Just a couple hours ago, I was a dinner guest at Dazzling Restaurant & Bar on King St. W in Toronto - the illustrious theatre district. Dazzling brings an interesting fusion to several Far East dining styles. From Dim Sum to Sushi, from Pad Thai to Salt & Pepper Shrimp, the creations at Dazzling were just that - dazzling.
It's easy to see how deciding to brand yourselves Dazzling could be a challenge waiting to happen. However, in this particular instance, it actually holds true. The decor is enchanting, the service attentive and welcoming. But the food - the food is what's truly dazzling about this restaurant.
As a long-time fan of ordering a salad and then select choices from the appetizer menu, Dazzling didn't let me down. And didn't let down my dining companion - one of the fussiest eaters I have ever had the pleasure of dining with. Everything from the salad and appetizer menu just sang of the care taken in the kitchen to bring these delectables to table.
The frontage of the restaurant doesn't give away a hint of the dazzlingness inside - even though the theatre district and its ever present lightshow might overshadow the concept of anything else being dazzling. Living up to the brand promise - and for me a restaurant is about the experience and the food - that's what Dazzling actually accomplishes. The smoked salmon avocado salad is positively genius, the detail of delivering a bowl of magnificently tender, warm edamame, and attentive staff that is just there when you need them - everything was what the brand promised.
Congratulations to Dave and his team for putting together a dining experience that makes a marketer (who was quite skeptical that anything deserved the brand Dazzling) get excited about how to take the elements of a word and turn it into something that tastes just as dazzling as promised.
And that's what good marketing is all about - keeping the promise that your brand offers. (And notice please Dave, that I never said a word about the creme brulee. . .)
Monday, August 24, 2009
Monday, August 17, 2009
Analyze by psychographics - not demographics
There may have been a time when demographics actually defined your customer base successfully, but age, gender and geography are so overlapping now that if you are using just demographics to determine your marketing tactics, you are truly missing the boat.
Demographics equal age, income, gender, education, marital status, geography. The availability of disposable income no longer simply hinges on how much money someone makes - it is a question of lifestyle. You can make $100,000/year but if it is all tied up in mortgages and car payments, then even that level of income doesn't represent disposable. What is the personality that creates disposable income in almost any income bracket? Figure that out and you have the advantage over your competition.
Having a basic knowledge of your customers' demographics is a positive thing, but don't get married to it. The reality is you need to know your customers' hobbies, interests and even occupation to be more effective in your advertising. It's called psychographics.
Mass marketing is quickly becoming the dinosaur in the room - extinct. Even when purchasing television advertising - the big daddy of all mass marketing - you can now position your messages within specialty channels.
When you consider a 50-year-old female gardener, you would find she has more in common with more gardeners of any age or gender than she would have with the general population of 50-year-old females. People find comfort in groups of folks who are like-minded rather than simply groups of the same age or income bracket.
To be truly economical and efficient with your marketing tactics, you need to know which groups your product or service appeals to. Are they arts-minded? Sports fans? Instinctively frugal? Show-offs? You get the idea.
Match your tactics to your special interest groups and you'll be reaching them where they are more likely to appreciate and engage with your messages.
Demographics equal age, income, gender, education, marital status, geography. The availability of disposable income no longer simply hinges on how much money someone makes - it is a question of lifestyle. You can make $100,000/year but if it is all tied up in mortgages and car payments, then even that level of income doesn't represent disposable. What is the personality that creates disposable income in almost any income bracket? Figure that out and you have the advantage over your competition.
Having a basic knowledge of your customers' demographics is a positive thing, but don't get married to it. The reality is you need to know your customers' hobbies, interests and even occupation to be more effective in your advertising. It's called psychographics.
Mass marketing is quickly becoming the dinosaur in the room - extinct. Even when purchasing television advertising - the big daddy of all mass marketing - you can now position your messages within specialty channels.
When you consider a 50-year-old female gardener, you would find she has more in common with more gardeners of any age or gender than she would have with the general population of 50-year-old females. People find comfort in groups of folks who are like-minded rather than simply groups of the same age or income bracket.
To be truly economical and efficient with your marketing tactics, you need to know which groups your product or service appeals to. Are they arts-minded? Sports fans? Instinctively frugal? Show-offs? You get the idea.
Match your tactics to your special interest groups and you'll be reaching them where they are more likely to appreciate and engage with your messages.
Wednesday, July 1, 2009
Canada - The brand outside your window
Happy Canada Day everyone! A celebration of the country where 89% of the residents believe we live in the best country in the world, according to the Globe and Mail. And a country which has regularly discussed our self-identity and whether we even have one.
I am fortunate to live in a part of Canada where I can cross the border into the US at several points without much more than a short drive. As such, I do speaking engagements in the US and hear from our American friends who live close to the border on how they perceive their Canadian neighbours.
I've always thought we were seen as beer-drinking, funny, polite people. Let's face it, some of the best things to be exported to the US are our beer and our comedians. And there's no doubt we have excellent manners, when taken as whole. However, I found an interesting comment to be recurring in my conversations during American speaking gigs; apparently Canadians are just not worldly.
Not worldly. Hmm. So having the safest, most successful banking industry in the world doesn't matter. Being an upstanding member of the United Nations who regularly is called up to bat in international conflict isn't really very telling. And the fact that we have more successful relationships with more countries in the world than anyone else isn't even considered.
What is considered, oddly enough, is that Canada represents, in many American minds, a country of rural residents. If we have so much space and so few people, so few large cities and so little time spent bragging about it, how can we possibly be a world-player?
Thus the flaw of so many branding exercises. What the business owner and managers think is happening outside the window is often very different from what the customer is thinking. There's no question Canadians have talked the concept of our brand (or self-identity if you want to use a more politically-correct term) nearly to death. Our government protects us from American television by legislating a certain number of hours of Canadian programming all in the name of establishing our unique Canadian identity. But it appears that our own self-vision has nothing to do with how other people see us.
How many businesses do you know that believe they are special for one reason and it turns out you buy from them for a completely different one?
I rather liked thinking we had great beer, the largest crop per capita of funny people and always say 'thank you' and 'excuse me'. I don't really like thinking we aren't taken seriously because we aren't worldly. Perhaps it's a comment on how goofy our politicans behave out in public because I can't believe it is a result of a general behaviour, not in our impressive, multi-cultural country.
Who knew the geography would define our brand?
I am fortunate to live in a part of Canada where I can cross the border into the US at several points without much more than a short drive. As such, I do speaking engagements in the US and hear from our American friends who live close to the border on how they perceive their Canadian neighbours.
I've always thought we were seen as beer-drinking, funny, polite people. Let's face it, some of the best things to be exported to the US are our beer and our comedians. And there's no doubt we have excellent manners, when taken as whole. However, I found an interesting comment to be recurring in my conversations during American speaking gigs; apparently Canadians are just not worldly.
Not worldly. Hmm. So having the safest, most successful banking industry in the world doesn't matter. Being an upstanding member of the United Nations who regularly is called up to bat in international conflict isn't really very telling. And the fact that we have more successful relationships with more countries in the world than anyone else isn't even considered.
What is considered, oddly enough, is that Canada represents, in many American minds, a country of rural residents. If we have so much space and so few people, so few large cities and so little time spent bragging about it, how can we possibly be a world-player?
Thus the flaw of so many branding exercises. What the business owner and managers think is happening outside the window is often very different from what the customer is thinking. There's no question Canadians have talked the concept of our brand (or self-identity if you want to use a more politically-correct term) nearly to death. Our government protects us from American television by legislating a certain number of hours of Canadian programming all in the name of establishing our unique Canadian identity. But it appears that our own self-vision has nothing to do with how other people see us.
How many businesses do you know that believe they are special for one reason and it turns out you buy from them for a completely different one?
I rather liked thinking we had great beer, the largest crop per capita of funny people and always say 'thank you' and 'excuse me'. I don't really like thinking we aren't taken seriously because we aren't worldly. Perhaps it's a comment on how goofy our politicans behave out in public because I can't believe it is a result of a general behaviour, not in our impressive, multi-cultural country.
Who knew the geography would define our brand?
Labels:
branding,
Canada's brand,
Canadian brand,
mormac
Wednesday, June 10, 2009
Why you win & why you lose
Imagine a business owner who doesn't want to know why he won a customer, why he lost one or why they chose just to not buy from anyone. Far fetched? Not even close. Small business owners and their sales teams often try to spray the wall in hopes that something will stick, rather than having loads of information to guide and streamline their efforts. This is inefficient on man hours, but even worse, it eats into your profit.
Knowing why you lose a sale is arguably the most important aspect here for small business owners, however it's just one piece of the puzzle. There's no doubt knowing why you lost a sale can help you make changes, whether in staff or tactic, however knowing why you win sets up your brand story. Knowing why people simply chose not to buy at all helps you recognize barriers you can plan to climb over.
Many small business owners spend too much time staring at their own navel; they make broad stroke announcements on the best features of the product/service without ever consulting their customers. Take the time and spend the money to learn why you win over your customers. Their answers may surprise you and give you a whole new brand story to tell that will sway potential customers in your direction.
On the opposite side of the fence, some small business owners are too willing to accept creative excuses for why a sales call failed. Just because your sales team has experience in sales doesn't necessarily make them good at it; it may just make them good at coming up with creative excuses. There's no doubt it can be challenging to go back to a customer who has told you 'no' and ask why. But the benefits far outweigh the discomfort.
You can learn whether your sales team is focusing on the customer's needs or simply the sound of their own voice. Maybe you're missing the boat on what makes your product/service special in the eyes of your customer. There is so much learnin' that can be done by talking to your customers after the fact, not just during the front end of the sales cycle.
If you need to, hire a consultant that can handle the surveying and conversations with your customers after the fact. An experienced consultant can wade through the information and give you the tidbits that will make a noticeable and profitable difference to your business.
Be brave, be willing to listen and be prepared to change.
Knowing why you lose a sale is arguably the most important aspect here for small business owners, however it's just one piece of the puzzle. There's no doubt knowing why you lost a sale can help you make changes, whether in staff or tactic, however knowing why you win sets up your brand story. Knowing why people simply chose not to buy at all helps you recognize barriers you can plan to climb over.
Many small business owners spend too much time staring at their own navel; they make broad stroke announcements on the best features of the product/service without ever consulting their customers. Take the time and spend the money to learn why you win over your customers. Their answers may surprise you and give you a whole new brand story to tell that will sway potential customers in your direction.
On the opposite side of the fence, some small business owners are too willing to accept creative excuses for why a sales call failed. Just because your sales team has experience in sales doesn't necessarily make them good at it; it may just make them good at coming up with creative excuses. There's no doubt it can be challenging to go back to a customer who has told you 'no' and ask why. But the benefits far outweigh the discomfort.
You can learn whether your sales team is focusing on the customer's needs or simply the sound of their own voice. Maybe you're missing the boat on what makes your product/service special in the eyes of your customer. There is so much learnin' that can be done by talking to your customers after the fact, not just during the front end of the sales cycle.
If you need to, hire a consultant that can handle the surveying and conversations with your customers after the fact. An experienced consultant can wade through the information and give you the tidbits that will make a noticeable and profitable difference to your business.
Be brave, be willing to listen and be prepared to change.
Tuesday, May 26, 2009
Make sure you're selling what they want to buy
Deep down, every purchase has an emotional component to the decision. Before emotions get involved however, you need to be selling what your customer wants to buy. Too often business owners and managers make an assumption about their customers' key drivers and thereby miss the sale or, at the very least, waste a lot of time.
The buying experience isn't just about the end product. Let's face it, there's more than just you selling what you've got to sell. So how does the customer make the decision about who to do business with?
The winners are always the businesses who recognize that the customer is really only interested in "what's in it for me". Rattling on about how a product works and completely forgetting to just cut to the chase on the benefit to the customer is a sure way to disconnect from them. I don't particularly care how a refrigerator works - I just want to know that it's going to do the best job of holding all the fresh vegetables and fruits and the never-ending piles of cheese that live in my fridge. There's no point in focusing on the external ice-cube dispenser. I simply don't care.
Be prepared to have a conversation with your customer before you ever start 'selling' them something. You have to know and understand their needs to figure out the answer to "what's in it for me". Why are they shopping for this product or service? What's missing in their current solution?
Of course you'll need to have the list of functions, features and benefits for those lovely analytical people but even they are ultimately driven by "what's in it for me".
In the best sales scenarios, the customer does most of the talking. Not the salesperson. There are brilliant opportunities to learn other needs you can fill by being a listener, rather than a talker. And not surprisingly, customers appreciate a salesperson who doesn't rattle on.
Determine a list of engaging questions to use in every sales situation. This way, even if you aren't naturally spontaneous, you have a safety net of questions to move your sale along.
Key element: The sale is all about your customer. It's about their needs. It isn't about you or what you think they may be after based on what makes you interested in the product or service.
Every sale is different based on different motivations, different requirements and different personal needs. Make sure you're in a position to figure it out so you can sell what they want to buy.
The buying experience isn't just about the end product. Let's face it, there's more than just you selling what you've got to sell. So how does the customer make the decision about who to do business with?
The winners are always the businesses who recognize that the customer is really only interested in "what's in it for me". Rattling on about how a product works and completely forgetting to just cut to the chase on the benefit to the customer is a sure way to disconnect from them. I don't particularly care how a refrigerator works - I just want to know that it's going to do the best job of holding all the fresh vegetables and fruits and the never-ending piles of cheese that live in my fridge. There's no point in focusing on the external ice-cube dispenser. I simply don't care.
Be prepared to have a conversation with your customer before you ever start 'selling' them something. You have to know and understand their needs to figure out the answer to "what's in it for me". Why are they shopping for this product or service? What's missing in their current solution?
Of course you'll need to have the list of functions, features and benefits for those lovely analytical people but even they are ultimately driven by "what's in it for me".
In the best sales scenarios, the customer does most of the talking. Not the salesperson. There are brilliant opportunities to learn other needs you can fill by being a listener, rather than a talker. And not surprisingly, customers appreciate a salesperson who doesn't rattle on.
Determine a list of engaging questions to use in every sales situation. This way, even if you aren't naturally spontaneous, you have a safety net of questions to move your sale along.
Key element: The sale is all about your customer. It's about their needs. It isn't about you or what you think they may be after based on what makes you interested in the product or service.
Every sale is different based on different motivations, different requirements and different personal needs. Make sure you're in a position to figure it out so you can sell what they want to buy.
Monday, April 20, 2009
Your current customer - your best business growth asset
It doesn't matter whether it's a recession, depression or just business as usual - your current customers are the best source of business growth. Unfortunately, too many businesses neglect their current customers to go searching after new ones.
Research has shown it takes about five times the money to get a new customer as it does to retain a current one. But just retaining a current customer really isn't enough. Why not get them to do more business with you? Why not get them to bring their friends and family to your business as well? Or in the case of business-to-business enterprise, why not get their co-workers into your customer base?
In some businesses, management believes it is solely the job of the sales force to stay in touch with current customers and try to grow the business. I would suggest however the sales force could be more efficient if the marketing team is on side with the importance of incenting current customers to grow their business.
Have you contacted your customer base to let them know you're still there to support their needs? Have you sent a postcard, letter, email? Have you told them they're appreciated? Have you demonstrated your appreciation through a special offer only to your current customers?
If you haven't, you're missing an efficient, economical business growth opportunity. If you have a retail location, invite your current customers to a small wine-and-cheese party to show off your new merchandise and have some great loss leaders to show your appreciation. If you are in the service industry, perhaps a partnership that compliments your service could be a good appreciation gift (and then you can do the same for that business).
Everyone likes to be thanked. Especially when there's gifts involved. A promotional item with your logo prominently displayed would be an excellent gift. That way your business identity stays in front of them for a longer period of time. But make sure the gift matches your branding. Don't give away a cheap pen if your business represents expensive items.
Bottom-line is: you need to stay in touch with your current customers and give them a reason to do more business with you. And if you can get them to talk about you to their friends and family, even better. Don't wait for someone else to do this for you. Get on it, right now.
Research has shown it takes about five times the money to get a new customer as it does to retain a current one. But just retaining a current customer really isn't enough. Why not get them to do more business with you? Why not get them to bring their friends and family to your business as well? Or in the case of business-to-business enterprise, why not get their co-workers into your customer base?
In some businesses, management believes it is solely the job of the sales force to stay in touch with current customers and try to grow the business. I would suggest however the sales force could be more efficient if the marketing team is on side with the importance of incenting current customers to grow their business.
Have you contacted your customer base to let them know you're still there to support their needs? Have you sent a postcard, letter, email? Have you told them they're appreciated? Have you demonstrated your appreciation through a special offer only to your current customers?
If you haven't, you're missing an efficient, economical business growth opportunity. If you have a retail location, invite your current customers to a small wine-and-cheese party to show off your new merchandise and have some great loss leaders to show your appreciation. If you are in the service industry, perhaps a partnership that compliments your service could be a good appreciation gift (and then you can do the same for that business).
Everyone likes to be thanked. Especially when there's gifts involved. A promotional item with your logo prominently displayed would be an excellent gift. That way your business identity stays in front of them for a longer period of time. But make sure the gift matches your branding. Don't give away a cheap pen if your business represents expensive items.
Bottom-line is: you need to stay in touch with your current customers and give them a reason to do more business with you. And if you can get them to talk about you to their friends and family, even better. Don't wait for someone else to do this for you. Get on it, right now.
Labels:
advertising,
business growth,
business planning,
marketing,
mormac
Tuesday, April 7, 2009
Message match your meaning
Okay, so maybe I watch too many crime shows, but the new Air Canada television campaign is rather spooky to me. It's supposed to be the re-launch of the brand but, to me, half of it looks like a murder mystery. The smearing of red paint with fingertips is too much like writing with blood. (maybe I should seek help?)
I seriously believe an airline wouldn't want to be associated with spilled blood, so what were they thinking? The company's in trouble financially and they spend money on a high production ad that doesn't really sell any of their services but certainly puts a negative picture in my mind.
It is however an excellent example of what can happen to your marketing message if it isn't clear, concise and tested. Branding is important, don't get me wrong, but when your budget is tight, delivering messages that are high level and don't actually have a specific call-to-action are not a good use of your money (but it certainly puts cash into ad agencies' wallets). Of course, maybe Air Canada doesn't have anything positive to say about seat sales or services (that's certainly the sound of things in the media over the last while) so this weird bloody ad is all they have in their pocket.
There aren't a lot of ads, television, print or otherwise, that people take the time to discuss to discover what their impressions actually are. So you're stuck with their first impression - good or bad.
And it isn't just the words you use. In the case of Air Canada, there's nothing wrong with the words of the commercial. In this case, it's the visuals. So make sure your images are worthy of the message - both supporting it and enhancing it. For some people something as simple as brussel sprouts can be such a negative image that your brand is scarred forever.
Depending on the audience psychographics, you could find customers turning away simply because the imagery doesn't match their temperament. And the only way to know for sure is through testing or being completely in touch with who your customer actually is deep in their heart.
The more you know about your customer, the more you will be able to reach them with engaging and motivating messages. It's worth the research to not become an airline that markets writing in blood.
I seriously believe an airline wouldn't want to be associated with spilled blood, so what were they thinking? The company's in trouble financially and they spend money on a high production ad that doesn't really sell any of their services but certainly puts a negative picture in my mind.
It is however an excellent example of what can happen to your marketing message if it isn't clear, concise and tested. Branding is important, don't get me wrong, but when your budget is tight, delivering messages that are high level and don't actually have a specific call-to-action are not a good use of your money (but it certainly puts cash into ad agencies' wallets). Of course, maybe Air Canada doesn't have anything positive to say about seat sales or services (that's certainly the sound of things in the media over the last while) so this weird bloody ad is all they have in their pocket.
There aren't a lot of ads, television, print or otherwise, that people take the time to discuss to discover what their impressions actually are. So you're stuck with their first impression - good or bad.
And it isn't just the words you use. In the case of Air Canada, there's nothing wrong with the words of the commercial. In this case, it's the visuals. So make sure your images are worthy of the message - both supporting it and enhancing it. For some people something as simple as brussel sprouts can be such a negative image that your brand is scarred forever.
Depending on the audience psychographics, you could find customers turning away simply because the imagery doesn't match their temperament. And the only way to know for sure is through testing or being completely in touch with who your customer actually is deep in their heart.
The more you know about your customer, the more you will be able to reach them with engaging and motivating messages. It's worth the research to not become an airline that markets writing in blood.
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