Reaching to Customers through E-marketing> Detailed: Knowing the Customer(s)> Different Strategies for Reaching to Customers> Quiz 1 (based on Session 4-7)Class Presentation | Session 9 | 14 Sep 2010
Reaching to Customer through E-MarketingKnowing the Customer(s)Introduction to e-Customers – BackgroundCustomers are becoming an important part of the communication mixThey talkback and also “shout” back80% consumers say they wont go back to brand if experienced bad customer service (2008 figure – it was 68% in 2006)Viral power has increased tremendously….Consider:Coke’s Mentos GeyserLay’sGlobally diverse consumers: “internationalization” of campaigns“Think Global”Changed media consumption: internet has a significant shareCustomers sensitive of privacy: Use online surveys with cautionE-Marketing2
Reaching to Customer through E-MarketingKnowing the Customer(s)Introductions to e-Customers – Ideal CustomersThose who buy more…..(?)WRONGThose who give you “time” not money!They pay attentionGive feedbackShare information with othersBecome “partners”And yes….they buy (in whatever quantity)They help/influence ‘others’ buy (or even otherwise)Brand Evangelists rather than just ‘purchasers’A caring consumer manifests a committed customer – long-time engagementE-Marketing3
Reaching to Customer through E-MarketingKnowing the Customer(s)MOTIVATIONSUnderstanding why customers go online and what do they do thereTop 5Finding information about goods/servicesE-mailingServices related to travellingInfo from Public AuthoritiesInternet bankingInternet shoppers hate real shopping?	NO – they just want more info &better dealsRespond to their motivations and offer multipleoptions of finding informationConsider 6Cs:Content | Customization | Community | Convenience | Choice | Cost ReductionE-Marketing4
Reaching to Customer through E-MarketingKnowing the Customer(s)EXPECTATIONSWhat customers are expecting onlineRaised Expectations with higher standards in:ServiceConvenienceDeliveryPricing & ChoicesHow to manage expectationsUnderstanding Expectations (for delivery, service level)Setting and Communicating the service promise (through statements, guarantees)Delivering the Service Promise (by ensuring logistical and backend support)E-Marketing5
Reaching to Customer through E-MarketingKnowing the Customer(s)FEARS AND PHOBIASWhat scares customers onlineCommonly known/realizedIdentity thefts, SCAMS, Credit card lossLack of PrivacyHoaxesLess commonFear of inaccurate or too much informationLoss to our personal lives, family relations etc.Ways to prevent:Clear Privacy StatementsFollow privacy and security guidelines of respective regions/countriesMake privacy a top priorityIndependent/3rd party certifications (Truste, Verisign)Focus on service qualityUse content to explain/help them in their actionsBetter site design to give a better user experienceRemember: Price doesn’t rule the web, trust does!E-Marketing6
Reaching to Customer through E-MarketingKnowing the Customer(s)THE ONLINE BUYING PROCESSDifferent steps in using internet to purchaseSimilar to Five-step model given by Kotler (Marketing Management, 12/ed.)Steps involved in Buying Process (typical):Problem RecognitionInformation SearchEvaluationDecisionAction (Sale)Post-SaleWhat is different nowA compressed process because of ease of internetSupplier search primarily through Comparison sitesCustomer reviews easily available through User Generated ContentBrand is more important because of trustE-Marketing7
Reaching to Customer through E-MarketingKnowing the Customer(s)ONLINE INFORMATION PROCESSINGHow consumer sees it allFive stages of On-site information processingExposureHow is information presentedAttentionWhat keeps the viewer attentiveReview using latest technology – heatmaps is also possibleComprehension and PerceptionHow consumer is understanding and perceiving informationYielding and AcceptanceWhether they accept it or notRetentionA good site design stays in mindE-Marketing8
Reaching to Customer through E-MarketingKnowing the Customer(s)RELATIONSHIPSImportance of making loyal customers onlineRetaining Customers is five times beneficialOnline it can be ten times beneficialRelationships are built on same “ladder of Loyalty” as of marketing:From Suspects to ProspectsFrom Prospects to CustomersFrom Customers to ClientsFrom Clients to AdvocatesHow to do it?First: target “ideal customers”Second: Delight them not satisfy themDell’s Example – Loyalty Drivers for DellOrder FulfillmentProduct PerformancePost Sales Service & SupportE-Marketing9
Reaching to Customer through E-MarketingKnowing the Customer(s)COMMUNITIESHow to use online communitiesOnline Communities are easy to form and can be of several types/origin based on:Purpose (travelers looking for cheap flights, hotels:Holiday Inn)Position (people with diabetics: Accu Check)Interest (Fans of Manchester United: team sponsors - AIG)Profession (Interior designers: Philips)They are ideally a place where people get together and talk about your brandThey are important for building loyaltyE-Marketing10
Different Strategies for Reaching to CustomersOnline Advertising – Key TopicsDifferent forms of Online AdvertisingHow Online Advertising is used in different formatsEffectiveness of Online AdvertisingMetrics related to Online AdvertisingOnline Advertising AgenciesOnline Advertising in PakistanCase Studies from Industry playersAffiliate MarketingE-Marketing11
Different Strategies for Reaching to CustomersEmail Marketing – Key TopicsHow is Email Marketing different from conventional online advertisingKey issues in Email MarketingEmail Marketing’s effectivenessTechnical information related to Email MarketingEmail Marketing in Pakistan – current trendsCase Studies in Email MarketingE-Marketing12
Different Strategies for Reaching to CustomersSearch Engine Marketing – Key TopicsUnderstanding Search EnginesWhat is Search Engine Optimization and Search Engine MarketingKey technicalities of SEO & SEM related to MarketingDifferent ways of doing it (including the unethical practices)Case Studies in Search Engine MarketingE-Marketing13
Different Strategies for Reaching to CustomersSocial Media and Social Media Marketing – Key TopicsUnderstanding Social MediaHow Social Media Marketing is different from Online AdvertisingCost-effectiveness and efficiency in Social Media MarketingDifferent options in Social Media MarketingProblems in Social Media MarketingSocial Media Marketing in PakistanCase Studies in Social Media MarketingE-Marketing14
Online Advertising> Overview of Online Advertising> Formats in Online Advertising> Segmentation and Targeting in Online Advertising> Class discussion on 1 x Case StudyClass Presentation | Session 10 | 17 Sep 2010

Session 9 MG538 E-Marketing - 14 Sep 10

  • 1.
    Reaching to Customersthrough E-marketing> Detailed: Knowing the Customer(s)> Different Strategies for Reaching to Customers> Quiz 1 (based on Session 4-7)Class Presentation | Session 9 | 14 Sep 2010
  • 2.
    Reaching to Customerthrough E-MarketingKnowing the Customer(s)Introduction to e-Customers – BackgroundCustomers are becoming an important part of the communication mixThey talkback and also “shout” back80% consumers say they wont go back to brand if experienced bad customer service (2008 figure – it was 68% in 2006)Viral power has increased tremendously….Consider:Coke’s Mentos GeyserLay’sGlobally diverse consumers: “internationalization” of campaigns“Think Global”Changed media consumption: internet has a significant shareCustomers sensitive of privacy: Use online surveys with cautionE-Marketing2
  • 3.
    Reaching to Customerthrough E-MarketingKnowing the Customer(s)Introductions to e-Customers – Ideal CustomersThose who buy more…..(?)WRONGThose who give you “time” not money!They pay attentionGive feedbackShare information with othersBecome “partners”And yes….they buy (in whatever quantity)They help/influence ‘others’ buy (or even otherwise)Brand Evangelists rather than just ‘purchasers’A caring consumer manifests a committed customer – long-time engagementE-Marketing3
  • 4.
    Reaching to Customerthrough E-MarketingKnowing the Customer(s)MOTIVATIONSUnderstanding why customers go online and what do they do thereTop 5Finding information about goods/servicesE-mailingServices related to travellingInfo from Public AuthoritiesInternet bankingInternet shoppers hate real shopping? NO – they just want more info &better dealsRespond to their motivations and offer multipleoptions of finding informationConsider 6Cs:Content | Customization | Community | Convenience | Choice | Cost ReductionE-Marketing4
  • 5.
    Reaching to Customerthrough E-MarketingKnowing the Customer(s)EXPECTATIONSWhat customers are expecting onlineRaised Expectations with higher standards in:ServiceConvenienceDeliveryPricing & ChoicesHow to manage expectationsUnderstanding Expectations (for delivery, service level)Setting and Communicating the service promise (through statements, guarantees)Delivering the Service Promise (by ensuring logistical and backend support)E-Marketing5
  • 6.
    Reaching to Customerthrough E-MarketingKnowing the Customer(s)FEARS AND PHOBIASWhat scares customers onlineCommonly known/realizedIdentity thefts, SCAMS, Credit card lossLack of PrivacyHoaxesLess commonFear of inaccurate or too much informationLoss to our personal lives, family relations etc.Ways to prevent:Clear Privacy StatementsFollow privacy and security guidelines of respective regions/countriesMake privacy a top priorityIndependent/3rd party certifications (Truste, Verisign)Focus on service qualityUse content to explain/help them in their actionsBetter site design to give a better user experienceRemember: Price doesn’t rule the web, trust does!E-Marketing6
  • 7.
    Reaching to Customerthrough E-MarketingKnowing the Customer(s)THE ONLINE BUYING PROCESSDifferent steps in using internet to purchaseSimilar to Five-step model given by Kotler (Marketing Management, 12/ed.)Steps involved in Buying Process (typical):Problem RecognitionInformation SearchEvaluationDecisionAction (Sale)Post-SaleWhat is different nowA compressed process because of ease of internetSupplier search primarily through Comparison sitesCustomer reviews easily available through User Generated ContentBrand is more important because of trustE-Marketing7
  • 8.
    Reaching to Customerthrough E-MarketingKnowing the Customer(s)ONLINE INFORMATION PROCESSINGHow consumer sees it allFive stages of On-site information processingExposureHow is information presentedAttentionWhat keeps the viewer attentiveReview using latest technology – heatmaps is also possibleComprehension and PerceptionHow consumer is understanding and perceiving informationYielding and AcceptanceWhether they accept it or notRetentionA good site design stays in mindE-Marketing8
  • 9.
    Reaching to Customerthrough E-MarketingKnowing the Customer(s)RELATIONSHIPSImportance of making loyal customers onlineRetaining Customers is five times beneficialOnline it can be ten times beneficialRelationships are built on same “ladder of Loyalty” as of marketing:From Suspects to ProspectsFrom Prospects to CustomersFrom Customers to ClientsFrom Clients to AdvocatesHow to do it?First: target “ideal customers”Second: Delight them not satisfy themDell’s Example – Loyalty Drivers for DellOrder FulfillmentProduct PerformancePost Sales Service & SupportE-Marketing9
  • 10.
    Reaching to Customerthrough E-MarketingKnowing the Customer(s)COMMUNITIESHow to use online communitiesOnline Communities are easy to form and can be of several types/origin based on:Purpose (travelers looking for cheap flights, hotels:Holiday Inn)Position (people with diabetics: Accu Check)Interest (Fans of Manchester United: team sponsors - AIG)Profession (Interior designers: Philips)They are ideally a place where people get together and talk about your brandThey are important for building loyaltyE-Marketing10
  • 11.
    Different Strategies forReaching to CustomersOnline Advertising – Key TopicsDifferent forms of Online AdvertisingHow Online Advertising is used in different formatsEffectiveness of Online AdvertisingMetrics related to Online AdvertisingOnline Advertising AgenciesOnline Advertising in PakistanCase Studies from Industry playersAffiliate MarketingE-Marketing11
  • 12.
    Different Strategies forReaching to CustomersEmail Marketing – Key TopicsHow is Email Marketing different from conventional online advertisingKey issues in Email MarketingEmail Marketing’s effectivenessTechnical information related to Email MarketingEmail Marketing in Pakistan – current trendsCase Studies in Email MarketingE-Marketing12
  • 13.
    Different Strategies forReaching to CustomersSearch Engine Marketing – Key TopicsUnderstanding Search EnginesWhat is Search Engine Optimization and Search Engine MarketingKey technicalities of SEO & SEM related to MarketingDifferent ways of doing it (including the unethical practices)Case Studies in Search Engine MarketingE-Marketing13
  • 14.
    Different Strategies forReaching to CustomersSocial Media and Social Media Marketing – Key TopicsUnderstanding Social MediaHow Social Media Marketing is different from Online AdvertisingCost-effectiveness and efficiency in Social Media MarketingDifferent options in Social Media MarketingProblems in Social Media MarketingSocial Media Marketing in PakistanCase Studies in Social Media MarketingE-Marketing14
  • 15.
    Online Advertising> Overviewof Online Advertising> Formats in Online Advertising> Segmentation and Targeting in Online Advertising> Class discussion on 1 x Case StudyClass Presentation | Session 10 | 17 Sep 2010