With progressive profiling, instead of putting a 15 field form in front of your next potential prospect, use progressive profiling and only ask for the first couple pieces of information. Then, as they come back over time, continue to gather a little bit more.
And then it all falls apart.
The Problem With Progressive Profiling
Most people simply don’t come back to your site that frequently and they don’t see that much content from you.
According to DemandGen Reports’ 2014 B2B Buyer Behavior Survey, only 38% of buyers said they viewed more than 4 pieces of content from the vendor they ultimately selected, and that includes videos, articles and other content that doesn’t require registration. (Source, Page 6)
Most of your potential prospects will never even see your second form. Even the people who ultimately buy from you will never see it!
The Biggest Progressive Profiling Mistake
Marketers bury critical information they need to identify a prospect in the second, or even the third, form.
Unfortunately your prospect never gets the chance to provide it. Marketing never gets the opportunity to identify and deliver a lead.
Alternatively, consider the math (stick with me, this isn’t that hard):
- Without progressive profiling, you may get a 5% form complete rate on your landing page.
- With progressive profiling, let’s be generous and assume you get a 3x form compete rate, or 15%! Now they are in your database. Next you send three emails and get a unique click rate across those emails of 30% (wow, that’s generous). If 35% of these visitors complete the second form in your progressive profiling sequence, the complete rate from the initial visit is 1.6%.
Thanks to progressive profiling, your database is a bit larger, but your conversion rate dropped by more than two-thirds with a very generous set of assumptions. Your reality is likely much worse. Return visits will only close the gap a little bit.
Fixing Progressive Profiling
Instead, the first form needs to include the critical information that identifies a potential prospect. For many marketers, this minimum can be as simple as name, email and company.
Progressive profiling can then be used to capture additional nice-to-have information, from location to current purchase plans to preferences and attitudes that can shape the following communications from both sales and marketing.
If you sell cloud services, your progressive questions could capture additional information about preferences (public vs private clouds), current state of cloud adoption or perspective on security in cloud computing. Each response helps to build a more complete profile, but it isn’t critical information.
Finally, if your critical, must have information includes 15 fields, you don’t need a new form solution, you need to re-evaluate your lead requirements.
Have you frequently been on the receiving end of progressive profiling? If not, is it because you don’t give most companies the opportunity to put multiple forms in front of you over time? Let me know in the comments below or on Twitter (@wittlake).