Did your marketing mix put on a few extra pounds last year?

A new year always holds lots of promise and lots of promises of things you are finally going to do. According to a poll conducted by LiveScience.com, at the top of people’s lists for 2011 is the eternal battle of the bulge. In fact, losing weight beat out second and third place resolutions - Being Happy and Saving Money - by almost a two-to-one spread.

Although business resolutions are generally much more varied than those of the general public, weight loss should probably be at the top of the list among companies as well. What company couldn’t stand to shed a few extra pounds of underperforming marketing efforts?

One of the first questions we ask a new client is what their marketing mix looks like currently. Is the company using television advertising? Do they have a social media campaign? What magazines or print publications are a regular part of the advertising campaign? Are they using SEO or SEM?

After getting a good idea of what advertising vehicles are in their marketing mix, we then ask how each of them is performing. At this juncture we are oftentimes magically transported to a deep, dark forest where the only sound we hear is.. crickets.

Advertising in any form needs to get results for your company. Results translate into a ringing cash register or a busy service staff or an influx of sales leads. Your company can and should determine what sort of results you need and expect from your advertising and drill that down to each form of advertising you are using to determine if that print publication or that television campaign is really paying off.

If not, it’s time to trim some fat. Carrots anyone?

Ahoy! Blue Ocean ahead!

About a year ago I finished “Blue Ocean Strategy,” an interesting book penned by two esteemed academics. Unlike other marketing books full of frothy creative ideas, “Blue Ocean Strategy contends that success can be achieved through a proven systematic approach. This approach doesn’t focus on besting your competition; rather it makes your competition irrelevant. When you create your own Blue Ocean, you sail it alone on the way to success like you’ve never imagined.

The book was enlightening and, I thought, wholly achievable. After all, they outline the system for creating a blue ocean. With a little creative thinking (an abundant resource at RWA), we could create our own blue ocean. One year later, we’re still sharing the seas with our competition.

I had begun to question whether blue oceans existed anymore when I came across an article in the New York Times this week entitled “Using Marijuana Stores to Market Food.”

It appears that the Attorney General’s decision to end the Bush administration’s practice of frequency raiding marijuana dispensaries has spawned a most unexpected result – the emergence of a blue ocean. We can also credit the AG with a whole new crop of business innovators aptly dubbed “ganjapreneurs.”

One such ganjapreneur is Hapa Sushi, a Colorado sushi restaurant chain. Recognizing the obvious connection between getting high and getting the munchies, Hapa Sushi is tapping the newly liberated marijuana market with ads touting the restaurants’ proximity to dispensaries around town. So residents can now grab a baggy to roll and a California roll all in the same trip.

It’s maybe not quite what the authors had in mind, but it’s a hell of a blue ocean.

Sail on, Hapa Sushi. Sail on.