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1. Connecting with the Modern Consumer

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Title: 1. Connecting with the Modern Consumer


1
1. Connecting with the Modern Consumer
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2
Pre-Media 19001950
  • Scale
  • One to one
  • Reach
  • Direct
  • Local
  • Tools
  • Yard signs
  • Outdoor ads
  • Direct mail

16
3
Mass Media 19502003
  • Scale
  • One to many
  • Reach
  • Direct
  • Local
  • National
  • Tools
  • Billboard ads
  • TV and radio ads
  • Newspaper ads
  • Printed flyers
  • Homes magazine
  • Database lists
  • Static websites
  • E-mail campaigns

16
4
New Media 2003present
  • Tools
  • Blogs
  • Social networks like Friendster, MySpace, and
    Facebook
  • Microblogs like Twitter
  • Scale
  • Many to many
  • Reach
  • Direct
  • Indirect
  • Local
  • National

16
5
The Crowded Marketing Space
17
6
In 1971, the average American encountered 560
daily advertising messages.
By 1991, that number had increased to over 3,000
per day.
17
7
Analyzing Our Marketing Inconsistencies
As Salespeople, We
  • As Consumers, We
  • Buy ad time on radio and TV
  • Teach new salespeople to prospect by cold calling
  • Send out Just Listed and Just Sold cards
  • Buy e-mail lists and send out newsletters
  • Buy online ads
  • Rely on DVRs to skip commercials
  • Subscribe to services w/commercial-free music
  • Maintain private telephone numbers and place
    ourselves on Do-Not-Call list
  • Throw out junk mail
  • Use spam filters and delete unread e-mails
  • Implement pop-up blockers

18
8
Direct Mail Response Averages
  • 3.40 percent for a house list
  • 1.28 percent for a prospect list
  • according to the Direct Marketing Association
    for direct mail campaigns that used letter-sized
    envelopes

19
9
97 people interrupted
19
10
To Reach
19
11
The Challenge ofGetting Found
20
12
The Challenge of Getting Found
  • Efforts to make website organically place or rank
    higher can be described as search engine
    optimization or SEO.
  • Paying to have your website placed is search
    engine marketing or SEM.

20
13
The Challenge of Getting Found
21
14
Interruptive Marketing Funnel
Awareness
Consideration
Preference
Purchase
23
15
Permission Based Marketing
Interaction
Involvement
Intimacy
Influence
23
16
  • markets are conversations
  • talk is cheap
  • silence is fatal
  • the
  • cluetrain
  • manifesto

24
17
The New Marketplace
Head
Popularity
The Long Tail
Body
Products
25
18
Practitioner Spotlight Allan Domb, CRS
26
19
Case Study Jeff Brown
27
20
Case Study Jeff Brown
27
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