Product vs Brand: Only Two Types of Marketing
Nando’s knows the power of brand marketing; after taking a knock during COVID-19, how else would a company that sells chicken race up the brand ranking charts in 2024?
Read moreOf 2 million podcasts, only 1% make it past 20 episodes. The secret to joining the top tier is simply persistence. In marketing, outlasting your competition can be more effective than having the biggest budget or most creative idea.
The Last Marketer Standing: Crafting Campaigns That Endure
Imagine your business as an uncut diamond. It has potential, but without the right approach, it remains hidden beneath a rough exterior. But just as a skilled jeweller carefully cuts and polishes a diamond to reveal its brilliance, a well-crafted marketing strategy can transform your business into a dazzling success.
Marketing is no exception. Still, there’s the million-dollar question: How do you cut through the noise and make your marketing efforts truly sparkle?
The Persistence Principle: Becoming the 1%
Let’s begin with these startling statistics:
What does this mean for you?
To join the elite 1% of podcasters worldwide, all you need to do is publish 21 episodes. That’s it. No need for millions of listeners or celebrity guests – just the determination to keep going.
This principle extends far beyond podcasting. In marketing and business, outlasting your competitors can be a powerful strategy for success. It’s not always about being the most innovative or having the biggest budget.
Sometimes, it’s simply about staying in the game when others have thrown in the towel.
The Multi-Faceted Approach: The Rule of Seven
Now, let’s add another facet to our diamond metaphor. Just as a diamond’s brilliance comes from its multiple cuts, your marketing strategy gains its power from multiple touchpoints.
This is where the Rule of Seven comes into play.
Coined by Dr. Jeffrey Lant in the 1980s, this marketing principle suggests that it typically takes between 7 and 13 touch points to convert a prospect into a client. But here’s the catch – not all touchpoints are created equal.
From Cold Calls to Warm Engagements: The Marketing Spectrum
Imagine a spectrum of marketing activities, ranging from “ice cold” to “red hot.”
At the coldest end, we have impersonal, easily scalable activities like mass emails or generic social media posts. These are the equivalent of tossing uncut diamonds into a crowd – easy to do, but unlikely to catch anyone’s eye.
As we move along the spectrum, we start to see activities that generate more warmth:
These warmer activities are like the careful cuts a jeweller makes – each one reveals more of your business’s unique value and builds a stronger connection with your audience.
The Persistence Paradox: Balancing Act
Here’s where our two principles – persistence and strategic focus – come together to form what we call the Persistence Paradox:
The key to success lies in finding the right balance.
You need to persist with a mix of activities across the spectrum. The lower-impact activities keep your brand visible and contribute to the Rule of Seven, while the high-impact activities create deeper connections and drive conversions.
Crafting Your Brilliance: A Strategic Framework
So, how do you put this into practice? Here’s a framework to consider:
The Last Marketer Standing: Your Secret Weapon
In a world obsessed with quick wins and overnight success, your secret weapon is surprisingly simple: don’t give up. Keep your Rule of Seven in mind, balance your activities across the marketing spectrum, and remember that sometimes, the key to being in the top 1% is simply showing up when others don’t.
Reflection Questions:
We’d love to hear your thoughts and strategies. Share your experiences with balancing persistence and impact in your marketing efforts.
After all, the path to becoming the last marketer standing – and the most brilliant diamond in the market – is one we’re all walking together.
We’d love you to share it with your friends, colleagues or your marketing team.