Monday, March 31, 2008

… Don’t Get Left Behind Online

The online marketing landscape is rapidly shifting to consumers who are less loyal to big name brands. Disruptive technologies (like comparison quote or booking engines, itinerary and packaging tools) and compelling online marketing with easy and entertaining messages are luring them away and focusing their attention on trying something new. The new shift is to what consumers want: CONTROL.

As we have stated in articles on Web 2.0 and Social Networking trends, consumers and online buyers are becoming increasingly accustomed to freely choosing from many different channels of information before they buy. They choose what is relevant to them. They decide what content is credible. They “pick and choose” tidbits of information that will shape and influence their buying decisions.

Online travel marketing is and will continue to be greatly affected by this shift. Online buyers want a fast-paced, easy to navigate web experience filled with consumer generated content, third-party opinions and relevant facts. Buyers will react to online marketing that uses this approach.  If marketers deliver their messages with relevant content and compelling quick-action experiences, their conversion results will be higher.

As traditional agencies continue to scramble to understand the new media environment, it is shifting yet again. This current shift is yet another wake-up call to traditional agencies that are trying to develop online marketing and media using “old school” strategy. Online web development firms are being left in the dust if they don’t understand this new consumer mindset and the consumer experience both on the web site and in the marketing and media interaction.

Online marketers must continue to develop the Big Ideas, the Big Concepts and the Big Results online to stay in front of the shift and to help shape the next big wave of change.

As digital thought leaders in the industry, we offer the following recommendations to ride the shift that is taking place.

Online Marketing Best Practices for 2008

1) Give the online buyer control and transparency

2) Make their experience quick, easy and FUN

3) Make their experience personal and relevant

4) Target your marketing and media messages with pinpoint accuracy

5) Embrace Web 2.0 and Social Networking in your web site, your marketing and your media programs, and approach all media as one aligned program

6) Move faster and smarter and take the lead. Don’t wait to test something to death. Your competitors will be out in front and you will quickly be old news.

7) Be Quick, Be Bright and Be Gone.  Get to the point with your web content, marketing and media messaging. Forgo long copy and flowery descriptions.

8) Simplify technology to keep it relevant. Bells and whistles are old school.

9) Teach online buyers about your brand. Don’t assume they already know.

Summary

Online marketing will grow to a $60 Billion industry in the next 5 years. Are you tracking with increased goals and results? Do you have the staff, the consultants, and the strategies to not just “keep up” but run ahead of the pack of competitors? 

Knowing how to maneuver through this current shift is important. The newest online landscape may well be littered with the bodies of “old schoolers” as many companies and organizations will never catch up.  The good news is the Internet and digital marketing are still powerful tools that are nimble and able to fine tune and rapidly adjust to changing consumer behavior and market conditions. Combined in equal parts with traditional media and PR, online marketing adds a powerful energy that can lead the next wave of change.

copyright 2008 Leah Woolford. All Rights Reserved.

 

Monday, March 31, 2008 2:18:57 PM (Central Standard Time, UTC-06:00)  #    Disclaimer  |  Comments  | 
 Wednesday, March 05, 2008

 

What new opportunities with 2008 hold for Internet marketers? My predictions are as follows:

 

  1. Web 2.0 users will push back as advertisers try to turn their personal and social commentary into bait to lure online buyers. If your organization is keen on making the most of social networking and community you MUST obey the rules or risk getting called out and vilified online.

 

  1. Subscriptions will replace display advertising in some sites… Subscriptions could take the place of advertising where users are charged a periodic -- daily, monthly or annual -- fee to subscribe to a service. Sites might combine free content with "premium" (i.e., subscriber- or member-only) content. Content is still king.

 

  1. Collaboration is cutting edge… Companies are developing online products “on the fly”. Dell’s Brainstorm http://www.ideastorm.com/  is a very creative way to let consumers develop your next product line for you. Way to go, Michael. Imagine how cool it would be to have consumers help you brainstorm about new ideas for a great winter festival in your destination, or a great new reason to visit!

 

  1. Life Imitates Art… www.secondlife.com, www.vmtv.com and more… if you think this is not a place to explore branding, just talk to some of the highly educated professionals that hang out in these sites. Besides the virtual worlds for entertainment there are other companies developing 3D meeting rooms where avatars take the place of the humans to interact in business or training.

 

  1. Finally Internet TV… way back in the day (1990s) when I consulted with some of the largest Telecoms in the country we all talked about the “set top box”… the way that Internet and TV would finally become one. Back then it was a dream of convergence but in 2008 I predict it will finally be a reality. We all used to say that someday people won’t even have to know how to use a computer to get online : )

 

I would love to hear your comments …

See ya next time…

 

Leah

lwoolford@usdm.net

www.usdm.net

 

Wednesday, March 05, 2008 11:15:00 AM (Central Standard Time, UTC-06:00)  #    Disclaimer  |  Comments  |