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SE2016 Marketing&PR Jan Keil "Do the right thing marketing for startups"

  1. DO THE RIGHT THING MARKETING FOR STARTUPS By Jan Keil, Infopulse
  2. About me • German ;) • Education: economical and industrial engineering, business management • Ran several companies as CEO and start-ups as Business Angel • Acted as interim manager for several IT projects and well-known companies • Currently contracted by Infopulse (VP Marketing) Jan Keil
  3. Why Do You Need Marketing? NO ONE WILL SEE YOUR PRODUCT, NO MATTER HOW GREAT IT IS. SALES WILL FAIL AND THE COMPANY PROBABLY WILL CLOSE. In a nutshell
  4. Successful Companies Never Stop Marketing They all start small, but they start! They continuously develop their strategy, execute campaigns and optimize their actions! Startups view marketing as a matter of survival: their business will disappear if they don’t invest in it. Coca-Cola is now one of the most recognized brands in the world, but they nevertheless spend billions of dollars every year on their marketing efforts.
  5.  ”Because the purpose of business is to create a customer, the business enterprise has two—and only two—basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs.” - Peter Drucker, one of the leading experts on management theory
  6. Research Shows… The total number of small businesses has increased by 49% since 1982, and these businesses use a mix of digital and traditional marketing (SBA) 64% of small businesses see a great importance in marketing and advertising (Business Insider) A careful survey of failed startups determined that 42% of them identified the “lack of a market need for their product” as the single biggest reason for their failure, closely followed by “having poor marketing” (Fortune) Almost 50 % of new businesses, independent of the industry, fail within 4 years (Brain Research Institute)
  7.  ”I don’t care if it’s on paper or in your head, just make sure you have a marketing plan!” - Kristin Marquet, Marquet Media, LLC
  8. First Marketing Step Vision. The company’s long-term goals. Why did you create your company? What you want your business to be known for? Mission. The main purposes and goals of your business. What is the spark, which will make your business differ from other? Strategies & Tactics. Your business roadmap. What are you going to do to achieve your goals? Nail it down! S M A R T Specific (Goals), Measurable (KPI’s), Achievable, Relevant (Alignment), Time-bound
  9. Follow the four Ps rule! Product. For sake of marketing understand your product and your customers’ needs, as it is the nucleus of your business. Price. Determines your profit and makes your product desirable. The price you set has to come up to its value. Remember that everything has its price, either it is resources or time. Promotion. Use all of the methods of communication you’ve mentioned in Strategies & Tactics. Place. Choose where (place, platforms, areas) and to whom (customers) you will sell your product.
  10. I don’t need a marketing plan. I’ll act on a hunch! My product is perfect. I don’t need to be innovative. Kodak, a huge company with innumerous opportunities, significantly failed in digital photography. Steve Sasson, the Kodak engineer who invited the first digital camera in 1975 received negative response on his invention: “That’s cute – but don’t tell anyone about it”… San Francisco eatery Casa Sanchez faced some problems within their radical advertising. Casa Sanchez started a new campaign, which promised perpetual free meals to those clients, who will get a tattoo of the Casa Sanchez logo. Who knew, that a small tattoo for lifetime may be a reasonable cost for free food. Widespread Mistakes Everyone Can Do
  11. No researches are needed A toothpaste brand Pepsodent entered the South Asia market with a slogan “You’ll wonder where the yellow went”. Marketers didn’t check local traditions. For this part of the world one of the main status symbols is blacken teeth, thus majority of people chew betel nuts to have a dark smile Widespread Mistakes Everyone Can Do Horses for courses In 2005, Yahoo owned 21% of the online advertising market, and was first among other big players. Today the company has only 4th place after Google, Facebook and Microsoft. Yahoo decided that consolidation of it stand as search engine is not so important as opportunity to become a media giant. If Yahoo continued its search engine development, today everybody could “yahooing” instead of “googling”
  12. Impact is not created by big budgets, it is created by innovative marketing approaches
  13. Digital Marketing – The Main Startups’ “Weapon” • Content marketing + Video • SEO • Social media marketing • E-mail marketing • Webinars TARGETED IMPACTFUL TIME & EFFORT SAVING FLEXIBILE INSTANT FEEDBACK REAL TIME ANALYSIS COSTS 62% LESS THAN TRADITIONAL MARKETING
  14. What Happens Online in 1 minute? * Smart Insights *
  15. Content marketing is a strategic marketing approach focused on creating and distributing valuable, relevant, and consistent content to attract and retain a clearly-defined audience — and, ultimately, to drive profitable customer actions. Content Marketing Value: INCREASES DIRECT SALES KEEPS READERS ATTENTION IMPROVES BRAND LOYALTY GENERATES LEADS Content Marketing
  16. 27 MILLION PIECES OF CONTENT ARE SHARED EVERY DAY (AOL/NIELSEN) 4 OUT OF 5 MARKETING LEADERS HAVE INTEGRATED CONTENT INTO THEIR ADVERTISING PROGRAMS, TYPICALLY AS PART OF THEIR BRAND MESSAGING (CONTENT MARKETING INSTITUTE) 60% OF PEOPLE ARE INSPIRED TO SEEK OUT A PRODUCT AFTER READING CONTENT ABOUT IT (DEMAND METRIC) 61% OF CONSUMERS SAY THEY FEEL BETTER ABOUT, AND ARE MORE LIKELY TO BUY FROM, A COMPANY THAT DELIVERS CUSTOM CONTENT (THE CONTENT COUNCIL)
  17. Pay a professional writer Wang Laboratories didn’t mind to think about their slogan for a new Wang Computers’ campaign themselves and chose: “Wang Cares”, which sounds like “Wankers”. Not the best association for a company, don’t you think so?
  18. Content Marketing Tools The Most Popular Content Types: • Blog • Case Study • Whitepaper/eBook Don’t forget about Images and Infographics! You don’t need to be a good writer to have a good content! Engage external experts! Contently provides its customers with high-quality content in English eTXT is a platform for authors and businesses, which allows to order a proper content in Russian Scripted allows businesses to choose the author they need
  19. Successstory Xerox Corporation is an American global supplier of business services ad document technology products. Since Xerox is so widely known for its photocopiers, many customers couldn’t even imagine that company has other services, such as IT outsourcing Xerox find the solution of its problems in content marketing. Company built its marketing plan on strong will to show its expertise in other business verticals. One of the biggest components of the strategy became Xerox’s digital magazine, Real Business. Here Xerox changed customers perceptions of the brand and presented more info about the whole range of company’s services
  20. It is generally agreed, that Video is the most powerful digital marketing resource. It is better for sharing, search engines love it and, of course, it is really persuasive. Video creates a good impression about the company and helps your competition improving consumers engagement. It helps to manipulate your customers’ emotions with the help of sight and sound. Video Marketing Value: YOUTUBE & Vimeo MORE CONVICING BUILDS TRUST & CREDIBILITY SEO FRIENDLY Video Marketing
  21. Video Marketing Channels • 170 million monthly viewers • Constructive feedback • Storage limits according to packages (Free, Plus, Pro) • Replacing the video without losing stats • No pre-roll advertising • Customizable player and embed options • 2nd most popular search engine in the world • No guarantee to receive a constructive feedback because of mixed audience • Free and $10/month ad free packages • No limits • No opportunity to replace a video with a new version and maintain analytics • Ads as a plus and a minus • Scheduling releases
  22. Successstory Red Bull GmbH produces the highest-selling energy drink in the world. Red Bull TV is a website that provides videos and live streaming of events from across the world. According to Target Marketing Magazine, Red Bull was one of the first companies to create content that its customers actively sought out. The Red Bull company is famous for its marketing campaigns. But to cover huge audience you need something more than just X-treme competitions all over the world. You have to show this competitions to the whole planet. And that is why we have a Red Bull TV.
  23. SEO SEO is a marketing activity focused on growing visibility in organic search engine results. Remember, that each search engine aims to provide it users with relevant and up-to-date information. Thus, you have to show, that your site fits the bill. That is why you need SEO. In fact, SEO is that invisible pathway, which makes your site visible and natural not only for humans, but also for search engines bots. SEO Value: INCREASED TRAFFIC ORGANIC LEADS COST EFFECTIVENESS BRAND AWARENESS
  24. SEO Tools Google Analytics is the most popular free SEO decision. Analyze your traffic, conversion, users’ behavior, activity, ads campaigns etc. Yandex.Metrica is a popular free SEO tool for web analyzing floating around the Russian Internet
  25. SEO Tools Ahrefs is a tool for searching backlinks for your and opponents’ websites Use different resources to manage your SEO campaign SimilarWeb helps to make a quick traffic evaluation for opponents’ websites. SEMRush is a useful tool for opponents analyzing and key words generating
  26. Successstory 46% ORGANIC TRAFFIC 177% # OF RANKED KEYWORDS OVER 1000% RETURN ON INVESTMENT Dell is a world-known company, which develops, sells, repairs and supports computers and related products Dell had some problems with its search results organization. It happened, that searching for Dell in Australia you could receive page for Canada or France as a first page result. The company started aggressive strategies across the countries, which reorganized its search presence and increased its organic rankings
  27. Social Media Value: SEARCH ENGINE VISIBILITY INCREASING BRAND REINFORCEMENT AUDIENCE BUILDING DIRECT FEEDBACKS Social Media Marketing Social Media Marketing uses social media platforms to market a product or service. Companies can address directly their customers, suppliers and partners. In addition, nowadays almost each of the platforms has its inbuilt analytics, which helps to manage all campaigns, track success and processes and create new strategies.
  28. Social Media Marketing Tools Hootsuite is a social media management platform, which helps to manage all social media channels, as well as to delegate tasks with other users, making it a great option for a team platform. Buffer is a content publishing platform, which helps to publish and schedule content to social networks.
  29. Successstory Microsoft Corporation is an American provider of computer software, consumer electronics and personal computers and services Microsoft created a huge network and social media following. Company manages separate Facebook pages for each of its sub-brands and products, such as Office, Bing, Xbox etc. Their page on Facebook posts regular questions called Trivia Tuesday, Friday Question intended to garner discussions and engagement from their fans. Additionally, Microsoft has many Twitter accounts, which cover everything from the latest news, careers to Microsoft products such as office and Windows. Microsoft uses it’s Twitter account mainly to share interesting content with its community. 20 TWITTER ACCOUNTS 2.7 M FACEBOOK FANS 2.2 M TWITTER FOLLOWERS 6 184 GOOGLE+ MEMBERS
  30. E-Mail Marketing Value: COST EFFECTIVETARGETED INCREASES BRAND AWARENESS EASILY SHAREABLE E-Mail Marketing E-mail marketing intends using e-mails for direct message sending to the group of people. Thus it is the best tool to deliver your business offer to your core audience
  31. E-Mail Marketing Tools Allows to upload up to 2,000 contacts and to send 12,000 emails per month for free Over 10 billion e-mails per month are sent from this tool
  32. Successstory BuzzFeed is an Internet media company providing the most shareable breaking news, original reporting, entertainment, and video. The main aim of BuzzFeed e-mail marketing campaign is to drive subscribers back to its website. Each e-mail that is sent contains a small snippet of the original content with a dedicated link from the BuzzFeed site. IN 2014 TRAFFIC FROM E-MAIL GREW BY 20% ON A MONTHLY BASIS + 1 M NEW SUBSCRIBERS FROM E-MAILS 20 VARIANTS OF E-MAIL NEWSLETTERS ACCORDING TO SUBSCRIBERS’ INTERESTS 5 PEOPLE WORKING ON E-MAIL CAMPAIGN
  33. Webinars Value: LEADS CAPTURING INVOLVEMENT DIRECT INTERACTION ACCESSIBILITY ALL OVER THE GLOBE Webinars Webinars help to use the interactive elements for your marketing campaigns, such as ability to share, receive and discuss information about products or services in real-time
  34. Webinars Tools GoToMeeting is an online meeting, desktop sharing, and video conferencing software that enables the user to meet with other computer users, customers, clients or colleagues via the Internet in real time. Basic features are available for free for you and up to 3 participants. Pricing plans with more features are very affordable.
  35. Successstory SAP HANA is an in-memory, column oriented, relational database management system 700 WEBINAR ATTENDEES SAP provides bi-weekly webinar series – Customer Spotlight Program, which nurture leads by enabling these prospects and existing SAP customers who have shown an interest in HANA to hear customers’ first-hand experiences with the SAP HANA platform + 2,600 REGISTRATIONS AND OVER CREATED +200 OPPORTUNITIES GENERATED OVER $100 M REVENUE
  36. Additional Marketing Channels for Startups • Media • Conferences attending • Partnership with other businesses OFFLINE AUDIENCE COVERAGE MEDIA CREDIBILITY INFLUENCE FACE-TO-FACE CONTACT PARTNERSHIP CREATION NEW EXPERIENCE PUBLICITY
  37. Media • TV • Radio • Newspapers • Magazines Build your network of journalistsMake friends with journalist through Twitter, or during the conference. Wind up your brain! Give answers when they are needed There are a lot of answer seekers in the Internet. Try to find these, whom you can give a piece of advice and don’t forget to mention your company! Use such resources as Quora and Medium
  38. Conferences Even as just an attendee you have a lot of opportunities: Attend conferences as you can • Communicate with targeted audience, suppliers and opponents face-to-face • Present your business • Exchange business cards • Make business dealings • Discover up-to-date innovations and trends in your and related business areas • Participate in open discussions • Communicate with journalists • Analyze your opportunities
  39. Partnership Partnership with other businesses sharing your expertise If you don’t have an expertise in something, find somebody, who has it! For example, you sell portable refrigerators, which operate from a rechargeable battery. It is sure, that you don’t need to produce such batteries, but you may cooperate with company, that does. You may start mutual advertising: You sell refrigerators and advice your partner - rechargeable batteries supplier. And vice versa. Or you may create a special offer for complex purchasing both companies’ goods
  40. Recommendations 1. Nail your product value 2. Have a marketing plan 3. Set Goals. Track Progress 4. NEVER cut down marketing expenses, but change the tactics 5. Configure all of your process, especially interaction between sales and marketing 6. Hire a copywriter who understands your audience 7. Use an innovative approach 8. Market every single day
  41. IF NOTHING WORKS – GET NAKED ☺
  42. jan.keil@infopulse.com
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