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Building Your Marketing Strategy



                                              Things To Think About



Bringing The Magic

Marketing Plan
Janice Burney
VP Marketing
JBurney@WebNoggins.com
415.309.4845
www.linkedin.com/in/janiceburney

Twitter:
@JaniceBurney
@WebNogginsLLC

Foursquare: https://foursquare.com/enoggeggbert
Marketing Essentials – Branding



                •   Develop customer intimacy

                •   Understand individuals as well as markets

                •   Focus on relationships not just transactions

                •   Develop a clear corporate character

                •   Develop meaningful ROI – measure marketing's contribution

                •   Understand and deliver value to empowered customers

                •   Read and position – future trends

                •   Determine messaging strategy
Marketing Elements


            Phased Approach
Execution
Deliver Results                                                       Branding
                  Strategy
                  Grow Business –                                 20K Corporate - Paying
                  Marketing Plan

                                      Tactical
                                    Smart Sheets
                                                                 100K Users - Paying
                                    Tackling & blocking




                      Nothing Happens Until Something Moves
                                              -Albert Einstein
Marketing Strategic Goals
   Marketing that shows respect

   One message does not fit all

   Demonstrate respect for clients time

   Ensure brand tells the truth

   Engage and involve clients in brand

   Cooperate not compete (perception)

   Provide valuable information and solutions

   Develop warm touch points
Decision Making Criteria




           Statistics

           ROI Metrics

           Research
Statistics

Email opens on smartphones and tablets increased by 80% in last
six months

In any given week, less than .5% of Facebook fans engage with the
brand

20% of Facebook users have purchased something due to ads or
comments

YouTube users watch 3B+ hours of video per month

91% of online adults use social media regularly

38% of people recommend a brand they like of follow
ROI

ROI – Analyzing leads   Customer Lifetime Value (CLV) – The amount of revenue you’ll
generated, prospects    generate from one customer during the relationship’s lifetime
converted, customers
                         Step 1 – Determine the average spend over lifetime
retained & profits
                                   (3x12x$15=$540)
generated
                                   For example: Average Customer Spend = $540

                         Step 2 – Determine how much money is spent to acquire the
                          customer.
1. Quantity                   For example: 10% of CLV: $540 x .10 = $54

2. Quality                   Spent $54 in marketing costs to acquire a customer
                                    CPA = Cost Per Acquisition
3. ROI Formula                      Or CPS = Cost Per Sale
                                    The allowable cost it will take to acquire a new
                                    customer

                        General Rule: It costs three to five times as much to get a new
                        customer as it does to keep an existing one
Research

       Understand the marketplace
•   Surveys
•   Website feedback
•   Social Feedback
•   Find evangelists and bloggers
•   Business Intelligence
•   Analytics

               Informed and Intelligent next steps
What’s The Plan Lady!?
Marketing Plan


  Tactical            Strategic                   Wow
                                                 Factor


             Market



                                  Execute, Monitor and Drive ROI
Tactical



           Building the bones
Marketing Direction

  Keep it simple




Marketing          Leads
•Outbound          •Nurturing
•Inbound           •Up-sell                   Sales                  Revenue
                   •Value add
•Social                                                                $$$
•Traditional




                                CLV – Marketing Investment =
                                                               ROI
                                   Marketing Investment
Test Potential Marketing Channels
(Hypothetical)      Direct marketing dollars towards high ROI Channels
                      Tradeshow   Advertisin   Direct Mail   Telemarketing   Social
                                  g              I
                                                                             Media
Marketing             $10,000     $50,000      $50,000       $50,000         $50,000
Investment

Leads Generated       5,000       10,000       15,000        $2,000          3,000

Cost Per Lead         $2          $5           $3.33         $25             $17

Closed Sales          2,500       7,500        10,000        500             1500

Conversion            50%         75%          67%           25%             50%
Percentage

Cost Per Conversion   $4          $6.66        $5.00         $100            $33.33


Customer Lifetime     $1.8M       $5.4M        $7.2M         360K            $1,080,000
Value Revenue
3x12x$20=720

Marketing ROI         179%        107%         143%          6.2%            20.6%
The Tactical Plan – Phased – Hourly/Weekly/Monthly

            Develop Content and Context…

 •   Website                        •   YouTube
 •   Blog                           •   Facebook
 •   Google Tools                   •   LinkedIn
 •   Twitter                        •   Social Bookmarking
 •   Facebook                       •   SEO
 •   LinkedIn                       •   Marketing Collateral
 •   Marketing Collateral           •   Location sharing
Multi- Channel Approach
                B2B                           Young adults – B2C

• Develop targeted Landing Page(s)   • Lead with Free
• LP Marketing Outreach              • Targeted ads on Facebook & Twitter
• Scratch Campaign                   • Mobile marketing
• PPC                                • Game app ads
• Lead gen software                  • Develop evangelists program
• Telemarketing                      • Target student
• Lead capture forms on website        organizations/societies
• Live agent chat                    • Affiliates
• Social campaign –FB/Twitter        • Partnerships w/ University's
                                     • Win over Mom & Dad
                                     • Intern Program
                                     • Social Campaign
Components – Setting Serious
Benchmarks
      1. Sales strategy- lead with FREE – upsell to other services

      2. Develop Pencil-Sell Models

      3. Long-term emotional engagements

      4. Website – Killer experience, killer SEO

      5. Viral Videos
Strategic



            Mind Map
Mind Map

Marketing Business Plan
Wow
Factors


          Go-to-market Plans and Campaigns
Factor #1 Postcards with An Edge

Scratch Campaign

• Postcards with an enticingly edgy message
• Email and Mail
• Who wouldn’t scratch off an offer?
Factor #2 Download App Today -
Keeps The Crash Away

      •   Free model
      •   Upsell Features
      •   Gamer ad campaign
      •   Exposure
Factor #3 Magic Campaign
   Company                                     Young Adults
                  Key messaging
                  Value prop
                  Solve pain points



       • Integrate Traditional and Social
       • Philanthropic Appeal
       • PPC – Facebook, LinkedIn, Yahoo and
         Google
       • SEO – Featured Landing Pages
       • Bloggers
       • Bubble Tweets!
       • Spread the magic – web & print
       • Radio
Conclusion

 1. Tactical –Strategic- Execution – Hit revenue
    targets!!!

 2. Social Media Presence Drives SEO

 1. Social Media – Is Social

 1. Branding

 1. Build Campaigns - Ad Agency

 2. Provide relevant content daily

 3. Phased Approach

 4. Content & Context

 5. Have some fun!
Thanks For
Your Time.
  Contact: Janice Burney
JBurney@WebNoggins.com
  Twitter: @JaniceBurney
   Phone: 415.309.4845

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A marketing strategy

  • 1. Building Your Marketing Strategy Things To Think About Bringing The Magic Marketing Plan
  • 3. Marketing Essentials – Branding • Develop customer intimacy • Understand individuals as well as markets • Focus on relationships not just transactions • Develop a clear corporate character • Develop meaningful ROI – measure marketing's contribution • Understand and deliver value to empowered customers • Read and position – future trends • Determine messaging strategy
  • 4. Marketing Elements Phased Approach Execution Deliver Results Branding Strategy Grow Business – 20K Corporate - Paying Marketing Plan Tactical Smart Sheets 100K Users - Paying Tackling & blocking Nothing Happens Until Something Moves -Albert Einstein
  • 5. Marketing Strategic Goals  Marketing that shows respect  One message does not fit all  Demonstrate respect for clients time  Ensure brand tells the truth  Engage and involve clients in brand  Cooperate not compete (perception)  Provide valuable information and solutions  Develop warm touch points
  • 6. Decision Making Criteria Statistics ROI Metrics Research
  • 7. Statistics Email opens on smartphones and tablets increased by 80% in last six months In any given week, less than .5% of Facebook fans engage with the brand 20% of Facebook users have purchased something due to ads or comments YouTube users watch 3B+ hours of video per month 91% of online adults use social media regularly 38% of people recommend a brand they like of follow
  • 8. ROI ROI – Analyzing leads Customer Lifetime Value (CLV) – The amount of revenue you’ll generated, prospects generate from one customer during the relationship’s lifetime converted, customers  Step 1 – Determine the average spend over lifetime retained & profits  (3x12x$15=$540) generated For example: Average Customer Spend = $540  Step 2 – Determine how much money is spent to acquire the customer. 1. Quantity For example: 10% of CLV: $540 x .10 = $54 2. Quality Spent $54 in marketing costs to acquire a customer CPA = Cost Per Acquisition 3. ROI Formula Or CPS = Cost Per Sale The allowable cost it will take to acquire a new customer General Rule: It costs three to five times as much to get a new customer as it does to keep an existing one
  • 9. Research Understand the marketplace • Surveys • Website feedback • Social Feedback • Find evangelists and bloggers • Business Intelligence • Analytics Informed and Intelligent next steps
  • 11. Marketing Plan Tactical Strategic Wow Factor Market Execute, Monitor and Drive ROI
  • 12. Tactical Building the bones
  • 13. Marketing Direction Keep it simple Marketing Leads •Outbound •Nurturing •Inbound •Up-sell Sales Revenue •Value add •Social $$$ •Traditional CLV – Marketing Investment = ROI Marketing Investment
  • 14. Test Potential Marketing Channels (Hypothetical) Direct marketing dollars towards high ROI Channels Tradeshow Advertisin Direct Mail Telemarketing Social g I Media Marketing $10,000 $50,000 $50,000 $50,000 $50,000 Investment Leads Generated 5,000 10,000 15,000 $2,000 3,000 Cost Per Lead $2 $5 $3.33 $25 $17 Closed Sales 2,500 7,500 10,000 500 1500 Conversion 50% 75% 67% 25% 50% Percentage Cost Per Conversion $4 $6.66 $5.00 $100 $33.33 Customer Lifetime $1.8M $5.4M $7.2M 360K $1,080,000 Value Revenue 3x12x$20=720 Marketing ROI 179% 107% 143% 6.2% 20.6%
  • 15. The Tactical Plan – Phased – Hourly/Weekly/Monthly Develop Content and Context… • Website • YouTube • Blog • Facebook • Google Tools • LinkedIn • Twitter • Social Bookmarking • Facebook • SEO • LinkedIn • Marketing Collateral • Marketing Collateral • Location sharing
  • 16. Multi- Channel Approach B2B Young adults – B2C • Develop targeted Landing Page(s) • Lead with Free • LP Marketing Outreach • Targeted ads on Facebook & Twitter • Scratch Campaign • Mobile marketing • PPC • Game app ads • Lead gen software • Develop evangelists program • Telemarketing • Target student • Lead capture forms on website organizations/societies • Live agent chat • Affiliates • Social campaign –FB/Twitter • Partnerships w/ University's • Win over Mom & Dad • Intern Program • Social Campaign
  • 17. Components – Setting Serious Benchmarks 1. Sales strategy- lead with FREE – upsell to other services 2. Develop Pencil-Sell Models 3. Long-term emotional engagements 4. Website – Killer experience, killer SEO 5. Viral Videos
  • 18. Strategic Mind Map
  • 20. Wow Factors Go-to-market Plans and Campaigns
  • 21. Factor #1 Postcards with An Edge Scratch Campaign • Postcards with an enticingly edgy message • Email and Mail • Who wouldn’t scratch off an offer?
  • 22. Factor #2 Download App Today - Keeps The Crash Away • Free model • Upsell Features • Gamer ad campaign • Exposure
  • 23. Factor #3 Magic Campaign Company Young Adults Key messaging Value prop Solve pain points • Integrate Traditional and Social • Philanthropic Appeal • PPC – Facebook, LinkedIn, Yahoo and Google • SEO – Featured Landing Pages • Bloggers • Bubble Tweets! • Spread the magic – web & print • Radio
  • 24. Conclusion 1. Tactical –Strategic- Execution – Hit revenue targets!!! 2. Social Media Presence Drives SEO 1. Social Media – Is Social 1. Branding 1. Build Campaigns - Ad Agency 2. Provide relevant content daily 3. Phased Approach 4. Content & Context 5. Have some fun!
  • 25.
  • 26. Thanks For Your Time. Contact: Janice Burney JBurney@WebNoggins.com Twitter: @JaniceBurney Phone: 415.309.4845

Hinweis der Redaktion

  1. http://litmus.com/blog/email-client-market-share-stats-infographic-june-2012http://marketingscience.info/assets/documents/275/http://ipsos-na.com/news-polls/http://youtube-global.blogspot.com/2012/05/its-youtubes-7th-birthday-and-youve.htmlhttp://www.experian.com/simmons-research/register-2012-digital-marketer.htmlhttp://ipsos-na.com/news-polls/pressrelease.aspx?id=5645
  2. Marketing Investment – ExampleLeads Generated – ExampleCost Per Lead = Marketing Investment/Leads GeneratedClosed Sales – ExampleConversion Percentage – Closed Sales/Leads GeneratedCost Per Conversion - Marketing Investment/Closed SalesCLVR = CLV x Closed SalesMarketing ROI = CLV – Marketing Investment Marketing Investment