Archives for April 2013

Why The Best Products are Souvenirs

2013.4.28 baseball souvenir

Marketing expert Seth Godin has more than once noted that a book is souvenir – a vessel for ideas that allows them to be readily used and shared.

I believe we can further expand on that idea.

Have you ever considered that the products and services your small business creates are souvenirs too?

What Exactly is a Souvenir?

We often think of souvenirs as relatively low-value items that are purchased or received for free as a memento of an experience with a place, occasion, business, or organization.

However, the original and primary definition of souvenir is to remember or come to mind.

Doesn’t every business aspire to be memorable?

Isn’t this purpose of your marketing, sales, and customer service? And most significantly: aren’t the best products and experiences more memorable than their counterparts.

Like books, you want your products and services to be used and shared, as that sharing is what leads to viral marketing. This is what makes them social objects – and that creates profitable outcomes in this business environment in which consumers have a voice.

The value of a souvenir is meaningless – it could be large or small. The only reason the word is associated with inexpensive items is because that is how it has been typically used.

As the definition suggests, you can apply it to your business to make it more relevant and memorable, especially in this connected economy.

Why Do Souvenirs Work?

Souvenirs ideally reinforce emotional connections. When it comes to business, logic builds value and creates alignment with buyers; but it is nearly always emotion that results in the necessary trust that delivers a sale.

When a sale is consummated, the product is the souvenir – a reminder of exchanged or shared value with your business. Is that souvenir strong enough to stand on its own, or should your business have a follow-up process in place to further enhance its value?

Think about that.

Fans Buy Souvenirs

Sports fans spend a great deal of money on memorabilia to enjoy a stronger connection to a player or a team – and that’s also why some of your customers regularly buy from you.

Sport teams represent a community. The fans are the people associated with it (or want to be). That real or implied affiliation is powerful.

How can you create a similar feeling of community with your tribe – the buyers and influencers that support your business?

Of course, you know that you have all of these social media channels to make that happen. Your blog, Facebook page, newsletter, or Google+ community are all ideal for building community.

Successful marketing today is not something you do to buyers – but with them. It’s a collaboration, one that encourages inclusivity, even intimacy.

Are you ready to get friendlier with your community of fans that share your good works as they would a souvenir?

Hold that thought as you reconsider your social marketing.

About the Author:  Jeff Korhan, MBA, is the author of Built-In Social: Essential Social Marketing Practices for Every Small Business – (Wiley)  

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

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Small Business Social Media Accountability

Small Business Social Media

Recent tragic events here in the United States (and around the world) have heightened awareness of the global reach of media, especially social media, and the consequences for businesses using it.

Small business advertising has historically been local, making it easy to craft messaging that is appropriate for the targeted audience. However, now any piece of digital content has the capability of reaching audiences far removed from those for which it is intended.

This creates new responsibilities that many businesses are only just beginning to fully comprehend.

Your small business may be local, but your words spread far and wide, and that has consequences that can dramatically affect its reputation.

It is prudent for every business to recognize that they are a media company, and with that comes responsibilities for which is must be accountable.

Have a Larger Perspective

Many businesses autopublish information on their social media channels. This practice is useful for convenience, provided the content is monitored. Unfortunately, many influencers and businesses were swept into a controversy in the wake of the Boston Marathon tragedy, largely because what they were publishing had gone unchecked.

This is precisely why delegating the social media function to a low-level employee is not a good idea. When this is done the risk of making making poor decisions rises significantly.

To be sure, this may also hold true for media agencies that are inexperienced, or do not know your business well. And let’s face it, nobody knows your business like you do.

The solution is to weigh what is published against the values and beliefs of the organization.

Naturally, this larger perspective has to come from leadership, and it has to be clearly articulated in a manifesto or core values that everyone then adheres to.

Choose a Professional Approach

Zappos is an example of a company that manages their social media well; and this is accomplished by simply linking its employees’ social media sharing to its ten core values, which are focused on achieving world-class customer service.

When a business is intensely focused on the customer, it’s messaging necessarily becomes more professional. It’s when businesses seek to draw attention to themselves that the message can be interpreted to be self-serving, insensitive, or shallow.

Vital elements of the media message to carefully consider are these:

Language – We are judged by our words. Using profanity or slang rarely postions a company as edgy or cutting edge; it is likely to be viewed as amateurish at best, and more likely unprofessional.

Timing – Choosing your timing well respects your audience. This includes both the hour and day of the week.  Nobody wants to receive a business message on a weekend, with the exception of a light wrap-up of the week.

ContentContent is king, so design it for royalty – your customers. It’s quality reflects your personal and business brand.

Stories – Stories should entertain, educate, and inspire. They should deliver value and never make people feel uncomfortable. Stories about exceptional customer experiences are nearly always be appreciated.

Personal or ImpersonalBeing too personal or too impersonal is not advisable when working with clients and customers, and so it is with your social media. Just be social.

Accuracy – Do your fact checking and avoid racing to report news that you have not verified as accurate.

Be a Responsible Publisher

Have guidelines that you live by. Minimize automation as much as possible, and always bring the wisdom of experience to bear on your social media marketing.

Responsible online publishing is now essential.

Learn to hold your business accountable for its social media, because its extended communities already are doing so.

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 – Just Released April 2013 (Wiley)

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Local Business Networks Intersect

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Advertising That Enhances the Media Experience Works

Advertising (especially digital) has earned a reputation as something interruptive, and therefore, unwanted. Selling earned the same reputation back in the days of the stereotypical fast talking salesmen. In both circumstances, the problem was not with the medium for communicating the message – it was the message itself. While social media has in many ways […]

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