If you saw Jim Stengel, CMO of P&G, interviewed in the most recent Fortune, you probably paused as I did when I saw him get emotional about commodities. Here’s some of what he said:
“I hate it when someone says they’re in a commodity category. We don’t accept that there are any commodity categories. We are growing Charmin and Bounty very well, and if there is any category that people could say is a commodity, it’s paper towels and tissues. We have developed tremendous equities, tremendous loyalties from our consumers. So, no, I think that is a cop-out. That is bad marketing and an excuse. We are not in any commodity categories.”
How often over the course of a month does a BtoB marketer hear a client or prospect whine that they’re in a commodity category? No doubt pretty often. How often do they respond as Stengel does? Based on what you see when you flip through most magazines, a lot less frequently. If there is inspirational equity in a product or service – and you could argue that anything possesses it if paper towels do – it rarely makes it to the surface or is even pursued.
Look at the target customer. How well do you know them? What’s the inspiration? What’s the aspiration? A freelance team I know once went through a supermarket and chose the most commodity product they could find, bouillon cubes, and designed a campaign around them for their book. As I remember, it focused on the entire experience of opening the cube: where you likely were, what you were likely thinking, and how relaxing it was to be cooking from scratch rather than sitting in traffic. It worked for me. And there’s no barrier that exists just because we’re in BtoB to say we can’t be inspiring and compelling, either.
It’s working for Jim Stengel with a $6.7 billion ad budget, so it should be workable at our slightly lower budgets, too.