27.03.2013 Views

TAXI DELIVERS KNOCKOUT PUNCH - Strategy

TAXI DELIVERS KNOCKOUT PUNCH - Strategy

TAXI DELIVERS KNOCKOUT PUNCH - Strategy

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

sponsored supplement<br />

so far and have been viewed 18,000 times. Says Layton, “The<br />

podcasts bring the content alive for people: it virtually takes<br />

them to wineries, introduces them to the personalities behind<br />

the bottles. We recognize it’s a digital age and people are going<br />

to online sources more and more.”<br />

Looking forward, Transcontinental’s Gagné hints at several<br />

major announcements to come regarding new clients and initiatives.<br />

Already, the company is working on projects that interface<br />

with Facebook and BlackBerry applications. “That’s the<br />

future,” he says. Transcontinental’s fl urry of activity is in stride<br />

with the growth of the custom publishing category itself. “Recent<br />

research notes that custom publishing is second only to<br />

word of mouth as the fastest-growing area of marketing, and<br />

that growth is forecast to be steady until 2012,” notes Gagné.<br />

Power to the people<br />

While creating relevant content on multiple platforms is key,<br />

reaching people in targeted sectors is, too. Across its properties,<br />

Transcontinental has amassed a database of 7.5 million Canadians.<br />

“We have very detailed socio-graphic information on these<br />

customers,” says Gagné. “When you’re looking at how to reach a<br />

very specifi c audience, having those names and being able to access<br />

those people in a permission-based way is a major asset. It gives our<br />

clients the opportunity to use their content for aquisition purposes<br />

as well as for their existing customers. Essentially, our clients can<br />

build far beyond their own existing databases with our help.”<br />

To make sure newsletter and print drivers are reaching the right<br />

people, Redwood offers a comprehensive customer relationship<br />

management service that can create or investigate a client’s database<br />

to identify the value of a customer to an enterprise and how<br />

much a company should spend against that customer to extract<br />

the greatest return. “The focus is to build a database our clients<br />

own,” explains Schneider. “Data itself is a commodity, but it’s how<br />

we translate it into something actionable where we feel we really<br />

The current uncertainty about the fi -<br />

nancial health of global markets will<br />

undoubtedly prompt brands to reexamine<br />

their budgets. Trimming marketing<br />

dollars is often an easy route to lighter<br />

spending, but may not be wise for initiatives<br />

that help retain customers – a<br />

key role of custom publishing. “Research<br />

has proven it’s easier to retain an existing<br />

client than acquire new ones,” says<br />

Stéphane Gagné, VP of business development<br />

at Transcontinental Media who<br />

heads up Transcontinental’s custom content<br />

services.<br />

Gagné asserts that moving from mass<br />

marketing to more tailored, one-to-one<br />

communication methods results in a better<br />

return on investment. “We are in an information<br />

age rather than an ad age,” he says.<br />

“There are so many messages out there<br />

that Canadians have become increasingly<br />

selective - there’s still only 24 hours in a<br />

day. In this environment, the 30-second<br />

message is not as effective as it used to be.”<br />

Custom publishing speaks to people’s interests<br />

directly while connecting to a brand’s<br />

message. Magazines such as Shine, which<br />

Transcontinental Custom Communications<br />

custom publishing<br />

left: Shine magazine, produced by Transcontinental Custom Communications,<br />

was the centerpiece of Dove Hair’s integrated campaign in 2008 right: Highly sought-after<br />

home movers receive Canada Post’s Smartmoves magazine<br />

strut our stuff.” For companies such as The Home Depot, Aeroplan,<br />

Sobeys and others, the resulting return on objective – be it<br />

brand equity, a strong brand/consumer relationship that creates<br />

advocacy or sheer sales uplift – is the proof in the pudding.<br />

Conclusion<br />

By leveraging cross-platform initiatives and customer intelligence,<br />

custom publishing gives brands an edge in getting the<br />

most from their customers over the long haul. “It’s about customer<br />

relationship management,” says Redwood’s Barbieri. The<br />

LCBO is now one the largest liquor and wine buyers in the world<br />

and Food & Drink is an important part of its success. “That kind of<br />

targeted marketing is valuable,” says Layton. “It helped market<br />

the LCBO brand and parlayed the effect beyond fi nancial benefi<br />

ts to much more customer satisfaction.” Perhaps that’s the real<br />

future of marketing.<br />

Retaining customers, increasing value<br />

Transcontinental: building relationships<br />

produces for Unilever Dove, continue to<br />

cut through the clutter to reach target audiences.<br />

“Consumers have a love affair<br />

with magazines, and the affair will continue<br />

into the digital age. People are happy to<br />

pick up a magazine in store, put it on the<br />

coffee table and read it at their leisure. In<br />

America, custom magazines have grown in<br />

number by 14.5% last year. If you look at<br />

Europe, four of the fi ve biggest magazines<br />

by circulation are now custom. That’s partly<br />

because the budgets companies invest in<br />

these magazines aren’t limited to advertising.<br />

They also build great loyalty and ROI.”<br />

november 2008<br />

s23

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!