Knowing that Multi-channel Marketing Integration is Vital is a Start...Part 2


As I've already mentioned in my last post "Multi-channel Marketing Integration is a Vital Start But How Do You Actually Get There? Part 1",  knowing what to do is a start but if you are a small to medium business, or a small department in a large company, with Read more

Knowing that Multi-channel Marketing Integration is Vital is a Start...


But How Do You Actually Get There? Part 1 I like to quote or reference colleagues’ posts, articles and such, but this time I find myself quoting from a solicitation to a webinar! That’s because it summarizes one of the biggest challenges you face as a marketer…cross-channel integration. Hats off Read more

Gaining Customer Attention is Step 1


Continuing on the theme of last month's post "Every Campaign Gain is a Win",  let's discuss incremental gains. While measuring incremental revenue and profits is the bottom line, measuring incremental email opens and click through rate (CTR) is indicative of how well each wave of the campaign is performing. Just Read more

Every Campaign Gain is a Win


We all set goals - email opens, email clicks, conversions, store visits, product purchases - for our marketing campaigns & programs. As we should! And typically those goals are high - 40% uplift, 20% incremental revenues or profits driven, 30% conversion. Many companies, especially when they are implementing more Read more

Knowing that Multi-channel Marketing Integration is Vital is a Start…Part 2

Ann McCartan Leave a comment  

As I’ve already mentioned in my last post “Multi-channel Marketing Integration is a Vital Start But How Do You Actually Get There? Part 1″,  knowing what to do is a start but if you are a small to medium business, or a small department in a large company, with limited staff or technology, how do you implement what could be a complex eco-system?

Again, Here’s the pitch:

From search to social, customers are interacting with your brand across a variety of channels, most likely created by many different people, in many different departments. However, chances are your customer thinks of your brand as just one entity, purchasing across channels, oblivious to your internal structure and processes. Providing a consistent message and customer experience is critical, so savvy marketers are optimizing campaigns through automated marketing programs and integrated data strategies.”

Let’s talk about the impact of brand, message and the customer’s perception:

Providing a consistent message and customer experience is critical…   Let me ask you something:  how consistent is your messaging?  What about your brand, even down to company logos?  How often does your ecommerce side send out messages at the same time as your direct business?   I’ve been in multi-billion dollar companies where departments send not only different messages but competing price offers or other deals in the same period!  If you are a small or mid-sized company this probably doesn’t happen (often) but regardless of size if you have more than one line of business it can and will.

The key here is customer experience!  And message consistency flows from that once the first is accomplished.   There is a brand umbrella here, folks, and you can all fit under it.   One way to accomplish consistency is simply using the brand logo and tagline in every communication.  No doubt the offers will vary, but leave no doubt in the mind of your consumer that you are One Company.

Do you agree? or disagree?  Leave a comment if you like.

Regards,

Ann McCartan

DBMCatalyst

 

 

 

 

Knowing that Multi-channel Marketing Integration is Vital is a Start…

Ann McCartan Leave a comment  

But How Do You Actually Get There? Part 1
I like to quote or reference colleagues’ posts, articles and such, but this time I find myself quoting from a solicitation to a webinar! That’s because it summarizes one of the biggest challenges you face as a marketer…cross-channel integration. Hats off to “Direct Marketing News” who will not doubt put on an informative webinar.

Knowing what to do is a start but if you are a small to medium business, or a small department in a large company, with limited staff or technology, how do you implement what could be a complex eco-system?
Read more ›

Gaining Customer Attention is Step 1

Ann McCartan, DBMCatalyst Leave a comment  

Continuing on the theme of last month’s post “Every Campaign Gain is a Win”,  let’s discuss incremental gains. While measuring incremental revenue and profits is the bottom line, measuring incremental email opens and click through rate (CTR) is indicative of how well each wave of the campaign is performing.

Just looking at email metrics, a recent campaign showed a lift of 8% in Opens among existing customers.  What does that mean?  It means that 8% of the total universe of customers mailed in this wave engaged and opened the email although they had not done so in the prior wave.  Additionally, we saw a 2% incremental lift in CTR (click through rate.) Read more ›

Every Campaign Gain is a Win

Ann McCartan, DBMCatalyst Leave a comment  

We all set goals – email opens, email clicks, conversions, store visits, product purchases – for our marketing campaigns & programs. As we should! And typically those goals are high – 40% uplift, 20% incremental revenues or profits driven, 30% conversion. Many companies, especially when they are implementing more sophisticated techniques like multiple waves of communication or multi-channel initiatives, sometimes forget to factor in the type of audience they are addressing.

Consider a campaign to existing customers. If you are a service provider with loyal customers (those who have purchased from you repeatedly), you should look for modest gain. Hey, they already love you! Take the extra 2 – 3% gain over past campaigns and consider it well worth the effort. You’ve just retained a valuable customer who will continue to buy from you in the future. In one recent campaign, set to execute 4 communications to customers over 4 weeks, we’ve seen an 8% lift with just the first communication alone. Read more ›

Let’s put the Data back in Database Marketing

Ann McCartan, DBMCatalyst Leave a comment  

In the last year I’ve had numerous opportunities to explain what I do…and explain and explain…mostly to people who are involved in some aspect of marketing but not database marketing specifically.  To a person, when I’ve said “database marketing” they’ve said “oh you work with computers (database.)”   Well, I do some of my work through a database but that’s not the essential point.   And then, as you can imagine, the conversation has veered off into technology….

Technology may be the enabler, and clearly the database is key, but the data are paramount.  Database marketing is about the collection and application of data – about the customer and the prospect.   Wikipedia, an eminently detailed reference describes it like this:  “…Database marketing emphasizes the use of statistical techniques to develop models of customer behavior, which are then used to select customers for communications…”  Read more ›

Selecting the Right Marketing Program Metrics

Ann McCartan, DBMCatalyst Leave a comment  

As a quantitative market researcher – earlier in my career – I learned a couple of key lessons about research design which have held true as a direct/database marketer. Foremost, that you have to know what results you need, and what business decisions you need to make, before ever crafting a question. Call it a hypothesis, if you love science, or a set of decision points, if for business.

So, what does this have to do with selecting the right marketing metrics? I was reading a great article “E-Mail Metrics That Matter ” and, while the whole article is worth reading, what made it great was the assertion that before selecting any metrics, it is crucial to know “what business goals you are trying to attain and what problems you are trying to solve.” Read more ›

If Your Marketing Automation budget got an extra $10,000…

Ann McCartan, DBMCatalyst Leave a comment  

Recently I got into a conversation about incremental budget and basically how to optimize marketing automation with a shot of cash.

My reply was to spend the additional funds on improving the data, specifically, data enhancement. This is the addition or overlay of elements that describe the prospect or customer fully, such as demographics/firmographics, psychographics (attitudes, lifestyles) and most importantly behaviors. These elements are the basis for segmenting the consumer into groups such as best customers/prospects, most likely to upgrade or purchase additional products/services as well as for the creation of predictive models. Read more ›

Building Customer Insight

Ann McCartan, DBMCatalyst Leave a comment  

I didn’t write the article I’m going to present, but I could have.  Which is not to compare or detract from Joseph M. DeCosmo’s wonderfully concise “survey course” in using customer insights to target relevant messages to the most receptive customers or prospects.  The Goal: make money from your customer data, right?

I could have written it because I have experienced every step along the path he describes both as an employee of or consultant to large corporations who have decided that customer data is the key to relevant marketing.   Read more ›

Customer Loyalty: Are We Overlooking a Key Factor?

Ann McCartan, DBMCatalyst Leave a comment  

Do we really understand what drives a customer’s loyalty?  How often is customer service measured and factored into the “loyalty” equation, as well as the calculation of a customer’s life time value?

Today I read a post  “A lesson from LeBron James for loyalty marketers” cautioning brands to remember that today’s program offerings, promotions and selections – though inspiring multiple purchases and trips – may become less relevant to customers tomorrow.  In short, loyalty ain’t what it used to be and and marketers need to be ever vigilant to changes in customer profiles that indicate swings in a competitor’s direction. If you can detect when customers’ loyalty shifts, you’re ahead of the game. Read more ›

B2B Segmentation: Which are the relevant behaviors?

Ann McCartan, DBMCatalyst Leave a comment  

Just the other day in my post,  “Digging Into Customer Behavior” , I listed some of the behaviors that appear to indicate strong purchase intent or seriousness and also mentioned that each one can have a different impact depending on the true interest of the Visitor.

So, which of the behaviors is indicative of an intent to Convert?  How do you assign importance or ranking?

Behaviors such as attending Webinars, downloading White Papers, Site Surfing and Contact Requests are all observed behavior but not always clear indications of intent to purchase.  For example, what is the value of a White Paper Download?  Some companies require contact information as a prerequisite for the download, while others believe the papers should be freely given?  I hate to tell you the number of calls I’ve received after providing my company information to download!!!  In fact I had no intention to purchase, I was just curious. Read more ›