TAKE YOUR TECHNOLOGY TO THE LIMIT! 2014 Technology Entrepreneurship Boot Camp Sponsored by Jackson Walker UTSA Colleges of Business and Engineering CITE BootCamp February 2014 1 TAKE YOUR TECHNOLOGY TO THE LIMIT! Marketing 101 By Ryan Kelly, Founder & CEO UTSA Colleges of Business and Engineering CITE BootCamp January 2011 Slide 2 TAKE YOUR TECHNOLOGY TO THE LIMIT! What You’ll Learn Today • Who, What, Where • The Marketing Funnel: Awareness, Consideration, Purchase, Retention • Paid, Owned, Earned, Shared Media • How Online Marketing Works UTSA Colleges of Business and Engineering CITE BootCamp January 2011 Slide 3 TAKE YOUR TECHNOLOGY TO THE LIMIT! Who is your customer? The most important question in marketing! This is also called “persona development” Want to know things like: Industry they are in, Size of the company (revenue or employees), Buying process, Detailed information about the buyers and more. UTSA Colleges of Business and Engineering CITE BootCamp January 2011 Slide 4 TAKE YOUR TECHNOLOGY TO THE LIMIT! What problem am I solving? The clearest path to a sale is to understand and identify the customers problems and pain points – and then tailor a solution around that. UTSA Colleges of Business and Engineering CITE BootCamp January 2011 Slide 5 TAKE YOUR TECHNOLOGY TO THE LIMIT! Where are my customers? What is the potential size of my market? Are my customers online? Where? What websites do they typically read or subscribe to? What kinds of searches (pain points) will they Google? UTSA Colleges of Business and Engineering CITE BootCamp January 2011 Slide 6 TAKE YOUR TECHNOLOGY TO THE LIMIT! Awareness How are people going to find my business? • • • • • • • UTSA Colleges of Business and Engineering Referral WOM Internet Trade Show Social Media Affiliates Etc. CITE BootCamp January 2011 Slide 7 TAKE YOUR TECHNOLOGY TO THE LIMIT! Consideration What about my business will my prospect consider when making a purchase decision? • Do we have expertise around their pain points? • Do we have similar experience in their industry? • Is our pricing and contract terms in line with their expectations? • What do we have to nurture the prospect in case they are not ready to buy? • Do they like us? UTSA Colleges of Business and Engineering CITE BootCamp January 2011 Slide 8 TAKE YOUR TECHNOLOGY TO THE LIMIT! Purchase What can we offer to get the deal done? • What triggers would cause a prospect to buy our product or service? (contract ending, poor results, other frustrations – pain points) • Do we have any specials that may be appealing? (BOGO, Free Trial, etc.) • What is the cost of doing nothing? (another nurturing opportunity) UTSA Colleges of Business and Engineering CITE BootCamp January 2011 Slide 9 TAKE YOUR TECHNOLOGY TO THE LIMIT! Retention After the sale, what do I need to do to trigger a repurchase, or continuing the service as long as possible? • Are we meeting the expectations of the customers? • What kind of education for the customer is required? • Are we providing the best possible service? • Would they recommend us? UTSA Colleges of Business and Engineering CITE BootCamp January 2011 Slide 10 TAKE YOUR TECHNOLOGY TO THE LIMIT! Source: marketing-made-simple.com UTSA Colleges of Business and Engineering CITE BootCamp January 2011 Slide 11 TAKE YOUR TECHNOLOGY TO THE LIMIT! UTSA Colleges of Business and Engineering Media Types CITE BootCamp January 2011 Slide 12 TAKE YOUR TECHNOLOGY TO THE LIMIT! UTSA Colleges of Business and Engineering An Example Using All 4 Types CITE BootCamp January 2011 Slide 13 TAKE YOUR TECHNOLOGY TO THE LIMIT! How Online Marketing Works SEO, or Search Engine Optimization • Google has over 200 indicators in their algorithm that determine how to rank websites. • The first results in an organic listing will get 3842% of all clicks on the page. • The last result will get 1-3% • Choose your keywords carefully, and use them in the right places. • Content is KING. UTSA Colleges of Business and Engineering CITE BootCamp January 2011 Slide 14 TAKE YOUR TECHNOLOGY TO THE LIMIT! How Online Marketing Works http://moz.com/beginners-guide-to-seo/how-search-engines-operate http://www.quicksprout.com/the-advanced-guide-to-seo/ UTSA Colleges of Business and Engineering CITE BootCamp January 2011 Slide 15 TAKE YOUR TECHNOLOGY TO THE LIMIT! How Online Marketing Works PPC, or Pay-Per-Click • An auction-based system that rewards advertisers for quality and relevancy. • What determines how ads appear? UTSA Colleges of Business and Engineering CITE BootCamp January 2011 Slide 16 TAKE YOUR TECHNOLOGY TO THE LIMIT! How Online Marketing Works How ad order in Google AdWords is determined: Source: michaelschuck.com UTSA Colleges of Business and Engineering CITE BootCamp January 2011 Slide 17 TAKE YOUR TECHNOLOGY TO THE LIMIT! How Online Marketing Works Ad Retargeting: placing a cookie on your visitor’s browser, and then triggering relevant ads to them, enticing them to come back. UTSA Colleges of Business and Engineering CITE BootCamp January 2011 Slide 18