Tag:  Market engagement advertisement

d2d Marketing enterprise in pune

B2B Experiential Marketing – When does it work?

What is experiential marketing? On the rise in recent years, d2d Marketing enterprise in pune and experiential marketing is all about customer interaction with your brand. It offers a unique experience with products or services, allowing customers to get a feel for how they would use it in their lives. For years marketers have been trying to get customers to use and trial their products. In this way it’s not a new concept; there have however, certainly been some innovative spins on how it’s done. Let’s look at experiential marketing, how it can work for B2Bs and some of the ways it can help build your brand.

Emotional + Experiential Branding = Experiential Marketing The two elements that underpin experiential marketing are emotional branding and experiential branding.

Emotional branding: is about building the relationship between your brand and customers. Promoting emotional benefits like brand trust, security and credibility as a result of engaging with your brand is crucial. Experiential branding: designs and creates interactions that are sensory in nature, which emotionally influences preferences, shaping brand perception, and influencing satisfaction and loyalty. An excellent experiential marketing campaign is able to fuse both elements seamlessly together. Experiential Marketing for B2Bs In recent years interest in B2B experiential marketing has grown and some of the initial hesitation surrounding it has been replaced with a working understanding, when to do it, and how it stimulates ROI. For B2Bs, experiential marketing is generally less obvious, with the focus often on services (for example) in place of B2C exciting product launches. Oftentimes the B2B budget is also stretched. However we are seeing marketers begin to recognise the potentials that the experience can offer consumers. “The success of brand experience within the B2C market has not gone unnoticed, and B2B marketers are waking up to the potential of brand experience. However, there is a long way to go before they catch up with their B2C counterparts.” – Graham Ede, Ion Group 3 Examples of B2B experiential marketing Location with B2Bs can be one of the major barriers, and while it may not be easy to do experiential marketing in quite the same way as B2C, there’s certainly room to employ some of the same principals. Creating sensory interactions that promote core feelings of trust, and awareness of your product or services is central to this. Fulcrum marketing in public spaces – Linked with experiential, some marketers use a form of Fulcrum marketing. They tend to hold this drive in places where there are high concentrations of business buyers. Branded promotional staff can offer business people the opportunity to enter in a promotion, or sign up to attend an event whilst promoting the benefits of the product.  demonstrations & reward – as part of a targeted marketing strategy, those in the IT space can offer information via webinar or video, which can showcase some aspects of the technology solution. Some marketing and web-based tools such as  offer a free trial period, together with online coaching via Skype. This allows the user to build confidence in using the tool, and to experience all of the benefits of the trial period. At the end of the trial period (7 days), the participant is given a report with feedback on how well they have used the tool. Then they are awarded a certificate. Surprises and games – Surprising customers by showing up where they least expect you, gifting them, or sending them a card is a way to provide an out of the box experience and drive brand awareness. Another option could be to exhibit at a partner’s event as IBM did. Their interactive stand came complete with a candy bar, and plasma screens which posted live tweets from event attendees. Digital technology such as apps and games are also opportunity areas, and while often costly, look set to become more widespread and affordable in future. Experiential marketing reflects the growing importance of emphasising emotions to build successful brands. Digital media offers expanding opportunities to offer such experiences. In the ever-competitive B2B marketplace, it’s no longer enough to rely on traditional modes for lead generation. B2B marketers need to consider the complete kit that is available to them including; social media, mobile, search, paid advertising, print, telemarketing and increasingly placing emotion at the heart of it all with an experiential approach.

d2d Marketing enterprise in pune

How to Implement Cost-Effective Programs to Grow Your Sales

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 WHY SHOULD SMALL BUSINESS OWNERS CARE ABOUT MARKETING?

Across virtually all industries, the companies that market more and better, grow faster. Period. For example, a study of >1000 insurance agencies found much faster growth from those that market more. My study of 85 software companies found those with the broadest marketing programs grow almost 5X faster than others. Those are very different industries, but you see the same results over and over again. The biggest companies market a lot. They didn’t get big then start marketing, they got big because they marketed.

 DO SMALL BUSINESSES TYPICALLY MARKET ENOUGH?

No, the vast majority of small businesses do very little, if any, marketing. They should allocate several percent of their budget toward marketing, at least. Remember: marketing is an investment; it should not be an expense. It should return several times what you spend.

 IF MARKETING IS SO GREAT, WHY DON’T SMALL BUSINESS OWNERS DO MORE OF IT?

 There are reasons why more small business owners don’t do more marketing. First, they often don’t know much about it. They are really experts in their business. And they probably developed good sales skills.  Marketing has become complex. There used to only be about 6/8 ways to communicate w/customers. Now there are DOZENS. Plus, over 5000 marketing software vendors in dozens of categories, all making similar claims. Many marketers are overwhelmed, so it’s no surprise that small business owners are, too!

 ISN’T IT REALLY EXPENSIVE? SMALL BUSINESSES DON’T HAVE A LOT OF MONEY?

 It doesn’t have to be. Marketing starts with understanding the customer. Talk to 10-20 customers — not a sales call, but a listening conversation. That’s free! If you have those conversations I guarantee you you’ll learn a lot, improve offerings and probably even have some of those customers ask you to do more business.  And, it’s amazing the number of free and inexpensive tools available these days, like low cost email tools and free CRMs.

WHAT’S THE BIGGEST MARKETING MISTAKE THAT SMALL BUSINESSES MAKE?

 They equate marketing with advertising and other approaches that are expensive and typically take a long time to have an impact like social media. They also forget about the most profound purpose of #marketing which is to understand the customer and market and develop better products and services.  In the startup world, that’s called creating product-market fit. Don’t do any promotion until you have that!

 YOU HAVE DEVELOPED THIS APPROACH THAT YOU CALL THE BULLSEYE MARKETING FRAMEWORK. HOW IS THAT USEFUL FOR A SMALL BUSINESS?

 This small business marketing approach helps companies recognize marketing assets that they’re not taking full advantage of. These are marketing assets that they already own, like their customer relationships/website, but are not fully exploiting.  They are foundational. Every company should do these first both because they produce the fastest, least expensive results…and because they help set you up for success with those later programs.

  WHAT’S IN THE CENTER OF THE BULLSEYE?

  Talking with customers, having listening conversations, creating better offerings, and then upsell them. Least expensive new revenue. Improve your website so that it helps produce new contacts, leads/sales for you. Make sure that it’s more than a brochure

Use email marketing. Analyst firm Deloitte estimates that email marketing is 40X more powerful than social media! Use remarketing, which shows ads only to people who already have visited your website. It’s very efficient and inexpensive.

 AFTER YOU DO THAT, THEN WHAT?

  Secondly, you expand your universe by selling to people who want to buy *now*.

Think of these 3 characteristics of customers:

  • People (or companies) who fit the right demographic profile for your offerings (age, gender, income, etc.) but, still may not want your particular products.
  • People who have the right attitudes, or “psychographics”, they like your stuff! But they’re not looking to buy this week, month or year
  • People with the right demographics and psychographics who want to buy NOW! That’s who you need to focus on

You can find them through search ads, by people who visit your website repeatedly, and other methods.

  YOU HAVE THINGS LIKE SOCIAL MEDIA MARKETING & INBOUND AND ADVERTISING IN THE OUTER – LAST – RING OF YOUR BULLSEYE. REALLY?

 Absolutely. These are long-term awareness and branding programs. They can take 1-2 years — or more — to have an impact.  VPs of marketing often complain that execs in their firms don’t understand that they need more time to let those work.  Not that they can’t be valuable in the long run. They can! Creating a strong brand means your customers are more loyal, you can charge more and have higher margins.  You can get $1,000 for a smartphone!

You want to get there eventually, but you want to start with those faster, less expensive programs.

CAN A SMALL BUSINESS PERSON REALLY DO THIS ON THEIR OWN? WHAT KIND OF SKILLS OR TEAM DO THEY NEED?

  Great question! If a person doesn’t have marketing experience, then they should get help. Each of the tactics that I’ve mentioned has many techniques that are essential to their success, like combining email with Facebook Custom Audience ads and remarketing

Street Experiential marketing, d2d Marketing enterprise, d2d Marketing enterprise in pune, guerrilla Advertising, Market Promotions promotional, Mall promotional, , campus engagement advertisement, RWA engagement advertisement, Market engagement advertisement

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Marketing Management consultancy in pune

B2B Experiential Marketing – When does it work?

What is experiential marketing? On the rise in recent years, Marketing Management consultancy in pune and experiential marketing is all about customer interaction with your brand. It offers a unique experience with products or services, allowing customers to get a feel for how they would use it in their lives. For years marketers have been trying to get customers to use and trial their products. In this way it’s not a new concept; there have however, certainly been some innovative spins on how it’s done. Let’s look at experiential marketing, how it can work for B2Bs and some of the ways it can help build your brand.

Emotional + Experiential Branding = Experiential Marketing The two elements that underpin experiential marketing are emotional branding and experiential branding.

Emotional branding: is about building the relationship between your brand and customers. Promoting emotional benefits like brand trust, security and credibility as a result of engaging with your brand is crucial. Experiential branding: designs and creates interactions that are sensory in nature, which emotionally influences preferences, shaping brand perception, and influencing satisfaction and loyalty. An excellent experiential marketing campaign is able to fuse both elements seamlessly together. Experiential Marketing for B2Bs In recent years interest in B2B experiential marketing has grown and some of the initial hesitation surrounding it has been replaced with a working understanding, when to do it, and how it stimulates ROI. For B2Bs, experiential marketing is generally less obvious, with the focus often on services (for example) in place of B2C exciting product launches. Oftentimes the B2B budget is also stretched. However we are seeing marketers begin to recognise the potentials that the experience can offer consumers. “The success of brand experience within the B2C market has not gone unnoticed, and B2B marketers are waking up to the potential of brand experience. However, there is a long way to go before they catch up with their B2C counterparts.” – Graham Ede, Ion Group 3 Examples of B2B experiential marketing Location with B2Bs can be one of the major barriers, and while it may not be easy to do experiential marketing in quite the same way as B2C, there’s certainly room to employ some of the same principals. Creating sensory interactions that promote core feelings of trust, and awareness of your product or services is central to this. Fulcrum marketing in public spaces – Linked with experiential, some marketers use a form of Fulcrum marketing. They tend to hold this drive in places where there are high concentrations of business buyers. Branded promotional staff can offer business people the opportunity to enter in a promotion, or sign up to attend an event whilst promoting the benefits of the product.  demonstrations & reward – as part of a targeted marketing strategy, those in the IT space can offer information via webinar or video, which can showcase some aspects of the technology solution. Some marketing and web-based tools such as  offer a free trial period, together with online coaching via Skype. This allows the user to build confidence in using the tool, and to experience all of the benefits of the trial period. At the end of the trial period (7 days), the participant is given a report with feedback on how well they have used the tool. Then they are awarded a certificate. Surprises and games – Surprising customers by showing up where they least expect you, gifting them, or sending them a card is a way to provide an out of the box experience and drive brand awareness. Another option could be to exhibit at a partner’s event as IBM did. Their interactive stand came complete with a candy bar, and plasma screens which posted live tweets from event attendees. Digital technology such as apps and games are also opportunity areas, and while often costly, look set to become more widespread and affordable in future. Experiential marketing reflects the growing importance of emphasising emotions to build successful brands. Digital media offers expanding opportunities to offer such experiences. In the ever-competitive B2B marketplace, it’s no longer enough to rely on traditional modes for lead generation. B2B marketers need to consider the complete kit that is available to them including; social media, mobile, search, paid advertising, print, telemarketing and increasingly placing emotion at the heart of it all with an experiential approach.

Marketing Management consultancy in pune

Examples and Benefits of Below the Line Marketing Techniques

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As a business owner, if you’re new to the marketing game, you will have probably heard plenty about both above the line and below the line marketing strategies and techniques. While both can certainly give your brand a hearty boost, if you want to get to know your audience on a more personal level and really start seeing pleasing results, it is wise to dedicate at least part of your focus to below the line activities. Here, we look at a few examples of these activities, as well as the many benefits associated with embracing them!

Examples of Below the Line Activities

There are various below the line activities, each varying in cost and effectiveness. The most popular include, but are not limited to, the following:
  • Trade shows: Trade shows allow for one-on-one interaction with potential customers and make it possible for brands to get truly creative. Not only can you educate the potential consumer about your brand and its offering at a trade show, you can also get them involved and engaged by coming up with a few exciting activations and experiential marketing ideas.
  • Experiential marketing: Experiential marketing is all about providing the potential customer with a memorable experience that they will always associate with your business. There are no limitations when it comes to what you decide to do – the more creative you are, the better! After all, the whole point is to stand out from the crowd!
  • Email marketing: Email marketing promises excellent results if the design of the mails sent out, as well as the general message, has been properly thought out and targeted. It should resonate with your readers from the very start.
  • Door-to-door marketing: This is one of the oldest below the line marketing techniques in the book, yet still proves to yield impressive results. The key is to hire and train friendly sales staff who are charming and who understand the true essence of your business. You’d be surprised how much of a difference the right brand ambassadors can make to your campaign!

Benefits of Below the Line Marketing

Countless business owners opt to embrace the power of below the line marketing techniques for the following reasons:
  • All in all, especially when compared to above the line marketing activities, below the line marketing is a lot more affordable.
  • Below the line marketing provides you with more opportunity to build on the customer-brand relationship. It allows for a more personal, intimate, one-on-one point of contact.
  • It is easier to track and promises an impressive return on investment.
  • It is easier to keep an eye on the budget.
  • It provides you with the opportunity to go viral.
  • Promotions can be extremely targeted, ensuring excellent value for money.
 

BARSHI, Marketing Management consultancy, Marketing Management consultancy in pune, guerrilla Advertising, Market Promotions promotional, Mall promotional, , campus engagement advertisement, RWA engagement advertisement, Market engagement advertisement

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