Making Internet Marketing Work

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    Making Internet Marketing Work

    Shyam Malhotra

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    Session One

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    Introduction

    Shyam Malhotra

    Yourselves

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    Evaluation Methodology

    End term quiz of 33 %

    Group Presentations/ Project of 33 % Formation of groups

    Attendance 33 %

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    For the Next Session

    Each group to choose a business

    Discussions / presentations would be ingroups

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    Course Objective

    To understand importance of Internet

    Marketing Judge its applicability in different situations

    How to make it work?

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    Coverage

    Digital Marketing What is it ? Why is it important ? How is it different ? Who can use it ? To make it work

    Company Website Functionality Design Driving Traffic Managing transactions

    Other websites Selection Forms of advertising

    Search engines What do they offer Which ones to use ? How to use them ?

    Emails

    Design

    Building the lists

    Spam laws Electronic exchanges

    What are they ?

    How to use them ?

    Service Enhancements / CRM

    Providing Interface

    Data collection & usage

    SMS Usage

    Integration

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    What is Internet Marketing?

    Applying marketing principles to new internet / digitalvehicles of communication

    Options include the net and mobile phones

    Both use technology

    This course focuses on the net & associatedtechnologies

    Applicable to all areas of customer interactionintroducing, selling & servicing

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    03-05-2012 Source : emarketservices.com9

    E-business

    In general, e-business is used in thebroadest sense. It includes buying andselling on-line, but also other aspects of on-line business activity, such as purchasing,tracking inventory, managing production andhandling logistics, customer support

    services, supply chain management andcollaboration

    .

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    03-05-2012 Source : emarketservices.com10

    Stages of e-BusinessE Business

    E Commerce

    Integration

    Transaction

    InteractionInformation

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    Internet Marketing Span

    Market Research

    Lead Generation

    Presale support

    Postsale support

    Image Building

    Information sharing

    Environment Scan

    TransactionManagement

    Training

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    Why is it important ?

    "I do not believe you can do today's job with

    yesterday's methods and be in businesstomorrow."- Nelson Jackson

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    Why is it important?

    Growth - Quantitative

    Impact Qualitative Change in fundamental ways we do things

    Technologies that are spawning independentapplications

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    Why?

    Cost Cutting

    Competitive edge Acquiring new customers

    Servicing old ones

    New revenue streams from new services /products

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    WORLD INTERNET USAGE AND POPULATION STATISTICS

    World Regions Population( 2010 Est.) Internet UsersDec. 31, 2000 Internet UsersLatest Data Penetration(% Population) Growth2000-2010 Users %of Table

    Africa 1,013,779,050 4,514,400 110,931,700 10.9 % 2,357.3 % 5.6 %

    Asia 3,834,792,852 114,304,000 825,094,396 21.5 % 621.8 % 42.0 %

    Europe 813,319,511 105,096,093 475,069,448 58.4 % 352.0 % 24.2 %

    Middle East 212,336,924 3,284,800 63,240,946 29.8 % 1,825.3 % 3.2 %

    North America 344,124,450 108,096,800 266,224,500 77.4 % 146.3 % 13.5 %

    Latin America/Caribbean 592,556,972 18,068,919 204,689,836 34.5 % 1,032.8 % 10.4 %

    Oceania / Australia 34,700,201 7,620,480 21,263,990 61.3 % 179.0 % 1.1 %

    WORLD TOTAL 6,845,609,960 360,985,492 1,966,514,816 28.7 % 444.8 % 100.0 %

    http://www.internetworldstats.com/stats1.htmhttp://www.internetworldstats.com/stats1.htmhttp://www.internetworldstats.com/stats3.htmhttp://www.internetworldstats.com/stats4.htmhttp://www.internetworldstats.com/stats5.htmhttp://www.internetworldstats.com/stats14.htmhttp://www.internetworldstats.com/stats10.htmhttp://www.internetworldstats.com/stats6.htmhttp://www.internetworldstats.com/stats6.htmhttp://www.internetworldstats.com/stats10.htmhttp://www.internetworldstats.com/stats14.htmhttp://www.internetworldstats.com/stats5.htmhttp://www.internetworldstats.com/stats4.htmhttp://www.internetworldstats.com/stats3.htmhttp://www.internetworldstats.com/stats1.htm
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    Whats in the online shopping kitty?

    In the next six months Indians are most likely to buy Books(41%), Airline ticket/reservations (40%), and Electronicequipment like TV, Camera, etc. (36%) online. Other productsand services that Indians incline to buy in the next six monthsinclude Tours/Hotel Reservations (29%), Event tickets (26%),Clothing/Accessories/Shoes (25%), Computer Hardware (24%),Videos/DVDs/Games (not downloaded) (22%), and Music (notdownloaded) & Computer Software (not downloaded) (both

    21%). From the Nielson Global Online Shopping Report 2010

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    Source

    http://www.iamai.in/Upload/Research/Online

    %20DisplayAdvertisement_39.pdf PwC report 2009

    http://www.iamai.in/Upload/Research/Online%20DisplayAdvertisement_39.pdfhttp://www.iamai.in/Upload/Research/Online%20DisplayAdvertisement_39.pdfhttp://www.iamai.in/Upload/Research/Online%20DisplayAdvertisement_39.pdfhttp://www.iamai.in/Upload/Research/Online%20DisplayAdvertisement_39.pdf
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    The Tools

    The Tools - Plus/Minus/Do/Dont/How to of each Company Websites

    Other Websites Search Engines Email Exchanges

    Blogs / Forums SMS

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    Who can benefit?

    All can benefit in varying degrees

    Those who adapt will benefit Different benefits to

    Information industries

    Service industries

    Manufacturing industries

    Standard vs custom products / services

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    Applicability

    All businesses will be impacted

    Not in a uniform manner At some places fundamental changes will

    occur

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    When?

    Now

    But not in all aspects Which is the most important for you

    Depends on

    Product / service offering

    Readiness of market

    Company need & readiness

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    To make it work

    Nascent field

    Evolving continuosly

    Offers tremendous scope for out of box ideas

    Is more involved than first looks indicateneeds constant integration

    Professionals who understand this will havean edge

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    Session 2

    Building Great Websites

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    Understanding the Internet Mind

    New culture, new communities

    Free in two senses Anonymous

    Global

    Lawless? Gigantic

    Real time

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    Who ?

    Net savvy

    Connected Convenience oriented

    Young

    Impatient Learner

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    Pre start check List

    Is there a strategy?

    Is the company ready? What is needed to make it ready?

    How to integrate into market strategy?

    Investments required?

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    Company Website

    The company website is the first face that thecustomer sees. It has to reflect thecompanies treatment of customers

    It also needs to have a clear objective

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    Company Websites

    Plus

    Serves as identity

    Can span information tointegration

    Can be updatedfrequently

    Low cost Global

    Minus

    Need traffic generation

    Large number Distinctiveness not

    easy

    May not have credibility

    Not easy to maintain

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    Company Websites

    Do

    Have one

    Push it

    Make it useful

    Make it interactive

    Make it addictive Maintain it

    Dont

    Overestimate utility

    Use as informationdump

    Make it complex

    Scrounge Make & forget

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    Setting up websites

    Domain Name which one?

    Server hardware purchase Server software

    Web strategy

    Site Design

    Marketing / maintaining site

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    Functionality Mantras

    Entertain, Educate, Sell

    What is the objective for your business? Giving the right information

    Having the right interactivity

    Building addiction

    Have transactions going

    Integrate with rest of business

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    The Right Information

    Content

    Use selectively

    Use space well

    Update frequently

    Use search methods

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    The Right Design

    Spaces keep white space

    Colors matching , mood , appearance

    Type face - universal Easy Navigation Site Map

    Elements manage numbers

    Scrolls

    Multiple Browser support Focus on ease of use

    Make a fast site

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    The Best Design

    Website should be

    Readable by 99.9 percent

    Attractive to 95 percent

    Impressive to 80 percent

    Amazing to 30 percent

    Useful to 100 percentof your audience

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    The Right Interactivity

    One to one

    Email / Q & A / Live chats

    Many to many

    Groups/chats/forums/discussions

    Limited by speeds

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    Traffic - Attracting / Retaining

    Customers

    Use search engines

    Use email Use links / barters

    Remain in touch

    Advertise site

    Offer extras on site

    Encourage registrations

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    Building Addictivity

    Contests & Prizes

    Sales & Offers Regularly updated content

    Resource centers/links

    Home page / favourite settings

    Serial Information

    Personalize

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    Getting Transactions Going

    Provide selection assistance

    Ability to place orders Secure transactions

    Inventory, Finance other departments

    Needs a high technology focus

    All departments have to be IT enabled

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    Planning for integration

    Customer Integration Capture of information/service handling/ privacy/security

    Company Integration Consistency/completeness/correctness

    Supplier Integration Linkage with systems/applicationsdesign, orders

    Online Offline Integration

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    Avoid

    Broken links

    Too many clicks Pop ups

    Audio / video in excess

    Useless registrations

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    Sample Site

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    Sample Site

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    Sample Site

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    Sample Site

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    Sample Site

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    Sample Site

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    Mind Game 1.2

    What are the BIG FIVE pluses for Internetbased marketing?

    What are the BIG FIVE key enablers to makea great website?

    Use these to start creating your groups

    website

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    Session 3

    Online versus traditional media foradvertising

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    How is it Different?

    Interaction

    Ease of use

    Cost

    Continuity

    One to one, one to many, many to many

    Measurable Multiple Delivery Formats

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    How is it Different?

    Information Loyal vs Surfers

    Color vs B&W Static vs Dynamic

    One way vs Interactive

    Staggered vs Real Time response

    Small vs Large size

    Growing vs Wide reach Targeted vs General reach

    Fixed High vs Low Variable cost

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    How is it Different?

    Transactions

    Ease of completion

    Time to complete

    Safety

    Records

    Privacy

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    How is it Different?

    Integration

    Integration of information and processes

    Customer Integration

    Company Integration

    Supplier Integration

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    Compare with

    Newspapers

    Magazines TV

    Radio

    Direct Mail

    Events / Conferences

    Sales Calls

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    Terminology

    Banner Ads

    Click Throughs Page Views / Unique Visitors

    Impressions

    CPM

    Geotargeting

    Behavioural targeting

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    Websites as media

    Plus

    Response can bemore quantitative

    Messages can betargeted

    Interactivity ispossible

    Have more traffic

    Minus

    Traffic may not be

    relevant

    Traffic measuresevolving

    Loyal visitors limited

    May lack credibility

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    Websites as media

    Do

    Consider use

    Research,consideroptions/use services

    Remember the own

    website points

    Dont

    Ignore completely

    Expect instantresponse

    Judge by low costs

    alone

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    Forms of advertising

    Banners/Islands/Sidebars/Panels

    Pop ups / Pop Unders Interstitials

    Floaters

    Sponsored links

    Site/ Pages/Section capture

    Communities

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    03-05-2012 Source : How Stuff Works66

    Banners

    Come in differentsizes measured inpixels. No standards

    Can support text / gif/ rich media

    Served by Mediaturf/ Doubleclick /Bannerspace etc.

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    03-05-2012 Source How Stuff Works67

    Banners

    Rates started from $ 50 CPM. Are down to 50 cents or lower

    Borrowed from print. Supply and utility pulled rates down.

    Branding power of banners is low Click through rates do not justify the cost

    Targeting and special sites can charge more

    Rates vary tremendously

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    03-05-2012 Source How Stuff Works68

    Banner Ad Sample

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    03-05-2012 Source : How Stuff Works69

    Sidebars Cannot be scrolled

    of the screen

    Provide large size

    Are not natural

    Can command ratesof 23 times top

    banners

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    03-05-2012 Source : How Stuff Works70

    The orange ad in theupper right is 250x250pixels. Ads this size orlarger can be foundwithin the text ofarticles in some cases.

    They act like magazineads that break up thetext to get moreattention.

    Sample Ads

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    03-05-2012 Source How Stuff Works71

    On this page you can see anarrow strip for Netscape at thetop, a standard banner ad, asquare AOL ad mid-page, and

    four smaller ads along thebottom.

    Many Banners

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    03-05-2012 Source How Stuff Works72

    On this page there is a round WSJ button uptop along with ads for Casio, Ubid and RadioShack along the side. At the bottom there aretiny ads for four money sites along with smallads for CareerBuilder.com and WSJ.com.

    Hybrids

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    03-05-2012 Source How Stuff Works73

    Pop Ups Pop-up and pop-under adsannoy and take time to close.

    Whereas a banner ad might gettwo to five clicks per 1,000

    impressions, a pop-up ad mightaverage 30 clicks. Typically, apop-up ad will pay the Web sitefour to 10 times more than abanner ad.

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    03-05-2012 Source How Stuff Works74

    The Norton ad iscompletely

    animated, withfour or five

    moving parts. Thead plays for about

    15 seconds. Notethat it does have a

    "Close" button

    Floaters 1

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    03-05-2012 Source How Stuff Works75

    Floaters 2

    Floating ads are increasing because they getattention, are animated and may sound

    They "interrupt the program" and demandattention. Can take up the entire screen

    Have more branding power

    So far have a high click-through rate, averagingabout 3 percent

    Can command prices upto $ 30 per thousand

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    03-05-2012 Source How Stuff Works76

    A small video adappears in the rightsidebar on this CNN

    page, with sound, andplays for 30 seconds.The reader can controlthe ad with the three

    buttons (Play, Pause,Stop) underneath thead.

    Built In Video

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    03-05-2012 Source How Stuff Works77

    ..and then shrinksto a normal size

    Buttons on the adlet you re-expand it

    if you choose to.

    When you first enter thepage, the banner ad is

    large...

    Contracting Banner

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    Session Four

    Choosing online media vehicles

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    Web Ad Strategy

    Branding?

    Building traffic to website?

    Generating leads?

    Generating sales?

    Geography?

    Age group?

    Income Group?

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    Possibilities

    Media sites

    Newsgroups

    Affliates

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    Web Ad Questions

    Alignment with target market

    What are the optional sites?

    What type of advertising is on offer?

    What is the ad density?

    How is the ad selection done for display?

    What are the costs?

    What are the competitive costs?

    What is my objective?

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    Making Ads Effective

    Post ads on content related pages

    Advertise product/service not site

    Link ad to relevant part of website

    Put ads at the top of the page

    Use simple messages,animated messages

    Invoke curiosity

    Keep ad size small for speed

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    Ad Networks

    Serve ads on many sites

    Provide real time reports with software

    Large number of them available

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    Monitoring the data

    Hits / unique visitors

    Page views / Impressions - CPM

    Click throughs

    Conversion Rates

    Value of orders

    Cost per sale

    Brand issues type of visitor/type of website etc

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    Commercial Information

    http://www.businessworld.in/index.php/Big-Media-Goes-Online.html

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