It’s difficult in the marketing world to define marketing principles that are truly more than mere theories…
But the Eureka! Ranch has managed to do it. Over the last decade, it has compiled and analyzed thousands of client cases related to the introduction of new product/service concepts and new marketing messaging for existing products/services.
This research has produced and quantitatively validated a number of well-proven and very practical conclusions for marketers of all types.
One of the key principles that emerged from this research dispels a dangerous marketing myth and therefore needs never-ending reinforcement. And it applies consistently across industries and consumer/business segments.
I’m referring to the critical importance of communicating what the Eureka! Ranch folks call your “overt benefit.”
The value of communicating benefits rather than mere features is hardly a breakthrough discovery. The NEW news is just how overt that communication of benefits needs to be in order to produce a consumer response.
As consumers, we utilize only 2% of the information to which we’re exposed. In the clutter of the marketplace, we need to “get it” quickly – in a matter of seconds. In order for this to occur, marketers must be direct and focused on their most compelling one or two benefits.
Contrary to popular belief, there is a negative correlation between number of benefits presented by marketers and success in the market place. Benefits more numerous than two actually tend to produce diminished results. Therefore, marketers need to discipline themselves to capture the essence of their offerings in one or two easily observed benefits.
The communication philosophy that we must have the courage to embrace is to set a prospect say “no” because what you offer does not apply to her – NOT because she does not understand what you offer.
How do you build “overtness” into your marketing copy?
Add directness, bluntness, and specifics to your generic promises. (i.e. It’s not a “fast car wash,” it is a “6 minute car wash.”) Straight talk wins. Direct, to the point language out performs fancy word play in the minds of consumers.
8 More secrets from the Eureka! Ranch:
Saranne Rothberg is the Founder and CEO of The ComedyCures Foundation. Her blossoming non-profit brings laughter and therapeutic humor programs to children and adults living with illness, trauma and disabilities through large and small-scale comedy events.
She founded the organization from her chemo therapy chair in 1999 (she is a stage-4 breast cancer survivor) as a manifestation of her own experience with the healing power of laughter. Since then she has been featured on Good Morning America, Oprah, and most every other major news media you can imagine.
Her awards are too numerous to list, but Oprah has featured her as her “Hero” in her book Live Your Best Life.
What do your customers really want from you? I’d classify this as an important question for any business. And today, I got a glimpse of something from which most of us can probably extract a valuable lesson.
A friend of mine who runs a thriving angel investor group in Virginia recently set up an account on the business networking site, LinkedIn. (If you don’t have one, you should probably think about it.) The other day, she challenged me to a race to see who could build a bigger network. She’s killing me.
One of the features that LinkedIn now offers is the ability to post a question to the community. People answer publicly to establish credibility and domain expertise. So, as you might imagine, the answers tend to be thoughtful, well-articulated, and generally correct (or at least defensible).