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MARKETING IN THE NEW AGE OF MEDIA Markonix, LLC

Marketing in the New Age of Media

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Presentation from the BEN 2020 networking event held on Oct 4, 2011 at the Henely Group offices in Singapore.

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Page 1: Marketing in the New Age of Media

MARKETING IN THE NEW AGE OF MEDIAMarkonix, LLC

Page 2: Marketing in the New Age of Media

Introduction

© 2011 Markonix, LLC www.markonix.com

Abhijit Athavale• 18 year industry veteran with loads of experience in

engineering and marketing• Founder of Markonix

Markonix, LLC• Provider of marketing, learning and writing services• Founded in 2006

‐ HQ in Silicon Valley‐ Development team in India

• Enables businesses to reduce cost of marketing deliverables‐ Web properties, presentations, brochures, manuals, etc.

Page 3: Marketing in the New Age of Media

Marketing 101

© 2011 Markonix, LLC www.markonix.com

Associated with selling products/services• Entrepreneurial reluctance

Doing what you do in normal course of business• Starts with need/opportunity identification• Common sense tasks

mar·ket·ing /ˈmärkitiNG/

Noun: The action or business of promoting and selling products or services.

Page 4: Marketing in the New Age of Media

Marketing Media & Channels

© 2011 Markonix, LLC www.markonix.com

Media used to communicate messages to customers• Traditionally TV, Newspaper,

magazines, radio, billboards Channels used to deliver

product to customers• Distributors• Partners• Direct sales

Internet is a big disruptor• Media and channel all rolled into

one

Page 5: Marketing in the New Age of Media

Source: Image Systems Media

Page 6: Marketing in the New Age of Media

New Rules of Marketing

© 2011 Markonix, LLC www.markonix.com

Directly communicate your messages to customers• No need to work with middlemen

Personalize messages• Throw one size fits all messages out of the window

Instantly generate sales• Internet allows instant gratification

Reduce cost of sales significantly• Traditional media buys may go to Zero

Page 7: Marketing in the New Age of Media

Do’s and Don’ts

© 2011 Markonix, LLC www.markonix.com

Have a conversation with your customers• Customers can now talk to you directly as well• Get a feel for community expectations• Avoid spin

Do not flood the media with press releases/one way communications • Issue press releases using free/cheap online press

distribution sites• A pull campaign is more effective

Identify right media/channel for your business• Everything is not for everyone

Page 8: Marketing in the New Age of Media

Some Things Stay the Same

© 2011 Markonix, LLC www.markonix.com

Very important to get these right• Positioning• Strategy• Messaging• Branding• Quality• Customer service

Page 9: Marketing in the New Age of Media

Summary

© 2011 Markonix, LLC www.markonix.com

Internet has disrupted traditional marketing channels and media

Direct communication is a two way street A solid marketing strategy is still essential

to business success

Page 10: Marketing in the New Age of Media

Contact Information

Abhijit Athavale – President & CEO, Markonix, LLC Tel: +1 408 716 8577 Cell: +1 408 718 0561 India Cell: +91 98500 81963 [email protected] http://www.markonix.com• LinkedIn: http://www.linkedin.com/company/markonix-llc?trk=fc_badge• Twitter: http://www.twitter.com/markonixllc • Facebook: http://www.facebook.com/pages/Markonix-LLC/129296410464509

Local contact – Mrinal Patwardhan Tel: +65 9451 5706 [email protected]

© 2011 Markonix, LLC www.markonix.com

Page 11: Marketing in the New Age of Media

THANK YOU