Tuesday, December 30, 2008

Branding (and Marketing) Strategies for 2009


For most marketers and branders, 2008 was the year that sucked. No matter how creative you tried to be, no matter how innovative you thought your campaigns were, your sales plummeted.

Blame it on malaise, blame it on the fastest falling economy in a century. That was before your grandfather was born. Get over it. 2009 isn't gong to be any easier, and you'll need to be sharper and more focused, and more flexible than you would have ever thought possible.

And in all due respect to those that say "Oh Gee, You Must have an MBA to run our marketing and advertising!!"... I say, Good luck. What's going on in today's economy isn't something that professors at graduate school have any experience in....whether marketing, branding, advertising, finance, or human talent management.

OK..here's my thought on branding, advertising (and marketing) strategies for '09:

Disregard what I might have said earlier about negative advertising, and otherwise dissing or exploiting your competition. We're heading into a take-the-gloves off battle for the purse strings.. There's only one survivor. And, as mentioned in the week before last in the WSJ, the following strategies are fair game:

Brand Extensions;
i. Compatible Products. Come up with something that complements and existing branded product. Think iPod.

ii. Ornamental Use of Trademarks. Go on to Google to find out what you can do without infringing, but otherwise exploiting a recognized logo.

iii. Comparative Advertising. My favorite (when you can actually come up with strong arguments i.e. why your product is better (because its less expensive, it works better, it tastes better, it lasts longer, or smarter people prefer it...pick one, or pick 'em all)

Hint-be careful. I did a comparative ad pitting Soapopular's alcohol-free hand sanitizer against the incumbent, sticky, smelly and irritating Purell brand. The ad headline said "Purell=Alcohol Poisoning".. and the follow up text simply said : Soapopular. So Popular because its Alcohol-Free."

[My justification was a 2007 report issued by the US Association of Poison Control Centers that found close to 12,000 cases of alcohol poisoning in kids 6 and under directly attributed to alcohol based hand sanitizers. Pretty straight forward.

Johnson & Johnson had their lawyer send my client a harsh 'cease and desist" letter. Instead of defending the ad, and telling J&J to take a walk, my client thought it better not to pinch a sleeping elephant, although we all knew that the publicity alone of a legal battle would have been worth millions in free advertising. ]

While there is no 'fact' i.e. who is right and who is wrong on this particular topic, and 'fair-use doctrines can be argued until hell freezes over, but the fact is, that wimps aren't going to be winning in '09.

Parody Advertising: Using another brand to promote a non-competing product. Case in point: Coors beer commercial spoofing the Energizer Bunny. Coors didn't pay a dime to use the Bunny. As long as you don't tarnish or denegrate the brand that you are parodying, and stay creative, you can get lots of frequent flier mileage .

Outlandish: The photo image above right was inserted into an online ad strategy this year and in less than 6 hours, it scored 10,000 unique hits--that means 10,000 people clicked it on and went to the company's website. I 'm not at liberty to disclose how much was generated in sales for the product.

Today's WSJ included a story about a Russian Ph.d who, in 1976, predicted the fall of communism, and he's apparently now getting more than a little traction predicting the end of capitalism in the US. (click on the aforementioned link).. Actually, he's predicting the end of the US as we know it. (I could have told you that we'd have a few rough years ahead, but this guy has something much more profound in mind..)

This very learned fellow is suggesting that before the end of 2010, the US will have endured a civil war, resulting in three separate unions within our border. If that ends up proving true, than following my push-the-envelope marketing, branding and advertising advice in 2009 will have proven to be that much smarter of an idea. And, if this Russian Dr. Strangelove is wrong about his dire predictions, you'll have merely set yourself apart and established the foundation for flexible thinking.

Forget about the 'thinking out of the box". Tell yourself there is no box.

More to follow as the new year rolls in.

1 comment:

Anonymous said...

great observations!!!!!!