Published on: 23 May 2018
Last Updated on: 09 August 2019
Mailing lists have been one of the most cost-effective methods of targeted business promotion activities. Mailing lists will never become redundant in b2b because of the need for businesses to get in touch with other businesses. Nothing can change the need for soliciting new business through cold calling and email marketing efforts. And without contact details, it would not be possible to get in touch with the targeted entities to promote products and services.
Access to information on different categories of b2b entities :
One of the most important requirements in mailing lists is the need for having access to specific information about the b2b entities. Details such as the size of the business, exact nature of the business, accurate contact information, the domain of the business and other information are of great importance. A marketing effort that is targeted has better conversion rates of leads into actual business relationships. This is precisely why it is important to have a mailing list of companies by industry.
Making The Right Pitch To The Right Clientele :
Another advantage of using a segmented mailing list is the ability to create a pitch as per the needs of the targeted company. For instance, a business that needs to sell a service may have options and resources to handle both large-scale operations and operations on a smaller scale to meet the requirements of small-sized entities. However, when mass mailers or brochures are mailed out to clients, it may not be a good idea to mention services that are intended for another segment. By using a mailing list that is clearly segmented as per the size of business and volume, it is possible to send the relevant information alone. This will have a better chance of converting a lead, rather than sharing information that may not be relevant to everyone.
Mining Of Information From Credible Sources :
By using the services of the featured site, users get the advantage of information that is credible and verified. Most of the databases comprising records of our businesses and other businesses are compiled from public sources, cleaned, and verified before being made available to clients. This process of verifying and cleaning of information needs to be carried out by a dedicated team to offer the assurance of the accuracy of information. The featured site takes care to cross-check the information before making it available for users. This ensures that mail and calls do not bounce due to incorrect information.
Data for all industries and business :
The featured site offers mailing lists with data on most of the b2b categories of business that will be of use to businesses. Entities keen to tap into new territory will find the availability of credible information to be of great use in their marketing efforts. A business that manufactures products or makes available serves that can be used by all sectors of industries will find the need to make the right pitch to all industries. However, the pitches may itself differ from industry to industry, and this may require segmentation. With the availability of databases containing information about all aspects of the business, it is possible to identify the right resource who needs to be contacted. Marketing efforts differ across hierarchies in business. For instance, a c-level executive will need to be approached in a manner that is different from a manager.
Relationship building exercise :
Many businesses rely on mailing lists with the understanding that efforts to acquire new business may not actually succeed immediately. However, mature businesses are aware of the need for building relationships with clients over a period of time and using the relationship as a basis for converting the relationship into a business-client relationship. This can be achieved by dispatching informative newsletters and updates on the products and services, in addition to the latest information about the specific industry. By remaining in contact and engaging the b2b clients, it is possible that at some of the time in the future, the clients would find the need to use the service or the product. And it is also important to understand that clients may not necessarily avail of all the services or products, but may make a small beginning through a micro-conversion. This can slowly scale into a full-scale conversion.
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SMS marketing has become increasingly popular for entrepreneurs to reach out to their target audience and boost sales. However, like with any form of marketing, there are mistakes that entrepreneurs should avoid when using SMS marketing if they want it to be successful.
This blog post goes over the most common mistakes entrepreneurs make when using SMS marketing software and how they can fix them. So read on to learn more about SMS marketing!
Not Having a Clear Objective
One of the most common mistakes entrepreneurs make when using SMS marketing is needing a clear objective. Before sending out any message, you should have a goal that you would like your message to achieve. Are you trying to increase brand awareness? Are you looking for increased sales? By setting clear objectives before sending messages, you can craft messages tailored toward achieving those objectives.
Not Having Clear Messaging Guidelines
Another mistake entrepreneurs often make does not have clear messaging guidelines before launching an SMS campaign. Without these guidelines, it’s difficult for entrepreneurs to measure the success of their campaigns and ensure that all messages sent out are consistent with each other and the company’s overall branding and messaging strategy.
It’s essential to establish a set of guidelines that outlines how often messages should be sent out, what type of content should be included in each letter, who should receive each piece of news, etc. so that all messages remain consistent and on-brand throughout the campaign.
Not Getting Permission from Recipients
The law requires companies to get permission from recipients before sending them promotional or transactional text messages. Please do so to avoid legal issues and a poor reputation among your customers. To ensure compliance with this law, companies need to provide customers with options on how they can opt in or opt out of receiving text messages from the company at any time during their relationship with the company.
This ensures that customers always have control over whether or not they want to receive text messages from your company and helps protect both parties from potential legal issues or reputational damage in the future.
Not Testing Messages Before Sending Them Out
It’s also essential for companies to test their text messages before sending them out en masse so as not to send out incorrect or incomplete information, which could lead customers astray. Before sending out any message, companies should test it thoroughly by testing different versions of the same message until they find one that works best for their audience and goals.
This will help ensure accuracy and consistency throughout all aspects of your SMS campaign while also helping you avoid potential pitfalls such as typos or incorrect information being sent out in your messages which can lead customers astray or give them a negative impression of your brand.
Conclusion:
SMS marketing effectively enables entrepreneurs to reach their target audience and boost sales. Still, there are several mistakes entrepreneurs need to avoid when implementing an SMS campaign if they want it to succeed. Companies must have a clear objective before launching a campaign and setting up clear messaging guidelines. Hence, as not keep track of its effectiveness over time while ensuring consistency across all aspects of its communication strategy with customers.
Additionally, companies need to get permission from recipients before sending them promotional or transactional text messages to stay compliant with laws regarding texting campaigns and protect their reputation among customers.
Finally, companies must test their text messages before sending them out en masse to avoid sending wrong information, which could lead customers astray. By avoiding these common pitfalls, businesses can maximize the success potential of their SMS campaigns.
Additional:
What Is SMS Gateway And How It Works
Exploring The Different Types Of Digital Marketing Strategies
Get More Installs: Which Extensions Can Help Drive Installs Of Your Mobile App?
A How-To Guide For Every Entrepreneur – How To Use Unified Communications
Digital-out-of-home advertising continues to speak to us in the most innovative language that everyone can understand and comprehend. That is why companies approach DOOH product marketing with excitement and now one plays it safe. DOOH is highly impactful, remarkably creative and, unlike most of the traditional ways of advertising, is literally impossible to block or ignore. Thus we’ve figured it’s just the right time to make the top 5 list and pinpoint the times DOOH helped companies reinvent their marketing. Listed below are the most inspiring, engaging and entertaining ways DOOH is used for effective marketing.
A friendly warning: please refrain from any marketing reinventing through DOOH until you’ve found a digital signage software provider that fits your brand. Establishing a fully-functional digital signage network is a challenge, so my suggestion is: make a 5-10 key qualities list for DS and go from there. Honestly, there are staple requirements that will help you to make the most out of each display. Your DS soft should be able to play key media formats, integrate another innovative tech, and play interactive content. DS should allow you to seamlessly run a growing network, have a good health system in place, etc. The designs have to be exciting and up-to-date, and there is always a very important matter of quality customer support. Whatever it is for you – list the key requirements and start your search. We’ve spent a good couple of months searching and testing out DS soft, fortunately, we are pretty happy with our Kitcast digital signage software (check them out at https://kitcast.tv/).
Best Examples of DOOH Advertising:
i) That time we all wanted a Burger King Whopper. Calling me a Burger King fan would be a bit of a stretch, what I am though is a huge fan of their marketing. So, let’s talk about the impressive BK DOOH campaign, their digital-out-of-home pièce de résistance called “The traffic jam whopper”. The amazing never before attempted DOOH campaign in Mexico aimed to end hunger in all traffic jams. They used dynamic DOOH and promoted services in gridlocks bases on real-life data by locating the potential buyers in traffic. Traffic info and real-time data analysis were used to adjust the content of the billboards. Burger King ran messages displaying the time left in traffic and tracked and displayed time left before receiving the order. Additionally, mobile ads with campaign promotion were sent out as soon as cars entered traffic and were in close proximity to billboards. The cars were tracked with Google maps API to pinpoint the exact car position in gridlock. This was the first time ever anyone has attempted a delivery to drivers on the move and it was an outstanding success: the campaign boosted Burger King’s delivery service and the orders for food delivery increased by unbelievable 63%.
ii) That time Kylie Jenner won programmatic. The latest Kylie Jenner’s billboard campaign was an ode to programmatic DOOH and has finally shown all of its power. I’m pretty sure that the new Kylie Skin ad campaign was to biggest programmatic campaign to date. Just imagine, it took 1 300 screens in more than one thousand cities across the US to make this digital-out-of-home marketing campaign a success. But, hold your horses, we haven’t gotten to the most impressive part yet! It has been reported that the whole programmatic digital out-of-home campaign was carried out with unimaginable before speed: it was conceived and made public across the US all in just under a week. From idea to Kylie’s face appearing everywhere - from the Times Square to a shopping mall in West Covina – all in just under a week. Jonathan Gudai, Adomni’s CEO said, and I fully agree, that Kylie Skin was absolutely groundbreaking DOOH marketing campaign: “To run that many ads on that many boards, with that minimal effort, is truly a remarkable thing” – stated Gudai.
iii) That time McDonald’s teamed up with Met Office. It is getting harder to impress and engage consumers, but, last year Leo Burnett came out with a pretty amazing and a rather simple way to grab people’s attention with a DOOH marketing campaign for McDonald's. They’ve presented a digital outdoor campaign that turned McDonald's famous and highly recognizable menu items into weather icons of the five-day weather forecast and brought all of it to life on giant screens.
iv) That time Pepsi brought us the HD live-feed AR 3D “Unbelievable bus shelter” DOOH campaign to scare the life out of us on the way to work. This award-winning campaign is hard to forget: Pepsi MAX has shown us an amazing and unbelievable experience with their innovative DOOH. Life-like lions, aliens and UFO’s, meteors, and people getting dragged underground by octopuses were all appearing before people’s eyes on a morning bus stop. We urge you to watch the promo video for Pepsi MAX - more than 8 000 000 people did! It is one of the most watched ads on YouTube. It was high-tech, creative, entertaining and to this day one of the most unforgettable DOOH marketing campaigns out there.
v) That time the Emoji Movie digital-out-of-home won London. Let’s end our list with a really bad movie and a remarkably great augmented reality and DOOH marketing campaign. Sony Pictures has brought a very creative and fun campaign to the streets of London with just a billboard, augmented reality and facial recognition soft. Advanced soft was used to turn the passersby’s into emoticons, it was able to identify gender, emotions and facial expressions with a very impressive speed thus managing to bring AR experience to the high-foot traffic street. The campaign’s reach and “shareability” was up there with the best of them.
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The retail industry is quite expansive and evolving with time. The sector plays a key role in the global economy. Within this landscape, certain companies stand out as retail titans, wielding significant influence and dominating market shares. In this article, we will delve into the strategies and successes of the ten biggest retail giants, exploring their backgrounds, market presence, and the impact they have on the industry.
Overview Of The Retail Industry
Before delving into the details of each retail giant, it's essential to offer a broad understanding of the retail industry. Retail comprises a diverse array of businesses engaged in selling goods and services directly to consumers. This dynamic sector is marked by continuous innovation, evolving consumer preferences, and intense competition.
Importance of Retail Titans
The significance of retail titans cannot be overstated. These companies not only drive economic growth but also shape consumer behavior, set industry standards, and influence market trends. Their success is often indicative of their ability to adapt to changing landscapes, innovate, and connect with consumers on a massive scale.
Walmart
Walmart stands as a retail behemoth that has had a profound impact on the industry. Founded in 1962, the company has grown into the largest retailer globally, operating a vast network of stores and leveraging its market presence for strategic advantages.
Company Background
Walmart's origins as a small discount store in Arkansas contrast sharply with its current status as a global retail giant. With a relentless focus on providing low prices and unmatched convenience, Walmart has become a household name synonymous with affordable shopping.
Market Presence And Dominance
Walmart's dominance is reflected in its extensive network of stores, both physical and online. With a strong presence in the United States and a growing international footprint, Walmart's revenue and market cap are indicative of its unrivaled scale.
Key Strategies for Success
Walmart's success can be attributed to several key strategies, including a commitment to low prices, efficient supply chain management, and investments in e-commerce. The company's 1-Year Trailing Total Return on the stock exchange further underscores its financial strength.
Amazon: The Greatest Retail Titan
In the era of e-commerce, Amazon has emerged as a game-changer, revolutionizing the retail landscape and redefining customer expectations.
E-commerce Revolution
Amazon's rise to prominence is closely tied to its pioneering efforts in e-commerce. The company's user-friendly platform, extensive product selection, and efficient delivery systems have reshaped the way people shop.
Diversification And Innovation
Beyond e-commerce, Amazon has diversified its business portfolio, venturing into areas such as cloud computing, streaming services, and artificial intelligence. This diversification has contributed to the company's resilience and sustained growth.
Impact On Traditional Retail
Amazon's impact on traditional retail cannot be ignored. The company's disruptive influence has forced brick-and-mortar retailers to adapt or face obsolescence, highlighting the transformative power of digital commerce.
Alibaba Group: One Of The Greatest Retail Titan In Asia
While Amazon dominates the Western e-commerce landscape, Alibaba Group holds a comparable position in the East, driving the Chinese retail revolution and expanding its influence globally.
Rise Of Chinese Retail
Alibaba's roots in China have allowed it to tap into the immense consumer market, contributing significantly to the rise of Chinese retail on the global stage.
Global Expansion
Alibaba's ambitious global expansion efforts have positioned the company as a major player beyond Chinese borders. Through strategic partnerships and investments, Alibaba continues to extend its reach and influence.
Technology And Ecosystem
At the core of Alibaba's success is its technological prowess and the creation of a vast ecosystem. From e-commerce to digital payments and cloud services, Alibaba's integrated approach sets it apart in the retail landscape.
Costco
Costco's membership-based model and commitment to customer loyalty have propelled it to prominence in the retail industry.
Membership-Based Model
Costco's unique membership model encourages customer loyalty by offering exclusive deals and discounts to its members. This approach has proven effective in driving repeat business and fostering a dedicated customer base.
Focus On Customer Loyalty
Beyond membership benefits, Costco's focus on providing quality products at competitive prices has fostered a reputation for value, further solidifying customer loyalty.
Sustainability Initiatives
In recent years, Costco has also made strides in sustainability, aligning with consumer preferences for environmentally conscious practices. These initiatives contribute to the company's positive public image.
The Home Depot
As a leader in the home improvement sector, The Home Depot's dominance extends beyond its vast retail footprint.
Home Improvement Dominance
The Home Depot's specialization in home improvement products and services has positioned it as the go-to destination for homeowners and contractors alike.
Supply Chain And Logistics
Efficient supply chain management and logistics are integral to The Home Depot's success. The company's ability to stock a vast array of products and deliver them promptly contributes to customer satisfaction.
Digital Transformation
Embracing digital transformation, The Home Depot has invested in online platforms and digital tools, enhancing the customer experience and staying competitive in the evolving retail landscape.
CVS Health
CVS Health's focus on health and wellness distinguishes it in the retail landscape, with a strong emphasis on pharmacy services and adaptation to market trends.
Health and Wellness Retail
As the retail landscape evolves, CVS Health's commitment to health and wellness provides a unique positioning in the market. The integration of healthcare services into its retail offerings sets CVS Health apart.
Pharmacy Services
With a vast network of pharmacies, CVS Health plays a critical role in providing essential healthcare services. The company's emphasis on pharmacy services contributes significantly to its revenue stream.
Adaptation to Market Trends
CVS Health has demonstrated agility in adapting to market trends, incorporating digital solutions, and expanding its services to meet the changing needs of consumers.
Loves
Love's Travel Stops and Country Stores, with a focus on truck stops and convenience services, exemplifies innovation in services and a commitment to meeting the needs of travelers.
Truck Stop and Convenience
Love's stands as a vital service provider for truckers and travelers, offering a range of amenities, including fuel, convenience stores, and restaurant services, making it a one-stop destination.
Travel Center Services
Beyond traditional offerings, Love's Travel Stops provides essential services such as tire care and vehicle maintenance, catering to the specific needs of the transportation industry.
Innovation in Services
Love's commitment to innovation is showcased through its services, including a loyalty program and technology integration, enhancing the overall experience for its customers.
Target
Target's strategic brand reinvention and commitment to omnichannel retailing have fueled its success in the competitive retail landscape.
Brand Reinvention
Target's deliberate efforts in brand reinvention, including collaborations with popular designers and a focus on stylish yet affordable products, have resonated with a broad consumer base.
Omnichannel Retailing
In the era of digital retail, Target has embraced omnichannel strategies, seamlessly integrating online and offline shopping experiences to cater to the diverse preferences of modern consumers.
Community Engagement
Target's community engagement initiatives, including corporate social responsibility programs, contribute to its positive image and connect with consumers on a deeper level.
Caseys
In the realm of convenience stores, Casey stands out for its regional strength, expansion efforts, and community engagement.
Convenience Store Dominance
Casey's focus on convenience has allowed it to establish dominance in the sector. The company's strategically located stores cater to the needs of consumers seeking quick and accessible solutions.
Regional Strength and Expansion
While Caseys has a strong regional presence, the company's expansion efforts showcase its ambition to reach new markets and further solidify its position in the convenience store landscape.
Community Engagement
Casey's commitment to community engagement is evident through various initiatives, fostering a sense of connection with local communities and contributing to the company's positive image.
Before we wrap up, for further exploration into the corporate landscapes of these influential companies and detailed insights into the top retail industries.
Conclusion
In the current landscape of the retail industry, these ten retail titans continue to shape the way consumers shop, and businesses operate. Their diverse strategies, ranging from e-commerce dominance to community engagement, reflect the evolving nature of retail. As we look to the future, these companies will face new trends and challenges, such as technological advancements, changing consumer behaviors, and global economic shifts. The resilience and adaptability demonstrated by these retail giants will undoubtedly play a crucial role in navigating the ever-changing retail landscape.