Tag Archives: business thinking

The Truth Hurts

Sometimes one has to wonder if the whole ad game is just an exercise in futility.

English: YouGov logo

(Photo credit: Wikipedia)

Billions of dollars are spent on ads and media to sell products and services yet much of that money is for naught  and I don’t mean in the classic “half my advertising is wasted” sense.  OK, so maybe I’m being a little too gloom and doomy this Monday but let me tell you what’s prompting the screed.

The folks over at YouGov did some research about how the public perceives advertising.  The results are kind of scary if you’re in the business of marketing:

Half of Americans (50%) who are aware of advertising don’t trust what they see, read and hear in advertisements.  44% think that advertisements are dishonest.  A clear majority (58%) thinks that there should be stronger requirements for proving claims in advertising. 

Charming.  The study also says that the more education you have the less likely you are to trust ads with 65% of post grads thinking advertising cannot be trusted.  So much for appealing to the customer’s intelligence…

Another finding does help to point us in the right direction:

Many of the common advertising tactics like comparative advertising, scientific endorsements and awards claims may be counter productive and put consumers on alert.  Although 16% think they are more likely to believe an advertising claim, which includes the testimonial of a scientist or expert, that expert makes 29% less likely to believe in an ad.  Ads making comparisons with brand competitors are more likely to be believed by 15% but less likely to be believed by 26%.

In other words, maybe it’s time many brands stopped talking smack about their competitors and treated their relationships with the customer (or potential customer) as if it were a first date.  Think about it.  You wouldn’t spend your time on a date citing studies about what a good person you are or talking badly about other people who might be in the available dating pool.  You’d spend the time learning more about the person you’re with.  What do they care about?  What are their needs?  How might the two of you be good for one another?

Marketing has changed (about the 500th time I’ve written that in 1,500 posts) and our thinking about it needs to change too.  We won’t build trust – and generate sales – if we’re doing the same old thing.  Maybe we need to start taking our customers out on mental dates?  Thoughts?

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Tasting Menus

The topic for our Foodie Friday Fun this week is tasting menus.

Augustin Théodule Ribot: The cook and the cat

(Photo credit: Wikipedia)

I’ll admit upfront that I tend to shy away from anything that reeks of what some call “chef totalitarianism” but as with most things I’m trying to keep an open mind.  As an article a while back in Vanity Fair put it “in the era of the four-hour, 40-course tasting menu, one key ingredient is missing: any interest in what (or how much) the customer wants to eat.”  You know what I mean.  Many top chefs no longer offer a full menu but will serve you six or eight courses of what they want to serve you.  While in almost every case the food is fantastic and based on the best ingredients the chef could procure that day, the customer has no say in the matter.  You must arrive at the designated time and eat what is put in front of you.  Maybe it’s kind of like going to a relative’s for dinner in that sense, but no relative of mine has ever charged me hundreds of dollars per person.

There’s a business point in this, of course.  I realize that customers have a choice – there are many restaurants in most towns – go elsewhere.  But should any service business force its customers to take it or leave it?  We’ve seen what happens in other businesses that  convey that attitude.   We see that sort of approach in lousy negotiators as well.  Instead of trying to listen to the important items expressed by the other party, they focus on their own needs and give no negotiating room to that party – or to themselves.  Can you imagine that person being successful?  I can’t.

“I’d never patronize a business who does that,” you say.  Really?  I suspect most of us click through various websites’ policies and accept them even though they’re offered on that same basis.  Sneaky?  Fair?  You tell me.

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How Do I Find Great People?

Part of what I do for clients from time to time is to help them hire.

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I’ll often help write the job specs and do preliminary interviews for them.  One thing they sometimes ask me is what I’m looking for in a candidate.  I’ve written before about how I think “smart” and “curious” are must-haves but there are other more subtle things I’m after as well.

One thing I don’t focus on too much is the technical stuff.  Unless I’m intending to grill them on the minutia of using a particular thing (everything from Excel to ad operations systems to code writing), I won’t get much of that in an interview anyway.  The bigger point is that whatever it is can be taught.  So what am I after?

I want them to tell me how they made something complex into something simple.  I want to hear how they avoided doing something by making something else more efficient.  Can they make one report wipe out two or three others without losing any information?  Can they turn a 20 minute sales pitch into a 3 minute piece of elegance?

I want to test their confidence in their own knowledge.  I might ask them a question and try to talk them off their answer.  How firm are they in their beliefs and is that firmness irrational stubbornness or is it confidence that is open to new ideas?

Do they listen?  Do their questions and answers demonstrate that they have been listening while we’re together?

I might ask them for examples of when they had to convince others that their solution to something was wrong even when a bunch of people were agreed it was right.  I love when they tell me that they argued against using some new tool because they spotted a flaw and turned around a bunch of people heading in a wrong direction.

Finally, I look for people who look for solutions.  For people who don’t have “can’t” in their problem-solving vocabulary.  Can they grasp problems at their core and not get focused on any one solution since many roads lead to the same place?

That’s my general list.  What’s yours?

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