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Multi - channel vs. Omni - channel Marketing: An overview of Multi-channel and Omni-channel marketing. As well as information about how the differ.

Multi-channel vs Omni-channel Marketing Part 1 of 6

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Page 1: Multi-channel vs Omni-channel Marketing Part 1 of 6

Multi-channel vs. Omni-channel

Marketing:An overview of Multi-channel and

Omni-channel marketing. As well as

information about how the differ.

Page 2: Multi-channel vs Omni-channel Marketing Part 1 of 6

Table of

Contents:

Page Title: Page Number:

Multi-channel Marketing 4

Facts 5

Statistics 17

Marketing Strategy 22

Campaign Development 23

Steps to Success 32

Tips 39

Examples 47

Benefits 55

Challenges 63

Trends 68

2

Page 3: Multi-channel vs Omni-channel Marketing Part 1 of 6

Table of

Contents:

3

Page Title: Page Number:

Omni-channel Marketing 74

Facts 75

Statistics 86

Drivers of Adoption 92

How it Provides Value 104

Marketing Strategy 112

Starting Point 113

Plan 125

Tips 135

Examples 144

Advantages 151

Challenges 158

Trends 187

Multi-channel vs. Omni-channel Marketing 201

Differences 202

Work Cited 207

Page 4: Multi-channel vs Omni-channel Marketing Part 1 of 6

Multi-channel:

Multi-channel

Marketing:

4

Compiled by Author from: v12data.com

Various, disconnected channels

Customers use them independently

Page 5: Multi-channel vs Omni-channel Marketing Part 1 of 6

Definition:

Multi-channel marketing provides customers with

more than one way to complete a sales transaction

It recognizes that different consumers favor particular

channels, and commonly use multiple channels throughout

the purchasing process

Multi-channel

Marketing:

5

Compiled by Author from: marketing-schools.org

Page 6: Multi-channel vs Omni-channel Marketing Part 1 of 6

Industries Users:

Multi-channel

Marketing:

6

Compiled by Author from: marketing-schools.org

Computing

Fashion

Finance

Retail

Travel

Many other

industries

Page 7: Multi-channel vs Omni-channel Marketing Part 1 of 6

Transaction

Channels:

Multi-channel

Marketing:

7

Compiled by Author from: marketing-schools.org

Internet

Mail

Mobile Devices

Over the Phone (Call

Center)

Physical Store

Page 8: Multi-channel vs Omni-channel Marketing Part 1 of 6

Messaging

Channels:

Multi-channel

Marketing:

8

Compiled by Author from: marketing-schools.org

Direct Mail/Email

Internet AdsInternet Website

Mobile Print AdsSocial Media Websites and

Blogs

Telemarketing TV/Radio Ads

Page 9: Multi-channel vs Omni-channel Marketing Part 1 of 6

Importance of this

Channel:

Multi-channel marketing is important for the simple reason that companies

need be where the customers are

Multi-channel customers spend three to four times more than single-channel customers do

Customers today have more control over the buying

process than marketers do

Customers have more choices when it comes to how they want to get information

because of the amount of available channels

As the number of channels continues to rise marketers will need to

embrace multi-channel marketing

9

Multi-channel

Marketing:

Compiled by Author from: sas.com

Page 10: Multi-channel vs Omni-channel Marketing Part 1 of 6

Focus of Adopting

this Channel:

10

Multi-channel

Marketing:

Compiled by Author from: invespcro.com

Page 11: Multi-channel vs Omni-channel Marketing Part 1 of 6

Barriers of Implementati

on:

Lack of time & resources

Lack of buy-in at the board level of investment

Lack of investment in tools

Lack of understanding as to how to develop multi-channel

campaigns

Difficulty in rolling out multi-channel campaigns

11

Multi-channel

Marketing:

Compiled by Author from: invespcro.com

Page 12: Multi-channel vs Omni-channel Marketing Part 1 of 6

Statistics:

52% of marketers use 3 to 4 channels

in 2017

72% of consumers say

they would rather connect

with brands and businesses through multi-

channel

73% of consumers are

“likely” or “very likely” to

visit a local store offline if the consumer can find in-

store product availability information

online

12

Multi-channel

Marketing:

Compiled by Author from: invespcro.com & blog.autopilothq.com

Page 13: Multi-channel vs Omni-channel Marketing Part 1 of 6

WorkCited:

“21 Insightful Multi-Channel Marketing Statistics - Autopilot Blog.” Autopilot Marketing Blog, 2 June 2017, blog.autopilothq.com/multi-channel-marketing-statistics/. Accessed 16

Aug. 2017.

“25 Amazing Omnichannel Statistics every Marketer Should Know.” V12Data,

www.v12data.com/blog/25-amazing-omnichannel-statistics-every-marketer-should-know/.

Accessed 16 Aug. 2017.

“Benefits & Challenges of Multi-Channel Marketing.” Optimove, 22 Jan. 2017,

www.optimove.com/blog/multi-channel-marketing. Accessed 16 Aug. 2017.

“Importance of Multi-channel Marketing – Statistics and Trends [Infographic].” Invespcro,

www.invespcro.com/blog/multichannel-marketing/. Accessed 16 Aug. 2017.

“Multi-channel marketing: What it is and why it matters.” Multichannel marketing: What it is and why it matters | SAS, www.sas.com/en_us/insights/marketing/multichannel-

marketing.html#. Accessed 16 Aug. 2017.

“Multi-channel Marketing | What is Multichannel Marketing?” Marketing-Schools.org,

www.marketing-schools.org/types-of-marketing/multichannel-marketing.html. Accessed 16

Aug. 2017.

“Multi-Channel Strategy.” CMG Partners , cmgpartners.com/content/multi-channel-

strategy/. Accessed 16 Aug. 2017.

Sharma, Katherine. “Multi-channel marketers challenges.” AccuListUSA, Katherine

Sharma http://Www.acculistusa.com/Wp-

Content/Uploads/2016/06/newupdatedlogo4.fw_.Png, 15 Dec. 2016,

www.acculistusa.com/2017-multi-channel-marketers-challenged-by-3-key-digital-trends/.

Accessed 16 Aug. 2017.

Page 14: Multi-channel vs Omni-channel Marketing Part 1 of 6

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