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Matt on Marketing

A blog about marketing and selling

Monday, June 29, 2009

Don't read this book

Most business books take an entire 200-300 pages to make a single point.  Oftentimes, the book’s length helps make the point with examples, case studies, explorations of different components of the primary point, etc.  But sometimes, what you really needed was something short – just 2-3 pages perhaps to get the gist.

That might be why I liked David Meerman Scott’s new book World Wide Rave so much.  It’s a relatively short book, with a focus on how to get our customers – your fans – to spread your ideas and share your stories with those they know.  It’s an excellent treatise on how to create and drive word-of-mouth for your business or brand.

And what makes it even better is that you don’t have to read it.

Pick up the book and flip to a random page.  You’re likely to landing on the start of a new, short topic that will spark your creativity.  This book is full of short but powerful ideas, examples and inspirations related to spreading the word about your products and services virally.

When I first picked up a copy, I didn’t have time to dig in and read it right away.  And thank goodness.  Over the next couple days, I literally would pick it up every once in awhile and just flip to a page.  Tons of great content and ideas in a short, easy to follow, quick-hit format.

For marketers especially, I highly recommend this book.  Just don’t read it (at least not like that).

 

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Monday, June 29, 2009

It's about customers, not technology

Amidst a great post on social media execution strategies within large organizations, Jeremiah Owyang from Forrester reiterates an important point about what social media is really about:

"80% is Strategy only 20% is Technology. Eighty percent of social media success is dependent on understanding customers, defining an objective, and assembling the right strategy that encompasses: plans, roles, process, budgets, measurement, and training --not a focus on technology.

"The faster brands can realize that approaching social marketing and collaboration isn't about technology, but about process and change management the better off they are."

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Friday, June 26, 2009

Don't call it a white paper

Just heard a radio ad for an online university that offered a white paper to listeners as a lead generation tool.  The content of the white paper, given the ad’s intent and intended audience, was pretty good.  The fact that they called it a white paper, however, was off the mark.

The concept of white papers is more often seen in B2B marketing, but the idea of giving consumer product customers access to free, educational information isn’t exactly new.  It’s just that smart marketers never refer to those offers using industry lingo.  Instead, you’ll more often hear things like “special report”, “free money-saving tips”, and the like. 

Even with some B2B buyers, the term “white paper” isn’t exactly going to resonate.  For some audiences, IT buyers for example, an explicit white paper offer might work.  For retail managers or small business owners, probably not.

Reminds me of a Subway radio ad a few years ago that literally referred to its customers as “consumers.”  For internal planning, fine.  For creative, never.

 

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Friday, June 26, 2009

A lesson in transparency

This post from Matt at SmallBizBee was humbling.

But my first reaction after reading it was actually, "Gee, my handwriting really is awful!" , followed by a re-read of how he had both interpreted and shared our communication exchange from earlier in the week.

Everything we do, say and write can come back to help us or to haunt us.  Every element of our communication reflects and shapes who we are, and how others perceive us.  This goes for communication outside your company - to customers, prospects, vendors and partners - as well as those you work with inside your organization.

It speaks to the importance of consistency and respect as much as anything.

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Friday, June 26, 2009

Hiring (or firing) the right people

Jim Collins has written extensively about who you should take into battle with you each day in your organization. He's written mostly about finding the right people, but his rules equally apply to ejecting the wrong people.

Take his list of criteria for the right people below, for instance. Think about the people in your organization right now who exhibit the exact opposite characteristics. Can you afford to keep them around? Isn't their drain on the organization exacerbated in this economy?

  • The right people fit the company's core values
  • The right people don't need to be tightly managed
  • The right people understand that they do not have "jobs" - they have responsibilities
  • The right people fulfill their commitments
  • The right people are passionate about the company and its work
  • The right people display window-and-mirror maturity (i.e. they give credit when credit's due, and take responsibility when things go awry)

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Wednesday, June 24, 2009

Hyatt is trying too hard (why loyalty is earned)

Going the extra mile for customers is a hallmark of great brands worldwide.  The Ritz Carlton has become famous for it.  More recently, so has Zappos.com.

Last week, Hyatt Hotels announced they'd really like to be known for doing extraordinary things for their customers as well.  CEO Mark Hoplamazian announced a program called "random acts of generosity", in which the hotel chain will randomly pick up the tab for various amenities and services during your stay.

The concept is good, but Hyatt's trying a bit too hard.  And it probably won't work.

Why is the Ritz Carlton known worldwide for exceptional, above-and-beyond service?  Because it's core to their brand DNA, it's something they practice daily with every single employee, and it's something they've been doing for years.

Zappos.com has less of a history, but is equally committed to an organization-wide customer focus.  Read anything from their CEO (or even their employees) and it's clear this is not a random or new initiative.  It's just how they do business.

These are enviable positions, but they didn't come easy.  They were earned.

Hyatt's not there.  This program, ironically, could work the opposite of how they intended.  Say you're sitting at a Hyatt bar, and the guy next to you has his tab picked up by the hotel as part of the program.  You, however, are still paying.  How does that make you feel?  What are you going to tell your friends?

Even the guy who had his tab picked up can't guarantee his friends the same service when they next visit a Hyatt.

Stay at the Ritz, or buy shoes from Zappos, and the same high bar for customer service applies to everyone.

 

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Wednesday, June 10, 2009

Hiring the right people

Hiring the right people in your business is possibly the single most important factor in achieving success. Yes, external and other factors (some outside of your control) play a huge part too. But the right people can take those factors and make the necessary adjustments to help your business grow and thrive.

This point seems to have more consensus than the method by which you filter and evaluate those prospective hires. The book Topgrading, for example, recommends lengthy interviews to get at the heart of a candidate's true potential.

But Chip and Dan of Made to Stick fame argued recently the exact opposite point - that interviews are largely worthless (at least in terms of predicting future performance), and that work samples, job-knowledge tests, and peer ratings of past job performance are far more valuable.

Read here to see more of their point and a few examples.

I don't think there's a right answer leaning exclusively on either side of the argument, but focusing on work samples and the like first will likely serve as a time-saving filter on candidates that clearly don't make the grade, and weren't worth your time to interview to begin with.

Focus your time on the remainder, and you're far more likely to be speaking primarily with candidates who can make a difference.

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Tuesday, June 9, 2009

How would you make baseball's draft more relevant?

Major League Baseball's annual amateur draft is this evening. The game's best amateur pitcher in years is guaranteed to be picked first by the Washington Nationals. Several top draft picks could be playing for your major-league team in just a year or two.

Yes, despite other sports that receive weeks of hype and hours of TV coverage for their drafts, many baseball fans likely don't even know that today is draft day.

Why the difference for baseball? For a game that has deeper roots than any other major sport, experiencing a surge in popularity and ticket sales in recent years, the draft is still not a very big deal.

Traditionally, this likely had more to do with the draft's near-term impact on major-league clubs than anything else. In football and basketball, top picks are all but expected not just to make the team, but to contribute in their first year. Therefore, NFL and NBA drafts have a direct impact on the following year's season.

Baseball draft picks, by comparison, have traditionally taken years of seasoning in the minor leagues to be ready for The Show.

But that's starting to change, thanks to Moneyball and the way most big-league clubs are picking their amateur talent. With more and more college players chosen in early rounds (instead of high schoolers), draft picks are better seasoned and can be faster to rise to the major league level. Tim Lincecum was a top draft pick in 2006 out of the University of Washington, and won the Cy Young in 2008. That same year, Brandon Morrow was drafted by the Seattle Mariners from Cal and was throwing 100+ MPH heat in the Seattle bullpen the next year.

So let's look at this from a marketing perspective. The relevancy of baseball's draft on a big league team's near-term roster has improved significantly. If you're a marketer for MLB, how do you increase the draft's fan impact? How do you use draft day to promote the game in general? How do you help market draft picks as the stars of tomorrow - both for the game overall as well as each major-league club?

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Monday, June 8, 2009

Which team looks familiar?

Take a look at this chart (click to enlarge) summarizing typical team behavior (especially at the executive level) for companies on their rise to the top, as well as companies on their way back down.

It's from Jim Collins' excellent new book, How The Mighty Fall, summarizing the traits of companies on their way up towards the pinnacle of success, as well as traits that typically symbolize an organization in decline (whether or not they know it yet).

You'll probably recognize behavior on both sides. Changing the "on the way down" habits in your organization can be difficult, especially if they're baked into the current culture. But hard doesn't mean impossible.

What are the things you could do - this week - to get your teams thinking, and acting, more like the column on the right?

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Friday, June 5, 2009

Get people talking

It doesn't take much to get your customers talking - to each other and to you. Just give them a reason!

The Tully's Coffee in Lincoln Square in Bellevue, Washington tapes the day's Seattle Times crossword puzzle on the bar where customers pick up their drinks. Cumulatively, throughout the morning, their customers finish the puzzle.

Along the way, they're talking to each other, engaging the baristas, and have a fun reason to keep coming back to that shop whenever they're close (there are literally seven other coffee shops within a 1/4 mile radius).

What are you doing to stand out (even a little) and get your customers talking? It clearly doesn't have to take much.

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