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Cross-media marketing:
Cross media marketing is a form of cross-promotion in which promotional
companies commit to surpassing the traditional advertisements and decide to
include extra appeals to their offered products. The material can be communicated
by any mass media such as e-mails, letters, web pages, or other recruiting sources.
This method can be extremely successful for publishers because the marketing
increases the ads profit from a single advertiser. Furthermore, this tactic generates a
good liaison between the advertiser and the publisher, which also boosts the profits.
One of the first steps to integrate cross media tactics effectively into a specific project
is to evaluate and examine a customers preferences.
Customized Offers:
For mail, companies use the information collected from their customer analysis to
provide the individuals with personalized letters or upcoming offers. On the internet,
customization permits users to have access to exclusive messaging. In addition, the
VDP assists the marketing process by talking to each specific group of customers
and giving them personal attention rather than treating them all the same way. This
consumer and company process is very common in large online retailers such as
Amazon.com. The more personalized an offer is to the target audience; the more
prone they are to react positively.[5]
Some of the data that can be investigated to strengthen personalizing the offer
includes:
Problems
One of the major problems with cross-media marketing is the creative development
level. Getting one group to collectively use their creativity and communicate with the
other areas of work is very difficult when one team is working on television, another
is involved in designing the print creative, another is developing radio ads, and yet
another is putting together the Internet program. Although the messaging elements
are not very hard to compose, creating a campaign that is completely mutually
dependent, with each branch of the project fulfilling their task, is quite impossible
when the creative teams are split. Therefore, to achieve some sort of cohesion,
teams must communicate and corporate with each branch.
Cross Media Marketing Corporation and Lawsuits
The Cross Media Marketing Corporation is a company uses e-mail messages or
telephone calls, which are personalized to each specific customer, to sell their
product. In 2002, federal regulators filed a criticism that the corporations magazine
division was breaching marketing regulations. The Federal Trade Commission
stepped in and claimed the company withheld information, misrepresented
subscription lengths and prices, and billed customers for magazines that they did not
order.
when they are not with you? What products or services do they need that are related
to what you provide?
To find the answers to these questions, use surveys and focus groups to research
customer trends in your industry, including possible trade association reports.
2. Identify businesses that target similar customers. Make a list of businesses
whose customers share some of the same characteristics as your customer base.
Be creative. For example, a health club might find a restaurant offering a health
conscious menu and serving a similar income level of clientele to be an ideal
potential cross-promotional partner.
To identify those businesses, consider: Are many of your customers movie goers?
Do they frequent art galleries? Engage in outdoor sports? Support charitable
causes?
3. Find benefits for everyone involved. When you discuss cross-promotional
marketing with a potential partner, make sure that there will be something there for
everybody. For example: Begin with a contest, using each others products or
services as the prizes. Each business would benefit from the contact list generated
from those who enter the drawing.