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Author: Kimberly Cronk

Reach Out and Touch Me

 

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A “touch,” in marketing terms, refers to any time a message is received by an audience. Back in the day, touches were largely in the form of TV commercials, radio spots, newspaper ads, and direct mail.

Today’s technology, however, opens up a world of opportunity to touch our customers and prospects anytime and anywhere. It’s a blessing and a curse, considering Americans are bombarded –upwards of 5,000 times a day–with messages.

It takes time to build trust and confidence with audiences and move them to make a decision–whether it’s to sign up for email communications, visit a website, make a donation, attend an event, or make a purchase. Savvy marketers rely on multi-touch marketing campaigns to drive results.

What is a multi-touch marketing campaign?

A “multi-touch” campaign delivers multiple messages to targeted audiences, often using a variety of communication channels. Examples of channels include:

  • Email
  • Direct mail
  • Social media
  • SMS (Text messages)
  • Phone calls
  • Events
  • Webinars
  • Sales calls

Used in combination, your audience is given the option to engage and respond in the channel most comfortable to them at any given time.

Why are they so effective?

Multi-touch campaigns, whether it’s the same message delivered multiple times in similar formats or different messages delivered via multiple channels, are more successful than single-touch campaigns. A well-planned and orchestrated campaign can:

  • Build your message over time
  • Build brand awareness
  • Increase sales and conversions
  • Reach audiences with a consistent message in a variety of formats
  • Identify which methods work best with which audiences

Realize a greater return on your marketing dollars with multi-touch marketing campaign strategies.

Find Your Focus

By: Amy Soper

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Many of us were marketing leaders at 5-years-old. We just didn’t know it yet.

If you’ve recently spent time around a persistent child asking an endless string of “why” questions, or remember your own curiosity at that age, you’re already familiar with a core marketing principle. To build a strong brand message, you need to first start with your “why.”

Your answer helps your customers—whether they’re 5 or 85—understand what you do and why you do it. If it’s a strong message, it drives staunch brand loyalty and robust sales. You might also refer to it as your unique value proposition, but no matter what you call it, it’s the one thing your business does better or differently than any other business in your industry.

Answer your “why”

  • Speak to hearts and minds. People are driven by both, something the strongest brands tap in to.
  • Make it relevant. Your message needs to be applicable to your customers’ lives. What does your brand offer that’s something they want and need?
  • Keep it simple. Once you have a few messages in mind, test them out. Ask yourself if people can understand, remember, and repeat them with ease. If not, they’re too complicated. If so, you may have found your brand’s answer.

If you’re still not sure how to answer your why, Apple’s “Think different” campaign may inspire you. It’s a brand message that implies a promise to create products based on seeing the world a little different and to inspire customers to do the same. It’s a balance between heart and mind, it’s relevant, and it’s simple.

Take the Blah Out of Blogging

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So, you have a blog (or maybe you don’t), but you’re not sure you truly need it as part of your marketing strategy. You’re posting content, but you also have a website, social media, advertising, brochures, and other materials. You may be asking yourself if it’s worth devoting resources to yet another channel.

It can be—if you do it well.

A blog is a powerful tool in a robust search strategy, a forum to position your company as a thought leader, and a distribution channel for other content you’re already producing.

Three elements of a powerful blog strategy

Consistency. Make no mistake, running a blog is a commitment. You can’t post whenever you feel like it—readers expect regular content and will quickly forget about you if you don’t post on a consistent schedule. It’s better to post once a week, for example, than at random intervals.

Keywords. Topics covered in your blog should tie into your keyword strategy. Why? Because if a potential customer types keywords from your blog into a search engine and your blog is listed, you’ve created an instant connection and a potential inbound prospect.

Distribution. One of the worst things you can do is create a blog and forget about it. Post regularly to make it work for you, and make sure people know about it. You already know customers can find your blog through search engines, but you also can lead them there by promoting your content through social media channels. And, if you’re struggling with content creation, take a look at materials you’ve already produced. A blog is a great place to repurpose relevant content you’ve already created.

Get posting now! Share a video, infographic, or white paper, and see what blogging can do for your brand.

Want 25 Minutes of Alone Time with Your Customers?

25minWcust

 

  A magazine produced by your trade or professional association.

√  A wellness and health education magazine in your mailbox from your health care insurer.

  A children’s charity organization sharing stories about how your contributions have made a difference in the kids’ lives.

Everybody’s familiar with and enjoys reading custom pubs. The readers just may not make the connection that the magazine they have in their hands is, indeed, a custom publication.

Why are they so popular?

Because readers connect to brands through the stories. Here are three reasons B2B and B2C businesses and organizations from all industry sectors use custom pubs, also called private-label magazines, as a key component of their marketing strategy.

1. Uninterrupted you-and-me time with customers and prospects. The average engagement time with a custom magazine is 25 minutes.* Within the pages of custom published-magazines and through online content, readers find the information they want, when they want it, and from a source they trust. This trust builds long-term relationships with customers (whether you call them clients, donors, members, or something else) and establishes you as an industry leader.

2. Your story, told your way. Custom publications—aligned with leveraged content for digital channels—seamlessly stitch together the topics and issues that matter to customers with a company’s brand narrative. Storytelling, in other words, is a way to engage with your readers and for them to develop deeper connections with your brand.

3. Content, multiplied. Custom pub content is a versatile tool. A substantive article in a B2B print magazine can be repurposed as a content blog posted to the company’s website, which can then be shaped into social media posts. Expand upon the article content—or use excerpts from it—to produce business case studies or special reports available for download by your association’s members. Even visuals from the publication can be optimized on Pinterest and Instagram to draw in additional readers.

A custom publication is an effective way to develop long-term, valuable relationships with customers, prospects, partners and vendors. For examples, visit www.fphorak.com.

Source: *http://contentmarketinginstitute.com/2009/11/custom-print-magazines-why-cant-mastercard-produce-inc-magazine/

Ideas That Work: Come On, Get Snappy!

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Remember the days when banking meant getting into your car, driving to your local branch, and waiting in line until you finally got face-to-face with a teller?

My, how things have changed. 

These days, people are busier than ever. They’re working later and can’t get to the bank or credit union during regular business hours. Or they’re going straight from a 9-to-5 to their kids’ games. Weekends are spent bustling here or there, and time is at a premium. Convenience, it seems, is no longer a luxury. It’s a necessity.

Financial-institution employees and decision-makers have listened to their customers or members, as they’re called by credit unions. (And they understand these challenges firsthand because they experience them in their own busy lives.) Money management on-the-go is the way of the future—and the present. If financial institutions are going to stay competitive, they need to stay at the forefront of technology, delivering solutions their customers sometimes don’t even know they need.

Understanding this, two financial institutions have created mobile solutions intended to make check depositing simpler and more accessible than ever.

THE BACKGROUND

Financial institutions have a big job: offering products and services that make money management for their customers as functional and reliable as possible. Sometimes, products are created in response to consumer demand; sometimes, they’re developed to address an anticipated need.

With online banking (performed through a computer) and mobile banking (performed through a smartphone) becoming prevalent, developing applications that expand consumers’ banking capabilities has become a priority.

“Customers are adapting to doing their banking from home. Having a mobile app—and all its functionalities—at their fingertips is definitely a big focus for us,” says Tricia Raquepaw, senior VP of  marketing for Independent Bank.

THE PROBLEM

With the rapid expansion of the digital era, consumers have more ways than ever to do business. While promises of convenience and an enhanced user experience are certainly appealing, the expanse of new choices can feel overwhelming. Further, concerns about personal security and the alarming trend of identity theft cause many to err on the side of caution. This makes the need for customer education and trust-building important for businesses dealing with highly personal services, such as money management.

To ensure that consumers feel secure with these new services, financial institutions need to prove that their applications are as safe as they are convenient. Educating the customer is the most effective way of doing this.

THE SOLUTION

With the rise in check deposits via ATMs, financial institutions recognized the need for a mobile check deposit application. If customers could snap a photo of their paper check and send it through a secure application, banks and credit unions could create a simple, effective user experience.

“A mobile check-deposit offering creates a time- and cost-savings efficiency for us as a business and for the member,” says Sarah Ermatinger, VP of marketing for CP Federal Credit Union. “It’s the next step in mobile convenience.”

With this in mind, Independent Bank and CP Federal Credit Union developed their own products: Independent Bank’s SnapCheck and CP Federal’s Remote Deposit Capture. To introduce customers to these new products and alleviate their fears (“Did it work?” “Did my check go through?” “Can I throw away my check now?”), the institutions partnered with The F.P. Horak Company, a print and marketing solutions provider, based in Saginaw, Michigan, to create a marketing campaign. The direct mail campaign sent customers an actual paper check that they could deposit only through each institution’s new check-deposit applications. To earn the recipients’ trust, the direct mail pieces were personalized and delivered step-by-step instructions on how to deposit the check. The goal was for the recipients to be so impressed by the ease of use, they’d continue to use the application.

THE RESULTS

Both Independent Bank and CP Federal Credit Union reported a favorable response rate related to the mailings. Customers are trying the apps and becoming repeat users. And while the experience is still new, initial results are encouraging.

“Five to seven years ago, mobile capabilities were considered cutting edge. Now, if you don’t have these technologies, you’re not going to stay competitive,” says Raquepaw.

Given the early results of their mobile check-deposit applications, these financial institutions are making “competitive” their mantra. And they’re succeeding at it.

It’s What’s on the Outside That Counts

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The joy of an unexpected package in the mail never gets old.

And when your three-dimensional (3-D) package arrives with a custom label designed specifically for the recipient–you’ve got their undivided attention. Savvy marketers know that mailboxes beat inboxes when it comes to response rates. But research also shows that companies that employ unique formats see response rates 3X higher than traditional mail, on average.

If you want a direct mail campaign that generates big returns, personalized 3-D mailers deliver every time.

Why is it so important to personalize?

It’s highly effective.

According to the United States Postal Service, using variable data printing–a technique that customizes text, images, and promotions by using customer databases–to personalize your mail pieces during the color print process outperforms standardized mail by 500 percent.

Not only does it generate better response rates, personalization is proven to increase repeat business, average order value, and overall profit revenue. As consumers, we’ve come to expect personalized communications from the brands and companies we do business with.

How to personalize.

With today’s digital printing technology, you can print variable data on almost anything. Wood, glass, vinyl, ceiling tiles—you name it. Customized labels, applied via heat transfer, silkscreen, or other methods, can be populated with recipients’ names, company names, or personalized URLs (PURL) that direct them to a unique landing page.

To get started, all you need is a strong creative concept, a clearly defined target audience, a clean customer or prospect database, and sound follow-up strategy. You’ll quickly discover increased customer engagement and improved effectiveness with a personalized 3-D direct mail campaign.

The Business of Community

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A brand can no longer survive on a logo and a unique selling proposition. Not even good products or superior service are enough to translate to loyal customers.

Companies today need to engage customers and prospects like never before. Thanks to the introduction of social media and other digital marketing channels, consumers are able to interact with, review, and research a business whenever they want—leaving companies little choice but to deliver that sense of community on all fronts.

A Harvard Business Review article by Susan Fournier and Lara Lee says companies need to realize two major things in order to achieve success in building brand communities. First, brand communities do not exist solely in the marketing realm, and, second, brand communities do not exist to serve the business.

“A community-based brand builds loyalty not by driving sales transactions but by helping people meet their needs,” Fournier and Lee write. “Contrary to marketers’ assumptions, however, the needs that brand communities can satisfy are not just about gaining status or trying on a new identity through brand affiliation.”

Companies can brand themselves and create these communities in a number of ways, but none are more touted than community outreach and charitable giving.

Patagonia—and the reaction of its customers—solidified this sentiment when it announced it would donate every penny of its Black Friday sales to grassroots environmental groups. While the outdoor clothing company had only projected to bring in about $2 million that day, sales topped $10 million.

The strategy of turning the consumerist-driven pseudo holiday into a “fundraiser for the Earth” spoke directly to the heart of Patagonia’s community.

“The enormous love our customers showed to the planet on Black Friday enables us to give every penny to hundreds of grassroots environmental organizations working around the world,” the company said in a media release.

The Facebook post announcing the Black Friday donation promotion garnered 13,000 likes and more than 3,600 shares.

“Brands that ‘share the harvest’ of their success—with their audience—are the ones that sustain the best momentum,” Glenn Llopis writes in the Forbes piece, “6 Brand Strategies most CMOs Fail to Execute.”

Llopis writes that even if a business doesn’t have the resources to give, saying “thank you” and showing gratitude are good places to start.

“Brands today have a much deeper responsibility to society, and the more your brand touches the needs of the world and helps to make it a better place,” according to Llopis, “the more abundant you will find the opportunities before you.”

 

 

Direct Mail Not Getting the Results You Want?

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Direct mail is “killing it” when it comes to getting results.

According to the Direct Marketing Association (DMA), response rates for house lists were a whopping 5.6 percent and 2.9 percent for prospect lists in 2016 (up from 3.7 and 1.0% in 2015). Experts say less-crowded inboxes and new ways to integrate messaging with email and digital activity are key reasons for the jump.

Here we explore three common mistakes marketers make with direct mail–and how to fix them so your next campaign is your best ever.

  1. A poor mailing list. Out-of-date mailing lists are a waste of time and money. Use correct addresses and current contact names and job titles for your targeted audience.
    Fix: Give your house list a good scrubbing. Remove those who’ve asked to be taken off the list and others who don’t meet your campaign’s criteria. Consider a list broker who can provide up-to-date lists modeled on your best customers.
  2. Nothing personal. Today’s consumers expect personalization, and we’re talking about more than just a “Dear John.” Your customers want to see that you understand their unique needs and interests.
    Fix: Customize copy and images in all of your creative. Generate unique landing pages for each recipient, and invite them to connect via a QR code or PURL (personalized URL). They offer great snapshots of who is responding to what messages.
  3. No follow-up. Putting all your effort into a lead-generating mailing and no effort into follow-up leaves too much money on the table.
    Fix: Make follow-up a priority, whether it’s additional mailings or–for best results–a phone call. Direct mail followed by telemarketing generates two to 10 times more response than direct mail with no telephone follow-up.

Unleash the power of direct mail with proper list development, personalized offers, and consistent follow-up.