Markets are conversations…


…so declared the writers declared of The Cluetrain Manifesto back in 1999. It’s still enormously relevant and important, even though many of their predictions haven’t yet come to pass, and the old ways of Business As Usual have proved remarkably resilient. But broadband technology and the growth of social media in the last 2-3 years is now providing the environment for these conversations to flourish and grow.

Markets are conversations. Barter economies were based around individuals trading with each other to exchange goods. Information spread through word of mouth. Wise men kept their ‘ear to the ground’, and those with the best networks could command the best prices and biggest markets.

In recent times these inter-personal conversations were drowned out: new technology and communications media enabled those with money and resources (companies and their brands) to shout louder and for longer. Advertising and marketing campaigns became monologues; broadcasting messages from brands to persuade rather than engage or provoke any response besides purchase. They effectively overtook the individual’s ability to conduct conversations.

Now the technology has developed further, and is giving those abilities back. News spreads fast; review sites and social media enable strangers to recommend or condemn brands and products. In some companies and sectors faster than others, this is and will require a fundamental change of approach.

Many companies still “BAU” (Business As Usual) as an everyday term, which seems to imply that they are trying to preserve what has gone before, and everything else is perhaps “nice-to-do”. The very use of language is conservative and incrementalist, suggesting that change will only come when it arises from the pre-existing models.

Marketing Sherpa has recently published research indicating that Social Media and Search have overtaken email spend, and already significantly exceed display advertising. Companies are having to work differently…

It ain't about advertising...

It ain't about advertising...

However, many are still clinging to their historic approach to media. They claim to want to engage their consumers more directly and personally, yet they continue to spend a tiny fraction of their time and effort on this. They prefer to spend money advertising in traditional ways through traditional channels rather than hiring staff or systems to engage in conversations with their customers directly. They seem to fear the lack of control and certainty that comes from interacting with individuals, rather than the comfortable assumption that consumers are all the same. Well, we’re not.

Technology is giving people back the ability to engage each other more directly. There’s more truth in The Cluetrain Manifesto’s 11-year-old declarations than in most marketing reports published last month. We’re starting to help some of our clients learn how to face the future, and it’s already beginning to demonstrate results…


 

It’s not called a wheel, it’s a carousel…


We’ve always believed that marketing and advertising works best when it delivers an emotional connection between whatever is being ’sold’ and whoever is supposed to be doing the buying.

No emotional reaction means no response or action.

Bigger, better, faster, cleaner, tastier is all very well. But it doesn’t ‘get’ you; like Don Draper does in this fantastic scene from the first series of the excellent Mad Men.

Good luck in your next meeting…


 

Is Pull the new Push…?


(Inspired by a tweet from @socialmedia2day…)

Marketing teams spend millions of pounds in manangement time and agency fees developing briefs, tone of voice guidelines, and executions for every single broadcast message they put out. Every comma becomes a trauma, is that wardobe choice dynamic enough, does that font project our innovativeness? And once they’ve fine-tuned these messages and filmed them in glorious technicolour, they seem to sit back, their labours complete, and rest.

We like to think of marketing in human terms (see our previous post on this). I’d like to suggest this behaviour by brands and their owners is the equivalent of me seeing someone across a crowded room, falling in love with them from afar,  going home and crafting a perfect declaration of my love and why I am the ideal person for them, dispatching this missive, then sitting at my open bedroom window, gazing at the stars, sighing wistfully.

The time and resources devoted to enabling relationships between brands and their consumers can still be achingly inadequate. People who make an effort to find a brand and try to engage in conversation often go unrewarded, faced with impersonal automated email systems or glossy brochure websites.

But this can be easy: it certainly doesn’t need to be hard, or even expensive. But it does require a change of mindset, it does require brands to think of their customer relationships more like, well, real relationships; which need to be 2-way, they need maintaining, they need work. Otherwise, they’re not really relationships.


 

It’s about people, stupid


The work environment has changed immeasurably during my career. In my first market research job as a graduate we created slides of results, and printed them out onto acetates, which then had to dry, before being slotted into holding frames. Any changes and you had to do that slide again. Printers took 5 minutes to produce a single slide.

Tools to ‘enhance productivity’ are rife. We can integrate reporting across multiple platforms. We can create ‘decks’ with far more flexibility and creativity than before. We obsess about animation and builds, about ‘the message’. Death by Powerpoint and Analysis Paralysis are phrases born in the last generation.

But these tools often inhibit and distract us from more rewarding, direct, and meaningful interactions. Why not talk to each other, face-to-face, rather than hiding behind a presentation or an email. Powerpoint comes with built-in protocols and assumptions how charts should be laid out: titles and bullets, graphs and commentary. The Marketing profession has created its own language and terminology, at least partly because…

  • marketers are innately aware and guilty that our ‘profession’ is largely Applied Common Sense, so we create ‘technical’ language to lend it more credibility (noone likes to admit this)
  • as in other spheres, the jargon is a defensive mechanism to hinder or prevent ‘outsiders’ from realising that marketing is largely Applied Common Sense (see above)…

In marketing parlance, it’s a strategy to create barriers to entry in order to add value to our own core proposition and thereby add value. See what I did there?

Take (for example) two very common marketing strategies, and an alternative description…

Drive Penetration = get more people to buy some

Build AWP / FOP / Loyalty / Share of Requirement etc = Get some people to buy more

But by speaking in tongues, by overlapping objectives, strategies and plans, surrounding ourselves with TLAs, we get bogged down in our own process. Clusters and segements don’t buy brands and products, people do. And all these tools, applications and acronyms simply isolate marketers from the people they claim to want to understand.

As Bill Clinton’s presidential campaign famously realised, the election was about the economy. Well, marketing is about people. If we can get past the jargon, we can start talking as people, in human terms, about what people want and why they want it. Then we can start thinking about how we can give it to them, and make them feel better.