Professional Documents
Culture Documents
Dec 2 3 Soci Media
Dec 2 3 Soci Media
Pg 442
SOURCE PUBLISHER INFO AVALABLE
Indian readership survey MRUC /Press/qtrly Readership data/press
vehicles/media
usage/product usage
TAM media express TV audience Viewership data by
measurement programs, share and
Weekly time spent
Radio audience TAM Weekly Listenership
measurement RAM with/without FM;
Stations listened to
previous day/day parts
AVE
AVE-Quantitative evaluation
Advertising Value Equivalent
PR MILEAGE
- Print/electronic /SM coverage got
- Calculate advertising rates for coverage
Does the value exceed the cost? What ratio?
3:1
Media ROI measurement challenge
Pg 295, 296
Social Media
Overview: What is Social
Media?
Social media refers to online tools and services which allow an
exchange of ideas, information, videos, pictures, and graphics — just
about anything you can name.
ENJOY
BUY
EVALUATE
CONSIDER
Differences between earlier
and now..
Earlier- linear evaluation; now back and forth
Earlier-Knowledge level less; now high knowledge
Earlier-Single source of brand info; now –multiple
Earlier- shortlist narrowing; now- new brands maybe added during the
process
Earlier-Point of purchase only for purchase; now-more
Earlier- post purchase-little interaction; now-online reviews/brand
building
Implications for brand
communication
Budget allocations to change radically ( Awareness through banner ads,
video virals, SEO vs Advocacy through product reviews)
Paid media versus owned media ( websites) and earned media
( customer channels, brand communities) as well as non –working
media ( people and technology)
Key questions to ask :
How did consumer search?
Did they show preference for retailer site?
How did they partake in online communities?
Which sources were disappointing to them?
How did brands enter and leave their decision sets?
What finally drove purchase?
Latest findings about media
consumption:
Offline channels like TV/Radio/WOM- influential only during
‘consider’stage
At ‘evaluate’ stage- consumers directly went to Amazon etc
with expert/product ratings and visuals ; click stream analysis
reveal importance of web links between retail sites and
company products
Very few went to company/manufacturers’ websites
Display ads relevant only for discounts/when close to ‘buy’
stage
Retailer’s post purchase email spurs product feedback ;
especially trouble shooting
Integrate well with retailer sites for communication
Some eg.s of social media/on line communication
integrations ..
Apple-eliminated jargon, aligned product descriptions, created rich
videos- ensure high consistency across touch points
Nike-’Just do it’ given way to Creating records of work out data, global
fund raising races, customized online training.
McDonalds-Tailored messages including discount coupons, contest
opportunities, special event invitations.
Changing role of marketing
communications..
Orchestrator of many tasks..
Publisher and content supply manager..
Market place intelligence leader..
Why some brands are
reluctant to use social media
Knowledge risk-Senior managers less familiar
Incentive structure-Strong pressure for media airing revenues
Measurement-GRPs easier to measure than page views/engagement
Loss of control-To consumers of their brands..
Cost and time-SM needs too much creativity
Their brands are too boring! –To be on Social media?
Framework for social media
Immerse Reflect
Define
Engag
Evaluate
e
Immerse- contd..
Invest sufficient time to learn language and tools of SM
-Not a waste of time; cant delegate to youth!
Organisational learning
-Best Buy embraced social media through Blue Shirt nation- internal
employee communication social network; Reduced attrition
-Unilever-Invited FB/Google/Twitter heads to meet Senior management
and see what new technology can do
-Unilever-Reverse mentoring-Two weeks with younger experts
-Employee swap- P and G- /google swapped two dozen employees for
many weeks-online campaign on Youtube
-Digital night- sell Tide only online-on charity
“Immerse”
Personal and organizational learning
Blogs
Social networks
How to
Twitter participate
in SM
Discussion forums
Content
aggregators
“Reflect”
Connect knowledge of SM with org strategy- Balance control
vs engagement
Questions :
Are you prepared for negative feedback?
Are you willing to change your brand positioning based on feedback?
Will brand advocated appear online and stimulate positive
conversations?
3. Allocate resources
Tips
Make it easy and non-threatening for your
audience to participate
Write content that’s worth sharing
Acknowledge and recognize your audience
Integrate all of your marketing efforts
Don't try to keep up with the Jones’
Be entertaining, informative, and most importantly
genuine
Tips—contd…
Don’t duplicate your Web site, brochure, newsletter
Start with your friends
Embrace your audience
Keep it personal, real & authentic
Use often
Build maintenance time into your schedule
Encourage participation
Top 5 best practices:
1. Do some Spring cleaning!
2. Beef up your information section.
3. Be active/share.
4. Follow industry influencers and companies/groups of interest.
5. Quality vs. Quantity
Top 5 best practices:
6. Think of a brand that can run a campaign like this on twitter? State the key message objective, implementation
mechanics and post campaign metrics.
VIRAL MARKETING
DVR eliminates ads in TV( 81% viewers use this!)
12% of online video viewing is for ads-2011 USA data-conscious viewership of ads.
Ratio between time spent and ad spend- highest for Internet and lowest for print/TV.
When your content goes viral– its every marketer’s dream; ultimate free lunch(low cost of production
as most of it is user generated content)AND low cost per reach.( smaller companies also benefit)
48% visit company website after seeing online video; 11% share it and 22% make a subsequent
purchase.
Two factors- psychological response ( how you feel), social motivation ( why you want to share)
Social motivation drivers-Opinion seeking (25%),Shared passion, Helps me socialize off line
Viral habits..
Difficult to ‘engineer’ virality-only 3% of youtube videos have a min of
25000 views.
The more a video generates shares first two days, higher the viral peak
and greater overall volumes…Wednesday seems to be most frequent
day!
Pros and cons of viral
marketing
PROS CONS
Higher Reach uncertainty
engagement
Persuasive Lack of
predictability
Low cost Low control
Better targetting
How to make it go viral..
Big seed marketing- combining internet practices with old fashioned
advertising..using common people.
The internet ad has to have an independent value over the
product/brand.
Initial set of influencers share with atleast MORE than one individual..
The traditional ad which is ONE way can now be shared- reaching
millions relevant consumers…with more credibility
Three steps
1. Unique storytelling focus-series works best?
2. Managing digital platforms
3. Building high profile network influencers to help spread
Unique storytelling
1. Strong deep consumer insight ( Whisper’s uniform
check)-innate need-through focus groups, online opinions..
Eg: Humour is youth currency; Mentoring in a golf course is
mid age currency.
PAID