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Embracing transparency in marketing OPEN UP! IAB Leadership Forum User-Generated Content & Social Networking June 4, 2004 Stephen DiMarco Chief Marketing Officer [email_address]
All in 45 minutes… ,[object Object],[object Object],[object Object],[object Object]
 
Significantly more transparent Significantly less transparent Neutral Compared to other companies in your market, how transparent are you in dealing with your customers, employees and/or partners? 1 2 3 4 5
Significantly more transparent Significantly less transparent Neutral Compared to other companies in your market, how transparent are you in dealing with your customers, employees and/or partners? 1 2 3 4 5 1’s  and  2’s  raise your hands
In the next 90 days 1’s and 2’s, how long will it take for you to be considered “more transparent” than half the companies in your market? Before the end of this year Before the end of next year The internal debate rages on It will never, ever happen
In the next 90 days 1’s and 2’s, how long will it take for you to be considered “more transparent” than half the companies in your market? Before the end of this year Before the end of next year The internal debate rages on It will never, ever happen keep your hands up
So, how long it will take customers to find out something  you don’t want them to know ?
Transparency is more than just a buzzword
Consumers: why do you engage in social networking? Meet people Be entertained Learn something Influence others 78%   join to communicate with existing colleagues or develop new acquaintances 47%   join in order to find entertaining content such as photos, music or videos 38%   join to get information from other people about topics that hold particular interest to them 23%   join to express their opinions in a forum where their ideas can be discussed or acted upon
How much  control  should I maintain over CGC? How much CGC  exposure  should I seek to create among target consumers? Mini-Sites, Promotions, & Events Integration Into Your eCommerce Platform Brand Management on Third Party Sites CGC  starting point Marketers: how can you balance exposure and control?
A tale of two consumer-generated ad campaigns ,[object Object],Don’t ~ 500,000 visits < 50,000 visits
Consumer-generated versus professionally edited content ,[object Object],[object Object]
Digg cedes editorial control to readers… ,[object Object],The Growth of Digg.com Unique Visitors and Page Views per Unique Visitors from March 2006 through March 2007
…  but then stopped, suffered and gave it back again…. ,[object Object],[object Object]
Sheraton re-launched its site as a social platform ,[object Object],[object Object]
More consumer content and a higher conversion rate ,[object Object],[object Object],Sheraton Online Conversion Performance (% of Sheraton site visitors reaching each step of the hotel booking process)
February 14 th  – nightmare or opportunity for JetBlue? ,[object Object],[object Object],Consumer Sentiment following JetBlue’s February operational issues (Impact on travelers’ likelihood to fly JetBlue in the future)
JetBlue used a Customer Bill of Rights to win confidence
JetBlue’s engagement and booking have recovered  ,[object Object],[object Object],JetBlue Online Booking Funnel Share of JetBlue.com visitors searching, selecting, and booking flights, January through March 2007  J-07  F-07  M-07 J-07  F-07  M-07 J-07  F-07  M-07
Does behavioral targeting really benefit consumers? ,[object Object]
But when its linked to  real value , consumers love it ,[object Object],[object Object],[object Object],[object Object]
Compete is making web analytics more transparent ,[object Object]
Opening up our metrics to anyone who wants to know more  ,[object Object]
The more we’re transparent, the more we grow
Are you ready for more transparency?
Bringing it all together in a neat package ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Upromise Sheraton, Compete Digg, JetBlue Digg, Yelp Yelp Doritos, Chevy

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Compete Iab Presentation On Transparency (04 June2007)

  • 1. Embracing transparency in marketing OPEN UP! IAB Leadership Forum User-Generated Content & Social Networking June 4, 2004 Stephen DiMarco Chief Marketing Officer [email_address]
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  • 4. Significantly more transparent Significantly less transparent Neutral Compared to other companies in your market, how transparent are you in dealing with your customers, employees and/or partners? 1 2 3 4 5
  • 5. Significantly more transparent Significantly less transparent Neutral Compared to other companies in your market, how transparent are you in dealing with your customers, employees and/or partners? 1 2 3 4 5 1’s and 2’s raise your hands
  • 6. In the next 90 days 1’s and 2’s, how long will it take for you to be considered “more transparent” than half the companies in your market? Before the end of this year Before the end of next year The internal debate rages on It will never, ever happen
  • 7. In the next 90 days 1’s and 2’s, how long will it take for you to be considered “more transparent” than half the companies in your market? Before the end of this year Before the end of next year The internal debate rages on It will never, ever happen keep your hands up
  • 8. So, how long it will take customers to find out something you don’t want them to know ?
  • 9. Transparency is more than just a buzzword
  • 10. Consumers: why do you engage in social networking? Meet people Be entertained Learn something Influence others 78% join to communicate with existing colleagues or develop new acquaintances 47% join in order to find entertaining content such as photos, music or videos 38% join to get information from other people about topics that hold particular interest to them 23% join to express their opinions in a forum where their ideas can be discussed or acted upon
  • 11. How much control should I maintain over CGC? How much CGC exposure should I seek to create among target consumers? Mini-Sites, Promotions, & Events Integration Into Your eCommerce Platform Brand Management on Third Party Sites CGC starting point Marketers: how can you balance exposure and control?
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  • 19. JetBlue used a Customer Bill of Rights to win confidence
  • 20.
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  • 25. The more we’re transparent, the more we grow
  • 26. Are you ready for more transparency?
  • 27.

Editor's Notes

  1. Welcome – morning – Pacific time joke Compete intro – who I am