Narrow Minded Marketing

Narrow Minded Marketing

by | Mar 18, 2024 | Marketing and Advertising Insights, Sound ADvice, The Not-So-Secret Writings of ScLoHo

The goal of your advertising should be to increase both your sales and your brand identity. But all too often we overly focus on analytics or demographics when creating our media plans.  Narrowly targeting often means you are missing the much larger population of people not in your core demographic.

As the “New Media” (digital and social) emerged, many businesses, large and small, made the move to these platforms believing that laser-focused targeting was the answer to their advertising dreams.

Wrong!  In fact, Tide, the #1 selling laundry detergent, found that while they were focusing on the people who fit their “typical profile”, they were missing the much larger target of those who were not using their product. In other words, they were eroding their brand’s awareness and missing the target of “new and future” users. Ultimately, their sales started to decline.

In a swift move, they moved the majority of their budget back to traditional media, and sales and brand identity rebounded.

In another example, it might not seem unreasonable for a baby-products retailer to target “women 18-49 with infants”, but according to the market research firm Scarborough, nearly half of those who bought infants’ clothing, roughly 47%, were from households without children.

The same research from Scarborough found that nearly a quarter of all women’s cosmetics and perfumes, 23.5%, were bought by men.

In Roy Williams’ Twelve Causes of Advertising Failure, #9 is Overconfidence in Qualitative Data. “In reality, saying the wrong thing has killed far more ad campaigns than reaching the wrong people. It is amazing how many people become the ‘Right People’ when you are saying the right thing.”

Being too narrow-minded and focusing on only the core audience is actually eroding your brand. Hundreds and thousands of people are not in the market for your product or service today, or even soon, but someday they will be.

Thinking beyond the traditional demographics your competitors are targeting with their advertising can help you reach untapped markets to increase your sales well into the future.

Click here to read how to reach and influence “purchasers” rather than “demographics”.
 
 
Now I’ve worked in both mass media and niche media.  I’ve done mass appeal and hyper-targeted campaigns.  I would welcome the opportunity to review any advertising proposals that a typical ad salesperson presents to you to see exactly what the focus is and if it’s a good match for what you want to accomplish.
Digital Discrepancies

Digital Discrepancies

by | Nov 20, 2023 | Marketing and Advertising Insights, ScLoHo's Collective Wisdom, ScLoHo's Web World, The Not-So-Secret Writings of ScLoHo, WOWO Fort Wayne Radio Advertising with Scott Howard

I was born in the 1900’s.

I heard that line last month when comedian Nate Bargatze was hosting Saturday Night Live. Of course I didn’t watch it live on Saturday night, I saw it a few days later because we have YouTubeTV as our streaming service and my wife was catching up on some of her favorite shows.

Back in the 1900’s, (I’m talking about the century, not the decade) we saw a change in advertising targeting options mostly with the growth of cable TV that happened in the 1980’s and 1990’s and what that brought us as consumers was hundreds of TV viewing channel options instead of just the local broadcast TV signals.

Baby Boomers like my wife and I, Gen X and even Millennials like my kids are different from the current Gen Z in terms of media and entertainment experiences and choices.  Social Media giant Facebook is on the cusp of being 20 years old, and that was a game changer.  Media was not just one way from them to us.  With Social Media, we all got the opportunity to have a voice online and share our thoughts and media beyond what the traditional media companies were offering.

A dozen years ago, I took a break from radio and worked for a couple of web based companies.  Targeting to the “right people” was the sales pitch for these new digital advertising options which was pretty cool we thought.  I mean if you could only send your ads to the people who are most likely to respond… that was a game changer too.

However, there are a few flaws with that kind of thinking because it ignores Human Behavior.   I’ll dig more into that in the future but the basics are that we don’t just respond to targeted ads when they are presented to us, there has to be a need on our part to spend our money, or something stronger than a targeted ad that has created the desire within us.

There is a real problem with highly targeted ad placement, in that the controls for the systems that spit out those ads are not very reliable. Some of us are overserved ads for things we might want to buy is one flaw.  Another is getting served ads AFTER we made the purchase because the algorithms haven’t been created to address that flaw.

MarketingCharts.com released a report that says:

Only 15% of US advertisers are very confident in their ability to see all creative running across all channels, and even fewer (13%) are very confident in their ability to tie creative performance back to campaign ROI, according to a survey  commissioned by Claravine and conducted by Advertiser Perceptions.

In total, the advertisers surveyed – all of whom spend at least $50 million on digital advertising each year – estimate that the wrong creative is served to the wrong consumer about one-quarter (25%) of the time. That includes a majority (56%) who believe the wrong ad creative is served at least 20% of the time, and about one-sixth (17%) who estimate that it’s served to the wrong consumer at least 40% of the time.

Advertisers believe that their ROI would increase by an average of 29% if they were able to serve ad creative to the right consumer every time.

Now, I’m not at all against digital advertising, I just believe it’s not as complicated as some will have you believe.

Instead of targeting individuals, you need to go back to targeting known audience groups.  You can do this with social media and other digital advertising but it’s what really what advertising was all about back in the 1900’s.

When mass media like radio, print, TV, heck even Cable TV were the choices business had, they used the characteristics of the media channels audience as the determining factor for where to spend their advertising money.

Going back to my knowledge and expertise in tracking digital targeted ads, I know that when you dig deep enough, all the data becomes less and less reliable.

I challenge you to think like a person, a consumer, a person that could be your customer and the habits and characteristics they have, and then create ad campaigns that speak to them with a relevant message on a form of media that they are likely to use.

If you’re in the Fort Wayne Indiana area, I can help you walk thru this process in person.  Contact me, Scott@ScLoHo.net and we can set up a time to help you avoid all of these Digital Dispensaries and actually grow for the future.

 

Timely Marketing Principles That Are Timeless

Timely Marketing Principles That Are Timeless

by | Jul 30, 2023 | Marketing and Advertising Insights, ScLoHo's Media, The Not-So-Secret Writings of ScLoHo

It’s been two full decades that I’ve been in the advertising, media and marketing world in Fort Wayne, Indiana, non-stop.

During the past twenty years, there have been a lot of changes in technology and how the world operates.  However, no matter what the technological advances, there are certain principles that you can follow to be successful.  You just need to see how to apply them to whatever your marketing options are at the moment.

First a little backstory.  In was 25 years ago this month of August, that I moved back to my hometown after my Dad passed away and I thought it was going to be for a couple of months to help my Mom downsize and move to a smaller place.  But I neve left.  Instead I got married again, and my wife and I have moved a few times, all on the northeast side of town including our last move 9 summers ago that was half a mile from our old home.

My media and marketing background is much longer than 20 years.  I was a teenage radio disc-jockey and pursued that career path for 10 years before moving my family to Detroit and working in the advertising side of the radio business.  I left radio in the mid 90’s and know how to drive a fork truck, run a tool crib and operate a thermoformer.  At least I did until technology changed and improved processes with automation.

April 2003 was my return to radio advertising and I took a whole, big-picture consultive approach.  While I earned my money from the advertising I sold, I really wanted to help businesses succeed and that was more of a motivating factor than money for me.

The past two decades, I’ve worked in radio, also website development, a niche newspaper, and was the social media voice for a multi-million dollar e-commerce company.  I mention my background not because I’m bragging, but to give some substance and add some credentials to what I’m sharing.

The Timely Marketing Principles That Are Timeless transcend the limitations of technology and get to what is the most important.

What is the Most Important?

Human Relationship Marketing Principles.

  1. Your Reputation Matters.
  2. People Need to Know About You Before They Will Spend Money With You.
  3. It’s Best to Be Known BEFORE You Are Needed
  4. That last one, it’s all about Top Of Mind Awareness.
  5. Build Relationships With People, not machines.
  6. We Want To Trust, so Don’t Blow It.
  7. If You Do Blow the Trust Factor, Apologize and Make it Better.
  8. Everyone is either a potential Customer or person that can refer potential Customers to YOU.
  9. Value is the sibling of Trust.

Apply these 9 Principles to what ever you do to market your business and you’ve established a foundation for success.

Now here’s a few more Timeless Tips:

The environment of your message matters. Take the old-fashioned standby of roadside billboards. If you are a roofing company looking to sell metal roofs to homeowners, the wrong place for your message is probably the sign next to the 40 year-old apartment complex.  A better location could be the road that the exclusive golf course is on.

The content of your message matter.  Don’t yell and shout at your potential customers in a radio ad, instead talk to them as individuals, in a friendly trust worthy manner.

Be strategic and consistent with your message. A lot of business people are looking for instant results.  When they think that something isn’t working they stop it and move on to something else.  Or they are having an identity crisis and sending multiple messages out that don’t fit a strategic master plan.  Apply human relationship principles of dating to your business marketing.  Most of us are not going to commit to a long term marriage relationship on the first date.  Or on the first attempt to get a date.  You can date one person for 50 dates and get a better result than if you were to go on 50 dates with 50 different people.

And Finally…

Be where your current and future customers are so you can connect with them.  If they are radio listeners, pick the radio station that has listeners that are a good fit to become your customer.  If they are on social media, use the social media channels that are also a good fit.

Be prepared to try something new, but don’t stop doing what works, without a solid reason.

And if you need help learning how to apply any and all of this to your situation, reach out to me.

Google is the Wrong Answer

Google is the Wrong Answer

by | Mar 21, 2023 | Marketing and Advertising Insights, ScLoHo's Web World, The Not-So-Secret Writings of ScLoHo, WOWO Fort Wayne Radio Advertising with Scott Howard

I was in a meeting with a business owner this month and as we were doing our usual “Discovery” meeting, one of the questions that was asked was:

Where are your current customers coming from?

He answered, “Google”

Bzzzzzz.  Wrong answer.

Well, perhaps it was really the wrong question.

Google for advertising veterans is the new Yellow Pages.   

For those under the age of 45, before Google was launched last century in 1998 and became the top search engine about 5 years later, consumers would use the Yellow Pages section of a phone book to get the phone number to a business they wanted to call or visit.

Yellow Page ad salespeople trained their business customers to ask new people calling, “How did you get our number?” and a sizeable percent of the answers were the phone book.

I mean it made sense, the phone book is where I got the number, so technically the answer was correct.  This is how the Yellow Page ad salespeople sold ads, by “proving their worth” and getting the business owner to buy a bigger ad each year.  

In the old days of the phone book or today of Google and smart phones, the answer to the question is predictable.  If I’m in front of my laptop, I’ll Google it.  Otherwise, I’ll ask my phone, because I can search with my voice.  Siri, Alexa, and Hey Google are all similar current replacements for the both the phone book and laptop versions of Google.

Here’s why that’s the wrong question to ask if you are attempting to decide where your customers are coming from or where to invest your advertising dollars.

Google is the last step in a long series of steps that your new customer made to connect with you.  We call it the Zero Moment of Truth.  

All they need is the phone number, or if I’m searching from my phone, I don’t even need the actual number, I can call without even knowing the number.

The question you want to know is what are all the other influencing factors that prompted your customer to Google you?  Was it word of mouth from a friend?  Was it a 10 second video ad they had to watch before YouTube played a cat video?  Was it the radio ad, the endorsement from the podcast host?  The highway road sign they drive by daily or even the Pay Per Click Ad they saw when researching the kind of stuff you sell?

That’s what you should measure, and make it multiple choice because odds are it’s a combination of multiple influences that were the steps that lead to that final step of connecting with you because they Googled you.

Google is not the answer to your business success, it’s just the final step that connected them to you.

What’s Your Edge?

What’s Your Edge?

by | Oct 19, 2021 | Marketing and Advertising Insights, Sound ADvice, The Not-So-Secret Writings of ScLoHo

In the world of selling products and services, when all things are equal, the decision we use to determine who we purchase from is based on… perception! And that perception is, who’s better, who’s more trustworthy, and who’s more reliable!

In most cases, many businesses offer the same products or services that you offer. In these cases, standing for “something” and being “different” is what is needed to break the tie.

At this very moment, people have a need or a want to buy the products or services you sell. Their next decision is the all-important one. Where will they choose to buy, and why!

First, let’s be honest.  For a certain percentage of people, price is all that matters, and you may or may not even be in the conversation.  But when price isn’t the only criteria, that’s when you have a shot.  Will it come down to a relationship, an emotional connection created from strong advertising, or a past experience, good or bad?

The key is getting people to know you and your business and know about your business BEFORE they need the products or services you sell.

Developing your tiebreaker, a consistent business strategy you can use to differentiate your business in your advertising and marketing, can be a challenging task but well worth the effort. 

Once you’ve clearly established your competitive difference (strategy), your challenge is to develop a unique and memorable way to consistently highlight that competitive tiebreaker.

Remember, when all things are equal, the “buy” goes to… whoever has something that is perceived to be BETTER or DIFFERENT!

It’s imperative that you have a clear and compelling reason for consumers to choose you over your competitors. 

If you would like help in creating your unique difference, click here to receive our Ten Tiebreaking Strategies as thought-starters for this important exercise. If you would like additional help, contact me and we will help you conduct a creative brainstorming or storyboarding session.