Professional Documents
Culture Documents
Module 2 – Class 2
1 2 3 4 5 6
Options for
Options for Options for Conducting Speed of new Speed of new
changing the
varying the offering digital Research product product
extended
core product products online development diffusion
product
Mass Customization
Tipping Point
Using the science of social epidemics explains principles that underpin
the rapid spread of ideas, products and behaviours through a
population.
Branding
Brand equity
The assets (or liabilities) linked to a brand’s name and symbol that add to (or subtract
from) a service.
Brand experience
The frequency and depth of interactions with a brand can be enhanced through the
Internet.
Brand identity
The totality of brand associations including name and symbols that must be
communicated
Brand Experience
1. Information Rich
The frequency and 2. Dynamic
depth of interactions 3. Characteristics by
with a brand can be excessive information
enhanced through flows
the Internet. 4. Technologically
Morgan-Thomas and Veloutsou, 2013
innovative
Critical Brand Elements
new pricing approaches (including dynamic pricing, Measure of consumer behaviour that indicates the
price testing and auctions); change in demand for a product or service in
response to changes in price. Price elasticity of
demand is used to assess the extent to which a
change in price will influence demand for a product.
https://twitter.com/Econsultancy/status/564644407903678464/photo/1
Multi channel communications
Mix mode buying
Role of different tools
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1.2 Set vision and 2.2 Search marketing 3.2 Data profiling 4.2 Personalization 5.2 Customer
objectives experience
1.3 Define strategy 2.3 Owned media 3.3 Content marketing 4.3 Mobile experience 5.3 Customer service
1.4 Segmentation 2.4 Paid media 3.4 Landing pages 4.4 Multichannel selling 5.4 Email marketing
1.5 Proposition 2.5 Acquisition plan 3.5 Content strategy 4.5 CRO 5. Social media
and campaign plan marketing
These are the 25 activities that, together, form your digital strategy covering the entire RACE Planning framework.
These are the minimum we recommend for a comprehensive, actionable digital marketing strategy.
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FB LinkedIn Google
Search
Display
Video
REACH
Reach involves building awareness of a brand, its products, and services on other websites and
in offline media in order to build traffic by driving visits to different web presences like your main
site, microsites or social media pages. It involves maximizing reach over time to create multiple
interactions using different paid, owned and earned media touchpoints.
ACT
Act is short for Interact. It’s a separate stage since encouraging interactions on websites and on
social media to generate leads is a big challenge for online marketers. It’s about persuading site
visitors or prospects to take the next step, the next Action on their journey when they initially
reach your site or social network presence.
CONVERT
This is conversion to sale. It involves getting your audience to take that vital next step to turn
them into paying customers whether the payment is taken through online e-commerce
transactions or offline channels.
ENGAGE
This is a long-term engagement that is, developing a long-term relationship with first-time buyers
to build customer loyalty as repeat purchases using communications on your site, social
presence, email and direct interactions to boost customer lifetime value. It can be measured by
repeat actions such as repeat sale and sharing content through social media. We also need to
measure the percentage of active customers (or email subscribers) and customer satisfaction
and recommendation using other systems.
Measuring RACE
Example of RACE
A vehicle dealer wants to sell 500 units of a new hybrid model car.
He has called a pitch for agencies to produce a outlined digital strategy on this project.
Hot Rising
Ceylon Tea Tea
Beverages Topics
Search Trends to understand the opportunity
Live Brief |Find consumer behavior on “Ceylon Tea”
“Tea” Specific Behaviors
Behavior
Product
Convenience DIY Shopping Need specific
Range
Search Quires
Red raspberry
Bubble tea How to make Slpeeytime
Coco milk tea leaf tea
near me tea tea
Walmart
Opportunity
Red raspberry
How to make Bubble tea Green Tea
Ceylon Tea leaf tea
tea near me Reviews
Walmart
Characteristic of IMC
4C’s of IMC by Pickton & Broderic
Source : https://www.youtube.com/watch?v=BMSAN-3fHJ8
They create meaningful stories…
Coca-Cola conversations model
Source : SmartInsights
A simple and a meaningful architecture.
Realistic connected plan
Direct
Targeted Search
OV FB Posts Placeme Programmatic Geo Centric FB
Display Ads
nts
Sales Team
TV Search Website
LOYALTY
Radio
Call Lead
Form Outlet CRM Relationship
Center
Marketing
Print Awareness
FB Page
OOH
Earned
Direct Media
Mail
Content Marketing +
Influencer Marketing
Paid Owned Earned
Plotting media & Channels
TV
Call Center
Radio
call
Newspaper
Remarketing
across digital
Magazine
platforms
OOH QR to Website
SEO
Search Targeted
Ads Display
CTR
Search URL
Engage
URL CRM
Reach
Purchase
QR
FB Page FB Ads
Share
Big difference comes with “moment marketing”
Connecting behavior insights with content
“Tea” Specific Behaviors
Behav