BCM "Interactive: The Most Able Medium'' Presentation - November 2008

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    BCM "Interactive: The Most Able Medium'' Presentation - November 2008 - Presentation Transcript

    1. able Interactive : the most able medium
    2.  
      • account
      able
      • Measure-
      able
      • Test
      able
      • Soci-
      able
      • Target
      able
    3. able
    4.  
    5. How the dollars follows the eyeballs 1.
    6. Finding influencers and becoming part of the conversation 2.
    7. Keeping the shopfront open 24/7 3.
    8. Targeting technology 4.
    9. The emerging arena of mobile devices 5.
    10. 1. The $s follow the eyeballs
    11.  
    12. Internet advertising continues to grow – 30% 3 rd quarter y-on-y Source: Internet Advertising Bureau July to September 2008
    13. Online advertising spend third quarter 2008 Source: Internet Advertising Bureau July to September 2008 33% increase y-o-y 29% increase y-o-y 25% increase y-o-y
    14. But tracking just advertising is like looking at the tip of the iceberg
      • Australian businesses invested more than $17.9 billion dollars on digital services in 2008
      • Forecast that in 2009 businesses will engage with 40% of their customers through digital services
      Source: AIMIA Digital Services Index November 2008
    15. Firstly some inspiration
    16.  
    17. The first social media president
      • The power of a database and anticipated, personal and relevant messages
    18. Turn down the SPAM and turn up the permission
    19. 1. A site that encourages social networking Clear, simple call to action with one objective in mind - permission
    20. 2. Communicate with personal and relevant messages Email landing page
    21.  
    22. 3. Distribute content on third party sites
    23. 4. Harness social networking
    24. 5. Write a blog
    25. 6. Take advantage of new technologies
    26. 7. Experiment
    27.  
    28. 2. Leverage influencers and become part of the conversation
      • Social media is the use of electronic and internet tools for the purpose of sharing and discussing information and experiences with other human beings
      • Social media can take many different forms, including internet forums, weblogs, wikis, podcasts, pictures and video
      Online community engagement strategy
      • 70% online adults use social media, often for product research
      • Before making a purchase, 33% of internet users engage in social media to investigate a product’s reputation
      • 26% of people change their mind about making a purchase after reading about the opinions of others online
      Source: August/September Insight Report Market Tools
    29. Social media is more than a passing fad Source: Nielsen Online Australian Internet and Technology Report
    30.  
    31. Influencing the influencers – listening and acting in the blogosphere
    32. How social media turned against Motrin
    33.  
    34. Listening to the influencers – and taking action!
    35.  
    36. Nike – distributable content via a widget
    37. Nike – distributable content via a widget
    38.  
    39.  
    40.  
    41.  
    42. Triumph – social advertising
    43. The take out!
      • Identify your influencers online and engage with them
      • Its easier to keep a current customer, than to acquire a new one – listen to the blogosphere
      • Make your content valuable and distributable, and consumers will do the rest
      • Performance based ad formats in social media will maximise ROI
      The take out!
    44. 3. Be open for business 24/7
    45.  
      • What started out as a relatively simple, performance-based business model has become one of the most efficient forms of marketing around
      The power of SEM
    46. The measurability of SEM
      • As with all online media, paid search is completely measurable
    47. Search and directories expenditure 2002-2008 Source: PricewaterhouseCoopers – IAB Online Advertising Expenditure Report – September 2008
      • 70% of online transactions begin with a search query
      Source Nielsen Net Ratings 2008
    48. 67% of online search is driven by offline channels Source: iProspect, “Offline Channel Influence on Online Search Behavior,” 2007.
    49. 68% search via branded key words Source: Jupiter Research/Ipsos Insight Consumer Survey (6/07) 68% Branded Keywords
    50.  
    51. Searchers are buyers
      • One in three online search users who perform a search as a result of exposure to an offline channel go on to make a purchase as a result of that search
      Source: iProspect, “Offline Channel Influence on Online Search Behavior,” 2007.
      • Consider where the click will land
      • Is there a high correlation between what is written in the search ads and where the consumer will land?
      • Capture data and continue the conversation
    52. Wallace Bishop case study - SEM effectiveness Source: Wallace Bishop Conversion rate 20% Doubled Gold Card signups Doubled daily visitors
    53. QUT case study - SEM effectiveness 116% increase in leads y-o-y Source: 2006/2007 Data referenced from Hobsons Report on Faculty of Business Undergraduate Prospects July 06-June08 116% increase in leads y-o-y
    54. The take out!
      • Be available to engage with consumers 24/7 with a well optimised site
      • SEM will open the door when the consumer is ready to initiate a contact
      • Plan your SEM campaign holistically in conjunction with offline media activity
      • Consider where you are sending the prospect – does the landing page offer an easy brand interaction or transaction?
      • Capture data and continue the conversation
      • Remember your database is a brand asset and should be valued accordingly
      The take out!
    55. 4. Targeting technology for increased ROI
    56. What is it?
      • Behaviourial targeting allows advertisers to deliver specific targeted ads to consumers based on interest and intent as indicated by previous online user behaviour
    57. A typical car buyer
    58. Purchase cycle – motor vehicles Source: American Advertising Federation (AAF) November 2006 In market Purchase Vehicle purchase process takes 8-12 weeks Less than 5% of this time is spent car research sites 5% The majority of online time online is spent on more normal browsing 95%
    59. How does it work?
      • Behavourial targeting anonymously follows consumer’s interests, patterns and behaviours
      • Consumer’s actions are monitored
        • Search terms entered
        • Editorial content viewed
        • Ads clicked on
        • Channels or micro-sites visited
    60. Toyota/Yahoo7 case study Source: Yohoo7 95% Click through lift Users searched keywords: Toyota Holden Car Dealership carsale.com.au Hyundai Car rating drive.com.au Small Cars Consumers visited: Yahoo7-Drive Yahoo7-Directory-Automotive
    61. Benefits
      • Marketers are able to reach more engaged audiences with fewer advertising impressions with behavioural targeting
      1. Benefits
      • Users tend to find behaviourally targeted ads more relevant to their needs, and therefore more acceptable, even welcome
      2. Benefits
      • Publishers are able to monetize their niche advertising opportunities – remnant inventory that is hard to sell without behavioural targeting
      3. Benefits
    62. Most effective online targeting methods Source: American Advertising Federation (AAF) November 2006
    63. Projections for US behaviourally targeted spend Source: American Advertising Federation (AAF) November 2006
    64. The take out!
      • Ensure your communications are taking advantage of better targeting options which will become more readily available in 2009
      • This will deliver your brand less wastage and more relevant communication to prospects who are receptive to the message
      • Resulting in improved ROI
      The take out!
    65. 5. Emerging arena of mobile devices
    66. Australian mobile snapshot
      • There are now more mobile phones than people in Australia (21.26 million phones in service)
      • 9% of current mobile phone user base has a Smartphone
    67. Mobile – sobering thoughts
    68. Shop Savvy – ‘Pull’ 1D barcode scanning
    69.  
    70.  
    71. The take out!
      • Be aware of marketing hype and be realistic about what you can achieve on mobile devices in the current environment
      • Mobile is a good medium to engage with early adopters, if that is your market
      • A consideration for 2010 plans and beyond, and still be well ahead of the pack
      The take out!
    72. Wrap up
    73. Questions
      • Avail
      able
    74.  

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