Friday, December 10, 2010
The Power and Shortcomings of Facebook Marketing
Advertising on facebook is powerful because it allows the advertiser to target exactly the people you want. In the graph below, it shows the advertising page where you can choose the targeting based on location, demographics and even interest (Yes, the ones you fill in the Interest section)
In the next section, you can choose from even more specific demographics information such as relationship status, language, education and workplace.
And finally, in the pricing section, the advertiser can choose the campaign length and budget, and either pay per inpression or pay per click option for the ad they want to run.
Hearing "privacy is dead" and seeing how it actually is in practice gives people quite different feelings.
However, this seemingly "dream come true" facebook tool for marketers is not with our shortcomings.
In order to test its effectiveness, we created a campaign targeted to a narrowly defined demographics. And then we made a fake profile of a person that fits exactly that profile. But when we log into that account and check the advertising section, we could not find our own campaign, because the ad section is bombarded with irrelevant ads that are apparently of no interest for our fictional character, making the really relevant ads (such as ours), unable to be seen.
So I guess the model only works when all advertisers understand their target segment well, and all set clearly defined targeting parameters when running their campaigns, which is a quite unlikely scenario.
Thursday, December 9, 2010
Event marketing
How to Leverage Facebook and Your Event Marketing
Facebook versus Google
These days there seems to be a ton of press attention on the Google versus Facebook War for World Internet Domination. What you need to understand is how the two services differ from one another . . .
The Google Search
Google is like a consumer research tool. People using Google tend to be looking for specific information and their efforts focused on a set of keywords. It’s pretty simple, you enter a search phrase, "outdoor events Rochester" and Google generates results. After the results are presented, you click on the most interesting relevant link. Obviously if you're an event organizer, you want you listings to be ranked high and appealing to click on. How people find information on Facebook is different methodology.
The Facebook Game
Facebook is much more of a leisure environment . . . people check wall and status updates, look at pictures from friends, message, etc. Let's be honest, most people don't sign on to Facebook to be productive. Facebook foundationis built upon massive amounts of user content (pictures, videos, posts). That's what makes it so attractive. Who wouldn't want to see what their friends are up to?
But there is a downside to Facebook’s super media rich environment. Humans can only process so much information at one time. Even with a dedicated event page on Facebook, you're still competiting against all the other social noise. On Facebook, it is very easy to be avalanched with too much information. That distraction ultimately dilutes your event marketing efforts.
My strong suggestion is to leverage your Facebook presence to push people to your event web site. Why get people to click off Facebook? Because when people get to your event web site, you’re in control of their attention.
Social Media Conversations
Facebook offers a great way to carry on a conversation with your target market. It’s embodies the essence of social media. Use commeting to promote interactive event marketing . . . You post on your event and then people can comment. Facebook’s post and comment feature is also great way to conduct market research. If you’re thinking of trying something new or different with your event, you can post it and let people give feedback. Use the conversation feature to your advantage.
Leverage Facebook and Your Event Web Site
Here’s a suggestion to bridge your Facebook presence with your event web site. When you post about your event on your wall, make sure to include a link back to your event web site. You can write something like, “We just announced the performer line for this year’s show, Check it out – LINK TO PAGE.” Do you need to include a link with every post? No. Your overall focus should be on posting quality content.
Remember, you need to grab people’s attention and give them a good reason to click!What’s even better is if you create a post with a link and get people to “Like” it and leave positive comments. That gives people even more reason to click through. At that point you're in much better control of the user's attention.
The Ability to Track
Another advantage of using Facebook wall post links to your site is the ability to measure the effectiveness of your marketing efforts. A quick look at your web stats will tell you how much traffic you’re getting from Facebook. If you have goals setup you can also track back how many signups or ticket purchases Facebook is creating.
There are several other ways to promote you event on Facebook, but the principles are nearly universal. Your marketing efforts on Facebook (or any social media) should be based on building a relationship with your target market . . . Find out what they want and give it to them. Regardless of technology, the principles and fundamentals never change.
Tuesday, December 7, 2010
Buy Gold at vending machine
Monday, December 6, 2010
Leverage dedicated FAN's passionate power
http://www.facebook.com/album.php?profile=1&id=108948288024#!/cocacola
As an eMarketer who studied under Prof. Sugai, I hereby pledge to create an innovative, powerful and reliable solution like this benchmark for the leading marketing tool in the future!
What's hot in Japan?
Smartphones have sweeped Japan... where they took time to take hold.
While it may be no surprise that the smartphone topped the list, some of the trends that swept the country came high.
Most notable was taberu raayu, formerly a spicy oil to go with soy sauce for gyoza but now including garlic and other ingredients so it can be added on rice.
Tech products feature strongly, while the power of TV dramas helped figures dead and alive boost their profile.
Top 20 hit products 2010
No. 1: Smartphones
No. 2: Twitter
No. 3: Munchable chili oil (taberu raayu)
No. 4: Digital broadcasting-equipped flat-panel TVs
No. 5: Ryoma Sakamoto (1836-1867; popular historical figure whose profile was raised by TV Drama "The Legend of Ryoma")
No. 6: International flight services at Haneda Airport
No. 7: Tokyo Sky Tree
No. 8: Eco-point energy-saving home appliances
No. 9: 2010 FIFA World Cup in South Africa
No. 10: LED light bulbs
No. 11: “B-grade” local gourmet food (inexpensive food in a casual setting)
No. 12: Akira Ikegami (journalist and commentator)
No. 13: Domestic fast fashion brands (low prices brands like UNIQLO)
No. 14: GeGeGe’s Wife (TV drama based on the 2008 autobiography by Nunoe Mura, the wife of manga artist Shigeru Mizuki, known for his manga character GeGeGe no Kitaro, a ghost boy who saves the world from evil spirit monsters)
No. 15: 3D movies, TV, cameras and other 3D products
No. 16: Hybrid vehicles
No. 17: Imported fast fashion brands (Forever 21, H&M etc.)
No. 18: AKB48 (48-member all-girl idol group)
No. 19: Tablet information devices
No. 20: Yoichi Watanabe (war photographer and popular talk-show guest)Source: www.cnngo
The Future of Vending Machines in Japan
However, sales revenue has constantly decreased, which suggests that the market is reaching the saturation point. Therefore, many companies, who produce vending machines, has come up with new ideas for the vending machines. One of them is the interactive vending machine that prof. mentioned in class. Another interesting idea is to sell fresh fruits via the vending machines.
They are all hoping that these innovative ideas will help stimulate sales revenue to rise again.
Enjoy watching!!
SoftBank CM and Rakuten ICHIBA CM
SoftBank CM
Rakuten ICHIBA CM
How about do you feel? I feel that both CM are quite difference such as love story and comedy story. however, I feel that both CM have impact and message. Both companies will continue to create new market or new service. Anyway, I want to say," thank you for your check and kindness". See you final presentation.
The Internet Innovator in Our Community
Sunday, December 5, 2010
About Future of Marketing and Technology
My point is that different people have very different views on future technologies :)
Friday, December 3, 2010
Internet Privacy in the News
http://bits.blogs.nytimes.com/2010/11/03/google-settles-suit-over-buzz-and-privacy/
http://www.nytimes.com/2010/12/02/business/media/02privacy.html?partner=rss&emc=rss
The first one is about Google settling a class action law suit brought forth by users of its Gmail service. The users sued last year when they discovered that their network of Buzz “friends” was created from their list of Gmail contact.
The second article is on the new plan proposed by the Federal Trade Commission of the U.S., to protect the privacy of users online. The plan calls for a broad framework for commercial use of Web consumer data, including a simple and universal “do not track” mechanism that would essentially give consumers the type of control they gained over marketers with the national “do not call” registry.
Future Trends of Marketing: eMarketing and CSR, The Dynamic Duo
Based on this article : http://www.prospects.ac.uk/industries_advertising_future_trends.htm about future trends of marketing, we can see that the future of marketing as general moves in to two directions: eMarketing and Corporate Social Responsibility (CSR). These two marketing strategy are believed to be the future key to success of a company. I was just wondering what if we combine these two strategies and come up with a more powerful way of marketing. Fortunately and unfortunately for me there are some company that have already applied and combine these two.
PayEasy.com. is one of the companies that applied these two strategies together. To help Taiwan’s rice farmers, PayEasy cooperated with Taiwan Rice Farmers Co., Ltd. (“TRF) founded by seven counties/cities and 43 professional farmers, initiated rice paddy adoption program – “My Acre of Rice Paddy” with domestic businesses, which established a new marketing platform for the rice farmers with actual actions and resulted in enthusiastic feedback. Within only two months, nearly seventy businesses have jointed the adoption program; the fading Taiwan rice industry seems to have found a slim chance of survival from the adoption program. Nevertheless, this is not the first time PayEasy applies its capability in online marketing to connect the specialties of profit-seeking businesses and social contribution to properly perform its social responsibility. For more complete article visit: http://csr.moea.gov.tw/en/articles/files/Sep%20Article%28English%29.pdf
Japanese Sake Industry
Some findings:
Did you know?
Semantic Web
Web 1.0 Vs Web 2.0 Vs Web 3.0
Future Internet and Google
Google Search Engine Now Detects Bad Businesses
However, it is a bit challenging to know the move Google made.
For more information, please visit here.
Cheers...
Create your own Health Summary Page!
http://www.lifetimehealthdiary.com
Social Media Consolidation
Alibaba's plan for commercial bank
Alibaba Commercial Bank of Zhejiang Province, which has received investment from Alibaba Group, has reportedly passed the inspections of the People's Bank of China (PBC), China's central bank, and the China Banking Regulatory Commission (CBRC), and will soon receive official notification to this end.
It is reported that Alibaba which has abundant transaction information for small and medium-sized enterprises doing business on the Internet, has unique advantages in providing financing support.
This news makes me exciting because it shows how the data and information collected through e-business can be transformed into valuable support for credit risk assessment in practice. It may also an example for solution to SME financing support.
Thursday, December 2, 2010
The Future of Shopping
This video is Cisco Borderless Networks solution for near future.
It can help you:
- Maximize participation by connecting your partners, customers, and workforce, anywhere, anytime, on any device - securely, reliably and seamlessly
- Accelerate business innovation while managing costs
- Deliver a more personalized experience to encourage customer intimacy
- Save time and money with simplified planning, implementation, and operations of physical and virtual resources
Reasons Why Your Social Media Marketing Failed (7 Reasons and counting...)
7 Reasons:Your social media marketing failed..
What Does Technology Want? - Radiolab
The Future of eMarketing: Holographical Marketing
I believe the next trend in eMarketing (and marketing in general) is how to use 3D projecting systems to create exciting campaign that enhances better visual value - and but the way when we say 3D is not the TVs, but real 3D image that people can walk around and see (see the link here to find out what is capable today).
With 3D Holographic technology becomes more mature, and combine with the current technology to tailor and personalize information for users today. This combination can be a very unique way of delivering product value to consumers.
Surveillance VS Privacy
RFID is a great technology's been using efficient SCM. However, what if it's used for human being? Today, it has been using at a night club.
In the future, RFID may be used in a medical field to exchange the date and identified a right patient in order to prescribe a medicine. Once we start RFID for medical field, we don't need to see a doctor so often. It's convenient. Moreover, it can be used for people who has criminal records, and it may help to prevent crimes. We may make the world "safer."
However, there are always pros and cons, and it's controversial issue.
What do you think about to implant a microchip to human body? Is this a future?
Virtual Game
This video is funny, enjoy watching it!!
HK Headhunter's "after sales" service
Wednesday, December 1, 2010
AVATAR
Conversation Marketing
Smart Grid - important future trend for eMarketing
US businesses and entrepreneurs are thinking of ways to make money by decreasing American dependency on oil through a smart grid system. These new technologies and intelligence would provide a whole new playground for companies to gain consumer information and to target customers with personalized ads.
Reporter Fears Life Over Tweet
Introducing Google TV
Please check it.
How about do you feel? I feel that Future trend of e-marketing continue to think about costumer need. We also have to consider about customer needs.