Posts Tagged ‘Marketing’

Brand:Scan August eNewsletter

Wednesday, August 4th, 2010

Our latest eNewsletter has been published.

http://www.ggcomm.com/ggc/Ideas8-10/index.htm

Enjoy.

Marketing Specialist or General Strategist? Who’s the More Valuable Marketer?

Monday, July 26th, 2010

There’s been quite a bit of talk lately on whether it’s better as a marketing professional to be a generalist, able to understand how to develop program strategy and APPLY a wide variety of tactics.  Or is it better to be a deep specialist, someone who understand the nuances of fast-changing new fields such as search engine optimization or social media?  I recently attended a PRSA (Public Relations Society of America) program where one of the speakers talked of the importance she placed on the generalist philosophy, how her staff members had to be conversant in all the various areas of marketing one can apply to impact brand and lead response.

But I wonder.  Social media in particular is so fast-moving, so prone to change, and so deep in its complexity, that it’s impossible for someone to carry the same level of expertise in Wikipedia strategy as they might offer in building engaging customer web experiences.  As an agency, our role has to be in understanding the very latest in “best practices.”  Then, the question becomes, how do we deliver this level of best-in-class performance?  A team of generalists isn’t equipped to do so.  There’s too much change to keep pace as a generalist.

I had a similar conversation with a young professional, a few years out of school, who asked whether it was better for her career to focus on PR, or to broaden her experience to include the wider variety of marketing programs.  If I were thinking of my career just starting out, I’d look to become a marketing strategist able to apply the full spectrum of disciplines in ways that impact brand, preference and lead generation.  I think those are the people who will have the most value to any organization. 

The fact is, there’s never been a time when so much marketing technology was available to create customer engagement.  Our jobs have changed dramatically just in the past 12 months, as the Great Recession has brought about a total re-thinking in how companies go to market and build presence and generate leads.

We’ve changed our thinking a bit at the agency during the past few years, because frankly we have to offer BOTH strategists and specialists with deep expertise.  We’ve concluded that it’s impossible for a single individual to offer deep knowledge of the varied levels of new technology.  How can someone with particular expertise in managing paid search programs and deliver impressive metrics know just as much about getting 1000 fans on Facebook within 6 months, and how to leverage that Facebook following into marketing advantage?  Yet, our clients depend on us to offer this deep expertise, this best-in-class level of service.  How do we provide both, then? 

We’ve taken a page from companies that use an inside-outside sales team approach, where an inside salesperson with particular support skills are effectively coupled with outside salespeople who have a different set of skills.  We’ve begun to use, with great success, the strategist-plus-specialist approach.  Our internal account manager teams have broad knowledge for how to build a program, what metrics are relevant, when to use direct mail vs. a trade show strategy, etc.  Then, as we move into implementation, we call in our deep specialists off the bench, some on staff, some even outside specialists, who live and breathe their daily fields of expertise.  Cyndi Friedel, for instance, spends all her time thinking about email and paid search programs.  Jeff Spencer has been our creative guru for the past two years who consistently creates branding programs that leave clients saying, “Wow!”  Keith Mayer brings the very latest ideas in search engine implementation that have proven so critical for our clients lead generation success.  Jamie Ginsburg brings a client a wealth of experience in social media from a business-to-business perspective.

We’re still a have-it-all society, and providing marketing services is no different.  The tools have changed, and they’ve certainly become more varied and complex.  But the bottom-line measure of success is still the ROI found at the bottom line.  And that means applying the right marketing strategy, and doing it with unparalleled expertise in every discipline.

Another Tactic for Improving Response Rates

Tuesday, July 20th, 2010

 

I was checking into some new ESPs (Email Service Providers) recently.  While talking to one of the well known ESP companies was told about a new technology they will launch soon.  The new technology will monitor when someone opens their emails the most – morning, noon, evening hours, etc.  After receiving 10 or so emails, the tool will determine your preferred time, and deliver future emails within that time frame.  Pretty clever.

Another new tool to be offered by some publishers relates to message relevancy. If you visit a magazine’s site, for instance, and click to read articles or banners that relate to a specific product category, the next time you visit that site, banners in that product sector will be served up, rather than general/unrelated ad messages.

Just more developments in the ongoing march to leverage marketing and technology to create greater customer engagement.

The Twin Challenges in Marketing

Wednesday, July 7th, 2010

View the presentation at:  http://my.brainshark.com/The-Twin-Challenges-in-Marketing-743334015

Marketing Budget Survey — How to Prioritize, Where Are the Best Leads?

Wednesday, June 23rd, 2010

http://my.brainshark.com/Marketing-Budget-Survey-How-To-Prioritize-Where-are-the-Best-Leads-931188360

Marketing Poll Question

Monday, May 24th, 2010

Vote:  How much will you budget for print advertising this year?
http://polls.linkedin.com/p/89619/hinew

I saw some interesting forecasts that have to do with marketing:

Monday, March 22nd, 2010

-          Today companies have at least 60 ways to reach consumers, everything from Twitter to online contests and coupons sent via cell phones.

-          By 2013, 46% of all media consumption will be ad supported.  In 2003, 60% was.  Another threat forecast to the viability of advertising-supported trade publishers.

-          Ad/marketing spending won’t see gains until 2011 after reaching a peak in 2007.  We think that’s somewhat true;  based on our activity, 2010 will be better than 2009 for most in marketing, but won’t return to 2008 spending levels for another year or two.

-          Newspaper ad revenue has plunged by 40% since 2003 and will continue to shrink by another 20% by 2013.  Magazines are seeing the same drop, though not as steep, it said:  20% decline since 2003, with another 12% decline by 2013.

"Marketing Budget Survey — How To Prioritize, Where are the Best Leads?"

Tuesday, February 23rd, 2010

View presentation:  http://tinyurl.com/ykajrfp

52% of B2B Marketers Say Lead Generation is Their #1 Problem

Wednesday, January 20th, 2010

According to a study by SiriusDecisions, 52% of B2B marketers say lead generation is their #1 problem.  As an agency specializing in both online and traditional lead generation campaigns, that’s nice to hear.

But when you talk to them, they’re actually struggling something entirely different.  Almost without exception, when you talk to marketing VPs about what they’re really trying to solve, it has nothing to do with generating more leads or even improving the quality of the leads they generate:

-          “I don’t know what happens to the leads I give the sales force.”

-          “I can’t tell what sources generate the best quality leads.”

-          “My salespeople/my channel don’t follow up on the leads I give them.”

-           “My salespeople want all the leads in their territories, but there’s really too many for them to pursue.”

-          “My CRM system doesn’t work.”

-          “My conversion rates of leads to opportunities is inconsistent/too low.”

When I meet with sales and marketing VPs at companies both large and small, they are plagued with sales and marketing integration issues.  More than anything, sales process issues, and the handoff of leads from marketing to sales, is the paramount challenge B2B companies face today, and their recession has only exacerbated that problem.  It’s not that we don’t have enough leads;  in truth, we’re just not doing a good job of finding the diamonds in the rough, converting them to opportunities, managing the process, and tracking the results, so we know what works and what doesn’t.  Seems simple.  And some of us even admit it, according to the SiriusDecisions report, where 10% of marketers did in fact admit that “sales process issues” were their #1 concern.  So now that the emperor’s lack of clothes has been revealed, that creating more leads and more leads isn’t the ultimate objective, what to do?  Three steps:

1.       Conduct detailed sales process interviews with both customers and salespeople to uncover how the process is working, and identify gaps

2.       Re-engineer the process in collaborative sessions with sales and marketing decision-makers

3.       Install/retrain/re-engineer marketing automation and CRM systems in order to accurately track and report back on lead generation and sales conversion activities.

I didn’t say three simple steps.  This is hard work, which is why so few companies really solve it.  It’s not a question of lead flow, or technology, talent, personalities or boundary issues between sales and marketing.  It’s all of the above.  Get to work.

 

 

NEOSA Sales & Marketing SIG – Virtual Selling

Wednesday, September 9th, 2009

September 17, 2009
7:30 am – 9:00 am

The use of the Internet as a method of selling is increasing every day. Business-to-business vendors have discovered that Web based selling, sales force automation tools and a customer relationship management organizational method can be used to increase the effectiveness of their sales force.

The use of these tools today pales in comparison to the proposed uses of the model in the future. Deciding what is reality and what can be accomplished in a virtual environment will be crucial to the survival and success of sales organizations in the future.

The session is a prediction of how sales activities will be conducted in the virtual organization world of tomorrow.

Our presenter is Joel Goldstein, Founder and CEO of the Goldstein Group. Founded in 1992, The Goldstein Group is a premier b-to-b technology agency. The firm today provides marketing strategy, PR, email and Internet marketing, advertising and direct marketing programs. It distributes more than 1.5 million email marketing messages annually, making it one of Northeast Ohio’s largest e-marketing agencies.

Joel Goldstein is a seasoned expert in corporate and marketing communications programs whose career includes BFGoodrich, Gould, Glidden, Keithley Instruments, Danaher Corporation, and others. Goldstein is a member of Crain’s “Who’s Who In Technology,” is a past president of Public Relations Society of America (Akron), incoming president of the Greater Cleveland Chapter of PRSA, and also served as President of the Cleveland Chapter of Entrepreneurs’ Organization.

Agenda:
7:30 – 8:00 a.m. – Registration, Breakfast, Networking
8:00 – 9:00 a.m. – Panel Discussion/Q&A

For more information visit:
http://cose.org/en/Events/Listings/NEOSA/9-17-09.aspx?Date=9/17/2009&axAuth=00000034