Summary of MicroMarketing

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Not too long ago, those with the biggest advertising budget wielded the most influence and won the market. Today, the Internet, social media and mobile platforms have usurped the power of mainstream media. Those who use these vehicles most effectively have the clout. Greg Verdino lays out the best way to market in the evolving social, mobile landscape via a combination of small, targeted and interactive activities that garner notice and nurture relationships. Verdino outlines seven micromarketing principles and supports them with rich, topical case studies. His final chapter includes a questionnaire to help you apply his tactics to your business. getAbstract recommends starting your new advertising resource library with this relevant, applicable text.

About the Author

Greg Verdino is vice president of Strategy and Solutions, and he blogs about marketing.

 

Summary

Why “Micromarketing”?

The “think big, act big, spend big” marketing philosophy no longer works because mass marketing no longer works. Today, 140-character tweets have more impact than television commercials, Facebook wields more influence than newspapers, and peer recommendations speak louder than radio spots. Campaigns aimed at the masses in hopes of touching a select few no longer make sense when new marketing vehicles enable you to reach interested users directly. The paradigm shift from mass marketing to micromarketing occurred in three areas:

  1. “The proliferation of microcultures.”
  2. “The explosion in microcontent.”
  3. “The emergence of influential micromavens.”

In 2009 at Sasquatch, an outdoor music festival in Washington state, Collin Wynter started dancing alone to the music of Santigold. Another concertgoer joined him, followed by a couple of more. After a minute, several more joined the dance; soon hundreds of rollicking bodies covered the hillside. A video of Wynter’s “unself-conscious display” ended up on YouTube. A viral hit, it led millions of people to witness Wynter’s groove. This video of one...


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    J. O. 8 years ago
    This abstract was interesting to read, even if I am already experienced in using social media and micro marketing. The book gives clear explanation on why micromarketing is better idea than mass marketing. I agree that mass marketing is loosing its appeal, because people can easily ignore those messages. But on the other hand problem with micromarketing is that not everyone of us are able to produce interesting content for people ro receive. And all of the people are using social media, so they are out of that context. But maybe you should read this abstract and decide for yourself what works best for your company. Just don't take anything granted...
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      Pat Brigger 8 years ago
      Thank you for your post, which animated me to read this summary. Indeed, marketing deparment need to re-invent themselves and venture into these types of activities. Very inspiring.