value
679 posts
What Do You Want Your Brand Story To Do?
What’s the role of storytelling in your business? What are you expecting your brand story to do? Most of us tell stories to describe the value we create. Storytelling is a tactic used to convince or convert prospects to customers—a way to close the sale. We’re selling the power of story short. Befor
Why Not Make Something Great?
Like his grandfather, before him, Shane was in the textiles business. He made good socks for a living until the day he realised that pretty soon there would be no living to be made in a product that was good enough. His company was struggling to differentiate from and compete with big retailers who
Three Pillars Of Great Branding
There’s nothing extraordinary about the location of the vegetarian Mexican street food restaurant at the corner of a Fitzroy laneway. The tacos are good, not exceptional. The prices fair, not cheap. And yet, even on quiet Tuesday evenings, when other restaurants advertise specials to entice mid-week
The Limitations Of Marketing To Persuade
We assume sales and marketing are simply a case of fulfilling unspoken desires or unmet needs and making the people with those needs aware we’ve solved their problem. But there’s another piece of the marketing puzzle we often overlook—the doubts our customers must overcome. People don’t just want to
Attention Deficit
Worldwide ad spending for 2017 is expected to reach $583.91 billion. That’s an increase of 7.3% on last year. We spend extraordinary sums of money and disproportionate amounts of time trying to get people to notice us—often without being specific about the end we have in mind. No business ever died
Three Ways To Sell
If you want to get more comfortable about selling, it’s helpful to consider which of these three sales techniques you use and to assess how they’re working for you. Describing This is the most common way to sell—one you’ve likely experienced or used. Describing the specifications, features and benef
The Art Of Customer Loyalty
How many store loyalty cards do you have in your wallet? How many more will you be offered this week? Do you still carry a wallet? We’ve tried to turn customer loyalty into a data-driven science. A game of, if we do this, customers will do that. In our desire for something to measure, or…
The Work And Reward
The customer is not there when the flowers he ordered to be delivered on a special birthday are sent too early without his handwritten greeting—which is still paperclipped to the order book. The florist gets on with processing the rush of early morning deliveries. It’s one of those days when she’s j
The Opportunity In Shifting Expectations
Your customers are changing. You are changing too. Notice how impatient we get now if we are second or third in a queue. In our world of one-click-ordering, instant downloads and movie streaming, we believe waiting is unacceptable. ‘Why can’t they just open more checkouts?!’ While it’s true that you
Welcome To The Meaning Economy
In the 1950s and 60s when my parents were entering the workforce they created value by working with their hands in an Industrial Economy. Workers manufactured and moved things that would be consumed. In the era of the Information Economy, we began using our heads to produce value. We learned to use
Louder Than Words
We’re obsessed with finding the right words to communicate our value. We finesse our LinkedIn bios, agonise over product descriptions and sales pages. Of course, words have enormous power. But they are worthless without the actions that support them. It’s no good describing how great your product is
What Do The Best Salespeople Do?
A young couple spent a while ‘just looking’ in the furniture store before approaching a salesperson to ask about fabric choices on a particular sofa. She showed them the swatches and said nothing. The guy asked if they had anything like it—a large squashy four-seater in leather. They didn’t. “What s
The First Rule Of Standing Out
If you want to stand out, do the thing that’s in short supply. When everyone is fighting for attention, be the one who earns permission. When everyone is looking for an angle, be the one who acts with integrity. When everyone is chasing growth, be the one who deepens connection. When everyone seeks
Is Your Business Reacting Or Responding?
It was impossible to walk down any high street in June without running into a notice informing you fidget spinners were BACK IN STOCK. The fidget spinner was clearly ‘the thing’ of the moment. A month later we’re already beginning to witness its decline. Another fad bites the dust. A fad by definiti
The Value Of Subtraction
The call centre operator’s power is limited. He can’t bypass the company’s systems and processes. He is employed to apply a band-aid to the wound—buying the company some time until someone in another department (who he has no direct access to) can solve the problem. He should be empowered to delight
Noticed Vs. Remembered
For every ten things we do today to get noticed we will do one thing worthy of being remembered. The irony, of course, is what we want deep down is to do work that’s remembered—not just noticed. We only achieve that goal by redressing this imbalance—forsaking the desire for attention today, to doubl
Four Stories Every Business Needs
Every marketer knows he needs to tell his customers a story about what he’s creating—one he hopes will help them buy into his idea or buy his product. The second story is that of his existing customer and her relationship with his product or service. The best business leaders reflect on how using th
Why We Need To Redefine Greatness
By most conventional measures of success Uber is a great company. From a standing start in 2009 to a valuation of $70 billion early in 2017, the ride-hailing app has become the most valuable private technology company in the world. Uber has achieved the kind of growth many companies dream of and yet
Mean It Like You Say It
The Sunday ice-cream scooper at the gelato place on Spring Street makes new customers sample every flavour before they buy anything. She knows her gelato inside and out. Her enthusiasm is infectious. She reels off the most popular flavours and tells stories about how pistachio lovers always return t
The Incremental Advantage
Despite what we know about how distracted our customers can be and how endless their choices are, when it comes to our messaging and marketing, we often overestimate our ability to cut through. You only have to spend five minutes watching someone scrolling through a feed on their smartphone (try it)
