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Relationship Marketing in 2020: More Than a Trend

Relationship Marketing in 2020: More Than a Trend

Jason Steed

Owner & CEO

Relationship Marketing in 2020: More Than a Trend

2020 has kicked open the door and crashed onto the scene in a flurry of fireworks, confetti, and lists of top marketing trends for the new year: “Make more videos! Make more live videos! (NOT the same thing.) The future is chatbots! Social messaging automation! Voice search now! Be a leader! Be good buddies with a leader! Automate! Upward momentum! Thrive to survive! With so many articles spouting off trends, it can be hard to know how your company should actually be marketing in the new year.

Some marketing advice: trend diets don’t work.

Even if that no-sugar, starve yourself, gluten-free, cold-turkey-keto diet shaves off a few pounds in the beginning, I guarantee that those pounds will eventually come crawling back. Our bodies’ biologies require a long-proven wellness plan for sustainable health. So, too, does your marketing strategy.

While deploying your chatbot armies, live-streaming your daily office routine (think bank camera footage…boring) and doing all of the things that the must-do marketing articles espouse, then sure, you might get more followers—maybe even a new lead or two. But sooner rather than later your “campaign button” will gather dust as you stretch your resources too thin. Or you’ll distract yourself from supporting your most loyal customers. Or worse yet, the commodity-driven bargain shoppers you pseudo-acquired will become liabilities instead of assets. Then, as shiny technology bells and whistles begin to dull, you’ll be back where you started… or worse.

Some of these trends can be helpful, but a successful marketing strategy needs more (…or maybe less?…pause for effect.) You won’t lose weight without understanding your body’s signals, then building a regular daily nutrition and movement plan (no matter what your expensive diet supplement claims.) You won’t gain and maintain market share without defining your target customer and building a genuine and sustainable relationship.

Understanding Your Target Audience

Ask yourself this question: What problem does my ideal customer face, and how does my product solve that problem? (fair enough, that’s 2 questions.) If you can take a step back and define your true value as your potential customer sees it then you can take that next step forward, toward the tool (and possibly the trend) that accelerates your solution.

As an example, let’s say that you market used car rentals to longer-stay business commuters in your area. Who is your ideal customer? How does he spend his time when he travels? Does he have a consistent routine? The more information you have, the more sound your marketing strategy becomes. If you understand how your ideal customer makes decisions, convincing her or him to buy into your product becomes much simpler.

Profiling a day in the life of your customer is much more effective than simply jumping onto the latest tech bandwagon. No doubt, it’s hard to get into the head of your ideal customer to understand how they’re wired, but the better you’re able to do so, the more your brand or solution will resonate with your customer as being viable and authentic. Authenticity is not a trend.

Relationship Marketing Resolutions

In 2020, your company’s marketing resolution shouldn’t focus on being “on trend.” Instead, focus on the heart of your business. With a whole lot of relationship marketing (and maybe a targeted trend here or there) your company is sure to trend toward stronger market share. Want to learn more about spotting your best customers and building relationships with them? Tune in for our next article.

Happy and Sustainable New Year from the Targa Media Team!

Marketers, Start with Why. Here’s Why…

Marketers, Start with Why. Here’s Why…

Jason Steed

Owner & CEO

Marketers, Start with Why. Here’s Why…

Somebody in your target audience will really connect with the pitch you’re writing this week. But only if you tell them why. I hope that these tools and examples help you focus your energy on the audience that matters most…yours!

This week, I posted about my triumph in making bone broth from Thanksgiving’s turkey carcass. I had all the important stuff: A catchy intro, a real-life hero photo, language that humanizes, and selling points like “healthy, resourceful, and savory.” Yes, even a Call to Action to download the recipe. Voila, the perfect social media post! Right? 

It turns out, not so much. The first comment I got back from my target audience was…less than ideal: “Why do I need bone broth?”

I had missed one very vital ingredient in my social media post recipe. I hadn’t started with “why.” If I expected anybody to click through, or “convert” or even “like,” then I had missed the boat. I needed to start with the “why.”

I needed to share what it was that even got me thinking, researching, cooking, bragging and drinking bone broth in the first place. These answers were second-nature to me—not even on my radar. Yet these were the pivotal conversation starters.

Products on the shelf

Knowing the “Who” helps to define the “Why”

You may have noticed that I haven’t brought up the “who” as much as the “why, what and how.” I assure you that identifying your target audience is at the center of my attention and the marketing services we offer. For me, the “why” is a powerful extension of my marketing focus. In my brain, a marketer’s order of importance starts with Who, then goes to Why, then What, then How. Here’s an example:

Let’s say you were marketing a new property insurance plan to customers currently enrolled in a starter insurance product. You’re anxious to get the word out on some powerful and cost-saving home insurance features that you’re certian will resonate with your customers. After all, they already use your product and love and understand its intrinsic benefits…right?

Let’s Roleplay: Two Examples in Property Insurance

  • Product: Property Insurance – Powerful monitoring and protection upgrades
  • Audience: Existing customers of your base products
  • Goal: Convert 20% of target audience to the new and improved product

Audience 1 Example

  • Who: Nurturing-minded
  • Why: Safety and lasting peace of mind for me and my loved ones
  • What: Everybody gets taken into account with a more powerful and modular property insurance plan.
  • How: Enroll online, or call me. I’ll help you upgrade without anything falling through the cracks.
Products on the shelf

Audience 2 Example

  • Who: Practically-minded
  • Why: I just want to know that ALL my stuff is protected
  • What: Let’s upgrade to a plan that doesn’t generalize. Everything has its own value, and it doesn’t make sense to over-insure or under-insure.
  • How: Enroll online. As an existing customer, the upgrade process is easy and thorough. Just as with others who have upgraded, you’ll see savings starting with your next billing cycle.
Setting up a campaign for a practical audience

My target audience for this campaign is busy, mid-life professionals juggling family and health changes that come with aging. This audience is trying to figure out how to eat healthy on the go, and how to find the time and energy to “show up” day after day. See, I knew the “who,” but I confused the “why.” If, however, my social media audience was comprised of chefs, nutritionists, and biohackers then my post would’ve resonated very well.

I recently had an opportunity to pitch our marketing services to a local IT company. The co-founder gifted me this book by Simon Sinek, “Start with Why, How Great Leaders Inspire Everyone to Take Action.” I read it and loved it. It made so much sense, how your good idea is only good if it gets heads nodding and thumbs upping. Otherwise it’s worse than a bad idea. It’s no idea at all. Even bad ideas get heads moving, albeit shaking instead of nodding. Good ideas and bad ideas communicate because they get heard. They progress in a linear fashion—they springboard. This happens because they start with the “why.”

Humans are linear. Companies, shoppers, and shareholders are linear. Our brains make decisions based on instinct, survival, priorities, and perceived value. The “why” is the first step with our brains. If we resonate with the “why” then we’re interested—and hopefully invested—in the “what, how, when, where, etc.”

Sinek’s book, on the whole, offers tools for transformational leadership, but I found some very insightful “brain wiring” goodies that pertain to marketing messaging at large.

Maybe this exercise will help you, as it did for me. Ask yourself, “What motivates me to show up and be a valuable contributor in my home, at work, in social circles, and more?

Your mission statement without the why:

  • “I love to excel because I really enjoy what I do and the roles I play. I’m motivated by challenging decisions.”

Not a bad motivational mantra, but consider how the “why” is missing here. What roles are you playing? What types of decisions are challenging? Why are you motivated by challenging decisions? Without the “why” you can see how you create more questions than answers. True, questions can be provocative, but only after engagement. Providing the “why” will engage your customers in mental (and ultimately literal) dialogue with you.

 

Your mission statement with the why:

  • “It may seem strange, but I’m motivated each morning knowing that I’ll encounter brand new challenges. I somehow find motivation in the unexpected. I think I would get bored pretty quickly if I were just recycling the same solutions to previous problems.”

Whether this person shares your same enthusiasm for new challenges or not, you’ve got to admit that there’s something here that drives us toward the “what” and the “how” of this person’s example.

Many of these “who” principles make up our relationship marketing tools, while Sinek’s book focuses more on the “why.” There are some great insights and practical tools to be found, such as the Three Degrees of Certainty, crafting a Mission Statement with substance, and much more. I’d encourage you to give it a read. I did, because the person who gifted it to me told me “why” he read it and “why” he found value in it.

There are lots of benefits from your products and services. Much like bone broth, your services are versatile, affordable, and rich with flavor (maybe). My audience of busy mid-life professionals didn’t know what to do with bone broth. I knew they would benefit from it, but THEY didn’t know. I should’ve shared my “why.” I should’ve told them how convenient it is in my own on-the-go life, and how it fills the gaps when conquering the world gets in the way of refueling my body and my mind.

 

Marketers, Don’t Fear the Opt-Out

Marketers, Don’t Fear the Opt-Out

Jason Steed

Owner & CEO

Marketers, Don’t Fear the Opt-Out

 

We marketers and business leaders beat around the bush way too much. Let’s make your communication much more direct and effective, both in attracting the right audience and in repelling the wrong audience. Taking an “opt-out” approach is an effective  gauge. Here’s why:

Marketers, if you can say, “Some of you won’t find this very relevant.” then you’ve succeeded in creating a clear, authentic message. You’ve essentially said that you understand your product and your audience well enough to communicate very specific value. So when someone opts out of your newsletter, campaign, or even your business at large, that doesn’t mean your marketing isn’t working. Actually, it’s just the opposite. Opt-outs are a necessary part of narrowing-in on your audience—finding the people who will benefit from your product or service.

The process of “audience purging” is something that I personally resisted for a very long time. I was concerned that the opt-outs would sour other relationships in my contact database. I was vain to think that people would waste their precious time as active naysayers. We’re all too busy optimizing, organizing, and filtering. And we should respect others who ought to filter us in return.

If somebody opts out of your list, that almost always means they know and “trust” you. Losing email permission does not mean losing trust. We don’t click the opt-out link within an untrusted source because we know we’ll likely validate our email address to spammers, thereby compounding the problem.

Our Relationship with our Inbox

Think of it this way: How do you deal with irrelevant communication from close friends and business colleagues? We all deal with this every day, foremost with social media. But that’s a whole other blog post. We feel more territorial, however, about our email inbox—our conduit to relevant tasks. Our inbox is our biggest and most relevant filing cabinet for all things personal and business. I get marketed to by some amazing people in my life; business colleagues, family and long-time friends whom I truly admire and respect. If their message or “product” isn’t relevant to me, I’ll ultimately filter it or opt out. Doing so doesn’t diminish my respect or admiration for them. I’m often grateful for their clarity of message and their product. And, yes, they may take my actions a bit personally, but that’s out of my control. 

As a marketer, I need to understand you—my target audience. I must strive to be a valuable asset in your digital filing cabinet. To earn the right to occupy your email box, my message ought to support and propel you in some way in your goals. In every correspondence the burden is on me to clearly state how marketers and business leaders benefit from my product and message…or if I would just be wasting your time. 

Strategy: Use “You and I” language instead of “We” language

Your story isn’t about you. “Your brand is defined by those who experience it.” [Brian Solis, digital analyst, speaker, and author] Using “you” language requires boldness and authenticity. It requires that you have a 1-on-1 dialogue with your audience. 
.

Products on the shelf
“Your brand is defined by those who experience it. ~ Brian Solis”

“You and I” vs. “We” Example: Let’s say your client is a non-profit drug addiction center, and that your product, Video4U, captures a 4-minute video vignette of their story and business message. Your client could then use their video to build awareness in the community and grow their clientele:

“You and I” Language Example: Clear and focused messaging resulting in higher opt-outs but stronger engagements
You play a critical role in helping struggling addicts, and now you can make an even bigger impact. Video4U is a powerful way to share your mission with the people who need it most. 
If you’re an influencer within your nonprofit, I’d love to capture you and your vision in a scripted, 4-minute video vignette. Think of it as being onstage with a support staff working to get your message to the right person at the right time. How would you set your stage? See examples of some of my favorite Video4U templates here…   

 

“We” Language Example: Vague and diluted messaging resulting in perhaps fewer opt-outs but weaker engagements

We believe the best way to build a successful non-profit business is through video. Our research shows that combining both sight and sound is a powerful way to captivate an audience. Our skilled scriptwriters and video technicians at Video4U know the nuances of storytelling. Your job is the easy part; getting your message out there for all to see. Contact us today…

Using “You” language is just one strategy to help your best customers self-filter and increase in loyalty, including “emotion-led storytelling” and “persona-driven segmenting.”

In your own correspondence, whether with email marketing, social media, print, event marketing, or any campaign medium, make it easy for your database to self-filter. Embrace the power that you have to communicate a clear value proposition through text, imagery, tone, offer, channel or frequency. Avoid the temptation to try to be meaningful to everybody—you will ultimately lose authenticity with your most valuable customers. Trying to be a little bit relevant to everybody dilutes your message, and ultimately comes across as disingenuous and unauthentic. Authenticity begets confidence. Confidence and articulation will strengthen your opt-ins, and that’s what we’re really after.

 

More resources:

Four Tips for Concise Messaging – Jeremy Kartchner, Snapp Conner PR
Eleven Sales Pitch Examples – Melissa Williams, Sr. Content Marketing Specialist, YesWare 

The Tone and Timing of Relevant Marketing

The Tone and Timing of Relevant Marketing

Jason Steed

Owner & CEO

The Tone and Timing of Relevant Marketing

Human emotions are at the heart of relevant marketing. Easy in theory, harder in practice. I hope this conversation and a few examples will be helpful to you in staying top-of-mind as a marketer or business owner. I’ve certainly been thinking a lot about how we marketers keep our product and message relevant and authentic. A great solution is only great when shared with the right people at the right time. Here are some of my thoughts on the tone and timing of relevant marketing:

1. Have a 1-on-1 dialogue. You’ve heard the adage “Dance as if no one is watching?” Well, here’s a new one: Post as if one person is listening. I believe we marketers have an opportunity and responsibility to craft our message toward that one ideal customer. Otherwise we lack structure and intention. As a result, our stories become bold and relevant. Bold because 1-on-1 dialogues create clear and confident voices. Relevant because emotional resonance cannot happen with “megaphone messaging” (generalizing messages to a wide audience or speaking to everyone at once.) When we try to speak to everyone, listeners begin to tune out; the message feels like it “no longer applies.” We’ve missed our opportunity to resonate emotionally. Here’s an example:

  • Offer A (high relevance using a 1-on-1 dialogue): “Hi, I seem to recall you’re looking for a better way of managing your tasks because your long commute and part-time job pull you away from calendar alerts. I’m in a similar boat, always trying to get my crazy schedule back in order. A couple of my co-workers help me stay on track, but my boss isn’t so great at it. Here’s something I’ve tried, and it works well with Google Alerts. I’m a bit clunky with technology, so I like how it gives me hands-free alerts when commuting and syncs up nicely with shared calendars. Do you think this is something that could help you too? More info here.”
  • Offer B (low relevance using megaphone messaging): “Does your hectic schedule have you pulled in multiple directions? We get it, you need to manage your priorities, both personal and professional. Here’s a solution that’s compatible with many leading calendaring tools. Whether you’re good with technology, or you easily break things, this solution brings hands-free alerts into an organized space to bring you peace of mind. Take the stress out of your day today. Learn more.”

Put yourself in your ideal customer’s shoes; how would each of these 2 ads or posts resonate with you? Which ad feels more authentic? Which feels more relevant?

2. Be consistent. I know, this idea is so overstated, but consider the upside of breaking through the clutter. Your spoiled readers and listeners expect to hear from you on their own timeline. They expect you to be on their radar when it’s convenient for them, not for you. I get it, putting “creativity” on a schedule is counterintuitive and something that a non-creative person would recommend. But you’ll be surprised by how often your writer’s block moments and creative slumps generate really useful and authentic messages within life’s inevitable constraints. Schedule it, and get it done!

Content marketing is a muscle to be worked-out and stretched often. About a year ago I took my own plunge into consistent writing. I’ve never considered my life to be a “story,” just some interesting experiences scattered throughout my daily narrative. Then it hit me, isn’t that what a story is? I have some things I’m passionate about, and I’ll bet that my story could be relevant to somebody else—if they can find it. That’s where consistency comes in. I’ve been fairly regular in sharing Instagram posts 3 or 4 days a week for the past 52 weeks. I talk about my personal experiences and discoveries, always relating them to my company’s mission and product offer. I know that some of my thoughts and ideas resonate and some don’t. But I simply cannot forecast which posts will be relevant to the right person at the right time. It’s not for me to decide. Others will decide that on their own, but only If I’m on their radar. And in order to be on their radar, I have to post consistently. Here are a couple of tactics that might help you be consistent:

 

  • Create a content calendar. This gives your brain a chance to process a bite-sized snapshot of what you’re trying to accomplish. A step-by-step process is powerful for your conscious and subconscious mind. A calendar could be in the form of a bulletpointed outline, or a more formal weekly grid. Here’s a good starting template. Examples are Hubspot and HootSuite
  • Get somebody to hold you accountable. That somebody could be a co-worker, your marketing team, a friend or family member, or your audience of subscribers. Don’t over-promise. Just promise.

3. Be vulnerable. Ah yes, this is where relevance truly takes hold. Marketers are storytellers. Stories have meaning when they include human traits such as challenges, successes, failures, and emotional depth. My marketing director, Bob Stockwell said it well during a hike a few weeks ago, “Here’s the catch 22: Vulnerability fuels creativity; creatives hate criticism.” It might be scary to let your true colors show in your content, but vulnerabilities boost creative ideas and marketing messages because they expose real human emotion. We’re all drawn to the stories that we can relate to, far more than the well-crafted and “safe” marketing scripts. Here are some tactics for expressing yourself in a vulnerable way:

 

  • Ask instead of tell. Dedicate some content snippets and posts to asking questions instead of giving answers.
  • Put somebody else on a pedestal. What personal qualities are you looking to strengthen? Is there somebody with those qualities whom you admire? Tell all about it.
  • Put yourself on a pedestal. This is particularly difficult for me and for many others. When we “shine” we set ourselves up for scrutiny. We may also feel un-humble when we publicize our strengths. A portion of humility, however, is found in the selfless act of sharing what we know and who we are. When we don’t share, we’re depriving somebody of the chance to benefit from our perspective, or to see something in a different light, or to feel validated, etc.

So here’s the thing: Tone and timing are a marketer’s toolkit for being relevant to your best target audience. You support the tone of your company and product by bringing your own personality front and center. You optimize the timing of your messages by being available and consistent among the deluge of marketing clutter. Nobody but you can voice your unique perspective. Now go make some relevant noise. Deeper dive at Harvard Business Review.

Marketers, Replace Bribery with Magnetism

Marketers, Replace Bribery with Magnetism

Jason Steed

Owner & CEO

Marketers, Replace Bribery with Magnetism

I find it interesting how, as a marketer, I’m so averse to advertisements. Maybe that’s because so many advertisements feel like bribes. Bribes are gifts, monetary or otherwise, given to someone in order to persuade them to make favorable and biased decisions for gain. Sound familiar? Truth be known, bribery goes beyond seeking business gains. That new toy may have ended your kids temper tantrum, and maybe in elementary school that candy bar got Ed Hansen to help you with your math homework, but marketers, it’s time to grow up.

Hey You. Want some Candy?

Yeah, it sounds a bit creepy, doesn’t it? Stated simply, bribery is a one-sided calculation which most often leaves a bad taste in your customer’s mouth. Much of marketing is built on the premise that the seller thinks they know what you want, and they’re interested in securing that exchange. At its heart, bribery is a push strategy, meaning marketers have pushed their agenda onto somebody else, often not knowing or even caring about the customer’s true motivation. You most certainly know how this feels as that consumer…perhaps it’s that persistent mortgage broker ad on your work commute threatening mortgage rates will “NEVER be this low again.” Or a promise of “fame and popularity” from a razor offering a closer shave.

Let’s Get Magnetic

Here’s what I propose as a marketing tool to replace bribery: Magnetism. A magnetic attraction—a 2-way process—changes the marketing equation from “push” to a “pull strategy.” Magnetism is strongest when the attracted elements are closest to each other. A magnetic approach to marketing requires two things: 1) that you understand your target audience, and 2) that you get your product and your people close to that audience.

The Big Catch

These critical steps in relationship marketing require a little vulnerability and a lot of attentive listening. Despite those budgets, deadlines and quotas tugging on you, casting with the wrong bait at the wrong time won’t attract what you want to catch. When I go fly fishing, for example, I am often ill-prepared for the questions of more-experienced anglers. “What type of fish are you trying to catch? What are they biting this time of year? What time of day will you be casting?” Believe me, I know those are tough questions to answer. They require time, research, a drive, and a little intuition. Your goal as a marketer is to anticipate the needs of your most valuable customers.

You’ve likely heard of right-time marketing—it’s a marketing principle that revolves around the customer buying cycle, encouraging marketers to look for triggers in buyer behaviors that tell you when they’re “biting.” Despite the influence that marketers have, it’s difficult for the best of us to have much of an impact on the customer’s pace in the buying cycle. Your marketing talents, time and resources are much better spent at seeing those magnetic moments when the timing is right. And, once you’ve got the right combination and the fish are biting, that same bait still not work so well the next time. But that’s a lesson for another blog. [get these images rotating or stacked with this above paragraph [targa_www/wp/wp-content-uploads/PICT2012.jpg, PICT2012.jpg, PICT2012.jpg]. And maybe add a “Caption” such as: {This is me fishing in June 2015 in VanCouver, Canada with my brother and dad. They kept this lake so well stocked that we could reel in Rainbow Trout with any bait and just about any time of day. On day 3 I wanted more casting practice and less catch-release practice, so I tied my fly on backwards to avoid hooking them.}

Dangling the German Carrot – A Case Study

Let’s say that you marketed a product that relied on a channel of resellers to sell your data storage products. Let’s say we offer your distributors generous rebates for units sold. Your promotional campaign might lead out with something like “Resellers, sell 10 units, pocket $100!” This scenario is very similar to how things played out with a Germany-based tech client of mine. Let’s assume that the results of your campaign are unimpressive (as they were with my client’s campaign,) so let’s up the bribe to “Sell 10 units, pocket $200.” I would bet that your result would amount to more units sold. Das ist gut, ja? An interesting thing will happen, however…sales of higher-capacity units will show a steady decline, and the social media chatter will shift toward price points and away from your brand value of convenient storage and quick access to secure data. Bottom line: You could suddenly find yourself acquiring the wrong kind of customer.

I’m not challenging the idea of a rebate program, but through some quick surveys among our client’s distributors we discovered that the true outcome that worldwide customers were looking for was a “secure data with room to grow” solution. By incentivizing “more sold units,” the 3rd party reps were pushing a solution with little magnetic attraction because the campaign did not focus on the value that was important to customers. Targa Media helped to formulate a new program to reward resellers based on “gigabytes sold.” This approach gave value to the full product line, thereby aligning the resellers to tune into the best solution for the customers and a more genuine desired outcome.

Marketers, be more attractive by being a value magnet. Attract customers based on what they want, not what you want. Take the time to research your customers’ behaviors, what makes them tick, what keeps them sticking around. And be agile enough to anticipate their evolving interests and opinions.