Just A Thought Or Two

February is the month for LOVE. I am pretty sick of the constant use of  “I ‘heart’ chocolate” or “I ‘heart’ foreign films” or even “I ‘heart’ you!” Can’t you just say the word, LOVE? Wouldn’t it be great if all of your customers would break into simultaneous voice singing, “I Got That Lovin’ Feeling?” Would make you feel pretty darn good about what you’re doing, right, even though I think if every single one of your customers says they “love” you, maybe you’re not pushing the limits of your offering enough.  Think about that one – although maybe that’s fodder for another blog post.

As a key component of every Strategic Marketing Plan I write, I like to interview several customers of my client to see not only what they thought about the “purchase experience” but also about how they first found my client and if they would recommend their products or services to others.

Recently, as I was contacting customers for my client, I ran across one who literally gushed love for my client’s work. Everything they did was “exceptional” and when I asked if there was anything specific she could say that would have made the experience better she said, “Absolutely not, they did everything I asked plus things I didn’t know to ask. I really believe in these guys!” Wow, nice testimonial huh?

This, of course, got me thinking about how to really leverage this recommendation, make it something special, bring out the human side.  How could I make this even more powerful than just putting her comments in a “Testimonials” section of the website.  Of course, Video!!

There’s no doubt about it, video has come of age and with the technology and software available to everyone, the price has gone down as well.  It is my belief that a marketing strategy which incorporates the use of relevant video, especially on the website, is and will continue to be successful.  Here’s why:

Why Video?

1. Pictures are worth a thousand words, videos are worth a million
2. It is a great way to put a human face to an inorganic thing called a “company.”  It is a way to show there are real people that work here.
3. If your customer is giving a testimonial, they are also real people with real problems that you solved.
4. It is a perfect way to incorporate storytelling.  Read my blog, “How to Use Storytelling in Your Marketing Message.”
5. Search engines, in particular Google since they also own YouTube, love video and now incorporate video into their “blended search results.” As Benjamin Wayne says in his article “How To Use Video SEO to Jump To The Top of Google Search Results,” Google will index 100% of all website videos and you are 53 times more likely than traditional web pages to receive an organic first-page ranking.

So, now we’ve determined that video should be something you implement on your web presence, but how can this be executed?

Executing a Website Video Strategy

1. Why not have a video of that incredible testimonial we mentioned above?  Give your customers a powerful way to show they love you.
2. Be sure that you are not “selling” but rather educating or providing content that viewers will value and want to come back for more.
3. Try the method of the interview, where someone off camera is asking questions.  The person on camera will likely be more at ease when providing answers.
4. Be sure to rehearse what you are going to say so it doesn’t ramble on
5. Be brief and concise. Keep the videos to 90 to 120 seconds, nothing more because no one has that much time.
6. Release new videos over time, not all at once, to derive the most search value.
7. Make sure that the videos utilize proper descriptive titles, proper keywords, a text transcript, links to related material and useful metadata so the video can be indexed by the search engines.

Come on, this is yours or your customer’s chance to be a star, use video to really boost your marketing message and get results.

All my best,

David

Your outsourced Chief Marketing Officer

It never fails.  Right after we ring in the New Year, they start coming out of the woodwork;  every possible kind of solution to the problem of how the holidays forced us to loosen our belt buckles.  Each claim is a “sure thing,” guaranteed to bring back the svelte and lovable you.  As they say, fat is not phat!

What a great analogy to an overweight marketing budget.  Why not use this time of the year to get out the magnifying glass and really analyze whether there’s not some areas of fat in your marketing spend that could be trimmed out?

1. Start with Yellow Page advertising. If you’re doing it, stop.  Nobody looks at that book anymore and landfills are full of unopened directories.  If you are addicted and are afraid you just can’t do that, then cut it to its minimum and see if your worst fears are realized.  My thinking is, nobody will notice and sales will not be affected.
2. Take a hard look at any print advertising or direct mail you’re paying for.  I’m not saying it’s not working but these are hard mediums to measure success on.  Consider using a unique telephone number or establishing a PURL for each ad.  What is a PURL you ask?  It stands for Personalized URL or many refer to it as a unique landing page on your website which corresponds exactly to what was in the print ad or direct mail piece.  Using your website analytics, you can then measure actual responses to your ads and can then justify the expenditures there.
3. Unless you have an incredibly extensive website with a shopping cart of tens of thousands of items, or the security of your website is mission critical, you probably shouldn’t be spending more than a couple of hundred dollars per year for hosting.  I’ve run across small businesses spending $500 per year!  There are some very good hosting solutions out there for under $80 per year.
4. Speaking of websites, if you are paying a webmaster to make each and every change that is needed to keep your website content fresh, that’s fine but there may be a better solution; it’s called a Content Management System and means that you can make those changes yourself without having to understand programming languages.  Now, this may not be for everyone.  Some business owners just don’t have the time or notion to do this.  But, if you want to save some money, this may be for you.
5. Pay close attention to the analytics on your email campaigns and websites.  It could be that you are spending a lot of money and time and getting no email opens or a ton of website “bounces.”  These events mean that nobody is paying any attention to what you’re saying.  Some changes and further testing are warranted.
6. Have a strategic marketing plan.  Lack of a plan is a sure way to end up going in a lot of worthless directions throwing money at anything that is shiny.  If you have a plan there is a purpose for everything you do.  You will have specific objectives associated with each activity and you can make changes quickly as needed based upon measurable results.

It’s time to get that marketing budget fit and trim.  Don’t wait, because just like last year, 2011 will fly by and before you know it, we’ll be looking at 2012.

All my wishes for a prosperous New Year, and if you feel like you could use a “marketing trainer,” let us know, we would love to help.

David

Your Outsourced CMO

Let’s take a good look at Santa Claus.  Here’s a guy who has been in business for hundreds of years but when you look at his Business Plan, it sure ain’t pretty!

• First of all is his location. There’s no way he could be a “destination based” business, who in the world is going to want to travel to the frigid North Pole.
• Next, he’s obviously not too concerned about profits, since he gives everything away!  How he’s able to do this and sustain his business I’ll never know.
• He’s quite overweight, which means he’s probably paying a fortune in health insurance, especially to cover all of those workers.  When you look at his rosy cheeks, you just wonder whether he’s a heart attack waiting to happen.
• I’m not sure how he’s been able to avoid the unionization of his elves.
• He has been offering the same products and services since his inception.  Most business plans require some modifications and adjustments to account for changes in customer demand.
• You wonder whether he has updated anything from a technological standpoint, since he is still cruising around in a sleigh drawn by reindeer.  Has he not heard of the internal combustion engine?
• He still keeps his database of “naughty” and “nice” children in a large book.  Does he have something against computers?
• Talk about stress!  He waits to deliver all of his products during one twenty-four hour period.  Most businesses try to level out the peaks and valleys.

Since it’s obvious that his Business Plan leaves a lot to be desired, perhaps we can help him with a Strategic Marketing Plan that will take some of the pressure off and insure that his business continues to grow.

A.  We have to begin with the GOALS of the plan.

• Since Santa Claus holds the market leader position, first and foremost, we want him to retain that leadership position and remain “top of mind.”  This will probably entail specific tactical actions to counter any competitive threats that may come.
• Another goal would be to maintain the current level of demand as measured through the number of requests coming via email and snail mail.  This should include the website where an accurate measurement of conversions and requests would be possible.
• Third, since we want to ensure long-term growth, a continued strategy of reinforcing market awareness will be necessary.  This could be measured through comparison to population growth.  Market image and perceptions could be evaluated based on target market survey results.

B.  Next we shall examine DEMOGRAPHIC and MARKET TRENDS.

• The target market continues to be children ages 2 through about 12 and who have been good for the last twelve months.  However, we cannot ignore the parents of this target market as they will be strong influencers and can help to drive demand.
• Since we have seen a decrease in the population size of the target market, it will be necessary to examine markets outside the traditional service areas.
• As we move into new market areas, we may experience a shift in the kinds of products demanded, focusing more on staples like clothing, shoes, food and basics instead of electronics and toys.
• The “viral” nature of communications by the target market through social networks can be expected to continue.

C.  No Strategic Marketing Plan is complete without a S.W.O.T. ANALYSIS

• Strengths
  • Santa Claus was first to the market
  • There is a high level of market awareness
  • He holds the leadership position and significant market share
  • Santa has the manufacturing capacity and a strong work force
  • He has a solid track record of reliability and quality
• Weaknesses
  • Santa is technologically behind the times
  • He probably lacks the capital for an extensive marketing push
  • We cannot be sure of his succession plan should something happen to him
• Opportunities
  • New markets could open much larger demand
  • His concept of giving could spread to those outside the target market
• Threats
  • We must assume a strong competitive threat as “copy cat” Santa Clauses attempt to steal market share
  • There is the potential that the target market could stop believing

With this plan in place, we can now start to chart the Media Calendar and Marketing Spend which we believe will drive the results that will help Santa Claus achieve his short and long-term goals.  It will be necessary to periodically measure results and make adjustments to ensure success……………..

I have had a lot of fun with this post and I hope you have had fun reading it.

My sincere wish during this season and year-round is that since we all live together on this tiny planet, that we find a way to “Have peace on earth and goodwill to all mankind.” Let’s all do our part to make this a reality.

All my best,

David Soxman

I know I’m going to show my age here, but in 1970, Ryan O’Neal and Ali MacGraw starred in the movie “Love Story” and there was the line where Ali’s character said, “Love means never having to say you’re sorry.”  At the time, this line took on a life of its own being adopted, reused, rehashed and thrown around as if it were something sacred.  But as I’ve grown older, I’ve come to consider it one of the most ridiculous lines I’ve ever heard.  The simple reason that we are human and therefore by nature certain to make mistakes, means it’s absolutely critical that we own up to our mistakes by admitting we were wrong and apologizing, especially to the ones that we love.

If we consider our customers to be important to us, and I would think that since they pay us money for what we do, they are, then shouldn’t we wish to please them by admitting that we made a mistake?

This is why it certainly caused me to think twice after reading an article by Neil Berman, writing for Email Insider who wrote about “Our Love Affair with Apology Emails.” In his post, Neil talks about receiving “heaps” of apology emails over seemingly trivial offenses, and that perhaps the companies sending them were either afraid of being “outed” by their customers on the social networks, or it was some false sense of self-importance almost egotism, to assume that the mistake was significant and made a difference.

I believe there is a real danger in what Neil is proposing.  Yes, I believe that if you say you are sorry constantly it becomes disingenuous or hallow, kind of like the boy who cried wolf too much.

Where I believe Neil is straying into a tricky area is by implying that we marketers know so much about our target audience as to be able to determine what is or isn’t important to them.  He cites the example of receiving a birthday coupon when it was not the correct day and receiving an apology, oh “how offensive,” but Neil, that is your opinion.  Does something have to be offensive or as grave as releasing financial or sensitive information to warrant an apology?  Where do you draw the line as to whether something was offensive?  Aren’t you taking a very real risk of the dreaded “unsubscribe” when we marketers are always striving to build our lists of suitable email candidates?

Now, Neil might say that if this person is so sensitive that they unsubscribe at the slightest provocation they are probably someone we want to glean from our list, and in many respects he would be correct.  But again I say that to make the assumption whether a mistake was or was not important to an individual is fraught with problems.  Why take the chance, when a well worded apology could make all the difference in the world to that individual.

I don’t mean to bash on Neil’s article too much.  He has 5 very good guidelines to follow for every apology email.

I’m sure there are multitudes of opinions on this, so I imagine the debate will go on.

If you struggle with the right kinds of messages in your emails and need help, drop us a line, we’d love to help.

David

Your outsourced Chief Marketing Officer

The trusted advice of an age old sage has been the stuff of many a story, from those seeking the meaning of life, to the love lorn wondering whether cupid’s arrow has struck true.  There’s something comforting in the gray-haired wise man whose experience and insight make us feel good that what he tells us is the truth and can be trusted.

The stigma that age carries in our society is a very complex issue and even varies from region to region and country to country, however I think everyone can agree that as we get older, we view things in our surroundings in a different light.  Our experiences color our perception of what our senses tell us and we in turn draw conclusions that may differ substantially from what we once thought when we were younger.  This is especially true when in comes to the kinds of marketing messages and advertisements that capture our attention, and according to the results of an Ad Week/Harris Poll study, it is our age that is a large factor in whether we believe and trust those ads.

This caused me to think again of the importance of segmenting your target market, particularly by age.   This would include your email and direct mail lists, allowing you to take full advantage of the differences in perceptions to adjust your marketing communications accordingly.   Since Ad Week’s research indicated that one in five adults age 55 or older never believe that advertising is honest, versus one in ten adults age 18-34, it is imperative that you find a meaningful way to build that trust relationship so your message will be believed.  Otherwise, you stand the distinct chance of wasting your precious marketing dollars.

I attended a webinar recently about how you can improve your marketing Return On Investment by combining the data you gather through your email marketing efforts and the information you have in your Customer Relationship Management system (or CRM).  For those of you unfamiliar with the benefits of CRM, some would refer to it as a sales automation tool, which is certainly true, but is really only a tip of the iceberg.  Your CRM can be an absolute gold mine of information about your customers activity which can in turn help you in predicting the behavior of those who are currently not a customer but could be.

Your CRM system can be instrumental in helping you segment your lists as well as your target market.  What caused your current customers to trust you enough to believe your message and buy from you?  What incites can be harvested from the notes taken by your customer service representatives helping with call-in inquiries?  What feedback can the sales team provide on leads that have been sent to them to be worked?  How can you use this information to tailor your marketing message so not only is the timing correct, but the message is believed?  How can this data be useful for real-time testing to drive better results?

This is just a brief look at CRM benefits which could be a post all by itself.  If you feel you lack the time or expertise to explore this critical business tool, drop us an email, we’d love to help.

Regards,

David

Outsourced Chief Marketing Officer Services