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by Christopher Ryan
Develop high-level strategies that
help you readthe big picture and drive more customers toall of
your locations, both brick-and-mortar anddigital. Improve your
marketing focus with smart tactics that merge new technologies
with shifting market demands.
Develop the instincts and insights
for moving quickly and intelligently to seize profitable new
opportunities and avoid costly mistakes in this dynamic new
marketing world.
Increase your potential for success
with a clear view of the future the evolving field of interactive
marketing presents.
Despite the uncertain economy,
despite the dramatic drop in the NASDAQ, despite the crashing
dotcoms, you can make money with Interactive Marketing…with the
right guidance. That's where the real-time, real-world practical
ideas and advice of High-Performance Interactive Marketing will
help you navigate the dangerous but profitable waters of the new
interactive world. The business press of recent years has
been filled with dramatic interactive marketing success stories.
But the landscape behind these exciting pictures is littered with
the remains of the failures–those who couldn’t handle the problems
and challenges of this exciting but challenging and ever-changing
new world.
High Performance Interactive
Marketing gives you all the strategic and tactical tools and
insights you'll need to succeed in the exciting, high- otential
new marketing and media world.
Table of Contents
Foreword
Introduction
Section 1 Navigating the
Changing Marketing Landscape 1
Chapter ONE Interactive
Marketing 3
How Interactive and Traditional Marketing Differ 4
Benefits and Challenges 8
Levels of Interactivity 10
Choice: The Key Element in Interactive Marketing 12
How to Appeal to the Interactive Audience 12
How to Overcome the Inertia Factor 14
How to Get Started in Interactive Marketing 16
Chapter TWO Disintermediation
and the Changing Role of Marketing and Sales 19
The Impact of Disintermediation on Sales and Marketing 20
Parts of the Sales Process Moving to the Internet 23
The New Sales and Marketing Model 24
How to Prosper Despite Disintermediation 32
Tough Lessons Learned about Disintermediation 32
Chapter THREE Bridging the Gap
between Marketing and Sales 34
Different Roles 35
The Consequences of the Gap 37
Strategies for bridging the Gap 38
Chapter FOUR The Huge Impact of
Infomediaries and Portals 43
Types of Infomediaries 44
Types of Portals 45
The Threat from Category Killers 47
Characteristics of Informediaries and Portals 48
Online Auctions and Exchanges 50
The Future of Infomediaries and Portals 51
Chapter FIVE E-Commerce 54
The Benefits and Challenges 54
E-Benefits for E-Business 57
Techniques to Create Repeat Customers 58
How to Insure Good Data to Drive Your E-Business 60
Customer Support as a Strategic Advantage 61
Chapter SIX The New
Communications Model 66
Element One: Entertainment 67
Element Two: Information 69
Element Three: Persuasion 70
Element Four: Interaction 70
The Merger of Entertainment and Marketing 71
Section 2 Interactive Marketing
StrategiesThat Can Ensure Success 75
Chapter SEVEN Traditional
Media’s Role in the Interactive Era 77
The Direct Mail Dinosaur 77
Broadcast Advertising 84
Trade Show Marketing 85
Principles That Will Guide Media in the Interactive Era 77
Chapter EIGHT Smart Web
Marketing 91
Advantages of the Web over Traditional Media 94
How to Use the Web as a Lead Generation Tool 95
Web Banner Advertising 97
Email Marketing 99
Online Newsletters 102
Hoe to Create a Killer Web Site 105
Top Six Rules for Web Marketing 108
Chapter NINE How to Create and
Implement Successful Web Marketing Events 109
When to Use and not Use Internet Events 110
Partners and Speaker Issues in Online Seminars 111
Promoting Your Web Events 113
Setting Objectives and Measuring Results 115
Six Rules for Successful Online Marketing Events 116
Chapter TEN Television in the
Interactive Era 117
Important Role of Choice in Television 119
Number of Channels on the Mega-Channel System 120
Viewer Access Methods 121
Public Acceptance of Interactive TV 122
Shopping on the Electronic Mall 125
Programming Economics 127
How to Use Direct Response TV 130
How to Use Infomercials 133
Chapter ELEVEN Using ROI to
Prove the Value of Interactive Marketing 137
Web Site Metrics 139
Fundamentals of Marketing ROI 140
How to Calculate Interactive Marketing ROI 141
Hidden ROI Metrics You Should Identify 143
An Inquiry Conversion Formula for Business-to-Business Marketers
145
"Soft" Measures That Matter 146
The Payoff for Focusing on ROI 148
Chapter TWELVE E-Branding and
Positioning 150
Differences between Traditional and Online Positioning 152
How to Build Your E-Brand over Time 153
Important Positioning Questions 155
Positioning Models That Can Differentiate Your Company 157
How to Develop Your E-Branding Strategy 159
Keys to Building a Unique Position and E-Brand Identity 161
Section 3 The Role of
Technologies inInteractive Marketing 163
Chapter THIRTEEN Database
Marketing 165
Ten Ways to Use a Database Marketing System 168 168
The In-House Database 170 170
Data Collection Methods 170 170
Building Relationships with Database Marketing 174 174
Data Mining and Data Warehouse 176 176
Chapter FOURTEEN Fourteen
Navigating the Marketing Automation Model 178
The Marketing Automation Process 180 180
The Benefits of Marketing Automation 180 180
Business Drivers for Marketing Automation 182 182
The Internet and Marketing Automation–A Winning Combination 184
184
Other Important Uses of Marketing Automation 186 186
Marketing Automation Pitfalls to Avoid 188 188
Hoe to Automate with Minimal IT Involvement 189 189
Chapter FIFTEEN Fifteen
Heuristic Marketing Techniques 191
Overcoming Subjectivity in Marketing 192 192
The Search for the Perfect Marketing System 195 195
Categories of Heuristic Systems 196 196
Drawbacks and Problems with Predictive Systems 198 198
Artificial Intelligence 199 199
Neural Networks 201 201
Pattern Recognition Systems 205 205
Sources of Data in Heuristic Systems 207 205
Strategies for Creating Heuristic Systems 208 208
Chapter SIXTEEN Sixteen Virtual
Reality 212
Advantages and Disadvantages of Virtual Reality Marketing 213 213
Disadvantages of Virtual Reality Marketing 214 214
Virtual Digital Advertising 215 215
Characteristics of Virtual Reality Systems 216 216
Virtual Reality and Virtual Marketing Applications 220 220
Components of Virtual Reality Marketing Systems 222 222
The Future of Virtual Marketing 226 226
Chapter SEVENTEEN Seventeen
Cultural and Business Trends That Will Affect Interactive
Marketing 229
The Certainty of Change 239
Section 4 The Future of
Interactive Marketing 241
Chapter EIGHTEEN Privacy and
Other Tough Interactive Marketing Issues 243
How Consumers View Privacy Issues 244
The Opt-In Versus Opt-Out Debate 247
Privacy Issues in the Wireless World 248
Options for Dealing with Consumer Data 249
Strategies to Ensure Online Privacy 251
Interactive Marketing’s Impact on Retail Channels 253
The Move to Tax E-Commerce 254
The Rift between the "Haves" and Have-Nots" 255
Discredited Predictions 256
Section 5 Playing the
Interactive Game to Win 258
Chapter NINETEEN Aligning Your
Organization to Successful Interactive Marketing 261
Success Characteristics of the Virtual Era Corporation 262
Be a First-Prover Organization 266
The Virtual Marketing Organization 267
Issues in Managing Virtual Marketing Organizations 269
The Impact of Telecommuting 270
On-Demand, Customized Manufacturing 271
Chapter TWENTY How You Can Take
Advantage of the New Marketing Technologies 274
Don’t Bet the Farm on Any Specific Technology 275
Focus on Content, not Technology 276
Beware of Information Overload 276
The Importance of Contrarian Marketers 279
Eight Strategies for Interactive Marketing Success 280
Glossary 285
Index 293
What experts are already saying
about High-Performance Interactive Marketing
This work is a must-read for the
21st-century marketer. Ryan provides the foundation for
understanding where marketing is going. The old rules of marketing
are gone…this is the new marketing rule book.
-Tracy Emerick
President
Taurus Direct Marketing
Chris Ryan’s High-Performance
Interactive Marketing provides a laser focus on the
fundamental power shift of our time–the shift from vendor to
customer power. If your company does not have this perspective,
then it will not succeed, regardless of its stature or past
reputation. Ryan delivers this perspective. You have the choice:
read this book or your competitor will. The latter is not an
option if you wish to do business in t he interactive future.
-Dr. Richard D. Hackathorn
Director
Enterprise Management Associates
Here's someone who really
understands how the worlds of sales and marketing really work.
Ryan reconceptualizes the marketing he's (and we've) known to fit
the strategies and tactics needed in today's interactive world.
-Rick Kean
Executive Director
Business Marketing Association
A remarkably timely book that
provides marketers with hands-on, practical, and valuable advice
for becoming more effective and expert in interactive marketing.
-Thomas D. Kuczmarski
Author, Managing New Products
President, Kuczmarski & Associates
Chris Ryan’s latest book is an
important work. It not only summarizes the world of interactive
marketing; it's loaded with specifics on how e- usiness and
traditional companies can be more successful by taking advantage
of new technologies.
-Ben Martindale
CEO, eGrail, Inc.
I’ve had many occasions to witness
Chris’s marketing expertise. He is truly a master at his craft.
Chris has done an excellent job of presenting his expertise for
all to benefit from. This is a really good book.
-Mitch Selbiger
Senior Vice President, Marketing
Aether Systems, Inc.
From interactive strategy to
in-the-field Web tactics…this one has everything you need to know
about marketing in the electronic age…a marketing compendium for
the New Economy. It gives the reader invaluable insights into
successful interactive marketing without all the hype and hoopla.
-Don E. Schultz
Author, Integrated Marketing Communications
President, Agora, Inc.
Chris Ryan has long been
acknowledged as one o f the nation’s best direct marketers and at
the forefront of interactive technologies. His new book shows why.
It’s a must-read for anyone who wants to compete in the New
Economy.
-Brigette White
Vice President, Arch Paging, Inc.
About the Author
Christopher Ryan is one of
the nation’s leading authorities on interactive and direct
marketing for more than two decades with major marketing successes
in the software, e-commerce, and financial services industries. He
is Vice President, Worldwide Marketing, for FrontRange Solutions
in Boulder, Colorado. He has held executive marketing positions
with such leading organizations as GroupWorks, Saligent Software,
Sybase, PeopleSoft, and Group1 Software.
Ryan is a much sought-after speaker
on marketing and technology and has presented at hundreds of
seminars and conferences. His articles have appeared in numerous
business publications, including DM Magazine, Target Marketing,
DM, Direct, BMA, and Interactive Marketing Journal. His
previous books have included The Master Marketer and
Virtual Marketing.
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