Welcome to Inside 50



So why I have called my blog "Inside 50"?

Well for those of you who follow Australian Rules Football (AFL) you already know when your team gets the ball inside 50 metres from goal - your chances of scoring are increased. A key measure of how well a team has performed is the number of time the team has moved inside 50.

In business and in life, my aim is to get myself in a scoring position, and that can only happen from "Inside 50". This blog is all about sharing my ideas and experience to help you get yourself and your business in a position to score that winning goal! With over 20 years as a sales and marketing professional across many industries and a variety of businesses - it's fair to say I have seen the good the bad and the ugly.

I hope you find these insights useful for marketing and selling your ideas, your busines and yourself to get you "Inside 50" - once you're there the rest is up to you!

Thanks for visiting and please follow me on Twitter @GP6 for regular musings and interesting items.

GP

Thursday 18 August 2011

10 things I learned from the ADMA Forum 2011

Well another ADMA forum is over and while navigating my way back to Melbourne I reflected on what I had learned in the past 2 days participating in the ADMA Forum for 2011.  

1.     Digital marketing evangelists still promote digital as a replacement to off-line marketing channels instead of being complementary.   They need to think broader!

2.     Social media is the mostly hotly discussed channel, presenting significant opportunity and risk for marketers.

3.     Brian Featherstonhaugh is a legend.

4.     I am hopeless at trying to manage cutlery, a drink and a plate of food at a stand up luncheon.

5.     Multichannel marketing poses a number of challenges for marketers – particularly in the areas of creating the right recipe of channels for a winning campaign and then measuring performance.

6.     Direct marketers know how to enjoy a cocktail party!

7.     Measuring ROI is one of the most important issues facing marketers and marketing attribution techniques are still developing.

8.     Portuguese Custard Tarts are freaking awesome! (To be honest I already knew this but it was important enough that I felt it needed to be restated.)                  

9.     No matter how much you think you know; there is always something new to learn.

10.   ADMA is going to continue engaging with the industry and seeking new ways to increase the value it provides to members, which can only be a good thing.

Thanks to the team at ADMA, the presenters, the tweeters, the questioners and all the sponsors who contributed to putting on a good conference.

See you next year!

GP


Monday 15 August 2011

Marketing Attribution at ADMA Forum 2011


With the ADMA Forum kicking off today I reflected back on some of the other ADMA forums I’ve attended in years gone by.  This year the hot topic is multichannel marketing and understanding how to get the mix right so marketers can maximise return on investment.

I’m not sure the essence of this forum is that different from previous forums.  As direct marketers we have always been multichannel – just we didn’t have quote so many to use or manage as we do today.  There is no questioning that on-line channels have added a new dimension to direct marketing, but they haven’t changed the goal.

The energy and discussion on how to integrate on-line into the marketing mix is enormous.  We are even seeing some marketers suggesting they will move all their marketing to on-line away from the more traditional off-line channels to market.

What the?  Surely such suggestions are nothing more than emotional and rash responses driven by frustrations with the lack speed and measurability with off line channels that the new exciting (and sometimes cheaper) on-line forms offer.   To move away from tried and true channels impetuously could be disastrous for the marketer.

One of the doyens of our industry David Ogilvy once said, "What really decides consumers to buy or not to buy is the content of your advertising, not its form."

It is my view that this still stands today as true as it did back in the days of Mad Men.  Sure the channel plays a key part in connecting a business to its customer; but you still need a good product, supported by a good offer that hits the right customer at the optimum time in their day/year/life when their need is greatest.

The channel is secondary to understanding the customer and their needs.  Each customer segment has different drivers, different needs and responds to different types of stimulus.  The challenge for the marketer is to understand this and then utilise the best channel to connect with a customer. 

If on-line only works best for a particular type of customer – use it!  If another type of customer responds best to off-line – use it!  And if another type of customer needs multiple touches across on-line and off-line – use both!

Direct marketing built its credibility on being able to provide tangible and direct measures on the contribution created from direct marketing campaigns.  The rapid growth in on-line has created some challenges – but the opportunities are far greater! 

I think this year’s forum will be a very interesting event with some thought provoking discussion and plenty of robust debate!