Path to build your Digital Media Excellence
With the surge of usage of mobile technologies, marketers
have increased their investments on digital media to communicate their messages.
However the most pressing question still lingers – “what is the path to build
Digital media strategy?”.
I advise my clients to follow the below steps to build out
their digital media strategy:
1. Prepare the overall strategic objective and goal
for your brand/ product:
The digital strategic objective should be derived
from the brands overall marketing strategy. It should be tightly linked to the
non-digital investments of the brand. E.g.: if a brand’s marketing objective is
to build awareness about the brand and position uniquely among a certain group
of audience, the digital strategy should also echo the same objective.
2. Decide on your target audience and build their
media usage profile:
Based on the objective, the next step is to
identify the segment of customers who can be potential targets of the digital
initiatives.
E.g. if the brand is trying to create an
image of youthfulness, then the target audience could be the people of age
group 16 – 28. The next step is to analyze the media consumption of this
segment of the consumers. E.g. building a media profile base on how many hours
do this group of consumers spend on social media, what all social media sites
or apps being frequently used by this group, like – Facebook, YouTube,
Instagram etc.
3. Build Digital Asset strategy:
a.
Decide on channel strategy – identify the
digital channels to target the segmented group, e.g. in this case – through
website banner ads, Facebook communities, YouTube channels and Wikipedia
entries.
b.
Decide on the content strategy / engagement
strategy – Based on the user groups and the positioning statement of the brand,
the content strategy to be decided such that:
i.
It differentiates the brand from its competitors
and uniquely positions the brand in consumer’s mind
ii.
It is consistent across all channels of communication
(both digital and traditional channels)
4. Path to build reputation on digital media:
As the brand starts engaging consumers
through its digital channels, the next step is to build reputation by:
i.
Creating an ecosystem where consumers can refer
friends and families
ii.
Providing a platform for user reviews
iii.
Identifying influencers and incentivizing them
5. Measure and modulate your strategy
Last stage of your digital media strategy
is to measure the interactions and engagements of the consumers and its effect
to net sales. Based on the measured data and insights generated through
analytics, the engagement strategies to be modulated over period of time.
The
above simple steps can help a brand to build excellence in the digital media.
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