In my early days of marketing, I was an operational machine and proud of it. Too proud of it.
At the time I worked for an Asian networking equipment manufacturer, managed product and corporate marketing, product management, and customer service. I was given responsibility because I could simply do everything that was asked. All told, I had check list of 120 marketing task items that I managed, doing all of them on time and on budget while leading the company's marketing efforts from zero to millions in revenue.
I was doing a great job and executing on everything. I earned media placements, replaced competitors, and amazed my friends and co-workers with my efforts. With that success in my rear view mirror and wins that few people have replicated, I eventually realized that I was misguided -- and misdirected.
The constant lack of budget meant that my team constantly tried to do everything ourselves. We rarely hired contractors as there was little time to train them, and instead depended on overusing internal staff to design posters and print ads that were beyond our skill-sets. Worse yet, we did everything because the highest ranking executives said so.
Doing what I was told kept me employed, but it also cost the company untold revenues. Luckily, in the course of doing everything and interacting with customer and prospects, I gathered information about the real cost of marketing to our premium prospects. These prospects pointed out that we were absent from a few pricey marketing events that our competitors attended, but more importantly, the competitors at those events all had premium customer contracts. The events? Telecomm and Carrier association meetings. Our President had fit at the price of joining, but literally, within 3 months of paying the hefty fees and participating in the first events, we were in negotiations with a telco for a trial.
From then on, I stopped the team from doing everything, and focused on those things that had clear impact and actionable customer value. I was fortunate to learn that it wasn't all about effort. It was about impact and moving the needle.
Showing posts with label behavior. Show all posts
Showing posts with label behavior. Show all posts
Thursday, May 2, 2013
Tuesday, February 7, 2012
Simple or Complex - the waffle paradox and the not-so-easy answer
Seth Godin's "waffle paradox" is one of those topics that seems to trip up fast acting decision makers. After all, people like simple answers, they make great sound bites -- and who needs complexity?
On the other hand, as Seth Godin points out:
My response was "it's not that simple". I had a number of questions: Did he even know if there was a problem? If so, how large was it? Were there any signs of lost business? Would he really recover the $30,000 costs through increased sales? What would he really get for that $30,000? Did he get a free audit from any of the hundreds of SEO firms that will do free SEO audits in hopes of winning the business?
I worried that my response was too complicated. My colleague appreciated the list of questions, as they justified the uneasiness he felt during the SEO firm's pitch. He wanted nuance, but that would not have captured his ear. As it turned out, nuance had to combat simplicity. Of course, I had the context to ask the right questions.
So I don't blame the SEO firm for over simplifying in their pitch. Simplicity works - increase revenue, cut costs, don't leave money on the table. That get's my ear. On the other hand, simple may get you to the dance floor, but a business relationship is closer to a Tango with intricacies that are just more complicated.
On the other hand, as Seth Godin points out:
"Nuance is the sign of an intelligent observer. Nuance shows restaint and maturity and an understanding of the underlying mechanics of whatever problem we're wrestling with. After all, if the solution was simple, we would have solved it already."This goes back to a discussion I recently had over search engine marketing (SEM) and search engine optimization (SEO). The person I spoke with had been pitched by an SEO firm which told him that he needed to pay $30,000 to SEO his site to drive more traffic, close more leads, increase revenues, etc. It sounded so simple that he could just pour money on the unverified problem, and things would magically happen. The pitch was short, sweet, and direct -- AND good enough that the person asked me if it was worth it.
My response was "it's not that simple". I had a number of questions: Did he even know if there was a problem? If so, how large was it? Were there any signs of lost business? Would he really recover the $30,000 costs through increased sales? What would he really get for that $30,000? Did he get a free audit from any of the hundreds of SEO firms that will do free SEO audits in hopes of winning the business?
I worried that my response was too complicated. My colleague appreciated the list of questions, as they justified the uneasiness he felt during the SEO firm's pitch. He wanted nuance, but that would not have captured his ear. As it turned out, nuance had to combat simplicity. Of course, I had the context to ask the right questions.
So I don't blame the SEO firm for over simplifying in their pitch. Simplicity works - increase revenue, cut costs, don't leave money on the table. That get's my ear. On the other hand, simple may get you to the dance floor, but a business relationship is closer to a Tango with intricacies that are just more complicated.
Labels:
advertising
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behavior
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marketing tactics
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messaging
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PPC
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SEM
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SEO
Monday, October 24, 2011
Don't be correct, be accessible in your marketing message
I recently had a conversation with someone who discussed a "bifurcated costing model for predictive analysis" - and yes, I too almost glazed over as I heard this. While I may have the math and science background to understand that phrase, and it may be technically correct, there's a cost or penalty for using such an accurate description in communicating your idea or message.
I try to look at problems and solutions as a opportunity to explain it to my mother. Granted, she's pretty smart, but she has no reference point to the math or statistical phrasing involved in technical solutions I often have to explain. In fact, all she cares about is that there's a problem and I try to solve it. If she can grasp the problem because I explained it using accessible terms, all the better. I'll explain why this matters later.
Realistically, a "bifurcated costing model for predictive analysis" appears to have no bearing on everyday life, it's worth another look. While "bifurcated costing model" is mostly descriptive and sets context, the key phrase, "predictive analysis", has a real-world application in behavior. The result was framing the message as a solution - a way to help predict people's behavior during online transactions. It may not be perfect, but it gets to the heart of the matter.
Now why is that important? By using accessible language that my mother understands (or the general public can grasp for that matter) has led to connections, introductions, and even future business, as people quickly understood that I somehow helped people manage or improve the buying process. No one in their right mind would ask their network if they knew someone who did "bifurcated costing models for predictive analysis", but they might ask for a contact or reference to someone who might optimize or improve targeted behavior.
Labels:
behavior
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communication
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marketing
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messaging
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predictive analysis
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value
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word smithing
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