Acceptance of Circumstances, integrated marketing, keeping up with trends, Objectives Setting, online advertising, social media, staying current, Target Marketing, traditional marketing, Uncategorized, Understanding Your Environment

Happy (I think?) 25th Anniversary to the Internet!

As with all national days and unique holidays celebrated via social media, I’m going to take the news that “today marks the 25th anniversary of general public access to the internet” with a grain of salt; however, it’s fitting that I learned of it via Twitter.

I didn’t grow up as a “digital” marketeer. I’m proud and glad to date myself. I broke my marketing teeth in the world of traditional advertising and public relations. Think “Mad Men” vs. Mark Zuckerberg. While my very first marketing-related position was at a national market research supplier, Market Facts, where I oversaw or was involved in conducting primary research for large consumer brands like Stop & Shop and Gillette, all subsequent positions have been more marcom (marketing and communications)  focused.

My earliest marcom roles were at Blue Cross and Blue Shield of MA and Bay State Federal Bank — back in the early 1990’s through early 2000’s — when companies were just dipping their toes in the promised power of the internet. Companies felt compelled to launch and maintain Web sites and set up e-mail addresses at which they could be contacted, but I don’t believe marketing professionals, or any professionals for that matter, appreciated then the extensive impact the internet would have on traditional marketing, the role of a marketeer, or life, in general, as we knew it.

Mad_Men_season_5_cast_photo

I have to digress and take my fellow marketeers down memory lane for just one minute. Remember the days when advertising options consisted only of print, radio, network T.V., and vehicles like billboard and transit? And the days of needing to mail camera-ready ads aka slicks to media for publication? Yes, those days when e-mail blasts, social media influencers, pay-per-click and banner ads, and vlogging and blogging didn’t exist?

I’m guessing the majority of my readers will agree that there are pro’s and con’s to a world ruled by the internet. Below are what I believe to be the most critical impacts of the introduction of the “World-wide Web” (for those who don’t remember or know that’s the origin of “www.”). Given my profession, I focused on those that affect marketeers, but obviously, there’s been immeasurable impact on the day-to-day lives of all human beings.

Pros

  • It’s easy to find like-minded people or individuals facing similar challenges or opportunities, and to hold a conversation with them.
  • The opportunities to target individuals who enjoy certain hobbies and interests, belong to certain demographic groups, and/or who serve in particular business roles seem endless and are abundant.
  • Smaller organizations without deep marketing pockets can play the advertising game as well as, and sometimes even better, than larger advertisers via integrated online campaigns that are much less costly to execute and run (partly because of low or no production costs associated with online ads vs. the higher production costs often associated with print or broadcast advertising).
  • You can use the internet to research or locate just about anything or anybody.

Cons

  • Advertising $ have become quite diluted. The size of average marketing budgets has held steady and marketing monies now need to be spread across numerous media since target audiences are no longer listening to a limited number of radio or TV stations or reading a limited number of print publications. Per my Getting More Bang For Your Marketing Buck post, this means an advertiser’s marketing spend may not be as impactful, making it harder to achieve wished-for awareness or sales objectives associated with an ad campaign.
  • Marketeers may be pressured by external and internal clients to put the bulk of their time, energy, or budgets into online advertising and communications, such as social media or pay-per-click ads, when that may not be the most-effective vehicle for reaching a client’s business-to-business or business-to-consumer targets.
  • Maintaining an online presence on social media, blogs, vlogs, etc. is time-consuming, and marketing staffs may not be large enough to support the appropriate time expenditure on both traditional and digital marcom activities.
  • It’s become almost impossible for public relations (PR) professionals to know who and how to outreach to regarding covering certain topics and stories. Some publications employ different staff to handle their online vs. print communications and won’t share e-mail contact information. Instead, they encourage you to communicate with staff online. This evokes another “con”– it’s hard to have a private conversation these days as some social media users and bloggers don’t offer the capability for you to e-mail or message them, thereby forcing you to share your message with both them and the rest of the world.

What’s the key takeaway? As you set budgets, develop marketing plans, and hire staff for your next fiscal year, give a lot of hard thought to the target audiences for your products and services — not only where do your target audiences hang out, physically and virtually, but when and how do they best like to be communicated with? For example, they may be hanging out on LinkedIn because they’re conducting a job search or trying to do business development there, so that may not be the best time and place to bombard them with an ad about your business services. You and they might be better served by a more traditional marketing activity — a direct mail piece delivered to your targets’ physical office mailbox.

I’m always available to discuss any and all of the above and look forward to your thoughts. Depending on your feelings regarding the internet, take this 25-year celebration as motive to post and tweet away, or to take a walk outside and say “hello” to your neighbor in-person.

 

 

brand promise, differentiation, diversity, integrated marketing, keeping up with trends, marketing consultant, Memorability, staying current

To Make Sure You Relate, Integrate

I’ve been working with a real estate firm to grow the number of individuals who list properties with them as well as to identify prospective customers for the firm’s listings, which include commercial properties for purchase as well as for rent. Because of how critical it is for organizations to have a strong online presence and marketing program, we put a lot of our initial energies into Google AdWords search and display advertising, social media, and Web content.  The firm’s online marketing and communications activities were minimal and causing them to miss out on opportunities.

While online marketing has generated some leads for my client, a small recent incident reinforced something I’ve always believed and regularly share with prospective and existing clients.  You never should put all your eggs into one marketing basket. While a large percentage of individuals do search for business or personal information or needs online — and for them, it’s likely that digital and online communications are their preferred means of communicating and/or gaining information — there is likely to always be some percentage of the population who prefers to obtain information or communicate by other, more traditional means.

The incident I referenced above was that the client had sent out a flyer to a very targeted list of prospective customers we had pulled from a public database — individuals who, because of their line of business, we thought might have some interest in a particular property.  This “direct mail” initiative ended up causing a strong prospective customer to contact my client, and reinforced that there are still people out there who will open, read, and take action related to a direct mail piece — whether it be a postcard, letter, or some other format.

Right now, my client and I are also looking into print advertising opportunities. Yup, good old-fashioned newspapers and magazines because, again, there are still prospective customers out there that prefer to or enjoy getting their information through print media.

fishing

Photo Courtesy of FreeDigitalPhotos.net

I believe I may have already shared this in one of my blog posts, but one of my favorite marketing sayings is “fish where the fish are”.  It’s really important to know what type of fish you are trying to catch, and then, what types of and what bodies of water they like to swim in. This will allow you to develop and execute an integrated marketing campaign that repeats messaging, creative, images, etc. across a variety of vehicles and media that are appropriate. This will ensure that each of the types of fish you are trying to catch are spoken to via a vehicle or media to which they can relate.  And, of course, you’ll get the benefit of repeated exposure by your fish to your messaging by employing many vehicles. Remember, the average fish doesn’t always stay in the same area of the lake. In fact, they may regularly travel between a river and an ocean, and like both fresh and salt water.  Maybe I should have titled my blog post “integrate with the right bait”.