One of the benefits of the rise of digital marketing has been the abundance of analytics. No longer do we need to rely on what people “say” they are going to do or “would do” in a certain brand scenario. With the right tools in place we can actually observe their real time behaviour. We can see how customers arrive into our sales/business process, where they spend their time and where they reach a decision point – to convert or not.
We can even go further. With a mobile and/or social layer integrated into our digital business process, we can remove barriers, accelerate the movement from one part of the sales process to the next and close the loop on the customer feedback and advocacy. Perhaps most importantly, however, the real innovation is happening in the way that the marketing funnel has been inverted. These days, it’s not about creating awareness and outreach but about creating a centre of gravity that draws your customers to your business.
But many businesses fail to grasp the opportunity. Especially in retail.
This neat infographic from the Marketo folks provides a handy snapshot for marketers, explaining how traditional and “inbound” marketing differs. And once you see the opportunity, check out the Sticky 360 degree approach. It may just be the solution you need to your inbound marketing challenges.