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Ernan’s Insights on Marketing Best Practices

Monday, October 12, 2015

L'Oréal USA's CMO Answers 4 Questions For Marketing Innovators

Article by Ernan Roman
Featured on CMO.com
Marie Gulin-Merle has more than 15 years of experience in managing communications and digital strategies for fast-moving consumer goods and beauty luxury brands.
Marie Gulin-MerleBefore she was appointed CMO of L'Oréal USA nearly a year-and-a-half ago, Gulin-Merle served as global head of integrated marketing communications for L'Oréal Paris.
Gulin-Merle is credited with successfully reinventing integrated communications for L'Oréal Paris. Through her strategic leadership in the digital space, she also overhauled the content strategy for the brand's product innovations and modernized major events, such as L'Oréal Paris' involvement in the Cannes Film Festival.
Gulin-Merle recently participated in our “4 Questions for Marketing Innovators” series.
1. What is one marketing topic that is most important to you as an innovator?
The shift to data-driven marketing in the consumer packaged goods world is changing the way we do business. [Tweet this] At L'Oreal USA, we're leveraging this to cultivate more intimate relationships with our customers, who expect more value, more services, more engagements, and more conversations with our beauty brands.
2. Why is this so important?
Data-driven marketing unlocks immense possibilities of personalized brand experiences and puts the consumer at the center of each and every marketing decision. It has the power to change the way we develop products, campaigns, and our go-to-market strategy.
The development of mobile is crucial for customization; the content has to be even sharper and continuously adapted and adjusted. One survey found that nearly two-thirds (62%) of Millennials feel that online content drives their brand loyalty. We're constantly using consumer insights to connect with them in innovative ways on mobile to build brand loyalty and trust so they feel satisfied with their shopping decisions.
Our Makeup Genius app is a great example of how to connect with consumers through innovation. The app transforms the front-facing camera of your phone into a virtual mirror where users can try on products virtually. The app uses advanced facial-mapping technology that has previously only been used in Hollywood and in the gaming industry to overlay products, like lipstick and eyeliner, onto the user's face.
3. How will the customer experience be improved by this?
This new area creates value for consumers through more effective engagement. Consumers' digital expectations toward our brands have changed with the influx of data-driven marketing, and we're responding by using consumer data to help personalize our message, optimize investments, and engage with our customers at each and every step of their shopping journey.
We want our consumers to continuously engage with products and be given an easy, seamless way to merge online and offline experiences. Customers expect L'Oreal USA brands to understand their needs. We're providing more customized, dynamic content to do just that.
4. How will this improve the effectiveness of marketing?
Technology-driven marketing means that any contact with our consumer will provide data, and that data will make the brand experience richer and tailored to each individual customer. This also translates to efficiencies to better measure our media return on investments, as well as better consumer engagement and loyalty.
Bonus: Favorite activity outside of work?
I'm a voracious reader. I love books about political history, revolutions, and French novels of the 19th century. Can't pass up a good autobiography either!

Monday, October 5, 2015

Marketers Must Understand The New Mobile Mind-Set Of Immediacy

Article by Ernan Roman
Featured on CMO.com
In the spring, Google rolled out algorithm changes to devalue “non-mobile-friendly” websites in its search rankings. This has added additional fuel to the ongoing mobile marketing conversation.
However, your website is only one component in your total ability to connect with consumers, who have an entirely different mind-set in their personal mobile world. Another phenomenon rules mobile marketing: the concept of immediacy. [Tweet this]
Understanding mobile mind-setAccording to Forrester:
Two brands that have applied immediacy to their mobile marketing are Budweiser and Krispy Kreme. Read on for what they’ve been doing right.
How Budweiser Gave Buds Instant Access
Budweiser wanted a way to create a user experience that transcended the journey from social ads and posts to mobile video, sharing, location-based guidance, and point-of-sale experience. And it wanted to do all of that in in a way that gave consumers immediate excitement.
The brand came up with its Buds for Buds campaign, which enabled consumers to gift a beer directly from budweiser.com and send it to a friend via Facebook, to be redeemed for immediate or future redemption at a list of local bars identified right on their phones.
Consumers were activated via targeted Facebook ads and guided to a mobile site that authenticated both the purchaser’s and recipient’s ages. They could then share their “Bud moments” on their timelines.
As for results, the program achieved a 3x in-bar sales lift—meaning people spent three times the value of the beer when redeeming at the bar/POS. Redemptions were 100% of participating bars (thereby increasing on-premise spend and traffic during the program), and purchase conversion rate was 7x industry average. Additionally the program received global media coverage. A larger campaign is planned for the future.
Krispy Kreme Lets Consumers Know When To Come ‘N Get ‘Em Hot
Most people would agree that donuts are better when they are hot out of the oven. This is especially true for Kripy Kreme, which has trained its legion of devoted fans to look for the red light indicating a fresh batch is waiting.
Understanding mobile mind-setTo take advantage of the reach and immediacy of mobile, the company launched its “Red Light App,” which lets users map the nearest Krispy Kreme location from their phones and receive an alert when a “Hot Now” light is activated in their area. The signs have a sensor that transmits a signal directly to a software server when illuminated. Once happy donut eaters have satisfied their cravings, they are encouraged to use the hashtag #KrispyKremeMoment to post the hot word to others.
According to Forrester, which used the app as a case study, without spending a penny on marketing, Krispy Kreme saw a 6.8% increase in same-store sales since the app hit the market. In its most recent financial call, the company disclosed systemwide domestic same-store sales rose 5.2% and revenues increased 9%.
TakeAways
What can marketers learn from these examples?
1. All marketers know they need a mobile component to their overall plan. However, mobile and its nuances need to be considered a lifestyle connection rather than merely as another form of media.
2. How consumers incorporate their phones and tablets into their lives requires marketers to develop a new mind-set of delivering a satisfying experience with an aspect of immediacy.
3. Mobile marketing is more than a one-dimensional SMS text message. It needs to be incorporated into every aspect of touch points and interaction, from Web to bricks and mortar.
Your consumers’ personal mobile worlds are a direct extension of their lives. Therefore, a successful mobile strategy needs to find the missing links to fulfill needs, offer solutions, and deliver value. With mobile being a prime access point to sales, it is innovation and, most of all, relevancy that ultimately determine your success on this ever-growing platform.

Monday, September 28, 2015

Founder Of Stitch Fix Answers 4 Questions For Marketing Innovators

Article by Ernan Roman
Featured on CMO.com
Inspired by the opportunity to create a truly personalized online shopping experience by blending the best of brick-and-mortar retail with an innovative approach to data and technology, Katrina Lake founded Stitch Fix in 2011 while she was a student at Harvard Business School. She has since grown the company to more than 2,000 employees across the country.
Alice MilliganPrior to founding Stitch Fix, Lake honed her skill set at the intersection of fashion, retail, and technology at social commerce company Polyvore; she also consulted with a variety of e-commerce and traditional retailers during her time at The Parthenon Group. Lake holds a B.S. in Economics from Stanford University and an M.B.A. from Harvard Business School.
Lake recently participated in our “4 Questions for Marketing Innovators” series.
1. What is one marketing topic that is most important to you as an innovator?
I'm most passionate about personalization. I firmly believe that personalized experiences with brands will most drive loyalty and relevance for customers in the future.
2. Why is this so important?
Personalization is a popular word in retail, and people often misuse it to describe simple marketing tactics, like segmenting emails or using big data to identify the likely gender of a visitor to their websites. But the true art of personalization at a one-to-one human level is what I consider true personalization--and I see very little of that happening today in the online world. Figuring out how to scale the very human art of personalization is difficult, but I believe that it is also the key to building a lasting connection with customers for the long term.
3. How will the customer experience be improved by this?
Fundamentally, personalization is bringing focus back to customer centricity--really being able to understand what it is that your customer loves about your brand and how you can better serve her. Today’s customer is less about the “it trend” or the “must-have jeans.” What is more important to her is feeling like an individual and how what she is wearing or doing reflects her as an individual. Brands that are successful will help each customer feel like she is the best version of herself.
4. How will this improve the effectiveness of marketing?
Delivering a service that consumers feel truly connected to and providing an experience that people love and love to organically share and talk about is the most effective form of marketing I know. Just as people who have an amazing meal naturally tell friends about the dining experience, we find that personalization can create amazing experiences that people love to talk about.
Bonus: Favorite activity outside of work?
Outside of work, I love running, cooking, and eating with family and friends.