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Actifio CEO Ash Ashutosh asked us to kick off a marketing planning meeting by talking about how marketing itself has changed, with emphasis on new strategies and tools being leveraged by savvy marketers right now. These are our thoughts.
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©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
Marketing Now APRIL 6, 2012
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
World War II
2
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
Power in production. 3
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
Economies of Scale
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
Key: Uniform Demand
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
Instruments of Uniform Demand
• Broadcast Media • Uncle Miltie • CPM • Reach • Frequency
• Homogeneity • Consumer Culture • LIFE Magazine • Middle Class • Journalism
6
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED. 7
Mad Men Ruled.
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
Over time, we got so good at production
it became a commodity. 8
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Competition Today
• Intellectual Property • Customer Loyalty • Recruiting & Retention • Culture • Strategic Partnerships • Access to Capital
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Product of Relationships
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
New, yet familiar...
Today relationships have surpassed production scale as a source of
competitive advantage.
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
Emphasis On Relationships
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21st Century
20th Century
19th Century
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
Back To The Future
12
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
Back To Basics
• First know your market. • Simple stories sell. • Your product is your marketing. • Good business is personal. • Make your customers happy.
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©2012 HOLLAND-MARK. ALL RIGHTS RESERVED. 14
New tools.
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
Marketing Now
• Outside-In Development • Emotional Value Proposition • Design Innovation • Social Marketing • Net Promoter System
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• Outside-In Development
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
Outside-In Development
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Start with what’s easy.
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a conversation you care about is already happening online.
maybe about you …
… or a competitor …
or the problem you’re trying to solve.
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
Real-World Tools
• Google Reader – Free Listening Station • UserVoice – Customer inbound channel • QualBoard – A panel of your prospects
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©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
• Outside-In Development • Emotional Value Proposition • Design Innovation • Social Marketing • Net Promoter System
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Marketing Now
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED. 20
Idea is not new.
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED. 21
“To change what people do, you must change what they feel.”
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
Emotional Value Proposition
22
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Real-World Tools
• Brand Strategy – Beyond tactics. • One Simple Thing™ – Check. • Discipline – Follow through. Needs work.
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• Outside-In Development • Emotional Value Proposition • Design Innovation • Social Marketing • Net Promoter System
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Marketing Now
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
Design Innovation
25
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
“When you see an object, you make so many assumptions about that object, in seconds. What it does, how well it’s going to do it, how much you think it should cost…”
Objectified
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Even for Enterprise?
• Fundamental human drivers in play • Enterprises don’t buy products. People
within them do. • Always a cost, and a question of value(s.)
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• Outside-In Development • Emotional Value Proposition • Design Innovation • Social Marketing • Net Promoter System
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Marketing Now
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
Promise of Social Marketing
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Scalable Intimacy
more intimate relationships than are possible through traditional
media, at sufficient scale to impact the enterprise.
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
Enabler is Worthwhile Content
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1. decide who you’re talking to.
2. listen to learn how you can help them.
3. deliver content that does so.
4. build a relationship over time.
5. ask for what you want.
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED. ©2011 HOLLAND-MARK. ALL RIGHTS RESERVED. 31
what target prospects
want
what serves your
interests
what you need to deliver
Content Strategy
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
Essential Functions
distribution and conversion activation
outreach and participation engagement
original content development creation
culling third-party content curation
monitor the conversation listening
32
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
Proven B2B Results Top B2B companies average 17% of leads from social media, and 230% more marketing-generated leads. Top 20% average the following performance metrics: • 20% annual revenue growth (vs. avg 8%, laggards -3%) • 44% of sales-forecasted pipeline generated by
marketing (vs. avg 10%, laggards 5%) • 73% annual customer retention rate (vs. avg 27%,
laggards 7%)
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SOURCE: Aberdeen Group
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
Social Marketing
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©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
New Marketing Model
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TV
internet radio
TV
radio
online display
online search
site facebook
mobile app
YouTube
mobile site
SOURCE: Forrester Research
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
Real-World Tools
• Marketing Machines – David Skok • HubSpot – Effective basic platform • Pardot – More robust, flexible, complex
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©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
• Outside-In Development • Emotional Value Proposition • Design Innovation • Social Marketing • Net Promoter System
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Marketing Now
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
What drives growth?
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ADVOCACY.
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED. 39
How do you measure it?
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
Net Promoter System
40
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“In a company of our size and complexity, it becomes critically important to simplify and focus on one number that is practical to measure. It is also vital that this metric reliably link to profits and growth. … Satisfaction surveys… don’t connect to business economics … NPS links well to both market share and profitability.”
Gary Reiner
CIO | Six Sigma Leader General Electric
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
Net Promoter System
42
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
What It Takes
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Fred Reicheld
“NPS has to be more than an executive metric to work. The best companies use it to drive action that creates promoters and converts detractors one customer at a time. One CEO called it his ‘GPS to greatness.’ I love that.”
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
• Outside-In Development • Emotional Value Proposition • Design Innovation • Social Marketing • Net Promoter System
44
Marketing Now
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
Enduring Truths
• First know your market. • Simple stories sell. • Product is marketing. • Good business is personal. • Make customers happy.
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©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
Building Relationships for…
Better communication.
Better products.
Happier customers.
46
©2012 HOLLAND-MARK. ALL RIGHTS RESERVED.
thank you. @hollandmark
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