In-plants as Visionary Leaders
IT'S HAPPENING all the time in the commercial printing world. No longer defining themselves simply as print service providers, commercial printers are working hard to transition into marketing service providers. It's a difficult journey, but they see this as one of the few viable ways to grow from a price-driven, commodity operation with shrinking volumes and margins into a lucrative business with high profit potential.
Such a transition is not easy for commercial printers, though, because it requires them to reposition themselves. They need to target different prospects with different sales approaches while adding new capabilities and expertise.
Here's where in-plants have the advantage. They share the strategic objectives of their parent organizations and can securely leverage the data, skills and expertise, of their marketing, IT and sales teammates without crossing the firewall. Yet few seem to be grabbing the opportunity. Only about 3 percent of PODi's members are from in-plants even though those same larger profits eyed by commercial printers represent bigger savings for in-plants to bring home.
Finding and Building the Business
Personalized, targeted direct marketing campaigns (both in print and digital) are much more effective than widespread mass mailings or e-mailings. Numerous studies and most of PODi's 470+ end-user case studies prove this beyond any doubt. Yet, while many marketing departments are experimenting with social media, numerous others still rely upon traditional bulk mailings (with mediocre results). Often this is done because it's easier, they don't know how to personalize, or because a previous personalization attempt did not deliver improved results.
These are the departments and jobs that the commercial sector is targeting with promises of better response rates and increased business. Savvy service providers are calling on these departments to try different approaches rather than just encouraging them to submit the same bulk jobs. There are no compelling reasons why in-plants couldn't employ the same approach and position themselves as visionaries and deliverers of ways to grow business rather than as commodity printers. In fact, in-plants often have significant advantages over their commercial counterparts with this type of work.
Related story: Changing the In-plant Perspective
Greg Cholmondeley is president of Cholmonco Inc. Cholmonco is a technology marketing consulting company that researches, analyzes and documents best practices and innovative solutions. Cholmondeley is especially interested in how industry leaders efficiently get work through digital printing and marketing services operations. He has also written two fictional novels. The first is titled “Nakiwulo” and the Circle of Shiva” and the second is called “Princess.” You can learn more about his consulting practice and read more of his blogs at www.cholmonco.com. You can discover his books athttp://books.cholmonco.com.