online marketing principles integrating social media into your marketing strategy

16
St. Mary’s University – MBA Class 1 Online Marketing Principles Integrating social media into your marketing strategy August 25, 2012

Upload: jeremy-roberts

Post on 21-Jan-2015

674 views

Category:

Business


6 download

DESCRIPTION

This is the presentation for the class I taught at St. Mary's University for an MBA workshop on 082512.

TRANSCRIPT

Page 1: Online marketing principles integrating social media into your marketing strategy

St. Mary’s University – MBA Class

1

Online Marketing PrinciplesIntegrating social media into your marketing strategy

August 25, 2012

Page 2: Online marketing principles integrating social media into your marketing strategy

About Me – Jeremy Roberts

2

Page 3: Online marketing principles integrating social media into your marketing strategy

Today’s Class

Class Title: Online Marketing Principles – Integrating social media into your marketing strategy

Course Description

This class reviews the latest principles in online marketing, social media and attribution modeling and will provide students with the fundamentals for developing an innovative online marketing strategy. Includes the role of online marketing and social media as part of the marketing funnel: understanding the basics of the marketing funnel, the role of social media in the funnel, identification of target segments and buyer personas, building engagement programs, development of social media platforms in relation to other online channels, the role of marketing content and developing and integrated online marketing strategy.

Class Outline

• Anatomy of Online Marketing

• How Marketing feeds the funnel and the role of social media in the funnel

• Identification of target segments and buyer personas

• Development of social media platforms in relation to other Marketing channels

• Role of marketing content

• Policies & Guidelines

• Developing an integrated online marketing strategy

3

Page 4: Online marketing principles integrating social media into your marketing strategy

Anatomy of Online Marketing

• Online marketing is an interplay between your website, search, social media, content, real time analytics, and email marketing

• Online marketing is present throughout the sales cycle as part of the attribution model

• Online marketing creates meaningful interactions/touch points meant to drive prospects down the funnel

4

Page 5: Online marketing principles integrating social media into your marketing strategy

Marketing Budget Split 2011

Source: Marketing Sherpa, October 2010

Inbound channels

Outbound channels

Page 6: Online marketing principles integrating social media into your marketing strategy

Online vs. Offline

86% 46% 44%Skip TV Ads Decline in

Trade Show Spending

Unopened Direct Mail

Source: The guardian, August 2010, TSEA.org and EPA.org

Page 7: Online marketing principles integrating social media into your marketing strategy

Age Distribution of Facebook Users

54% of Facebook users are over the age of 25

Page 8: Online marketing principles integrating social media into your marketing strategy

8$

SEM

SEO

Trade ShowsOnline Display

Events

WebinarsDemos

Whitepapers

Blogs Email

Social: feeds the funnel with leads that are pre-qualified and targeted

FollowersRecommendations

GroupsSEMOnline Display Inbound: feeds the

funnel with leads that are more mass market

but still early in the sales cycle

Social is the catalyst that drive them through the

funnel through: Recommendations, Relationships, and

Referrals

Soc

ial

How Marketing feeds the funnel and the role of social media in the funnel

VideosSEO M

arke

tin

g

Sal

es

Awareness

Consideration

Decision

Page 9: Online marketing principles integrating social media into your marketing strategy

Identification of target segments and buyer personas

Hotel – JW Marriott

Buyer Persona 1 – Business Person

Buyer Persona 2 – Traveling Enthusiast (Vacationer)

Buyer Persona 3 – Family

• Who are you marketing to?

• How are you positioning each product?

• How does each interpret the marketing message?

• How does each consume the product?

9

Page 10: Online marketing principles integrating social media into your marketing strategy

Buyer Persona Exercise• Split into groups of 4

• Choose an industry/business– Gold’s Gym

– La Gloria Mexican Restaurant

– Trader Joe’s

– USAA

• Identify a list of 5 or so products sold

• Identify 3 buyer personas

• How will you sell a product set to each buyer persona

• How will each consume the product set

9 minutes to think

4 minutes to present for each team

10

Page 11: Online marketing principles integrating social media into your marketing strategy

Development of social media platforms in relation to other Marketing channels• What social media channels are appropriate for your target audience?

– Facebook

– LinkedIn

– G+

– Twitter

– YouTube

– Pinterest

– Review Sites

– Community Activities

• How should your social channels interact with your other Marketing channels?– Google Search

– Display Ads

– Email

– Webinars

– Whitepapers

– Events 11

Page 12: Online marketing principles integrating social media into your marketing strategy

Role of marketing content

• Content is King!

• Videos

• Whitepapers

• Articles

• Social Posts

• Webinars

• Demos/Free trials

• Press Releases

• Must build a content calendar

12

Page 13: Online marketing principles integrating social media into your marketing strategy

Policies & Guidelines• Policies

– Who should be involved

– Who should be using it

– Codes of conduct

– Response policies

– Abuse policies

• Guidelines– What platforms are you going to use

– How often should they participate

– What type of content do you have

– How should you respond to posts: inquiries, problems, recommendations, abuse

13

Page 14: Online marketing principles integrating social media into your marketing strategy

Developing an integrated online marketing strategy - Exercise• Split into the same 4 team with the same 4 business

– Gold’s Gym

– La Gloria Mexican Restaurant

– Trader Joe’s

– USAA

• Using the 3 buyer personas and 3 to 5 products, build an integrated marketing plan

• Develop what are the key product features you are selling and then identify which marketing mediums you will use to sell it

• How will you market to each medium?

• What campaigns will you run

25 minutes to think

5 minutes to present for each team

14

Page 16: Online marketing principles integrating social media into your marketing strategy

Class Timing

• About Me – 5 minutes

• Anatomy of Online Marketing – 5 minutes

• Identification of target segments and buyer personas – 5 minutes

• Buyer Persona Exercise – 25 minutes

• How Marketing feeds the funnel and the role of social media in the funnel – 10 minutes

• Development of social media platforms in relation to other Marketing channels – 15 minutes

• Role of marketing content – 5 minutes

• Policies & Guidelines – 5 minutes

• Developing and integrated online marketing strategy – 45 minutes

16