DigiMarketing In A Crisis, The Next Step After E Commerce

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presentation to Tourism Technology Association Bangkok July 24 2009

Transcript of DigiMarketing In A Crisis, The Next Step After E Commerce

DigiMarketing in a Crisis

Dr Ian FenwickSasin Graduate Institute of Business Administration

Tourism Technology Association, July 24, 2009

wejicrisis

danger opportunity

http://www.pinyin.info/chinese/crisis.htmlhttp://www.washingtonpost.com/wp-dyn/content/article/2007/01/18/AR2007011801881.htmlhttp://en.wikipedia.org/wiki/Chinese_translation_of_crisis#cite_note-1

what is digimarketing?

http://en.wikipedia.org/wiki/File:The_Thumbs-up_position.jpg, Steven H. Keys and http://www.keysphotography.com, http://en.wikipedia.org/wiki/File:OK_Sign.jpg, http://en.wikipedia.org/wiki/File:The_gesture02.jpg, Licensed under Creative Commons Attribution ShareAlike 2.0 License http://www.filmstudion.se/This_01.jpg

NOT digital marketing

http://en.wikipedia.org/wiki/File:The_Thumbs-up_position.jpg, Steven H. Keys and http://www.keysphotography.com, http://en.wikipedia.org/wiki/File:OK_Sign.jpg, http://en.wikipedia.org/wiki/File:The_gesture02.jpg, Licensed under Creative Commons Attribution ShareAlike 2.0 License http://www.filmstudion.se/This_01.jpg

definitely NOT

digital marketing

Digital Marketing, digimarketing, is the evolution of marketing.“It happens when the majority, or totality, of a company’s marketing uses digital channels.

opportunity1

new 4 P’s2

action now3

2 3

opportunity

1

why a digimarketing opportunity?

under spent

Internet penetration 20091.6 billion +

http://en.wikipedia.org/wiki/Image:Internet_users_en_2007.PNG

www.internetworldstats.com/http://advertising.microsoft.com/asia/NewsAndEvents/News.aspx?Adv_NewsID=1630

Internet penetration 20091.6 billion +

http://en.wikipedia.org/wiki/Image:Internet_users_en_2007.PNG

www.internetworldstats.com/

Asia 41%China 298 million

22%162m bloggers 54%

http://advertising.microsoft.com/asia/NewsAndEvents/News.aspx?Adv_NewsID=1630

Source:Neo@Ogilvy

% Advertising Dollars Spent Online

% Consumer Time Spent Online

marketing lag

2003 2004 2005 2006 2007 2008

-5%

0%

5%

10%

15%

20%

25%

30%

why a digimarketing opportunity?

under spent

the future

digital will

predominate

it is the one most adaptable

to change

it is not the strongest of the species that survives… “nor the most intelligent…

easier to learn if you start early…

and you never forget

Source: www.stockphotos.com

why a digimarketing opportunity?

under spent

the future

trackable

From the George Grantham Bain collection at the Library of Congress. According to the library, there are no known restrictions on the publication of these photos. http://en.wikipedia.org/wiki/File:Johnny-Wanamaker2.jpg

John Nelson Wanamaker (1838 –1922)

Half the money I spend on advertising is wasted; the trouble is I don't know which half

why a digimarketing opportunity?

under spent

the future

trackable

2 3

opportunity

1

new 4 P’s

1 32

Product

Price

Place

Promotion4 P’s of marketing

Permission

4 P’s of digimarketing

• clear opt-in• easy opt-out• customer-chosen

content & frequency• contextual relevance

claims 10 million downloads

240,000 per week

www.Sanook.com

Source: OgilvyOne, Hong Kong, 2008, The HyperFactory, XS2TheWorld

Permission

Participation• clear opt-in• easy opt-out• customer-chosen

content & frequency• contextual relevance

belong to a social

networking site?

www.facebook.com www.myspace.com

www.mixi.jp www.cyworld.co.kr

social networks

1/3 of global audience is 35-49; 1/4 is over 50

www.facebook.com www.myspace.com www.mixi.jp

www.cyworld.co.kr 9

132 m unique visitors, June 2008world’s fastest growing social networking site

http://www.techcrunch.com/2008/08/12/facebook-is-not-only-the-worlds-largest-social-network-it-is-also-the-fastest-growing/

200 m Nov 2008

http://www.briansolis.com/2009/03/twitter-and-social-networks-usher-in/ /www.techcrunch.com/2009/07/15/facebooks-offical-user-count-now-250-million/

250 m July 15 2009

Facebook: 4th largest country in the world

1/3 of global audience is 35-49; 1/4 is over 50

www.facebook.com www.myspace.com www.mixi.jp

www.cyworld.co.kr 9

http://www.techcrunch.com/2008/08/12/facebook-is-not-only-the-worlds-largest-social-network-it-is-also-the-fastest-growing/

Facebook

http://www.briansolis.com/2009/03/twitter-and-social-networks-usher-in/ /www.techcrunch.com/2009/07/15/facebooks-offical-user-count-now-250-million/

250 m July 15 2009

http://www.facebook.com/apps/application.php?id=2841359929&b=&ref=pd_rhttp://www.wilhelmus.ca/2007/11/gotta_ski_bc_facebook_applicat.html

read blogs?

Reading blogs % of active internet users (using internet at least every other day), 16-54 years old, March 2008

Power to the People Social Media Tracker, Wave 2, Universal McCann, 2008, surveyed 17,000 internet users (using everyday or every-other-day, 16-54 year-olds) in 29 countries

70%

read at least weekly

50%

Power to the People Social Media Tracker, Wave 2, Universal McCann, 2008, surveyed 17,000 internet users (using everyday or every-other-day, 16-54 year-olds) in 29 countries

Started my own blog % of active internet users 16-54 years old, March 2008

35%21%

write at least weekly

Digital respect

paid circulation2007 <4 million

1.7 m unique visitors (US only)33-48 m page-views

(May 2007)

http://perezhilton.com/?p=2601, http://gawker.com/news/welcome-to-the-internet/the-truth-about-perez-hiltons-traffic-276369.php

ComScore, Nielsen NetRatings

Perez Hilton

heard of Twitter?

do you tweet?

http://www.readwriteweb.com/archives/twitter_passes_nyt_wsj_in_unique_visitors.php

www.Twitter.com/DrIanFenwick

February 2008 < .5 m unique usersFebruary 2009 > 7 m unique usersLargest age group? 35-49 year olds (3m)

http://www.techcrunch.com/2009/07/10/crunchup-live-real-time-business/

Virgin’s perspective about social media isn’t a marketing channel but an engagement channel.We ask our community to answer questions. We love social media.”

20,000+ followers on twitter: most common question: should I fly Virgin?“the community closes the sale”

Porter Gale, V-P Marketing Virgin America

Permission

Participation

Profile• opportunities to

review, • to comment, • to tag • to upload• to engage• social CRM

4 P’s of digimarketing

Permission

Participation

Profile

Personalization• collect data, quizes, games• drop by drop• build participant

insights • link to physical

channels

4 P’s of digimarketing

Permission

Participation

Profile

Personalization

• clear opt-in• easy opt-out• customer-chosen content &

frequency

• opportunities to review, comment, tag• upload

• collect data• drop by drop• build participant

profiles

• create relevant personalization

4 P’s of digimarketing

new 4 P’s

1 32

action now

1 2 3

1 year

=7

fast

5 secs

=4

ever

fast

user friendly

language

…tone

http://www.readwriteweb.com/archives/corporate_blogs_trust.php

How much do you trust the following information sources?

…can’t imagine why

http://www.readwriteweb.com/archives/corporate_blogs_trust.php

…can’t imagine why

http://www.readwriteweb.com/archives/corporate_blogs_trust.php

"As you know, I am an Apple fanatic, but this deal even has me looking twice. Our computer buyer has put together this!The Blitz ad says $350 but Santa called and challenged him to do better. So now Sam’s is at new price of $345 and an additional $20 case value is included. This is an 8.9" WSVGA Acer CrystalBrite TFT LCD (1024 x 600) with an Intel Atom Processor, 1GB Memory, 120GB Hard Drive and a Crystal Eye Webcam. WOW. That information tells me that Sam’s really put together a great item for our Members! This unit is great for surfing the net, e-mail and is a nice netbook."

8%

http://marketshare.hitslink.com/

68%

.7% .6%

1%

Scale only approximate

21%

all browsers

Communities Dominate Brands Business and marketing challenges for the 21st century By Tomi T Ahonen and Alan Moore

World population? 6.6 bInternet users? 1.6 b

Landline phones? 1.3 b

Credit cards? 1.4 b

TV sets? 1.5 b

Mobile phone subscribers? 3.3 b

http://www.itu.int/ITU-D/ict/newslog/Indonesia+Overtakes+Japan+To+Take+Third+Place+In+Asia+Subscriber+Rankings.aspx

Thailand? 61.9m

how does your website look

on mobile devices?

all browsers

http://www.mobvis.org/demos.htm

Augmented Reality

www.tubemogul.com

vdo

news/updates

do you have a search strategy

for your business?

search strategy

Organic ListingsSearch Engine Optimization (SEO)

Paid ListingsSearch Engine

Marketing (SEM)

anyone read on-line reviews?

interactions lead to

transactions

• #2 driver of purchase decisions (#1: personal advice from friend)

• user reviews more influential than 3rd party reviews1

• 86% read before buying(90% trust) 2

• 70% who read reviews share them with friends, family, or colleagues3

1"Web users and web community," Rubicon Consulting, Inc. October 20082 Kudzu.com survey of 600 users, December 20083Deloitte & Touche, September 2007 All quotes from www.bazaarvoice.com/industryStats.html

Peer Reviews

Social Networks

interactions lead to

transactions

Action

Preference

Awareness

Consideration

Web2.0

Peer Reviews

Social Networks

interactions lead to

transactions

Action

Preference

Awareness

Consideration

Web2.0

62% of brand-related talk features products in a positive light

< 1% feature products negatively

www.imediaconnection.com/content/13386.asp

of course, it isn’t all good, all the time…

www.serph.comwww.monitter.com http://spy.appspot.com www.blogpulse.com

monitor

Intervene…gently

apologize…if necessary

opportunity1

new 4 P’s2

action now3

Tourism Queensland www.IslandReefJob.com

$150,000 6-monthscaretaker & blogger on Great Barrier Reef

1 million visits in 7 days

over 35,000 applicantshttp://www.worldtravelguide.net/news/3407/news/And-the-real-winner-is%85-the-Australian-tourism-board.html

But…blog sites and internet forums have been buzzing with complaints since the weekend, when the Tourism Queensland website crashed on the eve of the competition deadline…as the website was flooded with more than 7000 applications at once.…The furious 51-year-old professional photographer…slammed the promoter…sending out a mass email with the subject line "The worst run contest in the world”

“Tourism Queensland grossly underestimated the demand," Mr Cook said."Surprised by 30,000 entries? You've got to be kidding…“…they should have expected at least 100,000 entries and planned for 500,000.

“Dude, you can’t take something off the internet…that’s like trying to take a pee out of a swimming poolJoe Rogan, Newsradio

www.slideshare.net/ian.fenwickwww.twitter.com/DrIanFenwickwww.DigiMarketingNow.com