Another interesting advertising and marketing column in the Evening Standard (25th October 2010).
The piece comments on the benefits of real time feedback through digital technologies and social media, enabling real engagement with consumers and allowing brands to react to feedback and messages immediately. The example cited is that of Gap and the feedback the company received when they announced a new brand logo. The company binned the logo almost immediately based on the Facebook postings.
Clearly, the capacity for big brands to focus their efforts in the digital world and use social media to gather quick feedback enables them to adapt campaigns in real time. Indeed, research agencies such as You Gov are developing specific products and services to cover this responsive research channel. It has fantastic potential for large brands in terms of consumer involvement and engagement as well as campaign management.
Social media is the new medium for achieving that end result, but actually speaking to consumers or potential consumers for your brand/proposition has been a successful and often underrated and/or under utilised tool for years. The phone is not just about slick sales people chalking numbers on a white board. It is about using each and every call and conversation to learn more about your market and how your offer is perceived.
Alchemis has been doing this successfully for the past 23 years. OK, the brands we represent are marketing agencies and not large consumer brands, but what we are able to do through actually speaking to people is gather a true response to a proposition on behalf of our clients. Based on the feedback we provide, we are able to work with our clients to adapt or focus on part of their offer as well as test new propositions.
We collect some valuable quantitative data through our bespoke software, and this, combined with the qualitative insights gathered by their New Business Manager is the added value our clients buy into when choosing Alchemis to deliver an effective business development campaign on their behalf.