04 Mar How to Develop a Winning Omnichannel Marketing Strategy
When the path to a customer purchase can begin and end at any time, in any location and on any device, it’s becoming apparent that businesses need to create a seamless experience across the entire process.
With so many devices available to complete a task, customers can switch between them to purchase a product or service. If they encounter problems across any of them, that could mean the difference between making the sale and the customer moving on to something different.
As a result, more and more businesses are nurturing leads through an omnichannel marketing strategy, which optimizes the experience across all customer touchpoints.
What is Omnichannel Marketing?
Omnichannel marketing is the concept of providing a seamless experience across all available channels relevant to the buyer’s journey. This applies to the shifts and transitions in the way customers progress through the sales funnel.
Customers are more connected and have more control over the buying process than ever before, often using three or four devices to access the internet or purchase products. As a result, what used to be completed on one site, in one location, at one time is now completed over days, locations, times and channels. This may even include trade magazines or newspapers as well, making it even more challenging.
The Importance of a Unified Profile
The omnichannel roadmap is achieved by building a unified customer profile that segments the content and offers provided to them. This can only be achieved through strong omnichannel marketing.
One of the challenges of omnichannel marketing is the isolation of channels, which all provide data in different times with the marketing automation platform. This may include different vendors for email, SMS, push notifications and social media. As a result, customers may not recognize these disparate channels as part of the same marketing effort, which can be confusing.
A rich and deep personalization is only achieved if the data from all the individual interactions is unified to deliver:
- Messaging content that resonates with the customer
- A frequency of messaging that the customer will respond to
- The products the customer enjoys buying
- The types of incentive recommendations the customer will respond to
A responsive marketing platform captures all this customer data, such as email addresses, phone numbers, promotion responses, call center inquiries, products viewed and other touchpoints.
Once this unified customer profile is achieved, campaigns can be automated to trigger marketing activities from all channels and lead the customer through the buyer’s journey.
Getting Started With Omnichannel Marketing
Though many businesses are aware of the value of omnichannel marketing, many struggle with some of the obstacles to creating this strategy. These include:
- Lack of resources necessary to succeed
- Lack of analytical and technical resources to understand data
- Difficulty integrating necessary data
- Lack of communication between marketing agencies
- Lack of C-suite support and understanding of the value of omnichannel marketing
- Organizational silos
Creating an omnichannel marketing strategy isn’t as difficult as it seems, however. Here’s how to get started:
Without valuable content, your omnichannel marketing strategy is nothing. With customers connecting over various devices in many different situations, a marketer needs to offer information and value to keep their attention.
For this, you need to understand what kind of content your customers consume and when. Is your content giving them what they need? Is it optimized for the device they’re using? Are you offering suggestions based on buying or browsing history? Are you optimizing for their location?
On top of that, are you upselling and cross-selling to your customers? Are you sending abandoned cart emails? Are those emails optimized for different devices?
These are just a few of the questions that need to be answered about your ideal buyer, which is why you need in-depth information about them.
Get In-Depth Understanding of the Buyer
If you want to provide a truly omnichannel experience, you must have intimate knowledge of your customer. You need to understand who they are and what’s important to them, what challenges or problems they face and how you can solve them.
To get this information, welcome customer feedback, employ social listening tools and leverage lead capture landing pages to find out more about their needs. Even more than that, find out which channels they use most to access your content.
Here are the channels most important for omnichannel success, in order of value:
- Digital marketing
- Brand websites
- Social media platforms
- Local engagement in store
- Live events
- Local retail partners
- Television advertising
- Digital video
- Traditional advertising
- Direct mail
- Radio advertising
- Partner websites
- Outdoor advertising
This list is general, and keep in mind that the channels may vary based on your specific audience.
Develop Agile Departments
One of the biggest challenges to omnichannel marketing implementation is siloed organizational structure. Sales, marketing, PR, product development and customer service tend to operate independently of one another, which is an obstacle to creating a seamless experience.
Fortunately, a little restructuring of traditional roles can create shared responsibility across departments, letting each team know where they fit into the bigger picture and how they relate to the work of the other departments. This not only sets clear expectations for each team, but also streamlines the communication between them.
When communication is clear and transparent, the departments operate fluidly and create agile marketing strategies that focus on the customer experience.
Create an Integrated Marketing Stack
The marketing technology landscape is more complex than ever, leading business owners and marketers to identify the tools most valuable to them to focus their efforts. Together, these are known as the “marketing stack.”
For many businesses, the most valuable tools in the marketing stack are:
- Customer relationship management software
- Video and web conferencing tools
- Email service provider
- Marketing automation platform
- Print advertising solutions
- Analytics and data visualization tools
- Content management platform
Of these, the most valuable is the customer relationship management tool, which allows you to record each buyer’s journey and identify trends within them.
Beyond that, the analytics tool is necessary to make informed decisions about the overall strategy and user behavior.
Once you have these, build the rest of the marketing stack around those and fill it with tools that help you provide relevance and value to your customers.
Optimize Your Website
When customers access your site across different channels and devices, your site needs to provide them with a user-friendly experience that’s highly responsive to succeed. All of your web pages should be designed to provide maximum usability to visitors and to allow them to access your content or to complete a sale with minimal hassle.
Is Omnichannel Marketing Worth It?
The steps involved in developing a successful omnichannel marketing strategy may seem overwhelming, so you may find yourself wondering if it’s worth it.
According to a study of 46,000 shoppers, users who shop across channels have spent:
4 percent more on each shopping experience in-store, on average.
10 percent more online than those using one channel.
13 percent more when researching before buying.
The study also concluded that the more channels a customer uses, the more valuable they become.
In today’s channel-rich environment, omnichannel marketing drives the engagement of customers and compels them to buy. Whether you have a brick-and-mortar store or are purely online, synchronizing every touchpoint of the buyer’s journey for a seamless omnichannel experience elevates you above the competition.