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The Unwritten Rules of Corporate Marketing

June 12th, 2008 @ 4:30 am

3 Comments

Categories: Humor, Management, Marketing, Sales Process, Watercooler

Tags: Reader, Chances, Marketing Research, Sales Strategy, Marketing, Sales, Geoffrey James

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A reader writes:

Hi, I’ve worked in this local company for almost 3 years. I have been struggling to convince the owner that promoting our product is an essential element for the product to succeed in the market. How do I make a great Integrated Marketing Communication proposal so he’ll be convinced to throw big money at the campaign?

Let’s start with a quick diagnosis. You’ve been working in a company for three years, so naturally you know more about how to make your company successful than the man who owns it (and probably built it). You’re finding it difficult to do your job, so you want the owner to spend a lot of money on marketing, presumably in the hope it will make your job easier.

I believe I can help you out here. As you have (obviously) already figured out, spending lots and lots of money on Marketing is a good idea, because:

  • You can claim credit if sales increase. If sales go up, you can claim that it was the money spent on marketing that resulted in the increase in sales. Since there’s usually no way to measure the impact of marketing activity, who’s to say otherwise?
  • You can deflect blame if sales decrease. If sales go down, you can claim that they would have gone down even further if you hadn’t spent the money on marketing. Once again, who’s to say otherwise?
  • You can pump up your operational budget. Chances are you’ll get to spend some of that big money yourself, which means that you’ll need a larger organization and maybe even end up with a little marketing empire.
  • You’ll achieve job security. You get to dole out marketing dollars to advertising firms, research groups and collateral production companies, any one of which might offer you a job in the future.

As important as these goals are, you can only achieve them if you follow the four unwritten rules of corporate marketing:

Rule #1: Avoid any form of meaningful measurement. This goes with saying, of course, but you’d be surprised at how many marketing professionals let themselves get trapped into some form of external measurement (like the percentage of leads converted to customers) that might allow management to objectively assess their contribution to the company.

Rule #2: Use as much biz-blab as possible. Business buzzwords are the magical incantation that opens the golden chest of budgetary dollars. They make everything that you do look more important and add a sense of urgency to every Powerpoint presentation. Your term “Integrated Marketing Communication” is an excellent start. Keep up the good work!

Rule #3: Minimize the contribution of the sales team. When asked why you’re spending all that money on broad-based advertising, market studies and fancy brochures, always say “we’re driving sales.” Constantly reinforce the notion that the sales team consists entirely of glad-handers and order-takers who simply cherry-pick all the wonderful opportunities that your wonderful marketing has generated.

Rule #4: Consider yourself a strategic thinker. This is important. If you’ve got a conscience, you might feel guilty or stupid when you reflect that you’re wasting corporate money on pricey nonsense. The vaccination to such remorse is to drink the cool-aid of marketing geeks everywhere and pretend that marketing is an important expense without which a company withers and dies.

Anyway, enough sarcasm. If readers are actually interested in how to do marketing that actually helps sales reps to sell, check out my previous posts: Let’s Fix Marketing… For Good and Marketing Versus Sales. And if you want to sell a real market plan (hint: it’s all about lead generation), check out my classic BNET article: “How to Sell an Idea.”

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    1

    kmw8

    06/13/08 | Report as spam

    The Rift

    I have been on both sides of the fence - working in sales and in marketing. I know the rift exists, but the sarcasm within your response, and the time it took to craft, speaks volumes to this rift not going away anytime soon.

    Putting my sales hat (I do sales now) I find that the lack of understanding of SOME (not all) of what marketing does is astonishing. I believe whole heartedly the most important position in a company is sales - someone who built a few successful companies of his own told me that, and I believe it now after all my years. BUT - that doesn't mean sales is off the hook for being integrated into a company.

    On the flip side, in the past marketing has gotten these HUGE budgets and just crapped (not the word I would use here, but a good alternative) them away. No accountability, no results that can be tangibly and unequivocally measured. One marketing professional once told me: "We get 20% of revenue and neither the CEO nor the CFO ever ask what I do with it." Really - how nice for you. Meanwhile manufacturing is poking a yoke putting string around a mechanical device to keep it functioning!

    Both sales and marketing need to come together, and not in a fake, I'll be a professional way. But in a real, meaningful, business improvement driven way. Until that happens sales tells marketing what they want to hear, then goes and does something completely different. And marketing follows they latest fads (not even trends sometimes) thinking they can outsmart those sales guys and get more business automagically.

    Trouble is, when these two entities don't lean on each other, really relate to one another, the whole company pays the price. This is true for any two entities - but even more so given how important sales is.

  •  
    2

    Aimee333

    06/13/08 | Report as spam

    RE: The Unwritten Rules of Corporate Marketing

    Here's a great Idea! Call an Ad agency- it cost nothing to talk- they may even through in a plan on how they would help market your company for nothing. You start paying by the hour when you use them. However, because you are so aware of your product and how it is needed and wanted in your market YOU are the greatest source of information for your marketing.

    1. Who's your customer
    2. What's their income
    3. what do the like
    ETC.

    If you have a broad market base- throwing out a net and hoping you catch fish "MIGHT" work i.e. TV/Radio.
    Print Advertising can be directly targetable.
    Corporate Charitable giving /Huge marketing opportunity
    or direct mail pieces to current clients with a referral program

    Just some ideas out there.
    Don't freak your boss out with the BIG dollars first! Ease him in with SOLID strategies. And don't get grandious. Most companies need consistant marketing not Jumbo marketing!
    Microsoft templates have a great "Beginners" marketing plan. Use it Add up the total dollars and divide by the average customers you have a month and that's your $ per client spent. If it cost more than the product- RETHINK!!!

    Good luck!

  •  
    3

    jblankenship@...

    06/17/08 | Report as spam

    RE: The Unwritten Rules of Corporate Marketing

    HA! I thought the author was the "cable marketing" expert from the Direct TV commercials - I was like, oh man, is this guy for real? I'm reserving judgment until I read the other articles, but good job duping me upfront - damn you!

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