WE ASKED:
“How is your business attempting to reduce the costs and improve efficiencies of marketing communications?”
YOU ANSWERED:
Respondents were asked to mark the tactics they have implemented. All 30 tactics are shown here, ranked according to their index score when compared to an average of 100.
So what tactics are marketers using to reduce the costs and improve efficiencies of marketing communications?
Index |
|
183 |
Taking more work in-house |
179 |
Going online or PDF with lit/collateral to reduce print costs |
169 |
Reducing total advertising frequency |
158 |
Using more email programs and/or newsletters to reach prospects at a lower cost |
158 |
Eliminating some trade shows |
143 |
Targeting more selectively/efficiently to maintain frequency in smaller groups |
143 |
Staff reductions |
143 |
Reducing business travel |
138 |
Shifting print literature dollars to website |
138 |
Measuring marcom ROI to prove value to senior management |
111 |
Aggressively negotiating lower rates for outside vendors |
106 |
Scaling back trade show costs |
101 |
Increasing upfront customer/prospect research to improve message efficiency/effectiveness |
97 |
Shifting dollars from traditional media to nontraditional media |
97 |
Increased use of video- or web-conferencing in place of travel |
92 |
Placing more work with small agencies and/or freelancers instead of larger agencies |
92 |
Guiding the agency toward lower-cost creative executions |
92 |
Eliminating raises/bonuses |
87 |
Reducing/eliminating literature/collateral projects |
82 |
Reducing total advertising reach |
82 |
Buying smaller print ad units |
63 |
Reducing/eliminating “branding” advertising |
59 |
Shifting branding dollars to “response” dollars |
58 |
Shifting advertising dollars to public relations |
57 |
Reducing/eliminating internal marketing programs |
57 |
Awarding more work to lowest-cost vendor |
37 |
Suspending strategic planning to put resources against tactical execution |
34 |
Driving some of the promotional cost down the distribution channel |
19 |
Consolidating projects done by small agencies/freelancers into integrated program with single full-service agency |
|
Go back to survey results.