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MASTERING CROSS-CHANNEL MARKETING John Sternal – Merit Mile John Sternal | Merit Mile | Director of PR & Social Media | [email protected] “Make your product easier to buy than your competition, or you will find your customers buying from them, not you.” --Mark Cuban John Sternal | Merit Mile | Dir. PR & Social | [email protected] John Sternal Director of Public Relations & Social Media Published author Automotive blogger Integrated marketer Automotive Spokesperson for Black Book, LeaseTrader, Swapalease, and more Edmunds.com automotive safety conference John Sternal | Merit Mile | Dir. PR & Social | [email protected] Presentation Contents 1. Channel Fragmentation 2. The Current Landscape 3. What is Cross-Channel Marketing (Integrated Marketing)? 4. How to Implement Cross-Channel Marketing 5. Examples John Sternal | Merit Mile | Dir. PR & Social | [email protected] 80% The number of people who feel companies have a “fragmented” experience across their different marketing channels. Source: Accenture John Sternal | Merit Mile | Dir. PR & Social | [email protected] Cross-Channel Marketing Why are experiences so fragmented? Email Print mail Newsletter TV ad Billboard Radio Mobile marketing Press release Newspaper masthead TV news Event Google search adwords Facebook Twitter Youtube LinkedIn Google+ Yelp Objective: Use these to get more people into the showroom! John Sternal | Merit Mile | Dir. PR & Social | [email protected] Research Dealer Landscape John Sternal | Merit Mile | Dir. PR & Social | [email protected] Dealer Landscape John Sternal | Merit Mile | Dir. PR & Social | [email protected] Dealer Landscape John Sternal | Merit Mile | Dir. PR & Social | [email protected] Dealer Landscape John Sternal | Merit Mile | Dir. PR & Social | [email protected] What is Cross-Channel Marketing? What is Cross-Channel Marketing? Definition: Multi-channel marketing is the practice of using multiple marketing tactics to reach customers. In addition to allowing businesses to reach customers through different mediums, multichannel marketing also makes it easy for customers to complete desired conversions on whatever medium they are most comfortable with. Multi-channel marketing lets the user decide, giving them a choice. Think of cross-channel marketing of telling the customer the same story in many different ways. John Sternal | Merit Mile | Dir. PR & Social | [email protected] Cross-Channel Marketing Why is it challenging? 89% Number of marketers who say they have a difficult time developing cross-channel marketing strategies. • • • • • Telling a cohesive story Creating a single customer view Data usage challenges Inter-department collaboration Lack of technical tools Source: MarketingLand John Sternal | Merit Mile | Dir. PR & Social | [email protected] Cross-Channel Marketing Why is it so important? When done effectively, cross-channel marketing is the right recipe to reach today’s consumer. • “Engagement funnel” is fragmented • Consumers are bombarded with information • Path to conversion can span several days and weeks • Path to information leads down different directions • GOAL: Get more people into the showroom Traditional Media Digital Media Mobile Media Social Media Search Media John Sternal | Merit Mile | Dir. PR & Social | [email protected] Cross-Channel Marketing Who is my audience? Millennials Gen-X Baby Boomers City Dwellers Urbanites Stay-At-Home Moms/Dads Business Travelers Leisure Travelers Tech Experts Everyday Parents Single Parents Newly Divorced Widowers Students Athletes Retirees Military Active Seniors Entrepreneurs Unemployed Philanthropists “Today’s automotive consumer is more educated and prepared than ever. Engaging prospective customers among cross-channel, integrated media tactics is critical. If you’re not top-of-mind, your competition will be.” Mark Reino CEO of Merit Mile John Sternal | Merit Mile | Dir. PR & Social | [email protected] Cross-Channel Marketing Channel focus vs. audience Marketing is fundamentally about target audience, while the channel is the means of delivering the message to that audience. Successful marketers are beginning to shift focus away from the individual channel and instead use the strengths of each channel to reach their audiences. Channel focused Audience focused John Sternal | Merit Mile | Dir. PR & Social | [email protected] Cross-Channel Marketing How are the results different? 1: Customers who click on search AND social ads are more likely to buy 2: Customers who click on search AND social ads spend more Source: Marin Research John Sternal | Merit Mile | Dir. PR & Social | [email protected] How? Objectives Assess your cross-channel marketing capabilities Which channels can you truly cover How can you add more channels Are all channels supporting the business goal Get more people into the showroom! Message Conversation and engagement Assess your voice • Corporate • Promotional • Sales • Engagement What is your story? Brand Alignment Are your promotions in alignment with your brand? Are all channels focused on value, price, service? Will all customer demographics know the difference between you and another dealer? Cross-Channel Marketing What to integrate? Current Choices New Considerations Email Marketing Online Marketing Mobile Events SEO SEM Web, Banners Social Media PR Radio TV Youtube PR Snapchat Wearable Technology Branded Content Thought Leadership Newsjacking 39% Dealers still feel that email accounts for the most leads and monthly vehicle sales. Source: Automotive News John Sternal | Merit Mile | Dir. PR & Social | [email protected] Cross-Channel Marketing What to measure? Which tactics are driving more traffic, engagement and leads? Which tactics are delivering the highest ROI? Identify areas where you can make adjustments to each tactic to impact the broader campaign If you feel a tactic isn’t working, discuss with internal teams to arrive at conclusions: • Incorrect execution? • Not resonating with audience? • Need to increase or decrease execution? • Need to adjust internal expectations? o Example: PR not driving sales directly John Sternal | Merit Mile | Dir. PR & Social | [email protected] John Sternal | Merit Mile | Dir. PR & Social | [email protected] Cross-Channel Marketing What were the results? Clicks Leads Clicks When PR integration was added to the white paper promotion… 86% increase in clicks Leads 184% increase in form submissions (leads) John Sternal | Merit Mile | Dir. PR & Social | [email protected] Cross-Channel Marketing 3 Step Action Plan Step 1: Identify Channels Step 2: Drive Traffic Step 3: Convert & Measure BillSmithGMC.com/Tips Customer Info Portal Vehicle Detail Page Car Buying Tips Build your car Shopping Education Pricing Info on YOUR CAR Availability Store Amenities Photos Financing Service Lead Form Reviews Videos John Sternal | Merit Mile | Dir. PR & Social | [email protected] THANK YOU Full Name: John Sternal Company: Merit Mile Job Title: Dir. Public Relations & Social Media Email: [email protected] Share an important takeaway you received from this session using hashtag #DD19 for a chance to win an iPad