2. Company Overview
IBM is working with its clients to develop new business
designs and technical architectures that allow their
businesses the flexibility required to compete in this new
landscape
Shown here, IBM a
leader in innovation and
new technology
They are not only
limited to this for they
have a vast variety of
different subject matter
IBM focuses on
3. Target Audience/ Market
The target audience is mostly consumers with active knowledge
of the internet. It is mainly for people seeking help with
information technology as well.
4. Strategy
As the world continues to grow and evolve, so much a
company in order to provide the many needs that comes
along with increased population. Using online advertising
and internet marketing is a key factor in this new world.
We understand that typical advertising is no as effective as
it was in the past. The new advertising is through using the
one thing that can connect us all. The World Wide web. a
very crucial to new media advertising.
When people seek information, it is no longer searching in
magazines, but they can just hop on the computer, type in
what they need, click, and off they go exploring the endless
internet sites.
5. Strategy Continued
Google Adwords
This tool allows you to become the first and last site consumers visit.
Being the first is very important, thus Google Adwords is the best
choice as your offensive move.
The key to success with Adwords is using specific keywords allowing
Google to help consumers precisely find their searches, down to the
most relevant results.
These ads also appear on the side of the searches where consumers
will likely not miss them.
Choosing the right words, consumers will be attracted to click the ad
which will send them to IMB's website where they can seek further
needs.
As previously stated, with IBMs vast involvement in different subjects
of the world, many different words can be set as "key words" for
people to make their way to IMB's website.
6. Use of Social Media
Why? Benefits overwhelmingly outweighs the cost.
7. What Social Media to use?
Facebook
One of the most widely used social media tools
845 million active users as of February 2012
Estimated 41.6% of the U.S. Population had an account
LinkedIn
Professional Networking tool
250 million registered users in 200 different countries
21.4 million monthly unique U.S. visitors and 47.6 million globally
This was an increase of 63% in only one year
Twitter
One of the Top ten most visited websites
Over 140 million active users
Generates 340 million tweets DAILY
Handling over 1.6 billion search-queries per day
8. What to Change
Facebook
Facebook has incorporated company pages that allow great customization
IBM needs to take advantage of this by creating and updating their Facebook to the new timeline
With Facebook pages giving the ability to be creative, the visual aspects will bring more attention to IBM
ultimately building greater brand awareness
Increase in activity to then draw attention to the business page
LinkedIn
The current LinkedIn page of IBM looks very clean and provides a lot of information
There is also advertising available for LinkedIn
The advertising allows you to create and place ads on prominent pages on the LinkedIn.com website
LinkedIn then allows you to choose your target market you want to reach by having categories or titles
such as job title, job function, industry, geography, age, etc.
LinkedIn has the ability to reach out to other professional businesses
Twitter
Twitter has a lot of potential for consumers to post quick notes about the company
A lot of people are talking about IBM and on IBM's twitter
Create more content that makes people interested and want to retweet to spread the word even further
Stay consistent on the Tweets and acknowledge Retweeters
As more Retweeting occurs, less work needs to be done as the followers will almost do the work for you
9. How to measure Successfulness
Implementing Google Analytics
Being able to use different tools on the internet not
only makes it easier on yourself but you put
yourself ahead of those not using it
IBM can track visitors, clicks, and visiting time of
each of the social media tools in order to find out
what is working and what is not
An invaluable tool that allows you to pinpoint the
successful points to further
10. Budget Allocation
Revenue = $99.9 Billion
Record Net income = 14.8 Billion
Record Free Cash flow = $16.3 Billion
Gross Profit Margin = 46.1%
The proposed budget is $20,000
With the social media tools being almost 100% free aside from
LinkedIn if you choose to use the advertising tool, it is
virtually free. Not much money needs to be allocated
toward this, but more time. Most of the budget will be
placed toward Google Adwords. As mentioned
before, being first is important. With Google Adwords, you
are sure to be first, and if you do everything right, the last.