entrepreneurship
349 posts
Why Are Your Customers Here?
The city centre bookstore manager complains to her colleague on the phone about people wandering in on their lunch break to browse because they have nothing else to do. “They’re not coming in for anything in particular.” she sighs. She’s right, for two hours every day hundreds of office workers with
Talk When Your Customers Are Listening
The Content Marketing Institute recently reported that Fortune 500 brands were missing an opportunity to increase engagement with Instagram followers because of the timing of their posts. It stands to reason that we have a better chance of being heard by our customers at times when they are listenin
Responsive Marketing
There are two approaches to selling memberships at the local gym. The first is to show the prospective member the facilities—highlighting the abundance of equipment and classes, and then to offer a ‘limited time only’ joining discount. The second is to spend time listening to the reasons why he want
Everything To Everyone
While I was consulting with a client last week we got talking about people who had built powerful personal brands and the reasons for their success. When we stopped at one in particular, her reaction was immediate. “I don’t like him.” she said, as her nose wrinkled. Of course, she has never met this
Why Startups Fail
Take a look at this list of reasons startup founders give for failing. These are just some of them. The cost of customer acquisition, ahead of its time, wrong positioning, not enough income, no problem solution fit, wrong target market, low customer adoption, too early, not enough demand, no real au
Are Your Marketing Goals Aligned With Customer Objectives?
As marketers, we often skip the important step of assessing our marketing goals against customer objectives. As a consequence, we fall in love with our message and forget to question what it is the customer needs to know or wants to hear. It’s not hard to check if this is true of your company—simply
The 12-Word Strategic Plan
Have you ever found it difficult to plan, communicate or execute on a project, idea or strategy? This 12-word framework will help you to get clear on where you’re headed and why—enabling you to lead yourself or your team and achieve your objectives. It works for projects big and small, both personal
How We Drive Change
When we want to improve our diet we monitor what we eat and how much we exercise. When we want to change a toddler’s behaviour we look for opportunities to praise the good, instead of constantly shouting down the bad. We measure and reward the behaviour we want. In organisations, the things we measu
A Reason To Come
“Hey! Are you after some lunch?” asked the young woman on the pavement waving flyers during the 1 pm rush. She gestured to a place on the side street as she tried to lure people down it with the promise of a discount. Most diners who eat at a restaurant down a side street go…
How Will You Win?
All success at some level is about winning. Not necessarily coming first, but certainly reaching some kind of goal or destination. The truth is that most of us are terrible at articulating exactly what the plan to get there is. The ability to do this is probably the single most important competitive
The 4 New Stages Of Customer Engagement
The commercial reality for any business is that sales keep the lights on. We’re still following rules that were proposed in the late 1800s by Elias St. Elmo Lewis in order to do that. “The mission of an advertisement is to sell goods. To do this, it must attract attention, of course; but attracting
Consumers Don’t Just Want Better Products, They Want Better Narratives
Sixty years ago, when the world was smaller, people wanted to pay once for something and for the thing to last. We transitioned to an era where we no longer knew as much about the provenance of a product. That fact changed our perception and expectations of quality. We were a little more forgiving a
Evaluating Opportunities
Opportunities are presented to us every day. It’s not always easy to discern which ones are worth taking and which ones to pass on. What questions do you ask yourself before you decide which to pursue or pass up? 10 Questions For Evaluating Opportunities 1. Why are we considering this opportunity? 2
Who First?
The realisation of an opportunity to solve a problem for a specific group of people is at the heart of every business success story. Sometimes the potential customer already knows their problem or need exists, but often they are not actively looking for a solution. It’s hard to give answers to peopl
What Is A Strategy?
In business, we use words that are designed to help us to better understand, articulate and achieve our objectives. Often those same words end up doing exactly the opposite. ‘Strategy’ is one of those words that can tie us up in knots if we allow it to. Imagine you’re on a riverbank. The place you…
The Instructions We’re Looking For
It was probably Stephen Covey’s ‘7 habits’ that got us addicted to the idea that success had a formula, one that could be pinned down by a number and executed in stages. Now we’re wired to seek it out. The headlines we see in our digital publications are proof. We are tempted by the notion…
Getting On Your Customer’s Radar
Many brands believe the biggest challenge they have is creating more brand awareness. If they could only get on the radar of potential customers then many of their problems would disappear. And yet brands like Macy’s and Ralph Lauren that have built awareness for decades are struggling to remain via
From Insights To Advantages
Chip Wilson discovered that women liked to look great when they exercised and feel comfortable when they didn’t. Lululemon pioneered the activewear trend way back in 1998—a market that is predicted to grow to $178 billion by 2019. Dave Gilboa worked out that we hate feeling ripped off and paying as
Quiet Success
Success for my parents, was having a fair day’s work to do, for a fair day’s pay. Success was having money left in your pay packet at the end of the week after the bills were paid. Success was having the wherewithal to take care of your family and contribute to your community—often in ways…
Where Do You Want Your Story To Land?
This is the story of two independent bookstores located on the same street, separated by a walkway and three cafes. The bigger store has a more spacious feel. They display most of their books face out in clearly labeled categories. New releases are showcased in easily accessible, neat piles on table
