Some people try and debunk the move to analytical marketing. Their arguments are usually that the numbers don’t matter, that it’s impossible to track things such as social media, and that getting caught up in analysis takes you away from what’s really important in marketing. Many of these arguments come simply because the [...]
Let’s illustrate further the principles discussed in yesterday’s post. Sometimes it’s best to learn by example, so I’ve embedded two ads below. Take a look.
Although both of these commercials can be considered entertaining, one of them was effective and the other a failure. It’s easy to see why when you consider which [...]
We market to people because we hope that our messages will spur them to take action. Can your audience easily see how your message fits into their lives? If not, there’s a good chance they won’t take any action on it.
In Malcolm Gladwells’ book, The Tipping Point(affiliate link), he cites an interesting case [...]
A little while back we did some work with a company’s web analytics data. Their online revenue had doubled, and they wanted to know why. The answer to the question was not obvious, and only after extensive analysis did it present itself. It’s useful to see the process of how to use [...]
Today’s market is transparent. With the advent and popularity of web 2.0, everything your company does can be tracked, recorded, discussed, and reviewed. And all of that information is freely accessible to anyone with an internet connection.
Because the market is going to get more and more transparent as the tools of [...]
Seth Godin recently explained a principle he calls “First, Ten.” An interesting idea of this principle is that spending time with the few in order to reach the many is, in fact, more effective than spending time with the many to reach the many.
The Magical Penny
We all remember the trick we were taught [...]
For any business that has not yet heard of groupon.com, it’s definitely worth your consideration. They use the power of collective buying to deliver a great value proposition to both consumers and businesses. Businesses get risk free advertising, new customers, and increased revenue; consumers get great deals and find out about new products [...]