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Articles filed in: Marketing
Less But Better
In the bygone era of local shopping strips lined with family owned businesses the job of each business wasn’t simply to make a profit—it was to add value to the community it served. Every business had a purpose beyond the single bottom line. Every transaction, from a pint of milk to five screws wrapped tightly in brown paper, mattered. Paradoxically it was the care the owners took with the smallest order that helped them to thrive for longer than the big chain stores might have predicted.
We’ve come to believe that people always want more or that they invariably choose the fast and easy option. This isn’t true of every customer. What if instead of trying to deliver more, faster to everyone we strived to do less but better for fewer?
Image by John Weiss.
The Simple (Not Easy) Strategy For Business Growth
When we think about business development opportunities, we mostly begin by knowing exactly where we are today and what goals we want to reach next. From there we set out to widen our net and acquire more customers or users for our existing products and services. Our growth strategy starts with the need to expand our customer base in pursuit of the targets we set.
If Steve Jobs had stuck with only this kind growth strategy, the iPhone wouldn’t exist. What he did instead of simply casting the net wider was connect the dots between Apple’s capabilities and where the customer would want to go next—even before the customer knew himself.
Net widening is a fine growth strategy, but it’s also one your competitors are likely adopting—which means whoever gets new customers faster (perhaps by being cheaper) will come out on top. There is an alternative.
We can create long-term value for our companies by understanding where the customer is today and where they want to go next. The path to growth doesn’t always mean having a bigger net. Often it’s about taking the time to consider if a net is the best tool for the job.
Image by Hasin Hayder.
More Vs. Deeper
On the surface of it, the all-you-can-eat buffet seems like a generous bargain. Why is it then that we walk away having had our fill without feeling satisfied? The truth is we know that far from being generous the offer of ‘more’ is a tactic to get the most people through the door. We understand the restaurant owner is hoping we come with small appetites and leave early.
Contrast the all-you-can-eat experience with that of the performer who must somehow find a way to deliver value to a stadium of 75,000 fans, most of whom she can’t reach or look in the eye. Singing one more song at the end of her set is unlikely to create the connection she hopes to make with each person. Her only option is to find ways to go deeper.
So she shares intimate stories of her journey from support act to superstar. She acknowledges the unique attributes of the city she’s performing in. She displays unpublished images from her childhood on the big screen. And she makes tiny handwritten love notes that are photocopied and turned into a mid-performance shower of confetti—souvenirs for her fans to keep.
We mistakenly believe that value creation is about delivering more for less when in many cases what delights our customers is more of less.
How can you give more by going deeper?
Image by Jackson Lavarnway.
Shouting To Be Heard
If we want our ideas to be embraced, we have two choices.
We can shout to be heard, or we can listen to understand. When we shout, we’re not even sure who is listening. When we understand we know what the listener is ready to hear next.
We all know which strategy has the best chance of succeeding.
Image by Masayuki Takaku.
The Right Words
filed in Marketing, Storytelling
When we have a message to communicate, we obsess over finding the right words. Which copy will convert better? How can we construct the perfect offer that draws people in?
What we lose in our attempt to optimise the words is the ability to create a deeper more lasting connection with the reader, user or customer. We forget that we’re not just in the business of trying to win a sale today, but that we’re aiming to build a relationship that sustains both the people we hope to serve and ourselves.
Yesterday a note arrived in the letterbox from our wonderful local council. They’re resurfacing the road and repairing the pavement on our street next week, and of course, there will be disruptions. The note addressed to owner/occupier, goes straight into the project details, time frame, parking and access. It ends with a warning that vehicles parked will be towed and an apology for any inconvenience caused. What a missed opportunity not simply to inform, but to deepen connections with people in the community.
The whole tone of the message could be flipped on its head by positioning as something to celebrate.
‘We’re delighted to let you know we’re starting work on improving your street next week. No more potholes! Obviously, this will mean some disruption and inconvenience for a few days, but we hope you’ll think it’s worth it when you cycle down the brand spanking new road. Here’s what you need to know and how you can help.’
What we say might get people’s attention, but how we say it changes not only what they think, but how they feel and act. It’s worth considering how you want people to feel after they’ve read or heard your message, not just about what you want them to do next.
Image by Hans Splinter.
More Powerful Than Tactics
filed in Marketing, Strategy, Success
Marketing tactics change weekly. It’s not hard to get thrown off course by the sense you’re being left behind. What should you devote your energy and resources to next? Which new social media platform is worth investigating and why? Is it worth attending networking events? What will your return on investment be?
The new tools and tactics are easy to learn and automate, what’s harder, scarcer and more valuable is the intention that guides the work we do, the service we deliver, the attitude we adopt and the meaning we hope to create. Value is increasingly created by experiences and interactions that are not easily replicated. The cookie cutter approach to innovation, storytelling and marketing is overrated. The more deliberate we can be about carving out our difference the better.
What’s the difference you want to make?
Why is this important to you?
You need to know this before you write a line of code or a word of copy and before you send that sales email or plan your next marketing campaign.
Image by Danel Solabarrieta.
The Shortcut To The Sale
filed in Marketing, Storytelling
Yesterday I watched a woman squirm as she was being upsold two post-treatment skincare products priced at $300 by her beauty therapist. Think about the context here. She’d just spent an hour with the therapist, giving her permission to ask questions others can’t ask and allowing her to touch parts of her others never see. The client’s vulnerability is laid bare in a treatment room. This is a high trust situation. The therapist leaves her to dress and then meets her outside waiting to take payment—this is when the switch happens.
“These are the two post-treatment creams I want you to use. They will accelerate the results of your treatment today.” the therapist says, sliding two sleek boxes, minus price tags across the counter towards the client. It’s embarrassing to ask the price of the creams or to admit she’s not sure she wants them, especially when they are positioned as required and not optional. Yes, the therapist had permission, she earned the privilege to speak to the customer—then she promptly went and abused it, betraying all the trust she had worked so hard to obtain.
Even us marketers sometimes find marketing slightly distasteful because we know we’re not always doing things that are in the customer’s best interests—things we’re not proud to have done. We know in our heart of hearts when we’re treating people in ways we would find disingenuous, irritating or embarrassing if the shoe were on the other foot. And yet we take the shortcut to the sale instead of the long way round to mattering.
Like the two-sided coin, every moment is an opportunity to choose the right thing over the easy thing. If you’re reading this I know which one you’re shooting for.
Image by Mislav Marohnić.
The Best Kind Of Self-Promotion
A new group fitness instructor arrives to teach a class at the gym. He’s an unknown quantity, but a few people give him a shot. Within a month his class is either packed or half-empty. The instructor who is struggling to get the numbers announces details of his upcoming classes at the end of each session. The one with a full house doesn’t need to utter a word.
The difference isn’t that the most popular instructors are more professional or technically proficient—it’s that the people who take part in their classes leave feeling glad that they came.
The feeling we leave our clients and customers with (about themselves and not us) as they walk out the door is the best self-promotion money can’t buy. No amount of pleading and persuading beats the delivery of an exceptional experience that the customer wants to repeat.
Image by Edson Hong.
Three Steps To Telling Better Product Stories
filed in Marketing, Storytelling
When it comes to marketing our products and services there are a couple of storylines we fall back on. We either invite prospective customers to look at our impressive features and benefits or urge them to notice how much better our product is than anything else that exists in the category. Those tactics may have worked in the old two-channel world when customers were less distracted and had fewer choices, but they don’t cut through now.
The much more effective alternative is to anchor your customer in his world, starting with his story.
How To Begin Telling Better Product Stories
1. Speak to one person.
2. Anchor him in his current imperfect reality.
3. Show him what his new desired reality could be in the presence of your product.
See how Google does this brilliantly with a great piece of product storytelling.
Not only does this alternative strategy make us better marketers, it also helps us to be more empathetic to our customers—which makes for better products and experiences for the people we serve.
If you want to become a better marketer and brand storyteller, join us next week on the upcoming
Story Strategy Course.
Image by Hsuanya Tsai.
Beyond Attention
The black-gloved sales assistant in the jeweller’s window is busy polishing the stones in every ring. Totally absorbed in her task, she starts with the rubies, moves on to the emeralds and finishes with the diamonds. She carefully places them exactly two centimetres apart on velvet lining.
The stones sparkle under perfect lighting as the first customer pushes open the door. The two sales assistants glance up from their mugs of tea, then get back to their conversation.
We mistakenly expend most of our effort attempting to get people to take notice, polishing the stones, thinking our work is done. How much better would our marketing be if we stopped making attention the endgame and acknowledged that the real work of marketing is what comes next?
Image by Nefraton.