Category

Marketing Strategy

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

How Print Production Enables Direct Mail Success for 2018

commercial print-sustainability

When it comes to marketing, there’s nothing like a personal touch. And while digital may be rising, print is still king.

That’s why it’s so important, when it comes to your direct mail marketing efforts, to choose print materials that are engaging, eye-catching, and leave a lasting impression in the minds of your customers and prospects.

Print materials, and the quality of your partner in producing them, remain a difference-maker for CMOs everywhere. That’s according to EdgeMark Partners, who have laid out some of the top direct mail trends for 2018, and how an agile print production partner can empower you to capitalize on them.

Let’s take a look!

Stand Out With Color

According to Pantone, the Color of the Year for 2018 is “Ultra Violet,” an eye-catching purple shade. We expect to see a rise in the usage of bright, vibrant colors as CMOs look for ways to use print to help their direct mail materials stand out from the other junk mail and bills in customers’ mailboxes.

So go ahead: create your vision in Ultra Violet!

Textures: Feel the Difference

The average customer spends fewer than eight seconds looking at an advertisement. And that is precisely the power of print materials and direct mail: they provide a tangible, palpable item that customers can hold in their hands and imprint on their memory.

Touch, after all, is one of the senses most closely tied to memory in the human brain.

By working with a partner that offers many different textures, stocks, weights, and shapes in their print production lines, you can create powerful, lasting impressions with your direct mailers.

AR QR code to digital

Think Outside the Box With 3D

Thanks to advanced laser-cutting techniques now widely available, fold-out and pop-up mailers are now an affordable option at scale for many CMOs.

Imagine the lasting impact and powerful impression that comes from watching one of your products physically take shape in your customer’s hands. Add to that dynamic and eye-catching stamping options like foil and leaf, and you can create a direct mail marketing campaign unlike anything your competition is offering.

Personalization, Because Each Customer Matters

It’s absolutely critical that brands stand out from their competition by offering a superior customer experience. And that starts with personalized direct mail campaigns.

Not only do customers have a higher response rate to personalized mailers versus generic ones, but thanks to new tracking methods, CMOs can now send out mailers that speak exactly to a customer’s previous activities. If they’ve shown interest in a particular product, or tend to buy at a specific time of year, send them mailers that speak to the things you know they’re interested in.

What’s more, CMOs can and should include personalized coupons in their direct mailers. Discounts on specific items you know the customer is shopping for can be the final tool in your arsenal you need to close that deal and get them to convert.

*****

Modern print marketing materials are still the lifeblood of the modern CMO. And when you partner with a trusted supply chain expert who is responsive and agile, a whole world of ways to leverage them in direct mail activities is opened.

Subscribe to the Blog

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.

LEARN MORE
NVISION Insights and Innovation Team
In Marketing Trends, Marketing Strategy, Print Marketing, Online shopping, E-Commerce

Print is Winning Millennials’ Trust: Here’s How You Can Maximize Engagement With Print

Millennials are set to become the single largest demographic of American consumers by the end of the decade. It means that within just a few short years, they will also be the largest audience that marketers will need to engage to maintain their market share, keep profits high, and establish lasting brand loyalty.

And despite the image many marketers have of millennials as a digitally-obsessed, online-only audience, print marketing is a surprisingly, especially effective means of engagement for a number of reasons. That’s according to Heather Fletcher of Target Marketing, who explains the hows and whys of engaging millennials with print marketing materials.

colorful printed books - print strikes back

Print Marketing Builds Trust with Millennials

Millennials are a transactional demographic. They believe that their relationship with a brand should be far more quid pro quo than blindly accepting the only available option. Put simply: millennials expect more value from brands than other demographics, and print marketing is an effective way to deliver value to them. “When markets provide useful content – and millennials value branded print ads more than other generations – consumers will remember it and turn to the print marketing when they’re ready to buy,” Fletcher explains. Unlike digital touchpoints like banner ads and emails, print marketing materials are far more memorable.

Fletcher suggests the following strategies for print marketing to millennials:

      1. Educational Content. Whether these are product how-tos or informative infographics, your print marketing materials should provide real educational value to your millennial audience that goes beyond just telling them where to buy your products.
      2. Use and Idea Suggestion Guides. Like the fashion “look books” that have become so popular with millennials, think of these as a type of recipe book for your product or solution. Show millennials exactly how your product can be used in their lives. Help them envision it with your print materials.
      3. Value-Adding Promotions. Things like personalized coupons or discount flyers add a real, tangible dollar value to your print materials that resonate with millennials.
female frustrated - digital fatigue

Print Marketing Overcomes Millennial Digital Fatigue

Millennials may be the most digitally-connected demographic, but that doesn’t mean that digital is the only way to engage them. As Daniel Dejan explains, “With all of these devices (most people own at least three), we reach the point of monitor fatigue. It is an actual physiological symptom where between looking at a computer, constantly checking your phone, possibly having your tablet on at the same time, going home and turning on the TV, playing games, etc… The brain reaches a point of saturation.

And when it does, it can no longer take in any more.” And that, Dejan says, is why even younger demographics seek out printed materials. In fact, a recent study found that 92% of college students surveyed prefer reading in print over any form of digital media. As a marketer, if you’re concerned about a heavily saturated market and finding a way to stand out above the noise, print materials are a clever, cost-effective, and popular channel to engage millennials.

Print Marketing to Millennials Boosts the Effectiveness and Attribution of Other Channels

Most millennials live on their devices. It’s where they’re comfortable. So many savvy brands are using print marketing to improve their digital attribution by leveraging direct mail with custom product URLs and discount codes printed on the mailers. When a shopper visits that tracked URL, or enters that specific discount code, the marketing teams knows for a fact that it was the print marketing material that drove them there. 

“So in an industry that’s become addicted to attributing sales to the ‘last click’ – even if that’s an in-store transaction – marketing professionals may gain insight into touchpoints via consumer engagement from print marketing,” Fletcher explains. What’s more, many CMOs are using print marketing to engage the portions of their millennial audience that digital channels are failing to reach.

“Direct mail has expanded many brands’ reach and relieved the pressure on email campaigns,” Fletcher says, citing a specific client case study. “Only 40 percent of customers subscribe [to their email newsletter] during the checkout process. Today, they are using print inserts and mailers to reach the remaining 60 percent, and it has made a big difference.” Whether they’re reviewing catalogs before purchasing online, applying discount codes from direct mailers to their online shopping carts, or recalling your brand from your unique print marketing materials, print marketing improves both the attribution and the effectiveness of all your customer channels.

Related blogs:

Subscribe to the Blog

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.

LEARN MORE
NVISION Insights and Innovation Team
In Marketing Trends, Digital Marketing, Marketing Strategy, Online shopping, E-Commerce

Holiday Spending Will be Jollier in 2018: How Retailers Can Engage Shoppers to Increase Sales

woman holding shopping bags walking

As the air turns colder and the year winds down, many retailers’ thoughts are on one thing: the holiday season. The holidays are a critically important time for the retail industry, and businesses have reason to be excited for 2018: the National Retail Federation is projecting a 4.5% increase in retail sales over 2017. That’s thanks to many factors, including consumer confidence being high and unemployment being low.

Steven Barr at Forbes recently wrote about the upcoming 2018 retail holiday season, and what trends brands need to keep a sharp eye on if they want to capitalize on more than just tinsel and snowflakes this year.

Shoppers Are Spending More, Especially Millennials

According to a recent study by PwC, consumers plan to spend 5% more on average than they did last holiday season. Across the entire retail industry, that works out to approximately $1,250 per shopper. When you narrow that figure down to high-earning millennials (incomes over $70,000), retailers will be competing for over $2,000 of spending from each and every shopper. In fact, the same study found that millennials will pay more this holiday season for brands that will offer quality, convenience, speed, and personalized experiences.

Millemmial Marketing

Brick-and-Mortar Retail Will Work Together with E-commerce

When it comes to retail this holiday season, some things haven’t changed, and nothing beats the experience of walking through a store or shopping mall for picking out holiday gifts. 91% of holiday shoppers plan to make purchases at a physical retail location this season, so brands will need to invest in creating winning customer experiences with their retail signage and promotional materials. Creating positive, inviting store experiences encourages shoppers to linger for longer and, ultimately, spend more.

But in today’s digital world, that’s not the whole story. 75% of shoppers “expect an integrated experience across digital and physical locations,” so maintaining brand consistency and creating omnichannel customer experiences that track the buyer’s journey will be critical.

Create Memorable, Shareable In-Store Retail Experiences

As online shopping gets more and more convenient, retail brands will need to find ways to create customer experiences worth coming into the store for. While digital integration will be critical (promotional QR codes, email campaigns with in-store coupons, etc.), even more important will be what Barr calls “grammable” moments, after the popular social media platform Instagram. 

Barr highlights the outdoor apparel outfitter Canada Goose, who designed and created a “cold room” for their flagship retail store in Toronto where customers could try out puffy coats, gigantic scarves, and oversized hats. As intended, the cold room led to many shareable photos, and with a custom hashtag already in place, the campaign took off, and Canada Goose enjoyed a massive boost to its retail sales. 

Shoppers want a holiday filled with cheer. Brands can give it to them by creating these unique and engaging in-store experiences.

Related blogs:

Subscribe to the Blog

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.

LEARN MORE
NVISION Insights and Innovation Team
In Marketing ROI, Marketing Trends, Marketing Operations, Marketing Strategy, Online shopping, E-Commerce

Top Trends for Influencer Marketing: Are Your Audiences Under the Right Influence?

influencer marketing

“Why should I trust you?”

This is the question from customers that even the best marketing departments dread. Because after all, why should a prospect or a customer believe marketers are telling the truth when their clear intention is for their audience to spend money on their products.

Studies have shown that overall consumer confidence in the trustworthiness of corporate marketing is declining. According to some estimates, as much as 69% of consumers inherently distrust brand advertising, and 43% of respondents report that they trust brand advertising less than they used to.

Enter Influencer Marketing.

While consumer trust in brands has fallen off a cliff, trust in their fellow consumers has risen precipitously. 70% of shoppers state that they are influenced by recommendations from their peers and fellow “normal people.” In fact, consumers today are 30% more likely to purchase if it is recommended by a trusted influencer, rather than a celebrity. And 74% of consumers say that they do trust social media networks to guide them to purchase decisions.

This is where influencer marketing presents an enormous opportunity for smart companies. Let’s take a look at what Brandon Brown of Grin has identified as some of the biggest current trends in influencer marketing.

Retail Influencer Marketing Is Growing

From lifestyle to home décor to fashion, retail brands are embracing influencer marketing faster than any other segment. In fashion, for example, well-known brands like Bloomingdale’s, Bergdorf Goodman, Zara, and Sephora are working with popular social media influencers to model their products and give audiences a taste of what they, too might look like in the featured clothes or cosmetics.

In fact, Lord & Taylor recently ran a successful campaign where they tapped 50 influencers to each post photos wearing the exact same dress and tagging it with a predetermined hashtag. The result? The dress sold out of every Lord & Taylor in America in three days. Retail brands should give influencer marketing heavy considering in their marketing plans.

people whiteboarding-marketing assessment

The Rise of B2B Influencer Marketing

The power and promise of influencer marketing isn’t just limited to retail and B2C brands, however. And one of the ingenious ways B2B brands are leveraging it is with employee advocacy programs. Over the last three years, employee advocacy programs among B2B brands have increased by 191%.

Employee advocacy programs offer the best of both worlds in influencer marketing. The brand, for its part, enjoys the trust, authenticity, and believability that only real social media advocacy from real employees can garner. The employees themselves, on the other hand, benefit from the increased “professionalism” that such content brings to their social media pages.

The fact is that B2B brands need to capture the attention of their audiences, and more so, they need to do it in a way that is authentic and lasting. Influencer marketing and employee advocacy programs are an efficient way to do both.

The Ability to Measure ROI Will Be Crucial

As with all marketing efforts, the ability to definitively prove the value and effect of influencer marketing programs will be critical to securing ongoing buy-in from key decision-makers within your organization.

Fortunately, many savvy brands are implementing clever ways to improve their ability to measure influencer marketing ROI. Just as many brands are linking their digital and print marketing channels with the use of custom URLs and promo codes, so too are they measuring influencer marketing ROI. On the simple end of the spectrum, fastidious use of one or two set hashtags for each campaign enables marketers to easily search the engagement of those hashtags.

Likewise, many brands are now distributing custom discount and coupon codes to their influencers, encouraging them to share them with their audiences. That way, whenever a customer enters that unique discount code, the brand can know for certain that they were referred by that particular influencer, and his or her promotional activities.

*****

As consumer trust in brands and marketing departments continues to plummet, B2B and B2C brands alike are turning to influencer marketing as a smart, cost-effective way to make their marketing budgets go further. If your brand is struggling with trust and authenticity, influencer marketing may be an excellent solution to consider.

Subscribe to the Blog

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.

LEARN MORE
NVISION Insights and Innovation Team
In CMO, Hospitality, Marketing Trends, Digital Marketing, Marketing Performance Measurement, Marketing Strategy, Online shopping

Millennial Marketing: It’s a Whole New Ballgame

Millemmial Marketing

The world is changing, thanks largely in part to the efforts, habits, and preferences of “millennials.” And the field of marketing is no exception.

Millennials, those of us born between the early ‘80s and early 2000s, are now the single largest age demographic in the United States. There are currently 87.5 million millennials living in the U.S., compared to just 83.7 million “Generation X” Americans (those born between the mid-‘60s and early ‘80s) and 66.4 million “Baby Boomers.” This means one thing very clearly: to be successful in marketing today, you must engage with these millennials, and savvy marketers must understand their psychology.

Which is why NVSION has gathered some of the latest data on the psychology of millennial shoppers, and how marketing organizations can leverage this information.

hand holding mobile phone with AR

Millennial Spending Preferences: What Marketers Should Know

Due to broader differences in modern culture and values, millennials show distinct preferences for certain industries when it comes to how they spend their hard-earned money. By understanding this fact, marketers in these industries can feel confident in strategically focusing their efforts on capturing this millennial audience and allocating their marketing budgets accordingly.

Here are the Top 5 areas where millennials spend their money.

  1. Socialization. Whether nights out on the town, social organizations like recreational sports leagues, or just fun, once-in-a-lifetime experiences, millennials spend the lion’s share of their disposable income on socialization. Fun is on the menu for them.
  2. Education. We’ve all heard horror stories about student loan debt and for-profit colleges. But millennials are also spending their money on personal continuing education opportunities, like language courses, classes that teach specific skills (like cooking or brewing), and other opportunities to increase their knowledge.
  3. Apparel. We all want to look our best, and that’s especially true for millennials. Clothing retailers and marketers would be wise to closely study the psychology of millennials’ shopping behaviors.
  4. Services. The most precious commodity to millennials is time. As such, they are more willing to pay for time-saving services than any generation before them.
  5. Eating Out. Similar to the Services industry, millennials love to get their food out because it saves time and effort. They’re willing to pay a little more for it. Just look at the success of on-demand food delivery services like GrubHub and Uber Eats.

When you compare these trends to the top areas of spending focus for Gen X shoppers and Baby Boomers (things like pensions and insurance), it becomes clear that a one-size-fits-all marketing strategy just won’t work. Personal insurance marketers should be investing their marketing budgets differently than socialization marketers because their audiences – and their audiences’ preferences – are different.

Best Practices for Marketing to Millennials

Keeping the above spending preferences in mind, here are some best practices for marketers to leverage and increase millennial engagement.

Millennial Personalization

According to a study by the University of Southern California, millennials are 85% more likely to purchase a product if they have been exposed to it via personalized content. Whether this is with marketing promotions based on their personal shopping history or unique materials segmented for their unique buyer persona, millennials prefer highly personalized marketing.

In fact, a 2018 SuperOffice study found that 86% of consumers are willing to pay more for a product if marketed to them with personalized experiences. And that trend will only continue: customer experience will overtake price and product as a key brand differentiator among consumers by 2020. Agile marketing operations that can accommodate the creation of personalized experiences will win more millennial business for your brand.

Multi-Channel Marketing to Millennials

More than any other generation, millennials engage with brands across multiple different channels, including digital, mobile, in-store, and direct mail.

A recent study by the Harvard Business Review found that 73% of consumers regularly engage with their preferred brands via an average of four (4) different channels. What’s more, retail brands that engage their customers with a multi-channel marketing strategy see an average increase of 89% in customer loyalty and retention.

These numbers only increase for millennial shoppers, who own on average 7-8 internet-connected devices each. In fact, 60% of millennials expect a consistent experience across all of that brand’s channels. By working to establish well-organized, agile marketing operations, marketers can create the unified, multi-channel marketing experiences that win over millennial shoppers.

*****

The millennial generation becomes a larger portion of your marketing audience each and every day. By understanding their unique preferences, spending habits, and preferred methods of engagement, marketing teams can capture more of their business, increase overall revenue, and improve brand loyalty.

Subscribe to the Blog

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.

LEARN MORE