Asiaone 1-42
Asiaone 1-42
Asiaone 1-42
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MARKETING AND BRANDING STRATEGY<br />
BUSINESS<br />
Our marketing objective is to build our brand names. Brand building increases the public’s awareness<br />
of our image and service offerings. As more websites, products and services proliferate across the<br />
Internet, it is necessary for us to build a strong foundation for our brands. Products and services can<br />
be copied but good brands are difficult to replicate. We plan to invest long term in brand building<br />
through quality advertising. We intend to spend approximately $15 million for these marketing<br />
campaigns.<br />
In the launch phase, we have invested in advertising in the traditional mass media like press, television<br />
and radio in Singapore. In the second phase, we will expand our advertising into regional markets<br />
like Southeast Asia, Hong Kong and China.<br />
To increase the level of awareness and top-of-mind recall of our websites as well as to attract new<br />
users, we will continue to engage in a series of marketing campaigns via the traditional mass media<br />
as well as through co-branding ventures with other successful brands. Co-branding of websites enable<br />
users to fully enjoy the information and services offered by both partners and enhances the total<br />
customer experience online. Co-branding also offers additional revenue streams such as advertising<br />
and joint sponsorships.<br />
Besides brand building, our marketing thrust also includes loyalty programmes to retain customers.<br />
These programmes will be used to reward regular customers as well as to attract customers to visit<br />
our websites more often. Prizes, contests, rewards and games will be introduced in an exciting way.<br />
To further build and maintain users’ loyalty, we plan to do the following:-<br />
(i) invest in new technology to build comprehensive websites to support mass transaction capabilities<br />
and website functionality to provide portal services which users find easy to use and will want<br />
to continue using;<br />
(ii) increase the depth of our existing channels;<br />
(iii) introduce new channels on specific topic areas;<br />
(iv) introduce new products and services at our websites;<br />
(v) augment the range of product offerings at our e-commerce websites; and<br />
(vi) continue to provide free personalised services.<br />
In order to achieve an enriching total customer experience, it is crucial to have an integrated portal<br />
strategy. We adopt a holistic approach to communications, branding and services. This enables<br />
customers to have a unified look and feel of the service offerings and can have convenient links to<br />
relevant services. An integrated marketing strategy for our portal sites enables us to cross sell and<br />
upsell our services to the users.<br />
We employ a software called NetGravity to track the readership at our websites. With this database,<br />
we are able to profile our registered users to better enable us to cater to our users’ needs and<br />
interests and to render personalised value-added services to them. We may, for example, introduce<br />
our users to channels at our websites which they are less familiar with and to the product offerings<br />
which they may not be aware of. For example, when a user buys a car through our classified<br />
website, he will be introduced to our e-finance portal where the user may find car loan packages<br />
and motor insurance policies. The aim is to position our portal as a “one-stop” destination site.<br />
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