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Showing posts with label Value Proposition. Show all posts
Showing posts with label Value Proposition. Show all posts

Wednesday, January 11, 2012

Marketing, Trust And Scare Tactics - SCAREWARE?

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Behavioral psychologists and marketing experts would tend to agree that the average consumer (call him "Norm" on the bell curve of demographic life) is much more readily motivated by fear of pain or loss than by opportunity. Frightening 'doomsday' article headlines catch more views than do their positively-framed counterparts. They tend to force a defensive call to action on the part of the reader, who may then become a consumer -- albeit a bit reluctantly or resentfully.

Excessive or belligerent scare tactics or scareware pop-ups and other negatively-oriented defensive calls to action [i.e., threats], while somewhat effective in forcing conversions in the short-run to action will ultimately make your brand a target of loathing, and you will be perceived as either untrustworthy or weak. Weakness may be occasionally forgiven, but a growing sense of mistrust will put your brand, regardless of its quality, in the litterbox. People have a limited appetite for warnings and threats, and, after a fashion will head toward positive information from trustworthy sources.

Take a peak at the article excerpt below, and then hit that "BACK" button on your browser to return here. We'll be waiting with punch and finger sandwiches.

The article excerpt which follows appears courtesy of ZDNet:

Symantec accused of using 'scareware' tactics

Anti-virus maker Symantec is charged in a lawsuit with misleading users into purchasing full versions of its software by peddling 'scareware' tactics.

READ FULL STORY |
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Threats, when employed in marketing should be implicit, humorous or cleverly and interestingly informative. Your Marketing, Branding and Promotion campaigns should be based more upon features, benefits, value propositions and problem-solving than on problem-identification.

Too many of today's disenchanted, skeptical customers (whether consumer-direct or business-to-business) are already suffering from "threat fatigue." The more that they sense that they are being manipulated by fear, the more likely that they will become distrustful of you. Once you've lost trust, reputation repair and re-establishment becomes a very expensive and time-consuming proposition.

Remember what we've learned here today about Marketing, Trust And Scare Tactics...or else you might just be eaten, piece-by-painful-piece by a pack of flying, rabid wolverines...

Douglas E Castle for MAD MARKETING TACTICS!


MAD
MARKETING
TACTICS™!





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Wednesday, August 17, 2011

Value Prostitutions - Late Nite Infomercials!

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Yes: Value Prostitutions. These are different than genuine value propositions because they are all about 1) bargain pricing ("But wait.....if you order now, we'll send you a second drain unclogger absolutely free!) and a 2) false call to action ("Only if you call within the next 20 minutes..."). It is obvious that the "limited time only" is not an actual time limitation at all. You'll see the same ad and offer the following night if you are watching reruns of cable TV filler. Sometimes, they'll even say that the product (i.e., an electromagnetic, GPS-enhanced, tick and flea control dog collar) is in "limited supply!" Get YOURS while supplies last.

This type of value prostitution does lure a number of hyper-imaginative, ignorant and impulsive buyers (insomniacs with telephones and almost-maxed-out credit cards) to place their orders ["You'll want to grab a pen and write this number down!"] especially during its first few weeks of airing, the ultimate message starts to be:

  • These things cost us nothing, so we can practically give them away because our markup is enormous;
  • The quality is not that good. These things might look good on TV, but they're flimsy pieces of junk when you actually receive them. You'll need two for when the first one falls apart, melts, or disintegrates;
  • We, as the producers of this infomercial, think that you're stupid, and that you are easily persuaded by an offer that appears "too good to be true."
If you want to build a name for your product or your brand, you'll never, ever build it in this manner. Pile up all the bonus extras as high as you would like -- they are still like spraying cologne over body odor.

These opportunistic infomercialists never run a campaign regarding a product for very long. And now you know why. A value proposition lives longer and stays stronger than a  value prostitution, which latter strategy is just a means of scooping up the "low-hanging fruit" in the consumer sector. A credible firm can destroy its brand with this type of bargain-basement hucksterism.

I would say more, but I am now helping my wife arrange our spices in this dandy new carcinogenic plastic-like spice rack. It's a real space-saver, and we got two of them! The second was free, except for a slight handling charge.

Bargains may initially appear magnetic, but in the longer-term, they can severely and often irreparably devalue your brand.

Douglas E. Castle





Visit us at http://MadMarketingTactics.blogspot.com


MAD
MARKETING
TACTICS™!


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