Renee Prejean-Motanky

Archive for the ‘Integrated Marketing Strategy’ Category

Writing is a Critical Marketing Skill

In Business Development, Integrated Marketing Strategy, Social Media, The Internet on April 29, 2011 at 2:02 p04

Denny Hatch (an expert copywriter) wrote an article discussing why professional copywriting is critical for marketing. He shared a story in that article that has remained with me:

“What do you do?” a guy at a cocktail party was asked. “I’m a brain surgeon,” was the reply. “What do you do?” “I’m a write,” the guy replied. “Ah,” said the brain surgeon. “I’ve often thought that when I retire I’d like to try some writing.” “And when I retire,” said the writer, “I plan try a little brain surgery.”

I loved that story! It resonated with me for several reasons, but most markedly because I have continually run into businessmen and other individuals who believe that writing only requires stringing words together on paper. Good writing requires both talent and skill. And if your goal is to market a product, idea or service, create content that interests someone other than yourself or simply to share information with others, developing the skill and having a strategy for your content is essential.

Over recent years marketing strategy has changed in one very important way. To be successful, it’s necessary to become an active participant. Instead of coordinating external sources for short-term campaign execution such as in advertising, marketers need to take real-time action That means writing of all kinds…which can mean creating a Blog and making regular posts, contributing relevant comments to discussions taking place on the Web, adding value by sharing tools and ideas on various social media, writing articles for e-zines and even the simple act of communicating directly with customers and prospects via e-mail.

While it’s still preferable to hire professionals for major writing projects, some types of writing require an authenticity that can only come from “the horse’s mouth.” The purpose of content development is not to spout the virtues of your own products or services, but to inform target customers and prospects about key industry issues, sometimes involving your products.

Let’s say, for example, that you have a client or prospect that you’ve been communicating with online and they have a need for immediate information. They request it from you –> If your response is; “Sure, I can have that for you in a couple of days,” you’ve just missed an opportunity or possibly lost a client!

The motivation behind content marketing is the belief that educating the customer results in the brand’s recognition as a thought leader and industry expert.

If you can’t step up to the plate and write engaging content that can be published now you’re not likely to survive in today’s highly competitive business environment. This is ever-so-clearly illustrated in David Meerman Scott’s book, Real-Time Marketing. Content Rules by Handley and Chapman also convincingly make the case for content marketing.

There are certain networks that require direct participation (without the help of a professional writer.) Linked In offers an example. Although it isn’t a formal network, the way you write is an important reflection on you and your business.

Remember:

• Everything you write doesn’t have to be a masterpiece of formatting and graphic design.
• Short article formats work well if the content provides meaty, useful insights. An 800 word, tightly-focused article is more than ample for engagement and asks for less time than a bigger piece.
• Know your customers/clients well enough to write for them — being unsure how to flip focus from your company and products/services to address their needs is a huge obstacle.
• If you aren’t sure where to start, it’s the direct result of a lack of content strategy.
• Being crazy-busy is not an excuse to avoid developing content.

Writing is no longer optional. Marketing today is driven by content. Tools like the social media and other Internet publishing technology only demand more fuel (content) to feed the beast!

So, tune up your keyboard and allow the writer in you to escape!

IS INNOVATION STILL THE BUZZWORD FOR A WINNING BUSINESS?

In Integrated Marketing Strategy, marketing, marketing campaign, Marketing Plan on March 3, 2011 at 2:02 p03

The buzzword for business success, for as long as many of us can remember, has been INNOVATION; how you keep consumers tantalized, competitors at bay, and margins growing. LEADERSHIP was all about fostering the creative environment that generated the ideas that gave you your edge.

Different kinds of outer diapers. Baby diapers.

But maybe innovation’s day is done. Not that long ago, a leading consumer goods company invested vast amounts of time and money developing an innovative new product: a light-weight, environmentally friendly, impeccably dry diaper—with built-in cream to prevent diaper rash! The marketing mavens behind it confidently expected to roll out their new product with a stiff price tag attached because it was the answer to every parent’s prayers.  This was innovation marketing at its best: as old products were copied and discounted, you introduced newer, more inventive ones at higher prices.

But that dream diaper never made it to the marketplace. Why? Because it cost too much! When given the choice between the “all-in-one nappy” (it was to launch in Britain where diapers are called nappies) and traditional choices, modern consumers settled for the old solution because it was cheaper.

Every business should think long and hard about this diaper because it signals a deep shift in the market.  What it shows us is that new technologies mean that cheap imitations are now very good, and the Internet makes it very easy to find them. With good, cheap copies readily available, and consumers and businesses both fleeing from debt, the extra-featured “deluxe” version of a product isn’t compelling. Today we’re all buying generics. 

The old way of segmenting markets is rapidly changing (right along with the economy.)  Buyer strategies have changed in all echelons.  Most, when given the choice between multiple features or cheap, cheap wins! Less is now more. The battle for innovation has faded and the battle for value (defined by price) has returned with a vengeance, reminiscent of past times. 

That doesn’t mean quality and customer service can slip: if anything, the anxious consumer is more demanding than ever. The belief that you can keep customers loyal and trading up has vanished. This is a lesson that Southwest Airlines taught many of its competitors.

That doesn’t mean the challenge of innovation fades, just that it focuses more on processes rather than products… How can you deliver your product for less? How do you make it easy for your customer to find you and stick with you? In this new market, customer loyalty proves more difficult to win. Only price and ease of access prove compelling.  Consumer anxiety has provoked change that is likely to last.  “If I can find a stress-free experience at a lower cost,” that is the winning combination!

10 Tips For Social Media Marketers

In Integrated Marketing Strategy, marketing, Social Media, The Internet on July 11, 2009 at 2:02 p07
Social Media Very Basic Overview
Image by litbel via Flickr

Businesses these days are engaging with consumers in new ways through social media like YouTube, Twitter, FaceBook, Myspace, LinkedIn and others.  Many set up their own social site or designate an area on their existing Website. 

Whatever vehicle you choose for your business, these are ten key lessons about social media that every marketer using these vehicles would be well-advised to take to heart:

  1. Every Brand can and should be “Social.”  – Conversations about your brand and products are happening everywhere.  You need to be a part of the conversation (not to control it, but to add your voice!)
  2. Just Get Started!  It doesn’t require a large budget to get started in social media marketing.  Start by listening.  Set up Google Alerts to monitor conversations about your brand or product.  Use TweetDeck and set up a search to monitor what is going on about your brand or product on Twitter.  Then participate in the conversation.  Just remember to be authentic, honest and transparent.  If you take those first steps and engage in the conversation , you’ll l learn more about how your brand fits into the social media space.  This will guide future programs that you may launch.
  3. Integrated marketing VS Social Media.  There is a difference between an integrated marketing campaign that includes viral components or onllne/offline coordination and a social media program.  Marketing campaigns have a short life. They, generally have a particular focus and are designed to capture the attention of your target audience.  A social media program is a commitment to engage and communicate with consumers when and where (online) the consumer wants to communicate and at no other time. If you start a marketing campaign with social components versus implementing a social media program, it’s important to start with the end in mind.  The worst thing you can do is build a group of fans, friends or followers around an initiative without a clear strategy once the marketing campaign is completed.
  4. Find Your Own Unique Path.  What works for one brand in social media doesn’t necessarily work for another.  A movie franchise communicates very differently with its customer than, say, a video arcade.  Your unique traits should be reflected in the content you create, the tone that you use and the online programs that you develop.
  5. Expenditures for Publicity.  Companies can spend a lot of money trying to launch a social media program.  Most of those efforts can be classified as part of an integrated marketing campaign.  Your approach and funding of an integrated marketing campaign should  be in line with the size and scope of your overall marketing budget.  Social media programs are much more cost-effective when viewed strictly from within your “media” budget but they need people to manage them.  So, in many cases you exchange media dollars for staff time and its relative cost.  If you are at step one: listening to and engaging in conversations about your brand, for example, while there’s no media buy someone must be dedicated to scanning and responding to the network.  That person needs to be an employee of the company.
  6. PR Agencies can play a great role, but the “VOICE” needs to be your company’s.  Remember that the consumer wants to connect with you, not your PR agency!  Your agency’s role, if involved, should be to monitor and identify opportunities. But it is the company who must respond – Authenticity is key.
  7. Get legal professionals involved from the beginning, if you have legal considerations to comply with.  Your legal department or consultant can be an ally or a roadblock.  It’s important to understand that there is not a lot of legal precedent to reference in the social networking arena.  This makes your legal experts nervous.  You want them on your team, so involve them early and help them understand your goals. This should help solidify a partnership.  When risks are identified, ask them to help you find solutions rather than put the kibosh on a program.  There are usually solutions to mitigate risk.  Together you can find these.
  8. Have a Crisis Management Plan.  In a world of 24/7 communication, the brands that can respond quickly to a crisis will be the brands that weather the storm.  A good crisis management plan must begin with active monitoring.  Good judgment must be exercised to distinguish a customer service issue from a crisis needing management.  Once a crisis has been identified, it must be responded to quickly (with a couple of hours is reasonable.)  Taking no action will certainly escalate the issue.  Immediate response helps nip a crisis in the bud.  You may find that, if your company has been active in the social media community for a while and has amassed followers who trust you, they may lend to your credibility by defending you!
  9. Convincing the C-Suite.  One of the most popular questions  asked by corporate public relations staff about social media programs is; “How do we garner the support of the “C-Suite for a social media program?”  Having a clearly defined objective is critically important to gain support of any initiative.  Since the C-Suite is most focused on ROI (Return On Investment), it’s important to demonstrate to them, why social media have become so important to the bottom line.
  10. More about Return On Investment.  Discussions regarding the return on investment of social media are prevalent these days, and with good reason.  In a tightening economy, businesses are scrutinizing their spending, anxious to ensure, that resources are being allocated wisely.  In the emerging social media space, ROI has been redefined  by some as “Risk of Ignoring”.  So when  the decision maker in your company asks you the ROI question, your answer should be, “Yes. If we create a plan, and set goals, then we can measure the returns …”
Reblog this post [with Zemanta]

SOLUTIONS THAT BUILD BUSINESS

In Communications, Integrated Marketing Strategy, marketing on June 4, 2009 at 2:02 p06

Comm Planning ModelCreating and delivering compelling communications in a world inundated with messages is one of the biggest challenges confronting organizations today.  Now, more than ever, it is crucial to break through the clutter to deliver your message and project your image.  The key is reaching your target audience with a cogent, engaging set of communication tools that accurately reflect your brand identity and your position in the marketplace.  In short, your message must get through.  In today’s marketing environment, it is imperative to engage in effective communications  with your customers if your brand is to enjoy a future of relevance and growth.

 

Reblog this post [with Zemanta]
Follow

Get every new post delivered to your Inbox.