obstacles to delivering on your cross channel marketing

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THE MAIN OBSTACLES TO DELIVERING ON YOUR CROSS-CHANNEL MARKETING ACTIVITIES (AND HOW TO OVERCOME THEM)

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Page 1: Obstacles to delivering on your cross channel marketing

THE MAIN OBSTACLES TO DELIVERING ON YOUR CROSS-CHANNEL MARKETING ACTIVITIES (AND HOW TO OVERCOME THEM)

Page 2: Obstacles to delivering on your cross channel marketing

‘CONSUMERS HAVE BECOME LESS TOLERANT OF BRANDS THAT FAIL TO PROVIDE A CONTEXTUALISED,

PERSONAL EXPERIENCE.’CROSS-CHANNEL MARKETING REPORT 2015, ORACLE

MARKETING CLOUD AND ECONSULTANCY

Page 3: Obstacles to delivering on your cross channel marketing

HENCE CROSS-CHANNEL MARKETING: Not ‘multi-channel’ or ‘pan-media’, but a marketing approach that provides ONE CONNECTED EXPERIENCE...

...WHEREVER the customer touches it.

Page 4: Obstacles to delivering on your cross channel marketing

Oracle Marketing Cloud and eConsultancy asked 425 MARKETING EXECS about their hopes, fears, and dreams for cross-channel marketing.

5%THOUGHT THEY HAD IT ON TRACK.

JUST

Page 5: Obstacles to delivering on your cross channel marketing

LET’S LOOK AT THE TOP SIX OBSTACLES.

Page 6: Obstacles to delivering on your cross channel marketing

OBSTACLE 1: THE CROSS-FUNCTIONAL HURDLE

Page 7: Obstacles to delivering on your cross channel marketing

You’ve got:

A great social media guy

A fantastic web creative team

A brilliant campaign strategist

Page 8: Obstacles to delivering on your cross channel marketing

BUT do you look at INDIVIDUAL SKILLS... or

CUSTOMER OUTCOMES?

If they’re not looking beyond their functional expertise, they’re not doing

cross-channel marketing.

Page 9: Obstacles to delivering on your cross channel marketing

A ‘LACK OF A CLEARLY DEFINED STRATEGY’ (21%) AND ‘LACK OF

RESOURCES’ (20%) WERE THE MAIN REASONS CITED FOR THE FAILURE TO DELIVER WELL-ORCHESTRATED CROSS-CHANNEL INTERACTIONS.

Page 10: Obstacles to delivering on your cross channel marketing

LEAPING THE HURDLE:

Turn to your metrics. Instead of pages clicked or executions produced, start looking at cross-media metrics...

...like what proportion of Tweet clicks segued into a phone call, or what percentage of mobile visits led to a newsletter sign-up.

JOIN UP YOUR SKILL SETS.

Page 11: Obstacles to delivering on your cross channel marketing

OBSTACLE 2: THE CUSTOMER JOURNEY GAP

Page 12: Obstacles to delivering on your cross channel marketing

ONE-FIFTH OF RESPONDENTS (21%) SAID ‘UNDERSTANDING THE

CUSTOMER JOURNEY’ WAS THE MOST IMPORTANT FACTOR FOR

EFFECTIVE CROSS-CHANNEL ORCHESTRATION.

Page 13: Obstacles to delivering on your cross channel marketing

It’s easy to see marketing as a series of one-off events:

In reality, the distance from cold name to repeat customer is a JOURNEY.Everyone on your team needs to understand it.

This campaign That microsite Those open days

Page 14: Obstacles to delivering on your cross channel marketing

LEAPING THE HURDLE:

To get there, look at people’s BROADER UNDERSTANDING OF THEIR AUDIENCE.

Does that email expert know that her 2% response includes another 3% who didn’t click, but phoned instead?

Does your demand gen guy know he’s driving an extra four sales a month for the sales team?

Do your customer service agents know a successful call is reducing churn from 10% to 5%?

SHARE THE SUCCESSES and HELP THEM SEE THE WHOLE JOURNEY.

Page 15: Obstacles to delivering on your cross channel marketing

OBSTACLE 3: THE COMPANY STRUCTURE ASSAULT COURSE

Page 16: Obstacles to delivering on your cross channel marketing

ONLY 5% OF COMPANIES THOUGHT THEY WERE ‘VERY MUCH’ SET UP

FOR CROSS-CHANNEL MARKETING... DOWN FROM 7% IN 2014.

Page 17: Obstacles to delivering on your cross channel marketing

Larger companies operate in silos for a REASON:

BUT YOUR ORG CHART IS NOT A MAP OF CUSTOMER NEEDS.

It makes things easy to manage

It creates clear hierarchies

It supports accounting

infrastructures

Page 18: Obstacles to delivering on your cross channel marketing

LEAPING THE HURDLE:

To turn org-chart-centric into customer-centric, LOOK AT INFORMATION FLOWS BETWEEN TEAMS.

Once teams see insights into their work from other sources... they can be surprisingly fast to make use of them.

BEFORE REORGANISING, TRY ‘RE-INFORMATIONING’ to restructure from within.

Page 19: Obstacles to delivering on your cross channel marketing

OBSTACLE 4: THE CLEAR STRATEGY

WATER-JUMP

Page 20: Obstacles to delivering on your cross channel marketing

BETWEEN 2014 AND 2015, THE NUMBER OF COMPANIES SEEING A

CLEARLY DEFINED STRATEGY AS KEY TO CROSS CHANNEL MARKETING

INCREASED BY AROUND ONE-THIRD, FROM 22% TO 29%.

Page 21: Obstacles to delivering on your cross channel marketing

CROSS-CHANNEL MARKETING NEEDS A PLAN.But do you groan at the thought of YET ANOTHER STRATEGY MEETING?

Page 22: Obstacles to delivering on your cross channel marketing

LEAPING THE HURDLE:

One attack strategy for getting on-plan faster: define the problem first. Can you demonstrate:

How much customer equity you’re leaving on the table by not having a Cross Channel Marketing strategy?

If there is a financial case for joining two teams or changing direction?

If you can put numbers on the value of a change?

If so, THE WHOLE C-SUITE WILL LISTEN and if you can talk their language it could earn you a seat on the board.

Page 23: Obstacles to delivering on your cross channel marketing

OBSTACLE 5: THE LACK-OF-

RESOURCES LOG-JAM

Page 24: Obstacles to delivering on your cross channel marketing

20% OF REPORT RESPONDENTS STATED LACK OF RESOURCES

PREVENTED THEM DOING CROSS CHANNEL MARKETING EFFECTIVELY.

Page 25: Obstacles to delivering on your cross channel marketing

RESOURCES. RESOURCES. RESOURCES.Not all challenges are on the obstacle course. Sometimes they’re all the other people competing with you for what they need.

TIME. PEOPLE. ATTENTION. MONEY.

Page 26: Obstacles to delivering on your cross channel marketing

LEAPING THE HURDLE:

Here’s an innovative solution...

• Instead of trying to win against them, check their alignment.

• Are DIFFERING GOALS forcing departments to pull in OPPOSITE DIRECTIONS?

• CHANGE THE GOALS, BRING THEM TOGETHER.

• Think of cross-channel marketing as a TEAM SPORT!

Page 27: Obstacles to delivering on your cross channel marketing

OBSTACLE 6: THE WHERE’S-THE-

BATON? HANDOVER FAIL

Page 28: Obstacles to delivering on your cross channel marketing

ONE-TENTH OF PEOPLE SAW TECHNOLOGY LIMITATIONS AS

DRAGGING THEM DOWN.

Page 29: Obstacles to delivering on your cross channel marketing

WHAT CAN HELP SCALE THIS FINAL HURDLE?

A surprising percentage of respondents thought that TECHNOLOGY COULDN’T DO ENOUGH FOR THEM.

Page 30: Obstacles to delivering on your cross channel marketing

LEAPING THE HURDLE:

Look at marketing technology challenges from the customer’s viewpoint, not the department’s.

Think about:

What will this investment contribute to customer equity?

How does this software connect gaps on the customer journey?

What parts of the customer experience are we not serving, but should be?

Page 31: Obstacles to delivering on your cross channel marketing

NOT ALL TECHNOLOGY MAY HELP ANY ISOLATED DEPARTMENT...

BUT THERE ARE A THOUSAND WAYS IT CAN HELP THE CUSTOMER.

Page 32: Obstacles to delivering on your cross channel marketing

Visit oracle.com/marketingcloud

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For the inside track on cross-channel marketing, download:

Oracle Marketing Cloud/Econsultancy Cross-Channel Marketing Report 2015 now.

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CROSS-CHANNEL MARKETING REPORT 2015

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