Personalization, individualization, customer profiling… the marketing industry’s current buzzwords all speak to the same concern: Consumers increasingly expect offers and promotions to be targeted directly to their unique preferences, interests, and buying behaviors.
Marketers understand that it’s their responsibility to meet consumers’ expectations. And the majority believe they already are: According to a recent study by Forrester, 66%t of marketers rate their personalization efforts as “very good” or “excellent.”
The Great Disconnect
Many consumers, however, don’t feel the same way. 44% told Forrester they receive “too many” offers and promotions. Even worse, 40% said that most promotions “don’t deliver anything of interest.” What’s driving the disconnect?
In part, the “personalization gap” involves a chicken-and-egg issue: 45% of marketers told Forrester when it came to their current personalized marketing strategy, their top concern was that “consumers delete most email offers and promotions without reading them.” With so many marketers believing their personalization tactics are “very good” or “excellent,” that claim of concern is akin to placing the blame on customers’ shoulders: We’re doing a great job giving customers what they want.. Our customers are just ignoring it.
What that thinking reveals is that marketersare failing to meet their customers where they live.
Across the board, consumers engage with targeted offers from their favorite brands when those offers are delivered on their preferred mediums. If marketers are so worried customers are deleting their emails, maybe they shouldn’t send emails. Instead, shouldn’t they try to reach 100% of their base by deciding, in real time, which channel the individual recipient is most likely to engage with – be it email, SMS, browser pop-up, or otherwise – instead of making that decision for them?
It’s Not You, It’s Me
The “if only they stopped ignoring us” thought process also ignores a more central tenet of marketing (and of business at large): The customer is always right. If 40% of consumers say most promotions “don’t deliver anything of interest,” they’re right – and it’s up to marketers to revisit their messaging strategies and optimize them more effectively.
Personalization can be a huge boon to marketing performance, but if executed poorly – and without a mind for the effectiveness of the channel – its value is nil. Acquiring data to improve personalization is also a cyclical process: the more consumers engage, the more intelligence you can cultivate and the more customized offers you can send.
If your customers are ignoring your offers, it’s because they’re not personalized properly – and it’s time to take action. A better automation solution can help bridge the divide between your offers and what your customers want – and make the marketing sector’s favorite buzzwords work more strongly in your favor.Filed Under: Tags: brand engagment, digital marketing, digital messaging, personalization With: digital marketing, Engagement, Marketing Techniques, Mobile Marketing, Otherlevels, Personalization, Retail
2015 marked the first year that mobile traffic exceeded desktop internet use (at least in the U.S.), and 2016 is poised for even greater smartphone and tablet engagement among consumers.
Given larger technology trends and developments, consumers’ growing use of mobile devices is not all that surprising, but it is game-changing – especially when it comes to motivating consumers to action.
Take advertising, for example. As the global media environment shifted from its print origins to its online present, the industry became entrenched in the idea that they were trading print dollars for digital dimes and, ultimately, mobile pennies. Yet that’s no longer the case: As digital advertising observers noted earlier this year, Facebook’s shift from primarily-desktop to primarily-mobile has led to higher engagement and average revenue per user – meaning that in 2016, mobile users are far more valuable to advertisers than “pennies” are.
As stakeholders in the advertising and marketing sectors reorient their strategies to the new mobile-first reality, it’s crucial for them to keep an eye on the most impactful trends in the mobile space… or else they risk dropping their dollars (and dimes) on the wrong efforts. We see the following three mobile developments driving strong consumer activity in the months to come.
Video Goes Vertical
For as long as there’s been video, it’s been as horizontal as the landscape-oriented screens it’s been played on. But once again, mobile is changing the norms of media – this time by shifting its direction.
Many took umbrage when Snapchat, upon expanding its advertising arm in 2015, asked brands to film their ads vertically. But the results speak for themselves: Snapchat has said its users have a 9 times higher engagement rate with vertical rather than horizontal video. Other apps that have embraced vertical video and images include Periscope, Meerkat, and Instagram (which abandoned its square-media-only approach last year to better accommodate larger, vertically-oriented device screens).
The rise of vertical media is partly a concession to mobile device users; it represents brands and tech innovators accepting and adapting to their users’ preferences, rather than trying change them. That’s a wise marketing choice that consumer-facing companies should embrace in other areas, as well.
Smarter Automation Surges
One of those “other areas,” in fact, is digital messaging – an area of marketing where many companies are set in their ways. When it comes to email marketing and other automation-driven communication efforts, many businesses lean on their existing technologies and repeat the same efforts over and over again without ever earning meaningful results.
Or worse, many companies rely on single-channel (i.e., email-only) automation solutions with limited functionality, and invest significant time in manual efforts – A/B testing, segmenting user lists, resending – to drive stronger open rates and engagement… all while failing to consider that their user base may have no interest in engaging via email in the first place.
Smarter automation systems are beginning to change that. OtherLevels’ Intelligent Messaging, for example, can analyze historical user and campaign data to determine, in real time, the best time, day, device, and channel (email, app notification, SMS, or otherwise) for every message, to every customer – enabling marketers to reach 100 per cent of their audience without any manual decision-making.
Buy Buttons Get Pushy
And reaching customers ‘where they live’ – i.e., via their preferred medium or digital channel – is key to driving stronger conversions. When hit with the right message at the right time on the right channel, any consumer is available to buy… most especially the mobile consumer.
But moving mobile users from ‘available to buy’ over to ‘making the purchase’ takes more than just a message. It takes a compelling call to action, and a seamless shopping experience, to push them to convert. Retailers are increasingly adapting to that reality, as well, by incorporating ‘buy buttons’ into their apps and integrating them into their social channels.
By deploying buy buttons, retailers are enabling consumers to make more seamless purchases without ever navigating away from the screens where the items they’re buying are located. Backed by simple payment forms that reduce the purchase process to one or two steps, buy buttons reduce or eliminate the friction of making a mobile purchase.
The more buy buttons are utilised, the more mobile buying activity we’ll see across the e-commerce space – and the more valuable mobile users will become in the year ahead.
Filed Under: Tags: buy buttons, Engagement, marketing automation, mobile marketing trends, video content With: digital marketing, Engagement, Marketing Techniques, Mobile Marketing
Like all business-focused technologies, marketing automation systems are supposed to make people’s jobs easier and their efforts more effective. Unfortunately though – like all business-focused technologies – they can sometimes do the exact opposite.
Email marketing solutions and other communication platforms are a case example. Most sell themselves on the idea that they make it simple for marketers to manage their subscribers (through custom list-organizing features) and to reach them (with “set it and forget it” scheduling tools). They also typically highlight how valuable it is that their reporting and analytics capabilities enable users to track and monitor open rates, as well as other campaign performance metrics.
But here’s the thing: Achieving increased marketing effectiveness through the use of those supposedly high-value tools, features, and capabilities requires a wealth of manual effort and decision-making. In fact, the long-accepted best practices of marketing communications – segmenting users by demographics; A/B testing outcomes; measuring, tweaking, resending – all absorb marketers’ most valuable asset: time.
Which ultimately brings into question the entire value proposition of a marketing automation platform: If even the most basic best practice of “segment and send” requires manual selection, what’s so automated about that? If marketers have to review reports and modify timing to boost open rates and performance, how much easier does a given platform make the marketer’s job?
The issue of effectiveness gets exacerbated even further when you move beyond the exclusive use of email communications to the ‘multichannel challenge.’ Even many comprehensive multichannel marketing systems offer only single-orientation campaign options; that is, they require the marketer to preselect the channel or message type (email, push notification, interstitial, or otherwise) prior to deploying a campaign.
Therein lies another manual decision – one with very weighty consequences regarding the campaign’s potential for effectiveness. No channel is inherently “best” for reaching a broad audience; the best channel is always the one that the recipient of the message is most likely to engage with. Yet short of spending hours of time reviewing reports and analytics across an entire user base, there’s no way for a marketer to deploy a single-orientation campaign and reach every recipient.
To truly bolster campaign effectiveness (without investing hours of manual effort) marketers must utilize a truly automated, data-powered solution. OtherLevels’ Intelligent Messaging system is tackling this challenge, and using big data to maximize campaign effectiveness while reducing manual effort. It utilizes historical user and campaign data to determine, in real time, the best time, day, device, and channel for every message, to every customer.
In fact, OtherLevels is the only platform that can manage cross-channel campaigns and deliver messages across a wide variety of messaging types – enabling marketers to reach 100% of their audience. That equates to true automation: marketing without the guesswork and limitations of the channel-specific “segment and send” approach.
And thankfully, that can actually make marketers’ jobs easier… and their efforts more effective.Filed Under: Tags: Intelligent Messaging, mobile automation, mobile segmentation, segmentation With: digital marketing, Engagement, Marketing Techniques, Personalization
The online wagering industry is at an intriguing place in its evolution. Just as consumers’ interest in fantasy sports betting and other forms of “iGaming” is rising, so has regulatory interest in the sector (in the U.S. especially, but in other markets as well).
Clearly the industry is “hot” – with the market opportunity in online wagering just as hot as the scrutiny on companies in the space. And just as some stakeholders are pulling out, many potential new entrants are gauging the temperature and deciding whether to dive in.
Recent news stories show that many big-name companies are interested in seizing a share of the growing iGaming market.
The Australian reported in December that two of Australia’s largest media companies –Seven and News Corp. – held early-stage talks with TopBetta, an ASX-traded company that operates fantasy sports and wagering platforms. Exploring options in iGaming is a forward-looking move for both businesses: Despite being extremely active gamblers (with an estimated 80 percent of their adult population engaging in gambling activity), Australian consumers have yet to wholly embrace fantasy wagering.
The Australian noted the sector’s popularity in the U.S. – and growing speculation that the two best-known American fantasy betting outfits, DraftKings and FanDuel, will enter the Australian market in 2016 – may be behind Seven and News Corp.’s interest in potentially launching iGaming products this year.
“Fantasy wagering is considered an avenue for traditional media companies to diversify their revenue streams, which have been disrupted by internet-based media, and take advantage of their audiences,” wrote The Australian’s Jake Mitchell.
And despite growing scrutiny in the space from U.S. regulatory bodies, the four biggest entities in American pro sports are also moving into the sports wagering industry: According to a January report from ESPN, the NFL, the NBA, the NHL and Major League Baseball have all recently cut deals with companies involved in sports betting.
“To varying degrees, the leagues are partnering — openly and in secret — with odds makers, betting prognosticators, and data providers that make sports wagering possible in the digital age,” wrote ESPN’s reporters. “The partnerships, unique to each league, give them a foothold in an industry estimated to generate as much as five times the combined $25 billion in revenue of the four major sports.”
Across both the Australian and U.S. markets, these developments are positive for iGaming on the whole: Greater involvement from ‘legacy’ media and sports-entertainment companies will increasingly legitimize the space in the eyes of both regulators and consumers. That could make the iGaming market even hotter in the coming year.Filed Under: Tags: igaming, media companies, Mobile Marketing, wagering With: digital marketing, Games, In the News, London, Marketing Techniques, Mobile Marketing
We heard the news that Parse will be shutting their service down on January 28, 2017.
For all current customers of Parse this is bound to be a stressful time. However, changing your provider doesn’t have to be difficult, and shouldn’t take time and resource that you don’t have.
Switching to OtherLevels is completely pain-free using our Parse wrapper SDK, which slots right in where your current Parse SDK sits and seamlessly switches you over to OtherLevels’ platform instead.
This means that there is no redevelopment or reintegration required. Just switch to the OtherLevels’ SDK and you’re ready to go.
We will even help you to migrate your data over to the OtherLevels platform meaning there will be absolutely zero downtime.
OtherLevels is the logical next step for those of you who are looking to get more return from your digital marketing. Our enterprise-level platform allows you to intelligently segment users and directly target 100% of your digital users through one of our messaging types:
For more information on OtherLevels, the products we offer and getting on board contact us here.Filed Under: Tags: Digi, digital marketing, making the switch, Parse SDK, Parse shutting down January 2016 With: digital marketing, In the News, Marketing Techniques, Mobile Marketing, Otherlevels, Uncategorized