best practices

Three keys to a successful modern marketing plan

/ Robert Pease / 1 Comment

I assembled these notes in advance of a presentation I thought I would be giving.  That didn't come together but I did want to share these three points here as "keys to a successful modern marketing plan."  There are definitely more parts to a plan than what is listed here but I believe these are especially relevant to what you can do and must do given how technology has changed both the approach and pace of marketing.

1.  Launch is a process not an event

Launch is not a one time event for your company.  Launch is a continuous process whether it is the release of new features, a partner announcement, or just a continuous flow of information and events that you are driving. 

I am not a fan of the "one shot" launch events.  Not because I don't think Techcrunch 50 or Demo are good events.  I just believe there are way too many variables that impact a positive outcome…and that the results of the outcome are fleeting.  Isolating everything that could potentially derail a demo or conflicts that could lead to a sparse audience is pretty much impossible so don't set yourself up for disappointment. 

I recommend laying out your time line and finding the events that support it.  Do not spend buckets of money on events although many require some level of sponsorship to get on stage.  Just be frugal about spend and critical of the opportunity.  If it seems to good to be true or it is presented (sold) as the "make or break" event for your company, move on.

2.  Identify on-line influencers in your domain & meet them

Everyone can be a publisher these days and there are no shortage of bloggers, podcasters, and amateur journalists in just about every industry and sub-industry.  A bit of time using a search engine will reveal lots of targets for your given domain that have huge readerships.  Engage with these on-line influencers, share your expertise, and provide content for their audiences.  Traditional newspaper circulation continues to decline so focus on those who focus on what you do and in your space rather than hope for that big article in the Wall Street Journal.  If what you are doing and saying is compelling (and you are really are on expert), those opportunities will find you.

3.  Embrace new technologies but don’t lose sight of fundamentals

Social media is a tactic, not a profession.  It has a role in the marketing mix and is a phenomenal customer support tool.  See it for what it is and understand it is a platform for your brand.  Use channels like Twitter, Facebook, and your blog to share news about you, about your industry, and to show off your expertise as well as that of others (yes, including your competitors).

For a bit of additional perspective, watch this video about how the fundamentals of B2B marketing stay the same:

Blogging will change your life

/ Robert Pease / Leave a comment

Don't believe me?  Then listen to what Tom Peters and Seth Godin have to say about it.  Good friend Max Effgen at 12Sided posted this some time ago and I flagged it to share here.

It is short and captures the essence of why I started blogging and the fulfillment I get from doing it.  It forces you to more fully and thoroughly think through things, truly grasp why you believe the way you do, and structure those thoughts and beliefs for others to consume.  I write as much for myself as I do for others and am thankful to those of you who think my posts are worth reading and keep coming back for more.

Earn permission to respond

/ Robert Pease / Leave a comment

This is a great (and short) blog post by Seth Godin on the topic of being accessible and making it easy for people to initially contact you.  Think about the last time you wanted information or were looking to buy something.  Did you want to answer a bunch of questions or provide a lot of information about yourself?

Email contact is like a first date. If you show up with a clipboard and
a questionnaire, it's not going to go well, I'm afraid. The object is
to earn permission to respond.

Keep it simple.  Request an email address or make it easy for people to send you an email with some questions (and be sure to respond quickly!).  This is just the beginning of the discussion not the end.

Why Positioning Matters

/ Robert Pease / 1 Comment

Happy Labor Day everyone.  I thought a post on "positioning" was timely because not only is it something we are continuing to focus on and evolve at Gist but it also came up last week in one of my mentoring sessions as a NWEN Advisor.  Also, it is no small effort to get right so thought it appropriate to discuss on Labor Day.

What is positioning and why is it important (according to me)?

The positioning strategy is a competitively focused statement of what makes a company different and better than the competition.  It is a description of how prospective customers, partners, etc. should think of the company relative to the competition.  A fundamental of good positioning strategy is creating perceived differentiation in an area that is important and relevant to those audiences.  Since positions are “relative to the competition,” it is important to understand how competitors are currently perceived and how they are trying to position themselves.

How do I come up with it (not sure where I got this from originally, so apologies for no source reference)?

[Company Name] provides  [product or service category]
For [your beachhead target customer]
So they can  [product’s primary benefit].
Unlike [the product alternative]
We [key differentiator]

This is definitely an exercise about picking the right words but in order to pick the right ones you must understand the broader landscape and how companies operate within it.  In an early stage company this is not a one time effort that you complete and move on.  It is a constant and iterative process as you learn more about your customers and market and the difference between how you want to be perceived and are perceived becomes clear.