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 […]

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. ‘It gives us the opportunity to show how we work and what an impact we can actually have to your bottom line. It’s also useful to talk to businesses from Gloucestershire to see what issues they are facing and if the challenges are similar to ours, it’s an enjoyable although long couple of days’.

Alongside the exhibition there is also a number of seminars and workshops, networking and meeting hubs so plenty going on.

If you are in the area, come and meet Darren and the team on the stand and enjoy a chat and perhaps a coffee with us!

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 innovative way to resource your marketing and to grow your business.

Jenny Jervis, Marketing Consultant at Prestbury Marketing said ‘We’re really pleased to have the new site up and running, it finally feels like we can showcase the business more effectively. The site has needed a revamp for a while but we’ve struggled for time, like most SME businesses. Now it finally feels like we’re practicing what we preach and have got our own house in order, like we tell clients to!’

With an expanding team at Prestbury Marketing, the site is another step forward as the company grows and the number of businesses they are supporting is increasing rapidly. The team are now looking forward to meeting local companies at the Gloucestershire Business Show this week.

We would like to thank the team at AM PM for all their help with the website.

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 […]