developing the ideal digital marketing plan
DESCRIPTION
For best results driving marketing ROI, integrate proven technologies / tactics with new social media techniques. But, adjusting demand generation and maturation to the stage of the product in its market is critical to effective utilization of resources.TRANSCRIPT
© 2007 etc…group, Inc. Confidential/Proprietary 1
presented by
Mike Cichon
Digital Marketing Practice Director
November 17, 2009
Social Marketing for Small Business
Developing the Ideal Marketing Plan
© 2007 etc…group, Inc. Confidential/Proprietary 2
Snapshot: Advertising and PR spending
3 -- Radio Advertising Bureau. 4 -- BIA Advisory Services
2 -- Newspaper Association of America1 -- IAB / PwC
Internet advertising (Q1’09)1
Online ads on news-owned sites (Q1’09)2
PR spending (Q1’09)
Radio advertising (1Q’09)3
Television advertising (2009)4
News print Ad Spending (Q2’09)2
Email marketing (CAGR ’09 -’14)5
5%
13%
10%
24%
20%
30%
11%
5-- Forrester Research, June ‘09
© 2007 etc…group, Inc. Confidential/Proprietary 3
Social media impact on Email
Social media platforms utilize email
Connections made cross interaction channels
© 2007 etc…group, Inc. Confidential/Proprietary 4
Snapshot: On-line social participation Facebook: 65.7m monthly visits (200m+ users) Twitter: 4.5m monthly visits Blogs: 346m readers (77% of active Web users) Social Networks: 35-49 age group up +11.3 million (2008)* Mobile: Social network access up 156% (19% overall)* Video: Audience growth up 339% (since 2003)* Search: Up 50% (since 2003)*
* – Neilsen On-Line
© 2007 etc…group, Inc. Confidential/Proprietary 5
Forrester weighs in on business buyers
© 2007 etc…group, Inc. Confidential/Proprietary 6
Getting found on the Web
Associate expertise, authenticity and transparency with your
brand
Website
Web-PR
Forums Social Bookmarking
Blog / Micro-Blog
Wikis / Directories
Other Social Media
Social Networks
© 2007 etc…group, Inc. Confidential/Proprietary 7
Digital marketing opportunity map
High
High
Low
LowResources Required
Bu
sin
ess
Im
pa
ct eBook
Placed ads
Mobile ads
Off-page SEO
Web PR
Video / podcast
Programmatic email
Maintain business / social
directories Paid search
Web programs
On-page SEO
Manage Twitter presenceMonitor and respond to blog /
comment mentions
Improve Blog
© 2007 etc…group, Inc. Confidential/Proprietary 8
Digital marketing self assessment
Are my messages and products interesting to my target audience?
How does my web traffic / trends compare to the competition?’
Is my website an effective vehicle for demand generation?
What is being said on-line about my company, competition and market?
What are my most promisingdigital marketing “outposts?”
© 2007 etc…group, Inc. Confidential/Proprietary 9
Creating great content …
Great content should be- Simple and easily understood
- Controversial or note worthy
- Trust worthy and believable
- Multi-dimensional
- Emotionally appealing
- Wrapped in a story
Why Some Ideas Survive and Others Die
By Chip Heath and Dan Heath
Random House, 2007
… the type people will want to share
© 2007 etc…group, Inc. Confidential/Proprietary 10
The Classic Sales Funnel
Awareness /
Demand Generation
Deals
Opportunities
Prospects
Leads
Inquiries
Early
Stage
Mid
Stage
Late Stage
Mar
com
Foc
us
New Product in a New or Re-segmented Market
BrandingTesting / Validation Awareness /
Demand Generation
Paid Advertising
© 2007 etc…group, Inc. Confidential/Proprietary 11
Social media vs PR /paid advertising
Early
Stage
Mid
Stage
Late Stage
Mar
com
Foc
us
Paid Advertising
Social Marketing
BrandingTesting / Validation Awareness /
Demand Generation
New Product in a New or Re-segmented Market
© 2007 etc…group, Inc. Confidential/Proprietary 12
Starting “small” with social media
Incorporate social into your daily routine- Listen and respond
- Share links to great content
- Encourage key staff to do the same
Bookmark on the Web Subscribe to Feeds
Share on Twitter
© 2007 etc…group, Inc. Confidential/Proprietary 13
BlogWebsite
Thank You!
(Content)
Thank You!
(Event)
• Articles
• Links
• News
Favorites
Going “big” with social media
To augment market monitoring, branding and demand generation
© 2007 etc…group, Inc. Confidential/Proprietary 14
Avoid the social media “black hole”
Know what you want to measure- Web traffic and click streams
- Twitter follows, retweets, favorable mentions
- Facebook fans and interactions
- Blog subscriptions and 3rd party blog mentions
- Lead volume and quality (median score)
- Inbound leads, queries
Establish a corporate social media policy Don’t just generate leads, nurture leads