Marketing
920 posts
Who Exactly Is It For?
Alec has been on the road since 4 am. He’s picked up three fares all morning. The arrival of Uber has hit him and other Melbourne taxi drivers hard. According to Alec, the taxi industry has seen a 40% decline. He says he earned as much twenty years ago as he does today. He complains…
Becoming The Obvious Choice
Today you will repeatedly engage in the process of persuasion. You will try to engage with someone in a way that convinces them to change their opinions, choices or actions—their mind or their behaviour. You will aim to persuade them that you or your product are the obvious choice. We tend to think
Should You Simplify Your Sales Script?
There’s a shop half-way down Smith Street that sells just about everything. Whatever you might need from a hammer to a cigarette lighter, a birthday card to an egg slicer they’ve got it. It’s the kind of shop that usually encourages browsing more than buying, where people wander around aimlessly ‘ju
The Downside Of Competing For Customers
The boardroom was ready. We each had a bottle of French sparkling water, a notebook and pen next to our seat. Delicious herbal tea and snacks were served on our arrival. We were meeting to discuss how best to tell a story that resonated with the client’s customers before the launch of a new marketin
The Empathy Profession
When I was growing up (and maybe when you were too), careers like medicine, nursing and teaching, were regarded as being part of the ’empathy profession’. Today, every one of us, from accountants to designers, CEOs to Astronauts, are in the ’empathy profession’. No business or brand can thrive witho
The Hallmarks Of Good Marketing
A real estate agent can generate more interest in a property by listing it well below the expected selling price. Underquoting is sometimes used as a marketing tactic to create a heightened sense of urgency in prospective buyers who don’t want to miss out. When the property sells for 30% above the q
Marketing Forwards
Lachie was a half-decent painter and decorator, but what he really had going for him was his youth and enthusiasm. He’d been in business long enough to reap some reward for his efforts, but not so long that he’d experienced the bust that inevitably followed the boom in Western Australia. Lachie had
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 intenti
Squaring 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 pas
What 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 marketer
Make 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…
Choosing To Be Better
Every business begins with a choice to be better. Not necessarily to be better than the competition, but to be a better option for the people it hopes to serve. As we become mired in the day-to-day work of business building, we can lose sight of our original intention. Nike’s Bill Bowerman chose to
Why Do You Want To Tell A Good Brand Story?
Why do you want to get better at storytelling? When I ask clients and potential clients that question, I get a mixed bag of answers. By far the most common reason is to increase brand awareness. Conventional wisdom argues that the more people who know about your product or service, the greater chanc
Who Cares?
It’s easy to assume that a delicious meal is about the magic that happens when the chef, who we think has the most skin in the game, directly influences the end product. Is the perfect plate of pasta a result of the quality of the ingredients or the skill of the chef? How much does…
Marketing 101
The queue outside Chinatown’s Golden Gate Bakery extends all the way down the street. More people join as customers are served, so the line never gets shorter. Sometimes people show up hoping to buy the famous egg custard tarts through the front door even when the bakery is closed. Locals know to co
How’s Business?
When Mr Ryan, the Dublin greengrocer, was asked how business was forty years ago he would likely have counted the day’s takings. But that wasn’t his only measure of success. The connection with loyal customers was the lifeblood of his business. Mr Ryan relied on repeat business. His survival depende
Storytellers Create Value
Melbourne’s newest bean to bar chocolate maker’s glass-walled factory and bright, airy cafe is stunning. Their packaging is beautiful, and their small-batch chocolate bars are delicious. The stage is set to deliver an incredible customer experience. And yet that experience promised on the roaster’s
Why You Should Choose Your Customers
Marketing tactics often centre around finding customers for our products. We devote as much (sometimes more) time to generating enthusiasm for what we make, sell or serve as we do to making, selling and serving. It’s important to tell a story that resonates with the right customer. We do that by bei
What’s More Important Than Noticing Trends?
Enlightened entrepreneurs and visionary leaders don’t simply try to predict the next hit. They spend less time wondering about what people are interested in and more time caring about why people are drawn to it. Yes, it’s important to notice trends, but it’s far more valuable to understand what’s dr
What Do Your Customers Thank You For?
As vulnerable humans, we’re brilliant at paying attention to threats in our midst. We are experts at mitigating against failure, which we trick ourselves into believing is the way to optimising for success. This tendency might explain our willingness to devote our resources to averting risk, solving
