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Mission
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COCO+CO.’s
mission is to help client partners ethically
win market leadership and stakeholder respect by uniquely achieving a
harmony of strategic and creative resources. Objective,
experienced and audience-centered, the resulting public relations,
advertising and marketing programs will earn trust, respect and
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Grow with safer, brand
boosting & less limiting e-marketing
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Distribute
your own e-newsletter with greater security, better branding and fewer
risks and limitations than third party e-mail marketing and
distribution services. Contact COCO+CO. to learn how to create a
custom and zealously ethical program for your company.
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COCO
COntact
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Greater
Boston:
189 Ward Hill Avenue Ward Hill, MA 01835
Voice:
978.374.1900
Facsimile:
978.521.4636
Toll-Free:
800.374.4103
www.cocoboston.com
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Stealing marketing ideas and
tactics from competitors keeps institutions
from differentiating themselves and may result in copyright
lawsuits. (istock/Thinkstock)
Improve
sense of self and grow
Copying
ideas may be a sign of low self-esteem
Very little has been
written about why some institutions “borrow” their competitors
marketing messages and tactics. One might suggest laziness, low budgets
or envy accounts for their lack of original thinking. This article
posits the culprit is actually low self-esteem.
Low self-esteem has been cited in problems of leadership and sales
results. It’s sad but some CEOs and marketing heads actually shun fresh
ideas and refuse to hire or retain innovators for fear of being
eclipsed by them.
“While getting to ‘acceptable’ may not involve risk, getting to ‘one of
a kind’ does. Self-confidence gives great leaders the courage they need
to take their companies — and themselves — to a new level of success,”
Marshall Goldsmith said in his Sept. 9, 2008 BusinessWeek article, “Self-Confidence and Success.”
Those who steal ideas from rivals’ Web sites, use generic industry
catchphrases or engage in “me too” copycat advertising often claim they
are doing so simply to remain competitive. This approach disobeys the
first rule of marketing that says organizations must differentiate
themselves to find marketplace success.
Other indicators of institutional low self-esteem include the use of
“canned” advertising or techniques recommended by suppliers, trade
associations or hawkers exclaiming to have the “secret formula” that
has brought success to others. Two problems with these approaches are
that you will fail to differentiate yourself from competitors and you
may actually adopt ideas with dubious foundations.
Court
orders $200,000 award for copycat advertising
Fresh ideas aren’t always successful, but copying ideas is a sure way
to fail. Some organizations have gone so far as to copy another
institution’s color scheme right down to the Pantone color number. Not
only does this lack originality, it could subject the business to
copyright infringement claims.
LowerMyBills.com, an Experian online mortgage lead generator, was
awarded $200,000 after filing a copyright infringement lawsuit against
NexTag, an online comparison shopping site. “LowerMyBills.com filed
suit against NexTag in December 2004 for copyright infringement, false
designation of origin and unfair competition, claiming that NexTag
copied multiple LowerMyBills.com advertisements in order to drive
traffic and create interest in NexTag’s services,” according to the
victor’s press release.
If your organization has developed a unique program or campaign, take
steps to obtain service marks and register copyrights.
Those who fear that innovative ideas may prove too costly must consider
the cost of legal defense and mediocre bottom line performance.
Besides, some of the best ideas come from working within budget
constraints. Low budget “guerilla” marketing is inherently more
effective.
Submit your comments to creative@cocoboston.com.
‘Red
Phone’ expands with newswire
Advanced
tools enable sharing with social media sites
COCO+CO.
will soon formally launch a newswire, distributing free breaking news
to local and national media outlets. High-resolution photographs will
also be available for download.
The newswire features breaking news related to a collection of
businesses and nonprofit groups throughout Merrimack Valley and Greater
Boston. Advanced tools allow the media to subscribe to RSS feeds,
search by keywords and more. COCO+CO. client partners may also easily
share news with blogs and social media sites.
“Until now, there has been no central source for local, breaking news
available to journalists, leaving many to scour a long list of Web
sites to fact-check and identify newsworthy happenings,” said COCO+CO.
President and CEO Tim Coco. “Now, with free 24-hour access to a central
database hosting credible news about major organizations across the
region, journalists will save time and energy,” he said.
All COCO+CO. client partner news will be posted to the site
as-it-happens. Other organizations interested in posting news on the
wire should contact COCO+CO. directly. Moreover, participating COCO+CO.
client partners who display the “Red Phone” insignia will be able to
accept inquiries and verifications from journalists around the clock.
“In today’s 24-hour news cycle, client partners cannot risk having
their sides of a story omitted simply because they could not be reached
for comment,” said Coco.
A work-in-progress appears at http://www.cocoboston.com/news/.
COCO+CO. provides strategic corporate communications with an emphasis
on brand consistency across media. COCO+CO. works with businesses in
the financial services, quasi-public, energy efficiency and food
manufacturing sectors. COCO+CO. may be reached at (800) 374-4103 or on
the World Wide Web at www.cocoboston.com.
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