Posts Tagged ‘value’
Understanding The Value Gap
You may have noticed how commonplace complimentary gift wrapping has become this festive season. In years gone by this service was offered by bigger department stores or as a fundraiser for charities in local shopping centres. This year though it seems that every retailer from the bookstore to the pharmacy has decided that complimentary gift…
Read MoreThe Characteristics Of Successful Ideas
In an era when we have self-driving cars and delivery drones it’s still possible to encounter: Underwear with five uncomfortable care labels sewn into the seams. A beautiful teapot that becomes too heavy to lift when it’s full. Inconspicuous assembly instructions that confuse rather than clarify. Sports shoes that give the wearer blisters until they’re…
Read MoreThe Path To Business Growth
Sal was already sweating as she blustered into the gym on Monday morning. She sat down heavily on the bench in the changing room. The things she had hastily stuffed into her gym bag tumbled out as soon as she unzipped it. Sal stopped for a second, realising she hadn’t replaced the three-day-old sweat towel…
Read MoreWhy Story Sells
The bicycle store owner was walking the customer through the range of helmets that were suitable for her teenage son. He described and demonstrated the features and benefits of three models in various price ranges. The woman seemed unsure and looked for a moment like she was about to leave with a promise to come…
Read MoreWhat Are Your Marketing Goals?
We devote a lot of time to growing our businesses—often around the loose metric of ‘more’. It’s worth defining what ‘more’ looks like for your business. You get closer to your goals when you match effort to desired outcomes, and you can’t do that without understanding which numbers you’re trying to move the needle on.…
Read MoreWorth Vs. Worthy
As business leaders and entrepreneurs, much of our energy and resources are spent understanding how best to communicate our value to customers. Many of the most successful companies flip this thinking on its head. If we create things that are worthy of the time, attention and money of the people we hope to serve, we…
Read MoreMetrics For A Job Well Done
Every business has metrics for a job well done. We know when our sales are up and complaints are down. We can measure our organisation’s performance and success in a myriad of ways. For many businesses, success is measured in efficiencies and financial targets. Others choose to pay attention to customer’s success stories. The old…
Read MoreWhen To Fall In Love With Your Idea
Every business is founded on an assumption. We see a problem and propose a solution (maybe a new product or service), that we assume will be embraced with open arms. Before long we’ve fallen headlong for our idea, often without challenging our assumptions. Even with all the data in the world, it’s not possible to…
Read MoreHow To Tell A Brand Story Customers Believe In
It was a slow Wednesday morning, and the smell of freshly baked croissants wafted from the new French bakery. The store was almost empty, as were the display cabinets that should have been teeming with tempting pastries at this hour. The rock music blared. The bakery assistant who wore yesterday’s apron and a half-hearted smile,…
Read MoreThe Power Of A Value Strategy
The city centre 7-Eleven fulfils the need of a particular customer. It’s a place for the every day, unplanned or forgotten last-minute purchases, where the worker returning home from late shift might grab headache tablets or a pint of milk. Convenience stores are not trying to deliver a premium customer experience. The business is designed…
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