Earlier this year I addressed the issue of joined up communications, which hinged on the fact that high-speed personalisation has become more affordable for businesses of all sizes. As a result, new ways of producing customer communications have led to a further advantage of personalisation, which benefits the environment. This is manifested in two ways: firstly, personalised customer reporting; secondly, advertising on bills and statements.
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0 comments 1,464 readsPosted on 2008-12-23
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0 comments 2,879 readsPosted on 2008-11-13
A friend of mine recently received a statement from his energy supplier, which featured a personalized advertising message. He was suitably impressed and, knowing I work in the direct communications business, told me so. Obviously, I agreed that this emerging advertising channel was a good way of getting messages across to customers. I then asked him if he ever received bills or statements addressed to other people. He said, "No," but his daughter, who had moved into a new flat a year ago, was still receiving bank statements for the previous owner. As I told him, advertising on bills and statements will work effectively only if customer data standards are significantly improved.
Advertising on bills and statements is on the rise and is poised for meteoric growth, according to various analysts. The notion of using bills, statements and other statutory customer correspondence as an advertising medium has gained much currency over the last three or four years. The process has...
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0 comments 1,663 readsPosted on 2008-04-22
Targeted marketing communications used to be something of a pipe-dream many businesses. Database analysis could establish an all round view of each customer, but the processes of translating this intelligence into targeted, personalised communications was either unwieldy or unaffordable. However, three things have come to pass over the last two years. Personalised colour printing has become affordable for all sizes of company, rather than just the large ones. The ability to create a tailored set of contents for each customer’s envelope has become very sophisticated and in addition to this, businesses have established the initial proof that personalised content on the website improves customer retention, satisfaction, cross-sales, and ultimately profitability.

