Monday, December 2, 2013

Using Smaller Paragraphs to Keep the Attention of the Reader

I am not a professional writer, yet. Therefore, I have to be my own copyeditor. This is actually good in some ways because, though it requires more work on my end, it means I am learning a valuable skill. Of course while I was attending college I had to write on an academic level, but learning copyediting takes editing another step. One of the important concepts in copyediting is writing clearly.  

I am sure many can remember trying to read a book and finding it difficult to get through even a paragraph without needing to reread it. This is not necessarily a sign of being a bad reader. On the contrary, many would argue it is a good writers responsibility to convey even complex subjects to the reader clearly. I think of a book like Cosmos by Carl Sagan. It is about astronomy but is written in a readable manner and this surely helped the book become a bestseller. There certainly is a place for technical writing and more esoteric literature but these writing styles have a specific audience more than a general appeal.  

One easy way to keep the reader's attention is by simply breaking up your text into several smaller paragraphs rather than one or two large paragraphs. It is mainly a trick for making information appear less daunting to the eyes, but it is effective. If it looks like the text is long and complicated to read, many will simply stop reading, thus missing what you are trying to say. If your writing looks more manageable, more readers will actually read and understand your content and this is the ultimate goal of good writing.    

Monday, November 11, 2013

Interesting Interview With Ash Pournouri

Almost everyone involved in EDM and many casual music listeners know of DJ/Producer Avicii. He has swiftly risen to top tier status as an artist, ranking as the number 3 DJ in the world in both 2012 and 2013. A lot of his success has to do with his visionary manager, Ash Pournouri. Here is an interview with Ash from EMC Australia where he gives insight into building a successful career for an artist like Avicii:





   

Wednesday, August 21, 2013

Greek Yogurt Marketing

I came across this article about the marketing of Greek yogurt brands in America. One, Fage, is a more established player, while the other is the newer Chobani. In the end, Chobani has taken the lead. Is marketing partly to do with this?:

http://adage.com/article/al-ries/fage-lost-greek-yogurt-war/237558/


Friday, August 16, 2013

Contrast In Marketing: Commercial Volume

I have an idea for a commercial that I think would be effective and relatively unique. Commercials are often very loud; an attempt to gain the attention of those listening. Though this can sometimes cause people to pay attention, it can also make them unhappy with loudness of the commercial. In fact, due to this there is at least one law, the CALM law which now regulates how loud a commercial can be. However, because most commercials are at a high volume, a lot of people just tune out a good portion of the loud commercials they hear.

My idea is to do the opposite technique to get peoples attention. What if in the midst of a group of loud commercials, an ad suddenly came on that was silent, or significantly softer. I think the contrast in volume could grab peoples attention even more effectively than trying to be as loud as all the other ads, and might even cause people to talk about how soft the commercial is. Once people are talking about an ad, recognition and consideration of what is being advertised is not far behind. The other plus: in addition to paying attention to the quieter ad, some people might appreciate a softer commercial and associate it positively with the company.

Commercial volume is not the only way to use contrast in marketing but I think it is an easy illustration of how it can be effective.

Friday, July 26, 2013

Trend in Music Marketing: Uploading A Whole Song Onto Youtube

I can remember when I first started using Youtube around 2006 or so. Back then, there was not nearly as much content as there is now. The sound quality was not great in the early days, and videos were usually pretty short. It was rare to find a record label or artist uploading an entire song on Youtube in the early days. Over the years though, Youtube's sound quality improved, and a vast amount of content has been uploaded. At some point it started to become relatively easy to find uploads of most popular songs, usually uploaded not by the record label or artist, but another Youtube user. Lately, that is changing by my observation. It is becoming much more common for labels and artists to upload their own songs onto Youtube.

I am sure there are pro's and con's from the standpoint of a label or recording artist who uploads full versions of their songs onto Youtube. I think overall though, it is the good decision for most music makers to make. First of all, from a practical standpoint, most popular music is going to get uploaded anyway. Second, you can monetize Youtube videos and make decent money off of that. Third, Youtube can be a promotional tool that can lead to more avenues to earn money on your music. Though many everyday consumers may not ultimately purchase a song if it is uploaded in full on Youtube (though I don't know if there is a correlation or not), if it gets hundreds of thousands or even millions of views, it is fantastic promotion. Though you may not make as much on song downloads, you may get deals to have your music in a film, on a commercial, on a television program or get live performance gigs based on the success of your music.

Ultimately, I would say use Youtube to get as many people to hear your music as possible and monetize the video so that if it goes viral there is some cash coming in off the video. Otherwise, it might be a wasted marketing opportunity.  
 

Thursday, July 18, 2013

Why Some Would Rather Be 'In The Know' Than Flashy

For many, part of the allure of buying something expensive is that it is a status symbol. However, according to research, some high end consumers actually prefer a smaller, more exclusive group of people to recognize that something they own is very high end. An example in one study found that while among sunglasses under $50, 21 percent had a logo on them, 84 percent in a more expensive category between $100 and $300 had a logo. The fact the cheaper sunglasses would not emphasis a logo as much as a more expensive pair is not that surprising. However, among really expensive sunglasses above $500, the percentage with a logo went down again, dramatically. Only 30 percent of these super high end sunglasses had a logo which could be used to identify them, thus making it more difficult to differentiate whether a pair was as an expensive brand or a cheaper brand. Thus, for people who bought one of the 70% of sunglasses over 500 dollars without a logo, the fact the sunglasses were higher priced would be recognized by fewer people, or a smaller more exclusive group who recognize them as being from a high end brand in other ways than just a logo.   

A link to a summary of the research can be found here at ScienceDaily:
http://www.sciencedaily.com/releases/2010/06/100621173930.htm

Thursday, May 30, 2013

Loss Leader Pricing Strategy

A loss leader is an item priced beneath or at market value but potentially gets customers in the door to then purchase other items which are priced to make a profit. Printers for example, are sold for a bargain but are a one time purchase. The ink used by the printer is usually less of a bargain and generally new ink cartridges have to be purchased periodically to replace the previous one which eventually runs out of ink if the printer is being used regularly. Thus, although the printer company might lose money (or simple break even or not make much) in the beginning selling the printer, in the long run they will come out ahead due to the profitability of the ink. There are many other examples of using loss leaders as a pricing strategy and it has been a success in many cases.

Friday, May 24, 2013

Creating An Effective Slogan

If you make a list of well known companies, you can probably think of some, if not many of the slogans used over the years by these companies. In fact, I can think of some companies that I don't know that much about other than a slogan.

Some slogans work, others don't and some are very successful and long lasting. For example, I was not even born when Wendy's originally starting using the slogan "Where's the beef?" and yet I know about it because it is became so well known.

Most slogans are short and easy to remember but also distinct enough to remember. Sometimes slogans are heard on television, radio, youtube and so on. Other times a slogan can seen visually and read on packaging, billboards, internet ads, ect. Some companies , use both techniques, even in the same ad, as in the case of a voice-over on a commercial saying the slogan while the words can be read on the screen.

Sometimes a lot of money is spent coming up with a slogan. But just because a ton of money is spent coming up with one doesn't mean it will work. The city I live in spent a sizable amount of money for a firm to come up with a slogan--a slogan they did not end up using (an article about that can be found here: http://www.scntx.com/articles/2013/04/07/plano_star-courier/news/7693.txt).

Other times, it just takes a notebook and some patience as one or more people come up with a list of possible slogans. All it takes is for one of them to be just right.

Even though a slogan is usually only a few words, get it right and it can be one of the most effective marketing tools.

Thursday, May 23, 2013

When Should The Price Of An Item Be Lowered By A Cent?

Research shows that lowering the price of something by one cent, as in $9.99 instead of $10.00, can be an effective way to make it look cheaper. According to the research of Robert Schindler, who studies the topic of pricing, whether or not is a good strategy to lower the price of an item or service by a cent, comes down to what is being purchased. For everyday goods and services, lowering the price by a cent appeals to the consumer as being a better deal. However, for things that the consumer values quality above cost, lowering the price by a penny is not a good idea because it makes the good or service look too cheap and not as quality. 

A summary of Schindler's research can be found here at:

http://www.sciencedaily.com/releases/2011/09/110906144036.htm

Tuesday, May 14, 2013

Keeping Marketing Simple



Personally, I like simplicity. Some of my favorite movies have few special effects, quite music and minimal action but a great plot, in contrast with some films with dazzling special effects, loud music and over the top action but a thin plot. The same is often true when it comes to marketing. Whether it be the way a product looks, the usability of the product, the buying process or other aspects, simplicity is often the best approach. It turns out some research backs up this concept, especially when it comes to the ability for the consumer to easily make a decision on what to buy based on information they can understand and trust.

This according to a Corporate Executive Board study published in the Harvard Business Review. Consumers value the ability to quickly gather accurate information about a product and make a purchase with ease. It is not about giving customers large amounts of information, it is the helpfulness of the information given that matters. Simple often is best. You can read more about this study here:

http://hbr.org/2012/05/to-keep-your-customers-keep-it-simple/

Wednesday, May 8, 2013

Products That Advertise Themselves



Around the early 2000's and maybe earlier, I began seeing the occasional person walking around with a white paper cup (or a clear plastic one) with a green logo on it. Some of these people were parents of friends or acquaintances of mine and thinking back, the personality type of these people was often outgoing, successful and entrepreneurial. The product which they were carrying was a cup of Starbucks coffee, clearly marked with the Starbucks logo, which is now ubiquitous. Starbucks products advertise themselves once purchased. They go from the counter of the store with whoever buys them to wherever these people are going, potentially being seen by many people along the way. Even the paper sleeve that comes with hot beverages at Starbucks, which covers the logo on the cup, also has the Starbucks logo on it (in fact, it looks a little larger to me than the logo on a 12 ounce Starbucks cup).

Many clothing brands are great at doing this as well. There is no real reason a piece of clothing needs a prominent logo on it. In fact, in many cases (especially I imagine when it was a new concept), a consumer might not like to have a logo prominently located on their clothing. But if a company can get consumers to buy clothing with a logo on it, that person then becomes a walking advertisement, wherever they go, whenever they wear that piece of clothing. In contrast with a consumer who doesn't want a prominent logo on their clothes, some consumers even prefer to purchase an article of clothing from a store that had the logo clearly visible on it, especially if it is perceived as a trendy or popular brand.

Of course, there are many other products which do this besides coffee cups and clothing as well. I think this method of advertising has several benefits. It can be a very subtle way to advertise, it is virtually free and there are creative ways to make a product advertise itself. Products which advertise themselves may not be new anymore but I think this method of advertising will continue to be used by many companies in the future.    

Tuesday, May 7, 2013

Consumer Identity In Marketing




One of the important concepts in marketing is consumer identity and how it effects decision making. This is because one way people make a statement about their lifestyle and identity is through the decisions about what products they buy.

Take pancake mix for example. Recently, I was at a store and saw pancake mix in a rustic looking box with a grizzly bear on it. It was clearly a rugged outdoors themed box for a seemingly hearty pancake mix (or flapjacks as the box said).  I will admit, I am a fan of a lot of the Discovery Channel style programming about wilderness survival and people who work in the far north and I like to think of myself as someone who could go up north and live like they did in the old gold mining days. Because the ingredients did seem natural and hearty (100% whole grain for one thing) and I was interested in the overall theme, I got them.

Now, this product image appealed to me. But what about someone who likes to think of themselves as something of an amateur French chef? A product with French themes on the packaging, highlighting that it can be used to make crepes would probably catch the eye of this consumer more than one which conjures up images of a mountain man making pancakes at dawn over a campfire.

In the case of the mix I bought, I might not have ever noticed the very same pancake mix had it not appealed to me through its packaging. I would not say the packaging alone made the sale but it caught my attention. I was made aware of the product for the first time and liked the ingredients, so I bought it. That is just one example of why appealing to different consumer identities through effective marketing is important and in this case ended in a sale.