enterprise university course 236 - value proposition design – ed mayuga

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Value Proposition Design – Communicating Your Value Through Digital Media Enterprise University Course 205 Fall 2016 – Ed Mayuga

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Page 1: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Value Proposition Design – Communicating Your Value Through

Digital MediaEnterprise University Course 205

Fall 2016 – Ed Mayuga

Page 2: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

How many of you have been in my class before?

You will recall that I have spoken about social media and content marketing in the past.

Page 3: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

There is need to discuss how to generate content to market to and

persuade an audience.

Page 4: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Are you currently creating online content but feel that there is room for

improvement?

Page 5: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

At the end of today’s course, you will understand how to use content marketing

to persuade.

Page 6: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Use Value Proposition Design to author content for the audience to

know, like, and trust you!

Page 7: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

The Art of Persuasion

Page 8: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Who do we tend to listen to? The Influencer / Maven / Insider

Page 9: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

We seek the inside scoop on where to save money, solve a problem,

get a deal etc.

Page 10: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

What is the first thing you do when you need a product or

service? You Google it.

Page 11: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

We look for the information on the first page of Google results, social

media, or

Page 12: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

We want referrals from a trusted source, someone with credibility, an

Influencer / Maven / Insider

Page 13: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

We look for “social proof”

Page 14: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

We ask our friends or family for referrals

Page 15: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Then, we may go to online sources for validation – i.e. Forums, groups, clubs etc.

Page 16: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

We look for online reviews – Amazon, Yelp, etc.

Page 17: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

How does someone become an Influencer?

Page 18: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Asks the same questions as you, but goes further

and shares that knowledge online.

Page 19: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Lets people know that what mistakes they have made as well

Page 20: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Being authentic online translates into trust, which gives you influence!

Page 21: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Persuasion is a Process. It is Marketing.

Page 22: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Persuasion is when You persuade someone to do something. (Marketing)

Page 23: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

The Art of Convincing, on the other hand,

is when you convince

someone of something.

(Sales)

Page 24: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

You need to understand their needs – PAINS vs. GAINS

Page 25: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Speak in the affirmative – let your audience know you have their best interests in mind

Page 26: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Be frequent and consistent with authoring and posting information online

Page 27: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Public relations are Earned Media, which persuades through building trust and

credibility

Page 28: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

PR has more impact than paid advertising because it’s harder to obtain

Page 29: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

PR takes 2, 3, or 4 calendar quarters to take effect, but is effective at

generating sales

Page 30: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

If you want to find out more, check our Ann Marie’s EU Course 205: Public

Relations 101

Page 31: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Building an Audience

Page 32: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

You can evoke an emotional response by demonstrating that you care about their

problems

Page 33: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Testimonials and LinkedIn Recommendations - You have an audience that can vouch for you

Page 34: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

People can Google your name and find out what you know and discover

content that you share

Page 35: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

BUT, in order to persuade effectively, your audience needs to be engaged

Page 36: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

People have to know you

Page 37: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Are you a thought leader?

Page 38: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Are you responsive to online inquiries and comments?

Page 39: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Locally, does your audience see you on STLToday or the…

Page 40: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

People have to like you

Page 41: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

How do you know that people like you? Have you asked your inner circle?

Page 42: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Are you easy to talk to and approachable in public?

Page 43: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Philanthropy and charity

Page 44: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

People have to trust you

Page 45: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Is the product or service that you are marketing reliable and a good value? Why?

Page 46: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Do you back up your product or service claims with your reputation?

Page 47: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Do what you say and say what you do!

Page 48: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Value Proposition Design

Page 49: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga
Page 50: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga
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Let’s Work on Your Value Proposition Canvas!

Page 55: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Look at the Handouts

Page 56: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Let’s start with the Customer Profile first

Page 57: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Then we’ll transition to the Value Proposition

Page 58: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Who would like to share their Value Proposition Canvas?

Page 59: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Tell us about your product

or service, then your

Customer’s Jobs

Page 60: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

What is your biggest challenge?

Page 61: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Feedback from the audience?

Page 62: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Pain Relievers and Gain Creators

Page 63: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Do your Pain Relievers match the Customer Pains?

Page 64: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

What type of content/posts do you think that your potential clients would like to see?

Page 65: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Don’t confuse your Product/Service with Gain Creators

Page 66: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

How do you receive customer feedback? I.e. Survey Monkey, client

interviews etc.

Page 67: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Do your Gain Creators match the Customer Gains?

Page 68: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Let’s look at the positives that your Product/Service provide

Page 69: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Is there a correlation between Customer Pains/Pain Relievers?

Page 70: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Is there a correlation between Customer Gains/Gain Creators?

Page 71: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Does your product or service match the Customer’s Job?

Page 72: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

What features/benefits would your potential clients want to see?

Page 73: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

What additional benefits would your existing clients want to see?

Page 74: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Don’t confuse a product/service

feature with a Pain Reliever/Gain

Creator

Page 75: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

How do we apply the Value Proposition Canvas to Content Marketing?

Page 76: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Sharing your knowledge

Page 77: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Long-form - an online article or white paper that demonstrates your thought

leadership

Page 78: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Short-form – Facebook posts, Tweets, or short blog entries to do the same thing

Page 79: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Case-studies – real-life examples of how your product or service has helped your

customers

Page 80: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Promoting Pain Relievers and Gain Creators

Page 81: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Where is your audience?

Page 82: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

What is a simple social media post you can create today to promote these benefits?

Page 83: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Current marketing materials - Are you promoting Pain Relievers and Gain Creators?

Page 84: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Content Marketing Acronyms – WIIFM, TOMA, and FOMO

Page 85: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

WIIFM – What’s in It for Me?

Page 86: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

TOMA – Top of Mind Awareness

Page 87: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga
Page 88: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Through Social Networks and Digital Media

Page 89: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Persuasion through Social Media

Page 90: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Facebook / Instagram

Page 91: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

User generated content – Keep in mind it is a “social” media site

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Excellent for B2B marketing

Page 96: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Your posts appear on the Wall, similar to Facebook

Page 97: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Excellent tools for lead generation

Page 98: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Website / Blogging

Page 99: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Don’t build your brand on rented ground! Use a self-hosted website (Owned Media)

Page 100: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Content Management System (CMS)

Page 101: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

If you blog, you can easily share that information through social media

Page 102: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Earned Media – Relationships with Industry Bloggers, Journalists, and Influencers

Page 103: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga
Page 104: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Enhances your reputation as an Influencer and thought

leader

Page 105: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Gives you credibility and TOMA

Page 106: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

A Google search for your name will list press releases and news

Page 107: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Earned Media placements are hard to obtain, but are extremely valuable

Page 108: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Lives on the Web indefinitely

Page 109: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Placements Local, Regional, National, and Trade Press

Page 110: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Can be used in marketing materials

Page 111: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Affirmation from the reporter and publication

Page 112: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Reporters have a story to tell

Page 113: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Media relations will position you as an expert

Page 114: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Articles are shared on social media by the author and publication

Page 115: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Paid Media

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Pay Per Click - Show up on the

first page of search results

Page 118: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga
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Provides data that can help you with content authoring

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Craft sales messages in-line with Facebook content

Page 122: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Sponsored Posts

Page 123: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Remarketing - Ads that follow you around your Facebook feed

Page 124: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Generate your email marketing list

Page 125: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Capture emails on your offer pages

Page 126: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Increases qualified leads in your email marketing database

Page 127: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

Convert leads into buyers with special offers for insiders

Page 128: Enterprise University Course 236 - Value Proposition Design – Ed Mayuga

In Conclusion – What We Discussed Today…