Thursday, April 16, 2009

Ad Age's Five New Rules For Marketing

The flat-earth, digitized world described by Unilever CMO Simon Clift is one in which the marketing norms have changed. I don't think anybody will argue about that.
Here are Ad Age's "New Rules" which definitely apply to the multicultural market:
1. Listening to consumers is more important than talking at them. As Mr. Clift said, "We may be ahead of our competitors, but we're most definitely behind consumers." The consumer is not a moron, she's the person defining your brand.
2. You can't hide the corporation behind the brand anymore -- or even fully separate the two. Even this editor's creaking computer only took 0.13 seconds to show that Philip Morris is owned by Altria Group. Welcome to radical transparency, where bad corporate behavior will damage your brands, and vice versa.
3. PR is a primary concern for every CMO and brand manager. If "marketing" and "PR" are not the same department, tear down the wall. Spend time deciding whether PR is underleveraged in your organization.
4. Cause marketing isn't about philanthropy, it's about "enlightened self-interest," as Mr. Clift puts it. That doesn't mean it doesn't count. Don't be ashamed of your profit motive, because great branding and doing good are increasingly one and the same.
5. Social media is not a strategy. You need to understand it, and you'll need to deploy it as a tactic. But remember that the social graph just makes it even more important that you have a good product. Put another way: The volume and quality of your earned media will be directly proportional to the impact and quality of your product and ideas.
I will add one more point:
6. Your consumers are no longer homogeneous. They are a rainbow of colors, with different ethnicity, background, culture, expectations, behavior, language etc. When you listen or talk to them, do it sincerely. Yes, even though they may not be same as you, they are not morons.

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