E-commerce is a burgeoning industry worldwide. It is also the fastest growing industry in retail - accounting for close to 8% of all retail sales worldwide. So, why is grocery e-commerce lagging despite massive investments?Read More
I'm all for innovating and making things easier, after all - simplifying experiences is one of the way to achieve the desired behavioral change.
Yet today, I came across two very simple cases of simplified experiences that, while on their own seemed innocuous enough, broke my (and possibly others) expectations and left me out wondering and feeling vexed.Read More
Sunt om de marketing in love cu digitalul, preocupata de cum iau oamenii decizii. Pana la urma, marketing-ul este despre cum aleg oamenii sa cumpere, cel putin tot atat de mult cat este despre cum aleg oamenii sa consume.
Nota: da, exista deja un domeniu oficial care se studiaza in marile universitati, numit science of decision making – ce pune laolalta concepte precum neuro-marketing, neuro-economie, teorii de economie comportamentala si psihologie evolutionista). Iuf! Sper ca le-am tradus bine.
Simtind din anii de practica, pe de o parte, si din hype-ul evident la nivel de conferinte (a stat cineva sa numere cate conferinte de digital avem pe an in Bucuresti?) ca e o buba cu digitalul, impreuna cu IAB am decis sa ne uitam la ce parere au oamenii de marketing din companiile mari despre digital marketing si digital advertising. Sa vedem daca ne agitam ca un spray expirat sau dimpotriva.Read More
A couple of weeks ago, my smoker boyfriend and I ( I quit 8 months ago) were approached at Romanian Design Week by a sleek young lady promoter (cigarette brands always have the most beautiful and the smartest promoters) suggesting we try the newly launched glo iFuse - a hybrid type of cigarette, that releases nicotine without burning and eliminating that nasty smoke.Read More
There is this big myth still lurking around among marketers - that loyalty is something real, worth striving for and worth investing in. Yet, consumers are as promiscuous as they get.Read More
I am a big fan of decision-making sciences (that’s a more palatable word for marketers for behavioral economics & cognitive sciences). Ever since reading Thinking Fast & Slow by now famous Daniel Kahneman, I found that our irrationalities, heuristics and System 1 - are probably the most important piece of marketing knowledge since the USP in 1940s.
So, I will try to take the most common heuristics and list how marketers can make the most of them - in order to match marketing 2.0 to our being a human 1.0. My intention is to update the list with applications, so if you spot any instance of this heuristic being applied to marketing, please drop me a note in the comments below.Read More
It's a choice you have to make early on in your career - as soon as you step out of college.
You can go on and find a place in a company, within an industry - and spend your best years there learning on that job, or in that particular industry. You'll get far because there experience (and thus, seniority) is often measured in time. And time has the habit of accumulating or merely passing.
Also, knowing the industry inside-out, you can optimize better than anyone else. And HR will love you and hunt you for your next assignment in the same industry, adding cost saving over cost saving and making boards happy.
Or you can go and find a place in a company that deals with many industries: advertising, market research, management consultancy, branding or even law. And there you spend nights honing your skills on plenty of industries. Here experience in measured in projects done and degree of creativity.
Yet, no HR will ever hunt you down because they don't know what to do with you: you don't have the pedigree of the "same company/same industry/same role". What you do know is how to innovate, and for HR innovation is anathema - they don't know how to assess creativity, having a point of view, cross pollinating from various industries. For them this is a nuisance. Ironically, you don't get that far as in option 1 - because, simply - companies are built to optimize and defend the status quo.
Innovation is risk and companies build processes to defend risk.
Still, I'm feeling hopeful that the VUCA environment we are living in, will threaten so many industry models that the board with HR in tow will come running looking for innovators.
Cheers all innovators,
Recently I was invited to speak at disruptive workshop in a very very limited and troubled industry, where all avenues for growth seemed closed. Below is the Exponential Organisations talk that I gave where we explored some principles that apply not only to start-ups (that's easy right?) and not only to software companies (another easy win) but also to large CPG companies.
Enjoy and I'd like to hear your thoughts on this!
Today I am starting a very dear project, working with AVE, an NGO meant to change the educational system in Romania. Why change? For a 1,000 reasons among which:
- world wide, traditional education systems are challenged and more and more people agree that what we teach our children are relics of the industrial revolution not tools for the future. From altschool to Mindvalley - that changes education through meditation, art of presence, self-awareness, creative visualisation and other mind tools (read it in the Guardian), to Khan Academy, education is changing.
- despite the fact that Romanian children get a lot of medals in international contests in maths, IT and sciences, a growing portion of Romanian children are nearly illiterate. A 2012 PISA study showed that 40% of 15-year-olds are functional an-alphabets. And the well fare of a country is given by its masses, not by its peaks, unfortunately.
- there is no coherent Governmental or private sector effort to address poor children that do not go or abandon school. Corporations need to realize that they will not have a workforce in 10-20 years if they do not start investing now in their future employees.
So, on this background comes AVE Romania. If you are interested or like to volunteer - stay tuned. For now, we start with good old branding.
Let's say you have a software company that's been around several years, has grown healthily through word of mouth alone and now you are tasked to building a marketing function from scratch, to amplify this growth, in a company where no employee even liked the word marketing. How would you do that?
I don't know. But I can tell how we did this.
Make a great first hire, then a second, then a third
A quite common characteristic of software companies is that they don't do marketing, or they do it as an afterthought. Most stories go like this: take one brilliant programmer that builds something, that he puts out in the world on forums and communities. That thing is phenomenally successful, he starts growing a lot and puff! a company is born and he's magically transformed into a young CEO whose only desire is to continue building stuff. Less so promoting stuff, since programmers deeply believe that product supremacy is what drives success and if you need to sell people on it, then you have a poor product. And they'll happily cite Steve Jobs on how marketing sucks!
But a moment comes where growth cannot come through word-of-mouth alone. Where customers are so diverse with needs so varied, that spending your precious technical time on sorting customer woes on communities just doesn't pay off. Or the CEO may want to launch in US but his development center is in Romania. And selling in US means you have to do PR, of course. At this moment, the CEO knows he has to enlist marketing help because he's able to do anything, but not cater to journalists' every whim.
So here is where I came in, tasked with building a marketing team in a company where marketing was seen as a necessary evil despite the fact that the things that grew that company were the very things marketing relied on.
Hire for values
The first employee that you hire sets the tone for the entire team that follows. The second as well. After that, you can safely say you've set the groundwork for some healthy departmental principles. A first marketing employee has to have two things going on for him or her: (1) fit in with the culture and (2) really care about people. Incidentally, both these things boil down to values.
Startups are very specific, so if the culture isn't a fit, there is going to be pain. CEOs that are founders are very specific about how they want things done. Many say they want customers to be raving fans, but this may mean in practice that they want smart, ideal customers to be raving fans. If somebody isn't, well then, that's not a customer we want because he's less than smart. Or they may want marketing to be very efficient without their personal involvement. So you have to know from the start what type of person you are looking for.
Questions to ask future hires
So, besides assessing for skills, assessing for values is much more important. Here are some questions that I routinely asked:
Which skills and talents would you like to pick up apart from what your job requires? Give an example of something you noticed about your work and how you decided to improve on that aspect.
Being in a startup environment, nobody had time to tutor much new hires. So we had to make sure we hire self-learners able to learn on the fly, notice how things work and go out and look for knowledge by themselves, outside a formal company development plan.
The customer is pointing out a big problem with your product, on your Facebook company account of which you are responsible. What do you do?
What does great marketing mean to you?
By asking this I look into their caring ability. With a company that grew through word-of-mouth, you want to preserve that, so you need hires that care deeply about customers on a personal level. Marketing is not shouting. Marketing is having a conversation. Marketing is treating customers first and foremost, the rest will follow.
Give an example of a project where you had the lead but where information was insufficient. How did you complete it?
When you start a team, you want people who can think on their feet and go out and find missing information. When things are not set and structured, people have to make the most of ambiguity, especially as we were, trying to do marketing internationally, on several countries at a time, with no footprint and no previous experience, not even in our headquarter office.
Create processes, being mindful of legacy
Normally, even though marketing didn't formally exist, people were involved in marketing: social media, forums, blog writing, some Google Adwords and so on. Yet, since no one was responsible, everyone pitched in, argued a lot and the resulting work was the proverbial "no good joke survives a committee of six" - meaning the objectives of the action were lost in the process (or lack thereof).
While it's important to build processes for the new team, it's equally important to build processes for the rest of the company as well; to set boundaries and responsibilities. And make sure you do this separation smoothly because employees that played marketing roles, are generally not keen to give up on this work.
Measure and collect data
We took care not to impose strong rules from the beginning but rather focus on measurement. Data and figures were something marketers understood, but more importantly, the rest of the company understood. So measurement, data collection and tools to do this were our common ground. We structured data from 3 key areas: Sales, Customer support and Marketing Activities. Together, these 3 areas provided a complete picture upon the customer. We were grounded enough in order to go forward.
Treat each customer as a gold mine
Another process that we set up was the learn & research one. We had customers all over the world, but not so many as to be worth it to invest money in complicated market research studies. So we picked our customers' and our leads' brains. Each time a new customer signed up or things were advancing with a lead - we had team members set up a short call with that person and ask about the product experience, their respective market, their needs and how our product was used. This way we build up our case studies, usage scenarios, marketing knowledge base, potential product feature list as well as content for our inbound marketing program.
Focus on a few key practices, nail them. Move on
It's tempting at first to launch into the myriad of tactics that online marketing affords. But it's also deadly. So we approached this with tight prioritisation. We focused on what was proven to work so far, improved on it, and only after that channel was mastered, did we move on.
We paid attention to the customer community built on Get Satisfaction platform. Given that most of the business came through recommendations, we had to make sure that the hand-off was smooth, that clients noticed an improvement in how the company communicated and that they were heard, above all. Then we tackled third party communities like Spiceworks, Voip-Info etc, where our customers and potential customers were looking for information. We leveraged our customers' voices to bring in new leads. We also complemented this effort with display advertising.
In parallel, as we reached out more and more - we set up the online marketing flow, starting with landing pages, remarketing lists and webinars to pull in more leads. But each step was carefully considered as we were a very small team with plenty of work.
Automate as much as possible and enlist help
Not having many people in the department, we focused on internal tools that could save us time with manual work. We had a disciplined program of testing various tools each month, out of which we decided to buy or, at the very least, helped increase organisational knowledge about available software. In this manner we discovered Zapier to automate email marketing - specifically we linked Highrise (CRM platform) to Mailchimp (email platform) so that each time a contact changed status, an email was triggered. We tested SEMrush and Similar Web for market research, , Crazy Egg and many more.
Another thing we did - was to find internal help on certain skills. At first, we didn't have enough work for a graphic designer. Until things scaled up to justify hiring one, and we didn't want to outsource, we found people in other departments that liked and tinkered with Adobe Creative Suite. Their help was priceless not only because they filled a role in our team, but also because they understood better what marketing was trying to accomplish and they developed a sensibility for what customers resonated to.
Embed marketing in all other departmental activities
Even though marketing was a new department, we made sure we were viewed as part of the larger team, bringing a new perspective at the table. So we negotiated that once a week, at the departmental meeting, one marketing team member was to be present, be it HR, Professional Support, Sales, Product Management or Finance. Thus seamlessly, marketing was up to speed with everything that was going on and could pitch in and leverage this information.
All in all, setting up a new department was a thrilling discovery process, taking lots of creativity and compassion to bond with other employees. If there is a single key element that I would bet on, is find people that are inquisitive, gritty and able to make ends meet by any means (moral and legal means, of course).