Bootstrap Marketing презентация

AGENDA Brand-Marketing Strategy Marketing Implementation Analyze & Adjust

Слайд 1BOOTSTRAP MARKETING
Brandon T. Luong, Founder
Guanxi Innovations

@BrandonTLuong


Слайд 2AGENDA
Brand-Marketing Strategy
Marketing Implementation
Analyze & Adjust


Слайд 3BRAND-MARKETING STRATEGY
BOOTSTRAP MARKETING
@BrandonTLuong


Слайд 4BRAND-MARKETING STRATEGY
A brand is the set of expectations, memories, stories and

relationships that account for a consumer’s decision to choose one product or service over another. If the consumer doesn’t pay a premium, make a selection or spread the word, then no brand value exists for that consumer.



- Seth Godin


Слайд 5BRAND-MARKETING STRATEGY
The aim of marketing is to know and understand the

customer so well the product or service fits him and sells itself.



- Peter Drucker


Слайд 6

BRAND-MARKETING STRATEGY
Branding
Strategy
Sets company image guidance
Gathers consumer intelligence second hand
Marketing
Tactical
Delivers company’s message

to target consumer
Gathers consumer intelligence directly from source

vs

BRANDING VS MARKETING


Слайд 7BRAND-MARKETING STRATEGY
Bootstrap Marketing
noun
A tactical marketing plan giving the maximum ROI (Return

on Investment) at the lowest cost while aligning with the brand’s goals

Слайд 8BRAND-MARKETING STRATEGY
APPROACHES ON MARKETING PLAN
1
2
3
General Marketing
Campaigns
Product Marketing
Year Round
Relatively static
Flexibility in adjust
Set

period of time
Fast pace
Long term planning in short time

Set period of time
Fast/Slow pace depending on product
Possibility of reusing tactics again


Слайд 9BRAND-MARKETING STRATEGY
Ensure marketing reflects the brand
FIRST STEPS IN DEVELOPING MARKET PLAN

1
Outline

the goal(s) of the marketing plan

Metrics to validate the resources used in marketing


2


3


Слайд 10BRAND-MARKETING STRATEGY
Specific
Measurable
Attainable
Realistic
Timely
S
M
A
R
T
BE SMART AS TO REACH OBJECTIVES
*There

are other frameworks you can use

Слайд 11BRAND-MARKETING STRATEGY
EFFECTIVELY CAPTURE CLIENTS USING CUSTOMER PERSONA SCENARIOS
Pit customer persona development

to SMART framework
Allows companies to understand who are their target audience, also discover pivots sooner
Gives insights on customers and how to persuade them to buy
Lowers cost in customer acquisition, lifecycle and other costs

Слайд 12BRAND-MARKETING STRATEGY
CUSTOMER PERSONAS AND SMART LIMITS UNNECESSARY EFFORTS
EX: Pick channels that

are most relevant to your clients, and not profiles on every single social network

Слайд 13BRAND-MARKETING STRATEGY
HEADER 2
EXERCISE
Identify company’s value, swag, culture and overall brand
Develop consumer

persona
Select channels based on your targets’ behaviors

Слайд 14MARKETING IMPLEMENTATION
BRANDON T. LUONG
@BrandonTLuong


Слайд 15BRAND-MARKETING STRATEGY
STRATEGY MEANS NOTHING WITHOUT NUMBERS
After establishing customer criteria, have metrics

in place
Know the real marketing cost: customer acquisition, lifetime value, marketing-sales conversion, etc.

CAC =

MCC

CA

CAC – Customer Acquisition Cost
MCC – total Marketing Campaign Cost
CA – total Customers Acquired


Слайд 16BRAND-MARKETING STRATEGY
Real Formula for CAC
CAC =
MCC + W + S

+ PS + O

CA

CAC – Customer Acquisition Cost
MCC – total Marketing Campaign Cost

W - Wages
S – cost of all marketing/sales Software
PS – additional Professional Services

O – Overhead
CA – Customers Acquired


Слайд 17BRAND-MARKETING STRATEGY
Customer LifeTime Value cost
LTV =
S x R x T
LTV

= LifeTime Value
S – average value of a S

R – number of Repeated transactions
T – average retention Time in months or years for a typical customer


Слайд 18BRAND-MARKETING STRATEGY
A/B TESTING HELPS MARKETERS PIVOT THEIR STRATEGY
Altering colors or layout

may increase engagement
Reveal which method is most effective
Enables marketers to change strategy on the fly

Слайд 19BRAND-MARKETING STRATEGY
IDENTIFY AREAS OF NEEDED MARKETING $
Identify highest purchasing seasons according

to market
Budget total year, and how much goes into each
Formula:

Budget = Digital + Physical + Software + Wages + Misc.


Слайд 20BRAND-MARKETING STRATEGY
HEADER 2
EXERCISE
Review customer persona
Create several “Facebook Ads” for A/B testing
Class

poll to see which ads are more effective

Constraints:
Header is 25 characters
Body is 90 characters

*Disclaimer: Facebook has an image – text ratio of 20%, but who cares for this exercise


Слайд 21ANALYZE & ADJUST
BRANDON T. LUONG
@BrandonTLuong


Слайд 22ANALYZE & ADJUST
Review the numbers to adjust the plan
Monitor and comprehend

analytics as to avoid the red
Ensure digits are align with goals

DON’T EFF UP; ADJUST ACCORDING TO NUMBERS


Слайд 23SUMMARY
Frameworks are your friends
Thy shall know the numbers
Strategy → Implementation →

Pivot → Repeat

Слайд 24THANKS!
Body Level One
Body Level Two
Body Level Three
Body Level Four
Body Level Five
BRANDON

T. LUONG

Body Level One
Body Level Two
Body Level Three
Body Level Four
Body Level Five

Brandon@guanxiinnovations.com
@BrandonTLuong
Luong.webflow.com


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