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	<title>Ubigen &#187; Ethics</title>
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		<title>Why Marketing Rules Are Useless</title>
		<link>http://www.ubigen.org/2010/01/why-marketing-rules-are-useless/</link>
		<comments>http://www.ubigen.org/2010/01/why-marketing-rules-are-useless/#comments</comments>
		<pubDate>Wed, 27 Jan 2010 16:41:27 +0000</pubDate>
		<dc:creator>Greg</dc:creator>
				<category><![CDATA[Ethics]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Relationships]]></category>
		<category><![CDATA[Success]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[World Events]]></category>

		<guid isPermaLink="false">http://www.ubigen.org/?p=144</guid>
		<description><![CDATA[The following is an interesting piece I read from another Greg &#8211; Greg Satell.
We like to have rules.  Rules make it easy for us, they absolve us of responsibility.  With a little bit of work, we can learn the rules and apply them.  If we can show that we’re following them, we [...]]]></description>
			<content:encoded><![CDATA[<p>The following is an interesting piece I read from another Greg &#8211; Greg Satell.</p>
<p>We like to have rules.  Rules make it easy for us, they absolve us of responsibility.  With a little bit of work, we can learn the rules and apply them.  If we can show that we’re following them, we can prove that we’re doing our jobs.  Unfortunately, we won’t be doing them very well.  For a system of rules to be effective, it would have to be verifiable, internally consistent and complete.  Unfortunately, that is a logical impossibility.  Effective management isn’t about following rules, it’s about showing good judgment in the face of uncertainty.</p>
<p><a href="http://www.digitaltonto.com/2010/why-marketing-rules-are-useless/" target="_blank">Read Full Article Here</a></p>
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		<title>Measuring Market Initiatives</title>
		<link>http://www.ubigen.org/2009/02/measuring-market-initiatives/</link>
		<comments>http://www.ubigen.org/2009/02/measuring-market-initiatives/#comments</comments>
		<pubDate>Thu, 05 Feb 2009 23:45:25 +0000</pubDate>
		<dc:creator>Greg</dc:creator>
				<category><![CDATA[Ethics]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Marketing]]></category>

		<guid isPermaLink="false">http://www.ubigen.org/?p=83</guid>
		<description><![CDATA[Last week, I got a call from my uncle! It was a call that made me smile. He had been reading my articles and he wanted me to help him with a site he is trying to put together for his business. It made me smile, because I wasn&#8217;t exactly sure that he was one [...]]]></description>
			<content:encoded><![CDATA[<p><span style="font-family:Verdana;font-size: small">Last week, I got a call from my uncle! It was a call that made me smile. He had been reading my articles and he wanted me to help him with a site he is trying to put together for his business. It made me smile, because I wasn&#8217;t exactly sure that he was one who read my articles.</span></p>
<p><span style="font-family:Verdana;font-size: small">Today, a good number of businesses are not sure how effective their marketing campaigns are. Yes they know that TV works, Radio Works, and it pays to advertise in the papers. <strong><em>But the role of marketing has moved from just advertising on any/all of these media to identifying which ones are the most effective for which campaigns.</em></strong> Businesses are cutting costs. And marketing costs get affected too. So your Chief Marketing Officer of today to report to the owners of the business which media work, and which ones don’t. Sadly (and it doesn’t have to be this way), a good number of CMOs have not woken up the the reality of measuring which media work the best. And for those who are measuring, a lot of the tools they use are more qualitative (than quantitative).</span></p>
<p><span style="font-family:Verdana;font-size: small">In this article, we shall look at two tools that do give marketing professionals today a good view of what works best:</span><br />
<span style="font-family:Verdana;font-size: small"></p>
<ul>
<li><strong>Your company website</strong>: it started with companies including its site address in marketing communications. Those companies who are higher up the chain include a specific address of the page that the advert is talking about (e.g. yourcompanysite.com/theproductyouareadvertising). Even better, are the companies that track what media is getting the most reach.</li>
<li><strong>SMS</strong>:  with the proliferation of mobile devices, its no wonder that SMS is fast becoming a useful method to capture customer feedback.</li>
</ul>
<p></span><span style="font-family:Verdana;font-size: small">So how does this work? Let’s put our imaginative hats on (all characters in this story are fictituous and do not resemble anyone in real life and …) :</span></p>
<p><span style="font-family:Verdana;font-size: small">You own a company (<strong>THECOMPANY</strong>). And your site address is thecompany.com. You have just launched a new product called THEPRODUCT. So you have created a page on your website (thecompany.com/theproduct). You have chosen to advertise this product on taxis, on radio stations 1, 2 and 3.</span></p>
<p><span style="font-family:Verdana;font-size: small">Your campaign works this way:</span><br />
<span style="font-family:Verdana;font-size: small"></p>
<ul>
<li>People who see your ads on taxis are told to either visit <strong>thecompany.com/taxi </strong>or SMS the word <strong>taxi </strong>to a shortcode to find out more.</li>
<li>Those who listen to radio station 1 are told to go to<strong> thecompany.com/radio1</strong> or SMS <strong>radio1</strong> to know more.  Its <strong> thecompany.com/radio2</strong> and text <strong>radio2</strong>; and <strong>thecompany.com/r</strong><strong>adio3</strong> and text <strong>radio3</strong> for those who listen to radio stations 2 and 3 respectively.</li>
<li>The same principle can be applied to any media (TV, Billboard) and you can reduce to any level of granualrity that you desire.</li>
</ul>
<p></span><span style="font-family:Verdana;font-size: small">The trick though, is that all these pages redirect to <strong>thecompany.com/theproduct</strong>. A good website has counters (ask the person who built your site) and statistics at the back-end. And you can ask for how many unique people went to each of the addresses you advertised. Also, you need to keep count of unqiue people sent an SMS to your advertised shortcode. This way you get an indication of which media is doing more than the other. As you get better at this, you can also begin to define campaigns that help you determine which customer segments are reached better by some media than others (most marketing &#8216;professionals&#8217;. if they are honest with themselves, would admit that they are still playing the guessing game with monitoring the quantitative results of their campaigns). For example, you can actually determine if Old people listen to radio station 1 a more than they read newpaper y.</span></p>
<p><span style="font-family:Verdana;font-size: small">The benefit? You can use the learnings from a campaign to determine  the kind of media (combination) to use to advertise a product has features that can attract a particular customer type.</span></p>
<p><span style="font-family:Verdana;font-size: small">Things can be as straightforward as this. But there are some considerations for embarking on campaigns like the one described here:</span><br />
<span style="font-family:Verdana;font-size: small"></p>
<ol>
<li>You need to <strong><em>be sure that you know what you want to do for people who send you SMS</em></strong>. Most businesses call the customer back to do a follow up and possibly get a sale. Some others have gotten themselves a nice SMS application that allows them to send and receive messages to/from the customer to determine the interest level. Others (and this is my favourite) entice the customer with a potential for reward. This always gets people going.</li>
<li><em><strong>Decide on what it would cost the customer to send you the SMS</strong></em>. This can be free (in which case, your business would bear the costs of receiving those messages); it can be a standard rate that the network charges for SMS; or it can be premium (your customers must really be excited about sending you an SMS for them to want to pay more than what their network charges for a message!).</li>
<li>Make sure you <em><strong>get your communication and web/WAP/mobile development teams to align</strong></em>. This is the biggest challenge for most marketing campaigns. And the major reason is that the communication and Web/WAP/Mobile development teams speak different languages. So it can be like building the Tower Of Babel to get them to work together. But it is possible, and the results can be fantastic!</li>
</ol>
<p></span><span style="font-family:Verdana;font-size: small">I end this article by saying that your business is like your child. To succeed with your child, you must come down to the level of the child. In the same manner, you cannot decide that all this web and SMS stuff is too techie for you to understand. This is part of the feedback I gave my Uncle when he called to talk to me about building his website. Like every other business, your business is first and foremost a marketing and sales  business. The only difference is that you are marketing and/or selling a particular product(s) or service(s).</span></p>
<p><span style="font-family:Verdana;font-size: small">Thanks for reading. See you soon!<br />
</span></p>
<p><span style="font-family:Verdana;font-size: small"><strong><em>———–</em></strong></span></p>
<p><span style="font-family:Verdana;font-size: small"><strong><em><span>P.S. Do go ahead and share this page (and previous articles on the right hand side of this page) with those you care about. I would be glad to know what other methods can be used for measuring the effectiveness of marketing initiatives.</span></em></strong></p>
<p></span></p>
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