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Copyright © 2008 GoMobo Recession Marketing What Every Restaurant Marketer Must Know by 2009 Noah N. Glass GoMobo Founder & CEO

Recession Marketing - What Every Restaurant Marketer Must Know By 2009

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GoMobo Founder & CEO Noah N. Glass presents to marketing leaders of the restaurants industry about the benefits of online ordering, email marketing, online loyalty, social media, and data analysis. Key Point: Today, 41% of media consumption takes place online. Restaurant marketers must shift advertising dollars from traditional media to new media to keep up.

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Page 1: Recession Marketing - What Every Restaurant Marketer Must Know By 2009

Copyright © 2008 GoMobo

Recession MarketingWhat Every Restaurant Marketer Must Know by 2009

Noah N. GlassGoMobo Founder & CEO

Page 2: Recession Marketing - What Every Restaurant Marketer Must Know By 2009

Copyright © 2008 GoMobo

What’s Coming in 2009?

Economic recession

• Tighter marketing budget; scrutiny from CFO

• An opportunity for marketing to be the hero

*Source: Epsilon, “Epsilon CMO Survey,” September, 2008.

94% of CMOs believe that “a tough economic period is precisely the time when marketing plays a key role.”*

Page 3: Recession Marketing - What Every Restaurant Marketer Must Know By 2009

Copyright © 2008 GoMobo

The CFO World View

ROI!

Page 4: Recession Marketing - What Every Restaurant Marketer Must Know By 2009

Copyright © 2008 GoMobo

Traditional vs. New Media

Traditional Media

TV, radio, print

New Media

Online, mobile

Targeted? Trackable?

No No

Yes Yes

Page 5: Recession Marketing - What Every Restaurant Marketer Must Know By 2009

Copyright © 2008 GoMoboSource: Time analysis from “Media Consumption Patterns” JupiterResearch (May 2007); Advertising spend from Universal McCann (June 2007) and eMarketer “US Online Overview” (Oct 2007); Google internal estimates

Your Advertising BudgetAvg Media Consumption

Online 41%

34 hours per week

What % of ad budget is online?

Close the Gap

The Opportunity

Where the Customers Are

Page 6: Recession Marketing - What Every Restaurant Marketer Must Know By 2009

Copyright © 2008 GoMobo

Imagine Your POS Everywhere

Page 7: Recession Marketing - What Every Restaurant Marketer Must Know By 2009

Copyright © 2008 GoMobo

Your Website

Browsing or buying?

$NO BUYING

Page 8: Recession Marketing - What Every Restaurant Marketer Must Know By 2009

Copyright © 2008 GoMobo

Action-Oriented Ads

Page 9: Recession Marketing - What Every Restaurant Marketer Must Know By 2009

Copyright © 2008 GoMobo

Online Ordering Stats

20%new customers*

15-20% $ lift over phone orders**

Sources: *http://www.hughes.com/HUGHES/Rooms/DisplayPages/LayoutInitial?Container=com.webridge.entity.Entity[OID[754DACFA83D9CB4D85FE2DD20F6E820F]]) ** http://www.pmq.com/mag/20070607/heaven.php

Page 10: Recession Marketing - What Every Restaurant Marketer Must Know By 2009

Copyright © 2008 GoMobo

Get Their Permission

Email Marketing

• Targeted deals

• Restaurant news

• Surveys

Text Message Marketing

In a recent trial at 400 SUBWAY® restaurants, text coupons received an 8.7% response rate – as compared to 1-2% for free-standing ads.*

Source: Jamie Hatford. Texting Success. QSR Magazine.com. (March 2007)

Page 11: Recession Marketing - What Every Restaurant Marketer Must Know By 2009

Copyright © 2008 GoMobo

Reward Your 20

1

4

2

5

3

FREE!

80/20 Rule

60% choose restaurants with loyalty programs*

Stealth mode: Surprise and delightSource: www.chockstone.com/markets/restaurants

Page 12: Recession Marketing - What Every Restaurant Marketer Must Know By 2009

Copyright © 2008 GoMobo

Fans, Friends, and Followers

Engage:

Analyze:

Page 13: Recession Marketing - What Every Restaurant Marketer Must Know By 2009

Copyright © 2008 GoMobo

About GoMobo®

• Mobile and online ordering

• Text message and email marketing

• Digital loyalty

• Local online advertising

• Social media

• Data analysis

ComprehensiveSolution

Page 14: Recession Marketing - What Every Restaurant Marketer Must Know By 2009

Copyright © 2008 GoMobo

Page 15: Recession Marketing - What Every Restaurant Marketer Must Know By 2009

Copyright © 2008 GoMobo

Q&A

We’ll email you an on-demand copy of this presentation

Questions?

Call GoMobo at 646 723 4333or email [email protected]