Cross-Pollinated Marketing: The Blurring of B2B & B2C Strategy using Earned, Social & Mobile Media
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Transcript of Cross-Pollinated Marketing: The Blurring of B2B & B2C Strategy using Earned, Social & Mobile Media
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Cross Pollinated Marketing Webinar | Slide 1
Cross-Pollinated Marketing:The Blurring of B2B & B2C Strategy
Using Earned, Social & Mobile Media
Presented by: Damien Navarro08/23/2011
#EMGWebinar
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Cross Pollinated Marketing Webinar | Slide 2
Welcome!
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About EMG Webinars• Short Q&A session will occur at end of presentation• Webinar presentation will be recorded• Links to be sent to attendees
Presentation posted to EMG Knowledge Center
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Cross Pollinated Marketing Webinar | Slide 3
About EMG & Core Competencies• Full-service digital marketing and communications agency• Headquartered in Los Angeles, CA• Established in 1999• Clients Diversity Includes:
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Cross Pollinated Marketing Webinar | Slide 4
Strategy MediaPlans brand stories and experiences that engage consumers in relevant,
meaningful ways
Plans propagation of brand stories and experiences
through owned, paid, earned and shared media
Translates brand stories and experiences to visual
identity and concepts
Discovers new methods of consumer engagement
utilizing technology
Creative Technology
About EMG & Core Competencies
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Cross Pollinated Marketing Webinar | Slide 5
Presenter Introduction
• Background in cross-channel marketing, online advertising, enterprise technology, social media
• Focused on helping clients to think strategically and to maximize internal and external resources
• SME in technology innovations, marketing, and behavioral marketing trends
• Experienced industry thought leader, public speaker• Works with clients in multiple verticals: Higher
Education, Financial Services and Entertainment
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Damien Navarro, Managing Partner & CEO, EMG
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Cross Pollinated Marketing Webinar | Slide 6
Key Take Aways
1. How to think unconventionally past your traditional marketing routine and audience
2. How to initiate and test cross-pollinated marketing opportunities
3. How to leverage your community and audience funnel to attract new customers
4. How to put a test plan together to experiment with diversifying the media mix without large risk
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Cross Pollinated Marketing Webinar | Slide 7
Why a Different Approach?
1. The audience eco-system is no longer black and white2. The digital touch point and access is everywhere3. The increasing cost of paid media4. The instant make or break of social media5. The increasing power, and make or break of crowdsourcing
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Cross Pollinated Marketing Webinar | Slide 8
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Cross Pollinated Marketing Webinar | Slide 9
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Cross Pollinated Marketing Webinar | Slide 10
(March 2010 Pew Research)
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Cross Pollinated Marketing Webinar | Slide 11
PERFORMANCE-DRIVEN MARKETING(Paid Media)
EXPERIENCE-DRIVEN MARKETING(Earned Media)
Channels that Brands pay to leverage
Traditional, Digital, Mobile Advertising
The community drives the channel
BRAND CHANNELS(Shared & Owned Media)
Channels powered by partnerships or brick and mortar / physical collateral and visibiltiy
Social Content Contributors integrated with Brand hosted
platforms
STRATEGY & INTELLIGENCE
Today’s Media Mix
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Cross Pollinated Marketing Webinar | Slide 12
The Business Case for Earned Media
• Increase revenue by providing ‘premium’ services or insight
• Build stronger partnerships – “selling sideways”
• Customer & Agent recruitment, acquisition and retention
• “Customer Service” – overcoming objections, community selling, FAQ’s
• Industry Visibility & Organic Search Result Rankings
• Reputation management and positioning in the marketplace
• Publicity (PR) and Brand Awareness (Digital Footprint)
Global survey of 1,700 corporate executives found that 69% claim advantages of earned media. McKinsey Report 2010
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Cross Pollinated Marketing Webinar | Slide 13
The Business Case for Mixing Paid and Earned Media
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Cross Pollinated Marketing Webinar | Slide 14
The Cross-Pollinated Approach Simplified
– Natural Movement Marketing • least amount of movement (tactics) with the most collective impact
– Blends marketing strategies to reach and influence direct customers and in-direct influencers alike
– Overlaps the Consumer vs. Customer lifecycle– Leverages earned media and 24/7 access to engage new
audiences
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Cross Pollinated Marketing Webinar | Slide 15
How the Revenue Models are Shifting
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Cross Pollinated Marketing Webinar | Slide 16
Pharma – Yesterday
Pharma
PhysiciansPatients
$$
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Cross Pollinated Marketing Webinar | Slide 17
Pharma – Today (Mixing B2B & B2C)
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Pharma
Media
Patients
Physicians
$
$
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Cross Pollinated Marketing Webinar | Slide 18
TV – Yesterday – B2B
Studios Advertisers
$
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Cross Pollinated Marketing Webinar | Slide 19
TV – Today (B2B & B2C)Studios
Media
Audience
Cable
Advertisers
Network
$ $
$
$
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Cross Pollinated Marketing Webinar | Slide 20
Theatrical - Yesterday (B2B)
Studios Audience
$
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Cross Pollinated Marketing Webinar | Slide 21
Theatrical Today (B2B & B2C)
Studios
Audience
Theatres
DVD
On-Demand
Syndication
$
$
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Cross Pollinated Marketing Webinar | Slide 22
Who’s Taking Advantage of the Shift?
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Cross Pollinated Marketing Webinar | Slide 23
Johnson & Johnson Goes Beyond Direct to Consumer
They are leading the “health” of the industry
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Cross Pollinated Marketing Webinar | Slide 24
Scottrade Uses Influencers to Engage Conversation
They are impacting the community, the marketplace
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Cross Pollinated Marketing Webinar | Slide 25
Kofax Used Branded Content to Build Equity
Influencers, influence buyers
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Cross Pollinated Marketing Webinar | Slide 26
Statefarm Makes Itself Accessible by Giving Back
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Fans become customers through self-change
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Cross Pollinated Marketing Webinar | Slide 27
Zinch Becomes the Broker of Resources and Students
Institutions are having to play by new rules
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Cross Pollinated Marketing Webinar | Slide 28
Defining a New Cross-Pollinated Tactical Approach
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Cross Pollinated Marketing Webinar | Slide 29
Decision Makers
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Advocates Consumers
Media
UsersInfluencers
What is the Complexity of Your Audience
Community
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Cross Pollinated Marketing Webinar | Slide 30
0.5 1 1.5 2 2.5 3 3.5 4 4.5 50
0.5
1
1.5
2
2.5
3
3.5
4
4.5
Y-ValuesColumn1
Decision Makers
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AdvocatesConsumers
Media
Users Influencers
How are they all connected?
Community
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Cross Pollinated Marketing Webinar | Slide 31
Educated and Influenced
Phase 1Initiator or Follower
Phase 2Introduction to Idea & Awakening of Needs
Phase 3Research and Self Identification
Phase 4Self Assessed + Brand Search
Phase 5Deeper Research, Experience, Community
Phase 6Q & A, On-Site,Examination of Sentiment & Reputation
Phase 7Final Decision,Seeking Influencer Opinion Cost, Payment
Phase 8Fan & Loyaltyor Disengaged
Opportunity Target Search Lead Qualif. Lead
Vulnerable and Emotional
Member /Retention
Donate/ Conversion
Adopt/Yield
Evaluate Your Customer Lifecycle Framework
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Cross Pollinated Marketing Webinar | Slide 32
Educated and Influenced
Phase 1Initiator or Follower
Phase 2Introduction to Idea & Awakening of Needs
Phase 3Research and Self Identification
Phase 4Self Assessed + Brand Search
Phase 5Deeper Research, Experience, Community
Phase 6Q & A, On-Site,Examination of Sentiment & Reputation
Phase 7Final Decision,Seeking Influencer Opinion Cost, Payment
Phase 8Fan & Loyaltyor Disengaged
Opportunity Target Search Lead Qualif. Lead
Vulnerable and Emotional
Member /Retention
Donate/ Conversion
The flow of influence from “fans” and “friends” can be just as impactful.
Adopt/Yield
Determine How Customers Influence Your Lifecycle
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Cross Pollinated Marketing Webinar | Slide 33
Diagnosing Your Funnel – Where is There Crossover?
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Cross Pollinated Marketing Webinar | Slide 34
Assess and Craft Your Earned Media Strategy
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Cross Pollinated Marketing Webinar | Slide 35
Strategic Approach: Earned Media Imperatives
Imperative #1: Leverage “Super Influencers”
• If awareness for the brand is low, leverage “Super Influencers”
(key
bloggers, media and online personalities) who have an
established an engaged online community
Rationale
• Leveraging these large, established communities will provide a
greater opportunity for the awareness to spread online
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Cross Pollinated Marketing Webinar | Slide 36
Strategic Approach: Earned Media ImperativesImperative #2: Build a dynamic digital platform and content playbook
• Once key influencers have been identified, leverage a dynamic
digital platform and media plan that facilitates authentic
engagement between the influencer and their audience
Rationale
• Introducing an innovative content syndication and relevant (trend-
watch content) will allow the intended conversation to scale quickly
and deliver an experience that no other brand is delivering
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Cross Pollinated Marketing Webinar | Slide 37
Strategic Approach: Earned Media ImperativesImperative #3: Benchmark and measure impact
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Cross Pollinated Marketing Webinar | Slide 38
Strategic Approach: Sample Earned Media Eco-System38
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Cross Pollinated Marketing Webinar | Slide 39
Sample Content Delivery Model
Owned Web Property
Social networks
Mobile App OR Site (WAP)Branded Content& Media
Third Party & Partners
Community & Influencers
Influencers
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Cross Pollinated Marketing Webinar | Slide 40
My Top Ten
1. Identify your audience and business needs first (*it’s not you)
2. Gain momentum through small, measurable, experiments3. Be honest when evaluating what you’re capable of
sustaining4. Look across alternative industries5. Observe what the audience is watching, sharing and
creating6. Leverage your resources – talent?7. Task and reward the community to promote8. Protect your users – protect your brand9. Continually monitor, measure and manage your community10. Silence the “Devil’s Advocate”
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Cross Pollinated Marketing Webinar | Slide 41
Questions?
• We’d love to hear from you. Let us know if you have any questions!
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Cross Pollinated Marketing Webinar | Slide 42
Q & A
Thank You!
Contact us today to learn how EMG can apply its expertise in developing and implementing your institution’s persona to help you get started!
Toll Free: (866) 62-EARTHwww.visitemg.com
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FULL WEBINAR AVAILABLE TOMORROW AT:
Youtube.com/earthboundmediagroup
Earthboundmediagroup.com/emg/home/knowledge-center/webinars.html
STAY CONNECTED WITH EMG:
Twitter.com/EMGtheAgency
Facebook.com/earthboundmediagroup
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Cross Pollinated Marketing Webinar | Slide 43
Thank You For Your Time!
Damien NavarroManaging [email protected] x 101