Marketing And Social Media - Central South Manchester Nov. 09 - Presentation Transcript
Attracting customers to your site Part 1: Marketing and Social Networks
What you can ask me
Marketing
Web design
Search Engine Optimisation
Pay Per Click
Usability
Accessibility
Objectives
Understand marketing principles
Understand social media basics
Be confident that YOU can use social media
Decide which social media are appropriate
What is Marketing?
The Chartered Institute of Marketing (www.cim.co.uk ) definition is:-
“ The management process responsible for identifying, anticipating and satisfying customer needs profitably.”
OK, what is Marketing?
Identifying (researching) needs
Product concept
The whole product
The price
Advertising
Sales support
etc
Marketing VS Sales
Different departments?
Marketing creates the opportunity to sell
Sales - the presentation, upselling, cross selling, and the close
Marketing supports the sales process
Marketing makes sure sales staff are knowledgeable
Marketing creates Point of Sale assets
Marketing negotiates price
Marketing maximises after sales returns
Marketing feeds back refinements
Captures customer information
etc
Mind mapping
Marketing Basics
Market Research
Marketing Plan
Market Segmentation
Competition
Product/Price/Place/Promotion
Unique Sales Proposition
Feature/Advantage/Benefit
Objectives
Strategy
Market Research
Your market research should show:
The size and requirements of the market (and details of assumptions made)
Existing competition
Competitors’ strengths and weaknesses
The advantage your business has over the competition
An informal conservation with a prospective customer may give you useful information. It will also tell you the language – vocabulary – that customers use when talking about your product or service.
Marketing Plan
Where are you now?
Where do you want to be?
How are you going to get there?
Marketing Segmentation
Market Segments talk to each other (Crossing the Chasm)
Universe – the universe is the amount and all types of potential customers (e.g. “the general public” or “holiday-makers”)
Segment – the next step is to segment your universe. What different types of customers are there? Can you categorise them? (by age / sex / income / location etc.)
Locate and quantify – where are your customers to be found? How many are there? Are there enough?
What do you need to know about your customers? (Buying habits and patterns, likes and dislikes, needs and wants etc.) Never assume!
Analyse the results – What do your findings tell you?
Marketing Segmentation
Identify customer requirements – What is most important to your customers?
Relate customer requirements to your product benefits.
Record keeping (identify which are your most profitable markets, how buying patterns are changing etc. A holiday lettings business produced an analysis of clients taking holidays at particular times of year and now uses this to fill specific vacancies.)
Competitors
Identify customer requirements – What is most important to your customers?
All businesses have competitors – either direct or indirect. A tyre and exhaust business competes directly with others. However Parker Pens™ compete indirectly with Ronson Lighters™ in the giftware market.
You need to know who and where your competitors are. Identify their range, specifications, pricing, discount structures, promotional activity, delivery arrangements, minimum order quantities, terms of trade etc. You need to know their strengths and weaknesses – as well as your own. This can be done as a SWOT analysis to identify opportunities and threats.
Competitors
As with your customers you need to go through a process to be aware of your competitors and their influence.
Universe – Every possible competitor
Segment – Identify the different types of competitor (size, resources, geographic coverage, business category and target markets). – Remembering both direct and indirect competitors.
Locate and quantify – Where are they? How many? What access do your customers have to them?
Research – What do you need to know?
Analyse results – What does your research tell you?
Do a SWOT see below! analysis identifying your competitors’ Strengths, Weaknesses, Opportunities and Threats. Does this present you with opportunities?
Look at your product profiles and identify your USP (Unique Sales Proposition) see below! . This will help you differentiate your business from the competition.
Keep records on the competition – record monitor and update this information.
Identify customer requirements – What is most important to your customers?
USP’ means unique selling proposition. Your USP can help your customers save time when buying a product or service. Your USP says why your product or service is different, and stands out from the competition. You can use different USPs for different products and markets.
To attract attention you must be BETTER, FASTER or CHEAPER than your competitors. Every business needs a USP for its products / services. Identifying your USP helps you to focus on the key benefits that sell your products or services and contribute to your profits. You should use your USP in your promotion and sales activities. (See also AIDA )
To see USPs in action, look at a TV advert. This is the most expensive advertising media and the point needs making quickly!
If your customers are switching to competitors or buying purely on price:
Have you identified the USPs for your products and services?
Are you communicating your USPs clearly to customers?
The 4 Ps
The ‘Four Ps’ is a useful structure for looking at your marketing operation and for planning campaigns.
There are basically four elements that you can change to encourage audiences – the Product, the Place, the Price, and the methods of Promotion. Here are some examples of the kinds of marketing planning that fall into each category.
The 4 Ps
Product
Which of your products and services could be made more appropriate for your target customers?
The actual product you provide
The atmosphere in your premises
The way your staff relate to customers
The facilities you have
Place
Where and when is your product delivered?
Would any of your products/services be more successful via different outlets?
Are the products/services available at the right time for the target customers?
Where can people find information about the products/services?
Where & how can people buy?
Price
Is the price right for the target customers?
Would you be more successful with a particular target customers if a “package” was offered?
Would they value the products/service more if you it was a premium product?
Does your discounting policy meet the needs of your target customers?
Promotion
Are you saying the right things to the right people, using the right channels?
What would happen if you used different tactics to communicate with people?
Remember that any changes you implement in these ‘Four Ps’ should arise from clearly understood customer needs.
The 4 Ps
Feature, Advantage, Benefit
The television
HAS a Remote Control ,
WHICH lets you change the channel from a distance ,
The use of digital technologies to help sell your goods or services.
Benefits of E-Marketing
Reach (as usual)
Potentially lower cost (really?)
Easier to measure/evaluate the results effectively (definitely)
Flexibility (definitely)
Your marketing message is always available (definitely)
e-Marketing campaigns can be more engaging (definitely)
Personalisation (definitely)
What is your marketing mix?
Who is your target market?
What are your objectives? (SMART)
What is your budget?
E-Marketing Channels
Website - A location on the World Wide Web
e-mail – An electronic version of a letter or hand written note.
Blog’s - A blog is a website where entries are made in journal style and often provide commentary or news on a particular subject, such as food, politics, or local news.
Podcasts - Is a method of publishing files to the Internet e.g. audio or video file.
RSS ( Really Simple Syndication) – Allows websites that want to allow other sites to publish some of its content.
SMS Messaging - the transmission of short text messages to and from a mobile phone, fax machine and/or IP address.
Online PR – Traditional PR extended online.
Pay for click – Google adwords
Other sites - ?
Examples
Other considerations when choosing e-Marketing;
Wiggly Wigglers – A gardening company which releases regular podcasts on various gardening topics.
Here it goes again - The music video was filmed in one continuous shot and was uploaded to YouTube , where it has been viewed over fifteen million times. The video was popular enough to earn a Grammy award for "Best Short-Form Music Video" in 2007 and the YouTube 2006 Video Award for "Most Creative Video" .
Will it blend – A series of videos made for around £5-600 each by a US blender manufacturer, which were placed on the internet last year. Within just a few days, the first videos had millions of views. This had a significant impact on sales. The campaign aim was to help build brand awareness and establish Blendtec as the premier blender manufacturer.”
Web 2.0
Interaction/conversation not publishing
Customer Engagement
Mostly consumers, often segmented
Appealing to marketers
Effective?
Characteristics
Is increasingly used by individuals & more recently businesses.
It is interactive.
Informational & chatty.
Social Media
Social media are primarily Internet- and mobile-based tools for sharing and discussing information.
Increasingly used by business as a marketing tool.
Social Media Types
Social Bookmarks
Digg www.digg.com
Reddit www.reddit.com
Delicious del.icio.us
What do they do?
How can you use them?
Social Media Types
Social Networks
Facebook www.facebook.com (300 million users)
Myspace www.myspace.com
Linkedin www.linkedin.com
What do they do? (online gossiping and networking)
How can you use them? (advertising, engaging, networking, coupon distibution)
Social Media Types
Facebook
www.manchesterdigital.com/about.asp Website with News, Events, Digital Jobs, Tenders. It is more formal and its members tend to be the owners of digital businesses. Averages around 800 visitors a day.
www.facebook.com/s.php?ref=search&init=q&q=manchester%20digital&sid=d7936699c741d97b59754c4a7e04cef2#/group.php?gid=6127014011 MD Facebook group has 283 "friends", is less formal than the website and is used to promote MD its events etc. to a wider audiance and help people from the digital sector communicate/connect/network.
Once you have a website you need to attract custome more
Once you have a website you need to attract customers. The key to success is the development of a marketing plan which includes a mix of offline & online routes.
This includes a wide range of online options including social networks, search engine optimisation, Pay for Click advertising and marketing offline. Where to start?
Our two part workshop will guide you through the different online options and how to access, implement, measure and evaluate them.
You will learn:
• How to identify & incorporate the most effective options into your marketing plan
• Targeting niche markets
• Ways to use social networks e.g. blogs, YouTube, MySpace, Facebook
• Getting the most out of using social networks less
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