Marketing Yourself and Your Business (A quick intro)

Post on 09-Feb-2017

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Transcript of Marketing Yourself and Your Business (A quick intro)

Marketing and Promoting Yourself.

@MarlonCreative

About Me

We are all selling.

MBA Brand DJ Brand

“The purpose of a business is to create a customer.” – Peter Drucker

What is your Business Model?

What is marketing?

How does a seller make an offer?

The Marketing MixDistinct configurations for diverse segments

Product

Place

Promotion

German artist Anselm Reyle

Price

The Customer Puts The Price

Marketing: An exchange of value.

3 Principles of Marketing

Always Create Real

Value

Be different

You can’t be everything to

everyone

Where are you now?

Strengths Weaknesses

Opportunities Threats

Internal

External

SWOT Analysis

Helpful Harmful

STP Framework

Segmentation Targeting

• Identify positioning concepts for each target segment, select the best, and communicate it.

• What is it?• How is it unique?• For who?

• Evaluate attractiveness of each segment. How do you create value for them?

• Prioritize who you must communicate with.

• Who are your different customers/ stakeholders?

• Are you able to segment them?

• What segments are beneficial?

Positioning

Segment 1

Attribute 1Low Price

Attribute 2Beauty

Attribute 3Collectability

Value of the two segments

Segment 2

Segmentation Methods

Segmentation Methods 1. Characteristics of the

customer2. Benefits Sought3. Systematic / Product

related Behaviorsa. Purchasing behaviorb. by channel

Writing your positioning statement / elevator pitch

What changed?Apple positioning Statement

Personal Computer

Consumer Electronics

Key Messaging (Tactical)

What it isMessages for different audiences- Segments (what do they consider value?)

Features and benefits?

Marketing Objectives

Website Goal:Increase traffic to registration

page

KPI’s:# of visitors to registration

Target:500 per event

KPI:$ per event

Target:$/type of event

Segments:Web Traffic sources

Email Lists

Membership drives

Website Goal:Complete onboarding

process

KPI’s:# of people who fill

out intake or subscribe

Target: 20/month

Segments:Web Traffic Sources

EblastsSocial Media

Adwords

Website Goal:Create content

to engage audience

KPI’s:# of downloads

Micro-Conversionssuch as intake.

Target:50/month

Segments:Lists

GeographySocial Channel

Email

Sell Publications

Website Goal:Increase sale of publications

KPI’s:# of books sold/quarter

Target:$6,000/quarter

KPI:Bounce rate

Target:Below 50%

Segments:Event registrants

Social MediaEmail campaign

Web traffic

Sell tickets to event

Score cards

What makes a good goal?

1. Measurable

2. Actionable

3. Feasible

Do you have historical data to create a baseline?

Types of Marketing Analytics

What you know. (facts)

What you know you don’t know. (questions)

What you think you know. (Intuition - testing)

What you don’t know you don’t know. (magic sauce)

How do you realize these objectives?

Stories

Beacons for CRM (Proximity Marketing)

Transactional Marketing

Word of Mouth Marketing

Email Marketing

Branding

ImmediateAudio/Visual Representation or other first impression.

Colorola Studio Brand

Paige Craig Photography

CobraSnake

Brand Words Activity

Online Marketing

Content

SocialMedia Formula

Segmentation (STP)ContentCall to actionAnalytics

•Make it useful•Add value Utility

•Time starved audience•Information overload Keep it brief

•Report from your events•Highlight locations Hyperlocal

•Decentralize communications•Strategize how to get your audience involvedCollaboration

•Creating authentic narratives•Video / Multi-media Storymonials

The incumbents:Archive Social Media

More quality, more commitment

Instagram

Facebook

Facebook

Upload Directly to native feed

● Your videos will play automatically in News Feed

● Your videos will have view counts - happy algorithm

● Focus on quality from the first frame

Apps Photolettering

Apps | Periscope

1. Streaming2. Twitter 3. Emerging4. Live5. Q&A6. Press

imovie

Tips for shooting better video

Planning your shoot

Rule of Thirds

New Wave of Live Social Media

Less quality, more authenticity

A Shift in Social Media

Snapchat

Snaps on snaps on snaps

Periscope

Live Work in Progress with Q&A

Marketing Calendar

Tips

1. Be efficient

2. Use automation

3. Make it realistic

Moments of OpportunityWhat could merit preparation?

1. Be ready and thinking

2. Have your equipment ready

3. Have your strategy in place

4. Team effort

Budget

15-20%Should be reinvested into your business every year

How much should be spent on marketing?

Print or Digital?Benefits of Digital

● Track conversions ● More impressions● Digital world ● More images possible w/ gif ● Video promotion

Cons of Print

● Hard to track● Expensive / impression● Printing qualities varied● Layout and context

Audience or budget size matters

One Strategic Goal

Channel

Channel

KPI

Channel

Segment

Segment

Segment

advertisement metrics printwhat are the metrics involved?

Email listwhat are the metrics involved? Website

what are the metrics involved?

missed

Not your customer

Thank you!@marloncreative (twitter)@marlonfuentes (insta)@marlonf84 (snapchat)

email mf@marlonfuentes.info

Press Relations

56,900Size of newsroom staff in 1990 / Print

32,900Size of newsroom staff in 2013-2014

Relationships

Find your unique angle

Organize your thoughtsWhat did you learn in planning?

Target Media Outletshint* it’s not the

usual suspects anymore

DeliveryVisual? Is it cooked?

Journalists need it copy/paste.

How can you configure your marketing mix?

Product

Price

Place

Promotion

People

The golden circle

WhyHow

What

Key Messaging

1. Quick elevator pitch - 30-60 seconds2. Messages for different audiences- Segments (what do they consider value?)

Tips

1. 300 dpi images for print2. 72dpi ok for web3. All images at least 1600 x 1200 pixels 4. Landscape and portrait5. Caption all photos6. Peer reviewers - Groundswell PR

a. Invite them to your events b. Give them stuff

7. Research your targets

Startup costs- Web- Design- Photography - Video