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Monthly Archives: February 2013

Not Satisfied?

Posted on 2013/02/26 by admin2013/02/26

Not knowing if your customers are satisfied should make you unsatisfied. One of the oldest and yet more ignored market research activities is customer satisfaction surveying. Since customers are the source of buzz – both positive and negative – knowing what your paying customers think and feel is critical to seeing potentially fatal problems and capitalizing on stunning capabilities. It also can uncover where you think what you offer is important but actually disinterests the market. It’s almost as good as surveying lost sales an activity which is very valuable and equally rare. The key objectives of every customer satisfaction survey are to know where a company excels (for promotional purposes), where it lags (for improvement) and where there are opportunities for profitable change. I once ran a customer satisfaction survey that included a pricing sensitivity measure and discovered that my client was undercharging for their product. They received a … Continue reading →

Posted in Business Strategy, Market Research, Marketing Strategy

Promotional Propaganda

Posted on 2013/02/19 by admin2013/02/19

Perception is reality, until reality overrides perception. Marketers are branded as liars in no small part because many of them are. So pervasive is the trait that certain smart people have made good money writing on the subject. Marketers are charged with promoting products, which entails setting public perception about the product. In modern use of the word, this often devolves into propaganda instead of persuasion. Effective in the short term, setting unrealistic public perception about a product will eventually backfire. This happens to politicians all the time. Since perception is reality, at least in the short term, you need to have a clear notion of the reality you create for the market. Like the elastic in a fat fellow’s waistband, it can only be stretched so far before it fails. Since product disappointment is the essence of negative buzz, the greater the degree of potential disappointment you create, the … Continue reading →

Posted in Advertising, Branding, Communications, Marketing Mistakes, Messaging, Promotions

Content Continence

Posted on 2013/02/12 by admin2013/02/12

Content is king unless it is crud. There is no grand magic to content marketing. Yet many promotion probationers manage to muck it up. Long ago Google established that relevance was what people wanted in search, which really means they want relevant content. Producing relevant content and putting it where your target market can “discover” it makes content marketing works. Producing irrelevant content and forcing people to trip over it will cause you (and your company) to fail. Many content marketers work on the volume of content, assuming that a large number of keyword rich pages will cause customers to connect. Such “strategy” once produced high traffic but low conversions. With Google constantly refining relevance filtering, voluminous content it isn’t even producing much traffic these days. Yet when it does, the outcome isn’t conversions, but annoyed ex-prospects who feel their time was wasted chasing the promise of meaningful information and … Continue reading →

Posted in Advertising, Branding, Communications, Marketing, Marketing Strategy, Search Marketing

Triple Targeted

Posted on 2013/02/05 by admin2013/02/05

Say goodbye to television (I tossed all mine in the recycling bin several years ago … quite a liberating experience). Broadcast TV’s days are numbered, though when it will fade into distant technology memories is uncertain. Market forces can never be denied, and we are witnessing new and highly profitable ways of wasting people’s time (seriously, have you ever seen an episode of The View?). Broadcast TV’s demise will come both from consumer preference and the profit motives of providers and advertisers. Is there any way we can speed-up the process? Please! Broadcasting has always been a limited medium. Necessary in pre-digital and bandwidth poor eras, broadcasting was expensive and required people to be couch-bound at specific days and times lest they miss their favorite mental gruel. The high cost of entry isolated many creative people and separated viewers from buckets of new and potentially tastier gruel. Even starting a … Continue reading →

Posted in Advertising, Market Trends, Markets, Promotions
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