Monthly Archives: May 2014

Noise Canceling

Posted on by

Market squares have always been noisy places. I don’t care if it is a bazaar in Kabul or an Amazon customer discussion group. Whenever there are buyers and sellers, it gets loud. This is a problem for marketers. Basic communications theory says that there is a transmitter (the marketer), a receiver (the buyer) and noise in between. The more noise there is the less signal (your marketing messages) that get through to the buyer. The internet has made the situation both better and worse. Good marketers can precisely target their buyers in digital media. The problem is so can lousy marketers. Your perfect solution for a buyer’s point problem will not be heard if you are one of a million inbound messages. People aggressively filter, preferring the lost opportunity of hearing your message to the alternative of not hearing everybody’s message. With so many products and services being sold non-stop … Continue reading →

Changing Markets

Posted on by

Start-up CEOs constantly talk about managing growth, but rarely about managing change (growth being only one type of change). It happens a thousand times faster in technology markets. Marketing must monitor markets, and identify changes early on (though the better approach is to keep reinventing the market yourself and driving your competitors nuts in the process). Here are a few things to watch, some of which you likely are not. Competitors and partners Competitors never sleep, and are trying to reinvent themselves, market expectations and the shape of the known universe. Monitoring what they do as well as what they say is important. What they do exposes areas of the market they think are of growing or shrinking importance, and this needs to be folded into your positioning planning. What they say reveals

Continue reading →

Keiretsu Whole Products

Posted on by

An auto insurance company can make you feel loved. A recent event caused me to interact with my insurance company (Geico) to have some minor repair work performed. Geico does many things right, from well architected web site that deliver simple yet effective customer support, to claims agents who are fast and efficient, to non-offensive lizard spokesanimals. One element of their success is delivering a whole product on the ground by forming keiretsus with other companies. In this instance, I arrived at the designated body shop knowing that Geico had set my appointment and arranged for a free rental car. What I discovered is that Geico identifies service providers and helps to manage their cooperation for Geico customers. Body shop are selected to assure great service and quality work and the car rental company (in this case Enterprise) is selected for the same reasons. Enterprise is given a desk at … Continue reading →