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Digital Marketing Fundamentals
By: Avi Chand
Avi Chand Marketing
achand@easymail.in
Marketing revisited
Pre-Marketing ~ Barter System
Utility Vs Pride/Joy of Ownership  Any premium?
Marketing revisited
• What is Marketing?
• Create, Communicate, Distribute Value (Proposition)
• Meet needs profitably
• Executed through 3Cs, STP, and 4Ps
• 3Cs  SWOT, PESTL, Porter’s 5 Forces, Ansoff Matrix, BCG Matrix
etc.
• Value Proposition – the Heart of marketing
• set of unique attributes, benefits, and emotions you offer your
customers through your marketing offering
Value Proposition
• What is the customer willing to pay for? – insights and research
• Customer is buying more than just a product or service. He is buying a
bundle of attributes, benefits, and emotions
• Benefits, not attributes. Sell the “hole”, not the “drill”
Marketing revisited
• The main or primary job of marketers is to define and target the right
customers segments who would understand their value proposition
and be willing to pay the right price for the value offered through
their marketing mix – the product, price, promotion, and placement
(channel)
• Market-ing – There is no “marketing” without a value proposition
• Marketing as a discipline emerged in the 1940-50s
Marketing revisited
• What is Marketing Strategy?
• Outlines target market and value proposition to that target market
• What are the strategic/policy-level elements/aspects of
marketing? These determine 4Ps, brand positioning
• Link between the company and the customer
• Helps firm gain competitive advantage in the long run
Consumer Behavior
Consumer Behavior
• Customers do not immediately buy into your value proposition – they
take time. Marketers need to understand this consumer behavior – or
what customers do on their way to making a purchase. It is what
marketers call “The Buyer’s Journey” – the three stages in a
customer’s decision-making process
• Awareness: When consumers become aware of their needs and
recognize you as a vendor, among others, capable of meeting their
needs or solving their problems
Consumer Behavior
• Consideration: During this phase, consumers refine their needs
through their education and are better equipped to compare you to
your competition
• Decision: The customer is ready to give a vendor their business
because they are convinced that his or her value proposition is truly
superior
Consumer Behavior
Perspective - how you approach a problem
• Lack of perspective = bits and pieces of knowledge, no pattern
• E.g. 4Ps seem so logical, but why is it called “marketing mix”?
• What is your perspective in digital marketing?
• Perspective = Customers do not immediately buy into value
proposition and must be guided and assisted through the Buyer
Journey
• This is the heart of digital marketing
The Digital Marketer’s Job
• The real job of a contemporary marketer is to facilitate, influence,
and catalyze the buyer journey
• They must empower, inform, and educate customers throughout
their buyer journeys so that they are convinced of the superiority of
the marketer’s value proposition.
• Authenticity is one of the key factors of market success for brands as
customers are better informed than ever before.
The Digital Marketer’s Job
• Knowing the three stages in the buyer’s journey, marketers must set
clear marketing tasks and objectives for each stage to influence
customers’ behavior in ways that is beneficial to their brands
The Digital Marketer’s Job
• Knowing the three stages in the buyer’s journey, marketers must set
clear marketing tasks and objectives for each stage to direct
customers and deepen brand engagement
The Digital Marketer’s Job
• In the awareness stage, try to earn high brand awareness/recall or
generate traffic. With a thorough understanding of the needs of the
customers, communicate precisely what customers need to know in
the awareness stage. Inform the customer  Reach
• In the consideration stage, try to earn high brand engagement or
leads. Consumers are now aware of your market offering, so do more
to help them be more engaged with you in their decision making
process – get them to download brochures, see demo videos, trial an
app or software, attend a sales event, or trial a promotional offering
 Engage
The Digital Marketer’s Job
• In the decision stage, focus on highly engaged customers to earn high
sales potential  Convert
• Reach, Engage, Convert = TLS = Traffic, Leads, Sales
• This movement from awareness (traffic) to engagement (leads) to
sales (conversion) is at the heart of digital marketing. Engagement or
two-way interaction as a strategy is not available with traditional
advertising.
Summary
• Marketers must have clear marketing objectives throughout the
customer journey
• Generate traffic in the awareness stage
• Generate leads in the consideration / engagement stage
• Generate sales in the decision stage
Digital Marketing Goals
• Communicate Value Proposition (visibility / awareness / reach), drive
Customer Engagement, and offer Brand Experience throughout the
Buyer Journey
The Digital Marketer’s Job
• Aware customers are more likely to engage with your brand
communication, and engaged customers are more likely to buy from
you. Importantly, it gets cheaper to engage aware customers and to
sell to engaged customers as you can focus your marketing spending
on more efficient and effective marketing activities like e-mail and re-
marketing
• The downward/inward movement with progressive cost reduction
and increasing marketing efficiency is called the marketing funnel
The Digital Marketer’s Job
• In summary, the digital marketer’s key job is to create and measure or
operationalize / execute / scale the marketing funnel
• Your job as marketing executives is to operationalize and scale the
marketing funnel
Ugaoo.com
Tools, Techniques, and Metrics
• A host of digital tools and platforms, metrics, and tactics are available
to marketers to create and measure the marketing funnel
• Marketers must smartly measure awareness and engagement
through metrics such as cost per lead, cost per action, cost per
acquisition, click-through-rates, likes, shares etc. to be able to identify
the movement from awareness to engagement to sales. They must
also design intelligent engagement strategies to increase pipeline
velocity – the speed with which customers move through their
marketing funnel
Brief history of Digital Marketing
• 1990s – Web 1.0 – static content with banner ads
• Mid 2000s – Web 2.0 – web becomes a social space with user-
generated content – web becomes a platform for users to interact
and engage. Cookies make personalization possible. Advertising and
customer outreach take many shapes and forms – contextualized and
personalized search and social media ads – relevance at scale
Web 1.0
Web 2.0
Tools, Techniques, and Metrics
• Tools and platforms available to create and measure the marketing
funnel:
• Awareness / Traffic: Search Engine Marketing, Social Media
Marketing, Content Marketing
• Consideration / Leads: Lead Magnets, Landing Pages, Conversion
Optimization, Analytics
Tools, Techniques, and Metrics
• Decision / Sales: Marketing Automation, Re-marketing, Email
Marketing
Operationalizing the marketing funnel
Digital Marketing Tactics or Techniques
• Search Engine Optimization (SEO)
• Social Media Marketing
• Digital Advertising
• Pay-per-click Advertising (PPC)
• Content marketing
• Website marketing
• Email marketing
• Downloadable content

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Digital Marketing Fundamentals

  • 1. Digital Marketing Fundamentals By: Avi Chand Avi Chand Marketing achand@easymail.in
  • 3. Pre-Marketing ~ Barter System Utility Vs Pride/Joy of Ownership  Any premium?
  • 4. Marketing revisited • What is Marketing? • Create, Communicate, Distribute Value (Proposition) • Meet needs profitably • Executed through 3Cs, STP, and 4Ps • 3Cs  SWOT, PESTL, Porter’s 5 Forces, Ansoff Matrix, BCG Matrix etc. • Value Proposition – the Heart of marketing • set of unique attributes, benefits, and emotions you offer your customers through your marketing offering
  • 5. Value Proposition • What is the customer willing to pay for? – insights and research • Customer is buying more than just a product or service. He is buying a bundle of attributes, benefits, and emotions • Benefits, not attributes. Sell the “hole”, not the “drill”
  • 6. Marketing revisited • The main or primary job of marketers is to define and target the right customers segments who would understand their value proposition and be willing to pay the right price for the value offered through their marketing mix – the product, price, promotion, and placement (channel) • Market-ing – There is no “marketing” without a value proposition • Marketing as a discipline emerged in the 1940-50s
  • 7. Marketing revisited • What is Marketing Strategy? • Outlines target market and value proposition to that target market • What are the strategic/policy-level elements/aspects of marketing? These determine 4Ps, brand positioning • Link between the company and the customer • Helps firm gain competitive advantage in the long run
  • 9. Consumer Behavior • Customers do not immediately buy into your value proposition – they take time. Marketers need to understand this consumer behavior – or what customers do on their way to making a purchase. It is what marketers call “The Buyer’s Journey” – the three stages in a customer’s decision-making process • Awareness: When consumers become aware of their needs and recognize you as a vendor, among others, capable of meeting their needs or solving their problems
  • 10. Consumer Behavior • Consideration: During this phase, consumers refine their needs through their education and are better equipped to compare you to your competition • Decision: The customer is ready to give a vendor their business because they are convinced that his or her value proposition is truly superior
  • 12. Perspective - how you approach a problem • Lack of perspective = bits and pieces of knowledge, no pattern • E.g. 4Ps seem so logical, but why is it called “marketing mix”? • What is your perspective in digital marketing? • Perspective = Customers do not immediately buy into value proposition and must be guided and assisted through the Buyer Journey • This is the heart of digital marketing
  • 13. The Digital Marketer’s Job • The real job of a contemporary marketer is to facilitate, influence, and catalyze the buyer journey • They must empower, inform, and educate customers throughout their buyer journeys so that they are convinced of the superiority of the marketer’s value proposition. • Authenticity is one of the key factors of market success for brands as customers are better informed than ever before.
  • 14. The Digital Marketer’s Job • Knowing the three stages in the buyer’s journey, marketers must set clear marketing tasks and objectives for each stage to influence customers’ behavior in ways that is beneficial to their brands
  • 15. The Digital Marketer’s Job • Knowing the three stages in the buyer’s journey, marketers must set clear marketing tasks and objectives for each stage to direct customers and deepen brand engagement
  • 16. The Digital Marketer’s Job • In the awareness stage, try to earn high brand awareness/recall or generate traffic. With a thorough understanding of the needs of the customers, communicate precisely what customers need to know in the awareness stage. Inform the customer  Reach • In the consideration stage, try to earn high brand engagement or leads. Consumers are now aware of your market offering, so do more to help them be more engaged with you in their decision making process – get them to download brochures, see demo videos, trial an app or software, attend a sales event, or trial a promotional offering  Engage
  • 17. The Digital Marketer’s Job • In the decision stage, focus on highly engaged customers to earn high sales potential  Convert • Reach, Engage, Convert = TLS = Traffic, Leads, Sales • This movement from awareness (traffic) to engagement (leads) to sales (conversion) is at the heart of digital marketing. Engagement or two-way interaction as a strategy is not available with traditional advertising.
  • 18. Summary • Marketers must have clear marketing objectives throughout the customer journey • Generate traffic in the awareness stage • Generate leads in the consideration / engagement stage • Generate sales in the decision stage
  • 19. Digital Marketing Goals • Communicate Value Proposition (visibility / awareness / reach), drive Customer Engagement, and offer Brand Experience throughout the Buyer Journey
  • 20. The Digital Marketer’s Job • Aware customers are more likely to engage with your brand communication, and engaged customers are more likely to buy from you. Importantly, it gets cheaper to engage aware customers and to sell to engaged customers as you can focus your marketing spending on more efficient and effective marketing activities like e-mail and re- marketing • The downward/inward movement with progressive cost reduction and increasing marketing efficiency is called the marketing funnel
  • 21.
  • 22. The Digital Marketer’s Job • In summary, the digital marketer’s key job is to create and measure or operationalize / execute / scale the marketing funnel • Your job as marketing executives is to operationalize and scale the marketing funnel
  • 23.
  • 25. Tools, Techniques, and Metrics • A host of digital tools and platforms, metrics, and tactics are available to marketers to create and measure the marketing funnel • Marketers must smartly measure awareness and engagement through metrics such as cost per lead, cost per action, cost per acquisition, click-through-rates, likes, shares etc. to be able to identify the movement from awareness to engagement to sales. They must also design intelligent engagement strategies to increase pipeline velocity – the speed with which customers move through their marketing funnel
  • 26. Brief history of Digital Marketing • 1990s – Web 1.0 – static content with banner ads • Mid 2000s – Web 2.0 – web becomes a social space with user- generated content – web becomes a platform for users to interact and engage. Cookies make personalization possible. Advertising and customer outreach take many shapes and forms – contextualized and personalized search and social media ads – relevance at scale
  • 29. Tools, Techniques, and Metrics • Tools and platforms available to create and measure the marketing funnel: • Awareness / Traffic: Search Engine Marketing, Social Media Marketing, Content Marketing • Consideration / Leads: Lead Magnets, Landing Pages, Conversion Optimization, Analytics
  • 30. Tools, Techniques, and Metrics • Decision / Sales: Marketing Automation, Re-marketing, Email Marketing
  • 32. Digital Marketing Tactics or Techniques • Search Engine Optimization (SEO) • Social Media Marketing • Digital Advertising • Pay-per-click Advertising (PPC) • Content marketing • Website marketing • Email marketing • Downloadable content