Roy's Blog

January 1, 2021

How marketing can improve and survive in an unpredictable world

How marketing can improve and survive in an unpredictable world.

How can your marketing strategy survive the storm in today’s world? Marketing is in serious trouble! Its effectiveness is extremely limited.

If you are practising traditional text book marketing, this book is your wake-up call. You are subjecting your organization to enormous risk.

Why? The playground for organizations today is not what it used to be.

Today’s environment is NOT relatively stable, predictable, and slow changing, where a handful of competitors tussle for business.

It is NOT a marketplace where customers dutifully accept what organizations produce with little recourse if they object and are dissatisfied.

It’s anything but.

The Storm is today’s world: turbulent, chaotic, powerful, violent and life-threatening. Where a plethora of hungry and aggressive competitors fight to live or die; where people are connected, well informed and engaging.

Storm consumers wield their power and punish companies who don’t live up to their expectations; they change their minds in a heartbeat and move to greater value and a better deal.

The Storm denies traditional marketing which is risky in current market dynamics. Doing more of the same-old, same-old marketing practices in destroys value and kills businesses.

Companies need a completely fresh and different approach. One that is completely in synch with new world realities.

One that is a shocking change from where we are in marketing today as opposed to a more lethargic shift in thinking which really doesn’t result in much change at all.

Storm marketing throws out the old and creates the new. It asks “What does marketing have to look like to thrive on and survive The Storm”? not “How can present marketing practices be modified and adapted to changes in our operating environment?”

The Storm demands disruptive and audacious thinking.

In this book, discover a new platform for Storm marketing; the essential marketing competencies organizations must take on and consistently demonstrate if they are to weather the maelstrom.

Key concepts

Here are only a few unbelievable concepts in the book you won’t find elsewhere:

— Serve people; stop flogging products and services at them. Respond to their agenda not yours.
— Learn about individual people; stop studying mass markets because they don’t exist.
— Dig for what people crave; merely satisfying their needs won’t give you a differential competitive advantage.
— Create customer experiences to build customer loyalty.
— Be the ONLY organization that does what you do; better and best don’t describe a long term winner.
— Be a premium priced in the markets you serve. Add extra value to your offerings and charge premium prices. Competing on price is insane marketing.

— Shed the strategy of being a fast follower; you’ll still be a copycat.
— Build barriers to customer exit; don’t fuss with competitive entry.
— Target to earn 100% of each customer’s business. Corollary: measure share of customer more than share of market.
— Shun benchmarking; it is a the tool of sameness. Copying lowers the bar it doesn’t raise it. Corollary: benchmarking has no strategic value.
— Focus on your loyal customers to grow your business; leave new customer acquisition to the second rate players.
— Stop product bundling. It’s price discounting in disguise.

— Build a customer learning competency to be able to shift with customer change.
— Grow revenue fast-and-easy during chaos.
— if you say you’re customer focused, choose your words very carefully.

What some of my readers say…

“Roy nails it again! Marketing in the Storm discusses the unusual disturbance of the once normal conditions of the business atmosphere, manifesting itself by winds of unusual force or direction. Today’s business is often accompanied by a rebellious climate of uncertainty, new rules, procurement, trust and lack of client know how. He’s scary correct with his insights. Read it and maybe survive.”—Frank Palmer, CEO DDB Canada

“Osing shouts out a convincing argument for smart marketers to heed: Take the time to respect your customers’ uniqueness, or get tuned out.”—Lori Leavitt Evans, Serial Entrepreneur and President, Lori Leavitt Evans Consulting

“I just love Roy’s books. Short, crisp, relevant, focussed and hard-hitting. Marketing in the Storm is 45 pages of dynamite to help marketeers understand what is important for today’s customers and what keeps them coming for more. He is right….it is about “experiences”, not “products”.
This book is highly recommended not just for new marketeers but also seasoned ones who still play by yesterday’s rules. The quote from Nelson Jackson, ” I do not think you can do today’s job using yesterday’s methods and be in business tomorrow” is the essence of Roy’s book. Loved reading it.”—Nerio Vakil, President Total Business Solutions, Mumbai India

Check out Marketing in the Storm at retailers here.

Cheers,
Roy
For all of my books, check out my BE DiFFERENT or be dead book series

  • Posted 1.1.21 at 08:00 am by Roy Osing
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