MKTG 409 Chapter 10
omni-channel
Various marketing channels, including mobile, desktop, or traditional retail spaces, providing seamless customer experiences
What is Brad Hays definition of digital marketing?
"The union of content and technology guided by carefully aggregated and thoroughly analyzed data"
Content marketing
"owned" media - drives awareness, SEM results, purchases
What is a paid search results?
(pay per click) indication with an "ad"
Social media marketing trends?
- Ephemeral content - continued rise of influencer - continued rise of augmented reality
website marketing trends?
- Less clutter - Dark Mode - Mixing illustration with realism - Artistic illustration
what are the components of voice for the guest speaker?
1. Awareness 2. Memorable 3. Affinity
What are some recent mobile trends?
1. Mobile shopping 2. Location-based services 3. Augmented Reality 4. Wearables
What are the two major trends that have caused consumer-generated information to gain importance?
1. The increased tendency of consumers to publish their own thoughts, opinions, reviews, and product discussions through blogs or digital media. 2. Consumers' tendencies to trust other consumers over corporations. Consumers often rely on the recommendations of friends, family, and fellow consumers when making purchasing decisions.
how is a brand broken up into?
1. Voice 2. Look 3. Feel
Guest speakers: A&M marketers What are the questions they usually answer
1. What is your product 2. Who is your audience 3. How are you different?
According to Michael Bierut, what are the 3 types of logos?
1. Wordmark 2. Pictoral 3. Iconorgraphy
What is the trend of email marketing?
65% of consumer will purchase after a well-thought out email ad
What is mobile's share of digital minutes?
75%
social network
A website where users can create a profile and interact with other users, post information, and engage in other forms of web-based communication
What is the major disadvantage of blogs?
Blogs give consumers control, sometimes more control than companies would like. Whether or not the blog's content is factually accurate, bloggers can post whatever opinions they like about a company or its products
What are organic search results?
Appear based on relevence, not paid, doesn't mean not a business issue
Podcasts
Audio or video files that can be downloaded from the internet with a subscription that automatically delivers new content to listening devices or personal computers
How does digital marketing affect pricing considerations?
Digital media marketing facilitates both price and nonprice competition, because internet marketing gives consumers access to more information about products and prices. As consumers become more informed about their options, the demand for low-priced products has grown
Digital media
Electronic media that function using digital codes—media available via computers, cellular phones, smartphones, and other digital devices that have been released in recent years
What are the advantages of wikis?
However, some companies have begun to use wikis as internal tools for teams working on a project requiring lots of documentation. Additionally, monitoring wikis provides companies with a better idea of how consumers feel about the company brand.
How has digital marketing affect product considerations?
However, with larger companies now launching their own extensive campaigns, and with the constant increase of sophistication of digital technology, many businesses are finding it necessary to continually upgrade their product offerings to meet consumer needs
What is owned media?
In addition to placing ads, marketers can own their own media outlets and create messages on social networks. Most firms have owned websites but can also develop websites through such social networking services as Facebook and LinkedIn
What is beacon technology?
Increasingly, companies are taking advantage of beacon technology to target and communicate with app users based on their location
Location-based networks
Location-based networks are built for mobile devices. One of the most popular location-based networks is Foursquare, which lets users check in and share their location with others. It introduced a new advertising network called Pinpoint specifically for marketers
What are the advantages of blogs?
Many businesses use blogs to their advantage. Rather than trying to eliminate blogs that cast their companies in a negative light, some marketers are using such blogs to answer consumer concerns or defend their corporate reputations
Are metrics for digital marketing quantitative or qualitative?
Metrics can be quantitative or qualitative. For example, click-through rate (CTR) determines the percentage of consumers who clicked on a link on a site as a quantitative measure. In addition, a qualitative metric could relate how consumers feel about a product
Mobile advertisements
Mobile advertisements are visual advertisements that appear on mobile devices. Companies might choose to advertise through search engines, websites, or games accessed on mobile devices. Mobile accounts for over half of digital advertising spending
Mobile websites
Mobile websites are websites designed for mobile devices. Over 50 percent of e-commerce website traffic now comes through mobile devices
Multimedia messages
Multimedia messaging (MMS) takes SMS messaging a step further by allowing companies to send video, audio, photos, and other types of media over mobile devices. The MMS market is estimated to be a $20 billion market. Approximately 98 percent of all U.S. cell phones can receive MMS
What is user-generated content?
User-generated content relates to consumers that create, converse, rate, collect, join, or simply read online materials. For example, when a consumer posts a selfie on Instagram with a Mountain Dew in hand, this is user-generated content
What is "native advertising"?
Resembles a publication's editorial content but is paid for by an advertiser and intended to promote
SMS messages
SMS messages are single text messages of 160 characters or less. SMS messages can be used to send coupons to prospective customers
What is SEM?
Search engine marketing Promoting websites by increasing their visibility in search engine results pages
What is SEO?
Search engine optimization
Blogs
Short for "weblogs," these are web-based journals in which writers editorialize and interact with other internet users
Widgets
Small bits of software on a website, desktop, or mobile device that perform a simple task, such as providing stock quotes or blog updates
Mobile applications Mobile applications
Software programs that run on mobile devices and give users access to certain content
What is connectivity?
The ability for consumers to be connected with marketers along with other consumers
What is accessibility?
The ability for marketers to obtain digital information
What is interactivity?
The ability of customers to express their needs and wants directly to the firm in response to its marketing communications
What is addressability?
The ability of the marketer to identify customers before they make a purchase
How has digital marketing affected distribution considerations?
The ability to process orders electronically and increase the speed of communications via the internet reduces inefficiencies, costs, and redundancies while increasing speed throughout the marketing channel
What is control?
The customer's ability to regulate the information they view as well as the rate and exposure to that information
Why is the internet sometimes referred to as a pull medium?
The internet is sometimes referred to as a pull medium because users determine which websites they are going to view; the marketer has only limited ability to control the content to which users are exposed, and in what sequence
What is the 4th type of logo?
The logo system
e-marketing (electronic marketing or e-marketing)
The strategic process of distributing, promoting, and pricing products, and discovering the desires of customers using digital media and digital marketing
What is a Brand Badge"?
To receive the digital badge and retain membership privileges, users must participate in activities dictated by the brand, such as writing a review on a blog, posting a photo on Instagram, or uploading video using the products on YouTube
What is paid media?
Traditional paid media includes traditional print and broadcast but is now joined by paid advertising on social networks such as Facebook and Twitter
wiki
Type of software that creates an interface that enables users to add to or edit the content of some types of websites
What are the disadvantages of wikis?
Wikis on controversial companies like Walmart and Nike often contain negative publicity about the companies
What are some of the characteristics that distinguish online media from traditional marketing?
addressability, interactivity, accessibility, connectivity, and control
What is earned media?
markets can have earned media when consumers are communicating on social media sites. These digital word-of-mouth posts or interactions can promote a product or firm.
What is a "Webroom"?
showrooms only, meaning customers can touch and feel the products, but all orders are placed online, saving the company money in distribution costs and real estate costs associated with large storefronts
What is one of the biggest mistakes a marketer can make when engaging in digital marketing?
to treat it like a traditional marketing channel