Announcing Customer Goup and Newsletter Syncing

You spoke. We listened and delivered. We’re pleased to announce that Revenue Conduit now supports customer group and newsletter syncing!

Before explaining these new features, I would also like to announce that we’ll be hosting a webinar to demo these features and answer your questions about these new features or any other aspect of Revenue Conduit.

Based on your feedback, we may make this webinar a monthly ritual, providing you with demos of features, ideas on how to fully leverage Revenue Conduit and Infusionsoft, and answer any questions you have.

The webinar will be held on March 26th at 3pm CT. Click here to register!

Now on to the new features… Read more

2014 – Two Months In (revenue and features and growth, oh my)

I spent a few hours reviewing the 2014 Revenue Conduit Action Plan this weekend, taking a look at our goals and the initiatives we planned in order to reach them. 

Goals are powerful things. I have found that once you write a goal down, the universe immediately begins to conspire and help you reach it. 

You meet people.

Opportunities present themselves.

Strange things happen.  Read more

Remarketing to Customers using Infusionsoft CRM Data

Remarketing to your prospects and customers has never been easier or more powerful.

You should start by building remarketing segments using your homepage, landing pages, landing page thank you pages, category pages, individual product pages and post-purchase thank you page.

But if you want to take it a step further, you can use data from your CRM to build even more targeted remarketing segments based on customer purchase behavior.

Revenue Conduit makes it easy for you to segment your eCommerce customers based on the last time they bought, how many times they bought and how much they have spent with you over their lifetime as your customer.

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When Revenue Conduit syncs data from your shopping cart (Magento, Shopify, BigCommerce or Volusion) to Infusionsoft, we calculate a number of data points that are stored in Infusionsoft custom fields.  Read more

80/20 eCommerce Analysis Part 2 – The Results

In Part 1, we talked about the results of a recent 80/20 Analysis we conducted for a Revenue Conduit customer.

We found a number of customer segments that were all but invisible prior to the 80/20 analysis.

One big revelation was that only 10% of their customers accounted for 50% of revenues.

Another big revelation was that a full 85% of customers had only bought once.

When conducting 80/20 analysis, we always look for “low-hanging fruit” campaigns – campaigns that offer a relatively easy and immediate source of revenue and profit.

Campaigns that not only pay for your initial investment in Infusionsoft, Revenue Conduit and consulting but also provide an immediate ROI that can be further invested in even more profit-generating campaigns.

The biggest “low-hanging fruit” campaign was to get a second purchase from the customers that had only bought once. Knowing that the customers that had only bought once also differed based on the data of their last purchase, we also decided to further segment them into three groups – customers that last bought more than six months ago, customers that last bought between four to six months ago and customers that last bought within the last four months. Read more

What is your WOW?

wow-customersI’ve said it before and I’ll say it again – running an online store is hard and getting harder.

The cost of PPC is going up.

Google can change their algorithm and you can lose half your traffic overnight (which actually happened to one of our clients recently).

If your product can be sold on Amazon, chances are it’s already there and being sold for less money than you care to admit.

To succeed in online retail as a small business, you need to stand on something other than price.

You need a unique selling proposition.

You need something that Amazon cannot do.

Something that WOWS your customers during every interaction. Read more

How to Use LeadPages.net with Magento

One of the best ways to grow your online store is by sending traffic to a landing page and capturing leads.

LeadPages.net is growing like gangbusters and for good reason.

If you want to build high-converting, good-looking landing pages without a lot of work and expense, LeadPages.net is your best bet.

But, if you run your online store on Magento, using LeadPages.net is not an obvious choice.

Take a look at the video to see how it’s done.

If you want the code we used to update the layout, please click here and we will send it to you right away!

Hat Tip to our good friend Gareth Everson of 8 Success Drivers for turning us on to LeadPages!

PopUp Domination & Magento Updates

PopUp-Domination-Logo-Full-200Love ‘em or hate ‘em — popups work and they work well.

The second step in Lifecycle Marketing for online stores is capturing leads.

All the time, energy and money you spend on paid search, search engine optimization and social media will be for naught if you’re not effectively capturing leads.

PopUp Domination has been around for awhile. We like it and recommend that online stores use it.

Over the years, though, PopUp Domination has been a bit stagnant.

That changed with their most recent update.

5 major improvements were made, including a more intelligent ad blocker bypass and the ability to choose where your popup appears (center, bottom right, top left).

You can also remove or change the color of the popup background, and tweak the opacity as well.

A great plugin just got better.

80/20 eCommerce Analysis – A Recent Revelation

8020You never know what you will find when conducting 80/20 analysis for eCommerce.

Hidden opportunities.

Looming threats.

Clues for campaigns that provide the right message at the right time to the right customer segment you didn’t even know existed.

I’ll share with you the results of a recent 80/20 analysis for a Revenue Conduit customer. For confidentiality reasons, I’ll withhold the name of the actual company and generalize some data.

Start with Getting the Data into Infusionsoft

A recent signup for Revenue Conduit purchased our Historical Data Service to export all of his orders, products and customers from Magento and import them into Infusionsoft.

Part of the service includes calculating data and populating a number of fields within Infusionsoft.

We use the fields for RFM Segmentation (purchase recency, purchase frequency and monetary).

The fields include: Read more

We’re Just Getting Started

It’s been about 9 months since the first online store signed up for Revenue Conduit. Since April, 2013, online stores from all over the world in one niche after the next have joined the Revenue Conduit family.

With our growth well under way, and the knowledge we have gained through working with clients and subscribers, it is now time to share our experiences and open a dialogue with you. This is our first post on the Revenue Conduit blog. You can expect many more.

Revenue Conduit started as a simple plugin built to scratch my own itch. Before Revenue Conduit was even an idea, my wife and I had an online jewelry store built on Magento. We were using Mailchimp for our marketing, and we were frustrated by the lack of integration between our shopping cart and our marketing.

We had two data silos and no real way to make them talk with each other in any meaningful way.

I went on a search to find something better and thankfully found Infusionsoft (it was love at first sight).

I signed up, went through the Kickstart and my mind began racing with all the possibilities. I partnered with a long-time friend and collaborator, Parag Jagdale, and we built the first version of Revenue Conduit to connect my own store with my marketing (now being run through Infusionsoft). Read more