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Danny Brown

Danny Brown

podcaster - author - creator

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Marketing

The Problem with Marketing is It’s Full of Marketers

Marketing dilemma

I’m a marketer. In marketing, our mission, if you like, is to instill desire.

You may see a product you like, but don’t necessarily need. Marketing’s job is to instill enough desire around that product to make you need, or want, it.

While there are several facets to marketing – including the afore-mentioned desire, as well as awareness and promotion – the ultimate goal of any marketing strategy is to increase growth of a brand.

Primarily, this growth is in lead generation and in sales. But it can also be:

  • Customer acquisition;
  • Customer value;
  • Customer loyalty;
  • Share of voice;
  • Competitive advantage;
  • Brand perception.

At its simplest, marketing is the hub that holds much of sales, service, PR and more together. And while that’s part of marketing’s biggest strength, it’s also increasingly becoming its biggest weakness.

The Hyperbole Factor

Because marketing’s role is to instill desire, often it sounds like too many marketers are loving the sound of their own voices, and the niche area that they concentrate on becomes the next big thing to save businesses.

Take a look around the social web, and see what’s being said on Twitter, Facebook, LinkedIn, Google+ and blogs, just as a starting point.

Some of the choicest comments, posts, updates, etc, go a little something like this:

  • Why content marketing is the future of marketing;
  • It’s time for something bigger than social media marketing;
  • Social influence marketing is about to change your business;
  • Mobile marketing is the most powerful media ever invented.

And on, and on, and on. There are literally thousands of different takes on the four highlighted above, but they all share the same malaise of hyperbole where common sense is needed instead.

And that’s the biggest issue with many marketers today – everything is “the next big thing”, and brands need to engage or die, or similarly worded sensationalism.

The truth of the matter, as it’s always been, is that nothing is really the future of anything – it’s simply the evolution of the current.

Marketing is Knowledge

Although his expertise was based in advertising, David Ogilvy nailed it when it comes to successful marketing:

Advertising people who ignore research are as dangerous as generals who ignore decodes of enemy signals.

Good marketers have always used research to base their strategies on.

When I gained my marketing degree way back in the day, it took me four years to attain. During that four years, we were taught everything about the importance of research – the data we needed, the filtering it required, the insights it gave us, and the implementation that would lead to.

That research allowed us, as marketers, to understand our consumers, or those that the brands we worked with were looking to target, from existing customers to potential ones.

The Four A's

It enabled us to create targeted campaigns and content long before content marketing was even a buzzword, and track these campaigns and see what worked and what didn’t.

Simply put, knowledge truly was, and remains, power. Except today, it’s not.

Lazy Marketing Syndrome

Today, marketers have an abundance of ready-made solutions at their fingertips that bypass the need for knowledge.

Instead of doing the legwork that real marketing involves, you have the lazy marketing solutions:

  • Social scoring platforms that promote non-relevant influence;
  • Content marketing platforms that spit out content in classic spray-and-hope promotional tactics;
  • Invasive software that allows mass direct messaging or mobile texts to unsuspecting, non-targeted consumers;
  • Social media “marketing” automation that blasts messages out regardless of goal, platform, relevance of content and more;
  • The pulpits of the gurus and their message that “everything non-social is dead”.

And the sad part is, people and brands are buying into this.

The reason? Marketers, in their ultimate wisdom, have created this fallacy that there’s this amazing golden goose that will deliver results without the legwork needed to make these results happen.

Marketers saw an opportunity to instill the desire we spoke about at the beginning of this post and run with it in a new way. Instead of the desire to buy a product or service, now the desire was “Don’t be the company that dies because you’re not on Platform X!”

Even though Platform X may have been the most ineffective platform for the brand to be on, because there was little research carried out as to whether that was the right move for the brand, based on what their goals and long-term objectives were.

The Folly of Marketers Today

The ironic thing at play here is that the marketers who think this is beneficial, because it makes their jobs easier and brings in easy money, are the ones that are closing the doors on not only their future success but marketing in general.

With the amount of data available to marketers today, there has never been a better time to be a research-led marketer.

  • Big data offers us the insights on purchase life cycles and consumer behaviour that we could only have dreamt of when I started my career;
  • Consumers are helping us shape increasingly targeted solutions that meet their needs, leading to warmer purchase intentions;
  • Metrics and debrief data show us immediately where a marketing message is failing, and how we can fix it;
  • Emotions around a message can be identified, measured and shape future interactions, promotions and sales.

Lymbix ? Sentiment Analysis Reinvented

We have the opportunity to positively impact both the customer’s life and the brand’s success with these tools and data-points we have access to.

Instead, we push the strength of marketing – research, strategy, implementation – aside, and offer diluted versions that have little chance of providing the same level of solutions.

Worse yet, we remove the desire factor and replace it with the push, push, push factor of crappy content and supposed marketing that, while impressions may tell us we’re successful, the real story is how much has been invested and how little that’s yielded.

That’s not marketing – that’s taking the easy path of bullshit metrics and making them sound worthwhile. It nixes real marketing that meets the needs of the customer, the kind of marketing that increases the brand’s bottom line while improving the top line because resources haven’t been wasted on non-effective tactics.

And that’s unforgivable for any real marketer.

The sad thing is, this lazy marketing isn’t just harming an industry – it’s harming other facets of that industry.

When Marketing Sucks, Everyone Suffers

While marketing is primarily around the art of promotion and desire, its footprint touches many more areas of a brand that can mean a major impact if lazy marketing is left unchecked.

  • Future products and innovation suffer, since the brand is unwilling to put more resources into something the customer would welcome with open arms, because real data and insights weren’t forthcoming;
  • Customer service bears the brunt of consumer anger at poor products that don’t live up to the marketing hype;
  • The brand takes a hit, reputation-wise;
  • Competitors are handed sales on a plate as they react to your poor efforts and attract any potential customers you may have swayed.

These are just the basics.

Internally, the damage can be even worse, as marketing teams are fired, morale takes a hit, budgets are cut and stagnation replaces drive and future plans, with brands playing it safe and sticking with what they know, even if all that does is prolong their eventual failure.

While that might seem a drastic scenario, I’ve seen it happen before and will no doubt see it happen again, as we continue to be sucked into the lazy marketer’s pitch and grasp.

But it doesn’t need to be this way.

Marketing should be hard work. It should see brands demand more. It should see marketers deliver more. It should see consumers benefit overall.

Anything else isn’t really marketing – don’t be fooled into thinking otherwise.

image: Joel Abroad

Today?s Marketer and the Changing Face of Purchase Decisions

social business

social business

As digital and mobile channels continue to pervade ever deeper into today?s business landscape, the challenges facing organizations and their key personnel grows with it.

Whereas before, we could create a message and hammer it home to our audiences until it was accepted, now there are multiple channels, factors, disruptors and more that make marketing your brand much more scientific than before.

Think of all the facets of marketing today:

  • Social media marketing
  • Mobile marketing
  • Influence marketing
  • Digital marketing
  • Search engine marketing
  • Email marketing
  • Pay Per Click marketing
  • Banner display marketing
  • Digital signage marketing
  • Traditional marketing

And on and on and on. Still marketing, but now truly multi-faceted.

Now, into that mix, introduce demographics, locale, purchase history, brand loyalty, financial, emotional and situational factors, and?creating a successful marketing template becomes much more strategic than ever before.

Which is why a new guide from?Worldcom Public Relations Group?is a timely release. The world?s leading partnership of global public relations brands, Worldcom provides analysis and understanding of the various cultural nuances in different marketplaces.

Their?Global & Local Marketing Guide for CMOs?highlights the growing shifts and trends in these different markets, and offers insights from 40 Worldcom partners across more than 15 countries.

These insights help CMOs understand the marketing and PR landscape when it comes to multicultural audiences, locales and industries, and is geared to help organizations and marketing consultants/agencies be more effective in these areas.

Below are some of the key takeaways from the report.

Today?s Marketer Needs to Understand Local as Well as Global

Savvy marketers have always known that true success comes from understanding your customer and meeting their needs and demands.

From type of message to channel of promotion, and language of the message, if you don?t meet your customer on their terms ? or at least be fluid enough to adapt to their known terms ? then you?re already on shaky ground when it comes to getting your brand message out there.

For example, in Argentina, South America:

?60% of opinions about a product are shared in face-to-face conversations, and people are more eager to exchange opinions with friends (45.5%), family (20%) and colleagues (30%). 92% of the comments within these conversations tend to be positive over negative.

In Arizona, United States:

Small businesses are a major contributor to Arizona?s economy, representing 97% of businesses in the state. 78% of Arizona companies rely on word-of-mouth when purchasing a new product or service.

In Hong Kong, China:

Hong Kong is seeing a growing market for group purchases. In January 2012, Groupon had 360,000 fans of their Facebook page, 10% of the total amount of Facebook accounts in China. [Note: I’ve never been sold on fans in relation to business metrics, but the percentages and use of Groupon was interesting – Danny.]

These are just three snippets that highlight very different cultural takes on how we do business today. The report itself delves into many more countries and offers some fascinating insights into why the future of marketing is local, and then beyond.

Interestingly, many of the findings tie perfectly into the research and methodologies that make up?Influence Marketing, and how dyadic (groups of two) relationships drive influence marketing success when it comes to the customer solution.

If marketers can change their mindsets on placing the customer first and then meeting track back from there to meet the customer?s needs, their goals will be more manageable and measurable.

Channels and Content Are Key

For ArCompany, the best marketing and PR is when you?re not even aware you?re being marketed to. The nature of the promotion, the conversations around it, the minute details that are researched before a campaign?s implementation ? all are geared towards making marketing as non-invasive as possible.

Research

Sure, the in-your-face way works, especially in certain industries. But more often than not, the campaigns that resonate the most are the ones that see your customers continue to talk long after the initial ad hits your stream.

To this end, the channels your business uses for its campaigns, along with the content and how it?s shared, plays a significant part in an increasingly connected consumer-led marketplace.

For businesses, 88% prefer email?as the lead communication channel.

For consumers, 34% prefer social media,?although email is a close second with 27%.

76% say that social media [influencer] outreach?is a top priority for clients.

85% cite LinkedIn?as their preferred channel.

49% claim social posts?are too promotional.

46% said the communication?was too frequent.

In addition to these numbers, the breakdown between B2B (business to business) and B2C (business to consumer) content and strategies offers a clear difference in strategy and approach.

B2C content?should be educational; stimulating; entertaining; non-commercial; objective; focused on engagement and two-way communication.

B2B content?should present ROI in a clear, understandable and measurable manner; be solution-driven; have an integrated media approach; include infographics, videos and social media content alongside traditional media.

While the lines between consumer and business marketing are beginning to blur more, as corporations adopt more social media and influencer campaign models traditionally associated with consumer campaigns, the differences are still large enough to warrant specific strategies and tactics for each.

The Landscape is Shifting

It?s not just social media that?s leading the charge in the way we do business ? mobile is dramatically shifting not only the way we consume media, but also the way we shop and make purchase decisions.

More traditional verticals like Financial Services, as well as more forward-thinking ones like Retail, are seeing seismic shifts in how customers of these industries use mobile phones to gather information and quantify their decisions.

In the Financial Services sector?in the U.S., mobile banking is the #1 activity bank customers expect to be able to carry out with their chosen bank.

In the Retail sector, mobile shopping will represent 62% of digital consumers by the end of 2013.

In addition to these numbers, the Hungarian Advertising Association showed mobile marketing grow 12% in 2012, accounting for just under 20% of the complete advertising budget for the European country. This trend is visible elsewhere, as the full report shows.

Where Does This Leave You?

As the examples here and in the full report show, today?s CMO needs to be multi-talented.

As well as being responsible for product development, market research, sales management and advertising, they need to be up-to-date on the trends that matter for their customers as well as their business and stakeholders.

As a CMO in today?s marketplace, you need to:

Know who you?re speaking to, and understand their habits and behaviours of your key customers.

Know what, how and when to share your message.

Understand measurement and where you?re succeeding, where you?re struggling, where you need to pivot and where you need to acquiesce.

Plan for sustainability, move away from the campaign mindset and be strategic in building long-term loyalty and advocacy through delivering on your promise and continuing the after-service long after the sale.

The simple fact of the matter is, mobile and digital marketing is only going to become ever more pervasive, and require more hats to be worn across the board. The marketing hat starts with the CMO ? make sure you?re wearing it well. Need help? Let’s talk.

The full Global & Local Marketing Guide for CMOs 2013 can be downloaded?. This post originally appeared on the ArCompany corporate blog.

Beyond Social Scoring – The Situational Factor of Influence

Influence marketing

Influence marketing

If you thought influence marketing was a hot topic at the moment for marketers and brands, it?s only just beginning to really take shape.

While much of the conversation both here on this blog and across various networks has concentrated on where social influence is today, this is a just the prelude to where influence marketing will be tomorrow and beyond.

In the next few weeks,?our book will be released?and we?re excited to share the concepts and methodologies that we?ve come up with in both our research for the book as well as real-life case studies we?re documenting with our clients, using our framework.

Our goal with the book is simple ? while early movers in the social influence space have provided a starting point for brands to understand this tactic, the real business value requires actions and solutions that go deeper than a score and an ?influencer? based on amplification and popularity.

Additionally, online influence is just one component of a very large picture, and only paints a small part of that same picture. Let?s talk about that a little more today.

Decisions Based on Limited Information

Social influence data as it stands today is based primarily on one core metric: public social profiles and footprints. So if you have your Twitter account set to public, then companies like Klout and Kred will create you a ?profile? and allocate you a score, based on their algorithm.

If you sign up and connect your other accounts, like Facebook, LinkedIn and Google+, the score will change, since these companies now have more information about you. So far, so good.

The problem comes when the accounts aren?t set to public, or you have different privacy settings for different accounts. So, Twitter and Google+ may be public, but Facebook may be primarily for friends, so your sharing method on that network is very different.

But let?s say it?s these private conversations where the decisions on the majority of the choices you make are made, when it comes to making a purchase.

These choices are the ones that are defining the influence factor at that time:

  • Is it situational, where your current situation (financial, need for a product or service, etc) comes into play?
  • Is it emotional, where the desire for something outweighs the logic of not actually needing it?
  • Is it personal, where your partner/wife/husband puts the foot down and says no?

These are three simple factors that can?t be measured directly ? and yet they have a direct impact on you as a person, because they influence your decision.

Because this process isn?t measured by public scoring algorithms, it can lead to distortion of data when measuring a brand influencer program.

You may have initially shown positive signs of interest in a new product launch, as featured on an influential blog, and that would go down as a success metric. But the truth is, the real influence was exerted when the situation came into play in your private conversation(s).

It?s this missed data that (currently) limits the reporting metrics on some of today?s platforms.

The Offline Influence Equation

Another part of this equation is the fact that most influence platforms don?t take into account what happens offline ? they simply measure online noise and conversations.

While this approach still allows for a lot of data to be collated about someone and their influence, as well as who and what influences them in return, it?s still only half the big picture.

As Pierre-Loic Assayag mentioned when we interviewed him about?the approach his Traackr platform takes, imagine trying to decide a large bank loan with only half the financial information about a person available to you ? you just wouldn?t make that call.

In fairness, this limitation is being recognized by the influence platform developers. Kred, for example, allows you to upload your offline achievements (although they don?t validate them so you could still upload false information), while Appinions measures reactions and opinions from traditional media as well as online publications.

However, as much as we try and measure how offline decisions impact measurable public conversations online, there?s still the question of what truly impacted the decision to take an action or decide to pass at this moment in time?

To get to that stage, we need to move beyond just public personas when it comes to influence, and begin to look at the macro and micro influencer level, and where they sit in the influence circle around each of us.

In the next few weeks, we?ll be doing just that. We look forward to sharing with you.

A version of this post originally appeared on the official Influence Marketing blog.

Why Heineken Understands the Importance of Employee Culture

Heineken employee culture

When you look at a lot of the talk on the social web around brands, much of it centers on a few core mindsets:

Be your customer; listen to your customer; be there for your customer; be where your customer is.

Wise words, and definitely core for any business to succeed, not just on social. Yet as important as customers are to the longevity of a business, there’s another very core component – the employee.

The Internal Customer

I’ve written before about the value of your employees, and the very smart Leon Noone has shared his thoughts on the value of looking after your employees by creating the right culture and expectations from the start, as well as continuing to live by them.

Yet so many businesses miss this, and instead talk a good talk about customers while missing the walk when it comes to internal customers – your employees.

They’re the folks that represent your brand in public; they’re the folks that determine the customer experience; they’re the folks that keep the wheels turning. The importance of having the right culture and making sure there’s a good fit on both sides – brand/employee and employee/brand – is evident, as highlighted in this article from Forbes:

  • Companies that acknowledge employee value can see three times as much return on brand equity than those that don’t;
  • Aluminum producer Alcoa saw income growth of 500% over 10 years when employee safety was made the #1 priority;
  • A study by Bright Horizons showed 89% of employees who felt appreciated were more productive.

This should be common sense, but unfortunately it’s not, as seen by the high amount of employee churn at many businesses and corporations. Which is why the video at the end of this post from Dutch beer manufacturer Heineken made me smile.

The Right People for the Right Culture

The video follows the hiring process for a new intern position at Heineken. It opens with something we’ll all recognize – the canned answers to interview questions that candidates hope will be what the hiring company wants to hear.

For Heineken, though, getting the right person for their culture is much more important than being spoon-fed answers that may be complimentary, but don’t really show the personality of the potential employee, and whether they’d be a good fit or not.

While the video itself may be part of a marketing campaign on showing what Heineken is all about, the actual company culture speaks for itself – Heineken’s core brand values are Respect, Quality and Enjoyment.

These have seen Heineken receive numerous employee-centric awards and features, including Britain’s Top Employers 2012, features in People Management, shortlisting for the Employee Benefits Awards 2012 and much more.

As I mentioned at the start of the post, it’s key to appreciate your customers, especially in this fast marketing world we live in today where the smallest dissatisfaction can become the biggest online buzz.

Just remember the equally important internal employees, too – get that part right and your customers will automatically benefit.

[youtube]http://www.youtube.com/watch?v=j5Ftu3NbivE[/youtube]

Influence Marketing Survey for Marketing and PR Pros

Influence Marketing the book

Social media has opened many opportunities for businesses, such as direct communications with customers and prospects, peer-to-peer support groups, improved customer service channels and real-time reputation management.

This new communication channel has proven valuable to the sales, marketing, customer service and PR functions of businesses large and small.

Yet, as more consumers grow their social graphs, access social networks through mobile devices and engage in more brand discussions online, the increased noise has also added many new challenges.

Influence Marketing Today

Among the social media marketing tools created to better manage and drive greater value from this over-populated communication channel are social influence scoring applications.

They?re designed to collect and analyze a person?s social media activity in order to determine the influence he/she has over others on various topics, and then use that person as a conduit to deliver a recommendation or brand advertisement to prospective customers.

As the public?s penchant for social media communications grows, these tools have become more popular with new start-ups joining the fray every few months.

Yet this growth has not been without a fair amount of criticism regarding the accuracy, methodology and ethics of those providing the service and those who participate in their scoring programs.

However, both advocates and pundits agree that we?re just at the beginning of this growing marketing practice. A lot of growth is still expected and required among software providers and marketers alike.? Still, the question remains: in what direction will it go?

The Next Wave of Influence Marketing

Sensei Marketing and ArCompany have partnered on an initiative that seeks to better understand the attitudes and forecasts of surrounding this hot topic.

The first part of this effort is survey of international marketers and public relations professionals, which will provide additional data for a planned whitepaper on the future of influence marketing.

If you work in marketing or PR ? as a consultant, for an agency or employed by a brand directly ? we invite you to participate in this short online survey.

It?s completely confidential and takes less than 5 minutes to complete. The data collected and the subsequent analysis will be shared publicly in a whitepaper to be released this spring.

Go to the survey >>

Note: No personal information collected during the completion this survey will be sold, shared or made public at any time.

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