Posts Tagged ‘business’
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…
Read MorePerfect
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…
Read MoreWhat 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…
Read MoreThe 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…
Read MoreSomething 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…
Read More10 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…
Read MoreBetter Stories Versus Better Stuff
Most things that you can buy are good enough. The companies that succeed now, Tattly, Apple, Zappos and Amazon don’t find ways to make and sell better stuff. They work out how to tell a better story AND how to give their customers a story they want to tell too. The story is baked into…
Read More5 Questions You Need To Ask About Your Ideal Client
1. Who is she? What’s her backstory? What makes her who she is? (Hint…she may not be you). 2. What does her typical day look like? How does she spend her time and where (both online and offline)? 3. What does she care about? What inspires and informs her? What motivates her to act? 4.…
Read MoreWhy Belief Matters
Five years ago, just before Polaroids began to make a comeback, the owner of the Dublin camera store reluctantly allowed the sales rep to create a tiny, top shelf Christmas display. She spent a whole afternoon arranging then re-arranging the cameras. At last she stood back to admire her handiwork, slipped a digital camera from…
Read MoreThe Secret To Spreading Ideas
I recently had the opportunity to share an idea I care about thanks to the team at TEDx Perth. The talk went live online two days ago. I hope it helps you to spread the ideas that you care about. Image by Sally Jarvis at TEDxPerth
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