Archive for the ‘Perfect Virtual Manager’ Category

A Sticky Brand Is Like a River

Thursday, October 25th, 2007

The Water Goes By, But the River Stays

A brand is a promise.

It’s like a river, we visit to relax; we might not say what brings us back. It could be the view, the quiet, the crystal clear water that moves by slow and deep. Yet we return with an expectation.

We come back to the river because we trust that those qualities we value will be fundamentally the same.

Small changes over time are often enjoyable. The trees may grow, flower, change color. The animals may come and go. The water moves by and slowly changes the terrain. Still we find the beautiful, peaceful place we came to enjoy.

It’s a familiar and consistent experience despite any subtle change.

A sticky brand is like that river.

A sticky brand changes subtly over time yet, the core values stay familiar — that customers trust in the experience goes without saying.

Without that core consistency, not only is a brand not sticky. It’s really not a brand. A brand is a promise we can rely on.

Liz Strauss

Find out more about working with Liz

Simple Is Sticky

Thursday, October 18th, 2007

Which Would You Trust?

You’re about to enter a contract with a new partner. The partner suggests that the contract might work one of two ways.

  1. The prospective partner offers 15% of net receipts, which is defined as all product shipped out of inventory minus amortization of development, cost of samples, and marketing and fulfillment costs — including rental of warehouse space.
  2. The prospective partner offers a flat 10% of retail price on every product that leaves the warehouse, except those given as samples.

The partner shows how the first will yield a higher return to you. Which do you choose?

In my experience when offering authors a publishing contract with a similar choice — a complex metric that will yield a higher return and a simple metric that will yield less — Almost all opt for the simple deal.

Simple is easy.

  • It’s easy to understand.
  • It’s easy to trust.
  • It’s easy to judge its value.
  • It’s easy to explain to others.
  • It’s easy to verify that the promise is being kept.

That’s why simple is sticky. Sticky is simple.

Liz Strauss

Find out more about working with Liz

The ONLY Guaranteed Organic Growth Strategies

Tuesday, October 16th, 2007

Write This Somewhere You’ll Never Forget It

Sometimes the more we talk, the further we get from the right answer.

We can tie ourselves up in details. We end up adding bells and whistles we think are cool — things that no customer ever asked for or ever wanted. Worse, we often do that when what’s the core of our offering is slightly broken. So, without knowing, we advertise that we’re not paying attention to our customers’ needs.

If we look at all variations on ways to attract potential busyers and convert leads into customers, every successful organic growth technique is really based in one of two strategies.

The ONLY Guaranteed Organic Growth Strategies

If you want more customers, you need to do one of two things. Doing both is even better.

  • Give customers more products or services that they want.
  • Give customers more opportunities to buy them.

Make it easy and fun for customers to interact with you, even when a problem arises, and you’ll be golden. Your company will be sticky — customers will be back and will tell their friends.

Whatever you’re doing is either making that happen or getting in the way. Can you tell the difference?

Liz Strauss