Encourage vendor participation with solid MDF, co-op program
Market development funds (MDF) and co-op funds are one way to effectively reach local audiences. Managed correctly, these tools can motivate and incentivize affiliates, channel partners, resellers, distributors, or other third party sellers to put your brand’s message in the local marketplace with company-approved campaigns.
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Tags:
manufacturing marketing,
local marketing,
co-op funds,
MDF funds
If you ask your colleagues and peers what MRM means, you are sure to find a complete lack of consistency in the definitions. For a software category that has been around for decades, it’s interesting how confusing it is to define it.
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Tags:
MRM,
marketing resource management,
local marketing,
marketing operations
Gleanster, a leading voice in business technology research, insight and analysis, recently released their benchmark report on marketing resource management (MRM). Even living in a world that revolves around MRM every day, it’s always important to occasionally step back and view the industry through a fresh lens, and this report certainly provides that. More than anything, it does a good job of painting the challenges marketers face today as they look for MRM (and technology in general) to improve operations.
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Tags:
MRM,
marketing technology,
marketing resource management,
local marketing,
marketing operations,
Gleanster
Communication, communication, communication. Great business strategies rely on it. Effective sales relationships bank on it. And in a distributed environment, successful marketing plans depend on it.
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Tags:
marketing technology,
distributed sales channels,
local marketing,
sales and marketing alignment
“Moments matter,” said Kyle Lacy, an author and thought leader on digital marketing trends, at the recent Connections 2014 Conference in Indianapolis. “Every touch point and every connection is an opportunity to deliver a seamless brand experience to delight your customers.”
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Tags:
brand consistency,
marketing technology,
localized marketing,
local marketing,
marketing channels
We’ve spent a lot of time on this blog discussing the challenges and benefits of localizing your marketing strategy across both traditional and digital marketing channels, and you’d be hard-pressed to find a marketer that doesn’t see the value in the practice. But there’s one marketing channel where questions about localization remain and answers are hard to come by: social media.
When I was at the Integrated Marketing Week Conference in June, this was a continuing theme and topic of conversation, whether it came up in presentations, questions to speakers or simply conversations among attendees, so it’s clearly an issue of great consternation in the marketing community. That being said, let’s take a look at some possible strategies that can help businesses overcome the challenges of social media localization.
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Tags:
branding,
facebook,
Twitter,
engagement,
LinkedIn,
messaging,
marketing,
social media,
localized marketing,
local marketing,
customer segmentation,
SMB,
integrated marketing week conference,
content,
strategy