marketing communications inside out

Upload: seogayathri

Post on 30-May-2018

212 views

Category:

Documents


0 download

TRANSCRIPT

  • 8/9/2019 Marketing Communications Inside Out

    1/16

    Digital has changed all the rules of marketing.

    ARE YOU READY TO PLAY?

    interakta full service communications company

    Sponsored by

    Communications inside outTM

  • 8/9/2019 Marketing Communications Inside Out

    2/16

    Does your companys behaviour match

    your brand promise and image?

    COMMUNICATIONS INSIDE OUTTM

    Its no longer enough to simply assert who you

    are. Today, you must live it inside and out.Customers expect the brand promise you make today to bethe promise you keep tomorrow. And we, at Interakt, can helpyou do just that by making sure your brand message worksharder and better than ever - from inside out.

    Interakt with us and rediscover how communications reallyworks when we make it work for you.

    Contact us at [email protected].

  • 8/9/2019 Marketing Communications Inside Out

    3/16

    Its a mantra we hear over

    and over again. Digital is forever

    changing the world of marketing.

    Brands are being debated and

    engaged with online like never be-

    fore. New technologies are bring-

    ing more challenges and oppor-

    tunities to the industry at a scary

    speed.

    Despite this being widely

    noted and accepted, few compa-

    nies and agencies are success-

    fully adapting to the sweeping

    change.

    Building a brand these days

    may be tougher, but it is denitely

    an interesting and exciting ride.

    Digitals ascension means that

    brands are now more in touch

    with their consumers thoughts

    and feelings feedback is instant,criticism can be dehabilitating but

    ultimately helpful, and success

    can be greater. Today the power of

    word of mouth is stronger than any

    other time in history, and digital

    has helped word of mouth reach

    the four corners of the globe at

    lightening speeds.

    Just as it is important to get

    your external communications

    right, and your use of new media

    channels, its crucial to have your

    internal message on track. The

    private and public faces of com-

    panies must be in synch, other-

    wise real problems can emerge.

    In this Marketing 101 we

    hear from Interakt, a new breed

    of marketing agency which is

    nding real success in the evolv-

    ing landscape. Interakt shares

    its expertise on the changing

    world of marketing communica-

    tions, using real case studies

    from different brands and differ-

    ent markets. The company, which

    was born and bred in Singapore,

    has quickly expanded across the

    world and has a philosophy that

    marketing messages should becarried not only through the mar-

    keting department but through-

    out the entire company.

    Living and breathing the

    brand promise these days is a

    must. In this special supplement

    Interakt outlines how that can be

    done, why it is an imperative and

    why measurement is vital.

    John Davidson, Editor

    [email protected]

    Copyright & Reprints: All material printed in Marketing 101 is protected under the copyright act. All rights reserved. No material may be reproduced in part

    or in whole without the prior written consent of the publisher and copyright holder. Permission may be requested through the Hong Kong ofce. Lighthouse

    Independent Media Ltd Room 1502, 8 Des Vouex Rd West, Hong Kong Tel: +852 2861 1882 Fax: +852 2861 1336

    Commun ica t ions ins ide out 1101

    Letter rom the Editor

  • 8/9/2019 Marketing Communications Inside Out

    4/16

    Much has been written

    and said about building endur-

    ing brands. Some of it has been

    read, debated, and practiced.

    Some remains conceptual the-

    ory. What I have to say is not

    hypothesis. Its simply the living

    truth.

    Digital technology has made

    branding a two-way street. Justas we can see our customers

    with more clarity, they can see

    brands with equal or even great-

    er clarity.

    Traditionally, external brand

    communications has consumed

    the lions share of resources.

    Little or perhaps none is left for

    internal brand communications.

    In the digital age, balance must

    be achieved.

    If you, your employees,

    partners, and allies do not un-

    derstand your brand promise,

    behave according to it, and de-

    liver on it consistent with con-

    sumers expectations, the world

    can know about it in an instant

    as the word slips and slides from

    one digital device to another,

    picking up speed and volume

    along the way.

    This dynamic has created a

    new imperative: a brand organi-

    zation must tolerate no gaps in

    how its products, its customer

    service and sales representa-

    tives, its store personnel, even

    its advertising promises line upwith customer experiences.

    We call this Communica-

    tions inside out

    We founded Interakt to help

    brand organizations realize the

    full potential of communicating

    inside out. We are the rst global

    digital network focused on doing

    this consistently and always by:

    Redicka Subrammanian

    Chairperson & CEO Internally enabling the org-

    anization and its employees

    to recognize and respond to

    customers expectations.

    Externally positioning the

    products, service, or cam-

    paign only in ways the brand

    can actually deliver.

    2 Commun ica t ions ins ide out101

    Note rom sponsor

  • 8/9/2019 Marketing Communications Inside Out

    5/16

    Advertising that shouts butnever listens no longer playsin the digital marketplace.Its not just who you sayyou are. Its who you prove

    you are that counts.

    Todays audience must be engaged in

    constructive dialog. That dialog will happen with

    or without you, so you must listen beore you

    speak, and then only in relevant, meaningul

    ways.

    Its no longer enough to simply tell your brands

    story and expect the audience to believe and

    embrace it. The audience is now too close to

    the source, too knowledgeable, too street-smart

    to simply accept a brand promise made only

    in words. More than a message, they seek an

    encompassing brand experience.

    When the brand experience is not what the

    company delivers or the promise is broken,

    trouble ollows. The customer switches brands,

    sales suer, prots diminish, jobs are lost, stock

    prices decline, and the top management iseventually replaced.

    How did the customer get so much o power

    and control? Digital gave it to them and in doing

    so has redened and magnied the scale and

    power o brand building.

    About 70% of customersbuying decisions arebased on positive humaninteractions with sales

    staff. The bottom lineis that people buy frompeople, not companies.

    - Lee J. Colan

    Commun ica t ions ins ide out 3101

    The time or selling by telling has passed

  • 8/9/2019 Marketing Communications Inside Out

    6/16

    This is the age o dialog a dialog enabledby a stunning convergence o traditional and digital

    medianew channels, new players, and new

    technology.

    The dialog can make or break you and can become

    as pervasive as viral communication can get. This

    presents both opportunities and risks, which you

    must careully monitor. Thanks to digital media,

    everyone is empowered.

    Your customers and prospects have access to all the

    inormation they care to gatherinormation about

    your company, your products, your employees, your

    social responsibility. They can and do make inormed

    choices based on that inormation.

    You as a brand organization must know your

    audienceswhoever and wherever they are

    intimately, to ensure you know what touches their

    emotions. To know how to trigger the right desire. To

    satisy their needs. To drive their behavior.

    Because transparency is no longer an option, you

    must live your brand promise inside out with:

    External communications that clearly articulate the

    brand promise, engage the audiences, inspire them

    to action, and sustain long-term relationships.

    Internal communications that connect employees with

    the brand, ensure they understand its ull meaning,

    and help them protect and enhance its value.

    4 Commun icat ions ins ide out101

    Digital has changed all the rules

  • 8/9/2019 Marketing Communications Inside Out

    7/16

    ORThe industries and situations may dier, but the

    eelings these experiences generate are universal.

    The banks advertisement and website oer a

    corporate credit card, but the customer representative

    fatly tells you, Sorry we dont have corporate creditcards. Then ater some checking sheepishly admits,

    Youre right. We do. Would you like to apply? Now

    honestly, would you?

    Or what about calling to request a reund or a

    cancelled airline fight and speaking to ve customer

    representatives, each o whom says thats not their job

    and passes you along to another. Makes you wonder

    i thats the way the airline handles saety checks,

    doesnt it?

    When words and deeds dont match, the people

    aectedwhether customers, prospects, or

    employeesdont just go away and sulk. In the digital

    world they not only have an easily accessible platorm

    or expressing discontent and anger, but their voices

    can also be heard loud and clear around the world.

    Some companies and people just get it right rom the

    start.

    Like when you walk into a store, that promises to

    create a better everyday lie, wanting to return a

    damaged item you bought two weeks ago, and it

    gets replaced immediatelywith a smile. Or you

    encounter a revenue tax employee who breaks the

    bureaucratic stereotype and goes out o her way to

    help you solve a tax problem or avoid a penalty and

    really provide the integrity.service.excellence that

    the department guarantees. These are true brand

    experiences rom the inside out.

    Digital communications on its own certainly cant add

    any more truth to a brand. It is what is it. But when the

    brand promise is authentic inside out, the power o

    digital is unsurpassed in enabling the truth to shine.

    Conversely, digital brings into harsh light the reality

    o a brand that ails to deliver on its promise.

    BREAK YOU.

    68% of customers defectbecause of the attitude orindifference of a companyemployee. / Journal of Marketing

    MAKE YOU.

    Commun ica t ions ins ide out 5101

    The rules can...

  • 8/9/2019 Marketing Communications Inside Out

    8/16

    can stand up to scrutiny

    under any light and hold

    true under any circum-

    stance. Why? Because

    they begin from within

    every employee and

    channel partner working

    in alignment, delivering

    value, and delighting the

    customer. Thats what

    builds lasting relation-

    ships and sustainable

    brands.

    Thestrongest brands

    ARTICULATE //Clearly estab-

    lish your brand truth so it can be

    communicated consistently at

    every appropriate touchpoint, at

    every level o your enterprise.

    LEAD // Persuade audiences

    to embrace your brand through

    strategic communication and

    dialog

    Dene the core brand

    promise and dierentiators

    Stress personal responsibility

    or protecting and enhancing

    brand value

    Understand the customers

    you serve and the best

    channels to reach them

    Give your people reason to be

    passionate about your brand

    Map a specic journey rom

    understanding the brand to

    advocating or it

    Give them the tools and

    inormation they need

    Position and dierentiate

    your brand through clearly

    articulated messages

    Explore all the touchpoints

    that best suit your brands

    value propositions

    Maintain message consis-

    tency across all communica-

    tions and channels

    Engage customers in a con-

    tinuous two-way dialog

    Actively listen to their

    changing needs and wants

    INTERNAL // INTERNAL //

    EXTERNAL // EXTERNAL //

    6 Commun ica t ions ins ide out101

    A.L.I.G.N.

    AARTICULATE

    01

    LLEAD

    02

  • 8/9/2019 Marketing Communications Inside Out

    9/16

    INSPIRE // Create engaging

    experiences to build the oun-

    dation or a lasting relationship.

    Give them reason to be passion-

    ate about your brand

    GROW // Deliver consistently

    rewarding experiences at every

    touchpoint to achieve brand

    advocacy

    NURTURE // Prove that you

    value loyalty and long-term

    relationships

    Motivate and inspire them to

    deliver the brand promise

    Devote all the resources nec-

    essary to create rewarding

    experiences or all

    Emphasize the rewards o

    building customer relation-

    ships

    Enable smooth, continuous

    communication across all

    touchpoints

    Acknowledge and address

    issues and problems directly

    Reinorce the importance o

    customer service to sustain

    customer loyalty

    Identiy and ocus on the

    most critical actors in cus-

    tomer satisaction, loyalty,

    and retention

    Continuously measure loy-

    alty and adapt to changes in

    the evolving relationship

    Guide and motivate cus-

    tomers in their journey rom

    non-awareness to brand ad-

    vocacy

    Deliver distinctive experienc-

    es at each stage

    Continuously tailor commu-

    nication to t the individual

    Arm the value o the rela-

    tionship and oer meaning-

    ul rewards or loyalty

    Go the extra mile to address

    their problems and issues

    Motivate customers through

    incentives and rewards to

    become brand ambassa-

    dors

    Empower them with tools

    and programs to carry your

    messages to others

    INTERNAL // INTERNAL // INTERNAL //

    EXTERNAL // EXTERNAL // EXTERNAL //

    Commun ica t ions ins ide out 7101

    I G NINSPIRE GROW NURTURE

    03 04 05

  • 8/9/2019 Marketing Communications Inside Out

    10/16

    Location. Location. Location.

    Internal Communications // A series ointernal communications were executed,

    titled New York! New York! that eatured

    a continuing storylinea take-o on a

    Broadway musical to uniy their understanding

    o the citys brand and to solidiy their sense

    o ownership in delivering a consistent

    experience across the various customer

    digital touch points. Irresistible entertainment

    value and high-level creativity delivered thekey internal messages in musical acts over

    a our-week run.

    External Communications // A world-classaward winning website. Thanks to easy

    navigation, an interactive and dynamic fash-

    based map advanced search and clear

    content, users can now take care o business

    on the site in a New York minute.

    Businesses can also interact and transact

    with the government agency on projectbids and compliance ulllment through the

    website, powered by a Microsot technology

    collaborative platorm.

    Location. Location. Location. Thats what New York City Economic Development Corporation- NYCEDC is

    all about. The city agency works nonstop to sustain the economic vibrancy o New York by increasing

    investments in its many industry sectors and building a broader tax and employment base.

    Traditionally, NYCEDC had promoted their services only through newspaper advertising. Recognizing

    the power o digital, they turned to Interakt to develop a strong inside out communication program that

    made access to compelling business planning inormation easy or prospects and ensured that all internalstakeholders had a clear understanding o the brand promise and their role in ullling it.

    8 Commun ica t ions ins ide out101

    New York City EconomicDevelopment CorporationCASE STUDY 1

  • 8/9/2019 Marketing Communications Inside Out

    11/16

    Internal Communications // Multi-channelinternal communicationsemail, microsites,

    ofine workshops and sales kitsensured

    that channel partners understood the brand

    promise and campaign messaging. It also

    equipped them with inormation and tools

    to respond appropriately to the high level o

    inquiries and leads the external campaign

    would generate. All communications

    reinorced the overall theme o the secreto powerul customer relations.

    External Communications // The externalcommunications campaign was a prime

    example o living the brand promise by

    leveraging target-specic inormation about

    prospects marketing, sales, customer

    service, technology, and the C-suiteto

    address their unique customer relations pain

    points. To deliver on the concept, a mystical,

    digitally empowered CRM guru magically

    appeared at key points in the campaign,luring them into sequential interactions with

    the promise o revealing the secret to strong

    customer relationships.

    Master the power o customer relationships.Microsot DynamicsTM designed its versatile new CRM solution version 4.0 to meet the needs o key individuals

    who play a signicant role in building and sustaining powerul customer relations within mid- to large-size

    organizations.

    For the product launch, Interakt developed a campaign program which was a heady mix o interactivity

    and engagement under the umbrella o Your Secret Revealed. This magical internal and external

    communications campaign delivered the message that the real secret to strong customer relationships isaccess to the right inormation at precisely the right time.

    Commun ica t ions ins ide out 9101

    Microsot DynamicsTMCASE STUDY 2

  • 8/9/2019 Marketing Communications Inside Out

    12/16

    Smart technology or customer intelligenceMotorolas strategy was to engage its highly valued youth market in constant dialog and eventually convert

    them into brand ambassadors. They also knew this involved a relationship continuum, not just a single sale.

    Recognizing that traditional channels were denitely not right or relationship building with this audience,

    Motorola decided to delve deeper into digital as the communication channel o choice. Beore charging

    ahead, however, the company wanted to make sure that all its marketing managers across its high growth

    market regionrom New Zealand to Turkeyunderstood how to exploit the capabilities o the medium.

    Internal Communications // To intro-duce and educate the marketing managers

    on the capabilities o digital, Interakt created

    a communication program called Go Fish-

    ing using the ocean as a metaphor or the

    marketplace. Dierent types o sh were

    designated as the target audience groups

    and marketing managers were given a tackle

    box with tools and hooks to land their catchor the day.

    External Communications // Using aseries o continuous digital communication

    initiatives to connect, hook and engage its

    audience, Motorola was able to build a strong

    global consumer database refecting the

    needs, desires and purchasing patterns o its

    consumers. As a specic example, Motorola

    identied customers who were likely to invest

    in iconic phones and targeted them with high-ly personalized communications each time a

    new phone model was launched.

    10 Commun ica t ions ins ide out101

    MotorolaCASE STUDY 3

  • 8/9/2019 Marketing Communications Inside Out

    13/16

    Metrics.Everyone talks about their importance.

    Yet quantiying and measuring eectiveness, impact, and return on investment are among the most elusive

    aspects o brand communication.

    Digital may very well change all that too with its inherent measurability.

    Its true, organizations have all kinds o ormulae and processes to measure various discreet parameters o their

    communications. Most o these work in silos, providing a view o a certain aspect o the communication.

    However, Interakt has developed what we eel is a truly reliable, accurate way o measuring the ull value o

    the communications continuumthe true return on investment rom the inside out. In the ormula below, this

    is denoted by the n actor. But, we preer to call it the inside out or IO actor.

    Without going into extraordinary detail about the actual components o the calculation, n or the IO actor is thenet total o the increase in revenue and the decrease in marketing cost. This IO actor applied as a multiple to

    the communication ROI, gives the true measure o the eectiveness o Communications inside outTM.

    It may not be as easy as 1+1=2, but taking the time to learn more about it and its application to your brand

    communications is denitely time well spent.

    Revenue from new customers+ Revenue from loyalty

    Cost of external communication

    + Cost of internal communication

    + Support cost X Communication ROIn IO Factor

    Commun ica t ions ins ide out 1 1101

    Measurement

  • 8/9/2019 Marketing Communications Inside Out

    14/16

    New York, USA

    London, UK

    Dubai, UAE Mumbai, India

    Chennai, India

    Singapore

    Headquartered in Singapore with ofcesin New York, London, Dubai and India to supportour operations, we are a team o over 120 peoplecurrently, servicing Fortune 500 companies, top

    tier local corporations, as well as small and mediumenterprises across all vertical markets.

    12 Commun ica t ions ins ide out101

    Interakt Profle

  • 8/9/2019 Marketing Communications Inside Out

    15/16

    From our very beginnings, Interakt has been all about interactive communication - using insight, knowledge,

    creativity, and technology to inspire users to act in a way that will deliver measurable and expected results.

    Interakt is a ull service communications company and our our core practice areasdigital marketing,

    engaged learning, user experience, and technologyleverage the virtually unlimited potential o interactive

    communication in all its orms to achieve your brand, marketing, and business goals.

    Commun ica t ions ins ide out 13101

  • 8/9/2019 Marketing Communications Inside Out

    16/16

    A full service communications company

    For enquiries, kindly contact Ashish Bhalla at

    +65 6238 8995

    [email protected]

    www.interaktco.com