Go-to-Market Strategy
In marketing, we always want to promote something distinct about our brand. It could be low price (if we are the low cost producer) or it must be about something for which buyers will pay a premium. This is a lesson from years ago from Michael Porter.
Mass marketers embarking on a big campaign start with television and then move on to social media. YouTube, Facebook and Twitter are no longer merely afterthoughts, but they are not typically the centerpiece for the effort except for smaller brands targeting younger people. And, while we have a lot of brands that are and always were Internet-focused (Amazon, E-Trade and Facebook itself come to mind), we don’t yet have m-brands, but we will.
About a decade ago, the marketing world focused on the Internet and its power. The impact of search marketing and e-commerce was evident and we all scrambled to adapt. The old days of mass TV advertising were dead, we all thought.
One of my recent posts was about the virtues of not targeting because we don’t do it particularly well and actionably enough. I am content with that perspective – for brands that are built and budgeted to sell millions of units each year.
But, what about smaller brands?
You might think that the key to understanding how people feel about their health care would be about outcomes – did the doctor and/or nurse take care of what ailed the patient? However, as a recent HawkPartners’ survey discovered, the lowest ratings of health care providers are on being “genuine” and “concerned.”
Leadership often is a matter of fact – a championship team or an elected official is, by definition, a leader. A CEO or department head is a bit less clear. While they are in a leadership position and have managerial and operational responsibilities, they may not be seen as a leader in fact. They have people who work for and report to them, but they may not have the qualities that make people want to follow or emulate them in some way.
I call it the sin of success: an early domination which makes the business feel like a champion, able to take on all comers. Time and again, this vanity blinds the conqueror to the real and growing presence of a threat. Sears somehow missed WalMart; AOL somehow missed everybody (but particularly Facebook, which also was ignored by Friendster).
Corporate brands often run into trouble, or into a strong new competitor, or simply run out of steam. Companies then put significant effort into rebranding or developing a new corporate brand positioning, sometimes with a new corporate brand name, often with a new visual identity. Too often, once these efforts are complete, they move immediately into telling the world what the brand (now) means.
A few reflections on grading the ads:
- Very divergent views in USA Today, WSJ and NYTimes
- However, unclear what standards each are using
- USA Today viewer meter continues to trouble me because it always tilts to entertaining (if not gross) ads with animals, so we get more and more of those types of ads
First Quarter:
Ads about as weak as the Patriots at the start of the game.
