Genius Pay Days Review

Publié le 15 Février 2016

Genius Pay Days Review Marketing's negative reputation is compounded by the fact that, unlike other functions that are always on a Board, such as Legal Counsel and Finance, a Marketing Professional can often be seen as a practiser of pseudoscience or an 'ace-in-the-hole' when the sales team need that little extra support to reach a set target. That's because Marketing is a function that isn't always accurately measureable or rational on paper- both at strategy and result levels. It's very difficult to justify an expensive communication campaign to raise brand awareness in a target market that is comprised of unique people. Scott Stratten describes it perfectly in his book, UnMarketing[2]. He says it's not solely ROI (Return On Investment), an accurate and commonly used measure, that drives business success; it's more ROR (Return On Relationships) which Marketing cultivates that produces the greatest outcome; and that is really hard to calculate tangibly. Therefore, the buck stops with Marketing to overcome this 'gap of undervaluation': the Board won't decide to include and appreciate Marketing with no evidence- it must be proven and justified as an asset, both in and outside of the Boardroom.


Marketing's role is to externally communicate to unpredictable Human Beings; you cannot plug in lines of accurate code with people to have them all behave in a way profitable to a business; some of the segment will reject the message, Genius Pay Days will love it, more still will misinterpret the campaign and others will be too busy to even notice. There is no perfect solution to a problem when working with people, whether they are running organisations or individual consumers, hence the misconception and resulting undervaluation of the role of Marketing in an organisation.

https://www.youtube.com/watch?v=Pg3Xcj3-Yhw


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Rédigé par Susan Martin

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