• Strategy Analysis Tool: Online competitor benchmarking review (Optional)
  • CORE Strategy Definition Technique: Define vision for digital channels
  • Customers Customer search behaviour




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    Customers

    Customer search behaviour

    Publishers/intermediaries/influencers

    Destination sites/

    Competing brands

    Markets targeting










    Main search engines in market







    Example mainstream media, social networks or portals:










    Company name: Key brand differentiators







    Customer segments: Demographics










    Main generic category / product phrases







    Niche media sites or social networks:









    Competitor 1: Key brand differentiators







    Customer segments: Personas







    Comparison searches







    Aggregators and super-affiliates
    (where comparison sites relevant)







    Competitor 2: Key brand differentiators










    Customer segments: Value










    Value searches







    Smaller affiliates







    Competitor 3: Key brand differentiators










    Customer segments: Lifecycle










    Competitor searches







    Blogs and individual influencers







    Competitor 4: Key brand differentiators










    Customer segments: Interest-based targeting










    Other long-tail behaviours or qualifiers













    Competitor 5: Key brand differentiators











    Notes: The consumer search behaviour summary worksheets on our SEO Gap Analysis template suggest a method of summarising the most important consumer search behaviours and how to target them. You can see examples of visualising the marketplace using this method or across POE media in this post.

    Strategy Analysis Tool: Online competitor benchmarking review (Optional)


    Purpose: A competitor review is useful in a long-form digital marketing strategy to highlight the relative performance of a company alongside the capability analysis.

    Instructions: Complete the KPIs as far as possible where publicly available through tools described in our competitor benchmarking guide. Effectiveness is a qualitative evaluation.


    Criteria

    Review company

    Competitor 1

    Competitor 2

    Reach KPIs

    • Site visitors

    • Conversation share

    • Search visibility










    Reach Effectiveness

    • Content marketing

    • Influencer outreach

    • Strategic partnerships










    Act KPIs










    Act Effectiveness

    • Persona targeting

    • Core brand messages

    • Content engagement devices

    • Findability

    • Personalisation










    Convert KPIs

    • Conversion rates (add-to-basket, checkout, conversion channel)










    Convert Effectiveness

    • Marketing Mix: Product, Price, Place, Promotion

    • Trust factors










    Engage KPIs

    • Recommendation, satisfaction scores, community and email benchmarks










    Engage evaluation

    • Service quality

    • Community

    • Personalisation

    • Promotions










    Objectives – Where do we want to be?

    We recommend four different types of measures to help you and colleagues look forward to the future offered by digital marketing:

    So we suggest this hierarchy of measures may help in larger organisations:


    • 1. Top-level broad goals to show how the business can benefit
      from digital channels

    • 2. Mid-long term vision to help communicate the transformation needed in a larger organisation

    • 3. Specific SMART objectives to give clear direction and commercial targets

    • 4. Key performance indicators to check you are on track


    You should be as specific as possible in your goals. We recommend these should be:

    • SMART - see the definition at foot of http://www.smartinsights.com/about/

    • Based around the customer lifecycle – we use the mnemonic RACE to define this and give examples of different KPIs here: http://bit.ly/smartrace

    • Define what the R is in ROI for you - it will likely be monetary but don’t forget digital marketing can be more than that

    • Divided into key digital strategy areas of customer acquisition, conversion, customer development and growth - this is important to ensure you’re covering all of the areas

    1. Broken down into short, medium and long-term goals

    2. Align goals to the business and marketing goals and how you substantiate them using the approach described in http://bit.ly/smartintegration.

    CORE Strategy Definition Technique: Define vision for digital channels



    Purpose: Define a vision statement to communicate main elements of vision to colleagues or partners (mainly relevant for larger organisations)

    Instructions: Create a statement which shows how digital media and technology will transform an organization.
    Consider referencing the 5Ss : Sell, Serve, Speak, Save, Sizzle

    Aim to include quantitative targets, e.g. % of sales online or influenced by online channels


    Short form of vision statement

    Examples: Digital First, Digital By Default, Digital DNA

    Longer-form vision statement


    Example:


    Our digital channels will make it easy for shoppers to find, compare and select products using a structured approach to merchandising and improving conversion to produce an experience rated as excellent by the majority of our customers.

    More examples: Step 2 Define your vision for Digital in Expert members Guide Digital Marketing Optimization.


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    Customers Customer search behaviour

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