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Lecture 4-6
Lecture 4-6
DIGITAL ADVERTISING
Lecturer: Teodora Șaguna
Marketing enthusiast for over 15years.
Traveler.
Lifestyle entrepreneur.
Contact
@teodora saguna
teodora_saguna@yahoo.com
CURICULA
• Introduction. The changing digital environment - digital landscape
• The changing digital environment - digital disruption. A comparison
between communication for digital brands versus brick & mortar brands
• Building a digital strategy-Digital marketing audit. How to conduct it and
why it helps.
• Building a digital strategy - Setting digital objectives. How to write a digital
brief
• Developing the digital strategy.
• Creating a digital plan. Selecting the best digital mix.
• Allocating budgets for a digital plan
• Setting metrics, KPIs and objectives
• Online media mix: Google Ads (Google Search, Google Display Network,
Youtube)
• Online media mix: Social Media, Content Marketing
• . Direct marketing in online: email communication
• Monitoring and Measuring Digital Marketing activities. How to measure
online in offline.
EVALUATION
https://www.youtube.com/watch?v=lXM9MHvzE-k&t=311s
Strategy vs. tactics
Strategy vs. tactics
STRATEGY
Tactics are used in action; they are in the thick of it. They don’t make
“big” decisions, which take time and knowledge of the bigger picture.
Tactics are highly practical things you will do every day. Writing
blog posts, sending tweets, replying to emails, outreach to bloggers,
changing page titles and appointments you make/attend etc
Marketing Objectives
Example strategy:
1a. Run TV ads targeted at target audience in the middle of the day
1b. Run Facebook advertising at lunchtimes based around similar interests
1c. Run online banner advertising on XYZ sites targeted at target audience in the evenings
1e. Sponsor local sporting events
3a. Email existing customers with referral % deal for new customers
3b. Print vouchers added to all orders sent out this month
3c. Invite a friend to enter mechanism (opt-in email data capture)
4a. Add attractive deals to the cart automatically (worth around 10% of transaction value)
4b. Increase the Free Delivery Threshold from eur 35 to eur45
4c. Add gift wrapping options to the cart (with images of premium gift packaging)
4d. Up-sell services like same day deliver/ 1 h delivery
Setting objectives
In order for strategy to be effective we need to outline goals and know the
audience.
GOALS= OBJECTIVES
Eg: Increase retention levels from 50% to 75% within 18 months. Acquire 15 new
customers every month for 12 months.
How to set SMART objectives
SPECIFIC
Your goal should be clear and specific, otherwise you won't be able to
focus your efforts or feel truly motivated to achieve it. When drafting
your goal, try to answer the five "W" questions:
Example
• Imagine that you are currently a marketing executive, and you'd like
to become head of marketing. A specific goal could be, "I want to gain
the skills and experience necessary to become head of marketing
within my organization, so that I can build my career and lead a
successful team.”
How to set SMART objectives
MEASURABLE
It's important to have measurable goals, so that you can track your
progress. A measurable goal should address questions such as:
• How much?
• How many?
• How will I know when it is accomplished?
Example
You might measure your goal of acquiring the skills to become head of
marketing by determining that you will have completed the necessary
training courses and gained the relevant experience within five years'
time.
How to set SMART objectives
ACHIEVABLE
Example
You might need to ask yourself whether developing the skills required
to become head of marketing is realistic, based on your existing
experience and qualifications. For example, do you have the time to
complete the required training effectively? Are the necessary resources
available to you? Can you afford to do it?
How to set SMART objectives
RELEVANT
Ensure that your goal matters to you, and that it also aligns with other relevant
goals
A relevant goal can answer "yes" to these questions:
• Does this seem worthwhile?
• Is this the right time?
• Does this match our other efforts/needs?
• Am I the right person to reach this goal?
• Is it applicable in the current socio-economic environment?
Example
You might want to gain the skills to become head of marketing within your
organization, but is it the right time to undertake the required training, or work
toward additional qualifications? Are you sure that you're the right person for the
head of marketing role? Have you considered your familly goals? For example, if
you want to start a family, would completing training in your free time make this
more difficult?
How to set SMART objectives
TIME BOUND
Every goal needs a target date, so that you have a deadline to focus on
and something to work toward.
A time-bound goal will usually answer these questions:
• When?
• What can I do six months from now?
• What can I do six weeks from now?
• What can I do today?
Example
Gaining the skills to become head of marketing may require additional
training or experience , as we mentioned earlier. How long will it take you
to acquire these skills? Do you need further training, so that you're
eligible for certain exams or qualifications? It's important to give yourself
a realistic time frame for accomplishing the smaller goals that are
necessary to achieving your final objective.
Setting objectives: acquisition, conversion and
retention
SEGMENTATION
TARGETING
POSITIONING
SEGMENTATION
•Define the segments in the market
• Develop customers persona
• Customer experience
TARGETING
• Select online targeting
• Decide on targeting strategy
• •Decide which and how many segments should be targeted
POSITIONING
• Core value proposition
• Online value proposition
• Online marketing mix
Segmentation Targeting Positioning
The STP model helps marketers craft their messaging and develop and deliver
tailored and relevant messages that engage segmented, target audiences.
You can use STP to apply marketing personas and archetypes that help
develop relevant and targeted digital communications.
STP focuses on identifying the most valuable segments and then creating the
right marketing mix and product positioning strategy for those segments.
SEGMENTATION
To create a correct digital marketing strategy, market
segments should be reviewed to assess:
• current market size of value
• organisation's current and future market share within the industry
• needs of each segments (and unmet needs)
• competitor market shares within the industry
• organisation and competitor offers and propositions
• usage of the site and conversion to action through web analytics.
Uber is a global brand yet it goes local. Uber tried to capture the pulse of
every city they are launching their service in and then curating the content
which suited the consumers of that city or country.
UBER - SEGMENTATION. TARGETING.
POSITIONING
Because of the very structure of Uber as a company, there is a huge pricing
advantage to the end customer when they compare Uber taxis vs publicly available
models of transport.
Differentiating targeting and positioning strategy is used by Uber in order to the share
of wallet customer brings in and how to increase wallet size by upselling.
If we want to define the type of positioning is Price related positioning
- “Cost based differentiation”. -> POSITIONING BASED ON PRICE
User benefit based and pricing positioning strategy is used by Uber to attract
customers from different strata of the society. Because day to day travel is a huge
cost to customers, positioning on the basis of economy makes a huge difference in
the mindset of the customers.
NETFLIX -SEGMENTATION. TARGETING.
POSITIONING
Since 2016 Netflix has stopped segmenting its members by geography and
has started treating its 93 million global members as a single, cohesive
audience or a community of members with similar movie and TV show
preferences.
Netflix has always used such clusters of people across boundaries having a
similar taste for TV show genres.
Netflix uses differentiating targeting strategy in order to increase its loyal/
repeat customers through its subscription-based model.
Coherence:
• Campaign film launched on YouTube
• Campaign hashtag #LikeAGirl used across social media
• 60 second ad on TV
• ‘Confidence’ summit partnership
Consistency
• Clear central message
• Advertising referenced the hashtag
• Traffic driven to campaign landing/hub page
Example - Always - #LikeAGirl campaign
Continuity:
• Campaign continued for over two years but all subsequent
campaigns tie back to the ‘LikeAGirl’ message. -> created
a campaign umbrella
Complementary
• The media together had a viral effect and enabled
momentum to grow, meaning the campaign and message
reached a wider audience.
Bibliography
• Chaffey, D and Ellis-Chadwick, F (2012) “Digital Marketing: Strategy, Implementation and Practice”,
Fifth Edition, Prentice Hall.
• Fishkin, R (2013). The T-Shaped Web Marketer
• www.smartinsights.com