Friday, December 2, 2016

Content Marketing Is More Powerful Than Ever

At its core, content marketing is the idea that by creating and distributing high-quality content that is relevant to your products, your services or your brand, you can more easily attract and even retain people who are interested in what you're selling. If you sell stereo equipment and write a quality blog post about what to look for in a new home theater, you're more likely to attract new customers by combining that blog with the sales flyer you sent them in the mail.

Put Information in a Format That People Want To Embrace

When people think of content marketing, they usually think of text. While this is true, it's important not to neglect the visual element. Case in point: pairing your marketing message up with the right visual image can increase the amount of information a reader will retain dramatically. According to one study, people are only 10% likely to remember information they hear 72 hours after they hear it. If that same information is conveyed in a piece of effective, content marketing with a relevant, attention-grabbing image, that number increases to an incredible 65%!

Color Really Does Mean a Lot

Continuing a discussion about the more visual side of content marketing, one of the most important elements that prove these types of marketing collateral can be more effective than ever all comes down to a single word: color. Another study found that if you're able to include colored visuals in your content marketing (or any marketing for that matter), you instantly increase someone's willingness to read and experience that content by an astounding 80%.

People Love Learning

Consider the fact that content marketing can be a lot more than just "marketing" - it can be an educational tool, as well. Take infographics, for example - especially since the advent of social media, infographics with rich, striking visuals have quickly proven to be powerful ways to get your message across. In fact, according to one recent study, an infographic is likely to be shared three TIMES more than any other piece of content on social media. When combined with print marketing, you can help establish your brand as an authority in your field to a much larger audience than imagined.

Content Marketing Creates a Higher Return on Investment

If you needed additional reasons to believe that content marketing is stronger than ever, look no further than one of the most important indicators: ROI. Studies have shown that not only does content marketing cost roughly 60% less than traditional outbound marketing like digital ads, but it can also potentially generate THREE TIMES as many leads!

Stats like these go a long way towards proving that content marketing is an excellent way to take your marketing message and present it to your target audience in a way that they're more than ready to receive. With the right piece of properly designed collateral, you accomplish everything from increasing awareness of your brand to establishing yourself as the real authority you are..... and everything in between. When you consider that 200 million people now use ad blockers as they browse the internet, high-quality, properly designed content is about to become even more important as time goes on.

Tuesday, November 22, 2016

A Business Perspective on Apple's Latest MacBook Event

If you're interested in the tech world at all, you're no doubt aware that Apple recently announced the 2016 MacBook Pro - something the company is calling "the best laptop ever made." Indeed, it's a unit with a technical specification sheet that can't help but impress. Objectively, it likely will go down in history as the best laptop the company has released to date. However, some users are suggesting that Apple may be losing the balance between "user experience" and "marketing" in a way that is a bit unfavorable to their end goals.

The 2016 MacBook Pro

The new MacBooks don't have a standard USB port at all, getting rid of them in favor of the new (and admittedly superior) USB-C. This is a great step towards a much more productive future, but it's at the expense of the fact that we're not quite at that future just yet. Case in point: the new iPhone 7 does not have a USB-C port at all. Instead, it uses Apple's proprietary lightning cable.

This means that if you own both devices and just want to do something as simple as charge your iPhone with your MacBook, you need to purchase an external adapter. To be clear, this is not "the end of the world." The MacBook Pro is still powerful; it can still be used with the brand new iPhone. However, what used to be a one-step process now requires two, as well as a purchase of additional hardware. This is contrary to the popular mantra of "design for the user experience first, marketing second." This is the very same mantra Apple built its reputation on.

What Would Steve Jobs Say About All This?

Never one to shy away from "rattling a few cages," this is one particular case where we don't actually have to wonder what Steve Jobs may have thought about the steps that modern day Apple just took with the MacBook. He may have actually said it himself, in an interview conducted in the 1990s.

In an interview for the PBS documentary "Triumph of the Nerds," Steve Jobs talked about how important sales and marketing people are to an organization, but how it's equally important to keep them separate from the product development process. His argument was that all too often, products go from offering a great, easy experience to being "great and easy... to market." Innovation, usability, and the overall experience tend to suffer as a result.

In that interview, Jobs said:
"... the people who make the company more successful are the sales and marketing people, and they end up running the companies. And the 'product people' get run out of the decision-making forums. The companies forget how to make great products. The product sensibility and product genius that brought them to this monopolistic position gets rotted out by people running these companies who have no conception of a good product vs. a bad product."

Contrary to popular belief, Steve Jobs didn't hold an "anti-marketing" stance at all. He supported marketers, and with good reason. Under his watch his own marketing team created some of the most successful campaigns of all time. What Jobs was warning against was the idea that you should always design a product or service for the customer first, and then turn it over to the marketing people to do what they do. When marketing is considered an extension of the product development phase, the positive qualities that brought you to your current position in the first place are often lost.

Tuesday, November 15, 2016

Warning: Are You Accidentally Shattering Your Brand Continuity?

At its core, brand continuity is the idea that all communication channels between your brand and your customers (live chat, email, phone calls, etc.) should all look and feel like they're coming from the same place. It's the idea that you should strive to give your customers an experience that is as consistent as possible, regardless of how they choose to make contact with you. Successful brand continuity requires you to strike a delicate balance, and if you're not careful, there are a few ways that you can accidentally shatter all that you've worked so hard to build even before you realize you have a problem.

It's All in the Visuals

One of the more subtle ways to build and maintain brand continuity is also one of the most important, mainly because it can be the easiest to get wrong. You have to make sure that all of your branding from the version of your company logo to things as seemingly insignificant as the font you use are as consistent as possible, regardless of which element of your online and offline presence you're using. If a version of your company logo is present on your website's "Help Desk" page, it should be the same version of the logo sent out in your latest email or print marketing materials. Don't use professional-looking fonts on your website if you're going to be using Comic Sans MS on your print materials.

You may initially think that this is incredibly easy to miss and in many respects, you're right. Customers aren't necessarily paying attention to every last visual element on a page versus a flyer versus a billboard. But, think about it this way: the ones that do notice may be put-off or at least find it odd, which is a feeling you do not want to invoke. Those that don't notice will still benefit from your strict brand continuity, even if subconsciously.

Getting Everyone on the Same Page

Another way that you can accidentally shatter brand continuity has to do with getting everyone on the same page regarding how your business works. If your website is very clear about one particular policy but your customer service team isn't, you're immediately confusing customers every time they pick up the phone. This confusion is especially evident regarding promotions. If an email goes out offering a new sale, you'd better make sure that anyone who answers the phones for your business knows about it and knows what it entails. Otherwise, your customers may get a disappointing experience when it feels like the left hand is unaware of what the right hand is doing, so to speak. It gives the impression that the different parts of your business are operating independently of one another, which is something you don't want to communicate to prospective buyers.

These are just a couple of ways that you can accidentally harm your brand continuity. Remember, you can never be 100% sure how someone is going to make contact with your business, especially for the first time. So, make sure however they encounter you, it's equally easy, enjoyable, and helpful.

Tuesday, October 4, 2016

Failure Is an Opportunity: The Positives That You Can Learn From a Good Day Gone Wrong

Nobody ever plans on failure. When you wake up in the morning, ready to start another rough day at the office, you don't think to yourself "Oh boy, I really can't wait to screw up that big project today." Failure is something that tends to happen, despite the best of intentions. In those moments of darkness, it's easy to let setbacks both large and small get you down. However, a quality that all real leaders have in common is that they don't dread failure at all because they know that it is inevitable. Failure is only truly a negative thing if you fail to seize the opportunity of the unique learning experience you've just been presented with.

Failure Helps You Combat Momentum

One of the most common reasons why failure sometimes rears its ugly head has to do with something that can often be your biggest strength - momentum. As the machine that is your business grinds along, day after day, you begin to get into a "groove" thanks to our old friend momentum. Productivity is on the rise; you're producing adequate results, and you're well on your way to meeting your deadlines and satisfying clients. Then, disaster strikes. Maybe a finished product isn't nearly where you need it to be, or a mission-critical process has broken down. This is where momentum works against you sometimes - because you were riding the wave of that groove, you likely overlooked small problems earlier on before they had the chance to become much bigger ones in the present day.

This is where failure becomes your best friend - it forces you to stop and think about everything that led to this moment. What along the way caused the failure that you're experiencing right now? It likely wasn't anything that happened this morning, or last night, or even earlier in the week. It was probably a series of small decisions made weeks or even months ago that snowballed into your present situation. With failure, you have an opportunity to look back and see things in a much clearer way. You can make a note of certain decisions you made that didn't quite pay off in the way you thought they would and, as a result, are ones that you're not going to make again in the future (or at least you shouldn't).

The Benefit of Hindsight

An old saying tells us that hindsight is 20/20. Many people think this is an ironic statement - because you can't go back in time and change the past. You're forced to live with the knowledge that the failure you're experiencing is one you created yourself. Instead, look at this saying as a positive thing. Hindsight may not allow you to change the past, but it IS a powerful tool that you can use to positively impact the future. This is the core of what learning from failure is all about.

Think about it this way: your mistake may have cost your business X number of dollars today, but it also helped you save a much larger amount of money on an ongoing basis because you had a rare chance to learn and improve in a way that wouldn't have presented itself otherwise. Learning from failure, therefore, becomes incredibly positive, as you're investing in the future of both your company and your career with the lessons you've learned today.

These are just a few of the reasons why failure is only a negative thing if you allow it to be. Sure, you had expectations that you've set for yourself and others that you didn't meet - feeling disappointed or even upset in these moments is natural. But failure is nothing if not a great opportunity to stop, reassess, and bounce back even stronger. Failure is natural throughout all points in life. In biology, every time you exercise your muscles begin to break down. However, they then rebuild themselves stronger than they were before - this is how we get more fit. There is absolutely no reason why the same shouldn't be true in the world of business.

Tuesday, September 27, 2016

4 Stubborn Business Myths

Entrepreneurs know that owning a small business takes dedication, passion, and hours of concentrated work. You may run into obstacles that test your business and your perseverance, obstacles that are norms in the world of business which each entrepreneur must learn to navigate. However, there are some obstacles that you may be facing without realizing it. Those barriers are stubborn business myths that just won't go away because people believe them, even though they aren't true.

1. It's not what you know but who you know.

In the course of doing business, business owners or potential business owners come up against this belief time and time again. However, while it is true that knowing the right people may help you get started or get access to some deals, in most businesses it is expertise, experience, and skill that propel you forward in business. If you can provide the solutions customers want, they will refer you to their friends and family.

2. Nice guys finish last.

This myth is a holdover from the era of Western movies and superhero comics. Nice guys (always portrayed as pushovers or wallflowers) finish last because the villains and heroes walk all over them. In film, this may be true. After all, Tony Stark isn't a nice guy. He is an arrogant, self-centered genius. However, The Avengers aside, in real life, nice guys finish first quite often. While a person with low self-esteem who doesn't speak up will not be successful without change, a courteous business owner is appreciated immensely by customers and vendors.

In today's modern world, people are used to dealing with machines, poorly-paid clerks, and online shopping. Finding a business person who is willing to offer them genuine customer service, build a relationship and spend time getting to know them to better serve them is rare. Many people are happy to pay more for real customer service. Therefore, being a "nice guy" is valuable to your contacts. They will remember your excellent service and come back for more.

3. Don't work hard. Work smart.

This myth is one of the worst business myths out there. There is no way you can run a business without working hard. Hard work is what separates the "men from the boys" as entrepreneurs. Successful entrepreneurs put in hours of labor to get their businesses off the ground. Working smart is just another way to say that there is a workaround or that you can find a way to skip the hard work. It just isn't possible in reality. If you aren't willing to work hard, you won't make it in business.

4. It's called work for a reason. It's not supposed to be fun.

All work has elements that workers do not like to perform. It might be the paperwork that you need to fill out for each customer or the data entry on your last case. However, why can't work be fun?

People who find work that satisfies them are much happier in life. That happiness translates to their work and their interactions with co-workers, customers, and vendors. If you love to sell, create graphic designs, or help customers find what they are looking for, then you ARE having fun at work. In fact, many companies are now providing their employees with ways to have fun at work to help reduce stress and fatigue.

So go ahead and have fun while working! It can only improve your outlook and production. Work can be fun.

Wednesday, September 14, 2016

Busy is a State of Mind; How to Stay Productive When You're the Boss

From a certain perspective, employees have it relatively easy. They don't have a choice regarding what type of work they're doing or when they're doing it. Productivity is dictated not only by the company they work for but by the people they answer to. If they don't have a spark of creative inspiration on their way to work one morning, that's just too bad - the work needs to be done no matter what. This can be incredibly motivating from a certain perspective.

When you're the boss, however, you aren't quite so lucky.

When you're the person in charge of steering the ship, there WILL be mornings where you don't feel as creative as you need to be. There will be days where being productive seems impossible, regardless of how hard you try. If you want to be able to stay as creative and as productive as possible, even when you don't have to answer to anybody but yourself, there are a few key things you'll want to keep in mind.

It's All About Momentum

Staying productive when you're the boss may require you to think about things a bit differently from how you're used to. One of the most valuable assets that you have on your side will be momentum, but unfortunately, that driving force isn't just going to create itself.

Say you have a big task ahead of you that needs to be completed by a specified date. When you look at it as a single goal, it can understandably seem insurmountable - particularly if you have nobody to answer to but yourself. However, if you were to break it down into a number of smaller, more straightforward tasks, suddenly you're building the type of momentum that will carry you far.

Start by making a list of all the more minor things you need to accomplish that will eventually add up to your singular large goal. It's important that you don't try to keep a record of this in your head - write it down on a piece of paper or in a word document on your computer. Doing so will help you visualize both what needs to be done, and the forward progress that you're making. Turn every task less into something that needs to be done and more into a single problem that you need to solve. As you do, physically check each item off the list. The benefit of this method is that you can SEE how much you're accomplishing, even if you haven't technically completed that one larger goal yet. Every time you cross off another task, you're building a little bit of momentum that will drive you forward to the next waypoint. Before you know it, all of those small individual items that seem insignificant by themselves will add up to the proverbial end zone that you were working towards in the first place. You're not doing any more or less work - you're just shifting the way you think about the task at hand when you don't have anyone to look to for motivation other than yourself.

Slow and Steady Wins the Race

Creativity is the same way. Instead of looking at something as a single, big task to be completed, be it a piece of creative material or a catchy new slogan for your business, look at it as a series of small puzzles to be solved. Visualize the amount of work to be done and the amount of progress you've made thus far. Before you know it your creative problem will be solved, even if you weren't necessarily feeling creative yourself along the way.

For those days where creativity seems fruitless and remaining productive seems all but impossible, remember a very mere fact of the business world that you've likely forgotten. Even though you're the boss, you DO have someone that you're answering to, the client. Put yourself in the mindset of one of your employees - what would you tell them if they were supposed to turn in that big project but didn't because they just weren't "feeling creative enough"? You'd say "too bad - it's too important, it needs to be done." Because the work IS too important and it DOES need to be done. As the boss, it isn't so much that you're answering to someone (in this case, the client), but more that someone genuinely depends on you. It's your job not to let them down in any way possible.

Tuesday, September 6, 2016

Using Science to Make Business Decisions

Many small business owners base decisions on their gut feelings which are comprised of their intuition and experience. However, using gut feelings to make business decisions may not be the best decision-making technique. Many companies are now using analytics and science to make judgment calls. With modern electronics and online tracking, analytics are often available to gather metrics on a myriad of topics. However, you can take business decision-making a step further and design scientific experiments to discover answers to your questions. Here are some suggestions on how you can use the scientific method to learn what decision to make.

Why Use Trial and Error?

Even in our current modern age of computers and mobile technology, too many businesses use trial and error or other decision-making techniques without any evidence of potential results before they get started. Keeping in mind the adage of what happens to people who make assumptions, there are better ways to decide on business matters.

Using the Scientific Method

If you think back to your high school days, you may remember learning about the scientific method. Like many high school students, if you didn't pursue a career in science, it is likely that you have not thought about the scientific method in recent years. However, business is more like science than you might expect. You can prove and disprove many theories with factual evidence before risking time and money on a new project or campaign. Why should you risk your company income and employees' paychecks when you can test theories before you take the plunge? If you could predict behavior, you would be able to achieve much more reliable results.

Let's see how much you remember about the scientific method. The basic method is to create a theory and then set up a scientific experiment to test your theory. You need a test group equally divided into control and experimental subjects.

Setting Up the Experiment

Google is a prime example of a company that tests its theories on a regular basis. They are constantly running tests to see how people react to various changes in their search engine. When they find a particular change that nets the results they want, they then implement the successful change over a larger group of search parameters.

Tests have been run by various companies to answer questions such as these:

Do lobster tanks increase lobster sales at Food Lion supermarkets?

Do eBay users bid higher in auctions when they can pay by credit card?

Do Subway promotions on low-fat sandwiches increase sandwich sales?

Does a Toronto-Dominion branch get significantly more deposits when open 60 hours a week compared with 40? (from https://hbr.org/2009/02/how-to-design-smart-business-experiments)

When Tests Do Not Work

Testing does not work in all situations. You have to have a large enough collection of data to learn anything significant. However, when you do have enough data to create a test, testing will give you measurable and repeatable results. According to the Harvard Business Review,

"Whether in marketing, store or branch location analysis, or website design, the most reliable insights relate to the potential impact and value of tactical changes: a new store format, for example, or marketing promotion or service process."

If you have a situation with specific, measurable results, instead of guessing the outcome and taking the risk, create a test that will give you a valid answer and confidence in your investment.