introduction to digital marketing

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An Introduction to Digital Marketing Why Digital Matters - How to Proceed - When to use Third Party Solutions June 2010 Walter Kitchenman [email protected]

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Part of a series on Global Information Management. Provides a high level view of why digital strategies are added to marketing arsenals,best practice implementations, and what Third Party Solutions offer.

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Page 1: Introduction to Digital Marketing

An Introduction to Digital Marketing

Why Digital Matters - How to Proceed - When to use Third Party Solutions

June 2010

Walter Kitchenman

[email protected]

Page 2: Introduction to Digital Marketing

Part of a Series on Global Information Management

This presentation is part of a series of work by Walter Kitchenman

(http://www.linkedin.com/in/wkitchenman) covering the importance and use of Information.

Earlier studies documented the availability, use and benefits of shared consumer and other

data and how such transparency shapes businesses globally; inhibitors to sharing information

resources within large organizations; and solutions for implementing Best Practice Information

Products and Knowledge Management.

Page 3: Introduction to Digital Marketing

2

• Identify steps and processes that underpin successful Digital Campaigns

• Explain how Digital and Traditional Campaigns and metrics are integrated

• Advise on the use of Third Party Vendors in the fluid Web 2.0 Universe

.

Purpose

This presentation describes the importance of adding a well-conceived

Digital Strategy to the marketing arsenal and provides a general overview

of Best Practice Digital Campaigns and Third Party solutions providers.

Page 4: Introduction to Digital Marketing

Agenda

1. Overview …..………………………………………………………….. 3

2. Phases ………………………………………………………………. 15

3. Processes ……..……………………………………………………..…. 23

4. Marketing 2.0 .………………………………………………………….. 38

5. Vendor Assessment …………………………………………………… 45

6. Summary ………………………………………………………………… 51

3

Page 5: Introduction to Digital Marketing

OVERVIEWIntroduction to Digital Marketing

4

Page 6: Introduction to Digital Marketing

What are Some Well Known Digital Assets?

1. iPhone Apps (Mobile)

2. Proprietary Web Sites

3. Campaign-Focused Marketing Pages

4. Facebook

5. Linkedin

6. WordPress

7. MediaWiKi

5

The practices and user communities of some emerging Mobile and Social

Networks make them more suitable to some Campaigns than others.

OVERVIEW> DEFINITIONS

A Few Important Emerging Digital Marketing Channels

Page 7: Introduction to Digital Marketing

6

• Two thirds of US consumers are online

• Mobile and internet technologies are being adopted even faster outside the US

• Digital Marketing campaigns are measurable (assuming data is reliable)

• Online tools and analytics are better for direct response

• Online campaigns may generate more immediate sales

• Online tools and analytics are less expensive than traditional methods

• Numerous Third Party Solutions are available to help manage digital

campaigns, determine their effectiveness and target dollars

Why Digital Marketing

Online spending is only about 5% of ad dollars today but is projected to

reach 21% of US marketing dollars by 2014 (US$55 billion).*

* Source: Forrester Research

OVERVIEW> DEFINITIONS

Page 8: Introduction to Digital Marketing

What is Digital Marketing?

• Traditional media including radio, TV, billboard and print, yields

response/reaction data collected, analyzed and acted upon after a campaign

• Digital marketing provides for immediate reporting and feedback while using

the internet to both Push and Pull marketing content:

– E.g., Search Engine Optimization (SEO), Email, IM, RSS, Social Media,

Texting on Mobile, and Voice Broadcast are used to Push a message

– E.g., Banner ads and Pay Per Click (PPC) searches Pull viewers to a

message or another viewer refers them, as in “here is content I liked seeing

and you might enjoy seeing too” (e.g., viral video)

• The objective of Digital Marketing is the Conversion of Visitors into customers

and improving retention of existing customers

7

Digital Marketing is a combination of Push and Pull Internet technologies

used to execute marketing campaigns

OVERVIEW> DEFINITIONS

Page 9: Introduction to Digital Marketing

Some Examples of OnLine Digital Content Used to Promote a Major Brand

8

MOBILE APPS - VISA ONLINE VIDEO GAME - VISA

BANNER AD - VISA

OVERVIEW> SAMPLE ONLINE CONTENT

Page 10: Introduction to Digital Marketing

Example of a Major Brand’s Facebook Page

9

OVERVIEW> FACEBOOK PAGE

Page 11: Introduction to Digital Marketing

Example of MasterCard iPhone Application

10

OVERVIEW> iPHONE APP

LANDING

Page 12: Introduction to Digital Marketing

What Good Digital Marketing Strategies Achieve

1. Clarify and finalize Campaign objectives

2. Define the target audience(s)

3. Identify the online and Mobile channels available and appropriate

4. Develop a strategy with unique tactics for each digital asset

5. Define success through industry specific and relevant metrics

6. Know the landscape and benchmark results against competitors

11

A good Digital Campaign is consistent with overall business objectives,

quantifies success for each channel and has appropriate metrics in place.

The Six Broad Tactics of Best Practice Digital Marketing

OVERVIEW> GOOD DIGITAL STRATEGIES>TACTICS

Page 13: Introduction to Digital Marketing

What Good Digital Objectives Achieve

1. Distribute Specific Content , e.g., introduce new subscription-based service

2. Achieve Specific Financial Gains, e.g., increase online sales x%

3. Target Specific Audience, e.g., reach x% of consumers of data about banks

12

Strategy is how you reach Objectives - Objectives are what you want to

achieve and they are often quantifiable.

Three Broad Objectives of Best Practice Digital Marketing

OVERVIEW> GOOD DIGITAL STRATEGIES>OBJECTIVES

Page 14: Introduction to Digital Marketing

13

How Traditional and Digital Media Differ

Digital MediaTraditional Media

OVERVIEW> GOOD DIGITAL STRATEGIES>HOW DIGITAL MEDIA DIFFERS

• Uses established market research

(focus groups and sampling)

• A campaign is generally a Message

• Marketers control message length

• Campaigns not optimized

immediately

• Data is collected long afterwards

• Costs are relatively high

• Business models and

demographics are fluid

• A campaign is a Conversation

• Visitors use exact search terms

• Sponsored search has +-70

characters to entice click through

• Campaigns tweaked instantly

with immediate feedback

• Costs are relatively low

The best digital strategies integrate with, and complement, the messages

sent through traditional media and channels to form a unified experience.

Page 15: Introduction to Digital Marketing

Inhibitors to a Fully Integrated Digital Media Campaign

1. Reach is the % of people within a given universe exposed to a particular

campaign at least once during a defined time period

2. Universe is typically based on total households

3. Gross Rating Points (GRP) are calculated by dividing Gross Impressions of

a media buy by the population reached

4. Targeted Ratings Points (TRP) are GRPs for a specific target segment

5. Effective Reach is the % of the Universe reached at a particular frequency

14

Traditional Media metrics and metrics generated from Digital Campaigns

may not yield “apple-to-apple” comparisons.

Five Key Elements of Traditional Advertising metrics

OVERVIEW> GOOD DIGITAL STRATEGIES>TRADITIONAL MEDIA METRICS

Page 16: Introduction to Digital Marketing

Converting Digital Metric “Oranges” to Traditional “Apples” to Facilitate Comparisons

1. Reach is very difficult to calculate in terms of Digital Marketing and often

requires Third Party solutions and expertise

2. Online Universe is based on total households with Internet access (which

may now include mobile access)

3. GRP are calculated by dividing Gross Impressions on a web site, online

design element or other digital asset by audience size

4. TRP are calculated by multiplying forecasted GRPs by the demographic

composition of the site

15

Reach prediction data supplement GRP metrics because of fragmentation of

users, variance of frequency across individuals and less certain demographics.

Four Key Elements Must be “Translated” for Comparisons

OVERVIEW> GOOD DIGITAL STRATEGIES>CONVERTING DIGITAL METRICS

Page 17: Introduction to Digital Marketing

Predicting Reach in the Digital Universe

1. In traditional media Reach is basically the total number of viewers of a

particular campaign

2. Online a campaign of one million impressions on a site with one million

unique users may reach only a small percentage of the site’s population

3. Online impressions compose a fraction of total monthly impressions on a site

16

The distribution of sites, the run rate (number of impressions in a given time

period), site overlap and other variables must be considered.

Three Key Considerations to Predict Online Reach

OVERVIEW> GOOD DIGITAL STRATEGIES>CONVERTING DIGITAL METRICS

Page 18: Introduction to Digital Marketing

PHASESIntroduction to Digital Marketing

17

Page 19: Introduction to Digital Marketing

The Successful Digital Marketing Campaign has Four Broad Phases

18

OptimizeStrategize BenchmarkImplement

1 2 3 4

Strategy is an important step across every phase of a campaign. Phases

are not always sequential and may be iterative as content is tweaked.

PHASES> DEFINITIONS

Page 20: Introduction to Digital Marketing

Strategize

19

1. Align online marketing and analytics

with general business objectives

2. Align online marketing and web

analytics with offline campaigns

3. Identify key areas for improvement

4. Identify effective business processes

5. Identify Key Performance Indicators

(KPI) and other measurements

specific to the industry and Digital

Asset

Five Keys to a Comprehensive Strategy

A Digital Campaign should be consistent with overall business objectives

and complement offline efforts that employ traditional media.

PHASES> STRATEGY

Page 21: Introduction to Digital Marketing

Example of Specific KPI Designed to Measure the Impact of Blogging

20

1. Average Number of New Blog Entries

2. Percentage of Unique Visitors/Members writing comments

3. Average Number of Trackbacks per Blog Post

4. Percentage of New Commentators (compared to total commentators)

5. Number of RSS Subscribers

6. Percentage of New RSS Subscribers

There are At Least Six KPI Specific to Blogs

KPI for any channel should measure your brand reputation and/or content

for your digital campaign as well as collect similar KPI for competitors.

PHASES> STRATEGY>EXAMPLE OF CHANNEL-SPECIFIC KPI

Page 22: Introduction to Digital Marketing

It is Important to Define the Scale of the Digital Marketing Objectives

• Are you targeting millions of viewers and thousands of websites or hundreds?

• What web trends will be tracked? Are Webtrends or Google Analytics enough?

• Are Reporting Requirements quantitative or qualitative?

– Are there Executive Level Summaries?

• What Creative and other Design Elements are involved?

• Do you need heavy statistical support to compute online Reach and other

metrics for comparisons with Traditional Media?

• Do you anticipate using A/B and other testing to optimize the Campaign?

• How will relevant digital content be kept current/accurate going forward?

• Will the campaign employ iPhone apps and other targeted mobile?

A good Digital Strategy will quantify the scope of the desired campaign prior

to the development effort.

PHASES> STRATEGY>SCOPE

21

Page 23: Introduction to Digital Marketing

Implement

1. Identify the proper scope of the effort at inception

2. Provide Award-Caliber Creative that enhances the user experience

3. Develop or contract the appropriate technologies or solutions

4. Maximize SEO and audit Page Tags to maximize the number of viewers

5. Plan on how online digital content stays current and accurate

6. Integrate online digital data with data from traditional media for a

comprehensive view

22

SEO terms may be optimal in theory but individual page and other tags

should be audited and reviewed regularly to ensure results in practice.

Six Keys to a Successful Implementation

PHASES> IMPLEMENTATION

Page 24: Introduction to Digital Marketing

Benchmark

1. Define Key Performance Indicators (KPI)

2. Customize Visitor Engagement Measurements by industry

3. Determine the client’s and its’ competitors’ baseline

4. Facilitate reporting and distribution of data and analytics with a well designed

database and Dashboard

23

Visitor Engagement Measurements and KPI should be customizable both

by industry and specific client positioning as practices may vary greatly.

Four Keys to Successful Benchmarking

PHASES> BENCHMARKING

Page 25: Introduction to Digital Marketing

Optimize

1. Use A/B and Multivariate Testing of many combinations to simulate

hundreds/thousands of campaigns to inform the Digital Campaign

2. Use behavioral targeting of potential viewers

3. Proactively analyze Digital Campaigns to remain relevant and engaging

4. Convert website visitors into customers more quickly and at a relatively

lower customer acquisition cost than traditional media

24

Digital’s real-time feedback makes Optimization an ongoing process. Good

analytics allow you to adjust the variables of a Digital Campaign (content,

website, design elements) that best drive conversion and satisfaction.

Four Keys to Successful Optimization of Large B2C Campaigns

PHASES> OPTIMIZATION

Page 26: Introduction to Digital Marketing

PROCESSESIntroduction to Digital Marketing

25

Page 27: Introduction to Digital Marketing

Key Processes in the Successful Digital Marketing Campaign

Five Key Processes from Campaign Inception through Optimization

1. Creative

2. Search Engine Optimization (SEO)

3. Database and Development

4. Analysis and Reporting

5. Marketing 2.0

26

Like the overall campaign itself, each major Process involves Strategy,

Implementation and Optimization.

PROCESSES> DEFINITIONS

Page 28: Introduction to Digital Marketing

Generally there are only 70 characters available to generate a click-

through. Creative must maximize the online presence and adapt

established Brand guidelines meant for print and traditional media.

Creative Generally Encompasses Eight Major Digital Content Types

1. Web sites

2. Logos and other branding

3. Commercials produced for the Web

4. Banner Ads

5. Specialized web-based marketing pages

6. Online Newsletters and Journals

7. eMail Graphics

8. Content optimized for Mobile Apps

PROCESSES> CREATIVE

27

Page 29: Introduction to Digital Marketing

Search Engine Optimization (SEO), is the process of maximizing the

placement and number of search results (ranking) for core marketing terms.

SEO is Generally Considered the Most Critical Process in Digital Marketing

Three Characteristics of Good SEO

PROCESSES> SEARCH

28

1. Natural Search Processes

2. Pay Per Click (Sponsorship)

3. Natural Language

Page 30: Introduction to Digital Marketing

1. Ensuring Search Visibility

2. Search forensics

3. International SEO

4. On-Line Public Relations

5. Copywriting for SEO

6. On-Line Reputation Monitoring

7. Linking Programs

Free search functions available through tagging and other processes can

be termed Natural Search Processes.

SEO is Generally Considered the Most Critical Process in Digital Marketing, cont.

Seven Essential Natural Search Processes

PROCESSES> SEARCH

29

Page 31: Introduction to Digital Marketing

Sponsored searches such as ads by Google account for 30 – 40% of all

search results and speed-up a subject’s inclusion in free search results.

1. Adapted to marketing calendars

2. PPC Search Terms audited

3. Key Words researched and identified

4. Ad Creative makes most of 70 characters to generate a click through

SEO is Generally Considered the Most Critical Process in Digital Marketing, cont.

Four Characteristics of a Successful Pay-Per-Click Campaign

PROCESSES> SEARCH

30

Page 32: Introduction to Digital Marketing

1. Use common terms for your subject, product or campaign

2. Expand beyond industry and inhouse jargon

3. Advanced approaches may include likely variations (and even misspellings)

Best Practice SEO expands beyond inhouse jargon, correctly anticipating

how potential customers use language naturally in online searches.

SEO is Generally Considered the Most Critical Process in Digital Marketing, cont.

Three Best Practice Uses of Natural Language

PROCESSES> SEARCH

31

Page 33: Introduction to Digital Marketing

• Data Discovery

• Analytical Reporting

• Analytical Dashboard

• Modeling

Analyses and Reporting (and other key Processes) in a Digital Campaign

are broadly divided into Media Monitoring and Media Engagement.

• eMail Marketing

• Social Media Marketing

Analytics and Reporting

Media Monitoring Media Engagement (Marketing 2.0)

PROCESSES> ANALYTICS>DEFINITIONS

32

Page 34: Introduction to Digital Marketing

Best Practice Analytics are Proactive and Provide for Data Integration and Competitor Analysis

• Proactive Analysis

– Third party campaign-specific tracking

• Data Integration

• Competitor Analysis

• Optimization Services ensure constant improvement

– Customer Segmentation

– Testing and Targeting

PROCESSES> ANALYTICS>BEST PRACTICE

33

Page 35: Introduction to Digital Marketing

Reasons to Engage in Testing

1. Increase sales and conversion rates

2. Improve landing pages

3. Get more leads

4. Decrease Cost Per Acquisition (CPA)

5. Eliminate guesswork from design elements

34

For consumer-oriented campaigns testing can eliminate inhouse disputes by

letting customers decide.

Only 26% of Digital Marketers Test Despite Five Good Reasons

PROCESSES> ANALYTICS>BEST PRACTICE

Page 36: Introduction to Digital Marketing

Reporting Should Provide Immediate Feedback About Visitor Behavior

• Domains Report (where conversations

take place)

• Geo Mapping (locations of

conversations)

• Blogger tags (comments by identifiable

author)

• Theme Clouds (words most associated

with the campaign)

• Comparisons by Date of Chatter

• Demographics Report (gender, age

estimated for visitors tracked)

The most useful tools show the domains, campaigns, demographics and

geography of where visitor to customer conversions are taking place.

PROCESSES> ANALYTICS>REPORTING

35

Webtrends Reports

Page 37: Introduction to Digital Marketing

• Data Visualization

• Modeling

• Web Crawl for Updates

Databases can provide a comprehensive view across all media, speed to

market for content management, feedback for alternative campaigns,

flexible selection criteria and personalization by segments and individuals.

• Campaign Management

• Segment Selection Management

• Web Content Management

• Mobile Apps

Database and Development

Media Monitoring Media Engagement

PROCESSES> DATABASES AND DEVELOPMENT

36

Page 38: Introduction to Digital Marketing

As part of Media Monitoring, IT solutions can integrate a search agent

application that crawls the web and collects the latest relevant content.

IT is Used to Constantly Search for and Display Content Relevant to the Campaign

1. Comments and other content related to the campaign

2. Comments and other content related to competitors’ campaigns

37

PROCESSES> DATABASES AND DEVELOPMENT

Web Crawlers Capture Two Main Types of Content Automatically

Page 39: Introduction to Digital Marketing

Best Practice Data Visualization: A Dashboard

1. Aggregates data from all available sources

2. Summarizes data through a simple user interface

3. Displays a comprehensive analysis

4. Includes competitor digital content, bringing email and banners, etc., for

comparison

Reporting generally provides too much data rather than too little. Best

Practice includes a top level display of highly relevant data and insights.

A Well Designed Dashboard Has Four Key Elements

PROCESSES> DATABASES AND DEVELOPMENT>DATA VISUALIZATION

38

Page 40: Introduction to Digital Marketing

Examples of Data Visualization: Sample Marketing Dashboard

39

PROCESSES> DATABASES AND DEVELOPMENT>DATA VISUALIZATION

Page 41: Introduction to Digital Marketing

MARKETING 2.0Introduction to Digital Marketing

40

Page 42: Introduction to Digital Marketing

Marketing 2.0

Digital Marketing is largely comprised of two key functions

1. Public Relations 2.0 (ePR)

2. Customer Relationship Management 2.0 (eCRM)

41

With the advent of Web 2.0, successful digital strategies incorporate Public

Relations and Customer Relationship Management.

MARKETING 2.0>DEFINITIONS

Page 43: Introduction to Digital Marketing

Digital Marketing Strategy Involves Customization by Specific Digital Medium

• Blogs (e.g., LiveJournal, Typepad, WordPress, etc.)

• Microblogs (e.g.,Twitter, Plurk, Identica, etc)

• Message Board/Forums

• Wiki (sites that allow the public to make changes)

• Video/Photo Sharing (e.g.,YouTube, Flickr, etc)

• Social Networks (e.g., Facebook, Myspace, Linkedin)

• Mainstream Media Blogs (e.g., Wall Street Journal, CNN, etc.)

• Mobile Apps (iPhone)

Business models and practices are evolving rapidly. The suitability of each

digital forum should be assessed for each particular industry and campaign.

MARKETING 2.0> DIGITAL MEDIA

42

Page 44: Introduction to Digital Marketing

Public Relations for Web 2.0 (ePR or PR 2.0)

• Blogs and Mainstream Digital Media

– Online features/reviews, premiere content, placement of exclusive clips

and features, high profile interviews, online contests, press coverage

• Social Media Sites

– Place content in front of millions of eyeballs at a very low price point

– Turn viewers/customers into advocates

• Mobile

– .e.g., iPhone apps (including emerging such as iPad), and Web 2.0 sites

specific to mobile

ePR refers to marketing techniques that enable clients to receive high-

impact placements on influential websites, mobile apps and blogs.

MARKETING 2.0> PUBLIC RELATIONS

43

Page 45: Introduction to Digital Marketing

Six Key ePR Strategies Figure Prominently in Successful Digital Campaigns

44

Update &

Maintain

Content

Filter

Inappropriate

Comments

Develop Social

Media Widgets

Respond to

Messages

Create Social

&

Mobile Profiles

Convert

Visitors

Successful ePR develops appropriate social networking strategies for each

channel or platform (e.g., Facebook, Twitter, iPhone, etc.)

1 2 3 4 5 6

MARKETING 2.0> PUBLIC RELATIONS>KEY STEPS

Page 46: Introduction to Digital Marketing

Customer Relationship Management for Web 2.0 (eCRM or CRM 2.0)

• Holistic approach to CRM and implementation; communication and data

planning; multi channel campaign management; and customer data

management

• Customer engagement from acquisition to retention and advocacy across all

channels, traditional and digital

• Creating a global online customer dialogue platform

For consumer focused businesses, rapid adoption of Web 2.0 and Social

Media means traditional CRM, customer acquisition and retention

strategies must integrate eCRM to capture the entire customer journey.

MARKETING 2.0> CRM>DEFINITIONS

45

Page 47: Introduction to Digital Marketing

Digital Marketers Adjust to the Mobile Boom

1. Starwood hotels rewards their top twenty commercial clients

– An iPhone app. presents detailed info for 200 Starwood hotels, including 500MB of photos, maps, contact details, floor plans and capacity information

– The iPhone app includes orientation-sensitive interface, faceted search, an RSS feed and support for "favorites“

2. The McKinsey Quarterly alerts subscribers and in real-time

– An iPhone app provides Alerts to the latest articles and thought leadership using the iPhone’s touch interface and app-Safari interoperability

– The iPhone app fits McKinsey’s longer term mobile strategy to use mobile devices to customize content delivery by both user preference and past reading habits

Applications for mobile devices such as the Apple iPhone and the Palm

Pre are redefining the mobile marketing landscape.

Two examples of Digital Marketing and Mobile Apps

MARKETING 2.0> MOBILE>DEFINITIONS

46

Page 48: Introduction to Digital Marketing

VENDOR ASSESSMENTIntroduction to Digital Marketing

47

Page 49: Introduction to Digital Marketing

Vendor Assessment May be the Most Important Process in a Digital Marketing Campaign

Typical Third Party Solutions Used in Digital Campaigns

1. Best Creative normally requires partnering with outside agencies

2. Professional Services Providers advise on optimum strategies, the

competitive landscape and the latest analytics

3. Professional Services Providers offer deeper expertise in key social media

and other emerging channels (e.g., iApp development)

4. Third Parties provide relatively low cost Content and Campaign

Management Solutions

5. Third Parties help navigate more complex statistical challenges such as

calculating Online Reach and general integration of online metrics

6. Monitoring and updating of digital content post-campaign can be outsourced

48

Optimizing the results of a Campaign and Digital Presence generally

involves using Third Party Solutions and/or outsourcing.

VENDOR ASSESSMENT> DEFINITIONS

Page 50: Introduction to Digital Marketing

Simple Web Analytics May be Enough for Many Digital Marketing Efforts

1. Webtrends provides metrics for social media and Twitter

2. Webtrends provides both Client and Server-side tracking while most

competitors support one or the other

3. There are a large number of sophisticated built-in reports covering all areas of

a site including technical, marketing and sales

4. There is both a hosted and a software version, with the software version

offering full control of data

5. Cost is a minimum US$5,000 per license

6. Set-up and support will probably require expertise inhouse

49

Webtrends is the overwhelming market leader in web analytics and is

believed to provide the highest quality data.

Six Key Considerations in Assessing Webtrends

VENDOR ASSESSMENT> BASIC WEB ANALYTICS

Page 51: Introduction to Digital Marketing

Simple Web Analytics May be Enough for Many Digital Marketing Efforts, cont.

1. Easy Set-Up: Simple new account creation with exact JavaScript provided to

insert into online pages (implementation in under 1 hour)

2. Built-in Reports and Polished Graphs for the most important statistics

including tooltips and drill-downs

3. Custom Reporting and Export: Custom reports can be created using a drag-

drop function

4. Data Export API facilitates the build of a customer User Interface

5. Analytics are free, but user data is hosted and in the cloud, security and

control over which may be considered inadequate for certain digital efforts

50

Google Analytics provides a free, user-friendly and immediate solution for

web analytics that may suit many Digital Marketing Efforts (especially B2B).

Five Key Considerations in Assessing Google Analytics

VENDOR ASSESSMENT> BASIC WEB ANALYTICS

Page 52: Introduction to Digital Marketing

An Example of a Google Analytics Graph

51

VENDOR ASSESSMENT>GOOGLE ANALYTICS SAMPLE

Page 53: Introduction to Digital Marketing

52

Digital Marketing – Some Major Vendors by Key Process

Webtrends

Google Analytics

Omniture

Site Catalyst

Websidestory

Web Trends

IT, Integration

Alterian

Stratigent

Analytics

Oracle

Microsoft

Java (BEA Star)

Dbases, Development

Campaign Management

Search (SEO)

Vignette Partners

Interwoven

SiteCore Partners

Percussion

MediaSurface

Documentum

FatWire

Umbraco

Omniture HBXEndecaGoogleFASTSmartLogicAutonomy/Verity

SAPSiebelPeopleSoftEpiphanyIBM Microsoft

VENDOR ASSESSMENT>MAJOR VENDORS

Page 54: Introduction to Digital Marketing

SUMMARYIntroduction to Digital Marketing

53

Page 55: Introduction to Digital Marketing

Key Developments

• Two thirds of US consumers are online

• Adoption rates for mobile and internet tech is more rapid outside the US

• Twenty one percent of all marketing dollars may be spent online by 2014

• ePR and eCRM becoming essential to track the entire customer experience

• Digital Marketing may provide for faster sales and lower CPA than Traditional

Marketing efforts

• Fluid and uncertain business models in emerging online media may require

specific expertise (e.g., iAPPS, social media such as Facebook and Twitter)

54

SUMMARY>KEY DEVELOPMENTS

Page 56: Introduction to Digital Marketing

Digital Marketing Efforts Best Practices are Likely to Include Third Party Solutions

• Assess basic scope of the Digital Marketing effort:

– Are basic web trends analytics sufficient?

– Will you test alternative campaigns and design elements to assess the best

strategies that convert viewers to customers?

– Must you predict online Reach or perform other complex statistical

analyses for comparisons with the metrics yielded by Traditional Media?

• Integrate with Traditional Media for a unified viewer experience

• Put appropriate KPI in place before the start of a campaign

• Benchmark metrics for the subject Digital Campaign against those for similar

campaigns and competitors

• Consider the use of appropriate Third Party Solutions from Strategy to

Optimization to hedge against the fluid Web 2.0 environment

55

SUMMARY>BEST PRACTICES

Page 57: Introduction to Digital Marketing

For More Info –http://www.linkedin.com/in/wkitchenman

2010

Walter Kitchenman

[email protected]

Walter Kitchenman is an author and consultant on strategic issues in financial services. He

spent more than a decade as an international banker in Latin America and Europe and helped

launch the leading boutique advisory firm covering the strategic use of IT. Most recently he

managed several digital platforms at MasterCard Worldwide which were winners of the

International Web Designers Award and the New York IABC’s Award of Merit. He has a

graduate degree from Johns Hopkins School of Advanced International Studies (SAIS) and BA

with special honors from the Elliot School of George Washington University.

Page 58: Introduction to Digital Marketing

An Introduction to Digital Marketing

Why Digital Matters - How to Proceed - When to use Third Party Solutions

July 2010

Walter Kitchenman

[email protected]