Modern Marketing Challenges

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Transcript of Modern Marketing Challenges

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Modern Marketing Challenges

And how to overcome them

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Marketing has changed…

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…because markets have changed

70% of buying decisions

are self-directed

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50% of all purchasing

decisions influenced by 3rd parties

…because markets have changed

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We see 2900

marketing messages daily

…because markets have changed

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Six key differencesOLD SCHOOL

Find customers

Demographic targeting

Mass marketing

Point-in-time campaigns

Limited isolated channels

Creative/intuitive decisions

www.bangthedrum.biz

OLD SCHOOL

Find customers

Demographic targeting

Mass marketing

Point-in-time campaigns

Limited isolated channels

Creative/intuitive decisions

NEW SCHOOL

Six key differences

www.bangthedrum.biz

OLD SCHOOL

Find customers

Demographic targeting

Mass marketing

Point-in-time campaigns

Limited isolated channels

Creative/intuitive decisions

NEW SCHOOL

Be found

Six key differences

www.bangthedrum.biz

OLD SCHOOL

Find customers

Demographic targeting

Mass marketing

Point-in-time campaigns

Limited isolated channels

Creative/intuitive decisions

NEW SCHOOL

Be found

Behavioural targeting

Six key differences

www.bangthedrum.biz

OLD SCHOOL

Find customers

Demographic targeting

Mass marketing

Point-in-time campaigns

Limited isolated channels

Creative/intuitive decisions

NEW SCHOOL

Be found

Behavioural targeting

Targeted communication

Six key differences

www.bangthedrum.biz

OLD SCHOOL

Find customers

Demographic targeting

Mass marketing

Point-in-time campaigns

Limited isolated channels

Creative/intuitive decisions

NEW SCHOOL

Be found

Behavioural targeting

Targeted communication

Continuous relationships

Six key differences

www.bangthedrum.biz

OLD SCHOOL

Find customers

Demographic targeting

Mass marketing

Point-in-time campaigns

Limited isolated channels

Creative/intuitive decisions

NEW SCHOOL

Be found

Behavioural targeting

Targeted communication

Continuous relationships

Multiple integrated channels

Six key differences

www.bangthedrum.biz

OLD SCHOOL

Find customers

Demographic targeting

Mass marketing

Point-in-time campaigns

Limited isolated channels

Creative/intuitive decisions

NEW SCHOOL

Be found

Behavioural targeting

Targeted communication

Continuous relationships

Multiple integrated channels

Data-driven decisions

Six key differences

www.bangthedrum.biz

Is anyone looking?KNOW THE MARKET

Is anyone listening?DOES THE MESSAGE MATCH

THE MARKET?

Making it work

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Does the mud stick?ENSURE THE MESSAGES FIT

BRAND AWARENESS MATTERSWill they remember?

Making it work

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Does the left work with the right?MAKE CHANNELS WORK TOGETHER

What’s the verdict ?MEASURE AND RESPOND

Making it work

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It’s all (still) about strategyStrategic approach

Outcome focused

Holistic offerings

Success driven

Broad experience

Agile

Connected

Team approach

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Holistic viewStrategy and Planning

Marketing

Design

Analysis and Reporting

Communications

Video Services

Web Services

Events

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Goals without plans…

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Plans without goals…

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Goals and plans without strategy…

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Goals + Plans + Strategy