DECEMBER 20229When deciding on what strategies will impact sales, we leverage data. Data helps my team decide on strategy at the VP-level to the Director-level to the Manager-level.Here's an example: I'm evaluating our customer retention rate and our cost per customer acquisition, as they relate to our overall sales trends. I notice that cost per customer acquisition is low (a positive), but when our customer retention rate is low (a negative), our sales drop. I set a goal for my team to increase customer retention by 10% and allocate budget towards customer retention. In essence, I'm connecting "sales" with "customer retention". Our Director of Digital Marketing then looks at his team and decides where he wants to allocate that spend amongst the different platforms. He connects "customer retention" with "platform ROI". The Manager of that Platform works to drive the highest return on that platform. Highest return can vary depending on the platform, but her job is to innovate, run A/B tests on creative and copy, and evaluate the data. She connects "platform ROI" with that platform's "performance metrics"At the end of the period, if we accomplish our goal but it's not impacting sales, we pivot and identify another solution. Being data-driven helps us focus and prioritize. Most importantly, it allows the managers and directors of my team to see their impact on the business. Tip 3: I talked a lot about being results-oriented and data-driven, as important factors to impacting the company's success. To be a game changing marketer, I believe in the mindset of continuously finding a "blue ocean strategy". In their book, Kim and Mauborgne defined the Blue Ocean Strategy as "the simultaneous pursuit of differentiation and low cost to open up a new market space and create new demand. It is about creating and capturing uncontested market space, thereby making the competition irrelevant."When marketing Crumbl to the world, we look at capturing market share and creating market share. We have spent our early years capturing our target audience and being the nation's preferred cookie company. There's still lots to be done on that front, but we also look to be disrupters in the restaurant space. When trying to find that blue ocean, we had to keep the company's mission statement at the forefront. If our mission is to bring friends & family together over a box of the best cookies in the world, where are the moments that people are together?Whether it was watching with my dad as a little girl in Houston, playing volleyball with my friends in Chicago everyday, planning annual trips to Pats games nationwide, using sports as an icebreaker topic with new friends...sports connected me with my friends & family.When looking at a typical game-day spread, you have the chips, the pizzas, the wings, the drinks... where's the dessert? Crumbl represents coming together and enjoying a box of the best cookies in the world, and sports is where we can create market share. With our partners at The Scratch Collective, we launched our first national broadcast campaign "Let's Get Ready Crumbl" with hall-of-fame boxing ring announcer, Michael Buffer, in mid October.Whether there's an intense rivalry, an overly competitive rec league basketball game, or a fun watch party, "Let's Get Ready to Crumbl" is about coming together and enjoying a box of the best cookies in the world. These are my three unconventional tips on marketing leadership. The simultaneous pursuit of differentiation and low cost to open up a new market space and create new demand. It is about creating and capturing uncontested market space, thereby making the competition irrelevant
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