competition
166 posts
Gaining The Advantage
This week you answered a customer query and solved her problem. You responded to every email, tweaked your resume and made your case well in the last meeting. You ticked off the things on your to-do list, had a look at your numbers and made solid plans for the weeks ahead. And that’s exactly what…
Knowing What You Don’t Know
The most unhelpful assumption we make as marketers is that our customers know why they need our products or services. From there we think our job is to offer proof—to tell people why we are the best alternative. The first rule of innovation, sales and marketing is to understand the customer’s pain p
The Art Of Differentiation
We, humans, have always been good at noticing what’s compelling about others. Our species’ survival has depended on our ability to recognise strengths and weed out weaknesses. Today, that skill leads us down the road of unhealthy comparison. We have no trouble rattling off the positive attributes of
How To Get Better At Pitching
Every day we fail to convince people about the value we can deliver. For every yes, we get ten no’s. Why? We’re quick to blame the quality of our ideas or our storytelling when we fail. But sometimes we fail because we’re speaking to the wrong person at the wrong time. Rejections often happen becaus
Marketing Discernment
Much of our marketing is designed to convince or convert a customer in the moment. A particular colour applied to a ‘buy now’ button, the timely Instagram post or product placement at the checkout—tactics to get the lukewarm prospect over the line. Our customer’s path to her decision is convoluted.
Three Pillars Of Great Branding
There’s nothing extraordinary about the location of the vegetarian Mexican street food restaurant at the corner of a Fitzroy laneway. The tacos are good, not exceptional. The prices fair, not cheap. And yet, even on quiet Tuesday evenings, when other restaurants advertise specials to entice mid-week
How Could We Have Done Better?
Whether things go right or wrong, we instinctively understand there’s always room for improvement. And yet, remarkably, we rarely stop to ask ourselves exactly how we could have done better. Instead, we beat ourselves up about our failures—playing the disappointment over and over in our head. Or we
Why We Need To Redefine Greatness
By most conventional measures of success Uber is a great company. From a standing start in 2009 to a valuation of $70 billion early in 2017, the ride-hailing app has become the most valuable private technology company in the world. Uber has achieved the kind of growth many companies dream of and yet
Mean It Like You Say It
The Sunday ice-cream scooper at the gelato place on Spring Street makes new customers sample every flavour before they buy anything. She knows her gelato inside and out. Her enthusiasm is infectious. She reels off the most popular flavours and tells stories about how pistachio lovers always return t
Why Your Business Needs A Set Piece Plan
David Beckham scored 114 goals over the course of his 20-year football career. More than half of those goals were a result of what’s known as a ‘set piece’. A ‘set piece’ is a carefully orchestrated and practised move in a team game that returns the ball to play. Beckham became an outstanding player
Ten Things Your Competitors Don’t Do
YOUR COMPETITORS DON’T… 1. Obsess about how their products and services make customers feel. 2. Help people to ‘buy in’ and belong (not just to buy). 3. Make something that’s not for everyone. 4. Question how they could do it better. 5. Listen twice as much as they talk. 6. Do what they say they…
The Listening Marketer
When I was young, Maeve Binchy was one of my favourite writers. She had this knack of creating characters who came alive. You somehow felt the people who owned the shops and arrived late for mass were real, and you knew them. I learned later from listening to interviews with Binchy that they were—at
The Power Of The Constant In A Changing World
In a commercial world, we’re always trying to predict and keep pace with the future. A bit like a toddler failing to outrun his shadow. It’s a race none of us will ever quite know enough to win. Because we’re focused on the future, naturally we worry about change and disruption, often overlooking wh
The Benefits Of Adopting An Ostrich Mindset
Think about how many hours you’ve wasted this year worrying about how well your competitors are doing. The meetings where you focused on how to get ahead. The private angst when your numbers wobbled and theirs stayed steady. Can you name one time when your business gained an advantage by obsessing a
Are You Pressing The Right Buttons?
The guy who knocks on the door at 5 pm is armed with an iPad, a sales pitch and an assumption. He denies he’s trying to sell something. ‘It’s not a sale—it’s a reduction.’ He asks if I’ve looked at the back of my power bills lately. Tells me the prices have risen and he’s…
The Value Of Fixing The Root Of The Problem
The first step to fixing any problem is to acknowledge there is one. If you find yourself starting every email with ‘sorry’, question why you’re constantly doing that. If the software doesn’t work the first time, every time, dig deeper before you need to use it again. If your projects always run ove
The Simple (Not Easy) Strategy For Business Growth
When we think about business development opportunities, we mostly begin by knowing exactly where we are today and what goals we want to reach next. From there we set out to widen our net and acquire more customers or users for our existing products and services. Our growth strategy starts with the n
What’s Missing?
The patisserie opened with great fanfare and then fell flat. The brand had an international reputation, was selling a half decent product in a good location and yet customers didn’t feel like they had a reason to come back. They couldn’t put their finger on it, but the cafe just had no soul. It’s ea
Understanding The Value Gap
You may have noticed how commonplace complimentary gift wrapping has become this festive season. In years gone by this service was offered by bigger department stores or as a fundraiser for charities in local shopping centres. This year though it seems that every retailer from the bookstore to the p
A Common Sense Approach To Customer Insights
Joanne is a small business owner. She operates a catering van that travels to local industrial estates, serving workers who don’t have easy access to high street cafes and fast food restaurants closer to town. Joanne’s business lives and dies on what she knows about her customers. So she makes it he
