digital marketing plan for the launch of the online bidding company pujalista.com
DESCRIPTION
Digital marketing Plan for Pujalista.comTRANSCRIPT
Digital Marketing Plan
Lior Agassi
Valeria Deserto
Anurag Jaiswal
Einar Jóhannesson
Shirley Kleinman
Roberta Narikawa
Carlo Stimamiglio
Ruchita Vora
Group E
Does everyone have their phone
ON?
Please Tweet and update Facebook
Hashtag #Pujalista_GroupE
Agenda
The Context
Market Demographics and Segmentation
Positioning
Marketing Objectives
Product, Price and Place
Promotion: A Blended Marketing Plan
Critical aspects: Loyalty and Trust
Financial Budget and Prospects
Online Gambling Online Auction
250 websites
€400 million sales in 2010
4 million single visitors monthly
Cent Bidding
in Spain, an underexploited market opportunity
The Market
The Business
CENT BIDDING
“in part a shopping experience, in part online gambling”
04/10/2023 6
Some Competitors
“With nearly 150 websites dedicated to penny sales dotting the Internet
…the landscape is ripe for growth.”
The Denver Post 25/01/10
18 countries, 14 different
languages
Offices in New York, Perth and
Malta
Pujas at € 0.50 each
Bidding time as short as 15 sec
Product categories, but no clear star products
Poor ranking on Search Engines
Competitors
04/10/2023 8
Spain’s Online Demographics
Percentage NumberTotal population Online 62.20% 29,094,000
E-commerce users 17.40% 8,138,836
Men Women
55%45%
Gender
14-19
20-24
25-34
35-44
45-54
55-64
65 and above
10.80%
10.40%
26.70%
23.70%
14.90%
8.10%
5.40%
Age
Souce: Instituto Nacional de Estadistica, October 2011
Age distribution Percentage
Total Online
Involved in E-Commerce Males Females
14-19 10.80%
3,142,152
878,994 483,447
395,547
20-24 10.40%
3,025,776
846,439 465,541
380,898
25-34 26.70%
7,768,098
2,173,069
1,195,188
977,881
35-44 23.70%
6,895,278
1,928,904
1,060,897
868,007
45-54 14.90%
4,335,006
1,212,687 666,978
545,709
55-64 8.10%
2,356,614
659,246 362,585
296,661
65 and above 5.40%
1,571,076
439,497 241,723
197,774
Souce: Instituto Nacional de Estadistica, October 2011
Total from the 3 segments 18.998.382 5.314.660 2.923.063 2.391.597
Spain’s Online Demographics
Segmentation & Targeting
Women between 25-45 & Men between 18-35 are the most attractive segment for Pujalista’s positioning! Lots of free time, Willing to try new products, Seek new time productive alternatives. Function as influencers of the broader market. Social Active: Social media, Group activities, Coffee Shops. Impulsiveness & more disposable income suggests less price sensitivity
Men 18-35 Women 25-45
Marital Status Single Single/Married
EmploymentUn Employed/Part Time
StudentsUn/employed
Purchase Pattern Conservative Impulsive
Products Attention Grabbers Standard Offers
Preferred products Electronics, Sports Travel &leisure, Fashion
Disposable Income 700 Euros 2,000 Euros
For those who seek new opportunities,
PujaLista
is an online cent bidding platform
that can make your dreams come true
because it offers you great products at the lowest price,
through a safe and fun experience.
Positioning
200.000 unique customers per month
€ 8 million sales in year 1
Establish Pujalista as the Cent Bidding premier brand in the Spanish Market
75% monthly retention rate
Marketing Objectives
Product: the bid
14
Bid “packaging”: price per bid reduces as package size increases
1 A digital, Intangible product
2
3
4
5
Countdown bid time: Accelerates towards reaching the “ceiling”
Ceiling price: Lower for higher cost products (e.g. from 20% to 10%)
Personalization: Ability to search by product category / type / brand “Wish list” – notification system for specific products Recommendation system according to user history of purchases
10 30 50
€ € € € € €
Product: the offered products
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The product offerings will bedivided into the following categories:
“Attention grabber” Standard offers
Travel & Leisure
Fashion
Sports
Furniture
Consumer electronics
STAR PRODUCTS
STANDARD PRODUCTS
Market based Pricing Strategy
16
Product price ceiling (% of retail price)
Product price(% of retail price)
Retail price
The ultimate goal is price parity or higher than competitor. The brand equity of the “sister” brands in northern Europe countries suggest that premium price be possible (if trust is established). Prices should be increased gradually, supported by incremental marketing spending
2
Ceiling
Bid price
No. of bids
Bid price
1
Website The main platform
for Pujalista Products are
displayed according to categories
Mobile / Tablet Apps Enables smart-phone / tablet
users to access and participate in the auction
Increases the accessibility of the service, raises user engagement and promotes more spontaneous auctioning
Available in news stands For users concerned in
disclosing credit card information online
Available only during the launch phase and to be phased out as Pujalista gains customer trust
Enables Facebook users to to buy bids
News feed Word-of-mouth
within Facebook friends
Helps to build trust
Facebook App
Place
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Pre-paid Bid Cards
1 2 3 4 5 6 7 8 9 10 11 120
Phase I Phase II
Brand Building Social Gaming, Social Media Marketing, Bus-stop billboards
Creating Trust
Blogs , User Communities on Pujalista’s website , Social Media Interactions
Buzz Creation
Guerrilla Marketing Viral MarketingSocial Gaming
Drawing-in Traffic
SEO & SEM Rich-media ads
QR Codes e-Coupons
Mobile advertising
Customer Engagement
User communities Social Media Marketing
Blogs PersonalizationSocial Gaming
Customer Retention
eCRM E-mail Marketing (pull) SMS Marketing (pull)
Personalization Remarketing
Social Media Marketing
Market Research
Active : E-Surveys, E-mail Marketing Passive: VRM
Months
Promotion: a blended mktg plan
Viral video based on an offline event during the first month of launch
Uploaded on social media e.g. youtube, facebook and other websites
Offline event: during the championship Advertise on a maxi screen in Santiago Barnabeu Pujalista Bid for one ticket of the League with a weekend transfer Invite people to bid during the break, giving free Pujas to
the first 50 activating bluetooth. Bid allowed through SMS Record a video with the following message: “Why are
people so quiet in a stadium? Another match is keeping them busy…Pujalista, pujas por tu suenos!!”
Put the winner on the maxi screen
Communicate the brand Create e-buzz (conversational capital) Build traffic
Viral promotion
04/10/2023 19
AND THE WINNER
IS….
Objective
How
Local event in Plaza del Sol (Madrid) and Ramblas (Barcelona)
Flash mob Plus simultaneous bidding
Direct interaction with customers Create a customer experience and build
buzz around the brand (conversational capital)
Guerrilla
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Objective How
http://www.youtube.com/watch?v=VQ3d3KigPQM&feature=player_embedded
1
Bus stop ads: chairs in the shape of chips (pujas)
“Street art”: stickers on bins with the slogan:
“ Don’t throw your dreams: puja por tu suenos”
Guerrilla
I LOST MY JOB
I LOST MY HOME
But I found
2
3
4
Ads on billboards. Redirect users to: Viral video Company website Special offers Discount coupons
Allow metrics of offline marketing tools
http://thebizloft.com/content/qr-code-quarkode-profila-gli-utenti/
Guerrilla
How5
6
Social media marketing
04/10/2023 23
Facebook Ads on profiles of target segments
Ads re-directed to Pujalista with option to import personal information for registration
“Get a buddy” campaign
Automatic newsfeed updates
Focused campaign
Easy and quick registration
Allow friends from FB to see who joined Pujalista and what items they won (create engagement and trust)
“Invite 10 friends and get 20 free bids” (referral marketing and virality)
# CTR
# Conversion rate
# fans or followers
# tweets per minute
# re-tweets or comments
# subscribers
# likes
Metrics
Corporate blog
04/10/2023 24
Upcoming events Product releases Videos: educational information Not overly promotional Polls to engage users (“Which product
would you like to see in Pujalista?”) Winner’s panel Distribution through Social Media
# Visitors
# Page views
# of inbound links created
# of comments
# RSS subscribers
Metrics
Content
“A dead blog is worse than no blog”
How
E-research
04/10/2023 25
Passive search: VRM Social media tracking Website/blog KPI’s Keywords KPI’s
Active search E- surveys (facebook polls,
e-mail surveys) Give free pujas/ discounts in
exchange for surveys
Objectives
See who is the customer (target refining) Check what he wants Adapt the offer (product tuning)
Most Widely Visited Websites
September 2010 (Total Spanish audience, age 6+, Home & work):Total Internet: 23,067,000 unique visitors (100.0 % reach)
Portals
Search/Navigation
Multimedia
Blogs
Downloads
Photos
Newspapers
Sports
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
100%
92%
73%
71%
65%
58%
55%
55%
54%
Top 10 website categories in Spain ranked by unique visitors
Source: Instituto Nacional de Estadistica, October 2011
SEO (“free” organic traffic)
04/10/2023 27
On site URL, titles and meta
tags Content Landing pages
Off site Press releases Articles Interviews "How-to"s Posts on forums
Objectives
Look good on Google Look good for the right keywords
How
Keyword research Content creation
Where
SEM (paid traffic)
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Mostly Google AdWords Other search engines AdSense and ad networks
Objectives
To get traffic, we can’t get organically
Increase traffic and revenue fast (SEO takes time)
Good SEO lowers cost of ads and improves results
How Keyword research
Need huge lists with long tails Split testing ads and optimized
landing pages
Where
SEO and SEM
04/10/2023 29
COST
Not expensive
As much as possible
METRICS
Traffic
Conversions
Organic Ranking
Impressions and CTR
Conversions
ROI
SOME TOOLS
Market Samurai
Senuke
Google Analytics
Keyword Spy
A/B testing
Google Analytics
SEO
SEM
SEO & SEM Competition
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What is it? Affiliates are paid a percentage Getting other people to do your jobs Filling in the blanks
Some strategies affiliate marketers use: Review sites Tips and strategies Articles Classified Ads Posts on forums Videos
Affiliate Marketing
04/10/2023 32
Affiliate Marketing Ranking
Affiliate Marketing “How-To”
Visitor Relationship Mgmt
04/10/2023 34
Objective
Development of more user-friendly websiteConverting visitors to customers
How Collect data about navigation patterns of
anonymous users Analyze data to identify visitor
preferences Modify website according to analyzed
data
Conversion Rates Dropout rates
Metrics
Tools
E- CRM
04/10/2023 35
Objectives
Improve customer satisfaction Reduce customer-service cost
How Active and passive data collection Data aggregation Analysis and implementation
Customer satisfaction ratings Number of sales per registered user Sales amount per registered user
Metrics
Tools
Personalize marketing messages Enable mass customization
Email & SMS
Helps in personalization by linking it to e-
CRM
Keeps the user connected to Pujalista
Helps in customer retention
Sorry! You did not win this time. Do you want us to keep you updated of our new products?
Email Address
Mobile Number
Click Through Rates
Bounce Rate
List size
New Subscriptions
MetricsObjectives
Online Configurators
04/10/2023 37
Objective
To improve user-experience
To collect data about user preferences
How Customer satisfaction ratings Number of sales per registered user Customer interaction and feedback
Customer satisfaction ratings Number of sales per registered user Sales amount per registered user
Metrics
Tools
User Community on Website
Builds trust Engages customers Creates brand ambassadors
Number of active users Number of unique registered
users/Number of visitors Number of posts
OR Create your Pujalista profile
Find out who else is bidding. Check out their “Pujalista
profiles”!!!
Chat with fellow bidders!
ON
MetricsObjectives
PujalistaIsle
Social Gaming
Engages target customers Creates conversational capital Brings user traffic
Objectives Metrics
Example
Virtual Treasure Hunt Multiplayer Facebook Game Winning Prize – 100 Pujas
Number of unique users Conversion Rate Number of game invitations sent
Mobile Advertising
Builds Brand Brings User Traffic
Click Through Rate Conversion Rate
MetricsObjectives
”In-app ads perform 11.4 times better than standard banner ads, which means they are almost as effective as search.” - Appsavvy
Sold for €50!
Buy Bids
Bid Now
Live Bids!
Building Trust
04/10/2023 41
Offline sale of Pujas News stands Tobaccos
Secured online payments PayPal Verified by VISA
Blog and internal communities Referral marketing Real people posting comments
Tutorial How does the bid work?
Facebook campaign/app Referrals Notification when people purchase bids
How to Retain Customers
Loyalty
04/10/2023 42
Personalization of the web page (profile, interests, customized notification) Create a wish list and notify people when the new products will be introduced Provide discounted pujas after a certain number of bids Give free bids to the lowest performers Enroll people to a loyalty program giving the members certain personalised customer
services like a small gift on their birthdays or points for every 500 bids they buy which they can en-cash in a store
“Tricks and tips for a perfect bidder” tutorial
Pujalista.comLoyalty
Card
Digital Marketing Plan
PERSONALIZATION
● Online Configurators
● Wishlists
● Customized notifications
PREDICTIVE MODELLING● VRM
● E - surveys
PARTICIPATION● User networks on Pujalista’s website
● Company blog
● Facebook community pages
● Wishlists
● Social gaming ● Mobile marketing
● QR codes
●Viral video
PEER-TO-PEER● User networks on Pujalista’s website
● Company blog
● Viral video
● Facebook community pages/
app
DIGITAL MARKETING PLAN
Budget
TOOL COST
Viral Promotion 20,000
Guerrilla Marketing 80,000
Social Media Marketing 20,000
Corporate Blog / User communities 30,000
E-research 5,000
SEO / SEM 100,000
Affiliate Marketing 20% of Sales
VRM 5,000
e-CRM 10,000
Online configurator 15,000
Social gaming 30,000
Mobile advertising 10,000
E-mail / SMS 25,000
Total 362,000
Thank You