Marketing is broken? Well… yes and no, and as the author’s of “What Sticks” Rex Briggs and Greg Stuart explain, marketing itself may be undergoing a fundamental makeover. Traditional marketing and traditional marketing mistakes are now being exposed and addressed as more efficient means of measurement and analysis are being applied to the craft.
“What Sticks” gives direction to advertisers and marketers who know there is a better way but have little clue as to how to begin the undertaking. Of the $300 billion spent on advertising in the U.S., over $112 is wasted. Just with some simple strategic steps and a fresh perspective, advertising and marketing budgets can be utilized to their full potential and play a game changing role in boosting sales.
The crux of “What Sticks” is that there is no hard and fast rule which applies to all marketing strategies. The traditional campaigns were often created with no room for flexibility, no insight into the target audience, and dumped millions of dollars of funding into an undirected effort. In “What Sticks” simply defining your campaign goals, developing a plan that achieves those goals, and allocating funds aligned with your action plan can rapidly increase the efficiency of the marketing strategy.
Systematic planning is the means to a successful end for your advertising/marketing team. “What Sticks” outlines to simple approaches: COP and the 4 M’s of advertising. The COP (Communication Optimization Process) methodology is a framework for laying the foundation for your campaign and creating the benchmarks for you resulting actions.
COP emphasizes the communication of what the campaign will do, in measurable terms that institute accountability into the process. COP prescribes a series of three meetings with your campaign team to make sure the campaign has a strong base. Creating a strong foundation for your action plans through the COP will guarantee your campaign has meaning and accountability.
Next Post: Letting the COP work for you!
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