Showing posts with label sourcing. Show all posts
Showing posts with label sourcing. Show all posts

Monday, July 13, 2015

What Do Golf and Print Buying Have in Common? It"s Not Funny Plaid Pants!

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I started playing golf at the age of 8 when my uncle gave me a set of junior clubs that my cousins had outgrown. They were right handed clubs which presented my first of many challenges to come with this game. You see, I was left handed. But I was determined to play with my older cousins so I learned to swing from the opposite side of the ball with those four old clubs.


Not everyone had to go to the extreme of learning to play from the opposite side but in those days but we did all share one challenge when it came to golf equipment. Our choice of club manufacturers then was quite limited but the bigger challenge was that regardless of one’s height, strength, or swing characteristics, most everyone was forced to play with the same clubs – clubs designed to fit the average player’s characteristics were sold off the shelf in the sporting goods section of your local department stores. Since no one is exactly average, that meant that we all had to compensate for the differences between our one-of-a-kind swing and the general purpose equipment that was available.


Today golfers of all skill levels have more equipment choices than ever. Between manufacturer, head design, lie and loft angle, shaft type and length, and grip options, there are literally thousands of combinations available to players. And thanks to modern club fitting technology, golfers have the ability to get custom clubs that are purpose built to fit their needs and swing characteristics. This allows golfers to get better results using their own unique swing rather than compensating their swing to accommodate Ill-fitted equipment. It’s truly revolutionized the game for amateurs and pros alike.


When it comes to buying custom printed marketing materials, the scenario that organizations face is a lot like my introduction to golf. They’re forced to use general purpose procurement tools that were designed to fit any organization’s average procurement needs, namely applying to buying inventoried, off the shelf goods rather than custom printed materials. And just as I had to make manual adjustments – first learning to swing right handed and later having to play with one size fits all clubs, these organizations have to compensate for the shortcomings of general purpose tools. This usually means developing a collection of spreadsheets to manage project specifications and schedules, and loosely tying all the stakeholders together with a maze of emails and phone calls.


If only there were purpose-built software made for print buying that could be custom fit to meet each organization’s unique characteristics and needs.


Well, fortunately for print buyers, there is. eLynxx software is purpose-built to deal with all the complexities associated with print buying. Our software enables collaboration across all your stakeholders on one platform. And just like custom fit golf clubs, eLynxx software is configured to specifically fit your organization’s unique characteristics and combination of people, process and vendors.


Stop compensating for the ill-fit of your print buying tools with spreadsheets and email. Whether you’re a print buying pro or amateur, you’ll benefit from eLynxx software. Give us a call to find out more about how purpose-built, custom configured eLynxx software can help you get better results and lower your print buying handicap.



What Do Golf and Print Buying Have in Common? It"s Not Funny Plaid Pants!

Tuesday, May 19, 2015

Print More Efficient Than TV? One Study Says So!

When I began my career in marketing communications, back in the mid-1990s, television was the Holy Grail of marketing channels. A decade and a half or so later, when I was managing communications at what was then a prominent online printer, nothing much had changed. Our ultimate goal was to have an ad air during the Super Bowl. That never happened.


In all honesty, maybe because of the industries in which I have worked , I’ve never been too enamored with big time TV. If you’re a major brand, with billions of dollars to put toward marketing, television campaigns might make sense; the audience is there, it’s targetable and with that kind of budget you can afford it. But, even if you have the budget to support TV, is it as efficient in building brand awareness as other channels like print media and mobile? A 2014 study say no.


With the intent of discovering the impact of mobile marketing as a channel in an overall campaign, the Mobile Marketing Association conducted the Smart Mobile Cross Marketing Effectiveness Study (SMoX). In one case study, SMoX looked at a 2013 AT&T campaign for Moto X smartphones. National television, print media, online desktop and mobile channels were used. Of course TV had the largest share, 93%, of the budget. Online desktop had the next largest share, a whopping 5%, leaving print media and mobile each with a mere 1% of the budget. The 18-year-old demographic was the target for this campaign conducted over a six-week period.


The study looked at the efficiency of each channel used in the campaign as a factor of individuals reached per dollar spent. The results are rather surprising. Consuming the overwhelming majority of the budget, national TV reached the most people. In terms of efficiency, however, it reached 1.5 people per dollar spent, edging out online desktop by a half a person per dollar. Mobile doubled TV’s efficiency at 3 people reached per dollar spent. Print media, however, showed the most efficiency at 6 people reached per dollar spent.


The study goes on to suggest, based on efficiency and other factors related to the campaign, an optimum mix of spending across the four channels. With a reduction from 93% to 72%, TV takes a hit but still gobbles up most of the budget because of its cost. Out of the rest of the channels, mobile, naturally, tops the list at a suggested increase to 16%. Print media, however, comes in

second with a suggested increase to 8% and online desktop remains constant at 5%. Long story short, the message here is that for a big brand that can afford national television, the next two most efficient communication channels are mobile and print media.


While print in this circumstance is referring to paid advertising space in printed magazines, the fact that it was the most efficient of all channels with an 18-year-old audience is significant. This audience is native to all things digital. This audience is thought to shun anything that’s not on a screen and preferably a screen that can be put in a pocket. But this study indicates otherwise. It indicates that physical, printed graphic communication has not only not lost its power, but its power is enough for it to be suggested as an excellent companion to the channel of preference among this demographic.


Although direct mail, direct marketing and other forms of physically printed communication were not in the scope of this study there are relationships and similarities that can be drawn between the them and magazine advertising. If old fashioned print mass media can efficiently reach 18-year-old smartphone buyers as part of an integrated campaign, well-targeted direct marketing with a great design can too, as long as the production quality, timing and price are optimized. If you are relying on paid channels like online, mobile and certainly TV, optimization is an area of obvious concern. But are you optimizing your printed marketing communications? Are you getting the best combination of quality, service and price with no compromises? You could be, you should be and eLynxx software can help you do it with the people, processes and vendors you already have in place.



Print More Efficient Than TV? One Study Says So!

Friday, April 10, 2015

Printing is Different and Different is Good

This morning I finally got around to reading the print and communication industry articles that have been piling up in my feed for a few days. Of all of the headlines and synopses, this one in particular caught my eye; US Commercial Printing Shipments Have Strong February, +5.2%, by WhatTheyThink.com’s Dr. Joe Webb. As a marketing communications guy who leans more toward the creative and problem solving side of things, economics isn’t normally shiny enough to get my attention. That being said, even though I am not what you would call a number cruncher, I do have a knack for identifying trends based on observations out in the wild. This particular article seemed to be aligned to one of those observations. Plus, Dr. Joe’s analysis is generally straightforward, concise and often entertaining; so I clicked.


I’m not going to restate everything in the article here, you should check it out yourself, but I will summarize one key point. U.S. Department of Commerce, Bureau of Labor Statistics data shows that after a good January, February’s printing shipments were up over $300 million year-to-year. This means different things to different people. For printers who, as Dr. Joe notes, may still be facing reduced profits, it could mean some wiggle room as they adapt to a changing marketplace. For the people and organizations that put commercial printing to use, it supports the observation that print is not dead, it is alive and viable, but it is different.


Creative impact and efficiency – in terms of production and distribution – along with convenience and visibility – in terms of audience consumption – often drive tactical and media choices in marketing communication. What we print today is different from what we printed in the past. Many of the more pedestrian or throwaway items of the past have shifted to digital formats. It’s efficient and convenient. We can crank those out and reach the audience wherever they are at any time by doing it this way. But what is being printed today, and the people who are behind it, is impressive and surprising. We are printing on surfaces that, when I began my career two decades ago, were unheard of. We are combining print with technology that didn’t even exist ten years ago using processes that seem to be right out of mid-20th century science fiction. Organizations that you normally wouldn’t think to use in the same sentence as printing; companies like Google, eBay and Amazon, have successfully combined big data and high levels of personalization with extremely creative printing.


We may not be printing as much as we used to. What we are printing is more complex, more unique and more strategic than ever before. Organizations that are pouring their hearts, souls, dollars and trust into these projects need access to printers that are adopting new efficiencies and investing in new technologies to meet the needs of today’s print buyer. Print projects, and all of the people who play a role in them, need to be given the recognition and support they deserve. The numbers don’t lie. We are seeing a rebound in commercial printing and it’s not because we’ve given up digital communication and reverted back to ink and paper. It’s because we’re using print in wonderful new ways that, now more than ever, demand stronger marketing supply chains with purpose-built tools and methods for achieving the best possible results.



Printing is Different and Different is Good

Monday, August 4, 2014

Happy 180th Birthday - and Thank You - to John Venn!

If you’ve been out to Google today you might have noticed an interesting, if not slightly obscure, interactive commemorative Google Doodle gracing the page. It is commemorating the 180th birthday of John Venn. Unless you are the kind of person who gets at least somewhat nerdy over philosophy, math or statistics; you might be asking yourself who in the world John Venn is and why you should care that, if he had not passed away in 1923, he would be 180 years old today. Well, besides the fact that a man born in 1834 managed to live 89 years – a feat unto itself, John Venn is the man whom you may thank for the wonderfully visual way of representing complex concepts like set theory and relationships in areas such as probability, logic and statistics known as the Venn Diagram.


Great, so other than the fact that there are obviously some nerds on staff, why does eLynxx Solutions care about John Venn, his diagrams and his birthday? Glad you asked! Simply put, without John Venn and his Venn Diagram it would be a lot harder for us to explain our concept of bringing your people, your processes and your vendors together with eLynxx project management software to achieve better results in your marketing supply chain. You see, at its simplest – and trust me there are much more complex ways of using one than we have, a Venn Diagram shows a relational overlap between two or more distinct sets, areas or concepts. With each area represented as a ring or circle, the intersecting portions of each illustrate the point where everything comes together so to speak. It’s a truly elegant way to present data.


eLynxx Venn Diagram showing your people, your process, your vendors, better results.


From our standpoint, an organization already has a set of people doing various jobs, a set of processes that are integral to the way it operates and a set of vendors with whom it has already built a level of trust and understanding in place. When it comes to managing its marketing material projects from concept to reality, an organization already has has a lot of what it needs to get the job done in these three areas. All that are really needed are some tools and additional knowledge to bring everything together and achieve better results. Sometimes, rather than bringing these areas together, organizations try highly disruptive methods that instead drive the people, processes and vendors already in place further apart. We have found that the more disruptive the method is the less likely it is to actually achieve marketing supply chain efficiency and savings for an organization. That’s why the tools and knowledge eLynxx Solutions provides are purpose-built and tailored specifically to an organization’s needs and resources. By being as non disruptive as possible, eLynxx simply fills in what’s missing so your organization can manage, source and organize its marketing material projects better than ever. Organizations that use eLynxx think it is an elegant solution. Since we can show how eLynxx works in one of his diagrams, we like to think that John Venn would agree.



Happy 180th Birthday - and Thank You - to John Venn!

Thursday, July 17, 2014

Supply Chain Management from the Vendor’s Point of View

The sales approach in the print industry tends to be kind of old-school. It’s often product centric versus service, capability and capacity centric. When a vendor sells based on product they may have to find alternatives to preferred materials or processes to get the job done at a given price point. When a vendor sells based on service; efficiency, strategy and satisfying your on-going needs is much more valuable than simply getting jobs done at the right price. The service approach is one that is much more in tune with achieving better results through a strong, well-coordinated marketing supply chain. It is also an approach that vendors are beginning to recognize as mutually beneficial. That’s good news for you!


A recent article by Jennifer Matt in the printing trade newsletter WhatTheyThink? discusses the need for this shift in buyer-vendor relationships. It also points out the importance of having strong coordination, the use of dedicated project management software and the need for transparent tracking. Take a few minutes and check out the original article. It’s an enlightening opportunity to see something so close to home through the eyes of the partners in our marketing supply chains.



Supply Chain Management from the Vendor’s Point of View