Internet Marketing - Customer Acquisition and Branding

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    Page 1Prof. Rushen Chahal

    CUSTOMER ACQUISITION

    AND BRANDING

    Prof. Rushen Chahal

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    Page 2Prof. Rushen Chahal

    THE GOAL IS

    TO ACQUIRE NEW CUSTOMERS

    THAT CAN BE MADE

    INCREASINGLY PROFITABLE

    OVER TIME.

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    Page 3Prof. Rushen Chahal

    CUSTOMER ACQUISITION

    TOOLS

    7-3

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    Page 4Prof. Rushen Chahal

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    Used with permission

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    Page 5Prof. Rushen Chahal

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    SEARCH

    Directories

    Yahoo!, LookSmart, The Open

    Directory Project

    Search Engines

    Google, MSN,AOLAlta Vista

    Keywords

    Meta Tags

    Title Tags

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    Page 6Prof. Rushen Chahal

    INTERNET ADVERTISING BY

    TYPE

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    Page 7Prof. Rushen Chahal

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    BEYOND THE

    BANNER

    ORIGINAL BANNER UNITS

    468 x 60 IMU Full Banner

    234 x 60 IMU Half Banner

    120 x 240 IMU Vertical Banner

    120 x 90 IMU Button #1

    120 x 60 IMU Button #2

    125 x 125 IMU Square Button

    88 x 31 IMU Micro Button

    NEW IMUs

    120 x 600 IMU Skyscraper

    160 x 600 IMU Wide Skyscraper180 x 150 IMU Rectangle

    300 x 250 IMU Medium

    Rectangle

    336 x 280 IMU Large Rectangle

    240 x 400 IMU Vertical Rectangle250 x 250 IMU Square Pop-up

    Source: www.iab.net

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    Page 8Prof. Rushen Chahal

    CONVERSIONS FROM ALL

    SOURCES

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    Page 9Prof. Rushen Chahal

    COMPARISON OF

    EFFECTIVENESS

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    Page 10Prof. Rushen Chahal

    ADVANTAGES OF E-MAIL

    MARKETING Can Be Developed Quickly

    Content Is Flexible, Including HTML And

    Rich Media

    Distribution Is Controllable By Marketer

    Can Be Tested And Revised For

    Effectiveness

    Inexpensive

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    Getting Good Opt-In Lists IsAn Issue

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    Page 11Prof. Rushen Chahal

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    PERMISSION MARKETING

    Opt-Out

    OPT-IN

    Double Opt-In

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    Page 12Prof. Rushen Chahal

    A PERMISSION MARKETING CAMPAIGN

    Multiple Steps Over Time

    Offer Reason/Incentive To Respond

    Response To Offers Affects Timing Or

    Content Of Subsequent Step

    Final Call To Action For Measurability

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    CALLED CURRICULUM MARKETING INDRM

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    Page 13Prof. Rushen Chahal

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    OTHERONLINE TECHNIQUES

    Affiliate Programs

    Portal Deals

    Viral Marketing

    www.ideavirus.com

    Inexpensive

    Expensive

    Hard To Execute

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    Page 14Prof. Rushen Chahal

    NON-TRADITIONAL PROMOS

    Events

    Public Relations

    Product Placements

    Sponsorships

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    Page 15Prof. Rushen Chahal

    COMPARATIVE ACQUISITION

    COSTS

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    Page 16Prof. Rushen Chahal

    BRAND DEVELOPMENT7-16

    Awareness

    Familiarity

    Positive Imagery

    Completed Transaction

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    Page 17Prof. Rushen Chahal

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    B

    RAND B

    RANDEQUITY

    BrandAwareness

    BrandRecognition

    BrandRecall

    Brand Image

    Favorability

    Strength

    Uniqueness

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    Page 18Prof. Rushen Chahal

    ONLINE BRANDING TOOLS

    Personalization

    Collaboration

    Purchase-Process Streamlining

    Self-Service

    Do-It-Yourself Product Design Dynamic Pricing

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    Page 19Prof. Rushen Chahal

    COMPARISON OF

    EFFECTIVENESS -ONLINE VERSUS OFFLINE

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    Page 20Prof. Rushen Chahal

    STRATEGIC SUMMARY

    Continued Customer Acquisition Essential

    Growth, Profitability

    Retention Less Expensive Than Acquisition(Ch8)

    Use Multiple Acquisition Techniques Online And Offline

    Cost Effectiveness Matters CLV

    Branding Is Possible On The Internet

    Create New Brands

    Support/Strengthen Existing Brands

    Online and Offline Techniques Differentially

    Effective

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