44

The Road to Economic Development Marketing Reinvention

Embed Size (px)

Citation preview

Page 1: The Road to Economic Development Marketing Reinvention
Page 2: The Road to Economic Development Marketing Reinvention
Page 3: The Road to Economic Development Marketing Reinvention
Page 4: The Road to Economic Development Marketing Reinvention
Page 5: The Road to Economic Development Marketing Reinvention
Page 6: The Road to Economic Development Marketing Reinvention

GUIDED BY SIMPLICITY

FEARLESS LEADERSHIP

FOCUS ON FEW PRODUCTS

Page 7: The Road to Economic Development Marketing Reinvention

GUIDED BY SIMPLICITY

Page 8: The Road to Economic Development Marketing Reinvention

FEARLESS LEADERSHIP

Page 9: The Road to Economic Development Marketing Reinvention

FEARLESS LEADERSHIP FOCUS ON FEW PRODUCTS

Page 10: The Road to Economic Development Marketing Reinvention

10

Page 11: The Road to Economic Development Marketing Reinvention

FEARLESS LEADERSHIP

Page 12: The Road to Economic Development Marketing Reinvention
Page 13: The Road to Economic Development Marketing Reinvention
Page 14: The Road to Economic Development Marketing Reinvention

Economic Developers are !SLOW TO ADOPT DIGITAL/ONLINE

Page 15: The Road to Economic Development Marketing Reinvention

15

DO YOU NEED AN ONLINE NETWORK?

•  The people connected to my staff, board, and supporters are critical to the success of my organization.

•  I spend a lot of time asking myself, colleagues, and others, “Who do you know, and how can I connect with them?”

•  I often know who I’m looking for but don’t always know how to find them quickly or efficiently.

YES

NO

YES

NO

YES

NO

Page 16: The Road to Economic Development Marketing Reinvention

WHAT DOES AN ONLINE NETWORK LOOK LIKE?

P

B

S

P Board Members

Community Partners

Prospects

Supporters of Your Brand T

Talent

Page 17: The Road to Economic Development Marketing Reinvention
Page 18: The Road to Economic Development Marketing Reinvention

Our Top 5 Social Platforms for Economic Development in 2016 can help you determine where you should focus your efforts for maximum exposure and reach.

1.  LinkedIn2.  Twitter3.  LinkedIn & Twitter ads4.  Facebook5.  YouTube, Vimeo, Instagram�

Page 19: The Road to Economic Development Marketing Reinvention
Page 20: The Road to Economic Development Marketing Reinvention
Page 21: The Road to Economic Development Marketing Reinvention
Page 22: The Road to Economic Development Marketing Reinvention

http://www.slideshare.net/Columbus2020/columbus-region-economic-update-2014-april

Page 23: The Road to Economic Development Marketing Reinvention

region2000dashboard.org

Page 24: The Road to Economic Development Marketing Reinvention

SAMPLE DIGITAL CAMPAIGN TRACKING FOR EDO (1 MONTH)

Page 25: The Road to Economic Development Marketing Reinvention

AUTOMOTIVE MARKETING CAMPAIGN name Domain

NumberofPageViews NumberofVisitors city state

LamarConsolidatedIndependentSchoolDistrict lcisd.org 1 1ROSENBERG TX

Nwmnsa nwmnsa.com 1 1

MitsubishiCorp mitsubishicorp.com 1 1Irving TX

SmedlyEnterprises taosnet.com 1 1Taos NM

NewEdgeNetworks newedgenetworks.com 7 6VANCOUVER WA

ACD.net acd.net 8 5Lansing MI

G&WDieselServiceInc gwdiesel.com 1 1MEMPHIS TN

Worldnet1 worldnet1.net 2 2

ArmaninoFoodsofDisUncUon,Inc. armaninofoods.com 1 1HAYWARD CA

GeneralMotors gm.com 4 3Detroit MI

BryanMunicipalUUliUes cityoZryan.net 1 1Bryan Ohio

GHXIndustrial,LLC ghxinc.com 1 1Houston TX

InsUtutoCostarricensedeElectricidad grupoice.com 1 1SanJosé

DukeUniversity duke.edu 1 1Durham NC

FordMotorCompany ford.com 1 1Dearborn MI

On-rampIndiana ori.net 1 1Noblesville Indiana

CentralStateUniversity centralstate.edu 1 1Wilberforce OH

Page 26: The Road to Economic Development Marketing Reinvention

The metrics that your EDO selects will drive the impact that you have on your community

The impact that you have on your community will affect the lives of your stakeholders, and prove the value of your EDO

Page 27: The Road to Economic Development Marketing Reinvention
Page 28: The Road to Economic Development Marketing Reinvention

Source: How High Performance Economic Development Creates Exceptional Communities (2015)

THE DIFFERENCE BETWEEN HIGH & LOW

Page 29: The Road to Economic Development Marketing Reinvention
Page 30: The Road to Economic Development Marketing Reinvention
Page 31: The Road to Economic Development Marketing Reinvention

WE ARE SETTING A BOLD COURSE

1)  Return our rate of job growth to be above national average

2) Job growth to meet or exceed peer competitor regions

3) Provide significant ROI for investors

15

Page 32: The Road to Economic Development Marketing Reinvention

A TOTAL INCREASE OF 100,000 NEW JOBS

2013 2018

100,000 new jobs

Margin of excellence

Projected regional job growth

25% Margin of Excellence

Page 33: The Road to Economic Development Marketing Reinvention
Page 34: The Road to Economic Development Marketing Reinvention
Page 35: The Road to Economic Development Marketing Reinvention

UNEMPLOYMENT RATE BY EDUCATION

FOR THE SHARE OF THE LABOR FORCE OVER 25

WITHOUT A 4-YEAR DEGREE

5.4% UNEMPLOYMENT RATE

2.5% UNEMPLOYMENT RATE

Source: U.S. Bureau of Labor Statistics (Current Population Survey)

FOR THE SHARE OF THE LABOR FORCE OVER 25

WITH A BACHELOR’S DEGREE +

Page 36: The Road to Economic Development Marketing Reinvention

If a city could provide this info and assist in it, they could attract Digital Nomads (DNs). Further, if a city had a dedicated concierge service for DNs that would be a huge draw. ‘We will help you find a place to live, work, secure visas, and even provide tourist information.'” - Jonathan Wagner, Co-founder 52stairs.com

Page 37: The Road to Economic Development Marketing Reinvention
Page 38: The Road to Economic Development Marketing Reinvention
Page 39: The Road to Economic Development Marketing Reinvention

THE BMW EFFECT

Page 40: The Road to Economic Development Marketing Reinvention

IT’S ALL ABOUT PERCEIVED VALUE

Page 41: The Road to Economic Development Marketing Reinvention

Branding is about changingperceptions

L O G O S A N D M A T E R I A L SA R E J U S T T H A T .

YOURBRAND ISMORE.

Page 42: The Road to Economic Development Marketing Reinvention
Page 43: The Road to Economic Development Marketing Reinvention
Page 44: The Road to Economic Development Marketing Reinvention