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Casual Articles - Sacking Clients: Brand Power Wheel
Trade Show 101 a Brand Power problem a few years ago, we went through this exercise again and discovered that nearly all of our beliefs, capabilities, action and image were lined up, but somehow we just weren't getting through powerfully to our customers.Every trade show presents its own unique challenges, but there are a number of features that are common to all trade shows. Whether you are attending a local Chamber of Commerce show or a well funded national show, there are a few general guidelines you can follow to make sure that you are well prepared and well equipped for your upcoming show.The goal of every trade show is to generate leads that you can hopefully turn into sales for your company. Although many trade shows allow you to purchase and sell products, this is generally not the point of trade shows. Each lead you generate should be carefully recorded in as much detail as possible. A stunning 80% of leads generated at trade shows are not followed up, which is absolutely astounding considering the amount of money companies are willing to invest in conventions or expos.Usually exhibitors purchase a trade show display to highlight their products and/or services. Many exhibitors make the mistake of cramming too much information i At this time we were working with and targeting large, multinational firms. We were being paid very well but: * Our customers were happy to pay for our advice but rarely followed it through far enough to get results * We had occasional skirmishes with middle managers in Marketing, IT and HR - so every project felt like a battle * We became bored, tired and uninspired in our work and as a result began to feel that we weren't giving our clients our best shot. We looked into this more fully and realised that we Small Business CRM: How To Select The Right CRM Software For Your Company Remember in the last message we talked about your directional pipeline and how sometimes you'll be approached by prospects who just don't fit with what you want to achieve? We looked at the different types of prospect - Desperate, Curious, and Inspired.You've decided that you need a better customer relationship management system ("CRM") for your small business. You need a good place to store and access your customer information just like bigger companies. You want to be able to generate meaningful reports and manage your marketing campaigns. But there are so many options in all price ranges.So how do you choose the best CRM software for your company?What is CRM, exactly?In its simplest form, CRM is a database where sales and marketing teams store critical account data such as contact & account information, lead source, sales activity history, purchase history, and marketing campaign data and projections.CRM can also be an important reporting tool. For example, you can use it to Generate revenue projections for a product, a sales rep, and your company as a whole Tie revenue to the original marketing campaign Pull up lists of leads and activities by sales rep V Well, now we're going to have a think about what might happen if you realise you have some of the desperate or curious people as your clients. Oh, the shame! One of the tools we use is called the Brand Power Wheel - not got one of these? Then you know the drill, send a blank email to: leanbrandwheel@aweber.com with "Send Me The Brand Power Wheel - I'm Missing Out - Again!" in the subject line! The Brand Power Wheel really helps you to identify what's important to you and the way you work, so you can see whether prospects (people who haven't bought yet) and clients (those who have) fit with your values and beliefs. What we find is that for many companies, doing this at an advanced stage in their business lives, they get a bit of a shock. I know we did! You might find that some elements in your brand power wheel are probably out of line. The good news is once you've lined everything up, you'll have far more power and magnetism than your competitors and they'll struggle to ever really comprehend the reasons why. The Brand Power Wheel consists of layers (Belief, Capability, Action & Image, Externalities)- each layer, makes up an important part of your overall brand and communication. Working from the inside out will generally have a more dramatic effect on your final Brand communication than working from the outside in. You really need to see it - send a blank email to: leanbrandwheel@aweber.com with "Send Me The Brand Power Wheel - I'm Missing Out - Again!" in the subject line! So, the first thing you need to do is set about lining everything up so that you can project a potent and congruent brand to your target. I would just like to say that there is no right or wrong way to get everything in alignment. Some people may favour working on their own beliefs while others address capability with training. Some people will realise that their only blockage is in a sloppy image that doesn't reflect the quality of themselves or their customers. However you approach the challenge, you should do it based upon your beliefs, goals, and unique challenges. There is, however, usually a hard way and an easy way... Occam's Razor 'Pluralitas non est ponenda sine necessitas' (Plurality should not be posited without necessity) Now this sounds a little bit too pompous and academic for my liking so here's my simplification... If you have to choose between two actions, models or plans that are both likely to create the same outcome then choose the simpler one. If you apply this principle to your brand power and the rest of your marketing - you'll quickly discover it's effectiveness. Applying Occam's Razor and Sacking Customers When we were faced with a Brand Power problem a few years ago, we went through this exercise again and discovered that nearly all of our beliefs, capabilities, action and image were lined up, but somehow we just weren't getting through powerfully to our customers. At this time we were working with and targeting large, multinational firms. We were being paid very well but: * Our customers were happy to pay for our advice but rarely followed it through far enough to get results * We had occasional skirmishes with middle managers in Marketing, IT and HR - so every project felt like a battle * We became bored, tired and uninspired in our work and as a result began to feel that we weren't giving our clients our best shot. We looked into this more fully and realised that we Newsletters - A Great Way to Build Business Relationships ther prospects (people who haven't bought yet) and clients (those who have) fit with your values and beliefs.This is an excellent way to grow your business using your mailing list (which I trust you are constantly building). However, you have to accept that there are people who'll read your newsletter and there are those who won't.It does, however, help to build brand recognition and keeps your name in front of your existing and potential customers. People are also more likely to read a newsletter than a sales letter because they see it as less threatening.A newsletter lets the customer know that:You are an expert in your fieldYou are prepared to give them lots of free advice, tips and ideasYou have some new products or servicesYou have a sale or a promotion coming upYou understand the customer's industry and their problemsYou are a human organisation with lots of lovely peopleYou are an organisation to be trustedYou provide great customer service to other organisationsYou can use your newsletter to build a relationship with What we find is that for many companies, doing this at an advanced stage in their business lives, they get a bit of a shock. I know we did! You might find that some elements in your brand power wheel are probably out of line. The good news is once you've lined everything up, you'll have far more power and magnetism than your competitors and they'll struggle to ever really comprehend the reasons why. The Brand Power Wheel consists of layers (Belief, Capability, Action & Image, Externalities)- each layer, makes up an important part of your overall brand and communication. Working from the inside out will generally have a more dramatic effect on your final Brand communication than working from the outside in. You really need to see it - send a blank email to: leanbrandwheel@aweber.com with "Send Me The Brand Power Wheel - I'm Missing Out - Again!" in the subject line! So, the first thing you need to do is set about lining everything up so that you can project a potent and congruent brand to your target. I would just like to say that there is no right or wrong way to get everything in alignment. Some people may favour working on their own beliefs while others address capability with training. Some people will realise that their only blockage is in a sloppy image that doesn't reflect the quality of themselves or their customers. However you approach the challenge, you should do it based upon your beliefs, goals, and unique challenges. There is, however, usually a hard way and an easy way... Occam's Razor 'Pluralitas non est ponenda sine necessitas' (Plurality should not be posited without necessity) Now this sounds a little bit too pompous and academic for my liking so here's my simplification... If you have to choose between two actions, models or plans that are both likely to create the same outcome then choose the simpler one. If you apply this principle to your brand power and the rest of your marketing - you'll quickly discover it's effectiveness. Applying Occam's Razor and Sacking Customers When we were faced with a Brand Power problem a few years ago, we went through this exercise again and discovered that nearly all of our beliefs, capabilities, action and image were lined up, but somehow we just weren't getting through powerfully to our customers. At this time we were working with and targeting large, multinational firms. We were being paid very well but: * Our customers were happy to pay for our advice but rarely followed it through far enough to get results * We had occasional skirmishes with middle managers in Marketing, IT and HR - so every project felt like a battle * We became bored, tired and uninspired in our work and as a result began to feel that we weren't giving our clients our best shot. We looked into this more fully and realised that we Three Tips to Kick-start Your Management Career rand communication than working from the outside in. You really need to see it - send a blank email to: leanbrandwheel@aweber.com with "Send Me The Brand Power Wheel - I'm Missing Out - Again!" in the subject line!Going from employee to manager is like taking a quantum leap. Sometimes it's the most natural way to proceed forward, other times it takes time, patience and a good deal of planning.Tip No. 1: Look forward.There are many opportunities available to you, but you may not be able to see them. That's because opportunities normally aren't there unless you manufacture them. If you want to move into management you'll have to understand how you can better contribute to a company in a management role. Knowing yourself is the key here. You may be a whiz-kid in your department, but will you be a good manager? Your technical knowledge and expertise may win you that managing role, but is that what you really want?Tip. No. 2: Understand the future.What seems like a good place to be, may not be once you get there. The industry changes all the time and by the time you win your promotion you may find that the 'next big thing' has shifted and moved in another direction. To avoid missing the So, the first thing you need to do is set about lining everything up so that you can project a potent and congruent brand to your target. I would just like to say that there is no right or wrong way to get everything in alignment. Some people may favour working on their own beliefs while others address capability with training. Some people will realise that their only blockage is in a sloppy image that doesn't reflect the quality of themselves or their customers. However you approach the challenge, you should do it based upon your beliefs, goals, and unique challenges. There is, however, usually a hard way and an easy way... Occam's Razor 'Pluralitas non est ponenda sine necessitas' (Plurality should not be posited without necessity) Now this sounds a little bit too pompous and academic for my liking so here's my simplification... If you have to choose between two actions, models or plans that are both likely to create the same outcome then choose the simpler one. If you apply this principle to your brand power and the rest of your marketing - you'll quickly discover it's effectiveness. Applying Occam's Razor and Sacking Customers When we were faced with a Brand Power problem a few years ago, we went through this exercise again and discovered that nearly all of our beliefs, capabilities, action and image were lined up, but somehow we just weren't getting through powerfully to our customers. At this time we were working with and targeting large, multinational firms. We were being paid very well but: * Our customers were happy to pay for our advice but rarely followed it through far enough to get results * We had occasional skirmishes with middle managers in Marketing, IT and HR - so every project felt like a battle * We became bored, tired and uninspired in our work and as a result began to feel that we weren't giving our clients our best shot. We looked into this more fully and realised that we How to Survive a Difficult Challenge in Sales , and unique challenges.This is an article about sales as much as it is about challenging the Grand Canyon. I have ventured into the belly of the world wonder seven times. Each time it has been a different experience. The experience of each journey is like a sales experience because, although the journey is similar, it is never the same. I have challenged the Grand Canyon in the heat of summer, cold of winter and beauty of spring and fall. The 21 mile, Rim to Rim, hike offers the greatest experience of what the canyon offers.Prepare for the Toughest Journey of Your Life The challenge of the Grand Canyon requires preparation for the worst. The journey must be mapped out and planned, for the best times of hiking in the day. It is critical that you save energy for the return hike out. In the heat of summer, the temperatures can rise beyond 120 degrees and inexperienced hikers die in the canyon. The canyon can be brutal. I know because, on my first trip in 1970, on the last mile stretch I felt like I wasn’t g There is, however, usually a hard way and an easy way... Occam's Razor 'Pluralitas non est ponenda sine necessitas' (Plurality should not be posited without necessity) Now this sounds a little bit too pompous and academic for my liking so here's my simplification... If you have to choose between two actions, models or plans that are both likely to create the same outcome then choose the simpler one. If you apply this principle to your brand power and the rest of your marketing - you'll quickly discover it's effectiveness. Applying Occam's Razor and Sacking Customers When we were faced with a Brand Power problem a few years ago, we went through this exercise again and discovered that nearly all of our beliefs, capabilities, action and image were lined up, but somehow we just weren't getting through powerfully to our customers. At this time we were working with and targeting large, multinational firms. We were being paid very well but: * Our customers were happy to pay for our advice but rarely followed it through far enough to get results * We had occasional skirmishes with middle managers in Marketing, IT and HR - so every project felt like a battle * We became bored, tired and uninspired in our work and as a result began to feel that we weren't giving our clients our best shot. We looked into this more fully and realised that we Continuing Education for Nurses a Brand Power problem a few years ago, we went through this exercise again and discovered that nearly all of our beliefs, capabilities, action and image were lined up, but somehow we just weren't getting through powerfully to our customers.The following article relates not only to nurses but also to those aspiring to enter the noble profession of nursing. We hope you will get some insight into this field.Although we have used the female reference for nurses throughout this article ("she", "her"), this is done purely for convenience and in no way reflects the gender status of nurses in today's society.Most people assume that once a nurse has completed her education and has become registered, that is the "end" and that no more learning or education is required. This couldn't be further from the truth. There's more to nursing then just tending and looking after patients.It is highly critical that a nurse maintain and continue her ongoing education and is kept current on her profession. This is an integral part of maintaining her registration.A nurse’s life in the 21st century is extremely fast paced. There are medical advances in precedures almost on a daily basis and it is essential that a nurse is kept abrea At this time we were working with and targeting large, multinational firms. We were being paid very well but: * Our customers were happy to pay for our advice but rarely followed it through far enough to get results * We had occasional skirmishes with middle managers in Marketing, IT and HR - so every project felt like a battle * We became bored, tired and uninspired in our work and as a result began to feel that we weren't giving our clients our best shot. We looked into this more fully and realised that we were actually targeting and working with the wrong types of companies for us. We'd taken part in occasional projects with smaller, more inspired and hungry firms and had really enjoyed the sense of achievement and the celebration of their success. Small people in big firms really didn't appreciate our approaches for a number of reasons. The biggest one being that people in large firms are battling for power within. They generally (there are bound to be exceptions) aren't as interested in the firm's success as they are in their own. Marketing Managers wanted to spend more on marketing - not less. They wanted a bigger budget, more people around them and more things depending on them. This way they could grow their prospects, power and security. What we were offering was in direct conflict with what they wanted and it had repercussions through all elements of management, from HR through to IT and Communications. So who did want what we were offering? Owners of small, inspired expert businesses did. People who were spending their own money on marketing loved what we were saying. So looking at our current brand wheel, we could see easily what we had to do to get through. Sack our clients. We changed our focus to small expert businesses, graciously (well almost!) sacked some of our best paying customers and set about positioning ourselves as a company that works with small expert businesses. Most of what we did, said, believed and were capable of lined up perfectly with our new target, so with an occasional tweak here and there, we began to get work with exactly the customers we wanted. And they really wanted us. So, how did we sack our clients? Remember Occam's Razor and do it simply and elegantly. We had a few to get rid of. One of them was our largest client for the previous 2 years, but when we investigated the economics of keeping that client we quickly realised that they were only just profitable for us. They were an 80 person consultancy. So our first strategy was to increase our prices by 100%. Now, remember we weren't trying to get a price increase, we were trying to find a way of extricating ourselves from the relationship. They said they'd pay. Bugger! So, we held a very frank meeting with them (those of you who know us can guess how frank!) where we discussed what would need to happen for us to work together in the future. I must say we were blunt. The main and recurring issue with this client was that they "played" desperate ALL the time. Every requirement was urgent, every piece of marketing material was needed yesterday, they never planned ahead and they were always ungrateful! So, we suggested ways that might work in the future. They promised to try! Now, some people may be thinking, wow - that's so arrogant. And, you might be right. But, this is our business and if we're not enjoying it why are we doing it? We knew what we wanted out of a client and we laid it on the table. They tried, but they were so ingrained in their old ways that it was impossible for them. So, we parted company!
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