Professional Documents
Culture Documents
Digital Marketing 101 - Section 1 Slides
Digital Marketing 101 - Section 1 Slides
Popularity
Google shows over 120 million results for Digital Marketing keyword.
What Is Digital Marketing? (Contd.)
The only difference is that you leverage digital technologies and media to achieve your
marketing objectives.
People define digital marketing around the promotion of products and services rather than
customer experience, relationship development, and multichannel integration.
Promotion of products
and services
Customer experience Relationship development Multichannel integration
The Five P’s of Marketing
Fundamentals of Marketing: The Five P’s of Marketing
Despite what you might think, the foundations of marketing haven't changed much.
At the core, digital marketing involves five main business activities called the 5P’s.
Price
People Products
Place Promotion
The Five P’s of Marketing: Price
Price • In 1999, Amazon pioneered and patented the 1-Click model and optimized the
purchase workflow.
• Frictionless payment methods are being adopted.
Product ✓ Amazon’s 1-Click, Apple Pay, Google’s Android Pay etc. are changing the way
you pay from your mobile phone
✓ Subscription model: you pay a small amount every month for a product/service
Promotion that otherwise costs more
✓ Internet of Things (IoT):
Example, Amazon Dash button—a specialized device connected to the internet
Place to order the supplies
People
The Five P’s of Marketing: Product
People
The Five P’s of Marketing: Promotion
• In 2017, the ad expenditure surpassed TV ad spend for the first time, and
the gap is estimated to widen by 10% over the coming years.
Product
• By 2021, digital will take about 50% of available budget for promotion.
Promotion
Place
People
The Five P’s of Marketing: Place
Price Place in a digital world refers not just to the website and social presence but
also to the mobile aspect.
• People use smart phones to:
Product ✓ Search
✓ Find local businesses, restaurants, and activities
✓ Do on-spot activities
✓ Make purchase decisions/do comparison shopping
Promotion ✓ Make payments
• Advanced technologies:
✓ Beacon technology detects consumers entering a perimeter. It also tracks
Place individual consumers as they walk around the store and shop.
✓ Programmatic marketing focuses on targeting the right people at the right
moment and in the right context (place).
People
The Five P’s of Marketing: People
• Marketers merge behavioral data collected from web, mobile apps, social
Price media with “first party” CRM, sales, and service data for a “360° view of the
customer.”
• However, it is impossible to create a perfect picture of customers because
Product of involvement of too many factors and changing consumer landscape.
Promotion
Place
People
Products and Services Marketing
Services:
Are Intangible
Are performed, not produced
Are delivered, distributed, and consumed simultaneously
Can be customized
Cannot be inventoried
Are regulated differently
Cannot be returned or undone
Are highly dependent on people
Products and Services Marketing (Contd.)
Services Products
Are intangible Are tangible
Are performed Are produced
Are distributed and consumed Are delivered
simultaneously
Can be customized Are usually not customized
Cannot be inventoried Can be inventoried
Are regulated differently Are regulated
Cannot be returned or undone Can be returned or undone
Are highly dependent on people Are consistent
Products and Services Marketing (Contd.)
Products are marketed as services, such as: Services are marketed as products, such as:
Car Rental
Cable TV Package
Earned
Media
Word of mouth
Customer Decision Journey
Defining the Customer Lifecycle
Advocate Attract/Awareness
Retain Engage/Consideration
Convert/Purchase
Defining the Customer Lifecycle: Example
Advocate: Attract/Awareness:
(Word of mouth and social media (Related to all the marketing
activities conducted by your customers. activities aimed at making your
Example: press reviews, ratings, and brand more visible)
similar earned media activities)
Retain: Engage/Consideration:
(All things that happen once you are (Activities visitors do as part of their
a customer. decision process.
Example: subscribing to a newsletter, Example: reading about your product
using a knowledge base, requesting on your or other’s website, using a
support, scheduling a car inspection, car configuration tool, etc.)
etc.)
Convert/Purchase:
(Reserved for the activity that most closely sends a
signal of business outcome.
Example: an ecommerce transaction, a lead, finding
the nearest dealer, contacting HR for a job, etc.)
McKinsey Consumer Decision Journey
According to McKinsey, 2009, the classic consumer path may not work anymore.
It says the path is not linear any more and is interrupted by triggers or moments.
1 2
Consumers add or subtract brands
The consumer considers an initial set of
as they evaluate what they want.
brands, based on brand perceptions and
Active Evaluation
exposure to recent touch points. Information
Initial
gathering, Shopping
consideration
set
3
Loyalty loop
Consumers select a
brand for purchase.
Moment of
purchase
Trigger
Purchase experience
4 Ongoing exposure
Google’s Zero Moment Of Truth (ZMOT) is a concept similar to McKinsey’s consumer decision journey.
Non-linear
Multi-channel
Multi-device
Interrupted by triggers or moments
Techniques to Tune Your Marketing Strategy
Techniques to Tune Your Marketing Strategy
Creating
personas
To help personas find their way Crafting Creating To address the right message at the right
toward a goal time, over the right medium, and to the
scent trails segments
right audience
Segmentation
Market segmentation is the process of dividing a broad consumer or business market into sub-
groups of consumers (known as segments) based on some type of shared characteristics.
Personas are fictional characters created to represent qualitative attributes of people’s goals, desires, and
limitations. They are often used in conjunction with segmentation.
Personas help understand the objectives, wants, and constraints of buyers, allowing you to adapt your
strategies.
Personas are not perfect representation of customers but just a representation to highlight and contrast
the major attributes.
Scent Trail
The key to success lies in using techniques that lead visitors down an information “scent trail.”
• In 2001, a Xerox Palo Alto Research Center study indicated that humans track information in a
fashion similar to the way animals follow a scent.
• The scent trail represents the optimal path conversion for a given persona.
• Powered with segments, personas, and scent trails, you can tune your marketing strategy.
Designing for Persuasion
• While creating scent trails and designing for persuasion, keep your customers’ motivations and
satisfaction in mind.
• Balance these factors with your business imperatives to create an outstanding digital experience.
Concepts of “Designing for Persuasion” are often applied to website design, but these can also be
applied to other aspects of marketing such as creating display ads for banners.
Example: Jet Blue
Every successful ad campaign contains a clear and compelling call-to-action (CTA), such as “Buy Now,”
“Book A Flight,” or “Request A Quote.”
Jet Blue used language tailored to their industry and brand that led to the success of their
digital ads.
A Call-to-action:
• Tells the user of the next step
• Should be vibrantly displayed in your content
• Should have language relevant to your brand, service, or
product
• Should have language unique to your brand or industry
• Should direct the user to relevant landing pages
Example: BRP Can-Am Off-Road
Price, Promotion, Product, Place, and People are the 5P’s of marketing applied in the
digital world.
Any digital media strategy rests on paid, owned, and earned media, the three pillars, for
acquiring customers.
Marketers need to understand the consumer’s decision journey to target better and gain
competitive advantage.
Segmentation, persona building, and scent trails are key techniques to boost your digital
marketing efforts.
QUIZ
What is at the center of 5P's of marketing?
1
a. People
b. Politics
c. Privacy
d. Personas
QUIZ
What is at the centre of 5P's of marketing?
1
a. People
b. Politics
c. Privacy
d. Personas
a. Owned Media
b. Paid Media
c. Earned Media
d. Social Media
QUIZ
Which type of acquisition media is third-party channel advertising?
2
a. Owned Media
b. Paid Media
c. Earned Media
d. Social Media
Explanation: In Paid Media, you pay a third-party to gain visibility. It includes paid posts and ads on social media
channels.
Lesson 2—History of Digital Marketing
Explain the evolution of Digital Marketing
1990s
1973:
Chatrooms were introduced
1983:
People got a place to discuss their interests
2003:
People could build their own social brand
2004:
Concept of like and share was introduced
2006:
Tweet option was introduced
2010:
Instagram was launched which made sharing
pictures interesting
2011:
Snapchat was released in September
2012:
Videos became more popular
2015:
Social media became mobile-friendly
2016:
Ongoing advancement
Evolution of Social Media (Contd.)
Many players are integrating the social aspect into their offering and creating a
unique brand experience such as Tripadvisor and GoPro.
Data, technology, and changing consumer expectations are shaping the marketing mix.
From the emergence of wearable technology to chatbots and mobile payment apps, there is
disruption everywhere.
The technological advancement is not linear and is occurring rapidly in major leaps.
Marketing Technology Landscape
Marketing Technology Landscape
• Chiefmartec.com has been keeping track of the marketing technology landscape for several years.
• In 2011, their chart showed about 100 company logos organized in a few categories.
• The latest version grew another 40% from 2016 to reach 5,381 categories.
Example: Microsoft Marketing Technology Landscape
“Marketers should understand the technology stack to make the most of the tools and
technologies that are available at their disposal.”
Chiefmartec.com asked participants to submit their marketing technology stack, where they
could illustrate:
From basic chat forums and file transfers, social media has come a long way and has transformed
the way you interact with people and with brands.
Martech—marketing and technology—applies to major initiatives, efforts, and tools that harness
technology to achieve marketing goals and objectives.
QUIZ
When did the “DotCom Burst” happen?
1
The marketing technologies are evolving faster than our ability to cope with the changing
a. landscape.
d. The concepts of digital marketing are very different from traditional marketing.
Lesson 3—Developing and Nurturing a Digital Culture
Identify the need for nurturing digital culture
Collaboration
Attributes of
a digital Transparency
culture:
Customer centricity
The organizational culture will often make a big difference in the way the barriers
can be overcome.
Startup or Size
established business
Geography
Overcoming the Barriers (Contd.)
In many organizations, you can often see flexible and agile teams striving to make a difference
It is a framework that helps organizations assess their current situation and provide a structured,
actionable path toward improvement.
Continuous Improvement
Process and Methodology Team and Expertise
Digital Marketing and Analytics Maturity (Contd.)
Digital Analytics Maturity Model: • If senior executives are fostering change, are data-savvy,
Governance, Culture, and customer centric, then you will see higher maturity
and Adoption in the governance, culture, and adoption area.
Continuous
Team and Expertise • Continuous improvement process and methodology
Improvement
Process and focus on how you manage workflows and tasks.
Methodology
• Tools, data, and technology focus on how you leverage
the tools you have.
Workflow for Marketing and Analytics Priorities
Continuous Process and Improvement Methodology
Marketers and analysts need a simple workflow with well-defined tools and techniques to measure
and repeat success, while learning about what doesn’t work.
DMAIC Workflow:
The Lean Six Sigma methodology is well documented, and plenty of training and resources are
available.
Product Thinking
The Ultimate Goal
The closer to the left of the given diagram your objective is, the more tangible and
easy it is to measure it.
Increase
Engagement
Satisfaction
Sustainability
Reduce
Costs
Profit
Increase
Revenue
The Ultimate Goal (Contd.)
S M A R T
Specific Measurable Achievable Realistic Time-bound
Product Thinking
Product thinking leads to clearer business and marketing objectives, along with measurable outcomes.
Defining Business Objectives through Product Thinking (Contd.)
Setting clear objectives with product thinking
Problems
What problem do you solve?
Problem-Solution
Fit In order to (Vision) ,
Vision
our product/service will solve (User Problem)
Why are you doing this?
Job to be
for (Target Audience)
Strategy
done How are you doing it? by giving them (Strategy) .
We will know it works when we see (Goal) .
Goals
What do you want to achieve?
Measure Success
Output
Features
What are you doing?
Organizational Change for Customer Centricity
Changing the Organizational Culture
Factors that help you instigate change in organizational culture are as follows:
Empower employees
Sense of accountability
Consumers are now mixing online and offline channels as sources of information.
Don’t Dos
They bring joy to kids and grown ups with personalized Santa Claus and other
characters’ messages delivered in full HD video
Example: PortableNorthPole.com (Contd.)
Assessing your Digital Marketing (and Analytics) maturity will help uncover your organization’s
strengths and weaknesses to develop a more realistic roadmap.
Embracing a proven problem-solving and agile workflow like Lean Six Sigma will help you structure
your work and demonstrate value to the organization.
Use the concept of Product Thinking to develop relevant marketing objectives and communicate
them more effectively to the organization.
b. Describe-Measure-Approve-Include-Collect
c. Define-Measure-Analyze-Improve-Control
d. Design-Measure-Analyze-Integrate-Convert
QUIZ When using Product Thinking to define your marketing objective, you should think of
users/customers first. You would first define the problem that must be solved. What should
2 you do next?
The advent of digital marketing changed the assets used by companies to reach and talk to
their audience.
Assets include:
Tactics include:
Benefits include:
Brand Marketers believe in branding, public relations, social media, and other forms of
marketing communications.
Brand Direct
Marketing Response
Marketing
Example:
In this scenario, several tactics are used as part of the marketing mix, and online/offline consumer
experience is leveraged.
Campaign
Customer Retargeting Newsletter Store
Visits Signup Visit
Brand marketing Customer visits but Drive customer back to Get direct Direct response at
does not purchase the site response offline stores using
coupons
Digital Marketing Trends
Old Concepts and Fading Techniques
• Has a camera
• Features GPS
“Digital” is transformational. It opens a wealth of possibilities only limited by your creativity.
Both Brand Marketing and Direct Response marketing tactics are relevant at different
stages of the customer lifecycle.
Digital marketing is evolving quickly, and some old counterproductive strategies should be
replaced by new methods.
QUIZ
What kind of marketing is appropriate for increasing qualified leads for a company's dealer
1 network?
b. Brand Marketing
c. Paid Marketing
d. Conversion Optimization
QUIZ
A company has grown its mailing list to a million subscribers. It used to do monthly email
2 blast campaigns. What is the preferred approach today?
b. Marketing automation
d. Personalization
Lesson 5—Global Impact of Digital Marketing
Identify the best governance styles for your organization
• Companies that accept risks might have a Hub and spoke structure.
Phases of DCoE:
Phases of DCoE:
Phases of DCoE:
• CoE acts as a central source of service and expertise for the entire organization
• It includes domain-specific expertise and shared services teams for specialized activities
Digital Marketing Center of Excellence (DCoE): Evolution (Contd.)
Phases of DCoE:
Scenario Approach
R
Describes the participation by various
A Clarifies roles and responsibilities in
roles in completing tasks or deliverables cross-functional/departmental projects
C
I
Roles and Responsibilities (Cont.)
Responsible:
Accountable:
Consulted:
Informed:
I Those who are updated on progress and completion of the task or deliverable
Roles and Responsibilities (Cont.)
Context
• A local media player had dozens of websites covering news, automotive, and sports.
• Product owners were asked to define their marketing strategies and use the KPIs and
analytics they needed.
Roles and Responsibilities (Cont.)
Approach
• The newly appointed VP of Marketing asked the teams to come up with recommended KPIs and
requirements.
• Manager imposed a solution and requested a clearly defined set of KPIs on a weekly basis.
• The level of maturity quickly increased under his management, but when he got promoted to a different
role, teams eventually dropped down to a lower maturity level.
Best Practice Example: Red Bull
It does a great job with global marketing that many Americans assume it’s a local brand.
Best Practice Example: Red Bull (Contd.)
Digital economy, social media, and digital marketing have helped Red Bull make its mark.
Whether to have a global digital marketing approach or a local one is largely determined by
the size, type, and culture of the organization.
Center of Excellence, Marketing Activity Taxonomy, and RACI matrix are strategies to foster
effectiveness and collaboration of your digital marketing team.
QUIZ
Which is the most common structure for managing digital marketing, analytics, and digital
1 transformation?
a. Decentralized
b. Centralized
a. Responsible
b. Accountable
c. Consulted
d. Informed
Thank You