Frost Miller Group

08

Dec

2009

Moving Forward Doesn't Mean Abandoning What Worked in the Past
Labels: Strategy
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It doesn't take a futurist to see that before long, the majority of promotion will be done digitally. The recession has only accelerated the process. As companies look for ways to spend less, they are abandoning mainstream media like electronic and print advertising in favor of online media.

This is supported by a survey of marketers conducted by B-to-B magazine and reported in its November 16, 2009 edition.

Kate Maddox writes, "The biggest increases (in marketing spending in 2010) will be in online, as marketers shift more of their dollars to the lower-cost, more measurable medium...Online areas that will see the largest increases include Web site development, email marketing, search, social media, online video and webcasts."

Fortunately, there is more to the article than this. With all the buzz about...well, buzz, many people are too quick to abandon "traditional" marketing tools when they make the most sense. The same survey indicated that along with less expensive online tactics, direct marketing and events spending will also rise.

Maddox continues by writing, "Customer acquisition was cited as the top marketing goal for next year, and marketers will use a wide array of programs to attract them. Many plan to get back to basics, using innovative direct mail pieces to cut through the clutter and conducting customer events for face-to-face interaction."

The bottom line here is that the only way to determine what marketing strategy is best is by defining your marketing goals and then using tools that best achieve those goals, regardless of whether they include new or "traditional" media.

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Kevin Miller
President
Frost Miller Group


Founder and president of Frost Miller Group, this long-suffering Washington baseball fan is a recognized marketing expert with more than 25 years experience. He works with associations, startups, mid-market firms, government agencies and Fortune 500 companies across the U.S and abroad developing strategic ideas to improve brands to compete in today’s markets. Kevin has co-authored two books on marketing communication as well as numerous articles, speaks regularly about marketing issues and trends, and can talk marketing strategy until the cows come home (an infrequent occurrence in Washington). Kevin earned a degree from James Madison University and is a member of PCMA, IAEE, SMPS and the triple-A.
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