mit enterprise forum of cambridge get smart on marketing

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Get Smart on Marketing Allen Bonde, CMO, The Pulse Network @abonde Barbara Ewen, Principal, CHEN PR

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When launching products and services, marketing is critical as it affects sales through lead generation and drives awareness and recognition of the company and solutions among prospects, partners, resellers, and potential employees. Every company entering the market today has competitors, perceived or real. Do you know how to budget for a marketing program? How to prioritize program elements? Identifying which ones can have the greatest impact in the shortest period of time? What role should social marketing play? Attend this interactive “Get Smart” program to learn more about the role marketing can play in launching new products and services. Featured Speakers: Allen Bonde, Chief Marketing Officer, The Pulse Network Barbara Ewen, Principal and Co-Founder, CHEN PR

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Page 1: MIT Enterprise Forum of Cambridge Get Smart on Marketing

Get Smart on Marketing

Allen Bonde, CMO, The Pulse Network @abonde

Barbara Ewen, Principal, CHEN PR

Page 2: MIT Enterprise Forum of Cambridge Get Smart on Marketing

2

It All Starts (or Ends) Here

Get Smart on Marketing | Allen Bonde @abonde

Page 3: MIT Enterprise Forum of Cambridge Get Smart on Marketing

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Goals

Awareness Thought

Leadership Leads!

70% of a consumer’s buying experience is made before a

salesperson gets involved

reach

inform

engage

Get Smart on Marketing | Allen Bonde @abonde

Page 4: MIT Enterprise Forum of Cambridge Get Smart on Marketing

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Foundation: 4 ‘Ps’

Get Smart on Marketing | Allen Bonde @abonde

Product… Brand

Price… Delivery

Place… Partners

Promotion… Media

Page 5: MIT Enterprise Forum of Cambridge Get Smart on Marketing

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Building Blocks – 6 ‘Cs’

Competitive Intelligence

Who is out there? What are users buying?

Corporate Communications/PR

What’s our brand/story? How do we tell it?

Content and Inbound Marketing

What do I create/curate? Where do I syndicate?

Lead Generation Campaigns

Can I use Webcasts? What can I offer affiliates?

Community Engagement

How do I drive WOM? Who are influencers?

Media Channels

What is best way to reach my audience? What’s my budget?!

Get Smart on Marketing | Allen Bonde @abonde

Page 6: MIT Enterprise Forum of Cambridge Get Smart on Marketing

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Focus Your Message

Get Smart on Marketing | Allen Bonde @abonde

• Differentiate your product or service in 30 seconds – What is your product or service

– Who do you sell it to

– Why is it better

• Highlight business benefits for your prospects

• Leverage market trends

• Consider the competition

Page 7: MIT Enterprise Forum of Cambridge Get Smart on Marketing

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Pick Your Channels

Owned

Earned

Corporate website

Social profiles/blog

E-books, newsletters

Paid SEO, PPC

PR

Speaking

Ads/Sponsorship

Get Smart on Marketing | Allen Bonde @abonde

Page 8: MIT Enterprise Forum of Cambridge Get Smart on Marketing

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A Word on Content

Get Smart on Marketing | Allen Bonde @abonde

Content = € ¢ ¥ D $ expert curated user generated distribution syndication

Page 9: MIT Enterprise Forum of Cambridge Get Smart on Marketing

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Content Types

Get Smart on Marketing | Allen Bonde @abonde

Expert / created

Curated

User-generated

Create credibility, trust and sharing

Create engagement + inventory

Create insight + advocates

¥

¢

Page 10: MIT Enterprise Forum of Cambridge Get Smart on Marketing

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Based on What You Sell…

What are you selling?

Consumer – Non Considered Business – Non Considered

Consumer – Considered Business – Considered

Content “Demand”

Get Smart on Marketing | Allen Bonde @abonde

Page 11: MIT Enterprise Forum of Cambridge Get Smart on Marketing

11

…There’s an Optimal Mix

€ ¢ ¥ D Created Curated User-generated

$ Distribution Syndication

No

n-c

on

sid

ere

d

Co

nsi

de

red

LOW

MED

MED

MED

LOW

MED

MED

HIGH

HIGH

LOW

HIGH

MED

LOW

HIGH

MED

HIGH

HIGH

LOW

HIGH

MED

Get Smart on Marketing | Allen Bonde @abonde

Page 12: MIT Enterprise Forum of Cambridge Get Smart on Marketing

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Priorities (especially for B2B)

Get Smart on Marketing | Allen Bonde @abonde

Know your market

Capture your story

Recruit influencers/affiliates

Embrace content marketing

Ask customers what they like!

Page 13: MIT Enterprise Forum of Cambridge Get Smart on Marketing

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So…How Much Should You Budget?

Get Smart on Marketing | Allen Bonde @abonde

Basic 2-5%

5-10% Start-up

Percent of Revenues

High-Tech breakdown

Digital marketing: 29.2%

Events: 20.5%

Advertising: 9.9%

Source: IDC

Direct: 6.9%

PR / support / tools: 33.5%

Page 14: MIT Enterprise Forum of Cambridge Get Smart on Marketing

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Case Study - Offerpop

Get Smart on Marketing | Allen Bonde @abonde

Competitive Intelligence

Corporate Communications/PR

Content and Inbound Marketing

Lead Generation Campaigns

Community Engagement

Media Channels

2011 2010 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

benchmark

Facebook launch company launch

blog

Affiliates

newsletter Twitter

sponsorship

key analyst coverage

Webinars

campaign shortlist email

ROI cookbook maturity model guest posts

Product videos

Tumblr

Wiki

Page 15: MIT Enterprise Forum of Cambridge Get Smart on Marketing

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Case Study –Storytellers

Get Smart on Marketing | Allen Bonde @abonde

• Storyboarding – Simplify

– Be on the outside looking in

– Know your enemy

• Storybuilding – Aim High

– Connect the Dots

– Content: Multifaceted, Multiuse

• “Storyjacking” – Be Ready

– Be aggressive

– Be yourself

Page 16: MIT Enterprise Forum of Cambridge Get Smart on Marketing

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Case Study – Storytellers

Get Smart on Marketing | Allen Bonde @abonde

• 3 year relationship began with heavy messaging work and influencer programs

• Increased brand visibility played a significant role in NetWitness acquisition by RSA

• Continued relationship with RSA has altered PR approach to communication and influencer relations.

• 1.5 year relationship focused on proactive thought leadership and rapid response programs

• With only 2 product announcements in that time, Invincea has appeared in nearly 600 syndicated stories globally, with regular featured commentary in mass media and blogs

Page 17: MIT Enterprise Forum of Cambridge Get Smart on Marketing

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THANK YOU

we’d love to hear from you!

[email protected] [email protected]