Download - Introduction to Online Marketing: Basic Stats and Important Terms

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Page 1: Introduction to Online Marketing: Basic Stats and Important Terms

Introduction to Online Marketing

Page 2: Introduction to Online Marketing: Basic Stats and Important Terms

WHY bother marketing ONLINE?

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It’s the Biggest Market

With 2 billion users globally

24 Hours A Day

Available in just one CLICK

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Connects you ANYTIME

ANYWHERE

Users are of ULTIPLE AGE

GROUPS

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More than

25% of internet users

are

Online on their CELL

PHONE

Source: Pew Research Center 2013

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World Internet Users by Region (2011)

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ONLINE MARKETING IS SUCCESSFUL IN BANGLADESH

But Importantly,

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Case Study: Bikroy.com

CHALLENGE: develop a leading online brand for the masses in Bangladesh

APPROACH: maximize online presence with a heavy ATL campaign of Billboards & TVCs

Results: One of the most recognizable online brands in BD in less than 1 year

ONLINE CHANNELS: Networks Direct

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Online Marketing is:

- Your Web Presence: Website, Social Media, Videos - Email - Being found on Search Engines - Paid Ads … and more!

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… but there are LOTS of new terms & tools to learn

Its not rocket science

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Lets start with: CAMPAIGN A series of advertisements displayed over a set period of time to achieve specific goals.

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Banner Ad A form of online advertising. It entails embedding an advertisement onto a webpage. These ads come in different shapes & sizes, but all are meant to increase brand awareness or drive traffic to a specific website.

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Ad Network A company that sells advertising to many individual clients. It is designed to let advertisers reach broad audiences relatively easily by buying online ads that are shown across a variety of websites.

Advertiser Publisher (websites)

Ad Network

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Social Media Websites and applications used for networking online

Examples: Facebook, Twitter, Linkedin

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Hashtag A word or phrase prefixed with “#”. Short messages on microblogging and social networking services such as Twitter or Instagram may be tagged by putting “#” before key words

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Trending What is currently popular

Viral An image, video, advertisement, etc. that is circulated rapidly on the internet

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ROI = Return on Investment A measure of the profit derived from advertising divided by the total advertising cost.

EXAMPLE: Cost = 40,000 taka Profit = 100,000 taka ROI = 60,000 taka

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Paid Marketing Paying money to reach a wider audience than normal. This can be done with Google, local ad networks like G&R, or through direct buys on sites like Facebook or Prothom-alo.com

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CPC = Cost Per Click An internet advertising model in which advertisers pay only when their ad is clicked. (Similar: PPC = Pay per Click)

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Impression When a person views a website that is displaying your ad -- A new impression is counted every time the page is reloaded with the ad.

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Traffic Traffic refers to the number of people who visit a site in a given time period.

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Keywords Words relevant to your product or service that can help your ad show up on relevant websites. Technology

Green & Red

Online advertising

Ads

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CPM = Cost Per Mille CPM = (Cost / impressions) X 1000

EXAMPLE: Cost = 40,000 taka Impressions = 1,000,000 CPM = 40 taka

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CTR = Click Through Rate CTR = Clicks / Impressions

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Conversion When a website visitor “converts” into a user/customer. They could do this by signing up for a newsletter or making an online purchase.

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CPA = Cost Per Acquisition CPA = Cost / Acquisition (Acquisition = Conversion)

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Brand The set of expectations, memories, stories and relationships that, taken together, account for a consumer’s decision to choose one product or service over another.

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Direct Response A type of marketing designed to generate an immediate response from consumers. This is different from BRAND marketing because it does not aim to help people remember the company

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Influence An individual or company’s importance measured online (see: Klout Score)

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Engagement A website or ad’s ability to hold a visitor’s attention or induce the visitor to participate

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UGC = User Generated Content Words and photos that unpaid contributors create and provide to publications, particularly websites

WEBSITE

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Wiki A website that allows collaborative editing of its content and structure by its users

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Widget A program that performs some simple function (weather report or stock quote). Could also be an element of a website (text box or button) that displays info or settings that can be entered or altered by the user.

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Blog A personal website or webpage on which an individual records opinions, links to other sites, etc. on a regular basis

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Microblogging The posting of very short entries or updates on a blog or social networking site

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eBook Book published in digital form

Whitepaper An informational document issued by a company to promote or highlight the features of a solution, product, or service

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B2B = Business to Business The exchange of products, services, or information between businesses

B2C = Business to Consumer A transaction that occurs between a company and a consumer

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Landing Page Webpage that an online ad links to

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Bounce Rate % of people who visit a website but leave without visiting a second page

WEBSITE

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Marketing Automation Software platforms designed for marketing departments and organizations to automate repetitive tasks. This refers to a broad range of automation and analytic tools for marketing.

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SEO = Search Engine Optimization

The process of improving a website's natural ranking in search results. The higher your website's SEO, the more often it will show up when people search for something related.