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The Shift Towards Digital Branding. By Zahra Karim. What is a . Digital Branding. What is it? Marketing that makes use of electronic devices like computers, smart phones, tablets, and game consoles to engage with stakeholders and customers
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The Shift Towards Digital Branding By Zahra Karim
Digital Branding • What is it? • Marketing that makes use of electronic devices like computers, smart phones, tablets, and game consoles to engage with stakeholders and customers • Applies to technologies or platforms such as websites, email apps, and social networks
Imagine this… • A start up company that focuses on party printables- A Personalised Affair • Based in the UK • Wants to extend their reach to worldwide stakeholders • Has a (very small) budget of $100k to advertise and get their brand “out there”
Where to start? • The first step to explore options • What are the most common sites/avenues that can be utilized to create a digital identity for a brand? • YouTube ads • Facebook • Pinterest • Twitter • Instagram • Personal Blog/ Website
YouTube • YouTube • YouTube advertising is pretty unique since it allows you to select a target audience by gender, age, interests, and location • It’s simple- only requires three steps • Upload your ad (video) • Create an Adwords account • This is where you can manage the ads and check results • Launch the ad
Types In Stream In Slate In Display In Search
Budgeting • Cost • The cost of an ad is calculated per view • Each view can range between .10 and .30 depending on the type • A Personalised Affair chooses the .20 ad and budgets $10,000 to reach 50,000 potential customers
Facebook • Facebook • These ads allow you to set a “daily” or “lifetime” budget as to how much you want to spend on your advertising • You will be charged per click that the ad receives but this will never exceed your budget that you have set • There are different types of “bids” to choose from • CPM (cost per mille) • CPC (cost per click) • CPA (cost per action)
Budgeting • Cost • A Personalised Affair decides to set a lifetime budget of $30,000 • They allocate a large amount of money to this avenue of advertising since they feel that their main target audience of middle aged females are most active on this social media site • They also choose the CPM option since their ad includes their website and they are just working on getting their name “out there”
Pinterest • Pinterest • Until recently Pinterest did not allow advertisers • Now they offer the option of posting a “sponsored pin”
Pinterest • These pins pop up in search results, so they reach the people that are looking for a topic similar and related to that of the company that is sponsoring the ad • This also makes it feel more natural, not so much of an advertisement which can be annoying to users • The con is that they don’t stand out much from a normal pin since they look the same
Twitter • This is what a twitter ad looks like • There are two types of Twitter advertising- • Promoted accounts • Promoted Tweets
Twitter • Twitter allows you to track the components of your ads or tweets and learn more about the behavior of your target audience • You aren’t charged until action is taken- organic activity is free! • When someone retweets, replies, or favorites your tweet or ad that’s when you’re charged • You set a budget, once it’s reached Twitter will automatically stop showing your ad
Instagram • This symbol tells you that the photo you are viewing is an ad
Instagram • Instagram uses information about your interests based on Facebook (their sister company) and their site to determine which ads would be relevant to the user • Instagram ads are fairly new (like Pinterest) but show a lot of promise- MichealKors was the first to post a sponsored ad on Pinterest and it got them 33,000 more followers and 370% more likes than their non sponsored photos
Personal Blog/ Website • Advertising on via networks like the ones discussed can be very helpful but it is equally important to have a website for a user to go to in order to get more information about the business, costs, and other general info
Personal Blog/ Website • Costs associated with a personal website- • Domain Name- $10-$15/month • SSL certificate- $300/year • Hosting- $40-$200/year • Content Delivery Network- $50-$250/year • Development tools or templates- $100-$200 • Design- $500-$1600 • Development- $600-$2000 • Maintenance- $500-$1800/year • Payment Processing- $250/year
Budgeting • Youtube- $10,000 • Facebook- $30,000 • Pinterest- $20,000 • Twitter- $10,000 • Instagram- $15,000 • Personal website- $15,000
Conclusion • The move towards digital branding has been recent but very quick • Danny Wong, the brand manager at Blank Label’s Group says: • Branding campaigns work digitally- better than they did pre-web because you can create a cross-channel series of “touch points” with your customers before they become your customers • There is an old saying that states that someone needs to see or hear about your company atleast three times before they consider trusting your brand and with digital marketing even small businesses like A Personalised Affair and many more can create that base with customers on a tight budget
Questions • What are some key differences between what traditional branding used to be and what digital branding is? What are the pros and cons of each type? • Of the hosts and social media sites described which do you think is the best and why? Of the hosts and social media sites described which do you think has the largest reach and why? • What do you think the future holds for digital branding? Base the answer to this question off of what changes are present between traditional branding and what branding is today?
