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The Modern Marketing Tsunami

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Page 1 forwardm.com The Modern Marketing Tsunami By Tom King, Forward Marketing For The Houston Website Designer Seminars Monday, June 25, 2012
Transcript
Page 1: The Modern Marketing Tsunami

Page 1 forwardm.com

The Modern Marketing Tsunami By Tom King, Forward Marketing

For The Houston Website Designer Seminars

Monday, June 25, 2012

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The Modern Marketing Tsunami

Some universities have stopped distributing email accounts

in favor of iPads, eReaders, tablets.

What happens in Las Vegas stays on ... Facebook,

YouTube, Flickr, Twitter, Instagram, Pinterest, etc.

YouTube is the 2nd largest search engine in the world; in 5

minutes, 100+ hours of video will be uploaded to YouTube

Wikipedia has 15 million articles, 78% are non-English

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The Modern Marketing Tsunami

Percentage of buyers that conduct online

research before buying a product or service

88%

Source: Pew Research, Google “Zero Moment of Truth”

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The Modern Marketing Tsunami

30% of how you rank is new content; 70% is links

Forbes: 80% of today's Fortune 500s won't exist in 10 yrs.

eBooks outsold Paper books

96% of largest newspapers experiencing record declines

Texas A&M Marketing Department offers 34 courses …

only 1 of which covers the Internet

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The Modern Marketing Tsunami

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The Modern Marketing Tsunami

There are over 200 million blogs

25% of Top 20 largest brands connect to user content; 34%

of bloggers post about products and brands

WordPress is the number one platform for running the Top

10% of websites … such as Social.Ford.com.

78% of consumers trust peer recommendations; only 14%

trust ads

Only 18% of TV campaigns generate ROI; 90% of people

skip ads via TiVo or DVR

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The Modern Marketing Tsunami

We no longer search for news, products or services … they

find us on mobile, Facebook, iTunes, enthusiast sites, etc.

Word of Mouth is now World of Mouth

Social Media isn't a fad, but a fundamental shift in the way

we communicate. The ROI on Social Media is that your

company will still exist in 5 years.

Social Media is like the Alaska Pipeline. It is the distribution

mechanism. But the important thing is what is being

distributed … oil, content

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The Modern Marketing Tsunami

Mobile adoption is occurring at a faster rate than social

media marketing, the Internet, the iPod, radio or TV

Over half of all web pages by mid 2013 will be consumed

on mobile devices?

What percentage of your marketing budget address

mobile?

Are you optimizing face-to-face for mobile contact?

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Leading Strategies

Google’s “Zero Moment of Truth” is now the leading

marketing theory on buying behavior and decision making

for both B2B and B2C? Who owns ZMOT in your

company?

Coca-Cola started from scratch in 2011 with their “Content

2020 Initiative” with two public videos of their internal

private strategies. Has your marketing team talked to you

about C2020I or ZMOT?

The free ZMOT white paper and 2 C2020I videos are the

two most impactful strategies I’ve experienced in a decade.

See tomking.com to access all this.

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Content & Links Are “King”

30% of ranking is content

70% of ranking is back links

50% of consumption is mobile

4 of 5 prefer peer reviews and

interaction over ads

Customers control most of the

conversation (ZMOT, C2020I)

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1. Keyword Research

2. Brand Management

3. Website Design & Maintenance

4. Webstores & Secure Transactions

5. Graphical Design

6. Content Production (see contentmarketingplaybook.com for 40+ types)

7. Social Media Marketing (aka, Content Distribution)

8. Mobile Marketing & App Development

9. Website Analytics

10.Search Engine Marketing (SEO/PPC)

11.Email Marketing

12.Modern IT (Google Apps, mobile devices, video/cameras, distribution, etc.)

13.Traditional Marketing (radio, tv, print, billboard, magazine, direct, research)

Perhaps 75-92% of decision making is occurring in Disciplines 1 – 12 for your

industry. Are you staffed accordingly? Do your strategies reflect this balance?

Modern Marketing Disciplines

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• The best content comes from within and at the top

• Leaders set the tone for the importance of embracing Content Marketing

• Marketing team must have technologist at the core and top

• 1/3 of your team must be retrained, 1/3 replaced, 1/3 “in probation”

• Require certifications on job openings and to be earned with existing employees

• Marketing degrees are worthless; certifications clarify capabilities; projects clarify

judgment and experience

• Create a “farm team”; aggressive internship programs are vital

• If you can’t measure it, don’t do it

• Set up means for your customers to tell you how they want to communicate

• Bring in “transparent” external experts to teach while providing the services

It Starts with Your Company’s Culture

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Reorder Priorities; Retool Team

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Bringing It All Together

• The Present and Future of Modern Marketing is user-empowered content

marketing optimized for audience location (i.e., mobile) that constantly

measures the ROI and improves the content.

• Companies need a “Modern Marketing Initiative” which evaluates everything

– Q: “what biz are we in”

– Q: “do we have the right brand”

– Q: “who are our audiences and where are they making decisions?

– Q: “are we measuring all marketing activities for ROI”?

– Q: “are our IT technologist more qualified for marketing than our marketing team”?

• Modern Marketing will fail unless there are massive rewards and severe

penalties based on the ROI measured against strategic objectives

• Focus on following your audience(s) rather than asking “Do I need to be on

Facebook”

• You likely only have 10% or less qualified marketers and perhaps

• You likely lack someone with at least have the disciplines to lead the team

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• Modern Marketing Strategists & Content Marketing Specialists

• Founders of the Houston Internet Marketing Forum

• Houston Website Designer Forum leader - at the Art Institute of Houston

• Active participating company with UH’s Bauer School of Business

• For more information, visit ForwardM.com or contact

• See tomking.com for more info …

Tom King, President

Forward Marketing

713-449-2000

[email protected]

About Forward Marketing

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For More Information, Contact:

Tom King, President

Forward Marketing

[email protected]

713-449-2000


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