March 6, 2013
What Brands Want Hasn’t Changed Much – a great article from Brian Morrissey today. He covered recent research from ANA – the 2012 survey of marketers‘ Top Concerns.
I’ve known folks at Digiday for a year or so but had the distinct pleasure of meeting Brian for the first time last week at IAB. Yeah, it’s nice to put names and faces together so that meeting probably grabbed my attention when I saw the email come in, but his coverage of this research really hit a note with me.
For all of the column inches of text covering “shiny bobbles” like the latest social media tip or mobile ad feature, what marketers really want is:
- Accountability 64%
- Integrated marketing 50%
- Building strong brands
Top marketers are focused on delivering strong data-driven customer experiences and shareholder value… What a breath of fresh air!
Leave a Comment » | Multi-channel marketing, Strategy, Thoughts | Tagged: ad tech, advertising effectiveness, brand marketing, Marketing and Advertising | Permalink
Posted by Mark Ogne
November 7, 2012
Quick thought… how frequently do you hear people talk about a 360 degree view of the customer? How frequently are the same people referring to a core marketing database that is exclusively offline OR online in its capabilities? This is a clear indicator of the actual range of their customer centricity.
Historically, the marketing database held insight about customers and prospects and aggregated information from many offline channels… telemarketing, POS, customer service, direct mail, and others. 15 years ago, that was pretty close to a 360 degree view. However, since the advent of digital communications channels, more and more insight has been outside the view of these assets… rendering them less valuable and perceptually obsolete. Today, with about 42% of media impressions being in digital channels, this historical vision has now shrunk to about a 208 degree view, and, promises to continue shrinking.
Contrasting this, all too often I see industry luminaries extole the benefits of a 360 degree view of the customer and refer to a solely digital solution… Yeah, that’s actually only a 151 degree view. Even a less accurate view of the customer, and typically with far more remdial concepts of marketing data and predictive analytics.
What does this all mean? Customer centricity will be illusive until online and offline marketers start sharing data and tools… communicating towards the same objectives. The traditional direct marketing folks have assets that digital marketers would be floored if they understood; Predictive analytics, record matching, cross channel campaign tools and more. However, the people who manage them frequently do not see the path to actioning these assets in the new world. Meanwhile, digital marketers are trying to build things that already exist and their vision is limited in scope, never actually seeing the 360 degree view of the customer.
2 Comments | Customer Experience, Marketing Data, Strategy, Thoughts | Tagged: advertising effectiveness, behavioral targeting, Business, consumer behavior, consumer centric marketing, consumer engagement strategies, Customer, Customer centricity, Customer relationship management, innovation, marketing, Marketing and Advertising, marketing strategy, Panorama | Permalink
Posted by Mark Ogne