Thursday, August 22, 2013

3 Big Marketing Mistakes

Marketing is a busy business and requires an intelligent and creative mind to really be successful. The reason is because marketers have to be creative enough to capture the attention of consumers and do things that have not been done before. It's important to be able to walk the fine line between doing what you want to do and still pleasing consumers Marketing involves a lot psychology as well because marketing requires marketers to think like a consumer and get into their minds to answer the questions about things like, "How can we get people to notice this product/service/idea?" Of course, there are some common mistakes that marketers make while trying to promote products/services/ideas.

The first common marketing mistake, especially with internet marketing is that marketers can forget to consider a target market's values, beliefs, etc. A big ploy in marketing is to tug at the values and beliefs of a target market; you want to play with pathos, ethos, and logos (feelings, credibility, and logic) but especially pathos. Persuasion is hard to accomplish but is often accomplished when you get your recipient of the persuasion, or marketing, to consider things they hold close to their heart. As a Chicago marketing agency , we have seen other marketing and advertising agencies accomplish this. For example, there was an ad in a magazine a couple years ago for Goodyear tires; the ad showed a baby smiling and playing with a toy and the copy read, "Because you care about what rides on your tires" and the point of the ad was to use pathos and get parents to consider their loved ones who ride in their cars and how they need top quality tires if they want to protect their family from harm in the cars. Unfortunately, there have been companies that decided to do what they wanted and ignored their target markets.

A second common marketing mistake is failing to excite. Some marketing agencies believe that they can get excitement generated for products by using clever buzz words or just by recycling an old marketing plan from a previous product. On the former, using clever buzz words can indeed generate excitement but having too many of them can overwhelm consumers who will then ignore the marketing efforts. On the ladder, recycling old marketing plans that were once successful can lead to mediocrity and failure. The reason for this is because what made the marketing plan great the first time was the customization to that particular product/idea/service but that customization is not there when it is recycled. The efforts are then mediocre and complacency sets in.

A third common mistake made by marketing firms is making a message too hard to move. What do I mean by this? If a marketing message is not something you remember easily and can communicate it quickly, like in under a minute, then people won't remember it or they just won't care to relay the information. Think of it this way, the message should be able to be relayed in an elevator speech; this is a speech that can be completed in 30 seconds or less.

These are common mistakes but you don't have to repeat history! Do your research and understand your target market.