Professional Documents
Culture Documents
Digital Marketing
Lecturer: Ngoc Vo, MSc.
Email: ngoc.vo@vnuk.edu.vn
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Intro to
Digital Marketing
Learning outcome
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No matter how much you know (or think you know) about your consumers you cannot predict
every possible outcome and so being in a constant and evolving test cycle is vital to a
culture of continuous improvement – something that is a key value of effective marketing.
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Porter’s 5 forces
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Brand Positioning
It is useful to use a brand positioning map to
develop your market positioning strategy for your
products or services.
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Demographic
A very common form of segmentation, demographics includes
factors such as age, race, gender, education, employment, income and economic status. It is therefore
an area of segmentation that gives a reflection of the characteristics of a group of people.
Demographic segmentation is used by governments and a very broad range of organizations as it can
answer questions such as ‘Who can afford to buy my product?’ and ‘Will this group
of consumers be the right age range for my product?’
The disadvantage of this type of segmentation is that there is a large assumption that people with
similar characteristics will behave similarly, which is far from the truth. If someone is a French, 45-
year-old factory worker who has had a poor education will they behave the same way as all
their colleagues in the factory who are of roughly the same age? No. They will have different passions,
hobbies and much more. To understand this in more detail we need to understand behavioural
segmentation.
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Psychographic
Psychographic segmentation sounds exceptionally complex but it is simply an understanding of a consumer’s lifestyle. This includes
studying activities, opinions, beliefs and interests. Understanding these elements can, similarly to behavioural segmentation, result in
messaging and products that truly resonate with the individuals. For example, individuals
may be environmentalists, Buddhists, body builders or movie lovers (or any combination of these). Creating segments on this basis
creates a more ‘real’ view of the individuals than geographic or demographic segmentation ever
could. Digital Marketing
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Persona
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Persona
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CLV
Segmentation
Porter’s Brand
5 forces
/
Positioning 4Ps
Persona
BCG
*A super good post to read about How to plan your business (VN)
Digital Marketing
Link’s here
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Digital Ecosystem
Learning outcome
Digital Marketing
Digital Ecosystem
BREAK OUT IN GROUPS, pick your model, read
textbook/GG to answer these questions:
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Many companies will start with SEO if One of the most widely known interactions Social media plays a part in SEO.
they need to prove the search model or therefore between PPC and SEO is to use
have limited budgets. PPC keyword data to inform SEO strategy. Google uses social links for social media and it
(aka Keywords Search in Google Search is possible that social engagement is another
As you move on to building your PPC Ads) factor.
strategy you can see which keywords are
likely to be expensive due to competition The other key learning is that you can The number of followers less likely contributes
and volume. quickly learn effective copy trends for ads but how regularly and broadly we post,
in PPC and then apply those to your site how much engagement we achieve, the links
It will take longer to achieve results but and other marketing activities to increase we gain and sentiment we achieve.
for a significantly smaller investment. click-through and conversion rates.
Locality, speed of response and user behaviours
on our site from social media source should be
considered.
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Digital Marketing
Integrate Digitalization
Lecturer: Ngoc Vo, MSc.
Email: ngoc.vo@vnuk.edu.vn
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1. Break
1. Break
CLV
Segmentation
Porter’s Brand
5 forces
/
Positioning 4Ps
Persona
BCG
*A super good post to read about How to plan your business (VN)
Digital Marketing
Link’s here
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Integrate digital
into wider org.
strategy
Learning outcome
Digital Marketing
Business Models
B2C Niche Market B2B Freemium
appeal to a broad range of direct-to-consumer business includes organizations such as
the method of attracting users
consumers at an affordable that has a highly targeted wholesalers or technology
by giving a percentage of your
price. offering. resellers that are selling directly to
product/service for free and
other businesses.
offering a more interesting,
deeper experience for a price.
>> dealing with other business
(e.g. Spotify)
people rather than end consumers.
creating awareness through creating trust and advocacy is traditional marketing messages and
mainly tech-based companies
above-the-line advertising, essential sales techniques are less well
in entertainment or streaming
acquiring visitors and converting received.
industry
them into customers. >> a deep content strategy and
first-class experience are crucial >> the focus should be more on
>> focus on content quality to
>>require a robust customer to success as are precision relationships through CRM, content
upgrade the service/product
service process. targeting techniques and a and direct value-added discussions
comprehensive data strategy rather than through advertising.
>> important to understand
>> all digital channels are
user behavior to seamless
relevant here. >> still important that these
experience
customers to be able to find your
site and the information they need.
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Business Models
B2C Niche Market B2B Freemium
BREAK OUT IN GROUPS, read again the definition of the 4 models and
examples of Freemium in textbook.
● Pick one company and explain why do you think they are using that model?
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Brand
VISUAL
VALUES
IDENTITIES
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Vision
“The statement that must embody everything your business
is striving to achieve and everything it represents.”
values
channels
marketing &
communication
business models
innovation or improvement
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Vision (Examples)
“To create a better everyday life for the many people.”
IKEA
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Innovation
When we think about innovation now we often lean towards technology but innovation is not
about technology.
Tech can play a big part in innovation, of course, and there are many examples of fantastic
achievements through technological innovation but
innovation is, in its truest sense, the development of new ideas and the application of
those ideas to the progress of your company. That may be improvements in process,
structure, pricing,product or any other area.
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Innovation cannot
come from one
person or even from
one small group
Define innovation
within your You must innovate with direction Create innovation spaces
business
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On Research
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BREAK
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Stages to create
marketing
strategy
Learning outcome
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Stage five:
Stage one: Stage two: the Stage three: Stage four:
continuous
assessment foundations sophistication formalize
improvement
happens before your first stage of already have the the system is built New technology will
strategy starts constructing your destinations planned arrive; consumer
strategy >> how we will plan NOW it’s to trends will change;
need to ensure your and manage our document to the world economy
background work is look at the pieces content, >> whom communicate wider may
done you need to have in we are targeting, >> and keep track shift.
place before you can how attract and
start to promote your retain customers All of this means you
business heavily need to stay agile.
NOW it’s to outsmart
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Is it a creative organization or
analytical?
You may need to complete your Review your team and any resources across At this stage you should also
strategy to justify your budget or the business that are needed to deliver this. establish any working groups with
you may know your budget at this key internal stakeholders to give
stage. You might need consider recruitment,
them the chance to feed in their
training, perhaps even redundancies or thoughts and experiences.
restructures.
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Targeting &
Targets Website Reporting dashboard
Segmentation
Digital Marketing
You need to have a perfect Consumers are increasingly If your company is not a
customer service plan once you using messaging for direct brand new start-up then you
start to promote your business communications of every type. should have some historic
data which might inform your
strategy and help predict
performance.
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You also need to establish at this You know your goals but what are
stage what your preferred attribution your exact targets? You need to set I you need to know how you will
retain them in advance if you are
strategy will be. specific targets for your activity now.
attracting clients
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Digital Marketing
You should take the time to cleanse your data If your organization works across multiple
Local strategy is becoming increasingly
to ensure accuracy, append missing data to territories you must consider this as it
important as most search engines, social
your data sets, train your staff and build or includes languages, culture, pricing,
networks and other digital platforms
rebuild your systems payment methods, distribution channels
continue to focus on relevancy
and a great deal more.
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Review your strategy annually. Your channel management and the dayto-day tactical implementation will, of course, be in a
constant state of review through your daily tracking, weekly reporting, monthly dashboards and quarterly reviews, but your
actual strategy itself also needs to stay flexible.
Therefore, you should take the time once a year to review it, understand how the landscape has changed and work through
whether it is still appropriate to continue along the chosen path for the remainder of the strategy, be it three or five years, or
whether it is appropriate to make changes.
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Stage five:
continuous
improvement
Digital Marketing
Digital Consumers
Lecturer: Ngoc Vo, MSc.
Email: ngoc.vo@vnuk.edu.vn
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Outline
6. Detailed slides with definitions, case studies from Friday & Saturday
class
CLV
Segmentation
Porter’s Brand
5 forces
/
Positioning 4Ps
Persona
BCG
*A super good post to read about How to plan your business (VN)
Digital Marketing
Link’s here
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creating awareness through creating trust and advocacy is traditional marketing messages and
mainly tech-based companies
above-the-line advertising, essential sales techniques are less well
in entertainment or streaming
acquiring visitors and converting received.
industry
them into customers. >> a deep content strategy and
first-class experience are crucial >> the focus should be more on
>> focus on content quality to
>>require a robust customer to success as are precision relationships through CRM, content
upgrade the service/product
service process. targeting techniques and a and direct value-added discussions
comprehensive data strategy rather than through advertising.
>> important to understand
>> all digital channels are
user behavior to seamless
relevant here. >> still important that these
experience
customers to be able to find your
site and the information they need.
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Content Strategy
Lecturer: Ngoc Vo, MSc.
Email: ngoc.vo@vnuk.edu.vn
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Outline
2. Types of Content
3. Persona
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https://www.storiaphotovideo.com/blog/customer-journey
Digital Marketing
>> Awareness Stage/Loyalty stage Video on Youtube Playlist. Educational content. Interest + Consideration +
Loyalty stage, depending on the topic. Not drilling down to a specific video
clip, so content could be calendar-based or real-time.
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Planning digital
marketing strategy
Lecturer: Ngoc Vo, MSc.
Email: ngoc.vo@vnuk.edu.vn
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Quick overview
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Introduction
In order to deliver our digital marketing strategy we need to
understand three things:
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The Planning
Process
vision-based planning
real-time planning
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Vision-based planning
The six stage of vision-based planning:
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About step 2.
Produce mission statement: Identify Mission statement
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Real-time planning
Definition: a plan that retains Advantage
fluidity to your planning - Strategy is highly relevant and
process to ensure your plans can change quickly to meet
are malleable to the current insights.
circumstances.
Disadvantage
→ The real-time model, - No document to share with your
therefore, keeps the planning business
process ‘alive’ as an ongoing
piece of work. - No fully formed document to
share externally
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GOALS
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GOALS
Goals are high-level statements of what you need to achieve for your business. Goals
need to be structured to meet some criteria. The model developed to give this goal-
setting memorable structure is the 4 Rs:
❖ Relevant: Does it fit with your vision?
❖ Resonating: Does it fit with your business’s values and goals?
❖ Responsive: Is it adaptable and flexible so that it can change if needed?
❖ Recognizable: Is it easily understandable?
Some example goals are:
● Increase sales ● Hire the best talent
● Improve profitability ● Gain market share
● Provide best-in-class customer ● Deliver a world-class digital
service experience
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GOALS
❖ The main goals of your strategy and the strategic pillars of your business need
to be integrated so that fitting together without any conflicting elements.
❖ Each goal will have objectives, strategies, and action plans
❖ Organization's goals will be realized through the waterfall effect.
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GOALS
❖ Goals are unique in the planning process in that the fewest details but the most thought
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❖ An aspirational goal can propel your business forward faster than the actual one.
❖ Unrealistic goals that are set frequently can affect the realization of your goals.
➢ Sales target for the year is 20% (the company has never achieved more than 10-15%) -> still
hit 17.5% (still the best result for business)
➢ Set a goal of 40% next year and 60% the next 2 years (reduce investment in the business,
cancel bonuses, and reduce workforce) -> seriously reduce productivity and have a negative
impact on cultural problems (even resignation)
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Objectives
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Objectives
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Objectives
Example:
If we were to take our goal of increasing sales we might create one of the following objectives:
● Increase sales of batteries through the online channel by 10% to 100,000 units by the end of the sales year;
● Increase room bookings by 55% to achieve 55% capacity by this time next year.
These give us a target to hit and a deadline to hit it by. There is no ambiguity and it could even be more specific
by breaking down into a series of objectives around the different products being sold. If we were to take the
example of the doughnut company mentioned above, their SMART objectives could be:
1. To be everyone’s favorite place to buy doughnuts: increase footfall by 25% by end of year.
2. We provide the tastiest doughnuts in the United States to anyone, anywhere, at any time: customer
satisfaction levels on food quality at least 98% for full year.
3. Improve brand awareness: brand search queries up 20% within six months.
4. Create a social media strategy: improve engagement on Facebook by 100% by December.
5. Build a viral video marketing campaign: 1 million views in a three-month campaign period.
So now we know exactly what we have to do and by when – we have a simple flow. Meeting our action plans
means that our strategies will deliver. If all of our strategies deliver then we will hit our goal. If all of our goals deliver
then we will deliver against our mission, which means our overall strategy is working.
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Strategies
Your strategies are the plans that spell out how you will achieve your objectives.
When goals are fairly broad, strategies must be much more focused.
● Findable: can consumers find us either deliberately or through generic searches or channels?
● Informative: do consumers get the information they need from us to make a decision?
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Strategies
Example:
Customer Service
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Action Plans
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Action plans
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Action plans
What are the elements of a marketing action plan?
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Controls
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Controls
● Some clear discipline and control required
when formulating and putting in place an
important plan for success
Using a Gantt chart to clearly illustrate the progress of each of the action plans, give a clear
reference point at any moment for how progress is being made. Also, implementing reporting
and measurement is vital to allow monthly, weekly or daily progress reports against the
objectives.
Controls
Reviews
Risk management
● A full understanding of this dictates the plans that
you produce and how you take action on them
throughout their delivery. Constructing a risk matrix
is a useful method of visualizing the risks that your
strategies will encounter.
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Controls
Contingency planning
● A contingency plan should be developed in advance, during
calm, so that you can consider and document all actions to be
taken. It should be discussed with other departments to ensure
alignment and understanding, and be communicated within
the marketing team
People
Skill Set
Resource
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Skill Set
● Ensuring strategists and planners are experienced and have the
right mindset for the role.
The rest of the strategies and action plans will be heading in the
wrong direction if this early part of the process is not conducted
correctly
=> We need experts who understand their own channels, the other
channels and the wider strategy.
Skill Set
● The leaders play an important role in leading the team in the right
direction
=> Without it, the guidance will not be there for the experts who are
delivering the action plans.
=> Without guidance there is nowhere to turn for direction.
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Skill Set
=> People make decisions being made on personal preference
rather than experience or data.
Resource
This refers to the number of hours available for delivery of the action
plans.
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Resource
Example: A team of 20 marketers may consist of one director, 3 senior managers, 6 managers and 10
executives. They work 40 hours with 5 working days (8 hours per day) in a week.
At beginning:
=> They have 20 staffs *40 hours = 800 hours per week
=> They have 800 hours * 52 weeks = 41.600 hours per year
However, we also need to consider the work that goes on within marketing that forms the
foundation of keeping the department running. This may well take another 300 hours per week for
the team.
=> They have 800 hours - 300 hours = 500 hours per week.
=> They have 500 hours * 52 weeks = 26.000 hours per year.
Besides, we need to factor in that individuals in the team will have holiday and some sick leave,
which will lose us 25 days per person on holiday and 5 days per person on sick leave during the year.
=> 20 staffs * 30 days off = 600 days => 600 days * 8 hours = 4.800 hours per week
=> They have 26.000 hours - 4.800 hours = 21.200 hours per year
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Budgeting and
Forecasting
What is the Budgeting and Forecasting on digital marketing?
What’s the story behind Master Budget?
How we make decision on running the new product?
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- This section deals specifically with media budgeting rather than
departmental budgeting
- Example: you can not buy immediately the products on your television.
But on digital platforms like shoppee, lazada, you can.
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How do we make the decision on the new product?
- Monthly forecasts are fairly standard, especially within digital marketing where
updated market and business performance can be considered in close to real time.
performance which showing any trends within the data and the goals from
the master budget.
- For example: if we were to forecast our sales from August 2019, we would look
back at the period from August 2018 to July 2019. We could see from this how we
performed last year and see any trends since that date right up until the previous
month.
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