Review Paper Angela West INSC 590: Marketing Summer 2015 University of Tennessee – School of Information Sciences West, Review Paper Abstract For this assignment, the author will compare two journal articles: One general marketing article from Entrepreneur, and one library-centered marketing article from LIBER. This paper will compare and contrast the approaches proposed by these two articles. 2 West, Review Paper Read two substantial/scholarly journal articles: one with a general marketing theme (non-library) and one focusing on marketing in a library environment and write a paper that compares and contrasts the two approaches to marketing. Library Marketing Article The article chosen for this assignment is “Expert Tips for Marketing your Library” by Friedel Grant (and featured on the website for LIBER, the Association of European Research Libraries). The author interviews marketing expert Ned Potter, author of “The Library Marketing Toolkit: a Practical Guide to Library Marketing and Branding.” Potter’s book offers “coverage of every element of library marketing and branding for all sectors including archives and academic, public and special libraries, providing innovative and easy-to-implement techniques and ideas.” The article states that libraries have not been achieving their potential when it comes to marketing, and one of the greatest struggles faced by libraries is the vast array of services offered. While most companies are mainly concerned with the promotion of one type of product or service, libraries serve patrons that are diverse and have a wide variety of needs. Pinpointing a start to a marketing strategy can seem difficult and overwhelming. The first suggestion that Potter puts forth is for a library to figure out its particular goals and what it wants to achieve. This is crucial in guiding the library’s marketing efforts and keeping its expenditures (both monetary and in staff time) in line. He then recommends moving on to research on community demographics and user needs. By determining the needs of the user base via census and SWOT analyses, a 3 West, Review Paper library can tailor its plan to be the most effective it can be. Only after these initial stages does Potter suggest going into the actual job of promotion and marketing. When it comes to promotion, Potter highly recommends using social media and video to get the library’s message out to users. With video promotion cheaper than ever to produce (most smart phones come with built in cameras) and easy to host on sites like YouTube, he calls video a “must-have” in library promotion. New York Public Library are brilliant with social media marketing. They use blogs and Facebook well, but their online portfolio reaches a huge amount of people partly because they use so many platforms successfully: Tumblr, Foursquare, and YouTube – plus they have 200,000 followers on Twitter (@NYPL). They don’t stand still, they innovate and change things up all the time. For an example of more traditional promotion working in new and interesting ways, Calgary Public Library’s fantastic “Everything You’re Into” campaign has been plastered everywhere: on coffee cups, in grocery stores, and even jet-washed onto local pavements. It aimed to change perceptions, and it really worked. Potter also discusses a method that he calls “quick wins,” where a library makes small, short term goals that can be used to show management that your marketing tactics are working. Non-library Marketing Article For this section, this paper will focus on an article titled “Marketing Strategies for the Future,” which was written by Barbara Findlay Schenk and featured in both Entrepreneur and Business on Main. This article focuses on the changes in general marketing strategies over the years and how companies need to adapt to new methods and ways of communication. “The old paradigm,” it states, “where businesses produced, marketers talked, consumers listened and sales followed --- has given way to an 4 West, Review Paper economy where customers co-create, marketing strategies involves two-way interactions, and customized product offerings move into the marketplace via channels unheard of even a few years ago.” This is a clear reflection of “Business 2.0” and its pervasiveness. One of the ways the article suggests adapting is to react to customer needs. Find out what customers want (or indeed DON’T want) and change tactics according to that need. This involves closely monitoring the customer base and watching as trends change and evolve. It mentions that customer opinions are the main force behind the economy, and that marketers must strive to please the customers in ways that they’ve never had to worry about before. For example, the article mentions when Gap and the University of California changed their logos, an act which prompted an outrage so significant that they recanted the designs. This is tied into the greater interactivity between business and customer, and the internet is making customers’ voices heard in ways they would never have been able to in the past. The article also stresses uses new perspectives and innovative ideas to change marketing strategies. Forming committees to brainstorm new ideas and think outside the box are essential to generating new tactics to reach consumers. “Don't play it safe. Ask ‘What if?’ again and again, exploring as many ideas as your group can generate.” With technology and communication changing at such a rapid pace, businesses are forced to adapt to the customer’s methods of providing feedback and purchasing items, as well has staying relevant and valued in customer bases. Compare and Contrast 5 West, Review Paper The articles show that there are a lot of ways to compare general business marketing strategies with library-specific ones. While the outcomes are of each business’s marketing tactics are different, there are also quite a few similarities that can be drawn between the two. The following section will explore the various commonalities and differences between information settings and general marketing efforts. Similarities: Both the library world and the general field of marketing strategies have become very much embroiled in the world of Web 2.0, which has introduced a much closer, more intimate relationship with a user base than has ever been seen before. Each of the articles talked about reacting to user needs, reaching out to the user via their preferred methods of communication, and adapting to technology. Making the user feel included, even in decisions such as what the company logo should look like, is now a necessary part of public relations. The Entrepreneur article cites a quote from Seth Godin’s book “The Icarus Deception,” which states that “the value we create is directly related to how much valuable information we can produce, how much trust we can earn and how often we innovate.” This sounds very much like something that would be said and applied to a library environment. Both mentioned two-way user interaction as a key method of staying relevant. The non-library article refers to this as part of the “sharing, connected and thank-you economy,” which is similar to the concept of Library 2.0 in which users are encouraged to interact with the library directly and influence the library’s growth and change in a much more involved manner than was seen in the past. Both articles specifically mentioned altering customer/patron behaviors. The idea is that a marketing strategy 6 West, Review Paper should not just appeal to users, but actively change the way they consume information/products within your setting. For example, Potter mentions that a library may get a lot of people to follow them on Twitter, but has their behavior changed? Do they use the library more? Do they actively promote the library to other people? Both articles stressed the importance of researching your users and creating services/products designed for those users. Learning what your patrons/consumers want is the cornerstone of successful business. Differences: The greatest difference between the two strategies is the user base itself. While libraries seek to provide information to the public for free, the other article focused on businesses that seek customers for profit. While this may seem like a slightly similar goal, the fact that business seek money and sales can have a great impact on the style of marketing. In the Entrepreneur article, there is a section dedicated to providing easier payment options and the different types of rewards that can be applied to purchases. The idea is to reward a customer for their commitment to the company. Libraries, on the other hand, do not seek profits and therefore are not in the position to provide rewards for this kind of transaction. Libraries are focused on connecting with consumers and asserting value, whereas businesses seem more focused on creating loyalty to a brand. Businesses also have to worry about creating products that people will be motivated to actually buy, whereas a library can offer technology to the public for free. The Entrepreneur article states that electronics are a particularly difficult sell because “68 percent of people are satisfied with the technology they already own, and in part 7 West, Review Paper because consumers are more interested in solutions to what The Washington Post terms ‘seemingly intractable problems such as sanitation in the developing world, sustainable agriculture and data privacy.’" Consumers need to be convinced that a product is worth spending their money on, while a library’s services provide this sort of service for free. Another key difference is that libraries are focused on one particular community, therefore demographic research revolves around the statistics concerning that particular area. Businesses, particularly the large ones, take a much broader approach. While a library may be concerned with how the population has fluctuated within a town, a business will be conducting research on “18-35 year old males” and other such wide demographics. Conclusion While both libraries and non-library settings have some key differences, it is clear that libraries can learn a lot from general marketing strategies. Although many businesses are reliant on sales and profit, their marketing tips for researching demographics, creating brand loyalty, and pleasing customers can easily be applied to a library environment. After all, a professional environment, whether it’s for profit or not, is wholly dependent on the satisfaction of its clients. 8 West, Review Paper References Godin, S. (2012). The Icarus deception: How high will you fly? New York: Portfolio/Penguin. Grant, F. (2013). Marketing Strategies for the Future. Retrieved from http://www.entrepreneur.com/article/225999 Schenk, B. (2013). Marketing Strategies for the Future. Retrieved from http://www.entrepreneur.com/article/225999 9