Digital Marketing
Digital Marketing
➢ DIGITAL MARKETING?
• IDENTIFY,
• ANTICIPATE,
• SATISFY customers’ needs
• EFFICIENTLY
SIZZLE
➢ using the internet as a brand-building tool
➢ To add extra value, extend the experience
and enhance the image
➢ What experience could a web site deliver
that would be truly unique and
representative of the brand?
1. Reality
2. Perception
3. STRATEGY
➢ INBOUND MARKETING ➢ How are we going to get there?
• Pull mechanism: in Digital marketing, DIGITAL MARKETING STRATEGY
the contact with the brand is initiated by • channel strategy where electronic
the customer channels and digital media support other
➢ Good visibility from companies in search communications and distribution
engines is essential channels.
CONTENT MARKETING 1. Clear prioritization to how the channel
1. Content engagement value should be used
2. Content media 2. Identify target markets, positioning,
3. Content syndication OVP, choice of mix of digital media
4. Content participation channels to acquire new customers and
5. Content access platform contact strategies to welcome and
develop existing customers
KEY DIGITAL MEDIA CHANNELS 3. Creating differential value
1. Search engine marketing (SEM)
2. Online PR Define your plan of action to achieve your
3. Online partnerships objective(s)
4. Interactive advertising TOOLS
5. Opt-in email • Business Model
6. Social media marketing
• Segmentation
• Targeting
SAVE
➢ using the internet for cost reduction • Brand proposition and online value
proposition
Business Model?
➢ SAVINGS EMERGE:
• Digital media channels
• Customer service
• Transactional costs
• Print and distribution
➢ COST PER ACQUISITION (CPA) –
crucial in controlling media, used to control
the level of bids
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Segmentation ➢ Dynamic dialogue (into) Ongoing with
the customer
➢ Integrated database (into) Recognize and
remember each customer whether via
web or telephone
4. TACTICS
➢ What are the details of the strategy?
➢ The actions you take to execute your
strategy
1. Paid Owned Earned
2. Customer Lifecycle
MODELS:
1. ROPO/ROBO
2. Dual Screening
3. SOLOMO(C)
4. Social Search
ROPO
➢ ROPO is constantly growing in the Retail
Industry
Targeting
➢ Attracting some of those customers
makes better sense than going after
others.
1. Fit with Firm’s Capabilities
2. Profitability Potential
Positioning
➢ who you are in the marketplace vis-à-vis
competition (who you are & who you
want to be)
➢ It involves all the marketing mix
variables
Dual Screening
E-Strategy ➢ Dual-screening in the Philippines – the
➢ Crystal clear objectives (into) What you highest usage in the world
want to achieve online ➢ For browsing the Internet while watching
➢ Target markets, positioning and video programming
propositions I. Rank 1 -Philippines
➢ Optimum mix of tactical e-tools (into) II. Rank 2 -Thailand and Vietnam
Web site, banners ads, etc III. Rank 3 -Indonesia
➢ Evolutionary stage (into) What stage you
want to be at
➢ Online marketing mix (into) Particularly
service levels
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SoLoMo (SOCIAL LOCAL MOBILE)
SOCIAL
➢ the platform you use to promote your
message and engage with your target
audience
LOCAL
➢ your area of focus; this can be physical or
even online
MEDIUM
➢ the medium by which your brand, its
prospects and your customers connect
SOCIAL SEARCH
1. Mobile optimization
2. Voice search (Siri)
3. SEO
4. Social posts
5. App store optimization
6. Sell on social
7. In-app functionality (FB live)
8. New publication options (Instant
Articles)
9. Video will continue to dominate
10. in-the-moment content (Instagram;
snapchat)
5. ACTION
➢ How do we put the plan to work?
• Put your tactical plan to work
• TOOLS:
1. Who | What | When
2. Internal & External Resources
3. Specific KPI definition
6. CONTROL
➢ How do we measure, monitor, review, update
& modify plan
• Monitor performance and improve upon
it
• TOOLS:
1. Analytics
APPLICATION PROCESS
1. Similar to a patent, you needs to apply or
file the exclusive rights of the mark you
wish to use for business purposes.
2. As the rights to a mark are granted to the
3. TRADE SECRETS first person who filed with the IPO, it is
➢ A trade secret is any practice or process of a imperative that one would conduct a
company that is generally not known outside of research within the IPO’s Database to
the company. Information considered a trade avoid redundancies in applications.
secrets gives the company an economic 3. For filing purposes, one needs to fill out
advantage over its competition and is often a the Trademark Application form, as well
product of internal research and development. as attach a drawing of the mark.
➢ Trade secrets are defined differently based on Corresponding filing fees amount to Php
jurisdiction, but all have the following 2,160 and Php 1,080, for big and smack
characteristics in common: marks, respectively.
1. They are not public information
2. Their secrecy provides economic benefit to 5. INDUSTRIAL DESIGNS
their holder ➢ According to WIP, an industrial designs refers to
3. Their secrecy is actively protected the ornamental or aesthetic aspects of an article.
➢ A design may consist of 3-D features, such as the
4. TRADEMARKS shape or surface of an article, or 2-D features
➢ Trademarks and service marks are applied to a such as patterns, lines or color.
manufacturers or a seller’s product and services ➢ Industrial designs are applied to a wide variety of
to distinguish them in the marketplace – a value industrial products and handicrafts.
marketing tool, in some circumstances. ➢ Design are concerned with the features, the
➢ A trademark or service mark prevents another appearance of part or the whole product:
person from offering a similar product or 1. Two-dimension features such as
services confusingly similar to yours. If you don’t patterns, lines and/or color
register your trademarks, you may be prohibited 2. Three-dimensional features such as
from using it by someone who has. shape, texture and/or surface of an
➢ A trademark is a corporate symbol that article are protectable by design right if
contributes to the image of the company is trying they are not dedicated by functional
to build. It is mark of quality and excellence that considerations.
identifies that the company as the manufacturer. ➢ The maximum duration of design protection
➢ Like a logo, a trademark can be a combination of varies from country to country from 5 to 25
color, typestyle, and shape, or it can be just shape years.
and color like McDonald’s golden arches.
TYPES OF TRADEMARKS
1. TRADEMARKS “Intellectual Property is a key aspect for
• are used to identify products economic development.”
2. SERVICE MARKS Craig Venter
• are used to promote a service
3. COLLECTIVE MARKS
• are used organizations or associations to
identify themselves
REVIEWER!!! FROM GRANT AND FRIENDS, PASALAMAT NALANG IN PERSON <3
Develop IT Business Plan and people who are reading the summary often do
not have much time, so your executive summary
Clean Startup Canvas must grab their attention and entice them to read
through the larger, more in-depth
BUSINESS PLAN
documentation.
➢ A business plan is a document that summarizes
The Executive summary should address
the operational and financial objectives of a
these main points:
business and contains the detailed plans and
• Purpose – Make sure you have a purpose
budgets showing how the objectives are to be
when writing the summary
realized. It is the road map to the success of your
business . • Problem – What issue needs addressing?
➢ A business plan is necessary because it will serve Why is it an issue? Why are you where you
as a guide on what to do and it will give a clear are? •Problem Analysis – What can be
outline of the things that need to be done. changed or improved?
• Results of Analysis – What did you find out
researching the issue? What methods did you
use? How do you know your resources are
IMPORTANCE OF BUSINESS PLAN
valid, reliable, and credible?
➢ A technopreneur should be involved in making
the business plan because he or she knows the • Recommendations – What can you do to
content of the business proposal and it explain it address the issue? How will you achieve your
thoroughly to the audience. recommendations? How will this help? What
FOUR REASONS WHY YOU NEED A action can be taken?
BUSINESS PLAN
1. To raise money for your business 2. COMPANY DESCRIPTION
2. To make sound decisions ➢ It is also known as the company overview that
3. To help you identify the potential weaknesses includes the history, mission statement, vision
4. To communicate your ideas with goals, objectives, products or services,
stakeholders management team, organizational structure, and
location of the company or the organization. This
BENEFITS OF A BUSINESS PLAN is significant to the business plan as it provides
1. See the whole business the clients or customers with the company’s
2. Strategic focus stability and credibility.
3. Set priorities
4. Manage change 3. PRODUCT OR SERVICE
5. Develop accountability ➢ Your product and services section should
6. Manage cash include:
7. Strategic alignment a. A description of the products or services you
8. Milestones are offering or plan to offer
9. Metrics b. How your products and services will be
10. Realistic regular reminders to keep on tract priced
c. A comparison of the products or services
your competitors offer concerning yours
d. Sales literature you plan to use, including
BUSINESS PLAN OUTLINE information about your marketing collateral
1. EXECUTIVE SUMMARY
materials and the role your website, will play
➢ An executive summary provides an overview of a in your sales efforts
larger document or research and is usually the e. A paragraph or so on how orders from your
first thing your reader will see. Frequently,
customers will be processed or fulfilled
executive summaries are the only place decision- f. Any need you have to create or deliver your
makers will determine if action is warranted on
products, such as up-to-date computer
a particular action or idea. The executive equipment
summary will analyze a problem, draw g. Any intellectual property (i.e., paten) or legal
conclusions, and recommend a complete but
issues you need to address
brief synopsis course of action. Remember, the
h. Future products or service you plan to offer
REVIEWER!!! FROM GRANT AND FRIENDS, PASALAMAT NALANG IN PERSON <3
4. MARKET ANALYSIS the - envelop assumptions for lifetime value,
➢ In writing a business plan, the company should gross margin, break-even point, etc.
undergo market analysis to know the market and 8. RECOMMENDATIONS
customer needs. This can be done through 9. REFERENCES
surveys and interviews to know the market
trends and what the customer needs for their
daily activities. THE LEAN CANVAS
➢ The lean startup canvas is an adaption of the
➢ A market analysis is a quantitative and
qualitative assessment of a market. It looks into business model canvas by Alexander
Osterwalder, which adds a layer to the
the size of the market in volume and value, the
various customer segments and buying patterns, traditional business model canvas that focuses
the competition, and the economic environment on problems, solutions, key metrics and unfair
in terms of entry and regulation barriers. advantage based on a unique value proposition.
➢ Present your Iachibuchi framework or SOSTAC ➢ ASH MAURYA found the business model
framework and discuss here comprehensively canvas a bit too general for a lean startup that is
(Includes all the analysis tools such as SWOT why he revised the key partners, key activities,
analysis or TOWS analysis and others). key resources, and customer relationships and
substituted it with a problem, solution, unfair
5. STRATEGY AND IMPLEMENTATION advantage, and key metrics, respectively.
➢ A company should create its strategic plan in a
maximum span of t years to 10 years. This will 1. PROBLEM
provide the company with ideas and serve as a A brief description of the top 3 problems
guide in achieving its goals and objectives you’re addressing in the market. If there is a
through implementation. problem then its is time to fine a probable
➢ Strategy implementation is the translation of solution.
chosen strategy into organizational action so to
achieve strategic goals and objectives. Strategy 2. CUSTOMER SEGMENTS
implementation is also defined as how an Who are the customers/users of this system?
Can they be further segmented? It can be
organization should develop, utilize, and
amalgamate organizational structure, control done through market analysis, knowing your
system, and culture to follow strategies that lead target customer is like knowing what
to competitive advantage and better products or services are suitable to that
performance. location.
7. COST STRUCTURE
List out all your fixed and variable costs.
8. REVENUE STREAMS
Identify your revenue model – subscription,
ads, freemium, etc. and outline your back-of-
the envelop assumptions for lifetime value,
gross margin, break-even point etc.
9. UNFAIR ADVANTAGE
Jason Cohen, a smart bear, did a great 2 part
series on the competitive advantages . Most
founders lost things as competitive
advantages that really aren’t. Anything that
is worth copying will be copied.