launch of vietnamese edition of digimarketing: the esential guide to new media & digital...
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Why the time for digimarketing (digital marketing) is now, and how it will change marketing. The 4 P's of digimarketing.Presented in Hanoi by Ian Fenwick (digiAindra) with Le Thuy Hanh, to launch the Vietnamese edition of DigiMarketing: The Esential Guide to New Media & Digital MarketingTRANSCRIPT
copyright Ian Fenwick, all rights reserved 2009
DigiMarketing Unleashed
Dr. Ian FenwickFounding Partner digiAindra Co Ltd.
Advisor & Professor of Marketing Sasin, BangkokProfessor Emeritus & Senior Scholar, Schulich School of
Business, Toronto
copyright Ian Fenwick, all rights reserved 2009
copyright Ian Fenwick, all rights reserved 2009
frogs jump…
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frogs jump…will you?
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what is digimarketing?
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Digital Marketing, digimarketing, is the evolution of marketing.“It happens when the majority…of a company’s marketing uses digital channels.
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are you doing digital marketing
right now?
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…the future is already here. It's just not very evenly distributed. William
Gibson
“
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opportunity1
digital media2
difference3
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2 3
opportunity1
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under spent
why a digimarketing opportunity?
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Internet penetration 20091.6 billion +
http://en.wikipedia.org/wiki/Image:Internet_users_en_2007.PNG
www.internetworldstats.com/
copyright Ian Fenwick, all rights reserved 2009Source:Neo@Ogilvy
% Advertising Dollars Spent Online
% Consumer Time Spent Online
marketing lag
2003 2004 2005 2006 2007 2008
-5%
0%
5%
10%
15%
20%
25%
30%
copyright Ian Fenwick, all rights reserved 2009
Internet penetration 20091.6 billion +
http://en.wikipedia.org/wiki/Image:Internet_users_en_2007.PNG
www.internetworldstats.com/
Asia 41%China 298 million
22%
copyright Ian Fenwick, all rights reserved 2009Technology/Internet Trends, Mary Meeker , presentation at Web 2.0 Summit, Nov 5 2008,
> Top 10
DevelopedMarkets
USA, Japan, Germany, UK, France, Italy, Spain, Canada, S
Korea, Australia
Top 10 Emerging Markets
Brazil, Russia, India, China, Mexico, Turkey, Indonesia, Iran,
Poland, Saudi Arabia
Internet users: 2008
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mis-allocation of resources
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under spent
the future
why a digimarketing opportunity?
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digital will
predominate
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copyright Ian Fenwick, all rights reserved 2009
copyright Ian Fenwick, all rights reserved 2009Source: http://www-03.ibm.com/press/us/en/pressrelease/22206.wss
60%1-4 hrs/day
66%1-4 hrs/day
9%6+ hrs/day
19%6+ hrs/day
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it is the one most adaptable
to change
it is not the strongest of the species that survives…
“nor the most intelligent…
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easiest to learn if you start early
& you never forget
Source: www.stockphotos.com
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under spent
the future
trackable
why a digimarketing opportunity?
copyright Ian Fenwick, all rights reserved 2009From the George Grantham Bain collection at the Library of Congress. According to the library, there are no known restrictions on the publication of these photos. http://en.wikipedia.org/wiki/File:Johnny-Wanamaker2.jpg
John Nelson Wanamaker (1838 –1922)
Half the money I spend on advertising is wasted; trouble is I don't know which half
“
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cost per clickcost per action
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under spent
the future
trackable
why a digimarketing opportunity?
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2 3
opportunity1
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opportunitydigital media
1 32
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common language
what about digital media?
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copyright Ian Fenwick, all rights reserved 2009
copyright Ian Fenwick, all rights reserved 2009
Quick Response (QR) Code for North West Airlines
Ogilivy: Japan
copyright Ian Fenwick, all rights reserved 2009Ogilivy: Japan
copyright Ian Fenwick, all rights reserved 2009Ogilivy: Japan
copyright Ian Fenwick, all rights reserved 2009Ogilivy: Japan
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common language
new media model
what about digital media?
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To find something comparable, you have to go back 500 years to the printing press, the
birth of mass media….
“His Space,” Spencer Reiss Wired, July 2006
…it’s the people who are
taking control
Technology is shifting power away from the
editors, the publishers, the establishment, the
media elite.
Rupert Murdoch
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creatives
publishers, editors
bookstores, news stands, TV/radio
stations
consumers$$$eyeballs
Traditional Media Model
expensive channel, production & filtering
modest returns to creators
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Internet Publication
Internet Distribution
near free channel, free peer filtering
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Internet Publication
Internet Distribution
modest returns to creators
near free channel, free peer filtering
modest returns to creators
Consumers Generate Content
Consumers Generate Content
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posted Nov 20, 20031m + downloads in 6 weeks
copyright Ian Fenwick, all rights reserved 2009http://perezhilton.com/?p=2601, http://gawker.com/news/welcome-to-the-internet/the-truth-about-perez-hiltons-traffic-276369.php
ComScore, Nielsen NetRatings
Perez Hilton
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paid circulation2007 <4 million
1.7 m unique visitors (US only, May 2007)
http://perezhilton.com/?p=2601, http://gawker.com/news/welcome-to-the-internet/the-truth-about-perez-hiltons-traffic-276369.php
ComScore, Nielsen NetRatings
Perez Hilton
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common language
new media model
mobile
what about digital media?
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World population? 6.6 b
Internet users? 1.6 b
Landline phones? 1.3 b
Credit cards? 1.4 bTV sets? 1.5 b
Mobile phone subscribers?
http://www.mocom2020.com/2009/03/41-billion-mobile-phone-subscribers-worldwide/Communities Dominate Brands Business and marketing challenges for the 21st century By Tomi T Ahonen and Alan Moore
copyright Ian Fenwick, all rights reserved 2009
World population? 6.6 b
Internet users? 1.6 b
Landline phones? 1.3 b
Credit cards? 1.4 bTV sets? 1.5 b
Mobile phone subscribers? 4.1 b
http://www.mocom2020.com/2009/03/41-billion-mobile-phone-subscribers-worldwide/Communities Dominate Brands Business and marketing challenges for the 21st century By Tomi T Ahonen and Alan Moore
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1st SMS: December 3, 1992
how many sent in 2007?
http://news.theage.com.au/asian-consumers-most-prolific-sms-users/20080104-1k5l.html Gartner Research
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1st SMS: December 3, 1992
how many sent in 2007?
5,000,000,000 +
http://news.theage.com.au/asian-consumers-most-prolific-sms-users/20080104-1k5l.html Gartner Research
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1st SMS: December 3, 1992
how many sent in 2007?
5,000,000,000 +
dailyalmost 2 trillion p.a.
http://news.theage.com.au/asian-consumers-most-prolific-sms-users/20080104-1k5l.html Gartner Research
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1st SMS: December 3, 1992
how many sent in 2007?
http://news.theage.com.au/asian-consumers-most-prolific-sms-users/20080104-1k5l.html Gartner Research
% sent in Asia Pacific?
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78.9%
http://news.theage.com.au/asian-consumers-most-prolific-sms-users/20080104-1k5l.html Gartner study
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how does your website look on mobiles?
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common language
new media model
mobile
unique
what about digital media?
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Canon Rebel 3503 years old, #560151117
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collect data, drop by drop
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collect data, drop by drop
personalizecontent
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common language
new media model
mobile
unique
what about digital media?
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opportunitydigital media
1 32
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opportunitydigital media
1 2 3
difference
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product
place
price
promotion
4 P`s of marketing
copyright Ian Fenwick, all rights reserved 2009Copyright Ian Fenwick, 2009
4 P`s of digimarketing©
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permission
Copyright Ian Fenwick, 2009
4 P`s of digimarketing©
• clear opt-in• easy opt-out• customer-chosen content &
frequency• relevance
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permission
Copyright Ian Fenwick, 2009participation
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play games?
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MK GAME
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email video clips to friends?
copyright Ian Fenwick, all rights reserved 2009http://www.slideshare.net/rashmi/meet-dave-meet-slideshare
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Impressions Involvement
Ogilvy & Mather estimate
uploaded Dec, 2006seen by estimated
500m people
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Viral
Credit: Ogilvy, China
quirkyhigh intereststays on brand
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read blogs?
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Reading blogs % of active internet users (using internet at least every other day), 16-54 years old, March 2008
Power to the People Social Media Tracker, Wave 2, Universal McCann, 2008, surveyed 17,000 internet users (using everyday or every-other-day, 16-54 year-olds) in 29 countries
70%
read at least weekly
50%
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http://blog.digiAindra.com
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write blogs?
copyright Ian Fenwick, all rights reserved 2009Power to the People Social Media Tracker, Wave 2, Universal McCann, 2008, surveyed 17,000 internet users (using everyday or every-other-day, 16-54 year-olds) in 29 countries
Started my own blog % of active internet users 16-54 years old, March 2008
35%
21%
write at least weekly
copyright Ian Fenwick, all rights reserved 2009http://www.readwriteweb.com/archives/corporate_blogs_trust.php
How much do you trust the following information sources?
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…can’t imagine why
http://www.readwriteweb.com/archives/corporate_blogs_trust.php
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…can’t imagine why
http://www.readwriteweb.com/archives/corporate_blogs_trust.php
"As you know, I am an Apple fanatic, but this deal even has me looking twice. Our computer buyer has put together this!The Blitz ad says $350 but Santa called and challenged him to do better. So now Sam’s is at new price of $345 and an additional $20 case value is included. This is an 8.9" WSVGA Acer CrystalBrite TFT LCD (1024 x 600) with an Intel Atom Processor, 1GB Memory, 120GB Hard Drive and a Crystal Eye Webcam. WOW. That information tells me that Sam’s really put together a great item for our Members! This unit is great for surfing the net, e-mail and is a nice netbook."
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…can’t imagine why
http://www.readwriteweb.com/archives/corporate_blogs_trust.php
"As you know, I am an Apple fanatic, but this deal even has me looking twice. Our computer buyer has put together this!The Blitz ad says $350 but Santa called and challenged him to do better. So now Sam’s is at new price of $345 and an additional $20 case value is included. This is an 8.9" WSVGA Acer CrystalBrite TFT LCD (1024 x 600) with an Intel Atom Processor, 1GB Memory, 120GB Hard Drive and a Crystal Eye Webcam. WOW. That information tells me that Sam’s really put together a great item for our Members! This unit is great for surfing the net, e-mail and is a nice netbook."
authentic
ity
challe
nged
copyright Ian Fenwick, all rights reserved 2009http://en.community.dell.com/blogs/direct2dell/
copyright Ian Fenwick, all rights reserved 2009http://www.engadget.com/2006/06/22/dude-your-dell-is-on-fire/
copyright Ian Fenwick, all rights reserved 2009http://www.engadget.com/2006/06/22/dude-your-dell-is-on-fire/
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belong to a social
networking site?
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www.mixi.jp www.cyworld.co.kr
social networks
copyright Ian Fenwick, all rights reserved 2009www.facebook.com www.myspace.com www.mixi.jp
www.cyworld.co.kr 9
http://www.techcrunch.com/2008/08/12/facebook-is-not-only-the-worlds-largest-social-network-it-is-also-the-fastest-growing/
350 m+ users35+ m update each day
av. user on site 55+ mins per day70%+ outside US
http://www.briansolis.com/2009/03/twitter-and-social-networks-usher-in/
copyright Ian Fenwick, all rights reserved 2009http://www.facebook.com/apps/application.php?id=2841359929&b=&ref=pd_rhttp://www.wilhelmus.ca/2007/11/gotta_ski_bc_facebook_applicat.html
apps
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8th most popular page on all of
Facebookover 3.5 million fans
http://pagedata.insidefacebook.com/
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www.facebook.com/digiAindra
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read on-line
reviews?
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• #2 driver of purchase decisions (#1: personal advice from friend)
• 86% read before buying(90% trust) 1
• 70% who read reviews share them with others 2
1 Kudzu.com survey of 600 users, December 20082 Deloitte & Touche, September 2007
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do you tweet?
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Solving customer problems quicklySolving
customer problems quickly
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DrIanFenwick
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do you know what people say
about you?
copyright Ian Fenwick, all rights reserved 2009www.serph.comwww.monitter.com http://spy.appspot.com www.blogpulse.com
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permission
profile
participation
Copyright Ian Fenwick, 2009
copyright Ian Fenwick, all rights reserved 2009
permission
profile
participation
(privacy)
Copyright Ian Fenwick, 2009
copyright Ian Fenwick, all rights reserved 2009
permission
profile
participation
(privacy)
personalization
Copyright Ian Fenwick, 2009
copyright Ian Fenwick, all rights reserved 2009
copyright Ian Fenwick, all rights reserved 2009
copyright Ian Fenwick, all rights reserved 2009
permission
profile
participation
(privacy)
personalization
Copyright Ian Fenwick, 2009
copyright Ian Fenwick, all rights reserved 2009
permission
profile
participation
(privacy)
personalization product
place
price
promotion
Copyright Ian Fenwick, 2009
copyright Ian Fenwick, all rights reserved 2009
opportunitydigital media
1 2 3
difference
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Tourism Queensland www.IslandReefJob.com
$150,000 6-monthscaretaker & blogger on Great Barrier Reef
1 million visits in 7 days
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Tourism Queensland www.IslandReefJob.com
$150,000 6-monthscaretaker & blogger on Great Barrier Reef
Server Crashes
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over 35,000 applicantshttp://www.worldtravelguide.net/news/3407/news/And-the-real-winner-is%85-the-Australian-tourism-board.html
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copyright Ian Fenwick, all rights reserved 2009
…the Tourism Queensland website crashed on the eve of the competition deadline…as the website was flooded with more than 7000 applications…The furious 51-year-old professional photographer…slammed the promoter…sending out a mass email with the subject line "The worst run contest in the world”
“
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…Tourism Queensland grossly underestimated the demand," Mr Cook said."Surprised by 30,000 entries? You've got to be kidding…“…they should have expected at least 100,000 entries and planned for 500,000.
“
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People often ask me if we’re nearing the end of the digital revolution—if technology progress is at a point of diminishing returns …
I believe the opposite is true…Together, hardware and software will be the catalyst for advances during the next 10 years that will far exceed the changes of the last 30 years.
Wall Street Journal, January 24, 2008
“
Bill Gates, chairman Microsoft Corporation
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Q&A