mktg350 lecture 09092013

26
Online & New Media Tools of Digital Marketing SNC-MKTG350 September 9, 2013

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Page 1: Mktg350 lecture 09092013

Online & New MediaTools of Digital Marketing

SNC-MKTG350September 9, 2013

Page 2: Mktg350 lecture 09092013

Tonight’s Agenda: Communication Pathways in Marketing• Read Chapter 1 in Analytics text• Quiz 3• Tools of Digital Marketing– Websites and blogs– Search: Google, Bing & Yahoo

• Organic results• Paid results

– Email – Automated marketing tools

• Eloqua, HubSpot, etc.

• First blog post due: Wed., Sept 11

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Key Points: Analytics• Paid vs. Owned

– Paid can be banners, pay-per-click, sponsorships– Owned means advertiser owns it: website, email, Facebook, Twitter pages

• Earned Media– Public relations, ie., placed stories in news or reviews– Going “viral”

• No digital strategy can succeed based on only one media type.• Targeting is done thru combo of first- and third-party data• Cookies are yummy things, filled with crunchy data• A funnel is used to sell things…more efficiently• User feedback tells a richer story about the sale, products, user

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Pathways of Communication

• Advertising:One to Many

• Social/Online Media:Many to Many

Online is more nuanced than just two simple models

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Websites

• A website, also written as Web site,[1] web site, or simply site,[2] is a set of related web pages served from a single web domain.

• A website is hosted on at least one web server, accessible via a network such as the Internet or a private local area network through an Internet address.

• All publicly accessible websites collectively constitute the World Wide Web.

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Websites

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Websites – What Can You With Them?

• Communicate your brand, products, position and location

• Provide in-depth information and news in text, videos, testimonials, PDFs

• Generate leads• Make sales• Get feedback• Create a marketplace for products or info

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Websites – What Can’t You With Them?

• Compensate for running a business poorly• Replace customer service• Make your products better• Find people who don’t want to know about

you or your product• Follow your clients around until they buy

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Why not just use Facebook?

• Your audience might leave Facebook• Facebook is not under your control• You can’t do all functions in Facebook that you

can on your own site:– Transactions– In-depth information– Gather systematic feedback

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Which model?• One-to-one communication?• One-to-many communication?• Two-way communication?• Many-to-many communication?

Websites = Mostly one-to-many+ Limited two-way communication

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Blogs

• A specific kind of website• May only have the blog content, may have more• Content is constantly evolving• Content can be words/opinions, photos, videos• Possible to comment on blog contents and other

comments

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• Header• Content area• Sidebar area• Footer area

Blog Must-Haves

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Which model?• One-to-one communication?• One-to-many communication?• Two-way communication?• Many-to-many communication?

Blogs = Mostly one-to-many + many-to-many communication

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engine

site

reader

Search

• Using the structure and content of your site to show up favorably in search results

• Using the tools of the search algorithms to provide relevant content to reader

• Search engines are a third party in your messaging = distributor

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Search

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Search

• How Google’s improvements have changed your readers’ relationship with your site

http://www.google.com/insidesearch/howsearchworks/algorithms.html

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Which model?• One-to-one communication?• One-to-many communication?• Two-way communication?• Many-to-many communication?

Search = “Filtered” two-way communication

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Email

• Sending a message to many readers at one time about your product, could be:– Straight-up ads/offers– Newsletters– Invitations– Surveys

• Usually part of a schedule of messages• Most effective with “house lists”, people who asked to

be sent messages, updates

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Email Does Work!

Source: Custora E-Commerce Customer Acquisition Snapshot, June 2013

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Which model?• One-to-one communication?• One-to-many communication?• Two-way communication?• Many-to-many communication?

Email = One-to-Many communication

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Automated Marketing Tools

• Using software to systematically and automatically deliver marketing messages

• Often follow-up messages:– “Please review your purchase of…”– “Your 10-day trial is about to expire…”

• Repetitive tasks• Allows greater analysis• Can be confused with customer service

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Automated Marketing Tools

• After a download or a trial period (aka, lead qualification)• After a purchase (capturing reviews, feedback)• Event RSVP’s• Scheduled increments before a predictable future

purchase (ensuring future revenue):– domain expiring– oil change is due

• Often emails, could be posts or site messages• A certain response triggers other automated messages

INTELLIG

E

NCE

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Automated Marketing PlayersProvider Employees Client # Software Integration Cost

Eloqua 300+ ~1,200 Oracle/Siebel, SalesForce, Microsoft Dynamics

$2000-4000/mo

Marketo 350+ ~2,000 Microsoft Dynamics, SalesForce

$1795-2995/mo

HubSpot 500+ ~8,000 SalesForce, AdWords, Analytics

$200-1400/mo

Pardot 60+ ~1,000 SalesForce, ExactTarget, AdWords, other CRMs

$1000-2000/mo

Source: MarketingMattersInbound.com, June 2013

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Which model?• One-to-one communication?• One-to-many communication?• Two-way communication?• Many-to-many communication?

Automation = Manufactured two-way communication

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Next session:• Read Chapter 2 in Analytics text• Social:

– Facebook, Twitter, Mashable & Pinterest, FourSquare• Deals:

– Living Social, GroupOn• Videos:

– YouTube, Hulu, Vine• Web and mobile apps

– Apple and Android stores as distribution channels• Mobile devices• Podcasts, syndication and RSS• Database marketing• First blog post due: Wed., Sept 11