Jun 6, 2014 | Communication, Small business
Marketing is about telling stories, engaging people with them, which builds awareness, affinity, preference, and with luck, persistence, and good management, can lead to a transaction, or two.
Metaphors, when well used can make a complicated point in a memorable and understandable way.
Couple of weeks ago in a talk to a small group of SME owners about the rugged terrain of modern marketing, I used an old metaphor, a throwaway, in the midst of the conversation. I was surprised firstly that nobody had heard it before, and secondly at the sudden clarity it delivered to a complex message.
“When you go to the hardware to buy a 10mm drill” I said, “you do not really want a 10mm drill, what you want is a 10mm hole”.
An oldie but a goodie.
This morning on the copyblogger site I saw another one I really like. It goes something like: “To make a restaurant successful, you don’t really need the best location, best service, lowest prices, fascinating menus, and all the rest, you just need a starving crowd”.
Obviously, all the good features you will see touted around as people flog bum-spots in restaurants in a crowded market all helps. They are part of the means to the end, the way you deliver the service, but to be outrageously successful, what you really need is a starving crowd.
A good metaphor, like a good picture, clarifies, simplifies, amplifies, and makes memorable, the outcome of a complex conversation.
May 28, 2014 | Alliance management, Collaboration, Leadership, Small business
Mojowire.net.au
Tonight is the first Origin game of 2014, and so I expect to hear lots of people using sporting analogies over the next few weeks, particularly football.
Sporting analogies abound in business, “A team of champions does not make a champion team”
How many time have you heard that?
As management layers are removed, and the management culture evolves rapidly towards recognising the value of teams in a commercial context, we often use the sporting team as the foundation of the commercial team .
Familiarity, known skills, interpersonal relationships, all that stuff gets considered as a team is put together. Sometimes of course, in the real world teams are put together with whoever is to hand, has some spare time, is at the water cooler too often.
We confuse this simplified sporting stuff, useful in its own context, with the key components of a commercial team faced with commercial challenges.
In that case, you need a range of technical and domain skills, a questioning mentality, and a willingness to try things, and usually some diversity, some new or unusual blood being injected to create a sense of discomfort that always precedes game changing ideas and insights.
Unlike sporting events, which last for a hour, more or less, commercial challenges are way longer term, when the micro interaction is important more as a learning event than a game breaker.
May 22, 2014 | Change, Governance, Marketing, Small business
The future prediction business has so far failed to find a sustainable business model, apart from the fun stuff in the tent with the funny lady with the cards and crystal ball.
About the only serious people who still profess to be able to predict the future with any accuracy are politicians, and we all know how that usually turns out. The rest of us set about controlling what we can control, and preparing for the unexpected from the things we cannot.
By contrast, with some effort, staying on the leading edge is possible for all enterprises. Information is now so freely available, and consulting services whose stock in trade is “leading edge” whatever you want, so ubiquitous, you can stay in front of most if not all of your competition, and be aware of changes occurring so you are in the best position to leverage them.
Small and medium sized companies are best placed in this game of staying current, should they be prepared to make the commitment to do so.
Smaller companies can try stuff out, see if it adds value, and deploy in the time that their larger competitors take to organise the conference call to test if there may be a good idea in here somewhere. The only hurdle is that it does consume scarce resources, but when you see that consumption as an investment, the payoff can be huge.
In the marketing space, my hometown, the cost of testing has fallen so dramatically over the last decade that there is no longer any valid excuse not to be testing extensively.
So get on with it, apart from being strategically and competitively sensible, being at the front is where the fun is.
May 20, 2014 | Change, Communication, Leadership, Marketing, Small business
“Serendipity” . Luck that takes the form of finding valuable or pleasant things that are not looked for. Websters Dictionary.
My old Dad used to say “Son, the harder I work, the luckier I get” and it has usually worked out that way.
It follows then that if you combine the definition of Serendipity and Dads old chestnut, Serendipity can be managed.
How you ask!
- Recognise that Serendipity is a state of mind rather than a quantitative outcome, and should be managed that way.
- It requires a management culture that has everyone working together, “alignment of strategy and activity” as a popular management article would probably purr. A utopian notion, but doable.
- Ensure there is “spare” time allocated to staff to pursue ideas, contribute to collaborative activities, and look for improvements. Personnel whose performance measures are quantitative box ticking exercises are unlikely to risk compromising their KPI’s by allocating time to potentially serendipitous pursuits.
- Provide the forums for casual and social interaction. This can be done in all sorts of ways from the way the offices are designed to organising staff picnics.
- Encourage the behaviours you are seeking by publicly recognising it when it happens. Financial and organisational rewards are of little value, but is the social rewards that really count.
- Trust and respect are critical components of productive collaboration. Neither can allocated, both need to be earned. “Ideo“, the creative agency has it nailed, one of their core values is “Make others successful”. When everyone works to make others successful, trust and respect follow, and the culture tends to expel anyone who does not work with that culture and its behaviours.
The great benefit if success in these endeavours is that it will make your place a great place to work, and that ends up attracting the best talent, attracting interesting, challenging and rewarding customers, and making good money. A virtuous circle.
That’s how.
May 19, 2014 | Branding, Communication, Marketing, Small business
Imagehaven, Innovation by design
On several occasions last week I found myself frustrated that I could not find a piece of information I needed on a website, I knew it had to be there somewhere, it is just that someone had effectively if inadvertently hidden it. GGGRRRRR
Over the years I have asked many people, individually and in audiences, what for them constitutes the perfect website.
There have been many answers, but there are always three that recur almost every time:
- Simple, clear, and quick to navigate.
- The information needed is on the site.
- We know what to do next.
How easy is that?, yet how often do we find ourselves searching a site, getting frustrated before we move onto the next likely one in the search list.
Usually it appears that the confusion and clutter comes from a few common sources. Designers try and put all the information up front, rather than creating a hierarchy of information that reflects the way people search, they let their “designer” genes run riot with the result that there is simply too much “design”, or that the original design has been added to over time like a house that goes through a series of renovations and extensions and ends up just being a collection of rooms.
It is really just a question of thought being put into the design. The combination of white space, written information, graphics, and calls to action (CTA). There are many “rules” of design around, this article by Zoe Sadokierski from UTS offers some of the perspective of history, that can be usefully applied to website design, but a bit of common sense goes a long way.
Next time you set out to design a site, consider these three simple rules, or you could just call the gurus at Imagehaven.
May 6, 2014 | Change, Management, Marketing, retail, Small business
Courtesy High McLeod @ Gaping Void
Retail has changed, very quickly and in a fundamental way, but not for everyone.
Retailers, the blokes with the bricks and mortar still hold sway in most markets, but to varying degrees, and can continue to do so if they are as smart as they have been in the past.
Consumers no longer have to go down to the store to buy much of their stuff, their store increasingly is in the palm of their hand. That is fine for cameras, refrigerators, and perhaps baked beans in a can, but not so good for fresh produce, meat, fruit & veg, and dairy, categories that are driving the profitability of supermarket retailers.
If we know anything, we know new models will come to light.
In the past, producers needed retailers to break down their bulk product, whether it be jeans, baked beans or refrigerators, and sell to consumers, but now consumers can go direct. So, it is not just the retailers who face change, it is the producers.
Held to ransom for years by retail that in effect sold them retail real estate while selling to the consumers, suppliers have some leverage back, and a few of them are game enough to love it.
The question both needs to answer is how they can best meet the needs of the newly empowered by information, consumer, who does not really care who supplies them the product, it is just about the convenience, choice, delivery and price of a transaction.
Looked at from this perspective, the retailer has a role to play in the relationships consumers have with brands, and suppliers, but they must make their money from a different model, one that relies on the manner in which they “touch” the sales process, rather than being the one solely in charge.
Sales leads that come from social media and the web are still just as likely to generate a sale in a physical retailer as they are on the web, and given that web sales are still a small proportion of total sales, using the web should be a seen as an opportunity, a bonus, not a threat, as Tesco in Korea has demonstrated.
It is perhaps telling of the times that the ACCC is mounting a case against Coles for beating up on its suppliers to improve its earnings. Nothing new there, but Coles management has an obligation to maximise earnings for shareholders.
The horse has bolted.
SME’s in the Australian food supply chain are now a rare breed, killed off my the high $A, retailer housebrand strategies, the scale of multinational competition, and poor management. The two retailers seem to have realised that without local supply, their long term options are limited, and so seem to be softening their short term demands in recognition that the sustainability of the food production value chain is in their interests.
PS Earlier today, after the initial publication of this post, I became aware that Big Sister Foods had been put in the hands of the administrators. While Big Sister is an Aussie company, part of that small club of natives, it spent 20 years as a part of Reckitt & Coleman in the 70’s and 80’s. Sadly I am not surprised, as their current website is about the worst I have ever seen, perhaps indicative of the declining state of the business.
