Printing Money with Your Marketing

What if there was a marketing tactic that was proven to boost recall of your brand?  One that caused prospects to spend more time with your message?  One that led to increased sales?

There is.  But there’s a problem.  Even though it’s scientifically proven to move the needle in big ways, there’s a good chance you won’t take advantage of it.

Why?  Because it’s not the newest, coolest, sexiest tech.  In fact, it’s almost the opposite.  It’s print.  And it works better than you imagine.

According to Scientific American, “People understand and remember what they read on paper better than what they read onscreen.”  Go ahead.  Read that again.  Better yet, print this out and read the hard copy.

Here’s some proof.  Many retailers who switched to online catalogs watched their sales plummet.  That’s why you’re seeing catalogs in your mailbox again.  Magazine readership is up, too, as are book sales, as people rediscover the joy of a literal page turner.  Sales literature is in demand as well, especially for complex products or services.  And the ROI for targeted mail is as strong as ever – or stronger.

Best of all, you can crank up your ROI with a few tactics that make print work even harder.

For example, you can inexpensively add augmented reality and turn any print piece, from a sales brochure or direct mail piece to a magazine ad or sales tag, into an interactive marketing machine.  It takes your message off the page and brings it to life on the viewer’s phone, in the form of video or an alternate view.  It can even take them to a web page, where you can capture their device for retargeting.

Using variable data printing, you can personalize direct mail using all kinds of information from your own database or a purchased list — not just names, but age, gender, neighborhood, college, likes, dislikes, past purchases and future interests.

You can easily choose from a jaw-dropping variety of textures and special effects during the printing process.  The added tactile dimension will boost the amount of time a reader spends with your piece — and even get them to pass it around.

Of course, none of this matters if your print piece is poorly designed or off message.  So be sure you’ve got an offer that’s hard to resist, and that the design of your print pitch is one your prospects will find appealing.  Then use some of the many approaches available to add elements of interactivity, and watch your return soar.

The Secret Ingredient for Marketing

If you read the emails, or watch the webinars or skim the books, it’s tempting to believe the “experts” who tell you that there’s one thing you can do – one secret ingredient you can add to the mix – that will transform your marketing and have an outsized impact on profits.

In fact, marketing is a lot like cooking.  If you want a dish to be truly memorable, you need all the right ingredients, in exactly the right measure, combined in the right way.  (Even the Colonel needed 11 herbs and spices.)

And the recipe depends on your goal – what you want to accomplish.  That’s where marketing should always begin.  Who do you need to reach?  And what do you want them to do?  The answer to each question affects your choice of media.

If you’re selling something simple, especially if the purchase can be completed online, then online tools like PPC ads and email might make a lot of sense.  That’s assuming a younger audience.

Selling something more complicated, especially a service?  Media like targeted direct mail or targeted TV might give you the time you need to make your case, especially with an older audience.

Building brand awareness over time so that when a prospect needs what you’re selling, they think of you first?  Targeted print and outdoor advertising might be the ticket.

If you keep drilling down, focusing on your prime prospects, you’re likely to find that some combination of media is the perfect recipe.

And remember, as with fine dining, presentation is everything.  Once you’ve chosen media and a schedule, focus on the way you deliver your message.  If you can’t make it stick, nothing else matters – so be sure it’s memorable, and clearly conveys the benefit you offer in a persuasive way.

The Well-Dressed Brand.

Imagine this.  You’ve finally gotten a chance to present to the one prospect you really want for a customer – the one who could be a game changer for your company.

You prepare for the pitch for days, obsessing over every detail of your proposal until it’s perfect.  Then you show up to make your case…in a Pink Floyd t-shirt, board shorts, bedhead and flip-flops.

Or try this.  Your company expends enormous effort and finally gets that big sales meeting, this time in your own offices.  Again, your presentation is pristine.  But when the prospect arrives, the landscaping is untended, the office is dingy, the furniture is worn, the carpeting needs cleaned and light bulbs need replaced.

Sounds ludicrous, doesn’t it?  But something just like this happens every day.

A company works hard to provide a terrific product or service backed by great people at a price that offers real value.  But the elements that should showcase that ingenuity and value have the opposite effect.

The company website, designed by the owner’s nephew or by the low bidder, is six years old and feels older.  The company’s logo looks like clip art, while its salespeople hand out business cards ordered from whichever online printer was cheapest, so none of them match or hold up well.  Sales literature feels slapped together, and features bad photography and typos.

In short, everything about the way the company presents itself undermines its credibility.  And that makes it nearly impossible to persuade that elusive prospect that they really are the provider of choice.

Here’s how to prevent this brand dissonance.  First, write either a collection of words or a couple of sentences that describe what you want prospects and customers to think of when they think of you.  Be detailed and thorough.

Now do a brand audit, where you gather everything that faces prospects and customers, and compare it to those standards you just wrote.  Look at your graphic identity: your logo, cards, letterhead and email signatures.  Review your website.  Your sales materials.  Your Powerpoint decks.  Your advertising.  Your signage.  Your vehicle and trade show graphics.

If everything is in sync, you’re good to go.  But if not, take note of which items don’t convey the brand you need to present.  Then use those notes as a checklist, and build an action plan to resolve any issues you found.

When prospects are considering you, they need reassurance that you are who you say you are.  So as you head into fall, use this time to get every aspect of your brand in shape for 2019 and beyond.

(And if you need an independent brand audit to give you an outside perspective at what’s working and what isn’t, give Idealogy a call at 812-399-1400.)

Backing Into (Or Away From) A Brand

Right now, as you read this, hundreds or even thousands of companies are doing something completely weird but widely accepted.  They’re working on their strategic plans, and when those plans are complete, they’ll (maybe) look at how the plan impacts their marketing or brand.

That’s totally backward.

Before anything else, a strategic plan should focus on what makes your company or organization unique — what differentiates it from all its competitors.  That’s the essence of branding.  And it’s where every strategic plan should begin.  But they almost never do.

So try this.  Whether it’s your own organization, or a nonprofit on whose board you serve, the next time strategic planning time rolls around, challenge yourself and everyone else to begin by answering the brand questions.  Why us?  What makes us better?  Is that difference relevant to today’s buyers?  Is it worth a premium price?  Can it be easily copied by our competitors?  What will we do then?  Or what will we do to be one step ahead of that?

It’s impossible to set realistic goals for growth, expansion, product development, talent acquisition or anything else if you don’t know – and can’t articulate – what makes you worth the consideration of prospects, investors or team members.

But when you begin by tackling this question – and it’s probably the thorniest one you’ll deal with – the answers to all of those other questions become much more obvious.  And when you either discover your true brand or commit to creating one, you find that your strategic goals become bolder, and the people charged with meeting them become more engaged.

Here’s another benefit.  Putting your brand at the center of your strategic plan puts appropriate emphasis on marketing.  And marketing is one of the few budget items that’s an investment rather than an expense.  Done strategically, with a powerful brand as the engine, it generates a real, measurable ROI.

So the next time you roll up your sleeves for one more SWOT analysis, begin with your brand – or lack of one.  Is it a strength (be honest) or a weakness?  An opportunity (always) or a threat (often)?  Because getting your brand right adds a sharper focus to your entire strategy – and increases the likelihood that your plans will reap the benefits they should.

Big Brains, The Bee Gees, Bravery and Branding

“If at first the idea is not absurd, then there is no hope for it.”  Albert Einstein

When the movie Saturday Night Fever was in the works, company executives visited the Bee Gees to hear some new songs they had written, hoping that some could be used in the soundtrack.  According to the band, the executives (who were planning to call the film Tribal Rites Of A Saturday Night) had little good to say.

They thought “How Deep Is Your Love” should be sung by a woman.  They wanted to change the title of “Night Fever” to “Saturday Night,” even though there were many songs with that title, including a recent hit by the Bay City Rollers.  One of them sneered that “Stayin’ Alive” sounded too much like “Buried Alive.”  None of them heard a hit.  And when the band suggested changing the name of the movie to Saturday Night Fever, they were told it sounded like the title of a porn film.

The executives, of course, were proven wrong.  The soundtrack sold 25 million copies – still the record – and won a Grammy for Album of the Year.  And the Bee Gees scored four Number One songs, owning the top of the pop charts for months, and kickstarting a long string of Number One hits for the group.

So what does all this have to do with marketing?

When management looks at marketing, they’re searching for something safe and familiar.  There’s comfort in knowing that your website, your ads, your sales literature or your TV spots look like others in the industry.

But what made the Bee Gees’ songs so popular, and Einstein’s ideas so game changing, was the exact opposite. They weren’t like anything else.  And so they rocked their respective worlds.

If marketing is going to succeed in building your brand and making you stand out, the marketing itself has to stand out.  It can’t look or sound or feel like everybody else.  To quote another cultural icon, it has “to boldly go where no one has gone before.”

And management has to be able to move past the nervousness that truly creative work always instills in all of us, and give it a chance.  Most great moments in life begin with a case of nerves.  Reward requires risk, as in all things.

If you’re going to invest in marketing, invest in ideas that will break out and move the needle.

(And if you need a hand developing those ideas, we’re here to help!)

Why Branding Is Like Chess. And Why It Matters.

If you’ve ever played chess – or even watched a game – you know that only one chess piece can occupy any square on the board. If your bishop is sitting on a square, and your opponent’s knight lands on the same square? Bye-bye bishop.

Your prospect’s brain is like that chessboard. Only one brand can occupy any particular spot. And that begs the question: what spot do you own? What does your brand promise that no one else’s can?

To own a spot, you have to offer something that no one else has, or offer it in a way that no one else does. If you’re bragging about “generic” attributes like great service or competitive prices or quality products, you’re just one among many – and none of you owns a brand.

Two Ways to Win.

If you really want a brand that owns a position in the prospect’s mind, there are two ways to do it.

The first, as we mentioned, is to offer something no one else has, or offer it in a way no one else does. This never happens by accident. Never. It only comes from strategic planning.

You have to look at the market and the competition, then figure out what you can do that they can’t – or won’t. Think about Netflix. They started out as a convenient alternative to your local video store. Then, as internet speeds caught up to their ambition, they became a streaming service. Then they began creating original programs that people wanted to see.

And that tells you something about this first approach. It never ends. It can’t. As soon as you find or create a niche or an innovation, you’ll have competition copying you. That means you have to commit to a mindset of strategic branding. You have to constantly seek out new ways to stay ahead of the competition that are consistent with your brand position.

The other way to grab a spot and keep it is through sheer creativity and brazen marketing. One of the most successful examples is HBO. When they reinvented themselves with outstanding original programming like The Sopranos and Game of Thrones, their marketing mantra became, “It’s not TV. It’s HBO.” The genius of that approach? They repositioned all of their competition.

If you can make your marketing memorable – so much so that it is unmistakably identified with you – you can lock down a space in your prospect’s mind. And as long as you sustain it, you will be very hard to knock off.

Let’s Be Honest.

What’s the biggest barrier to branding? What keeps most companies from truly owning a square and kicking their competitors off the board? It’s the mistaken belief that they have a brand when they don’t. The delusion that saying what everyone else is saying is somehow having an impact. It isn’t.

So start with an honest appraisal of where you are right now. Be brutally, unflinchingly candid. Only when you know where you’re starting from can you get on the board and own your spot.

(And if you’d like to partner with an agency that specializes in helping clients do exactly that, just reply to this email. It’s the first step to brand ownership.)

How to Sabotage Your Marketing.

It’s amazing how many companies allow bad choices to undermine their ability to market effectively.

Exhibit A

Time recently published an article noting that, according to research, copy set with two spaces between sentences is easier to read than with one space between sentences. (For the record, this is hardly the first time research has landed on this conclusion.)

Here’s the punchline: the Time article went on to note that its own editorial policy remains one space between sentences. Yup. Their policy is more important to them than their readers.

Exhibit B

A billboard sits on the left side of an interstate highway. The headline is set in a very light typeface – small in all caps – against a pale pink background. It’s a trifecta that would make it impossible to read if you were parked in front of it, let alone cruising at 60 mph on the other side of a divided highway.

We’ve known forever that all caps are harder to read. That small or light type disappears on a billboard. That contrast matters when time is tight for the reader. And yet, this billboard exists. Somebody saw it on their monitor, thought it looked pretty, and approved it without worrying about whether anyone could read it.

We could go on. And on. Every day, decisions get made that make marketing less effective – or completely ineffective. Decisions that waste money. Lots of money.

There seems to be an assumption that in the digital age, the proven rules of design — the core principles that have been proven to work — no longer matter. In fact, with marketing messages spread out more thinly over a wider array of media, the opposite is true.

If you want to make all of your marketing work harder for you, take this one simple step. Pay attention to the fundamentals — the huge impact that design choices have on everything from digital ads and your website to TV, print and more. (You could start by reading Ogilvy on Advertising, which remains astonishingly relevant after decades in print.)

On the other hand, if you have marketing dollars to burn, disregard the role design plays in the buying process. You’ll go through plenty of cash while leaving customers behind.

(And if you’d like to partner with an agency that has a real mastery of those fundamentals, Idealogy is a smart choice. Just reply to this email to learn more.)

Your Brand’s Biggest Secret: It’s Not About You.

It’s a little hard to swallow, but it’s true.  Prospects don’t care about your brand.  Not at all. That’s the big secret, and the bad news.

Here’s the good news.  Prospects care very much about what you can do for them.  If you can do something no one else can do, or do it in a way no one else does it, or do it faster, or easier, or smarter, or greener, or prettier — if you can do it differently and better — they want to hear all about it.

What does that mean for you?  For starters, talk less about yourself.  Make it all about your prospects.  What are their goals or challenges or opportunities?  What’s frustrating about the solutions they’re using now?  And how can your people or product or service fix it for them?

Here’s a simple exercise.  Go through your website or social media content or sales literature.  Print it all out.  Take a black marker and cross out everything that talks about you and your company (look for pronouns like “we” and “us”).

Now take a highlighter and highlight everything that talks about your prospect and their wants and needs (look for “you”).

Those highlighted parts are what prospects read and care about.  The blacked-out parts?  That’s the stuff they’re skimming or skipping.  Now refine your content until the highlighted parts outnumber the rest by three-to-one or more.

Here are three questions to jumpstart your thought process: *

  1. What do you offer that no one else can?
  2. What’s a recognized weakness in your industry that you can exploit or eliminate?  (Think about waiting for the doctor or the cable guy, as examples.)
  3. How can you make life or work easier for your prospect?  More convenient?  More fun?  More efficient?  Better?

*  Use these for strategic planning, too, by imagining what you could do.

(If you’re ready to pivot and make your prospects the focus of your branding, Idealogy can help.  We can facilitate a planning session to help your team reimagine your products and services, or simply help you refocus your messaging on what your prospects need and want.  Just reply to this email to learn more.)

Stephen Hawking on Marketing

The late, great Stephen Hawking was a noted theoretical physicist and author whose book, A Brief History of Time: From the Big Bang to Black Holes became an improbable bestseller.  The reason?  Hawking was really good at explaining complex ideas in a way that the average person could understand.

But the truly remarkable thing is that Hawking accomplished the bulk of his life’s work, which was massive, while all but immobilized by motor neurone disease.  And when he was diagnosed in 1963, his doctors gave him two years to live.  He passed away in March of this year, 53 years after his doctors (all of whom he outlived) said he would.

So there’s a lesson or two here for marketers.  When you can only type 15 words per minute – and eventually a single word per minute – it makes you very selective, choosing your words carefully and using only what you need.  And when you believe time is severely limited, you embrace simplicity and clarity.

Now think about how placing limitations on what you do could improve your marketing.  You may already have financial limitations, especially if your marketing budget has been reduced.  What kinds of tactics could you use that require a lower investment but might be even more effective in getting your message out?

Try asking yourself this.  If you suddenly couldn’t use any of your current marketing channels to get your message out, what would you do?  What new tactics would you try?

Now go a step further.  If you had to make everything you did 50% shorter – every email, every ad, every billboard, all your web copy – what would you lose?  How could you trim everything down and still keep your core message intact?

Finally, if you could only tell prospects one thing about you – give them a single reason to choose you over your competitors – and you had to do it in as few words as possible, what would you tell them?  Remember that it has to be focused on them, not you.  And it has to offer a clear benefit that they can’t get from anyone but you.

Hawking, without the use of most of his body, wrote over a dozen books, advanced our understanding of black holes, showed how relativity and quantum mechanics were interconnected, had three children and appeared in countless films and TV shows.  Let’s go.

The 2 Times Marketing Matters Most

While marketers might complain that they never get a big enough slice of the budget, there are two times when marketing often gets too few resources when it really matters.

The first is when the economy – or even just the company – is on a downhill slide.  And at first glance, it seems to make sense.  With fewer resources available, everything gets shifted to life support.  The question that drives everything becomes, “How do we stay alive until things rebound?”

But it’s not that simple.  An investment in marketing is the one thing that can actually bear fruit and put money back in the bank.  It can produce income in excess of the expense.  So if you need more business, investing in marketing makes a lot of sense, even if it means you have to forgo something else or tap a line of credit.

Of course, that amplifies the need to be extremely selective about how and where you market.  The emphasis has to be on those activities with the highest likelihood of resulting in sales (as it always should be).

There’s one other advantage of marketing into a downturn, and it’s longer term.  It keeps you top of mind during the time when fewer people are spending.  Once the faucets get opened again, there’s pent-up demand for what you offer, so your recovery comes faster than it might otherwise.

The other time the marketing purse strings are tighter than they should be?  When business is booming.  Again, the logic here can seem sound – why put money into marketing when we have all kinds of business walking in the door?

The answer has at least two parts.  First, you should market into momentum.  Make that wave crest as high as you possibly can.  If you have a larger share of the market in boom times, you’ll keep a larger share when things tighten up – and that can sustain you.

And second, things will slow down, even if they don’t fall off a cliff.  The marketing you do right now is probably going to bear fruit some time in the future, just as much of the business you’re enjoying right now is driven by marketing you’ve done in the past.  To keep customers coming, keep marketing.

In fact, when business is brisk, consider setting funds aside that you can tap into when things slow down.  Because they will slow down.  And boom or bust, the companies that market consistently over the long term are better equipped to ride out the valleys and take advantage of the peaks.