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Building stronger marketing teams
Marketing 2.0What does Web 2.0 mean for modern, personalized marketing?
Online marketing has changed, again. The technologies of the ‘Web 2.0’ generation of applications and services have big implications for internet advertising and how internet marketers work. They have triggered a massive wave of participative communities, online social networks, user generated content and social media that have changed the landscape marketers work in. Marketers need to adjust their models and campaigns to use these new tools and to harness the power of online marketing effectively. But to succeed in internet marketing there are challenges in thinking, structure and marketing processes that have to be overcome. What are the challenges? What are the key elements of Web 2.0 that matter most? What are the tips from our team here at Digital for marketers to approach Web 2.0 services the right way?
Danny Meadows-Klue [email protected]
Questions and debate http://www.DigitalTrainingAcademy.com/web2
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MacieMacie pytaniapytania? ? NapiszcieNapiszcie do do mniemnie
Get in touch!
Mail me more of your questions
Danny Meadows-KlueCEO, Digital Strategy Consulting
Trainer | Commentator | Strategist | Coach
[email protected]+44 (0) 20 7244 9661
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• More information? Contact: [email protected] +44 (0) 20 7244 9661• © 2000-2007 Digital Strategy Consulting Ltd & Partners• Remember that the use of these materials is subject to our terms and conditions,• they are client confidential and are not to be distributed to other parties.
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TodayToday’’s question:s question:
Marketing 2.0
“What does Web 2.0 mean for modern, personalized marketing?”
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Building stronger digital businesses© 2007 Digital Strategy Consulting & Partners. All rights reserved.
TodayToday’’s executive academys executive academyMarketing 2.0: What does Web 2.0 mean for modern, personalized marketing?
1 Key challenges for marketers in thedigital world
2 Where are we today?3 Time - the key media currency4 Money - online adspend leaps5 Marketing - new ideas6 Ways to reach consumers7 Measurement8 Key trends9 Case study - combining it all together10 Simple steps
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Your actionsYour actions after this seminarafter this seminar
• Email us for: • Details of the free Web Analytics academy you can download• Free access to our digital marketing news service• Suggested books on digital marketing• Reports on communities and social networks
• Need more?• Email [email protected] for free research
reports• Digital Insight Report• Post your questions… www.DigitalTrainingAcademy.com/web2
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Web 2.0Web 2.0A new communication ecosystemA new communication ecosystem
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Building stronger digital businesses© 2007 Digital Strategy Consulting & Partners. All rights reserved.
Web 2.0: a web of ideasWeb 2.0: a web of ideas30 different concepts that underpin successful online products and services.
Some of the most powerful issues for marketers include:
1. Participation of the audience
2. Encouraging users to generate content
3. Nurturing and harnessing online social networks
4. Tapping into the collective intelligence of groups
5. Understanding the connectedness of the user
6. Combining data sets together to create new interfaces: mash-ups
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Source www.oreillynet.com
““Like many important concepts, Web 2.0 doesn't have a hard Like many important concepts, Web 2.0 doesn't have a hard boundary, but rather, a gravitational core.boundary, but rather, a gravitational core.”” -- Tim OTim O’’ReillyReilly
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‘‘Advertising 2.0Advertising 2.0’’??Strong implications for effective communicationStrong implications for effective communication
Engagement Dialogue
Replaces Replaces
Interruption Monologue
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What are the ways to What are the ways to reach consumers? reach consumers? What are the new What are the new tools?tools?Giving marketers real accountability
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WeWe’’re seeing the arrival ofre seeing the arrival of……
New marketing models……with massive implications for direct marketingwith massive implications for direct marketing
Search engines: the new tools for customer Search engines: the new tools for customer
acquisitionacquisition……
Direct marketing……with massive implications for campaign with massive implications for campaign management and accountabilitymanagement and accountability
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More tools: branded contentMore tools: branded content
BMWfilms.com
A new role for brands as entertainment mediaA new role for brands as entertainment media
Branded content……with massive implications for campaign how with massive implications for campaign how firms can deal direct with consumersfirms can deal direct with consumers
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Building stronger digital businesses© 2007 Digital Strategy Consulting & Partners. All rights reserved.
More tools: EmailMore tools: EmailEmail is one of the most diverse
digital marketing channels
• Email as an acquisition channel• Email as a relationship channel• Email as a brand building channel
LastMinute.com
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More tools: viral emailMore tools: viral email
• Viral email marketing propels campaigns further• Virals harness people’s enthusiasm to share• Virals can build campaign reach • Virals can be particularly strong at building
brand image
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More tools: Blogging can beMore tools: Blogging can be……
• Powerful corporate communications tools: giving firms a face and their leaders a real voice
• Intimate ways for smaller firms to showcase their passions and talk with customers
• Opportunities for brands to create blogging spaces for their customers or community
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Sun's President and COO Jonathan Schwartz blog
http://blogs.sun.com/jonathan
More tools: Corporate bloggingMore tools: Corporate blogging
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More tools: SME bloggingMore tools: SME blogging
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More tools: Personal bloggingMore tools: Personal blogging
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More tools: blogs in mediaMore tools: blogs in media
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What are the key What are the key challenges for challenges for marketers in themarketers in thedigital world?digital world?
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ItIt’’s about navigating thes about navigating the……
Marketing journey ……in an unfamiliar landscapein an unfamiliar landscape
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Building stronger digital businesses© 2007 Digital Strategy Consulting & Partners. All rights reserved.
Building stronger digital businesses© 2007 Digital Strategy Consulting & Partners. All rights reserved.
Marketers areMarketers are……
Searching for direction ……and nervous about changeand nervous about change
• Internet marketing has introduced new ideas, new channels and new technologies
• Many marketers struggle to keep up to date with the new internet marketing techniques
• Firms are nervous about change; but change is inevitable and smart marketers will lead those chanegs
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Building stronger digital businesses© 2007 Digital Strategy Consulting & Partners. All rights reserved.
The internet: ItThe internet: It’’s not an information technology s not an information technology butbut……
Relationship technologies ……and creating new types of relationshipsand creating new types of relationships
• Think of the internet as not a computing technology, but a connecting technology; a relationship technology
• It’s changing the models for relationships, and where these are between individuals or companies, everyone in the communications sector needs to respond and adapt to the new landscape
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In marketing, itIn marketing, it’’s about putting the s about putting the ‘‘personalpersonal’’ back into personalized back into personalized marketingmarketing……• Marketing 2.0 is Personalized:
Deeper, richer data> Watch, don’t ask
• Marketing 2.0 is Intimate:Emotional and genuine> Engage, and share
• Marketing 2.0 is about Conversations:Between two equal partners> Take part, don’t control
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Building stronger digital businesses© 2007 Digital Strategy Consulting & Partners. All rights reserved.
ItIt’’s about buildings about building……
Intimate relationships……with customers, and earning their trustwith customers, and earning their trust
• Consumers want meaningful relationships with brands• Companies need to find ways to build these
relationships• Intimate, responsive, personalised communications
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And itAnd it’’s about a world of media saturation wheres about a world of media saturation where……
Getting noticed is tough……brands have to behave differentlybrands have to behave differently
Building stronger digital businesses© 2007 Digital Strategy Consulting & Partners. All rights reserved.
Even without the arrival of the internet, today’s effective marketing would have to have been differentMedia choices have multipliedAudiences have fragmentedThe communications mix is much more complicatedMarketing communications has to work much harder than ten years ago
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Consumers are changing their use of all mediaConsumers are making conscious judgements about the
time and way they interact with media: scheduling their own programmes, building a repertoire of regular websites, screening out some of the advertising from classic media
Marketers need to think again about all their media
And thereAnd there’’s clear evidence that customers ares clear evidence that customers are……
Rethinking media……and the media choices they make, where and the media choices they make, where they spend their time, and on what terms they spend their time, and on what terms they engage with mediathey engage with media
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The new communications landscape is also about The new communications landscape is also about
mass media being joined by themass media being joined by the……
Media of the masses……ieie, the explosive growth of social media, the , the explosive growth of social media, the democratisation of content creation, the new democratisation of content creation, the new culture of participation and sharing viewsculture of participation and sharing views
Building stronger digital businesses© 2007 Digital Strategy Consulting & Partners. All rights reserved.
• Blogger / YouTube / Flickr and Wikipedia are just a few of the first generation of brands that harnessed this wave
• The features of social media are now being harnessed by the online services of most mainstream media firms
• These new models shift part of the ownership of content creation to individuals; by doing this they change the relationship between
firms and brands
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The new social media unlock a wave ofThe new social media unlock a wave of……
self expression……social networks, sharing, participationsocial networks, sharing, participation
Building stronger digital businesses© 2007 Digital Strategy Consulting & Partners. All rights reserved.
• For marketers a key challenge is simply trying to engage with these people, and to use these spaces
• Approach this in the right way and customers in online social networks can be encouraged to spread marketing messages
• But remember that the rules are different and that these are notcommunication channels the brand either owns or has an automaticright to use, but instead one that the brand may be able to gainpermission to use from the people who participate
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ItIt’’s a new set of technologies and channels for yous a new set of technologies and channels for you……
To embrace, not resist……technology is ceaselessly progressingtechnology is ceaselessly progressing
Building stronger digital businesses© 2007 Digital Strategy Consulting & Partners. All rights reserved.
•A key challenge is that marketers are often not close enough to the technology in digital marketing•Marketing teams need to be actively exploring these new channels so they can make stronger digital decisions: blogging, social networks, collective intelligence, online communities •Get this right and it’s easier to make good decisions about strategies, processes and suppliers
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Building stronger digital businesses© 2007 Digital Strategy Consulting & Partners. All rights reserved.
Building stronger digital businesses© 2007 Digital Strategy Consulting & Partners. All rights reserved.
ItIt’’s a change in thes a change in the……
balance of power ……digital marketing teams are finding digital marketing teams are finding
themselves at the heart of a firmthemselves at the heart of a firm’’s marketing s marketing
• A further key challenge is the importance of digital marketing inside the firm
• Historically digital marketing has been small scale and under-resourced, get in as many web customers but on small scale budgets
• Now the web may be acting as the primary or initial contact point for the largest group of customers and it needs more attention
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An urgent need forAn urgent need for……
Marketing leadership……in times of massive socioin times of massive socio--economic changeeconomic change
Building stronger digital businesses© 2007 Digital Strategy Consulting & Partners. All rights reserved.
• And the final challenge is about leadership: marketing managers need to have the skills and insights to make strong decisions
• And they also need to really lead their firms and their teams through a very unfamiliar landscape
• The role of marketing teams in strategy has never been more critical
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Where are we today?Where are we today?
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11 billion peoplebillion peoplenow onlinenow online
……in all demographics, every sectorin all demographics, every sector
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10% of 10% of China China
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2006: My Space 2006: My Space -- 106m people106m people
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TimeTimeThe key media currency to track
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Time with online media Time with online media Western EuropeWestern Europe2020--27% of all time with media27% of all time with media
One day a month per personOne day a month per person24 hours a month, 36 hours in UK24 hours a month, 36 hours in UK
Bigger than TVBigger than TVThe lead media channel for many The lead media channel for many European under 34 year oldsEuropean under 34 year olds
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Polish online aPolish online audienceudience• 29.9% of population is online - 11.4m users• User growth (2000-2007) 307% • 36% of households have internet access
(22% broadband) • 89% of enterprises have internet access
(46% broadband)
Source: Internet World Stats 2007, Net Track, SMG/KRC
Need more on CEE markets?Email our team
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Money and advertising Money and advertising spendspendTracking the growth in spend shows one way of how web marketing is growing
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Online adspend in PolandOnline adspend in Poland
• €60m in 2006 • 3.6% of all media advertising spend• 35% estimated increase in 2007
Source: IAB Poland, CR Media Consulting and Eurostat
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-7.8%-5.2%
-0.8%
4.0%
41.2%
-2.0%-2.1%-4.7%
PressClassified
Radio TV Direct Mail Cinema PressDisplay
Outdoor Internet
Source: PricewaterhouseCoopers / Internet Advertising Bureau, The Advertising Association / Radio Advertising Bureau/ WARC
UK online growth 2006UK online growth 2006UK as an indicator market for EuropeUK as an indicator market for Europe
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Online overtakes direct mail: Spring 07Online overtakes direct mail: Spring 07
0
100
200
300
400
500
600
700
800
Q103
Q203
Q303
Q403
Q104
Q204
Q304
Q404
Q105
Q205
Q305
Q405
Q106
Q206
Q306
Q406
Internet Direct Mail
Source: PricewaterhouseCoopers / Advertising Association / Internet Advertising Bureau / WARC
£m
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MarketingMarketingAn academic discipline in transition
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WeWe’’re seeing the arrival ofre seeing the arrival of……
New marketing models……with massive implications for direct marketingwith massive implications for direct marketing
Need more reading tips?Email our team
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MeasurementMeasurementGiving marketers real accountability
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“Everything can be counted,but not everything that iscounted, counts”
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What should you count?What should you count?Choose the right metrics for your businessChoose the right metrics for your business
ImpressionsAd plays
Uniques
Emails
Conversions
Views
Visits
Cookies
ResponsesClick-throughs
Plays
Streams
Mouseover eventsCVs deliveredLeadsPass-on rates
IPs
Unsubscribes
Megs
Clicks
Streaming Audio
Searches
Open rates
Posts
Uptime
Brochure requests
Emails
Customers
Registrations
Gone-aways
Pimps
MinutesHitsLogins
Bouncebacks
SMSs sentRSS subscriptions
Reach
FrequencyPress Radio TV
Retail PR Finance Outdoor Brand & Direct Marketing
The sum of all media
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Building stronger digital businesses© 2007 Digital Strategy Consulting & Partners. All rights reserved.
What should you count?What should you count?Choose the right metrics for your businessChoose the right metrics for your business
ImpressionsUniques
Visits
Cookies
Click-throughs
Leads
Clicks
Posts
Reach
Frequency
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MeasurementMeasurement• Web 2.0 brings new measurement challenges
• In theory online is the most accountable of all media
• In practice it’s easy to count the wrong thing
• Consider the business process that’s being tracked and use metrics that most accurately reflect this
• Websites may be the window into such diverse business models as retail, PR, media, entertainment, events… and each may have meaning in its own metrics
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Audience metricsAudience metrics
Digital Strategy’s 5 Ps of traffic is a great way to get started…
• People (unique users)• Pages (impressions)• Persistence (stickiness / duration of visit)• Pulling power (repeat visits)• Passion (intensity of their activity)
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Web Analytics 2.0Web Analytics 2.0
…Free access to the video of our televised conference
Need more?Email our team
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Key trendsKey trendsIn digital marketingUnderstanding what will influence digital marketing in the next few years
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Key strengths get strongerKey strengths get strongerAccountabilityAccountability
Marketing effectivenessMarketing effectiveness
Customer acquisitionCustomer acquisition
Customer retentionCustomer retention
Customer journeyCustomer journey
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Integrated marketingIntegrated marketing
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Encyclopaedia: new modelEncyclopaedia: new model
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Photo album: new modelPhoto album: new model
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Web 3.0 emergesWeb 3.0 emergesFusing offline and online worlds into one
Our thanks to Joel de Rosnay :-)
Need more on the future?Email our team
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Trends: audio & videoTrends: audio & videoWith audience control and participation
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Radio: new modelRadio: new model
• Podcasting• Natural evolution from a
text ‘web’• ‘Non-linear’ broadcasting• Entertainment• Discussion
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Radio: new modelRadio: new model
Pandora: your own radio stationPandora: your own radio station
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Video: new modelVideo: new model• Changing audience expectations• People expect the emotional power of film• Production costs fall• Every firm can do this
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Video: new modelVideo: new model
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Video: new skillsVideo: new skills
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MashupsMashupsCombining data increase value: the 2+2=5 effect
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Mashup: YouTube and Google MapsMashup: YouTube and Google Mapswww.virtualvideomap.com
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Mashup Mashup Google Maps and population of US citiesGoogle Maps and population of US cities
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Case studyCase studyCombining it all together
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Creating social networksCreating social networks
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Choosing picturesChoosing pictures……
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And your finished journal!And your finished journal!
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JournalsJournals
• Gives customers a voice• Excites customers’ passions• Harnesses the viral effect of email; strong agent
for social networking• STA builds its reach • Thousands of bloggers, hundreds of thousands
of emails
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Digital Strategy Digital Strategy ConsultingConsulting’’ss practical practical tipstips
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Building stronger digital businesses© 2007 Digital Strategy Consulting & Partners. All rights reserved.
DigitalDigital’’s top tips for using Web 2.0 s top tips for using Web 2.0 techniques in your sitestechniques in your sites
1. Create an environment for participation• Create structures for user contributions• Enable communities to form• Nurture postings and talent
2. Harness collective intelligence• Give intelligence back to the contributing market• Explore secondary markets
3. Rethink your data• Invest in data• Explore mashups
4. Lever the long tail• Create a strategy for distribution and syndication• Look to smallest blog as well as the high traffic hubs
5. Replace interruption with engagement• Rethink the philosophy of your marketing• Switch from monologue to dialogue
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havehave……Build simple participative Build simple participative contentcontentLaunch Launch ‘‘top of the traffic chartstop of the traffic charts’’• Most clicked stories
• Most ‘discussed’ stories• Most watched stories (time)• Most forwarded stories• Most respected stories (user ranking)• Most searched for term• Most recently searched term• Most recently viewed content
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Getting more from the content you haveGetting more from the content you have……‘‘Top of the audience chartsTop of the audience charts’’
• Top reader – power readers who consume the most pages are experts in your site
• Top rated blogger – power bloggers and posters are given status by the members of your community
• Top tracked bloggers – who gets the most views
• Top topics – using tagging and tag clouds to articulate the interests of your audience
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Key takeawaysKey takeaways
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Building stronger digital businesses© 2007 Digital Strategy Consulting & Partners. All rights reserved.
Key takeawaysKey takeaways1 Key challenges for marketers in the digital world - change2 Where are we today? – becoming the lead medium3 Time - the key media currency4 Money - online adspend leaps5 Marketing - new philosophies6 Ways to reach consumers – new tools7 Measurement – new metrics8 Key trends – participation, engagement, Web 2.09 STA Travel - combining it all together10 Simple practical steps
And all based on strong classic marketing theory
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Building stronger digital businesses© 2007 Digital Strategy Consulting & Partners. All rights reserved.
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MacieMacie pytaniapytania? ? NapiszcieNapiszcie do do mniemnie
Get in touch!
Mail me more of your questions
Danny Meadows-KlueCEO, Digital Strategy Consulting
Trainer | Commentator | Strategist | Coach
[email protected]+44 (0) 20 7244 9661
Building stronger digital businesses© 2007 Digital Strategy Consulting & Partners. All rights reserved.
• More information? Contact: [email protected] +44 (0) 20 7244 9661• © 2000-2007 Digital Strategy Consulting Ltd & Partners• Remember that the use of these materials is subject to our terms and conditions,• they are client confidential and are not to be distributed to other parties.
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TodayToday’’s executive academys executive academy1 Key challenges for marketers in the
digital world2 Where are we today?3 Time - the key media currency4 Money - online adspend leaps5 Marketing - new ideas6 Ways to reach consumers7 Measurement8 Key trends9 Case study - combining it all together10 Simple steps
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Advanced digital trainingAdvanced digital training• Web analytics• Online media planning• Search engine marketing• Web 2.0• Building communities• Online media sales• Writing for the web• Internet product
development
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Marketing 2.0Marketing 2.0What does Web 2.0 mean for What does Web 2.0 mean for modern personalised marketing?modern personalised marketing?
More information? Contact: [email protected] +44 (0) 20 7244 9661© 2000-2007 Digital Strategy Consulting Ltd & PartnersRemember that the use of these materials is subject to our terms and conditions,they are client confidential and are not to be distributed to other parties.
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Making sense of a digital world
The Digital Training Academy
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Building stronger marketing teams
Marketing 2.0What does Web 2.0 mean for modern, personalized marketing?
Online marketing has changed, again. The technologies of the ‘Web 2.0’ generation of applications and services have big implications for internet advertising and how internet marketers work. They have triggered a massive wave of participative communities, online social networks, user generated content and social media that have changed the landscape marketers work in. Marketers need to adjust their models and campaigns to use these new tools and to harness the power of online marketing effectively. But to succeed in internet marketing there are challenges in thinking, structure and marketing processes that have to be overcome. What are the challenges? What are the key elements of Web 2.0 that matter most? What are the tips from our team here at Digital for marketers to approach Web 2.0 services the right way?
Danny Meadows-Klue [email protected]
Questions and debate http://www.DigitalTrainingAcademy.com/web2