digital marketing for startups (@boost turku)

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Digital marketing Startup perspective Joni Salminen [email protected] 7.7.2014

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Digital marketing for startups - a presentation at Boost Turku Entrepreneurship Society, 7.7.2014.

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Page 1: Digital Marketing for Startups (@Boost Turku)

Digital  marketing  Startup perspective

Joni Salminen [email protected] 7.7.2014

Page 2: Digital Marketing for Startups (@Boost Turku)

Contents  1.  SEO 2.   AdWords 3.   Facebook 4.   Content marketing

a.  Definition b.  The good and bad c.  How to use it in a startup? d.  How to start? e.  Metrics f.  Tools & where to learn more?

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Page 3: Digital Marketing for Startups (@Boost Turku)

SEO  (search  engine  optimization)   Definition: Creating content, links, and social signals to rank better in search engines (Google) for selected terms which are deemed important for the business. Example: ElämysLahjat.fi

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Page 4: Digital Marketing for Startups (@Boost Turku)

The  Good  and  Bad  Good Bad

Pretty much every website needs to know this

Results take time to show

Free traffic from Google It’s not ”free”; it takes time, 3-6 months

Results can last long Vulnerability to Google’s algorithm changes

Doesn’t work when people are not looking for products in your category

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Page 5: Digital Marketing for Startups (@Boost Turku)

How  to  use  it  in  a  startup?  Rank better for relevant terms, when people are looking for a solution in your product category.

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Page 6: Digital Marketing for Startups (@Boost Turku)

How  to  start?  1.  Do keyword research 2.  Map who rank the best, think of ways to

cooperate for links 3.  Make sure all content is original and fresh 4.  Hire a good SEO guy (but be beware of

blackhat!).

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Page 7: Digital Marketing for Startups (@Boost Turku)

Metrics  O Growth of organic traffic O Links (PageRank profile) O Indexed content pages O Duration of visits, bounce O Page load time.

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Page 8: Digital Marketing for Startups (@Boost Turku)

Tools  O Tools:

O AWR Cloud O Google Webmaster Tools O Screaming Frog SEO Spider O Google PageSpeed Insights O Google Analytics.

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Page 9: Digital Marketing for Startups (@Boost Turku)

AdWords  Definition: Paid text ads in Google. Example: Lelut.fi, Netrauta.fi

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Page 10: Digital Marketing for Startups (@Boost Turku)

The  Good  and  Bad  Bad Good

As soon as you stop paying, you stop showing

The results are instant

Competitors tend to push up prices every year (bid wars)

Only pay for clicks

Interest at a given point is naturally limited; restricts scaling

Total control over keywords: which ones & how much

When people are not searching for your category…

Quality can counter money (Quality Score)

It’s always on

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Page 11: Digital Marketing for Startups (@Boost Turku)

How  to  use  it  in  a  startup?  Rank better for relevant terms, when people are looking for a solution in your product category.

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Page 12: Digital Marketing for Startups (@Boost Turku)

How  to  start?  1.  Learn the basics of A/B-testing 2.  Get some money to test paid ads 3.  Learn short copy 4.  Read Google’s help for AdWords Certificate

(and get the certificate ;) 5.  Get a good designer for GDN (display &

retargeting).

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Page 13: Digital Marketing for Startups (@Boost Turku)

Metrics  O CPC = cost per click O CTR = click-through rate O CVR = conversion rate O CPA = cost per action (usually sales) O QS = quality score.

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Page 14: Digital Marketing for Startups (@Boost Turku)

Tools  O Tools:

O AdWords Editor O Übersuggest O Keyword Planner O Google Analytics.

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Page 15: Digital Marketing for Startups (@Boost Turku)

Facebook  Marketing  Definition: Using Facebook to reach potential customers via organic and paid means. Example: BodyBuilding.com

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Page 16: Digital Marketing for Startups (@Boost Turku)

The  Good  and  Bad  Good Bad

Pay only for clicks/impressions

Social mode is not as strong for conversion as search mode

Superior demographic targeting

Fake clicks, bots, and Banglaheshi

True Superplatform; reach 1Bn people in 100 countries!

Constant reduction of organic reach makes you want to look for other social platforms

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Page 17: Digital Marketing for Startups (@Boost Turku)

How  to  use  it  in  a  startup?  

O Testing value propositions O Interaction (surveys, qualitative research) O Building international following O Sales? (30/70 rule)

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Page 18: Digital Marketing for Startups (@Boost Turku)

How  to  start?  1.  Learn A/B-testing methodology 2.  Get some money to run tests on paid ads 3.  Focus on finding out if you can get 1) any

conversions at all, and 2) how well would it scale if somebody gave you 1000x more money

4.  …also, learn about newsfeed optimization.

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Page 19: Digital Marketing for Startups (@Boost Turku)

Metrics  Metrics:

O Likes O Shares O Comments O Frequency of posting O Engagement ratio (!)

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Page 20: Digital Marketing for Startups (@Boost Turku)

Tools  O Tools:

O Facebook Power Editor O Qwaya O Smartly.io O Rapportive (for networking) O Buffer (for sharing).

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Page 21: Digital Marketing for Startups (@Boost Turku)

Content  Marketing  Definition: Creation of content, such as text, videos, pictures, infographs and slideshows in order to communicate expertise in a given field or industry, and to generate business leads. Example: Mint.com

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Page 22: Digital Marketing for Startups (@Boost Turku)

The  Good  and  Bad  Good Bad

If results comes, they can last a long long time (opinion leader)

Expensive, because it takes so much time (remember, your time is not free!)

It’s easy to start if you know about the topic

Showing direct ROI is difficult

Potential for crowdsourcing (Freelancer.com, Fiverr.com)

Getting results takes time; 1-2 years

Requires true passion, knowledge, and consistency (if you dropped college because writing thesis was too hard, forget about this) 22

Page 23: Digital Marketing for Startups (@Boost Turku)

How  to  use  it  in  a  startup?  O Become a thought-leader in your field O Make buzz in social media (remember,

effects carry over to SEO) O Generate leads by giving people something in

exchange for email addresses (and then follow-up with a proper lifetime marketing approach).

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Page 24: Digital Marketing for Startups (@Boost Turku)

How  to  start?  1.  Think if you want to start; content marketing is

parallel to turning into a publishing house; it works for ~1% of startups

2.  If you do want, subscribe to Colibri.io, start tracking relevant industry terms and be ready to comment in relevant discussions e.g. in Quora and Twitter

3.  Join every possible LinkedIn and Facebook group in your field

4.  Create a content calendar and stick to it 5.  Every time you create content, post it to the

aforementioned LinkedIn and Facebook groups 6.  Also curate other industry players’ content and

share it in your social media profiles

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Page 25: Digital Marketing for Startups (@Boost Turku)

Metrics  O Number of generated leads (#) O Value of those leads (€) O Content-specific metrics (shares, likes,

inbound links…).

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Page 26: Digital Marketing for Startups (@Boost Turku)

Tools  O Tools:

O Fiverr.com (for content production) O Colibri.io O gDocs (for content calendar) O Google Analytics.

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Page 27: Digital Marketing for Startups (@Boost Turku)

Startup  Metrics  O CAC = customer acquisition cost O CLV = customer lifetime value

O (Revenue per month x Avg. Lifetime)

O AARRR (Dave McClure) O Acquisition O Activation O Revenue O Referral O Retention.

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Page 28: Digital Marketing for Startups (@Boost Turku)

Innovative  approaches…  O Crowdfunding

O Kickstarter O IndieGoGo

O Growth hacking O (search in Quora)

O App Store Optimization (ASO) O (Google this)

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Page 29: Digital Marketing for Startups (@Boost Turku)

Where  to  learn  more?  O AdWords

O PPC Hero O Search Engine Land

O Facebook O Jon Loomer O Fiercer Media (Marko Pyhäjärvi)

O SEO O MOZ blog O Matt Cutts

O Content marketing O Buffer Blog O Content Marketing Institute

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Page 30: Digital Marketing for Startups (@Boost Turku)

Thanks!  

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