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Top 25 Takeaways
 

Here are 25 of the top insights from the Masters of Marketing, held November 5-8, in Phoenix:

1. The role of marketing is to solve customers’ needs. Deliver the value that they seek, and your business will be justly rewarded.

2. Marketing is critically important. Done right, it can change lives and change the world.

3. The future is about who you serve and what she hires you to do. Stand for something truly good in people’s lives.

4. The brand reflects your business. It starts with a deep understanding of what your company stands for, why it exists.

5. The essence of your company becomes the essence of your brand. Remaining true to your essence is the way a brand is managed.

6. As your business grows, being nimble and fast to market is critical. Focus not only on delivering the fundamentals of the business, but on the customer.

7. Focus on who you are; don’t get distracted. We’re all about progress. Work on becoming a great company, which will result in being a great brand.

8. Brands are earned customer to customer, product by product. You don’t buy it, you earn it.

9. Every campaign has to be targeted at the local level, and that means by person. Stop thinking about a small campaign, think about a campaign of scale. You want to be more ambitious because the scale allows it.

10. In tough times, find your company’s purpose and activate it. Stay close to your customers, and don’t underestimate the fundamentals.

11. Deliver consistency at every possible connection point. Be fundamentally true to who you are.

12. Although the consumer is in control, don’t be passive about your brand.

13. Forge relationships with the right people in your organization, and understand the hot-button issues. Be the voice of the consumer.

14. Make marketing indispensible to the growth of the company.

15. The closer you get to the P&L, the better positioned you will be to make long-term investments.

16. Think beyond advertising. Understand what drives demand and differentiation.

17. To be known as an innovator, you must have the courage to stand up to new ideas. Be the voice of the customer inside the business.

18. Lead with insights. Be proactive and think differently about the way you go about business.

19. Take your understanding of consumers, build a big, bold idea, and have the courage to sell it.

20. Figure out who your most loyal customers are, and be just as loyal to them.

21. Be famous for benefit-drive innovation, either as a team or as an individual. Recognize and applaud those who drive innovation in your company. Those are the people to cherish.

22. Your HR director is your true marketing director.

23. It’s impossible to manage your brand consistently in a social networking environment. Don’t try to manage the consistency of your message, focus on managing its coherence.

24. Build trust for your brand through transparency. Say what you mean to do, do what you mean to say.

25. To change your company’s culture, change the procedures that define it.

 

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