Off the Edge
Off the Edge is a marketing blog written by Sharon Wilding and Jim Hunt of THE PURPLE EDGE and occasional featured guest authors. It aims to provide thought-provoking and useful content on marketing and business issues. Please feel free to comment on our musings, and if there are subjects you want to discuss further then please get in touch.
To receive free email alerts when we update the blog, enter your details here.
"I know what I should be doing. I need to get on and do it."
Oh if ever a sentence captured the most fundamental issue facing so many businesses, this is the sentence.
It could probably be written on the gravestone of many failed businesses and it will probably be the epitaph for many businesses struggling right now.
But is it really as simple as that? Is marketing just a case of getting on and doing what you already know you should be doing?
Well lets start with what we know - things that apply to all businesses:
- Not everyone wants to or can buy what we're selling
- Those who do or may do probably don't want to buy right now (right this minute)
- We usually don't know when they will want to buy
- There are other people offering similar things to us
- To get them to buy from us rather than someone else we need to give them a good reason
Given these facts of business life it would be pretty easy to conclude the following:
- We have to make sure that those people who want t [read on...]
I’m just home from a day’s training in the latest in digital marketing strategy – and I’m racked with guilt over having committed the number 1 sin in content marketing. What’s that you ask?
Jim and I have been as bad as each other. We have not posted in our blog for months! It’s hard to believe, let alone admit, but in 2015 we have only published new content 3 times. Did you miss us, or not notice because there is so much other content to get through?
Of course we can list lots of excuses – chiefly being too busy working on rolling out client marketing projects – but that wouldn’t really wash with me if I was sitting in front of myself as a coach. It was a steady decline from a regular once a week, to every other week, to once a month … then stop.
It’s just unforgiveable.
Creating new content, publishing regularly, on multiple platforms (websites and social media), addin [read on...]
One to One Personalised Marketing should be the norm for all businesses. So why aren’t more companies stepping up?
Our guest blogger this week is Caroline Wilson, from Commsbox.
Personalised marketing campaigns driven by online data collection are fast becoming a key consideration for marketing your business online.
According to Digital Marketing Magazine* a study by Teradata showed that 90% of marketers, want to embrace one-to-one personalisation. Marketing automation, the ability to collect data via your website and provide automated and personalised responses, is a key enabler for this important trend in 2015.
However, it is still early days in terms of uptake of this relatively new technology, particularly in the UK. In this blog, I take a look at the key factors affecting take-up of marketing automation.
What are the benefits?
The benefits of marketing automation are clear. A structured marketing automation campaign enables companies to reach out to their potential audience, capture customer data and then tailor future messages and offerings to the individual interests of that custome [read on...]
I know we're well into 2015 now but I'm going to say it anyway. New year - same problems.
Regular readers of my blogs will know that I am prone to a rant or two, so won't be surprised to hear that I've been banging my head against a brick wall already in 2015. I would pull my hair out if I had any. I'm told that my smooth cranium is a genetic trait rather than a result of too frequent frustrations but, well, I don't know...
"What is it this time?" I hear you say. "What is the cause of this frustration and banging of head?" Well sadly it's nothing new.
Today, dear reader, a tale of two businesses that missed the point.
As usual, no names no pack drill and, as they say at the start of all the best movies, any similarity between this tale and real life businesses should be considered coincidental (despite the fact that they are real and if you think you know who it is please keep it to yourself).
So the first business is a start-up in the entertainment sector - in the broade [read on...]
Where did January go? I’m already staring the middle of February in the face but it feels like Christmas was 5 minutes ago!
For many of us, by the time we get to February the New Year resolutions are history – broken and scattered on the floor. I admit I'm struggling to meet the aspirations I had as 2015 set sail, but this year I am focused on the goals and determined to be kinder to myself if I don’t succeed immediately.
That’s the thing with goals – they are there to inspire us to achieve, but have to be challenging. Only minor goals (such as the January Dryathalon – which I didn’t even attempt by the way) would have been achieved by February.
I need to be prepared to put in the practice if I want to hit the bullseye!
To achieve a goal you need to have a plan
Maybe, like us, you did take stock of your strategies and plans in January. Looked at what you had achieved in 2014. What went well, what didn’t go to plan and, mo [read on...]
As a thank you for reading our blogs and newsletters this year we want you to keep on reading as we bring you the marketing version of the 12 Days of Christmas!
It seems only days ago that we were welcoming in 2014 and here we are on the brink of ushering it quietly out of the tradesman's entrance whilst we roll out the red carpet at the front door for 2015.
We'll no doubt have some time over the holiday period, in between searching for creative things to do with left-over turkey and searching through the Quality Street tin for the overlooked green triangle hidden amongst the spurned toffees and fudge, to look forward to the coming year. Look out for a slightly portly and over-indulged blog soon.
But first, we'd like to wish you a very Merry Christmas and a happy and profitable New Year as you have a nip or two of your favourite Christmas tipple and sing along - you know the tune.
The Twelve Marketing Days of Christmas
On the first day of Christmas [read on...]
This year, as my son is fundraising for his volunteer trip to Tanzania, I have been wondering if charities really do benefit as much as is promised by the rash of e-cards all proclaiming that "instead of sending cards this year we are giving to charity".
I've Googled it, of course, but couldn't find any specific information on whether charities have benefited from the switch from paper to data. What I did find was a lot of articles on how little money ends up with charities from the packets of cards sold in the high street in the name of charity, so it is possible that any additional donations from sending e-cards will have helped!
Indeed, if you do want to send paper cards the advice was very definitely buy cheaper cards and give to the charity direct, or buy your cards direct from the charity to be certain that your donation is real [read on...]
It's peak shopping time and, for some businesses, peak sales time. But there are some interesting findings coming out of recent behavioural studies experiments (mainly US based just because they have so many more consumers!) that it is worth knowing about when you set your prices.
We tend to believe we make rational decisions most of the time. That we are pretty good at weighing up the evidence and making a smart choice. But are we really? Here are just a few of the interesting responses to being presented with different priced choices that you might find of use in your business:
- There are, apparently, 3 different attitude-groups that describe customer spending behaviour: 24% will be tightwads, 61% unconflicted (average) and 15% spendthrifts. A small change to the language you use in your pricing can make the tightwads more likely to spend. A trial of the cost of overnight shipping on a DVD compared payment of "a $5 fee" with "a small $5 fee". The second option sold 20% more [read on...]
a tendency to do nothing or to remain unchanged
Inertia is - by definition - a passive state, often with negative connotations. Human beings have evolved with a bias towards preferring the status quo and change can involve a lot of effort. It can be a lot easier just to stick with what you know!
Reading an article about brand loyalty this week, brought it home to me how important it is for marketers to understand the power of inertia to work for them as well as against them.
Inertia means loyal customers
So, it's important to recognise that there are times when inertia can work in your favour, so inertia is not necessarily a negative thing. Maybe you can rely on your customer's inertia to keep them buying from you? In which case why would you want to overcome it?
When it comes to existing customers you do want to encourage that natural tendency towards inertia - not by putting in negative barriers to leaving or switching (such as long contracts with punitiv [read on...]
We all know about social media these days.
We're all at it. It's unavoidable.
We all know that it can be a great way to develop relationships and get and keep our brand out there.
We all know we need to be engaged on behalf of our companies.
We simply got to be on social media.
Most of the businesses I come into contact with are B2B - business to business, they sell products or services to other businesses. Not all of them, but definitely the majority. They are all interested in social media and how it can help them. The problem is, though, that finding examples of successful campaigns run by B2B companies is hard. Finding examples of successful B2B social media campaigns run by SMEs is even harder. I know, I've tried!
Check it out for yourself - try a Google search and see what you can find.
Even when examples are quoted the measure of success is not one I would be happy with. Basically the success is in terms of likes/shares/website visits. Now don't get me wro [read on...]