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Marketing
budgets have shown increasingly optimistic signs of improvement…but
these come with some new, tougher terms and
conditions, writes Richard Stephens.
What has happened in the last thirty months is a realisation that
marketing, although now universally seen as essential to sales and
branding success, needs to be refined in future application, avoiding
inefficient or unnecessary expenditure.
In short, we all want more results from less investment and FDs are
watching our every move!
So what new, more effective ways are there for a shrewd marketer
to spend less money to make more?
Marketing services suppliers have been busy creating smarter, more
refined tools to talk to customers.
These new tools aim at slicing schedules, reducing cost and removing
wasted effort in finding and interacting with those customers most
likely to buy the products and services being marketed.
The results are extremely interesting and centre upon one core mantra
for future use of marketing effort – ‘make it relevant
and keep it personal’.
Making it relevant
Amazingly most companies already have the essential ingredient of
more effective marketing: good customer profiles – information
about the customer, a person’s age, interests and status- all
stored away somewhere in their databases.
Analysis and careful use of customer records allows us to select
likely targets for any specific business proposition-with better
accuracy and more relevance than ever before. Selective direct mail
using “good” data sources for example can; given the
right creative messaging and presentation; increase response from
direct mail to 15-
25% compared to a more common 2 or 3%. By simply tuning the message
and printing less collateral the interest amongst targets goes up
while costs come down.
Keeping it personal
Improved customer data is compatible with modern printing techniques.
The new digital print systems can now print ‘variable data’ – personalised
individual elements that can customise the presentation to be
more relevant, interesting and attractive to the recipient. This
process involves a totally individual appearance, by language,
regional images (maps, graphs or photos) and appropriate use
of personal information, like name, place of work, profession,
age etc.
These variable and personalised techniques, provided by digital
print companies such as Ruscombe and Abbeygate are used more increasingly
by luxury goods manufacturers or financial institutions to blend
tuned proposition with individual personal profile increasing customer
reception and interest and delivering responses of over 40%* when
used correctly.
For its new client, called Abrocour – offering
broadband wireless solutions to new homes – Creative Direction,
the marketing consultancy, used “personalised advertising” in
a trade journal to pick off 1000 top MDs and CEOs of house builder
companies – to personally present a business proposition.
The result was massive penetration into the top 50 homebuilder
companies (which build over 80% of new homes in UK). Again marketing
that is relevant, personal and effective.
Specialist Marketing Services
Specialist supplier companies provide a wide range of new marketing
techniques and services that, if used in a co-ordinated fashion
can provide fantastic ROI and maintain the sort of directional
message effectiveness that only advertising used to do – but
at a much higher price and with extraordinary wastage.
Some companies have applied “viral” campaigns, for
example J2O, bravely and now famously used a “toilet training” game,
designed by new media house Graphico, to highlight the aspects
of its non-alcoholic beverage achieving an award-winning online
interactive product launch that covered millions of ‘interested’ customers
for a fraction of the cost of any TV commercial.
Marketers can select services like ambient or gorilla advertising – Inside
Ambient; database and marketing research – TDMB; printing
solutions either digital – Ruscombe, or more traditional
litho services – Geoff Neal Litho.
Retail tools include powerful instore product demonstrations, product
promotion covered by “field marketing” techniques – Cert
and Channel Advantage; a pop-up or fully constructed exhibition
or event with customised graphics – Volaire; specialist media
PR - SPS Media; or even a 24X7 print and procurement portal to
hammer down vendor costs – XRALLE from ROI Distribution.
Coutts, a specialist retail solutions company, and one of the UK’s
foremost specialists designing in-store environment displays, used
a creative answer to Olay’s need for both looks and return
from in-store displays – the result, improved impact and
a curvaceous design very suitable for a female audience…
It is nice to see that money is once again being invested into
the marketing arena – and also good to see that some services
have gained attention from marketers looking to use their hard
earned budgets more wisely and more profitably.
For further information, please contact:
Richard Stephens
DirectionGroup
Tel: 0118 989 8104
Mob: 07836 587096
Email: richards@directiongroup.co.uk
www.directiongroup.co.uk
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