MPM as a Marketing Tool: What is it?

Simply put, marketing performance measurement and management, or MPM, is a means of monitoring and adjusting marketing campaigns on the fly. Any good marketing campaign is a fluid campaign, accommodating changes and adjustments as they become needed. Large corporations spend thousands of dollars on gaining a command of MPM, but that doesn't mean that small businesses cannot benefit from trying to master the same tools.

MPM is a way of systematically managing and coordinating your marketing assets for the improvement of the overall strategic marketing of your products or services.

Really, MPM is more like a fine-tuning mechanism that allows you to tailor your best marketing assets to do their best work for you and informs you of those marketing channels that are not performing as you had hoped or planned.

MPM is About Timing and Comparison

Timing has to do with when you release specific marketing channels. If you released them all around the same time, you would never be able to evaluate which ones were the most productive for you. Staggering their release provides the necessary criteria for effective evaluation of each one's individual value to your marketing scheme. That way the channels can be compared for their effectiveness. A spike in sales can result from any marketing channel, but if they are all released at the same time, you cannot easily determine which ones are successful and which ones are not.

Once you can establish which channels are the most successful, you can emphasize those channels, modifying them accordingly to increase their effectiveness.

The metrics tell the story. The analytics, that is, the collection of data, permit you the luxury of creating new strategies based on the success of earlier efforts. With this information, you can not only improve existing campaigns, but you can also more aptly tailor future ad campaigns. Fully strategic thinking involves planning ahead, and the analytics from MPM give you the information to do that more effectively.

There are five pillars to MPM. Each has its own value and must be addressed. 

The first is alignment. Align your marketing efforts to your desired results. Target those results and adjust your campaign according to the success of initial strategies.

Second is accountability. This is simply a statement of how well any specific marketing channel delivers the desired results based on the metrics you have before you.

Third is the analytics themselves. This is the data that drives your campaign and complements and improves it with its needed modifications.

Fourth are the alliances. You form these naturally in the process of marketing, but using them is an important part of successfully employing an MPM strategy. Use your network partners, such as content providers and the agencies that locate them, as well as other assets to emphasize your successful marketing channels.

Finally, there is the assessment. This is the natural outcome of the process, the data that is compared and contrasted for their relative benefits. The strengths and weaknesses can be evaluated in real time as each campaign develops, permitting adjustments and allowing growth in the campaign, itself.

To contact Chuck Gherman for more information about how Printing Arts Press helps organizations with their Marketing and Human Resource needs through print communications please visit www.printingartspress.com.


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Innovation: What Living Outside the Box Really Means in Terms of Your Career

Gone are the days where to really make an impact in your career, you had to prove yourself to be the best little worker bee out there. While having a strong work ethic and the determination to accomplish any task that you're given are always important regardless of the business you're talking about, they have been superseded in recent years by something much more important: innovation.

According to a study conducted by Fast Company.com, employers are increasingly looking not at the surface-level work histories of applicants when hiring new employees, but at their history of innovation. Employers want critical thinkers because critical thinkers don't just get the job done - they flip the job on its head and do it in a way better than anyone ever has before.

If you really want to use this idea to your advantage and lay the foundation for positive growth in terms of your career, it isn't good enough to just think outside the box. "Outside the box" just officially became your new home.

Innovation and Your Career: A Match Made in Heaven

Life is full of unpredictability. The major benefit of making an effort to not only think outside the box but to make it your permanent home comes down to metamorphosis. Emphasizing innovation throughout all aspects of your life doesn't just make you more adept at dealing with change - it allows you to embrace change. It allows you to go beneath the surface of a situation and take anything you find, good or bad, and turn it into something that can help propel you forward.

If you've developed a reputation as an innovator, you instantly make yourself more valuable in most businesses because "innovation" and "saving money" are synonyms. Being an innovator means that you can use limited resources combined with your passion, your drive, and the sheer force of your creativity to not just solve a problem, but to accomplish something.

Innovation: Bringing it All Back Together Again

Innovators bring true value to a situation or environment. They're not followers. They're leaders. If you can truly train yourself to think with an eye towards innovation in everything you do, you're creating the type of situation in your career where the definition of "success" doesn't matter, as it will always be well within arm's reach.

These are just a few of the reasons why making a constant effort to live "outside the box" is so important. In the short-term, it makes you a much more valuable employee who is able to solve challenges, and allows you to come up with creative solutions that allow a business to stand apart from the competition and more. In the long-term, it makes YOU a much more valuable commodity. It doesn't just teach you how to naturally overcome any curve ball that your career goals may throw at you. By creating a situation where innovation is built into your very instincts, it teaches you how to naturally use ANYTHING that life may throw at you to your advantage.

To contact Chuck Gherman for more information about how Printing Arts Press helps organizations with their Marketing and Human Resource needs through print communications please visit www.printingartspress.com.


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When it Comes to Your Marketing Goals, Don't Forget About Consumer Education

Whenever you begin to execute a marketing campaign, you're usually trying to service a few key goals at the same time. One of your top priorities is most likely brand awareness - you don't just want to get the word out about a product or service, but you're also trying to position your company as an authority on a particular topic. You may also want to help inform your target audience about the product in question. One of the most important marketing goals that far too many people overlook until it's too late, however, is consumer education. When it comes to your objectives, consumer education must ALWAYS be a top priority for a number of key reasons.

The Benefits of the Consumer Education Push

For marketers themselves, an increased emphasis on consumer education brings with it a host of different benefits that can't be ignored. For starters, it allows you to take a deeper level of control over the narrative that you're trying to tell than ever before. You're essentially reframing the information that consumers are actively looking for in a much more positive way. Instead of making a declarative statement with your campaign like, "Here are all of the amazing and incredible features that my product or service has," you get to instead take a decidedly less sales-oriented approach and offer advice like, "Here are the problems you have, here is why you have them, and here is how my product or service is the answer you've been looking for."

Perhaps the biggest benefit of all to taking a consumer education approach to marketing, however, is that you're no longer trying to convince your customers that your product or service is necessary. Instead, you get to essentially PROVE that it's necessary and let your customer base come to the same conclusion on their own. This helps to deepen the sense of confidence that consumers get from your company, which almost always leads to loyalty sooner rather than later.

Transforming the Landscape

Another key thing to keep in mind about making consumer education one of your core marketing objectives has to do with the subtle ways in which you change the relationship between company and customer. With consumer education, marketing is no longer a passive approach. Instead, it's decidedly active - consumers are no longer HEARING about your product or READING about it, they're LEARNING about it. They're engaged with your materials in a whole new way. It officially transforms the marketing experience into a two-way street by way of empowerment. Consumers will WANT to keep learning about what you have to say and what you have to offer, helping to increase penetration rates at the same time. The more satisfied with the marketing experience a consumer is, the more confident they ultimately are with the ways in which they spend your money. If you can turn the tide of the conversation in your direction through consumer education, you're looking at a powerful opportunity that you can no longer afford to ignore.

These are just a few of the reasons why consumer education NEEDS to be one of your marketing goals at all times. Not only does it bring with it the added benefit of affecting consumer behavior in a positive way, but it also helps establish you and your organization as the authority on a particular topic that people are actively looking for.


To contact Chuck Gherman for more information about how Printing Arts Press helps organizations with their Marketing and Human Resource needs through print communications please visit www.printingartspress.com.


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Tips for Getting Maximum Mileage Out of Your Marketing Content

Too many marketers look at the content they're creating as "one and done." You spend a huge amount of money designing the right print mailer, send it to all of the relevant people on your list, and then never think about it again, right?

Wrong.

The truth of the matter is that this content is still high-quality because you wouldn't have sent it out into the world if it wasn't. It's a shame to write it off so quickly, especially when you can use just a few, simple techniques to increase its overall return on investment beyond what you originally thought was possible. If you want to guarantee that you're getting maximum mileage out of your marketing content, there are a few, key tips that you're definitely going to want to keep in mind.

Repurpose Whatever You Can

Creating a piece of high-quality, original content from scratch is not only expensive but time-consuming. This isn't exactly a secret, but it is a problem that marketers are creating for themselves more often than not by insisting that every last piece of information going out into the world has to be wholly original from the top down.

The fact of the matter is that it doesn't - sometimes repurposing a piece of older content is a great way to not only get maximum mileage out of those materials, but it can also help fill gaps in your editorial strategy and more.

For example, say you hosted a webinar that went off without a hitch. Those ideas don't have to die the minute the last viewer logs off. Take all the notes from the webinar and turn them into a slideshow for your website or use them as the basis for a direct-mail flyer to go out in the near future. You get the benefit of building FROM something instead of creating from scratch and also get to stretch the ROI of that original content as far as it can go at the same time.

Redistribution: Using Changes to Your Advantage

Another one of the most important ways to get maximum mileage out of your marketing content involves careful redistribution. Consider how things may have changed since that original piece of content went out into the world. Maybe you designed a post for Facebook that was hugely successful but now a new social media network has entered the marketplace. A few key adjustments could make that old piece ready for a brand new audience.

The same can be said of taking something from the print world and bringing it into the digital realm, and vice versa. Take that informative print flyer you sent out a few weeks ago and use it as the framework for a blog post. You get the benefit of increasing the longevity (and again, the ROI) of that original content and you get it in front of a whole new crop of people at the same time.

While many people think of content marketing as "disposable," it absolutely does not have to be that way. A good piece of content is a good piece of content - period. By carefully practicing techniques like redistribution and repurposing, you can stretch the value of that content as far as it will go, and get as many miles out of it as you can.

To contact Chuck Gherman for more information about how Printing Arts Press helps organizations with their Marketing and Human Resource needs through print communications please visit www.printingartspress.com.


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