The Sound of Music ... and Advertising.

Whether you're Mozart, B.B. King, John Lennon, Hank Williams or Ne-Yo, sitting down to a blank page of music opens up a limitless world of possibilities. Boundless, untapped creativity. The dots you splash on those lines can be the next great ballad or the next great ballet. They can make people laugh, cry, love and dance ... it's totally up to the musician.

That's what I love about what we do. To me, creative is like music.  Eddie Wilson in the movie Eddie and the Cruisers said, "words and music, man - they need each other." I couldn't agree more. But so do words and images.

I share this rant because I just heard about an interesting client conversation. They didn't want to provide too much creative input because they didn't want to stifle the creative process. In essence, they were providing blank sheet music and asking us to write the next great song.

Which is GREAT!!! No creative wants everything dictated to them. BUT...we didn't know if we are writing a love song, pop song, western or jazz.

For advertising, the strategy is like providing the stye to a musician. It provides the ground rules that allow creative to flourish. Yes...creative DOES need rules. Are we writing an eight-bar blues riff? A concerto? Will it be acapella? We at least need to know what instruments to include.

And within each musical style, the creativity is varied by tone. How do we want people to feel. Is it reminiscent? Inspirational? Foreboding? Your advertising creative needs a defined tone too.

You can give 100 musicians the same 8 notes and you'll hear 100 totally different tunes. They just need to select a style and define a tone.

Give 100 writers and designers the exact same well-defined strategy, and you'll get 100 different well-positioned ads. If you truly want to set your creatives free to keep their feet on the ground and keep reaching for the stars, give them the freedom of a tight strategy.

For the cheat sheet to a tight strategy, click here: 

A Cheat Sheet to Perfect Creative

We bring these marketing philosophies to credit unions and community banks nationwide, and would love to bring them to your institution too. Contact us to see how.

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Leadership Traits That Inspire Loyalty In Your B2B Telemarketing Team

Loyalty – the one quality that many business owners and managers want to develop in their employees. This is also the quality that compels marketers to stick to their bosses through difficult times, convincing them to look for viable answer to many B2B telemarketing concerns. Well, you have to admit that generating qualified sales leads through this medium could be a pain. And not many people will stay working for you, what with all the pressure and challenges that they will have to face here. It is your job, as the leader, to inspire loyalty in your people. Mind you, doing that is no walk in the park, but if you know what to do exactly, then you will be on your way to a productive appointment setting campaign.

Let as look at the following, for starters:

1. Be honest – nothing can be more inspiring than being honest with your people. I know, this may sound cliché, but you have to admit that leaders who can remove ambiguities and promote accuracy and openness in the office are the ones who are most likely to succeed in fostering respect and loyalty from their employees. So try to keep that in mind as well

2. Stick to the job description – when you hired someone, you hired them specifically for the job you have in mind. Making them do things that go beyond their job description not only results in poor results (if that employee lacks the proper skill for the new job) but also resentment from your employees. Think of what would happen if you put your researchers in a big-time telemarketing job. They would not like that.

3. Get real – basically, you remove the barriers that keep people from interacting and working together. You know you have something good if people collaborate and contribute towards a better lead generation process. I mean, you can only get that if all the inputs from other members of your company share their thoughts to the one making the marketing plans. Some might even get the courage to go straight to you and share their marketing ideas.

4. Show fairness and openness to everyone – simply put, you want to be transparent, whether it is about that needed to be done or the problems that your company is experiencing. You have to show them that you are someone who appreciates good work and is not reserved with the praise, or critical analysis and advice in case things go wrong.

5. Do not tell them, show them – action speaks louder than words, so to speak. That is how you teach employees how things are done in the office, and in the way you prefer. Sure, you can let them do things their way, but you have to make sure that everyone is heading to the direction you desire.

Having loyal employees is very important in your B2B telemarketing campaign. Try following these tips and you will be able to keep your employees working for you. This is a good investment.

Marketing to White Rabbits

Earlier this month at Princeton University, I had the honor of being invited to Filene Research Institute’s annual big.bright.minds meeting.  It was an incredibly cerebral event and I found myself wondering what the week would entail as we took a deep dive into behavioral economics and the concept of scarcity - financial and bandwidth (time).  What this means for us marketers is that EVERYONE is stretched beyond his or her capacity in one form or another.

The economy has affected everyone to varying degrees.  People have gotten more creative about their financial lives from how they take vacations to doing without certain things because of budgetary constraints.  Financial woes take a drastic toll on the amount of attention that can be focused on other things because it is instead focused on making ends meet. 

Lack of time – or bandwidth, as it was referred to – is also something everyone (your customers and members included) struggles with.  And statistics show that there is only so much to go around – you can’t just increase your personal bandwidth by multitasking or getting less sleep or concentrating more.  We only have a limited supply of bandwidth.  Enter...the White Rabbit.

It isn’t so much the choices we present to our audiences in the form of messaging, products, or services, it is the WAY in which we deliver those choices that truly matters. 

While we are trying to figure out how to get out of the office on time so we can go take our kids to practice and then somehow get food on the table for our families, we just have no room to listen to or see important things we would ordinarily consider. 

Take your financial institution’s messages for example.  You may have the best new loan product, but getting that message across to your customer or member will be next to impossible unless you specifically design the message around the direct value to your target market.  What problem are you going to solve for them?  How will having this product or service make their life easier?  How will it save them time?  How will it help them be a better mom or help them better reach their goals for their lives and families?

And forget spelling everything out to them in a way that you think will appeal to anyone.  You have a specific person in mind for your message.  Tell THEM what you have to say in words that will appeal to THEM specifically.  Don’t use 25 words when 10 will do. 

When you try to come up with the perfect message that appeals to everyone, you are saying way too much and you aren’t specifically appealing to anyone.

For your next campaign, put on your own behavioral economics hat and think about how strapped for time you are in your own life.  Think about how your financial institution’s new product would make your own life easier, shape the messaging around that value in a succinct way, and you’ll have a much greater ROI for your marketing efforts.  

Amanda

We bring these philosophies to credit unions and community banks all over the country to help them with their strategic planning, marketing, and branding initiatives.  Contact me to learn more about how MarketMatch can help your financial institution define its "why" and achieve sustainable growth in the future.  Don't forget to ask about our ROI Guarantee - the only guarantee of its kind in the entire financial industry!

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Why There's Still So Much Bad Content

In a recent article at LinkedIn, Joe Pulizzi, the Founder and Executive Director of the Content Marketing Institute, observed that most of the marketing content produced by companies is "flat out awful." He wrote, "In many cases, the content is self-serving, not useful and, maybe the worst, pointless."

Pulizzi argues that companies produce bad content for three reasons.

• The vast majority of companies do not have a formal content strategy.
• The content marketing efforts at most companies lack focus. Many marketers feel compelled to develop content around all of the products and services they offer. The result is often content that is too broad (and too shallow) to be effective.
• In many companies, no one is accountable for the overall content marketing program.

I agree that the lack of strategy, focus, and/or accountability can result in "awful" marketing content. I also believe, however, that there's a more fundamental problem contributing to the continuing use of bad content.

We now know that most effective B2B marketing content is primarily educational and non-promotional. The goal of content marketing is to provide potential buyers information that is insightful, useful, and valuable, and thereby demonstrate your company's expertise, credibility, and trustworthiness.

The problem is, this approach runs counter to the basic paradigm of marketing that's existed for decades. For years, we've been trained to think that the best way to sell more stuff is to effectively promote our brand and our products or services. In the traditional paradigm of marketing, content is primarily about us - our company or our products or services.

Shifting from promotional content to content that's primarily educational and non-promotional is a difficult and counterintuitive change to make for most marketers.

In his new book, Ctrl Alt Delete, Mitch Joel provides an example that illustrates just how entrenched the traditional marketing mindset still is. Joel writes:

"Last year, I was in a business meeting when the idea for an iPhone app came up. It was a smart idea (you know, the kind of idea that you wish you had thought of). The chief marketing officer smiled during the presentation, put his hand up to ask a question, removed the glasses from his eyes and placed them on his notebook, folded his hands, leaned forward, and said, 'It's genius. . . but can we put our four key brand messages in there as well, because if we don't force people to look at them, what's the point of this app?'"

Companies are still producing "awful" content primarily because many marketers can't resist the urge to "always be promoting." Strategy, focus, and accountability are all important to building an effective content marketing program, but the starting point is adopting a different mindset about what constitutes good content and what role content plays in the marketing function.

Who Is Better At B2B Lead Generation? An Expert Or A Consultant?

You know that marketing is no easy job. Customer trends and tastes change all the time. And it is up to you to make sure that your B2B lead generation campaign becomes successful. Now, as a marketer, approaching potential sales leads requires that you know how to deal with them best. Basically, you have to assume one of the two common roles that appointment setters make: an expert or a consultant? But here is an interesting part, which of these two roles will fit you? Understanding whether you are an expert or a consultant can affect your marketing style. So, which is which?

  

1.    An expert will tell you what to do, while a consultant asks what you might do – Some business prospects do not like being told straight to their faces of what they should or should not do. Consultants, on the other hand, may not be able to get much, especially if the B2B leads prospects they are talking to are not exactly sure of what they should be doing in the first place.

2.    An expert starts a trend, a consultant follows it – honestly, there is nothing wrong about being a trend-setter. What makes it a problem is when it backfires on you, especially if the trend you want to create actually messed up your lead generation campaign. You might as well observe the trends and deal with what you see.

3.    Experts explain the facts, consultants learn facts – business prospects find it harder and harder to analyze the facts and get things straight, so most of them would love to have someone who could make things easier for them. Experts can do that. But consultants are pretty good as well. They just spend more time studying the market and getting the facts straight. Now that would take a lot of time, but it is worth it.

4.    Experts bring a lot of things in, consultants do not bring much – since experts are pretty much knowledgeable of how the market works, it is only natural that you would be telling them everything they should know about. In the case of consultants, they would want to know more about your business first before they can give a concrete answer. There are a lot of problems and issues that may not be seen by experts that consultants might be able to point out. But still, it may work the other way, depending on the business you have.

5.    Experts talk, consultants ask – knowledge is power, so to speak, and in a B2B telemarketing campaign, you need to know how your prospects prefer to be talked into business with. Do they want to hear what you have in mind, or do they prefer someone who listens to their concerns?

Think about it. This might affect your decision on what exactly is the kind of b2b lead generation specialist you are going to be. You can bet that your approach to sales leads prospects will be influenced by the way you deal with them.

5 Questions every B2B Lead Generation Company must mull over

The luxury that a marketer may have if he’s in the Business-to-Consumer (B2C) industry is that he can just pour in the right ingredients into the mix and the product will practically cook itself. That is not to demean their efforts, which are for sure very intensive, but the fact that their audience is the general buying public makes it largely easier for them to perform marketing.

In Business-to-Business (B2B) lead generation, however, buyers’ interests are not easily gained by preppy, bourgeois-eque publicity. The B2B audience is more or less “experts” in the field they are in, and they generally have the tendency to rationalize their purchases by learning about the product or service.

That in turn makes it a little bit more complicated for B2B marketers to evaluate the well-being of their marketing campaigns. It’s more than just asking “Are people buying our products ?” but it entails a lot more concerns to consider:

Does your target market know you?

Oblivion is marketing hell, and the first thing you should shoot for is recognition. If you’re a company that sells, say, technology products and software, the least that you could ask for is for your audience to know you exist, considering the tight competition in the IT industry. That should be your basic requirement; ask yourself, have people heard about my company?

Are you getting good traffic?

The biggest chunk of your B2B lead generation efforts will most likely come from inbound traffic, and if you’re getting none of that, then you should be worried, and you might as well just take down your site.

Do your visitors get converted?

It isn’t enough that people visit your blog almost every day to read your posts and see updates on events; they have to get converted to customers, or at least provide leads for future use. A lot of sites get an awful lot of traffic but end up not increasing sales anyway.

Are you attracting the right people?

Even when people do sign up for newsletters or contact your sales team, what are the realistic odds that they will convert? For all you know, you could be driving the wrong people (or perhaps the right people but for the wrong reasons). Make necessary adjustments to point your aim at the people who are actually going to make business.

Is your sales cycle functional?

Your sales cycle (in partnership with your sales team) is the machine that takes in the heap of fish, takes out the bones, processes the meat, adds the sauce, and puts the finished product inside shiny aluminum cans. If it’s not working, then your leads would just remain as they are – just plain leads. 

How To Prioritize B2B Lead Generation Tasks

As a business owner or manager, it is understandable if you want to generate the most number of IT sales leads for your company. The IT industry, while profitable, is also the most competitive. A lot of IT companies rise and fall every day, and only the strength of their products and the skills of their B2B lead generation team is what keeps the ones who survive afloat. And with all the things that you have to deal with, you cannot just cover everything in a single day. You need to learn how to prioritize. Otherwise, you would be stretching yourself so thin you have to chance to recharge or recheck your bearings. Now that would be more damaging to your IT business. So, how would you prioritize your tasks?

1.    List down your tasks – the main reason why you end up so overwhelmed with your work is because you do not know how many tasks you have to fulfill. Take stock of your work load. Only then will you know which one would be the most important in B2B leads generation.

2.    Identify the most draining tasks – to be honest, the one activity that would really drain you would be appointment setting. I mean, this is a process that requires constant monitoring and follow-up. You have to do that one right, before you deal with the rest.

3.    Forget about the perfect time – honestly, there will never be a perfect time to decide on things. You just have to deal with the challenges that get thrown your way. If you need to deal with your IT telemarketing campaign fast, then you really have to deal with it. Delays by waiting for the perfect time will not get you anything.

4.    Try not getting stuck on the big picture – sometimes, looking at the big picture makes you lose focus on the small details. And to tell you the truth, it is the small details that matter in your everyday operations. As a marketer, you should ensure that the small details are properly attended to. The big picture would take care of itself.

5.   Move on – there are so many tasks that you need to do in a single day that you just cannot afford to linger on one that you have just taken care of. If you think of each of these tasks as a sort of stages, one that will get you to your intended goals once the day ends.

6.    Rinse and repeat – basically, you do the cycle all over again the next day. The thing about marketing, and its accompanying tasks, is that the process never ends. You know that there will be more tasks coming up on your plate, and it is up to managers and entrepreneurs like you to put some system or process in place to help you go about your work, every day.

That is how you prioritize your tasks in B2B lead generation campaigns. Your IT business would be in a better spot with this.