Viva La Evolution! (Final)

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Viva La Evolution! Harnessing the opportunities for FS Marketers Steve Revill, Partner, Positive Momentum Ltd

description

Highly interactive Financial Services Marketing workshop run as part of the Chartered Institute of Marketing\'s Northern Conference in Manchester on May 22nd 2012. The session challenged marketers to evolve the way they think about gathering and applying knowledge of their customer, market and self. Explores linkages between trust and customer service.

Transcript of Viva La Evolution! (Final)

Page 1: Viva La Evolution! (Final)

Viva La Evolution! Harnessing the opportunities for FS Marketers

Steve Revill, Partner, Positive Momentum Ltd

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Power of Marketing =

Knowledge + Evolution

Know your

customer

Know your

market

Know yourself

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How do they make you feel?

Why do you trust them?

What is their customer service

like?

What would make you stop trusting

them?

Which brand do you trust?

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Image credit: Mark Evans, via blog.thefurnituremarket.co.uk

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Know your customer: key takeaways

Constantly look for new ways to

deepen trust with your customers

Use the voice of the customer to

amplify your message

For every project, ask “what is the

impact on customer trust”

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Power of Marketing =

Knowledge + Evolution

Know your

customer

Know your

market

Know yourself

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Image credit: Wikipedia/lazunov.deviantart.com

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Top marks for service

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Service + Trust = Competitive Threat

Lo

Lo Hi

Hi

Trust

Customer Service

Threat of new

entrant?

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Market response planning Brand How easy

(H/M/L) Impact

(H/M/L) Response?

Amazon

M&S

First Direct

John Lewis

Virgin (Holidays)

Saga (Holidays)

Boots

?

?

?

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Know your market: key takeaways

Keep your market radar on and

pointing the right way

Look for competitive

threats in unusual places

Regularly review and update market

response plans

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Power of Marketing =

Knowledge + Evolution

Know your

customer

Know your

market

Know yourself

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Image credit: Wikipedia

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Why does your team exist? What is your fundamental

commercial purpose TODAY?

Generate leads?

Market research?

Increase sales? Execute

campaigns?

Custodian of the brand?

Contribute to business strategy?

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Why does your team exist? What is your fundamental

commercial purpose in 6-12 months?

? ? ?

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Know your self: key takeaways

Know what you are good at TODAY, and constantly leverage

Frequently revisit your team’s

commercial purpose- how are you doing?

Stay true to your personal and brand

values

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Power of Marketing =

Knowledge + Evolution

Know your

customer

Know your

market

Know yourself

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Know your customer

Constantly look for new ways to deepen

trust with your customers

Use the voice of the customer to amplify

your message

For every project, ask “what is the

impact on customer trust”

Know your market

Keep your market radar on and

pointing the right way

Look for competitive threats in unusual

places

Regularly review and update market response plans

Know yourself

Know what you are good at TODAY, and constantly leverage

Frequently revisit your team’s

commercial purpose- how are you doing?

Stay true to your personal and brand

values

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“It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change.” Charles Darwin

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[email protected]

@steve_revill

www.linkedin.com/in/steverevill

Thank you and enjoy the rest of the day!