Entries by Darren Stevens

The end of an era

It was with more than a little sadness we heard on Wednesday of the decision to stop publishing The Gloucestershire Echo and Gloucester Citizen as daily newspapers and instead to publish them as a weekly paper. Now to put this into context I am of a generation that I still recall as a child rushing […]

What to do when Marketing goes wrong ……

In the ideal world, everything you ever do on the Marketing front will be a rip roaring success. But from time to time things can go wrong for even the best marketers – but then is the time for a calm head and to ask yourself some questions (or ask somebody like us), to help identify what went wrong and how you can improve things in the future.

Here are our 10 top questions to ask yourself, if you find yourself in the situation where marketing has either failed or not lived up to your expectations.

1. Did it really fail? This might seem a daft question but how reliable are your measures for determining the success or otherwise of your marketing? When new enquiries come in or new customers approach you, how rigorous are you at finding out what prompted them to contact you and is this recorded and analysed (not just for this one campaign, but compared with the previous month and the same month the year before). Are you examining the other indicators that might highlight the impact of marketing – an increase in web traffic, an increase in calls or footfall?

2. Was the market there? If your marketing happens to coincide with what is seasonably a poor time or an “event” that might suppress response, then it may not be the marketing tactic that you deployed that was at fault. For many businesses for example, August can be a difficult time to market because so many people are on holiday. If you are marketing to the general public the weather or even clashing with a major sporting event can have an adverse impact.

3. Were your expectations reasonable? This can be one of the most common reasons for marketing to have deemed to have failed. If your gauge or measure for success is beyond what you might reasonably expect, then you are almost doomed to fail. Look back at previous marketing to see whether your expectations are reasonable, ask somebody (not a competitor) what their experience is of using the same form of marketing or get a marketing experts view.

4. Was there a sufficiently strong call to action? For Marketing to work it must take the audience through the four steps of AIDA. You must get their attention, spark their interest, create a desire and get them to take action. Critically self examine your marketing to see whether there is something in it to take a person through these stages – is there a “why now” element that means people won’t put off the decision to another day.

5. Was there sufficient repetition or reinforcement? It can be very rare for a one off isolated form of marketing to work on its own. Put yourself in the place of your customer if they have never heard of you before, it is quite a tough task to create awareness, build trust and persuade the customer they want what you have to offer, all in one go. This is why larger businesses will model and evaluate the number of times somebody needs to see an advert to respond, so that they can buy their media more effectively. Ask yourself could/should your campaign be multi-stage i.e. direct mail, email, call or should it be integrated i.e. press/radio, online, social media and PR.

6. Was the marketing method wrong? Do you really have a very clearly defined view of who your target customer is and is the marketing method a good fit for this audience? Somebody targeting young female consumers would choose a very different form of marketing to somebody targeting say, recently retired. When you are buying media do not disclose details of your target audience, but do ask the sales person to describe or outline their audience so that you can then compare it with your profile.

7. Was your Marketing affected by competitor activity? So for example if you run an advert in a publication or on a website where there are 2 or 3 competitors advertising at the time – this will divide response. You will be particularly badly affected if somebody has a much bigger presence or is running a better offer. Equally though don’t fall for the sales trick of “you will be the only business of your kind in the publication” (an easy promise for some to make and begs the question why).

8. Is all lost? If you have had enquiries but they have not turned into business, might there be any residual value in these? Depending on the industry concerned it can be surprising how great a proportion of people that make an enquiry but then do not go on to make a purchase (even with somebody else). If this was a big campaign consider surveying those that enquired but who did not go on to buy, to seek their views.

9. The “but it has always worked before” syndrome. If you are still using the same forms of marketing that you were say, three years ago, then you may be missing a trick. There has been a major shift in marketing spend for example from more traditional methods to digital ones. The traditional methods still have their place but maybe the time is right to re-evaluate the methods you are using and the split of your spend. Fortunately with many of the alternatives available they can be relatively inexpensive to “dip your toe in the water” and can also be highly measurable.

10. Would expert help be of any benefit? Because we all consume marketing on a day to day basis it can be all too easy to form a view on a form of marketing – what we like to call a “focus group of one” (which is something you would not be advised to run). Sometimes an external expert can view things in a way that it would not be possible for somebody who is either not a marketing expert or tainted by being on the inside. If any of the points in this blog have made you think, then imagine how this kind of insight might feel if it were tailored to your business and industry. This is one of the reasons we find our Marketing Audits to be so popular.

Hopefully we have given you some food for thought in this blog. Overall we would say don’t get down because of failure, use it as a springboard to reflect on it and look for ways to improve your marketing in the future. Of course if you come to the conclusion that you might need our help, then we would be delighted to hear from you.

 

You have a website, so what …………. next?

Our top 10 tips for making sure you make the most out of your website and what it can do for your business. The chances are that if you are reading this and you either work in a business or run a business yourself, then that business will have a website. The possible exceptions might […]

Our Marketing predictions for 2017

As we approach 2017, here are our 12 predictions for the Marketing industry in 2017. 1. The percentage share of Marketing budgets devoted to some form of digital marketing will increase. 2. There will be a rush to make website https as Chrome rolls out its planned changes to mark non secure websites as insecure. […]

2016 – a month by month guide to what happened

In a year of such major political events, it is all too easy to overlook some of the main events in the world of marketing. We list here a light hearted look at twelve marketing things that happened in 2016 – one for each month of the year. January John Cleese returned as Basil Fawlty […]

The power of Social Media

Social media isn’t just there to grow your brand and connect with old friends, when done correctly, the big platforms like Facebook, Twitter, Linkedin and Instagram can play a key role in creating new business leads and attracting new customers. Let’s take a look at how Trumps triumphant yet surprising win in the USA presidency […]

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Who was the big winner of the Tesco versus Unilever battle?

When two mega brands like Unilever and Tesco clash, it is always going to be interesting and this week was no exception. Both brands hit the headlines this week, prompted by an attempt by Unilever to raise the wholesale prices it charges Tesco by about 10% of some of its household name brands (Hellmans Mayonnaise, Comfort and Marmite).

Somewhat ironically the Chief Executives of both brands had previously warned that the sharp drop in the pound post the Brexit vote would lead to price increases in the shops. But it seemed at one point that Tesco considered this week that it should not apply to them. Now I am sure that disagreements between suppliers and supermarkets are common but for these to become quite so public is not (apart from the very public Dairy Industry versus supermarket tug of war). Tesco tried to act tough, by seemingly withdrawing from sale (at least online) some Unilever brands that led to them showing as out of stock on their website.

Why did this attract quite so much media interest? A coming together of two things in our opinion – the insatiable appetite of the media for any signs of changes following the Brexit vote and product shortages (or complete unavailability). As for the latter you only have to look at how the media has handled petrol shortages in the past and their coverage of queues at petrol stations, by way of an example or the seemingly annual Prosecco supply “may run out” put out by that industry.

After a day or so, the situation was resolved, presumably with Tesco agreeing to some form of price increase, probably some way short of the 10% sought by Unilever. Was there a winner in this very public tug of war? Tesco would claim it was them, as they were portrayed as taking a tough stance with suppliers, trying to increase prices that they would then have to pass on to customers. Tesco’s mission statement includes the fact that they will “be a champion for customers” and their statement echoed this – “We always put our customers first and we’re pleased this situation has been resolved to our satisfaction”. The Tesco share price also climbed by 5% due no doubt in some part to the result of the battle.

Asda tried to jump on the same bandwagon with a statement about their own negotiations, but this attracted much less interest.

Unilever meanwhile were clear winners in terms of brand awareness, rarely if ever, has a number of household brands seen so much free coverage in the media. Now here at Prestbury marketing we do not necessarily subscribe to “all publicity is good publicity” but in this case the brands were clearly portrayed as household favourites, with any potential negativity being limited to Unilever (and arguably even they were portrayed as victims of the fall in the pound). A clever bit of opportunistic marketing by Iceland and a Daily Mail front page offer of a free jar of marmite right in the midst of this.

Image result for daily mail front page marmite offer

For what it is worth we would probably adjudge Marmite as the winners of this whole episode, but then we have always been very much in the “love it” camp (as opposed to the “hate it” one).

What is the marketing lesson from all of this? Firstly to try and anticipate any PR implications of major decisions before they are made and to have a plan for the most likely outcomes. Secondly, to monitor situations closely and ensure a speedy reaction as things develop. Lastly, if you want to be the next Iceland always be on the lookout for what is happening in your marketplace and consider how you can turn events into an advantage for you.