Having worked with over 100 startups, what is the most common marketing mistake I’ve seen?
Having either founded, mentored, consulted or worked within 100+ startups over the past six years, there is one common denominator seen in amongst all of them — poor messaging.
This is the way you communicate with your key stakeholders, primarily your customers.
One of the most challenging aspects of running a business is explaining how we want our users to ‘feel’ about our product or service. Often we know it in our heads, but getting it down on paper can be very difficult.
Unless you have previous experience, how do you communicate a feeling?
We all personify businesses and attach feelings towards them, particularly when we’re the founder, but sharing that feeling with other people, particularly when we’re not naturally adept at communication can be difficult or impossible.
Another problem is that the way we communicate things is often different from how people hear things. When I say I had a ‘fantastic’ lunch, the feeling I attach to that may be different from the feeling you associate with those words.
In marketing, we have a careful balancing act of communicating:
- How we feel about our brand
- What we know people want to hear
- The words and phrases people use
Then, if your product is for different types of people (market sectors), you may find that they all use other words to describe the same thing. Or maybe not?
A few years ago, I worked in a SaaS company running mildly successful digital marketing campaigns. I was struggling to improve the performance of the campaign and had seemingly hit the ceiling. A couple of weeks later, I was having a beer with a customer (customer research, honestly) and asked in a passing comment, how would you describe our service to a friend in the same industry, which they did.
What they said was a completely different way of talking about our value proposition that I hadn’t considered. I went straight back to the office at 9 pm, made a minor campaign using the customer’s description word-for-word, then promptly went home and fell asleep. The next day, I found our campaign had a Return on Ad Spend of 6.5X. A massive improvement on my previous campaigns.
My recommendations if you’re just getting started:
- Think carefully about how you feel about the brand
- Develop basic brand guidelines
- Speak to customers, in person where possible
- Who is my customer, and what is their customer persona?
- What is the problem they’re facing?
- How does my product solve that (i.e. what is my value proposition)?
- How do I describe it?
- What words and feelings do people attach to it?
There’s significantly more to the whole process, but this is a great place to get you started. Happy to chat further about your brand, messaging and how it all aligns together.