Super Bowl Sunday is not only a celebration of the NFL championship. It’s also a day celebrating commercialism is in its glory. While some forms of it are heinous (think of the price-gouging going on in and around the stadium), I think most of us enjoy checking out the commercials each year. Some are funny, some are just dumb, but all of them are selling us something.
The commercials got me thinking about another form of selling that made news this weekend. You’ve probably heard about the memo released by a member of Congress concerning the investigation into how Russia interfered in our election. Putting aside the politics (we don’t do them here), it provides a very instructive thought about marketing.
Much like the release of a new movie or any other product, the memo was preceded by a campaign to raise awareness of it. There was a hashtag used to build that awareness along with demand and various friendly outlets promoted the fact that the memo was something all Americans should see. That’s where things go off the rails a bit since the reason given why we should all see this document was that it contained new, critical information. The promise was that once we all saw this information, our perception of how the investigation was being run or even its entire existence would be called into question. That, dear readers, is the lesson.
The memo was released and while to some it was a big deal, the general response to it was that it’s a big dud that contained nothing new and was somewhat misleading. In fact, some of the folks who were hyping its release are now backing away. What it shows us is the problem with overselling.
Overselling in its simplest form is selling more than you have to offer. If you’re an airline or hotel, you sell more seats or rooms than you have because there are usually cancellations or no-shows. It another form, overselling is going well beyond the substance of what you have, teeing up the consumer for disappointment when they find you’ve underdelivered. It’s an extremely dangerous thing to do.
Isn’t hyperbole part of selling? I don’t think so. In fact, I think great selling is about helping a prospect gain clarity about their situation while hyperbole is about obstructing reality to a certain extent. Overpromising and underdelivering, whether in releasing a report or running an ad in the Super Bowl, is a formula for failure in my book. Yours?