Archives for category: Marketing

The word content is everywhere. It’s the buzz word for marketing, especially digital marketing, sales and the online world. You’re nowhere and no-one without content.

Content hasn’t really changed its meaning from the original. It’s still the stuff inside that’s important.

My 2 brothers and I are in 3 completely different industries. I’m in sales and marketing consulting, brother 1 is in natural history broadcasting and publishing, brother 2 is in English language teaching literature.We all create content for a living, which is perhaps what you might expect of 3 siblings with conjoined DNA.

We’re all involved in content, but we wouldn’t call it that. We would call ourselves writers (among other things, polite and otherwise).

Don’t get hung up on the word content. It’s not a new piece of jargon to be afraid of. It’s still about writing engaging stories that your audience can identify with and derive something from.

The number system is a handy thing. You know the sequence of it and this helps you navigate life and work in an incalculable – pun intended – number of ways.

It’s only when the numbering system becomes unpredictable and lets you down that you feel helpless and want to exclaim ‘WTF!’ very loudly.

Take the numbering system in the estate I live in. Calling it maverick would be like calling a serial killer troubled. You struggle to fathom why they did it that way. I swear people never give a thought for how someone – possibly at some point a customer or buyer – can find it so hard to find a place for the first time. I don’t know a resident of the estate who understands how the numbering works. Our postman does, but that’s his job after all. You get visitors coming in asking ‘excuse me, I’m looking for number 37?’ and you have to say ‘I’m sorry, I do live here, but I don’t know. The numbering system is a mystery. You might try down there, but no promises.’

The other day I was travelling to the new London office of a client for a meeting. I had in my head a picture of where the office was, but when you emerge from the underground you rarely know which side of the road you are. There tend not to be helpful exit signs like ‘High Holborn – south side’. As a consequence, you don’t know which direction to go. Try asking someone which way is east, west, north or south – so easy in the US and engrained in city-building and thus people’s heads – and you’ll get a confused look as if you asked them what the chances were of seeing a Hutu tribesman on the south Pole.

I was advised to go in one direction, which I did for a few minutes. Following numbers is harder than you might think, as few offices or shops display their number, possibly because they don’t want you to find them the first time. After a while I realised that the numbers on both sides of the street were heading in the wrong direction. So I did a one-eighty and headed the other direction, but suffered the same fate. Worried that the bank of offices I needed were in fact held somewhere in a parallel universe, I enquired again and was sent back the original way. Sure enough, the numbering went against me again, but then after 5 minutes started to move in my favour.

Why on earth would you make it difficult for people to find you the first time, people who want to give you their time and money? Madness I tell you, madness.

I recently wrote a post on the successful sales manager’s magic word. That word was buffer.

It might also be prudent to offer a suggestion on what the successful marketing manager’s magic word is.

That word is buffer, as well. In fact, building buffer is a pretty good mantra for everything we do, from all types of work to how we manage our leisure time, our coffee appointments, our train departures and our meetings.

Just as the successful sales manager builds buffer around a team target that’s lower than the sum of the individual rep targets, so too should the successful marketing manager build buffers around the different marketing initiatives, especially around demand generation which in B2B circles is so essential to the successful sales manager, relying as they do on a steady stream of leads from marketing.

If you have a team of individual outbound ‘demand gen’ reps working the phones, make sure that the total of their individual targets is more than the team or company total. Similarly, if you have a range of outbound activities planned for the quarter, make sure that the sum of the targets for each of those activities – in terms of leads, opportunities and resulting revenues – exceeds the team or company total. You need to insure yourself against activities not happening or underperforming, or a rep underperforming, getting sick or leaving to give you a back-fill headache.

Remember to go back and measure the actual performance against target too, for the previous period. Then over time you can improve and be able to refine the amount of buffer you need to build into each area.

Even the best laid plans and estimates go awry. Give yourself some buffer, to make sure you can over-deliver on your promises.

The Power of Personalisation

The Power of Personalisation

I received this email in my web mail inbox the other day – and I loved it, both as an individual recipient and consumer of email and as a marketer.

There’s nothing new in it, and I won’t be able to convert my interest in action as I live in another country and can’t easily attend games.

That said, for me it epitomises the power of personalisation. Both the subject line and the quoted phrase are redolent of sporting chants, as well as pandering to my ego. The email is visually appealing, the strapline appeals to me as a fan – and a customer – who can make the telling contribution to success, and the ask is a simple one: we’d like you as a season ticket holder.

Superb stuff. Of course, I don’t know how the email turned out. I don’t know too much about the target demographic. I am willing to bet, however, that it performed particularly well against target.

It was Tom Peters who said that ‘perception is all there is’. I’ve talked about this quote before, and its importance, but for me there’s something also inviolably true, and it’s a bit like the other side of the coin.

Perspective is all there is, too. Perspective is your perception of the world, and, more importantly, someone else’s or something else’s perspective. I was reminded of this in the most mundane way recently. Having made myself a cup of tea, I was bringing a soggy tea bag over to the bin, supported by a spoon and, under it, my free hand to catch the drips. The spoon looked full of tea in the side I could see, so I tilted it away slightly. As I tilted it away, it dripped tea from the side I couldn’t see, which was obviously fuller, or at least as full, as ‘my’ side. I hadn’t checked the other side.

It always pays to try and understand the perspective of the other person, in a transaction, in politics, in pretty much anything. Once you get their perspective, you get the wisdom to agree with them, or the ammunition to persuade them to agree with you.

It’s easy for us to think we’re doing a great job of staying close to our customers or our staff. We’re sending regular emails, having regular meetings, touching base as often as we can.

We tend to forget one simple, inalienable fact. Communication does not equal engagement.

Your customers are not buying from you because they’re not engaged.

Your staff are not changing the way they do things because they’re not engaged.

It’s a question of commitment. Think of eating your egg and bacon. The chicken was involved, but the pig was committed…

Communication does not equal engagement, and engagement is what you need, if you want to achieve or change something. You need to start involving people earlier, getting their buy in, and asking them the why questions, starting with why they’re not engaged, why they’re not committed.

You used to hear the phrase ‘analysis paralysis’ all the time in business. The inability to make a decision in favour of hiding behind a surfeit of analysis was a common attribute of poor operational business.

You tend not to hear the aphorism that much these days, at least not in the last 5 years or so. Now we’re all about big data. We have more data, but we have better analysis since we can corral computing power, sometimes from global networks and forces, to crunch a monumental amount of inputs and come up with meaningful, helpful outputs.

Now we’re all about analysis catalysis. Since we’re only as good as our data, our ability to maintain a high quality of it and interrogate it in the right ways is the catalyst for solid, informed decisions. Sure, we can still rely on our gut from time to time, but now we can test repeatedly and get extremely fast feedback on our hunches.

Analysis used to cause inertia. Now it causes energy.

Most companies talk about the importance of win/loss analysis, yet few of them do it. Win/loss analysis is the business of analysing the deals you won and those you lost. Setting up a formal call with your customer to analyse why they bought from you is a very useful exercise, as it builds both a qualitative and quantitative picture of what makes you successful.

Setting up a formal call with a non-customer, or an existing customer who didn’t give you the new business, to analyse why they didn’t buy from you is even more successful, since – yes you’ve guessed it – you can learn what contributed to your being unsuccessful so that you can improve your approach and win more business.

Even fewer companies do the loss analysis than the win analysis, and there are lots of human reasons for this. You can learn so much from a lost customer, however, so here are some things I’ve found useful when doing them:

– Get someone not in sales to do the call. It’s easier to get the call, and less confrontational, so it’s easier for them to open up. Sometimes they simply didn’t like the sales person

– Offer to arrange an appointed time for the call, but ask them if now is a bad time, as you only need a maximum of 10 minutes and then you might get to do the call right then

– To secure the call, emphasise that it will be a short call, you’re not trying to reopen the business – though that might happen if you do a stellar job on the call – and that it will help you improve your service in future bids

– Have your questions in writing before the call. If the person is a touch monosyllabic in their answers you can use the questions as prompts to avoid an embarrassingly short call

– Have some suggested answers to some of the questions that can also be used as prompts. For example, for ‘what was it about our proposal you didn’t like’, you might prompt with price, service, track record, solution fit, project management and so on

– Sometimes they prefer to fill something in than speak to you, so be prepared to send in a form with your questions on it, and be prepared to chase to get it back

– Ask them to be as honest as possible in their assessment of why you were unsuccessful. You will get subjective answers and objective ones. Your job is to figure out if they’re giving you a different answer to the true answer. Probe if you have to

– Try to distinguish between personal and subjective answers that you can’t do much about – like ‘we didn’t get on’ – and more objective answers that you can feed back into the business or use for coaching. Example of these include: ‘I felt she was unprofessional’, ‘I didn’t like his approach’, ‘she didn’t understand my business’ and ‘they were too pushy, I wasn’t ready to buy’

– It’s not that high a priority for the person you’re calling, so be prepared for them not to pick up the phone at the appointed time. Be persistent and polite

– After the call, send the person a hand-written note or a small gift thanking them for the feedback, mentioning how valuable their feedback was

When you’re raising your awareness, or trying to get someone’s attention, you have a very small window within which to hit home.

You have to distil your communication into one eye-catching line and / or image. Don’t be tempted to cram too much in, as message complexity is disproportional to message efficacy. Put another way, simple wins.

Let the Comms Rule of One be your master. Then, when you’ve earned their interest, you can start to build out your messages and arguments.

You could argue that the subject of this post could be a motto for life, not just for business writing. After all, it’s better to effect things than be affected by them. It gives you more control over your destiny, more flexibility in your choices.

In business writing, it’s also better to be active than passive, especially if you are writing ‘persuasive’ documents like business cases or sales proposals. As an example, look at the previous paragraph. The active ‘voice’ is more powerful at effecting something, whereas the passive voice governs being affected by something.

Try and avoid phrases like ‘the ROI calculation can be found below.’ It sounds stuffy and conservative, but also weak and, well, passive. You’re writing this document, you’re in charge of it, so take control. Better to say ‘The ROI calculation below shows the value of our service to your business.’

The active voice is to do with action, and when it comes to your business writing, it’s action you want your reader to take, otherwise why take the time to write at all?