, you will be able to safely expand into related niches without premature actions. LMS Sync – The Core Product for Web Leads LMS Sync processes web leads, but that does not make it less valuable for call-dependent businesses, which also convert their users on their websites. The reality is that many callers switch and convert on a website and vice versa; LMS Sync helps get the most out of these switches. LMS Sync processes web leads the way Call Logic processes phone calls, opening up the customer journey from top to bottom while collecting marketable data and allowing affiliates and advertisers to secure the best deal currently on the market. Lynx – Tracking Impressions, Click, and Conversion Rates Every time your users click on an ad, you would love to understand who these users are, where they come from, and how their journey has evolved, before, while, or after the call has taken place. Lynx puts you in full control of the caller journey, giving you the ability to either generate the right calls for your advertisers or select the right affiliates to buy the traffic you need. Cloud PBX – Dedicated Cloud-Based Phone System for Pay-Per-Call Campaigns While Call Logic is the basic technology for pay-per-call campaigns, Cloud PBX goes the extra mile by allowing your business to have a fully dedicated cloud phone system so that you can feel safe and secure while ensuring 100% availability for your customers. The best result usually comes when all eight products are working together for your pay-per-call success. That is why they are coming together as one bundle. Here are the eight proprietary solutions you get all for one price, starting at £100 a month (online price calculator): LMS Sync Lead tracking & distribution software Call Logic Call tracking & distribution software E-Delivery Email & SMS marketing software Cloud PBX Cloud phone system Lynx Click tracking software Opt-Intel Suppression list management software HitMetrix User behaviour recording & analytics software Books360 Automated accounting software Build your plan now, or book a demo and learn more about Phonexa’s eight-in-one performance marketing suite. Frequently Asked Questions When should I use a call-only ad campaign? Google Ads call-only campaigns are a good fit for businesses that want to drive calls directly to their business without sending customers to their website: repair shops, local restaurants, emergency services, real estate agents, home service providers, and appointment-based businesses. Where will my Google call-only ads appear? Your Google call-only ads will appear mainly in Google Search results on mobile and desktop devices capable of making a call. Similarly, call-only ads can appear in Google Maps—on user searches for local services, for instance—the capability to make an instant call, the Google Display Network, Google My Business, YouTube—on video ad plays, and in-app campaigns. How can I get more calls with Google call-only Ads? Drive more calls with pay-per-call Google Ads by leveraging three features in Google Ads: “Broad match keywords,” “Upgrade your keywords to broad match,” and “Add more keywords.” All these features enable the display of ads for similar keywords that, however, do not exactly match your target keywords. Are call-only ads and click-to-call ads the same thing? Google call-only ads are not the same as Google click-to-call ads, although they work for similar purposes. The difference is that call-only ads have the main purpose of triggering a phone call, while click-to-call Google ads offer other ways of interaction, for example, navigating to a website.
The number of phone calls generated by call-based campaigns reflects their effectiveness, or does it? If you have used various marketing strategies for your business, you are most likely generating a large number of leads. However, you might be missing out on valuable call data that could help you improve the quality of leads and bring in even more calls. Many brands run into roadblocks caused by the lack of customer data, inefficiency of business processes, misunderstanding finances, and low productivity. Brands also have a hard time tracking the success of their marketing efforts since they can’t always identify sources of inbound leads. Optimising ROI and quantifying the performance of your advertising campaigns depend on understanding which digital channels and interactions bring in the most inbound calls and leads. That is when dynamic phone number insertion (DNI) and phone lead tracking come into play. This article will examine how dynamic call tracking can transform your company, how call tracking works, and how brands use it to track calls. What Does Dynamic Call Tracking Mean? Dynamic call tracking is a tracking technology that helps businesses determine which marketing campaigns bring in quality leads. To do that, tracking phone numbers are displayed for advertising purposes. These numbers are designated to specific online campaigns and audiences in various regions. Generating leads is exciting, but it’s even more important to know where they come from. With call tracking software, brands may determine the call and lead sources, which allows them to ramp up their campaigns for an even better ROI from their digital marketing spend. How Does Call Tracking Operate? Call tracking works when an individual or a company utilises call tracking software, which provides detailed attribution for all inbound call traffic. Businesses may use it to gauge how well marketing channels are working and eventually boost revenue. Call tracking, which is based on dynamic phone number insertion, is intended to provide comprehensive сall data using the following methods: Campaign-level call tracking: This entails the acquisition of a pool of trackable phone numbers, each of which is then linked to a specific advertising campaign. This method applies to offline and online campaigns. Visitor-level call tracking: With this method, you may use a single set of phone numbers that vary with each new visitor to track every marketing source that sends customers to your website. Source-level call tracking: In order to monitor calls at the source level, businesses need to have a new trackable phone number for each campaign source, such as billboards, online or offline magazines, or Google PPC advertisements. Companies are able to see the source of a customer’s referral when customers phone those call tracking numbers. Companies often search for the appropriate call tracking software. Why is that? Dynamic call tracking enables marketers to prove that their paid advertising generates new inbound leads and see more clearly how their efforts affect the bottom line by assigning website users with dynamic phone numbers. However, by using a marketing automation solution, companies may demonstrate that their call tracking efforts generate revenue. Call tracking systems can ultimately be employed by small businesses and enterprises to demonstrate which keywords, digital channels, campaigns, and ad units drive the most inbound calls. It can also help to get more clarity on a business’s marketing ROI and ROAS. How Does Call Tracking Software Operate? Dynamic call tracking technology employs dynamic number insertion to display different phone numbers to a variety of audiences and campaigns. With this technology, marketers can immediately tell which campaigns generate inbound calls. Furthermore, by displaying defined DNI phone numbers on the landing pages, this technology also tracks the progress of marketing campaigns. Companies looking to keep their campaign logic focused, make educated decisions, and create customisable call journeys often use call tracking technology as part of a complete marketing automation solution. Brands using Call Logic, Phonexa’s call tracking and distribution software, make the most of its sophisticated features, like call distribution, dynamic phone number insertion, predictive modelling, ping tree, and Ping Post Calls 2.0. These features are all designed to skyrocket to increase conversions and refine call tracking initiatives. Ping Post Calls 2.0 helps affiliate networks, publishers, and buyers sell calls across all lead flows, reinventing real-time distribution. It increases real-time control over data, boosts publisher and buyer satisfaction, and helps bid on just the best call data attributes of both static and dynamic campaigns. Retention, conversion, and ROI rates may be accurately measured with the help of high-quality call tracking services, which enable offline to online attribution. To find the best leads and prospects and make sure that each of their dollars spent on marketing can have a bigger impact, companies and marketing agencies employ enterprise call tracking software. Using call tracking for lead generation is also essential for businesses since lead generation campaigns often encourage prospective customers to demonstrate their interest by calling a company. Marketing phone numbers may be programmed to associate online actions, such as page views or clicks, with phone calls. This allows marketers to see which interactions bring in the most call traffic to their website, keywords that generate significant engagement, and which conversations lead to conversions. Here are five of the essential benefits of call tracking software for entrepreneurs and marketers. Benefits Description 1. Learn how customers find you Rather than requiring your customer support or sales team to search for answers, call tracking phone numbers can assist you in determining which advertising campaign or medium brought the most prospects. Once the dedicated teams and agents possess this information, they will leverage it to their advantage when conversing with the leads. 2. Realise the most consistent ROI reporting Every marketer is concerned about the accuracy of the campaign’s ROI calculation in the absence of information about lead sources. With dynamic call tracking, marketing executives always have a clear understanding of exactly what keywords and landing pages perform best, what ads prompt the calls, and which campaigns generate the best ROI. 3. Assure effective resource allocation No marketing executive or business owner wishes to waste money on campaigns that are failing or underperforming. Therefore, the most reliable way to figure out where the company’s marketing dollars should go is online call tracking. 4. Create and solidify customer relationships Phone call tracking software also has features like call recording in addition to dynamic phone numbers. Call recordings can be employed by customer support and sales teams to go back to recordings and examine customer conversations. In this manner, they may find relevant information to enhance their connection with the target audience, establish trust, and develop long-term relationships with clients. 5. Improve business management In order to change and scale their business, every brand must face shortcomings. With the implementation of call tracking for digital marketing, brands can assess their operations and audience engagement. This will enable companies to discover the need for martech tools, identify improvement opportunities, and delineate the necessary actions to increase revenue. Now that we have established why call tracking is important for marketers, let’s examine dynamic number insertion and how it may be used for call-based campaigns. What Is DNI, or Dynamic Number Insertion? A dynamic phone number insertion is a call tracking feature that allows marketers to follow online behaviour via cookies and analyse offline client behaviours by tying a unique phone number to each ad source. How Does Dynamic Number Insertion Operate? The primary objective of DNI is to generate tracking numbers for every online lead source, such as a content piece or an online advertisement that is highly ranked in SERP. Depending on your advertising campaign, you may display phone numbers that allow dynamic number tracking in advertisements, search results, or your website. Fundamentally, dynamic phone number insertion is a simple concept that implies associating unique, trackable phone numbers with a lead source, ad, or campaign. Any subsequent inbound calls to dynamic numbers are traced back to lead sources, campaigns, or specific ads. Of course, if your business concentrates only on several marketing channels and lead sources, it works well. The majority of marketing professionals work on a bigger scale these days, however, and need a large pool of dynamic tracking numbers. To further grasp how DNI tracking works, let’s examine an example. Imagine that your current focus is on tracking website calls at the source level. Upon clicking on your advertisement, prospects are redirected to your company’s website, where they may see a specific call tracking number. Dynamic number swapping, in this case, will ensure that the numbers will differ depending on the source of potential customers. Although setting up dynamic phone number tracking may seem a complicated technical process, it is really rather simple. It involves linking different phone numbers to sources of leads and including a JavaScript line on all pages of your website. The JavaScript will show a predefined phone number to the visitor after identifying the lead source/location, allowing you to track the campaigns that generate calls easily. Benefits of Dynamic Number Insertion The core of call tracking is dynamic number insertion, so in order to get the best results, marketers must implement dynamic number insertion within their call tracking software or Cloud PBX. The insertion of a dynamic phone number has the following advantages: Create a Local Presence Through Local Call Tracking DNI enables the display of a local phone number for your business on any active online marketing campaigns and allows call tracing for local websites. For instance, if you have offices in London, Birmingham, and Liverpool, and you have ad campaigns or specific ad groups for those locations, you can display visitors from different regions’ local phone numbers. Boost Your Budget in Real Time In order to improve your lead generation efforts, it is essential to stay knowledgeable of your keywords and optimise them when managing an online marketing budget. Through dynamic phone number insertion, it is possible to track the impact of different paid search campaigns to determine which ones generate the most leads. Track the Metrics of Social Media The primary growth metrics in social media are follows and likes. By showing specific phone numbers across multiple campaigns, dynamic phone number insertion enables you to achieve granularity in social media marketing tracking. That way, you can determine which social media campaigns have a positive effect on your bottom line. Use Toll-free International Numbers You may use international phone tracking toll-free numbers to market your company to prospects in different countries. It will not be necessary to tie every number to a specific lead source. You might, instead, relate them to particular countries. Upon completion, the JavaScript code will display the correct number and, based on their IP addresses, reveal the location of the leads. Wrapping Up Dynamic phone number insertion enables you to learn more about your customers, including which online channels they came through, who they are and what keywords they used. Dynamic call tracking is an effective way of optimising marketing campaigns. You are provided with valuable information regarding which campaigns are more effective in driving customers to your business and which do not show the desired results. Book a demo and discover how Phonexa’s Call Logic can assist you in leveraging call tracking to drive business growth. Frequently Asked Questions Dynamic phone number insertion is what? It is a call-tracking feature that facilitates dynamic phone number tracking. It helps find out which campaigns or sources that bring in the most call and web leads. Exactly what is dynamic marketing? The technique known as dynamic marketing uses user data to produce adaptable marketing initiatives and decisions. By reacting to shifting client preferences in the online environment, it frequently prioritises the user experience. What is a DNI number? The DNI phone number is the link between online actions and inbound phone contacts. It aids marketers to determine the campaign, source, or ad unit that brought the most visitors to their website. What can be accomplished through dynamic call tracking? Dynamic call tracking is an excellent method to optimise the efficacy of your marketing efforts. It furnishes essential information regarding initiatives that attract additional customers to your business and which ones don’t. For marketing, how can I make use of a call-tracking service? Call tracking digital marketing has several applications ways, such as the following: Use and capture in-depth customer data Empower marketing analysis that is based on call tracking metrics, including call duration, call history, geolocation, etc. Manage the distribution of business resources Listen to call recordings and acquire insights from customer interactions Keep track of keywords, identify those that generate inbound calls, and build your subsequent call campaigns around them.
The calendar year of 2022 marked yet another formative year for Phonexa, filled with watershed moments and milestones for the company. There were so many great developments across our performance marketing automation software and all-in-one solution for calls, leads, clicks, email, SMS, accounting, and more, so please allow us to reflect by sharing our favourite and foremost developments throughout the last 12 months. January We kicked off the year in grand fashion by further strengthening our platform’s security and availability by receiving SOC 2 Type 1 and 2 certifications. (Learn more) On the events side of our business, we united the marketing community at MailCon in Las Vegas at Caesars Palace with its first-ever standalone conference. Phonexa owns and operates the world’s preeminent email marketing event, and we’ll be returning with the next MailCon conference from April 17 to 19, 2023, in Las Vegas. (Learn more) February On the Customer Success side, review platform G2 found that Phonexa onboards the clients they sign with an impressive speed to the tune of an average of 10 days – a stark contrast compared to the 26-day average customers go live with similar products and platforms. (Read more) The C-suite was solidified with the promotion of Mara Garcia to CFO and the hiring of Jeff Schaffer as COO. March CFO Mara Garcia was welcomed into the Forbes Council, joining Phonexa President & Chairman David Gasparyan and CEO Lilit Davtyan in the prestigious forum. April We maintained a strong showing in G2’s 2022 Spring Report, collecting multiple Leader, Momentum Leader, and High Performer honours and racking up remarkable results across the Outbound Call Tracking, Inbound Call Tracking, and Affiliate Marketing categories – accolades we continued in the Summer, Fall and Winter Reports as well. (Learn more) May CIO Liana Tonoyan was honoured with a Patriot Employer Award by the U.S. Department of Defence. June We launched our eighth product in HitMetrix – a user behaviour recording and analytics tool – and also relaunched a revamped Partnership Programme to provide clients new ways to unlock value and untapped revenue streams. We promoted Alexey Sidora to the position of Chief Technology Officer. July CEO in the United States, Lilit Davtyan, was recognised by the Los Angeles Business Journal in the “Women’s Leadership Awards” and later in November as a “Top 100 Accountant” by the LABJ. “The Unofficial History of Innovation” video series totalled over two dozen advertising awards, with the addition of two more honours from the Telly Awards. August We received Great Place to Work® certification for a third time, an accolade that speaks volumes to the company culture that’s been cultivated in recent years. (Learn more) MailCon CEO Kristen Haines also took on the role of Chief Events Officer for Phonexa. September We further solidified our telecommunications security with industry firsts by receiving certification for the full implementation of STIR/SHAKEN US-based compliance protocols. (Learn more) Mara Garcia was named a “CFO to Watch” by the San Fernando Valley Business Journal. The recognition was just the latest in an impressive streak of accomplishments for Mara, as she was also nominated for the CFO of the Year award by the Los Angeles Business Journal and the Inspirational Women Leadership award by the Los Angeles Times. October We reaffirmed our commitment to the growth of Glendale, California’s burgeoning tech scene by returning to Glendale Tech Week as its Platinum Sponsor and hosted “Shaping the Next Generation of Women Leaders,” an event and panel discussion on women in the tech and media industries. (Learn more) November We took yet another positive step toward empowering women and other underrepresented groups by attending Google’s #IamRemarkable private workshop at Google’s headquarters to help our leaders speak openly about their accomplishments. As a longstanding Google Partner, Phonexa utilises numerous Google offerings to provide our clients with leading tech solutions. (Learn more) December Our award-winning Marketing team further flexed its creative muscle by producing a series of new videos showcasing the power and potential of our industry-leading products. (Watch now)
When it comes to the fourth quarter, Halloween isn’t the only thing spooking business owners and marketers. And if you ask us, this is especially applicable to those working on the demand generation side of a business. Whether that’s making decisions on new partnerships, budgeting for upcoming conferences, adopting a new strategic approach to brand repositioning, choosing new technology, planning for the next year, and getting applaudable results in Q4 — the one constant thing is reflection. That’s why we’ve gathered valuable feedback from some of the finest Phonexa team members about their key learnings in Q3 from observing customer habits, industry demands, and innovations that will follow. Here’s what they shared following countless engagements with partners, clients, and prospects. New LeadGen Demands and Strategies for UK’s e-Commerce Market David Pickard, Chief Executive Officer (UK) With e-Commerce annual revenue totalling over £110 billion, the industry accounts for about 38% of the total retail market in the United Kingdom. But running a successful e-Commerce storefront requires a steady flow of customers, which makes lead generation for e-Commerce businesses a must. And as Pickard notes, lead generation alone will solve only a small portion of the task. “I’ve seen many more e-Commerce companies turn to Phonexa and similar all-in-one tech solutions to streamline and automate the end-to-end processes for the vast demands of their e-Commerce business expansion. For example, with LMS Sync, companies can manage their lead flows. They can engage prospects and customers with Call Logic and E-Delivery, track clicks on their affiliate links with Lynx, analyse user behaviours with HitMetrix, and automate their payouts and overall accounting with Books360. This omnichannel and all-in-one tech solution appeals to many e-Commerce companies as they leverage martech to minimise manual work and costs, all while bringing up their financial outcomes and ROI.” Automation Technology Transforms Business Workflows, Disrupts Conventional Marketing Oliver Koukoulis-Fribbens, Commercial Director Similar to Pickard’s point, Koukoulis-Fribbens finds that the UK marketing technology scene is becoming subject to an upward trend of technological transformation, where companies adopt new solutions to enable large teams to scale by automating practises and taking out human error from the equation. “One thing that’s really making an appearance in UK’s marketing technology scene in full force is the process of automating attribution and generating commissions and affiliate payouts for e-Commerce businesses, all through an integrated and singular tech solution. Before, e-Commerce marketers had to hunt for third-party solutions that would integrate with their CRM tools. With tools like Phonexa, they no longer have to do that because accounting automation is already factored in and built into their lead management system. So this way, accounting, and automated payouts are now a simple click away through a safeguarded transaction instance versus a multi-level, complicated, and manual payout calculation.” Data Security & Validation Are Top of Mind for Lenders & Other Clients Liana Tonoyan, Chief Information Officer When handling high volumes of financial leads and consumer data, security is of the highest importance. The same concept of data safety can be applied when trying to avoid fraudulent lead transfers from publishers to advertisers through affiliate networks. This has driven many of Tonoyan’s encounters and conversations this quarter. “During product development and demos with clients, one thing that’s always top of mind is ensuring that our technology and solutions cater to a wide range of companies with different business models and demands. In recent months, I’ve noticed a lot of conversations around the lack of secure technology available to those who depend on affiliate networks for their lead generation. I’ve also had a few meetings around technologies currently employed by lenders specifically, with features like data validation and verification. This is a positive trend, as technology is integral to lender and affiliate relationships. And I’m even happier to say that Phonexa is equipped with industry-leading security and compliance tools and certifications that ensure safe and secure financial lead transfers.” Did you know? Phonexa is certified for the full implementation of STIR/SHAKEN protocols that validate caller IDs and improve the caller experience for Phonexa clients and their customers. Find out more here. Dynamic Bidding Systems Are in High Demand Eva Amar, Senior Onboarding Specialist For Amar, Q3 has been all about helping clients address the growing need to improve their lead generation and bidding strategies by upgrading their lead management systems. “I’ve connected with several industry leaders and other stakeholders in various companies and verticals, all saying the same thing — they need better bidding structures built-in with their technology. That alone tells me there’s a strong interest in exploring technologies and new practises to contribute continuous growth to their leadgen campaigns and overall efforts. We’ve been able to supply that demand with Phonexa product features like Ping Post Calls 2.0 to help users engage in a simple and streamlined real-time bidding structure and lead acquisition process that supports all five call lead flows.” Publishers Are Racing to Sell Directly to Advertisers Patrick Boyd, Director of Business Development When it comes to call lead generation and distribution, urgency is always top of mind for publishers. Throughout his encounters with Phonexa users and industry representatives at trade shows like Contact.io, Boyd recognised a new approach and strategy that removes the “middlemen” or affiliate networks from the call lead distribution and transfers equation. “A lot of publishers and networks generating and distributing leads are all racing to sell straight to direct advertisers. People are noticing the thin margins when selling leads to other networks. They realise that many people are buying and acquiring from the same networks, narrowing the competition. This new wave tells me that lead generators and publishers now understand how imperative it is to go direct to advertisers. This way, they can get more money for their calls and leads, getting them transferred quicker, whereas going the network route is becoming increasingly difficult because most of these networks have the same payouts with margins, all shrinking by the day.” Tech Partnerships Are Paving the Way for New Business Development in the Insurance Market Lilit Davtyan, Chief Executive Officer (US) As the CEO of Phonexa, a martech automation solution with a large client base in the insurance vertical, Davtyan and the rest of the team attended InsureTech Connect in Las Vegas, securing a prominent presence as an exhibitor. While at the conference, Davtyan monitored the new and exciting ways in which tech companies are establishing and fostering collaborative relationships with direct insurance carriers. “I met with several key decision-makers representing large insurance carriers and brokers, so it was easy to have quick conversations with follow-ups this year. This allowed me to focus on establishing new relationships and curating potential partnerships with direct carriers and consulting firms. All of this was happening while the rest of the Phonexa team focused on providing detailed demonstrations and use cases of the Phonexa platform to other stakeholders across different companies and business models. My overall experience and our team’s go-to-market strategy at ITC 2022 have convinced me that high-level partnerships are the new way to drive meaningful change in business development, revenue, and market presence.” Omnichannel Marketing, Personalisation in Marketing Automation Are Trending Topics Kristen Haines, Chief Events Officer As the Chief Events Officer for Phonexa and Chief Executive Officer for MailCon — the world’s preeminent email and omnichannel marketing conference, owned and operated by Phonexa — Haines has observed the growth of volume in content at conferences and industry events. “A lot of conference content nowadays — including workshops, sessions, presentations, and conversations — is centred around personalisation in marketing, zero-party data, and creating an omnichannel and personalised presence for customers. All of those had been trending topics for a couple of years now, but they’ve come full circle at more recent events.” On the event operation side, Haines has identified that events in more intimate settings with plenty of networking and partnership opportunities tend to gain much more traction among conference-goers. “Though many of our industry events provide networking and partnership opportunities, some attendees often express that at large events, they lack that ability to have personalised and more genuine conversations and that they prefer smaller, intimate events where they can make new connections in a less hectic, and more controlled and one-on-one setting. That’s why for MailCon Las Vegas 2023 on April 17, we’ve created plenty of networking opportunities that will allow our attendees to spend much-needed one-on-one time with the finest thought leaders in our industry, get to know the newest and brightest industry trends, and get to know what MailCon is really all about.” Learn more about how MailCon is leading the change in the email and omnichannel marketing landscape with annual conferences, networking soirees, and a close-knit community. Schedule a consultation to discover which of Phonexa’s all-in-one marketing solutions can best scale your business and help drive your leadgen strategies forward.
Phonexa onboards the clients they sign with an impressive speed to the tune of an average of 10 days – a stark contrast compared to the 26-day average customers go live with similar products and platforms. The remarkable score was outlined in the recent G2 Winter 2022 Report. G2 is the largest software marketplace and review platform, where Phonexa was also named a Momentum Leader and High Performer across over a dozen categories. Phonexa has gained serious momentum on this front in recent months due to the influx of resources added within its Onboarding and Customer Success departments, which is highlighted by a 24/7 support staff. Phonexa also promoted Mohd Abbas to the position of Vice President of Onboarding and Customer Success last month to further fuel growth across customer satisfaction and product implementation. “Our clients are at the very heart of what we do, so we’ve worked hard to create a team of onboarding professionals and tech developers that work together to seamlessly help Phonexa users achieve better results and revenue,” said Abbas. “As these standings suggest, we’re doing exactly that. I’m grateful that my team’s hard work and dedication have bared fruit in a big way through these G2 standings.” According to Abbas, going live in a mere 10 days brings instant results like: Quick implementation and smooth transition Fast turnaround with custom feature integrations Easy data migration, transfer, and setup Decreased disruptions to company processes Higher revenue Abbas also said that Phonexa clients – and the clients their clients serve – have more streamlined processes that help them avoid missed business opportunities due to insufficient scaling. “We’ve used two other well-known call management software products and Phonexa is superior in so many ways. Their implementation services are second to none,” said Frank Avilla, Vice President of Client Services at Calls By Brand. “Phonexa’s continued support and assistance post-live has helped us increase our sales and profitability by over 20%. I would highly recommend Phonexa to any agency in the lead generation business as Phonexa is so much more than a call tracking software.” Abbas explained the secret behind the 10-day success with the four major phases of onboarding. Phase 1: Business Introduction An initial call is conducted, during which the customer and onboarding specialist identify the needs, pain points, and goals of the business that is getting onboarded. Phase 2: Implementation & Migration Responding to the goals and pain points identified in the initial conversation, the Phonexa onboarding team presents the client with actionable solutions. Then the clients are walked through an orientation-like process, highlighting the all-in-one platform, its features, and setup. Data transfer then takes place. Phase 3: Strategize & Tackle Success Tactics At this stage, an onboarding representative works with the client to establish depthful improvement strategies and practices to ensure a high return on investment and full materialization of the suite, considering if there will be a need for additional customization or feature implementations. Phase 4: Finalizing Efforts At this stage, onboarding is complete, and the case is transferred to a customer success manager who becomes the point of contact between the client and Phonexa. This representative regularly checks in with the client throughout the lifecycle of the user’s platform across all activities. “This swift four-phase plan changes everything for businesses of all sizes across all verticals because it paves the way for users to leave the platforms that no longer serve the scalability and needs of their businesses,” said Phonexa Chief Information Officer Liana Tonoyan. “Our technology is fully scalable with custom integrations, reports, and tools that solve even the most complex needs of clients.” Schedule a consultation to learn more about how Phonexa’s sophisticated all-in-one platform can power your marketing automation and lead generation.
Recent marketing trends indicate that customer experience reigns supreme in any decision-making, which makes consumers more demanding in service delivery. Fortunately, marketing automation solutions like interactive voice response systems (IVR) help businesses and dedicated call centres to keep up with client expectations, handle hefty call volumes, and deliver high-quality customer service. Around 73% of business owners state that there is a direct connection between the quality of customer service and their business performance. That’s only natural since customers tend to base their preferences and buying decisions on past experiences and brand interactions. With the continued preference for phone calls to address client support issues, companies look to implement suitable solutions like call tracking and IVR call centres to increase overall customer satisfaction, capture critical call data, and create more efficient workflows. Here’s what you need to know about IVR systems and their benefits for customer service teams and businesses. What Is an IVR and How Can It Benefit the Contact Centre? IVR is a call centre software with a guided voice menu that enables customers to interact with businesses via a touch-tone keypad or voice responses. IVR systems can come in different configurations and have various features, depending on the integrated or bundled tech stack. But what is an IVR call centre? The primary use case for IVRs is helping call centre agents to handle call traffic, capture client information, and streamline call routing. It’s not uncommon for brands to use a cloud contact centre or outsource inbound and outbound call centre services. There’s no denying that consumers have changed the way they access information. Every prospective caller is likely to make an online inquiry before or even instead of making a call. While this cuts the need to interact with an IVR menu or a live agent, there’s a chance that a customer will get stuck looking for an answer online. That has prompted the need to provide self-service resources to clients. Around 40% of consumers prefer self-service over traditional customer service channels, making the IVR support system one of the preferable options for clients across all industries. Source: HubSpot Customer experience is determined by numerous factors, including response times, omnichannel experience, and staff professionalism. For that reason, businesses often implement IVRs to deliver helpful information and improve interactions with callers. IVR Contact Centre Features Call centre IVR enables customer support teams and brands to take control of their call volume and operate on the level of an enterprise or a small business without extra costs or effort. Here are some of the standard features that call centre IVR offers to companies: Data collection: There’s no denying that data fuels a connected customer experience. That’s one of the reasons why businesses use IVR systems. They help to equip company representatives and call centre agents with specific knowledge, successfully handle requests, call prioritisation and routing, and resolve customer issues. Call routing: That is the fundamental feature of an IVR support system. As part of the self-service resource offered by a company, it helps to reduce customer wait time, decrease call abandonment rates, and improve customer satisfaction. While the routing method you choose depends on your company’s needs, skills-based routing remains one of the most popular features among call centre agents. Voice recognition: This technology enables consumers to make voice queries and receive feedback and assistance in little to no time. It ensures that businesses of all stripes are well-equipped to deliver excellent call experiences and save resources with automation. Why Businesses Need Call Centre IVR Systems Brands often look for sophisticated call centre IVR systems that handle touch-tone keypads and voice responses to keep communication with clients smooth and uninterrupted. Naturally, IVR journeys can be inefficient, or an IVR contact centre can fail to understand some voice commands. But modern interactive voice response support has undergone many changes and advancements, making it even more helpful for businesses. Let’s examine in more detail how organisations can use IVR support systems. IVRs can deliver answers to FAQs without requiring a live agent to intervene in the process. The technology provides interactive voice response support that helps brands handle customer queries. IVR call centre systems can conduct phone surveys, measure immediate feedback, and assess client satisfaction. With IVR menus, businesses can ask lead qualification questions. IVR systems manage and route inbound calls to the appropriate departments, sales reps, or client support agents. Today, consumers can decide to abandon a business because its services lack personalisation. Since personalisation is a powerful addition to business communication, IVR has to work hand in hand with other solutions and technologies to deliver engaging and personalised experiences to clients. IVR and Personalised Customer Support Every call centre IVR can fail to deliver the expected results. After all, customers can get frustrated, or the system can have poor speech recognition capabilities. Detailed analysis of the caller’s journey, optimisation, and personalisation can do the trick and boost your customer service offering. Let’s look at the interactive voice response example and analyse how IVR benefits clients and keeps the retention rate high. Let’s say your company wants to introduce more personalised messages into the caller’s journeys and elevate their IVR experience. With Phonexa’s IVR call centre system, you can create personalised recorded messages for inbound calls, help customers feel more comfortable when they contact your business, and boost the overall experience for new and returning clients. However, business owners unfamiliar with IVR call centre technology often overestimate it and get confused by ACD vs. IVR guides. They assume that the system can work independently to enable automatic call routing, capture all the critical call data, and intelligently navigate callers. But that is not precisely the case. Here is the basic information on automatic call distribution (ACD), its synergy with interactive voice response call centre systems, and an overview of other related customer service technologies. What Is the Difference Between Call Centre ACD and IVR? Naturally, ACD and IVR are not the same, but when working together, they make every call more efficient by cutting down on call transfers, wait time, and the need for human interaction. ACD is responsible for routing callers to the appropriate agents and departments, while IVR collects call data and offers callers self-service menu options. Together these systems deliver an optimal call experience for prospective and loyal customers. Chatbots vs. Conversational AI: What’s the Difference? So, what is conversational AI? It is an AI-driven communication technology for virtual assistants (VA) and chatbots that aims to impact buying decisions. Conversational AI and chatbots are used alongside IVR call centre systems to optimise business communication processes and improve client experiences. Chatbots are conversational AI that uses keywords and various language patterns to trigger pre-written automatic responses. Here’s an example of the customer service chatbot created to assist and provide instructions to prospects and customers looking to enjoy home-cooked food. Source: Chatfuel More often than not, businesses decide to build chatbots to handle simple inquiries, reduce wait times, and ensure that the support team is not overworked. 4 Benefits of Using an IVR System in a Contact Centre There are many helpful aspects to using an IVR call centre system. Here are some of the most vital benefits for customer call centres and support agents: Improved sales, customer support, and call routing: IVR systems take a massive load of work off the sales and support agents’ shoulders, which results in shorter issue resolution times and improved customer experience. Uninterrupted customer support: It can be costly to retain multiple employees to handle phone calls twenty-four hours a day. An IVR call centre system can fill the gap and guarantee that every issue or customer inquiry will be processed. Enhanced omnichannel experience: IVR systems can share call data with CRM, analytics software, and an automatic call distribution system, making it easier to consolidate and access detailed call campaign information. In turn, it helps to engage customers and ensure a connected experience. Decreased resolution time: Brands equipped with Phonexa’s Call Logic solution that includes IVR, ACD, call tracking software, and other call management features can access the information they need to boost issue-resolution speed, improve the customer journey, and fine-tune their sales funnel. Contrary to popular belief, generating and effectively managing phone calls helps businesses increase their conversion rate and generate up to 10-15x more revenue. Therefore, all types of companies need to capitalise on this channel and harness the power of IVR systems. Industries That Need an IVR System for Call Centre Every business environment requires comprehensive marketing automation solutions that include essential software like a lead management system, call tracking, automated accounting, and interactive voice response. The latter is essential for customer-facing businesses across all industries. Here are some of the industries that can leverage the IVR call centre. Small Businesses Implementing an IVR call centre software can be handy for small businesses that cannot spend extra costs and must extend their self-service offering. An IVR system is affordable and easy to set up. On top of that, it helps small businesses prioritise high-value customers and get complete control of their business communication. Financial Services Around 70% of financial service firms use machine learning to understand customers better and dictate the entire customer experience. As part of an all-in-one marketing suite of solutions encapsulated within Phonexa’s machine-learning software, an IVR call centre helps financial institutions automate their efforts and identify growth opportunities. Ultimately, IVR systems help companies offering financial services automate their interactions with clients, deliver on-demand responses, optimise customer experience, and increase the level of customer satisfaction. Insurance Engagement and retention are essential for every business, but it’s insurance brands’ lifeblood. Investing in customer service is one of the most logical initiatives to help insurance brands improve their engagement and retention rates. Collecting and leveraging call data can help them connect with consumers and personalise their offerings. Business communication technology like IVR call centre software and chatbots can help insurance companies deliver a remarkable experience, promote loyalty, and advocate for their products. Learn More About IVR Call Centre Capabilities IVR call centre system is every company’s frontline when gathering call data and customer insights. Whether you are looking to implement IVR customer service for your customer support or sales team, it is an essential technology empowering companies across all industries to offer a fully customisable voice interaction system and acquire critical customer information. Learn more about how Phonexa’s IVR software can set your business apart by scheduling a consultation with one of our experts. Frequently Asked Questions What is IVR customer service? An IVR call centre system helps customers interact with brands and enables companies to capture call data and route or prioritise calls based on caller information and urgency. What is an IVR number? An IVR phone number is a contact number linked to or integrated with an IVR call centre menu. It can be used for a cloud contact centre system to perform traditional tasks like conducting surveys, collecting customer feedback, offering self-service options, and delivering customised messages or notifications. What does IVR mean in a call centre? The IVR system plays a critical role in the caller’s journey. It helps call centres to streamline the process, facilitate self-service options, transfer calls, capture caller information, and connect customers with the most qualified agents. What are the benefits of IVR? IVR systems have multiple benefits. With an IVR call centre system, brands can automate routine tasks, enhance call forwarding, collect information about callers, eliminate connection errors, build better caller journeys, increase conversion rate, and elevate the customer experience. How do you set up your IVR? To set up your IVR system, you need to contact a service provider, select preferable business hours, and find out about the onboarding process and available integration options.
Today, the central tasks for any marketing or sales team are to drive quality website traffic, convert visitors into qualified leads, move these leads down the conversion funnel, and persuade them to complete the desired actions. But that’s just part of the effort required to ensure sustainable business growth. Many businesses are looking to make the most of their existing website traffic and inbound leads instead of focusing exclusively on bringing in new visitors. That’s where conversion rate optimisation (CRO) comes into play. Companies that focus their marketing efforts on CRO strategy development and behavioural targeting can uncover information that lies beneath cold statistics, like how visitors interact with a given website, what events precede the completion of conversion goals, and what impacts user activity and overall conversions. In this short guide, you’ll learn about the importance of developing a CRO strategy and why your company needs to concentrate on improving its conversion rate (CR). What Is CRO, and Why Is It Significant? Conversion rate optimisation (CRO) is a process that involves tweaking the elements of your web resources — your website, its product pages, landing page optimisation, etc. — to boost conversion rate and increase sales. Conversion is an analytics metric that shows the proportion of visitors who took the desired action following a marketing campaign or effort. The targeted actions may differ depending on the industry and your business’ marketing goals. Any valuable action like a phone call, sign-up, purchase, form fill, or app download can be reported as a conversion. The frequency of such actions reflects how well your website, landing page, or app performs and gets your target audience to complete these actions. The CRO process improves the probability of visitors completing the desired action by utilising user behaviour analytics (UBA) and a conversion rate optimisation tool. Such tools and solutions help companies determine the effectiveness of their marketing initiatives, highlight areas that require improvement, and deliver the best user experience (UX). Let’s take a closer look at the four essential CRO elements that help businesses increase their chances of converting more visitors, leads, and customers and boost their sales. Source: Slideteam Companies equipped with a CRO analyser, like Phonexa’s HitMetrix, can leverage advanced web and user behaviour analytics tools that offer complete visibility and actionable insights in real-time on conversions, friction events, fraudulent activities, and more. Utilising HitMetrix and other products from Phonexa’s suite of marketing automation solutions — such as the all-encompassing lead management system, LMS Sync — can be a game-changer for those looking to streamline the user journey, improve conversion outcomes, and leverage user behaviour analytics tools. When used in tandem, HitMetrics and LMS Sync arm product managers, CRO experts, and UX designers with customer satisfaction scores, usability testing, visualised heatmaps, and friction insights. Ultimately, these solutions help businesses activate a comprehensive view of their leadgen tactics, user behaviour, lead traits, the conversion funnel, and other extensive data sets. Mastering Conversion Rate Research and Analysis The purpose of conversion rate analysis is to help marketers reveal the most effective copy and web resources used for promotion, tap into insights from heatmaps and user recordings, and assess the impact of the hypothesis on conversion during the A/B testing process. But businesses must remember that a lot happens before conversions take place. Therefore, companies must also assess and identify specific marketing drivers, obstacles, and hooks that precede the final and most valuable action and outcome. Here are the steps you need to take and questions you must ask to optimise your conversion-driven web assets effectively: Identify marketing drivers: What compels your target audience to visit your website? Understand what drives users to your app, landing or product pages, and website to ensure that they stop at specific touchpoints and successfully proceed to make a purchase. Outline the obstacles: What prevents your product or service from gaining traction among users? Tap into user behaviour analytics, statistics, and lead tracking data to discover why users leave. Determine marketing hooks: How can you grab the attention of prospective customers and convert them? Pay attention to how your brand communication works. Examine how you build customer relationships, leverage hard data, and discover why your target audience behaves the way it does. Conversion research also entails watching exactly what visitors do on your website. This way, you can identify the blind spots in your efforts, like page elements that visitors find hard to use. The CRO tools can come in handy at this stage as well. In addition to user behaviour recording, utilising HitMetrix heatmaps and click tracking solutions, like Phonexa’s Lynx, can help you get clarity on paid campaigns and landing pages within your website and uncover content, images, or CTAs that can drive more clicks. Those equipped with such solutions can rest assured that their website’s conversion rate optimisation and lead generation efforts work together seamlessly to drive the best results. Nonetheless, marketers also have to do the work and look for ways to keep the business running. One of the ways to achieve this mission is CRO strategy development. How CRO Marketing Programs Work A CRO marketing program — otherwise known as a CRO plan or strategy — analyses all potential obstacles that precede targeted actions. The plan’s ultimate goal is to optimise web assets and increase conversions. As mentioned before, companies need to understand the principal drivers that prompt and convince visitors to go to their website and help them convert website traffic. If you base your marketing efforts on assumptions instead of identifying specific drivers, that might be the reason behind declining conversion rates. Let’s examine in more detail what marketing and sales teams should focus on when developing a CRO marketing plan. Concentrate on UX & Personalization Regardless of the source — whether a Google search or a simple recommendation — that brought visitors to your website, you must implement link tracking solutions like Lynx, make an effort, and focus on carefully mapping user experiences and prioritising the personalisation of your brand messages. Build a Conversion Funnel Building and analysing a conversion funnel is one of the finest ways you can develop a comprehensive CRO strategy and program. It allows for identifying users who end up on the final conversion point, as well as those who bounce and at which stage they left. It’s crucial to ensure that a prospective client’s engagement or experience with your brands is detailed and carefully plotted. As a marketer, you must set goals for the top, middle, and bottom stages of the sales funnel, and carefully track user behaviour to optimise and generate more interest and traction. Here are a couple of examples of the customer flow through the conversion funnel: eCommerce website homepage → product page → shopping cart → checkout → success page Lead magnet → valuable guides, assets, offers, or entertainment → landing page with a gated form → thank you page Get Customer Feeback Obtaining a clear picture of what efforts require more of your time and resources and what you should stop doing is the most efficient way to convert more of your website traffic and future visitors. Building feedback loops and launching post-purchase surveys and re-engagement flows can help businesses identify the top issues, fears, objections, and marketing hooks. Here are some examples of questions you can ask your customers in a post-purchase survey: Did you find all the items you were looking for? What stopped you from purchasing today? How would you rate your overall experience with (the name of your brand)? Was the checkout process simple for you? What is the one thing you would improve about the shopping experience with (the name of your brand)? Leverage Split Testing After building a case and determining the changes and adjustments you need to apply, the most impactful ideas, hypotheses, and solutions should be tested. This way, you can understand if tested changes can affect user behaviour and have a short or long-term impact on future conversions. Check this short guide on running A/B tests and increasing conversion rates. Naturally, the optimisations and changes you implement in pursuit of conversion rate optimisation can positively or negatively impact user behaviour, UI, and UX. Therefore, expanding on the thought that user behaviour data matters in the CRO process is essential. The Importance of User Behaviour Analytics (UBA) Since the central goal of conversion rate optimisation is to convince existing and new users to visit a website, open an email, sign up for company news, or download an app, businesses need to find ways to understand how they can transform visitors into paying customers. User behaviour analysis and customer behaviour modelling (CBM) help brands systematically accomplish this goal. Source: Cooladata Analysing and predicting customer behaviour are equally important. These processes offer tangible advantages to marketing teams, including a streamlined conversion process, the opportunity to discover and capitalise on specific user behaviour patterns, essential information to develop models that work, and insights that help avoid mistakes and pitfalls in the future. Many businesses also use behaviour data to segment and target customers based on their behavioural patterns. After all, behavioural marketing is the key to higher engagement, increased conversions, and positive customer experiences. Frequently Asked Questions What is the role of conversion rate optimisation in digital marketing? CRO is the process of increasing the number and percentage of website visitors who take targeted actions like making a phone call or signing up for newsletters. Why is conversion rate optimisation important for sales and marketing teams? CRO is important for several reasons. It helps companies save money and bring in more high-quality website traffic, increase conversions, and boost sales. Ultimately, CRO optimises the user experience, fosters business growth, and improves revenue per visitor through actionable data. Where can I get data on user behaviour? Depending on the industry your company operates in and your business goals, you can use Google Analytics if you’re looking to get a better understanding of what happens on your website. Additionally, companies often use tracking, distribution, and CRO solutions like Phonexa’s suite of marketing automation products featuring singular solutions like HitMetrix, LMS Sync, and Lynx. When used together, the three provide a 360-degree view of any conversion flow, from the moment a prospect clicks on a link on the search engine, to the moments they’re exploring your website, all the way to the second they click and become converted customers or more interested prospects. What kind of tools are used for conversion rate optimisation? Businesses use multiple CRO tools like heatmaps, customer satisfaction scores, form builders, friction insights, split testing, and many more unique tactics to gain actionable data and visualised reports into the consumer journey. Schedule a consultation with one of Phonexa’s experts to learn how our marketing automation solutions like HitMetrix, Lynx, and LMS Sync can help you build a CRO strategy, track user behaviour, and convert more leads into paying customers.
To reach a company representative, consumers often navigate through an endless series of menu options and questions via an IVR. When this process lacks educational value or sustainability, a customer’s failure to contact a business can prove costly. Very few consumers can overlook a negative experience when every attempt at customer interaction results in encountering a busy signal or unanswered calls. However, many businesses still fail to recognise the significance of the caller journey and overlook it as a vital component of their marketing strategy. If your calling clients are unfamiliar with such issues, your company must revamp its customer service to mitigate external and internal business damage. For instance, improving every caller’s touchpoint and reassessing your telephone service can help secure the loyalty of impartial first-time callers and nurture relationships with existing customers. Businesses seeking to address missed calls and enhance the customer experience often turn to configuring Direct Inward Dialling (DID) service and utilising call forwarding features through a PBX system. Let’s delve into the intricacies of DID telephony, its functionality, and its benefits for businesses operating via calls. What Is Direct Inward Dialling (DID) & Why Do Businesses Require It? Direct Inward Dialling, also known as direct-dial or direct dial-in, is a feature found in most business phone systems. DID numbers enable companies to establish virtual numbers and direct calls through a Private Branch Exchange (PBX). If you’ve ever been instructed to contact someone at a ‘direct number,’ they likely meant a DID phone number. DID enables callers to connect directly with a specific employee or department instead of navigating through an IVR menu or dialling an extension. With a DID line in operation, businesses can allocate numerous virtual phone numbers to employees or departments, enhance accessibility, and ensure efficient communication with clients without disclosing agents’ personal contact information. Furthermore, DID service can be utilised with local, vanity, or toll-free numbers. What Constitutes a DID Number? A DID phone number is a virtual telephone number that facilitates the routing of calls to existing phone lines or extensions. DID numbers do not necessitate physical phone lines, enabling them to handle an unlimited number of inbound calls and efficiently direct them to any extension or device. Employing direct dial numbers assists companies in implementing the correct approach to call management and enables customers to make calls irrespective of their geographic location. For instance, consider a scenario where your company is headquartered in the Middle East but requires local phone numbers to connect with your customers in North America and Europe. With Phonexa’s Cloud PBX telephony system, your business can access all the essential call management features and allocate DID numbers, allowing you to remain in the Middle East and utilise local calls. With Phonexa’s suite of solutions, you can obtain a local, toll-free, or vanity phone number, implement a cloud phone system with lower costs and greater control, and port your business phone numbers effortlessly. Build your plan now, or take a product tour to learn more about Phonexa’s single operating solution for partner and performance marketing. How Does DID Operate? When initiating a call to a DID telephone number, the customer is directed to a VoIP (Voice over Internet Protocol) system via SIP trunking or a PSTN (Public Switched Telephone Network) device. Let’s explore both alternatives in greater depth. Direct Dialling on PSTN In this scenario, a DID service provider links trunk lines to the customer’s PBX and subsequently assigns and allocates a DID telephone number or numbers to the client. Here’s the process: An inbound call initially reaches a direct inward dial number. Subsequently, the trunk line forwards the call to the PBX. The dialled number is identified, and the system identifies a recipient. The customer’s PBX system directs the call to the company’s telephone extension and establishes a direct connection between the caller and the call recipient. DID on VoIP When integrated with a VoIP phone system, direct inward dialling empowers businesses to utilise their mobile and desktop devices to make and receive calls without the need for additional equipment or analogue phone lines. Presently, VoIP stands as the most adaptable method for deploying direct-dial numbers through SIP trunking, also known as digital line connections. A software provider associates these digital connections and DID numbers with your phone extension. Since you do not need to physically link the trunk lines to your PBX, you can establish as many trunk lines as necessary and transfer your business phone numbers at a fraction of the cost if you opt to change service providers. Direct Inward Dialling and Vanity Numbers It’s quite common for businesses to utilise vanity numbers instead of standard phone numbers as a marketing strategy. Choosing meaningful and memorable combinations of letters or numbers assists companies in grabbing the attention of their target audience, fostering brand awareness, and extending their reach nationally. DID telephony aids businesses in bolstering their marketing initiatives and using vanity numbers as a prominent aspect of their call campaigns, regardless of their geographical location. Direct Inward Dialling and Freephone Numbers Freephone numbers, also known as toll-free numbers, have existed for many years. As DID service seamlessly integrates with local, vanity, and toll-free numbers, businesses can not only manage multiple inbound calls effectively but also delegate their call centre services to external providers. How Can I Acquire DID? Businesses that aim to connect with specific individuals or departments within their organisation and facilitate callers bypassing the IVR menu or queue often opt to implement Direct Inward Dialing. If you’re considering implementing Direct Inward Dialling, the initial step involves selecting the appropriate service provider. Typically, VoIP and telephone numbers are included with the service you procure. If your business requires international calling, intelligent call routing, call tracking, and other advanced features, opting for an experienced service provider such as Phonexa is advisable. With Phonexa’s comprehensive suite of solutions, your company can acquire a toll-free, local, or vanity telephone number, establish a telephone system with reduced costs and enhanced control, and seamlessly transfer your business telephone numbers. Do Businesses Truly Require Direct Inward Dialling? Customer-facing businesses must effectively manage high call volumes, strategise caller journeys, and deliver exceptional service. Therefore, if you aim to streamline the call process and facilitate easier access for potential partners, prospects, or colleagues to reach the appropriate departments or individuals, incorporating DID is a highly beneficial decision. 10 Benefits of Direct-dialling Still uncertain about the necessity of direct dialling for your company? Here’s how large enterprises and medium-sized businesses can profit from implementing Direct Inward Dialling: Cost-effectiveness: DID allows businesses to replace traditional phones, set digital line connections, and eliminate the expenses associated with analogue hardware maintenance. Uninterrupted service: Companies can utilise a cloud phone system reliant solely on the stability of the internet connection. Flexibility: Integrating DID with Phonexa’s Call Logic gives businesses greater control over when, where, and how they manage and receive calls. Enhanced customer experience: DID enables companies to streamline the call process, allowing customers to reach your business without waiting in a queue. Employee contentment: Systems like Phonexa’s Cloud PBX facilitate both internal and external business interactions, enabling employees to concentrate on service quality. Intelligent call forwarding: Direct-dial lines can automatically redirect inbound calls to mobile devices or other numbers without disclosing private information to customers. Synchronised business communication: Virtual phone numbers assist businesses in remaining accessible and ensuring seamless communication across multiple devices. Personalised call routing: When paired with IVR software, Phonexa’s Cloud PBX can ensure accurate agent scoring and queue availability, simplifying the process of connecting callers to the most suitable company representatives. Closed-loop attribution: With DID and call tracking, businesses can acquire crucial data, develop caller profiles, allocate different numbers to ad campaigns, and achieve closed-loop attribution. Local & toll-free phone numbers: DID aids companies in establishing a local presence, remaining accessible, and allowing customers to reach businesses regardless of their geographical locations. Are you looking to streamline your call-based campaigns and make the most of your call traffic? Book a demo to learn more about Phonexa’s eight proprietary solutions for partner and performance marketing. Frequently Asked Questions What is the difference between DID numbers and DDI numbers? Both terms refer to the same concept. The term DID stands for Direct Inward Dialing and is more common in European countries. Is there a charge for international toll-free numbers? No, toll-free numbers can be called from overseas without any extra charge from a caller’s side. These numbers aim to provide international customers with free calling options. Are vanity numbers worth investment? Vanity numbers are much easier to remember than regular ones. Using these number types allows you to raise your brand awareness and stand out from the competition.
Consider earning £1,250 in affiliate commissions for every referral you make. You won’t believe it, but it is possible with high-ticket affiliate marketing programs. For every sale, you may be making between £100 and more than £1,000. Sounds promising, right? Affiliate marketing now accounts for 1% of the UK’s GDP. The Interactive Advertising Bureau (IAB) UK has conducted research that indicates how affiliate marketing is beginning to pay off in the form of higher GDP growth in the UK. That makes it clear how important it is to have trustworthy, lucrative affiliate programs that serve a wide range of interests and industries. via GIPHY When you use high-ticket affiliate solutions, it allows you to grow your business, successfully recalibrate the strategy, and effectively manage the rise in the number of sales, call volume, and lead quality. And high-ticket commissions, in turn, can help affiliates increase their income and build successful careers. The attractiveness of affiliate marketing as a profession is shown by the data, which show that roughly 48.36% of affiliate marketers make about $20,000 per year. In this article, we will cover high-ticket affiliate programs and go over the most important marketing metrics, including Cost Per Click (CPC), Cost Per Lead (CPL), Cost Per Action (CPA), and Return on Investment (ROI). We’ll look at a variety of high-priced affiliate programs and see how metrics vary based on niche, marketing tactics, program details, and lead quality. Affiliate Profit Maximisation Through High-Ticket Offers High-ticket affiliate marketing can be called the VIP section of referral marketing. Its goal is to make more money with fewer sales and clicks. Selecting high-ticket niches allows you to increase your revenue without breaking a sweat. Imagine having the chance to make a substantial income—£300 to £1,000 per sale—without having to deal with the hassle of increasing your website traffic, which is a requirement of most affiliate programs. Let’s look more closely at the differences and compare income streams of high-ticket affiliate programs and traditional affiliate marketing to decide which one can help you generate the most revenue. Remember that the perks and earnings covered here depend on the affiliate program, particular niche, and how well individual marketers perform. In order to guarantee smooth marketing processes, impeccable automation solutions like Phonexa are essential. Learn how to improve your affiliate marketing efforts and get the best results possible. Build your plan now, or book a demo now to find the right solution for your affiliate marketing efforts. The objective of every affiliate marketer is to maximise profits by looking for high-value products or lucrative offers. It goes without saying that if you invest the time and effort necessary, promoting high-ticket affiliate offers may yield hefty returns. A savvy affiliate marketer may make substantial commissions, often more than £300 for each sale. With profits from these high-value sales adding up over a year, the sky’s the limit. Despite the fact that 57% of affiliate marketers say they make less than £10,000 a year, more than 10% report they make six figures by posting affiliate links. The most important thing is finding the right affiliate niche that aligns with your interests and understanding the essential metrics and compensation methods. Knowing this will make it easier to identify high-ticket affiliate offers from advertisers. Important Metrics for High-Ticket Affiliate Marketing Campaigns The following section discusses Cost Per Click (CPC), Cost Per Lead (CPL), and Return on Investment (ROI) alongside Cost Per Action (CPA) metrics. Metric Definition Cost Per Click (CPC) The cost for every click on an affiliate link Cost Per Lead (CPL) Amount paid for each lead generated. This method is frequently employed in affiliate campaigns that are designed to gather user information Return on Investment (ROI) A performance metric usually expresses how profitable a marketing campaign is in relation to how much money was invested in it. Cost Per Action (CPA) The cost is paid when a user clicks on an affiliate link to navigate an advertiser’s site and completes a specific action, such as a sale or sign-up It is essential to analyse these metrics for two main reasons: Reason #1 They are very important for evaluating and creating affiliate marketing campaigns. Publisher commissions are determined by the payment models offered by the advertiser–CPC, CPL, or CPA. The attractiveness of these commissions has an effect on the cost of the affiliate campaign and the efficacy of the advertisements, which in turn affects the ROI numbers. Reason #2 In order to participate in affiliate programs, advertisers and content creators must understand these metrics. It is easier for publishers to predict the potential profitability of the products they want to promote when they know the average statistics of various metrics in digital marketing across multiple industries. Likewise, providers of products or services should also familiarise themselves with industry standards in order to make accurate cost projections. Recent in-depth studies of affiliate marketing have shown that CPA is still the most popular method, though marketers may use several methods in combination. Because advertisers only pay for the actions they need, like the buyer purchasing their product, the cost-per-action model offers risk-free advertising, even when advertisers cannot predict the affiliate campaign’s success. There are no stringent restrictions on the CPA or ROI of each industry. The following table, however, shows marketing statistics that will allow you to make more precise estimates of the results of affiliate marketing efforts in the top eight high-ticket affiliate niches. This table shows the average affiliate commission size for each niche in addition to the overall marketing metrics previously discussed. The above table’s ROI, CPL, CPC, and CPA stats showcase the estimated average cost of advertising across a range of niches based on numerous reports. At the same time, affiliate marketing campaign payouts and campaign costs may be better understood thanks to the commission percentage. With Phonexa, it is effortless to monitor and optimise numerous affiliate marketing campaigns. Build your plan now, or take a product tour to experience all 8 products right now. 8 Key High-Ticket Affiliate Marketing Niches For beginners looking for lucrative affiliate marketing opportunities, we will outline key high-ticket digital marketing niches, showcase their essential metrics and benefits, and offer relevant examples of high-ticket affiliate programs. Beginners can take advantage of the market’s growth by gradually going into high-ticket niches, offering bigger commissions due to the higher value of promoted services or products. Here are some defining traits of various niche categories: Micro niches in high-ticket affiliate marketing offer benefits like cost-effective marketing, higher conversion rates, and the opportunity to build brand loyalty with less competition. Targeting a narrow segment makes it easier to adapt to market changes due to the smaller customer base while also allowing you to stand out and establish authority. Of course, it may take some time to discover the perfect niche via trial and error, but looking into profitable options can point you in the right direction. Interested in the top-performing affiliate marketing niches? All right, let’s dig in. Insurance Return On Investment (in USD) Cost Per Lead (in USD) Cost Per Click (in USD) Cost Per Action (in USD) Commission $8 $90.02 $4.01 $81.93 20-40% Among affiliate marketing niches, insurance is the highest-paying. Insurance for homes, pets, and travels is the most popular high-ticket affiliate marketing offering. The global insurance industry is expected to reach a worth of 2.72 billion US dollars in 2020, which highlights the abundant prospects that affiliate marketers have in this sector. Here is the predicted size of the global insurance market from 2021 to 2026: Source: Statista Looking to leverage unfathomable volumes of data in the insurance industry? Find out here. Insurance Type Commission Range (in USD) Health Insurance $12-25 per lead Home and Renters Insurance $5-15 per lead Auto Insurance $3-10 per quote Travel Insurance $0.83+ per quote Life Insurance $20-55 per lead Small Business Insurance $25 per quote These numbers represent the average commissions that affiliates get when they quote for various insurance products or generate leads. Not only do these products affect the commission, but also the market region and the features of the affiliate program. Health Insurance The prominent sub-niche in high-ticket affiliate marketing offers significant earnings and guarantees medical expenditure coverage for group, family, and individual health plans. Affiliates may get commissions that range from 5% to 40% of the client’s premium. Life Insurance Did you know that around 31% of Brits had life insurance in 2023? The vital sub-niche in high-ticket affiliate marketing provides beneficiaries with significant financial support in the event of the policyholder’s death. Commissions in this niche may be rather high, usually between 20% and 100% of the policy’s first year’s premium. Auto Insurance That’s vehicle coverage against accidents, damages, and liabilities. Commissions for affiliates might range from £20 to £200 per policy, based on the insurance provider and the kind of guarantee. Home Insurance It offers homeowners protection covering damages to property and liability. Generally, commissions range from £30 to £150 per policy, depending on the selected coverage and the insurer. Travel Insurance It is designed to protect against unforeseen circumstances that could go wrong during travel, like lost luggage, medical emergencies, or trip cancellations. Commissions for high-ticket affiliates might range from 10% to 50% of the customer’s premium. Insurance companies often entice affiliates with appealing commissions because of the substantial lifetime value of customers. For affiliates, insurance products present highly lucrative opportunities. However, success also depends on how well you know the products you’re promoting and building trust with your audience. Similarly, it is critical to offer diverse lead destinations for both affiliate networks and brands. Enter Phonexa’s Ping Post Calls 2.0— an innovative solution that offers unparalleled advantages to insurance lead buyers and sellers. Using specific criteria, prices, and filters allows companies to effortlessly deliver leads to multiple buyers, increasing their options beyond a single buyer. When paired with Phonexa’s LMS Sync, it speeds up lead management and strategy optimisation, offers insights on call and web leads, propels company expansion, and revitalises dormant leads. Finance and Investment Return On Investment (in USD) Cost Per Lead (in USD) Cost Per Click (in USD) Cost Per Action (in USD) Commission $11 $90.02 $3.44 $41.44 50-90% People always seek out the best ways to handle their money. Due to the hefty commission rates, this niche offers lucrative opportunities for high-ticket affiliate marketers. Besides, the potential revenue in this sector is further highlighted by Juniper Research’s projection that digital payment transactions will top $10.50 trillion by 2025. For trading platforms or financial advising services, commission rates might vary from 0% to 20% of the net revenue generated by the user. The primary offers in the finance niche that you may advertise are as follows: Cryptocurrency Investment platforms Financial advice services Credit cards Personal finance software Loans Trading tools Mortgage Dedicated marketers have the opportunity to earn substantial rewards from Finance high-ticket affiliate programs, with rates ranging from $70 per sign-up in programs such as M1 Financial to $350 per sign-up with American Express. For affiliates who target audiences outside of the United States and Canada, Vantage Investments provides a global opportunity offering up to $1,000 CPA. Affiliate marketers may receive lucrative opportunities from the Binance Affiliate Program, which offers up to a 50% lifetime commission on eligible trades using a custom network. The program also provides a 30-day cookie length for referrals. Real Estate Return On Investment (in USD) Cost Per Lead (in USD) Cost Per Click (in USD) Cost Per Action (in USD) Commission $15 $66.02 $2.37 $77.28 15-30% Tapping into the potential of high-value transactions, real estate affiliate programs provide affiliates with lucrative partnerships. With lasting tracking cookies and high-ticket commissions of up to 50%, it’s a real treasure trove for savvy marketers. In comparison to the other affiliate marketing niches covered in this article, the $66.02 CPL is close to the average. However, this is the result of a reasonable increase of 46.22% in 2023. These figures demonstrate how fiercely competitive the real estate sector is and how in-demand leads are. However, the below-average CPC suggests that not just any leads are desired but also high-quality leads specifically, and this is precisely what affiliate marketing provides. Real estate is a top affiliate niche which offers high-value transactions where affiliates earn substantial commissions. Targeting affluent customers, high-ticket affiliate marketing referrals focus on luxury real estate and investment opportunities. Included in this are: Real estate investment programs Luxury real estate Elite rent Although the cycle of these sales may be somewhat longer, the high-ticket commissions for successful transactions make this niche particularly appealing. Are you curious if there is anything you can promote via a real estate affiliate program? Here’s a detailed explanation: Real estate listings: Showcase homes for sale detailing everything with all the information, including cost to features, and earn commissions by advertising properties directly. Search engines for property: Platforms, where listings can be managed, sorted, and posted for visibility, may connect buyers and sellers. Prominent sites like Redfin, Trulia, and Zillow provide competitive payouts per lead. Rentals for a short time: Join the thriving short-term rental market, which is popularised by platforms like Airbnb and VRBO and caters to business travellers and vacationers. Classes and seminars for real estate certification: There are many resources to assist real estate professionals in advancing their careers, such as study materials, seminars, mentorship, and specialist certification programs. Online Education, or E-learning Return On Investment (in USD) Cost Per Lead (in USD) Cost Per Click (in USD) Cost Per Action (in USD) Commission $9 $62.80 $2.40 $61.41 15-30% One of the main areas of interest for affiliate marketers is education. There are abundant opportunities for marketers in the high-ticket affiliate education area as a result of the increase in online courses brought on by the growth in distance learning. Encourage an authentic education platform where users can pick up real skills from expert instructors. There are also free courses where you can engage and pre-sell your audience. For instance, Teachable offers affiliate marketers a 30% commission on any referred paid courses that may potentially exceed $100 per sale. These courses assist people in developing new skills or improving their current ones. E-learning and web education are high-ticket affiliate marketing items. Among them are: Tutoring services for leadership, career advancement, and personal development Online courses that include finance, health, technology, and business in diverse fields Professional certification programs for future employment and career prospects Skill-based boot camps that aim to build specific skills Digital marketing courses for email campaigns or social media High-ticket online courses, sometimes costing well over $1,000, provide course developers with a lucrative opportunity to generate substantial profits and monetise their expertise. The online learning industry has grown to a thriving business with a market value exceeding $100 billion in the last year, offering high-ticket courses that have given many content creators a means of achieving financial independence. There are numerous educational offerings from first-class providers, including: Skillshare offers creative courses by professionals in writing, photography, arts, and more. There are many different online courses that you may take advantage of on Udemy to hone your personal and professional skills. Through partnerships with global universities, Coursera provides an extensive selection of courses and degrees. Software and Technology Return On Investment (in USD) Cost Per Lead (in USD) Cost Per Click (in USD) Cost Per Action (in USD) Commission $5 $54.00 $3.80 $101.40 13-50% The process of digitalisation has long taken over marketing. Due to this and many other reasons, high-ticket affiliates must evaluate the following popular products in a technological niche: A variety of software: Productivity tools, e-commerce software, anti-virus programs, lead management software, and so forth are examples. On a separate note, the latter may also be useful if you’re searching for a comprehensive affiliate marketing solution to manage lead tracking, analytics, and distribution. Technology gadgets: The popularity of high-ticket affiliate offerings, such as cameras, headphones, and smartwatches, remains, and companies like Apple and Samsung are the best examples of suppliers. Hardware: A variety of high-ticket affiliate offers, such as keyboards, high-performance graphics cards, controllers, smart home appliances, graphic design monitors, and gaming computers from Dell, HP, or Asus, may be found in this category. Email marketing platforms: These are digital systems that automate the process of distribution and development of emails to the target audience. For high-ticket affiliate marketing campaigns, such systems and email marketing training programs may be potential options. Appliances for hosting websites: These include cloud hosting programs, database appliances, cost-effective and time-saving software solutions, and website builder appliances. Additionally, they provide marketers and brands in this high-ticket affiliate marketing segment with a plethora of chances to generate revenue. Publishers that work with affiliate networks or directly with brands may get high rewards, approximately 50% commission per sale, from these and comparable products in the high-ticket technology and software affiliate marketing sector. Are you ready to look at three interesting partner programs, each offering a plethora of additional ways to earn? World Wide Stereo Affiliate Program: A well-known audio brand that was established in 1979 has a partner program that pays out a modest 3% commission. With high-end equipment (such as McIntosh amplifiers, which range from $2,000 to $8,000+) and a wide variety of audio options for everyone’s enjoyment, it offers significant profit prospects. Sonos Speakers Affiliate Program: Delighting high-end speakers and entertainment systems like the $600 Room or Roam sets while earning an 8% commission as a Sonos affiliate. Use a short cookie life to keep marketing fresh for maximum effect. GoPro Affiliate Program: The brand for outdoor enthusiasts provides a 3% to 5% commission via their affiliate program. Profit from products like the HERO11 Black camera, which retails for approximately $549, and tap into people worldwide who love exciting adventures. Searching for additional ways of earning? Amazon Associates gives commissions of up to 10% on expensive items like professional drones, premium speakers, and luxury turntables. EcoFlow Portable Power Stations provide a 3% commission on purchases and offer comfort during power outages. High-tech affiliate marketing is about enhancing lives, not simply about technology. With programs for adventurers, music lovers, and tech enthusiasts alike, now is the perfect moment to get involved and turn your passion into a profitable company while sharing the excitement of cutting-edge technology. Health and Wellness Return On Investment (in USD) Cost Per Lead (in USD) Cost Per Click (in USD) Cost Per Action (in USD) Commission $4 $51.42 $3.13 $68.94 15-40% People are always worried about their health and well-being, which makes it hard for publishers looking to run high-dollar affiliate programs that target gym-goers, sports enthusiasts, and those with particular health objectives. However, for brands and affiliate networks, this niche offers a lot of potential for profit and will continue to be popular in the years to come. Here are some examples of high-ticket offers that are currently available in this niche: Dietary supplements (protein powder, vitamins, and other supplements) Programs for health coaching (healthy cooking tutorials and weight loss systems) Yoga and other mental health sessions Health and fitness equipment is the most prevalent example of high-ticket affiliate marketing. It includes treadmills, stationary bikes, and other utensils that can be expensive. In the high-ticket affiliate marketing field in health, fitness is the most profitable sub-niche. With companies offering a wide range of products, from supplements to advanced exercise equipment, and affiliate commissions that range from 3% to 20%, the industry is on the brink of significant growth. With a projected yearly growth rate of 9.61%, the global fitness industry is expected to reach $6.73 billion in sales by 2027. Source: Statista Brands and affiliate networks are a lucrative segment of high-ticket digital marketing that is expected to continue to grow in popularity in the years to come. Home Services & Security Return On Investment (in USD) Cost Per Lead (in USD) Cost Per Click (in USD) Cost Per Action (in USD) Commission $7 $66.02 $2.77 $52.98 10% Electronics and devices for a smart home are in high demand due to the rapid advancement of technology in the current world. Advanced home services and professional and high-class gadgets are no longer a luxury, which makes savvy customers even more excited. Here are some examples of high-ticket offers that are currently available in this niche: High-class home decor Innovative climate control systems Luxury furniture Advanced home surveillance technology Premium repair tools Top-notch home entertainment systems Smart home automation systems State-of-the-art kitchen appliances Elements of aesthetics and comfort for the home Designer lighting fixtures By 2030, the energy-efficient HVAC solutions market is projected to reach $367.5 billion, reflecting the rising need in the industry. While this opens up opportunities for HVAC business owners, it also makes the market more competitive. Should you be contemplating the establishment of an HVAC business, we have you covered. Numerous HVAC affiliate marketing programs enable business owners to advertise their offerings, such as heat pump condensers, eco-friendly gas systems, and ventilation fans. Promoting high-ticket offers like these can earn you a lot of advertising affiliate commissions: Air conditioners Programmable HVAC control systems Furnaces Smart HVAC accessories and add-ons Geothermal heat pumps Whole-house air purifiers Smart thermostats Ductless mini-split systems Business and Entrepreneurship Return On Investment (in USD) Cost Per Lead (in USD) Cost Per Click (in USD) Cost Per Action (in USD) Commission $8 $87.36 $2.58 $75.48 20% Nowadays, it makes more sense than ever to create money online. That explains the diversity and appeal of business-related education programs. The following offerings are the subject of many high-commission affiliate programs because of this: Seminars on passive income Stock market rates Business training programs On top of that, promoting business services and enterprise-level software solutions may also result in significant affiliate revenue. While consumer products are the focus of attention, B2B services present an untapped opportunity for savvy marketers. Here are three noteworthy programs: Liquid Web: Reliable cloud hosting services with referral commissions of up to $7,000. Fast Private Jet: Luxury travel for business leaders, with commissions based on the trip. SafetyWing: Tailored insurance for companies that focus on doing business remotely, with a 10% commission on all sales. Take advantage of these programs and earn substantial rewards while taking care of important business needs. As an affiliate marketer, your success depends on a number of important performance marketing factors. Exactly what are they? 1. Knowing your audience and how they act is one of the most important things. This will assist in testing out work strategies and promoting your products. 2. Your performance marketing efforts may be greatly enhanced by actively generating traffic and employing effective advertising strategies. 3. If you want to be successful as an affiliate marketer, the products you promote must be of high quality. The perfect martech stack—a CRM system and affiliate management software, in particular—must be integrated if you want to accomplish your goals. In addition to automating your processes for smoother operations, these powerful solutions also let you handle partner and performance marketing easily from a single unified platform. Keep in mind that affiliate marketing is an ever-changing process that calls for constant improvement and adjustments to consumer demands and market trends. High-Ticket Pay-Per-Call Affiliate Marketing Being a cost-effective solution, pay-per-call advertising has the ability to make a lot of money for each lead, especially in fields where the CPL is higher than the average price. Pay-per-call for affiliate marketing has the following benefits over traditional mediums: With pay-per-call, advertisers can talk to and connect with customers right away, which means that partner products will sell more quickly. A personalised experience and more conversions are the results of a more targeted approach, which is possible when speaking with a customer over the phone. There is less rivalry in high-ticket affiliate marketing niches since pay-per-call affiliate marketing necessitates a different set of solutions. Follow these best practices for pay-per-call if you want to grow your pay-per-call affiliate business: 1. It is imperative that you consistently answer your phone, as it serves as your indispensable connection to prospective clients. 2. Teach your technicians how to provide excellent customer service, from prompt communication to simple gestures like wearing shoe covers. 3. In order to establish trust and the confidence of prospective customers, it is important to encourage positive reviews and proudly show them online. Get the most out of your pay-per-call campaigns by using Phonexa’s Call Logic. Comprehensive call intelligence allows you to guarantee compliance, maximise effect, and optimise the caller’s experience while integrating with your preferred affiliate marketing tools. Remember that this robust suite of tools gives you far more flexibility than just selling calls to a restricted number of predetermined advertisers. Instead, you may use ping-tree technology, which is similar to an auction, to connect with multiple buyers and negotiate a price with the optimal bidder. Have difficulty monitoring your affiliate marketing campaigns? You can count on Phonexa! Build your plan now, or book a demo to learn how Phonexa can greatly improve your company’s development. Elevating Your Martech Stack: The Path to Success Combine Phonexa’s innovative solutions to enhance the potential of your marketing strategies. For partner and performance, consider using a single operational solution that offers all the tools you need to be successful in affiliate marketing. For a monthly fee of £250, you will be provided with a software that includes 8 cutting-edge products aimed to take your affiliate marketing efforts to the next level. LMS Sync Lead tracking and distribution software Cloud PBX Virtual phone system Call Logic Call tracking and distribution software Lynx Click tracking software HitMetrix User behaviour analytics and CRO software E-Delivery Bulk email and SMS marketing software Opt-Intel Suppression list management solution Books360 Automated accounting software with an invoice generator Reasons to Choose High-Ticket Affiliate Marketing Niche Partners in high-ticket affiliate marketing offer pricey products and services in exchange for hefty fees for successful sales. I think you should try it out because: Brands and affiliate networks can reach their full revenue potential, while affiliates may earn much greater commissions. Profits from only a few high-ticket offers may quickly grow compared to the dozens or even hundreds of sales generated by more traditional affiliate programs. Your revenue is limitless. Unlike certain other business models, there are no restrictions on the amount of money that can be earned. Your earning potential is boundless, provided that you identify the optimal products or services and generate sales. When high-ticket affiliate marketing is combined with the right affiliate marketing software, improved attribution and ROI are enhanced. High-ticket marketing opens the door to partnerships with trusted brands, established businesses, and influencers. Suppliers of high-ticket products offer an extensive range of products, such as advanced training programs, professional affiliate managers, and outstanding marketing materials. Opportunities for upsells and cross-sells – high-ticket affiliate marketing may open up prospects for more upsells and cross-sells, enabling publishers to boost their profits even more by advertising related items and services. How to Begin High-Ticket Affiliate Marketing: Simple Steps A popular strategy for increasing commissions is high-ticket affiliate marketing, which involves expensive product sales processes. Selling them could thus vary somewhat from selling traditional affiliate offerings. For beginners to high-ticket affiliate marketing need: Taking a more personalised approach Addressing the concerns of each client’s issues Providing outstanding and comprehensive customer service Offering detailed reviews and special bonuses to affiliates Creating more trendy and valuable content Follow these simple stages will help you get into high-end partner programs: Determine the right niche Choosing a relevant niche and a product that justifies a premium price is not only the most crucial but also the most difficult phase in promotion success.Entrepreneurs need to really love the business because an entrepreneur’s success hinges on his enthusiasm for and mastery of the selected industry. Research programs Working with reliable businesses, affiliate networks, and particular platforms that use high-ticket affiliate marketing is crucial if you want to offer high-ticket products from trusted companies. Establish goals and plan Having well-defined objectives for the next days, months, or even years is crucial. This approach makes assessing if your efforts are in line with your intended outcome possible. You should also think about using PPC marketing, mobile, and content to achieve your goals. Establish a presence online Affiliates who are looking to participate in high-end affiliate programs should establish connections with customers and cultivate a social image through SMM. In addition, building an affiliate website or blog that is related to a specific niche is essential for attracting high-quality traffic.It is possible to target specific consumer groups and run targeted advertisements on social networks by: SEO tools Messengers Native advertising Third-party or in-house ad platforms Promote first-rate content Improve your affiliate reputation and engage and inform customers by offering world-class products and services. In order to sell a product costing thousands, the target users need to believe in your recommendations. A number of ways are available to do it: Tutorials Comparison articles In-depth product reviews Guides Email lists Consider advertising channels For easier work, you can look into paid advertising channels that can help you increase high-ticket sales. Since affiliates earn considerable high-ticket commissions, it is advantageous to pay for advertising that attracts high-intent leads and quality visitors.Affiliates may boost efficiency and drive sales for certain high-ticket affiliate marketing offerings by using the following channels: SMM Conversational marketing Organic search Podcasts Video marketing Email marketing Paid media Lead management software is one of the comprehensive marketing solutions that affiliate marketers must utilise in order to optimise their marketing efforts and ensure detailed attribution. You can use it to keep an eye on sales data and performance, find keywords, and pick the right audience to drive sales in high-ticket affiliate marketing niches. It is essential to refrain from earning commissions through dishonest practices, such as clicking your links using bots. Affiliate links are very important for affiliate marketing because they make it easy for product owners and affiliates to talk to each other. Affiliate links use unique identifiers such as cookies or tracking codes that ensure accurate attribution, which in turn rewards affiliates with commissions for driving sales when customers make purchases via them. Take Control of Your Affiliate Marketing Success The high-ticket affiliate marketing niche presents an immense opportunity for affiliate networks and solopreneurs who wish to assume responsibility for their affiliate marketing success. High-ticket affiliate marketing’s main benefit is the possibility of making substantial income. With the correct affiliate marketing software and if you are well-versed in a niche, you can direct your marketing efforts to achieve huge profits while guaranteeing customer contentment. Affiliate marketers must conduct thorough research, implement comprehensive partner and performance marketing solutions, and develop customised marketing strategies in order to capitalise on the lucrative and thrilling opportunities that high-ticket affiliate marketing niches offer. If you want to boost sales and be financially successful, you have to: Enroll or create big-ticket affiliate programs Understand consumer preferences and needs Identify the right services or products to promote Employ effective marketing tools and techniques Build your plan and arm your business with Phonexa’s single-operating solution, or book a demo to discover how to optimise your high-ticket affiliate marketing efforts. Frequently Asked Questions What is high-ticket affiliate marketing? High-ticket affiliate marketing is a lucrative approach to promoting and selling costly products or services on behalf of a business or vendor. By doing so, affiliates earn substantial commissions, which results in enormous financial gains. Why is high-ticket affiliate marketing an excellent choice for my business? A great way to increase your affiliate marketing revenue is to focus on high-ticket niches. Promoting high-value affiliate offers will increase your commissions per sale, which will boost your company’s earnings. How can I identify the best high-ticket affiliate option for my audience? The crucial aspect is the seamless integration of your affiliate offerings with the interests and requirements of your audience. In order to comprehend your niche and pinpoint products or services that resonate with your target audience, conduct exhaustive research. Why are high-ticket affiliate marketing niches so lucrative? High-ticket affiliate marketing niches are designed to target specific groups of people with substantial purchasing power and demands. Promoting goods or services that are essential to your target audience increases revenue and customer satisfaction. What are the necessary measures to achieve success in high-ticket affiliate marketing? In order to succeed in high-ticket affiliate marketing, adhere to these crucial steps: Choose the right big-ticket affiliate programs that provide competitive commission rates. Learn about the preferences and needs of your audience to customise your marketing strategy properly. Decide which high-value products or services are best to promote to your target audience. To attract potential clients, use marketing techniques, such as compelling content and targeted advertising.
Our latest feature releases bring valuable upgrades to the Phonexa Suite, giving you more powerful tools for improving efficiency, partner collaboration, and compliance. Along with the Buyer Referral Commission and iClear Cost Report, we’re excited to introduce a new Do Not Call Check within the Form Builder to help ensure TCPA compliance. Let’s explore each of these exciting updates! LMS & Call Logic Buyer Referral Commission Setup Phonexa’s new Buyer Referral Agent Setup enables external partners to refer new buyers to a lead provider’s platform and earn a commission on lead purchases made by those referrals. With this feature, a partner can direct potential customers to the company’s site. If these referred customers sign up and purchase leads from the lead provider, the Referral Agent partner will receive a commission on each transaction. Here’s an example: A financing company helps contractors by offering loans for various jobs but doesn’t currently sell leads (new opportunities). Recently, about 80% of the contractors they work with have asked if they could also provide leads. To meet this demand, the financing company wants to partner with a lead provider. Through this partnership, the financing company will send contractors to the lead provider’s website. If these contractors sign up on the client’s portal and buy leads, the financing company will earn a commission for each lead they purchase. To support this, the lead provider has created a new “Referral Agent” role inside of the Phonexa suite to track referrals and earn commissions. We have released the new Referral Agent role. With this role, the referral partners can earn a commission from Admin earnings for each purchased lead: New Role: Referral Agent: A new role specifically for agents who refer contractors to the Client New Referral Field on Buyer Profiles: Each buyer profile now includes a “Referral” field to capture referral information New Referral Filter and Column in the reports: Added a filter and column to identify and track referral information in reports New Setting for Enabling Referrals: Enable Referral toggle located within Project Settings Project Settings > LMS & Call Logic > Buyer Settings > Registration Process: This toggle allows users to enable the above Referral Commission Report: A new report that provides detailed insights into commissions earned through referrals, helping to track revenue generated through the referral partnership. Learn more: Buyer Referral Commission Setup iClear iClear Cost Report The iClear Cost Report, which can be enabled in your project settings, provides a comprehensive view of the financial and statistical data associated with your leads processed through our iClear services. This report gives you a detailed overview of how using iClear services impacts your lead management, offering a comparison between processes that utilise these services and those that do not. By leveraging these insights, you can strategically optimise your iClear expenses, maximising the impact of your investment for more effective and efficient results. Make data-driven decisions and take control of your iClear service costs with ease. Key Benefits of the iClear Cost Report: View the expenses associated with iClear services, gaining transparency into service costs Identify trends and peak usage periods for iClear services, highlighting cost-saving opportunities With visibility into iClear service expenses, you can strategically plan your resources and maximise ROI Learn more: iClear Cost Report Form Builder New Third-Party Service: Do Not Call Check on Form Builder Phonexa’s Form Builder is an easy-to-use tool that lets you create custom forms by simply dragging and dropping elements. It’s a self-service solution, meaning you can build and customise forms on your own without needing technical skills. With the new Do Not Call (DNC) Check feature, the Form Builder can now automatically verify a consumer’s phone number against the national DNC list before the form is submitted. This helps businesses ensure compliance with TCPA regulations by screening out numbers on the DNC list, reducing the risk of unwanted contact. Currently, this feature is available only in the U.S. Benefits of the Do Not Call Check: Compliance Assurance: Maintain adherence to TCPA regulations by screening for DNC-listed numbers, ensuring your outreach aligns with federal requirements Reduced Legal Exposure: By filtering out DNC-listed contacts, you protect your business from potential penalties associated with DNC violations Learn more: Form Builder Setup > Third Party / Validation Settings