Monthly Archives: March 2016

March 21, 2016 · 11:46 am

Call First

Do your friends just show up at your house around supper time?  Do any of them knock on your door unannounced as the game is starting so they can watch on your big screen TV and drink your beer?  I suspect most of them don’t.  It’s common courtesy to call first, isn’t it?  Even those folks who might have a standing invitation of sorts will generally do so, if for no other reason than to see if you’re home. 

I find it interesting, therefore, that many marketers don’t think about the same common courtesy.  That thought came to mind as I read the latest State Of Content report from the Adobe folks.  You can read the whole thing here (pdf), and there is a lot to digest.

Consumers understand the benefit of content recommendations, as long as those recommendations respect privacy. In the US, 73% believe they are meant to enhance the viewing experience. At the same time, 62% believe they don’t respect privacy.  In other words, sure, you’re a friend but you’re also showing up without calling.  Most Americans who use digital media (82%) are comfortable with sharing at least one piece of information about themselves in order to improve the recommendations they see. In other words, CONSUMERS ARE WILLING TO SHARE INFORMATION, BUT EXPECT RETURN ON VALUE.

Calling first means making the consumer comfortable about data collection. Those who are uncomfortable with predictive recommendations believe companies can do something about it, and the biggest thing companies could do is to ask permission to collect their data.  That’s why 63% trust content from a friend or family member and only 23% feel the same about content from a company whose products they don’t buy.

So how about it?  Are you calling first, or are you just showing up?

 

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March 18, 2016 · 11:51 am

Focusing On The Protein

It’s Foodie Friday, and since last night was the finale of Top Chef, I thought we might learn a little something about both food and business from the program. Yes, I know I focused on a learning from that show a few weeks back, but not only won’t it be on for another nine months or so (sparing you my fanboy posts), but the thing on which I want to focus was done by both cheftestants, just as the business point occurs in many enterprises.

As part of the final challenge, each chef cooked a meat protein – one cooked rack of lamb; the other cooked duck breast. The responses from the judges in both cases were the same. The flavors were fantastic, the dishes were innovative and complete but the proteins were undercooked. The lamb was nearly raw in the center on most plates, and the duck breast was nicely cooked on the skin side but the other side was underdone as well. It seemed as if the chefs were so focused on the complete dish – the sauces and accompaniments – that they forgot to pay attention to the essential part of the operation – the protein that is the focus of the dish.

We see the same thing in business all the time. A side project detracts from the main business. Resources which are already spread too thin can’t focus on serving customers the basic product because they’re deployed on something that isn’t driving profits at the expense of something that is. We can’t forget to make sure the focus of our business is perfectly served because no matter how nicely everything that surrounds that focal point is offered, those things can’t compensate for a disaster in the main business.

You might think it can’t happen in your business: you’re too experienced and very good at what you do.  So were these chefs – one doesn’t get to the Top Chef finale unless you’re quite good (and these two actually topped two other cooks who are current James Beard Award nominees). Many restaurant critics will tell you that on their initial visit they like to order something very simple – roast chicken, for example – to make sure the kitchen is paying attention to the basics.  Are you?

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March 16, 2016 · 12:05 pm

How’s That Going?

Sometimes when I meet people and they describe their work lives to me, I’ll listen as they tell me what they’re doing and then follow up with a simple question: “how’s that going for you?” You’ve probably done something similar, and I bet that you rarely get “I don’t know” for an answer. I certainly don’t, and it concerns me when I do since how can you not have some feeling about so important a topic that occupies much of your waking day? 

What made me think of that was a report put out by the folks at Rundown. It took a look at how companies feel about their content creation process and the subsequent content marketing. It’s instructive to any business regardless if you’re doing content marketing or not. You can look at a summary of the report here.

Almost 80% of the surveyed content marketers agree or strongly agree that their team “makes awesome content that our audience loves.” That’s great, except for that pesky follow-up question – “how is it going?” You see, 52% of these same people disagreed that ” My team has a clear understanding of what works and why.” 55% disagreed that they knew how much each type of content costs to produce, and an astonishing 82% disagreed that they have a good understanding of the ROI on the content creation and marketing investment.

I’m not going to pontificate about in which activities a business should or should not engage.  I will say, however, that no matter which ones they are, it’s imperative that there is a handle on costs as well as some measure of ROI.  I am cringing as I think about answering any of the people for whom I worked with “I don’t know” when asked about what something cost or how it was impacting our goals (revenue, engagement, whatever).  Resources are precious.  So are measurable, actionable data about the results of activities we undertake using those resources.  Saying you make “awesome content” (or anything else) doesn’t resonate with me unless part of “awesome” is moving the business forward.  You?

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