Archives for March 2013

Being the Best Connected Business

Communities

In this connected economy, your marketing message is traveling through complex and interconnected networks of relationships.

This is why marketing today is more than a process of earning the attention of people and engaging them with your business. It also requires that you do the same with their friends and influencers, and then theirs too – and so on, and on, and on.

While this may seem to be a daunting task, leveraging digital and real-life networks to ensure the future success of your business can be distilled down to two basic practices:

  1. Communicate Well
  2. Play Well

#1 Communicate Well

The goal of any form of marketing is creating a message that is so compelling, so engaging, so interesting and informative that it takes on a life of its own – it just travels well.

Think about that on a personal level. What does it take to earn your attention?

You will most likely discover that basic human qualities that engage people at an emotional level are always attractive, and therefore, should ideally be part of your marketing communications. Here are a few to consider:

Is Your Business Interesting?

The first step in avoiding commoditization is standing out from the crowd. Of course, it is well known that one of the surest ways to be interesting is to be interested – in your customers. Consumers will always find those businesses that are reaching out to be more interesting. It’s human nature.

Is Your Business Helpful?

When a business does take the time to learn about their customers, the next logical step is taking action on being of service. This can come in many forms, with the use of content marketing to provide solutions being highly valuable in a world where over 50% of all consumers go to the web for help.

Is Your Business Friendly?

Businesses such as Southwest Airlines, Zappos, and even Google have used friendliness to their advantage. When all other things are equal, and sometimes even when they are not, people will overwhelmingly choose the friendlier business.

You most likely know what it means for a message to “go viral.” This is when interesting, helpful, and friendly online content is so engaging that is has to be shared.  It just cannot be stopped – unless, something gets in its way.

#2 – Play Well

Actually, everything does eventually come to rest due to the influence of friction, mainly because it requires work to overcome it. This is a natural phenomenon associated with time, and one sure way to minimize it is to minimize the work – by making it play.

Some businesses inject their own friction that prevents well-intentioned communications from traveling as well as they otherwise could. Here are a few to work on to ensure your business is not getting in its own way.

Does Your Business Keep Things Simple?

Business that focus on being the best at what matters most recognize that simplicity is a desirable quality.

Simplicity is a hallmark of great companies that have taken the time to respect the time of their buyers.

How many deals have you walked away from (or nearly so) because the selling process was unnecessarily complicated.

Is it Safe to Work with Your Business?

It is indeed true in a risk-averse economy that consumers want to feel safe. Testimonials, guarantees, and the validation of online social communities all serve to give buyers confidence.  It is arguable that this is one of the most powerful reasons for investing in social media marketing.

Is Your Business Easy to Work With?

Being easy to work with pretty well sums everything about being the best connected business. The best connected businesses are working to simplify, have a little fun, and develop assurances that encourage the further development of their networks.

While there isn’t a magical formula for easily being a best connected business, the good news is this is not overly complicated either.

Communications that focus on making emotional connections increase the likelihood of engaging buyers with your business process. After that, being as frictionless as possible in working with buyers not only makes them customers, but also engages their friends and influencers.

That makes your business the best connected for future growth.

What is your business doing to be the best connected? Please share.

About the Author:  Jeff Korhan, MBA, helps mainstream small businesses create exceptional customer experiences that accelerate business growth. Get more from Jeff on LinkedInTwitter and Google+.

Jeff is also the author of Built-In Social: Essential Social Marketing Practices for Every Small Business – Released April 15, 2013 (Wiley)

Be the Best at What Matters Most

Be The Best At What Matters Most

Successful companies seem to make everything look easy, because they have mastered their craft – doing only a few things, and sometimes just one thing better than any one else.

In fact, the concept of business best practices is just that – doing what needs to be done and doing it well.

In this interview with respected author and keynote speaker Joe Calloway, we discuss what makes the best companies successful, and how any business can learn how to do the same. As Joe puts it, the most successful businesses are simply rock solid at executing on the fundamentals.

Here’s the video that features our discussion of Joe Calloway’s new book, Be The Best At What Matters Most (Wiley 2013), with the three key points of that conversation summarized below.

Simplify

Joe Calloway has a gift for helping companies find their focus for getting to the next level – and that starts with simplification.

For any business to get to the next level, there has to be a collective agreement among the team members on what matters most for getting there. That’s the starting point.

Entrepreneurs and small businesses especially are known to “wear many hats.”  The challenge is obviously learning which are the right hats – and then wearing them well.

Win on the Fundamentals

In recent years there has been a great of emphasis on delighting the customer by somehow creating some sort of “wow factor.”

Yet, in our current risk-averse economy, consumers today will be wowed by the assurance of knowing the basics will be done well – without exception. 

Let’s face it, consumers today have a voice and they are using it to be heard. So, if there is one thing that every company should be doing, it’s making sure there are no mistakes. This means no surprises.

Sure, we all like to have pleasant surprises, but as Joe commented in our interview, before you worry about the sizzle of the steak, make sure you get the steak right.

Take Action

In every business the greatest challenge has been and always will be taking action. This is what separates average companies from the great ones.

For small businesses, consistently taking action is what got our entrepreneurial ventures off the ground. We worked impossible hours and wore many hats.

To get to the next level requires something else – taking action on what is most important.  Find out what that is, specifically for your customers.

Then take action on that to consistently set the expectation of what your company stands for.  You can think of this as your brand, mantra, mission, or promise.

Whatever you call it, being the best at what matters most is the only strategy you will ever need. When you get that right, your marketing takes care of itself, as it is driven by the customer.

What’s the singular focus of your business?  Please share your thoughts.

About the Author:  Jeff Korhan, MBA, is the author of Built-In Social: Essential Social Marketing Practices for Every Small Business and host of This Old New Business podcast.

He helps mainstream businesses adapt their traditional growth practices to a digital world. Connect with Jeff on LinkedInTwitterFacebook, and Google+

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