Alterian 7th Annual SurveyAre You Ready to Engage?
Presented by Bob BarkerVice President, Corporate Marketing
and Digital Engagement
1,068 marketing professionals surveyed globally
North America 62% Europe 36% Asia Pacific and Other 2%
Alterian’s 7th Annual Survey
Survey Respondents by Segment
Question 1
How many different providers of marketing services do you leverage to accommodate services such as digital marketing, database marketing, data hygiene, creative & brand, strategy & consultancy, web analytics, email marketing and statistical analysis?
Q1: Number of Providers of Marketing Services Leveraged?
Costs of Complexity
• Cost of managing, analysing• Cost of data integration, cleansing• Cost of execution• Cost of a slow speed to react• Costs of not being effective• Cost of weak relationship
Creative
Creative
Creative
Agencypre 00’s
Agency 00’s
Agency 10’s
Accountable
Accountable Engaging
Increasing Demands on Agencies
&
& &Across
All Channels
&
Service Provider Evolution: Customer Engagement Agencies
What is the Customer Engagement Agency (CEA)?
Customer Engagement Agencies take a multi dimensional approach to marketing across all channels combining three traditionally disparate skills and deliverables:
• Creative capacity to develop persuasive content,
• Technical and multi-channel data expertise to deliver messages via multiple channels
• Data-driven Intelligence driving cross channel/segment dialog enabling positive financial impact through the proper selection of the right message for the right audience at the right time
An Unwavering Commitment to RESULTS Across All Channels
“We’ve hinted before that agencies that can’t transition from pushing out messages to nurturing customer connections aren’t long for this world. Agency readers, heed our warning. Services firms that lack data management, analytics, listening , social media execution, and strategy expertise will dry up”
Forrester US Interactive Marketing Forecast by Shar Van Boskirk, July 2009
Question 2
How difficult is it for you for coordinate resources across your digital agency and direct marketing agency?
Q2: How Difficult is it for You for Coordinate Resources?
Respondents Via Segment
Campaign Isolation
Digital Agency Campaigns DM Agency Campaigns
Time to Coordinate Across All Channels
• Right message• Right person• Right channel• Right time
DirectMailEmail Web
Question 3
During the next 12 months, how much of your marketing budget do you see shifting from traditional direct marketing (direct mail/telemarketing) to digital/interactive/social channels?
Q3: How Much of Your Marketing Budget Do You See Shifting?
Percentage of Marketing Budget Shifting Towards Digital/Interactive/Social Channels (By segment)
We Are All Spending More Time Online
AngrySocial
In TouchInformed
Marketing Becomes More Individual and Digital
Low Cost Set-Up, But Absorbed Into Current Roles
Pay Per Click is a Hyper Efficient Market Place
But You Have to Engage as Well
Search’s role and valueHyper-efficient marketplace
Customer Engagement operational excellence required
HIGH
LOW
HIGH
LOWUNKNOWN AWARE CONVERSATION CUSTOMER ADVOCATE
CUSTOMER ENGAGEMENT LIFE CYCLE
Question 4
Do you incorporate your click stream/web analytics data into your customer/email database?
Q4: Do You Incorporate Your Clickstream/Web Analytics Data?
Lost Opportunity
WebsiteClick-stream
data
CustomerDatabase
360º View of What?
“There will be no such thing as an unknown customer”
Question 5
In which of the following new marketing techniques are you currently investing or plan to invest?
Q5: In Which New Marketing Techniques Are You Investing?
Marketing Technology Enables Marketing Professionalism
• Be of Value to Customers – through listening to what they actually want through social media and the internet
• Be Engaging – through the website and digital channels• Be Consistent – with multi channel customer engagement • Be Relevant – through individualized email• Be Accountable – with customer analysis and reporting
Brands as Publishers and Broadcasters = Low Cost Distribution
Repurposing content opens new points of distribution and has a
Compounding Effect on Reach
Start a discussion
Chop into episodic blog posts
Deploy as formal release
Repackage as presentation
Add voice for video
Tweet key takeaways
Investment in Social Media Marketing vs Monitoring
CollectSM2 indexes the entire social media universe, across the globe and across all platforms.
StoreAlterian’s Social Media WarehouseSM, created in 2007, contains over 3 billion social media mentions, blogs, tweets, posts, images and conversations.
UnderstandAn incredibly powerful and intuitive tool, the SM2 User Interface enables clients to visualize, analyze, communicate and share findings. Turn content into actionable insight.
Over 3 Billion Results
Listen to What People Have Been Saying About You for Years
57% Investing in Engaging on the Website
• When you have someone on your website, they have given their full consent for you to communicate with them or to market to them
• It’s your chance to engage, to persuade or to educate• That chance might be brief - as the cursor hovers over
the back button
Web Engagement
Multiple Engagement OpportunitiesMultiple Authors
Multiple Media types
Q5: In Which New Marketing Techniques Are You Investing?
Question 6
How much effort are you placing on integrating your communication strategies e.g. moving from campaign-centric direct marketing model towards multi-channel customer engagement?
Q6: How Much Effort Are You Placing on Integrating?
Build an Ability to Drive Customer Engagement Cycles
Customer Engagement Life Cycle
Multiple Customer Engagement Cycles
UNKNOWN AWARE CONVERSATION CUSTOMER ADVOCATE
The Customer Engagement Cycle and Customer Engagement Personas
Question 7
How would you rank the importance of Social Media (such as social networking sites, user-generated content, blogs etc) to the overall marketing mix?
Q7: How Would You Rank the Importance of Social Media?
Importance of Social Media to the Overall Marketing Mix (By segment)
We all have a voice
Building Relationships One at a Time
20 Best Marketing and Social Media Blogs by Women
Lets Talk Social Media ROI
• For SEO• For lead generation• For Customer service and support• For New markets and product development• For industry and competitive insight• For social media campaigns• For corporate marketing and brand building• For Brand audits & general listening• For public relations and crisis management
Question 8
How prepared do you feel you are to take advantage of the new techniques that digital and social media represent as part of your overall marketing/customer engagement strategy?
Q8: How Prepared Do You Feel?
Get Prepared
• Form the Habit• Listening tool – Social Media
Monitoring - Freemium• Build a Social Media Practice• Get the Little Book
– 1. Plan– 2. Listen– 3. Engage– 4. Assess
www.alterian.com/lbsmm
Question 9
How many of your existing marketing staff have the necessary skills required to take advantage of new marketing or customer engagement strategies?
Q9: Does Your Existing Marketing Staff Have the Skills?
Stove Pipe Dangers
Advertising
Direct
Website (IT)
SE
O &
P
PC
Social
Media
Em
ail
Website
Old Stove Pipes New Stove Pipes
Conclusions – Get Ready to Engage
• Marketing is transforming from Mass marketing to Engagement with the individual
• Social media is fuelling the transformation of marketing the internet begun – 67% say its increasingly important
• Marketers are getting ready to...– Engage online –make the website engaging – 57% investing– Engage in Social media marketing – 66% investing
• Marketers need to...– Integrate internally and externally – integration is required to operate
effectively and to save costs – 42% don’t even incorporate web click stream, they have multiple costly agency relationships
– Train their Staff – 40% don’t feel staff are prepared
• Customer Engagement Agencies are emerging to help marketers
Questions?
Presented by Bob BarkerVice President, Corporate Marketing
and Digital [email protected]
Twitter.com/bob_barker