Strategy
1,155 posts
Closing The Sale
It was a mid-week afternoon and the jewellery store was empty. Three assistants, and one customer shopping for a ring. A selection of diamonds was presented. The assistant talked about size and shape, colour and clarity, and a twelve week wait when she couldn’t find a ring to fit. The customer made
The Fortune Cookie Principle. The Keys To Telling Your Brand Story
I’ve been working to get my new book into your hands for the past nine months, so I’m thrilled to let you know that The Fortune Cookie Principle: The 20 Keys to a Great Brand Story and Why Your Business Needs One is now available on Amazon. The Kindle edition is on sale at the…
The Opportunity Of The Disconnection Economy
If there’s one thing I really hate it’s queuing. You too? And we’re not alone. Innovators are spending their time working on projects to make frustrated one-click, 21st century humans worry less about the time they might be wasting, just waiting. There are red traffic lights with countdowns that enc
You Don’t Need A Marketing Plan
Every business has a plan. Even if it’s written on the back of a Post-it note. The plan talks about the idea. Who it’s for. How to bring it to market, at what cost and how to get the word out. That final piece of the puzzle is your marketing plan, and yes it’s usually…
Why More Is The Wrong Place To Start
The end goal of all marketing is more. More customers or subscribers. More sales and increased profits. This is the reason business strategy questions and answers often begin, (and end) with the ‘how to’ of getting more. But more is the wrong place to start for two reasons. When you begin by asking,
7 Marketing Strategies That Work Better Than Advertising
Marketing used to mean advertising. If you wanted to sell something awareness on a mass scale was the shortcut. Remarkability or transparency didn’t have to be baked into your product. But we’ve come a long way from the days of Mad Men and the blurred line between getting noticed and being believed.
The Purpose Of Data
You know things about how people interact with your business or brand that you couldn’t possibly have known just a decade ago. You know how many people visited your website, from what country last night (or even right this second!). You know who sent them, how long they stayed and what held their at
Is It Time To Stop Advertising?
Last week I passed a moving kid at the side of the road, where cars sped by at 80km per hour. He was wearing a red sandwich board that screamed, “BUY ONE GET ONE FREE,” and had clearly been given instructions to dance about to attract more attention. I was 200 metres past him when…
What Kills Big Companies?
For over a century Kodak knew that what was important to its customers was “Kodak moments” not their innovation and patents, (well their marketers did anyway). And yet they failed to translate that knowing into staying relevant to their customers. “Sales + Customers = Nothing Broken is the formula f
Why Your Brand Doesn’t Need A Unique Selling Proposition
In the 90s Pampers’ ‘unique selling proposition’ (USP) claimed it was driest nappy on the market. Procter & Gamble prided itself on this benefit, investing heavily in research and development to maintain its USP. In the end that singular focus blinkered the company’s understanding about what mothers
Narrow And Deep Vs. The Market Of Everyone
When you were ten years old all any marketer needed to know about you, or the people in your street was that you owned a TV. In a world of limited choices big companies could afford to cast the net wide across the masses. No depth required. This tactic doesn’t work so well now that…
The Secret Of Disruptive Innovations
When the online eyewear retailer Warby Parker began selling boutique-quality glasses at a $95 price point they weren’t just trying to undercut the bigger players in the industry. Of course they did that and more, growing the company by 500% in just a year and mostly by word of mouth. The average cus
What Does Disney Do?
Only one thing. They set out to make people happy. The Mickey Mouse balloon sales are a pleasant side effect of that. A souvenir of that time when the visitor felt the way she wanted to feel. In business we often set out to sell the cause, forgetting that what’s really valuable is the effect.…
What’s Your Plan For The Other 364 Days?
It’s interesting to watch businesses of all stripes trying to attach a layer of Mother’s Day meaning to their brands. I’m not sure how you surprise your Mum with running shoes from the “40% off women’s sports shoe sale”. Finding a way to jump on the bandwagon of the day doesn’t take a lot of…
If You Don’t Like The Story Tell A Different One
The manager at Muffin Break is frustrated. Yet again she’s discovered a customer from the jam-packed sushi bar opposite sitting at one of her tables eating lunch. Of course she wastes no time asking the sushi-eater to leave. I wonder what would happen if instead of angrily telling people to move on,
The Real Job Of A Marketer
When a mother of two stands browsing the birthday cake supplies at the local Cook & Dine store she’s not imagining how well the piping bags will work. She’s imagining how she will feel when her little girl’s face lights up at the party on Sunday afternoon. We think our job is to change how…
Paying Attention To The Clues Your Customers Leave
“People tell us who they are, but we ignore it because we want them to be who we want them to be.” — Donald Draper Have you ever watched someone shopping? People touch things that catch their eye. They buy things that are not on their list because something changed how they feel in the…
It’s Business. It’s Personal
When did business stop being personal and become an activity we engage in? It wasn’t always this way. In 12000 BC when Obsidian was used for trades, business was about making fair exchanges of value based on trust. When pioneer farmers traded labour with their neighbours to make harvesting more effi
10 Ways To Make People Fall In Love With Your Brand Without Having Donald Draper On The Payroll
In the 60s there was no distinction between advertising and marketing. Everything has changed. 1. Create something that’s not for everyone. If you’re speaking to everyone you’re getting through to no one. Sanuk, shoes that are not shoes. Dollar Shave Club, shave tech for the enlightened. 2. Make a b
What People Want Then And Now
In the 70s and 80s you didn’t download music you owned it. If you cared enough about an artist or a song you had to wait for the vinyl to be pressed. Sometimes you waited in line hoping that EMI or Sony had sent enough copies to your local store. There you met other fans,…
