The ABCs of Marketing

Jan 31
2010

Business and marketing always love acronyms. It’s the reason we have 3Ms, IBMs as brand names not to mention ROIs and KPIs in strategy discussions.*  Sometimes the names are used to mask an original identity, allowing a brand to move into a new era with a new persona. Other times acronyms are used as field jargon to make the presenter appear brilliant and in-the-know.  Other times, and less surreptitiously, the acronyms are just a quick shorthand for fast communications particularly in an increasing digital world limited by character counts. OMG, LOL!

Another use of acronyms is to help people remember things, particularly students studying for tests.  For middle schoolers trying to name the Great Lakes for a social studies test, the acronym HOMES helps them recall Huron, Ontario, Michigan, Erie and Superior. Not all acronyms work for everyone, but one acronym does suffice for all marketing endeavors.  It takes you back to basics on the ABCs of Marketing – for Always Be Communicating.

There are great debates in the marketing world about what media to use when, and the value return of a broadcast spot on The Daily Show versus a Tweet on Twitter. With aplogies to Marshall McLuhan, the ABCs of marketing remind us that the medium is not the message. The message is the message  and whatever medium allows you to communicate consistently to the right audience is the right medium for you.

If the cost-effectiveness of a blog allows you to communicate more than a broadcast commercial, then a blog is your better bet.  In contrast, if you don’t have the wherewithal to blog and do have the funds to produce a broadcast spot and air it consistently, then the spot hits the spot for your needs.

Marketing plans by definition admit that there is no one solution for everyone, which is why plans need to be carefully crafted based on time, budget, resources, needs, mission and skill sets. But any plan that doesn’t account for the ABCs and gives you great one-time hits, is not a marketing plan at all.  If you are not communicating, you are not marketing.  It’s as basic as it gets; as basic as the ABCs.

*For those who don’t remember or are intimidated by jargon:
3M originally stood for Minnesota Mining and Manufacturing Company
IBM was International Business Machines
ROI is Return on Investment
KPI is Key Performance Indicator

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Marketing’s Number One Lesson

Dec 06
2009

Q: What do marketing people and therapists have in common?

A: They both deal with insecurities.

Q: Is marketing a discipline that belongs in a business school, communications school, or in the school of social sciences?

A: Yes.

—————–

In his book In Search of the Obvious: The Antidote for Today’s Marketing Mess,” marketing guru Jack Trout states the obvious: “…the human mind tends to be insecure when it comes to purchasing things.” The role of marketing, he argues, is simply to make people feel more secure with a purchasing decision.  It’s also the reason, Trout notes, that a leadership is so important and should be utilized whenever possible in a marketing campaign.

In psychology, he states, it’s called the “herd mentality.” The consumer assumes that others know better and are willing to lessen their psychological risk by following others in the marketplace. If a brand is number one, it must be number one for a reason.

Ironically, many company CEOs, CMOs and Communications VPs get humble when they hold a leadership position. From watching too many Greek Tragedies, they fear corporate Hubris and being toppled from the mountaintop should their position be discovered.

Odd, isn’t it?  Marketing is about helping a company be discovered and differentiating itself in the marketplace to make a consumer’s choice fsst, easy and obvious. Nevertheless, Trout has example after example of companies who go quiet when they are, in fact, number one in their profession.

I’m facing a similar challenge with a current client, who is clearly number one in its field.  Others, with a longer history with the account, emphatically state that the client will not admit in public that they are number one in their industry. They will say the are an industry leader, have the largest network, and make many other claims that imply number one, but will not use the term. “We’re number one!”

In the recent movie Whip It, starring Drew Barrymore, the featured roller derby team consistently comes in Number Two.  They even take up the chant, “We’re number two,” after every game. Roller Derby becomes about “attitude” as is “marketing.”  I won’t tell you the end of the movie. It isn’t a formula and may not be what you expect.

Here’s an interesting fact: Roller Derby is one of three major league sports invented in the U.S.  If you count marketing as a major league sport, perhaps it’s one of four.  However, it’s no secret that there are tons of sports analogies used in business. Perhaps it’s time, we stole a few from Roller Derby.  Attitude Matters and it’s not about just going around in circles.  The goal is to come in first.

Here’s a takeaway from yet another sport – horse racing – not invented in the U.S. You can be a leader and not be number one. You can be a leader in a Win, Place or Show position. You can only be number one in the Winner’s Circle.

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Barista Brochures: Five lessons from Starbucks

Oct 18
2009

Starbucks Five Ways of Being are a roadmap for
creating a great brochure in addition to a great coffee experience.

This week on The Blogger’s Bulletin, I wrote a piece on why the Starbucks Five Ways of Being are appropriate advice for bloggers. Here, I’m continuing the analogy with how we can take tips from our local baristas and learn how to improve our brochures and marketing material.  There’s more than coffee that you can take away from a Starbucks encounter.

In The Starbucks Experience (2007), author Joseph Michelli reviews what has made Starbucks not just a new productstarbuckslogo or service, but part of our current cultural experience. Starbucks has had some trips since then, but likely its strong corporate credos have allowed it to be flexible in better responding to market changes. At Starbucks, they are called the “Five Ways of Being.”

  • Be welcoming
  • Be genuine
  • Be considerate
  • Be knowledgeable
  • Be involved

It’s a great map for great marketing, particularly a brochure.  Here’s how:

  • Welcoming – I recently saw a brochure where the first page was solid type.  It wasn’t a letter or designed as part of the brochure.  It was intimidating to read, heavy on the eyes and not welcoming to the brochure. It made you want to close the piece rather than dig deeper — kind of like a huge Victorian novel with tiny type.  You likely won’t approach it unless it’s assigned reading. Make sure your opening brochure material is just that – open with welcoming content enticing your reader to enter and linger awhile.
  • Genuine – Don’t use flamboyant language, make promises you can’t keep, or statements that don’t ring true. Advertising and marketing materials already have a bad rap for puffery.  Not everyone is the best, brightest, cheapest, highest quality.  The trick to real marketing is being real and finding your true unique selling proposition. If you don’t know it, don’t spend money on puff pieces.  The reader can see right through it.
  • Considerate – Be conscious of your customers concerns and address those rather than your ego.  No one likes meeting people at parties who just talk about themselves and yet we think marketing is a business resume letting the reader in on all the wonderful things they need to know about us.  It’s not.  Marketing is your introduction. Tell the customer a little about yourself and a lot about themselves.  If they self-identify, they’ll know you’re the right match for them.
  • Knowledgeable – Give some information away for free. You’ve already paid to send people the brochure, so give them some value. Read Chris Anderson’s Free, or link to my post about him and think about what you can already provide for free to give prospects a taste of what you have to offer.  Consider Anderson’s Jello example, where free recipes entices people to want to buy Jello as an ingredient.
  • Involved – Show how you are up-to-date and involved with your area of expertise.  Is it a passion?  Why would we know?  Bring us into your story and show us how you evolved and are involved.  People like to work with people they feel they want to know.  Get involved with your customers and give them a behind the scenes look into who and what you are.

There they are – the five ways of being and how you can use them in your next brochure. So before you start your next marketing endeavor, slow down, get a cup of coffee and ponder how you want your brochure to come into being.

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Make Your Business One for Dummies

Jul 23
2009

Is Marketing for Dummies?  I think not even though there is a book by that name.  Tom  Marin, A Reed Business writer for Converting Magazine, started the conversation and it got me thinking.  Marketing is for smart people who understand the need to reach out to customers, understand the market and provide the right mix of business services to be warrant market attention.

I’m not embarrassed to admit that I love “for Dummies” books and have several in my library including one on marketing. Friends made fun of me when I bought the marketing title some time back, but I purchased it for a few reasons:

1. I wanted to see what the Dummies series felt was required in a basic marketing text. I’m sorry to say that it still talks about the 5Ps of marketing — Product, Price, Place, Promotion and People — even though these are no longer valid and generally muddy the marketing discussion into an academic exercise.  Modern marketing talks more about 3 Ps and 5 C’s (but that’s another post entirely).

2. I believe marketing basics remain the same even though we’re in a new Internet world. The basics?  I have to repeat my sentence above — understand the need to reach out to customers, understand the market and provide the right mix of business services to be warrant market attention.

3. There are more than one Marketing for Dummies books including one on Small Business Marketing. Not surprisingly, it is more practical than the more generic Marketing text.  Chapters are devoted to why marketing and sales are not synonymous and the dollar and staffing differences inherent in small business marketing.

4. No one, particularly field experts, should ever think they “know it all.”  Hopefully, an expert is the first to realize that a field is always changing. There’s always something new to learn. When I bought the Dummies book I wanted to check myself.  Was there something in the book I needed to brush up on?  I’m happy to report that the book was very basic and didn’t really have anything of value in it for me — but if you’re a business person and not a marketing person, I can still recommend it.  It’s a great way to get started, and in marketing — it’s important to get started rather than sit still.

Nevertheless, as a marketing person, there is much to learn from the Dummies books. In a nutshell:

A. Branding. When you see a black and yellow cover you know you’re getting a Dummies book.

B. Branding. When you get  Dummies book you know what to expect — basic information to get you started down a specific task be it knitting, web site development, or even writing a marketing plan.

C. Branding. When you fork over your $25 +/- on the cover price, you know you’ll get help in simple English that won’t talk down to you.  You may need professional help over and above the book, but the book gives you the lingo to start to talk to the pros with confidence. It’s a basic roadmap to get you in gear down your latest road of engagement.

Here’s an idea to consider: What if you constructed your business as a business for Dummies?

  • How would you build customer confidence?
  • What could you do to make customers feel comfortable working with you when they are still low on the learning curve?

That’s smart marketing!

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