Posts tagged ‘Marketing Tactics’
Strategy First, Then Tactics
(The following is an excerpt from the Introduction of the upcoming book Marketing From the Navel: How to Become a Company Worth Talking About and Arm Customers to Spread the Word)
I have a favorite saying by the famed war strategist, Sun Tzu, that says, “Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat.” In the marketplace today, there is a lot of noise. Anyone who learns how to use Facebook is all of the sudden a social media “expert” and the bookstore shelves are littered with publications giving their take on what this new reality means from a marketing perspective. Most of this literature tries to tell you what is going on in the market but few give you the tools to do something about it.
If you were looking for a Twitter or Facebook “tips and tricks” book, then you have come to the wrong place. There are plenty of excellent publications available that will help you hone your skills in one particular technology or another. There are some publications that will give you a task list (i.e. “write a blog”, then post it on Facebook, then Tweet about it). Others will give you a list of rules for online etiquette.
Stephen Covey talks quite a bit about “paradigms” in his writings, such as The 7 Habits of Highly Effective People. A paradigm is a mental map, or the way in which we see the world. He uses the analogy of an iceberg to illustrate that the tip of the iceberg is our behaviors or our attitudes. If we want to make small changes in life, we work on the tip of the iceberg. However, if we want to make large, quantum changes, we work on the mass of the iceberg beneath the water, which is our character. It is as Blaine Lee states in his book, The Power Principle, “The principles you live by create the world you live in; if you change the principles you live by, you will change your world.”
I believe organizations work the same way. For so many years, we have operated under a certain paradigm. The industry as a whole has been making small changes by simply changing their tactics or their attitude about the consumer revolution. We have merely added social media or viral marketing as arrows in our quiver. I want to do more than change your list of tactics, I want to change your paradigm. I want to change the way you think about marketing.
Secondly, you most likely hear a lot of “noise” in the marketplace about new marketing tactics and how the old ways are dead. The Internet bubble of the late 1990s taught us many lessons about hype versus substance. The biggest lesson of all was that core business principles don’t change, but remain constant. For example, you still need a business plan that will generate revenue at some point (being bought out for millions of dollars because you have a lot of users doesn’t count). Also, cash is still king, and the faster you burn through your venture capital money, the faster you will make it to the unemployment line. This is the reason Amazon.com is still growing, yet Pets.com is a mere sock puppet memory. The Internet bubble taught us that though the delivery mechanisms may change, the core principles stay the same.
While there is significant hype about new forms of marketing, whether it be new media, word-of-mouth, or simply new places to plaster ads (i.e. cell phones, urinals, bases in baseball stadiums), there is a risk in all the hype. People are again forgetting the basic principles of marketing that still apply and are more important than ever. Like core principles in the universe (i.e. do unto others as you would have them do unto you), there are core principles in marketing that never change – despite the tactics. Many of the technology tools available today, such as Facebook, Twitter, or LinkedIn didn’t even exist 5 years ago. The tools may change, but if you understand the principles you can be successful no matter what the hot new technology is.
In the following pages, you will hear familiar terms, such as “positioning”, “customer segmentation”, and “customer experience”. Do not be alarmed! These are simply some of the core principles of marketing that, when applied correctly in the new paradigm, are just as powerful and more relevant than ever.
In this book, I introduce two separate models. The first model will help you develop a company worth talking about. This is the strategy component. Before you do anything online or off, you have to create something worthy of our attention, worthy of our passion, and worthy enough to pass along. Otherwise, you will merely create the “noise before defeat.” The second model takes the buzz-worthy organization you have now created, and shows you how to deputize your own customers to take your message out and spread the word. This is the tactical component that will help you achieve a quick “route to victory.”
There were many who were too comfy in the existing power structure and existing paradigm. Marketers controlled the message, the medium, and the content. Today, they are no longer in the conversation, and that elicits great fear in executive corridors and ad agency war rooms. However, those that embrace and implement the following models and principles will find that it is an amazing time in our profession. Never before have we been able to engage with each consumer on a one-to-one basis. Never before have we had the key influencers in our target market gathered together in a central location. Never before has a message been able to spread so quickly.
All you need are the tools… the tools of the revolution.
McKinsey Agrees: Web 2.0 is Not a Marketing Tactic
I have been involved in selling and marketing technology products for many years. Regardless of the technology, there is always one fatal error that too many companies make. They think that implementing new technology will solve problems when, in reality, processes and strategies solve problems – technology just speeds it up. Technology is meant to make processes, strategies, and cultures more efficient, not to take their place.
I have mentioned before in my blog that Web 2.0 technologies are not merely marketing tactics. Like many other technologies, Web 2.0 is simply a collection of tools that are meant to improve transparency and interaction. However, if you maintain a “closed-door” approach where you continue to think you are in control and play the “pay no attention to the man behind the curtain” game, Web 2.0 can hurt you more than it can help.
A friend of mine (who will remain anonymous to protect the guilty) forwarded to me a recent study done by McKinsey and Co. of over 2,000 companies worldwide who have implemented Web 2.0 technologies. McKinsey dissected the information between those satisfied and unsatisfied with their Web 2.0 efforts as well as by region of the world. You can read the study here: McKinsey on Web 2.0.
It is a fascinating read and I highly recommend it, however, I would like to point out a couple of the findings. First, those who were the most unhappy with their Web 2.0 results were those who had these tools forced upon them by the IT department. Those most happy with their Web 2.0 results were those who implemented the tools themselves with little to no involvement from IT. In other words, they believed in the philosophy first and then found the tools to help them deliver on their vision. (As a side note, this may also be a result of the fact that IT enjoys over-engineering everything while there are many free or low-cost tools out there for Web 2.0.)
The final factoid I would point out is that those companies who were most satisfied with their Web 2.0 results were those who made the internal organization changes to match the tools. Not only did it create major new roles or functions in the organization, it fundamentally changed the organizational structure. This plugs directly into the Navel Model – make the internal changes first and then find ways to communicate them.
Take a read and let me know what other gems you think are important to point out (besides the fact that McKinsey should take it easy on me for posting this report).
What should I blog about?
This seems to be one of the most oft asked questions I receive. It typically comes right after, “I want to start a blog.” Most often this comes from the fact that this person has heard the term “blog” so many times, they feel like they are missing the bandwagon and need to get on board. “Bobby has a blog so that means I need one too.” Well Bobby may just be more interesting than you!
Having a blog is one of the easiest things to do, but one of the hardest things to do well. The first shocker I give people is to tell them it is not a marketing tactic. Blogging is a way to create transparency and, most importantly, start a dialog. It would be like asking someone ” would you like to chat” and then after they say yes proceeding to give a long lecture about how so dang cool you are. Simply maddening.
So why have a blog and how do you do it right? The first step is to first have a cause – a compelling reason to write. As I have often said to clients, customers buy products but evangelists buy causes. They buy into something. And no, selling more stuff is not a cause. Come up with a higher, holier calling about what you do.
Step 2 is to explore the cause. Make it conversational. Explore the different opinions on the topic. Ask for input and feedback. Make it stream of consciousness.
Also, remember the key rule of blogging – make it compelling. That means you need to piss them off, make them laugh, tug on their heart strings, or spark their interest in some way.
Don’t blog just because some marketing guy told you to. Blog because you are passionate about something. Blog because you have some expertise in a particular area. Blog because you want to change the world in some small way.
There are a lot of bloggers out there with some great success. What do you find makes a good blog?
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