yes 2016 digital marketing workshop
TRANSCRIPT
Hello!I am Kevin Ng
◎ Ran 7 businesses in mostly IT fields
◎ World Top Six Student Entrepreneurs (2015 GSEA World Finals)
◎ CAPM & Six Sigma Greenbelt Certified
◎ 4-5 years of sales awards and experience
“Digital marketing is an umbrella term for
the marketing of products or services using digital technologies, on the internet,
mobile phones, display advertising, and any other digital medium.
~ Wikipedia
What is Marketing?
◎Advertising?◎Branding?◎Spamming your customers?◎Capturing more market share?◎Getting more people to buy more?
What do you guys think Marketing is?
Traditional◎ Communication
between business & its customers
◎ Getting more customers & getting them to buy more
Perspectives on Marketing
Modern◎ Process embedded in
all aspects of a business
◎ Knowing the customer & meeting their needs
Basics of Marketing
SegmentationIs splitting up your target market into distinct groups
TargetingIs selecting the most suitable group for your business
PositioningIs making sure your business satisfies the needs of your target segment
STP Exercise!
Assume you have set up a fashion blogshop:
◎Who are your possible customers groups?
◎Who will be your target segment? Why?
◎What image/position are you taking? Why?
Female ◎ Office Ladies: age 25 –
35, office wear, classy & branded (?)
◎ Teenagers: age 14 – 18, affordable & unique
STP Exercise: Segmentation Examples
Male◎ Comfort-seeker:
values comfort over appearance
Target Segment◎ Office Ladies: age 25 –
35, office wear, classy & branded (?)
◎ Teenagers: age 14 – 18, affordable & unique
STP Exercise: Positioning
Position◎ Prestige branding:
Quality & Fashionable
◎ Affordable & cute/chic/unique
4 Ps of Marketing
1. FB Ads2. Youtube
Channel3. Instagram
QualityWomenFashion
+15 Day
Return Policy
Online Blogshop
+Delivery
Premium Pricing
+Pre-order Discounts
Digital Marketing Channels
◎Digital◎Adverts?◎Spam?◎Cheap?
Exercise (5 mins):What are some channels you can think of?
Traditional◎ Mail
◎ Outdoor Advertising
◎ TV Advertising
◎ Newspaper
◎ Info Pamphlets
Marketing Channels
Digital◎ E-mail
◎ Display Adverts
◎ Youtube Ads
◎ Influencers
◎ Content
Channels Overview (I)
ContentHelps you build your brand, help your customers and draw in potential clients.
Search EngineIs targeting customers at their point of need.
InfluencersAre your best partners if you choose the right ones.
EmailIs the spam tactic of the 21st Century… But it still works.
ViralIs all start-ups say they are but in reality most are one-hit wonders.
SEOIs making it easy for people to find you on Google.
Channels Overview (II)
Social & Display AdGood for driving traffic & new impressions
ToolsIncreases recurring visits for usage of tools
AffiliatesDrives new traffic which is more likely to convert if affiliates are closely related
Existing PlatformsLeverage on existing customer base of marketplaces/platforms
CommunityLong-term brand building and brand advocates which builds your word-of-mouth
Public RelationsCost-effective alternative to traditional advertising, wide reach and increases brand awareness
Content Marketing
Providing free content to:
1. Draw in potential customers
2. Demonstrate expertise
3. Delight customers
Existing Platforms
Marketplaces aggregating buyers and sellers◎ Amazon◎ Google App Store◎ ThunderQuote
Search Engine Optimization
Google evaluates◎ Relevancy to
keywords◎ Reputation of page
(Inbound links)◎ Searchability
(Sitemap & Structure)
Bullseye Framework
1. Brainstorm2. Rank
- A: Promising, B: Potential, C: Long-shot
3. Prioritize - Select 3 from A
4. Test - Cost/Customer, No. of Customers
5. Focusing - Optimize most efficient channel
Execution
◎Test channels & develop product concurrently
◎50% Rule: Product & Traction◎Moving The Needle: Focus on channels
with measurable significant impact◎Channels’ effectiveness change over
business lifetime due to◎1. Saturation ◎2. Growth of Business
Keeping on Track
◎Planning: Purpose, Goals, Budget◎Marketing Schedule◎Recording Data◎Milestones & Checks
Tracking progress is crucial!
Learning & Optimizing
◎Tracking!◎A|B Testing◎Gathering Feedback (Unbiased)
Tracking is crucial to learning as only with data, you can find out what exactly made your campaign a success and learn from it.
Helpful Tools
◎Google Analytics◎FB Advert Manager◎Google Sheets/Excel◎Slack ◎ThunderQuote ◎https://blog.bufferapp.com/free-marketin
g-tools for more free tools
Review & Summary
STPKnow yourself and know your customers to win the market.
4PsProduct, Promotion, Place, Pricing
Digital ChannelsReaches more people cheaper than ever, but consumers are also more selective and desensitized.
TestingUsing Bulls-eye Framework helps you quickly determine what works.
ExecutionIs about focusing on the few proven channels and testing new channels for when old ones dry up.
TrackingIs the most crucial, as the best campaign is only a one-off if you do not know what led to it.
Thanks!Any questions?
Contact me at:[email protected]
www.thunderquote.com for marketing services (Design, Printing, Advertising, etc.)
All the vendors you need at your fingertips