Posts Tagged ‘POP’

Announcement: Synq Solutions to Partner with Krystal

announcement-synq-solutions-to-partner-with-krystal

Screen shot 2011-02-15 at 10.15.03 AMI’m excited to announce that we’re now providing our full spectrum of services to The Krystal Company, the oldest quick service restaurant in the South, and a cultural icon.  Krystal is known for its innovative menu, small, square hamburgers, late-night hours and made-to-order breakfasts.

Krystal chose us to handle their marketing execution in order to ensure efficiency and accuracy in the delivery of the appropriate POP to each one of their restaurants. Their primary goals were to streamline their POP execution process, service individual location preferences, and provide a seamless process for their restaurant operators.

We’re looking forward to meeting Krystal’s needs by offering them superior customer support, sharing our innovative practices, and lending our knowledge and experience in the QSR industry.

QSR Article: Cheap Marketing Tips that Work

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iStock_000012639763SmallLast week I discovered an insightful article from QSR Magazine titled “Cheap Marketing Tips that Work.” The author, Robert Lillegard discussed the thin line that marketers must walk in order to achieve success through inexpensive marketing tactics.

He pointed out that some brands make the fatal mistake of cutting marketing budgets in the wrong areas, and hyper focusing on strategies that don’t support or maintain their brand image. Additionally, some make the mistake of only highlighting a single strength, rather than concentrating on multiple brand attributes and therefore appealing to a wider audience. In one particular instance, a company attempted to scale down their budget to include only social media and a new website, and found their same-store sales decreased by 20-30%. (The company has since launched a more multi-faceted, effective approach.)

Lillegard also cited the importance of proper implementation of marketing efforts, including careful budgeting and ample resource allocation. He continued by outlining “cheap strategies that work”, including handing out free food samples, attention-grabbing signage and POP materials, and loyalty programs. Event programs and anniversary celebrations have also proven to be extremely effective for many brands.

Lillegard concluded by pointing out that no marketing strategy will be effective without the support of a solid, quality product and great customer service. I couldn’t agree more. I also feel that brands tend to achieve the best results when they adopt a streamlined marketing strategy that maintains consistent brand messaging across multiple channels. It’s important to maintain the basic elements that promote your product and brand image, such as signage, window clings, and banners, and combine them with mobile marketing and social media strategies.

You can read the article in its entirety here. I’m interested in hearing your thoughts. What inexpensive marketing tactics have you employed? And have they proven to be effective?

National Marketing Series: Execution

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A year has passed since publishing my first post on the subject of Local Marketing, and I thought it might be interesting to shift the discussion towards the execution of National Marketing Campaigns. National Campaigns are familiar activities for most QSRs and retailers; these promotional activities typically involve a series of marketing tactics including media (TV, radio, and print), direct to consumer marketing, and on-premise point-of-purchase (POP) signage.

Every marketing organization is challenged with coordinating all of these elements into a well-orchestrated campaign that fits each retail location, works for every market, and is executed simultaneously. It is because of these challenges that opportunities exist for improvement; I don’t think this is a big surprise to anyone. However, identifying and implementing improvements has been difficult for most companies.

Some of these issues and the dynamics of POP program execution were covered in the blog titled “Synergy of Services.” I am planning to delve into the details of National Marketing campaign execution in my next few blog posts to show you both the obstacles, as well as the benefits, of making significant changes to your approach towards campaign execution. In the mean time, if you have a particular challenge that you would like me to tackle, send me a note at blog@synqsolutions.com.

Synergy of Services in Action

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synq-anatomyofpromoThe execution of large scale POP marketing programs has been a challenge for decades. Most retailers respond to these hurdles by developing extensive processes and procedures that are considered today to be the “proven” approach. While these entrenched methods may be perceived as safe, most oftentimes they are far from ideal as they have not evolved with changes in the retail environment. Are your proven approaches really the lowest risk if they harbor waste and inefficiency?

The execution of POP campaigns can be divided into several overlapping phases:

  1. Marketing Strategy – The practice of determining which products are of interest to consumers and how they will be sold, communicated and packaged.
  2. Creative Development – The process that translates the marketing strategy into graphic messages that can be published for printing or online use.
  3. Profiling – The process of matching specific marketing messages and POP elements to each store.
  4. Production – The translation of the creative work into actual POP elements.
  5. Fulfillment – The assembly of a group of specific POP elements that match the exact needs of a retail location into a POP “kit.”
  6. Shipping – The transportation of each POP kit to each retail location.
  7. Receipt and Installation – The receipt of the kit followed by the installation of POP elements prior to the start of the promotional campaign.

In practice, these steps tend to be chaotic and very dynamic; it is not unusual for retailers or QSRs to have hundreds of changes throughout the course of a single campaign. Meanwhile, the traditional buying practices of these companies tend to fragment these processes further as they seek to buy at the lowest price. The individual components may be at the lowest cost, but the net result is an inefficient and wasteful workflow.

Consider these opportunities:

  • Speed – Based on my experience, more than half of the time consumed to execute a POP campaign is spent waiting for one party or another. What is speed-to-market worth to you?
  • Cost – So much focus is placed on the per-piece cost of POP materials, and so little is placed on the total quantity ordered. Does every location require exactly the same items? What is the cost of the “extras” left over after a campaign because you are afraid to run out?
  • Time and Focus – How much time does your organization spend trying to coordinate the overall process? Would that time be more valuable spent on your customers?
  • Effectiveness – Do your marketing messages speak to local preferences? Are you keeping your campaigns simple just so they are easier to execute?

Consolidating the execution of multiple phases into a single qualified supplier provides the focus that is necessary to attack the inefficiencies inherent in this chaotic process. The cost and time savings that are derived can be sizeable; I have seen some companies save over 20% of the cost of their POP program by rethinking the entire process.

The consequences of something going wrong in a POP campaign can be very ugly, so it’s natural to want to hold on to your tried and true approach. However, the retail environment is changing and the opportunities for cost savings and improved speed, flexibility and effectiveness can make it worthwhile to leverage the synergy of services.