Develop research and present findings to CMO of Mannatech, Inc (health and beauty products) regarding the effectiveness of potential online advertising
46. A feeling of helping neighbors and loved ones be healthy
47.
48. We believe that the distribution of down line size could reveal the amount of true entrepreneurial members versus followers.
49.
50. Sabbath Keepers appears to be an active sub community. Investigating the positioning of Sabbath Keepers in the Mannatech structure could reveal opportunities for targeted products.
51. Are the athletes in Team Mannatech active Mannatech salespeople? Do they typically lead down-lines? What is their role as a group? This is another opportunity to target an internal community.
52.
53. Among the pages found one official page was found “Mannatech, Inc. - Official Page” which was created in late Sep. The information provided regarding, Press release, Product, Training Information, Dialogue with associates on these pages are various and much more attractive than Mannatech’s website.
54. The other 21 pages are confusing. Some are obvious personal groups; some look very similar to the official one. (ex. Mannatech Europe page… Is it official?? )
55. Positive feedback from fans on the official website. One of the posts was “glad that Mannatech was finally supporting the network”
56. FB chats with some fans from Mannatech official page.Limited chatting is used on Mannatech FB site
57. Some are not associates, they’ve just used Mannatech products.
58. Some are associates. They Associates have joined FB group to share information about what is going on in the market, and to suggest that Mannatech add this function to its website. They also mentioned is that they wish that Mannatech provided “Contact information on all their members.”
59. Some associates mentioned, compared with website, they prefer E-mail because it is the best and easier to transfer information.
60. They tend to visit the website mainly for Product information and updates
74. It is effective to set up the OFFICALOFFICIAL Page against other Mannatech pages on FB. The fans of the official page are outnumbered the other pages in a fairly short period. (6xx fans vs. less than 200 fans)
75. Although the official twitter page is set up, it is less effective than the one in FB.
76. First, it is difficult to distinguish the official page from some of the unofficial pages; the reason we recognize it as being official is because of the Mannatech link posted on FB official page.
77. Secondly, we don’t know which posts are official, and which are comments from associates or users.
78. Associates are more focused on attracting down lines than selling products. They like the network effect more than anything else.
79.
80. Leverage other social networking official pages in the same way that Mannatech is doing with FaceBook page.
81. Make use of YouTube, which is an effective and free communication tool. Create official YouTube channel, post links to it on all social networking sites. Distribute the Mannatech advertisements or discussions in an attractive format.
82. Set up official shop on EBay / Amazon to avoid sales associates selling Mannatech products in private online.
83. Include an adaptive Search Engine application on the Mannatech website (ex. Google AD)
86. With the advent of high speed internet hotspots, 3G mobile networks, and WiMAX, consumers are increasingly integrating mobile communication and information inquiries in their busy lives. This additional communication channel is vital to the future of any advertising campaign, corporate communications department, or customer relationship management program.
88. Over 65 million, roughly 22% of active Facebook users access their facebook accounts using mobile devices. ( HYPERLINK "http://www.facebook.com/press/info.php?statistics" http://www.facebook.com/press/info.php?statistics)
89. Facebook users that access their account via a mobile device are 50% more active than users without mobile access. ( HYPERLINK "http://www.facebook.com/press/info.php?statistics" http://www.facebook.com/press/info.php?statistics)
91. Approximately 76% of Twitter users access the internet wirelessly via wireless laptop or PDA connection or a cellphone/smartphone. HYPERLINK "http://pewresearch.org/pubs/1117/twitter-tweet-users-demographics" http://pewresearch.org/pubs/1117/twitter-tweet-users-demographics
92. Approximately 82% of Twitter users use their cellphones to send text messages and access online content. HYPERLINK "http://pewresearch.org/pubs/1117/twitter-tweet-users-demographics" http://pewresearch.org/pubs/1117/twitter-tweet-users-demographics
94. Text message users are active people. For example, texters are 37% more likely than other cellular users to have played recreational basketball and 23% more likely to have practiced yoga. HYPERLINK "http://www.marketingcharts.com/uncategorized/texters-young-culturally-diverse-online-spenders-6944/scarborough-top-online-markets-texters-dma-2008jpg/" http://www.marketingcharts.com/uncategorized/texters-young-culturally-diverse-online-spenders-6944/scarborough-top-online-markets-texters-dma-2008jpg/
95. Approximately 63% and 31% of mobile users 18-27 and 28-39 respectively use text messaging as a way to communicate. These percentages are growing. HYPERLINK "http://www.usatoday.com/tech/wireless/2005-07-27-text-messaging_x.htm" http://www.usatoday.com/tech/wireless/2005-07-27-text-messaging_x.htm
96. Several types of text message ads exist – Initial Appended Ads, Complete Full Message Ads, Reply by text, Click to Call, and Link to mobile websites. HYPERLINK "http://mmaglobal.com/mobileadvertising.pdf" http://mmaglobal.com/mobileadvertising.pdf
97.
98. Low Cost – Can send thousands of e-mails for pennies on the dollar compared to physical mail
99. Speed – The message is delivered to customers in seconds
100. Instant reply – Customers can respond instantly to the advertisement
101. Better Statistics – HTML e-mails allow you to track how many people received the e-mail, and how many clicked through the e-mail to make a purchase
102. Targeted Advertisements – The sender is not locked in to sending the same advertisement to everyone on an e-mail list
103. Cost effectively customize message – Based on customer demographics or interests, the advertiser can send one offer to one part of the list, and another offer to the others
105. May be considered SPAM – The e-mail may never reach the intended recipient because it was caught by a SPAM filter
106. Requires large sample size – May require 100,000 e-mails or more to get a meaningful response
107. Low Response Rates – Non-opt-in e-mail campaigns typically have very low response rates of .25 to .50 percent or less. However, targeted opt-in e-mail campaigns can reach response rates of 5 to 10 percent or more
108. Must Comply with Federal CAN-SPAM act – This act prevents marketers from sending unsolicited messages, and sets rules for e-mail marketing behaviors. For example, the e-mail must include unsubscribe or opt-out links and a physical mailing address in every message. When someone requests removal, the sender must act quickly to remove; usually within 10 days
109.
110.
111. When placing ads, position in the premium location above the fold for major landing pages, or pages where dwell time is low. As an option, placing a skyscraper on the side of the page is acceptable provided it extends above the fold.
112. Unless the background and adjacent content is so cluttered and overpowering, motion of a flash ad is not necessary to draw attention to the ad.ad. Color and contrast with the background and surrounding content will attract the eye.
113. Placing ads in an “email newsletter” should be near the top but not necessarily above the fold as the primary purpose would be to provide useful information (value); otherwise the email may get deleted outright as a spam advertisement.
170. Increased Brand Awareness - Twitter provides your company an excellent opportunity to not only further your brand recognition, but also to demonstrate that you are a company that stands behind what you offer and will do everything in your power to satisfy customers.
173. Positioning your company as a thought leader. This includes distributing original content to extend the conversation.
174.
175. Provide additional sales support to answer questions and help close deals. Like chat or a toll-free number, Twitter enables e-tailers to service prospects and customers. A few retailers already using Twitter effectively, including Dell, Zappos, and Whole Foods.
176.
177.
178. Provide another channel to aid crisis management by getting your organization's story out quickly in case of an emergency.
179.
180.
181. Number of retweets (people re-posting someone else's tweet in order to "forward" it to their followers).
182. Number of tweets using the designated hashtag. This provides a sense of the campaign's popularity.
183.
184. Incorporating live tweets into rich media ad creative.These sample ads can be fairly low- to moderate-cost, relatively easy to implement, and present a new way to reach people, as well as generate awareness, brand buzz, and site traffic.<br />Path Forward<br />In determining Mannatech’s online advertising strategy, we recommend Mannatech carefully address each of the following questions and concerns:<br />Evaluate whether Mannatech’s internal policies and procedures are compatible with this project.<br />Does Mannatech already have an online content policy? If not, we recommend the company begin investigating whether such a policy would be beneficial.<br />Have any current suppliers or partners expressed interest in expanding their partnership with Mannatech? If so, consider approaching them for inclusion in a trial. Using established partners will reduce time spent vetting content and partners, and reduce company risk.<br />Mannatech should evaluate affiliate networks already existing in the marketplace. If Mannatech can use existing networks to locate advertisers, this would reduce the resources needed to develop their own advertising network.<br /> Mannatech should immediately investigate expansion of its presence on social websites. While social websites have traditionally been viewed as the purview of younger internet users, the demographics of at least Facebook.com are moving toward the demographics targeted by Mannatech.<br />Evaluate whether regional and national targeted-advertising would be beneficial to Mannatech and its advertisers. If it would be, considering using the geo-targeting tools previously discussed. <br />Competitive Analysis<br />Research<br />We assessed over fifty Multi Level Marketing companies to determine if any of them use online advertising to generate revenue. We reviewed all the big firms’ sites as well as few of the small ones (revenue generated). From our initial research we found that none of the Multi Level Marketing sites we looked at featured outside advertisers on their websites, at least not on the home page. Since we did not have the member log in information for the sites we were unable to review the member-specific content. <br />Our next step was to do online research and find websites similar to Mannatech.com (not necessarily Multi Level Marketing companies) to see if they used outside advertising. We analyzed sites targeted toward MLM associates and potential associates to see what kind of advertisers they feature on their sites. The main thing we found was a clickable Facebook or Twitter ad that sends users to those homepages. Based on our research, we found that no one advertises on their official websites but some of the Multi Level Marketing employees advertise on their personal websites.<br />To further assess the interest for placing advertising on MLM’s website, we developed a survey that we sent to potential advertisers. We conducted a survey to see what companies may be interested in placing ads on Mannatech’s website. We send out a 6 question survey to various companies to assess interest for advertising on Mannatech’s website.<br />Analysis<br />If Mannatech decides to include online advertising on their sites, it will be the first MLM, as far as we know, to do this. This could be a good or a bad thing. One question we should consider is why are other MLMs not using outside advertising on their sites? One possible reason is that advertisers may not want to advertise on MLM’s sites because of their reputation. Another reason may be because MLMs don’t get as many hits as other retail sites. <br />We developed a survey to determine if companies are interested in including advertisements on MLMs websites and if so, what type of companies should Mannatech try to target. Here are the findings from our survey:<br />To date 8 responses were received.<br />Out of the 8 responses, 1 company said it has previously places ads on an MLM site (the MLM specialized in weight loss products)<br />2 responders said they would be interested in placing an ad on an MLM site, while 6 said they would not be<br />Of those that would be interested:<br />1 responder said his/her company would create their own ad<br />1 responder would let Mannatech design the ad<br />1 responder said he/she would utilize third party to design the ad<br />Based on the survey, one reason why other MLMs are not including outside advertising on their websites may be that they are not finding enough companies who would want to advertise with them. This can be a major concern for Mannatech. If Mannatech decides to have ads on its website, the first major and potentially difficult task will be to find companies who are willing to advertise.<br />Another thing we considered to help us determine whether or not Mannatech should include ads on their site is how those ads will affect the associates and impact Mannatech’s revenue. We can look at a couple of key questions:<br />If the advertisement customers click on gives them a bad deal (i.e. faulty product or buying somewhere else is cheaper) or “tricks” them into getting in a long term contract, how will they view us as a company?<br />Maybe in a negative way because this could hurt