Posts Tagged ‘intangible value’
Where’s Your Magic?
The long Sunday morning croissant line at Lune moves slowly and never gets any shorter. Not a single person in the queue complains or shoots a frustrated glance at the time that is clearly slipping by. The servers work slowly, carefully boxing each pastry as if it were made of porcelain. All the while the…
Read MoreGood To Do Vs. Right To Do
The brand new billboard spanned the four lanes of the freeway that led to the airport. The location was obviously a strategic move, given that the company being advertised was in the travel business. The gorgeous image of a lone traveller in the wilderness had likely been painstakingly chosen by the marketing department in consultation…
Read MoreFirst Impressions Vs. Lasting Impact
“What’s that new cafe like?” asked a business colleague from out of town. His question got me thinking about how much a negative response from a single customer could cost a business. What’s the lasting impact of a one bad experience? We can invest time and energy and money into the things we believe will…
Read MoreThe Simplest Way To Add Value
We just moved house. You can probably empathise—so many logistics to arrange and tiny details to keep in your head, no matter how much help you have. By 3pm on moving day we had Internet (no mean feat). At about 9pm we realised there was no hot water. Too late to contact anyone of course,…
Read MoreThe Downside Of Buying Attention
Some of the most sad and frustrated emails I get are from business owners who have invested money to get people to visit their websites. Often they have paid for search engine optimisation or Google AdWords and waited for the traffic to come—which is does, it just doesn’t always convert or deliver the result the…
Read MoreContext And The Value Story
How much is nail polish removal worth? It all depends on the circumstances in which it’s executed. Use a tissue and liquid remover at home and we’re talking a cent or two. Individually wrapped polish removal wipes for use on the go, cost as much as $1 each and a trip to the nail salon…
Read MoreWho Is This Not For?
When we spend time thinking about growing our businesses we tend to focus on our ideal customers—the people we know we want to matter to. A great way to get really specific about who you are creating your products and services for is to think about who they are not for. The temptation in the…
Read MoreThe Generous Marketer
Implements long-term strategies, rather than relying on short-term tactics. Puts the desires of the customer before the urgency of his business goals. Knows that mattering to his customers is the key to success. Cares about affinity, more than awareness. Notices, before asking to be noticed. Listens twice as much as he talks. Does not interrupt…
Read MoreA Brand Of Magic
The chairs were out of stock. A delivery was expected some time in December, it might clear customs by January. The sales assistant described the import logistics and company policy. She detailed the 55% deposit terms on all orders placed and made sure to add her name to the written quotation the customer had not…
Read MoreIn Praise Of Intangible Value
What did they do to create value? Design a new portable music player or give you 1,000 songs in your pocket? Serve coffee at $4 a cup or become ‘the third place’? Create a platform where people can rent a room or make them feel like they belong anywhere? Start a photo printing service or…
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