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Digital Marketing
Is it worth your time and
money?
Shane Redding, Think Direct
A little bit about me
 30 + years in
marketing
 Consult, train and
& lecture
 Own 2 companies
and hold 3 NEDs
 Built and sold 3
marketing led
businesses
09/18/13
2
09/18/133
In 45 mins!
 Time to think!
 Focus – what is ONE thing that will
make the difference
 Keep it simple
 Shared learnings
 Questions
 Action Plan
09/18/134
Top Tips to grow your
business profitably
 Social media – a waste of time and
money or essential?
 Digital marketing for sales leads –
new tools
 Email marketing – is it working for
you and your customers?
Digital Marketing today
 Confusion
 Customers in
control
 “free” or cheap
prioritised over
effective
 New marketing
technology
09/18/135
Key trends
Differences between Consumer and
b2b Marketing
Or is it more about the similarities?
What has changed?
The Social Landscape
FACEBOOK: 1.1BN
MEMBERS / 33m
UK
TWITTER: 200M+
MEMBERS WORLDWIDE
/ 15m UK
LINKEDIN: 200M MEMBERS
WORLDWIDE / 10m UK
YOUTUBE: 3BN
VIDEO VIEWS
PER DAY
GOOGLE+: 500M
MEMBERS /
135m active
INSTAGRAM:
200M USERSPINTEREST: 70M
MEMBERS WORLDWIDE
/ 3.2M UK
Social is MOBILE!
SOURCE: FACEBOOK
How Digital, Mobile & Social
are you?
It doesn’t matter!
What does matter is understanding:
Where your customers are
How digital marketing can help them
…buy more from you!
How to measure Roi
Where to invest
09/18/1311
So where to start? Look,
Listen and Learn
 Research – where are your customers
and influencers?
 Listen
 What are their interests?
 What is their pain?
 How can you help?
 How can you add value?
09/18/1312
B2B v B2C
http://www.socialmediaexaminer.com/b2b-social-media-marketing-resea
B2C common problems
B2C
Poor search
results (lack of
brand)
Low footfall/WOM
Poor customer
retention
 Ideas
09/18/1314
B2B common problems
Problem
Lack of quality
leads
Poor search
results
Lots of content,
but little
engagement (no
fanbase!)
Ideas
09/18/1315
5 Top Tips
1. Find your influencers and get them to
do your marketing for you!
2. Integrate your channels
3. Be consistent across your channels
in look, and messages
4. Clear Call To Action – what do you
want them to DO?
5. Make it EASY (for them!)
09/18/1316
09/18/1317
09/18/1318
09/18/1319
09/18/1320
09/18/1321
09/18/1322
09/18/1323
09/18/1324
09/18/1325
09/18/1326
09/18/1327
What else can Social Media
do for you?
1. Generate data (leads and deeper
customer insight)
2. Customer generated content (maybe
more valuable than yours!)
3. Customer service: gives you feedback
on what the world thinks of you
4. Crowdsource = Ask for input (e.g. new
product dev, market research)
Set Smart objectives
 I want to increase my email sign ups from 1000
to 2000 by December 31st
2012
 I need to create increased engagement at
events, using Twitter I will gain 500 new
followers and achieve a 10% increase in
retweets with a 5% increase in stand visitors
 I will increase website referrals from thought
leaders by 8% in 6 months
But be very clear on how this will convert to
Don’t forget the Internal
benefits!
Marketing Tactics that work
09/18/1331
The KME Group
485,000 tons
€ 3,000 million
13 production sites
2 industry-leading research centres
Global sales network
6,250 employees
21,000 business partners
YCT
£150 million turnover
200 employees
35% market share
62 years – manufacturing in the UK
What we did in the old days
Tube talk magazine
Trade press
PR
Direct mail
Database 3k
Talked to the merchants
 Costs four times what we currently
pay
 Un-measureable
 No proof of ROI
 Costs four times what we currently
pay
 Un-measureable
 No proof of ROI
 Costs four times what we currently
pay
 Un-measureable
 No proof of ROI
Today
Social media
Video
Email marketing – direct and html
Website – Lead forensics
Database of 40k
Talk to the end user – the installer
RESULTS
• 108,961 emails
• 16,039 opens
• 1290 Facebook Likes
• 412 Twitter Followers
• 23 LinkedIn Members
Marketing Tactics that work
US DMA stats show that
revenue per $1
Email $39
Search $22
Display $19
Social $12
09/18/1348
Email marketing
1. Collect the email – doh!
2. Make it easy, relevant and compliant
3. Check: links, spam filters, rendering,
spelling!
4. Test SMALL
5. Make Mobile friendly
09/18/1349
Target using the 3 R’s
1. Right person
2. Right place
3. Right time
This will give you the best return on
your marketing - more than
anything else!
09/18/1350
Email marketing
1. Good data essential for TARGETING
2. Integrate – email to social and back
3. Newsletters are great, but send them
“regularly” not “monthly” – only send
when you have something to say
4. and what do you want them to do ……
CTA?
09/18/13
ROMI: What to measure and
Tools
1. Online: Referral sites, page views,
Ad ROI, Google Analytics (free)
2. E commerce: Google Checkout
3. Email: depends on esp but opens,
clicks, hard bounces, soft bounces
4. Twitter use unique bitly links and #
5. Offline: Media by Unique code
6. B2b: tools like Lead Forensics
09/18/1352
ACTION PLAN
Marketing Tactics
 What are you going to do differently?
 How are you going to do it?
 Who is going to do it?
 When will it be done?
09/18/1353
KISS
1. Focus
2. What do you do well?
3. What do you NOT do well?
4. Outsource for growth
5. Keep doing it better
09/18/1354
Don’t forget to
 Say thank you
 Tell them what else you do
 Ask for testimonials
 Offer rewards for referrals
 Keep in touch (collect their data!)
 Make it personal!
09/18/1355
Thank you!
Shane.Redding@thinkdirect.biz
@shanerddng
www.cyance.com
Slides on Slideshare and linked in
09/18/1356

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Barclays Digital Marketing presentation

  • 1. Digital Marketing Is it worth your time and money? Shane Redding, Think Direct
  • 2. A little bit about me  30 + years in marketing  Consult, train and & lecture  Own 2 companies and hold 3 NEDs  Built and sold 3 marketing led businesses 09/18/13 2
  • 3. 09/18/133 In 45 mins!  Time to think!  Focus – what is ONE thing that will make the difference  Keep it simple  Shared learnings  Questions  Action Plan
  • 4. 09/18/134 Top Tips to grow your business profitably  Social media – a waste of time and money or essential?  Digital marketing for sales leads – new tools  Email marketing – is it working for you and your customers?
  • 5. Digital Marketing today  Confusion  Customers in control  “free” or cheap prioritised over effective  New marketing technology 09/18/135
  • 7. Differences between Consumer and b2b Marketing Or is it more about the similarities? What has changed?
  • 8. The Social Landscape FACEBOOK: 1.1BN MEMBERS / 33m UK TWITTER: 200M+ MEMBERS WORLDWIDE / 15m UK LINKEDIN: 200M MEMBERS WORLDWIDE / 10m UK YOUTUBE: 3BN VIDEO VIEWS PER DAY GOOGLE+: 500M MEMBERS / 135m active INSTAGRAM: 200M USERSPINTEREST: 70M MEMBERS WORLDWIDE / 3.2M UK
  • 10. How Digital, Mobile & Social are you?
  • 11. It doesn’t matter! What does matter is understanding: Where your customers are How digital marketing can help them …buy more from you! How to measure Roi Where to invest 09/18/1311
  • 12. So where to start? Look, Listen and Learn  Research – where are your customers and influencers?  Listen  What are their interests?  What is their pain?  How can you help?  How can you add value? 09/18/1312
  • 14. B2C common problems B2C Poor search results (lack of brand) Low footfall/WOM Poor customer retention  Ideas 09/18/1314
  • 15. B2B common problems Problem Lack of quality leads Poor search results Lots of content, but little engagement (no fanbase!) Ideas 09/18/1315
  • 16. 5 Top Tips 1. Find your influencers and get them to do your marketing for you! 2. Integrate your channels 3. Be consistent across your channels in look, and messages 4. Clear Call To Action – what do you want them to DO? 5. Make it EASY (for them!) 09/18/1316
  • 28. What else can Social Media do for you? 1. Generate data (leads and deeper customer insight) 2. Customer generated content (maybe more valuable than yours!) 3. Customer service: gives you feedback on what the world thinks of you 4. Crowdsource = Ask for input (e.g. new product dev, market research)
  • 29. Set Smart objectives  I want to increase my email sign ups from 1000 to 2000 by December 31st 2012  I need to create increased engagement at events, using Twitter I will gain 500 new followers and achieve a 10% increase in retweets with a 5% increase in stand visitors  I will increase website referrals from thought leaders by 8% in 6 months But be very clear on how this will convert to
  • 30. Don’t forget the Internal benefits!
  • 31. Marketing Tactics that work 09/18/1331
  • 32. The KME Group 485,000 tons € 3,000 million 13 production sites 2 industry-leading research centres Global sales network 6,250 employees 21,000 business partners
  • 33. YCT £150 million turnover 200 employees 35% market share 62 years – manufacturing in the UK
  • 34. What we did in the old days Tube talk magazine Trade press PR Direct mail Database 3k Talked to the merchants
  • 35.
  • 36.  Costs four times what we currently pay  Un-measureable  No proof of ROI
  • 37.  Costs four times what we currently pay  Un-measureable  No proof of ROI
  • 38.  Costs four times what we currently pay  Un-measureable  No proof of ROI
  • 39. Today Social media Video Email marketing – direct and html Website – Lead forensics Database of 40k Talk to the end user – the installer
  • 40.
  • 41.
  • 42.
  • 43.
  • 44.
  • 45.
  • 46.
  • 47. RESULTS • 108,961 emails • 16,039 opens • 1290 Facebook Likes • 412 Twitter Followers • 23 LinkedIn Members
  • 48. Marketing Tactics that work US DMA stats show that revenue per $1 Email $39 Search $22 Display $19 Social $12 09/18/1348
  • 49. Email marketing 1. Collect the email – doh! 2. Make it easy, relevant and compliant 3. Check: links, spam filters, rendering, spelling! 4. Test SMALL 5. Make Mobile friendly 09/18/1349
  • 50. Target using the 3 R’s 1. Right person 2. Right place 3. Right time This will give you the best return on your marketing - more than anything else! 09/18/1350
  • 51. Email marketing 1. Good data essential for TARGETING 2. Integrate – email to social and back 3. Newsletters are great, but send them “regularly” not “monthly” – only send when you have something to say 4. and what do you want them to do …… CTA? 09/18/13
  • 52. ROMI: What to measure and Tools 1. Online: Referral sites, page views, Ad ROI, Google Analytics (free) 2. E commerce: Google Checkout 3. Email: depends on esp but opens, clicks, hard bounces, soft bounces 4. Twitter use unique bitly links and # 5. Offline: Media by Unique code 6. B2b: tools like Lead Forensics 09/18/1352
  • 53. ACTION PLAN Marketing Tactics  What are you going to do differently?  How are you going to do it?  Who is going to do it?  When will it be done? 09/18/1353
  • 54. KISS 1. Focus 2. What do you do well? 3. What do you NOT do well? 4. Outsource for growth 5. Keep doing it better 09/18/1354
  • 55. Don’t forget to  Say thank you  Tell them what else you do  Ask for testimonials  Offer rewards for referrals  Keep in touch (collect their data!)  Make it personal! 09/18/1355

Editor's Notes

  1. Media access unit
  2. Obama 99 Justin bieber 92
  3. Make colour
  4. Change Trade press to Trade Press & PR and delete PR from the next line
  5. Which one?
  6. Which one?
  7. Which one?
  8. Can we change this picture as looks really corporate- could we use something modern futuristic? Which one?
  9. Can we take out the underlining on the name? Change to completed his apprenticeship
  10. Align the bullet points
  11. He doesnt look like a student Capital M on minimum
  12. Can we use up to date postings? Leave the heart on in. I don’t think the background is right – can we try white?
  13. Can we use up to date postings? Leave the heart on in. I don’t think the background is right – can we try white?
  14. Kate will supply these Still to be suppied