Category Archives for "Management"

1 If you got hit by a bus, what would happen to your brand?

Death and taxes. Death and taxes. The two are always lumped together as inevitable parts of life. So why, as business people, do we obsess over taxes and ignore the issue of death?

Nothing derails a small business faster, and more dramatically, than death. When a partner or key employee dies, or experiences a death in the family, the business suffers. No two ways about it. The question is, is your brand strong enough to survive a devastating personal loss?

My dentist lost his 3-year-old daughter in a drowning accident. How do you go back to drilling teeth after that?

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2 A feel-good brand in a bummed-out world.

It’s being dubbed a “”depressed economy.” There are nightly reports on our current “ecomonic dulldrums,” and the “downturn” in consumer spending.

But if you sift through all the doom and gloom you’ll find that some brands are thriving in this “challenging economic environment.”

How do they do it? Here’s the secret:

Make people smile! It’s as simple — and as difficult — as that.

WWLogo - smallIf your product or service can elicit genuine smiles, you’ve got a winning brand. Because happiness is contagious. And when people are experiencing stress caused by circumstances beyond their control, that little dose of happiness becomes more valuable than ever.

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2 F15 Fighter vs. the 787 Dreamliner — Why corporate mergers are seldom good for brands.

In 1997 Boeing and McDonnell Douglas agreed on a merger. Like most corporate marriages, the deal looked great on paper: Boeing’s strength — commercial jetliners — was McDonald Douglas’ weakness. And vice-versa.

Boeing’s shortcomings on the military side would be bolstered dramatically by partnering with McDonald Douglas, maker of the F15 Fighter, the Apache helicopter, the Tomahawk missile, and many other successful weapons systems.

Two global brands, both looking to shore-up the weakest parts of their business. Two diametrically opposed corporate cultures.

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1 Garbage In, Garbage Out — How to get effective advertising from your agency.

Took a load to the local dump the other day. As I hucked yard debris and unwanted consumer goods out the back of the truck, I got to thinking about waste in advertising.

There are mountains of it, even in this age of informed metrics and marketing ROI.

As an agency copywriter I spent months — years even — working on poorly defined assignments and campaigns that went nowhere. More often than not, we simply didn’t have anything insightful to go on. It wasn’t a lack of creative juice… we always had lots of good ideas. The problem was lack of direction.

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1 A lesson on the importance of logos – from summer camp.

Roll up the sleeping bag. Pack the bug spray and the spf 30. It’s time for camp… an annual summer ritual, for parents and kids alike.

Summer-Camps-HomeEvery year, when I part with my kids for two weeks, the memories come flooding back. Like the lyrics of my favorite old campfire song…

There’s a hole in the bottom of the sea. There’s a hole, there’s a hole, there’s a hole in the bottom of the sea.

There’s log in the hole in the bottom of the sea.

There’s a knot on the log in the hole in the bottom of the sea.

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3 Brand differentiation. Is your message too generic?

Golf is one of those categories where brand differentiation is difficult. Clubheads are as big as they’re going to get, and every brand promises the same thing… Longer, straighter drives. High technology. And distance above all else.

This headline from a Cobra Driver ad sums it up: “Scientifically engineered for insanely long, straight drives.”

Sounds insanely generic to me. Why pay $50,000 to convey a message that applies to the entire category? You could literally insert the photo of any driver and no one would know the difference. Seems like a high price to pay for invisibility.

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7 Marketing for financial advisors – beyond gift baskets

It was one hell of a gift basket, piled high with an assortment of treats and trinkets. Not unusual for the holiday season, except it came from my financial planner.

First gift ever. The crux of most financial planner marketing.

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Seven-story corporate headquarters of Longaberger's Basket Company, Newark Ohio.

Apparently, the stock market’s spiraling decline inspired her to do a little preemptive marketing.

Like most small, professional service firms, her marketing efforts are inversely related to her current cash flow. When the markets are up and she’s riding high, her marketing expenses are low. She’s too busy — and content— to worry about it. When things are tough, it’s time to turn on the charm. It’s human nature.

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3 Brands that are built to last.

Built To Last, by Jim Collins, is commonly known as one of the most influential business books ever written. It’s on every consultant’s bookshelf and should be required reading for any executive, business owner or budding entrepreneur.

It’s also one of the best branding books you’ll ever read.

built_to_lastYou have to read between the lines though, because Collins never used the words “brand” or “branding.” Back in 1994 it just wasn’t on his radar. Collins and his co-author Jerry Porras focused instead on “visionary” companies and compared them, head-to-head, with not-so-visionary competitors.

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1 Just a little trim around the ears — How to cut your marketing budget without hurting your brand image.

By John Furgurson

When it comes to belt tightening, most marketing managers have it all wrong. At the first sign of an economic downturn they go to the list of tactics and start trimming off the bottom of the spread sheet. Or worse yet, they go for a military-style buzz cut and just chop it all off.

images4First thing to go is ”image” advertising”… anything that doesn’t have a coupon or a response vehicle of some kind is out the window. Brand building, it seems, can wait for better days.

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2 Judge Not. (And make better marketing decisions.)

By John Furgurson

Marketing is a very judgmental business.

Marketing directors are constantly judging the results of their efforts. Sometimes objectively, sometimes not.

Ad agencies and design firms judge each other in a constant battle of “my work’s cooler than your work.” They also subject themselves to judging in award shows, where a few peers get to judge the work of hundreds of competitors on an entirely subjective basis.

When it comes to television advertising, everyone’s a critic. TV viewers sit around and judge the advertising they see, based on entertainment value alone. If it’s entertaining enough, they might talk about it over the water cooler. If not, they vote with the remote.

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