Jay Dunn: Marketing Through The Apocalypse

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    Jay Dunn: Marketing Through The Apocalypse - Presentation Transcript

    1. Marketing Through The Apocalypse Jay Dunn VP, Marketing, Lane Bryant Founder, Supergroup June 11, 2009
    2. THE END OF THE FREAKIN’ WORLD!
    3. Yes, It’s The End of the World as We Know It. And I Feel Fine.
    4. That’s Right, I Feel Fine. I’m An Optimistic Marketing Guy Drinking More Than Ever Huffin’ Glue Out of a Paper Bag
    5. Oh Yeah, I Feel Really Fine. Sales On Defibrulator Justifying My Existence Schmoozing CEO w/Twitter
    6. “Twitter” is Latin for ROI
    7. My Budget Cuts Stopped Bleeding My Bailout Bailed I Hear Bongs Are a Hot Market
    8. CRMC Exclusive! Top-Secret Video of My Last Marketing Budget Meeting
    9. Holy Sh*t! I Know Exactly What You’re Thinking...
    10. Will The End of the World Affect My Email Click-Through Rate?
    11. Not if you’ve properly seeded the OUTER PLANETS, as described in my latest book...
    12. Impact of Recession 2 Millions Job Lost 12.5 Million Unemployed Unemployment at 8.5% (25 Year High) If No More Jobs Lost, ‘09 the 4th Worst Since 1939 Typical Unemployment: 20 Weeks Average Work Week Cut To: 32.3 Hours 9 Million People “Underemployed” - Highest Ever Temporary Workers at Lowest Level Since 1994
    13. Impact of Recession 1 in 5 Mortgage Holders Upside Down 10% Home Owners Might Miss Next Payment $5,729 Average Credit Card Balance $2 Trillion of Cut Credit Lines in 2009 $25.8 Billion in Lost Wages in January 20% of CFOs Plan To Cut or Freeze Wages in ’09 $102.4 Billion Drop in Consumer Spend - Dec. ’08
    14. Impact of Recession Iceland Goes Bankrupt Santa Claus Now Homeless Finland Sells SantaLand!
    15. Impact of Recession Worldwide Poll: Most Trusted, Admired, Eligible Marriage Partners: Doctors: 16% Educators: 14% Science: 10% Entertainers: 3%
    16. Impact of Recession Media & Marketing: 2% Retail Professionals: 1%
    17. State of the Economy Bleak According To A Great American Philosopher:
    18. “More than any other time in history, mankind faces a crossroads. One path leads to despair and utter hopelessness. The other, to total extinction. Let us pray we have the wisdom to choose correctly.” Woody Allen
    19. What’s Wrong In America? It’s So Bad...
    20. Girls Gone Wild Asked For A $5B Bailout Stimulation Package
    21. What’s Wrong In America? Detroit Can’t Sell This:
    22. Over 5,000 On Backorder
    23. Prettier In Pink
    24. What’s Wrong In America? CFOs Allowed To Drink At Company Christmas Parties
    25. State of the Retailer “Glory Days” 15 Years of Uninterrupted Growth Inflated Home Prices Available Credit Low Interest Rates Unprecedented Consumer Spending Savings At An All-Time Low
    26. State of the Retailer “Glory Days” New Store Openings New Concept Launches Building Online Presence International Expansion Retail Grew 12% vs Economy 5%
    27. State of the Retailer “Gory Days” Budget Cuts Personnel Cuts Cued Projects Derailed Pressure To Sell With Less Marketing $ No Scratch For New Initiatives Bankruptcies
    28. Must-Read Article: Five Rules For Retailing In A Recession by Ken Favaro, Tim Romberger, and David Meer, Harvard Business Review, 4/09
    29. Five Rules: 1. Go Where The Headroom Is 2. Close The Needs-Offer Gap 3. Go After Bad Costs 4. Cluster Stores 5. Retool Core Processes Five Rules for Retailing in a Recession by Ken Favaro, Tim Romberger, and David Meer, HBR.org, 4/09
    30. Find Your “Headroom”
    31. Find Your “Headroom” Market Share You Don’t Have Minus Market Share You’ll Never Get Five Rules for Retailing in a Recession by Ken Favaro, Tim Romberger, and David Meer, HBR.org, 4/09
    32. Find Your “Headroom” Customers loyal neither to you nor your competitors. Taking 20% they spend today to 30% represents a net gain even when their spending drops 25%. Five Rules for Retailing in a Recession by Ken Favaro, Tim Romberger, and David Meer, HBR.org, 4/09
    33. Create • Ideate • Innovate No Cost To Think No Cost To Reach New Media Is Resource-Friendly Experimenting Is Damn Cheap With Available Tools
    34. UniLever CMO Simon Clift: Brands aren't simply brands anymore. They are the center of a maelstrom of social and political dialogue made possible by digital media. Marketers who do not recognize that -- and adapt their marketing -- are in grave peril. Jack Neff, AdAge.com: April 14, 2009
    35. Simon Says: Another 5 Rules For Marketing 1. Listening to consumers is more important than talking at them. We may be ahead of our competitors, but we're most definitely behind consumers. The consumer is not a moron, she's the person defining your brand. Jack Neff, AdAge.com: April 14, 2009
    36. Simon Says: Another 5 Rules For Marketing 2. You can't hide the corporation behind the brand anymore - or even fully separate the two. Welcome to radical transparency, where bad corporate behavior will damage your brands, and vice versa. Jack Neff, AdAge.com: April 14, 2009
    37. Simon Says: Another 5 Rules For Marketing 3. PR is a primary concern for every CMO and brand manager. If "marketing" and "PR" are not the same department, tear down the wall. Spend time deciding whether PR is underleveraged in your organization. Jack Neff, AdAge.com: April 14, 2009
    38. Simon Says: Another 5 Rules For Marketing 4. Cause marketing isn't about philanthropy, it's about "enlightened self- interest." Don't be ashamed of your profit motive, because great branding and doing good are increasingly one and the same. Jack Neff, AdAge.com: April 14, 2009
    39. Simon Says: Another 5 Rules For Marketing 5. The volume and quality of your earned media will be directly proportional to the impact and quality of your product and ideas. Jack Neff, AdAge.com: April 14, 2009
    40. Hype You Can Believe In:
    41. Hype You Can Believe In: The “Blended” Opportunity: Blogs • Online Magazines • Trade Sites • Fan Sites • Twitter • Facebook • MySpace • Delicious • Digg • Flickr Combined With Your Own Marketing Strategy Vehicles
    42. The Toolbox
    43. What These Are: Tools To Build Traffic & Drive Customers to Destinations Through New Media & Social Networking
    44. What These Are Not: A Replacement For A Marketing Strategy A Replacement For A Brand Strategy
    45. New Tools Augment They Do Not Replace Tactics Not Strategy
    46. What You Must Do: Build Following On The Social Network Sites You Choose Get Found: Twellow, WeFollow, Just Tweet It - Lots of Tools To Mark Your Scent Post Interesting Content
    47. Influence Over Reach
    48. SMACKDOWN: Social Networking vs Ecommerce
    49. Two Types of Social Networking Public & Proprietary
    50. Roll Your Own Social Networking Site
    51. Ecommerce Is PRODUCT. Social Media Is CONTENT.
    52. Drive Traffic With Content: The Usual Suspects: New Products New Features Store Openings Mergers/Acquisitions Expert Advice How-To Industry News
    53. Nothing But Headlines & Deals Will Fail. Personality Sells People Follow People They Find Interesting
    54. Who Does It Well?
    55. Shoot When The Ducks Are Flying March ’08 - March ’09 Delicious: 1.8M, +2115% Ning: 5.6M, +283% (1M SoNets/#2 Growth) Twitter: 14M, +2,565 % Digg: 36M, +71.5% MySpace: 55M, -11.4% Facebook: 91M, +195% (4th Largest/US)
    56. Growth: 2007-2008
    57. Growth: 2007-2008
    58. Growth: 2007-2008
    59. Use The Tools
    60. Get Started Create That Great Piece of Content Something Relevant, Like...
    61. Blago Wins “World’s Best Haircut”
    62. Seed Multiple Sites w/Ping.fm Over 30 Social Networking Sites!
    63. Select Your Sites Selected Networks
    64. Twhirl Is a Twitter Interface
    65. Twhirl Pushes To Ping.fm Enter Ping.fm Key
    66. Post InTwhirl Hit Send
    67. Ping.fm Pushes To Twitter
    68. Ping.fm Pushes To Facebook
    69. Ping.fm Pushes To Delicious
    70. Push Content To Where Your People Are
    71. Drive Your People To Destination
    72. Good Content Equals Good Response
    73. Unexpected Result: Chippendale Response Hits Record Levels!
    74. Blago Becomes Worldwide Internet Sensation!
    75. New Tools For A New Customer Landscape “Push/Pull” Replaced by “Engage” Brand Conversation is Happening - With or Without You Confident Enough To Sit On The Sidelines?
    76. Best Customers Sustain Your Business Through Hard Times. New Customers Pull You Through The Apocalypse
    77. Connect with Jay: Supergroup.ning.com Twitter/Facebook/ FriendFeed @JayDunnOnline

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