Fluid Marketing

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Whether the launch of a new business or reinventing of an old one, there is a common misconception that you’re over the hurdle once initial goals are met. Marketing, business development and strategic planning never end. For those who reach their goal and think the hard part is over, you may just find that upward trajectory soon spiraling downward.

 Let’s take the launch of a new business or a new branch. You diligently work on branding, creating your image and targeting just the right audience. When strategically implemented, it begins to work. Now you must adjust your strategy to include the next phases; reputation management, relationship building and follow through.

You said you are the best, make the best, bake the best, build the best, but now you actually have to deliver. The addition of public opinion means adjusting your strategies. Much of your marketing has now shifted to the response of the consumer not just the pursuit. Through word of mouth referrals or condemnations, the consumer will now be a part of defining who you are. One bad review or industry gossip, can scare customers, sending them looking elsewhere. Ignoring this powerful and ever changing river of opinions will be detrimental to your long term success.

Always remember, Marketing and Business Development are fluid. With eyes and ears wide open, you will be able to make necessary strategic adjustments, reactions and inferences to help that upward mobility continue North!

People First

As technology begins to take over our day to day, involuntary social-skill building opportunities, many are losing, or never gaining, the ability to understand and connect with others on a personal level. Simple tasks like grocery shopping, which once led to produce conversations, meat counter discussions or even cashier chit chat, now are ordered on line and brought to your car without even having to talk to the employee loading your trunk.

Almost everything that once was done in person and included friendly conversations with strangers, can now be done online. Digital analytics control what we know about our consumers, how we adjust to increase sales or what we should change to better serve them. Or so we believe. But, can analytics answer all your consumer questions? Can reading the graph of increases and decreases in your daily website visits tell you ALL the answers to “why” they stopped visiting, buying or caring about your product. The answer is a resounding NO!

Marketers who believe online analytics are the first, last and only way to predict consumer behavior have bought into the generational acceptance of the lack of personal contact. You changed your website banner and now there are fewer multi-page visits. Your color scheme was adjusted for the season and now less people are visiting your website, or your social media “local business” campaign, that use to drive traffic, is now stagnant. Simply reading the results and attributing them to simple changes, will not give you the insight you need to make all the necessary adjustments. You must know and understand your people. Putting people first will help make sense of the changes that were recorded in the digital history.

The insight and responsiveness that comes from connecting with your clients or customers will enrich your interpretation of the data supplied by your analytics.This combination will result in a real strategy for responsive growth. You don’t need to be able to look into their eyes and read their minds. But you do need to build a personal connection and client understanding to turn analytics into results.  Even as our desire for instant gratification, online shopping and siri style answers continues to grow, updating your business in the digital world, can and should combine personal connections with digital insights.  

Social Business: Here To Stay

Social Business: Here To Stay

Social responsibility in business has undergone a drastic change during the last decade, and as another catastrophic storm barrels towards Florida I want to take this opportunity to talk about what role business plays in the community. Businesses create culture and community around common organizational goals, and since the rise of social entrepreneurship we’ve seen the positive effects that socially driven businesses have on their greater communities.

 

The Taste of Branding

In a recent Consumer Behavior class we conducted a two-phased experiment to test the power of branding. Using bottled water as the sample product, in the first phase we discussed each type of water, from the mountains of the Appalachians and the springs of the South Pacific to The French Alps and good old American purified tap water. Each brand had a story. Revealing cost along with the visual accolades of the bottles and branding, we then tasted and rated. 

The second phase of the experiment was to blind taste test and compare the ratings against the first phase. Would the visual stimuli and branding of the product change the way we thought about the actual TASTE of the water?  One very astute student described his reason for rating the water in the bright blue bottle the highest during the visual phase, as somehow “tasting the color”, which in his opinion almost made it taste sweet. During the blind taste test this same water had the lowest rating. The highest priced water with a lackluster label was rated the lowest during the visual test, but rated highest during the blind taste. We now had proof that the power of marketing and branding can even change the perceived taste of a product! A fun yet poignant experiment. How does this apply to your business or brand?

The growth of social and digital campaigns has some people over thinking their marketing in areas where simple is better. While others who could greatly benefit from social campaigns and digital growth are not savvy to the nuances of creating a brand image.

Take Dasani for instance. In our taste test, many did not know Dasani was tap water that had been ionized and purified with minerals added for taste and were leaning towards not rating this tap water favorably, however, they enjoyed the low cost and ultimately the taste. Even in the blind taste test Dasani fared well.  Dasani goes to great lengths to build a social media following with twitter, facebook, and Instagram. But in the end, no one cared about connecting with them, they just liked the taste and the cost.

On the other hand, Diamond Creek from the Appalachian Mountains, completely unknown to all, could easily drive attention to their unique bottle and “sweet” taste to propel their brand and sales. Simply using the comment from my student could drive people to seek out and buy this unique blue bottle.

So how and where do you begin when deciding what marketing is appropriate for your business or product and what is overkill and wasteful? Don’t go it alone. If you have the best water, ceviche, IOS app, sunglasses, ice cream or insurance in the world, stick with what you are good at. Let those who are good at branding and marketing build your business. This statement also comes with a warning. I have been disheartened and even disgusted with some of the paid marketing campaigns I have been brought in to fix. Companies paying thousands of dollars per month for inadequate, misappropriated or even uninformed campaigns. Adwords campaigns that waste thousands because of inefficiency or websites that concentrate on ineffectual priorities. Good products and services deserve to be appreciated.  You are your brand, and your brand is what sells. So, if you make the best water, are the best physician, or artist, designer or home builder, word of mouth is no longer enough. Building recognition and appreciation through branding will cause exponential growth with palpable success.

The Gap Between Us

Generation Xers and Baby Boomers continue to be the back bone of small and medium size businesses. By now many have owned their business for 10, 20, 30 years or more. Their once thriving businesses seem to be suffering from what many think is simply a change is behaviors of what people buy, what they eat or what services they need. If this is you, a more important dynamic may be occurring that has nothing to do with the antiquation of your business product but more your antiquated method of reaching your target audience. 10 years ago advertising in the newspaper, on the radio or through mailers was still an acceptable tool for getting your product to consumers. Just 5 years ago, only 25% of internet searches were done on mobile devices, now that number is topping 75%, more depending on the product. Mobile devices are the navigation and steering wheel for consumers. Whether choosing a restaurant, buying a gift, a bikini, folk art or handmade jewelry, if you are not driving people to you, you might be driving them away.

Restaurant not on yelp? You probably haven’t seen anyone under 40 in a while. Don’t have a mobile enabled website, a company facebook page, Instagram or snapchat, click to call button or google reviews, then forced retirement is just around the corner. Don’t be fooled. People still like good service, great products, exceptional food and unique gifts. They just want it a little faster. The gap between the old way of reaching your consumer and the new is as wide as the gap between your programming skills and your granddaughters. Just this week I found a funky furniture resale shop I did not know existed. Finding it on a facebook post, I visited and now have a new favorite store. The owner said they had been in their new location for 4 months (I didn’t know they had an old location…) and had just started posting items on a local furniture facebook site. Voila. I have told at least 4 people about the lovely owner and the great hidden little shop. Stop resisting, and stop living in Denial. It truly is a very lonely place

Marketing That Touches Your Soul

Emotional Marketing

We are emotional beings. For good or for bad, everyone has an emotional core. In marketing, it is our job to tap into each person’s emotional core to drive the desired result. Similar to multi-sensory marketing, emotional marketing aims to tap into that emotional core on multiple levels. The more emotions elicited in one marketing campaign, the higher the enlightened rating and the more successful the campaign. Invoking emotions that are in line with the product and the message are as important as the smell of new leather in a luxury car combined with the piped in sound of the engine and the sleek feel of the control knobs. Tugging at multiple emotions simultaneously creates an undeniable emotional attraction to product, brand and message.

Consider the shopping experience in an Apple store. It is a sensory and emotional wonderland. You are greeted with a hand shake – touch; a pat on the back – touch and security; referred to by name – trust and confidence; encouraged to touch the products amidst the perfect bright white lighting – touch and sight; clean sleek tables and glass lines – touch, sight and smell. As your genius walks you through the new features – anticipation, surprise and joy. In one shop you have been inundated with 4 of 5 senses, and attained 6 core emotional elements. Is there any wonder Apple has been so successful?

Tapping into emotions and senses create a bond with your brand and your message. That emotional branding becomes brand love, brand loyalty and brand advocacy. Love, loyalty and advocacy translates into free advertising. And free advertising is money.

Marketing That Amplifies Your Senses

We all know our senses are commonly used in marketing. Adorable babies, bright colors in the logo or compelling scenery. Audio branding with a jingle that stays in our heads, a ring tone identifying the brand or even the roar of the MGM lion. Consider the distinctive smell of Hollister as you walk through the mall, for some a deterrent, for others a personal invitation or the wafting coffee aroma of Starbucks on any city street. Marketing strategies are increasingly pulling at our internal decision makers by tapping into our senses. But, with millions of sights, smells, sounds, tastes and fluffy things to touch how do you break through the legions of stimuli and make your product or service the stand out among millions? Subtle, multi-sensory, harmonious stimuli.

Consider Olay Regenerist, which is engineered to generate heat when applied. Although it serves no purpose in the actual effectiveness of the product, we “feel” like it is working. The same with the burn from your favorite mouthwash, not a necessity for effectiveness, but a sure sign germs are being obliterated, and a conscious choice by the manufacturer. Luxury cars added weight in the doors giving it that heavy, secure feeling when closed and the inundation of Coca Cola related shapes and colors throughout the American Idol series flat out made people thirsty. Adding multiple sensory elements to marketing campaigns not only heightens brand awareness, but increases brand loyalty.  Making those elements cohesive and harmonious will surely warm your heart and your sales (and taken with a touch of cinnamon, will appear even warmer)!