From time to time, I come across managers who battle valiantly and unflinchingly to accomplish what appears to be downright impossible. To their credit, these noble individuals manage to notch up occasional successes! I even see entire businesses that owe their existence to the belief that, with enough passion, determination and brute force, miracles can […]
“If only we could get distribution … we’d have it made.” I hear this anxious declaration regularly. Particularly from manufacturers and software vendors. I’ve even heard it from a number of musicians! Manufacturers want representation from agents or retailers. Software vendors want to establish relationships with resellers. And musicians want representation from a record label. […]
Following is the sad story of the entrepreneurial Harry Edgecliffe and his ruthless competitor Spot Pet Foods. Although neither Harry nor Spot exists, their tale provides a number of invaluable lessons for all marketers. Harry Edgecliffe is not a happy man! In recent months, the business he toiled for so many years to build has […]
Now here’s a tough one … What would you do if you were providing a service that appeared to be identical to the service offered by your competitors – in spite of the fact that yours was clearly the superior offering? That was the problem faced by a large commercial cleaning contractor with whom I […]
My friend Jamie Hayes (whose Sydney gym was featured in edition 4 of AdVerb) likes to remind me that people don’t visit fitness centres any more. “The truth is,” he says, “they never did!” Jamie’s point is that, while almost all gyms have been calling themselves ‘fitness centres’ for the last ten years, their customers […]
A message for those business people who insist on competing on price: go ahead! That’s right. If you have a cost advantage, flaunt it. Cut your prices, build marketshare, consolidate that cost advantage and annihilate your competitors. So what’s the catch? Well, to successfully compete on price, you need to be able to manufacture, market […]
So many service providers treat it as a given: that their businesses are fundamentally different from those that sell physical products. On the surface, it seems an innocuous enough assumption. There must be an essential difference between the sales processes of firms that sell physical products and those that sell intangible services. When I’m asked […]
I’m often told by potential clients – in answer to the question, ‘on what basis do you compete for customers?’ – that ‘customer service is our point of difference’. In almost all cases service is NOT a competitive advantage. In fact, this answer is normally a tacit admission of a complete absence of one! Let’s […]
I spent a couple of hours with a Sydney-based insolvency practitioner last week. He visited to request assistance with his marketing. (Yes it’s okay, Ballistix is still solvent!) Because this was my first meeting with a potential client I waited a full 10 minutes before challenging the viability of his business model. Fortunately, my guest’s […]
