Browsing Category

Product Marketing

Social Media Club Atlanta and SoCon09

So had the opportunity to talk a little bit thursday and meet some folks for the first time at Manuel’s as social Atlanta showed up for 2 key sessions – Social Media Club Atlanta Chapter and planning for SoCon09.  The first part of the night was trying to figure out what to do for SOCon09, I more listened and distracted than added value, but I was there and tried to help.

SoCon09 is apparently the region’s premier social media thingy, so I’ll be there and apparently I’ll donate some time too.  If you are in Atlanta February 5 and 6, it should be a good time.  I really don’t know how you register, what it costs or like any of that  This is probably something I should know, but I don’t.

The best comment of the night was “Deal with it, Atlanta isn’t silicon valley” and that’s true, you don’t think cool technology or investment, wish I remember who said it.  That being said the level of interest, desire to improve and to develop interesting relationships is alive and well in the south.

photo by you.

The Social Media Club sucked up the second half of the night and provided for an interesting discussion with the active participants.  Peter Fasano definitely sparked a little conversation around the room with the discussion topic/theme of Retail and social media.

Many thanks to the Regator folks who bought drinks and for Tessa and Peter organizing it and getting the ~30 people together.

In the end, there are some really interesting folks in ATL doing this social media thing, some of which I knew about, other who I didn’t like Dan Greenfield.  My only complaint was it made for a rather late day, as I slid into the Unicorn to catch some band, who I equated to Nanci Griffith with a synthesizer. Not really a complaint and not really any bad times.

photo.jpg by you.

What’s Social Media Club?  Check it out and get involved!

Marketing IS in the Middle: Chris Brogan

Marketers are EVERYWHERE and not all are formally trained, I for one am an accidental marketer so I thought it was important to reach out to other folks who aren’t formally trained.  So as I continue to look at marketing and my network, I thought it was important to engage not just traditional markets, but also folks that help drive the overall ecosystem.  Chris Brogan is just one of those folks.  I actually didn’t follow Chris at all until he responded to a corporate blog I participate on and piqued my interest.   I’ve had the opportunity to meet, read and appreciate Chris’ take on social media and the larger marketing opportunity with social media.    Make no bones about it – Chris is a marketer and his new venture as president of New Marketing Labs is proof.  Chris was cool enough to participation in the marketing is in the middle conversation and below is his view:

What marketing roles have you had and in what markets?

None. I was a technologist for the last 18 years, but got into marketing by way of joining an events marketing company (Pulvermedia), and just haven’t left the circus since. Over the last 10 years, I’ve been blogging and using social media for improved business communications. Turns out that *became* marketing when I wasn’t looking.

When you look at your career in marketing, what discipline/component have you found most interesting/challenging?

Interesting: listening. I think that listening and customer service are the new marketing. Screw your stupid tag lines and contests. If I listen to prospective customers’ needs, and I can improve the way a customer works with my company, then I’m doing what marketing really wants to do: acquire new customers and keep the existing ones happy. Have fun with your contests.

What do you feel the most important component of a successful marketing gig?  (Product, Brand, Positioning)

Moving a behavioral needle. Did I get something to change and stay changed from when I started until when I left.

Since you selected something I NEVER would have thought of how has that contributed to revenue?

Building loyal passionate communities is a great way to contribute to revenue. It’s lovely to ask people who are passionate about how you make them feel for money. They like giving. Revenue is a return on influence.

What experiences brought you to this conclusion?

I’ve run some very successful conferences, and I’ve also run some online marketing experiences for people. In both cases, my best proof is revenue. I hate the ROI question, because there’s no easy calculator that shows you what I’m going to deliver. So instead, I show revenue bumps as fast as I can. Seems like a fair trade.

If you could design the perfect corporate environment for a marketer to be successful what would that be?

Small, nimble, and focused on action, not beauty.

How far is this from reality?

Not far in my world. I’m working with some great companies, big ones, who love the idea that it’s as simple as listening, building relationships, and serving those relationships. I love developing quality content marketing for them, like group blogs or email marketing that delivers, instead of the same tired old marketing messages. I’m loving my ride, and looking forward to what comes next!

Marketing IS in the Middle: Vikram Singha

So with the recent examination of my overall social network I got to thinking about the people who responded and those that I engage over and over to learn from, either via social media or in person.  To that end, I’m starting a series of interviews on Marketing, which are essentially just 7 questions.  I’ve got a bunch in the queue already, but wanted to start with a key influencer to my marketing experience, Vikram Singha.  I had the pleasure to have Vikram in my group for like 4 years and to work along side him as a peer during his last role I worked with him in.

Vikram is the type of product manager that looks at the numbers – the opportunity and the revenue, plus one of the best statisticians I have ever met.  Vikram is one of the founding members of Global Energy Talent and responsible for Marketing.  To that end, below is Vikram’s overview on how Marketing’s in the Middle from his experience:

What marketing roles have you had and in what markets?
Strategic Marketing- Federal Express; Ecommerce and logistics; worldwide
Product Manager- Inovis; B2B software and services; primarily US
Marketing lead- Global Energy Talent; Human capital  services for the energy industry; worldwide

When you look at your career in marketing, what discipline/component have you found most interesting/challenging?
The sales and marketing interface.  At most of organizations where I’ve worked there has always been tension between these two functions. The push and pull happens on many different levels:

  • who to target?
  • What markets?
  • What to build and pitch?
  • How to price?
  • How to get to the decision maker?

The successful organization aligns the Sales leader and the CMO tightly and creates structures that allow these teams to interact both formally AND informally. The trick is to make sure there isn’t an echo chamber and that creative differences can be brought out and thought through. My sense is that short term focused organizations (typically the tech industry which tend to be more quarter-driven) tend to have more differences. Managing this is always a challenge, as well as part of the fun of marketing.

What do you feel the most important component of a successful marketing gig?  (Product, Brand, Positioning)
Positioning. At the end of the day Marketing’s role is to tell the organization’s story– to prospects, customers, employees and different stakeholders in the market at large. This all boils down to how you talk about yourself, how you empower everyone in the org to tell the same story. Once you sell the vision then its easier to make the transactional sale, whether it’s a product or service.

Since you selected Positioning, how has that contributed to revenue in your experience?
Example at my current gig: Am part of a startup providing recruitment, training and consulting for the energy industry worldwide. We’re competing with both large global generalists as well as regional specialists. The only way we can get access to decision makers is to focus very specifically in one vertical domain and immediately connect with a pain point that most in the industry are generally aware of but usually don’t verbalize- lack of technical talent and the process to fill the crew gap. We’ve done this in a variety of ways and channels, and as result have entrée (and ongoing projects) at quite a few global oil majors that wouldn’t have given us the time of the day if our story was uni-dimensional. Being in the services industry (read: low IP) the value has to be defined at a very fundamental level, else it then just becomes a nickel and dime game.

What experiences brought you to this conclusion?
Trial and error!

If you could design the perfect corporate environment for a marketer to be successful what would that be?
Probably an environment where there is freedom to experiment. Ability to learn, and more importantly, institutionalize this learning. Key point is that this is not a marketing issue, rather an organizing principle at its core.

How far is this from reality?
Some companies are doing this already. Toyota, Apple, P&G, Nokia, Ideo. In fact Ideo has some very interesting approaches to ethnographic learning systems that drive marketing design decisions.

Been thinking all summer long on the value of creativity & access

Thanks to an post I read at TUAW, I got to thinking a little bit about “the product” music artists bring to market and how new models of distribution, access to the market and the ability to engage the community has changed things. Wayne Sutton‘s post on 7 Reasons why Twitter is good for the music industry was another post which got me to thinking about this too.  What is the value of a creative product if no one knows about it?  What is the value of a product when it is freely available?  When does a creative product transition from free to fee?  I guess these questions could be post/series in and of themselves, but each requires acknowledge.

With so many unknowns surrounding these question, many organizations and artists are erroring on access to their product as they engage the marketplace, rather than taking a protectionistic approach online.  So why is it that some labels and artists aren’t on iTunes?  I suspect it is just math.

I was expecting on my research to find a different set of folks not in the iTunes catalog then the last time I looks and this is not really the case.   The list of folks is fairly long who aren’t in the iTunes catalogue, but talks continue with various holdouts, so maybe the landscape will change. Ultimately, it’s just a business decision to participate or not.  For some access is more important than transactions, but I’m sure everyone would like to get paid if they could.

<insert transitional concept – oops don’t have one>

Kid Rock is still a holdout for iTunes, I only know this since I had to buy the CD to get it on my iPod, which is also another reason for this post.  The retailer, Kid Rock and his label got 10X with my CD purchase which I suspects generates more revenue than a $.99 download.  It’s appears that music has all the 4P’s of the marketing mix – product, placement, promotion and price.

I understand — ultimately Kid Rock has a product and he doesn’t want to sell his product for $.99 – understood. I’m not sure how the PxQ formula is working for him, but I would think it impacts cash flow which is pretty important in this economic climate.  It took me like 4 months to buy the CD and  I would have bought the single on iTunes months ago.

Curious thought — I wonder if this economic climate makes the holdout list a good deal shorter 18 months from now?  A significant 1 time royalty payment and slices of $.99 downloads just might help generate the needed cash for some folks to make it out the other side of this market.