Marketing

Marketing

An extension of social media? The word on Ads

November 11th, 2009 by Andrew Swenson
Photo Credit: Stephen Gibson

Photo Credit: Stephen Gibson

Depending on who you talk to, it was either Lord Leverhulme (founder of Unilever) or John Wanamaker who first muttered the well worn phrase, “Half the money I spend on advertising is wasted; the trouble is I don’t know which half.” Either way, this quote is one of the most worthless pieces of word vomit spewed from the mouths of marketers today.

Are we really wasting parts of our budgets?

I have nothing against Tevor Young (@trevoryoung), but he like so many before him assumes an automatic and upfront wastage in the practice of advertising in his post (which was also featured on MarCom Pro).

Marketing

Twitter Lists and Influence: Shut up, Relax, and Measure Quality

November 9th, 2009 by Andrew Swenson
photo credit: Flaviu Lupoian

photo credit: Flaviu Lupoian

Besides the buzz about whether Twitter’s list function will make people feel left out (Chris Brogan; see also Robert Scoble’s rebuttal), there’s a lot of talk about how lists will be used to measure influence. Like so many things in the social sphere, most of these commentaries are shallow and don’t really consider all of the variables. But I can’t say I’m shocked.

The short-sighted claims

Skeptic Geek recently posted the following links as in intro to it’s analysis of present Twitter influence metrics (from Analyzing Twitter Lists-Follower Ratio As An Indicator of Influence):

Marketing

Seeing Marketing as Long-Term Investment (on iDea Anglers)

October 9th, 2009 by Andrew Swenson

When top line revenue declines (like during a recession), spending cuts often look like a great option for lifting your bottom line. You know what I’m talking about—layoffs and budget reductions.

While I think it’s financially wise to look at how we spend each of our business dollars, and while I concede that some budgets can afford to be trimmed (e.g. travel), one area I wouldn’t touch is marketing. In fact, I might expand it….

Read the rest on ideaAnglers

This post is hosted in its entirety on ideaAnglers.com

Marketing

Marcom – The Space Between Marketing and PR

September 4th, 2009 by Andrew Swenson

I was recently honored with the opportunity to write a guest post “Marcom – The Space Between Marketing and PR” on Abby Wambaugh’s (@abbyannette) blog, The Picaresque.

Abby is a top-notch communicator and  marketing manager at Greyound. If you don’t subscribe to her blog yet, you’re missing out.

So if you get the chance to check out my post, make sure you stick around and read what Abby’s got to say. You won’t regret it.

-Andrew

Marketing

Marketing & Misleading with Truth

July 24th, 2009 by Andrew Swenson

I contend that far too much marketing misleads with the truth.

As we move into an era of commerce that’s supposed to be marked by transparency and authenticity, marketing becomes more than a matter of simply presenting the truth—it becomes matter of presenting the truth ethically.

Take the latest sleazy move by Jim Cramer (of Mad Money fame) for example.

In attempt to sell email newsletter subscriptions, Cramer lent his signature to a series of seedy emails that claim subscribers will earn big bucks by “taking on the market” with Cramer himself. From Henry Blodget (@hblodget) on Business Insider:

Marketing

Measuring Social Media ROI

July 21st, 2009 by Andrew Swenson

A few days ago I officially made my ebook debut—a sound byte Twitter tip in a book sponsored by Best Buy and HP (download it here):

Twitter is about connecting with real humans. People before profits. Relationships before ROI.

My point was not that profits or ROI are unimportant, but that Twitter (and social media in general) is a place where you must place primary focus on your customers or prospective students…who happen to be real humans.

Marketing

The opt-in isn’t enough. You have to communicate too!

July 7th, 2009 by Andrew Swenson
Jen & soba
My wife Jen @ Gomen Kudasai

I think that sometimes, building relationships with customers can be as easy as  a well-executed email thank you campaign.

Last week my wife and I ate at Gomen Kudasai, one of the most phenomenal Japanese restaurants I’ve ever set foot in. As I was walking out I saw a binder spread open with spaces for my name and email.

Partly because I was still on a Niku Soba high, and partly because I wanted to peer into their marketing plan (insert devious face), I signed up.

Marketing

Future Marketing: More Time Cost; Less Advert Cost

June 9th, 2009 by Andrew Swenson

In a recent interview, Bob Hutchins and Greg Stielstra claim that demographics no longer rule the marketing roost, ideology does:

…there are no Facebook groups for traditional segments like women 25-54 or households making $75k+/yr. Instead, people define themselves according to their interests [...] which is why there are Facebook groups for Scrapbooking, Yoga, and fans of the Green Bay Packers.

All of this is exciting and scary to me as a marketer. It’s easy identify 25-54 women living in households that made $75k+/yr. It’s hard to know who’s an avid scapbooker.

Marketing

Marketing and Sales: Road Trip and Prosper

June 7th, 2009 by Andrew Swenson

A few days ago I read Christine Crandell’s post on Forbes about integrating sales and marketing. Although the post was nothing that hasn’t been said before, I did appreciate this sentiment:

“The cultural shift [of sales and marketing integration] begins with the development of a common language…”

But do we find a way to make that cultural shift? How do you create a common lingo, demonstrate the value of each department, and develop strategic goals across departments?

A road trip.

A really long road trip to visit a prospect or client.

Marketing

Top Schools Invest in Marketing. The Lesson: Respect Choice.

June 1st, 2009 by Andrew Swenson

According to AdAge,* some upper-tier schools (e.g. Cornell) are investing more in marketing than they ever have before.

Frankly, I’m not surprised. Universities no longer have the power, students do.

Not too long ago, institutions of higher ed could self-select simply by seeing who applied and rejecting those they didn’t want, especially schools of Cornell’s stature.

That’s not the case any more. Schools now fight over the best and brightest students for many reasons, but it’s my opinion these two are the most important: