Trumped up mktg_upload
Transcript of Trumped up mktg_upload
How to Trump Marketing
C.K. Kumar @SupraMBA
Segmentation
Product Positioning / Messaging
Competitive Differentiation
Market Forecasting
Branding
Agenda
How to Trump Marketing
C.K. Kumar @SupraMBA Source: Pew Research
Meanwhile in America
Now.. Where do you focus?
How to Trump Marketing
C.K. Kumar @SupraMBA
Lesson 1: Know Thy Customer
Customers may be irrational
We are all snowflakes. Make it personal
Watch actions, not what was said
Dynamic Buyer Personas
Optimal Refresh Cycle
How to Trump Marketing
C.K. Kumar @SupraMBA
How Americans Felt in November
Anti-Establishment Mood
Uneven Economic Prosperity
Demographic and Social Changes
Old Attitudes STILL Persist
How to Trump Marketing
C.K. Kumar @SupraMBA
Lesson 2: Resonate with Customer
Be Authentic
Watch Macro Trends
Keep Messaging Simple
State Your Message. Rinse. Repeat.
Leverage All Channels
How to Trump Marketing
C.K. Kumar @SupraMBA
Voter Perceptions & Campaigning
Source: Quinnipiac University
How to Trump Marketing
C.K. Kumar @SupraMBA
Voter Perceptions & Campaigning
In Millions Clinton Trump DiffCampaign Total $$ Raised $807 $404 $403
Campaign $$ $581 $351 $230
Small Ind. Contribution $151 $232 ($81)
Large Ind. Contribution $430 $119 $311
Advertising Supporting $73.40 $60.10 $13
Opposing ($120) ($376) $256
Social Media Facebook Likes 10.2 20.6 -10
Twitter Followers 13.1 24.2 -11
Source: Insidegov.com
How to Trump Marketing
C.K. Kumar @SupraMBA
Lesson 3: Differentiate with Care
Real, Sticky Differences
Emotional, not rational
Not all customers are important
Exaggeration matters (but not too much)
Lady Luck needs to smile
How to Trump Marketing
C.K. Kumar @SupraMBA
The Fallacy of Forecasting
Source: Final Projection from CNN, Nov 4th
How to Trump Marketing
C.K. Kumar @SupraMBA
Lesson 4: Forecast.. but watch out!
Datasets are never perfect
Understand the assumptions
Data needs to be granular & fresh
History never repeats but rhymes
Prediction vs. Reality
How to Trump Marketing
C.K. Kumar @SupraMBA
Lesson 5: Everything Matters !!
Source: James George, MarketingProfs
How to Trump Marketing
C.K. Kumar @SupraMBA
Key Takeaways
Customers are fickle. Stay close to them
Message, meet Product
Authenticity is hard to fake
Not all customers are equally important
Forecast but check regularly with reality
Everything matters in marketing