Posts Tagged ‘brand differentiation’
How Will You Win?
All success at some level is about winning. Not necessarily coming first, but certainly reaching some kind of goal or destination. The truth is that most of us are terrible at articulating exactly what the plan to get there is. The ability to do this is probably the single most important competitive advantage of all…
Read MoreThe 4 New Stages Of Customer Engagement
The commercial reality for any business is that sales keep the lights on. We’re still following rules that were proposed in the late 1800s by Elias St. Elmo Lewis in order to do that. “The mission of an advertisement is to sell goods. To do this, it must attract attention, of course; but attracting attention…
Read MoreConsumers Don’t Just Want Better Products, They Want Better Narratives
Sixty years ago, when the world was smaller, people wanted to pay once for something and for the thing to last. We transitioned to an era where we no longer knew as much about the provenance of a product. That fact changed our perception and expectations of quality. We were a little more forgiving as…
Read MoreEvaluating Opportunities
Opportunities are presented to us every day. It’s not always easy to discern which ones are worth taking and which ones to pass on. What questions do you ask yourself before you decide which to pursue or pass up? 10 Questions For Evaluating Opportunities 1. Why are we considering this opportunity? 2. What’s the biggest…
Read MoreWho First?
The realisation of an opportunity to solve a problem for a specific group of people is at the heart of every business success story. Sometimes the potential customer already knows their problem or need exists, but often they are not actively looking for a solution. It’s hard to give answers to people who are not…
Read MoreThe 12-Word Business Plan
Have you ever struggled to illustrate or articulate how your business or idea creates value? This 12-word framework is the simplest way to do it. Take a look at how we could map Blue Apron’s business plan using the 12-word framework. Blue Apron’s 12-Word Business Plan OPPORTUNITY People want to eat healthy, home cooked meals,…
Read MoreWhat Is A Strategy?
In business, we use words that are designed to help us to better understand, articulate and achieve our objectives. Often those same words end up doing exactly the opposite. ‘Strategy’ is one of those words that can tie us up in knots if we allow it to. Imagine you’re on a riverbank. The place you…
Read MoreMarketing Inversion
When Amazon.com was still in its infancy, Jeff Bezos, the company’s founder and CEO had this to say; “In the old world, you devoted 30% of your time to building a great service and 70% of your time to shouting about it. In the new world, that inverts.” Shouting brought us Pop Tarts, Alka Seltzer…
Read MoreOwning The Story
The little deli around the corner just started opening an hour earlier on weekday mornings. Of course, it makes sense for a business located in a walkable neighbourhood to serve commuters who will grab a coffee on the way to work and maybe even buy a sandwich for lunch later in the day. The last…
Read MoreWhy How Matters
How you design the product changes how it feels to use it. How you train your staff changes how the customer is treated. How you answer an email changes how the recipient responds. How much of yourself you bring to work changes how you perform. In a world where more people understand the impact of…
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