Title: Web Science Stream
1Web Science Stream
- Strategies for Marketing, Sales, and Promotion
2Creating an Effective Web Presence
- Businesses always create a presence in the
physical world by building stores and office
buildings. - The only contact that customers and other
stakeholders have with a firm on the Web is
through its presence there. - Creating an effective Web presence can be
critical even for the smallest and newest firm
operating on the Web.
3Why is it so important?
- 97 Million People Online
- 7 Trillion This Year
- 50 Times More Than 1999
- 1 Billion Emails Each Day in US
- Doubling Every 17 Months
- Within 5 to 10 Years expected to double every 11
Hours
4The situation today
5Online vrs Traditional marketing
- Consumers Want Time Savers
- Education Research
- People Communicate Differently
6Revenue Models
- Web Catalogue Revenue Models
- Digital Content Revenue Models
- Advertising Supported Revenue Models
- Advertising-Subscription Mixed Revenue Models
- Fee-for-Transaction Revenue Models
- Fee-for-Service Revenue Models
7Web Catalogue Revenue Models
- 130 year old idea
- Mail Order catalogue revenue model
- Seller
- establishes a brand name
- using brand strength to sell through catalogs
- order via a toll-free number or website
- important for the web-weary
- Computers, consumer electronics, books, music,
videos, luxury goods, clothing , flowers and
gifts - http//www.amazon.com
8Digital Content Revenue Models
- Reduction of Printing costs
- Reduction of fees charged
- Examples
- Legal research tools
- Doctoral dissertations and masters thesis
- Journals and Books
- First pioneers where sellers of adult digital
content! - http//search.epnet.com/
9Advertising Supported Revenue Models
- As used by network televisions
- Sales grew by 1998 but reached a plateau in 2000
- Now improving gradually
- Major problems
- No standard for advertising charges
- few web sites have enough visitors to interest
advertisers - Examples Web Portals, Newspaper publishers,
Niche Market sites - http//www.timesofmalta.com/
10Advertising-Subscription Mixed Revenue Models
- Subscribers pay a fee and accept a limited amount
of advertising - Used by distinguished newspapers
- New York Times
- Wall Street Journal
- Others provide free access to recent news but
charge a fee for archived news - Others require subscription to print version for
access to entire site - http//www.nytimes.com/
11Fee-for-Transaction Revenue Models
- Fee charged based on number/size of transaction
- Disintermediation
- removal of middle-men in selling
- ReIntermediation
- Use of fee-for-transcation sites in selling
- Examples
- Travel Agents
- Automobile Sales
- Stockbrokers
- Insurance Brokers
- Event Tickets
- Real Estate and Mortgage Loan Brokers
- Online banking and Financial Services
- http//www.hsbc.com.mt/
- http//www.bov.com/
12Fee-for-Service Revenue Models
- Fee charged based on value of service provided
- Examples
- Online Games
- Streaming of Concerts and Films
- Professional Services
- limited by state-licensed professions
- http//www.java.com/en/
13Revenue Models in Transition
- Subscription to Advertising-Supported
- Microsoft Slate Magazine
- Advertising-Supported to Advertising-Subscription
- Salon.com
- Advertising-Supported to Fee-forServices
- XDrive
- Advertising-Supported to Subscription
- Northern Light
- Multiple Transitions
- Encyclopedia Brittanica
- info-seller to advertising-supported to
advertising subscription models
14Revenue Strategy Issues
- Channel Conflict and Cannibalization
- competition between different selling channels
- Strategic Alliances and Channel Distribution
Management - companies join in an activity over a long period
of time (Amazon) - web portals and web services
- Mobile Commerce
- Growing, but not as fast as expected
15Identifying Web Presence Goals
- On the Web, businesses have the luxury of
intentionally creating a space that creates a
distinctive presence. - A Web site can perform many image-creation tasks
very effectively, including - Serving as a sale brochure
- Serving as a product showroom
- Showing a financial report
- Posting an employment ad
- Serving as a customer contact point
16Achieving Web Presence Goals
- An effective site is one that creates an
attractive presence that meets the objectives of
the business or other organization. - Possible objectives include
- Attracting visitors to the Web site
- Making the site interesting enough
- Convincing visitors to follow the sites links
- Creating an impression of corporate image
- Building a trusting relationship with visitors
- Reinforcing positive images of the organization
- Encouraging visitors to return to the site.
17The Toyota Site
- The Toyota site is a good example of an effective
Web presence. - The site provides
- A product showroom feature
- Links to detailed information about each product
line - Links to dealers
- Links to information about company
- http//www.toyota.com/
-
18Quaker Oats
- Quaker Oats has created Web sites that did not
offer any corporate presence until 1999. - In 1999, Quaker Oats changed its Web page to
improve its general appearance and
user-friendliness. - The Toyota and Quaker Oats examples illustrate
that the Web can integrate an opportunity for
enhancing the image of a business with the
provision of information. -
19Quaker Oats in 1998
20Quaker Oats in 2002
21Quaker Oats in 2002
22Not-for-Profit Organizations
- A key goal for many not-for-profit organizations
is information dissemination. - The combination of information dissemination and
a two-way contact channel is a key element in any
Web site. - The American Civil Liberties Union and American
Red Cross have created effective Web presences. - Political parties and museums also use Web site
for their image presences. -
23How the Web is Different
- The failure to understand how the Web is
different from other presence-building media is
one reason that businesses fail to achieve their
Web objectives. - Firms must use the Webs capability for two-way,
meaningful communication with their customers.
24Meeting the Needs of Web Site Visitors
- Businesses that are successful on the Web realize
that every visitor to their Web site is a
potential customer. - Creating a Web site that meets the needs of
visitors with a wide range of motivations can be
challenging. - Technology variation can be another concern to
Web presence.
25Meeting the Needs of Web Site Visitors
- A good Web site should give the visitor the
option to select smaller versions of the images. - A good site design lets visitors choose among
information attributes, such as level of detail,
forms of aggregation, viewing format, and
downloading format. - Flash Debate
26Trust and Loyalty
- When customers buy a product, they are also
buying that service element. - A seller can create value in a relationship with
a customer by nurturing customers trust and
developing it into loyalty. - Customer service is a problem for many corporate
sites. - A primary weak spot for many sites is the lack of
integration between the companies call centers
and their Web sites.
27Customer-Centric Web Site Design
- Design site according to visitors navigation,
not company organization - Avoid jargon and business terms
- Cater for low-end clients
- Consistent features and colours
- Visible text and navigation controls
- Test colour combinations for colour blind
visitors
2810 Marketing Tips
- Grab em
- Dont mix messages
- Feature a call to action
- Retain your branding
- Make it easy to contact you
- Use expected colors and imagery
- Optimize for search engines
- Feature testimonials
- Focus on the visitor
- Adopt a privacy policy
29Grabem
- A good headline
- Is focused on the visitor, with words such as
you and your - Is the dominant element on the home page
- Appears larger than even your logo, company name
or tagline
30Dont mix messages
- Be clear
- Feature what you offer
- Use pictures
- Use relevant text
- Link directly from those images on the home page
to detailed pages with extensive information and
more pictures
31Always observe the 1-2-3 rule
- 1 2 3 Im Outta Here!
- Can visitors find whatever they want within 3
clicks? - Based on experimental results.
32Feature a clear call to action
- Tell the site visitor, on the home page, exactly
what you want them to do - Visitors will read your site content at length if
it answers their questions - Be sure to ask for the business at the end of the
page or article (get to the point)
33Retain your branding
- Building upon your existing brand identity is key
to - immediately establishing trust
- These elements need to be consistent with your
brands off-line identity - Brand logo
- Brand name
- Key messaging
- Graphics
34Make it easy to contact you
- Your visitors dont want to dig for the basics,
so make sure its easy to find the following - Telephone numbers
- Contact forms (mini and full)
- E-mail links
- Physical address of your place of business in an
easy to copy format
35Make it even easier to contact you
- E-mail Signature w/ Contact
- Hyperlink to Your Site
- Peak Interest w/ Free Offers
- Focused E-mail Subject Line
36No surprises
- Use industry-appropriate color and imagery
- Give your visitors what they expect exactly as
they - expect it
- Dont attempt to re-brand your industry
- This is your opportunity to be consistent and
professional at the beginning of the sales
process
37Optimise for search engines
- Search engine optimization is the art and science
of increasing your websites visibility in the
major search engines across a strategically
defined set of keywords and phrases that apply to
your products or services - An estimated 77 percent of Internet users employ
search engines to find Web sites - 20,000 Search Engines Directories
- If you are not listed on Google or Yahoo, you
are invisible - It doesnt matter how well known your brand is!
- Visitors will not guess your site name but will
go through Google or Yahoo just to be safe
38But how to market to Search Engines?
- Unique Content
- Links to Your Site (ask!)
- Design Fundamentals make a difference
- Top Search Engines by Search Share, January 2005,
U.S., Home Work - Search Engine Searches in thousands Share of
Total Searches - Google Search 1,923,153 47
- Yahoo! Search 868,174 21
- MSN Search 523,188 13
- Total 4,085,880 81
- Note Searches are the total number of queries
conducted at a search engine during the
specified reporting period, excluding internal
site searches.
39Search Engines count in links
- Search Engines measure popularity through links
- Dont be a copycat unique content matters
40Speak the Search Engine language
- Find out what you are saying to the search
engines - Keyword Density
- Bloggers Linking to you?
- Test Your Web Site Herehttp//www.schipul.com/en
/sem/keywords/
41Buy your way to the top
42Get a hand from popular sites
- Often overlooked quality links
- Make sure your link is done right!
- Organization sites typically rank well.
43Feature Testimonials
- Assure visitors that you are a real company
with a solid reputation - Gain client approval to use a quote
- Even better, use client logos and link to their
Web sites - Never assume that everyone knows you want their
business
44Focus on the visitor
- Cater to what the visitor wants and needs from
your site, then give it to them - If you are a association, offer online
registration and - case studies
- If you are a plastic surgeon, offer dynamic
before-and-after photo galleries - If you are targeting the younger generation,
offer games - or social software tools (myspace.com) that
feature your brand
45Adopt a privacy policy
- Respect the privacy of your site visitors with a
- privacy policy
- Link to a written privacy policy at the bottom of
- every page
- Be sure policy is written in normal language,
- not legalese
46Come back
- How to make people return to your site?
- Whats New Section
- Ask The Expert or FAQ
- Testimonials
- E-Zines (information rich focused)
- Giveaways, Surveys Contests
47E-Zines
- E-Zinez.com EzineQueen.com
- Speed to Market
- Low cost No Cost Low Risk!
- Wide Distribution
- Easy Effective
- As easy as
- A) Copy Format Text
- B) Cut Paste Your Message
- C) Test Send BCC
48E-Zine Subscribers
- Existing Customer Database
- Give something For FREE
- Opt-in Sign Up On Web site
- Buy E-mails From List Companies
- Articles Featuring Your Expertise
- Publicity
- Post On E-zine Directories
49Website R.I.P
- Dead Links
- Site or Page Under Construction
- Too Many Fancy Graphics/Gadgets
- Backgrounds Take Too Long To Load
- Mixed Messages and Scroll Bars
- Burying Your Message
- Overall Unprofessional Image
50Time for time travelling
- Thanks to the Way Back Machine
- http//www.archive.org/web/web.php
51WayBackMachine
52Analysis
- Is the website effective?
- Is/can it being promoted?
- Are there signs of branding? Which?
- Visitors
- What are their needs vis-à-vis the organisation?
- Does it meet them?
- How is trust and loyalty being boosted?
- How is it reaching customers?
- Is it saving them time?
- Does it cater for different customers
(Personalisation)? - Is it usable? Why?
- Is the company diversifying or focusing on core
business? - What business model is being used?
- Web Catalogue Revenue Models
- Digital Content Revenue Models
- Advertising Supported Revenue Models
- Advertising-Subscription Mixed Revenue Models
- Fee-for-Transaction Revenue Models
- Fee-for-Service Revenue Models
53Questions?