Business to Business Marketing Collateral Final Project Patti Bowes University of St. Thomas.
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Transcript of Business to Business Marketing Collateral Final Project Patti Bowes University of St. Thomas.
Business to Business Marketing
Targeted customer audience to reach
Limited budget means choosing effective communications
Major part of budget is collateral Collateral is non-advertising material Usually for use by sales staff
Which type of collateral to choose?
Choices of Collateral
There are now more choices of media to use for collateral or sales support material. Brochure E-Mail Web site Compact Disk
Brochure - the traditional choice
Advantages
TraditionalCreative ControlEasy to shareCan show breadth and depth of line
Disadvantages
Material ages
Costly to reprint
Looks old fashioned?
Advantages
Inexpensive to distribute
Easily updated
Can contain links to web site
Disadvantages
Computer virus fears
Easy to delete
Computer and design compatibility
Web Site
AdvantagesCan include action and visualsUpdated easilyAvailable to all Internet usersCan contain almost unlimited amounts of information
Disadvantages
Must be at Computer to view
Ease of viewing depends on users access speed
Navigation must be easy to follow
Compact Disk
Advantages
Very new age
Can be interactive
Can produce TV quality commercials
Disadvantages
Costly to produce and make changes
Take time to view
Must be at computer to view
Topic Question
Is there a preferred way for business buying decision-makers to receive marketing material?
Who Was Surveyed?
Three different groups were asked for their preferences. The same survey was sent by U.S. mail and e-mail. Twin Cities business executive networking group,
surveyed by e-mail (300 e-mail) Dun & Bradstreet mailing lists, executive
Manufacturing $5 Million in sales(100 mailed) Manufacturing $150 Million in sales (100 mailed)
Who Replied?
Of the total 500 surveys sent out. There are 92 replies which is an 18% response rate.
39 replies from 300 sent by e-mail to Minnesota business executive group
52 replies from 200 sent by U.S. mail to manufacturing executives
Information about respondents
95% have Internet access at desk
98% receive new product information
Conclusion:
Reached a good test audience
Which Format Is Preferred?
There is no clear choice of format Means freedom to choose from the top 3 picks.
The 3 top choices in both preferred format and ease of sharing with others are: Web Site E-mail Brochure
Compact disk eliminated as an option
E-mail Advertising
53% yes would like to receive advertising by e-mail.
71% No to unrequested e-mail
Strong indication for opt-in only
Conclusions
Accept using electronic media of: Web Sites E-mail
Still accept brochuresWant control over use of e-mailAccept direct mail advertisingBusiness executives using electronic media