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Articles filed in: Marketing
What If You Had One Line To Tell The Truth About Your Product?
filed in Marketing, Storytelling
Imagine you have a giant billboard to tell your customers the truth about your product or service.
You’ve got just one line to do it in.
What would your truth look and sound like?
Is the truth in that single sentence what you want it to be?
If not, what do you need to do in order to rewrite it?
[It probably doesn’t involve buying a billboard.]
Great Content Marketing Doesn’t Feel Like Marketing.
“You have more chance of summiting
Mount Everest than getting someone
to click on a banner ad.”
—Jonathan Perelman
VP at Buzzfeed
Getting the word out about your products and services can feel a bit like an Everest expedition.
You and I know that traditional advertising doesn’t work anymore. We’ve known from as far back as 2005 that the return on investment from advertising could be as little as 4%. Then along came a new marketing ‘secret sauce’, a way to attract customers and gain their loyalty—all we had to do was create content.
It’s tempting to think that we can use content in the way that we once used traditional advertising to attract the most people. The best content though, goes beyond simply being advertorial and appealing to everyone. Why do you return to your favourite blogs? What makes you share the content you choose to share?
The Secrets of great content marketing
1. Great content changes how people feel by being either useful, entertaining or inspiring.
Think about how you want your readers to feel as they read the last line of your article.
What do you want them to do next? That doesn’t mean getting them to click on a ‘BUY NOW’ link every time.
2. Your products and services help clients and customers to be better versions of themselves every day, your content should be designed to do that too.
Building trust and connection to you and your brand over time, rather than promotion, is the point. Great content doesn’t feel like marketing—it feels like a gift.
3. Just as your marketing isn’t something that’s separate from the work that you do, content marketing should be an extension of it too.
Authentically bake it into your business, don’t just slap it on as an afterthought to fill white space and create noise. Use content to help people to understand more about who you are and what your business stands for.
4. Don’t see your content as a big old sales funnel.
Treat it more like a flame, a campfire that people want to come back to. Intention is everything. People can sense yours, they know when you’re in it for the right reasons.
5. Practice patience.
The reason we got into this fix was by trying to take the shortcut to mattering to our customers. An advert that could blast hundreds of thousands of people felt like a bargain. It turns out it was a Trojan horse that destroyed our relationships with our customers. The people, brands and businesses that have the traction you’re craving have been creating content and providing value to their audiences for years. There’s nothing to stop you doing that too.
Plant your flag. Bring people with you.
Image by Brigitte Djajasasmita.
How To Sell A Guitar…..Or Anything
The number one reason a salesperson fails to close a sale is that she can’t effectively communicate the value of the product. Of course it makes sense that if you can’t help your customers to understand why they should care, then you’re not likely to be able to convince them to buy.
The luthier takes care to choose the perfect piece of wood. She obsesses about the distance between frets and the quality of the strings she uses. But she often forgets to spend time wondering how to tell the customer why any of that should matter to him.
A winning sales strategy doesn’t just involve working out how to sell more of what you make.
A better plan is to understand what people really value and then to give them exactly that.
Don’t sell the guitar. Sell the music.
Image by Fr1zz.
5 Reasons Microsoft Failed To Compete In A Post iPhone World
Soon after Apple launched the iPhone in 2007, Microsoft’s then CEO Steve Balmer gave this short video interview. In two minutes he shed light on Microsoft’s business strategy which gives us some clues as to why Apple would dominate over the next seven years.
5 Strategic Mistakes Microsoft Made Post iPhone
1. Competing on price.
Steve Balmer’s opening shot signalled that Microsoft were competing on price and not thinking of other ways to add value. Just because you’re cheaper doesn’t mean you’re going appeal to more of the right people.
2. Failing to see the future and misjudging the target market for smart phones.
The leadership team at Microsoft didn’t seem to understand that one day soon, everyone—not just ‘business customers’ would want to access email and the Internet from their phone.
3. Leading with the product’s features and benefits.
Balmer talks exclusively about what Microsoft’s phones will do.
Apple always, always, always, focuses on what their products will enable people to do.
The keyboard which Balmer describes as an advantage was one of the things Steve Jobs highlighted as a disadvantage of traditional smartphones.
4. Focusing on market share before heart share.
Microsoft were ‘selling millions and millions and millions of phones a year’, Apple was selling zero. Of course we all know how rapidly that changed. Within 8 months the iPhone captured 28% of the market, because their strategy has always been to gain share of heart first.
5. Having a reactive business strategy.
Creating products and innovations from a place of fear, (you can see it in his eyes) and focusing more on beating the competition than on what would make their customers’ lives better.
How could you avoid making similar mistakes in your business?
Image by Steve Rhodes.
What Don’t You Do?
filed in Marketing, Storytelling, Strategy
You are challenged at least ten times every day to explain to people what you do and why you do it. This happens on your about page, at networking events and even as you sit next to someone ten thousand feet up on a transatlantic flight.
A great place to start is by unapologetically telling people what you don’t do.
“We’re not cheap….”
“You won’t find that here….”
“Our best work takes time….”
One of the best examples I’ve seen of this comes from The Mill Gym here is Perth which only admits a hundred members.
“The Mill is a basic facility with all the tools we need. It is purposely designed this way for a number of reasons. One of those reasons is to sort out the pretenders from the realists. There is no time to look at yourself in the mirror, because we have no mirrors. There is no time to stop and watch TV, because we have no TVs. Nor will you find any other distractions here.”
Being really clear about what you don’t do enables you to tell potential customers what you excel at and why. But most important of all, it helps you to attract the right customers to your business and to softly close the door on people who are not a great fit for you.
Now you have more time and space to really connect with the people you want to serve.
The same rule applies whether you’re training a tiny group of hardcore athletes or building a
global yoga community.
So tell me, what don’t you do?
Image by Wally Gobetz.
Do You Have A Human Business Strategy?
filed in Marketing, Storytelling, Strategy
When I was a little girl buying new shoes was always an event. We went to a local shoe shop, the one that advertised the credentials of their ‘specially trained fitters’ in the window. We patiently waited our turn for the magic that was about to happen. This usually involved a matronly woman and what was essentially a metal ruler in the crude shape of a shoe. The green plastic strap that she threaded around your instep to measure the width of your foot was important of course. This was science and not art, after all.
And yet when we think about the job of the sales assistant back then, we understand that everything she did was an art. The art of understanding her customers enough to know that a ritual was required. The art of building trust. The art of reassuring a man, who as one of eleven children, had walked out of school for the last time at the age of thirteen without shoes on his feet, that spending half a week’s wages on an impossibly small amount of black patent leather was the right thing to do—if you wanted to give your little girl the world.
It felt good to be able to sit and wait patiently for the small stack of green boxes to appear from behind the curtain, to have the assistant carefully buckle the shoes up and to ‘take a little walk up and down’ to make sure that they weren’t slipping.
We bought more than something to cover small feet with those worn green notes.
While the whole world has turned on its head in the forty years between then a now, some things haven’t changed at all and it’s those things that as business owners we really need to pay attention to. Experts, technologists and futurists will tell you that you need to be agile, to be ready to move with the times and embrace a multi-screen world that is changing right before your eyes.
The platforms and tactics we use to reach our customers in a digital world keep changing, but the strategy for touching human beings who make decisions with their hearts and not their heads remains the same.
Image by Ray Creation.
The Most Dangerous Thing About Your Competition
….is your obsession with them.
Yes, we live in a giant digital goldfish bowl. This makes it possible to get stuck watching and worrying about what our competitors are doing. Almost every move they make, every accolade, acquisition and award is there for the world to see.
It’s far more productive and more profitable to obsess about what your customers are doing, then to work out how you could help them to do it with more ease.
While taxi firms worried about the impact of fare hikes associated with rising fuel prices, the founders of the Uber app found ways to add value to the experience of hiring a car instead. Uber created a premium service for customers who were happy to pay extra and they built a company with a $3.4 billion valuation in four years without owning a fleet of cars.
Becoming the competition doesn’t always mean using the same old rules to beat others at their own game. Focusing on the tiniest gap in your customers’ desires might be a better strategy.
Image by Aftab.
10 Ways To Stand In Your Customer’s Shoes
When LEGO was developing a castle play set they brought fans of all ages together to get feedback.
The adults loved it.
“But where’s the dragon?” the children asked.
The adults explained that there were no dragons in Medieval times.
“Where’s the fun in that?” the kids replied.
So, the dragon was born.
What we think our customers want isn’t always accurate and what they say they want isn’t always the whole truth. This is why you can’t rely on hunches or even on focus groups alone. You need to find ways to empathise with your customers and to truly understand the problem you are solving for them.
10 ways to stand in your customer’s shoes
1. Spend time where your customers are, both online and offline.
2. Watch what they do.
3. Listen to what they say.
4. Look for patterns in their day to day.
5. Think about their problems, the tiniest gap in their desires and how you might fill and fulfil those.
6. Consider how they actually feel in the situation where you want to create difference for them.
7. Work out how they want to feel and deliver on that.
8. Identify their wants, both physical and emotional.
9. Question how you can get them from where they are to where they want to be.
10.Think about the change that takes place in their lives because your product or service exists.
Now go tell them that story.
Image by Andrew Scott.
How To Get The World To Beat A Path To Your Door
Traditional marketing in essence has been about doing something today in the hope that your business will reap the rewards in sales tomorrow. The marketer then has her eye firmly fixed on the future. Asking the question, ‘what do I need to do to get us from here to there?’
And yet the best marketing happens in the moment, when the entrepreneur, CEO, waiter, designer or developer takes the time to quietly practice empathy. It turns out that we are at our very best when we really see the world through the eyes of the person we’re trying to matter to.
That’s easy to write and much harder to do than it sounds.
The key to mattering to your customers is to actually care about them just as much, if not more than you do about the success of your business. One of the values of the renowned design firm IDEO is to make others successful, as they say—”going out of your way to help others succeed is the secret sauce.”
Perhaps the question we should be asking, one we don’t ask half often enough is:
“What can we do to get our customers from here to there?”
If you do that often enough the world will beat a path to your door.
Image by Lynda Giddens.
5 Things Your Brand Name Must Do
filed in Marketing, Storytelling, Strategy
Brand naming is tough. There are so many variables to consider and the finality of saying ‘that’s it’, feels like a huge decision. Your name is probably the first encounter a potential customer will have with your business. A brand name has to stand the test of time and wear a lot of hats.
5 Things your brand name must do
1. Make the right people curious to know more about your story.
A great brand name is your opening move, your chance to hold people for a second longer and then to keep the conversation going. Does it speak to the people you hope will become your customers? People have been so curious about how the Warby Parker name came to be that the name itself has become a story. It’s been more than just a label for their products, the company name is an asset to the business.
2. Tell people something about who you are and what you stand for.
People will attach meaning in an instant. Is your company imaginative, ambitious, caring or forward thinking?
What does Apple say that Microsoft doesn’t? Your name needs to connect with people. How does yours signal your intention for your business?
3. Be easy to say, share, spell and pass along.
Err….how do you pronounce that again?
4. Be legal.
You don’t want to build your brand only to find you’ve stepped on the intellectual property toes of another company. Check trademark records, business name registers and if in doubt get the help of a lawyer who will do the checks for you.
5. Have domain name and social media username availability.
The .com debate rages on. Startups find great workarounds with .co, .cc, .io, .is domain extensions and by adding prefixes like the words ‘meet’ and ‘get’. Check social media username availability at NameChk.
This tool saves my life daily when I’m developing brand names for clients.
There is one thing your brand name shouldn’t do and that’s prevent you from starting. I’ve seen it time and time again. People get stuck trying to find the perfect name, so stuck that this holds their project up for months—sometimes forever. An idea that’s out there making an impact in the world is better than perfection.
Image by Deiby.