Friday, November 25, 2011

Measuring Honest Responses, Honestly

I was wallowing in the word use; “measureable marketing campaigns”, “customized engagement”, “tracking leads”.  These descriptors that you lavished in your job description all resonate with my beliefs and my competencies in defining your customer as key to business growth.  Then you mentioned an understanding of NPS scores.

I know about them.  I worked with GE and I own the stock.  So you are aware of the controversy over the “likely to recommend question” as an accurate predictor of business growth.  Also I’ve personally tested, granted a while ago in graduate school, the 11-pt variability scale used in this testing and didn’t find it as accurate as the 7-pt Likert scale.  But the list of other variables that impacts results goes well beyond 11-pts into self-report over oral report; individual environments over group and so forth.

At the end, I will give you that NPS scores are a generally acceptable method of translating human response into business action.  Key here is acceptable and business action.  (When I’m asked to recommend a strategy my preference is to develop a road map from research first.)  So yes, I could make that work.

An obstacle to your initiating dialog with me won’t be my research acumen, ability to engage the customer, or deep marketing experience.  But it may be that most of what I know about luxury goods comes from experience with this consumer segment in the financial services community and from hanging out with rich people, primarily a very few selected family members and friends.  If only my work experience included fabrics, fashion and design, I could drop a brand name here like Verace, Gucci, Chanel, Perry Ellis (Tom Ford).

Oh well, take a look at my resume, I’d love to speak with you about this very large and exciting opportunity.  Best to call me on my cell.  Chow!


Friday, November 18, 2011

It's About Content, not Advertising.

I have been thinking about your cost per lead.  One thing about "new marketing" that's apparent is that it isn't about TV advertising, it's about content and video. A lucrative focus for you might be to determine what your customers are interested in and create video around that topic. 

What's going to grab attention?  That's a question that deserves first a focus on who you want to pursue and some research.  But let's say you pick skateboarding to capture a young demographic and let's pick YouTube as the chosen marketing channel.  I'm not suggesting viral video because you're better off playing Powerball than waiting for your clip to take off (48 hours of video are loaded every minute).  So you'll want to buy some search ads which go for $0.50 per click. You don't have to sink a fortune.  Just be sure your content is relevant to the search term since Google bases the ad's position on that relevance.  

Being thrifty?  Instead of using your Madison Avenue ad agency to determine what's working (they're likely to use focus group testing), take advantage of the comments your viewers will write below the video.  Granted, many will be colorful (+/-), but some will have insights.  Also there's technology that lets you see when people are tuning in and out of your video.  A/B test by running two versions of your clip as an Unlisted Video backed by search ads and then see which clip gets the better response.  And, there's Google Analytics, one of my favorites. 

If you're spending money on YouTube ads, you'll want to track the ROI, which despite the fact the YouTube is 21st century digital and cutting edge, the tracking is a bit challenged. But there is a method and let's face it, there's no point in trying this if you can't gauge eyeballs.  

At the end of the day, you'll want to position yourself as an expert in your field.  This is where the skateboarding example comes in.  The Original Skateboards brand has been built largely on its YouTube presence (even over Facebook).  I've attached a video (below) which you may not find that entertaining, but the skateboarder-want-to-be's out there not only watch but study the moves.  Besides YouTube, other online more traditional "broadcast" alternatives include ABC, NBC, CBS, Comedy Central, and the Daily Show.  All places which deserve testing of your 30 second ad variety since if you're not there you're missing eyeballs.

The key rule to remember is that it's not about advertising.  It is about creating content that helps or intrigues people, that people connect with and then they connect with the source, and that's you.  

Video:  Original Skateboards
To Erika, competency is the thrill.

Friday, October 28, 2011

A Few of My Favorite Things

So besides that song from the Sound of Music running through my head, are you humming it too?  Here are a few of my favorite things.  First, there’s chocolate. Really chocolate in any form makes me happy.  I love eating it whether its chocolate mousse, chocolate cake, or chocolate candy.  As a result I find true strength isn’t being able to break a chocolate bar into 4 parts, but being able to break it apart, eat one piece and walk away from the rest.

Tidy data is next on my list.  I know it sounds crazy but I have, during my marketing career, been responsible for building and cleaning up databases.  The ones I like the best, that always make me smile indulgently, are those dirty databases, no NCOA, no de-duping, names and addresses filled with errors that I have successfully fixed.  When data is tidy, the sales results can’t help but make everyone smile.

Last on today's list is good friends.  These are the friends that you can say anything to and they don’t judge you, they just take it in.  They may be friends that you don't see for a long time, I mean years, and yet when you get together it is like no time has past at all.  I only have a few of these special friends and I treasure each one.

So when I'm challenged by my job search, or my family or the balance in my check book, and feel down in the dumps, I simply remember, ... well, you know the drill, "when you get down to the bottom of the barrel, you just float back on top!"


Dedicated to Leslie, Rick, Sarah, Bill, Heather, Joan and my girls!

Thursday, October 27, 2011

Oh My, Marketing Has Changed!

Yesterday's Marketing
Today's
Truth
Remarkable
advertising sells
Remarkable
products are bought
You can target
consumers
Consumers
target you
Seduce
the market
Honesty invites and wins customers
Marketing
is about control
You never have
control
Your time, your place, your message
Consumer's time, place and content
Push
your message
Engage to get
their pull through

Saturday, August 13, 2011

A Letter of Intent

It was a box too long, shallow, and heavy to carry easily and I was reverently attempting to deliver it safely across campus. Reverently because it contained the several hundred punch cards I had keyed. It was 1972 in Illinois where they have fields of sunflowers, all you can see for as far as you can see. Pure magic. I believe in magic but I also believe in finding it in results. So I was negotiating my way towards the computer building. I had an appointment to discover what these cards would reveal about the communication proclivities of the college students who had completed my master’s thesis questionnaire.

It was a walk that became my journey; a lifetime of trying to get people to react, do, and buy what I wanted when I wanted. Sounds presumptuous, doesn’t it? I did/do mean well. I have this fantasy of being able to make the “world” better. That communication brings understanding.

So no surprise, my calling is marketing and I’ve been making that trip between the communications building and the computer lab for about 35 years (ouch). What I’ve learned is that marketing projects almost always require IT support, an experience that is like bringing together, without an interpreter, tourists who speak different languages. There is lots of hand gesturing and head-shaking.

My own attempts translate into: I know enough about technology to get myself into trouble. On the job, working with what seems to be always outdated database management systems, struggling with not enough IT resources, getting a vision of what might be and then trying to enlist people in different areas and other companies, to make the idea a reality. Being told “No, it can’t be done”, never really understanding why, secretly believing there’s a lie involved.

Working in direct response marketing, I’ve learned how to build databases, test creative concepts, offers, and customer segments. I’ve even led a team to develop programming and launch a product that was scanned and activated at the cash register. With the development of social media channels, I’ve recognize the opportunity to engage customers in new ways. I also discovered that in this online arena, much of my direct response experience is helpful. For example landing page A/B testing, pay per clicks, Google analytics, these are all focused on measuring and interpreting response. It seems that “measurable” marketing is now all the rage.

The sum of my intentions is this: that as well as I know direct response marketing, the lands of information science are on the outskirts of my maps and there’s this warning: Beyond Here, Be Dragons. But I’m not easily deterred.

I see a growing need for marketing managers, like myself, to bring high competency in technology to their strategic marketing work. I want to be that marketing expert that can meld these two disciplines, marketing and technology, into a seamless communication solution; a solution that delights and then motivates the consumer. Can you help me?


Postscript:  I've been accepted at Penn State and I'm now getting my Masters in Information Science.  I'm excited to be on this journey.  

Sunday, May 1, 2011

Build Your Marketing Plan on a Wall.

In my personal life and when I'm working with a client or on the job, I've always found that having a plan, in my case a marketing plan, is essential. Over the years I've gotten into the habit of building these plans on a white board or a bulletin board. Really, any place where I can step back to take a comprehensive look and where my friends, or clients, or co-workers can get a gander as well.

Here are five good reasons why you should build a marketing plan on a wall:

#1: A strong marketing plan directs your focus and keeps you on a clearly defined path that ensures you make the most of your effort and your budget.

#2: A strong marketing plan forces you to articulate concrete, measurable objectives so you, and the decision makers who make staffing and budget decisions, know what you are working towards and make the right decisions on how to get there.

#3: A strong marketing plan provides a definitive means of tracking progress against stated objectives.

#4: A strong marketing plan is an all-organization responsibility. But to engage your colleagues and leaders you need to be able to show them what you’re doing and why.

 #5: A strong marketing plan makes it easy to draft your day-by-day work plan. By breaking down the big ideas that comprise the master marketing plan into nitty-gritty execution, you clarify each element for your work plan and define roles and responsibilities. As a result, you’re able to focus on priorities and capitalize on each member’s skill set.

I'm just starting a plan at my new digs. But just in case you don't believe me, here's a snapshot of part of it. Do yourself and your organization a favor. Take these simple steps to heart and make time to develop a marketing plan. As you're building it, post it on a wall (virtual or not). The input you receive from staff and leadership and the results ($) will be worth it!