Showing posts with label Customer Retention. Show all posts
Showing posts with label Customer Retention. Show all posts

Saturday, 9 March 2013

Do you agree that Today, the ad industry is being overrun with people who have no idea what is universal and what is transient in our business?


?

They are not being taught principles, they are being taught tactics.To them,

Bernbach, Ogilvy and Riney are just names of old dead guys. They never heard

of Ally and Gargano or Scali, McCabe, Sloves. They have no idea what these

people and organizations did, or stood for, or taught us about advertising.

It's our own fault.

No one is willing to take the time to learn the history so he, or she, can

teach it. Our own industry organizations - particularly the I.P.A - are

prime culprits. By desperately trying to remain "relevant" they have sounded a

constant drumbeat about "digital changing everything" that is not only false, it

undermines the importance of young peoples' need to learn the history and

principles of our trade.

Thursday, 18 October 2012

It is refreshing to hear more discussion around the shortcomings of social media...

... rather than the constant proselytizing of a still baby-fresh and

misunderstood communication channel. However, possibly a more constructive way

of thinking about those shortcomings is to consider the growing gap in

expectations of what social media can and should achieve for a brand.

The IBM Institute of Business Value just published a study

comparing the differing perceptions of business leaders and consumers regarding

social sites. The most interesting find from the study was the ironic business

misperception that consumer's would rank discounts and purchase opportunities at

the bottom of their list of reasons to engage with a company's social site. It

actually ranks at the top of their list.

Companies need to design experiences that deliver tangible value in return

for customers' time, attention, endorsement and data. -IBM Institute of

Business Value.

Time and attention really are the currencies of our customers. Those expenses

are precious for them and they want something in return for it. Simply providing

conversation's will never be enough. No brand is interesting enough to entice

just by being available. Although the social space is cheaper, quicker, and

ever-present, a brand still needs to provide those nuggets of material value to

drive significant engagement.

And Interactive Communication does all that...and more!

Monday, 15 October 2012

Consumers attitudes to digital advertising - a decline in response rates!



A new YouGov survey into the attitudes of consumers to digital advertising

has revealed some alarming trends around how the explosion of digital marketing

has jaded many consumers, and hinted that a shift in approach may be required by

digital marketers.

Marketing Tech contributor Marco Veremis is president at

UpStream, the digital response specialist that commissioned

the research, and a front runner in mobile and digital advertising for over a

decade. Speaking to him at the Mobile World Congress recently, we questioned him about the

interesting and alarming shift that's taken place over the last five years as

the numbers of digital ads being served every year rocketed from 150bn in 1996,

to a staggering five trillion today.

The effect, as one might expect, has been general desensitisation and a

decline in response rates. This is the worrying part,says Veremis.

Response used to be a healthy 7%, but today it's below 0.1%. And the

reaction of advertisers over the last five years has been, "well, my response

rates are declining, let's do more, more, more"

But more, more, more can be a risky strategy; not just because of the general

apathy and ad-blindness it lays on the average consumer. As fast as response

rates are declining, the number of consumers staying with a brand and not

actively opting out of communications is on the decline also.

Perhaps more worryingly, disgruntled consumers have the power to wreak havoc

and brand damage like never before. "If you asked asked people 40 years ago whether

they were getting too much advertising, the answer may well have been the same

as today, says Veremis. ,But today they have the ability to go online and be

vocally negative about that brand. So the negative impact is there, there is

such a thing as negative brand awareness.

On the face of it, running less advertising in a more targeted way would seem

the logical solution. A lot of companies have caught wind of this, but many

have fallen into another pitfall, personal data, says Veremis. How are you

targeting?

It's a pitfall elegantly demonstrated by the oft-cited case of the US teenage

girl, secretly searching Google for abortion information, whose family then

learns of her pregnancy through targeted pregnancy ads.

On the one hand you've got invasion of privacy, trying to be more targeted

and advertising less, says Veremis. On the other hand you've got massive

volume. Whereas the middle ground?

The interesting thing here is that none of these are traditional marketing

segmentation metrics that companies use.

Privacy has become more of an issue as people become more protective and

more vocal when it is violated, concludes Veremis. Targeting criteria should

change; one should look for the types of data that are perceived to be

non-intrusive.

However when you use interactive communication, properly executed, all your marketing becomes

totally unobtrusive and, at the same time, totally effective and accountable.

Wednesday, 26 September 2012

The biggest piece of empirical research ever conducted on consumers’

The biggest piece of empirical research ever conducted on consumers’ digital behaviour and their attitudes to social media from the world’s biggest market research company, you would have thought, would create quite a lot of buzz. After all, 72,000 consumers interviewed across 60 countries is quite a sample. Yet coverage of the report and its key findings was almost non-existent. Blink and you missed it.

One look inside the Digital Life report, however, explains the lack of attention. Unlike the overly optimistic and wildly out of touch proclamations of the social media industry and those that cover it, the TNS study was based on empirical data. And as a result, it presented a much more even-handed and objective view of the digital landscape than most marketers are comfortable accepting or forwarding to their peers.

For example, the report concludes that the majority of consumers in developed markets do not want to engage with brands via social media. In the UK, that proportion was at its highest with 61% of consumers stating they do not see social media as a place they want to interact with brands. That’s a bummer for every brand manager who spouts the usual crap about "having a conversation with the consumer", because almost two-thirds of their consumers aren’t interested in talking to them.



But these facts were probably not communicated to you because they do not fit the ideology that the marketing industry is attempting to propagate when it comes to social media. - the hegemonic forces of marketing prefer to tell a story of new apps and bold Facebook strategies rather than a more fair approach. But what also emerged from the data was clear evidence of the lack of credibility or engagement that most brands can expect from their forays into social media. A spokesman for TNS said "Many brands have recognised the vast potential audiences available to them on social networks; however, they are failing to understand that these spaces belong to the consumer and brand presence needs to be proportionate and justified."

Wise is the marketer who uses data to assess the situation. In all the hullabaloo, has anyone considered that the term social media has no place for brands within its definition? ’Social media’ literally means the communication channels that exist between people. Not between brands.

But like every medium before it, brands try to invade that space anyway. And social media, like every other medium before it, is already suffering from clutter as a result. As more brands attempt to grab attention and start social media conversations with disinterested consumers, more of them will switch off.

Brands ‘wasting time and money’ on misguided digital strategies, study

Brands ‘wasting time and money’ on misguided digital strategies, study

UK social media users are among the most resistant consumers in the world towards brands invading their personal space, according to a new study, which reflects how businesses are wasting time and money trying to reach people online who, in all likelihood, probably aren’t listening.

Data revealed by TNS Digital Life  found that 61% of UK consumers do not want to engage with brands in their social networks, a figure that is slightly above average (57%) from other developed markets studied.

In stark contrast, fast-growing markets, mainly across Asia, South America and Africa, are much more open to brands online. About 60% of consumers there see social networks as a good place to learn about brands.

In Europe, however, 
the numbers seem bleak in comparison TNS suggests that misguided digital strategies are generating ‘mountains of digital waste,’ from friendless Facebook accounts to blogs no one reads.

This is being combined with ever-increasing content produced by consumers – the study shows 47% of digital consumers now comment about brands online.

The result is huge volumes of noise, which is polluting the digital world and making it harder for brands to be heard – presenting a major challenge for businesses trying to enter into dialogue with consumers online.

The study also sheds some light on why people do engage with brands online. More often than not, motivations of online commentators can be self-serving. 61% of consumers are driven to engage with brands online by a promotion or special offer.

About 46% of consumers motivated to post comments on companies do so for the simple desire to impart advice, while more people like to praise than complain online (13% v 10%).

According to marketing consultant, Richard Hillgrove the problem for many brands is the message.

"People in the UK don’t want obvious messages. It’s the same way Britain has largely rejected product placement on television. We don’t like things ‘in our face’ – the Americans don’t seem to mind."To achieve success online please use Interactive Marketing Communication @ Paul Ashby (UK) 01934-520047 or paulashby40@yahoo.com

Thursday, 30 August 2012

Why does personal service have to be limited to the offline world?

Why does personal service have to be limited to the offline world?

Well, leading Interactive marketing expert, Paul Ashby (Shoppers' Voice)

can show you that it doesn't. Shoppers' Voice has been

designed to help digital and marketing professionals increase the effectiveness

of all their marketing channels through more relevant interactions with individuals.

Paul Ashby can show you the main principles and benefits of personalisation, show

examples from leading companies using it successfully and give practical advice

on how companies can develop their own personalisation strategies.

If you're looking to improve customer engagement, repeat purchase behaviour

and encourage deeper interaction across all your marketing, then you

should talk to Paul Ashby (01934 620047) or paulashby40@yahoo.com

Monday, 27 August 2012

Return on investment

"Return on investment—ROI—is the

hottest buzz word in advertising and

media; it has been for at least two

years and will continue to be for

another decade."

And only Interactive Communication gives you complete ROI!

Wednesday, 25 July 2012

THE NEXT BIG THING...

...FLOGS

 

Be careful what you believe on the internet: there’s a growing chance that you re being hoaxed by a cynical PR firm. Just as the blogging explosion was teaching us about "vlogs" (video bloggs) and "moblogs" (mobile blogs), along comes yet another trend that is far more pernicious.

A "flog" is a fake weblog that purports to chronicle an ordinary consumer’s passion for a business or a product, typcally without the company behind it declaring an interest. It is a scandalously dishonest practice.

Take Laura and Jim, an ordinary couple who recently drove a camper van across America and stopped over for free each night at their nearest Wal-Mart car park. Their likeably amateurish travel journal, Wal-Marting across America, chronicled all the decent, hard working Wal-Mart employees they encountered during their stopovers, all of whom seemed to have been stories about the company.

Lo and behold, the couple turned out to be a professional paid by Wal-Mart’s PR firm, Edelman, and folksy Jim was revealed to be a professional Washington Post photographer. Last month, Laura used the blog to come clean, admitting that she "should have done a better job" telling her story.

Since then, Edelman’s fingerprints have been found all over other related flogs. Working Families For Wal-Mart claims to be a grassroots advocacy group focusing on "the positive contribution of Wal-Mart to working families"; the PaidCritics.com blog sets out to "expose" union employees paid to "smear" the retail chain. Typical postings attack activists for denying "working families" cheap Wal-Mart prescriptions of half-price baby food.

Use Interactive Marketing Communication and know exactly what your getting!

Saturday, 21 July 2012

The Need for Interactive Marketing Communicatiom!

Put simply, because there is a human desire for interaction. We have created a media society during the past 40 or 50 years where there is an extraordinary reduction in interaction because of the one-way and more passive form of information retrieval that exists.
People desire to be taken account of, to affect change, learn and personalise their relationships with their environment. There are a phenomenal number of reasons, which cause people to interact, which go far beyond just giving them things.

When people participate in interactive marketing communication they are told that their efforts and feedback are of positive help to the advertisers. Moreover, by participating, they then learn and understand the message from the advertiser, personalise their relationship with the advertiser and their products (or services).

Consumers tend to filter out information they do not want to hear and this alters the effectiveness of advertising in quite a dramatic way. The purchaser’s decision is invariably a compromise and this leads to a certain amount of anxiety. The worry that perhaps the purchase decision was not the best or right one. In order to minimise this anxiety the purchaser seeks to reinforce his choice and begins to take more notice of his chosen product’s advertising. And, at the same time, the purchaser deliberately suppresses data, which might challenge his decision by ignoring the advertising of competitive brands.

People are often loyal to a brand simply because they do not want to readdress a decision. The opportunity to screen out undesired data always exists when media advertisements have to stand on their own and fight for attention.

Interactive Communication takes the consumer through the barrier of not wanting to address change; and this is the ultimate market the advertiser is after – the people who use his competitors’ products.

Now the consumer can say ‘Yes, I will change my behaviour and I have a very good reason or series of reasons why", and have a well-informed opinion or image in mind.

If someone goes into a product purchase decision with a very specific image of the product and its reason to exist and why they have decided those reasons are worth its purchase, the test in reality, the use of the product, will tend to confirm that premise, and therefore conversion will be enormously enhanced.

Interactive Marketing Communication turns passive advertising into active advertising and actually alters behaviour during the communication and learning process.

Interactive Marketing Communication increases sale.

And there’s more!

It enhances relationships and dramatically improves consumer knowledge, understanding and loyalty.
1. Strong Company or Brand Values.

To be effective communication has to be single minded in choosing a specific proposition which by definition cannot appeal to all. Yet every product, service or retail outlet can offer several attractive benefits and in some cases these can be numerous. Interactive Communication presents consumers with a ‘menu’ of powerful benefits, both rational and emotional, and asks them to choose the one which they find most relevant and appealing to them.

This allows them: -

a) Personalise their relationship with the communicator.

b. To absorb and retain the majority – or even all – of those extra benefits while making their choice.

Tuesday, 17 July 2012

Click Fraud


Martin Fleischmann put his faith in online advertising.

He used it to build his Atlanta company, MostChoice.com, which offers consumers

rate quotes and other information on insurance and mortgages. Last year he paid

Yahoo! Inc. and Google Inc. a total of $2 million in advertising fees. The 40-year-old entrepreneur

believed the celebrated promise of Internet marketing: You pay only when

prospective customers click on your ads.

Now, Fleischmann's faith has been shaken. Over the past three years, he

has noticed a growing number of puzzling clicks coming from such places as

Botswana, Mongolia, and Syria. This seemed strange, since MostChoice steers

customers to insurance and mortgage brokers only in the U.S

Fleischmann is a victim of click fraud: a dizzying collection of scams and

deceptions that inflate advertising bills for thousands of companies of all

sizes. The spreading scourge poses the single biggest threat to the Internet's

advertising gold mine and is the most nettlesome question facing Google and

Yahoo, whose digital empires depend on all that gold.

The growing ranks of businesspeople worried about click fraud typically

have no complaint about versions of their ads that appear on actual Google or

Yahoo Web pages, often next to search results. The trouble arises when the

Internet giants boost their profits by recycling ads to millions of other sites,

ranging from the familiar, such as cnn.com, to dummy Web addresses like

insurance1472.com, which display lists of ads and little if anything else. When

somebody clicks on these recycled ads, marketers such as MostChoice get billed,

sometimes even if the clicks appear to come from Mongolia. Google or Yahoo then

share the revenue with a daisy chain of Web site hosts and operators. A penny or

so even trickles down to the lowly clickers. That means Google and Yahoo at

times passively profit from click fraud and, in theory, have an incentive to

tolerate it. So do smaller search engines and marketing networks that similarly

recycle ads.

SLIPPING CONFIDENCE

Google and Yahoo say they filter out most questionable clicks and either

don't charge for them or reimburse advertisers that have been wrongly billed.

That confidence may be slipping. A BusinessWeek investigation has revealed a

thriving click-fraud underground populated by swarms of small-time players,

making detection difficult. "Paid to read" rings with hundreds or thousands of

members each, all of them pressing PC mice over and over in living rooms and

dens around the world. In some cases, "clickbot" software generates page hits

automatically and anonymously. Participants from Kentucky to China speak of

making from $25 to several thousand dollars a month apiece, cash they wouldn't

receive if Google and Yahoo were as successful at blocking fraud as they

claim. "It's not that much different from someone coming up and taking money out

of your wallet," says David Struck. He and his wife, Renee, both 35, say they

dabbled in click fraud last year, making more than $5,000 in four months.

Employing a common scheme, the McGregor (Minn.) couple set up dummy Web sites

filled with nothing but recycled Google and Yahoo advertisements. Then they paid

others small amounts to visit the sites, where it was understood they would

click away on the ads, says David Struck. It was "way too easy," he adds.

Gradually, he says, he and his wife began to realize they were cheating

unwitting advertisers, so they stopped. "Whatever Google and Yahoo are doing [to

stop fraud], it's not having much of an effect," he says.

Spending on Internet ads is growing faster than any other sector of the

advertising industry and is expected to surge from $12.5 billion last year to

$29 billion in 2010 in the U.S. alone, according to researcher eMarketer Inc.

About half of these dollars are going into deals requiring advertisers to pay by

the click. Most other Internet ads are priced according to "impressions," or how

many people view them.

Google and Yahoo are grabbing billions of dollars once collected by

traditional print and broadcast outlets, based partly on the assumption that

clicks are a reliable, quantifiable measure of consumer interest that the older

media simply can't match. But the huge influx of cash for online ads has

attracted armies of con artists whose activities are eroding that crucial

assumption and could eat into the optimistic expectations for online

advertising. (Advertisers generally don't grumble about fraudulent clicks coming

from the Web sites of traditional media outlets. But there are growing concerns

about these media sites exaggerating how many visitors they have -- the online

version of inflating circulation.)

Most academics and consultants who study online advertising estimate that

10% to 15% of ad clicks are fake, representing roughly $1 billion in annual

billings. Usually the search engines divide these proceeds with several players:

First, there are intermediaries known as "domain parking" companies, to which

the search engines redistribute their ads. Domain parkers host "parked" Web

sites, many of which are those dummy sites containing only ads. Cheats who own

parked sites obtain search-engine ads from the domain parkers and arrange for

the ads to be clicked on, triggering bills to advertisers. In all, $300 million

to $500 million a year could be flowing to the click-fraud

 

Wednesday, 27 June 2012

Sergio Zyman, former Chief Marketing Officer...


... the Coca-Cola Company had this to say about "The end of marketing as we know it"

"Simply put, the problem with marketing today is that for the past twenty or thirty years, marketers have become increasingly caught up with the trappings of marketing".

They have been wowed by the glitz, the awards presentations, and the jetting off to do a ‘shoot’ on some tropical isle, and they have forgotten that their job is to sell stuff. As a result they haven’t done a very good job of selling stuff, and they have tried to hide their failure to deliver results in a black box labelled ‘Marketing is Magic.’

"Today, at most companies, marketing is ineffective and therefore considered to be strictly a nonessential activity. Many marketers and their bosses might not admit it, but just look at their actions. Whenever budgets are tight, marketing is one of the first things that gets cut."

Now's the perfect time to make your marketing totally accountable and effective. Contact Paul Ashby paulashby40@yahoo.com and discover the future...now!

Friday, 18 February 2011

BOSTON CONSULTING GROUP STATES "MARKETERS SHOULD JETTISON OLD MARKETING MIX MODELS THAT DON'T FULLY INTEGRATE ALL CHANNELS EFFECTIVELY"

Fully integrated Shoppers Voice gives you complete communications planning going much further than anything available to-day.
With Shoppers Voice you embed communications planning completly into your brand(s) marketing.
SHOPPERS VOICE - ACCOUNTABLE - ACCURATE - INTERACTIVE - ON ALL CHANNELS!

Monday, 20 December 2010

SHOPPERS VOICE IS A MARKETING INNOVATION PARTNER

helping Retail organisations together with Brands to make stronger connections with their target audience.

OUR MISSION is to enable retailers to drive growth in loyalty, Retention, Marketing Effectiveness, Revenue & Profitaility.

Monday, 7 June 2010

YOU SHOULD USE SHOPPERS' VOICE BECAUSE...

Many middle income consumers are continuning to trade down to own label products in an effort to save money!

Contact: paul.ashby@yahoo.com

Wednesday, 26 May 2010

Shoppers' Voice provides:

1. Data Base Building
2. Relationship Marketing
3. Customer Retention
4. Accountability



Contact: paul.ashby@yahoo.com