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Our
Services
Tools
are diverse and certainly not limited to those below. Strong
writing skills are always needed to translate customer desire
into engineering content, and then back into terms the customer
can appreciate. Strong creative abilities and good ideas are
also important to embellish and communicate a sense of excitement
for the product. Creative elements like color, space, graphics
and typography can all help or hinder the success of the presentation.
But perhaps most important is having a strong intuition or
sense of what's right and what's wrong that can only be acquired
through experience. Over time, skilled communicators develop
an intuition that helps them read the audience, the customer,
or the employees. The value of sound judgment should never
be underestimated.
Planning
for Profitable Growth
Is your company growing faster than your profits? Many organizations
are stuck in no profit zones and their leaders struggle to
find a way out and into more lucrative markets. Downsizing,
reengineering and other techniques to improve efficiency will
not add profits over the long haul. It is true that these
improvements in efficiencies can positively affect the operations
of the organization. However, since they are easy to reproduce
by competitors they are not strategic and seldom add value.
In fact, changes to impact efficiency can have a serious negative
impact on the organization's knowledge base and it's ability
to learn. Consider what will happen if a traditional company
which manufactures durable goods buys a fast moving, smart
and hip Cambridge software company. All of a sudden, lunch
begins at 12 noon! Planning for merging the resources, the
distinctive competencies, and the growth of two organizations
to deliver a greater combined value is a vast undertaking.
But as in most successful planning exercises people--their
distinctive competencies, and their unique values are the
key. Cross functional cooperation and membership is the key
to creating practical strategies that can be successfully
implemented to create value.
Strategic
Positioning and Packaging
Implementing positioning strategies is much easier to do and
less expensive than implementing repositioning strategies.
However, in many cases, current circumstances may require
a complete reorientation of the organization's worldview.
Knowing what your organization's distinctive competencies
are is a beginning to enhancing your strengths and your competitiveness
in the future while minimizing your weaknesses. Creating the
right corporate mission, vision and then aligning them with
strategies and tactics to produce action always requires cooperation
and harmonious cross functional goals that people in many
different functions can believe in. Making strategy practical
starts at the grass roots level with practical tactics and
people. The case study "Has
talent, needs customers--An engineering lab profits
from its first strategy experiments"
shows how strategic repositioning can evolve into a new world-view.
One way to figure out your niche is to ask your existing
clients. If many of them hired you for the same reason, there's
your answer. Define your niche in thirteen words or less.
If you can't, how can you expect your clients to know? Put
your positioning statement on your business card and your
letterhead. The name of your business and its presentation
contributes to your position in the marketplace. Pick a name
that will have some meaning to your prospects, thereby making
your marketing job a little easier.
Corporate
Identity
Do your customers and employees view your business as you
do? Often executive perceptions of corporate identity are
not in alignment with what customers or employees believe.
Advertising benefits the customers do not care about or telling
customers stories that they do not believe, will reinforce
their unwillingness to believe to believe what you want, and
can even reinforce their negative perceptions. People form
beliefs that define identity based upon their previous experiences
with your organization, which include direct interactions
as well as what others have told them.
Enhance
your identity by painting a picture for people that is in
alignment with what they already believe.
Web Site,
Internet and Intranet Development
The web has become a powerful enabling tool for the Strategic
Business Forum. The Forum's marketing mix includes
direct mail, e-newletters and the web site provides final
validation, continuity, and historical documentation. Making
content available on the Internet offers attractive advantages
over conventional media. You can advertise on the Web and
avoid paying high advertising placement costs. You are not
as restricted by space, size or color so you can explain more
thoroughly the complex, intangible, or technical. However,
there are perhaps more web sites on the Internet than homes
in America. If you build a site how do you know they will
come? It is important to realize that they won't unless you
strategically market the site.
Integrate
the corporate web site, the intranet, and their business presence
with the current business processes and structures to avoid
conflict and misunderstandings later.
Strategic
Sales Development
I remember walking out of a
client in San Diego and my partner asked me, "what are
we selling?" With all the pressures of being on the road,
I had forgotten to ask the customer what he wanted and then
sit back and listen. Instead, I talked to him about our products--all
of them. Every great sales person knows how important it is
to ask the customer what he wants, and then focus all of the
discussion around that need. The Internet is a very useful
tool for preselling and qualifying customers. Internet based
application summary forms can be used to gather lots of valuable
data about the customer's needs--especially if the questions
and content are changed frequently and maintained by sales
people.
Advertising
In an advertisement for Raytheon
every word had to count so the products could be presented
in the most dramatic way. The objective of the campaign was
to build recall. First time in print this ad was reviewed
by Harvey Ad Q. It beat every other ad in it's category in
recall except for a two page spread by Raytheon Corporate
that had been consistently running every month. The ad's cost
was about half of the two page spread. Advertising is an investment
and its results always should be tested. Test your advertising
with a fax number if it is aimed at businesses, or post office
boxes and e-mail addresses to separate responses from regular
mail. They also take less ad space, and people are less likely
to make an addressing error. Test the size, the offer, and
the frequency of the placement for the ad. Ask for action
and make it easy to respond. Free is a powerful word, but
if you use it in advertising be prepared for the response
and to follow though. Once your organization has achieved
a level of credibility and awareness then it may be time to
consider advertising to persuade the customers to try your
product. Advertising is the most effective method of convincing
people to act or try your product. You may also consider using
advertising to contribute to brand awareness by increasing
the frequency of the customer's exposure to your products
or services but a mix of tactics to build brand awareness
is most effective.
Advertising
is not the best method for changing perceptions, or fixing
problems. Since it magnifies everything, advertising that
you have solved problems when you haven't, will make the problems
appear worst. It also is difficult to increase trustworthiness
or credibility with advertising, even though testimonials
are often used for this purpose. They often only provide some
reinforcement to another event like an editorial or feature
article. Testimonials should not be considered the only building
block of credibility, public relations plays a greater role.
Public
Relations
Significant original research, technical breakthrough, or
an exciting visual adds tremendous depth and credibility to
the content in editorial. This image
of the artifact discussed in the story "The
bombsight war: Norden vs. Sperry" shows how original
research and an exciting visual can add depth and credibility
to editorial content.
Public Relations provides the crucial link of credibility
in the chain of persuasion. There is seldom a substitute for
good positive editorial reinforcement of your positioning
strategies and nothing worst than bad negative editorial that
contradicts or challenges your strategy. Customers will always
believe the media's editorial before they believe your advertising.
Sound public relations certainly provide powerful persuasive
tools, but it is not free and it is difficult to control and
plan. Considerable time, relationship building, research and
content development are all required to produce a strong persuasive
public relations tool.
Some things can be done to build timeliness. Do a survey
or run a contest and turn the results into a press release.
Personalize the press release with notes in the margins to
highlight relevant points. Print lasts, and it's easier to
put a clipping in your book of testimonials. Do research and
target five solid media outlets to pursue. Send them releases
every month for six months and always call the editor. Once
you get publicity put it to work. Copy press clippings or
excerpt quotes and include them in every direct mail package
you send out. There is no better way to gain instant credibility
with potential customers. The most important part of your
press release is the headline. It has to grab the editor's
attention and position the release as newsworthy.
Literature
Literature tells customers what the organization is committed
to and it adds a sense of permanence or reliability. It acts,
as reinforcement to advertising and sales, but certainly can
not substitute for these tactics. Copy can define benefits,
photography can make products or services appear more tangible,
and illustration can add mystery and excitement. The greatest
strength of literature is also its greatest disadvantage.
The customer with a PO on his desk is looking for the best
solution to his/her needs. Your literature may imply that
your company provides his or her solution, but if it is not
stressed the customer may think you are not committed. If
the literature is multipurpose, and designed to sell everything
to anyone the sense of comment will not translate and the
customer will probably look elsewhere.
Template software can help you create fair looking flyers
and brochures fast but as with everything else the important
thing is communicating content and purpose. Don't worry about
looking original. Looking good enough is more important. The
most important parts of any piece of collateral are the headline
and the how easy it is to order. Make it easy for people to
respond to you. Be specific, use short headlines, describe
the benefits, include the positioning statement, ask for action,
and clearly show how to reply, i.e., address, phone, fax,
URL Let your positioning help you decide how to create your
printed materials.
Direct Response
Direct mail is the most commonly recognized form of direct
response, but there are many others. In a pure sense, direct
response asks the receiver for a specific response to a specific
request. It is highly targeted both in its design and execution
and is popular with smaller emerging companies and others
selling into vertical markets. A one or two percent return
on direct mail is considered a good investment by many. This
can become expensive, especially if the return is not generating
enough profits to pay for the promotions. What is its purpose?
What will it accomplish? These are two important questions
seldom asked prior to launching many direct response efforts.
I have actually been involved with direct response efforts
that generated more than a 20% return. These were targeted
and personalized mailings written to individual customers
by an executive as if he were their friend. Obviously, they
reciprocated in friendship and relationships were enhanced.
Dress up your envelope. If it looks hand rather than mass
mailed, it's more likely to get opened. Address by hand and
use stamps. When people receive mail, they read the salutation
first and the PS Next. Make it a personal invitation to action
by highlighting your most attractive benefit. Don't stop mailing
to a list until the results can't justify the expense. When
writing a direct mail letter, let people know with the first
eight or ten lines what you are selling. Test your direct
mail. The list is far more important than content or style,
followed by the offer and creative is a very poor third. Keep
in contact with the people on your list.
Newsletters
Newsletters
are one of the best ways of building credibility and creating
awareness for a brand, product, or service. In order to work,
however, they must be considered more of an educational tool
than a sales tool. Don't expert them to persuade as much as
inform. They are especially powerful for small to medium size
companies with limited resources and are very good when the
product is complex or intangible. They are ideal for consultants.
Create succinct newsletters since most people use newsletters
as a means of getting useful information quickly. The newsletter
is a selling tool but it has to educate as well. Don't design
a fancy newsletter, but instead design for legibility. Reduce
the cost of the newsletter by creating a self mailing piece.
You'll save the cost of envelopes and the time to stuff them.
And perhaps even more importantly, everyone who sees the newsletter
will have an opportunity to discover you. Have someone else
besides yourself proof the newsletters.
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