Let Them Eat Cake

I often watch CNBC in hopes of a glimmer of stock market insight. Shows with names like "Squawk on the Street". Today on "Power Lunch" I got insight on ... cupcakes.  

Yes, cupcakes.

It seems as the economy erodes, a home baking boom is having growth spurts. People are forgetting their troubles with sweet treats that don't impact their pocketbook. 

Speaking of mergers, several trends converge here: not just pinching pennies but the entertaining and stay-at-home trends and the kids learning to cook trend. Our health concerns: if we make it ourselves, we know where it came from. And don't forget the waistline-watching trend: cupcakes are portion-controlled little luxuries. 

The updated kitchen trend allows the at-home-chef (another trend) to watch the celebrity chefs reality show trend. I thought chef meant professional cook? 

Apparently there's a growth spurt of high quality, bake-at-home mixes. Is watching "Leave It To Beaver" next as we don our aprons? 

Seriously, being a trend watcher is fun and profitable. I wonder if Warren Buffett is buying shares of Duncan Hines® next? We're bombarded by trends – online, on television, in our own lives. Which trend can you leverage now in your business?

The Economy Sucks. My Marketing Sings

I usually don't comment on the economy. I'm not an expert. And when it comes to stocks, I can't help but hear my dad whispering in my ear ... "hold it." That may not be advice that applies on the street today however I'm still holding on. If Warren Buffet's buying, I'm not selling. I hope it pans out.

But onto more immediate matters and those I have expertise in: marketing and branding. 

I'm seeing that companies (both small businesses and our clients) have a huge choice to make. Hunker down and worry – or move forward boldly. Hide – or forge into marketing and brand building as never before. I favor the latter. 

After 9/11, my design firm was hit hard. I restructured and never looked back. It was a good decision. My brand was somewhat known and it held up even when I moved from design to the broader spectrum of marketing, where I felt I could have greater impact.

The classic example of Coca Cola always comes up (not that I'm a soda drinker) but if CC were to lose all its production facilities, it could rebuild. If it lost all brand recognition, it would not survive.

It's ironic that many small companies bet the ranch on tangibles (office furniture, computers) without investing in their brands. They say they can't afford it.  

I'm all for infrastructure. The computers must work efficiently and the office must look good. That's basic. It's actually all part of your brand . . . employee satisfaction, efficiency and the customer experience. Your brand is infrastructure too – how the world views you, how they experience you.

Differentiate or Die

The truth is you can't afford not to invest in marketing. It's a lesson I learned in the many years of working with Fortune 500s. They spend big time on marketing as we know. You can't cross the street without being bombarded by marketing messages. And they get a huge return on investment.

I'm expanding my marketing right now and I know several of my clients will also. As a result, I'm confident we'll weather the storms. We'll be there when the ranks thin out. And when the upturn comes, we'll be in a great position to mine for gold.

I hope you plan to join me. Be visible. It's a great time for marketing!

Tell us how you plan to survive the economic winds of change.

Welcome to Anna Lieber's Blog

I'm opening this spot as a forum for discussion for our clients and community, and all marketers who want updates on marketing and branding.

1) classic marketing issues
2) emerging technologies
3) marketing and branding trends

For more information on how we work with our clients visit www.lieberbrewster.com

Stay tuned!