Archive for May, 2009

New trend in marketing meetings

Thursday, May 28th, 2009

Have marketing meetings been cut? Yep, but they are still the best game in town. EventView 2009 is out last month with fresh data as recent as February (and for research, that’s fast). What trend experts should care about most: the shift from event marketing to experience marketing.

What does this mean? Watch for storytelling experts to be golden, as buyers here shift from messages to stories that create engagement and follow through. The thinking: in this economy, buyers shift to what gets the most immediate result. Which in this case is “engagement and follow through.”

Want to know more about this pivotal research? Check out the key facts here: http://tinyurl.com/ce3rql

Change management for the masses

Tuesday, May 26th, 2009

Heads up change management experts: you still have work to do. New research from Right Management finds that thirty-one percent of employees are not able to adapt to changes at work. Not good for job effectiveness. So what is it? Are companies not getting the help they need or is the help they get not working?

My take: the best change messages are not reaching the masses. They’re stuck in the ivory towers of exec development, where big budgets (and therefore most experts) reside. Experts who can create experiences (such as games) that help the troops engage and embrace change will be in demand for years to come. How to do that? Redefine the obstacles to change then get out of the classroom and into real life situations. Create experiences that show how to assess and then act. Then…watch those zeros pile up in your bank account.

What you learn by teaching

Thursday, May 21st, 2009

OK…enough time has passed that I can write about this without crying. Last month, while preparing for the Here’s the Deal call comparing low and high fee brands, disaster struck. My “fur baby” Tigger got sick and wasn’t getting well. When I heard that forlorn meow Friday morning, I knew I had to make that long trip to the vet’s office. While waiting for my husband to get home, I had to deal with another deadline: writing the 14-page script for the call.

I was in no mood for messing around. I wanted to get the dang thing done so I could comfort my cat. Has that ever happened to you? Life gets in the way while you’re trying to be perfect? I take pride in creating the best content, but this time I really didn’t care. I sat down and wrote 14 single-spaced, 12-point font pages — in five hours. A land speed record for me, who is always searching for just the right phrase, for the most nuanced point. Not this time.

I gave the class the next Tuesday. We had a few minutes left over so I opened up the call for questions. There was a moment of silence. And then I heard two magical words from website expert Philippa Gamse: brilliant analysis. I was stunned beyond belief. Here’s what she wrote later:

“This week’s class was a totally brilliant analysis of two diametrically opposed business models – how they operate, who their markets are, what skills are involved, the pros and cons of each approach, etc. It left me personally in no doubt as to which course to follow! Of course, all your classes are brilliant — this one was just exceptionally so.”

Moral of the story: when disaster strikes, we are forced to focus only on what is most important. And that’s precisely what your clients want to hear.

Standing out in a sea of heavy hitters

Monday, May 18th, 2009

Got back from Harvard earlier this month. What I like best about being on the Women’s Leadership Board: hanging out with women who play to win. When you get together with brilliant people who have energy to execute on big ideas, you can rule the world. Which begs the question: how do you stand out in a group of heavy hitters? Here’s what worked for me: chose my target (branding and communication), consistently gave good ideas and offered help without drama or payback. The result: I’ve been invited to serve on the executive committee as the communications co-chair. The communications committee will focus on internal branding. Which is right up my alley. Can’t wait to see how this adventure unfolds…

Big branding blunder

Thursday, May 14th, 2009

Has this ever happened to you? A buyer will show great initial interest, then ignore your calls after you send the information they requested. Frustrating, isn’t it?

We drilled down on this at length on Tuesday’s Here’s the Deal call on competing in crowded markets. (You can purchase the MP3 file of the call here.) Here’s what takes place: in crowded markets, experts will cast the fishing net out wide, depending on the clever slogan to get initial attention. And it does. The buyer likes the witty play on words enough to ask for more information. (Which leads said expert to think, “YEA!! I’m gonna get this job!”) But when the buyer checks out the website or that speaker one-sheet, they find there’s nothing interesting past the slogan. That’s when wittiness isn’t enough for the next round of consideration and the brand-by-tagline expert is immediately disqualified. The buyer is busy, and really doesn’t know why you didn’t make the initial cut, so they don’t bother to return your calls.

The lesson: where there is money, there is competition. And in the heat of competition, it’s easy to brand ourselves with cleverness, thinking “If I just get my foot in the door, I’ll get the assignment” (or job, or speaking engagement, whatever). Don’t do it. Compete for the final round of consideration, not for the cheap thrill of “Sounds great, do you have any information I can look at?” You’ll spend a lot less time selling and more time closing.

Paying to stay positive

Tuesday, May 12th, 2009

What’s it worth to avoid negative publicity? Plenty according to Corporate America. A recent study from Association of Corporate Travel Executives reports that sixty percent of decision makers surveyed said they would avoid a perceived resort location for a corporate event in favor of a less opulent setting — even if rates were better in the resort city — to avoid negative perceptions (from media, Congress, employees who couldn’t go, etc.).

My take: avoiding witch hunts are expensive and worth every penny. Buyers believe that it’s better to pay more and be safe than to explain yourself to a hostile crowd. This is good news for experts in second-tier cities who want speaking engagements without the plane ride. Check your local convention and visitor bureau calendars. You’ll be surprised who’s meeting in your city.

What buyers pay big for

Thursday, May 7th, 2009

When the market gets crowded, the players start jockeying for position. They launch social media, redo their websites and speak in clever phrases but at the end of the day, the meassage is the same. And why not? Their mentor does the same thing and it works. The problem: jaded buyers only pay a premium for the original, not the copycats. And rewording already-out-there content doesn’t fool them one bit. What is available anywhere and everywhere goes for commodity prices.

Elite political consultant Amy Showalter tuned out the noise and focused on what was whispered but not discussed. She partnered with a research guy and blended his findings with her behind-the-scenes perspective. Result: an original point of view that drives high-end customized consulting and speaking in Corporate America. By calling the game on conventional wisdom with original observations, Amy made everyone else look like…well, everyone else. When the Fortune 500 companies and nattional trade associations are ready to increase political involvement, they look to her. And only her.

Amy didn’t do this by accident. I’m drilling down on strategies like hers at the May 12th Here’s the Deal call on competing in a crowded market. Click here to register.

The content bar has been raised

Tuesday, May 5th, 2009

Remember all those experts who spoke for free at association events? They are moving to webinars. And associations are concerned that their loyal membership will jump ship and not pay registration fees for their webinars. Make no mistake: in the bad ol’ days, these “presentations” were thinly veiled sales pitches, complete with exhaustive auto responders to pitch more. What’s happening now: the content bar has been raised. Some of these free sessions are actually pretty good. Which means if you want to charge for teleclasses and webinars, your content (and marketing) must be better than free. That’s why the next Here’s the Deal call will be on competing in a crowded market. Coming up on May 12th — click here to register.