Posts Tagged ‘brand strategy’
The Responsive Vs. Reactive Business Conundrum
Every sustainable business was built in response to an unmet need. These responsive businesses endure because they evolve with the customer they intended to serve. The likes of fidget spinner manufacturers don’t count. You can rattle off a dozen responsive companies that have launched in the past two decades, particularly in the digital space. Brands…
Read MoreYou Can’t Mimic Your Way To Success
The Louvre is the most visited art museum in the world. It welcomes more than seven million visitors each year. Six million of those visitors are there to see the world’s most famous work of art, the Mona Lisa. An estimated 16,000 visitors a day jostle in front of the 77 cm x 53 cm…
Read MoreDesign Your Business For The Outcome You Want
Think about a delighted customer and the ten people she will interact with today. What’s the story you want that customer to share with someone about you, your product or service? How do you want them to describe the change you enabled? What words do you want them to use? How do you want them…
Read MoreA Simple Way To Think About The Value You Create
When it comes to communicating our value, we begin by describing the features and benefits of what we make, serve or sell. That’s why we often end up with a laundry list of claims that our competitors could make. There is an alternative. Flip this thinking on its head and reflect on what would happen…
Read MoreThe Two Questions At The Heart Of Great Marketing
The kind of marketing we practice is a result of what we’re most curious to know about our customers. Many marketing campaigns are created by asking the following questions: A. What will they buy? B. How can we get them to buy? The resulting tactics become about near-term targets, buying more attention and competing on…
Read MoreA Tale Of Two Managers
My local bank manager, at the branch five minutes walk from my home, works hard to help customers navigate the bank’s new automated systems and services. He’s on hand to show everyone depositing cash how to bypass a teller and make a deposit using the machine in the foyer. The bank manager at the branch…
Read MoreThe 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 MoreUnderstanding The Arc Of Your Customer’s Story
The plot of every story begins with an inciting incident—the revelation of a problem the hero must overcome. Harry Potter’s offer of a place at Hogwarts School of Witchcraft and Wizardry. Cinderella’s invitation to the ball. Buzz Lightyear’s arrival on Andy’s birthday. Everything we know about the hero’s circumstances up until that moment is the…
Read MoreThe Measure Of Success
Success doesn’t have to be a number or a word that ends with ‘er’—a sliding scale, determined by others who decide when enough boxes are ticked. Success is not always first over the line, less of this and more of that, a game of it depends. Success doesn’t even have to be someday soon, that…
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