Showing posts with label digital marketing 2014. Show all posts
Showing posts with label digital marketing 2014. Show all posts

Thursday, March 13, 2014

Evolution, Effect & Analysis of 'Content Marketing'

‘C’ KING…CUSTOMER and CONTENT. Till few years ago, it was saying that only customers is king but now content has also taken place as king. Though, content was playing silent role till few years ago, so companies were giving significant merely to the customers but now content is also coming into the picture and companies are considering as priority along with customers. 


Content has been evolved due to extremely & rapidly penetrated by Social Media & Smartphone across the globe. Smartphone users already been crossed 1.4 million and Social Media is only the fastest tool in which your product can reach high across the globe. Social Media & Smartphone users will be increasing, content marketing will also be effectively & strategically increasing.

Content and Social Media both are strappingly integrated with each other, digital marketing is growing only due to the content marketing. Content marketing can provide estimated result when it is being executed at RIGHT TIME & RIGHT PLACE with precise message.

They key role of Content marketing is to generate an awareness, gathering traffic & lead of your product/brand. Further action, measurement, monitor, lead management and analysis have to do by team. From the below mentioned analysis, you will must find that there is vast gap in lead management and nurturing which is the revenue generation tool through content marketing. 
   
Key Facts & Analysis for Content Marketing: - Mentioned analysis is playing vital role before & after content development, management and measurement. SEO, Social Media, Blog, Lead Generation & Management, E-mail Marketing, Marketing Automation etc. are influencing factor and connected with content marketing either directly or indirectly:
Social Media:-
1
The majority of marketers (59%) are using social media for 6 hours or more each week. (Source: Social Media Examiner)
2
96% measure number of fans and followers, 89% measure traffic, 84% measure mentions, 55% track share of voice, and 51% track sentiment. (Source: Awareness, Inc.)
3
62% of marketers said social media became more important to the marketing campaigns in the last 6 months. (State of Inbound Marketing, 2012)
4
Companies that acquired customers from Facebook: B2C is 77% and B2B is 43%. (State of Inbound Marketing, 2012)
5
Retail is the top industry that has acquired customers through Facebook. (State of Inbound Marketing, 2012)
6
80% of US social network users prefer to connect to brands through Facebook. (State of Inbound Marketing, 2012)
7
Brands have seen a 65% increase in user engagement of interactive content with the new Timeline.
8
Pinterest is retaining and engaging users as much as 2-3 times as efficiently as Twitter was at a similar time in their history. (Source RJMetrics)
9
Over 80% of pins are repins. (Source RJMetrics)
10
Daily Pinterest users have increased by more than 145% since the beginning of 2012. (Source Mashable)
11
The quality of the average new Pinterest user (as defined by their level of engagement and likelihood to remain active) is high but declining. Users who have joined in recent months are 2-3 times less active during their first month than the users that came before them. (Source RJMetrics)
12
The top interests on Pinterest in the U.S. include crafts, gifts, hobbies/leisure, interior design, and fashion designers/collections. (Source Ragan.com)
13
80% of Pinterest's users are female. (Source comScore)
14
The best time to pin during the day is between 2 and 4 PM EST. (Pinerly Study)
15
The best time to pin in the evening is between 8 PM and 1 AM EST. (Pinerly Study)
16
Shoppers referred by Pinterest are 10% more likely to make a purchase than visitors who arrive from other social networks, including Facebook and Twitter. They will also spend 10% more on average. (Source Wayfair)
17
Pins related to trending topics see an average of 94% increase in click-throughs. (Pinerly Study)

SEO:-
1
Companies that blog have 97% more inbound links. (HubSpot State of Inbound Marketing Lead Generation Report, 2010)
2
Businesses with websites of 401-1000 pages get 6x more leads than those with 51-100 pages. (HubSpot Lead Generation Lessons from 4,000 Businesses, 2011)

Blog:-
1
Blog frequency impacts customer acquisition. 92% of companies who blogged multiple times a day acquired a customer through their blog. (HubSpot State of Inbound Marketing, 2012)
2
81% of marketers rated their blog as useful or better. (HubSpot State of Inbound Marketing, 2012)
3
46% of people read blogs more than once a day. (HubSpot Science of Blogging 2010)
4
Nearly 40% of US companies use blogs for marketing purposes. (eMarketer, August 2010)

Lead Generation:-
1
Call to actions promoting ebooks get almost twice the click through rate as emails promoting webinars. (HubSpot) 
2
Companies with 30 or more landing pages generate 7x more leads than those with fewer than 10. (HubSpot)
3
48% of marketers build a new landing page for each marketing campaign. (MarketingSherpa)
4
68% of B2B businesses use landing pages to garner a new sales lead for future conversion. (MarketingSherpa)
5
16% of landing pages are free of navigation bars. (MarketingSherpa)
6
48% of offers have multiple offers on them. (MarketingSherpa)
7
42% of offer-related graphics on landing pages are not clickable. (MarketingSherpa)
8
Businesses with 31 to 40 landing pages got 7 times more leads than those with only 1 to 5 landing pages. (HubSpot)
9
Those with over 40 landing pages got 12 times more leads than those with only 1 to 5 landing pages. (HubSpot)

Lead Management:-
1
50% of leads are qualified but not yet ready to buy. (Source: Gleanster Research)
2
Only 25% of leads are legitimate and should advance to sales. (Source: Gleanster Research)
3
79% of marketing leads never convert into sales. Lack of lead nurturing is the common cause of this poor performance. (Source: MarketingSherpa)
4
65% of B2B marketers have not established lead nurturing. (Source: MarketingSherpa)
5
79% of B2B marketers have not established lead scoring. (Source: MarketingSherpa)
6
Lead nurturing emails get 4-10 times the response rate compared to standalone email blasts. (Source: SilverPop/DemandGen Report)

%
B2B organizations touch leads with lead nurturing on:
9
Daily basis
22
Weekly basis
34
Monthly basis
15
Qtr. basis
2
Annual basis    (Source: MarketingSherpa)

E-mail Marketing:-
1
Secrets is the most clicked lead nurturing subject line word (HubSpot)
2
Posts and Jobs are the most clicked subject line words (HubSpot)
3
Click through rate (CTR) is higher when using the recipients first name in the subject line over no use of the first name (HubSpot)
4
CTR is higher when using the recipients company name in the subject line over no company mention (HubSpot)
5
88% prefer to receive HTML emails vs. 12% who prefer plain text from companies (HubSpot)
6
65% prefer emails that contain mostly images vs. 35% who prefer mostly text (HubSpot)
7
Saturday has the highest CTR at over 9% (Sunday is second just under 9%) (HubSpot)
8
6 AM has the highest CTR of any hour (HubSpot)
9
Clicks by button text: Click Here gets the highest % of clicks over Go and Submit (HubSpot)
10
Relevant emails drive 18 times more revenue than broadcast emails. (Source: Jupiter Research)
11
Personalized emails improve click-through rates by 14%, and conversion rates by 10%. (Source: Aberdeen Group)

Marketing Automation:-
1
The adoption of marketing automation technology is expected to increase by 50% by 2015. (Source: Sirius Decisions)
2
The average sales cycle has increased 22% over the past 5 years due to more decision makers being involved in the buying process. (Source: Sirius Decisions)
3
Nearly 2/3 of B2B marketers identified engaging key decision makers as their top challenge. (Source: Forrester Research)
4
89% of marketers said email was their primary channel for lead generation. (Source: Forrester Research)

Today, companies are being adopting content marketing tools as well as hiring especially content writer who write blogs, articles, PR, E-mail marketing campaign, various landing page etc. for B2B & B2C. However, it seems that there is a gap of ROI due to lack of proper & comprehensive measurement, analysis, monitor and implementation. To get an estimated ROI result, it must require to fulfill the gap. Because content marketing is cost-effective tool  and you can reach your product & build brand image across the globe 


Today, Customer is king for Company whereas Content is also king for Customers (Because content is playing vital role to attract the customers).


‘C’ king…CUSTOMER and CONTENT!!!

Thursday, February 6, 2014

Tab banking by ICICI bank

Internet and mobile phone especially Tablet & Smartphone have rehabilitated scenario across the world. The word “Digital” is coming into the doorstep picture amongst the all major media like Print, Electronic and OOH. Stuffs are becoming more digitalize, with advance landscapes and convenient for end-users. Today, companies have started to spend almost 20 to 25% budget on digital marketing out of total marketing & advertising budget. Significantly, there are two objects for spending on digital medium: (1) Creating an awareness effectively & conveying the message rapidly & easily to your target audience (2) Abundant economical medium.

Focused as well as Top medium in Digital marketing 2013 onwards (For all major industries including Service): - Social media, Blogs, SEO & Content marketing, Mobile marketing and E-mail Marketing.

Like other industries, Financial & Banking services are also significantly emphasize on digital marketing. All major banking (including private & public sector) transactions are available through “Net banking & Mobile banking” and simultaneously consumers are also being used the same facilities for their convenience. Competition is growing rapidly in order to gain/acquire more consumers because all banks are offering almost similar services (including Net & mobile services) in market. However, ICICI bank has been found gap between bank service & consumers, and initiated an innovative and convenient service for consumers which service is known as “Tab banking service” in India.

Total Bank in India: - 84 Appx. (Including Public Sector, Private Sector & Foreign bank)
Amongst the 84 bank, ICICI is the only banks in India which has initiated “Tab banking service” and it is available in 29 cities of India with 9000 Appx. ICICI Tablet.

Tab banking service: - To open “Saving Account” within a day. ICICI bank executive will visit at your doorstep. And, executive will be taking your photo & picture of document through tablet phone, then immediately will get text message on your phone as a part of confirmation.

Core Advantage to consumers: - (1) Save the important time in any busy schedule or occasion time. (2) Opening account within a day (3) Avoid mismatch between physical documents & account form.

The campaign is released with 360 degree marketing and communication including TVC, Print (Newspaper), OOH and digital media. As a brand promise, this Tab banking service is being endorsed by Mr. Amitabh Bachchan (Big B of Bollywood). ICICI bank Tagline is itself promising “Khayal Apka (Taking care)” which is being rewarded.

Television commercial:- http://www.youtube.com/watch?v=gXX7UeIXTV0 

Brand is delivering same which has been promised to consumers. Though, ICICI bank has also been won the reward for being an initiated innovative services in banking industry.

Various Rewards won by ICICI Bank:-
Source : Wikipedia
It is most significant to find the gap between consumers & product/service and understand consumers psyche. Today, consumers are more looking towards “convenience” along with price & quality of product/service. He/she will not be preferring those stuff in which they are feeling uncomfortable or inconvenience despite of good quality & best price.

Market share can capture only when you understand your consumers or customers and deliver the same with strategically. Today, ICICI bank has initiated an innovative service, later on it may chance to be initiated same service by rival banks. To sustain in competitive market, it must become an essential to introduce something new, innovative or niche as per consumers demand & their convenience.


Keep the brand continue ‘Niche’ + deliver the brand promise = Gain consumers/customers & build up strong brand identity as well as brand equity.