Campaigns are Dead: Continuous is the New Campaign in Outbound Marketing

For many years outbound marketing has been using a familiar playbook, create segments, create offer/content and then combine these into a campaign.  Many marketers have been quite great at this model, offering many different segments and offers/content increasing ROI for companies 10-fold.  But with new technology and additional "big data" starting to come into the stream, the campaign model has become outdated.  

Continuous Outbound Marketing

As we move into the age of digital marketing, technology is ready for outbound marketers to change their approach.  No longer are marketers trapped using set communication schedules and large amounts of segments.  Technology has enabled an opportunity for an outbound marketing change, not just in how customers are targeted, but how and when customers receive communication and how brands analyze the results.

In any brand customers are made up of many individuals, yet marketers tend to communicate to customers on their schedule.  For instance, a weekly email blast to all customers communicating sales items for the week.  Or if the marketers are more savvy, it's weekly to all their active customers and there are a few different offers based on their past behavior.  However, in general marketers are not taking into account the customer relationship as a whole when designing these campaigns.  

Partner Todd Simons Interview at Mobile Gaming Watch

Check out what Todd Simons has to say about where mobile is heading in the Casino Industry.  Below is a snippet of the interview:

MGW:   Given your vast gaming industry experience, what is the biggest contribution mobile has made to the casino industry so far?
Simons: Mobile technology has allowed the industry to change behavior through expedited touch points. Being able to communicate in real time, at the right time, with a customized offer that enhances the experience creates opportunities that were never possible prior to the acceptance of mobile technology. Today, we live in a world of convenience and the consumer is now demanding convenience more than ever.
MGW: How is Hidden Fruit contributing to the emergence of mobile as a dominant force in the casino space?
Simons:  One of our core competencies is in the CRM / Loyalty Marketing space. We have found that finding success with the delivery of any type of service or Loyalty Offer is directly correlated to making sure that the offer or service is driving the behavior. We can provide that insight and develop that strategy with our BI services.

Busy is Not a Strategy

One of my favorite people once taught me the mantra of "Busy is not a Strategy".  So many businesses use the wrong metrics or KPI’s when measuring success.  For brick and mortar companies, their eyeballs tend to deceive them and they use what they see as their main metric (we were so busy).  For other industries it is market share.  How many widgets can we sell vs our competition.  The problem can be using the wrong KPI’s along with having the wrong culture can lead to an unprofitable business.

I have implemented the “Busy is not a Strategy” with resounding success.  We had a casino/hotel in a declining market that had 1,800 rooms.  They were moderately successful considering their location, but they were using the wrong metrics to measure business performance.  Their KPI’s were hotel occupancy and slot revenue per machine.  Now anyone who knows the casino/hotel business is going to ask, what is wrong with those metrics?  They had good casino revenues for the market and an occupancy of 87%, most anyone would love these numbers.  Plus, they were really busy.

When we took over the business strategy of the property we observed something troubling.  To achieve these impressive numbers, they were doing an inordinate  amount of giveaways and had very low hotel room rates.  To drive the wrong metrics, they were servicing a large number of unprofitable guests.  The belief was, if the hotel is full, profits would eventually flow to the bottomline.  There was just one problem, the other profit centers of the business were not designed to drive a significant amount of profit, but were to serve the gaming customer and the customers coming in at very low hotel rates did not gamble, because they were coming for the activities, not the gaming.  

Posted on August 10, 2015 and filed under Marketing.

Building Your Roadmap for Data-Driven Marketing

While I have always taken the stance I could be doing a better job, no matter how high functioning or innovative my team may have been, a lot of these companies are really in this boat in regards to utilizing customer data to create better customer experiences and content.  Many organizations talk about being data-driven, but few truly are.  

This is because it is hard to become a data-driven company.  It is much easier to sit in meetings and discuss gut feelings than it is to study data and understand what is driving the business.  Moreover, creating the environment and culture to be data-driven is a long journey which many cultures don't have the stomach for in this quarter-over-quarter business world we live in.

7 Marketing Trends You Should Not Ignore

Marketing is changing so fast these days.  To stay on top of all the trends one would have to employ a dedicated resource to follow them.  This is a very good list to keep your eye on.

1. Content Marketing
The importance and role of content marketing and how it works across social media, search, multimedia and mobile is becoming a key focus for many brands. Many companies don’t understand the importance of this trend and how it underlies almost all digital marketing. Brands such as Coca Cola have recognised this and changed their strategies to meet the web realities.

Great content is important for differentiating your customer experience.  More brands are starting to understand the key to creating meaningful, long-term loyalty goes beyond the generic content that has been created in the past.  Content comes in the form of social media, video and blogs.  Providing your customers with content which places you top of mind as the trusted source for your product puts your brand in a position of strength.  If the only differentiation being created is in price, those usually aren't the customers you desire.

Email marketing is alive and well, at least for now

I believe the title was a little on the link bait side, because I don't see anything in the article saying anything about emails eminent demise.  If anything, it discusses the rise of email.  Email has become, under the radar by the way, the dominant marketing channel in the digital age.  Why is that?

The convergence of data and technology has made personalization a reachable goal.  The ultimate tool to reach those customers is through email.  The platform lends itself to personalization.  With email, a marketer already knows who the message is for, there is no need for a user to authenticate themselves to understand who they are.  

Another main reason is how rich the message can be.  My up-and-coming channel of dominance, mobile, doesn't have this rich push feature.  It's like receiving a text message with a link.  There is nothing visual drawing the customer into interacting with a push notification.  Now the dominance of the mobile device will eventually win out and this will be the dominant channel, but for now it is not.