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Thursday, March 3, 2011

The 10 Commandments of Marketing Part 3

This week I'll finish up the 10 Commandments of Marketing. Remember the first four had to do with your product:

1. Setup no other god before the one true God.
2. Know your customers and solve their problems.
3. Have an excellent product or service.
4. Use no hyperbole (hype) in your marketing.


(Click here to read part 1)

Five through eight was how to ethically deal with customers:

5. Keep your promises.
6. Guarantee your work.
7. Don't stretch, color, or repackage the truth. Don't lie.
8. Do not cheat your customers.


Now lets talk about using customer's emotions in your marketing.

9. Avoid using Greed, Fear, Lust, Pride, Shame or Guilt.
The world is full of sales people who prey on their customer's negative feelings to sell their products. Greed and Fear are the two most commonly used emotions to write sales material. I was reading a book on writing sales letters written by one of the top copywriters in the industry, and he derided copywriters who used greed and fear to sell products as second rate hacks. I was in full agreement with him until he went on to say that there were much more subtle emotions to exploit, like lust, pride, shame and guilt. Wow. Again I say that if your product or service depends on tactics like these, then find a better product.

Now having said that, I want to distinguish between sounding a warning about a real, provable danger and offering a solution to it, and exploiting a person's unreasonable fears to sell a dubious product.

For instance, if you sell smoke detectors and fire extinguishers I believe it's appropriate to cite national statistics about the number of home fires that occur annually to point out the problem. You would also cite local building codes that require smoke detectors in each bedroom.

On the other hand, citing anecdotal evidence to sell a device that monitors the body temperature of a sleeping person in order to waken them should they spontaneously combust would probably fall into the realm of preying on a person's fears.

These techniques may get you sales, but in the end is your integrity worth it?

10. Inspire positive emotions.
Instead of preying on negative emotions, focus on the good ones. Offer people peace of mind, hope, or the chance to be part of something larger than themselves.

TOMS Shoes is a great example. My teenage daughters love TOMS. Why? Because their shoes are stylish? They think so, and who am I to judge. No, they love them because when they buy a pair, a second pair is donated to a needy child.

Blake Mycoskie, the founder of TOMS was inspired to start the company as a way to do business and bless people at the same time. He taps into the desire people have to help others less fortunate than themselves. As a result, his business is growing by leaps and bounds. Last year TOMS announce that 600,000 shoes have been distributed to poor children around the world in the four years of the company's existence. This also means 600,000 shoes were bought buy customers. The sense of helping others encourages people to buy.


So here's the bottom line: Make people feel afraid or guilty and you have their business. Make them feel good about themselves and you have their loyalty.

There they are. My 10 Commandments Marketing. Please leave your thoughts below in the comment box and subscribe to my blog.

Brett

Friday, February 11, 2011

The 10 Commandments of Marketing Part 2

Last week I gave you my first four Commandments of Marketing. They pertained to your product or service. Here's a recap of what they were (click here to read the full article):

1. Setup no other god before the one true God.
2. Know your customers and solve their problems.
3. Have an excellent product or service.
4. Use no hyperbole (hype) in your marketing.

This week I want to talk about the ethics of dealing with customers.

5. Keep your promises.

Under promise, and over deliver. This is a tough one. Especially for service providers. I've felt the pressure to promise the customer anything to get the deal and make the sale. I've caved to that pressure plenty of times. The only thing it gets you is late nights, or missed deadlines, and disappointed customers.

6. Guarantee your work.
A guarantee is just a formalized promise that your product or service will perform as advertised. However, with the guarantee comes the risk of return or loss to you the marketer. A guarantee removes the risk from the buyer and places it on the seller. Guarantees are wonderful marketing tools. However, don't offer a guarantee you can't back up.

This concept was brought home to me one morning when my partner and I were presenting our mortgage services to a group of real estate agents. In the heat of the moment I rattled off the words "We guarantee our work." A savvy agent shot back the question "What will you do if the loan does go sideways?" Suddenly I realized that my words were empty. We weren't in the position to make any real refunds. I shot back quickly "We guarantee we'll feel real bad about it!" Everyone laughed, and the moment was glossed over. Everyone knew our guarantee was just words. So if you offer a guarantee, make sure you can fulfill it.

7. Don't stretch, color, or repackage the truth. Don't lie.
If selling your product or service requires a lie, even a little white lie, then you need to get a better product, or develop a better service.

I once sold an advertising product that could only be sold if a certain specific lie was told to create urgency in the mind of the buyer. In fact, during the training program the instructor came to this part of the sales pitch and said "This is the only place in the script where you actually have to lie."

I went through the training program telling myself I could sell the advertising without telling the lie. A week in the field talking to numerous business owners proved that I couldn't sell it without the lie. In fact, the only sales I made that week were made when I included the urgency creating lie. I quit to look for a new job.

8. Do not cheat your customers.
This is related to keeping your promises. Using cheap building materials and charging for premium grade materials, falsifying your hours, using bait and switch tactics all hurt you and your customer. When you are dishonest, you are essentially stealing from your customers. At some point they will discover your dishonesty and you'll pay the price in word of mouth denunciation. 

You also step out of God's covering when you cheat your customers, removing his protection over your business and life. Proverbs 11:1 says, "God hates cheating in the marketplace; he loves it when business is aboveboard" (The Message). Your cheating separates you from God and blocks his blessings. 

I hope you enjoyed the first eight Commandments of Marketing. Watch for my next post where I'll wrap this series up and talk about how using good emotions in marketing is always better than using bad ones.

Brett

Friday, January 28, 2011

The 10 Commandments of Marketing Part 1


You remember the story. Moses went up to Mt. Sinai. God gave him the Ten Commandments. The Israelites made a golden calf. Moses saw it and broke the stones that the Ten Commandments were written on. He went back up to get a new copy. God gave it to him. He read it to the Israelites. It became the most famous set of rules the world has ever known.

I was thinking about this story found in Exodus 20 and thought “What if there were a ‘Ten Commandments of Marketing?’”

So here’s what I think are the first four most important things about ethical marketing:

1. Setup no other god before the one true God.
OK, I borrowed that from the original. But I think it's important for business people to remember. As wonderful as your product or service is, it can't really perform miracles, so don't claim that it can. Don't set up your product or service as the savior.

2. Know your customers and solve their problems.
You've got to know your customers, and understand the problems they face. Your product or service must solve their problems to be valuable. Product demonstrations, samples, and testimonials are critical to your success. Psalm 34:8 says, "Taste and see that the Lord your God is good." So if your customer can experience firsthand how your product or service solves their problems, they will buy from you.

3. Have an excellent product or service.
An excellent product or service not only solves problems, it provides superior value. It leaves the customer feeling glad they bought it, and ready to buy from you again and again. If you're selling, but not developing a product, choose to sell products that are excellent. If you offer a service, then you are in the driver’s seat. You have the opportunity to define excellence and provide it to your clients.

4. Use no hyperbole (hype) in your marketing.
Excellent products or services need no hype. If your product must be 'built up' with pages and pages of copy to sell, it might not be ready market. Spend some more time in development. Make it excellent, and you won't need the hype.

How do you recognize hype? Hype is short for hyperbole which means to exaggerate. The ancient Greek literally meant to 'overshoot.' So if your marketing materials make any kind of exaggerated or unproven claims, you've got hype. Get rid of it. Look for the real selling points of you product and talk about those.

That’s it for now. I’ll continue this discussion in the next few issues.

Brett

Friday, January 14, 2011

Hope is NOT a Plan


Commit to the Lord everything you do.
Then your plans will succeed.
Proverbs 16:3

I started learning the guitar a year and a half ago. Since then I have incorporated playing into my quiet time with the Lord. I began going to our church early in the morning several times a week to sing and pray. I used the prayer room, which was being refurbished. On the unpainted walls, people had written their favorite bible verses and I often took inspiration from the verses I saw there.

On New Year's Eve 2009 I had returned to the church to pick up my guitar. On my way out I felt like God told me to go into the prayer room and read the verses printed on the wall between the door and the window. I was already running late, and almost ignored the prompting, but I went back inside to look up the verses anyway.

One was Proverbs 16:3 "Commit to the Lord every thing you do, and your plans will succeed." The other was "For you have not received a spirit of fear or of bondage, but a spirit of adoption" Romans 8:15-16.

"Praise the Lord!" I said. I'd take that. Those verses gave me great hope. I set the words to a simple tune, and sang it whenever I felt hopeless. It encouraged me throughout the year. I tried to make sure I was committing whatever I did to him.

After a year had passed, however, our situation hadn't changed much. We were still just treading water, barely keeping afloat. And there were sharks in the water.

Then it hit me. I HAD NO PLAN FOR GOD TO BLESS AND MAKE SUCCEED!!!! I had been going along with no direction, just taking clients and projects as they came my way. I wasn't marketing myself!

As a marketing consultant I've helped many clients plan how to attract customers through various marketing techniques. But I realized I've not done much for my own business.

I even put it in terms of an equation:

M x G = R

Where M = My Plans, G = God's Power, and R = Results.

Notice that it's a multiplication problem, and in multiplication, if any of the factors equal zero, the whole equation equals zero. So if M = 0, then R = 0 too. Without a plan, there's nothing to succeed.

So this is my challenge to you and to me: Get a plan. Develop it right away. Make it specific. Put goals, milestones and dates in it. Estimate what it will cost you, and allocate funds for it. Then, commit it to God and put it to work. Let's see what God will do!

Brett