Apr 21, 2015 | Communication, Marketing, Small business, Social Media
I hate you
Small businesses are all aware of the power of Social Media, usually want to play, and mostly get it wrong. Following are the 11 Mistakes I have most often seen over the last few years. This is despite facebook being around since 2004, Twitter since 2006, and the others mostly 5 or 6 years, so you can’t really say this stuff is new anymore.
The application of Digital technology to marketing is the greatest innovation since Guttenberg put ink to paper. It offers small businesses the opportunity to be something other than bound by geographic boundaries and the economics of scale.
- You have no plan.
The last thing you want to do is overlook the first thing you should do every time you allocate some of your scarcest resources. Identify your target audience, do your research, determine your objectives, develop your content, and make your choices of the tools best suited. Then act accordingly, monitor results and improve, rinse and repeat.
- You are working solo.
Solo can be done but is really hard work. I picked up a typo in a mates newsletter a week or so ago, pointed out the page in an email, and he still could not see it. Working solo, you often miss what is right in front of you, and there are only so many things you can do yourself, so pick the ones you can do well, and are necessary, and ignore or outsource the rest.
- You think you are a writer
We are all taught to write at school, that does not make us writers. Of course, you’re not trying to be Hemingway, but quality writing makes a huge difference to the results, even in 140 characters.
- You fail to interest your audience.
Pretty obvious. We have so much blasting at us that we get little chance to impress, a fleeting second at best. Breaking through the mass of communication is critical. Best exercise I usually recommend is to haunt the shelves of your local newsagent for a while, read the headlines of the magazines. Those people know how to attract and interest an audience.
- You’re Not Being Yourself.
It is easier to outsource the blog posts and social media updates, but I recommend that you at the very least read and edit every post that goes out under your name. Authenticity is now almost a cliché, but that is why it is right. Unless you are Barak Obama, people will get annoyed that you are not writing the posts that are under your name. Social media is as much about opinions as they are facts, tell people what you think, recognising not all will agree, and perhaps even better some will dislike you and not come back, leaving a tighter group of advocates. Being a fake, bland, and opinion-less is a quick way to lose credibility and audience.
- You not consistent.
Be regular and predictable in the frequency and length of post, and keep the same style. To some extent this is inconsistent with the “be interesting” advice above, but it is a useful to be maintain the same persona. You would have trouble with a friend if they behaved inconsistently, sometimes late, sometimes early, often unpredictable and erratic. Once or twice can be fun, all the time is tiresome. Same in social media.
- You are careless.
Written communication is far more informal than it was in the past, but that is no excuse for typos, grammatical mistakes, and confusing messages. Some colloquialism and slang is OK, but a little goes a long way.
- You are not visual.
Human beings are visual animals, and visual is becoming easier by the day, so use it. There are many alternatives, stock images, your own shots, video, Instagram, vine, YouTube, and all the rest. Use it to make a point, stand out, and engage.
- You are not tracking the numbers.
This is the last, and most stupid of all, as well as being disturbingly common. The huge benefit of digital marketing is that suddenly, your efforts can be tracked, a genuine calculation of return can be made, suddenly we get to find out which half of our communication budget was being wasted before we had the numbers. if that is not enough, the free analytics are pretty comprehensive, more than most small businesses can easily use.
Apr 1, 2015 | Communication, Governance, Innovation, Leadership
How do you know
Some pretty smart people say some pretty dumb (with hindsight) things.
“Everything that can be invented has been invented.” Charles H. Duell, Commissioner, US Patent Office has been widely credited with this quote in 1899. He may not have said it, but it was reasonable at the time given the pace of innovation that had occurred for the previous 50 years. It is no sillier than Bill gates saying in 1981 that “640k should be enough for anybody”, or “Man will not fly for fifty years,” Wilbur Wright, 1901.
It is really hard to get a handle on all the stuff you do not know, by definition, you do not know you do not know it.
However, coming to grips with the opportunities that become available when you discover something from an unknown left field is where the gold is.
So how do you begin to see things you do not know you do not know?
This question is not common, but has come up a couple of times ion the last few years when working with clients with deep technical knowledge, but perhaps a narrower than ideal breadth.
In considering the answer, there appears to be few simple strategies to put in place:
- Be constantly and remorselessly curious, and ask questions. Anyone who has had kids knows that for a few years, the most common question they have is “why”. Go Back to your childhood, and ask why all the time.
- Have a diverse group of people around you who will challenge the thinking, preconceptions assumptions and most importantly, the status quo.
- Be prepared to give and receive honest feedback. There are rarely any right answers when you go looking for the unknown, just more questions, and the often unexpected and insightful responses you get from people, use them.
- Make sure others know you do not know, and are seeking answers, not offering solutions.
- Read widely and with great variety. This is now easier than it has ever been, we are overwhelmed with information sources, and the problem is curation and absorption rather than finding stuff out.
We are undoubtedly in a knowledge economy, competitive advantage is in knowledge, so gathering, sharing and leveraging it should be high on every enterprises agenda, from multinationals to the small business around the corner.
Mar 30, 2015 | Branding, Communication, Marketing
What is my position?
Over the years I have seen hundreds, probably thousands of statements of various kinds intended to position a company, product, opportunity, and most are crap.
As a marketing graduate decades ago, in one of my first challenging situations, an interview for a job I wanted, I was asked what “Positioning” meant. My answer which I realised at the time was waffle, indicated I really had no idea.
The answer now is pretty simple:
“Position is how customers and potential customers see your product, what it looks like through their eyes”.
Doesn’t matter if it is a position statement for a product, or a statement for business, the rules are pretty much the same;
Who is it for,
What is the need,
What is the product,
What is the key benefit to the buyer,
A competing alternative statement
Product name and differentiator.
For example:
For households
Who do not have enough room store all their stuff,
Ebay is an on line auction site
That offers access to thousands of potential buyers
Unlike advertising in local newspapers
Ebay will reach more buyers to get the best price and get you back some room.
Pretty simple really, but the construction takes some thought.
Feb 2, 2015 | Communication, Customers, Marketing, Small business, Social Media
courtesy toprankingblog.com
The purpose of a website is either commercial, or it is a hobby.
Assuming in most cases it is the former, the usual commercial rules apply, just because you have a website does not mean everyone apart perhaps from your mother will be excited.
So, to have a successful web presence the same 5 basic rules of marketing that have always applied, still apply:
- Understand the drivers of behaviour of those in your market
- Have a clear objective.
- Have a plan that lays out the “roadmap” to achieve the objective.
- Execute against the plan, but enabling learning from experience to occur whilst you do.
- Have a few key metrics to track performance towards the objective.
You can make this as complicated as you like, but it will generally not help, just confuse. Nowadays however, navigating through the digital tools and options available has become a job for a specialist, and that does not mean the pimply teenager down the road who is a Facebook maven.
A website is just another tool of commerce, the starting place that enables small businesses to communicate and compete in ways unimaginable 20 years ago. The digital revolution has also spawned a host of further tools to enable relationships and transactions, but the basics of finding a customer, engaging with them and moving towards a transaction have not changed one bit.
For small businesses too compete, they need to do a few things well:
- Have a really detailed customer profile. Demographic, geographic and behavioural knowledge and insights are what enables them to target messages specifically, as if to one person.
- Create and/or curate information of interest to this specific audience. Information that alerts, informs, and demonstrates your knowledge, has the opportunity to at some point in the targets future, to give them a reason to engage. There are myriads of tools to do this, from those that scrape social media platforms for key words, to following thought leaders and repackaging their ideas, to creating interest focussed newsletters automatically. However, don’t believe that any of this is easy, as you will be sorely disappointed.
- Open the chance of engagement. By simply making the target aware of the content, and giving them a reason to stay on your site or platform, you open the opportunity for engagement. This is where the tools really come in, to sort, organise, and direct the appropriate content automatically once set up. The reach of social media into most segments is now extremely deep, but increasingly the platforms are seeking to be paid for the provision of that reach to you. Advertising, but once you have someone’s attention, by whatever means, you need to make sure you do something useful with it, as you may not get a second chance.
- Engage the targets with the content, by demonstrating that you are the one who can and will deliver value at the time of a transaction.
- Enable the transaction. Often this doe not mean buying over the web, it is much broader, and encompasses all the elements of the sales as well as the logistics channels and after sales service.
- Retain the faith of the customer for future sales, and turn them into a source of referrals for you to their networks.
Again I say, none of this is easy, but the point is that none of it was available to small business just 20 years ago. There has been an immense democratisation of opportunity, make sure you use it, and when you need assistance, call me.
Jan 19, 2015 | Collaboration, Communication, Small business
Great communication is a two way street!
Working with a colleague over Christmas to assist in the development of a presentation that was a really important opportunity to build her personal brand with the audience. Creating presentations that work is a process, and hard work, so to start, we broke the task of building the presentation down into three components.
- Twitter Pitch. Twitter has its detractors, but the huge unintended benefit for those communicating ideas as distinct from the minutiae of their lives is that it forcse us to distill ideas into 140 characters, what I call the” twitter pitch“. Applying this discipline to the preparation of a presentation is usually the same sort of challenge as presented by developing the elevator pitch for your business. In this case, the challenge was to articulate in one sentence the central idea that was to be conveyed. Not easy.
- Know what you want to happen. Clarifying this really has three parts:
- Define what it is that you want the audience to know as a result of the presentation
- Know what you want the audience to feel during and after the presentation
- Know exactly what it is you want them to do with the information you provide, and deliver them the means to do it. A “call to action” if you like.
- Create a structure for the presentation that delivers on the points above. Again, there are three factors at work:
- Have a logical, sequential structure of some sort for the presentation.
- Gain the trust of the audience, listening but not believing is a waste of everyone’s time.
- Do it with feeling. People rarely remember facts, but they do clearly remember the emotions they felt while the facts were being recited. I do not remember the date of the assassination of JFK, but I do remember (yes, I am that bloody old) exactly what I was doing at the time, and how I and those around me reacted to the news.
Delivering a presentation is a difficult to obtain opportunity to sell. An idea, a product, your skills, the reason your business exists, it varies, but the common point is that those in the room have given you their time and attention, their most valuable resource, don’t waste it for them, and miss the opportunity for you.
On a final note, you may also notice that all of the above is in “threes”. For some reason I do not understand, the human brain is very efficient at remembering things in threes. If you organise your presentation into blocks of threes, you will be better able to manage the flow, remember the sequences and words, and deliver.
None of this is easy, and rarely is a great presentation prepared alone, and it is never done at the last moment and without practise and a critical eye.
Need a critical eye, and sounding board? I can help.
Jan 16, 2015 | Communication, Customers, Marketing, Small business
http://www.markstewart.net.au/wp-content/uploads/2014/01/women_chatting.jpg
Most would acknowledge that word of mouth is the most effective marketing channel there is, then promptly forget that fact as they set about preparing and implementing their programs.
Discounts, bundles, making ads, facebook likes, social media mentions, retweets and shares, and many other activities all get a guernsey, but when was the last time you explicitly set about creating word of mouth, real life endorsements, Margie from Marrickville telling her neighbor over the fence that your product is the best thing since sliced bread?
How much of your marketing budget has as its specific aim to create personal endorsements?
We all know that “WOM” is the original marketing channel, so I was surprised to see this research that reflected that only 28% of small businesses when asked to identify their best marketing channel noted Word of mouth in its proper place.
Have we just forgotten the basics, been seduced by the the welter of choices available?
Perhaps it is just the sample, choices, or that it is from the US, but I asked a small group last week a similar question, albeit open-ended, and word of mouth came in at about the same level.
We can now target messages to specific behaviors practiced by very discrete subgroups, why would we not seek to ensure we deliver outstanding value to them, then encourage them to spread the word amongst those they know who are similarly interested?
Word of mouth, the original and still the best social media platform.
