Posts Tagged ‘success’
Thinking About Your Advantages
Every traditional car dealer sells a similar product. What can one Ford dealer do that his competitors in the next suburb can’t? There is very little he has a monopoly on. John is a car dealer who has been operating in Perth for 45 years, he periodically takes out a double page spread in the…
Read MoreHow Value Is Created
Value is created at the intersection of the customer’s worldview and your understanding of how your product meets that. If that’s hard to get your head around think about plugging a real world example into the model. Customer’s Worldview: Branded razors are expensive. The quality doesn’t reflect the price that I pay for them and…
Read MoreThe Myth Of Differentiation
If we did a blind taste test on Starbucks coffee would the result tell us that Starbucks sells the best coffee in the world? Probably not, but the facts don’t stop Starbucks succeeding. In theory differentiation is the way we create a tangible advantage. A method for giving people something to measure and a reason…
Read MoreWhy Strategy Must Come Before Tactics
What’s the best time to send a tweet? How do you develop a content strategy? What’s the easiest way to drive traffic to your website? How do you build a great landing page? If you can ‘Google’ the question and get an answer does that give you an unfair advantage over your competitors? Do you…
Read MoreMotivating People To Buy
Imagine you have taken your children on a day trip to the seaside. It’s the perfect day, the sun is shining, the waves are lapping the shore and you’re having a day that you’ll never forget. There is a new gelato shop across the street selling home made ices at $5 a scoop. Clearly as…
Read MoreWhere A Sale Begins
The sale of the first GoPro camera didn’t begin when the customer walked through the retailer’s door. It didn’t even begin with the huddle of engineers in the tiny innovation department at the factory. The first sale began in the lineup, as the surfers waited to catch a wave. A marketer’s story typically starts with…
Read MoreThe Battle For Your Customer’s Mind
You have no doubt seen the adverts for the Microsoft Surface Pro3….the tablet that’s a laptop. Microsoft goes ‘head to head’ with Apple again in this campaign and that’s the problem. Once you start asking the competition’s customers to rationalise choosing your product over theirs, you’ve misunderstood why people buy. Time and again advertising tries…
Read MoreClever Marketing
Do you remember those TV ads that succeeded in interrupting or engaging us for sixty seconds? That’s what we used to call clever marketing. Today, clever marketing is no longer about creating the best advertising campaign, it’s about understanding your customer’s worldview and how they want to feel—then delivering on that. Clever marketing creates value…
Read MoreThe Story Behind Your Metrics
Lines out the door. An email list that is growing at breakneck speed. Dozens of five star reviews on Yelp. More users, subscribers or members all adding to the value of your platform. These are the stuff entrepreneurial dreams are made of. Measuring growth and how it happens feels important. But ‘more’ isn’t the only…
Read MoreWho Will This Matter To?
Conventional innovation and marketing wisdom reminds us not to come up with good ideas for products or services to sell, but to solve problems instead. People need to eat, but don’t have time to cook, so open a cafe or design a new food processor with an extra chopping function. The result is six ‘me…
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