Showing posts with label marketing. Show all posts
Showing posts with label marketing. Show all posts

Tuesday, November 19

Marketing Integration: Times Are Changing; So Is Education

Integrated Marketing Communications
Total global advertising placement is projected to exceed $716 billion next year, with as much as 70 percent of that total (exclusive of production) is being spent in North America. Marketers are investing more than 25 percent of this mix in digital advertising and social networks, and almost half invested in websites, branding, and strategy. 

These were the same kinds of numbers I considered a few years ago as enrollment in the Public Relations Certificate Program at the University of Nevada, Las Vegas (UNLV) began to evaporate. Fewer and fewer working professionals were interested in a certificate program that seemed to exist within a vacuum, especially as public relations worked overtime to "own social" and thereby became owned by the strategic arms of marketing and communications.

While some saw the decline as waning interest in communications, I saw it as an inevitable shift away from public relations and toward integrated marketing communications‚ a field of study that was better equipped to address the challenges presented by digital advertising, social networks, shifting media patterns, and divided consumer attention. Yes, public relations in its purest form can still be invaluable, but continuing education students need to consider something more practical.

Retooling Integrated Marketing Communications at UNLV

For the better part of a year, several respected communicators in the field have been working with UNLV to develop what the next generation of integrated marketing communications might need. The resulting pinpointed four core classes and a variety of electives that could introduce or upgrade new skillsets for working professionals and small business owners.

Fundamentals of Integrated Marketing. Examine the core elements of integrated communications, including marketing research, segmentation, positioning, branding, analytics, and promotions.

Digital and Social Media Marketing. Learn key concepts of on- and offsite SEO, paid search marketing, online advertising, web analytics, email marketing, social media marketing, and online reputation management.

Consumer Behavior & Market Research. Examine why consumers behave the way they do and understand the practical marketing implications of that behavior. Use advanced market research methods to inform decisions.

Writing & Content Creation for Marketing. Communicate effectively by mastering the varied skills necessary to write for departments, businesses, and organizations across a variety of media.

While there about a dozen electives to support these core classes, these four provide enough of a foundation for those hoping to enter the field, those keeping up with trends, or those attempting to define their marketing budget. (The average successful company, by the way, invests 6-12 percent of their revenue into marketing.) And it's my hope anyone who enters the program will learn how precise, consistent, and persuasive messages to the right audience at the right time.

Once they have a foundation, professionals are always in a better position to discuss where technology intersects marketing and communication. In fact, just by looking at the twelve skill sets that are now in high demand for 2020, it becomes crystal clear where the brightest minds want to take communications  — a place where analytics reimagines messaging and technology reimagines message delivery. It's an exciting time. Goodnight and good luck.

Friday, November 1

Marketing Content: If You Write It, They Will Not Come

Art by Jenna Becker
Some people will likely tell me that my headline is all wrong. Maybe they're right. Why would anyone want to read an article about why content marketing doesn't work? And if they did want to read an article about that, then why wouldn't they pick something pithier like "10 Common Reasons Why Content Marketing Isn’t Working for You?" These are two very good questions.

The truth is that content marketing does work. It works extremely well. And the dividends content marketing pays will likely benefit your business far longer than you'll enjoy contributing to it.

What won't work, outside of the ten tips Neil Patel points out, is producing content for nobody. Yet, that is what most content marketing campaign startups attempt to do. They provide content before anybody is listening and then step back and act surprised, especially if it's really great content.

If a tree falls in a forest and no one hears it, nobody cares. 

Most people have heard the philosophical thought experiment that raises questions regarding observation and perception. The problem, as posed by Scientific American, was: If a tree were to fall on an uninhabited island, would there be any sound? The exercise usually leads people to speculate that sound is reliant on something's ability to pick up its vibrations.

In other words, if a speaker delivers an amazing speech ten times to an empty room, no one will know what they spoke about. And while we wouldn't expect any measurable results from an audience that doesn't exist, that wouldn't make the speech any less amazing. It simply means the ratio of ten speeches over zero listens is still zero responses.

If both of the above sentiments are true, then it stands to reason that content marking works the same way. If nobody is around to consume the content or even knows you produce content or even knows who you are, then chances are even the best content will go nowhere because nobody cares. Or, more precisely, nobody is around to care.

The simple truth about content marketing is you need an audience. 

In the last decade or so, I've worked on hundreds of content marketing campaigns (including some that were covered by CNN and the New York Times) and I've come to the conclusion that having an audience in place (or not) is the number one reason content marketing campaigns succeed or fail. The problem most small business owners or startups have is that they don't want to invest in the objective to build an audience before the objective to have an audience read and respond to produced content.

It doesn't even matter what industry or market. An author hoping to market a self-published book, an entrepreneur who wanted to start a Kickstarter campaign, a Shark Tank startup that wanted to launch a new niche social network. All of them were advised to share short content and curate topic-related content, but all of them resisted because they don't believe building an audience leads to direct conversions. News flash. Producing content for no one doesn't lead to conversations either.

If you or your small business is hoping to have a successful content marketing campaign six months from now, the time to start building an audience or a community is right now. That way, in six months or three months or however long you have, there will be people waiting to respond to the content, listen to your speech, or hear a tree fall in the woods. Goodnight and good luck.

Wednesday, August 3

Educators See PR Trends From A Different Perspective


When the Public Relations Certification Program at the University of Nevada, Las Vegas (UNLV) began experiencing a decline in enrollment several years ago, most people pointed to the economy as an explanation. I didn't see it that way. The decline in enrollment was the symptom of an ailing industry.

As the old business model for journalism in the digital age began to fail, so did public relations. Sure, some people might call me out with claims that public relations firms are booming. Maybe some firms are, but most aren't relying on public relations as much as content marketing anymore.

Forbes recently called it the devolution of public relations. And while Christopher Penn pointed out that public relations is not doomed, even he couched his assessment in the observation that the media landscape is more diverse than ever before and public relations is adapting to the media landscape. I think he is right, except that it seems public relations firms aren't adapting to the market as much as they are adopting more marketing.

You can see it in enrollment. In prioritizing their educational investment, students and working professionals are more inclined to take classes that seem better suited to integrated marketing communication (which includes content marketing) than public relations. In fact, it was for that reason I asked the university to develop an Integrated Marketing Communication Certificate instead, and include public relations under a new umbrella. UNLV met me halfway with two certificate programs.

Pubic Relations and Integrated Marketing Communication Certificate programs.

Although the complementing certificate programs are still in their infancy and without the marketing support that I hoped for, the concept has merit. The idea is to offer two programs with up to five concentrated core courses while the balance of the curriculum consists of transferrable elective courses.

These are the four classes that I have signed on to teach this fall. Although the descriptions for two of the courses were inherited, three of the four classes are being built from the ground up. The fourth, Editing & Proofreading Your Work, is my long-running class offered three times a year and always refreshed between offerings. Course descriptions follow:

Fundamentals of Public Relations - 6:30 p.m. to 8:30 p.m., Thursdays, starting Sept. 8

Explore the history, principles, procedures, and ethics guiding those who work in the field of public relations. You will also learn concepts, definitions, and techniques related to enhancing an organizational presence, elevating an organizational identity, and reinforcing an organizational brand by serving both the organization and public interest. The class is held Thursdays from Sept. 8 to Oct. 27 (with no class on Sept. 22 and Oct. 20). Course: 163PR6101

Editing & Proofreading Your Work - 9 a.m. to noon, Saturday, Sept. 10

Make a positive impression with clear, concise, and grammatically-correct personal or business correspondence. This half-day program will focus on essentials such as content, flow, mechanics, spelling and punctuation. You will leave the workshop with several editing exercises you may use to self-test and practice the skills you have learned. This class is an intensive 3-hour refresher for all writers, literary and commercial. Course: 163WR1150

Content Marketing - 6:30 p.m. to 8:30 p.m., Thursdays, starting Sept. 26

Gain the insights, knowledge and skills you need to design, develop, promote, and manage digital, mobile, and social content as part of a successful marketing campaign. In this skills-driven class, you will learn some of the newest trends in the creation of compelling and engaging content that not only supports marketing but solidifies customer loyalty in marking them (and the media) as an important part of the campaign. The class is held Mondays from Sept. 26 to Dec. 3 (with no class on Oct. 17, Oct. 31, or Nov. 7). Course: 163MK2120

Crisis Communication - 6:00 p.m. to 8:30 p.m., Thursdays, starting Nov. 11

Weather a natural disaster, accident, product recall, or other organizational crisis with a skillfully executed crisis communication plan. The class will take you through the process of developing a plan while minimizing legal liability, executing the media response, and managing key messages. The final project is to participate in an on-camera interview about your assigned crisis. The class is held Thursdays from Nov. 10 to Dec. 8 (with no class Nov. 24). Course: 163PR6103

Will the new curriculum work? I don't know. While public relations remains a critical component of any integrated marketing communication background and an important skill set, its overemphasis on media relations (for decades) has diminished its attractiveness as a standalone program. So, we'll see.

All of these classes also follow a traditional classroom model so you must be in Las Vegas to attend. In the future, there may be room to develop similar classes as an online alternative or, perhaps, private one-on-one instruction. Considering the direction of education today, it seems inevitable.

Wednesday, September 16

The Future Of Marketing Is Smart For Consumers And Parks

Whether you know it as the Internet of things, enchanted items, or smart objects, the convergence of technology and marketing and customer experience will be a technological revolution. Call it smart.

It will be smart in terms of the technologies that are being announced and introduced daily — smart clothing, force touch, or innovative sports analysis tools — and smart in terms of the portable, multimodal (sight, sound, touch, readable), and interactive content that will be both functional and valuable to consumers. And it will finally drive home the idea that marketing and the customer experience is the same — from the very first touch point to the decision to upgrade or resupply.

Shaping Public Perception - The Next Step In Social Media 

For a few hours on Wednesday, the next step in social media was very much on topic for the National Recreation and Park Association (NRPA) 2015 Annual Conference. It was one of the first opportunities I've had to share new insights into how marketers are going to adapt — and what they might learn from the psychological and sociological insights of Yuval Noah Harari and Donald Hoffman. Take a look.


While my published decks never contain all the content delivered during any educational session, one of the more theoretical premises I've been exploring to date suggests that if humans live with a dual reality (objective reality and conceptual reality) as Hoffman suggests and Harari alludes to as the fundamental skill set that allows us to cooperate with flexibility and in very large numbers, then it could be true that the marketing/branding/public relations (the conceptual reality of any product) of a product can account for as much as half the value (or perhaps more depending on the product).

I expect this will play out in the near future as new technologies, some of which are included in my deck, fuse communication efforts and customer experience. After all, value is rarely determined by the objective reality of an object. It is more often determined by a conceptual reality — the mythical made formula — that we collectively agree upon. Maybe. I'd love to know what you think.

A quick closing recap on the NRPA 2015 Conference. 

Aside from this theoretical thrust of my presentation, it's interesting to note that parks and recreation departments across North America are still struggling with the practicality and tactical ability of social media (like most organizations). Most questions during the Q&A portion of my session dealt not with what is next, but rather what could be done right now to address time famine, message mitigation, brand management, and the pressures of constant change.

I'll be giving each of these topics space in the upcoming weeks, providing more depth and resources than what I could provide in a few seconds from the stage. I hope this short series really helps.

Special thanks to the 250 professionals (and live streaming viewers) who attended my session out of about 7,000-9,000 conference attendees, NRPA, and long-time colleague Dirk Richwine. I had an absolutely fantastic time speaking at the conference and look forward to our next opportunity.

Wednesday, September 2

Why Do Marketers Still Struggle With Decision Making?

By most accounts, CMOs are increasing their organizational spending on social, mobile, and analytics. One recent study places this budgetary increase at 12.2 percent over the next year.

The increase is in addition to social media spending, which already accounts for more than 10 percent of most total marketing budgets. In five years, this same spending will eventually account for about 25 percent of most total marketing budgets. And none of this news should surprise anyone at all, especially with the increased attention that marketers are giving to the growth of online video.

Digital marketing and social media are mainstream even if measurement remains somehow elusive to marketers. 

What should surprise people instead is that marketers readily admit that they don't really know how to measure the outcome of their efforts. In fact, only 15 percent of CMOs say they have successfully proven a quantitative impact associated with their social media efforts. Conversely, 41.5 percent of marketers haven't been able to show any impact from their social media efforts. The mind boggles.

This apparently nagging inability to measure outcomes is a symptom and not the problem. The problem is how many organizations lack a marketing or communication plan and, even more commonly, how many lack good marketing or communication plans. If they did have good plans, measurement wouldn't be a problem as the key has always been to set realistic and measurable goals.

It's almost impossible to measure outcomes that aren't tethered to objectives. 

Likewise, it's almost impossible to not be able to measure outcomes if they are tethered to realistic, measurable, and specific objectives. And ideally, those objectives will be drawn from the organization's mission, vision, and strategic plan.

Why is this important? Because specific business goals — along with considerations like product or service life cycle, market share, consumer base, competition, proximity, resources and self-imposed restraints — lead to very specific marketing and communication goals. Consider just a few of them:

• Introduce new products or services. While awareness is worthwhile, introducing new products and services means more than people knowing something exists. Communication objectives can be grounded in outcomes like market position, brand recognition, and value proposition retention.

• Capture market share. Given market share is a key indicator of competitiveness among competitors and market viability. Subway, for example, focused on market share when it stopped defining its market as sandwich shops and started attacking the quick service market.

• Become an industry leader. Most companies that strive to be industry leaders market the influence of the leaders and knowledge of their industry more than they do their products or services.  Becoming a trusted source increases credibility and results in significant market advantage.

• Improve customer loyalty. Organizations that want to increase customer loyalty invest in marketing that reinforces individual relationships, personalization, and the best possible customer experience. Some include incentives, but only those that reinforce positive customer experience.

• Increase product profitability. Sometimes reining in a marketing plan, pushing loss leaders, or reducing non-productive expenses can mean more to a company than expansion. The same objective can also include add-on items that require no additional marketing and well-timed follow-up sales.

• Increase gross sales or revenue. Increasing sales (units sold) and revenue (money made) can sometimes be likened to a throwaway objective in that sales and revenues are often the natural outcome of every objective listed. So if you include this objective, make it specific — X percent of increase in the marketing budget will generate X percent increase in sales within three or six months.

• Become a good corporate citizen. Responsible corporate citizens that support the communities in which they operate often benefit from increased visibility, credibility, and opportunity. Outreach programs can be especially effective when they lift up communities, creating the most potential customers.

• Foster a strong corporate culture. Whether the objectives is tied to acquiring top talent or is more market oriented in better meeting the needs of the customer, a strong corporate culture pays dividends by positioning the company from its people out. Allocating more to internal communication can help.

• Nurture ideas and innovation. When companies make this their objective, marketing enjoys a pretty clear directive that their content and creative ought to aspire toward the same goals. Apple used to be the best example in marketing innovation but not so much nowadays.

• Increase store or website traffic. If this is the objective, it almost always has to be tied to some residual effect such as lead generation, conversation, or community building. The challenge with the concept is to keep it relevant so the traffic counts don't lose customers for life in the process.

• Shape public opinion. If we remember that the primary objective of any marketing and communication program is to change behavior or public opinion, then it stands to reason our objectives ought to define what change we anticipate. Once launched, measure the change.

Naturally, these objectives (most of which would need to be fine tuned and more specific to work) only scratch the surface. There are dozens and hundreds of organization-specific objectives that could be taken into consideration, including proximity, community culture, competition, etc. (For example, a marketing plan for an Asian restaurant in China Town would look very different from a plan in a suburb without one or a farm town without many dining options.)

In fact, these variables (and marketing's unwillingness to accept they exist) are the primary cause for confusion. Too many marketers are looking for some holy grail of marketing plan and outcome measurement that somehow manages to cast the whole of marketing (and each of its tactics) into a plug and play template. But outside of making a few marketing consultants rich on 10-step books in the short term and shifting marketing budgets to social, they work for relatively few organizations.

So before your organization jumps on social, mobile, and analytics wagon, make sure any budget increases are tied to strategic objectives that can be readily measured. Who knows? You might discover a different communication vehicle for your company, one your competitors would never consider.

Wednesday, August 26

Psychology And Neuromarketing Can Be Fallible. So what?

There has been plenty of buzz up about the Reproducibility Project, which aimed to validate about 100 psychology science studies by attempting to reproduce the studies. Marketers should take note.

For those who place their faith in scientific-like testing (and big data), the findings of the Reproducibility Project ought to be astonishing. Two-thirds of the original studies tested proved fallible and even those that could be replicated demonstrated irregular statistical variations. Specifically, the magnitude of the effect tested was frequently half as small as the original finding.

Never place too much faith in any marketing formula. 

Sure, there is plenty to be gained by running A/B tests in an attempt to convert your business thinking from "we think" to "we know." There are many successful examples. But just because the results of testing turn out one way or another doesn't ensure success. A/B testing isn't a sure thing in marketing.

The truth is that we must stop treating single studies as unassailable truths, especially when other variables could be influencing the outcome of any finding, outcome, or assumption. True scientific thinking, after all, comes with a critical mindset rather than a yielding one. And we need to be more critical now than ever before, especially as people attempt to manipulate our thinking daily.

You can find evidence everywhere. Journalists are more likely to write attention-grabbing narratives first and then find examples to fill in the blanks than ever before. Scientists are more likely to build studies based upon biased theories than rely on objective observations. And marketers, whether they admit it or not, generally attempt to validate their work more than they produce better outcomes.

And no, it isn't always intentional. Anyone who has ever gone to an eye doctor only to be prescribed an inferior prescription knows how easy it is for mistakes to happen. No matter how meticulous the doctor or technician might be in the office, you eventually have to try it in the real world.

It recently happened to me. In the office, it seemed monovision — wearing a distance vision contact in one eye and a near vision correction in the other — was a suitable option for my slight presbyopia. In the real world, it didn't work at all. Too much of my interaction with the world relies on intermediate vision for monovision to be effective. The same thing can happen in scientific studies.

There are reasons humans are mostly unpredictable. 

If you truly want to understand psychology and sociology as it applies to marketing, you have to make a real effort to understand humans. First and foremost, you have understand that humans are the only creatures on this planet that form flexible and scalable cooperatives based on abstract concepts.

Yuval Noah Harari, author of the international bestseller Sapiens: A Brief History of Humankind, is especially intuitive on this point. As he explains it, bees and ants can form scalable cooperatives but aren't flexible in their ability to change their social structure. Whereas chimps and dolphins are flexible in how they cooperate, they are only able to do so in relatively small numbers.

The reason, it seems to me, it that humans are also the only creatures on this planet to operate with a dual reality, a perceptional concept studied in depth by Donald Hoffman, professor of cognitive science at the University of California, Irvine. In sum, humans perceive an objective reality (what is true) and a conceptual reality (what we accept as truth) at the same time.

For example, the money in your wallet is a piece of paper. The concept that it has value is a fiction that we have collectively agreed to accept as truth. And, to be clear, it is this dual reality often discussed by Hoffman that provides us our unique ability to form flexible and scalable cooperatives.

Marketing and communication, at their core, only has one purpose: to change behavior. And as such, marketers usually try to change behavior by drawing attention to an objective reality or attempting to elevate (or diminish) a conceptual reality. And what makes this especially interesting is that in the last decade, especially with the advent of social media (and likely to become more prevalent with the rise of augmented and virtual reality), is that marketers spend more time targeting the conceptual reality.

So what? The greater the emphasis on conceptual reality, the greater the unpredictability of testing because humans, throughout history, have proven to be consistently inconsistent. And in knowing this, maybe it is time to treat your approach to the science side of marketing as an exercise in adjustment and not in the collection of unassailable truths that will one day be proven false. Good luck.

Wednesday, August 19

Everything Can Scale, Especially Mediocrity.

When marketers talk about automation, they don't always see the danger in it. Maybe it's because select benefits — lead generation, response counts, data tracking — outweigh most shortcomings.  But then when you move the principles of automation to something even more personal, like health care, it begins to feel frightening.

Health care professional Andy De Lao knows it. He warns that what we're scaling in health care isn't efficiency as much at it is mediocrity. Where care used to be extraordinary, he says, systems are making it "extra ordinary." You can even hear it in the vernacular. Terms like lean, defects, efficiency, output, capacity, scale, workflow, and productivity were all borrowed from industrial manufacturing.

Health care isn't alone. Those words creep up into almost everything nowadays — marketing, culinary arts, education. They seem to be everywhere. And sometimes, not every time, mediocrity follows.

Somewhere along the way, scalability becomes a setback. 

The last time I ate something from McDonald's (several years ago), I was keenly aware that it wasn't the restaurant that Ray Kroc built around the original quick service concept of Dick and Mac McDonald. Sure, phrase like quality, service, cleanliness, and value still exist, but with very different meanings than the original model.

Quality is now couched in comparison, the service is slower, the cleanliness sterile, and the concept of value somehow out of whack with the reality of the product. Half of the menu feels overpriced. Half of the menu feels cheap. What's worse is that the executive team can't seem to pinpoint the problem.

The problem isn't one thing that prevents McDonald's from getting its mojo back. It's everything. What we're witnessing almost every day at the chain is nothing less than a brand hemorrhage.

And the culprit? Scalability and mediocrity finally caught up with the clown. The systems that once made it a brilliant brand have crashed as it traded in a little on the phrases that made it famous.

Isn't this the same problem we're seeing with health care, where planning target volumes, designing intake forms, and timing medical consultations overtake the core function of patient care? Isn't this the same issue with education, where process is starting to beat out innovation? Isn't this the same challenge marketers have when attempting to understand the difference between automation and absenteeism in social media and content marketing?

I think Andy De Lao is right. There is some optimal point where art and efficiency can coexist. He applied it to his field of health care, but see it fits almost everywhere. Nothing great can scale forever.

The answer is simple: Automate the mundane, but not the art. 

Geoff Livingston gets it. He recently traded in writing columns for articles on his blog, noting that it helps set it apart from the more common opinion/posturing pieces that make up most blogs. And while that might seem like an odd analogy for health care, education, and culinary arts, it still fits.

There is nothing wrong with automation that schedules when you share articles, includes a stable of authors you really respect, or even makes you more efficient. But when you begin to phone in whatever if you are offering — blog post, patient care, or college class — mediocrity takes hold.

You see, there are some things that a restaurant kiosk or social scheduling or online class cannot replace. While all of them have merit, the real magic still happens with the human connection — spontaneous sparks that lead us light years away from whatever some mediocre outline prescribed.

Wednesday, August 12

Content Marketing Is Changing Advertising, Not Killing It

Ten years ago, ClickZ published an article that claimed advertising is dying. It's been a common theme there for the better part of a decade. The most recent claim was made just a few days ago.

ClickZ isn't alone. Fortune recently ran an article that cited the exponential growth of ad blocking and how some companies are trying to find workarounds that mitigate the impact (if you can imagine). Others are focused on specific networks where advertising is its own worst enemy, like Facebook.

These articles are all well and good to make you think, but most of them miss the mark in understanding what makes advertising work. Advertising isn't a medium or reliant on any particular media. Fundamentally, advertising is the art of persuasion and it has been around a very long time.

"Advertising is fundamentally persuasion and persuasion happens to be not a science, but an art." — William "Bill" Bernbach, founder of Doyle Dane Bernbach (DDB).

As such, you can't kill advertising anymore than you can kill communication. All you can do is change its trust for the times — from attention grabbing special effects to emotionally authentic — and alter its distribution model — from mass media broadcast to social, mobile, digital, and environmentally interactive.

But hasn't the field always done that? The Golden Age of Advertising wasn't spurred on by the birth of television and mass media print alone. It was largely the result of the creative department becoming more important than account executives alone, with mass media serving as a spark only because it meant that a great concept had significantly more reach than any other time in history.

Given that digital has expanded the potential reach of mass media, a second Golden Age of Advertising could be pinned on content marketing, social media, and next generation technologies that will put digital at our fingertips almost everywhere. Maybe all advertising needs is to get back to its roots to be relevant and that means getting back to the creation of great concepts.


The M6 razor commercial is an excellent example. After being freed from the constraints of a 30-second television spot or a single page of print, the creative team behind the concept was able to tell a story that can hold the viewer's interest for three minutes while delivering two persuasive messages.

For my purposes, this 3-minute spot includes a third. While it's always easy to think content is king, it's really the great concept that remains sovereign. One unforgettable message has a real impact.

It also touches on what is wrong with turning out terabyte after terabyte of forgettable content. There is no great concept behind the bulk of content marketing and there needs to be if we want to benefit from the art of persuasion — the heart and soul of advertising. Without it, we're winking in the dark.

Wednesday, July 22

Five Steps To Make An Influencer Instead Of Marketing To One

While marketers continue to reach out to social media influencers in the hopes of earning easy traction, it takes much more than a popular or pretty face to capture key performance indicators. Sure, there is plenty of evidence to support influencers have an edge over brand content. But so what?

It doesn't mean you always have to pony up dollars for celebrities and semi-public people to increase brand exposure. You could take an organic approach in attracting third-party voices around your brand and the process to do so will result in deeper, more meaningful relationships.

In the long term, it could also help inoculate your brand against the rising cost of social media stars as brands compete for the same talent and make influencer marketing akin to any other media buy. Of course, this doesn't mean anyone should bow out all together. Influencers have their place.

All it means is that marketers need to remember that a "nobody" can be just as influential as the current somebody. The right person with the right passion only needs a lift to gain real attention.

How to make a topic influencer in five steps.

• Engagement. Discover customers, advocates, and topic enthusiasts who have an authentic passion for your product or service. They may not be "popular" but their passion for your brand is infectious in ways that paid or perked influencers will never deliver. Give these fans some real attention by letting them know your organization noticed.

• Education. Every exchange is an opportunity to learn more about your clients while they learn more about your product or service. Successful professionals have always relied on the art of conversation to learn more about their clients and find new ways to provide real value. Take it a step further online and help people with an interest in your industry become experts.

• Exposure. Almost everyone appreciates a call out for something they say, write, or share online. When they say it about you, make sure you take it a step further than a thank you. Share and provide some context into why it is worthwhile to your organization's audience. If it happens to be about your product or service, even better. Third-party endorsements don't have to be from celebrities.

• Exclusivity. There is no better way to make someone an overnight influencer than giving them something in advance of everyone else. It doesn't always matter what that might be — it could be some news, a video clip, an invitation, or a working demo. The fact they have it first will move them to the head of the class — even if nobody saw them as an influencer before.

• Endorsement. Third-party endorsements don't happen in one direction. As several influencers are nurtured from the ground up, any organization can call them out as rising stars in the industry. Boosting their credibility as someone who knows your products or services as well as (or better than) your organization will lift them to be on par with almost anyone considered an influencer today.

Many of the influencers that organizations want to appease today got their start in much the same way. Nobody really noticed them until an organization or other so-called influencers gave them a lift with a call out, conversation, or mutually beneficial exposure. For many after that, a singular semi-exclusive offer (ranging from cameras to glasses and software to soda) catapulted them upward.

Even those who had the benefit of building a personal brand on the back of a big brand followed a similar path. The only real difference is that the organization accelerated the steps, with their employment or affiliation acting as an immediate endorsement. It doesn't take all that much.

So instead of only thinking in terms of influencer marketing — how to reach existing influencers — organizations need to start thinking in terms of influencer making too. Where aspiring influencers make a big difference is that their brand affinity and the strength of their relationship with a smaller pool of followers puts them in a prime position to quickly build an audience with a level of authenticity that few professional influencers retain over time — at least with the same semblance of passion.

Wednesday, July 8

Emerging Markets And Wealth Are Changing Consumer Behavior

While some luxury brands continue to express interest in courting Generation Y, a demographic loosely defined as those born between 1977 and 1994 in the United States, other brands are setting their sights on another segment all together. They see the next surge in luxury consumers not confined to American Millennials but driven by emerging markets such as India and South Africa.

One new study, Wealth X, sees India producing as many as 437,000 millionaires by 2018 (and doubling again by 2023).The nation also has a young, well-educated population with high levels of entrepreneurship and business ownership, underpinned by a well-developed legal system.

Wealth growth in Africa — especially markets such as South Africa, Nigeria and Kenya — continues to be driven by a naturally entrepreneurial population at an annual rate of over 10 percent. Not only are those markets rich in natural resources, but they also have a new foundation for technological innovation.

In addition, the study predicts Iran, Turkey, and Mexico will become economic bright spots among global markets. These markets will continue to be influenced by western European and North American definitions of luxury (including a shift from physical luxury to experiential luxury.)

Five behavioral shifts expected from emerging markets. 

Hyper-Localization. Although the world is shrinking, wealthy consumers are identifying with the cities where they work and live (and not necessarily their countries). As a result, brands need to prepare for an increasingly nonlinear development of economies and wealth creation as well as the important role proximity advertising and marketing will play in reaching those new millionaires.

New Frontiers. An increase in new wealth will continue to drive a growing early adopter segment hungry for new experiences. In addition to new frontier experiences such as space tourism and global investment opportunities cited in the study, pay attention to augmented and virtual reality space.

Luxury Experiences. Millennials are not the only population segment that is more interested in experience over products. The rich in emerging markets are increasingly shifting luxury consumption away from product purchases to lavish experiences like extreme locations and underwater holidays.

Hyper-Personalization. As well as fundamental rarity, personalization is expected to become the second major driver of exclusivity in the next decade. This will continue to manifest in tailored and unique products as well as one-off experiences.

Privacy and Intimacy. There will be an increasing desire for privacy among the wealthy in the future, yet at the same time a desire for greater intimacy among the select providers they trust. As a brand is truly defined by the relationship between itself and its customers, the newly rich will look for near flawless experiences from a shrinking pool of brands they trust.

These behavioral shifts will have a profound effect on brands. 

These are not the only shifts expected in the attitudes and psychology of the emerging wealthy. The study predicts those joining the ranks of the wealthy will become increasingly concerned about the economy, geopolitics, wealth preservation, privacy, and health care options.

With the recent financial crisis still fresh in their minds, they will be keenly sensitive to issues such as wealth preservation and the return on investment in every area of their lives from financial holdings to how they spend family holidays. At the same time, as wealth continues to become globalized, there will be an increased demand for personalization with design eclipsing technology and exclusivity defined by something other than price point alone.

The Wealth-X Part II study, which covers the next 10 years of wealth and luxury, is currently available without a registration barrier. In review, many of the concepts presented in the study are not confined to having an impact on luxury brands alone. As an emerging class of globalized rich continues to emerge, their behaviors will have a significant influence over consumer expectation on all organizations — especially in hyper-localized minded cities with increasingly unique identities.

Marketers hoping to find opportunities in behavioral shifts ahead need to begin focusing on proximity, flexibility, exclusivity, and improving the customer experience. Entrepreneurs need to look toward new frontiers that create entirely new markets — space travel, oceanic exploration, virtual reality, near-invisible energy production, and biotechnology among them.

Wednesday, July 1

What Marketers Really Need To Know About Silly Cat Videos

When describing the state of the Internet today, it's all too easy for marketers to see silly cat videos as the polar opposite of mental stimulus (myself included). And in doing so, marketers miss the point.

The popularity of silly cat videos has nothing to do with the type of content people want to consume. Their popularity has everything to do with how people want content to make them feel.

New research supports this supposition. After surveying nearly 7,000 Internet users on Internet cat consumption, researcher Jessica Gall Myrick discovered the motivations behind it and emotional benefit it delivers. People mostly watch cat videos as a means of mood management because of their potential to improve their mood. In fact, even those who use them as an excuse to procrastinate tend to temper any post-viewing guilt with feel-good fuzziness, as viewers describe their post-viewing mood as hopeful, happy, and content even if they felt anxious, annoyed, or sad before watching them.

Marketers need to pay better attention to how they make people feel. 

There is no shortage of causes that deserve consideration, topics primed to produce social outrage, or advertising that aims at creating feelings of scarcity (ads that aim to create feelings of fear, inadequacy, or make people feel unknowledgeable). Most of it, not unlike media coverage, is commonly negative or neutral. The net outcome is not surprising — it makes people feel bad or, more commonly, nothing at all.

Sooner or later, you have to wonder: Is the marketing content your organization produces adding to the anxiety or helping make people hopeful? Are you aligned with brands that promote happiness like Apple (innovation), Coke (happiness), Lowe's (empowerment) and Amazon (simplicity) or struggling   with ads that aim to demean, disparage, or attack others? Do you leave people wondering why they need your product or do you have the sense that somehow your product or service makes things better?


Sure, there are cases where negative advertising can work, especially if it is designed to capitalize on contempt for a perceived adversary. But such tactics are time sensitive to the cultural perceptions such as a decades long run of "dumb dad" ads. And social media makes for several splendid fails every year.

Don't get me wrong. The point here isn't to scrub away any rough edges if it fits. The point is to ask yourself what emotions your content is or isn't tapping into and making the appropriate adjustment in much the same way Charles Revson once did as the pioneering cosmetics executive behind Revlon.

"In the factory we make cosmetics. In the store we sell hope," Revson once said. 

Hope and happiness are powerful promises, ones that underscore many successful brands. They also cut to the quick of what motivates people in B2B and B2C spaces. Consumers want to make their lives and the world around them a little better. So do business owners. All of them might have a different outtake on what objectives best accomplish those overarching goals (comfort or exhilaration, opportunity or security), but almost all of them are rooted in hope and happiness.

When companies and content creators can't deliver on either, people turn to more than two million silly cat videos (2014) that have chalked up more than 26 billion views. Why? Not because marketers need to load their stream with silly cat videos but because these cats can deliver what most content misses — a few moments of mood managing happiness (even when these heroes look a bit grumpy).

Wednesday, June 17

Five Practices To Put Some Strategic Back Into Social PR

Public relations is in a self-selected state of change and the driving force is clearly social media. As many as 81 percent of communicators now believe that public relations can no longer operate without social media despite 64 percent considering it more superficial than traditional media. Wow.

Many professionals find those statistics frightening for two reasons. As social media consumes more and more of a public relations professional's day, the more those pros feel as superficial as their task work. And as more public relations professionals include social media as part of their primary practice because they must, more of them break away from the tenets of public relations in favor of measures that are much more akin to tactical marketing. Some, arguably, have become marketers.

While there is nothing wrong with that per se, the emphasis on tactical work has consequences. I've warned about several such problems many times before. But more than that, the way social media is being practiced tends to take public relations practitioners further way from strategic thinking, which was the quality that provided the profession real substance.

How can public relations channel strategic communication again?

1. Refocus On Relations. With all the pressure to increase impressions or go viral via social media, it's all too easy to forget the real stakeholders. By crafting communication with particular publics, special interests, or industry influences in mind, you can make deeper, longer lasting impressions.

Sometimes the best content isn't designed to generate leads as much as to deliver value to niches that have already expressed an interest in your products and services. If they appreciate it, there's a good chance they'll share their experience or your story— referring qualified leads to you anyway.

2. Stop Dialing Up Content. Sure, automation has its place across public relations and social media, but absenteeism can cannibalize your budget while eroding brand equity. Status quo, especially with an increased frequency or to mass media over niche, will eventually kill the communication program.

Stop setting a news release quota and select only the choicest news over the wire services and then repurpose the release for direct-to-public content with a twist for whatever audience has been assembled there. The same can be said for content marketing. Strive to elevate over educate.

3. News Wants Multimedia. Given the outpouring of studies that support the growing impact of visual communication, news releases need to do more than deliver words. Photos, videos, audio files, interactive graphics, graphs and illustrations are all worthwhile accompaniments for any release.

You don't have to include them all in your pitch or press release: A well-organized landing page or digital press kit makes everything easier, especially when it includes vertical photos for mobile. And what if the story you're selling doesn't merit multimedia? Then maybe it doesn't merit being shared.

4. Inspiration Beats Interruption. While people still consider the Oreo cookie blackout advertisement a classic case study, the novelty of news jacking and link bait is wearing thin. Simply put, the frequency of interruption — and distraction — has outpaced its real-time marketing merit.

Yes, there is still room to be timely on a topic. Successful advertising, marketing, and public relations campaigns have always been tapped into the current culture and current affairs. But with consumers growing wearisome of messages that follow them around (privacy pushback) and interrupt conversations in an attempt to change the subject (ad blocking pushback), it's time to think long term. Ensure those real-time marketing opportunities lend something to the conversation.

5. Be First For A Change. Years ago, I used to tell public relations students to not only know public relations inside and out, but also the industry or industries in which they work in as well. Doing so meets one of the criteria related to traditional public relations, which is to research trends within the industry and marketplace and determine what impact they may have on the organization and its publics.

Nowadays, I tell students that technology needs to be included in the research mix too because we're only a few years out from another disruption in communication. So instead of being reactive to things like social networks and search engines, public relations professions need to be proactive in determining how to apply cutting edge technology to their communication mix with an expressed intent to strengthen the relationships between their organization and those publics it needs to survive.

And if it doesn't? Then the bulk of the profession will eventually be absorbed by integrated marketing communication, with a handful of practitioners remaining to denote some specialty skills such as media relations, crisis communication, and public or government affairs. Who knows? Maybe that won't be such a bad thing. Or will it? I'll leave that one for you to decide.

Wednesday, June 10

How Future Communication Will Dictate Customer Experience

future communication
If you're looking for the next disruption in marketing, consider how technology is positioning communication as the primary driver in the customer experience. The change will be truly astounding.

Marketers can no longer be satisfied with the traditional five-stage buying process model: problem recognition, information research, alternative evaluation, purchase decision, and post purchase behavior. They must shift toward a model that is more robust, considering every consumer touch point prior to problem recognition and through the life of the product (and into the next purchase).

This is especially true as communication becomes an inescapable part of every product, with communication-centric technologies baked into them or as communication-based networks are developed around them. In some cases, communication is part of the product and customer experience, influencing the buying process every step of the way.

Five areas where communication is becoming critical to the customer experience.

Ferrari
1. Environmental Content. The performance sports car that emerged from its historic factory entrance in Maranello, 1947, has long been regarded for its innovation, passion, and diligence. In keeping with tradition, Ferrari showrooms have added augmented reality to the small screen, allowing patrons to match up digital content to the physical vehicle in front of them. Along with scan highlights, patrons can add features and change the colors on the screen with the swipe of few fingers.

Communication that integrates seamlessly with the environment becomes part of the experience.

Skully
2. Enchanted Items. Skully caught my attention some time ago when it unveiled its future concept to eliminate the motorcyclist's blind spot with a rear facing camera and change the experience with an interactive and transparent head's up display. This technology isn't built to distract drivers but rather eliminate distractions with an assist from augmented reality for GPS convenience and the safety of situational awareness.

Communication applications built into the helmet become an integral part of the product itself.

Tesco
3. Digital Storefronts. South Korea has created retail space out of thin air by installing display walls in its subways. The displays interact with mobile devices, allowing subway passengers to shop for groceries while waiting for their next connection. Once purchased with a point-and-click mobile app, the order is presumably delivered around the time the passenger arrives to whatever destination they preselect. Future applications could include interactive touch screens or the option to pick up any orders on the way home.

Digital content and communication is shifting toward truly functional customer experiences.


Corning
4. Portable Data. Originally envisioned by Corning, the world is not too far off from turning a wide variety of surfaces into digital interfaces that interact seamlessly with any mobile or portable data in design. If you can imagine an instructor or speaker presenting educational material on the big screen while participants capture the presentation on the small screen (and automatically receive e-handouts on cue), then you've only scratched the surface of what's possible and probable in the years ahead. The prospect opens up an entirely new canvas for graphic artists and communicators to consider.

Presentation displays and increasingly portable data will redefine what's possible for communication.

Microsoft
5. AR/VR. Microsoft, Sony and other companies are busily developing the next edition of what virtual reality and augmented reality might mean for gaming. Entertainment is only a starting point. Whether the experience is detached (virtual reality) or environmentally responsive (augmented reality), its applications will eventually grow exponentially into training programs, fitness instructors, and a variety of educational applications with virtual classrooms, holographic illusions, or immersive reenactments that provide people a perspective of what any time or place might be like.

Immersive and responsive communication will challenge professionals in unimaginable ways.

While these are just some of the ways that technology is working to change the interface, all of them represent the increasing impact communication will have on the customer experience. It will become an ever-present part of the environment and will sometimes be baked into the very functionality of the product.

But even without these advances and near future, communication is playing an ever increasing role in the customer experience. Every bit of content produced and shared by organizations today have positive and negative consequences to brand recognition and reputation. This includes customer service complaints that play out publicly online to the frequency of irrelevant interruption and value of the communication offered (as opposed to the value organizations sometimes think they offer).

And with this in mind, maybe it is time to stop thinking so much about a sales funnel but an experience  corridor that a company provides from its initial introduction though the life of the product and eventual replacement. After all, customer satisfaction, not sales, is a truer benchmark for longevity.

Wednesday, May 27

What Could A Leaner P&G Teach Us About Marketing?

It's a new discussion that isn't new. Every few years, someone wants to break up Proctor & Gamble, which is the largest publicly traded personal products company in the world. With a market capitalization of $220 billion, it's also one of the largest companies in the United States.

Some of the reasoning is tied to sales. The company recently reported 3 percent growth in organic sales, but its CEO suggested that growth could have broken 4 percent if it had split off some brands. Specifically, the idea is to keep the top 70-80 products that generate about 90 percent of its sales.

About 23 of those top brands boast sales ranging from $1 billion to $10 billion, and 14 with sales of $500 million to $1 billion. All those would be kept, even if some stakeholders think the time might be right to break it up in bigger chunks rather than shed smaller assets like Duracell.

Some of the reasoning is psychological. Big companies rarely capture double digit growth rates. They are also prone to job cuts and restructuring, which can take a toll on employee morale. Most people see them as threatened by smaller and much more nimble competitors, especially those with a keenness for innovation — something P&G has tried to keep by developing a new model for R&D much like it did for marketing, which led the company to embrace digital at a deeper level.

How a leaner P&G could produce a better marketing model.

From a marketing perspective, breaking P&G into three or four big chunks doesn't make as much sense, especially after the company successfully retooled its marketing division to think more like brand managers and less like corporate number crunchers. The result has been mixed, with the lackluster launch of Tide Pods but the iconic #LikeAGirl campaign that people still talk about.


Perhaps all the company needs to do to reinvigorate growth is to even out those marketing efforts by reimagining a hybrid between its old and new models. Once the company successfully diverges some of its non-core brands, P&G could develop a brand partnership model that provides each brand manager more market insight, consumer data, negotiation power, and creative co-ops that cross over from one brand to the next. (e.g., #LikeAGirl might not be confined to a single brand.)

There are times where P&G succeeds in developing collaborative strategies. As an Olympic sponsor, the company successfully promoted several brands as part of one package. Its sentimental Thank You Mom campaign during the 2012 summer Olympics, for example, resulted in a $500 million sales boost and prompted an encore for the winter games. (The company was ready with 38 different YouTube commercials before the Olympics even started.)

Even better than the immediate return, any P&G converts will deliver a lifelong return for the company. It's this kind of forward thinking that continually leaves a positive impression. Now all the company has to do is start thinking beyond a singular event to bind its brands. Spontaneous crossovers could go a long way, especially for a company that reinvests more revenue into marketing.

Such a move by P&G could reinvigorate marketing. 

Much like the company already directs regions and media, P&G could be on the verge of a much more versatile marketing machine, one that is worthy of a case study. Such a program could be built with individual brand campaigns with the most successful providing crossover opportunities and uniting themes (combined with bigger buys) for the others. It would reinvigorate some marketing theory, even for small companies willing to partner with complementing and non-competing businesses.

Such a move would also quell the idea that P&G needs to be broken up into three or four big chunks, given the resilience of flexible marketing comes from a bigger network of brands (not a smaller one). Sometimes the brand could market itself (with shared research, etc.) but other times build off something another brand has built or reinforce each other's reach by sharing a proven theme.

What do you think? In an era when consumers appreciate smaller companies rather than the giants of the past, some people believe it is too late for any behemoths. Others disagree. They see some of today's giants rewriting the playbook while their pockets are still deep and revenues large. And with the company vested in innovation, such as 3-D bioprinting, no one really knows what could be next.

Wednesday, April 22

How Much Marketing Has Become Psychological Trickery?

Marketing Meets PsychologyOne of the first lessons learned in advertising is that most purchasing decisions are made based on emotional impulses and irrational conclusions driven by our dreams, hopes, fears, and outrages. But for all marketers knew about advertising, it was social media that capitalized on the immediacy of it.

Instant gratification and chronic impatience has shortened not only attention spans but also the ability to make educated decisions. As a result, the fundamental market has changed with consumers who are generally more anxious and angry as the world feels a little less controllable and hard to understand. They are more prone to react with instinct over intelligence, favoring short term over the long term.

Five quick examples of psychological impulses shaping perception right now. 

• Vani Kari a.k.a. "Food Babe" has risen to become a popular food blogger for her denunciation of chemicals in food, but chemistry professor Michelle Francl has received an equal amount of attention for denouncing the decrier. Right or wrong, the initial attraction capitalized on our fear of the unknown while post-debate believability largely centers not on the facts but rather on people "like" the Food Babe.

• Socio-economic disadvantages are frequently attributed to poor performance in schools. While there is some truth to it, new studies suggest the labels meant to "save" these students can also be counterproductive. Students perform lower on tests when they are over praised, under challenged, or  merely reminded that they are disadvantaged. So wisdom holds true. We are what we think we are.

• The Guardian recently asked why people keep electing the least desirable politicians. The answer was psychology. People tend to vote for whomever simplifies the choice, demonstrates the confidence to deliver on a promise, and remains someone with whom they can relate. And what happens when nobody does? Then people are less likely to turn out and vote, which may explain low voter turnout.

• Most people have formed opinions about the Baltimore riots based upon visual content more than their understanding of the circumstances behind them. Depending on which visuals they were exposed to (rioters vandalizing stores or the peaceful side of the protests) and when in the timeline of events they were introduced to the story largely dictates their opinion of it.

 • Affirmation and frequency illusion work hand in hand in the subconscious. Not only do people see what they expect to see, whether or not it really happened, but they often believe what they see based on increasing frequency even if any improbable increase in frequency could be the result of simply noticing something in the first place. The validity of frequency is compounded from varied sources.

The packaging has become the product, for better or worse, in marketing. 

Content Marketing Stats from Hubspot
With trust in experts failing and the appetite for visual content increasing, people want to become more self-reliant simply by processing a mile of information to the depth of about one inch. In other words, they want someone else to study one inch of information a mile deep and distill any rationale into a soundbite that can be voted on, quickly and efficiently, based on little more than gut instinct.

The only problem with hard wiring the brain to work this way in tandem with modern technology is its reliance that the source has their best interest at heart. Mostly, they don't. The majority of content being produced today is by marketers and affirmation journalists, who exhibit varied degrees of bias.

That's not to say marketers are necessarily tricksters. It might be more accurate to say they've become more savvy in meeting the decision-making needs by distilling it in bite-sized simple comparisons to elicit an immediate emotional response. Right. "You won't believe what happened next" headlines work for a reason. So do easily digestible graphics that look authoritative and possibly objective.

Never mind that the content was compiled by an intern on the go. People are too busy rewriting their brains with potentially disastrous results to dig deeper into the issues or even the sources. As long as the marketer touches an emotion, narrows the choices, expresses confidence in the data, and delivers on any promises to somehow improve the purchaser's experience, people will buy the product, thought, or ideology. Sometimes, they even buy two.

Wednesday, March 25

Customer Loyalty Is Hardwired Into Customer Experience

Enrollment levels in customer loyalty programs may have reached an all-time high, but that doesn't mean all loyalty programs are created equal or that all customers are equally loyal. According a study recently released by Bond Brand Loyalty, as many as one-third of all loyalty program participants wouldn't remain loyal to the brand if it weren't for the program.

Some executives might not care beyond the surface sales data, but expect that sentiment to change in the near future. Customers are becoming more selective about loyalty programs despite having increased their enrollment from 10 in 2014 to 13 in 2015. Mostly, they want to avoid spam-centric programs that push out content and opt in to those that truly listen and understand their customers.

Shelly DeMotte Kramer, CEO of V3 Integrated Marketing, was right to note that there is often a perception gap between customers and the companies that are trying to win them over, citing a recent report by DotMailer. Whereas most customers said they join loyalty programs to receive discounts as an incentive to make a purchase or when they are ready to make a purchase, most businesses said their program participants want to learn about new products and receive product information.

Wait, what? Customers want to buy stuff but companies want to talk?

Of course, this one finding doesn't mean customers are in it for the discount alone. As marketer Danny Brown so eloquently wrote last year — it ain't what you do, it's how you do it. All the discounted carrots and rewards in the world won't create customer loyalty unless you're prepared to better serve your customer or make their experience even better. That's what they really want.

Consider the common denominator among three of the better run loyalty programs in the country. Starbucks fans receive drinks, food, and refills when they earn stars. Hertz Gold Plus members receive the fastest pick-up and drop-off experience in the car rental business. Barnes & Noble book fans receive book coupons, in-store discounts, and free shipping for online orders.

All of them focus not only on delivering a discount or reward, but do so by also removing perceived industry barriers. Do you want a second cup of your favorite coffee for free? Do you want to skip the line and head right to your car rental? Do you want to skip the cost of shipping (with no regard to how much is being spent)? It doesn't matter if you do. These companies know their customers do.

Do you know what is important? According to the study mentioned earlier, 70 percent of 10,000 consumers surveyed did not strongly agree that loyalty program experiences are consistent with their brand or company experiences. But nearly 20 percent of them strongly agreed that they could replace their current loyalty program if the competition was willing to offer them something better.

If that's true, then the loyalty program might only be a business Band-Aid with just enough stick to keep unloyal customers around until the next shower. And what's worse? If it is washed off or the card is tossed or the app deleted, it will be considerably tougher to recapture that customer again.

The research-backed takeaway here ought to be obvious enough. If the point of a customer loyalty program is to increase customer-business interactions (purchases and referrals), then it is even more important to make those interactions count — online, offline, with an app, or as part of an extended CX ecosystem. After all, discounts aren't always remembered but experiences are hard to forget.

Wednesday, February 25

Why Some So-Called Losses Are Really Wins In Disguise

My son had been staying after school for months, hoping to land one of 14 spots on the junior varsity volleyball team. It seemed like the ideal spring sport for him to balance out football in the fall.

He worked hard at it whenever possible, missing only one practice since the intramural pre-tryout program had begun. He was a dedicated player and progressed at a faster pace than most of his peers. When you asked any of them, they expected to be cut well before him. Except, they weren't cut.

In what seemed to be a split decision among the coaches, he finished one or two spots short out of the 30 some kids who were vying for a position. Even after one of the coaches told him coldly that he was "athletic, but not for volleyball," another coach openly disagreed and told him to come out next year.

Maybe he will. Maybe he won't. His more immediate challenge was that he had missed all the mandatory meetings for any other spring sports. It's a tough spot to be in, something long-time marketer and author Geoff Livingston described as being the "first loser." It sucks to be thisclose to a win.

Our compulsion to tally up wins and losses feeds an unproductive fantasy.

For some people, wins and losses can be very real. You either pass an exam or you don't. You win the state championship or you don't. You are hired for the position or you aren't. So on and so forth.

But mostly, our incessant need to make tally marks in the win/loss column is all a bunch of rubbish. One exam isn't a measure of subject mastery. The final score isn't an adequate measure of true performance. The position you're passed over for might be turn out to be your biggest win ever. 

The point here is pretty simple. Not only does our overemphasis on any given win or loss become a distraction from some yet-to-be-seen success, we tend to frame them all up with too much idealism. You see, winning doesn't mean everything will end well any more than losing means that you have something more to learn. Either outcome can produce the opposite of whatever it is you are looking for in the long term and you may never really know what that other outcome might have been.

As the old saying ought to go, the only thing worse than losing an account is winning a bad one. Bad accounts can burn up time with unrealistic service demands or relentless change orders, cost a company its solvency with late payments or by defaulting on any credit, and damage reputations by underplaying contributions or making vendors scapegoats for their bad decisions. They can make you crazy trying to keep them, sometimes at the expense of any underperforming but stable clients. So who knows? Maybe the universe did you a favor by spinning the wheel of fortune one spoke short.

As long as you keep doing, you will eventually have your fair share of wins and losses. And with any luck, the balance among all of them — and the real outcomes to follow — will one day amount to a legacy that you can pay forward. Because that, not any tiny win or loss, is what life is really about.

The best thing that never happened to my son was making that team. 

In less than 24 hours after being turned away from the volleyball team, my son received an unexpected text from one of his friends. While all the mandatory meetings for track had passed, the team was still looking for a few athletes to try pole vaulting. He was unsure, but undeterred.

When my son turned out on a day that the pole vaulting coach didn't make it, he asked to the practice with the shot put throwers instead. Three throws later, the shot put coach signed him to the team. Despite never having tried it before, the coach noted his perfect form and throwing potential. Now he's weighing whether he should focus exclusively on shot put or try pole vaulting too. 

Either way is a win-win decision for him. The fact that he has this decision to make tells a story that is very different from the one that opened this post. When he didn't land a spot on the junior varsity volleyball team, it opened up the opportunity for him to land a variety spots on the track team.

So was the set up really a loss? Or was it a win? Or does it merely prove one of my friend's favorite quotes that attitude is superior to circumstance? I don't know, but I'm leaning toward the latter. Losing assumes one has something to lose and most people don't. We either set out to win or merely break even. So just keep doing as long as you are happy in the pursuit of it. Being able to pursue it is the win.
 

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