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Understanding the Marketing Mix for Growth

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Understanding the Marketing Mix for Growth

  1. 1. Understanding The Marketing Mix for Growth Date: Aug. 15, 2014 Dawn Marie Yankeelov Founder & President, Aspectx dawny@aspectx.com
  2. 2. What We Will Cover “In the beginning, God logged on,”…. The CirculatingTXT Joke-- TECHNOLOGY impact Year 2025: Father angrily to his little kid: “Why don't u trust me... I told u a hundred times that you were really born, not downloaded.” http://www.zedge.net/txt/272456/?pos=8&search=technology&cep=8
  3. 3. Public Relations >Useful in a Call to Action >Building a Brand >Expert Status >Launch of Product or Service *Event Planning Trade Shows, Seminars *Media Relations *Incentive Programs The art of communicating with specific groups to inform and educate effectively to create a positive opinion.
  4. 4. Marketing >ASPectx believes that solid marketing plans begin with defining your target audiences and reviewing sales objectives. >Research aka Competitive Intelligence. >Strategic Planning. >Tactics. >Execution. Defined activities designed to support specific strategy for an organization or corporation with purposeful tactics to produce tangible results
  5. 5. Competitive Intelligence The action of defining, gathering, analyzing, and distributing intelligence about products, customers, competitors….any aspect of the environment needed to support executives and managers in making strategic decisions for an organization. >Connections are Accessible in Niche Groups >Ability to Be Found Has Increased >Still Work to Make Sense of Data Out There >Data Needs to Be Intelligence
  6. 6. Timing of Initiatives “That Depends.” Tell Me More. Answer basic questions: >Target Market? >How Does This Target Market Receive Info? >Uniqueness or Value of What You Are Selling? What Business Phase are You In? Startup New Product Rebranding
  7. 7. Moving from Strategy to Tactics --Know Your Competition --Know Your Target Audiences --Determine Your Budgets—3,6,12 Mths. --Plan a Review/Measurement Cycle --Plan a Multi-Channel, Marketing Mix for HyperEngagement
  8. 8. Get Focused: Ask Questions Focus Groups—Live Video Discussion Groups—Google Hangouts Skype, Ooo Voo etc … for Key Customer Gatherings FreeConferenceCall.com (records all the dialogue/intl. possibilities) Online Surveys— Surveymonkey.com, GoPollGo.com FB Fan Page—Dialogue and Incentivize Linked In Groups Pinterest (only 7% of retailers in)
  9. 9. The Press Release is Not Dead Content is King—Could be a Pic; Could be Video Think of a press release as a piece of content. A blog entry Pressroom Article ….Emarketing….Newsletter (yours or someone else’s) Testimonial/Case Study Video testimonial How-To Information Forums Social Media Posts
  10. 10. Content Form Matters Wire Services Give You a Quick Hit for SEO PR Web MarketWire PR Newswire Business Wire
  11. 11. “A Picture is Worth a Thousand Words” Growth of visual content going up over last 12 months • Photos are liked 200% more than text updates • Videos are shared 1,200% more than links and text posts combined Video • In 2016, video will be responsible for 70% of mobile data traffic Infographics show complex info in a simple, visual format • Compiled statistics and graphs, charts have high value in web content http://www.jeffbullas.com/2012/08/27/the-facts-and-figures-about-the-power-of-visual-content- infographic/
  12. 12. Best Video Campaigns: Will It Blend? For Blendtec http://www.youtube.com/watch?v=USiaeXzYk OE Ranked by Advertising Age as the No. 1 viral ad in the history of the Internet - - 2011
  13. 13. “ I Want to be in Mashable” • What does your management team look like? • How much have you raised? • Does the product work/is it stable? Are you out of beta development? • Can we show more than one case study of an ROI? • Is anyone big really using your software, app, website? >>>>>One Possible Strategy: Infographic approach.
  14. 14. Where to Target: Pay to Play or Look for Opps •Mobile APP Review Sites—HMMMM… “iOS developer Andrew Smith has accused several mobile sites of demanding money in exchange for timely reviews. A number of outlets are allegedly demanding anywhere between $5 and $150 for the privilege of their summaries. Smith has decided to create an ever- updating list of sites that engage in this practice. So far he's made a note of AppCraver, Tapscape, Best 10 Apps, The iPhone App Review, iPhone Toolbox, and iPhone Footprint. Each one has a different method of soliciting money from developers. ”—Aug. 30, 2012, Destructiod
  15. 15. “Email is Dead; Long Live Email” Emarketing Still Works Rev Up Your Business Card Stack ExactTarget.com Pingg.com ConstantContact.com LinkedIn – Recommendations, Groups Evite.com Groupon >>>Search and email remain the two online activities that are nearly universal among adult internet users, as 92% of online adults use search engines to find information on the Web, and the same number use email.
  16. 16. Web 3.0>Mobile Engagement >Web 1.0 was about web connectivity, the giants of that epoch catalyzed by Netscape were companies like AOL, Yahoo, and Google. >Web 2.0 was social, with Facebook, LinkedIn, Zynga, Twitter…as the foundational creators of the web’s ‘social layer.’ >Now we’re entering Web 3.0, which is mobile, and we are in the thick of it. -- http://techcrunch.com/2012/08/11/analysis-web-3-0-the-mobile- era/
  17. 17. Goodbye Laptop • The Number Of Mobile Devices In Use Exceeded World’s Population By End of 2012 • In 2011, mobile data traffic was 8 times the size of the entire global Internet in 2000 (597 petabytes vs. 75 petabytes)
  18. 18. 7 Game Changers • A No. 1: Mobile Payments/Pay by Phone •#2: Healthcare Choices by Phone •#3: Education on Mobile •#4: Govt. Gone Mobile •#5: Localization of Everything Continues •#6: Video & Chat With the Multitudes (and Siri) •#7: The Next Really Important Social Network, And the Answer is….
  19. 19. Hospital Marketing Got Started Early •Indiana’s Columbus Regional Hospital • Added mobile version of site 2010—See that more than 13% now connect that way routinely •Athen’s-GA-based Regional Health Services • QR Codes for Mammogram Appts.—Appts. up 15% on request forms from QR Code •Baltimore’s MedStar Harbor Hospital • GeoTargeted Mobile Ad Display Campaign with Emergency Care door-to-door directions •HealthLeadersMedia 3/2012
  20. 20. Mobile App Trajectory Get the App Ranked: •Run an intensive CPI (cost per install) Campaign (days) •SEO/Keyword search optimization •PR •Discounting •Reviews in Blogs of Interest •Time Release at Trade Shows •To be in Top 50 of Category: 25,000 downloads per day on the app store (as of June 2012). 10,000 to be top in China. 5,000 in UK and South Korea.
  21. 21. Over the Rainbow
  22. 22. Mobile Metrics Flurry.com
  23. 23. Mobile Metrics Reading
  24. 24. Takeaways •Be Collaborative •Define Strategy •Find Call to Action in the App Or Hold on Build •Determine Audiences in Advance •Use Metrics •Do Targeted, Intense Promotions to Drive Up Usage •Experiment with Other NEW social paths •HyperLocal is Useful so Leverage
  25. 25. Links of Interest •See embedded video—SF Speakers on Mobile for the City http://insiderlouisville.com/news/2012/10/15/listening-in-how- technology-will-make-a-smarter-louisville/ •CDC’s Social Media Toolkit http://www.cdc.gov/socialmedia/tools/guidelines/pdf/socialmediatoolk it_bm.pdf •Mobilize Your Website http://gigaom.com/mobile/google-wants-to- mobilize-your-web-site-for-free/ •9 Businesses Using Pinterest Contests •http://www.socialmediaexaminer.com/pinterest-contest/ •Fatfinger Factor http://www.nypost.com/p/news/business/fatfinger_factor_M6tlkx9itnD bdoLl2cui6M
  26. 26. All-Time Best Aspectx PR Campaign 2002 – Kentucky’s Tax Amnesty Campaign. $20 Mil Goal. $100 Mil Raised. Most activities took place in 90 days. Startups That Became Multi-Nationals That Used Aspectx: Genscape; Brox (Germany); Intellon (now Atheros) (home and commercial automation)
  27. 27. Contact Aspectx, 7003 Harrods Landing Dr., Prospect, KY 40059 W: 502-292-2351; Cell: 502-548-1304 dawny@aspectx.com Twitter: dawnyaspectx Find me on Linked In, FB, Google+ Skype: dawny1962

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