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#CMCa2z @larrykim
Larry Kim,
CEO, MobileMonkey, Inc.
Founder, WordStream, Inc.
March 20, 2018
@larrykim @allfacebookde #afbmc
#CMCa2z @larrykim
Today’s Agenda: Unicorns!
1. Larry’s Unicorn
Theory of Marketing
3. Donkey &
Unicorn Detection
5. My Top
Facebook Ad
Hacks!
4. The Unicorn Alert &
Making Unicorn Babies
2. Unicorns
vs. Donkeys
@larrykim @allfacebookde #afbmc
#CMCa2z @larrykim
3 Random
Facts About
Larry
@larrykim @allfacebookde #afbmc
#CMCa2z @larrykim
Slightly
Obsessed With
Unicorns
Make PPC
Magical
Again!
@larrykim @allfacebookde #afbmc

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Does AdWords Really Work?
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This document summarizes a live webinar discussing common misconceptions about using Google AdWords for pay-per-click advertising. The webinar is presented by Erin Sagin from WordStream and Bryan Todd from Perry Marshall & Associates. They discuss five top misconceptions people have that AdWords is not effective, too expensive, results in traffic that doesn't convert, requires too much management, and is too difficult to use. For each misconception, they provide the reality of how to properly and effectively use AdWords to overcome these common objections.

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Creating a Profitable PPC Agency; How to Price Your Services
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Our agency expert, Elliott Reid, and our PPC expert, Erin Sagin, will reveal the strategies you need to adopt in order to establish the right pricing structure for you and your agency. Join the webinar to learn how to: -Define your PPC service offerings -Review the pros and cons of different agency pricing structures -How to determine appropriate commitment lengths per service

ppc marketingelliott reidwordstream
Live in Harvard Square, Cambridge, Massachusetts
@larrykim @allfacebookde #afbmc
#CMCa2z @larrykim
WordStream in 2008 vs. 2018
2008 2018
@larrykim @allfacebookde #afbmc
Started New
Facebook
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Venture Last
Year
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1 Reasons every startup should invest in a strong visual identity Lessons Bob learned on the path toward building a brand every team member is proud of What to do if you end up with a logo that looks like underpants WHAT YOU’RE GOING TO LEARN Company DNA EVOLVING A VISUAL IDENTITY WE LOVE DATA We are 130 people who are crazy… about data. HOW WE GOT STARTED We started out just like any other company: a few passionate people with a big idea BUT WHAT HAPPENS WHEN YOU GROW? FONTS Everything Breaks WHAT BREAKS? Communication Management style Recruiting Compensation Workflows Office space  Visual identity? WHAT IS COMPANY DNA? Company DNA: The most potent attributes of the founding team. Common Convention: this identity sticks with a company forever My Take: This is a weak metaphor. Company DNA mutates in its own lifetime. RJMETRICS DNA Our story is just one case study on how company DNA can evolve. We’ve changed a lot. We’ve also made a lot of mistakes. I hope you can learn from the story. SO WHAT WAS OUR DNA? FRUGALITY. TO A FAULT. State Prison County Prison $400/mo? Sold! State Prison County Prison Clown Tie Wrinkled MC Hammer Pants Act I: Outsourcing FAKE IT UNTIL YOU MAKE IT What do you do if style isn’t in your DNA? You buy it! …but what if you’re a broke company? You outsource it! 2008 (OUR FUNDING YEAR) Standards for consumer use impacted expectations for business use “Consumerization of the enterprise” MEANWHILE...WE GREAT AND STARTED HIRING Our needs evolved, and our DNA did too. MEANWHILE...AND EXTERNAL PRESSURE WAS RISING We A/B Tested our Want Ads WE MOVED TO PHILADELPHIA Act II: Hired Guns MEANWHILE...(STILL NO DESIGNER ON STAFF) BORROWING FROM OUR MENTORS IT WAS TIME FOR A WEBSITE REDESIGN “Can you throw in a logo?” SELF ANALYSIS Act III: Identity FRUGALITY BECOMES EFFICIENCY DNA MUTATION “We need a new visual identity.” Risky click of the day… Google customer survey results: WHAT DO WE DO? ü Abandon the dodecahedron? ü Hang our heads in shame? 50,000 uniques 0.1% view-to-SQL 50 SQLs 19.8% SQL-to-paid 10 paying clients $20k ARR ACV $200k of new ARR/year 15x ARR Multiple (w00t!) $3MM of Equity Value A Secret Society… HACKATHONS ARE FOR HACKING! Epilogue: Dodeca Pride IDENTITY IS A PART OF CULTURE Inputs: •  How people treat each other •  Your core values Outputs: •  Perks •  Identity REASONS EVERY STARTUP SHOULD INVEST IN A STRONG VISUAL IDENTITY

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One of the biggest mistakes businesses make when they first venture into content marketing is a lack of strategy. Often they adopt a 'one-size-fits-all' approach to their content marketing channels only to see their efforts dashed. The truth is what works on social media, does not necessarily work on search, and the reason usually boils down to how your audience uses these channels. Discover to how understanding audience's intent on Search and on Social Media can help you build a holistic content marketing strategy that works. In this presentation by Daniel Hochuli, you'll learn: - Why same content published on both search and social media often fails to deliver results. - How to develop and optimise a content marketing strategy that best suits your digital channels. - How to intelligently report content marketing success using audience metrics.

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This is My
Chatbot Builder
Tool
(No Coding
Required!)
@larrykim @allfacebookde #afbmc
World’s Biggest 3-Year Old
Kid (#ppckid)
#ppckid2 due
May 27, 2018!
Me
Wife, Kay Lee, (Heart
Surgeon!)
#CMCa2z @larrykim
Today, 98% of
marketing efforts
go nowhere (and I
think I know why!)
Part 1: Larry’s Crazy Unicorn Marketing Theory
@larrykim @allfacebookde #afbmc
#CMCa2z @larrykim
WordStream Blog Article Performance
for Stories Published in 2017
I work hard on +300
blog last year but I
only found 8
Unicorns (2.6%). The
Rest Were Donkeys!
WHY?!
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Facebook & Google Algorithms Have
Dramatically Changed How Traffic is
Distributed
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Winner-Take-All. Time to
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Visibility on Social Media is
Increasingly Winner-Take-All!
What to do about it??
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of the Year for Inc. Magazine in 2015 vs 2016
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New Strategy!
Unicorn
Marketing!
Time to Re-Align our Definition of “Quality” with how
Facebook & Google Algorithms (Paid & Organic) Work!
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What’s the difference? Hint: It’s both
RELATIVE & CROSS-CHANNEL!!
@larrykim @allfacebookde #afbmc
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Post Engagement Rates for 129 Facebook Status
Updates for a Random Customer
Unicorn Social
Updates are +10x
More Engaging Than
Donkey Posts
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A Small
Number of
Stories (10%)
Generate
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Traffic
(+60%)
Typical Blog Traffic Distribution
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#CMCa2z @larrykim
Unicorns
(Your Top 3%)
Viral Hits
(Gangnam Style!)
VS
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The Key To AdWords Has Always Been About
User Engagement (Quality Score)
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your AdWords CPC
10 Discounted by 50.0%
9 Discounted by 44.2%
8 Discounted by 37.5%
7 Discounted by 28.6%
6 Discounted by 16.7%
5 Google benchmark
4 Increased by 25.0%
3 Increased by 67.3%
2 Increased by 150.0%
1 Increased by 400.0%
You Save
You Pay
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#CMCa2z @larrykim
Facebook & Twitter Ads:
Higher Engagement Rate = (Much) Lower Cost Per Engagement
Engagement Rate
Cost per engagement
$.005 $.02 $.03 $.08
68%
7%
21%
37%
$3.00
1%
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What About Organic Search?
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Sinking To
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What About
the Facebook
Newsfeed
Algo?
@larrykim @allfacebookde #afbmc
#CMCa2z @larrykim
User Browses Feed
Newsfeed algorithm displays something it thinks might
be interesting to the user.
Did User
Engage With
Content?
Great. Next Time I
See Updates Like
This, I’ll show it on
this users newsfeed
and for others like
him/her.
Larry’s Greatly Simplified Facebook Newsfeed Algo*
*Note: Not Official Facebook Diagram.
Rats. Next Time I’ll
try different status
update for this
person and won’t
bother showing it to
people like him/her.
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twitter adsadwordssocial media advertising
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Social Unicorn
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Unicorn
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PPC, SEO & Social Media Employ
ML-Enabled Algos that Reward High
Engagement Content with Greater
Visibility.
Engagement Rates (e.g. CTR) =
‘Key Quality Metric’ of Unicorn
Marketing!
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Unicorn Detection
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9 out of 10 marketers suffer from
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Non-Unicorn Campaigns
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Content Promotion: Small Tactics With HUGE Impact - Larry Kim's Presentation ...
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Webinar Recording: https://icontact-videos.wistia.com/medias/mwfi87z186 Larry Kim is widely considered one of the premier experts on paid search marketing. As a paid search consultant, his strategies were so successful he founded WordStream to productize his techniques which have helped thousands of businesses get better results while saving time and money with paid search and social media advertising. In this webinar brought to you by iContact, Larry takes a deep dive into data he has gathered from analyzing thousands of integrated marketing plans in terms of how paid search, social media, your blog, and email marketing all work together to bring in business. He shares his humorous findings on how to find your “Unicorns” and dramatically increase ROI by putting into action what you glean from paid search and social to the betterment of your email marketing. Find out: - The importance of Click-through Rate (CTR) and Quality Score - The difference between a “Donkey” and a “Unicorn” - Create “Unicorn” ad copy that blows away the competition - How to remarket effectively using your email lists and visitors to your website

ppclarry kimicontact
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Larry’s Unicorn Detecting Pyramid Scheme
1. Produce and Audition
Lots of Campaigns
2. Measure User
Engagement Rates
3. Kill the Donkeys
4. Find The Unicorns and
Sound the Unicorn Alert!
@larrykim @allfacebookde #afbmc
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What’s a Good
Engagement Rate?
@larrykim @allfacebookde #afbmc
#CMCa2z @larrykim
High
Engagement
Unicorns
Low
Engagement
Donkeys
What’s the
Difference?
(Remember: It’s
Relative!)
@larrykim @allfacebookde #afbmc
Email Subject Line Open Rate
Can We Connect on Linkedin? 46.21%
44 Fabulous Tips for Facebook Advertising 30.25%
Wake up and smell Google’s Expanded Text Ads 26.75%
10 Easy Facebook Marketing Ideas 26.09%
Magic Facebook Marketing Tricks 25.29%
Are Facebook Ads Right For Your Business? 24.78%
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3 Underused AdWords Features That’ll Blow Your Mind 12.35%
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#CMCa2z @larrykim
# 2: Larry’s
Unicorn
Slush
Fund!
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#CMCa2z @larrykim
Unicorn Slush Fund Monthly PPC BudgetVS
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#CMCa2z @larrykim
#1: Larry’s Unicorn
BRAND Hack for
Doubling or Tripling
Click Through Rates!
@larrykim @allfacebookde #afbmc
#CMCa2z @larrykim
Click Through Rates of
New vs. Repeat Visitors
New Visitors
(LOW Brand Affinity)
Repeat Visitors
(HIGH Brand Affinity)
@larrykim @allfacebookde #afbmc

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Brand Affinity DRAMATICALLY Impacts CTR (+2-
3x!)
@larrykim @allfacebookde #afbmc
#CMCa2z @larrykim
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CONVERSION RATES (+2-3x!)
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Earlier!)
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Target Audience (Which
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Overlapping
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Sell (Your Niche)
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How Content Marketing REALLY Works
STEP 1:
Demand Creation: Create & Promote Inspirational / Memorable
Content about Your Brand to your Target Market
STEP 2:
Bias Formation: People See Your Content, But Don’t Necessarily Take
Action Right Away.
STEP 3:
Harvest Demand: Later when the
Need Arises, People either:
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for Your Stuff
Do Un-Branded Search but
Biased Towards Clicking &
Buying From You.
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6. Russian Ad Hack
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double CTR.
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All Mean?
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+ Facebook Ads?
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5
4
3
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2
1
Kill Your Donkeys.
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