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Find, acquire and retain customers.
Ninety Percent of
Marketing Materials Are Wasted
Tips to Prevent That
by
Dale
Wolf, SENIOR
Marketing Manager at Cincom
There's
a natural rivalry between marketing and sales, but both silos are (or ought to
be) doing the same thing. Marketing might be a bit more focused on a consistent
brand message and sales might be more focused on engaging specific prospects.
But neither can succeed without the other. Too many in one of the silos want to
take all the credit for successes and point at the other silo when there are
failures. Better, by far, to go the whole journey together.
A Few Statistics
The average tenure for a CMO is just 23 months according to the CMO Council.
The collateral produced by marketing almost never gets used in the field ...
50% to 80% according to the American Marketing Association is wasted and the
figure is up to 90% wasted according to Frost & Sullivan.
Ninety Percent
Wasted
The typical sales rep spends 40% of his or her time customizing or reworking
brochures and presentations, but most reps are not trained to do this well.
The Ideal Brand Message Has Four
Components:
-
What we do
-
How we provide value
-
How we do this uniquely
-
Evidence to support the
claim
Clearly No Clarity
This brand message should be delivered with clarity, with
consistency across all touch points, and with relevance to deliver compelling
motivation. And yet, according to the CMO Council, 75% of marketers indicate
their companies cannot achieve this requirement.
What must change to improve the effectiveness of
marketing messaging that is delivered in the field?
Discover Discovery
Start with a discovery session to learn what
content and messaging reps will actually use. Make sure everyone on the team knows
exactly how your company provides value to customers ... value that customers
will actually find valuable. Get this down to the elevator speech that everyone
can buy into. Then make it easy to modify this messaging in the field while
adhering to brand consistency. Make it easier for sales agents to get at the
best matrix of content assets for use in a particular sales situation.
Get Better - Get Used
If done well, it will dramatically reduce the time that
reps need to spend getting ready to engage and expand the time they spend in
front of prospects. The content will get better, will get used. The value
proposition will convince prospects they need to do business with you.
Or, we can all keep doing this the same as we are doing
it today ... and have 50 to 90% of the effort wasted.
About Dale Wolf
From sports journalist and editor
of an international trade magazine, to marketing director for three companies
before founding WBK, which became one of the 50 largest promotional marketing
agencies in America, Dale helped pioneer contextual marketing for successful
brands at P&G, Pepsi, Disney, Toshiba, Compaq, Imation, 3M - and now for Cincom.
Dale is
also Managing Editor of the Simplicity
Blog and author/publisher of the Context
Rules Marketing Blog. Dale can be reached at dwolf@cincom.com or 513-612-2470.
[PRINTER FRIENDLY VERSION]
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