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The New Marketing Role: Testing & Tested

There have been many discussions lately about new marketing and how the function of the marketer has changed in recent years. The position has gone from a primarily creative role to one encompassing many new competencies.

As if that wasn’t difficult enough, marketing is also being challenged more and more to prove its ROI to the business, whilst at the same time being “forced” to get intimate with IT. These are very tough times for marketers. That is why I thought I would add my support and sympathy with a few ideas on how to make your life a little easier.

A/B Testing

Oreo's creative marketing at 2013 SuperBowl

It is no longer sufficient to publish great content on the web. Marketers are required to constantly challenge their own thinking and to improve what they are doing. A/B testing is now C/D/E and almost every other letter of the alphabet.

Great is no longer enough and anyway doesn’t stay great for long in the eyes of the customer. They are now (too) quickly losing their first positive impressions, accept as normal what was surprising just one week earlier and are soon off looking for something better.

 

IDEA: It is essential to work out a detailed plan of online activities, just like any other section of the marketing plan. Decide who will publish what and when, and make sure it aligns with and supports your offline events. Incorporate testing of content and headlines into your plans too, but always leave a little space and flexibility for topical content should something inspiring happen in the marketplace. Think Oreos at the 2013 SuperBowl.

Prepare to be challenged

Greenpeace marketing against P&G

Although I don’t know whether P&G were prepared for last week’s direct Greenpeace attack on their Head & Shoulders br and, it is not something they can easily ignore. After a similar attack on Nestle’s KitKat last year, it is clear that customers feel empowered to verbalise discontent in a ferocious manner. For this reason, it is vital to be prepared for as many possible eventualities as possible. This is where future scenario planning can be of immense support.

IDEA: Watch how other br ands are being called up short and consider what you would do if something similar happened to one of your br ands. Spend time studying societal trends (you are of course following them, aren’t you?) and then develop a few plausible future scenarios. The easiest way is probably to identify the two most important axes of uncertainty and then to describe each of the four worlds created. Review and agree what marketing and management would need to do in each of these situations.

Proving what you’re worth

Marketing has never been so closely scrutinised nor challenged as in recent years. The wealth of information being produced thanks to new technologies makes it arguably easier to measure activities than ever before. So marketing is being challenged by the business to prove its ROI. It is no longer acceptable to claim the lack of direct relationships between actions and outcomes, because of the wealth of data available.

IDEA: Review and agree with management the KPIs that you both consider to be indicators of marketing success. And then measure them, regularly if not permanently. Read this article for the top ten KPIs you should be following. Real-time information has become the new norm and although challenging at times, it does provide the advantage of the possibility for a quick response when things are not going according to plan.

Getting more comfortable with data

Marketing & IT need to be friends

It has never been a priority for marketing to befriend the IT department in their own organisation, but that time has come. But marketers need help in managing all the data available to them and for this they require systems and platforms. As was reported in a recent Domo report, the majority of marketers would work with data more often if they had the time and it was all in one place instead of dispersed across platforms.

IDEA: Work with IT to develop a system to provide easy access to the KPIs you’ve identified as of most relevance. Also develop dashboards that summarise all you activities on one page and into just a few, if not one single number – which management too will appreciate.

Get intimate with your customers

Just in case you haven’t heard, your customer is in control and that includes of your own marketing in many instances. From venting their dissatisfaction on social media, to boycotting your br ands when they don’t agree with your sustainability or sourcing efforts, today their voice is most definitely heard. If you still don’t have company objectives which include spending time with your customers then you need to set this up – urgently.

IDEA: Introduce your whole organisation to your customers and make sure you put them first in every single thing you and the company does. There are so many ways for people to get a better underst anding of their customers and rather than feeling you are losing control, you can lead the area and get additional recognition as a customer representative, rather than “just” a defender of br ands. That is in my opinion the only real future for marketing.

These are just five ways that marketing is being tested today and hopefully my ideas have inspired you enough to see this as an opportunity rather than as a threat. Let me know what you have introduced in your own organisation to meet these new challenges, or maybe others you yourself have faced; I’m sure everyone would love to learn from you.

C³Centricity used images from Microsoft, Forbes & Greenpeace in this post.

Improving the ROI of Information Investments

If you have ever worked in a typical organisation, you will have almost certainly been under pressure at times to reduce budgets. Each time this happens, market research and information gathering tend to be one of the first areas to be cut. After all there doesn’t appear to be a negative impact on sales, so its Return-on-Investment is questioned. Sound familiar? Then read on.

Unlike advertising and communications to your customers, information gathering does not have an obvious link to sales, at least in the short term, so it is the first target many managers choose when looking to reduce costs. If you are tired of having to constantly defend your budget then I have some ideas to help, so that next time someone comes looking for money, it won’t be from your budget.

#1. Take your (internal) client’s perspective

What is the boss getting for his / her money? If you reply lots of data and information, then that is the reason your budget gets cut. People who have problems don’t want data they want solutions. Therefore don’t provide nice tables and graphs, but rather a story to inspire the changes you recommend, based upon your findings.

#2. Review your methods

Are you still doing the same type of information gathering that you’ve done for the last five, ten or even more years? If so then it is time to review your methodologies, questionnaires and reporting. The world is changing fast and you can’t expect the questions you developed years ago remain as relevant today as they once were. Take a look at your customers and see how they have changed and what needs to be measured today. That way what information you do collect is likely be in areas that are new to the organisation and thus invaluable.

#3. Review your reports

Another habit we can get ourselves into is to continue to produce the same old reports with the same KPIs, graphs and tables. Or sometimes even worse, as I once sadly witnessed in a major FMCG / CPG; the reports just kept getting bigger and bigger as more and more information was added. It got to the point where management woke up to the fact one day and (rightly) cancelled the whole report!

As with methodologies, your own reports need to be regularly updated. What are your own clients really using out of everything you circulate? You may be disappointed to see just how little they use. If they are not reading / reviewing everything you send, then stop sending it. When you get over the shock, you will be happy to have more time to develop more useful analyses. After all, the main reason we get locked into habit is that we don’t have time to think!

#4. Review your costs

Are you working in a regional or global organisation? If so, has your company negotiated discounts for multiple purchases of their different external reports and analyses? Many suppliers are open to providing a discount for a st andardised report or mass purchases of regular reports they produce. However they won’t offer them if they find unnecessary multiple purchases, why should they? You have to ask for them.

#5. Review your value

With the above four points you may be able to avoid a budget cut next time, but you need to also prepare for future crises. Review what value you provide and admit honestly whether or not you would pay what you cost your organisation, for the information and insights you provide. If not, then act quickly before someone else realises this too. Find out what your clients need and provide more of it. Perhaps even more importantly, find out what your clients may need in the future and are maybe not yet aware, and pre-empt their request by offering it. That will certainly impact your value and their appreciation.

If you follow these five tips, then you have a good chance that your budget will not be cut next time your manager has to make a cost-cutting exercise. Have other tips to add? Please add your comments below and also share these with your colleagues. They will appreciate your foresight.

Let’s discuss how we can help you achieve a better ROI on your information investments; contact us today and check out our website: https://www.c3centricity.com/vision

C³Centricity uses images from  Dreamstime.com  and  Kozzi.com

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