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Marketing’s about to get a lot more costly Peter Smith Practice Leader The Marketing Doctors www.marketingdoctors.co.uk

CASE STUDY: Why marketing's about to get a whole lot more expensive

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Marketing’s about to get a lot more costly

Peter Smith Practice Leader The Marketing Doctors !www.marketingdoctors.co.uk

“Nothing  that  we  do  now  will  be  the  same  in  five  years’  time”  !

Steve  Jobs  CEO,  Apple  

iPad  Launch  2010

Digital marketing = lower costDigital marketing ≠ lower cost

This is the Internet…

Why Marketing’s about to get a lot more costly

Negotiates termsSets strategy Implements strategy Evaluates optionsDecides tactics

Unless you map to each one’s information needs you risk missing out....

Board Level Dept. Head Mid-Manager Executive Procurement

Each relies on different information sources...

and different content...

Strategic Technical Cost

Meetings Press articles Strategy guides

White papers Business briefings Round tables

Customer stories Trade press Seminars

Brochures Data sheets Case studies Social media

Tech specs RTT Pricing Ts & Cs

Meetings Press articles Strategy guides !

White Papers Business briefings Round tables !

Customer stories Trade press Seminars

Brochures Data sheets Case studies Social media

Tech specs RTT Pricing Ts & Cs

Meetings Press articles Strategy guides

White papers Business briefings Round tables !

Customer stories Trade press Seminars

Brochures Data sheets Case studies Social media

Tech specs RTT Pricing Ts & Cs

The corporate buying cycle

Set strategy

How long is the buying cycle?

Concept -> purchase time halved!

Finalise strategy

Decide tactics

Evaluate options

Procure

18 months

Source: IDC Customer Experience Survey 2013

10 months

What do they want to know about?

Source: IDC Customer Experience Survey 2013

Marketing Doctors Content Impact survey 2013

Enablin

g busin

ess gro

wth

Impro

ving p

rofit

ability

Reducing cost

Impro

ving c

omplia

nceG

aining com

petitive

edge

Impro

ving re

sourc

ing

Produc

t featu

res

%

What does vendor marketing material talk

about?

!The marketing disconnect

“If a supplier doesn’t understand our vision for the long term growth of our business, how can they hope to align their offer to our needs?”

David Winstanley COO Birmingham Airport

!Strategic alignment

Property footprints are shrinking

Financial  services  Professions  Media  Life  Sciences  Manufacturing  Banking  Utilities  Government

Source: Mitie 2014 Executive research

45%

How do you see your staff working?

RoamersResidents

Hoppers

Source: Mitie 2014 Executive research

Work is what you do, not where you are

Source: Mitie 2014 Executive research

By 2018, 60% of office workers won’t have their own desk

Space  m

anagement

Agile  worker  support

Plant  op8misa8on

Energy  op8misa8

on

Health  &

 Safety  support

Data    analysis

New workplaces need new services

Source: Mitie 2014 Executive research

E: Executive They are targeted with content that isn’t product focused

S: Strategic They align with the client’s strategic visions

P: People They meet the CEO not the Account Manager

E: Execution Sophisticated, polished and seamless. Not flashy

C: Content Adds to their knowledge, interact with their peers

T: Timing Fits in with their agenda, not the vendor sales quarter

Subjects relevant to a CxO so gets their attentionR: Relevance

RESPECT - the key to success...

Executive Programme

• 2 major Face to face research campaigns • 40 C-level face to face interview • 4 Executive dinners - 50 CxO guests • 4 Strategy guides • 4 Industry event speaking opportunities • 2 Customer videos • 26 blogs • Mitie Debates website forum - 1,000+ followers • PR and social media coverage

£100m+ revenue potential

Set strategy

How long is the buying cycle?

Concept -> purchase time halved!

Finalise strategy

Decide tactics

Evaluate options

Procure

18 months

10 months

Normal Buying cycle

‘C-Level’ engaged

Source: IDC Customer Experience Survey 2011

Marketing’s about to get a lot more costly

Peter Smith Practice Leader The Marketing Doctors !www.marketingdoctors.co.uk

…and a lot more rewarding

“The  biggest  challenge  for  technologists  is  to  solve  the  Man/Machine  interface    !“Once  we  do  that  we  unlock  the  unlimited  potential  of  technology  to  totally  change  the  human  condition.”  !

Professor  Rob  Anderson,  Head  of  Xerox  EuroParc  

Cambridge  January  2003

!“ …about that white paper…”

“I get so fed up with people sending me the same recycled c**p in a different format. !Your team wouldn't do that. !Would they?”