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By,
Mukul Gupta
(Management Faculty & Corporate Trainer)
Digital Transformation – Unit 4
Digital Transformation
• The term Digital Transformation is in
often Use these days.
• As Per Wikipedia – It is something going
Paperless to the application of Digital
technology in all aspects of human
society.
• With wide implication of Digital
technology is making work implication
easier, there is a big confusion in the real
meaning of the term “Digital
Transformation.
Digital Transformation
• Transformation is fundamentally about
Change.
• Organizational Change is the
Foundation of Digital Transformation.
• Traditional Working Methodology in
terms of everything is becoming
obsolete, so there is a wide requirement
of adopting digital methods.
Digital Technology & Business Models
• Earlier transformation drivers were Political,
Social, Cultural or Economic Shifts.
• Digital Drivers in the era of Digital
Transformation are dynamic in nature and so
are not fixed in nature.
• Analytics tools and application are using Big
Data System.
• Use of Mobile Tools and Application
• Platforms upon which to build shareable digital
capabilities like cloud solutions and app market
Digital Technology & Business Models
• Use of Social Media Tools and Application.
• Work on Smart Wireless Networks
• Internet of Everything (IoE) is the new
profound term in the era of digitalization and so
is the base of New-Technology enabled business
models.
• A Good Model Focuses on –
• Why Do We Need to Transformation
• What Do We Need as Transformation
• How Should We Make Transformation
Digital Leadership Principles
Digital Leadership Principles
• Understanding Why You Lead
• From Mandate to Conversation (Persuasive
Powers are Increasingly Required)
• Fewer Managers More Leaders
• Leaders with More Digital Communication
along with Physical Interaction
• Authenticity Development
• Take Risk
• Empower Staff
Digital Leadership Principles
Online P.R and Reputation Mgmt.
• Online Reputation Management (or
Monitoring) is the practice of
Monitoring the internet reputation of a
person, brand or business, with the goal
of suppressing negative mentions
entirely, or pushing them lower on
search engine results page to decrease
their visibility.
• A Big fact in Digital world is 70%
Consumers Trust Other Consumer’s
Opinions posted Online
Online P.R and Reputation Mgmt.
Negative Effect of Bad Online Reputation
Negative/Positive Effects of a
Bad/Positive Online Reputation
• Could Lose Existing Customers
• Difficulty Getting New Customers
• Business Can suffer Financial Loss
• Retain Existing Customers
• Easier to Get New Customers
• Maintain a Positive Brand Image
Ways To Manage Online Reputation
• Be Proactive instead of Reactive
• Monitor Online Conversation about your
Business
• Respond and Interact with Consumer Online
• Create and Distribute Positive Content
Regulation
• Offer an Incentive in Exchange for Reviews
(Coupons, Discounts, Free Samples)
• Ask Customer to Review your Products.
• Send Customers to Your Listings on Internet
Platforms.
• Link Your Business Listing Profiles to your
Website.
Ways To Manage Online Reputation
• Flood the First Page of Search Engine with
Positive, Branded Content
• Well-Ranked Website
• On-Going SEO
• Articles, Videos, Press Releases, Photos etc
• Tips, Tools, Helpful Tutorials and other
Useful Content
Monitor Online Conversation
• Do Google Search for your business name –
• What Comes up
• Check Articles, Blogs, Forums and Customer
Review Sites
• Frequently Check your Own Blog/Website for
Comments
• Pay Close Attention to the Social Network Sites
• Listen what your customer are saying
• Respond to both positive and Negative
comments.
• Display Friendly Behavior
• Resolve Problems Promptly
Value Addition Through Digital
Marketing
• Digital Marketing adds value to the
entire Value Chain of any Business these
days.
• Role of Intermediaries
• Value Pricing
• Brand Differentiation/Loyalty
• E-Procurement
• E-Fulfillment
• Value Nets
Measure ROI of Digital Strategies
• Here are some key performance indicators
• General Performance – Traffic, Leads, Reach
• Channel Based – Website, Blog, Social
Networks, Search Engine
• Source Based Performance – Direct Traffic,
Organic Search, Referrals, E-mail, PPC
• Campaign Based Performance – Lead
Generation, Click Through, Conversion Rates
• Monitor Your Goals through Google analytics
or insights tools
• Marketing Automation Strategies Improve ROI
• Tracking Software & Analytics
What To Measure?
• Traffic Generation
• Who is Visiting
• Who is Coming Back
• Where are they coming from
• Click Through Rates
• Conversion Rates
• Cost Per Click
• Cost Per Lead
• Social Metrics
• Bounce Rate
• Customer Acquisition Cost
Evaluation of Cost Effectiveness of Digital
Strategies
• Pay Per Click
• Pay Per Impression
• Customer Acquisition Cost
• Per Unit Mailing Cost
• Per Unit Social Media Click

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Digital Marketing MBA 2nd Year Marketing Specialisation Unit - 4 AKTU

  • 1. By, Mukul Gupta (Management Faculty & Corporate Trainer) Digital Transformation – Unit 4
  • 2. Digital Transformation • The term Digital Transformation is in often Use these days. • As Per Wikipedia – It is something going Paperless to the application of Digital technology in all aspects of human society. • With wide implication of Digital technology is making work implication easier, there is a big confusion in the real meaning of the term “Digital Transformation.
  • 3. Digital Transformation • Transformation is fundamentally about Change. • Organizational Change is the Foundation of Digital Transformation. • Traditional Working Methodology in terms of everything is becoming obsolete, so there is a wide requirement of adopting digital methods.
  • 4. Digital Technology & Business Models • Earlier transformation drivers were Political, Social, Cultural or Economic Shifts. • Digital Drivers in the era of Digital Transformation are dynamic in nature and so are not fixed in nature. • Analytics tools and application are using Big Data System. • Use of Mobile Tools and Application • Platforms upon which to build shareable digital capabilities like cloud solutions and app market
  • 5. Digital Technology & Business Models • Use of Social Media Tools and Application. • Work on Smart Wireless Networks • Internet of Everything (IoE) is the new profound term in the era of digitalization and so is the base of New-Technology enabled business models. • A Good Model Focuses on – • Why Do We Need to Transformation • What Do We Need as Transformation • How Should We Make Transformation
  • 7. Digital Leadership Principles • Understanding Why You Lead • From Mandate to Conversation (Persuasive Powers are Increasingly Required) • Fewer Managers More Leaders • Leaders with More Digital Communication along with Physical Interaction • Authenticity Development • Take Risk • Empower Staff
  • 9. Online P.R and Reputation Mgmt. • Online Reputation Management (or Monitoring) is the practice of Monitoring the internet reputation of a person, brand or business, with the goal of suppressing negative mentions entirely, or pushing them lower on search engine results page to decrease their visibility. • A Big fact in Digital world is 70% Consumers Trust Other Consumer’s Opinions posted Online
  • 10. Online P.R and Reputation Mgmt.
  • 11. Negative Effect of Bad Online Reputation
  • 12. Negative/Positive Effects of a Bad/Positive Online Reputation • Could Lose Existing Customers • Difficulty Getting New Customers • Business Can suffer Financial Loss • Retain Existing Customers • Easier to Get New Customers • Maintain a Positive Brand Image
  • 13. Ways To Manage Online Reputation • Be Proactive instead of Reactive • Monitor Online Conversation about your Business • Respond and Interact with Consumer Online • Create and Distribute Positive Content Regulation • Offer an Incentive in Exchange for Reviews (Coupons, Discounts, Free Samples) • Ask Customer to Review your Products. • Send Customers to Your Listings on Internet Platforms. • Link Your Business Listing Profiles to your Website.
  • 14. Ways To Manage Online Reputation • Flood the First Page of Search Engine with Positive, Branded Content • Well-Ranked Website • On-Going SEO • Articles, Videos, Press Releases, Photos etc • Tips, Tools, Helpful Tutorials and other Useful Content
  • 15. Monitor Online Conversation • Do Google Search for your business name – • What Comes up • Check Articles, Blogs, Forums and Customer Review Sites • Frequently Check your Own Blog/Website for Comments • Pay Close Attention to the Social Network Sites • Listen what your customer are saying • Respond to both positive and Negative comments. • Display Friendly Behavior • Resolve Problems Promptly
  • 16. Value Addition Through Digital Marketing • Digital Marketing adds value to the entire Value Chain of any Business these days. • Role of Intermediaries • Value Pricing • Brand Differentiation/Loyalty • E-Procurement • E-Fulfillment • Value Nets
  • 17. Measure ROI of Digital Strategies • Here are some key performance indicators • General Performance – Traffic, Leads, Reach • Channel Based – Website, Blog, Social Networks, Search Engine • Source Based Performance – Direct Traffic, Organic Search, Referrals, E-mail, PPC • Campaign Based Performance – Lead Generation, Click Through, Conversion Rates • Monitor Your Goals through Google analytics or insights tools • Marketing Automation Strategies Improve ROI • Tracking Software & Analytics
  • 18. What To Measure? • Traffic Generation • Who is Visiting • Who is Coming Back • Where are they coming from • Click Through Rates • Conversion Rates • Cost Per Click • Cost Per Lead • Social Metrics • Bounce Rate • Customer Acquisition Cost
  • 19. Evaluation of Cost Effectiveness of Digital Strategies • Pay Per Click • Pay Per Impression • Customer Acquisition Cost • Per Unit Mailing Cost • Per Unit Social Media Click