Landing Page Best Practices for Financial Services
Landing pages for financial services are an efficient and effective way of providing value to visitors in exchange for their information. Once integrated with other digital marketing strategies, they give you the ability to increase conversion rates and funnel efficiency.
Here’s how you can optimize your landing page to convert more than the average two percent:
Understand Your Visitor’s Frame of Mind.
As a financial services marketer, you want meaningful conversions – not high bounce rates. This can only be done when you speak directly to your visitors, without judgement, but with an understanding and purpose.
Think from the perspective of your potential clients: what do they want? What
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(What makes it better?)
For one thing, the image on the right serves a more important purpose than that of the previous one. It should come as no surprise that mature adults dominate the retirement market’s customers. A study by PwC reports that aging baby boomers are growing anxious about their financial welfare; that they are actively seeking advice.
As a financial services marketer, your goal should be to meet them halfway. By putting yourself in their shoes, you can make an effort to reduce their stress and try to support them. This is what makes this page more effective than the previous one. TD’s emphasis on “help”, with “helping you figure it out” in the message, and the “need help?” call extension, utilizes an opportunity to build a client satisfaction model.
Remember, because online services take way the real face-to-face interactions with customers, managing the customer service experience is that much more important when it comes to building your brand in the digital space.
In short, this landing page does everything that the first one does, but more importantly, it speaks directly to potential clients in a manner that
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Consumers do online research and price comparisons, especially when the product or service belongs to a high involvement category such as those in financial services. These customers will trust you with their income and life savings; it’s only fair that you give them the best value-for-money.
You could use a more direct approach like this: Or you could not only target to price sensitive customers, but also justify why you offer the best value: See the difference?
The three bullet points offer a value proposition that will not only retain your visitors’ interest, but also prompt them to act on it.
And remember, just because your landing page doesn’t involve a “price”, doesn’t mean that this point does not apply. In this context, price has more to do with value-proposition than it does with numbers and figures.
And lastly, simplicity never hurts anyone.
This tip encapsulates everything we have discussed and more. This is an opportunity for you to use your newly acquired knowledge and analyze the two following examples:
1)
2) These two diametrically opposed landing pages in terms of design, strictly, give us a lot to talk about. Lets compare and
“Bank Human 3.0” ad campaign demonstrates TD Bank’s commitment to connecting seamlessly over multiple channels. TD is actively engaging with current and future customers on major social media sites such as Facebook, Twitter and YouTube (Media Room, 2016). TD as a brand, from a vision standpoint, is really focused on being ‘better’ – not the best. “When you are the best, you settle. When you are better, everyday, you are trying to do more.”
The road is rarely crowded on the extra mile. While others are settling for generic content that looks, smells and acts like the same content everyone else is producing and publishing, you should be taking your content to the next level and developing real solutions to your customers problems. I know you can do it! Take a listen to the latest Social Zoom Factor podcast episode #229 to learn 25 Ideas for Helpful Content Marketing that will inspire, educate and empower your dream customer! Need more help?
Ellen Goodman, in her article “The Granny Voters, Getting out the Vote” (September 11, 2014), implies that nowadays, politicians attempt to gain favoritism from senior citizens by suggesting stereotypical ideas regarding their future, rather than their grandchildren’s. Goodman develops her point by heavily using pathos to highlight the value of children while asserting sarcastic remarks. Her purpose is to promote the message behind her newly formed group, “GrannyVoter”, in order to influence grandparents to publicly speak out their values beside “social security, prescription drugs, and medicine” and the changes they truly want to see. Goodman formulates an informal relationship with her audience of grandparents who are not pleased with the
Whenever doing comparison shopping, questioning the value of a higher priced item over the lower priced one is only natural. The customer is rightfully interested in a purchase that delivers the best value. In fact, this questioning is necessary because automatically buying the most expensive or least expensive item guarantees that many of your purchases will deliver dissatisfaction rather than value. It all comes down to what "best value" means to you. For different people, this means different things, and at this point, little more can be said.
Companies will also need to anticipate and assess which new skills and training older employees will require, particularly in the realm of technology where they may feel less comfortable than many of their younger colleagues. The federal workforce is building toward a potential retirement wave in coming years, with more than a third of career federal employees projected to be eligible for collecting their end-of-career benefits by September 2017, compared to just 14 percent at the same time in 2012. The dynamic of this workforce is the wealth of knowledge, skills, abilities, and experience that will be walking out the door never to return. Millennials will make up 50 percent of the U.S. workforce by 2020 and 75 percent of the global workforce by 2030. At issue is how to attract and retain
We have to continually keep in contact with our customer. Raising awareness and educate them on potential
Final Thesis The Baby Boomer era has decreased since War War 1, leaving mostly the government and Canadians distress about how this event will impact societies economy and the debts our generation has to pay. Supporting argument #1 With the peak in births during the Baby Boomer era, this has resulted in financial instability within society. Supporting argument #2 Society as a whole is experience difficulties managing the effects of the aging Baby Boomers. Introduction During the 1947 to 1965, about 76.4 million children were born, this phenomenon was eventually labeled as the Baby Boom (Canadian Encyclopedia).
Customers pay for value, and offering prices, lower than competitors, for the same benefits or creating unique benefits for higher price, creates superior value. A company implementing a strategy for creating value, different from competitor’s strategies, has a competitive advantage.(Barney,1991), thus, giving Amazon, a strong chance against its competitors. Petaraf and Barney (2003), stated that when a company creates greater economic value, it has an advantage over its competitors. Economic value is the difference of the perceived benefits received by the customers from the company’s economic cost. Although there are various ways of gaining competitive advantage without being the best in all aspects, there should be superiority in value creation (Peteraf and Barney, 2003).
4.4 Pricing Strategy For a number of reasons, price is one of the most important aspects of an effective marketing strategy (Gerstein & Friedman, 2015). First, price is the only marketing variable that generates revenue. Second, buyers see price as an attribute of value (Tanner & Raymond, n.d.). Consequently, an organization must carefully assess its internal and external environment to choose the most effective pricing objective, which—in turn—will drive a product’s initial pricing strategy.
The pricing strategy or pricing policy is one of the most important managers make for a product as it affects the profitable outcome and competitiveness that a product may make. (Toni, 2017). A business can use a variety of pricing strategies when selling a product or service. The price can be set to maximize profitability for each unit sold or from the market overall. It can also be used to defend an existing market from new entrants, to increase market share within a market or to enter a new market by dropping the price or offering more benefits with the device such as packages.
One of their key strategies in meeting this goal is a focus on customer service in order to create an experience for its consumers. Another one of their strategies is to ignite their emotional attachment with consumers. They also have
6.1.2 Price Price is the value or amount that customer pays to buy a product. For instance, for our Star Lab ice cream shop, we need to consider the cost of production of our ice cream, price of our main competitor and our potential customers demographics in order to succeed this competitive market. (C. Breidert, 2007, p.9) 6.1.2.1 Pricing Strategy Pricing strategy that can be used by our company such as penetration pricing, cost-plus pricing, value based pricing and more. But we think that market penetration pricing is the best pricing strategy to be used by our business.
Advertising Marketers whom need to reach large, geographically dispersed audiences, often with high frequency, use advertising to promote their business. The cost per exposure is low, although the overall costs are high. It builds brand image, and may stimulate short-term sales, but it’s a one-way communication with potential customers. Personal Selling Personal selling is very effective in building customer relations and helping the customer move from the knowledge and awareness stage to conviction and action.