Jun 6, 2014 | Communication, Small business
Marketing is about telling stories, engaging people with them, which builds awareness, affinity, preference, and with luck, persistence, and good management, can lead to a transaction, or two.
Metaphors, when well used can make a complicated point in a memorable and understandable way.
Couple of weeks ago in a talk to a small group of SME owners about the rugged terrain of modern marketing, I used an old metaphor, a throwaway, in the midst of the conversation. I was surprised firstly that nobody had heard it before, and secondly at the sudden clarity it delivered to a complex message.
“When you go to the hardware to buy a 10mm drill” I said, “you do not really want a 10mm drill, what you want is a 10mm hole”.
An oldie but a goodie.
This morning on the copyblogger site I saw another one I really like. It goes something like: “To make a restaurant successful, you don’t really need the best location, best service, lowest prices, fascinating menus, and all the rest, you just need a starving crowd”.
Obviously, all the good features you will see touted around as people flog bum-spots in restaurants in a crowded market all helps. They are part of the means to the end, the way you deliver the service, but to be outrageously successful, what you really need is a starving crowd.
A good metaphor, like a good picture, clarifies, simplifies, amplifies, and makes memorable, the outcome of a complex conversation.
May 29, 2014 | Branding, Communication, Customers, Marketing, Social Media
http://tomfishburne.com/?s=word+of+mouth&x=0&y=0
This morning a friend was telling me about a product he had used recently, and how it changed his life. Well, made a small piece of it better at least.
Next time I am looking for a product in that category, I will try it. Very little to lose even if I do not share the enthusiasm, and I value my friends opinion.
Word of mouth marketing.
Free marketing for the product supplier, right?
Consider how much effort went into making the product right, managing and optimising the value chain, in creating the programs that engaged and made an advocate of my friend, and gave him the stories to pass on to me.
Word of mouth is very effective, the most effective form of marketing we humans have ever seen, and on the surface it is free, but beneath the surface, there is frantic paddling going on.
Word of mouth marketing works but is not free, it is earned.
May 27, 2014 | Branding, Communication, Marketing, Strategy
‘Rich red Fountain Tomato sauce”
Fountain Tomato Sauce used to be the market leader in NSW, daylight was second and third. This was a long time ago, and responsibility for the Fountain brand was my first real job as a product manager who had real accountability, and the power to make lasting brand and resource allocation decisions.
I walked into the job just as Franklins (remember them) launched a “No Frills” tomato sauce, at 0.69c on shelf against the 0.73 for Fountain. Our volumes immediately took a huge hit.
I still remember the details, and the near panic that ensued.
“No Frills” was the first real housebrand of the type that 25 years later would play a role in the demise of the Australian food processing industry.
The immediate instinct was to drop the price of Fountain, and compete aggressively, certainly that is what the sales people insisted on, but we took a different tack.
We increased the price, to 0.81c, improved the product a fraction by adding a few percentage points more of tomato paste, and advertised, giving consumers a reason to pay the extra. When it was just 3 cents, chances were the products were pretty similar, but when the difference was 0.12 cents, consumers recognised they were not the same, both might be tomato sauce, but they were not the same, and they had to make a conscious choice.
We set about telling people why Fountain cost more, and why it was a great choice over the “cheapie” delivering real value to them and their families, and they paid the extra, willingly. Our sales went up, margins were up, the MD was very happy, and I was over the moon.
Point was, we gave consumers a reason to buy Fountain, we told a story, entertained, informed, it was a significant premium, but not one that would break any budget, and the product was better, much better, and consumers felt better buying it and having it on their table.
“Rich Red Fountain Tomato Sauce, Australia’s finest red”.
Wish Youtube was around then, and I had copies of the radio ads, they are still the ads I am most proud of over a long marketing career, with many successful ad campaigns.
May 20, 2014 | Change, Communication, Leadership, Marketing, Small business
“Serendipity” . Luck that takes the form of finding valuable or pleasant things that are not looked for. Websters Dictionary.
My old Dad used to say “Son, the harder I work, the luckier I get” and it has usually worked out that way.
It follows then that if you combine the definition of Serendipity and Dads old chestnut, Serendipity can be managed.
How you ask!
- Recognise that Serendipity is a state of mind rather than a quantitative outcome, and should be managed that way.
- It requires a management culture that has everyone working together, “alignment of strategy and activity” as a popular management article would probably purr. A utopian notion, but doable.
- Ensure there is “spare” time allocated to staff to pursue ideas, contribute to collaborative activities, and look for improvements. Personnel whose performance measures are quantitative box ticking exercises are unlikely to risk compromising their KPI’s by allocating time to potentially serendipitous pursuits.
- Provide the forums for casual and social interaction. This can be done in all sorts of ways from the way the offices are designed to organising staff picnics.
- Encourage the behaviours you are seeking by publicly recognising it when it happens. Financial and organisational rewards are of little value, but is the social rewards that really count.
- Trust and respect are critical components of productive collaboration. Neither can allocated, both need to be earned. “Ideo“, the creative agency has it nailed, one of their core values is “Make others successful”. When everyone works to make others successful, trust and respect follow, and the culture tends to expel anyone who does not work with that culture and its behaviours.
The great benefit if success in these endeavours is that it will make your place a great place to work, and that ends up attracting the best talent, attracting interesting, challenging and rewarding customers, and making good money. A virtuous circle.
That’s how.
May 19, 2014 | Branding, Communication, Marketing, Small business
Imagehaven, Innovation by design
On several occasions last week I found myself frustrated that I could not find a piece of information I needed on a website, I knew it had to be there somewhere, it is just that someone had effectively if inadvertently hidden it. GGGRRRRR
Over the years I have asked many people, individually and in audiences, what for them constitutes the perfect website.
There have been many answers, but there are always three that recur almost every time:
- Simple, clear, and quick to navigate.
- The information needed is on the site.
- We know what to do next.
How easy is that?, yet how often do we find ourselves searching a site, getting frustrated before we move onto the next likely one in the search list.
Usually it appears that the confusion and clutter comes from a few common sources. Designers try and put all the information up front, rather than creating a hierarchy of information that reflects the way people search, they let their “designer” genes run riot with the result that there is simply too much “design”, or that the original design has been added to over time like a house that goes through a series of renovations and extensions and ends up just being a collection of rooms.
It is really just a question of thought being put into the design. The combination of white space, written information, graphics, and calls to action (CTA). There are many “rules” of design around, this article by Zoe Sadokierski from UTS offers some of the perspective of history, that can be usefully applied to website design, but a bit of common sense goes a long way.
Next time you set out to design a site, consider these three simple rules, or you could just call the gurus at Imagehaven.
May 16, 2014 | Branding, Communication, Marketing, Social Media
Building brands has always been the core of successful marketing efforts, and by comparison to what it is now, it used to be simple. Do a bit of market research, make stuff, generate distribution, throw money at advertising, generate volume, make more stuff, advertise more….. a virtuous circle that if you had the deep pockets, was hard to stuff up. This no longer works.
Marketing and branding have become socialised. Consumer electronics is a category among many that has created new categories of products that are heavily influenced by reviews, and comment curation by users, which pushes the boundaries very quickly. Nokia was killed by missing the social phenomena of the smartphone. They had the mobile phone market by the shorts, had every opportunity to see the emerging technology, but failed to harness it along with the social cachet.
The other side of socialised branding, it can be a killer.
This trend is evident everywhere you look in consumer markets. I would contend that brand-building is no longer possible without social being a major factor in the mix. It is also true to observe, as Bob Hoffman continues to point out in his wonderful blog, that very few, if any, brands come to prominence without advertising, despite what the social media promoters would have you believe.
Building your marketing strategies with the reality of socialised marketing and branding being a major factor in the mix is just plain dumb.
