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Adobe Marketing Cloud Success Story AutoTrader.com Drive for success AutoTrader.com Atlanta, Georgia www.autotrader.com www.kbb.com Results • Boosted landing page conversion by 33% through a single test • Increased conversion by as much as 8% through specific pricing modifications • Helped transform relationship from a vendor into a strategic business partner • Measured increases in search traffic from 133% to 1,775% for specific vehicle models during the Super Bowl • Improved visibility into current market trends and cross-channel marketing opportunities • S hared insights across the organization and with business partners • Improved visibility into online traffic and visitor segments • Delivered enhanced online experiences to audiences Trusted resource for new and used cars uses Adobe Marketing Cloud to improve insights into multichannel audience behaviors and create additional value for business partners Whether it’s a hybrid or sport utility vehicle, foreign or domestic, daily-driver or a dream car, AutoTrader.com has built its reputation on providing consumers and dealers with the optimal environment for buying and selling new and used cars. The trusted resource connects buyers with dealerships and private owners not only to make one-time transactions, but also to create lasting relationships through positive buying experiences. In 1998, the company established itself as an innovator in the automotive industry—when other companies relied heavily on traditional print media, as well as television and radio ads, AutoTrader.com chose to go digital. Today, that same spirit of innovation lives within its digital marketing and sales groups by delivering higher value services and industry insights to its advertisers and customers, as well as finding new, cost-efficient opportunities for dealers and manufacturers to sell cars and capture the attention of online visitors. “For AutoTrader.com, the key to success has always been delivering more advertising value for our clients than any other medium by increasing product exposure and brands across digital channels,” says Thomas Gage, senior director of business development at AutoTrader.com. “After nearly a decade of digital innovation, we are now inventing a new future by leveraging our rich audience data to provide a more relevant consumer experience and a deeper understanding of consumer behavior through analytics for our clients.” “Our dealer service levels are outstanding, maintained through the largest sales force in the automotive shopping space,” adds Scott Hernalsteen, senior director of enterprise analytics. “The analytic solutions and insights provided by an unparalleled consumer base offer our dealer customers and consumers valuable information to better target their products. We care about their success.” AutoTrader.com wanted to create new audiences for sellers by learning about specific online visitor segments, driving them toward a more targeted experience, differentiating between an enthusiast surfing for a car and a buyer that will visit a dealer’s showroom this weekend, and ultimately influencing buying decisions. Additionally, the company wanted to share its insights into audiences with dealers and manufacturers to help them understand the value of a proposition delivered by AutoTrader.com, as well as generate additional sales opportunities for its online properties—including Kelly Blue Book—through both car sales and advertising. To bring all of these elements together, AutoTrader.com chose to build on its outstanding creative and merchandising capabilities with a more integrated, data-driven approach to its online properties. The company selected Adobe Marketing Cloud, including the Adobe AudienceManager, Adobe Analytics, and Adobe Target solutions, to bring analytics, content optimization, and audience management together through a single, unified platform. AutoTrader.com uses Adobe Marketing Cloud solutions to gain deeper insights into online visitor behaviors and preferences to enable marketers and partners to optimize content display and offers, as well as marketing and ad campaigns. Challenge • Delivering additional value to business relationships • Enhancing customer experiences • Driving new sales opportunities Solution AutoTrader.com is using Adobe Marketing Cloud, including Adobe Analytics, Adobe Target, and Adobe AudienceManager to build valuable insights into multichannel user behaviors, deliver superior online experiences, boost sales and conversion, and enhance business relationships. Systems at a Glance Adobe Marketing Cloud, including the Adobe Analytics, Adobe Target, and Adobe AudienceManager solutions. Capabilities used include: • Marketing reports and analytics • Ad hoc analysis • Audience management • AB testing • Multivariate testing Optimizing, not cannibalizing Leveraging Adobe Marketing Cloud, AutoTrader.com gains granular insights into online interactions and delivers actionable data to business partners—adding value to its relationships and creating enhanced experiences for online visitors. Adobe solutions enable the company’s marketing teams to create and deliver targeted, personalized experiences that enhance visitor engagement with content and advertisements. For example, using Adobe testing solutions, AutoTrader.com can display alternate types of advertisements and content based on user behaviors and preferences, while at the same time screen for fraudulent or computer-automated activity. “Using Adobe solutions we can quickly identify and segment real user navigation from automated activities to improve confidence behind our testing and content delivery—all while enhancing security,” says Gage. “On a day-to-day basis, Adobe solutions allow us to incrementally grow revenue by optimizing small changes to our sites, as well as clearly identify greater opportunities that translate into significant gains for our business units.” Advanced testing functionality enables rapid prototyping of all aspects of AutoTrader.com’s website, such as adjustments to overall page design, navigation, and imagery. Easily digestible reports deliver real-time results that help marketers make positive business impacts across channels. Landing, search result, product, and many other pages are optimized to improve engagement, user experiences, and conversion under cohesive branding umbrellas. Using Adobe solutions, the company has compressed the time between testing and deployment to just four days and decreased the bounce rate by 10% in the process. Additionally, if a unique customer has shown an affinity towards a specific type of content or has engaged partner brands prior to arriving on its website, the company not only delivers custom-tailored displays and content, but it also refines displays to incorporate vehicles from targeted manufacturers and varies layouts and offers. Adobe solutions helps AutoTrader.com business partners identify specific audiences and deliver targeted campaigns, resulting in increased conversions and more car sales. By integrating advanced testing and analytics capabilities, AutoTrader.com gains granular insights into how customers interact with content, optimizes end-user experiences based on new layouts and displays, and quickly measures success. For example, through a single landing page optimization test, the company saw a 33% lift in conversion by aligning layout and calls to action with customer behaviors and preferences. Using Adobe solutions and data-driven insights, AutoTrader.com helps ensure benefits within one area of its site are neutral or positively impact revenue in other areas. “Adobe solutions enable us to constantly engage our customers with new, relevant content and offers—guiding more people more often down a conversion path.” Thomas Gage Senior director, Business Development, AutoTrader.com “Adobe solutions enable us to constantly engage our customers with new, relevant content and offers—guiding more people more often down a conversion path,” says Gage. “We realize that a visitor’s true intent becomes clear when looking at interactions across sites, which the integrated Adobe Marketing Cloud platform enables us to do with ease.” AutoTrader.com also is gaining deeper insight into cross-channel marketing opportunities to help position the company and its business partners as industry leaders. To illustrate, the company measured “off the chart” spikes in traffic across its property during the Super Bowl and directly related those boosts to the airing of television commercials for each brand. During the broadcast, AutoTrader.com measured increases in vehicle searches for specific models between pregame festivities and commercial air time from 133% to 1,775%, as well as increased search traffic for related models from the same brand weeks after the Super Bowl was over—demonstrating the short- as well as mid-term power of online and offline cross-marketing opportunities that cannot be ignored. “Shoppers will visit the website that most immediately comes to mind and advertisers may not see the full benefit of their investment,” says Gage. “AutoTrader.com has great brand awareness and was able to measure Super Bowl automotive TV audience engagement by showing the immediate impact during the game and the weeks following.” New revenue streams Once content is optimized for sales and conversion, AutoTrader.com can share these insights with manufacturers and dealerships to help them develop new advertising and display tactics, as well as help monetize campaigns through the company’s online properties. By offering business partners more valuable insights into content—such as the importance of price points and the impact gas prices have on consumer choices in vehicles—as well as online traffic and visitor preferences, the company leverages Adobe Marketing Cloud solutions to extend the value of its services to business partners. For example, an unexpected finding was that data showed that vehicles priced at $15,000 were more exposed than vehicles priced at the long-revered $14,999 price point. Pricing at $10,000 versus $9,999 created even greater lift (8.05%). With Adobe AudienceManager, part of Adobe Marketing Cloud, AutoTrader.com can take raw data about web visitors and translate it into meaningful insights that inform more successful advertising campaigns. As a result, AutoTrader.com is enabling its business partners to reach customers with highly relevant ads as customers move across manufacturers’ and dealers’ websites. For example, using Adobe solutions, AutoTrader.com identified a specific user segment for a major national automotive manufacturer, enabling the company to target new advertising and display content that mapped closely to customers’ previous inquiries and use patterns. “Providing data-driven insights and audience management solutions demonstrates the value of doing business with AutoTrader.com and has offered our business partners new sales opportunities.” Thomas Gage Senior director, Business Development, AutoTrader.com “By targeting the right ads to the right audience, we helped generate a significant increase in revenue for our business partners by helping them sell thousands of new cars across the United States—everyone walked away a winner,” explains Gage. “Providing data-driven insights and audience management solutions demonstrates the value of doing business with AutoTrader.com and has offered our business partners new sales opportunities.” Additional findings have catalyzed AutoTrader.com to publish a series of industry-leading analytic reports that educate dealers, manufacturers, and consumers. Moving forward, AutoTrader.com plans to leverage Adobe Marketing Cloud solutions to more tightly integrate audience data with mobile and social media channels to develop a complete picture of audiences everywhere they touch AutoTrader.com. This robust customer analytics and audience management solutions refine optimization strategies, improves customer engagement across channels and devices, and helps AutoTrader.com’s business partners use metrics with certainty to drive the most revenue. For more information www.adobe.com/solutions/ digital-marketing.html Adobe Systems Incorporated 345 Park Avenue San Jose, CA 95110-2704 USA www.adobe.com © 2014 Adobe Systems Incorporated. All rights reserved. Printed in the USA. Adobe and the Adobe logo are either registered trademarks or trademarks of Adobe Systems Incorporated in the United States and/or other countries. All other trademarks are the property of their respective owners. 95021188 7/14