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IDM Certificate in Digital Marketing Tackling your case study

IDM Assignment revision certificate Nov '11

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Page 1: IDM Assignment revision certificate Nov '11

IDM Certificate in Digital Marketing

Tackling your case study

Page 2: IDM Assignment revision certificate Nov '11

Purpose of case assignments

• “Learning through doing”

• Your opportunity to apply theory into practice

• To assess whether you can demonstrate best

practice and the ability to deliver commercial valuepractice and the ability to deliver commercial value

• To show you can build a budget

• Cases are about formulating realistic solutions to a

client brief

Page 3: IDM Assignment revision certificate Nov '11

Assessing your skills in�

• Explaining concepts and theory we have covered

– To test your understanding and ability to persuade

– Do need to reference sources (unlike the real world)

• Applying theory and concepts

– Selecting relevant models and frameworks to help solve

a real business problem

• Justifying investment

– Effectively a sales proposal or pitch or internal

justification

Page 4: IDM Assignment revision certificate Nov '11

A case study

• )describes a situation, but does not analyse or

evaluate

• So, you need to do a SWOT analysis• So, you need to do a SWOT analysis

• Identify the key issues

Page 5: IDM Assignment revision certificate Nov '11

It’s a Real-Life Situation

• Prepare a report for a management team

• We restrict your word count – managers don’t

read much!

• Helps you to prioritise your thoughts • Helps you to prioritise your thoughts

• No fixed template – use your own creativity

Page 6: IDM Assignment revision certificate Nov '11

How do we know you’ve passed?

Would the Management Team think their

money is safe in your hands?money is safe in your hands?

Page 7: IDM Assignment revision certificate Nov '11

Assumptions...

• Tell the examiner what they are – they don’t

mind reading!

• They will take these into account when

assessing your answer

Page 8: IDM Assignment revision certificate Nov '11

Do not�

• Use humour – your examiner (me!) may not

understand!

Page 9: IDM Assignment revision certificate Nov '11

Measurement

Site centric

Log-file analysis

(server-based)

Page-tagging

(browser-based)

Audience

based

Panel-based

e.g. Netratings

Comscore

Alexa.com

ISP Aggregators

(Hitwise)

E-communications

centric

E-mail

Search

Affiliates

PR

+ Offline

campaign

tracking

Attitudinal

Surveys

Focus groups

Mystery Shoppers

Online ads

Auditing

ABCe

Digital marketing

measurement

(browser based)

Technical

Performance

Page download

Process

responsiveness

Availability

Outcome-

based

Registrations

Leads

Sales

Mystery Shoppers

User

profiling

Form data capture

Click response

Purchase response

Inbound

enquiriesOn site search

Inbound e-mails

+ Offline

outcomes

Page 10: IDM Assignment revision certificate Nov '11

Key Areas to Consider

They are also critical for your day job!

Page 11: IDM Assignment revision certificate Nov '11

The BIG Picture

• What do all the terms mean?

• How do they all fit together?

Page 12: IDM Assignment revision certificate Nov '11

Source: E-consultancy (2005) report ‘Managing an E-commerce team’ Author: Dave Chaffey

Page 13: IDM Assignment revision certificate Nov '11

Situation Analysis

• Where are we now?

• What are our strengths and weaknesses?

• How about the marketplace and competitors?

Page 14: IDM Assignment revision certificate Nov '11

Situation Analysis

• SWOT, DEEPLIST analysis

• Main competitors

• Positioning and challenges• Positioning and challenges

• Customer characteristics and buyer behaviour

Page 15: IDM Assignment revision certificate Nov '11

The

Organisation

Strengths – S

1. Existing brand

2. Existing customer base

3. Existing distribution

Weaknesses – W

1. Brand perception

2. Intermediary use

3. Technology/skills

4. X-channel support

Opportunities – 0

1. Cross-selling

2. New markets

3. New services

4. Alliances/

SO Strategies

Leverage strengths to

maximise opportunities

= Attacking strategy

WO Strategies

Counter weaknesses

through exploiting

opportunities

= Build strengths for 4. Alliances/

Co-branding

= Attacking strategy = Build strengths for

attacking strategy

Threats – T

1. Customer choice

2. New entrants

3. New competitive

products

4. Channel conflicts

ST Strategies

Leverage strengths to

minimise threats

= Defensive strategy

WT Strategies

Counter weaknesses and

threats:

= Build strengths for

Defensive strategy

Page 16: IDM Assignment revision certificate Nov '11

DEEPLIST for macro-environment

• Demographic: percentage of each population online can be analysed in terms of age, household size and type, income, gender, ethnicity, employment status, work patterns mobility etc.

• Economics: taxation controls, monetary and competition policies, fiscal policies.

• Environment: country specific attitudes towards physical environmental issues, for example energy consumption, spatial distribution of populations.

• Political: power and influence of Government agencies and regulatory • Political: power and influence of Government agencies and regulatory bodies, public opinion, pressure groups, Internet governance.

• Legal: trading laws and restrictions, advertising standards and controls, taxation laws.

• Information: Availability of consumer / company data and information, access to this type of data and how it is used, information control.

• Social: needs and wants of target communities, extent of social exclusion, individual levels of trust and perceptions of security, social discrimination.

• Technology: Access to technology, innovation, adoption rates, applications of technology.

Page 17: IDM Assignment revision certificate Nov '11

Primary Research Secondary Research

Usability lab

Benchmarking

analysis

Split testing

Eyeball tracking

Online panels

Data capture

Jupiter

Forrester

ComScore

Alexa/Compete

MORI

Hitwise

Nielsen IAB

Acxiom

Google Trends

BlogPulse

Tracking Data

WebTrends

AtlasGoogle

Omniture

Campaign resultsINSIGHT!

Google Trends

Email Clickstream

Page 18: IDM Assignment revision certificate Nov '11
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Customer Insight: How do people

search on-line?

‘Tracker’Completing

“I want one”

‘Hunter’Researching

“That’s Interesting”

‘Explorer’

Browsing

“Surprise Me” “I want one”“That’s Interesting”“Surprise Me”

Directed goal-orientedUndirected, exploratory

Page 22: IDM Assignment revision certificate Nov '11

You are what you search

• Digital camera

• Digital SLR Canon Nikon

• Canon 400D• Canon 400D

• Canon 400D cheap price same day delivery

Page 23: IDM Assignment revision certificate Nov '11

Digital acquisition plan

• What tools will you be using

• How much will you spend

• What are the key metrics

• Present as a timeline

• Ensure mix is balanced to reduce risk

• Create a detailed budget...

Page 24: IDM Assignment revision certificate Nov '11

Acquisition

Natural Search

Paid search

Affiliate Marketing

Display Advertising

Viral Marketing

On-line PRSelect your On-line PR

RSS

Corporate Blogging

Social Media

Podcasting

Wiki’s

Select your

weapon...

Page 25: IDM Assignment revision certificate Nov '11

Acquisition – driving traffic

• Search – google, yahoo and MSN pages

• Affiliate – http://www.abestweb.com/

• Display – DoubleClick, Atlas IAB sites

• What are the big issues here?

Page 26: IDM Assignment revision certificate Nov '11

Start with one channel – search?

• How much can I pay per click?

• What is that spend per day?

• How many people will start a process?

• How many will finish?• How many will finish?

• What is the conversion rate?

• How much does it cost per outcome?

• Can I afford it?

Page 27: IDM Assignment revision certificate Nov '11

Here is the summary

Google

Cost per Click

Daily

Budget for

Search

Total

Clicks per

Day

Total

Visitors

Add

Product to

basket

Purchase

Product

Cost per

Sale

£ 0.20 £ 50.00 20% 50%

£ 0.20 £ 50.00 250 250 50 25 £ 2.00

Page 28: IDM Assignment revision certificate Nov '11

Now do it for each tool...

Page 29: IDM Assignment revision certificate Nov '11

Tuning the programme

• What will you work on to improve plan:

– Improving landing page/ web template effectiveness

– Follow-up e-mail contact strategies

– Integration with offline media (direct mail)

• What will you test

– Acquisition tools

– Search terms, lists

– Landing pages

– Email messaging

– Offers

Page 30: IDM Assignment revision certificate Nov '11

Acquisition – driving traffic• Search

– Paid versus natural?

– Conversion efficiency?

• Affiliate

– Attribution – Attribution

– Integration

– Brand bidding

– Cost of set-up and service levels

• Display

– Pricing models

– Targeting models

Page 31: IDM Assignment revision certificate Nov '11

Tracking and Measurement

• Attribution

• Weaknesses of web analytics

• Possible solutions

• Omniture, Web Trends, Analytics blogs

• Watch a few videos...

• http://www.youtube.com/watch?v=sMwQN43fwoQ

Page 32: IDM Assignment revision certificate Nov '11

And now the assignment itself�

(almost)