profitable marketing communications presentation at si new house, syracuse university (18 november...

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Strategies to deliver Marketing Return on Investment made to the Newhouse Media School at Syracuse University.

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Page 1: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

Young

Page 2: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

profitable

Strategies for delivering marketing return on investment

communications

Page 3: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)
Page 4: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

focus on the

time to……..

Page 5: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

marketing is a necessary investment for long term growth.

43% of financial directors believe“

Source: Survey of CFO’s and finance directors of the top 1000 companies in the UK conducted by KPMG and the Financial Times

Page 6: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

agencies aren’t nearly focused enough on marketing ROI

Page 7: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

when agencies talk about advertising effectiveness, they really mean….

branding

Page 8: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

campaigns fail to create value.

84% of marketing

Copernicus Marketing Consulting

Page 9: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

what is

ROI?

Page 10: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

or…

Page 11: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

another name for

Page 12: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

our

1. outcomes not outputs

2. unifying the ROI agenda

4. Double-down on your existing customers

3. focus investing

to profitable marketing

Page 13: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

1

outcomes, not outputs

Page 14: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

outputs:reach & frequency, CPM’s

awareness

click-throughs

cost per acquisition

brand equity

measurable, but lack boardroom credibility or inspiration for communication ...

1

Page 15: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

outcomes, not outputs 1

• Clear line of sight

• A few key metrics

Page 16: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

metrics need to be pro-active rather than defensive

1

Page 17: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)
Page 18: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)
Page 19: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

HooburritoHoobastank

Hot N Cold Cherry Chocolate Cappuccino

Katy Perry

The Great EggsSteakBoysLikeGirls

Page 20: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

outcomes, not outputs

CHECKLIST

• Clear line of sight

• A few key metrics

• Pro-active rather than defensive

1

Page 21: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

2

unifying the ROI agenda

Page 22: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

2

Page 23: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

2 7. Review Process

6. Deploy Data Strategically

5. Establish

marketing dashboard

Unifying the ROI Agenda

1.Build a Team

4. Initiate

Marketing Communication

Development

2.Align the

ROI Objectives

3. Establish Metrics

Page 24: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

focus investing

3

Page 25: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

3marketing campaigns that

lack focus

poorly allocated or inefficient spending

ill-defined targeting weak positioning

too many messages too many metrics

Page 26: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

Human beings don't want to stay focused, so my job is to get them to focus their creativity around the focus; focus their productivity around the focus; focus their efficiency or effectiveness around the focus.

A G Lafley, Chairman & CEO Procter & Gamble

3

Page 27: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

3

superior cleaning

color protection

stain fighting

fragrancedetergent

product feature focus

Page 28: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

Targeting 16-24

target market focus3

Page 29: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

single product focus3

Page 30: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

media channel focus

• Use of Media

3

Page 31: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

focus investing

CHECKLIST

• fewer

• bigger

• better

3

Page 32: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

Double down on existing customers

4

Page 33: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

Companies that focus on brand equity place brands on a higher pedestal than customers. Brands are magnets to attract new customers, and anchors to hold existing ones. It must never be forgotten that it is customers, not brands that deliver profits

Nick Wreden author of ‘Profit Brand’

4

Page 34: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

US businesses lose half their customers every five years

4

“”

Page 35: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

4

Page 36: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

4

Page 37: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

our

1. outcomes not outputs

2. unifying the ROI agenda

4. Double-down on your existing customers

3. focus investing

to profitable marketing

Page 38: Profitable Marketing Communications   Presentation At Si New House, Syracuse University (18 November 2008)

profitable

Strategies for delivering marketing return on investment

communications