Predictions are Sooo 2007 - or Timeless?
I had a burst of organizational energy yesterday, and went through two boxes of work stuff I’ve hoarded over the past few years. I recycled the majority of the paper, and (miraculously and fairly virtuously) filed a bunch of information away - including a new “blog it” folder. What a great start to the New Year!
I had saved a copy of a Forrester Trends report published in March of 2007 called “Interactive Marketing Channels to Watch In 2007″ which noted (- JJ: my summary of each point called out):
“Experimentation Still Makes Marketers Skittish”
- Email and search still dominate the mix. - JJ: 97% use email marketing , 91% search marketing…
- Online advertising takes second place. - JJ: 75% place online advertising with little behavioral targeting (38%)…
- Social media is the biggest up-and-comer. - JJ: RSS pilots grew from 10% in 2006 to 40% in early 2007; blog pilots grew from 13% in 2006 to 34% in early 2007…
- Mobile and game marketing still get no love. - JJ: 13% marketers tried mobile text messages, 11% created wireless application protocol (WAP) sites. 24% tried ‘advergames’, 10% in-game placements, and 7% experimented in virtual worlds like Second Life…
- Marketer budgets demonstrate marketer reluctance. - JJ: marketers relied on traditional budget dollars redirected from print, TV and direct mail to fund the emerging channels - email and search marketing budgets were kept intact…
Forrester’s recommendation in March were to:
“Adopt Advanced Targeting, RSS and Blogs Now”
- Start behavioral and contextual targeting immediately. - JJ: buy online ads from TACODA (behavioral ad network) or 24/7 Real Media or BlueLithium (generalist ad networks who integrate contextual / behavioral targeting into regular / geographical buys).
- Make your first strides into social media with RSS and blogs. - JJ: RSS is recommended as a ’simple first step for marketers… initial RSS feeds can consist of repurposed email content.’ Further, RSS content can be used as initial blog posts.
I hope Forrester will reproduce the research this year to see how far marketers have moved.
My predictions?
Mobile will be the top priority for B2C marketers. Blogs will be second for B2C, third for B2B. RSS deployment will be the top priority for B2B marketers, third for B2C.
Why?
Mobile: Interactive marketers for B2C companies would have to be asleep at the switch not to realize what a force smartphones have become. And testing is relatively inexpensive and immediate. Over the holiday break I found a great new resource for mobile marketing tips and hints, Kim Dushinsky’s Mobile Marketing Profits.
RSS: B2B marketers should be clamoring for this additional channel to be added to their marketing suite. Engage your IT resources to download a virtual RSS server (a 1-5 user server license is free from Attensa) and test it. You’ll gain competitive insights, productivity, and a new channel of distribution (Forrester’s point) that’s better than a “double 0pt-in” engagement in email marketing.
Blogs: This one continues to amaze me in terms of business’ adoption rates being so dismal. In four years of blogging for business, I’ve found the blogosphere to be a rich, engaging, self-cleansing and increasingly civilized place to exchange opinions and information with customers, prospects, vendors and competitors. The technology is cheap, the advantages are many, and the time you spend blogging can be the most personally fulfilling time you spend as a marketer.
I’ll report back in a few months to see whether my crystal ball is any better than others’ when it comes to predicting marketers’ behaviors.
If not, hello TACODA. I could really use some behavioral targeting help.
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