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Marketing Operations

NVISION Insights and Innovation Team
In CMO, Building Products, Marketing Supply Chain, Marketing Trends, Marketing Operations, Marketing Strategy

Marketing Building Products in 2021

Building materials warehouse

With the COVID-19 vaccine in wide circulation and schools and businesses beginning to open their doors again, building products marketers face a rapidly changing marketplace. Let’s explore five building products industry trends as our post-pandemic world begins to unfold.

Home office desk with laptop

Interiors are a Key Focus

According to the Residential Remodeling Index report released in late 2020, consumer remodeling projects of $1,000 or more had increased by 8% over the previous year. Consumers are spending an unprecedented amount of time indoors and are focused on making the best of it, adding comfort and utility to their existing space.1

Home offices remain a focal point for design investment with so-called dedicated “Zoom Rooms” a priority for busy professionals. Closed floor plans are also trending for their ability to offer privacy as are related building materials like solid-core wood doors that reduce noise. Escaping from work, homeowners are also creating more elaborate home exercise areas and even “unplug zones,” or rooms with no technology for total relaxation.

Previously neglected areas such as laundry rooms, foyers or utility rooms are being built out and cleaned up to add extra living space. Less clutter and a clean aesthetic mean that storage solutions are also gaining popularity.

When marketing building products, it’s important to continually scan the design blogs, reach out to audiences via surveys or formal market research, and work closely with product designers to meet the demand for materials that enhance comfort and interior living.

A man installing outdoor deck

Enjoying the Great Outdoors

The National Kitchen and Bath Association (NKBA) recently published a membership study that shows a 65% increase in overall outdoor living project interest, with 60% of respondents planning to upgrade existing spaces and 54% looking into patio/deck projects. Just as consumers seek to expand their interiors, they also want to escape occasionally from life inside.2

Besides garden materials, swimming pools and outdoor kitchens, hybrid spaces where indoors meets outdoors—such as a dining area that features openable screens or an outdoor home office area with Wi-Fi and sun shading—are also driving sales of building materials. The NKBA study even cites a trend in outdoor showers, particularly in upscale resort communities in sunbelt regions. Larger windows are another popular design enhancement as homeowners seek to bring in the outdoors.

Finally, people are using their yards more frequently for yoga and exercise versus simply entertaining or family space. This trend bodes well when marketing building products like fencing, gates, walls and screens. Even marketers who aren’t directly involved in outdoor living brands—such as lighting or door manufacturers—can leverage these building products industry trends with items that offer related benefits.

Male shopper looking at a floor sample

A Material Difference

The good news for building products companies is that all this home improvement requires a wide array of materials. “Easy care” materials like quartz, metal and glass are popular indoor choices because they offer simple sanitation and maintenance. Likewise, “cozy feel” products like rustic woods, brick pavers, and even repurposed barn doors used indoors, help to make homes more comfortable and calming.

With such a range of materials being sought after for interior and exterior remodeling applications, building products marketers have more possibilities to cross-sell, develop new product ideas or provide less-costly alternatives to expensive materials.

A young couple looking at flooring samples

The New Buyer’s Journey

Last year’s pandemic will certainly impact the building materials industry outlook in 2021. While brand differentiation will always be critical, content marketing continues to deliver customers. How-to articles and videos, look books, buying guides and online advice forums are in demand by DIYers working on various remodeling projects.

In-store retail displays are more critical than ever. Today, these displays focus less on building awareness and more on closing the sale. That’s because most consumers will have completed all their product research before heading to the retailer, versus starting there and expanding their search afterward.

Likewise, sample kits that were previously delivered by a salesperson are now directly shipped to consumers for individual evaluation. It’s important that all sample kit packaging convey safety and sterility as at-home consumers are still taking precautions. These changes in the buying process offer new opportunities to reach customers and build familiarity with their products in non-traditional ways.

A person ideating marketing for building products

Marketing’s Changing Role

As the pandemic deepened in 2020, marketing building products began to evolve in unpredictable ways—particularly the role of the marketer. More projects were added. More collaboration was expected with other areas in the company including R&D, distribution and new product development. Budgets may have been put on hold. And c-level leadership asked tough questions about emerging building materials industry trends that could potentially impact revenue.

In 2021, these new roles are already firmly in place for marketing professionals who are now charged with brand building, sales support, retail promotion, supervision of the marketing supply chain, hiring new team members, market research, and the list goes on. Unlike specialists in consumer packaged goods companies, this industry demands generalists who can wear many hats and think beyond traditional marketing channels as the quarantine winds down.

Of course, multitasking in new ways can affect productivity and creativity, not to mention job satisfaction. Forward-thinking building products marketers understand the critical role played by external partners who can keep them focused on the priority tasks.

In a rapidly changing retail environment, NVISION is always ready to help building materials brands elevate their marketing and respond quickly to new trends and challenges. Our deep understanding of today’s marketplace gives you an edge in strategizing and executing your marketing plan for building materials.

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Sources

  1.  Outlook for Remodeling Industry in 2021 Still Fuzzy
  2.  Seven Outdoor Living Trends for 2021

Why NVISION?

For more than three decades we’ve partnered with Fortune 500 companies to deliver marketing operations solutions. Led by a strategic account management team, we’ll help you develop, procure, fulfill and distribute printed collateral, signage, point-of-purchase displays, direct mail, branded merchandise and much more.

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NVISION Insights and Innovation Team
In Marketing ROI, Marketing Trends, Marketing Strategy, Retail Trends, CPG, Print Marketing, Direct Mail

Three Reasons Why Direct Mail is
Still Alive and Kicking

direct mail-blogheader

For some brands, direct mail marketing campaigns have been brushed aside and made a thing of the past. Some brand marketers assume that the largest emerging group of consumers, Millennials, can’t be reached through print marketing campaigns. However, studies indicate that this is far from the truth.

Brands who fail to prioritize direct mail marketing initiatives as a value-adding supplement to their campaigns risk missing out on an effective, simple opportunity to increase profits and engagement, and enhance brand awareness.

So, why exactly should brands capitalize on the value of direct mail?

NVISION postcard - direct mail

It delivers an emotional and physical connection

Consumers have busy, stressful lives. By sending direct mail, you can actually save potential consumers valuable time and brainpower. Recent studies have found that direct mail takes 21% less cognitive effort to process than digital ads.

But just because direct mail requires less effort to process, that doesn’t mean individuals aren’t giving it their undivided attention. In fact, 80% of direct mail recipients scan or read each piece before disposing of anything.

“It’s one of those marketing vehicles that just has a special touch, literally. Millennials, whom everyone thinks don’t want anything but a computer screen, are fascinated by it,” explains Marjorie Taucher, Senior Print Specialist at NVISION.

When individuals are exposed to physical mail, they experience a heightened feeling of excitement. It creates a connection. And this connection leads to desire, loyalty, and making a purchase.

“With email and social media on the rise, your mailbox is actually a lot less crowded than before. It’s more unique and special to receive something physical,” Taucher states. And that generates very real demand for your brand.

In order to gain the most benefits from sending direct mail, brand marketers need to ensure that they send engaging, eye-catching postcards, and mailers that will capture the attention of potential consumers.

“It just resonates with people. It just keeps it in your brain,” says Taucher.

human heads for creativity illustration

It delivers a great Return on Investment 

Direct mail has a median return on investment (ROI) of 29%. This is a staggering number considering that paid search has delivered 23%, and the online display has an ROI of 16%.

And not only does direct mail have a strong ROI, but it also has a higher response rate compared to most online marketing campaigns. As Taucher explains, “Direct mail has a response rate of over 5%. Email gets half a percent usually.” This is because, unlike with emails, consumers physically hold mail in their hands. Individuals are less likely to forget something tangible that they can actually touch, that suggests more care and effort taken by a brand to connect with them.

Another benefit of using direct mail is increased brand awareness. Some recipients may not have an immediate need for your product. However, they will look at your postcards and coupons. Their brain will retain that information, and their countertops likely will for a few days, too. And, when the day comes that they develop a need for your product or services, guess who they’ll shop with?

a hand with pencil on a calculator - ROI

It delivers better targeting and personalization

The key to effectively engaging with and retaining customers is providing them a personalized experience. And, as long as you know who your target audience is, direct mail can be highly specific.

Taucher explains, “Direct mail can now take all the information available on a customer on file – what tires you just bought, how many kids you have, what your favorite color is – and pull it into a formatted template that is TOTALLY personalized to them.”

An effective method is to send repeat customers printed reminders about routine services and promotions. “We’re just putting it to smarter use, so they feel like ‘Oh, wow, you really know me well. That’s helpful!’ And know them well enough to remind them when they need things, like oil changes, etc.,” Taucher says.

To really impress and satisfy potential and loyal customers, brands should anticipate what they need before they even realize they need it, and then bring those needs to their attention through captivating pieces of mail.

Brand marketers can also target broad swaths of demographics through the use of direct mail marketing. According to MSP article, 95 percent of 18-to-29-year-olds – a key demographic for many brands – have a positive response to receiving personal cards and letters.

And what’s more, everyone checks the mail. Because of that, your direct mailers can convert literally anyone into a customer.

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As the consumer market continues to evolve, brand marketers must implement effective approaches to engage with potential and established customers alike. But the somewhat prevalent idea that direct mail marketing tactics are no longer valuable for brand success is inaccurate. In fact, it is just the opposite.

Sending direct mail to individuals is an effective and important supplement to any campaign. By delivering a physical and emotional connection, a great ROI, and better targeting and personalization, direct mail creates opportunities to improve brand awareness, increase sales, and generate higher demand for your products and services.

And by working with a trusted partner who can help you capitalize on the use of direct mail marketing campaigns, your brand can compete on the quality and effectiveness of these engaging physical marketing assets.

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Why NVISION?

For more than three decades we’ve partnered with Fortune 500 companies to deliver marketing operations solutions. Led by a strategic account management team, we’ll help you develop, procure, fulfill and distribute printed collateral, signage, point-of-purchase displays, direct mail, branded merchandise and much more.

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NVISION Insights and Innovation Team
In CMO, Marketing ROI, Digital Marketing, Marketing Operations, Marketing Strategy, Accountability, Business Forecast & Trends

Redefining CMOs Roles in 2020

man with chess board - full

The definition of CMO is blurring across the business landscape; the advancement of Martech and the accessibility to data is forcing the traditional CMO to evolve and expand their responsibilities.

Elite CMOs are expected to play a pivotal role as growth drivers in the organization, and this is where the integration of a CMOs role begins. Recently, Forrester Research published an article predicting how the role of a successful CMO will evolve beyond 2020, and here’s how.

growth chart-CMO's mindset1

Own the Customer Experience

As the landscape of marketing steers away from focusing on the legacy strategy in acquiring new customers to creating a direct-to-customer environment by providing hyper-personalization, the expectations of CMOs have also shifted to become an owner of the customer experience across all touchpoints.

To maintain this ownership and thrive even further, CMOs need to capitalize on data science and analytics to provide impeccable customer experiences while, at the same time, being compliant with the regulations that govern the privacy of data.

2020 represents a year of re-imagining CMOs roles to transform into an influencer of the customer experience by creating and positioning the marketing ecosystem.

people shaking hands-partnership

CMO is No Longer Chief Marketing Officer

The CMOs role will no longer be about being Chief Marketing Officer. The role now has more dynamic responsibilities as being a Collaborating Marketing Officer or Contributing Marketing Officer.

Marketing should interconnect everyone throughout the organization. That’s how you build your brand unity, brand voice, and brand image. Without this continuity, you can’t sell, connect, or service your brand. The entire organization must stand behind the consistency and the value of the brand that they represent.

According to the article, “In 2020, one designated C-suite leader will be responsible for all that surrounds the customer, clarifying the role of marketing in a business environment obsessed with growth.” And that role will most likely be filled by the CMO. A connector that amplifies the growth goal and the brand vision with C-suite members and decision-makers, and a contributor to influence both the internal and external brand impact.

CMOs must find ways to collaborate with a multi-layer of influencers to drive impact across the business by connecting different facets of the business.

business woman speaking to associates

2020 Vision Required

Generational gaps are slowly creeping in the marketing world as younger groups of leading management emerge. The perspectives on long-term growth goals and identifying barriers for the growth may differ by generation.

Regardless of these generational gaps on how to interpret strategic goals and success, the role of the CMO must comply with the business growth goal while satisfying all levels of the audience, both internally and externally. Smart CMOs should account for this generational trend by developing a succession plan for long-term growth. One of the prime responsibilities of CMOs is to prepare the next generation of marketers with the forward vision that is better suited for the new marketing landscape.

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2020 will be the year that many CMOs will transform to expand their influences and responsibilities.

The sophisticated customer demands will force CMOs to take ownership of developing a memorable and impactful customer experience, while creating the culture of the brand, to influencing internal decision-makers and developing the next generation CMOs.

It may sound like a big weight to carry, but for CMOs that prioritize the right objectives, it should be a successful 2020 and beyond.

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Why NVISION?

For more than three decades we’ve partnered with Fortune 500 companies to deliver marketing operations solutions. Led by a strategic account management team, we’ll help you develop, procure, fulfill and distribute printed collateral, signage, point-of-purchase displays, direct mail, branded merchandise and much more.

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NVISION Insights and Innovation Team
In CMO, Marketing ROI, Marketing Trends, Digital Marketing, Marketing Operations, Marketing Strategy

CMO’s Guide: Capitalizing on Emerging Marketing Trends Beyond 2020

man with ipad

The landscape of the marketing industry is in constant motion. These changes present new opportunities for marketers to engage with consumers to drive sales. However, some brands are struggling to keep up with changes in the industry, and are consequently falling behind as the broader retail landscape changes.

According to Charles Golvin, as quoted by Chris Pemberton in his Gartner article, “Shifting consumer behaviors and technology innovation deprive marketers of equilibrium. Recovering that equilibrium will require organizational alacrity, a laser focus on customer needs, and a balanced embrace of automation.”

In order to ensure future success, brands need to find ways to capitalize on the current changes in the industry. So, what can brand marketers do to gain benefits from emerging marketing forces in the coming years?

shop with digital network graphics - retail continuity

Adapt to Consumer Behavioral Changes

Consumers are changing the way they shop. Technology plays a major role in this evolution of the modern shopper. Customers now use voice commands, wherever they are, to get tips and advice from automated voice interfaces as if it were a human. Brand marketers need to ensure that their brand comes up as a suggestion when customers search for a particular product through voice automation.

Along with using voice commands, consumers respond enormously to video content. Brands should recognize this emerging preference and focus on producing creative, engaging video content to capture the attention of potential customers. By discovering how to use new consumption formats to reach your target consumers, you can increase the effectiveness of your marketing presence and drive sales for your brand.

marketing meeting

Partner With Experts

As we already know, many brands collect personal data from shoppers. But the simple act of gathering information doesn’t lead to results by itself. Brand marketers need to figure out how to properly analyze and utilize the data that they have.

Brands need to ensure that they employ analytical talent with the expertise necessary to extract valuable insights from large amounts of data. As Pemberton explains, “Based on the Gartner Marketing Analytics survey, nearly half of marketing leaders surveyed said some of their most expensive and experienced analysts and data scientists spend their time preparing data to be analyzed rather than analyzing the data.” The problem is that many data analysts are simply “missing the mark” when it comes to effectively utilizing personal information to market towards a target audience.

When brand marketers know how to put consumer data into action, they are able to focus on personalizing the customer experience, which results in higher profits and increased conversion rates. An effective way to capture the attention of customers is through personalized, creative marketing materials that can engage customers with call-to-action.

AI-machine learning

Marketing with Machine Learning

Artificial intelligence is an important technology that has strongly impacted the marketing industry. The increased use of sophisticated technology for marketing may pose challenges for brand marketers, especially those who are convinced that legacy marketing tactics are the only effective way to reach customers. What brands need to realize is that an effective, balanced combination of physical marketing tactics and digital marketing methods is required for brands to remain profitable in the current age.

Brand marketers can capitalize on the emergence of new automation devices by delivering personalized communications to consumers. Pemberton explains, “Vendors promise their AI solutions will yield increases in marketer efficiency and deliver optimal communications to prospects and customers at the moment of maximum influence.”

As automation methods continue to dominate the marketing industry, marketing teams will experience a disruption in the way they perform. But, when brand marketers see technological advances as new opportunities, as opposed to problems, they can invent and implement innovative methods to improve marketing outcomes and customer experiences.

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The changing terrain of marketing in the coming years doesn’t mean that you will struggle. Instead, brand marketers should see these market challenges as opportunities to redefine their business by thinking of new, creative ways to engage with customers and drive sales.

Adapting to customers’ behavioral changes related to shopping, hiring experts who know how to effectively analyze data to improve marketing tactics, and capitalizing on the use of machines for marketing are important steps you can take as a brand marketer in order to flourish in today’s challenging market. By understanding these useful actions, brands are more likely to remain profitable and ensure a prosperous future for their business.

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Why NVISION?

For more than three decades we’ve partnered with Fortune 500 companies to deliver marketing operations solutions. Led by a strategic account management team, we’ll help you develop, procure, fulfill and distribute printed collateral, signage, point-of-purchase displays, direct mail, branded merchandise and much more.

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NVISION Insights and Innovation Team
In CMO, Marketing ROI, Marketing Trends, Marketing Operations, Marketing Strategy, Business Forecast & Trends

Next Generation CMOs: Transformation Leaders

butterfly out of cocoon

The marketing industry is constantly evolving. These changes bring new opportunities and roles for CMOs and the brands they represent, alike. Brand marketers today are stepping away from legacy marketing tactics and inventing new, exciting campaigns to reach customers.

According to Deloitte’s Jen Veenstra in her article, “If CMO roles as we’ve defined them have required proficiency not only in marketing but across multiple business functions, the job has expanded even further in complexity to include sustainable growth, highly personalized customer experiences, and advanced marketing innovation.”

In order to ensure success, CMOs need to embrace and step into key strategic roles. By doing so, you will increase opportunities to enhance brand awareness, driving revenue for your business, and expanding your own professional repertoire.

man on a toy car in flame - growth

Growth Driver

It is vital that CMOs drive growth for their brand. When they fail to establish and implement initiatives for improvement centered on growth, the brand suffers.

Most CMOs measure growth using revenue. However, this seems like a daunting task to accurately attribute, and many marketers experience disconnect when trying to drive growth through revenue.

But CMOs must put in the effort to become comfortable using revenue as a metric for growth by adopting the new role as enterprise business growth leader.

At the end of the day, one of the critical responsibilities that a CMO has is to have an end-to-end view of the customer, acknowledging trends, and making strategic recommendations to outsmart the competition to grow business. It is, ultimately, the bottom line for C-Suite decision-makers.

Customer Champion

Embracing customer data and intelligence are important ways for brands to deliver better customer experiences. You can gain valuable insights by collecting and tracking both emotional and transactional preferences from consumers across all channels.

CMOs can then use this data to become the “voice” for their shoppers. And, consequently, CMOs will more effectively engage with their target group of consumers and provide a personalized buying experience.

When brands know what consumers want and what their expectations are, they can implement marketing approaches that personally “speak” to customers.

businessman holding tablet

Storyteller

Riveting, intriguing stories engage consumers’ interest. So, CMOs should ensure that they effectively assume the role of storyteller. By creating and sharing an entertaining narrative about your brand and value, shoppers will be more drawn to what you have to say, and more attracted to your products. Marketers can reshape their brand’s image through the stories they tell consumers.

As Veenstra explains, “It’s still up to marketers to safeguard and disseminate the news about their companies’ brands and invite consumers to participate in the narrative. Chief storytellers have been defined by their part in promoting brand relevance and consistency, and it appears they aren’t straying far away from this role.” Growth-oriented CMOs see storytelling as a thriving and exciting opportunity to connect with customers.

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CMOs no longer have only one role to follow. Brand marketers who want to remain profitable and relevant in today’s ever-changing market must wear different “hats,” hence, the future roles of CMO are likely to become even more complex. By adopting the enterprise-wide mindset to align with the shared goals, and to become a brand’s voice for consumers, CMOs will become the major player behind their company’s success.

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Why NVISION?

For more than three decades we’ve partnered with Fortune 500 companies to deliver marketing operations solutions. Led by a strategic account management team, we’ll help you develop, procure, fulfill and distribute printed collateral, signage, point-of-purchase displays, direct mail, branded merchandise and much more.

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