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	<title>digital mark</title>
	<atom:link href="http://www.shaunanicholson.com/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.shaunanicholson.com</link>
	<description>Detroit Internet Marketing &#38; Digital Strategy</description>
	<lastBuildDate>Mon, 30 Jan 2012 21:34:51 +0000</lastBuildDate>
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		<title>Why Website &amp; Mobile Sites Preference is Good News for Your Digital Budget</title>
		<link>http://www.shaunanicholson.com/why-website-mobile-sites-use-is-good-news-for-your-digital-budget/</link>
		<comments>http://www.shaunanicholson.com/why-website-mobile-sites-use-is-good-news-for-your-digital-budget/#comments</comments>
		<pubDate>Mon, 30 Jan 2012 16:33:50 +0000</pubDate>
		<dc:creator>Shauna Nicholson</dc:creator>
				<category><![CDATA[Consumer Data]]></category>
		<category><![CDATA[Content]]></category>
		<category><![CDATA[Design]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[User Experience]]></category>
		<category><![CDATA[Websites]]></category>
		<category><![CDATA[content]]></category>
		<category><![CDATA[iphone apps]]></category>
		<category><![CDATA[mobile apps]]></category>
		<category><![CDATA[mobile browser]]></category>
		<category><![CDATA[mobile websites]]></category>

		<guid isPermaLink="false">http://www.shaunanicholson.com/?p=1493</guid>
		<description><![CDATA[A recent article in Read Write Web revealed 87% Of Connected Consumers Prefer Websites &#38; Mobile Sites Over Apps, which is fantastic news for digital strategists trying to manage budgets. Rather than spending additional budget on applications we have the opportunity to really maximize the mobile browser experience. In fact, preference for mobile (smartphone or [...]]]></description>
			<content:encoded><![CDATA[<p><a class="post_image_link" href="http://www.shaunanicholson.com/why-website-mobile-sites-use-is-good-news-for-your-digital-budget/" title="Permanent link to Why Website &#038; Mobile Sites Preference is Good News for Your Digital Budget"><img class="post_image alignright" src="http://shaunanicholson.com/wp-content/uploads/2012/01/designing-for-mobile-first.png" width="471" height="224" alt="Designing for mobile first" /></a>
</p><p>A recent article in Read Write Web revealed <a href="http://www.readwriteweb.com/archives/87_of_connected_consumers_prefer_websites_mobile_s.php">87% Of Connected Consumers Prefer Websites &amp; Mobile Sites Over Apps</a>, which is fantastic news for digital strategists trying to manage budgets.</p>
<p><a href="http://www.readwriteweb.com/archives/87_of_connected_consumers_prefer_websites_mobile_s.php"><img class="aligncenter size-medium wp-image-1503" title="Connected Consumer Usage" src="http://shaunanicholson.com/wp-content/uploads/2012/01/Connected-Consumer-Usage-300x257.png" alt="Connected Consumer Usage" width="300" height="257" /></a></p>
<p>Rather than spending additional budget on applications we have the opportunity to really maximize the mobile browser experience. In fact, preference for mobile (smartphone or tablet) websites reveals the opportunity to design websites from mobile views out.</p>
<p>Designing and budgeting mobile-out also alleviates a few other traditional budget snags, such as:</p>
<p><strong>Development, development, and more development</strong><br />
Designing from the mobile view out to bigger devices means considering development first. Rather than budgeting separetely for the website, the mobile browser, the application, the tablet&#8230; development can now be consolidated to one very flexible language. I recently worked on a new launch that did just that.</p>
<p>The website was built using <a href="http://en.wikipedia.org/wiki/HTML5">HTML5</a> and <a href="http://wordpress.org/">WordPress</a>. It&#8217;s flexibility is device agnostic &#8211;meaning budget was spared from needless spends accommodating infinite device sizes.</p>
<p><strong>Over-done design</strong><br />
We designed the website to be viewed in the mobile browser, forcing a clean simplicity we may have otherwise not had. There&#8217;s little room for design-by-committee when real estate is constrained.</p>
<p>&#8230;Though I really shouldn&#8217;t use &#8220;constrained&#8221;; the smaller real estate challenges designers to think creatively to create a clean, usable interface.</p>
<p><strong>Broken user experiences across platforms</strong><br />
One of the biggest complaints on mobile application reviews is inconsistency from the website. Users log onto apps expecting the same functionality the business website. When expectations are managed or met, an app&#8217;s review credibility can quickly suffer, rapidly deflating the return on investment.</p>
<p>From the above HTML5 and WordPress example: Rather than building for each device touchpoint, the digital platform we built was flexible enough to be consumed across user experience opportunities.</p>
<p><strong>Poorly prioritized content<br />
</strong>When you begin designing for mobile the simple real estate restriction forces you to prioritize what is most important to the user. Not only that, this means you have to make usability a top priority. And that&#8217;s fantastic.</p>
<p>It&#8217;s more important to strip out the extra details on the mobile browsing view and introduce &#8220;extras&#8221; when the user will benefit most.</p>
<p><strong><em>Have you built mobile-out? How was your experience?</em></strong></p>
<p><strong><em>Or have you created budgets for this type of project? What did you like or not like about the approach?</em></strong></p>
]]></content:encoded>
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		<title>3 Habits Marketing Agencies Need to Break in Order to Grow</title>
		<link>http://www.shaunanicholson.com/3-habits-marketing-agencies-need-to-break-in-order-to-grow/</link>
		<comments>http://www.shaunanicholson.com/3-habits-marketing-agencies-need-to-break-in-order-to-grow/#comments</comments>
		<pubDate>Wed, 25 Jan 2012 18:33:54 +0000</pubDate>
		<dc:creator>Shauna Nicholson</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Entrepreneur]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Borders]]></category>
		<category><![CDATA[business growth]]></category>
		<category><![CDATA[Detroit]]></category>
		<category><![CDATA[GM]]></category>
		<category><![CDATA[marketing agency]]></category>
		<category><![CDATA[marketing trends]]></category>

		<guid isPermaLink="false">http://www.shaunanicholson.com/?p=1470</guid>
		<description><![CDATA[The agency model continues to demand change. Agency models based on optimizing media continue to collapse, but it seems like the typical response of marketers is to simply continue optimizing the buys. These habits are still crippling marketing agencies ability to grow. Some of habits that need to be broken: 1. Strictly Hiring by Marketing Tool [...]]]></description>
			<content:encoded><![CDATA[<p><a class="post_image_link" href="http://www.shaunanicholson.com/3-habits-marketing-agencies-need-to-break-in-order-to-grow/" title="Permanent link to 3 Habits Marketing Agencies Need to Break in Order to Grow"><img class="post_image alignright" src="http://shaunanicholson.com/wp-content/uploads/2012/01/agency-model-changing-gears.png" width="162" height="263" alt="agency model changing gears" /></a>
</p><p>The agency model continues to demand change. Agency models based on optimizing media continue to collapse, but it seems like the typical response of marketers is to simply continue optimizing the buys. These habits are still crippling marketing agencies ability to grow. Some of habits that need to be broken:</p>
<p><strong>1. Strictly Hiring by Marketing Tool</strong><br />
Job descriptions for new hires are still based on (channel) tool-specific strategies without hiring strategists tasked with tackling client business goals. Tools jobs are everywhere: Social Media Strategist, Pay-Per-Click Campaign Strategist, etc.</p>
<p>Of course we need human resources to execute and deliver on these channels. I&#8217;m arguing that by identifying strategists by their tools is a self-serving model. <em>If you&#8217;re hiring hammers, everything looks like a nail.</em></p>
<p><em></em>Not only that, but gears are ready to be turned by the global market. Customer relationships are managed by call centers around the globe. Who&#8217;s to say the widget you&#8217;re hiring for (or turning) can&#8217;t be outsourced next?</p>
<p>Instead agencies can hire by business objectives. As an example, nix the &#8220;Social Media Strategist&#8221; title in favor of community development. Focusing on the business objective creates consistent consumer experiences (between social media, communications, on site touch points, etc) and allows agencies to measure results by what makes a real difference to the client.</p>
<p>As an additional note on this practice: Agencies hiring resources in this way aren&#8217;t setting themselves up for long-term profitability. Optimizing tools is short-sighted and leaves money on the table for both the agency and the client. (Continuously optimizing investments means less budget is inevitably required to gain the same results.) Put another way, channel hires optimize channel or tool return on investment without consideration for true growth.</p>
<p>Smart businesses have already begun to take note and things are already stirring:</p>
<ul>
<li><a href="http://www.nytimes.com/2012/01/25/opinion/friedman-average-is-over.html?_r=1">Average Is Over</a></li>
<li><a href="http://www.businessinsider.com/if-youre-an-average-worker-in-this-forever-recession-youre-going-straight-to-the-bottom-2012-1#ixzz1kUK67UFb www.businessinsider.com/if-youre-an-average-worker-in-this-forever-recession-youre-going-straight-to-the-bottom-2012-1">SETH GODIN: If You&#8217;re An Average Worker, You&#8217;re Going Straight To The Bottom </a></li>
</ul>
<p><strong>2. Underestimating Data</strong><br />
Even as marketers begin to finally focus on data, technologies outpace them. &#8220;Big Data Scientists&#8221; identified within Mashable&#8217;s <a href="http://www.mashable.com/2012/01/13/career-of-the-future-data-scientist-infographic/">Career of the Future: Data Scientist</a> are already automated by <a href="http://www.toovio.com/Core-Funtionality">data synthesizing and predicting tools</a>&#8211;but we&#8217;re only just catching up the the IDEA that big data is widely available and ready to &#8220;drive product and operational decisions&#8221;. Big data isn&#8217;t just driving decisions, it&#8217;s able to predict outcomes.</p>
<p style="text-align: center;"><a href="http://www.mashable.com/2012/01/13/career-of-the-future-data-scientist-infographic/"><img class="aligncenter  wp-image-1473" title="data scientists" src="http://shaunanicholson.com/wp-content/uploads/2012/01/data-scientists1.png" alt="data scientists" width="412" height="176" /></a></p>
<p>&#8220;Big data&#8221; allows us to understand data outside of siloed channels. Big data allows us to understand individual behaviors regardless of tools. Big data lays a foundation for actual business growth. And it&#8217;s already been automated and organized.</p>
<p><strong>3. Optimizing Existing Models (Instead of Making Real Change)<br />
</strong>Companies continue to pat each other on the back&#8211;while downsizing&#8211;and aren&#8217;t putting a clear direction forward. (Consider: Clickable&#8217;s article <a href="http://www.clickz.com/clickz/news/2141065/gm-consolidates-usd3b-media-spend-carat">GM Consolidates $3B Media Spend With Carat</a>) As a Detroiter, this kills me. If all automakers did was optimize Ford&#8217;s Model T, where would we be? Yet this is the same approach GM is taking with media buys.</p>
<p>There&#8217;s an opportunity to innovate and change the way humans relate to and use their transportation. In the same way <a href="http://www.shaunanicholson.com/retail-content-strategy-its-a-lifestyle/">Borders didn&#8217;t sell books</a>, GM doesn&#8217;t sell cars (they sell a means of transportation and lifestyle). Refocus marketing on <em>that</em> relationship and how to use relevant marketing channels will logically follow.</p>
<p>Creative campaigns will only bring companies so far. Campaigns are fantastic ways to connect with the hearts of people. But strategists need to focus on building programs that will address business goals&#8211;before connecting with people who&#8217;ve heard variations of the same messages over and over and over.</p>
<p><strong>What will win?<br />
</strong>Building marketing agency models that focus on program development&#8211;solving business problems through individuals&#8211;will win. (Consider:  <a href="http://www.shaunanicholson.com/tools-execution-is-not-customer-centric-recreate-the-marketing-agency-model/">Tools Execution is Not Customer Centric: Recreate The Marketing Agency Model</a>)</p>
<p><em>Your thoughts?</em></p>
]]></content:encoded>
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		<item>
		<title>Invest in Conversion Rates Before Investing in Traffic Volume</title>
		<link>http://www.shaunanicholson.com/invest-in-conversion-rates-before-investing-in-traffic-volume/</link>
		<comments>http://www.shaunanicholson.com/invest-in-conversion-rates-before-investing-in-traffic-volume/#comments</comments>
		<pubDate>Mon, 16 Jan 2012 12:40:32 +0000</pubDate>
		<dc:creator>Shauna Nicholson</dc:creator>
				<category><![CDATA[Analytics]]></category>
		<category><![CDATA[Content]]></category>
		<category><![CDATA[Conversion]]></category>
		<category><![CDATA[Design]]></category>
		<category><![CDATA[ROI]]></category>
		<category><![CDATA[Strategy]]></category>
		<category><![CDATA[User Experience]]></category>
		<category><![CDATA[increasing website conversions]]></category>
		<category><![CDATA[increasing website traffic]]></category>
		<category><![CDATA[online marketing investments]]></category>

		<guid isPermaLink="false">http://www.shaunanicholson.com/?p=1458</guid>
		<description><![CDATA[Traffic investments load the funnel. There is a lot of focus on increasing traffic to websites when assessing online marketing tactics. This is for good reason: Without website visitors, no one is there to make a purchase or learn what your business is all about. Website traffic tools are sold most often (likely) because it&#8217;s [...]]]></description>
			<content:encoded><![CDATA[<p><a class="post_image_link" href="http://www.shaunanicholson.com/invest-in-conversion-rates-before-investing-in-traffic-volume/" title="Permanent link to Invest in Conversion Rates Before Investing in Traffic Volume"><img class="post_image alignright" src="http://shaunanicholson.com/wp-content/uploads/2012/01/traffic-and-conversion-funnel-181x300.png" width="181" height="300" alt="Traffic and Conversion Funnel" /></a>
</p><p><strong>Traffic investments load the funnel.<br />
</strong>There is a lot of focus on increasing traffic to websites when assessing online marketing tactics. This is for good reason: Without website visitors, no one is there to make a purchase or learn what your business is all about.</p>
<p>Website traffic tools are sold most often (likely) because it&#8217;s the easiest non-invasive marketing influencer a third-party can offer. Website traffic tools include a wide range, from offline to online: billboards to pay-per-click to social media will all grab some amount of website traffic.</p>
<p><strong>Conversion investments widen the mouth.<br />
</strong>The forgotten focus is on website conversions. Conversions include sales, downloads, contact form completions&#8211;any specific business goal on a website. Conversions are influenced by a number of on and off website considerations, some examples: qualified traffic, website design, website usability, images.</p>
<p>There is an extremely high amount of permutations a visitor can navigate through in order to make it to the actual conversion. This is where the analytics nerds love to play, with exciting results.<em> (There&#8217;s a fantastic example beginning on slide 15 of <a href="http://www.shaunanicholson.com/how-to-use-google-analytics-social-media-data-to-make-marketing-decisions/">Google Analytics Decision Making</a>.)</em></p>
<p>Too many companies get lazy about making design updates or testing out interfaces. I get it&#8211;it&#8217;s not easy. Website interfaces and design require a balance of science and art. And it&#8217;s <em>not</em> a set-it-and-forget-it process. What you&#8217;ll learn from the results, however, are worth every investment made.</p>
<p>Consider the following example chart.*</p>
<p style="text-align: center;"><a href="http://shaunanicholson.com/wp-content/uploads/2012/01/Invest-in-conversion-rates-before-investing-in-traffic-volume1.png"><img class="wp-image-1462 aligncenter" title="Invest in conversion rates before investing in traffic volume" src="http://shaunanicholson.com/wp-content/uploads/2012/01/Invest-in-conversion-rates-before-investing-in-traffic-volume1.png" alt="Invest in conversion rates before investing in traffic volume" width="403" height="277" /></a></p>
<p>There&#8217;s a reason not to be lazy about making conversion rate investments. Even if the average transaction value of each conversion was only a dollar you can still see significant impact across the board. So why are so many companies only focusing on increasing website traffic?</p>
<p><strong>Website traffic is a clear necessity for business growth. Just make sure you test out ways to improve conversion rates regularly.</strong></p>
<p>*Please note: Conversion rates are often low percentages on average. Even incremental changes at tenths of a percentage can make a significant difference (depending on website volume). This chart was kept simple for illustrative purposes.</p>
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		<item>
		<title>Leasing White Label Products versus Building Brand-Based Programs</title>
		<link>http://www.shaunanicholson.com/leasing-white-label-products-versus-building-brand-based-programs/</link>
		<comments>http://www.shaunanicholson.com/leasing-white-label-products-versus-building-brand-based-programs/#comments</comments>
		<pubDate>Mon, 09 Jan 2012 12:15:22 +0000</pubDate>
		<dc:creator>Shauna Nicholson</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Entrepreneur]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Strategy]]></category>
		<category><![CDATA[product marketing]]></category>
		<category><![CDATA[program marketing]]></category>
		<category><![CDATA[ROI]]></category>
		<category><![CDATA[start up]]></category>

		<guid isPermaLink="false">http://www.shaunanicholson.com/?p=1438</guid>
		<description><![CDATA[This post is an extension of Rethinking Marketing: Create Consumer Value through Brand Extensions I realize white labeling products is easy and sometimes headline-grabbing for brands. But the reality is they&#8217;re still products. Regardless of sexy new concepts using &#8220;social integration&#8221; or &#8220;mobile accessibility&#8221;, a product limited by transaction. It is important to differentiate the use of products [...]]]></description>
			<content:encoded><![CDATA[<p></p><p><em>This post is an extension of <a href="http://www.shaunanicholson.com/rethinking-marketing-brand-extensions/">Rethinking Marketing: Create Consumer Value through Brand Extensions</a></em></p>
<p>I realize white labeling products is easy and sometimes headline-grabbing for brands. But the reality is they&#8217;re still products. Regardless of sexy new concepts using &#8220;social integration&#8221; or &#8220;mobile accessibility&#8221;, a product limited by transaction.</p>
<p><a href="http://shaunanicholson.com/wp-content/uploads/2012/01/marketer-opportunity-to-grow-business.png"><img class="size-full wp-image-1447 alignright" title="marketer opportunity to grow business" src="http://shaunanicholson.com/wp-content/uploads/2012/01/marketer-opportunity-to-grow-business.png" alt="marketer opportunity to grow business" width="198" height="123" /></a></p>
<p>It is important to differentiate the use of products as part of a campaign versus actual program development. Programs are developed uniquely to a business,tied to a bottom line business goal.</p>
<p>But that&#8217;s not the fault of the company selling the white labeled the product. In fact, it&#8217;d be impossible for the companies developing these products to execute any other way&#8211;they don&#8217;t know your business.</p>
<p>Creating programs that improve the way business is done is the responsibility of the marketer. The marketer has the opportunity to pair innovative products with fundamental business growth. Why settle for retro-fitted products?</p>
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		<title>Marketing Beliefs</title>
		<link>http://www.shaunanicholson.com/marketing-beliefs/</link>
		<comments>http://www.shaunanicholson.com/marketing-beliefs/#comments</comments>
		<pubDate>Tue, 03 Jan 2012 01:44:23 +0000</pubDate>
		<dc:creator>Shauna Nicholson</dc:creator>
				<category><![CDATA[Analytics]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Consumer Data]]></category>
		<category><![CDATA[Entrepreneur]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[2012]]></category>
		<category><![CDATA[Beliefs]]></category>
		<category><![CDATA[cubicle]]></category>
		<category><![CDATA[manifesto]]></category>

		<guid isPermaLink="false">http://www.shaunanicholson.com/?p=1373</guid>
		<description><![CDATA[I believe the best marketing doesn&#8217;t feel like marketing. A consumer should (at least initially) forget he or she is viewing and consuming marketing material because of a genuine immersion into the experience. This can feel like a friend sharing information, an expert providing education, or a peak at an entertainer creating. No matter the experience, [...]]]></description>
			<content:encoded><![CDATA[<p><a class="post_image_link" href="http://www.shaunanicholson.com/marketing-beliefs/" title="Permanent link to Marketing Beliefs"><img class="post_image aligncenter" src="http://shaunanicholson.com/wp-content/uploads/2012/01/Shauna-Nicholson-2012.png" width="411" height="92" alt="Shauna Nicholson 2012 thoughts and expectations" /></a>
</p><p><strong>I believe the best marketing doesn&#8217;t feel like marketing.</strong> A consumer should (at least initially) forget he or she is viewing and consuming marketing material because of a genuine immersion into the experience. This can feel like a friend sharing information, an expert providing education, or a peak at an entertainer creating. No matter the experience, the compulsion to share the experience is an indication of success.</p>
<p><strong>I believe marketers should think like entrepreneurs on behalf of clients.</strong> Carefully exploring a client&#8217;s business and considering challenges can amplify how business is done. Focusing on product pushing can be done by just about any advertising salespeople.</p>
<p><strong>I believe in data.</strong> Footprints (in the form of data) should be unobtrusively collected and studied as a consumer moves through the experience in an effort to mold the next experience; whether it be in a new effort to connect with likeminded others or a continued effort to pull the consumer deeper into the brand (and down the sales funnel).</p>
<p><strong><a href="http://shaunanicholson.com/wp-content/uploads/2011/12/people-destroyed-by-cubicles.png"><img class="alignright size-full wp-image-1375" title="people destroyed by cubicles" src="http://shaunanicholson.com/wp-content/uploads/2011/12/people-destroyed-by-cubicles.png" alt="" width="193" height="149" /></a>I believe in the artistic concepts of marketing.</strong> These are the intangible, brilliant concepts that don&#8217;t come to life often enough because someone was afraid to take a chance. These are the only kind of ideas that really have the potential to cause a disruption in status quo, make a lasting change for the consumer and brand alike, and deeply impact the bottom line. I believe the people capable of concepting these ideas can be destroyed by cubicles (and 9-to-5 drones).</p>
<p><strong>I believe our work as marketers, technologists, and entrepreneurs can pave the way for others.</strong> I believe that people who think &#8220;work&#8221; is synonymous with &#8220;job&#8221; are not playing in the same sandbox. I believe billing by the hour, rather than by value, contributes to marketers viewing their work as a job and therefore producing widgets.</p>
<p><strong>I believe a marketer is responsible for respecting the consumer.</strong> This means reasonably respecting privacy through intelligent data collection. This also means looking for ways to center brand value around the consumer, not the other way around. Brands have the power to inspire, promote, and ease the lives of consumers. Marketers who can focus on this can change the world while blowing away bottom line expectations.</p>
<p><em>What do you believe?</em></p>
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		<title>Rethinking Marketing: Create Consumer Value through Brand Extensions</title>
		<link>http://www.shaunanicholson.com/rethinking-marketing-brand-extensions/</link>
		<comments>http://www.shaunanicholson.com/rethinking-marketing-brand-extensions/#comments</comments>
		<pubDate>Tue, 20 Dec 2011 18:33:47 +0000</pubDate>
		<dc:creator>Shauna Nicholson</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Consumer Data]]></category>
		<category><![CDATA[Conversion]]></category>
		<category><![CDATA[Entrepreneur]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Strategy]]></category>
		<category><![CDATA[benjamin moore]]></category>
		<category><![CDATA[branding]]></category>
		<category><![CDATA[evernote]]></category>
		<category><![CDATA[groupon]]></category>
		<category><![CDATA[itunes]]></category>
		<category><![CDATA[mint]]></category>
		<category><![CDATA[nike]]></category>
		<category><![CDATA[pandora]]></category>
		<category><![CDATA[spotify]]></category>

		<guid isPermaLink="false">http://www.shaunanicholson.com/?p=1401</guid>
		<description><![CDATA[&#8220;Products&#8221; as Brand Extensions There is a marketing opportunity to create value-added brand extensions. Value added brand extensions provide utilitarian benefits to the consumer. There has been an uptick of brand extensions by way of mobile applications, microsites, web tools, and more. A couple examples: Benjamin Moore&#8217;s Paint Calculator: Know how much (Benjamin Moore) product to [...]]]></description>
			<content:encoded><![CDATA[<p></p><p><strong>&#8220;Products&#8221; as Brand Extensions</strong></p>
<p>There is a marketing opportunity to create value-added brand extensions. Value added brand extensions provide utilitarian benefits to the consumer.</p>
<p>There has been an uptick of brand extensions by way of mobile applications, microsites, web tools, and more. A couple examples:</p>
<ul>
<li><a href="http://www.benjaminmoore.com/en-us/for-your-home/paint-calculator">Benjamin Moore&#8217;s Paint Calculator</a>: Know how much (Benjamin Moore) product to purchase using the paint calculator. It&#8217;s super simple to build (and use), keeps the user on the Benjamin Moore website, and nears the user to making a purchase decision (converting). This is the simplest example I&#8217;ve found.</li>
<li><a href="http://nikerunning.nike.com/nikeos/p/nikeplus/en_US/plus/#//dashboard/">Nike+ Running Application</a>: Nike doesn&#8217;t sell shoes, athletic wear, or basketballs. It sells athletic culture. And Nike+ was a great way to extend the brand into the athletic experience.</li>
</ul>
<p>Brand extensions that provide these benefits extend the product lifecycle, builds the relationship, and creates an enchanting experience. But most of all, they are a staple of <a href="http://www.shaunanicholson.com/tools-execution-is-not-customer-centric-recreate-the-marketing-agency-model#customercentric">customer-centric marketing</a> program development.</p>
<p><strong>Entrepreneurs Capitalize Instead</strong></p>
<p>But there are some companies that run ahead of the pack and capitalize on brand markets. These entrepreneurs create free consumer value, then invite brands into the party at a cost. A couple of examples:</p>
<ul>
<li><a href="http://www.Mint.com">Mint.com</a>: The banking industry tanks and bleeds brand equity while Mint use continues gaining credibility. Mint seizes the opportunity to leverage massive amounts of very personal consumer data by selling hyper-qualified advertising to banks and other financial services companies.</li>
<li><a href="http://www.apple.com/itunes/">iTunes</a>, <a href="http://www.pandora.com">Pandora</a>, <a href="http://www.Spotify.com">Spotify</a>: Record companies keep kicking and screaming with each evolution of iTunes. But they continue giving away opportunities to own the next evolution.</li>
<li><a href="http://www.Groupon.com">Groupon</a>: Small Business Associations, even <a href="http://www.sba.gov/">SBA</a>, could have owned this and sky-rocketed the value of their entire organization.</li>
<li><a href="http://www.Evernote.com">Evernote</a>: Where was <a href="http://www.post-it.com/wps/portal/3M/en_US/Post_It/Global/">Post It</a> on this? Or are they really just selling paper?</li>
</ul>
<p>This is easy for brands, but there&#8217;s a significant opportunity cost being late to the party. The entrepreneurs own the consumer data, access points, and relationships. Brands gain&#8230;advertising channels.</p>
<p><strong><span style="text-decoration: underline;">Check mate? Or are more brands going to stand up and own their markets?</span></strong></p>
<hr />
<p>Ready to engage in conversations like this before they&#8217;re sent to the masses?<br />
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