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Customer Farming

Are you making the most of your customer database?

Customer acquisition seems to be the most attractive option when it comes to building your database and reaping its benefits. However, depending on your budget, it may not be the most suitable option, particularly in our current economic climate. Customer retention is where your focus should be and MIG are here to help.

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Lock-in your customers so that they become loyal

Carlos Dunlap, Vice President of Business Intelligence at Maritz Loyalty Marketing, says, perhaps alarmingly, that "loyalty reward programmes don't create loyal customers" - at least, not by themselves. It's true that rewards programmes can promote desired behaviours but, beyond that, wise marketers are finding out what their best customers really want and need, not just from the rewards programme but from the brand itself. By properly analysing the research and data gathered from customers, employees and the rewards programme, marketers can ‘see through the eyes of customers’ and better understand their experiences with the brand. This gives marketers the power to improve brand touch points, leading to better customer attitudes and desired behaviours, and even creating advocates for the brand.

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Beat the 'Credit Crunch'

Last week's newsletter documented the first section of our 'Beat the Credit Crunch' article. The remainder of Part 1 follows with some simple and practical ways to help you to achieve marketing success during these difficult financial times.

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What exactly do you do?

Rob Bielby, CEO of Marketing Innovation GroupRob Bielby, of MIG writes, As chief executive of a business that is over 20 years old, too many people still ask me what it is that we do?  Perhaps a bizarre question to a marketing business but these days the intricacies of some of our solutions sometimes make me feel a bit like Q showing James Bond the latest technology.  What we do is very simple, we 'add value'.  This week ex-chairman of McCann Erickson, Brian Child concluded rather succinctly that we give businesses an 'unfair advantage'!

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FARMING THE FUTURE OF YOUR BUSINESS - Building customer value

This is the second article in the series to cover ‘Customer Farming’ and each of its nine stages. As a brief reminder the concept came about because as a retailer I perceived myself as a fisherman, creating the most attractive trap and then returning my catch to the high street, not knowing who they were or when they would return. As a direct marketer, I was able to ‘hunt’ for customers and target them but soon discovered I kept hunting the same people over and over.

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Farming The Future Of Your Business - Locking in future custom

This is the first of several articles that focus on customers, not products, systems, the internet or ideal locations or efficient logistics. Customers are those people who pay for our lifestyles, the people who many retailers say they love but just don’t want to know! I have been marketing to customers for 30 years. In the last 10 years, we have been working on marketing solutions that empower sales and marketing people with the tools they need to understand and communicate with the providers of their income, past, present and future. 

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Sowing the Seeds

All of the stages of the Customer Farming® process are vital but perhaps one of the most easily forgotten but easiest to do is the stage we describe as 'Sowing the Seeds'. The basic premise for this stage is the subliminal delivery of information amongst your customers, past present and future that makes the selling process far easier. The process becomes easier because customers become buyers and you don't have to sell to them. I have often said that if marketing people were any good we wouldn't need sales people and the point that I make is this “ it is not what you know and it is not who you know but who knows you that makes you successful!”.

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Customer Farming - Sowing the seeds of success

All of the stages of the Customer Farming® process are vital but perhaps one of the most easily forgotten, but easiest to do is the stage we describe as 'Sowing the Seeds'.

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To suppress or not that is the question? A tip to save a fortune.

One of the first Chartered Marketers in the country, Rob Bielby has worked in marketing at all levels for over 25 years and has experience as Marketing Director for retailers in the watch and jewellery, fashion and gambling sectors. He consults for a wide range of businesses including 'blue-chip' and multi-national organisations as well as being an accredited consultant for Small and Medium sized Enterprises (SME's). He is Group Chief Executive of the Marketing Innovation Group Ltd.

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