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By M Muneer

E-fulfilment, or an electronic response, blended with traditional methods is the key to optimising a company’s one-to-one marketing efforts

E-fulfilment, an electronic response to a direct marketing request, can be an important part of a company’s marketing strategy to reach customers directly. In the right situation and to the right customer, it can offer several advantages.

The three biggest advantages of e-fulfilment are:

1 Speed: You meet targets quickly.

2 Cost-effectiveness: In some instances, it makes it cheaper to reach the customer.

3 Control/customisation: It allows for adjusting your campaign in real time, test and move forward.

One to one with customers—when content is completely personalised, including the cover letter/note, types of attachments and the content of each attachment—is expensive and time-consuming using land-based methods.

But not all situations call for solely an e-fulfilment system. Careful consideration of the types of the target being reached and the company’s marketing objective will determine the appropriate combination of e-based and land-based fulfilment components to be utilised.

For example, if a credit-card provider’s database identifies a person with an outstanding credit rating and a high income, that person may get a customised email that includes an offer to upgrade their card and links to exotic vacation destinations with special offers.

Someone else with a good credit history may get an offer for a balance-transfer offer or personal loan proposal.

Tweak as you go along

Flexibility is an important benefit of a fully integrated e-fulfilment system. Such a system makes it easy to evaluate a campaign’s rollout in real time—watch the pick-up on the first cell, tweak the campaign, watch the second cell go out, make another adjustment, and so forth.

With the proper systems in place, e-fulfilment offers direct marketers a wide range of options. It permits increased analysis and customisation of future messages, allowing marketers to see when people open the emails, and track as they click through to website links.

Real-time web reports of hits are available, detailing soft bounce-backs (server is temporarily down or a mailbox is full) and hard bounce-backs (service no longer exists or e-mail address is not valid).

If an email bounces back with a bad address or full mailbox, companies may have a call centre representative double-check with the intended recipient to confirm how they want to receive information.

The following examples offer an overview of possibilities and a preview of where things are heading for SMEs.

Case 1: Fewer reminders, more completions

A liability insurance company was using mail fulfilment as a marketing tool with its professional services clients. Names and detailed information were generated daily, with policies printed and mailed twice a week–incorporating e-fulfilment. Maximising its effectiveness was simply a matter of designing a system that converted content into a PDF file at the point it would have “gone to print” in the traditional fulfilment process.

These files are created in the same pre-printed format that customers would have received in hard-copy form. Like its traditional counterpart, the body of the e-fulfilment text message is highly personalised based on a client’s insurance history, with rate and coverage information, policy type, brand and payment method received/requested but it also includes a link to the insurer’s website for more information.

The policy itself is attached to the email and incorporates client-specific information. In addition, the insurance company finds that email enables it to send fewer reminders to get policy renewals and it is receiving more payments at a faster cycle. This could be modified for individual customers today with technology.

Case 2: Talk directly to your prospect

In many instances, customers and potential customers can request information through a variety of channels, including a call centre, website or mail.

In one such instance, a pharmaceutical manufacturer generates data daily from these sources. Based on the depth of information in the marketing database—gender, age, products requested and used—the development of highly customised text messaging and rich format attachments are possible.

The system also enables custom e-mail messaging with links to specific parts of the company’s website. In this case, the company is developing a true one-to-one marketing campaign that, over time, can be refined based on this interaction loop.

Today, companies using e-fulfilment with rich content are also engaged in parallel mail campaigns. They are not looking to abandon traditional fulfilment methods but rather want new ways to get closer to their customers.

As consumers click through the company’s websites via email links, each visit adds to their profile for future e-marketing efforts. As the file on each person is enhanced, marketers can cost-effectively move into more focussed cross-selling and up-selling campaigns.

Overall, the trend is for companies to implement one-to-one marketing tools. More and more, they are looking for expertise from direct marketing service providers that enables them to reach customers and prospects within a very structured campaign but target each one with a specific package of information via their mailbox, e-mailbox, over the phone or a website.

E-fulfilment enables you to watch a campaign unfold in real time and improve it as needed, including the way individual follow-up is done. And blending e-fulfilment (with its reporting and campaign management capabilities) with the appropriate traditional fulfilment methods is the key to optimising a company’s one-to-one marketing efforts.

By M Muneer

M Muneer is the managing director of CustomerLab Solutions, a consulting firm.

Sourced from moneycontrol

As a small business, you have to do everything in your power to get ahead. You are, after all, facing conglomerates, multinational corporations, they are all vying for the attention of your customers. That’s why you need to utilize your strengths. You have flexibility, you can focus on one point more easily, and you have more control, and fewer bureaucratic issues. So, with all that being said, today we will focus on the marketing aspect of this issue.Namely, large corporations have greater resources to expend on marketing. What they lack, as we’ve said, is flexibility. This is where you come in. Sure, SEO, setting up social media, these are all useful strategies that can help to reach out to more customers. However, you should not forget about offline marketing (or, regular marketing). It seems this avenue of advertisement has fallen out of favor with people, and now it’s up to you to bring them back. In a way, it’s good they are not as popular as before since that means you have less competition on that front. But, without further ado, let’s get to the best offline marketing strategies for your small business.

Conferences and seminars

One of the best ways you can get yourself out there is by attending conferences, seminars, and trade shows. There are a couple of added benefits besides marketing with these, making them a great choice.

First, you get the amazing opportunity to network. Know that networking gets your name out there, it helps you meet the right people, move in the right circles, it helps you become part of a certain business community. It allows you to meet potential business partners, great suppliers, and big clients. So, there may come a time where somebody sends some extra work your way, just because they liked you and they already have too much on their plate. Or they may get you out of a bind if you get in trouble.

Another great benefit of conferences and seminars is, of course, you actually improving your skills and building your knowledge base. No matter if you yourself go to these events, or if you send one of your employees, the results will be the same.

Offer free stuff

Everybody likes free stuff, it’s part of human nature. So, if you’re a new business, or if you have a new line of products or services to offer, perhaps handing out some freebies may get you some attention. Here is what you should do. First, choose a high-traffic, popular location. Then, see if there are any licenses and paperwork you need to get in order to set up an event there. Once you get that out of the way, think of an interesting booth design, and just set up shop at your desired location. Once you’re there, hand out free stuff.

Hand out products that you make, be it small cups of coffee, plastic cups of artisanal beer (remember the licensing stuff), the clothing you make… If you offer services, like tax and financial advice for example, offer free five-minute one on one session right then and there. On the other hand, if you truly can’t offer your goods or services in this manner, maybe just offer free stuff with your company logo on them. T-shirts, coffee cups, muffins that have your logo on the wrapper…

Old-school offline marketing

It seems marketing is completely online now, and everything we considered real marketing is gone. Of course, that is not exactly true, it just seems that way since we all seem to live our lives exclusively online. Trust us, the days of banners, signs, TV-adverts, business cards, they are still here. They are just…underrepresented. Don’t neglect regular kinds of marketing, they offer line of advertising that is still very valid.

So, hand out things like business cards, or get a sign made. If you can afford it, get a commercial running on TV, or take out an ad in the paper. Contact the pros at Bannamesh, and get quality banners and signs made, it’s important to get your name out there in every way you can.

Guerrilla marketing

Finally, we have guerrilla marketing on our list. Now, guerrilla marketing is a very special and specific kind of marketing. Namely, it’s like guerrilla warfare – fast, efficient, unique, and cheap. By cheap, we mean you have a limited amount of resources, and you want to create the greatest amount of impact you can. What makes guerrilla marketing special is that you don’t really need money, what you do need is an imagination.

So, for example, guerrilla marketing encompasses street art, offline and online scavenger hunts, piquing people’s curiosity… There are many unique ideas and styles, one of them being stealth marketing. This is a special “product placement” all around your area. Stickers, graffiti, placement of your company logo in certain (legal) areas that may attract the attention of people.

Conclusion

And there you have it folks, a couple of ways you can boost the marketing efforts of your small business. Just because everybody switched to online marketing doesn’t mean you have to limit yourself to only that avenue of advertising. Utilize other aspects, learn how to network, attend conferences and seminars, visit trade shows, met the right people. Try your luck with guerrilla marketing, hand out free stuff and attract attention, and dip your toes into old, pre-internet era advertisement.

Rebecca Paddon

Emily is a business psychologist with a passion for marketing. Researching, exploring and writing are her favorite things to do. Besides that, she loves animals, music and traveling.”

Sourced from adotas