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Trans Meets Promo. . . Is It More Than Market Hype?


Publication Date: September 2008
Service: Business Development Strategies

Introduction

The phrase perfect storm refers to the simultaneous occurrence of events which, taken individually, would be far less powerful than the result of their chance combination. Such occurrences are rare by their very nature, so even a slight change in any one event contributing to the perfect storm would lessen its overall impact.

In today’s market, TransPromo may be that perfect storm. It always starts with the customer. Consumers are drowning in a sea of unrelated marketing campaigns and they want to be treated as individuals. They expect personalized communications where the seller demonstrates knowledge for their unique needs and preferences. From a consumer perspective, is TransPromo the best vehicle for consumer reach? Is that “onsert” on the face of a statement the best mechanism for getting a message across?

Marketing executives have never been under more pressure to deliver a return on their marketing investment. They are looking for measurable multi-channel marketing communications tools that will deliver business results. TransPromo has the potential of bringing the concepts of the brand, ROI, and relevance into a single communication vehicle that meets the needs of the marketing executive, but does it meet their needs?

From a financial perspective, there’s affordability. If you can get a transaction and promotional message across in a single TransPromo document, why send two? With first class postal declines for higher-weight envelopes, you can get more for less. Finally, there’s technology. Whether it’s inkjet or toner, are the advances adequate to drive print service providers and marketers to take the “TransPromo plunge”?

This study focuses on customer-facing applications such as direct marketing, billing, and related issues such as customer support and fulfillment. It will investigate consumer behavior and preferences, provide a perspective from the view of the marketing executive, discuss print provider expectations, and review the plans of those who generate these documents. It will determine if TransPromo truly is that perfect storm.

The overall objective of this study is to provide document technology vendors and service providers with critical information to guide the development of product/service portfolios and strategic business planning that is designed to capture revenue from direct mail and transaction-based document applications.

The study will also examine the impact and opportunities for document technologies and services created by the increasing pervasiveness of the Internet as a business tool, the adoption of Customer Relationship Management (CRM) and Marketing Performance Measurement (MPM) solutions, electronic document delivery programs, and the increased availability and accuracy of customer data in medium-sized and large companies in select vertical industries.

Project Objectives

  • Identify the current state and future prospects for transaction documents, transpromotional documents, acquisition direct mail, and retention direct mail
  • Understand how key IT and organizational initiatives are affecting user requirements for document production and distribution technology and services
  • Assess the changing requirements of consumers segmented by typical demographics
  • Understand how key marketing executives are assessing marketing channels and evaluating success
  • Identify the role that agencies play in statement design and branding initiatives
  • Determine customer requirements and the rate of adoption for document technologies and services in key industries
  • Assess customer awareness and vendor plans for supporting key technologies
  • Assess market opportunities for high speed print technology
  • Assess market opportunities for software solutions
  • Assess market opportunities for feeding and finishing solutions in support of digital printing print-related solutions
  • Profile current and future value-added document services offered and determine the market size and growth potential for each (2008 – 2012)
  • Identify and profile the leading suppliers for enterprise document systems and services

Analysis and Project Deliverables

InfoTrends will conduct extensive analysis of the desk research, personal interviews, and surveys to develop a comprehensive understanding of the opportunities and issues for document technology and service providers.

Technology Providers

Clients will receive a combination of reports, presentation materials, and data for senior management, product managers and planners, and sales and marketing executives. The materials will include:

  • An Executive Summary that addresses key issues, findings, and overall recommendations
  • A detailed written report (approximately 200 pages) with text, charts, and graphs addressing the objectives of the study
  • A detailed equipment forecast including revenue, service, and supply revenue by category
  • A PowerPoint presentation for internal communication of the research results
  • Extensive data books with cross-tabulations of the survey results for additional analysis of key questions and market segments

Service Providers

Service providers will receive a detailed written report (approximately 200 pages) with text, charts, and graphs addressing the objectives of the study. Key elements will include:

  • Profiles of key vendors and solutions relevant to the transaction printing, mailing, and direct marketing industry
  • An understanding of the requirements and value proposition for reaching the marketing executive
  • Market segmentation and opportunities for print services providers in the production of transaction and direct marketing applications, by vertical industry and document type
  • A discussion of the key elements of a business plan for providers considering entry into, or expansion of services within, the transaction printing, direct marketing, and opportunities for transpromotional marketing
  • Profiles of successful providers in this market space
  • A specific market forecast for outsourced services

Getting Started
For more information on the study or to sign up as a participant, contact Matt Swain at +1 , ext. 204 or via e-mail at
 .

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