Class 17 – 11/05

  1.  
    1. What is the definition of community?
    2. What are the criteria that define successful community?
    3. What are the different types of interests that form the foundations of community?
    4. What are the different ways in which communities function?
    5. What are the three primary ways in which value is created within a community?
    6. What are the benefits that community can generate for a parent firm?
    7. What are the different levels of community?
  2. Class 17: Community 11/5

    Lecture (Notes posted on web)

    Session Overview: This lecture focuses on how firms can encourage and profit from community, and how various community levers fit into the Marketspace Matrix.

     

    Class Preparation Questions:

     

     

     

    Google – Comparison Chart           Public Service

     

     

    Facebook

     

    Youtube Hits – Sara Palin (Saturday night) – 50 million hits

     

    Ultimately you want two things from people (for Political ads)

  3. Donations
  4. Votes
  5.  

    Anytime you have interaction you have communication

     

     

    Banner ads generate awareness

     

    If you click on it you enter into Exploration

     

    Commitment – No commitment

     

     

    Who controls the communication flow on the internet?

     

    The user

     

    What do user wants?

     

    They want relevant and targeted communication

     

    Importance of integrated communication

     

  6. Goal of marketing and communication is to convey relevant messages to the right consumers at the right time.
  7. Synergy between messages is integrated communications
  8. Traditional and interactive marketing methods are converging
  9.  

     

    Communication Process

     

  10. Identifying the target audience
  11. Determining the communication objective
  12. Developing the media plan
  13. Creating the message
  14. Executing the campaign
  15. Evaluating the effectiveness of the campaign
  16.  

     

    Augmented Product

    Development Levers

     

    8 Customer Service Programs

    Postsales support, customer care, & customer relationship management.

    8 Loyalty programs and privileges

    8 Availability of complementary products

    8 Upgrades

    8 Enabling community

    8 Additional functionality

    8 Fulfillment capabilities

     

     

     

     

     

     

     

     

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