Categories

Archive

The Marketing Eye Blog << Blog Home

Irrational marketing for rational customers won't work

Posted Thursday, February 19th, 2009 by Neil Edwards

Seth Godin is a well respected blogger and talks good sense on a variety of marketing related issues. In his post on The rational marketer (and the irrational customer), however, he misses an important point.

Seth expresses frustration at marketers who can't work out why more people won't buy their products or services and suggests the answer is to stop focusing on rational benefits and instead to tune-in to irrational drivers, for example, the hassle of making the change or concern about what the boss will think.

We have clients who find it hard to accept that people aren’t buying their products or services in sufficient quantities too. The first step, is not in messaging or sales techniques, but to establish if there is still an adequate market for the product or service in the first place.

We are in a recession, which means that demand for all but the most essential purchases falls. The response to falling sales is to identify and understand the market. This might mean exploring new markets or establishing a proper basis of aggressive competition in existing ones: normally by differentiation or focusing on a niche. If necessary, costs and processes have to be reviewed to maintain profitability while price competition takes place.

The decision making process might meander through irrational steps, but the ultimate decision to sign a cheque in these straitened times is still a very rational one. Businesses have to accept that their market might be shrinking and adapt accordingly. To try and stave off falling demand by simply tweaking the message is equivilant to putting a finger in a broken dam.

Posted Thursday, February 19th, 2009 by Neil Edwards


Other Articles In This Category

  • Beyond No Logo

    This post is co-authored with Jo Allen, Creative Director with The Marketing Eye.Several years have passed since ‘No Logo’, Naomi Klein’s seminal backlash against... read more
    13th of September 2009 by Neil Edwards

  • Putting the star and bucks back in Starbucks - Starbucks trial brand strategy

    Coffee is a regular topic of conversation in The Marketing Eye office. Normally it’s an argument about whose turn it is to make the next one, but now, for a short... read more
    2nd of August 2009 by Neil Edwards

  • Banking on a brand

    Santander has announced that it is to rebrand all of its UK operations. Bradford & Bingley, Abbey and Alliance & Leicester are to disappear from our High... read more
    4th of June 2009 by Neil Edwards

  • An innocent (and logical) decision

    Last week we learned that Innocent Drinks has agreed to sell a 20% stake in the business to Coca-Cola for £30m.The news has parallels with the sale of Ben &... read more
    18th of April 2009 by Neil Edwards

  • Making brand values valuable

    Brand values originated as a concept somewhere in the 1990’s when the understanding of branding evolved from being simply an exercise in corporate identity to it... read more
    14th of March 2009 by Neil Edwards

  • Brands without chains

    Jo and I had lunch today with Erika Uffindell, brand guru and founder of leading brand agency, Uffindellwest.While we were speaking, I couldn't help wonder if it is... read more
    6th of March 2009 by Neil Edwards

  • Woolworths re-launch

    We wake up this morning, not only to snow, but to news that Woolworths is to be re-launched as an online business.As we predicted in our post in December, somebody... read more
    2nd of February 2009 by Neil Edwards

  • That was the wonder of Woolworths

    The administrator’s announcement of the closure of all 807 Woolworths’ stores shows that no value could be realised from the business as a going concern. The... read more
    23rd of December 2008 by Neil Edwards

  • Brand value

    I was at a talk yesterday, given by Paul Fifield, visiting professor in Marketing Strategy at Southampton University. Paul’s style is witty and down to earth, which... read more
    13th of November 2008 by Neil Edwards

 


 

On this site