Marketing

Building an Effective Team: Part I

2023-05-27T09:54:48-05:00June 26th, 2023|Tags: , , |

Early in my former consulting practice, a friend convinced me I needed to hire a salesperson. Weeks later, I hired Steve.   The first call Steve went with me on was to a company that I knew desperately needed our help. But I had never closed the deal.   That day, Steve told the prospect. “I’m not leaving until you sign a ...

Branding Dilution

2023-05-26T14:47:59-05:00June 19th, 2023|Tags: , , |

In our changing culture, there are growing risks for the brands of our small businesses. When someone sees our brand images, they tie it to whatever messaging is attached.  Recently, someone emailed me from an organization I was involved with decades ago. The signature line in her email had her name, title, then under her title it said, “she/her/hers,” then, ...

Know Your Customer

2023-05-19T12:02:26-05:00June 1st, 2023|Tags: , , |

Recently, Bud Light experimented and embraced the “woke” agenda in their controversial ad with transgender activist Dylan Mulvaney. Their decision didn’t go well for their beer sales.   Considering the point of advertising is to increase sales, the fact that Bud Light sales decreased over 20% for weeks afterwards, doesn’t bode well for their experiment.  Bud Light should have known their ...

The Ping Pong Ball Drop

2023-05-08T14:16:09-05:00May 31st, 2023|Tags: , , |

When I was a child, our local shopping center, Truman Corners, creatively advertised a ping pong ball drop. A helicopter was scheduled to drop ping pong balls into the parking lot. The ping pong balls would be marked with potential prizes.  This creative idea filled the parking lot with thousands of people chasing bouncing ping pong balls. The individual ...

Embracing Transparent Pricing

2022-12-26T11:30:28-06:00January 3rd, 2023|Tags: , , , |

Airbnb recently announced a new pricing strategy. Airbnb customers have been complaining about the company’s lack of transparent pricing, so Airbnb decided to embrace a more transparent model.   If you review some past pricing studies, this is a risky, although more ethical, move. According to the Wall Street Journal, Stubhub discovered that 13% more people bought tickets when the pricing ...

The Rest of the Story

2022-12-02T11:02:55-06:00December 21st, 2022|Tags: , , |

As a teenager, working on my uncle’s farm, at noontime each day we turned on the radio to listen to the farm report, and to listen to Paul Harvey.   Paul Harvey was a famous radio broadcaster who told fascinating true stories about famous people. Mr. Harvey would share surprising and inspirational details, but not reveal who the story was about ...

Spring Forward Fall Back

2022-10-21T14:43:12-05:00November 4th, 2022|Tags: , , |

Years ago, I had trouble remembering which direction to turn my clocks when Daylight Savings Time approached. Then someone shared with me the simple phrase, “Spring Forward, Fall Back.”   These four simple words helped me to easily remember to set my clock forward in the spring and back in the fall. Great marketers have learned that making things simple for ...

Building Trust with Truth

2022-08-24T16:09:19-05:00September 26th, 2022|Tags: , , |

A Harvard Business Review article written by Christine Alemany focused on the changing landscape of customer trust. According to the article, building trust for your brand has become even more difficult due to the differences in information gathering by diverse age groups.   Alemany discovered that older adults are more brand conscious and obtain their information from traditional news outlets. Younger ...

Fair Pricing During Unfair Times

2023-02-11T10:24:37-06:00July 22nd, 2022|Tags: , , , |

My friend owns a chain of car dealerships. Due to the chip shortage, getting cars to sell has been a challenge.   However, the limited supply has caused car prices to skyrocket. My friend’s peers are selling cars far above sticker price.   As his team discussed this opportunity, they decided to take a longer-term view. In fairness to their local ...

Dashed Expectations

2023-02-10T21:41:32-06:00July 20th, 2022|Tags: , , , |

Kathy and I were visiting a new city and wanted to experience local food. The hotel concierge recommended and called a restaurant for reservations.  At first, the restaurant refused to take our reservation. Our concierge pressed on until we were finally promised a reservation at precisely 6:45, not earlier or later.   The next night we were excited to try ...

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