Don’t be these guys. It’s not good for you nor the people that are trying to help you (internal staff team or outside agency).
courtesy: gapingvoid
technorati tags > marketing, advertising, product, superbowl, commercial, TV
b2b marketing & sales thoughts by nick rice
Don’t be these guys. It’s not good for you nor the people that are trying to help you (internal staff team or outside agency).
courtesy: gapingvoid
technorati tags > marketing, advertising, product, superbowl, commercial, TV
Interesting post on brainstorming.
Here are a few things to keep in mind during your next group brainstorming session:
technorati tags > brainstorming, idea, creativity, session, whiteboard, meeting, fresh approach, office politics
In light of the previous post discussing CMO short tenures. From CMO magazine…
10. Defining the essence of the brand is something a CMO can’t delegate. Our opening speaker, Charlotte Beers, former under secretary of state for public diplomacy and public affairs, spoke eloquently about the importance of brand and the CMO’s role in nurturing it.
9. In uncertain times, people look for touchstones of trust. But trust cannot be bought; it must be earned. Dean Barrett, senior VP of global marketing for McDonald’s, offered that McNugget in the context of the company’s efforts to redefine its global brand.
8. The “CEO’s CMO” has three primary traits: Know the value chain; be a disruptive innovator; and speak the CEO’s language. Carter Cast, president of Wal-Mart’s online business, explained that these qualities help set the great CMOs apart from the simply good ones.
7. The CMO also must be conversant in the language of IT. This call to action came from a speaker who oversees both marketing and IT: Tom O’Toole, Global Hyatt’s senior VP of strategy and systems. As the distinctions between the two functions become increasingly arbitrary, O’Toole reasoned, it’s critical that the CMO understand basic technology concepts.
6. But don’t let technology drive your marketing programs. Both O’Toole and a panel that discussed emerging technology cautioned attendees that CMOs must use technology as an enabler, not as a solution to an ill-defined problem.
5. Do things before the bureaucracy inside your company kills them. Steve Hayden, the vice chairman of Ogilvy & Mather Worldwide, provided this bit of agency wisdom during a case study with Silvia Lagnado, Dove’s global brand director, on the Dove “Real Beauty” campaign. There was plenty of early resistance inside Unilever about the initiative, but the proponents pushed on, and the campaign was a rousing success.
4. Focus inside the box. To build a robust marketing organization, CMOs must invest in internal functions such as marketing operations and performance measurement, according to Rich Vancil, vice president of IDC’s CMO Advisory Research service. Vancil was referring specifically to high-tech companies, but his message applies across all sectors.
3. Everything communicates—and everyone contributes to the success of a brand. Everyone in a company needs to be immersed in the brand message you’re trying to convey. The need to believe in brand message so they can convey it naturally and effectively.
2. Innovation is a creative process that must involve all business units to be successful. Diane Gulyas, DuPont’s chief marketing and sales officer, spoke in her closing keynote on the role that marketing and other functions play in this B2B giant’s steady stream of innovation. Such creativity, she added, requires structure.
1. It’s not what you say, it’s what your customers hear. Beers set the tone for the conference with this comment during her opening keynote. A simple message, but one that CMOs often forget.
technorati tags > CMO, Top 10, marketing, VP, executive, business, branding
It’s all too common for businesses to focus on their products or services instead of their customers. Here is a sample from Simon:
“Apple’s iPod marketing serves as a good example. Apple states simply, “10,000 songs in your pocket.” The message is all about the consumer’s life or lifestyle. It’s a very different message than “20 gigabyte mp3 player” which is a description of the product. Even if 20 GB is a good thing or 30 GB or 40GB, who cares if a consumer can’t easily relate to and integrate it into their lives.”
Most manufacturers focus on the wrong thing – your feature versus the consumer benefits or wants. You can include the technical features; just don’t lead with them. Find those eight words, the hook, that resonate with your audience. The words that make them stop and pay attention. Talk about them, not about you.
Thought I’d pass on a solid report from McKinsey. It’s from 2005, but it’s still valuable content – like most of their material.
The gist of it is not resigning yourself to price cuts when your customers demand more. The more you collaborate on solving their true problems, the less price is an issue.
Your product/service may only be one puzzle piece to solving their real business issue. Go the extra step, help your customer solve the entire problem and you’ll see real success. This doesn’t mean that you need to know all of the answers; just honestly try to help them find the appropriate solutions that are complimentary to your offering (assuming that your offering is the right solution as well).
Negotiation is part of any sales/buying process but you do not want to be known as the low price option. Price is rarely a true barrier to purchase – unless they truly do not have the money, then I would contend that your targeting was off.
It’s hard to grow profitably if you’re not collaborating w/ your customers.
technorati tags > strategic, selling, b2b, mckinsey, commodity, price, services, pricing, value
David Armano talks about the iMedia Integrated Marketing How To Guide on the struggles of aligning multiple marketing projects across multiple channels. The key take away is that while it’s difficult to maintain consistency, the companies that do will benefit from a unified message that is easily understood by consumers no matter how or where they decide to listen.
Your audience is too busy to expect a huge ROI from a one touch campaign. And they’re too busy to put together the pieces from disparate multi-touch campaigns themselves. They really don’t care about your products or services until you convince them that you can make their life/business issues go away.
You really have to push your unique value prop out across a lot of different marketing vehicles (consistently of course) so that it’s easily digested by your audience when they’re ready. It’s a waste of time & money to put all of your marketing/branding eggs in one basket.
A little more technical than my typical post, but this is a great article on proper coding for email marketing.
Email is still a valuable marketing tool. Is it abused? Sure, but if you send information that your audience truly values, you’ll be in great shape. It’s a great way to keep prospects warm and current customers in the loop. Not to mention it’s one of the few marketing tools that prospects & customers can forward to their colleagues and friends without you having to do anything. Referrals are the true test of your value to them.
Tom Peters has a great little post on the longevity of CMOs. More than 50% of the CMOs surveyed by Advertising Age have been in the job for less than a year.
Here’s a quote from AdAge, “the job of CMO has become one of highest-stressed, shortest-tenured in American industry.”
Here are some of the comments from Tom’s blog:
My two cents; most good CMOs are change agents. They tire quickly in maintenance mode. Unfortunately, ~2 years is not long enough to ensure that his/her changes will be effective (you need at least four to see significant repeatable consumer/organization change). And that’s good and bad. Good for the individual because they leave for a better paying gig before they can truly be measured; bad for the employees and shareholders because if successful it may be a flash in the pan without the right team to keep up the forward momentum and bad because the business has invested a lot of time and money in someone that has put them further behind. This is why a lot of CEOs do not respect career marketers or invest in discipline of marketing.
The good folks at the Small Agency Diary have a new post on choosing the wrong client. I thought I’d flip it around and talk a little about choosing the right agency/design firm.
You flip open the latest issue of AdAge or the Yellow pages and see a list of agencies so long your eyes cross. Some you may have heard of but most you have not. Some look like legal firms (partner + partner + partner + partner & assoc) and some look a little funny (watermelon toad, autonomy, or similar). All of their websites look similar (client list, portfolio, why we’re different – which doesn’t look that different after all). How do you pick?
Here are the highlights – in no particular order…
To keep your name in front of your target audience? Yes, but that’s really about long-term branding not revenue or ROI.
To support the effort of your sales team? Sure, that’s important but they typically are just looking for another excuse to call the customer. A new white paper, brochure, or sales tool is a great reason to reach out.
How about differentiating yourself from your competition? Interesting, but Marketing Communication (marcom) is simply the vehicle for talking about your true differentiations like consumer benefits, unique business model, industry leading features, etc…
I believe it’s really about changing behavior.
It’s easy to make money off of run-rate business – typically you don’t have to work very hard to keep it flowing. The real challenge is getting a brand new customer to buy. Becoming a preference in his or her eyes – now that’s a big deal (a long term, strategic, profitable big deal).
Marcom is the art & science of combining your value to the audience, your unique elements, and a reason to act NOW. I believe that a “call to action” is a critial component of any marketing communications effort. It could be as simple as a unique URL to visit to or some type of bundled promotion, but you need something to keep a new customer moving towards a purchase.
Marketing communications is about creating a bread trail for your audience to follow. Get them hooked, keeping feeding them value, and they will buy.