Marketing Planning & Strategy Archives - Page 3 of 3

Get On Board: Introduction To Whiteboard Videos

I’m suddenly obsessed with white board videos as a great way to tell technical stories in a quick, concise and eminently watchable way. We’ve all seen too many traditional, snooze-worthy corporate videos. They are a big investment, but if they are not masterfully produced they do little but bore the audience and clearly convey that your company is boring, too. They are not being used much in aerospace marketing yet, though our friends at Able Engineering were among the first, and we love the end result.

Some people might worry that a white board concept is too edgy or cartoony for our industry, but it’s not. Heck, the United States of America has branded a “White House White Board” online to explain potentially daunting topical issues (note to President Obama: lose the talking heads).

If you have not yet seen or experienced a white board video, start with a Google search and start exploring. They’re all the rage, and, well, we’re on board.

7 Steps to Campaign Success in the Aerospace Market

Goals. What are you trying to achieve with this campaign? Who are you targeting?
Research. Talk to your customers. What are their pressures, concerns, needs and drivers? What marketing tactics work with them? The aerospace industry is very different than other markets so it’s important to find out what works for your specific audience.
Personas. Use your research to create a representative “persona” of each group you are targeting. This helps to visualize that person.
Content. Map out your content based on what your persona research has outlined for you. Address your customer’s problems.
Tactics. Your research told you where your customers engage and the best way to influence them. Plan out your tactics based on this and use your story map to tie it all together.
Measurement. Make sure you’ve included a tracking mechanism on all tactics to measure success. If this isn’t tracked, then how do you know if your methods worked?
Reassess. If you didn’t get the success you were hoping for, change a headline, try a different tactic, check your customer list contact info . . . keep adjusting until it works.

The True Cost of Creativity

Except for the very smallest of jobs, creative fees are always a small fraction of total costs (printing, media, etc.). The incremental difference between having professional, outside support or not will typically only increase costs from 5 to 10% on a small brochure or ad, and less than 1% on an annual report or multi-page web site. When the true costs of internal preparation — salaries, overhead, lost productivity— are added up, outside services nearly always cost less, not more. What’s more, external specialists likely have more refined skills than internal resources. Viewed from the bottom-line perspective, a small additional investment in design and writing quality produces an ROI that is sure to warm the heart of even the toughest CFO.

Sincere thanks to Cameron Foote of Creative Business, who gave BDN permission to share his thoughts on the true cost of creativity.

Keeping Up With The Joneses: Analysis On B2B Marketing Spending

How much are other B-to-B companies spending on marketing?

40% report marketing budgets of under $1 million
21% report marketing budgets ranging from $1 million to $4.9 million
17% spend $5 million or more

Where are they spending their money?

Trade shows: 20% of budget
Television Advertising: 17%
Print Advertising: 15%
Inside Sales: 14%
Direct Mail: 14%

This information was gleaned from a survey of dedicated marketing executives in B-to-B businesses with revenues ranging from less than $100 million (nearly half of respondents) to $1 billion or higher. 35% of respondents described their businesses as Manufacturing, High-Tech, and Primary Production.

How much are you spending? How does your budget measure up?

Source: MarketingProfs Research Insights, MarketingProfs, LLC

A Warning to Aerospace Marketing Professionals About Copyright Infringement

Does the end justify the means? Too often, in the world of aerospace marketing, the answer is yes. And that’s not a good thing.

In their zeal to be noticed and remembered, some marketing people are willing to bend the rules, and, worse, break the law, in regard to intellectual property.

Sometimes it’s ignorance. Not everyone has a marketing background. Some came from the military. Others are engineers.

Case in point. Military marketers at a major OEM wanted to use the song “Bad Moon Rising” in a product video. They just didn’t want to pay for it. So they got permission to use the song once, then proceeded to break all the terms of the agreement, making copies, showing it to groups, and violating copyright laws left and right.

Photo usage is even more problematic, as there is a stubborn resistance to pay for photography and sometimes outright refusal to respect the usage rights for same.

Copyright infringement is a crime that impacts the livelihood of designers, authors, composers, songwriters, and filmmakers. Frankly, it’s theft. And we’re better than this.

Aerospace is a special industry full of good professional people who have integrity and most of us genuinely want to do the right thing. Here’s a reliable resource for more information: copyright.gov

Some More Things We Know About Aerospace Marketing

We know that aerospace companies are conservative and tend to copy one another in their marketing efforts. Everyone’s logo is red, white and blue. Everyone has a Skunk Works, or a Phantom Works, or a Hawk Works. Use this to your advantage and distinguish yourself from the crowd of lookalikes.

We know that lots of Aerospace and Defense companies do not have a Crisis Communications plan and are completely unprepared should an incident or accident occur. The ramifications could be devastating.

We know that lots of aerospace and defense companies are spending money on ad placements in unaudited magazines that won’t do them any good. If you don’t know exactly who is receiving a given publication, you should not be advertising there.

We know that not everyone in our industry believes in marketing and that some think it’s a necessary evil. We also know that the business that finds itself immune to the necessity of marketing sooner or later finds itself immune to business.

Some Things We Know About Aerospace Marketing

We know that it’s not unusual for aerospace and defense companies to have a “if we build it, they will come” mentality. That may have been true at one time, but today there are too many providers, and technology is changing too quickly, to make that assumption. It’s not enough to have good technology. You must be prepared to tell the marketplace why your technology is better and what it can do for the customer.

We understand that million- and billion-dollar aerospace and defense sales take years to cultivate, and that’s one reason a powerful, enduring brand is so critically important to this market.

We know that there’s a leadership gap in the American aerospace industry. We can make a case for why you should fill it and what that could mean to your company.

We know that engineers are not marketing people. And marketing people are not engineers. We know that marketing people shouldn’t design airplanes and engineers shouldn’t design ads.

We know it’s more important to show your products and technology than it is to talk about them. In person is best. Video demonstration is the second choice. If you have to choose between advertising and demonstrations, you’ve got to go with the demo.

Over to you. What do you know about aerospace marketing?

Marketing Tips: How Large Does A Logo Need To Be?

Anyone in our business hears this request a lot. There’s even a song parody devoted to this very subject: www.youtube.com/watch?v=2fwV-dI0DxM

Why is this so common? Sometimes when clients look at designs, they are focused on the things that are important to them, or what they think will be important to their bosses, like the logo. It’s understandable that they want their branding to be emphasized, but it’s more important to consider the viewpoint of their customers and prospective customers. It’s not about what you care about that matters. What do your customers care about?

Prospects really want to know what you do and what’s in it for them if they do business with you. Everything else is secondary. This is why your messages should first focus on the things that are important to them, and follow-up with information about the company. A larger logo may actually be distracting, and is a dead giveaway that you are a small company or have a small company mentality.

One more thing: Consider how a smaller logo may enhance your brand. Do you want to project an image of refined professionalism and quiet confidence? As the undisputed experts in your field, you don’t need to scream your message — you can quietly and confidently state your case.

Why Paying for Photography Rights Matters

Photographers are weird.

I mean, they want to get paid for their work. What’s up with that? They’re a nervy bunch, all high and mighty about their talent and their rights and whatnot. Geez.

OK, seriously. For some reason, a lot of aerospace marketing people don’t think they should have to compensate photographers for their work — and that’s just wrong. In our business, it’s a big red warning flag when people brag that they never pay for the photography they use for marketing purposes.

Professional photographers have the knowledge and the skill to make you, your company and your products look your best. From our standpoint, the right photo can make or break a project. Professional photographers are in business, and as a business, need to make a profit.

I just don’t understand those who think otherwise, do you?