On a new marketing order

        The war

       On one side are the marketing specialists. On the other, the public and the consumers. In the middle, as we are used to find, products and services – trademarks and brands. And either they are dispatched all of a heap, or they are well-organized and nicely wrapped, they have but one mission: to be utilized. Obviously, things do not happen like this only for the consumer’s sake because, while some throw products at the others, the later group throw money at the former. The more money, the better. This type of war – in fact marketing as regarded so far – used to be quite simple. I say ‘used to’, because for a while now the public and the consumers haven’t been willing to participate in the war. Obviously, specialists in market research, publicists and brand consultants were called in. They all tried to continue the war and search for solutions to the imminent crisis. Yet, neither science, nor creativity can make consumers accept the disproportionate war: they obstinately refuse to go on accepting products and services specifically created for them and, what is more, they start to make claims over their genesis as brands. They were told in vain that although studies and research have been developed in order to create them according to their needs and tastes (and even according to their life style), the specialists who promote the products and bring them to their attention have the greatest importance; publicity, they were told, originates brands and keeps them alive. They didn’t accept the explanation. They’ve started to cross the front line and are heading, slowly but surely, towards the camp of marketing specialists. And some are welcoming them – intentionally or not. However, one thing seems increasingly clear for everybody: the consumers want some peace and quiet.
      

         Peace signs

        The democratization of the Internet and the Web 2.0 phenomenon

        Flickr, digg, Wikipedia, del.icio.us, YouTube, blog, podcast, RSS ! If you do not understand any of the terms above and work as a marketing specialist, then it’s time you did something for your and your company’s future. These terms name some of the new manifestations existent online. The Internet – as it was regarded last century! – is about to disappear. Understood as a purpose in itself by the ones who created it and by its first users, the web is about to change its very reason for existing: out of a purpose, it becomes a way. It becomes the universal platform for communication and expression of the human spirit. It’s not only about fast and easy access to information any more, it’s also everyone’s contribution to the information universe. For instance, one can not only express an opinion about one fact or another, but you can do quality journalism without being a BBC employee. And what is more, you are taken into account and considered a relevant source of information. The status of journalist is no longer awarded, but gained through your absolutely private actions. Your opinions and beliefs can reverberate in many minds, the others may find themselves in them. Next, Wikipedia – hard to believe it, a few years ago – has become, out of a utopian project, one of the most accessed and used sources of public information. The new web is becoming a universal and democratic construction. The human being is not accepting a passive use of this environment any more, but is actively contributing to creating and developing it; the awareness and responsibility of the present ability to communicate and influence in an unprecedented way and, particularly, the feeling of participating in expanding a complex and higher information entity represent, in fact, the strength of the web 2.0 reality.

         Investor Relations and Distributed Public Relations – the new tendencies in PR
       The importance of financial transparence in public companies or the ones listed on the stock exchange has been continually emphasized during the past few years. Investors and capital market analysts have repeatedly appealed to companies to deliver information in due time and in a more transparent manner in order to prevent company collapse or crises. Many have emphasized that the cause is not distrust in administration boards or the management, but a subtler need of the shareholders. For example, if a small shareholder of a very big company (which has thousands of other shareholders) cannot take decisions which will be translated into direct tangible and swift actions, then at least he should be kept informed on all these and, thus, be able to control  – indirectly -  his financial investments. The existence of a specific Investor Relations activity has become very necessary within big public companies, with the proclaimed aim of facilitating communication between them and their investors. This activity has been defined as a set of actions and procedures connected to the ways in which a company discloses information about its compliance with the law and the policy of its own investments. In other words, I, the shareholder, do not question the specialists’ and management’s competence, but want to control, as well as possible, the policy of the companies I invested in. Lately, most Western European and American companies listed on the stock exchange have a department or a company specialized in Investor Relations, which manages communication with current and potential investors. The democratization of information – once considered professional secret – is becoming in this way a sign of the public’s desire to contribute to what, in reality, belongs to them. Very soon people started speaking about Distributed Public Relations. The newest ‘fashion’ in PR is represented by the tendency to ‘delegate’ tasks and responsibilities to members of the organization according to individual competences and activities. And – hardly accidentally – this tendency refers primarily to actions developed online. Obviously, such a practice cannot be done without the members’ agreement and their desire to participate in an activity which, for the time being, is perceived as being reserved only to specialists.

       The Traspersonal Brand
      
Nowadays, consumer’s loyalty to the brand and the complex, profound emotional phenomenon which accompany this relation, can not be explained only through the innate features of the purchased product or the successful influence of the promotion and branding campaigns.
The simple fact that you’ve purchased a product – even is it’s considered a brand – and you are using it, cannot explain the extremely complex emotional and cognitive reactions manifested by those who simply ‘own’ a product. Respect and loyalty to that brand are only expressions of the feeling of belonging to something transpersonal and beyond the simple emotional connection to an external object. I don’t only HAVE the product, I AM part of it. Many times, we are aware of the fact that, without us, the respective brand wouldn’t exist. If we cease to be part of its ‘spirit’, then it will disappear. We are the ones who give it birth and keep it alive. Estimating the ‘power’ a consumer holds over a trademark, several marketing specialists have employed a series of new interactive advertising procedures, through which the public can manifest their feeling of belonging to that trademark and which also ‘nourishes’ their need to participate in its development.

 Lucian Traşă

© 2006 strategid