4 Ways to Waste Great Marketing Opportunities
Most companies are really eager to talk about how
great their products and services are. Guess what? No one cares -- unless those
products and services address their needs in some way. If you want to deliver
communications of value, turn the equation around: What need does the product I
want to talk about address, and what does the story of that need look like from
the customers' points of view?
CRM has always purported to be about relationships, but it's often used primarily for sales. That's kind of a good news, bad news situation. The bad news first: CRM got a bad rap when it didn't become a sales panacea (mostly for adoption issues). The good news: It exposed a void in the mix that marketing automation rushed to fill.
Marketing automation in tandem with CRM gives
businesses the tools they need to build relationships. As any couples counselor
will tell you, the key to successful relationships is communication, and
marketing automation opens the gates to coherent, trackable and measurable
communication with customers, without growing marketing department headcount in
an unacceptable way.
Just because you can choose good tools, however,
doesn't mean the final product is going to be great. I have a neighbor who's a
DIY weekend warrior, and while he might be a great guy to borrow tools from --
because he buys the very best! -- his house looks like it's leaning to one side
and the paint is patchy. It's not owning the tools -- it's what you do with
them.
So having a good set of CRM and marketing tools at
your disposal is nice, but it won't get you far if you use them wrong. As has
always been the case when new technologies become available, businesses have
found ways to misuse them. Luckily, these misuses generally follow the same
path. If you're aware of these pitfalls, you can steer clear of them.
Following are four ways companies frequently fail when
communicating with their customers.
Communicating Too Much
We all have friends who seem to live on Facebook or
Twitter. Their constant posts are rarely about anything interesting, but
through sheer volume they dominate your news feed to the point where you're
tempted to unfriend or unfollow them, or at least filter them out so you don't
have to see their blather. Over time, you learn to tune them out and skip over
them as you scan your messages.
Guess what? If you're hitting your customers and
prospective customers with message after message, they're tuning you out, too
-- even if what you're saying has value to them. Just because you now have the
tools to communicate with customer, it doesn't mean you should do it
compulsively and constantly.
You're asking customers to give you the gift of their
attention -- a precious and finite commodity. Abusing that gift is going to
backfire, and it's unlikely you'll ever get their attention again -- at least,
not through the media you've just proven you can't handle.
Failing to Communicate at All
The flip side of this is being so reticent that your
tools go to waste. It's a smart thing to speak only when you have something to
say, but that means you have to be on the lookout for things customers will
want you to share.
This is where marketing needs free rein -- and perhaps
an editorial calendar based on product releases, events and awards. Customers
don't want a relationship -- they want the benefits that relationship brings
them (as CRM guru Mitch Liebermanhas said many a time).
Thinking about what benefits the customer from
communication with them can help you understand when to communicate as well as
what to communicate. Which brings us to the next thing you should avoid
doing...
Talking About Yourself Instead of the Customer
Most companies are really eager to talk about how
great their products and services are. Guess what? No one cares -- unless those
products and services address their needs in some way.
If you want to deliver communications of value, turn the equation around: What need does the product I want to talk about address, and what does the story of that need look like from the customers' points of view? Instead of talking about your solution, talk about the customers' problem: why it happens, how it can be resolved -- and how you can help with that resolution.
If there's no problem to address, it should tell you
something. One, you don't need to communicate with the customer; and two, you
may want to reevaluate what you're selling.
Doing this is easier said than done. It takes some
talent, empathy and creativity to tear yourself out of the role of someone
marketing something and to imagine yourself in the role of a buyer - if only
because you spend most of your day in the marketer role.
However, your company is not the most compelling
character in a story you share with the customer -- the customer is. If you can
place a customer into your storyline as the main character and not as someone
who stumbles in at the end of the story with cash in hand, it's a lot more
likely your communication will connect.
Failing to Listen and Learn
If you've been paying attention for the last six or
seven years, you know that communication in the social era is a two-way
exercise. Simply broadcasting your messages is not enough -- you need to
analyze the effects of those communications.
That's something marketing automation applications can
help with, by tracking responses to marketing emails; it's also where analytics
comes into play as you see the effects of your communications reverberate
through social media.
Listening is a great thing. It allows you to
understand if what you're doing is working (if so, do more things like that!)
or if it's not (if so, stop it and try something else). You should treat it
like the navigation system for your journey -- it will tell you if you're
getting closer or farther from your target.
Amazingly, most companies don't do this -- they trust
that their efforts are on target and they plod along, willfully unaware of
whether what they're doing is of value to customers or not. The companies that
have learned to listen and analyze have the ability to tune their
communications for maximum effectiveness -- and to gain a competitive
advantage.
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