Entries by Darren Stevens

When Adidas compares TV advertising to the fax – should we all listen?

Marketing Week Magazine has this week reported on the fact that the snappily titled Adidas “global head of digital ecosystem design” David Greenfield, has compared TV advertising to the fax. Clearly a damming and unwelcome comparison for TV advertising, but is it a viewpoint that all marketers should listen to?

According to Thinkbox (the marketing body for commercial TV in the UK), TV advertising revenue in the UK totalled £5.27 billion in 2015, up 7.4% on 2014. This is the sixth consecutive year that TV advertising revenue has grown in the UK. Forecasts suggest however that digital advertising will overtake TV advertising for the first time in 2017.

TV viewing figures are also on the up, with first half of 2016 figures showing that commercial TV viewing on TV sets had increased for individuals, ABC1 adults and 16-34s.

Yes, the TV market and the way in which we consume media means that audiences are fragmented, but this has also brought TV advertising into the reach of many brands that could not have otherwise considered it. The fragmentation has enabled talented media types to really focus targeting on the desired audience and technological innovation means personalised ads are becoming a reality.

David Greenfield though didn’t hold back with his views – “Of course TV still has a place but the fax machine still has a place too and I’m not about to create a fax machine marketing strategy. Digital is the most relevant channel for our audience.” This viewpoint led the brand to concentrate its spend on social media marketing rather than TV.

Does TV advertising still have a place? I would suggest the answer to this is yes, but it will have to continue fight a rearguard action and innovate to mimic further the targeting and measurement capabilities of digital marketing. TV can be great for brand awareness and direct response, but will always be innaccessible for many and struggle to match the flexibility and speed of movement possible with digital marketing.

We live in interesting times when it comes to the options available to businesses and their marketing budgets. The basic fundamentals do not change though. Any Marketing will struggle unless you are clear on who is your target audience and what your proposition is. Businesses can also improve the chances of making the right choices by making sure that they have the measurements in place to understand where business is coming from. Anyone in need of a fax marketing strategy? Perhaps not.

Is there such a thing as too much marketing?

It might come as something of a surprise to hear a Marketing business say this, but in our opinion the answer to this question is most definitely yes.

The most obvious reason for this is a business or organisation’s ability to service the business or level of business that marketing has generated. If you cannot supply whatever demand marketing has generated then there will clearly be wasted effort and expense. If customers cannot get through to you or fail to get a response then not only do you lose out on that business, but you are also putting at risk your reputation and repeat business if the enquirer was an existing business.

Many businesses have excellent sales processes that when you view them, have a faultless process for handling enquiries, logging them and following them up appropriately. But ask yourself the question, is this always the case or when volumes pick up, do you ever fail to log the source of an enquiry or do enquiries fall through the cracks.

It is by no means easy, but in an ideal world Marketing should be aiming to deliver exactly the right amount of business (particularly difficult in markets that are seasonal). Generate too little interest and you might fail to meet your targets, generate too much and there is the wastage already referred to. A good starting point here though is to ensure that your targets are broken down into monthly targets for leads, enquiries, opportunities and sales. That way you have a sound basis for tracking projected versus actual performance and you will detect changes in overall levels, but also in conversion rates and average transaction levels.

So there really can be too much of a good thing, even marketing ……

If you would like us to review your Marketing to determine whether or not you are doing the right amount, then please contact us.

Prestbury Marketing renew sponsorship of Gloucester-Hartpury Women’s Rugby Club

Prestbury Marketing have renewed their sponsorship of the Gloucester-Hartpury Women’s Rugby Club.

Established in 2014 the joint Gloucester-Hartpury Women’s side have previously won the Women’s National Junior Cup. They finished in second spot in National Championship Midlands Two in their first season in that league and their ultimate ambition is to compete in the Women’s Premiership.

Darren Stevens from Prestbury Marketing commented on the sponsorship:

“We are big supporters of local rugby and Gloucester Rugby in particular and this combined with our close association with Hartpury College made this an easy decision to renew our sponsorship. We think the team have a big future and we are pleased to play our own small part in supporting them. We look forward to following their success and wish them all the best for the forthcoming season”.

You can learn more about the Gloucester-Hartpury WRFC from their Facebook page.

Questions to ask yourself if you think your marketing is not working

When we meet new or potential clients, we more often than not hear a list of marketing “things” that a firm has done, swiftly followed by the comment that “none of them worked”. We thought in the light of this we would share some questions to ask yourself if you find yourself in a similar position.

1. Are you sure that it did not work? Do you measure and track enquiries and sales and religiously ask where somebody heard of you and log it. If you have physical premises do you track footfall or have you reviewed your google analytics to see if there has been any impact i.e. a spike in visits or an increase in direct traffic if your marketing was offline.

2. By what measures are you evaluating the success? What had you expected to achieve and on what basis was this figure arrived at? Were your expectations reasonable and rational – say perhaps based upon past results?

3. Were you targeting the right customer? Have you defined your target audience and did the marketing you are reviewing reach that audience?

4. Was there an appropriate call to action? For Marketing to work it needs to take the potential customer through the four steps of AIDA (getting Attention, creating Interest and a Desire and then taking Action). If your marketing “only” took the potential customer through the first three of these steps there may be a residual benefit in that you have raised awareness.

5. Was there sufficient repetition? It is a big ask to expect one form of marketing to lead to a sale, when the recipient hasn’t heard of your business before.

This list is not exhaustive, but hopefully it has given you food for thought. If you would like us to explore this in some more detail with you, please do not hesitate to get in touch.

Or alternatively you may find our page on Marketing Audits to be of interest.

Highlighting our wares

The Gloucestershire Business Show is here a second year and Prestbury Marketing are excited to be heading to the racecourse this Wednesday and Thursday to speak to local businesses. ‘The show is a great local event to network and meet local companies just like us’ said Darren Stevens, Marketing Consultant and Managing Director of Prestbury Marketing. […]

Practicing what we preach

Prestbury Marketing are excited to be launching their new website today. The site is the result of months of hard work and hours of writing content, establishing the SEO, case studies and trialling different options. It highlights the successes of Prestbury Marketing, offers hints and tips to support customers and demonstrates how they offer an […]

Prestbury Marketing to sponsor Cheltenham Challenge

Prestbury Marketing is to sponsor the running bibs for this year’s Cheltenham Challenge. Since being taken on as an event by County Community Projects, the event has gone from strength to strength, attracting thousands of participants who complete a variety of distances. The event raises money dozens of local and national causes. Darren Stevens from […]