Financial Reports & Markets
Printed catalogues are still a smart marketing choice
Nov. 23, 2017 – In the not-so-distant past, printed catalogues were the top choice for marketers to showcase their goods to captive audiences. But along came online shopping, bringing with it an all-new dimension to consumers’ purchasing paths, along with digital marketing tools to drive purchasing behaviour.
Yet even the most compelling digital marketing methods haven’t dampened the power of printed catalogues. In fact, instead of disappearing, printed catalogues have only gotten smarter, more targeted, more strategic and just flat-out cooler — making them true rock stars in the marketing mix.
Our brains naturally love print
In 2015, the U.S. Postal Service Office of Inspector General worked with Temple University neuroscientists to conduct a study using fMRI brain scans to compare participants’ responses to digital and physical media. The study showed that paper advertising activates the ventral striatum — the part of the brain that assigns value and desirability to featured products — more than digital media. Increased activity in the ventral striatum can signal a greater intent to purchase.
Our natural cognitive connection with print is great news for marketers. Many savvy brands have recognized the power of print’s multisensory experience and are using it to their advantage. According to a 2015 study by Mequoda, 69.6 per cent of adult Americans had read an average of 2.91 print magazine issues in the 30 days prior to being surveyed. It seems that consumers still love a good printed piece to hold in their hands.
The “Magalogues” is a sourcebook of ideas
Bridget Johns, current head of marketing and customer experience at Retail Next, noted in a 2015 interview that “catalogues are being geared more towards content over product. It’s very much about the styling and the lifestyle and the connection to the brand.”
Printed catalogues have become profoundly more creative. A mix of products, narratives, photos and other creative content provides consumers with unique and inspiring ways to connect with brands on a sensory level.
Ikea, known for affordable home goods, uses its printed catalogues to showcase articles on how furniture isn’t just furniture; rather, it facilitates a way of life. Additionally, the catalogues often include interviews with Ikea furniture designers, allowing readers to better connect with the product and the company. With this type of newfound creative and editorial stance, marketers use these so-called magalogues — a blend of magazine-like editorial content and traditional catalogue information — less as immediate sales tools and more as brand opportunities for their customers.
A printed catalogue works well with other marketing channels
Multichannel shopping is the new standard in the retail experience. Customers who engage with a brand through multiple channels are the most sought-after by savvy retailers. Printed catalogues encourage multichannel consumer behaviour. Twenty-five per cent of printed catalogues trigger a website visit, and 33 per cent trigger a visit to a retail store, according to a Canada Post Study.
Print creates natural connections with multiple points in the buying experience, leading consumers online to product review and brand websites, or to shop from an app on their phone. The use of augmented reality (AR) has also enhanced printed catalogues by allowing the once-static space to deliver a digital experience for consumers.
Ikea pioneered the trend by offering an app for consumers to virtually try out furniture from the catalogue. Today, many retailers are following suite. Converse offers an app that allows consumers to virtually “try on” shoes, by pointing their phone at their foot. Northern Lighting, a Nordic company specializing in the design and manufacture of luxury in-home lights, invites consumers to see lighting on the table or floor by using the AR feature paired with its printed brochure.
Mixed-media marketing leads to targeted mailing
Gone are the days of generic mass mailing. Today, printed catalogues have become targeted and strategic. With the help of customer data, printed catalogues now can be customized to include items an online shopper may have viewed but not purchased. Mailings also can be sent specifically to buyers who have previously made online or in-store purchases.
Customer data can also alert brands to potential sales opportunities, such as birthdays, anniversaries, graduations or new-home purchases. Nordstrom, for example, chooses to select a few key pieces to advertise in its printed catalogues. With the Nordstrom app, readers can shop the item online, get additional information on sizes and colours and even access styling details. Catalogue mailings triggered by data collected from these actions can then be highly customized, allowing for more meaningful and personal connections with consumers at exactly the right time.
Printed catalogues are here for the long haul
There’s nothing quite like a beautiful printed piece to imply permanence and credibility. Neiman Marcus, a brand synonymous with luxury, reinforces its high-end status by making an aggressive statement with its annual holiday catalogue, which features outrageous, over-the-top fantasy gift offerings like a Valkyrie private plane and a limited-edition Infiniti sedan. More and more, retailers are turning to the powerful brand engagement only print can offer by crafting printed catalogs that are meant to be perused, enjoyed and even displayed on the coffee table.
Print marketing makes money
Every marketer knows that each medium in a marketing mix has to contribute to the growth of the brand. Print is a proven performer, leading the way in many buyers’ journeys. Approximately 92 per cent of consumers get ideas for household shopping trips from the printed flyers they receive in the mail, according to a Canada Post study. Printed catalogues engage the reader, create an experience and build brand loyalty — and they instigate purchases.
For marketers who seek to tell a well-rounded brand story, it’s an exciting time to explore print. With its proof of cognitive engagement and sales funnel performance, print has found a powerful place in the consumer buying experience and continues to be a force to be reckoned with.
SOURCE Domtar Newsroom
This story about printed catalogues originally appeared in Volume 7 of Domtar’s Blueline Magazine. It has been edited for the Domtar Newsroom.