enhancing promotional strategies: use of web 2.0 social media
DESCRIPTION
A presentation on the research paper 'Enhancing Promotional Strategies Within Social Marketing Programs: Use of Web 2.0 Social Media’ by Rosemary Thackeray (PhD, MPH), Brad L. Neiger (PhD, CHES), Carl L. Hanson (PhD, CHES) and James F. McKenzie (PhD, MPH, CHES) that was publishes by SAGE on behalf of the Society for Public Health Education.TRANSCRIPT
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ENHANCING PROMOTIONAL STRATEGIESUse of Web 2.0 Social Media
-Chhavi Vatwani
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INTRODUCTION
How Web 2.0 holds promise to significantly enhance promotional efforts.
How to incorporate Web 2.0 social media into promotional strategy.
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MARKETING
3 Purposes for Promotion (Kotler & Keller, 2007)- To increase product awareness- To persuade people to purchase the product- To remind people that the product exists
Planners make Strategic Decisions about the Marketing Mix (4Ps):- Product -Price- Place - Promote
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Traditional Forms of Marketing: Billboards, Commercials on TV, radio.
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Former Internet Marketing Tactics: Banner Advertisements Sponsorships Pop-ups and –unders Links Paid Searches
Web 1.0 One-way communication Lecturing
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Modern Forms of Marketing: Web 2.0 Second generation internet-based applications Users control communication Engages customers via
- Collaborative Writing (WIKI)- Content Sharing (images, videos)- Social Networking (Facebook)- Social Bookmarking (ratings, followers)- Syndication (RSS feeds)
Two-way communication Inclusion of user-generated content + distribution Collective Intelligence
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SOCIAL MEDIA TRENDS MORE AMONG YOUNGER PEOPLE
2006-07: 45% increase in visits, video sharing site (Rainie, 2007)
2007: 120,000 new blogs created every day (Technorati, Sifry, 2007)
2004-06: 9% increase in number of teens reported blogging (Lenhart, Madden, Macgill & Smith, 2007)
2006: 38% teens reported reading blogs where only 27% adults did the same (Lenhart & Fox, 2006)
Web 2.0 has potential to transform social marketing promotion.
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SHARPIE ENGAGING WITH TEENS
July 2012: 1 million teens (12-17) visited Instagram
93% of social-media using teens have Facebook account (Pew Internet Research)
32% use Twitter
Sharpie garnered 89% market share (Gained 5 share points) in 2012.
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Organization: Sharpie Campaign: Back to School Social Media Handles & Stats:
Facebook: 4 million + likes Twitter: 227,463 followers Youtube: 2,556 subscribers; 1,552,568 video views Instagram: 49,966 followers Pinterest: 6,669 followers
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WHY WEB 2.0 SOCIAL MEDIA HOLDS SUCH POTENTIAL?
Direct Engagement with Consumers Boost in Viral Marketing
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DIRECT ENGAGEMENT WITH CUSTOMERS
Paradigm: Customer is creator Increase buy-in, loyalty More likely to talk about product with friends Eg. During 2007 Super Bowl, 30 sec spot for
Doritos produced in just a few days for less than $13 was an instant hit.
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BOOST IN VIRAL MARKETING
Facilitates + encourages people to pass marketing message
E.g. Georgetown Cupcake after being open for aprox. 2 weeks, was selling 800 cupcakes a day at $2.75 each. No advertising. Heard on blogs and other websites. (2008)
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Social Media does not always work
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INCORPORATING WEB 2.0 SOCIAL MEDIA INTO SOCIAL MARKETING PROMOTIONAL PLANS
Key questions: - Audience preferences? Their
demographics, lifestyle and motivation to use social media
- Related costs? Timeframe (short/long term budget), type of Web 2.0 SM apps to be used, internal resources available (h/w, s/w, people), resources for market research.
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CREATIVE
E.g. use of Web 2.0 SM altruistically as community service or volunteerism.
Perceived costs among participants related to time, money, energy – less problematic!
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SUMMARY
Web 2.0 SM helps in enhancing promotional strategies by:
- allowing direct engagement with customers
- boosting viral marketing Incorporating Web 2.0 SM considering
- audience preferences- related costs
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EG. OF ENGAGEMENT WITH CUSTOMERS