The tech world is wrong about marketing
techcrunch.com
techcrunch.com
On the other hand: "The four P's" is a man-made concept, too. So is the entire framework the author shows off. So why is "inbound marketing" a sham while "the four P's" is gospel? That whole part is a rant about terminology more than anything else.
There needs to be more skepticism and calling-out-BS within marketing, but that doesn't mean rejecting every new idea because it doesn't fit a decades-old mold. Rejecting everything is just as intellectually lazy as accepting everything.
To give an example: I'm an engineer-turned-marketer and now consult tech companies. I never received a "traditional" marketing education so I'd get schooled on theory by a first-year marketing student, but I can automate marketing operations, increase conversion rates, deploy code, turn more trial users into customers, and so on. Between those things and "The Four P's," which do you think matters more to a startup?
Theory is useful but dismissing an entire industry (tech) because they don't subscribe to an old theory or choose to use new terminology is ignorant.
I wont mention any names but I saw a mistake with canonical tags cost a major UK company 1/2 a mill in less than a week.
edit: the GP didn't specify any units though. He could have been talking about visitors or micromorts, not pounds or dollars.
"The lack of those fundamentals has been the main trouble with
advertising of the past. Each worker was a law unto himself. All
previous knowledge, all progress in the line, was a closed book to
him. It was like a man trying to build a modern locomotive without
first ascertaining what others had done. It was like a Columbus
starting out to find an undiscovered land.
Men were guided by whims and fancies - vagrant, changing
breezes. They rarely arrived at their port. When they did, quite by
accident, it was by a long roundabout course. " - Claude C. Hopkins, Scientific Advertising
That was published in 1923 and still rings true.I think the crux of the issue is that some areas within an organization are judged by the metrics equivalent of divination.
That looseness and lack of maturity allows a lot of cruft to accumulate, and trends to take hold in the larger ecosystem. Think of how little room there is for trends in physics, commission based salesmanship or C compilers. Then compare that with software development methodology, marketing and whatever the hot new .js is up to. And with the low barriers to calling yourself a "marketer", you end up with n-th derivatives of things that were cargo-cult to begin with.
> Whenever marketers claim that “everything has changed” or that something is “dead” or that some new buzzword “is the future of marketing,” ask for evidence. Make them cite their sources and explain their reasoning. Most of the time, they are just full of it.
Somehow I don't think the author fully grasped the irony of his statement given the title.
Content marketing, to me, means marketing where the 'content' of the marketing is actually valuable in itself. It could be an educational blog post, or a discussion started on Twitter, but it's something that I might reasonably choose to consume in its own right.
Non-content marketing I would see as banner ads, TV ads, etc, where I would never choose to see the content if I had a choice. I only see the adverts because they tag on to another piece of content in order to get any exposure.
Where I disagree with the author is that he makes it sound like absolutely everyone has forgotten traditional marketing 101. I personally haven't seen that, but then again I'm not in Silicon Valley...
> to increase brand awareness and thought leadership (and those cannot be measured).
Brand awareness and thought leadership absolutely can be measured through polling, search volume changes, etc. Be wary of any marketing that is being sold to you where the claim is the benefit can't be measured.
Sure, the new product might be worse, but these "tech world" companies have managed to take over, and I'd bet they'll keep repacking old wisdom in shiny new phrases and blog posts until they push the ivory towers of marketing into obselence. Hell, Brian Halligan, Hubspot's CEO, is even a senior lecturer at MIT...
> “You don’t get rewarded for creating great technology, not anymore,” says a friend of mine who has worked in tech since the 1980s, a former investment banker who now advises startups. “It’s all about the business model. The market pays you to have a company that scales quickly. It’s all about getting big fast. Don’t be profitable, just get big.”
When someone say "everything some other people says about marketing is wrong", what they are really saying is "what they are saying isn't interesting to me and therefore everything they are saying is wrong", which is the well known ad hominem bias. Biases are good in this context because they bring efficiency to systems. For example, when a marketing person uses buzzwords without context to describe their business, you get the expected "bored" responses from people. Does the Intercloud interest you? What if I told you the Intercloud was a cloud of clouds and it needed a high trust federated network backed by the blockchain to operate? Does it interest you now?
To be successful at marketing X, one must ignore everything anyone is saying about X and try to understand two basic things: 1. What people (Ys) are interested in X? and 2. What makes X equally interesting to more Ys?
Keep in mind sometimes those answers fall outside what you may already know about X. This implies you must learn more about X and get to know the Ys to raise interest in them with the stuff you know they don't.
If you pour a lot of resources into #2, don't expect all the Ys to respond well. Part of what can make something interesting is others aren't interested in it as much as you are. And, if you understand that, you will begin to understand marketing.
That's one component, but marketing is bigger than that. In fact, this is seems to be a major point of confusion, that "marketing" is advertising.
Marketing encompasses bringing a product to market, perhaps even creating that market. According to Wikipedia's definition:
"This way marketing satisfies these needs and wants through the development of exchange processes and the building of long-term relationships."
Not necessarily. They may be saying "For this actual evidence-based reason, everything they are saying is wrong". And you are committing a fallacy of your own, of imputing motivations to someone else without evidence.
On the other hand, the rambling, first-hand, poorly-worded 4 page review the latest sous vide exists solely to sell you that device. This is "content marketing". The text and graphics are inseparable from the intent to sell.
Somewhere in the middle is the Slate webpage that links to the sous vide review. It wasn't written to sell that particular appliance, yet ad revenue is very much top of mind.
Given that, I can expect the entire article to be bullshit.
This is a good description which you might (re-)read: https://news.ycombinator.com/newswelcome.html
Many of your comments here have breached civility in similar ways. That's a problem. On HN, please post civilly and substantively, or not at all.