Consumers pay attention to where your ads live and who their neighbors are!

June 13, 2017

The Chief Marketing Officer (CMO) Council came out with a new study that we all need to be aware of as we place our digital ad buys.

Nearly half of all consumers indicate they would rethink purchasing from brands or would boycott products if they encountered brand ads alongside digital content that offends them, reveals a new study on “How Brands Annoy Fans.”

Aimed at assessing the impact of digital advertising experiences on consumer perceptions and purchase intent, the research looked at digital brand safety from the consumer’s perspective and found that consumers are punishing even preferred brands if they don’t use trusted media platforms or take active steps to control the integrity of their ad environments.
Conducted by the Chief Marketing Officer (CMO) Council using the Pollfish platform, the survey gathered views from 2,000 adult consumers in North America and the U.K., both regions which have both seen high-profile brand campaigns withdrawn this year for their association with fake, distressing and hateful content. The consumer poll is part of a broader study of digital brand safety being conducted by the CMO Council, in partnership with Dow Jones, entitled “Brand Protection From Digital Content Infection.”

With trust more critical than ever, respondents made it clear that they will no longer give their brands a pass for even inadvertent display of ads near objectionable digital and video content. A full two-thirds of respondents said they would hold a dimmer view of brands that provided negative advertising experiences.

The report also found that social media platforms are still not trusted content spaces. Despite listing social media as the source of the second-highest volume of ad messages they receive—behind only television—consumers ranked social media last among their five most trusted channels. They ranked friends, TV, search engines and newspapers as more trusted sources.

A large majority of consumers said they responded differently to the same ad, depending on its context, with 63 percent saying they responded more positively to ads run in trusted media channels. Consumers are, in fact, turning to trusted content providers and media to escape objectionable content. Some 60 percent said offensive context has already caused them to consume more content from trusted, well-known news sources and established media channels.

“CMOs and brand advertisers are increasingly concerned about various aspects of digital and programmatic advertising, including concerns about their ads showing up next to offensive content,” said Donovan Neale-May, Executive Director of the CMO Council. “This consumer survey demonstrates that those concerns are well founded. Advertising placed next to objectionable content is damaging to a brand while ads that accompany more trusted content and media are more accepted.”

While other brand safety studies have explored adverse brand perceptions, the CMO Council research asked consumers about their response to the experience of finding brand ads in proximity to objectionable content or fake news sites—and their warning to advertisers was brutal. Some 37 percent of consumers said it would change the way they think of a brand when making a decision to buy. Another 11 percent said they would flat-out not do business with that brand. Another 9 percent said they would become vocal critics of the brand.

Another consumer response is the increased use of ad blockers. In another alarming finding for digital marketers, more than 50 percent of respondents said they either already had or planned to install some form of ad-blocking software to their mobile devices or PC browsers.

Negative experiences with digital display advertising are far from a rarity. According to the most recent “Media Quality Report” by Integral Ad Science (AIS), up to 8.6 percent of digital display ads in the U.S. were flagged as posing a moderate or high risk to brand reputation. Maria Pousa, CMO for IAS, told the CMO Council that the most prevalent categories of risk in the U.S. were violent, adult or offensive language content, followed by issues like hate speech and illegal downloads.

Other key insights from the CMO Council survey include:

  • A surprising 86 percent of consumers are either extremely concerned, very concerned or moderately worried about how easily they are directed or redirected to hateful or offensive content.
  • The most annoying digital advertising formats, even when appearing on trusted media channels, were intrusive pop-up ads (22 percent) and auto-playing video ads (17 percent).
  • Attention to digital advertising overall was notably low, with only 14 percent always engaged and 58 percent saying they pay attention only when ads either interest them or are really interesting.
  • Just over 40 percent of consumers have already installed ad-blocking software on their devices while another 14 percent said they planned to add these features.

Neale-May said the full report, featuring qualitative interviews and vendor insights, would include key details on the steps, tools and strategies adopted by leading advertisers and CMOs who have minimized the threat to their brands. The abbreviated consumer survey findings can be sourced from the CMO Council at https://www.cmocouncil.org/digitalad-consumer-report.

About the CMO Council

The Chief Marketing Officer (CMO) Council is dedicated to high-level knowledge exchange, thought leadership, and personal relationship building among senior corporate marketing leaders and brand decision-makers across a wide range of global industries. The CMO Council’s 12,500-plus members control more than $500 billion in aggregated annual marketing expenditures and run complex, distributed marketing and sales operations worldwide. In total, the CMO Council and its strategic interest communities include more than 30,000 global executives in more than 110 countries covering multiple industries, segments and markets.

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Making content part of your marketing mix

June 6, 2017

ContentPick up any business magazine, read a marketing blog or attend a conference and you’re going to get the message that you must have a content strategy.  Truth be told – this is nothing new. There’s always been a marketing strategy that emphasized the production of helpful tools/information that taught prospects something of value to earn their trust and a thought leadership position.

What is “new” today is that every company has the capacity to be a publisher and information portal via their own website, blog, social networking pages etc. It used to be difficult and expensive to do and today, it’s neither.

In fact, most companies already have the distribution channels (Facebook page, Twitter account, website, e-newsletter, etc.) in place.  They just do a lousy job of using the tools at hand. For most businesses, these channels don’t get very much attention and they either languish from lack of relevant content or even worse, they become a brag book for their own accomplishments, awards, clients won, etc.  They’re either dormant or so narcissistic that no one pays any attention and really, who can blame them?

Before you can determine what kind of team or structure you’d need internally, you need to decide if you should even be creating content (my bias is yes, but it’s still a discussion that needs to be held) and if so – why?  What are the business outcomes that are driving the decision?  When done well, content marketing can drive qualified leads, shorten the sales cycle, generate new and repeat sales, reinforce a current client’s buying decision and create PR opportunities, just to name a few outcomes.

Once you’re clear about what you’re trying to accomplish, you need to identify your audience for this effort.

To get that answer, you need to look to your company’s personas and if you don’t have any – create them. Personas are a powerful tool that helps drive every aspect of a marketing effort, from tone of voice to media to message.

When it comes to creating content with the goal of attracting your best prospects – it only stands to reason that you’d want a very detailed picture of who those prospects are.  One of the reasons most companies blather on about themselves on their blog or social networks is because they have no idea who they’re talking to. Once they get their personas very clear in their minds – planning the content becomes simple. And it’s rarely narcissistic again.

Now that you’ve identified why you’re implementing a content marketing program and who you’re targeting, the next step is to build your hub or the center of all of your efforts. This hub is the mother ship – where all efforts lead back to and it should reside on a platform that the company has 100% control over.  That means it is not Pinterest, Facebook, LinkedIn or any other 3rd party owned site. It needs to exist on your own website or blog. It should be the container in which all of your original content is stored and offered up to visitors.

After the hub is established, the spokes can be added.  A spoke is any activity or effort that drives people back to the hub for some reason. These will include both on and offline activities ranging from speaking at the Rotary meeting to offering your free ebook from your Facebook or Twitter platform.

Many companies start off strong.  Enthusiasm is high and everyone’s ready to contribute.  But as client work piles on, it’s easy to dismiss your internal efforts as optional.  Deadlines start being overlooked and before you know it, you have cobwebs.

But there’s a cure and we’ll dig into how to effectively create and maintain content flow next week.

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Productivity Hacks

May 31, 2017

ProductivityI don’t know anyone who feels as though there are enough hours in the day. Whether you want more time to spend with your family, to chase a new business opportunity or to pursue that big dream you’ve always tucked in the back of your head – you could always use an extra hour or few. And to get there, your productivity needs to be at its peak.

We could absolutely do less and for some people, that’s a viable and attractive option.  But for those of us who aren’t ready to slow down but still want to be as efficient as possible – there are some tools that can help.

For me, there are some absolutes that must be present when I consider a new productivity tool.  Missing any one of these is usually a deal breaker for me.

  • Must be accessible on all of my devices (laptop, tablet and mobile phone) if appropriate
  • Must sync all data between my devices so no matter which tool I’m using to get to the tool – the data is current
  • Has to be Apple/Mac friendly
  • Simple, simple, simple – I don’t have the time or the desire to learn something complicated
  • Responsive customer service team – if I run into trouble, I want to know there’s a human being somewhere in the mix who can help me
  • Can’t cost an arm or leg but I am willing to spend some money to get the fully loaded version or some of the features (like sharing capacity) that I need

I thought it might be useful to share a few of the tools that I use on a daily basis to keep my world in order and to be as productive as possible.

Evernote:  Think of Evernote as a virtual super secretary that helps you keep everything you might need at your fingertips.  It’s like a virtual file cabinet that stores notes, visuals, web clippings, digitized business cards, audio files and so much more.

What makes this tool so useful is the ability to tag everything you add.  So searching for something that you stored two years ago becomes a breeze, as long as you’ve created a simple tagging system/hierarchy.

My Evernote is a mishmash of blog post ideas, notes from client meetings, web clippings of things I want to share with someone or refer to later, my digital Rolodex and a list of vacation options for upcoming trips.

Wunderlist:  I searched for a couple years to find a To Do list app that actually helped me get things done.  I can keep multiple lists, share them with other people so there’s built in accountability and it is easy to access on all of my devices.  Most To Do apps are unnecessarily complicated.  Part of what I love about Wunderlist is its simplicity.

My lists include client To Dos, things I need to do around my house, my grocery list, phone calls I need to make, next steps (tied to calendar reminders) for some new business prospecting and best of all – I can share tasks with others on my team and assign responsibility as needed.

Tiny Scan Pro: This phone app produces incredibly legible scans of any document. If you travel or are out of the office on a regular basis, being able to scan a document and then either email it to someone, upload it to Evernote, DropBox, Google Drive or other cloud tools is invaluable. If you have the companion app Tiny FAX, you can even go old school and fax it to someone.

Productivity – It’s all about getting things done smarter, faster and with less hassle. Hopefully, these tools will allow you to spend more of your time doing the things you love the most with the people you love the most.

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Do you want to take a stand?

May 17, 2017

take a standThe Supreme Court’s decision to legalize same-sex marriage dominated the news, social media and most conversations when it was announced.  Regardless of where you stood on the topic – you couldn’t help but be immersed in it.  And that wasn’t true for just individuals but, interestingly, for businesses as well. Many of them made a point to take a stand on this issue.

There used to be an unwritten rule that businesses stayed out of political and social discussions.  Unless the issue was one that united the entire country, like World War II – businesses kept their heads down and just stayed focused on business.

But times have changed and consumers have made it clear that they want to do business with organizations that share their values.  It’s as though a third element has been added to the buying decision.  Consumers are driven by their emotions when it comes to any purchase.  That emotion is often tempered or inflamed by facts or features. But today, those two buying elements are influenced by the world around us. Consumer’s beliefs and values are having a bigger and bigger impact on how they perceive and interact with brands.

In the past, we’ve seen lots of brands embrace causes that are tied to their product/service like Avon’s fight against breast cancer or Dawn’s support of wildlife affected by oil spills and other disasters.  But all of that seems pretty safe in comparison to taking a stand on a controversial issue.

In recent history, we saw both Chick-fil-A and Hobby Lobby take a strong stance on social issues and that decision both cost them and earned them customers who were either aligned or repelled by their position.  In some ways, it’s the essence of branding – show your heart and attract your sweet spot customers who believe as you believe and will value you even more because of that connection.

Many brands spoke out when the Supreme Court decision on same-sex marriage came out. They quickly reacted to the decision and came out to show their support of the ruling within hours of the announcement being made.

There are a myriad of marketing lessons to be taken from that decision and the responses to that huge societal event.

Your company has a heart: Only you/your leadership team can decide if you want to take a stand and on what issue.  But recognize that whether you speak out or not – there are issues that matter to you and your organization. You’ll have to decide if that should be a part of your company’s public persona or not. The risks are real but so are the rewards of attracting and connecting with people who share your values.

It can’t just be for show: If you’re going to step out of the shadows and express an opinion on a social or societal issue – you need to truly own it.  These are vital topics to your audience and any sign of you being in the fight just for appearances or financial gain will bite you in a big way.

A mile wide versus an inch deep: You can’t fight every fight. And odds are, you don’t have a strong conviction for every fight. You also don’t want to be perceived as a brand that just runs from cause to cause, trying to capitalize on them all.  These kinds of issues are typically very complicated and take a long time to resolve.  If you truly want to affect change (otherwise, don’t get into the fight), know you’re in it for the long haul.

Bottom line – it’s your call. But if you’re going to take a stand, remember that you need to be smart about which issues should earn your resources and your reputation.

 

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Don’t forget the packaging

May 10, 2017

packagingWe seem to be in a marketing era that rewards straightforward, cut to the chase marketing and sales tactics.  The recession taught us that consumers were leery of any hyperbole or inflated promises so marketers let the pendulum swing to the other extreme – stripped down copy that was information based, educational in nature and absolutely void of spin or packaging.

I think we can look back at 2008 and see the birth of content marketing – the helpful era.  I’m a big fan of the genre and I believe serving our potential customers and current customers by going out of our way to be helpful is smart marketing.

But I do think the pendulum has swung a little too far.  I believe as human beings, we can’t help but appreciate a little bit of sizzle with our steak.  I’m happy to see the hyped marketing copy days in the rear view mirror but I do think we’ve lost something in our rush to pure practicality.  We’ve sacrificed some of the showmanship that allows us to build anticipation, celebrate our product/service’s ability to delight our customers and create buzz around our brand.

I’m not advocating that we go back to the “monster truck” style of marketing but I do think we need to remember that part of receiving a great gift is getting to unwrap a beautiful package.

When I use the word packaging, I’m not just limiting my meaning to the literal packaging of a tangible product.  Whether you operate a brick and mortar store, run a service business or sell something intangible – you can pick up your game when it comes to packaging.

How do you deliver the goods? The advertising industry is a great example of a profession that has allowed their packaging to be diminished over time. When I started in the business, computers were not the norm and everyone didn’t have access to one. When we wanted to present new ad concepts to a client – we delivered them in person.  They were mounted on a board and we’d cover our ideas with paper that was branded with the agency’s name and logo.

We’d “reveal” our ideas by lifting the flapped paper, almost like opening a curtain before the big show. It created a sense of drama and anticipation. Today, we just email PDFs – hardly an ounce of show in that.

Is the current delivery model more efficient? You bet.  But, does it help our clients truly appreciate the time and energy that went into creating those concepts?  No, in that way it sells our work short.

Do you beautify the ordinary? When is a box more than just a box? Tiffany’s blue box. Apple’s elegant packaging.  Can you take something that most companies just do out of necessity and make it part of the experience? Apple’s the master at this. Have you ever heard of “unboxing?” It’s a term that has been coined by Apple customers that is linked to unpacking a new Apple product.

For Apple fans – this is an event — an event worth capturing on video. Just search unboxing on YouTube and you’ll be amazed at both the volume of videos and the number of views.  One video of the Apple watch being unboxed has been viewed over 500,000 times.

What aspects of your product/service are necessities that could be re-engineered into something people would talk about? Savvy companies are doing with things as ordinary as a room key, a box, an invoice, delivery follow up, or customer service access.

If you want to be a brand worth talking about – make sure you haven’t stripped all the sizzle out of the equation. You don’t want to overdue it but adding some style and attention to detail elevates your brand and brings back some of the sexy.

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Smart mobile marketing is scarce at best

May 2, 2017

Mobile MarketingAs people spend more and more time on their mobile devices (phones, tablets and phablets), it only makes sense that budgets are being shifted in that direction. But there are several challenges with mobile marketing that most advertisers still have not figured out.

  • The creative is not all that effective and is usually a banner ad that’s been re-sized for the mobile application as opposed to truly thinking about the mobile viewer and what would capture their attention
  • The ads are not action driven enough – they are more often than not, passive, brand ads
  • It’s difficult, without cookies, to track effectiveness
  • It’s tough to connect mobile ads to in-store purchases because of some of the same tracking issues
  • Targeting is a challenge – the accuracy of the existing tools are unproven

That’s why when mobile marketing is done well, it’s worth examining. Dunkin’ Donuts ran a campaign a few years ago that can teach us several lessons about how to use mobile wisely.

Their goal was to reach coffee drinkers who did not routinely visit a Dunkin’ Donuts store. They wanted to change their buying behavior and encourage them to visit a Dunkin’ Donuts rather than one of their competitors. They wanted to generate measurable behaviors so they decided to pair demographic targeting and location information, so they were speaking to the right people at the time they were likely looking for a place to buy coffee.

Dunkin’ Donuts targeted coffee drinkers using a third party’s proprietary software that builds behavior profiles based on mobile activity. Then, they geo-fenced the area around their competitors’ stores. When one of these coffee drinking/buying consumers crossed into the geo-fenced area – they were served up coupons for Dunkin’ Donuts.

This allowed them not to cannibalize their own customers because the ads were only served up near their competitors’ locations.

The ads were a call to action – a coupon. They offered coffee for $1 or $2 for a coffee/meal combo. Consumers could download the coupons for later use. More than a third of the consumers who clicked on the ad took additional actions. They either saved the coupon or they searched for the closest Dunkin’ Donuts location. But even more impressive is that 3.6% of the people who saved the coupons actually redeemed them.

As you might imagine, Dunkin’ Donuts is expanding this campaign beyond its original test locations.

What are the lessons we can take from their success?

Previous behavior is a great predictor of future behavior: The strategy surrounding your targeting is vital to a successful mobile campaign. This is not the tool for a broad branding campaign. People use their smart phones for information and to accelerate action. Your campaign should have that same focus.

Location, location, location: This is a feature of smart phones that most mobile campaigns either don’t use or use poorly. But it’s a fine line. If your ad is too specific or requires immediate action, it might freak out the consumer and feel too “big brotherish.” But you do want to offer them choices that they could either use immediately or save for later.

You can create your own measurement tools: One of the reasons this mobile marketing campaign was successful is that they plotted out multiple steps and options for the consumer to take. With each action, they could track the consumer’s responses and ultimately were able to tie it back to a variety of actions, from searching for a store location to making a purchase.

This is an area where both the opportunities and the obstacles are plentiful. We have to learn how to manage the obstacles – because we certainly don’t want to pass on the opportunity!

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Do you recycle?

April 26, 2017

recycleI admit it – I hate re-inventing the wheel. There’s nothing more debilitating to a To Do list than the belief that everything you do needs to be custom created. In this era of content creation, we all need to be brilliant recyclers.

There are several advantages of re-using copy/visuals throughout your marketing efforts. We all know that repetition is necessary when you’re trying to implant marketing messages into your audience’s consciousness. So using the exact same wording and visuals helps accelerate that process.

In addition, it allows you to focus on the strategic elements of your marketing and stop re-working the words. If you don’t like the words (or visuals) well enough to re-use them, then why are you using them at all?

Here’s the biggest misconception about recycling your marketing materials. You don’t want people to get bored or notice that you’re repeating yourself. With all due respect – you wish!

Unless you’re a marquee brand like Apple or Disney, no one is so mesmerized by your marketing efforts that they’re going to notice. Even if you recycle the content several times in a short period of time. No one is memorizing your content. But after awhile, your key points will stick. That’s the point, isn’t it?

Here are some ways to look at your existing content as a source for future content.

Your website: Oh, this is a treasure trove of content for your harvesting purposes. First, look at your website’s navigational headers. You can assume there’s a handful of blog posts, newsletter stories, direct mail letters etc. in each section of your website. Identify key messages in each section and expound on them for future content usage.

Your newsletter: Have you been producing newsletters for a while? Go back and find the evergreen articles that would still be helpful to your audience. Cherry pick the best ones and turn them into blog posts, social media status updates or emails to your best customers.

Your videos: Have you been smart enough to leverage videos in your marketing? Transcribe them (don’t have time – it’s cheap and easy to get it done) so you can re-purpose those pearls of wisdom. If they’re testimonials, those make great visual sound bytes on social media and your website. If they’re how to videos, turn the content into blog posts or FAQs for your website.

Your owner’s manual/instructions: I know it’s not sexy but hopefully it’s written to be helpful. That’s great fodder for social media posts, website content, helpful direct mail pieces to recent purchasers and potential buyers.

Your speeches: These are a very strong source. Odds are, the content is pretty unique and only used for this one purpose. If you’re a typical speaker and use PowerPoint – you’ve got built in visuals and copy. Each key point belongs on your website at the very least. They probably will make excellent blog posts/newsletter articles or an entire direct mail series.

Remember that when you recycle, it doesn’t necessarily mean using the exact same copy in the same way. It’s certainly possible but you may have to change the length, add some set up to give the content a frame, or add details to add value. On the flip side, a piece of long content may need some pruning or it might make a great series, rather than a single piece.

When you start looking at your existing content, ask yourself if you could use it to create:

  • Ebooks
  • A Slideshare deck
  • Case studies
  • Pinterest board or Instagram series
  • Blog posts
  • Infographics
  • Social media posts
  • Newsletter articles
  • Direct mail pieces
  • Podcasts

Look at your existing work as the building blocks for your future work. You’ll love the consistency, the time savings and new tools you can create when you recycle.

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Are your customers in transition?

April 12, 2017

TransitionWhen I think of Spring, I can’t help but think of it as a season of transition. Seeds evolve into plants, kids graduate from high school and college, and many single people choose this time of year to get married.

No matter what the transition is or how desirable the next phase may be – transitions are, by their very nature, very stressful periods of time. In that stress, comes the need for a deepened understanding and more support.

You may not think of it this way, but my guess is that at the very moment your customer is ready to buy, they’re in a state of transition as well. They might be evolving their business, they might be experiencing a life transition or they might just be transitioning to you from whoever was servicing them before.

At MMG, we’re big believers in not only understanding who your sweet spot customers are but even more important – understanding exactly where that sweet spot customer is at any moment in the buying cycle.

If your prospects or clients are in a state of transition, it would be helpful for you to remember some of the realities that transitions bring so that you can serve them better, be more empathetic and anticipate their needs.

When a person is in any sort of transition, everything is heightened. Typically a transition is a significant event that brings with it a host of emotions. At the base of any transition is the combination of uncertainty and anxiety. Because it’s important to whoever is going through it – they’re worried that it won’t go the way they’ve envisioned that it should. Add to that anxiety the reality that in most transitions some elements are out of their control. The bride can’t control the weather. The graduate can’t control his family dynamics.  The business owner can’t control if the old vendor will block the transition or make it simple and clean.

On top of that blend of anxiety and uncertainty is loss. As the old saying goes, “you can’t steal second base and keep your foot on first.” No matter how exciting or amazing the new transition will be, there is the pain of saying goodbye to something comfortable and familiar. Even if your new client is furious with their old vendor – they know exactly what to expect and how to react to it. There’s comfort in that.

Another element of transition that you need to keep in your sights is the fact that when someone is making a change, they often have unrealistic expectations for what that change will bring to them. You’ve probably made quite a few promises and commitments to entice that new customer to do business with you. At the moment of the transition – they not only expect you to keep those promises, they expect you to exceed them. When we’re courting a new client – we’re putting on the full court press. They feel very desired and like they’re your first and only priority. If you deliver on that – you can quickly earn their trust. But if you stumble, it’s tough to recover.

Finally – remember that when someone is going through a significant change, they’re very conscious of the risks involved. They may know intellectually that this is something they either need or want to do, but they’re putting themselves in a very vulnerable position.

If you want to make your new customer’s transition to your company smooth and worry free, you’ll need to have a carefully orchestrated plan in place. Over communicate that plan. Build in time for them to ask the same question they’ve asked ten times before. Be absolutely accessible and transparent and earn their confidence and trust, step by step.

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Are you a commodity or are you different?

April 5, 2017

different

One of the first questions we ask a new client is “how are you different?” We usually hear things like:

1. Our people are better

2. Our products/services are better

But rarely do we hear – we do what we do differently than others do it. The harsh truth is, your people probably aren’t better. They may be great but your competitor’s staff is probably also pretty great. Odds are, your products and services do have rivals that are equal to what you offer. I’m sure you also have competitors who have lousy people and mediocre products/services but they’re probably cheaper than you are and that’s how they compete.

Let’s assume that there are a handful of companies who sell a product/service that is comparable to you and who have well trained, eager to serve employees. Those are your real competitors – the ones who do it as well as you do.

The danger to your business is that it’s just as easy to choose the other guy in the blink of an eye. When there’s really nothing different between you and the other companies – you all become, over time, average.

And that’s a very scary place to be. The reality today is that average doesn’t cut it. There are so many places I can get a “decent” buying experience. If that’s all that is available to me – why wouldn’t I then decide who to do business with based on the resources I hold most dear in a buying transaction:

  • My time
  • My money

I put those in that order on purpose. Today’s most scarce resource for the vast majority of consumers and business buyers is time.

I love the Buy Local movement but there’s a problem with it. If Buy Local doesn’t offer me something special and unique – most people are not willing to spend additional resources (both time and money) to support the cause.

Without something special in how you deliver your goods or service – you become a commodity. I know that’s harsh and I know it hurts to hear it. But if you don’t offer your customers something beyond what your other worthy competitors do, it’s your reality.

So how do you avoid to commodity trap?

Be more helpful than everyone else: If you are a resource that your consumers turn to time and time again, long before they buy, then they’re going to form an attachment to you. That attachment is a combination of trust, appreciation and obligation. You’ve already been so helpful – of course they’re going to consider buying from you.

Be more memorable than everyone else: One of the biggest factors in today’s buying decisions is the experience. Make it cool. Make me feel important. Make it selfie worthy. Do something to create an experience I want to tell others about. Don’t poo poo this if you’re a B-to-B based business. Those purchasing agents, business owners and general managers will love it if you wow them.

Be easier than everyone else: Why is Amazon winning? It’s so dang easy. 24/7, free shipping (with a Prime membership) and voila, it’s at your doorstep in a day or two. Plus, they have everything from shoelaces to lawnmowers and thanks to the customer reviews – you can quickly get a sense of the product’s quality in relation to what you’re trying to buy. That’s tough to compete against.

We may not like it – but offering something of value at a reasonable price is no longer a game changer. It’s a commodity.

If you want to be a company that buyers seek out, recommend and remain loyal to – you’re going to have to do better than that. You’re going to have to change the way you deliver your product or service so that it’s downright remarkable.

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Sometimes nothing is better

March 22, 2017

nothingThere is a required critical mass in terms of marketing. Sometimes it’s actually better to do nothing as opposed to underfunding an effort. In this conversation underfunding could mean not having enough money but it could just as easily mean not being willing to commit the time, the focus or have the discipline to honoring a schedule.

I get that this is counter-intuitive. Surely it’s better to do something rather than nothing, right? Actually, if what you’re going to accomplish is simply diminishing your resources and not really moving the needle – why bother?

Just to be clear – I am not saying that no marketing is ever a wise choice. Just that you need to be realistic about your resources and allocate them wisely.

Here are some signs that should indicate to you that maybe you’d be better off just putting the money back in your pocket and/or the time back into your day.

If you can’t sustain the effort: Marketing is a marathon, not a sprint. I don’t care how compelling your offer is, how fascinating your story is or how awesome your product/service is – marketing takes time. You can’t speed up the process of when a prospect actually needs what you sell. Sure – you can trigger an earlier purchase with a killer discount or some other enticement, but until they have decided to buy, the ball remains in their court.

Add to that the amount of marketing noise out there. It takes a while to break through the clutter. All of that adds up to the reality – if you can’t sustain something for a minimum of six months, don’t bother doing it. That doesn’t mean every marketing tactic requires a six+ month investment of time or money. But it does mean you need to be ready to make that level of commitment, just in case. If you run out of time or money short of the finish line, you’ve basically wasted that resource and not reaped any of the rewards you might have enjoyed if you could have stuck it out a few more months.

If you’re desperate: I’ve rarely seen any company make a good marketing decision when their back was against the wall. Desperation typically leads to a herky-jerky series of attempts – none of which are well thought out, executed in the best way or left in place long enough to be effective.

Prospects can smell desperation and it’s off-putting, to say the least. If you’re desperate, odds are you’ve taken your eye off the marketing ball because you’ve been so busy servicing clients or developing a new offering and now, your pipeline is dry. Sadly, there is no short fix to that other than to learn your lesson and make marketing a daily activity – even on the busiest of days so the pipeline always has some flow.

If you’re just going to talk about yourself: Until you get it through your head that marketing should always be about, for and in the voice of the consumer, you might as well not waste your money or time. They only care about us in the context of their work or their life. If you can’t frame your marketing to help them understand how you can enhance some aspect of their world, don’t bother.

That’s not to say you never mention what it is you sell. But marketing is about gaining their interest and their trust. That’s accomplished through being helpful, not through selling. They’ll let you know when they’re ready to shift the conversation to sales.

Marketing is something you should do every day but that doesn’t mean every possible tactic is a good choice. Watch for these red flags to avoid spinning your wheels for nothing.

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