Number of Facebook friends in November:
Obama = 2,155,244
McCain = 578,651
George W. Bush = 0
« June 2008 | Main | March 2009 »
Number of Facebook friends in November:
Obama = 2,155,244
McCain = 578,651
George W. Bush = 0
Posted by Nick Wreden on February 16, 2009 | Permalink | Comments (0) | TrackBack (0)
Agencies constantly pitch themselves as being able to brand your offering. The pitch is so seductive: "We'll use your money to increase your sales and make you as beloved as Nike, Apple and Coca-Cola." Who wouldn't fall for this siren call?
The truth is that no agency can brand your product. One one level, this is demonstrated by the musical chairs that companies and agencies play. Agencies pitch their "creativity" and "positioning," companies stroke their collective chins and make poor agencies jump through more hoops, and then select a "winner," and everyone chimes into the chorus of creating a great brand. Then in one, two or three years, the process begins again.
Why?
The selection process is rigorous, agencies have talented people, budgets are available, and companies are committed to branding. So why are the pages of marketing publications filled weekly with news of new agency pitches or selections?
The primary reason is that agencies cannot brand. That's mainly because agencies are not in charge of the fundamentals of branding -- service, innovation, engagement, and execution. Agencies can make a brand promise, but, ultimately, they cannot fulfill it.
The second reason is because agencies are, in the end, nothing more than an organization, and subject to the strengths and weaknesses of any organization. And sometime, organizations fail to deliver, no matter how strong the historical record is or how committed the leadership is.
The best example of this is in an amazing email from TB Song, the chairman of TB Song. He wrote an email on December 31, 2008, outlining why the agency was not fulfilling objectives, either its own or its clients'.
The email is well worth reading:
http://media.blog.brandrepublic.asia/davidtiltman/ogilvy-chinas-collective-failure/
The point of this post is not to point a finger at Ogilvy. Indeed, Ogilvy is one of the world's premier agencies, and Mr. Song deserves great credit for accurately identifying the issues involved. In fact, if I believed in the agency model, Ogilvy would immediately make my short list. The first step to solving a problem is to identify it, and Mr. Song has nailed it.
Here are some relevant excerpts:
"The focus must be on our clients' business, and let the chips fall where they may." Too many agencies sell their "creativity" and highlight their "awards." But creativity is meaningless unless it results in profitable sales, and "awards" are nothing more than industry veterans recognizing their industry peers. The only award that matters is one that customers give you.
Another excerpt:
Too much attention is paid to "creativity," or worse, "positioning," instead of understanding pricing, distribution, supply chain relationships, competition and other relevant business issues. Until you understand these, it's difficult to solve client business problems.
"We arrogantly believe that we could engage consumers without actually understanding them." This applies to every agency and company that attempts to brand without doing prospect, customer and lost customer research. You cannot brand without ongoing brand audits.
That advice is not only applicable to agencies, but also to companies seeking short-term fixes or branding silver bullets.
Ultimately, agencies are only partners in branding. Only companies that are focused on execution, measurement and, most importantly, customer engagement can brand.
Kudos to Mr. Song.
Posted by Nick Wreden on February 15, 2009 | Permalink | Comments (0) | TrackBack (0)
Taking note of the Facebook fad....
1. Talk to an unhappy customer. Find out why they are unhappy. Better yet, talk to lots of unhappy customers about delivering better value.
2. Measure your retention rate. Work to increase it in 2009.
3. Ask employees to write down the value your brand delivers to customers. Then unite the vasrious responses and communicate a unified vision of your brand.
4. Make an instructional video about how to use your products and upload them to video-sharing sites.
5. Make a list of customers who have not bought anything for a year. Contact them with a promotion which encourages them to buy again.
6. Spend a day working on the customer service desk to find out what customers are saying.
7. Use a competitive product, and ask yourself: "why do people buy this product instead of mine?"
8. Write thank-you letters to your largest and best customers.
9. Stop using any tactic that is not measurable, such as "positioning."
10. Write a case study about a customer.
11. Bundle or unbundle features, and develop "good-better-best" pricing.
12. Make your product or other instructional guides clear and easy to understand.
13. Translate your website into multiple languages.
14. Train your sales force to improve their listening skills.
15. Find out why a customer left the competition for you, and find out why a customer of yours left the competition.
16. Develop a PR crisis plan.
17. Develop a corporate profile on Facebook.
18. Visit a customer. Talk to everyone who connects with your brand, from top executives to actual users.
19. Start a referral program.
20. Respond to a positive or negative comment in a blog.
21. Trust customers more than agencies.
22. Start a group based on your brand on Linkedin and other social networking sites.
23. Make your packaging easier to open.
24. Mystery shop your sales and customer service operations.
25. Write your own list of 25 to-dos to build your brand. Ask others to contribute.
Posted by Nick Wreden on February 09, 2009 | Permalink | Comments (0) | TrackBack (0)