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Vol. 5 , No. 3     January 17, 2006

 


In this Newsletter:

  1. Book Summary: Return on Customer by Don Peppers and Martha Rogers (Part 1)
     
  2. Can B2B Newsletters Survive the Preview Pane?
     
  3. What's the Difference Between Customer Experience Management and Experiential Marketing?
     
  4. Eight Ways to Improve your Online Lead Tracking
     
  5. Word of Mouth Marketing in Five Easy Steps
     
  6. A Few Brand Campaigns Are Forever (Well, Almost)
     
  7. Marketing Challenge: When It's Best NOT to Blog
     

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Youth Marketing Mega-Event

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Premium Content

Michael L. Perla
Book Summary: Return on Customer by Don Peppers and Martha Rogers (Part 1)

This week, MarketingProfs introduces its first book summary, a new regular feature. "Return on Customer" coauthors Don Peppers and Martha Rogers typically write about one-to-one marketing and customer-centric behavior. This book, their seventh, is no exception.

The central thesis of the book is that a company's Return on Customer is a mix of current period cash flows and the long-term equity of its oscillating pool of customers. The long-term customer equity is a function of lifetime customer values, which is a function of how long customers are retained, how much and how often they buy, and the cost of acquiring and serving them, among other things. In writing about the significance of customers, Peppers and Rogers write that "Without customers, you don't have a business. You have a hobby."

Get the full story.

Please note: This article is available to paid subscribers only. Get more information or sign up here.

Exact Target

2006 Trends + Video iPod
NEW FOR 2006! Precision email solutions company, ExactTarget, works with over 3,000 companies including Home Depot, Honeywell, and Scotts. They’re offering a brand new whitepaper, "10 EMAIL TRENDS FOR 2006", including insight on relevance, frequency, design and more. If that isn’t enough, ExactTarget offers a REFERRAL PROGRAM with a drawings for Video iPods!

Daniel Jung
Can B2B Newsletters Survive the Preview Pane?

It's been long known that preview pane and the blocked-images feature in email clients are problematic for business-to-business marketers. The majority of B2B readers are using both the preview pane and the default blocked-images functions to decide whether to open emails and block unwanted downloads.

Companies that do not take steps to address these findings with their email design and format will be doing a disservice to their subscribers.

Get the full story.


Leigh Duncan
What's the Difference Between Customer Experience Management and Experiential Marketing?

Many people equate Customer Experience Management with Experiential Marketing. But in recent years, "experiential marketing" has become perceptually aligned with "marketing execution". This is because it largely focuses on developing highly visible, stimulating, interactive, and sensory-engaging environments in which products and services are showcased.

Accordingly, experiential marketing is an important component of CEM, but it isn't the whole enchilada.

Get the full story.

 

A Note to Readers

New! Book Summaries

Greetings, discerning readers!

One of my favorite places to hang out is bookstores. Whether it’s Amazon.com or my local independent bookseller, I love wandering the aisles and reading recent recommended titles.

Who doesn’t love that, right? But now matter how pleasurable the experience, somehow I always come away with the same unsettling feeling: so many books, so little time.

Not so fast – there’s balm for your pain. This week, we introduce book summaries, a new monthly feature for Premium members.

In the words of Premium Director Roy Young, there are a whole lot of book summary services available, but none of them digest books that specifically are geared toward marketers. None of them will help you do your job better, or offer up the broader perspective you need.

First up is Return on Customer by Don Peppers and Martha Rogers, summarized by our own Michael Perla. Michael’s write-up, the first of two parts, is a book summary, by the way – NOT simply a book review. In other words, it’s not Michael’s opinion of the book, it’s an actual digest of the contents of the book itself – its lessons, ideas, take-aways, and wisdom.

So read the first of Michael’s summary, and let me know what you think. As always, your feedback is both welcome and encouraged.

Until next week,

Ann Handley
ann@marketingprofs.com
Chief Content Officer
MarketingProfs

p.s. As I write this, I’m in Santa Barbara, California, with the rest of the MarketingProfs team on one of our regular staff junkets. As always, we are spending a lot of time talking about how to improve the site experience for all of you, our most valuable asset. If you have ideas you’d like to share on that issue, don’t hesitate to drop me a line. I’d love to share your thoughts with the group while I'm here.


 

Last Issue's Top 5

  1. The Metrics You're Most Likely to Overlook (but Shouldn't)
  2. How to Get Your Prospect to Open Your Mail
  3. Just What Is Customer Experience Management, Anyway?
  4. Discovering Needs, Wishes, Wants, Desires: The Marketing Research Challenge
  5. Extremely Frustrating and Completely Unimportant: The Arcane Art of Naming
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Recent Know-How Exchange Questions/Answers

  1. Help Communicating W/ Customers After OEM Loss
  2. Research - How To Reasearch an Untapped Market?
  3. Tagline For New Marketing Co.
  4. Tagline Needed For an Online Store
  5. Domain Name V Brand Dilemma
 
 

What can YOU learn in 90 minutes?

January 19th, 2006
Trade Show Strategies: Ways to Get Bigger Bang from Your Marketing Buck
Presenter: Ruth Stevens, author of Trade Show and Event Marketing: Plan, Promote and Profit, and The DMA Lead Generation Handbook.

January 26th, 2006
WHAT WORKS SERIES: QuickBooks Makes Blogs Part of the Marketing Mix
Presenter: Paul Rosenfeld, General Manager for QuickBooks Online Edition, will co-present with Anil Dash of Six Apart and DL Byron of Textura Design

 

Michael Ortner
Eight Ways to Improve your Online Lead Tracking

Do your salespeople still ask, "How did you hear about us?" when a prospect calls? Do you list your contact information on your homepage? Do you display the same 800 number for all of your Web site visitors?

If the answer to any of these questions is "Yes," then buckle up. You are costing your business money by not using all of the available tools to monitor and improve your online advertising campaigns. Following thesr eight guidelines will help you to make better choices about which campaigns you should expand and which ones you should eliminate.

Get the full story.


Andy Sernovitz
Word of Mouth Marketing in Five Easy Steps

Word of mouth marketing is an umbrella term for dozens of techniques that can be used to engage customers. Word of mouth includes viral marketing, blogs, communities, loyalty programs, and other techniques that get customers talking about your products.

In many cases, WOM isn't actually "marketing" at all. It's great customer service that earns customer respect.

There are five basic steps that all word of mouth marketing campaigns share.

Get the full story.

Harvard

Harvard Business School Executive Education
Understanding Customers - May 10-13, 2006

Learn how to combine both traditional and new approaches to understanding customers as you articulate powerful insights that lead to high-yielding marketing tactics and strategies. Understanding Customers is designed for executives who want to take their marketing expertise to the next level, become catalysts for change, and develop an organization that listens to its customers.
Please visit here for more information.

Barry Silverstein
A Few Brand Campaigns Are Forever (Well, Almost)

Keeping a campaign fresh and vibrant—and maintaining its breakaway status—is a major challenge. The competitive landscape is turbulent and consumer perceptions are constantly shifting.

It takes courage and perseverance to sustain a breakaway campaign over decades.

Get the full story.


Meryl K. Evans and Hank Stroll
Marketing Challenge: When It's Best NOT to Blog

Blogging is ubiquitous. Marketing experts, the media and the influx of books on business blogging give the impression that we should all do it, or be thinking about doing it.

But should all businesses blog? Is it always a wise use of resources and an asset to an organization?

Get the full story.

Contact

Publisher:Allen Weiss
amw@MarketingProfs.com

Content: Ann Handley
ann@MarketingProfs.com

Strategy and Development:
Roy Young
roy@MarketingProfs.com

Director of Premium Services
Val Frazee
val@MarketingProfs.com


Ad/Sponsor Information:
go here or contact jim@MarketingProfs.com

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