Category Archives: marketing

A Startup’s Guide to Marketing Communications

A Startup's Guide to Marketing Communications

GUEST POST from Steve Blank

I was having coffee with the CEO of a new startup, listening to her puzzle through how to communicate to potential customers. She was an academic on leave from Stanford now selling SAAS software to large companies, but was being inundated with marketing communications advice. “My engineers say our website is old school, and we need to be on Facebook, Twitter and Instagram, my VP of Sales says we’re wasting our marketing dollars not targeting the right people and my board keeps giving me their opinions of how we should describe our product and company. How do I sort out what to do?”

She winced as I reminded her that she had gone through the National Science Foundation Innovation Corps. “Painful and invaluable” was her reply. I reminded her that all the Lean tools she learned in class–Customer Discovery, business model and value proposition canvases– contained her answer.

Here’s how.
—-

Define the Mission of Marketing Communications

Companies often confuse communications tactics (“What should my webpage look like or should I be using Facebook/Instagram/Twitter?”) with a strategy. A communications strategy answers the question, “Why are we doing these activities?” For example, our goal could be:

Create demand for our products and drive it into our sales channel
Create awareness of our company and brand for potential customers
Create awareness for fundraising (VC, angels, corporate partners)
Create awareness for potential acquirers of our company

(Marketing communications is a subset of the Marketing department’s mission. Read the post about mission and intent here.)

Audience(s), Message, Media, Messenger

Once you figure out why you’re creating a communications strategy then you can figure out how to use it. The “how” requires just four steps:

Understand your audience(s)
Craft the message for that specific audience
Select the media you want the message to be read/seen/heard on
Select the messenger you want to carry your message

Step 1: Who’s the Audience(s)?

An audience means – who specifically you want your messages to reach. Is it all the people on earth? Everyone in San Francisco? Potential customers such as gamers who like to play specific types of games? Or people inside companies with a specific title, like product or program managers, CIOs, etc? Venture Capitalists who may want to invest? Other companies that may want to acquire you?

What’s confusing is that often there are multiple audiences you want to communicate with. So, refer to your strategy: Are you trying to reach potential customers or potential investors and acquirers? These are very different audiences, each requires its own messages, media and messengers.

If you’re selling a product to a company, for example, is the audience the user of the product? Her boss? The person who has the budget? The CEO?

How do you figure out who the audience is? It turns out that if you’ve been doing customer discovery and using the value proposition canvas, you know a lot about each customer/ beneficiary. The first step is to put all those value proposition canvases on the wall to remind you that these are the people you need to reach.

How do you figure out which of these customers/beneficiaries is most important? Who’s the least important? If you’ve been out talking to customers, you will have an idea of who’s involved in the buying process. Who’s the user of product? The recommender? The decision maker? The saboteur? As you map out what you learned about the role each of these customers plays in the buying process, marketing communications and sales can decide which one of the customers/beneficiaries is the primary audience of your messages. (And they can decide if there any secondary audiences you should reach.) Often there are multiple people in a sales process worth influencing.

If you’re trying to reach potential acquirers or investors, the customer discovery process is the same. Spend time building value proposition canvases for these audiences.

Step 2: What’s the Message?

Messages are what you delivering to the audience(s) you’ve selected. Messages answer three questions:

Why should the audience care?
What are you offering?
What’s the call to action?

Your customers have already told you how to craft the first part of your message. The answer to “Why should your audience care?” comes directly from the pains and gains on the right side of the value proposition canvas.

And the answer to the second question “What are you offering?” comes from the left side of the value proposition canvas. It’s not just the product feature list, but the pain relievers and gain creators.

Once you get your audience to read your message, then what? What’s the call to action? Do you want them to download a demo, schedule a sales call, visit a physical store location or a website, download an app, click for more information, give you their email address, etc.? Your message needs to include a specific call to action.

Other things to keep in mind about messages:

Message Context

A message that is brilliant today and gets the press writing about you and customers begging to buy your product could have been met with blank stares two years ago and may be obsolete next year. In crafting your messages, remember that all messages operate in a context that may have an expiration date. Netbooks, 3DTVs, online classes disrupting higher ed, all had their moment in time. Make sure your context is current and revisit your messages periodically to see if they still work.

Sticky Messages

Messages also need to be memorable – “sticky.” Why? Because the more memorable the message, the greater its ability to create change. Not only do we want people to change their buying behavior, we also want them to change how they think. (This is often a tough concept for engineering founders who believe that if we just tell customers about the features that make their product faster, cheaper, etc. they’ll win.)

Consider that if you were told you were going to pay for cold, dead fish wrapped in seaweed you might not be too hungry. But when we call it sushi people line up.

The same goes for a hamburger. You may eat a lot of them, but if McDonald’s message was “dead cow, slaughtered by the millions, butchered by minimum wage earners, then ground into patties, frozen into solid blocks, and reheated when you order them,” instead of “You deserve a break today,” sales might be a tad lower.

Product versus Company Messages

There is a difference between detailed product messages versus messages about your company. At times, you may have to communicate what the company stands for before a customer is ready to listen to you talk about product messages. For example, to outflank a competitor who had faster products, Intel moved the conversation about microprocessors away from speed and technology to create a valued brand. They created the “Intel Inside” campaign.

Apple was trying to resurrect a then-dying company by reminding people what Apple stood for with their “Think Different” ad campaign:

Both Apple and Intel were selling complicated technology but did so by simplifying the message so it had broad emotional appeal. Both Intel Inside and Think Different became sticky corporate messages.

Step 3: Media

Media means the type of communications media each audience member reads/listens to/watches. Is could be print (newspapers/magazine), Internet (website, podcasts, etc.), broadcast (TV, radio, etc.) or social media (Facebook, Twitter, etc.). In customer discovery, you asked prospects how they get information about new companies and new products. (If not, get back out and do so!) The media your prospective customers told you they use ought to be on top of your target media.

The online media your company controls (your corporate website, company Facebook page, Twitter, Instagram, etc.) should be the first place you experiment finding your audience(s) and message.

Typically, you pick several media to reach each audience. It’s likely that each audience reads different media (potential customers read something very different than potential investors.) You’ll need a media strategy – a plan that describes the mix of media and how you will use it. This plan should include the category of media; print, internet, broadcast and then identify specific sites, blogs, magazine, etc.

Step 4: Messengers

Messengers are the well-placed and highly leveraged individuals who have influence over your audience(s). Messengers convey and amplify your message to your audience through the media you’ve chosen.

There are four types of messengers: reporters, experts, evangelists and connectors. (Each audience will have its own unique set of messengers.)

1. Reporters are paid by specific media to write about news. Which reporters you should talk to comes from discovering which media your audience has said they read. Your goal is to identify who are the reporters in the media your audience reads and what they write about, and to figure out why they should write about you. (Wrong answer – because we have a new product. Very wrong answer – because my CEO wants to be on the cover of publication X or Y.)

2. Experts know your industry or product in detail, and others rely on them for their opinions. Experts may be industry analysts in private research firms (Gartner, NPD, AMR), Wall Street research analysts (Morgan Stanley, Goldman Sachs), consultants who provide advice for your industry or bloggers with wide followings. Experts may even be potential customers who run user groups that other potential customers turn to for advice.

(Today some reporters are experts – product reviewers in the Tech Section of the Wall Street Journal, or the Technology section of the New York Times (or its product review site Wirecutter)).

3. Evangelists are unabashed cheerleaders and salespeople for your product and, if you are creating a new market, for your company vision. They tell everyone how great the product is and about the unlimited potential of your product and market. While nominally carrying less credibility than experts, evangelists have two advantages: typically, they are paying customers, and they are incredibly enthusiastic about what they say. (Evangelists are not customers who will give a reference. A customer reference is something you have to twist arms to get; an evangelist is someone you can’t get off the phone.)

4. Connectors are individuals who seem to know everyone. Each industry has a few. They may be bloggers who expound on the general state of your industry and write magazine or newspaper columns. They may be individuals who organize and hold conferences where the key industry thought leaders gather. Often, they themselves are the thought leaders.

Founders ask me all the time whether they should hire a PR agency. I tell them, “The question isn’t if. The question is when?” Influencing the messengers is what great public relations firms know how to do. They may have their own language describing who the messengers are (e.g., “influencers”) and how they manage them (e.g. “information chain”), but once you’ve done a first pass of the audience > message > media > messenger, a competent PR firm can add tremendous value.

Customer Discovery Never Stops

Understanding your audience(s) is important for not just startups, but for companies already selling products. It helps you stay current with customers, get ideas for other needs to fill and to create new products. In addition, the audience > message > media > messenger cycle seamlessly moves this learning into getting, keeping and growing customers. Today, Marketing Automation tools (customer analytics, SEO, and Customer Relationship Management (CRM) platforms) generate customer behavior history about what messages worked on which media. These tools generate data that companies use to feed AdTech tools (demand-side platforms, ad exchanges and networks) to automate selling and buying of online ads.

Communications as a Force Multiplier

Smart CEOs treat communications as a force multiplier for sales, a tool to dramatically increase valuation and the vehicle to get acquirers lined up at the door. Not so successful CEOs treat it as tactic that can be handed to others.

Hiring a PR agency too early is a sign that the CEO is treating this as someone else’s problem. In a startup, the first pass of understanding Audience, Message, Media, Messenger can only be done with the founders/CEO engaged.

Getting publicity for a product that does not yet exist is how startups get noticed. But don’t fall victim to your own reality distortion field and hype a product that can never be made (think of Tesla versus Theranos.)

Figuring out who the possible audiences are, what messages to send, and what media to use, feels overwhelming at first. The temptation is to try to reach all the audiences with a single message and a single media. That’s a going out of business strategy. Use Customer Discovery, and your customers will teach you who they are, what to say to them and how to reach them.

Lessons Learned

Marketing Communications = Audience, Message, Media, Messenger
Use the Value Proposition Canvas to understand who your audience(s) are
Craft messages to match what your audience has already told you
Pick the media they said they read
Find the right messengers to amplify your message

The full article originally appeared on Steve Blank’s blog

Image credits: Pixabay, Steve Blank

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Selling To Generation Z

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This is What They Want

Selling to Generation Z

GUEST POST from Shep Hyken

Gen-Z is not your typical generation. By the way, neither was the Millennial generation … or Gen-X, etc. Each new generation has interesting differences, desires, likes and dislikes. Each generation poses its own problems and opportunities, depending on how you view the challenge. A recent report created by Gongos (part of InSites Consulting) shared some interesting information relevant to companies that do business with Gen-Z.

Gongos surveyed more than 1,000 U.S. consumers and compared Gen-Z to older generations. Gen-Z’s were born between 1997 and 2011, and their habits, views and behaviors are quite different than the older Gen-X and Baby Boomers. The oldest Gen-Z’s are about 24 years old, and they are quickly becoming an important consumer group that will change the way brands market and sell. Here are some of the findings, followed by my commentary and additional stats and facts.

Gen-Z Wants Brands to Challenge Social Issues – Forty-three percent of Gen-Z appreciates brands that take a stand, especially in the areas of sustainability, inclusiveness and racial transparency. And they put their money where their mouth is:

69% will pay more if employees and suppliers are treated fairly.
66% will pay more if the brand tries to have a positive impact on society.
61% will pay more if the brands use inclusive practices.
60% will pay more for a business that practices sustainability.

Gen-Z Loves Personalization – For all of the marketers reading this article, note that Gen-Z will pay for personalization—not always with money, but instead with their personal data. They aren’t nearly as protective of their personal data as Gen-X and Baby Boomers. Gen-Z pays more attention to brands that create a personalized experience or allow them to create a custom product. Consider the shoe manufacturer that lets its customers design their own shoes. Or the cosmetic company that allows its customers to create their own formulas. Offer them a personalized experience, and they will go out of their way to do business with you. More stats to consider:

50% pay attention to brands that offer personalization and co-creation.
52% look for brands that understand them.
51% allow brands to create products that reflect their identity.

Gen-Z Fights Injustice Through “Click-Tivism” – Social media has made it easy for anyone to have a megaphone that is heard by the world. Older generations (Boomers) might protest with sit-ins and picket signs. The younger generation has embraced social media as the place to call attention to what is important to them. “Gen-Z is clicking for change.”

29% follow social media accounts on social justice.
26% use social media to voice their opinions.
15% participate in online protests.

Gen-Z Fights for Social Inequality – Gen-Z is, according to the study, the most ethnically diverse generation in history. Diversity and inclusion are not just hot topics in the HR department, but some of the hottest topics for this younger generation.

59% consider racial and ethnic diversity as beneficial for society.
48% consider racism a top global issue.
49% recognize that gender identity can change over time.
48% know someone who prefers to be addressed with gender-neutral pronouns (they, them, their, etc.)

Gen-Z Engages in Metaverse Activities – Many people still don’t understand the metaverse, which is blending the physical and digital worlds we live in. According to the study, “No generation will embrace and shape the metaverse more than Gen-Z.” Eighty-three percent of Gen-Z engages in metaverse activities. They hang out with friends in virtual worlds and spend money on virtual merchandise. They also are looking for brands that are “seamlessly integrating the online and offline worlds.” If you do not understand the opportunities the metaverse is offering Gen-Z (and other generations), you might find yourself playing catch-up with a competitor who does. Some metaverse findings:

48% participate in online gaming.
29% created an avatar to use on the metaverse.
20% have paid for digital products.

There are approximately 65 million Gen-Z’s in the U.S., which accounts for almost 20% of the U.S. population. These are your up-and-coming consumers and financial decision-makers. They have expectations that are quite different than older generations. While many of today’s Gen-Z’s are still very young (as young as 11 years old), don’t think they aren’t making a major impact on companies’ current and future plans. The customer experience will have to change to reflect the values of Gen-Z. Their opinions and habits are going to cross over to older generations, especially with their parents, who support this young generation’s ideals. Are you ready for a new generation’s expectations? If not, it’s not too late to start to change.

This article originally appeared on Forbes

Image Credit: Shep Hyken

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The Key to Product Success is Putting Users First

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The Key to Product Success is Putting Users First

GUEST POST from Chateau G Pato

In the fast-paced world of innovation, one principle remains constant: the key to product success is putting users first. As organizations vie for consumer attention, understanding and catering to user needs is paramount. This article explores this concept through case studies, demonstrating how a user-centric approach can lead to groundbreaking products.

Understanding User-Centric Design

User-centric design is more than a buzzword; it’s a philosophy that places the user at the heart of the development process. By focusing on real user problems, companies can create products that are not only functional but also add tangible value to people’s lives.

Case Study #1: Airbnb’s Rise by Solving Real Problems

The story of Airbnb is an exemplary illustration of user-centric design. Founded in 2008, Airbnb began as a simple solution to afford rent. The founders, Brian Chesky and Joe Gebbia, faced a real problem: expensive lodging during busy conference periods. Their response? Rent out air mattresses in their apartment.

From this basic idea, Airbnb evolved by listening intently to user feedback. Early users desired more than just basic accommodations; they wanted unique, personable experiences. By addressing this, Airbnb built a platform that catered to adventure seekers, budget travelers, and everyone in between. Key features were developed based on user input, such as host reviews and detailed profiles, enhancing trust and community.

“Airbnb’s success lies in its ability to align its platform with the evolving needs of its user base, creating an ecosystem where both hosts and guests thrive.”

Case Study #2: How Slack Became Essential for Teams

Slack’s journey to becoming a leading collaboration tool is another testimony to user-centered innovation. Initially started as a communication platform for their internal game development team, the creators of Slack realized that their tool had a universal application that could solve communication woes for many organizations.

Slack’s growth strategy was heavily driven by user feedback. They engaged with beta testers to understand the core issues with existing communication tools. Slack’s features like channels, integrations, and an intuitive interface were direct responses to user needs for more efficient and organized communication.

Even as it scaled, Slack maintained a strong connection with its users, regularly implementing feedback to enhance user experience. This commitment to understanding and responding to user feedback allowed Slack to rapidly become the default workspace for teams worldwide.

“Slack’s user-centric focus transformed it from a small internal tool to a must-have for businesses, simply by addressing user pain points effectively.”

The Principles of User-Centric Success

What can we learn from Airbnb and Slack? Some core principles guide successful user-centric innovation:

Empathy: Understand users’ needs, desires, and pain points deeply.
Iterative Design: Regularly test ideas and prototypes with real users to refine and improve.
Feedback Loops: Create channels for continuous user feedback and be ready to adapt.
Value Creation: Ensure that your product not only solves problems but does so in a way that enhances the user’s life.

Conclusion

Putting users first is not just a strategy; it’s an ideology that converts products into essential parts of users’ lives. Whether it’s creating unforgettable travel experiences like Airbnb or simplifying team collaboration as Slack does, the common denominator of successful innovations is their unwavering commitment to user needs. As you embark on your product development journey, remember: the closer you get to your users, the closer you are to success.

By continuously prioritizing the user, businesses can cultivate loyalty, drive growth, and achieve unprecedented levels of success, solidifying their place in the market as indispensable tools, services, or experiences.

Extra Extra: Because innovation is all about change, Braden Kelley’s human-centered change methodology and tools are the best way to plan and execute the changes necessary to support your innovation and transformation efforts — all while literally getting everyone all on the same page for change. Find out more about the methodology and tools, including the book Charting Change by following the link. Be sure and download the TEN FREE TOOLS while you’re here.

Image credit: Unsplash

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Keeping Pace with the Latest Trends in Social Media and Online Video

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The ways we communicate continue to evolve. Keeping pace with the latest trends in social media and online video, while preventing your product or service from getting lost in the digital clutter, is a daunting task. David Meerman Scott is a master at helping you speak directly to your audience, make a strong personal connection, and generate attention for your business.

In the eighth edition of The New Rules of Marketing & PR: How to Use Content Marketing, Podcasting, Social Media, AI, Live Video and Newsjacking to Reach Buyers Directly, David explores the latest approaches for highly effective public relations, marketing, and customer communications – while helping you avoid of the costs of traditional advertising!

I had the opportunity recently to interview David, a marketing strategist, entrepreneur, investor and advisor to emerging companies, and bestselling author of 12 books, including Fanocracy, about the new eighth edition of The New Rules of Marketing & PR.

Throughout his career he has been fascinated by seeing the future of how people and organizations work together, studied ‘what’s next’, and looked for patterns others don’t see.

Three times a year David (@dsmcott) is the lead marketing speaker at the legendary Tony Robbins Business Mastery events, delivering a two hour session on New Marketing Mastery.

Below is the text of the interview:

1. What is the biggest change in either PR or Marketing that today’s companies face?

I wrote this for the first edition of The New Rules of Marketing & PR back in 2007: “There used to be only three ways to get noticed: Buy expensive advertising, beg the mainstream media to tell your story for you, or hire a huge sales staff to bug people individually about your products. Now we have a better option: publishing interesting content on the web, content that your buyers want to consume.” The same is true today upon the publication of the 8th edition!

The tools of the marketing and PR trade have changed. The skills that worked offline to help you buy or beg or bug your way into opportunity are the skills of interruption and coercion. Online success comes from thinking like a journalist and publishing amazing content that will brand you as an organization or person it would be a pleasure to do business with. You are in charge of your own success.

2. Must companies re-think their approach to PR in the digital age?

Many people steeped in the tradition of product promotion naturally feel drawn to prattle on and on about their products and services. But I have news for you. Nobody cares about your products and services. Yes, you read that right.

What people do care about are themselves and how you can solve their problems. People also like to be entertained and to share in something remarkable. In order to have people talk about you and your ideas, you must resist the urge to hype your products and services. Instead, create something interesting that will be talked about online. When you get people talking on the Web, people will line up to learn more and to buy what you have to offer.

Sadly, marketers continue to hype products and services instead of understanding buyers and creating interesting content to reach them.

3. Do press releases still have value?

Yes, press releases have value but way less than most PR professionals believe. There is so much more that can be done.

Somehow along the way PR professionals have lost sight of what ‘true’ PR is and have set their focus on the media. What quick steps can PR pros take to get back to the public relations roots of creating mutually beneficial relationships with all of their publics (shareholders, stakeholders, communities, employees, etc.)?

To paraphrase the Public Relations Society of America (PRSA), definition: “Public relations helps an organization and its publics adapt mutually to each other.”

Nowhere does this description mention the media!

Somewhere along the line “public relations” became the same as “media relations.” What people need to realize is that these are different activities. Media relations, or working through journalists, is fine. Hey, who doesn’t want to be quoted in an important outlet?

But there are so many other ways to hear attention.

PR is about reaching your audience. There are many more ways to do that than just via the media: YouTube videos, blog posts, eBooks, charts, graphs, photos, a Twitter feed, a presence on Instagram, TikTok and so much more.

4. What role should LinkedIn play in companies’ marketing strategies? Any difference in your answer for B2B vs. B2C companies?

There are many social networks out there and LinkedIn is one of them. Marketers should understand their buyers and be active on the social networks that are most important to them. For many B2B businesses, LinkedIn is super important, so for them yes, LinkedIn is valuable. However many people use LinkedIn as another way to send unwanted sales messages. To be effective people should use LinkedIn to publish content and to engage with other people’s content.

Continue reading the rest of our conversation on CustomerThink

SIX more questions and answers!

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19 Things Physician Entrepreneurs Don’t Get About Sales and Marketing

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19 Things Physician Entrepreneurs Don't Get About Sales and Marketing

GUEST POST from Arlen Meyers, M.D.

Many biomedical and health marketing and sales people ask about tips and techniques on how to sell to doctors. But, very few doctors or physician entrepreneurs have much interest in how to market and sell to patients and other customers. The conventional wisdom goes that they are “too busy” or “don’t have the time” and that they are trained to take care of patients, not take care of business.

I disagree, as I’ve explained in many other posts. However, sales is not in the medical school course catalog.

During a pandemic, that is not an option. Here is what you need to know about digital marketing now.

Here are some social media strategies you should use in the post-pandemic world.

Do you know how to rank #1 on Google?

Ogilvy, one of the most respected marketing firms globally, has recognized this shift by stating that the traditional “4 Ps of Marketing” are out and the 4 Es are in.

Experience is more important than Product
Everywhere (Omnichannel) is now Place
Exchanges outweigh Price
Evangelism is more valuable than Promotion

Here is the job description for a social media manager for Microsoft:

Responsibilities

Design and execute a slate of rich social media strategies that resonate with our diverse and global audience and drive its implementation across our key campaign moments.
Define social media priorities, set goals and targets, aligning with audience insights. Proactively identify areas of optimization, set best practices, and communicate these across teams.
Partner across MSR Labs, Campaign Marketing, Community Engagement, Comms, Editorial, and Web/Media Production to support opportunities for rich scientific storytelling.
Serves as a trusted advisor to senior leaders through strong communication and influencing skills.
Creates and presents business reports that outline impact driven and provides recommendations based on outcomes.
Ability to focus on business priorities and create boundaries to ensure successful project completion.
Work with the paid social media team to execute and deliver on overall campaign KPIs.
Continuously improve on results by capturing and analyzing the appropriate social data/metrics, insights, and best practices, and then work with marketing managers to execute on those KPIs and leading indicators.

Qualifications

Required Qualifications:

5+ years of practical experience in a global enterprise social media environment or global agency in the field of social media.
Experience in the use of social media platforms (Facebook, Instagram, LinkedIn, Reddit, TikTok, Twitter, Twitch, YouTube, or Club House, etc.).

Preferred Qualifications:

Bachelor’s Degree
Exceptional formal and colloquial communications skills.
Ability to collaborate effectively within a team and across organizational and team boundaries.
Ability to manage complex projects in a fast-changing environment.
Proven track record for new, innovative approaches, and smart risk taking.
Understanding and natural curiosity of evolving social media trends.
Experience with tools like Sprinklr, Opal, Excel, and Power BI.
Positive attitude, detail and customer oriented along with strong multitasking and organizational acumen.

Here are 10 things docs don’t seem to understand about healthcare sales and marketing:

1. That they are different. Said another way, the marketing team figures out the strategy. The sales team executes the battle plan. Marketing serves the interests of the buyer. Sales serves the interests of the seller.

2. That they are complementary and have to be aligned

3. That the sales plan should not be an afterthought when building the business model canvas or business plan for a new venture.

4. That branding is not sales and marketing and that B2B marketing is different than B2C marketing.

5. That the Internet and social media have revolutionized how they both are done.

6. That service after the sale is just as important as selling the product and that they need to pay attention to the aftermarket.

7. That they don’t need to worry about any of this because they work for someone else who does it or they are busy enough.

8. That they should just outsource sales and marketing to someone else and just see patients.

9. That they can just depend on word or mouth referrals. It used to be docs played golf with their friends, but they now work on Wednesdays .

10. That all they need to do is hang a shingle to be successful because they have been reading about the shortage of doctors.

11. If you are a physician entrepreneur selling to doctors, you will relate to these tips on how to sell to doctors.

12. Every customer segment in sickcare requires a different value proposition, marketing and distribution/sales strategy. The 4Ps can rapidly become the 8, 16 or 24 Ps.

13. They actually believe they are the best and that “there is no competition”. Maybe it’s time for you to step back and create a competitive analysis matrix.

14. AI, changes in social media and VR/AR are rapidly changing how marketers are building their brands, engaging customers and driving sales and lead conversion.

15. There is a big difference between vanity numbers at the top of the funnel or prospect funnel and people who are ready, willing and able to buy (about 3% of the people you contact). Here’s a way to tell the difference

16. The difference and practice of segmentation, targeting and positioning

17. These ten most effective marketing techniques are a diverse group of online and offline strategies. Each technique is most effective when it is working in concert with the others.

18. When to hire a marketer

19. Consultative sales is more about leadership than sales

Most importantly, they don’t understand that branding a service is different from branding a product. That’s, in part, why they are losing patients to non-MDs.

Most entrepreneurs, including doctors, are still stuck in the spray and pray marketing mindset instead of inbound model. The idea is , instead of you finding patients and customers, help them find you.

What’s more, they don’t understand sales operations . The main function of the sales operations team is to smooth the sales process—reduce any friction and incorporate itself to the organization so as to ensure the execution of the sales strategy.

The basic building blocks of medical practice online marketing include building a website, having an search engine optimization (SEO) plan, using social media and managing your online reputation.

Hospital strategy and marketing officers, particularly those who have been recruited from consumer goods and service industries, stare in amazement at board meetings trying to understand why their docs won’t wear the sneakers and compete with the guys down the street. They fail to understand the culture of medical education and the profession that fundamentally places institutional affiliation and engagement way down the totem pole compared to peer acceptance and cooperation.

Another problem occurs when non-sick care entrepreneurs want to hire doctors as advisors, when, in fact, they want them to be salespeople to hospitals and other doctors on commission. The fact is that , in most instances, doctors lack sales knowledge, skills, abilities and competencies to do the job.

The main reason most doctors are not sales and marketing savvy is that they never had to be and they don’t want to be. But, times have changed. Maybe with an attitude adjustment, they’ll be able to get in a quick 18 holes after all.

Image Credit: Unsplash

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Innovative Techniques in Voice of the Customer Research

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Innovative Techniques in Voice of the Customer Research

GUEST POST from Chateau G Pato

In today’s highly competitive business landscape, understanding the customer’s voice is not just an advantage—it’s essential. The traditional techniques of focus groups and surveys are being complemented or even replaced by innovative approaches that delve deeper into customer sentiments, behaviors, and expectations. As organizations strive to become more customer-centric, Voice of the Customer (VoC) research has become a cornerstone for guiding product development, service improvement, and customer experience strategies.

Innovative VoC Techniques

Emerging technologies and methodologies are transforming the ways we gather and interpret the voice of the customer. Let’s explore some groundbreaking techniques that are reshaping VoC research:

1. Social Listening and Sentiment Analysis

The proliferation of social media has opened a treasure trove of unfiltered customer feedback. Social listening tools allow companies to monitor conversations about their brand, products, and industry trends in real-time. Sentiment analysis employs natural language processing (NLP) to detect emotions within this vast sea of data, enabling organizations to respond swiftly to emerging issues or capitalize on positive discussions.

Case Study: Brand X’s Social Sentiment Turnaround

Brand X, a leading consumer electronics manufacturer, was facing declining customer satisfaction scores. By implementing advanced social listening tools, they discovered a common complaint about their new smartphone model—battery life issues were being discussed widely across forums and social platforms.

Through sentiment analysis, Brand X identified the most critical pain points and prioritized them for resolution. They communicated transparently with their customers about upcoming software updates aimed at mitigating the battery problem, which positively impacted brand sentiment and restored consumer trust.

2. Customer Journey Mapping

Understanding the steps a consumer takes from awareness to post-purchase is critical for enhancing their experience. Customer Journey Mapping visually represents these journeys and identifies key touchpoints where customers interact with a brand. By analyzing these interactions, businesses can pinpoint process improvements and innovations that will delight customers.

3. Immersive Experience Testing

Virtual reality (VR) and augmented reality (AR) technologies offer immersive ways to understand customer preferences and behaviors. Companies can simulate real-world usage scenarios for their products or services, gathering immediate feedback in a controlled environment. This method is invaluable for product design and ergonomic studies.

Case Study: Retail Innovator’s Virtual Reality Prototype Testing

A leading retailer, Retail Innovator, sought to redesign their flagship store layout to enhance customer experience. Instead of traditional focus groups, they opted for a VR-based approach, creating a digital twin of their store.

Customers were invited to explore this virtual environment and interact with it naturally. Feedback from this immersive experience highlighted several design flaws that weren’t apparent in 2D sketches, and allowed Retail Innovator to make informed adjustments before implementing the changes in the physical store. The result was a significant increase in positive customer feedback and sales.

4. AI-Powered Chatbots

Chatbots have evolved significantly with advancements in artificial intelligence. They are now capable of engaging in more natural and meaningful conversations, capturing valuable feedback, resolving customer queries instantly, and identifying trends in customer issues—feeding these insights back into the VoC loop.

5. Text Analytics and Machine Learning

With the explosion of data, manually processing customer emails, chat logs, and open-ended survey responses can be burdensome. Text analytics and machine learning algorithms automate this process, identifying themes and sentiments, and revealing actionable insights from historical feedback data.

Conclusion

In the quest for alignment with the customer’s voice, innovative VoC techniques extend beyond simply listening—they involve understanding, anticipating, and acting on customer feedback more intelligently than ever before. As we’ve seen in our case studies, these techniques not only uncover hidden insights but prompt proactive improvements that can transform customer satisfaction and loyalty.

As a human-centered change and innovation thought leader, I can confidently assert that the businesses that will thrive in the future are those that embrace these cutting-edge methods to truly hear, and adapt to, the evolving desires of their customers. The customer’s voice is more than data—it is a powerful catalyst for innovation and sustained growth.

Image credit: misterinnovation.com

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Impact of Inclusive Design on Brand Reputation

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Impact of Inclusive Design on Brand Reputation

GUEST POST from Chateau G Pato

In a rapidly globalizing world, brands are finding themselves thrust into the limelight as beacons of societal change. Today, consumers demand more than just quality—authentic connections to real-world issues are at the forefront of their buying decisions. Among the various paradigms of sustainable business practices, inclusive design has emerged as a key area bridging consumer needs with brand identity. Let’s explore how inclusive design significantly influences brand reputation and examine two compelling case studies demonstrating its real-world application and impact.

Understanding Inclusive Design

Inclusive design refers to the creation of products, services, and environments that are accessible and usable by as many people as possible, regardless of age, ability, or other factors. It’s about designing for diversity and embedding empathy into the design process to accommodate a wide range of needs.

By incorporating diverse perspectives, inclusive design not only caters to traditionally underserved segments but also enhances user experience for everyone. It’s a holistic approach that gives brands the opportunity to cultivate higher customer loyalty and expand market reach.

The Importance of Brand Reputation

Brand reputation can be loosely defined as the public’s perception of a company’s identity and its commitment to delivering on promises. A positive reputation can influence purchase decisions, build trust, and ensure customer recall. In the age of social media, brand reputation is more exposed than ever before, open to immediate, real-time feedback from consumers around the globe.

When brands engage in inclusive design, they tell a story—a story of commitment, empathy, and understanding. This narrative can substantially enhance brand reputation, turning customers into advocates and elevating a brand’s standing within communities.

Case Study 1: Microsoft’s Inclusive Design Initiative

The Scenario

Microsoft, one of the leading technology companies globally, has long recognized the potential of inclusive design. In an industry driven by innovation, accessibility often gets overshadowed. However, Microsoft has actively redefined its strategy to incorporate inclusive design principles across its product line.

The Action

Microsoft’s inclusive design initiative involved consulting with users who have disabilities to inform the development of various products, like the Xbox Adaptive Controller, which was designed with diverse physical abilities in mind. The company also developed a comprehensive set of inclusive design principles and toolkits to guide internal teams and external partners.

The Impact

The move was received positively and resulted in several awards and commendations from disability advocates. More importantly, it signaled a profound commitment to inclusion, which resonated with consumers and stakeholders alike. As a result, Microsoft saw an improvement in customer satisfaction scores and an increase in brand trust, establishing it as a leader in inclusive practices within the tech industry.

Case Study 2: Airbnb’s Accessibility Initiative

The Scenario

As a global leader in the hospitality sector, Airbnb found that many potential travelers with disabilities encountered significant barriers when booking accommodations. The platform initially lacked features that catered to the needs of this diverse consumer segment.

The Action

Airbnb launched an extensive accessibility initiative, working alongside organizations such as the National Council on Independent Living to better understand the needs of users with disabilities. This led to enhancements in their platform, including detailed accessibility filters and verification processes to ensure that the listings marketed as accessible truly met the required standards.

The Impact

This initiative not only opened travel opportunities to a previously underserved market segment but also bolstered Airbnb’s reputation as a socially responsible brand. The initiative received widespread media attention and applause from both users and advocates. By practicing inclusivity, Airbnb enhanced its platform’s credibility and trust, bringing in new customers and retaining existing ones.

The Broader Implications of Inclusive Design

Beyond the positive impact on brand reputation, inclusive design encourages innovation. When teams consider the varied experiences and challenges that diverse users face, they are often led to develop creative solutions that benefit a wider audience. This ‘design-for-one, extend-to-many’ approach often results in features or solutions that appeal across demographic boundaries, driving adoption and love for the brand.

Further, inclusive design initiatives can foster workplace diversity, as teams composed of varied backgrounds are typically more adept at identifying and addressing diverse customer needs. This can enhance organizational culture and attract top talent who are looking for employers that value diversity and inclusivity.

In an era where consumers are more informed and conscientious, brands that ignore the importance of inclusive design risk not only alienating significant portions of the market but also damaging their reputations. However, those embracing these principles stand to gain not just increased market share, but a loyal customer base and widespread brand recognition as champions of innovation and inclusion.

Conclusion

The impact of inclusive design on brand reputation is both profound and far-reaching. As highlighted by the examples of Microsoft and Airbnb, accessible and thoughtful design is more than a nice-to-have—it is a business imperative. Companies willing to embrace inclusive design are those better positioned to thrive in today’s competitive market, where consumer expectations are ever-evolving. Ultimately, the success of a brand will hinge on its ability to be both empathetic and innovative, paving the way for a more inclusive future.

Image credit: Unsplash

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Marketing Gimmick of the Year – 2021 – Air Protein

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The winner of the 2021 award for Marketing Gimmick of the Year has to be Air Protein.

The marketing premise is that the company is creating a scalable process for creating protein from ‘thin air’ using a $32 million Series A funding round and 1960’s era NASA research.

Sounds too good to be true doesn’t it?

And that’s why it’s the marketing gimmick of the year.

It’s not technically untrue, but it doesn’t give the whole picture of how the protein is actually created.

According to The Times out of the U.K., the production of Air Protein begins when purified carbon dioxide is mixed in a fermenter with hydrogenotrophs (naturally occurring microbes) to produce a flour-like substance that is 80 percent protein. This protein is then mixed with other ingredients to create meat alternatives. And believe me, this takes a lot of additional work.

So “thin air” is a bit of stretch and the marketing tagline “Meat Made from Air” stretches the depiction of reality near to the breaking point. But, it doesn’t mean the technology is still not potentially amazing and transformational.

The reason is that the way plant-based proteins and other alternative proteins are made are often even less ‘natural’.

So, it will be interesting to see how the finished product of Air Protein grades out versus the titans of the alternative meat market – Beyond and Impossible – but from a marketing perspective, they are off to a strong start!

Image credit: Air Protein

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Empathy Mapping for Deeper Customer Understanding

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Empathy Mapping for Deeper Customer Understanding

GUEST POST from Chateau G Pato

In the ever-evolving landscape of customer-centric business, understanding your consumers is not just a competitive advantage; it’s a necessity. Customers are no longer satisfied with one-size-fits-all solutions. They demand personalized experiences and products that resonate with their needs and desires. How can companies achieve this level of understanding? Enter empathy mapping—a powerful technique that goes beyond traditional market research, offering profound insights into customer psychology and behavior.

What is Empathy Mapping?

Empathy mapping is a visual tool used by teams to gain a deeper understanding of their customers. At its core, it encourages organizations to step into the shoes of their clients, considering their thoughts, feelings, and experiences. The objective is to move beyond the quantitative data of market research and delve into qualitative insights that paint a rich, emotive picture of the customer. An empathy map is divided into sections, typically labeled:

Says: What the customer says in interviews or feedback.
Thinks: What the customer is thinking but may not vocalize.
Does: Actions the customer is observed to take.
Feels: The emotional state or attitudes of the customer.

Case Study 1: IDEO’s Approach with Ice Cream Innovation

When the renowned design firm IDEO was tasked with revolutionizing the ice cream eating experience, they turned to empathy mapping as a key component of their research process. IDEO conducted immersive interviews with ice cream consumers, using empathy maps to capture consumer experiences as they indulged in the sweet treat. Through this process, they discovered that consumers didn’t just care about flavor; they cared about the emotional experience surrounding ice cream eating, such as nostalgia and joy.

These findings allowed IDEO to ideate product concepts that enhanced these emotional experiences. They created solutions that focused on playful and nostalgic elements, ultimately driving a stronger emotional connection between the product and the consumer. IDEO’s success is a testament to how empathy mapping can reveal profound insights that lead to innovative solutions. To learn more about the role of emotion in innovation, consider reading our article on Building a Culture of Continuous Innovation.

Case Study 2: Airbnb’s Redemption Story

Airbnb’s journey to becoming a household name was fraught with challenges. Early on, the platform struggled to connect potential hosts with travelers, a gap that threatened its viability. Seeking a breakthrough, Airbnb’s team embraced empathy mapping. By actively engaging with both hosts and guests, they identified a critical disconnect: potential hosts were apprehensive about letting strangers into their homes, and guests were unsure about the consistency of experiences.

Armed with insights from empathy maps, Airbnb revamped its platform to foster trust. They introduced host profiles, reviews, and verification processes, addressing the underlying emotions of fear and uncertainty. This empathetic understanding catalyzed Airbnb’s growth, transforming it into a trusted platform for both hosts and guests. By prioritizing empathy, Airbnb didn’t just solve logistical issues; they built a community rooted in trust. For insights on fostering a culture of empathy within organizations, explore our piece on Importance and Ethos of Empathy in Business.

Implementing Empathy Mapping in Your Organization

To successfully implement empathy mapping, start by assembling a diverse team that includes stakeholders from different departments such as marketing, customer service, and product development. This diversity ensures a comprehensive perspective on customer experiences.

Here are some steps to get started:

Define Your Subject: Choose a customer persona or a segment you wish to explore.
Gather Data: Conduct interviews, surveys, and observations to collect qualitative data. Encourage open-ended responses to capture unvoiced emotions.
Create the Empathy Map: Use a whiteboard or digital tool to visually organize the data into the four quadrants: Says, Thinks, Does, and Feels.
Synthesize Insights: Analyze the empathy map to identify patterns, pain points, and opportunities.
Iterate and Innovate: Apply these insights to drive innovations, optimize customer experiences, and tailor marketing strategies.

Conclusion

Empathy mapping is more than a tool; it’s a mindset shift. It transforms how businesses interact with their customers, emphasizing a holistic and profound understanding of their needs and desires. By integrating empathy mapping into your organization’s toolbox, you’re setting the stage for not just satisfied customers, but loyal advocates. As industries grow more competitive and consumer expectations evolve, empathy isn’t just advisable—it’s imperative.

Ultimately, the power of empathy mapping lies in its ability to humanize data, fostering innovations that resonate on a deeply personal level. Let’s put ourselves in the shoes of our customers and design a future where everyone feels understood and valued.

Extra Extra: Futurology is not fortune telling. Futurists use a scientific approach to create their deliverables, but a methodology and tools like those in FutureHacking™ can empower anyone to engage in futurology themselves.

Image credit: Unsplash

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Partnership Experience Audit 101

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Partnership Experience Audit 101

GUEST POST from Chateau G Pato

In the rapidly evolving marketplace of today, the ability to effectively manage and nurture partnerships is a competitive advantage that no company can afford to overlook. Conducting a Partnership Experience Audit every year is a crucial activity that ensures your collaboration dynamics align with your strategic business objectives. This audit not only strengthens existing relationships but also ensures your company is poised for success in attracting new partners.

Why is a Partner Experience Audit Important?

Think of a Partner Experience Audit as a diagnostic tool for your partnership strategies. It allows you to uncover relationship bottlenecks, enhance communication processes, and align mutual objectives. Conducting this audit annually guarantees that your engagements are not just surviving but thriving. Being proactive in understanding the needs and expectations of your partners empowers your growth strategy by cementing a resilient partnership ecosystem.

Key Activities in a Partner Experience Audit

Stakeholder Interviews: Conduct in-depth interviews with key stakeholders to gather insights on the strengths and weaknesses of the partnership.
Performance Analysis: Evaluate the past year’s performance metrics to assess alignment and execution against objectives.
Feedback Loops: Implement systematic feedback processes to continuously capture partner sentiment and address areas of concern.
Communication Review: Analyze communication channels and frequency to ensure transparency and efficiency.
Alignment Sessions: Facilitate strategic alignment sessions to ensure shared vision and goal synchronization.

Benefits of Conducting a Partner Experience Audit

Undertaking a Partner Experience Audit enhances collaboration, fosters innovation, and strengthens partnership value. These evaluations allow businesses to identify areas for improvement, offering insights into more effective decision-making and resource allocation. Moreover, they contribute to a culture of continuous improvement, crucial for long-term success.

How Companies Use Partner Experience Audits as a Competitive Advantage

Innovative companies like Apple and Microsoft have leveraged Partner Experience Audits to create seamless, beneficial infrastructures for their partners. For instance, Apple thoroughly assesses partner experiences to refine their supplier protocols and innovate collaboratively, maintaining high product standards and market leadership.

Microsoft, on the other hand, uses these audits to enhance partner ecosystems, supporting their mission to empower every organization. By ensuring frictionless interactions through their audits, Microsoft builds trust and reinforces its strategic partnerships, contributing to its reputation as a collaborative powerhouse.

Beyond these giants, consider any organization that wishes to harness the energy similar to that detailed in Change Management Strategy, where aligning change initiatives with partnership audits can further drive synergy and success.

Conclusion

Executing a thorough Partner Experience Audit yearly isn’t just an operational exercise; it’s a strategic necessity. As your company navigates the complexities of the modern business landscape, these audits will serve as the cornerstone for building robust, adaptive, and successful partnerships. Embrace this opportunity to fine-tune your partner relationships and set the stage for sustainable growth.

Bottom line: Futurology is not fortune telling. Futurists use a scientific approach to create their deliverables, but a methodology and tools like those in FutureHacking™ can empower anyone to engage in futurology themselves.

Image credit: Pexels

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