Focus
on Marketing Strategy, Not Just Tactics
by Kenneth G. Lauerer and William R. Markin
August 30, 2005
Far too often, agencies and companies alike unwittingly
focus on tactics, rather than strategy, in their marketing
and communications activities.
We see it often, as companies are shrinking and combining
sales and marketing departments. Merged departments
means fewer people with more to do. Often, the same
people are involved in management, in direct sales,
in product development, in marketing and in communications.
It's not always easy for companies to pause, step back,
and review where they are going. However, if you don't
have a clear marketing road map, you'll likely be going
in circles, wasting time and money, and falling short
of business and sales goals.
Understand your brand
Before we look at how you can develop your strategy,
we need to understand how that strategy relates to your
company's brand. The brand is the primary driver behind
your marketing efforts.
The term "branding" is one that is used frequently,
and is perhaps almost as frequently misused.
A brand is not a slogan. Perhaps the greatest mistake
many advertisers (and advertising agencies) make is
to assume that a brand is simply a slogan or tagline.
In doing so, they point to such examples as "When
it absolutely, positively has to be there overnight"
and "The ultimate driving machine."
Yet, while a slogan or tag line can sometimes capture
the essence of a brand, it cannot create one. The brand
must be understood first. Then, the right tag line or
theme can reinforce it. But unless the brand is already
understood, a slogan or tag line is meaningless to the
audience.
In fact, some of the best-regarded brands, such as
Starbucks and Nordstroms, don't even have slogans.
A brand is a unique collection of values that a product
or service brings to the marketplace.
If Starbucks just sold coffee at ridiculously high
prices, it would have a lot of competition and might
not even have survived, let alone prospered. But the
unique collection of values that Starbucks brings to
the marketplace far exceeds coffee alone, and includes
such intangibles as class, sophistication and perhaps
even a bit of snob appeal.
A company's brand exists within the mind of its audience.
Building a brand is the process of changing the mindset
of audiences so that they view the product or service
in terms of the total collection of values—both
intangible and tangible—that it brings to them.
Because brand building is a process, it must start
inside the minds of audience members, with what they
know and don't know, what they believe, and what qualities
and values are important to them.
How do you develop a strategy?
As marketing strategists, we recognize that the most
difficult and critical part of any assignment frequently
occurs long before the creative process even begins.
This initial thinking is vital because without it there
may be no way to objectively judge whether the creative
approach will work.
Effective brand marketing is a combination of the RIGHT
message, delivered in the RIGHT way, to achieve the
RIGHT results.
To that end, here's a simple but effective formula
that you can apply to your own situation. We call it
The Delta Formula, from the Greek letter "D,"
which is the mathematical symbol for change. It is based
on three key components:
1. Figure out what you want to accomplish. In marketing,
this is usually described as the change you want in
the marketplace—in buying habits, distribution
methodologies, or whatever the strategic goals dictate.
To achieve this, it is often necessary to change market
perceptions and attitudes. That's where advertising,
marketing and public relations come in.
2. Figure out what you have to do to make what you
want to accomplish happen. It's easy enough to run an
ad or produce a brochure and hope something good happens
as a result. But unless that ad or brochure is specifically
targeted toward bringing about a desired change in the
marketplace, results are a hit-or-miss proposition or,
at best, only temporary.
3. Do what you have to do to make what you want to
accomplish happen. Finally, it is necessary to execute
the strategy, which requires resources in terms of both
time and money, and there is seldom enough of either
to do everything well. That's why it's important to
be able to prioritize, to apply adequate resources to
the most critical tasks to achieve the necessary results.
Otherwise, it's easy to get caught in the trap of trying
to do so many things that nothing gets down well, and
there are no real results to point to, despite significant
expenditures and an abundance of effort. Prioritization
and the application of resources is a formula that has
proven successful for countless clients over the years.
While the steps may be simple, the process is not.
It takes an honest look at your company to accurately
understand what your current brand means, and how you
want to change it. Then, outline a strategy to develop
that brand in the minds of your audiences.
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