You know, I’d hate to be a marketing manager in a typical service-based firm. The problem is, in such a firm, there’s precious little for a marketing manager to manage! Here’s a person with no authority, no direct reports, a tiny budget, and no process to oversee. A person who’s only mandate (to ’get the… “Is your marketing manager redundant?”
I’ve discussed in the past that an assumption that underpins the design and management of most sales processes is that conversion (rate) is the primary driver of sales. The Sales Process Engineering method recognises this assumption as erroneous. In most all sales processes, opportunity flow (volume) is the primary driver, not conversion. It’s quite easy… “When higher conversion equals lower sales”
At best ‘brand’ is a useful word. At worst, it’s a dangerously misleading management tool. It’s hard to talk about marketing without using the word brand (or one of its derivations). Believe me, I’ve tried! But in spite of (or, perhaps, because of) its useful nature, the word brand is functionally bankrupt. More often than… “The myth of brand equity”
My friend Jamie Hayes (whose Sydney gym was featured in edition 4 of AdVerb) likes to remind me that people don’t visit fitness centres any more. “The truth is,” he says, “they never did!” Jamie’s point is that, while almost all gyms have been calling themselves ‘fitness centres’ for the last ten years, their customers… “If it quacks like a duck!”
A message for those business people who insist on competing on price: go ahead! That’s right. If you have a cost advantage, flaunt it. Cut your prices, build marketshare, consolidate that cost advantage and annihilate your competitors. So what’s the catch? Well, to successfully compete on price, you need to be able to manufacture, market… “Go ahead. Compete on price!”
Why mysticism and marketing are incompatible bedfellows Imagine the reaction of your local doctor if you presented yourself with a cough and a slight fever and proceeded to inform her that you were suffering from tuberculosis! Can you imagine her obediently writing a prescription for Isoniazid and reporting your bad news to the relevant health… “‘Doctor, I think I’ve got tuberculosis!’”
It’s a conversation I’ve had time and time again. JR-M: Does that advertising campaign work? Marketing manager: It’s a little hard to say. JR-M: How do you mean? Marketing manager: Well, the phone doesn’t ring, but at least we’re getting our name out there. There they are, those nine terrible words: but at least we’re… “The nine most terrible words any marketing manager can possibly utter … and how you can avoid the need ever to use them”
[Note: the following post concludes with a challenge. I hope you’ll consider proposing a solution!] I can’t stand it anymore. If I hear one more (otherwise intelligent) person mention the concept of a ‘profitable customer’, I’m going to scream! The concept of a ‘profitable customer’ is as big a nonsense as that of a ‘profitable… “Is there such a thing as ‘customer profitability’?”
In her third term as Prime Minister, Margret Thatcher famously said,”… there’s no such thing as society.” She went on to say, “There are [just] individual men and women and there are families.” (Thatcher was responding to a special interest group that was casting its problems as those of society.) A few days ago I… “There’s no such thing as The Market”
I often find myself asking that question: do you really need all those branch offices? Think what happens when organisations implement our method. Salespeople don’t need an office anymore: they’re always in the field performing appointments. The scheduling of salespeople is centralised (that’s sales coordinators). There’s a whole bunch of reasons why you mustn’t *ever*… “Do you really need all those branch offices?”
