I saw a quote from a senior marketing consultant on a LinkedIn group. He said that if you are fortunate enough to become a CMO, even if your career is on fire at age 35, it's not a question of if, but rather when you will be unemployed. His point was to make as many professional connections as you can, as it will serve you well in the future. While I never thought of it in quite those terms, I always treated every vendor, consultant, employee and employer with the utmost respect and courtesy. Indeed, it has served me well, although that's just my personality, I genuinely like people. And I came from nothing, so I always knew I would never get a "big head" - as we used to say as kids.
A lot of people looked down on me when I was growing up because I was a kid from the projects and I swore to myself I would never, ever do that to anyone. I worked my tail off to get out, played sports, got a full scholarship to Boston University and graduated with honors. I worked my way up, became a VP at age 26 and never really looked back. Until now. I've been re-connecting with lots of former colleagues. Many are not doing well at all. I've known for more than 10 years that the economy was radically changing. I find it sad that so many incredibly talented people are just barely hanging on. I find it odd and very sad that so many people who pushed themselves through school, grad school and into high flying careers are losing their homes and life savings.What's happening to them now is not anything they could have imagined even 15 years ago.
I also note (with a just a small hint of irony) that my friends who never went to school but worked hard and went to work for the Post Office or got a job with the state park service and worked their way up, are retiring with $100K pensions and free medical care for the rest of their lives. I'm happy for them. I realize that working for the public sector pays less, but you receive great benefits in exchange for a lower salary over the course of your life. I don't begrudge anyone who is willing to make that trade off. It seems fair.
I just wonder how America survives with tens of millions of incredibly talented senior managers, senior technologists, creative professionals and so forth, working at minimum wage? My Sunday night thoughts.
TheEdenfieldGroupBlog
Sunday, March 18, 2012
Interesting comment on LinkedIn
Friday, March 16, 2012
The Psychology of Content Marketing, final
Labels:
B2B Marketing,
content marketing,
Edenfield Group
Sunday, March 4, 2012
Content marketing is not new, part II
Let’s tease apart each element of our dinner conversation and
place them in the context of a B2B content marketing program.
Your “friend” is your universe of sales prospects. They are
your followers on Twitter™ and FaceBook™ fans, people searching on Google™,
your in-house prospect list that your sales team is working, the members of
your LinkedIn™ groups and your website visitors.
Now, back to our dinner conversation.
You started the conversation by asking a lot of questions.
However, in a content marketing program, the reality is that you already know
the vast majority of business issues and problems that your prospects are
facing.
If your sales team is doing their job correctly, you also
know many of the personal concerns that your prospects have. That’s because your
sales team is trained to ask questions like “Anne, what are your concerns about
moving to a new solution?” and then follow up by saying “What else?” and
“Anything else?”
When I talk about personal concerns, I’m referring to the
fears that every business decision maker has regarding any change to workflow,
business process or technology. Make no
mistake, every executive lives in fear of making a decision that results in a
corporate disaster. The bigger the deal, the higher the fear level. Executives
may be reluctant to talk about their personal fears but if they are not
properly addressed, the deal will never close. Good content marketing
acknowledges and assuages that fear in a subtle but effective manner.
This is accomplished by demonstrating genuine empathy for
your prospect. Empathy is the emotional counterpart to intellectual
understanding. Both the intellectual and emotional aspects of your prospect’s
concerns must be addressed in effective content marketing.
Lastly, you offered advice that your friend did not even know
to ask about. It was a “Eureka” moment for your friend and it elicited an
emotional reaction in the form of gratitude. From a content marketing
perspective, this last piece is often the most difficult to achieve. The point
is not that your prospect is actually going to become truly emotional.
Rather, you are trying to share information that demonstrates
your willingness as a company to be very open with your sales prospects and
obtain permission to begin a conversation. Today’s buyers are more informed
than ever before in history, so a whitepaper touting features and benefits is
not going to be effective. As a company, you are demonstrating a willingness to
share truly valuable business information in a non promotional fashion.
Excerpted from the Industry Briefing on the "Psychology of Content Marketing."
From The Edenfield Group, Author: Ken Carson, Principal Technology Analyst
Content marketing is not new, Part I
Content marketing is not new. Before it was called content marketing, many
people referred to it as “education-based marketing.” The only thing that is
new is the number of channels available for promoting and engaging people with educational,
engaging and informative content. I’m referring of course to social media.
Since education-based marketing, sorry, content marketing is
a time tested marketing strategy, I thought it might be interesting to analyze
why it is so effective.
Imagine that you are
the CEO of a company that sells a technically sophisticated B2B solution.
You’re speaking to a good friend and he tells you he is very interested in
purchasing a solution for his company that is virtually identical to the
solution you sell. You offer to buy dinner and answer all his questions about
this very sophisticated solution.
Since you are an astute business person, you begin the
conversation by asking a lot of questions about the business problems your
friend is attempting to solve by implementing this solution.
You ask what concerns he has about the current business
issues he is dealing with, his concerns about a new solution.
Once you have a complete and comprehensive understanding of
your friend’s business issues, current problems, workflow issues and all of his
personal and professional concerns (note well I said personal concerns) you are now prepared to offer some very informed
and insightful advice. You now offer that advice on a point by point basis. You
re-state every concern he has articulated and tailor your advice to thoroughly
address each concern.
Once you have addressed all of his concerns, you now
address issues, concerns and technical problems that your friend has not even
thought to ask because he was not aware of them. However, you know everything
about your solution and have seen every issue that can possibly arise.
Your friend is immensely grateful for this crucial advice
that he never even knew to ask about. He
is now acutely aware that without this knowledge it could well have spelled
disaster for his project and perhaps even his career. Your friend is so
grateful he gets a bit choked up in his effusive expressions of gratitude.
What just happened here? You just executed a
perfect content marketing program. Excerpted from the original Industry Briefing by The Edenfield Group
www.edenfieldgroup.com/services
Saturday, March 3, 2012
More social media tips - eh gahd!
This is not original, I got this from a post somewhere..but links are from the source
Technology and social networking have clearly changed the way we communicate. If you use social media and online networking to increase your sales and grow your business, there’s good news. You don’t have to reinvent the wheel. Success leaves clues.
1. Share good content without selling. Become a trusted resource for people who need your expertise. Check out Tamar Weinberg. She’s a top-notch example of an insightful writer and resource. Hint: When posting a link, don’t lead people to a landing page for your book, webinar, e-zine or CD series. If you want to “hawk stuff,” go to your local flea market.
2. Write to express, not to impress. Whether it’s a bylined article, blog or newsletter, just be yourself. Friends, followers and connections will appreciate your authenticity, style and candor. Read a few posts from Seth Godin. Big words and industry jargon can quickly confuse readers and/or viewers. Hint: People will not check a thesaurus or dictionary; they will simply hit delete and move on. Keep their attention.
3. Understand that “The Art of Twitter Lies in the Retweet.” Peter Shankman, founder of Help A Reporter Out (HARO) is right on target with these words. Hint: Be sure your Tweets and links are compelling enough that others are eager to share your message.
4. Position yourself to succeed. That’s the message of Gary Vaynerchuk, author of “The Thank You Economy” Hint: Gary always touts his willingness early on to respond to blog comments and e-mails personally. This shows you are respectful, caring, accessible, engaging and real. First impressions count.
5. Weave in your personality. Sure it’s business, but you don’t want to be a social media sleeping pill. Avoid dry and boring messages, posts and links. Hint: Successful leaders are charismatic communicators—in person and online. Chris Guillebeau’s blog, The Art of Non-Comformity, captures the essence of his personality.
6. Post when you have something to say. Others will appreciate your “editorial judgment” and your consideration of their time. Hint: You wouldn’t call someone on the phone if you didn’t have something to share or discuss. It’s the same with social networking. Mack Collier is living this concept.
7. Pass along solid information. Business leaders can set aside their egos and share resources, apps, articles, blogs and links with others without compromising their own credibility. No one expects you to know everything. Jason Better is a terrific example. Hint: Be generous in the spirit of helping others to grow their business and succeed.
Labels:
edenfield marketing,
social media,
social media tips
Friday, February 17, 2012
Posted: 17 Feb 2012 07:54 AM PST
David Ogilvy is one of the most quoted advertising professionals and a legend in the space. So it was neat to see Lists of Note pull up an internal memo sent to all employees of his advertising agency in 1982.
As we’re clearly fans of writing tips we thought we’d share David’s memo with you for some Friday inspiration:
The better you write, the higher you go in Ogilvy & Mather. People who think well, write well.
Woolly minded people write woolly memos, woolly letters and woolly speeches.
Good writing is not a natural gift. You have to learn to write well. Here are 10 hints:
1. Read the Roman-Raphaelson book on writing*. Read it three times.
2. Write the way you talk. Naturally.
Read the rest here, great classic article
http://thefuturebuzz.com/2012/02/17/writing-tips-from-david-ogilvy/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+TheFutureBuzz+%28The+Future+Buzz%29
Thursday, February 16, 2012
I founded The Edenfield Group in 2004 and we have always
been about what I used to call education-based marketing. Back then, the
concept was straightforward. If you provided your prospects with valuable
information, with no marketing hype, they would, in short order, come to view your company as a trusted
advisor and when they were ready to purchase, and assuming you kept an on-going
sales dialogue, your company would be the first one they called.
Fast forward
to 2011 and the tools we now have at our disposal are far more powerful and
less expensive. The market has also changed dramatically. Executive level
decision makers are insanely busy.
Budgets are highly scrutinized and so marketing communication with
prospects has to be laser targeted and incredibly relevant to them.
Add to that the fact that salespeople are no longer
gatekeepers of information, Google is. So organic search, not PPC, is really
much more important than ever. There have been studies that show that business
people, like everyone else, have learned to tune out advertising and they place
more value and credibility on organic search results. So we created a package of
services to address all of these issues simultaneously. Highly relevant
information, low cost execution, pin point delivery through email and high
visibility organic search. Education-based marketing is now thought leadership.
Our on-going sales dialogue is now drip or nurture marketing primarily via
email. Through organic search, Google validates
our trusted advisor, or thought leadership
status.
I've been perfecting this particular technique for 4 years
now and I've written over 200 articles and technical briefings since I started
the company. I've been published in
Business Week, dozens of major newspapers as well as a ton of industry specific
trades, like Medical Device and Diagnostic Industry magazine.
In terms of my professional background, I'm not an agency or
PR guy. I've been the VP of Sales and VP of marketing for software and
technology consulting firms for more than 20 years. I've been the VP of
Marketing for a 1.2 Billion dollar, global consulting firm and I've also taken
two software start-ups to significant liquidity events. So I'm a technical
marketing guy at heart. I love writing about interesting technology.
And since each of my clients have different marketing
objectives ranging from seeding a market and creating a buzz for a new product
to maximizing awareness of a major marketing initiative, I can write in many
different styles. Some examples include what I call a market trends style,
which highlights how my client's product or service either fits or drives those
trends. The interview style is particularly effective because many people find
them much easier to read.
They can scan the questions and read only the
information that's of interest to them, rather than a narrative where they have
to read through the whole piece to find those nuggets of information they
really want to know about. The writing style has to match the marketing
objective.
