Tag Archives: Value proposition


The Seven Deadly Sins…Of Marketing

Not too long ago, I Seven Sins2watching a series on PBS about the Seven Deadly Sins (Wrath, Pride, Envy, Greed, Sloth, Lust and Gluttony) and things started churning in my mind.  So I decided to list my “Seven Deadly Sins of Marketing,” given what I continue to see taking place within marketing and marketing departments across all different industries.

Guessing

In the Dilbert cartoon series, Dilbert says that “marketing is just liquor and guessing.” Funny…but as we know, a bit simplistic. Yet, too many companies assume that there is absolutely no need to substantiate their beliefs about the marketplace, about what their prospects want, about why their customers are buying, about what people think of their brand, about most anything having to do with those whom they want to purchase their products or services.  Generally the thinking is that no one can know the marketplace as well as the company and the market will accept whatever you offer. Guess (pun intended) how that turned out for Kodak, Borders Books, TWA, and certainly some companies in your own industry!  Ask yourself, when was the last time that your company committed the time and resources to do some marketing research…qualitative, quantitative, ethnographic, etc.  And do it right.

Marketing by Committee (Indecisiveness)

I’m not sure why, but when it comes to marketing, everyone seems to have a say. Partners, staff, associates, spouses, and the janitor all want to give their two-cents. How about an accounting committee to help figure out where the credits and debits are posted? Or an office supply committee to pick out the colors of pens you order? Many executives forget that great marketing is not about what they like. Great marketing is about what works.

Committees, by nature, are full of compromises so solutions are usually watered down versions that will wind up doing little or nothing to accomplish your growth goals. Marketing by committee leads to lots of bad ideas and poorly thought out plans. Instead of bold strokes from the marketing brush, you get a sea of beige. And then it doesn’t work. Who would have thunk it! The solution is to decide on objectives and budget, and then write a marketing plan. Once the plan is approved, ONE person gets appointed within the organization to take on the role as “the decider.”  Empower him or her to make all the courageous decisions required to position your company to dominate your category.

Inconsistency

When different aspects of your marketing messages don’t reinforce each other, the inconsistencies alienate prospects and current customers. Inconsistent marketing distorts clear expectations, makes potential customers unsure of the characteristics of your products and creates unhappy customers who don’t get what they expect. These inconsistencies affect businesses by reducing both initial sales to consumers as well as repeat sales from dissatisfied customers. Also, be consistent with your marketing plan. Don’t stop running an ad, for instance, just because the first insertion didn’t ring your phone off the hook. Give your campaign time to work, but you also need to know when a change in direction is a good idea. Remember, people are not paying that much attention to you, but when they do, it helps if the message you’re saying now is similar to the message that they heard the last time.

Complacency

It’s out there right now. Lurking in the shadows of your success. It is the silent business killer that strikes without warning and can bring even the biggest and the brightest companies to their knees. What is this hidden terror? Complacency.  We all know it better as the dreaded “status-quo.” It generally takes the form of “whatever we did last year.” Except, things change. Your competitors are changing things up. Your customer’s needs are changing. The marketplace is changing.  A few things to avoid complacency: Keep looking in your rearview mirror to see what your competitors are doing. Listen to new ideas as the next big idea may not come out of your own mouth. And, strive to always do better even before you are forced to react to a competitor’s challenge.

Lack of Focus

Okay, so after reading articles by “experts” about how you should have a customer engagement program in place (so you can be more “customer-centric”), you’ve put your company on LinkedIn, YouTube, Facebook, Twitter, Google+, and Pinterest. Heck, you’re even ready to go when the next big social media platform launches. You’ve got your product literature online, and your Web site has a blog and videos. Not to mention all the offline activities ranging from tradeshow activities to advertising to PR, etc. But why did you believe you needed to be in ALL of these social media locations in the first place, and, just as importantly, who is making sure that all of these activities work together?

Narcissism
It’s ridiculous that I have to say this but the memo has not reached the desk of many marketers, so here goes: “It’s not about what your company wants to say but rather about what the customer wants to hear.” (I feel better having said it.) Look, if you want to market based on your personal preferences without regard for what works best with your prospects, that’s your prerogative.  But I’d suggest that your company’s marketing not be so self-absorbed. Remember, you don’t buy from you, others buy from you and they don’t care about your business and your troubles nearly as much as you do. Most people are tuned into Radio Station W.I.I.F.M. —“What’s In It For Me!” If your marketing message is all about you, then your customers won’t notice what you’re saying.  Please begin to “tune” into your customers, find out what they really want and focus your message on them.

Confusion

Maybe, just maybe, the deadliest marketing sin of all is not having one over-arching marketing strategy – and insuring its implementation through all your tactics.  Executing marketing tactics without having a well-developed integrated strategy is like leaving your roadmap tools at home and taking off on the drive without considering if you’ve chosen the right road. You wouldn’t haphazardly set off on an important trip in your car so why let it happen with regard to your company’s marketing activities. It’s easy to start with the “how” but if you haven’t identified the “what,” you may find yourself spending a lot of time executing tactics that don’t take you where you want to go and in so doing, you’ll be wasting time, resources and losing out on sales-producing opportunities. What is needed is one single integrated strategy that looks across all delivery platforms whether online or offline, print, broadcast, or mobile. Your customers don’t have an online self and offline self and neither should you. Think holistically about all your marketing initiatives.

Yes, there are more Deadly Sins that I could have talked about, like trying to be a “do-it-yourselfer,” or not measuring your activities, or saving yourself into bankruptcy, but the above are the Seven Marketing Sins I rank topmost.  Now, let us all go out and to the best of our ability, sin no more.

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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 Shouldn’t You Seek Fulfillment

Guru smFulfillment isn’t always what it’s cracked up to be, especially in business.  Consider a conversation I had today with one of our media reps that revealed why so many B2B ads aren’t just bland but simply bad.  This was in response to why an ad appeared in their publication quite differently from what the advertiser expected.  (We didn’t do this ad, so we’re off the hook!)  When we asked the rep why the ad didn’t fit the space properly, and why the publication didn’t contact the advertiser to discuss the problem, the answer was they’re so used to getting poorly-designed ads, they’ve just come to accept what they’re sent without question.

How shocking this answer was to us!  And yet, it so perfectly identifies the state of things, not just within one specific industry but across many of the industries in which we work.

The real problem is that in the last several decades, the role of marketing has been relegated to fulfilling.  In other words, it seems the task these days is to “get the ad into the pub,” and not worry about whether the ad is great and shifts the attention of the audience.  Advertisements, websites, collateral and all other marketing communications are less effective today it seems because they’re just space-fillers.  The media plan says they have to be there.  So the result is lots of media space or air time taken up with ad messages that aren’t merely forgettable but are also not produced or placed that well.

So it’s time for anyone who is responsible for advertising and marketing to look in the mirror and ask, “Am I a fulfiller or a marketer?  Is marketing a task to be checked off on my list of the day’s activities or do I delight in the prospect of arriving at a plan so smart and unexpected, it makes me giggle?”  Fulfillment is great in the abstract, but a killer in business.

I’ve often said that marketing is a self-fulfilling prophesy:  if you believe it works, you’ll invest yourself and your resources into it fully and – Voilà!- it works; or if you doubt its effectiveness, you’ll put in the minimal efforts (in other words, simply fulfill the order) without great enthusiasm and you’ll also be proven right.

Every piece of communication from your desktop is an opportunity to invigorate sales and renew a conversation with your customer…if you believe it will.

It means, in some cases, looking at the internal team who are engaged in your marketing.  Are they people who majored in advertising and marketing in school, and are they still “students” of it today?  Or did they move across from the HR or accounting department because nobody else wanted the job?  Are they fully invested employing great marketing to grow your operation, or are they also juggling bookkeeping, sales, IT and family services all at the same time?  Are you taking full advantage of outside resources who aren’t just design shops and web programmers but genuine marketing specialists, who will challenge and surprise you and are willing to own up to the results?

In other words, at the bottom line, is marketing a joy…or is it a job?

Think carefully about how you answer this.  Because your company’s success hangs in the balance.

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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.

Which half of your advertising is wasted? The definitive answer.

Wide horizontal double tearRetail pioneer John Wanamaker was famously quoted “Half the money I spend on advertising is wasted; the trouble is I don’t know which half.”  It’s the dilemma of marketers whether they’re in retail or manufacturing, whether they’re spending tens of million dollars a year on marketing or just ten thousand.

As catchy as the quote may be, it’s not really that difficult to parse the answer.  After all, there are only two fundamental components to advertising: what you have to say and where (or to whom) you say it.  The half most advertisers spend the bulk of their money on is the “where,” which really means the media.  So when the advertising results in a resounding thud, all that expensive media gets the blame.  I can’t tell you how many times I hear a new client tell us “I’ve run in radio and it doesn’t work” or “We don’t use billboards, that’s a waste of money.”

Gentle readers, here’s the simple truth: if the message is not compelling, you can quadruple your advertising spend and still get dismal results.

Let’s put it in human terms.  The guy who’s popular at a big party will be popular at a small party. The guy who’s a bore at black tie gala will put people to sleep standing at a car wash.  So, in short, it’s primarily all in the messaging.  What you choose to do at this juncture is what will affect everything that follows.  So here are some ways to think about making both halves of your advertising dollars work for you:

  • Start with a powerful strategically-based marketing message.  This is the very foundation of your entire marketing effort.  If this is faulty, nothing will stand on it.  Make sure you have a point of view that is completely unique to your firm alone, that your competitors aren’t also saying.  Be sure it’s a compelling message that would motivate someone who is already leaning toward the competition. Merely showing your group photo or facilities, using a pun for its own sake or relying on clichés are non-starters as far as marketing messages go.
  • How you say it is nearly as important as what you say. Invest in exceptional creative execution.  Your compelling message still needs to stop people in their tracks before it can do its job. I’ve long said that “Creative” exists as the most effective delivery vehicle for the message. Use the very best talent you can afford both in wordsmithing as well as in design.  Here’s the nexus where you’ll either be wasting your ad budget or making it soar. Many advertisers will spend next to nil for the ad’s creation (getting what they paid for), only to blow tens of thousands of dollars on the media to get a lot of people to ignore their ignorable ad.
  • Have patience.  Even great ads don’t work instantly.  Your audience isn’t waiting for your ad to appear.  But great advertising is highly erosive, wearing down the indifference so that when the right moment comes – or your salesman calls – the audience is ready to buy.  Nearly everybody remembers the brilliant Apple campaign, “Hello, I’m a Mac. I’m a PC.”  But the ads still had to run some length of time before people not only remembered the spots but acted on them as well.
  • Make certain that the entirety of your marketing is in step.  If your ads are cutting-edge but your website is still an antique, or if you’re not fulfilling the ads’ promise on all other fronts, you can’t expect optimum results.  Advertising is synergistic.  And cumulative.

So, in essence, getting your money’s worth starts at the very beginning, not at the end.  Putting the bulk of your focus on messaging, rather than media, will be much more rewarding.  Oh, and while we’re at it, D-I-Y is pervasive – but hardly ever persuasive! 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.

Also, don’t substitute hard-core strategic homework for a clever headline. And don’t think that the media selection is wrong when the creative you’re placing in it is what’s sending your audience running in the wrong direction.  (I’ve seen humble bus benches create insanely great response when used creatively.)

There.  Now you know which half of your advertising needs more of your love.

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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.

 

Five “Pins” to More Successful Marketing

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! Beautiful Day

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.

Shiney

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.

Crazy PeopleWhen 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.

Middle of the Road

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.

Ben and Jerrys

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.

And now a word from your seductress

come-hither-hand-pfDo you like when people pay attention to what you have to say? When they laugh at your jokes, looking deeply into your eyes and seemingly hanging on your every word? Well then, you’re someone who likes to be seduced.

On the other hand, do you like it when people spend all their time yakking about themselves? How about when they name drop, brag about their abilities or whom they’ve been hanging with lately?  Do you like it when you’re obviously taking part in an one-way conversation?

If you answered, no, like most people, you’re not looking to be sold. And I’m guessing you don’t care for what largely passes as advertising from companies who should know better these days. So why do we marketers/advertisers continue to produce something we don’t personally care for as people and that we logically know isn’t going to effectively do the job?

Here’s where I pan out on that subject.

I think the large majority of advertisers do it because telling people all about their company and what they consider “selling” is easy. They think that people actually want to hear about the stuff that constitutes a one-way conversation.  But seduction, well, that’s hard. And some marketers just don’t want to put in the extra effort.  It requires time, patience, skill and a willingness to give before you get. Let’s talk about each one of these for just a bit.

Time is arguably the single most precious commodity in our lives today. We don’t have enough of it and the pressure to do more, faster and with less is the new normal and it isn’t going away.  We live in a “has to be done yesterday” quarterly earning kind of world.  That means Corporate America is entirely focused on hitting the earnings numbers, budget numbers or sales goals.   And when companies and brand managers don’t see that line moving in the upward trajectory they want, they press down on the sales pedal just a little harder and churn out more ads – usually containing some kind of special offer or limited-time-only promotion – anything to sell consumers on the idea that they need our “best in class/state-of-the-art/revolutionary/etc.” products or services…and they need to buy it TODAY.

Which leads us to…patience.  The best seductress is patient.  She can sit unassumingly for hours softly indicating her interest.  Maybe it’s is a fleeting glance that she knows catches your eye or gentle brush as she passes by you. With each step in the seduction she becomes bolder, more noticeable but at no time does she race to the finish line.  No, the seductress is much smarter than that because she’s not playing for a one-night stand. She’s not thinking in a “lustful” transactional manner. She’s thinking long-term.  She wants you to want to do something—a deal, a partnership or just a transaction (but it will be the first of many). To do that she’s got to really get you.  She’s not looking to sell but rather have you aching to buy. And that, my friend, takes patience, a good bit of time, and of course, some serious marketing skills.

And speak of skills, take a moment and think about your friends, partners, clients and yes, romantic interests (today and in the past) and ask yourself how many true seductresses you know.  How many of your inner circle can truly seduce and persuade? I’m going to guess that the number is pretty small and if you focus your thoughts on that small but select group, I’m guessing you’ll find one common trait amongst them. They are truly interested in others.  They don’t feign interest. They are truly motivated by learning about others and using that learning to build long-lasting, mutually beneficial relationships.

And finally, seduction requires the seducer to give before they get.  For any seduction to work, the seducee must feel special.  What that  looks like can range from privileged information or insight to an offer no one else is getting to.  It’s that feeling that often pushes their ego to override logic and entice them to enter into transactions, deals and partnerships they otherwise might shy away from or ignore altogether. People want to see that you’re bringing something of value to their lives and that you’re making their lives better…not selling them something.

At the end of the day, you, your friends, your family members, your customers…no one is looking to get sold to. Instead, try being a bit less about you and more about the customer.  It could be then that they’ll show you the love you’re looking for.

Here’s to the Crazy Ones

Jobs bigWhile 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.

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.

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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.

Looking Back to the Future

“Life can only be understood backwards; but it must be lived forwards.”  – Soren Kierkegaard

looking backThe 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:

  • What marketing activities worked for you and which ones didn’t in 2013?
  • What 2 or 3 trends did you notice took place in your industry and outside of it that you need to incorporate into 2014 activities?
  • What 5 pieces of really good customer feedback did you receive this past year that you need to take deliberate action on?
  • Is there one part of your marketing activities that if it got more attention could yield better results?
  • What are the 2 mission-critical initiatives that absolutely need to be accomplished by June 30th 2014?
  • How did your marketing (from strategy to execution) match up with your competitors?  Was it “beige”- boring or was it “full of color”- impactful?
  • What are the top 3-5 problem areas that could impact your bottom line or stunt the growth of your brand if you don’t tackle them now?
  • What are the 3-5 opportunities that could grow your bottom line, brand visibility and preference?
  • What do you produce, offer or do that excites your audience and makes them think “Wow!”

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.

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.”

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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.

 

Your Business Needs a Good SWOT in the Pants.

SWOT ArtAs 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.

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