NORTHERN (AND SOUTHERN) EXPOSURE OF YOUR MARKETING GAME Kimberle A. Badinelli Virginia Tech WHAT YOU WERE TOLD! • The Northern (and Southern) Experiences of Your Marketing Strategies Everyone wants a Northern Experience from their marketing strategies. Unfortunately, the truth is that sometimes we don't hit the mark. This program will illustrate how a conceptually comfortable marketing plan can be derailed by operational decisions, a process that can often be prevented. The good news is that with strategic intervention, the trains don't have to stay off the track. Getting your marketing plan back on track requires only encouragement and recognition that the Northern Experience is possible. LET’S LOOK AHEAD • How organizations behave & why they want a marketing plan • Quick tenants of marketing objectives • Where (and how) does it fall apart? • But why, why, why do such plans far apart? • See the signs as they come to you • Fail-safe way to derail the derailment • Final thoughts and pleas CHARACTERISTICS OF A GREAT ORGANIZATION • They • understand their mission • are purpose-focused • don’t assume – they are data driven • have a strong culture • leaders seek to influence – not control • clean their plate with A “STOP-DOING” list • change in a disciplined way • remain humble 7 MEASURES OF SUCCESS TELLS US … WE NEED TO ASPIRE TOWARDS: • Customer Focus • Organizational Alignment • Data Driven • CEO-Brokers of Ideas • Adaptability • Alliances • Dialogue WHY DO WE EVEN WANT A MARKETING GAME? • Build awareness, credibility and trust with your preferred prospect or customer • Lower the risk for your preferred customer to take the next step in the buying process • Build loyalty and emotional attachment • Brand recognition • Employee retention • Profit • Notoriety WHAT ARE THE GAME PIECES? Overview or Summary – briefly describe your business and the major points of your plan Situational analysis – a detailed and brutally honest assessment of your market, your competitors and the opportunities and challenges for your business – A SWOT assessment Marketing strategy – your specific business goals, as well as a strategy for tackling the market opportunities you identified in the situational analysis Marketing strategies – your action plan for executing on the strategy you outlined in the previous section Marketing budget and timeline – the projected costs and timeline related to your marketing tactics The right methodology STRATEGICALLY, WHO ARE YOU? • Why does the organization exist? • Whose needs will be met? • Which needs will be met? • How will we meet these needs? • To what level of satisfaction do we aspire? ARE YOU ACTIVITY OR STRATEGY-DRIVEN??? WHICH ORGANIZATIONS CAN GET THE TRAIN BACK ON TRACK? • STRATEGY • They rely on data • ACTIVITY • They just know • Mission drives them • Activities drive them • They change in a disciplined way • They either change often or seldom • The most rational voice prevails • The loudest voice prevails Micheal Gallery, OPIS, llc WHERE ARE YOU IN YOUR MARKETING GAME? • Well-established, efficient and happy • Well-established, overworked and stressful • One person does it all – everyone’s happy • One person does it all – wish we could clone him/her about 10 times • Just getting started – with high hopes and dreams • Just getting started – but, HOW! WHERE ARE YOU IF YOU SEE SOME OF THESE SIGNS? • Inconsistency of deliverables • Trying to do too much (not saying no) • Not matching your budget to your appetite • You are in your own way • Staff stress and/or burnout • Competing customer priorities • Rumors, (whispers and threats!) • Misunderstanding amongst constituents • Mistakes are made A MARKETING PLAN GONE AWRY • Dr. Pepper • In 2007, Dr. Pepper held a treasure hunt worth $10,000 in Boston. Contestants were required to find a gold coin that was hidden in Granary Burying Ground, a 17th century graveyard that serves as the final resting place of John Hancock and Paul Revere. While it was likely inadvertent, the soft drink company had basically invited pickaxe-wielding contestants to rummage through 350-year-old graves in search of the coin. When they caught wind of the event, Boston city officials were so incensed that the company cancelled it. However, even if that hadn’t happened, it would have been impossible for contestants to enter the graveyard, since the parks department had closed it due to hazardous ice conditions. Mary Hines, a parks department representative, told the Boston Globe, "I think the fact that the gates were closed was almost like an act of god." AND WE ALL KNOW ABOUT THIS ONE …. New Coke In 1985, Coca-Cola revamped its famous secret formula to counteract growing competition from Pepsi, which had stolen a chunk of its dominant market share. The sweeter New Coke beat both its original formula and Pepsi in blind taste tests. But when New Coke supplanted old, loyalists revolted. Coca-Cola ended the experiment quickly. Its brilliant comeback with Coke Classic not only recovered lost market share, but gained additional ground. “In a naïve way, it made perfect sense for Coca-Cola to improve its product, making up for a known deficiency versus a focal competitor,” Turner says. “But it made a fundamental error in forgetting what value it was offering customers—brand associations of America, friendship, nostalgia. These are emotional associations we cannot ignore.” THE SOLUTION, (SAYS I!) Strategic Prioritizing Capacity Collaboration STRATEGIC PRIORITIZING • Alice in Wonderland to the Rabbit • “If you don’t know where you’re going – any place will do” • Strong strategic plan that can be used for: • “Cleaning the plate” • Resource allocation • Brand maintenance • Capacity definition • Cost/benefit analysis • Yes/No decisions ABOVE ALL ELSE ALL EFFORTS NEED TO BE “SMART” PROJECT EVALUATION MODEL OR MEASURING THE UNMEASUREABLE • Model includes • Strategic initiatives • Target reach • Project complexity • Project request timelines • Resource allocation • Scoring and ranking • Totally invaluable unless strategies are defined and marketing plans are defined. PROJECT STAFF HOLIDAY CARDS STRATEGIES 1 or 0 SUB SCORE Student Learning Facility Impr Staff Dev Outreach Cost Contain. 0 0 0 1 0 Student Alumni Parents Administ. Staff 1 0 0 0 1 1 TARGET TYPOLOGY 1 or 0 (is dependent on your personal TARGET REACH 0-5 1-100 101-500 goals) 0 1 501-1000 0 2 all students all stakeholders 0 0 1 PROJECT COMPLEXITY (in terms of hours of assigned work) (if this important) 5 hrs. or less 10 - 25 hrs. (1 score) FINAL SCORE (.80 score) 26 - 50 hrs. 51 - 100 (.60 score) (.40 score) over 100 hours (.20 score) x 1 MATERIALS COSTS (x) TIMING OF REQUESTS (x) ETC…. (x) 5 (+) PROJECT DINING GUIDE STRATEGIES 1 or 0 Student Learning Facility Impr Staff Dev Outreach Cost Contain. 1 0 0 1 1 Student Alumni Parents Administ. Staff 1 0 1 1 1 TARGET TYPOLOGY (is dependent on your personal SUB SCORE 1 or 0 TARGET REACH 0-5 1-100 101-500 goals) 0 3 0 501-1000 0 4 all students all stakeholders 4 0 4 PROJECT COMPLEXITY (in terms of hours of assigned work) (if this important) 5 hrs. or less (1 score) 10 - 25 hrs. (.80 score) 26 - 50 hrs. (.60 score) X FINAL SCORE 51 - 100 (.40 score) over 100 hours (.20 score) 0.6 MATERIALS COSTS (x) TIMING OF REQUESTS (x) ETC…. (x) 11.6 (+) CAPACITY BASIC – Have to have the “ABILITY” to perform the work. “Writing a press release might take an hour. It's the meetings ahead of time to gather facts, and after it's written to get input and do a new draft, that can take up more time. “ YOUR PROJECT ALL PROJECTS AND, IF IT HAS MORE THAN ONE DELIVERABLE…….? MULLEN MARKETING ECOSYSTEM COLLABORATION OR HOW WORKS GETS DONE – TOGETHER! Playing nice just doesn’t cut it! IN SPITE OF THE BEST WISHES OF EVERYONE COLLABORATION TAKES … Administrative focus Centralized communication processes Commitment to the brand Commitment to the success of ALL departments including support PLANNING, PLANNING, PLANNING, PLANNING well ahead of time And Candid evaluation on a regular basis WHAT DOES IT TAKE TO MAKE COLLABORATION WORK? • Lesson 2: Ensure that the collaboration team is committed to the project/process and that it has a manageable number of people. Lesson 5: Teach and help team members to ask the right questions, collect and interpret data, and use data to drive better policymaking and decision-making • • Lesson 3: Team members need to create a collective vision. Lesson 6: Provide team members with some structure for completing the project/process.sion-making. • • Lesson 4: Teach team members how to collaborate. Help them to understand how this process differs from traditional ways of working, interacting, solving problems, and making decisions. Lesson 7: Lay out, inform, and educate team members about the specific steps of the project/process at the very beginning. Increase understanding of where they are going and what they will be doing for the entire duration of the project. • Lesson 1: Ensure that the people or the group in charge is officially sanctioned and authorized to make decisions. • MORE COLLABORATION • Lesson 8: Identify project/process Outcomes, goals, and midterm milestones early in the project or process. • Lesson 11: Ensure that policy teams have the staff support and resources needed to coordinate project/process activities. • Lesson 9: Help policy teams identify and define their long-term priority/strategic issues (rather than their immediate problems) early on. • • Lesson 10: Ensure that leadership roles and responsibilities are clearly defined and that policy team meetings and the overall process are facilitated effectively. Lesson 12: Communicate Continuously the next steps and activities in the process and the rationale for doing them. Tie the work that is being done to the appropriate steps in the process and ultimately to the project/process outcomes. UNIVERSITY STRATEGY COMMON BOOK PROJECT DSA/DINING SUSTAINABILITY COLLABORATION PROJECT VALUATION CAPACITY TIMELINE THE FIX TO KEEP YOUR TRAIN ON THE TRACKS THREE TENANTS STRATEGY CAPACITY COLLABORATION Kimberle Badinelli; kbadinelli@yahoo.com