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What does marketing mean to you in 2010?

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3:54 pm
April 13, 2010


Edmond – Ideas Forum, Spotlight Ideas

Admin

posts 216

 
1

What does marketing mean to you in 2010?

8:38 pm
April 13, 2010


Julie

Cincinnati, OH USA

Member

posts 15

 
2

The increasing availability and use of technology coupled with the economic realities of 2010 are focusing business owners' expectations of marketing efforts from the abstract to the concrete more than ever before.  Where abstractions like brand recognition, brand awareness and positioning and brand identity used to be worthy results of marketing efforts in and of themselves, the measure of success or failure of marketing has shifted much more now to analytics and, ultimately, revenue.

Advances in technology have now made the gathering of information and marketing results tracking easier than ever before, and are providing marketers more insight into how people make purchasing decisions.  As a result, companies are demanding measurable, quantifiable results from their marketing expenditures to a degree that was not even possible before.

But website traffic, email click-throughs and blog or Twitter followers alone are not enough– if the traffic, click-throughs and followers do not convert into sales, then ultimately the marketing campaign has failed.

So in 2010 and beyond, they key is not marketing harder and spending more, but marketing smarter and more effectively, so that prospects and site visitors actually convert to paying customers.  Luckily, technological advances are also making it easier and cheaper to target efforts appropriately, so savvy marketers can easily differentiate themselves from their less able counterparts by getting results.

4:55 pm
April 16, 2010


Andy Online

UK

Member

posts 13

 
3

By “marketing”, I assume that you are relating this question to global web marketing rather than localised goods and services marketing – which also has a place on the web. In either event, the key to good marketing is effective advertising, and I saw another post on this forum debating the merits of advertising being entertaining rather than educational. I agree (btw) with the poster who raised the point about having a good laugh about the subject matter, and completely forgetting the brand that the ad represented.

Advertising should be consistent and focused in one or two specific and relevant areas that you (or the company representing you) is good at establishing a profile in. To me, the time devoted to trying to compete with “big” brands, massive marketing machines and the millions using social networking to promote anything and everything is not rewarding.

It boils down to a money/time equation, and time well spent in isolating the correct channels for your advertising and marketing, is the key for marketing in 2010.

Once I have found it, my successful marketing strategies are going to be based around affiliates. There are plenty out there producing niche web sites that would match the quality of any of the sites with a seemingly endless SEO budget, and these not only offer me the opportunity for some free brand recognition, but also I only pay when I get results. Let everybody else battle for the space in cyberland and I will just focus on producing the content – I believe that was the point that Julie (above) was trying to make about working smarter and more effectively, and I agree!

12:51 pm
April 20, 2010


thegaffa

edinburgh

Member

posts 8

 
4

Speaking from a creative perspective, my role has and is dramatically changing, mainly in terms of offerings to clients. Online skills are vital now and knowledge of whats out their for clients is also essential.

the percentage of advertising online will continue to increase rapidlythis year but a lot of clients are still reluctant to spend too much cash and this trend will continue for the year i think, making it another tough one.

More and more companies are also taking design and build in-house,esp the larger ones I can only see this increasing and margins becoming tighter as the clients gain more knowledge and control over their own marketing.

sorry to paint such a bleak picture but I say it as I see it and how i'm experiencing it.

7:48 pm
April 24, 2010


Stacy

Member

posts 17

 
5

The fundamental nature of marketing isn't going to change–it's about determining what products and services hold value for your customers, and how to obtain value from your customers in return. I agree with Julie; the key is to market smarter, using existing and emerging technologies, to convert traffic to sales.

 

There are lots of "systems" out there that purport to take advantage of "web 2.0" technologies to help with marketing. but as Julie suggests, having thousands of Twitter followers does you no good if none of them buy what you have to sell. Being in the top SERPs also does no good if it doesn't translate to sales.

 

Web 2.0/3.0 technologies can help in a marketing campaign, but the focus has to be on creating value for the customer as well as advertising the product. Andy has it right–focus on producing the content first. Then worry about getting the search engine rankings.



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What does marketing mean to you in 2010?

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