content marketing 101: overview of content marketing

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Crown - CONTENT MARKETING ASIA MASTERCLASS February, 2014 Content Marketing 101:Overview of Content Marketing • The changing behaviour of customers • How content marketing enhances customer engagement and conversion • The convergence of social and content marketing (engagement, not merely likes) • The process: Strategy, Creation and Syndication. • Thoroughly understand the three components necessary to implement an effective content marketing strategy • Receive guidance on what types of content may be suitable for their particular organization • Determine the best way to distribute content • Address important issues such as implementation and management of a content strategy

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Overview of Content Marketing Case Study, Concepts, and Debatable Ideas

Kenny Ong

Unilever Network Malaysia

http://totallyunrelatedrandomanddebatable.blogspot.com/

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Branding today…

13th April 2009

•Two Domino’s employees

•YouTube

•Apology from Domino’s after

48 hours

•1 million hits

•Twitter: questions on silence

•LinkedIn: suggestions by users

in forum

BusinessWeek, May 4, 2009

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Domino’s GPS Tracker

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€50 Billion

Worldwide sales in 2011

2 billion people

Use Unilever’s products Each day worldwide

400 Brands

Sold in 180 countries

167,000 employees

Work for Unilever

130 YEARS & STILL GROWING

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Agenda

Business

Channel Target

CONTENT

THE REAL GOAL OF

MARKETING AND BRANDING Understanding our role in the whole scheme of things

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The real goal of Marketing and

Branding

Understanding our role in the whole

scheme of things

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PR back then…

18th century: press relations,

lobbying and, celebrity campaigning

World War I: U.S. publicity

1920’s: Tobacco Industry

Source: Wikipedia.com

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Role Of PR & Communications in

the OLD DAYS?

1. helping find or create great stories,

2. translating stories into the language that

the right audience can understand,

3. using the best tools to reach those

audiences,

4. listening the to feedback and echoes the

stories create,

5. engaging in the appropriate way, and

6. Gatekeeper (unfortunately)

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What has Changed?

• Content Marketing

• Social Media

• Engagement

• SEO

• Syndication &

Distribution

• Platforms

• Stories

• Translation

• Reach

• Listening

• Engaging

• Gatekeeper

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What has NOT changed?

• Stories

• Translation

• Reach

• Listening

• Engaging

• Gatekeeper

• Content Marketing

• Social Media

• Engagement

• SEO

• Syndication &

Distribution

• Platforms

The ROLE

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What Changed?

Change

Audience

Story

Tools

Channel

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What is the purpose of

Marketing & Branding?

Ultimate Objective of Marketing:

“Get more people, to buy more

things, more frequently, at higher

prices.”

Sergio Zyman

“Retention and Loyalty are useless if

No Conversion is happening.”

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What is the purpose of

Marketing & Branding?

“Retention and Loyalty are useless if

No Conversion is happening.”

“Communication is useless if No

Conversion is happening.”

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What is the Objective?

1.Comm = Relationship (something like

Dating)

2.Comm ≠ Media glitz

3.Comm ≠ ATL/BTL/BwTL/ArTL/FTL

4.Comm ≠ CSR

5.Comm ≠ Social Media

6.Comm = Get more people, to buy

more, more frequently, at higher prices

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Agenda

Business

Channel Target

Content

THE BUSINESS MODEL The biggest impact

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The McPlaybook*

Make it easy to eat

• 50% drive-thru

• Meals held in one

hand

Make it easy to prepare

• High Turnover

• Tasks simple to learn

& repeat

Make it quick

• “Fast Food”

• Tests new products

for Cooking Times

Make what customers want

• Prowls market for new

products

• Monitored field tests

*Adapted from: Businessweek , Februrary 5th 2007

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What is the Business Model?

USP

Market

Discipline Profit Model

•Google

•Tata Nano

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Business Model: Profit Model

Revenue

Cost

Margin Cash

Flow

Assets

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What is the Business Model?

USP

Market

Discipline Profit Model

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Market Discipline

"They are the most innovative"

"Constantly renewing and creative"

"Always on the leading edge"

"A great deal!"

Excellent/attractive price

Minimal acquisition cost and hassle

Lowest overall cost of ownership

"A no-hassles firm"

Convenience and speed

Reliable product and service

"Exactly what I need"

Customized products

Personalized communications

"They're very responsive"

Preferential service and

flexibility

Recommends what I need

"I'm very loyal to them"

Helps us to be a success

Product Leadership

Operational Excellence

Customer Intimacy

• Cost

• Convenience

• TCO

• Features,

Benefits

• Limited

Range

• Solutions

• Customization

• Breadth &

Depth

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Market Discipline

"They are the most innovative"

"Constantly renewing and creative"

"Always on the leading edge"

"A great deal!"

Excellent/attractive price

Minimal acquisition cost and hassle

Lowest overall cost of ownership

"A no-hassles firm"

Convenience and speed

Reliable product and service

"Exactly what I need"

Customized products

Personalized communications

"They're very responsive"

Preferential service and

flexibility

Recommends what I need

"I'm very loyal to them"

Helps us to be a success

Product Leadership

Operational Excellence

Customer Intimacy •Air Asia

•LV

•Ramly

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Operational Excellence

(low cost producer)

Ref: The Discipline of Market Leaders, Michael Treacy & Fred Wiersema; 1995

Product Leadership

(best product)

Customer Intimacy

(best total solution)

Alignment & Consistency:

Market Disciplines

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Operational Excellence

(low cost producer)

Ref: The Discipline of Market Leaders, Michael Treacy & Fred Wiersema; 1995

Product Leadership

(best product)

Customer Intimacy

(best total solution)

Alignment & Consistency:

Market Disciplines

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Operational Excellence

(low cost producer)

Ref: The Discipline of Market Leaders, Michael Treacy & Fred Wiersema; 1995

Product Leadership

(best product)

Customer Intimacy

(best total solution)

Alignment & Consistency:

Market Disciplines

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Operational

Excellence

• Competitive price

• Error free, reliable

• Fast (on demand)

• Simple

• Responsive

• Consistent

information for all

• Transactional

• 'Once and Done'

Customer Intimacy

• Management by

Fact

• Easy to do

business with

• Have it your way

(customization)

• Market segments

of one

• Proactive, flexible

• Relationship and

consultative

selling

• Cross selling

Product Leadership

• New, state of the

art products or

services

• Risk takers

• Meet volatile

customer needs

• Fast concept-to-

counter

• Never satisfied -

obsolete own and

competitors'

products

• Learning

organization

Alignment & Consistency:

Disciplines, Priorities, and KPIs

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Operational Excellence

(low cost producer)

Product Leadership

(best product)

Customer Intimacy

(best total solution)

Alignment & Consistency

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Operational Excellence

(low cost producer)

Product Leadership

(best product)

Customer Intimacy

(best total solution)

Alignment & Consistency

HP well-balanced

portfolio, mass

customization

Acer super lean

cost structure,

aggressive pricing

Apple powerful

products, premium

pricing, limited range

Still Doing

well in

2009/2011

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Operational Excellence

(low cost producer)

Product Leadership

(best product)

Customer Intimacy

(best total solution)

Market Disciplines: Hardware

Samsung well-

balanced portfolio,

mass customization

‘Locals’ super

lean cost structure,

aggressive pricing

Apple powerful

products, premium

pricing, limited range

Still Doing

well in

2012-

2013

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Operational Excellence

(low cost producer)

Product Leadership

(best product)

Customer Intimacy

(best total solution)

Market Disciplines: Technology

Google well-

balanced portfolio,

mass customization

Amazon super

lean cost structure,

aggressive pricing

Apple powerful

products, premium

pricing, limited range

Still Doing

well in

2012-

2013

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Alignment & Consistency:

Business Model

USP

Market

Discipline Profit Model

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Agenda

Business

Channel Target

Content

UNDERSTANDING THE TARGET The power of targeted communications

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Understanding the Target

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Target: Decision Chain

Influencer

Buyer

User

Again: different type,

different strategy

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Market Penetration Overview

• “Crossing the Chasm”

Resistant to taking up new product (prefer ‘safe’ route)

1. Need to attract the Early Adopter (willing to try) group first via neutral and niche products

2. The Mass market will follow once they see early adopters joining

3. If company does not innovate or has weak retention plans, customers will leave

Men vs. Women: Getting Dressed

Men vs. Women

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Content for WHO?

Age

Gender

Location

Language

Interests

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What does the Customer

want?

* Treacy & Wiersema, The Discipline of Market Leaders, 1995

Product/Service Attributes Relationship Image

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What does the Customer

want?

* Treacy & Wiersema, The Discipline of Market Leaders, 1995

Product/Service Attributes

Price

Quality

Time

Selection

Smart Shopper

Relationship Image

Operational Excellence: Quality and selection in key categories with unbeatable prices

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What does the Customer

want?

* Treacy & Wiersema, The Discipline of Market Leaders, 1995

Product/Service Attributes

Brand

Time

Function

Best Product

Relationship Image

Product Leadership: Unique products and services that push the standards

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What does the Customer

want?

* Treacy & Wiersema, The Discipline of Market Leaders, 1995

Product/Service Attributes

Service Trusted Brand

Relationship Image

Customer Intimacy: Personal service tailored to produce results for customer and build long-term relationships

Relations

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Go-To-Market: Different Customers,

Different Methods

Self Reliant Need Help

Seek

Change

Seek

Stability

Searchers Collaborators

Streamliners Delegators

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Go-To-Market: Different Customers,

Different Methods

Self Reliant Need Help

Seek

Change

Seek

Stability

Searchers Collaborators

Streamliners Delegators

•touch and feel

•‘first’ to know

•Talk to technicians/experts

•pros and cons, trends, lots

of info

•Offer choices

•Online resource

•innovations, new stuff

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Go-To-Market: Different Customers,

Different Methods

Self Reliant Need Help

Seek

Change

Seek

Stability

Searchers Collaborators

Streamliners Delegators

•Minimize risk

•Standardization and

consistency (routines)

•Wants systems to follow

their habit

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Go-To-Market: Different Customers,

Different Methods

Self Reliant Need Help

Seek

Change

Seek

Stability

Searchers Collaborators

Streamliners Delegators

•Treats Store Personnel as

consultants

•Pilot projects, process

improvements

•Co-discover new

applications for existing

business/products

•Ongoing coaching and

value-added services

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Go-To-Market: Different Customers,

Different Methods

Self Reliant Need Help

Seek

Change

Seek

Stability

Searchers Collaborators

Streamliners Delegators

•narrow choices

•Pre-package, pre-select

(default)

•Make it easier to renew

than to cancel

•Focus on a specialty

(niche)

•Honesty, reliability, Trust

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Agenda

Business

Channel Target

Content

RIGHT TOOLS, RIGHT TIME,

THE RIGHT AUDIENCE The power of targeted communications

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Marketing Mix Trends

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Marketing Mix Trends

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Marketing Mix Trends

1. Email is still the best tool

2. SEO (Google PageRank) is the key

3. Blogs increase SEO

4. Press Release with pictures

5. Event Marketing is powerful

6. Social Media budgets will 2X

7. Customer Testimonials

8. Visual and Video

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The Unfortunate World of Social Media

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Things to note about Social Media

• Social Media ≠ Sales Weapon

• Social Media ≠ Media Weapon

• Social Media ≠ Direct Marketing

There is no Silver Bullet

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So What’s the Use of Social Media?

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The Right Tools for the Job

Reach of Communication

Qualit

y/I

nte

nsity o

f

Com

mu

nic

ation

Personal

(exp)

Personal

(info)

Impersonal

(info)

Individual Mass

Mass Traditional, In-

home, Out-Of-Home

Mass Unconventional

Mass Online

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The Right Tools for the Job

Reach of Communication

Qualit

y/I

nte

nsity o

f

Com

mu

nic

ation

Personal

(exp)

Personal

(info)

Impersonal

(info)

Individual Mass

Mass Targeted

Conventional

Mass Targeted Online

E.g. Annual Reports,

Analyst Briefings, IR

Roadshows, IR Website

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The Right Tools for the Job

Reach of Communication

Qualit

y/I

nte

nsity o

f

Com

mu

nic

ation

Personal

(exp)

Personal

(info)

Impersonal

(info)

Individual Mass

Individual Targeted

Conventional

Individual Targeted

Online

Contests

One-on-One

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The Right Tools for the Job

Reach of Communication

Qualit

y/I

nte

nsity o

f

Com

mu

nic

ation

Personal

(exp)

Personal

(info)

Impersonal

(info)

Individual Mass

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Agenda

Business

Channel Target

Content

CONTENT MARKETING 101 Back To Basics

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Do you face any of these problems

with Content Marketing?

Coming up with ideas/topics/titles ideas?

Creating original content?

Nobody sharing your content on social media?

Low levels of referrals to your website from

social media?

Visitors not staying long on your website?

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Who can do these?

1. Eye for good story -> shared on social media & drive

traffic

2. Entertain -> emotional attachment

3. ‘Stickiness’ -> improves SEO.

4. Click-through -> create great headlines

5. Quality content -> quality and originality

6. Non-salesy content -> commercially-neutral content &

maximum value to the reader.

7. Meet deadlines -> on-going activity

8. Stay within the law

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Content ≠ Media

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Content = Journalism

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http://money.cnn.com/2013/11/25/technology/katie-couric-yahoo/

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Optimize Your Content (1)

•intro

•conclusion

•cover page +

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Optimize Your Content (2)

+

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The Future

Time to plan your new content strategy

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Business Today…

$19.90

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Gamification SPARX

Developer: University of Auckland

http://www.springwise.com/health_wellbeing/virtual-roleplaying-game-helps-teenagers-deal-depression/

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Gamification

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Gamification

Activities

Leader Board

(Ego/ Achievement)

Rewards (Satisfaction)

Community (Belonging)

Experiential Marketing: Example

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Experiential Marketing:

Example

• Opened first café in midtown New York.

• It serves coffee in a pleasing environment,

– comfortable lounge

– read the financial newspapers

– watch on plasma screens

– FREE Internet

• Customers can’t perform financial transactions in the

Café.

– > $200 million new accounts and mortgages < 1 year

• Starbucks-like prices for coffee, tea, biscotti, and other

pastries.

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End Notes

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Which Company?

American Customer Satisfaction Index (ACSI)

• 64 out of100-point scale: lower than IRS (Tax)

• 2nd last among 30 companies surveyed

• Lowest 5% among 223 companies surveyed

• Bottom 5% of all measured private sector

companies

• 500 million customers

2010 American Customer Satisfaction Index

(ACSI) E-Business Report

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Which Company?

American Customer Satisfaction Index (ACSI)

• 64 out of100-point scale: lower than IRS (Tax)

• 2nd last among 30 companies surveyed

• Lowest 5% among 223 companies surveyed

• Bottom 5% of all measured private sector

companies

• 500 million customers

2010 American Customer Satisfaction Index

(ACSI) E-Business Report

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Popularly Unpopular

Popularity

Affection

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What is the purpose of

Marketing & Branding?

Ultimate Objective of Marketing:

“Get more people, to buy more

things, more frequently, at higher

prices.”

Sergio Zyman

Thank You.

soft copy of slides: http://totallyunrelatedrandomanddebatable.

blogspot.com/

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