digital strategy for startups
Post on 17-Oct-2014
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DESCRIPTION
Presentation given to Hult MBA's Co-Creation Lab.TRANSCRIPT
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DIGITAL STRATEGY FOR STARTUPS
Anish shah 3/12/2014
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WHO AM I?
Anish Shah Principal Consultant Purveyor of Growth
bringruckus.com @anish_shah [email protected]
WHO AM I?
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QUESTION
is digital marketing important?
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WHY DO DIGITAL MARKETING?
The internet – the party everyone is at
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WHY DO DIGITAL MARKETING?
Small business survey
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OK, I GET IT. I NEED DIGITAL. NOW WHAT?
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DIGITAL STRATEGY LIFECYCLE engagement
acquisition
activation
retention
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ENGAGEMENT/ACQUISITION research
§ Find a Company Name and URL without a lot of competition online
§ Basic search on Google and Google Trends
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ENGAGEMENT/ACQUISITION Blogging
§ Begin even before your company begins
§ Thought Leadership
§ Medium.com
§ Guest Blogging (HuffPo, Forbes, etc.)
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ENGAGEMENT/ACQUISITION Social media
§ Build profiles and pages on all relevant social networks § Twitter, LinkedIn, and any industry-specific social networks
§ Begin inviting people to follow, connect, like, etc. At launch time, you don’t want to be at zero.
§ Post sketches, thoughts, questions for you audience, photos of your team, etc. Keep your audience engaged.
§ Don’t post just for the sake of posting. Make sure the content is interesting, and enjoyable to the audience.
§ Ask for feedback through your Facebook page. This is a great place for early product feedback, and multiple different viewpoints. If you’re embarrassed of this interaction at launch time, the posts are simple to delete.
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ENGAGEMENT/ACQUISITION Press research
§ Find articles written about your industry.
§ Figure out writers and publications interested in your sector
§ Set up Google alerts § Who is your audience?
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ENGAGEMENT/ACQUISITION Press outreach
§ Prior to launch, build and pitch content that is: § Educational § Funny § Personal
§ Take a look at the specific publications, and tailor your content to fit their style. Ex. “Top 10 List…”
§ At launch time, put together a press release focused on: § Your Product § Founder Stories § Why you’re different
§ Keep it simple. Begin your pitch with a short intro that explains what your pitch is about. Don’t mention every single thing about your product.
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ACQUISITION SEO – search engine optimization
§ 70% of the links clicked on Google are organic (not paid)
§ To rank website importance, Google and other search engines look for: § Backlinks – How many
websites have URLs linking to your website
§ Keywords – If someone is searching for chocolate donuts, Google will show sites that discuss chocolate donuts
§ This is why it’s important to get blogs and media outlets linking to your site
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PAID ACQUISITION SEM
Purchasing Sponsored Listings on search engines, usually Google.
Display ads Clickable “Banners” that show next to content on websites
Social ads Ads on Facebook, LinkedIn, Twitter
Retargeting Showing display or social ads only to people that have visited your website
Native advertising Paying to have an article written by a major news outlet
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TRADITIONAL PAID ACQUISITION SEM
Display ads
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SOCIAL ADS facebook linkedin twitter
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NEWER PAID ACQUISITION Retargeting Native advertising
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ACTIVATION Customer research
We invest heavily in customer ratings and reviews because they are used by up to 80% of shoppers to guide purchases. Global Director, 3M
The shopping trip now begins long before the shopper enters the store, so store-focused marketers have to move their efforts forward. CEO, Saatchi & Saatchi
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ACTIVATION website
§ Even if you have an offline product or local business, people will look online to learn about you.
§ When building your company’s website, it’s important to include: § Explain “Why should people love or trust you?” § A place for people to enter their email addresses § Positive testimonials § Links to your social media site § Relevant product or brand images § A clear explanation of how to access or purchase your product (CTA)
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ACTIVATION a/b testing
§ It’s important to test the elements of your website, emails, and ads.
§ Test one thing at a time to make the results easier to read.
§ All tests should be “actionable” = results can be used in future rollouts
a b
§ Copy § Length § Layout § Call-to-action § Product explanation § Color § Price § Featured Product
Examples of elements to test
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ACTIVATION a b
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ACTIVATION a b
Version B, the category-‐centric layout increased total clicks by 14.93% and product page views by 5.72% both at a 99.9% confidence level.
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bad
RETENTION Email marketing
§ Recipients have low patience § Get to the point fast § Focus on only 1 or 2 subjects § Use an equal amount of image and text § Avoid writing long paragraphs. Try bullet
points and images.
§ Only send emails to people who have signed up for them
good
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RETENTION SEGMENTING Cross-sell lifestage
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RETENTION SEGMENTING Re-engagement welcome
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TOOLS Search marketing
blogging
Website builders
Slides from 2-hour long Email Marketing 101 class: http://www.slideshare.net/AnishShah/email-marketing-101-30405023
§ Google Trends § Google Keyword Planner
§ Medium.com § Wordpress § Tumblr
§ Squarespace § Wix § Weebly
Email marketing
§ Mailchimp § Vertical Response § Customer.io
Analytics & a/b testing
§ Google Analytics § Optimizely § KISSMetrics
Social media management
§ Hootsuite § Buffer § Hubspot
Press
§ PR Newswire § Technorati
Good marketing blogs
§ Hubspot § SEOmoz § Mailchimp
Paid acquisition
§ Retargeter § Google Ad Builder § AdStage
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THANK YOU.
NOW GO OUT AND DOMINATE.