Posts Tagged ‘authenticity’
The Power Of Scarcity
Demand for anything is always greater when supply is limited. People want what they can’t have, and so scarcity creates value. Scarcity is not just about managing the availability of resources and limiting supply—it can be the foundation of a successful business model. When Howard Schultz expanded Starbucks, he knew that it was the feeling…
Read MoreThe Number That Matters
Every so often I look at the list of readers who have subscribed to my blog but have stopped opening the emails they signed up to receive. When I see that they’re no longer interested, I unsubscribe them. I’ve personally done this almost 10,000 times over the past seven years. It’s harder than you think…
Read MoreBetter Than Before
Our plumber, Evan, spends every minute of his day solving problems. There are no breaks to check email or to see who’s commented on Facebook. He’s too busy working things out, wondering where the source of the problem is or deciding how he might make the repair more robust than what was originally installed. Evan…
Read MorePermission To Be Impractical
Back in 1984, it wasn’t practical for Richard Branson to think he could launch a better airline with just one secondhand Boeing 747. And yet, that’s is exactly what he did. It would have been more practical for James Dyson to give up after the fifth attempt to invent the best vacuum cleaner in the…
Read MorePedestals
Whoever said you should never meet your heroes was only partly right. There is an element of truth in the adage. Reality can rarely compete with the imaginary. Fleeting, real encounters are flat—two dimensional at best. The imagined meeting is all deep connection and unspoken understanding on both sides. In matters of hero worship, the…
Read MoreHow Are You Putting The Customer At The Centre?
At every strategy meeting, in every company boardroom and entrepreneurial hub around the globe, you will hear some version of the requirement to ‘put the customer at the centre’ in everything we do. These words are easy to preach from on high and harder (but not impossible), to implement at a grassroots level. The key…
Read MoreMeeting, Managing And Exceeding Expectations
If a brand is a promise, then the expectations people have of the brand are created by the promises we make. Meeting expectations is about the alignment of words and deeds. Disappointment occurs when we don’t do what we say we’re going to do. When we promise more than we can deliver or pretend to…
Read MoreThe False Promise Of Shortcuts
The promise of a shortcut is the most powerful marketing tool you can wield. That’s why we see it used so often and effectively. Diet shakes have done little to make a dent in the obesity crisis, and yet they are part of a thriving multi-billion dollar industry. We all know what works is regular…
Read MoreYou Don’t Need To Compete When You Know Who You Are
Before globalisation, marketing, hair straighteners and the bullworker, our tribal ancestors and village businesses stood out by excelling at their craft. They became known for doing the thing other people in the village couldn’t or wouldn’t do. They were beloved for the way they went about their work. Not much has changed about how loyalty…
Read MoreThe Rise Of The Interested
It doesn’t seem that long ago since a customer would get personal service at a drapery shop even if she was only buying four buttons for the baby cardigan she’d made. A real conversation ensued and colours were carefully matched. By the time money changed hands the assistant knew who the cardigan was for, when…
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