short presentation for queen margaret university 3rd year business students re. online marketing
DESCRIPTION
Presentation designed for a 20 minute presentation for 3rd year students at Queen Margaret University, Edinburgh. Brief was to produce something, short, concise that gave some of the advantages and disadvantages of eCommerce. Combine this with some of the challenges that eCommerce and online marketers face, how you manage these challenges and what the future of online marketing/eCommerce might look likeTRANSCRIPT
BUSINESS DEVELOPMENT& ONLINE MARKETING
WHY AM I SPEAKING TODAY? Apart from the fact Richard asked me?
James Abbott
QMU Graduate 2005 BA Degree Retail Business
2005 – 2010 Business Development for family businessSpecialised in online product design & development
2010 – currentDigital Marketing & Development ManagerPrimarily focused on digital marketing & eCommerce development
A HUME COUNTRY CLOTHING
• Established in 1929
• 3rd Generation family owned & managed business
• Originally a gentlemen's tailors
• Now a lifestyle country clothing retailer
• 2007 eCommerce website launched
• Ambitious & Award winning business
• 2010 Winner of Scottish Borders Business Excellence Awards: Independent retailer of year & growth business of the year
• 2012 Winner of Scottish Border Business Excellence Awards: Retailer & Town Centre Business
• 2012 Winner of The Herald Scottish Family Business Awards: SM Family Business of the Year & SM Fastest Growing Business
WHAT I WANT TO COVER
• The Internet – the positives, the threats
• The challenges that online businesses face
• Ways to manage some of the challenges
• What does the future look like online?
• Some useful sites
THE INTERNET & DOING BUSINESS ONLINE
Some of The Positives
• Always open
• Available anywhere
• Can operate from anywhere
As it grows
• You don’t have to do it all yourself
• Outsourcing
• Staff can work remotely
THE INTERNET & DOING BUSINESS ONLINE
Some of Threats
• Continually changing
• Costly
• Online Trust & Reputation
• Your fate is in the hands of others
SOME OF THE KEY CHALLENGES
• Managing Expectations
• Competition
• Online Trust
• Continually evolving
• Keeping up to date
8 seconds is all you’ve got
MANAGING SOME OF THE KEY CHALLENGES
• Managing Expectations
• Competition
• Online Trust
• Continually evolving
• Keeping up to date
MANAGING SOME OF THE KEY CHALLENGES
• Managing Expectations
• Competition
• Online Trust
• Continually evolving
• Keeping up to date
Different Generations Behave Differently
MANAGING SOME OF THE KEY CHALLENGES
• Managing Expectations
• Competition
• Online Trust
• Continually evolving
• Keeping up to date
• Always Growing
• Ebay
• Amazon
MANAGING SOME OF THE KEY CHALLENGES
• Managing Expectations
• Competition
• Online Trust
• Continually evolving
• Keeping up to date
• People have to have trust the site
• Visual appearance
• Contact methods
• Trust can be helped through recognition
• Trust icons & Customer reviews
MANAGING SOME OF THE KEY CHALLENGES
• Managing Expectations
• Competition
• Online Trust
• Continually evolving
• Keeping up to date
• Largest search engine on the planet
• Become it’s own brand “I’ll just Google it”
• Writes the rules for Search
• Largest driver of PPC (pay-per-click) traffic
But Google is also known for these:
MANAGING SOME OF THE KEY CHALLENGES
• Managing Expectations
• Competition
• Online Trust
• Continually evolving
• Keeping up to date
MANAGING SOME OF THE KEY CHALLENGES
• Managing Expectations
• Competition
• Online Trust
• Continually evolving
• Keeping up to date
Online marketing is heavily impacted by Google so a lot has changed over the last 2 ½ years
• Online marketing is now multi-faceted
• It is about pull (inbound), not push
• It is about the user and their experience
• It is about reputation & trust
• The rise of T-shaped marketing
MANAGING SOME OF THE KEY CHALLENGES
• Managing Expectations
• Competition
• Online Trust
• Continually evolving
• Keeping up to date
• Web design continues to evolve
• What was cutting edge becomes norm
• In 2006 Facebook arrived in the UK
• In 2006 Twitter launched online
• In 2007 the first iPhone was released
• In 2010 the first iPad was released
• In 2010 Pinterest launched Beta
MANAGING SOME OF THE KEY CHALLENGES
• Managing Expectations
• Competition
• Online Trust
• Continually evolving
• Keeping up to date
So website design changes, technology changes so you have adapt & evolve, but how?
• Google Analytics
• Visitor Tracking
• Split Testing
• Focus Groups
• Process of continual evaluation and development
MANAGING SOME OF THE KEY CHALLENGES
• Managing Expectations
• Competition
• Online Trust
• Continually evolving
• Keeping up to date
• Industry Events
• Websites
• Blogs
• eBooks
• Networking
• Social Media
WHAT DOES THE FUTURE LOOK LIKE?
To be honest, nobody knows but it could involve:
• No more desktop computers
• Continued rise in mobile device usage
• Continued development of personalised content
• Live information streaming to your glasses
• Browse the internet whilst your car drives you to work
• Computers scanning you to obtain your measurements
• Using movement to navigate product pages
• Thumbprint scanning for purchase
WHAT DOES THE FUTURE LOOK LIKE?
But here’s what is already commercially possible (the one’s in red not there, yet):
• No more desktop computers
• Continued rise in mobile device usage
• Continued development of personalised content
• Live information streaming to your glasses
• Browse the internet whilst your car drives you to work
• Computers scanning you to obtain your measurements
• Using movement to navigate product pages
• Thumbprint scanning for purchase
SOME USEFUL SITES, COMPANIES & BODIES
Moz
Mashable
Hubspot
Kissmetrics
Smart Insights
eConsultancy
Smashing Magazine
UX Mag
Attacat Brain
I.D.M
C.I.M
Digital Mind Map
THANK YOU & ANY QUESTIONS
And, if you think of any questions later
Twitter: @modernapproach
LinkedIn: jamesmabbott