The Invisible Touch: The Four Keys to Modern Marketing [Paperback]

The first chapter is on the limits of research. Most people in marketing know almost nothing about research, and as a result assign it a value that is inappropriate. For example, when you measure something you change it. The author describes having been part of a Nielsen panel while young, and how the family's television viewing habits changed as a result. Essentially, he wants you to understand that most of what you want to learn to make great marketing strides cannot easily be obtained from standard research methods. He proposes some useful alternatives, such as depth interviews (where a longer conversation is held and the interviewee determine most of the direction).

I also greatly enjoyed his section on the fallacies of marketing. These should be posted on the wall of most offices. His perspective on services is quite good. Most business is lost by poor service, not pricing or product defects. Yet improving service is often the lowest priority in an organization.

His four key points relate to pricing (higher prices add to the perception of quality), branding (the clarity of your message and identity is of more value than your actual quality), packaging (people prefer what is beautiful and value it more highly -- they uniformly are subject to the Ugly Duckling stall), and relationships (making clients and customers feel important is job one, with lots of advice for how to do that)....

I especially enjoyed his use of continuing examples. One was of attending a Laura Nyro concert, and being disappointed because she did not connect emotionally with the audience. Services are experienced and personal. "We give concerts . . . how much better can we give them?"

The other one was the famous Folger's crystals advertisement for instant coffee served in the Blue Fox restaurant in San Francisco. People said the coffee was the best they ever tasted. Clearly, the ambience, reputation, and circumstances of being at the Blue Fox all had a lot to do with that perception of the coffee.

The limitations of the book are several. First, it is not a general theory of how people decide to buy. For that, I suggest you read Robert Cialdini's book, Influence. Second, the conclusions you will want to draw for your own business may not always follow this advice. There is no clear pathway to decide what is best for you. For example, if you are exceptionally efficient and value is part of your brand, your prices had better reflect that and may be lower than the competition's (such as Wal-Mart, which is cited in the book, and Southwest Airlines). If everyone followed the literal advice in this book, it wouldn't work as well. Naturally, since few come close, that's not an immediate issue. Third, the book doesn't connect the pieces together to show you how to use each element to build on each other element. Communications is talked about quite well in the relationships section, but gets much less attention in branding (which it is equally important). How can better communications also help you be sure you are following the book's precepts?

As a result of these limitations, I suggest you use the book to stimulate imagination. A good follow-up would be to discuss it with your colleagues to identify places where you may have opportunities to improve. In doing this, I suggest you have someone facilitate the conversation. If you can afford to pay for this, a local business school professor would be a good choice.

Good luck in overcoming your stalled thinking that comes from a lack of experience in successful marketing! You don't have to make all of the mistakes that are possible to learn how to be more successful! Read more ›