e-marketing lecture 10 monday 27 april 2009. ab associates the plan e-marketing news e-marketing...

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e-Marketing Lecture 10 Monday 27 April 2009

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Page 1: E-Marketing Lecture 10 Monday 27 April 2009. AB Associates The Plan e-Marketing News e-Marketing Plan

e-Marketing

Lecture 10

Monday 27 April 2009

Page 2: E-Marketing Lecture 10 Monday 27 April 2009. AB Associates The Plan e-Marketing News e-Marketing Plan

AB Associates

The Plan

e-Marketing News e-Marketing Plan

Page 3: E-Marketing Lecture 10 Monday 27 April 2009. AB Associates The Plan e-Marketing News e-Marketing Plan

AB Associates

e-Marketing News

e-Commerce Exposition 2 June 2009 Google University

e-commerce North (2009)

Page 4: E-Marketing Lecture 10 Monday 27 April 2009. AB Associates The Plan e-Marketing News e-Marketing Plan

AB Associates

e-Marketing Plan

Situation analysis

Objectives

Strategy

Tactics

Control

Actions

SOSTAC (Smith, 1999)

Page 5: E-Marketing Lecture 10 Monday 27 April 2009. AB Associates The Plan e-Marketing News e-Marketing Plan

AB Associates

Positioning Strategies 1

Porter’s competitive strategies:

Porter (1984)

Can you remember any of Porter’s strategies?

Page 6: E-Marketing Lecture 10 Monday 27 April 2009. AB Associates The Plan e-Marketing News e-Marketing Plan

AB Associates

Positioning Strategies 2

Achieve excellence in following areas:Product performancePrice performance TransactionalRelationship

Chaston (2000)

Page 7: E-Marketing Lecture 10 Monday 27 April 2009. AB Associates The Plan e-Marketing News e-Marketing Plan

AB Associates

Positioning Strategies 3

Leadership in following areas:TechnologyServiceMarketBrand

Plant (2000)

Page 8: E-Marketing Lecture 10 Monday 27 April 2009. AB Associates The Plan e-Marketing News e-Marketing Plan

AB Associates

Developing strategy

Ask following 5 questions:Who are our customers?How are their needs changing?Which do we target?How can we add value?How do we become first choice?

Page 9: E-Marketing Lecture 10 Monday 27 April 2009. AB Associates The Plan e-Marketing News e-Marketing Plan

AB Associates

Start-up mistakes

Situation analysis Objective setting Strategy definition Implementation

Chaffey (2007)

Page 10: E-Marketing Lecture 10 Monday 27 April 2009. AB Associates The Plan e-Marketing News e-Marketing Plan

AB Associates

Target Marketing

Community Content Context Demographics/Psychographic Online Behaviour

O’Brien & Marakas (2008

Page 11: E-Marketing Lecture 10 Monday 27 April 2009. AB Associates The Plan e-Marketing News e-Marketing Plan

AB Associates

Target Marketing Stages

Segmentation

Target marketing

Positioning

Planning

Informed by

Market analysis

Demand analysis

Competitor analysise.g. Benchmarking

Evaluation of resources

Informed by

Market segment definition

Target marketsOnline revenue contribution for each segment

Online value propositionOnline marketing mix

Online marketing mixRestructuring

Page 12: E-Marketing Lecture 10 Monday 27 April 2009. AB Associates The Plan e-Marketing News e-Marketing Plan

AB Associates

Online Value Proposition1. Focus on people – their lives, their work, their dreams.

2. Every millisecond counts.

3. Simplicity is powerful.

4. Engage beginners and attract experts.

5. Dare to innovate.

6. Design for the world.

7. Plan for today's and tomorrow's business.

8. Delight the eye without distracting the mind.

9. Be worthy of people's trust.

10. Add a human touch.

Google (2009)

Page 13: E-Marketing Lecture 10 Monday 27 April 2009. AB Associates The Plan e-Marketing News e-Marketing Plan

AB Associates

Competitor Benchmarking

What is Benchmarking? Competitor Benchmarking activity

Choose company Decide who competitors areUse your criteria to evaluate your

chosen company in comparison with competitors