Leading the Mindful Marketing Revolution

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Leading the Mindful Marketing Revolution Lisa Nirell | Chief Energy Officer | EnergizeGrowth®

Transcript of Leading the Mindful Marketing Revolution

Page 1: Leading the Mindful Marketing Revolution

Leading the Mindful Marketing Revolution

Lisa Nirell | Chief Energy Officer | EnergizeGrowth®

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Today’s discussion

Identify mindless marketing habits

Outline mindful marketing benefits

Shift from order taker to market maker

Optimize stakeholder collaboration

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What I believe

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You CAN shift from order taker to market maker

You can LEARN new mindful marketing habits

Finding your INNER MARKETING GURU

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EXERCISE

What’s different?

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What is mindfulness?

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Mindlessmarketing

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Multi-tasking is mindless

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The CC Cream diaries

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Gym – 6:30am

Study script on treadmill

1

Wardrobe/ Makeup – 8:00am

I don’t have a team of stylists (yet!), but with Olay Total Effects Pore Minimizing CC Cream, I always look professionally polished.

2

Grab Coffee – 9:30am

I Chat on phone with a friend while waiting for my latte

3

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Order taker?

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“Marketing-speak”

Erratic financial reporting cadence

Outdated demand creation model

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“Marketing-speak”

Erratic financial reporting cadence

Outdated demand creation model

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‘‘‘‘We’re attacking the target market with a rifle shot approach.

Source: Steve Yastrow, We: The Ideal Customer Relationship

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‘‘‘‘We’re in a fierce battle with the competition to capture market share.

Source: Steve Yastrow, We: The Ideal Customer Relationship

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‘‘‘‘We’ve scheduled a volley of advertising for the fall.

Source: Steve Yastrow, We: The Ideal Customer Relationship

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“Marketing-speak”

Erratic financial reporting cadence

Outdated demand creation model

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‘‘‘‘Think about the staff meetings you attend. The VP of Sales and the CFO reports on how earnings,revenues, and renewals compare to previous quarters…

– Joe Payne former CEO Eloqua (now Oracle)

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‘‘‘‘… Conversely, the VP of Marketing may report on the latest Twitter campaign at one meeting, and the number of trade show leads at the next...

– Joe Payne former CEO Eloqua (now Oracle)

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TIME FRAME Horizon 10 – 12 months

Horizon 212 – 36 months

Horizon 336 – 72 months

DRIVING GOAL

Maximize economic returns

Become a going concern

Create a new category

KEYPERFORMANCE INDICATORS

• Revenue vs. plan• Bookings• Contribution margin• Market share• Wallet Share

• Target accounts vs. plan

• Sales velocity• Average deal size• Time to tipping point

• Name brand customers• Deal size • Name brand partners• PR & social media

buzz• Flagship products

Source: The Alchemy of Growth by Mehrdad Baghai, McKinsey

RE

Resources Needed to Generate RevenueLOW HIGH

Managing a Portfolio

The 3 Horizons Model

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“Marketing-speak”

Erratic financial reporting cadence

Outdated demand creation model

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Old vs. NewDemand creation

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LEADS &

SOCIAL MEDIA

$$$

Ongoing Customer

Relationship & Community

Building

OLD NEW

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Recommendations

Intentional language

Mindful Meetings

Community

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The Marketing Language Meter™

Target

Vendor Partner

Pitch

Push

Pursue

Penetrate

Serve

Partner

Converse

Shepherd

Nurture

Expand

LOW ENERGY HIGH ENERGY

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Mindfulmeetings

Breathing space

Min/Max

Check-In Process©

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The Check-InProcess©

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Mindful revolutionaries

Dr. Jason Lake

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Design yourcommunities

Peers

Customers

IMG

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Peer community

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Branded customer communities

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Branded customer communities

= best content

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Today, customerscontrol the conversation

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Source: The Incyte Group, 2012, n= 1,897

Get the most accurate information

Get answers from consumers like me

Get information more quickly

18%

22%

32%

Top reasons customers participate in a branded community

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Inner MarketingGuru (IMG)Community

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Inner MarketingGuru (IMG)Community

FAMILY

FOOD

FUN

FITNESS

FOCUSRITUALS

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Mindful revolutionaries

Carol Stratford

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Geared for action

Participate

Study

Self-reflection

Honor commitments

How revolutionaries

behave

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Where to begin?

“Quick hits”Invest

long term

Pursue opportunistically

Avoid

RE

Ease of implementationR

E

Bu

sin

ess

valu

e &

str

ateg

ic f

it

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Join the revolutionPhone: 703.888.1280Email: [email protected] [email protected] resources and survey:www.themindfulmarketer.com/bonus