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Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
Online Marketing in the Energy Industry
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Online Marketing in the Energy Industry

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"Online Marketing in the Energy Industry" provides energy marketing execs a business case for online marketing and a roadmap for planning and execution of online marketing campaigns. The presentation …

"Online Marketing in the Energy Industry" provides energy marketing execs a business case for online marketing and a roadmap for planning and execution of online marketing campaigns. The presentation also discusses how the energy industry can use social media as a marketing platform to build their brand and engage customers.

Published in: Business, News & Politics
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  • @NikitaVirdi ...Hi Nikita..this is Ravish Prem Kandpal...i am running running a energy and power company...i tried to get the link you have mentioned...but unable to proceed. kindly help me with it. I am seeking social media and online marketing for my company..you can share your ideas via email: ravish.kandpal@hotmail.com.
    Thanks n regards
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  • A great idea about integrating Social Media into the Renewable energy sector.
    Hopefully, we can await the time when the energy industry gets powered by Social Media.

    Here’s an article i would want to share with you: http://bit.ly/Vmm58t
    It gives us the insights into the power and energy sector present in social media and how the other leaders can leverage through these platforms.
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  • Steve,

    I would love a copy (PDF) of this presentation 'online marketing in the energy industry' since this is an integral part of my thesis.

    Much appreciated!
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  • Dear Steve,

    I am researching green marketing for the energy industry for my thesis. Could you send a PDF copy to me?
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  • PLEASE SEE MY NEW PRESENTATION: Online Marketing in the Oilfield - 2010 at http://bit.ly/MITO2010.

    And if you are interested in learning more about Social Media, here are some other presentations and a resource kit for you should find useful:

    Social Media Strategy: http://bit.ly/7AS1zT
    Business Case for Social Media: http://bit.ly/lEB4b
    New Media Toolkit http://bit.ly/b3kTMK

    If you’d like a copy of any of these please contact me via:
    Twitter http://twitter.com/stevelatham
    Facebook: http://facebook.com/stlatham

    Good luck! - Steve
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  • 1. Online Marketing in the Energy Industry August 2009 1
  • 2. Setting Expectations This presentation IS NOT…   A deep dive into online media   A thesis on why social media matters   A compilation of things you already know This presentation DOES seek to…   Explain why the Web is great for energy marketing   Provide a Roadmap for incorporating digital into your mix   Discuss Social Media plays, dry holes and best practices 2
  • 3. Why Energy Companies Should Invest Online Web plays a key role in how we do business   How we do research   How we stay informed   How we communicate Your online presence represents:   Who you are   What you do   How you differentiate Digital media offers compelling advantages   Able to Target, Engage and Interact   Measurable, Affordable, Accountable 3
  • 4. Implications for Energy Marketers Customers are now in control   “Push” tactics don’t work   Customer choose when & how " they engage Customers have high expectations   They expect to find “it” quickly " and easily Customers have more choices   Competitors are only clicks away The marketplace is changing. We need to adapt. 4
  • 5. Online Media… Can be Overwhelming Video E-Mail Search Display and House & 3rdParty Paid + Display Pre-roll email Natural Social Rich, Flash and Tweets, Posts, Blogs, Static Ads Photos, Videos News Sites Search Web Site Social Networks Blog Email Lists So let’s keep it simple! 5
  • 6. What To Do in Challenging Times? Are you expected to do more with less? If so, it’s a great time to leverage the Web! 6
  • 7. Here’s One Approach… ??? Mobile Apps Display Video Blog Site Usability Social Search Email However, silos work best on farms 7
  • 8. Here’s Another Approach: Build a Foundation 1.  Research: find out how customers use the web" - Influencers, decision makers, users, procurement 2. Develop a Business Case for Energy marketing" - Based on trends, customers, competitors, costs 3. Develop an Online Strategy for energy marketing " - See next slide 4. Define Metrics for energy marketing" - Determine how to measure impact Business " Research Strategy Metrics Case 8
  • 9. Success Begins with a Plan! Create a roadmap that defines: •  Audiences •  Objectives •  Competitive landscape •  Tactics •  Requirements •  Metrics •  Expected results Include key stakeholders in the process! 9
  • 10. What To Measure? Basic Metrics Engagement metrics   Impressions   % Returning   Clicks   Frequency of visit   Visits   Pages viewed per visit   Page views   Time on site   Actions / Submissions Web 2.0 Metrics   Mentions / Tweets   Posts / Participation   Viewing Content   Sharing / Posting content   Uploading content 10
  • 11. Assigning Value to Web Metrics 1. Determine how Actions  Intent Action Value Visits Indicates awareness Key Page Views Indicates consideration RFI / Submission Indicates preference Sharing Content Indicates loyalty 2. Forecast how Intent  $$$   Some % who show Intent will buy or recommend   Do the math and apply across each set of actions   Use common sense to normalize results 11
  • 12. Execution: Build On Your Foundation Focus on objectives, not the Medium ??? Interaction Integration Site Usability Branding Corp Comm. Business " Research Strategy Metrics Case 12
  • 13. Site Usability / Marketing Effectiveness • Make it easy and intuitive to navigate • Minimize steps to finding what they need • Make it engaging • Use words your customers understand • Tell your story! Your site shapes your Brand. " Make a good impression! 13
  • 14. Online Branding Awareness alone does " Awareness not drive sales! Consideration Consideration and preference precede purchase decisions Preference Brand marketing works - especially in B2B! Decision $$$ Use online media to build your brand and drive sales! 14
  • 15. Communications • It’s never been easier to communicate •  Email •  RSS •  Social Media •  Mobile • It’s never been harder to communicate! •  Each requires planning, expertise and resources • Find out how your audiences want to hear from you • Incorporate into your existing programs •  Recruiting •  Product launches •  Trade shows 15
  • 16. Interaction: the Silver Bullet? • New Web architecture makes it easy to interact •  Sites, groups, tools •  Real-time web is the next new thing • Creates a new set of challenges •  Legal, resources, duties, guidelines • Keys to interaction: •  Monitoring mentions •  Listening to your community •  Engaging your audiences •  Being transparent Think: Telephone vs. a Megaphone 16
  • 17. Integrated Approach = Superior ROI Integrated Program Coordinated planning and execution is a must 17
  • 18. A Few Words on Social Media… What the *#@!*? 18
  • 19. 5 Reasons to Embrace Social Media 1. You are already involved in Social Media   Your employees are doing it   Discussions about your brand are taking place   If you participate you can shape outcomes 2. Comparative advantages   Word of mouth is #1 influencer of purchases   Requires minimal spend 3. Revenue growth   Among top 100 Brands, those who utilize social media saw 18% lift in revenue (Altimeter / Wet Paint 2009) 19
  • 20. 5 Reasons to Embrace Social Media 4. Effective for Energy Marketing:   Inbound marketing   Recruiting   Employee relations / culture   Community relations   Investor relations   Crisis / corporate communications 5. Search Engine Rankings!   Used properly, can produce great results!   See example on next slide 20
  • 21. Case Study: Social Media Drives Search Using social media, I have 3 of top 4 listings for “social media business case” 21
  • 22. Social Media Pitfalls   Rush to action without a plan   Lack of objectives and measurement   Failing to engage audiences   Limited Reach 22
  • 23. Q’s to Ask to Avoid Social Media Pitfalls   Focus: who are you targeting? Objectives? •  Define audiences and identify influencers •  Set reasonable (conservative) expectations   Media: which PLATFORMS should you use?   Engagement: how to LISTEN and INTERACT? •  Who will create, review and post content? •  Content guidelines: media, voice, frequency? •  How will you respond to negative comments? 23
  • 24. Avoiding Social Media Pitfalls (cont.)   Reach: how will you promote your program? •  Online, email, offline, PR, word of mouth •  How will you build your network?   Resources: what is needed; what will it cost? •  People, process, assets, tools, etc.   Metrics: how will you measure success? •  What metrics will you use? •  What tools will you use? •  What will constitute success? 24
  • 25. Sample Report - Buzz Volume Trended Q3 Q4 Q1 Q2 Q3 This is an example of a buzz volume - trended chart. This chart can be used to see how conversation changes over time for a particular brand or topic. This report allows a researcher to drill into the conversations and determine what topics are driving these discussions 25
  • 26. Sample Report – Buzz Volume Cross Topic Buzz Volume, Cross-Topic: Client vs. Competitors (source: Nielsen Online) This is an example of a buzz volume cross topic chart. Topics that are driving conversation around a brand can be measured in terms of volume as well as the sub-topics associated with each of these brands. 26
  • 27. Worst and Best Practices in Energy Marketing Worst Practices Best Practices Chasing shiny new objects Business case One-off efforts Strategic Plan Hunting Fishing Shouting Listening and Interacting Silo approach Holistic / integrated approach Unrealistic Expectations Under-promise, Over-deliver Empire building Outsource expertise 27
  • 28. In Closing… Online represents a significant opportunity to:   Build your brand   Improve ROI from budget   Engage and interact Maximize Opportunities   Foundational approach   Strategic, integrated plan   Complement existing programs   Capitalize on social media Let’s stay in touch!   Check out my blog at SpurInteractive.com   Follow me on Twitter @stevelatham   Find me on Facebook, LinkedIn and SlideShare 28
  • 29. About the Presenter Steve Latham is the founder and CEO of Spur Interactive, a strategic interactive marketing agency. In this role, Steve has planned and managed successful campaigns for leading brands, including ConocoPhillips, FedEx Kinko's, Southwest Airlines and The Scooter Store, to name a few. Steve is an accomplished industry lecturer and an active member of the business and non-profit community. Steve’s articles on interactive strategies have been published by MediaPost, iMedia Connection and Marketing News. He has been quoted in PR Week, Fortune and CNN.com. Steve received an MBA from Harvard Business School and a BBA from the University of Oklahoma. 29

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