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Entries Tagged as 'Marketing'

What do consumers want from brands?

April 24th, 2013 · Customers/Clients, Marketing, Psychology, Trends

PromisesThat’s the age-old question, isn’t it?

When you think about everything we’ve experienced in the last decade and a half – from the Y2K scare to 9/11, Iraq and then the recession – no wonder that a certain level of insecurity about the future has become a permanent part of our psyche as we ease into 2013.

What today’s consumers want most today is security and contentment. No doubt these wants are being shared by people’s economic outlook and circumstance, which most categorized as uneasy.

Interestingly, here are some other key needs that our consumers expect brands to help them fulfill. If you can help make one or more of these needs a reality – you will earn their business and their loyalty.

Security: Food, shelter, keep my house, increase my savings, bolster my retirement plan, a corporate job, being part of a movement but not a sole anarchist

Control: Frugality, effective money management, black and white answers that come from scientific pursuits, own business/entrepreneurship, self reliance (especially younger Millennials)

Consistency: Stable employment, stay at college, complete college

Proving self-worth: Value through charity work, striving to get promoted, finding a way to leave a legacy (Baby Boomers), training/learning something new rather than leisure time, constant resume buffering (especially Millennials), aggressive pursuit of success (older Millennial males in the US)

Honoring my needs first: Protecting my health, making healthier friendship and relationship choices, spending more time with people who have my genuine interests at heart, valuing private information more (Millennials)

Respect for others (but only if they show respect for me first): Rejection of greed and self-serving society as demonstrated by governments and corporations, helping others through volunteer pursuits

Liberty: Personal independence, time for me (Baby Boomers), take control of my investments (Baby Boomers), not oppressed/restricted by others schedules or technology

Progress: Pursuit of scientific invention and learning, further education, choice of foundations, supportive of organizations who take society forward in some way

Both Millennials and Baby Boomers believe leadership brands that are sincere and transparent have the ability to encourage them to bring out the best of themselves and progress society. In the absence of strong government and other institutional leaders, people anticipate, and may even demand, that brands step in and play the role of cultural reformers.

Here’s my take on this. Our marketplace is asking us to be much more than a seller of stuff. They’re expecting us to step up and inspire our internal team and our customers to work together to take charge of the problems facing our world. Think of it as corporate social responsibility – but on steroids. It’s not enough to write a check anymore – we have to also be willing to give our ideas, our passion and our sweat equity.

Think about how this might change the way you communicate about your company and the work you do. Think about how you could build a community of raving fans who don’t just talk about what you sell but more important – talk about what you believe.

Interesting times ahead.

 

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Marketing is getting the details right

April 15th, 2013 · Marketing, Strategy

Marketing is getting the details right.  And its always the simple things that companies mess up.  Lt me give you an example.

As you may know, I travel quite a bit. I’m a big believer in maximizing my travel by being a loyal brand consumer…which gains me status, points and makes my travel life easier and more convenient. I try to only fly United and whenever I can, I stay in a Marriott hotel.

That affords me sort of an insider’s view of both of these businesses but still interacting with them as one of their frequent consumers.

We’ve talked before about the value of seeing your business through your consumer’s eyes and I had an ah ha moment while staying in Nashville this past week.

Because I stay in a lot of hotels, I notice card keys. I’m fascinating at how different hotels use those card keys as marketing tools. Some sell it as advertising space to the local pizza joint while others use it as a brand platform, putting a beautiful visual on the card. I equate the quality of the hotel to the beauty of the card. When I stay at a Comfort Inn or Fairfield Inn — I get pizza coupons. When I stay at a Westin — their cards are a work of art they’re so beautiful.

platinumcardWhenever I check into a Marriott, I get a card that looks like this. The word elite indicates that I am a member of their Marriott Rewards program and have achieved their highest status level — platinum. As you can see, the card is pretty bland but it clearly is the platinum color…to signify my member rank.

Seems sort of dull, doesn’t it? It hardly says high end hotel to me. But this hotel is Gaylord‘s Grand Opry — a very high end hotel. By accident, they made me a “regular” key card too.

fancycardLook at how beautiful it is. (I was in their Magnolia wing) But Marriott assumes that the bland but “prestigious” card is what their most frequent customers would prefer.

I have often thought — “I wonder why Marriott has such ugly key cards compared to other higher end hotel chains” Turns out — they don’t. They just give the ugly cards to their best customers.

Here’s my ah ha moment — how often do we assume that we know what our best customers want? I’m sure Marriott thinks they’re stroking my ego by giving me the special platinum key card. But I assumed everyone got the ugly cards and I didn’t even notice that it was geared towards their elite members.

In my daughter’s college town, there are no Marriott properties so I just stay at either a Comfort Inn or something like that. Even their keys are more interesting than Marriott’s and every time I check in I think, “why can’t Marriott do better keys than these guys?”

Now I know. They do. They just don’t give them to their most frequent customers.

Is this a big deal? Absolutely not. But — that’s what marketing is. It’s the details. Most businesses get the big stuff right so how you differentiate yourself is in how well you handle the details. In my opinion, Marriott missed the boat on this one. Later this week I’ll show you a hotel that didn’t miss a single opportunity to build and highlight their brand.

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What it takes to create a successful email campaign

March 7th, 2013 · Marketing · No Comments

Email.  We hate it when our inbox is overflowing but we love the possibilities as marketers.  Email flows freely (sometimes too freely!) and because of that, I think we sometimes take it for granted.  We assume it has magical powers of some kind….and so when we want to reach an audience — we just fire [Read more...]

Actually, it’s isn’t all about you

February 7th, 2013 · Magic of Disney, Marketing · 6 Comments

At a recent jaunt to Disney World*, I found a great marketing reminder for us all.   Right in front of the brand new Gaston’s Tavern in Fantasyland, there’s a huge statue of…no shocker, Gaston. (For those of you unfamiliar with Beauty and the Beast — shame on you!). In front of the statue is [Read more...]

Bring your marketing to life

February 1st, 2013 · Marketing, Media, Strategy · No Comments

For the past decade, we’ve been talking about experiential marketing. It’s not enough to create an awareness of your product — you need to, when you can, connect with your consumers (B2B or B2C) in as tangible and memorable a way as possible. So it shouldn’t really surprise us that TV spots are literally living [Read more...]

The new phone book is here — where’s yours?

January 17th, 2013 · Marketing, Media · 9 Comments

Normally at MMG, we caution clients to be careful of the “I don’t listen/watch/do therefore neither does my target audience” trap. We usually do not represent our target audience and even if we are like them — there are plenty of exceptions to the rule.  And sometimes the exception is you! But in this case [Read more...]

Are you ready for the attention?

January 8th, 2013 · Business owner/leader stuff, Marketing, Strategy · 14 Comments

Let me paint you a picture. You have a new product that you’re bringing to market in the next 60 days. You have the opportunity to showcase this new product at the world’s largest and best attended trade show for your industry. You showcase the product and within hours — you have over 45,000 stories [Read more...]

Five trade show mistakes to avoid

December 13th, 2012 · Marketing, Sales, Strategy · 4 Comments

Mistake #1: Not having a pre-game plan. Trade shows are one of those things that sneak up on you. You’re going to have to be out of the office for a few days, you need everything shipped in advance and you’re juggling your regular work. But the prep work should be done months in advance, [Read more...]

Could your marketing strategy benefit from an outside audit?

November 30th, 2012 · Marketing · 2 Comments

Drew’s note ~ Here’s some practical advice from the folks at Simple Machines Marketing and we couldn’t agree more.  We often start our engagements with new clients with an audit like Charlie describes: As a marketing strategist who works directly with clients, I’m very familiar with the frustration businesses feel when it comes to marketing. [Read more...]

5 Marketing To Dos to get done before 2013

November 28th, 2012 · Business owner/leader stuff, Marketing, Strategy · 13 Comments

This is the time of year where work grinds to a halt. We have another two weeks or so before the holiday frenzy, parties, hangovers and the general professional apathy creeps in and productivity becomes a dirty word. But don’t give up hope yet.  I think there’s still a few things we can get done [Read more...]