earned media
Examples of earned media in the following topics:
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Social Media Marketing Communications
- Social media serves as a cost-effective communication channel for promoting brands to target audiences.
- The explosion of social media websites has led to the increasingly important practice of social media marketing.
- This results in earned media rather than paid media and both serves as a lead generator and creates favorable publicity for the brand.
- Social media allows marketers to refine their segmentation strategy by reaching a narrow target audience.
- However, these conversations can also be repurposed across other social media and corporate channels.
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Use of New Technologies in Marketing and Research
- Newer technologies, including GPS, DVR's, social media and smart phone applications, are becoming increasingly important.
- Two major tools being used today are customer relationship management systems (CRMs) and social media marketing.
- Social media marketing refers to the process of gaining website traffic or attention through social media sites.
- Hence, this form of marketing is driven by word-of-mouth; this means it generates results in earned media rather than paid media.
- This graphic lists possible uses for social media sites when putting on a business marketing event.
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Social Media
- Social media as a marketing tool is versatile, far-reaching, fast, inexpensive, fosters brand awareness, and can improve customer service.
- Social media marketing refers to the process of gaining website traffic through social networking sites.
- Results come from earned, as opposed to paid media.
- As a marketing tool, social media is distinct from industrial or traditional media, is versatile, far-reaching, fast, relatively inexpensive, fosters brand awareness, and improves customer service.
- Illustrate how social media can be used in the promotional mix
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Brand Loyalty
- Ongoing management and maintenance of brand Facebook pages and other social media
- Online points programs – earn prizes for incremental purchase behavior (e.g., JetBlue's TrueBlue and American Airlines's AAdvantage frequet flyer programs)
- Promotional auctions – bid for prizes with points earned from incremental purchase behavior
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Creating a Media Plan
- The standard media plan covers four stages: stating media objectives, evaluating media, selecting and implementing choices, and determining the budget.
- When choosing the media, you not only need to know which media outlets exist, but also which ones suit your product.
- The standard media plan covers four stages: (a) stating media objectives; (b) evaluating media; (c) selecting and implementing media choices; and (d) determining the media budget.
- The media planner must make media mix decisions and timing directions, both of which are restricted by the available budget.
- The media mix decision involves putting media together in the most effective manner.
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Main Social Networks
- They also offer affiliate and partnership programs that enable content publishers to earn money.
- It offers opportunity for social media measurement, social network aggregation, bookmarking, analytics, automation, media, blog marketing and validation.
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Researching Using Digital Media
- Digital media technologies are enabling researchers to use increasingly sophisticated tools to collect data via the Internet.
- Inclusion of social media research can provide particularly unique insights into consumer and societal segments.
- Digital media including images, videos and audio can prove valuable sources for Internet researchers.
- Specific types of research methods that incorporate digital media include:
- Social media analytics allow brands to efficiently collect and analyze qualitative research on user interaction with images, video, podcasts and other digital media.
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Defining Social Media
- Social media websites and applications allow users to create and exchange user-generated content on the web.
- There are several types of online platforms classified under the vast umbrella of social media.
- Web blogs: Some of the oldest and most popular forms of social media are blogs.
- Social media can also be classified by their ability to facilitate certain social functions.
- Describe the common characteristics of social media technologies, and user behaviors that occur on social media websites
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Making Appropriate Changes to Product, Placement, Promotion, and Pricing
- Marketing teams must adjust their marketing mix strategies accordingly to adapt and succeed in a rapidly changing media environment.
- Today, the marketing mix--product, placement, promotion and pricing--must take into account both online and offline buyers; traditional media, and digital media.
- The shift from mass media to more specialized (niche) media, which are centered on specific target audiences.
- Promotion is probably the marketing mix element most impacted by social media.
- In essence, social media acts as a promotional element or communication channel used to reach customers.
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Promotional Methods
- B2B marketers use industry or trade publications, trade shows, private events, and social media to generate awareness about their products and services.
- These publications are also placed in industry and trade media to produce favorable publicity.
- If done strategically, media placement enforces messaging behind specific marketing activities across multiple communication channels.
- Social media is fast becoming a promotional tool used to position B2B brands in the digital sphere.
- Moreover, B2B organizations also use social media for internal communications to increase collaboration and productivity among workers.