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Many choices to consider when selecting marketing, media partners

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When companies develop marketing strategies for brand and product awareness they will need to consider many forms of media to carry their messages.

But no matter which type of media they choose to make an impact, the right message must be served to the right person at the right time and in the right place.

“If not, money and time are wasted and cause consumers to be annoyed or angered,” says Tracy Arrington, a Senior Vice President of Marketing & Media at Brain Trust Partners in Austin, and also a lecturer at the University of Texas.

Arrington outlined her vision of the modern media strategies last month in the Marketing & Communications committee meeting at the 36th annual AFSA Independents Conference & Expo in Austin.

She said there is no single correct way for companies to develop their media strategy and plans.

“Place the consumer at the center of any media decision,” she said.

She ticked off questions to ask, for example

· Was your target audience selected using data vs. opinion?

· Will your target audience be reached by your media effort?

· Are you providing value or solving a problem for them?

· What action do you want them to take after receiving your message?

“There is no media type or execution that solves all of your marketing and advertising challenges,” she said. “Consumers don’t use one type of media and you shouldn’t either.”

She also said companies should seek agencies and vendor partners who are transparent with data and billing.

“If you are spending on media, you should own and have ready access to the resulting data and always know where your money has been spent – to the penny,” she said.

Tracy Arrington recently appeared as a guest on the AFSA Today podcast.

Many choices to consider when selecting marketing, media partners
May 14, 2019

When companies develop marketing strategies for brand and product awareness they will need to consider many forms of media to carry their messages.

But no matter which type of media they choose to make an impact, the right message must be servedRead the rest

Repo on the Rise: 3 things for motor vehicle lenders to consider today
May 13, 2019

Join us on May 30 at 2:00 p.m. ET for Repo on the Rise: 3 things for motor vehicle lenders to consider today, presented by Wolters Kluwer

Every motor vehicle lender eventually hits a few bumps and potholes in the road when a debtor defaults on their… Read the rest

In Memory of Dr. Lewis Mandell, Author of MoneySKILL®
May 10, 2019

It is with great sadness that we inform you of the passing of Dr. Lewis Mandell, author of MoneySKILL.

Dr. Mandell was a financial economist with a research specialization in financial literacy and a teaching specialization in investmentsRead the rest

AFSA Attends CFPB Town Hall on Proposed Debt Collection Rule
May 09, 2019

Call limits were the most discussed issue at the Consumer Financial Protection Bureau’s (CFPB) May 9 Town Hall on debt collection in Philadelphia. Also discussed were; whether consumers should be able to opt-in to communications … Read the rest

AFSA Submits Letter to FSGG re: TCPA
May 07, 2019

On Monday, AFSA submitted a letter to the Financial Services and General Government Subcommittee of the Senate Appropriations Committee. The letter was submitted in advance of the hearing to determine the 2020 fiscal year budget for the … Read the rest

In Win for Industry, CA Court of Appeals Designates Lobel Opinion as Non-Publishable
May 03, 2019

The California Court of Appeals on Wednesday, submitted an unpublished opinion on the rehearing of Ron Miller Enterprises v. Lobel Financial Corporation, Inc. While Lobel Finance did not succeed in it's case, the fact that this opinion… Read the rest

TCPA Hearing Focuses on Illegal Robocalls
May 02, 2019

On Tuesday, the House Energy & Commerce Subcommittee on Communications and Technology held a hearing entitled, “Legislating to Stop the Onslaught of Annoying Robocalls.” Attached is a letter that several trade associationsRead the rest

Ferry Announces Retirement from AFSA
May 02, 2019

Jack Ferry, Vice President of Communications for AFSA since 2015, announced to the staff this week that he will be retiring effective May 31, 2019.

Ferry has been involved with AFSA as a member starting in the 1990s when he worked for ChryslerRead the rest

Subcommittees Hold Key Hearings on Small-Dollar, Auto Lending
May 01, 2019

Two House Financial Services Committee (HFSC) subcommittees held hearings of interest this week for AFSA members.

On Tuesday, the Consumer Protection and Financial Institutions Subcommittee conducted a hearing, “Ending the Debt… Read the rest

Cash Mandates Subject of SGA’s latest Whitepaper
May 01, 2019

AFSA's State Government Affairs white paper for May focuses on state and local cash mandates. The rise of consumer use of payment cards and applications instead of cash has inspired many businesses to go completely cashless. In response,… Read the rest

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