Module 1
Module 1
Paid media
Media in which there is an investment to pay for visitors/reach/conversions through
search, display or affiliate advt. for eg Sponsored advertisements in search engines,
websites, Facebook, Linkedin and Twitter.Traditional media
Owned media
Media owned by brand. Company’s official website, microsite, social media pages such as
Facebook page, Linkedin page,Youtube channel and Twitter handle. Offline incl. brochures,
retail stores Mobile apps or blogs
Earned media
Publicity that is generated through recommendations and word
of mouth Done by targeting influencers ,stimulations through
social/viral media
Social media engagement such as likes, shares, comments, replies, retweets, favorites etc.
partners like influencers, bloggers, customer advocates play a role
KEY DIGITAL M A R K E T I N G
ACTIVITIES
SAVE: Drives
awareness, Key user tasks
reduces thebrochures
expensive need – customer
for thro concerns SPEAK
direct mail
SIZZLE :Testimoni
als,
KEY DIGITAL M E D I A C H A N N E L S – USED FOR
C O M M U N I C AT I O N
Social listening, on the other hand, gives you a complete overview of all online
conversations related to your brand, products, industry, and competitors. This
holistic approach provides valuable insights that can help you make strategic
decisions about your marketing and social media strategy.
2. Reach- building
awareness of brand 3. Act : Persuade
1. Plan – working on websites/offline site
on STP,OVP to media to build traffic by visitors/prospects to
achieve goals driving visits to take the next step
owned/paid/earned of decision
journey
media
5. Engage- build
4. C onvert – a deep customer
visitor commits
relationships to
to form a
relationship which achieve retention
will goals . Use
generate value advocacy ,recos or
WOM
( sales)
for
engagement
Digital Marketing Strategy
Strategic significance of the digital channels relative to other communications channels
that are used to communicate directly with customers at different customer touchpoints.
E.g.: Some organizations, such as low-cost airlines, use virtual channels, such as
websites and email marketing, for delivering services and communicating with
customers, whereas others may follow a strategy that uses a mix of digital and offline
channels – for example, retailers which use face-to-face, telephone, mobile, direct mail
communications and the web.
Customer touchpoints
Media
Product Influence
consumpti
on selection rs
THEY ARE CHANGING
Supermarket Control
New value Affiliate
s become mechanis
banks networks links
m
A Marketplace map summarises the main audience types,
competitors for traffic and traffic flows between them.
OLD MODELS BEING REPLACED…
THE NEW DISRUPTIVE GAME:
COMPETITION
• The rivalry is heating up because entry and exit
barriers are going down due to the comparative low-
cost of digital business models, and in many cases new
entrants do not even need to own physical assets or
infrastructure. In particular, the “platform” model is
seeing considerable success in the marketplace by
simply connecting stakeholders and applying a set of
peripheral services to enhance the customer
experience.
• They’re leveraging the familiar social, mobile,
analytics and cloud technologies, but are often adding
in personas and context, intelligent automation, the
Internet of Things, and cybersecurity to further
enhance the value proposition of their platform.
THE NEW DISRUPTIVE GAME-The threat of substitutes
Extra reading :
https://corbettbarr.com/online-business-revenue-models-for-lifestyle-en
trepreneurs/
ATTRIBUTION MODEL
• Once you’ve set up the customer journey, you need to find the points
where your customers interact with your brand. These points are
called touchpoints and it’s there that you help them accomplish their
goals, and thus, these points define your user experience.
• By mapping these touchpoints, you can monitor the customer journey
as well.
• You can also group the touchpoints for each stage of the customer
journey to get deeper insights. Your first touchpoint will, of course, be
your website.
ATTRIBUTION
• Today, people will visit your site several
times prior to converting. They'll find
your blog post, return directly a week
later, and click a retargeting ad the next
day. Then, they will finally convert!
• So the question is: which marketing
channel gets the credit? Was your blog
responsible for the sale? Or was it your
Facebook Ad?
• EVEN THE NON DIRECT CLICK MODEL
SHOULD RECEIVE CREDIT
• “an attribution model is the rule, or set of
rules, that determines how credit for
sales and conversions is assigned to
touchpoints in conversion paths.”
Google Ads offers several attribution models:
1. Last click: Gives all credit for the conversion to the last-clicked ad and corresponding
keyword.
2. First click: Gives all credit for the conversion to the first-clicked ad and corresponding
keyword.
3. Linear: Distributes the credit for the conversion equally across all ad interactions on the
path.
4. Time decay: Gives more credit to ad interactions that happened closer in time to the
conversion. Credit is distributed using a 7-day half-life. In other words, an ad interaction 8
days before a conversion gets half as much credit as an ad interaction 1 day before a
conversion.
5. Position-based: Gives 40% of credit to both the first and last ad interactions and
corresponding keywords, with the remaining 20% spread out across the other ad
interactions on the path.
6. Data-driven: Distributes credit for the conversion based on your past data for this
conversion action. It's different from the other models, in that it uses your account's data to
calculate the actual contribution of each interaction across the conversion path. Note: This is
only available to accounts with enough data.
You own a restaurant called Ristorante Abigaille in Florence, Italy. A customer finds your site by clicking on your ads after
performing each of these searches: "restaurant tuscany," "restaurant florence," "3 star restaurant florence," and then "3 star
restaurant abigaille florence." She makes a reservation after clicking on your ad that appeared with "3 star restaurant abigaille
florence."
•In the "Last click" attribution model, the last keyword, "3 star restaurant abigaille florence," would receive 100% of the credit
for the conversion.
•In the "First click" attribution model, the first keyword, "restaurant tuscany," would receive 100% of the credit for the
conversion.
•In the "Linear" attribution model, each keyword would share equal credit (25% each) for the conversion.
•In the "Time decay" attribution model, the keyword "3 star restaurant abigaille florence" would receive the most credit
because it was searched closest to the conversion. The "restaurant tuscany" keyword would receive the least credit since it was
searched first.
•In the "Position-based" attribution model, "restaurant tuscany" and "3 star restaurant abigaille florence" would each receive 40%
credit, while "restaurant florence" and "3 star restaurant florence" would each receive 10% credit.
•In the "Data-driven" attribution model, each keyword would receive part of the credit, depending on how much it contributed to
driving the conversion.
Source : https://support.google.com/google-ads/answer/6259715?hl=en
Types of online consumers
1. One who know exactly what he/she
wants and nothing is going to get in
their
2. One who has pretty good idea but
she/he would buy if it is presented
well- MOTIVATED
3. One who does not have anything
specific in mind but would buy if you
could prompt them hit the right link
4. One who landed on your website by
mistake and has zero motivation
5. Dad finds it a pain, daughter finds it
pretty easy!
How the cultural traits can be utilized?
• Email marketing
• Website design
• Images
• Navigation
• Offers
• Payment options
• Trust , security and privacy
The elements may vary with type of
product or activity…
1. Seek product info
2. Surf/browse
3. Look up facts
4. Plan travel
5.
6.
Buy
Download music/games
content
7.
8.
Bank online
Look for jobs
design
9.
10.
Study material
Chat
information
11. Read blogs
Website : Never leave your prospect
stranded anywhere on website!
• Site loading time
• Colour
• Consistency
• Typography
• Graphics
• Frames (scrolling efforts?)
• Images
• Interface
• Storytelling
• Navigation : headers and filters(persuasion
architecture)
• Broken links
The online value
proposition (OVP) could
be described as
the addition of online
value that a web offers
to its customers or
potential clients to
differentiate itself from
other competitors.
Added value
(online)
• Reviews and recommendations
• Collaborative filtering
• Online customer
service/chatbot
• 360 degree product viewing
• Tailored responses
• Online seminars
• Online demonstrations
• Unboxing
Use of social communities
• Build personal relationships and networks of trust.
• Bring together people with common interests or profiles.
• Engage these specific groups of people.
Depending on the goals you want to serve and the target groups you
want to engage, there are different types of online communities. The
outcomes we strive for when engaging a community aim to fulfill
several marketing and business objectives. Depending on these
objectives, online communities will require more or less resources,
dedication and value.
Persona construct : its creative
scientific storming!
• A person
a is a const
fleshed out ruct,a chara
from cter
demograph
ic,psychogr
topological aphic and
factors
• A buyer
persona is a
that repres fictional pro
ents a segm file
target audie ent of your
n
what they v ce — who they are,
a
concerned lue, and what they ’re
about. It ty
includes inf pically
ormation li
demograph ke
ics, attitude
and behavi s, interests
ors.