August 13th, 2009
Your employees are one of your best marketing assets–put them to work.
Branding your small company isn’t a matter of harnessing a million dollar advertising budget. Rather, it’s a matter of corporate reputation, in which every positive action that the company makes establishes trust, credibility and support among its customers. Those customers talk to their friends, and those potential customers talk to their friends–all of a sudden–word-of-mouth has created your company’s brand.
Conversely, if your corporate reputation gains momentum on reviews of bad product or poor customer service, you also get a brand–it’s just not the one you want.
So how do you build your corporate reputation? Typical marketing activities certainly play a role, as does the overall strength and quality of the services that you deliver. But you also have another indispensable asset: your own employees. Building a corporate reputation and powerful brand identification in the marketplace begins right at home.
Spread the Message
You might take it for granted each of your employees understands your value proposition. The sales person, the engineer and the front desk person all play an important role in the company’s operations therefore they understand the value of its services. Or do they? If you really ask each of them to give the company’s “elevator pitch,” how similar are their responses? If their responses are substantially different that means that their messages to a prospect or a customer will probably also be different.
Does your team know what differentiates your company from competitors? Do they understand your vision for the future?
This is a crucial challenge; take for example the case of my own company. We recently completed an acquisition of a larger competitor and we’re striving to integrate the two populations in terms of both organizational stucture and culture. I know that the job won’t be done until all employees in the combined company can recite the same mission, vision and value statement, and be able to describe what the company does in the same way.
Having everyone aligned in terms of your company’s message is crucial for building the framework of a solid brand. Your employees interact with customers, talk to their family about work and spread the word among their personal and professional networks. Each and every one of your employees is a brand ambassador.
Feed and Nurture Your Intranet
One of the ways you can ensure that your employees are in sync is to maintain a robust, frequently published and widely used intranet. Important company messages benefit from significant repetition. Having an intranet can be a relatively cost-effective way to keep the company’s message out there and ensure that all employees are working towards the same goals.
The intranet shouldn’t be rigidly controlled. You will want to create and promulgate consistent brand standards, and give the site an inviting, readable feel. But people won’t read the thing unless they have a stake in it.
Consider the ownership employees will feel in the intranet if they have the ability to publish their own branded newsletters, communicate with other departments and contribute to the front page “news” of the company. The intranet will become a destination for them–the first thing they read in the morning–that also means that the intranet will be a trusted source of information.
Show the Human Side
While revenue may be a welcome side effect of an internal referral competition, it also represents an excellent opportunity to humanize the company for your staff. A lot of companies’ value propositions sound like arcane business concepts that have no actual impact on real human beings. The reality is completely opposite. The chances are, your company is one that helps people and businesses succeed–and by extension, the people and families who work with them. You should be constantly communicating that message to your employees.
Otherwise, they your team may view the referral process and brand reputation as a chore. The more clarity they have in regards to how they help the business and consumer community, the more likely they are to become brighter brand beacons. The best brands and referrals are real and heartfelt.
Reap the Rewards
Building an internal brand is important because you have, by default, designated each and every one of your employees to be bearers of your company’s brand. Their actions and perception of your company will directly impact your corporate reputation and brand image.
A positive brand identity leads to loyal customers, strong referral sources and strong internal growth. Bottom line: Take care of your employees and they in turn will take care of your brand.
Burton M. Goldfield currently serves as president and chief executive officer of TriNet, an HR outsourcing company. In this role, Goldfield is responsible for setting TriNet’s overall corporate strategy and directing business operations; he also provides strategic guidance in regards to TriNet’s human capital offerings.
Tags: brand, brand marketing, branding, branding campaign Posted in Articles | Comments Off
July 8th, 2009
Branding is just as important today as it was to ranchers at the turn of the century. Ranchers brand their livestock with burning hot fire-heated tools to identify their cattles. Originally the word brand meant a hot fire burning stick.
Unique identifiers allowed hundreds of cattle to graze freely on grassy fields and meadows. Cowboys could then separate the cattle at round-up time and drive cattle back to their ranches. Because of cattle branding, cattlemen kept their cattle and their livelihood in tact.
Branding is not just about getting your target market selecting your company over your competition, it is about getting your prospects believing that your company is the best solution to provide them with their wants or needs.
Define your branding by stepping away from your role for a minute:
- Who are your customers and what are they looking for?
- Can you clearly define your products or services?
- Are your company’s core value clear and easy to understand?
- Does your company have an identifiable image?
- Do you have a tagline?
- How can you distinguish yourself from the competition?
Revisit your products or services as if they were new to you:
Write down the benefits of your products or services.
How will you position your products or services.
How will you advertise?
Think about brands you love, what is attractive to you?
What incentive is there using a particular service, what is the value of your favorite brands?
Are you duplicating someone else brand? Be sure to investigate the brands of your competitors to steer clear of legal action or confusion.
Branding is a valuable snapshot of your core values and service.
Tags: brand, branding, incentive Posted in Articles | Comments Off
July 5th, 2009
We show how you can start, run and grow your business for, you guessed it, free.
Over the decades–heck, even centuries–philosophers, politicians, tycoons and other leaders have insisted that you can’t get something for nothing: “There’s no such thing as a free ride,” or “Nothing in life is free.” Well-known economist Milton Friedman once said, “There’s no such thing as a free lunch.” Even Entrepreneur columnist Robert Kiyosaki’s rich dad told him the same thing.
But in our evolving Web 2.0 world and with Google leading the way, the rules have changed: You can get something for nothing–and for entrepreneurs, that something can have a significant impact on their businesses. Today, the web is full of free tools to help entrepreneurs start, run and grow their businesses for next to nothing. It’ll just cost you some time and an internet connection.
Gary Vaynerchuk, co-founder of Wine Library, has been taking advantage of free business tools for nearly three years to grow his 11-year-old wine retail business. Using a combination of web-based tools, such as social networking, blogging and video, he’s taken his company to annual sales of $50 million. His success with these tools has even landed him two book deals and regular speaking engagements across the country. “Building brand equity and connecting with your consumers through these social tools has a global impact on your business and your brand,” says Vaynerchuk, 33, who launched Wine Library with his father, Sasha, 65.
Springfield, New Jersey-based Wine Library uses Facebook, MySpace and Twitter to notify its “friends” about daily specials, something it used to do solely through e-mail. Its Facebook presence includes a custom app called Ask Gary, where people can ask questions about wine. And the company keeps a regular video blog, Wine Library TV. “Viral aspects of your message explode once you use these tools,” says Vaynerchuk. “When I think about how much brand equity I have with Wine Library TV and how quickly it happened for [so little cost], the fact that I spent millions of dollars building the brand prior to using these tools makes me want to throw up.”
As Vaynerchuk has found, “customers appreciate the interaction,” says Mike Whaling, president of 30 Lines, a social media marketing company that helps businesses expand their brands’ online reach. “Traditionally, it was one way. It was shouting: brochures, white papers, advertisements. Now it’s much more focused on multimedia and engagement.” And whereas brochures and advertising of days past had a price tag, more and more of today’s tools are free.
But aside from the obvious (duh, it’s free), what does this surge of tools mean for small businesses? “It starts to level the playing field,” says Whaling. “It gives small businesses the opportunity to put themselves out there and really compete with the larger companies.”
“It allows a little guy to look like a big guy,” says Drew McLellan, owner and CEO of McLellan Marketing Group. “It makes a small business look very sophisticated.” For example, an entrepreneur can build a website easily with various blogging and web design options. A company can launch a targeted marketing campaign across numerous social networks. A business owner can manage calendars, clients and projects using different collaborative and project management software. All for free!
Alison Boris and Kathi Chandler, 38 and 31, respectively, have been capitalizing on free tools since nearly the inception of their Los Angeles-based online bag boutique, AllyKatStyle, in 2007. Like Vaynerchuk, they’ve created a MySpace page for their company. They also have profiles on Digg and StumbleUpon, which are community-centric content sharing sites, to drive traffic to allykatstyle.com. Outside of the popular social networking tools, they use QuantCast (embedded in the website) to monitor traffic, frequency, demographics, geographics and more, and Skype is their official business phone. Says Chandler, “They’re great grass-roots tools to drive traffic to the site and provide free advertising through bloggers and word-of-mouth.”
Communication/E-mail
Dimdim: open-source web conferencing application; free basic service
I Want Sandy: keeps track of daily details
Jott: voice-to-text service for creating notes, lists, e-mails and text messages; free basic service
Oovoo: video messaging, chatting and conferencing
Paltalk: group IM, chat and video call application
Plugoo: direct chatting with any blog or site visitor
YouSendIt: send files up to 2GB; free basic service
Storage
Adrive: 50GB of online storage and backup for all file types; free basic service
JZip: data compression utility
Mozy: 2GB of online, data and remote backup solutions; free basic service
Financial
BizEquity: company valuations
Mint: personal finance, money management, budget planning and financial planning software
MyBizHomepage: financial dashboard for small business QuickBooks users
QuickBooks: small-business accounting software; free download (Simple Start 2008)
Wesabe: financial advice, analysis and planning
Content/Media/Video
Audacity: open-source software for cross-platform audio recording
Blip.tv: video blogging, podcasting and video sharing service; free basic service
BlogTalkRadio: radio network for users to host their own shows
DropShots: video hosting and photo sharing
FeedBurner: media distribution services for blogs and RSS feeds
Fix My Movie: video enhancement service; free basic service
Paint.NET: image and photo editing software
Phixr: picture and photo editor
Seesmic: video conversation platform
SlideShare: share and embed slideshows, PowerPoints and PDFs into web pages
VideoSpin: video-editing software
Marketing/Networking/PR
Blogger: blog publishing tool
Craigslist: online classifieds and job postings network
CollectiveX: create social networking and collaboration sites for groups
Entrepreneur Connect: Entrepreneur’s social networking site
LinkedIn: business social networking site
Pligg: open-source, community-centric site for discovering, rating and sharing content
PolicyMap: geographic and demographic information system for creating custom maps, tables and charts; free basic service
YouNoodle: networking for startups and valuation with Startup Predictor
Your Pitch Sucks?: PR pitch reviewing and advising
Office Productivity/Organizational
Adobe Buzzword: collaborative word processor application
CutePDF Writer: PDF creator; free basic service
Dabble DB: create, manage and share online databases; free basic service
Doodle: schedule and coordinate meetings and other appointments
FreshBooks: invoicing, time-tracking and expense service; free basic service
Google Calendar: shareable calendar and schedule organizer
Google Docs: collaborative word processor and spreadsheet applications
OpenOffice.org: open-source office software suite for word processing, spreadsheets and more
Stikkit: organization and reminder system that integrates with productivity applications
SurveyMonkey: create and publish custom online surveys; free basic service
ThinkFree Office: office productivity suite; free basic service
WuFoo: HTML form builder for creating interactive forms; free basic service
Zoho: office, productivity and collaboration applications
Project Management/Collaboration
LogMeIn: remotely support and access digital information; free basic service
ProjectStat.us: project management solution and updates
Project2Manage: collaborative project management solution
Remember the Milk: task management solution and to-do lists
Socialtext: wiki and website collaboration; free basic service
Team Task: collaborative project management and community website builder
Yugma: web meeting and collaboration service
Security
Adeona: open-source laptop tracking and recovery software
BitDefender Online Scanner: virus scanners; free basic service
ZoneAlarm: firewall protection from hackers and threats; free basic service
Web
Google Alerts: e-mail updates based on choice of query or topic
KickApps: platform of applications to integrate social features into a website
Microsoft Office Live Small Business: create a company website, domain and e-mail; free basic service
Synthasite: web hosting and building
Weebly: website and blog creator
Widgetbox: web widgets for various applications
Woopra: web tracking and analysis application; free basic service |
Originally published in the January 2009 issue of Entrepreneur Magazine
Tags: branding, incentive, marketing incentives, rewards Posted in Articles | Comments Off
November 17th, 2008
When I was young, and new to sales and marketing, I heard a story that has stayed with me all my life. It is about a Japanese Martial arts expert who lived long ago. I cannot give a source for the story or tell you if it is fact or urban myth the lesson it teaches for sales, for life, makes it worth telling again.
The story tells of a well respected family in Japan who had always been leaders in martial arts, a samurai family. The eldest son of the new generation was very skilled and very proficient and very sure of his ability. He did things easily and always won when he fought.
Come the day of the national titles he went to fight with full confidence in his skills.
The fight though did not go as expected, he lost, he lost badly, he was humiliated, his family was shamed.
He left the tournament and he left the city. He went to live in the forest, far from people.
When he was alone he came to understand that he needed to put aside his arrogance and begin again to learn his art from the basics. He found the tallest tree in the forest, bowed in respect, and then began to practice his punches and his kicks by hitting the tree.
The result of is work did not show on the tree but it showed in his hands and his feet. In the beginning he suffered terribly.
Day after day, week after week, month after month he practiced kicking and punching the tree and lived by foraging in the forest.
The tree showed a little flattening of the bark but the change was not in the tree, the change was in the hands and the feet that struck it. Raw knuckles hardened, calluses formed, muscle and bone toughened, technique improved till the warrior could strike the unyielding tree with strength and with power, again and again and again.
Finally the tree started to yield, the bark began to chip away from the pounding and, day after day, the training continued.
Eventually, as the months passed, the tree had been ring-barked and it died.
When the last leaf fell from the tree the young man knelt and honored the tree and left the forest to return to the city.
He trained for a time with other fighters to get the rhythms of sparing and he enrolled to fight in the national titles.
Not only did he destroy any fighter who stood before him on the day, he never lost another fight in his life.
Interesting story but what does it mean to us?
It means that we need more than natural ability to be the best we can be.
In many ways we are warriors ourselves when we go out to work. We are not fighting with our fists but using all our skills and abilities to achieve outcomes for our businesses and for our families.
Sometimes we have core activities that are part of our jobs and that just have to be done.
Sometimes there are two outcomes, we do the job but we also learn skills that we need; consistent work habits, handling rejection, earning to listen, building word and language skills so people understand us clearly.
We need to be mature in our manner and methods and that only comes from the experience.
Some things you just need to do over, and over, and over, and over.
So take this little story and stick it in the back of your mind. When you have a job that is long, and hard, and that seems thankless, then stop and look closer at it. See if it is going to make you stronger and more capable.
Is this work actually “punching the tree” for your profession and your life?
It is bringing change in you and who you are?
Is doing such work with strength and consistency going to make you a warrior yourself, strong, experienced and confident in your own life?
Tags: branding, co-marketing, co-marketing opportunities, increase sales, rewards Posted in Articles | Comments Off
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