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BDMM 4336 Digital Strategy Class 4 Fall 2011 @AndreaGenevieve [email protected] Digital Marketing Strategy Plan for a beginning, middle and end. A strategy is a formal PLAN

Digital Marketing Strategy- Class 4

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Page 1: Digital Marketing Strategy- Class 4

BDMM 4336

Digital Strategy

Class 4

Fall 2011

@AndreaGenevieve

[email protected]

Digital Marketing Strategy

Plan for a beginning, middle and end.

A strategy is a formal PLAN

Page 2: Digital Marketing Strategy- Class 4

BDMM 4336

Digital Strategy

Class 4

Fall 2011

@AndreaGenevieve

[email protected]

Before you start..

Ask the following:

• Who is my audience?

Do they use technology?

• What are my products?

Will they benefit from tech?

• What other marketing channels will

I use?

• What is my budget and timeline?

Page 3: Digital Marketing Strategy- Class 4

BDMM 4336

Digital Strategy

Class 4

Fall 2011

@AndreaGenevieve

[email protected]

No Magic Formula

Page 4: Digital Marketing Strategy- Class 4

BDMM 4336

Digital Strategy

Class 4

Fall 2011

@AndreaGenevieve

[email protected]

Lay A Foundation

• Know your business

• Know the competition

• Know your customers

• Know what you want to achieve

• Know your current portfolio

• Know how much time and resources

you have

Page 5: Digital Marketing Strategy- Class 4

BDMM 4336

Digital Strategy

Class 4

Fall 2011

@AndreaGenevieve

[email protected]

Online Consumers

Consumer 2.0 is involved.

They customize the web.

Consumers will always require

attention.

You job will be to dialogue dance

through sales funnel.

Page 6: Digital Marketing Strategy- Class 4

BDMM 4336

Digital Strategy

Class 4

Fall 2011

@AndreaGenevieve

[email protected]

Consumer Traits

Techy, Search Savy, Controlling, Picky, Impatient, Vocal

Page 7: Digital Marketing Strategy- Class 4

BDMM 4336

Digital Strategy

Class 4

Fall 2011

@AndreaGenevieve

[email protected]

Types of Consumers

Loyal: Represent no more than 20%

Discount: Decisions made based on

markdown

Impulse: No particular item in mind,

purchased is on a whim

Need-based: Specific intention to buy

Wandering: No specific need, looking

for an experience or community

Page 8: Digital Marketing Strategy- Class 4

BDMM 4336

Digital Strategy

Class 4

Fall 2011

@AndreaGenevieve

[email protected]

4 New Consumer Types

• Steadfast Frugalists

• Involuntary Penny-Pinchers

• Pragmatic Spenders

• Apathetic Materialists

PR Newsire Article

Page 9: Digital Marketing Strategy- Class 4

BDMM 4336

Digital Strategy

Class 4

Fall 2011

@AndreaGenevieve

[email protected]

4 P’s of Marketing

PRODUCT

PLACE

PRICE

PROMOTION

Page 10: Digital Marketing Strategy- Class 4

BDMM 4336

Digital Strategy

Class 4

Fall 2011

@AndreaGenevieve

[email protected]

4 P’s of Marketing

PROMOTION:

1.Web

2. SEO

3. PPC and Search

4. Affiliate

5. PR

6. Social Media

7. Email Marketing

8. CRM

Page 11: Digital Marketing Strategy- Class 4

BDMM 4336

Digital Strategy

Class 4

Fall 2011

@AndreaGenevieve

[email protected]

Know Your Goals

S.M.A.R.T

Specific

Measurable

Attainable

Relevant

Timely