The Little Book of Marketing Thought
Introduction
Everyone knows the 4 P’s of the Marketing Mix (Product, Place, Price and Promotion) and most are aware of the 7 P’s too (the same 4 with People, Processes and Physical added)—and almost all will agree that this extended mix covers virtually all the bases of marketing (Professional Academy, 2016). Yet Schewe and Hiam (1998) identify another critical tool that marketers can use that is not identified in the traditional marketing mix or in the extended marketing mix: this tool is called Imagination. Imagination is such a “vital tool” that Schewe and Hiam (1998) describe it as the one tool “that gives the marketer the power to use the other tools effectively” (p. 32). In other words, if Imagination is lacking, the tools to market effectively will be useless: they will dangle in one’s tool belt or be wielded by individuals who do not know how to use them appropriately. Imagination allows one to think outside the box—to see new approaches to getting the point across, which is ultimately the whole point of marketing. You’re job is to get your product to the consumer. If you’re not thinking outside the box, you’re stuck inside the box—and in the box, the consumer already has everything he needs. To get the consumer to see that he also needs your product, you have to climb out of the confines—i.e., the current order of things, in which other producers have a market and have consumers—and show consumers what they are missing by not consuming your product. It takes Imagination to make yourself that visible, just like it takes Imagination to be able to see a house in your mind (how it should look, function, be put together) before any groundwork is laid at all. Imagination sets everything in motion. Of course, the tools and skills have to be there—and that is where the marketing mix comes into play. But Imagination is required to get the engine running. This paper will show how Imagination plays a crucial role in bringing the core concepts of marketing together for an effective strategy.
Imagination
As is noted in Murray’s (2006) Marketing Gurus, Trout and Rivkin (2006) say the marketer must “differentiate or die” (p. 2). Differentiation is dependent upon the ability to be different, to think differently, to see differently, to envision that which others are not envisioning, and to identify a path towards achieving that vision. In short, differentiation—and survival, in a world of “killer competition” as Trout and Rivkin (2006, p. 2) put it—depends on Imagination. Because the “tyranny of choice” has virtually arrested every consumer and overwhelmed him with an unending stream of possibilities, the list of options is a major obstacle for anyone trying to put a product into the marketplace. Chances are that product is already available and is already doing everything it can to obtain the consumer’s attention. It is like having a room full of school children clamoring for the teacher’s attention all at the same time. Which student is the teacher most likely to notice? The one doing something different from what all the others are doing. That student may be sitting still, calmly and politely waiting for the teacher’s next move. Or that student may be opening the window and climbing out. Either way, that student will be noticed because he is doing what no one else is—he is differentiating himself—and it takes Imagination to do that.
Consider how Bill Watterson’s Calvin in the comic strip Calvin & Hobbes used to use his imagination to make himself into a crime fighter, a space explorer, a pilot, a scientist, a time traveler, a dinosaur, and so on. Calvin had Imagination in spades. He stood out from all the other school children. Indeed, he stood out from all the other comic strips of his time: none matched Calvin in terms of sheer brilliance of Imagination. Calvin’s only problem was harnessing that Imagination and applying it towards something productive. The marketer should be like Calvin in terms of Imagination, but he should be like Hobbes in terms of application. Hobbes was Calvin’s counter-part: the cerebral, thoughtful, philosophical, practical, and rational second half of the dynamic duo. Hobbes stayed grounded where Calvin rose in the air after his dream. Left alone, neither was of much use to anyone. Together, they dominated their era and made lifelong fans of their following. Together...
References
Cialdini, R. (2006). Influence: The psychology of perception. NY: Harper Business.
Murray, C. (2006). The Marketing Gurus. NY: Penguin.
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