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Are We There Yet? We will see at #Print13

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One of the buzzwords or phrases that has made the rounds the last several years is “multi-channel marketing”.  I have watched dozens of  presentations on the subject, spoken about it and have debated it’s attributes.

What is Multi-Channel Marketing?

According to our friends at Wikipedia – Multichannel marketing is marketing using many different marketing channels to reach a customer.[1] In this sense, a channel might be a retail store, a web site, a mail order catalogue, or direct personal communications by letter, email or text message. The objective of the companies doing the marketing is to make it easy for a consumer to buy from them in whatever way is most appropriate.

Does Multi-Channel Marketing Equate To Effective Marketing?

My favorite definition of relevant communications is “the right message, to the right person at the right time …. using the right media.  Is multi-channel communications the same thing as effective marketing? Sometimes, maybe but not always. 

When I was looking at what type of programming Xplor was going to do at Print13 I decided it was time to address the issue. I wanted to have a forum where several companies who had implemented multi-channel communications speak openly about their successes and failures. I wanted someone to ask the tough questions, who knows the industry.

Are We There Yet: A 2013 Multi-Channel Communications Industry Perspective 

InfoTrends_A_Questex_Company_LogoPrint 13 is the perfect backdrop for Xplor’s breakfast keynote session moderated by industry expert Matt Swain of InfoTrends. Matt’s panel of leading print service providers will talk about their challenges, the things they would do different and the things that worked.

It is a don’t miss 90 minutes at Print13.

The breakfast panel is taking place September 10th from 8:30 am to 10:00 am. The cost, complimentary thanks to our sponsors Compart, Crawford Technologies and Solimar Systems.

Join us for breakfast, a great educational session and also receive a complimentary exhibit hall pass simply by registering to attend.

The session is going to be conveniently located at McCormick Place South in Room 101 a few short steps from the shuttle bus drop off area.

See you in Chicago …. Are We There Yet?

The Future of Credit Cards …. Really!

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I recently read an article on “The Future of Credit Cards” published as a result of a conference devoted to travel and credit card rewards.  Executives from Chase, Barclaycard, US Bank, Capital One and American Express were on hand to share their views on the future of credit cards.

My expectation was that they would simply predict the demise of the physical credit card, as mobile technology certainly can replace it almost instantaneously. In one of my February posts entitled “Remember Your Smartphone, Forget Your Wallet”, I addressed this.

However, these execs went beyond the boundaries of simply replacing the physical card. For many, these discussions are not an “epiphany,” individually you may be familiar with some if not all of their talking points. For others, who assume the evolution of technology, they make perfect sense and you ask yourself, “what is the big deal?”

The fact that banks are talking about this collectively is a big deal.

  • Big Data – One of the new buzz words certainly familiar within our community. We talk about it in webcasts and conference sessions but what was interesting in the article is the discussion of leveraging that data across multiple vendors. Can a free Subway drink at your local Walmart be in your future?  (Only makes sense if your Walmart has a Subway)
  • Mobile – Once again not a new concept, but providing realtime “offers” to cardmembers utilizing location and spending data. My wife would love to get a 20% off coupon while standing outside Justice with my daughter.
  • Budgeting Tool/Spend Smarter – This one seemed counter intuitive to me based on the concept of the credit card and habits of some people in using one.

Banks hope to offer cardholders not just deals and offers, but information to help manage spending  offering information to consumers about how they spend and how to spend smarter. This should be interesting to watch.

  • Unbanked/Underbanked – At the conference it was reported that 8.2% of the people did not have a checking or savings account and were referred to as “unbanked.” They also referred to the “underbanked” as people who have a checking or savings account, but use non-bank means of credit, like payday loans. This group represents 20+% of the population and growing.

AMEX partnered with Walmart on the BlueBird prepaid card looking to the next generation who may not want a bank account. As mentioned in the article, it remains to be seen but the next generation might find bank accounts as relevant as land lines, compact discs, and print publications.

  • Less Junk Mail / More Social Media – Note was made that credit card marketing is changing. No surprise here. Rising costs of traditional mail coupled with the communication preferences of the next generation makes this a bit of a no brainer. Barclaycard was noted as leading the way in integrating social media with its credit card products by introducing the Ring card .

David Gold, General Manger of Partnerships for Chase Card Services noted that he wakes up every day worried about what will be written online about his products by bloggers who focus on how many cents they can get out of each point. Certainly something we need to watch today.

What does it mean for the stakeholders?

As a customer:  Some of it sounds pretty good and high tech. Who wouldn’t want great relevant offers, discounts and ways to spend your money smarter?

The credit card company: higher customer retention, decreased costs, increased revenue and more accounts.

As a vendor: Opportunity! These companies will need consultants, software and hardware to implement these changes.

Will be fun to look back on this in a few years.

To read the whole article go to: http://finance.yahoo.com/news/future-credit-cards-080024294.html

Better Ingredients, Better Pizza, Great Marketing …. Papa John’s

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PapaJohns_SkipHenkDespite the fact that they are in all 50 states and 35 countries I have never had a Papa John’s pizza. The only reason I can cite is that they came late to our relatively small community where I have bought from our local New York pizzeria, Pizza Supremo, for 10+ years.

I will admit for kid’s birthday parties I have ordered from the national chains, but what do kids know about good pizza, and despite the fact Papa John’s opened a location that serves our area about a year ago, my curiosity had never peaked or inspired me to deviate from ordering from my local pizzeria.

I have marveled at their TV commercials, especially during Super Bowl when they give away 1,000,000 pizzas, which still boggles my mind. I love their tagline “Better Ingredients, Better Pizza, Papa John’s,” but I have never ordered one pizza.

Well anyway, my 11 year old came home with a fundraiser for the school, sponsored by Papa John’s. This was not the typical “order from us and we will donate xx% to your school.” What Papa John’s did was brilliant!

They delivered a whole lot of pizza boxes to the school, had the kids decorate them and if you order a pizza they will deliver it in the box your child decorated AND donate 20% of the sales to the school.

ABSOLUTELY BRILLIANT!!!!!  Kudos to Papa John’s! What father would not order a pizza in a box decorated by their 11 year old daughter?  Not this one.

Caroline_PizzaWell we had pizza last night and I must admit it was pretty good. I had to call the local Papa John’s to order as opposed to ordering online but I understood immediately when I was asked my daughter’s name, grade and who her teacher was. (They had almost 800 boxes)

I elected to pick up my order and as soon as they placed the box in front of me I knew it was decorated by Caroline due to her signature giraffe drawing and I love dance notation.

The box itself was a standard Papa John’s box that was folded inside out, so the outside was now all white and a perfect canvas for kids.

While Papa John’s may not entirely replace my local pizzeria I certainly will order from them when I have the need for a “national chain” pizza at the next birthday party.

KUDOS again to Papa John’s!

Remember Your Smartphone, Forget Your Wallet

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In past blog postings I have spoken about change in the printing industry, technology and how people receive information.  I continue to believe that there is  room in the world for both print and digital communications and it should be YOU who determines how you want to receive, view and store information. Whatever is convenient for you.

Speaking of convenience, I ran across an article about Google Wallet and was intrigued with the whole concept of not having the need carry a wallet. I thought about the things in my wallet and what it would be like if all my “printed” documents: pictures, license, credit cards, membership cards, voter registration, etc., were on my smartphone.

Add the keys for my car(s), house and office along with the ability to pay everything by smartphone and my life becomes my smartphone.  In thinking about that:

• If I lose my  wallet, I have to replace everything. Call credit card companies,  get a new license and voter registration card, membership cards, etc, and I am out whatever cash I had in my wallet..

However, if I lose my smartphone, I go on your computer (or other web based device), try to find it using GPS, disable it if I can’t find it and send out automatic notifications to credit card companies who could tag the account and immediately issue a new “card”.

My license, membership card and voter registration cards have my picture (and maybe thumb print identification) so I would be good. I would lose no cash and I could change the code on my cars and the digital locks on my office and home. This really starts to look like George Orwells’s 1984.

Of course like anything, there are some drawbacks (and solutions):

•  Since I don’t need a wallet, what would someone get me for Christmas?
An  iTunes card or new smartphone case

• What if someone only takes cash?
A smartphone case with a money clip for emergencies

• How about cash discounts?
When was the last time you saw one anyway?

Check out the article on Google Wallet and let me know what you think?

Note to self: Need to figure out what to rename the smartphone since it is not a phone anymore but can make calls. How about a tablet?  (Nah)

To Blog or Not to Blog, That Is The Question

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Over the last several months I have personally questioned the effectiveness of social media as tweeting, posting and blogging can eat up your time. As such I wondered if my time was being well spent.

At this year’s XDU On the Road I have consistently asked “How many people have a twitter, LinkedIn or Facebook account? Write a blog?” The majority of the people raise their hands for Twitter, LinkedIn and Facebook with one or two writing a blog.

Then, I asked how many people tweet, use LinkedIn and Facebook AND how many people read blogs. Significantly fewer people raised their hands.

So as I was evaluating how I wanted to spend my time and resources in 2013 Deborah Corn of Print Media Centr sent me a report on my blog. Now, to make sure everyone knows, Deborah helps with my social media including Twitter and the Xplor Facebook page. As far as my blog, I write it, she makes it look great and then posts it for me. So, back to my blog.

The report I received from World Atlas stated the following.

  • My blogs had 5,300 views in 2012 on 26 posts – Average 204 per post
  • The busiest day of the year was September 30th with 261 views. The most popular post that day was Printing is not dead, it is different.
  • The top referring sites were: Facebook, Twitter, networkedblogs.com, globalnews.printmediacentr.com, linkedin.com
  • Blog was read in 117 countries (there are 193 countries in the world depending on what source you reference http://www.worldatlas.com/nations.htm)
  • Most visitors came from The United States, India & The United Kingdom

Now these numbers pale in comparison to many others but a couple key things came from them:

  • I know someone has been reading them, so there is an interest
  • It give me a base line to expand ….. My goal for 2013 is 15,000 views read in 140 countries
  • REALLY has motivated me to really see what I can do with it

Hope all of you had a Happy Holiday Season and I extend my best wishes for a happy, healthy, joyous and prosperous 2013.

Thank you for reading my blog, and don’t forget to pass it along if you think it is worthwhile.

Who gives a tweet

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At the recent XDU On the Road in Chicago I asked attendees a couple questions, which I often do, about twitter. I asked three questions:

1. Who has or has had a twitter account?

2. Who actively tweets?

3. Do you read the tweets you receive?

With the theme of the 2012 XDU On the Road program being “making it relevant”, and the 5 sessions focusing on relevant communications the subject of social media was certainly part of the discussion.

In Chicago, as in other cities the percentages were close. In Chicago approximate 70% said they had a twitter account at some time. About 20% said they actively tweeted and about the same percentage claimed to read some if not all of their tweets.

Many have told me that there are a lot of twitter accounts, with few people actually being engaged. So why should we give it a tweet?

The answer, yes you should give a tweet, especially if they are among the 20 or so percent who like to communicate via twitter. Right message, right time, right person using the right CHANNEL. That is what relevance is.

Do you give a tweet?

PS – 20% is huge compared to the 1-5% using other channels.