Omnichannel marketing creates a cohesive, integrated shopping experience across a brand’s sales touchpoints—including brick-and-mortar locations, events, mobile devices, and online stores. It uses data and analytics to create consistency whenever shoppers encounter the brand. Let’s say you have a business that sells socks. With omnichannel marketing strategy in place, a shopper could find socks they love on social media, browse your online store selection, and receive a coupon to buy their favorite pair in your brick-and-mortar store. Omnichannel Marketing Strategy puts customers at the center to ensure a completely consistent, unified experience across multiple devices and marketing channels.
Audiences today want to interact with your business 24/7, online and off, through stores, apps, and mobile devices. And, they expect your company communications to reflect up-to-date knowledge of their preferences and purchases. Omnichannel marketing delivers on this market demand by helping a business present a consistent, informed message to offer a seamless experience through multiple channels, improving overall buyer journey and customer retention.
If this sounds complicated, consider 2 things. One, it’s a different organizing framework for your marketing, but not more difficult than what you currently use. Two, the potential payoff is mighty, since marketers with campaigns involving 3 or more channels have a 90% higher retention rate than single-channel marketers.
That means that each channel works together to create a unified experience of your brand or company. The Omnichannel Customer bounces between channels and multiple devices, so a consistent brand messaging and personalized content should be delivered through all marketing channels.
Also, people are very willing to share the information you need to do this type of targeted outreach. In fact, 83% of consumers are willing to exchange their data to receive personalized content and experiences.
The characteristics of omnichannel marketing include:
These examples show omnichannel marketing in action:
A jewelry shop sends its audience an email letting them know to watch their mailbox for a print catalog of their new collection. The catalog drives shoppers to both the shop’s brick-and-mortar location and its e-commerce website.
Facebook posts highlight a craft store’s DIY tutorials for fun family projects on YouTube. The videos drive viewers to sign up for the chain’s email list, so they can receive regular updates about new videos and a list of the supplies needed for the crafts, with handy links back to the main website to purchase.
An Italian restaurant encourages diners to sign up for its loyalty program. The day after they join, they’re sent a personalized welcome email from the manager of the location they visited and invited to download the program’s mobile app. As a reward for logging in, they’ll receive a free appetizer with their next meal.
Some people are confused by the difference between the terms multichannel and omnichannel. Let’s look at the key difference.
Multichannel marketing means you’re sending many outreaches to your audience but aren’t necessarily integrating them to create a consistent and seamless experience. With multichannel marketing, for example, an audience member might receive a standard email or text promotion for 10% off a first-time purchase just after buying from you. With omnichannel marketing, the same audience member would receive a thank-you message with a suggestion for an add-on purchase.
Here are a few more examples of multichannel vs. omnichannel marketing:
Multichannel: Steve’s Comics sends shoppers a weekly email newsletter detailing this week’s new comics, offering them a free issue of SuperKitty with their next in-store purchase.
Omnichannel: Steve’s Comics sends shoppers weekly email newsletters tailored to their previous shopping behavior. Superhero fans are offered a free issue of SuperKitty with their next in-store purchase, while aficionados of Westerns receive an offer for Cowboy Joe. Subscribers are encouraged to share their mobile number to receive text alerts when hot collectibles are available at the shop.
Multichannel: When regular audience members log in to their account on RealSock’s website, they can see their order history and if desired items are available at local retailers.
Omnichannel: After they log in, RealSock’s audience can see their shopping history and create wish lists for future purchases. They can check out product inventory at nearby stores and sign up for local events with nonprofit partners whose values mirror RealSock’s ecofriendly brand proposition. And, a rewards program gives members points for purchases and for following the brand’s social media presences. RealSock's delivers an omnichannel experience at all touch points with their customers.
Multichannel: Bridgefire Bank offers its audience the option to make deposits and transfer funds at retail branches, ATMs, or via mobile device.
Omnichannel: Clients can conduct their banking transactions in person, at ATMs, on the web, or with their mobile phone, as well as via voice command with their virtual assistant. Bridgefire offers an Alexa skill that enables clients to check their balance, inquire about mortgage rates, make appointments with financial advisors, and more, 24/7. The onboarding process is simple for omnichannel account access, and a client’s profile is synced across all channels for easy access.
It’s easy to see why omnichannel marketing makes sense when you look at the data. It pays back in terms of lead generation, nurturing, sales, and retention. Omnichannel Strategy is improving the customer experiences on all marketing channels, improving user experience and customer loyalty. It can also streamline your marketing efforts. The numbers tell the story:
Who’s doing it now: 79% of US companies have connected at least some of their marketing channels to drive personalized omnichannel marketing; 14% have connected about half of their channels to improve the audience experience.
Why it works: 70% of your audience expects a connected journey—and you need to be ready. They aren’t just shopping in 1 channel, so brands must be present where their audience lives, both in the digital and physical world. For example, 47% of in-store shoppers use their mobile phones to access in-app discounts, while 43% look up product information. A quarter of consumers purchased a product seen in a brick-and-mortar store on their phone, while another quarter went on to purchase on a PC.
What it can do for your business: The purchase rate of campaigns using 3 or more channels is 287% higher than single channel campaigns. Campaigns that incorporate SMS are 47.7% more likely to convert, and those that incorporate segmented email communications earn 62.2% higher order rates.
What it can do for productivity: Marketers are seeing numerous benefits from personalized omnichannel marketing, including increased conversion rates (61%); improved lead generation and new customer acquisition (56%); better audience lifetime value (36%); and decreased churn/increased retention (23%).
A shift to omnichannel marketing in your company can be done systematically. Follow these steps:
You’re smart and informed—shouldn’t your marketing be, too? Use omnichannel marketing to communicate to your audience that you’re paying attention and are committed to serving them, wherever they happen to be.