“marketing strategy”

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A few weeks ago, Social Commerce Today published an article about Taco Bell’s struggles to effectively utilize Facebook with their social media tactics to drive traffic to their stores. Their offer for free tacos for 6 million fans only reaped a 3% response rate. So much for the old adage that anything with “FREE” in the offer motivates buyers.

On the other  hand, P&G sold 1000 diapers in less than 60 minutes on Facebook. Free vs fee, and fee wins? What gives?

The author hit it on the head when they noted two major obstacles:

1) The Taco Bell offer lacked the offer of convenience. One had to actually get in their car and drive to Taco Bell to get it. Apparently in our increasingly couch potato society this constitutes hardship, and whether you agree with it or not, that’s the reality.

2) There was nothing exclusive about the offer. Taco Bell’s free taco was the same product one could get for 99¢. Not a big price differential especially since one had to print off the coupon to get the free taco. P&G’s diaper offer, on the other hand, was introducing a new product that could not be purchased anywhere else.

Social media is just as much about being exclusive (in terms of info and offers) as it is about being inclusive (dialogue with the public).

The takeaway? To use social media such as Facebook to motivate consumer behavior, make it easy, make it quick and make it exclusive.

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I have noticed an uptick in some of the marketing forums I review, where debates about defining  social media are taking main-stage.  What’s interesting is how long we seem to have been talking about this “new trend”, although I would propose that this does not really qualify as a “trend” any longer; it’s part of our daily experience.

Consider it was only a few decades (and several questionable fashion trends) ago that there was no such thing as TV advertising. Today, TV advertising is not discussed as separate from marketing, it is discussed and evaluated, (along with all other promotional options), as one part in the potential marketing mix for a client. It seems time to make social media more like that.

Rather than create entire plans around only social media, or talk about it as an add-on, it would seem more beneficial to clients if  we simply treat social media as one more marketing tool, evaluated for how it can help the client along with every other marketing tactic. Social media, broadcast  tv and cable advertising, radio, outdoor, direct mail, e-blasts, websites, blogs, tweets, facebook, interactive, display – the list grows, the opportunities increase. The challenge is selecting what works best for clients, not just relying on the latest trend, which in the end, may very well be the right tool.

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A friend sent these to me and they feature European product bags. I love how these are made to just be fun, attention-getting, but also used for cause-marketing. To whomever created these – great concept!

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These were the wise words from a respected boss years ago. He was speaking to the issue of improving sales, but as Omni advises clients on marketing integration WITHIN the workplace as well as outside of it, we find this maxim to hold true as a leadership goal. When leaders can keep ‘their face in the place’ and engage their team, it can reap big rewards.

A recent article in the Harvard Business Review supports this, and explains that it is not just about in-person, all-staff meetings, but reaching out in a variety of ways to help keep the connection between leadership and staff strong. Some ideas include regular emails to staff from senior team members,  a leader’s blog or tweets, and just being present in the place and acknowledging the team. Maximize those marketing moments, and remember, those moments can be small but mighty!

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I read an interesting article this past week by Matthew Boyle in Business Week (“The Accidental Hero“) about a Subway franchise stumbling upon a great sales idea and the process they undertook to take the idea to upper management for use in a national launch.

The intriguing aspect was the guerilla-style marketing approach of the franchisee to handle the challenge of a sagging economy and slow sales by simply reducing their footlong sub cost to $5…  For his insight, he and other franchisees who followed suit achieved record sales, increased profits, productive staff. Sounds good, right? An easy sell? For the public, yes. Long lines at the stores to get the sandwich.

It took a little more convincing of the franchise leadership before being rolled out nationally. Certainly the process defied many standard marketing protocols – no research to back up the program rationale, advertising campaigns that came after the launch of the sales promotion in many locations, not one that coincided with them. And yet, it has propelled the chains’ sales into the stratosphere. Partly because the franchisee was willing to take a risk, and while he did not conduct exhaustive studies first, he did comply with the first golden rule of marketing – KNOW YOUR AUDIENCE. He knew that an inexpensive sandwich you could share with a friend or save half for dinner later was a novel but realistic way that consumers are saving money in a slumping economy.

Sometimes a good idea is just that – a good idea. While I am the first to promote marketing as a tool to grow business, and spending time making a strategy, you have to have a good product AND a good strategy to make it work. And no amount of scientific analysis will make a bad product sellable. No amount of creative, ground-breaking advertising will make a bad product succeed over time, especially if the ad concept is more intriguing than the product. (Think of most Superbowl ads — memorable ads, but what were they selling again?)

Kudos to Subway for coming up with a winner, despite the novel approach to getting there. And uber-kudos to the franchise owner (Stuart Frankel of Florida) who followed his marketing instincts without all the hoopla.

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Recession, sell-offs, layoffs, closings, bailouts – is it a reason for businesses to despair or an opportunity for a second chance? It is often said that Americans are by far one of the most optimistic cultures on the globe, although it would not necessarily seem that way if you polled a few friends these days. But even with the prolonged negative news, at some point we just have to say, “Okay, enough of this, let’s pick up the pieces and get things back on track!” It does not mean instant success or magical profitability or zero unemployment. It just means putting on a new attitude and a creating a reason to keep plugging along.

Most business owners have experienced painful operational trimming and tough decisions in the past year. I have heard clients and other business owners discuss their tactics to refocus, shift their processes and alter methods for business development to keep up with the new dynamics of doom and gloom. It is hard to keep the proverbial stiff upper lip when you are bombarded with messages about the seemingly endless consequences of financial failures. Marketing, like all service businesses, tends to be a line item that is initially vulnerable to being cut. However, strategic-thinking clients see it as a tool to help them achieve stability and loyalty even in challenging times.

So, what does this mean for marketing and business? Absolutely everything. It means that once we recover from the constant barrage of this new world of cutbacks and lagging economic indicators, businesses have an opportunity to emerge stronger, more attentive, and more focused than ever before. Maybe budgets are being trimmed, but being cost-efficient and strategic in spending marketing dollars is always a good idea. Maybe it is a little harder to figure out what customers want now, but it is beneficial to determine what customers really need from you to help align your business and investment of time and resources.

Focus, strategic planning, consistent messaging and dedication to customers– these are all cornerstones of successful marketing.

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lifesaverOne of my new marketing colleagues, Steve Dilley (a motion graphics designer) recently sent me a link for a video that showcased a young (well, young by my terms) designer from Poland who has made incredible changes in the communications field in eastern Europe. Jacek Utko is a Polish newspaper designer whose revamping of newspapers in Eastern Europe  have not only won world renown and awards, but have also helped increase circulation of those publications up to 100%. His discussion is “Can good design save the newspaper?”

Jacek has transformed boring, unread newspapers in the former Eastern bloc, by the redesign and re-thinking of the content. These papers have achieved STELLAR increases in circulation (translation: more money).

Design saving a media tool? Design saving a business industry many have said is beyond saving? In Bulgaria, Estonia, and Poland? Something to ponder – how smart strategic marketing and design is changing the fortunes (literally) of business. We hear a lot lately about major newspapers failing in the U.S.  Just wonder what would change if really innovative and smart design with marketing entered into the prescription.

“Design coherent with strategy and content can be used as a tool to completely change the product, the process…” Wise words from Utko.

Utko notes that design was only PART of the process. He explained how he borrowed from Architecture regarding how form and function make a strategy (hey, there’s that ‘strategy’ word again!). The story itself is worth watching – it is inspirational if nothing else. 

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Marketing during economic downturn

When Economic Fears Press In, Marketing Can Shine , By Jill Schuller

Show me a business that is thriving without any anxiety in this current economy, and you will find a goldmine of eager investors at the door. The truth is every industry – retail, service, commercial, manufacturing – has been impacted in some form over the past several months. Whether you believe the reactions are fear-based or real is irrelevant. What is real is that we have decision-makers reluctant to make changes or move forward into the unknown because their customers are reacting to the economic fears.

We can all admit that the downturn brings thoughts of doom and gloom to our dreams at night. However, as in any downturn – yes, even the Great Depression – there are positive changes and inspiring ideas afoot.  

Fear creates only two responses (c’mon! remember 5th grade science?) – “fight” or “flight”.  While a business owner can bemoan the dollars lost by ignoring the problems for so long, they should instead look at the reality of the moment, and address the necessary corrections now.  For those still in the game that are fighting, the economy by now should have polarized your strategy, brought incredible clarity to what is important, and what is fluff in your business. 

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