business
512 posts
Thinking Beyond Customer Needs
The couple at the cafe order two teas and one cake with two forks. The story the woman has told herself is that they are sharing the cake she ordered. Halving the damage. The guy quietly sips his tea as she slices the cake into squares and begins eating the smaller pieces, picking around the…
3 Questions Every Innovator Needs To Ask
Microsoft is discounting it’s ‘Surface’ tablet just to get traction in the market. Even with all their innovation and marketing firepower Microsoft can’t make people care enough to switch, or belong. Innovation isn’t just about making something that works well, (I’ve never used a Surface, but I’m gu
The Competition Isn’t Your Competition
Bread Society is a beautiful artisan bakery in Singapore (the website doesn’t do it justice). At the back of the store the bakers roll, and knead and prove in full view, whilst just in front an assistant packages delectable breads. Self serve cabinets filled with Chocolate Melon Brioche, Honey Lemon
Great Marketing: Begin With The End In Mind
The owner of my local beauty salon works really hard to make people feel special once they are through the door. She’s made improvements to the business in all sorts of ways since she took it over a year ago. This week I got an email from her, along with all the other people on…
The Attention Of Everyone And The Audience Of No One
It’s very tempting to create catch all messages, delivered in a way that will reach the most people. Logic says that if you have the attention of everyone, then you’ve got to reach someone. The problem with aiming for an audience of everyone is that while your message might be seen and heard, it doe
Offers Vs. Offerings
Every July, (winter here in Australia, maybe summer where you are) and six months out from Christmas the big chain stores have an all caps ‘TOY SALE’. The toys are unremarkable, and they are marketed in an unremarkable, 20% off, when they’re gone they’re gone kind of way. The lesson is don’t miss ou
10 Things A Brand Does
A brand….. 1. Creates meaning around your product or service. 2. Determines what you sell, where and when. 3. Dictates the price range you can sell at. 4. Influences the kind of customers you can sell to. 5. Changes how people feel about commodities. 6. Sets expectations. 7. Affects the kind of staf
The 20 Keys To A Brand Story
A brand story is more than a narrative. The story goes beyond the copy on a website, the text in a brochure, or the presentation used to pitch to investors. Your story isn’t just what you tell people. It’s what they believe about you based on the signals your brand sends. The story is a…
Return On Relevance
Have you noticed how you react lately to unsolicited email or a cold call? Our interruption tolerance threshold is decreasing at a rapid rate and businesses and advertisers know it. In Australia we even have a do not knock register. Are people demanding one where you live? The people you want to spe
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.
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…
Why I’m Doing This. Questioning What’s Important
It’s rumoured that Tumblr founder David Karp will get $250 million from the deal his company signed with Yahoo earlier this week. Do you think that’s what really matters to him? Was this the prize he had his eye on six years ago when he started? Could money have been the answer that was top…
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
