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Building a strong brand: an Interactive workshop

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Building a strong brand: an Interactive workshop

  1. 1. Building Your Brand – An Interactive, Hands On Workshop to Market Your Company Dr. Debra Zahay Blatz, Professor of Marketing, Chair, Marketing and Entrepreneurship St. Edward’s University Texas CEO Bootcamp September 2016
  2. 2. Outcomes • Understand the role of search in brand-building today • Understand how digital marketing and search have impacted the B2B sales process • Evaluate a website and processes to determine what changes can be made to take advantage of these developments
  3. 3. http://www.businessexpertp ress.com/books/digital- marketing-management- handbook-current-or-future- ceo
  4. 4. Teaching Specialties • Undergraduate Marketing and Digital Marketing Minor – Internet Marketing – Social Media Marketing – Marketing Strategy • Graduate MBA – Marketing in a Digital Environment – Social Media Marketing
  5. 5. Search Becomes Prime
  6. 6. Source: http://www.adweek.com/socialti mes/81-shoppers-conduct- online-research-making- purchase-infographic/208527
  7. 7. Starting Question: How has the internet changed B2B Buying?
  8. 8. Starting Question: How has the internet changed B2B Buying? One Answer: 94% of purchase decisions start with search!
  9. 9. 94 PERCENT OF B2B BUYERS USE ONLINE RESEARCH • 77 percent use Google search • 84.3 percent check business websites • 34 percent visit 3rd party websites • 41 percent read user reviews 2014 State of B2B Procurement, Acquity Group
  10. 10. Search is a > 40 Billion Dollar Industry • Growth rate has been in double digits • Job growth follows
  11. 11. Source: https://www.netmarketshare.com/
  12. 12. MOBILE SEARCH OUTPACING DESKTOP • 2015: More than half of digital advertising spent on mobile devices • Facebook has 12% of the $186.8 billion global digital-advertising up from 8.6% in 2014, according to data firm eMarketer • Google’s share is projected to decline to 31% from 35% two years ago) • Facebook ad revenue Increased 57% in the first quarter 2016 • Mobile ads (higher prices) were roughly four-fifths of that revenue. http://www.wsj.com/articles/facebook- revenue-soars-on-ad-growth-1461787856
  13. 13. Facebook’s Mobile Ad Growth
  14. 14. Strategy BrandSearch
  15. 15. Digital Marketing is the Responsibility of the Executive Suite • Only 8% of CMOs think their firms are digitally ready • Only 30% of CEOs use social media
  16. 16. No where does C-Level responsibility become more evident than in branding today
  17. 17. http://www.marketingprofs.com/charts/2016/29499/t he-top-challenges-facing-b2b-marketers
  18. 18. • Understanding and using context in content marketing. • Creating videos that make an impact on the video driven web. • Marketing to a mobile first audience. • Changing sales tactics for an audience that is already 85 per cent through the sales journey. • Humanizing marketing messages, ditching the jargon. • Making the most of micro-moments, as people glance at the web. • Using influencers for successful campaigns. • Reaching people who are opting out of marketing, thanks to ad-blocking. • Optimizing email marketing • Understanding Big Data http://fox.agency/w p- content/themes/fox /reports/Fox-B2B- Marketing- Challenges- Report.pdf B2B Marketing Challenges 2016
  19. 19. Branding is Digital
  20. 20. WHAT IS MARKETING?
  21. 21. WHAT IS MARKETING?
  22. 22. MARKETING IS VALUE CREATION AND CAPTURE: CREATING FINANCIAL OR OTHER VALUE FOR THE MARKETER AND PERCEIVED VALUE FOR THE CUSOTMER
  23. 23. Digital marketing can be defined as: Using any digital technology to facilitate the marketing process, with the end goal to facilitate customer interaction and engagement
  24. 24. WHAT IS A BRAND?
  25. 25. A BRAND IS A PROMISE
  26. 26. Digital Marketing Means Engagement Beyond? Digital=Engagement Interactive=Conversation Internet=Technology Direct=Customer Response
  27. 27. Attract Acquire Retain Grow Value Basic Marketing Objectives Now Include Engagement/Growth
  28. 28. SunGuard Campaign for Cloud Computing Awareness Resulted in a 5.7% email open rate, download rate increase of 300%
  29. 29. DemandBase Educational Campaign for Content Technology Investment Decisions Netted $ 1 Million in New Business
  30. 30. The brand story trickles down to content marketing Brand Story Content Social Media Website Email Video Blog Mobile Search Communications Channels Forthcoming, Business Experts Press
  31. 31. Brand Image Brand Story Brand Awareness Brand Recognition Brand Equity High Search Rankings Branding Leads to Search Rankings Zahay, Digital Marketing Management
  32. 32. Set objectives for cross- channels Web Objectives Email Search Social Mobile
  33. 33. Firm Learning Customers Employees Competitors Suppliers/Partners What We Learn Through Digital Marketing Can Be Translated to Advantage for the Company Digital Marketing Technologies
  34. 34. Social Media Marketing Industry Report • 56% of B2B Marketers acquire new business partnerships through social media • 69% of B2B Marketers gathered industry insight social media • 78% of buyers of B2B products begin process via a search engine
  35. 35. Social media platforms can disseminate brand story 38 Key social media platforms Video Sharing Photo Sharing Podcasts Message Boards Blogging Micro Blogging RSS Feeds Widgets Social Networking Chat Rooms
  36. 36. New B2B Purchase Process
  37. 37. B2B Preferred Research Shows Transition of Sales Role
  38. 38. Transition from Selling to Nurturing and Facilitating
  39. 39. Age of Consumer Empowerment Much of the buying process takes place before the first interaction with the vendor Source: Marketo, Sirius Decisions, Forrester Research The Purchase Journey Today
  40. 40. Age of Consumer Empowerment Much of the buying process takes place before the first interaction with the vendor Source: Marketo, Sirius Decisions, Forrester Research, Fox Agency The Purchase Journey Today
  41. 41. The New B2B Buying Process Focuses on Search Zahay, Schultz and Kumar, Journal of Brand Strategy Vol. 3 Number 4, 2015
  42. 42. The Sales Funnel Has Changed Zahay, Schultz and Kumar, Journal of Brand Strategy Vol. 3 Number 4, 2015
  43. 43. Exercise 1. Develop a list of what makes your company unique; what value do you deliver? 2. How do your customers and prospects search for that uniqueness? Be as specific as possible and incorporate INTENT. 3. What is the brand story behind the value you create for customers? 4. Using Google Trends and the keywordtool.io, develop a list of keywords that might relate to your company and/or your brand value. 5. How will you use these words across channels to develop your brand? 6. What types of content must you create to reinforce your brand image? 7. What types of sites would you like to link to you? 8. What would be a measurable outcome of these activties?
  44. 44. Supplemental Exercise • Evaluate your company’s web site and mobile applications. How well do these channels convey your company’s brand image? What about search terms? Are they appropriate? What about content?
  45. 45. Questions? • Dr. Debra Zahay-Blatz Professor of Marketing, Chair, Marketing and Entrepreneurship St. Edward’s University 512 448 8645 (work) 630 300 8838 (cell) • @zahay • www.linkedin.com/in/drzahay
  46. 46. Thank you St. Edward’s University Thank you. St. Edward’s University Thank you. St. Edward’s University Thank you. St. Edward’s University Thank you. St. Edward’s University

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