Brand Building 7b

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brand building

Transcript of Brand Building 7b

  • 1. Internet Marketing Traffic and Brand Building

2. Topics

  • Smart browsing
  • Traffic as value
  • Traffic through visibility
    • Domain branding
    • Managing your portal presence
    • Publicity and word of mouth
  • Paying for traffic
    • Alliance and co-branding
    • Online ads
  • Evaluating traffic sources

3. Traffic as Value

  • Value is based on scarcity of supply, not necessarily benefits
  • The supply of Web content is growing faster than the number of users
  • While the volume of online material provides ever-increasing value to network users, the the battle for attention is severe

Value and Scarcity 4. Headline Paraphrase current articles on the battle for traffic Publication & Date 5. Traffic asValue Elements of a Web Traffic Plan

  • Acquiring traffic is expensive
  • And critical to Web marketing success
  • First step: make the site easy to find by new users
  • The steps in Figure 9.3 build on each other

Destination Site Search &Directory Publicity Paid Advertising External Links Domain Name/Brand Fig. 9.3: Sources of Traffic 6. Traffic as Value Elements of a Web Traffic Plan

  • Retaining traffic is profitable
  • Site loyalty dramatically lowers the cost of maintaining web site traffic
  • Fewer new users must be attracted to maintain a profitable user base

Table 9.2 7. Traffic as Value Elements of a Web Traffic Plan

  • Developing Traffic Requires Value
  • Visit duration is the online equivalent to time in a store
  • Long visit duration allows:
    • More time to communicate the message of the site
    • Additional opportunities to engage in commerce
    • More chances to build commitment and loyalty
    • Exposure to more advertising or alliance partner impression

8. Traffic as Value

  • Visit duration is a good measure of customer value
  • The higher the value of a site, the longer the duration of visits

Elements of a Web Traffic Plan Figure 9.4 Length of Time Visitors Spend on the Xerox Company Web Site 9. Traffic Through Visibility Traffic Builders: Domain Names

  • A domain name is the address a customer uses to find your site
  • Poorly chosen names can hinder success
  • Once chosen, domain names can be difficult to change without significant expense
  • A domain name strategy should
    • Reinforce branding
    • Build traffic
    • Anticipate consumer behavior and mistakes

10. Traffic Through Visibility Traffic Builders: Domain Names Figure 9.6:Three Different Ways of Getting to the Coca-Cola Homepage 11. Traffic Through Visibility Guidelines for Effective Domain Names Table 9.4 12. Traffic Through Visibility Traffic Builders: Portal Presence

  • Search engines and directories are common ways to find a companys web site
  • Problems
    • A single search often produces thousands of results
    • Less than 1 percent of Web pages show up in all four of the most popular search engines

13. Traffic Through Visibility Traffic Builders: Portal Presence

  • Search engines retrieve pages on the basis of keywords, meta-tags, page titles & other content
  • Secure a high ranking
    • Classify your site with proper keywords, descriptors and categories
    • Make sure important Web pages are listed with all major search engines
      • Multiple listing is important to ensure exposure, as each search engine will return a different set of results to a query
    • Work with directories (like Yahoo!) to make sure they properly locate your site

14. Headline Its usually possible to find current news on which search engines and directories drive the most traffic Publication & Date 15. Traffic Through Visibility

  • A specialized portal focuses on a specific industry
  • Special directories provide editorial control by industry experts, categorization schemes and the ability to reflect rapid change in a particular industry

The Emergence of Specialized Portals Example www. pikenet .com (real estate) 16. Traffic Through Visibility

  • Positive word of mouth and publicity motivate potential users into trial
  • Loyal users are the main source of positive word of mouth
  • Nonusers and disgruntled consumers are more likely to provide negative comments

Electronic Word of Mouth and Diffusion Figure 9.9 Influences on Trial 17. Traffic Through Visibility

  • E-mail among friends and biz acquaintances
  • Usenet groups
  • E-mail listservs
  • AOL and other online forums
  • Industry portal discussion areas
  • Online and traditional media coverage of the Net

Net Word-of-Mouth Technologies The Net amplifies the power and accelerates the speed of user feedback 18. Traffic Through Visibility

  • Opinion leaders are well-respected industry participants journalists, or lead users known for expertise
  • Reaching opinion leaders is a key success factor of an e-commerce strategy
  • Opinion leaders can be reached via e-mail and social networks

Opinion Leaders Online 19. Traffic Through Visibility URL Placement

  • Integrate your domain name wherever possible
    • Manuals, warranties, software programs
    • Familiar advertising settings
      • Billboards, buses, bills, company brochures, radio advertisements, public speeches, menus in restaurants, park benches, shopping bags
  • To track which medium is driving traffic
    • Use unique identifiers
    • Use different Web addresses with different media messages

20. Paying for Traffic

  • Banner ads are the dominant form of online advertising
    • Clickable graphic images that take a user to another Web location
  • Pricing is usually based on the number of impressions
    • Negotiated prices, volume discounts, and barter arrangements are common
    • Each banner also carries a unique identifier
      • This allows a business to track the effectiveness of each placement in generating traffic

Interactive Advertising 21. Paying for Traffic Online Advertising Effectiveness From Visits to Purchases 0.02 0.98 Pool of Impressions 0.95 0.05 Pool of Visitors From Impressions to Clicks Fig. 9.13 The Declining Number of Viewers at Each Step of an Advertising Chain 22. Paying for Traffic Online Advertising Effectiveness

  • Online ad banners are simple to create and implement
    • Experimentation is cheap and easy
  • Click-through rates are fairly low
  • Higher click-through rates associated with :
    • Bold colors
    • Top-of-page placement
    • Animation
    • Call to action
    • Limited frequency of exposure

23. Paying for Traffic

  • Banner click-through rates are often as low as 2 percent
  • This reduces the effect of online brand building
  • Many feel that branding still requires the power and imagery of television and radio until users have better technology

Brand Building with Banner Ads 24. Paying for Traffic

  • Paid advertising may be necessary to create the initial visibility to search engines
  • Several of the search engines use external links to traffic to determine a sites indexing frequency and placement in result lists
  • Advertising reinforces the effectiveness of free media
  • Initial studies indicate that banner ads can help build brand awareness
  • Even with no click-through, banners can trigger post-exposure visits to sites

Brand Building with Banner Ads 25. Paying for Traffic

  • Some sites generate sufficient traffic with other measures
  • If a business has a regional market, its best to avoid online advertising on sites with national or international scope
  • Regional sites, however, may be a great opportunity for online advertising
    • CitySearch, SideWalk, JustGo, Yahoo!

Online Advertising May Not Fit All Companies 26. Evaluating Traffic Sources

  • Measurable sources of