Digital Identity of Your Business Locations

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WEBINAR: A New Marketing Asset: The Digital Identity of Your Business Locations DELIVERED BY Robert Blatt, CEO of MomentFeed July 15, 2014

description

Each of your physical locations has a digital identity that exists whether you manage it or not. All the content and engagement from your customers across social media and other channels combined with the data you have about your locations make up this identity. It's a new marketing asset. When consumers search locally for you brand, what are they finding? In this webinar Robert Blatt, CEO of MomentFeed, talks about how marketers should manage this asset and the tremendous value it provides.

Transcript of Digital Identity of Your Business Locations

WEBINAR:

A New Marketing Asset: The Digital Identity of Your Business Locations

DELIVERED BY

Robert Blatt, CEO of MomentFeedJuly 15, 2014

Overview

Robert BlattCEO of MomentFeed

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Authenticity Matters• Why Facebook Likes Don’t Matter Anymore

• New Marketing Asset: The Digital Identity of Your Business Locations

• The Year of the Instagram Strategy - How Marketers Should Approach the Instagram Channel

• How Mobile is Revolutionizing Shopper Marketing

• Managing Social Media for Franchises - Maintaining Brand Integrity While Empowering Franchisees

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See how Mobile has changed our world

What are the opportunities and challenges?

What should I be doing about it?

Local Search = Purchase Intent

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% of consumers who visit a store within a day of their local search

50% 34%

Smartphone Computer/Tablet

Local Search Leads to Sales

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18% of local searches lead to sales (compared to 7% for non-local searches)

18% 7%

Local Searches Non-local Searches

What Are They Searching For?

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Consumers search for a variety of local information via smartphone

54% 53%

Business Hours Directions to a Local Store

50%

Local Store Address

This Has Happened Before

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Mass consumer adoption drives business response

Mobile ?Internet WebsiteSocial Media Social

Presence

But almost never this fast.The only technology that moved as quickly to the U.S. mainstream was television between 1950 and

1953.

Discovering You

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Locations

Photos

Reviews

Interacting on Social Media

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Address

Reviews

Italian Restaurant

Searching for You on Your Website

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Phone Number

Manager Hours

Creating Things About You

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Lots of Unorganized Information

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Hours Phone Number Address

Revenue Foot Traffic Demographics Manager

Creating a New Marketing Asset

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• Unique for every location

• Comprised of the information and content that defines the community surrounding it

• Determines what consumers find when doing local business searches

Digital Place Identity (DPI)

What are the opportunities and

challenges?

Affects Your Entire Organization

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Local SearchShopper Marketing

Social MediaCustomer

Experience

Advertising

Local Search

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Actual Store Location

Google’s Pin Competitor

Local Search

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Social Media

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UnbrandedPage

Missed Engagement

Duplicate Page

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vs.

Brand Marketing Local Marketing

Advertising

Advertising

Scalable Localized Marketing

Advertising

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More than 60%

of people say they use the local information found in an ad

users want ads customized to their city

72% 67%

smartphone 67%computer/tablet

Customer Experience

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say an online review is equally as important as a personal recommendation

of consumerssay online reviews impact buying decisions

90%

Shoppers who read brand responses that offer to refund, upgrade, or exchange products are 92% more likely to purchase

9/10

Facebook

Yelp

Shopper Marketing

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Shopper Marketing

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Hello Dallas! Your local 7-Eleven at 4104 Gaston Ave (at Haskell) has a buy-one-get-one-free offer on Pepsi Next 12-packs. Get the offer now!

7-Eleven - Dallas

Offer

Coupon

Expires Jun 7

Potential to A/B test offer details and

creative to optimize response rates

Optional barcode or QR code can be included in the

offer and scanned at the POS

Timely mobile delivery increases chances consumers can respond immediately

8-10% click-through rates

You Can Own the Mobile Consumer

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By harnessing this new marketing assetAcross your company

Local SearchShopper Marketing

Social MediaCustomer

Experience

Advertising

What Can I Do?

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1. Understand the scope of your problem

Venues Total Total as %

Total Locations 241 100

Foursquare Duplicates 31 13%

Facebook Duplicates 260 108%

Foursquare Inaccuracies 152 63%

Facebook Inaccuracies 161 67%

Google Inaccuracies 101 42%

Total Inaccuracies 705

Metric Historic Total

Facebook Check-ins 33,671

Facebook Likes 6,846

Foursquare Check-ins 107,713

Foursquare Tips 719

Foursquare Photos 964

Instagram Photos 14,251

What Can I Do?

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2. Link to your corporate initiatives

What Can I Do?

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3. Address the biggest platforms first

What Can I Do?

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4. Have a longterm view, but be willing to experiment and learn

What Can I Do?

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4. Have a longterm view, but be willing to experiment and learn

• Allows you to meet the expectations of the mobile consumer

• The Digital Place Identity is a new marketing asset that delivers value across your company

• MomentFeed harnesses this new asset, delivering localized marketing at scale

MomentFeed

The MomentFeed Platform

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Your Success is Our Success

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A dedicated Account Manager providing unlimited on-demand support and training at no additional

cost

Weekly and monthly reporting on core KPIs plus quarterly business reviews of your marketing goals

Questions?

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• Understand the business value of Instagram

• Leverage Instagram for localized marketing

• Explore Instagram ads and the “brand selfie”

• See case studies from other innovative brands

• Get quantifiable business results with Instagram

NEXT WEBINAR:

The Year of the Instagram Strategy:How Marketers Should Approach the Instagram Channel Tuesday, August 12 at 10AM PST