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Leveraging the Right Social Media and Digital Marketing Channels to Drve Growth

  1. Digital Marketing & Social Media: Identifying & Leveraging the Right Channels to Impact Sales Growth Ernie Humphrey CEO, 360 Thought Leadership Consulting
  2. OUR AGENDA Setting the Stage: Marketing & Digital Marketing (DM) DM: Identifying the Right Channels for Your Company DM: Leveraging the Right Channel Vehicles for Your Company The Business of Social Media: Marketing & Advertising 2 Developing a Digital Marketing Plan for Your Company Closing Thoughts and 10 Great Resources
  3. THE HUMOR: MARKETING IS FUN! Top 5 Signs You May Need Digital Marketing 101 5. You think Instagram is a breakfast treat. 4. You think that LinkedIn is a fashion accessory. 3. You are studying up on bird calls so you can catchup with all of the other who are “tweeting” out there. 2. You think that blogging is the consequence of eating too much ice cream. 1. You are worried that you are “it” when someone says they tagged you in a photo. 3
  4. WHAT IS MARKETING Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large. Direct Marketing generates profitable business results by using targeted communications to engage specific audiences through a combination of relevant messaging and offers that can be tracked, measured, analyzed, stored and leveraged to drive future marketing initiatives. 4
  5. WHERE MARKETING GOES WRONG SPAM- Not Targeting your Efforts to any Specific Audience Based on a Perceived Desire to Learn More about your Products and/or Services Continued Outreach after a Specific Request to stop Receiving Information Too Much Too Often Not Enough Information Not the Right Messaging No Intent to Inspire Action Offensive Verbiage in Messaging Only Treating Potential Customers Like Transactions 5
  6. WHEN MARKETING GOES RIGHT Sharing Information that Improves the lives of Those to Whom You are Marketing Delivering Thought Leadership Building Customer Relationships Inspiring Specific Actions Invoking Emotional Reactions (Positive) Inspiring People to Share Information about Your Products & Services 6
  7. IMPACT THE SALES FUNNEL: KEEP IT SIMPLE (KIS) AWARENESS INVOLVEMENT CLOSE 7
  8. THE SALES FUNNEL AWARENESS What is the level of awareness (percentage) of sprayer quotes of which you are aware in all target markets? INVOLVEMENT What is the level of involvement (percentage) of sprayer quotes in which you are in the game with a quote in all target markets? Understand why each quote did not convert into a sale and assign a cause: product features (specs), brand preference, value proposition perception CLOSE 8
  9. WHAT IS DIGITAL MARKETING The use of digital technologies to create an integrated, targeted and measurable communications which help to acquire and retain customers while building deeper relationships with them. 9
  10. DIGITAL MARKETING CHANNELS Your Company’s Website Relevant Industry Websites, Newsletters Relevant Professional Association Websites & E-Newsletters Chamber of Commerce Websites and E-Newsletters Relevant College & University Program Websites and E-Newsletters Affiliate Websites & Newsletters (Strategic Partners) 10
  11. DIGITAL MARKETING CHANNELS (CTD.) Direct E-mail Affiliate E-mail (Strategic Partners) Social Media LinkedIn Facebook Twitter YouTube Digital Advertising Google AdWords Facebook LinkedIn 11
  12. YOUR COMPANY WEBSITE 5 Critical Considerations 1. Alignment with Company’s Strategic Objectives (Short & Long Term) 2. Content 3. The User Experience 4. Ease & Functionality of Site Search 5. SEO Friendliness 12
  13. YOUR COMPANY WEBSITE Alignment with Company’s Strategic Objectives Structure communicates strategic priorities Clear, concise, consistent messaging which conveys company’s objectives Website content & messaging inspires clearly-defined actions Provides the platform for a customer experience 13
  14. YOUR COMPANY WEBSITE Content 1. A well-defined content taxonomy 2. Inspires website visits and visitor engagement (time on site) 3. Conveys thought leadership 4. Dynamic and relevant content 5. Deliver a portfolio of content types and resources • Webinars • Videos • Infographics • Blogs • Templates 14
  15. YOUR COMPANY WEBSITE Create an Experience for Customers 1. Engaging style and design 2. Deliver what they want in an efficient manner 3. Understand, meet & exceed expectations 4. Understand visitor behaviors on your website and create features, functionality and messaging to impact it 5. Understand why people visit your site, what makes them come back, and will make them come back 15
  16. YOUR COMPANY WEBSITE Ease of Use & Functionality 1. Clean design 2. Clear action option(s) on each webpage 3. Features your customer base expects 4. Minimal number of mouse clicks for users to complete desired actions 5. Site search within and across your website that keeps visitors on your website 16
  17. YOUR COMPANY WEBSITE Search Engine Optimization (SEO) Friendly 1. Discover keywords most relevant to your customer base • How are people searching to discover your website • What Keywords are a focus of your competitors • Google Insights • Google Trends • Know Your Customers (KYC) 2. Develop a content strategy which aligns with keywords for which you want to optimize search relevance 17
  18. YOUR COMPANY WEBSITE Search Engine Optimization (SEO) Friendly 3. Keywords should be specific 4. Don’t forget synonyms and plurals 5. Enhance keywords with modifiers 6. Optimize friendliness on webpages as well as across your website • Webpage title tags • Meta tags • Header tags • Content structure 7. Structure webpage URLs to contain keywords 18
  19. YOUR COMPANY WEBSITE Search Engine Optimization (SEO) Friendly 8. Post articles & blogs that contain keywords in the title and last paragraph 9. Structure webpage URLs to contain keywords 10.Cross link content to related website content that contains keywords in webpage URLs 19
  20. FINDING RELEVANT WEBSITES & NEWSLETTERS Know your Industry (Industries) Know your Supply Chain Know your Customers Know your Competitors Know where your Customers go for Professional Development Associations Chambers of Commerce Colleges & Universities Industry Events 20
  21. E-MAIL MARKETING Building an Opt-In List A concise web form that launches when website visitors click on certain content on your website Inclue an opt-in link in your e-mail signature Send an e-mail to existing contacts inviting them to opt-in to your list Leverage Social Media Vehicles Collect business cards at industry events and follow up with an invitation to join your opot-in list that entitles them to great content and resources Host your own webinars and make opting into your list a requirenent for registering 21
  22. E-MAIL MARKETING Affiliate E-mail (Strategic Partners) Rent an e-mail marketing list to reach your target audience List Acquisition Acquire an opt-in e-mail list Require a specific opt-in to your content in your initial outreach to an acquired list BE CAREFUL- companies that offer opt-in e-mail marketing lists are a dime a dozen Understand exactly what they do when their list subscribers opt-in It is YOUR responsibility to comply with CAN-SPAM Act e-mail marketing rules. Note if you are sending e-mails to people in Canada additional restrictions apply. 22
  23. E-MAIL MARKETING Managing your Opt-In list Doing it right takes tame Consider leveraging an e-mail marketing solution MailChimp Constant Contact Vertical Response Campaigner AWeber An E-mail marketing automation solution takes it to the next level Marketo HubSpot Silverpop Marketo 23
  24. E-MAIL MARKETING PROGRAMS Newsletters Often highlight your best website content, relevant news, and thought leadership content from strategic partners Event Marketing Highlights and invites your target audience to attend your educational programs and/or programs you are sponsoring or have a subject matter speaking Website Digest Hightlights website content over a given period of time--- day, week, month Introduce or feature new products and/or services 24
  25. E-MAIL MARKETING TEMPLATES HTML format Concise Messaging Clean & Engaging Clear, Prominent Action Button (s) Text format Concise, more personalized messaging to a target audience Often used for follow-up e-mails based on an open or click thru from an initial e-mail marketing program 25
  26. E-MAIL MARKETING CONSIDERATIONS What to Send When to Send it To whom, list segmentation or not for each e-mail Creating a Compelling E-mail Title How often do you send e-mails More than once a week Once a week Once a month Once a quarter or less frequently 26
  27. E-MAIL SUCCESS METRICS Open Rates How many people opened your e-mail How does this compare with releavnt industry averages Click-Thru Rates How many people clicked on a hyperlink within your e-mail messages Unique click-thru rate- accounts for people who click on more than one link to limit over-inflated click-thru rates and identifies the level of engagement by those who open an e-mail and take an action 27
  28. SOCIAL MEDIA: THE 2014 STATS 28
  29. SOCIAL MEDIA: THE BIZ DEV CHANNEL A Low Cost Channel to Drive Business Growth Build & Manage Your Company’s LinkedIn Brand Identify the Industries you Want to Target Identify the Companies you Want as Customers Identify & Engage the Professionals at Target Companies who Control the Relevant Spend The Keys to the Candy Store The Company Search Feature Joining LinkedIn Groups focused on Your Target Industries, Customers, and Decision Makers Engage LinkedIn Group Leaders & Active Members 29
  30. SOCIAL MEDIA: THE BIZ DEV CHANNEL Build & Manage Your Company’s LinkedIn Brand Create and Manage a Compelling Company Profile Helps Define Your Company Brand on LinkedIn Find competitors and other company profiles you like, leverage the features you find compelling, and make your profile stand out Communicate your company’s value proposition Highlight your product and services and what about them drives your competitive advantage Highlight Your Employees Include video customer testimonials Update your page on a regular basis to engage those who follow your company on LinkedIn 30
  31. SOCIAL MEDIA: THE BIZ DEV CHANNEL Build & Manage Your Company’s LinkedIn Brand Educate Employees how to build compelling LinkedIn Profiles Build a Complete Profile Deliver a Compelling Profile Title Convey Thought Leadership- Twitter account, Blog Posts, Personal Website, etc. Communicate “how you do it” as well as what you have done Highlight Soft Skills Build out and Manage a LinkedIn Group User Group A General Group to Offer a Vehicle for Thought Leaders in Your Industry (ies) to connect and share knowledge 31
  32. SOCIAL MEDIA: FOR BIZ DEV The Company Search Feature- Ex. Cloud Computing ERP 32
  33. SOCIAL MEDIA: FOR BIZ DEV The Company Search Feature- Ex. Cloud Computing ERP 33
  34. SOCIAL MEDIA: FOR BIZ DEV The Company Search- NetSuite as my Target 34
  35. SOCIAL MEDIA: FOR BIZ DEV Who do I Know at NetSuite? 35
  36. SOCIAL MEDIA: FOR BIZ DEV Who do I want to Know at NetSuite?– The COO 36
  37. SOCIAL MEDIA: FOR BIZ DEV As I scroll down I see The COO is a 2nd Degree Connection- Whom do the COO and I share as 1st Degree Connections? 37
  38. SOCIAL MEDIA: FOR BIZ DEV My Shared 1st Degree Connections with NetSuite COO I identify the best one to introduce me to the COO and ask for it. 38
  39. UNLOCK THE REAL POWER: I am linked to over 14.5 Million People!!! 39
  40. UNLOCK THE REAL POWER: Groups = The Keys to the Candy Store 40
  41. UNLOCK THE REAL POWER: Example: I am a Treasury Professional 41
  42. UNLOCK THE REAL POWER: Example: The Treasury Management Network Group 42
  43. UNLOCK THE REAL POWER: Example: The Treasury Management Network Group 43
  44. UNLOCK THE REAL POWER: Example: The Treasury Management Network Group - Once a Member you can Access Other Members 44
  45. UNLOCK THE REAL POWER: Example: The Treasury Management Network Group - Anyone Interesting in Indiana? 45
  46. SOCIAL MEDIA: FOR BIZ DEV Making Desired Connections on LinkedIn You already know the person- Just Ask Degrees of Separation- Get an introduction from someone you know who is connected to them Cold Call- Join the Groups in which they are a member Send them an InMail 46
  47. SOCIAL MEDIA: THE BIZ DEV CHANNEL Build & Manage Your Company’s Facebook Brand Build a Complete & Compelling Profile Find competitors and other company profiles you like, and make your profile stand out Post Content that Inspires Engagement Experiment with the best days and times to post on Facebook Actively Manage Your Company Account Market Your Educational Programs Leverage Facebook to build your prospect list DO NOT HAVE EMPLOYEES MIX COMPANY BUSINESS WITH THEIR PERSONAL FACEBOOK ACTIVITY!!! 47
  48. SOCIAL MEDIA: THE BIZ DEV CHANNEL A Low Cost Channel for Competitive Intelligence Identify Companies you Want as Customers Follow the Companies you Want as Customers Follow & Engage the Professionals at Target Companies who Control the Relevant Spend Inspire Target Companies and their Decision Makers to Follow You or Your Company Identify Online Groups and Associations where your Prospects Play Contribute Thought Leadership around how to solve the problems your potential customers face Actively Manage Your Account Learn to love the hashtag (#) 48
  49. SOCIAL MEDIA: THE BIZ DEV CHANNEL A Channel to Engage & Entertain Prospective Customers Post Videos that Inspire Comments Post Videos to Invoke Actions Post Videos that Invoke Emotion Make People Laugh and Smile Be Creative, Making Videos that Resonate is More Art than Science Actively Manage your Account The More Relevant Videos you Post the Better 49
  50. SOCIAL MEDIA: THE BIZ DEV CHANNEL Google Plus was to be Google’s answer to Facebook Users form Google Circles to create groups that share desired demographics and interests. Share as many photos as possible that you believe communicate your brand and thought leadership Leverage the “recommended links” feature that allows you to share what your believe are useful to those within your Google Plus Circles (groups of connections you define and manage) Develop a network of evangelists to share your Google Plus posts and help you grow your Google Circles. Measure your success with Google Analytics 50
  51. SOCIAL MEDIA: THE BIZ DEV CHANNEL Instagram is an online mobile photo-sharing, video-sharing and social networking service Instagram is finally focused on developing tools for businesses to help them monetize its user base of over 200 million Users generally leverage the mobile app and NOT the website Follow the Instagram Blog for Business Connect with your Facebook account to drive your brand awareness across both platforms Leverage Videos (Instagram recently added this feature to combat Vine). 51
  52. SOCIAL MEDIA: THE BIZ DEV CHANNEL You need to be active an cultivate your following Leverage the Hashtag (#) to promote the visibility of your content Engage Instagrammers (Instagranm users) who have huge followings and engage them as evangelists for your company See what your competitors are doing on Instagram to generate ideas and avoid mistakes Follow and engage companies you want as customers and the relevant decision makers at these companies. Measure what’s working and follow trends, (statigr.com, web.stafram.com 52
  53. SOCIAL MEDIA: THE BIZ DEV CHANNEL A social networking site that allows users to share common interests virtually through photo sharing via a practice called “pinning”. The goal is to make connections via “things” that both parties find interesting (including “professional interests” such as public speaking) Pinterest has been shown to be as effective as Facebook in driving website traffic Pinterest can be a value add to Facebook and Instagram as a “more socially” driven social media channel You need to follow and create compelling Pinboards (a collection of “pins” with a common theme). 53
  54. SOCIAL MEDIA: THE BIZ DEV CHANNEL A social networking site that allows users to share common interests virtually through photo sharing via a practice called “pinning”. Engage Pinterest users who have huge followings and engage them as evangelists for your company See what your competitors are doing on Instagram to generate ideas and avoid mistakes Follow and engage companies you want as customers and the relevant decision makers at these companies. 54
  55. DIGITAL ADVERTISING: GOOGLE ADS Reaching Your Target Audience via Google Searches Google AdWords Glossary Bid- the highest amount of money you are willing to pay for a click on your ad. Impressions- the number of times your ad is viewed CPM- Your cost of impressions per thousand Visitor- a person who clicks on your ad and navigates to the webpage you target using a hyperlink CPC (Cost per Click), PPC (Pay per Click) 55
  56. DIGITAL ADVERTISING: GOOGLE ADS Reaching Your Target Audience via Google Searches Google AdWords Glossary (Continued) Conversion- a desired result (signup, lead, purchase) taken as a result of someone clicking on your ad Conversion Rate- the number of times your ad is viewed Quality Score- a ranking system used by Google to measure relevancy of your ads and pages to which your ad directs those who click on your ad (landing pages). 56
  57. DIGITAL ADVERTISING: GOOGLE ADS Google AdWords Campaign Structure* Campaign Ad Group Keywords Ads Shoe s Tennis Shoes Dress Shoes Boat Shoes * Courtesy of • [White tennis shoes] • [Nike tennis shoes] • [Tennis shoes non-marking] …………. ………….
  58. DIGITAL ADVERTISING: GOOGLE ADS Reaching Your Target Audience via Google Searches Google AdWords Glossary (Continued) Conversion- a desired result (signup, lead, purchase) taken as a result of someone clicking on your ad Conversion Rate- the number of times your ad is viewed Quality Score- a ranking system used by Google to measure relevancy of your ads and pages to which your ad directs those who click on your ad (landing pages). 58
  59. DIGITAL ADVERTISING: GOOGLE ADS Google AdWords Best Practices* Search advertising, then display Tightly focus your keyword list for each ad group Start with at LEAST 3 ads per ad group Set a daily budget Appropriate / focused landing pages Support SEO goals – landing pages and keyword focus Review search terms report add relevant exact matches to keywords lists Add negative terms Keep working at it 59 * Courtesy of
  60. DIGITAL ADVERTISING: FACEBOOK Page Post Engagements Page Likes Clicks to Websites Website Conversions App Installments Event Responses Offer Claims 3 Keys to Facebook Ad Success 60 Types of Facebook Ads Short and Sweet Engaging Campaign Specific Photos Target your Audience with Pinpoint Accuracy
  61. DIGITAL ADVERTISING: FACEBOOK 4 Keys to LinkedIn Ad Success Short and Sweet Engaging Content- Clear & Compelling Verbiage Target your Audience with Pinpoint Accuracy Test & Optimize 61 LinkedIn Ad Structure Headline Image Copy/Verbiage
  62. BUILDING YOUR DIGITAL MARKETING PLAN You Need a Detailed Plan with Specific Goals and Metrics of Success Identify the Right Channels for Your Company based on the demographics of Your Addressable Market (s) Research and Identify the Right Vehicles to Leverage Start Small Leverage A/B, A/B/C, and A/B/C/D Testing Define Success for each channel and vehicle Create a matrix of channels and vehicles Define Metrics for each Matrix Square Website visits, event registrations, sales, etc. 62
  63. DIGITAL MARKETING : MAKING YOUR BUSINESS CASE 63
  64. ERNIE’S ABCs OF SUCCESS People Your most valuable assets Internal & Consultants Process In Order to Identify & Scale any Successful Marketing Programs you Need It Communication You Need to be able to Sell Investments in Digital Marketing and Communicate Value Effectively Collaboration There is no “I” in Success Alignment Technology Key for Efficiency, but NOT Magic 64
  65. CLOSING THOUGHTS 6 Keys to Success for any Initiative are: People, Communication, Collaboration, Process, Alignment, Technology There is No “One Size Fits All” Great Digital Marketing Strategy The Foundation of Successful Marketing at any Company is: Knowing your Company’s Short & Long Term Business Objectives Inside & Out Knowing Addressable Markets Inside & Out Understanding the Behaviors of Decision Makers at Companies within Your Target Market(s) Identify the Right Marketing Channels for YOUR Company What works in the B2B (business to business) world often does not translate to the B2C (business to customer) What works for a Fortune 500 company often does not work for a start-up 65
  66. CLOSING THOUGHTS Identify the Right Vehicles within Each Target Market Channel for YOUR Company Benchmark Your Company’s Digital Marketing Strategy Against your Competitors Engage your target audience where they want to be engaged and how they want to be engaged virtually. Digital Marketing Efforts Need to Coordinated- You Need a Detailed Strategic Marketing Plan Your Business Case for Why Digital Marketing Matters for YOUR Company Metrics of Success for Each Channel & Vehicle 66
  67. ERNIE’S PERSONAL TOP 10 RESOUCES Slideshare.net- Search and you Shall Find a Valuable PowerPoint Presentation YouTube- Search and you Shall Almost Always find Exactly How to Do Something LinkedIn – My Social Media Channel Favorite for Biz Dev Smart Insights- Free and “Not Free” Digital Marketing Resources HubSpot’s Blog- Great Digital Marketing Thought Leadership 67
  68. ERNIE’S PERSONAL TOP 10 RESOUCES (CTD) Marketing Profs- Great for all Aspects of Marketing, including and beyond Digital Marketing American Marketing Association- Not Free, but a Top Notch Professional Association with Great Content and a Solid Indy Chapter eMarketer- Shares Valuable Insights from Large Global Marketing Studies Dan Zarrella’s Blog- Dan is a Social Media Legend Marketo’s Blog- Marketing Automation Company with a true Commitment to Thought Leadership 68
  69. THANK YOU! Ernie Humphrey, CEO, 360 Thought Leadership Consulting E-Mail: Ernie@360thoughtleadership.com LinkedIn: http://www.linkedin.com/in/erniehumphrey http://www.360thoughtleadership.com
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