4 Ways to Embrace Omnichannel Marketing in 2013
With their holiday plans locked in, most chief marketing officers are turning their focus to 2013. At center of their attention is omnichannel retailing, a phenomenon that for many brands is as compelling as it is confounding.
The concept of omnichannel is enticing to marketers because it reflects the reality of how consumers ultimately form their purchasing decisions today. The reality is this: Consumers are everywhere, continually tapping into a spiraling array of marketing channels and touchpoints. Some channels (e.g., TV commercials and point-of-sale systems) have been around for decades, while others such as mobile devices, exchange-traded online ad units and social media sites have only come into their own in the past few years. Many more channels will undoubtedly emerge in the future.
Omnichannel is equally compelling to CMOs as it is confounding because it promises the Holy Grail of marketing: the ability to seamlessly connect with consumers in real time across all available marketing channels with a consistent and relevant message. At its core, omnichannel is about customer data and a CMO's ability to collect and connect it. The appeal of this is obvious. It's also intimidating. The challenge for most brands is how to effectively capture, monitor and combine all this information in a holistic way that provides consumers with the unique shopping experiences that omnichannel promises.
CMOs can use the following four steps to guide their thinking as they map their omnichannel plan for 2013:
1. Think about your organization in the context of omnichannel. Nothing happens without proper organizational alignment. This step is absolutely critical for CMOs to capture the promise of omnichannel.
Marketing channels tend to emerge sequentially, and as they do, specific teams are assigned to manage them. For example, it's not uncommon for companies to have a social media team, a mobile team, a web team and yet more teams managing things like POS systems and data warehousing.