Executive Diploma in Digital Marketing Final Lecture May 2017 Colin Lewis Agenda: Change your perspective • • • • The Models that Matter ‘The Future Isn’t What It Used To Be’ The 7 things that Matter for Your Career Guest Speaker Noel Toolan Is this what you are thinking? What to do?? Let’s look at the models that matter. # 1 What is marketing? Marketing is Persuasion Marketing is psychology • Marketing is about attracting prospects to your product • Prospects respond to emotional desires and stimuli – rarely rational • As a marketer, you want to enter a conversation that already exists in the prospect’s mind. Marketing is an insight. An insight to your customers situation that changes how they think and feel about your product or service – forever. # 2 Positioning & USP Positioning: Definition Definition ‘The act of designing a brand’s image and value offer so that the segments’ customers understand and appreciate what the brand stands for in relation to its competitors’ ‘Positioning’ means that by the time prospects arrive, they are: • • • • pre-disposed pre-interested pre-motivated pre-qualified Best example ever Best example ever #2 USP This is one of the best questions to get the answer to ‘what is my USP?’ Why should I, your prospective customer, choose you versus any & every other alternative available to me? A USP should: •Differentiate from all competition •Emphasise a positive, desirable benefit •Be easily understood Model #3. Maturity Where are you? Digital Maturity Stages 22 Situation Analysis: Internal Capabilities • Rating Website SEO SEM Email Display Social Media Mobile Analytics Basic yourknowledge current Limited Practical Experiencefrom 1 to Skills capabilities 5: Advanced Application Expert Practitioner Model #4 My R-A-C-E-R Framework Colin Lewis: R-A-C-E-R Framework © Customer Action Brand need Objective Tools Reach Get Awareness, convey features + benefits Reach & Impact Social Media, Content, Display Search, buzz, blogs, metasearch Acquire Get in Funnel Capture data Response / Action SEO, PPC -> CTA Search / Meta / User reviews Convert Get the Sale Generate response, Revenue / Sales User Journey, UX/CX Pricing Purchase instore, eCommerce / IM / mobile Engage Get Engaged Create Intent, Improve Perception Engagement, & Education UX/CX Content, Video, Storytelling Youtube, Twitter, Likes, IM Retain Keep the Customer Brand loyalty, WOM, Buzz Reward + Communicate UX/CX CRM – Email / Retargetting FB / Twitter / Email / Writing Reviews Stage 1: Reach – Get Awareness ‘Get Awareness’ • • • Reach Retain Engage Acquire Convert • • • • Target Market Personas Social Media: • Video / Instagram Digital Display Social Media Advertising Email Offline e.g. PR Stage 2: Acquire – Get in the Funnel Retain Reach Acquire Engage Convert ‘Get in the funnel’ • Search Engine Marketing • Email • Digital Display • Partnerships • Social Media Advertising • Email Stage 3: Convert -> Get the Sale Retain Reach Engage ‘Get the Sale’ • UX • Copywriting • Promotions • Personalisation • Retargetting • Payment options • Onsite search • Ratings and Review • Choice & Convenience Acquire Convert Stage 4: Engage Retain ‘Get Engaged’ • Influencer • Content • Social Sharing • Events • Webinars • Customer Service • Social CRM • Social Media Listening • Social Customer Service Reach Engage Acquire Convert Stage 5: Retain – Keep the Customer Keep the Customer • Customer Service • Email • Loyalty Programmes • Personalisation • Referrals Retain Reach Engage Acquire Convert Colin Lewis: R-A-C-E-R Framework © Customer Action Brand need Objective Tools Reach Get Awareness, convey features + benefits Reach & Impact Social Media, Content, Display Search, buzz, blogs, metasearch Acquire Get in Funnel Capture data Response / Action SEO, PPC -> CTA Search / Meta / User reviews Convert Get the Sale Generate response, Revenue / Sales User Journey, UX/CX Pricing Purchase instore, eCommerce / IM / mobile Engage Get Engaged Create Intent, Improve Perception Engagement, & Education UX/CX Content, Video, Storytelling Youtube, Twitter, Likes, IM Retain Keep the Customer Brand loyalty, WOM, Buzz Reward + Communicate UX/CX CRM – Email / Retargetting FB / Twitter / Email / Writing Reviews Model # 5 Putting the ‘Fun’ in Funnels The decision making process Awareness Familiarity (Brand Perception/ knowledge) In-market/ Active evaluation Purchase Loyalty / Advocacy What is your brand's need at every step? Awareness Familiarity In-market Purchase Loyalty / Advocacy • Build brand awareness • Maintain share of voice • Convey brand features & benefits • Generate response / leads • Capture consumer data • Improve brand perception / credibility • Improve brand favourability • Improve purchase intent • Stimulate direct / indirect sales • Improve brand loyalty & advocacy • Build brand word-of-mouth buzz What works at each stage? Objectives Awareness Reach & Impact Consideration / Familiarity Active evaluation/ Preference Action / Purchase Loyalty / Advocacy Engagement, Freq & Education Direct Response: Sales Service Web experience Reward & communicate Media Type Social Media, Content Digital Display e.g. You Tube Pre-Roll Content, Advertorials, Video, Radio Niche sites PPC SEO User-Journey & Pricing CRM – Email & Social Retargeting Or from a customer perspective..? Awareness Consideration / Familiarity Active evaluation/ Preference Action / Purchase Loyalty / Advocacy Search, buzz, blogs, metasearch Online research, user reviews, meta Social networks, Youtube, Search Purchase instore, eCommerce / We Chat - IM / instore / mobile FB / Twitter / Email / Writing Reviews, Likes, Buzz Defining Measurement Objectives Awareness Consideration / Familiarity Active evaluation/ Preference Action / Purchase Loyalty / Advocacy • Build brand awareness • Maintain share of voice • Convey brand features & benefits • Generate response / leads • Capture consumer data • Improve brand perception / credibility • Improve brand favourability • Improve purchase intent • Stimulate direct / indirect sales • Improve brand loyalty & advocacy • Build brand word-of-mouth buzz What tomeasure? measure? How to Awareness Consideration / Familiarity Active evaluation/ Preference Action / Purchase Loyalty / Advocacy • Ad impressions • Frequency • Unique users • Video views • % Reach • Ad awareness • Clicks • CTR • Conversions • Ad Interactions • Page interactions • Time spent • Impressions / Views • Visitors / Visits • Conversions • Uploads / downloads • Buzz / sentiment • Online sale • Offline sales • Repeat visits / • Buzz volume views • Buzz sentiment • Content distribution • Influencers / fans • Brand ecommendation Model # 6 Conversion New jargon term Conversion Rate Optimisation • Click to edit Master text styles • Second level • Third level • Structured and systematic approach to improving the • Fourth level performance of your website • Fifth level • Informed by insights: analytics and user feedback • Defined by your website’s unique objectives and KPIs OR • Taking the traffic you already have & making the most of it. Conversion: which work best? • Click to edit Master text styles • Second level • Third level • Fourth level • Fifth level Calls to action e.g. scarcity Model #7 Friction & Reward Customer can go where its easy or brilliant. The choice is theirs. Friction ‘list’ • Travel distance • Site layouts • User name / passwords • Trust • Discovery • Delivery • Payment • Clarity of communication • Time needed to complete a task • Product Knowledge • Processes specific to the scenario Nobody has to to a supermaret, park, get a trolley, push it around, lug it to their car, and bring it home. Reward ‘list’ • • • • • • Tribal identification Price • Experiential Service Quality elements Brand Halo • Thrill of specialism Fun • Product Knowledge Promotional Impact • Rewards specific to the scenario Mobile has forced ‘Design Thinking’ Make people want things Digital Marketing Make things people want Designing digital services & products Customer Experience Revolution Commoditisation means you can only differentiate on brand experience + customer experience +user experience #BX + #CX + #UX The Future is already here Who is this guy? “Why would anybody want to look at their pictures on an electronic screen?” The new Kodak Moment…… 1996 Market Cap: $28b Employees: 140,000 2012 Bankrupt Employees: 17,000 2012 Market Cap: $1b Employees: 23 From ‘I’ve got an idea’ to $1bn company 54 Case Study: digital camera. • Click to edit Master text styles • Second level • Third level • Fourth level • Fifth level 1976 2014 1st Digital Camera 0.01 MP / 3.75 lbs / $10K Digital Camera >10 MP / 0.03 lbs / $10 Case Study: GPS Receivers • Click to edit Master text styles • Second level • Third level • Fourth level • Fifth level 1st commercial GPS Receiver in 1981 Weight: 53 lbs; Cost: $119,900 Single Chip GPS Receiver 2010; <$5 each Case Study: Mobike Visit us at openjawtech.com •The App that became a bike •Founded in December 2015 in Shanghai, Mobike is the world’s first station-less bike share service •Mobike has 72% of the market in China with 3.13 million Monthly Active Users •Has 100,000 bikes in each of its top cities: Beijing, Shanghai, Guanzhou and Shenzhen •In January 2017, Mobikes signed an exclusive partnership with Foxconn to double bicycle production to 10 million units How does Mobike Work? • Each bike is equipped with GPS • Users locate nearby Mobikes by using the Mobike app • Scanning the QR Code activates internet controlled rear wheel lock When finished with the Mobike, leave bike in an accessible area and manually close the lock! What’s driving all this? Where is it all going? TODAY. ALL INFORMATION-BASED TECHNOLOGIES ARE ON EXPONENTIAL GROWTH CURVES DOUBLING IN POWER AND HALVING IN PRICE EVERY 12 TO 24 MONTHS. Networks, sensors, cloud computing, 3D printing, genetics, AI, robotics…… Here’s why. A new framework to use. Here’s Why: Moore’s Law 1965: Transistors shrinking so fast that every year twice as many could fit onto a chip. Gordon Moore, Co-founder of Intel Here’s what’s going to happen #1 Digitised Anything that can be digitised enters exponential growth; photos, music, genomics, manufacturing, finance, sensors… #2 Deceptive #3 Dematerialised The 1980s 30 years on, all these gadgets now fit in your pocket 67 3 Dematerialised # Cost of distribution, startups, scaling = zero. #5 Democratised 69 Another 3 billon web users – on mobile Global Population Internet Users 8.0 7.0 6.0 66% 5.0 3bn New Mind s 4.0 3.0 23% 2.0 1.0 6% 2000 2010 2020 Who cares? This is not going to affect me. It means that marketing as a career is even more in demand. Lets talk about your career. Marketing is now a Technology Powered Discipline Customer engagement thru’ tech Software is how marketing “sees” and “touches” customers in a digital world. Marketing Technology 25 years ago Marketing Technology 2016 77 This is just the advertising bit This is just Marketing Automation 79 #martech: the new 4 P’s • Products, platforms, solutions, suites, stacks for the software and services power marketing • Understand how these tools can work for you and your customer. • You need to develop technical capabilities and talent. Career planning = career limiting. You can’t plan your career because you have no idea what’s going to happen in the future. 81 You’ll change, industries will change, the world will change. 82 Instead of planning your career, focus on developing skills and pursuing opportunities. Opportunities that present themselves are about being in the right place at the right time. “Career planning #1” Be alert to opportunities that present themselves when you happen to be in the right place at the right time. “Career planning #2” Opportunities you seek out and create. Don’t coast. Don’t be one of those people. Seek it out. ‘Seize any opportunity, or anything that looks like opportunity. They are rare, much rarer than you think… Many people do not realise they are getting a lucky break in life when they get it. If a big publisher (or a big art dealer or a movie executive or a hotshot banker or a big thinker) suggests an appointment, cancel anything you have planned: you may not see such a window open up again.’ “Career planning #3” Developing skills • Click to editconcrete Master text stylesthat are useful in the real• world Second level • Third level • Fourth level • Fifth level • Technical + Soft Skills • ‘Rare & valuable’. http://dilbertblog.typepad.com/the_dilbert_blog/2007/07/career-advice.html • Click to edit Master text styles #4 What have you already mastered? • Second level • Third level • Fourth level • Fifth level Become Pi Shaped Or rather T-Shaped Career planning #5” What is the biggest leverage? You + your relationships. So work harder on yourself than your career. Spend money on your education. Your own money. Learn how to learn 1. Read, watch and analyse: Read everything. Read all the time. Start with the experts. Watch their videos, their interviews. Do you agree with them? Why? 2. Talk to people: Once you’re done reading, actually talk to real human beings. 3. Focus on your strengths 4. Full Immersion - surround yourself with. 5. Learn than by doing: Join a start-up doing what you love – it's much cheaper than paying an expensive tuition, and a hell of a lot more useful. 6. Don’t skip the fundamentals –dive into the very basic underlying principles governing the skill you want to acquire. 7. Digital Tools; in the past -> textbooks, teachers and professors. #6 Metatrends.io Colin Lewis #7 Read. Top 20 digital and tech tools • • • • • • • • • • BuiltWith.com: BuiltWith analyses websites and displays a list of the technologies used. Import.io: Import.io is a free tool for scraping content from websites.For example, if you wanted to grab a group of Twitter addresses, instead of typing them in, you can use Import.io to grab them as a CSV. AdEspresso.com: If you want a more advanced tool for Facebook ads, AdEspresso allows you to do very advanced multivariate testing and automated design. MonitorBacklink.com: If you are doing link-building campaigns to help with ranking on Google, you’ll need to monitor the status of backlinks — for example, new backlinks you gained, what you lost, which ones are good/bad and so on. BuzzSumo.com: When you’re creating content based on a topic, you can research to find similar content based around the same theme. You can find the most shared content related to that topic and use this information to help you produce the best content, headlines and so on. Hotjar: a website-tracking tool that can track activity such as heatmaps, individual session recordings, funnel and exit tracking, form analytics and polls and surveys UserTesting.com: UserTesting provides a community of people willing to test out your software based on your instruction, creating an independent view from someone who has never seen your product. Unbounce: Unbounce is a tool for quickly creating landing pages. You select a template, customise it and publish and get into A/B testing immediately. Kickbox.io: Drag your list of emails into Kickbox, and it validates whether your emails are going to be actually received by the email address. By sending approved emails, you’ll improve open rates, reduce bounce rates, have fewer chances of getting blocked and experience many other benefits. Mail-tester.com: Send Mail-tester.com a copy of your email, and they’ll let you know if it’s likely to get flagged as spam and will provide recommendations to improve. Top 20 digital and tech tools (cont.) • • • • • • • • • • http://nerdydata.com: Searches only on the text of a web page - not the code it is built with. NerdyData names the code the site is built on & finds all sites managed with the same Google Analytics account Sessioncam.com: Records customers using a website to identify usability issues, improve conversion. You can see mouse movements, clicks, form inputs. It includes mobile devices to see pinch, zoom, tap, double tap. It also instantly generate website heatmaps for mouse movement, clicks and page scrolling. Mautic.org: open source marketing automation that includes Social Media Marketing, Lead Management, Email Marketing, website forms, campaigns and reporting tools. Trackmaven.com: Gain insight into the impact that content is having with your audience and benchmark your content vs your competitors based on detailed metrics for all digital marketing channels. http://rivaliq.com: Searches the web, gathers data and content from multiple social channels, websites and SEO ranking systems. Also has a Facebook Insights integration to identify audience demographics & what content works best with them. 1-click reports can be created as a PowerPoint, PDF, Excel http://socedo.com Socedo finds Twitter prospects that match your custom and engages automatically to generate leads http://www.getlittlebird.com Uses social graph analysis to identify influencers by their ability to impact the perception of other leaders by working out the strength of influencer relationships. Curata.com : Content marketing platform and curation software that track the leads and opportunities generated by content. Use it to understand what worked, what didn't and why and find the most relevant content for your audience delivered automatically. Trendspottr.com : Predicts emerging trends, viral content and key influencers in real-time to detect accelerating trends with viral potential from Twitter before they have become "popular" and reached mainstream awareness. vwo.com: An A/B testing tool that creates different versions of a sites and landing pages using a point-andclick editor with no HTML knowledge needed – in other words, you don’t need your IT team. Great sites to learn further. • • • • • • • • • • • • • • • www.marketingdive.com www.chiefmartec.com http://marketingland.com/library/channel/martech www.kaushik.net/ www.econsultancy.com www.smartinsights.com www.techcrunch.com http://thebrandbuilder.wordpress.com/ http://moz.com/blog http://www.smashingmagazine.com/ http://www.uxbooth.com/ www.andrewchen.no http://okdork.com Find any email address: https://www.voilanorbert.com/# http://anewstip.com/: find what a journalist has been tweeting about 100 Like to meet for a cup of tea?
© Copyright 2026 Paperzz