Module 1 Student Lecture
Module 1 Student Lecture
• http://www.smartinsights.com/managing-digital-marketing/marketing-innovation/digital-marketing-trends-2016-2017/
Use of Big Data for customer insight and
predictive analytics
Marketing automation becoming more sophisticated (CRM,
behavioural email marketing and web personalisation)
Trends for 2018
• Social advertising to become more
transparent
• Voice search more widespread
• Augmented Reality more mainstream
• Amazon in the marketplace
• Digital video to go big and small
Social media trends for 2018
• Video will continue to grow in importance
– 200 million people use Instagram stories each month
• Ephemeral Content (short lived content) – taps into FOMO
• Chatbots making customer service faster and easier
• Shift to targeting Gen Z
• Personalised content
• Influencer Marketing
• Live Streaming and Video Content – by 2020 video will
make up 80% of consumer internet traffic
• Augmented reality will drive social strategy – face filters
WARC
Six major marketing trends
1. Strategy: Moment Marketing
2. Consumers: Generation Swipe
3. Media: The Digital backlash
4. Content: The Video Revolution
5. Data: Data-driven creativity
6. ROI: New thinking in attribution
1. Strategy: Moment Marketing
• Understanding the consumer Path to purchase
• Understanding getting the right message in
front for the right consumer – targeting,
location based targeting, understanding the
path to purchase
• Making purchase easy – on mobile, in store
• Timing, clutter and social implications and
media context
2. Consumers: Generation Swipe
• Purchasing power of Gen Z (under 18s)–
changing nature of purchasing habits
• Mobile is central to Gen Z Experience – how
they understand the communication process
• Online influencers
• http://www.huhmagazine.co.uk/9327/video-t
he-rising-power-of-social-media-influencers
3. Media: The Digital backlash
• Viewability and ad fraud becoming issues for
brands – lack of consistency and transparency
• What constitutes a viewable ad? 50% for 2
seconds??
• Ad blocking growing quickly – rise of Native
advertising??
4. Content: Video revolution
• Video ever increasing
• Programmatic video – getting the right
message to the right person
• Smartphone and tablet leading to increase
growth in video
Mobile will be the main platform for video
viewing
• http://www.zenithoptimedia.com/mobile-drive-19-8-increase-online-video-consumptio
n-2016/
5. Data driven creativity
• Data allows for better insights, behaviour
based segmentation, tailoring creative to
audiences, real time data feeds and testing
• Creative inspiration from those who buck the
trend
6. New thinking on attribution
• What is attribution – tying consumer
behaviour to specific touchpoints
• New data sources and a range of touchpoints
make attribution modelling more complex
The way brands are communicating to
consumers has changed
New Media Models
Source: http://www.onlinemarketinginstitute.org/blog/2013/11/integrating-paid-owned-earned-media/
Digital Strategy
Media Planning Toolkit: Digital Strategy
(Regan, 2014)
• At its best, digital strategy gives direction to the whole agency and
exploits all facets of the digital ecosystem alongside offline
channels.
• Digital strategists benefit from hands on experience with more than
just an intellectual understanding of platforms and practicalities:
they need to be able to explain how things work to clients.
• Digital strategy can lose value when it over-claims, proposes 'cool'
stuff that is ultimately irrelevant, is involved too late or isn't
integrated with other channels.
• Digital strategy may become less important as 'digital' becomes
more familiar and integrated into agency structures, but the
complexity of the field may continue to drive demand.
Components of a Digital Strategy
1. Online presence – website, social, advertising and links
2. Digital Marketing – promotion of business online
3. Selling online
4. Customer interaction – CRM?
5. Online security
6. Supplier interaction
7. Mobile based solutions
8. Efficiencies through technology
9. Cloud computing
Source: https://www.business.qld.gov.au/business/running/technology-for-business/digital-strategy/conducting-audit
First step in any strategy is asking
where are we now?
Digital Audit
• Firstly identify what the brand is trying to achieve by using digital media.
– Sales, awareness, engagement, customer service, capturing demand driven by
traditional
• The digital audit tells us how successful the brand is in achieving it’s online
goals.
• Identify the target audiences and analyse how well the company engages
with them digitally.
• Scrutinize the digital channels for appropriateness and ROI.
A Digital Audit can provide
• Insights into brand and competitor performance.
• Sentiment of the brand and its perception through
digital media.
• Content that performs.
• Keywords.
• Opportunities for growth both on/offline.
• Identifies potential gaps in market.
• Greater understanding of how the brand is
positioned in the digital world.
First steps in a Digital Audit
Consider the following…
• Facebook
• Open Site Explorer
– Domain authority and backlink analysis
• Mobile-Friendly test
– Determines if website is mobile friendly
• Google Trends
– Identifies trends in search volumes
• Site search
– Number of pages, search by time period etc
• Consumer Barometer
– How people use the internet across the world
Web strategy secrets
(bluewiremedia.com.au)
• Demographics
• Psychographics
• Where do they live? Where do they work?
• What do they listen to? What media do they use?
• Why do they use different platforms and media?
• How does this impact how we reach them?
• What is important to them?
• What do they need and want?
• Uncovering insights
What is the point of • The key to finding a new insight is
all this research?? understanding consumer needs,
wants, and how they view and use
the category.
• Trying to "sell the consumer" on
your views is seldom successful,
but listening to their language and
watching their actions may point
you straight to new insights.
• Ask yourself this: what is it about
the product (or organisation) that
triggers an emotional response
stronger than the commodity
itself?
What is an Insight?
Information:
knowledge (data or
Information facts) obtained from
investigation or study