western australian digital marketing report 2016...western australian digital marketing report 2016...

21
Western Australian Digital Marketing Report 2016

Upload: others

Post on 20-Aug-2020

2 views

Category:

Documents


0 download

TRANSCRIPT

  • Western AustralianDigital MarketingReport 2016

  • 2Western Australian Digital Marketing Report 2016

    Our organisation will continue to focus and invest heavily in digital for 2016 - the ability to see direct results and continue to

    analyse is a huge benefit.“ ”

  • 3Western Australian Digital Marketing Report 2016

    Contents

    Marketing priorities 6

    Marketing trends 7

    Main benefits of digital marketing 8

    Digital presence 9

    Digital marketing spend 11

    Digital challenges facing business 12

    Measuring success 13

    The future of digital 15

    Introduction 4

    Key findings 5

    Methodology 19

    Appendix 18

    Participant profile 16

    About Bang Digital 20

    Western AustralianDigital MarketingReport 2016

  • 4Western Australian Digital Marketing Report 2016

    Introduction

    This is our third year embarking on theWA Digital Marketing Report, and thelandscape is changing at a rapid rate.

    We again saw an increase in participantsthis year, and have restructured thequestionnaire to incorporate additionalquestions surrounding market types -B2B or B2C, marketing automation andInstagram advertising - as these channelshave emerged as trends for 2016.

    It’s clear that businesses are starting toinvest more heavily in content marketing,with interest in video content development rivaling other content options. The challenge for most businesses is the development of driven marketing strategies which cut through the“noise” in the digital environment.

    Facebook remarketing and the newInstagram advertising channel both featurehigh up on the priorities list, and advancedanalytics and marketing automation haveseen increased interest in 2016.

    We have seen an increase in the numberof businesses engaging in digital marketing activities in 2016. However, the statistics indicate that these initial forays into digital are being conducted in-house. This indicates a greater understanding of digital strategy from a top level. However, businesses might find the management of their digital marketing campaigns a challenge as they navigate the technical elements and start looking at more integrated approaches.

    Read on to see how your organisationcompares to others in this State.

    Renae LunjevichManaging Director

    Bang Digital

    A total of 221 WA businesses were surveyed this year using an anonymous online questionnaire.

    These participants were chosen to ensure a broad spread of industries, across a broad range of business sizes.

    In this report you will find the latest trends in digital marketing, and have the ability to compare your strategy to what others are seeing as important this year.

  • 5Western Australian Digital Marketing Report 2016

    Key findings

  • 6Western Australian Digital Marketing Report 2016

    Marketing priorities

    WA businesses identified social media marketing as the highest priority activity that they engage in, giving it an average importance level of 3.94 out of 5. Email marketing came a close second (3.81), narrowly ahead of search engine marketing (3.74).

    Many traditional offline methods, while still considered part of the mix, are of lower importance for WA businesses.

    This shows a significant shift from the last 2 years, when search was the top of the leaderboard.

    Q. Rank the following marketing activities in order of priority from (1) least important to (5) most important for your organisation:

    吀攀氀攀洀愀爀欀攀琀椀渀最 ⼀ 䐀漀漀爀ⴀ琀漀ⴀ搀漀漀爀 洀愀爀欀攀琀椀渀最  ⸀㘀 

    倀栀漀渀攀 戀漀漀欀 氀椀猀琀椀渀最猀  ⸀㘀㤀

    吀嘀  ⸀㜀㘀

    伀甀琀搀漀漀爀 洀攀搀椀愀  ⸀㠀㜀

    刀愀搀椀漀  ⸀㤀㜀

    䴀漀戀椀氀 瀀栀漀渀攀 ⠀匀䴀匀⤀ 洀愀爀欀攀琀椀渀最  ㈀⸀㌀

    伀渀氀椀渀攀 搀椀爀攀挀琀漀爀礀 氀椀猀琀椀渀最猀  ㈀⸀㐀㌀

    倀爀椀渀琀 洀攀搀椀愀  ㈀⸀㔀㈀

    䐀椀爀攀挀琀 洀愀椀氀  ㈀⸀㜀㈀

    䔀瘀攀渀琀猀⼀攀砀栀椀戀椀琀椀漀渀猀  ㈀⸀㠀㘀

    䴀愀爀欀攀琀 爀攀猀攀愀爀挀栀 ㈀⸀㤀 

    ㈀⸀㤀㈀䴀漀戀椀氀攀 瀀栀漀渀攀 愀瀀瀀猀⼀眀攀戀猀椀琀攀猀

    䈀氀漀最最椀渀最 ㈀⸀㤀㐀

    嘀椀搀攀漀 搀攀瘀攀氀漀瀀洀攀渀琀 ㈀⸀㤀㔀

    䐀椀最椀琀愀氀 愀搀瘀攀爀琀椀猀椀渀最 ㌀⸀㈀㔀

    倀甀戀氀椀挀 爀攀氀愀琀椀漀渀猀 愀渀搀 戀爀愀渀搀 爀攀瀀甀琀愀琀椀漀渀 洀愀渀愀最攀洀攀渀琀 ㌀⸀㐀㌀

    伀渀氀椀渀攀 戀爀愀渀搀 爀攀瀀甀琀愀琀椀漀渀 洀愀渀愀最攀洀攀渀琀 ㌀⸀㔀 

    圀攀戀猀椀琀攀 愀渀愀氀礀琀椀挀猀 ㌀⸀㔀㈀

    匀攀愀爀挀栀 攀渀最椀渀攀 洀愀爀欀攀琀椀渀最⼀漀瀀琀椀洀椀猀愀琀椀漀渀 ⠀匀䔀伀⼀匀䔀䴀⤀ ㌀⸀㜀㐀

    ㌀⸀㠀䔀洀愀椀氀 洀愀爀欀攀琀椀渀最

    匀漀挀椀愀氀 洀攀搀椀愀 ㌀⸀㤀㐀

    1st2nd 3rd

  • 7Western Australian Digital Marketing Report 2016

    Marketing trends

    The year of the integrated content strategyWhilst content marketing again takes out two ofthe top three spots for top trends in 2016, we are seeing indications that businesses arebecoming aware that social media and contentmarketing are really elements of an integrated content strategy.

    Statistics show that WA businesses plan toincrease the usage of Facebook remarketing,LinkedIn, YouTube and Instagram advertising(the new comer) which are all distributionchannels for well executed content marketing strategies.

    Also of note is the increase in the interest inmarketing automation and cross platformdevice tracking. This indicates an increased education around the possibilities of digital marketing.

    Q. Which of these emerging digital marketing trends does your organisation plan to utilise in 2016?

  • 8Western Australian Digital Marketing Report 2016

    Main benefits of digital marketing

    “It’s easy to see if your marketing efforts are working.

    You can track the success back to a particular campaign

    and pull anything that’s not working before you waste too

    much money.”

    “The ability to reach your target market in a more measured,

    quickly responsive, flexible and cost effective way.”

    “Ability to create bespoke and measurable one-to-one

    communications with specific customers dependent upon their individual circumstances. It also

    pushes us, as clients, to improve and innovate our product offerings, and

    places the onus back on the marketer to cater how a customer wishes to

    transact and fulfill.“

    “It’s the main driver of new customers to our organisation at a cheap cost, and we can accurately measure the

    performance.” 

    “I like that digital marketing can be used to target a specific audience at a certain time and it allows the user

    to interact with multiples of people at once.“

    “Speed of message distribution. Opportunity to connect with

    unexpected markets. Ability to personalise and target marketing.”

    Q. What do you like about online marketing? In other words, what do you see as the main benefits?

  • 9Western Australian Digital Marketing Report 2016

    Q. Does your company currently have a presence on social media? Q. Please indicate which social media platforms your organisation currently utilises.

    Social essentials.

    In 2016, WA businesses have seen the importance of having a presence across as many social

    platforms as possible, with businesses focusing on a diversification social strategy across multiple platforms. The largest increases in social platform uptake have been within Facebook and Instagram,

    with both increasing by approximately 20% in uptake. As advertising within these platforms

    becomes a crucial component of the overall digital marketing mix, we expect to see the value of these

    platforms increase for businesses respectively.

    Digital presence㜀㔀

    ⸀㈀─ 㤀

    ⸀㈀─

    㔀㐀⸀㐀

    㔀㘀⸀㌀

    ㈀㌀⸀㠀

    ─ 㐀㈀⸀

    㜀─

    㔀 ⸀ 

    ㌀㜀⸀㤀

    㘀㤀⸀㌀

    㘀㌀⸀㘀

    㜀⸀㜀

    ㌀⸀

    ㌀㘀⸀㐀

    ㈀㠀⸀㜀

    ㈀ 㔀 ㈀ 㘀

    倀䔀刀䌀䔀一吀䄀䜀䔀 伀䘀 䈀唀匀䤀一䔀匀匀䔀匀 圀䤀吀䠀 䄀 倀刀䔀匀䔀一䌀䔀 伀一䔀䄀䌀䠀 伀䘀 吀䠀䔀 䴀䄀䨀伀刀 匀伀䌀䤀䄀䰀 一䔀吀圀伀刀䬀匀

  • 10Western Australian Digital Marketing Report 2016

    Digital marketing spend

    Q. How much of your 2016 budget will you be dedicating to digital/online marketing activities?

    Percentage of overall spend dedicated to digital marketing

    Businesses of all sizes have forecast an increase in their digital expenditure for the year 2016, however medium sized businesses have budgeted for only 2% increase year on year.

    It is interesting to note that in last year’s report, medium businesses saw the highest jump in digital spend.

    Digital growth.

    2015 2016

    36%

    26% 24%30%28%

    40%

    Smallbusinesses

    Mediumbusinesses

    Largebusinesses

  • 11Western Australian Digital Marketing Report 2016

    Digital challenges facing business

    “I think the biggest challenge,

    is maintaining every channel of digital marketing at the same time as trying to

    segment down and become more focused on specific target groups.

    This balance between general digital marketing and more specific digital marketing

    is very hard and time consuming.”

    “Not enough time to produce great content. Digital marketing is very

    time consuming yet it’s not recognised as needing that much time by non-

    marketers as it seems so quick and instant.”

    “Having enough time to do a number of things

    well. Expectation of rest of organisation that social

    media in particular is going to achieve results they

    want in insolation.”

    “Breaking through the noise is tough, trying to blend the right message and delivery together to get attention.”

    “Not enough resources and not enough

    understanding from within the business, as

    to the strategic benefits. People think they know

    your role because they have a Facebook

    profile.”

    Q. What are some of the challenges you feel you face when it comes to digital marketing?

  • 12Western Australian Digital Marketing Report 2016

    Measuring success

    Q. What measures does your organisation use to determine the success of its digital marketing strategies?

    Data driven. The fact that Google Analytics provides not only an insight into your current customer behaviours but also influences decision making going forward is clearly understood by WA businesses.

    Multiple metrics encompassing not only impressions but engagement and conversions were the standard from most respondents.

    10.8% of WA businesses do not currently measure the impact of

    its online marketing activities

  • 13Western Australian Digital Marketing Report 2016

    Measuring success

    70.9%Multiple metrics.

    Almost 91.3% of respondents who track data said that they used three or more metrics when measuring the success of their online marketing

    activities.

    Using multiple metrics is generally considered best practice in the marketing industry as it

    provides a more holistic view of the data and therefore more accurate insights.

    Website visits win.The most common metric used by WA businesses

    was website page views - with 70.9% of the respondents stating they track this data.

    While page views and traffic are important it must be understood that they are a starting point when

    measuring success. When used together with conversions and other metrics, the insights into online performance become significantly more

    powerful.

    Q. What measures does your organisation use to determine the success of its digital marketing strategies?

    91.3 %

  • 14Western Australian Digital Marketing Report 2016

    The future of digital

    “Data collection and analysis will increase in complexity. It will become more of a fine art

    to master.”

    “Ensuring that our content strategy is engaging and relevant to our audience.”

    “Granular targeting, richer content, more automation.”

    “Although they say it’s all video, I think 2016 is about technology.

    Re-marketing, data-driven marketing, data-driven segmentation is going to be huge. And content marketing isn’t going anywhere - brands will just get

    better at it making it more competitive. And don’t forgot influencer outreach,

    brands will get better at this too!”

    “Our organisation will continue to focus and invest heavily in digital for 2016 - the ability to see direct results

    and continue to analyse is a huge benefit. Also the enquiry to sale

    conversion rate is what works in the digital space for us.”

    “Growing a social media following (our business is under a year old)

    and increasing engagement across all platforms. Consolidation of efforts

    utilising CRM/automation”

    Q. What are your thoughts about the future of digital for 2015? What will your organisation be focusing on overall?

  • 15Western Australian Digital Marketing Report 2016

    Participant profile

  • 16Western Australian Digital Marketing Report 2016

    Participant profile

    SMALL MEDIUM LARGE62.0% 25.8% 11.8%

    BUSINESS SIZE

    INDUSTRY 4.1% 9.1% 1.4% 5.9% 6.4% 8.6%

    37.7% 9.6% 0.9% 2.3%

    14.1%

    Education and trainingEnergy, mining, construction and manufacturingGovernment/public administrationHealthcare/social assistance

    Professional servicesRetail and hospitalitySport and leisureTransport und utilitesOther

    Not-for-profitInformation and communication technology

    10.9%Lower-level Manager/Supervisor

    Mid-level/Regional Manager

    Owner/CEO

    OtherSenior/Executive Manager/Head of Department

    7.7%

    45.5%20.5%15.5%

    Seniority

    䈀㈀䌀

    㐀㐀⸀㠀─

    䈀㈀䈀

    㔀㔀⸀㈀─

    䈀唀匀䤀一䔀匀匀 䘀伀䌀唀匀䔀䐀伀一 䈀㈀䌀 伀刀 䈀㈀䈀 

  • 17Western Australian Digital Marketing Report 2016

    Appendix: Overview of Methodology

  • 18Western Australian Digital Marketing Report 2016

    Methodology

    Small(0 to 20 staff):

    62%

    Medium(21 to 199 staff):

    25.8%

    Large(200+ staff):

    11.8%

    An independent third party survey provider was used to gather data for this year’s report via online survey. The questionnaire lasted on average 5 minutes. A link to this survey was distributed to key individuals within businesses using an independent email list sourced through WA Business News’ Book of Lists. In addition to Bang Digital’s own internal contact database, a total of 221 surveys were collected through this method.

    Participants exercised their right to anonymity if they did not provide contact details with regards to the report being issued in advance.

    All respondents were screened to ensure that: • Their organisation had business operations in Western Australia

    • They were the relevant person to speak to on behalf their organisation

    The sample size of participants in relation to the size of their business accurately reflects a broad spread across small, medium, and large businesses. This is an accurate reflection of the composition of the WA business environment (which is based on Australian Bureau of Statistics counts of Australian businesses, 2008 to 2012).

  • 19Western Australian Digital Marketing Report 2016

    About Bang Digital

  • 20Western Australian Digital Marketing Report 2015 20Western Australian Digital Marketing Report 2016

    We stay at the forefront of the digital industry by keeping up-to-date with the latest techniques and inventing our own unique marketing strategies. We provide a holistic approach to digital marketing so that you can use the one agency for your search, social media, website development, mobile activity and overall digital strategy. This enables us to provide added value to our clients by closely understanding their business and being able to provide the right solution for them, when they need it.

    Bang Digital is fuelled by a dynamic, passionate and experienced team of digital marketing professionals. We are driven by providing the best solution for our clients, the highest quality service and results that deliver on your objectives. We have worked on both client side and agency side, and understand that it’s not just important to deliver results; it’s also about how you deliver them. Working ethically and valuing our clients is the cornerstone to our approach and success.

    Bang Digital - Nimble without compromise. We’re boutique enough to be agile, without compromising on quality.

    Bang Digital is a 9 year old fresh thinking, vibrant digital marketing agency in Perth, Western Australia. We love the hybrid of technology and marketing that is digital marketing.

    䐀䤀䜀䤀吀䄀䰀䈀䄀一䜀

  • 21Western Australian Digital Marketing Report 2016

    ADDRESS: Suite 2/79 Hay Street, Subicao WA 6008PHONE: (+61) 08 9328 7000 FAX: (+61) 08 6210 5983 EMAIL: [email protected]: www.bangdigital.com.au