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Friday, July 31, 2009 What great marketing looks like My first reaction when reading Andy's post on Klimpton Hotels today was "wow, that's great marketing at work." Second reaction was, " I'm not sure many marketers would recognize this as marketing to begin with." How many marketers think marketing is about the Web site, the collateral, the signage, the newsletter, and activities strictly focused on marketing communications? Marketing is far more than that. It's the entire experience you give your customers. Klimpton has done a lot to create great experiences for their customers, with lots of buzz-worthy features. And as Andy points out, even when they screw up, their response is genuine, transparent and fast. That's all good marketing. The unfortunate truth is that not only do many marketers not see this as part of their job, most organizations don't realize the impact on revenue these "operational" experiences have. The experience and operations is the marketing for service-oriented businesses like Klimpton.
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Thursday, July 30, 2009 Capturing daily feedback from your team & industry "I thought I'd share with you one of my favorite management tools. I call it our Highs, Lows and Need to Knows. These are my "tea leaves"... I see a lot of trends, allows me to celebrate successes, find out what's bogging our sales department, and what they are hearing in the industry. "Everyday, I send a simple survey to our sales team. It has three simple questions on it. What was your high point of the day? What was your low point? And anything you heard that management should need to know? It arrives in their inbox at 4:55pm every day, so the last thing they do before they go home is reflect on their day and get things off their mind. I use Constant Contact to send the survey. It's the first thing that I read in the morning, and I love it. It gives me any key items that I have to look at first thing in the morning. We discuss it at our huddle, and get it done! It's about seeing trends sooner than your competition and the market."
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Wednesday, July 29, 2009 Too many sales & marketing messages, unfortunately, talk about “what” and “how”. And at the front of the sales process, that’s a shame. You’re proud of what you’ve built, which is great. You have six new features in the latest version, awesome. But if you lead your pitch with a description of what you’re selling, or how it works, you’re skipping the most important part of the conversation. Why the customer cares. When you write about why, you’re addressing your customer’s world. You’re speaking their language, feeling their pain, building credibility by associating with the challenges they face. Those challenges, that pain, is what drives demand for your product or service. It’s why people buy. If your prospect doesn’t have that need, or you haven’t established or created that need, selling the prospect on what you have and how it works isn’t going to help. You’ve done nothing to build value, and given the prospect no context for which to understand why they need to talk to you in the first place. In the end, it all comes down to why. Yes, you may eventually get to a product demo and operational training of how to get started. But the top of the funnel is all about why.
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Wednesday, July 29, 2009 Five ways to create innovation throughout your life Braden Kelley was kind enough to let me guest-post on his excellent Blogging Innovation blog today. He (as well as his contributors) cover a wide variety of innovation-related topics specific to the workplace, but I wanted to explore how those same concepts apply to several other facets of our lives. Check it out here.
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Tuesday, July 28, 2009 B2B lead generation: Four better measures of success If you work for or with a marketing team that drives leads for a sales team, it's likely a mistake to measure your success based on lead volume. Lead volume doesn't matter. What matters, of course, is revenue. Your job as a marketer is to give your sales team the best opportunities possible to close business, increase sales, and grow the value of the overall business. To that effect, there are far better ways to measure marketing success instead of pure leads. Here are four I like in particular:
Last but not least, there's of course cost per lead all the way through to the sale. Too many B2B marketers measure cost per lead (and sometimes even cost per in-profile lead), but fail to look at relative marketing cost of the opportunity and sale. A certain lead source can look great based on cost per lead, but if the conversion to opportunity and sale (not to mention lifetime value) is too low, leads that cost more can actually be better for the business after sale price and renewals are factored in. What success measures work for your marketing team to drive focus on revenue?
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Friday, July 24, 2009 I had a great meeting with Nic Wildeman of Lionfish Creative this morning. Check out their Web site and you'll see that they're very good at creative and design - their work is fresh and engaging, it "makes you look." But what I particularly liked about Nic and Lionfish is their perspective on design, summed neatly by Nic's comment below: "The best creative work in marketing must serve a client's business purpose, else it is art for art's sake, and that is not our business." These are exactly the words you want coming from your brand's creative shop. Every facet of your execution - including strategy, copy, offer and design - needs to align with your purpose and objectives. Too many creative resources - both in-house and via agencies - focus on creative that wins industry awards, which is nice for the agency walls but not as helpful for the client's sales goals and bottom line. But the blame here isn't always with the creative shop, but too often also with the client. When you fill out the creative brief, do you describe how you want the ad to look? Sure. Do you also describe the brand's revenue or market share objectives, and how the creative needs to align to and deliver those results? Not always. Your execution is as good as its weakest component. Don't let it be the creative (and don't always blame the agency or designers when it is).
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Thursday, July 23, 2009 The two most important questions in partner marketing
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Wednesday, July 22, 2009 Restaurant marketing basics: Five tactics to get you started
With each new diner, you have an opportunity to win their business again, and win their pass-along recommendation to countless other potential diners in their network. These ideas are just the tip of the iceberg, but you've got to start somewhere. Web Site If for no other reason than to ensure prospective diners can find your contact information when searching for somewhere to eat tonight, you need a Web site. If you don't have one today, you can register a domain with GoDaddy.com for eight bucks a year, and use their WebSite Tonight tool to put something up with basic information, a phone number, your hours, and even a menu. Better yet, add online ordering and reservations to the site. There are companies like ClickEats that will do this for you quickly and inexpensively. The more you can help prospective customers not only learn more about you, but also immediately engage, the more likely they are to come for a visit. Testimonials Testimonials and user reviews are the lifeblood of good restaurant marketing. Sure, your menu looks good. But what have others said that have already tried it? Sites like Yelp make it easy for customers to review and rate restaurants, but don't count solely on third parties to control and aggregate your testimonials. Ask your happy customers for a simple sentence or two after they're done dining. Put those testimonials near the front door (along with their picture would be a nice touch), and add them to your Web site as well. There are countless ways to collect and leverage testimonials, but if you're not asking for them today, get started now. Come Back Coupons You want that first-time diner to come back, right? Why not give them a simple coupon offering something discounted or free on their next visit? Put it underneath their receipt when they leave, or simply stamp a message right on their take-home receipt as a reminder. This in-person coupon distribution is extremely cost-effective and will drive both direct and pass-along new business (do you really care if those diners give the coupons to someone else? In fact, that's even better!) Free Samples When diners sit down for a meal, why not give them a sample of either an appetizer or dessert? It's unexpected, appreciated, and a great way to start the experience on the right foot. Plus, it will likely drive more diners to purchase those appetizers and desserts to increase their overall ticket. Take it a step further and give them a sample to-go when they leave - either something new to the menu or something you think they might like next time based on what they ordered today. Again, unexpected and appreciated - and I guarantee it'll help them remember you and want to come back. Collect Email Addresses Email addresses collected with permission of your customers is one of the best ways to maintain an ongoing conversation with them between visits (and to encourage more visit frequency and pass-along to their friends as well). When collecting email from customers, make it worth their while - offer a free dessert, or drawing for a free lunch, in exchange for their contact information. Also be clear what the benefit is of being on your list - exclusive offers, birthday and anniversary surprises, new menu additions, etc. With that email address, collect special event dates as well - birthdays, anniversaries, and even preferences on food & drink. When customers volunteer this information, they're more likely to respond when you come back with related special offers and invitations. There's much more to do here, simple & easy things every restaurant owner can do to accelerate customers and revenue with little to no out-of-pocket cost. I'll post more ideas soon.
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Wednesday, July 22, 2009 I’m a big believer in supporting local businesses. In these economic times especially, it just feels right to do so. The Kirkland Reporter recently published a short piece I wrote highlighting seven specific reasons why shopping local can save you time and money. Check it out here.
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Thursday, July 16, 2009 Three ways to set up a BIG sales month Here are three things you can do the beginning of every new month to hit your sales goals:
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