marketing success Archives by Mark Murnahan

What 40 Years Have Taught Me About Marketing

I turned forty today. I’m happy about it, too. It doesn’t really feel like forty quite yet, but I’ve done it! I have lived long enough to have some well-earned gray hair, and a good amount of wisdom that comes with it. For such a young guy, of course.

My forty years have come with a lot of lessons. Having spent well over half of those years as a marketing professional and business owner, I’ve learned a lot about marketing. I’ve shared large volumes of my experiences here on the Internet, and I feel great to say that I’ve helped a lot of people with that experience.

One of the things I learned about marketing is the value of brevity. Keep it short. Keep it easy. Don’t get too confusing with all of your wordiness. I learned it, and then I threw it out the window for the purpose of this blog. Brevity matters when you are selling something, but I am not. If you can embrace some blatant verbosity today, I’ll reward you with some valuable real life marketing lessons.

Did you get that? It’s my birthday, but I’m trying to give you a gift. I guess that’s lesson one. When you give more, you receive more, and it’s an important principle of marketing. It’s a principle that is far beyond most people’s patience threshold, but to the ones who get it, it is invaluable.

I’ve shared a lot of helpful principles and practices of marketing on this blog. Much of it comes directly from things I learned through decades in the marketing profession. I feel good about that, and I know I’ve made an impact. I’ve helped a lot of people reach their goals, both business and personal. I plan to continue that work, but in a different way.

The Announcement That Changed My Life: Sayonara Mediocrity

At forty years old, I decided it is time to change things up. I intended to be fully retired by now, and a few years ago, I was actually well-prepared for it. I had plans to race cars full time, and my work was going to focus only on things I love. My bank is not as big as it used to be after somebody screwed up the world’s economy, so I’m still working. That should not keep me from pursuing the work I love, so I’m doing it … I’m making one of those scary changes I’ve encouraged so many others to make.

As I announced a few weeks ago, I stopped taking new clients (of course, that is unless somebody with really big goals and a ginormous budget comes calling). It’s very liberating. Now I feel even more free than ever if I need to call somebody out for being an apathetic bonehead. I’m also inspired to believe that if I tell you something, you’ll feel confident there is not an underhanded agenda just to sucker you out of your hard-earned money.

A challenging fact of marketing is that the best marketing consultants will never receive as much benefit as the client. It’s why many independent marketing consultants have their own products or services to market, outside of the marketing industry. The best marketers know that marketing is an investment rather than wasted money, and that if they build their own business, they will always be paid far more than by boosting a client’s return on investment.

Sometimes clients will find themselves skeptical about who receives the greatest benefits, but it is the client and not the marketing consultant. I explained this in an article titled “Find Good SEO: Why Good SEO Don’t Seek Your Business“. Being regularly at odds with that inherent negativity and skepticism in the market is why I’m changing things up and creating some significant career moves. No, it’s not because I’m not good at it … I’m just ready to move on to something more positive and inspiring.

Today, more than ever, I hope you will listen up and take some good direction. Give this gritty old marketing guy a chance to help shape your perceptions and understanding of marketing. I serve some pretty good food for thought about marketing, and many easily actionable tasks that you can put to use in minutes. In fact, here are six ways to improve search engine ranking in under one hour. There’s one caveat: they are only useful if you use them.

I have no reason nor desire to lie to you or mislead you, and I cannot recall a time when I intentionally misled anybody about marketing. So slow down and stop worrying about the next thing to click.

Velocity is Great in a Market, But Sometimes You Must Slow Down

Rushing around the Internet looking for the next bit of marketing enlightenment is not where you really want to find yourself in another 15 minutes or half hour … or three months … or next year. That’s what everybody else is doing, and if you think searching the web and looking for the next bottle to rub and hoping a genie will pop out is a better option, you’re likely to get pretty average results.

Settle down and look for the greater benefits. A mathematical fact of the online marketing space is that an average result is abysmal. It’s true! Most companies really stink at reaching an online market, and never get much out of it. I find that it is very often because they don’t slow down – breathe – get some oxygen in their brains and pay attention. They don’t pay attention to their market, and they don’t pay attention to things that can help them to reach their market more effectively. They are often all mouth and no ears, and rushing too hard to get things right that they get it all wrong. That’s them, and I hope you will make the choice to not be one of them.

Honesty in Marketing: It’s Not All Evil!

Marketing is often viewed with a sizable dose of skepticism. If somebody will gain from it, there is a frequent perception that somebody also loses. It’s not true, but this skeptical belief often hurts people in their own marketing, based on how they view marketing as a whole. If I am introduced to something as a result of marketing, and I trade my money because I wanted it, did somebody automatically lose? I got the thing I wanted, and the company marketing to me got what they wanted.

Yes, there are a lot of dirty scoundrels who will lie to you about marketing, but in the big picture, dishonest companies just don’t make it very long. It reminds me of a principle I implemented to create one of my most successful business endeavors, and it was a single word. It came to me when I asked my wife and business partner to summarize what made us stand out from the crowd, and what made us better than the competition. She said “It’s easy, Mark. It all comes down to a single word … Integrity.” That moment will never leave me, and it has provided me a great amount of success.

Marketing Wisdom: It Only Appears Simple

Even today it feels strange and almost surreal to say that I’ve been in marketing for 25 years … but I have. I was raised into marketing, and I was sitting in boardrooms offering my opinions from the time I was a teenager. I started my first company when I was so young that my mother had to sign the legal papers … for years.

It took a long time to make good sense of it all, in business. In fact, I still utterly stink at some points in business, but the part I do understand is marketing. I know from many years of running successful (and some not so successful) businesses that marketing will make or break a company. They don’t make it easy to understand, either. Even in the best universities, they often talk about a lot of theories and concepts, but where the fork meets the food, it takes some stomach-churning hard work to see real success. I know, because I’ve done that, and if you ask me, or any of my peers who have earned anything more than six-digits per year, you will find very few of them who came by it with simplicity.

Stop buying into people’s notions that it is simple. If it was really so simple, it probably wouldn’t be very profitable.

TAM, SAM, SOM, ROI, SEO, SMM, and PECKERs

There are enough acronyms and industry buzz phrases to bring my lunch back to the top of my throat. Some of those acronyms really matter, such as TAM (Total Available Market), SAM (Served Available Market), SOM (Serviceable Obtainable Market), ROI (Return On Investment), and many others. These matter in huge ways, but they are very frequently misunderstood or overlooked because of shortsightedness, which often comes from a frightened accountant who knows little about marketing or how the company actually gets the money to pay their salary.

In small businesses, it is often because, although the person in charge was good enough in their field to start a company, they were not good enough at business to understand that being good at a trade does not mean being good in business. Being good in business means knowing where your weaknesses are, and knowing how to fill those gaps with people who are as good or better at their field of knowledge than you. That’s right, the best business leaders learn to effectively delegate what is out of their league. It’s why I don’t handle my own bookkeeping, and why people in other trades are usually let down when they try their hand at marketing.

Other marketing acronyms are beaten to death, like SEO (search engine optimization) and SMM (social media marketing). These buzz phrases are so popular these days that dishonest people use them to fool companies. In online marketing, they talk about building more website links, but they throw out good ideas of why somebody would actually want to link to their website … and they often hold the absurd notion that more links is always a good thing. The really misinformed marketers will lead you to believe that social media marketing is all about networking and socializing.

This kind of shortsighted and misinformed thinking is why I created my very own acronym for 2012, and I welcome you to read why I’m very proud to call myself a “PECKER” (Profit Engineer and Competition Killer with Extraordinary Resources).

Advertising is Only a Very Small Part of Marketing

I find that a lot of people imagine marketing to mean advertising what they offer for sale. This is only a small part of what makes up marketing. Marketing addresses many other things, including a whole lot of math, creativity, strategy, and so much more. An easy example is to look at anything you have for sale, and answer the question of why you priced it at the level you have. Is it because of its cost to produce? Did you leave it up to the competition to decide your price? Did you ever actually do the research to know what it’s worth – and not just that – to the right audience? Did you get that research just right, or is it really so impossible that you made some costly mistakes by using guesswork instead of basing it on the right factors?

The ways that marketing influences a business are far too numerous to list in a single blog. I hope you’ll think about some of those things you may have overlooked. I welcome you to my blog archive to help get the wheels turning. There are hundreds of articles there, and I think you’ll find them very useful if you slow down.

Throw Out Your Sandwich and Make a New One

I hear a lot of people regurgitating the last thing they heard or read about marketing, and how fresh the latest idea is. I guess maybe it was fresh sometime before it hit a squillion blogs, but now it’s like a day-old tuna sandwich sitting out in the sun.

Great marketing is seldom a matter of seeking the latest and greatest thing. Following trends is important, but following them too closely that you follow the mistakes is often a train wreck in the making. The things that work are not just following what everybody else fervently exclaims will work. Great marketing requires research, testing, and discovering what works – really works – for your company, and being the one all of those trend-talkers are talking about. It is not about tweeting, Facebooking, Flabunctuating … or whatever the next big trend is.

I’ve written volumes about social media, including hundreds of thousands of words, and even a book. I marvel at how many people think it is something new. Did you think social media is new? It’s how I met my wife, well over a decade ago … and many close friends years before that. Social media helped me to grow several of my companies quite abundantly, too, but social media is not a unicorn net or a leprechaun trap.

One of its greatest uses is to listen and learn about what makes your market tick … and then use that information. Many people are too short-sighted to take things to a new level of analysis, and understand what to do with a good analysis. Most are unwilling or unable to dig deep into their creativity and find ways to make their brand stick out like a sexy model passing out free bacon sandwiches and all expense paid trips to “Available-Sexy-Model-and-Free-Bacon-Sandwichville”.

I witness many scared companies making scared decisions, but I’ve watched a lot more scared companies fail than I care to count … and that’s because they don’t count. The ones that count are the ones willing and fearless enough to do what it takes to be more like you want your company to be. Not like the bottle-rubbing, instant-enlightenment-seeking, one shot wonder at the competitor down the street – like you – or at least your vision of you. So stop being scared! Go out on a limb. That’s how people succeed in the real world of business.

Fear of Failure Destroys Marketing Efforts

I know the extreme power of fear. I have witnessed it throughout my career, and I’ve even allowed myself to be a casualty of fear at times. There is nothing easy about making the kind of commitment it requires to be successful. This goes for anything you really want in your life, whether it’s a spouse, a family, a new home, a new car, or an improved bottom line in your business. It takes a leap, but it doesn’t have to be simply on faith.

If you think about your marketing as a foundation of your company, which it really is, you will find yourself on a much stronger path. I know, it’s easy to try and argue the point. The accountants think accounting is the foundation, the attorneys think the legal structure makes the foundation, and the people who created the company think it’s all about the product or service … but that’s really not true.

Businesses simply do not work without being marketed. Even in the most obscure and complex examples you can throw out there, the biggest factor between success and failure of two equal companies really does come down to how well they are marketed.

I Believe You Could Do Better With Your Marketing

How could I put this any more clearly? You can do better! Failure to control your fear impulses and continuing to worry about what will not work is a fast track to failure. Try thinking more along the lines of what you stand to gain, instead of cowering to the fear of what you stand to lose. Then consider what you continue to lose effortlessly because you’re waiting. There is a steep cost of missed business opportunities. In fact, it is often the worst scenario of all. Getting out of your easy chair to face your fears is a huge factor in success, and I know it from experience.

I turned ideas into millions of dollars within only a short time after completing my 8th grade education. It didn’t take an MBA, or however you spell those fancy degrees hanging on the “smart guy’s” wall. It took research, creativity, and a good supplier of balls. I said balls, and you can call me a bad marketer for that … but if you want to know about selling balls – or selling anything else – read this article to get your thinking up and bouncing: “SEO, Social Media, and Marketing Balls”

Stop worrying about the cost of marketing done right, and start focusing on the positive outcome if you do. There are plenty of chickens out there, and I hope you aren’t one of them … and if you are, I hope you’ll make a commitment to change it.

Some Personal Lessons I Learned About Marketing

When I consider why I advocate for people to take their marketing more seriously and stop waiting for “something” to change, I look inward at how it has changed my life. I imagine the things that would never have happened without marketing, and I’ll give you a glimpse.

I dropped out of school at age 15 to start my first company. That could have gone quite miserably without good marketing.
I retired (the first time) at age 25. Without good marketing and having guts, that would have sucked for the average 15 year old dropout.
I met my wife in 2000 by using good marketing skills … online … with social media. Without that, I would not have the three wonderful kids I enjoy so much today.
I learned to competitively control automobiles at over 170 miles per hour (270+ KPH). It took a lot of marketing to own a race team. It is what I wanted, and because of good marketing, I made it happen.
I learned that making everybody happy is not required. Making the right ones happy is a whole lot more productive.
I learned that without climbing out on a limb and having the courage to embrace the immense value of marketing, I would have very few of the things that bring me joy and sustenance today.
I learned that sharing what I know feels very good, but even better when people will use it to improve their own lives.
I learned a whole lot more, but that’s why I have an archive, and that’s why this blog is not finished yet. Please subscribe if you want to keep learning with me.

I have no intention of explaining all that I have learned about marketing in a single blog article. That would be impossible. I hope that you will be willing to take a good look and accept some useful tips from a guy who has been around the block. I hope you will bookmark my blog archive and keep coming back to feed your brain with some useful marketing advice. I also hope you will subscribe for more to come soon. Don’t miss the point that it will make a lot more difference to your business than it will mine.

I also welcome you to get to know me. I’m a very approachable guy who loves the field of marketing, and I’m always delighted to be helpful.

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Face it Marketing Professional, You’re a Commodity!

If you’re in the field of marketing, get over yourself. You’re a commodity. At least that is the way a lot of people will see it, even if you actually are as awesome as you say you are.

Looking at marketing as a commodity is something people can understand. That’s because if they see it as all the same, it just comes down to the dollar amount, and that is what feels the safest for most people.

As it applies to the majority of people buying marketing services, the dollars which are easiest to concentrate on are the dollars going out, but without adequate forethought or examination of the incoming dollars the marketing produces.

It seems that a lot of people think of it like throwing those dollars to the wind and hoping some of them will float back.

That’s not the way it works when marketing is done well, but it is the easier way to digest. In the real world of business, marketing should be based on qualified mathematics, demographics, psychographics, and other principles of qualified market research and forecasting, but that is enough to make most people’s head explode. That kind of marketing comes with an investment and a commitment beyond commodity-style thinking about marketing. Many people confuse that as a risk, while the real risk is when marketing is based on guesswork and crossing fingers.

Here is perhaps the biggest problem about marketing: The number of dollars spent becomes the easiest measure. It is counterproductive when people look at it this way, but it is a true depiction of the current market of marketing … especially online.

I’ll describe how the trend of “commoditized marketing” goes completely wrong. I hope you’ll take some qualified advice from somebody who has been around the block, and no longer wants to accept your money. In fact, this is my formal announcement that I Quit.

I have made my 2012 New Year’s resolution, and that is to stop offering marketing services for hire. I’ll give you some good advice and try to help you, though. The only things I would like to ask from you are your friendly wishes on my new career path away from providing marketing services for hire, and maybe a little discussion.

What Do You Want to Do With Your Life?

I believe that everybody should periodically ask themselves the question: “What do you want to do with your life?” That’s a tricky one, isn’t it? At least it is for me.

I’ve been asking myself this question a lot recently, and I’m seeing some things with much greater clarity. It’s still a bit blurry to me, but one thing is clear … I absolutely do not want to sell marketing services.

I finally reached the conclusion that selling marketing services for hire is a twisted soul-sucking racket filled with liars, and it has led me to ask this very important question of what I want to do with my life … and why I keep letting people suck me back into building their success while neglecting my own.

Knowing the answer to what you want to do with your life is vital to professional and personal growth, and it’s why my career is about to take a sharp turn, which I’ll announce one day soon.

The big life question I’ve addressed here was perhaps most famously asked in the 1984 music video “I Wanna Rock” by Twisted Sister. For your amusement, I’ll share that piece with you as you contemplate your answer.

I guess you could call it my mid-life crisis that brought me to this point. After all, I am about to turn 40 years old, my beard is going gray, my belly is getting bigger, and my job is sucking the life out of me. I’ve done most of the things I ever wanted to do. I’ve raced cars, authored books, been a CEO, earned squillions, retired, un-retired, and even created a family complete with three kids and a wife, but now I largely hate this job. As much as I love the work I do, dealing with a public who really want to believe that marketing is a commodity sucks a little more soul out of me every day.

I’m simply not willing to participate in the “marketing as a commodity” mentality, and I honestly hate to even watch it from a distance. I’ve got better things to do than demean myself by taking peanuts for my skills and dealing with clients who don’t have a clue how much I am worth to them if they get out of their own way. Nosiree, Bob, that’s not my bailiwick … not in the least!

I previously promised myself to quit the addiction of accepting marketing clients by mid-2011, but as the end of 2011 draws near, I plan to stick to my guns. I’m not going to play along with the absurdity of “commoditized marketing” any longer, but I’ll tell you some good reasons for my decision, and leave you with some keys to help make more people flock to you like a free bacon sandwich covered in sex appeal.

While I take this turn away from selling the services of marketing, I’ll give you some indications of where this mentality is taking companies.

“Flat Broke” is Popular in Business!

Many companies are flat broke these days. Being broke is very a popular trend in business, but in most cases, they have a competitor that is raking in the profits. Decades ago, I made it a career objective to help people understand some of the reasons this is the case.

Helping companies to create success has always been very inspiring to me, but it also comes with a lot of challenges. Now, more than ever, I see a lot of companies making bad decisions about their marketing, and I see a lot of fear.

Why did it get this way? I have my ideas on the matter, and I’ll start with this: Marketers got lazy, and while they did, people’s confusion of marketing being a commodity was booming right along with the Internet. Fueled by that confusion, the barrier of entry to a marketing career was lowered to the level that any intern can pretend to be the equivalent to a Chief Marketing Officer or Marketing Director without being called out as an obvious fraud by the general public.

That’s for the fakes and liars, but as the frauds became more believable, the true marketing professionals with an ounce of integrity still faced the same old challenges.

The Challenges of Marketing Professionals

It has always been a challenge of marketing professionals to help people understand marketing concepts like customer modeling, targeting a market, and many other components to effective marketing.

Most people really don’t need or want to fully understand these things, and trying to explain it can often bore them to tears. So it is fitting that the client often just assumes these are things the marketer is using to confuse more money out of them.

A much tougher concept to explain is that marketing is not a cost, but rather an investment. This one stumps many good marketers, because companies either “get it” or they don’t. In my experience, most companies only understand their market very fractionally, and doing what it takes to achieve their potential scares them.

Other companies are complacent, and they are certainly beyond help. You can give some people case study after case study of successful marketing campaigns, and you can explain that it is the difference between growing a company or shrinking it, but if they refuse to help themselves, you cannot force it on them.

These things have never changed, but one thing that has become clearer is that marketing is increasingly viewed as a commodity.

Commodity: “used to describe a class of goods for which there is demand, but which is supplied without qualitative differentiation across a market. A commodity has full or partial fungibility; that is, the market treats it as equivalent or nearly so no matter who produces it.”

Source: Wikipedia

I’ve provided marketing services to clients for a very long time. I’ve watched marketing change dramatically since my start in the 1980’s. I watched it change from small companies trying to chase unicorns with $1,000,000 catalog mailers and newspaper ads, to chasing unicorns with $300 ecommerce websites and marginal blogging efforts. More recently, I watched it change into the popular notion that hiring an intern to send tweets and update the company Facebook status is what marketing is all about.

It seems that an astonishing number of companies have been falsely convinced that social media marketing is just about socializing, and that search engine rankings are a function of technology. They’ve also been convinced that it is easy to be successful online and that if they keep doing what they’re doing, success will just magically come to them one lucky day.

Great Marketing Professionals Don’t Need to Lie!

I often find that marketers lean in one of two different directions: There are marketers who are great at selling marketing services but stink at actually performing them, and then there are marketers who are just great at performing marketing services, but stink at selling it. I am the latter of the two.

Something you should know is that good marketers don’t need to lie, and don’t like to sell.

An analogy I think is kind of funny is that I rank quite nicely if you search for “how to sell SEO” (search engine optimization), but I am absolutely terrible at selling SEO. In fact, if you google “SEO hell“, that’s where you’ll find me.

A point I want to drive home for people is that if you’re talking to the right marketers about marketing services, there is not a sneaky agenda up their sleeve. The good ones are hard to find, and most of the best ones are not seeking your business. There are good reasons, too. They can earn far more money building their own company than by building yours.

From my experience, I’d suggest seeking the the ones with the highest prices and finding out why their rates are so high. That’s what I do when I’m looking for marketing help, because I understand that this is not a commodity … I accept it, and I embrace it.

I look for the ones who are doing it for the right reasons, and who made success for themselves and others. Then I make them prove it, and if they can, they’re in!

There are more than enough “Johnny Come Lately” marketers out there, so you have to be diligent. Watch this video to see my take on them, or read “Bashing SEO and Social Media Experts: Humor or Hazard?” to see real life examples of it. Without their proof, you’re just guessing, and good marketing is not about guesswork!

$300 Unicorn Ride to Planet Success

I can show you a metric squillion instances of people seeking unrealistic profit from minimal commitment. It has become so convincing that some people will try almost anything, as long as it’s cheap.

What went completely wrong for me is that I am one of those marketing marketers, and not one of the selling ones I mentioned. I’ve had sales reps to handle sales for me, but most of them have been just as confused and in the dark about the value of good marketing as the general public. Besides, you just can’t train somebody to overcome apathy … people either want more, or they don’t.

I am entirely unwilling to let people pay me to deliver them mediocre results. That is my curse, and my Achilles heel. I just cannot see letting people believe something is going to help them unless it is actually going to help them.

I’m not willing to start offering $300 unicorn rides to planet success, and as long as people see marketing as a commodity, somebody else always will. I thought about stooping to the cheap side of marketing, but my integrity always gets in the way.

I hope that you can believe my words more than ever by knowing that I’m out of the consulting business, and I’ll turn you down when you come waving a wad of money in my face. Well … I guess it depends on the wad, but it let’s just say that it would take a signed letter of commitment and a lot of money before we sit down for lunch to talk about changing my mind. Plus, I’d have to really like your brand.

Farewell to the Mediocrity of Commoditized Marketing

If you are one of my many readers who makes it to the very end of my articles, I hope you will at least give me a good send-off with a “hello” or something to let me know you’ve been reading. I hope you will know that I really feel the words I write, and that this is not an easy step. I also hope that you will look forward to hearing more from me, because I have many working drafts for articles to come.

To those knuckleheads who were just lurking around, waiting and thinking about contacting me to help them grow their business: You waited too long. I would have worked a lot harder and could have achieved a lot more for your business than you gave me credit. On a positive note, there’s probably a 15 year old kid in Pakistan who will do the same thing for fourteen bucks. Yeah, it’s probably the same. 😉

I hope that my work (including my books) has, and will continue to help you move forward in your business and personal desires. I sincerely believe that my integrity is fully intact and I have never been misleading in this blog. I know there is a lot of benefit for those who continue to read my archives … and my tales of what’s to come.

Now I’d really appreciate hearing from you. Please take a moment to add your comments and help me create a discussion of what you’ve just read. It means a lot to me.

Photo Credit:
I’m A Human Being NOT A Commodity by Kenny Sun via Flickr

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Hard Lessons I Learned About Marketing and Success

Some people say that you can learn a lot from successful people. I think it is largely true, too. It makes more sense to learn from somebody who has been successful than to learn from somebody who has not. At the same time, one thing that becomes very valuable is to learn from the mistakes they made, and use those things to avoid repeating their mistakes.

Some would say that I took a bit of an uncommon direction to learning about marketing. I dropped out of school about 25 years ago at age 15, regularly held 2-3 jobs as I built my first few companies, and nearly worked myself to death by the time I was 25. It sounds glamorous, doesn’t it?

My career path would certainly not be comfortable for most people, and I would never encourage it for my own children or anybody else I care about, but it worked for me. I learned my way through it the hard way. I read a lot of books, and I studied a lot of concepts from successful people. They were often people I knew first hand, and there were many instances when I should have listened more carefully. Since I was stubborn, I still had to learn some things the hard way, by making my own mistakes.

Lesson one: Don’t be stubborn! There really are people who know more than you about a given topic.

OK, I’ll admit, my path to learning was not totally awful, and there were a few benefits along the way. I earned more money by the end of those ten years between 15 and 25 than most people will in a whole lifetime. I retired for a few years, and it mostly seemed worth it. Yes, indeed … I had become one of those successful people like the ones I worked so hard to learn from.

Some of the greatest benefits I received were the marketing lessons I learned. Those tough lessons about marketing taught me how to bounce back from nearly any business calamity. That is because if you can market something, you can sell something, and if you can sell something you can earn profit, and let’s be honest … the majority of things that can go wrong in business can be improved with more money.

I want to share some of what I learned with you. I’ll offer a glimpse of my early years in business, and some valuable lessons it taught me about marketing. I hope it will save you some of the frustration of my mistakes. At the same time, it may scare you to imagine what it really takes to build success in a business. It is not for everybody … “average” is for everybody.

If The Doors Aren’t Swinging, The Cash Register is Silent

In my early days of business ownership, nearly 25 years ago, it was pretty easy to recognize that my business was much better when the doors were swinging open, or the telephone was ringing. Without enough customers, I wasn’t selling enough, and selling something was how my company generated revenue … money … profit. You know, the stuff that sets the difference between a hobby and a business.

I needed to attract customers, and I knew it would take some pretty clever marketing to keep my company moving forward. Without marketing, even the best companies fail. I had seen such failure in other companies, so I knew I needed to get that part right.

Of course, marketing comes in many forms, and it involves many aspects of a business. It includes product assessment, pricing, merchandising, public relations, and more. Focusing on just one area of marketing is short-sighted, and leads to a lot of waste. What I knew for sure was that if I didn’t do something and do it right, I would never grow the company into anything sustainable. First things first, I needed to generate some money to make the whole thing work.

Sales reps were not worth a garage sale necktie to me if I didn’t have the right product offering. So, I worked on our offerings to be sure they were better than the competition. The sales reps were also no good to me if I could not legitimately define why the offerings were the best option in the market for our given customers. That meant I needed some product research. That’s when I realized the product research and the customers had to match up just right. It would not matter how awesome the offering was, or how well we could merchandise it, if we did not understand who would benefit from it the most, and would have a greater propensity to respond to our efforts. That’s right … “everybody” is not a target market.

I researched like mad to put all the pieces together. I got the products just right, the pricing was attractive, and I ran great ads to get bodies through the door, but then I figured out that there were good customers, and then there were great customers. I needed to determine how to get the right customers through the door. When I learned how to do that, our profits grew like mad. With all that research to my advantage, advertising cost went down because it became more effective.

You see, it took a lot of little pieces to be put in their proper place in order to grow. It took a lot of very time-consuming and often high-investment efforts to create success.

Putting all those little pieces in the right order and in their rightful place is even more important now than ever, in the digital world. The competition is broader, the offerings are sharper, and getting people to a website is not at all the same as getting the right people to a website. Once you get them there, you will need very compelling reasons they will want to do business with you. My early experiences really helped me to understand this.

Here comes a lesson that came really hard for me, but it makes a huge impact once you get it right.

Who You Are is Not a Microcosm of Your Market!

You are not the same as your customers and potential customers. You may try to be like them, you may try to speak their language, and you may even be part of a very similar demographic, but the truth is that they are different. We each want to believe those warm and friendly lines like “people are not so different after all” … but they are!

It is very challenging to try and understand your perfect market segment, and how to reach them with the right message. It is a bit unnatural, because it requires thinking in a way that is not your usual way of thinking. They are the customer, and they will always have their own perspective, their own experiences, their own mindset … and you will have yours.

During my earliest days in business, I remember a constant nagging question of “Who are these people?” I’ve got to say that as much as I tried, I couldn’t wrap my mind around it. I understood them in concept and in statistics, but I still could not relate to their ways of thinking. Fortunately, I didn’t need to nor want to become more like them. It is true but misunderstood that you do not have to “become your customer” to provide their best option … but you will need to know a lot about them. I was selling very expensive things to very egotistical people. I knew exactly why they would buy, and I knew that it was all about stroking their ego.

What I couldn’t grasp was why they were so willing to endure all of that opportunity cost just to splurge on luxury items. They were buying things that I felt I could never afford. The crazy part was that I would constantly find that my customers were actually earning only a fraction of what I was.

The big separation for me was that I was in a different stage of my life, and in a different mind capsule of my own. I believed in taking every dollar I earned to further build my businesses, and buying showy things just didn’t fit into my model (until much later).

There are many things which can separate us from the mindset of our customers, and it is usually not a simple task to figure it out. In my case, it became my most monumental career objective to understand the gaps between customer and seller perspectives … and to bridge those gaps.

One of the best and hardest lessons I learned was that it usually takes a fresh set of eyes looking from outside. That means outside of the buyer’s perspective, and outside of the seller’s perspective. Analysis from a complete outsider is one of the best ways to understand the gaps between sellers and customers. I am lucky I learned this early, and I will always value the outsider. This can be a friend, an associate, or a trade organization, but it is even better when it is their job to serve your company needs and expectations. You can be afraid of the truth, but it will not change the truth. The best outsider is often in the form of a trained and experienced marketing consultant.

The funny thing is this: I am a marketing consultant, and in fact, I am a very accomplished marketing consultant … but knowing what I know, I will never stop using them. Yes, it probably sounds totally nuts to you, but I rely on outsiders to provide the same services that others pay me to provide.

The reason I use outside marketing consultants is that for as much as I can do the research, bring you to discover me, know your hot buttons, and even address them fairly well, I will never completely understand you, or why you are not buying my services. If I tried to understand you all on my own, without influences from the outside, I would destroy many of my greatest opportunities. I would also likely go even crazier than I already am.

You really must have a plan if you want to get ahead in business. I started with a plan, but I found a lot of changes to make along the way. I also found a lot of roadblocks, and often by being hard-headed and not taking good advice. I cannot share all my best advice in one blog article, but I have a pretty lengthy blog archive full of good information.

Delegating Saved Me More Than Once

I learned that one of the most profound commonalities of successful people is knowing when and how to delegate things outside of their expertise. They realize their limitations, and the value of concentrating their efforts on the things they are best suited for. They recognize what they don’t know, and they become good at finding the right people to handle those things.

I learned to delegate. It was terrifying to me, and I never got really comfortable with handing the controls over to somebody else. I hated that my accountants and attorneys often knew more about me than my own mother. I also hated the thought that my marketing consultants have often known enough about my businesses to try and mirror my company and become my competition.

I thank my lucky stars that I got over it and realized that I cannot be the very best at everything. I am absolutely terrible at accounting! All I want to know is that there is enough money in the accounts to carry out my purchases. I generally grasp the whole legal thing, but I hate writing my own contracts, and I understand why they say that “the lawyer who defends himself has a fool for a client.” A similar principle holds true in marketing. If you rely on your own brilliance, without outside influence, you will make mistakes … and often very costly mistakes.

Whether it is a friend, a colleague, a trade association, or a trained marketing professional, you will need to trust and learn from an outsider at some point. Tell them your goals, tell them your business pains, listen to them, take their guidance, and grow your business. Otherwise, don’t be surprised that if you keep making the same mistakes, you will get the same results.

If Building Success Was Easy, Wouldn’t Your Market Share Be Higher?

Building a successful business is not easy, and it requires a lot of uncomfortable decisions. If it was easy, it would be easy for your competition, too. A key factor lies in your will to achieve more.

There will always be people to dislike you for doing the things they are unwilling or unable to do. There will always be people to try and roadblock your success. You may often create your own biggest roadblocks based on other people’s frustrations. I know this, and I can almost bet that it is like fingernails on a chalkboard to many people when I say I’ve spent much of my adult life in the top fraction of a percent of money-earners in the USA and in the world. Yeah, that’s annoying to the people who have not joined me there, and have no hopes of achieving the same or similar results.

I really enjoyed and related to an article my friend John Falchetto recently wrote titled “5 reasons jerks are successful“. I hate to give away the ending, but the fact is that they are not jerks at all. They just work very hard and have very strong commitments. I encourage you to read it and also read the comments on the article. I had a lot to say about it.

I know that there is a huge deluge of information telling you that you can do it all yourself, and that you can reach a huge audience of all the right people with the perfect message about your company and make your product or service offering so popular the phones will ring all night and day.

If you really believed it was so simple, I think you must ask yourself “Why isn’t my market share higher?” or “why am I still reading this blog?” You want more business … that’s why.

Let this roll around in your head for a while: If you were given all the right resources to market your company, would it become as successful as you hoped it would be? Either way you answer, this should require you to consider what mistakes you are making and which required resources you are missing. It very likely has a whole lot to do with your marketing.

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Separation Anxiety by j bizzie via Flickr

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Hypocrisy in Hiring Social Media Services

Many companies want a bigger, stronger, and more productive online audience. So, it makes sense to look toward the Internet when they need help, right? It seems a common answer is “no”.

It may seem strange that so many companies need and want help to market themselves better online, but yet, turn to an offline connection to help them do it. A lot of companies who are in the market to hire a consultant for their online marketing are seeking a warm handshake, meetings in-person, and looks in the eye. They are understandably cautious about this sort of service. It makes sense, but yet it doesn’t.

The topic came up in a conversation with a friend earlier today. He is excited about partnering with a company that provides social media consulting services. He gave me the web address, and said he had spoken to them about how I am able to help them with their online presence. It sounds crazy, right? The social media consulting company needs social media help.

What shook me was that he said they have more business than they can presently handle, but their online presence is miserable. How miserable? They have sent under 100 tweets on Twitter, their latest video on YouTube had under 50 views and was uploaded over a year ago, and more than I can express, it was simply atrocious! Even the big rage online marketers have been touting lately … Klout (the online influence measurement company) did not have a profile for them.

Oh, but they’re selling like mad, so it really made me question the logic. How can somebody be successful at something without a demonstrated ability to do it? Even if they can do it, how can they be taken seriously if they don’t practice what they preach? This may sound just a bit jealous, but for many years, I thought I actually had to prove that I know my business. I have been wrong, and I see similar instances all the time. I think they must just smell really good, but I’ll explain that.

This is one side of the hypocrisy, but I’m not to the good part yet … the buyer’s hypocrisy.

Smelling is Not Due Diligence … Research Is!

I certainly recognize and respect the human aspects of doing business. It feels good to look somebody in the eye, and a lot of people believe they can tell a person’s integrity from their body language. Of course, it helps if you have training in the field of psychology, or spent some time as an F.B.I. agent. Let me tell you, though, there are plenty of people who will fake anything for money … I’ve met some of them.

I’d like to point out some things I’ve learned from over a decade and a half in a line of work where I have met less than one tenth of one percent of my customers in person. It really doesn’t hold the benefit to the client that most people imagine and hope for. It actually turns out that it is a whole lot more beneficial to the seller than the buyer.

Here’s where the buyer’s perception gets screwy. Think about this for a moment: Doesn’t this seem hypocritical to imagine a company that wants to sell more online, but cannot make their own fact-based judgments online? Companies often seek the faith of their customers online, but they, themselves, do not have the faith they ask from others. They have the tools at their disposal for making rational and logical decisions, but prefer to use a less effective and less objective tool set, in their meeting room. What’s worse, it often hurts the buyer, by opening them up to whatever brand of fairy dust is being pumped into the room.

Meeting in person will not tell you if somebody knows the Internet as accurately as their demonstrated abilities online will show. In fact, it will show a whole lot less than spending some time with our old friend Google. The only thing shaking hands and talking in a meeting room will reliably prove is whether they know more about the Internet than you do. It will not prove whether they know more than your competitor, and it will not prove whether they know how to produce an appropriately targeted audience, or even a fraction of what they say. Spending time researching them online is what proves those things.

Sitting across a table will not tell you if they are a crook. Ironically, you have to look online for that! The only thing it will really tell you beyond what you can learn online, over a telephone communication, or a Skype video conference is how they smell.

I’ll just tell you right now … I smell like cigarette smoke and coffee, but I can bend a crooked online marketer over my knee and whip them like the crybaby sissy bed-wetter they are.

Rational Thinking Eludes Confused People

It may just be a little too rational for companies to seek social media services where they can actually shop and compare, and can see who has demonstrated abilities or does not. Companies are made up of people, and people are not rational and logical about things they don’t fully understand, such as social media marketing, search engine optimization, and other areas of online marketing.

I’m too deep in the online side of this equation to be objective, but I categorize this as an absurdity. It seems as hypocritical as it gets for a company to ask customers for faith in something they fear too much to embrace. My best guess is that they are just waiting for a good smelling pitch man.

What do you think? Please share your comments on the topic.

Oh, but wait … here is some bonus material.

Where Can You Find Good Marketing People, and How Will You Know?

Just when I thought I was done writing about this topic, I realized that it leaves a question open about a better way to seek an online marketing professional. I do not have all the perfect answers, because that question has a lot of possible conclusions. I’ll give you a couple thoughts that may help you.

First and foremost, consider how you arrived here. If somebody sent you here, ask them what else they know. Sure, there may be a few dummies reading my blog, but I would suggest that many of them I have encountered are pretty bright, and have a strong interest in the areas of social media marketing and/or SEO. Look at the comments here on this article and check those people out. If they have been reading for a while, they probably have some pretty good ideas about marketing online.

Of course, if you arrived because I brought you here … call me … ask questions. I am for hire! Even if I cannot help you, I’ll try to suggest a good match and avoid a costly catastrophe. I am not a good fit for everybody, and I only take on one to three clients at any given time, but I sure know a lot of quality people in my line of work.

Your best fit will depend on your needs and expectations. If you want marketing excellence, it may require more digging, and the investment will be much higher.

If you are trying to keep within a small budget, or you have a tight time frame, be sure to understand how and why it will affect you return on investment. Discuss this with any potential marketing professional you are considering. Be sure they have an acceptable answer for you.

I must suggest, just as I have previously explained about search engine optimization, many of the best marketing people are not looking for you. It is also true, in my case, and I believe many other do not enjoy the sales process of their work as well as they enjoy the work they do. So, it may be best to not expect them to do a lot of schmoozing.

In any instance, the most important factors regarding their experience and knowledge will be found online. If they are good in their line of work, they will be very easy to discover with a search for their name on Google. Look at what they are doing online. Check them out. See what others are saying about them. Read their blog … a lot! It will give you a much clearer view of their ideas and their methods.

Finding the right fit will be worth your effort. Due diligence takes patience, but it will save you a lot of money and hassles! On the other hand, a horrible mistake I see companies endure is believing that because a friend, acquaintance, or somebody in their area knows just a little about Twitter or Facebook, they are safer with that, than to risk the effort and do a little research. Maybe they really are the right one, or maybe they are not. If the way they smell is used as a primary measurement, the company gets what they deserve. It is often how companies end up with fakes like these “marketing experts”.

OK, so I’m asking again … What do you think?

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NO MORE PROTESTS by hobvias sudoneighm via Flickr

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“Everybody” is Not Your Target Market!

Even Ma and Pa Kettle Demand Good Targeting

Even Ma and Pa Kettle Demand Targeting

I spoke with a friend recently who said that his target market is “everybody”. He didn’t just say it, but he actually meant it, and even defended it. What’s astonishing to me is that he actually fancies himself an Internet marketing professional.

Now, I’m not calling my friend an idiot. There are a lot of great rocket scientists, school teachers, surgeons, firemen, and others who do not understand marketing. We cannot all know everything, and the fine details of marketing are certainly not something everybody wants or needs to understand.

My friend is in the business of building websites, but this applies to any company, of any size, in any industry.

His belief was that since “anybody” may need a website, that he didn’t want to miss any of them by segmenting his market. In his mind, I guess he just didn’t want to leave anybody out. So, he is running Google ads directed at a massive audience.

I am a marketing professional, so you can probably imagine my head exploding at this point, right? I tried to suggest targeting specific segments which had historically been good customers to him. I tried to suggest taking a careful eye toward A/B testing to discover the audience with the highest response rate. I was shot down with every point I tried to make. I guess he was feeling generous with his ad budget, but he turned me down when I suggested he just drop it in the mail to me as a gift. I mean, he is wasting money either way … why not?

Maybe you never heard this before, or maybe you just shook your head in disbelief when you heard it, but I have an extremely valuable message for you. If you believe, like my friend, that your marketing should be directed to everybody, I hope you will accept this small piece of valuable advice.

Market Segmentation is Essential to Success in Marketing

There is a basic principle of marketing that is a cornerstone of success, and that is “Everybody” is Not a Target. Not now, not ever, and not for any company of any size, in any industry! Whether it is Pepsi Cola, McDonald’s, or any other product or service, market segmentation is a foundation-level component to success of any marketing campaign. Even if you are selling water or air, there is always a good, better, and best market segment for your offering.

Perhaps I should clarify that when I say “success in marketing”, I mean return on investment (ROI). Optimal return on investment is where we measure success in marketing. There is a reason people invest in marketing, and it is to earn a higher return. If you have a positive return on investment, but it could have been a higher return, you have still wasted money. You have forgone the best alternative, which is called “opportunity cost“, and that cost is very steep!

If you are trying to market to anybody or everybody, you are missing the portion of that “everybody” who will become your most valuable assets. You will waste huge amounts of marketing resources by trying to reach an unsegmented market. Those marketing resources are precious! They include two of the most important components of business: time and money. So why would anybody waste these?

Let’s just assume for a moment that there is actually something which includes a market potential of anybody or everybody. Doesn’t it make more sense to reach the ones who are more likely to become a customer? Doesn’t it make sense to reach the ones who have a better reason to buy, or who are more appropriate for your offering? What about targeting the market of people who are actively in the market for what you offer?

There are enough reasons to segment your market to fill textbooks, but here is just one to consider: If you target the right market segment, it is far more likely to find customers who will become brand loyal and tell all of their friends.

In the case of this individual, shouldn’t he target something, rather than everything? What about new companies, companies that just changed names, merged, or are under new management? What about the people who need a website more than grandma does? If you sell $599 “economy websites”, would it make sense to spend money to reach people who need a $250,000 website … or the other way around?

I tried to use common sense to explain the importance of targeting a segment. I explained that McDonald’s knows to focus on specific targets, and if there was ever a company who could sell something to everybody, they are in the running. They target kids. They target busy people on their lunch break. They target single moms who worked all day and just can’t tolerate another dirty dish. Is it possible that they grew so large with a worldwide recognition just by marketing to everybody? No, it may look like that on the surface, but it is absolutely not the case!

If you are marketing to an audience of “everybody”, your message will suffer. It will not resonate with the person seeking to buy. It will become boring. It will also cost many times more money and effort to achieve the same result.

Are you targeting the right people, or do you still want to sell office furniture to retired people? They may buy, but the results will not be as favorable.

If you have read my blog before, you have likely noticed that my message often addresses the huge importance of targeting a market rather than shooting into the wild. I am going to add a few related links below just to make the point clear. Each of them has a message of the importance of targeting and its huge impact on return on investment.

Please share your thoughts on this topic. It may help somebody else, or it may help you!

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