Web marketing brilliance

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A presentation we gave at The Property Investor Show with OPPLive2010 - Understanding Internet Marketing

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Web marketing brilliance

  1. 1. Web Marketing Brilliance<br />Web Matters!<br />
  2. 2. Why us?<br />Chris Hall<br />20+ years Marketing<br />10 years Digital Marketing<br />Created and ran Web building and marketing agency 12 years<br />15 years socially active on the Internet<br />3,500 followers on Twitter<br />Carol Mann<br />20+ years overseas property professional<br />Built first CRM in 1986<br />Created and run overseas property agencies<br />CIM trained in digital marketing <br />15 years socially active on the Internet<br />1,400 followers on Twitter<br />
  3. 3. Chris and Carol are partnered with the <br />Richmond Green Group of companies <br />who also own RGM Global and OPP<br />They run<br />which is a digital marketing agency dedicated EXCLUSIVELY to property professionals<br />
  4. 4. The World Wide Web... what is it?<br />Nothing more than a fast route to people<br />The trick is finding the right route in a better, faster way than anyone else!<br />So how do we do that?<br />
  5. 5. The reasons you are here...<br />What? Why? How?<br />
  6. 6. Internet Marketing<br />SOSTAC®<br />Situation– Where are we now? = RESEARCH<br />Objectives – Where do we want to be? = TARGET<br />Strategy – How are we going to do it = METHODS<br />Tactics – What tools do we use? = MARKETING MIX<br />Actions – What skills do we need? = IMPLEMENTATION<br />Control – How do we monitor it all? = MANAGEMENT<br />The SOSTAC planning system is a marketing planning system created by marketing author PR Smith<br />
  7. 7. The core of Web marketing<br />Emotional Appeal<br />This is the secret to ‘brilliance’<br />
  8. 8. Use emotional appeal to...<br />Expandyour market reach<br />Attractqualify and ‘close’ new business<br />Communicatewith key stakeholders - clients, staff etc.<br />Raiseawareness of your business<br />Build reputations and create PR ‘buzz’<br />Deliverbetter and more timely customer service<br />Sellmore product<br />Enhancethe lifetime value of your customers<br />Showcasenew services<br />
  9. 9. SITUATIONWhere are we now?<br />This should be a collection and review of information about your external environment and internal processes and resources in order to inform the strategy<br />Why?So you can answer...<br />Is what we are going to do right and appropriate?<br />Have we got the resources to do it?<br />How?<br />Research – research – research<br />
  10. 10. Situation analysis<br />Situation review<br />Internal capabilities, immediate competitive environment [customer demand, competitor activity, supplier relationships], wider environment – PEST [politics, economy, social, technology]<br />Marketing audit / effectiveness<br />Leads, sales, customer retention, audience share, brand enhancement, customer service<br />Internet effectiveness<br />Website effectiveness, [visits to your website, repeat visits, duration, subscription rates, conversion rates, awareness], PR, SEM [search engine marketing]<br />Internal resource analysis<br />Finances, technology, human, structure of the company, processes, CRM [Customer/client Relationship Management] technical and physical<br />
  11. 11. ObjectivesWhere do we want to be?<br />SELL<br /> It is important to quantify your sales and/or lead generation targets, segmented (where possible) by category and market. i.e. Retirement / young families / investors (chairman etc.)<br />SERVE<br /> Try to define the number of customers you’d like to serve online - and set ‘levels’ for their satisfaction.<br />SPEAK<br /> Effectiveness in this area can be gauged by the number of unique visitors you receive, and the extent to which those visitors engage with your site.<br />SAVE<br /> Done right, your digital strategy should result in considerable cost savings, enabling more efficient service delivery, lower transactional costs, streamlined administration, and all but eliminating the need for printing and postage. <br />SIZZLE<br /> In fact, ‘sizzle’ refers to increased project / property / resort awareness and perception. Both of which are a whole lot easier to measure online. <br />
  12. 12. Broad objectives<br />Acquisition<br />Conversion<br />Retention<br />Growth<br />Cost<br />FOR EXAMPLE...<br />Acquire and convert new customers<br />Retain existing customers<br />Develop customer relations<br />Provide existing customers with better services and communication tools<br />
  13. 13. Examples of online objectives<br />Think about the benefits of the internet channel so that these benefits can be turned into objectives.<br />Increase property reservations online by 5% per month by digital marketing - how... Website functionality review – updates, usability of booking system etc.<br />10 new clients per month from website – how... SEM<br />2% of existing clients buy 1 more property – how...email marketing<br />50 more registrations per week – how...offline ad<br />2 downloads per day of our brochure – how...change position of data capture box<br />
  14. 14. Strategy<br />Segmentation, targeting and positioning<br />Analysis, development, implementation<br />OVP – Online Value Proposition<br />Strategic agility... Response to change and marketplace dynamics<br />Tools – email, mobile, software, CRM etc.<br />Monitor competitor strategy<br />Test usability of your website<br />Budget should be flexible to reassign priority of spend<br />Tracking<br />
  15. 15.
  16. 16. Tactics: Integration and Tools<br />
  17. 17. Tactics – How?<br />Digital marketing mix<br />Digital campaign schedule<br />Communication methods<br />Social networking<br />Social Media<br />Contact strategy<br />
  18. 18. Action<br />Responsibility<br />Project management<br />Co-ordination<br />Who does what and when?<br />Internal resources and skills<br />Can we do it?<br />Have we got knowledge?<br />Have we got the technology?<br />Have we got the time? <br />External agencies<br />Do they have the resources?<br />Do they understand my marketplace?<br />Can I trust them?<br />Can we afford it?<br />Get a contract<br />I got this badge for <br />helping a property developer<br />across the Internet<br />
  19. 19. Control<br />Assess whether strategy and tactical objectives are achieved and how improvements can be made...<br />Analytics<br />Customer surveys<br />Testimonials<br />Frequency of reporting<br />Technical systems<br />Process of reporting and actions<br />
  20. 20. Brilliance doesn’t just ‘happen’<br />It costs...<br />YOUR TIME – to do it yourself<br />You have to work really hard to truly understand the Internet AND using digital marketing in a highly targeted way to achieve your goals<br />YOUR MONEY – to use someone else<br />Or you have to pay someone who does know to do it<br />However even if you are going to pay for Web marketing, it is still necessary to understand what is going on so you are in control and can make educated decisions about what is happening and truly understand all that ‘stuff’<br />
  21. 21. Thank you<br />Question time!<br />If you have any further questions visit us on stand 568 or call<br />Chris: +44 (0)7525 155144<br />Carol:  +44 (0)7767 785813<br />

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