marketing

Is your marketing making you a rock star?

May 31, 2013

Mack Collier has hit a home run with his book Think Like A Rock Star* and I really want all of you to get his message.

As consumers get more jaded by traditional advertising and marketing that interrupts rather than connects — this book serves up the answer.

Why not be so good, create so much goodwill and treat your best customers like the super stars they are — all so you can unleash the word of mouth power of those best customers? We know that there’s nothing more influential than word of mouth and that an endorsement from a trusted friend/source absolutely influences buying decisions. So who wouldn’t want more of that for their business?

Author Mack Collier has studied how some of the world’s best entertainers have inspired their fans to help grow their fan base, sell concert tickets and CDs/downloads and in general — create buzz that elevates the star’s status and earning potential.

One of the reasons this is such a smart read is because it puts the marketing emphasis where it belongs — on existing customers (and even more so…. super engaged existing customers) rather than chasing prospects. Mack outlines many ways that rock stars connect with their fans, show their genuine gratitude and appreciation to their fans and inviting those fans to be their biggest advocates and evangelists.

You’ll get all kinds of ideas of how you can make your business a rock star too. Your best customers will be as ready to give you a standing ovation as the examples in the book. One of the features of the book you’ll find incredibly valuable is the Backstage Passes. These informational call out boxes give you very specific ways you can apply the examples to your own business. Like a little recipe card — they’ll guide you step by step.

I highly recommend this book (click to buy on Amazon*)and the concepts in it. Mack models his theories well — read the book and become one of his fans!

More

Moving your prospects to the next step

May 17, 2013

When you’re creating any sort of communication aimed at a potential buyer, you want them to do what?

When I ask this question, I typically hear a range of answers like:

• Know more about our business
• Understand how we’re better than our competitors
• Wonder if we’re the right fit for them

And of course….

• Buy what we sell!

All of that is probably true. But it’s too complicated. No matter how or where we’re communicating with a prospect, what we should want them to do is… take the next step.

Your job is simply moving your prospect to the next step.

That next step might be downloading an ebook, filling out the bounce back postcard to get a no obligation quote, emailing us with questions, signing up for a workshop, clicking on the buy now button or picking up the phone to schedule a meeting.

The answer is…we want them to take the next step in the sales cycle, whatever that may be. You want the reader (or listener or viewer) to do something to escalate the conversation. At that moment – you are talking to them. You want them to talk back somehow. And your copy should tell them exactly what to do.

I can hear you now… “I don’t have to tell them to call me. They’re not stupid. They know it’s an ad.” Very true. They’re not stupid. But they are incredibly busy, fragmented and they’re probably doing three other things while they flip through that magazine that houses your ad or click to the page on your website that has your workshops on it.

A call to action isn’t a remedy for stupid; it’s a remedy for their attention deficit. Its purpose is to get them to step out of a passive role and take a more active one. Because you have about 2 seconds before they change the channel, turn the page or click on the clapping monkey animated GIF that will take them away from your offer.

How do you write copy that captures their attention for that millisecond so they’ll take action?

Be very specific and direct: You need to spell it out for them and it needs to be simple. Click here to sign up or call XXX-XXXX to schedule an appointment. This isn’t the place to be cute or vague. You don’t even have to be polite and add a “please: or “thank you.” Just give them simple instructions that leave no room for doubt.

Focus on the benefit: Remember, you are trying to stop a moving train. They’re halfway to that next click or page turn. To get them to stop that momentum and move in a different direction will take something pretty compelling. Remember that we’re all motivated by the “what’s in it for me” equation so don’t be shy about telling them how they will benefit.

Keep it simple: If what you ask them to do is complicated, requires multiple steps, has complex directions or asks for too much information, — they will just move on. How many times have you started to fill out a form and then looked at how many questions it asked and said, “forget it” as you stopped?

Make it immediate: Sometimes this isn’t possible but whenever you can, make the call to action something they can complete right now in the moment. Remember, they might discover your ad or marketing piece at 2 am or while they’re standing in line at an airport.

For most organizations, a sale is a multi-step, complicated process. So keep that in mind as you create your calls to action. You’ll have a lot more success getting people to take one baby step at a time. Just give them the steps.

More

What do consumers want from brands?

April 24, 2013

That’s the age-old question, isn’t it?

When you think about everything we’ve experienced in the last decade and a half – from the Y2K scare to 9/11, Iraq and then the recession – no wonder that a certain level of insecurity about the future has become a permanent part of our psyche as we ease into 2013.

What today’s consumers want most today is security and contentment. No doubt these wants are being shared by people’s economic outlook and circumstance, which most categorized as uneasy.

Interestingly, here are some other key needs that our consumers expect brands to help them fulfill. If you can help make one or more of these needs a reality – you will earn their business and their loyalty.

Security: Food, shelter, keep my house, increase my savings, bolster my retirement plan, a corporate job, being part of a movement but not a sole anarchist

Control: Frugality, effective money management, black and white answers that come from scientific pursuits, own business/entrepreneurship, self reliance (especially younger Millennials)

Consistency: Stable employment, stay at college, complete college

Proving self-worth: Value through charity work, striving to get promoted, finding a way to leave a legacy (Baby Boomers), training/learning something new rather than leisure time, constant resume buffering (especially Millennials), aggressive pursuit of success (older Millennial males in the US)

Honoring my needs first: Protecting my health, making healthier friendship and relationship choices, spending more time with people who have my genuine interests at heart, valuing private information more (Millennials)

Respect for others (but only if they show respect for me first): Rejection of greed and self-serving society as demonstrated by governments and corporations, helping others through volunteer pursuits

Liberty: Personal independence, time for me (Baby Boomers), take control of my investments (Baby Boomers), not oppressed/restricted by others schedules or technology

Progress: Pursuit of scientific invention and learning, further education, choice of foundations, supportive of organizations who take society forward in some way

Both Millennials and Baby Boomers believe leadership brands that are sincere and transparent have the ability to encourage them to bring out the best of themselves and progress society. In the absence of strong government and other institutional leaders, people anticipate, and may even demand, that brands step in and play the role of cultural reformers.

Here’s my take on this. Our marketplace is asking us to be much more than a seller of stuff. They’re expecting us to step up and inspire our internal team and our customers to work together to take charge of the problems facing our world. Think of it as corporate social responsibility – but on steroids. It’s not enough to write a check anymore – we have to also be willing to give our ideas, our passion and our sweat equity.

Think about how this might change the way you communicate about your company and the work you do. Think about how you could build a community of raving fans who don’t just talk about what you sell but more important – talk about what you believe.

Interesting times ahead.

 

More

Marketing is getting the details right

April 15, 2013

Marketing is getting the details right.  And its always the simple things that companies mess up.  Lt me give you an example.

As you may know, I travel quite a bit. I’m a big believer in maximizing my travel by being a loyal brand consumer…which gains me status, points and makes my travel life easier and more convenient. I try to only fly United and whenever I can, I stay in a Marriott hotel.

That affords me sort of an insider’s view of both of these businesses but still interacting with them as one of their frequent consumers.

We’ve talked before about the value of seeing your business through your consumer’s eyes and I had an ah ha moment while staying in Nashville this past week.

Because I stay in a lot of hotels, I notice card keys. I’m fascinating at how different hotels use those card keys as marketing tools. Some sell it as advertising space to the local pizza joint while others use it as a brand platform, putting a beautiful visual on the card. I equate the quality of the hotel to the beauty of the card. When I stay at a Comfort Inn or Fairfield Inn — I get pizza coupons. When I stay at a Westin — their cards are a work of art they’re so beautiful.

Whenever I check into a Marriott, I get a card that looks like this. The word elite indicates that I am a member of their Marriott Rewards program and have achieved their highest status level — platinum. As you can see, the card is pretty bland but it clearly is the platinum color…to signify my member rank.

Seems sort of dull, doesn’t it? It hardly says high end hotel to me. But this hotel is Gaylord‘s Grand Opry — a very high end hotel. By accident, they made me a “regular” key card too.

Look at how beautiful it is. (I was in their Magnolia wing) But Marriott assumes that the bland but “prestigious” card is what their most frequent customers would prefer.

I have often thought — “I wonder why Marriott has such ugly key cards compared to other higher end hotel chains” Turns out — they don’t. They just give the ugly cards to their best customers.

Here’s my ah ha moment — how often do we assume that we know what our best customers want? I’m sure Marriott thinks they’re stroking my ego by giving me the special platinum key card. But I assumed everyone got the ugly cards and I didn’t even notice that it was geared towards their elite members.

In my daughter’s college town, there are no Marriott properties so I just stay at either a Comfort Inn or something like that. Even their keys are more interesting than Marriott’s and every time I check in I think, “why can’t Marriott do better keys than these guys?”

Now I know. They do. They just don’t give them to their most frequent customers.

Is this a big deal? Absolutely not. But — that’s what marketing is. It’s the details. Most businesses get the big stuff right so how you differentiate yourself is in how well you handle the details. In my opinion, Marriott missed the boat on this one. Later this week I’ll show you a hotel that didn’t miss a single opportunity to build and highlight their brand.

More

Your marketing includes way too much you

March 14, 2013

One of the most common mistakes marketers make is that they think their customers and prospects care about them, what they sell and how it works. The human truth is consumers really do think, feel and ask “what’s in it for me?”

They have something they want to accomplish – from getting a cereal that their kids will eat to finding the right de-greaser for their airplane engines. They know the result they’re after and their buying decision is going to be based on satisfying that need.

When it comes to buying decisions, those decisions are always:

• Based on emotion (positive or negative ones)
• Based on meeting our needs and wants (even implicit)

And the truth of it is, consumers usually don’t care about understanding the nitty gritty of how those needs and wants are met.

I’m not suggesting someone would turn a blind eye to dangers, laws or morals. But think of your own buying behaviors. Typically, we don’t care how something works, we just care that it does. Or we care about some very specific aspect of how it works that is tied to us getting the result that we want.

It might be speed, expense, reliability, safety etc. that is tied back to that emotional tug. It’s all about the end result, though. Contrast that “cut to the chase” hunger for a solution with the marketing or sales’ teams attempts to sell.

We often build elaborate cases for how and why our product/service is the absolutely right solution. We list benefits (with bullet points and visuals) that dig into the nuances of every aspect of how we get something accomplished. See the disconnect?

Worried that your marketing might be putting the spotlight on the wrong part of the equation? Here are some common trouble spots.

Headlines: Most headlines are feature headlines. They are about us, not the consumer. “From 0-60 in 5 seconds” is talking about an attribute of our product. “You’ll never be late for another soccer game” is about the buyer’s desires.

Try this instead: Make sure your headline is making a promise or pointing out the consequence of them not using your product. Use the buyer’s emotions to connect them to how your wares can solve their problem.

Tradeshow booths: Because space is at a premium in trades show signage, booth graphics and materials – we tend to use bullet points galore. We want to pack in the facts. Which means we’re telling our story, not the one the buyer wants to hear.

Try this instead: Think about what your prospects ask most. Use your booth to answer those frequently asked questions about end results, rather than talk features.

Sales presentations: If you pull out some old sales presentations, take this simple test. Grade each PowerPoint slide – about us or about them. In most cases, your slides are going to be 75% about you and about 25% about what the customer wants.

Try this instead: Use this recipe for putting together your next presentation. The first 2/3 of the slides should be about the client, client’s business, their challenge and what you can do it fix it. Then, take that final 1/3 of your slides and divide them into 2. The first half – you can give them some information about your company, working with you, etc. The final ½ should be re-focused on the prospect and solving their problem.

If you start looking at all of your marketing materials with this new perspective, you’ll quickly be able to spot which ones need to have their focus re-adjusted to be more about the customer and less about you.

More

Actually, it’s isn’t all about you

February 7, 2013

At a recent jaunt to Disney World*, I found a great marketing reminder for us all.   Right in front of the brand new Gaston’s Tavern in Fantasyland, there’s a huge statue of…no shocker, Gaston. (For those of you unfamiliar with Beauty and the Beast — shame on you!).

In front of the statue is this plaque that reads:

Tribute to Gaston

An extravagantly generous gift to the humble people of my village.

From Me, Gaston

Of course…Gaston is the buffoon in the movie but all too often brands and companies get their Gaston on.  They behave as though it’s all about them.  They talk about themselves incessantly (go on…look at your website — who do you talk about?) and they behave as though they are a gift to the people they’re supposed to serve.

We laugh at the behavior when Gaston does it in the movie.  We shake our head when we talk about how “other” companies market this way -but when was the last time you did an honest gut check of your own marketing materials?

If you aren’t talking about what really matters to your potential customers and customers — odds are, you’re talking about yourself.

So a little message from Gaston and me — get over yourself and start focusing on sharing what you know/do in a way that actually helps and serves your clientele.

 

*Note:  Yes, I know I start a lot of posts with this sentence.  I’m a 12 year old boy trapped in a grown up’s body.  I can’t help it.

More

Bring your marketing to life

February 1, 2013

For the past decade, we’ve been talking about experiential marketing. It’s not enough to create an awareness of your product — you need to, when you can, connect with your consumers (B2B or B2C) in as tangible and memorable a way as possible.

So it shouldn’t really surprise us that TV spots are literally living the flat screen and moving into our 3D world.  And the TV spot component of this isn’t the mandatory part.  You could create this sort of experience off a trade show booth or product launch in lots of different ways.

A great example is what the folks at Axe have been up to.  They’re launching a new line of product called Apollo.

Yes, the did the obligatory TV spot, which you’ll see during the Superbowl (watch it below). But they also came alive in a couple ways.  First… Axe astronauts are showing up in crazy places, like Times Square and the subway.  They’re handing out products and a chance to win a trip to space. Yes… a real trip to space.  You can enter at by clicking here.  They even held a press conference with Buzz Aldrin to announce their Axe Apollo Space Academy.

Check out their TV spot:

[youtube]http://www.youtube.com/watch?v=PjzGaSQX0iU&feature=share&list=SPDYVec6pytXsTnpXwWobMljnIxvnylh5c[/youtube]

What makes all of this so interesting is that — a TV commercial isn’t enough anymore.  Even a Superbowl TV spot.  You’ve got to be able to breathe life (literally) into your campaigns so they capture people’s attention, imagination and ultimately, interest.

So how can you, who probably don’t have Axe’s marketing budget, do the same thing?

Go where your customers go — and stand out:  Don’t just be at the tradeshow in your logo wear and expect them to notice you.  You’ve got to take the risk and be a little outrageous.  Gauge it to your audience but do what most people would call “a crazy idea.”

Extend the campaign into your prospect’s lives:  You need to hop off the webpage, printed page or TV screen and “come alive” in some way.  Do you need to don a space suit and walk around Time Square?  Hardly.  But figure out ways you can take some 3D form in their world.  Maybe it’s as simple as providing them with a tool they’ll use every day.

Know your audience: Axe knows their 15-25 year old male audience and plays to them perfectly. If your audience was female attorneys 40+, you probably wouldn’t be giving away a trip to space.  Experiential marketing is not a one size fits all deal.  You need to tailor fit your choices.

How might you bring your marketing “off the page”?

 

More

JWT Intelligence — Trends for 2013

December 21, 2012

The end of the year = predictions for the upcoming year.  All of them are interesting but the one I really put stock in is JWT‘s annual trends report.  They invest a huge amount of time and money to explore and investigate our culture and I’m always impressed by the line-up of experts they reach out to, before they release their report.

Check out their trends for 2013 in this 2 minute video and then you can read a little from JWT’s Director of Trendspotting, Ann Mack as she answers a few of my questions about the trends and how they impact you.

[youtube]http://www.youtube.com/watch?v=bCDs7zQELpM[/youtube]
The ten trends for 2013 are: (buy the complete 177 page report here)

1. Play As a Competitive Advantage
2. The Super Stress Era
3. Intelligent Objects
4. Predictive Personalization
5. The Mobile Fingerprint
6. Sensory Explosion
7. Everything Is Retail
8. Peer Power
9. Going Private in Public
10. Health & Happiness: Hand in Hand

I had a chance to ask Ann Mack (JWT’s Director of Trendspotting) a few questions.  Here’s what she had to say:

What trend surprises you the most?

It’s hard to pick, as I’m so close to these trends and find all of them interesting and significant in their own ways. However …

One trend I find really interesting is what we call Going Private in Public. In an era when living publicly is becoming the default, people are coming up with creative ways to carve out private spaces in their lives. Rather than rejecting today’s ubiquitous social media and sharing tools outright, we’re reaping all the benefits of maintaining a vibrant digital identity while gradually defining and managing a new notion of privacy for the 21st century.

Consumers are quickly coming to realize that ultimate control of their online privacy is out of their hands—even for those who diligently tweak the privacy settings on their profiles. With a few lines of code, Web titans can destroy carefully walled gardens, turning the task of maintaining the desired degree of privacy into an onerous chore. While Facebook users have periodically taken to posting privacy or copyright notices under the mistaken impression that these declarations will protect them, users remain subject to the social network’s terms of service.

It’s not just the Web powers-that-be that can toy with a person’s public persona, however—it’s also tag-happy, share-happy friends who don’t realize that just because something is public information or done in public doesn’t mean people want it publicized.
So the social-media savvy are finding ways to put some privacy back into their public lives, pruning friends lists, hosting photo-free “dark rooms” at parties to deter social media–sharing and creating Facebook pseudonyms to avoid the prying eyes of employers and others.

This is a compelling opportunity for brands, as they can amplify these existing behaviors. Argentina’s Norte Beer, for instance, found a clever way to ensure that “What happens in the club stays in the club” with an amusing innovation: a beer cooler that keeps drinkers safe from paparazzi-in-training. Distributed to various bars around Argentina, the Photoblocker emits a bright light when it detects the flash from a photo, making any images unusable. Nearby drinkers can safely party without fear of wide exposure.

If you were advising a business owner — which trend would you call to their attention first?

One trend we look at for 2013 which is important for business owners to consider is the rise of Peer Power. As the peer-to-peer marketplace expands in size and scope—moving beyond goods to a wide range of services—it will increasingly upend major industries, from hospitality and education to tourism and transportation. This is a culmination of a number of developments we’ve spotlighted in our Things to Watch over the years—from Couchsurfing in 2008 to Crowdfunding in 2009 to Micro businesses like Airbnb in 2011 to Crowdsourced Learning and P2P Experiences in 2012.

As P2P companies begin to disrupt major industries, many established players will turn to existing laws and regulations to limit their growth. But there are alternative (or parallel) paths that big brands can take that are less knee-jerk and more forward-thinking. For one, they can use the emergence of this new competitive set as an opportunity to rethink how they operate or position their B2C businesses in this growing P2P economy. And they can examine what kinds of new behaviors and expectations the P2P model is creating among consumers and start delivering against those.

Rather than fear or fight the encroachment of this new competition, established brands can embrace this development through a variety of means. Perhaps the easiest is to partner with peer-powered businesses in the same or related categories. BMW, for instance, took a minority stake in ParkatmyHouse through its i Ventures venture capital arm, which aims to extend the company’s range of products and services over the long term by investing in innovative mobile service providers.

Taking it one step further, brands can add a P2P element to their business or launch a business line that addresses a newly created demand or challenge to their industry. For instance, high-profile universities including Stanford and Princeton are participating in MOOCS (massive open online courses), via new ventures like Coursera, rather than fight the tide of free or low-cost online courses, many taught by amateurs.

In partnering with these upstarts or launching their own version of a P2P service, established brands can infuse freshness or modernity into their persona, broaden their appeal and/or get an existing consumer segment to look at them in an interesting new light. Initiatives such as this also provide the opportunity to learn more about the audience, inner workings, and strengths and weaknesses of P2P enterprises.

Looking at the trend list as a whole — what do you think it says about the last few years?

New technology continues to take center stage, as we see major shifts tied to warp-speed developments in mobile, social and data technologies.Many of our trends reflect how businesses are driving, leveraging or counteracting technology’s omnipresence in our lives, and how consumers are responding to its pull.


Looking back, which of the 2012 trends do you think fell flat or didn’t really come to fruition the way you expected a year ago?

Any trends with real significance can’t be assigned to just one calendar year. The trends we explore on an annual basis have significant weight and momentum, and indicate shifts that are likely to be with us for a while. That is why we track our trends from past forecasts on an ongoing basis. As for our 2012 trends, we continue to see them play out in new and numerous ways.

“Celebrating Aging” is one of those trends. Last year, we observed: “Popular perceptions of aging are changing, with people of all ages taking a more positive view of growing older. As demographic and cultural changes, along with medical advances, help to shift attitudes, we’ll redefine when ‘old age’ occurs and what the term means.”

This year we saw that development reflected in product development, marketing and entertainment. Earlier this year, for instance, MAC cosmetics launched a collaboration with 91-year-old style standout Iris Apfel. The collection is inspired by colors favored by Apfel, a longtime interior and textile designer who’s come into the spotlight in her twilight years. We also saw the critically acclaimed movie, The Best Exotic Marigold Hotel—described by Time as “a charming celebration of aging”—become a surprise box-office hit. The film by director John Madden follows a group of British retirees moving to India to live in an old hotel and features acting heavyweights Maggie Smith and Judi Dench, both of whom turn 78 this year.

Another trend from our 2012 forecast, “Objectifying Objects,” continues to gain momentum. As objects get replaced by digital/virtual counterparts, we’re seeing more people fetishize the physical and tactile. This is giving rise to “motivational objects,” or items that accompany digital property to increase perceived value, and digital tools that enable creation of physical things.

This past year, for instance, we noted an increase in a range of new services that allow people to get to grips—literally—with their social media output, turning it into real-world items. MOO Inc. offers business cards created from Facebook users’ Timeline images and data, using the same fonts and layout; it includes the person’s Facebook URL. The Twitter Poster re-creates the customer’s profile picture using his or her tweets. And Stitchtagram is a service that crafts handmade pillows using fabric printed with the customer’s Instagram shots.

 

More

Five trade show mistakes to avoid

December 13, 2012

Mistake #1: Not having a pre-game plan.

Trade shows are one of those things that sneak up on you. You’re going to have to be out of the office for a few days, you need everything shipped in advance and you’re juggling your regular work. But the prep work should be done months in advance, which you can still take action on the ideas you think will give you the bang for your buck.

You should have an action plan for pre show, the show itself and post show. Most people put some thought into the actual event but rarely do anything in advance to get attendees to their booth. You can do something traditional like an attendee bag insert or you could get creative and do something in the lobby of the hotel most attendees will be staying at. But do something.

Mistake #2: Pretty pictures are a dime a dozen

Yes, a spectacular booth is eye-catching and can sometimes draw a crowd. But these days, those are table stakes. Most companies have a visually appealing booth filled with pretty pictures. You want the attendees to know, at a glance, what you do and why they should care.

Keep these tips in mind. Show me before and after shots. One or two huge visuals are more effective than a montage or lots of smaller shots. If you can do a live demo – all the better. Capture my attention from across the room and invite me to get closer.

Mistake #3: I don’t care about you, I care about me

This is a marketing maxim we should all know by now. They don’t want to know about you. They want to know about you in relation to them.

Don’t tell me that your product is a polynomial formula of XYZ. Tell me that you can put more money in my pocket by helping me grow heartier plants. Don’t tell me that your software specs, tell me that you can save me half a day.

Remember, as they walk by you they’re asking, “what’s in it for me?” If they can’t spot the answer, they’ll keep on walking.

Mistake #4: Give me something to talk about

I have never attended a trade show where someone hasn’t said “you’ve got to check out booth XYZ.” Your goal – be that booth. It might be a killer giveaway, a interactive experience that has people coming back for more, a product that is going to change the way I do business or an industry celebrity signing autographs and charming the socks off people.

It’s usually not the cool booth itself. It’s something that’s happening in the booth. Create that buzz on the floor

Mistake #5: Actually follow up

This is the one I find most staggering. More than 90% of companies who exhibit at a trade show do nothing to follow up with attendees. Why bother going?

The problem is – this should be part of the pre-show prep. If it’s not, you’ll come back to the office, things will be crazy, you’ll have to create something to send out, that will take longer than it should and pretty soon, you’ll think it’s been too long so forget it.

That is a seriously expensive decision. Know before you leave for the show what will happen when you get home from the show. Or don’t waste your time going.

More

Could your marketing strategy benefit from an outside audit?

November 30, 2012

Drew’s note ~ Here’s some practical advice from the folks at Simple Machines Marketing and we couldn’t agree more.  We often start our engagements with new clients with an audit like Charlie describes:

As a marketing strategist who works directly with clients, I’m very familiar with the frustration businesses feel when it comes to marketing. The common theme in a lot of the frustration has to do with uncertainty. When a client is responsible for making projections and they’re forced to deal with the probabilities and estimates of a new marketing channel, that’s frustrating.

The fact is that even businesses with a healthy revenue stream and an active marketing operation are often frustrated by uncertainties in marketing. Is there still a good amount of revenue out there that could be claimed with a sharper strategy? If you doubled down on your advertising budget, would that mean doubling your profits? Or, could you be spending less and seeing the same results? Maybe everything is perfect the way it is now?

The Objectivity Problem

Assessing your own marketing plan is trickier than it sounds. While you might think that you’re looking at your strategy objectively, there are factors that make this extremely difficult.

For example, there’s a strong tendency to do things the way they’ve been done before—it’s just human nature.  We’re already comfortable doing things a certain way, and who’s to say that changing them now will make much of a difference? Plus, there’s the person who came up with this plan, and we don’t want to make her feel bad by changing it up for no good reason, right?

An Unbiased Perspective

With an outside marketing audit, businesses can benefit from a totally unbiased perspective on their marketing opportunities—free of any favoritism, precedent, or attachment that might be obscuring a clear picture of the situation.

To illustrate how the audit can play out, I thought I would share a couple of my own experiences with this process:

• • AdWords Overspending. Last year, we started working with a client who had already been advertising using Google’s AdWords for several months. They were spending a lot of money on all kinds of clicks; to them, that was a normal and predictable amount to spend every month. When we performed an audit of their PPC campaign, we discovered that by focusing on more targeted keywords and revisiting the copy, we could significantly lower their CPC and spend level while driving more targeted traffic at a higher conversion rate. The surplus budget from AdWords was recently put towards a telemarketing test – which has turned out to be a promising new lead generator.
• • In-store Marketing Overload: A different client recently asked a couple of us come out and visit his store for our marketing kickoff meeting. When we walked in the door, we noticed something right away: there was way too much in-store marketing. His store was crowded with signs, posters and displays—so many things all competing for our attention that we didn’t know where to look. When we brought this up to him, he told us that these advertisements had all been added gradually by his vendors; for him, the sensory overload wasn’t something he ever really noticed or thought about. An outside audit helped him to realize that in order for any of these advertisements to be effective, he needed to slim things down a lot.

These are just a couple examples, but they both illustrate why the marketing audit is a powerful and time-tested tool. Whether it’s your brand, your marketing channels, your ad budget, or the number of signs in your store, an audit can ensure that your plan is on the right track and that you’re not missing opportunities to improve.

Has your business ever had an outside audit? What was the result?

Charlie Nadler is the Marketing Strategist for Simple Machines Marketing, a Chicago marketing firm. Simple Machines works with a variety of small businesses in their area.

More