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A Market Strategy to Copy

January 11th, 2008 @ 6:24 am

26 Comments

Categories: Blogroll, General

Tags: Strategy, Xerox Corp., Marketing Research, Sales Strategy, Marketing, Sales, Geoffrey James

Over the past couple of weeks, I’ve been ragging on Marketing. I’ve accused marketing groups of wasting money on pointless activities that do nothing to make it easier or cheaper to sell. Well, I take it all back, because this week I came across such an incredible example of effective marketing that I simply must share it with the world. After you read about this amazing marketing move, you will realize, as I did, that my previous criticisms were callow and without substance.

The company that I humbly praise today is Xerox. Just in case you don’t remember, Xerox isn’t exactly known for its marketing acumen. Xerox, for example, had a desktop computer functionally equivalent to the Apple Macintosh years before Apple — but failed to market it. And they’ve spent the past twenty years (and hundreds of millions in marketing dollars) exiting the copier business — a move that makes about as much sense as Google exiting the search engine business, Fedex exiting the overnight delivery business, or Kleenex exiting the tissue business.

Considering its long history of bonehead marketing, Xerox’s recent coup seems all the more remarkable. In a flash of strategic brilliance unequaled in modern times, Xerox Marketing has added a croquet ball to their corporate logo.

I kid you not. Here’s the old corporate logo, which dates from the days when Xerox was the most innovative company in high tech:

Xerox's Old Corporate Logo

And here’s the new corporate logo, just announced this week:

Xerox's New Corporate Logo

I can only imagine the wild expressions of joy and relief among Xerox’s long-suffering sales teams when the new logo was announced. There’s no question in my mind that having a croquet ball in your corporate logo is the best way to generate new revenue and reduce the cost of sales.

Better yet, from an ROI perspective, the new logo probably only cost Xerox only a few million dollars in market research — and will only cost a few million more to change all the brochures and stationery.

But that’s not the best part. Here’s a quote from the official press release:

The new Xerox logo is now a lowercase treatment of the Xerox name - in a vibrant red - alongside a sphere-shaped symbol…designed to be more effectively animated for use in multi-media platforms.

Yes, they’re going to animate the croquet ball! Brilliant! It’s simple logic that if a croquet ball in your logo will increase sales, making the ball roll around the screen will send revenues through the roof!!!

I have only one minor complaint. Xerox should come up with a new tag line, one that emphasizes this bold new marketing strategy. Here are my suggestions:

  • Xerox: We’ll send you through hoops!
  • Xerox: We go round and round and round!
  • Xerox: We’re really balling with you now!

or my favorite:

  • Xerox: We have only one ball!

Got any more suggestions?

Next week: Nothing about Marketing. I promise. I’m thinking maybe something about how to get to decision-makers. All things considered, I figure that sales pros need all the help they can get. Because they sure ain’t gettin’ it from Marketing.

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  •  
    1

    Mark Pilipczuk

    01/11/08 | Report as spam

    Wonder how much the rebranding really cost?

    I'm guessing that over 18 months and 5,000 people, it must have been well
    into seven figures, not including the opportunity cost associated with the time
    and effort to run the process.

    Did you notice that Xerox (or is that xerox?) had their VP of "Advertising" as
    the key exec? Harkens back to the days of the man in the grey flannel suit.

    You know that the marketers in the company are very shortly going to want
    to drop the "xerox" and use just the ball device in promotional efforts,
    because there's a lot more you can do graphically with the ball.

    Unfortunately, when I see the ball, the only thought that pops into mind is
    "festering boil."

  •  
    2

    oakye

    01/12/08 | Report as spam

    thanks

    Thanks Geoffrey. From here on out I will forever see a big croquet ball when their new logo flashes past my eyes.

  •  
    3

    ivanjay

    01/14/08 | Report as spam

    RE: A Market Strategy to Copy

    That is hysterical. I am going to enjoy sharing this with my team, some of which perform marketing tasks, in my weekly meeting in 30 minutes.

    Great timing!

  •  
    4

    rhonet

    01/14/08 | Report as spam

    RE: A Market Strategy to Copy

    Why so bitter?

  •  
    5

    Geoffrey James, Sales Machine

    01/14/08 | Report as spam

    Not bitter...

    I'm feeling more sardonic than bitter.

  •  
    6

    Aimee333

    01/14/08 | Report as spam

    RE: A Market Strategy to Copy

    I'm sure it cost an unreasonable amount of money - However, as the Marketing Director/Sales Director of our company I look at it a little differently. Changing the logo, gave them a FRESH boost for marketing, Yes, new material, more exciting production value. A true salesman would take this opportunity to include the other great things about the company that are changing and improving - realizing that a logo isn't just a logo - but it is a symbol of a new company approach - But I would also look at ROI - That would have been done first before the company went broke developing a new logo.

  •  
    7

    Geoffrey James, Sales Machine

    01/14/08 | Report as spam

    Laughing stock...

    The problem is that most B2B customers think this kind of "marketing" is either irrelevant or ridiculous. Neither perception helps you make a sale. But, sure, the best approach is to put your best face on it. In fact, maybe the sales reps could hand out croquet balls to their customers. But still -- what a waste of time and money.

  •  
    8

    amarjeet

    01/14/08 | Report as spam

    small to big ball

    The ball also looks like a designer Big red Fullstop after a small size xerox. May be a beginning of a Big Xerox......

    amarjeet

  •  
    9

    dickwilson2882@...

    01/14/08 | Report as spam

    RE: A Market Strategy to Copy

    Thanks. I love your sarcasism... very good. I haven't had that hard of a laugh in weeks. It was great. I will be sure to keep reading you now...

  •  
    10

    snookerwolf

    01/14/08 | Report as spam

    RE: A Market Strategy to Copy

    I am sure you poo poo'd Bell's decisions to rename their company Verizon . . can you hear me now?

  •  
    11

    JD_Ark1

    01/14/08 | Report as spam

    RE: A Market Strategy to Copy

    How about this one?
    "xerox - because it's our ball."

  •  
    12

    Telamar

    01/14/08 | Report as spam

    RE: A Market Strategy to Copy

    This is great, I have shared it with marketing friends of mine - who actually add value in their companies. We both want to know how we can get paid those bucks for coming up with ideas like that?? Here in NZ you could make it a cricket ball and open up a whole new series of slogans "seamless transition" "Bowling a good line this summer" etc etc LOL

  •  
    13

    boydroge

    01/14/08 | Report as spam

    RE: A Market Strategy to Copy

    Throwing bricks over the wall at marketing & vis-a-versa is about as helpful as Bush in Iraq. You've got limited time on this planet, think & add value instead of feeding everyone's inner kid (Mum, but she did...). There is sufficient animosity out there already, why don't you make it your mission to heal the marketing / sales rift? What's a positve thing for a sales person to do when faced with something that seem's like bollocks from a sales perspective?

  •  
    14

    Geoffrey James, Sales Machine

    01/14/08 | Report as spam

    Good question

    The only thing you can do is quit... or try to make the best of things.

    But seriously, one of the reasons that bad marketing continues to exist is that it becomes a parasite that doesn't kill its host.

    I'm like the doctor who points out that businesses would be healthier if they did a little corporate de-worming.

  •  
    15

    boydroge

    01/15/08 | Report as spam

    A Market Strategy to Copy

    ...can't fault you on that, the corporate world needs deworming to the sum of about 50% as far as I can see, lets hope the side effects of the medicine fm the Doctor is not more sickness. I read the glee with which some sales people were going to use this to whip those marketeers butts with, which b/c of it's delivery will achieve little more than more animosity I suspect, which is a waste of space to me...cheers (frustated GM)

  •  
    16

    biss13

    01/14/08 | Report as spam

    How about this one?

    xerox: because now we have nothing better to do

  •  
    17

    Geoffrey James, Sales Machine

    01/14/08 | Report as spam

    My favorite so far.

    Nuff said.

  •  
    18

    Andrea Z

    01/14/08 | Report as spam

    RE: A Market Strategy to Copy

    Sarcasm aside, if you really LOOK at the new logo, you might see that it visually embraces what's happening in XEROX's immediate business environment in the 21st century - it does appeal to a younger, more connected (read: visual-platform, web-based, gaming, virtual reality) generation and is a much needed update to its more static predecessor. I like it.

    Not sure if you're advocating that updating/evolving one's visual "brand calling card" is a bad idea and not worth the cost - I would suspect that a company like XEROX makes a move like this once it has evidence that its visual symbol no longer resonates with its customer base. I would also suspect that this logo change is not being done in isolation, but is part of a larger re-positioning strategy - otherwise, yes, it would be a waste of marketing dollars.

  •  
    19

    Geoffrey James, Sales Machine

    01/14/08 | Report as spam

    Oh boy....

    ...you've been reading too many press releases.

    No, it's not appealing to anybody. It's a croquet ball. It looks stupid. Even if it looked fabulous, it would still be irrelevant, because Xerox is pretty much in the giant printer business. They don't need to appeal to a younger audience. They need to sell B2B, and that new logo just makes them look silly.

  •  
    20

    Andrea Z

    01/14/08 | Report as spam

    Taking a positive view...

    Well, since we're still speaking about the logo in isolation - ie without knowledge as to whether the change is part of a larger overall marketing plan, arguing against your personal taste judgment(you see a croquet ball, somebody else might see a button on a copy machine)is rather mute. Taking a positive view, this change might give them something new to talk about and in sales, don't you always want to have new things to talk about, albeit even if they're esoteric in nature, to help build rapport and get feedback from your customer base?

  •  
    21

    Geoffrey James, Sales Machine

    01/15/08 | Report as spam

    A More Positive View

    Maybe you've got a point there. I'll get a positive attitude about lousy marketing as soon as I work on my current emotional project, which is getting a positive attitude about this darn tapeworm I've picked up.

  •  
    22

    EASTeam

    01/15/08 | Report as spam

    RE: A Market Strategy to Copy

    Love it - Hilarious & Agreed - Right on the mark, as usual... They certainly dont "get it" - this would be embarrassing for 1977, clearly for 2007

  •  
    23

    SteveRider

    01/17/08 | Report as spam

    xerox balls

    I usually disagree with your snarky commentary about marketing, but this time I'm on your side of the argument. No doubt they spent millions on rebranding. Unless they're planning to launch a new line targeted at a new market, it's pointless.

    As for your comments about it being a stupid design, you'd do well to learn something from the marketing folks - your opinion doesn't matter, only the opinions of your customers and prospective customers matter. If more marketing and sales professionals followed that axiom, I suspect we'd have better products and better customer satisfaction. I doubt that Xerox polled its customers and asked if they thought the logo needed a makeover.

  •  
    24

    Geoffrey James, Sales Machine

    01/17/08 | Report as spam

    Probably not.

    I'll bet that all the research was based on focus groups. Which isn't really research, of course, any more than anecdotal evidence is evidence.

  •  
    25

    mroelands

    12/11/08 | Report as spam

    RE: A Market Strategy to Copy

    Very good Geoffrey. Now that you've exposed marketing, can you target these dishonest politicians?

  •  
    26

    Fotoguy

    01/14/09 | Report as spam

    RE: A Market Strategy to Copy

    Ball's to the wall printing solutions...?

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