Friday, February 22, 2008

In Marketing, First Develop the Fundamentals

A person who wants to play basketball starts by learning the fundamentals - dribbling the ball, passing and shooting. Everything else in the game builds upon these skills. To form a team, run plays and win games, the players must first know these fundamentals. Great players excel at them, and are usually tall and fast!

Like basketball, the game of marketing involves a set of fundamentals:

• Target market – the specific group to which you sell
• Positioning – the unique value your business offers
• Messaging – the words used to express your unique value

Taking the time to thoughtfully define these elements will accelerate your sales and business growth. It will make a huge difference in how well you play the game!

To learn more, download this tutorial:

http://www.aproposmarket.com/MarketingFoundation.pdf

Wednesday, February 20, 2008

Sell the Experience

While skiing this winter, I stood at the top of a snowy ridge and took in the panorama. In the distance stretched the deep blue Lake Tahoe. The peaks, ridges and forests of the Sierra Nevada Mountains surrounded it as far as the eye could see. The day was bright and sunny, warm enough that I did not need a hat or thick coat, like spring in February.

My ski partner dropped over the edge and cut back and forth down a steep slope. He maneuvered between two rock outcroppings and into an open area below. I looked down over my skis and felt a shot of adrenaline and fear in my gut. It was my turn.

That is the beauty and the thrill of alpine skiing. When I purchased a lift ticket that day for $57, I was not thinking of chair lifts, cables, electric motors and ski patrollers on the mountain. All of those are necessary to run a ski resort; they are the "product" so to speak. But I was thinking of the beauty and the thrill - the essential ski experience. That is what I paid $57 for, and it was worth it!

When marketing a product or service, remember to emphasize the finer points of the experience it delivers, which may be different from the technical features of the product itself. For instance, when selling a computer system, focus on the ease of management and how it enables workers to be more productive, as opposed to the number of megahertz and gigabytes it has. When selling a tree at a nursery, emphasize the cool shade it will provide during summer and the elegance it will add to a property, as opposed to whether the tree is 3 or 4 feet tall.

There is a time and place for selling features, but people ultimately are buying the experience.

Tuesday, February 12, 2008

May the Little Guys Prosper!

During the run-up to the recent Super Bowl, I heard football fans express sentiments like, "The Patriots are too good. Too dominant. I'm rooting for the Giants!" These fans were rooting for the underdog.

People, especially Americans, like to root for the underdog. Something in our nature wants to see the couragous, spirited Little Guy triumph over the swaggering, domineering Big Guy. It warms our hearts and makes us feel like there is justice in the universe. Maybe this notion traces back to when the downtrodden American colonies decided to throw off the tyranny of King George III. "No taxation without representation!" The Americans declared independence and fought a long, hard war to earn it. At that time, England was the superpower and America was the underdog. The idea that David can - and sometimes should - bring down Goliath is now embedded in our national culture and mythology.

So if your business is the underdog in a market, don't hide it. Play it up and tell people how you are the spirited upstart bringing much-needed change and a better way to meet customers' needs. Tell them how you are taking on the Big Guy who has become lazy and indifferent. The people will root for you because you are the underdog.

Here's to the Little Guys. May you prosper!