The Triumph Of The Niche

Ubiquity

Running late between clients last week, I ducked into a fast food franchise, more to use the restroom than for any desire for food, honestly. Acting on my sense of personal integrity over actual hunger, I ordered a small burger from my childhood, rather than use the facilities without being a patron, and consumed it without too much thought.

It tasted like, well, what it has always tasted like; more cheese than beef, more bread than both, with the ketchup and pickles and dried onion overpowering any of that. In a half dozen bites and a couple of minutes it was gone, and the best that I have to say about it is that it didn't seem to do any real damage later (if you catch my unseemly drift), it was cheap, and I didn't regret the choice.

Doesn't sound like much of a business model, does it?

I don't mean to deman an American colossus, honestly. I'm far from the target demographic for any quick service restaurant, I'm not influencing the choices of others, and I don't patronize either this business, or its competitors, very often. They know their business far better than I do, or ever will. But I do know this...

From what I read in my monitoring of newsletters, they aren't in the growth area of the market. That's for niche quality players with names that have only cropped up in the last decade or so. Those players also make food that translates to social media imagery much, much better than what I've just posted above. (By the way, side note about food porn? It describes much of what we refer to as classical art from past centuries; the fact that lots of people photogragh their food probably says more about how imaging is now ubiquitous, rather than anything about the person doing the photographing. But let's get back to the burger.)

The merits of the mass market burger are obvious. Economics, consistency, speed. You can order one from just about any location, anywhere, and get pretty much the same thing...

But does any of that sound like something you can put in an ad?

The same phenomenon -- tried and true business model, supplemented by a more esoterically appealing niche play -- goes beyond burgers. Consider the recent change in market conditions for such staples as the circus, the hundreds of streaming programming options fracturing the collective consciousness, and in all likelihood, your very favorite comedian, musician, writer and so on.

And, more darkly, possibly your religious or political beliefs.

Continuing the thread into still more negative tones, and you might be led to believe that we are ungovernable, not really a nation so much as a collection of strangers, that we all need everything our own way. That cities are unlike suburbs, suburbs unlike rural, with nothing to stitch us together again.

Or, more positively, that we are no longer willing to settle for comfort, that the system of capitalism and innovation is working to provide more options and improve lives and experiences, and that your story about this depends on, well, you.

Who is, of course, the ultimate in niche audiences.

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Feel free to comment, as well as like or share this column, connect with me on LinkedIn, or email me at davidlmountain at gmail dot com, or hit the RFP boxes at top right. RFPs are always free, and we hope to hear from you soon.

Math Vs Snow

Market Opportunity

My local area had a late season snow storm recently, which did what it always does to cash-strapped towns; crippled them for days until the snow more or less went away on its own, because there are too many side streets, untended sidewalks and poor drainage areas, and not enough human bandwidth and money to clear it all away. Even when the main roads are clear, the side roads aren't, which makes all traffic slower, and yeah, I miss living in California, where you get to visit the snow at altitude, like elephants at a zoo. But let's move on.

What leads this into a marketing and advertising discussion is what happened next. Residents who normally walk or ride bicycles requested transport from ride sharing apps. So did those who were unwilling or unable to free their car from the ice and drifts. Many people who drive for these services chose not to, because driving in snow is dangerous and slow. And the apps did what they always do; adjusted on price to match the change in market conditions.

Which meant spikes in price of up to 600%. Leading to a subsequent hue and outcry in print and social media and among some consumers, and the usual shrugging non-apologies from the ride sharing companies themselves.

Now, it's possible that this is all just growing pains for a market that, for all of the exploding market cap and countless PR and cultural mentions, is still relatively new to much of the country and market base. It's also likely that spikes like this will ease in the future, especially if the ride sharing companies are able to convince more people to drive for them. But what struck me in reading the coverage, and which isn't a given because we're dealing with humans, is how quickly narrative was attached to algorithms.

Some consumers talked about the greed of the companies. Others railed against those who complained as looking for some kind of government handout, or unworthy of using the service because they weren't smart or hard working enough to afford it. Still others stood up for existing cab services, with an equal or better number stating that the status quo created the competition through past abuses. You could find still more voices defending bus service, or tele-commuting, or the need for more flexibility in scheduling from schools or employers, and so on, and so on.

What few seemed to do, at least publicly, was to note that the system worked exactly as a free market intended, with a resource getting real-time pricing in a de facto auction environment. Or that now that this toothpaste is out of the tube, it's never going back in.

Ride sharing apps aren't alone in having a narrative spring into existence from data, of course. Every A/B test with a significant deviation from the median creates an opportunity for a story, and so does interactions with a client who is resistant to change, or extremely demanding about small matters.

That's because in a universe that boils down to two kinds of events (facts, and the stories that we tell about these facts)... we treat our stories as factual, and always will.

Even when it's just math.

Keeping this in mind might help you keep your sanity the next time you have a difficult client, feel tempted to overstate the findings from a test, or find yourself irritated about the speed of a cycle, or any number of outcomes, really.

But if you are standing in snow, waiting for a ride that costs six times what it might have cost a day ago?

You're likely to tell a story about it.

Probably not a very nice one, either.

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Feel free to comment, as well as like or share this column, connect with me on LinkedIn, or email me at davidlmountain at gmail dot com, or hit the RFP boxes at top right. RFPs are always free, and we hope to hear from you soon.

Tips For Young Marketers

Like This But Not

I met a college senior this week who was just finishing up her marketing degree, and she asked me what advice I might have for someone who is just starting in the field. (You have to love when new folks actually *ask* you to pontificate, honestly.) So here's what I know now, that I wish I knew then...

1) Your network is everything -- even if you stay at the same place.

Everyone in marketing knows, on some level, that job security is a poor joke at best... but when you get into the day to day of a gig, it's easy to forget that, especially if management lulls you into a false sense of security. Even if you are blessed enough to stay with the same employer for a good and profitable arc, your peer group probably won't be, so don't shirk on that work. LinkedIn, Facebook, face to face; you put yourself at risk when you don't do it.

2) Be ruthless about the work that you do.

I've known any number of pros who don't particularly enjoy coding, analytics, traffic management, legal compliance, crafting PR releases or working phones to drum up coverage, but do it anyway, because, well, someone had to. The trouble with that kind of team spirit is that it's real easy to have it define you, and for many years of your working life to be something that you don't really enjoy... and when you do work that you don't enjoy, that's a very good way to have your career go sideways.

3) First reads can be very, very wrong.

Especially at the start of your career, you can feel that some of your colleagues aren't going to continue in the field, and that you might not need to give them your best service or time. The trouble with that mindset is that people will change dramatically over the course of a career, and even if they don't actually get much better at what they do... well, to be blunt about it, good fortune at meeting people with life-changing money can overwhelm, at least in the short term. so just give everyone your best, because...

4) You don't know who is watching you.

I've had job opportunities come up from people who, to be blunt, remembered me better than I remembered them... and lobbied for me accordingly. So resist the temptation to go for office gossip and/or talking about someone behind their back, because that kind of thing also resonates.

5) Keep your eyes open for dying channels... and clients, and categories.

When I went to college, there was nothing that I wanted more than to work for a daily newspaper. The day-in day-out of having to make deadline, the job security of my heroes who were synonymous with their papers, the quasi-celebrity nature of being recognized for your byline... all of that was what I wanted, even if the salaries weren't good. Lucky for me in the long term, if not the short, was that my graduation coincided with a recession that was pre-Web, which has been, of course, replicated by many subsequent downturns. But by then, I was well clear of the field, having pivoted to marketing.

During my career, I've seen Flash ads go from dominant to non-existent, throwing any number of coding and design pros into fever states to learn the next new thing. Something similar may be happening to SEO, given that much of the field seems to be something you can do with automation. DRTV might have serious problems if and when programmatic goes offline, and print ads in many consumer categories are also, at best, stasis.

Your loyalties, as a marketer, need to be to what works to solve the problem, not what's in your personal comfort zone. Making sure you aren't continuing to sell horseshoes while cars make in-roads isn't exactly a new career challenge, but with tech's growing influence, it's also one that comes with far greater speed.

6) School is eternal, and everything changes.

Getting a degree from a quality institution, and the connections that you make with your classmates and teachers, is merely the first step in a lifelong education. What's really happening there is that you are learning how to learn, and how to question what you are being taught. (And oh, by the way? Asking questions of senior marketers, rather than thinking that just because someone didn't grow up with an iPhone on their pocket, they can't really understand the way the world works now? A good way to continue your education.)

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Feel free to comment, as well as like or share this column, connect with me on LinkedIn, or email me at davidlmountain at gmail dot com, or hit the RFP boxes at top right. RFPs are always free, and we hope to hear from you soon.