Click here to read the first post in my series on building a business education through MOOCs.
I'm no stranger to marketing trends. I'm a voracious reader of Fast Company and the Harvard Business Review, and I closely follow the social media presence of innovative brands like Warby Parker and Everlane.
In my own job, I also use marketing principles -- overseeing design and branding for big conferences, crafting social media messages, and selling our success to donors.
However, I've never enrolled in a formal marketing class, and I've been hesitant to describe my skills with that term. Because honestly, the term "marketing" has been a little shrouded in mystery to me -- isn't it a field of slick "Mad Men"-types bent on selling me overpriced juice and yoga gear?
So, two big thumbs up for Wharton's four-week Introduction to Marketing on Coursera! It did a great job of outlining the basic concepts, and I've come to understand that I would greatly enjoy a career focused on marketing, especially for a socially responsible, "double bottom line"-style company.
The course was divided into four modules:
1. Branding: Marketing Strategy and Brand Positioning 2. Customer Centricity: The Limits of Product-Centric Thinking 3. Online-Offline Interaction & How to Find Lead Users and Facilitate Influence and Contagion 4. Branding: Effective Brand Communications Strategies and Repositioning Strategies
While much of the material focused on product-based companies (rather than non-profits or development agencies), a few lessons struck me as universally applicable:
Develop a mantra that defines your brand in 30 seconds or less. Simplify, inspire, and be consistent.
Typical Development Agency Message:
"We engage in ex-ante recovery planning and leverage and inform medium- to long-term recovery and reconstruction projects."
Better Development Agency Message:
"We help governments prepare for disasters before they strike so they can break the cycles of poverty and impaired development.”
I notice a tendency within the development world to use the most complicated terminology possible -- are we hiding behind jargon? Not confident in letting the results speak for themselves? Whatever the reason, it's time to think more like the private sector and develop clear, informative messages about the "products" we deliver -- poverty eradication and environmental sustainability.
(Of course, there are also non-profits that are all fluff and no substance. Messages must always be backed with data and results!)
Referrals and Brand Ambassadors
More and more, I see companies on Instagram partnering with local "brand ambassadors." And it works -- I'll see a stylish D.C. resident photograph a new coffee shop, and inevitably, I'll head there myself that week.
The connection to global development is more tenuous here. But it does make me re-think our social media approach. Is it worthwhile to tweet your latest publication at the hundreds of other development agencies that make up your followers list? Or should you instead target a few influential individuals -- respected politicians, journalists, or representatives of countries you serve -- who can share your success stories with different and larger audiences?
In other words, who are the most influential figures in your community? Can they generate referrals? And how do you make social media less like a lecture to an empty room and more like an engaged conversation? Sometimes I suspect the social media presence of D.C. think tanks and development agencies is exclusively made up of interns tweeting at each other...
Now that I have the theories, I plan to dive deeper into digital marketing analytics. Coursera will be offering several relevant courses in the next couple of months, starting with Digital Analytics for Marketing Professionals.