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Tag Archives: Cross Media Marketing

Pricing A Cross Media Campaign: BEGIN AT THE END

That’s right, begin at the end – start with the number of leads that the campaign is expected to generate.

It is understandably challenging for a printer to figure out how to price a cross media campaign for the first time. This is because printers have, all these years, based their prices on the cost per piece. That is, they calculated the total cost of materials for each piece of a set, added their margin, and that was their selling price.

A cross media marketing campaign does not exactly fit into that world.

A cross media marketing campaign involves more intangible products and services, and to price one successfully, you need to think about the campaign costs and the possible results that the campaign can achieve.

The variable costs are directly proportional the complexity or richness of the campaign. The fixed costs are lower for recurring campaigns. The expected results determine how the campaign is designed, and so that’s where your pricing strategy begins.

Thinking about the campaign with the expected results in mind will also increase the campaign’s success rate, and that will bring in more business for printers.

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QR Codes Shorten The Distance Between A Man And His PURL

You send out a direct mail piece with a personalized URL. You’ve done your best with it, and it’s as perfect as it can get. There is one more thing you can do to increase the response rate – add a QR code to your mail piece.

What is a QR code? “QR is short for Quick Response (they can be read quickly by a cell phone). They are used to take a piece of information from a transitory media and put it in to your cell phone…” Read more at Search engine land.

It looks like this and can be scanned by most camera phones.

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Scanning the code will open up a PURL (or any URL that you want). So the recipient does not need a computer to check out his PURL. We love QR codes because they shorten the distance between a person and his PURL. And because they are so cool.

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They help increase a marketing campaign’s response rate because they:
-Eliminate the need to type
-Make PURLs portable – people are not always at a computer, but almost always have their phones with them

Other benefits:
-A QR code can be read with a mobile phone, opening up a new channel of communication
-QR codes can go anywhere, in any size – from a business card to a billboard

A QR code is a logical extension of your PURL, it fills the gap that other cross media marketing tools cannot.

93% Of Marketers Will Increase Digital Marketing Spend, Says Survey

img:quinn.anya via flickr

Good News!

A Datran Media survey found that “93.6% of respondents will increase their budget for digital marketing channels this year, and 72.8% will use audience measurement tools to assess the success of their digital efforts,” DM News reports.

73.6% of survey respondents said they expected advertising revenues to go up this year.

So, those of you worrying about the shrinking print industry, look on the bright side – marketing budgets are expanding, and marketers are spending more on digital campaigns. If you stop sulking and upgrade your business to offer cross media services, you can grab a chunk of those dollars right away and expand your customer base.

Now, let’s see that smile :-)

Five Myths About Cross Media Services

A lot of us are just getting acquainted with cross media services, and this means there a quite a few misconceptions flying around. Here are our favorite five:

img:philosophygeek via flickr

Only companies with multi-million dollar marketing budgets use cross media services.
Not really. A cross media marketing campaign can be launched with a few hundred dollars.

Only big advertising agencies care about analytics.
Absolutely not. Today, every marketing manager – regardless of company size – worries about ROI, and wants to track, measure and analyze every stage of a marketing campaign.

For printers, taking on cross media services requires adding new staff.
No. Selling cross media services requires a change in the sales process. You’re moving from product-centric selling to solution-centric selling. You engage more closely with your customers, find out what their pain points are and help them solve the problems. You can train your current sales people to do this. And, on the the production side, using advanced web-publishing technology (such as Easypurl.com’s Canvas Designer) existing pre-press operators should be able to build projects.

Personalized URLs or PURLs are not compliant with HIPAA, FISMA and other acts.
Not all PURL services are compliant with these security requirements, but THERE ARE SOME that are compliant. We definitely are. Don’t discard PURLs assuming they are not secure, find out.

Using PURL software means your creative boundaries are limited to chunky fonts and ugly templates.
Who told you that??? Sophisticated software like Easypurl let you customize pages and emails to match your corporate website, or specific ad campaigns. It is possible to create pages that look just like your corporate website.

Marketing in Tough Times

When Brian McGovern, owner of Allegra Print and Imaging in Billings, Montana was asked what he was going to do about the recession, he answered: “We don’t plan to participate.” He saw the slowdown as an chance to intensify his marketing efforts. He believed that when times are good, you should market your products and services, and when times are bad, you must market them.

Apparently, he´s not the only one who thinks that way. A classic McGraw Hill Research study of U.S. recessions, which analyzed 600 companies over five-years, concluded that “firms, [which] had maintained or increased advertising during the…recession, could boast an average sales growth of 275 percent over the preceding five years. Those who cut advertising realized a paltry increase of only 19 percent.”

The Rise Of Performance-Based Direct Mail

When the going gets tough, marketers invariably search for improved ROI on their marketing dollars. Indeed, in these gloomy economic times – with tightening budgets and plummeting earning statements – the days of ‘spray and pray’ are a distant memory. Marketers know their jobs today depend on doing more with less, and the result in an inevitable switch of marketing budgets away from channels that don’t work, over to those that do. Ultimately, it all comes down to measurability, as you can’t judge what you can’t track.

In this challenging environment, direct mail with Personalized URLs stands out in the crowd. This marketing innovation combines direct mail, the most effective and powerful marketing channel available, with the measurability and interactivity of the Internet. It can be argued that this form of cross-media marketing is the most effective tool available today.

A study conducted by the Direct Marketing Association (DMA) last year reported that 73% of consumers in the US prefer to receive product offers via direct mail, illustrating the continued relevance of the medium.  Moreover, according to John Birkehshaw, author of “The Future of Print on Paper,” direct mail is predicted to have growth of around six-percent per year through 2010.

Direct mail remains popular in today’s environment for several important reasons. First, direct mail is observably effective and can be used for direct response, especially when compared to other traditional forms of advertising, such as broadcast or newspaper ads, that are better suited for branding. Just as importantly, due to recent advances in printing technology, direct mail can now be personalized to a high degree, giving consumers an experience more similar to what they would find online. Third and perhaps most importantly, direct mail can be linked to the Internet – the most popular and quickest-growing advertising channel of all – using Personalized URLs. This linkage adds all the benefits of the Web to direct mail, including but not limited to real-time reporting and interactivity.

The Internet has really changed everything. Over the past dozen or so years, the rise of the Web has resulted in a marked shift of marketing budgets towards the Interactive channel. A large reason for this is the inherent measurability of this medium, allowing for detailed campaign reports in real time, accessible 24/7. Not surprisingly, marketers have become spoiled and now expect view campaigns results anytime, anywhere on the Web.

Since the advent of the Internet, direct marketers have struggled with the ability to provide their direct mail recipients a means to respond online in a way that can not only be tracked with any certainty, but presents recipients with content relevant to the promotion at hand – a core tenant of direct marketing in the first place. Technology has finally met the challenge, and Personalized URLs now fill this void.

For commercial printers, integrating Personalized URLs and cross-media services into a commercial printer’s product offering also connects their customers’ investment in print to Web analytics, visitor and response data, all of which is essential for calculating ROI. Further, offering marketing services requires collecting, understanding and quantifying marketing data. If Print Service Providers truly wish to transform into Marketing Service Providers, adding a cross-media solution to their existing infrastructure service offering is a mandatory step.

For the marketer, access to better data means smarter marketing, better targeting, increased personalization and quantified ROI. For the Print Service Provider, having access to their customer’s marketing data also means having a finger on the proverbial pulse of a client’s marketing spend. In fact, it can even be argued that having access to marketing data is a requirement for offering marketing services in the first place, as it’s impossible to sell, understand, quantify or recommend marketing without having access to results. Printers who not provide quantifiable ROI will be reduced to selling a risky commodity, with little or no ability to prove effectiveness or influence a client’s marketing decisions.