and analytics
Summary
This summary contains all the information of lectures,
tutorials, guest lectures, key message of the articles
(including finding, model, and implication) and some tips
about exam.
⭐=it is one of the questions/topics in the actual exam
L1=lecture 1
T1=tutorial 1
G=guest lecture
A1.1=article 1.1
Check the reading list at the end of the summary
, WEEK 1
DMA-L1-Platforms, Data Types, Metrics&Conversion-Attribution I
● Digital Landscape
● Digital Marketing & Analytics Main Challenge: Measuring the real IMPACT – no speculation, no
wishful-thinking – we need to know what really matters
● Digital Landscape Expanding: Online data getting more and more complex and challenging now ;
But the data is also getting rich, comprehensive and diverse to better understand, predict and manage
customers’ behavior.
● Digital is Distinct: Personalization & User Generated Content
● Personalization (Individualization, such as Netflix,targeted Ad) and UGC (如 reviews,comment,
out of control)what make today’s digital platforms substantially different than traditional offline
marketing
● TV, Radio, Newspaper: (non)digital traditional media (same message to all);
● New Digital media (unique-personalized messages and more information exchange between
customers)
● Customers actively generate content and impact/shape-up other customers and firms’
behavior
● Digital Marketing: Customer Journeys & Touchpoints
● All these goals and benefits can be achieved through designing and managing seamless
customer journeys on digital platforms – by using right digital touchpoints synchronized with
offline platforms & touchpoints.
,● Touchpoints: Paid-Owned-Earned Media
● Paid-Owned-Earned Media
● Paid-Owned-Earned Touchpoints: Most widely used classification in business practice. Know and
used by most marketeers and advertisers. Not a must-use recipe, but easy to understand and
implement.
● why this classification?because of different control level
● Owned Media, i.e. your web site, your app, your social media platforms – so where you can
post your own information for ‘free → full control
, ● Earned Media is the most difficult, yet a valuable type of media. Word of mouth, conversations,
comments, likes and shares.
● could be positive or negative(scandal,rumors),by (potential)customer
● Paid Media: where you pay including > advertising, search engine advertising and promoted
social media content.
● anything you paid for in touchpoints
● Thus a vlogger or influencer is by definition Paid Media (NOT Earned) since it practically is
a paid medium. However – going one step beyond –the customer-to-customer sharing
stimulated by influencer, then is an earned activity
● Paid-Owned-Earned Media: Relevance
● Why do we need such classifications or why don’t we handle each touchpoint in a granular
way ?
● Hundreds of online (and offline touchpoints) – hard to make managerial decisions for each
touchpoint.
● POE helps decision making whether the firm should focus on advertising (paid), content
& service (owned) or engagement (earned)
● Extension > Category Media(A 1.3)
● Zaremba (2020) extends this classification and add Category Media on top of POE framework:
● Category Media: Publications related to the** topic/product category** that do not mention
the advertiser’s brand / or by the focal brand.;positive and negative spillover effects
● Category media cover the competitors’ own, paid, and earned media and** independent
**publications related to the product category(that do not mention the advertiser’s brand
and competing brand)