A professor once said that marketing is fixing the problem with connecting the customer to the business. There is always a need, a want, a desire, a problem. If you can figure out reasons for the customer to need your business, then you can easily market it to them. This seems like common sense, but getting back to the basics of marketing might be getting lost in the shuffle. Think about how many advertisements you see in a day. Whether you are watching TV, listening to the radio or a podcast, looking at something on the internet and so on…advertising is everywhere. So how can your marketing be found in the flood of advertising?
What’s In It For The Customer?
The market is saturated with similar products and services. It can be very competitive depending on what your business is. The best thing to always remember when marketing is how does it help the customer? Constantly talking about the product or service can just get boring. But saying how it helps the customer right off the bat can encourage the potential customer to keep reading to learn more about it. Here is a great example from ContentFirst Marketing.
Think about those old school infomercials. The ovens that cook turkeys in less time than others, the knives that can cut anything, or the ladder that extends higher than competitors but stores in smaller spaces. These always stood out because they were fixing a common problem customers could have. Potential customers saw value in the products. Stick to this way of thinking, and it will be a great way to build upon a campaign.
Stand Out Where Your Customers Are
Talk to any marketing professional and you will hear a different opinion of where your business should advertise or what platforms you should be present on. It seems like everyday a new social platform is born. It is nearly impossible to be present on all of them with a marketing strategy. And of course there are thousands of ways to reach potential customers, but figuring out where your target audience obtains their information would be a great place to start.
According to Seth Matlins, Forbes Staff, 3 out of every 4 brands could disappear in an instant with no one noticing or caring. That is a lot! That means those brands are not meeting a need, want, desire or solving a problem for their customers or there are too many competitors in the market. Within the same article, Seth mentions that almost 8 of every 10 searches on Amazon are by category, not brand. Customers aren’t searching for Suzy’s Honey but instead are searching for honey. When that search happens, thousands upon thousands of results of honey show up and Suzy’s Honey gets pushed to page 6, which hardly anyone ever gets to.
Instead of running around trying to be everywhere all at once, focus on maybe a couple of different places and do your best on those to market your product instead of just doing minimal efforts on many.
Start With The Basics
Many business owners and marketers are confusing tactics with strategies and strategies with objectives. In marketing, while copying something a competitor has done is flattering, it likely may not wind up working for you. Just because we think that we can jump straight in and copy the tactics others are using we likely won’t get the same results. Why? Even if something worked for them does not mean it will work for you.
Start with the basics again, even if you’ve already had successful campaigns. Go back to the problems your potential customers have and understand why they are having those problems and how your business can help them. Decide which group you are going to really focus on. Doing this can help narrow down your marketing strategy and help determine which niche your products fits in for this particular campaign. And finally, take a look at how this group buys something. What is their buying pattern? From step 1 of having a problem to step 2 of where they go to research how to solve their problem and step 3 of actually buying can help when deciding what kind of marketing you should do. Do your potential customers like to read, listen or watch a video? Do they like reviews? Do they like to go to a store to make a purchase or buy it online (if it is a product)? Do they like to call and speak to someone on the phone about a service or would they rather set up a meeting and speak face to face? So many questions but these can help get back to the basics.
The Bottom Line
Fundamental marketing may seem super boring and it may seem like you are leaving a lot of potential customers on the table if you aren’t marketing everywhere. However, the power of finding the right target market and the ways they buy, can work. Even the greatest and most expensive tactics fail. It isn’t about the amount of money or the size of the target market. It is, and always will be, about finding the right product or service for your clients.