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Archive for the ‘Marketing’ Category

Recipe for Creating Successful Project Plans

March 15th, 2016

I love to bake and never turn down a chance to have a sweet treat. Everyone always tells me that they don’t have the time, energy or patience to bake. As a highly process-oriented person, my entire life is built around planning and executing projects of all sizes. I know how effective organization can optimize time and effort, so I’d like to share my “recipe” on how you can create successful projects from your company “kitchen.”

Recipe Card

 

What you will need: A strong starting goal and well-structured framework to begin building your process.

 

To assemble:

Step 1: Mix together a flavorful team

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How Companies Fail, and Why the Customer Always Wins in the End

March 11th, 2016

There are two ways for a business to be successful in the short term.

Option 1 is to do anything you can to generate revenue. Sometimes it’s something small like sending that one extra promotional email — it will get unsubscribes, sure, but at least it will push your numbers up this quarter. Or it might be something huge like holding a monopoly position in the marketplace. It could even be slowly making the product just a little bit worse to boost margins.

Option 2 is to relentlessly serve customers better than your competitors. Those are the case studies and stories we share on MarketingSherpa. Likewise, you see this in Zappos walking away from drop shipping, even though it produced 25% of its revenue. Or Optum reorganizing its marketing team around educating the customer, instead of one-and-done marketing techniques that attempted to generate leads but didn’t serve the customer.

Optum's consumer resource center

 

And, frankly, most companies are a combination of the two. But every day, with every decision you make as a marketer, you decide where on the spectrum your company lies. Will you push your company closer to the customer or farther away?

Of course, if it was easy, everyone would be doing it. Let’s take a look at why customer-first marketing is so important, and why it’s so hard.

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Charles Duhigg on How You Can Use Habit to Influence Customer Behavior

March 8th, 2016

“Although we think of ourselves as people who can make decisions, and in control of our own lives, 40 to 45 percent of what we do every day is a habit. It’s something that happens almost subconsciously,” Charles Duhigg, best-selling author, The Power of Habit, said in the Media Center at MarketingSherpa Summit 2016


Right now, he added, we are going through a golden age of understanding the neurology of habit formation.

“Which is great, if you’re … a marketer who wants to influence what people are doing with their time or their money,” he said.

A central insight of this, is that every habit has three components that it is made up of.

  • Cue: A trigger for an automatic behavior to start
  • Routine: The behavior itself, what we usually think of as habits
  • Reward: The gratification from performing the habit.

“What we’ve learned is that these cues and these rewards are really the important parts of what influences how people behave,” he said. “If we figure out how to diagnose these cues and rewards, we can change how people behave.”

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Marketing to Millennials: Are we still just selling snake oil?

March 1st, 2016

Skepticism is the disposition of our age. I’m not saying it’s a altogether new, but it is definitely the disposition of anyone under the age of 30 — AKA Millennials (see this study, and this one). I was recently reminded of how this reality impacts marketing when I came across a snake oil spoof video:

 

Most of us are too young to know the history of the original snake oil ads, and yet we have been significantly impacted by them. Some of the original snake oil ads (see below) created so much demand for their product that entire businesses were built upon them. It has been reported that city blocks had to be converted into factories just to handle the demand generated from such an ad.

And yet today, this kind of disingenuous marketing has completely jaded the marketplace. If this ad could even make it past all of its legal offenses today, it would not even come close to producing 1% of the results it did hundred years ago.

Snake Oil Cures AllThe above video, though a spoof, is making a very poignant point — many of today’s marketplace, particularly Millennials, see our “clever and creative” marketing tactics as nothing more than snake oil.

Consider the video as more than just something funny to pass around the office, but as a satirical indictment of our marketing techniques. Yes, the content of the video is absurd, but the marketing approach is not. And the painful truth I am reminded of as I watch it is that the post-modern consumer sees right through all our “best” methods.

 

We are more “oily” than we think

Whether you’re a Millennial or not, you don’t have to go very far to feel what I am talking about. You are a post-modern customer. Consider your email box right now, and look at the emails that have come in the past 24 hours.

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Live From MarketingSherpa Summit 2016: Morgan Spurlock and using storytelling in your campaigns

February 25th, 2016

This week the MarketingSherpa team is live in Las Vegas at Summit 2016. We are so excited to see all of the attendees who came out to learn with us at the beautiful Bellagio, and with thirty speakers diving into case studies on topics such as Digital & Data, Content & Social and Email & Mobile, there is so much to learn from our marketing peers.

This morning, Morgan Spurlock, Academy Award-nominated director and one of our featured speakers at MarketingSherpa Summit 2016, presented “The Greatest Lecture Ever Told.”

Read on for some of the many insights Spurlock shared with the audience.

MarketingSherpa Summit

 

Marketing is storytelling

Morgan opened with the idea that, with storytelling, you don’t want to be like everyone else — you want to bring something unique to the table — and you want to do the right thing, from a moral standpoint. And yet, you don’t want to go too far and be too crazy. “What does it take to create original stories that can make a difference?” Morgan asked the audience.

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Live From MarketingSherpa Summit 2016: 5 steps to telling your team’s story internally

February 23rd, 2016

No matter which division of marketing your team works in, you’d probably love to grow your team. You know your team is doing well, achieving great success, but how do you get that success noticed by leaders in your organization?

During Day 1 of MarketingSherpa Summit 2016, Brian MacDonald, Senior Manager of Digital Marketing, Hewlett Packard Enterprise, shared his journey to overcome this challenge.

Brian is a huge movie fan, and drew inspiration from Pixar director and screenwriter, Andrew Stanton, in his quest to get his team noticed and gain more budget.

Storytelling became his strategy. Brian is responsible for the IT Experts Community, as well as community strategy and blogging. His previous team of three did some great things that he didn’t feel were well seen by higher ups.

“How can we build a story around it to get people to care?” Brian said.

With movie making as a basis for his strategy, Brian came up with a five-step process for storytelling to internal audiences and stakeholders. 5 Steps to Effective Storytelling

 

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3 Steps to Conquering CASL: An interview from Email Summit 2015

February 19th, 2016

As we’re in the final days before MarketingSherpa Summit 2016, we thought it would be fitting to share the last Media Center interview from last year, covering a timely topic marketers were concerned about — Canada’s Anti-Spam Law.

With fines of up to $10 million per violation, Canada’s Anti-Spam Law (CASL) is among the world’s strictest anti-spam legislation and, naturally, it got attention. As a result, it’s too easy for marketers to feel overwhelmed by the new regulations, Shaun Brown, Partner, nNovation (an Ottawa-based law firm), said.

 

He discussed CASL with Courtney Eckerle, Managing Editor, MarketingSherpa, at Email Summit 2015.

“There are potentially huge penalties under the legislation. Every law firm is publishing information. You have bloggers, email marketers … everybody is talking about CASL. But not everything out there is necessarily factually correct,” he said. “And even then, we can’t always claim to know exactly how the law is going to apply in every circumstance.”

Consequently, some marketers have embraced CASL compliance. Others, not so much.

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Buying Versus Building Technology: Which is right for you?

February 12th, 2016

“I think the most important thing is that companies are realistic about what their expectations are for a technology investment, and realistic about their own capabilities,” Preston Wily, President, Sewell Corp, said.


In this interview, Preston speaks about his MarketingSherpa Email Summit 2015 panel presentation, which was about “what we didn’t do right” when making an investment in their email marketing program.

Preston recommended that when making technology selections, marketers ask themselves:

  • Define what your goals are from the program
  • Make those goals crystal clear to your team
  • Ensure those goals are also clear to any potential providers

If a marketer does end up in a situation similar to the one Preston and his team were facing, having made the wrong choice in technology, he advised that “they should be realistic about the situation, where they’re at and what they did wrong.”

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Building Customer Experience by Looking at Event Marketing

February 9th, 2016

When creating a product for your customer, where do you begin?

A key element in creating a product is to focus highly on the customer experience. Start by asking how you want your customer to feel, think and what action do you want them to take after viewing your product.

The next question to ask yourself should be, how do we begin to organize and execute a valuable customer experience?

As we are currently in the process of preparing for MarketingSherpa Summit 2016, I want to apply to these questions what we have learned from creating a real-world experience for the marketers who attend our conference.

Starting off, we evolved the event this year from focusing solely on email because customers told us that marketers today no longer have the luxury of focusing on only one channel. After all, the customer doesn’t think of interactions with your company through only one channel. So we’re growing to help attendees create a cohesive experience with their brand across channels.

I recently had the pleasure of interviewing Aimee Thompson, Events Manager, MarketingSherpa. Aimee is the brains behind MarketingSherpa Summit in Vegas, in addition to creating the structure for marketing labs and media centers at external events, and even expanding to in-person training.

We first dived in on the development of such a large and ever-expanding event, breaking it down into three phases of planning, which will also apply to any product creation or launches you may have:

  • Pre-production
  • Production
  • Post-production

 

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Online Advertising: Tips based on The Leading Hotels of the World’s campaigns

January 26th, 2016

Unlike many hotel brands that strive for a consistent look and feel, part of the value proposition of The Leading Hotels of the World (LHW), a hospitality consortium with 425 hotels worldwide, is that each hotel is unique. From the fabled King David Hotel in Jerusalem to The Ritz Hotel in London (featured in the film “Notting Hill”), customers have a plethora of experiences to choose from.

With such a diverse offering, online advertising, content and customer journey challenges that face every brand loom especially large for LHW.

I sat down with Debbie Johnsen, Director of Interactive Marketing, The Leading Hotels of the World (and Adjunct Instructor at New York University teaching Integrated Marketing, Ecommerce Marketing and Web Analytics), to get some tips that might help you improve your marketing campaigns.

“It’s key to understand your target audience. And for us, being a luxury brand, we’re looking for people [with] higher income, higher propensity to travel, people who travel more frequently [and] are looking for unique experiences,” Debbie said.

We discussed paid search, travel-specific Meta Search Networks, A/B testing, attribution modeling, the customer journey, content and customer reviews in this conversation.

 

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