This Time Next Year

“This time next year we’ll be millionaires!” —Derek Trotter CEO of Trotters Independent Traders You probably spend a great deal of time setting business goals, working on strategy and planning for growth. It’s the sensible thing to do. After all how can you get to where you want to go if you don’t know where…

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Building A Brand Versus Selling A Commodity

Ideas spread, products become irreplaceable, and businesses grow when they stop being mere commodities and have meaning attached to them. It’s not possible to be a brand and a commodity all at once. Customers don’t demonstrate loyalty to commodities but they can fall in love with a brand. PRODUCT-MEANING=COMMODITY PRODUCT+MEANING=BRAND Anything you care to think…

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Perfect

When a Ryanair flight touches down on time a fanfare sounds over the public address system to celebrate the fact. Flights that arrive on time might be cause for celebration for the airline, but that’s no longer enough to delight most passengers. Just twenty years ago when you made an expensive long distance phone call…

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What Business Are You In?

More on those $5 roses that you paid $8 for last week….. On the Saturday before Valentine’s day I went shopping for single white rose. The florist had none on display, but when I asked she went into the fridge and pulled out two dozen. “Oh, these are not at their best. You can see…

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The Difference Between Value And Valuable

On Saturday a single rose would have cost you $5. Today and tomorrow it’s $8. While you clearly got better value for your dollar on Saturday, the roses are more valuable to you today. Who decides then where the value lies and what’s valuable? The value of your product isn’t just in the price you…

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How To Get The Customers You Deserve

You’ve heard a version of this story before. It goes something like this. The customer leaves the restaurant a little disgruntled after a Friday evening dinner. The service had been particularly slow, his table had waited an hour for their meal and the waitstaff hadn’t nipped his complaint in the bud. His next move is…

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Could Your Customers Find You Blindfolded?

When I first watched the video below about Silver Moon Bakery I shed a tear. I love the line where (spoiler alert) Judith the owner says; “You have to love what you do, or at least enjoy it. Unless you have no choice in life and you have to do this because it’s the only…

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Something To Lose

The solitary guy who sets up shop in his garage or carves out a space at the local cafe to use as an office has nothing to lose. He can tell his friends that he’s following his passion, that it might not work but he’s giving it a go anyway. Not so easy to be…

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Different, Because

We are different because ———————. We are the only one that does ———————. How are you different and why does that matter to your customers? Image by Evive.

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10 Questions To Help You With Your Pricing Strategy

When my family and I were in Venice recently we decided to take a seat in a tiny Cafe in St Marks Square and ordered four hot drinks (anyone who has holidayed in Italy knows what’s coming next!). There was nothing remarkable about the coffee but we walked out half an hour later having paid…

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