Marketing

20 May

short term wins don’t necessarily translate into long-term company health.—

Can the sum of a row of many victories over many years be defeat?General Löwenhielm in Gabriel Axel’s Babette’s Feast

New customers! More revenue! Huge ROI!

Immediate, positive results are attractive and addictive. It’s easy to understand why: People get praise from their bosses. The current market rewards quarterly capitalism with most investments currently being held somewhere between four and eight months—a big change from the average holding of over eight years during the 1960s.[1. Warren Fiske, “Mark Warner says average holding time for stocks has fallen to four months,” PolitiFact.com, 2016.] And, many people’s jobs depend on these immediate results.

06:15 / Leadership / Marketing
16 Mar

a vision isn’t just about building a productive organization. A vision is the first step in building brands with diehard loyalty.

A vision gives you clarity on what you should and shouldn’t do. It forces you to stand for something instead of being for everyone. And, it gives you the confidence to make those decisions: when you have a vision you believe in, you’ll have the emotional wherewithal to fight for what’s best for the organization over the long-term, not just today. 

Having a vision isn’t just about trying to achieve the vision. It’s about turning your company into the type of organization that has the potential to achieve the vision. 

00:50 / Creativity / Inspiration / Leadership / Marketing
24 Jan

Being Great Requires Giving Up Being Great At Something Else

Piglet: If everybody were like everybody else, how boring it would be. The things that make me different are the things that make me, me!
Eeyore: Stand tall.
Piglet: You’re in a class by yourself.
Eeyore: Be proud.
Piglet: You’re not like anyone else. No doubt about it, you’re second to none ‘cause you’re the one and only one. Piglet and Eeyore, “You’re the One and Only One,” Winne the Pooh: Sing a Song with Pooh Bear

It often seems like companies are doing everything to try and get customers to do more. 

But, when a company tries to do everything, it excels at nothing. 

Since companies only have a limited number of resources, this usually involves trying to improve their category weaknesses, which inevitably draws focus away from their strengths. And, by improving their weaknesses to match the competition and focusing on winning share of mind for their improvements—and ignoring their strengths—they just end up looking a lot like the competition. 

13:00 / Inspiration / Leadership / Marketing
20 Dec

The relationship between Cult Brands and their Brand Lovers is mutually beneficial.

Brand Lovers enjoy a real sense of satisfaction, accomplishment, and belonging from the relationship. Their self-image is enhanced significantly: these customers feel better about themselves—and they feel strongly that others view them more positively—because of the brands they openly embrace.

17:10 / Marketing
07 Dec

When collecting customer insights, every question should be connected to a potential action.

When we coach clients on their branding and marketing strategies, we like to marry best practices with customer data. Although some clients want us to use our research methods to do a deep dive into their customers, most companies want us to use their existing data—either collected by themselves or an outside company—as the source of customer knowledge. Over the years, I've noticed some common pitfalls in the ways customer insights are collected and used across companies of all types and sizes.

Here are five ways to avoid some of the most common ones.

06:23 / Marketing
30 Nov

"Those who would transform a nation or the world cannot do so by breeding and captaining discontent 
 or by coercing people into a new way of life. They must kindle an extravagant hope." -- Eric Hoffer

When Aeschines spoke, they said,”How well he speaks.” But when Demosthene spoke, they said, “Let us march against Philip.”David Ogilvy, Ogilvy on Advertising

“Damn, Daniel! Back at it again with the white Vans.”

Remember that meme? It took the internet by storm in February 2016. What started on February 15th as a video on Twitter of Josh Holtz commenting on his friend Daniel Lara’s clothing skyrocketed Josh and Daniel to recognition, landing them on Ellen DeGeneres and being crowned one of the 30 most influential people on the internet by Time Magazine.[1. Time Staff, “The 30 Most Influential People on the Internet,” Time.com, 2016.]

Seeing its popularity and its ability to break through the clutter, many brands started appropriating the meme: Clorox suggested to “get back at it with Clorox” and Axe attempted to link its popularity to their #findyourmagic hashtag.

As in the case with the Damn Daniel memes, companies often try to hijack memes in an effort to gain borrowed visibility. But, all too often they release their memes after popularity has peaked or they misunderstand the meme.[2. Adam Pierno, “How Brands Can Use Memes to Connect With Consumers in a New Way," AdWeek.com, 2018.] [3. RenĂ©e Millette, “15 Times Big Brands Did Memes and It Got Weird AF,” TheThings.com, 2017.]

05:57 / Marketing
15 Nov

Go through a magazine and pick out the advertisements you like best. You will probably pick those with beautiful illustrations, or clever copy. You forget to ask yourself whether your favorite advertisements would make you want to buy the product. --David Ogilvy

What is a good advertisement? An advertisement which pleases you because of its style, or an advertisement which sells the most? They are seldom the same. Go through a magazine and pick out the advertisements you like best. You will probably pick those with beautiful illustrations, or clever copy. You forget to ask yourself whether your favorite advertisements would make you want to buy the product.David Ogilvy, Ogilvy on Advertising

Does this sound familiar: you hire an agency for a campaign, but what you get back doesn’t fully capture your brand or it isn’t in line with what you thought you made clear during preliminary meetings? And, you end up running the ad anyway because there’s no time or budget to do anything else.

This isn't out of the ordinary.

Many agencies try to convince their clients that they have unique expertise and creativity that the client doesn’t have access to without them.

22:36 / Leadership / Marketing
19 Oct

Don’t get me wrong: I love data. But, I have issues with the way businesses treat data.

There are two main problems with data: one is the way it’s collected and the other is the way it’s used.

The problem with the way it’s collected is that more is treated as better. 

03:04 / Marketing
11 Oct

Consistency-Heinz-Branding

Successful Brands Are ...

Successful brands are many things. To appeal to customers, organizations must be credible, with actions that are in alignment with their messaging. There must be no disconnection between what a brand promises and what it delivers.

A brand must be meaningful, with specific relevance to customers’ lives. Successful brands are unique, with a distinct identity in the marketplace. Successful brands are holistic, meeting customers’ needs on multiple levels. Successful brands are sustainable, engaged in business practices they can maintain over the long term.

12:35 / Marketing
04 Oct

3-Forces-That-Motivate-Your-Customers-Decisions Do you know what motivates your customers to buy from you? Do you know why they choose one brand over another? Do you know what drives one customer to become loyal while many others do not? These are important questions, the answers to which will inform virtually everything your organization does.
18:33 / Marketing