Posts Tagged ‘value’
The Extra Mile
In a challenging marketplace, it’s tempting to compete on value by aligning with what other businesses do. The companies that will win and keep customers in the future are the ones who do the things their competitors won’t do. It’s easier to keep step than it is to go the extra mile. That’s why it’s…
Read MoreShow Your Story
In the early 1960s, a Brooklyn tax clerk, named Jean Nidetch discovered a powerful and underutilised marketing technique. When Jean, who had been overweight for years, lost thirty kilos her friends asked her how she’d done it. She began sharing her diet secrets with half a dozen friends in her apartment. Jean’s diet club soon…
Read MoreTransactions Vs. Experiences
The hotel was nothing to write home about. You couldn’t really fault it either. The facilities, which matched the hotel’s star rating were as described. The room was clean. The bed was comfortable. The staff were efficient and polite. But—you knew there was a ‘but’ coming. The place lacked a spirit of generosity. It had…
Read MoreMarketing Efficacy And Expectations
When ‘meal replacement’ shakes first came to market they seemed like the answer to a dieter’s prayers. Replacing one or two regular meals with a calorie counted milkshake meant ingesting fewer calories, resulting in rapid weight loss. Meal replacements worked for some people for a little while. Those first few pounds often ‘fell off’. But…
Read MoreBeing Seen And Heard
The numbers vary, but the trend is unmistakable. The average consumer is subjected to more marketing messages every day. In a world where it’s harder to get noticed marketers have responded by trying to be more visible. Being noticed is the goal of most marketing. The irony is five seconds in the spotlight doesn’t make…
Read MoreAnother Time
During a high-intensity workout, the trainer reminds the athlete to treat every set as if it were the last. To train as if this was the only sixty seconds, he would cycle that day. In that moment, with that mindset he increases his effort, his performance intensifies and that changes his results. We often presume…
Read MorePeople Power
When a traveller books a $700 a night hotel room she assumes that she’ll have a five-star experience. She’s expecting more than a better bed, thicker carpets and fancier facilities. When a five-star hotel gets a one-star review, it’s an indication that something went badly wrong. Of course, guests and customers are disappointed for a…
Read MoreTo Do Or Not To Do
We wake every day with solid ideas and imperfect plans. And yet every day we stall. We blame time. We await readiness or motivation, or both. We rationalise about tomorrow being better. We make assumptions about what it takes to be good enough. We allow doubt and uncertainty to take hold. We wait. Forgetting that…
Read MoreMaking A Mark
Regular customers know when Effie has the day off from her job at the city centre convenience store. They sense her absence as soon as they walk in. The coffee machine hasn’t been cleaned. The shelves haven’t been restocked. The music isn’t playing. Customers aren’t stopping to chat. There’s a different energy about the place.…
Read MoreForget Which Way The Wind Is Blowing
When the disco diner opened on a warm Summer night in a flurry of pink neon, accompanied by loud music and cheap booze, the owner felt reassured he’d found his tribe. But as the evenings grew shorter and the nights colder, his confidence began to waver. The evolving messaging on a pair of sandwich boards…
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