Roy's Blog: October 2010

October 21, 2010

How to market happiness and beat your competition


Source: Pexels

How to market happiness and beat your competition.

Happiness has significant implications for marketing to stand-out and be more successful.

The simple truth is that marketing happiness makes good business sense. But I don’t see it happening anytime soon.

I find marketing for the most part today predictable and for the most part lacking imagination.

As I’ve said elsewhere, probably greater than 80% of all marketing activity is spent flogging products and services to mass markets (although the internet technology available today allows a higher degree of personalization) based on persona composites of the ‘average’ person in the crowd.

Product myopia is the result of a supply-minded view. Marketers are infatuated with the capabilities of what they produce. The coolness of their technology. The functionality of their gadget.

The problem is, with virtually everyone following this marketing pedagogy none achieves the exalted position of DiSTINCTION, UnFORGETTABILITY, UnIQUENESS, GaSPWORTHINESS and ReMARKABILITY.

Consumers see a blur of offerings and capabilities with no one standing out from the herd. Value is a spoken word with no substance. It’s all about the ‘iron’ of production. The secret desires of the fan are lost in the flurry of product management activity to ship the product.

The course of marketing must change if it is to be relevant in today’s markets.

A person buys when they are happy and it’s the experience that triggers it.

Tangible goods at best deliver short term euphoria; they don’t produce long term happiness.

A new SUV initially delivers awesomeness to its owner for a period, but the euphoria soon fades as it becomes a used car. A new condo is amazing as the paint dries, but thereafter is an asset that has to be cleaned and maintained.

And if the new MacBook Air delivers all the functionality it promises, it’s rated ‘ok’; it’s acceptable but no long term adulation is created (in fact if the functionality of a tangible good is not delivered as promised, the purchase creates short term ‘pain’ for the producer as the consumer’s anger is spread to their friends and family).

Experiences on the other hand are a different matter. People remember experiences. They feel experiences. They talk to others about experiences. They buy repeatedly on experiences. They are happier when they are in a memorable experience. It’s not rocket science.

The trip to Maui leaves long lasting impressions and the family dinner leaves gratitude indelibly etched within us. And we want to experience those feelings again and again.

So why don’t marketers listen?

- They don’t understand the power of the happiness marketing strategy and why it should take priority over a product-push one;
- The product push approach has worked in the past and they trust that it will continue to work in the future;
- They like what they’re doing and don’t want to change;
- There is a great deal of effort required to engage niche customer groups and find out what experiences, specifically, would make them happy;
- They see happiness as a ‘fluffy’ value with little evidence that marketing it will produce economic benefits.

Yet credible opinion exists on the power of happiness and the benefits produced:

- University and other studies — at Cornell for example — show that experiences bring greater happiness and satisfaction than buying and owning possessions;
I attended a Deepak Chopra event in Vancouver where he argued that experiences deliver happiness in three ways: planning an experience creates anticipation and excitement, participating in the experience creates in-the-moment euphoria and remembering the experience creates lasting memories;
- Tony Hseih, CEO of Zappos in his book Delivering Happiness, discusses ‘how using happiness as a framework can produce profits, passion and purpose in both business and life’;
- And happiness has even taken on a political dimension. Tiny Bhutan has made ‘Gross National Happiness’ the central aim of its domestic policy to increase well-being and improve the quality of life for all their citizens.

The current attitude to marketing happiness must change if the craft is to become an even more relevant and vibrant profession.

What we need is a ‘happiness pandemic’ in the marketing community where the virus is encouraged to spread.

The new marketing order — happiness marketing — must focus on creating memorable experiences for people. Where feelings reign supreme. Where emotion rules. Where marketing success is measured by how many mind-blowing experiences are created for people rather than how many products are sold.

There is a simple, practical way to get started. Establish the position of ‘Experience Manager’ to marketing organization charts to complement the product or customer manager position.

Hold the experience manager accountable to:

- Learn about what types of experiences in various customer groups make people happy.
- Define the high emotion experiences with the strongest appeal.
- Use the ‘happiness secrets’ that are discovered as the vaccine to inject into company operations as well,as products and services.
- Measure and track the number of memorable experiences created in the organization every day.
- Set experience targets in the marketing plan.
- Work with product management to determine the products and services that produce the best experiences for customers and find ways to replicate the happiness impact with the broader product portfolio.
- Build an annual marketing ‘experience plan’ that influences what the product and customer managers do.

Happiness can be an amazing business builder for any organization and epic experiences are the way to trigger it in any person.

Establish the Experience Manager and use the position to give your organization a competitive advantage over the product-floggers.

Cheers,
Roy
Check out my BE DiFFERENT or be dead Book Series

  • Posted 10.21.10 at 12:00 pm by Roy Osing
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October 14, 2010

Why a customer beating is something to be cherished


Source: Unsplash

Why a customer beating is something to be cherished.

The ability to take a punch is one of the most critical strategic issues facing organizations these days and yet few view it as an opportunity to thrill their loyal customers.

It’s not particularly pleasant when you are on the receiving end of your customer’s wrath. It can be terrifying, intimidating and painful.
Someone else is in control and your first impulse is to try and deal with the situation and escape FAST.

Get it over with and escape the pain seems to be the favoured response by companies these days.

The ‘get it over with’ phrase usually involves quoting company policy as the explanation for the customer’s annoyance that they should accept.
This NEVER works as it was probably a company policy that made the customer go postal in the first place.

It’s not the frontline employee’s fault that customer complaint moments go very wrong.

Organizations generally don’t understand the latent power they have if they respond the right way, and even if they did they rarely go as far as defining the specific way the situation should be dealt with i.e. the behaviours required to successfully handle the situation.

Enlightened organizations strive to serve their customers in a remarkable way and make themselves indispensable get it.

They are able to turn the other cheek and realize the benefit of being bullied, harassed and beaten up by their most precious assets.

‘Take-a-punch’ opportunities

◾️ Realize its nothing personal. Your fan is pissed at your organization and the way it’s have treated them. If you can’t get to an objective plane you simply won’t be able to take care of the situation.

Put yourself in the customer’s shoes and look at the circumstances from their point of view. Wouldn’t you be upset if you were treated the same way?

◾️ Treat this experience as a source of learning. You are getting the real deal. The customer is telling you how they really feel. You are getting their secrets in no uncertain terms.

Listen and Learn how to change policy and procedures so they serve what the customer wants instead of infuriating them.

◾️ Look at this as a gift of service recovery that will actually build customer loyalty.
Create a dazzling moment for them by not only solving their problem but also adding the surprise factor - something thoughtful they did not expect.

◾️ As long as they are screaming at you they haven’t left. If your organization wasn’t serving them in any meaningful way, they wouldn’t be chastising you.
They would be gone. And they would be telling everyone they connect with how rotten you are.

Bottom line… develop your own take-a-punch strategy for serving customers if you want to enjoy the financial fruits of loyal and caring fans.

Cheers,
Roy
Check out my BE DiFFERENT or be dead Book Series

  • Posted 10.14.10 at 11:00 am by Roy Osing
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October 4, 2010

Can new breakthrough technologies make you successful?


Source: Unsplash

Can new breakthrough technologies make you successful?

Does your business plan declare your intent to use technology to differentiate your organization from your competition?

There seems to be an abundance of technology push in the marketing world these days. Almost an obsession with the cool things technology can do; the complicated tasks it can perform as opposed to the value it creates for people.

Technology is a means to an end

PERIOD. It’s a means to create value for those you choose to serve. The emphasis needs to be on the solutions it produces rather than on the technical characteristics of the delivery machine.

Technology myopia inhibits the successful execution of a value creation strategy. It takes your eye off the prize: creating meaningful compelling value which enriches peoples’ lives.

It results in product flogging which emphasizes what you supply and not what the benefits the customer covets.

Marketing seems to be asymmetric in its approach to technology vs. value creation. Marketing practices follow technology advances rather than lead them

Technology gets most of the attention which explains why businesses have so much difficulty carving out a position that will distinguish themselves from the herd.

Technology can be copied. And it will. It’s easier to push technology than create a unique value proposition that addresses the high priority needs of your customers.

My advice: be mindful and thoughtful when you techno-speak.

Carefully undress your technology to expose the capabilities you need to deliver value to your customers.

And take it further to expose the experiences It can create for your customers.

Focus on these elements of the technology as opposed to the myriad of potential things it can do.

Cheers,
Roy
Check out my BE DiFFERENT or be dead Book Series

  • Posted 10.4.10 at 12:00 pm by Roy Osing
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