Tag Archives: Marketing and Advertising

March 29, 2017 · 11:49 am

The Margin Of Error

One bit of my old life as a broadcaster that I seem unable to leave behind is the ratings. TV ratings – and specifically those from Nielsen – are the currency of the TV ad business and billions of dollars of media are bought and sold based on these numbers. What caught my eye this morning was the reporting of last week’s late night ratings and the analysis connected to the report. The writer did a good job dissecting the numbers except that they conveniently failed to mention one thing that should be instructive to any of us in business: the margin of error.

English: Graph showing weekly Nielsen Ratings ...

(Photo credit: Wikipedia)

What the author failed to mention is that there was no statistical significance between the reported audiences in any of the numbers that Nielsen was reporting. Since the numbers discussed in the piece were Adult 18-49 numbers, the reporting is based on a subsample of Nielsen’s panel, meaning that the margin of error is wider than on all the ratings as a whole. While I don’t have a rating book in front of me, I know there always used to be a disclaimer in every book explaining that the numbers it contains are only accurate up to a point. They’re estimates. When we’re looking at number this small (and the late-night numbers are in tenths of a point), it’s just as possible that the network reported in third place could, in fact, have more viewers than the network reported as in first place.

The point here isn’t to denigrate the ratings system (I’ll save that for another screed). The point is to remind each of us that almost every piece of data that we look at needs to be taken in context and with appropriate disclaimers. What I find helpful is to pay attention to trends and not to absolutes. The only numbers without a margin of error are those pertaining to actual money received and actual money spent, and even those are generally only snapshots of a moment in time.

The next time someone comes to you with a data point, ask about the margin of error or about any factors that could affect that data. New visitors to your website are up? What percentage of people routinely delete cookies and, therefore, seem to be new when they’re not. App installs are up? How many people deleted the app last week, was that an increase, and could the new installs, in fact, be reinstalls? See what I mean?

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March 22, 2017 · 10:51 am

Unkept Promises, Ungathered Feedback

Last week I wrote about how a company with which I did business became a source of annoyance. I realize that the odds are slim that they read the piece, especially since they, through a surrogate, managed to do something even more annoying than spam a good customer.

A few days ago, I got an email from a company who was acting on behalf of the golf ball reseller with whom I had done business. The email lead with “We want to hear your opinion. It will take less than 15 seconds” and featured the logo of the reseller. It further stated that the company:

asked us to contact you to hear about your experience regarding your recent order. Your ratings and comments, whether positive or negative, will help improve their customer service. Your review is also valuable information for new customers who are considering shopping with this company. All feedback will be made public, we will not publish your name.

Scrolling down through the mail, I just had to award 1 to 5 stars, which I did. When I hit the link to enter, I was taken to a website which asked me to write a few words of feedback about my transaction. No problem, at least not until I tried to submit my review. You see, the page wouldn’t submit until I had also written a review of each of the three brands of balls I had ordered, leaving stars for each one as well as several words of text. The 15 seconds (actually quite a few more) being up, I closed the browser tab, feedback, rating, and review unsubmitted.

Yet another thing we can’t do in marketing. We can’t make promises that we know won’t be kept. Asking for “15 seconds” of my time is fine. Requiring many more seconds (minutes, actually) under a false pretense isn’t. The feedback I left initially was my opinion (positive, by the way) of the transaction as well as the quality of what I had received. It would have served to encourage people to do business with this company since they deliver what they promise at an excellent value. Instead, they got nothing, because a vendor they had hired put a gun to my head and demanded I write multiple reviews and wouldn’t take what I had written for them until I did so.

It’s a customer-centric world, folks. You can’t turn a happy customer into one that is left with a bad taste in their mouth because of something you want, not the customer. And for goodness sake, don’t promise anything that you won’t deliver, OK?

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March 17, 2017 · 11:29 am

No Cabbage For The Corned Beef

It’s Foodie Friday as well as St. Patrick’s Day! Most people in the U.S. associate the holiday with food (as well as with drink). Corned beef and cabbage is generally the food we think of here, and frankly, that’s a little weird since it isn’t really Irish. As the father of two lovely Irish-Jewish daughters, however, I can feel good about it since in many ways it represents the commingling of the Irish and Jewish immigrant communities.

English: Closeup view of A lady shoving a cabb...

(Photo credit: Wikipedia)

After all, corned beef, and beef generally, wasn’t something widely available in Ireland, and you can’t go into a Jewish deli without seeing corned beef on the menu. One explanation is this:

Many maintain that the dish is simply not Irish at all. The close proximity of the Irish and Jewish communities at the time is said to be largely responsible for the popularity of corned beef among the Irish immigrants. According to thekitchenproject.com, when the Irish arrived in America, they couldn’t find a bacon joint like they had in Ireland so they gravitated toward the Jewish corned beef, which was very similar in texture.

I was shopping for my brisket to corn as well as a cabbage yesterday. Despite a huge swath of produce department space having been allocated to cabbages, there wasn’t single cabbage in stock due to a great sale price (I ended up paying 3x the price in the organic department!). The briskets were plentiful although they were packed in those cryovac bags that make it difficult to see through the printed graphics in order to assess the quality of the product.

What’s the business point for you today? First, if you’re running a sale or know that demand will be high due to a holiday, it’s imperative that you have product on hand. Nothing gets a consumer angrier than the lack of product availability. In this case, the store hadn’t procured enough stock to replenish the shelves, even though the item is evergreen, meaning it will still have its regular level of sale after the holiday. Next, make it easy for customers to examine the product. How often do you see an open box in a store where someone has tried to investigate the actual product as opposed to what’s displayed on the box? Frankly, I think one reason online shopping hasn’t completely obliterated the in-store experience is exactly that. People want to see, feel, and smell the product before taking it home. We need to help them! Finally, ask yourself how you can create an experience around the brand or product. It’s easy on a holiday such as this, but marketing needs a push the other 364 days too!

To my Irish friends and relatives, enjoy the day. I’m going to get my brisket going shortly, and I’m going to put bacon in the cabbage to make it a bit more Irish. After all, isn’t authenticity a key marketing asset as well?

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