Are You Ready to Market Like Einstein?

Market Like Einstein
Market Like Einstein
Marketing is what makes things sell, and it is what makes businesses profitable. Without marketing, whether word of mouth, television, radio, print, Internet, or some other medium, even the best companies with the best products will fail. Somebody has to make buyers aware of an offering, and do so in a desirable way, before it will sell. That is marketing in a nutshell.

Great marketing takes us by the nose and leads us to a brand. The best marketing makes us think. Sometimes it makes us laugh, and sometimes it makes us cry, but it always makes us think. When it makes us think enough, it makes us talk about it. It enters our conversations around the water cooler, at little league games, sitting at a bar among friends, and in boardrooms. When marketing is done at optimum levels, it permeates our conscious and our subconscious. That is the kind of marketing that makes the difference between Fortune 500 companies and all the others who came and left. It is also the kind of marketing that makes the difference between your little company and the little bigger company you want it to be. It only makes sense for you to want to know how to market better.

Marketing is not just about putting your words out to a bunch of people. Marketing also means bridging the divide between the way a producer thinks and the way their consumers think. It is not something that everybody is built for, but it is something they can practice and become better at. A lot of people can perform the more menial tasks associated with marketing, and millions of them can clearly send a tweet, update their Facebook, spam LinkedIn, or write a blog. Only a relatively few will make the necessary sacrifices of planning, learning, and stepping outside of themselves enough to do something truly brilliant that attracts people to them. It is precisely why marketing is not, and will never be a commodity.

Today’s Murnahanism: Good marketers must answer why their marketing is more expensive than others. Great marketers refuse to answer, because they don’t want the client who doesn’t already know.

Brilliant marketing comes with a cost. The cost can vary greatly, and I don’t just mean money, either. It often comes with the cost of a marketer who studies people and understands what drives them to take action. It takes somebody with a uniquely analytical mind who thinks differently than those around them. It comes with a whole lot of what I call “brain sweat”. If you are unprepared to afford these traditional costs associated with brilliant marketing, you had better be ready to sweat a lot, with your brain.

Are You Ready for Einstein-Style Brain Sweat?

If you are dedicated to your marketing, you must exercise your thinking. Einstein was a great marketer. Although it was not his vocation, in many ways he was one of the best marketers ever. After all, we have all heard of him, and he was quite effective at selling his ideas to the world. If you think it was easy, just try marketing theoretical physics and see if you can make a household name for yourself. Some of Einstein’s greatest struggles were in bridging the gap between his thinking and the conventional wisdom around him. He had to look at things from other peoples’ perspective in order to understand how to best explain his thoughts to them, and thus “sell” his ideas. The cost to Einstein was that he was criticized by many and became a bit “crazy” by some standards. Brain sweat does that to a person. It is a huge challenge to carry such divergent thoughts of both the producer and the consumer and know how to package them and sell them. In my estimation, this is the greatest challenge of marketing.

The best marketers I have ever met are all just a bit “crazy”. I think most marketers prefer the term “eccentric” over “crazy”. Trying to think like other people is tough. It was tough for Einstein to try and think like others around him enough to get his ideas through to them, and it is similarly challenging for many people trying to market their product or service. It tends to stretch a person’s imagination. It is like a rigorous brain exercise, and like any exercise, it makes you stronger with repetition.

I have often been called “eccentric”, but if you ask me, I am crazier than a shithouse squirrel (I wanted to say “shithouse rat” but my editor asked me to change it). I push myself just a little closer to insanity every time I try to understand people and how to most effectively market something to them. It is my job, and I quite enjoy it. They say there is a fine line between higher thinking and insanity. Personally, I try my best to straddle that line with one foot on either side. It beats being bored. It does not mean that I am calling myself smarter than others, it just means that I use what brain I have, and I push it to an uncomfortable limit where the competition is not willing or able to go. That is often what it takes to create the best marketing.

Einstein kept pushing forward even when other scientists were not on his side. He knew his product, and he persevered against the odds. Einstein was fortunate to have much assistance to see him through his research, but most businesses (and most other theoretical physicists) are not so fortunate. Albert Einstein’s marketing was often just good enough to receive his next round of funding and to continue his work. Most businesses only have one shot to get it right, and to achieve enough market penetration to sustain them through to the next higher level.

Are You Feeling Brilliant Yet?

The process of learning how to produce great marketing is long and hard. It would be great if I could just hand you a “brilliant switch” that you could turn on and instantly start thinking like your customers. I don’t have a learning course to sell, and although I say that I am for hire, I say “no” to the vast majority of the people who try to hire my services (largely because I am not cheap). What I can offer is a pretty sizable blog archive of marketing articles that may help jump start your thinking about your customers and how to address the challenges of marketing what you offer. I hope that it will help you.

If you are not ready to think more like your customers and dedicate more of your mind to your marketing, it is best to leave it to the people who do it for a living. Otherwise, you risk regurgitating the same old junk that has become so commonplace on the Internet. It does not work the way many people may lead you to believe, and it comes at a much higher risk of failure.

7 Reasons Your Marketing Sucks

Why Your Marketing Sucks
Why Your Marketing Sucks

Get ready to feel defensive, because I am going to tell you what you are doing wrong. I am going to share seven (of many) things that suck about your marketing efforts. These are things that you are doing wrong, or not doing at all which suck so bad it is like a vacuum cleaner pulling money right out of your pocket. I am not telling you how terrible you are at your marketing just so you can pout about it and leave nasty comments on my blog. I am telling you this so you can stop going broke and making bad excuses for your failures. Note that I am also not telling you this to sell you a solution, because if you are screwing these things up, you are probably not in my target audience. I get paid for my work, and if you are screwing up this badly, you cannot afford me.

Got it? OK then, pick up your bottom lip and stop drooling on yourself about all the money you are going to earn with this new information. I am not giving you the keys to the kingdom. I am just going to try and help your marketing to suck less. So let’s stop sucking and start fixing some of your marketing screw-ups.

In case you wondered: Do I really have to be so abrasive? Not really, but unless I slap you around a little and let you know how much terrible marketing really sickens me, you may not get the point as clearly as I intend it. Maybe it will help you to realize that this is not just another ploy to dig my hands into your pockets. Besides those points, who wants to read another dull blog post about how to perform better marketing? I think the Internet already has plenty of that. Heck, have you seen my archive? Yeah, you didn’t pay close enough attention or your marketing would probably not suck this badly.

On with the list! Here are seven reasons your marketing sucks. These are not in order of importance or suckness. They all suck, and I will bet a photo of my middle finger that you are doing at least a couple of these.

Reason One That Your Marketing Sucks: Lack of Measurement

It is really easy for people to just keep tossing out their name and trying different ways to increase their business, but if your results are not measurable and accounted for, your marketing sucks. What good is it to gain more business and not know precisely why, and how to repeat it? I see this a lot, and it is a novice mistake that you make because you do not understand the value of good marketing. Without useful measurement, you never will.

Reason Two That Your Marketing Sucks: Lack of Plan

When you do not have a plan, it is hard to have proper measurement. Many would-be great marketing efforts fail by lack of a sustainable plan. A plan includes research, goals, measurement, budget, and good old fashioned hard work. If you are opposed to work, you really should avoid marketing what you offer anyway.

Reason Three That Your Marketing Sucks: Lack of Budget

A measurable plan will still suck if there is no budget. People tell me all the time that they do not have a marketing budget. Seriously? No marketing budget? How can you be in business and not have a budget set aside for marketing? A marketing budget should be based on known factors surrounding your market and it uses logic-based, mathematically provable facts. This is not mythical, this is the real world. If you don’t have a marketing budget, your marketing sucks … and it sucks really bad.

Reason Four That Your Marketing Sucks: Lack of Goals

A goal does not need to be 120 pages of unsustainable crap. It should be easy to understand and it should be achievable. It should be based on real information, and not on hype, fear, or other subjective junk your mind will throw at you. Goals should be meaningful. Just think about this: If some thug comes to pick up your daughter for a date, do you look at him differently if he lacks goals? Set some purposeful and researched goals so that your marketing can begin to suck less.

Reason Five That Your Marketing Sucks: Selling Product

You are trying to sell a product or service rather than address the reasons somebody would want your product or service. If you want to sell a car, you are not selling four wheels and a bunch of metal. You are selling freedom to roam, fun road trips, family safety, peace of mind, personal status, comfort, pride, dealership reputation, brand reputation, and other things. If you are selling the car without understanding the reasons people will benefit from buying your car, your marketing is wasted … and it sucks.

Reason Six That Your Marketing Sucks: Price-Selling

We all heard about this recession, right? It is not a secret anymore, but if you are marketing based on cost over value, your marketing sucks. There will always be somebody willing to sell it for less and bastardize your market. When you join them, there is little chance you will ever beat them. Raving fans and brand advocates are not created by price tags. Look at Apple Computers as an example of not selling based on price alone. They may not rule the personal computer market, but they rule their market.

Reason Seven That Your Marketing Sucks: Zombie Marketing

Zombie herding is a thing of the past, but yet you still try this against all odds. When you think that simply finding a bunch of people to pitch your goods to is marketing, your marketing sucks. You try to reach out with your message as far and wide as possible, but then forget the importance of all those active and vibrant living human beings who will spread the message for you if you just stop treating them like zombies. Tweeting and Facebooking your latest special is easy. Any mouth-breathing, knuckle-dragging, drooling and babbling fool can do that … and they are! Pull yourself together and be memorable. Your customers are real people with real brains. Stop treating them like zombies.

I see this all day long on the Internet. People tend to forget that the intent is to reach real live people, and not just some fuzzy demographic.

Summary of Marketing That Sucks

There I go again, giving away what I know. I keep saying I will stop doing that, because when you know everything I know, I am out of a job. The good news is that if everybody who comes to me for marketing had this much sucking in their market, I would not want to do my job anyway. Knuckleheads be gone! Come back when you begin to suck less and want to do more business.

Bonus Reason Your Marketing Sucks: You have no backbone and you are trying to please too many people. Build a brand and stand strong to the brand. If you are afraid that somebody will not like your brand, let me burst that bubble for you early. Some people will hate you. They will hate everything you stand for and everything you do. If you are too afraid to polarize your audience, give up now. Being famous often requires having the guts to be infamous.

How To Sell Paper Clips: A Closer Look at Marketing

Sell More Paper Clips!
Sell More Paper Clips!

Think about paper clips for a moment. They are about the most basic thing you will find in your desk drawer. When you consider your marketing, try to imagine selling paper clips. You probably do not think much about what brand you are buying when you need to replenish your paper clip supply. This is likely true of your product or service, too. Unless people have a good reason to remember you, it will be a lot harder to grow your paper clip market share and to become more prosperous.

If you challenged multiple companies with a truckload of paper clips to sell, somebody would sell out sooner than the rest. One would almost surely hit their stride and empty that truckload of paper clips before the others, and there must be a reason.

A basic essential of marketing is to get people to talk about you in a positive way. When other people talk about your brand, it is far more valuable than when you talk about your brand. This is proven every day, and in many markets. Just think about the ones you remember and why you remember them.

In order to emphasize the point, I have created this short video to show you how to sell more paper clips. I hope that you will enjoy it.

Addendum: After comments from Jim Rudnick at Canuck SEO (JVRudnick) both below and on social networks, I picked up the phone to call and thank him. We chatted and he told me of a remarkable story about a man who traded a paper clip for a house. If you doubt the value of good marketing and how to build value in something as simple as a paper clip, you should see the story of Tyler Wright.Thanks for sharing, Jim!

Your Recession is Yours, My Recession is Mine

Own Your Recession
Own Your Recession

I talk to a lot of people. I have some amazing friends, with amazing perspective. The wise ones are not afraid to talk about recession, and brainstorm ways to improve their respective place in this recession.

You are a bit scared, right? I hope so, because you should be. If you have just consumed a small fraction of reality over the past couple years, you have certainly noticed something different about people’s spending habits. Lines at restaurants are shorter, and lines at homeless shelters are longer. Let’s not sugar-coat it. Shit hit the fan and business is harder to come by these days.

One of my long time close friends is a well-informed Magna Cum Laude Princeton University graduate of economics with his MBA and a bunch of letters at the end of his name. He is a top-level economist and one that many other number-crunchers rely on to evaluate major business decisions. He is about as scared as it comes. Me, I lost squillions since recession started in 2007, and I got sick of being scared. Instead, I made a plan, and I continually work with my plan.

Improve the Future You’ve Got

This is not an uplifting “rah rah, go get ’em” sermon I am here to give you, but rather the cold hard truth of where things stand, and ideas to improve the future you’ve got. Ahh, but there is the key! If you note that I said “the future you’ve got” I mean that the future is something you already have. It is not some unrealistic thing that lives in some other dimension and never comes to pass. Time keeps marching on, and every day marks another day into your future. You do have a future, and if you are too freaked out about today, the future gets pretty blurry. In any case, your future will get here, and you are the one who makes all the tough decisions on how it will look.

I understand that it gets harder to envision your future when you are still fighting today. I have seen the future become blurred, too, but I have made a plan. I made a flexible plan, and one that can be amended as needed. I keep my eyes moving, and I always look in all directions. It is tricky and requires constant attention, but without a plan, results would be pretty bleak. Don’t you think?

If you feel like you are alone in the recession, stop feeling that way. Not just because I said “stop feeling that way”, but because you know it is true. You see it all around you. There are two divergent ideologies on the topic. One says the sky is falling and we are all doomed, and the other talks in ambiguous Wall Street phrases about improved economic indicators and tries to influence a stronger market by helping people feel safer to spend money. Reality is somewhere in the middle, and your economic reality will come from the actions you take.

Owning Your Recession

Let’s face it, you own your recession, and the sooner you realize it, the better. Sure, it has affected most of the people you know, but there are still people thriving in a bad economy, and I will give you some reasons why. It starts with making good decisions, having confidence in your decisions, and taking action on your decisions. That is a lot of decision making, and many people are more comfortable making the decision to “wait and see what happens” and to follow the same course. Getting ahead means getting uncomfortable, and if you are in business, you must understand that fear affects success in more than logic.

I can own up to my recession, although it is not all my doing. I still know that my decisions have everything to do with where I am and where I go from here. I will give you an example. In 2007 and 2008 I watched some huge suppliers to my company kill thousands of jobs and shut down some of their operations. One of my suppliers of network services laid off 5,000 people in a single day. I knew my industry very well, and I knew in advance that I should have sold off or severely downsized one division of my company. Instead, I wanted to be a hero to my clients, so I took a “wait and see” approach. It was not long before the “wait and see” kicked me squarely in the ass.

You will not catch me seeking sympathy, but I saw my corporation’s annual accounts receivable drop by over half a million dollars in a single month during 2008. As the CEO, I knew that it would eventually hit my personal economy pretty hard, so I made sacrifices. I cleared out $250,000 worth of cars from my garage, I suspended a six figure per year auto racing budget, I downsized my home by over 3,000 fewer square feet, and I worked harder and for less money than I had in many years. It made sense to cut certain things that I did not require, and it made sense to kick myself back into gear. I made many sacrifices!

A Couple of My Worthy Sacrifices
A Couple of My Worthy Sacrifices

Making the Right Sacrifices

I write a lot to help people regain vision for their business and personal lives. In fact, I wrote three books last year and a whole lot of blogs. You surely cannot knock me for dedication. So much of what I write is aimed at helping others to grow their market and regain the market they once enjoyed. I know I make some people very uncomfortable, and I am pleased for that. If you are comfortable with how things are, you have less reason to do something brilliant. On the other hand, if you get sick of being scared, like I did, maybe you will come to make the right choices to build upon your own economy.

Maybe you never read any of my biographies or ever heard of me before, but from the time I dropped out of school at age 15, I have built multiple very successful companies. Something I have learned well is the value of sacrificing unnecessary comforts today in return for a better tomorrow. Sure, you can say that tomorrow never comes and that you should seize the day, but isn’t that the same thing your credit card issuers count on? If you work harder, try harder, create a solid strategy, and do more for your future, you are the one who collects the interest.

The Wrong Sacrifice

I could bang my drum and toot my horn all day and night, and you can still call it all “bullshit”. I can give you good ideas and direction, but you can still call me crazy. A lot of good thinking has been called crazy. Christopher Columbus was “crazy” for saying the world is round, and Albert Einstein said “Great spirits have always encountered violent opposition from mediocre minds.”

Crazy is relative to your own sense of reality. I was crazy to leave school at 15, but less crazy as I earned millions by 25. Something which cannot be denied and is based on solid math is that effective marketing will grow a business. Effective marketing can get you the job you want. Effective marketing and reaching the right people with the right message is what creates opportunities, from meeting the right spouse to becoming the head of a political party. So how can you possibly abuse and neglect your marketing when it is the one quantifiable thing which can lead you to your goals?

My Murnahanism for Today: “If you want something, it mostly requires asking the right people. You should place quality first, and quantity second, but success usually requires both. If you keep asking the wrong people, refine your efforts. When that fails, you probably need to ask more people.”

If you want a better economy for yourself, do something different. As I have said before, “Do Shit They Will Remember” and note that sometimes you must “Choose Logic Over Emotion“.

If you want more, market more, and market better. Of all the sacrifices I ever made in business, marketing has never been in the list. It has always been the one thing that mattered most. Recession is actually the best time to market your goods, because your competition is running scared, too.

I wrote of sacrifices I made to create millions of dollars in business from my 6th grade education (I left at 15, but I failed a few times first) in my book “Living in the Storm“. This is not my evil plot to shake you down for the huge $2 royalty I make per book, but if you have a hard time understanding the sacrifices it takes to grow a business, you should consider reading it.

Accepting your own recession and doing more to improve it does not mean everything will be amazing again. However, if you are not doing more to market yourself or your business, you are accepting what you have and that will become less as others keep moving forward.

Photo credit to Eric Pouhier via Wikipedia