Showing posts with label Brand. Show all posts
Showing posts with label Brand. Show all posts

Monday, March 30, 2015

The Importance of Telling a Single Story

Today we have a guest blog from Elizabeth Andreini:

Have you ever heard the Indian fable of the six blind men and the elephant? Each man felt a different part of the elephant and described the elephant based on what they felt. One man who touched its tail thought the elephant was like a rope, the one who touched its trunk thought the elephant was like a tree branch, the man who felt its leg thought it was similar to a pillar, etc. Although there was some truth to what each one said, what they described was incomplete because it couldn’t describe the entire elephant or accurately represent what the elephant could do. Anyone hearing each man’s description wouldn’t be able to get the full understanding of the elephant.

Sometimes companies fall into this same trap with multiple messages and varied value propositions. Different individuals may describe what is offered is a variety of ways, whether based on their experience or their perception of the value offered. While those descriptions may be accurate, the message about the benefits of working with the company and value offered by its products or services is likely to be incomplete or fail to convey the full benefit of what the company offers. Multiple messages and different value propositions also create inconsistent understanding in the marketplace and a weaker story for the company, leaving opportunities for competitors to make a stronger impression with a more complete story told consistently. Potential customers selecting a weaker offering from competitors is one sign that your message may not be strong enough or your story consistently told.

Test the story you share with the market by conducting an internal survey and comparing those messages for consistency – and to ensure the story aligns with what your company wants said. Ask each executive and member of the sales/marketing teams to describe the company’s brand promise, its unique value proposition and a summary of your elevator pitch. Compare what each person says to uncover whether everyone describes the company’s value proposition, brand promise and elevator pitch well and consistently.

Once you have a description of the company’s brand promise, its unique value proposition and a summary of your elevator pitch from multiple sources, ask yourself:
  1. Is everyone in my company consistently and effectively communicating our company’s unique value proposition to prospective clients and current customers?
  2. If we aren’t describing what we offer in the same way, how can I get everyone telling a single story?
  3. Are we clearly differentiating our products and services from our competitors so that potential buyers understand why they should choose us over competitors?
If you are sending multiple or different messages then you should bring everyone together and ensure the story you are sending to the market, customers and prospects is consistent and clearly conveys the advantages of working with you. If you are sending a complete and consistent message that highlights the benefits of working with your company and the value offered by your products and services compared to the competitors, then congratulate yourself! (If you would like an example of a tool you can use for this purpose, email me for a template that I used during a recent presentation to Excell at Elizabeth@accelerate-marketing.com.)

Elizabeth Andreini

As the President of Accelerate Marketing, LLC, Elizabeth Andreini, is the "secret weapon" CEOs turn to at key growth points when they need to transform marketing and product management to grow their customer base, increase revenue & scale their business. 
 In addition to providing experienced executive insight and guidance, Elizabeth often works as an interim CMO or VP to provide the hands-on leadership needed to rearchitect marketing and product management and improve execution from the inside.  

Elizabeth Andreini, founder & president of Accelerate Marketing, LLC Accelerate Marketing, LLC
206-769-3420 or elizabeth@accelerate-marketing.com
www.accelerate-marketing.com
Twitter: @acceler8mkting
LinkedIn: www.linkedin.com/in/elizabethandreini

Monday, May 28, 2012

Managing Social Media: Not Just a Waste of Time - Why It Really Matters for your Brand


Today we have a guest blog from Elizabeth Andreini:

The precipitous rise of social media and its idol worship status in the press has led CEOs and other executives to wonder whether social media really justifies the investment of time and corporate resources to support it. After all who really cares that in the last 30 days the number one topic trending on Twitter was “Happy Easter”?! (Yes, that was the top trending topic as I was writing this blog.)

But what gets lost in all the frenzy about social media is that this is just another means of communication. Social media content is just information and opinions shared online with others, in many cases people they don’t know and have never met. Online opinions and social media statements about your brand probably already exist today. Comments can be made about your company, its products/services and your customer service by current, prospective and former customers, and even employees (and former employees) at any time. This information is your corporate “digital brand tattoo” that influences what everyone believes about you and your products.

The Word of Mouth Marketing Association (www.womma.org) will tell you that consumers’ purchase decisions are driven by:
  • 54% Word of Mouth
  •  47 % information from a Web site
  •  42% email sent by a friend
  •  31% online review

Online reviews can be positive, raving about a great product and brand they love, or negative, blasting poor customer service. Regardless of the perspective, almost half (49%) of Americans believe online “word of mouth” or reviewer information to be highly credible, and are increasingly searching for and using that information when making purchase decisions. While 66% of individuals’ brand-related conversations are “mostly positive,” 8% of individuals’ brand-related conversations are “mostly negative.” Can you afford to ignore this online information and not manage what is being shared about your brand?


Learn what is being said in social media by setting up online alerts for your company and product names to track when they appear. If a negative comment appears step in, fix the problem and placate the negative opinion (potentially getting an updated positive response) or at least do damage control before it spreads and hurts your brand. Then when you are ready expand your efforts across online forums and social media sites such as Facebook, YouTube, LinkedIn, and Yelp among others to proactively engage with your customers. You’ll increase your number of online fans and the word will get out. See you online!



ELIZABETH ANDREINI


As the President of Accelerate Marketing, LLC, Elizabeth Andreini, is the “secret weapon” CEOs turn to at key growth points when they need to transform marketing and product management and grow it to the next level critical for revenue and profitability. In addition to providing experienced executive insight and guidance, Elizabeth often comes in as an interim CMO or VP to provide the hands-on leadership needed to rearchitect marketing and product management and improve execution from the inside.

Elizabeth Andreini, founder & president of Accelerate Marketing, LLC 
Accelerate Marketing, LLC
Twitter: @acceler8mkting

Monday, May 7, 2012

Managing Social Media: Not Just a Waste of Time- Why It Really Matters for your Brand


Today we have a guest blog from Elizabeth Andreini:


But what gets lost in all the frenzy about social media is that this is just another means of communication. Social media content is just information and opinions shared online with others, in many cases people they don’t know and have never met. Online opinions and social media statements about your brand probably already exist today. Comments can be made about your company, its products/services and your customer service by current, prospective and former customers, and even employees (and former employees) at any time. This information is your corporate “digital brand tattoo” that influences what everyone believes about you and your products.
The Word of Mouth Marketing Association (www.womma.org) will tell you that consumers’ purchase decisions are driven by:
  •  54% Word of Mouth
  •  47 % information from a Web site
  •  42% email sent by a friend
  •  31% online review


Online reviews can be positive, raving about a great product and brand they love, or negative, blasting poor customer service. Regardless of the perspective, almost half (49%) of Americans believe online “word of mouth” or reviewer information to be highly credible, and are increasingly searching for and using that information when making purchase decisions. While 66% of individuals’ brand-related conversations are “mostly positive,” 8% of individuals’ brand-related conversations are “mostly negative.” Can you afford to ignore this online information and not manage what is being shared about your brand?

Learn what is being said in social media by setting up online alerts for your company and product names to track when they appear. If a negative comment appears step in, fix the problem and placate the negative opinion (potentially getting an updated positive response) or at least do damage control before it spreads and hurts your brand. Then when you are ready expand your efforts across online forums and social media sites such as Facebook, YouTube, LinkedIn, and Yelp among others to proactively engage with your customers. You’ll increase your number of online fans and the word will get out. See you online!

ELIZABETH ANDREINI

As the President of Accelerate Marketing, LLC, Elizabeth Andreini, is the “secret weapon” CEOs turn to at key growth points when they need to transform marketing and product management and grow it to the next level critical for revenue and profitability. In addition to providing experienced executive insight and guidance, Elizabeth often comes in as an interim CMO or VP to provide the hands-on leadership needed to rearchitect marketing and product management and improve execution from the inside.

Elizabeth Andreini, founder & president of Accelerate Marketing, LLC 
Accelerate Marketing, LLC
Twitter: @acceler8mkting