marketing Archives - Page 14 of 41 by Mark Murnahan

In Marketing, It Will Fly or It Won’t: What Grounds Your Marketing?

Persistence is important in marketing. If you give up too soon, you could miss a huge opportunity. On the other side of the equation, if you are trying to fly a lead balloon, it is best to stop before wasting any more time and money.

I want to inspire you with some questions about your marketing, and your business challenges. You don’t have to answer, but I hope you will. So, let’s start thinking about some things that can ground your marketing.

Know When to Change Course

How do you define the point when it is no longer productive to keep doing what you are doing? If you don’t know when to implement changes, it can destroy your company. What is the right answer? Is it when the competition starts taking away market share? Is it when the budget runs out? Is it when the company goes completely broke? Is it before all of this begins to go wrong, and you can take a proactive approach? Let’s consider this quandary, because although it may not be comfortable, knowing when to make changes is imperative to the growth of a company.

Have you ever pulled the plug on a marketing campaign? I have, and sometimes it was too late, but other times it was too early. I lived, and I learned. It sometimes felt like I was one of The Wright Brothers, crashing airplane after airplane trying to get it right. If you have ever really tried to make a business fly, you have probably felt the same way. Sure, there is value in mistakes, but there is even more value in learning to avoid them!

Look at the efforts in this early flight video, and tell me if it feels a bit familiar to you.

Marketing really doesn’t need to be so painful. The information you need to know is right there at your fingertips. Yes, right there at the computer you are gazing into, but it will only help if you learn how to use it. Even then, it does no good if you don’t actually make the tough decision of putting it into action.

If Your Marketing Won’t Fly, You Need to Know Why

How do you avoid the failures and cut straight to the part when your marketing soars like an eagle? That is tricky, and it is as unique as the company itself. You cannot eliminate all mistakes, but you can come a lot closer, don’t you think? I think we all can.

Something that many companies hesitate to embrace is that a marketing campaign should be carefully researched, or it should not be launched at all. When companies neglect the value of market research and planning, it is usually because they have already reached a point of desperation. This is often geared to cut corners, but it is about the worst place to make cuts. Another reason I see companies skip market research and planning is because they simply fail to realize how much they don’t know about growing a business. They may know their business, but know little about how to make the business grow.

Shortsighted marketing is especially common as social media marketing has become a perceived savior of the business world. This can all be used to your advantage, but not if you are doing the same things, and making the same marketing mistakes the competitors are.

Social Media Made Marketing Easy … Mistakes and All!

During my 20 plus years in marketing, I have made a lot of observations. What I have seen in recent years is a far greater tendency for under-funded and poorly planned companies to try and emulate competitors, rather than stand on their own unique merits. I call it imitation marketing, and imitation marketing means imitating failures, too. It does not fly well.

Along with the social media marketing craze where everybody wants to become a marketing professional, a lot of talent has been discovered. Far more often, it has led to massive amounts of waste created by squillions of people trying to earn as they learn, instead of earning based on their experience, knowledge, and marketing talent. I’m not exaggerating when I say that social media has as many downsides as it does upsides, and this is a huge downside!

Projections became more like a drunken bar room shootout for a lot of companies, and based less on solid mathematics and science, and more on luck. This makes absolutely no sense to me, because there is no other form of marketing that is more measurable than that which is performed with a computer. Computers record data and organize it very nicely, but some people still question the measurement, or the ability to hit the target. That sounds completely absurd to me, but then again, I have worked with it every day, since the 1990’s.

A Crash at the Air Show

Wouldn't Orville Wright's Diary Help You Fly?

I often watch unprepared marketing departments and small business owners running off customers by crashing their plane at the air show. They finally get an audience, and they make a bad maneuver. Worse yet is when they strafe the audience.

Firing into the crowd and hoping something hits the target is popular, but it yields a low return on investment (ROI). In military or police terms, it is a “spray and pray” effort. If you spray enough bullets, and pray to the warrior gods, you may get through the battle alive.

Failure to implement a proper marketing strategy is often why small businesses remain small. I don’t think it is because they don’t want to do more business, but rather because they are overwhelmed.

There is much more to running any business than just the marketing. A challenge exists in realizing that good marketing is what makes a company successful. Marketing is what makes the difference between Coca Cola and other drinks that didn’t make it. It is a pretty terrible area to make mistakes, or take shortcuts.

There are many potential points of failure in any organization, but making your company more marketable, and actually marketing it well, can make the difference between huge success and utter failure. It makes the difference in whether it will fly, or it will not.

What Challenges Your Marketing Flight?

I want to know what you think. What are your biggest challenges, or the challenges you see other companies facing? What do you think companies are missing in their marketing? Is it ineffective market research, lack of marketing creativity, failure to budget, fear of loss, or the monster of all monsters … complacence?

You name it … I want your opinions, and I hope your insight may help others.

Let’s do some learning together. I would not ask you these questions if I didn’t want to learn, too. If you struggle with an answer, here is another way to look at it: What obstacles do you think hold a company back from hiring an experienced flight engineer like myself? Please share your insight.

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Make it Harder to Leave, But Increase the Odds That You Will

I was just looking at my lawn, and it inspired me. Yes, it sounds silly, but hear me out. I will tell you a story, and maybe even plant a seed or two about getting the most from your life … starting now!

I want to pose a thought of how one of the famously noted “Seven Deadly Sins” can be effectively used, in moderation, to improve your business and personal life.

This is a story of taking inventory of life and business, and I hope you will use it for your benefit. First, I will explain why I took a closer inventory in my front yard this morning.

Back in late 2008, I became a reluctant participant of this thing we have called “economic recession”. Yeah, I am one of those CEO fellas who screwed up the whole economy. I was whacked hard and fast when multiple of my suppliers laid off thousands of employees and dropped some of the services I provided to customers. It was not anything within my control, and not my fault at all. A lot of jobs were lost, and a lot of pay cuts were handed down. Being heavily invested in my company, I took the biggest hit. In fact, I accepted it with pride, because I helped a lot of other people’s ships sink much slower.

Before the untimely meltdown, I lived in a very unique way. I was sitting pretty, just months from a young retirement. I enjoyed an amazing family life, with everything set to focus on being a full-time husband, daddy, and race car driver.

I pranced around in a custom built home with 5,000 square feet, that was perfectly ready to fill with babies. I enjoyed new Corvettes, Hummers, Jaguars, Escalades, fancy artwork, custom motorcycles, limousines, first class vacations, kickass clothes, and … you know, the whole ten yards. Sure, the common saying is “the whole nine yards“, but I added a few feet. Heck, I didn’t need credit, but I still found some good reasons to send over $50,000 per month to credit card companies. Yeah, I know … fifty grand per month … insane, right?!

I was feeling pretty proud of myself as I was living large, but not because I was living large. I did a fine job, and I became helpful to a lot of people. I turned out far better than my teachers expected when I left school for the last time at 15 years old. I had come a long way from the challenges of my youth. That feeling of pride was what got me moving, and kept me working harder. Yes, feelings of pride really can create a lot of drive in a person … keep reading.

In the big shuffle, I realized that there was a huge emotional backlash. It made things a lot more stressful, and I started losing the happy-go-lucky skip in my step. I was working more hours than before, and even more than in the earliest years of my company.

Something I saw then, and work hard to see each day, is possibility. I saw the possibility to grow, learn, and do more. I even took the initiative to write a few books, and a squillion blog posts about good marketing.

So, let me tell you something I learned along the way, and that I revisited this morning.

How You Feel Means a Lot!

I have observed that an incredible amount of potential comes from feeling good about yourself and the things you do. Sure, there is a list out there of “Seven Deadly Sins“, but I think one of them is a tool which is instrumental for success, if used in moderation. The one I considered early this morning as I looked at my lawn before the sun came up is “Pride”.

Feeling proud of yourself, your products or services, and who you are can create monumental changes in your life. Knowing that you are doing good things for good reasons helps your subconscious mind to discover ways to keep doing it, and doing it better. Feeling good, and being positive is not just some silly hype that motivational speakers sell. It really does matter, and this is something I want you to think about.

I moved to a smaller home in 2010, and I cut back on the fancy lifestyle. Although some would still call me “Mr. Fancy Pants”, my pants are not nearly as fancy as they once were. I used wisdom, and some regret, while downsizing my life during the recession. There were many things, like my racing career, that took a back seat. A lot changed, and in case you ever wondered, you are not alone if you saw some changes, too.

Even after those changes, I still have a fantastic life in many ways. I have a wife and three kids who give me great pride. I am better at my job than ever, and I feel very proud of what I do to help businesses grow their market.

It may seem absolutely silly to you, but something that got me to thinking about this is looking at my lawn as the seeds I recently planted begin to sprout and turn green. It was a matter of pride that inspired me to plant that new seed this spring. I decided that even in a smaller home, with a smaller yard, I still wanted to make my scaled-down piece of awesomeness a bit harder to leave when it comes time.

Yes, I actually did stand in my driveway this early morning, look back toward my home, and realize something very cool that I feel is worth telling you. As uncomfortable as it may sound, I’ll bet you have some seeds to plant as well.

My Questions to You:

This “lawn moment” of mine really made me wonder about you, and what you are doing, and how you feel. So, I have some questions for you, and I hope you are not too chicken to answer them … at least to yourself.

What has given you pride in your life or your business that has been neglected, and that you could resurrect?
What little things will you notice today which inspire you?
What “seeds” can you plant to help bring you closer to things you want?
What seeds are you planting today?

Yes, this is still a blog about marketing, so don’t get confused. If your answers to these questions have anything to do with growing your business, I want to remind you that the best time to sow a seed is long before you want the plant. Don’t let fear or lack of pride get between you and a greener lawn. Take pride in your work, and spread it with others around you. People really will notice, whether it is a boss, an employee, or a customer … when you have true and sincere pride, it will show.

Waiting for greener pastures, or looking over the fence at the neighbor’s grass will not help unless you are prepared to get started now!

That’s my marketing message for today. Just as I said in the title: “Make it Harder to Leave, But Increase the Odds That You Will”. I am doing that with my home today, just as I do with my business. I may soon leave here and move on to bigger and better things, but if I don’t make it a little harder to leave, and nicer to remember, then I am not doing all that I can!

Are you doing all that you can?

I hope that you will reflect on this with sincerity, and if you know somebody who can benefit from taking a better personal and/or business inventory, do them a favor and share it with them.

Photo Credit: Grass by Ian T. McFarland via Flickr

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Don’t Mix Business and Personal Relationships?

There is a mentality which some people and companies have about mixing personal and business relationships that paints an unfavorable picture of this combination. Mixing business and personal life has frequently been viewed as a mistake for businesspeople. The problem is that “businesspeople”, and even the term itself, implies something other than “people”.

Who do you do business with? If you encounter somebody in a given business setting who is less than personal toward you, do you look for somebody else who will appreciate your business more? I do, because I like to do business with people I like, and trust … and who like and/or respect me, too. An impersonal approach is personally appalling to me, and I think it fails at all levels.

Prices don’t get in the way, because if I don’t like somebody, I will walk away even if they are offering a huge discount. Even product quality takes a back seat to trust and comfort in my purchase decisions. The numbers show me that I am not alone with this, and that millions of people feel the same way.

A Fading Business Mentality of the 1900’s

A former mentality of the business world was that of huge separation between business and relationships. The prevailing thinking was that business is done in boardrooms or storefronts, and personal relationships happen someplace else, away from company turf. It failed, and it did so with such a force that it spread throughout the world.

This mentality is more apparent in business-to-consumer industries, but it has also strangled a lot of business-to-business industries. In either case, it simply doesn’t work well.

Why has it changed? It was not because of some miracle invention we call “social media“. It has changed because companies finally started realizing that they were doing it all wrong! Customers didn’t change. They have understood mixing business and friendship for thousands of years … since trading grains for meat, or gold for salt. It was the business world that strayed from good business practices.

Who Separated Business from Friendship?

A sizable part of the blame for separation of business and personal relationships can be attributed to changes in the advertising industry. As television and radio ads were new, companies found it extremely easy to buy people’s attention. It created a lot of brand recognition for some companies, and people soaked it all in while they waited for the show to return … “after these messages from our sponsors.”

Note: This is opinion mixed with observation and research, and you are welcome to rebut this.

It became commonplace to sit through commercials for everything from soup to nuts. Then, after some glory years, consumers fought back with tools like the Internet to find new things, DVRs to speed through commercials, email spam filters to squelch the noise, popup blockers to say “Shut Up”, and etcetera. We created and discovered choices, and then we realized huge empowerment.

Consumers gained more choices than ever, but with choices came hazards. Cons, crooks, deadbeats, and snake oil sales made a resurgence. The trusted brands were not our only options, and armed villains were not the only ones stealing our money.

Transitioning Away from a Bad Business Ideology

As business continues to transition back to people-focused and consumer-oriented thinking, the reliable and trustworthy choices have slowly narrowed. Now many consumers rely on those good old brands we remember (and trust just because we remember them), and the people who earn their reputation with us as friends, friends of friends, and etcetera. Yes, “word of mouth” marketing (including Facebook, Twitter, and etcetera) has grown in value at rates even faster than television, radio, print, and other one-way interruption marketing lost value.

This is not all fixed to perfection yet, but many companies have noticed the obvious shortcomings from separation of business and relationships. Those companies have adapted well to social media, and they already understand people’s motivations, and what makes them comfortable. Others still struggle with the fundamental basics of how and why people prefer to do business with people, rather than businesses.

So, I must ask, what do you see in your everyday life, as a consumer? What do you see within your own business dealings? Do you see it the same as a consumer as you do in your business? If you see a disparity, perhaps you are still using 1900’s style business ideology, and trying too hard to make a separation between business and relationships.

My Summary of Business and Personal Mixing

Some say “Don’t mix business and personal”, but I say “Don’t mix 1900’s ideology with 2000’s customer expectations!” Here is some of my personal/business experience. You can skip it if you like. Maybe I am wrong, but I also invite your input.

I met a woman (via social media) and we merged companies in 2000. She later became my wife and the mother of our three children. Now we own more companies. Prior to that, my business partnerships included many dear friends with whom I communicate frequently, and will attend my funeral (and even cry). In my earlier days, my business partners were my parents.

Sure, some things can go wrong with mixing business and personal relationships. That is usually because of two things … misdirected passion (but it is still passion) and lack of good communication. This does not mean it is acceptable to make a business into a faceless monster without personality, or to even diminish the mix of business and personal relationships in the least.

The good news is that when you have stronger relationships, you are far more likely to hear feedback from others … both positive and negative. Think of the potential benefits of that!

Many of my best clients are close friends, and I have always relied on the “old fashioned” approach of doing business as a person and not as a business. They may come to me as clients, but if we can’t have a good relationship, I would rather find different clients.

We work together, and we have fun together. I have been there to counsel them through death of spouses, treacherous divorces, emotional weddings, joyous graduations, and more. I have held countless parties to honor and celebrate my clients/friends. I have rented whole floors of large hotels, sent limousines, and done everything I can for and with these friends.

They are not my friends because I earned them millions of dollars, nor because they have paid me millions of dollars. Here is what I have discovered: Even when business is what introduces us, the business results from a relationship, and seldom if ever the other way around.

Photo Credit: Structo Cement Mixer by puuikibeach via Flickr

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They Pay for Awesomeness, and Nothing Less!

People ask me all the time, for ideas about how they can make their business better, stronger, and more profitable. They want to know what will convince more people to spend hard-earned money with their company.

I usually have some useful tips for them. I love to help, and I enjoy the look on their faces when they say “Why didn’t we ever think of that?” It is even more adorable when they call me to tell me that they implemented the tip and it is working for them.

It feels great to be helpful, and it keeps me sharp with new ideas. It is also why I write this blog, and why you see my direct phone line at the top of every blog post with the statement “I am always ready for a brainstorm. Call me at *REDACTED DUE TO AGING WEBSITE*.”

One of my best tips, in a single word, is “Awesomeness”. I will explain this, and how you can create greater awesomeness for your customers.

Being Helpful Grows Awesomeness!

I want to explain a principle that may seem scary to some people, but it is one which has served me very well in life, and in business. It requires patience and practice, but it has never failed me in the long-term. In order to explain it best, I will use my own experience. I could explain it in some fancy theoretical terms, but this comes from real life … my real everyday work.

It is my job to provide answers for improving companies and making them more marketable. I do a lot of my work free of charge. Well, at least I try very hard to blog about it in ways that people can use it. I’d call that work, so yes, I do a lot of my work for free.

Since I only work with a very small number of clients, and because a company has to be pretty serious about their marketing to hire my services, I make many efforts to help others without digging into their pockets. Don’t worry, it is not some kind of Jedi mind trick (video reference), and I am not selling something here. Being helpful gives me good karma, mojo, luck, or whatever you want to call it.

Being helpful is a principle that is used in abundance by successful companies, and successful people. You really don’t have to look around very hard to see this in action. It is a principle that is even more important when applied to the Internet, and I’ll tell you why. When it comes to Internet dealings, people have a very strong filter for noise. I wrote about this a while back, in an article titled “Will Your Social Media Noise Withstand 2011 Filtering?” They are also commonly very skeptical. There is a lot of “crap” on the Internet to overcome, as a consumer.

Many companies use blogs and other social media tools to be more helpful and interesting to their potential market. When they provide useful information, it brings attention to their brand. It is a means to express a company’s awesomeness and to put their helpfulness to work, and their company culture on the front line. There are many good reasons for companies to have a blog, in fact, I can offer you 10 really good reasons to blog.

I could stop right here, but I just told you this as a preface for the real point of this article. You can stop here, add your comments, tweet it, Facebook it, blog about it, and etcetera, but there is more! Yes, it is lengthy, but that is why there is a play button on my blog (at the top). If you don’t have time to read it, at least care enough about your business to push play and listen.

What Do They Pay For? That’s Right … Awesomeness!

The principle of being helpful is only one piece of success, but a huge piece that a lot of companies totally neglect. Somebody has to pay for all of that helpfulness, or the company would go broke. So, a lot of companies are left with a question of who will pay for that? Can you believe it? Companies actually treat it as a “dilemma” of whether it is a good idea for them to be helpful. This is why I find that even when they are helpful, they seldom make it to “awesome” status.

The reason I mentioned this principle of being helpful is because I want you to pay attention without thinking I am here to sell you something. Call it a bonus, and whatever you do, please try to implement that tip. Be helpful … It is for your own benefit!

Now I am going to tell you what people actually pay me for, and explain ways you can benefit from it without having to pay me. Come to think of it, this may not go just right, but I am pretty sure I am not obsolete quite yet. In any case, I want you to use this for your own gain.

This May Not Be Awesome, But it is Helpful!

As a marketing guy, a huge amount of my work is not focused on helping companies with the obvious marketing task of getting their name in front of more people. Does that sound strange? It probably sounds totally crazy to a lot of people. In fact, you may be wondering, “Where in the heck do you find these idiots who pay you, Murnahan?” Yes, I am paid by aliens from another planet … but they are very successful Zarkmobians from Planet Narburloid.

It is true, though, because a significant amount of my work involves making them more marketable. That means digging into who they are, as a company. They pay me to develop a strong understanding of who they are, and to uncover what makes them more like sex, bacon, and other things people love. My job is to get a solid grasp on their “awesomeness” by viewing the culture of the company from a unique perspective. With this, it is my responsibility to create their best marketing strategy.

You can get a better picture of your awesomeness by talking to people. Ask people you respect. Ask people you don’t respect. Ask people who buy from you. Ask people who don’t buy from you. Ask without a word, by researching your market, and uncovering the real forces that drive your market. Ask a lot of questions, and pay careful attention to the answers. This will help you to discover your best customers!

Discovering the Model Customer

Once I know a company’s best assets (their awesomeness), I can begin the research to build a perfect model of their customers. Knowing the right audience is extremely important, especially if you want a return on your marketing investment. I wrote about this a couple times recently, and I hope you read those articles. I will add some links below, but if you are not a subscriber, do it now … it is free. I will say it again, though … ask a lot of questions, and pay attention to the answers. Below are some links to help you with your customer modeling, but note that they will only help you if you use them!

How Does the Company Fit Into the Market?

After the ideal customer models are in place, I can accurately direct my clients as to how they fit into their marketplace. Then, I can also provide steps to better adapt to their market. This is when the real awesomeness is unleashed. It is completely different for every company, in every industry.

If you do not know your competition, you probably don’t know your market very well. You need to know your market before you can even begin to get ahead. If you learn the forces working against you, it will be a whole lot easier to overcome them.

Spend some time knowing your market, including your competition. Most companies do a terrible job of this, so it is like low hanging fruit for you. Pick it!

Producing Awesome is Not Easy!

Most companies simply cannot see their business clearly from a marketability standpoint, and it becomes their Achilles heel. This destroys many companies.

Even when they think they have a good grasp on their “awesomeness”, most companies do not express it very well. I have said a lot about good reasons to blog, and good uses for social media. None of it centers on the use of destructive interruption marketing.

The challenge here is to present your company in a way that it is appealing to the customer, based on what they want, instead of just what the company wants.

I return to the principle of being useful. Most companies, including your competitors, will not have the required patience to be useful and give their customers a reason to buy from them. Many will just hope to flash a sale price and scream their selling message, but only a relatively few will put aside the selling enough to understand what will inspire buying.

Most companies (yes, most) will choose to skip the important research. It is not easy work, and it bores a lot of people to tears. It becomes too much hassle to actually build their understanding of the customer. For a lot of people, it would be cruel and unusual punishment just to finish reading this article, not to mention actually implementing the suggestions.

Here is where the punishment really pays off: If you understand your customers’ motivations to buy, and address it properly, they will tell each other. Your job becomes a lot easier.

Delivering Awesomeness to The People

Once the marketability factors are perfectly in place, it is a whole lot easier to deliver it to the people. Delivering something marketable to the people is simple! Have you seen how many amazing tools there are for delivering a good message to people? Just think of the first ones that come to mind. Facebook, Twitter, YouTube, Google, blogs … and the list goes on.

You want some awesome? Check this out! Here is some unsuspecting awesomeness for you. They didn’t seem all that amazing to me at first, but you would probably never believe me if I told you how many times these made my phone ring. These are just a couple of many examples, but the articles below make a good point.

How To Become Popular on Twitter Without Actually Being Useful

Social Media and The Absurdity of Implied Reciprocity

So you must be asking, “How did these make the phone ring?” It was because those little pieces of awesomeness made people think. They made people laugh. They compelled people to share them with others, and they created a squillion new links to my blog. Bonus Points: They were also extremely relevant to my industry.

Those links enhance my SEO (search engine optimization), and reflect credibility to search engines by showing popularity. That credibility helps everything else I write about to rank higher in search engines. That is how SEO works! This matters far more than the mechanical approach to SEO. The trick is to be awesome as often as possible, or at least as a high percentage of your efforts.

Are you getting it yet? A little bit of awesome carries a long way. I don’t make “awesome” happen every time, and you will not either. I know when it is needed, how to do it, and why it matters. That comes with practice, so start practicing!

How much more can I say? I gave you a lot of good links within this article, and I did not include a single one to waste your time. I just gave you tools to learn and implement excellent marketing. I hope I have encouraged you to take the same approach of researching your market and to provide value to your potential customers.

I suggest that you give in order to receive. As an example that I mean what I say, I am giving $5,000 just to receive an introduction to somebody interested in paying for my services. That pretty well covers the “awesome” and the “helpful” in my book.

Of course, companies pay me for a lot more than what I included here. If you have the time to exercise your patience, and put some practice to use, you will find a whole lot more free assistance in my blog archive. I do it to be useful, and that works for me. I believe it will work for you as well.

I will allow you this moment to practice being helpful and awesome. This is your chance to add your helpful comment, and share how you apply these principles, or how you feel you could do better. If you want to get outrageously helpful, give this a tweet, a Facebook like, a stumble, a digg, or whatever it is that you do to share helpful things with others.

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Target Your Marketing and Love Your Customers Again

Do you sell something that has a potential market of “everyone”? Maybe you sell widgets, doodads, or gadgets that everybody in their right mind should own. If you treat your marketing that way, you are probably pretty frustrated.

I learned this the hard way, many years ago, by thinking that “everybody” was my target market. I remember when I sought out my market with thoughts like “Who wouldn’t buy my stuff? They must be crazy if they don’t buy!” Then I parked my bicycle and quit my paper route.

I learned what it meant to target my marketing. I stopped wasting time and money trying to reach everybody with a good reason to buy my stuff. The result was that I sold a lot more stuff.

When I stopped viewing everybody as a potential customer, I also stopped seeing them all as the “deadbeats” who wore me down and just wouldn’t buy. I started loving them more each day, and it turned out that my business grew massively.

Carefully conceived targeted marketing is a huge factor of success in a business. I don’t just mean targeting your market for every customer who will buy, either. I mean targeting your market for the customers you want, and who will help your business to grow.

I want to help you to avoid this common oversight, because it is in the top five most costly business errors. It runs close behind killing a hooker (and getting caught), or naming your child Bernie Madoff.

If you try to market something by believing your ideal target market is “everybody”, it is like hunting elephants in a termite mound. You will find a lot of termites there, but very few elephants. Many people only believe this after a “less-than-ideal” profit and loss statement proves it to them.

Marketing to Morons, Idiots, and Fools

Sure, I still think that most people are just totally insane if they don’t write me a check, give me their credit card, or provide me the passwords to their massive offshore bank account. They should at least send me a box of cigars and a bottle of Bourbon to butter me up. I mean, after all, I know it is mathematically factual that I sell something which returns more money than its cost. What kind of moron can’t see that?

Let me tell you something you you probably already know. There are a whole bunch of crazy, “idiots, morons, and fools” out there who will not buy what you sell. Even if you are selling the cure for cancer, free money, or a magical 24 hour orgasm, it will not sell itself. It will also not sell to “everybody”. Marketing to “everybody” as a prospective buyer would not even be a wise marketing approach if Coca Cola, McDonald’s, and Microsoft merged.

When you consider it closely, maybe they are not all such idiots, morons and fools. Instead, maybe it is your lack of targeted marketing, using data-driven customer modeling and calculated market segmentation.

Targeted marketing is exactly why I don’t write this blog for idiots, morons, and fools. I write it for people like you, who will appreciate good marketing ideas, pass them along to others, and add to the conversation with your comments. Actually, I don’t rely on the blog comments so much, because my target audience is pretty shy, but they do share a lot.

Target Market Segmentation Challenge

My challenge to you is to take the time and effort to segment your market more carefully. Start thinking in terms of demographics, psychographics, geographics, and who your best customers really are. What spins their fan, and what can you do to make your brand more like sex, bacon, and other things they love? Where will you reach them, and what will inspire them? Use what you know, expand what you know, and get creative with your marketing.

Targeted marketing seems very foreign to many people, but the good news is that this includes your competition. Just like everybody is not a customer, everybody is not a marketing genius either. Understanding a market requires marketing talent, which comes with practice, accurate data, and the right set of marketing tools. Unless you are willing to hire a professional, you will need to practice, and practice a lot.

I think of it like a trip to the gun range. Sure, I like to bring a lot of ammunition, but it is even more important to use the right gun, and learn how to aim it well. A sniper rifle is best, but many people fear that level of commitment to their marketing. So it is best to at least learn how to aim what you have.

A Lot of Ammunition is Good, But Sharper Aim is Better!

Practice Targeting Your Market

Maybe you believed that optimizing your marketing reach would be easy in the beginning, but you surely know better by now. Look at your market penetration and consider these questions:

Are getting all you can (or at least all you want)?
Are you getting huge buyout offers?
Are you expanding your company at astonishing rates that would make Facebook founder Mark Zuckerberg blush?

If your answers are “no”, then you need more practice to hone your skills. It will not kill you, and in the off chance it does, it was nice knowing you. If you are not afraid of dying, keep reading for thoughtful encouragement.

Practice your creative thinking. Practice your analytical thinking. Figure out who wants what you have, and what they will respond to favorably. Don’t try to reach them all. I know that it is hard to overlook all of those potential customers, but you will reach a whole lot more of them if your marketing is targeted appropriately.

If growing your business really matters to you, be ready to lose some sleep for it. Perfect customer modeling takes a lot of marketing talent and creativity. These are things you can improve, with enough effort.

Back to the gun analogy: You can make a lot of noise and scatter a lot of lead with a 12 gauge shotgun. It is particularly good for scaring your customers away, but not very good for hitting them in the heart, where you want your brand to penetrate. When you hit your market in the heart, you will find a lot more love flowing in both directions.

Shotgun Marketing Scares More Birds Away

If you don’t have the time or skill to become a true marksman, it is best to either rework your schedule to develop your abilities, or find a good hired gun.

I will part with some articles related to targeted marketing. There are more in my blog archive, and more yet to come. Check them out and subscribe for more bits of marketing brain food coming soon.

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