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	<title>who do you think you are? &#187; paring down</title>
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		<title>paring down</title>
		<link>http://www.vococreative.com/blog/2008/07/21/paring-down/</link>
		<comments>http://www.vococreative.com/blog/2008/07/21/paring-down/#comments</comments>
		<pubDate>Mon, 21 Jul 2008 17:05:22 +0000</pubDate>
		<dc:creator>erin</dc:creator>
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		<category><![CDATA[advertising]]></category>
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		<category><![CDATA[marketing]]></category>
		<category><![CDATA[paring down]]></category>
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		<guid isPermaLink="false">http://www.vococreative.com/blog/?p=22</guid>
		<description><![CDATA[With news of Starbucks closing 600 locations, I can&#8217;t help but reflect on the phenomenon of paring down. So many people have an all-or-nothing marketing mentality: they either go all out (Starbucks&#8217; own insane oversaturation of the market, anybody?) or completely withdraw and cut back until they lose any semblance of marketing. We all know [...]
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			<content:encoded><![CDATA[<p><img class="alignleft" style="border: 0; float: left; margin-left: 5px; margin-right: 5px; margin-top: 10px; margin-bottom: 10px;" src="http://www.vococreative.com/blog/images/paring.JPG" alt="pare down" width="142" height="180" />With news of <a href="http://www.metafilter.com/73424/how-Ill-dream-fast-asleep" target="_blank">Starbucks closing 600 locations</a>, I can&#8217;t help but reflect on the phenomenon of paring down.</p>
<p>So many people have an all-or-nothing marketing mentality:  they either go all out (Starbucks&#8217; own insane oversaturation of the market, anybody?) or completely withdraw and cut back until they lose any semblance of marketing.</p>
<p>We all know that marketing is a good investment (wink, wink, nudge, nudge), but when do we know that it&#8217;s time to pare down?</p>
<p>There&#8217;s no cookie-cutter answer, of course, but a few good indicators include:</p>
<ul>
<li><strong>failure to meet revenue projections: </strong> this can mean many things, but it definitely warrants revisiting your marketing plan and how it serves (or undermines) your company&#8217;s financial goals;</li>
<li><strong>inability to continue marketing at the current pace</strong> due to audience drain, oversaturation, or just plain lack of energy</li>
<li><strong>a marketing monoculture</strong> consisting of one tired slogan or campaign that has never changed and shows no indications of starting anytime soon</li>
</ul>
<p>Do one or all of these indicators mean that it&#8217;s time to throw in the marketing towel?  Of course not.  But each and every one is a good sign that a re-evaluation is in order.  This can mean anything from a quick look at the books to a call to a strategic partner to a full-on rebranding/paring down effort a la Starbucks.</p>
<p>Think of it like pruning:  in order to let a plant grow to its utmost glory, sometimes you&#8217;ve got to clear away the dead growth.  The same is true for marketing.  But prune with care&#8230;you don&#8217;t want to cut away at the heart of your business!</p>
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