Introduction Digital Marketing - IIT Bombay's Executive Program in Management

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Digital Marketing Executive Program in Management IIT Bombay Welcome Aboard!

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Introduction to Digital Marketing - Get Found, Convert & Analyze functions. Presented at the Executive Program in Management at IIT Bombay's SJMSOM

Transcript of Introduction Digital Marketing - IIT Bombay's Executive Program in Management

Page 1: Introduction Digital Marketing - IIT Bombay's Executive Program in Management

Digital Marketing

Executive Program in ManagementIIT BombayWelcome

Aboard!

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Mandar Marathemandarmarathe.net [email protected]

mandar.marathe

@mandar13

/In/mandarmarathe

About the Lecturer

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Professional Experience

Software Engineer(Pune, India)June 2004 – June 2006

Technology Manager (Boston, USA)January 2008 – April 2010

Sr. Director, Client Servicing & Office Head (Mumbai, India)October 2010 – November 2013

Co-founderDecember 2013 – Till date

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Academic Background

Master of Business Administration, December 2007.

Bachelor of Engineering in Computer Science, June 2004.

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IT’S TIME TO

OUR MARKETING!CHANGE

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After ~245 years, encyclopedia Britannica went out of print

Note: *as of 4/12, per comScore global data. Source: Kellog School of Management, Shane Greenstein and Michelle Devereux, “The Crisis at Encyclopedia Britannica.”

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In 2010, Newspaper Ad Revenue was surpassed by Internet.

Note: *America’s first newspaper ad appeared in 1704 in a Boston local newspaper, per AdAge. Internet advertising includes online newspaper advertising. Source: Print newspaper ad spending per Newspaper Association of America (NAA); Internet ad spending per Interactive Advertising Bureau (IAB).

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1990’s

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A Content Democracy

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2.3 Bn Global Internet Users

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After 125 years, landlines were surpassed by mobile phones in 2002

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an era of interconnectivity

~ 250mn+ Internet Users by 2015

More than 70% under 35 years; coming from even small towns

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A booming mobile nation

• Second largest telecom market after China with 850M+ subscribers!

• More mobile screens than color TVs!

• Launch of 4G (Reliance Jio)

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To consumer ‘pull’ From traditional ‘push’

Reach & frequency(Persuasion)

Motivations, context,experience, emotions,moods, need states ...

(Participation)

Our information needs have grown

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co

NETWORK TV

WEBSITE

RADIOMAGAZINES

MASSTRANSIT

GAMING

MOBILE

BRANDEDENTERTAINMENT

VOD

WEBPORTALS

WIDGETS

SOCIALNETWORKING

SMS

VIRTUALWORLDS

OPINIONSITES

SEARCHBLOGS

ONLINESEEDING

PODCASTS

Purchase

CABLE TV

NEWSPAPERS

BILLBOARDS

WEB VIDEORETAIL

IN-THEATER

WORD OFMOUTH

DVR

Influence – consumer operated

Persuasion – marketer generated

Consideration to purchase is not linear

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…the Internet has turned what used to be a controlled, one-way

message into

a real-time dialogue with millions.

DANIELLE SACKSTHE FUTURE OF ADVERTISINGFAST COMPANY, NOVEMBER 17, 2010

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Digital is our new business card.

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Online provide higher reach than Print across Genres

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8Mn TOI readers 50Mn Yahoo users

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800 k ET readers 7.2 Mn Moneycontrol users

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155k Femina readers 725k Glamsham reach

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All Auto Magazine readers < 100K

1.2MnTeam BHP users

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YouTube has 90% of Star TV’s reach

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3 Mantras of Digital

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Get Found: Create, Optimize & Promote Remarkable Content.

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Convert: Capture, Manage & Nurture leads to win customers.

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Analyze: Learn to make smart marketing investments that get results

.

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Get Found

SEO

SEM

Social Media

Blogs

Convert

Lead Conversion

Email Marketing

Analyze

Web Analytics

Social Analytics

Blog Analytics

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Research Is At The Core Of The Internet

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Keywords: The digital currency

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Jupiter Research/Ipsos Consumer Survey 6/07n=2123 (online users who have performed a search with a search engine in the last 6 months,

Question: Within the last 6 months, which of the following prompted you to go to a search engine to look for particular info on a product/slogan/company?

Real World exposure leads to Search

Offline channels are driving people to search!

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Free Traffic

Paid Traffic

Search Query

Organic v/s Paid Traffic

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What is SEO?

SEO (Search Engine Optimization) is the process of improving the volume or quality of traffic to a web site from search engines via search results

= More reach / eyeballs = More relevant audience = More business

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What is SEM?

Search Engine Marketing (SEM) is a set of marketing methods used to increase the visibility of a Web site in search engine results pages

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PROMISEPROMISE

OFFER

Lead capturing & nurturing

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Web Analytics

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Social Media Analytics

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Close the marketing loop!

ANALYZECONVERTGETFOUND

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Paid, Owned, & Earned Media

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Should my company invest inSocial Media?

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Growth of Social Media in India

• Social media has grown by 36%• Facebook has grown by 51% and has 82% reach

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The gravitational pull of social networks

What is a social

network? A site designed to allow

users to meet, communicate, share

content and build

communities.

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A connected generation: Social goes Mobile

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Old Spice, P&G

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Men’s body wash: A low involvement category

• Old Spice introduced body wash for men in 2003.

• By 2009, Old Spice’s share in the male body wash segment was starting to slip (Competitors: Dove, Irish Spring, Nivea)

• The category was growing at 7-9%

How does Old Spice generate excitement with guys who are not currently Old Spice customers and regain market share?

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Consumer Insight

• P&G’s own research: 60% of men’s body washes were purchased by women.

• Sparking a conversation between men and women on body washes was essential.

• Other entrants lacked masculine credibility – Dove, Nivea were perceived as ‘women’ brands.

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http://www.youtube.com/watch?v=owGykVbfgUE

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The Man your Man could smell Like

A crusader against “lady-scented” body wash, his suave, charismatic ways appealed to both sexes…and his “look at your man, now back to me” dialogue practically forced a conversation between ladies and their guys.

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“Response” campaign in July of 2010

A two-and-a-half-day event in which “The Man Your Man Could Smell Like” recorded 186 personalized messages to Old Spice fans who commented on YouTube, Twitter, Facebook and more.

• On Day 1, the campaign received 5.9 million YouTube views, more than Obama’s victory speech after 24 hours

• On Day 2, Old Spice had 8 out of the top 11 most popular videos on the web.

• By Day 3, the campaign eclipsed 20 million YouTube views • And one week post-launch, the work had been seen more

than 40 million times.

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Results

• Twitter followers increased 2700%• Facebook fan interactions went up 800%• Facebook fans increased 60% (from 500,000 to

800,000)• Oldspice.com traffic increased 300%• YouTube subscribers for the brand more than

doubled, increasing from 65,000 to 150,000• Old Spice also became the #1 All-Time Most Viewed

and #2 Most Subscribed Branded

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Facebook

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Twitter

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Engage: Reaching out proactively

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ICICI Bank uses Twitter to resolve customer complaints and answer customer queries.

It is an extension to their customer service call center.

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LinkedIn

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Why go Social?• Low cost consumer feedback alternative

– Product / Service testing– Time to market– Pulse of the junta

• Alternate channel to customer service– Easy routing of complaints / issues– Follow up

• Connect with the youth– Next in line with purchasing power– One step ahead

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Should my company invest in Mobile ?

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St. Peter’s Square

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1.1 Billion mobile 3G subscribers – 37% growth

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Although we can see that smartphone penetration is growing rapidly

% own a smartphone>60%

50-60%

40-50%

30-40%

<30%

38% 37%

43%

59%

28%

8%

62%

40%

20%

37%

29%

23%

28%

45%

35%

27%

37%

44%

53%

42% 39% 22%

27%

9%

33%47%

40%

25%

18% 43%

44%

67%

43%

43%

34%

38%

37%59%

61%22%

44%

38%

41%

42%

24%

34%11%28%

45%45%

26%37%

36%

20%25%

29%

36%

16%

24%

34%45%

31%

11%

QUESTION: “Which of the following devices do you own?” Smartphone (e.g. iPhone, Blackberry etc.)

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With tablet penetration slowly catching up

18% 19%

14%

33%

10%

5%

11%

11%

20%

15%

29%

5%

34%

16%

12%

12%

12%

14%

12%

11% 13%11%

4%

21%

17%

12%

10%

8% 20%

20%

28%

19%

12%

22%19%

17%32%

16% 8%

14%

11%

14%11%

6%

8%2%

6%10%

18%

12%37%

9%

6%

5%5%

5%6%6%

6%11%

12%

14%

11%

% own a tablet device

>20%

15-20%

10-15%

5-10%

<5%

QUESTION: “Which of the following devices do you own?” Tablet device (e.g. iPad, Samsung Galaxy etc..)

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Mobile internet traffic surpasses Desktop internet traffic in May 2012

Source: Stats counter, GlobalStats

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4th screen or 1st screen?

884Mn mobile phones

1.5bn TVs

1.1bn PCs

By 2015

5bn internet devices

Majority mobile

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An extremely personal device...

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…that offersInteractivityUnmatched interactivity optionsClick to Call, Click to SMS, Click to WAP, Click to Add to Contact/ Calendar/Bookmark

ReachUnparalleled reach to over 200Mn mobile users

TargetingReach your relevant audience.Choose based on Age, Gender, Interest Area, Handset, Location & Bill/Charge value

EnvironmentCommunicate in a non- spam, value environment

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With limitations

Range of forms, screens &

resolutions

Limited real estate

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MARKETER

CONSUMER

MARKETER SERVICES

• Agencies• Analytics/Data• Trading Desks,

DSP’s, Ad Exchanges, Ad Networks

CONSUMERSERVICES

• Device manufacturers

• Carriers• VOIP• Wi Fi

WAP Apps

VASOS, Stores

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QR Codes

SCAN SEE1. View Commercial2. Change colors3. Download specs4. Interior and Exterior

views (360 rotation)

SHARE

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WAP Banner Ads

• Content providers(publishers) make money on WAP sites.

• Most of the ads are served via Mobile Ad Networks.

• CPC, CPM, CPD

Ad Agency Mobile Ad Exchange

Mobile Ad Network

Mobile Ad Network

Mobile Ad Network

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In-App ads

• This is how App developers make money.

• This is how Google, Apple, Nokia’s app platforms make money.

Ad Agency Mobile Network

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Mobile Search Ads

• Operates on bid model.• Targeting – Smartphones,

carriers, GPS

Ad Agency Google AdWords

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SMS Ads

From: Cricket Alert

World Cup Group A: IND v AUS. IND 347/9. AUS 204/4 in 38.4 overs. Ponting 112* Lee 28

[AD] Enjoy World Cup with Pepsi. Get FREE wallpapers m.pepsi.in

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Ads on Operator portals

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Ads in Instant Messengers

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Ford Fiesta’s – Case Study Ad placement

• Ovi Maps: Weather ,Events, Burrp, Expedia, Maps and Lonely Planet

The Offer • “All New Ford Fiesta”. Bookings Open.

Find your nearest dealer !!

Targeting and localization• 89 outlets targeted all over India.• Ads displayed when user is within 25

miles radius of a Ford showroom.

Response mechanism•Click to Call, Click to Map and Click to Web

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Maximum response for ‘Click to Map’

CTR

Click to call

6.9%

Click to Web

11.1%

Click to Map

16.0%

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Coke Shadow : Mobile first• The video link was sent as SMS to over 8.7 mn users and 12

mn WAP impressions on Mobile youth platforms.

• In 7 days over 4.75 lakh interactions at Rs. 9 per action

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Why go Mobile?• 56% of smart phone users in India use mobile devices to compare prices and be

informed about products.

• 49% of smart phone users have changed their mind about purchasing a product/service in-store as a result of information they have gathered using a smart phone

• 76% urban Indian smart phone users are heavy social network users on phones as compared to 67% who use social networks on desktops.

• 50% of smart phone users have done at least one ecommerce transaction.

• Of the users who have searched for a business locally, 50% users visited the website of the business, 31% made online purchases, 40% users visited the business (physical store) and 28% of the users looked up the business on map.

Source: ourmobileplanet.com

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Thank You!