Just how many ads for products do you get hit with each day? 10? 100? 500? No matter what the number is, the end result is the same – you shut down. Something in your brain switches off and you stop “seeing” ads because you are in overload.
This is bad news for a product manager who wants to get his / her product noticed. Is there anything that can be done to get your customers to notice your product’s advertising?
What Doesn’t Work?
You are the CEO for your product and so you’re going to have to find a solution to this problem.Ã‚Â Dr. Sridhar Balasubramanian and Dr. Pradeep Bhardwaj are marketing professors at the University of North Carolina’s Kenan-Flagler Business School and they’ve been studying this problem of how to reach customers that have tuned traditional product advertising out.
The professors point out that most product managers take the aggressive approach and attempt to get their products noticed by simply TALKING LOUDER (remember those TV ads with “Crazy Larry”?) This simply doesn’t work.
Questions That You Need To Be Asking
There are 5 things that as a product manager you can do in order to ensure that the advertising for your product is actually working for you. Here’s what you need to be doing today in order to get your product noticed tomorrow:
- Pick The Right Time: You know your (potential) customers better than anyone else. When will they NOT be getting hit with too many ads – when they get their postal mail at work? Via Twitter? Via FedEx box? Find your customer’s quiet time and seize it to get your message across. Examples: the in-flight magazine that everyone reads is a great opportunity to reach the right type of customer when they are “locked in” and have nothing else to read, also those adding your product to those videos that they are starting to show in elevators would be a great way to reach your target customers in their building.
- Arouse Curiosity: Ads that just talk about how great a product is are boring. Ads that trigger your customer’s curiosity are something special. Is there a puzzle that you can create that they have to solve? Once they solve it can they go to your product’s web site and claim a reward? Talk about a great way to get your message across! Example: Google did this when they were hiring – they created billboards with math problems and a URL where you could go to type in the answer.
- Piggyback On Another Brand: If your product is new, you are going to be fighting for your potential customer’s attention because they don’t know anything about your product. However, if you can join forces with an existing brand, then both brands can benefit from combined advertising. Example: you see this all the time – summer movies do cross promotions with McDonald’s and Burger King,
- Physically Move Into Your Customer’s World: Where does your customer spend most of their day? In days of old, companies sent out calendars to their potential customers (Pirelli’s is world famous) because they knew that they would be on the wall for a year. Example: Today providing your customers with a browser widget might be the best way to promote your product.
- Trigger All 5 Human Senses: Ok, so maybe you can’t hit all five senses but can you at least do one better than sight? A clever tune or a pleasant scent that becomes associated with your product could help it stand out from all of the other ads that your customer encounters. Example: The Coke “jingle” and the Southwest “ding” sound are both audible sounds that we all now associate with the brands. If we hear the sounds, then we automatically think of the brand!
As though being a product manager was not hard enough, now we have to be advertising experts? Well, no. However, you are the one person who is ultimately responsible for the success of your product. You need to be asking these 5 questions so that you can steer the advertising for your product so that in the end, it works to make your product fantastically successful.
Product managers who find ways to use advertising to make their products even more sexy to their customers will have have found yet another way that great product managers make their product(s) fantastically successful.
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What We’ll Be Talking About Next Time
The part of being a Product Manger that I hate the most is pricing. How am I expected to come up with just the right price for my product? Who am I – Goldilocks: my product’s price is supposed to be not too high, not too low, just right? That’s a tall order. Now I’ve found out that this impossible task has just become harder: an entirely new way of pricing has shown up and it’s called freemium…