Posts Tagged ‘analytics’

2010 Marketing Challenges Reaffirm Themselves

Sunday, June 20th, 2010

So 2010 is half way through. The economic climate seems to have “stabilised” for some sectors, though it is set to get quite rough and bumpy dfor certain sectors (like the public sector in the UK for example).

For marketing, I can see a couple of things showing through as prime areas of concern (and things to spend the most energy on), and I have listed these below. Now other marketers may or may not agree with me, but this is what I intend to work towards:

  • Cleaning up messages
    At least for B2B marketing, it feels like messages are generally way too complicated, and I’d like to go back to basics and focus on little more than stating what the pain is, what the cure is, and how you can get the cure.
  • Understanding customers
    Not really something that is new, but if you have the tools to understand how your customers are interacting with your website and your brand, then that information needs to be exploited ruthlessly, so that’s another thing (analytics) that has crept up the top of my list of priorities.
  • Nonline marketing
    I was listening to someone from the new Metro Bank who was saying that customers need to be able to contact you any way that they feel comfortable. Cruel words if you work in online marketing and your focus has been forever to push people online whether they like it or not. For a while it worked because everyone was doing the same thing and customers had no option. But I have a feeling that might be about to change.

So there we go – three simple marketing resolutions that have proven themselves to be important. A very crucial issue to tackle as I see it is to decide what channels are going to work best for you, and then spend time judiciously doing a good job implementing those few channels. I have seen already how over-complicated marketing campaigns don’t necessarily deliver results, and personally, I’m beginning to swing towards an almost Helvetica-like attitude towards my plans and campaigns.

Speaking of plans,  that’s another area where this marketing-zen like state might come in useful in a few months time when it’s time to write plans for 2011. For me, I can see that there will be three key areas of focus:

  • Analytics – What is my audience doing?
  • Demographics – Who are the people in my audience?
  • Action – What do I want my audience to do?

Within the course of the last few months, we have seen the focus shift very dramatically to driving traffic towards paid products. I have long been a proponent of this kind of thinking and have wondered what the point is of having zillions of page views if these people are not doing anything on the site – and if we’re not guiding them towards something that has the potential to either:

  1. contribute to the company’s bottomline
  2. move the customer one step closer towards taking an action of some sort

Anyway, there are my thoughts for this cloudy south London weekend. Updating this blog is turning out to be a bigger task than I thought – so much to say, such little time to say it!

Marketing resolutions for 2010

Friday, January 8th, 2010

Right, so I’m putting this in writing, so anone reading this will be able to take me up on it and then kick my backside if I don’t live up to it.

So here are my top marketing resolutions for 2010:

  • Put a price-tag on online registrations and sign-ups
    This is going to be part of my plan to make online marketing activities more transparent. First we get an idea of how much it costs us to get hold of a customer’s details through traditional means – DM or phone etc. That’s the sticker price for an address. Then we apply that to the number of sign-ups or email addresses generated in order to put a figure on the value created for the business through an online marketing campaign. So in theory, we should be able to represent X signups as £Y. Sweet!
  • More competitive intelligence
    There’s a lot of information online for FREE using sites like Google Ad Planner or Compete.com which can give us a lot of information about how competing sites are doing. I don’t take these as the last word, but they’re a pretty decent indicator. More decisions and promotion work need to be planned based on the insights we can get from sources such as these. If you know that your site gets 10 times the amount of traffic that your nearest competitor does, you’d be silly not to tell your advertisers about it. Of course, you don’t boast about it, you just direct them to the source very politely so they can see for themselves.
  • Be more open-minded about success criteria
    Yes, we’re working on a website, and we love conversions. But as Avinash Kaushik has pointed out in his excellent new book Web Analytics 2.0, there’s more to look at on a website than just macro-conversions like revenue or leads. List all the little “jobs” that people come to the site to do, and then set targets for each slice of this “pie of activities”. Each one then becomes an object of attention by itself.
  • Listen to the customer
    Well, this has started to happen already. Far too often it seems, marketers and marketing departments get caught up in panels and boards and meetings and experts, talking to and listening to people who are too close to the product or the market or the business. There are too many decisions based on “what we think is right” based on our experience and expertise, and not enough focus is given to what the customer is saying – or would say to us if we asked them. An on-exit survey, two or three quick questions – I’m really interested to see  what kind of insights we can get from switching off the “assumption lobe” in our brains, and just listening to what the site visitors have to say. Seems like a logical enough way to try things out considering these visitors are probably the only group whose opinion really counts.

That’s just about it. I’ll be over the moon if at this time next year I look back at this post and say to myself “tick, tick, tick…..”.

So what are you going to do differently in 2010?