You've done the noble work. As a consumer business in a competitive market, you have aligned your management team on vision and are versed enough in your competitive set. You've made sure you
know your strengths and weaknesses, and that everyone on your management team does too.
You just hired a killer creative team, led by adults and staffed by rich media wizards. You've got a
marketing strategy and objectives that not only make sense, but are on the tips of the tongues of everyone in the organization, up and down the food chain and across departments.
You know
your consumer reasonably well. You know not just how old they are, where they live and how much they make, but quite a bit about lifestyle points. And, finally, you've gotten your organization to
embrace an approach heavily fed by data, insights and analysis.
One of the weird truths in today's marketing environment is that, no matter how sound you are on the supposedly tougher
stuff of strategy and operating intelligence, you could still be off track in some very important areas. In fact, I'll go out on a limb and say there are at least four areas that may drive you
completely nuts if you don't commit to getting them right. The infrastructure, mechanics and data utilization imperative of a cross-channel, digitally oriented world are very demanding.
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Today, we see several areas of continued strife, if not mania, inside even the strongest marketing organizations:
Consumer segmentation. We all inherently know it's not
enough to rely on consumer demographics alone. Even layering in lifestyle points and anecdotal attitudinal information does not lead you to the holy grail of consumer intelligence, i.e., understanding
who your best, most productive and profitable customers are. And then understanding how to create segmentation that allows you to strategically attract, retain and earn their loyalty and ongoing
business.
Getting to this point requires exercising a certain discipline with the data -- and exploring the ability of your team, agency or a third party to create usable segmentation and
predictive models. The data will not speak for itself, and making it sing is a big, heady job.
Testing. Many a marketer has thrown around the term multi-variate testing
without being entirely sure what it is or whether it's within their reach. This is one of those areas that doesn't have to be complicated. It just means slowing down enough to confirm the
testing construct and agree on what shall be tested. I think it gets complicated out of fear or lack of sureness on the best way forward.
It's one thing to have a matrix and another to
have a robust testing system that allows you to auto-optimize based on results. Knowing where to start and how to scale means keeping everyone on board true to your intentions. If you haven't done
the "slowing down" thing and taken the time to truly organize the situation at the outset and sync up on those intentions, your life as you know it will get muddied by a chaotic data
picture.
Landing pages. This remains one of the most delicate, slow-to-adapt, aspects of digital marketing work. This is often due to all the interests involved on a website:
sales, marketing, editorial, community, ad operations, merchandising, IT, and so on. The savvy marketer knows that the best landing pages deliver on brand, promise, relevancy and a swift path to
conversation.
Data and site analytics often reveal the need for tuning or overhaul to service any of those requirements. And such change is not always easy to negotiate in a pool of
cross-department interests that may not be as aligned as they should be when it comes to the site.
Further, if you want to engage in testing and optimization, there's no time for
consensus-building on the fly. That has to happen up front, getting parties to agree that landing pages will be tested, tuned, overhauled, swapped and generally optimized to service shared business
and marketing objectives. Yes, the thought of making that happen in your organization makes your eyelashes wilt.
Cross-media and custom metrics. In today's converged
media world, establishing metrics is not as simple as rattling them off based on your marketing objectives. If you are crossing traditional and digital lines, you are dealing with measures that are
not necessarily portable.
And, anymore, a real picture of your performance across key measures, customer segments and in service of different departments requires cross-referencing data and
establishing custom metrics. Not every brain can deal with custom metrics. Hire or engage your talent well.
So much of this is the product of indecision within companies. Most of us
have heard the expression, "His looks are out there writing checks his personality cannot cash." Same deal here. Beyond the business and marketing savvy front end, there remains a lot of
hairy, lingering stuff that can derail the most noble and sound intentions.
Remarkably, even in a reasonably mature media environment, much of this is still stressing the system and making
good men and women crazy. There are solutions for all. Crazy thought: slow down for a minute and make some choices.