Review of Relationship Marketing: Successful Strategies For The Age Of The Customer (Paperback)

This 1991 book focuses on technology marketing, but it is relevant to general marketing today. In some respects, McKenna was a marketing prophet, since he was an early proponent of experience-based marketing, interactivity, connectivity and creativity.He sees marketing as a means of building relationships and credibility through a four-part process:

1. Use word of mouth, primarily through face-to-face meetings.
2. Develop the infrastructure (rank influencers in your industry and cultivate relationships)
3. Form strategic relationships with the 10% who influence the other 90%..
4. Sell to the right customers.

Here are some of my other take-aways from Relationship Marketing:

* Shift from monologue to dialogue.
* Concentrate on substance before image.
* Be wary of secondary marketing research reports.
* In the information age, image advertising won’t work.
* Know that the line between products and services is blurring
* Personality and image are always changing.
* Perpetual adaptation makes a product successful.
* Marketing is a process, not a set of tactics.
* Marketing is qualitative, not quantitative.
* Marketing is everyone’s job.

McKenna also has a distinctive approach to positioning. Unlike Trout and Ries, he sees positioning as a blend of technology, price, applications, quality, service, distribution channels, target audience, specific customers, and alliances. In other words, positioning is who you are, not what you want people to believe you are. He also sees positioning as changing and dynamic.

When you look at the world of blogs and social media, this counsel makes more sense than ever. I also think McKenna was on the mark with his expanded understanding of positioning and focus on relationships as the focal point of marketing.

I’m very glad I read this book in the late 90s.It has helped me become a better marketer. Her are other books to consider:

Positioning: The Battle for Your Mind, 20th Anniversary Edition
The Experience Economy: Work Is Theater & Every Business a Stage
Inside the Tornado: Strategies for Developing, Leveraging, and Surviving Hypergrowth Markets (Collins Business Essentials)
The Cluetrain Manifesto: The End of Business as Usual

Product Description
The bestselling author of The Regis Touch expands on his previous work to focus on building crucial relationships that help a company dominate–and own–the market in this age of the customer. Includes stories, insights, and advice to give readers an edge in today’s fiercely competitive climate.

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Tags: 0201622408, Basic Books, Business and Management, Customer services, Economics, Finance, High technology - Marketin, Regis Mckenna, Relationship Marketing Successful Strategies For The Age Of The Customer