Don’t build your content house on rented land

Build where you own the land, distribute where the audience is.

Before distributing, ensure it’s worth visiting. 

This pretty much sums up the whole post. 

If you are already doing it, kudos to you. And you don’t need to read this post :). But if you’re confused about the balance between owned and rented, you may proceed further.  

I understand that the rented land is lucrative. It’s crowded, abuzz with activities and attention. 

Pretty much every marketer’s dream and KRA – to be present where the attention is. 

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The psychology behind countdowns

100 days to…

2022

Yes, as of today, we are just 100 days away from a brand new year. Does it matter? It may, or may not, depending upon the context. 

While for many things, life continues to go on as we transition from one year to another. But in case you are someone like me, who sets yearly goals and personal milestones, perhaps it’s the best time to revisit them. 

Why?

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Attention Economy 2021

Dealing with Attention Economy in 2021

Attention. 

Pay Attention.

Pay For Attention.

Attention Economy.

Attention Is Scarce.

Value Attention.

Some of the lines I speak and hear quite often at work and home. The challenge is the same across both spectrums of my life – attracting the attention of my target audience. 

At home, the target audience being the spouse and the child. And goal being making them listen to me at one go. This isn’t easy, at least in my household! Especially with the spouse. So, when I see my spouse reacting to the child not paying attention. I try to remind him of a simple rule. If you want the child to listen to you when you talk, you have to do the same. Pause from browsing your screen. Look into his eyes and talk. The child will reciprocate. Kids imitate us, sometimes intentionally, most of the time unintentionally. 

Attention pays back. This is tried and tested. It has worked for me both as a mother and a marketer. 

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Stories humanize brands: Lessons from B2B brand storytelling

In my last post, I mentioned how festivals bring out some of the best marketing campaigns of the year. From Diwali in India to Christmas across the globe, we get to see brilliant films and creatives during this time of the year. The year 2020 of course has been different. Pandemic has changed the rules of marketing to a large extent. But the festive spirit is still alive in the market. I’m sure we will get to see a lot more brilliant marketing stories in the next one month.

Two participants from my last workshop messaged after reading this post. Their feedback – it’s easy to evoke emotions and build stories around B2C brands. How about B2B? This is one question that makes me smile. I get this question asked in almost every session, especially when I am interacting with tech companies. And every time my answer remains the same 🙂 –

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Choosing your marketing channels

Many a times while conducting sessions on product marketing, I have audience profiles mix from both B2B and B2C organizations and more often than not, the standard assumption that I get to hear from these professionals would be:

I would like to learn “Linkedin Advertising” in detail as I am from B2B background and vice versa, i.e., I would like to learn “Facebook/Instagram Advertising” in detail as I am primarily from B2C background.

This I hear many times. When I say, many times, I really mean many-many times.

When I probe further and ask which digital channel do you think a brand like Mercedes Benz should advertise on? The answer in almost all sessions have been – it’s a B2C brand and hence Facebook.

It’s amazing to encounter this channel wise categorization time and again, this belief that LinkedIn is for B2B products and Facebook/Instagram is for B2C products. On a broader level, they are not wrong, that’s how these products have been positioned in the market – LinkedIn for business networking and Facebook for social networking.

But then we discuss case studies like this or this. How for a brand like Mercedes that needed to target the affluent segment, the information and “relevant targeting” options for their segment were available more on LinkedIn. And how a marketing professional like me ends up engaging with the content of HubSpot or MailChimp even on channels like Facebook or Instagram where I am “not” there for any professional networking. 

Top – Linkedin, Bottom – Instagram stories

When it comes to marketing in today’s era, where the thin line between our browsing behavior of personal and professional content at home or work is diminishing, where the amount of information that we are leaving on each platform varies, this channel wise assumption actually doesn’t hold much significance now. 

More than the positioning of the channel, what is important is to go back to the basics of marketing which starts with:

– Who is my target audience?

– Where do they hang out?

– Where can I reach them more effectively?

– What kind of message would resonate with them on each channel?

– When is the best time to approach them?

The moment you will shift your focus from channel segmentation to audience segmentation, you will automatically get clarity on where you can target your audience better. 

In fact many a time, you will end up doing multi-channel marketing, select your channels wisely. Of course, run after the obvious ones but don’t abandon any channel just because it has been positioned in your mind as B2B or B2C. If your audience is there, it’s time for you to think why not? 

Before you think of channels, think customers.

Business lessons from the grassroots

Some of my recent consulting work gave me the opportunity to meet and interact with small business owners from different parts of the country, most of them actually from tier 3 cities and beyond. These are small business owners with a formal education level of either 12th or graduation, typically operating out of certain areas in their respective towns and are doing profitable businesses worth few crores every year.

Both the projects that I am consulting for are around digitization and these require me to have an in-depth understanding of how these businessmen operate and their respective selling philosophies.

To say that it was an enriching experience would be an understatement. While I have been closely associated with startup & entrepreneurship world for more than a decade now but the kind of insights you get when you meet these grassroots level entrepreneurs is unparalleled! 

No formal MBA degree, no entrepreneurship certification, yet a powerhouse of business wisdom and practical knowledge nuggets.

After meeting a few of them, I got so fascinated with their understanding of sales, marketing, customer relationship that I started taking notes :-).

Sharing some that I loved here translated into English. These are lessons that we know of, perhaps learned through books and repeat many a time during our conference room sessions, but listening to these from real doers in absolute rural language, was nothing less than fascinating :-).

Me: How do you always manage to sell higher ticket items? 

Him 1: I don’t jump to selling directly. I first work towards building my relationship with my customer and build the trust. People here value my suggestions and words, once that trust is established, it’s not difficult to sell anything. (One line verbatim: “madamlong term dhanda karna hai toh sabse zaroori hai grahak ka vishwaas jeetna”).

Winning customer’s trust is very important to do a sustainable business.

Me: You have created two very different type of leaflets for the same product, why? 

Him 2: Product is same but positioning matters. I customize my offering depending upon who is buying from me (One line verbatim: “jo vigyapan aapke aankh ko jachega wo zaroori nahi ki mujhe bhi jachegajisko jo jacheusko wo dikhao sabse pehle”).

Segmentation matters and so does contextual targeting!

Me: Commuting to your place isn’t easy, yet people come to you for the repeat purchase. Why?

Him 3: I first start with understanding the general lifestyle and need of my customer. Instead of selling my product, I try to provide a solution to their needs. (One line verbatim: “itna competition hai market main, sabse peel aap decide karo aapka grahak aapse hi “kyun” khareedega. Ye “kyun” bah zaroori hai madam”).

Start with a “why”, why will someone buy from you?

Me: You have changed the corporate brochure, but that’s not allowed. Was it because you wanted it in the local language?

Him 4: Who cares for the features explained in a brochure unless it doesn’t communicate the benefits? Instead of saying good things about the product, I say how it can benefit you or add value to your life (One line verbatim: Kiske paas time hai aajkal itna padhne ki, kisi ko kya padi hai ki humara product kitna mahaan hai, agar aap grahak ko ye samjha do ki humara product uski zindagi ko kaise asaan ya behtar kar sakta hai toh wo jhat se le leta hai”.

Keep it simple and focus on benefits more than the features.

And my most favorite one 🙂

Me: You started working for the first time at the age of 48 and now I can see you’ve employed only women at this place. Wow, how did you convince them to come out of their homes?

Her: It’s easy, I didn’t convince them about working, I just showed them the change in my lifestyle. I am the first woman in this area to have my own Alto :-). In our area, when men work, its for food & shelter but when women also start to earn, it leads to a better lifestyle (One line verbatim: khana, ghar toh aadmi log la ke de dete hai, lekin apni marzi ka saree, ye selfie wala mobile phone ke liye apna income bahut zaroori hai”).

The lifestyle and prosperity of a family grow when a woman starts earning.

Aren’t these insights amazing? I so wish, I had recorded these responses and shared with you all. Would have been a gem of a podcast coming straight from the doers of Bharat :-). 

Digitization of Indian Cinema & World Movies

A quick update: Would like to share two of my articles which got published on two different portals this week, thanks Pluggdin & BlogAdda for selecting these!

Would love to see your comments on these.