Tag: Communication

  • Reach Your Audience The Way THEY Want You To, and Success Will Follow . . .

    Reach Your Audience The Way THEY Want You To, and Success Will Follow . . .

    It has been said that on occasion at least, the medium is the message, and that’s a good thing to keep in mind when setting up your next marketing program. However, the choice of media is not really up to you anymore – and no, despite all the rumors, it’s not up to your ad agency, either – it’s really up to your customers. Sometimes, it’s via newspaper or magazine, sometimes it’s television or radio, often it involves a digital component, e-mail or a website, blog or social media platform. Regardless of which one, you have to let the customer decide which they prefer to interact with your brand, which one has credibility for them, which one will carry the message most effectively, or which combination will move the emotional needle and spur a buying decision or action of some sort. That’s really the goal, isn’t it?

    I want to thank John Garcia, a writer for The Business Journal chain of media (print and online both) for coining the term “Tradigital” to describe the proper mixture of traditional and digital media used to reach a given audience. In a world full of cutesy contractions of celebrities’ names, this stands out as a brilliant single word explanation of the best approach to finding the audience in the right way.

    As always, the key to making the best balance of Tradigital media selection, good, solid customer research is the best place to start the planning process. Dip into your customer base, review your prior media mix, see what’s working and what’s not, and for whom, then vet it with some in-depth, interrogatory interviews with actual customers, asking them specific, actionable, emotionally-driven questions regarding how they feel about interacting with your brand both traditionally and digitally, see if you can divine their decision-making process and where they like to start versus where they enter your actual sales process.

    Data in hand, now it’s time to make some decisions. Do you need to reinvent the wheel, recreate the existing sales funnel to match your customer’s preferences more closely, or are just a few reorganizational tweaks all that is needed?  Only your data can tell you for sure. Certainly, the more closely your sales process aligns with their decision-making process, the more comfortable your customers will be interacting with you, and the more often they will return to buy again – you win!

    Getting the mix right can be tricky, but with two types of data to work from, transactional and anecdotal, you should be able to connect the dots mixed in with some experiencial knowledge and common sense and get pretty close.

    If you don’t feel comfortable doing this type of baseline research with your own customers yourself, hire a professional to work with you and get you going in the right direction – they do this all the time and are objective and understanding at once, able to empathize with customers while keeping their emotional distance so that it doesn’t influence their analysis. That what professionals are for.

    Did you get it right? Time will tell, as will your sales dashboard. Unfortunately, the job is never done, as the customer parameters and demographics shift and change over time, so even if you got it right for now, you’ll need to keep a close eye on it and be prepared to shift over time as customers evolve and change.

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  • Sometimes, a Frontal Assault Loses The Sales Battle

    Sometimes, a Frontal Assault Loses The Sales Battle

    I was speaking with a top marketer and high-powered sales professional (yes, the two skills are not mutually exclusive), and the conversation drifted to how he made approaches to prospective clients and how HE liked to be approached. The two were the same, and clearly it’s lead him to experience fantastic success, based upon his story and current situation.

    He shared with me that “once I discovered this secret, I quit “selling” and just had a conversation.” He related how he had been approaching clients with qualifying questions, asking them about their business, and subsequently telling them and showing them how his expertise could provide solutions, how they had helped others in similar situations, and here were the reasons why. The is a common approach, one most sales people take to generated leads, warm calls, those they have no real personal relationship with prior to the initial conversation. It’s a frontal assault, based on the ABC (Always Be Closing) school of sales, which works great for high volume, turn-and-burn, broad-based consumer sales. It’s high-pressure, high speed, high-volume approach that will, with some minor tweaks, meet the numbers goal almost every time if enough approaches are made. But it doesn’t usually lead to the most loyal clients, or the most profitable, and certainly not the longest term clients, those who provide life-time value which is 10-20 times higher than the initial transaction value.

    For long-term, relationship-based, loyalty-rewarded business-to-business sales, this type of approach is less successful, and can be annoying and offensive to the executive to whom it is directed – it’s disrespectful to think that such an individual is going to make a quick, ill-considered purchasing decision, on his own, without due diligence, without internal consultation, right in front of the salesperson. Not happening.

    Sometimes a more subtle, staged approach is more appropriate – and more successful! This is not a style issue, it’s a functional reality. People want to do business with those they trust, and to come straight at someone without knowing anything substantive about them, and put pressure on them to make a purchasing decision, on what usually is a fairly high-ticket spend, does not inspire trust – someone worthy of my trust would know better . . .

    Now, for the secret my colleague imparted. His conversations don’t revolve around benefits, features, cost, product production schedules, arcane back-office technology, or even specific results. His conversations center around discovering the nature and often the source of the problem, the pain point the prospect is suffering from. Once that is established, no promises of a solution are made, but a commitment is asked of the prospect to explore a couple of ideas further, and see if the relationship is likely to work. That way they can both see that the steps recommended are sensible and effective, but also that each side has at least an emotional skin in the game, they’ve both committed to give TIME and EFFORT to solving the problem. Cost is not the central focus, indeed it may not even be mentioned.

    In a nutshell, the secret is to solve problems that both parties have agreed are problems and have agreed to work together to solve. It’s a common path, not a push-down strategy, and it works to “knock down walls” and reduce resistance, and craft a reasonable, fair and honest business relationship.

    Try this with your next solid prospect, and see what the results are. We all have to give to get, and with this simple secret, you get both.

  • Is Your Branding Team Thinking Strategically?

    Is Your Branding Team Thinking Strategically?

    Graham Robertson provides us with this week’s opus – brilliantly done, a really good grasp on strategic brand thinking. Gotta love Graham. If so, spread the love . . . graham.robertson@beloved-brands.com
     

     

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    In our marketing careers, we start off in a doing-role and get completely swamped in execution.   We think “if only I had a higher level job, I’d actually have time to think, rather than just do”.   The problem for many of us, is not only do we get good at the doing, we get so good that we can’t get past it and we never end getting to the real strategic thinking.  We just become a do-er at a higher level and drive everyone crazy beneath us.

    When I talk to many of the senior Brand Leaders, at the VP and Director level, I hear 3 common things:

    1. “I am too busy and I have no time for strategic thinking”
    2. “My team lacks the experience so I have to jump in resolve issues myself”
    3. “If I didn’t jump in, it just wouldn’t get done right”
    Are you really Strategic?

    Everyone out there claims to be a strategic thinker, but I would guess that really only half of us really are strategic.

    • Strategic Thinkers see “what if” questions before they see solutions.  They map out a range of decision trees that intersect and connect by imagining how events will play out.  They reflect and plan before they act.   They are thinkers and planning who can see connections.   This is PLANNING!
    • Non Strategic Thinkers see answers before questions.   They get to answers quickly, and will get frustrated in the delays of thinking.   They think doing something is better  then doing nothing.   They opt for action over thinking.    They are impulsive and doers who see tasks.  They are frustrated by strategic thinkers.  This is EXECUTING!

    As a senior Brand Leader, it is easy to get so wrapped up in the details of the execution that you’re making the non-strategic decisions on behalf of the team.   You have just really become the “senior” Senior Brand Manager that really annoys your team.   Instead of providing the team with a vision, challenging on strategy or teaching the team, you’re telling them to make the flash bigger and change the sell sheet to purple.

    If you speak in a telling voice, you leave your team with one answer:  YES.   If you speak in an asking voice you leave your team with 3 answers:  YES, NO or let me dig in a bit more and find out.  

    Instead of telling people what to do, why not challenge yourself to sit back slightly and ask the really tough challenging questions.  You’ll know you’ve asked a really tough question when you don’t even know the answer.   There’s nothing wrong with stumping the team, because you’re even stumping yourself in the process.

    So What are the Tough Questions to Ask?  

    As your team might be at the beginning stage of digging in on analysis, here’s are 10 great questions to ask your team:

    1. How do we make money?                                                                                                                                                                                                               This focuses them on figuring out the pathway from the activities on the brand to the results in the market and the profitability on the balance sheets.   The most beloved brands use the consumer connection to create a source of power that they can use on various areas of the market and then use that power to drive the brand’s profitability.   Your team should be able to map this out and use it as a roadmap for the brand’s future.   If you’re not focused on power and profit, then you’re not strategic.  
    2. What is it that makes us different?  USP 2.0                                                                                           The best of brands are either better, different or cheaper.   Or not around for very long.   If you can’t answer this question, then how do you expect your consumer to be able to answer.   You’re likely just a me-too brand and once that’s discovered, you’ll be on a downward spiral.   
    3. Why are we here?  How did we get here?  Where could we be?                                     It’s great for getting to the vision, without writing the word “vision” up on the board and saying to everyone “ok go”.  That gets you no-where.   Pick a magical date of 5-10 years from now and say “if you got everything you wanted, what would the brand look like in 5 years?”  Push them hard on the where to, because that’s when the brand starts to transform itself.  
    4. What’s holding us back from being where we want to be?                                            Once you get the team focused on the vision of 5 to 10 years from now.  This allows you to start attacking your brand, to find the inhibitors that you can try to unleash or course correct.  
    5. Which would be easier:   getting our most loyal users to use more, moving up those who have already bought into the brand to start using regularly or getting a new user?                                                                                                                                                                          This is pushing them towards a strategic choice, whether to focus on base users or new users–penetration or usage frequency.  It also should start to force you to look at your brand funnel to see where you have strength and where you have gaps.   Every brand should be utilizing a brand funnel.   It’s almost negligent to not use one.   Slide1 
    6. That’s like working out at the gym and not knowing your blood pressure or cholesterol scores.  When you layer in What would make us more Money, you might start to see the ROI impact of the same decision.  
    7. What would our consumer say about our brand?                                                            This shifts the focus of the discussion from a myopic brand focus into thinking about the consumer first.   Everything you do should be start and end with the consumer in mind.  After all, if you figure out how to win over the consumer, you become more powerfully connected and can drive greater growth and profits through that power.
    8. For Strategy, what choices are on the table that helps you gain a foothold into the market but also helps to drive the long-term win?                                                                 A test for any great strategy is whether it has all 4 key elements.   FOCUS:  all your energy to a particular strategic point or purpose.  Match up your brand assets to pressure points you can break through, maximizing your limited resources—either financial resources or effort.   Pick a tight target market of those who can love you, and pick a unique position that you can stand behind and win.   You want that EARLY WIN, to kick-start of some momentum. Early Wins are about slicing off parts of the business or population where you can build further. Find that connection with your consumer—moving them along the love curve.  LEVERAGE everything to gain positional advantage or power that helps exert even greater pressure and gains the tipping point of the business that helps lead to something bigger.  Your brand finds a way to turn the consumer connectivity into a source of power the brand can leverage.Seeing beyond the early win, there has to be a GATEWAY point, which is the entrance or a means of access to something even bigger.   It could be getting to the masses, changing opinions or behaviours.  Return on Investment or Effort, where you can translate all the power you’ve earned into profits and brand value.
    9. For any choice related to brand positioning and go-to-market, whether it’s target market, main message, media choices or activities, force their hand by asking a few questions to ask:  1) which one gets us on our way to vision faster?    2) which one helps us grow faster  3) which one makes us more money?                                                                                                                                       Always push your team to focus by making them use the word “or” instead of “and”. If you think you are a strategic decision maker, then whenever you choose both, you’ve failed.   When you go into a casino, and put one chip on each of the 38 choices on the roulette wheel, it might be fun, but you’ll never win.    By targeting everyone then you’re not making the choice, you’re just depleting your resources.   And you run the risk that no consumer ever says “wow, that brand is really speaking to me.”
    10. When seeing new creative execution of anything, ask “DO YOU LOVE IT?” and then watch their eyes.  Do you think our costumer will love it?                                                                                                                                                                                                         Is this connected to personal pride or are they just passing the buck filling in forms.  not okGetting something to market, big or small takes a herculean effort to overcome obstacles.   I want to know on day 1, will they fight for it?   A great idea that falls on the vine is worth less than an OK idea executed with passion.  If we don’t love the work we do, then how do we expect the consumer to love the brand?    OK is the enemy of greatness.  
    11. Why do you want to spend this money?                                                                                                                                             If you are about to spend millions of dollars, I want to hear the reason why you think it’s crucial, why it will pay back even greater than the resources we put forward.   Understanding and aligning to one key objective allows everyone to focus on the outcome.   

    And finally, the most important question of all:   

    What do your instincts think we should do?    

    And then listen.  You might be surprised by the good thinking on your team and you might be surprised that their answer is better than the one that is in your head.  

    This might be most obvious of questions, but how many times per week do you ask this?   Imagine the responses you might get from that.  Imagine how motivated your team would be.  As a leader, I want you to start exhibiting more patience.  You have to learn the art of questioning that sets up the listening.  If you learn this skill you’ll start to realize that you can still control the direction of the brand through questions, even more than through direction.  On the plus side, you’ll have a fully engaged, motivated team that’s ready to deliver.

    As a Brand Leader at the executive level, you should walk into every meeting telling yourself “I know less about this than anyone in the room” and that puts you in the most powerful position to ask the right strategic questions and listen for the right strategic answers.

     About Graham Robertson: I’m a marketer at heart, who loves everything about brands.  My background includes 20 years of CPG marketing at companies such as Johnson and Johnson, Pfizer Consumer, General Mills and Coke. The reason why I started Beloved Brands Inc. is to help brands realize their full potential value by generating more love for the brand.   I only do two things:  1) Make Brands Better or 2) Make Brand Leaders Better.

    If you found this valuable, there’s more information like this available in one neat volume of “The Marketing Doctor’s Survival Notes” – pick up your copy today!

  • E-Mail Drives Sales – Duh! HBR Tells The RIGHT Story of E-mail Marketing

    E-Mail Drives Sales – Duh! HBR Tells The RIGHT Story of E-mail Marketing

    Thought you’d find this of interest, so I reposted it in it’s entirety – sums up what I’ve been saying for several years!

    In a business world obsessed with gaining more customer intelligence, you would think that email marketing would get more respect. But just look at media spending. According to eMarketer, this year U.S. companies are spending about $64 billion per year on TV, $34 billion on print ads, and $39 billion on Internet advertising. And how much are they are spending on email? For that, we have Forrester data: only about $1.5 billion.

    Of course, compared to other media, email messages are dirt cheap to send. With TV you are spending on ad agencies, creative studios, and cable channels. With print ads, you are helping to keep newspapers and magazines alive. Direct mail costs more than $600 per thousand pieces. With email, there are almost no costs at all. But its low cost only makes the argument stronger that email marketing is the most cost-effective advertising method available today.

    Certainly email beats the competition from a measurability standpoint. With TV you do not know who is watching your ads. Ditto with print. Even with direct mail, you cannot be sure that your mail has been delivered, or that anyone reads it when it gets there. With email, you know within 24 hours exactly which messages have been opened, by whom, what links the openers clicked on, and what part of your message was working.

    A properly structured email message provides this benefit to the marketer because it provides benefits to consumers. A TV, print, or direct mail ad is what it is. On email the ad is much more. Because of electronic links, those who open your emails can do their own research: they can explore and see any of the thousands of products that you sell. They can see the colors and sizes. They can, and they do, read ratings and reviews. They can put products in their shopping carts and buy them.

    “Fine,” say the TV folks, “but shopping cart sales through emails are seldom more than 5% of total sales. Nothing to write home about.”

    What these detractors seem to willfully ignore is that emails create impressions that lead to sales through other routes. Some of these routes can be tracked. The recipient can open it or delete it. If she opens it, she can click on it, perhaps buy something or print out a coupon and take it to a store. Finally, if she puts things in her cart but does not buy, you can send her an abandoned shopping cart email that usually yields 29% of lost sales.

    But note that, in many cases, she also does things that are hard to track. She can get in her car and drive to a mall to buy the product. She can pick up her phone and order it. She may be prompted to do research on Google for better prices of similar products, or discuss the offer with her spouse or a friend, leading to a possible purchase later. These are all the behaviors that provide the rationale for TV or print advertising. My point is that emails prompt the same kinds of behaviors. Thus, there is an off-email multiplier. For every purchase in an email shopping cart, we can fairly assume that there are some number of other non-tracked profitable purchases that occur because of the arrival of the email — a number that quantifies all the non-tracked behaviors that email recipients engage in.

    If you are going to make a case for investing more heavily in email marketing, you have to determine this off-email multiplier to account for all the sales your emails can be expected to generate. How can that be done? A retailer I’ve worked with which has 900 stores and is very active with email campaigns recently did a great study. It took a group of 105,000 customers in its loyalty club database, divided them into three groups of 35,000, and marketed to the three groups differently, as shown in the chart below (click to see a larger version). Thanks to the loyalty program, it was able to see all subsequent purchases by these customers.

    Direct mail has a higher response rate than email. But note that direct mail costs about 100 times as much. Meanwhile, the data collected by the retailer allowed it to calculate its off-email multiplier (a simple matter of dividing the percentage of online sales by the percentage of in-store sales generated by email-only marketing). It is 3.76. In other words, for every email shopping cart sale, this retailer gets 3.76 other, typically non-tracked sales due to the email.

    What might your off-email multiplier be? Zero is of course possible, but studies to date suggest that a number between two and three is typical.

    Once you factor in your off-email multiplier, it’s a very safe bet that email will beat all your other marketing methods in terms of return on investment. As email marketing gains more respect, marketing intelligence will meet customer intelligence. Don’t forget to pick up your copy of “The Marketing Doctor’s Survival Notes” to read more about e-mail Marketing effectiveness.

  • Research Is A Cost-Effective PR Tool

    Research Is A Cost-Effective PR Tool

    All of Granite Partners’ consulting engagements involves some sort of primary research, either as part of a SWOT analysis to assess market position, or customer interviews or surveys, or investigations into new applications for existing products. But there are other uses for empirical research – one of those is for PR media exposure.

    If your company does field research, product development, manufacturing or offers a service, you might be able to use your own internal corporate data, and publish your findings as they apply to the general public, and promote those findings to increase awareness of your company.

    Generally, for a business to receive media coverage, they need to craft and offer a story that is timely, urgent, relatable and relevant. Under the right circumstances, research findings can be all of that and more. If you’ve invented a new chemical formula for use in your products, there is likely extensive research on that new formula regarding it’s safety, it’s physical properties, it’s applications, it’s effects when reacting with other substances, and a host of other attributes. If you look at those results in a slightly different way, you might find that there is news in that innovation. If you were to find that the new formulation enhanced lubrication between plastic parts, for example, or had other solvent properties when used against marker or crayons, or some specific stain, that product could be marketed to a whole new audience. Your research might be promoted as something like “New Formula Removes Crayon Like Magic – new Kid-Safe Formula”.

    Taken further, if you are a service company, say a cleaning service, and you regularly poll or survey customers after they’ve received their service. Typically, there would be questions regarding the customer’s satisfaction with the job, what they liked and didn’t like, did the operators do a good job, did they arrive on time, etc. It would be very easy to add a couple of questions to that survey regarding the use of organic cleaning products, favorite fragrance used in the cleaning process, how the customer gauged the “level” of clean achieved, and others. In aggregate, that data could easily be used in an eye-catching headline “Only 35% of Consumers Prefer Organic Housecleaning Products – Majority Feel Organics Offer Reduced Effectiveness” and the subsequent release copy could go into detail about how customers don’t show a preference for organic cleaners citing that they don’t clean as well, based on your own company’s primary research. It’s not a scholarly, peer-reviewed journal article, it’s not a scientifically-vetted study, but it’s honest, it has actual customer data included, and it shows a preference that might surprise readers – and what it really does is create a platform for you to gain some exposure for your company as a thought leader in the industry.

    We’ve found in our experience with clients that primary research always pays for itself in terms of marketing insight, and some data has revealed trends, shifts in perception, and new applications that have yielded millions in sales and new growth for the companies that initially commissioned the research. Forward-thinking companies usually understand the value of the data we uncover, and the most innovative among them use that data for multiple purposes, including those described above. When weighed against all the additional uses for the facts that the data reveals, research is one of the most cost-effective marketing tools you have in your toolbox. Take a few minutes one afternoon and review your internal corporate research data on your products or services or customer’s buying behavior, and see how many attention-grabbing headlines and stories you can wrench out of it – you might be surprised at the resources for media coverage you’ll find hidden there!

    If you liked this post and would like to learn more about this and similar topics, be sure and pick up your copy of “The Marketing Doctor’s Survival Notes” 

     

  • Guest blogger Adam Schectman of Eye Catching Creative on Branding

    Guest blogger Adam Schectman of Eye Catching Creative on Branding

    Branding is one of our mainstay services – it touches and influences every engagement we have to one degree or another. We focus on it so you don’t have to. I caught this article by fellow SMEI veteran Adam Schechtman, and though rather than restate it, I’d simply repost it and give him the credit he so richly deserves! Way to go Adam, nice take on one of our favorite subjects.

    Guest Blogger: Adam Schechtman, VP of Business Development  and Marketing, Eye Catching Creative

    To brand or not to brand? That is the question so many small and mid-sized businesses tend to overlook in the early phases of their development. The problem is there’s a tendency to keep shuffling this linchpin of marketing success to the dark corners of the priority list. Then one day, we read an article or hear someone talking about a competitor and cringe in uneasiness because they did something we didn’t…built a solid brand.

    Like marketing in general, branding is easy to lose focus on, especially when we have experienced some degree of success. If you agree that today’s markets have changed and the way businesses DO business has changed, then it’s time to recalibrate some of your own marketing efforts. That means its back to basics! Like the “butterfly effect,” small improvements in your branding strategy can have a tremendous impact on growth over time.

    We know from marketing 101 that your brand is your identity. Beyond the visual or physical makeup… name, logo, advertising, a brand is quite simply the psychological impact you have on customers. Branding is so important because people buy emotionally and then logic steps in to support their buying decision. Your brand is essentially a part of the ongoing relationship you have with customers. It is a compilation of messages that differentiate (or don’t differentiate) your business, product or service from everyone else who plays in the same space as you do. Take a second look at the competition of today. If someone stands out, why do they stand out? Who doesn’t stand out? Which category does your company fall into and who might be able to help you to improve on that position?

    From your email address to your website, to how the phone is answered to the relevance of your marketing materials, your brand must be professional, consistent and CURRENT. What the company stands for and what you’re offering should be different and clear. When is the last time you really dissected how you are perceived in the market and what your market position truly is? One easy way is to run a survey using existing customers or even some customers that you lost. Resources like SurveyMonkey.com are fantastic, free, e-survey questionnaire tools that are easy to use and easy on the budget. So let me ask you… what perception do your customers have of your business? What does your presence in the market “feel” like to customers and professional peers (aka competitors) and more importantly… are you being felt?

    Adam Schechtman is an entrepreneur and co-owner of Eye Catching Creative, providing virtual, on-call design, advertising and marketing solutions to budget-conscious small and mid-sized businesses. With more than 15 years in marketing, business development and sales, he is also the former owner of Achieve Senior Home Care and former co-owner/franchiser of Advance Realty Solutions. Adam holds an MBA in marketing from Johns Hopkins University. Visit www.eyecatchingcreative.com for more information.

    Get the feel right the first time – we can help you with your branding research to give you the insights to get it right the first time! If you liked this, be sure to subscribe to this blog above.

  • Are You Prepared for a Communications Crisis?

    Are You Prepared for a Communications Crisis?

    In the general hierarchy of life’s priority, when you think of crisis, the marketing department is probably not the place to call. But if you’re a business that’s facing a natural disaster, a tampering case involving your products, an on-the-job accident or other damaging event, that call to the marketing department is one of the first and most important. But if they aren’t prepared to handle a communications crisis, it may not help.

    Is your company prepared for a scramble drill in communicating effectively to convey the proper information, using the right tone and messaging to quell customer fears, or creditor agitation or anxiety, and deal with intrusive media inquiries? If not, now might be a good time to craft a plan, get it reviewed and vetted by all other departments for accuracy and feasibility and get it put in place – before the crisis occurs.

    This plan should include the following:

    1) List of personnel involved: Who is the designated spokesman for your company, who comes next if that person is not available? Create the hierarchy so that the job tumbles downhill logically. The person needs to be credible, well-spoken, and to understand the goals and ideals of the company thoroughly so that any statement made to the local or national media is believable and makes sense.

    2) Who internally should be contacted: List of people will vary depending upon the nature of the crisis, but at bare minimum, the CEO, CFO, VP Operations, General Manager, VP Marketing, and in-house Counsel should be included on the list. Your plant security company should be informed immediately, and if the crisis involves injury or death of staff or contractors on the site, the local police department, local first responder services if needed, and local utilities that service the site, including Hazmat services if required.

    3) What is your position on the incident? Is it an accident, was it intentional sabotage, is your company responsible in any way, what is your plan going forward? From a public relations standpoint, clarity and direct honesty is always the best policy. The media is tremendously resourceful, and they will find out their version of the truth. Better to give them yours and it turns into a non-story, than to stonewall and let them start digging on their own.

    4) Provide only the facts you’re sure of. If you don’t know for certain, simply tell the media that you’re investigating and will keep them informed as things develop in that investigation. Make sure in-house counsel or your of-counsel attorney reviews any written statements for accuracy, or anything that legally obligate your company to do anything in future.

    5) Position Your Company As Compassionate, Caring, Concerned. No matter how simple or harmless the situation appears, in today’s environment anyone can potentially be construed as a victim of something. Make sure your company is seen as one that cares about all it’s employees and contractors, or an civilians who may have inadvertently been involved in the incident. Spread the net of concern wide, but make no direct promises, express your concern for the well-being of all, and stress that no matter the cause or level of responsibility your company ultimately takes in the final analysis, they will take great pains to assist and care for anyone affected by the incident.

    The real trick is to have a speedy, comprehensive and clear position, and to release it to the media as early as possible. If media representatives sense that you’re holding back or hiding something in any way, they will see it as their duty to get to “the truth” as they see it. Fast response heads this reaction off at the pass, returns control to your hands, and makes it appear that you know the drill and are being cooperative.

    Each crisis is different, and each calls for a custom-tailored response. But if you have a plan of action, centralized contact information, a chain of command and a prepared spokesman, you can contain most incidents and concentrate on damage control to preserve your company’s reputation and good name.

    If you found this valuable and would like to read more, subscribe to this blog and get weekly updates right in your mailbox, and be sure to pick up a copy of “The Marketing Doctor’s Survival Notes” for your professional library –

     

  • Do Your Clients Know You, or Just What You’ve Reminded Them Of Recently?

    Do Your Clients Know You, or Just What You’ve Reminded Them Of Recently?

    Service businesses are funny things sometimes. Clients tend to pigeonhole your service firm based on what service you first performed for them. They rarely actually read the literature you leave behind, especially if it’s a referral, and they usually don’t go back and search it when another type of job arises, no matter how closely related to the first. So your first impression, your first engagement and your referrals tend to shape your brand for you in the customer’s mind, unless you steer it, expand it and broaden it on an almost continual basis.

    It’s an easy trap to fall into, especially for smaller firms, who may appear more limited than they are. I’m no exception to this unfortunately, although I try and avoid it if I can. I have one customer who only thinks of me in connection with trade show displays, because that was the first part of a multi-faceted strategy we recommended for them when entering into a new vertical market. Not that she doesn’t KNOW we offer a full range of marketing services, from strategic planning out to campaign execution and executive guidance, it’s just that I don’t reside in that part of her brain and I’m not connected to her other needs in a way that immediately comes to mind when they arise – I have to make a concerted effort to “remind” her that we are a full-service firm, so that we get connected in that way.

    How many of your customers or internal clients only think of you when they need or have a question about a very narrow range of elements, the one you did for them last, or first? It’s something you might want to explore, and you can test it pretty easily: Call them up and ask “Do you know that we also offer . . .” and see what the response is. Call under the auspices of keeping in touch, a good thing regardless, but hunt for that specific piece of data during the conversation. You might be surprised by the result.

    It may seem strange, but that’s just how the brain works – humans learned to survive by recognizing and remembering patterns, and noticing anything that breaks the pattern, like sensing movement in the brush created by a prey animal. Once a pattern is established, ala your firm performing a certain service, that pattern is retained and it’s difficult to change that perception.

    Here’s the fix: broaden your marketing efforts. Don’t go against brand, in fact if you’re a multi-service firm, this will strengthen that tenet of your brand. But highlight a different angle, a different aspect or subgroup of your offerings in a series of marketing launches – it’s like baiting a fishing line with different baits at different parts of the line – you increase the odds of catching something from the same pond. Even if you think you only offer one thing, and one of your brand characteristics is that you do one thing and do it the best of anyone, there are still different angles and facets of that “one thing” that you can use to “bait the hook” with. Try it, see if you don’t get the phone ringing with new business from old clients who “Didn’t know you offered that”.

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  • Sometimes Business Growth Doesn’t Mean More Customers

    Sometimes Business Growth Doesn’t Mean More Customers

    In our daily consulting practice, we see the inside of businesses all over the country, and can make some fairly educated observations about how they run. Small businesses especially are having a tough time running smoothly, in a couple of aspects, operationally and financially.

    Smaller businesses, especially service businesses like landscapers, technology companies, contractors painters and other building trades, are having trouble securing loans from local banks to use for working capital or expansion, new equipment, bigger crews, more workers. This type of business often has ebbs and flows in cash availability, either due to seasonality of their business or the size and nature of their work and their customers. Occasionally they need some extra capitol on a short term basis to make payroll and keep good people on the employee rolls until they are needed for the next big job. If they can’t get that extra money, they are forced to cut other staff, benefits or worse, close down temporarily. This up and down cycle, when not mitigated by some cash flow injections, can eventually destroy a small business, even one that is well managed.

    1)  Qualified Staff Shortage. Operationally, this cash flow issue changes the dynamic among the core of employees, and causes the other problem this type of business faces: scarcity of qualified staff and an employee pool too shallow. If the threat of being laid off comes repeatedly to the rank and file, word spreads in the industrial community and you will have a hard time recruiting good employees. The stress caused by the impending downsize can negatively affect productivity, loyalty and other critical areas of performance.

    2)  Reduced Risk Profile Stifles Growth. That lack of cash flow can also have a negative effect on management decisions as well. If you’re not sure you can fill that cash gap, but have receivables out there and the next big job is in the pipeline, management will still be reluctant to hire additional employees even when they’re needed. This reduces risk-taking, limits growth and expansion, and slows movement among the employees. Mentoring behavior slows or stops, training dries up, and the whole works can come to a virtual standstill, largely out of fear of that “big job gap”.

    3)  Know When To Let Go.  The third but highly overlooked issue for small businesses these days is making the transition from founder-lead, to goal-driven enterprise. Usually smaller businesses are started by a single individual, who has a skill or a talent. They are successful using those skills and the business grows. They hire some semi-skilled workers to help in specific areas, but the founder still acts as president, chief cook and bottle washer, wearing a huge number of hats on the managerial and administrative side, and still doing the principal work at the same time. If they get caught in this loop for very long, performance suffers, crucial but routine admin work often gets missed or lies fallow for long periods, customer service suffers and eventually work quality will suffer.

    The way to break the cycle is for the owner to know when it’s time to find a trusted team to run the jobs and they move over to take a more strategic role. Its a different skill set, but one that can be learned. Finding that team is becoming increasingly difficult, and this is one of the biggest single issues facing small businesses and impeding their growth. Advice for job-seekers out there – look at your skills and experiences and frame them in such a way as to make you attractive to someone seeking a clone of themselves – make yourself appear trustworthy and indispensable, and you’ll get hired in a second.

    Growth from within, building a team, creating a chain of command, putting in place a management structure and policies that foster growth, innovation, initiative and empowerment are just as valuable as building up the customer list, and are a form of growth on their own.

    If you found this valuable and would like to find out more, pick up a copy of “The Marketing Doctor’s Survival Notes”

     

  • E-Mail Effectiveness Boosted by Data Availability

    E-Mail Effectiveness Boosted by Data Availability

    How many e-mail messages do you get every day? How many do you really read? How many get discarded based on the sender alone? Note how the numbers indicate a trend?

    I receive at least 100 on most days, 80+ get discarded based on who sent them, even if it’s something I’ve signed up to receive! I just don’t have time . . . The other 20 go to the preview screen for a quick glance, and the top 10 of those get read and responded to that day at some point. Here’s 5 tips for making it to that Top 10:

    5) Make Sure Your Subject Line Has Some Relevance To Me. Aside from what the excellent spam filter dumps off, subject lines with words like NOW, FREE, TODAY float through here and the urgency is not as desperate as the author would like. Worse are the ones who feel that I need their software so badly and that it’s so present and ubiquitous in my mind space that you can open up with the inside jargon and terms you’ve coined in your dorm room right at the get-go, and I’ll know what you’re talking about – NOT RELEVANT.

    4) DON’T Waste My Time. If your subject line is intriguing enough for me to open in preview, be sure you’ve got something to say that I can understand at a glance – if I have to go to five links to get the info I need, we’re both wasting time – you by writing e-mails that are more complicated than they need to be, you might just as well send me the series of links with no text – the result is the same: DELETE.

    3) If You’ve Got a Good Headline, Don’t Bury it in the Image Art, Because I’ll Never See It. Thanks to the preview screen and firewall software, along with Microsoft’s inherent wisdom, anything with an image is held back until I purposely ask for it, to save me from intrusion and overuse of bandwidth. If you put your headline in the image, I see a blank white box – DELETE! Any hope you had of that long-worked-over and clever headline grabbing me are immediately gone.

    2)If You Can’t Use the Data You Have Correctly and Clean Your List Completely, DON’T USE IT! I get mail addressed to one of the many websites I have currently live, about various things, but they assume that putting the web address in the subject line will peak my interest, but the subject or offer have nothing to do with the website they’re using to “get to me”. My favorite is the Chinese granite counter top purveyors sending me offers of cheap product, thinking I’m a contractor or granite wholesaler, based on the name. The did a search for the word Granite and scattergunned an e-mail out to the whole results list – the Doctor says: DELETE

    1) If You Have My Name on Your List, Use it Correctly – Get Your Technology Act Together. I can’t tell you how many e-mails I get with the wrong gender, the use of both names in the wrong order “Dear Poulos, David” and other idiocy of technological laziness. Don’t let the ‘chines ruin your marketing program, proofread your list! Some simple data processing, at roughly $1 a name, all told, will avoid all this and make your list much more useful, to boot. Be a professional, spend a little money, and watch your response rates skyrocket! It’s my name, I’ve had it for decades, you don’t think I’m going to find it first and check that you’re legitimate by it’s use? DELETE!

    Now you know what it takes to get past my barriers. Now it’s up to you to produce technologically savvy, legal and smart e-mail messages if you want to reach me effectively and make me a customer – Good Luck!

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