Saturday, February 21, 2009
Product Tester - Marketing
The reason I am here about another marketing idea I saw on TV. It is about internet tester writers. These people would try out new products and write about it on BBS or blogs. Company used to hire professional shoppers to test their products. These tester are not hired by the company therefore they can give honest feedback. People who are interested in the products would do some research and maybe communicate with these "testers". Many consumers were more comfortable of trying new products after receive some idea or suggestion. Thus many company now would pay them or send these tester free samples to try out. With help of the testers the new products would be better promoted to some potential consumers and target market.
Only issue would be once the business is involved may influence the tester's judgement. So can these tester still true to their publishing would be hard to tell. I think consumer would still need to make the final judgement themselves.
This is another type of Web2.0 marketing tool. I guess it is another creative way to reach the young consumers. It can reach another type of consumer who not necessary buy into the fancy commercial but believe in someone just like them.
There is even business developed base on the concept of sample testing in personal care products. Member of the store can receive fix number of free sample each month. By giving feedback/survey of testing the product, the member can upgrade to be able to have more sample testing per month. The store receive payment from the producer/supplier by providing product display space and survey result. Company will receive first hand marketing research result by supplying sample and maybe pay some fee. Not sure are the member the right target consumers. I guess if they are interested of trying out the sample, they should be in the potential consumer. But I am not sure whether this group would be the target consumer who will actually purchase the products. I wonder what if this is just a group of young people who can't afford to buy the actual product. Then the feedback from this group won't honest reflect the target consumer feedback.
In conclusion I think those tester who do not receive payment for the testing or free sample should reflect the actual target consumer's true feedback. But once business deal is involved, the honesty may be questionable. Nevertheless, company also has to carefully select the tester who is also the target consumer. If anything goes wrong, it would be hard to control the spread of the bad publicity.
I was also thinking of the samples that were giving away on magazines or with product purchases. In the old days, company wishes to attract consumers to try out their new product by giving away samples without knowing the result of product testing or who are these people. I wonder how many people were actually purchase the product base on those samples. It will take more then a week to see the result of the skin care therefore how can one testing convince the consumer to spend so much money buying it. I wonder do they ever try to retrieve the feedback from these normal people like us, not just some super stars. I understand before putting a new product to the market the company would have feedback on some tester already. But I still think after launch the product, it is as important to know the marketing feedback to better improve and promote new or existing products.
One of the importance of marketing I learn is not only how do you promote the product but how can you trace it or measure it. Therefore was able to receive feedback would be part of the success of this type of marketing tool.
Thursday, October 30, 2008
InnovationJam
Thursday, October 23, 2008
Decision Maker Style
Base on the "Change the Way You Persuade" article, I categorize the decision maker I currently work with as a Thinker. As a VP of a regional sector in IBM, data and information play an important part of the decision making process. Not only the information and number are very important, they will have to be well organized and detailed. Normally multiple options would have to be given to him; it won’t be accepted or even look at if it was presented with one choice only. Both positive and negative will all need to be presented for him to make the decision. Even thought the result may seem to be obvious, it would still have to leave it for him to decide. Right after the proposal presented, if he is interested, he would request meetings with related department or executive for more information. Depends on the project, more meeting would be arranged and more information would be collected presented before the final decision were made. It was him who told me not to rush to anything before thinking thoroughly.
Normally when his decision is needed, detail data has to be presented clearly for him to be able to understand and make the decision necessary easily. Charts and PPT always help. It would be more effective if it can be presented in short time because he is always busy and having too many meetings. So if a quick decision is required from him, more time needed to prepare the data for him. He would challenge you sometimes therefore it is important to know everything clearly. Often I would need to be prepared for any question he may ask at anytime. After working for him for a period of time, I started to memorize detail, not on purpose but just to be prepared. And knowing he would always follow up on things, I also learn to be proactive and ready or taken care of his request before he asked. And you won’t have his answer if it is still too early or timing is not right. Often he would ask the data to be presented only when time is closer or more input has been received. He won’t give you any hint or feedback if nothing is presented to him.
At work, he is my “client” and my job is to ensure of his satisfaction. Understand what his preference and style is help to make my job easier. But working with a decision maker like him can never be easy or relaxing. It is important to know your information well in preparation for any questions that he might have. I learn to be well prepared with all information needed before talking or seeking for his advice. Even thought he may seem to be tough to deal with but you can always expect to receive compliment or appreciation from him when all is successfully implemented and that is the biggest satisfaction and motivation of the hard work.
Friday, October 10, 2008
More after thought
Synergy in Fashion - eMarketing Trade Show
The industry is categorized into three segments. For the high end, using Gucci as an example, the internet is to promoting brand awareness and product searching. Product availability in store can be searched on website is one of the example to drive the traffic to offline stores. Most of the high end brands do not offer online shopping but Gucci does offer some limited selection online in US and UK. People can watch the fashion cat walk show online which used to be exclusive to VIPs only.
For the basic segment, we have Land’s End which was originally a catalogue business then move to internet business. Internet helps them to expend the market further. Since it concentrated mainly on its online business therefore there is more features developed for the website.
Here we evaluate the websites base on the “7Cs of Customer Interface”.
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Using wireless technology (text message) to promote offline business is used widely in Asia. Many stores will send promotion message to their loyal customers who have provided their numbers voluntarily.
Because customers can not try on clothes when shopping at Lands’ End, it provides a virtual model that can be customized in size and specific measure. Customers can virtually try on the outfit using the model in their sizes. Then turn the view to see how it would look like.
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Generally, to offer customer a good shopping experience, it should be user friendly. Often customer could get lost or stuck. Exclusive offer and more interactive function would definitely help. Since consumer can’t see the actual product, more detail description is necessary to help with customer’s shopping. And a good shopping website would have “recommendation” section that is easy for customer to find similar item they may like for saving time.
A good website would promote better brand image. If companies fail to update their website or synchronize their online and offline business, it may create mix message and confuse customers therefore would create a negative impression toward the company.
Our study found many companies’ website was identical or structured like a catalogue. Many companies still concentrate on their offline business and using traditional advertisement. Most of the company websites still served as information database but fail to spot the great marketing opportunity if they can better design and maintain the website. We believe there is still a big “market” for website improvement on online offline synergy.
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TeAM mates:
Terence Wang (http://bdcinternational.blogspot.com/)
Mitch Lyons (http://mitchellclyons.blogspot.com/)
Annie Yu (http://newvalleygirl.blogspot.com/)
For handout of our project, please visit Mitch's blog
For Trade Show board detail and other thought, please visit Terence's blog
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Thursday, October 9, 2008
Work in process....
Here is the photo of how it looks half completed. Remember to come back for the completed version and detail.
Monday, October 6, 2008
Google Analytics and privacy
Sunday, October 5, 2008
Trade show preview
If you are free at 6 pm next Monday, Oct 6, please come and check us out at Robson Square.
- In-game advertising
- Online-offline synergies and failures
- Genuine Conversations - how to optimize the customer blog experience to draw customer
- How to Measure the Success of the Business Objects Technical Community
- Marketing the Brainify.com Web 2.0 Application
- ...and more!
Setting is not working here...
I am not happy with my blog layout but I can't change it. The setting do provide a option for me to shorten the blog feed which mean when you open up my front page, it should only show one paragraph of each post. But after I tried to set it many times, it is still not working. Actually many of my classmate who uses Blogger all have the same problem.
My apologize for the long postings and the inconvenience to locate the old posting when visit my blog. But I don't know how to reach the tech support to fix this on my blog setting.
BUZZ = customer feedback
I guess study of "buzz" or what consumer is blogging about the company or product is also a way of "listening" to the customer. Customer won't necessary tell the company about their complain or what they like or dislike about the product but they may blog about it. Especially, it is easier to blog it then to find the company website for complain. We don't even know whether they are listening or even care but we know our friends are reading the blog.
Sunday, September 28, 2008
Mail to blogger
I don't think I would publish the email address here for people to send whatever to my blog. That could be a mess when you open the space to all and may loose control. I do welcome any comments but not for others to blog on my blog.
Friday, September 26, 2008
SNS
Right time + Right promotion strategy + Right target market ≠ expensive
Thursday, September 25, 2008
Aerobic, Not Erotic
Read about it
Not related thought: I tried to post You Tube here but it was not offered as an option. It did offer to post on other blog sites. I was thinking, since You Tube provide registration option with Gmail account why doesn't it link up with Blogger? Anyway, I managed to post the You Tube here by regular way.
Simple is better?
Usually the formal business letters were used for PR, external communication letter, announcement and invitation letters, etc. Business letters used to be formal and occasional. With the technology changes, communication became casual and frequent. It is still important for the choice of words but isn’t the meaning of writing is have the massage crossed.
Wednesday, September 24, 2008
Top Global Brand
Network online & socialize offline
In Monday class, we talked about all kind of website, tools and gadgets out there. Terence mentioned about the "meet up" website for people to get offline and meet. I guess I am not the only one feel that way and there is need for people to go out and meet others. Such website provide platform for people to network online and socialize offline. I think the face to face interaction is always necessary, no matter how technology evolved.
Tuesday, September 23, 2008
Article Review: How Companies are Marketing Online
Companies are using digital tools for customer services. Most of the companies advertise online and majority of those also using digital tools for product development. Online ads were considered useful for brand building for receive direct response. More companies will spend majority of the advertising budget online in next two to three years. Many companies expect to gain more sales from online channels. But most of the companies treated the online and offline marketing separately.
Companies:
The reasons of low usage of online tool were lack of capabilities to manage them and limited access to high-speed Internet. Online marketing tools were used more frequently by public companies in high-tech industry. Most widely used functions were providing service information via Web sites, interacting with customer via email and sales transaction. The companies use digital tool frequently would more likely to use complex tool for online service, like Internet calling or chats. As the use of digital tool increases, online and offline campaigns would likely to be more integrated.
Consumers:
Most consumer use the Web to search for information. Web would be part of two stages of the consumer decision-making process – product awareness and information gathering. Therefore companies see it as a useful vehicle in brand building.
Interactive tools:
Collaboration tools used internally help to make information more accessible by everyone in the organization without have to flow through layers to reach the decision makers. Most of companies who advertise online also use some kind of interactive tool for customer service. Some companies host forums for customers to exchange idea or help each other. Interactive tools were used to help build relationship between customers and companies to the benefit of customer retention and brand building. A lot of companies also use the tools to involve customer in product developing or to test idea. It is part of the business technology trends that encourage user collaboration. Base on the survey by McKinsey, Web services, collective intelligence and Peer-to-peer networking were more popular for company investments. Some companies are more focus on networking and collective intelligence technologies then others. These companies are usually large, in high tech and in Asia, especially in China where companies adopt fast even though they were later followers.
These studies only show how Internet improved interaction with customers. But many companies switch the service online completely and discourage consumer to reach them offline. The interactions were sometimes cut off and would be considered as bad services. Some online service system were not well design to serve all customers’ need and was not flexible, therefore it is necessary to have service integration online and offline.
Cautions:
Internet has changed fundamental processes of communication in term of who provide information and how the audience receives it. In term, corporations lose a degree of control at it. Traditionally, consumer can only receive the information provided by the corporation with traditional media. With Internet, everyone can be the information provider and the control is limited. Therefore it is necessary to learn how to better manage its reputation online and better handle the negative impact on corporate reputation.
Online Sales:
Majority of companies would like to gain sales online while facing infrastructure and culture issues offline. Many companies were lack of resources to keep up with a sales channel online and some simply neglected it. Although many corporation plan to invest in this area, many factors need to be considered. US is one of the mature market with good infrastructure to support the online shopping activity. And consumers in US were exposed to concept of catalog and TV shopping therefore the concept was well accepted by consumer. Another good example would be China with a fast growing online market. Internet penetration is growing rapidly and consumer start to realize the benefit of shopping online. To encourage online shopping, there are intermediate service providers that offered online payment with bank to prevent fraud. It is a good example of the technology development according to culture and shopping hobbit of the country. With the development and successfully implemented, the technology then can be transferred. But interestingly, it was not the payment security that consumer were most concerned in China but the quality and security. Security and privacy would be the issue still required improvement or even regulation worldwide to promote online shopping.
Integration:
Most companies still separate their online and offline marketing efforts. Many companies’ regular businesses are disconnected from their online business. It is important for companies to have integrated campaigns. A lot of online marketing were to influence the offline sale. But a well integrated service will improve consumer’s overall experience. It is for companies’ benefit not only at cost cutting, but also for better customer satisfaction or experience to have integrated marketing online and offline.
Conclusion:
It is the technology trend for companies to market online with technology tools. It will not only improve consumer relation, it often improves communication and efficiency internally. Implementing technology tools not only encourage customer interaction but also help with product development. Companies need to use the tools with caution for maintain brand image. Companies need to learn how to transfer the benefit offline. It is also important to understand the risk of the tool too. Many companies expect the online marketing to be a major tool in the future therefore properly select the right tool and management would be something company need to pay closer attention to.
Reference for "How companies are marketing online"
- How companies are marketing online, September 2007, http://www.mckinseyquarterly.com/Marketing/Digital_Marketing/How_companies_are_marketing_online_A_McKinsey_Global_Survey_2048
- Eight business technology trends to watch, December 2007, http://www.mckinseyquarterly.com/Information_Technology/Eight_business_technology_trends_to_watch_2080_abstract
- Tony Conway, Mike Ward, Gerard Lewis & Anke Bernhardt, "Internet Crisis Potential: The Importance of a Strategic Approach to Marketing Communications", Journal of Marketing Communications, Vol. 13. No. 3. 213-228, September 2007
- Jun Yu, "Marketing to Chinese consumers on the internet", Marketing Intelligence & Planning, Vol. 24 No 4, 2006 P380-392
- Bikram Jie Rishi, "An Empirical Study of Online Shopping Behaviour", Journal of Marketing and Communication, January - April 2008, Vol 3 Issue 3
- Jacques R. Bughin, : How companies can make the most of user - generated content", http://www.mckinseyquarterly.com/Marketing/Digital_Marketing/How_companies_can_make_the_most_of_user-generated_content_2041
- "How companies are using Web 2.0", March 2007, http://www.mckinseyquarterly.com/Marketing/Digital_Marketing/How_businesses_are_using_Web_20_A_McKinsey_Global_Survey_1913_abstract
- Picture sources: http://jefferyclark.net/WordPress/wp-content/uploads/2008/04/web20.jpg
Children of online marketing
Picuture source: http://shafiur.i-edit.net/wp-content/uploads/2006/02/web2.jpg
Saturday, September 20, 2008
How internet changed our life?
Internet made the world seem smaller but also made our personal world smaller. People can easily chat online or pass on the information therefore the social life seems unnecessary now. People go out less and there is less face to face interaction. We can purchase things online and most of business can be done online. I remember an ad about a girl never go out of her house because of the shopping website therefore the only way for the boy who likes her to talk to her is online. I wonder what the world will become if we only stay at home and connect the world online only.
I hope and I know it won’t happen because we all love socializing and going out. We all enjoy a good dinner at restaurant with someone we love. Traveling and seeing places with your own eyes is different from seeing the photo on the internet.
Internet suppose to make life easier and better because people can be reached easier and communication is a lot better. Therefore the distance between people should be shorter now. But lot of time we find ourselves busier because technology makes the life faster. At my work, I would be working with co-workers located all over Asia Pacific and sometimes I have to work late to reach co-workers in North America. Because of technology, there is no more excuse for delay and things get delivered.
People everywhere are either on the phone, sending text message or reading email on blackberry. Technology is part of our life now and it is harder to have life / work balance. To catch up with the speed of technology, everyone is rushing. It is ironic that with blackberry you can actually "work" outside of office. There should be less overtime because you can check email everywhere. But then you would be working all the time, isn't it? It is actually good or bed would depend on the perception.
I wonder how our life will become with rapid change of technology….
Friday at Zara
Anyway, finally I was able to go to Zara today before it close for the day. I don’t understand why some stores in Vancouver close so early. In Shanghai, most stores close at 10 PM. When I left the store, Robson street was crowded with people and most of the store were closed. I guess it is Friday night for action. I don’t know where people were going but I was going home.
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Zara is a Spanish brand and very popular worldwide for its stylish design and affordable price. The website was in Spanish only and still showing summer collection. I had hard time using the website because of the language issue at the first visit. Then I find the bottom to change to English. I just concluded it was not user friendly before I find that language bottom. I don’t think the website offer online shopping. It basically serves as an information center but not keep updated because the website is still showing spring and summer collection. Therefore a lot of work will need to be done to connect the online and offline business.
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Friday, September 19, 2008
TeAM Project
Before I post my thought about my "research" experience, it would help to post the project outline first. Our team decided to do the project on how company connected online and offline and how can it be improved.
I will be responsible for the store that I can actually buy something... for better utilize my short stay in Vancouver....
My way of time mangement ^_^
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T e A M Project Outline
Terence Wang - http://bdcinternational.blogspot.com/
e-Marketing Project
Annie Yu - http://newvalleygirl.blogspot.com/
Mitchell Lyons - http://mitchellclyons.blogspot.com/
Subject: Online – Offline Synergies and Failures
Market: Fashion/Clothing Companies (3 Price Levels)
I. Fashion/Clothing Industry Overview
II. Analysis Objectives
III. Benefits of on/offline Symmetry
IV. Analysis of Companies (3 Markets)
– compare and contrast with selected International examples
A. Economy Fashion (Below $80)
B. Mid-Level Fashion ($80-300)
C. High Fashion (Above $300)
V. Recommendations and Best Practices
A/X
I visited Armani Exchange and the overall experience was friendly and comfortable. Then I notice the little card "Be the first in Canada" and realized they send out text messages to customer for updates like special event, special offers and new arrivals. That is the feature that I was telling my team about how the business in China utilized the mobile technology. I guess some business in Canada is doing the same too.
A/X also provides email to customers by register on their website. I am assuming it is for US first because the website is located in US. TO find out whether it serves Canadian online, I check the shipping policy. That is what I normally do when check out the online store. It is important to know the shipping and return policy before spending a lot of time searching but would be great disappointed if they don't ship to where you are. A/X accept online purchase return in store and that is a good option when shop online. I still remember when online store started to set up back in early 2000 and return policy was one of the big issues. The store accepts online purchase return tend to operate better then those don't. Eventually I find "Shop Canada" for online shopping shipping in Canada right on Google search. It won't be easy to find if you just go to their main website. It was specific that Canada shop offer different items and only ship within Canada.
For comparison, I had visited Guess website which offer Canadian shipping but can only be return online. The reason is the online store for Canada actually operate in US therefore all shipping is from US and all item are tagged in US dollars. On top of the shipping charges, there will be tax to be added to the cost. So A/X website does offer more value and better promoting their online store.
I also like how A/X online store shows different view of the clothes you choose and also few recommendations. And I even found one item that was out of my size in the store. Currently it is also offering low delivery charge with free return to promote Internet shopping. I think it is very convenience for people who live outside of big cities.
Well, since I live in downtown and was there in person, I bought a sweater... for marketing and myself. But I still can't believe I can't find time to go shopping because of all the reading and projects. Now thanks to this project, I really need to go out and visiting more stores.
Tuesday, September 16, 2008
My Blog
Blog is very personal for me, which is like a place to dump all the emotion and express my feeling. Study shows that women handle their stress by talking to someone else. But often it would be hard to find someone willing to listen or to whom we feel comfortable talking.
There is one online study shows people who blog tend to be more depressed and the main function of blog is for venting. I think it is only partially true and bias. Many blog were keeping for information sharing or networking which is also the new business marketing trend. I think it is a good place to express personal opinion to public without going through media. It is also surprise to find many good articles on blog and some even became famous blog writers then publish books. Another benefit is not only we can see the article from the view of professional writers, we can also check out personal opinion. I guess this is where companies can look into as the “word of month” to market.
Blog is not only a place to “write” but also a place to connect. It is for friends to keep up with each other. It is also a place that strangers can meet. It is interesting that people can find others with same interest and opinion through blog. Therefore it became another type of networking.
Thanks to blog, I can always keep a smile on my face because all the other unwanted emotion were dumped at my secrete place. So regardless of the other benefit of blog, it will still be a “dumping tree” to me.