25 Most Common Payroll Mistakes to Avoid: Small Business Tips
10 #MarketingMistakes Your Small Business Should Avoid At All Cost
-
Upload
logo-design-guru -
Category
Small Business & Entrepreneurship
-
view
9.318 -
download
2
Transcript of 10 #MarketingMistakes Your Small Business Should Avoid At All Cost
In its true
essence,
marketing is a
contest for
consumer
attention
@LogoDesignGuru
#ThinkDesign | #LDG
Getting it right can
lead to phenomenal
results, while even
the tiniest error can
make it vulnerable
@LogoDesignGuru
#ThinkDesign | #LDG
“People don’t know
what they want
until you show it to
them”
- Steve Jobs
@LogoDesignGuru
#ThinkDesign | #LDG
“The aim of marketing
is to know and
understand the
customer so well that
the product or service
fits him and sells
itself”
- Peter Drucker
@LogoDesignGuru
#ThinkDesign | #LDG
Marketing blunders
have plagued hundreds
of brands. Even today,
brands suffer due to
fatal errors in marketing
@LogoDesignGuru
#ThinkDesign | #LDG
#1 The Mascot
King’s Tyranny
Brand: Burger King’s first mascot that
surprised people by appearing from
nowhere at different locations. This made
people hate the brand rather than love it.
Lesson: Always test your marketing
strategy first.
#2 Colgate Meals,
Be Serious
Brand: Colgate decided to market its
brand by selling meals under
Colgate’s name. The results were
disastrous
Lesson: Always stick to what you do
best.
#3 The Unsinkable Titanic
Brand: Titanic was marketed as a
masterpiece of engineering. They
even went as far as to say that it
was unsinkable. After the ship sank,
the company went bankrupt.
Lesson: Always be truthful in your
marketing
#4 The Doritos
Princess
Brand: A commercial from Doritos
shows a child requesting her father
to play with her. The father negates
at first but agrees later upon seeing
a bag of Doritos in the hands of his
child. Seriously?
Lesson: Make your marketing
realistic.
#5 JP Morgan’s
Fumble
Brand: JP Morgan thought it would
be wise to give a chance to their
customers to chat with the Vice
Chairman of the company via a
public session on Twitter. A true
recipe for disaster.
Lesson: Always beware and be
ready for criticism from your
customers.
#6 Chevrolet’s
Marketing Genius
Brand: GM’s Marketing VP Jim
Campbell asked his company’s
employees not to use the term
”Chevy”, used affectionately by its
customers, but rather use the official
term “Chevrolet” in marketing efforts.
Lesson: The customer is always
right.
#7 Kayak’s Stair
Lift
Brand: Kayak showed a commercial
in which an elderly women is forced
to climb the stairs while her son
overtakes her “stairlift” to go
upstairs. This ad seems an insult to
elderly people.
Lesson: Don’t contradict reality and
ethics in marketing
#8 Home Depot’s
Eye for Detail
Brand: A tweet from Home Depot
which compares black men to
gorillas.
Lesson: Avoid racism in your
marketing campaigns.
#9 Netfilx and
Qwikster
Brand: Netflix marketed its
streaming online media platform as
“Qwikster”. The company sustained
heavy losses due this one mistake.
Lesson: Make rebranding relevant.
#10 The Sweeter
Side of Coke
Situation: Coke introduced a slightly
sweeter version of their beverage
replacing the original Coke. The
result was widespread protests by
Coke fans.
Lesson: Never replace your original
idea if it has been successful.
Need more advice on good
marketing? Head towards
our ThinkDesign blog