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DISPLAY ADVERTISING AND OTHER CUSTOMER ACQUISITION TECHNIQUES. What Do We Mean by Customer Acquisition?. “Getting a New Customer” . No Single Operational Definition That Fits All Situations. Tools for acquisition - & more. Using the tools. Most Tools Better for One Objective
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What Do We Mean by Customer Acquisition? “Getting a New Customer” No Single Operational Definition That Fits All Situations
Using the tools • Most Tools Better for One Objective • Search for Acquisition • Email for Retention • Choice of Tools Depends on Specific Campaign Objectives • No One Tool Works in Isolation • Integrated Communications • Online and Offline
Types of online advertising • Display (Banner) Ads • Search Ads • Ads on Social and Mobile Networks
Online advertising growingAbsolute Amount, % of Marketing Budgets
Some creative best practices • KISS • Simple, Easy to Understand • Identify Brand Early • Make Brand Promise Early Never Let ‘Creativity’ Trump Brand Message
Direct Response ads Trumping Brand (Chapter 5) • Bain/IAB Study • Marketers “Disappointed” in Branding Use • Wang/Adobe Study • Interactive Ads in Digital Edition Better • Martha Stewart Expects Advertisers to Love Digital Edition
Ad Serving essential on Internet Third-Party Networks (Middlemen) Deliver Ads to Sites and Ad-Supported Software
Targeting Also Essential Internet Allows for Precision Targeting Of Audiences, Large and Small
Which Type of Targeting Is Best? All Types of Targeting Have their Uses. Behavioral Targeting > What People Actually Doing. If Available, Generally the Best Option.
Types of Behavioral Targeting Listed By Degree of Difficulty • Targeting Identified Users • Targeting Unidentified Users • Tagging/Cookies • Permits Tracking Actual Behavior • Targeting with Predictive Models • Sophisticated Models to Predict Behavior • Specialized Databases > Specific Behaviors
Social Networks Offer Highly Targeted Advertising On Their Sites
Other Acquisition Techniques Events, Publicity, Affiliate, Portal and Viral Marketing
Marketer Events • Traditional Events • Off-Line -- Trade Shows, Product Launches, Seminars and more • On-Line – Webinars, Twestivals and more • Experience Marketing • Powerful Immersive Brand Experiences • Event-Triggered Not the Same • Event in Customer Life Stimulus for Communication
Social Media (Optimized) Press Release
Optimizing Press Releases • Select Relevant Keywords • Use In Title and Often in Text • Tag Images • Using three anchor links: one to the home page, one to the product page, and one to the most relevant blog post • Post With a Unique URL
Affiliate Marketing • Other Sites Link to Yours to Sell Merchandise • Affiliate Sites Receive Commission • Parent Sites Receive Traffic Not Likely To Get Otherwise • Low Cost, But Limits to Success • Primarily Number of Good Affiliates
Portal advertising deals • Preferred Placement on Specific Pages on a Large Site • Not as Common Now as Early in Web • Can Be Effective in Reaching A Specialized Target Audience
Viral marketing Great if It Happens. Not Something On Which to Base Strategy.
Summary • Many Acquisition Tools, Not All Equally Effective • Display Ads – Direct Response and Branding; Search and Social Net Ads • Standard Ad Formats & Rising Stars • Most Sites Offer a Limited Number of Formats • Networks Serve Ads Onto Sites • Precision Targeting – Possible, Essential • Behavioral Effective, Controversial • Other Acquisition Techniques • Events, Publicity, Affiliate, Portal, Viral