Whether it’s a talent competition, a cooking contest or a renovation challenge, reality shows teach three key business marketing lessons.
1. Stories sell
The singer who is doing it for his dying grandma (who raised him from age 3) will always get a better response than the spoilt teenager who has a lifetime of singing lessons (and an attitude) under her belt. Your business needs to be able to tell a genuine story that resonates with your ‘viewers’. Do this, and you’ll get the votes (aka clients).
2. If it works, stick with it!
As a business owner, have you ever dreamt up a new and exciting idea to promote your business, only to find it didn’t work? Stop for a moment and consider renovation shows and cooking shows. At their basic level, there’s really not much difference between them other than the channel they’re shown on – and that’s because the stations know the formula works.
If you’ve hit on a successful marketing strategy for your business, then use it again. Make small variations rather than a complete overhaul for subsequent promotions. Also, look at what works for competitors. The ‘me too’ approach isn’t always a bad thing.
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3. Know when something is not working
Even with all their promotional power, reality shows can be huge flops. Just remember The Mole, Celebrity Splash, or So You Think You Can Dance. All have been successes in some markets (or at some time), but have failed in the Australian market. Whether it’s your business model or your promotional methods, have a monitoring system in place to quantify your results and track the performance of different aspects of your business.
TV shows with bad ratings are usually mercilessly scrapped or put in a late-night timeslot – and the equivalent treatment should be given to business operations that aren’t performing. Don’t waste time or money on flops.
So, if you find yourself watching reality TV this week, don’t feel guilty: just say it’s all in the name of research.
What business marketing lessons have you learnt from reality TV?