Showing posts with label change. Show all posts
Showing posts with label change. Show all posts

Thursday, June 06, 2013

Why marketers owe a debt of gratitude to IT

In this Forbes article by Eric Lai of SAP, Lai addresses a recent report from Gartner that predicts marketers will outspend CIOs in just a few more years.

marketing automation and big dataAs I've been saying for years, marketing is far broader than marketing communications, the role with which it is often wrongfully equivocated as marketers become increasingly reliant on data to drive decision-making .

Today Mr. Wanamaker would know which half of his advertising is wasted because today's Wanamakers have professional, data driven marketers fine tuning lead generation, demand generation, lead nurturing, campaign analysis, social media automation, mobile marketing, and so forth.

It's the thing of science, not art, and marketing is increasingly the purveyor of both, making marketing a 'real job' in the eyes of executives and mothers-in-law alike.

Tuesday, May 14, 2013

Avoiding a 'Nightmare': Small business lessons from Gordon Ramsey


I’ve noticed, from watching too many episodes of Kitchen Nightmares (a DVR is a curse), that all small business can learn something from Gordon Ramsey's formulaic approach to restaurant turnarounds.  The show is eminently predictable  but entertaining nonetheless. It's formula, and it's lessons, are applicable to many small businesses. First, the typical revelations for featured restaurateurs on Kitchen Nightmares, followed by the truism for all small businesses:



·         KN: Your issues are grounded in the fact that you have no prior restaurant experience.
o   A track record and case studies are important tools in selling. Know what it is you are offering your customers
·         KN: You think Gordon will love your food and you just don’t know why business is poor.
o   You can’t be so close to your business you miss the bigger picture.
·         KN:  You will be surprised and angry when Gordon doesn’t like your food.
o   Your business is your baby, but you have to be realistic about how good and how unique what you are providing actually is and be prepared to change. A lack of complaints is not a series of endorsements. Regularly poll customers to identify areas of improvement.
·          KN:  Gordon will not like that you use a microwave and use canned and frozen ingredients.
o   Your offering must be unique to you. What is your vision, mission, your unique value proposition? You cannot simply do the same thing faster or cheaper
·          KN:  You will yell at Gordon and ask him who he thinks he is.
o   Invite criticism. Criticism and failure are difficult but necessary to success. Do not create an atmosphere where employees fear complaining or offering suggestions.
·          KN:      Gordon will find icky things in your kitchen.
o   Stay organized and responsive to your customers.
·          KN:     Gordon may close your restaurant for a good scrubbing if it is extra icky.
o   Remain ethical and fair in all your business dealings.
·         KN; Gordon finally makes you realize some things about yourself.
o   Take time to think, strategize, and redirect.
·         KN: You will agree to start acting an owner.
o   Know your goals, your priorities, and create plan to move forward.
·         KN: Gordon will simplify your menu and feature fresh, simple ingredients from local merchants.
o   Keep it simple, stupid. Always worked, always will.
·         KN: Gordon will update your drab, 80s décor.
o   Thought leadership is critical to your brand. Stay on top of changes in your industry. Better yet, create them.
·         KN: Your service will initially be poor on re-launch night.
o   Change is painful. Change takes time.
·         KN: Suddenly your staff will get it together.
o   Hire good people and trust them to get the job done.
·         KN: Gordon will meet with you and your staff afterward and tell you how far you’ve come.
o   Reward and recognize small wins along the way.
·         KN:  You will hug Gordon.
o   Sit back and enjoy the fruits of your labor.

...and there will be cursing. Lots and lots of cursing.

Wednesday, May 02, 2012

A Living Death

George A. Romero was an early contributor to t...
George A. Romero was an early contributor to the genre with his 1968 film, Night of the Living Dead. (Photo credit: Wikipedia)
No, this post isn't about the Zombie Apocalypse, although that'd get a lot of page views. Its about yet another pundit suggesting something is dead. That too gets page views. Death, vampires, and celebrities. Dead celebrity vampires are especially good for page views. But I digress.

No, this post is about a recent speech to the IoD given by Saatchi and Saatchi CEO Kevin Roberts who boisterously proclaimed (as ad people are fond of doing) the following things as dead:

Marketing.
Value Statements.
Strategy.
The 'Big Idea'.

Suddenly I'm not feeling too good myself.

In fact, these things are not dead, they are merely changing. I'd use a caterpillar/butterfly analogy here but I fear metaphors may be dead too.

Marketing used to be about positioning, segmentation, and anticipating customer needs. Roberts says that approach is dead because change is too rapid today. Essentially, he says, think too long about it and 'poof!' its different and you're on the wrong track.

That's not death, that's just an acknowledgement of the importance of agility. Marketing requires greater agility than ever before. It means marketers have to listen more than ever before.

Value statements are dead and dreams are in. Dreams are in all right, dreams in the form of stories that register with customers. That's not death, that's an ability to convey moods, emotions, and to create relevance for your brand among customers. Tell a story, don't recite a fact... build a relationship, not a transaction.

Strategy involves too much consideration in a hyper world. Take an action, any action. Strategy is death. Still, if you don't have a destination in mind, to paraphrase the Cheshire Cat, any road will get you there. Strategy isn't dead. Analysis paralysis is dead.

Big ideas are dead, small ideas are where the excitement is. A series of ideas appealing to segments to build relationships that taken together add up to that one... big... idea. Dead? No. Chopped into little pieces to create something new? Very much alive.

Marketing isn't dead. It's just that the margins for error are slimmer. So the decisions we make now as marketers just appear more, well, life or death. 
Enhanced by Zemanta