* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Download Slide - California State University Channel Islands
Marketing research wikipedia , lookup
Online shopping wikipedia , lookup
Marketing channel wikipedia , lookup
Multi-level marketing wikipedia , lookup
Marketing communications wikipedia , lookup
Ambush marketing wikipedia , lookup
Guerrilla marketing wikipedia , lookup
Marketing strategy wikipedia , lookup
Affiliate marketing wikipedia , lookup
Integrated marketing communications wikipedia , lookup
Social commerce wikipedia , lookup
Search engine optimization wikipedia , lookup
Marketing plan wikipedia , lookup
Multicultural marketing wikipedia , lookup
Marketing mix modeling wikipedia , lookup
Sensory branding wikipedia , lookup
Personal branding wikipedia , lookup
Online advertising wikipedia , lookup
Youth marketing wikipedia , lookup
Social media and television wikipedia , lookup
Advertising campaign wikipedia , lookup
Direct marketing wikipedia , lookup
Social media marketing wikipedia , lookup
Green marketing wikipedia , lookup
Customer engagement wikipedia , lookup
Viral marketing wikipedia , lookup
Global marketing wikipedia , lookup
An Integrated Approach to Internet Marketing Minder Chen Martin V. Smith School of Business and Economics CSU Channel Islands [email protected] Evolutions • Directory Services to Search Engines • Submission services to Search Engine Optimization services • Double Click (Banner Ads) to Ad Sense & Ad Words • Websites to social networks • Online shopping to online research In 2012, Internet advertising revenues in the US totaled $36.57 billion, a 15.2% increase over the $31.74 billion in revenues in 2011. © Minder Chen, 1996-2014 EC - 2 Moving from Web 1.0 to Web 2.0 Source: http://oreilly.com/web2/excerpts/web2-architectures/chapter-3.html © Minder Chen, 1996-2014 EC - 3 Impacts of Your Digital Footprint to Marketing and Sales 92.5% © Minder Chen, 1996-2014 EC - 4 Keywords Are Very Telling © Minder Chen, 1996-2014 EC - 5 Keywords Reveal Customer’s Intentions Purchase stage Potential Search Terms Used Awareness smart phone, best smart phone Consideration / Evaluation compare Andriod and iPhone, iPhone 4G, iPhone vs. Android features Conversion/Purchase iPhone 4 at AT&T stores, Android and iPhone price plan comparison • Search keywords • Ad Words keywords • Organic keywords © Minder Chen, 1996-2014 EC - 6 Anatomy of a Search Engine Results Page (SERP) after searching “shoes online” SEM SEO Landing page © Minder Chen, 1996-2014 EC - 7 Key Internet Marketing Strategies • Search engine optimization (SEO) - no cost per click • Search engine marketing (SEM) - cost per click • Social Media Marketing (SMM) – Words of mouth marketing (free) – Ads on social network Web sites © Minder Chen, 1996-2014 EC - 8 Search Engine Optimization (SEO) (Back links) (Content is the king) (Meta tags, etc.) © Minder Chen, 1996-2014 EC - 9 Keywords with Highest Cost Per Click (CPC) 1. mesothelioma** trial attorney ($492) 2. new mexico mesothelioma lawyer 3. mesothelioma trial lawyers 4. New Orleans mesothelioma lawyer 5. mesothelioma net Source: http://www.spyfu.com/o/TopListAll.aspx **Mesothelioma is most commonly caused by exposure to asbestos • Most expensive keywords in UK at http://www.hallaminternet.com/2012/the-most-expensive-google-adwords-keywordsinfographic/ © Minder Chen, 1996-2014 EC - 10 http://www.wordstream.com/articles/most-expensive-keywords © Minder Chen, 1996-2014 EC - 11 Social Media Marketing “Social media marketing refers to the process of gaining website traffic or attention through social media sites.” -- Wikipedia entry © Minder Chen, 1996-2014 EC - 12 © Minder Chen, 1996-2014 EC - 13 Source: Erik Tarkiainen, Vice President, Marketing Communications at Line 6 http://faculty.csuci.edu/minder.chen/MIS310/slide/Social%20Media%20Marketing.pdf © Minder Chen, 1996-2014 EC - 14 Top 10 Social Network Web sites Rank Web Site 1. 2. 3. 4. 6. 7. 8. 9. 10. Category Primary value Social Facebook Strong Profile Rankings Networking Promote Link-Worthy Twitter Community Content Professional LinkedIn Strong Profile Rankings Networking Wikipedia Wikis Strong Profile Rankings Digg Social News Strong Profile Rankings YouTube Video Strong Profile Rankings Social StumbleUpon Strong Profile Rankings Tagging Reddit Social News Direct Link Sources Yelp Reviews Strong Profile Rankings For the first 9 months of 2013, Twitter's revenue came in at $422 M. But losses also increased, to $134 M. IPO $26 per share and went up to 74.7% higher at $44.90 (source: Link, , 9/12/2013) On Nov. 7, 2013. © Minder Chen, 1996-2014 EC - 15 © Minder Chen, 1996-2014 EC - 16 Zappos.Com CEO Tony Hsieh’s Twitter Page © Minder Chen, 1996-2014 EC - 17 Kogi Korean BBQ Taco Truck in Los Angeles @KOGIBBQ ON TWITTER , http://kogibbq.com/, http://twitter.com/kogibbq/ © Minder Chen, 1996-2014 EC - 18 Active Social Media Users are Influential Offline Consumers Offline Activities Online Spending Power Influence Social Networking Activities Source: Link Word-ofmouth recommendat ions (earned advertising) from friends and family are the most influential and the most trustworthy. Source: Nielson Global Survey of Trust in Advertising, Q3 2007 and Q1 2013 (link) © Minder Chen, 1996-2014 EC - 20 Social Network Marketing http://sphotos-a.xx.fbcdn.net/hphotos-snc7/483831_10151351708346234_1134374643_n.jpg © Minder Chen, 1996-2014 EC - 21 Internet Marketing Issues • Communication – Link to outdated landing page • Errors/Typos in Posts – Cannot recall wrong information – Kogi: 2 minutes instead of 20 minutes – Pleasant Holidays: $299 instead of $499 • Managing Expectations – Responding to posts © Minder Chen, 1996-2014 EC - 22 Online Marketing Objectives A study conducted by SEMPO (Search Engine Marketing Professional Organization) in 2010 identified the following objectives for online marketing (Econsultancy, 2010): 1.Drive traffic to a Web site. 2.Generate leads. 3.Sell products, services or content directly online. 4.Increase brand awareness /enhance reputation. 5.Improve customer service/customer satisfaction. © Minder Chen, 1996-2014 EC - 23 Search engine optimization (SEO) objectives 40% 36% 35% 34% Most Important 32% Second most important 28% 30% 26% 25% 20% 18% 15% 15% 10% 6% 5% 2% 3% 0% Generate leads Drive traffic to web site © Minder Chen, 1996-2014 Sell products, services or content directly online Increase brand awareness /enhance reputation Improve customer service/customer satisfaction EC - 24 Search Engine Marketing Objectives • (SEM, a special case of Online Advertising) 40% 39% 39% 37% Most Important 35% Second most important 30% 25% 25% 21% 20% 17% 15% 11% 10% 5% 5% 5% 2% 0% Sell products, services or content directly online Generate lead © Minder Chen, 1996-2014 Drive traffic to web site Increase brand awareness /enhance reputation Improve customer service/customer satisfaction EC - 25 Social Media Marketing (SMM) Objectives 60% 51% 50% Most Important Second most important 40% 29% 30% 25% 21% 17% 20% 16% 15% 8% 10% 10% 8% 0% Increase brand awareness /enhance reputation Drive traffic to web site © Minder Chen, 1996-2014 Generate leads Sell products, services or content directly online Improve customer service/customer satisfaction EC - 26 Marketing Funnel http://www.rosetta.com/WhoWeAre/ThoughtLeadership/SearchandMedia/Pages/SocialMediaandtheNewMarketingFunnel.aspx © Minder Chen, 1996-2014 EC - 27 Mapping of Internet Marketing Strategies to the Marketing Funnel Awareness Drive traffic to web site SEO Consideration/evaluation Generate lead Conversion/purchase Sell products, services or SEM (Online Advertising) content directly online Loyalty Adapted from Forrester Research Inc. and SEMPO State of Search Engine Marketing Report 2010 © Minder Chen, 1996-2014 Increase brand awareness /enhance reputation Advocacy Improve customer service/ customer satisfaction EC - 28 An Integrated Framework for Internet Marketing Online Advertising SEO 1. Improve organic search result 2. Site contents: Determine keywords to use, keywords density & placement 3. Site structures & meta tags 4. Inbound links Traffic & Keywords 1. Bid for sponsored links 2. Pay for contextual ads (e.g., Ad Sense) 3. Affiliate marketing (Amazon) 4. Which keywords to buy? 5. Bidding strategy • Research keywords • Match customer intentions in the marketing funnel SMM 1. 2. 3. 4. Build brands and customer loyalty Monitor and use social networking sites Use social bookmarking to increase web site page ranks Build quality backlinks to improve SERP positions © Minder Chen, 1996-2014 EC - 29