Friday, 24 January 2014
Marketers: stop "spray and pray" in favour of quality
Research out this week claims that 70% of marketers fail to deliver real benefits to their organisation in terms of increased sales or market share.
The reason? Too many forget that “New Media, Marketing Automation, Omnichannel, Big Data and the likes are only Tools (the “Form”) used to best deliver, analyse and/or optimise the messages (CVPs)”.
In other words, we’ve been seduced by the potential of new channels without doing our homework in developing CVPs (customer value propositions) that are both attractive and relevant to our audiences. Many, it seems, have forgotten the basics of our profession.
If 2013 was all about “content is king”, the mantra for 2014 has to be “quality over quantity”. As customers we are all inundated with content on a daily, sometimes hourly, basis. Much of what I receive is indiscriminate, ill-timed or downright irrelevant.
To give an example, a few months ago I was looking at hotel accommodation in Sydney, Australia. At the time many of the websites I had visited were retargeting me online with offers and suggestions. Fair enough. But why am I still receiving such messages some three months later?
Everyday I receive emails from organisations seeking to do business with me. Emails that clearly show they have no idea what I do or what my potential interests are. I shudder to think what their response rate is.
“Spray and pray” is alive and well it seems at a time when greater focus is needed to achieve stand out. It’s time that marketers got back to basics: well crafted, engaging, targeted messaging that ultimately supports the sales function.
More information on the research can be found here: https://www.fournaisegroup.com/Marketers-Got-It-Wrong-In-2013.asp