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Presented at Big-Detroit’s January event "How to Attract and Retain Customers: Executing a Pull Marketing Strategy"
Citation preview
Executing a PullMarketing Strategy
Kevin KrasonCEO, Biznet Internet Solutions
Agenda
• Pull Marketing Defined
• Digital Marketing Solutions
• Strategy
Traditional Marketing…
Traditional Marketing is Dead
Outbound vs. Inbound MarketingOUTBOUND (Push) INBOUND (Pull)
Telemarketing Search Marketing
Trade Shows Blogging
Direct Mail Social Media
Email Blasts RSS/Content Syndication
Print Ads / Press Releases Articles, Ebooks, White Papers
Television / Radio Videos / Presentations
Inbound Marketing is desired, impactful, targeted, and extremely cost effective.
Change in Ad Spending by Medium2008 to 2009
Media Type % Change
Television -9.7%
Magazine -20.5%
Newspaper -25.5%
Internet Display Ads 8.2%Radio -26.2%
Outdoor -14.6%
According to marketingcharts.com, “US Ad Spend Plunges 14.2%; Only Online Posts Growth”
Forecast: US Interactive Marketing Spend, 2009 to 2014
Top online marketing thought leaders stress the importance of Inbound Marketing
Seth Godin: Content Marketing is the only marketing left.
Rohit Bharagava: The real secret to great marketing is creating compelling and useful content.
Brian Clark: Online, great content is effective advertising and smart marketers are the new media.
David Meerman Scott: Getting customers used to mean interrupting people with product messages. Today it’s all about compelling content.
Inbound Marketing is more Cost Effective
Search Engine Marketing(SEM)
Americans conducted 15.7 billion searches in August, 10.3 billion on Google
comScore Explicit Core Search Share Report*August 2010 vs. July 2010
Total U.S. – Home/Work/University LocationsSource: comScore qSearch
Core Search Entity
Share of Searches (%)
Jul-10 Aug-10 Point Change
Total Core Search 100.0% 100.0% N/A
Google Sites** 65.8% 65.4% -0.4
Yahoo! Sites 17.1% 17.4% 0.3
Microsoft Sites 11.0% 11.1% 0.1
Ask Network 3.8% 3.8% 0.0
AOL LLC Network 2.3% 2.3% 0.0
Organic (SEO) vs. Sponsored (PPC)
Search Marketing is Economical
SEM Growth Factors
Growth driven by:• Increasing advertiser focus on accountability and ROI• Increase in small to mid-sized businesses using SEM• Greater consumer usage of search utilities• Better targeting and niche offerings• Increase in competition
Organic Search Ranking Factors:
Content and Relevancy
Know Your Stats?
Organic Search Pros
• No cost-per-click on search engines• Greater credibility• Produces 75% of clicks resulting from
search engines
Organic Search Cons
• No guarantee of link placement on search results page
• Limited keyword use, dependent on content
• Requires writing skill to properly incorporate terms
Pay-Per-Click Pros
• Tracking• Instant results• Real-time keyword changes• Any budget• Geo-demographic targets
PPC Cons
• Price of keywords• Competition keyword use• Determining which words to purchase
Technical Site Optimization (often called SEO)
•Optimize each page with keywords
Some places keywords are used:• Titles• Copywriting• Headers• Meta tags• Image tags• Site map
Measuring Tools
Website Traffic (Google Analytics)User Demographics (Quantcast)Search ResultsPage Rank (PR) Alexa Rank Backlinks Indexed Web Pages
Content Marketing
What is Content Marketing?
The art of listening to your customers wants and needs and the science of delivering content to them in a compelling way.
Content Marketing ContinuedDeveloping and sharing relevant and valuable content to educate, earn trust, and engage customers with the objective of driving profitable actions
• Creates thousands of links from external credible websites back to your website
• Improves your website's reputation and credibility with search engines
• Improves your rank on search engines• Presents you as a thought leader in your industry• Provides potential customers with value• Drive Website Traffic• Generate New Leads and Sales
Common Content Types
• Videos • Articles • News Releases • PowerPoint Presentations • How-To's• White Papers • Wiki Material • Blog Posts
Content Marketing: Measuring Reach
• 1 in 3 articles goes viral =Distributed to more than 10,000 sites• Impressions range from 0 to millions depending on publishing property• Website statistics will identify referral sources - can quantify resulting traffic
Content Marketing Program Elements: Measurement & Reporting
• Online brand mentions
• Breadth of content distribution
• Influence on Search Engines
• Impact on website traffic
• Website rankings
• Leads
• Sales
Content Marketing Example
1,220 External Properties Linking Article to ProductSource: Google
Social Media Marketing(SMM)
What is Social Media?
Face to Face networking or Word-of-Mouth Marketing
in a virtual world
What is Social Media?
• Engagement and relationship building with prospective customers in a virtual environment
• Uses online tools to share and discuss information and experiences with others
• Integrates technology and social interaction through words, pictures, videos and audio
• Builds relationships and trust as users share stories and experiences
• Uses conversations through networking to share experiences, links, and information about a company, product or service
• Must provide value to be effective
What can Social mediado for you?
• Identify and create prospects• Create brand awareness• SEO via link building• Public relations services• Relationship and network building• Establish thought leadership• Create Business Leads
Social Media is for B2B and B2C
Source: HubSpot State of Inbound Marketing Report
Social Media Tools
• Blogging, micro-blogging, & RSS (open platform, Wordpress, Blogger)
• Wikis, & web office tools (Internal or public)• Social networks, (such as Facebook, MySpace,
LinkedIn, etc)• Social bookmarking, social news sites (such as
Digg, StumbleUpon, Reddit)• Online photo sharing, (such as Flickr &
PhotoBucket)• Podcasting/videocasting, (YouTube, iTunes, etc)
50% of Social Media activity happens on properties you’ve never heard of.
Social Media: Quick Facts
• 75 % of US Adults use social media• 49% of social media (SM) users log on daily• 31% agree SM is more credible than ads• 61% research purchases with SM• 36% use SM for purchasing decisions• 40% are talking and learning from specific orgs• 25% of users “feel better” about companies using SM• 89% of users use SM more/same as last year
Source: CNW Group and Leger Marketing
Social Media is a Key Driver inBrand Awareness and Affinity
Social Media: Measuring Reach• 75% of US Adults use Social Media• 70% of US online Adults are “spectators” of social media content• Each Social Media “creation” equates to 10+ quality impressions
(ex. 1,000 engagements= 10,000 impressions)
Creators 1,000 Conversationalists 1,375Critics 1,542Collectors 833J oiners 2,458Spectators 3,208
Total Impressions 10,417
Social Media Impressions
Social Media Process
Three phases of an end to end program:• Listening: Discovering real-time, relevant, impactful conversations• Measuring: Monitoring, analyzing and tracking those conversations• Engaging: Active dialog with customers and tracking/ tagging comments for further use
Listening Measuring Engaging
Social Media: Measurement & Reporting
• Social Media Engagements/Influence
• Online brand mentions
• Influence on Search Engines
• Impact on website traffic
• Website rankings
• Leads
• Sales
Content
Social Media
Maximizing Inbound Marketing: Search, Content and Social Media
In order to effectively use inbound marketingyou must leverage multiple channels!
Search
Strategy
Strategy
• Business Objective• Budget• Measure of Success• Resources
Business Objective
• Sales & Marketing Initiatives• Process Automation• Ebusiness• Communication (including information and
education)• Customer Service
Project Objective
Know your Target Audience
Budget
• Can you quantify your objectives financially?
• What is the lifetime value of a new customer?
• How much are you willing to pay to obtain that customer?
• What is your annual sales goal?• What is your average profit margin?• What can you afford to invest?
Measure of Success
• New Sales• Prospect and client lists• Customer service ratings• Web traffic• Time Costs• Marketing Costs• Postage• Staffing costs
Set G
oals
Resources
Internal:
Sales Manager
Marketing Manager
External:
Digital Marketing Partner
Web Developer
Advertising & PR Partners