Showing posts with label books. Show all posts
Showing posts with label books. Show all posts

Saturday, January 30, 2010

Buy this Book or


... NO ANIMALS WERE HURT IN THE CREATION OF THIS BLOG.

Despite the magazine cover...

I've been meaning to do a review of Seth Godin's latest book, but...

I have not yet finished reading it.

I'll read a few pages and then I have to stop and reflect.

I even received an advance copy 2 weeks before it was available to the public.

I recommended it to a class of college students after reading the first 15 pages.

This is an important book for you and those around you.

But I don't want you to wait for me to finish reading it before you start reading it...

So:





Earlier this week, I found this in my email from the Church of the Customer Blog:

Why it's important to be a linchpin and an artist

Posted: 07 Jan 2010 02:11 PM PST

Linchpin If you want to succeed in today's world of work, author Seth Godin says you should focus on being a "linchpin." That's the title of his new book, so we asked him a few questions about it.

Q: What is a linchpin, and why is it important to become one?

A linchpin is the part you can't live without, the thing that makes a difference. In every organization there are one (or several) people like this. It might be the brilliant inventor who creates the impossible, but it's far more likely to be the great sales rep or customer service person who makes a connection, or the marketer who knows how to tell a story that resonates.

In a post-factory world, manning the assembly line isn't so critical. Stuffing the candies into the boxes, running the punch press, following the manual... these are easily replaced roles, ones where neither the worker nor the organization gains much on the margin. If you want real job satisfaction and security, then, you need to figure out how to do the unexpected, to do work that matters and to create human interactions.


Q: You talk about linchpins being artists. What's the difference between a conventional marketer and one who thinks like an artist? Can you give an example of a marketer who is an artist?


Art, by my definition, has nothing to do with painting and everything to do with connecting with people in a generous way and causing a change to take place. A movie director is making art when she makes you cry. A product designer creates art when the UI is better than it needs to be and it creates efficiency or even joy. Marketers can find plenty of Dummies books and manuals and insider PDFs that demonstrate, step by step, how to follow the rules. That's easy and not particularly valuable. A marketer becomes an artist when she goes out on a limb, does the unexpected or the risky and makes a difference.


I'd argue that you two do art when you stand up and give a talk about the
1%. Or Biz Stone was an artist when he figured out how to launch and scale Twitter's marketing. Or Scott Monty at Ford when he does a car show rollout that bypasses the cocktail parties at AutoWeek in favor of individual interviews with social media mavens. The second time someone does something, it's a copy. The first time, it's art.

Q: We understand the concept of "physical labor" when it comes to work, but you stress the importance of "emotional labor." What do you mean by that, and can you give us an example?


I don't know about you, but I haven't gotten paid to do physical labor in a really long time. Maybe typing.

Emotional labor is the act of smiling when you're scared, or getting on a plane when you're tired. It's dreaming when you don't feel like dreaming, caring when the other person is (frankly) acting like a jerk. Emotional labor is work with your heart and your soul and your feelings. We seem to feel it should be easy, but it's not. It is, though, important.

Q: We love this quote in the book: "The easier it is to quantify, the less it's worth." Can you tell us, and our MBA friends, why this is true?

If you can quantify it, then probably someone before you figured out a why to grind it out. And if you can grind it out, someone can grind it out cheaper than you can.

On the other hand, the really valuable stuff, the stuff we pay a lot for, is unquantified. Things like creating joy or security or happiness. No easy measurements for those, thus they are art, and art is always worth more than the predicted.


We measure the quantified because we can. But we should create the unquantified because it's so rare.

Q: Our lizard brain tells us to "Shut up. Don't stand out. Don't speak out. Blend in." If we want to be a linchpin, how do we silence this negative part of our brain?

Steve Pressfield calls this the resistance. The voice in your head that destroys your art. There are a myriad of ways to defeat it. You can distract it. You can trick it. You can steamroll it. You can seduce it with small steps. I'm not sure there's one best technique, but I know for certain that it must be done. My book has only one goal: to sell you on committing to this very task.

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Monday, December 14, 2009

Free E-Book on What Matters Now

I wasn't planning on posting two articles from Seth today, but when this arrived in my email this morning, I wanted to get it to you "lickety-split":



What Matters Now: get the free ebook

Now, more than ever, we need to shake things up.

Newauthors

Now, more than ever, we need a different way of thinking, a useful way to focus and the energy to turn the game around. I hope a new ebook I've organized will get you started on that path. It took months, but I think you'll find it worth it the effort.

Here are more than seventy big thinkers, each sharing an idea for you to think about as we head into the new year. From bestselling author Elizabeth Gilbert to brilliant tech thinker Kevin Kelly, from publisher Tim O'Reilly to radio host Dave Ramsey, there are some important people riffing about important ideas here. The ebook includes Tom Peters, Jackie Huba and Jason Fried, along with Gina Trapani, Bill Taylor and Alan Webber.

Here's the deal: it's free. Download it here. Or from any of the many sites around the web that are posting it with insightful commentary. Tweet it, email it, post it on your own site. I think it might be fun to make up your own riff and post it on your blog or online profile as well. It's a good exercise. Can we get this in the hands of 5 million people? You can find an easy to use version on Scribd as well and from wepapers. Please share.

2downloadfree Have fun. Here's to a year with ideas even bigger than these.

Here's a lens with all the links plus an astonishing array of books by our authors.

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Saturday, August 08, 2009

A Free E-Book on...

...how to write a Free E-Book! From Content Marketing:

How to Create an E-Book That Will Benefit Your Customers and Your Company

Posted: 04 Aug 2009 03:51 PM PDT

ebook ebook kranz The E-Book E-Book Is the Perfect Example of Content Marketing That Helps You Be a Much More Effective Content Marketer

You have to love it when a great marketing guy completes the content marketing circle. That’s exactly what Jonathan Kranz has done in his new E-Book E-Book which teaches its readers exactly how to create an effective e-book that will, in turn, serve as an effective content marketing vehicle for their organizations.

Jonathan is true to the content marketing credo. He provides relevant and compelling content for free. He proves that he understands how to create a great e-book by creating a great e-book. In so doing, he makes himself a trusted source of information whom we would be comfortable hiring to help us with our content marketing. It just doesn’t get any better.

Here are my top 10 takeaways from this terrific e-book:

  1. Make sure you have something worth saying. If you don’t, your e-book will flop.
  2. When searching for ideas, think about how you can solve a problem, help your customers succeed or both.
  3. It is okay and even important to frame the debate in your favor. That is, if your company is particularly good at solving certain sets of problems, focus on how important it is to solve those very problems.
  4. You do not have to be positive throughout. In fact, building up the potential danger of failing to solve a problem builds dramatic tension that will keep your readers engaged from beginning to end. This is akin to the old sales technique of scaring the heck out of your customer before you show him how you can get him out of the frying pan.
  5. Organize your e-book in short, easily digestible sections. This makes your content much more appealing to time-starved, short attention span business executives.
  6. Although organizing by lists may seem old hat, it works. Lists make for a simple and understandable way of organizing almost any kind of content.
  7. Real life case studies add meat to your e-book bones as you take your case study protagonists from challenge to solution to results.
  8. Be generous with sidebars, callouts, and graphics. These will make your written content even more easily digestible and understandable.
  9. A compelling introduction is vital because it sets the stage for the content to come and lets your reader know that you understand his problems and will be providing solutions that are relevant to him.
  10. When you wrap up your e-book, make sure that you lead your reader to the all important next steps that he must take in order to achieve the positive results you have shown to be possible in your e-book.

If you’re trying to figure out how to use e-books as a core component of your content marketing strategy, this is absolute must reading. Of course, since this is a perfect example of content marketing, it’s also free. Click here to get Jonathan’s E-Book E-Book.

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Monday, August 03, 2009

Marketing Professional Services


Over the years, I worked with a huge variety of business and organizations helping with their marketing and advertising campaigns. The short list includes:

  • Car Dealers
  • Dentists
  • Carpet Stores
  • Lawyers
  • Transmission Shops
  • Financial Planners
  • Cell phone retailers
  • Dentists
  • Mortgage Brokers
  • Autobody shops
  • Chiropractors
  • Coffee Shops
  • Concert Promoters
I could continue, but I said this was just the Short List.

At least 1/2 of my clients are in the Professional Services Classification. Recently I was given an advance copy of the book, Professional Services Marketing to read and review.

Marketing Professional Services can be very different than marketing Retail Goods and Services, and with the changes in technology, expansion of media, communication and entertainment options, a book like this one, is a good starting point.

Earlier today, I presented predictions for the future of marketing and advertising.

And by ordering online through their website, they have also included bonus material which you can access. Click here for all the details and a sample chapter of the book.

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Saturday, July 25, 2009

Free E-book


This is a series that I highly recommend.

Click here to get the pdf.

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Monday, January 05, 2009

100 Marketing Secrets (Free E-Book)

From Drew's Marketing Minute:

The Marketing Minute


100 best kept marketing secrets - free ebook

Posted: 03 Jan 2009 06:52 AM CST

32150876 Small Business Trends has put together 100 of the best kept marketing secrets, dished out by 100 marketing experts (they could only find 99 experts, so my tip is on page 12)

Anita Campbell, the publisher of Small Business Trends, made these observations about the secrets revealed in the book:

Throughout the submitted tips, I noticed three themes over and over:

Simple and inexpensive tools are more popular than complex or pricey approaches. “Duh!” you might be thinking. “Isn’t it obvious that entrepreneurs and small businesses, being on tight budgets, would favor low-cost approaches?”

Well, yes and no. What was surprising is just how many of the tips cost literally nothing but your time. A large proportion of others, such as those that focused on using business cards or blogging, can be done for hundreds, not thousands, of dollars. So don’t be tempted to throw up your hands and say “I can’t afford marketing.” You can.


Authenticity, friendliness and relationships matter. When you count your customers in the single or double digits, as opposed to the thousands or hundreds of thousands, relationships tend to matter much more deeply. The importance of smiling and being friendly was brought up again and again. Doing something nice for others and being yourself were common themes.

Most small businesses are NOT about mass marketing campaigns. Instead, we rely on attracting and retaining a relatively small number of customers to be successful. A solo consultant or small Web design firm may have as few as five or six regular customers. For small businesses, investing in relationship building goes a long way.


Creative online marketing plays a key role. We drew tips from those who are active online, so on the one hand you might think that the results would naturally be skewed toward online marketing. And to a degree I suppose that’s true. But I was surprised by the sophistication of the online marketing—especially on limited budgets.

Some of the online approaches are very detailed and go far beyond the plain-vanilla “create a nice Web site” type of advice. A number of the small-business marketing techniques represented in this document get into advanced online marketing, including social media marketing.

While you're certainly read some of the tips and think...well, duh...there's plenty of good thinking among the 100 tips. If you get just a handful of new ideas, it's well worth your time.

Download the e-book for free right here.

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Thursday, December 25, 2008

Free E-Book From Jill Konrath


Just in time for Christmas, I've added another free book offer from Jill Konrath:

What's the one thing sellers should
focus on in today's uncertain economy?
That's the question we posed to the top sales experts who came to the 2008 Sales SheBang. Of course, these creative sales strategists had a million ideas they wanted to share, but we held firm to "one."
So that's what you'll find in Keep Your Sales Up in a Down Economy, the complimentary ebook we created for you. Just one big idea from each of these successful sales pros. Please share it with your colleagues too!
2008 Sales SheBang Sisterhood Contributors
Ardath Albee
Marketing Interactions
Kendra Lee
KLA Group
Nancy Bleeke
Sales Productivity Insider
Anne Miller
Chiron Associates
Leslie Buterin
ColdCallingNetNews.com
Debbie Mrazek
The Sales Company
Danita Bye
Sales Growth Specialists
Lori Richardson
Score More Sales
Kim Duke
SalesDivas.com
Wendie Pett
Wendie Pett Enterprises
Colleen Francis
Engage Selling Solutions
Lynn Schleeter, Director
Center for Sales Innovation
Jill Harrington
Potential2Performance.ca
Tonya Signa
Signature Marketing Services
Brooke Green
Caskey Training &
Ultimate Sales Chick
Colleen Stanley
Sales Leadership, Inc.
Lynn Hidy
UpYourTelesales.com
Susan Zimmerman
Mindful Action Planning
Jill Konrath
SellingtoBigCompanies.com
Download: "Keep Your Sales Up in a Down Economy" now!

Jill Konrath, author of Selling to Big Companies, helps sellers crack into corporate accounts, shorten sales cycles and win big contracts. She is a frequent speaker at annual sales meetings and association events. For more articles like this, visit http://www.SellingtoBigCompanies.com . Get a free Sales Call Planning Guide ($19.95 value) when you sign up for the Selling to Big Companies e-newsletter.

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Thursday, December 04, 2008

Another Free Marketing E-Book: Doing it Disney-Style


Drew at the Marketing Minute gets a lot of repostings here at Collective Wisdom. Because I like what he has to say and he writes a lot.

Recently he sent this link: Marketing Lessons From Walt Disney.

Click on it, save it, read it, and smile.

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Sunday, October 26, 2008

Book Review

Besides trade publications, blogs, and the internet, I urge you to do some good old fashioned book reading. On the right side of this page are a few books that I highly recommend, and you can click on them and order directly from Amazon.

Drew at the Marketing Minute has another book recommendation:

Book Review: The Authentic Brand

Posted: 24 Oct 2008 11:47 PM CDT

26120892I just finished the book The Authentic Brand written by Christopher Rosica, CEO of Rosica Strategic Public Relations. It's a cotton candy sort of read. Lots of good stories and some sticky fun.

Rosica did some in-depth interviews with the business leaders listed below. He mixes their comments with his own take on how these entrepreneurs developed authentic brands.

  • Wally Amos of Famous Amos Cookies
  • Jerry Baldwin of Starbucks
  • Bobbi Brown of Bobbi Brown Cosmetics
  • Ben Cohen & Jerry Greenfield of Ben and Jerry’s
  • Gary Hirshberg of Stonyfield Farm
  • Jim Kock of Samuel Adams Beer
  • David Neeleman of JetBlue Airways
  • David Oreck of Oreck Corporation
  • Roxanne Quimby of Burt’s Bees
  • Andy and Kate Spade of Kate Spade
  • Jeff Taylor of Monster.com

The book tackles topics like marketing strategies, leadership traits, and customer service practices from each of the entrepreneurs' perspectives.

The aspect of the book that I appreciated the most, as a business owner, is that in many of the interviews, the big name entrepreneurs talk as much about their failings as they do their successes. I've always thought there was more to be learned from the mistakes than the triumphs.

I think you'll find yourself quoting some of the stories and hopefully apply some of the lessons learned.

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Wednesday, October 15, 2008

Re-invent, or Re-mind?


Sometimes it makes sense to re-invent the wheel, sometimes that's not the best way to go.

In the following piece that Seth Godin wrote recently, remember that no matter which way you go, people already have their own reference points, you are not creating in a vacuum.

What does this remind you of?

Every time you visit a new website, enter a new airport, visit a new store, examine a new book... the question you ask first off is, "what's this like?"

At a strange airport, if it's 'like' your airport, you know just what to do. It's easy. If it's totally different, you have to stop, regroup, and start to understand what's involved.

If a book has cheap color separations, the wrong sort of gloss on the cover and the wrong hue to the paper, it just feels cheap and self-published and unlikely to be the real deal. It doesn't matter a bit what's inside, who wrote it, anything. You've already decided because this book reminds you of untrustworthy books you've encountered before.

Visit a website with a brown on brown color scheme, a stock photo of a nautilus, some flashing graphics, a bunch of widgets and a typeface that's not quite right, and you've already decided how you feel. Entirely based on the fact that this site is like those sites, and you didn't like those sites.

Meet someone at a conference who is dressed perfectly, with shined shoes and a great suit (but not trying too hard) and you're inclined to trust and respect him... because he reminds you of someone in a similar situation who was trustworthy.

Obvious, right?

So why do marketers so often miss this shortcut? Before you make what you're going to make, find something you want people to be reminded of. Feel free to discard this model if you want to make a point (the ipod did not remind you of a Sony CD player), but discard it on purpose. If you're writing a book, for example, your goal (probably) isn't to reinvent what it means to be a book. You're merely trying to reinvent the words and ideas. So when it comes to the jacket and the type, steal relentlessly. Your audience will thank you, because it's one less thing to process.

When in doubt, ask your colleagues, "what does this remind you of?"

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Saturday, October 04, 2008

Recomending Reading


First of all, on the right side of this page is a display of books that you can click on and buy direct from Amazon. Each of these books, I recommend, because I have read them and gained wisdom and inspiration from them.

For some other suggested reading, the folks at the THINKing blog have some recommendations:

THINKing

Link to THINKing

Random Readings

Posted: 01 Oct 2008 01:35 PM CDT

A few things I’ve been reading.

Businesses: Get Your Social Media On
Almost 60 percent of Americans interact with companies on a social media Web site, and one in four interact more than once per week. These are among the findings of the 2008 Cone Business in Social Media Study.

Create Viral Content With Two Household Ingredients
Whether the communication is advertising, marketing or public relations, it all has a viral potential. Done right, and a message catches the attention of folks and spreads from one to the next.

Surprise For WOM Success
Emotional engagement is the key to viral marketing success. People share their everyday experiences by communicating them to others in and outside of their network. This social sharing is more rampant when the individuals develop intense feelings like fear, disgust, sadness, joy, anger and surprise.

Here’s To Knowing Your Audience
The first rule of communications, and thus the first rule of social media, is to know your audience. (Take a tip from Jason Falls and find out all you can about your audience.)

13 Tips On How To Have Great Conversations On Your Blog
What I do want to focus on in this post goes beyond getting comments and how to grow ‘conversations’ (something that I think is a little deeper). There is some overlap - but I hope this post goes beyond that previous one.

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Saturday, September 27, 2008

Marketing Wisdom for Tough Times

Books to Check out:

The Marketing Minute


Brace your business for the bumpy road

Posted: 18 Sep 2008 09:17 AM CDT

26548894

Banks failing, gas prices rising, and the credit crunch pinching -- no wonder business people are nervous. These are scary times.

But they don't have to be disastrous times. We've weathered recessions (even though we are apparently not in one) before and we will weather this one too.

There's been some very smart writing on the topic, from a marketing perspective and I wanted to point you to a couple excellent posts.

John Rosen at Stopwatch Marketing (have you read his book?) tells us how to thrive in a slowdown.

John Jantsch at Duct Tape Marketing (have you read his book?) gives us 7 time-tested ways to dig out from a recession.

Hang in there...this is the time to invest in the relationships you have with current customers, stay visible in the marketplace (especially if your competitors are cutting back), build and protect your brand and overall, think long-term in your strategies.

The businesses that keep focused and recognizes that this a just a bump in the road (albeit a good sized bump) will be in stride to really take off once we're on better ground.

Better times are around the corner, we just need to keep keeping on to get there.

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Saturday, August 23, 2008

Roy Williams on Advertising Messages that Work


On the right side of this page is the Collective Wisdom Bookstore. Each of these books are hand picked by me as books that you should read if you want to have a better understanding of Advertising, Marketing and the Creative Process along with sales.

I have read each of these books multiple times. One author that I discovered 5 years ago is Roy Williams.

Along with his books he also writes a weekly Monday Morning Memo that you can get free.

Here's an excerpt from this weeks issue:

Dealing with Rejection

Advertising salespeople are highly paid because rejection hurts. They told me to rub Zig Ziglar on it, but the sting and the ache stayed with me. I was 20 years old.

The smiley seminar speaker said, “Look in the mirror each morning and repeat these affirmations.”

Sorry, I’ve already got a religion and it makes me very uncomfortable with self-worship. I know there’s a God and it isn’t me.

My manager tried to teach me how to overcome objections but that only made me feel worse. People were rejecting me because they assumed I was a professional liar and now I was becoming one.

Everywhere I went I heard, “I tried advertising and it didn’t work.”

“Yeah, I know,” whispered the little voice inside me, “I see it not work every day.”

You would have fired me by now, right? I would have fired me, too. But Dennis Worden saw a spark in me that he believed he could fan into a flame. Lucky for both of us, he was right.

My career found wings the day I encountered an advertiser who had a message worth hearing. I delivered his message to my little audience and his business exploded. No question about it, my tiny audience was making him rich. Now I had a success story to tell my prospects. But a success story is a doubled-edged sword. Filled with names and dates and details and numbers, success stories cut through the doubt and make prospects say yes. But the second edge – the one that cuts the seller – is the implied promise, “The same thing will happen to you.”

But if that advertiser’s message is weak, you’ll soon be hearing, “I bought what you said and it didn’t work.” I had been groping blindly in a pitch-dark room when I flicked the light switch on the wall. Suddenly everything was clear: Message and copy are two different things.

"The fish trap exists because of the fish. Once you've gotten the fish you can forget the trap. The rabbit snare exists because of the rabbit. Once you've gotten the rabbit, you can forget the snare. Words exist because of meaning. Once you've gotten the meaning, you can forget the words." – Chuang-tzu, 350 BC

If Chuang-tzu had been in advertising, he would have said, “Copy exists because of message. Once you’ve gotten the message, you can forget the copy.”

That first successful client owned an auto body shop. He had an invisible location but a powerful message that had never been told. I was merely the guy who uncovered his shiny message and held it up in the light. That was 30 years ago, but I can still tell you the essence of Danny’s message:

1. No one ever plans to have a traffic accident.
2. You don’t really have to get 3 estimates from 3 different body shops.
3. You don’t even have to pay your $250 or $500 deductible.
4. Your insurance company will happily pay whatever their adjustor says is the right amount.
5. When you’ve been involved in a traffic accident, call me.
6. I’ll send out a wrecker to pick up you and your car.
7. I’ll give you a free loaner car to drive while I’m repairing your car.
8. I’ll notify your insurance company and meet with the adjustor.
9. I’ll fix your car for whatever amount the insurance adjustor agrees to pay.
10. You don’t even have to pay your deductible.
11. And since we’ve already got the paint in the gun, we’ll fix those little door dings and scratches on the other side of the car that were there before the accident. No extra charge.
12. You’ll get back a car that’s better than it was before the accident.

You don’t have to be a good copywriter to create a great ad from that message. You just have to make sure the advertiser understands:

1. They need to stay on the air long enough for people to hear them and remember their message. That’s when they’ll begin to see results.
2. Then they have to wait for the listener to need them.
3. The longer they stay on the air, the deeper the message goes into memory and the better it works.

I’ve never seen an advertiser fail because they were reaching the wrong people but I’ve seen thousands fail because they had a weak message. We create failure when we assume creative copy will compensate for the fact that an advertiser has nothing to say.

Are there exceptions to what I’ve told you? Of course.

1. The advertiser with a weak message, often repeated, will prevail over a competitor with an equally weak message less often heard. When weak vs. weak, frequency is a tiebreaker.
2. The advertiser with a weak message wrapped in cleverness and humor will prevail over a competitor with an equally weak message wrapped in a brown paper bag.
3. The advertiser with a weak message and a big ad budget will prevail over a competitor with a strong message that never gets heard.

I made my fortune searching out little businesses with strong messages that had never been heard. Everyone thought I was a great copywriter, but they were wrong. I was a great message-finder.

When I finally wrapped my head around the fact that success wasn’t determined by the "rightness” of my audience, the loyalty of my audience, the size of my audience or the cleverness of my copy, I began to sell everyone I met. I knew all I had to do was dig until I found a message worth sharing. And if the advertiser didn’t have a message worth telling, I had to convince them to create one or prepare them for a life of mediocrity.

What I said to them made sense. My prospects were sold on me long before I was sold on them.

I knew I could grow the business if the business owner would only let me. When prospects didn’t want to meet with me, I no longer felt rejection. I felt pity for them. And if they were so unfortunate as to hurt my feelings I would track down their smallest competitor and make that competitor their worst nightmare.

People say I have a big ego. But in truth I’m shy and easily wounded. I learned how to make advertising work because I was unable to face my clients when it didn’t.

And now you know.

Roy H. Williams

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Free Book Offer


This arrived in my email this week after I downloaded my copy of the book:

Scott,

I wanted to follow-up with you to see if you had a chance to review the information that I sent to you regarding our new report, “The One Piece of Advice You Need to Get the Fees You Deserve.” In this complimentary special report, 12 experts on pricing professional services answer the question, “What is the one piece of advice you’d give a professional service provider to maximize their fees for services?”

With contributions from Alan Weiss, Jeff Thull, Andrew Sobel, and Bruce Marcus among others, you’ll learn what is really important and what you really need to know about pricing your services. The link to download the report is here: http://www.raintoday.com/onepiecefees.cfm.

I thought that your readers might be interested in downloading this complimentary report.

Best regards,

Laurie

_____________________________

Laurie Stafinski

Marketing Associate

RainToday.com

600 Worcester Road, Suite 301

Framingham, MA 01702

lstafinski@raintoday.com

508-405-0438 ext. 207

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Sunday, August 03, 2008

Branding?

From the Marketing Minute:

Branding book: Want an inside advantage?

Posted: 02 Aug 2008 09:16 AM CDT

Picture_1_2 Although author Bob Bloom doesn't really toss around the word branding in his book, The Inside Advantage: The Strategy That Unlocks the Hidden Growth in Your Business, it is what he's talking about.

Bob Bloom is a strategic consultant and the former U.S. CEO of advertising mega-giant Publicis Worldwide. So the man knows a little about differentiating your products from the field. Some of his clients include T-Mobile, Zales, BMW, and L'Oreal. After 45 years in the business, Bloom has learned what it takes to grow a company.

In his book, Bloom shares all of this information and reveals how to apply his methods using a system known as The Growth Discovery Process.

The process involves determining who your core customers are, identifying the uncommon offering offering your business provides, developing a persuasive strategy, and exploiting your inside advantage.

Hmm, sounds a lot like branding, eh?

In the rest of the book Bob describes The Growth Discovery Process. It is very simple, clear and not only pertains to both large and small companies, it pertains to the individual entrepreneur. Basically it involves identifying:

  • Who is the core customer?
  • What is your uncommon offering?
  • How is your persuasive strategy different from others?
  • Own It! is the series of imaginative acts that will celebrate your uncommon offering and make it well known to your core customer.

Bob maintains that in every company there is at least one undervalued, underdeveloped or undiscovered strategic asset that can be translated into an imaginative marketing and selling platform.

The Inside Advantage is an excellent read for companies of all sizes. It's easy to digest but very thought-provoking.

Check out this video of Bob Bloom's interview by Fortune Small Business.

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Sunday, July 20, 2008

Wizard Wisdom


Advertising Wisdom from the Wizard of Ads folks.

Roy Williams is one of the authors I recommend to others. On the right side of this page is the Collective Wisdom Bookstore. Click on the book and you can buy your own copy from Amazon.com.

Craig Arthur from Australia sends this out each week. Here's his latest email. Read and click on the links!

Dear Scott,

Even in tough economic times we must remember...
"Growth is a function of growth, not of reduction. You cannot cut your way to success. The most important factor is to increase top line - revenues. The second most important factor is to maximize the bottom line - profits - by keeping as much of the top line as you possibly can." - Alan Weiss

In this issue:

1. Business Growth Strategy #11... Remove the Risk

2. Where Does America Spend Its Ad Dollars?

Your goals are your own business. Helping you reach them is ours.
Craig Arthur - Wizard Partners Australia

PS. Have you booked your seat to Boom Your Business, Nashville? (Aug 1st & 2nd)


1. Business Growth Strategy #11... Remove the Risk

Mark-L-Fox.jpgBy Mark Fox, Wizard Academy adjunct professor

From the Editor: The below story is from Mark's new book... DaVinci and the 40 Answers. A Playbook for Creativity and Fresh Ideas. You can download more sample chapters here.

I used “Peel the Onion” a couple of years ago with one of my clients. She sells pigs for a living – not exactly rocket science.

“So what issues do you want to work on today in our creative thinking workshop?”

“We need more sales!”
(Never heard that one before)

“Why do you think sales are not growing like you want them to?”

“I don’t know. It doesn’t make sense.”

“Does your competition provide a better product or service?”

“No, in fact even our competition will admit we have the best bloodline and breed of pigs on the market. All of the review magazines rate us number one; in fact, we have the highest customer retention rate in the business: 98%. The 2% of customers that actually leave us leave because they got out of the pig business all together or the owner died!” (FYI – yes, there are pig review magazines out there.)

“Well let’s peel this onion back a little. If you have the best product on the market what is stopping you from getting more market share?”

“Customers just don’t want to switch providers even when they know we can offer them something better.”

“Why?” (keep peeling)

“Well it is the risk of switching to us. The average herd is about a $250,000 investment and they feel the risk in switching is too great. If they switched to us and our herd acquired a disease or something the loss could financially ruin them. They can’t afford that kind of loss.”

“Does this ever happen with your pigs?”

“No never. We have the best breed on the market.”

“Never? Really? Never?”

“No. Never.”

“Then why don’t you eliminate the risk for them? Put your money where your mouth is. If you are so confident that your product is superior and that there is literally no, or at least a very remote risk of illness, why don’t you guarantee potential customers that you will pay the $250,000 if anything happens.

Promise to replace their herd with the herd of their choice if they get sick.”

“No one in the industry offers anything that radical.”

“Why not be the first and dramatically differentiate yourself then?”

To their credit, and my joy, they implemented this policy. They are quickly gaining market share. I don’t mention the company name at their request; they want to turn the industry on its head before the competition knows what hit them.

From the Editor: Guarantee $250,000! Courage and commitment, are just 2 of the ingredients required if you wish to boom your business. Do you have them?

About: Mark L. Fox is a leading authority on teaching practical creative thinking techniques for business.

Mark has an undergraduate degree in Chemical Engineering with an MBA. Having held top management positions in Rocket Science, Aircraft Hydraulics, Engineering Services, Customer Service, Software, and e-Business, Mark has an extremely diversified background. He has held positions ranging from Management and Operations to Sales and Marketing and Research and Development.

Some of Mark’s unique accomplishments include increasing e-business sales 600 percent in one year, receiving NASA’s highest recognition of “Launch Honoree” at the age of 23, and being the youngest person promoted to the position of Chief Engineer on the Space Shuttle program at the age of 31. Mark was also the Chairman of the “orbital debris” committee and an eight-time collegiate “All American” in Marksmanship. Mark also designed and built a 10,000-pound rocket, built his own airplane, and flies hot air balloons.


Q. Customer Experience... What's Your Policy When Things Go Wrong?

"The customer doesn't expect everything will go right all the time; the big test is what you do when things go wrong." - Sir Colin Marshall


2. Where Does America Spend Its Ad Dollars?

By Roy H. Williams (Uh-oh, am I about to light an email fire I can't put out?)

Hear the memo, read by the Wizard himself.

Here is where the ad money goes in Australia.

Traditional wisdom says, “Advertise in the newspaper. Everyone reads the newspaper. There are lots of radio stations but only one newspaper.”

The problem with traditional wisdom is that it’s usually more tradition than wisdom.

AdSplits3.jpg

Take a look at the chart at the top of this page and you’ll see that the total, combined ad revenues for
(1.) the internet with all its banners, pop-ups, co-registration schemes and Google Adwords accounts, plus
(2.) the ad revenues from all the billboards sprinkled across the 3.54 million square miles of these United States, plus
(3.) the combined revenues of all of America’s radio stations
is less than the combined ad revenues of America’s few hundred newspapers.

Did you read my article from last week, Radio / Newspaper Smackdown?

Let me summarize for you what it said:

If you
(1.) make exactly the same offer on radio as in the newspaper, and
(2.) spend exactly the same amount of money with each media,
(3.) across precisely the same span of time,
radio outperforms newspaper nearly 14 to 1.

As I explained in the detailed report, we fell into our discovery by accident. Our original plan was to buy newspaper ads since we assumed the newspaper would reach a larger percentage of our target than any other media.

Our assumptions were based on a faulty perception.
That’s traditional wisdom for you.

When our test indicated that radio was outperforming newspaper nearly 14 to 1, I began to wonder, “With all the billions of dollars spent in media each year, why has no one ever comparison-tested the media in a series of controlled experiments?”

There I go, assuming again.
A bit of research led me to uncover a study conducted 37 years ago (1971) by the Research Committee of the National Advisory Council on Radio in Education. On page 155 I found, “For the test, the manufacturer of a shampoo selected territories in which his sales had been equal and satisfactory over a period of years. An advertising campaign with increased appropriations was prepared, and at the end of the test period, sales increases were used as the gauge of the merit of the medium. In territory No. 1, where newspaper advertising was used, the sales were increased by 3 percent; in territory No. 2, where radio only was used, they were increased 40 percent.”

Gosh. 40 percent versus 3 percent is nearly 14 to 1, right?

Why has there never been a scientifically controlled, nationwide test funded by the radio stations of America?

Frankly, I was comforted to learn that my organization was the second, rather than the first entity to discover that radio outproduces newspaper nearly 14 to 1. If we had been the only people ever to discover that little nugget of information, I would have been plagued by doubt. I'm big enough to admit that my confidence was bolstered by the fact that another organization arrived at virtually the identical conclusion when I was just 13 years old.

But the greater question remains,
“Why has there been no scientifically controlled test?”

I ask the advertising agencies spending all those billions,

“Why has there been no scientifically controlled test?”

I ask the major advertisers of America,
“Why has there been no scientifically controlled test?”

And I ask you the same question in this week’s e-Poll.
We’re anxious to hear your theory.

PS. Today's rabbit hole is too weird for words.
I definitely wouldn't go down it if I were you. (If you are game, click the image at the top of this article.)

craig-arthur-a.jpgClosing Thought...

When is it Time for Change?

"Whenever you find yourself on the side of the majority, it is time to pause and reflect." - Mark Twain

See you next week.

Craig Arthur - Wizard Partners Australia

Your goals are your own business. Helping you reach them is ours.


Call or email to book a FREE alignment meeting. No obligation. No pressure. It is at this meeting we both decide if there is a fit between our 2 companies. It is only then can we explore your options. We will never try to sell you. Call (07) 4728 4866.

Wizard of Ads Australia. Call Us: (07) 4728 4866

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Monday, July 14, 2008

Radio vs Newspaper

This is an exact copy of an email I received recently. Read it twice. Then two more times.

Then if you want help with either of these, contact me at Scott@ScLoHo.net.

You can also buy one of the Wizard of Ads books listed on the right side of this page direct from Amazon by clicking on it. If you read it and follow the advice, you will get better results from all your advertising.

Wizard-Chronicle-05-08.jpg

Dear Scott,

Q: What's the biggest mistake businesses make in their advertising?

A: They don't live up to their promises. The customer comes in with expectations set by the ads, and leaves disappointed. Not only did the advertiser waste his money, he's actually damaged his image in the minds of people who are now much less likely to become customers. No amount of advertising will overcome a bad customer experience.

- Wizard Partner, Mike Dandridge

Now take a look at your ads. Are you over promising?

In this issue:

1. Radio/Newspaper Smackdown

Newspaper and Radio were given an identical message with an identical budget spread over an identical amount of time. Who won? Read the study to find out.

PS. As a side benefit to this story you'll learn how to lose weight.

2. The Importance of Frequency and How Advertising Creates Word of Mouth

Two tips from this story.
1.
Buy smart advertising that will get you the most Frequency.
2. Re-invest your growing revenue into an expansion of advertising.
Read the full story...

Your goals are your own business. Helping you reach them is ours.
Craig Arthur - Wizard of Ads Australia

PS. Have you booked your seat to Boom Your Business, Nashville? (Aug 1st & 2nd)


1. Radio/Newspaper Smackdown

Roy-hiding-pic.jpgNote: this article is longer than normal but well worth your time.

By Roy H. Williams

If I told you our experiment was constructed specifically to test radio versus newspaper, I’d be lying. Like most discoveries, we stumbled on this one by accident.

Here’s how it happened: Lifestyle Centers of America is a nonprofit organization whose mission is to lead you and me to a healthier, happier life through better nutrition, physical activity, and helpful new habits. My team was recruited to give them marketing advice. We accepted the challenge.

Our first assignment was to craft a message that would drive interested persons to a brand new website. We decided to test our messages using a series of quarter-page newspaper ads.

(Article continued after newspaper ad below.)

Diabetes_Ad2.jpg

The first thing we did was locate a newspaper that would deliver a quarter-page display ad to 89,000 subscribers for only $900. Total circulation would be much higher, of course, due to newsstand sales and pass-along readership, but we were looking strictly at paid circulation for the Sunday edition. If you’ve ever looked at newspaper rates, you’ll recognize this to be an extremely efficient, low-budget buy.

The second thing we did was craft a message for our client. My secret hope was to see 300 to 400 unique visitors show up within 48 hours at PlantFiberDiet.org, our virgin website. We got 71 visitors. I didn’t blame the newspaper. I blamed my message. “Tweaking” wasn’t going to get me where I needed to go, so I scrapped the whole concept of the ad and created a new message from scratch.

Two weeks later, that second message got us 217 unique visitors within 48 hours; a definite improvement, but not enough to make us happy. But I knew my message was stronger than the results were indicating. That’s when I said to one of my media buyers, “Find me a radio station that will let us air 36 sixty-second ads in one day – two spots per hour, 6A to midnight – for 900 dollars. If the program director limits us to only one spot per hour, hang up and call someone else. When you’re driving traffic with a 1-day schedule, there’s no such thing as too much frequency.”

No surprises so far, right?

Now pay attention because this next part is where most people would screw up an otherwise valid media test. To be reliable, the test has to be dollar for dollar, message for message, time for time. If we spent 900 dollars in one day with one newspaper, we needed to spend 900 dollars in one day with one radio station. “Dollar for dollar, time for time.”

Too often, advertisers want to take a one-day newspaper budget and spread it out over several days on the radio, or worse, spread it out over several radio stations. To be a fair test, we had to spend all the money in one day on one station. But radio needs repetition, so I refused to buy stations that would have delivered huge reach but with lower frequency. My 36-ad schedule was non-negotiable. Call me nuts if you want. I’ll tell you how it ended in a minute.

Take a look at the newspaper ad. Listen to the radio ad by clicking the audio bar at the top of the page. (A new page will open when you click the link. Once the ad is finished click the back button to return to the story on this page.)

You’ll notice the messages are identical.

We created the radio ad by asking Joe Hamilton to read the newspaper ad into a microphone. Joe’s not a professional voice talent. He’s just the guy whose photo was in the newspaper ad. We had a better-than-average newspaper layout and below-average radio production. Newspaper was given every advantage. We even waited 2 weeks for the newspaper traffic on our website to die down to zero visitors per day before launching our radio schedule. We didn’t want to radio to have the benefit of residual traffic generated by the newspaper campaign.

The result of spending $900 in one day on one radio station? Our first test yielded 4,308 unique visitors within 48 hours. This seemed too good to be true, so I told my media buyers I was worried they’d gotten a radio buy that wasn’t typical. “Find me a deal the average buyer could buy, any day of the week, for the same price we’re paying.”

We then waited another 2 weeks until residual traffic died down to about 150 unique visitors per day, then ran the second radio campaign in a town 1000 miles from the first campaign.

As I had expected, our net result from the second test was lower than the first city where we’d gotten far too good a deal. After deducting 150 visitors per day, the first 48 hours yielded only 3,033 unique visitors for $900. This was 30 percent less than our first test, but still 14 times more visitors than our best newspaper results.

Newspaper and Radio were given an identical message with an identical budget spread over an identical amount of time.

Radio delivered 14 times the results.

Radio beat newspaper.

We're continuing the test in additional cities, pitting the local newspaper against against a radio station in the same town. Dollar for dollar, message for message, time for time.

I'll keep you informed.

Maybe.

From the Editor: At Wizard of Ads we use all forms of media. We have no affiliation to any media providers. We do not get paid by how much our clients spend on advertising. We do not receive any money from media. We get paid by how much their businesses grow. So when we select a media to deliver a clients message it is the one that is the highest and best use of our clients money. No bias.


Your Marketing..."Just because something seems to be working doesn't mean that it's optimal."- William Gaus


2. The Importance of Frequency and How Advertising Creates Word of Mouth

Michele Miller.jpgBy Michele Miller, Wizard Partner

1. Buy smart advertising that will get you the most Frequency.

2. Re-invest your growing revenue into an expansion of advertising.

3. If people think your ads are annoying, that’s not a bad thing.

Chapters 44, 58, and 59 in Secret Formulas of the Wizard of Ads discuss in great detail what it takes to create an effective long-term branding campaign on radio and/or TV.

In essence, sleep is the great eraser of memory – in order for yours to be the business that customers think of first and foremost when needing your product or service, they must come in contact with your ad approximately *three times per week. In the advertising business, it’s called a “Frequency” of 3.

*From the Editor: We are assuming the ad is of average relevance. An ad we rate as a 1.0. The higher the relevance or stickiness of an ad, the less frequency is required. This is where a strong core message and good writing makes up for lack of ad budget.

As a Wizard of Ads partner, I work day-in and day-out using this principle with my own clients, to great success. Yet it was only recently that I became the puppet rather than the puppeteer:

In the last ten years, the population of greater metropolitan Phoenix (AZ) has grown from 1.3 million to 3.8 million. There are literally thousands of realtors, but only one who has had the smarts to make a valley-wide impact.

ShawMedium.jpgAs an independent realtor, Russell Shaw started advertising approximately five years ago with what had to have been the most miniscule of budgets. Instead of pouring his money into newspaper advertising (the traditional media of realtors nationwide), he chose television, which can be expensive. But Russell was smart. He figured out that the best use of his budget was to buy one ad per night during the 5 o’clock news hour. Every single night, that one ad would air at the same time. And since folks tend to have a favorite local news network, he was repeatedly planting that seed in the same minds.

The message in Russell’s ads is acceptable; Russell himself is annoying. I’m talking a syrupy delivery with a nasal voice quality that has caused me to dash for the remote more times than I can count. I can hurry all I want to and switch channels, but guess what? Over the last five years, Russell has slowly re-invested his profit into buying the same ad on all the other networks. Apparently I can run, but I can’t hide. I’ve come to hate the Russell Shaw ads.

So the other day I was talking with a friend who’s thinking of moving to Phoenix. At one point during the conversation she said, “What I really need is a good realtor.”

My response? “Well, there’s Russell Shaw…”

Points to remember:

1. Buy smart advertising that will get you the most Frequency. Even if all you can afford is a monthly postcard, make the message smart and keep sending the regular postcard out to the same group of people. Embed your message into their brain then wait for their moment of need.

2. Re-invest your growing revenue into an expansion of advertising. If you’ve achieved maximum impact with your current mode of advertising, don’t abandon it – add on to it. Russell Shaw is the perfect example of giving a small ad budget the power of a jackhammer.

3. If people think your ads are annoying, that’s not a bad thing. If you get calls and emails saying that your ad is annoying (ads in poor taste are another matter altogether), it means you’re making an impact. And that ain’t bad. Would you rather have an ad that leaves people remembering who you are and what you do, or a middle-of-the-road ad that the brain ignores altogether? I’ll take annoying any day.

When you have advertising constraints, go for Frequency – done right, it hits the mark every time.


craig-arthur-a.jpgClosing Thought...

“We must keep in mind the story of the statistician who drowned while trying to wade across a river with an average depth of four feet. That is to say, in a culture that reveres statistics, we can never be sure what sort of nonsense will lodge in people's heads.” - Neil Postman


See you next week.

Craig Arthur - Wizard of Ads Australia

Your goals are your own business. Helping you reach them is ours.


Call or email to book a FREE alignment meeting. No obligation. No pressure. It is at this meeting we both decide if there is a fit between our 2 companies. It is only then can we explore your options. We will never try to sell you. Call (07) 4728 4866.

Wizard of Ads Australia. Call Us: (07) 4728 4866

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