Sunday, October 1, 2017

Should You Worry about GDPR?



The roll-out of the General Data Protection Regulation in Europe next May will be spotty.

Like most government crackdowns, GDPR—mandating that marketers protect consumers' privacy and data—will be rigorously enforced in northern nations, lazily enforced in southern ones.

But if you do a lot of business up north, you should take steps now to comply. Experts recommend you:

  • Appoint a "data czar" to police your marketing activities
  • Get a third-party checkup of your data's health
  • Segregate lists affected by GDPR, so you can treat them differently
  • Confirm your suppliers will be compliant by May
  • Sign up for "ready-made" solutions, if you're still worried
Unlike many current consumer protection laws, GDPR is tough. 

Screw up, and you could face fines in the millions.

GDPR disallows, for example, "soft" opt-ins, so you'll have to dump lists that aren't rigidly permission-based. It also grants the "Right to Be Forgotten," so you'll have to delete old web posts anyone could reasonably claim are inaccurate or defamatory. And it punishes marketers who make it at all troublesome for consumers to opt out of their lists.

Saturday, September 30, 2017

How to Name Your Event


My business partner and I are at work on a new name for an event. The conference has outgrown its birth name (as every conference should). It's time for something different.

My standards for a good event name are few:
  • It should be descriptive ("The Builder's Show") or evocative ("Magic"), or both ("Dreamforce")
  • It should be short ("CES")
  • It should be enunciable ("TED")
Event marketer Tony Patete has more complex standards:
  • It should be straightforward ("The Startup Conference")
  • It should be a keyword ("INBOUND")
  • If an acronym, it should not spell anything unseemly ("TURD")
  • It should avoid braggadocio ("The Best Conference Ever")
  • It can be a portmanteau ("ComicCon")
  • It can both evoke and amuse ("Brand Camp")
  • It should not already be in use ("Apple")
Naming or renaming an event need not be hard. I once renamed a puny conference with the laughable name SCUC (Satellite Communications Users Conference) using only my delete key. Today "Satellite" attracts over 13,000 attendees.

When your event's name doesn't cut it, a tagline can help. While no cheerleader for taglines, B2B marketer Gary Slack agrees:
  • A tagline can help explain what is new, unknown, or poorly named
  • A tagline can help communicate purpose, difference and value
  • A tagline can foster esprit de corps
Slack has his own simple set of standards for a tagline:
  • It should be necessary in the first place; otherwise, it's clutter
  • It should clearly communicate a strong promise
  • It should avoid corporate speak and pedestrian "happy words"
One of the better taglines I ever wrote was for CES: "What the World's Coming To."

Although lots of folks liked the slogan, it lasted only a year.

A newly appointed marketing director killed it, telling me, "Taglines are stupid."

He lasted much less than a year. But the tagline never resurfaced.

Friday, September 29, 2017

How Do You Reach C-Level Buyers?


A C-level buyer, Trisha Winter plays hard to get.

"Speaking as a B2B buyer, I don’t answer my phone anymore," she writes in Business to Community. "I don’t read cold emails—in fact, thanks to overcoming 'inbox zero' tendencies, I don’t even take the time to open/delete them anymore. I used to, but with the insane influx of new technologies geared toward marketing, too many people were trying to reach me pushing their 'life-changing' solutions. It was too much noise, and it wasn’t sustainable if I wanted to get my job done."

Winter wonders if any marketing tactic works with C-level buyers—executives who are so brutally busy, they're "forced to completely ignore the noise."

She rules out the top two contenders.

Content. Content marketing doesn't work, Winter says. Although it could be effective, most content is "fluff" no one ever sees. "Even if you create the perfect piece of content, you are still just crossing your fingers that it reaches me," she says. "For content marketing to work, it has to be combined with influencer marketing to have a hope of getting in front of the intended audience."

Trade shows. Exhibit marketing doesn't work, either, Winter says. "I do attend some trade shows, but I won’t stop by your booth unless I’ve heard of you and have identified that you meet a need or solve a problem I have," she says. "Which means trade shows don’t work for top-of-the-funnel lead generation. And let’s face it, TOFU leads are way better than BOFU leads because you can shape the deal without competitors."

So what works?

Account-Based Marketing. "If a seller is researching me, engaging with me in social media, learning about my business and personalizing their approach, there is a much greater chance they’ll get my attention," Winter says. "But remember, I don’t read emails nor answer my phone, so direct mail and social media are the only options here."

Referral Marketing. "As a buyer, there is no question that this is the most effective way to get my attention," Winter says. "If I’m approached by a former colleague or a trusted adviser (like a salesperson from a vendor I have a good relationship with), I pay attention. If they tell me there is a solution out there that could solve my problems, I’m clearing my calendar to take a meeting."

Winter recommends combing both tactics.

But what if you could combine all four?

That's the philosophy behind PLAYBOOK, a lead-gen system my business partner and I have created.

PLAYBOOKusing a combination of direct mail, email, telemarketing, and an appallows marketers to target trade show attendees with offers compelling enough to attract them to an exhibit. It also helps them motivate salespeople to chase and close deals immediately after the event—the Achilles Heel of exhibit marketing.

We're ready to assist any marketer eager to reach those hard-to-get buyers like Trisha Winter.

Just give us a call.

Thursday, September 28, 2017

The 3-Minute Guide to List Segmentation


I used to sell health insurance to letter carriers by direct mail (ironic, no?).

I targeted 27 segments within a list of 300,000 prospects, mailing each segment different creative. 
The individualized sales arguments made in the copy paid off, and more than offset the extra production costs.

So there's nothing new about list segmentation. 

It's high time to stop thinking of your mailings as "broadcasts" and segment your list.

But how?

Here are six tips (they apply equally to postal and e-mail lists):

Scrub your list. Seven in 10 names on a B2B list become outdated within a year, so don't dirty your hands with something unwashed. Send your list outside for a good cleaning.

Slice up the list. Comb through your newly cleaned list and identify commonalities. Slice up the list accordingly. I divided the letter carriers according to the health insurance policies they owned in the past.

Introduce triggers. Identify key events and add fields for them to every record. For example, how many mailings have they received? Have they bought anything? Have they changed jobs or companies?

Create niche content. Tailor sales arguments for each segment. Someone who's bought from you may jump at the chance to save with a "loyal customer discount," while someone who's never bought from you, but has recently been promoted, may be ready to save with a "first-time customer discount."

Keep it simple. Create a manageable number of segments and work with them for a while. Don't invent new segments or second guess yourself every month. Remember, if it isn't simple, it isn't scalable.

Grow your list. Rent highly-targeted prospect names from third parties, to protect your list from "list rot." B2B lists are volatile and decay at a rapid rate.

Wednesday, September 27, 2017

La Comédie Américaine


Sorry, I can't take a knee.

In fact, I can't take anything, anymore.

Our president is a failed reality TV star; our first lady, a Slovenian call girl.


Our cabinet secretaries oppose the missions of the departments they run.

The secretary running the largest one (Health & Human Services) flies at our expense on luxury planes every week to stay at his vacation homes.

The Secretary of Education encourages serial rapists.

Nincompoops (a shock jock, a wedding planner, a fashion model, a golf caddie, a shoe importer) run key federal organizations.

Our lawmakers believe nonsense (the earth is 6,000 years old, global warming is a hoax, contraception causes cancer, all Muslims are terrorists).

They also hope to deny you government-backed healthcare insurance, while they enjoy the same.

You're expected to honor both the flag and the rights of Nazis.

Washington, Jefferson, Lincoln, and the Roosevelt cousins may be rolling in their graves. But not me. I'm laughing at the comedy.

The calendar's no longer a calendar. It's the almanac of American decline.
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