Moshe Engelberg On Everything Marketing

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Marketing Dilemma - Do Customers Really Want Choices?

Most of us assume customers want a lot of choices. Nobody likes being told what to do. Right? Maybe not.

In the book The Paradox Of Choice: Why More is Less, psychologist Barry Schwartz tells the story of going into the Gap to buy a pair of jeans. The salesperson asks him what kind of jeans- slim fit, easy fit, relaxed fit, or baggy? Stonewashed, acid-washed, or distressed? Button fly or zipper? On and on the choices grew. He replies - a bit confused - jeans, just regular jeans like he always buys. Then he started worrying, well maybe it matters and should he try on 14 different styles? The myriad of choices created an uncomfortable "need."

In our consulting work helping companies really understand what their customers want, need, and value, we invariably find that too many choices is just as bad as no choices. For example, when working with our federal Medicare agency (CMS) to investigate what choices seniors want in selecting health insurance plans, we found they tended to want two or three good choices. And they really valued a trusted resource that could present them with the best two or three options for their situation.

Therein lies the marketing opportunity. Sometimes people are overwhelmed by choices. They want to be told what to do, especially in a domain where they have little or no expertise, like say, evaluating healthcare systems. So step up and make it easier for your customers by reducing their number of choices. Call it "peace of mind" marketing.

P.S. This is where my marketing pseudonym "Les S. Moore" comes into play.

Filed under  //   choice   customer   customer intimacy   marketing   marketing research   value proposition   wants vs. needs  

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Marketing Healthcare Reform & Double Standards

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We're just wrapping up a marketing study with primary care doctors across the country to test the appeal of potential new medical equipment and services. I am constantly hearing doctors lamenting the condition of healthcare in America, and very clearly saying what they do everyday - how they treat patients - is directly affected by what is r eimbursable by insurance and what kind of coverage a patient has. It is both understandable and frightening. 

In the midst of healthcare reform, are you and I willing to sacrifice our benefits for the greater good?  As the cartoon suggests, many lawmakers have a double standard and would not. Wouldn't that be like a marketer representing a product they don't believe in? Not a good thing. And it always shows. Integrity: Don't leave home without it!

Filed under  //   healthcare reform   marketing research   messaging  

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Writing Hit Songs: Art or Science?

There's a new website business called Uplaya by Music Intelligence Solutions with "Hit Song Science" software that predicts what songs will be big hits, then helps with promotion and distribution. The company's CEO sees the algorythm that looks for common patterns of rhythm, harmony, chord progression, length and lyrics, as a way to democratize the music industry, a process he likens to an electronic American ldol (listen to today's NPR interview).

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This reminds me of popular singer/songwriter named Michael Bolton who may be best known for singing well-known covers in the 1980s & 90s. Turns out most of his work is original and quite popular, but he was often criticized as a "formula" singer, without much originality. So too are some songwriters critical - or fearful - of an algorythm shaping artistry. It would eliminate innovation and narrow the range of creative possibilities they say. Should artists be driven by what their fans want? Or just sing, write, paint, or create what is in their hearts? My belief is there is a balance. By definition, significant innovation - whether for new products, services, or songs - is something that is hard to evaluate using existing mental templates.

I made the point this way in a Global Marketing seminar I taught last week: Imagine 30 years ago (for a few students, this would have been before they were born... hmm.), someone would have you shown you a small flat box that had a little TV screen and a typewriter built in. They explained to you that with no wires, this "thing" would let you write letters and use spreadsheets, instantly send notes to people anywhere in the world, and just as quickly tap into a worldwide encyclopedia, company directory and shopping network. Could you have even conceived of it? Sure, predictive software is great. And there will always be a place for unscripted creativity that breaks the bounds of what is now known and accepted as good.

Filed under  //   customer centric   marketing research   music   technology  

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