Market entry BIPC - digital marketing as business development.pptx

Simone Castello
Simone CastelloDigital Marketing & Communications
Entering a new
market via
digital marketing
SIMONE CASTELLO
BIPC – SEPTEMBER 2023
Entering a new
market via
digital marketing
• Enterprise roadmap
• Steps & key questions
• B2B versus B2C
• Frameworks: strategy & digital marketing
• Mission statements & slogans
• Preparing to launch & campaigns
• Free tools
Enterprise roadmap
Infographic: Simone Castello, all rights reserved
*International markets: cultural,
administrative, economic, fiscal and
legal differences, plus logistical
challenges.
• Goals
• Market overview
• Product/service
development
• Sales, including
delivery
• Marketing: where* are your
customers and how can you
reach them?
• Sourcing: producing the
product/service or buying it?
• Control: entering the market solo
or partnering with businesses?
Market entry: steps & key questions
Infographic: Simone
Castello, all rights
reserved
B2B versus B2C
•Customer targeting
B2B: niche/narrower field; B2C: funnel-focused.
•Branding
B2B: positioning; B2C: messaging.
•Messaging
B2B: use terms familiar to customers; B2C: more
playful and emotional.
•Customer relationships
B2B: personal relationships; B2C: more
transactional.
•Decision-making
B2B: procurement; B2C: quick and easy process.
Framework: strategy
 Key
players &
market
share
 Difference
s
 Competiti
ve
advantage
Competito
r analysis
Market
voice
 Views -
social media
listening &
focus groups
 Trading
landscape
 Differences
 Competitive
advantage
Market
researc
h
 Size, trend
& forecast
 Segmentati
on
 Drivers,
risks &
challenges
 Rules &
Regulation
s
Market
entry
 Capability
& skills
 Opportuniti
es
 Finance
 Go to
market
model:
what,
where &
how to sell
Framework: digital marketing
Infographic: Simone Castello, all rights reserved
Mission statements
https://dealdesign.com/2021/06/01/tagline-mission-vision/
Slogans
https://dealdesign.com/2021/06/01/tagline-mission-vision/
Preparing to launch: ecosystem
Infographic: Simone Castello, all rights reserved
Preparing to launch:
actions
Infographic: Simone Castello, all rights reserved
Audience Overview
1 Nov 2018 – 28 February
2019
Building &
Implementing
 Use client queries/insights
for content or from social
media listening create
product info, reports, case
studies, infographics,
podcasts
and videos.
 Set up an editorial calendar
and monitor reactive
opportunities, including
events and trends.
More Activities & Follow-
up
 PR initiatives such as
product/service launches
 Events
 Communities
 Print & digital media outreach
 Strategic alliances with
organisations and brands
 Blogs & blogger outreach
 Email marketing (newsletters)
 Measure engagement to
fine-tune the campaign and
assess performance.
Campaign Planning
 Identify needs using market
research data. Promote
benefits more than features.
 Insights: get demographics
to define messaging and
build personas.
 Choose channels Facebook,
LinkedIn, X, Instagram,
TikTok, Threads, etc.
Campaigns
https://learndigital.withgoogle.com/digitalgarage
https://app.hubspot.com/signup-
hubspot/academy
https://www.semrush.com/academy/
Search Engine Watch, Social Media Examiner,
E-consultancy, Smart Insights.
Free digital marketing e-newsletters
D. Cattrall, S. Castello: The Virtuous Circle of Omnichannel CRM
https://www.preprints.org/manuscript/202105.0359/v1
D. Cattrall, S. Castello: Using Social Media to Build the Loyalty
Loop in Omnichannel Retail
https://www.preprints.org/manuscript/202206.0027/v1
https://www.slideshare.net/SimoneCastello
@simonecas -
www.linkedin.com/in/simonecastellodigitalstrategy/
Free tools
Learn digital marketing
Speaker’s free resources
https://blog.hubspot.com/blo
g/tabid/6307/bid/29437/20-
free-social-media-and-brand-
monitoring-tools-that-
rock.aspx
Online business resources
BIPC resources to help you understand
your market & research your business
idea: great for competitor analysis.
https://www.cambridgeshire.gov.uk/residents/libraries-
leisure-culture/business-intellectual-property-centre-
cambridgeshire/business-resources
Social media listening &
monitoring
Questions?
Infographic: Simone Castello, all rights reserved
• Enterprise roadmap
• Steps & key questions
• B2B versus B2C
• Frameworks: strategy & digital
marketing
• Mission statements & slogans
• Preparing to launch & campaigns
• Free tools
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Market entry BIPC - digital marketing as business development.pptx

  • 1. Entering a new market via digital marketing SIMONE CASTELLO BIPC – SEPTEMBER 2023
  • 2. Entering a new market via digital marketing • Enterprise roadmap • Steps & key questions • B2B versus B2C • Frameworks: strategy & digital marketing • Mission statements & slogans • Preparing to launch & campaigns • Free tools
  • 3. Enterprise roadmap Infographic: Simone Castello, all rights reserved
  • 4. *International markets: cultural, administrative, economic, fiscal and legal differences, plus logistical challenges. • Goals • Market overview • Product/service development • Sales, including delivery • Marketing: where* are your customers and how can you reach them? • Sourcing: producing the product/service or buying it? • Control: entering the market solo or partnering with businesses? Market entry: steps & key questions Infographic: Simone Castello, all rights reserved
  • 5. B2B versus B2C •Customer targeting B2B: niche/narrower field; B2C: funnel-focused. •Branding B2B: positioning; B2C: messaging. •Messaging B2B: use terms familiar to customers; B2C: more playful and emotional. •Customer relationships B2B: personal relationships; B2C: more transactional. •Decision-making B2B: procurement; B2C: quick and easy process.
  • 6. Framework: strategy  Key players & market share  Difference s  Competiti ve advantage Competito r analysis Market voice  Views - social media listening & focus groups  Trading landscape  Differences  Competitive advantage Market researc h  Size, trend & forecast  Segmentati on  Drivers, risks & challenges  Rules & Regulation s Market entry  Capability & skills  Opportuniti es  Finance  Go to market model: what, where & how to sell
  • 7. Framework: digital marketing Infographic: Simone Castello, all rights reserved
  • 10. Preparing to launch: ecosystem Infographic: Simone Castello, all rights reserved
  • 11. Preparing to launch: actions Infographic: Simone Castello, all rights reserved
  • 12. Audience Overview 1 Nov 2018 – 28 February 2019 Building & Implementing  Use client queries/insights for content or from social media listening create product info, reports, case studies, infographics, podcasts and videos.  Set up an editorial calendar and monitor reactive opportunities, including events and trends. More Activities & Follow- up  PR initiatives such as product/service launches  Events  Communities  Print & digital media outreach  Strategic alliances with organisations and brands  Blogs & blogger outreach  Email marketing (newsletters)  Measure engagement to fine-tune the campaign and assess performance. Campaign Planning  Identify needs using market research data. Promote benefits more than features.  Insights: get demographics to define messaging and build personas.  Choose channels Facebook, LinkedIn, X, Instagram, TikTok, Threads, etc. Campaigns
  • 13. https://learndigital.withgoogle.com/digitalgarage https://app.hubspot.com/signup- hubspot/academy https://www.semrush.com/academy/ Search Engine Watch, Social Media Examiner, E-consultancy, Smart Insights. Free digital marketing e-newsletters D. Cattrall, S. Castello: The Virtuous Circle of Omnichannel CRM https://www.preprints.org/manuscript/202105.0359/v1 D. Cattrall, S. Castello: Using Social Media to Build the Loyalty Loop in Omnichannel Retail https://www.preprints.org/manuscript/202206.0027/v1 https://www.slideshare.net/SimoneCastello @simonecas - www.linkedin.com/in/simonecastellodigitalstrategy/ Free tools Learn digital marketing Speaker’s free resources https://blog.hubspot.com/blo g/tabid/6307/bid/29437/20- free-social-media-and-brand- monitoring-tools-that- rock.aspx Online business resources BIPC resources to help you understand your market & research your business idea: great for competitor analysis. https://www.cambridgeshire.gov.uk/residents/libraries- leisure-culture/business-intellectual-property-centre- cambridgeshire/business-resources Social media listening & monitoring
  • 14. Questions? Infographic: Simone Castello, all rights reserved • Enterprise roadmap • Steps & key questions • B2B versus B2C • Frameworks: strategy & digital marketing • Mission statements & slogans • Preparing to launch & campaigns • Free tools

Notas do Editor

  1. Starting a business in these challenging times is not easy. At early stages entrepreneurs need to raise awareness of their product or service while converting customers. Digital marketing is an effective and relatively low-cost way to achieve these goals. In this talk I will be covering the topics listed in this slide for business to business or B2B and business to consumer B2C startups. I will also suggest free tool and resources that can leverage your marketing for business development.
  2. 3 transitions
  3. International markets: cultural, administrative, economic, fiscal and legal differences, plus logistical challenges. Define business goals; get a market overview; work out how to achieve sales and delivery, delivery can be virtual or physical, ie logistics
  4. Slide 10 – innovation ecosystem – would this be clarified to reflect this includes any new business ideas, from individuals who have not set up in business previously? As reflected in your summary of the event, for Eventbrite?
  5. 3 floats
  6. Build personas using data from business databases two transitions