[December 15, 2014] |
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Multi-Location Brands Struggle with Implementing Local Search According to New Independent Research
SIM Partners (www.simpartners.com),
a provider of local marketing automation technology, Velocity, today
announced the results of a Forrester (News - Alert) Consulting study it commissioned to
better understand how firms are leveraging local marketing strategies to
enable more contextual brand experiences for their customers.
For the November 2014 study, titled, "Uncovering the Benefits of Local
Search Marketing," Forrester Consulting surveyed a select group of
senior marketers of multi-location brands to assess their approach to
local search marketing and their perception of it. The study shows that
while marketers believe local search strategies are a critical component
of staying connected with customers - especially as it pertains to the
future of multi-location businesses - in practice, their efforts are
very limited when it comes to implementing these beneficial strategies.
"It was highly interesting to see this paradox where marketers know that
local search can have a meaningful impact on their brand, and yet they
are consistently not taking advantage of it in any meaningful way," said
Jon Schepke, CEO, SIM Partners. "By and large, marketers have adopted a
'wait-and-see' approach to implementing local search, which means they
are letting all the inherent benefits of the strategy pass them by."
A significant roadblock for marketers is that they do not feel there is
a clear definition for local search. The study also points to three
other major limitations that arekeeping these marketing professionals
from fully embracing local search: lack of experience with local search;
a need for more robust education on local search; and inadequate access
to local search tools.
The study also discovered that those marketers who have implemented
local search strategies reported measurable benefits such as improved
brand awareness and quality of leads, as well as lift over traditional
search programs.
"Local search is the next digital battleground for brands, but
approaching it is foreign to many marketers, so it's understandable that
they might be a little tentative about incorporating it into their
strategies," said Schepke. "Based on our research and experience with
customers, brands that have created and implemented a local search
strategy are reaping big benefits by owning the market as well as
increasing the quality of leads."
Based on these findings, SIM Partners has developed a number of
recommendations for marketers, including:
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Developing thoughtful local search strategies integrated with broader
marketing and branding strategies
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Understanding how to approach local search by using the Local
Opportunity Matrix included in the Forrester study
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Identifying an approach for adopting local search
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Assessing the role of a local marketing automation tool set
Schepke will host a webinar on Tuesday, January 27, 2015, featuring Shar
VanBoskirk, VP Principal Analyst, Forrester Research (News - Alert), Inc., on how
multi-location enterprise brands can take advantage of the local search
opportunity. To download "Uncovering the Benefits of Local Search" in
its entirety, as well as register for the webinar, visit: www.simpartners.com/uncovering-benefits-local-search-marketing.
About SIM Partners
SIM Partners' Velocity
technology empowers enterprise brands to maximize digital marketing
results at a local level by optimizing location-specific content and
business information to dominate local, mobile and social search results
for hundreds or thousands of local entities. SIM provides a full suite
of digital marketing technology, anchored by its SaaS (News - Alert) based local
marketing solutions: Velocity and Velocity Social. A social CRM tool and
extension of the Velocity platform, Velocity Social enables large brands
to effectively manage social communities for multiple locations on
Facebook, Twitter (News - Alert) and LinkedIn and empowers locations to build their
businesses with social media while ensuring each post complies with
brand standards. SIM Partners has offices in Chicago and San Francisco
and authorized resellers in Australia and Germany. For more information,
visit www.simpartners.com.
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