The Physics of Marketing - Absloute Zero

At just about -273 degrees Celsius, you reach the point at which all molecular motion ceases.  There is no heat.  None.  This is known as Absolute Zero, and it was developed in large part by Lord Kelvin.  In his honor, the Kelvin Scale, in which 0 degrees equals -273 C,  was named.  While scientists have some close to reaching absolute zero in laboratories, it may be impossible to accomplish because the act of measuring would require some level of heat be introduced.  Still, scientists have gotten really, really close to this temperature that is really, really, really cold.

There are some really “cool” things that happen to certain elements when you approach absolute zero, such as condensates - super cold liquids that can overcome adhesion and gravity to spontaneously flow out of their containers.  Needless to say, funny things happen near absolute zero.

So, from a Marketing Perspective, what is analogous to absolute zero?

I am inclined to say that the concept of the Long Tail, introduced by Chris Anderson, is analogous to this concept in some way.  The Long Tail states that, among other things, the internet empowers infinite consumer niches, and thus in a digital world where inventory is not much of an issue, there is a demand for just about everything.  So, that record you and your buddies made in the garage in 1976 might have one person out there somewhere, besides you, who is interested in it.  That record - once thought to be completely void of heat - now possesses a minuscule amount of movement.

Marketing professionals are paid to move products and services away from absolute zero - as far away as possible.  Marketing is some sense is about using resources for generating heat around a product or service, capitalizing on the Second Law of Thermodynamics (Thanks Geoff) to maximize the return on investment.   As the product life cycle would dictate, nothing lasts forever and today’s hot product becomes yesterday’s news pretty quickly.  Marketing moves on, and the product or service often loses heat until it finally dies - theoretical absolute marketing zero.

Still, the long tail being what it is, absolute zero for a product may never actually be reached.  As products or services approach this temperature, weird things happen.  Small groups of people may decide that they don’t want to let go of a product or service, and demand comes from seemingly out of nowhere to defy conventional wisdom.  That is why someone will pay $27.00 for the Shirt Tales lunch box on ebay.  Sometimes this remains isolated and sometimes the product begins to generate heat again and moves away from Absolute Zero.  Pabst Blue Ribbon comes to mind as a brand that was once near death, and then, somehow got to be trendy.  Now, bars in Columbus, Ohio can’t keep enough of it in stock to meet demand.  While this definitely differs from the absolute laws of physics, the ideas seem to be similar.

I am curious to hear from you on Absolute Zero.  How can you apply this to Marketing?  Please share your thoughts and join the discussion with your comments.

The Physics of Marketing - Simple Harmonic Motion

Think of a pendulum steadily swinging from side to side and you are visualizing Simple Harmonic Motion. From children on play gound swings to highly skilled engineers, simple harmonic motion surrounds us. It involves the give and take between potential and kinetic energy. In the example of the pendulum this would be height and speed.

You could even use the principle of Simple Harmonic Motion to prove that the world rotates. If you were to place a pendulum on the North Pole on a sunny day, the shadow it created would move in a circle as the day passed - eventually returning to its origin 24 hours later. However, this motion would not be evident at the Equator. So while the principle of Simple Harmonic Motion is evident in both places, deriving meaning from it is dependent on perspective. Yes the pendulum swings back and forth in both places, but the change in perspective offered at the North Pole would yield unique meaning.

So, on to the Marketing part of the post.

Here is what I came up with. Treat different customers differently. Create simple harmonic motion with your best customers. Develop a predictable experience for them, innovate based on their specific needs, and create something so remarkable that so they want to come back time and again. Do it well, and you should even be able to add a cyclical nature to this pattern thus creating predictability - simple harmonic motion.

Why treat your best customers differently? It is as simple as this. You can’t please everyone. If you are doing something interesting than there will be many, if not most, who will dislike what you do. Try to please everyone and all you will accomplish is mediocrity. The perceived safety of “the middle of the road product or service” only sets up a business to get hit from oncoming traffic on both sides.

instead, create a unique identity. Establish a deep bond with the right customers. Listen to them. And then use your strengths to regularly develop new ways to help solve their problems and improve their lives. This ties in directly with the product life cycle. What to make, why, when, how many, and for whom all can be tied into simple harmonic motion. All of these ideas work best when done for a specific group.

So that is my take. What do you think? Leave a comment and let me know your thoughts on how to apply Simple Harmonic Motion to Marketing. I welcome your contribution and thank you for stopping by.

The Physics of Marketing - Newton’s Law of Gravitation

Sir Isaac Newton makes his second appearance in this series with his Law of Gravitation. Perhaps one of the most widely known principles of science is gravity. I say this knowing that while most people could probably not explain gravity very well, just about everyone understands the idea. This was Newton’s blockbuster idea. It explained ocean tides, comets, and even led to the discovery of Neptune.
So what is Newton’s Law of Gravitation about? Well, here goes…
Newton basically asserted that “every object in the universe attracts every other object along a line of the centres of the objects, proportional to each object’s mass and inversely proportional to the square of the distances between the objects.” This theory served to explain much of the earlier work of Kepler in one concise theory. While Newton’s Law of Gravitation was later proven not to apply to all objects (black holes and situations with extremely high gravity) by Einstein, his work is a foundational part of modern scientific thought.

So in my feeble mind it seems that Mass and Distance are the keys here. Now how to take these ideas and put them in the context of Marketing?

Because people are not always rational, I am not sure you can apply an equation to human behavior with much precision, but I definitely think that there are parallels to be drawn. Here is my first take. Think about customers. Big brands get big attention. People know Coke. People buy Coke. Coke is massive. Coke has pull.

So how do little brands stand a chance of getting some “pull” with customers. The answer lies in proximity - the other part of Newton’s Theory. Small companies must get close to the customer in order to stand any chance of survival. They can actually use this to thrive and exert considerable influence if properly executed. Would a proper analogy be the impact of the relatively tiny moon on the Earth’s tides as opposed to the sun’s impact on them? (I ask because I am not a scientist) The moon has huge pull on the Earth’s oceans, and impacts the tides because of proximity. Certainly it has far less Mass than the giant sun. Still it is close. So, continuing my example in the world of soda pop, (using both terms to be user friendly) Jones Soda has done a great job of being “the moon.” They decided to get close to consumers - actually putting photographs of them on their packaging. This has allowed them to build a loyal following of consumers who are engaged with their products. They conduct events that are designed to be built around the consumer as well. They have done a masterful job of utilizing this principle to create growth.

Here is the rub for most companies. How to maintain that proximity. Starbucks is feeling this pain, Jones is probably going through it as well. As you gain more mass, it is actually more difficult to remain close to the consumer. The proximity or closeness to individual consumers tends to suffer as companies experience growth. The distance increases, and they exert less pull. In summary the moon becomes more like the sun, just not nearly as big. Thus the advantage it enjoyed thanks to proximity is destroyed. Jones becomes more like Coke, but without the Mass to sustain the gravity.

Wonder why your favorite brand “sold out?” Well because they were faced with this dilemma. How to stay close and simultaneously get big. How to maintain or increase pull? “Selling out” is just a natural part of that. People inevitable pick Coke, because it carries a lot of weight. It has mass - and thus gravity. It pulls people back. To sustain that mass Coke invests in Mass media, mass distribution, mass exposure. It must sell a lot of soda pop to sustain that mass and gravity. This is why small companies don’t need superbowl ads to thrive. They need super customer service.

Marketing in my mind is all about the customer. You can have gravity through mass or proximity. You might be able to get both, but often you have to choose. There is no “right choice” but recognize that with that choice comes the implications of gravity. Growth for growth sake - more mass - might not always be the answer.

Alright, so that is my take on Marketing and Newton’s Law of Gravitation. What do you think? How does Newton apply to the modern world of Marketing? Please enlighten the world with your thoughts.

The Physics of Marketing - Kepler’s Laws

German mathematician Johannes Kepler lived from 1571 - 1630.  He is described by many as the central figure in the scientific revolution for his work in astronomy and physics - two disciplines that were considered to be very different from one another in his time.  An independent thinker, he was very influential on shifting world views from the ancient to the modern.  To give context to the time in which he lived, I will mention that his mother was actually imprisoned for witchcraft for 14 months - accused of making another woman ill by collaborating with a demon to poison her with an evil brew. (No, I don’t know if his mom invented Jaeger)   Keppler was a true believer in the scientific method, and one who looked for patterns in everything.  He initially believed that planets orbited the sun in circular motions - basing his ideas on Geometry.  In attempting to verify this theory, he learned that his entire philosophy was flawed.  However, what he did do is to establish how all the planets in our solar system, and any object that orbits another, actually moves.

Kepler’s Laws:

1. Planetary orbits are elliptical with the Sun at one focus.
2. A planet sweeps out equal areas in equal times as it orbits the sun
3. The orbital periods scale with ellipse size, such that the period squared is proportional to the semi-major axis length cubed.

So…

What does this mean to modern marketing?

For me, I am noodling how to apply the theories themselves to Marketing.  I may lean on a physicist out there to get the ball rolling with respect to how these laws can specifically be applied.  Perhaps something along the lines of consumer behavior, seasonal patterns of demand, distribution, the product life cycle or speed to market?  I will continue to think on that one.  Feel free to jump in and start the discussion.

Certainly, there is much for Marketing professionals to learn from Kepler the man and the way in which he made his discoveries.  He was eternally curious about the truth.  He constructed hypotheses, tested, measured, analyzed, modified, and repeated.  He was well versed in mathematics and used geometry as the basis for his initial hypotheses.  At some point, he realized that his model was flawed.  He needed to change his view.  Some of his assumptions just did not make sense.  Rather than deny that fact, Kepler embraced the unknown.  He sought out the truth.  He took risks rather than trying to continuing on in the safety of the familiar.  The end result was a breakthrough.  Is this not the same way we should approach things like product development, direct sales, or customer service?

What do you think?  What is your hypothesis?  Is there something to be learned from Kepler’s Laws?  What is it and why is it important?  Tell us.  I promise, no witch trials.

Johannes Kepler - Wikipedia, the free encyclopedia