Thursday, May 19, 2016

[New Post] Why Multichannel Marketing Is Worth The Work

 

Blogs

Why Multichannel Marketing Is Worth The Work

PR Newswire

Multichannel content a good fit for marketing

You walk by a shoe store, and an ad in the window piques your curiosity. However, you're in a hurry and can't stop to try on the new shoes they're promoting.

You do have time to run a quick search on your phone for information about the shoes. You read through a few of the reviews and articles you find.

The shoes are a bit out of your budget, though. You're the type of shopper who needs to think over a purchase like this.

Later on, you scroll your Instagram feed and several photos in, the shoes pop up in a sponsored post for the store. You scroll past it, surprised. You visit a site to check the weather and on the side of the page, the shoes pop up again.

You sleep on it. In the morning you wake up to an email with a coupon from the store.

Coincidence? Probably not. But you take the coupon into the store and purchase those shoes you can't seem to get out of your head.

How did this happen?

Through a well-planned approach to content promotion, the brand was able to reach you at different points during your decision-making process with messages you wanted to see.

The continued influx of mobile devices and digital channels empowers customers to make decisions about brands before ever stepping foot in a store or speaking to a sales representative.

As a marketer, you must prioritize communicating with these prospects across all of the channels they use.

I recently sat down with Matt Heinz, president of Heinz Marketing and one of the guest speakers during PR Newswire's next webinar, to discuss the benefits and challenges of a multichannel content strategy.

"There's plenty of research that indicates you see an acceleration of awareness building and intent when people see you in multiple places," says Matt. "There is a difference between showing up one place five times and showing up five places once. When you increase your channel diversity, you're increasing the velocity with which your prospects become aware of you, understand you and have interest in doing business with you."

What’s stopping your brand from trying multichannel?

As with any large undertaking, though, there are challenges to successfully rolling out a multichannel marketing program.

"In larger organizations, media channels are managed in silos. It can be difficult to coordinate your multichannel execution because everyone has a different schedule, a different agenda and in many cases, a different budget," explains Matt.

"Executing a multichannel approach requires very tight coordination between those teams, a prioritization from the senior levels of your marketing organization, and an understanding that the sum of all those parts together is going to achieve better results than those parts working in isolation individually."

How can you make multichannel work for you?

Bringing a multichannel program to market may take time, people, and money. However, don't let these hurdles discourage you.

Synchronizing your marketing efforts across all of your brand's channels can increase your efficiency and potentially decrease the amount of marketing you need to do to deliver ROI.

According to Matt, "You can make a case to your CMO and even to your CFO that this is a more efficient way of marketing, that you can actually achieve better results by spending less money. You can very much make a financial business case for why this should be done."

If you could offer your audience multiple opportunities to be delighted by your brand, wouldn't you do it? Shouldn’t you do it?

Overcome roadblocks by focusing on channel prioritization and content diversification.

"Your channel mix needs to be tied to who your target audience is and where they are. If you're marketing to a baby boomer audience, you probably aren't spending a lot of time on Snapchat. If you're marketing to millennials or younger, then you probably are," says Matt.

He cautions, though, that "if you're relying on the same creative and the same offers over and over again, there reaches a point where your audience is not going to respond. It's more about diversifying the message, diversifying the offer."

"Questions about where to market and what channels to use always go back to your target audience," explains Matt. "'Who is your customer, who are your prospects, where do you find them, where are they hanging out, who and what influences them?' The answers to those questions will help you develop your multichannel mix."

On Wednesday, May 25 at 1 PM ET, get more multichannel marketing advice from Heinz Marketing President Matt Heinz, as well as Annuitas Chief Strategy Officer & Principal Adam B. Needles, during the webinar Multichannel Content Strategy: How to Build Awareness, Customers and Revenue.

Webinar_Multichannel-Content-Strategy

Click here to register for our May 25 webinar and then join Matt and Adam to learn:

  • How to map your content to the buyer's journey
  • Strategic tips to create metrics for content plans
  • How to track revenue and success within a multichannel content plan
  • How to use multichannel strategies and incorporate them into your goals

Author Chelsea Cox is executive assistant to PR Newswire's SVP of Marketing, SVP of Product and CFO. She also assists the marketing department with event promotions. In her spare time you can find her practicing #blackgirlmagic and making lemonade.

chelsea cox

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Tuesday, May 17, 2016

[New Post] Plan, Do, Check, Act: How to Optimize Your Content Marketing

 

Blogs

Plan, Do, Check, Act: How to Optimize Your Content Marketing

Annemaria Nicholson

Multichannel Marketing Optimization Tips

One of my favorite philosophies that I use to guide my work is the practice of continuous improvement, or kaizen. The basis for this business school of thought is making concerted efforts to improve processes, efficiency and performance.

In the PR and marketing industry, we can witness kaizen being practiced more and more often. As we explore in the white paper Defining the Metrics that Will Demonstrate ROI, new tools have made it easier to measure the precise impact of our efforts and optimize content creation and promotion.

When optimizing your multichannel content program, consider the "Plan, Do, Check, Act" (PDCA) approach. Based on the scientific method, PDCA is commonly used to implement kaizen.

The following steps provide a framework for using Plan-Do-Check to identify marketing opportunities that can be solved by Act.

PLAN: The first step is establishing your marketing department’s goals, selecting a timeline and content, and developing a multichannel promotion blueprint that everyone can get behind. It's important, during this stage, to gather your data sets and analytics. They will help you plan the best course for maximizing your marketing channels' revenue. Is there anything you failed to address in the development process that you'd like to implement down the road? Make a note of it and move forward; you'll have the opportunity to reflect later.

Learn more about Plan in How to Map Marketing Content for Multichannel Promotion.

DO: At this point, you're ready to execute your content promotion. Determine which paid, earned, owned and social channels you're going to use and the best ways to format your content across each channel. Again, it's smart to note any content pieces or channels that aren't a good fit in your current campaign. For instance, not every buyer persona can (or should) be targeted with every campaign. However, they can (and should) be promoted in the future.

Learn more about Do in 5 Tips for Quick, Easy, and Effective Content Distribution.

CHECK: Throughout the entire process, you should be studying your analytics. Not only will they provide you with the big picture successes of leads generated and revenue gained, but they will also offer insight into metrics that can help you improve, such as lead attribution by channel, page views vs prior year performance, subscription fallout rates, lead-to-conversion ratios and consistency in persona coverage. Don't forget to include historical performance. Providing a baseline will give your team the complete picture of progress made.

Learn more about Check in Attribution Modeling's Role in Your Marketing Mix.

ACT: Do your job well in the first three steps and you'll be set up for success when it's time to take action. After breaking down your data points, you should see some areas where you can roll up your sleeves and make improvements. Common optimization opportunities include:

Sequence reshuffling. You'll likely find you need to reorder the publishing and promotion sequence of your content. There may be a great white paper, for example, that has traditionally been offered to audiences early in the funnel, but is being consumed by prospects who are very close to the point of purchase. Does it make sense to move this content down the funnel to buyers who find the most value in it? Resequencing content in a demand generation program is a large undertaking, but analyzing content's potential in other parts of the program is vital if you want to increase conversions.

Bandwidth expansion. Once you've established an efficient process for your multichannel marketing, look into increasing the amount of content you're promoting on a regular basis. While an increase can reap benefits, continuously test the waters and keep on eye on whether or not you're over-saturating the market.

SE-CO-3-5-1-Defining-Metrics-to-Demonstrate-ROI

Content optimization. Were there a few pieces of content that received many landing page views but few downloads? It's time to examine the source of the traffic, see whether the keywords bringing in audiences are an appropriate match, and adjust as needed. Sometimes it's a simple matter of improving the language or graphics on the landing page to better explain what readers can expect to see. Other times a different content piece should be considered or a new one developed altogether.

Content creation. By now you've noticed some audience knowledge gaps you want to fill. Perhaps you don't have enough content to satisfy a persona you're targeting, or you don't have adequate coverage for all stages of the purchase funnel. Itemize the content gaps that you want to fill, and assign them to a content creator to brainstorm ways to fill these holes in your program. Consider new topics and new formats to better engage your audience in the medium that's right for them.

Demand generation improvements. Step back and take a look at the web of content you've created. Are there any weak strands or things that seem out of place? Because you've looked at the data and been so dedicated to serving up this content to audiences, you are now in a good position to see if any larger scale improvements can be made.

The key to kaizen is that the process is continuous. To see results, you must repeatedly walk through these steps, iterating on opportunities big and small.

Download our free white paper Defining the Metrics that Will Demonstrate ROI to learn more about improving — and proving — your PR and marketing’s success.

Author Annemaria Nicholson is a solutions & customer lifecycle marketing manager at PR Newswire. In addition to designing integrated marketing programs for PR Newswire and CNW, she's responsible for promoting the companies' content and multimedia distribution, reporting, and e-commerce solutions. You can contact her via LinkedIn.

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