Friday, May 14, 2010

BRANDING - BACK AGAIN

I met with a PEI Based Business Owner yesterday - she owns a marketing company and I have to say that this Business Owner is going to go far - why do I feel this?

Because she gets it....I mentioned here before that your odds of building a solid brand increase dramatically when you have a consistency throughout your brand (i.e. your logo on all of your marketing material is identical, appears on all of your material in exactly the same way, your website features that same consistency, your verbal message and your company culture mataches that same brand, etc.)

And so, if you want your prospective client's to identify (and become aware of) your brand quickly (and become followers of your brand), being consistent in every place you promote your brand is BIG a step in the right direction.

BRAND ON....

cpoirier
http://www.islandbusinessnews.com/
http://www.coreypoirier.com/

Wednesday, May 12, 2010

CUSTOMER SERVICE - WHOSE RESPONSIBILITY?

I have been conducting interviews like crazy lately and in a couple of interviews in discussions on Customer Service, the question was raised as to whether or not technology has been helping or hindering our ability to deliver exceptional customer service - the common answer has been that it is the person and how they use the technology.


My question is do you agree with this and if so, whose responsibility do you feel it is to take steps to correct this? Managers, Staff themselves, External Speakers / Trainers / Technology Providers (i.e. corporate training sessions provided by technology suppliers).


Just curious.


cpoirier
http://www.coreypoirier.com/

Thursday, May 6, 2010

COMMON SUCCESS TRAIT AMONG LEADERS

The past few years I have been interviewing Business Leaders and High Achievers from all walks of life (Arlene Dickinson of CBC's Dragon's Den, Managers at PEI Mutual, Mike Bullard of Open Mic Fame, The Publisher of Motivated Magazine, Doug Hall of TV's Inventor, Emmy Winner Mark Goffeney, Bruce MacNaughton of PEI Preserves, Star Search Winner Tracey MacDonald, Alan Frew of Glass Tiger, Jeannette Arsenault of Cavendish Figurines, Best Selling Author Stephen Patrick Clare, and so on) for our Island Business News Publication, and the most common success trait among these leaders and other leaders they have worked with 4 times out of 5 is "Passion"

A passion for their career, a passion for their business, and a passion for life.

What's the message here? It will be very difficult for you to reach the pinnacle of your career without having a passion for "almost" everything you do each day.

Onward and Upward,
cpoirier
www.coreypoirier.com

Friday, April 30, 2010

UPCOMING EVENT JUST PROFILED IN ISLAND BUSINESS NEWS

Hi Everyone:

I'm traveling like crazy this week but I'm hoping to attend this great event next week featuring Olympic Gold Medalist Heather Moyse - http://www.ladyinred.ca/event.html

This are the type of events that I believe are truly needed in each market and so I try to support them whenever I can. If you want to be inspired, you could do worse than attend a great event like this one.

Cheers,
cpoirier
www.coreypoirier.com

Saturday, April 17, 2010

CONTINUATION OF BRANDING DISCUSSION

In a continuation of our branding discussion, here's a short excerpt from the new interview with Mike Bullard that appears in the latest issue of Island Business News:

IBN: Do you put a lot of thought into what the Mike Bullard Brand is and how to capitalize on that?

MB: I don’t really put a lot of thought into it and actually I believe that if you stay true to yourself, and the true you becomes your brand, it is a lot easier to maintain in the first place then trying to create and maintain a brand that isn’t aligned with who you are and the product you deliver. Only thing I would add is that you should try to be an exaggerated version of yourself if you’re working in the entertainment industry.

This is truly great advice, stay true to what your brand is and it's a lot easier to deliver a product or service that is aligned with that brand.

Next time we'll continue with our original discussion.

Cheers,
CP

Saturday, April 3, 2010

PART 4 - BRANDING VS. ADVERTISING

As a follow-up to our last post on whether branding or advertising is better choice for you and your business.

Obviously, one thing worth mentioning is the answer might also be dependent on your business type, the product or service you carry, etc.

Some products or services only take one ad for the advertiser to start realizing an immediate return (i.e. customer purchases or interest) whereas in some cases it may take multiple ads to simply build trust.

For instance, we had a customer who was only going to go with one ad in our publication and then wait to measure the response.

Unfortunately, this is something we hear very often - the problem would have been if he waited three months and discovered that it was a good medium to use, he would lose any momenteum built from the first ad placement and would have to start over anyway.

We (he and I) had a discussion about this and he decided to go with at least one more follow-up ad and I'm happy to report he messaged me within a couple of days of the initial article / ad coming out to let me know that he had enough return revenue on the initial ad to pay for the initial ad and the upcoming ad, and he had multiple inquiries from customers who didn't know of his company before the ad / article.

The best part is that no matter how many more sales he makes from either of these two ads, he is still getting the additional value of building his brand for the time when new potential customers need his product or service.

That is the power of branding:
Whether a customer buys now or later as a result of seeing your ad or company name, seeing your company name multiple times adds a trust factor that often isn't valued enough in relation to the cost of purchasing the advertisement.

Let's face it, everytime someone sees your company name, whether or not they purchase or act right away, you are building potential future sales.

In my research of more than 30 issues of Island Business News, my previous newspaper Alternative Careers (plus my time working for other publications), and in 8 years of helping people become a brand and/or companies grow their brand, this has proven to be accurate more often than.

As such, I still stand by my belief that one is better to place 5 small ads than 1 large one if there budget will only allow 1 large or 5 small, because as they say, it takes 5 nos in sales to get 1 yes (and in my opinion marketing is often similar unless your 1 ad is perfect in every respect and you either reach your customer when they are looking or you 1 ad somehow creates a need that the customer didn't even know they had) and so if you only appear 1 time in a certain medium you may be only getting the customers who have already said no internally 4 times already or your ad is so fantastic it encourages them to ignore the first 4 nos, which is very rare in my experience.

Long story short, if you'd like to know whether Branding or Advertising (or both) is best for your business, perhaps it may be better to place multiple smaller ads than just one larger ad and then measure the result.

At least then you will have a true picture of which will work best (and even which medium will work best) for you and your business.

Until Next Time,
CP for IBN

Monday, February 15, 2010

PART 3: BRANDING VS. ADVERTISING

This is a much shorter blog post in our ongoing Branding vs. Advertising Blog Series.

This time I just wanted to make a suggestion.....if you're not sure whether your customers respond to an ongoing brand or one-off advertising specials perhaps a great way to find out is through surveying your customers.

http://www.surveymonkey.com/ is one great source for surveying clients.

Surveying will also tell you why your customers buy from you in the first place, will create a feeling that you care about how your customers feel about you, give you insight ino any improvements or changes your customers might like to see you make, and tell you whether your customers are the type that respond to one-off ads or more long term ad approaches.

As an example of how this may differ from company to company is where I'm in the Speaking Business and The Newsprint industry, my customers are not typically a "buy as soon as they see an ad" type market since they don't always have a need for either service, however, if someone is very much in the small item purchase business (i.e. Office Supplies, Toys) or a commodity business, their customers may purchase if they see a special promotion in a one-off ad.

If you already know which type your client is, you can focus your survey more on how they buy, but if you don't know, the survey may tell you this as well.

Long story short, if you'd like to know whether Branding or advertising (or both) is best for you business conducting a customer survey may just be a great way to find out.

Until Next Time,

CP for IBN