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Industry Spotlight: How can marketers ensure that their brand is being displayed correctly on the high street?

Luca Pagano, CEO of BeMyEye, discusses the need for marketers to find a cost-effective means of ensuring that retailers in brick and mortar stores are displaying their brand correctly.

In the digital age, it’s easy to forget that marketers face challenges offline, as well as online. When faced with decreasing budgets and difficulties justifying ROI to the c-suite, a common problem is proving that offline marketing materials are achieving what is intended. Marketers do not have the same visibility afforded to them when their brand appears in a physical store as they do in online environments. Ultimately, as soon as marketing materials leave the marketers hands, they go into a blind spot.

With the uncertainty of Brexit’s impact and falling store prices, marketers will have to work harder than ever to ensure consistent revenue streams and safeguard operational efficiency. The majority of sales for brands and retailers still take place offline and therefore marketers who supply brand products and materials to physical stores must be confident that their brand is being presented to consumers correctly.

 

Facing the challenge head on

The biggest challenge in ensuring this is the spread of location. Marketers cannot easily monitor how their products and marketing materials are being presented in thousands of physical stores. Normally, marketers would receive a sample snapshot of data providing an overview of their brands presence across a handful of stores, but how can marketers ensure that this is consistent everywhere to measure accurate compliance of promotional activation and ultimately ROI?

To achieve a census view, the brand needs to ‘see’ each individual store. However, up until now this has been a costly, lengthy and improbable task for sales teams to complete. Brands need the ability to check thousands of retailers for in-stock presence of their products, effective activation of marketing collateral and POP and compliance of price quickly and cost-effectively.

 

The role of crowdsourcing to ensure brand consistency

Mobile crowdsourcing and the gig economy have grown at rapid speeds in recent years and businesses are beginning to tap into its incredible power. Marketers can utilise hundreds of thousands of eyes on the ground who are ready to deliver detailed actionable insights about their brand. The crowd can deliver images of promotional activity, pricing and competitor positioning from any location, all in real time.

BeMyEye’s recent report ‘Eyeing up the cost of UK groceries’ is an example of this at work, revealing price differences for a basket of popular groceries across hundreds of retailers in the UK, collected over just 4 days. The crowd uncovered granular level details of branded goods, including that cans of coke are less likely to be stocked in two of the four big supermarkets than avocados, which highlights changes in distribution for Coca Cola in the UK.

The report also discovered interesting insights for marketers when looking at convenience shopping, which is a trend that could unseat leading retailers as consumers move towards ‘little and often’ shopping. For example, results from the report showcase that whilst supermarkets like Tesco remain the most cost-effective outlet for grocery basics like milk, eggs and bread, some other goods, such as avocados, can often be found for lower prices in off-licences.

 

Brands are already benefiting from the crowd

The data from the grocery report highlights that it is possible to gather actionable retail intelligence at scale, cost-effectively and in real-time, however utilising the crowd doesn’t just apply to the grocery sector, the data can be applied to any brand or retailer operating on the high street.

For example, the world’s largest cruise line company, MSC Cruises, uses BeMyEye’s crowd of eyes to analyse the presence of their marketing materials in its travel agency partners. The results amounted to a complete overhaul in the brand’s marketing strategy as 30 per cent of the travel agent partners weren’t displaying the materials correctly.

During uncertain times, marketers need an honest representation of how their marketing materials, promotional offers, and products are being presented and they can turn to mobile crowdsourcing to find this stability. A recent report from McKinsey showed the importance of insights for brands, stating that brands such as Phillips and TRESemmé are all driving growth by meeting consumer needs better than their competitors are. Brands who invest wisely in scaled data, analytics and real-time insights will often achieve up to 10 per cent sales increase, up to 5 per cent higher return on sales and a margin uplift of 1 to 2 per cent – something the c-suite cannot argue with when allocating marketing budgets.

Crowdsourcing and the gig economy have quickly become the fastest, most feasible, accurate and valuable means for marketers to gather granular insights about their products, pricing and promotional activity across every single offline touchpoints. Combating this blind spot will be fundamental for marketers to maximise their brand’s revenue streams in the uncertain post-Brexit retail landscape.

 

Luca is CEO of BeMyEye, Europe’s leader of mobile crowdsourcing for real world data gathering. Prior to BeMyEye, Luca was co-founder and CEO of Glamoo, Italy’s third largest player in the digital couponing space, acquired by Seat Pagine Gialle in 2014.

Prior to joining Glamoo, Luca was VP of Publishing EMEA at EA Mobile, where he spearheaded the growth of iconic brands like Fifa, Tetris and Need for Speed into the dominant titles of the App Store; from 2001 to 2009 Luca was Managing Director UK & International at Buongiorno, a global leader in mobile Value Added Services (VAS).

Experian Marketing Services confirmed as MBF’s headline sponsor…

Experian Marketing Services, a leading industry provider of data-driven marketing expertise and cloud-based technology, has been confirmed as the headline sponsor of the upcoming Marketing Business Forum (MBF), to be held on November 8 at the Grange Tower Bridge Hotel in London.

With more than 30 years’ experience using analytics, customer identify data and cross-channel marketing solutions for better data-informed decision making, Experian will benefit from full accessibility to pre-arranged one-on-one meetings with big-name delegates ooking to optimise their current strategies; as well as numerous networking opportunities in a relaxed setting.

Dan Bond, head of Marketing at Experian Marketing Services commented: “Experian’s expertise in data, and our powerful Marketing Suite, puts us in a unique position to solve today’s marketing challenges. At the Marketing Business Forum, we are looking forward to connecting with people and companies we can help. Events like this are a great way to share knowledge and build long-lasting business relationships.”

Craig Ross, event sales executive at the Marketing Business Forum said: “Experian Marketing Services are the perfect fit as headline sponsor due to their experience within the industry and the vast number of services they offer. With more than 90 delegates looking for a number of services from this year’s event, Experian have the capabilities to assist the majority of our attendees with their upcoming projects, making the event hugely beneficial to all involved.”

 

Learn more about Experian Marketing Services here

Data leading marketers to feel ‘overwhelmed’ and ‘distracted’, new report claims…

A survey of 151 UK-based senior marketers commissioned by the Callcredit Information Group has revealed that almost three quarters (72 per cent) believe data is negatively affecting the creative aspects of their role; with 69 per cent branding data as a ‘distraction’ from core marketing duties.

The Data Dilemma’ study found data to be a ‘valuable asset’ for 70 per cent of respondents, but the medium is not being fully exploited within their organisations. This corresponds to the fact that only 29 per cent believe they hold the appropriate skills to analyse data effectively – prompting 44 per cent to claim they are planning on investing in further training over the next two years.

Download a full copy of ‘The Data Dilemma’ here

Nielsen Marketing Cloud and i2c collaborate to deliver ‘complete omnichannel view’…

The Nielsen Marketing Cloud has announced an ‘insight collaboration’ with i2c – an innovative partnership between Sainsbury’s and Aimia – that concentrates on data-driven strategies and insights designed to influence shopping behaviour, build brand loyalty and enhance the shopping experience for customers.

Both parties claim that this collaboration will enable brands to acquire a ‘complete omnichannel’ view of customers across hundreds of key characteristics; as well as allowing marketers to harness the data gained in order to analyse, activate and plan their marketing campaigns across media; reliably analyse campaign results and improve the relevance of their customer messages.

Previously, the Nielsen Marketing Cloud and i2c partnered to support Carling’s national ‘Great British Moments’ campaign, which resulted in a 19 per cent sales uplift and a 4.1(X) campaign ROI attributed to this collaboration.

VP and managing director of Nielsen Marketing Cloud, Europe, Matt Bennathan, commented: “The collaboration of i2c and The Nielsen Marketing Cloud has proven the impact that data-driven programmatic audience buying can have on in-store and online sales for a brand. Our award-winning Carling campaign illustrated that.”

He continued: “The Nielsen Marketing Cloud has the richest UK data available and is a perfect partner for Nectar’s loyalty card data. We can programmatically engage digital audiences at scale and close the loop, providing strong, measurable sales results.”

 

Learn more about i2c here