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Tuesday, June 30, 2009
originally uploaded by Paulo Brandão.
I love coming across marketing resources filled with nuggets of practical wisdom and best-kept secrets that help us become smarter and better at what we do.
From Anita Campbell, Publisher of Small Business Trends, comes a gem of a resource:
Best-Kept Marketing Secrets where 100 Experts Dish With Their Marketing Tips by Readers of Small Business Trends, 2008. The listing of contributors reads like a who's who in marketing today and they address topics ranging from relationship marketing, marketing strategy, selling, communicating and messaging, online marketing to social media.
In her overview letter, Anita notes three themes:
+ "Simple and inexpensive tools are more popular than complex or pricey approaches."
+ "Authenticity, friendliness and relationships matter."
+ "Creative online marketing plays a key role."
I suggest you print out the entire 33 page document, highlight what resonates and then refer back to it on a regular basis.
Interestingly, there's now an editor's picks version of the document as announced earlier in June 2009...
Another invaluable resource is Marketing Sherpa's Marketing Wisdom for 2009 [available free] which includes 47 pages of real life lessons and stories broken down into 16 categories: email, web 2.0, search marketing, mobile marketing, landing page and website design, top tests, business-t0-business, lead generation, direct mail, customer service, metrics, advertising, business-t0-consumer, office politics, public relations and video. The letter from the editor highlights three trends: email is not dead; build social networks; and search engine optimization.
The third resource I recommend is Four Steps to Marketing Smarter (and for Less) in Today's Economy by Kimberly Smith. Yes, it's premium content on MarketingProfs, but it's filled with intense wisdom from the likes of Tim Berry, Seth Godin, David Meerman Scott, Bryan Eisenberg and Jonathan Salem Baskin!
Here are the four steps:
1. Get back to basics
2. Let the data be your light
3. Take the high road
4. Go social.
Now, go read the rest of the article.
What other sources of valuable marketing wisdom and best-kept secrets have you come across?
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Friday, June 26, 2009
When I joined the Wear-Dated carpet division in August 2003, the business was transitioning from handshake-deals to a consultative, volume-based approach based on data. Although we had plenty of data, none of it was easily extractable for use in consistent and coherent reports that could be used in consultation with retail customers.
Using Access, I learned how to run multiple query iterations that I validated against existing reports. Once the queries calibrated and the results consistent, I presented the information to the 5 Wear-Dated regional managers for agreement to proceed and for confirmation on the types of charts they needed in the final output. I also asked them to identify their top 30 accounts [out of 40,000]. These would be the accounts I focused on.
This first ever in-depth product analysis tool for use as consultative up-selling tool with retailer accounts to preferentially sell branded products was a big success and enabled the regional managers to have more productive, consultative discussions with accounts. The reports had made for higher level and pro-active discussions about how to drive increased retail business and create the optimum product mix to maximize margins. They led to additional placement of product made with Wear-Dated carpet fiber.
Problem Part II:
In addition to automating the process, I wanted to place into the hands of the end users [i.e., the regional managers], the ability to run reports when they needed to rather then when I was available, and as frequently as they required to support and grow business volume.
As soon as Surfaces 2005 over, we were ready to put in place the 2005 Wear-Dated Report Builder program which now included monthly and quarterly updates. Individual end users produced their own reports via a user-friendly control panel [see the image below of the 2008 user panel]. Data updates and retailer logos were delivered digitally and automatically.
Each individual report included a 4 year volume analysis in yards and pounds with a year-over-year analysis, breakdown by product style and weight, and by manufacturer, the top volume products and the top increasing/decreasing products. We also included national and regional benchmarking.
Each program year, from 2006 through 2008, we made additional enhancements based on user feedback adding:
- customizable bundled reports
The final automated program generated best-in-class customized retailer reports, taking otherwise irrelevant and unrelated data and converting it into actionable information, all available in minutes to individual users vs. built manually over several months and at far higher cost. The automated report builder meant that reports could be generated for any one of the 40,000 customer retailer accounts at any time.
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Thursday, June 25, 2009
Kinnelon, NJ – Christine Whittemore, chief simplifier of Simple Marketing Now LLC, has been elected to the board of directors of the Columbia Business School Alumni Club of New York [CBS AC/NY] for a one year term expiring May 2010. She replaces Geoffrey Southworth CBS ’74 for the final year of his term.
Whittemore ’93 joins Mary Reilly ’93, Craig Evans ’81, Penny Hammond ’02, Stephane Goldsand ’01, Dan McCarthy ’87, Rafael Rodas ’05, Joe Pucci ’05, Edward Rashba ’04, Frank Graziano ’82, Deborah Sanders ’91, Stacy Gilstrap ’04, Bruce Crawford ’86 and Andrew Fellingham ’04 on the CBS AC/NY board of directors.
Candidates for director positions are selected from club members who have been actively involved in club operations and graduated from Columbia Business School. Whittemore has been active in the Columbia Business School Alumni Club of New York’s Membership Committee since 2002 and as chairwoman of the Greeters Subcommittee since 2004. In that role, she coordinates greeters for club events with the goal of ensuring peace-of-mind for the event organizer, a welcoming presence for event attendees and total focus for the event presenter.
"Christine has been a valuable leader at the CBSAC/NY overseeing the Greeters Committee flawlessly," according to Todd Rubsamen, retiring President of the CBS AC/NY who recruited Christine. "After 5 years valuable contribution to the Columbia Alumni network it was gratifying to see the Board's Nomination Committee recognize Christine's hard work and judgment by select her from the 16,000 Columbia Business School Alums in the NY Tri-Sate area."
Directors of the CBS AC/NY have a fiduciary responsibility to oversee the proper management of the New York alumni club, established in 1975 in recognition that Columbia Business School graduates spend more time as alumni than they do as students. The club’s mission is to strengthen the alumni network and be a positive and valuable resource to the alumni of the Columbia Business School. The board of directors also selects the club executive committee, consisting of two co-presidents, treasurer and corporate secretary.
For more information about the Columbia Business School Alumni Club of New York, visit http://www.cbsacny.org.
For more information about Simple Marketing Now LLC, contact chief simplifier Whittemore at CBWhittemore@SimpleMarketingNow.com or visit the Simple Marketing Now website and companion weblog & newsroom – Simple Marketing Blog.
# # #
About Simple Marketing Now LLC
Simple Marketing Now is a marketing communications consultancy that provides organizations with the right combination of traditional marketing and new and digital tools to improve the customer experience and build brand. For more information, visit http://SimpleMarketingNow.com.
About The Columbia Business School Alumni Club of New York
The Columbia Business School Alumni Club of New York (CBS AC/NY), founded for alumni and by alumni in 1975, acts as a unique educational, business, and social resource for all Columbia Business School graduates, students and faculty in New York and the surrounding tri-state region. For more information, visit http://www.cbsacny.org.
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Tuesday, June 23, 2009
My solution and experiment as been a personal blog, The Smoke Rise Blog, created just about a year ago.
It's a work in progress, but one that holds promise as it generates more awareness and connects with more readers in my town.
I'm intrigued with the notion of local relevance. Relevance is something we strive to offer in website content, blog posts, tweets... Relevance creates connection and the possibility of engaging in conversation.
Add 'local' to 'relevant' and the challenge becomes far greater. Think about it. A #hashtag [see I attened NeoCon... Virtually!] in Twitter works best for relevant events or subjects. Facebook and LinkedIn connect us across relationships, some of which may include a common geographic element but not most. [Interestingly, all of those include an email component which works to catch attention.]
Most websites, including those of most municipalities, post information. It's up to you, though, to remember to check the pages for new announcements. What if they offered RSS or email subscriptions? After all email is extremely effective, but how many organizations pro-actively gather the email addresses of local constituents for the sole purpose of offering relevant local information [which means that recipients respect the communication]?
David Reich sums it up in his comment. Note that his town has added the email component:
We have similar communications problems in the small city where I live, in suburban Westchester, NY. The local Gannett daily does a mediocre job of covering community news, and there's really no local radio station. Cable News12 covers the entire county, so local coverage is spotty -- only the big news of crime and scandal seems to get coverage.Matt Churchill shares fascinating local data from Hitwise about Liverpool. Many search for relevant local information - and consistently don't find it online! I'm sure it's happened to you, too. Imagine the opportunities for local businesses, not to mention local governing entities, to create stronger connections with residents.
The city has set up a site, and they also do frequent email updates with community news. A few local individuals are doing what you've done -- started blogs and Facebook pages.
Self-publishing with all the new tools we have at hand is becoming the new town bulletin board, reaching us directly at home, at work or on the road.
I'm eager to see how my experiment-in-progress evolves. I'm encouraged and intrigued when I hear about other concepts.
For example, the New York Times has created The Local [see HyperLocal News from The New York Times] with a blog all about Maplewood, Millburn and South Orange, NJ.
Elaine says in her comment that "The organization I work for has spent the last several years addressing exactly this issue. Please visit NewspaperNext: The Transformation Project for all kinds of free (and one small paid) resources." She mentions a newspaper - The Gazette in Cedar Rapids, IA - that is becoming its community's Complete Community Connection (i.e., C3). The C3's change agent, Steve Buttry, has posted Blueprint for the Complete Community Connection, a fascinating read and thought-provoking document. C3 looks to have achieved what Sonny Gill recommends "...get the town's buy-in on this new means of communication and information."
Sharon Elin suggests "a wiki .. for adding information about a local region... especially for permanent information such as local attractions. Current news could have a page that is in flux daily or weekly" or a "regional website, maintained by a Chamber of Commerce or any interested party. Here's an example from Lake Sunapee, NH."
And, by the way, if you think of your business' customers in a similar way, you, too, have the opportunity to create a strong community through relevant local information.
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Friday, June 19, 2009
Solutia entered into bankruptcy in December 2003, shortly after I joined the Wear-Dated carpet fiber group, and didn't emerge until February 2008.
No surprise, all budgets - including marketing budgets - were under intense scrutiny. This wasn't anything new for me as ever since joining Monsanto/Solutia each calendar year started with us being 'in contingency' mode and having to make smart decisions about extremely limited funds. Not only did I learn how to be creative in my marketing expenditures, but I also realized very quickly that hiding out and waiting for bankruptcy [or contingency mode] to go away wasn't a viable option. Now more than ever, we needed to be in front of customers promoting our brand and how we added value to their business and marketplace.
From my Wear-Dated Upholstery Fabrics experience, I brought a passion for marketing to women and the retail experience - topics that I had featured during the residential furniture market yearly summits that I organized and hosted. Given the shared consumer, they seemed equally relevant to the residential carpet market.
The job here was to create buzz for the Wear-Dated brand and do it by discussing marketing to women and the retail experience. I had no money or marketing budget available and I personally was an unknown with no visibility in the floor covering industry, that is to say with carpet mills, carpet retailers, carpet retail salespeople and trade press, as there was no overlap with the furniture marketplace other than at the consumer level.
So what could I do with no money, yet still satisfy the business' requirement of product and personal visibility and keep the brand alive?
The solution was two-fold:
1. Promote a relevant message: marketing to women and the retail experience;
2. Develop a communications platform: using new and inexpensive social media tools which include blogs.
With cutting-edge marketing information about marketing to women and how to tailor and customize the retail experience - all of which was and should have been of interest to our audience [i.e., the people mentioned above] - I was able to keep the Wear-Dated brand alive and in the hearts and minds of the distribution chain through talks, presentations and finally, in 2006, my first blog, Flooring The Consumer, all while spending no conventional marketing dollars.
How I reached this place was a journey in itself...
It started in February 2004, when I participated in a panel discussion at Surfaces about consumer trends. In preparation, I gathered information about the consumer marketplace and women consumers in particular from which I created a presentation titled "Marketing To Women - It's a Business Thing!" that I began to share with retailers.
In early summer 2005, Floor Covering Weekly interviewed me about marketing to women. In late summer 2005, I pitched Surfaces for a consumer focused presentation. The result was a 3 hour workshop on "Appealing to Different Consumer Segments by Creating Amazing Buying Experiences" in February 2006. This coincided with Floor Covering Weekly inviting me to contribute articles on the consumer retail experience.
I was creating momentum, but was frustrated with the pace [i.e., FCW published 3-4 articles per year].
At the same time, I was increasingly skeptical of the effectiveness of traditional marketing. I had had success with communication tools like newsletters in the upholstery business; they allowed us to tell our brand story and promote thought-leadership. Unfortunately, newsletters were becoming cost prohibitive, in terms of printing and postage costs.
I noticed early signs that marketing was evolving via digital tools - like blogs - and proceeded to learn as much as possible about them, reading, experimenting, attending online MarketingProfs seminars... As the idea of a self-publishing platform became increasingly appropriate, I researched the tools available for online publishing, identified a theme for my platform and topics worth developing, and developed a strategy and preliminary publishing schedule.
After attending the Columbia Business School Innovative Marketing Conference in June 2006 - and realizing that everyone in the room was not only a cutting-edge marketer and thought-leader, but also actively blogging - I launched my blog, Flooring The Consumer, on June 27, 2006.
I focused, then, on establishing a 'voice' for the blog and creating a publishing rhythm to gain visibility and attract subscribers -- all done outside of business hours.
Two months after launching, I began to actively promote the blog: internally to Wear-Dated management and externally. Not only did I want to encourage awareness, but I also wanted to promote this valuable communication tool to our Wear-Dated Representatives [our field force], to retailers and to our direct carpet mill customers.
- I encouraged our representatives to identify retailers demonstrating retail experience best practices so I could feature them. I welcomed guest posts from them, too.
- After any retail presentation, I referred my audience to Flooring The Consumer for more relevant information. I developed business cards featuring the blog url and added the url to my Outlook signature.
- After significant milestones, I promoted the blog in press releases.
Flooring The Consumer enhanced traditional Wear-Dated marketplace activities: I showcased admirable flooring retailers [i.e, Stores That Floor and Flooring It Differently] and noteworthy flooring industry leaders [e.g., Women in Flooring]. I promoted Wear-Dated color forecasts and marketplace trends and invited others from within Wear-Dated/Solutia to contribute.
I increased brand value and visibility by making Wear-Dated relevant online through rich and frequent content. Opportunities to take part in interviews with other prominent bloggers meant that I could highlight and explain Wear-Dated’s participation in social media and digital marketing. More specifically, Flooring The Consumer is included:
- In the AdAge Marketing Power 150 Blogs,
- In AllTop,
- In Being Peter Kim's listing of the M20: Top Marketer Blogs,
- Profiled in Susan Abbott’s blog, Customer Experience Crossroads,
- On Toby Bloomberg’s Diva Marketing blog in the Biz Blog Profile Series,
- and included in my interview on Anna Farmery’s Engaging Brand podcast.
My experience with Flooring The Consumer led to a white paper titled “A Firsthand Tale of Adopting Web 2.0 Technology to Build Brand” in Perform: The Marketing 2.0 Authority by Montgomery Research.
I also contributed a chapter each to the Age of Conversation and Age of Conversation 2 – Why Don’t They Get It?, two unique global collaborative books to benefit Variety, the children’s charity. [My chapters are titled “The Age of Conversation – Enabled” and “Don’t Be Myopic About Social Media!”] Both books are available on Amazon.
Some statistics - as of 6/18/09, Flooring The Consumer has:
- Connected with 1,065 subscribers
- Achieved a Technorati rank of 93,812 [Technorati, in its 2008 State of the Blogosphere, refers to 7.4 million blogs having posted within a 120 day period. A lower rank is definitely better.] and authority of 55 [Authority is the number of blogs linking to a website in the last 6 months. The higher the number, the more Authority the blog has.].
- Published 436 blogposts
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Wednesday, June 17, 2009
I'm back from the MarketingProfs B2B Forum 2009 in Boston and IBM's Sandy Carter wowed me with her presentation about integrating social media into the marketing mix!
For any of you who doubt the value of social networking, IBM - in conjunction with MIT - has been Putting a Price on Social Connections [see original research on Value of Social Networks]. That's right, virtual friends have value! IBM has discovered a major source of new business resulting directly from the improved collaboration and listening, execution, value creation and more immediate response that Marketing 2.0 generates.
Here's the fascinating lesson that Sandy shared: IBM has no social media strategy. That's right. Instead, it has a marketing strategy where social media is integrated and part of the tool kit. In other words, IBM is Bridging New & Old!
Radical yet also highly intuitive, relevant and practical. Even brilliantly simple!
To determine when to best "dial in/out" social elements, IBM involves a Social Media Council made up of IBMers across disciplines who are active, passionate users of social media; participation in the council is voluntary. IBM also brings supplier partners into the process so they can adopt the same practices and truly be part of the overall 'ecosystem.'
Did you know that all IBM events now include a live 'Twitter stream' [i.e., they project onto a screen all tweets relating to the event in real time] so participants can immediately respond?
Sandy Carter definitely draws inspiration from examples she observes from outside IBM and its industry. She referred to Zappos, Dell, Comcast... She brought up a B2C company [maker of WD40] that created a blog to identify why women don't buy WD40; men do. The result? A new WD40 Pen from the feedback garnered through the blog. [Check out this amazing post listing the Top WD-40 Uses for Moms. FYI.]
This is the ANGELS framework developed for Marketing 2.0 to implement traditional and web 2.0 marketing:
A – Analyze the market
N – Nail the relevant strategy and story
G – Go to Market... socially
E – Energize the channel and community
L – Leads and Revenue
S – Scream!
Sandy shared details on projects in three of the ANGELS elements.
ANALYZE - Project Zero: WebSphere sMash
A new web 2.0 product scheduled to launch in time for Impact 2008 combined social media with traditional approaches to better gather market intelligence, conduct focus groups, and obtain feedback from 12-15 countries around the world. Social media helped gather product requirements via a blog, a Twitter account and a forum. In the first two months, the social media tools not only led to new topics and 4300 different postings.
To get the word out, IBM let its community of IBM bloggers know; mention was made in LinkedIn and Twitter groups. As IBM obtained feedback, it created another iteration of the product for further feedback. After ~1000 betas [which did not elongate the cycle], Sandy's group had one of the most successful product introductions ever, accelerating it via Amazon web services partnership, at Impact 2008 [an in-person conference for not just the 13 IBM web developers but also the 1000 customers who considered themselves developers on the project because of their involvement].
Social media played a role in that product's Go To Market plan: names were solicited online for the product - resulting in sMash.
[Originally, Sandy had a person dedicated to tracking #hashtags and finding patterns. Now the tracking is automated and even includes an iPhone dashboard!]
GO TO MARKET... SOCIALLY - No Lead Left Behind
IBM uses social media to go to market and drive demand. The opportunity arose as IBM asked itself, given the economy, how to get higher conversion from leads, particularly those relating to events. The solution was to have event attendance be less about the event and more about the community that the event creates; this resulted in a continual/perpetual campaign which now complements other marketing activities.
To drive more people to events via the website, IBM discovered and implemented new bot technology - Vanessa - who presented offers in a social manner, inviting visitors to join and become part of community. A low cost solution [~$4k to create a bot], she yielded a 5x higher click through rate. She was used selectively as overuse decreased response, but she has been added to ibm.com/soa where she appears when there is something new to promote.
Next, Sandy's group created a Linkedin group around the Impact conference and leveraged Twitter to drive traffic to the event. [This is similar to what Zappos and Dell do, offering that the next 50 to register, will be entered into a lottery for time with a subject matter expert. An experiment in Amsterdam with this kind of offer led to achieving 40% of promo registration target within 72 hours. The learning: relationship time is a number one grabber! Not free t-shirts.
Also, IBM let customers help drive people to event with customer-driven registration, and customers recommend options... One customer did a take off of SouthPark video, to drive people to the SOA conference posted on YouTube. IBM created viral videos based on banking customers showing results obtained from using IBM. Wow! All of these tools can be measured, by the way. The results: a 10% uplift in conference registration for lo/no cost with 540+ additional registrants. Impressive!
To ensure that the event wasn't simply the end game, Carter created a community around the topical area. After an initial failure building an IBM community site, she opted to go use a 3rd party - InfoQ - with IBM sponsorship to create SOAsocial; it received 3000 unique customers per month, offering customized content by audience. Participating are user groups, partners, academia, industries, all organized by role; they have a single common place to go to for relevant information. Members collaborate, ask and answer questions, and conduct polling. IBM wanted to encourage topics to bubble up. A new one even developed around analysts. The community generates co-created content. A university in London has been active on site, setting up assignments, questions, and conducting research. Profile information includes personal experiences to facilitate relationship building and credibility.
The community has taken the IBM brand to another level with satisfaction levels for community members being 15 points higher than with those not a part of it. Members consider IBM a personal company. [The latest Interbrand study on brands shows IBM leapfrogging MicroSoft to #2 because it has so many employees blogging; it isn't a disconnected company but rather a personable P2P company.]
The website includes links to all communities and groups. Depending on what your tool of choice is, the options are there. No surprise, LinkedIn is stronger than Facebook because that's where IBM buyers are.
A Flickr account has been established. With so many events taking place in 100 cities around world, competition to take and post photos between event cities has been encouraged, helping to generate attention. Furthermore - and this I consider fascinating - IBM has learned from seeing the event from their customers' eyes. It has done the same on YouTube [this is the YouTube channel for WebSphere Education from IBM]. As with seeing events from their customers' eyes, videos enable IBM to listen to better understand how customers talk about products. This has let to changes in how products are described and referred to which then leads to changes for SEO, marketing materials and messaging.
Other benefits realized: over $100K savings because IBM didn't need as much staff to travel to events; speakers were better educated, and professional photographers weren't necessary because attendees took pictures. Tweets and blogposts meant less manual reporting, too.
Finally, IBM developed a widget to syndicate IBM Smart SOA materials. This arose because customers repeatedly asked "can I have your presentation?" Traditionally, IBM would email or post it. The Smart SOA widget pushes information out to customers via an RSS feed; it can be downloaded to a desktop or used as a web based widget. Not only does it provide attendees with the material they asked for, but it also provides updates about future events. It also enables you to track what users are looking at, downloading, as well as how many people download and total downloads...
8000 people out of 15,000 have downloaded the widget; 6000 still actively use it. Widgetbox created it -- the first for free; the second cost $5K to $7K [up to $15K for a fancy widget].
From Nordstrom [i.e., a B2C], Sandy borrowed another tool: LivePerson to offer live chat with commentary triggered by certain online behavior patterns. IBM now has a popup window to have a dialog with users. The sales team sits behind the chat window monitoring so it can react appropriately. It's the most productive sales team in all IBM because the customer is pre-qualified. Marketers can customize when the window pops up. LivePerson ROI = 56X. Once again, as a result, customers found IBM easier to do business with and that they listened better.
ENERGIZE THE CHANNEL AND COMMUNITY - Global Virtual Forum
IBM decided to run a virtual event because so many people can't travel to attend events. ON24 created the interactive virtual event. It wasn't just a webcast. Attendees created an avatar to participate and visit demo booths; they could chat and visit coffee rooms to interact. [IBM even charged virtual booth sponsorship fees.] The feedback was phenomenal. Sandy's team expected 500 to attend. Instead, 3000 did! They've now done three such events. They are effective and the conversion rate is similar to that of live events, at far lower cost.
[NOTE: If you haven't already attended one, do consider attending the MarketingProfs Digital World Fall 2009 virtual conference.]
She left us with her Top 5 Dos to Marketing 2.0:
1. Keep your eye on profit generation
2. Remember marketing is about intimate relationships
3. Leverage the power of web 2.0
4. Understand the value of the Influencer
5. Tune your marketing mix.
What are your reactions? To me, Sandy Carter's examples and success stories demonstrate how beneficial integrating social media into the marketing mix is. Do you see how you might start experimenting?
Q&A with IBM's Sandy Carter: What’s the Recipe for Marketing Success with Social Media?
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Monday, June 15, 2009
In Simplifying Has A Lot To Do With Green, I observed that green and simplicity go hand-in-hand. That 'spirit of simplicity' seems even more relevant as the marketplace re-evaluates priorities, in search of brand value that aligns with newly rediscovered values like simplicity, responsibility and community -- as several recent articles reminded me.
For example, Hugh Hough's 5/13/09 article The Sky May Not Be Falling, But The Ground Is Definitely Shifting. He identifies three developing consumer themes that brands should embrace -- chief among them being simplicity.1. Simplicity - with many consumers being forced into scaling back, they are rediscovering a return to basics and "more simplified version[s] of their daily lives." Furthermore simple takes on new meaning as "simpler will coexist with smarter."
2. The conspicuous absence of conspicuous consumption. Also part and parcel of the simplicity move: a "rejection of ostentatious displays of wealth. More and more, these will be seen as evidence of greed and selfishness, or at best, cluelessness." The solution? Have your brand embrace substance and meaning relevant to your consumers.3. The community will get broader and deeper. This point is fascinating and ties into why social networking and the tools of social media offer so much potential for those brands that embrace the spirit of simplicity and community [including with employees!]. The author writes: "When people aren't confident, they look to others for help. Acts of collaboration, while borne of necessity, will forge a spirit of solidarity that will carry on once times get better. A larger sense of community will emerge."
Sustainability Is More Important Than Ever by David Almy from 5/27/09 states that companies taking sustainability to heart have unique strategic advantages available. The reasons?1. Green has entered the mainstream [in support of that, read AdAge's 4/20/09 article titled Green-marketing revolution defies economic downturn by Jack Neff. Note the 4 tips for Green Marketers: combine environmental with economic sustainability; retailer support matters; opportunities remain; address skepticism about price & quality more than the actual green claims. Also learn about Government Solutions Group which helps forge private-public partnerships to support state parks, something that Coca-Cola for example has found more beneficial than doing sweepstakes.]
2. Brands perceived as ethical benefit
3. "Sustainable" brands may increase in value
4. Consumer and Business focused brands both benefit from sustainability5. Sustainability-aligned brands can weather tough economic times.
BBMG -whose co-founder Raphael Bemporad I met at the LOHAS event referenced in the first post above - recently conducted the second national study on purchasing behavior and social values titled BBMG Conscious Consumer Report. The study, per the "BBMG Study Finds 'Green Trust Gap' - Interest in Green Holds Despite Recession, But Consumers Lack Confidence in Green Claims press release, reveals the challenges inherent to pursuing sustainability because of deep consumer skepticism over green claims. Nonetheless, "consumers are redefining what truly matters and evaluating purchases based on both value and values." Price, performance and purpose matter.The way to bridge the 'green trust gap' is "by telling authentic stories and empowering a consumer tribe to share ideas, experiences and influence" -- which gets us back to community and the powerful tools of social media.
For more on that subject, I recommend a fascinating post from Richard Matthews at The Green Market Blog: Social Media and Sustainability.Simplicity, responsibility and community make total brand sense to me. Does it to you? What is your reaction to this Spirit of Simplicity? And, how might your brand embrace it?
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Friday, June 12, 2009
When Monsanto spun off its chemical companies into Solutia Inc. in September 1997, I became Business Director for Acrilan Home Furnishings and, more specifically, Wear-Dated Upholstery Fabrics, a special $22m gem in our business portfolio. In addition to ensuring a smooth handoff from Frank W. Swift, who had created and nurtured the business concept with Joe Buck [who remained part of my team], I had to transition it from startup to established business and transform it to ensure growth opportunities.
My team consisted of a multi-location sales and marketing team of 8 professionals based in the U.S. and in Mexico City.
After methodically evaluating the marketplace and understanding perceptions that fabric mills, retailers and retail salespeople had formed around the Wear-Dated brand, not to mention the value we brought to the marketplace, we learned that our brand looked industrial and un-appealing to the residential marketplace. If we intended to expand into the residential upholstery market, we had to address our brand image immediately!
If we could reposition the brand from industrial to fashion + performance, we had the opportunity to broaden our reach from velvet-only motion furniture [i.e., recliners] to chenille and flatwoven fabrics for stationary and higher-end furniture.
- We developed new brand positioning which we validated through qualitative research with consumers, retailers and fabric mills principals, resulting in the brand image you see above. It allowed us to successfully expand into the stationary furniture marketplace.
Once the brand relaunched, we were able to focus on how to grow the business.
- To increase awareness of the brand with retailers and retail salespeople, we launched www.weardated.com and www.setsalesonline.com for retail sales people in the upholstery business. We saw a 130% increase in retail salesperson incentive program participation.
- We expanded the Wear-Dated Upholstery program to Canada and Mexico; and explored expansion to the UK, Scandinavia and Brazil, conducting consumer focus groups and meeting with local retailers to better understand opportunities.
- In response to marketplace demand for a cotton-like fiber, we developed and introduced a revolutionary new premium-priced fiber product (Ginny®) that significantly expanded Wear-Dated brand product selection and further solidified our position with higher-margin, better residential upholstered furniture.
- Finally, given the consultative nature of our brand relationships, we held yearly 5-day offsite strategic summits, for 200+ residential upholstery leaders, which I led. These sessions were invaluable, strengthening relationships, increasing brand value and addressing critical issues ranging from how to better address the needs of women furniture consumers, improve the retail experience and nurture innovation.
We doubled the size of business in the first 4 years to $50m.
We were honored with Solutia’s Customer Focus Award for 2000 for growth in the Wear-Dated upholstery program.
Please visit Simple Marketing Now | Case Studies for other examples of projects I have been involved in.
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Wednesday, June 10, 2009
The interview is 9 minutes long.
I discuss what are blogs: self-publishing web-based platforms that allow individuals and organizations to post articles and stories that are relevant to a reader base on a regular basis.
The value of blogs: blogs allow you to take part in the conversations happening around your brand, company, industry or hot topics. If you take part in the conversation [remember, markets are conversations], you can learn from the interaction and help shape the discussion. If you don't, you abdicate participation in both the talk and any kind of resulting action.
For the CRI - and chief blog contributors Bethany Richmond and James Beach - the CRI blog means being able to highlight carpet related research and resources [i.e., that combat myths around carpet and allergies or explain how carpet improves learning in schools] that are otherwise difficult to find, and also to translate the information into something meaningful and relevant to readers.
Bethany posted a terrific writeup [see CRI Blog Consultant Christine Whittemore Interviewed on Floor Daily and says nice things about me, too. Thank you, Bethany!] with links to the Health Magazine example I refer to in the interview.
Kemp asked how to find blogs: start with Google blog search and consider looking at Technorati, a blog search engine which identifies a blog's authority or credibility [a result of regular posting or publishing, relevance and links from other sources]. Another is Alltop which organizes blogs into related topics - it's a very cool site.
If you'd like more information, you might check out a previous post, "Blogs are now mainstream media.", which includes the slides from a recent social media 101 presentation.
Jim Gould from the Floor Covering Institute emailed me saying that he "thought [the interview with Kemp] was outstanding. Not only did I learn a lot but I think I am starting to understand this stuff." Yeah and thank you, Jim!
As it relates to the CRI blog, I'm very pleased with its progress. The first post went live on April 7th, 2009. Since then, Bethany and James, who have done a terrific job embracing the medium, have published 19 blogposts. All help tell the Carpet and Rug Institute story and increase its visibility and relevance to anyone in the marketplace interested in learning more about carpet and the environment, carpet and allergies, carpet and learning environments, and generally how carpet truly enhances the living environment.
To highlight the blog's progress, here is the status report I presented on June 1st on the CRI Blog's first two months.
As of yesterday, the blog had 106 subscribers! Very cool.
It's still very early in this blog's life, but I'm looking forward to witnessing how it develops, discovering which stories particularly resonate with readers, and hearing the resulting conversation.
If you haven't already, you might visit the Carpet and Rug Institute Blog. If you like what you see, or have ideas for topics you don't see, do let Bethany and James know. They'd love to hear from you.
Congratulations to the CRI Blog and Bethany and James! And, thank you Kemp Harr at FloorDaily for the opportunity to discuss a subject I greatly enjoy!
If you have more questions, please don't hesitate to ask...
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Monday, June 8, 2009
Jonathan Salem Baskin, author of Branding Only Works on Cattle: The New Way to Get Known (and drive your competitors crazy), recently shared his branding wisdom [or heresy!] on MarketingProfs in an online seminar titled What Matters Now in Branding: Ten Ideas to Get Refocused.
The traditional notions of mass market branding - based on mass channels of distribution, communication and consumption - are no longer relevant to today's consumers.
Rather, branding today is about reality, context and community. Why? Because consumers can see through hype. And, if they can't, they aren't willing to automatically trust traditional branded messages.
Realize that consumers now access information differently. They do so on their terms, at their convenience and no longer how, when, why and where traditional marketing determined.
Ironically, Baskin reminds us that consumers today more closely resemble those of the pre-mid 20th century [i.e., before mass branding strategies took over], with the same needs for information, certainty, reliability, authority and sustainability.
In other words, the days of Mad Men and Madison Avenue represented an anomaly rather than a norm.
And the tools of social media take us back to how business used to be done, based on relationships and exchange of information and conversation.
Or, in Baskin's words, new technologies allow us to behave in a more natural way with conversation, agreement, belief, loyalty, referrals and community. Which means that brand is about behavior and generating action, and - as marketers - our role becomes about making the brand relevant to behavior.
Hence, his 10 rules or ideas to refocus branding:
1. Tell the truth.
2. Be explicit.
3. Translate secret codes.
4. Kill your mascot.
5. Integrate your branding over time.
6. You need to build real communities.
7. Everything is a service.
8. Choices need to happen in reality.
9. Lower expectations.
10 Seize the day and take action - only if you have the new definition of branding in mind.
"Doing is the new thinking," he says.
Makes sense to me.
If you can't experience the recording of the seminar, then definitely download a copy of Jonathan Salem Baskin's ChangeThis Manifesto titled "10 Rules for Branding in a Post-Branded World." Or, spend time on the Dim Bulb, his blog.
And, then, think about how to refocus your brand so it is more relevant and meaningful to your customers. What kind of action does it generate?
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Wednesday, June 3, 2009
I love discovering resources and references - particularly ones that relate to social media tools. Most continue to evolve rapidly and I inevitably learn something new when marketers share their practical take on how to make best use of social media for marketing. For that reason, I share with you these links of note for social media marketing references.
+ My Northern New Jersey neighbor, Steve Woodruff, has developed an excellent e-book for getting started in social networking. It's titled Build Your Own Opportunity Network and includes practical advice and valuable links to other resources.
+ CK always keeps me grounded and, in CK's Blog, she includes a page full of wonderful resources for Social Media: Planning Checklist [Questions to Consider].
+ Amber Naslund from Altitude Branding has developed two terrific e-books:
- Getting a Foothold in Social Media - a get started guide for small and medium businesses
- The Social Media Starter Kit. Part I: The Tools
+ Finally, Conversation Agent Valeria Maltoni has developed Why Blog + 25 Tips to Make it Work.
Are there other practical resources you've found valuable? Let me know and I will add them to this list.
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Tuesday, June 2, 2009
The first Age of Conversation was published in 2007: 103 bloggers from 24 states and 10 countries participated.
Age of Conversation 2: why don't they get it? was published in 2008. 237 bloggers from around the world contributed. It has just recently become available on Amazon as I explain in Age of Conversation 2 - Why Don't They Get It? on Amazon!
The first Age of Conversation is still available for purchase on Amazon, and definitely worth acquiring. You see, it's full of wisdom and insight.
Don't believe me? Then check out my Age of Conversations "slices." It's a summary of all 103 chapters organized into categories...
Or, read my chapter - The Conversation Age Enabled - in its entirety.
The Conversation Age Enabled
Imagine being deaf, dumb, blind – like Helen Keller – caught in your own world with no way out, perhaps filled with brilliant discussion, conversation, and brainstorms, but only with yourself. As enlightened and clever as you may be, you stagnate for lack of newness. Your world is a closed loop, a closed system.
Then, imagine an ‘enabler’ entering your world. For Helen Keller, it was connecting water [a physical object] with language [an abstraction] – language consisting of words, sentences, context…. Language allowed her to take part in the world of senses, despite her handicaps. It compensated for them and became a path to new concepts and ideas, to communication and creating value. Language transformed Helen Keller and her life experience.
Similarly, an enabler has entered our world: Web 2.0 and social media.
Where we were once isolated in a mostly bland, slow-moving world, we now enter a richly alive environment where information flows like water out of a faucet – Google it, Mapquest it, YouTube it or check it out on Wikipedia. Answers are readily available. Books – once static entities – have become entry points for ongoing discussions with authors. Corporations – once cold, faceless entities – can now express personality and demonstrate commitment based on input from its community! Tremendous enthusiasm or passion for a topic no longer signifies eccentricity. Rather it signals engagement and enriches conversation, transforming the experience, adding dimension and relevance.
We no longer have to face the world alone. Advice, success stories, best practices are readily available through blogs, discussion groups, book clubs and online forums. We have but to ask and acknowledge interest.
Access to information, once the domain of a select few, has been democratized. Anyone with curiosity, with the desire to develop better ideas or solutions for solving philosophical quandaries, branding dilemmas, or business strategy fiascos can take part. Ideas – through online discussion – can be combined, perspectives from around the globe added, multiple disciplines taken into consideration and everyone’s opinion as it relates to the human experience intertwined!
As dizzying to the non-initiate, the choices available in the Conversation Age enable a true conversation, with information flowing in both directions. Envision responsibility, authenticity, accountability and integrity as the current.
As with water flowing out of a faucet, just a sip refreshes and revitalizes. Immerse your whole being and realize for yourself how welcoming and conducive to brilliance it is. Realize, too, how quickly you adapt to it. It truly represents a conversation enabler for all.
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