Showing posts with label tactics. Show all posts
Showing posts with label tactics. Show all posts

Sunday, July 24, 2011

Brand+Content+Frequency+Recency+Distribution=Digital Success

All Elements Are Keys To Digital Brand Success

By David Miranda

Brand

A brand is not a logo, URL, or name. It is short hand for communicating your entity's personality to your target audience.. Think what comes to mind when you consider Starbucks, Coke, YouTube, Apple, etc. What is your brand identity? Ask others and see if it matches your definition.

Content

Whether you are an aggregator of the content of others or create your own, it must be relevant to an audience other than yourself and it must be updated regularly to keep people's interest.

Frequency

How often does your audience interact with your digital properties? The more frequently, of course, the better. Frequency shows you are doing something right.

Recency

Recency measures the time between interactions. Someone, for example, may interact with you 12 times digitally, it is better to have this interaction over a week rather than over a year.

Distribution

Unless you have a pile of money, distribution is the key to generating, sustaining and growing traffic. This is a complex undertaking that requires a clear strategy, measurable tactics, and relentless experimentation. Organic search optimization, paid keywords, affiliate marketing, social media, link sharing, etc. requires the guidance and expertise of specialists in the field. It is not for novices.

In summary a successful digital brand strategy demands relentless oversight. Success goes to the the vigilant.

Thursday, July 3, 2008

"Catch And Release" - Good For Fishing, Bad For Marketing

Too Many Businesses Are Letting Customers "Off The Hook"

By David Miranda

I was watching a recent professional fishing tournament on ESPN.

It was clear that understanding the venue and environmental conditions played a critical role in where fishermen fished, what lure they used, and what techniques they employed to catch more (and bigger) fish than the other competitors - and it had to be the "right kind of fish". The telecast followed many anglers as they tried various locations, lures, and techniques to find the right formula. The winner was determined by the heaviest catch at the weigh-in. A deft combination of strategy, tactics, past experience, local knowledge, and state-of-the art technology were obviously keys to success.

Marketing and fishing have a lot in common.

The fishing venue reminded me of the marketplace and the fishermen were, of course, marketers. Marketers are always fishing for the right type of customers in a highly competitive environment. Depending on the prevailing conditions, they develop strategies and tactics employing a combination of lures, techniques, and technology seeking the right formula to catch the most consumers. Like fishing, good intelligence and past experience are important success factors.

There is, however, a major difference. Anglers "catch and release", but marketers need to "catch and retain".

In marketing today, there is too much emphasis on the "catching" and too little emphasis on the "retaining" since retained customers will "spawn" new ones.

Catch and retain - spawn new business.