Tuesday, August 25, 2015

How to Increase Marketing Coverage Without Spending More

It’s hard to imagine finding any marketer who would deny wanting to be able to increase coverage of their target market. Given today’s environment of ever-tightening budgets and a growing number of channels, it’s also hard to imagine finding any marketer who wouldn’t love being able to do it without spending more. The key to increasing market coverage isn’t found in the latest trends in creative, online marketing or social media. It’s found in something most people don’t often think about – marketing procurement.


Any marketing that requires custom goods or services such as direct mail, printed materials, point of sale, signage, displays, packaging, publications and more presents a perfect opportunity to increase coverage or reach without spending more. And, it doesn’t require cutting back on anything or sacrificing quality and service. It simply involves paying more attention, making a few adjustments and taking better control of how your organization procures the goods and services it uses for marketing. Believe it or not, it can be accomplished in three steps.


Step 1: Eliminate Obstacles Between You and Your Vendors


If you are outsourcing any of the management or execution of your marketing material projects to a middleman like a business process outsourcer you are placing an obstacle in your path. Eliminate the obstacle and deal direct with the vendors providing the marketing goods and services you procure. Every extra step you eliminate from the path between you and your vendors will equate to savings in cost, increases in efficiency and better results.


Step 2: Be Specific


The procurement of goods and services your organization relies on for marketing is no place for being vague or unprepared. You must be very clear and detailed about what you want. Specifications must be precise. Roles and responsibilities must be clearly defined. Quality expectations, project milestones and delivery schedules must be established and followed. When changes need to happen midstream in a project, which they will, all of the details must be in order, approved and documented to keep everything on-time, on-spec and on-budget.


Step 3: Use the Right Software Tools


Custom printing, which plays a role in most of the goods marketers procure, operates in a very unique environment with highly specialized processes and requirements. While it might be tempting to try to procure it using enterprise resource planning or general procurement tools, they simply are not built to handle the details and requirements of the strictly custom nature marketing goods and services. That often leaves organizations turning to spreadsheets, emails, phone calls, meetings that result in a quagmire of files, notes and paperwork. At the best this leads to muddling through projects with frustration and headaches. At the worst it leads to confusion, missed deadlines, sacrificed quality, low efficiency, higher costs and possibly failed projects.


Software tools are helpful in properly managing and executing the custom printing you use for marketing. The trick is finding and using the right tools for the job. Before you begin using any software tools for marketing procurement, ask yourself the following questions. Does it automate communication between everyone who plays a role in the project – both internal and external? Does it enable transparency into all aspects of marketing procurement? Does it facilitate establishment and monitoring of project milestones with instant reporting? Does it support compliance with diversity and environmental initiatives? Does it foster an environment of fair competition among your trusted vendors? Does it ensure that quality and service will not be sacrificed for price, while assuring the best possible price? Unless the answer to all of these questions is yes, it is not a powerful enough tool built for marketing procurement’s unique requirements.


Following these three steps you will be able to increase your marketing reach for the same amount, or even less, by simply reassigning the money you would normally spend on outside services, middlemen and inefficiencies to actual marketing projects. You can keep doing it the same old way as before and settle for less. Or you can make a few adjustments, take better control and settle for more. Here at eLynxx Solutions we know which option we’d pick.



How to Increase Marketing Coverage Without Spending More

Monday, August 17, 2015

6 Reasons Why Business Process Outsourcing is Dead

A decade and a half ago business pundits in the marketing procurement area hailed it as a savior. Business process outsourcing – or contracting the operations and responsibilities of marketing procurement to third-party service providers – promised cost savings that would increase a company’s flexibility. According to these pundits, business process outsourcing provides some advantages that can increase flexibility. It helps transform fixed costs into variable costs. It allows more focus on core competencies. It increases speed in certain processes by removing them from within the organization’s bureaucracy.


Business process outsourcing is not, however, without its downside. As the business environment has changed over the past fifteen years so have many organizations’ views and values of flexibility. This has brought to light issues that work against the advantages of business process outsourcing. Even Wikipedia notes that service issues, unclear contracts, changing requirements and unforeseen charges, coupled with dependance on the business process outsourcer (BPO), actually reduces flexibility.


With that in mind, the only conclusion is BPO is dead and here are six reasons why.


1. It’s Too Expensive


BPOs charge fees for their services and markup what they procure to make a profit. As organizations demand more from their BPOs, those fees and markups increase negating the promise of flexibility-enabling cost savings. As an example, a review of InnerWorkings’ 2014 financials indicate revenue of $1,000,133,000 and gross profit of $229,459,000. This surplus accounts for a 22.9% excess companies paid beyond the actual cost of the printed marketing materials.


Businesses seeking more than the ability to off-load work to someone else can save more without the BPO interfering as a middleman.


2. It Takes Control Away


At first the idea of making supporting operations someone else’s problem sounds inviting. Then something goes wrong that makes an impact on core functions and the control that was given away is sorely missed.


When an organization has control over all of its operations potential issues can be caught before they impact core functions. Just ask any marketing department.


3. It Blocks Transparency


Giving up control also means giving up transparency into details that are critical to planning and budgeting for resources, projects and strategies. Without transparency, efficiency stagnates, reliance on outsiders is compounded and flexibility suffers.


With the help of software built for the operation at hand, organizations ensure transparency, achieve efficiency and become more flexible on their own.


4. It Impacts Quality and Service


While a BPO may not set out to reduce quality, its idea of what constitutes the best quality and level of service probably differs from yours. Giving up control also means giving up your definition of quality and service levels.


Operations responsible for the production of marketing materials critical to an organization’s image are better served when control remains within the organization. Creative cannot communicate clearly its ideas to the marketing manufacturer through a middleman. Its like the children’s game of whisper in my ear and I’ll whisper into someone else’s ear, and guess what was originally said.


5. It Stands Between the Organization and Its Vendors


When an organization uses a middleman like a BPO there is no direct relationship with vendors, resulting in goods and services produced with little interest or knowledge in who will use them or how they will be used.


While vendor relationships require careful monitoring and management, the synergy between organization and vendor is often valuable to the outcome of a project.


6. It Puts the Organization at the Mercy of Another


By using tools built for automated communication, process optimization, establishing accountability, gaining full transparency and instant reporting, an organization can gain flexibility while not being beholden to a third party for results.


Business Process Outsourcing is Dead – Software Tools are Alive


Some think that business process outsourcing is a way to minimize marketing procurement operations in order to focus more resources on core operations. Unfortunately, experience can prove otherwise.


Marketing initiatives can only be optimized when marketing procurement remains in charge, gains full transparency into projects, works with trusted and proven vendors, and has control over the dollars that would better be spent on improved marketing initiatives. By obtaining powerful software tools to support marketing procurement, efficiency improves, costs go down and more market reach can be obtained for the same or less market spend.


Marketing procurement has one goal and that is to produce the best marketing possible within budget. BPOs also have a goal which is to maximize their brokerage fees.



6 Reasons Why Business Process Outsourcing is Dead

Friday, August 14, 2015

Printers And The Art of Seduction

When making a cold call, there is something to be said for knowing who you are calling.


That something to be said is “always know who you are calling.”


Every few weeks, the eLynxx client services team will receive calls from printers that wish to join our vendor pool. Printers, we love you, but don’t do this.


eLynxx provides software and services to enable better results and experiences as print buyers buy directly from their own print vendors. We don’t have any vendors. Our clients (the print buying organizations) have vendors. We don’t. We do not have a vendor pool for you to join. Say it with me: eLynxx Solutions does not have any print vendors.


And we can’t simply add you to a client’s vendor pool either. We don’t get between buyers and vendors. Contact the prospect directly and sell them on doing business with you. If they agree, you’re good. If not, we can’t help you. We’re not involved.


But when you call them, have some sense of what they do and what you offer that could help them. Because when you cold called us without even reading the first page of elynxx.com, you made the suitor in gray look like a master of seduction. Prepare. Don’t be the plaything of the goddess in blue.


this is not how you cold call (texts)


 


Oh, pumpkin. You tried.



Printers And The Art of Seduction

Tuesday, July 14, 2015

Our "Thing"

So, Google’s new algorithm has come back with some interesting results. It turns out that if you post continuously about the same thing, it will negatively impact the SEO rating for the website. Basically, Google told us that all of our blog posts are about the same thing. It’s not that we’re surprised by this, because as it turns out a lot of you do read our posts about our ‘thing,’ so thank you for that! We’re very proud of our ‘thing’ here at eLynxx which is why we love to talk about it so much.


We’ve racked our brains on how to deliver this next article, and should probably buy stock in energy drinks and bagels for the amount of time this has taken. So now without further delay, please enjoy our latest blog post, lovingly titled: “Our ‘Thing.’”


Our ‘Thing’


We have this ‘thing’ that you can use,

To cure your print procurement blues.


This ‘thing’ resides up in the sky,

We’d love if you’d give it a try.


If clarity is what you seek

We’ll set you on a winning streak.


It helps keep everything in check,

It’s nowhere near a pain in the neck.


It’s very simple to get started,

We know you won’t be broken hearted.


Use our ‘thing’, and we’ll assist,

Your company and eLynxx can coexist!



Our "Thing"

Our "Thing"

So, Google’s new algorithm has come back with some interesting results. It turns out that if you post continuously about the same thing, it will negatively impact the SEO rating for the website. Basically, Google told us that all of our blog posts are about the same thing. It’s not that we’re surprised by this, because as it turns out a lot of you do read our posts about our ‘thing,’ so thank you for that! We’re very proud of our ‘thing’ here at eLynxx which is why we love to talk about it so much.


We’ve racked our brains on how to deliver this next article, and should probably buy stock in energy drinks and bagels for the amount of time this has taken. So now without further delay, please enjoy our latest blog post, lovingly titled: “Our ‘Thing."”


Our ‘Thing’


We have this ‘thing’ that you can use,

To cure your print procurement blues.


This ‘thing’ resides up in the sky,

We’d love if you’d give it a try.


If clarity is what you seek

We’ll set you on a winning streak.


It helps keep everything in check,

It’s nowhere near a pain in the neck.


It’s very simple to get started,

We know you won’t be broken hearted.


Use our ‘thing’, and we’ll assist,

Your company and eLynxx can coexist!



Our "Thing"

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!

Wednesday, July 1, 2015

eLynxx Solutions Named to Supply and Demand Chain Executive’s 100 Great Supply Chain Projects List for 2015

eLynxx Solutions has been named to the 2015 SDCE 100, Supply and Demand Chain Executive’s annual listing of top supply chain solution and service provider projects. eLynxx Solutions was recognized for its on-going relationship with a leading manufacturer of alternative decking products, producing gains in ROI, efficiency and savings in the client’s marketing supply chain.


eLynxx Solutions, provider of cloud software for end-to-end management and sourcing of direct mail, marketing materials, publications and all things print has once again been named to the SDCE 100. Recognized throughout the supply chain management community, the SDCE 100 is Supply and Demand Chain Executive magazine’s annual listing of 100 great supply chain projects. The SDCE 100 is comprised of supply chain solution and service providers focused on helping their customers and clients achieve supply chain excellence.


Criteria for nomination and award to the 2015 SDCE 100 included the production of measurable gains in ROI through cost-cutting and increased efficiency in any category in the end-to-end supply chain. eLynxx Solutions was recognized for its on-going partnership with a leading manufacturer of alternative decking products providing the software, methods, guidance and support for streamlining the end-to-end planning, sourcing and production management of a specialized, international marketing supply chain. To date, the client has realized average per-unit cost savings in excess of 24% and an ROI of 300%.


“When eLynxx Solutions began its relationship with this client in 2009 their primary goal was to expand competition and diversity among suppliers of sales and marketing communication materials” states Mike Jackson, CEO of eLynxx Solutions. “Through rigorous objective qualification of vendors based on the client’s needs and standards, their vendor pool was increased from 21 to 48, meeting their initial goal” Jackson added. In addition, improvement of specification development, management and control, coupled with the eLynxx sourcing method and purpose-built cloud software allowed the client to automate the vendor selection, award, production management and better track each project from start to finish.


“By connecting all of their people, processes and vendors, eLynxx Solutions helped the client achieve better results without the need to either outsource operations or increase headcount,” Jackson said. “Speed to market of key promotional and sales communications across several channels and countries was improved while quality and consistency across a variety of projects was assured.” Additionally, the client also gained unprecedented accountability and transparency in their marketing supply chain thanks to the robust data capture and reporting features of eLynxx cloud software.


Submissions to the SDCE 100 were evaluated by the magazine’s editorial staff, weighted on: ambitiousness and scope of the project (30%); creative application of technologies, solutions or services used (20%); extent of business results and impact (40%), and clarity of submission (10%).


More information regarding the SDCE 100 may be found in the current issue of Supply and Demand Chain Executive magazine or on the web at SDCExec.com.


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eLynxx Solutions Named to Supply and Demand Chain Executive’s 100 Great Supply Chain Projects List for 2015