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ON-LINE BRANDING
We've learned through years of conducting research that the
most important part of getting the right answers is asking good
questions. Being specific about what you want to find makes
the job of finding it a whole lot easier.
The
same is true for e-marketing. You have to figure out what you
want to accomplish before deciding what strategies, tactics,
and success metrics are appropriate. Investing time and energy
in developing specific, achievable objectives is the first crucial
step to e-marketing success.
Generally,
e-marketing objectives fall into one of two categories -- direct
response or branding. Direct response means trying to get people
to do something, like visit a site, register, or buy stuff.
Branding means inspiring people to think or feel a certain way
about a product in the hopes of inducing or increasing product
purchase and loyalty.
When
asked about their online objectives though, few people say "direct
response." They are usually more specific than that. Even
if they are using a metric as rudimentary as click-through to
gauge success, most people set out to accomplish particular
goals, like driving traffic or acquiring customers.
But
often I do hear people say that their online advertising objective
is "branding," as if the answer was sufficient. But
branding is not one thing. Just like direct response, there
are different kinds of branding objectives that dictate very
different strategic and tactical approaches. So if your goal
online is branding, it's important to make disciplined choices
about what your specific branding objectives actually are.
Online
branding usually focuses on one or more of the following areas
and ACTERION covers them all:
Awareness.
Generally, people won't buy your product unless they first know
it exists. Driving awareness is crucial for selling new products
or selling new attributes of well-known ones. Industry research
shows that overall, online advertising increases awareness by
about six percent. But if you are promoting a mature brand with
high existing awareness, like Coca Cola, you can't expect your
online marketing efforts to move the brand awareness needle
much at all.
Message
association. When you think of a coffee that is "good to
the last drop," what brand do you think of? I bet you said
Maxwell House. Kraft has spent millions getting you to associate
that message with its commodity product and has built a lasting,
profitable brand in the process. Message association is closely
tied to brand perception. Avis says, "We try harder,"
and GM tells you that "It's not your father's Oldsmobile."
These aren't just slogans -- they are statements meant to position
products in consumers' minds. In our experience, the best way
to increase message association on the web is through high frequencies
of simple, uncluttered ad units or sponsorships of content tied
to a brand's message.
Purchase
intent. In an ideal world, we would be able to measure how much
individual online ad units lead to increases in actual sales.
But because this can be very difficult, especially for items
bought offline, correlating advertising exposure to whether
people plan to purchase a product is the best data we can get.
There
can be a big difference between what people say they will do
and whether they actually do it. But we have developed benchmarks
that can be pretty accurate in determining how many sales will
result from increases in attitudinal metrics like purchase intent.
Purchase intent isn't a perfect metric, but it can be very useful.
Each
of these specific branding objectives can drive different online
marketing strategies and tactics.
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