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	<title>Back Seat Marketers &#187; Purpose Driven Brand</title>
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	<description>Offering Lots of Marketing Directions</description>
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		<title>2009: The Year of the Person Driven Brand</title>
		<link>http://backseatmarketers.com/2009/01/02/2009-the-year-of-the-person-driven-brand/</link>
		<comments>http://backseatmarketers.com/2009/01/02/2009-the-year-of-the-person-driven-brand/#comments</comments>
		<pubDate>Fri, 02 Jan 2009 15:51:39 +0000</pubDate>
		<dc:creator>cory</dc:creator>
				<category><![CDATA[Contextual Marketing]]></category>
		<category><![CDATA[Person Driven Brand]]></category>
		<category><![CDATA[Purpose Driven Brand]]></category>

		<guid isPermaLink="false">http://backseatmarketers.com/2009/01/02/2009-the-year-of-the-person-driven-brand/</guid>
		<description><![CDATA[While we&#8217;ve covered the purpose driven brands, the next two years will also mark the beginning of brands being driven by the people at the companies they work for, or their own businesses. Gary V. is the story worth learning on how a person can drive the sales and marketing of a business by creating [...]]]></description>
			<content:encoded><![CDATA[<p>While we&#8217;ve covered the <a href="http://backseatmarketers.com/2008/12/28/2009-the-year-of-purpose-driven-brands/">purpose driven brands</a>, the next two years will also mark the beginning of brands being driven by the people at the companies they work for, or their own businesses. Gary V. is the story worth learning on how a person can drive the sales and marketing of a business by creating content everyday that builds into a <a href="http://backseatmarketers.com/2007/07/03/social-web-built-upon-industry-not-ads/">contextual marketing</a> platform.</p>
<p><img src="http://backseatmarketers.com/wordpress-BSM/wp-content/uploads/2009/01/jobs.jpg" alt="Jobs-Audience" /></p>
<p>Companies are going to need brand meaning as told by a person that can be trusted. Steve Jobs is an easy example, but, in reality, all but one company don&#8217;t have Steve Jobs and need to understand how to create a role for a trusted communicator for the business. Having one personality will be hard enough, but scaling that role into more than one person will get even more complex.  In fact, Google has done exactly that by allowing multiple people to be the voice boxes for the company exemplifies how the activity generators can directly communicate with their target audiences. To be sure, Google has a more formalized process for how employees are to communicate on their own.</p>
<p>Organizations have built traditional infrastructure around communicating outside the company in a polished way for a reason: the message is created by professional creative folks, approved by management, tested with consumers and launched in a controlled way.</p>
<p>Companies turning to employee talent for communications have benefits and risks. The benefits are:</p>
<ul>
<li> Speed of interaction between the line managers and consumers and with it discovery of more problems/solutions,</li>
<li>Increased <a href="http://web.mit.edu/evhippel/www/">lead user identification,</a> and</li>
<li>A higher rate of communications.</li>
</ul>
<p>The risks can create real reasons to question implementation:</p>
<ul>
<li>Loss of senior management control over message content and timing,</li>
<li>Increase of employee talent awareness within a company by outsiders, and</li>
<li>More visibility to vision, commitments and failures after the fact.</li>
</ul>
<p>These risks are real and leading brand driven companies have succeeded by building a product driven brand based on less personalized, indirect communications (e.g. TV and radio).  As blogging and social networking take hold, how many layers of communications infrastructure (=PR, agencies) will be needed go-forward? Tools to empower communications will definitely continue to roll out to meet this area much like Salesforce.com did for the sales process in many companies over the past five years.</p>
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		<title>Time: A Complicating Variable in Marketing Strategy</title>
		<link>http://backseatmarketers.com/2008/12/29/time-a-complicating-variable-in-marketing-strategy/</link>
		<comments>http://backseatmarketers.com/2008/12/29/time-a-complicating-variable-in-marketing-strategy/#comments</comments>
		<pubDate>Mon, 29 Dec 2008 15:23:49 +0000</pubDate>
		<dc:creator>cory</dc:creator>
				<category><![CDATA[Marketing Strategy]]></category>
		<category><![CDATA[Purpose Driven Brand]]></category>
		<category><![CDATA[Value Marketing]]></category>

		<guid isPermaLink="false">http://backseatmarketers.com/2008/12/29/time-a-complicating-variable-in-marketing-strategy/</guid>
		<description><![CDATA[
In a product marketing class we took in undergrad, we played a simulation game each week that was supposed to replicate a market with consumers that had shifting preferences over time. All of our teams were given comparative advantages and then had to determine where we fit today in the market, and had to read [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://backseatmarketers.com/wordpress-BSM/wp-content/uploads/2008/12/cu_home_football_receiver.jpg" alt="Receiver" /></p>
<p>In a product marketing class we took in undergrad, we played a simulation game each week that was supposed to replicate a market with consumers that had shifting preferences over time. All of our teams were given comparative advantages and then had to determine where we fit today in the market, and had to read the tea leaves of only a handful of data points to understand where consumers&#8217; interest would be for the future weeks and make changes accordingly. The game proved to be educational in its interactivity as well as the point it relayed: things change and companies have to think ahead to be where consumers shifting preferences will be.  Sort of throwing the ball to where the receiver will be, not where he is.</p>
<p><img src="http://backseatmarketers.com/wordpress-BSM/wp-content/uploads/2008/12/cayenne.jpeg" align="right" />A great example was Porsche&#8217;s choice of getting into the <a href="http://www.roadfly.com/magazine/4/porsche_cayenne_intro.1.html" target="_blank">SUV market with its Cayenne</a>. Generally regarded as a huge bet on the company&#8217;s future, the Cayenne has been a very profitable move by a savvy company in touch with what its clientele wanted. While its 911 sports car was a icon, it had spent too many years trying to create a &#8216;mini-911&#8242; which never seemed to carry the same weight. In the past 15 years, the company saw SUV&#8217;s grow wildly and put its own spin on one. While not revolutionary in design, it offered those interested in a Porsche a chance to get one in the right flavor.</p>
<p>What happens to the other SUV manufacturers as Porsche enters is where the real problem develops. Customers&#8217; choices increase, volume at each legacy player decreases and old less desirable lines die. Chrysler started the minivan category and Ford owns the truck category with its F-series yet both companies are not profitable. In time, competitors new and old can shift to meet consumers&#8217; preferences and hone offerings.  In fact, automobiles are no different than any category in Wal*Mart. Why are so many auto companies in trouble? Over time other players targeted all the right features of the best products while very little new technology (read: alt energy vehicles) emerged.</p>
<p>Avoiding strategy decay requires looking through the crystal ball and charting a course. Here are some general areas to consider when placing time into the marketing strategy mix:</p>
<p>1. <strong>Innovation over time is unpredictable</strong>, but measuring innovative successes has greatly improved making &#8216;fast following&#8217; or copying features/products a profitable venture with a far lower cost structure. Additionally, as fast following becomes a norm in society, rules protecting unique properties have been weakened to allow consumers access to more manufacturer options.</p>
<p>2. <strong>Optimized business models for fast following strip away needless innovation</strong> and hone product offerings by all companies to the most successful options. Value chain leaders integrate or contractually lock up fast followers stripping costs out of identifying consumer preferences and integrating them into the product mix.</p>
<p>3. <strong>Traditional innovators unable to sustain multi-year investments must move</strong> downstream into being fast followers (being locked up or bought) or upstream into core technology developers that are harder to replicate. [Note that Apple continues to <a href="http://www.roughlydrafted.com/2008/04/28/how-apples-pa-semi-acquisition-fits-into-its-chip-history/" target="_blank">buy small technology companies</a> to ensure its edge on core technologies over its suppliers.]</p>
<p>4. <strong>Supply chains are adapting</strong> into mass market, large scale &#8216;best product mix at lowest cost&#8217; v. &#8216;newest technology / design at premium or value-for-features price&#8217;. In automobiles, think BMW and Porsche v. GM and Kia. In grocery, think Whole Foods and Harris Teeter v. Wal*Mart and Kroger. [Along this case, I'd note that Hulu v. YouTube is sorting this out where Hulu is the lowest cost distribution point for content producers like NBC while YouTube will need to differentiate by being a value-for-features option (begs the question: what are those features?)]</p>
<p>The next two years will mark a very difficult time across the board. Consumers will push for <a href="http://backseatmarketers.com/2008/04/27/these-are-value-marketing-times/">value</a> and a <a href="http://backseatmarketers.com/2008/12/28/2009-the-year-of-purpose-driven-brands/">purpose</a> forcing companies to think about where they fit. Only a few like Apple are lucky enough to have its consumers <a href="http://gizmodo.com/5119445/the-dream-iphone-pro" target="_blank">next gen versions</a> of its products for them.</p>
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