Marketing in the 21st Century UCSB Extension Instructor: Amber Wallace Class dates: October 1st – December 3rd Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 1 Welcome Back! • Reading Review • Affiliate Marketing • In-class Project Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 2 Review • What is an online media room? • Why have one? Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 3 Review • What’s a new rule of media relations? Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 4 Review • Say you’re the Director of Marketing for a large corporation and you’re making a new important hire. Would you announce it? How? Why? Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 5 Online Advertising • Search Engine Marketing • Paid search • Organic search • Banner Advertising • Affiliate Advertising Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 6 Affiliate Marketing • Definition: a marketing practice in which a business rewards one or more affiliates for each visitor or customer brought about by the affiliate's own marketing effort. Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 7 Affiliate Marketing Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 8 Affiliate Marketing • 4 Main Components: • Publisher (affiliate) • Merchant (advertiser) • Network (delivery) • Customer (who clicks) Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 9 Affiliate Marketing Structure • Cost per Sale or commission basis • Customer clicks on link from publisher’s site (site A) to merchant’s site (site B) • Customer buys something on merchant site (site B) • Merchant site (B) pays publisher (site A) money from the sale (for instance, 5% of total sale) Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 10 Affiliate Marketing Structure • Arrangements vary… • Commissions may vary • Setup may vary: • 80% of affiliates use cost per sale (CPS) model explained • 19% use CPA • Remaining use CPC Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 11 Abbreviation Review • CPC / PPC • CPA • CPM • CPS Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 12 Types of Affiliate Websites • Directories • Yellow pages • Coupon sites • Retailmenot.com • Blogs • Personal websites • Travel websites Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 13 Affiliate Networks • Often forgotten • Networks are the delivery mechanism – they interface with the publisher and the merchant • Example: Commission Junction Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 14 Affiliate Network Pros & Cons • Pros of working with a network for a merchant • Can promote through numerous sites at once (reach a larger audience) • Tracking technology • Reporting • Payment processing Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 15 Affiliate Network Pros & Cons • Pros of working with a network for a publisher • One registration for multiple ad display possibilities • Reporting • Payment aggregation Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 16 Affiliate Marketing • Where does the $ come in? • Affiliate Networks charge merchants to join • Also frequently take a percentage of the transaction – a piece of the commission Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 17 Affiliate Marketing Example • Joanne is reading about a local marathon, and on the page is a link to New Balance shoes. She’s interested in buying new shoes, so she clicks the link. • She’s taken to the New Balance website, where she finds a pair of running shoes she loves. Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 18 Affiliate Marketing Example • Joanne buys the shoes from the New Balance site. • The affiliate (the marathon site) makes money off of that sale. The network makes a little money for facilitating the sale. And the merchant makes the sale. Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 19 Display Advertising • Display advertising, sometimes known as banner advertising, is based on a CPM model • Advertisers pay for how many times an ad is seen, not any action (click or sale) based on that ad Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 20 Press Release Dos and Don’ts • Anatomy of a Press Release • Press release tips • Be clear. • Is it newsworthy? Have a story! • Know what you want to get: • Articles in magazines/journals/papers? • Print or online? • Online distribution for links and traffic? Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 21 Press Release Dos and Don’ts • Optimize your release • Include keywords – make the online release part of your web marketing plan! • Link limited content to specific pages in your site, or landing pages created specifically for those markets • Real-world example: Synectics Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 22 Press Release Dos and Don’ts • Google’s treatment of releases • Include keywords – make the online release part of your web marketing plan! • Link limited content to specific pages in your site, or landing pages created specifically for those markets • Real-world example: Synectics Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 23 Press Release Dos and Don’ts • Google’s treatment of releases • In August, update called press release links ‘unnatural’ • No longer a good practice to optimize anchor text and link to specific pages, as was done in the past Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 24 Press Release Dos and Don’ts • So, what does my release do? • Drives some traffic via limited, relevant links • Increases visibility online (search and social media) • Generates interest (for users and/or journalists) • Informs your audience • Reports company news Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 25 Press Release Distribution • Online PR Resources • PR Newswire • Distribute your news to 10,000 outlets total, 5,500 newsrooms – including wires like AP and 5,500 websites plus thousands of relevant trade lists • Includes print resources, and can be standard wire release with social media as well. Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 26 Press Release Distribution • Pitch Engine www.pitchengine.com • Build a social media press release for free! Pitch Engine helps create value by making it easy for others to follow your news or spread it via word of mouse. The social media press release you create packages stories for sharing (with editors, bloggers, consumers, investors, etc.) Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 27 Press Release Distribution • Press Release Point www.pressreleasepoint.com – Submit Press Releases to 50+ Free PR Websites in one easy place (versus tons of one by one free press release sites) Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 28 Article Distribution • Ezine Articles www.ezinearticles.com Go Articles www.goarticles.com Article Dashboard www.articledashboard.com Articlebase www.articlesbase.com Article Snatch www.articlesnatch.com Idea marketers www.ideamarketers.com Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 29 Article Distribution • Amazines www.amazines.com iSnare www.isnare.com Article City www.articlecity.com Article Cube www.articlecube.com Scribd www.scribd.com Squidoo www.squidoo.com Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 30 Latest News, Popular Content Sources • digg • “discover and share content from anywhere on the web” • reddit • stumbleupon • Squidoo Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 31 Break Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 32 Class Project • Count off! 1 through 4 • Break into groups based on your number • Read your given scenario, and start work on marketing solutions! Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 33 Class Project • Voting & Winners! • Each group will present their approach & solutions • You get 1 vote – only rule=you can’t vote for your group • Each member of the winning group receives a $5 Starbucks gift card Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 34 Homework! • Reading: The New Rules chapters: 4 and 15 • Stay involved on Facebook. • Work on final project! Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 35 Instructor Contact Info Amber Wallace Dowitcher Designs 805.681.1930 amber@dowitcherdesigns.com www.dowitcherdesigns.com Twitter: twitter.com/dowitcherdesign LinkedIn: linkedin.com/in/amberwallace Facebook: facebook.com/dowitcherdesigns Amber Wallace // 805.681.1930 // amber@dowitcherdesigns.com 36