Showing posts with label marketing. Show all posts
Showing posts with label marketing. Show all posts

Tuesday, December 1, 2009

Marketing as a political campaign

I just finished watching the CEO of Vail Resorts talk about the impact social media marketing has had on the marketing cycle.

The talk – available for a limited time here at AdAge - highlighted that they have changed their marketing mix and reduced the number and frequency of magazines and other more expensive media. He articulated something quite different as to the reasons why. It's not simply that social media has more impact, which can be argued, but rather the lead time for traditional media is too long.

Committing to running a print ad is more than just running it in a publication. Space needs to be purchased, strategies agreed upon, and creative brainstormed and produced. This cycle can happen quickly but most of the time takes months.

By rotating the marketing spend to social media, Vail Resorts can change the marketing message at the drop of a hat. Do they need to juice up occupancy for a week? Run a special using search engine marketing or links to one's Facebook friends. Create an event out of coincidences.

He likened his marketing strategies akin to a political campaign. What's the message of the week? How do we support this message? What are the forces we need to fight?

Who would have thought that politics and business would be aligned so closely now?

Wednesday, July 1, 2009

I blame Marketing!

There's an interesting article in Advertising Age that places some of the blame of today's economic conditions on marketing. Before that sounds too far fetched, I think Rance Crain has a point, certainly in the example of General Motors he used. I think many of us have made these points with all of our clients at some point in time only for them to fall on deaf ears.

The money quote:

Citigroup wanted consumers to buy as many of its financial services as possible. But from a marketing point of view, this was impossible. Consumers didn't associate any of those financial services with a "bank." The perception Citigroup tried to create in consumers' minds was at odds with what a consumer perceived a bank to be.

General Motors tried to create an auto supermarket in every Chevrolet dealership. Any kind of car or truck a consumer might want to buy, they could find in a Chevy showroom.

Even worse, every other GM brand tried the same strategy. Any kind of vehicle you might want, Pontiac had for sale. So did Olds. And Buick. And Cadillac.

Both of these two companies had fundamental disconnects between their product strategy and their marketing strategies. In GM's case, they needed to crank out millions of cars to help pay for their investments in things like engines and powertrains. But instead of creating unique vehicles for each division, they made a few tweaks here and there and shoved a new nameplate on them. Of course consumers are not morons and saw right through it.

In my mind a brand is a promise. What makes Pontiac's promise any different than Chevrolet if they essentially offer the same thing? How does one buying one's insurance from Citibank benefit the consumer?

Ironically I have a bad feeling about Toyota. I've always been surprised at how willing they have been to mimic the former Big Three. The brand's reliability has managed to keep it out of trouble. But it doesn't take anything more than one well-publicized incident to cause a problem.



Friday, January 9, 2009

Mac 4 Business


One of the biggest mantras in the Windows vs. Mac battle is the idea that PCs are better for business. I agree there is more specialized software available on Windows but the gap is shrinking. 

In exploring the latest iWork, I stumbled upon a page on Apple.com devoted to illustrating how businesses are using the Mac successfully. I'm sure this effort is known in some circles but it's quite stealth. And well done!