Are You Meeting Your Customers' Mobile Needs?
As modern marketers, we put a lot of thought and effort into our digital marketing programs. The goals are to promote engagement with our brands, drive traffic to our website or encourage customers to walk into a store. Many times, the goal is all three.
Most of the U.S. population — 61 percent — say they use mobile phones for shopping activities, according to the 2017 Synchrony Financial Digital Study recently completed. But, what would resonate with them in terms of digital marketing and more importantly, what would drive their behavior? Based on the referenced survey, there are specific elements of mobile marketing that consumers tell they are interested in.
Significantly, 50 percent of consumers said if their favorite retailer sent offers to their mobile devices, they would shop there more often. Mobile marketing can include in-app messages, push notifications, beacon / location based offers, SMS messages and voice recognition.
Given this consumer interest, how many companies are investing in mobile technology? The answer is, it depends. According to "The State Of Digital: A Mobile Commerce Perspective: Forrester’s H2 2016 Global Mobile Executive Online Survey" by Forrester, nearly 70 percent of marketers say they are regularly using responsive Web design and mobile optimized websites. It seems that most companies have the basics of mobile user experience down pat. But fewer companies are actively marketing via mobile. Only about 40 percent regularly use SMS messaging or push notifications, and only one in three use in-app messages.
Another element of mobile marketing that consumers express interest in is location-based marketing. Almost half (46 percent) of all consumers said they would like to get relevant offers based on their location. This is overwhelmingly driven by millennials. For instance, 61 percent of those ages 18 to 25 would like location-based offers, steadily declining for each age group (only about a quarter of those 66 or over said this is the case).
But only 37 percent of marketers are using push notifications and an even smaller percentage (only 12 percent) are regularly using beacon/location support on mobile phones, according to the same Forrester study referenced above. There are certainly restrictions on SMS marketing (consult your legal advisor as to the permissions required), but some companies are still planning to implement these programs — about a quarter are planning to pilot/test SMS messaging, and 35 percent are planning to pilot/test push notifications in the future.
Mobile marketing is clearly an imperative for companies with large numbers of millennials in their current or target consumer base. And remember, Gen Z’s, the true mobile natives, are fast approaching behind the millennial population. They may be even more comfortable with mobile marketing than their millennial older siblings. Investments in mobile technology will certainly be crucial for many more marketers as these populations expect more from their favorite brands.
With the constantly evolving field of smartphone technology, people become more and more enamored of using their phone for anything and everything. Digital marketers are challenged to provide “delighters” to attract and engage the population that is most interested in using this technology. Successful digital marketing programs listen to the customer and proactively engage them, whenever and wherever they happen to be.
Note: The views expressed in this blog are those of the blogger and not necessarily of Synchrony Financial. All references to consumers and population refer to the survey respondents from the Synchrony Financial 2017 Digital Study unless otherwise noted.
Sue Yasav is the VP of Thought Leadership at Synchrony Financial. She's responsible for developing strategic insights through surveys, social listening and academic studies on topics related to the financial services and retail industries. She authors white papers on consumer trends and articulates impactful strategies for marketers in the areas of digital transformation, customer experience and insights into specific growth segments of the U. S. population. Sue has 20 years of experience in the credit card industry, encompassing 10 years at Citi Cards as VP in the Finance and Marketing organizations. In the past 11 years at Synchrony Financial, Sue has been a Lean/Six Sigma Master Black Belt, a marketing leader for a high-end retail partner in NYC and the leader of Value Proposition Development.