Marketing Today - The Sky Is Full Of Dogs

There's A Smarter Way To "Bag" Consumers

By David Miranda

An inexperienced bird hunter bought some prized bird dogs from a breeder for, what would be, his first ever bird hunt. After several hours of futility, he returned to the breeder quite disgruntled and demanded his money back. The stunned breeder inquired what the problem was. "Didn't get one bird!", replied the hunter, "not even close." "That's impossible," responded the breeder, "those are my best performing bird dogs." "Well," said the hunter, "perhaps I wasn't tossing the dogs up high enough."

The same can be said for a great deal of the marketing done today. There are consumers everywhere and marketers futily "toss up" marketing effort after marketing effort in hopes of bagging their prey. In fact, the marketing "sky" is full of "dogs".

To "bag" consumers today, marketers must be smarter hunters. The first step is to understand the media consumption behavior of their target audience and design a campaign accordingly. The mass market has given way to many niche markets each with its own unique characteristics. The proof can be seen in the audience erosion of traditional media such as broadcast television, newspapers, magazines, and terrestial radio and the exponential growth of the internet including social networking sites, user-generated content, and mobile.

Here is some advice to smarter hunting:

• Zero-base your marketing. The marketing landscape is morphing very fast. New channels are emerging that can be more effective and efficient. Don't be married, therefore, to the status quo.
• Feed what works; starve what doesn't. Set performance benchmarks for marketing efforts. Have a clear R.O.M.I. (return on marketing investment) and hold people accountable.
• Avoid I.G.T.D.T.T. (I've Got To Do That To). This is the infamous me-too approach when a marketer observes a competitor's marketing initiative and copies it irregardless whether the initiative worked or not.
• "Do" outside the box, not to be confused with "think" outside the box. Observe consumer trends and behavior in the marketplace and adapt accordingly and quickly. Today, preference is perishable and consumers are literally only a mouse click away from a competitor's offerings.

Here's to smarter hunting!

"Where's Waldo?" - Cutting Through The Clutter

Making Sure Your Brand Stands Out From The Crowd

By David Miranda


We've all been exposed to Martin Handford's famous franchise, "Where's Waldo?" where one views a picture of countless characters in a crowded setting and the challenge is to find the stealthy bespectacled "Waldo". Depending on your visual acuity and search technique, you eventually find him. Of course, from that point of discovery thereafter, every time you view the picture, you immediately find him.

Every day consumers and brands play "Where's Waldo?" for real in the marketplace and the stakes are serious - brand recognition, sales, and market share, i.e. before someone buys your product or service they have to know about it - and find it! Sounds simple, but in a crowded and cluttered marketplace there are many "Waldos" and this is why marketing is critical.

A company cannot simply introduce a brand in a crowded landscape. It must develop a compelling and recognizable brand (Waldo); position the brand to distinguish it from the other "Waldos"; and communicate and reinforce with consumers where to find (purchase) the brand's offerings. This is a relentless pursuit since the landscape continues to change and more Waldos are putting themselves in the picture every day.

Make your Waldo obvious to consumers every day with smart marketing.

Recognition Marketing - What To Look Out For In 2008

Be Prepared For The New Year

By David Miranda

2008 will be an interesting year. It is a presidential election year with the most diverse slate of candidates in a generation. US. economic growth is slowing. World oil prices remain high. Toyota is expected to claim GM's long-held spot as the world's Number One automaker. The American dollar is soft against major world currencies. Credit is getting tighter after the sub-prime debacle. The Summer Olympic Games will be held in Beijing. Yes, it should be an interesting year, but there are a few areas that a marketer should pay special attention to since they will have a dynamic impact on marketing strategy moving forward. These include:

1. The privacy issue - The assault on privacy has been both overt (opt-in/opt-out programs); covert (Patriot Act; data collection such as from cookies without the expressed prior approval of the consumer) over the past few years and criminal (ID theft, mishandled, stolen or lost consumer data occuring both in the public and private sectors. Marketing Implication: The Do-Not-Call List will be followed by Do-Not-Email, Do-Not-Mail, and Do-Not-Text lists, etc, etc.. Opt-in programs will become the norm. It will be more difficult in the future to get consumers to provide confidential information and there will be more government oversight due to consumer backlash. Search engines and other web sites will be required to get a consumer's prior approval to collect data from personal searches, browsing/surfing, etc. Bottom line: Advantage to the consumer.


2. The copyright issue - As this article is written, there is a prolonged writer's strike that has put the brakes on many productions in Hollywood. The main sticking point? Writers want a piece of the revenue derived from new channels of distribution of their work, e.g. the internet, mobile, podcasts, etc. Video-sharing sites, like YouTube, are the targets of litigation regarding copyright infringement with the copyright owners demanding either compensation or removal of their protected material. Other owners of copyrighted material such as magazines, newspapers, book publishers, etc. are seeking financial remedies for the unauthorized use of their content by third parties. Marketing implication: The free ride is over for those financially benefitting from using unauthorized copyrighted content. It is the distributor of the content who must either pay or do without. This includes search engines, audio & video sharing sites, etc. Bottom line: Look for a change in current business models.


3. Great ideas will cut through media clutter - Media channels have proliferated and will continue to do so as newer channels, like mobile, find their critical mass audience. Consumers, using new technology, are now determining their own individual media consumption patterns. In this world of uber-choice and uber-noise, great creativity is the key factor in cutting through the clutter. Marketing implication: Great ideas will be the most valuable marketing currency for a brand. Bottom Line: If your marketing is very, very, very good, it's not going to be good enough. It must be great, driven by world-class creativity.