By: John Loury & Anjali Thomson
If you’re sick, you call the doctor. If your shower is leaking, you call the plumber. But what if your business isn’t taking off like you hoped, sales are sluggish, or you see opportunity that you don’t quite know how to leverage? Who do you call then?
The answer’s easy: The Marketing Strategist
What exactly is a marketing strategist?
At its essence, the job of a marketing strategist is to analyze qualitative and quantitative information to determine the best ...
Efficiency and Moderation Are Key; Don’t Sell Out to Big Data
In the new era of big data, it seems that almost anything can be put in quantifiable terms. Even a brand, an idea that has been considered the epitome of the “feel” and “quality” of a company, can be augmented with the help of data analysis. Finding trends in target market demographics, buying habits, and related products can boost short-term revenue while – if data analysis is utilized correctly – maintaining ...
Technology is constantly evolving, so adopting new marketing strategy to improve customer engagement and increase response rates must be a focus. We live in a world where the average consumer has limitless expectations and the need for immediate gratification. A world where each individual believes that marketing should be tailored to their wants and needs. As a marketer who is constantly trying to stay on the leading edge of technology, it is almost impossible to predict exactly what a consumer ...
Marketing Performance Management
The marketing industry gets a lot of attention for its potential contributions toward revenue growth and company prosperity, but often the attention stops short of marketing performance itself. The planning, budgeting, and campaign execution phases zap up all the energy before assessment and analysis of the results of marketing efforts even begins. What you are left with, then, is a less than optimal approach in which the outcomes of yesterday’s marketing efforts do very little to inform the marketing ...
Multichannel Marketing and Customer Engagement
Multichannel marketing is defined by “the practice of interacting with customers using a combination of indirect and direct communication channels – and enabling customers to take action in response – preferably to buy your product or service – using the channel of their choice.”
To be more relevant and effective, campaigns must be better aligned and integrated across all channels. With the increase of available channels today, our customers have greater access to information and more choices when deciding how ...
Coffee Is the Most Significant Food Import into the U.S.
Nearly two-thirds of the US population drinks coffee. According to research from Gallup, about a quarter of coffee drinkers even identify as addicted. So where is our much needed coffee coming from? Could anything stand in the way of our fix?
Coffee is the most significant food import of the United States. Although we export some of the refined product too, the ITC claims the US stake in global gross imports amounted to ...
We did! Below are color visualizations (we use the term “color pies” in our office) of 12 masterpieces across history. It seems there is a winning combination with earth tones followed by gentle blues. Of course there has to be one outlier, thanks to Mr. Andy Warhol.
In Netflix’s data, the “hook” episode is the one that, after viewing, kept at least 70% of the audience on board for the remainder of the season. The data set encompasses viewing habits on the Netflix platform in 16 different markets (including US, UK and Australia). The number of episodes it took to hook a viewer is not connected to a shows audience size or popularity.
Having data doesn’t automatically lead to greater marketing success – but if used the right way the potential is certainly there. Think of data as your secret ingredient, a vital component that allows you to stand out in an otherwise one-dimensional crowd where the thought ‘if it ain’t broke don’t fix it’ still holds true in many ways. It’s not the data, on its own, that’s so important. It’s what you do with the data, the decisions you make based on ...
Throughout time we have consistently attempted to improve the way we communicate. Some of the first forms of communication developed before 3500 BC were through imagery—paintings on walls describing what emotions were being experienced and physical events occurring at that time. We have evolved since then—Egyptian hieroglyphics, the development of paper which led to the ability to send messages to people by horse, the telegraph, Morse code, telephone, radio, television, computers, and finally, the Internet.
So the great new marketing movement regarding ...