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This historic day can help you win too

Opening a book opens your mind, birthing new understandings. I3-ObamaProgress-022508 was 14 and the book was The Selling of the President. Joe McGinniss fascinated me with how Richard Nixon was packaged, presented, and sold.  I came to understand that the world is a series of marketing propositions. Barack Obama must have read the same book.

Obama's not only President-Elect, but Advertising Age Magazine's Marketer of the Year, beating out Apple, Nike, Coors, and, of course, John McCain. (The Arizona Senator came in  6th.) Al Ries wonders why more advertisers don't look at Obama's victory for clues to their own success.

Ries and Jack Trout authored the seminal work on modern branding, Positioning: The Battle for Your Mind and later wrote the timeless, 22 Immutable Laws of Marketing. Chances are if you're reading this, you've read both; if not, make a point to do so.

Obama's branding success is built on three basic principles: Simplicity, Consistency, Relevance.

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BMW’s risk nets viral success

Viral marketing is a chancy game. The best madeMkaq247_advert_20080619175556 plans have blown up on companies like Wal-Mart and
TBS . When the public discovers what seems real is just a marketing ploy, it’s not just ineffective, it’s damaging to the brand.

BMW rolled the dice with a mocumentary film about a Bavarian town attempting to launch a car off a ramp and have it land in the the United States. The Wall Street Journal (subscription required) Even though its corporate roots became known, the film was still a success. It has been copied and distributed widely> Merchandise for the fictitious ramp jump is even being sold online.

So, why did BMW succeed where others didn’t? Wal-Mart posed as RV’ers crossing the country; it was fake and drew RV’ers in one dimension. TBS stunted timers all over Boston only to have them mistaken as terrorist devices. BMW, in comparison, made good-hearted fun WITH the Bavarian lifestyle and sought to promote something as innately Bavarian as beer.

Viral works when it affirms something the viewer can easily believe and embrace. Authenticity again is the draws the line in viral marketing between success and powder burns.

Continue reading to see an excerpt of the film.

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Wrestling for brand credibility

768pxroller_derby_1950_3Roller derby and wrestling, once staples of late night and remnant weekend slots, have become mainstream. It was campy fun back then. It’s big money now. Where big money goes, so goes controversy. This one has lessons for you.

WWE is going to the mat defending itself after being featured in CNN’s expose, "Death Grip: Inside Pro Wrestling." In the days when wrestling was just fun, this story would have been equally laughable–as would be  options for fighting back.

The WWE is seeking transparency on this story, posting both the unedited interview and the edited excerpt used in the broadcast. Does CNN twist words with an edit? Or, do they drill to the essence of the comment. As Fox News might say, we report, you decide.

The bigger point: WWE is doing it right. Daylight is the best disinfectant and transparency is the most disarming defense because it is based in authenticity. Protecting your authenticity increases your messaging magnetism.

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Supermarket Hostages

Shopping_cart
Being handcuffed to a shopping cart isn’t the best way to build trust. But, that’s how customers feel about so-called supermarket loyal shopper cards. That’s because the premise of the cards violates a basic principal of attraction marketing.

Two-thirds of a typical supermarket’s business is done by 20% of its customers, according to the Food Marketing Institute. In the years since loyalty cards first premiered in 1979, that ratio has stayed about the same. Retailers’ intention of building more volume from more customers has resulted in just getting roughly the same volume from the same customers at a discount–to the retailer.

Last year the Hartman Group surveyed 989 shoppers nationwide and found that while 85% of shoppers owned at least one of these cards, about a quarter had three or more. I have four. How about you?

Reward me with special deals because I’m a loyal shopper. Sounds like a good deal. And, it would be if that’s how they were executed. Instead, these cards are just another leash yanking at the customer for the self-interest of the retailer. In the good old days of Attention Marketing, that might have worked–for a while.

Knowing what I want and helping me find it forges relationship, opening the door to loyalty. What if a scan of your card upon arrival produced a guide to where things you want are located (since they seem to keep moving; another retailer self-interest trick) and maybe offer discount advisories on similar or allied products. Or, what if the card produced a report each month of purchases summarized by sodium levels, fat grams, etc. Helping means understanding; understanding happens when interests are aligned.

Attraction Marketing is about connecting, not directing. Attraction works on an emotional level where trust stands guard with its finger on the button; cross it once, and you’re toast.  Loyalty is a two-way street. An authentic connection with customers built on mutual interest will attract long-term commerce. Deep discounting violates this principal; learn why after the skip.

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