May 15, 2009
I’m sitting in my Starbucks office, with a globe & mail real estate section. Hmm… memories of Great Gulf. Positive memories.
Having worked as a marketing director in the home building industry, I see so many opportunities for the game changing marketing.
The home building industry feels like the last bastion of old style marketing & communications [and I'm not bashing my former employer here - they were very gracious with my change agent ideas]. In an industry where the majority of ad spending focused on print advertising, websites are merely extensions of phone numbers. E-mail marketing are mailed pdfs. Sales agents want to phone prospects and some DON’T EVEN HAVE EMAIL ACCESS. [i swear].
True, many Canadian home builder sites have added detailed maps and migrated the silly user registration forms online [i can't believe marketing spend is influenced by these forms] but how many are really mining customer information better yet conversation to change the game?
Anyone in the low-rise industry might look at high-rise marketing for inspiration – high rise commands more marketing dollars, flashly campaigns and original creative. But who actually uses social media to create a lasting impression with customers?
I introduced corporate blogging with my past employer (and did – first in low-rise -thank you very much). But I left on mat leave before it really attained the vision that I had for it.
One blog that I always liked was Riverfront in Denver. I spent a lot of time in Denver, visiting tons of condo presentation centres, analyzing websites, etc and Riverfront was very interesting. The writing style is informal. Still lots of opportunity. In Toronto, M5V’s blog is commendable – they are showing comments including the age old – ‘when will construction start’.
Blogging for sharing more marketing information e.g. (*&)(*& press releases – is not revolutionary. The real opportunity is in satisfying customers along the entire customer experience. Not just prospects but buyers. Ah.. I have so many ideas.
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Blogging, Innovation, housing / home building, web 2.0 | Tagged: corporate blogging, home building, home building 2.0, real estate |
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Posted by Laurie Dillon Schalk
June 3, 2006
I attended my U of Toronto MBA alumnus life long learning day today. Its free to alumni and they bring in speakers from Yale, Harvard Business Review, University of Sussex, etc. All day was spent on fostering creativity. Here's a recap of the best lecture – one by the Dean of the Rotman School at University of Toronto – Roger Martin:
- Businesses are experiencing commoditization of goods, slowing d'd – and the need for innovation and creativity has increased. So how to foster?
- To create a conducive enviro – must recognize the fundamental tension between 'reliability' and 'validity'.
- Reliability is the mindset to produce consistent, replicable outcomes. Substantiate based on past events, to minimize judgement, to avoid the possibility of bias.
- Validity is the mindset/practice of producing outcomes that meet the objective, that substantiation is based on future events (an entrepreneur says I have an idea about a new widget for the future), it integrates judgement (I know it will work), and acknowledges bias.
- Yet, common processes in an organization favour reliability. e.g. "prove-it" response to an innovative idea – prevents validity from occuring. Validity can only be proven based on future events.
- need for both – though two forces tend to dislike each other.
- Reliability processes are taking over accidentily and may be stifling creativity. Examples given are CRM vs. customer intimacy, Incentive/Comp instead of job meaning, shareholder value max instead of corporate social responsibility.
- So if you want creativity – recognize a need to balance both and create a context for validity to exist.
- Finally – creative must feel like a valued member of the community. Recognize that 'abductive' logic (the logic of what might be – future based) does exist., create a design shop environment but not overlay traditional infrastructure.
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Innovation |
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Posted by Laurie Dillon Schalk