Tag Archives: Strategic management

Is Push Dead?

Although the drumbeat about content marketing began a few years back, it seems to have become rather loud over the last few months.  We even see content marketing agencies and software pushing (pun intended) their products and services on a daily basis.

The image shows a technology push, mainly driv...

(Photo credit: Wikipedia)

Content marketing is  not a particularly new phenomenon unless you consider the end of the 1890’s new.  That’s right:  as long ago as that companies were creating content they would distribute to consumers in order to give them information as opposed to selling them something.  The theory is that compelling content creates a relationship – engagement – with the consumer and that at some appropriate point the recipient will turn to your company when they’re ready to buy.

I’m a fan of content marketing.  I think most people don’t like being sold to unless they’ve put their hands in the air and said “I’m ready to buy and I need information.”  Those kind of marketing messages – TV and other ads – are push content.  As Imus used to say “I talk, you listen” except what was being said by marketers was manufactured and shoved out the door.  Content marketing is more “pull” marketing.  It’s a newer model than the old push strategy.

But is push dead?  I don’t think so.  Here is why.

The basic definition of pull marketing means that you engage consumers or prospective/current customers.  To do that you need to know something about them.  If they’ve bought, you have that information and they know a bit about you through experiences that have left lasting, positive impressions.   Hopefully you’ve dazzled them with world-class customer service (which I think is push marketing too).  If  they haven’t bought (yet), maybe you’ve been helpful to them in other ways.

The implication is that, of course, is that you need to be discoverable.  You can’t do inbound marketing if you’re invisible.  If you’re trying to give potential customers the idea that they need to engage, they need to know that they have a problem for you to solve first.  Maybe they haven’t done that – defined the problem  – so how can they be considering a solution?

That’s where push comes in.  Sure, it may be intrusive and unfashionable and ridiculed as interruption marketing.  But it has a role in the marketing mix.  Even so, we have to keep a few thoughts in mind.  We can’t spam people – drop unwanted messages on them over and over again.  People have learned to tune those messages out.  Even as we’re talking “at” them, we can try to anticipate their needs and wants even as we’re defining their problems for them.

No, push isn’t dead, but it needs to be changed to match the ways in which consumer expectations have changed.  Then again, if your marketing plan is still very much a function of last century, your revenues might be stuck there too.  Make sense?

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What Amateurs Can Teach Professionals

I saw something last evening that provides the inspiration for our Foodie Friday Fun this week.  If you’ve been reading the screed for any length of time you know that I’m a fan of Hell’s Kitchen.  The contestants are professional cooks (I hesitate to say “chef” since very few of them seem to have the qualities needed to be a team leader in the kitchen).  I believe all of them have been to culinary school but all do work in professional kitchens.  One would think that a work environment that’s filled with opportunities to do damage to one’s self would prompt a pro to make safety an intrinsic part of how they work.  As last night showed, not so much, which also prompted a business thought.

Photo: flickr user abdelazer

One of the cooks was using a mandoline to slice a potato.  As you can tell from the photo, a mandoline is a fabulous way to cut off the tip of a finger or two if you’re dumb enough to hold whatever is being sliced in your hand instead of using the guard/holder.  In a pinch you can hold the veggie against the blade with the palm of your hand pushing it down, but you never expose your finger tips to the blade just as you don’t dice with your fingers straight out.  Needless to say, the professional cook took a trip to urgent care to replace the piece of his finger.

Here is the business thought.  The cook has probably used this tool hundreds of times in just this way and without harm.  Most professionals do things over and over and at some point those things become second nature.  Unfortunately, that routine may incorporate bad habits. Amateur cooks like me have to think carefully when we use dangerous tools.  I’ll admit I think less when using a chef’s knife than when I use a mandoline, but I do pay attention in both cases since I don’t use either tool for hours at a time every day.

The same holds true with our business activities.  Reports become routine.  We do fill-in-the-blank analyses.  That’s when someone – the business! – gets badly hurt.  Business professionals need to learn from amateurs, or at least learn to approach the tasks they do daily with the same care as the person who rarely does those tasks.  Think to when you were given an assignment which involved something new.  You double and triple checked everything and were super careful.  That’s the amateur mindset.

And now it’s off to pull out my mandoline to remind me to be careful today.  Care to join me?

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Filed under food, Helpful Hints

That Does Not Compute

One of the challenges any of us have in business is to predict the future.

English: Knuth's version of Euclid's algorithm...

. (Photo credit: Wikipedia)

The hardest part of my job – and maybe yours – is seeing over the horizon to help my clients get prepared for what is to come.  That might be a change in a market or it might be a change in technology.  No matter what it is, any of us who look ahead do so by gathering data.  In many cases that data is some measure of past behavior – how people bought from your website for example.  In many cases, those data points are put into some sort of algorithm which predicts what is to come.  Increasingly, many marketers and others use these models to drive their own business behaviors as the amount of data available grows exponentially.  While I’m not a believer that “big data means big problems,” a blind reliance on these algorithmic predictions can mean just that.

Let’s take one simple form of algorithm.  You probably see it every day.  it’s known as collaborative filtering and if you’re on Amazon or Netflix or any other site with a recommendation engine you’ve used it.  You may also have seen things offered to you as content on YouTube.  The algorithms use measures of your past behavior as well as of others like you (“people who bought XYZ also bought…”).  But what if you were buying a gift and the purchasing is not reflective or your tastes or interests at all?  What if someone else used your browser to search and purchase?  Cookies are browser-based – they have no way to tell if the activity is from one person or six.

Another problem.  Algorithms are built by people and those people are..well…human.  They might have confirmational bias operating as they refine the formula to eliminate noise – data that’s not germane to the prediction at hand.  The problem is that you don’t really know if it’s noise until it proves to be not significant.  Maybe it’s a new trend that your model misses altogether.

The thing to keep in mind is that modeling can only go so far.  It’s not very good  at predicting the unexpected.  It tends to ignore outliers.  As with all things, you need to ask questions, search for facts, and draw your own conclusions.  Yes, it’s impossible to make sense of all this data without algorithmically based analysis.  Just remember that while machines don’t make computational errors it was a human that gathered the data (or installed the code that does) and wrote the formula.  People often don’t compute.  Make sense?

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Filed under Consulting, Reality checks