Omnichannel is the future


Technological advances are forcing advertisers and brand owners to adopt omnichannel marketing approaches in order to engage with consumers across multiple screens, a new survey has argued.

Taking Cues From the Customer: ‘Omnichannel’ and the Drive For Audience Engagement, a white paper from the Interactive Advertising Bureau and Winterberry Group based on a survey of more than 120 senior executives from marketers, agencies, publishers, technology developers and solution providers, examined the origins and likely evolution of omnichannel customer engagement strategies.

It found that the great majority (91.7%) of respondents agreed that such strategies held great value, and most (82.4%) intended to invest in them in the near future.

“There is no question that the advertising ecosystem sees omnichannel strategies as being of incredible value in reaching and retaining customers,” said Patrick Dolan, Executive Vice President and COO, IAB, as he claimed the report highlighted omnichannel as “the wave of the future”.

Respondents thought that the major benefits of an omnichannel approach would be in brand identity and recognition.

But they also expected that their attempts to move in this direction would be hampered by gaps in supporting technologies and internal business processes.

Omnichannel “holds terrific promise,” said Jonathan C. Margulies, managing director, Winterberry Group, but he warned that practitioners would need to transform their traditional methods and competencies.

“If the industry can coalesce with an organisation such as the IAB to develop infrastructure priorities and set best practices for working with brands, omnichannel will play a significant – and financially beneficial – role for clients, agencies and publishers alike,” he declared.

The report pointed to several areas that marketing and publishing stakeholders should address in order to fully tap into omnichannel’s rewards, including the development of a senior role for omnichannel strategists, in order to ensure accountability and coordination of the customer decision making process, product development, pricing and other critical functions.

Data sourced from IAB; additional content by Warc. June 2013
Read more at http://www.warc.com/LatestNews/News/EmailNews.news?ID=31515&Origin=WARCNewsEmail#T6Ml5yYeKE3dQmHC.99

Advertisements

About Framework Marketing Group

Framework Marketing Group has access to and is able to provide a range of co-ordinated creative thinkers…as and when you need them. It’s a marketing communications company with a toolbox of resources able to be used on an “on-demand” basis. The focus is on communication tools that evaluate brand strategies and interpret consumer behaviour to ensure a consistent and practical brand communications programme. Specifically: 1. Build strategic marketing plans: Understanding market data so strategic marketing plans have practical outcomes and communications to target markets are effective. 2. Communication audits From analysis of all messages – understand how customers really think and then recommend improvements to messages and media channel selection 3. Brand evaluations Establish how robust the brand equity is with each target market so communications to them is relevant 4. Integrate all communication channels Recommend an effective mix of communication channels to achieve economies of scale timing and content compatibility 5. Interpret market research Understand and fix gaps in market knowledge for consumers, customers and staff 6. Sales strategies Develop sales strategies from a foundation of core marketing platforms so all communications to market are complementary to each other
This entry was posted in Communications trends. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s