The marketing of performance
Much of the technology I consult about boils down to performance. There are many sub-categories — parallelization, scalability, low latency, interactive response, price/performance, and more. But basically it’s about computers operating faster, within realistic resource constraints.
There are three kinds of benefits performance can offer:
- It can allow you to do things more simply and/or cost-effectively (e.g., with less hardware or less tuning).
- It can allow you to do things better.Examples include:
- Faster-loading web pages for your customers.
- Faster-responding queries for your business analysts.
- Better prices on your algorithmic trading.
- Better analytic results, perhaps from:
- Using more data.
- Running more queries.
- It can allow you to do something that would be impractical otherwise (usually because of expense).
These benefits are easily confused. When a prospect says “I can’t do X with existing technology”, what she really means is often “I can’t afford to do X well enough to matter.” When a vendor says “We make it cheap and easy to do Y”, what prospects hear is commonly “Great! Now we’ll be able to do Y within our resources and budget.”
Given the breadth of the subject, it’s hard to generalize comprehensively about the marketing of performance claims. But my observations include: Read more
| Categories: Layered messaging models, Technology marketing | 20 Comments |
Strategy for IT vendors: a worksheet
Much of what I do for a living* boils down to critiquing IT vendors’ strategy — for sub-10-person startups, for the largest companies in the IT industry, and for companies at all stages in-between. In the hope of making strategy analysis simpler, I’ve compiled a list of questions that every enterprise IT vendor has to answer, if it is to understand its own business. They’re posted below. If you can’t answer these questions, you don’t really have a strategy.
*E.g., consulting via the Monash Advantage and predecessor services. Every question on the list below has arisen recently in the course of my work, most of them many times over.
If you run an IT vendor, help run one, or aspire to do so, then I encourage you to give these questions a whirl. If you don’t think the answers are all knowable — either now or for the foreseeable future — it’s still advisable to make working guesses. Flexibility is a virtue — but even so, having a tentative strategy is far better than having no strategy at all. Strategy is to execution as design is to coding. The best time to fix software bugs is before you start coding; the best time to fix a bad strategy is before you’ve committed yourself to executing it. Yes, both the design and the strategy will need to be changed over time; but a smart, internally-consistent strategy is a lot better than a contradictory one, than an obviously hopeless one, or than no strategy at all.
This is a really long post, so I’ll summarize it up here. Explanations of each point follow below. Read more
| Categories: Layered messaging models, Startups, Technology marketing | 56 Comments |
Extending the layered messaging model
Some time ago, I introduced the layered messaging model for enterprise IT marketing, to address the challenge:
Two things matter about marketing messages:
- Do people believe you?
- Do they care?
It’s easy to meet one or the other of those criteria. What’s tricky is satisfying both at once.
My essential recommendation was:
… the two fundamental templates of layered technology marketing:
Enterprise IT product (proof-today messaging stack)
- Tangible benefits
- Technical connection
- Features (and perhaps metrics)*
- Persuasive details
- Customer traction or proof-of-concept tests
and
Enterprise IT product (sustainable-lead messaging stack)
- Tangible benefits
- Technical connection
- Features (and perhaps metrics)*
- Technical connection
- Fundamental product architecture
The lower parts of the stack demonstrate differentiation, most directly addressing the “Why should I believe you?” question. The upper parts demonstrate value, answering “Why should I care?” But ultimately, credibility rests on the whole flow of the story, and is no stronger than the weakest of the five layers.
*In the original form I just said “features and metrics”. But truth be told, metrics — speeds/feeds/scale/whatever — are only as important as features in a minority of market segments.
Since then, consulting engagements have shown me there’s actually a third template; happily, it’s synergistic with either or both of the other two. That one goes: Read more
| Categories: Layered messaging models | 7 Comments |
The fatal fallacy of modern technology marketing
In what is basically a great set of advice, David Skok evidently dropped the line
If a marketing activity does not create a lead for you, then it doesn’t belong in your marketing machine.
Or to rephrase that: Storytelling doesn’t matter.
Well, if you believe and execute on that, your company will die (at least if it’s in some area such as enterprise technology). I really mean that. Read more
| Categories: Marketing theory, Technology marketing | 5 Comments |
Obfuscate clearly!
Quite frequently — sometimes even in so many words — I find myself compelled to give clients some classic advice from Strunk and White:
Obfuscate clearly!
Actually, I have not succeeded in finding the edition in which I recall seeing that phrasing. Probably it was the second, which I presume Paul Kedrosky also had. But in a a subsequent edition somebody (presumably White, as Strunk was long deceased) wrote similarly in their name:
Be clear.
Clarity is not the prize in writing, nor is it always the principal mark of a good style. … since writing is communication, clarity can only be a virtue. And although there is no substitute for merit in writing, clarity comes closest to being one. Even to a writer who is being intentionally obscure or wild of tongue we can say, “Be obscure clearly! Be wild of tongue in a way we can understand!” Even to writers of market letters, telling us (but not telling us) which securities are promising, we can say, “Be cagey plainly! Be elliptical in a straightforward fashion!”Clarity, clarity, clarity.
What makes me think of this dictum most often is not marketing collateral per se, but rather product naming and description. Worst of all can be the names of particular portions of a marketecture diagram. Now, I am on record as believing that all product category names are flawed. But while some vagueness or ambiguity may be unavoidable, there is no reason for names to be meaningless or downright misleading.
| Categories: Marketing theory | 23 Comments |
Five kinds of public relations
I comment about public relations from two different standpoints:
- As a consultant to the technology industry
- As a target of public relations myself
Sometimes these discussions are very fruitful. But other times they are “Head, meet brick wall.” Perhaps this post will help.
This post actually started as a set of specific tips, the biggest of which is uncouple your PR from your press releases. I’ll put the others below — but first, I’d like to cover a little theory.
There are (at least) five different things you can try to do via public relations:
- “Sell” to the press (and bloggers and so on), by which I mean that you try to induce stories, and you probably measure success by a count of stories written (presumably weighted by the quality of the publication, the favorableness of the mention, and so on), and your activities are focused on contacting the press in pursuit of that goal.
- “Market” to the press, by which I mean that you try to create a favorable disposition toward having them say what you’d want them to. This can be measured in the same ways as “selling” success, but usually on a more long-term basis.
- Market through influencers to your end customers and prospects. Here I’m saying “influencers” rather than “press”, because social media, pure word of mouth, and so on can also contribute to success.
- Market through influencers to other influencers. It is now a regular consulting exercise for me to walk clients through the whole chain of which influencers listen to which other influencers. (If you want to work that kind of thing out for yourself, social media observation is a good way to start.)
- Market to potential buyers directly. This has become increasingly realistic as the internet has matured.
| Categories: Analyst relations, Marketing communications, Marketing theory, Public relations, Technology marketing | 8 Comments |
Sarah Dopp re social media expertise
As I’ve previously noted, the concept of “social media expert” is problematic at best. Still, people are constantly trying to figure it out, because … well, because they want to get paid for their “social media expertise.” Sarah Dopp offers an interesting take on social media expertise, which I shall herewith quote at length. My comments are in italics.
1) Since having a social media presence is about reputation and relationships, it needs to be personal to the individual. … The approach needs to be custom-tailored to fit the client’s personality and worldview, and the client needs to have a lot of say in the development of this fit. … Agreed.
2) Having an effective social media presence is different from traditional marketing, and it’s also different from the ways we’ve been using the internet in the past. True but overstated. There are three golden rules of social media marketing:
- Make your messages robust.
- Train and trust many of your employees to deliver the message, implicitly and explicitly.
- Trust your employees to show their own personalities without hopelessly undermining the “personality” of your enterprise.
The first two have actually been good management practice for decades, and the third one frequently worked as well.
3) Developing a social media presence has to be done gradually. A client has to pay attention to what’s working and what’s not, listen to feedback from the community, and constantly refine their approach with little changes. Agreed.
4) The social media consulting model is in contrast to the web development consulting model, where you just build something and walk away until it needs to be updated. It’s also in contrast to the idea that social media consultants exist to give expert advice — if clients think of them that way, they’ll only go to them with the big questions, and try to answer the little questions on their own. But social media success is in the details, and it’s the little questions that will make or break an online presence. Agreed. I have clients who ask me to review a large fraction of their individual blog posts. I think that’s a great use of my time … but then, I think the same thing about press releases.
| Categories: Marketing communications, Marketing theory | 23 Comments |
The horns of the “social media expert” dilemma
Skelliewag correctly observes that the concept of “social media expert” is silly in the first place.
Most people are looking for an expert to solve a very specific problem. Some examples from within social media:
- They want to learn how to create content that compels Digg users to vote, which will in turn bring them more pageviews and ad revenue.
- They want to use Twitter to build a bigger profile in their field.
- They want to create a blog that turns readers into customers.
Who are they going to hire, all things being equal?
- The expert in creating and marketing Diggable content for pageviews, or the ’social media expert’?
- The expert in creating super-accounts on Twitter, or the ’social media expert’?
- The expert in business blogging for conversions, or the ’social media expert’?
On the other hand, people with such narrow expertise are (in most cases properly) pigeon-holed as low-level tacticians. As I recently noted, social media should not be done in some kind of silo, let alone in a whole collection of silos.
Only the largest or most aggressive consumer marketing organizations will be able to afford and make proper use of the range of expertise Skelliewag suggests.
| Categories: Marketing communications, Marketing theory | 1 Comment |
Paul Gillin on influencer marketing
Paul Gillin offers a pair of posts that in my opinion are spot-on about influencer marketing. Highlights include: Read more
| Categories: Analyst relations, Marketing communications, Marketing theory, Technology marketing | 2 Comments |
Social media done in a silo is social media done wrong
There are tons of self-appointed “social media experts” out in cyberspace. There’s also a growing backlash against same, usually focusing around ideas such as:
- Many of these so-called “experts” greatly overstate their expertise.
- A lot of what passes for social media “success” just amounts to these “experts” getting attention from each other.
I wouldn’t go out of my way to argue with all that. 🙂 But I think there’s also a more fundamental reason why specialized social media “experts” should not be taken very seriously:
Social media done in a silo is social media done wrong. Read more