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Charlie Sheen, Ashton Kutcher make great marketing theater

May 16, 2011

OK.  I admit that I’m fascinated with this week’s news that Ashton Kutcher is taking over for Charlie Sheen on the #1 TV sitcom “Two and a half Men.”sheen_1894755c

Somewhere inside this whole mess with Charlie (”winner”) Sheen, producer Chuck (”my way or the highway”) Lorre, Warner Bros and CBS which stand to make/lose tens of millions lies some big business and marketing lesson.  I’m just not sure which one is the most interesting.

Biggest Two and a half Men Marketing Issues:  Vote for your choice


There’s the PR / damage control.  The threat of losing a major cash cow.  The impact of a tarnished key product that makes selling other products much easier.  The customer’s reaction to a drastic change in a popular product.  The disgruntled ex-key employee badmouthing you to anyone who’ll listen.

Wow…What a bonanza!

Do you mess with what works even if you hate it?

Two and a half Men was projected to earn CBS and Warner Bros. $250 Million in 2012.  Even with bad boy Charlie doing his thing, the money rolled in.  So, is it even a good idea to dump Sheen and bring in Kutcher – thereby messing with a tied and true formula?  Or should they have just canceled and built around something else?

What’s the damage to the show’s (or the network’s) brand?

CBS has been able to leverage the Two and a half Men brand to boost the value of shows it places around it.  Now that their dirty laundry has aired so publicly, will it be so easy to cross-sell other products?

How long will the ex-key employee (Sheen) remain a problem?

This is a nightmare scenario for any business owner.  What happens if your top employee – salesperson, engineer, executive – leaves and says nasty things about you to anyone who’ll listen?

These themes here should be familiar to any business: The loss or devaluation of a top product on the company’s finances, sales and marketing strategy.  The fallout from a poorly handled employee separation.

Good theater is watching something we can relate to – happening to someone else.  In the case of this production, the most interesting storyline is taking place off screen.


Want to Know More about Albany Marketing firm Burst Marketing?
Visit us at www.burstmarketing.net

 

Leads – get em while they’re hot!

May 9, 2011

Sales resources are scarce in terms of both money and professionals. The last thing you want are your salespeople (you included!) chasing around prospects that are a waste of your time. There are too many that aren’t qualified or aren’t ready to buy.

So how do you stop chasing your tail and improve the quality of the prospects you spend your time and money on?

Here is one principal to keep in mind.

The 24th time’s the charm

We’re often asked how long it takes an advertising campaign to work. The answer is…it depends. But we do know that it takes persistence.

In 1972, researcher Herbert Krugman detailed what has become a famous advertising mantra called the three hit theory. His theory basically went something like this –

All marketing messages must be received at least 3 times by a target audience member. The first so that she senses that you are communicating. The second so that she understands what’s in it for her. The 3rd so that she decides what she wants to do.

With so many marketing messages bombarding your audience, in our experience, particularly when a message includes a call to action – like in lead generation (or any good marketing message for that matter) – the 3 hit theory actually behaves more like a 3 x 3 x 3 hit theory.

It takes 3 exposures for your audience to realize you are communicating to them, 3 x 3 or 9 exposures for them to grasp what you’re asking them to do, and 3 x 3 x (nearly) 3, or 24 exposures for them to decide whether to accept your request for action or not.

So, one simple “hotness” test is how many times a prospect has been exposed to the message and did they actually take the actions you’ve asked them to take.

To clarify, the 24 exposures is required to be absolutely certain you have exhausted any hope of having a citizen (Seth Godin’s word for a member of the universe) make a final decision to accept or reject your request for action.

Are your expectations realistic in light of this? Are you prepared to make sure your message is received 24 times by your target audience?

Maintain focus on your marketing priorities and perseverance. Nurture your targets with continuous communication. In time, the ones you seek will be on fire.


Want to Know More about Albany Marketing firm Burst Marketing?
Visit us at www.burstmarketing.net

 

Report bad news immediately

May 2, 2011

Tags: ,
Categories: Courage, Customer Focus

After all the great strategy, ideation, and creativity has flowed into the production of a stellar campaign blueprint - the hard work is still yet to come.  Project execution.

There’s something every marketer should understand when launching a project:  Things happen.  Occasionally deadlines might get nudged due to unforeseen challenges.  Try as we might to overcome all impediments and not break a sweat in front of our clients, chances are that that some difficulty will arise.  The more complex, the greater the likelihood – especially when budgets are tight.

My best advice to project managers is something my dad taught me when I was 20 and have tried to practice my entire career:

Report bad news immediately

In 1987, I was 22 when the stock market crashed and had about $20 Million under management.  Lots of money was lost.  But those at my firm didn’t hide from our clients.  While the bad news didn’t change, our professionalism, and therefore our client’s trust remained intact.

Those that ran away were chased down by clients who took their investment dollars elsewhere, or worse.

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Today’s entry from your humble blogger will be short and sweet – because of an unexpected resource problem.

While feeding our firm’s beloved dog Tag a meaty bone, our cat Chester got really jealous and wanted to snatch it away.  Not good.

Luckily, we had a two pack so I tried to slice off a cat-size hunk of bone.  The picture below will show the unfortunate outcome.

My right index finger has unexpectedly taken a leave of absence.

There it is.  It happens.

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Want to Know More about Albany Marketing firm Burst Marketing?
Visit us at www.burstmarketing.net