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Oct 07 2010

Winning Isn’t Everything

Time to talk baseball. And a tale of two teams.

One has a great on-the-field product, winning this year to the tune of 90-plus games.

The other lost almost that many.

Team One has camaraderie, is in the playoffs, has charismatic leadership, players who go the extra mile for each other.

Team Two is under new management, under new ownership, doesn’t know which end is up.

The first team may well win the World Series this year.

The second team hasn’t done so in what only feels like an eternity.

Get This: Team One can’t give away tickets. Team Two pretty much sold out every game and is making money hand over fist.

So, in this corner, the Tampa Bay Rays – energy and enthusiasm on the field, tumbleweeds off it.

In the other corner, the Chicago Cubs – where winning isn’t everything (and this year it wasn’t anything), but the cash register has no problem ringing.

What can the Marketer learn from this?

Probably more than anything, the Rays sell “baseball.”

The Cubs sell “the experience.”

Like it or lump it, the knock on the Northsiders has always been this: world’s largest happy hour, go for the beer, don’t pay attention to the game, free sunshine, etc.

This same experience includes “lovable losers.”  This is, after all, a team whose drought of 102 years (and counting) since a World Championship has become a calling card.

Neither marketing model, neither business model, is wrong. Both teams are profitable.

But, maybe, after all, you should ask yourself: are you selling “the experience?”

Written by Dave · Categorized: brand communications, Uncategorized · Tagged: baseball

Sep 22 2010

Why a Speech That is Two Years Old is Still Relevant

Dave Van de Walle, 2008 CEO National Conference Science and Technology Track from IIT Entrepreneurship on Vimeo.

Way back when – November of 2008, Dave from Area 224 spoke at the Collegiate Entrepreneurs Organization’s annual conference. He wasn’t Dave from Area 224 then, he was Dave from U Sphere.

And he was overseeing the company through what amounted to its Hospice program, as it was nearing shutdown.

We think it’s still relevant information for marketers and business folks, and here’s why:

  1. We talk about places where we screwed up.
  2. We don’t mince words.
  3. We share our vision for where social media is heading. (As of almost two years ago.)

Hope you’ll check it out – if only to see Dave from Area 224 in action.

Written by Dave · Categorized: Uncategorized

Sep 10 2010

How to ‘Be the Olive’ in the Marketing Martini Glass

Three letters can make you the Olive in the Marketing Martini Glass: R. O. I. Return On Investment.

Olives, when dropped into a Martini Glass, do one thing – they sink. To the bottom. Of the glass. They won’t spill out of the glass, because of the way the glass is set up.

[They’re also vital to a good Martini, but we digress.]

Before we go on, here’s another look at the Marketing Martini Glass.

Marketing Martini Glass
Area 224 thinks the Marketing Funnel has been replaced by the Marketing Martini Glass

We offered up this maxim before – that you’re not competing with other companies in your space, but you are competing for resources AT YOUR TARGET COMPANY.

True, that. And the easiest way to do this is through calculating ROI. HR: does it have a Return on Investment? How about the CFO? Furniture: can you quantify how much you’re getting back as a company from having killer office chairs?

Meanwhile, if you remember the CRM example from Wednesday’s post and apply an ROI calculation, it could look something like this:

TOTAL CRM INVESTMENT: $50,000.

SALES INCREASE AS A RESULT OF TAKING ONE WIDGET CLIENT AND SELLING THEM MORE PRODUCT: $200,000.

ROI: 300%

Next, explain to the prospect that they should do the same calculation with their HR and Finance departments. Heck, even Web Analytics can be quantified this way. HR and Finance may be out of jobs soon.

The best way to “Be the Olive” is to actually avoid marketing your stuff and, back to our earlier examples, figure out what the heck the client needs. And figure out a way to give it to them.

HR and Finance might actually be out of jobs soon if you figure out the best possible way to help the company with those functions through a software solution, or an outsourced service, or a value-added, headcount-subtracted pain point you can solve for them.

Then you’ve got something you can quantify. You have shown Return on Investment.

You have learned how to Be the Olive.

[We hope you enjoyed all four parts to this series. You may disagree with some of what we talked about, and that’s okay. But the important thing to realize is not that things are changing but HOW MUCH THEY ARE CHANGING. Change your thinking accordingly and you’ll go far.]

Written by Dave · Categorized: Martini Glass, Uncategorized · Tagged: Be the Olive, marketing martini glass

Jul 25 2010

18 Steps to ‘Socialize’ your B2B Marketing

Area 224 is hosting another webinar, but this one is specifically for B2B Marketers.

Friendly Faceless LinkedIn Logo Guy

Lots of you aren’t in the B2B space – and if you’re not, that’s okay.

Webinar is August 12, 2 ET/1 CT/12 MT/11 PT. Register for 18 Steps to Socialize Your B2B Marketing in Evanston, IL  on Eventbrite

But B2B marketers ask us one question all the time:

Has anyone figured out B2B Social Media Marketing?

Answer: yes, sorta, kinda, but it ain’t easy.

If you’re looking for a silver bullet, hunt down another webinar.

But if you’re looking to find the way to set the strategy and ask the right questions…to navigate through the politics of any organization…and to talk the executive teams on and off the ledge…

Well, we hope you’ll join us.

Register for 18 Steps to Socialize Your B2B Marketing in Evanston, IL  on Eventbrite

Written by Dave · Categorized: Uncategorized

Jul 14 2010

Lame Marketing is So Lame

So, we’re hosting a webinar…

Not just any webinar, though, a chance to help you the marketer become less lame.

Through Holistic Social Media Marketing.

Learn more at the registration page…and join Area 224 on Thursday, July 22!

Register for Lame Marketing is So Lame - Learn Holistic Social Media Marketing from Area 224 and be Less Lame in Chicago, IL  on Eventbrite

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Written by Dave · Categorized: Uncategorized

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