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Posts Tagged ‘stats’

CMOs Report Top Challenges

May 19th, 2010
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Tracking, integrating marketing channels and smaller budgets are among CMO’s top challenges, according to a recent survey of more than 100 consumer-targeting CMOs. Aprimo and the Argyle Executive Forum conducted the survey on April 29, 2010.

Here are some highlights from the report:

1. More tracking is needed

39% of the CMOs said correlating marketing activities to revenues is the “most broken” area of marketing. 27% reported that the growing requirement for ROI and accountability is driving the most change in their marketing strategies.

Two likely contributors to this situation:
o The recent economy’s pressure on marketers to justify their budgets
o The unprecedented tracking potential offered by digital marketing

2. Multichannel marketing is challenging

Also related to tracking, 37% of the CMOs said their biggest challenge is integrating and tracking multiple channels. 27% said lack of marketing channel integration was the “most broken” area in marketing.

Integrating marketing channels and tracking customer interaction on an individual level can provide tremendous insight — but it’s difficult to achieve. Many marketing systems were not designed to play nicely together.

3. Budget woes continue

28% of the CMOS said “doing more with less” is their biggest challenge today, showing that the rising economy has not yet lifted marketing teams’ budgets and staff numbers to their previous levels.

What do you think of these stats? Are you experiencing something similar? Are you on a totally different page? Let us know…

Mobile Campaigns for Luxury Cars

April 2nd, 2009
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When browsing the Web today, I came across a report of a mobile marketing campaign by a luxury auto brand—not unlike the mobile case study from BMW we published in our B2C newsletter today. Mobile Marketing Magazine covered the campaign well last year, and I want to pass along a few choice bits from their report.

Jaguar Cars created a WAP site in 2007 to promote its new luxury car, the Jaguar XF. The site included:
– Images of the car
– High- and low-res videos
– Downloadable wallpapers
– Jaguar dealer locator
– Email submission form to request a brochure
– Performance stats, innovation info
– Quotes from the press

The site was launched in November to coincide with the Los Angeles Motor show, and was promoted solely through mobile banner ads on sites such as MSN Mobile and Yahoo! Mobile. The ads generated:
– Over 15 million ad impressions
– Over 85,000 UVs to the WAP site
– About a .6% CTR

Results seen on the WAP site include:
– 12,000 video downloads
– 16,000 wallpaper downloads
– Users clicking beyond the homepage stayed for about 2 minutes, 12 seconds, on average
– 1.2% of users submitted their email address for a brochure
– 2.6% of users located their nearest dealer

BMW and Jaguar are not the only auto brands dabbling in the mobile space. A San Diego-based Cadillac dealership ran an SMS campaign in January, and Kia launched a mobile site last year to promote its car Soul. It looks as if high performance, luxury auto brands–brands consumers associate with cutting edge innovation–are delivering campaigns in one of the newest, fastest growing platforms.