I recently attended the Shopper Marketing conference in Sydney which featured speakers, workshops and case studies on how to best drive sales, engage shoppers and subsequently influence their purchasing power while in store.
One consistent theme at the conference was that digital marketing technology is the latest trendy must-have for retailers and manufacturers. From iPhone apps, digital billboards and interactive LED screens, digital was touted as the next best thing.
However, many of the opportunities lacked a strong business case and ROI - primarily because the core foundations of new product development were missing. This means for marketers - beyond the "cool" factor, the ability to get a solid ROI out of the innovation is missing.
It's a good reminder, whether working with loyalty programmes, promotional communications, or iPad apps, to look beyond the trend to ensure that the opportunity;
- meets a need that a customer has yet to realise they have (if not meeting an existing need);
- relates to your product or service and the purpose of your business;
- tells you something about your customer that you can use in your business;
- is difficult for your competitor to replicate.
And don't forget, if your customer service is poor, your product unappealing or the pricing is wrong, the coolest app will not save your sales.
No comments:
Post a Comment