The Future Of Digital Marketing: Brand Communities

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Digital Marketing Webinar The Future Of Digital Marketing July 11, 2014 | Abhishek Rai (Founder, Shak Co.) www.digitalvidya.com

Transcript of The Future Of Digital Marketing: Brand Communities

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Digital Marketing Webinar The Future Of Digital Marketing

July 11, 2014 | Abhishek Rai (Founder, Shak Co.)

www.digitalvidya.com

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Abhishek Rai • 11 July 2014

The Future of Digital Marketing

New Media & Research Firm

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So, What’s the Future

of Digital Marketing?

Image source: nadinetarotreiki.files.wordpress

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Image source: images4.fanpop

Is it?

BIG DATA?

ARTIFICIAL

INTELLIGENCE?

INTUITION?

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The Answer Comes from

Image source: blog.clicktale

Digging the

History of Web

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No. Not your Browser History.

Image source: lolsnaps

#&@!$

Censored

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Image source: blog.socialintent

Web 1.0 - Web 3.0

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Online Ads

DIGITAL MARKETING

Value of Users

Fixed Formula:

More Ads = More

Revenue

ALL ABOUT

EYE BALLS

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• DIGITAL BOMBIMG- Ads ( Display, Search, Social, Mobile) • CAMPAIGNS • CONTESTS • TARGET: 50,000 more likes on fan page

A Typical Digital Marketer’s Agenda

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Rented Audience &

Inconsistent Digital Marketing

WILL LIKE FOR CAMPAIGN ‘A’

WILL LIKE FOR CONTEST ‘B’

WILL LIKE FOR CAMPAIGN ‘F’

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Situation: Scattered Presence

You are here!

A brand’s typical online presence

Image source: boingboing

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Aftermath: An Unmanaged Community

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Two new likes

Headcount measures marketing success

Data goes down the drain

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The Point of Stagnation in Growth

Gro

wth

Time

1Mn Likes, 40K followers, 2L Impressions

Affinity?

Positioning?

Insights?

Loyalty & Advocacy?

Online Brand Community

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A Digital Ecosystem Grows Weak with:

1. Scattered Presence

Success on one platform

v/s abandoned presence

on others

2. Disjointed Audience

Rented or Unwanted

3. Low Engagement

Driven solely by incentives

BLOG

Active: 2 hours ago

Active: 7 days ago

Active: 45 days ago

50% OFF Prizes $$

PAY & GET

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E.g Premium Car Brands on Digital

We followed 3 Brands

for 3 months in 2012

No change in 2014

LET’S PLAY

SPOT THE

DIFFERENCE

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So I ask again, What’s the

Future of Digital Marketing?

When is the state of a Digital

Ecosystem not Weak?

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A Healthy Digital Ecosystem is

a group of engaged audience in constant touch with the

brand and each other, which is also

an Online Brand Community

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2 Things

Build Brand Communities

Organize, manage and grow them

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Examples

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Examples

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Examples: India

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Examples

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A strong community takes the brand

everywhere it goes. Not vice-versa.

Brand/Cause

Image source: freelists

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Leveraging the Online Brand

Community for Business Strategy

BRAND PEOPLE

CONTENT PLATFORM

Step I: Plan to build on five pillars

ENGAGEMENT

+ =

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Structure

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Structure

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Brand’s ecosystem online

Step 2: Manage all aspects of the community

PEOPLE

1

COMMON IDENTITY PLATFORMS

2 3

CONVERSATIONS

4

ACTION

5

ANALYTICS

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Customer

Journey

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Step 3: Monitor and get consumer insights

Analytics Dec Jan Feb Mar Apr May

Dec Jan Feb Mar Apr May

1

2

Dec Jan Feb Mar Apr May

Consumer engagement

Gauge consumer reaction and adjust tactics in real time

Trend Mapping

Identify new audience segments based on patterns and trends

4 Cross platform analysis in one place to optimize media mix

3 Track brand’s reconnect with consumers and the quality of engagement

Consumer engagement across multiple platforms

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Process to Build an Online

Brand Community

Identify and Collect

Qualitative and

Quantitative Data

Build a

Roadmap/Strategy and

Execute

Interpret and map for

actionable insights

Brand; Clear positioning

People; Target user/ customer

Common Identity; Emotional Connect

Conversations; Great content

Action; Conversions & participation

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A Brand’s High-level Goals from

the Online Community

Build Brand—

• Positioning: Choice of platforms/media

• Affinity: Ownership

• Loyalty: Support

• Advocacy: Word-of-mouth promotion

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Plan and Implement—

• Digital Strategy

• Campaigns

• Paid Media via ads

• Owned Media via Social

• Mobile Applications

How are these Goals met?

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Quantity:

• Number of fans, likes, comments

• Hits, impressions and search-ability

• Measure using different metrics for all

• List charts and keywords

What does Analytics Tell us?

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Analytics:

• Google analytics

• Facebook Insights

• Hootsuite/Sprout Social/Buffer

• Moz Analytics

• Salesforce and more…

How is the Success of

the Plan Measured?

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Plain numbers tell an incomplete

story unless broken down and

compared with brand objectives

Data v/s Story

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Platform Facebook Before After

No. of Fans 8K 10K

Evaluation

85%

10%

5%

Source of Likes

Facebook Ads

Newsletter Referral

Website

Likes v/s Unlikes

For every 5 likes, 3 Unlikes recorded

1200 unlikes in total Attrition rate

needs to be

reduced

Profiled New Fans. Sample Size: 100

8% are employees, 32% are contest hunters

Desired Audience needs to be

tapped

!

!

Data v/s Story

Analytics

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Audience + Presence + Engagement

Standardise and Structure Data Across

Zoom

ed in p

revie

w

Brand Community Framework: Our proprietary

method to audit and build brand communities

Our Method

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Steps How-to

Audit

Collect Relevant

Data

Checklists help in using data

from analytics for contextual

analysis

Assess

Draw Actionable

Insights

Compare goals,

objectives/benchmarks with

the actual data

Find gaps and opportunities

Plan

Digital Marketing

Strategy

Use insights to craft

concepts/messaging

Plan Campaigns / content or

Engagement strategy

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For a demo of the tool

tweet @vbuildcommunity

Thank you for Joining the Session

Q&A

[email protected]

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