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We’ve known for a while that agile marketing – continuously developing and refining your marketing activity to improve your response to unfolding events and customer activity – can increase speed to market and foster more effective customer engagement than relying on those rigid old long-term marketing plans.
But to be truly agile, you need adequate data – from measuring the efficiency of your marketing operation to assessing customer sentiment and the effectiveness of your engagement across all digital and social channels. Knowledge really is power.
The problem most marketers face is not lack of data – every aspect of your digital activity generates reams of real-time information – but the ability to glue together these data feeds and interpret the information in a rapid and meaningful way.
That’s why we introduced Status. Status is our data visualisation and analysis tool, which complements our Media Centre MRM platform. It takes real-time data from all your marketing activity and presents it in an easy-to-read-and-interpret series of dashboards.
Instant insights
The faster you can access these insights, the more quickly you can assess what is working and use this intelligence to increase marketing performance, engagement and – what ultimately interests us all – sales.
Agile marketing often breaks down when information is either not shared by different teams due to siloed ways of working, or when third-party agencies retain the data. It also fails when your technology spits out information that other platforms can’t read.
Status solves these problems through being platform-agnostic. It can pull in data from marketing platforms such as our Media Centre, as well as numerous other sources, including Twitter, Facebook, SAP, Google AdWords, Google Analytics and Campaign Monitor.
It can combine marketing data with sales data, production, delivery and stock information, and financial and budgetary data, giving you total visibility of your entire operation.
Improved ROI
As a cloud-based app, Status enables you to view your real-time data on any desktop or mobile device. You can view broad overviews of activity or drill down to a granular level of information on any area of your operation.
Not only does Status provide valuable real-time insights, it helps you measure your return on investment by showing the impact of your campaigns on sales. You can see which channels work best at driving specific engagement, while the agility and insights it provides gives you more time to plan more effective campaign strategies.
But best of all, it’s easy to understand and navigate – you don’t need an IT degree to interpret the data and develop meaningful strategies. We supply it with expert training and setup, and ongoing development and support.
Until next time
Simon Ward
About Simon Ward
Simon Ward ITG – Simon is the founder and CEO of pioneering technology-led marketing company, Inspired Thinking Group (ITG). ITG delivers best-in-class marketing software, procurement and studio services to dozens of blue-chip clients, including Audi, M&S, KFC, PUMA and Heineken.
Simon Ward SP Group – Prior to ITG, Simon founded SP Digital in 1998, and in 1999 bought SP Print to form SP Group, creating innovative marketing and point of sale displays for some of the world’s best-known retailers, including M&S, Sainsbury’s, Holland & Barrett and Calvin Klein.
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Keep creativity alive in a world of distraction
“Yes, I’m a marketing manager, but really I’m a project manager… I just don’t have the resource to be creative.”
I heard this comment from an audience member at a recent round table event hosted by The Drum, where I was invited to sit on the panel.
The title of the event was “When Marketers are not Marketers”, and joining me at the table were senior marketers from M&S, SABMiller and the IAB.
We all agreed that strong creativity leads to positive results in marketing, but we had to acknowledge that the time marketers have to be creative is severely restricted by the additional admin, procurement and reporting responsibilities that are increasingly piled on them.
The challenge for marketers, as Tina Kataria, SABMiller’s global category manager for agency sourcing, so succinctly put it, is to “keep creativity alive in a world of distraction.”
Improving the value of marketing
And these distractions are multiplying, driven by more digital channels, increasing accountability and ever-rising budgetary pressure. These budgetary pressures can lead to demands for cost cutting, which can be disastrous if not tied to increases in efficiency and improvements in the value of marketing activity.
There can be other fall-out too. As the IAB’s Steve Chester said, “cost-cutting can mean agency margins being squeezed, often leading to bad creative and driving down value.”
Adding to these issues, traditional notions of customer engagement and loyalty have been blown out of the water.“Customers are indifferent,” said fellow panellist Richard Jones, head of design and production at M&S. “That is the job marketing has to deal with.”
Overcoming this indifference and building brand engagement means devoting more time to creative strategy and customer engagement, not less. And this means reclaiming time and resource for creative thinking by reducing the admin burden.
So that’s the conundrum we discussed at length: how to increase creativity in the face of demands for greater efficiency and value, and the avalanche of admin and process. It’s a problem I encounter all the time, and fortunately it does have a solution.
Technology is key
Many of the time-consuming tasks that are taking marketers away from addressing the urgent needs of creatively encouraging customer engagement – managing campaigns, suppliers, assets, briefing, approvals – can be handed over to technology.
The panel had a very interesting discussion on the difference between those in marketing who understand the value of technology and those who don’t.
Technology impacts everyone in business, because it’s where the savings lie. The right marketing automation achieves the double hit of freeing up your time to focus on creativity – most likely why you got into the job in the first place – and delivering those cost savings demanded by the board.
Joined-up marketing
A joined-up approach to marketing operations that embraces technology can deliver hard savings through better and more transparent briefings and approvals, reducing reworks and delivery time.
It can provide improved adherence to CPAs, enabling you to do more in the time available, as well as providing the obvious major time and efficiency improvements by banishing spreadsheets and manual ways of working.You’ll see a reduction in emails for each job, and savings from reduced reliance on freelance resource.
Efficient automated workflows give you the extra time you need to properly plan and develop strategy, while the visibility technology can provide of your entire operation enables you to measure campaign effectiveness to facilitate better planning and budget allocation.
We concluded that there are, in effect, two streams to marketing: ideas-driven marketing and data-driven marketing.
The first relies on good people with inspirational ideas, good instincts and, crucially, the time required to develop creative strategies and put them into effect.
The second provides the operation efficiency, value and reporting required, but it is time-consuming unless supported by the right technology – technology that frees up time for the ideas-driven marketing that can overcome consumer indifference.
Perhaps when all companies take this approach, we’ll be able to come back to the Drum for an event entitled “When Marketers ARE Marketers”. I look forward to the day.
Until next time…
Simon Ward
You can read The Drum’s write up of the event.
About Simon Ward
Simon Ward ITG – Simon is the founder and CEO of pioneering technology-led marketing company, Inspired Thinking Group (ITG). ITG delivers best-in-class marketing software, procurement and studio services to dozens of blue-chip clients, including Audi, M&S, KFC, PUMA and Heineken.
Simon Ward SP Group – Prior to ITG, Simon founded SP Digital in 1998, and in 1999 bought SP Print to form SP Group, creating innovative marketing and point of sale displays for some of the world’s best-known retailers, including M&S, Sainsbury’s, Holland & Barrett and Calvin Klein.
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Simon Ward explains how, by using Media Centre and SP, Inspired Thinking Group has solved the conundrum of local marketing.
As your company grows, and operations silo, having a complete view of your marketing activity becomes increasingly difficult. You may find ways of running a slick national marketing operation, but what about your local outlets?
Local stores make up large retailers’ bricks and mortar frontline, and progressive companies are finding that investing a bigger part of their budget in local marketing can reap enormous benefits: basing campaigns on local knowledge of customer demographics and preferences can deliver big ROI rewards.
The downside is you can lose visibility and control. Keeping your national activity joined up is tough enough, but how do you ensure your local managers come up with intelligent local marketing strategies and produce only on-brand assets?
Added to that, where are your local managers going to find the time to run a multichannel marketing campaign? They’re too busy trying to run a shop. This is the conundrum: if the only way you can get local marketing to work is to put in huge amounts of resource from central marketing, you might as well go back to a one-size-fits-all national strategy.
Making local marketing work
Over the years, Inspired Thinking Group has had a lot of time to work out how to unravel this knot. We work with brands that have large retail outlets – including car manufacturers Renault and SKODA – and those with smaller outlets, such as Weight Watchers, whose local leaders and meetings we support.
In every case, we have helped devise local marketing programmes that increase local footfall and sales, use guaranteed compliant assets and give complete visibility to the central team. As a bonus, local managers report increasing satisfaction with national marketing support as the programme matures.
How have we done it?
Key factors in local marketing success
Neither technology nor local marketing expertise on their own can unravel this knot. Both are required – and they have to work seamlessly together.
First, the technology. Local and national operations need a simple-to-use platform that stores all assets and can be viewed by all required parties. The software needs to be able to schedule campaigns, keep track of budgets and handle bespoke requests.
In 2010, we found exactly the software we needed in Media Centre by Total Marketing Services. Media Centre is an advanced marketing resource management platform built around core modules – Asset Library, Local Marketing, Workflow Manager, and so on – so marketers only need to invest in the functionality they need.
We were so impressed, we – sorry about the cliché – but we bought the company.
Six years of development later, Media Centre now sits at the heart of many of our clients’ marketing operations, with the Local Marketing module providing the means for local managers to run geographically relevant, compliant campaigns, with full visibility for central marketing.
Our Status Pro (SP) reporting app provides realtime campaign data on any desktop or mobile browser, combining Media Centre data with information from numerous other sources, including Google Analytics and social media activity, providing the ability for central marketing to drill down into the data to a granular level.
Central marketing creates and constantly updates a comprehensive suite of multichannel local templates that reflect national assets. These are stored in the client’s Asset Library and can be accessed through any browser. Every local manager can view, resize, amend and order any of the templated assets.
Service support
With the technology in place, the next thing is to look at service support. Local managers may not have the time or marketing expertise to run brilliant campaigns, so we provide expert local consultants who research the location, study the results of previous campaigns and recommend channel strategies for each outlet.
To ensure local executions are inexpensive, we also provide a Dynamic Template module in Media Centre that enables easy customisation of templated artwork directly through the browser. We also run a 24/7 artworking studio, dedicated to producing bespoke customisations of on-brand assets.
Our QC team ensures compliance of bespoke artworks, and all briefing, approvals, bookings and requests for quotes are handled through Media Centre.
An ITG account manager or account team works full time at the client’s head office, and is the first point of contact for all Media Centre and local marketing activity.
The result is a constantly innovating local marketing programme that provides increased ROI, is on-brand, and mirrors national executions. With the extra advantage that it requires no painful admin input from either local managers or national marketers, enabling them to spend their time doing what they do best – developing creative marketing campaigns or running stores.
Read our Renault local marketing case study here
Until next time,
Simon Ward
About Simon Ward
Simon Ward ITG – Simon is the founder and CEO of pioneering technology-led marketing company, Inspired Thinking Group (ITG). ITG delivers best-in-class marketing software, procurement and studio services to dozens of blue-chip clients, including Audi, M&S, KFC, PUMA and Heineken.
Simon Ward SP Group – Prior to ITG, Simon founded SP Digital in 1998, and in 1999 bought SP Print to form SP Group, creating innovative marketing and point of sale displays for some of the world’s best-known retailers, including M&S, Sainsbury’s, Holland & Barrett and Calvin Klein.
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Simon Ward discusses marketing resource management and return on investment.
Last year, Harry in sales brought 20x his salary and costs into your business. When things get tough, you’re not going to get rid of Harry. I’d happily employ Harry myself at Inspired Thinking Group.
But when the budget axe swings, whose head is going to roll off the block first?
In marketing, your neck can sometimes feel likes it’s sitting a little too close to the basket for absolute comfort. It’s not hard to see why. Everyone knows marketing helps bring in leads, helps keep your customers engaged and persuade them to invest in your wares. But if you can’t measure them accurately, it’s harder to make the case for keeping your neck in one piece than it is for Harry.
Marketing Resource Management
Innovative programmes and initiatives that make you stand out from the crowd can be slashed on a whim when efficiencies are on the table (and efficiencies should always be on the table). So what can you do?
Well, if marketing is going to continue to do great things for the company, it’s going to have to take a leaf out of Harry’s book and get measuring itself. After all, who knows what portion of Harry’s massive contribution should really be laid at marketing’s door? Perhaps you brought the customers to Harry, and Harry merely took the orders.
This is where marketing resource management (MRM) systems come in (you can find out more about ITG’s Media Centre here). MRM can help you measure things you weren’t able to measure before, on top of numerous other benefits.
Return on Investment
Garden-variety ways of measuring marketing ROI include brand awareness and intent to purchase, but a more valid ROI will look at savings from the process efficiencies and slashed operating costs afforded by MRM.
When you ally automation with an expert marketing services company, you save on staff time as well as process – and you can measure that saving accurately. With MRM, you can track budgets and engagement across every channel and better manage assets and campaigns – all of which can provide your purse-holders with meaningful ROI.
With measurable ROI comes a better appreciation of what marketing achieves for your company, increasing the Board and Finance’s satisfaction with your creative and spending decisions.
Not so smug now, are you Harry?
Until next time
About Simon Ward
Simon Ward ITG – Simon is the founder and CEO of pioneering technology-led marketing company, Inspired Thinking Group (ITG). ITG delivers best-in-class marketing software, procurement and studio services to dozens of blue-chip clients, including Audi, M&S, KFC, PUMA and Heineken.
Simon Ward SP Group – Prior to ITG, Simon founded SP Digital in 1998, and in 1999 bought SP Print to form SP Group, creating innovative marketing and point of sale displays for some of the world’s best-known retailers, including M&S, Sainsbury’s, Holland & Barrett and Calvin Klein.