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Successful
Marketing in a
Digital World
Accelerom AG
Research Series
05/2014
There are two
key current
developments
Customers: Information-seeking and purchasing
behavior, as well as media use, have radically chan-
ged across all age groups in the last few years. Both
in the private and the business spheres. Customers
are better informed than ever, and are constantly
communicating, everywhere, through a huge variety
of online and offline touchpoints.
Technology: Cloud computing, mobile apps and
social media. Recently treated just as isolated tech-
nologies, today these are fundamentally altering
the rules. Disruptive new business models suddenly
appear, which can generate substantially more ad-
ded value at just a tenth of the costs, while offering
customers clearly greater benefits.
Ongoing digitalization is
affecting almost every company
If they want to offer customers a consistent, brand-
typical experience and excellent service in future,
successful companies will have to restructure every
area of market development: marketing, sales and
communication.
«How can we control and target our marketing
during the digital transformation based on a firm
foundation for planning and decision-making?»
The digital
transformation
The digital transformation is the re-orienta-
tion of the business model to fit the digital age, in
order to increase reach and operational success,
and improve contact with customers. Orienting a
company’s marketing strategy, organization and
processes towards digital customers ensures that the
brand experience and service are optimally desig-
ned throughout each phase of the information and
purchasing processes.
If You Can’t Measure It, You Can’t Improve It
Despite, and even because of, the current flood of
data, most decision-makers find it impossible to
gather business-relevant knowledge from individu-
al data sets, let alone use this to precisely manage
strategies, activities and investments.
Traditional methods and measurement tools run up
against their limits when trying to create a com-
prehensive picture of customer behavior in a multi-
channel world. At most they only show a small slice
of reality – and they are unable to capture very much
of new developments. Questions like: “What touch-
points do customers really use?” and “How impor-
tant are these?”, remain unanswered.
«How can we communicate and interact with our
customers today and tomorrow in ways that are
fast, relevant and cost-effective?»
«And what activities should we stop, since they
contribute very little to success, and generate un-
necessary complexity?»
«The digital revolution is in full swing in
the B2B market. It opens up completely
new opportunities to communicate with
clients, bring 360° Customer Relation-
ship Marketing to life, and interconnect
individual touchpoints even better.»
André von Steiger, Managing Director Unilever
Food Solutions – Manufacturer for the restau-
rant, catering, and food wholesaler trades
Example 1
Less is more –
even in multichannel management
Initial situation: A national retailer wished to better exploit existing sales potential in the catchment areas
around its stores and increase customer loyalty. Using an optimal marketing mix, the aim was to address
more target individuals and raise customer purchase frequency. A touchpoint audit revealed that the compa-
ny currently used 31 touchpoints.
Actions
-- Determined the optimal marketing mix of 23
touchpoints, while maintaining mix reach (total
audience)
-- Removed 8 low-impact individual touchpoints
-- Increased the budget for key activities in order to
reach the efficiency threshold
Success
 Market share
 Satisfaction with service
 Customer purchase frequency
Measurable and comparable touchpoint
management helps managers maintain an
overview and take decisions faster
Over 100. Even mid-sized companies manage
well over 100 touchpoints today.
6 out of 10. Only six out of ten touchpoints
are assessed by companies (inside-out perspecti-
ve) the same as they are by customers (outside-in
perspective).
30%. Marketing performance can be increased
by up to 30% when driven by total company focus
and interconnectedness.
17. On average, each client buying a product or
service comes into contact with 17 touchpoints
(see 360TEV, Swiss Shopper study).
1+1=3. Synergies can be used by looking at
combinations of different touchpoints along the
customer journey (total audience measurement).
 Source: Accelerom
How to manage logically in a
multichannel world
Step 1: Understand where your customers are
The multichannel customer journey identifies
every point of contact by a customer with a
product, service, or brand during all phases
of the purchase process. Online and offline.
The path from activation to purchase and lo-
yalty passes though different touchpoints
in all categories:
-- owned (blue)
-- paid (red)
-- earned (green)
«The basis of our success is transparen-
cy on the needs of our clients and their
satisfaction. Thanks to insights from
touchpoint analysis, we are able to syste-
matically improve the client experience.»
Rena Seiler, Head of Marketing Zurich Muni-
cipal Electric Utility (ewz) – Market and Custo-
mers
Step 2: Be where your customers are
The optimal marketing mix is calculated so that it
matches the customer journey of the target group.
Up to 100 different touchpoints are surveyed.
The matrix shows the tools with the stron-
gest and weakest impacts
-- Blue touchpoints make up the optimal mix. These
anchor the brand experience positively in people’s
minds and promote sales.
-- Gray touchpoints are only used by certain target
groups and are suitable for specific strategies.
-- Red touchpoints have little impact and are not
used by any target groups. They generate wasta-
ge.
«The optimal marketing mix lets us invest
at the right time in the right activities
and successfully adjust to the current
market environment. From brand ma-
nagement to sales point.»
Jérôme Gilg, CEO Jumbo-Markt AG - Swiss DIY
company
Example 2
Win new customers with the
right touchpoints
Initial situation: An energy service firm in the open European market was pleased with its excellent brand
image and high level of client satisfaction. However, it was falling behind the competition in terms of new
customer acquisition: the brand was seldom considered by potential customers.
Actions
-- Ran customer journey analysis for new customer
acquisition, with comparisons of the competition
at touchpoints (benchmarking)
-- Closed implementation and performance gaps
-- Optimized the marketing mix and contact costs
SUCCESS
 Market share
 New client acquisition
 Price per thousand contacts (CPM)
reduced by 30%
Data quality and the company’s
unique business knowledge become
decisive competitive advantages
for mastering change
Looking at tools or media in isolation leads to false
conclusions. It takes a standardized unit of measure-
ment to compare activities, tools and media.
In a networked, multichannel world, the challenge
is to precisely assess combinations of touchpoints.
Total audience measurement is used to control the
mix of activities in marketing, sales, communication
and service for each individual company.
Comprehensive
management covers
all touchpoints
Owned: Touchpoints that belong to the company
and whose messages can be totally controlled, e.g.
website, mobile app, client magazine.
Paid: Touchpoints that share content against pay-
ment and whose messages can be controlled, e.g.
advertisements, posters, TV spots, sponsoring.
Earned: Touchpoints that spread messages wit-
hout the direct influence of the company, e.g. price
comparison portals, personal recommendations,
information on social networks.
«Playing out mix scenarios makes it considerably
easier to plan strategies and campaigns. We use
this not only to work out the media mix, but also to
simultaneously calculate the contact costs. From
advertising to POS.»
Andrys Aardema, Head of Marketing Switzerland,
Rivella AG -Swiss soft-drink manufacturer
Simple and easy to understand visuals of complex
connections speed up the process of implemen-
tation. When the whole company focuses on the
customer perspective, this supports common
understanding across all divisions, and significantly
strengthens interdisciplinary cooperation.
Example 3
Strengthen market position
with a new generation of purchasers
Initial situation: A financial services provider wished to direct its marketing in a more concentrated man-
ner at the new generation of purchasers: the mobile omnichannel client. One of the central challenges was to
achieve this change while using the same budget. The percentage values in the touchpoint matrix show the
initial budget allocation per quadrant.
Actions
-- Determined the optimal marketing mix and cur-
rent budget allocation
-- Developed a two-year plan for transformation ma-
nagement, including quick wins and innovations
-- Ensured more effective budget allocation
Success
 Market position
 ROI marketing mix
 Reduced operational complexity
Example 4
Use brand positioning
to leverage growth
Initial situatioN: The new brand positioning of a consumer goods provider needed to be locally and inter-
nationally anchored in order to exploit the growth opportunities offered. The brand experience at the rele-
vant touchpoints had to be directed towards two core target groups, and target group proximity strengthe-
ned through innovative design options.
Actions
-- Developed a precise target-group segmentation
model
-- Established target group affinities at touchpoints,
to strengthen customer proximity
-- Implemented target group strategies and reduced
less effective activities
Success
 Market position among new target group
 Brand-typical client experience
 Reduced operational complexity
Summary
Professional touchpoint management
creates transparency regarding
effectiveness quickly, easily, measurably
and trackably
The multichannel customer journey shows the (potential)
customer’s path at a glance. It enables optimal orchestration of
all activities: owned, paid and earned touchpoints, online and
offline.
The optimal marketing mix identifies the right activities and
tools needed to cover the customer journey of the target group. It
anchors the brand experience positively and promotes sales.
Marketing mix modelling: A planning and modelling platform
allows company-specific strategies and campaigns to be calcula-
ted in real time. Even media plans and service performance can
be assessed touchpoint by touchpoint.
ROI maximization: Investment analysis shows the mix scenario
with the highest return-on-investment in marketing, sales, com-
munication, media and service.
Future mix: The client’s data permits calculation of the effects
of digitalization on the company. The success factors are clearly
laid out for decision-makers.
Accelerom is an international consultancy specialized in comprehensive marketing and brand management.
We have been combining management practice, cross-media market research and cutting edge analysis and
visualization technologies for well over a decade. From analysis of the “best solution” to implementation, we
support clients in a range of different industries on questions relating to marketing performance. The core of
our work is the maximization of efficiency and effectiveness in the following areas:
-- Marketing
-- Brand management
-- Innovation and transformation
-- Investment management
With our innovative, scientifically proven 360°TOUCHPOINT®
concept, Accelerom is a recognized thought-
leader for comprehensive, measurable touchpoint management. Our services included touchpoint audits,
touchpoint analysis, touchpoint tracking, and brand experience strategies.
© Accelerom AG – Christoph Spengler, Isabel Imper, Jeannine Egi, Marie-Theres Hosp, Dominic Illi.
Proven in practice: Our clients range from mid-sized compa-
nies to multinationals, in the Fortune Global 500 and the public
sector – local and international, B2C and B2B.
Scientifically validated: Accelerom cooperates in research
and practical projects in the area of touchpoint management with
the Institute of Mass Communication and Media Research at the
University of Zurich (IPMZ).
Acknowledged innovation: Accelerom works on research
initiatives with the Swiss Commission for Technology and Inno-
vation. Together with partners from the worlds of academia and
business, we are continuously developing our unique cross-media
analysis methodologies and innovative management tools.
neutral
Drucksache
No. 01-14-130739 – www.myclimate.org
© myclimate – The Climate Protection Partnership
PERFORMANCE
GfM Research Series
Working with experts from academia and
business, GfM plays a leading role in re-
search on market-oriented corporate ma-
nagement in Switzerland. GfM members
receive the most important results from
GfM-supported research projects in our pub-
lication «GfM Research Series».
01/2013	 Key Trends 2013
02/2013	 Have, Get, Be
03/2013	 Pricing Power
04/2013	Crowdsourcing
05/2013	 Turbulent Times for CMOs
06/2013	 Social Currency
01/2014	 Trend-Report 2014
02/2014	 Industry Revolutions via New Business Models
03/2014	 Meeting the Challenge
04/2014	 Hidden Champions Switzerland
Follow this link: http://www.gfm.ch/de/forschung/forschungsreihe/ to download
the GfM Research Series from last year free of charge.
GfM Swiss Marketing Society, Löwenstrasse 55, 8001 Zurich
Telephone +41 (0)44 202 34 25, Fax +41 (0)44 281 13 30, www.gfm.ch, info@gfm.ch

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Successful Marketing in a Digital World - GfM Research Series

  • 1. Successful Marketing in a Digital World Accelerom AG Research Series 05/2014
  • 2. There are two key current developments Customers: Information-seeking and purchasing behavior, as well as media use, have radically chan- ged across all age groups in the last few years. Both in the private and the business spheres. Customers are better informed than ever, and are constantly communicating, everywhere, through a huge variety of online and offline touchpoints. Technology: Cloud computing, mobile apps and social media. Recently treated just as isolated tech- nologies, today these are fundamentally altering the rules. Disruptive new business models suddenly appear, which can generate substantially more ad- ded value at just a tenth of the costs, while offering customers clearly greater benefits. Ongoing digitalization is affecting almost every company If they want to offer customers a consistent, brand- typical experience and excellent service in future, successful companies will have to restructure every area of market development: marketing, sales and communication. «How can we control and target our marketing during the digital transformation based on a firm foundation for planning and decision-making?»
  • 3. The digital transformation The digital transformation is the re-orienta- tion of the business model to fit the digital age, in order to increase reach and operational success, and improve contact with customers. Orienting a company’s marketing strategy, organization and processes towards digital customers ensures that the brand experience and service are optimally desig- ned throughout each phase of the information and purchasing processes. If You Can’t Measure It, You Can’t Improve It Despite, and even because of, the current flood of data, most decision-makers find it impossible to gather business-relevant knowledge from individu- al data sets, let alone use this to precisely manage strategies, activities and investments. Traditional methods and measurement tools run up against their limits when trying to create a com- prehensive picture of customer behavior in a multi- channel world. At most they only show a small slice of reality – and they are unable to capture very much of new developments. Questions like: “What touch- points do customers really use?” and “How impor- tant are these?”, remain unanswered. «How can we communicate and interact with our customers today and tomorrow in ways that are fast, relevant and cost-effective?» «And what activities should we stop, since they contribute very little to success, and generate un- necessary complexity?» «The digital revolution is in full swing in the B2B market. It opens up completely new opportunities to communicate with clients, bring 360° Customer Relation- ship Marketing to life, and interconnect individual touchpoints even better.» André von Steiger, Managing Director Unilever Food Solutions – Manufacturer for the restau- rant, catering, and food wholesaler trades
  • 4. Example 1 Less is more – even in multichannel management Initial situation: A national retailer wished to better exploit existing sales potential in the catchment areas around its stores and increase customer loyalty. Using an optimal marketing mix, the aim was to address more target individuals and raise customer purchase frequency. A touchpoint audit revealed that the compa- ny currently used 31 touchpoints. Actions -- Determined the optimal marketing mix of 23 touchpoints, while maintaining mix reach (total audience) -- Removed 8 low-impact individual touchpoints -- Increased the budget for key activities in order to reach the efficiency threshold Success  Market share  Satisfaction with service  Customer purchase frequency
  • 5. Measurable and comparable touchpoint management helps managers maintain an overview and take decisions faster Over 100. Even mid-sized companies manage well over 100 touchpoints today. 6 out of 10. Only six out of ten touchpoints are assessed by companies (inside-out perspecti- ve) the same as they are by customers (outside-in perspective). 30%. Marketing performance can be increased by up to 30% when driven by total company focus and interconnectedness. 17. On average, each client buying a product or service comes into contact with 17 touchpoints (see 360TEV, Swiss Shopper study). 1+1=3. Synergies can be used by looking at combinations of different touchpoints along the customer journey (total audience measurement). Source: Accelerom
  • 6. How to manage logically in a multichannel world Step 1: Understand where your customers are The multichannel customer journey identifies every point of contact by a customer with a product, service, or brand during all phases of the purchase process. Online and offline. The path from activation to purchase and lo- yalty passes though different touchpoints in all categories: -- owned (blue) -- paid (red) -- earned (green) «The basis of our success is transparen- cy on the needs of our clients and their satisfaction. Thanks to insights from touchpoint analysis, we are able to syste- matically improve the client experience.» Rena Seiler, Head of Marketing Zurich Muni- cipal Electric Utility (ewz) – Market and Custo- mers
  • 7. Step 2: Be where your customers are The optimal marketing mix is calculated so that it matches the customer journey of the target group. Up to 100 different touchpoints are surveyed. The matrix shows the tools with the stron- gest and weakest impacts -- Blue touchpoints make up the optimal mix. These anchor the brand experience positively in people’s minds and promote sales. -- Gray touchpoints are only used by certain target groups and are suitable for specific strategies. -- Red touchpoints have little impact and are not used by any target groups. They generate wasta- ge. «The optimal marketing mix lets us invest at the right time in the right activities and successfully adjust to the current market environment. From brand ma- nagement to sales point.» Jérôme Gilg, CEO Jumbo-Markt AG - Swiss DIY company
  • 8. Example 2 Win new customers with the right touchpoints Initial situation: An energy service firm in the open European market was pleased with its excellent brand image and high level of client satisfaction. However, it was falling behind the competition in terms of new customer acquisition: the brand was seldom considered by potential customers. Actions -- Ran customer journey analysis for new customer acquisition, with comparisons of the competition at touchpoints (benchmarking) -- Closed implementation and performance gaps -- Optimized the marketing mix and contact costs SUCCESS  Market share  New client acquisition  Price per thousand contacts (CPM) reduced by 30%
  • 9. Data quality and the company’s unique business knowledge become decisive competitive advantages for mastering change Looking at tools or media in isolation leads to false conclusions. It takes a standardized unit of measure- ment to compare activities, tools and media. In a networked, multichannel world, the challenge is to precisely assess combinations of touchpoints. Total audience measurement is used to control the mix of activities in marketing, sales, communication and service for each individual company. Comprehensive management covers all touchpoints Owned: Touchpoints that belong to the company and whose messages can be totally controlled, e.g. website, mobile app, client magazine. Paid: Touchpoints that share content against pay- ment and whose messages can be controlled, e.g. advertisements, posters, TV spots, sponsoring. Earned: Touchpoints that spread messages wit- hout the direct influence of the company, e.g. price comparison portals, personal recommendations, information on social networks. «Playing out mix scenarios makes it considerably easier to plan strategies and campaigns. We use this not only to work out the media mix, but also to simultaneously calculate the contact costs. From advertising to POS.» Andrys Aardema, Head of Marketing Switzerland, Rivella AG -Swiss soft-drink manufacturer Simple and easy to understand visuals of complex connections speed up the process of implemen- tation. When the whole company focuses on the customer perspective, this supports common understanding across all divisions, and significantly strengthens interdisciplinary cooperation.
  • 10. Example 3 Strengthen market position with a new generation of purchasers Initial situation: A financial services provider wished to direct its marketing in a more concentrated man- ner at the new generation of purchasers: the mobile omnichannel client. One of the central challenges was to achieve this change while using the same budget. The percentage values in the touchpoint matrix show the initial budget allocation per quadrant. Actions -- Determined the optimal marketing mix and cur- rent budget allocation -- Developed a two-year plan for transformation ma- nagement, including quick wins and innovations -- Ensured more effective budget allocation Success  Market position  ROI marketing mix  Reduced operational complexity
  • 11. Example 4 Use brand positioning to leverage growth Initial situatioN: The new brand positioning of a consumer goods provider needed to be locally and inter- nationally anchored in order to exploit the growth opportunities offered. The brand experience at the rele- vant touchpoints had to be directed towards two core target groups, and target group proximity strengthe- ned through innovative design options. Actions -- Developed a precise target-group segmentation model -- Established target group affinities at touchpoints, to strengthen customer proximity -- Implemented target group strategies and reduced less effective activities Success  Market position among new target group  Brand-typical client experience  Reduced operational complexity
  • 12. Summary Professional touchpoint management creates transparency regarding effectiveness quickly, easily, measurably and trackably The multichannel customer journey shows the (potential) customer’s path at a glance. It enables optimal orchestration of all activities: owned, paid and earned touchpoints, online and offline. The optimal marketing mix identifies the right activities and tools needed to cover the customer journey of the target group. It anchors the brand experience positively and promotes sales. Marketing mix modelling: A planning and modelling platform allows company-specific strategies and campaigns to be calcula- ted in real time. Even media plans and service performance can be assessed touchpoint by touchpoint. ROI maximization: Investment analysis shows the mix scenario with the highest return-on-investment in marketing, sales, com- munication, media and service. Future mix: The client’s data permits calculation of the effects of digitalization on the company. The success factors are clearly laid out for decision-makers.
  • 13. Accelerom is an international consultancy specialized in comprehensive marketing and brand management. We have been combining management practice, cross-media market research and cutting edge analysis and visualization technologies for well over a decade. From analysis of the “best solution” to implementation, we support clients in a range of different industries on questions relating to marketing performance. The core of our work is the maximization of efficiency and effectiveness in the following areas: -- Marketing -- Brand management -- Innovation and transformation -- Investment management With our innovative, scientifically proven 360°TOUCHPOINT® concept, Accelerom is a recognized thought- leader for comprehensive, measurable touchpoint management. Our services included touchpoint audits, touchpoint analysis, touchpoint tracking, and brand experience strategies. © Accelerom AG – Christoph Spengler, Isabel Imper, Jeannine Egi, Marie-Theres Hosp, Dominic Illi. Proven in practice: Our clients range from mid-sized compa- nies to multinationals, in the Fortune Global 500 and the public sector – local and international, B2C and B2B. Scientifically validated: Accelerom cooperates in research and practical projects in the area of touchpoint management with the Institute of Mass Communication and Media Research at the University of Zurich (IPMZ). Acknowledged innovation: Accelerom works on research initiatives with the Swiss Commission for Technology and Inno- vation. Together with partners from the worlds of academia and business, we are continuously developing our unique cross-media analysis methodologies and innovative management tools. neutral Drucksache No. 01-14-130739 – www.myclimate.org © myclimate – The Climate Protection Partnership PERFORMANCE
  • 14. GfM Research Series Working with experts from academia and business, GfM plays a leading role in re- search on market-oriented corporate ma- nagement in Switzerland. GfM members receive the most important results from GfM-supported research projects in our pub- lication «GfM Research Series». 01/2013 Key Trends 2013 02/2013 Have, Get, Be 03/2013 Pricing Power 04/2013 Crowdsourcing 05/2013 Turbulent Times for CMOs 06/2013 Social Currency 01/2014 Trend-Report 2014 02/2014 Industry Revolutions via New Business Models 03/2014 Meeting the Challenge 04/2014 Hidden Champions Switzerland Follow this link: http://www.gfm.ch/de/forschung/forschungsreihe/ to download the GfM Research Series from last year free of charge. GfM Swiss Marketing Society, Löwenstrasse 55, 8001 Zurich Telephone +41 (0)44 202 34 25, Fax +41 (0)44 281 13 30, www.gfm.ch, info@gfm.ch