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Better Window Than Door – a Transparent Marketing primer

November 11th, 2010

If you’ve spent any time reading content here at MarketingSherpa, or at our sister company, MarketingExperments, I bet you are familiar with this mantra – “People don’t buy from companies. People buy from people.” That very intuitive idea is a big part of a concept – Transparent Marketing – that is the heartbeat driving everything we do. We even offer an article that explains in detail what we mean by Transparent Marketing.

If you just want Transparent Marketing boiled down to the base essentials, here are the five key principles:

  1. Tell (only) the (verifiable) Truth
  2. Purge all vague modifiers
  3. Let someone else do your bragging
  4. Substitute general descriptions with specific facts
  5. Admit your Weaknesses

All five concepts are simple, direct and make a ton of sense. And you know what else? They are harder to implement than you think. Much too often marketers talk to the target audience in the “marketer” voice, and not the “person” voice.

Do you enjoy being spoken down to from up on high by some corporate entity you may or may not even want to engage with in any fashion at all? I know I don’t. Now when that same corporate entity comes at me with little more human-sounding message, suddenly I’m a lot more receptive to donating a bit of my valuable time (and/or cash) to whatever proposition I’m being offered.

Hype is a door, the truth is a window

Here are some daunting figures taken from that article I linked to up there in the very first graf. The numbers are from 2003, but the lesson is timeless:

The average person is assaulted with a barrage of 577 new marketing messages per week.

If we could somehow wire the mind of the consumer as they sift through the conundrum of emails, snail mails, banners and commercials… we would probably hear a resounding response:

“I don’t have time to listen, and I don’t believe you anyway.”

Indeed, experts tell us that people sort their mail in order to find an excuse to trash it. And even if by chance a message somehow escapes this ruthless purge… it probably won’t be remembered.

Statistics indicate that we retain less than 1% of the marketing messages we encounter.

That means that this very week, your company’s pitch is just one of another 577 being hurled at the prospect. You may be #11 or you may be #450, but whatever number you are, it is imperative to win a place among the fortunate 1% that are actually “heard” and remembered.

And this is only half the battle… somehow you must be believed.

The lesson here? If you can avoid churning out the typical jargon and meaningless hype, you have an opportunity to create a very high level of credibility. And credibility leads to trust. Trust builds a bridge to a relationship and that relationship translates into sustained sales. This short thought sequence is also taken directly from our Transparent Marketing article. Did I mention it’d be a great idea to invest in a click and read the whole document?

Here is my editor, and Associate Director of Editorial Content, Daniel Burstein on this topic:

In an age of social media, all marketing is transparent

Flint McGlaughlin’s seminal article, Transparent Marketing: How to earn the trust of a skeptical consumer, was written seven long years ago, and it has never been more prescient. Think of all that has changed since 2003 in the world of digital marketing. The rise of Facebook, Twitter, blogging, and other forms of social media has turned everyone with a device (you don’t even need a computer any more) and a connection into a publisher. So if you produce marketing that isn’t transparent, don’t worry, it soon will be.

From @BPGlobalPR to YouTube songs about broken guitars, you are no longer just up against your competition to grab mindshare about a product or service, you are essentially competing with your audience as well. They are also diligently working to shape perception of the brand. So let a little sunlight in … before someone breaks your window.

What does Transparent Marketing mean to you?

I posed this question at our MarketingSherpa, MarketingExperiments Optimization and B2B Lead Generation Roundtable LinkedIn groups.

Kirsi Dahl offered this response at the MarketingSherpa discussion:

In brief, to me, transparent marketing is a term we industry types have created to summarize a growing trend among consumers related to their skepticism of sales and advertising.

Consumers migrate towards brands that authentically engage in meaningful relationships with them. Brands can demonstrate this authenticity through listening and engaging in two-way conversations in places and spaces where their consumers are hanging out (online and in store).

First, I want to thank Kirsi for taking the time to share her thoughts with the group, and second, I want to invite everyone to join the conversation at one of the three LinkedIn groups, or in the comment section for this blog post. What does Transparent Marketing mean to you?

Related resources:

MarketingExperiments article on Transparent Marketing

Blog Case Study: Three Lessons Learned from a 232% Increase in Visits over Eight Months

Transparent Marketing and Social Media: Twitter and Facebook are the new Woodward and Bernstein

B2B Marketing: Are tradeshows on the way out?

October 28th, 2010

Bet that title got your attention. And the answer is, “Of course not.” Tradeshows, seminars, expositions and conferences have been a key way to connect with customers and colleagues for a long time (see the recently completed MarketingSherpa B2B Summit for just one example), but these events are facing some stiff competition from cyberspace.

The MarketingSherpa 2011 B2B Marketing Benchmark Report just came out and I had the chance to review it a couple of weeks ago. The report covers B2B marketing tactics, budgeting, challenges for the coming year and more. The information was gathered through 935 marketer surveys and the report includes 167 charts and tables.

The Benchmark Report is full of great material, but one particular chart really caught my eye:

The effectiveness of webinars is significantly greater than tradeshows

Now you’re probably thinking, “What gives?” I grabbed your attention with a dramatic title and immediately calmed things down with a reassurance that tradeshows aren’t going away anytime soon. Now this bit about effectiveness? The strong numbers for the effectiveness of virtual events and webinars are very intriguing, but maybe because they are so much less expensive to execute, marketers are placing too much value in the online events.

I asked Jen Doyle, Senior Research Analyst at MarketingSherpa and Lead Author of the 2011 B2B Marketing Benchmark Report, if some of this effectiveness is related to savings over tradeshows. Here is Jen’s response, “Absolutely. In addition to the benefit of cost effectiveness, webinars also offer a balance between having one-on-one conversations with prospects as with tradeshows, and reaching a high volume of prospects which isn’t always easily accomplished at these events.

“Our 2011 B2B Marketing Benchmark Study of nearly 1,000 B2B marketers revealed that the effectiveness of webinars is significantly greater than tradeshows.”

The emphasis on her final sentence is mine. So virtual events and webinars are seen as effective, but that view comes from a lot more than simple savings over tradeshows.

What makes live events and webinars effective?

Just how effective do marketers find virtual events and webinars? Here is Jen once again, “When executed properly, virtual events or webinars can be highly effective methods in both lead generation and lead nurturing. With the execution of webinars, organizations are able to generate interest, build brand credibility and gain thought-leadership recognition – all of which will lead to results that impact a B2B organization’s bottom line.

“In this year’s B2B study, we learned that 43% of B2B organizations found virtual events or webinars to be highly effective, and another 48% to find them somewhat effective. When we compared these ratings of effectiveness to other B2B marketing tactics such as email marketing, search, telemarketing, direct mail, etc., webinars came in as the second most effective B2B marketing tactic overall, just behind website design, management and optimization.”

At MarketingSherpa, we host both live events (like the upcoming Email Summit) and webinars (like the upcoming B2B Marketing Summit Wrap-up which, ironically, is “virtual” yet based on a live event).

Webinars are a great way to maintain a regular conversation and provide consistent information to our audience throughout the year. Live events offer the opportunity to really have some deep interaction with our audience, and allows them to share knowledge peer-to-peer, marketer-to-marketer.

So both live and virtual events work for us. It’s about finding the right place and time for each, and ensuring we have a steady stream of information for our audience through the year. What about your company? What have you found works best for you?

Related resources

2011 B2B Marketing Benchmark Report

Free Executive Summary: 2011 B2B Marketing Benchmark Report

Marketing Webinar Optimization: Five questions to ask yourself about webinars

Internet Marketing Research: A behind-the scenes look at MarketingExperiments Web clinics

Internet Marketing for Beginners: Email marketing optimization 101

October 21st, 2010

If you are new to email marketing this post should provide a framework to build on, and if you’re an experienced pro it never hurts to think about the basics every once in a while.

Let me tell you what this blog post – and optimization in general – is not about: it’s not about a set of “best practices” rules that you follow time and time again to achieve the best possible outcome. What this blog post is about is taking a look at the basic series of priorities in email marketing that are critical to optimizing any campaign, and how to better understand the psychology of your target audience in order to make continuing improvements to any email marketing efforts.

As a new reporter at MarketingSherpa, I’m currently taking the online certification and training courses offered by our sister company, MarketingExperiments. The first course I’m taking is about email marketing optimization. Here are a few beginner tips I’ve noticed…

Why should I give you my email address?

What are the basic priorities in email marketing? MarketingExperiments has developed a simple heuristic that puts the four critical optimization categories in order of importance:


The order of importance is probably pretty obvious – if you don’t capture an email address there’s no message to be opened. If the message isn’t opened there’s no possibility of clickthrough, and if there’s no clickthrough then the landing page won’t get visited.

All of this leads to the single biggest issue in email marketing right now – email capture has become very difficult. The people in front of the other computer screen have become very wary about spam and privacy, and very reluctantly give out their email address.

I know this. In fact I have more than one free Web-based email address, and I bet you are no different. The same goes for the people we’re trying to reach.

The value prop of an email capture form

MarketingExperiments has developed a second heuristic that is applied to each of the four categories listed above:

Don’t be put off by the possibly complex-looking formula. This heuristic is the key to understanding the psychology of your target audience. Since email capture has become something of an email marketing problem, and is the most important step in any campaign, let’s look at this formula through the email capture lens, but keep in mind it should be applied to all four critical categories.

For effective email capture (eme in this example) your audience needs to see two kinds of relevance – the offer and the incentive. The offer simply answers the “why” question, as in, “Why should I give my email address to this person/company/website?,” and is the value you promise in exchange for the address. The incentive is just what it sounds like – an appealing element in the process that helps you get an email capture. Both offer relevance and incentive relevance, done correctly, are working for you.

On the other side of the ledger, and working against your success, are friction and anxiety. Friction is psychological resistance in your audience and anxiety is psychological concern. You want to remove any concern your audience might have about providing their email addresses, but friction is a little different because you need to have some friction.

Just asking for an email address is an element of friction, and if you don’t ask for it, it’s going to be pretty tough to get that address. What you want to do is minimize the resistance in your audience and remove any concern they might have.

When you look at email marketing optimization in terms of four critical categories that can be broken down into a handful of elements shared by each category, it’s obvious that no singular set of best practices rules will give you optimal results. But thinking about each element in each category, and repeating that process on a regular basis, will help you achieve continuing improvement. Now that’s optimization.

Related resources

MarketingExperiments Online Training and Certification Courses

MarketingExperiments Email Marketing Course

Email Marketing: “I am not dead yet”