98% of Brands See Positive Revenue Impact from Real-Time Marketing Efforts—But Report Challenges with Effectiveness
Marketers Leveraging Real-Time Marketing See Positive Revenue ROI
Brands that respond to breaking news on social media see a higher return on their real-time marketing investments than those that don’t, according to a new study from social intelligence and marketing software firm Wayin. The 2015 Wayin Real-Time Marketing Report, based on a survey of 200 manager and executive-level real-time marketers at companies with more than $100 million in revenue, finds that 64 percent of real-time marketers have leveraged breaking news on social media in the past year. That number jumps to 78 percent for brands seeing an ROI of at least 50 percent on their real-time marketing investment, compared to only 57 percent for brands with an ROI of less than 50 percent.
https://www.bulldogreporter.com/dailydog/article/pr-biz-update/98-of-brands-see-positive-revenue-impact-from-real-time-marketing-eff
Showing posts with label cincinnati advertising. Show all posts
Showing posts with label cincinnati advertising. Show all posts
Tuesday, June 9, 2015
Real Time Marketing Very Effective, But Businesses Challenged to Implement It
Wednesday, March 18, 2015
Why Hire a Professional Marketing Firm: Reason #2: Tools
If you're a landscaper, contractor, cook, barber or doctor -- you have tools to do your job. Those tools are critical to the success of your operation. If you're a landscaping firm, you have invested 10s of thousands (or more) dollars into lawn and garden equipment, allowing you to perform your job professionally and efficiently, and properly address the client needs. After all, when a client needs their lawn mowed, you don't use garden sheers. While it "could" work, it would obviously be incredibly labor intensive. Same with a contractor, you don't install finish trim by cutting it with a reciprocating saw.
And worst of all, it's hard to be a cook without pots, pans, knives and all the great gizmos they have. Same holds true in professional marketing and communications services. Our firm, for example, invests 10s of thousands of dollars on all the latest tools and technology that enables us to professionally and efficiently do our job for our clients. Things like Creative Suite, and ProfNET and Cision and Animoto -- research tools, survey tools, audio and video equipment and on and on and on -- all to be used professionally on behalf of a client.
Why on earth would you, as a dental practice, go spend $5,000 on cooking tools or landscaping equipment? You wouldn't right? So, for small to medium sized businesses, it's foolish to purchase these tools for your business, but it's easy to have access to all of them free of charge -- hire a professional firm. They have all the tools to do the job right, and know how in how best to use them in making great ads, nice collateral, to send releases, find reporters, tweet and make a cool video. Fix teeth. Let the agency grow your business.
And worst of all, it's hard to be a cook without pots, pans, knives and all the great gizmos they have. Same holds true in professional marketing and communications services. Our firm, for example, invests 10s of thousands of dollars on all the latest tools and technology that enables us to professionally and efficiently do our job for our clients. Things like Creative Suite, and ProfNET and Cision and Animoto -- research tools, survey tools, audio and video equipment and on and on and on -- all to be used professionally on behalf of a client.
Why on earth would you, as a dental practice, go spend $5,000 on cooking tools or landscaping equipment? You wouldn't right? So, for small to medium sized businesses, it's foolish to purchase these tools for your business, but it's easy to have access to all of them free of charge -- hire a professional firm. They have all the tools to do the job right, and know how in how best to use them in making great ads, nice collateral, to send releases, find reporters, tweet and make a cool video. Fix teeth. Let the agency grow your business.
Monday, March 2, 2015
Your Logo is Critical to the Success of Your Business
Great logos are recognizable in a blink. They also should make a lasting impression.
Target hits the bullseye, Nike goes swoosh, and Apple catches the eye. All three company’s iconic logos are unique, memorable and stand the test of time. They instantly and consistently do what a potent logo should: Identify a brand, make it stand out and, ideally, drive customer interest and sales.
We all know great logos, but we don’t all know that great logos aren’t easy to create. From concept to color to rollout, there’s much to consider when boiling your brand down to a single emblem.
Related: 5 Must-Haves for a Successful Logo
“We have less time and less space to tell our stories in than ever before,” says Alina Wheeler, a Philadelphia-based branding expert and author of Designing Brand Identity (John Wiley and Sons, Inc., fourth edition, 2013). “To rise above the clutter, a symbol or a logo is the fastest communication known to man. It unlocks associations with your brand on sight, so it’s important to get it right the first time around.”
Read More: http://www.entrepreneur.com/article/243181
Target hits the bullseye, Nike goes swoosh, and Apple catches the eye. All three company’s iconic logos are unique, memorable and stand the test of time. They instantly and consistently do what a potent logo should: Identify a brand, make it stand out and, ideally, drive customer interest and sales.
We all know great logos, but we don’t all know that great logos aren’t easy to create. From concept to color to rollout, there’s much to consider when boiling your brand down to a single emblem.
Related: 5 Must-Haves for a Successful Logo
“We have less time and less space to tell our stories in than ever before,” says Alina Wheeler, a Philadelphia-based branding expert and author of Designing Brand Identity (John Wiley and Sons, Inc., fourth edition, 2013). “To rise above the clutter, a symbol or a logo is the fastest communication known to man. It unlocks associations with your brand on sight, so it’s important to get it right the first time around.”
Read More: http://www.entrepreneur.com/article/243181
Monday, February 2, 2015
Content is Only Smart Marketing When Someone Actually Reads It
by Rodger Roeser
Content marketing is an excellent way to inexpensively establish your people, services and your overall brand as relevant in the market place. Unfortunately, content marketing is often just self serving blather that speaks more to corporate gobbedly gook rather than the true intent of content marketing – creating relevant content to those publics with whom you wish to relate. So, good content marketing truly is about knowing thy audience. Whether a speaking engagement, a writing assignment, a video or infographic, social media or good old fashioned advertising, a keen understand what is interesting and what will motive your target public to action is critical. But, where do you get that type of information.
Fortunately, information on consumers is everywhere, and most savvy marketers know they have access to such things as claritas, scarborough, nielsen, and literally dozens of other sources that can provide the most detailed information about consumer habits. While rather expensive, these types of services are readily available for purchase and are a treasure trove of consumer information. Most media outlets also have access to this type of information, and when considering making a media buy, this type of information is used to gain access to detailed demographic data.
And while great for larger type businesses and consumer goods, these are not great in the B2B market place, and in most cases out of the reach of small businesses simply because of cost. So, the smartest and least expensive ways to garner data are two fold – quantitative and qualitative research. Survey your customers or clients often and reward them for taking the survey. You seem this commonly among restaurants and chains. Also, each quarter randomly select 5 – 10 actual customers or clients to sit in for a “round table” meeting on what they like and what they feel could be improved about your business. Most current customers have and will have striking similarities to one another, so combining data from a round table with data from surveys and you have an excellent, albeit, basic view of the likes, patterns, wants and needs of your customer or client base.
Also, depending on your type of business, you may reasonably surmise that if you are an auto mechanic and vast majority of your clients are driving luxury cars, they likely own a home, have a family, that career is important to them and they may enjoy traveling. This type of information can be particularly valuable when creating custom publications or even newsletters with content that would be enjoyed by your audience. Remember, just because you’re a financial advisor, that doesn’t mean everything you write about needs to be financial in nature – it should reflect other things a customer or client would enjoy. After all, the greatest content in the universe is of no value if no one reads it.
And most likely, if you’re like most businesses, folks don’t like your newsletter. Be honest. Look at the metrics of the newsletter. Survey often. Have specific calls to action in your content, because after all, are you trying to educate? Or are you trying to sell more widgets? Measure what’s important, not how important you sound when writing something.
Content marketing is an excellent way to inexpensively establish your people, services and your overall brand as relevant in the market place. Unfortunately, content marketing is often just self serving blather that speaks more to corporate gobbedly gook rather than the true intent of content marketing – creating relevant content to those publics with whom you wish to relate. So, good content marketing truly is about knowing thy audience. Whether a speaking engagement, a writing assignment, a video or infographic, social media or good old fashioned advertising, a keen understand what is interesting and what will motive your target public to action is critical. But, where do you get that type of information.
Fortunately, information on consumers is everywhere, and most savvy marketers know they have access to such things as claritas, scarborough, nielsen, and literally dozens of other sources that can provide the most detailed information about consumer habits. While rather expensive, these types of services are readily available for purchase and are a treasure trove of consumer information. Most media outlets also have access to this type of information, and when considering making a media buy, this type of information is used to gain access to detailed demographic data.
And while great for larger type businesses and consumer goods, these are not great in the B2B market place, and in most cases out of the reach of small businesses simply because of cost. So, the smartest and least expensive ways to garner data are two fold – quantitative and qualitative research. Survey your customers or clients often and reward them for taking the survey. You seem this commonly among restaurants and chains. Also, each quarter randomly select 5 – 10 actual customers or clients to sit in for a “round table” meeting on what they like and what they feel could be improved about your business. Most current customers have and will have striking similarities to one another, so combining data from a round table with data from surveys and you have an excellent, albeit, basic view of the likes, patterns, wants and needs of your customer or client base.
Also, depending on your type of business, you may reasonably surmise that if you are an auto mechanic and vast majority of your clients are driving luxury cars, they likely own a home, have a family, that career is important to them and they may enjoy traveling. This type of information can be particularly valuable when creating custom publications or even newsletters with content that would be enjoyed by your audience. Remember, just because you’re a financial advisor, that doesn’t mean everything you write about needs to be financial in nature – it should reflect other things a customer or client would enjoy. After all, the greatest content in the universe is of no value if no one reads it.
And most likely, if you’re like most businesses, folks don’t like your newsletter. Be honest. Look at the metrics of the newsletter. Survey often. Have specific calls to action in your content, because after all, are you trying to educate? Or are you trying to sell more widgets? Measure what’s important, not how important you sound when writing something.
Friday, January 30, 2015
Charged with B2B Marketing? How to tie that into the Big Game this Sunday!
B2B Brands and the Super Bowl: How B2B Marketers Can Capitalize on Consumer Events
by Sandra Fathi |
Often, the Super Bowl seems as if it's more of a season than a one-day event. It dominates consumer conversations for weeks and weeks before Super Bowl Sunday arrives. From the food to the entertainment to the ads and the big game itself, the public is more focused on the Super Bowl than on most national holidays.
Communications professionals typically see the game as a time for business-to-consumer (B2C) marketers to capitalize on the benefits of all that conversation. But the truth is that business-to-business (B2B) companies can, and should, also take advantage of major consumer events.
Conversations from the newsroom to the living room and even the conference room are all about the Super Bowl. It's natural for companies to want to engage in that conversation—and they can, and they should.
Read more: http://www.marketingprofs.com/articles/2015/26952/b2b-brands-and-the-super-bowl-how-b2b-marketers-can-capitalize-on-consumer-events#ixzz3QJlNjr00
by Sandra Fathi |
Often, the Super Bowl seems as if it's more of a season than a one-day event. It dominates consumer conversations for weeks and weeks before Super Bowl Sunday arrives. From the food to the entertainment to the ads and the big game itself, the public is more focused on the Super Bowl than on most national holidays.
Communications professionals typically see the game as a time for business-to-consumer (B2C) marketers to capitalize on the benefits of all that conversation. But the truth is that business-to-business (B2B) companies can, and should, also take advantage of major consumer events.
Conversations from the newsroom to the living room and even the conference room are all about the Super Bowl. It's natural for companies to want to engage in that conversation—and they can, and they should.
Read more: http://www.marketingprofs.com/articles/2015/26952/b2b-brands-and-the-super-bowl-how-b2b-marketers-can-capitalize-on-consumer-events#ixzz3QJlNjr00
Monday, January 19, 2015
So, You're Thinking of Hiring a PR Firm. Why?
So, you’re thinking it’s time to hire a PR firm?
Great, I can help! I have hired 6 or 7 (and fired a few).
While the process might seem simple, in truth it is hard to do well. By “well” I mean hiring the right firm, for the right reasons, with goals set to deliver a positive impact. The first few times I went through the process it felt overwhelming, but over the years I have built up a list of tips that help me choose the right PR firm every time. I think my tip list might help you, too!
If you made it this far into the article, congratulations, you’ve already realized the value of PR. If not, and as a refresher, think of PR as key top of funnel customer touch point. As marketers know, we must touch our prospective customers a few times before they buy and there are many ways to do that, PR being one of the most powerful. If done right, PR subtly touches prospects in the media they consume and world they live in every day.
Read More: http://www.meltwater.com/public-relations-blog/hire-pr-firm/
Great, I can help! I have hired 6 or 7 (and fired a few).
While the process might seem simple, in truth it is hard to do well. By “well” I mean hiring the right firm, for the right reasons, with goals set to deliver a positive impact. The first few times I went through the process it felt overwhelming, but over the years I have built up a list of tips that help me choose the right PR firm every time. I think my tip list might help you, too!
If you made it this far into the article, congratulations, you’ve already realized the value of PR. If not, and as a refresher, think of PR as key top of funnel customer touch point. As marketers know, we must touch our prospective customers a few times before they buy and there are many ways to do that, PR being one of the most powerful. If done right, PR subtly touches prospects in the media they consume and world they live in every day.
Read More: http://www.meltwater.com/public-relations-blog/hire-pr-firm/
Wednesday, January 7, 2015
Time to do your Communications Audit!
The Mechanics of a Professional, Objective Communications Audit
By Rodger Roeser
It’s that time of the year where it’s smartest to sit back and review the work you’ve done over the course of the past 12 months. How did your team perform, how did you perform and how did your marketing perform are three big questions that are perfect to answer and address during the month of December. It’s called a communications audit, and it may the wisest task you take on this year to ensure you have a more successful, more rewarding and more profitable next year.
The basics of a communications audit are pretty simple – you need to gather up all the communications activities you did over the course of the year. From ads to press announcements to letters to collateral to web statistics – everything that was communicated either externally, if this is an external communications audit, or internally if it’s an internal audit. Once you have all the “stuff,” what we like to do is either spread across a conference table or post it to a wall so you can take a step back and review on first blush the general look, feel and presence of the “stuff.” As you have a vision in your mind as what this should communicate overall, take a look and see if you feel is conveys that idea or that brand. If so, check off the ‘look/feel’ box.
Next, review the copywriting and verbiage being used in things such as ad copy, sales letters, press announcements and collateral. Does it come from a singular and branded voice, or does it feel disjointed and penned by several writers. This can be exceptionally challenging when different folks in different departments or varying agencies are putting items together without consideration of the entirety of the branded conversation. While good communications can certainly have some degree of variance, you want your materials to be consistent throughout in tone and feel. Are the materials conveying the thoughts and concepts you want them to convey, are they portraying your business in the light you wish it to be conveyed, and does it help foster engagement and truly share a story.
After you’ve reviewed tone of voice and tone of look, now you need to look at your metrics. Assuming you had a marketing plan for the year (you didn’t have a marketing plan, well, that’s another article but you need to do this to start making your plan for next year) now you can begin the measurement of how things actually functioned. Look at increases in web traffic, social media voice, articles published, interviews conducted, sales leads generated, impressions and so on and so forth – whatever key performance indicators (KPIs) were important for you and your business to measure. My favorite, most often overlooked KPI is overall sales – did they increase? If not, what the hell is marketing doing? Right? These metrics take on a variety of forms and can be broad or incredibly granular depending on the program, product, service or goal. For example, let’s assume you wanted to measure the increase in sales of windshield washer fluid. Assuming you had a campaign to push said sales, it’s relatively simple to have benchmarked current sales, then after the campaign gauge those numbers and divide it by marketing investment. Or, on a much broader scale, if you’re looking towards increase web traffic, what percentage did that go up based on general branding and awareness activity.
Now, if all this sounds like a lot of extra work, well – it is and it isn’t. But, I’m a firm believe that you “can’t manage what you can’t measure” so having a tight communications audit is a critical, but sadly often overlooked aspect, of a good marketing plan and a good marketing leader. It’s important to have the numbers, it’s critical to look at what is and what isn’t working. Is your internal team coming up with good ideas and strategies that are helping to achieve goals, or are they simply executing random tactics as they come up. Is your agency working with you to proactively drive business success, or are they simply executing tactics. And, if they’re simply executing tactics (assuming they’re your tactics you’re directing them to execute) are you measuring them against your goals?
And, are you able to do so objectively. Can your CMO or marketing directly truly share when something is not working well, or spend is too high or simply not producing. Sadly, in some internal situations, the fox is guarding the hen house when reporting results, so keep an objective third party in mind that has the ability and expertise to perform a comprehensive communications audit to keep your marketing and your results on track – while also looking at other opportunities that may be a significantly better investment based on the goals and results you seek.
About the Author
Rodger Roeser is the CEO of Greater Cincinnati’s premier professional services branding and marketing firm The Eisen Agency. Roeser is an award winning television, radio and print journalist, and an award winning public relations and marketing executive. He can be reached at RRoeser@TheEisenAgency.com.
By Rodger Roeser
It’s that time of the year where it’s smartest to sit back and review the work you’ve done over the course of the past 12 months. How did your team perform, how did you perform and how did your marketing perform are three big questions that are perfect to answer and address during the month of December. It’s called a communications audit, and it may the wisest task you take on this year to ensure you have a more successful, more rewarding and more profitable next year.
The basics of a communications audit are pretty simple – you need to gather up all the communications activities you did over the course of the year. From ads to press announcements to letters to collateral to web statistics – everything that was communicated either externally, if this is an external communications audit, or internally if it’s an internal audit. Once you have all the “stuff,” what we like to do is either spread across a conference table or post it to a wall so you can take a step back and review on first blush the general look, feel and presence of the “stuff.” As you have a vision in your mind as what this should communicate overall, take a look and see if you feel is conveys that idea or that brand. If so, check off the ‘look/feel’ box.
Next, review the copywriting and verbiage being used in things such as ad copy, sales letters, press announcements and collateral. Does it come from a singular and branded voice, or does it feel disjointed and penned by several writers. This can be exceptionally challenging when different folks in different departments or varying agencies are putting items together without consideration of the entirety of the branded conversation. While good communications can certainly have some degree of variance, you want your materials to be consistent throughout in tone and feel. Are the materials conveying the thoughts and concepts you want them to convey, are they portraying your business in the light you wish it to be conveyed, and does it help foster engagement and truly share a story.
After you’ve reviewed tone of voice and tone of look, now you need to look at your metrics. Assuming you had a marketing plan for the year (you didn’t have a marketing plan, well, that’s another article but you need to do this to start making your plan for next year) now you can begin the measurement of how things actually functioned. Look at increases in web traffic, social media voice, articles published, interviews conducted, sales leads generated, impressions and so on and so forth – whatever key performance indicators (KPIs) were important for you and your business to measure. My favorite, most often overlooked KPI is overall sales – did they increase? If not, what the hell is marketing doing? Right? These metrics take on a variety of forms and can be broad or incredibly granular depending on the program, product, service or goal. For example, let’s assume you wanted to measure the increase in sales of windshield washer fluid. Assuming you had a campaign to push said sales, it’s relatively simple to have benchmarked current sales, then after the campaign gauge those numbers and divide it by marketing investment. Or, on a much broader scale, if you’re looking towards increase web traffic, what percentage did that go up based on general branding and awareness activity.
Now, if all this sounds like a lot of extra work, well – it is and it isn’t. But, I’m a firm believe that you “can’t manage what you can’t measure” so having a tight communications audit is a critical, but sadly often overlooked aspect, of a good marketing plan and a good marketing leader. It’s important to have the numbers, it’s critical to look at what is and what isn’t working. Is your internal team coming up with good ideas and strategies that are helping to achieve goals, or are they simply executing random tactics as they come up. Is your agency working with you to proactively drive business success, or are they simply executing tactics. And, if they’re simply executing tactics (assuming they’re your tactics you’re directing them to execute) are you measuring them against your goals?
And, are you able to do so objectively. Can your CMO or marketing directly truly share when something is not working well, or spend is too high or simply not producing. Sadly, in some internal situations, the fox is guarding the hen house when reporting results, so keep an objective third party in mind that has the ability and expertise to perform a comprehensive communications audit to keep your marketing and your results on track – while also looking at other opportunities that may be a significantly better investment based on the goals and results you seek.
About the Author
Rodger Roeser is the CEO of Greater Cincinnati’s premier professional services branding and marketing firm The Eisen Agency. Roeser is an award winning television, radio and print journalist, and an award winning public relations and marketing executive. He can be reached at RRoeser@TheEisenAgency.com.
Thursday, November 6, 2014
Make 2015 Your Best Business Year Yet
Cincinnati PR, Advertising Firm Shares Five Things Every Small Business Owner Must At the End of the Year to Be Poised for Growth, Success in 2015
It’s the perfect time of the year to step back, take a deep breath and see what worked, what needs improved and what needs scrapped according to most business experts. Cincinnati and Cleveland public relations and advertising executive Rodger Roeser, also host of a national radio show on best practices in marketing and PR, says that while many executives may focus solely on the bottom line, he suggests that they take just a few moments and focus on marketing results – a simple investment of time that could not only save significant dollars, but also significantly improve performance.
1. Perform a communications audit
Roeser advises to take a look at all the pieces produced by your organization that were used for any type of public consumption, including letterhead, business cards, sales presentations, sales letters, press releases, advertisements and the like. Lay them all out on the conference table and make sure they follow your approved graphic standards and brand identity. Double check the messages being sent: are they hitting the mark, does it say what you want it to say? Are pieces outdated and does your material need refreshed? Is it easy to read and understand? What might some better and more interesting stories be about you, your team and your organization. Roeser advises consulting an expert if you feel you cannot be objective or lack the time.
2. Survey your existing clients
It’s never been easier than with the online software that exists, such as survey monkey or zoomerang – both free services. You simply craft a survey and email it out to your clients to glean valuable business intelligence. If you’re afraid to do that, you’re not following a basic tenant of business: listening to your client. Analyzing the results is also quite simple and you may find some easy things you can do to make some clients happy, but almost always, simply asking the question of “how can we make things even better,” is reward enough in that it lets customers know that they’re feedback is valued.
3. Set benchmarks before budgets
Look at what worked, what didn’t perform as expected and set a budget based on anticipated results and expectations. Marketing works because enough “oomph” is put behind it to make it work, and typically, integration is key. Look at your marketing mix and where the dollars are being allocated. Set goals, and above all, set benchmarks of where you are now and where you want to be in as many measurable facets of your organization as you can, such as overall sales, monthly sales, web traffic, store traffic, coupon redemption and the like. That way, you can look at your advertising, marketing and pr from of standpoint of “did it work” rather than “that’s a pretty color.” Most press releases, for example, that are crafted and distributed are poorly written because they are overly centric to the business sending it out, or mandated upon the agency to send it out. Don’t impose success when the release or product is the failure. Same goes with a bad ad, or bad customer service. Creativity and newsworthiness are subjective, while sales increases are not. Understand the difference.
4. If you don’t have one, find a community relations outlet for your business
There are hundreds of great causes and programs you can lend your business to, and dozens that will help strengthen and bolster your brand – if you need help, consult an agency. Cause marketing activities and community relations are proven to strengthen brand, increase sales and increase employee morale. It can be something you believe in personally, it can be large scale or small scale, but regardless, it should be part of your plan. Yes, it’s a good public relations move, but more importantly, it’s good for the overall health of your company and most likely, the community in which you and your employees live.
5. Do something different next year
Vow to do something different next year with your marketing, such as a podcast series, a custom publication or even start a blog. There are hundreds of new, fun, effective, inexpensive and creative outlets for marketing products, services or people. Again, consult with an expert, but do something and do something different. Remember, sometimes in marketing it can be okay to be that black sheep because the point is standing apart from the crowd and creating a distinctive and memorable brand. If your marketing is a bit stale, do something fresh. If you think blogs are new – it’s time for some fresh, proactive and creative counsel. Overall, marketing should be proactively effective and fun – regardless of industry.
Roeser adds that his agency provides a free service, called EMG Bootcamp, available by appointment, where business executives and practitioners can learn best practices, new services and technology, budgeting, and brand building exercises to better understand and develop strong marketing communications and sales team. EMG Bootcamp is an interactive, informative and fun two hour session.
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