Posts Tagged ‘Marketing’
Tuesday, January 24th, 2012
If Martin Lindstrom says something, I remember it. Why? Because I trust him. In this Fast Company article last month, he explains how that happens.
His theory: our brains store information by how much we trust the source. We link information to the emotional relationship we have with the community, the person, the media outlet where we found the information. Think about it: this happens all the time in politics. How many ideas were dismissed because of the news outlet they showed up in? Or because of the person who had the idea?
Perhaps this is a new standard we should apply to our content marketing efforts. Key question: do our ideas show up in high-trust places? Are there other places our best clients trust even more? Sounds like the old “throw content on the wall and see what sticks” doesn’t work anymore. Lindstrom has other ideas in this article as well. Click here to learn more.
Tags: branding, experts, Marketing, positioning, strategy, Vickie Sullivan
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Thursday, January 12th, 2012
As we enter 2012 with new vigor, it’s tempting to look around and see what you can revamp. Branding usually is on the short list. But not so fast. A band makeover can be expensive and time consuming. The key question: do you really need to overhaul or simply refine and redirect your brand?
This Fast Company article from last Fall has five questions that we experts can easily adapt to our own situation. Yes, the article uses big-company retail examples, but look past that. Ask yourself: are the new benchmarks that refine thought leaders on your side? Do you need to move your brand to a new segment or is there more growth where you are at?
Asking these questions first will not only help you decide on moving forward. You can also clarify what you want your new brand to do. Here’s the article and five questions.
Tags: branding, experts, Marketing, positioning, strategy, Vickie Sullivan
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Tuesday, December 13th, 2011
Ever wondered why there is so much educational stuff — white papers, videos, research, etc. — on the Internet? Well, perhaps because content marketing has surpasses more traditional strategies according to B2B Marketing Trends 2011 Survey by HiveFire, Inc.
Keep in mind the source of the survey: HiveFire is an online marketing tech company. But the findings point to good news for experts: content curation (finding relevant content and posting it) has grown 17% in just six months alone. More than half of respondents — 56% — report that content curation is part of the mix.
Translation: these folks don’t want to create all the content they distribute. They need our content and are looking for it. That means that there are more opportunities to get your perspective out there. Our challenge is to tap into this trend effectively. One idea: tap into the top two objectives: engage customers and drive sales.
So ask yourself: who can benefit from distributing your content? Whose customers can you engage? Those answers will point to your best starting point. Learn more with this summary. Registration required (no charge) to get the full report.
Tags: experts, Marketing, promotion, strategy, Vickie Sullivan
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Thursday, December 8th, 2011
Less talk and more interaction is in store for many conferences, according to a recent study on meeting trends presented at IMEX America event in October. Bottom line: shorter keynotes (15 to 20 minutes) followed by opportunities for personal interaction. My theory: the emphasis on access to the experts themselves rather than riveting information is a response to content marketing and all that other free stuff on the Internet. My prediction: your personal brand will become even more important. Your story will be just as relevant as your message.
Something else to consider: speaker previews are on the horizon, as more attendees want to choose which session to join. Watch for more requests for video clips to post on conference websites. Why do you care? This means that folks have to fall in love with you before the speech, not during it.
So ask yourself (honestly): why would attendees want personal access to you? Platitudes have become obsolete here. Creators or developers behind big cool projects are getting the inside track now.
See for yourself — here’s the article outlining the findings.
Tags: experts, Marketing, meetings, positioning, Speaking, strategy, Vickie Sullivan
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Tuesday, December 6th, 2011
Thanks to Joseph Pine and James Gilmore, we all know about the “experience economy”, the idea that the customer experience sometimes trumps the product itself. (Exhibit A: Starbucks.) The problem: other than great service, how do we experts create a branded experience? We don’t have stores to create the visual experience. Most of our work is done virtually or at the client’s office.
I think this Fast Company article has some ideas we can build on. Yes, the authors are referring to retail and electronics, but let’s apply some of the ideas to our situation. My favorite: idea #6, dealing with “trade-offs”. It’s one thing to have a clear point of view in our content marketing. It’s quite another to take a stand on sales conversations and client delivery.
The trade-offs can be delicate. I’ll use myself as an example. I believe that implementation is critical to getting value from my work. If a client doesn’t implement my findings, they won’t get the value. Period. So I watch how a potential client interacts during the sales process. Do they react quickly when we follow-up on their initial inquiry? Do they get me information when they say they will? Do they keep the follow-up appointments they agreed to? If not, I drop the prospect from our follow-up list. Why? Because I only work with those folks who I believe can make the necessary changes. If they are sloppy during the sales process, they will be sloppy in implementation. (And, no, I don’t tell folks they are sloppy. I just don’t take the assignment.)
Is this harsh? Maybe. But the reality is that by taking a stand, I design an experience — starting with the initial inquiry — that makes an interesting trade-off. I would rather spend the time talking to ten serious potentials, than field 100 inquiries from the non-qualified. My process reflects that trade-off. The result: less time on sales, more time working with fabulous clients.
What trade-offs are you willing to make?
Tags: branding, experts, Marketing, positioning, strategy, Vickie Sullivan
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Tuesday, November 29th, 2011
Good news: I’m back on U.S. soil. Had a blast teaching business owners in China how to stand out and outsmart their competition. A tip: professional guides are worth their weight in gold. Without them, I would have gotten lost in an instant. And they are great negotiators at those street markets, too.
I also learned: the business environment in China takes competition to a whole new level. According to an owner of a 200-employee PR agency: ”For every potential customer, there are dozens of agencies fighting for that assignment.” Not five or six like we have here. Dozens. Given that 22M people live in Beijing alone, I guess that’s not surprising.
Result: every customer is a result of a hard-fought battle. And it’s rarely a fair fight. Who wins: the person who takes advantage of every inside edge. And that’s my point. In this volatile marketplace, it’s not enough to be the best. You have to fight for every opportunity by using whatever advantage you have.
Tags: branding, competition, experts, Marketing, positioning, strategy, Vickie Sullivan
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Tuesday, November 22nd, 2011
IBM released their Global CMO (Chief Marketing Officer) study last month. I like the way they gathered the data: personal interviews with 1,734 CMO’s from 64 countries and 19 industries. This is how you find out where the bodies are buried.
Here are the top three imperatives according to the respondents:
- Delivering value to “empowered customers” — using all that data to figure out buying behavior and demand patterns.
- Creating relationships with those customers — over half say the answer lies in social media, with the focus of going beyond the transaction. Their key question: how to help the buyers enjoy their purchase.
- Measuring marketing impact on the business — so they can get their fair share of the budget and kudos.
The best news: a big majority (over 60%) believe they are unprepared for the above onslaught. What the most proactive are doing: focusing on relationships instead of transactions and creating a clear — alert! new buzzword coming up — “corporate character”.
If this isn’t an invitation to help, I don’t know what is. Don’t think that because you are not a marketing expert, you can’t take advantage of this. There are a lot of places to play in these initiatives. Click here for the summary and the full report.
Tags: consultants, experts, Marketing, opportunity, strategy, Vickie Sullivan
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Thursday, October 27th, 2011
The best thing I’ve learned in social media is how to have a conversation with people I disagree with. I’m happy to report that I can go to threads and respond without thinking someone is an idiot. (Well, most of the time.)
That said, I have come to believe that in the spirit of promotion, many of us have become too clever for our own good. For those of you doing the below, please know that the rest of us know you are just trying to promote yourself at our expense:
- Asking a provocative question and then pointing to your article: if you can’t give me insights in your post, I’m not clicking to learn more.
- Answer a question by saying, “hire me and find out.” Yes, I have seen several of these. Some even go the extra mile to say, “I’ve checked your website / video / material. It’s pretty bad, but I can still help.” I don’t even bother responding to these posts.
- Use the same answer for every question. One person was passionate about presentation skills. So guess how he answered every question? With generic platitudes about the importance of these skills. Poor man didn’t realize that if he had just given some specific ideas, folks would’ve seen him as a resource.
It’s tempting to justify all the time we spend on these discussions with slick tricks to promote our blogs and offers. My vote: don’t do it. Instead, if we focus on posting specifics with insights, both the participants and the lurkers will reach out.
Tags: consultants, conversations, experts, Marketing, positioning, social media, strategy, Vickie Sullivan
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Thursday, October 13th, 2011
Many experts think they are competitive because their business is growing. My response: depends on how you get clients.
Especially in the beginning, we build our business with what I call the “here’s my check” situations. We’ve become known in a few companies, and get hired time and time again. In those relationships, we are the sole source provider.
There’s nothing wrong with those gigs; it’s our reward for doing good work. The problem: assuming that because we got those assignments, we are ready to compete for buyers who don’t know us as well. The reality: there’s a big difference between competing against other providers and picking the low hanging fruit.
Going vertical will only grow our business so far. When that’s not enough, we have to position our expertise for a completely different environment, where the sale isn’t a given. Where buyers are overwhelmed with choices. Where we are being compared to criteria we don’t always control. That is competition. And requires a whole different plan of action.
So the next time you want to take your business to the next level, ask yourself this: am I really ready to compete? Or…should I go vertical and get more business from current clients?
Tags: consultants, conversations, experts, Marketing, positioning, strategy, Vickie Sullivan
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Tuesday, September 27th, 2011
Do you post content on social media and then…hear crickets chirping in the background? Here’s an interesting study on Facebook pages from Facebook and journalists with findings about what gets commented on and what doesn’t. My favorite findings:
- Posts with questions generate 70% more comments than the average post. Other top producers: clever language (120% increase) and asking for input (also a 120% increase). My thinking: these ideas are simple and can be implemented now. Major bang for our social media buck.
- Passionate debates and touching emotional stories generate two to three times the increase in feedback. My vote: the former is easier to implement than the latter for B2B experts. B2C experts do need more emotional posts.
- Checking in happens around the workday: morning, noon, after work, and late at night. My observation: those in the entrepreneurial space will find traffic on the weekends, too.
Many thanks to Dale Collie, who graciously shared this study via SpeakerNet News.
Analytical study on Facebook page from journalists
Tags: experts, Marketing, positioning, social media, strategy, Vickie Sullivan
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