marketing strategies: to get what, marketers need to know why
DESCRIPTION
Chris Paradysz, CEO of Paradysz & PM Digital, explains the importance of marketers asking "Why?" to understand exactly "What" they in their marketing plans.TRANSCRIPT
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To Get to What,
We Need to Know Why.
Chris Paradysz CEO and Co-Founder
PM Digital & Paradysz http://www.pmdigital.com
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Why Do Anything?
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The Paradox of Why
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Why or What?
Provide a safe, comfortable place to grow and discover your interests…
Build the biggest house on the water I can afford…
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Why or What?
Collect all of the all colors of the 1957 Fender Stratocasters for my collection…
Learn to play guitar like Eric Clapton, Jimi Hendrix and Stevie Ray Vaughn…
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Why or What?
Be able to support orphaned kids... I don’t want kids to struggle the way I had to...
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Why or What?
Make myself happy... Make a difference in the company that I work for...
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The Paradox of Why
$53,000 Raised for Lupus Research!
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What : Why
• To raise $ for Lupus research
• To raise awareness of Lupus
• To inspire and connect with sufferers
• To break a record
• To make friends and family proud
• It would be kinda cool
What? Why?
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Innovation Scorecard
Brings in new, high-value customers
Builds my brand trust to sustain a long-term relationship
Meaningfully and tangibly, connects my brand and products to her life
Can be 10% of my business in 24 months
Can be executed flawlessly, ourselves or with partners, repeatedly
Forecasts out to meet ROI and P/L goals
Is multichannel and can be integrated
Will survive for 4 years
If successful, can be scaled in 12 months
Will help my professional growth
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Why: Who is she?
What: Audience profiling, list categories and list usage, persona development and eCRM targeting.
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Why: Understand what matters to her?
What: Pinterest, Vine, Facebook, Twitter strategies, brand voice and tagline testing.
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Why: Understand her needs and wants?
What: Outdoor media testing.
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Solve Paradoxes With Purpose