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I
suspect Theodore Levitt was a do-it-yourselfer around the home.
He was the esteemed
marketing professor who coined the maxim, "People don't want to buy a
quarter-inch drill. They want a quarter-inch hole!"
Probably said it when his neighbor told him to return the drill he
borrowed and go buy his own.
Anyway, it's a notion I've been thinking about lately. Not because his
pithy saying so neatly reflects buyer expectations, but
because I spent quite a bit of last year fixing stuff.
Which means I drilled a lot of holes.
In the seven years we've lived in this house, I've probably accumulated
enough drills, sanders, electric screwdrivers, saws, clamps, paint,
plumbing fixtures and miscellaneous hardware items to... well, build a
new house.
Looking around my basement the other day it struck me that for each new
project I tackled, I couldn't resist buying another tool - or two. So,
I wondered, "Could my existing tools have done the job just as well?"
Now, Theodore's proposition doesn't just apply to consumers or business
buyers. It applies equally well to marketing communicators. After all,
we use plenty of tools in our jobs. And lately it seems you can't bat
an eyelash without a new one popping up. Over the past year alone,
services like Klout, Google+ and Facebook for Business gathered steam.
But as we gaze
longingly (or perplexingly) at each new tool, it's easy to lose sight
of the real objective - the quarter-inch hole.
So as 2012 unfolds,
let's see how the old tools might make some new holes that more closely
reflect changing buyer behavior and attitudes.
Here goes...
Website:
Think of your site as a general contractor that coordinates all buyer
communication. That's because you can now expect every decision maker
(no longer just the early influencers) to visit at some point in the
buying cycle.
- Categorize
material by buyer role
and problem to be solved
as well as by industry.
- Write text that
is introductory and less paragraphy. Let other tools take over from
there.
- Start curating
and incorporate links to valuable external resources.
Blog:
B2B buyers are expanding the personal and professional networks they
use to help make purchasing decisions. Blogs humanize your company and
make it easier to establish an authoritative reputation.
- Start with a
measurable goal. Spotlight your top subject matter experts, establish
industry thought leadership, or become the
source of day-to-day customer advice in the business.
- Vary the
articles to include commentary on industry happenings, new ideas,
personal stories and responses to what others write.
- Comment on
other blogs related to your industry.
Whitepapers and
case studies: Buyers consider
these among the most influential of the content formats. What's new is
that they are likely to be read by multiple decision makers at all
stages of the buying cycle.
- Keep each paper
to a single takeaway message.
- Instead of
generic "customer success stories" use case studies as proof points.
Write to a specific audience, pain point or barrier to adoption. Try
hard to provide measureable customer data.
- Consider the
full range of uses for whitepapers, including research, business or
usage trends, analysis, technical overview and thought leadership.
Video:
The shifting tide to mobile devices makes video more portable and more
appealing to buyers. But like a chisel used for detailed carving, video
can be inspirational when done well or destructive in lesser hands.
- Hire a
professional to produce the work or provide advice. Don't lose sight of
"the hole" in favor of being too creative.
- Use video to
interview industry analysts or customers, introduce new concepts,
promotions, how-to's and animations.
Finally, while email and direct mail still work wonders, their
effectiveness keeps changing. In general though, email works best for
lead nurturing, customer retention and follow-up. Direct mail works for
individual campaigns or specialized publications like a newsletter or
annual research report.
Bottom line:
Before rushing off to buy that 18-speed, triple-reversible drill and
electric toothbrush combination, find ways to use your existing tools
to build a solid communication foundation.
But as in all things marcom, the key to drilling a nice quarter-inch
hole is: plan, execute, measure and adjust.
In the meantime, I'm heading to Sears. They have a jigsaw that's
calling my name.
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