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What's The
Most Important Word In Marketing?
By: Scott
Ginsberg
What’s the most important word in marketing?
Free?
Why?
Truth?
Honesty?
Integrity?
At first glance, it seems like a simple
question. But the more you think about it, the more complex it gets. One
could probably argue any number of answers based on his beliefs, values
or type of business.
But is there really one word that’s
more important than all the others?
One word without which your marketing efforts will be successful?
I recently surveyed dozens of marketing
professionals, authors, consultants and small business owners on my blog.
The results included a wide range of words; from the emotionally charged
to the pragmatic; from the right brain to the left brain and from the
customer focused to the company focus. But all of the suggested "most
important words in marketing" fell into one of two categories:
Traditional Marketing or Modern Marketing.
Traditional Marketing: The Old School
Traditional Marketing used to be all about advertising. It was expensive,
short lived, and had little to do with the Internet or word of mouth.
Also, it aimed its messages at passive audiences. Leading expert and
best selling author Seth Godin calls this "Interruption
Marketing," in which the marketer talks directly to as many
consumers as possible.
Now, although this traditional style of
marketing has lost some of its prowess to the fierce competition of the
web, it’s still a powerful medium through which companies can reach
their customers. Let's see which words the experts chose from this
category.
NOTE: before you read the survey results below,
take a minute to answer the question for yourself: What do you think
is the most important word in marketing? Once you’ve made your
decision, read on and see how your answer compares.
NEW
"NEW is probably the strongest word in marketing," explains
Ronnie Horowitz from The TRIZ Journal. "People are attracted to new
products like a magnet. Introducing new products on a constant basis is
the best way to get attention and invaluable free publicity for your
business."
WHY
Michael “The Success Doctor” Fortin believes the most important word
in marketing is WHY. “It is much better to communicate why you are
original, special or unique; why you are better, different or superior
than competitors – not just the fact that you are. Imply your
superiority by specifying as much as possible.”
CUSTOMER
Sivaraman Swaminathan from Customer World says we shouldn’t overlook
the obvious word, CUSTOMER. “I think marketing has evolved because the
focus is on the customer. The soul of marketing is the customer. Period.
In marketing, you will fail even if you have greatest passion for the
wrong target audience; you will fail if you don't know whom you should
respect, and you will fail if you don't know which customer to trust.”
YOU
Similarly, Robert Middleton from Action Plan Marketing said, “The most
important word in marketing is YOU. That is, marketing needs to convey
very clearly what's in it for the client or customer.”
FREE
FREE was also touted by several experts as the most important word.
Edward “Skip” Masland, owner of Web Solvers says “FREE was, is and
will always be the most powerful word in marketing. It attracts eyeballs.
It gets results and responses quickly. And marketers may not profit
today – or tomorrow – but if they can generate a groundswell of
interest from something free, they know they will profit sooner or later.”
On the other hand, Bob Serling from Idea
Quotient wrote an article claiming that FREE was the most dangerous word
in marketing. “I've been advising businesses for nearly 20 years that
a business model driven by attracting prospects through giving something
away for free is almost always a model for failure. And it doesn't
matter whether you use this model online or offline – it will nearly
always fail.”
LISTENING
Next, Karen from Dezign Matters explained that the most important word
in marketing was something you DON’T say. “I think the word is
LISTENING. A little time leaning back and listening quietly can save
time, money and leave the client and customer feeling that someone truly
heard what they were trying to say.”
BECAUSE
Michael Daehn, author of Marketing Ingenious explained, “I read
a case study about cutting in lines at a copy machines. The hypothesis
was that the word ‘please’ would get the best response. But the
results proved that the word ‘because’ received a much better
response given that the word offered a reason to let someone cut in
line. Therefore, we as marketers need to give customers a reason to buy.”
RESULTS
Lastly, Michael Cage from Small Business Marketing Systems said the most
important word in marketing was RESULTS. “Small businesses are often
suckered into fluffy, fancy marketing concepts that sound great but
produce absolutely nothing in the real world. If the business owner or
marketing department can't tie what they do to results, likewise, they
need to step back and get it right before passing go.”
Modern Marketing: The New School
20 years ago, nobody knew what the words “blog,” “RSS feed,”
“personal branding,” “viral marketing” or “google” meant.
But now – at the risk of sounding cliché – the rules have
changed. Business is different. Customers are smarter. And marketing
isn’t the same old run-a-bunch-of-ads-and-hope-people-buy-your-stuff
system.
Now, it’s all about creating an emotional
connection. It’s about being unforgettable, unbelievable and unique.
It’s about providing an experience that’s so fantastic, customers
not only remain loyal to you – but they tell all their friends to do
the same.
Here’s what the experts said about the most
important words in Modern Marketing.
RESPECT
It’s not surprising that Seth Godin – author of seven best selling
books about how to make your business remarkable – always emails me
back within 30 minutes. I drop him a line every once in a while to pass
along an interesting website or, in this case, ask a question. He
replied with a brilliant one-word answer: RESPECT. Period.
AUTHENTICITY
John More, owner of Brand Autopsy, maintained the most important word in
marketing was AUTHENTICITY. “With the world becoming one gigantic ad,
consumers today can sniff out anything that smells the least bit fake
and inauthentic. Success will come truer and faster if companies can
design products, programs, and services that are authentic in meaning,
purpose, and delivery.”
Moore dug deeper on the topic of authenticity
and explained that “Authenticity is usually a by-product of a
purpose-driven business. And unfortunately, there ain’t enough
businesses out there with the purpose of making a positive difference in
the world.”
PASSION
Similarly, Tom Asacker from A Clear Eye says it’s all about PASSION.
“Passion for one's business and for one's calling inspires and
attracts people. They want to be to believe, to belong; to become. And
that's the essence of marketing today.”
Tom and John’s posts on the blog discussion
generated high amounts of support from other experts. Laura from the
Smart Musings blog agreed by saying, “John and Tom are right.
Consumers can distinguish between authentic and inauthentic marketing.
Authentic messages will strike a chord with them. That may encourage
them to buy. And once they become a customer, then they may too become
passionate about the product. And that is the ultimate goal of
marketing: not just to have passionate employees, but passionate
customers.”
TRUST
Another popular word was TRUST. Kevin Berringer from Reflections on
Business Blog simply said, “No trust = no belief = nobody listens.”
EXPERIENCE
Then, Chris Ray from Interactively Speaking voted for the word
EXPERIENCE, as in The Customer Experience. “I believe this word
summarizes respect, authenticity, passion, results, etc.” said Ray.
“It ultimately decides whether or not a company succeeds.”
AROMA
Next, Jim Seybert from the Jim Seybert Company offered a most unusual
suggestion: AROMA. “Brain scientists tell me that smell is the only
sense that goes directly to the limbic lobe in our brains - and triggers
nothing short of primal emotions. Marketers should pay attention to the
‘aroma’ of their brand. They need to identify the unavoidable,
immediate and emotional reaction customers experience upon coming into
contact with their brand.”
OPEN
Another intriguing response came from Nellie Lide of The New Persuasion
Blog. Her word was OPEN. “You’ve got to be open. Open to others.
Open to customers. Open to employees. Open to new. Open to old. Open to
scrutiny. Open to derision. Open to joy. Open to different.”
TRUTH
George Silverman, author of The Secrets to Word of Mouth Marketing
says it’s all about TRUTH. “Marketing has become synonymous with
hype. The truth, compellingly told, is all you need. Just tell it in an
interesting way, usually with a story. This allows you to tell the truth
about your product and the truth about yourself.”
No Word
The last respondent of the survey was Sean D’Souza from Psycho Tactics.
He decided to take the contrarian’s point of view. “There is no one
single word that's the most important in marketing. Making such a claim
would be like saying your heart is the most important part of your body.
I think we try to make things too simplistic. In reality, marketing is a
series of things that coordinate together to create magic.”
It’s All In The Hunt
In case you haven’t already figured it out, the answer to the question
“What’s the most important word in marketing?” is: it all
depends.
Typical marketing answer, huh?
But ultimately, it’s not about the answer –
it’s about the question. It’s about the creative thought process
each businessperson goes through when he considers what the most
important word in marketing is...to him.
Personally, I chose the word CONFIDENCE.
In other words, I want to instill confidence in
the minds of potential customers that if they step onto my
company’s front porch, they will be working with a credible, valuable,
trustworthy individual whose unique school of thought will help them
produce results.
But that’s just me. That’s how I
roll.
Now, it's up to YOU to reexamine what
“marketing” truly means to you and your company. In so doing, you
will gain a better understanding about who you are, what you do and whom
you do it for.
So, what’s the most important word in
marketing...to YOU?
© 2005 All Rights Reserved.
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Courtesy of: The Internet
Business Specialist
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About The Author
Scott Ginsberg is a professional speaker,
"The World's Foremost Expert on Nametags" and the author
of HELLO my name is Scott and The Power of
Approachability. He helps people MAXIMIZE their
approachability and become UNFORGETTABLE communicators - one
conversation at a time. For more information contact Front Porch
Productions at http://www.hellomynameisscott.com.
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