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Global Technology Services © 2008 IBM Corporation Effective Online Marketing Strategies May 11, 2012 HKTDC Entrepreneur Day Paul Chu Founder & Managing Director, RedWolf Airsoft Chairman, Entrepreneur’s Organization Hong Kong “It doesn’t need to cost a fortune”

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Global Technology Services

© 2008 IBM Corporation

Effective Online Marketing Strategies

May 11, 2012HKTDC Entrepreneur Day

Paul ChuFounder & Managing Director, RedWolf AirsoftChairman, Entrepreneur’s Organization Hong Kong

“It doesn’t need to cost a fortune”

RedWolf Airsoft

Page 2

What business am I in? Founded in 1998 Offices in 3 continents Specialize in Airsoft / War Game

equipment Retail, wholesale & private label Our customers include recreational

war gamers, police & military, and movie productions

“Founded the company on zero budget and had to find

a low cost marketing technique”

“Founded the company on zero budget and had to find

a low cost marketing technique”

Mission Impossible III

Lord of War

Triple Tap

Overheard 2

RedWolf Airsoft

Who & Where Are Your Customers?

Page 3

Do you know what I want?

Do you know where I spend most of my time & money?

What are my dreams, aspirations & fantasies?

Do you know how to talk to me in my language?

With limited resources, you need to spend time on activities

with fastest payoff!

RedWolf Airsoft

Be The Expert – Make A Name On The Right Forums

Page 4

RedWolf Airsoft

Facebook Taking A Lot of Customer’s “Share of Time”

Page 5

Contests &Giveaways

Refer friends

Interact withcustomers & create

social platform

Createmanufacturer

Sites

RedWolf Airsoft

New Social Sites Allow Unprecedented Targeting

Page 6 EMBA Strategic Marketing

RedWolf Airsoft

But Make Sure Your Target Country Uses Facebook

Page 7

RedWolf Airsoft

Gary Vaynerchuk Effect – From Nobody To Super Star

Page 8

RedWolf Airsoft

Viral Videos – A Biological Weapon!

Page 9

Funny

Resonates

Involving

RedWolf Airsoft

Videos Are Effective Brand Builders

Page 10

Weekly Video(Fresh)

Contests

AnswerCustomer Q’s

Relevant

RedWolf Airsoft

Set Up Costs Are Low – Creativity Is The Hard Part

Page 11

RedWolf Airsoft

Some Tips on What Videos To Make

How to… Top 10… 10 Best… 10 Worst… Top 5 Myths… The Most

Misunderstood… Why… etc

Page 12

People like buying from Experts

So position yourself as such

It’s all about

“INFOtainment”

Some things are funny

in any language

Spicy or Nasty

Middle of the road = boring

RedWolf Airsoft

Let Other High Profile Youtubers Review Your Product

Page 13

RedWolf Airsoft

Use Alexa.com – See Where Eyeballs Are Going

Page 14

RedWolf Airsoft

Banner Ads Are Expensive with Questionable Effect

Page 15

RedWolf Airsoft

Affiliate Marketing

Page 16

Affiliate Marketer $

$

Expensive setup costs Effectiveness depends on the

marketer’s expertise & network Some level of IT proficiency

required Some do themselves instead of

outsourcing

RedWolf Airsoft

Use eBay to Build Customer Base

RedWolf Airsoft

Ask The Customer

Page 18

RedWolf Airsoft

Branding & Perception Go A Long Way

Mavens & Salesman – The Social Network Define your market segment and stay focused (premium) Once you go down, you can’t go back CEO & Employees are walking billboards for the company Do not underestimate perception

Page 19

German Quality? Japanese High Technology? Japanese Quality / Durability?

RedWolf Airsoft

Great Books To Read

Page 20

How do some ideas or

brands spread and grow like

wild fire?

Hint: It doesn’t happen by chance

RedWolf Airsoft

Get On Cameron Herald’s Mailing List

Page 21

Cameron Herald (Backpocket COO) is one of North America's most innovative business visionaries.

As COO of 1-800-GOT-JUNK, he led a company which ranked #2 Best Employer to work for in Canada, growing the company from $2 million to $105 million in six years.

www.backpocketcoo.com

RedWolf Airsoft

Now Go & Market Your Biz!Paul Chu

[email protected]

www.eonetwork.org

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