Be the Wave—Or ‘The New Marketers’ Manifesto’
Don't ride the wave; be the wave. A friend of mine named Devin, who works as a management consultant, recently taught me this phrase. I simply love it. I interpret it to mean: Make your destiny; don't succumb to it.
For marketers, I think this phrase has incredible relevance in today's rapidly changing landscape. It's no secret that the ground is quite literally shifting beneath our feet as a radical transformation takes place in the way people interact with companies, and marketers are being forced to pivot in a brave new world that is largely unknown.
What's happened is the Buyer's Journey has been turned on its head. For those of you unfamiliar with this term, I described it in a recent post. Buyer's Journey refers to the process prospects go through as they make their decisions on which companies to do business with or buy products from. It's is a complex evolution that spans the entire progression, beginning with identification of the underlying need, and ending with product selection.
Not long ago, Buyers were relatively uninformed, and the Buyer's Journey was controlled lock-stock-and-barrel by the marketer. To be successful, marketers essentially needed to try out different approaches, through trial and error, and see what worked. Kind of like throwing stuff at the proverbial wall to see what stuck. Once you found a successful formula, all you needed to do was repeat it again and again.
Companies simply told their customers what they should buy and what they needed to know to buy it. Not surprisingly, firms didn't really know too much about their customers. They didn't need to. All they needed to know was what worked from a utilitarian point of view, not why it worked.
Recent technological advances have completely altered the landscape—evolving it to a state that would have been unrecognizable a mere dozen or so years ago. For one, today's marketer confronts a highly sophisticated, engaged and informed consumer who is comfortable with the digital landscape, and familiar with the latest gadgets and tools. Native to the Web and connected to multiple Social Media networks via the latest devices, today's buyer may know as much about a marketer's products as the marketer's sales or marketing teams. For most marketers, this is a truly frightening concept.
Who’s Your Data? is a blog that aims to disseminate thought-provoking tips and techniques involving the use of data and database marketing to direct marketing professionals. Why should you care? Because implementing data best practices has been shown to lift response rates, improve analytics and enhance overall customer experience. Reader participation is encouraged!
Rio Longacre is a Sales & Marketing Professional with more than 10 years of experience in the direct marketing trenches. He has worked closely with businesses across many different vertical markets, helping them effectively leverage the use of data, personalization technologies and tracking platforms. Longacre is currently employed as a Managing Consultant, Marketing, Sales & Service Consulting at Capgemini Consulting, a premier management consulting firm. He is based in the company's New York City office, which is located in Midtown Manhattan. He has also previously worked as an online media buyer and digital marketing strategist.
Email Longacre below, or you can follow him on Twitter at @RioLongacre. Any opinions expressed are his own.