Presentation for EO (Entrepreneurs Organization) Los Angeles - looking at the top 10 digital marketing trends in 2013-14 and what SME can leverage to increase their revenue
International Business Environments and Operations 16th Global Edition test b...
Top 10 Digital Marketing Trends
1. TOP 10 DIGITAL MARKETING TRENDS
Ming Chan
CEO, The1stMovement
@MingAtT1M
2.
3. The1stMovement is a global digital agency.
We leverage user insights and emerging technologies to
design digital products and solutions that
Fundamentally evolve behaviors.
http://www.the1stmovement.com
@the1stmovement
12. Companies spend over 10% of revenue on Marketing (Digital Marketing Spending
accounts for 25% of that, with a 9% increase in 2013)
– Gartner Report (U.S. Digital Marketing Spend 2013)
25%
Digital
Marketing
10% of Revenue
TREND #2
13. PAID. OWNED. EARNED.
> ><Paying to leverage
channels to reach
audience
• Display Ads
• Paid Search
• Sponsorships
Dynamic content in
your own controlled
environment
• Your website
• Your Blog
• Your Twitter/Weibo
• Your Facebook Page
Customer as a channel.
Built through sharing and
engagement.
• WOM
• “Viral” Buzz
• Social Engagement
RECOMMENDATION #2
14. “The Big Four” Top 2013 Digital Marketing Investment:
Commerce Experiences; Content Creation & Management; Social Marketing; Mobile Marketing
– Gartner Report (U.S. Digital Marketing Spend 2013)
COMMERCE
EXPERIENCE
SOCIAL
MARKETING
CONTENT CREATION
& MANAGEMENT
MOBILE
MARKETING
TREND #3
15.
16. TREND #4
82% of U.S. consumers research products online before purchasing
– Forrester Report (Sept 2012)
82%
RESEARCH
20. TREND #6
Mobile websites (70%), mobile apps (55%), and QR codes (49%) the
most common Mobile Marketing tactics
– Mobile Marketing Survey 2012
55%70% 49%
21. RECOMMENDATION #6
PRO:
• Reach anyone with mobile
• Lower development costs
• Easy update and deployment
CON:
• Internet connection required
• Always free
PRO:
• Controlled experience
• Access to phone’s features
• Can charge $$
CON:
• Higher development costs
• Approval process
• Devices-specific
PRO:
• Easy to use and develop
• Leverage traditional media
• Easily trackable
CON:
• Lack of awareness
• User must download app
• Unintuitive user experience
22. TREND #7
Tablet users spend over 50% more per purchase at online retailers when
compared with smartphone visitors, and 20% more when compared
with traditional laptop and desktop visitors.
– Adobe Digital Marketing Insights 2012
> >
24. TREND #8
Interbrand Top 100 Brands – 98% on Facebook, 94% on Twitter, 64%
on Google+, 51% on Pinterest and 40% on Instagram
– Simply Measured 2012
98% 94% 64% 51% 40%
26. TREND #9
Social marketing (build consumer advocacy) generates an average
sales lift of 6.7% for CPG brands
– Mobile Marketing Survey 2012
6.7%INCREASE=
28. TREND #10
Big Data goes Small – 50% of brands say Big Data helps meeting
consumer demand and facilitate growth.
– Gleanster report “The New Rules of Digital Engagement” 2012
29. RECOMMENDATION #10
1. Collect & Analyze Data
2. Create personalized content through user insights
3. Design marketing tools/campaigns based on user behaviors
4. Engage users through relevant platforms
5. Repeat step 1-4