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		<title>Of course the campaign is integrated… 3rd pitfall</title>
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		<dc:creator><![CDATA[Paul]]></dc:creator>
		<pubDate>Sun, 20 May 2012 20:08:43 +0000</pubDate>
				<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Achievements]]></category>
		<category><![CDATA[awareness]]></category>
		<category><![CDATA[branding]]></category>
		<category><![CDATA[experience]]></category>
		<category><![CDATA[integrated campaign]]></category>
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		<guid isPermaLink="false">http://blog.renaud-investments.ro/?p=252</guid>

					<description><![CDATA[<p>Marketing that generates Top Line Revenues implies Marketing initiatives that produce a significant return on the Marketing dollars spent. On the topic of integration, budgets and measuring results I have... </p>
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										<content:encoded><![CDATA[<p>Marketing that generates Top Line Revenues implies Marketing initiatives that produce a significant return on the Marketing dollars spent.</p>
<p>On the topic of integration, budgets and measuring results I have found that the following pitfalls are common when we think that the campaign is integrated. </p>
<p><u>Common integrated campaign pitfalls.</u><br />
Pitfall #1: Media that don’t reinforce each other </p>
<p>Pitfall #2: Create a budget first, metrics second.<br />
Pitfall #3: Awareness vs. sales<br />
Pitfall #4: Delegate and forget</p>
<p>As a continuation of my last post on the topic of campaign integration here’s pitfall number 3 </p>
<p><strong>Pitfall #3: Awareness vs. sales</strong><br />
Marketing agencies that are ineffective i.e. that struggle to turn advertising, public relations, direct mail, and other initiatives into sales probably will never admit to being ineffective, otherwise they are risking their credibility as ‘creatives’. Think about it. Awards are given out based on an agency’s ‘creative’ talent. Other awards – ‘Effies’ are awards that have proven that a particular campaign had a positive effect in revenues.<br />
Rather agencies like to talk in terms of “image or awareness Marketing”. They will insist that although you can’t measure the performance of what they do, <em>you should rest assured that image is improving, the strategy is catering to your target audience, reach is attained, the awareness of the brand is improving</em> because you selected them<br />
Horse feathers! If you hear such baloney from an agency pitching for your business, instruct them to go pitch for your competitor.<br />
It is possible to design Marketing so that the initiatives and tools you create can generate customer revenues.<br />
What you are looking for in a good agency or in a candidate to run your Marketing department-is that they understand the importance of integrating <strong>all</strong> of your Marketing initiatives.<br />
It’s normal for an agency to spend a lot of time on the creative, either to seize the newly found customer insight and to become unique in the way it intends to address that market or audience or its innovative way to communicate the message.  After all, the client’s brief did say ‘we have to be different’.<br />
By the time they have done the creative there is little time for execution or better still integration. So they go based on what they remember-what they did in the past, as a benchmark. In most cases, the benchmark or what they did in the past carries no tangible metric or measure that is, ‘when we used TV+ Social media we saw a sales report from the client that sales increased by 20%.’ </p>
<p>Rather, they use what they remember, and this seems to be a comfortable fit for what they consider as an <em>integrated campaign</em>. As a result the integration part gets 10% attention of the planning time. No wonder since you too were swayed by the really cool creative that you may have completely forgotten to ask the obvious…how is this integrated?<br />
It’s happened to me on many occasions. I too, got caught up in the ‘sizzle’ of the creative and forgot to ask about integration. Don’t get caught like I did!</p>
<p>The post <a href="https://www.paul-renaud.com/of-course-the-campaign-is-integrated%e2%80%a6-3rd-pitfall/">Of course the campaign is integrated… 3rd pitfall</a> appeared first on <a href="https://www.paul-renaud.com"></a>.</p>
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		<title>Of course the campaign is integrated… next pitfall</title>
		<link>https://www.paul-renaud.com/of-course-the-campaign-is-integrated%e2%80%a6-next-pitfall/</link>
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		<dc:creator><![CDATA[Paul]]></dc:creator>
		<pubDate>Sun, 29 Apr 2012 21:42:25 +0000</pubDate>
				<category><![CDATA[Marketing]]></category>
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		<guid isPermaLink="false">http://blog.renaud-investments.ro/?p=246</guid>

					<description><![CDATA[<p>As a continuation of my last post on the topic of campaign integration, I have found that the following pitfalls are common when we think that the campaign is integrated.... </p>
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<p>The post <a href="https://www.paul-renaud.com/of-course-the-campaign-is-integrated%e2%80%a6-next-pitfall/">Of course the campaign is integrated… next pitfall</a> appeared first on <a href="https://www.paul-renaud.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>As a continuation of my last post on the topic of campaign integration, I have found that the following pitfalls are common when we think that the campaign is integrated. </p>
<p><u>Common integrated campaign pitfalls.</u><br />
Pitfall #1: Media that don’t reinforce each other<br />
Pitfall #2: Create a budget first, metrics second.<br />
Pitfall #3: Awareness vs. sales<br />
Pitfall #4: Delegate and forget</p>
<p><strong>Pitfall #1: Media that don’t reinforce each other</strong><br />
TV commercials are not always a success story, i.e. poor creative or a TV ad which was not sales actionable. At times if we are not careful, we can make the same mistake or worse, the TVC does not support other media used (ex. Radio and online). The messages have to be consistent and the choice of media needs to build a 1-2 punch and they must complement each other.<br />
Now we can’t cover every potential combination of one medium plus another but I feel compelled to remind you that when an agency proposes 2, 3 or 4 types of media it begs the obvious question of:<br />
Why combine these?<br />
What proof do we have that the combination of these 4 media will give us maximum impact? </p>
<p>Hearing things such as:<br />
‘In our opinion we felt that these were a good combination’ or<br />
‘This combination always worked well for us in the past’ or<br />
‘We tested this on another client and the results were great’.<br />
These are not justifiable reasons and they are a sure sign that this combination was made in haste or random.</p>
<p>If you are still not convinced, ask the agency or the team making the proposal:<br />
‘The TVC will complement online how?’ or<br />
‘Prove to me that some customers will see the same message in 2-3 different media and therefore creates a call to action?’<br />
‘Explain to me the link between Outdoor and the web banners?’<br />
Here is an example of how various media work together as parts of a sum and feed into each other.<br />
Let’s use a campaign example of a local real estate developer called <em>PrimeProperties.com</em><br />
In addition to print advertising, the agency convinced the company to place banner ads on real estate websites. Additionally, they prompted the company to test TV and radio advertising designed to serve as a lead generator for all segments (residential, commercial) as well as office space prospects, notaries, real-estate agents, bankers, and inspectors.<br />
This broadcast approach served as a “Go-to-the-Web” driver (“Go to PrimeProperties.com now and receive…”) and helped to build a database of leads that could be pursued through telemarketing and mailings.<br />
Instead of sending the prospects a single piece of communication, which is rarely enough to initiate relationships, the agency suggested a multifaceted campaign that called for prospects to receive a personalized introduction letter offering a “Prime customer” gift, a follow-up postcard focused on the property’s key benefits, a direct-response brochure and Go-to-Web card, and a telemarketing call.<br />
Adding any combination of media is easy; getting them to work ‘in synch’ (and therefore generate revenues) is not.<br />
There is still room for taking risks here and testing combinations but there has to be a rationale; assumptions need to be noted and written down as to why you are combining this medium to another at the outset and the corresponding objectives as to why you combined them in such a manner.<br />
By documenting the rationale (memo, assumption or stated objective) you can always go back and validate if the combination of media was successful – this is part of the monitoring function.<br />
If on the other hand the combination was haphazard, not documented and no post  mortem was done, you are simply wasting valuable Marketing funds since you have no way or tool to consider the cause/effect of your media combination.</p>
<p>The post <a href="https://www.paul-renaud.com/of-course-the-campaign-is-integrated%e2%80%a6-next-pitfall/">Of course the campaign is integrated… next pitfall</a> appeared first on <a href="https://www.paul-renaud.com"></a>.</p>
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		<title>Of course the campaign is integrated…</title>
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		<dc:creator><![CDATA[Paul]]></dc:creator>
		<pubDate>Mon, 02 Apr 2012 19:08:45 +0000</pubDate>
				<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Achievements]]></category>
		<category><![CDATA[awareness]]></category>
		<category><![CDATA[branding]]></category>
		<category><![CDATA[budgeting]]></category>
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		<guid isPermaLink="false">http://blog.renaud-investments.ro/?p=231</guid>

					<description><![CDATA[<p>It’s a common question when the Marketing leader gets ready to listen to a campaign organized by the agency. Is the campaign integrated? To which the agency responds: Of course... </p>
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<p>The post <a href="https://www.paul-renaud.com/of-course-the-campaign-is-integrated%e2%80%a6/">Of course the campaign is integrated…</a> appeared first on <a href="https://www.paul-renaud.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>It’s a common question when the Marketing leader gets ready to listen to a campaign organized by the agency. Is the campaign integrated? To which the agency responds: Of course the campaign is integrated…</p>
<p>An integrated campaign as a reminder means that the campaign does not use any one single component of marketing-be it advertising, public relations, sales promotion, or social media but rather a combination of these to make sure that most audiences will be addressed via one media or another.</p>
<p>Putting all your money in <strong>one</strong> medium is likely to falter precisely because it is not supported by a full complement of marketing initiatives that must reinforce one another, producing exponential results such as 1+1=3.</p>
<p>One may ask, “Isn’t advertising in one medium only better than doing nothing at all?” That’s question misses the point. A wiser approach is to ask what can be done to support the investment in advertising so that you achieve the objectives you established at the outset.</p>
<p>What is preferred logically and in an efficient manner is an integrated set of marketing tools and initiatives carefully planned within the framework of a multifaceted marketing campaign.<br />
To do that, you must create a media plan designed to make sure that all of your marketing tactics work together.<br />
Lastly, getting marketing to generate <em>Top Line revenues</em> implies marketing initiatives that produce a significant return on the marketing dollars spent.<br />
In order to give you some direction on ensuring that the campaign is (in fact) integrated, watch out for the following four pitfalls:</p>
<p><span style="text-decoration: underline;">Common integrated campaign pitfalls.</span><br />
<strong>Pitfall #1: Media that don’t reinforce each other<br />
Pitfall #2: Create a budget first, metrics second.<br />
Pitfall #3: Awareness vs. sales<br />
Pitfall #4: Delegate and forget</strong></p>
<p>For the purpose of brevity for today’s post let’s explore the second one:</p>
<p><strong>Pitfall #2: Create a budget first, metrics second.</strong></p>
<p>We’ll spend more time on metrics, analytics and ROI later but a common mistake is to set a budget first, then spend later on a variety of media.</p>
<p>The justification to coming up with a budget first could be:<br />
a)	Slow sales</p>
<p>b)	Competitors are not advertising as much or,</p>
<p>c)	The state of the economy.</p>
<p>In fact even if sales are slow during an economic downturn, they never stop altogether. And if everyone else is cutting back on spending during a recession, this is the worst time to cut back on marketing as is frequently the case. Studies show that businesses that continue marketing through a recession (<em>http://www.renaud-investments.ro/five-steps-on-how-to-survive-in-a-recession-3</em>) are the ones that come out ahead when the economy begins to turn (ex. Orange in Romania).</p>
<p>This could be an opportunity for you to gain market share by being aggressive.<br />
But at the same time coming up with a budget figure out of the blue or out of thin air because sales are down, orders have declined and inventories are mounting is not rational thinking either.</p>
<p>You must consider the following instead:<br />
1)	Who’s the target of the marketing campaign?</p>
<p>2)	Do these initiatives follow the marketing plan?</p>
<p>3)	What goals will this campaign seek to achieve?</p>
<p>4)	How these funds will to help sluggish sales?</p>
<p>5)	The messages used to position your product as <strong>The </strong>customer solution</p>
<p>6)	How the campaign will be measured?</p>
<p>7)	How leads will be captured?</p>
<p>8)	How are you going to monitor the results?</p>
<p>Committing to X million euros to a marketing budget in the blind implies that you will be spending big money without any clear plan for how it will generate additional revenues for the business.<br />
This is certainly not the way to generate Top Line revenues with Marketing!</p>
<p>The post <a href="https://www.paul-renaud.com/of-course-the-campaign-is-integrated%e2%80%a6/">Of course the campaign is integrated…</a> appeared first on <a href="https://www.paul-renaud.com"></a>.</p>
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