Tuesday, September 1, 2015

Think B4 You Budget A Marketing Plan

It isn't what we've been ever told or what we've been habitually doing.

Based on business strategy and set goals, develop your marketing strategy while being obsessed with figures and numbers, plan your activities, make your marketing mix and lay down your marketing calendar as such. That's all true and essential, but my fellow marketer, what if you spent millions and achieved sales records for that fiscal year, and stood still confused about next year? Crisis happened or budgets cut-down, or market slowed down on response, or conversion just didn’t work. The What-IFs here can knock out your marketing expertise and leave you helpless on what to do next.

It has proven over the last decade that marketing of Talk to Crowd has shifted to the marketing of Listen to Crowd before you Talk to Crowd. And most of us have noticed GRP's fainting, bouncing rates are turning psychic and conversion rates un-determined…

Why? Because we're not listening, or just choosing what we're listening to.

Let's take a step back towards what marketing and communications is all about. We start with the consumer to validate Dipstick Studies, we start with the consumer to get indicative research, we start with the consumer to design, to price, to showcase and to promote. Today, featuring the evolving mix, our channels should be reset to factory settings (Basics of Marcom).

As a conclusion adding on the basic budgeting components:

Manpower, Marketing Research, Marketing & Communication Activities, Channel marketing, Acquisition & Retention, Telemarketing and the business related additional variables.

I've laid down the main functions for any brand marketing and communications activities as in the picture above. Let's apply those 12 to rule our marketing and communications activities plan development. We'll be achieving enough sales, awareness, positioning and engagement empowered by the vital element "Listening", so we comply with what the consumer wants and reach him in his ecosystem. Where he drives, where he travels, sites he visits, movies he watches, buzz he follows, applications he's used to, social platforms where he's active, and deep into his personal life where he's mostly indulged.

It will take you double the efforts at the start of initiating such a marketing communications structure; however, eventually if not immediately you'll be satisfied with results. It's as simple as dealing with your girlfriend or your wife; you need to listen carefully and remember what she said, because you don't want to mess with that, believe me.

No for Talking before Listening, never again.

And let's call it the Marketer's "Ear Drum Strategy", and if we all agree on it, let's talk later about differential listening in marketing and communications.

Think b4 you budget a marketing plan... Listen First.

Please place your comments and questions below; let's make this article worth spreading.

Appreciate your time reading and analyzing.

Truly,
Omar Youssef

Thursday, August 13, 2015

Brand Persuasion & Legit Positioning

How often have you struggled defining your brand, perception, values and its differentiation factors?

How is positioning shaped in today's evolving communication ecosystem?

Below is a process I've developed that makes it easy to marketers to analyse their brand, interpret what the edge can be, decide on the differentiation factors, develop the brand zone, mix the right communication mediums and achieve a legit perception for the brand.

First: Analyse the brand

1. Who's your brand? Male, Female; Luxury, Convenient; Practical, Sophisticated and relate to existing brands.

2. Observe those brands' activities, and pick what best works, or doesn't work and should not exist with your brand.

3. Who's your competition? Apple to Apple comparison and positioning matrices (quality, price, design, presence, promise)

Second: Interpret the Edge

1. What are the common factors among competition?

2. Where is the gap? Why it has been there and never filled? Is there an opportunity in filling the gap or not? If not, then what's the edge that you can create to overpass the competition?

3. Is this gap feasible to fill? How can we build strongly on it and reinforce it throughout our communication?

Third: Differentiation Factors

1. Apart from the gap, what will your differentiation factors be?

2. Can you give a promise? What will the promise be?

Fourth: Develop the Brand Zone

1. Build the observation from the gap and the differentiation factors

2. In one word (zone), brief your observation. This word shall be the focal center for your brand character, attributes, communication and behavior.

3. Test the word (zone): meet with your team, arrange for a focus group if possible, present, discuss, argue and shortlist (zones) to decide upon.

4. Finalize your Zone

Fifth: Marcom Mix

1. What are the marcom channels that best fit your communication objectives and best fit your positioning zone?

2. Can we budget this mix?

3. What's the best activation mix that compliments this zone?

Sixth: Break the Barriers with your Target Audience

1. In today's word, social media (online & offline) provides a great room to socialize with your audience.

2. Kill the commercial appeal, enliven the humanized perception of your brand. Let it speak out its opinions, express its character, comment on news, reward followers, promote advocates, create a vibe and continue doing the same.

Seventh: Achieve the Legit Perception

1. Stand up for your promise

2. Create a brand culture and educate your staff on it, make them your first ambassadors and let them breath the brand inside out.

3. Commit to deliver the quality and the perception you seek.

We hope we made sense here, and we're open to discuss and debate.

Awaiting your input.

Thank you for reading.

Omar

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