Posts Tagged ‘innovation’
In Praise Of Curiosity
Not so long ago conversations with strangers just happened anywhere and everywhere. This was especially true in Dublin where I grew up. It was not unusual for someone you’d never met to practically tell you their life story while you were standing waiting for the 16A bus into the city. Showing an interest in other…
Read MoreKnowing 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 points (often before…
Read MoreExactly What To Do
When faced with a challenge, we seek out a sure-fire solution. We want to know exactly what to do. We long for the step-by-step guide. The right answer. A formula to follow and faithfully replicate. Formulas work. They give us the answer to questions that have been asked before. But it’s only by being willing…
Read MoreKeeping Score
Kill rivals, don’t collaborate. That’s what “fire-in-the-belly visionaries” do. The recent article in the Financial Review was reporting remarks from a speaker at their innovation summit. In his opinion, Australian businesses are too friendly. If we are to survive, we need to behave more like Amazon and Uber—”hyper-competitive, Darwinian killing machines.” A reminder of how…
Read MoreWhy Not Make Something Great?
Like his grandfather, before him, Shane was in the textiles business. He made good socks for a living until the day he realised that pretty soon there would be no living to be made in a product that was good enough. His company was struggling to differentiate from and compete with big retailers who could…
Read MoreWe And Us
The group of colleagues on a business trip say goodbye as they board their respective flights. The boss congratulates them on a job well done. Their smiles slip as soon as he’s out of earshot. How could he possibly think that meeting was a success? The company is just going from bad to worse. It’s…
Read MoreThe Art Of Customer Loyalty
How many store loyalty cards do you have in your wallet? How many more will you be offered this week? Do you still carry a wallet? We’ve tried to turn customer loyalty into a data-driven science. A game of, if we do this, customers will do that. In our desire for something to measure, or…
Read MoreThe Opportunity In Shifting Expectations
Your customers are changing. You are changing too. Notice how impatient we get now if we are second or third in a queue. In our world of one-click-ordering, instant downloads and movie streaming, we believe waiting is unacceptable. ‘Why can’t they just open more checkouts?!’ While it’s true that you can’t please all of the…
Read MoreAnticipating The Next Move
Every successful business strategy is dependent upon making a good decision about the next move. In a commercial world, we spend a lot of time planning to create growth. Often those plans rely on getting the customer to do what we want them to do—so we can make our next move. The businesses that not…
Read MoreHow Much Do The Answers Matter?
Asking questions is a big part of our job whatever our role. We know we can enhance our products and services and improve client outcomes by asking the right ones and acting on the answers. So we send surveys. We listen to what people say and watch what they do. We go to the trouble…
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