Most people are overwhelmed
with information and have stopped paying attention to
advertisements or media messages. Seth Godin proposes a new
focus for companies faced with apathetic customers: stop
advertising and start innovating. Playing on the famous
marketing “P”s, Godin proposes a new “P” (Purple cow) to add
to the old familiar product, pricing, positioning, promotion
and place.
Purple cow refers to a product or service that is different
from the rest and therefore worth noticing. Using the method
of Remarkable Marketing will provide you with that extra and
indefinable characteristic that encourages potential customers
to notice you. People who might buy your product first have to
hear about it, then they have to want it, and they have to
have the money to buy it. In general, people are too busy or
just uninterested in hearing about new products. Combining
these with people’s low tolerance for new and potentially
unwanted information creates a challenging obstacle to
marketing your product or service.
Television, magazines and newspapers no longer provide the
guaranteed attention and subsequent sales that they previously
did. The new rule in marketing is to create remarkable
products that the right people seek out. Specific
marketing tactics include:
· Ideas that spread,
win. Like viruses, ideas must spread in order to
survive. To create an idea that spreads, target a niche
rather than “everybody”. People in the niche will become
“infected” with your ideavirus and “sneeze” it at others,
potentially even bursting into the mainstream market.
· Advertise at the
right time. Make sure your advertising is targeted
to “sneezers” who also have influence with other people.
Their enthusiasm will be your key marketing tool to spread
news of your product or service.
· Show no
fear. Most people resist creating Purple Cows
because they are afraid. This fear shows up in many excuses
about the product, the market, or the industry.
Fundamentally, people are afraid to try. However, since
everyone is afraid, there is less competition and it is much
easier to create a relatively remarkable product. “It is
just common sense that if successful new products are the
ones that stand out, and most people don’t want to stand
out, you’ve got a great opportunity.”
The magic cycle of the cow.
Once you’ve
created a purple cow, follow the magic cycle to manage your
profits:
1. Get permission from people
you have already impressed to alert them about a new purple
cow.
2. Work with sneezers so that
your idea reaches a wider audience.
3. Once you’ve
moved from remarkable product to profitable business, let a
different team take over.
4. Reinvest and launch a new
purple cow to the same audience.
Using the Purple Cow technique means that marketing is no
longer the end player in the process of product creation. In a
world where just about anything we need is available and
satisfying, only purple cows will stand out.
Tips for creating purple cows:
· Think
small. Overwhelm a small market with your
remarkable product.
· Outsource.
If your own organization won’t entertain a purple cow, get
someone else to do it.
· Build and use
permission assets. Talk to your loyal customers.
They will tell you whether your cow is purple or
not.
· Copy from
everywhere, not just your own industry. Look for
remarkable innovations anywhere and fit them to your
situation.
· Identify a
competitor who’s at the edges and outdo them.
Whatever they are known for, do it better.
· Ask, “why
not?”. Overcome your fear of trying something new
or more purple than you’re used to.
Adopting Purple Cow marketing will ensure your product
stands out from the huge variety and selection available in
the market today. According to Godin, “you don’t have to like
it; you don’t have to be a new-product guru; you just have to
realize that nothing else is working”.