Tag Archives: USP


Dare you look in the Mirror?

Magic-MirrorI don’t know too many people who really like pictures of themselves.  “Oh, I look too fat, too old, too…whatever!” Personally, I hate hearing my own voice on radio or in recordings.  I think I sound goofy and inarticulate.  And anyone who’s ever seen themselves on television (not including actors, of course) gets it from all sides.  We simply don’t like seeing ourselves as we suspect other people really see us.

Oddly enough, we’re the same way when it comes to our businesses.  We’d just as soon not think about what we really “look like” to outsiders.  The truth might be just too upsetting.  But the truth always wins out.  So what is the truth we must all face as professionals?  What’s the best mirror we can hold up to see ourselves most clearly?

A couple of years ago, our agency was asked by an industry association to provide consulting services to their members.  We found that we could do that most effectively by sending anyone who sought our consultation a 12-point questionnaire about their business.  It was surprising how challenging it was for many to answer the most necessary questions about their own business’ strengths and weaknesses.  We quickly realized that this was that mirror!  This questionnaire, if taken seriously, forces company marketing officers to look inward honestly and be willing not to like the answers.

I herewith offer these same questions to you to ponder with respect to your own enterprise.  But to do it properly, you cannot be superficial in your answers.  You have to dig as deep as you can.  And if you can only come up with the “obvious answer” or draw a complete blank, take that as a sign that there’s work to be done.

Ready?  No cheating…

  1. What business do you see yourself in?  (It sounds obvious, but think about Domino’s Pizza.  They don’t say they’re in the pizza business; they’re in the business of feeding hungry people fast.  Or Nike, who isn’t in the athletic clothing business; they’re in the business of encouraging athleticism in everyone.  That paradigm shift is critical.  So what business are you really in?)
  2. What or who is your major source of business? Do you want to change this?
  3. What type of customer are you looking to attract?  Is that different from who you’re attracting now?
  4. What are your current marketing/business goals? (i.e. increase sales/customers; attract business partners; grow visibility in a different business segment)
  5. How realistic are those goals? Why?
  6. What is going to stop you from getting there? (i.e. competitors, financial condition of firm; change in industry; etc)
  7. Who is your major competition?
  8. What differentiates your business from the competition?  (I mean, what really differentiates you?  What is it that ONLY you can say. Not something that with a switch of a logo or name your competitors. Once you strip away everything that you and your competitors all do, what is it that makes you different…and relevant.”)
  9. List all the ways non-customers can find out about you right now?  Is that sufficient for your growth plans?
  10. Where do you feel you fall short in your marketing efforts?  Message?  Creative?  Media expenditures?  Media selection?
  11. What has worked best for you?  What has worked least?
  12. What do you want people to remember or say about your company after “you’re no longer in the room”? (1 or 2 things)

On your first read-through of these questions, I’ll bet you say, “Oh, I can answer all that, no problem!”  OK, tough guy, then give it a go.  Build up the sweat and answer these 12 questions to the very best of your abilities.  However you answer it, whatever holes are left unfilled, whatever questions it brings up as you sit there stumped, you’ll have developed the most important document you need to move your company forward.  Because getting to your destination of choice depends fundamentally on knowing where to start and taking your first step.

####

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.

Settle for so-so or battle for brilliance?

business armyOh, the wonder of beautifully crafted taglines. Those few strategically selected words that sum up everything your business stands for and what you want your target audience to know about you. They’ve made companies fortunes by telling people what makes them standout in the sea of sameness. Consider FedEx’s brilliant “When it absolutely, positively has to be there overnight.” Nine simple words that tell FedEx buyers precisely what they’re going to get, while simultaneously informing all of its employees what their mission is. What if FedEx’s slogan was “We ship things!”?  Would Nike be as successful if it allowed an executive committee to red-pencil “Just do it” into “When you need great shoes”? How would BMW’s vision change if “The Ultimate Driving Machine” became “Our cars are fun to drive!” My point is that these companies didn’t settle for weak platitudes or vague, generalized statements that could have applied to their competitors.  Nope, they decided that they weren’t going to settle. Instead standing out and differentiating themselves was business-critical. Can the same be said for your company and its marketing?  Do you have a themeline or slogan that makes you stand out?  Is it unique and memorable? Or is it mediocre because somewhere down the line, people settled?

Let’s face it, we have a tendency to settle. It’s almost human nature. We settle for something that’s not just quite right, an outfit that isn’t our best look, a job that doesn’t maximize our talents or an ad or website page that’s okay or just “good enough.” While the act of compromise in life, relationships and particularly conflict is an admirable trait, compromise or “settling for” in marketing is a death knell.

You see, the whole point of your marketing activities is to get noticed; get engaged with your audience; and have your work be acted upon to bring in the business.  Alternatively, anonymity, swimming in the center of a school of other fish, may be a good survival tactic if you are an anchovy, but it is not a good survival tactic for business.  So you have to wonder why so much marketing – and so many marketers – feel the need to play “follow the leader” with respect to marketing trends.

The logic is that if others have done something successfully, you just need to do the same thing. Well, maybe. And then again, maybe not.  As we all know, breakthrough products and breakthrough marketing campaigns are not achieved through conformity. Note the word “break” in breakthrough.  These are the products and campaigns that break the rules.  These are the products and campaigns that use insight, intuition, experience, sensitivity to the marketplace – and arguably the most important thing….courage – to do things differently. To break away from the status quo.

It is certainly true that most companies don’t have that innate insight and courage to be successfully different.  We can’t all be like Steve Jobs. But for those are willing to do things differently and well, for those who want their companies to stand out, then the only rule that matters is:  You cannot achieve exceptional success through conformity.

To that end, you can have your brand and product/service stand out if you’re willing to take a risk. For starters, ask yourself these three questions:

1. What’s can you say about your company that’s seen as a unique or fresh alternative to your competitors? This can range from the product or service you offer to the way you do business to that of sharing your wisdom. Think beyond the obvious. Dig deeper. Ask yourself a bunch of “So what does that mean?” and “Why would our customer care?” with each answer that’s given.

2. What medium makes the most sense for your brand?  The goal is to create a campaign that drives conversation and ultimately revenue. So what imaginative or different ways (to what you’ve been doing) should be explored and implemented. Doing the same thing from one campaign to another, especially given all of the new technological and interesting messaging channels out there, is not only boring but could be seen by management as, well, not a great reflection on yourself.

3. How will you execute your campaign?  Don’t risk looking amateurish or wasting time by trying to save money. Engage yourself with people that can help you get to the BIG idea and then help you implement it in a way that you and your executive management team are proud of.  You’ll always remember the big successes, while you’ll forget how much money you saved or spent.

Clearly, whether it is investing in advertising, developing a little more creativity, spending the time to follow-up or making the effort to engage with your customers, you can easily elevate your marketing to where it needs to be. Anyways, what progressive marketer wants to settle for second best, or worse, be recognized as mediocre?  That doesn’t play well either at the current company or when you need to show your portfolio of work if switching jobs. Instead, risk being brilliant instead.

 ####

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.

Chicken Soup for the Marketing Director’s Soul

Chicken SoupWhen 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…

  1. …that “do-it-yourself” marketing is pervasive….but hardly ever persuasive.
  2. …that when you know what you’re doing is right, perseverance will pay off.
  3. …that our primal desires, urges and wants (what motivates us) mostly remain the same even in this world of new apps, websites, social networks, etc.
  4. …that it’s OK to have some people not like your brand because if you’re not eliciting a negative response from someone somewhere, then you’re probably not that fascinating to anyone. No one remembers lukewarm!
  5. …that you shouldn’t be over-thinking your content. People want information but most prefer authentic and credible, real-life stories. That’s when relationships start developing.
  6. … the difference between strategy and tactics.
  7. … how to talk to current and prospective customers in a way that they understand and with messages that they’ll listen to. It’s not what you say, it’s what people hear.
  8. … that copy length is meaningless, provided that your sales story is compelling and hits an emotional sweet spot with the customer.
  9. … today the best idea does not win; the best idea does not get credit; and, the best product does not win if nobody pays attention in the first place.
  10. … when those so-called “experts” are furthering their own agenda by “smoke and mirrors.”
  11. … not to retreat into marketing nothingness or “into the middle of the herd” by doing what everybody else does or doing it the way they do it.
  12. … that the outcome of an effective social media strategy isn’t about what you post or how many times you tweet, etc., but rather it’s all about what others say or tweet about you!
  13. … that while “best kept secrets” might be seen as good for restaurants, traffic shortcuts and travel destinations, but they’re NOT great for business.  Don’t get lost in the noise.
  14. … that people will pay more attention to what you want to tell us by not dishing out plain vanilla marketing but rather by scooping out interesting flavors (think “Cherry Garcia,” “Chubby Hubby,” or “Chunky Monkey”, etc.)
  15. … when to cut rope on holdover marketing programs that the company has “invested” in over the years.
  16. … that 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.
  17. … that while hearing from the customer is great, spending quality time listening to what they’re really saying is what separates good companies from great ones.
  18. …the difference between what people in the company want and doing what the company actually needs.
  19. … that within the world of social media, brands are not built by influential people, but by influential ideas.
  20. … that while it’s fine to try things to attract new customers to your business, be sure to spread a little love around to those who are already in your camp and are supporting your business.

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.”

####

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 Big Yawn.

“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.”

Finding the WOW Factor

Imagine if you had some magical warning sound that alerted you before you made a misjudgment or a social faux pas.  You know, like you’re about to bet on a bad hand and, HONK!, so you pull back your bet just in time.  Or you’re about to give a future employer one of those cool “street” handshakes and, HONK!”, you think better of it. There’s a clever commercial for the Nissan Altima that plays out this funny notion as it promotes a cool new feature on the car: a warning honk that alerts you before you over-inflate your tires.
[youtube http://www.youtube.com/watch?v=V9xFgyv8BJI]

Now admittedly, we’ve all managed this long without the benefit of an automatic over-inflation warning, but still, it’s pretty cool. And it dramatizes a point that as a marketer you should be asking yourself:  What’s the cool feature you have to sell?  What do you produce, offer or do that excites your audience and makes them think “Wow!”

This is a pretty ho-hum world we live in and we’ve all seen ads, commercials, websites and Facebook pages up the wazoo.  So the challenge of breaking through today means finding the one or two out-of-the-ordinary things people don’t expect or don’t know about you that fascinates them. We all know that to be the all important  “Wow Factor.”

In your specific industry, you already know what the baseline of expectations is (quality product, made from quality materials/ingredients, great customer service, affordable prices).  That’s just the opening ante that anyone in your business must provide.  But where is the Wow that you alone can talk about?  That one thing, or series of things, that is not merely unique but deserves an exclamation point in the eyes of your customer.

In books such as Raving Fans: A Revolutionary Approach To Customer Service, or Purple Cow: Transform Your Business by Being Remarkable, the authors write about the need to be remarkable or else become invisible.  In your marketing, the same rule applies, that you must find the Wow Factor and express it in a fresh and unexpected manner so that it excites the audience and sets you in a league all your own. That way, it grabs people’s attention and has them focusing on the message and not thinking about the other stuff that might come into their minds. They’re engaged…captivated.

In doing so, you start connecting with your audience on a more intimate level, and that better allows you to persuade them, get them to trust you, get them to believe you,  and get them to want to buy from you. So when your competitor tries to pull them away, they’ll stay loyal to you.

Back to the example of the Nissan Altima, the commercial demonstrates that promoting one small but really interesting feature is better than loads of features or bland generalities.  That nugget of marketing gold for you might exist in one “small” aspect of your operation  but demonstrates everything holographically about the way you do business.  Whether it’s some unique characteristic about the what makes up the product (i.e., it doesn’t rust…even when submerged in salt water) or a particular service that you alone are offering (i.e., you’ll return every inquiry within 2 hours), it just needs to be a Wow.  Anything short of Wow, whatever it is, will be background noise and nothing more.  And if it’s a Wow, no matter how small it is, your marketing can make it big.

It’s time to do some corporate detective work and discover – or develop – your own Wow Factor.

And hey, did I mention the marketing director’s daughter who (HONK!!!!) … oh, never mind.

Would you be missed if you went away?

Over the past 5 years or so, it’s it happen more times than we care to remember …maybe even at a company that we once worked at. (For me it was Countrywide Home Loans.) I’m talking about a company or brand that was once a familiar part of the business landscape which is now no longer around. Disappeared. Gone and forgotten. From Oldsmobile to Borders bookstores to more big city and community newspapers than one can count.

The fact that “going out of business” has become such a growth business, it got me thinking about a question I’ve posed time and again to the marketing leadership of companies during this “New Normal.”

The question is simple and insightful — and it’s worth taking seriously as you evaluate your approach to strategy, competition, and innovation. Here it is:  If your company went out of business tomorrow, would anybody really miss you and why? Let that swim around in your brain for a bit.

If that question didn’t concern you…maybe it should. What’s being done in order to make your brand important enough and invaluable to your customer so that they feel they could not live without, or at worst not want to live without you?  Here are 5 ways to help make your company or brand so meaningful that your various customers would notice if you went out of business.

First, you must provide a product or service so different that it can’t be provided nearly as well by any of your main competitors. Mercedes would certainly be one, maybe even Ritz-Carlton and Southwest Airlines as well. But really, how many products or services fall into this group? Do your customers see you as a “must” or a “they’ll do”? How many viable options are there to what you offer? Do they trust you to follow through on what you’re telling them? What makes you so special…really?

Second, meaningful brands are created by people with a vision and a passion, and destroyed by “caretakers.” Perhaps the founder of a company identified a niche or angle that was unique and pursued it with passion.  But once the brand is relinquished into the hands of “caretakers” more focused on the financials and preserving the status quo, it can tend to be slowly destroyed. Marketing, and I mean the kind of marketing that moves people to act, is something seen getting smaller and smaller in the rearview mirror.  Former President Reagan once said “Status quo is Latin for the ‘mess we’re in’.” Amen.

Third, make sure that the company continues to innovate and not stand still when the brand realizes some success. When something works, either because it was thought through or, more times than not, by other factors, the “don’t fix it if it is not broken” philosophy kicks in. The growth of the brand or company stalls, instead of constantly trying to evolve, improve and adapt to the changing world. One cannot win a race by standing still. Vanilla/mediocre advertising is a big contributor to — or perhaps the result of — standing still.

Fourth, your company must forge a uniquely emotional connection with your customers that other companies can’t copy. Apple is an obvious passion brand in the performance-obsessed technology world. HBO is a brand in the fussy media market that doesn’t just have viewers but devoted followers. But in a world of endless choices, how many companies and brands do you know that have achieved the status that inspires “loyalty beyond reason?” Is there a reason why your brand shouldn’t one? Can your company be an Apple, Starbucks or HBO to your customers? If your answer is “we can be a brand like that”… good for you!

Lastly, look at the marketplace and understand who you’re competing against.  Many companies and brands define their business too narrowly just like stagecoach owners did. They focused on offering the best stagecoach service, the cheapest stagecoach service or the fastest stagecoach service. Eventually other forms of getting people from “A” to “B” came along, like when the jet plane destroyed the lucrative transatlantic ocean liner business. You need to define what business you’re in and who the competition really is.  Food for thought: If Google’s the one ranking your business against your peers, then it makes sense to understand who they think you’re similar to, right?  Type in your own URL in the search bar and see what comes up. You may be surprised.

The fact is, a very few companies meet any of these criteria — which may be why so many companies feel like they are on the verge of going out of business.  So the next time someone at work urges you to think small and settle, ask them why they believe that playing it safe is playing it smart. That’s what they thought at Saturn, E.F. Hutton and House and Garden magazine — and look how it worked out for them!  For, as they found, their customers could live without them.

At the end of the day, if your customers can live without you, eventually they will.  If you do business the way everybody else does business, you’ll never do much better. If your answer to the question of whether anyone would notice if your company or brand went out of business is “no” or “not sure” – you need to focus on how to ensure it doesn’t happen. What is your marketing doing to make sure that doesn’t happen?

The most dangerous place your marketing can be

Chalk Mark

The most dangerous place to be in your marketing is in the middle of the road.

We had a client call last week telling us that she had received a letter from someone stating how much they were put off by an ad we were running.  She was wondering if we should hold off running that ad and instead run another one we had produced. My response was “Heck no. I’m thrilled that someone felt that way. I hope we get a few more letters.”  Why would I say that, right?

You see, your company, like 99.9% (there’s always that oddball out there) wants to be loved. You want adoring customers, enthusiastic vendors, committed partners, etc.  Yet in reality, few companies are really appreciated. In fact, most companies and marketing messages are tolerated at best, and at worst, ignored. And do you know why? It’s because most company messaging is too forgettable and too dull to spark any type of reaction.

If you want your company to have passionate customers, dedicated partners, etc., you must first inspire strong responses. Only then can you convince people to love your company and become raving fans of your brand. But here’s the kicker: as you attract fans, you’re also bound to get the critics, or “Haters.” As we learned in physics: Every action creates an equal and opposite reaction. These Haters are the ones that write nasty letters or post negative comments on sites like Yelp or Angie’s list.  That said, here’s something which might also cause you to recoil a bit.  Experience has taught me that it’s OK to have some not like your brand (not a lot, of course). Yup, you heard me right.  In fact, having a few critics is essential. 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. No one remembers lukewarm!

Fresh, imaginative, and original ideas come across as unfamiliar, even uncomfortable, which means that not everyone will like it. But unfortunately, most companies spend too much time worrying over damage control for the Haters that they never get up the nerve to be exceptional in the first place. In short, Haters are the price one pays for being special. Apple has Haters.  Starbucks has Haters. Accept their presence but do not let them stop you from moving forward.

On the other hand 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.”  When your product is sold out in one store, they’ll drive to another store to find it. When the competition tries to appeal to them with an incentive, they stay loyal.  Lovers also do your marketing work for you — for free. They write nice things in online reviews, and even occasionally re-post your content online. In every aspect of your company, Lovers will reward you with new business and higher sales.  They’re not just buying your products for price or utility.

So you now have the Lovers on the left and the Haters on the right and between them you have a set of customers who give you little loyalty or value.  Let’s call this group the “Lukewarmers”.  Maybe a good way of describing this group is like that friend of yours that would come over to watch a game but as soon as the beer ran out…so would he. Kind of like a friend…but not really.  In the same way, these indifferent customers make a purchase here and there but don’t add much of anything else.

The Lukewarmers also 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. So in addition to not being loyal, they’re also expensive to maintain because you’re spending money to get them as customers and they never really pay out over multiple purchases.

In today’s marketplace, this middle ground is death!!  Not caring is not buying. Not caring is inaction. The Lukewarmers leave for just the smallest of reasons. So how do you get people to quit being Lukewarmers and start actively choosing you and your brand?

Simply put, if your company wants to influence purchase decisions, you need to provoke strong and immediate emotional reactions so that people bond with your brand or company. The goal isn’t to create, or even stay away from controversy, but to avoid creating legions of people who simply don’t care.

The world is not changed by people who sort of care or don’t care at all.  Stop focusing on the Lukewarmer. And don’t let the Haters keep you from your goals. Start accumulating the Lovers. And it all starts by having your marketing and advertising being original and captivating.  There’s no middle ground here.

Somewhere, there’s a trash can with your money in it.

Money TrashLet me ask a question regarding your marketing initiatives that might be of a sensitive nature for some:  How much of what you have planned for in the way of campaigns, media channels, tradeshow activity, collateral, etc., is a holdover from last year and the year before and the year before that?

Now, how many of those activities are part of “status-quo” thinking – it’s just what we’ve always done? How many of these things are ineffectual?  In today’s world of measurement metrics, internal analysis and ROI’s, some people would say non-producing activities would not be tolerated by upper management. Well here’s a news flash…these initiatives not only show up year after year but they’re staunchly defended by…upper management.

So why do companies keep investing in these programs and activities? Well, the thinking goes:  “We’ve spent $ XX,XXX (and maybe another X) into this. Plus we’ve already invested XXXX hours into the program. We can’t stop now or we’ll have lost everything.” All that’s being done here is engaging in the sunk-cost fallacy that describes the tendency to throw good money after bad. Psychologically, the more you spend on something, the less you’re willing to let it go.  But truth be told, once your money is spent, it’s gone. It has no relevance. What counts in terms of getting where you want to be tomorrow, is what that investment is worth to your organization today. It’s important not to consider past costs when making planning decisions, but to make decisions based on future costs and benefits.

There’s something else that marketers do that’s almost a bigger of waste of money than investing in ineffective programs and it’s really the genesis for this blog. What I’m talking about is the total lack of effort that’s put into making programs resonate as well as they could.

We all know that well-planned, well-executed strategic marketing is a lot of work. But then, so is filing for bankruptcy, selling off your assets and shuttering the business – which is the alternative to putting in the required effort. That makes me wonder why companies bother to invest in marketing activities and then put nearly zero effort into executing them. The creative is boring; the strategy is half-baked; the lackluster results are acceptable. This is just throwing good money after bad!

I stumbled onto a great example of this while clicking through the online exhibitor’s list for an upcoming industrial B2B trade show that covers a huge range of industrial services and equipment.  Reading the self-authored company descriptions posted by each exhibitor,  I was shaking my head in disbelief.  Here are just two examples, and believe me, others were even less informative:

“Manufacturer & supplier of Cable/Wire Harness Assemblies, Power Supplies  & Fans with Value-Added Capabilities.”

“Precision CNC turning and machining. Design and manufacturer of custom rubber products.”

There were literally dozens of entries like these and they were all written by the companies themselves! And they were free! The more I read, the more dumbfounded I became. Unique selling proposition? Strategic positioning?  Differentiation? Okay, let’s shoot lower. Let’s try for just a coherent company description.  How is any potential buyer supposed to even understand what value these companies could offer to them from those descriptions?

Trade shows are no small financial and time investment. Consider the possible costs: exhibitor fees, booth purchase, collateral materials, promotional giveaway, travel, meals, and man-hours spent on show logistics and for staffing the booth.  So why then would any company that commits to a trade show deliberately and willfully flush that investment away with company descriptions like this:

“Extrusions – profiles large & small, tubing, rod, bar stock, co-extrusion, drilling and forming. Thermoforming. Pressure forming – deep draw, sheet thickness .030 – .500, high volume, long or short runs.”

This isn’t even a company description. It’s a list of processes, none of which are unique to this company! You may be thinking, “Rolf, you’re being too hard on these people. They’re doing the best they can.”  Yeah, …NO.

Here’s a company description from another exhibitor at the same show:

“Recognized as one of the largest & most reliable service bureaus in the country, [Company] offers clients high quality/low cost tooling & manufacturing. We offer full service to assist our clients from concept through production, and have nationwide locations to serve you.”

At least it’s coherent.  This probably took the company rep who (possibly, late at night in his/her hotel room) wrote it in all of about five minutes. Maybe the rep even copied it from the company brochure. The funny thing is that lazy marketers are often the first to wonder why their budgets and customers have disappeared.

Marketing is hard work. But that isn’t an excuse for not putting in your best effort.  Or calling on professionals who know how to weave words into dollars.

While the above examples were for a tradeshow, throwing good money after bad certainly applies to other types of marketing initiatives as well, from ads to email campaigns.  As a marketing firm ourselves, we don’t treat anything we do for our clients in a ho-hum fashion…because our clients deserve to get their money’s worth.  Which is a lot more than what many companies do for themselves.  Time to stop spending good money after bad.

It’s the sizzle that sells the steak…not the cow.

by Rolf Gutknecht, Agent of Change (c) 2012

A friend of mine sent me a video by email last week that, as a marketer, I loved. It was one of those ‘old school’ videos featuring “America’s best salesman”…Elmer Wheeler, who’s message is as relevant and meaningful today as it was when he delivered in the 60’s. After watching it a number of times, and because of the subject matter, it made me think of an interesting way to look at what the brand experience is all about.

[youtube=http://www.youtube.com/watch?v=UW6HmQ1QVMw]

So here goes:

Imagine that you and your significant other decide to go to a well-known, fancy-schmancy steakhouse for a special night out dinner. Have that in your mind? Good. Now, picture another steakhouse of similar reputation. Both of the steakhouses prepare the same quality of steak but with one difference….. whereas the first restaurant makes a steak the way it’s supposed to be made (a thick clean cut, placed on the center of the plate) and presented with some tasty vegetables nicely positioned on the side and professionally put on the table, the second restaurant has a similar plate presentation but with no steak on it. Their steak gets delivered just a minute later on a hot stone tablet to your table…simmering and sizzling. The waitress presents the steak with elegance, and sprinkles some salt and pepper on top. While the aroma of the steak makes your mouth start to water and the sizzle gets your full attention, she begins to tell the story of the family who own the vineyard of the wine you selected. What a different brand experience that is! Same item, same quality, different way to engage the consumer. The difference isn’t about the steak but rather about the sizzle.

So why does the “sizzle” matter?

1. Anyone can make good steak

As we know, product or service quality is a fragile thing. No matter how many patents you have, how well you have integrated your supply chain and perfected your quality standards, no matter how much money you spend on R&D, anyone who really, really wants to go after you will eventually copy what you do or make and perhaps even perfect the product you so passionately protected.

2. The sizzle is a difficult thing to copy

Branding, brand equity and brand engagement are difficult to copy. They are strongly linked to your brand, and your brand alone. The depth of everything “surrounding” the product is complex, deep and interwoven with stories, emotions, associations, you name it…all those good things that make a brand unique!

3.      The sizzle adds the emotional layer

Back to the restaurant example: Guess what? People will come back for more. Not just for the steak, but for the feeling they get when they are IN that experience. Human beings thrive on emotions, and seek repeat of pleasure.

Now, I’m not suggesting for one minute to only focus on the sizzle. Without that good, juicy, perfectly cut and excellently cooked filet mignon steak there is no reason to add sizzle in the first place! The sizzle is the icing on the cake; without cake there is no need for the icing.

Selling the sizzle and not the steak is something good marketers have known since forever. Give your customers the meal that they desire…and they will come back for it time and time again.

Is the best-kept secret in marketing YOU?

In my day-to-day work, I speak and meet with a number of companies that are really good at what they do.  In fact, some are just outstanding at their specialty or niche. The problem is that too few people know about them. You practically need to trip over them to know that they exist.

Almost invariably, the VPs of Sales & Marketing for these companies voice their frustrations over the fact that while the company is good at doing what they do, they’ve not grown sales, nor increased their customer bases or product volumes, nor enhanced their brand visibility as their executive management team would have liked. In many ways, their companies end up becoming their respective industries’ dreaded “best kept secrets.” If this sounds painfully familiar, let me offer up a reason why this has happened and how to avoid this trap.

First, one needs to remember that there are two different sides to your business.  One is what I call “inside reality” and the other is “outside perception.” The “inside reality” are all the things your business does that makes it valuable to customers and gives you a competitive advantage in the marketplace. It’s all your skills, people, expertise, service, commitment to excellence, passion, and the way you conduct your business.

I’m sure that if you asked your customers why they bought from you, they could tell you something quantifiable, specific, and instantly obvious. They might point to specific benefits for doing business with you and say,  “That’s why I do business with you, that’s why I refer my friends to come here, that’s why I’m a loyal customer, that’s why I don’t mind paying a bit more for your products, that’s why I keep coming back.”

The problem then isn’t your “inside reality” but the “outside perception,” which is how prospects PERCEIVE your company, if they perceive it at all. Very commonly, there’s a fundamental disconnect between your inside reality and outside perception.

See, regardless of how good you are, or how good your “inside reality” is, your prospect isn’t going to be able to figure it out based on marketing that doesn’t address their outside perception.  Take, for example, a bank that offers personal service.  Their inside reality is they greet every customer by name, open the doors as each customer enters and leaves, and offer individual financial advice based on the customers’ specific banking needs.  We’ll also assume their current customers are genuinely impressed.  But the outside perception of non-customer prospects is that all banks are pretty much the same and all talk about personal service while most don’t deliver on the promise – and it’s not really that important to them anyway.  Once a bank starts from that outside perception as the basis of their marketing, the solutions become entirely different.  And so do the results.  But the bank that continues to market based on such inside realities, especially in a non-creative or expected manner, will remain invisible to prospects because they’ve seen it all before.

You have to start by seeing your marketing through the eyes of a jaded, disinterested prospect who thinks they know all there is to know about you, or at least about the business you’re in.

So while “best kept secrets” might be seen as good for restaurants, traffic shortcuts and travel destinations, they’re NOT great for business.  Don’t get lost in the noise.  Whether it’s online, offline or thru social media channels, wave your ‘marketing arms’ and let people know you’re there.  Because being in business and not promoting your value as you should is like winking at a cute girl (or guy) in the dark. You may know what you’re doing but she or he sure doesn’t.

WordPress Video Lightbox