Is your brand trying hard to tell people what they want to hear? Or are you speaking the truth as it resonates with your brand’s core reason for being?
Well, market research isn’t always a good idea.
Marketing speak about “target audience this” and “target audience that” often rubs me the wrong way. Knowing your audience seems intuitively important and whenever you hear a marketing guru talk about its importance, everyone just nods their heads in unison agreement.
Investing in marketing research is rarely questioned and by default met with guttural noises of uninhibited support — and the occasional slow clap, even. You can never get fired for assigning a hefty budget to market research, right?
No-one likes a subservient eye-servant
Think about it for a second: Are you able to tell when someone is just saying whatever you want to hear? While it can be comforting to hear that your ass looks fine in those jeans, when it comes to corporate communication, we appreciate brands speaking with authenticity, authority, and integrity. It’s better if brands speak their truth in their own voice; then we’ll decide what brands to align ourselves with.
It’s painful to see so many brands invest heavily first in marketing research to know more about a specific target audience and then trying to speak with them in a meaningful way. Apart from being a colossal waste of money, fakeness inevitably sounds… fake.
If you must pay numerous “hip” agencies stupendous recurring fees to sound youthful, your target audience will smell such “fakeness” from a mile away. If your brand is dependant on a certain demographic, but are unable to speak with them easily, then it isn’t a problem with communication. It’s a problem with the corporate culture.
How market research will backfire on you
If you didn’t know this already: It’s entirely possible for a brand to have the wrong customer base. This is true for social media as well; many brands aren’t able to get the traction they think that they deserve because they, sometimes over a long period of time, have acquired the wrong type of followers.
Whatever you learn from researching such an audience, any subsequent communication strategy will only amplify the problems. The more successful the strategy, the worse the outcomes.
What if you would learn what your brand wants to say and how to say this in a way that is honest and rings true to what the company is all about — without relying all too much on market research. Hence, knowing your brand is more valuable. With this somewhat contrarian approach, the brand will attract the an audience who’s basing their loyalties on the brand’s true identity.
Know your brand first, know your audience second
Steve Jobs was many things and amongst his many legacies is a wealth of bite-sized business wisdom:
“Some people say give the customers what they want, but that’s not my approach. Our job is to figure out what they’re going to want before they do. I think Henry Ford once said, ‘If I’d ask customers what they wanted, they would’ve told me a faster horse.’ People don’t know what they want until you show it to them. That’s why I never rely on market research. Our task is to read things that are not yet on the page.”
Now please, I’m not using this quote to drive home the point that no market research is ever needed. Market research is valuable. It’s important to continuously put yourself in your customer’s shoes. What I’m saying, and what I think that Jobs is saying, is that market research is a tool best used by companies who already understand what their vision and purpose is.
Know your brand first. This will give you an audience that no market research in the world will be able to give you.