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1	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  ©	
  2014	
  InfoTrends	
  
EFI	
  Connect	
  
InfoTrends:	
  Building	
  a	
  Marke9ng	
  Plan	
  for	
  
Graphic	
  Services	
  
Kate	
  Dunn	
  
Director	
  
January	
  21,	
  2014	
  
2	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Objec9ves	
  
•  Review	
  key	
  elements	
  of	
  a	
  strategic	
  marke9ng	
  plan	
  
•  Iden9fy	
  target	
  markets	
  
−  Who	
  you	
  should	
  target	
  for	
  wide	
  format,	
  web-­‐to-­‐print,	
  and	
  other	
  graphic	
  
services	
  
•  Iden9fy	
  customer	
  requirements	
  
−  What	
  are	
  your	
  customers’	
  real	
  needs?	
  
•  Pricing	
  Strategies	
  
−  What	
  services	
  do	
  they	
  value?	
  
•  Company	
  Posi9oning	
  
−  How	
  you	
  can	
  you	
  differenIate	
  your	
  business	
  from	
  the	
  compeIIon?	
  
•  Promo9ng	
  Your	
  Business	
  
−  How	
  should	
  you	
  interact	
  with	
  your	
  prospects?	
  
3	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Start	
  with	
  the	
  Basics	
  
Rome	
  wasn’t	
  built	
  in	
  a	
  day…but	
  it	
  started	
  with	
  one!	
  
4	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
N = 687
Focus	
  on	
  the	
  Growth	
  Opportunity	
  
26.6%	
   22.4%	
  
6.2%	
  
6.0%	
  
12.6%	
  
12.5%	
  
31.7%	
  
32.7%	
  
9.7%	
   10.8%	
  
13.3%	
   15.6%	
  
0%	
  
20%	
  
40%	
  
60%	
  
80%	
  
100%	
  
2011	
   2013	
  
Value-­‐Added	
  Services	
  
Wide-­‐Format	
  Digital	
  Prin9ng	
  -­‐	
  Prin9ng	
  produced	
  on	
  digital	
  wide	
  format	
  devices	
  
Digital	
  Prin9ng	
  (not	
  including	
  wide	
  format)	
  -­‐	
  Prin9ng	
  or	
  copying	
  on	
  digital	
  presses/systems	
  
Finishing	
  -­‐	
  Binding,	
  Cubng,	
  Folding,	
  Inser9ng,	
  Colla9ng,	
  etc.	
  
Other	
  Conven9onal	
  Prin9ng	
  -­‐	
  Flexo,	
  Gravure,	
  Screen	
  prin9ng	
  
Offset	
  Prin9ng	
  -­‐	
  Conven9onal	
  offset	
  and/or	
  direct	
  image	
  presses	
  	
  
5	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
10	
  Fastest-­‐Growing	
  Applica9ons	
  (Absolute	
  Page	
  
Growth)	
  
0	
   20	
   40	
   60	
   80	
   100	
   120	
  
Labels	
  
Posters,	
  banners,	
  signage	
  
Inserts,	
  coupons	
  
Newspapers/newslegers	
  
Direct	
  Mail	
  
Magazines	
  
Catalogs	
  
Brochures	
  
TransPromo	
  
Books	
  
Billion	
  Impressions	
  (A4)	
  
2017	
  
2012	
  
+	
  40.4	
  bn	
  pages	
  
+	
  14.9	
  bn	
  pages	
  
+	
  12.1bn	
  pages	
  
+	
  11.1	
  bn	
  pages	
  
+	
  9.9	
  bn	
  pages	
  
+	
  9.8	
  bn	
  pages	
  
+	
  6.8	
  bn	
  pages	
  
+	
  5.0	
  bn	
  pages	
  
+	
  4.2	
  bn	
  pages	
  
+	
  2.6	
  bn	
  pages	
  
Source:	
  U.S.	
  Digital	
  Produc3on	
  Prin3ng	
  Applica3on	
  
Forecast,	
  InfoTrends	
  2013	
  
6	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Communica9ons	
  Spending	
  Distribu9on	
  
Projected
Annual
Growth Rate
8.8%
-2.1%
1.5%
4.9%
-6.2%
Key	
  Findings	
  
	
  
• Mobile	
  is	
  the	
  fastest	
  
growing	
  channel,	
  followed	
  
by	
  online/web	
  
• Spending	
  on	
  print	
  is	
  highest,	
  
but	
  it	
  is	
  a	
  declining	
  channel	
  
• Print	
  remains	
  the	
  largest,	
  
but	
  by	
  a	
  small	
  margin	
  
N	
  =	
  1,026	
  	
  
Source:	
  Understanding	
  Ver3cal	
  Markets:	
  Enterprise	
  Communica3ons	
  Requirements;	
  InfoTrends	
  December	
  2012	
  
How	
  is	
  your	
  company’s	
  total	
  communicaIons	
  spending	
  distributed	
  by	
  the	
  following	
  communicaIon	
  types?	
  	
  
34.1%	
   29.9%	
  
25.3%	
  
27.8%	
  
16.2%	
   16.7%	
  
11.7%	
   11.2%	
  
10.2%	
   12.0%	
  
0%	
  
20%	
  
40%	
  
60%	
  
80%	
  
100%	
  
Last	
  12	
  Months	
   Next	
  2	
  Years	
  
Print	
  	
   Online/Web	
   Video	
   Audio	
  	
   Mobile	
   Other	
  
7	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
	
  Q18:	
  What	
  percentage	
  of	
  your	
  company’s	
  total	
  communicaIon	
  budget	
  is	
  spent	
  within	
  the	
  following	
  categories?	
  	
  
N	
  =	
  1,026	
  
Communica9ons	
  Category	
  Spending	
  
Key	
  Findings	
  
	
  
•  Majority	
  of	
  communicaIons	
  
focus	
  on	
  promoIonal	
  print	
  
	
  
•  CommunicaIons	
  budgets	
  are	
  
fairly	
  evenly	
  distributed	
  
across	
  sales	
  and	
  markeIng	
  
acIviIes	
  
•  Mass	
  media	
  and	
  digital	
  
markeIng	
  consume	
  about	
  an	
  
equal	
  share	
  of	
  budget	
  dollars	
  
•  TransacIonal	
  print	
  is	
  a	
  solid	
  
category	
  
Promo9onal	
  
print	
  	
  
17.2	
  
Sales	
  documents	
  	
  
13.7	
  
Mass	
  media	
  
adver9sing	
  	
  
12.3	
  Business	
  iden9ty	
  	
  
12.1	
  
Digital	
  marke9ng	
  	
  
11.8	
  
Business	
  
documents	
  
11.3	
  
Transac9onal	
  
print	
  
9.5	
  
Mobile	
  
marke9ng	
  	
  
5.5	
  
Social	
  Media	
  	
  
5.3	
  
Other	
  
1.4	
  
8	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
0	
  
100	
  
200	
  
300	
  
400	
  
500	
  
600	
  
700	
  
2012	
   2013	
   2014	
   2015	
   2016	
   2017	
  
Process	
  
Color	
  
B&W	
   -­‐5.6%	
  CAGR	
  
14.2%	
  CAGR	
  
Annual	
  Impressions	
  (B)	
  
Overall	
  1.1%	
  CAGR	
  
581	
  B	
  
550	
  B	
  
Source:	
  InfoTrends	
  U.S.	
  Print	
  On	
  Demand	
  2012-­‐2017	
  Market	
  Forecast	
  
Annual	
  Impressions:	
  Produc9on	
  Copying	
  &	
  Digital	
  Prin9ng	
  
9	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
$8.0	
  
$5.6	
  
$29.2	
  
$33.1	
  
0	
  
10	
  
20	
  
30	
  
40	
  
50	
  
2012	
   2017	
  
Process	
  Color	
  
B&W	
  
$37.2	
  Billion	
  
$38.7	
  Billion	
  
Overall	
  0.8%	
  CAGR	
  
(Process	
  Color	
  2.5%,	
  Mono-­‐6.8%)	
  
Retail	
  value	
  of	
  print	
  ($Billions)	
  
Source:	
  InfoTrends	
  U.S.	
  Print	
  On	
  Demand	
  2012-­‐2017	
  Market	
  Forecast	
  
Print	
  on	
  Demand	
  Market:	
  Retail	
  Value	
  of	
  Print	
  (2012-­‐2017)	
  
10	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Retail	
  Value	
  of	
  Wide	
  Format	
  Digital	
  Print	
  in	
  N.	
  America	
  ($B)	
  
6.7%	
  CAGR	
  from	
  
2012	
  -­‐	
  2017	
  
	
  $16.1	
  	
  
	
  $17.2	
  	
  
	
  $18.5	
  	
  
	
  $19.7	
  	
  
	
  $21.0	
  	
  
	
  $22.3	
  	
  
	
  $-­‐	
  	
  	
  	
  
	
  $5.0	
  	
  
	
  $10.0	
  	
  
	
  $15.0	
  	
  
	
  $20.0	
  	
  
	
  $25.0	
  	
  
2012	
   2013	
   2014	
   2015	
   2016	
   2017	
  
11	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
45.4% 42.5% 37.4%
31.6%
19.9%
12.8% 8.6% 7.5% 6.5%
36.8%
41.0% 46.9%
51.7%
55.9%
48.5%
35.4%
25.9%
21.8%
7.1% 7.7% 8.6% 10.7%
18.2%
30.8%
42.9%
47.1%
48.5%
10.7% 8.8% 7.1% 6.1% 6.1% 7.9%
13.2%
19.5% 23.2%
0%
20%
40%
60%
80%
100%
<250 250	
  to	
  499500	
  to	
  999 1,000	
  to
2,499
2,500	
  to
4,999
5,000	
  to
9,999
10,000	
  to
24,999
25,000	
  to
49,999
50,000	
  +
Increase Stay	
  the	
  same Decrease Do	
  not	
  offer
Run	
  Lengths	
  are	
  Declining	
  
N	
  =	
  417	
  Print	
  Service	
  Providers	
  and	
  In-­‐plants	
  
Source:	
  InfoTrends’	
  Emerging	
  Strategies	
  Survey,	
  Q1	
  2011	
  
For	
  the	
  following	
  run	
  lengths	
  do	
  you	
  see	
  an	
  increase	
  or	
  decrease	
  in	
  the	
  frequency	
  of	
  prinIng	
  jobs?	
  
Trend	
  to	
  shorter	
  run	
  lengths	
  
12	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Source:	
  InfoTrends,	
  2012	
  
8.3%	
  
CAGR	
  
Retail	
  Value	
  of	
  U.S.	
  POD	
  Variable	
  Data	
  Market	
  
$4.2	
   $4.0	
   $3.7	
   $3.5	
   $3.3	
   $3.1	
  
$10.3	
   $11.6	
   $13.0	
  
$14.7	
  
$16.6	
  
$18.6	
  
$0	
  
$5	
  
$10	
  
$15	
  
$20	
  
$25	
  
2011	
   2012	
   2013	
   2014	
   2015	
   2016	
  
Color	
  
Mono	
  
Billions	
  $	
  
$14.5B	
  
$15.5B	
  
$16.7B	
  
$18.2B	
  
$19.9B	
  
$21.6B	
  
12.5%	
  	
  
CAGR	
  ‘11-­‐’16	
  
-­‐6.0%	
  CAGR	
  
‘11-­‐’16	
  
13	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
What	
  percentage	
  of	
  your	
  customer	
  communicaIons	
  or	
  markeIng	
  campaigns	
  fit	
  into	
  the	
  following	
  categories?	
  	
  
N	
  =	
  1,026	
  Corporate	
  Enterprises	
  
Source:	
  Understanding	
  Ver3cal	
  Markets:	
  Enterprise	
  
Communica3ons	
  Requirements;	
  InfoTrends	
  December	
  2012	
  
	
  
Audience-­‐targe9ng	
  Approaches	
  
Mass	
  Marke9ng	
  
(One-­‐to-­‐Many)	
  
37.4	
  
Segmented	
  
Marke9ng	
  (One-­‐to-­‐
Few)	
  
33.4	
  
Personalized	
  
Marke9ng	
  (One-­‐to-­‐
One)	
  
29.2	
  
14	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
	
  
	
  
•  Today’s	
  consumers	
  are	
  ALWAYS	
  ON	
  and	
  marketers	
  don’t	
  
know	
  which	
  channel	
  to	
  use!	
  
Consumers	
  are	
  ALWAYS	
  ON	
  	
  
15	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
How	
  many	
  different	
  media	
  types	
  does	
  your	
  company	
  use	
  for	
  a	
  typical	
  communicaIon/markeIng	
  campaign?	
  
N	
  =	
  1,026	
  Corporate	
  Enterprises	
  
Source:	
  Understanding	
  Ver3cal	
  Markets:	
  Enterprise	
  Communica3ons	
  Requirements;	
  InfoTrends	
  December	
  2012	
  
Key	
  Findings	
  
	
  
•  Average	
  number	
  media	
  types	
  
used	
  in	
  a	
  campaign:	
  3	
  
	
  
•  47%	
  of	
  printed	
  markeIng	
  
materials	
  linked	
  to	
  online	
  digital	
  
channels	
  in	
  past	
  12	
  months	
  
Everything	
  Needs	
  to	
  Work	
  Together	
  
One	
  
8.8%	
  
Two	
  
30.2%	
  
Three	
  
36.4%	
  
Four	
  
13.4%	
  
Five	
  or	
  more	
  
3.7%	
  
Don't	
  know	
  
7.6%	
  
16	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
2.6%
1.3%
14.6%
14.8%
16.1%
17.7%
21.2%
28.0%
29.6%
30.7%
31.0%
33.9%
38.6%
41.5%
52.1%
56.1%
0% 20% 40% 60% 80%
Don’t2know
None2of2the2above
Books
Retail2store2receipts
Outdoor
Directory
Product2packaging
Newspapers
PointJofJpurchase2displays
Catalogs
Inserts
Business2cards
Magazines
Bills2or2statements
Direct2mail
Brochures
What	
  types	
  of	
  printed	
  media	
  have	
  you	
  included	
  a	
  link	
  or	
  connecIon	
  to	
  digital	
  media	
  over	
  the	
  past	
  12	
  months?	
  
	
  
N=	
  378	
  
Source:	
  Understanding	
  Ver3cal	
  Markets:	
  Enterprise	
  Communica3ons	
  Requirements;	
  InfoTrends	
  December	
  2012	
  
MulIple	
  Responses	
  Permided	
  	
  
Pressure	
  to	
  Transform	
  and	
  Connect	
  Print	
  to	
  Digital	
  
Channels	
  
17	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
14.8%
15.6%
20.4%
21.2%
25.7%
26.2%
29.4%
31.5%
32.0%
33.9%
0% 10% 20% 30% 40%
Create2buzz
Competitors2are2doing2it
Expand2my2brand2beyond2products2featured2in2a
printed2piece
Experimentation2with2emerging2technology
Add2interactivity2to2traditional2media
Capture2information
Integrate2social2media2
Boost2response2rates
Reach2a2target2demographic
Reach2a2broader2audience
	
  What	
  are	
  your	
  company’s	
  top	
  reasons	
  for	
  blending	
  print	
  and	
  digital	
  channels?	
  (Top	
  10)	
  
N=	
  378	
  
Source:	
  Understanding	
  Ver3cal	
  Markets:	
  Enterprise	
  Communica3ons	
  Requirements;	
  InfoTrends	
  December	
  2012	
  
Three	
  Responses	
  Permided	
  	
  
Reasons	
  for	
  Blending	
  Media	
  Channels	
  
18	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
End	
  Users	
  Want	
  a	
  One-­‐stop	
  Shop:	
  Web-­‐based	
  
Procurement	
  
	
  
Collateral	
  
Management	
  
Business	
  Cards	
  
&	
  Sta9onery	
  
Promo9onal	
  
Products	
  
Merchandising/	
  
Signage	
  
Yes	
  
57.1%	
  
No	
  	
  
22.1%	
  
Don't	
  Know	
  
20.8%	
  
Source:	
  Understanding	
  Ver3cal	
  Markets:	
  Enterprise	
  Communica3ons	
  
Requirements;	
  InfoTrends	
  December	
  2012	
  
	
  
	
  Do	
  your	
  print	
  vendors	
  provide	
  a	
  web-­‐based	
  purchasing	
  plagorm	
  
and/or	
  portal?	
  	
  
19	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
N	
  =	
  896	
  
Source:	
  Understanding	
  Ver3cal	
  Markets:	
  Enterprise	
  Communica3ons	
  Requirements;	
  InfoTrends	
  December	
  2012	
  
	
  What	
  percentage	
  of	
  your	
  business’	
  total	
  print	
  spend	
  has	
  been/will	
  be	
  ordered	
  over	
  the	
  Internet?	
  
Online	
  Print	
  Spending	
  (Means)	
  
	
  
31.9%	
  
40.0%	
  
0%	
  
10%	
  
20%	
  
30%	
  
40%	
  
50%	
  
Last	
  Twelve	
  Months	
   Next	
  Two	
  Years	
  
20	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Web-­‐enablement	
  Today:	
  Room	
  for	
  Improvement	
  
5.2%	
  
14.6%	
  
12.5%	
  
15.6%	
  
26.0%	
  
29.2%	
  
36.5%	
  
41.7%	
  
46.9%	
  
58.3%	
  
63.5%	
  
7.0%	
  
23.4%	
  
5.1%	
  
7.0%	
  
29.7%	
  
29.1%	
  
34.8%	
  
30.4%	
  
36.1%	
  
44.9%	
  
48.1%	
  
0%	
   20%	
   40%	
   60%	
   80%	
  
Not	
  applicable,	
  do	
  not	
  have	
  a	
  company	
  website	
  
None,	
  do	
  not	
  offer	
  on	
  our	
  company	
  website	
  
List	
  acquisi9on	
  
Marke9ng	
  dashboards	
  
Bill	
  and	
  invoicing	
  
Order	
  tracking	
  
Ad-­‐hoc	
  job	
  submission	
  
Catalog-­‐based	
  ordering	
  
Job	
  customiza9on/personaliza9on/variable	
  data	
  
Job	
  proofing	
  
Request-­‐for-­‐quote	
  
In-­‐Plant	
  (N=158)	
  
Print-­‐for-­‐Pay	
  (N=96)	
  
Which	
  of	
  the	
  following	
  capabiliIes	
  do	
  you	
  offer	
  to	
  customers	
  through	
  a	
  website	
  or	
  web-­‐based	
  interface(s)?	
  
MulIple	
  Responses	
  Permided	
  
Source:	
  Trends	
  in	
  Web-­‐to-­‐Print,	
  Emerging	
  Trends,	
  InfoTrends	
  2013	
  
21	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
	
  
	
  
Marke9ng	
  
− A	
  sales	
  brochure	
  
− An	
  adver9sement	
  in	
  
the	
  newspaper	
  
− An	
  e-­‐mail	
  blast	
  
− A	
  sales	
  call	
  
− Telemarke9ng	
  
− Your	
  website	
  
≠	
  
22	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
According	
  to	
  the	
  American	
  Marke9ng	
  Associa9on…	
  
A	
  marke5ng	
  plan	
  encompasses	
  everything	
  you	
  do	
  to	
  
aDract	
  customers/clients	
  and	
  to	
  keep	
  them	
  coming	
  
back	
  and	
  referring	
  others	
  to	
  you.	
  
It	
  is	
  wriDen	
  
down!	
  
23	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
It’s	
  About	
  Differen9a9on	
  
24	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
A “True” Marketing Plan
•  Analysis	
  of	
  customers	
  and	
  the	
  business	
  environment	
  to	
  iden9fy	
  the	
  right	
  
target	
  markets	
  
•  Research	
  of	
  the	
  specific	
  opportuni9es	
  to	
  beger	
  and	
  more	
  profitably	
  
meet	
  customer	
  needs	
  in	
  the	
  iden9fied	
  segments	
  
•  Development	
  of	
  product	
  and	
  service	
  offerings	
  that	
  meet	
  customer	
  needs	
  	
  
•  Effec9ve	
  assessment	
  of	
  market	
  posi9on	
  and	
  a	
  clear	
  ar9cula9on	
  of	
  the	
  
unique	
  value	
  proposi9on	
  
•  Selec9on	
  of	
  marke9ng	
  communica9ons	
  media	
  to	
  reach	
  the	
  target	
  
audience	
  and	
  build	
  awareness	
  to	
  precondi9on	
  prospects	
  for	
  salespeople	
  
25	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
What’s	
  Their	
  Differen9a9on	
  Strategy?	
  
26	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
How	
  About	
  this	
  Company?	
  
27	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Targe9ng	
  the	
  Right	
  Markets	
  
•  Why	
  Target…What’s	
  in	
  it	
  for	
  Me?	
  
−  Every	
  business	
  needs	
  to	
  define	
  WHO	
  their	
  customers	
  are	
  going	
  to	
  be	
  
	
  
•  Targe9ng	
  Techniques	
  
−  B2C	
  versus	
  B2B	
  
−  Horizontal	
  versus	
  VerIcal	
  
	
  
•  Prospec9ng,	
  Iden9fying,	
  and	
  Evalua9ng	
  Target	
  Markets	
  	
  
	
  
28	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Target	
  Markets	
  Defined	
  
•  Target	
  markets	
  are	
  defined	
  
segments	
  of	
  the	
  market	
  that	
  
are	
  the	
  strategic	
  focus	
  of	
  a	
  
business/marke9ng	
  plan	
  	
  
•  They	
  represent	
  the	
  prospect	
  
base	
  for	
  your	
  specific	
  product/
solu9on	
  offering	
  
•  B2B	
  vs.	
  B2C;	
  horizontal	
  vs.	
  
ver9cal	
  
29	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Benefits	
  of	
  a	
  Target	
  Market	
  Approach	
  
•  You	
  get	
  more	
  agen9on	
  in	
  your	
  market	
  space	
  
•  You	
  are	
  viewed	
  as	
  an	
  expert	
  within	
  the	
  segment	
  
•  You	
  can	
  market	
  more	
  effec9vely	
  to	
  a	
  targeted	
  client	
  and	
  
prospect	
  base	
  
•  Your	
  selling	
  process	
  becomes	
  more	
  produc9ve	
  
•  You	
  can	
  develop	
  “business	
  acumen”	
  
30	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Business-­‐to-­‐Consumer	
  (B2C)	
  
versus	
  Business-­‐to-­‐Business	
  (B2B)	
  
Markets	
  
31	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
B2C	
  	
  
32	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Horizontal	
  Markets	
  and	
  the	
  
Prin9ng	
  Industry	
  
33	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
4.3%
10.8%
14.0%
16.1%
20.4%
28.0%
36.6%
50.5%
52.7%
54.8%
81.7%
0% 20% 40% 60% 80% 100%
Other
Chief	
  Financial	
  Officers
Supply	
  chain	
  management
Office	
  Managers
Human	
  resources	
  departments
Training	
  departments
Regional	
  businesses
Chief	
  Marketing	
  Officers
Local	
  businesses
Small	
  and	
  medium-­‐sized	
  businesses
Marketing	
  departments
N	
  =	
  93	
  Print-­‐for-­‐Pay	
  Respondents	
  who	
  have	
  a	
  horizontal	
  market	
  focus	
  
Source:	
  Evolu3on	
  of	
  the	
  Cross-­‐Media	
  Marke3ng	
  Services	
  Provider,	
  InfoTrends	
  2011	
  	
  
	
  
Five	
  Responses	
  Permided	
  
Horizontal	
  Market:	
  Sta9s9cs	
  
34	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Ver9cal	
  Markets	
  and	
  the	
  
Prin9ng	
  Industry	
  	
  
	
  
35	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
9.2%
3.1%
7.1%
7.1%
7.1%
8.2%
8.2%
9.2%
9.2%
10.2%
12.2%
12.2%
13.3%
17.3%
20.4%
21.4%
22.4%
38.8%
42.9%
44.9%
55.1%
0% 20% 40% 60%
Other
Photo	
  Services
High-­‐tech
Travel	
  &	
  Tourism
Legal	
  Services
Entertainment
Casinos	
  &	
  Gambling
Government	
  and
Telecommunications
Real	
  Estate
General	
  Manufacturing
Automotive
Pharmaceutical
Hospitality
Retail
Advertising	
  Agencies
Insurance
Non-­‐Profit
Education	
  &	
  Training
Financial	
  Services
Healthcare
N	
  =	
  98	
  Print-­‐for-­‐Pay	
  Respondents	
  who	
  have	
  a	
  verIcal	
  market	
  focus	
  
Source:	
  Evolu3on	
  of	
  the	
  Cross-­‐Media	
  Marke3ng	
  Services	
  Provider,	
  InfoTrends	
  2011	
  
Five	
  Responses	
  Permided	
  
Do	
  You	
  Have	
  a	
  Ver9cal	
  Market	
  Focus?	
  
36	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
One	
  to	
  One	
  Gulfcoast:	
  Helping	
  Non-­‐profits	
  
37	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Growing	
  Your	
  Base	
  is	
  a	
  Good	
  Star9ng	
  Point	
  
•  The	
  best	
  way	
  to	
  grow	
  your	
  
business	
  is	
  with	
  the	
  customers	
  you	
  
already	
  have	
  
−  Expanding	
  services	
  to	
  drive	
  share	
  of	
  
customer	
  
−  ConInually	
  adding	
  value	
  
•  Iden9fy	
  “like”	
  customers	
  within	
  
your	
  desired	
  geographic	
  reach	
  
38	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Target	
  Prac9ce:	
  How	
  to	
  Take	
  Aim	
  
	
  
•  Where	
  am	
  I	
  successful	
  today?	
  What	
  are	
  the	
  characteris9cs	
  of	
  my	
  
exis9ng	
  base?	
  Can	
  I	
  sell	
  more	
  to	
  these	
  customers?	
  
•  Are	
  exis9ng	
  or	
  new	
  market	
  segments	
  iden9fiable?	
  Can	
  they	
  be	
  
measured?	
  	
  
•  Is	
  the	
  segment	
  substan9al?	
  Is	
  it	
  a	
  growth	
  market,	
  or	
  is	
  there	
  an	
  
opportunity	
  to	
  gain	
  share	
  based	
  on	
  technology?	
  	
  
−  Size	
  of	
  the	
  segment	
  within	
  targeted	
  geography	
  
−  Growth	
  rate	
  of	
  the	
  segment	
  
−  CompeIIon	
  in	
  the	
  segment	
  
−  Brand	
  loyalty	
  of	
  the	
  customers	
  in	
  the	
  segment	
  
−  Adainable	
  share	
  given	
  compeItors’	
  expenditures	
  
−  Sales	
  potenIal	
  
−  AnIcipated	
  margins	
  
39	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Target	
  Prac9ce:	
  How	
  to	
  Take	
  Aim	
  
	
  
•  Is	
  there	
  easy	
  access	
  to	
  the	
  
segment?	
  	
  
−  Current	
  customers/share	
  of	
  customer	
  
with	
  new	
  offerings	
  
−  Prospects	
  
−  Can	
  you	
  idenIfy	
  companies	
  and	
  
execuIves	
  by	
  name?	
  
•  Does	
  the	
  market	
  have	
  unique	
  
needs	
  that	
  let	
  your	
  organizaIon	
  
provide	
  differenIated	
  value-­‐add	
  to	
  
the	
  customer?	
  	
  
•  Is	
  the	
  market	
  durable	
  and	
  stable	
  
so	
  that	
  the	
  cost	
  of	
  changes	
  is	
  
minimal?	
  
40	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Market	
  Posi9oning	
  
	
  
•  The	
  process	
  by	
  which	
  
marketers	
  create	
  an	
  image	
  or	
  
iden9ty	
  in	
  the	
  minds	
  of	
  their	
  
target	
  market	
  for	
  a	
  product,	
  
brand,	
  or	
  organiza9on	
  
•  The	
  “rela9ve	
  compe99ve	
  
comparison”	
  a	
  product	
  
occupies	
  in	
  a	
  given	
  market	
  as	
  
perceived	
  by	
  the	
  target	
  
market	
  
•  What	
  makes	
  your	
  company	
  
stand	
  out!	
  	
  
41	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Posi9oning	
  Components	
  
	
  
•  Superla9ve	
  	
  
–  Why	
  choose	
  this	
  supplier?	
  	
  
•  Label	
  	
  
–  What	
  are	
  the	
  products	
  and	
  services	
  offered?	
  	
  
•  Qualifiers	
  
–  Who	
  should	
  choose	
  this	
  product?	
  	
  
•  Benefits	
  
–  What	
  value	
  do	
  you	
  bring?	
  
–  What	
  problem	
  do	
  you	
  solve?	
  	
  
42	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Sunbelt	
  Systems	
  –	
  Retail	
  Focus	
  
43	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
It’s	
  about	
  Results	
  
•  Business	
  will	
  double	
  
this	
  year	
  
•  By	
  the	
  end	
  of	
  this	
  
year,	
  the	
  company	
  
will	
  have	
  generated	
  
more	
  than	
  $100	
  
million	
  in	
  new	
  funds	
  
for	
  clients	
  
44	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
The	
  4	
  Ps:	
  Product	
  
45	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
The	
  4	
  Ps:	
  Product,	
  Price,	
  Place,	
  and	
  Promo9on	
  
	
  
•  Product:	
  Strategies	
  for	
  idenIfying	
  customer	
  requirements	
  
within	
  target	
  markets	
  
•  Price:	
  Pricing	
  strategies	
  
•  Place:	
  Placement	
  (distribuIon)	
  strategies—direct	
  sales	
  
versus	
  the	
  Internet	
  versus	
  brokers	
  
•  Promo9on:	
  Various	
  promoIonal	
  strategies,	
  including	
  mass	
  
media,	
  direct	
  media,	
  websites,	
  and	
  social	
  networking	
  
	
  
46	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Defining	
  Product	
  
“Product”	
  is	
  the	
  bundle	
  of	
  goods	
  and	
  services	
  offered	
  to	
  sa9sfy	
  
the	
  needs	
  and	
  wants	
  of	
  customers	
  
Insurance	
  
Execu9ves	
  
Marke9ng	
  Department	
  
University	
  Professors	
  
B2C	
  Moms	
  
Healthcare	
  
47	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
3.2
3.2
3.2
3.2
3.2
3.3
3.3
3.4
3.4
1 2 3 4 5
Website	
  design
Web	
  hosting
Multi-­‐channel	
  integrated	
  marketing
Mobile	
  marketing
Materials	
  warehousing
Strategic	
  marketing	
  services
e-­‐Mail	
  messaging
Graphic	
  design
Mailing	
  and	
  fulfillment
The	
  Value	
  of	
  Value-­‐added	
  Services	
  
	
  
N	
  =	
  896	
  
Source:	
  Understanding	
  Ver3cal	
  Markets:	
  Enterprise	
  Communica3ons	
  Requirements;	
  InfoTrends	
  December	
  2012	
  
Extremely	
  Important	
  
Not	
  important	
  at	
  all	
  
How	
  important	
  is	
  it	
  for	
  a	
  print	
  services	
  vendor	
  to	
  offer	
  the	
  following	
  ancillary	
  services?	
  (Means)	
  	
  
48	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
You	
  Can	
  Do	
  This	
  
Cost	
  +	
   Price	
  Range	
  
Minimum	
  
Profit	
  
Cost	
  
Rela9ve	
  Perceived	
  Value	
  
Price	
  Ceiling	
  
Price	
  Floor	
  
49	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
How	
  does	
  your	
  company	
  charge	
  for	
  any	
  of	
  the	
  following	
  
services	
  to	
  customers?	
  –	
  Data	
  and	
  Metrics	
  
N	
  =	
  Varies	
  
Base	
  =	
  Print-­‐for-­‐Pay	
  Respondents	
  who	
  offer	
  various	
  cross-­‐media	
  services	
  
Source:	
  EvoluIon	
  of	
  the	
  Cross-­‐Media	
  MarkeIng	
  Services	
  Provider,	
  InfoTrends	
  2011	
  
53.7%	
  
22.0%	
  
39.6%	
  
26.6%	
  
24.6%	
  
44.1%	
  
28.0%	
  
57.1%	
  
31.3%	
  
50.5%	
  
55.1%	
  
43.4%	
  
8.8%	
  
12.5%	
  
10.1%	
  
13.4%	
  
12.1%	
  
16.7%	
  
12.8%	
  
16.1%	
  
7.7%	
  
0%	
   20%	
   40%	
   60%	
   80%	
   100%	
  
Database	
  Programming	
  
Sebng	
  up	
  a	
  campaign	
  dashboard	
  
Data	
  analy9cs	
  
Campaign	
  response	
  tracking	
  &	
  management	
  
Personalized	
  URL	
  (pURL)	
  tracking	
  and	
  repor9ng	
  
Data	
  prepara9on	
  
Hourly	
   Flat	
  Fee	
   Don't	
  Charge	
   Don't	
  know	
  
50	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
$76.3
$83.9
$90.3
$94.3
$94.5
$104.5
$0 $50 $100 $150
Data/preparation
Campaign/response
tracking/&/management
Data/analytics
Personalized/URL
(pURL)/generation
Setting/up/campaign
dashboard
Database/programming
Average	
  Hourly	
  Fees	
  Data	
  and	
  Metrics	
  (Means)	
  
N	
  =	
  Varies	
  
Base	
  =	
  Print-­‐for-­‐Pay	
  Respondents	
  who	
  charge	
  an	
  hourly	
  fee	
  
Source:	
  EvoluIon	
  of	
  the	
  Cross-­‐Media	
  MarkeIng	
  Services	
  Provider,	
  InfoTrends	
  2011	
  
51	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Cost	
  Plus:	
  Other	
  Considera9ons	
  
Source:	
  LithExcel	
  Marke9ng	
  Services	
  Provider	
  
52	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Other	
  Considera9ons	
  
•  Turnaround	
  
•  Slow	
  payers	
  
•  Headache	
  factor	
  
•  Capacity	
  
53	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Transforming	
  Price	
  into	
  Value	
  
Increased	
  
Response	
  
Rates	
  
Reduc9on	
  in	
  
Inventory	
  Cost	
  
Brand	
  Protec9on	
  
Increased	
  
Average	
  
Order	
  
Increased	
  
Life9me	
  Value	
  
of	
  Customer	
  
Enhanced	
  Support	
  to	
  
Dealer	
  Channels	
  
54	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Cross-­‐media	
  in	
  Ac9on	
  
Client:	
  Rosetown	
  Mainline	
  Motor	
  Products	
  in	
  SK	
  
	
  
Objec9ve:	
  Drive	
  traffic	
  to	
  an	
  end	
  of	
  year	
  sales	
  event	
  and	
  sell	
  more	
  cars	
  
	
  
Solu9on:	
  Cross-­‐media	
  campaign	
  including	
  print,	
  personalized	
  landing	
  pages,	
  &	
  print	
  adver9sing	
  
MarkeIng	
  Service	
  Provider:	
  
PDQ	
  PostGroup,	
  Vancouver,	
  BC	
  
55	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Cross	
  Channel	
  –	
  Rosetown	
  Mainline	
  	
  
Current	
   Opportunity	
   Poten9al	
  
Increase	
  
Audience	
   10,000	
   10,000	
  
Response	
  
Rate	
  
1.2%	
   3%	
   1.8	
  
Leads	
   120	
   300	
   180	
  
Average	
  Profit	
  
Per	
  Sale	
  
$804	
   $804	
  
Profit	
   $96,000	
   $241,200	
   $145,200	
  
151%	
  Improvement	
  
56	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Cross-­‐media	
  in	
  Ac9on	
  –	
  The	
  Results	
  
441%	
  
Increase	
  
5.3%	
  
Response	
  Rate	
  
Equaled	
  60%	
  of	
  that	
  
Month’s	
  Sales	
  
57	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Capturing	
  the	
  Costs	
  
Source:	
  For	
  Reasons	
  to	
  Use	
  a	
  MarkeIng	
  Asset	
  Management	
  SoluIon,	
  Point	
  
Balance	
  
58	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Value	
  Pricing	
  
•  10%	
  of	
  incremental	
  opportunity	
  
•  20%	
  of	
  savings	
  
•  Remember	
  to	
  consider	
  life9me	
  value	
  of	
  customer	
  or	
  
savings	
  
•  Remember	
  to	
  consider	
  value	
  of	
  con9nuous	
  improvement	
  
59	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Final	
  Thoughts	
  on	
  Pricing	
  
•  Prin9ng	
  companies	
  with	
  the	
  highest	
  profits	
  make	
  
complex	
  offerings	
  and	
  deliver	
  value-­‐added	
  solu9ons	
  
•  Value	
  and	
  price	
  link	
  to:	
  
−  Time	
  
−  Discrete	
  features	
  
−  Unique	
  soluIons	
  
•  Measure,	
  test,	
  measure…gives	
  you	
  	
  
something	
  to	
  talk	
  about	
  so	
  you	
  can	
  demonstrate	
  how	
  
your	
  solu9ons	
  add	
  value	
  
•  Become	
  the	
  strategically	
  important	
  provider	
  
60	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Customers	
  and	
  Prospects	
  Need	
  to	
  Know	
  Who	
  
You	
  are	
  and	
  the	
  VALUE	
  You	
  Deliver	
  
61	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
A Simple Model
Awareness	
  
Considera9on	
  
Hit	
  Rate	
  
62	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Reputa9on,	
  Online	
  Marke9ng	
  Drive	
  SMBs	
  to	
  Web	
  Services	
  
N	
  =	
  	
  1,209	
  	
  Respondents	
  that	
  have	
  ordered	
  prints	
  over	
  the	
  internet	
  
	
  
5%
2%
6%
7%
8%
8%
10%
24%
24%
24%
28%
29%
0% 10% 20% 30%
Do.not.know
Other.
Yellow.pages.or.other.printed.directories
TV.or.radio.advertisements
Passing.by.the.providers’.location
Newspapers.or.circulars
Industry.association.or.chamber.of.commerce
Web.searches.
Direct.marketing.from.the.service.provider
Online.advertising
Referrals.from.friends.or.colleagues
My.business.has.a.preOexisting.relationship.
Percentage.of.Respondents
MulIple	
  Responses	
  Permided	
  	
  
How	
  did	
  your	
  business	
  find	
  the	
  Web-­‐based	
  service	
  provider(s)?	
  
63	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Awareness	
  in	
  a	
  Mul9-­‐media	
  World	
  
64	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Interac9on	
  
Both	
  Overt	
  and	
  Covert	
  
Lead	
  Gen	
  Process	
  
Addi9onal	
  
Qualifica9on	
  
Landing	
  Page	
  
Become	
  Qualified	
  
Inbound	
  Leads	
  
Enter	
  the	
  Selling	
  Process	
  	
  
Not	
  Qualified	
  
Loyalty	
  
Nurture	
  Tac9cs	
  
65	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
McArdle:	
  Educa9ng	
  Customers	
  
66	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Envision3:	
  Thought	
  Leadership	
  	
  
67	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Lunch	
  &	
  Learn	
  
68	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
LinkedIn:	
  Leading	
  the	
  B2B	
  Social	
  Network	
  
69	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Blogs:	
  Knowledge	
  Sharing	
  with	
  Exis9ng	
  Customers	
  and	
  
Prospects	
  
www.prinTorum.info	
  
www.tukaiz.com	
  
70	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Rising	
  to	
  the	
  Top	
  of	
  Digital	
  Prin9ng:	
  Keyword	
  Ownership	
  
71	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
What	
  is	
  the	
  Quality	
  of	
  Your	
  Website?	
  
•  Do	
  not	
  make	
  visitors	
  play	
  “What’s	
  my	
  line?”	
  
−  What	
  is	
  your	
  website	
  offering	
  to	
  the	
  visitor?	
  
•  Stay	
  away	
  from	
  bells	
  and	
  whistles	
  
−  Anima3ons	
  look	
  cool,	
  but	
  they	
  slow	
  things	
  down	
  
•  Pay	
  special	
  agen9on	
  to	
  naviga9on	
  and	
  interac9vity	
  
•  Place	
  valuable	
  informa9on	
  on	
  the	
  site	
  and	
  create	
  a	
  good	
  
contact	
  page	
  
•  Put	
  “calls	
  to	
  ac9on”	
  on	
  every	
  page	
  
•  Keep	
  your	
  site	
  up-­‐to-­‐date	
  
•  Use	
  response	
  forms	
  to	
  encourage	
  interac9on	
  
72	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Summary	
  
•  Efficient	
  and	
  effec9ve	
  marke9ng	
  depends	
  on:	
  
−  Focusing	
  on	
  your	
  target	
  markets	
  
−  Understanding	
  your	
  customers	
  needs	
  and	
  value	
  drivers	
  
−  Understanding	
  why	
  you	
  are	
  different	
  and	
  the	
  unique	
  value	
  you	
  can	
  
deliver	
  
−  Aligning	
  your	
  pricing	
  with	
  the	
  value	
  you	
  drive	
  for	
  your	
  customers	
  
−  CreaIng	
  a	
  closed	
  loop	
  communicaIon	
  strategy	
  that	
  helps	
  the	
  right	
  
customers	
  find	
  you	
  and	
  you	
  to	
  find	
  the	
  right	
  customers	
  	
  
73	
  	
  ©	
  2014	
  InfoTrends	
   www.infotrends.com	
  
Any	
  Ques9ons?	
  
Kate.Dunn@infotrends.com	
  

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EFI Connect Bldg a Mkting Plan_FINAL2

  • 1. 1    ©  2014  InfoTrends   www.infotrends.com  ©  2014  InfoTrends   EFI  Connect   InfoTrends:  Building  a  Marke9ng  Plan  for   Graphic  Services   Kate  Dunn   Director   January  21,  2014  
  • 2. 2    ©  2014  InfoTrends   www.infotrends.com   Objec9ves   •  Review  key  elements  of  a  strategic  marke9ng  plan   •  Iden9fy  target  markets   −  Who  you  should  target  for  wide  format,  web-­‐to-­‐print,  and  other  graphic   services   •  Iden9fy  customer  requirements   −  What  are  your  customers’  real  needs?   •  Pricing  Strategies   −  What  services  do  they  value?   •  Company  Posi9oning   −  How  you  can  you  differenIate  your  business  from  the  compeIIon?   •  Promo9ng  Your  Business   −  How  should  you  interact  with  your  prospects?  
  • 3. 3    ©  2014  InfoTrends   www.infotrends.com   Start  with  the  Basics   Rome  wasn’t  built  in  a  day…but  it  started  with  one!  
  • 4. 4    ©  2014  InfoTrends   www.infotrends.com   N = 687 Focus  on  the  Growth  Opportunity   26.6%   22.4%   6.2%   6.0%   12.6%   12.5%   31.7%   32.7%   9.7%   10.8%   13.3%   15.6%   0%   20%   40%   60%   80%   100%   2011   2013   Value-­‐Added  Services   Wide-­‐Format  Digital  Prin9ng  -­‐  Prin9ng  produced  on  digital  wide  format  devices   Digital  Prin9ng  (not  including  wide  format)  -­‐  Prin9ng  or  copying  on  digital  presses/systems   Finishing  -­‐  Binding,  Cubng,  Folding,  Inser9ng,  Colla9ng,  etc.   Other  Conven9onal  Prin9ng  -­‐  Flexo,  Gravure,  Screen  prin9ng   Offset  Prin9ng  -­‐  Conven9onal  offset  and/or  direct  image  presses    
  • 5. 5    ©  2014  InfoTrends   www.infotrends.com   10  Fastest-­‐Growing  Applica9ons  (Absolute  Page   Growth)   0   20   40   60   80   100   120   Labels   Posters,  banners,  signage   Inserts,  coupons   Newspapers/newslegers   Direct  Mail   Magazines   Catalogs   Brochures   TransPromo   Books   Billion  Impressions  (A4)   2017   2012   +  40.4  bn  pages   +  14.9  bn  pages   +  12.1bn  pages   +  11.1  bn  pages   +  9.9  bn  pages   +  9.8  bn  pages   +  6.8  bn  pages   +  5.0  bn  pages   +  4.2  bn  pages   +  2.6  bn  pages   Source:  U.S.  Digital  Produc3on  Prin3ng  Applica3on   Forecast,  InfoTrends  2013  
  • 6. 6    ©  2014  InfoTrends   www.infotrends.com   Communica9ons  Spending  Distribu9on   Projected Annual Growth Rate 8.8% -2.1% 1.5% 4.9% -6.2% Key  Findings     • Mobile  is  the  fastest   growing  channel,  followed   by  online/web   • Spending  on  print  is  highest,   but  it  is  a  declining  channel   • Print  remains  the  largest,   but  by  a  small  margin   N  =  1,026     Source:  Understanding  Ver3cal  Markets:  Enterprise  Communica3ons  Requirements;  InfoTrends  December  2012   How  is  your  company’s  total  communicaIons  spending  distributed  by  the  following  communicaIon  types?     34.1%   29.9%   25.3%   27.8%   16.2%   16.7%   11.7%   11.2%   10.2%   12.0%   0%   20%   40%   60%   80%   100%   Last  12  Months   Next  2  Years   Print     Online/Web   Video   Audio     Mobile   Other  
  • 7. 7    ©  2014  InfoTrends   www.infotrends.com    Q18:  What  percentage  of  your  company’s  total  communicaIon  budget  is  spent  within  the  following  categories?     N  =  1,026   Communica9ons  Category  Spending   Key  Findings     •  Majority  of  communicaIons   focus  on  promoIonal  print     •  CommunicaIons  budgets  are   fairly  evenly  distributed   across  sales  and  markeIng   acIviIes   •  Mass  media  and  digital   markeIng  consume  about  an   equal  share  of  budget  dollars   •  TransacIonal  print  is  a  solid   category   Promo9onal   print     17.2   Sales  documents     13.7   Mass  media   adver9sing     12.3  Business  iden9ty     12.1   Digital  marke9ng     11.8   Business   documents   11.3   Transac9onal   print   9.5   Mobile   marke9ng     5.5   Social  Media     5.3   Other   1.4  
  • 8. 8    ©  2014  InfoTrends   www.infotrends.com   0   100   200   300   400   500   600   700   2012   2013   2014   2015   2016   2017   Process   Color   B&W   -­‐5.6%  CAGR   14.2%  CAGR   Annual  Impressions  (B)   Overall  1.1%  CAGR   581  B   550  B   Source:  InfoTrends  U.S.  Print  On  Demand  2012-­‐2017  Market  Forecast   Annual  Impressions:  Produc9on  Copying  &  Digital  Prin9ng  
  • 9. 9    ©  2014  InfoTrends   www.infotrends.com   $8.0   $5.6   $29.2   $33.1   0   10   20   30   40   50   2012   2017   Process  Color   B&W   $37.2  Billion   $38.7  Billion   Overall  0.8%  CAGR   (Process  Color  2.5%,  Mono-­‐6.8%)   Retail  value  of  print  ($Billions)   Source:  InfoTrends  U.S.  Print  On  Demand  2012-­‐2017  Market  Forecast   Print  on  Demand  Market:  Retail  Value  of  Print  (2012-­‐2017)  
  • 10. 10    ©  2014  InfoTrends   www.infotrends.com   Retail  Value  of  Wide  Format  Digital  Print  in  N.  America  ($B)   6.7%  CAGR  from   2012  -­‐  2017    $16.1      $17.2      $18.5      $19.7      $21.0      $22.3      $-­‐          $5.0      $10.0      $15.0      $20.0      $25.0     2012   2013   2014   2015   2016   2017  
  • 11. 11    ©  2014  InfoTrends   www.infotrends.com   45.4% 42.5% 37.4% 31.6% 19.9% 12.8% 8.6% 7.5% 6.5% 36.8% 41.0% 46.9% 51.7% 55.9% 48.5% 35.4% 25.9% 21.8% 7.1% 7.7% 8.6% 10.7% 18.2% 30.8% 42.9% 47.1% 48.5% 10.7% 8.8% 7.1% 6.1% 6.1% 7.9% 13.2% 19.5% 23.2% 0% 20% 40% 60% 80% 100% <250 250  to  499500  to  999 1,000  to 2,499 2,500  to 4,999 5,000  to 9,999 10,000  to 24,999 25,000  to 49,999 50,000  + Increase Stay  the  same Decrease Do  not  offer Run  Lengths  are  Declining   N  =  417  Print  Service  Providers  and  In-­‐plants   Source:  InfoTrends’  Emerging  Strategies  Survey,  Q1  2011   For  the  following  run  lengths  do  you  see  an  increase  or  decrease  in  the  frequency  of  prinIng  jobs?   Trend  to  shorter  run  lengths  
  • 12. 12    ©  2014  InfoTrends   www.infotrends.com   Source:  InfoTrends,  2012   8.3%   CAGR   Retail  Value  of  U.S.  POD  Variable  Data  Market   $4.2   $4.0   $3.7   $3.5   $3.3   $3.1   $10.3   $11.6   $13.0   $14.7   $16.6   $18.6   $0   $5   $10   $15   $20   $25   2011   2012   2013   2014   2015   2016   Color   Mono   Billions  $   $14.5B   $15.5B   $16.7B   $18.2B   $19.9B   $21.6B   12.5%     CAGR  ‘11-­‐’16   -­‐6.0%  CAGR   ‘11-­‐’16  
  • 13. 13    ©  2014  InfoTrends   www.infotrends.com   What  percentage  of  your  customer  communicaIons  or  markeIng  campaigns  fit  into  the  following  categories?     N  =  1,026  Corporate  Enterprises   Source:  Understanding  Ver3cal  Markets:  Enterprise   Communica3ons  Requirements;  InfoTrends  December  2012     Audience-­‐targe9ng  Approaches   Mass  Marke9ng   (One-­‐to-­‐Many)   37.4   Segmented   Marke9ng  (One-­‐to-­‐ Few)   33.4   Personalized   Marke9ng  (One-­‐to-­‐ One)   29.2  
  • 14. 14    ©  2014  InfoTrends   www.infotrends.com       •  Today’s  consumers  are  ALWAYS  ON  and  marketers  don’t   know  which  channel  to  use!   Consumers  are  ALWAYS  ON    
  • 15. 15    ©  2014  InfoTrends   www.infotrends.com   How  many  different  media  types  does  your  company  use  for  a  typical  communicaIon/markeIng  campaign?   N  =  1,026  Corporate  Enterprises   Source:  Understanding  Ver3cal  Markets:  Enterprise  Communica3ons  Requirements;  InfoTrends  December  2012   Key  Findings     •  Average  number  media  types   used  in  a  campaign:  3     •  47%  of  printed  markeIng   materials  linked  to  online  digital   channels  in  past  12  months   Everything  Needs  to  Work  Together   One   8.8%   Two   30.2%   Three   36.4%   Four   13.4%   Five  or  more   3.7%   Don't  know   7.6%  
  • 16. 16    ©  2014  InfoTrends   www.infotrends.com   2.6% 1.3% 14.6% 14.8% 16.1% 17.7% 21.2% 28.0% 29.6% 30.7% 31.0% 33.9% 38.6% 41.5% 52.1% 56.1% 0% 20% 40% 60% 80% Don’t2know None2of2the2above Books Retail2store2receipts Outdoor Directory Product2packaging Newspapers PointJofJpurchase2displays Catalogs Inserts Business2cards Magazines Bills2or2statements Direct2mail Brochures What  types  of  printed  media  have  you  included  a  link  or  connecIon  to  digital  media  over  the  past  12  months?     N=  378   Source:  Understanding  Ver3cal  Markets:  Enterprise  Communica3ons  Requirements;  InfoTrends  December  2012   MulIple  Responses  Permided     Pressure  to  Transform  and  Connect  Print  to  Digital   Channels  
  • 17. 17    ©  2014  InfoTrends   www.infotrends.com   14.8% 15.6% 20.4% 21.2% 25.7% 26.2% 29.4% 31.5% 32.0% 33.9% 0% 10% 20% 30% 40% Create2buzz Competitors2are2doing2it Expand2my2brand2beyond2products2featured2in2a printed2piece Experimentation2with2emerging2technology Add2interactivity2to2traditional2media Capture2information Integrate2social2media2 Boost2response2rates Reach2a2target2demographic Reach2a2broader2audience  What  are  your  company’s  top  reasons  for  blending  print  and  digital  channels?  (Top  10)   N=  378   Source:  Understanding  Ver3cal  Markets:  Enterprise  Communica3ons  Requirements;  InfoTrends  December  2012   Three  Responses  Permided     Reasons  for  Blending  Media  Channels  
  • 18. 18    ©  2014  InfoTrends   www.infotrends.com   End  Users  Want  a  One-­‐stop  Shop:  Web-­‐based   Procurement     Collateral   Management   Business  Cards   &  Sta9onery   Promo9onal   Products   Merchandising/   Signage   Yes   57.1%   No     22.1%   Don't  Know   20.8%   Source:  Understanding  Ver3cal  Markets:  Enterprise  Communica3ons   Requirements;  InfoTrends  December  2012      Do  your  print  vendors  provide  a  web-­‐based  purchasing  plagorm   and/or  portal?    
  • 19. 19    ©  2014  InfoTrends   www.infotrends.com   N  =  896   Source:  Understanding  Ver3cal  Markets:  Enterprise  Communica3ons  Requirements;  InfoTrends  December  2012    What  percentage  of  your  business’  total  print  spend  has  been/will  be  ordered  over  the  Internet?   Online  Print  Spending  (Means)     31.9%   40.0%   0%   10%   20%   30%   40%   50%   Last  Twelve  Months   Next  Two  Years  
  • 20. 20    ©  2014  InfoTrends   www.infotrends.com   Web-­‐enablement  Today:  Room  for  Improvement   5.2%   14.6%   12.5%   15.6%   26.0%   29.2%   36.5%   41.7%   46.9%   58.3%   63.5%   7.0%   23.4%   5.1%   7.0%   29.7%   29.1%   34.8%   30.4%   36.1%   44.9%   48.1%   0%   20%   40%   60%   80%   Not  applicable,  do  not  have  a  company  website   None,  do  not  offer  on  our  company  website   List  acquisi9on   Marke9ng  dashboards   Bill  and  invoicing   Order  tracking   Ad-­‐hoc  job  submission   Catalog-­‐based  ordering   Job  customiza9on/personaliza9on/variable  data   Job  proofing   Request-­‐for-­‐quote   In-­‐Plant  (N=158)   Print-­‐for-­‐Pay  (N=96)   Which  of  the  following  capabiliIes  do  you  offer  to  customers  through  a  website  or  web-­‐based  interface(s)?   MulIple  Responses  Permided   Source:  Trends  in  Web-­‐to-­‐Print,  Emerging  Trends,  InfoTrends  2013  
  • 21. 21    ©  2014  InfoTrends   www.infotrends.com       Marke9ng   − A  sales  brochure   − An  adver9sement  in   the  newspaper   − An  e-­‐mail  blast   − A  sales  call   − Telemarke9ng   − Your  website   ≠  
  • 22. 22    ©  2014  InfoTrends   www.infotrends.com   According  to  the  American  Marke9ng  Associa9on…   A  marke5ng  plan  encompasses  everything  you  do  to   aDract  customers/clients  and  to  keep  them  coming   back  and  referring  others  to  you.   It  is  wriDen   down!  
  • 23. 23    ©  2014  InfoTrends   www.infotrends.com   It’s  About  Differen9a9on  
  • 24. 24    ©  2014  InfoTrends   www.infotrends.com   A “True” Marketing Plan •  Analysis  of  customers  and  the  business  environment  to  iden9fy  the  right   target  markets   •  Research  of  the  specific  opportuni9es  to  beger  and  more  profitably   meet  customer  needs  in  the  iden9fied  segments   •  Development  of  product  and  service  offerings  that  meet  customer  needs     •  Effec9ve  assessment  of  market  posi9on  and  a  clear  ar9cula9on  of  the   unique  value  proposi9on   •  Selec9on  of  marke9ng  communica9ons  media  to  reach  the  target   audience  and  build  awareness  to  precondi9on  prospects  for  salespeople  
  • 25. 25    ©  2014  InfoTrends   www.infotrends.com   What’s  Their  Differen9a9on  Strategy?  
  • 26. 26    ©  2014  InfoTrends   www.infotrends.com   How  About  this  Company?  
  • 27. 27    ©  2014  InfoTrends   www.infotrends.com   Targe9ng  the  Right  Markets   •  Why  Target…What’s  in  it  for  Me?   −  Every  business  needs  to  define  WHO  their  customers  are  going  to  be     •  Targe9ng  Techniques   −  B2C  versus  B2B   −  Horizontal  versus  VerIcal     •  Prospec9ng,  Iden9fying,  and  Evalua9ng  Target  Markets      
  • 28. 28    ©  2014  InfoTrends   www.infotrends.com   Target  Markets  Defined   •  Target  markets  are  defined   segments  of  the  market  that   are  the  strategic  focus  of  a   business/marke9ng  plan     •  They  represent  the  prospect   base  for  your  specific  product/ solu9on  offering   •  B2B  vs.  B2C;  horizontal  vs.   ver9cal  
  • 29. 29    ©  2014  InfoTrends   www.infotrends.com   Benefits  of  a  Target  Market  Approach   •  You  get  more  agen9on  in  your  market  space   •  You  are  viewed  as  an  expert  within  the  segment   •  You  can  market  more  effec9vely  to  a  targeted  client  and   prospect  base   •  Your  selling  process  becomes  more  produc9ve   •  You  can  develop  “business  acumen”  
  • 30. 30    ©  2014  InfoTrends   www.infotrends.com   Business-­‐to-­‐Consumer  (B2C)   versus  Business-­‐to-­‐Business  (B2B)   Markets  
  • 31. 31    ©  2014  InfoTrends   www.infotrends.com   B2C    
  • 32. 32    ©  2014  InfoTrends   www.infotrends.com   Horizontal  Markets  and  the   Prin9ng  Industry  
  • 33. 33    ©  2014  InfoTrends   www.infotrends.com   4.3% 10.8% 14.0% 16.1% 20.4% 28.0% 36.6% 50.5% 52.7% 54.8% 81.7% 0% 20% 40% 60% 80% 100% Other Chief  Financial  Officers Supply  chain  management Office  Managers Human  resources  departments Training  departments Regional  businesses Chief  Marketing  Officers Local  businesses Small  and  medium-­‐sized  businesses Marketing  departments N  =  93  Print-­‐for-­‐Pay  Respondents  who  have  a  horizontal  market  focus   Source:  Evolu3on  of  the  Cross-­‐Media  Marke3ng  Services  Provider,  InfoTrends  2011       Five  Responses  Permided   Horizontal  Market:  Sta9s9cs  
  • 34. 34    ©  2014  InfoTrends   www.infotrends.com   Ver9cal  Markets  and  the   Prin9ng  Industry      
  • 35. 35    ©  2014  InfoTrends   www.infotrends.com   9.2% 3.1% 7.1% 7.1% 7.1% 8.2% 8.2% 9.2% 9.2% 10.2% 12.2% 12.2% 13.3% 17.3% 20.4% 21.4% 22.4% 38.8% 42.9% 44.9% 55.1% 0% 20% 40% 60% Other Photo  Services High-­‐tech Travel  &  Tourism Legal  Services Entertainment Casinos  &  Gambling Government  and Telecommunications Real  Estate General  Manufacturing Automotive Pharmaceutical Hospitality Retail Advertising  Agencies Insurance Non-­‐Profit Education  &  Training Financial  Services Healthcare N  =  98  Print-­‐for-­‐Pay  Respondents  who  have  a  verIcal  market  focus   Source:  Evolu3on  of  the  Cross-­‐Media  Marke3ng  Services  Provider,  InfoTrends  2011   Five  Responses  Permided   Do  You  Have  a  Ver9cal  Market  Focus?  
  • 36. 36    ©  2014  InfoTrends   www.infotrends.com   One  to  One  Gulfcoast:  Helping  Non-­‐profits  
  • 37. 37    ©  2014  InfoTrends   www.infotrends.com   Growing  Your  Base  is  a  Good  Star9ng  Point   •  The  best  way  to  grow  your   business  is  with  the  customers  you   already  have   −  Expanding  services  to  drive  share  of   customer   −  ConInually  adding  value   •  Iden9fy  “like”  customers  within   your  desired  geographic  reach  
  • 38. 38    ©  2014  InfoTrends   www.infotrends.com   Target  Prac9ce:  How  to  Take  Aim     •  Where  am  I  successful  today?  What  are  the  characteris9cs  of  my   exis9ng  base?  Can  I  sell  more  to  these  customers?   •  Are  exis9ng  or  new  market  segments  iden9fiable?  Can  they  be   measured?     •  Is  the  segment  substan9al?  Is  it  a  growth  market,  or  is  there  an   opportunity  to  gain  share  based  on  technology?     −  Size  of  the  segment  within  targeted  geography   −  Growth  rate  of  the  segment   −  CompeIIon  in  the  segment   −  Brand  loyalty  of  the  customers  in  the  segment   −  Adainable  share  given  compeItors’  expenditures   −  Sales  potenIal   −  AnIcipated  margins  
  • 39. 39    ©  2014  InfoTrends   www.infotrends.com   Target  Prac9ce:  How  to  Take  Aim     •  Is  there  easy  access  to  the   segment?     −  Current  customers/share  of  customer   with  new  offerings   −  Prospects   −  Can  you  idenIfy  companies  and   execuIves  by  name?   •  Does  the  market  have  unique   needs  that  let  your  organizaIon   provide  differenIated  value-­‐add  to   the  customer?     •  Is  the  market  durable  and  stable   so  that  the  cost  of  changes  is   minimal?  
  • 40. 40    ©  2014  InfoTrends   www.infotrends.com   Market  Posi9oning     •  The  process  by  which   marketers  create  an  image  or   iden9ty  in  the  minds  of  their   target  market  for  a  product,   brand,  or  organiza9on   •  The  “rela9ve  compe99ve   comparison”  a  product   occupies  in  a  given  market  as   perceived  by  the  target   market   •  What  makes  your  company   stand  out!    
  • 41. 41    ©  2014  InfoTrends   www.infotrends.com   Posi9oning  Components     •  Superla9ve     –  Why  choose  this  supplier?     •  Label     –  What  are  the  products  and  services  offered?     •  Qualifiers   –  Who  should  choose  this  product?     •  Benefits   –  What  value  do  you  bring?   –  What  problem  do  you  solve?    
  • 42. 42    ©  2014  InfoTrends   www.infotrends.com   Sunbelt  Systems  –  Retail  Focus  
  • 43. 43    ©  2014  InfoTrends   www.infotrends.com   It’s  about  Results   •  Business  will  double   this  year   •  By  the  end  of  this   year,  the  company   will  have  generated   more  than  $100   million  in  new  funds   for  clients  
  • 44. 44    ©  2014  InfoTrends   www.infotrends.com   The  4  Ps:  Product  
  • 45. 45    ©  2014  InfoTrends   www.infotrends.com   The  4  Ps:  Product,  Price,  Place,  and  Promo9on     •  Product:  Strategies  for  idenIfying  customer  requirements   within  target  markets   •  Price:  Pricing  strategies   •  Place:  Placement  (distribuIon)  strategies—direct  sales   versus  the  Internet  versus  brokers   •  Promo9on:  Various  promoIonal  strategies,  including  mass   media,  direct  media,  websites,  and  social  networking    
  • 46. 46    ©  2014  InfoTrends   www.infotrends.com   Defining  Product   “Product”  is  the  bundle  of  goods  and  services  offered  to  sa9sfy   the  needs  and  wants  of  customers   Insurance   Execu9ves   Marke9ng  Department   University  Professors   B2C  Moms   Healthcare  
  • 47. 47    ©  2014  InfoTrends   www.infotrends.com   3.2 3.2 3.2 3.2 3.2 3.3 3.3 3.4 3.4 1 2 3 4 5 Website  design Web  hosting Multi-­‐channel  integrated  marketing Mobile  marketing Materials  warehousing Strategic  marketing  services e-­‐Mail  messaging Graphic  design Mailing  and  fulfillment The  Value  of  Value-­‐added  Services     N  =  896   Source:  Understanding  Ver3cal  Markets:  Enterprise  Communica3ons  Requirements;  InfoTrends  December  2012   Extremely  Important   Not  important  at  all   How  important  is  it  for  a  print  services  vendor  to  offer  the  following  ancillary  services?  (Means)    
  • 48. 48    ©  2014  InfoTrends   www.infotrends.com   You  Can  Do  This   Cost  +   Price  Range   Minimum   Profit   Cost   Rela9ve  Perceived  Value   Price  Ceiling   Price  Floor  
  • 49. 49    ©  2014  InfoTrends   www.infotrends.com   How  does  your  company  charge  for  any  of  the  following   services  to  customers?  –  Data  and  Metrics   N  =  Varies   Base  =  Print-­‐for-­‐Pay  Respondents  who  offer  various  cross-­‐media  services   Source:  EvoluIon  of  the  Cross-­‐Media  MarkeIng  Services  Provider,  InfoTrends  2011   53.7%   22.0%   39.6%   26.6%   24.6%   44.1%   28.0%   57.1%   31.3%   50.5%   55.1%   43.4%   8.8%   12.5%   10.1%   13.4%   12.1%   16.7%   12.8%   16.1%   7.7%   0%   20%   40%   60%   80%   100%   Database  Programming   Sebng  up  a  campaign  dashboard   Data  analy9cs   Campaign  response  tracking  &  management   Personalized  URL  (pURL)  tracking  and  repor9ng   Data  prepara9on   Hourly   Flat  Fee   Don't  Charge   Don't  know  
  • 50. 50    ©  2014  InfoTrends   www.infotrends.com   $76.3 $83.9 $90.3 $94.3 $94.5 $104.5 $0 $50 $100 $150 Data/preparation Campaign/response tracking/&/management Data/analytics Personalized/URL (pURL)/generation Setting/up/campaign dashboard Database/programming Average  Hourly  Fees  Data  and  Metrics  (Means)   N  =  Varies   Base  =  Print-­‐for-­‐Pay  Respondents  who  charge  an  hourly  fee   Source:  EvoluIon  of  the  Cross-­‐Media  MarkeIng  Services  Provider,  InfoTrends  2011  
  • 51. 51    ©  2014  InfoTrends   www.infotrends.com   Cost  Plus:  Other  Considera9ons   Source:  LithExcel  Marke9ng  Services  Provider  
  • 52. 52    ©  2014  InfoTrends   www.infotrends.com   Other  Considera9ons   •  Turnaround   •  Slow  payers   •  Headache  factor   •  Capacity  
  • 53. 53    ©  2014  InfoTrends   www.infotrends.com   Transforming  Price  into  Value   Increased   Response   Rates   Reduc9on  in   Inventory  Cost   Brand  Protec9on   Increased   Average   Order   Increased   Life9me  Value   of  Customer   Enhanced  Support  to   Dealer  Channels  
  • 54. 54    ©  2014  InfoTrends   www.infotrends.com   Cross-­‐media  in  Ac9on   Client:  Rosetown  Mainline  Motor  Products  in  SK     Objec9ve:  Drive  traffic  to  an  end  of  year  sales  event  and  sell  more  cars     Solu9on:  Cross-­‐media  campaign  including  print,  personalized  landing  pages,  &  print  adver9sing   MarkeIng  Service  Provider:   PDQ  PostGroup,  Vancouver,  BC  
  • 55. 55    ©  2014  InfoTrends   www.infotrends.com   Cross  Channel  –  Rosetown  Mainline     Current   Opportunity   Poten9al   Increase   Audience   10,000   10,000   Response   Rate   1.2%   3%   1.8   Leads   120   300   180   Average  Profit   Per  Sale   $804   $804   Profit   $96,000   $241,200   $145,200   151%  Improvement  
  • 56. 56    ©  2014  InfoTrends   www.infotrends.com   Cross-­‐media  in  Ac9on  –  The  Results   441%   Increase   5.3%   Response  Rate   Equaled  60%  of  that   Month’s  Sales  
  • 57. 57    ©  2014  InfoTrends   www.infotrends.com   Capturing  the  Costs   Source:  For  Reasons  to  Use  a  MarkeIng  Asset  Management  SoluIon,  Point   Balance  
  • 58. 58    ©  2014  InfoTrends   www.infotrends.com   Value  Pricing   •  10%  of  incremental  opportunity   •  20%  of  savings   •  Remember  to  consider  life9me  value  of  customer  or   savings   •  Remember  to  consider  value  of  con9nuous  improvement  
  • 59. 59    ©  2014  InfoTrends   www.infotrends.com   Final  Thoughts  on  Pricing   •  Prin9ng  companies  with  the  highest  profits  make   complex  offerings  and  deliver  value-­‐added  solu9ons   •  Value  and  price  link  to:   −  Time   −  Discrete  features   −  Unique  soluIons   •  Measure,  test,  measure…gives  you     something  to  talk  about  so  you  can  demonstrate  how   your  solu9ons  add  value   •  Become  the  strategically  important  provider  
  • 60. 60    ©  2014  InfoTrends   www.infotrends.com   Customers  and  Prospects  Need  to  Know  Who   You  are  and  the  VALUE  You  Deliver  
  • 61. 61    ©  2014  InfoTrends   www.infotrends.com   A Simple Model Awareness   Considera9on   Hit  Rate  
  • 62. 62    ©  2014  InfoTrends   www.infotrends.com   Reputa9on,  Online  Marke9ng  Drive  SMBs  to  Web  Services   N  =    1,209    Respondents  that  have  ordered  prints  over  the  internet     5% 2% 6% 7% 8% 8% 10% 24% 24% 24% 28% 29% 0% 10% 20% 30% Do.not.know Other. Yellow.pages.or.other.printed.directories TV.or.radio.advertisements Passing.by.the.providers’.location Newspapers.or.circulars Industry.association.or.chamber.of.commerce Web.searches. Direct.marketing.from.the.service.provider Online.advertising Referrals.from.friends.or.colleagues My.business.has.a.preOexisting.relationship. Percentage.of.Respondents MulIple  Responses  Permided     How  did  your  business  find  the  Web-­‐based  service  provider(s)?  
  • 63. 63    ©  2014  InfoTrends   www.infotrends.com   Awareness  in  a  Mul9-­‐media  World  
  • 64. 64    ©  2014  InfoTrends   www.infotrends.com   Interac9on   Both  Overt  and  Covert   Lead  Gen  Process   Addi9onal   Qualifica9on   Landing  Page   Become  Qualified   Inbound  Leads   Enter  the  Selling  Process     Not  Qualified   Loyalty   Nurture  Tac9cs  
  • 65. 65    ©  2014  InfoTrends   www.infotrends.com   McArdle:  Educa9ng  Customers  
  • 66. 66    ©  2014  InfoTrends   www.infotrends.com   Envision3:  Thought  Leadership    
  • 67. 67    ©  2014  InfoTrends   www.infotrends.com   Lunch  &  Learn  
  • 68. 68    ©  2014  InfoTrends   www.infotrends.com   LinkedIn:  Leading  the  B2B  Social  Network  
  • 69. 69    ©  2014  InfoTrends   www.infotrends.com   Blogs:  Knowledge  Sharing  with  Exis9ng  Customers  and   Prospects   www.prinTorum.info   www.tukaiz.com  
  • 70. 70    ©  2014  InfoTrends   www.infotrends.com   Rising  to  the  Top  of  Digital  Prin9ng:  Keyword  Ownership  
  • 71. 71    ©  2014  InfoTrends   www.infotrends.com   What  is  the  Quality  of  Your  Website?   •  Do  not  make  visitors  play  “What’s  my  line?”   −  What  is  your  website  offering  to  the  visitor?   •  Stay  away  from  bells  and  whistles   −  Anima3ons  look  cool,  but  they  slow  things  down   •  Pay  special  agen9on  to  naviga9on  and  interac9vity   •  Place  valuable  informa9on  on  the  site  and  create  a  good   contact  page   •  Put  “calls  to  ac9on”  on  every  page   •  Keep  your  site  up-­‐to-­‐date   •  Use  response  forms  to  encourage  interac9on  
  • 72. 72    ©  2014  InfoTrends   www.infotrends.com   Summary   •  Efficient  and  effec9ve  marke9ng  depends  on:   −  Focusing  on  your  target  markets   −  Understanding  your  customers  needs  and  value  drivers   −  Understanding  why  you  are  different  and  the  unique  value  you  can   deliver   −  Aligning  your  pricing  with  the  value  you  drive  for  your  customers   −  CreaIng  a  closed  loop  communicaIon  strategy  that  helps  the  right   customers  find  you  and  you  to  find  the  right  customers    
  • 73. 73    ©  2014  InfoTrends   www.infotrends.com   Any  Ques9ons?   Kate.Dunn@infotrends.com