Niche Marketing in the Wild

My platonic life partner in marketing Dominic Canterbury found this plastered across the window of a car yesterday.

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Talk about knowing your niche. This guy’s got the “piece of crap car about to fall apart” market cornered and doesn’t waste even one second talking to people who wouldn’t be interested in his service. Does it take him more effort to reach each customer? Probably, but I bet his return rate is freaking astronomical.

Good job, Tom. Good job!!

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That’s one smart doctor

Over on the Biznik blog, naturopathic doctor Hannah Albert just put up one heck of a post about intimacy in business.

And she quotes me. So that’s kind of cool.

Check it out: Intimacy in Business.

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Quick Wrap Up

I stumbled out of the Market to the Max conference with an extra hundred bucks in my pocket, some good ideas in my head and a fist full of business cards. So all in all, I’d say it was a good–but exhausting–day and well worth the time, money and effort.

Not to mention the popcorn. The popcorn was really, really good.

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Running out of power, running out of time.

Tim Armstrong from Google is just finishing up. There’s a big picture of a cow behind him. Over the cow’s head it says “Collective Wisdom.” What did I take away from this talk? That google really will rule the world.

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And we’re back.

Brian Tinter from Drugstore.com is talking about customer personalization. He’s a smart guy. He’s figured out that demographics re often bunk and that personalization is about a lot more than giving customers what they think they need.

I’ve also had a massive lunch and won a $100 in the raffle. Not a bad day so far.

I wasn’t able to sit down and blog during it, but my pre-lunch session was Jane Shanklin from Starbucks talking about “Brewing the Starbucks Brand.” It was a packed room–over packed actually. And she gave some good insight into how Starbucks (and Starbucks in-house creative in particular) does their marketing.

Big takeaway? When you’ve got 97 percent brand awareness you can do some pretty funky stuff.

No wi-fi in the lunch room, but I’ll get this posted asap.

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Well, darn

Nothing like typing out a 500 word post and then having it disappear when you close the powerbook lid.

I’ll go for summary instead:
I’ve been to two sessions since my last post. One was by a woman from Starbucks. She talked about the big S’s way of rocking and rolling on the creative end of things. My favorite bit was when they ran a tube from a Starbucks way up to David Letterman’s office so he could have coffee whenever he wants.

Lunchtime was a tremendously guy named John from Drugstore.com. Key takeaway? Demographic targeting isn’t worth much. One to one marketing isn’t the same as personalization. I’ll need to dig through his notes more when I get home.

And now I’m in “What do you stand for and how do you talk about it?”

It’s ethically delicious. I love it.

Oh, and I won a hundred bucks in the raffle.

Yay!

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Session 2 – The Paradox of Excellence

How do you become highly valued? I’m watching a guy from Fresh Perspectives preach the concept of “Becoming highly valued.” He’s good. He’s energetic. And he’s saying stuff that totally jibes with my own sense of of marketing.

Core concept: Performance doesn’t always lead to satisfaction.

Computers and cell phone performance has gone through the roof. But customer satisfaction is at an all time low.

How do you become valued, then?

Value Reinforcement Marketing.

This is the real product that these guys are selling. The idea? Pay more attention to your customers. Not your prospects, but your actual customers. Folks who have actually bought from you.

Interesting guys. I want to work with them.

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Quote from Donna Wells

“Every form of new media that is successful in collecting an audience eventually sells ads.”

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The King and the Village

One of the core concepts of Donna Wells’ speech is this: The playing field is being leveled. The days when only big companies (the king and his men) could afford to market well are long gone. Today–with eMail, Online ads, SEO, Podcasting, Micro Radio and more–even the little guy can get in there and be competitive. Safe to say I agree with her. Safe to say the idea makes me tremendously happy.

Big idea: We’ve moved from a marketing monarchy to a marketing democracy.

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Opening Keynote

Donna Wells from Expedia is speaking. And she’s awesome. She’s got big bright powerpoints full of startling pictures and is telling the tale of king marketing. How good is she? So good that I’m going to stop typing and start paying attention.

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