Posts Tagged ‘Branding’
How Audience Research Can Help You with Your Traditional Marketing Efforts
As traditional marketers, we have years of experience understanding our markets, what products and services they need/want, how to communicate best with them, and how they regard our brands, right?
Well, maybe not…
We have often relied on marketing research (primary or secondary), sales team feedback, customer satisfaction surveys, etc. to provide insights into those areas. The issue with most of those forms of feedback is that they tend to provide the answers we want to hear or find necessary to meet our internal business goals (either as an organization or a professional).
Audience research, on the other hand, uncovers specifically how markets use products and services, speak about them, form communities, etc. It’s like watching a pride of lions in their natural habitat. Regardless if it’s a B2B or B2C market, when we take the time to watch people in their natural – or comfortable – habitat, we will see their true behavior and opinions surface. If you haven’t done audience research, it can be quite eye-opening. But more importantly, it can’t be fabricated. As an organization it’s your choice to ignore it (at your peril, potentially) or to embrace what’s really going on in the market.
So how can audience research help traditional marketing efforts?
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Tags: Analysis, Audience Research, Branding, communications, Customer-Centric, Data, Ethnography, Marketing, Product Development, Psychographics, Serengeti Communications, Service Development, Sociographics | 
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Galileo and the Importance of Integrated Marketing Communications
You might be wondering what an Italian physicist, mathematician, astronomer, and philosopher has to do with integrated marketing communications (IMC). Well, I consider Galileo a dot connector and integrated marketing communications is about marketers connecting dots so that your customers, prospects, communities, etc. don’t have to. And you know me, my marketing brain only thinks one way, integrated. But there’s more to this post than that…
A few weekends ago we drove past a billboard for the Galileo, the Medici and the Age of Astronomy exhibit at The Franklin Institute. I hadn’t heard about the exhibit so the billboard did its job, I was hooked, I checked it out online and we made plans to see the exhibit this past weekend. (Amazing, isn’t it?! A billboard! See push marketing still works.) I even talked about it on Twitter.
Even though I have lived my entire life only 25 miles from The Franklin Institute I had never been there (true!), so I was really excited to check it and the Galileo exhibit out…the notion of history, politics and science intrigued me to say the least.
To prepare for our trip we checked out The Franklin website and made a list of everything we wanted to see in addition to the Galileo exhibit. The one other thing that we were completely jazzed about was seeing “The Sky Tonight” at the Fels Planetarium. Just think about it, sitting under the night sky during the day, how cool, right?
The weekend rolled around, chores were done, and errands were run. We set off for The Franklin. Finding parking was a breeze (which is never the case in Philly), we didn’t have to wait in line to buy tickets, and everything was perfect!
And then it got a little bumpy…
After we bought or tickets, the girl behind the ticket counter shoved a little schedule towards us and we immediately looked for the 4:15 time slot for The Sky Tonight, but it wasn’t listed. Surely this had to be wrong, right? We checked their website schedule twice during the week and once before we left. It was listed on their site…they even offered the ability to add it to my calendar. But no. The girl said that was the schedule for the day. We were so bummed, but off we went to the Galileo exhibit and we picked another show at the planetarium.
Wait! What’s this? The sign above our heads as we entered the planetarium said “4:15 The Sky Tonight.” Excellent, she was wrong! It was back on.
So, we sat through Cosmic Collisions, which was amazing and actually made you feel like you were moving, which was a bit freaky. Afterwards, I figured I’d ask the guy “in the know,” the one running the planetarium shows. It was one of those typical “Hey Mister!” scenarios. I asked and he said, no it wasn’t showing. Naturally we asked why the sign said it was…he said “good point, I guess we never changed it.”
Hmmm, interesting. Onward and upward as they say. We left the planetarium to see what other goodies we could find to entertain ourselves with.
Organizations, like The Franklin, that require flexibility typically have a “subject to change” on their website. While I get that as a marketer, but as a consumer, I really don’t. I wanted to see what was advertised. It’s that simple.
What’s the point to all of this? It’s the little things that matter. Organizations need to make sure that they have all areas of marketing integrated…no matter how small the details. Because if you don’t your customers will notice.
If it’s Twitter, tweet me back and let me know that you’re excited for me to come visit (The Franklin didn’t); if it’s website make sure your schedule is reflecting the very latest, up-to-date information (honestly, we would have picked another weekend to go); if it’s a lobby sign, make sure that’s up to date too (don’t tease me!).
While the overall experience at The Franklin was a great one, it would have been excellent if only The Franklin delivered on what they advertised.
And as you know, it’s also a lesson in customer satisfaction and social media. I have a voice and, for better or worse, I am using it here on my blog. Will I go back to The Franklin? Absolutely. Even if annoyed, we still want to see The Sky Tonight and we’ll give them another shot to make good on their advertising. Will I tell others how cool The Franklin is, you betcha! But I’ll offer this word of advice, if there’s something you really want to see…call first to check the daily schedule.
What do you think? Should we marketers worry about every little aspect of integration? Is it the little things that create or enhance a customer experience or affect a brand?
[Image: Discovery Magazine]
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Tags: Branding, customer experience, integrated marketing communications, Marketing, Marketing Communications, Social Media, The Franklin Institute |
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Personal Brand Equity: What’s it worth?
I had an interesting conversation with Peter Kim while out at SXSWi last week about my recent personal branding post and the comments he left a comment asking me to expand my thoughts from a corporate perspective and to explore the parallels between corporate and personal approaches. During our conversation Peter said that he thinks that most people will have a personal brand over time, so I asked him what he thought that would mean from a corporate viewpoint. He asked me to write a post on what I thought it meant and, well, you know me, I have lots of opinions and thoughts…so here goes.
I agree that most corporate people will begin to create online ‘personal brands’ by setting up LinkedIn, Facebook, Twitter, insert next new cool online tool here, accounts. But is that enough from the corporate perspective?
Having these accounts doesn’t automatically grant people with personal brand equity. And I think that’s the disconnect that I have with personal branding. Having a bunch of online accounts doesn’t just automatically equate to equity. But what you do with those accounts including the conversations you have and the people you are connected to does have the ability to establish online personas and reputations that might equate to equity and that’s what corporations are interested in. It’s like the new sales person showing up with an already established network. The sales person is implying that they have established relationships that will help to generate revenue (and their bonuses!). Sales people sell against a revenue number and that’s the potential equity they bring to the table. But what if you aren’t in sales? As a marketer, what does your personal brand bring to the table in the form of equity?
Let’s take a step back and wrap our heads around traditional corporate branding (there’s a method to the madness and boring definition review).
Brand: A name/mark intended to identify and differentiate a product/service of a seller
Brand Mark: The part of the brand that appears in the form of a symbol, design, distinct color/font
Brand Name: The part of the brand that can be vocalized (words, letters, numbers)
Brand Loyalty: A buyer’s commitment to repurchase the brand
Brand Equity: The value the brand adds to the product/service
For generations marketers have been branding with these terms in mind (think Coca-Cola, Nike, Amazon.com, etc.). But let’s look at it from a personal perspective in relation to working for a company, government agency, non-profit, university, etc. (the “corporate” perspective).
Personal Brand: A name/mark intended to identify and differentiate a product/service of a seller
Personal Brand Mark: part of the brand that appears in the form of a symbol, design, distinct color/font
Personal Brand Name: The part of the brand that can be vocalized (words, letters, numbers)
Personal Brand Loyalty: A buyer’s commitment to repurchase the brand
Personal Brand Equity: The value the brand adds to the product/service
So how do the definitions change when “personal” is added? And what should corporations look for or expect? You didn’t think they should hire you just because of your cool online presence, did you?
- What are you selling? How does your unique skill set, experience, reputation, etc. achieve corporate goals and objectives?
- What’s your brand mark? Perhaps you have a personal logo or an avatar (photo). Are you distinct?
- What’s your name? That’s obvious. But is it a well known name that a corporation would embrace? Is it a name recognized and established in the industry?
- How much loyalty do you have banked? Can you bring ready-to-buy customers/prospects to the table upon hiring? Does the brand loyalty you’ve established help shorten the sales cycle? Do you have marketing/PR relationships that help save money or generate revenue?
- What is your personal brand worth in revenue? What value does it add to the existing corporate brand? (Or does it conflict?) Does your personal brand help propel the corporate brand forward or create buzz?
The last one, personal brand equity is of a lot of interest to me. Years ago there was a push to make marketing professionals accountable (brand valuation) for the financial well-being of corporation brands. Wikipedia explains it this way: “[to] measure the brand as a financial asset. In short, a calculation is made regarding how much the brand is worth as an intangible asset. For example, if you were to take the value of the firm, as derived by its market capitalization–and then subtract tangible assets and “measurable” intangible assets–the residual would be the brand equity.”
From the brand equity perspective, what I am wondering is that if you feel strongly about personal branding, would you stake your income on it? Would you be willing to derive a portion of your income based on how much you positively or negatively influence brand valuation from an accountant’s viewpoint? (i.e. if it’s positive, more income; if it’s negative, less income perhaps even termination).
From the corporate perspective, should corporations pick people with established online personal brands over those that do not? What if their skill sets are the same? Should someone with an established online personal brand be paid more?
From a personal approach, what if you are the personal brand that owns the company? Do you view your personal brand equity stake to be even higher and therefore riskier?
Would a company full of personal brands that were compensated on personal brand equity provide a better customer experience?
What are your thoughts? What am I missing? What would you add?
[Image: iStock]
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Personal Branding: Be careful what you wish for
I really didn’t want to be part of this whole “personal branding” conversation because I just don’t believe in personal brands. But after a Twitter conversation last week, I feel compelled to say something. I am not going to dive into why I don’t believe in personal branding here today, but just know that after doing corporate branding for almost 15 years, I struggle with transferring those same concepts, trademarks, theories and applications to…people (other than JLo, Madonna, etc.)
Don’t get me wrong, I truly believe that marketing, PR and communications folks need to have an online presence/reputation especially when it comes to networking. I’ve known so many professionals that let their networks go because they are so busy with work, family, etc. and then when they want a new job or get laid off they struggle to establish or re-establish a network…and it’s usually too late because it can take years to establish and maintain a network of people who know and trust you. Valuable networks require time and nurturing…after all, we are talking about people here. And in this tough economy, it usually takes an established network to help you land a job or to open a door or two for you.
Should marketing, PR and communications professionals develop an online presence and manage their online reputations? Yes and yes. No argument there.
Should marketing, PR and communications professionals develop personal brands? I am not convinced. Let’s look at a couple of examples.
Example One: MarketingProfs
As a marketer, I talk to a lot of offline marketers (offline = they don’t have Twitter & Facebook accounts). I often ask them “Do you know Ann Handley or Allen Weiss?” I get a blank stare. Then I ask “Do you know MarketingProfs?” The response I typically get is “I LOVE MarketingProfs, such great information…love their newsletter, etc.” I love MarketingProfs too and have been a member since 2000. And now that I know and have chatted with Ann and Allen both in person (I had the pleasure of meeting Ann at the Digital Marketing Mixer) and on Twitter, my commitment to being a Premium Member is cemented and they can be guaranteed of my ongoing renewal. Even though Ann has her own well-known blog, I get the impression, as a customer, that along with the folks that aren’t in the public eye, both Ann and Allen mainly focus on being MaketingProfs employees and brand stewards. (But I hope they’ll stop by and clarify that for us).
Point: The MarketingProfs brand is solidified by their employees’ passionate and authentic brand management work.
Example Two: Dan Schawbel
Let me just say even though I don’t believe in personal branding, I have a huge amount of respect for Dan Schawbel and his work in personal branding. He’s really done a great job with branding himself and becoming known as a top leader in the personal branding space. His work, I am sure, has helped lots of Generation Y folks get their online reputations in order. But I’ll ask this one question…do you know where Dan works? He works for EMC Corporation, a high-tech IT equipment manufacturer. Honestly, I know more about Dan’s work on personal branding than I know about Dan’s work for EMC. I’ve never met Dan or chatted with him on Twitter, but for the longest time I thought he was a personal branding consultant. So, how does EMC, his employer, benefit from his online “personal brand?” Is Dan utilizing his personal brand to talk with IT data center professionals about how an EMC Clariion solution might work for their data center and to promote the EMC brand?
(Dan, sorry to use you as an example but you are the king of all things personal branding! I hope you’ll stop by and let us know how things are working with your and EMC’s brands.)
Point: Whose brand is more important? The company’s or the employee’s?
Example Three: A personal experience
I was at a job interview over the summer for a job that I wasn’t really interested in, but wanted to see what the company had to offer. The hiring manager came into the interview with my resume in hand and started asking me the typical interview questions. All was going okay until he asked this one question: “Tell me what don’t you like about marketing?”
Even though arrogant, I couldn’t help it…I chuckled and said “Have you read my blog? Have you Googled me?” He said “no.” I answered with “Well, I can tell you there is nothing about marketing that I don’t like…” He said “that’s impossible.” I wanted to answer: “Well, I like everything about marketing except for people with marketing titles that ask silly questions like that of another marketer and especially of one with a blog called “The Harte of Marketing.” But, I didn’t say that aloud because that would have been totally rude and uncalled for. I let it go and didn’t debate it because there are lots of marketers who don’t like everything about marketing and he was just doing his due diligence. But what it showed me was that this particular company didn’t care about a potential candidate’s online savvy or the passion that was behind the blog. It just didn’t matter…at all. And it never would.
Point: Even when you have a so-called online “personal brand” (or reputation) some companies just don’t care.
Let’s face it…when you start talking about brands egos are involved. Are you willing to give up your personal brand for the brand of the company that pays your salary (whether it’s an employer or a client)? Or on the flip side, should a company be willing to give up their brand when an employee’s brand is stronger and holds more recognition and influence? Is this a situation ripe for a brand conflict? Or can there be a balance between personal and corporate brand (I am thinking Richard Branson/Virgin might be a good example here).
Where do you fall in this branding debate? What additional examples can you share?
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Social media inside the echo chamber
Being fairly new to the social media scene from a business perspective (i.e. implementing social media for business), I hesitated about writing this post. Then I decided that I needed to… if only to, perhaps, offer a different perspective to a recent social media campaign.
This week the team at Edelman selected 25 bloggers to debut Pepsi’s new can design. Very exciting, right? Since I read Mack Collier’s, Chris Brogan’s, Shannon Paul’s and Valeria Maltoni’s blogs daily, I saw each one post their experience and perceptions day-by-day (in that order, which was interesting to me in and of itself). I am not sure who the other 21 bloggers are, but if I find out I’ll be sure to add on to this post with their experiences. (Apologies in advance to the other 21, but I haven’t had the time to sort through everything on Twitter.)
Mack didn’t reveal who the company was; he just mentioned that it was one we all knew. Chris missed a few key components of the ‘analog’ campaign, Shannon did a video unveiling with her friends Ken Burbary and Craig Daitch, which was totally cool because we as viewers could experience it firsthand. Valeria took pictures of the packages she was sent and added some brand thought leadership.
Here’s the thing. While it’s cool to share this kind of excitement with fellow bloggers (and I give credit to Edelman and Pepsi for that, who wouldn’t want kudos and word of mouth buzz from colleagues in this space?), wouldn’t have been better to engage Pepsi evangelists?
In just one Google search I found:
- The Pepsi Fan Club
- Pepsi Collector’s Club (They have local chapters in Chicago and Southern California!)
- Mike and Joanne at the Pepsi Collector (they have had over 67,000 views!)
Evangelists LOVE your company and your products…hence the name, right?! As Mack Collier put it so eloquently: “Evangelists for this company would have gone absolutely apeshit over the packages!” Just think of how explosive this could have been if Edelman/Pepsi reached out to any of the above social networking sites that they built themselves based on the love of Pepsi. WOW!
If I was doing social media for Pepsi (a dream, I know), here are 10 steps that I might have thrown on the table:
- Join the above forums/groups and listen to what the Pepsi evangelists are saying.
- After a bit, join the conversation. Let them know that they are loved in return.
- Share some exclusive Pepsi goodies with them.
- Ask the groups how they feel about the current packaging.
- Share some ideas about some new branding concepts.
- Get their feedback.
- If, and only if, feedback is positive about a new brand, select 25 members and ask their permission to mail them a surprise package.
- Get their reaction to the packaging.
- Utilize their excitement (with their permission, of course) for exposure outside their community (i.e. traditional marketing)
- Continue the conversation…daily, on-going, as long as the community exists. (i.e. DO NOT use the community for your branding efforts!)
These are just my ideas. What are your thoughts? Do you like the campaign? How would you have handled it? Does social media work within the chamber? Am I missing something?
If you are Edelman or Pepsi and see this post, please stop by! Inquiring minds would love to know how the campaign came about and your objectives for blogger outreach! Thank you in advance.
[Image: istock]
Added 10/30/08: Darryl Parker has been tracking the Pepsi 25 and his conversation with Edelman’s Pepsi’s B. Bonin Bough over on his blog, Employ the Web!. Check it out for more insights on this campaign.
Added 10/31/08: David Armano’s post on his experience: Classically Un-Classic.
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The Harte of Marketing by Beth Harte is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
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