This week Paul Gillin and I discuss three examples of unintended consequences for B2B marketers that showed up in recent business marketing literature. Our first piece, which appeared in B2BMarketing.net, highlights recent survey by Acoustic that found a jump in email open and click-through rates in the past year – and in some cases a pretty substantial jump – thanks to new privacy regulations in the EU and elsewhere. The rules have forced marketers to hone their messages and to produce more precise email campaigns, which has resulted in better engagement with recipients. Talk about silver linings!
Next, we found a year-old survey from the British Marketing Week that found the influence of the marketing organization drops as brand value grows. This could be caused by several factors, including not understanding how customer acquisition and retention work or the fact that many marketers are still loath to employ data-driven technologies.
Finally, Inc. looks at a Harvard study about the unintended consequences of doling out awards to your staff. The researchers found that awards can have the revenge effect of actually de-motivating employees. Reasons include the unintended social cost of being singled out or employees slacking off once they realize they’re exceeding expectations. Businesses need to consider the reason people do the things they do and dig deeper to find out rewards that have more than just recognition value.
This could be an underlying reason why Facebook is thinking about hiding the “Like” counts on its posts, according to TechCrunch. Facebook says it wants to protect users from envy and dissuade them from self-censorship.
You can listen to our 13 min. podcast here.