customer acquisition
21 posts
When Marketing Works
Marketing works best when it’s in service of the customer.
Get Specific To Get More Customers
The more specific you can be about who your work is for and who it’s not for, the better your chances of gaining traction with more people.
Values, Choices And Strategy
Sharing your values, and better, demonstrating them to your customers is a smart strategy. How are you doing that in your business?
Reverse Marketing
Who is the antithesis of your ideal customer? What’s the message you’d share to convince that person never to buy from you? When you can tell that story well, you’ll be something to someone.
The Downside Of The Comparative Advantage
A new cafe opens in Melbourne every other week. Our city is full to bursting with every kind of cafe you could wish for—from holes-in-the-wall doling out espresso to morning commuters, to leisurely brunch places in the suburbs where friends linger and city lunch spots where business deals are done.
The Downside Of Competing For Customers
The boardroom was ready. We each had a bottle of French sparkling water, a notebook and pen next to our seat. Delicious herbal tea and snacks were served on our arrival. We were meeting to discuss how best to tell a story that resonated with the client’s customers before the launch of a new marketin
Big Enough
Conventional business wisdom suggests that success is dependent on achieving scale. We’ve come to equate fulfilling our potential with being number one—having the biggest piece of the pie. In our quest for success, we sometimes forget to question how much pie is enough. Exceeding the optimal amount
Choose Delight Over Satisfaction
When a flight is delayed why are the passengers who quietly accept their fate and meal vouchers never the ones who get priority on the next available flight? Our instinct is to acknowledge and take care of the customer who complains the loudest. We work hardest to get the dissatisfied, those unlikel
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
How Are Your Customers Convinced?
Real estate agents get more new listings from the refferrals made by satisfied sellers, than they do from letterbox dropping flyers. Hotel rooms are increasingly booked on the strength of previous guest reviews on Trip Advisor, not because of the room sizes and facilities published on their website.
Changing The Customer Experience Narrative
My husband, who is a doctor has been trialling ways to improve the patient experience at the practice where he works one day a week. There are many things about the experience that are out of his control. He can’t control how the receptionist speaks to the patient on arrival, cut the waiting time or
The Feedback You Invite Vs. The Feedback You Need
The air stewardess in the business class cabin was busy, but not overrun. She spent the majority of her time with one executive passenger in her section throughout the flight. A friend who was returning from an overseas holiday asked for a cup of tea. Ninety disappointing minutes and four more reque
Marketing Constants
If you’re running a business, you’ll hear some version of the following every other day. Things have changed. And there’s no doubt that they have. Things have changed since the Internet became ubiquitous, since Facebook launched, since newspaper advertising died, since the iPhone, Amazon.com, ad blo
Why Do They Come?
There was a twenty-minute wait for croissants at Lune long before the New York Times announced that the best croissants in the world might just be made in Melbourne. Now you can wait for thirty, but people still get up early and hang in there just to try one. Why would they take a tram…
Common Ground
One blustery Saturday morning last month our entire neighbourhood woke to a marketing blitz. Every single home in every street had been targeted. The instructions to the leaflet dropper had been clear. Don’t post the flyer in the letterbox (where people won’t be looking for mail at the weekend). Pla
Why Are Your Customers Here?
The city centre bookstore manager complains to her colleague on the phone about people wandering in on their lunch break to browse because they have nothing else to do. “They’re not coming in for anything in particular.” she sighs. She’s right, for two hours every day hundreds of office workers with
The First Rule Of Increasing Brand Awareness
Sustainable growth is the goal of every business and conventional wisdom tells us that in order to grow we need to command more attention. Ironically, when we begin thinking about how to increase brand awareness we often shift our gaze internally. We work on differentiating from our competitors. We
Why Startups Fail
Take a look at this list of reasons startup founders give for failing. These are just some of them. The cost of customer acquisition, ahead of its time, wrong positioning, not enough income, no problem solution fit, wrong target market, low customer adoption, too early, not enough demand, no real au
The Value Story
During Tulip Mania, the new merchant class who wanted their gardens to reflect their newfound success, is said to have traded acres of land for a single flower bulb. The scarcer the bulbs became, the more valuable they were perceived to be. As a commodity, the tulip’s inherent value was derived from
Who First?
The realisation of an opportunity to solve a problem for a specific group of people is at the heart of every business success story. Sometimes the potential customer already knows their problem or need exists, but often they are not actively looking for a solution. It’s hard to give answers to peopl
