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 We’re one of us:  Small ad agency: 28  Founded in Dublin 2003  Opened in London in 2009  Large and small clients  Challenges
 ADVERTISING  FOR SMALL FIRMS  (by a small firm)
 Why marketing in a downturn is   a GOOD idea  Smart ways to use new channels  How to start
 Why marketing in a downturn is   a GOOD idea  Smart ways to use new channels  How to start
 Common response to downturn…
 SLASH EVERYTHING
 Everyone’s  doing the  same thing
 Is there value in behaving the  same as them?
 Intuition can be wrong
There’s never a better time to steal market share than in an economic downturn The Economist Intelligence Unit Survey
 This is a great  opportunity to release your  inner evil genius  Make the most  of it
Wal-Mart founder Sam Walton on 1991 recession: “I’ve thought about it and decided not to participate.”
2 years later,  share price + 200%
In the 1930s, Kellogg’s continued marketing throughout the Great Depression
In the 1930s, Kellogg’s continued marketing throughout the Great Depression (unlike their competitors, Post Cereals)
 256% Prof. Andrew Razeghi, Kellogg School of Management Northwestern University
Everything is so soft, it’s pretty much a buyer’s market everywhere you turn. Peter Gardiner, Chief Media Officer,  Interpublic Group
 % + or – June 2009/June 2010 82.01% 5-6% of turnover spend 60.20% 57.27% -57.48% -76.13% -77.52% €0 spend io research 2010
 Marketing is part of   the solution, not the   problem
 Advertising & branding  should be a crucial part of any  business strategy. Not wooly. Defined. Measurable.
 Keep advertising for as  long as it keeps working.  How do you know if it’s working?
 MEASURE EVERYTHING!  Digital channels
 Why marketing in a downturn is   a GOOD idea  Smart ways to use new channels  How to start
Your customers have changed
It used tobe aboutyour brandFAME
From now on it’s all aboutyour FANS
Now it’s aFAN ECONOMY Bud Caddell
 As an owner/manager you should care because:  Fans turn into real customers  Fans generate interest and excitement  Fans tell you how to be better  Fans defend you when needed   They’ll be talking about you anyway
Digital is not strategic an end in itself easy a cheap version of traditional magic
Digital is  highly measurable democratic effective (used correctly) fast-moving hard to control
Before doing anything HAVE A PLAN Digital/social is tactical  lll Should be part of overall strategy
social  video /  rich / interactive / webinars traditional Your site Outdoor/Ambient PR / media relations blogs podcasts eCRM mobile search
Your site
Brand experiences
Brand experiences
Brand dialogues
Brand interaction
Brand interaction
 Local engagement
Brand engagement + assessment
Brand messages
Location and recommendation
B2B: LinkedIn
 Google Analytics  MEASURE!
 MEASURE! YouTube Insight
addictomatic.com  MEASURE!
socialmention.com  MEASURE!
search.twitter.com  MEASURE!
 Why marketing in a downturn is   a GOOD idea  Smart ways to use new channels  How to start
 Develop strategy  Set clear success parameters  Set budgets early  Set timeline & milestones   Measure, review & change
 But don’t just strategise: execute!   Doing is learning Show vision and belief  (Apple don’t do focus groups)
If I’d have asked my customers what they wanted, they would have told me ‘A faster horse.’
 Thanks for listening  thisisio.ie/sfa  @thisisio tim.hurles@iomail.ie

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io SFA 2010: Tim Hurles

Notas del editor

  1. Term courtesy of Bud Cadell
  2. Term courtesy of Bud Cadell
  3. Term courtesy of Bud Cadell
  4. And you are not your customers
  5. z