Lessons in e-commerce marketing
What may work next? …
Mannix Pabalan@mannixbphashtag digital, inc.http://www.hashtagdigital.ph
4th e-Commerce Summit 2013Cebu City
CONNECT | ENGAGE | TRACK
Your Fu l l Assau l t D ig i ta l Marke t ing Pa r tne r
The nagging questions!
• What were the lessons from the past?• How do we compete/position in the internet business?• Can we even get a share of the audience “they” enjoy?• Can we keep up to the online and digital savvy
expectations?
Remember: there is always a room in the web for a new and intuitive offer …
1st stop … how do we want to be known
research and analysis is the kick start!
• What they have … • Account for their weak points …
Define …
Outbound vs. Inbound Marketing
OUTBOUND (Push) INBOUND (Pull)Telemarketing Search Marketing
Trade Shows Blogging
Direct Mail Social Media
Email Blasts RSS/Content Syndication
Print Ads / Press Releases Articles, Ebooks, White Papers
Television / Radio Videos / Presentations
Inbound Marketing is desired, impactful,
targeted, and extremely cost
effective.
WHAT WORKED???
65% of CMOs stated that in the current economic climate, it is easier to secure organizational “buy in” on new media/social media programs than it was one year ago.
Business Wire survey of 81 chief marketing officers and senior marketing professionals directly responsible for managing their digital agency as well as their organization’s digital marketing budget
New media/social media channels are becoming more critical
77% stated they will take on a greater focus in their overall interactive strategy“Business Wire survey of 81 chief marketing officers and senior marketing professionals directly responsible for managing their digital agency as well as their organization’s digital marketing budget.”
TAKE AWAY LESSONS …
Online marketing is very powerful to push for revenue!
Caution:
• Closely watch for your spend• Campaign structure• Targeting (keywords for SEM/ Audience for display)• Cost Income Ratio (CIR)• Cost Per Order (CPO)• Revenue
22%
41%
37%
% Share on transaction by channel
Search Engine MarketingDisplay AdsEmail Marketing
29%
56%
15%
Bounce Rate by channel
Search Engine MarketingDisplay AdsEmail Marketing
FIND a way to Balance and get optimized …
Image Ads•Retargeting •Banner placement•Facebook ads
Content Marketing is CRITICAL
What is Social Media Marketing?Face to Face networking or Word-of-Mouth Marketing in a virtual world
What Social Media can do for you?
Online confidence build -up
BRAND ADVOCATE
Social Media Process
Listening Measuring Engaging
Social Media in B2B and B2C
Source: HubSpot State of Inbound Marketing Report
Social Media: Quick Facts• 49% of social media (SM) users log on daily• 31% agree SM is more credible than ads• 61% research purchases with SM• 36% use SM for purchasing decisions• 40% are talking and learning from specific orgs• 25% of users “feel better” about companies using SM• 89% of users use SM more/same as last year
Source: CNW Group and Leger Marketing
REMEMBER! Web Customer expectations will get “worst” …
• Just meeting expectations will become unacceptable• Alternative to YOU is just a click away. • As Search Engines help you get visitors, it also helps
the visitor get alternatives.
Vis i t us a t www.hash tagd ig i ta l . ph
facebook .com/hash tagd ig i ta l i n c @hd ig i ta l i n c
Mannix Pabalan@mannixbp