Liked, But Not Bought (Hit, and Miss)

So you're “liked”. So what?

Many people are just not buying it.

 

The perennial pursuit in social media of getting maximum numbers of hits and likes seems meaningless in business ....-unless and until such time as they are converted into sales, revenues, profits and dividends.

 

Getting people to register a “Like” on Facebook, Twitter and Linkedin is difficult. Even harder, and less frequently achieved, is to conclude a transaction as a consequence of a “like” being entered.

 

Raw numbers often cloud the underlying reality. The art of target marketing is often overlooked in social media. Volume too often overrides quality.

 

A “like” may progress a person from being “unaware” to a state of “awareness”. They may even develop to a sense of “recognition”. Some of those who “hit” could even elevate their “interest” to that of “seeking out” a name, a brand, product, service, company or individual.

 

However, before them lie the progressive stages of “trial”, “purchase”, “preference”, “re-purchase”, “refer”, “recommend” and “advocate”. Ah yes! The exultant state of being a committed, loyal, expressive and assertive “brand/product service ambassador”. However, that is some distance from a casual, easy-to-apply register of a hit or “like”.

 

JUST REWARDS

 

Increasingly, digital and on-line marketing agencies are negotiating or are being made to negotiate remuneration packages based on performance.

 

The most appropriate and meaningful key performance indicator is established on conversions to sales, to profit margins, gross or net profits and, in rare instances, to dividend payments.

 

LESS IS MORE

 

Many astute business leaders and marketers are happy to accept fewer hits and likes, in favour of higher relative and absolute conversions. You can bank on that!

 

ATTENTION GRABBING

 

Against the tide of calls for more and more hits and “Likes” some discerning business leaders are happy to attract less attention in favour of more profits.

 

In the contemporary marketplace visibility and high rankings on Google, Twitter, Facebook and LinkedIn do not depend on Search Engine Optimisers (SEOs).

 

Repeated and conspicuous use of the following marketing words will attract the attention of algorithms embedded in computers, technology software and search engines:

 

Innovative   Easy
Exciting   New
Cheap   Substantial
Quiet   Yes
  Now

 

Attracting the attention of customers, clients and consumers is quite different to generating patronage and payments.

 

But the words listed above have become passé. They have been commoditised by over-use and are considered bland, ineffective and in some instances, insulting by many of the consuming public.

 

So much for the mantra:

 

Big, Bigger, Biggest

Good, Better, Best

Cheap, Cheaper, Cheapest

Fast, Faster, Fastest

 

In the recent past it was a hit. Today, it is a miss.

 

TARGET THE RIGHT MARKETS

 

Put simply, marketers are reverting to the principle of “Ready, Aim, Fire”. The intent is to limit hits to the ....

BULLSEYE

 

In doing so, they are being diligent in avoiding:

BULLS HIT

Hype and High Water

Market bubbles, busts and waves have a common element – hype.

 

When emotions, rather than fundamentals are driving the marketplace it is time to take pause, and stock.

 

Now is that time. Clearing the inventory of current marketing, price, merchandise and promotional strategies is sage advice.

 

Reassurances that high prices are founded on solid foundations, all too often are devalued when those pillars turn to quicksand.

 

It is reassuring to some when commentators and analysts have “skin in the game”. However, when rewards and revenues are determined by transactions, counter-balancing information and intelligence sources should be used.

 

The current sets of global, national, regional and sectional markets are, to varying degrees, being artificially stimulated. Record low interest rates have primed stock markets around the world, residential property prices and new motor vehicle sales. They have equally influenced the movement away from liquid funds (cash) and investments in government bonds.

 

Quantitative Easing in the United States of America (best termed as “printing dollar bills”) has contributed to a lowering of the value of that currency and to “hyping” of others, including the Australian dollar.

 

Each of these factors and influences is contributing to the environment in which individual entities operate. Little or no control can be applied by business owners Boards of Directors and management teams.

 

Little wonder that many feel as though they are like a cork bobbing around in a volatile ocean of competing forces.

 

Therefore, most benefits will be derived from focusing on those aspects over which control and influence can be exerted, and exploited.

 

TAKE CONTROL

 

In the contemporary global digital, on-line and connected world “hype” is transparent. It is readily and promptly identified and dismissed, along with associated products, services, brands, companies and individuals.

 

ESTABLISH VALUE

 

Establishing value in the minds of existing, prospective and, yes, past clients is quite another thing, and in relative terms, can be achieved promptly, effectively and inexpensively. No hype is required.

 

Determining, and applying relevant buying criteria can and does effectively reposition the product, service, company or brand into a favoured competitive presence. Competitors are simultaneously repositioned to less-favoured profiles.

 

Take for instance Volvo motor vehicles. For a long time they enjoyed a “premium” standing on the issue of safety. However, one consequence was a market skewing of customers to older, conservative age groupings.

 

In recent times Volvo, now under Chinese corporate ownership, has entered and won V8 motor racing events in Australia. That has caused great anguish among the ailing Holden and Ford brand names.

 

It is fair to say that Volvo has added more “grunt” to its marketing, advertising and product range. The impact and consequences are self evident. Sales have increased.

 

A similar set of lessons are being learnt, albeit slowly, within the taxi industry. The global introduction of the UBER mobile booking application is revolutionising hire transportation, including taxis, limousines, and public transport, ferries and buses. Look out for the pending arrival of driver-less autonomous vehicles!

 

The internet, social media and digital technology have democratised the market place. Centralised government control, policing and protection are simply not possible, and for many, not desired.

 

Taxi networks, and individual drivers, will need to hone, and in some instances, introduce, set-price policies and personal “safety” measures to satisfy the expectations of customers.

 

Long-established practices and rules are today redundant. Consumers are applying new criteria in their purchase decisions. Moreover, they now have at their disposal a comprehensive network of information and intelligence on which to make informed decisions and value judgements.

 

 

 

DISCOUNT DISCOUNTING

 

The recent “reporting season” of Australian public listed companies projected one clarion-clear message from the airlines.

 

Qantas reported a loss of close to $3 billion for the past trading year. Virgin Australia, a much smaller entity, recorded an annual trading loss numbered in the hundreds of millions.

 

Both airlines have increased their passenger-carrying capacities and have undertaken deep price- discounting.

 

Qantas may well have retained its 65% market share of domestic Australian travel; at what cost? The hype of enjoying such a dominant market share cannot be banked. That is just one of the dividends that the airline must address.

 

The advertising theme and promise of “We can't be beaten on price” has become one-dimensional. Other criteria are needed to attract attention, patronage, loyalty and an appreciation of value.

 

SCOPE EXISTS

 

Accountancy practices, legal firms, plumbers, home builders, real estate agents, financial planners and engineering companies are fast learning the need for, and the benefits of developing, promoting and applying new selection criteria which are devoid of the unnecessary and ineffective hype.

 

It is often difficult to fulfil the promises of “Bigger, Better, Faster and Cheaper”. Besides- who cares?

 

Educating prospective and existing clients and customers on what bases value judgments and purchase decisions should be made is relevant, rewarding and appropriate.

 

The time to act has arrived.

 

THE FIRST STEPS

 

Introducing multimedia, omni-channels, digital marketing and social media to communication strategies is no longer an option. It is imperative.

 

However, to achieve optimal impact and to achieve increased revenue generation, it is essential that the messages have no (or minimal) hype, and a relevant, compelling set of purchase criteria.

 

In this instance, it is the content, not the channel that needs refinement.

Building A Better Business Model - Not Mouse Trap

Oh my, how things have changed, and continue to change!

 

Since August 1962, when J.C.R. Licklider of MIT, (the Massachustus Institute of Technology) first wrote a series of memos about his “Galactic Network” (which would evolve in the internet), the rate of change in technology, communications and business has accelerated.

 

The correspondence and date-line have proven to be significant benchmarks. Changes have been effected in all manner of ways in which we live, interact and do business.

 

OUT-DATED BUSINESS MODELS

 

Sadly, many business leaders have not updated and made relevant the business models of their operations. The consequences are palpable.

 

Bankruptcies and failures are increasing in volume and value across a broad cross–section of sectors, professions and regions. Look no further than retail pharmacies, newsagencies, fashion wholesalers and outlets, mining industry contractors, business consultancies and coaches and the taxi industry. Mining companies have not been immune to the trend.

 

Being out-of-step and out-of-date are the initial steps of being out-of-business.

 

THE EVOLUTION OF RECENT CHANGE

 

The August, 2008 onset of the Global Financial Crisis (GFC) heralded the start of an intriguing 3-phase global change-process for commerce and government.

 

Embarrassingly, the then Australian Labor Federal Government, and its arguably first-ever financially illiterate Federal Treasurer, declared that the nation had avoided the fallout of the crisis.

 

They were clearly wrong. The “cash-splash” handouts from the Treasury simply delayed the inevitable.

 

The journey has been interesting. The lessons learnt invaluable. The steps have been progressive ... as detailed below:

 

 

PHASE 1 – EFFICIENCY

 

Cash-flows and confidence throughout the world were quickly impacted upon with the collapse of Lehmann Brothers, in the United States of America.

 

Profit margins were soon under pressure. Cost ratios increased as a percentage of turnover.

 

Focus was promptly given to the call for “cost cutting”. Staff numbers were reduced. So too were inventories.

 

The consequences quickly registered along the extended supply- chains.

 

Within entities the ranks and tiers of management were aggressively thinned.

 

“Lean and mean” became another common catch-call and in some instances a badge of honour.

 

The measures of appropriate cost-containment were subjective, and often difficult to quantify. In many instances the “knives and axes” were applied too “liberally”. Cases of corporate- anorexia became conspicuous. In essence, the corporate body was feeding on itself and was deteriorating, often with terminal consequences.

 

An example: Only now are some business owners and managers negotiating new and lower rental structures for retail, wholesale and manufacturing premises.

 

KEY LESSON:

 

One should be in business to make money, not to save money! Stay focused on the appropriate, positive and longer-term outcomes.

 

PHASE 2 – EFFECTIVENESS

 

Following countless rounds of cost-cutting and crisis meetings for team members, emphasis was then given to improving effectiveness.

 

Many business leaders were sufficiently discerning to identify that their businesses had aged, become calcified and were inflexible.

 

Restructuring was suddenly in vogue. Silos were dismantled. Organisation charts redesigned, made flatter and more malleable. Departments were relabelled to be “tribes”, “camps” and “clusters”.

 

Any unsettling of internal confidence and stability was countered with positive feedback of the new approach from external suppliers, associates, customers, clients and channels.

 

Previous hierarchical rigidity was broken down. Authority and responsibility were delegated and warmly embraced by team members who had long desired the capacity to exercise control, power and choice in how they did business.

 

In short, business was better for many, and not solely measured by financial returns.

 

However, competitiveness, particularly on a global measure, was still found wanting in a high percentage of circumstances.

 

KEY LESSON:

 

There is always a better way. Find it.

 

PHASE 3 – PRODUCTIVITY

 

Once costs and structures had been reviewed, refined and developed attention needed to be redirected to productivity

 

Volume and velocity can be, and are, both a cause and a consequence of competitive advantage. Moreover, they are rewards that can contribute to sustainable leadership, progress and development.

 

Fixed costs (of doing business) are rapidly reduced in relative (to turnover) terms. Variable costs do truly evolve into being marginal costs.

 

Profit, margins and dividends escalate into being attractive and rewarding.

 

Businesses that have progressed to this phase are few. For some it seems to be a step-too-far. The prospects and outcomes of increased volumes and velocity are confronting, possibility challenging.

 

Now is a good time to commence the journey.

 

KEY LESSON:

 

Individually and collectively, simplifying processes, structures, policies, attitudes and work habits has a huge impact on personal, group and entity productivity.

 

Attracting and Retaining Great People

Great people.

 

They are attractive, appealing and valuable assets to any business. They are like magnets, attracting great fellow workers and truly great customers. However, they are often hard to find, identify, recruit - and to retain.

 

The adjective “great” is emotional-based, difficult to quantify and almost impossible to blanket-apply to a team of people. When recruiting, it can only be properly understood and applied in a context that reveals the culture of the enterprise.

 

Consequently, the search routine for “great” people is typically random, inefficient and generally well short of being disciplined. Identification through networks is compromised by mateship and questionable values applied by mutual associates. There are only occasional instances of the “meeting of the minds”. Questions arise as to a true and accurate measure of “great”. Questions remain as to how accurate was the title “Alexander the Great” (and whether he was Greek, Macedonian or a Serb!!).

 

LOOK NO FURTHER

 

The time, money and resources allocated to sifting through job applications and prospective recruits are usually considerable, often do not represent value and may not prove to be rewarding or, indeed, successful.

 

No-one knows better the presence and quality of “greatness” than the individual. Self-image is a key and fundamental component of self-determination.

 

In employment advertisements and placements a refocus from the position to the person is a scenario that parallels the substantial and significant progression from the sales to the marketing philosophies and disciplines.

 

The bold and challenging statement and declaration that an entity is seeking a “special” or “great” person – in advertising and conversations – triggers an intriguing process.

 

In the first instance the number of applications received falls appreciably; the overall quality of those applicants who do apply is high.

 

Typically, the interviews and interactions are interesting and challenging. After all, “great people” want to work for, and with great businesses, bosses and peers.

 

Individually and collectively “great” people have a presence. They generate a sense of energy and urgency.

 

The resultant culture and ambience are, well ... great.

 

A DESERVING LABEL

 

Expectations of and by “great” people are high, generally dynamic, and very personal.

 

Recognition of, and respect for the individual are imperative.

 

Elitism is not desirable nor typically functional. Therefore, great should be the norm, not the exceptional.

 

Moreover, “great” people are inclined to attract other great people. High-achievement becomes a base-benchmark.

 

KEY ATTRIBUTE

 

The specifics and presence of greatness are not conspicuously evident in curricula vitae. Who would be so bold!

 

There is no university subject or course on greatness that we can study and graduate in ... although experience suggests that there are differing grades of greatness.

 

Far too often, those identified as possessing the potential for greatness, regardless of the endeavour or pursuit, falter and fail to make the subjective grade. It is not an aptitude, with pre-determined dimensions.

 

Rather, greatness is an attitude, a self-belief which is articulated in so many ways, often non-verbal and subtle.

 

Others sense when they have been or are in the presence of “greatness”. It is a good feeling and promotes a want to belong and to remain.

 

NO RULES

 

Most, not all, “great” people don't need rules and policing to ensure compliance and conformity. Those simply limit the potential for, and fulfilment of greatness.

 

The positive alternative is to provide parameters within which people strive for and achieve their consistent optimal performance. Explanations of “why we do the things we do” promote and facilitate understanding and commitment.

 

Ongoing, prompt and genuine recognition and reinforcement are valued by all and contributes to cohesion, malleability and ensures dynamism, growth, and development.

 

Like many things in life, the essential component is the context rather than the content.

 

Managers seek to control processes and related inputs and costs. They find it difficult to exercise control over “great people”.

 

Leaders focus more on influencing and enhancing values. They facilitate individual and collective growth. Each is an integral component of the art of retaining the right and “great people”.

 

Above all, high achievers – whether they accept or embrace the tag “great” – set reasonable goals and contend that have much to contribute.

 

Their involvement is fundamental to retaining a culture of greatness and “great people”.

 

 

 

Customer Experience

Experience is, and should be, valued. Particularly when customers' and clients' experiences are positive.

 

There is increasing recognition that customer experience is not limited to local and physical considerations. It commences from the very first phase of the buying cycle and extends beyond the purchase process, installation and post-sale service delivery.

 

Indeed, the term “customer experience” has made obsolete the label “customer service”, and now embraces the concept, principles and applications of “ambience”.

 

Accordingly, operational silos, in which authorities and responsibilities are focused and constricted to specific actions have been dismantled. Internal business territorialism has been supplanted.

 

The allocation of resources, including capital, marketing, merchandising, sales, advertising, inventory and people is now determined in part by the desire for, and standards which are applied, to the customer experience.

 

Therefore, positional titles of “manager”, when they are related to the individual disciplines detailed above, seem inappropriate.

 

New measures of success are being implemented, in which the optimal outcomes are related to enhanced and positive customer experiences.

 

Hope springs eternal! Perhaps, the balanced, boring catalogue-type mass media advertising will be replaced by placements that abound with emotions, fun, advantages and benefits. Now that would be an experience!

 

Indeed, a single resolute focus on positive customer experiences for the progressive and complementary disciplines of public relations, communications, promotions, merchandising, sales and service will ensure a cumulative, reinforcing and positive delight for the intending customer.

 

STEP ONE

 

Astute business leaders who are keen to address and redress the most recurring negative experience of customers will give priority to refining the telephone interaction system and processes.

 

Automated telephone answering processes which, however much they improve internal efficiency and productivity, often incur delays, frustrations, annoyances and additional phases for the customers. Typically, satisfaction levels plummet, along with the image of the business and preferences for its products, services and people.

 

Furthermore, inefficient, cumbersome online networks are a close second-rated source of annoyance. Whatever happened to recognition of the need for “seamless organisations” and seamless experiences…...

 

PRIVATELY PERSONAL

 

The current digital era has witnessed, indeed has facilitated, increased efficiency and speed of transactions. It has also been instrumental in a loss of privacy and personalisation.

 

“Mass-customerisation” is a cute phrase. It is also an oxymoron – a contradiction in terms. Transparently computer-generated communications can be, and are perceived by many to be intrusive and, sometimes, offensive.

 

There is an understandable reluctance by a significant percentage of consumers, individuals and corporations to declare and share private, confidential information - including banking and credit details.

 

Some things are considered best kept private.

 

CONSISTENTLY INCONSISTENT

 

Customer experience surveys often do not address or measure all phases of the experiences to which the customer is exposed.

 

Most noticeable are the inconsistent levels of service and positive sentiments expressed about the eleven phases which typically characterise the total experience.

 

Two aspects in particular are consistently deficient in rating, and contaminate the expectations and the ratings of individual customers and clients.

 

Well-targeted communications, which feature the names of recipients in the salutations can be impressive. But, the positive experience is negated when consumers are encouraged or directed to initiate contact with a website or call-centre.

 

Smooth processes never counter the impact of disappointed, impersonal outcomes.

 

“Personal” is an attribute, feature or adjective that is never fashionable, cyclical, or seasonal. It is an eternal, compelling basis on which to establish and sustain relationships. Furthermore, the allure of “personal” is an equally compelling reason to make contact and to develop great “customer experience” expectations and for businesses to enjoy competitive advantages, benefits and above all, customer loyalty.

 

MATCHING AUTHORITIES

 

To be effective, Customer Experience Managers need to be responsible for each and all eleven phases of the customer experience, and to have the authority to effect and refine initiatives and interactions, including public relations, advertising, promotions, merchandising, selling and service. One suspects that for many entities, those that have simply introduced a fashionable new label in their organisation charts, this will be a step too far.

 

Shades of “Customer Service Manager”, when everyone in a business is and should be responsible for managing service.

 

 

 

Get Connected

COMMUNICATION DISCONNECT

 

It is both a symptom, and a cause for concern for many in business. Moreover, it is both a verb and a pro-noun, that can be applied to many businesses.

 

In short, customers, clients, suppliers, associates - and yes, even staff, - are becoming increasingly disconnected and detached, physically and mentally, as a consequence of over-communication, which is a characteristic of on-line transmissions.

 

For many, the “hot button” has been replaced …. with the “Delete” button. Emails, blogs, text messages and messages are eliciting responses. Typically, and disturbingly, they are not those intended by the communicator.

 

TOO MUCH OF A GOOD THING

 

Most people in commerce, the public sector and not-for-profit entities despair at the plethora of emails which await them each morning. The mobility of iPads and Smartphones has simply compounded the issue.

 

Those appealing aspects of accessibility, immediacy, transparency and accountability are countered by stress, a sense of intrusiveness and the widespread evidence of lethargy, disinterest and clinical depression.

 

The effectiveness of advertising, public relations, promotion and merchandising is being compromised. So too are initiatives intended to enhance branding of companies, products, services, communities and precincts.

 

All of these arise and confront business owners, leaders and networks at a time of increased and rapidly increasing sophistication.

 

TURNED OFF

 

In general terms, people across a broad spectrum of demographic and psychographic profiles have, or are, turning off.

 

Look no further than Twitter, the company, the channel and application. Its share price is experiencing a downward spiral as former younger disciples (or users) are cancelling their connection. They are responding to an awakening realisation of just how intrusive on-line and digital communication has become.

 

Some analysts and commentators question the future viability of Twitter and similar entities.

 

The challenge is to turn people on by having them reach out, connect and become engaged with a company, product, service or team member of interesting and interested people.

 

Brevity and space will become greater virtues than they currently are. People are, and will increasingly be, attracted to embracing experiences which promote offers, and respect an environment, in which individualism and individual presence are valued.

 

In similar vein to property, many people are seeking a “sea-change” or a “tree-change”. They are not choosing to opt out, but rather, to reconnect – on their own terms. They remain alive, alert, active and technologically wired.

 

PASSIVE AND SELECTIVE

 

The significant evolving structural changes in commerce and consumerism are often misunderstood.

 

Overt and active loyalty and advocacy are waning.

 

The passive phases of the buying cycle are being extended and are now more pronounced.

 

Physical “window shopping” has largely been replaced by on-line visits. Consumer traffic counts at shopping centres, in retail precincts and premises, at motor vehicle dealerships and swimming pool display centres are down, and those visits that do occur are a lot briefer than before.

 

No amount of intrusive, supposedly personalised, mass-customised communication will redress that established trend-line.

 

The promise and actions of “understatement” have widespread appeal and attraction. Evoking greater measures of emotion will result in enhanced images, sales and satisfaction.

 

High-pressure is best left to Emergency Services water hoses, in their role and endeavours to put out bush-fires.

 

A low-pressure presence will stoke the embers of interest and patronage.

 

 

THE FOCUS

 

The race to remain competitive and to secure advantage by embracing digital, on-line and social media can readily overlook the importance of the content and the context.

 

During the 1960s IBM conducted a marketing campaign with the theme:

 

“Yes, you can”

 

Today the rider is:

“Now, choose the best way to reconnect”

Make A Statement

A capability statement is, too many people in business, an important, if not an essential document.

 

Some existing and prospective clients demand submission of such literature. However, securing contracts and benefits as a consequence is not guaranteed.

 

Indeed, on balance, in many instances a capability statement is a disqualifying rather than a qualifying element in the selection process. Assessments are made on the capacity of those making such submissions to fulfil the basic requirements and expectations. Thus, the texts often simply determine whether a company or a professional is eliminated from the shortlist of potential suppliers of products, services and input.

 

In a disturbingly large percentage of instances it is a just reward. Put simply, many capability statements are crushingly boring.

 

SELF-CENTRED

 

Too often the focus is self-centred. Little or no reference is made to the unique circumstances, nature, demands and needs of specific prospective clients, projects or applications.

 

It is difficult to imagine any self-respecting prospective client contemplating the appointment or use of unqualified, or under-resourced, poorly capitalised individuals, teams or entities. In reality, such written overviews contribute to the commodisation in the profiling of the applicants. Shades of grey, beige and a conga-line of sameness!!

 

Fun can be enjoyed, excitement created, pride injected and business won from a total review of the content, context and focus of capability statements and corporate literature.

 

CUSTOMER-FOCUS

 

References about being customer-focused and client-centred assume new perspectives when literature is refined. The rewording of texts can and does articulate invaluable insights, provides peace-of-mind, differentiates products, services, people and entities and, above all, provides scope for the establishment of comprehensive advantage and value.

 

In competitive circumstances it is important to recognise that business and marketing are not about “me”. Customisation is the currency of the prevailing market place.

 

MASS CUSTOMISATION

 

The on-going, rapid and accelerating advancements in technology and digital applications are making profound impacts on business and communications.

 

Concepts like “now” and “local” have been remoulded. In the latter instance, it is no longer a geographic measure. We are all (and at all times) just a click away.

 

Likewise, standardised capability statements have been superseded by customised versions of capabilities statements. Corporate brochures and products/services catalogues have been similarly redefined. Reality now extends beyond long print-runs of corporate literature. Image. Short-run productions now in the marketplace are having high impact among recipients.

 

Book publishers and authors are still coming to grips with the capacity, the need for and the advantages of mass customisation. As a consequence, sales are suffering.

 

Magazine subscribers regularly receive issues with their names printed on the front cover. Impressive and effective.

 

Moreover, customised literature addresses the commonly held belief of existing and prospective clients that their needs, wants and circumstances are different and unique. Such real and perceived issues can be, and should be, addressed in customised literature.

 

Featuring the corporate identification of a prospective client on the front page of a written submission, regardless of format, is not subtle. However, it is effective, in many ways because it is unexpected.

 

In the words of US retail expert, Peter Glen, “Dare To Be Different”.

 

In similar vein, non-complying tender documents provide the potential to stand apart from the crowd. Traditional capability statements, when they are oriented and scripted to promote, profile and detail a capacity to establish, sustain, develop and enhance mutually rewarding strategic alliance relationships are valuable. Those attributes are to be lauded.

 

For those who find comfort in compliance and conformity, the proposition will be difficult to comprehend, accept and implement. To them making “the short-list” is important.

 

No it is not. The objective is to win the business and to enjoy a long-term effective partnership.

 

Those who seek success do need to make a statement - not about capabilities but rather about client-relevant outcomes, advantages and of benefits.

 

THINK DIFFERENTLY

 

The increasing use of electronic transmissions is an enabling, differentiating and marketing phenomenon. Executed astutely, the results can be phenomenal.

 

A marginal increase in the allocation of time and resources can, and often does, result in significant rewards, including increased revenue.

 

Perhaps the first step in the progression to market-leadership, comprehensive advantages and differentiation is a change in thoughts and perspective: the scope of communication needs to be reoriented from broadcasting to narrow-casting. Targeted audience sizes should be reduced from multiplies to singular.

 

NARROW-FOCUS

 

Nano- technology has minimised electronics, medical equipment, many aspects of commerce. The advances, consequences and advantages have been quantum in nature, primarily because of such a micro- perspective.

 

The message is clear and concise; to develop, advance and to grow big, think small and personal.

Towards High Performance

High performance is not a natural state. It is an aspiration, a stretch goal that is difficult to sustain.

 

Pursuit of that status has no finish line, the objective at all times, for those driven to that ideal, is to plan beyond the benchmark.

 

The measure of high performance as a concept is relative rather than absolute. Personal and competitive forces are at play, at all times. It is - an evolving set of dynamics.

 

Skills, knowledge, training, mental and physical fitness each play a role. However, there is one driving force which is first among equals, and it is PRIDE.

 

A positive sense of pride elevates self-belief, ideals and standards. It lifts performance to notable heights.

 

Pride is an intangible. Its presence is conspicuous. The consequences are palpable.

 

In business and commerce, pride has a number of key and strategic dimensions, such as:

 

LEADERS

 

Employees and team members who feel a sense of pride in working for and with a manager, team leader and supervisor typically exhibit the characteristics of someone who is empowered. They are inclined to be innovative, creative and responsive. Accountability for high performance is readily accepted.

 

Compromise and indifference are foreign to their frames- of- reference, as they know who they are and what they stand for within their employment setting.

 

COMPANY

 

Pride in being associated with a company and its brand is self-motivating. It inspires one in the morning and there is a wish to get to work. Indeed, there is no drive to contemplate or wish to working for any alternative employer.

 

Reliability and engagement are qualities appreciated by employers and customers alike.

 

PRODUCTS

 

A measure of pride in promoting, selling and servicing a product or products and to service these is usually reflected in enthusiasm for the marketing and recommendations of those units.

 

High performance measures are evidenced in sales volume, profit margins and customer satisfaction. It quantifies the advantages and benefits for all stakeholders and participants in the relationships. Those interactions also tend to persist and are both reinforced and complemented by personal recommendations and endorsements.

 

 

SERVICE

 

Commitment to a quality brand is a cornerstone of consistent and persistent service excellence. Non-varying service standards ensure consumers appreciate the innate value of high performance standards before, at the time of and after the purchase decision.

 

It's enough to make buyers proud of the decision they have made.

 

SELECTIVE RECRUITMENT

 

Cohesive integrated teams, whose members pursue, achieve and sustain high performance levels invariably reflect discerning and demanding recruitment and induction philosophies and practices.

 

Leaders who look for high performers are sensitive to the needs for and benefits of documenting detailed job descriptions, complemented by specific job specifications.

 

The former outline the range of duties and skill-sets involved in and required for the position. In the latter statement insights are provided on the human qualities that are essential to maintain the standards sought, if not demanded.

 

Recent examples abound with national cricket teams in which certain elite high performing individuals were a toxic, destabilising influence in team cohesion and performance.

 

The lessons learnt are that individual high performances in isolation are to the detriment of the team, produce losers, losses and disenchantment among followers. There are few fans of high performers who do not play for and contribute positively to consistent high performances of the team.

 

IMPORTANT PARALLELS

 

Sir Donald Bradman was, to many, an immortal cricketer. He was a persistently high performer which is reflected in his unparalleled Test match batting average of 99.94 runs.

 

“The Don” was forever aware of - and repeatedly stated - that he was playing for Australia. Pride in wearing the “baggy green” cap transcends eras, generations and teams.

 

The recent on-field performances of the World Cup champion Kangaroos Rugby League team is explanation enough to comprehend and appreciate the value of pride in the high performance expectations and delivery of a great team.

 

Similarly, the New Zealand “All Blacks” enjoy an enviable record of high achievement. Each player, who proudly wears their jumper, is known as an All Black for life. They take the distinction to the grave for it is only they who on their headstones can declare “He was an All Black”. Imagine if you will, the high performances in another place of the game that is played in heaven.

 

TELLING CONTRAST

 

The contrast in the ambience and atmosphere within those companies, and among those employees, who are not imbued with a sense of pride is striking.

 

Apathy, disinterest and disconnection prevail. An absence of enthusiasm, excitement and pride is evident, and is reflected in poor sales, marginal profits and low customer satisfaction.

 

Rationalisation about, and justifications of sub-optimal performance records are common. The blame- game is often centred on a distracting focus on extreme factors- the economy, the national currency and, competitor discounting.

 

External forces are best countered by internal initiatives. Pride comes from within.

 

LEADERSHIP

 

Successful business leaders are often asked, interviewed and reported upon with questions about what they believe is leadership. Predictably, the answers are many and varied.

 

A good start for all current and aspiring leaders will be to inspire within each person a sense of pride about the company, the fellow team-members, the product and the services provided. That will be a stepping stone to the attainment and maintenance of high performance.

 

In the current vexing and challenging economies and marketplaces some things stand above and apart from all countervailing forces. The most noticeable of these is high performance, underpinned by a widespread sense of pride.

 

 

 

Less Bluster, More Cluster

You're not alone … and shouldn't be. Going it alone exposes one to vulnerabilities, risk and “attack” from all angles.

 

Genuine, mutually beneficial collaborations and alliances have been elevated to the status of being competitive and comparative imperatives.

 

There is increasing and encouraging evidence of businesses, networks, communities and sectors winning business and market share as a consequence of implementing disciplined, collaborative and integrated business development and competitive initiatives.

 

Collective efforts and endeavours contribute to attaining, maintaining and benefiting from critical mass and momentum. The latter attributes distinguish those who are gaining marketplace traction from those who are losing traction, sales, customers and marketplace presence.

 

The compelling bottom-line for manufacturers, suppliers, associations and contributing stakeholders in dealing with a uniform, cohesive supply chain is PRODUCTIVITY.

 

In the challenging, if not straitened early months of 2014, the underlying philosophy of the “dark art of economics” – the allocation of scarce resources – is coming to the fore. Limited resources are being applied to where entities will enjoy and be rewarded by “getting the biggest bang for the buck”.

 

Striving for and achieving optimal leverage are understandably determining strategic and tactical decisions.

 

Servicing, contributing to and working with cohesive networks are appreciably more attractive, less labour-intensive and less expensive than endeavours to provide one-on-one inputs for a diverse range of small independent operations. A relatively small loss of independence for individuals in favour of the greater good for all is a marginal cost to bear.

 

 

CLUSTERING

 

Regional and remote communities throughout Australia and New Zealand are fast recognising the benefits and advantages of the “clustering” (read: concentration) of entities, products, services and applications.

 

Organisation hierarchies and strategic alliances between professionals and consultants are being restructured.

 

Greater impact, resonance, relevance, quality and performance standards are being enjoyed by all.

 

The town of Kununurra, in the far-north-west Kimberley region of Australia, home of the largest diamond fields in the world, the massive Ord River Diversion Dam and centre of countless tailored agricultural initiatives and innovations, is finding new directions, opportunities and scope for its local businesses, entrepreneurs and people. The individual and collective energy and excitement are palpable.

 

It is early days, but the prospects are being recognised, analysed and developed. Increased visibility in the marketplace as an attractive destination for tourists, businesses, entrepreneurs and capital is resulting in enhanced activities.

 

Bringing people, concepts and energies together is being completed with the setting of standards and securing commitments to adhere to them.

 

 

LIFT YOUR STANDARDS

 

Inevitably some don't and won't make the grade.

 

Attrition is an integral element of history, evolution, life and business. Exit and succession strategies are virtues in life – and in business plans.

 

Evidence of Charles Darwin's “Food Chain” principles will be strikingly apparent during the course of 2014.

 

In short, some businesses will fold or “die”.

 

Therefore, those who choose to “cluster”, collaborate and integrate will need to establish minimum and, in many instances, “stretch” standards to remain competitive, relevant and sustainable.

 

There is little benefit, advantage and joy derived from the tendency for things to gravitate to the lowest common denominator. The name of the game will not be numbers alone. Domination, - by leadership, discipline, creativity and innovation - is a far more compelling goal.

 

Overall, business failures and closures will be a conspicuous reality. They can be minimised by the conduct of objective, detached and timely strategic reviews. Selling businesses will be one option, to avoid the undesirable demise of some entities and outlets. It could and will be encouraged and facilitated by and among those in differing supply chains.

 

Some egos will be brutalised. However, it will be a case of ...‘e goes or we all go … down the gurgler'. That will be a cold, stark fact of life …, which, on reflection, will be fair to all concerned.

 

 

 

 

 

HARD DECISIONS

 

For many business owners and managers around the world trading conditions are being classified as “hard”. Consequently, there are few or no “soft” decisions or options available for those who seek to remain competitive, viable and sustainable.

 

The best timing for the making and implementing of hard decisions is NOW.

 

Winners do and will recognise the importance of creating a sense of urgency, being focused, tolerating risk, establishing momentum, maintaining standards and forming collaborations and allegiances, while not accepting complacency, indifference, lack of commitment and sub-optimal performance standards. In short, “less bluster, more cluster”.

 

 

 

What's New

Lessons learnt.

 

The evolving trends in consumer demand and expenditure for Christmas 2013 are interesting and insightful!... for all in businesses.

 

In essence, there are few consistent, uniform trends. Winners and losers are being identified and are being determined by individual efforts and creativity.

 

Jewellery sales, a typical discretionary purchase are down – by as much as 40% in some retail outlets. The impact is being felt throughout the full length of the supply chains. More than 21 jewellery wholesalers have ceased trading this year.

 

Notwithstanding forecasts of 6.3% (and more) increases in revenue this Christmas, over that of last year, sales are flat. However, there are noticeable movements in consumer traffic.

 

Discount department stores are enjoying a good festive season. This can be explained in part by the absence of significant ranges of new products, services, concepts and applications. “New” represents relevance, and above all, value. Price sensitivity is figuratively and literally discounted.

 

This Christmas there is a preponderance of “old”, established and traditional offerings. Many have been morphed into commodities, which are available from all and sundry. Hence, price is the key and dominant differentiator.

 

The deep pockets and advertising power of the duopoly, Coles and Woolworths, owners of Target, K-Mart and Big W are difficult to counter, neutralise and to beat.

 

The fundamental lesson: “New” is an imperative in the current marketplace. Where you can't differentiate what you market and sell, then differentiate how you market and sell such.

 

EXPERIENCES, NOT THINGS

 

Another noticeable driving force in the current season is the appeal of experiences, in preference to the purchasing of things. This year the scope of “attractive” experiences is broadening.

 

In the recent past, focus has been tandem parachute jumps and Harley-Davidson motor cycle rides. For 2013, revenue has been strong for tickets to T-20 international cricket matches, One Day International games, Rolling Stones concerts, “Cavalia”, Crown Resort extravaganzas and memberships to the Eagles, Dockers, Wildcats and other elite sporting clubs.

 

If those are not “new”, they are different. Moreover, they represent good value, regardless of the price tags.

 

CONCLUDING THOUGHTS

 

The marketplace, the economy and consumers (as well as clients) are changing. We, in business, need to change, to create and innovate to sustain a competitive edge and relevance.

 

January 1 is the start of a New Year. It is important that a “new” you rises to meet the morning, and the challenge.

 

 

Culture Bonds, Right!

We have been here before!

 

Culture has a lot to answer for.

 

In food, it's the very basis for a pathway to health, particularly with yoghurt and the like.

 

Sporting clubs consumer culture as a key explanation for on-ground and off-ground behaviour – good and bad.

 

Culture, reflected in behaviour, clothing and events, is a magnet that attracts tourists to many established European, Asian and South American countries.

 

In the corporate world, culture explains, determines and influences practices and values. It largely determined people “doing the right thing”.

 

Sub-optimal performances and inconsistent standards are often sheeted home to poor and inappropriate corporate and business cultures.

 

Positive cultures are the bonding forces that, figuratively, hold entities, nations and families together. Negative cultures and sub-cultures contribute to varying degrees of entropy. That is, the trend and tendency towards a state of disorder.

 

Sadly, many senior executives and business owners find it difficult, if not impossible, to articulate the essential elements and attributes of their organisations' cultures. That shortcoming is readily reflected in staff behaviour, branding initiatives, advertising, company product and people images (and self-images).

 

WINDOW ON THE WORLD

 

Cultures are windows through which the world, and conversely, the entity is perceived and valued.

 

Cultures are filters that often distort reality.

 

Written statements like, “we are committed to maintaining the highest customer service standards” can be contradicted and typically stand in stack relief to decisions made to retrench staff, contain costs and to our-source services.

 

Which is to be believed and responded to... by team members, customers, clients, suppliers and associates?

 

Corporate cultures enable accurate expressions of company belief systems. Gaps between words and actions create problems.

 

ROOT CAUSE

 

Consistent deficiencies and inadequacies in customer service delivery, retailing selling skills and relationship management practices are invariably consequences of, and reflect an inappropriate or poorly deployed corporate culture.

 

Well-intended training programs usually address the symptoms and not the causes. Little positive outcome is achieved from these activities.

 

Focusing on processes is misguided. It is the inputs that need to be addressed and redressed.


A definitive statement that exhibits an understanding of the nature and importance of a corporate culture is:

 

“We do it that way, because that's the way we do things”.

 

Note that the word and first person “I” has little emphasis in a corporate culture.

 

FORCED CHOICES

 

A telling test which identifies the true nature of a culture is when staff members are subjected to a choice between expending company money to provide customer service and hence, deliver customer satisfaction – or to save money.

 

It is the thought – process of people and their resultant actions, rather than craftily scripted and framed customer service texts that project and define a true corporate culture.

 

LEARNING EXPERIENCES

 

Our son David recently shared the details of an unpleasant personal life experience. He was tempted to “point-score” by responding to the disadvantage of another person.

 

He explained that he took pause, reflected on the Urquhart Clan motto: “ Meane weil , Speak weil, Do weil”, and dismissed the thought as being inappropriate and inconsistent to the values to which he adheres.

 

You will excuse me for being impressed and proud.

 

Culture statements that are recognised, comprehended and respected typically out-rank corporate mission and vision statements.

 

True cultures are character-building and defining.

 

In essence, cultures are the very expressions of the personality of an entity, a nation, a family and an individual.

 

A sobering and insightful challenge is to ask team members, clients and customers to express in humanoid characteristics, the personality traits of a business. It results in a better, more comprehensive understanding of self, be it an entity, product, service, group or individual.

 

CULTURE DISPARITIES

 

There is much to learn, develop and refine when business advertising, literature, premises, practices and policies are analysed against the datum points of the corporate culture.

 

Inconsistencies become readily identifiable. Better understandings are gained about poor and inappropriate responses to texts, behaviour, marketing and sales initiatives. Certain perception and image factors can jar.

 

Casual comments by team members too often cause conflict, annoyance and frustration, resulting in loss of sales, profits and customers. Often the primary cause is a lack of recognition of, respect for and commitment to a clearly defined corporate culture.

Tightening The Reins

Chinese curse or not, we do live in interesting times.

 

One common phrase, philosophy and set of practices current in business is to “tighten the reins”. With thoroughbred horses this may reasonably be perceived to “nobble” performance levels. So too in business.

 

Yes, a figurative tightening of all things can mean that risks are reduced, focus is narrowed – often onto cost containment – and greater control is exercised.

 

Among the additional consequences are a lessening of flexibility, a de-emphasising of creativity and innovation, a loss in recognition of the opportunities which exist, and sensitivity to the need for change.

 

Introspection can and does lead to enhanced efficiencies. Equally, a loss of an external focus may compromise effectiveness, relevance and competitive advantage.

 

The dynamics of society, the global economy and marketplaces are such that losing touch and becoming disconnected are real and all-too-often outcomes. Getting in touch with internal operations and micro-managing processes can often be at the expense of recognising, respecting, responding to and capitalising on multi-source inputs and rewarding outputs.

 

OPPORTUNITY COSTS

 

The old adage “What gets measured gets done,” retains its currency. So too does acceptance of certain innate biases within companies, typically emanating from the offices of owners and managers, as well as the corridors of power that inevitably lead to the boardroom.

 

Corporate cultures and philosophies are often moulded, refined and espoused by the leaders. Training, education, life experiences and nature all played a role and influence performance.

 

However, little consideration is often given to the lost opportunities caused by initiatives and directions like “tightening the reins”.

 

Quantifying them is often difficult, if not impossible. So too, measures of competitive standing and market positioning.

 

Notwithstanding those difficulties and initiatives, opportunity costs are borne by entities, large, medium and small in the long, immediate and short-term. It is therefore important that all strategic corporate decisions are founded on well-informed analyses of all available facts. In short, don't be blind to opportunities.

 

RISK – AVERSE,

OPPORTUNITY DENIED

 

Much of the fun and many of the rewards in business flow from the vagaries in dealing with people; be they customers, clients, suppliers, associates, competitors, staff members, shareholders or investors. Enjoy the ride!

 

The mantras of “cash is king”, “lower debt” and “avoid risk” are well and truly articulated in all phases of contemporary society, business and politics. Perhaps it is time to re-introduce certain realities, like:

 

•  Risk cannot be avoided, just minimised
•  Change is a constant state, not an option
•  Life is a terminal condition.

 

Truly great, successful and profitable entities expect, encourage, learn from and profit through failures. Their essential common creed is:

 

Fail often – but in small measures.

 

 

BIG, HARD DECISIONS

 

“Tightening the reins” usually avoids major marketing, often capital-intensive decisions.

 

Errors of judgements do not occur if decisions and choices are not made.

 

However, hope, scope, visions and growth are typically not fulfilled when big, hard decisions are suspended.

 

In short, one should be aware of the consequences and do not close one's mind to options and alternative courses of action.

 

 

ALLOW A LITTLE SLACK

 

Champion thoroughbred horses like Phar Lap, Black Caviar and Sea Biscuit, whether racing in a sprint or staying event, were always allowed a little slack in the reins.

 

Giving natural leaders there head is, well, natural. They have the right and the expectation to stretch themselves, to aspire, to achieve and to sustain. So too business.

 

Financial and operational prudence are ill-defined benchmarks. Intuition is a fundamental ingredient and a guiding value. It is also subjective.

 

A tightening of the corporate reins should be applied judicially, to avoid unnecessary and unintentional constraint.

 

To do otherwise, will bring down the wrath of the stewards, the Clerk-of-the-Course, or the shareholders and the marketplace, if you will.

 

 

KEEP YOUR HEADS DOWN

 

“In the land of the blind, the one-eyed man is King”. It is a saying which has particularly pertinent at present.

 

With so many management teams responding to calls to “keep your heads down”, the vision and perspectives are limited. Being constrained to the parameters of the figurative trenches impinges on the prospects for action.

 

Those who take a calculated risk to stick their heads above the “turrets” may well find a landscape, the marketplace if you will, with countless unfulfilled and non –competitive opportunities.

 

WHAT IF?

 

Changes and improvements in performance inevitably flow from changes in attitudes, perceptions and confidence levels. Each of the latter can be materially influenced from objective evaluations of situation analyses.

 

Therefore, the initial steps to address and to redress the emphasis of “tightening the reins” involve the agenda of all future management, marketing, planning and selling meetings to feature prominently fundamental questions:

 

 

•  What if we do...?
•  What if we do something new?
•  What if we do something different?
•  What if we stop doing...?

 

Long may you reign over hesitancy.

Regroup, Re-Growth

The dawning of a new reality.

 

There is an increasing awakening among business owners - big, small and micro - that the consequences of the Global Financial Crisis (GFC), the end of the capital expenditure mining boom and the debt dilemmas of Europe have included unintended, undocumented and non defined changes in business cultures, philosophies, policies and practices.

 

Customer service standards, relationships and instances of referrals have all been adversely affected.

 

The needs of in company signage, corporate literature and public utterances about commitments to and the pre eminence of customer service, quality, value, change and innovation remain. They stand Stark naked and contradict the daily experiences and perceptions of team members, clients, customers, associates and suppliers.

 

The ideals persist in the minds of some, but their attainment and maintenance are impeded, filtered and blocked by a seemingly omnipotent preoccupation with cost cutting, retrenchments and operational containment. Ideals are often compromised by marketplace realities. Words are debased by actions.

 

CONFUSED MESSAGES

 

Confusion abounds. Contradictions militate against well intended endeavour.

 

At the same time staff members are encouraged to extend themselves, to reach out to clients and customers to provide service excellence, to ensure accuracy, quality and value. Statements - if not pleas - are made for them to reduce costs, eliminate waste, rationalise inventories and to implement cost - free efficiencies.

 

Not surprisingly, in many instances morale is down, tensions are up, performance levels are inconsistent and tolerance levels are wafer thin. In short: the rubber band has been stretched to near breaking point.

 

BODY LANGUAGE SPEAKS VOLUMES

 

Most conspicuous in many businesses through Australia, New Zealand, Britain, Europe and North America at present is the overt body language of service providers and professionals.

 

Arguably, the gestures are unrehearsed and unintended, but they do speak volumes to the clients and customers.

 

The rolling of eyes, the shrugging of shoulders and the figurative dropping of shoulders should perhaps be confined to the underperforming Australian Cricket Test teams. Sadly, the attitudes are toxic and infectious.

 

Coaches of all codes of high performance sports and business people implore their people to look and to act like professionals.

 

Verbal slips are like dropped catches, they lose matches. Sales and relationships are literally walking out the door.

 

MAKE A STATEMENT

 

There is need for business leaders to assemble their team members to make a statement, to recommit to the corporate vision and ideals, to redefine the goals, the service values and, above all, the beliefs which have, do and that will continue to drive the company, its people and network.

 

The benefits will flow. Rekindling a sense of pride, positive self image and aspiration will be promptly rewarded.

 

Reason, not rationalism, should be the fundamental driving force.

 

Understanding, support, compassion and passion will and does engender cohesion, interpretation and confidence.

 

Declarations by business leaders and owners about tolerance of prudent risk taking, single shot failures and suboptimal performance will promote a sense of adventure, desire and proactive behaviour. Being in control is often founded on the reassurance of support from higher ranks.

 

DO SOMETHING DIFFERENT

 

One business truism is worth repeating:

 

“Nothing meaningful or better will

happen unless and until you

do something different”.

 

“Holding the line” will, at best, maintain the status quo. It is an attractive and appropriate proposition for very few entities, business owners, nations and individuals.

 

“Holding out” is perhaps worse, because one is then dependent on external factors, forces or entities to initiate a change for the better.

 

“Holding on” begs the question... for how long? It also implies you have encountered the ubiquitous “cliff” and are dangling precariously.

 

Now is the time to “let go”, not to hold on. The later implies and typically results in consolidation, contraction and solace.

 

To regroup and to seek regrowth necessitates an unshackling of mindsets, paradigms and the micromanaging of processes.

 

In many instances spreadsheets should be set aside and emphases on cost savings need to be reprioritised. All people need to figuratively and literally stand up, stretch out and walk about.

 

Talk, engagement and interactions generate refocus. They stimulate enthusiasm, facilitate recognition and differentiate one from the predictable, inertia, the mundane and lethargic norm.

 

DON'T COMPROMISE

 

Tangible and intangible rewards await those who commit to uncompromised customer service excellence, quality, value and consistency.

 

Investments in time, money, people and resources will doubtless be required. It will involve outlays before benefits, an orientation to outcomes rather than to processes, and most particularly, a bias to longer - term strategies, in preference to shorter - term tactics. Step up now:

 

Step 1:     Regroup

Step 2:     Refocus

Step 3:     Regrow

 

Enjoy and profit from the journey.

 

Differentiate Customers From Consumers

Sales, profits and customer satisfaction leakage are a fundamental current reality. A key important insight in the cause is that too few business owners, managers and service providers are aware of, sensitive to or see the need to differentiate between their customers and their consumers.

 

The consequences include sub-optimal sales, disenchanted consumers, fractured relationships, a lack of loyalty and isolated instances of previously scarce recommendations and referrals. Often there is a bewilderment and a sense of alienation on both sides of the relationship.

 

The apparent disconnect between business, service providers and their consumers is widespread. It explains in part the seeming chasm between the perceived service standards provided by companies and the experiences recalled by both customers and consumers.

 

A recent national Australian study revealed that 82% of business owner and manager respondents stated that the service offered by their businesses was either “good”, “very good” or “exceptional”.

 

Customers didn't agree. Only 8% nominated one of those three categories in their assessment of service standards in Australia.

 

UNDERSTANDABLE CONTRADICTIONS

 

The disparity is understandable. Many relationships in business-to-business circumstances are founded on the contacts between the product or service provider and the Purchasing Manager or Purchasing Officers.

 

Recent detailed analyses of 250 Australian companies of all sizes and across a wide spectrum of professions and industry sectors revealed that 63% of senior managers confessed to not knowing their customers in a full and any meaningful manner.

 

Isolating and studying the criteria utilised in the selection of companies, products, services and people enable effective and efficient strategies, tactics and campaigns to be formulated, documented and implemented.

 

With little or no direct contact between suppliers and operations executives, line managers, operatives and “hands-on” utilisers of products and services it seems reasonable that for the latter to believe customer service is poor or completely lacking. They typically conclude that specific suppliers “don't care” and “don't understand”. In the absence of personal interactions, it is indeed difficult, if not impossible, to convey a sense of caring and understanding. Emotions often influence, determine and overwhelm perceptions.

 

Clearly, greater effort is needed for all those in business to reach out, connect with and to engage with existing, prospective and past clients.

 

MULTIPLE CONTACT POINTS

 

The mobility of the contemporary workforce contributes to the fracturing, termination and fluidity of relationships.

 

Personal rapport is with the individual, including those who leave the business. Respect and demand for products, services and brands are therefore vulnerable and exposed to rapid dilution.

 

Dedicated efforts are required to establish, enhance and to sustain multiple, often interactive person -to-person and cross-departmental interactions.

 

To not to do so can literally see business, revenues, profits and relationships walk out the door as the employees leave positions and the employment with a company.

 

The loss of momentum and continuity can be, and is, taxing on revenue and necessitates the redeployment of considerable resources (time, money, people and equipment) to address and redress the circumstances.

 

Business purchase decisions can be, and are often, materially influenced or determined by external consultants. Therefore, ongoing relationships with them are imperative.

 

Likewise, intimate knowledge of who specifically scripts tender documents accords strategic advantages. Certain, high-profile international IT hardware and software suppliers dedicate some 25% of their workforce to be on secondment to work within client companies, assisting and complementing staff members to outline criteria for major capital and consumerable expenditures. Very smart. Some leaders like to not only know intimately the decision makers but to also be, figuratively, “at the table,” when decisions are being made.

 

Imagine the inherent power of product and service specifications nominating particular brand names and model serial numbers.

 

BUSINESS - TO - CONSUMERS

 

The scenario differs little with relationships involving consumers.

 

Females, typically the sole or joint heads of the households, fulfil the primary role of customer in up to 70% of instances.

 

It is she who transacts the purchase. Consumption, enjoyment and satisfaction often lie with other family members. Few direct channels exist to provide direct feedback to suppliers from the latter group.

 

Yet most importantly, they are the very people who evaluate and nominate specific brands, products, services and outlets. Alas, the unseen power behind the throne.

 

For example, up to 55% of the criteria applied in the selection and purchase of a “family motor vehicle” are determined by the children. Some younger, and discerning consumers simply won't be seen “dead” in certain brands of motor vehicles.

 

For the disbelievers, it is well to ask the mothers of three-year old girls about who decided which garment was to be bought – and which colour .

 

TRANSGENERATIONAL INFLUENCERS

 

Managing Director of the Grand Cinemas network, Allan Stiles knows well, and closely studies his customers, consumers and spheres of influence.

 

He is alert to the influence and essential roles played by grandparents and grandchildren. Who have a material impact on the sale of soft drinks, popcorn and chocolate.

 

Furthermore, the scheduling of screenings take account of these contributors to decisions.

 

Allan Stiles and his team members are forever vigilant in providing clean, appealing and safe ambiences. Sometimes the core product, the movie, is a secondary consideration or determinant.

 

NO ONE IS IMMUNE

 

No entity, private or public, product or service is immune to the ever -changing influences of customers and consumers.

 

In today's marketplace many businesses are in earnest battles to win the hearts, minds and money of existing, prospective and past clients.

 

They might need to take note, to learn and profit from a basic tenet of military strategy:,

 

“KNOW THE ENEMY”... customer, consumer

DIY Advertising.... Tread Carefully

The internet gives access to a seemingly limitless array of applications, information, graphics and capacity.

 

For the uninitiated, unskilled, naive, but often well-intentioned, it exposes owners, managers and the business to the prospect of mediocrity and, possibly, embarrassing incompetence. Beware unskilled endeavours on-line (and in life generally).

 

Internally generated images of entities, properties and individuals are often unprofessional and compromised, and responses marginalised.

 

Evidence abounds in all media and public presences. The poor quality, irrelevance, unappealing presentation and marginal readability of much real estate advertising and promotion are proof-positive of the contention.

 

Newspaper advertising volumes for the real estate sector are down by as much as 80% in some mass circulation publications. Among the common responses by those in the real estate sector is that the blame lies with the medium, rather than the content.

 

A close study and analysis of what pages are left for reading by intending home buyers quickly highlight a regression to the 1950s and early 60s: the “selling era” has been reborn.

 

A bias to Product, Price and Place is occasionally relieved by a focus on Person. Photographs for most real estate agents appear to have been taken on a mobile phone and transmitted direct to the publication. Any consideration of quality appears to have been overwhelmed by an emphasis on cost-saving. False economy indeed.

 

Would you buy a home from the person featured in such photographs?

 

Many direct - mail - pieces and hardcopy catalogues for hardware retailers, homeware networks, electrical contractors, plumbers, tradespeople and discount operations suffer from the same deficiencies. Little wonder response rates from direct-response communications have halved during the past five years.

 

In many sale and discount catalogues the things that are most discounted are the images and brands of the company, the products and the services.

 

LOW COST, LOW RESPONSE

 

A large pool of experienced, qualified, creative and innovative advertising professionals, including wordsmiths, graphic designers, media planners and strategists exists throughout Australia. They are largely unrecognised, under-valued, under-utilised and begging for the chance to address challenges and provide effective inputs for clients who value quality.

 

The costs of such talents are a sensitive issue, one which overwhelms appreciation of the value inherent in such intellectual property.

 

It is these professionals who appreciate the roles and importance of target-marketed communications, with a strong element of emotion that provides the foundations for establishing, sustaining and enhancing a compelling reason for customers and clients to visit (on-line and in person), to stay longer, to purchase, to revisit, to reconnect and, above all, to become strong brand advocates.

 

SAVE OR MAKE MONEY

 

The pervasive, enveloping forces of the current tight and competitive local, national and global economies and marketplaces have, understandably, been instrumental in instilling a sense of need and a strong drive for business owners and managers to undertake actions that save money. Save me, please!

 

The essence of commerce, enterprise, entrepreneurism and business is to make money, not to save money. The two are, in many respects, divergent mind-sets.

 

Eliminating risk taking and constantly lowering costs ultimately lead to inertia, regression, entropy and loss.

 

In a marketplace that is experiencing widespread reductions in communication, (volume and quality), the effect of an ability to stand-out, to make an impact, to resonate and to influence with well-crafted and executed advertising, marketing, merchandising, promotions and selling is immense. But, the full potential will not be realised by DIY (Do It Yourself) advertising in particular.

 

RESPECT

 

Overall, greater and more consistent respect needs to be assigned to corporate identification packages, brands, packaging, premises and staff presentations.

 

Now, more so than for any time in the past decade, disciplined adherence to standards must be invoked and maintained.

 

Advice, input and feedback from life partners, family members, employees and close associates do not qualify or achieve the status of objective, detailed and professional contributions.

 

DIFM MARKETPLACE

 

Significant strategic and structural changes in buying patterns and preference have been conspicuous and influential in European and North American marketplaces. There has been noticeable progression from the DIY (Do It Yourself) market segments in hardware, food and a host of other categories to DIFM. That is, “Do It For Me”.

 

Consumers are happy to pay for the service, the professionalism and enhanced presentations.

 

Sadly, Australian businesses have been slow to embrace the service and its opportunities.

 

In advertising, marketing, merchandising and promotions there is much to be gained by those who have recently lapsed into DIY advertising to evolve, develop and progress to DIFM advertising.

 

The selection and placement of fonts, wordings, headlines, graphics and the selective use of spacing are an art form.

 

The innate nuances have multiplying and magnifying impacts on consumers' responses and actions. This is simply an aspect of advertising and marketing that should be left to the professionals. Personal preferences have little relevance.

 

"Deploying Countervailing Forces"

Countervailing forces create tension, which in turn, establishes the dynamics of change, for better or for worse.

 

In business the two dominant forces are corporate culture and marketplace demands. Both need to be recognised, respected and managed, if a leader is to achieve and enjoy optimal performance.

 

CULTURE STRICTURES

 

Established, conservative entities often have prevailing cultures that demand and expect compliance and conformity. These often serve a self-interest to maintain the status quo.

 

Many trade and professional associations underperform because of a dominant presence on boards of executives from large, major and established member entities, whose self-interest is served by retention of the prevailing standings. Sadly, that can and often does lead to inertia. The question arises, “whose interests do we in business seek to serve?” Beware vested interests!

 

Little wonder that many companies, products and services have lost touch with market-force demands, expectations, needs and wants.

 

At all times and with each corporate culture an external focus is imperative. Such orientation will ensure relevance, currency, competitive advantage, benefits and above all, persistence.

 

DEPENDENT INDEPENDENCE

Conversely, co-operatives, buying groups and marketing networks suffer strategically and tactically because too many of those in their respective supply chains have little regard, respect for or appreciation of the innate value of a good brand. In such instances, the key issues are a lack of discipline, structure and endorsement of standards. Independence is a virtue for one, but not for an intended integrated collection.

 

In many instances, a prime casual factor for a lack of the essential characteristics of adherence and discipline are poor or an absence of appropriately applied recruitment and induction procedures. Managing expectations should be applied to those within the network, as well as among customers and clients.

 

Ownership and membership involve rights and obligations. Single-dimension rewards such as lower bulk-buying purchase prices are typically short-term, can be and are readily countered by competitors and are counterproductive in the pursuit of cohesion, integration and tolerance.

 

A state of corporate entropy soon follows. That is, - inevitable and steady deterioration: all things go to a state of disorder, in a word, disintegration. Look around, evidence of such abounds. Companies are folding, brands are disappearing and associations are merging.

 

MARKET FORCES

 

The market appeal of change, and innovation demands that businesses and associations invoke, promote, celebrate and reward a spirit centred on dynamic adherence to polices and discipline.

 

That involves risk, a tolerance for failure and the need for resilience to adapt, adopt and to enhance as an integrated, cohesive force.

 

Marketers applaud this approach, espousing the belief that consumer and client dictates determine the appropriate, and often changing set of rules and success-rate determinants. Their convictions are founded on the contention that “those who write the rules, determine the appropriateness and relevance, and are rewarded accordingly.” Consumers and clients accord such rewards in the form of increased revenue.

 

THE SCENARIO

 

True leadership is not a simple art. It involves compromise, often sub-optimal choices (typically in the short-term), the acceptance and tolerance of risk, failure and the ongoing need for change, innovation and creativity.

 

Time, money, resources and effort are needed to be invested to educate, inform, enthuse and ensure adherence to policies and philosophies by those within the supply chain and to foster appreciation by those whose needs and wants are intended to be fulfilled and satisfied.

 

All business environments exist in a field-force of countervailing forces. Care must be taken to review, analyse and, if necessary, refine the following elements:

 

•  Corporate Culture
•  Corporate Driving Force
•  Marketplace demands and expectations

 

Achieving a balance between those forces is the mark of a good leader.

 

EFFICIENCY IS NOT ENOUGH

 

The principle and practices of the “Six Sigma” concept seek to eliminate variation, errors and waste in production processes. Costs are minimised; efficiency and productivity, within a set framework and template, are achieved, optimised and maintained.

 

Efficiency is a cornerstone respected by seemingly all adherents and advocates of Six Sigma.

 

Effectiveness is quite another dimension, because change and dynamism are not necessarily totally compatible concepts to that with Six Sigma.

 

Therefore, the countervailing forces of the production, auditing, cost control, marketing, merchandising, advertising and promotional need to be managed and, to the extent possible, balanced.

 

FIRST STEPS FIRST

 

The initial phases for a company, product or service to reassert itself in the marketplace often is founded on a review, refinement and enhancement of corporate cultures, company driving forces and the ability to identify, analyse, service, fulfil and satisfy the ever-changing needs of consumers, all within the parameters of a disciplined, integrated and cohesive network and supply chain.

 

In-store, On-line, By-mobile

Business evolution is fast becoming revolution.

 

All cycles - product, strategy and campaign - are being concertinaed by a staple diet of creativity and innovation.

 

The full and true measure of opportunity is being shortened. It is not yet a case of “the quick and the dead”, but it's getting there.

 

Casual visits to stores, complemented by the traditional of window shopping have given way to on-line visits – before the buying cycle has advanced beyond the early phases.

 

Look around. One readily identifies the trappings and consequences of further advances. A total of 23 million Australians own and operate some 25 million mobile phones, of which 14 million are classified as smart-phones.

 

The world is now fast going off-line, making obsolete personal computers, the internet and, yes, tablets.

 

A mobile world has arrived and with it new opportunities, as well as inevitable failures for those entities that are not restructuring and revolutionising their processes, practices and philosophies.

 

apply yourself

 

Three increasingly popular and utilised smart-phone applications are making huge impacts and are changing local, national and the global business landscapes.

 

QR CODING

 

Quick response coding is expediting the retrieval of information and the processing of transactions. There is less need for service providers with extensive product knowledge. All the information is readily available to the consumer via their smart-phone.

 

Processing of credit card transactions can be finalised without the necessity of signing, verification of signatures and confirmation of 3 and 4-digit codes numbers.

 

That is convenient and appealing.

 

 

 

URL

 

Uniform Response Locators is an application which enables the intending purchaser to collate data about the availability of nominated and preferred products, the prevailing prices and the location of competitor premises instantly (within defined geographic parameters), all from within the first business visited.

 

It puts a whole new complexion and timeframe to the concept of comparison shopping.

 

Those businesses that aren't “wired” to and for the application are literally not in the race, or on the shopping list.

 

NFC

 

Near Field Communication enables retailers, manufacturers, distributors and consumers to interact and become actively engaged with prospective purchasers.

 

A walk down a supermarket aisle with a wired shopping trolley can generate a mine of information about displayed merchandise, special offers and joint promotions. The application informs, influences and directs consumers, empowering them with information, choice and seemingly limitless authority to buy or to ignore.

 

The one common dominant characteristic is mobility and the means is a hand-held piece of mobile telecommunication hardware.

 

FROM PASSIVE TO ENGAGING

 

One striking feature of the contemporary “mobile” economy and marketplace is the innate need for and advantages to engage with existing, prospective and past clients.

 

Some business leaders and innovators have been quick to embrace the principle of “joining the conversation”.

 

Reliance on passive mass-media-based advertising campaigns that are centred on discrete 30 and 60-second radio and television placements or in set-sized print and outdoor advertisements is waning. The consequences are evident in the stock-market values of traditional mass-media companies.

 

Previous “rivers of gold” revenue streams, particularly enjoyed by newspapers, in real estate, homebuilding, land development, motor vehicle sales and employment have migrated to on-line channels and are fast evolving to mobile application sources.

 

The content, context and style of communications are under constant review and refinement. New has become news – with strong underpinnings of value, worth and relevance.

 

FROM SCARCE TO PLENTIFUL

 

An integral aspect of the transition to the current “mobile” economy and marketplace is the obsolescence of the “dark art” of traditional economics.

 

The discipline of economics was founded on the allocation of scarce resources. That belief and the consequential economics business model are understandable, given their genesis during the mercantile era of centuries past.

 

Mercantilists dealt with the exchange and trading of “things”. In essence, if one had a “thing”, then by definition another didn't. The need or the want for such determined its monetary value. Economics assigned relative values and priorities for the determination of what resources would be allocated for the extraction, manufacture, development or growth of differing commodities (typically, things).

 

In the current “mobile” economies and marketplaces entities, consumers and governments have to contend with abundance, a seemingly endless supply of information, channels, sources and audiences.

 

Access to such is often just a click away. For many this is a daunting reality. For others it offers choice, power and influence. Arise, the informed, discerning, price sensitive and demanding consumers. These are individuals and subgroups who are not economical in the use of those options available to them.

 

Multichannel and omni-channel are phrases and concepts that are and will be essentials for competitiveness, relevance and to be capable of managing and fulfilling customer expectation.

 

Care must be taken to ensure that the focus is not on the process, but rather on its application. Success will be enjoyed by those who respect the need to be effective and efficient in which “How”, not “What” is applied to realise the apparent boundless scope for growth and development.

 

THE BIG CHALLENGE

 

Many of the global on-line leaders, including Facebook, have found it difficult to generate income and profits from the migration to mobile.

 

That is a storyline common to many local businesses which have recognised and then embraced the changing trends. Many have become bemused and frustrated by the marginal quantifiable returns.

 

Therein lies the big challenge. Adroit strategies, judicially applied and maintained will be rewarded and competitive advantages enjoyed. One fundamental will be the need to build effective bridges between in-store, on-line and by-mobile.

 

Selling Era Returns

          

 

 

Regression. It is a chilling thought for business leaders and marketers. More disturbing is that for many businesses it is, seemingly a current reality.

 

Individual, sector and collective advertising have regressed, gone backwards to pre-1962 style advertising.

 

A review of much current advertising highlights a preponderance of product/price/place cataloguing in national, state, metropolitan and local newspapers, together with the copy of direct-mail pieces, along with the focus of television, radio and online communications. There is scant or no evidence of projecting the promises, advantages and benefits of value.

 

Little wonder business owners and managers report limited and spasmodic responses to advertising (regardless of the media utilised), heightened price sensitivity and a decided lack of consumer loyalty, repeat and referral business. These are natural consequences of communication which lacks emotion, positioning, brand imaging and, above all, consumer and broader market education.

 

“Price catalogue” advertising and merchandising presumes consumers/readers/ viewers/listeners are aware of brand attributes, are informed about features and points of difference, have determined value and are now simply seeking to conclude a purchase decision based on the best available price. That is a reasonable presumption for not more than 20% of customers for a broad sweep of products and services.

 

The primary concern for marketing analysts and strategists should correspond with that of all business owners, managers, sales and service professionals. The core focus should be on the 80%+ of prospective customers and consumers who could be, and will greatly value being educated, marketed and sold to, so that they can conclude informed discerning and value-based decisions.

 

Sadly, too many jewellery, hardware, fashion accessories, cosmetics and other discretionary product categories are being “sold” on price discounting.

 

Bold price-centric “Sale” advertising copy replies on the economic rationality of consumers, in an era in which established business models have been replaced, and which is driven and influenced by sentiment.

 

Calls for significant 0.5% and 1% reductions in official interest rates by retailers, home builders, real estate agents and property developers are, perhaps, understandable, but misplaced.

 

Lower interest rates will not stimulate widespread improvements in consumer and public confidence. A lack of confidence is not the major impediment or “head wind” that is inhibiting demand and sales.

 

Consumers have changed. By and large, they are not afflicted by a lack of confidence. Most individuals, couples, families and corporate executives and boards of directors have embraced and are adhering to a strong measure of financial prudence.

 

In short, they can spend, but are not doing so because they feel the “rewards” from saving exceed those enjoyed by spending at this time.

 

A large percentage of the full-and multi-page price-centric newspaper advertising is not recognising, addressing or redressing the new marketplace frame-of-reference.

 

WHO'S TO BLAME?

 

During a recent interview on Perth radio station 6PR, host Paul Entwistle stated that he had withdrawn from his university studies in marketing because his lecturers exhibited a consistent over emphasis on price-based marketing.

 

He earnestly believed that he was being subjected to lectures on sales, not marketing and that there was a better and more profitable way to do business.

 

It was a sobering wake-up call from an astute, 30-something media commentator.

 

Perhaps a new product-oriented selling era has evolved. To Paul, it had all the hallmarks of regression, and with it all the downsides of extreme price sensitivity, lack of loyalty and widespread ignorance and indifference about the innate value of recognised, trusted brand names.

 

IN-TOUCH MARKETING

 

The companies, products, services and applications that are enjoying local, regional, national and global success have common philosophies, attributes and marketing strategies. Apple, Twitter, Microsoft and Nike respect and utilise their recognised and trusted brand names, with an emphasis on product and service development, enhancement and support.

 

For these entities, innovation and creativity are not aspirational goals. They are realities and imperatives - core values. Discounting, sales and price offers seem incompatible and inconsistent with their respective and collective market presence.

 

There is a certain “feel-good” factor in deciding to buy, own and operate those brands. The measure is subjective and the outcomes are value and customer satisfaction.

 

POST-WAR BABY BOOMERS

 

There is nothing post about the “baby-boomer” generation.

 

Those born during 1945 – 1962 experienced and were an integral part of the birth of marketing and the consumer era.

 

The first school of marketing in the world was established at Harvard in 1947. Birth rights were assigned to the “Consumer Era” in 1962, as the first of baby boomers reached 17 years of age, left school, secured employment and began consuming in earnest.

 

The emphasis on product features was subsumed by brand names, images, fun, freedom, choice and emotion, Carnaby Street, Jane Asher, Twiggy, The Beatles and projected images, to which the new consumer era purchasers wanted to relate.

 

Many younger generation X, Y and Z members relate to, enjoy and are influenced by the music, lifestyle pursuits and images of the marketing era.

 

CHANGING DIRECTION

 

The calendar year 2013 is a tipping point, during which there will be a change of direction by those seeking success. They will discard regression, embrace progression and become involved in the procession of emotions, marketing and value.

Arm Yourself, For The Battle For The Mind

 

Social media, and the internet in general, are largely “blind” media.

 

They can be frustrating, time-wasting and inefficient.

 

Entries and enquires about wide-ranging but pertinent topics, products and services elicit countless responses, most of which are irrelevant and unappealing. Information overload abounds.

 

Use of SEO's (Search Engine Optimisers) simply cluster companies, brand and service names, among large, often spuriously ranked groupings.

 

Being on the shopping list has very little quantifiable and lasting value. Nor does the standing of being “first amongst equals”.

 

Establishing and sustaining unique, differentiated presences in the marketplace is difficult.

 

In the brave and new world of digital, mobile, on-line, multi or omni-channel reality, the importance, nature and value of effective branding is deepened and broadened.

 

PROMOTE BRAND NAMES

 

Investments in brand names have strategic and tactical implications.

 

Recognisable, well defined and promoted brand names, that have a consistent and conspicuous presence, enjoy almost unassailable competitive advantage.

 

Traditional mass media channels are fracturing. Forced choices between channels and brands are redundant options. Integrated multi-channel (or omni-channel) communications are imperative, because it is difficult to select a single medium and to analyse its effectiveness among targeted audiences.

 

Interestingly, the most effective, most profiled and most heavily used social media are brand names which have entered the general public lexicons and been transformed from nouns to verbs. Think, Google, Twitter and Facebook, each of which now implies actions being taken by followers and users of the respective social media brands.

 

Moreover, these social media icons have been their own promotional product platforms.

 

BATTLE FOR THE MIND

 

Since its creation in 1969, by advertising and marketing leaders Jack Trout and Al Ries, the concept of “Product and Marketing Positioning” has been the foundation of all great advertising, marketing, merchandising, promotional and selling strategies and campaigns.

 

Astute business leaders and product managers were quick to learn that the battles for market share, revenue, profits and competitive advantage were not being fought in the streets, the marketplace or economy, but rather, in the minds of consumers and clients.

 

The mind is a dark void, free of the external visual, aroma, touch and spatial stimuli.

 

Visual merchandising professionals often refer to “scotomas”, that is, “store blindness”. Consumers simply do not see, perceive or respond to product displays, signage and attractive visual presentations.

 

The innate nature of on-line and social media is brand blindness. For those who overcome these barriers, filters or distortions, better times and competitive advantages await.

 

Positioning and reinforcing the brand name in the mind of the customers and clients through effective use of promotional products is fundamental.

 

In many instances the mind is uni-dimensional. That is, it brings to attention one brand... the first brand... the brand that wins the battle for the mind.

 

ON-LINE ENHANCEMENT

 

The widespread disillusionment among business leaders about the lack or spasmodic return from investments in on-line and social media is best addressed and redressed by effective cross-media promotions, that heavily accent brand name promotion.

 

At the forefront are, or should be, promotional products in their many guises and applications.

 

On-line, and in business life, it is better to be first than it is to be better. Those who are first (in the minds of existing, prospective and past customers and clients) do not have to contemplate being better. In marketing, first is an absolute. The first company, product, service or person is recognised and often accepted as the universe. There are no comparative measures.

 

SHARE OF MIND

 

The long-held adage in advertising of “share of mind equals share of market” is a truism which should be pillar for promotional products.

 

In short, all business people need to recognise, respect and adhere to the principle of getting there first and staying there. One effective means to that ideal is promotional products.

 

CONCLUSION – NO CONFUSION

 

To achieve “cut-through” in marketing and advertising it is important to avoid clutter and distractions.

 

Promotion products, by their very nature, are focussed, specific and brand oriented.

 

Accordingly, they are an important, pre-emptive and complementary component to an effective integrated and disciplined multi-channel mass media campaign.

 

So go on, do your job. Go out and promote that which works well in the contemporary market place... brand names and promotion products.

 

Reach Out, Connect, Engage

Omni-channel and multi-channel are in-vogue phrases and concepts. They reflect the presence and need for parallel and compatible avenues to reach out, connect with and to engage existing and prospective clients and customers.

 

TWO-SECOND ATTENTION GRABBING

 

Consumers and corporate executives are increasingly scanning media sources, with little inclination to undertake detailed study and comprehension of the wealth of available information.

 

Therefore, the challenge for all communicators is to grab and arrest the attention of targeted audiences within a 2-second time span. That equates to a maximum of four words.

 

In short, think and develop skills in creating and enunciating headlines. The trends evident in the transition of newspapers from broadsheets to tabloids should be applied by all businesses. Single-word headlines can be effective in projecting statements and challenges, while also injecting emotions in many topics.

 

Short, pithy newspaper, catalogue and outdoor advertising headlines are effective means to generate increased contact with on-line channels, which provide detailed and comprehensive information and intelligence to progress and expedite the purchasing process.

 

TALK IS CHEAP


Much is made of the personal and intimate nature of on-line and social media interactions.

 

It is a characteristic and skill found wanting in many communication strategies. Engaging people, customers and clients on-line involves personal, individual and real-time interactivity.

 

There is nothing more customer-centric than having the individual believe that he or she is the centre of their own unique universe.

 

Interestingly, the aspects of personal contact and intimacy are elevated when cross-channelling strategies lead to verbal communication. The spoken word has the added attribute of nuances and emotions which are readily registered and valued by consumers and prospective customers.

 

Talk is cheap, but wages are high... an understandable and predictable sentiment. However, when measures are applied to sales conversion, effectiveness, efficiency and productivity, talking directly and personally to a customer is value.

 

BE ACTIVE, NOT PASSIVE


Out-bound, unsolicited telephone calls are widely tainted with negative stigma. Inertia-selling techniques elicit defensive and negative stereotypical images.

 

Recent marketing study findings reveal that some 98% of company-initiated telemarketing calls are rejected or declined in the first instance.

 

The single biggest reason for the lack of success of such calls is “the time is not, or was not right”. Numerically, it is double the percentage assigned to having no interest in or demand for the product or service on offer.

 

Significantly, 83% of survey respondents stated that no attempt had been made by telemarketers to schedule a follow-up call. Alas, opportunities lost.

 

A distinctively different set of responses arises when consumers who initiate contact on-line are invited to receive an immediate return telephone call by landline or mobile. This is particularly the case when considerable emotion, subjectivity or information analysis are involved in the purchase decision.

 

Buying commoditised, price-sensitive products and services involves a very different set of dynamics. In such circumstances on-line communication alone will often suffice.

 

VERTICAL CHANNELS TOO


Omni-channel and multi-channelling is not limited to lateral relationships. It should also involve vertical channelling. An example is the relationship between the interest and demand which is stimulated and generated by mass-media placements and the closing of the buying process by disciplined, well-informed and appropriate selling by point-of-purchase service providers.

 

Huge percentages and dollar values are forsaken and lost because front-line staff members are not aware of the conduct or the specifics of marketing, advertising, promotional and merchandising campaigns. Compounding the issue is that management does not involve staff members in the campaign launches and schedules, with particular attention to formulating, documenting and implementing particular sales strategies, to optimise sales and profits.

 

TEMPTING TECHNOLOGIES


The introduction and application of divergent technology in the interactions with customers foster disconnection and a lack of engagement between consumers and service providers who are the essential brand ambassadors and image builders of companies, products and services.

 

It is now possible for consumers to visit supermarkets, walk the countless aisles, make product selections, pay for the purchases and leave the premises having had no interaction with supermarket employees.

 

Fading brand loyalty will become an increasingly conspicuous phenomenon in the near term.

 

CONCLUDING COMMENTS:

Omni-channel and multi-channel is now a non-negotiable reality. The concepts applied must be vertical and horizontal for the full potential to be realised.