Channel Design Market Entry & SEO Global Innovation Management Recap • Quizzing: Ssearch for the 2-3 attributes that define your product to the customer; – The ‘core’ attributes (features) • Visualization: Explore architecture of component assembly and attribute expression; draw the product • Product Attribute Map: How do customers perceive each of your 2-3 ‘core’ features or attributes • Consumption chain: What are potential marketing channel activities and their target customers • CC attribute map for each activity to identify what should be managed, and where costs are incurred Global Innovation Management Quiz Global Innovation Management Visualize Global Innovation Management Choose 2-3 Features of your Product or Service Basic Discriminator Energizer Positive Nonnegotiable Differentiator Exciter Negative Tolerable Dissatisfier Enrager Neutral So What? Parallel Global Innovation Management Define Your Channels L ea v e What costs will you have to manage in your Channels? Continue Global Innovation Management Understand where your Options Fit Global Innovation Management The most important sales are your first three sales • Your first three sales of any particular combination of features that you envision for your innovation should be seen as qualitatively different from all other sales • They not only provide you with your first real feedback on the innovation; • but they also provide the basis for word-of-mouth and viral marketing, both good and bad Global Innovation Management Lead-steer customers • Who should you choose as your first three customers? • Lead-steer customers are opinion leaders in their industry, who are likely to be well regarded by their peers. • Corporations like those on the "most-admired" lists published in magazines such as Business Week are prime candidates for lead-steer customers. • Individuals who represent a segment that is highly desirable to you might be more appropriate for your particular innovation. • The objective is to use these customers' enthusiasm about your innovation and business model to Global Innovation Management Your first 3 Customers are your Most Important! • They should be Lead-steer customers – – – Opinion leaders in their industries Highly regarded by peers Customers with blogs, review or other sites • These will help you to test your assumptions about attribute maps and consumption chains Global Innovation Management When to be a ‘First Mover’ • Many dot-com investments were predicated on getting the money to become a ‘first mover’ in a field – In order to compete for ‘eyeballs’ (network effects) – Faith in the ‘first mover advantage’ is usually misplaced Global Innovation Management Competitors cannot let your Entry go Uncontested • Other firms in your market, or producing substitutes for your product – Will try to limit your success in the best way they can. • Depending on the scale of their business • And their commitment to this market Global Innovation Management Who are your Competitors? How do you expect them to respond to your entry? • State why you categorize them as such • Usually because of their market power, the coreness of the product to their capabilities, and their interest in this market Capacity to produce Capacity to produce is High is Low Commitment to Sleeping Dogs enter market is Low (track them) Bystanders Commitment to enter market is High Combatants Skirmishers (Your main focus) (selective in their responses due to resource limits; monitor) (monitor) Global Innovation Management Things to Think about in Going Mobile Global Innovation Management Fixed vs. Mobile Platforms • Why are fixed and mobile platforms not the same? Fixed Mobile Mobile CPU (ARM) Microsoft Apple Google Open Source Win 8 (Intel) Win RT Qualcomm Snapdragon, TI OMAP, Nvidia Tegra OS X (Intel) iOS Apple Cortex AX; Samsung ARM RISC Chrome (Intel) Android Qualcomm Snapdragon, TI OMAP, Nvidia Tegra Linux (Misc) Firefox / Android Qualcomm Snapdragon, TI OMAP, Nvidia Tegra Global Innovation Management Event-driven platform Global Innovation Management Event Sensors: Global Innovation Management Where do you Build your Apps? Global Innovation Management Google Analytics • Google has tried to integrate their reporting for Fixed and mobile platform AdWords and traffic analysis • http://www.google.com/analytics/features/m obile.html • So the same approaches used for Search Engine Management can work across all platforms Global Innovation Management Google Analytics • • To see mobile keywords in Google Analytics, go to Audience > Mobile > Overview in the right hand nav. Now filter to exclude (not set) and (not provided) and include only mobile keywords. Global Innovation Management Google Keyword Tool • The Google Keyword Tool is the only mobile-only keyword tool that gives you mobile-specific keywords that you’re not already optimized for if you enter a URL, category or keyword. • In the Google Keyword Tool, select all mobile devices in the Advanced Options and Filters, and you’ll get keywords from tablets, smartphones and feature phones. You also have the option to select only smartphones and tablets, or only feature phones. Global Innovation Management Google Keyword Tool Global Innovation Management Bing Ads Intelligence • Bing Ads Intelligence can’t generate mobile keywords as the Google Keyword Tool can, but it’s the only tool that can estimate tablet search volume. • Take the list of mobile-specific keywords that you’ve compiled so far and run a customized traffic report in Bing Ad Intelligence, selecting Smart Phones, Non-smart phones (i.e. feature phones) and Tablets. Global Innovation Management Bing Ads Intelligence Global Innovation Management Bing Ads Intelligence • The data can be used to ensure Google data is accurate, and to give a second look to keywords that appear with a lot of volume in Bing, but not in Google. • Bing Ads Intelligence also allows you to get demographic info on your mobile users, which can be helpful if you’re building personas and you want to compare mobile personas with desktop. Global Innovation Management App Keyword Research Tools • Neither Google nor Apple have a keyword tool for Apps, so if you are doing app store optimization it’s a little more difficult to get what you’re looking for. • The best place to get official information on app keyword popularity seems to be the engines themselves, which offer app-specific keywords in the autosuggest for their search engines. Global Innovation Management Mobile % of Total Traffic Report Global Innovation Management Queries by Platform • • The Google Webmaster Tools mobile search queries report is good because it allows you to compare your desktop queries with your mobile queries and discover differences in the search behavior of users accessing your site from different devices. To do this, simply download your Mobile and Web CSVs by using the filter in the search query report and downloading the tables that appear. Global Innovation Management Mobile/Non-Mobile Tag Cloud from tag cloud generator like TagCrowd • versus Global Innovation Management Paid Tools • There are also paid tools available that help you get a better sense of popularity in a keyword tool format, such as MobileDevHQ. Global Innovation Management SEO Innovation Workout #1 The Cost of Three Keywords Global Innovation Management Your Task Return to Zipf’s Law: Keywords 1. Break into groups of 3-5, – where each group has a computer that is linked to the internet 2. Choose a website – whatever you want, but it must already exist 3. Choose and define the core attributes, and core channel activities 4. Describe the best way to enter the market 5. Decide the top 3 keywords for the AdWords program to promote this website – These are likely to have been in your description Global Innovation Management Keyword Tool https://adwords.google.com/select/KeywordToolExternal • Use the Keyword Tool to find 3 keywords-phrases that are better than those you selected • How much did monthly search volume increase • Will you have to pay more for these new keywords? Global Innovation Management Keyword Trends http://www.google.com/trends • Will your 3 old keywords-phrases be more or less popular one year from now • Will your 3 new keywords-phrases be more or less popular one year from now Global Innovation Management SEO Workout • Choose a set of 5 keywords for one site (any site you choose) • See how well you have chosen by reviewing your results on Traffic Estimator » https://adwords.google.com/select/TrafficEstimatorSandbox • See if you can improve on your list with hints from the Keyword Tool » https://adwords.google.com/select/KeywordToolExternal • See if your keywords are on an upward trend » http://www.google.com/trends • See if you can improve on your list using Search-based Keyword Tool • » http://www.google.com/sktool/# Goals: Return to the Traffic Estimator; • – Use your new keywords. How much improvement do you see? On the Search Network Total line, see which combination of keywords • maximizes Estimated Clicks / Day while minimizing Estimated Cost / Day Global Innovation Management SEO Innovation Workout #2 The Cost of Three Keywords Global Innovation Management How Good are your Revisions? • For your groups, website and product or service from the workout #1 • Use Keyword Tool &Traffic Estimator • https://adwords.google.com/select/TrafficEstimatorSandbox • https://adwords.google.com/select/KeywordToolExternal • Assume ad position 1-3 • For the 3 old words – How much do you expect to pay per month – What is your clickthrough rate (clicks / impressions) • For the 3 new words – How much do you expect to pay per month – What is your clickthrough rate (clicks / impressions) Global Innovation Management Keyword Tool https://adwords.google.com/select/KeywordToolExternal • Use the Keyword Tool to find 3 keywords-phrases that are better than those you selected • How much did monthly search volume increase • Will you have to pay more for these new keywords? Global Innovation Management Keyword Trends http://www.google.com/trends • Will your 3 old keywords-phrases be more or less popular one year from now • Will your 3 new keywords-phrases be more or less popular one year from now Global Innovation Management Traffic Estimator Global Innovation Management SEO Innovation Workout #3 Conversions and Monitizing your Site Global Innovation Management Monetizing your Site • For your groups, website and product or service from the workout #1 & 2 • Use Keyword Tool, Traffic Estimator and Prior results • https://adwords.google.com/select/TrafficEstimatorSandbox • https://adwords.google.com/select/KeywordToolExternal • Assume ad position 1-3 • Think about • • • • Landing Page Conversion Goal (page) How much each conversion is worth How much each conversion costs in terms of CPC’s Global Innovation Management SEO Workout • What is the “right landing page”? • When users click on your ad, they should arrive at a landing page clearly displaying the information or product offered • What is the “conversion goal”? (i.e., which page is it, and why?) • Given your ‘old’ Adwords campaign (your first three keywords) • is your Website worth keeping (are CPCs less than Conversion profits?) • Given your ‘new’ Adwords campaign (your first three keywords) • is your Website worth keeping (are CPCs less than Conversion profits?) • If your answer is ‘No’ to the last question, what should you do? Global Innovation Management Monitoring Click Fraud • For your groups, website and product or service from the workout #1 & 2 & 3 • Think about • AdSense ads on the Website you have chosen • Describe how you might profit from click-fraud against this site – Design a plan (including software and botnets if you want) to fraudulently profit from phoney clicks to one of the AdSense ads on the site site to protect against the click fraud you designed? • How would you help the owner of the Global Innovation Management