Archive for the ‘Marketing’ category

The buying process is seldom the selling process

February 2nd, 2012

Buying process is seldom the same as the selling processI am presently working on defining a buying process and as always when I am working on projects I like to write posts as they help to structure my ideas and put them to the test. To start with; a buying process is the process (series of steps / actions) that a buyer follows to purchase a product or service.

The general misunderstanding in most companies is that the sales process is the buying process. Unfortunately this is seldom the case. The selling process is how your sales teams sell the product (create interest (telemarketing e.g), do a demo (live e.g), negotiate price etc. However that does not mean that the sales process coincides with how YOUR customer actually buys the products (buying process) unless you have investigated it and mapped your sales process with the buying process. So your customers maybe do not like telemarketing and prefer to go to straight to your website, they prefer to try the product before seeing a demo etc.

Get to know your buying personas, the selection process is their’s!

What generally happens in the majority of companies is they create a sales process generally based around the experience of it’s sales force, sales directors, from the previous companies they worked in etc. In a lot of cases these sales process have very little to do with how YOUR customers actual buy the product.

To be able to understand the buying process you need to know who engages in the buying process, when they engage and how they engage. For example, you may have the economic persona, who runs the numbers; ROI etc and also a Technical persona who ensures the product is aligned with company policies, process etc and so on and so forth. You also need to identify the barriers they encounter in the various stages during the selection process.

Once you have that (and a lot of other) information quantified and qualified you need to then make sales actions to respond to the buying steps and create tools which enable the sales team to help the prospect in each step of HER / HIS selection process.

Another key to creating outside-in market driven products

Understanding the commercialization of products from a buying perspective before the sales perspective is key in creating market driven products as you are once again focusing on the problems being faced by your market (outside in focus), this time the problems your customers have in selecting the right product instead of the problems you have in selling the product to your customer (inside out thinking).

 

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What is the brand, the company or the product name?

January 12th, 2012

Company product brandingI got a lot of feedback in regards to my post on the importance of categories in branding and why you need to create a new category if you really want to set yourself apart from the rest of the pack.The feedback I got was more to do about the basics of branding which I tried to explain in an earlier post. Most people understand that the company name is the brand but don’t understand that the actual product name is also a brand. So the brand is Apple, so too is iPad or iPhone, Gillette and Match 3 etc.

Angry birds; strong brand name but who is the company?

What is the brand name, the company or the product? The answer, both, the question is which do you want to push more? At a strategic level the company brand might be very strong and it might give additional klout to the product name or it might actual take away from the product brand. Long story short, any name is a brand, depending on the strenght of the name and how it is perceived in the market you might want to push the company brand or the product brand more or less. Case in point, Angry Birds. What is the company brand? Rovio Mobile! I actually had to look that up. Here the product brand is much stronger than the company, this is not the case for Apple and it’s products.
So in the case of Angry Birds, it’s logical that Rovio Mobile will push the product brand and not the company’s as the company name does not add value you to the product. Another good example of this is Venus, the women’s shaving product line. Who is the company behind the products? Gillette. However, the Gillette brand is very much associated with mens shaving products so strategically it was important NOT to push the company brand and only push the product brand, Venus.

Conclusion

So both the product and company names are brands. If you are commercializing a product you will always need to push the product brand but sometimes it is also important to leverage the company brand as it can add additional value and in some cases you may wish to hide the company brand as it may not add value or even hurt the product.

 

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The Samsung Note; no category = poor branding. Apple did the same!

January 5th, 2012

Samsung galaxy note poor branding? No category..Is it a smartphone, is it a tablet?This is the new marketing campaign for the Samsung Note. One of the goals of marketing, if not the most important, is to dominate a category. If you cannot dominate a category you should create a new one and dominate it. So, you need to create a product that enables you to create a…new category.Samsung does seem to have created something different with their Note, it’s not a traditional smartphone or tablet, however, they haven’t created a category. They just ask the question “Is it a smartphone? Is it a tablet?”. This would appear to me to be poor brand management, where is the focus? Where is the category? How do you get PR to leverage that? How will a customer source that product, in the tablet category? in the smartphone category? or both.

Apple made the same mistake, remember Newton MessagePad?

This is not new. I know I am a big fan of Apple and I have been criticized for only find stating the virtues of the company, however, today I break with tradition:-) Apple also made the same mistake with the Apple Newton MessagePad, they didn’t manage the Category correctly and asked potential customers in an ad campaign; What is it? There where also technological convergence issues here but the branding was also important.

I have seen on other posts that Samsung could carve themselves out a small niche with a new size category, maybe, but they need to directly define that wether that means calling it a “Mini-Tab, Mini-Tablet” etc it needs to be defined.

Conclusion

Only time will tell. Besides the branding issue I think Samasung has also another issue with the product; it doesn’t seem to address any new market problems that are not already resolved either with the Tablet or the Smarthphone.

 

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