Showing posts with label 5 Ws. Show all posts
Showing posts with label 5 Ws. Show all posts

Marketing & the 5 W's: a framework for marketing innovation

In my prior post I introduced the wonders of the 5 W's, and how you could benefit from utilizing this foundation of journalism in your efforts to innovate & develop potent marketing strategies. In this post I provide a peak into one of several dozen 5W's frameworks you can use to turbo-charge your marketing efforts.

5 W's Consumer Journey Framework
This framework provides you with a powerful tool for generating a rich inventory of ideas & insights with respect to the customer journey for your product or service.


(click to download as PDF)

Using the tool couldn't be more straightforward:

1. Create a matrix like the one above, comprised of two dimensions - the 5W's dimension and the consumer journey dimension.

2. Take each customer journey dimension (e.g., demand, search, purchase, etc.) through each of the 5W's, one at a time. Note that some of the Ws will be less relevant to some of the journey dimensions. Despite this, always push yourself to generate insights - 9 times out 10 they exist but just require a little extra brain juice. Within each journey/W box, write as many ideas & thoughts that come to mind.

3. Redo the exercise a few days later and see what additional tho
ughts you are able to generate. Allowing a little incubation time for your thoughts rarely fails to deliver some powerful new ideas.

4. Now, with your fully blown-out matrix in-front of you, ask yourself some of the following questions:

  • What new channels might I want to explore for increasing product awareness, improving the product search, selling, & servicing ?
  • What new consumer needs are likely generated at various points along the consumer journey and how might I benefit from them?
  • What complementary products or services might I want to offer or bundle with my product at various stages along the customer journey or to specific customer segments?
  • What new partnerships might we want to explore to provide greater total value to our customers at various points along the customer journey?
  • What marcom approaches might we want to test or use with certain customer segments, within certain contexts, or at different stages along the consumer journey?
  • What new products or features might I want to offer to meet the needs of certain customer segments within certain contexts and during specific stages of the customer journey?
  • What ways can I improve & influence the search & decision-making process for customers / specific customer segments?
  • What ways can I can improve the {purchase & payment, delivery & installation, usage & maintenance, disposal, repurchase & renewal} experience for customers / specific customer segments?

Use the tool & share your experience
So I'd like to ask each of you to try the tool out on a product or service that you currently sell or manage. After you have run through the tool and the battery of follow-up questions for improving your business, let me know what insights or ideas you were able to generate - I would love to hear about them, and have you share them with the rest of our marketing community.

And of course, please let me know if you have any questions along the way - I am more than happy to answer them.

Have fun, and I'm looking forward to hearing about the innovative ideas & insights you come up with!

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Related posts

    Marketing & the 5 W's: why every marketer should take a journalism class

    Journalism 101. Who, what, when, where, why, how?... these key dimensions that are the marketing and journalismfoundation of journalism can also be used to design great marketing & segmentation strategies, and to turbo-charge your innovation efforts.

    The 5 W's as they have been dubbed, can serve as a powerful tool for gaining deep insight into the contextual nature surrounding the need for and use of your product. I like to think of the 5W's as the marketing equivalent of an industrial-grade power shovel, allowing you to "dig deep" so you can get to those precious consumer gems that lay beneath your feet.

    Context is king
    Powering the 5W's is the essential notion that everything that we do is embedded in a context, and the better you, the marketer, understand the different contexts in which the need for/use of your product occurs, the better equipped you will be to develop marketing strategies or innovations that truly pop!

    How do I use the 5 W's?
    The simplest way to begin using the 5W's is to start with the most basic question and loop it through each W:

    • {When/Where/Why/How/For whom} might the need for my product arise?
    Spend at least 5-10 minutes on each W, making a list along the way. Allow your thoughts to percolate; don't be afraid to make assumptions - you can always validate them in the future. Do the exercise again a day or two later - often the most insightful thoughts will come after a period of incubation.

    As you begin to use the 5W's, one thing that will become clear to you is that one or two of the Ws will often be more relevant to your product than others. You'll also notice that the Ws will frequently interact with each other in meaningful ways, and that you'll often want to drill down on a given insight using "follow-up" Ws. Note these interactions and drill-downs and allow them to generate further insight into the contextual nature of demand for your product. Often the deepest insights lay in these pockets.

    Gatorade: a brief example of the 5 W's in action5W's marketing strategy innovation gatorade example
    Let's take Gatorade, that cold, refreshing beverage that most of us have purchased at some point in our lives. Reaching into our magic hat of W's, we come up with "Where?", leading us to ask, "Where might the need for Gatorade arise?"

    Given that Gatorade is 'the ultimate thirst quencher', I begin to think of places where the need for thirst-quenching is likely to arise. A few examples that come to mind include basketball courts, hot climates (e.g., Phoenix, The Mojave Desert), marathons, and the Dead Sea.

    Let's reach into the hat again... this time I pull out "When?", leading us to ask, "When might the need for Gatorade (thirst-quenching) arise?" Some initial thoughts that come to mind include summertime, playing sports, during a long hike, the morning following a night of drinking, a few hours after eating extremely salty food, and last but certainly not least, during a prolonged bout of diarrhea.

    Let's now drill down on one of the "When's" - during a prolonged bout of diarrhea - and ask, "Where might such bouts occur?" One thought that comes to mind is certain poor villages around the globe where outbreaks occur regularly. Gatorade could be used in such places to quickly rehydrate people, especially children, who can die from the dehydration caused by the outbreak. Needless to say the potential benefits to Gatorade, the Gatorade brand, and the people of such villages would be numerous.

    5 W's Recap
    How to use the 5W's for developing marketing strategies & for business innovation likely merits an entire book; perhaps we'll put one together in the near future. Hopefully in this post I've given you a little taste of how one of the bedrocks of journalism can also serve as a potent tool for marketers & innovators alike. Much more to come.




    More posts on the 5 W's:




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