We all know that marketing is about the strategies and tactics you use to identify and cultivate the market for your products/services. The degree of importance can vary based on the industry, but it’s hard to think of any businesses that can survive without at least thinking about how to grow demand for what they’re selling.
Firms that are successfully delivering cross-media marketing services are investing time and resources to marketing and business development. Savvy executives are pursuing radical new approaches to change up their organizations. They are getting their companies to concentrate on developing new revenue streams from new products and services, while optimizing income from existing lines through innovative marketing and the rapid exploitation of changing customer needs and tastes.
InfoTrends just completed a study entitled The Evolution of the Cross-Media and Marketing Services Provider. The study surveyed more than 280 print service providers to understand the current state of cross-media and the evolution taking place in the graphic communications market. The first key message is that service providers as a community understand the critical importance of getting into cross-media services. Of the 285 total respondents, 58% are currently offering some level of cross-media services.
Furthermore, nearly 87% of print-for-pay respondents were either offering services today or had plans to start offering them within the next 24 months.
These print service providers understand that print is still a very relevant medium, but they have also acknowledged that the communications channel has changed dramatically and altered the role of print. In turn, print service providers must transform. Print used to be the only tool in the box, but now it’s just one of many integrated services in the marketing solutions mix. There is clearly a good understanding of the technologies available today to connect print with new media options, so printers can take advantage of all cross-media channels and help customers market smarter with relevant 1:1 content.
Getting There Takes Marketing Focus
Marketing needs to be a core concern in any business. When it comes to running a successful business, marketing is often the cornerstone for driving results. Firms that offer cross-media marketing services were more likely to cite a focus on sales, marketing, and business development when asked to describe their primary area of responsibility. The critical message is that success in cross-media requires leadership with a focus on marketing and new business development.
Want more? Visit www.OceWow.com to download the InfoTrends white paper The New Value Add Equation!