As a partner in a thriving marketing firm that targets companies with $20-$100 million in annual sales, one of my responsibilities is that of business development. While I learn something in each conversation with people in marketing leadership positions, many times after I hang up the phone, I say to myself, “there’s another one who’s losing sales to their competitors!” Mainly that’s because these folks have adopted some misconception about marketing as the “truth” that they can’t and won’t let go of no matter what. So while they say they’d like their sales to be stronger, their year-over-year sales won’t change much or, in some cases, will decrease from one year to the next.
So, let’s do a quick run-through of 5 most common fallacies that I hear. Hopefully none of these sound as familiar to you as they do to me.
I can grow my sales and “share of pie” with a smaller budget than my competitors
When I hear this, it generally implies two things to me: 1) Either your competitors are wasting a big portion of their marketing budget on initiatives or messaging that doesn’t connect with the customers or, 2) your marketing partners are fantastic because they’re willing to work for less than the average market price in order to do the wonderful work they do…which I have a hard time believing is the case. Oh, and then let’s not forget about the inability of these companies to track how much money the competitor is actually (over) spending on marketing.
The reality is this: if your company is spending a good deal less than the competition, you’re probably not making any significant gains in market share. Yes, there might be a competitor that’s overspending, but my experience working with companies from the Fortune 100 to small mom-and-pops is that you don’t pose a serious competitive threat unless your marketing budget is in the same ballpark with your competition….it’s just one of those “marketing truths.”
Marketing’s role is to generate new business
You’ll get no argument from me that one of the jobs of marketing is to generate new business, directly or indirectly. But just as important, marketing’s role is to make existing customers come back for more, that is making customers loyal to the brand. Many businesses are so focused on attracting new customers that they tend to ignore – or even walk away from – the existing ones. Yes, new customers are constantly needed, but truly successful companies prosper on their ability to retain the customers they’ve already acquired. The reason is simple: finding new customers is expensive and time-consuming. Let the following research statistics wash over you….
New business is always good but don’t forget who’s paying the bills.
We’re looking to be more visible with our customers because it leads to better engagement
Reaching the right balance between quality and frequency of the message requires careful consideration. There is a common belief among some that the more we communicate with our customers, the more “engaged” they will become. In fact, not knowing when to “zip it” is a classic marketing mistake that too many marketing people make. If marketing is about building relationships with customers, over-marketing is the best way to kill the relationship and send the customer or prospect heading for the door. A social engagement study entitled “The Social Breakup” prepared by ExactTarget, provides clear evidence of what happens to customer relationships when the marketer comes on too strong:
Guess the biggest reason people break up with companies? (Drum roll)…Too much marketing. The study showed that:
In short, increasing the frequency of communication shouldn’t be your marketing goal. Constantly improving content quality should be.
We don’t need a marketing firm because we can do it in-house for less
It’s the #1 thing I hear the most. A survey conducted by American Express Canada shows that “84% of small business owners say branding is important to overall business success, but only 14% hire third-party experts to help with branding.” I am not surprised by the results, and I can only guess the reasons: agency expense, the desire to have full control over the creative process, poor prior experience with an agency, or possibly the ability to make changes faster on one’s own. So, instead of looking for an outside marketing partner, many companies decide to hire a “marketing person” who wears many hats: graphic designer, social media specialist, copywriter, etc. Let’s be honest, no marketer can be a specialist in everything, unless the company is willing to cut corners on how it presents itself to the world.
Now please understand, I’m not trying to bash the in-house marketing department as there are a lot of smart and talented people out there working for companies. Rather, my point is this: the right outside marketing partner will bring a focus to the marketing initiatives or project, resulting in faster execution time; will come in with an original point of view – more in line with how your customer will interpret the messaging; develop much fresher creative (no “vanilla” wallpaper stuff that gets passed over, and; deliver a much higher level of production quality. Try this on for size: open up 5 trade or consumer magazines and tag or cutout 10 ads that stop you in your tracks… ones that convey a strong value proposition, ones that you wish your firm had done! My completely biased but nevertheless absolutely accurate guess is that all 90% of those ads you clipped out were created by a marketing or advertising agency.
We’re looking for something beyond traditional marketing because that kind of advertising is dead
The internet is chock full of advice on how your company should abandon traditional “old school” communication methods and make the switch to online. It would seem like TV, print ads, billboards, and radio are dying and not worth considering in the overall communication strategy. Yet, research (and lots of it) say this is an incorrect assumption. I think we can agree that the best marketing communication strategy uses a mix of offline and online tactics to reach the target audience. (Do yourself a favor and visit www.marketingcharts.com and subscribe –it’s free. Here you’ll get daily research updates on a wide range of topics including how traditional channels are preferred over digital depending on the audience.)
While it’s true that more money is shifting towards digital, the traditional marketing channels are still heavily required in many business environments. In fact, when Google started getting serious competition, they started running…wait for it…TV ads! When Dollar Shave Club saw that their growth was limited by only online marketing, they started using those old, traditional channels that have in turn made them a rising star company. When there’s a product launch, a sale or just about any other occasion where you need to reach a mass audience quickly and effectively, there’s still no substitute for paid media…and even the dot-coms know it. Think about this, in 2014, the average cost of a 30-second Super Bowl ad was more than $4 million. No CEO or Marketing Director would ever approve such a budget without taking ROI into account, right?
So as I noted earlier, hopefully none of these sound familiar to you. But if on the other hand you’ve heard or said one of these things in the past, know that a lot of confusion, frustration and unrealistic expectations can be eliminated by seeing the world through a different set of lenses.
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Rolf Gutknecht is vice president, director of account services for LA ads. To discuss your thoughts with Rolf on this blog or any marketing matters, email via this link, or visit www.LAadsMarketing.com. You can also connect with Rolf on LinkedIn.
As we all know, Pinterest and Instagram have become staples on the social media scene. The right visuals (from photos to quotes to inspirational messages) have great appeal and serve as motivation for many. With that in mind, here are some interesting visuals coupled with some content concerning marketing issues that face marketing teams almost daily as they work towards creating the change in the way people use and interact with their company’s products or services. Short, sweet and fun. Click away! 
The average attention span today is roughly 9 seconds…like that of a goldfish. Nine seconds to communicate a message, earn a little bit of loyalty, build a little bit of trust so you can continue the conversation before your customer starts getting distracted! So what could you possibly say in that time or less to get someone’s attention? It starts with presenting your message in clever and unexpected ways. It grabs people’s attention and has them focusing on the message and not thinking about the other stuff that could come into their mind. They’re engaged and captivated. In doing so, it allows you to persuade them, get them to trust you, get them to believe you, get them to want to connect with you. A shift in perspective from speaking about yourself to speaking from the audience’s point of view can be remarkably effective. Witness a beautiful commercial for a British online content company featuring a blind man whose original cardboard sign talks about himself, “I’m blind. Please help.” But when a caring passer-by changes the words to be more audience-focused, something powerful happens. The symbolism is powerful. To read more, click here.
Social media as a pathway to sales is almost certainly not going to work to the degree you want. There…I said it. While social media can be a valuable marketing tool, it’s not magic and it cannot and won’t replace everything that came before it. There’s no quick success and very few programs break through. Coca-Cola says it can find no correlation between “buzz” on Twitter and actual unit sales. Nissan admits it has no idea if social media helps it shift cars. MasterCard can’t tie its social investment to revenues. Don’t take my word for this. Go online and do your own research and see for yourself. In fact, there remains little evidence social media does anything to boost brands’ bottom lines. So then why use social media at all? The reason is that it is an impactful vehicle for empowering advocacy and we know that’s extremely important for brand health and profitability. Social media, if done right, can capitalize on what brand equity your company has already built up. To read more, click here.
When was the last time you/your marketing team asked the question “I wonder what would happen if we ________.”Crazy ideas have changed the way we go about living our lives. Knowing this, why is it that many marketers still don’t trust the crazy idea when it shows up unexpectedly especially, since crazy ideas, not safe ideas, are the game changers that propel companies forward? In today’s competitive, me-too world, if your product isn’t a legitimate leader in a category, it’s certainly a far better choice to come up with a new value story around your own product or service rather than trying to compete price-wise on the value that was generated by a competitor. You might want to be thinking about a crazy idea that will create a new meaning around your brand. Embrace that mindset so much so that the next time an idea is presented by your marketing department and someone outside of that department says “That’s a crazy idea,” you’ll say, “Thanks, we love it as well!” To read more, click here.
If you want to have passionate customers and dedicated partners, you must first inspire strong responses. But as you attract fans, you’re also bound to get the critics or “Haters.” It’s OK to have some folks (not too many, though) who will not like your brand. The undeniable reality is that if you’re not eliciting a negative response from someone somewhere, then you’re probably not that fascinating to anyone. Think about it, even Apple has Haters as does Starbucks and it hasn’t hurt them. Alternatively, you have the advocates, evangelists, loyalist…the Lovers. They don’t just buy your product or service, they also accept price increases and forgive occasional “issues.” They’re loyal and not just buying your products for price or utility. In the middle are the Lukewarmers. They have a really bad habit of not caring. They won’t buy your product unless it’s the cheapest or most convenient option which means they’re only buying you until a cheaper or more convenient alternative comes around. In today’s marketplace, this middle ground is death!! Not caring is not buying. Not caring is inaction. The world is not changed by people who sort of care or don’t care at all. Stop focusing on the Lukewarmer. Start by having your marketing and advertising be imaginative, original and fresh. To read more, click here.
Having dealt with all sorts of companies and people, I believe the Number One reason for boring “vanilla” marketing messages is the result of trying to please all the people all the time. Fighting the desire to be all things to all people lets you: 1. Stand out from the herd; 2) Attract the like-minded; and 3) Create stronger connections. Vanilla brands might not have enemies, but they also don’t have passionate advocates whose enthusiasm spreads. In order to win the race, you can’t stand still. Vanilla marketing is standing still. To stand out, to be different, to be memorable, takes boldness. It takes being “a real Marketer”. So, however you go about it, stop defaulting to dishing out plain vanilla marketing and start scooping out interesting flavors (think “Cherry Garcia”; “Chubby Hubby”; or “Chunky Monkey”, etc.) that stand out and are uniquely your own. To read more, click here.
So there you have it. 5 visuals that speak to different marketing challenges and opportunities. Maybe these visuals will stick with you for awhile and even change the way that certain projects, campaigns and programs are developed and executed. Seeing is believing.
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Rolf Gutknecht is vice president, director of account services for LA ads. To discuss your thoughts with Rolf on this blog or any marketing matters, email via this link, or visit www.LAadsMarketing.com. You can also connect with Rolf on LinkedIn.
While driving in my car the other day, I was thinking about the recent Mazda TV commercials featuring people that invented something that we commonly use in today’s world. Suddenly, I blurted out something that had me stumped by my own question: “Where do all the crazy breakthrough ideas come from?” And when I say “crazy”, I mean crazy as in unexpected… revolutionary…the WOW kind. Well, after doing some quick online research, it turns out that “formless thought (the stuff that just pops into your head) in a creative mind” is where “crazy” ideas originate from.
Many of the products that we can’t seem to live without today started out as crazy ideas – ask the Wright Brothers or Henry Ford or Bill Gates or Steve Jobs or the “Mazda Guys” like Bill Simpson – inventor of flame-resistant racing suits or Martin Cooper – inventor of the mobile phone. Or Netflix, Costco and so on. At the time, it was stuff that nobody needed or was asking for (maybe because people didn’t see a problem that needed fixing), but once developed, it was just the thing that people were waiting for. And each idea proved to be a big success in the marketplace. These crazy ideas have changed the way we go about living our lives and it all started as a formless thought. Knowing this, why is it that many marketers still don’t trust the crazy idea when it shows up unexpectedly especially, since crazy ideas, not safe ideas, are the game changers that propel companies forward. On the other hand, safe ideas are the ones you can more easily assume will work before it takes form in the world. (Note: That said, I’ve never quite understood the concept of guaranteeing a new idea will take hold in the marketplace before it actually gets produced, introduced and marketed. With so many factors involved in making that happen, who can do that?)
In some ways, I think crazy ideas are like the ancient fire that early humans feared until proven helpful. Once these humans first learned that fire made life a lot easier – from staying warm to cooking meat – the idea spread like wildfire (pun intended) and was widely accepted as necessary for a more comfortable survival and not something to avoid at all costs. I believe crazy ideas are like that as well.
In today’s competitive, me-too world, if your product isn’t a legitimate leader in a category, it’s certainly a far better choice to come up with new value story around your own product or service rather than trying to compete price-wise on the value that was generated by a competitor, right? So, if you do find your company ranked 3, 4 or lower in your industry, you might want to be thinking about a crazy idea that will create a new meaning around your brand. Think of it like a “Blue Ocean” strategy.
Two examples come to mind…LA Gear (athletic shoe brand-late 80’s) and Swatch (watches).
In both of these cases, as their larger competitors were keeping an eye on consumer needs related to performance features, both LA Gear and Swatch had the crazy idea that people, and lots of them, were more interested in how they expressed their own personality and style, and these people were willing to pay more for products that helped them do it. In the minds of the customer, these products functionally did what competitive products did…but these products also spoke to them on another level. And in doing so, these two “crazy” companies each created a new category and a competitive advantage that they had all to themselves.
OK, so now what? Well, from where I sit, if your brand/product/service is to prosper in a world that’s driven by the daily creation of crazy new ideas, your company will need to choose whether their marketing department, and their activities, will operate from a creative platform or competitive platform.
When your company operates from a competitive platform, it can only win by having somebody else lose, similar in look to that of a “Red Ocean” strategy. Here companies try to outperform their rivals to grab a greater share of product or service demand. As a result, crazy ideas that are formless and unproven will be quickly be dismissed in favor of the known and the “proven.” Typically the marketing messaging and activities for companies operating from a competitive platform are uninspiring, forgettable, and 2nd tier level within their specific industries. They’re totally devoid of connecting with the customer on an emotional, human-to-human level in part because BIG data has played a huge role in the product coming to market. These messages don’t even register a blip on your consciousness radar screen…they’re that uninspiring.
Alternatively, if your organization operates on the creative plane, it will have a compelling reason for being. It will develop products that redefine the category, fascinating customers with the unexpected, making competition and pricing (in most cases) irrelevant. It’s the type of organization where people don’t settle for the status quo and find “crazy ways” to fill in the blank part of the question, “I wonder what would happen if we ________.” In the movie rental business, “What would happen if we didn’t charge late fees?” Thus, Netflix. In retail, “What would happen if we sold quality products in larger/bulk quantities at the lowest possible prices?” Viola: Costco. This creative plane is where so-called crazy marketing ideas are constantly brought to the forefront for consideration. Where non-traditional thinking isn’t immediately shot down because it doesn’t conform to the “we just don’t do it that way” type of thinking. It’s where your competitors say “why didn’t we think of doing or saying it that way?”
Let me ask you a question: What will your company innovate or creatively say in 2014 that will differentiate your business by bringing higher value to your customer base? My vote would be to get crazy, to break away from commonplace. Embrace that mindset so much so that the next time an idea is presented by your marketing department and someone outside of that department says “That’s a crazy idea,” you’ll say, “Thanks, we love it as well.”
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Rolf Gutknecht is vice president, director of account services for LA ads. To discuss your thoughts with Rolf on this blog or any marketing matters, email via this link, or visit www.LAadsMarketing.com. You can also connect with Rolf on LinkedIn.
I was having lunch with a friend who is well-respected and recognized in the advertising industry (age of “Mad Men”), when we both started reciting well-known marketing/advertising quotes and how there are as relevant today as they were 40 to 60 years ago. Unfortunately, too many marketing director types immediately dismiss these pearls of marketing wisdom because they think “that was then and this is now.” The problem with that type of thinking is that these people are doomed to make the same mistakes over and over again because they don’t get one important fact: marketing has the same challenges as it did years ago which, in short, is the need to differentiate your message from competitors so people buy your product or do business with you. It’s we just have a lot more channels to contend with today.
So, here are five famous marketing/advertising quotes, with a few thoughts on how they relate to your efforts, whether you’re a social media manager, content marketer, or advertiser:
1. “The truth isn’t the truth until people believe you, and they can’t believe you if they don’t know what you’re saying, and they can’t know what you’re saying if they don’t listen to you, and they won’t listen to you if you’re not interesting, and you won’t be interesting until you do and say things imaginatively, originally, freshly.” – Bill Bernbach
My all-time favorite advertising/marketing quote because it really goes to the heart of getting your product or company’s message recognized and acted upon. If you believe what Mr. Bernbach says, and frankly, how can you not, then the whole idea of developing uninspiring, status-quo, “beige” marketing messaging should never be settled for again…ever. Why put forth the effort of creating something that becomes largely invisible to your audience? This quote goes hand in hand with another Bernbach quote: “You can say the right thing about a product and nobody will listen. You’ve got to say it in such a way that people will feel it in their gut. Because if they don’t feel it, nothing will happen.”
2. “When you reach for the stars you might not quite get one, but you won’t come up with a handful of mud either.” – Leo Burnett
I’ve worked both on the agency side as well as the client side and to this date, I’m still shocked at how often the client thinks so little about the growth opportunities for their product or service, while the agency thinks that the product or service is just the “cat’s meow.” Don’t be an “Eeyore-type.” Think big! While there’s also something to be said for having realistic expectations about what you can achieve, there’s nothing wrong with having big dreams and aiming to make them a reality. If you aim a little higher you might just find yourself achieving things that you might not have thought possible.
3. “Why keep a dog and bark yourself?” – David Ogilvy
If you’ve decided that working with a marketing firm is going to help you communicate your value proposition in ways and forms that you otherwise might not have come up with, then believe in the abilities of those you’ve entrusted to do this and step away from playing copywriter or art director. Yes, you’ll know your product much better than the agency in the same way the agency knows how to communicate it to the marketplace much better than you. In short, collaborating is a good thing. Dictating to your marketing partner, well, that’s not how to get the best work done.
4. “I’d rather apologize than to be so timid as to never try and do anything smart or brave.” – Lee Clow
Lee, who created legendary advertising ranging from Apple Computer’s “Think Different” to the Energizer Bunny to Taco Bell’s Chihuahua to California Cooler, knows of which he speaks. The reason these brands became megabrands is because they recognized good work and weren’t afraid, yes, unafraid, to put it out there for the world to embrace. They rejected the status quo. While your company might not ever become a megabrand, it certainly has in it the ability to fascinate your audience more than it does now and in doing so make your competitors say “Why didn’t we think of that!”
5. “On the average, five times as many people read the headline as read the body copy. When you have written your headline, you have spent eighty cents out of your dollar.” – David Ogilvy
The headline or title of your ad, blog post, collateral piece, Twitter post, YouTube video, etc., is the most effective way to get people to give you the 8 seconds of attention that you want before the reader decides to move on to something else. In short, the purpose of your headline is to get people to read your first line. The purpose of your opening line is to get people to read the next one. If you don’t embrace – and more importantly, implement – this principle, you’re going to miss out on a lot of readers. Employ headlines that stop the prospective customer. Don’t let it be anything but scintillating.
“The consumer isn’t a moron; she is your wife.” – David Ogilvy
“Rules are what the artist breaks; the memorable never emerged from a formula.” – Bill Bernbach
“Creativity may well be the last legal unfair competitive advantage we can take to run over the competition.” – Dave Trott
“Stopping advertising to save money is like stopping your watch to save time.” – Henry Ford
“Don’t tell me how good you make it; tell me how good it makes me when I use it.” – Leo Burnett
So take these inspirational quotes to heart and make your advertising and marketing ancestors proud! If you want your brand and products to get more noticed in today’s media-saturated world, you might not have to look any further than the original Mad Men and marketing legends. Their legends for a reason!
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Rolf Gutknecht is vice president, director of account services for LA ads. To discuss your thoughts with Rolf on this blog or any marketing matters, email via this link, or visit www.LAadsMarketing.com. You can also connect with Rolf on LinkedIn.
As I write this, my house is in complete disarray. We have a contractor tearing up my girls’ old bedrooms and converting them into a guestroom and an art studio for my wife. It isn’t pretty…but soon will be. As I walk past the tarp and power tools and stepladders, I’m so appreciative that there are people whom I can call on who know how to do this with an assured and desirable outcome. I use experts to prepare my taxes, to check under my engine, to tell me my cholesterol is too high. I leave the do-it-yourself projects to things that have very low consequences if I screw it up.
Marketing is not a low-consequence endeavor. If it doesn’t succeed, company fortunes and employee livelihoods are at risk. And yet, for too many companies, marketing continues to be a do-it-yourself project.
It doesn’t take an expert to see the results of this by simply flipping through the pages of any newspaper or magazine. Home-made ads are usually the ones you ignore, are plainly designed (or far worse) without style or a fresh point of view. The same goes for websites, Facebook pages, direct mail, radio commercials and company brochures.
D-I-Y is pervasive – but hardly ever persuasive!
We get inquiries all the time from businesses who have been creating their home-made ads and realize that the outcomes haven’t been what they’d wish for. But just as quickly, they pull back, fearful of relinquishing control and suffering sticker shock when they compare the cost of their D-I-Y efforts to professional services. What they’re missing is that by spending money for professional objectivity, expertise and talent, they dramatically increase the chances of their marketing actually having serious bottom-line impact.
The results of making the leap from D-I-Y to seeking out professional help can be dramatic. I’ve seen countless times sizable changes in traffic, sales and inquiries that resulted from putting the marketing in the hands of experts who excel in that craft. That’s how after 20 years, some businesses become overnight successes!
And by “experts,” I’m not talking about letting the shop that designed your banners or flyers design an ad. They’re experts in quick print projects. They’re not a marketing firm or an advertising agency whose portfolio of work comes with recognizable brands; as a result they don’t know how to help you build a long-term competitive position in the marketplace. Nor am I talking about brother Bernie’s kid who took two semesters of computer graphics and makes rock band t-shirt designs.
Every town has ad agencies and marketing firms who can provide you the ideal strategic guidance and talent required to make a difference. As you know, they come in just about every flavor, from one-man shops to multi-floor mega-agencies. Selecting the right company is a matter of chemistry, portfolio, history of success and their desire to win your business. It’s no different than choosing an accountant, contractor or garage mechanic. Price is a factor, but should never be the deciding factor – any more than seeking out the cheapest physician when you’re worried about internal bleeding. (Remember, it’s your company’s life on the line.)
Here are some tips in selecting a marketing provider (or better yet, a marketing partner!):
Just remember, success isn’t about your being able to do everything or know everything. It’s about being able to find the very best resources to complement what you do and know.
That’s why I know when to run to Home Depot myself and when to call on the guys who are ripping out the girls’ closets right about now.
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Rolf Gutknecht is vice president, director of account services for LA ads. To discuss your thoughts with Rolf on this blog or any marketing matters, email via this link, or visit www.LAadsMarketing.com. You can also connect with Rolf on LinkedIn.
“Life can only be understood backwards; but it must be lived forwards.” – Soren Kierkegaard
The last quarter of 2013 is almost history and as we stand poised to welcome 2014 in just 50 days from today, we hope for a future that is successful, rewarding and where dreams will be realized. Having seen the start of more than a few “new business years” during my career, I’ve learned that you can do one of two things in preparation for the coming year. You can yet again try to create a brand new marketing strategy for the coming year or you can pause, look back and do some serious reflecting, resolving to change, or improve some aspect about how you will initiate your future marketing campaigns. For some people, looking back over the past year may be something better left in the rearview mirror; on the other hand, burying your head in the sand can be seen as the primary ingredient in a recipe for another disappointing year…and you know how much the CEO/President/Owner/ Founder loves that kind of thinking and pending poor results. So before one celebrates the dawn of a new year…take time to ask yourself what are you going to do to change? What does success in 2014 look like to you and your executive management team?
Speaking for myself and our firm, the end of each year is met with a healthy dose of optimism for the coming year. We see 2014 through a lens of hopefulness, that things will indeed get better. Is that just us or will you and your organization also view the coming year with a level of anticipation that you haven’t had for a few years? Hey, it’s been tough for most everyone out there but let’s remember that at least a few organizations — perhaps your own competitors — have fared better than most despite these trying times. So what have they done to plot a course for a more optimistic and profitable path for success in 2014?
Depending on marketplace factors coupled with how well you were able to strategically position and market your company, the past year was either seen as a success or another year of disappointment. Success if you were able to grow your share of the proverbial pie (maybe at the expense of your competitors) or be sufficiently positioned to stay in business to fight the fight for another year. Or disappointment if things didn’t turn out so well because of…(you can fill in the blank). The question that begs to be asked here is, how much of last year’s success or disappointment was because of something you had no control over, such as good luck or bad luck, and how much was because of something you did or didn’t do given how the marketplace presented itself? I’ve found through personal experience this is the time to be totally honest with yourself. As the quote goes: “Being entirely honest with oneself is a good exercise.” – Sigmund Freud
Hey, I’m all for a bit of luck but you probably don’t want to continue betting future success on lucky things happening in the coming year. With this in mind, here are a few questions to ask yourself as thought starters as you begin the process of looking in the rearview mirror to last year and through your windshield to the next:
As marketers, one thing we know for sure is that change will not stop in 2014. The economy will continue to shift on us —hopefully with less drama. But by reflecting back on 2013, taking control of your marketing activities rather than being tossed around by the waves in the marketplace, along with thinking optimistically about what 2014 can hold, 2014 might actually be a year worth celebrating. It will be for us and hopefully will be for you as well.
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Rolf Gutknecht is vice president, director of account services for LA ads. To discuss your thoughts with Rolf on this blog or any marketing matters, email via this link, or visit www.LAadsMarketing.com. You can also connect with Rolf on LinkedIn.
When it comes to sharing on social media, there’s you and your network of friends and contacts. These are all the people that you’re connected with on LinkedIn, Facebook, Twitter, email, etc. And like you, these people have their network, in other words, your network’s network. The big secret of social media, not just for your personal brand but for your company is that it’s not about your network per se. It’s not even so much about reaching those in your network. It’s about reaching your network’s network.
So every message you put out there should be something that your network wants to forward. If your network doesn’t want to forward it along to their networks, then your brilliant post or exciting news dies with them. It’s like telling a room full of people you know something wonderful that you would hope they would tell others…but the word never gets out. On the other hand, if you put out content that’s surprising, that teaches, that adds to the conversation, that provokes thought, that taps into a bigger discussion, then people will forward it. In a sense, they reward you for being oh so clever and smart.
For example, I’m of that age where I’m taking more of an interest in insurance-related matters, so I’ve found myself going to New York Life’s Facebook page. There they ask questions, have polls, allow you to fill in the blank on things that directly have to do with insurance; but many other times the content is peripheral – what do you want your legacy to be? How old is the oldest person you know and what makes them special? It’s stuff people comment on a lot. As you may know, what happens then on Facebook is that those comments show up on people’s individual pages as commenting about something on New York Life’s page. So it becomes viral… which is the art of reaching your network’s network.
So what kind of messages are likely to be forwarded, or maybe more importantly, what kind of messages are boring and least likely to be forwarded? Well one kind is the “cat” status update kind you find on Facebook. You know…”I just fed my cat.” “My cat is playing with her new toy.” Cat, dog, people, whatever. We all know this stuff hardly ever gets forwarded. But you know what, brands do the equivalent of “I just fed kitty” updates all the time. How many times have you read “we just got a new product,” or “we’re moving, ” or “our company just hired 10 more people,” “we just painted our building,” etc. Yaaaawn. While it’s not at all wrong to give out that info, just know you’re saying something about yourself that’s not adding value and thus this update goes no further than your immediate circle of connections, if they’re paying attention at all. Oh, and then there’s the type of messaging that you find on LinkedIn and Twitter a lot…the over-populating of meaningless updates and posts without cessation. One post or tweet after another to the point you get tired seeing this person’s face show up on your screen ever again! If the idea of social media marketing is to form relationships with people, then why would you want to undo what you’ve accomplished by over-marketing your company to the point where people say, “I’ve had enough. Buh-bye!”
So what kind of messages generate traffic for business and does get forwarded to your network’s network? It turns out you already saw this in high school when a message of great personal value went out there and was forwarded. I’ll call this “My parents are out of town…bring your own beer” message. This type of update breaks through the rest of the “ho-hum” messages because it does two things: it produces a high emotional response and people like sharing practically useful content to help out their friends, as well as business customers or prospects.
Now I’m not a psychologist but I’ve found through personal experience that the likelihood of sharing content seems to hinge on things that produce an emotional response by means of wonder, joy, anxiety, fear and surprise. I’m sure there are many other motivators but let’s just talk about these for a moment.
As we know, the idea of social media is to create and strengthen relationships with people. We do that by sharing information that they’d like to get, read and pass along to others. That doesn’t happen if what you have to say isn’t interesting and you won’t be interesting until you say and do things imaginatively, originally, freshly.
When I first started out in this crazy world of advertising and marketing, I had a co-worker who had been in the business for a while (think of the show “Mad Men”) who would pass on “things to know” in endless supply. One of those things that I’ve remembered over the years has to do with the difference between knowledge and wisdom. It goes like this: knowledge is knowing that a tomato is a fruit; wisdom is knowing that you shouldn’t put it in a fruit salad. I’ve said this so many times to friends, co-workers, my kids, etc., that I’m surprised I’m still not tired of saying it. But there’s so much truth in it and it applies especially to the discipline of marketing.
As marketing folks, regardless of the industry or size of the firm or marketing department, we’re busy trying to learn as much as we can so as to stay up with the times. And there’s so much to learn. Whether it’s new research telling us about how certain demo groups are behaving towards specific marketing channels, to new online tools, to the best lead-generation software, it’s all coming at us at lightning speed. But we have to remember the need to use good judgment given all of this knowledge. You see knowledge – having specific familiarity or understanding about something – is a bit different than having wisdom – being able to discern or judge what is true, right or lasting. In short, to be wise.
So, while all of this knowledge is important — and it is — we need to know what we can depend on and what is just a fad. What will apply tomorrow after “the next best thing” in marketing has burned out and we’re on to the next “next big thing.” So indulge me in the passing on of some marketing wisdom. Think of it as Marketing “Chicken Soup for Soul,” if you catch my drift.
Marketing wisdom is knowing…
So, when you open up your next Google Alert about a specific marketing subject or if someone from upstairs decides to drop off an industry trade journal with a Post-It note saying “maybe we should try this,” it might be worth remembering “Marketing wisdom is knowing what to put in your fruit salad or keep out of it.”
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Rolf Gutknecht is vice president, director of account services for LA ads. To discuss your thoughts with Rolf on this blog or any marketing matters, email via this link, or visit www.LAadsMarketing.com. You can also connect with Rolf on LinkedIn.
“The truth isn’t the truth until people believe you, and they can’t believe you if they don’t know what you’re saying, and they can’t know what you’re saying if they don’t listen to you, and they won’t listen to you if you’re not interesting, and you won’t be interesting until you say and do things imaginatively, originally, freshly.” – Bill Bernbach
Over the past couple of weeks, in both my personal and business life, it just seems like everywhere I turn, I’m seeing the most uninspired, blah, boring, and unenthused advertising and marketing messaging. From credit unions to food products to retail delivered through TV, direct mail, outdoor, one-sheets/brochures, whatever. You know exactly what I’m talking about. It’s as though A LOT of people got the same memo: create only lifeless, sigh-inducing marketing that doesn’t say anything. As a result, I recall something that the comedian Billy Connelly once said about people who create this kind of stuff. He called them “Beigests” – as in the color beige.
For the purposes of painting a picture of who a “Beigest” is, let’s describe them as constantly striving to turn everything around him or her lukewarm and mediocre. The kind of person who’ll suck the life out of all meaningful messaging, attempt to censor or dilute anything that they don’t get (forget that their audience does get it), water down any sort of strong rationale with weasel words & steer it towards the middle, and constantly strive for “consensus” as they make the world “user friendly” (i.e., rather than make an executive decision, they ask everyone for their opinion. I sometimes wonder if people making the advertising or marketing decisions are genetically incapable of recognizing messaging that stands out, that they simply default to that never vibrant but never offensive color beige.
Let me ask: who loves the color beige? Not many people will respond saying that beige is one of their favorites. But it’s a color, right? So why aren’t more people expressing their love for it…like they do for reds, blues, purples, or whatever your favorite color is. Because beige is insanely boring! It totally lacks enthusiasm which makes the marketing messaging as dull as an accountant’s office.
Our lives are way too busy for us to be attracted to “beige” things. Yet, too many marketers don’t project that same line of thinking toward attracting customers. Decisions are made daily to keep producing and running the same run-of-the-mill, uninspiring stuff…week after week, month after month, year after year.
Keep in mind that when you as a consumer see anything from a company, either your opinion of that company is enhanced or it’s not. There’s no middle ground. You either like them a bit more or you go in the other direction. So, if that’s the case, why do too many marketers turn that compelling, money-making value proposition into a beige “me-too” that each and every one of your competitors could say. Why do you think for one second that someone is going to acknowledge your message? And not only acknowledge it, but take the time to respond, and make a purchase.
I don’t know about you, but I’ve never been bored into buying something. And I’m even going to say that 99% of your customers are with me on this. The marketing you do for your company is an extension of you. You’re the person who’s responsible for communicating the passion of your company. When you talk about your business with others, hopefully your eyes twinkle, your heart begins to race, your voice becomes more dynamic and people are instantly attracted to you. When that show of enthusiasm and excitement happens, no one would confuse you with being boring, right? Of course not. So look at your marketing stuff and see if it reflects that same level of specialness. Or you could always ask friends, colleagues, suppliers or anyone who will be candid with you, “Does this marketing make you want to pick up the phone and call us or know more about us?” If the answer is not an enthusiastic “yes,” then it’s time to start over. Because spending money that can’t produce results never makes CEOs happy. They’re eventually going to see what you produced for the market.
Save your company from being seen as beige. Be a welcomed splash of red. And listen, not only is it possible for you to create a business that is as fascinating as you are, it is necessary. Life’s too short to settle for “blah.”
As an agency who is always looking to team up with marketing-centric, growth-oriented companies, I’m constantly baffled by the number of prospective clients who tell me that their competitive edge is that “we’re honest,” or “we care about our customers,” or “hey, we’re very good at what we do.” The next obvious question then is how many of their competitors say they are not very honest, they don’t really care about their customers, and they’re not very good at what they do?
We’ve all gotten so wrapped up in what we perceive to be our strengths, what we “know” the market wants, what the reasons are that customers purchase our products and services (or at least should do) that we are in danger of not seeing the forest through the trees. We spend our time thinking up strategies, putting time against newer ways of reaching customers and prospects with the ever-increasing tactics of social media, etc. But we seldom, if ever, take the time to stand back and reflect where the company stands in the real-world, as the marketplace sees us.
As marketers, we know the importance of doing a SWOT analysis – Strengths, Weaknesses, Opportunities, and Threats – usually before companies rebrand themselves or new products are launched. SWOT needs to be a central part of our marketing efforts before the strategy development, before the tactical implementation, before undertaking new methods of communicating and measuring the effectiveness of our communications. In fact, when was the last time your organization or your marketing partner put together a brutally honest, no-holds-barred SWOT analysis? If you’re like most, it’s been a while.
In larger companies, marketing departments have annual planning cycles. In smaller companies, the routines are not as formalized, and planning has a tendency to be less frequent and with less time devoted to it. Generally this process looks more at budget allocation, new initiatives to be considered or implemented, staff/services cut-backs, etc. But hardly ever (ok, with less frequency than one would think) does this planning examine not just the strategy and tactics employed but how marketplace changes may have changed the company’s strengths, opportunities, weaknesses, and threats at the most basic level.
This needs to be done on a regular basis before time and resources (financial, staff, etc.) are committed to a strategy, an approach, or new tactics. Important questions need to be asked, and too often the most basic questions are not asked.
We all know them: What are our strengths? Are the strengths recognized by customers and prospects? Do our competitors have the same strengths? What are their strengths? And so on. How has the marketplace changed? Where are the new opportunities? Are our products/services adversely affected by emerging trends? How are our competitors reacting to the changing marketplace? Etc.
So I am NOT suggesting that the Marketing Department doesn’t know how to approach the marketplace or that we don’t know what we need to know. I am, rather, suggesting two things:
1. We need to set aside some time, on a regular basis, to carefully put all these questions and the answers together, and only then plan, create the strategy and implementation tactics.
2. We need to test our assumptions – every time – against what is happening in the real-world, on the ground, where the customers live and where our revenues come from.
With everything on Marketing’s plate today, and the urgency in which it needs to get done, there’s a real danger of losing sight of the basics. Who has the time, right? Well, if we lose sight of the need to regularly and carefully look at what we think our company is (warts and all), look at all that we do, and all the resources we use/spend, in the ever evolving marketplace – not just our guesses about it and our customers – we risk losing all that we work so hard to achieve: increasing revenues and market share.
The time tested marketing adage of “If you don’t really know where you are, it is much more difficult to get where you want to be” has never been more true.