Posts Tagged ‘value’
The Difference Between A Weak Brand And A Strong Brand
The biggest mistake a brand can make is to try being all things to everyone. Weak brands settle for doing what’s easy or obvious. They appeal to the market of everyone, avoid the edges and thus become interchangeable with their competitors. Strong brands know they are this and not that. They intentionally aspire to be something…
Read MoreThe Choice
We know how the trip will pan out even before we get on the tram. The driver is agitated. He uses his bell accordingly. He repeatedly ‘dings’ three times, announcing his tram’s presence on the road. His bell is warning system—reflecting his mood. Everything becomes an emergency. How the driver operates the bell changes his…
Read MoreHow To Fill The Gap That’s Yours To Fill
No bookstore can stock more books than Amazon. No local clothing designer can launch a new range faster than Zara. No artisan chocolatier can sell chocolate cheaper than Cadbury. If there’s nothing your bigger, faster, cheaper competitors can’t do, how will your business keep up? How will you survive, let alone thrive? Your sustainable advantage…
Read MoreSquaring The Marketing Circle
The ‘60% OFF’ signs had attracted shoppers to the empty stall. Sales assistants tried to turn browsers into buyers by offering to help. One prospective customer asked if they had any circular rugs in the sale. The assistant showed her a square rug instead. “These are only $100,” she said. In the past, we’ve relied…
Read MoreBig 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 of pie has consequences. We fail to deliver…
Read MoreWhat The Best Marketers Do
I’m not sure when our attitude to marketing shifted. But it’s likely that it coincided with our ability to buy attention. The price of reaching more eyes and ears on flyers and billboards, radio and TV, seemed cheap compared to the effort of earning customer loyalty day after day. The great marketers of two generations…
Read MoreCreate The Future You Want To See
The best investment I ever made in myself and my business was buying a copy of Seth Godin’s book, Purple Cow. Seth taught me that remarkability was a choice. Just as business owners don’t work just to pay the bills, writers don’t write just so they can eat. They write to create the change they…
Read MoreThe Best Of Us
Our youngest son got his first paying job at a fast food restaurant this summer. He’d walked up and down the street handing out resumes for days and got a single call back. He was interviewed over the phone and invited in for trial one evening. He got the gig. Twenty dollars an hour and…
Read MoreHow To Craft A Powerful Message
The acceptance speeches are the highlight of every Oscars ceremony. I’m a sucker for them. It’s fascinating to see how the best communicators in the world share their personal message in a just minute or two. This year, actress Frances McDormand stole the show. This wasn’t an accident. Frances knew how she should craft her…
Read MoreMake Fewer Promises
It’s a Saturday night. Jeff, the on-call Planning Enforcement Officer for the local council, is just about to sit down to a takeaway meal and a movie with his wife when his phone rings. Residents close to a new nightclub want him to come and assess the noise levels at the venue. Even before the…
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