Archive for May, 2007

Salesopedia Podcast Interview

Posted on May 30th, 2007 in Marketing | No Comments »

I was recently interviewed for a podcast on the always-good Salesopedia. You can check out the interview: “Sales vs Marketing”.

Measure Twice. Strategize Once.

Posted on May 30th, 2007 in Marketing | No Comments »

It’s easy enough to say. Before working on any strategy, you need to know about reality—the facts. Otherwise, you risk creating a bad strategy. It’s hard enough to do this. Yet, even this isn’t enough. You really need to measure twice before you strategize once.

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Should Marketing Companies Do Their Own Marketing?

Posted on May 24th, 2007 in Marketing, Methodology | No Comments »

At first, you probably will say “Yes!”. It’s sort of an eating-your-own-dogfood thing. I think the opposite is true. Chances are, you’re not good at your own marketing.

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Episode #6 – 3 Simple Steps to Improve Academic Marketing

Posted on May 23rd, 2007 in Podcasts | No Comments »

Marketing in the academic world should be simple and effective. We’ll tell you why it isn’t … and what you can do about it.

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Episode #5 – What’s the Value of Branding

Posted on May 23rd, 2007 in Podcasts | No Comments »

Branding is the most expensive, most cost-effective, and least understood marketing discipline. When done correctly, branding decreases the cost of future tactics and increases the effectiveness of communications.

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Strategy Needs Execution

Posted on May 22nd, 2007 in Methodology | No Comments »

Postmodern marketing breaks down traditional barriers, especially between the enterprise inside and customers outside. It also shows us how other traditional divisions can be eliminated. The distinction between strategy and execution is perhaps one of the oldest such binary oppositions. It’s so common that it seems unquestionable. Indeed, many firms identify themselves as doing one or the other… and they claim that not only is that possible, it’s for the benefit of their customers.

I don’t agree. I don’t think you can have one without the other. Earlier, we talked about how execution needs strategy. This is fairly noncontroversial. Most everyone will accept that execution depends on strategy. Indeed, this linear dependency is at the very foundation of the businesses of consulting, marketing (strategy), design (execution), and technology (execution).

Today, I’d like to complete the apparent circle and write about how strategy needs execution.

This isn’t circular. At least not viciously so. Rather, it’s more hermeneutical. By this, I mean that strategy and execution are deeply interrelated. It’s not possible to understand one without the other. As we saw earlier, most people accept that execution needs strategy to be meaningful. And the converse is also true. Strategy needs execution to be meaningful.

At first this might seem confusing. Doesn’t strategy come first? How can strategy be informed by execution if the execution hasn’t even happened yet? This is not a solid objection, for the objection itself depends on a model that assumes that strategy and execution are distinct from each other and there is a one-way linear relationship between them. It is this model (the one at the root of all professional services) that must be destroyed.

Strategy is the idea, the concept. Call it a form or a plan. The simple idea is that it is empty of content, of matter, of material. It is abstract. Supposedly, it is possible to perceive and contemplate this abstract strategy without embodying it in execution. This is the premise where the model falls apart. It is not possible to contemplate a strategy without an execution. This is so because the execution gives “life” to the strategy. Matter gives life to ideas. Without execution, strategy is empty (just as execution without strategy is blind). Only when strategy and execution are understood together can we conceive of either one.

The implication of this is that there are no projects that are only strategy or only execution. To be sure, there may be a pre-existing strategic effort (that always already will have included an execution of some kind). But this really means that a previous strategic execution will be replaced (or transformed) by a new strategic execution.

This dual nature is at the root of common problems on projects. How many times have you been proceeding from strategy to execution only to find that the strategizers already had some (perhaps secret, perhaps unspoken) conception of what the execution would be? They couldn’t help it! When they did the strategy, they implictly did the execution.

A further inference is that there are no (effective) companies that are just strategic or just execution-oriented. They are either secretly doing one or the other or they are hopelessly ineffective. How much money has been wasted on a “stand-alone” strategy or a hastily-planned execution? When not conceived as a whole, both strategy and execution will be wasted.

And so, strategy needs execution, just as execution needs strategy. Keep that in mind when you’re doing your own projects and when you’re hiring out. You’ll save a lot of time and hassle when you ground your projects in the reality of this duality.

If Specialization is Good, More of it is Better, Right?

Posted on May 21st, 2007 in Marketing | 1 Comment »

We Specialize in Everything!

Well, that seems to be the approach of this marketer! I found this advertisement on the wall of a public restroom—the height of interruption marketing. Luckily, I was able to ironically peruse their ads with my cold, marketing eye. And I was in luck! What a description for your company. I can imagine the creative discussion between the writer and business owner.

Writer: So, we need to nail down your specialty so we can communicate about it.

Owner: What, just one thing?

Writer: Well, maybe 2. But, no more.

Owner: Won’t we limit the number of customers who will use us if we limit it?

Writer: No. It will increase because those who want exactly what you do will go to you first.

Owner: I don’t buy it. If we have to say we specialize, then say we specialize in everything!

May Newsletter is Out

Posted on May 17th, 2007 in Marketing | No Comments »

This week, we released our May newsletter, which includes two new articles: What’s the Value of Branding? and 3 Simple Steps to Improve Academic Marketing. Also, we have the first Client Spotlight: Ranking Manager. Read the newsletter.

Professional Services Marketing

Posted on May 15th, 2007 in Marketing | No Comments »

The professional services market is unique because not only do professional provide services (instead of products), their services often require a complex sale. That is, it’s often not immediately clear where and how the professional service applies best to the client. For this reason, selling professional services can be particularly challenging. And when selling is complex, so is marketing.
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Execution Needs Strategy

Posted on May 10th, 2007 in Methodology | No Comments »

Last time, we talked about the importance of doing good strategy before execution. This time, we’ll explore why that is.

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