Thursday, January 24, 2008

A Little Change Never Hurt Anyone

Creativity in the market place today isn’t something that can necessarily be taught. It is a concept that has to be fostered, nurtured and developed in the work environment. What do people want? Especially among the newer, younger generations, innovation is what they want. Today, innovation is the one of the prime tools necessary to succeed in the marketing world. With a new generation upon us, change is inherently going to occur. This change can range from politics to music and from technology to religion. With all of these changes that will come about, thinking outside of the box is more important than ever before. The perception of reality for consumers varies greatly depending on many factors, whether it is their beliefs, morals, interests, hobbies, and even eating habits. These “realities” can make or a break a company, even an established corporation. We’ve seen company after company have a decline in sales just because the appeal for their products has dwindled. Still, many of these companies stick with the same plan but don’t get the results they want. Just pumping more money into your product development or promotions budget will not fix that problem. What is more important is how the money is used, not how much is used. Paying attention to the changes in trends of these “perceptions of reality” could help. Anyways, the consumer is supposed to be the most important client.

Companies like Apple are not afraid to make a statement in society, even if it is different and not something that maybe considered “normal” for the company. “Normal” is only a state-of-mind and can shift easily. The employee that has a radical idea isn't to be ignored, but carefully taken into consideration. Although failure isn’t a high priority on anyone’s list, it isn’t something to be afraid of. With all of the marketing research that companies do to figure out their target markets, it is safe to say that there is a market for anything and everything. Whatever the new idea for a product or promotion is, a group of people will take to it. Sometimes it just takes someone to break the ice.

For many firms, going against the grain is not their forte. Their strategies have been tried and tested, and have been successful for a good while. But as Robert Sutton stated in The Weird Rules of Creativity, “Take your past successes and forget them.” You are only as good as your last win, right? The best way to further the advancement of company innovation is to be proactive about the situation. Even when you have a successful idea, why wait until that idea loses its momentum to create a new one? It is important to efficiently maintain successful innovations and ideas as they are created, but why not keep the creative juices flowing in the background for future product promotions? You never know what could cause a major shift in the market. To be on the frontline of change could transform your company for years to come.

1 comment:

Paul Dwyer said...

This is a good first blog post. You express a lot of passion for your subject and emotion is often contagious.

This post covers a lot of ground. Going forward, focus on one problem, make a few recommendations and suggest ways of executing the recommendation. For example, when you recommend paying attention to changes in trends: How would such trends be detected? How would one know when the trend has changed enough to demand a response? Illustrate with an example from the real world and a company you think did it right or failed spectacularly. Say why you see it as success or failure.