How to create an Internet Marketing Strategy

50
developing an internet strategy primaryposition.com David Quaid Principal Consultant PrimaryPosition.com SEO

description

Created from a decade of developing internet strategies for Irish Companies. What is an internet strategy and how do you define one? Covers Digital Strategy development to SEM and Social Media

Transcript of How to create an Internet Marketing Strategy

Page 1: How to create an Internet Marketing Strategy

developing an internet strategy

primaryposition.com

David QuaidPrincipal ConsultantPrimaryPosition.com SEO

Page 2: How to create an Internet Marketing Strategy

Ireland’s internet revolution really took root in the

1990’s

Page 3: How to create an Internet Marketing Strategy

The worst analogy used during this revolution

Page 4: How to create an Internet Marketing Strategy

The worst analogy used during this revolution:Your website = your shop front

Page 5: How to create an Internet Marketing Strategy

And, well, it couldn’t be more ....

Page 6: How to create an Internet Marketing Strategy
Page 7: How to create an Internet Marketing Strategy

A shop has passing traffic which equals trade.

Page 8: How to create an Internet Marketing Strategy

A shop has passing traffic which equals trade.

Because demand meets supply. And if you’re not there, you’re not there!

Page 9: How to create an Internet Marketing Strategy

The Shocking reality is thatWebsites rarely if, ever,

have an automatic supply of traffic.

Page 10: How to create an Internet Marketing Strategy

Which creates a huge problem if you’re weren’t aware of this

Page 11: How to create an Internet Marketing Strategy

Many first time would-be web-preneursbelieve that traffic will come from

• An automatic right to free Google Traffic• A viral effect from the “big idea” or “award winning” design”• By building a network on Facebook and advertising on twitter• By sharing it with friends and in advertising

Page 12: How to create an Internet Marketing Strategy
Page 13: How to create an Internet Marketing Strategy

* You can imagine the shock that people get when they hear €55 Cost-per-click in some 2010 Dublin online PPC Markets!

Page 14: How to create an Internet Marketing Strategy

Let’s start again properly shall we?

Page 15: How to create an Internet Marketing Strategy

The internet is something new;It’s something completely different!

Page 16: How to create an Internet Marketing Strategy

It’s the greatest single empower; of consumers and every day people.

Page 17: How to create an Internet Marketing Strategy

It’s the greatest single empower; of consumers and every day people.Even plumbers.

Page 18: How to create an Internet Marketing Strategy

Connect. Inform. Share.

Page 19: How to create an Internet Marketing Strategy

Like Music?Got a problem?Need a plumber?Which Hi-Fi should you buy?Don’t know how something works?

Page 20: How to create an Internet Marketing Strategy

No problem!

Page 21: How to create an Internet Marketing Strategy

Users Identify their problem

Page 22: How to create an Internet Marketing Strategy

Users Identify their problemSearch

Page 23: How to create an Internet Marketing Strategy

Users Identify their problemSearchLearn

Page 24: How to create an Internet Marketing Strategy

Users Identify their problemSearchLearnShare

Page 25: How to create an Internet Marketing Strategy

Users Identify their problemSearchLearnShareResearch

Page 26: How to create an Internet Marketing Strategy

Users Identify their problemSearchLearnShareResearchAnd Shop.

Page 27: How to create an Internet Marketing Strategy

Whatever a brand says,We know what’s really behind it

Page 28: How to create an Internet Marketing Strategy

Even if they try to hide it...

Page 29: How to create an Internet Marketing Strategy

Main Traffic Drivers

• Search

– People looking for products

– People looking for brands

– People looking for locations

– Ideas, Special offers, savings, exclusivity

– Random Search

Page 30: How to create an Internet Marketing Strategy

In April and May 2011, we analysed 35 domains in our collection of Google Analytics Accounts.

About 1 million Irish visitors pass through these in a given calendar month.

Here’s what we found

Page 31: How to create an Internet Marketing Strategy

IB2B sites like twitter and LinkedIndelivered as much as

3%

Page 32: How to create an Internet Marketing Strategy

Facebook, with some sites having over 15k fans, delivered just

between

2&5%

Page 33: How to create an Internet Marketing Strategy

, however, delivered a consistent

80-88%

Page 34: How to create an Internet Marketing Strategy

A search for every body

Page 35: How to create an Internet Marketing Strategy

Put things in order Idea

Digital Strategy

Domain acquisition

Website(s) design plan

Marketing plan

Digital Marketing Implementation

SEO

PPC

Social Networking

Page 36: How to create an Internet Marketing Strategy

Try it, Measure it, Improve it!

• Visits

• Bounce Rate

• Pages per visit

• Search Keywords

• Traffic from Search Engines– Branded and non-branded

• Enquiries and Sales

• Above By source

Page 37: How to create an Internet Marketing Strategy

Conversions – not traffic!

• How many visits did we get?

• How many came from

– Google?

– Newsletters?

– Social?

– Ads?

• How many sales did they make

• How much did that cost?

Page 38: How to create an Internet Marketing Strategy

If 100 people come from AdWords and 10 spend €100 and it cost €1 per visit....

Page 39: How to create an Internet Marketing Strategy

If 100 people come from AdWords and 10 spend €100 each and it cost €1 per visit....

Then you made €1,000. The cost per sale was €10.

Page 40: How to create an Internet Marketing Strategy

You can repeat this process for every function and activity

If 10 purchases are made from 100,000 newsletters and you make €1,000 and it

cost €50, then you made a profit

Page 41: How to create an Internet Marketing Strategy

But if it costs €100 to make a sale and you only make €10 profit

Then you’re going to need a new model!

Page 42: How to create an Internet Marketing Strategy

When you find things that work

Page 43: How to create an Internet Marketing Strategy

Repeat it. Improve it. Evolve it

Page 44: How to create an Internet Marketing Strategy

I’ve been working with online companies for 15 years. I’ve learnt a lot from working with over 500 companies in that period. I’ve built 5 of my own online companies

and I’ve been self sufficient for over a decade using nothing else but working

and marketing online. Here are the best things I want to share with you

Page 45: How to create an Internet Marketing Strategy

• You’ll need basic business advice

• If you don’t have an internet marketing background – bring it into the team

• Marketing isn’t intuitive and internet marketing really isn’t

• Traditional retail businesses have traffic. Websites DO NOT

Basics

Page 46: How to create an Internet Marketing Strategy

Build your team

• Pick a business mentor

• Pick a team of advisors and associates

– Financial

– Marketing

– Internet and e-commerce

– Branding

– HR

– SALES!

– Technology

Page 47: How to create an Internet Marketing Strategy

Every business needs...

• To understand the cost of sales

• To know the cost of selling

– How much marketing will be needed

– Launches

– PR

– AdWords

– SEO

– Social Media

Page 48: How to create an Internet Marketing Strategy

You can’t won’t do it all

• If web traffic was free, it wouldn’t cost so much

• Beware of replicator models – they don’t work online

• You need a unique selling point

• Competing on price is rarely a good one!

Page 49: How to create an Internet Marketing Strategy

Beware...

• Of being a replicator– beware of being easily replicated

– Users don’t like multiple accounts to do the same thing

• It takes a long time to build a community

• You cannot advertise to visitors that don’t exist

• Guarantees

• Reliance on a single vendor

Page 50: How to create an Internet Marketing Strategy

Thank you.

Primary Position SEO

http://twitter.com/primaryposition