Showing posts with label image. Show all posts
Showing posts with label image. Show all posts

Tuesday, January 12, 2010

Putting Perception to Reality (P2R) to Work for You

To get 2010 off to a good start, we hereby offer 12 reasons why P2R Associates is positioned as THE resource to integrate and manage your communications programs.

1. P2R always gives you senior-level PR counsel

2. P2R always knows your business

3. P2R always delivers quality work, the first time

4. P2R has people that can craft coherent, clear copy to cut through the clutter and reach your customers, investors, and other key audiences with a clear, unified message

5. P2R has people who know how a budget is put together and how to stay within it

6. P2R has people who know the difference between marketing, branding and public relations, our integrated communications approach results in break-through communications that are aligned with business objectives and focused on sustaining success

7. P2R has people who can put together a simple plan for getting from A to B, complete with goals and objectives, and explain it to someone else

8. P2R has people who can see how different areas of the business work together to form a systematic operation

9. P2R has people who have basic customer service skills like patience, politeness, helpfulness and common courtesy

10. P2R has people who know how to communicate clearly, collaborate on projects and manage people positively

11. P2R has people who can admit what they don’t know and seek knowledge or help for answers

12. P2R has people who can engage in intelligent discourse and discussion


About P2R Associates
P2R Associates is an award-winning, strategic public relations and brand communications firm serving a diverse mix of international, national and local companies in a range of industries. With special expertise in business-to-business communications, P2R has represented clients in the automotive OE, Tier 1 and aftermarket, high-tech manufacturing, construction, consulting, defense, retail, design, engineering and exhibit and event management. Headquartered in Livonia, Mich., P2R provides clients with strategy-driven tactics, superior service and measurable results.

For more information on P2R Associates visit www.p2rassociates.com, email info@p2rassociates.com or call 1-248-348-2464

*Special nod to Amber Naslund of Altitude Branding.com – “Will the Business People Please Stand Up?

Wednesday, September 23, 2009

Marketing Metrics and ROI


In the course of a new business meeting earlier in the week, I became engaged in a conversation about marketing communications metrics. I greatly enjoy such conversations because we have a wonderful model of integrated metrics tracking that is downright exciting for those interested in such things and never fails to fuel a conversation on the topic.

On the heels of that conversation, an article came my way talking about metrics, ROI, and various techniques used in healthcare marketing. Given the earlier discussion, it piqued my interest so I plunged in. The article proved to be well-written, very broad, chock full of input from various “experts” and devoid of any “so what” or actionable takeaway.

It struck me as something to share internally as an example of an intelligent-sounding article on metrics that hits on a lot of buzz, but says nothing concrete. About the only thing useful - from a 50,000 foot level – was buried somewhere near the middle in a quote by one of the experts” who basically said metrics should be tailored to need. Unfortunately, much of what we see regarding marketing metrics and marketing in general seems much the same – a lot of sizzle and splash, newspeak and nodding heads, but little substance. In my opinion, the prevalence of such things cloud understanding of the issue and curtail frank, inquiring discussion at best.

People who “should” know all about these things fear appearing as if they don’t and so fundamental questions remain un-asked, assumptions aren’t challenged, prevailing attitudes are accepted, the boat isn’t rocked and on we go. In that environment, basic misunderstanding grows, mistakes are made and the process gets repeated – even institutionalized.

The only good metric is a useful one…Our approach toward metrics in general is that they are most useful when they’re: tailored to client objectives, provide insights into effective direction and are actionable.

We point out these requirements whenever the discussion turns to metrics or ROI with the added caveat that metrics need to be simple to understand and track. Which leads to something else: in both the article and in conversations, we’ve also noticed there is often confusion between "metrics" and "data." In my mind, data is useful and if budgets allow - always a good thing. Metrics are forms of measure.

In addition to basic misunderstanding, confusion comes when tracking online activity for example. Is it a metric - or is it data? One could say both. Certainly it's a handy activity to track, but if considered a metric, then what's its worth if not tied to a means of manipulating the outcome toward the achievement of something that furthers a company's objectives? So then, data is information. Metrics are tools tied to outcome that allow us to take effective action when needed.

To be useful, the tracking of online behavior should link back to effect the desired behavior or outcome. Otherwise, such activity too often becomes "pursuit of the month."
Strategies are hatched, agencies are aligned, programs are designed and launched, metrics are captured, a flag is stuck in the ground and victory is proclaimed. Unfortunately the results produced are often dubious at best and the lingering effects of such actions tend to be harmful to an organization. The real tragedy is that most organizations miss the fallacy of a process they continue repeating.

The auto industry we know so well, is rife with examples. Consider GM’s ongoing experiment with all things "brand."

Perhaps 15 or so years ago, "brand managers" were brought in from other industries in order to boost car sales through implementation of "brand strategies" and techniques in place within the consumer products industry - notably at P&G.

Thinking changed, direction changed; young, new "gurus" were given free rein to implement new marketing activities affecting virtually all of GM's line. Did it work? Well, that's a multi-faceted question, but many would say "It didn't help." Given the profound (read "faulty") mindset change such thinking drove, it was downright harmful.

Cars became "products," nameplates became "brands," the car companies themselves became "brands," "brandspeak" became lotus leaves and many bought into the illusion. Customers who simply wanted “cars” become confused with all the hype and the dizzying array of offerings.

Toyota, Honda and others kept to the basics of building what consumers wanted: cars that were well-made, provided reliable transportation, were fun and looked good.

Not to say they didn't pay attention to research, new marketing techniques and metrics - of course they did. However, I would argue that they kept a pragmatic balance, an end-goal and their customers in mind, while their competitors rushed from brandspeak "fad-to-fad." It's clear which companies had more success and built the more loyal customer bases.

I'll never forget when Chevrolet launched the Lumina in the late 80s. At significant cost, Chevrolet purchased the rights to use Disney characters in ads promoting the new vehicle. At the time, I read their thinking was to link the wholesomeness of Disney characters to the new car in an effort to connect it to families. Somehow, families in the market for a car would be drawn to the new vehicle because of its association with Disney characters and their high regard for the family values of Disney.

At the time, I worked at a firm involved in the launch of the Lumina. I had driven the car and thought it was poor in comparison to other offerings then on the market. I remember thinking the money spent on a Disney link could have been well spent on building a better product and touting things potential buyers wanted. At any rate, the Disney ads were soon dropped, the Lumina was never considered a "hot" seller and never sold in the volumes desired. Today it's gone.

The point is that all too often we get carried away with marketing newspeak, unproven-but-cool-sounding approaches and the application of new technologies and tactics we don't take the time to think about or understand. Too often, we take a short-term view instead of the more strategic action that furthers accomplishment of a long-term and often bigger objective.

Meanwhile, wiser marketers "think" before they "do," apply common sense instead of delegating to the "experts" and implement activities with the correct end goal in mind. After the hubris has faded, they tend to be the winners.

Constructive accountability is an added factor that comes into play... but that's a stand-alone issue for another discussion.

Friday, February 13, 2009

Choosing the Right Marketing Firm

In these difficult times in the automotive industry, it is more important than ever to make the right decisions throughout your business. One of the biggest investments for a business can be marketing communications.

So, what is a harried marketing exec to do to sort out these tumultuous market changes and maximize marketing investment? The simple answer is to hire a marketing communications firm! It is not enough, however, just to hire any marketing firm. You need to find the right one for your business – one that understands your business goals and objectives, one that helps you to understand how your customers, suppliers and employees view and interact with you. The following should be the basics any company follows to select a firm that is right for them.

Find a company that understands your business. Ideally, find a firm that will take the time to learn your business from the inside out. Give that firm complete transparency of your marketing communications activities, both historical and future. A good firm will want to interview your executive team, sales team, administrative team, customers and even industry media to uncover your corporate and brand(s) image and awareness and evaluate whether they align with your business goals.

Ask who will be handling your account. Find out if that person, or team, can sit down with you and determine if you have chemistry. In addition, ask if this will be your permanent team. Some firms bring in the big guns for the introductory meeting and then substitute inexperienced lower level workers – even interns – to work your account. You want and deserve industry-experienced experts on your team. They will become your most trusted advisors.

Find out the strengths of your proposed firm. If they specialize in advertising and your need is media relations, then they are not a good fit. Similarly, if the proposed firm specializes in graphics and your need is strategic communications, keep searching. You will know when you have found the right firm when their experience, attitude and business success align with your needs.

Be prepared to get involved. You cannot just bring in a firm and hand over the reigns. A good firm will fully engage with you to identify goals and objectives, develop strategic messaging, define program metrics, identify target audiences and create a master plan. All with your involvement.

Be prepared to stay involved. Again, it is your marketing communications program; your new firm is supporting you, not the other way around. By now, they should have worked with you to produce a roadmap for implementing an aggressive and highly targeted marketing communications program. Working closely, and with the support of your new firm, you should be empowered to implement that plan and drive anticipated results.

Finally, continually asses your marketing communication program status and momentum. A good firm will assess program successes and failures; hits and misses, and identify new opportunities. Analyzing strengths and weaknesses allows you and your firm to make any necessary corrections and work to maintain program momentum.

Many companies think the job is done when the communications program has been launched. Nothing could be farther from the truth. Developing and maintaining a consistent cadence of information to the marketplace is crucial to communication, marketing and branding success. The idea is to keep your message constant and your voice clear.

Finding the right marketing communications firm for your company need not be an arduous task. Like anything else in life – a little homework goes a long way.