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© Marketing Clinic
What does it take to get into the
modern marketing world league?
Catharina Stackelberg – Marketing Clinic
5.2.2015 – Scandinavian Business Design Marketing Automation Unplugged
© Marketing Clinic
It’s already a cliché to say the (marketing) environment is rapidly
changing… but what has not changed?
2/10/2015 2
Need for
customer insight
Boldness to
make decisions
Having an inspiring
business destination
Even more
important
than ever!
© Marketing Clinic
Differentiated and
relevant brand
positioning and CVP
Creating superior
customer/end-user insight
.. and clear focus on who to
target
Delivering superior
customer experience
in key touch-points
Understanding the
customer journey and
key touch-points
Focus on most profitable
and potential customers
Focus on most profitable
and potential offering
Continuous monitoring and
development (+cross-functional
co-operation and alignment)
Getting to the world league requires sound fundamentals
2/10/2015 3
Having a clear, inspiring
business destination
© Marketing Clinic
Superior customer insight is where it all starts..
“..only 2% of women were comfortable with saying that they are
beautiful. Also, there are girls as young as pre-teen who ‘feel’ fat..”
“..almost everyone is interested in decorating their home
nicely, not only the people with tons of money to spend..”
Customer/
end-user insight
2/10/2015 4
© Marketing Clinic
Case from the fast food world: create superior insight by
understanding customer segments and growth opportunities
2/10/2015 5
High preference
Low SOM (€) High SOM (€)
Low preference
Average preference 12%
Total SOM (€) 9%
Low consumption
Average consumption
High consumption
Modern & urban
young adults (A2)
5 / 8 / 8 /123m€
Active families (A1)
16 / 26 / 27 /712m€
Young & social
students (B)
22 / 13 / 15 /302m€
Family focused,
traditionalists (C)
45 / 17 / 19 /420m€
Busy, career
oriented (D2)
5 / 20 / 16 /550m€
Modern, health
orientated (D1)
8 / 16 / 15 /401m€
Customer/
end-user insight
© Marketing Clinic
Understand the customer journey and consumption
occasions to identify growth opportunities
2/10/2015 6
Example of hotel customer journey
DAY OF THE
CONSUMER
NEED AND
OCCASION?
Lunch: consume
”building blocks”
OUR
OFFERING
TOUCHPOINTS
COMPETITORS
Example from health and fitness supplement business
Customer/
end-user insight
© Marketing Clinic
Renovating business destination, positioning and value proposition:
Case Nike from “JUST DO IT” to ”HELP ME JUST DO IT”
2/10/2015 7
Business
destination
© Marketing Clinic
2/10/2015 8
Differentiation
BETTER DIFFERENT SPECIAL
You need to be…
© Marketing Clinic
February 10, 2015 9
Inspirations and ideas on
how to make your home even better
“DESIGN
YOUR
OWN LIFE”
To offer a wide range of
well-designed, functional home
furnishing products at prices
so low that as many people as
possible will be able to afford them
“CREATE A BETTER EVERYDAY LIFE FOR THE MANY PEOPLE”
GOOD DESIGN IS FOR EVERYONE, NOT JUST DESIGN SNOBS
togetherness
respectsimplicity
cost-
consciousness
Differentiation
© Marketing Clinic
2/10/2015
See the ad Visit the store Buy the product
See a friend’s activity
See the ad (on-/offline)
Visit the store
(on-/offline)
Buy the product
Use the service and stay
engaged with the brand
Linear
Inspired
and
engaged
Creating engagement and delivering a superior customer
experience throughout the journey
2/10/2015 10
THE NORM
IN THE PAST
THE NORM
NOWADAYS
Customer
journey
© Marketing Clinic
Case Caterpillar: the B2B world is no different!
11
Linear
Inspired
and
engaged
THE NORM
IN THE PAST
THE NORM
NOWADAYS
Customer
journey
2/10/2015
© Marketing Clinic
Measure performance in strategy execution:
e.g. using tools that measure impact of all marketing channels to preference and sales
2/10/2015 12
Low reach, high impact  Find out how
to increase the reach cost-efficiently
Low reach, low impact  First change
the message, and then increase the reach
High reach, high impact  Find out how
to further increase the reach cost-
efficiently
High reach, low impact  Change the
message when possible in order to
increase the impact
EXPLANATIONS
Number of consumers exposed
High impact
High reach
Low impact
Low reach
Impact
Personnel: store
Own media
Earned media
Bought media
Bought from store
Visited store
Personnel: phone /
live chat
Company facebook
pages
Newsletter
Discussions with
friends / relatives
Internet
advertising
Discussions in
social media Other
websites
TV
advertising
Newspaper
advertising Newspaper articles
/ news
Continuous
monitoring
© Marketing Clinic
Thank you
Catharina Stackelberg
find me on LinkedIn and Twitter @catharinastacke
2/10/2015 13

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What does it take to get into the modern marketing world league? by Catharina Stackelberg

  • 1. © Marketing Clinic What does it take to get into the modern marketing world league? Catharina Stackelberg – Marketing Clinic 5.2.2015 – Scandinavian Business Design Marketing Automation Unplugged
  • 2. © Marketing Clinic It’s already a cliché to say the (marketing) environment is rapidly changing… but what has not changed? 2/10/2015 2 Need for customer insight Boldness to make decisions Having an inspiring business destination Even more important than ever!
  • 3. © Marketing Clinic Differentiated and relevant brand positioning and CVP Creating superior customer/end-user insight .. and clear focus on who to target Delivering superior customer experience in key touch-points Understanding the customer journey and key touch-points Focus on most profitable and potential customers Focus on most profitable and potential offering Continuous monitoring and development (+cross-functional co-operation and alignment) Getting to the world league requires sound fundamentals 2/10/2015 3 Having a clear, inspiring business destination
  • 4. © Marketing Clinic Superior customer insight is where it all starts.. “..only 2% of women were comfortable with saying that they are beautiful. Also, there are girls as young as pre-teen who ‘feel’ fat..” “..almost everyone is interested in decorating their home nicely, not only the people with tons of money to spend..” Customer/ end-user insight 2/10/2015 4
  • 5. © Marketing Clinic Case from the fast food world: create superior insight by understanding customer segments and growth opportunities 2/10/2015 5 High preference Low SOM (€) High SOM (€) Low preference Average preference 12% Total SOM (€) 9% Low consumption Average consumption High consumption Modern & urban young adults (A2) 5 / 8 / 8 /123m€ Active families (A1) 16 / 26 / 27 /712m€ Young & social students (B) 22 / 13 / 15 /302m€ Family focused, traditionalists (C) 45 / 17 / 19 /420m€ Busy, career oriented (D2) 5 / 20 / 16 /550m€ Modern, health orientated (D1) 8 / 16 / 15 /401m€ Customer/ end-user insight
  • 6. © Marketing Clinic Understand the customer journey and consumption occasions to identify growth opportunities 2/10/2015 6 Example of hotel customer journey DAY OF THE CONSUMER NEED AND OCCASION? Lunch: consume ”building blocks” OUR OFFERING TOUCHPOINTS COMPETITORS Example from health and fitness supplement business Customer/ end-user insight
  • 7. © Marketing Clinic Renovating business destination, positioning and value proposition: Case Nike from “JUST DO IT” to ”HELP ME JUST DO IT” 2/10/2015 7 Business destination
  • 8. © Marketing Clinic 2/10/2015 8 Differentiation BETTER DIFFERENT SPECIAL You need to be…
  • 9. © Marketing Clinic February 10, 2015 9 Inspirations and ideas on how to make your home even better “DESIGN YOUR OWN LIFE” To offer a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible will be able to afford them “CREATE A BETTER EVERYDAY LIFE FOR THE MANY PEOPLE” GOOD DESIGN IS FOR EVERYONE, NOT JUST DESIGN SNOBS togetherness respectsimplicity cost- consciousness Differentiation
  • 10. © Marketing Clinic 2/10/2015 See the ad Visit the store Buy the product See a friend’s activity See the ad (on-/offline) Visit the store (on-/offline) Buy the product Use the service and stay engaged with the brand Linear Inspired and engaged Creating engagement and delivering a superior customer experience throughout the journey 2/10/2015 10 THE NORM IN THE PAST THE NORM NOWADAYS Customer journey
  • 11. © Marketing Clinic Case Caterpillar: the B2B world is no different! 11 Linear Inspired and engaged THE NORM IN THE PAST THE NORM NOWADAYS Customer journey 2/10/2015
  • 12. © Marketing Clinic Measure performance in strategy execution: e.g. using tools that measure impact of all marketing channels to preference and sales 2/10/2015 12 Low reach, high impact  Find out how to increase the reach cost-efficiently Low reach, low impact  First change the message, and then increase the reach High reach, high impact  Find out how to further increase the reach cost- efficiently High reach, low impact  Change the message when possible in order to increase the impact EXPLANATIONS Number of consumers exposed High impact High reach Low impact Low reach Impact Personnel: store Own media Earned media Bought media Bought from store Visited store Personnel: phone / live chat Company facebook pages Newsletter Discussions with friends / relatives Internet advertising Discussions in social media Other websites TV advertising Newspaper advertising Newspaper articles / news Continuous monitoring
  • 13. © Marketing Clinic Thank you Catharina Stackelberg find me on LinkedIn and Twitter @catharinastacke 2/10/2015 13

Editor's Notes

  1. Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, and diesel-electric locomotives. Caterpillar continues to maintain consistency across all touchpoints, most notably through its communications and dealerships. As the company continues to grow through acquisition, this branding expertise is paying off, as shown by the seamless incorporation of Bucyrus into the brand. R&D investment is at a record USD $2.3 billion, and focus on customers has enabled Caterpillar to gain insight into future needs. In 2011, the company launched the most innovative truck on the market, the CT660, focusing on its application in business rather than just the vehicle itself. Other recent initiatives include: caterpillaruniversity.com (to help customers learn about products) and a website and app to support customers’ rental needs. It’s no wonder Caterpillar’s global sales dwarf those of competitors. Still, highly publicized labor disputes could damage Caterpillar’s performance and image. Brand value ranking: # 61 Brand value up 13 % Brand value: 6,3 billion €