Posts Tagged ‘brand strategy’
The Importance Of A Responsive Business Mindset
The beauty salon owner has a limited number of available appointments. Every day she encounters the same problem—zero availability and several last minute cancellations or no-shows. This situation is frustrating and it’s losing her money. She thinks she might solve the problem by implementing a cancellation fee, charging clients who cancel within 24 hours of…
Read MoreThe Importance Of Customer Cues
Ira’s cafe is tucked away at the bottom of a narrow city centre laneway. Without regulars who live close by Ira’s place is dependent on converting tourists and weekend shoppers into diners. Every neighbouring cafe stations a host in the small doorway waiting for passers-by to make a decision. Ira takes up his post in…
Read MoreMost Brand Stories
Most brand stories… Start with what the marketer needs to say, not with what the customer wants to hear. Describe product features and benefits, instead of customer problems and desired outcomes. Prioritise conversion above emotional connection. Seek to build brand awareness rather than create brand affinity. Invite customers to pay attention while companies ignore opportunities…
Read MoreThe Sustainable Marketing Strategy
The fast food restaurant’s latest advertising campaign announces the return of it’s famous $1 chips. Of course, the lure of the bargain will bring back people who have forgotten that this brand exists. Foot traffic will increase and revenue along with it—for a little while. The local organic store puts out platters of delicious free…
Read MoreTry And Test
If you are anything like many of the entrepreneurs I know and work with you have a bank of ideas waiting to be executed (or discarded). Most of these ideas (good and bad alike) never see the light of day because they are locked up in a notebook, or an app and they haven’t been…
Read MoreWhen Rational Sales Strategies Don’t Work
A couple of years ago Mrs Jones spent $12,000 to install a hydronic heating system. She hasn’t had the boiler serviced since. She politely refuses when the guy from the service department calls her to arrange an annual service for just $164. He pushes back a little, explaining about voiding the warranty, energy efficiency, safety,…
Read MoreThe Essence Of Meaningful Ideas
Victoria Parade is the road that separates north Melbourne’s suburbs from the city. It’s a busy spot. The road is dotted at intervals with pedestrian crossings and used by cars, commuters and pedestrians alike. But the widest pedestrian path across the dual carriageway isn’t a planned pavement. It’s one that’s been created by the desire…
Read MoreThe Value Of Customer Questions
Every day our customers give us clues about what’s important to them and what they really want. Often we ignore them. Questions like the one asked of a running shoe manufacturer, which was followed up with this response: “Thank you for your email regarding shoes for a mud run. Unfortunately, we don’t stock a shoe…
Read MoreWho Is The Story For?
Jane runs an upmarket souvenir shop in the heart of the city. It’s in the perfect spot, close to the four and five-star hotels, and full of tasteful gifts—reminders of good times had, and a little something that says ‘we were thinking of you’. In a digital world, her biggest problem is finding interesting gifts…
Read MoreThe Key To A Great Product Story
As an entrepreneur or business leader, you will inevitably be asked how your product or service is different from your competitor’s. Often this question comes from someone who isn’t even a potential customer (but that’s another story). Our fallback position is to lead with features and benefits. We describe tiny, incremental improvements we’ve made in…
Read More