how to develop an integrated marketing strategy

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How to Develop an Integrated Marketing Strategy Michael Hsu [email protected]

Post on 12-Sep-2014

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A brief overview of the importance of integrated marketing and how to go about it, including its relationship to content marketing and new online advertising capabilities.

TRANSCRIPT

Page 1: How to Develop an Integrated Marketing Strategy

How to Develop an Integrated Marketing Strategy

Michael [email protected]

Page 2: How to Develop an Integrated Marketing Strategy

Webinar Agenda

• Why is Integrated Marketing Important?

• The Rise of Content Marketing

• Online Advertising

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Page 3: How to Develop an Integrated Marketing Strategy

Who is Rapleaf?

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NASCAR Fan

FoodNetwork Fan

Ilikecats

Quick Facts• Insight into over 400 million people• Advertising reaches 75+ million users

online

A marketing services startup that helps top companies:1. Personalize customer

interactions through deeper insight

2. Reach their target audience across the web with better advertising

Page 4: How to Develop an Integrated Marketing Strategy

The Need for Integrated Marketing

Industry trends:

• More and more forms of communication

• More competition for people’s attention

• A consumer-focused and customer-controlled environment

• People buying 24/7

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Page 5: How to Develop an Integrated Marketing Strategy

The Need for Integrated Marketing

Your customers are everywhere

Blogs, news

Social media

Video sites

Email

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Real-world stores

Podcastsand eBooks

Page 6: How to Develop an Integrated Marketing Strategy

Yourmessage

The Need for Integrated Marketing

Keep communication consistent

Video sites

Email

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Real-world stores

Podcastsand eBooks

Social media

Blogs, news

Page 7: How to Develop an Integrated Marketing Strategy

Integrated Marketing in 4 Steps

1. Stay customer-centric

2. Analyze customers for insights

3. Create a strategy and message to reach customers effectively and grow relationships

4. Measure results and repeat7

Page 8: How to Develop an Integrated Marketing Strategy

Where does it all start?

Your customer database.

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Page 9: How to Develop an Integrated Marketing Strategy

Your Customer Database

What you already know:

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• Demographics• Purchase history,

products of interest• How long they have

been customers• Coupons, promos• Customer service

issues

Page 10: How to Develop an Integrated Marketing Strategy

Your Customer Database

What you may not know:

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• Influence• Income, other

household information

• Interests, hobbies, and lifestyles

• In-market data

(3rd party firms can help)

Page 11: How to Develop an Integrated Marketing Strategy

The Rise of Content Marketing

“Content Marketing is the only marketing that’s left.” –Seth Godin

You should:• Be honest• Teach them• Be topical

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Page 12: How to Develop an Integrated Marketing Strategy

The Rise of Content Marketing

Why is content important?

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• Engages customers

• Helps your “steer” buzz

• Builds trust

• Boosts search and SEO

Page 13: How to Develop an Integrated Marketing Strategy

The Rise of Content Marketing

What should be created and shared?

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Share often:• Creative, funny videos• Studies and research• Tips and advice• Contests

Share less often:• Free demos• Product-specific info

Page 14: How to Develop an Integrated Marketing Strategy

The Rise of Content Marketing

Email is still king

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Page 15: How to Develop an Integrated Marketing Strategy

• Content sharing and personal interactions• Customer support• General promos, info

• Loyalty and retention programs • Special promos and offers• Important alerts

The Rise of Content Marketing

Main Use Cases

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Email Social media

Other communication

Page 16: How to Develop an Integrated Marketing Strategy

The Rise of Content Marketing

1. Customer database• Size• Response rates• Churn rate and purchase cycle• Performance of various segments

2. Revenues• Repeat vs. new sales• Popular products• Customer personas buying different products• Sales per contacted customer

6 Key Metrics

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Page 17: How to Develop an Integrated Marketing Strategy

The Rise of Content Marketing

3. Expenses• Retention costs per customer• Communication / outreach costs

4. Total Customer Value• Lifetime measure of purchases

and costs

5. Feedback• Buzz across social media and

other forums

6 Key Metrics

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Page 18: How to Develop an Integrated Marketing Strategy

The Rise of Content Marketing

6. Total Referral Value / Influence• Introduction to your

customers’ friends• Build an internal “Influence

Score” for customers:• Online influence• Referrals• Purchase history

6 Key Metrics

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Page 19: How to Develop an Integrated Marketing Strategy

Advertising: Within Social Media

• Facebook – Very granular by demographics, education, interests, and even social graph

• LinkedIn – Vary by company size, job title, industry, and demographics

• Twitter – “Promoted Tweets” soon

• YouTube – “Promoted Videos” and contextual ads from Google

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Page 20: How to Develop an Integrated Marketing Strategy

Advertising: Across the Web

• General demographics -- by gender, age, location, occupation

• Visitors who leave your site (Retargeting)

• In-market users – people looking to buy travel, cars, food, home goods

• Friends of customers

• Real-world/offline customers – household info, voter history, lifestyles and interests

“Buying Audiences” vs “Buying Content”

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Page 21: How to Develop an Integrated Marketing Strategy

Video

Podcastsand eBooks

Social media

Integrated Marketing Summary

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4 Basic Steps1. Stay customer-centric2. Gain customer insights3. Create marketing

communication strategy4. Measure and repeat

Blogs

Creating Content

Advertising

Email

Contests

Social mediaRetargeting

Demo-graphics

In-market

Social graph

Real world

Page 22: How to Develop an Integrated Marketing Strategy

Thank you! Questions?

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Michael Hsu (@mhsu)[email protected]

Rapleaf (@rapleaf)667 Mission St, FL 4San Francisco, CA [email protected]