Category Archives: Marketing

Pick Two

“Fast, Cheap, Good: Pick Two.” Intersection_sign

A former colleague had a triangular graphic posted on the wall of his office, similar to the one here. At each corner of the Triangle was one of those three words: Fast, Cheap, and Good. I’ve never forgotten the valuable lesson. It’s true in my field as it is in any other. In the relentless pursuit of balancing the quality/economy/speed equation, we have to remember that one of those will always be secondary.

You CAN have something Fast and Cheap, but it isn’t going to be very Good. (Think McDonald’s. Or cheap Chinese-made toys. Or cheap, Chinese-made toys from McDonald’s.)

You CAN have something Fast and Good, but it isn’t going to be Cheap. (Think about the time you needed a plumber at midnight. In a snowstorm. On Saturday.)

And lastly, You CAN have something Cheap and Good, but it isn’t going to be Fast. (This one always reminds me of pro-bono graphic design and creative services… “I’ll get to it when I can.”)

If somehow you can manage to deliver all three of these simultaneously, you’ll be well on your way to changing the world.

 

3 Steps to a Great Marketing Strategy

I love a good road trip.

I try to take one at least once a year if I can. Road trips are exciting. There’s nothing like it, really … the thrill of the open road, the sense of possibility, good music, the freedom to stop along the way and check out a roadside attraction, or just to look out the window and admire the scenery. I roll the windows down, open the sunroof and let ‘er rip. (It helps that my car is really fun to drive.)

Running a marketing program is a lot like a road trip. The only trouble is, many people neglect to properly consider one of the critical components of the trip – The Map.

A map shows you where you are (Point A) and where you’re going (Point B, a.k.a. “Your Goal”). You wouldn’t set off on a road trip without at least some idea of where you were going and which roads will take you there. [Well maybe you would, but I certainly wouldn’t.] If you don’t know where Point B is, how will you know when you’ve arrived?

Without a clear strategy, all the tactics in the world won’t get you to your destination. Without a destination, you’re just aimlessly driving.

This is one way I have explained the difference between strategy and tactics, which are two deceptively simple concepts that are frequently misunderstood. The tactics are everything I described at the beginning of this post: the car, the freedom, the music, the things you pack in the trunk, the fuel in the tank. The strategy is the road map.

You first need to know why you’re going to Point B from Point A. The map won’t show you that answer, but you need to know why you’re going, because it will help you make other important choices along the way. The “why” is your mission.

You look at the map to plan out these critical things, the three steps to your strategy:

  1. Where you are. It seems basic, but you’d be surprised how many organizations don’t really know where Point A is when it comes to marketing. Some don’t even know where Point A is when it comes to their overall business. If you ask them where they are, they’ll say, “I’m here!” as if it’s self-evident.
  2. Where you’re going. Again, a surprising number of organizations are seemingly just out for a drive with no particular destination … and they wonder why they’re not getting anywhere. They know a lot of things about their current status, like how much fuel is in the tank (the organization’s financing and resources), the engine temperature and what song is playing on the radio (employee productivity and morale), the outside temperature and weather (market research, web traffic, social media metrics), what other cars are in their immediate vicinity (competitors), maybe even their current heading and bearing (those nebulous performance “metrics” we all impulsively track). Many of these things are useful when traveling. But not one of them will actually help you get closer to Point B unless Point B has been clearly identified.
  3. The routes available to you. Generally there’s more than one way to get from Point A to Point B. There are usually several options: The shortest route. The fastest route. The scenic route. The route that avoids bad traffic jams. You can take any of these routes you choose, and each has benefits and drawbacks. But you need to choose one. It’s probably best to select an alternate route as well, in case a bridge is washed out along the way.

When was the last time you thought about your marketing in this way? The road map is how you find your strategy. Without a strategy for getting to your destination, you’ll probably wind up hopelessly lost, even though you might be having a great time in the process. Developing a strategy doesn’t have to be a chore. It doesn’t have to take months or cost millions (although it can), but it is something you must do.

I’ve enjoyed the many times I’ve been fortunate enough to work with clients who knew that they needed to look at the map first, before they got behind the wheel, and asked for my help planning their route. Still, too many times I’ve seen organizations say “I have an awesome car and a full tank of gas! I’m on my way!” and sped off, burning fuel and rubber. They left without answering a fundamental question: “Do you know where you’re going?”

Where are you going?

(The Change Agent is Brian Sibley, principal of Sibley Communications. Follow him on Twitter @bsibley)