Monthly Archives: November 2012

Email is King?

mailchimp

According to Mark Zuckerberg, ‘email is dead’ or so he said in 2010.

So, if email is on the way out, what’s coming to replace it?

To Zuckerberg, SMS is the way forward, young people “want something more immediate”. Others suggest that young, hip and cool social media platforms such as Facebook and Twitter will replace our old reliable, 41 year old email. However, David Coplin, director of search at Microsoft UK, would agrue that the rise of the SMS and social media does not have to signal the nail in the coffin for email. He refers to it as being ‘the shiny penny syndrome’, when a new technology enters the market, there is the ideology that the old needs must be ushered off the stage to make room. In reality however, this tends not to be the case.

So, taking a look at the situation in Ireland…

In 2011 an online marketing survey carried out by Amas found that within the Irish industry, 67% preferred to use email marketing over other online formats. Evidence would suggest that the appeal of the email is that it is low in cost and high in conversions. In my own experience within the NGO sector, the appeal is obvious;

1. It’s a hell of a lot cheaper

Within the charity sector, it is often required that you work within a shoestring budget for any given campaign. So, to be able to use MailChimp (a free online email marketing solution to send emails and track results) versus the cost of paid advertising is an advantage. Once you have no more than 2,000 subscribers across all lists in your account at any one time, you can send up to 12,000 emails per month.       

2. A/B testing is totally groovy

MailChimp offers ‘A/B testing’, allowing you to first test the success rate of you email campaign in relation to; what ‘from name’ you should use, what subject line works best, what day of the week gets you better open rates and what time of day generates the most clicks. This allows you to assess which option works best for optimal results before going ahead with your campaign. Compare this to traditional methods such as direct mailing or billboard advertising which, once out there, they are really out there…

billboard

3. It’s waaay easier to track results

MailChimp records opens and clicks and they have Google Analytics integration which gives detailed stats on how your campaign is influencing traffic to your website as well as the ability to analyse ROI, conversion rates and revenue created.

mailchimp analytics

So there you have it, email is still alive and kicking, for now.

Advertisements

The Sex Appeal in Paid Media

satc-hunk

In 2003, Absolut Vodka, the 3rd largest international spirit in the world, had the writers of Sex and the City create an entire episode around a fictional cocktail, the ‘Absolut Hunk’ in a bid to increase sales in New York. The episode featured a fictional advertising campaign whereby the flesh and blood ‘Absolut Hunk’ appeared naked on billboards and posters across the city except for a strategically place bottle of Absolut- a clever use of paid placement advertising.

However, assuming you are NOT the 3rd largest liquor company in the world, can you imagine trying to justify that kind of media spend to your stakeholders??

Forward to 2012, nearly a decade on and in Ireland you will find that paid media within the digital sphere is stealing all the appeal. Why? According to IAB/PwC, 80% of all Irish people are online. It would seem advertisers are taking note, with a 12.8% increase in online advertising spend in the first half of 2012. This is in contrast to a 6.7% decrease in traditional media spending in the same period. According to IAB Ireland chief executive Suzanne McElligott, these figures reflect the fundamental role that online now plays within Irish marketing campaigns;

“Irish advertisers are increasingly devoting more budget online and using digital to engage more meaningfully with their audience” 

Advertisers are doing so through the use of banner ads, paid search and sponsorships. However it is essential to have a media buying plan in place which allows you to identify your target audience and how to obtain the greatest reach. A useful and free measuring tool for this is Google Adplanner, which allows advertisers to establish traffic (unique visitiors, reach, impressions) and audience information (age,gender) to websites which they may wish to advertise on. Important to note however is that it only includes domains which are part of the Google Display Network (You Tube, Google partnering websites, and other Google properties). The below image illustrates the statistics that Google Adplanner has to offer, allowing advertisers to strategically justify such media spend. Phew!

google adplanner edit