This June 2010 presentation to entrepreneurs emphasized the importance of finding data that can assist in target audience definition and then moving to key tactics.
Phases of Discovery: Let's Play The Marketing Game
1. Brought to You By:
Dawn Marie Yankeelov, Aspectx
Date: June 2010
May 17
2. Is This Russian Roulette?
Getting to the “Must Know”
Understanding the “What Is”
Learning from the “What Has Been”
Reputation Management
Form Strategy from Business Planning
Move to Tactics and Look at Technologies
May 17
3. The Answer You’ve Been
Waiting For…
Competitive Intelligence
n. Abbr. CI A systematic and ethical program for
gathering, analyzing, and managing external
information that can affect your company's plans,
decisions, and operations.
CI is the process of enhancing marketplace
competitiveness through a greater, ethical
understanding of a firm's competitors and the
competitive environment.
May 17
4. Why CI?
It’s important to know:
Who are your clients and the conditions affecting;
What is your specialty based on the environment;
What the market is doing globally, locally, regionally,
nationally, and in international subsets;
How other corporations with similar missions are
responding;
Where industry trends may impact your decisions.
ASPectx can prepare you for proper business planning toward
improved productivity and enhanced profitability.
May 17
5. Sleuthing Steps
1. Evaluate the competition. There’s no time like the present to know
what the marketplace is doing in your field.
2. Determine if your company really has a unique selling
proposition. Your key benefits involving products or services should
be defined after you take a snapshot view of the competitive
landscape.
3. Identify key industry trade shows and related events. Make sure
your organization has representation within trade associations of
interest.
4. Launch new products based on known demographics or key
determining factors. Build a business case for change within your
annual corporate planning.
5. Offer a return on investment (ROI) model to clients after
evaluating the trends and their needs. Know what questions your
clients will ask and be prepared.
May 17
7. B. Determining Targets
Answer the 5 W’s – Keep It Simple
Who are you selling to?
What are you selling?
Where will you sell?
When will you begin to sell?
Why should they buy?
May 17
8. Top Mistakes in Small Biz
1. Lack of Innovation: avoid the belief that one
good idea is enough for a lifetime.
2. No Marketing Plan: know that there is more to
life than cold calls.
3. Not Knowing Your Customers: track changes in
customer preferences
4. Not Knowing When to Invest in Marketing:
forecast cash needs and budget for marketing
regularly
May 17
9. Target Marketing: The Magic Key
1. Know Your Customers
2. Define Your Potential Customers
3. Consider the following key questions:
Do the number of identified targets match our goals?
Can we quantify what “verticals” and/or horizontal plays
we have?
What are the breakouts in terms of demographics?
What types of communication work best for these
targets?
May 17
12. Tracking Reputation in Social
Media
Understand your position vs. competitors
Activity: where do people discuss? How much?
Sentiment
Share of voice
Themes: What are people talking about?
Key influencers: Don’t assume these are static
Be selective in your responses
Whose opinion will travel far & wide?
When do you leave well enough alone?
Proactive vs. reactive
Proactive: influence the spread of ideas
Reactive: correct inaccuracies before they explode
Be corrective & authentic
--From Collective Intellect
May 17
13. Getting the Word Out
Four Basic Food Groups
PR
Marketing
Advertising
Sales
May 17
Social Media can be part of
all food groups including
blogs, podcasts, Fan pages,
Corporate Pages, Ads in
Networks
14. Public Relations
Useful in a Call to Action
Building a Brand
Expert Status
Launch of Product or Service
Event Planning
Trade Shows, Seminars, Special Event Tie-Ins
Media Relations/Blogger Relations
Social Media Fan Page
Incentive Programs
•The art of
communicating with
specific groups to
inform and educate
effectively to create
a positive opinion.
. Direct: 502-292-2351 . Cell: 502-548-1304 .
May 17
15. Aspectx handled all PR for Kentucky Tax Amnesty program—
Exceeded goals by 120%. Case Study at www.aspectx.com.
Aspectx participated in first communications plan for a new
security technology for internal government promulgation and
external marketing
Aspectx participated in focus groups, recommendations, and
discussions related to use of search and data mining for National
Academy of Sciences
Short Stories—Govt.
16. Marketing
ASPectx believes that solid
marketing plans begin with
defining your target audiences
and reviewing sales objectives.
Research.
Strategic Planning.
Tactics.
Execution.
Defined activities
designed to support
specific strategy for
an organization or
corporation with
purposeful tactics to
produce tangible
results
. Direct: 502-292-2351 . Cell: 502-548-1304 .
May 17
17. Genscape, a leader in wireless monitoring of the power grid,
began building brand equity with energy trade press and
strategic partnering and marketing planning through Aspectx.
Result: Company cut was able to identify its first deals and
began its growth path. Genscape is now a leading global
provider of energy information for commodity and financial
markets. Case Study at www.aspectx.com.
Short Stories
18. Advertising
Talk one-to-many and be persistent
in key media of interest to your
target
Newspaper ads
Billboards
Radio and TV
Online sponsorships, targeted email
Search Engine Optimization (SEO)
Google Ad Words
Facebook Ads
Linked In Ads
Advertising is the
nonpersonal, paid
communication of
information. It is
persuasive in nature,
referring to
products, services or
ideas by identified
sponsors
Direct: 502-292-2351 . Cell: 502-548-1304 . Jun-10
May 17
19. Jumping on the Bandwagon
iPhone Applications
News Alerts
Two-Way Interaction
Start a Group/Linked In
Video Testimonials
Job Twitters
20. Confidential
TextBlast Applications
Goal: Increase transparency in government,
keep citizens informed in real-time,
provide more awareness in the
community.
Create following categories on city website
for citizens to sign up and receive city-
related text messages including:
Half-mast notifications
Job openings
Tourism – City events
City Announcements
Town Hall Meeting/City Commission
notifications
City Parks
Polling of Citizens
State of Emergency Notifications
Traffic alerts
Crime Tips
Amber Alerts
Press Releases
This is an EMS
notification from
the City of
Evansville.
Tornado sighter:
Seek shelter in
basement non-
window area,
21. Mobile Phone Craze
More people now have a
mobile phone than an
Internet-connected PC in the
United States and globally.
There are more than 255
million mobile phone users
in the U.S., roughly 85% of
the U.S. population.
83% of U.S adults own at least
one mobile phone5
..
Two-Way Chat Applications
CRM
Municipal
Utilities
Healthcare
Marketing
Polling
Contests
22. Medication Compliance
Confirmation
Patient signs up for medication
confirmations.
This is your
friendly
reminder to
confirm your
medication.
Please Reply
Y or N
Receiving and tracking therapy adherence data via a
mobile session. It engages the patient and allows for
assessment through data tracking and reporting
23. Confidential
Consumer Text Messaging Stats
•More than three-quarters (77%) of wireless
subscriber lines in the U.S. subscribe to or
purchase text-message capability.
• 94% of all text messages are opened and
read.
•U.S. mobile subscribers send and received on
average 357 text messages per month vs. 79
texts sent/received just a year ago.
•The average number of texts sent/received is
1742 texts/month for ages 13-17.
•78% of adults under 30 respond to text
messages within minutes. This is twice the
number of people who claim to respond to
voicemail within minutes.
25. Sales
Usually involving interpersonal
exchanges to convince or sway for a
final purchase
To Get to Closing: Personal
relationships (PR) and/or a combo
plate of PR, Marketing, and
Advertising activities
Activities
involved in selling
goods or services
. Direct: 502-292-2351 . Cell: 502-548-1304 .
May 17
26. Your Website and Its Promise
Your face to the world
Wash it every once in a while—evaluate
Add speaking engagements and trade show
Add Social Media “Share” Button on Hot Content
Make sure data is current
May 17
27. Social Business Buzz
30 Billion Videos Watched Online In April 2010
comScore Video Metrix service
Mobile Apps To Hit $32 Billion In Five Years, with
85% downloaded for free
Juniper Research
Internet advertising revenues in the U.S. hit $5.9
billion for Q1 2010, representing a 7.5% increase over
the same period in 2009
Interactive Advertising Bureau
May 17
28. According to a study by Anderson Analytics that involved
5,000 U.S. social media users:
61% of social media users are under age 35
75% said Facebook was their most valuable network,
65% who cited MySpace
30% said LinkedIn was their most valuable network
12% said Twitter was most valuable
32% of male respondents said using social media for
business/career
was a key benefit, 22% for females
-- July 2009
May 17
29. Facebook is Winning
Almost half the nation’s internet users now take part
in online social networks, such as Facebook, MySpace,
Twitter, and Linked In, almost twice the rate of a year
ago
--The Conference Board; June ‘09
No. 1: Facebook, used by 78% of all participants in
social media
New survey results also show that among adults 18 and
older, Facebook has taken over as the social network of
choice
A quarter log in at work
May 17
30. Checkster career management
tools that include 360 degree
feedback, employee self
assessment and evaluation,
pre-hire.
Candidates invite you-
survey-then analytics
based on length of
relationship and other
factors—This doubles the
reference check.
May 17
Technology and HR
32. Strategy Then Tactics
First Research, Then Target
Know the Target Audiences and
Narrow Focus
Use a Marketing Mix
New Technologies Can Be Winners if
Properly Applied
Try On Social Media for Business Boost
May 17
33. Turnkey approach to Branding, Public Relations,
Communications and Outreach
Understanding of Messaging Required for New
Technologies
Business Development and Strategic Planning Skills
for Core Targets
Core Competency in Public Relations, Marketing and
Web Technologies, including Mobile Applications
Facilitates Communications Amongst Parties
Why Aspectx?
May 17
34. Aspectx Contact Points
Twitter: @dawnyaspectx
Facebook
Linked In
dawny@aspectx.com
www.aspectx.com
May 17