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Social Media… Join the Conversation
and Gain More Leads
March 3, 2011
A special thank you to:
Today’s Speakers
Barb PellowGroup DirectorInfoTrends
Anthony Sanzio
Group Director
Corporate & Brand Communications
Campbell Soup Company
Sharon Buntain
US Brand President
TISSOT, Swiss Watches
The Swatch Group, Ltd.
Moderator
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• All Channels On Barb Pellow
• Social Media and the Digital Anthony Sanzio
Marketing Taxonomy
• The Changing Marketing Sharon BuntainDemographic
• Recommendations and Conclusions
• Questions
Today’s Agenda
Reaching Consumers… It Used to be Easy!
Today’s Consumers are ALWAYS ON and Marketers Don’t Know Which Channels to Use!
• The total number of global Internet users surpassed two billion before the end of 2010
• More than half (1.2 billion) are citizens of developing countries
– In developed countries, 71% of households own a computer, and 65.6% have access to the Internet
Source: ITU, the information technologies and communication arm of the United Nations (UN)
Everyone is Connected!
• As of December 2010, Facebook had more than 500 million active users. 70% of users are outside of the United States. If Facebook were a country, it would be the world’s 3rd largest.
• LinkedIn had over 85 million members in 200 countries as of November 2010. A new member joins every second. About half of LinkedIn’s members are outside the United States.
• YouTube exceeds 2 billion views a day. This is nearly double the prime-time audience of all 3 major U.S. broadcast networks combined
• Twitter has over 106,000,000 registered users. 300,000 sign up per day. Twitter users are, in total, generating an average of 55 million tweets a day—that’s more than 600 tweets per second!
Social Media: Making Connections
• SMS has jumped from an estimated 1.8 trillion in 2007 to 6.1 trillion in 2010.
• At an average cost of seven cents per message, SMS traffic generates approximately $14,000 every second.
• The U.S. and the Philippines combined accounted for more than one-third of the total number of messages sent last year.
Source: ITU, the information technologies and communication arm of the United Nations (UN)
Texting Takes Off
A Focus on the Individual!
What percentage of your marketing campaigns fit into the following categories?
N = 466 Marketers
Source: Capturing the Cross-Media Direct Marketing Opportunity, InfoTrends, 2010
A Movement toward More Targeted Campaigns
It’s Personalization Plus Engagement
Real Time… At the Speed of NOW!
Which of the following media does your company use for marketing?
Multiple Responses Permitted
Electronic
N = 518
Source: Capturing the Cross-Media Direct Marketing Opportunity, InfoTrends, 2010
A Growing Number of Media Options
How many different types of media does your company use for a typical direct marketing campaign?
Mean = 3
N = 518Source: Capturing the Cross-Media Direct Marketing Opportunity, InfoTrends, 2010
Average Number of Media Types Used in a Direct Marketing Campaign
1%
5%
6%
7%
8%
21%
22%
25%
26%
27%
35%
39%
66%
0% 20% 40% 60% 80%
Other
Recommendation from agency
Following competitor
Past budget allocation
Internal skill sets
Ease of execution
Ease of tracking/measurement
Past campaign performance
Customer data availability
Nature of campaign (ret. vs. acq.)
Customer preference
Target audience
Cost
Percentage of Respondents
What are your top THREE considerations in deciding which media to use in marketing campaigns?
Multiple Responses Permitted
N = 518 MarketersSource: Capturing the Cross-Media Direct Marketing Opportunity, InfoTrends, 2010
Top Considerations in Media Decisions
• Marketers will spend $4 billion worldwide on Facebook in 2011, with $2.2 billion of that in the United States. During 2011, Facebook will receive 68% of all social network ad spending worldwide.
• Twitter is expected to attract $150 million in advertising this year and $250 million in 2012.
• Social games will start to make a dent too. Expenditures will reach $274 million worldwide this year and $417 million in 2012.
• Worldwide spending on social networks will reach almost $6 billion this year, amounting to $3.1 billion in the U.S. and $2.9 billion in international markets.
And the Winner Is…
Anthony Sanzio
Group Director, Corporate & Brand Communications
Campbell Soup Company
Social Media and the Digital Marketing Taxonomy
The Campbell Portfolio
• Founded in 1869
• Global Food and Beverage Manufacturer
– Simple meals, anchored in soup
– Baked snacks, anchored in Pepperidge Farm & Arnott’s
– Healthy beverages, anchored in V8
• Key Brands
– Campbell’s
– Pepperidge Farm and Arnott’s
– V8
• $8 Billion in Sales
About Campbell
• Classic matrix organization
• Business units & corporate functions
• Public Affairs
– Corporate Communications
– Brand Communications
• BU-funded and part of integrated marketing
– Wellness Communications
• BU-funded and part of integrated marketing
How We Operate
• Campbell uses a variety of media across brands– TV - :30 and :15s
– Radio
– Print: Recipe ads
– Out of home
– Digital & Mobile – Spend nearly doubled in last 4 years
Media Mix
Source: MECi
Social Media is a Tactic within Digital Marketing
What is Stickybits?StickyBits is a mobile application that allows users to affix videos, photos, text, or audio to any product that has a barcode.
How it worksA consumer can enter the Soup Scan Sweepstakes by uploading a photo of themselves holding one of the new can labels for a chance to win $500 in prize money.
A consumer can enter in one of two ways:1.Online/Facebook: Taking a digital picture of themselves holding a can with one of the new labels and uploading it to the Soup Scan Sweepstakes entry tab on the RW Condensed Facebook page 2.Mobile device: Downloading the Stickybits application and scanning one of the new can labels to upload a “bit,” in this case a photo of themselves holding one of the new cans. The bit then be uploaded via the mobile application to the Soup Scan Sweepstakes tab on the RW Condensed Facebook fan page.
Stickybits UPC Code Promotion Highlights New Condensed Labels, Offers Prices
• What’s Working
– Engagement
– Apps
– Mobile
• Challenges
– Measurement
– Organization Structure
What’s Working, What’s Not
Sharon Buntain
US Brand President for TISSOT, Swiss Watches
The Swatch Group, Ltd.
The Changing Marketing Demographic
Tissot – Innovators by Tradition
• Tissot was founded in 1853 and is currently active in 165 countries
• Member brand of the Swatch Group, the world’s largest watch company
• $6 billion in sales 2010, $1 billion operating profit
• Number of Employees
• The fascinating back story…
Company Background
• Business Model
• Distribution and Retail Model
• Why Tissot?
Product Offerings and Distribution Models
Old School Industry Example Today’s Example
National Print Campaign
Retail CatalogOutdoor
New Opportunities for Marketers
WHY? Print Example: Style Cards
WHY? Print Example: 2-Sided Style Cards
Tissot QR Code
Tissot AR TV
WHAT? Media that Engages
WHY? A Printed Image that Generates a CRM Database
WHY? Immediacy!Prompt User to Call/e-Mail Regarding a Specific Product
WHY? Virtual Business Cards
WHY? QR Codes
WHY? Education!Educate Consumers by Linking to Social Profiles/Blogs
WHY? Tracking!A Printed Image that Can TRACK RESULTS for Your Customers
WHERE?
WHERE? At Retail Using in-Counter Displays
WHERE?
• Integrated marketing, the 10 platforms:— Print? Direct Mail?
— Online? Mobile?
— Social Media? Viral recommendations?
— TV? Radio?
— OOH?
— Sponsorship activitation
Key Challenges
• It’s about growing databases/mailing lists
• It’s about creating content
• It’s about your clients tracking ROI on their marketing
spend
If you didn’t start in 2010, then 2011 is the answer!
Recommendations
In Conclusion…
• Marketers and service providers need to accept that the balance of power between buyer and seller has changed ... forever
• Economy, technological advancements, and cultural changes will continue to drive cross-media direct marketing opportunities
• Customer engagement and interactivity will be essential to marketers of all types…It is print, mobile, online, and social
• Campaigns need to communicate with customers and prospects through multiple channels
• Communications strategies need to create uniquely powerful opt-in preference driven databases to enhance future communications
Conclusions: It’s Time to Rethink Your Strategy!
• Embrace a “phased” cross-media adoption plan
• Select partners that expand your reach
• Start and end all marketing efforts with data
• Establish interactive communication with your customers
• Develop campaigns with measurement and multiple media types in mind
• Test and iterate, then scale for all new programs
It’s Time to Become an Integrated Cross-Media Marketer
“An ostrich with its head in the sand is just as blind to opportunity as
to disaster.”
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