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DIGITAL
MARKETING
Mike Klein @dezguy
ROMI = SALES - Marketing Expenses
             Marketing Expenses




RETURN ON MARKETING INVESTMENT
MARKETING PROCESS
CONVERSION




THE POINT OF A WEBSITE
SALES
 APPLICATIONS
  DONATIONS
LEAD GENERATION
 DOWNLOADS
Email      Mail   Telephone


                    Attract




                   Convert
        Website
Email             Mail      Telephone
Custom link (tag)   Unique URL   Landing Page

                                    Attract




                                   Convert
                    Website
Twitter             Facebook


                          Attract




                          Convert
          Website
Facebook
Pages     Events    Advertising


                         Deals
                        Places




        Website
GOOGLE ANALYTICS
Twitter
Tweets       Hashtags      Promoted

         Permission List




            Website
TWITTER LISTENING STATION
                            SEARCH
MONITOR
HASHTAGS
CONTENT
CURATION
BUILD A
NETWORK
INFLUENCERS
CONTENT PROMOTION
TAKE (LISTEN) MORE THAN YOU GIVE (TALK)
Twitter             Facebook


                          Attract




                          Convert
          Website
http://www.google.com/support/analytics/bin/answer.py?
               hl=en&answer=55578

             Google: Google URL Builder
http://www.usask.ca/?
     utm_source=Facebook
%2BPage&utm_medium=Facebook
%2BPage&utm_campaign=Christmas
           %2BSpecial
HTTP://ON.FB.ME/HUUZ9H
ROMI = SALES - Marketing Expenses
             Marketing Expenses




RETURN ON MARKETING INVESTMENT
AVG SALE = $115
ROMI (Facebook) = $2000* - $50
                      $50



    3900%*
              *For illustration purposes only
EXPLOSION OF
COMMUNICATIONS
WENT FROM BEING
 CONNECTED...
TO BEING
BOMBARDED
WILDLY
INTERCONNECTED.
    EXTREMELY
  COMPLICATED
BASED ON INTERRUPTING
IT WAS
           EASY.
       IT WORKED.
          PEOPLE
        LISTENED.
FOR aLONG TIME THIS WORKED
EVERYONE
MADE MONEY;
  UNTIL....
PEOPLE
TUNED
 OUT
WE TRIED
  BIGGER
MEGAPHONES
WE PUMPED
  UP THE
 VOLUME
AND THE FILTERS
GET STRONGER
WE GET EVEN MORE
   DESPERATE
SOCIAL MEDIA SAVIOUR
BUT SOCIAL MEDIA
  IS HURTING....
THE FUNNEL
   ISN’T
WORKING AS
 WELL AS IT
 ONCE DID.
IT’S EASY FOR PEOPLE TO
       ‘UNFOLLOW’
THE NEVERENDING STORY
EACH NEW STATUS UPDATE ADDS CLUTTER
 AMOUNT OF ATTENTION STAYS THE SAME
FIRE AND FORGET
    WAS EASY.
SOCIAL
MEDIA TAKES
  EFFORT
YOU
  ACTUALLY
NEED TO CARE
TREATING
 THE NEW
  LIKE THE
 OLD IS A
 BANDAID
SOLUTION
THESE ARE
    UNCHARTED
UNCHARTERED WATERS
      WATERS
NECESSITY IS
 THE MOTHER
 OF INVENTION
     - PLATO
                 THINK
NECESSITY IS THE MOTHER OF
  W E NEED TO RE
             ODEL
       THE M
    INVENTION - PLATO
NEED TO ACCOUNT FOR
   PERMISSION AND TRUST

Source: Flickr.com zoomar
WHAT MADE THIS
 FOOTBALL FAN
     THIS WAY?
WAS HE
BORN LIKE
  THIS?
TURN STRANGERS INTO FRIENDS
  FRIENDS INTO CUSTOMERS
 CUSTOMERS INTO SUPPORTERS
EACH
 STEP
TAKES
  EFF
 ORT
EACH
   STEP
  BUILDS
TRUST AND
PERMISSION
TIME TO GET RICK
     ROLLED
FROM COMMUNITY
      TO CROWD
FROM CROWD TO
 CONGREGATION
FROM CONGREGATION
      TO COMMITTED
FROM COMMITTED
   TO CORE
FROM CROWD TO
CONGREGATION
FROM CONGREGATION
      TO COMMITTED
FROM COMMITTED
   TO CORE
FROM CROWD TO
CONGREGATION
FROM CONGREGATION
      TO COMMITTED
                     Source: Flickr.com, rileyroxx
FROM COMMITTED
   TO CORE
FROM CROWD TO
CONGREGATION
FROM CONGREGATION
                            TO COMMITTED

Source: Flickr.com d.j.k.
FROM COMMITTED
                        TO CORE
Source: Flickr.com Fanboy 30
FROM CROWD TO
CONGREGATION
FROM CONGREGATION
                                TO COMMITTED

Source: Flickr.com, korona-pl
FROM COMMITTED
                                                      TO CORE
Source: Flickr.com Chris & Shelley Mallinson   Source: Flickr.com, wsilver
DISCRETE STEPS
FROM COMMUNITY
TO CROWD
GOAL IS TO INCREASE
  COMMITMENT
BUILD ADVOCATES (FANS,
FOLLOWERS, FANATICS)
BUILDING AN ARMY
EVERYONE IS CONNECTED
YOU WANT YOUR
NETWORK’S NETWORKS
YOUR FANS BRING THEIR
NETWORKS WITH THEM
N^2
150^2 = 22500
RECRUITING FOR YOU.
FANS BEGET
MORE FANS
YOUR MARKETING
PLATFORM GROWS
IF YOU DO IT RIGHT...

 YOU’LL
HAVE AN
AUDIENCE
AND
SOMEBODY
 TO TALK
  WITH
   CONVERSE WITH YOU
WHO WILL SPREAD
 YOUR MESSAGE
AND WILL BE THERE
  TO HEP YOU...
   HELP YOU HELP OTHERS
+ Goodwill   + Revenue   - Expenses

          OUTCOMES
        YOU CAN TAKE
         TO THE BANK
BUT YOU NEED THE RIGHT TOOL FOR THE JOB
AND YOU USE THE
MODEL TO SELECT
    TOOLS.
TO BUILD YOUR CORE
HOW DO
YOU FORM
A CROWD?
SOMETHING TO
GATHER AROUND
AND YOU NEED SOME PEOPLE...
YOU COULD
USE A BLOG...
A CONGREGATION
NEEDS SOMETHING
  TO BELIEVE IN
THEY NEED
COMMITMENT
THEY NEED
BELONGING
SHOUTING
  FROM OUTSIDE THE
CAMPFIRE CIRCLE DOESN’T
         WORK
IT’S ABOUT MOVING
 FROM CONTROL...
...TO INFLUENCE.
FROM INTERRUPTING...
...TO PERMISSION
FROM TALKING AT....
....TO TALKING WITH.
FROM BEING CLOSED....
TO BEING OPEN,
TRANSPARENT,
ACCOUNTABLE.
BRINGING BEER TO THE
CAMPFIRE IS ONE WAY
TO GET A SEAT.
WE LOVE TO TALK
ABOUT OURSELVES
MANY PERSONALITIES
MANY BEHAVIOURS
DON’T BE AFRAID TO ASK FOR
             COMMITMENT
IT’S ABOUT
ADDING
VALUE,
BEING
HELPFUL,
BEING
GENEROUS
GET YOUR CONGREGATION
       COMMITTED




Moving People from the Congregation to the Committed
LOOK FOR OPPORTUNITIES
TO MOVE PEOPLE TO THE CORE
PERHAPS OUT OF STUPIDITY?
YEARS OF TEARS, CHEERS AND BEERS
HOW YOU
MEASURE
SUCCESS IS
DEFINED BY THE
OBJECTIVE.
+ Goodwill   + Revenue   - Expenses

          OUTCOMES
        YOU CAN TAKE
         TO THE BANK
$136.38
Always requires input.
Instant results/eyeballs
  Diminishing returns
      Hard cash
   No other choice
Always requires input
     (24/7/365)
 Takes time to build
   Network effect
  Human resources
  Long-term asset
  Build community
ROMI = SALES - Marketing Expenses
             Marketing Expenses




RETURN ON MARKETING INVESTMENT
DIGITAL
MARKETING
Mike Klein @dezguy

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Chamber Presentation 2011