bernard cools - dm, the good, the bad or the ugly for branding?

38
1

Upload: bpost

Post on 12-Nov-2014

1.451 views

Category:

Business


0 download

DESCRIPTION

DM is ook een efficiënte tool om een sterk merk te creëren. Een uitgebreid overzicht van de efficiëntie van direct mail, beginnende bij nieuwe betacijfers i.m.v. de herinneringsgraad.

TRANSCRIPT

Page 1: Bernard cools - DM, the good, the bad or the ugly for branding?

1

Page 2: Bernard cools - DM, the good, the bad or the ugly for branding?

2

Brand X % awareness attributed to DM

Page 3: Bernard cools - DM, the good, the bad or the ugly for branding?

3

“if it is accepted that all behavior in an

interactional situation has message value,

i. e., is communication, it follows that no

matter how one may try,

one cannot not

communicate."

Page 4: Bernard cools - DM, the good, the bad or the ugly for branding?

4

Page 5: Bernard cools - DM, the good, the bad or the ugly for branding?

5

Page 6: Bernard cools - DM, the good, the bad or the ugly for branding?

6

Page 7: Bernard cools - DM, the good, the bad or the ugly for branding?

7

Branding=

The marketing practice of creating a name, symbol or

design that identifies and differentiates a product from

other products (www.entrepreneur.com)

A seller’s promise to deliver a specific set of features,

benefits and services consistent to the buyers (Ph. Kotler ?)

Page 8: Bernard cools - DM, the good, the bad or the ugly for branding?

8

Page 9: Bernard cools - DM, the good, the bad or the ugly for branding?

9

6,2%

Own DB = 8,9% External DB = 5,4%

Page 10: Bernard cools - DM, the good, the bad or the ugly for branding?

10

23% turnover + 248 % 12%

Page 11: Bernard cools - DM, the good, the bad or the ugly for branding?

11

Source: Royal Mail / Brand Science

Page 12: Bernard cools - DM, the good, the bad or the ugly for branding?

12

Beware: traditional media also

emphasize their short term sales

response

Page 13: Bernard cools - DM, the good, the bad or the ugly for branding?

13

Plurimedia

Short term effect if 50K more investment

n: 300 brands measured during 80 periods

Page 14: Bernard cools - DM, the good, the bad or the ugly for branding?

14

Short term effect if 50K more investment

n: 300 brands measured during 80 periods

Page 15: Bernard cools - DM, the good, the bad or the ugly for branding?

15

Page 16: Bernard cools - DM, the good, the bad or the ugly for branding?

16

Page 17: Bernard cools - DM, the good, the bad or the ugly for branding?

17

Source: Mediapost (F)

Page 18: Bernard cools - DM, the good, the bad or the ugly for branding?

18

+25% +37% +9% +44% +62%Source: Royal Mail / Brand Science

Page 19: Bernard cools - DM, the good, the bad or the ugly for branding?

19

DM EFFECTIVENESS DM EFFECTIVENESS INTERACTS INTERACTS WITH OTHER CHANNELSWITH OTHER CHANNELS

Page 20: Bernard cools - DM, the good, the bad or the ugly for branding?

20

6% response

… means 94% waste ???

Page 21: Bernard cools - DM, the good, the bad or the ugly for branding?

21

Source: Mediapost (F)

Page 22: Bernard cools - DM, the good, the bad or the ugly for branding?

22

“Overall, which advertising media do you like the most ?”

31%

23%

13%

7%

5%

4%

3%

Addressed DM

Unaddressed DM

TV

Press

Email

Internet

Radio

Source : Market Probe 2010

In het algemeen, via welk medium ontvangt u het liefst reclame?De manière générale, sur quel média préférez-vous la publicité ?

Page 23: Bernard cools - DM, the good, the bad or the ugly for branding?

23

47%

33%

12%

9%

11%

8%

2%

Digital ImmigrantsDigital Natives Late Adopters

Addressed DM

Unaddressed DM

TV

Press

E-mail

Social Networks

Radio

45%

21%

25%

20%

11%

12%

9%

41%

24%

16%

18%

12%

10%

4%

Source : Market Probe

“I like receiving advertising through this medium”

Page 24: Bernard cools - DM, the good, the bad or the ugly for branding?

24

Source: Synovate Censydiam 2007

Page 25: Bernard cools - DM, the good, the bad or the ugly for branding?

25

DM as a medium, the story of the

« Beta » coefficient

Page 26: Bernard cools - DM, the good, the bad or the ugly for branding?

26

Developped in the 70’s

by A. Morgensztern

Beta = probability

of recalling a given ad

after 1 contact,

generally reconstructed,

based on post-tests

Beta coefficient

Recall after 1 contact

determines recall

after « n » contacts

« Beta » may be used

as a model parameter

for recall building

and decay

Page 27: Bernard cools - DM, the good, the bad or the ugly for branding?

27

Page 28: Bernard cools - DM, the good, the bad or the ugly for branding?

28

Recall DM - spontAided Recall DM:

product category

Aided Recall DM: DM

description

Opening (Y/N)?

Recall content (describe)

Yes

No

Evaluation (score on 7 points scale)

Liking, convincing, inciting, relevant for me, original,

interesting, informative, give a positive image of the

brand, increases knowledge on brand

Aided Recall DM: Brand

prompted

Action taken

(will go to the shop, call, use coupon,…)

Intention to buy

(score 5 points scale)

Reading type:

open not read, partially, normally, completely

Use DM after reading

- thrown away, kept, given to someone else

- Information discussed or seen by others: Y/N

Action after reception

Thrown away, kept for reading later, given to

someone else

Demographics:

Age, social class, language

Brand awareness

category (spont.)

Page 29: Bernard cools - DM, the good, the bad or the ugly for branding?

29

Recall DM

- spont

Aided

Recall DM:

product

category

Aided

Recall DM:

DM

description

Aided

Recall DM:

Brand

prompted

Brand

awareness

category

(spont.)

Yes

No

Base for

beta coefficient

calculation

Similar approach than for other media

Page 30: Bernard cools - DM, the good, the bad or the ugly for branding?

30

Average beta

coefficient

DM

Based on recall

as given by the

post campaign

measurements *

Frequency

considered

equal to 1 *

No decay factored

since

the first exposure *

Averaged across

target groups

Page 31: Bernard cools - DM, the good, the bad or the ugly for branding?

31

Average DM

beta value = 67,4%

out of 89 cases

After one DMcampaign

2 out of 3exposed individuals

are likely torecall the advertised

brand

Page 32: Bernard cools - DM, the good, the bad or the ugly for branding?

32

Avg=

67,4%

Campaign recall % per category

Page 33: Bernard cools - DM, the good, the bad or the ugly for branding?

33

Campaign recall % per type database

Avg=

67,4%

Page 34: Bernard cools - DM, the good, the bad or the ugly for branding?

34

Page 35: Bernard cools - DM, the good, the bad or the ugly for branding?

35

The story The story goesgoes onon……

Page 36: Bernard cools - DM, the good, the bad or the ugly for branding?

36

As a conclusion…

Page 37: Bernard cools - DM, the good, the bad or the ugly for branding?

o Everyone now cares about [sales] response…

o No channel/medium owns a monopoly in branding power

o « Mail medium » maybe better as name than« direct mail »

o Mail medium = 2nd best in recall building

o Our rules should fit those of the consumer: « siloing » is about techniques.

37

Page 38: Bernard cools - DM, the good, the bad or the ugly for branding?

38

Thank you !