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Copyright © 2013 by IQ Agency CONNECT, CULTIVATE, CONVERT A Model for the New Marketing IQ Agency 2015

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Copyright © 2013 by IQ Agency

CONNECT, CULTIVATE, CONVERTA Model for the New Marketing

IQ Agency 2015

Copyright © 2014 by IQ Agency

TABLE OF CONTENTS

2

A New Model

Connect

Cultivate

Convert

1

2

3

4

02

04

16

24

Copyright © 2014 by IQ Agency 3

Digital has made marketing pretty complicated. So it’s useful to be able to connect all the dots into a single picture.

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A SIMPLE MODEL

Copyright © 2014 by IQ Agency 5

Copyright © 2014 by IQ Agency 6

STEP ONE: GET NOTICED

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Getting noticed has always been the job of advertising, but advertising is not what it used to be.

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Piece by piece the internet has changed everything about buying and selling.

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• In the past advertising was used to get awareness, make the pitch and deliver qualified buyers

• Now that is often more effective in digital channels

• This means advertising should not try to do all the pitch work anymore

• Advertising should drive people to “owned” digital channels where you can do it much better

DRIVE TO DIGITAL

Copyright © 2014 by IQ Agency 10 * McKinsey & Co

Forget the funnel. The consumer journey is very different now.

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CONSUMER DECISION JOURNEY

11

DREAM DO

ENJOY

* McKinsey & Co

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MAP THE JOURNEY• The Consumer Decision

Journey tells you where and when to connect

• Plot the Consumer Decision Journey for each target audience segment or persona

• Identify the key touch points where you should engage

• The Consumer Decision Journey is your guide throughout the customer lifecycle

* McKinsey & Co

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GETTING ATTENTIONConsumers are more demanding and ads alone are not enough anymore. So what are your choices?

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PAID MEDIA*• Traditional paid media is

expensive but still valuable for branding and drive to web

• Digital paid media has the advantage of connecting the viewer with a click

• Paid search captures already active prospects and should be at the top of the list

• Use Paid media only after you’ve maximized Owned & Earned media

* banner ads, TV, radio, print

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OWNED MEDIA* • Maximize your owned media

first

• Point all marketing to your Owned media where you can tell your strongest story

• Social media has the highest influence and trust

• Your Brand Ambassadors spread awareness

* brand website, blog, Facebook and other owned social sites

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EARNED MEDIA* • More than press & PR

• Social is earned

• More likely to create viral and Word Of Mouth

• Influences trust and reputation

* PR, press, social mentions on non-owned social sites, content syndication

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INTEGRATE • All media, channels and

touch-points have to work together

• Each tactic influences the others regardless of channel

• Planning must be channel agnostic

• Execution must be integrated

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STEP TWO: TURN AWARENESS INTO BRAND PREFERENCE

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Most people are not ready to buy, they need to be cultivated. If a brand waits until the buyer is ready to buy, it’s too late.

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BRANDS ARE NOT IN CHARGEConsumers are the boss so the only way to win is to super serve them.

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BE VALUABLE• Consumers don’t want ads

• They want entertaining, useful, informative content

• Content keeps consumers connected to your brand

• The more personally relevant the content, the more valuable it is

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CAPTURE & LEARN • Accumulate consumer data

to enable more relevant, personalized content

• A CRM* program gets smarter about consumers over time

• A CRM database is a critical marketing asset

• Content driven permission email is the heart of a CRM program

* Customer Relationship Marketing

23

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POWER TO THE PEOPLESocial communities empower the individual with knowledge and influence

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ENABLE TRUST• Social perception drives

brand preference

• Compelling content influences social communities

• Responsive customer service in social is a prerequisite for a trusted brand

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STEP THREE: CLOSE THE DEAL

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Convert prospects into qualified leads and deliver to sales. Convert customers into brand ambassadors.

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SALES MACHINESThe next best thing to a great salesperson is a great digital experience

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FOCUS YOUR WEBSITES ON CONVERSION• You have the most control

of your pitch on your brand websites and your social sites.

• It’s where you can make your most compelling case

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THREE PRIMARY SITE MISSIONS

• Shepherd prospects through the value proposition and deliver leads to sales

• Capture prospects into your CRM program and Marketing Automation

• Quickly siphon off all other constituencies to an appropriate experience

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MARKETING AUTOMATION• Marketing Automation

enables personalized communications to prospects

• Tracks activity at the individual level on “owned” media: your website, blog, email etc.

• Provides Marketing Qualified Leads (MQLs) to sales

• Supports attribution

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MAKE CONVERTS

Give your customers reasons to be happy and then ways to spread the joy

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BRAND AMBASSADORS• Brand Ambassadors spread

their enthusiasm and create new prospects and customers

• Enable, equip and motivate these ambassadors to spread their opinions

• Make it easy for them to share in social networks

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CONTENT IS KING ...Queen and the entire court. Brands are in the content business like it or not.

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THE NEW CURRENCY • Content is the currency of

today’s marketing

• Includes video, apps, tools, games, contests, articles etc.

• Content is part of every stage: Connect, Cultivate and Convert

• Invest in a content strategy

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STRONG CONTENT EQUALS STRONG BRAND

• Brands must constantly publish new content to stay fresh and top-of-mind

• Content must be engaging, informative and entertaining – often at the same time

• Content must differentiate the brand

• Consumers expect high quality content

• Content is a big challenge

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CONTENT STRATEGY IS ESSENTIAL

• Mapping the Consumer Decision Journey tells you when and where to talk to consumers

• Content Strategy tells you what to say and how to say it

• Each touchpoint and persona require different messaging strategies

• A Content Strategy considers the evolution of perception through the journey

• Guessing doesn’t work

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DATA RULES But the value is in deciphering what the data means

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THE HUMAN ANALYST

• Get metrics for everything

• Analytics are the interpretation of metrics by analysts

• Analysts find the story in the data

• Analytics enable consumer and product insights

• Results in better attribution & ROI

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THE DASHBOARD• Combining data and analytics from

multiple sources into a single dashboard gives you a holistic view

• A dashboard gives planning and strategy a long view

• Integrating analytics reveals hidden trends and insights

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Connect, Cultivate, Convert; an easy to understand, easy to explain model for the complex new marketing.

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Copyright © 2014 by IQ Agency

THANK YOU For more information Call Zevi Soloman at 678-449-2008 [email protected]

www.iqagency.com