Professional Documents
Culture Documents
NMT Notes
NMT Notes
- Was Marketing always about relationships and focused on the customer? YES
“The permanent analysis of the demand on one hand and on the other hand,
the development and usage of the means to satisfy this demand in condition of
having a profit” (Denner, 1971)
“Marketing is a process of exchange between individuals and/or organizations
which is concluded to the mutual benefit and satisfaction of the parties”
(Baker, 1987)
Evolution of Marketing
Marketing 4.0
Where is my customer? How does he/she arrive? What is he/she looking for? How to
make him/her stay? Why to make him/her stay?
Digital around the world (2019) The main important things that top brands are using in
their disruptive strategies:
1.Mobile users -Communities, clubs and connect with the customers
2.Internet users -Extended products
3.Active social media users -Differentiation through activities and experiences
4.Mobile social media users
-Personalization
-Location
-Rewards
-Services
Current strategies
Marketing in 2020
Differentiation through:
- Experience
- Values
- Extended product
- Connection with the brand
Once a customer has been impacted by the brand in a unique way, it is unforgettable.
The are some levels of “experience” – points of impact
Conventions and offices tours (visits to offices): make the experience unique and the
customer is your guest and should feel welcomed.
Pop-up stores (physical stores): great way to get new eyes. Works for everyday
experiences or out-of-this-world ones.
Fairs: make a statement, showcase your strengths, involve the audience (VR/AR).
Customer Funnel
“A brand is relevant when it connects with the desires, needs, and aspirations of the
audience it addresses. Making their lives easier and by surprising them continuously.”
EVERYTHING RELIES ON THE RELATIONSHIP.
Less transactions and more relationships.
If you see someone with an apple product, it could be difficult to say that this person
doesn’t belong to this community.
Customer Path
Getting back to the conversion funnel
Door knob à you need to increase curiosity and commitment.
Goldfish à you have to optimize curiosity (people more interested about your
product), also increase the commitment and the affinity
Trumpet à you need to increase the commitment
Funnel à focus more on the affinity
Storytelling
Connect with an audience using any medium available through a story that has some
meaning to them.
Evolution of storytelling
You must know the target audience, how they think, what are their interests,
concerns, fears, desires, aspirations, and needs at the specific moment the message is
transmitted.
3.Emotions to be conveyed
The brand can empathize through a concern felt by the target audience, a need, a fear,
an emotion or a feeling. In the end, you should consider a resolution on history so that
the perception and association of the brand with history is positive.
4.Definition of the narrative structure
5.Character’s definition
Something must happen to the character (positive or negative) so that the public can
relate to him/her.
The brand should only be shown as part of the story’s context, not the main character.
The main character or characters will showcase the values of the brand.
The more valuable the character seems, the closer it will be felt.
People establish a stronger emotional connection with anonymous characters that
struggle and whose concerns make them seem authentic and vulnerable around issues
such as love, hope, fear, adventure, effort, etc.
Types of stories (or applied storytelling)
Fiction à this type of storytelling are not real, the setting is based on fictional
characters or made-up situations
Historical à years of experience, brand reputation and recognized product or service.
It usually aims to Evoque nostalgic moments.
Real life situation (for products/services) à although it is not always 100% accurate
about the use cases of the product, the idea is that the users reflect themselves in
them.
Based on brand values à the key is to reflect the values of the brand in the message.
The audience must link the brand with the personality of the characters, managing to
highlight these values strongly.
Who am I? àIt is an introductory story, told with aspects of the history behind the
brand or the characters offering a connection point with the audience.
Active listening
Vertical social networks à connect people who have very specific interests or
passions. The focus of that group must be a specific niche.
Horizontal social networks à people connected to each other in face-to-face events,
or social media, share a common interest (sport, art…), or a common background.
Private social networks à a platform where members can connect, collaborate and
share information within a social forum managed by an organization. It gives more
value. It could be defined as a small world and next-door.
Mobile Apps
Mobile time by activity
Mobile activities
Users have:
- Access to broad audiences
- Tools to create entertaining content
- Unique perspective on the relationship with the brand
Transparency
Honesty
Goodwill
Customers should want you. Not for what you say but for what you do.
Customers connect with issues that matter to them and with the brand that support
those causes.
Cultural brands
Brands that make the customers feel in-sync through related values.
1.Leading product
Development
Innovation
Design
2.Customer care
Customer Relationship Management (CRM)
Closeness to customer
Exceeding expectations
3.Excellence in service
Improving and optimizing every step of the supply chain
Reducing operating costs
Benefiting customers
Reducing errors
Is not what it costs, is it about what we as customers give up in order to get it à cost
of opportunity.
Nowadays customers are more demanding, and they are much more informed than in
the past.
Brands need to create experiences rather than products.
Nespresso – the failure
Market behaviour
The road to omnichannel – CUSTOMER JOURNEY
Single channel à at this stage, there was only one channel that was the retail (brick &
mortar) point of sale; the customer had to make all their interactions through that
single channel.
Multichannel à new technologies and channels emerged. We happen to have
multiple channels, but not without being interconnected with each other. The same
client may be interacting through different channels at the same time, and the
company saw it as different clients.
Cross-channel à there is significant change: the client becomes the centre of the
scene, and we begin to understand it better. We know that the same client interacts
with us through different channels, so we begin to integrate these channels into a
marketing strategy. We start to take into account the Customer Journey – The life
cycles of prospects or customers.
Omnichannel à in this final stage, the seams between the different channels are
completely demolished, the physical and the digital world are integrated, no matter
where a customer begins and his shopping experience, if he jumps to another channel.
The background should be kept as one, without showing cracks of any kind.
Summary:
It is a Design Thinking tool that makes it possible to map each of the stages that a
person goes through; since a need comes to them until they become a customer of a
brand.
- Considers the emotions and feelings of the customer.
- Must be adapted to each stage and to as many realities as possible.
- It must identify the drop-off points.
- It must unify the external and internal vision of the brand.
Customer Identification
- Each brand will have a differentiated ideal customer, sometimes, several ones.
- B2B and B2C nature will define the path and touchpoints.
- Creating a buyer persona is a safe way to have a clear idea of the behaviour of
our customers.
Stages of the relationship with the brand
DIGITAL STRATEGIES
Getting clients online
When a company has some experience in the network, it not only relies on its website
to capture traffic but also displays its content on a network of digital media that make
up a system specifically designed to attract users and convert them into customers.
Lead generation
Customer Loyalty Online
Most of the “loyalty” programs are just point programs = not loyalty.
They are small “bribes” that fail to make a lasting relationship.
Customers who stay because of pricing leave for the same reason.
To build customer loyalty first you must know them.
Allow personalizing the message, not only by demographic data but by behaviour.
We must consider it as an essential objective to retain the client from the first
moment.
Newsletter’s strategy
SPAM
Tools for avoiding being classified as SPAM à bring virtual experiences to the real
world.
Each search:
- Creates a reaction
- Conversations
28% of conversations:
- Store visits
- Calls
Now a multi-billion industry and having surpassed desktop in usage, mobile has
become a lucrative industry and a key channel by which brands can target receptive
users with more engaging ad formats, facilitating user acquisition and engagement.
First telephone à 1876
First mobile à 1973
Texting à 1992 (text message sent from a computer to a mobile device)
Mobile-to-mobile à 1993 (first text message from mobile to mobile)
SMS commercialized à 2003
SMS campaigns à 2005
Smartphones à 2007
QR codes à 2010
Technology à 2013
Mobile ad spends à 2016
Mobile segmentation
OS; Mobile device; Screen size; Features; Location and Enriched data.
Tracking
Loyalty tool
Distribution channel
Source of revenue
Brand positioning à top of mind
Differentiation à additional features
Controlled environment à away from external sources of influence
Two-way communication à opportunity to gather data from customers
App Store Optimization (ASO)
Internet of Things (IoT)
Beacons
SEO and SEM
SEO à Search Engine Optimization is the practice of increasing the quantity and
quality of traffic to your website through organic search engine results.
How do Search Engines work? How do they get to list every website in the world?
1.External links.
2.Google Search Console.
3.Robots.txt
4.Sitemap.xml
RankBrain (Google)
Location-focused search
Relevance à how relevant the business is related to what you are looking for
Distance à how prominent that result is
Prominence
On-Site Optimization
Content
Tags
Internal links
Redirections
Images Optimization
URLs
HTTPS
Black Hat SEO
Technical SEO
Link building
Tools à Google Search Console, Bing Webmaster Tools, Google PageSpeed Insights,
GTMetrix, SEMRush, AHREFs, Google Analytics and Yandex Metrica.
SEO strategy
Digital Advertising
SEM à Search Engine Marketing
Keywords
Ad Account Structures (Google ads)
-Process:
-Ad rank
Campaign (Process)
Search – Ad Extensions
Sem – TIPS:
a. Content optimization
- Focused on conversion
- Keyword use
- CTA
b. User Experience
- Mobile first
- Ergonomics
- Ease of use
c. Regular updates
- Blog
- News
- Fresh content
PROGRAMMATIC ADVERTISING
Programmatic advertising:
- AdRoll
- Adobe Marketing Cloud
- Double Click
- Rubicon Project
- Ad Ready
- Choozle
Remarketing – Retargeting:
a. Display Ads:
- Personalized messages
- Appearing all over the internet
b. Social Media Ads:
- Following the customer on the social networks where they are.
c. Email marketing:
- Personalized content based on previous interactions
VIDEO MARKETING
Pros:
- ROI
- Engagement with the audience
- Interaction in social networks
- Reach within the online world
- Popularity
- Gives dynamism and freshness to the brand
- The video summarizes the written content
- Users can become potential customers
- SEO positioning help
- They give personality and audio-visual identity to the brand
- If you do it right, users will become addicted to videos
- You need a strategy, but creativity matters more
- Generate emotions
- Empathy
Cons:
- It takes longer than any other resources
- If you don’t have a work team, it will be harder to do it alone
- You need to have knowledge in the audio-visual area if you want to do it
yourself.
- It can be expensive, depending on your goal.
Personal branding
The conscious and intentional effort to create and influence public perception of an
individual by positioning them as an authority in their industry, elevating their
credibility, and differentiating themselves from the competition, to ultimately advance
their career, increase their circle of influence, and have a larger impact.
Personal branding:
What do we look for? - Market yourself
- Presence - Convey a message
- Positioning - Differentiate from the rest
- Credibility
- Visibility
Job hunting
Elevator Speech/Pitch
- Write everything that comes to mind. Who are you?
- Simplify your sentences. Make strong statements. What do you do?
- Connect phrases and keywords. How do you do it?
- Memorize and practice. What do you need?
- Think about possible follow-up questions. How can they keep in touch?
- Create different versions depending on your audience.
Values à
- Trust
- Honesty
- Courage
- Fairness
- Respect
- Caring
Personality à
Attraction marketing à
Online Reputation Management à
What is Advergaming?
Casual games
Advergames
Video games
- Avatar
- Community
- Currency
- Emoticons
- Grid
- Latency
- Universe
Game marketing
- Positive experiences
- Response to basic needs
- Engagement
- Freedom of choice
- Competition
- Meaning
- Progress
Inbound marketing
“It is a business methodology that attracts customers by creating valuable content and
experiences tailored to them. While outbound marketing interrupts your audience
with content they don’t want, inbound marketing forms connections they’re looking
for and solves problems they already have”.
Attract
- Content creation
- Whitepapers
- E-books
- Templates
- Demos
- Freebies
Convert
- Forms
- Newsletters
- CTA
- Landing pages
Close
- Lead management
- Emails
- CRM
Delight
- Personalized offers
- Smart content
- CRM
Lifecycle of a lead
Lead qualification
Lead nurturing
- Email
- Website
- Social media
- Events
- Videos
- Blog
- E-books
- Freebies
Dynamic scoring
- Demographic information
- Company information
- Online behaviour
- Engagement via email
- Social engagement
Explicit scoring à considers observable or directly shared information by the
prospect. It can be collected via contacts forms, registration, etc.
- Job position
- Income
- Location
- Gender
- Age
Implicit scoring à it consists of monitoring the behaviour (online and offline) of the
lead to know the level of interest it has for our products and the stage in which it is on
our customer journey.
- Opened mails
- Link’s clicks on emails
- Filled forms
- Information requests
- Calls made
- Participation in contests
Lead distribution
Content marketing
- Blogs
- E-books
- Templates
- Reports
- Infographics
- Slide decks
- Case studies