Tuesday, May 24, 2011

Importance of mobile marketing confirmed in new Google study.


A new study from Google, in partnership with IPSOS OTX Media CT, confirms the growing importance of mobile marketing and the need for your clients to capitalize on this new marketing tool.

According to Google, 79% of top advertisers don’t have a mobile optimized site.

This should be unacceptable to any advertiser, large or small, and represents a great opportunity for agencies to help their clients compete in today's digital marketplace..

The first thing agencies and marketers should do is read The Mobile Movement – Understanding Smartphone Consumers. This is a must read, with interesting and informative data on how smartphones are being used to help with our daily lives and our shopping purchase process.

Importantly, this study provides a great resource for agencies to convince their clients that the power of mobile marketing is simply too bid to ignore.

We all know there’s a mobile movement, and that smartphones are being used daily by millions of consumers. According to this study among 5,000+ adult (18-64) smartphone users, in the past seven days, 81% browsed the web, 77% used a search engine, 48% watched a video, and 63% stayed connected to our friends by visiting a social network.

What you may not know is the growing importance of the smartphone to our shopping behavior.
• 79% of users rely on smartphones to help with shopping regularly.
• 54% use smartphone to locate a retailer through directions, maps, or GPS.
• 49% compare prices to decide where to buy.
• 44% read product information and reviews.
• 40% look for promotions and coupons daily.

Smartphones are becoming an integral part of a multi-channel purchase process.
• 67% of users research product or service information on their smartphone and then buy in store.
• 23% research on smartphone, visit store to check out product, and then purchase online.
• 16% research on smartphone, visit store to check out product and then purchase on smartphone.
• 9% visit a store and then purchase on smartphone.

The Mobile Movement: Understanding Smartphone Consumers has a lot more information. For a free copy of the full report, go here. Or check out this video for a quick summary of the findings.



If you're one of those 79% of top advertisers don’t have a mobile optimized site, you need to read this report.

Tuesday, April 19, 2011

Social Media Spending Up; Facebook Likes Primary Goal

A new study confirms the growing importance of social media. According to a poll from Effie Worldwide and Mashable, an overwhelming number of marketers consider social media to be integral to their strategies this year. The poll was conducted in February among ad agency executives and marketers from major U.S. firms.

Key findings from the poll were:

* 87% said social media was “important” or “very important” to achieving their biggest marketing goal this year.
* 70% plan to increase their social media budget by more than 10% this year.
* The primary social media goal is to increase Facebook 'Likes".
* Study respondents reported that social networking would take 11.9% of their overall budget this year compared with 13% for TV. That figure may be overstated, however, since $68.7 billion was spent on all TV advertising last year, compared with just $26 billion for Internet advertising.

Much of that spending will go toward trying to find new Facebook fans, which 35% of respondents said is their main goal in 2011. “Increase our presence on mobile” was number two on that list, coming in at 22%.

Other findings included:

* Brands that were cited for “effectively getting their message across via social media” include Old Spice ( chosen by 15%), Pepsi (8%), Starbucks (7%) and Ford (6%).
* 50% of respondents said they use a mix of in-house and agency to handle social media outreach.
* 80% said they were planning iPad-based advertising and/or an iPad-based app this year, while 20% said they were “not planning much” of either.

This study illustrates an important opportunity for agencies to lead their clients. How social are your efforts?

Wednesday, March 30, 2011

A Client's Perspective on Five Things Agencies Should Heed

The latest issue of Marketing:Your Business Connection has a great article from Rod Brooks, VP and CMO of PEMCO Insurance. Rod is well known around town and is well respected as a thought leader and exceptional marketer always willing to share his experience and marketing knowledge with others.

The inaugural article in his new series from the client side contains his personal perspectives and insights on advice to share with agencies. Here is a brief summary of his key points:

  1. Loyalty matters. It matters to Rod as he believes that there are advantages and opportunities that come from leveraging the experience and knowledge gained from long-term relationships with partners who understand the brand and its business. He also believes it should matter to agencies, suggesting that agencies should tout their long-term relationships as a reference in new business pitches. But he also reminds us that loyalty is a two-way street, and questions agencies that resign one account to take on a larger one in the same category.
  2. Commit to the journey. Rod admires agencies that know where the client is going, understand what it takes to get there, and work with the client to pull in the same direction. His advice here is to be proactive - don't wait for specific directions from the client. Be observant, engaged and stay in motion with your client.
  3. The brand is everything. This is a great tip from Rod. Focus all of your new business effort on understanding the brand. Do your homework - shop their stores, use their products, call their service centers, talk with employees. It shouldn't surprise you to know that clients don't care as much about you as you would like for them to, so don't focus on you in new business, focus on what they really care about - their brand. (SIDE NOTE: One of the best new business pitches I ever made was when we mystery shopped 100 stores that carried the client prospect's products, completed a short survey on each visit, and used a board with 100 business cards from the store salesman as the first chart in our new business pitch. The prospect was impressed with the effort, anxious to know what we had learned, and, most importantly, awarded us a $20 million business that day).
  4. It is not your money. Of course, it's not. But do agencies treat the client's money the same way they treat their own? Rod doesn't think so, and I'm sure he's not alone in thinking this. He also chastises agencies who "nickel and dime" their clients with petty charges like mark-up on copies, supplies used, and phone calls.
  5. There's no such thing as full-service. As Rod says, like it or not, fragmentation and specialization is a reality, and while it may be more difficult to manage multiple partners, he is convinced he gets better work from someone who is truly skilled in a particular aspect of marketing. His advice - take down the "we do it all banner above the door", and focus on your core competencies.
Rod makes good points on each of these insights, and agencies would do well to listen and heed this advice. Competition gets tougher every day. Not every client shares exactly the same philosophy as Rod, but I'll bet that most of them do!