Posts Tagged ‘flawed logic’
Thursday, April 15th, 2010
Late last night I was in conference with a potential client in South Africa (I’m in Australia, right now). Towards the end of our conversation, he asked if I thought much market intelligence could be gleaned from customer surveys. I answered (almost instinctively), data, yes; but, intelligence, no. When pressured for a more coherent answer, [...]
Tags: flawed logic, measurement, strategy
Posted in Measures and General Management, Slaying Sacred Cows | 4 Comments »
Tuesday, July 8th, 2008
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 [...]
Tags: competitive advantage, flawed logic, measurement, relationship acquisition, sales process
Posted in Measures and General Management | No Comments »
Tuesday, July 8th, 2008
“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. [...]
Tags: competitive advantage, flawed logic, manufacturers representatives, resellers
Posted in Measures and General Management, Slaying Sacred Cows | No Comments »
Tuesday, July 8th, 2008
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 [...]
Tags: competitive advantage, flawed logic, measurement, promotions, relationship acquisition, sales process
Posted in Generating Opportunities, Measures and General Management | No Comments »
Tuesday, July 8th, 2008
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 [...]
Tags: competitive advantage, flawed logic, measurement, promotions
Posted in Measures and General Management | No Comments »
Monday, July 7th, 2008
You know, I’d hate to be a marketing manager in a typical service-based firm. The problem is, in such a firm, there’s precious little for a marketing manager to manage! Here’s a person with no authority, no direct reports, a tiny budget, and no process to oversee. A person who’s only mandate (to ’get the [...]
Tags: flawed logic, opportunity management, promotions, relationship acquisition
Posted in Applying Sales Process Engineering | 1 Comment »
Monday, July 7th, 2008
I’ve discussed in the past that an assumption that underpins the design and management of most sales processes is that conversion (rate) is the primary driver of sales. The Sales Process Engineering method recognises this assumption as erroneous. In most all sales processes, opportunity flow (volume) is the primary driver, not conversion. It’s quite easy [...]
Tags: flawed logic, measurement, qualification, sales, throughput
Posted in Measures and General Management, Slaying Sacred Cows | No Comments »
Monday, July 7th, 2008
At best ‘brand’ is a useful word. At worst, it’s a dangerously misleading management tool. It’s hard to talk about marketing without using the word brand (or one of its derivations). Believe me, I’ve tried! But in spite of (or, perhaps, because of) its useful nature, the word brand is functionally bankrupt. More often than [...]
Tags: brand equity, flawed logic, promotions
Posted in Slaying Sacred Cows | 2 Comments »
Monday, July 7th, 2008
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 [...]
Tags: competitive advantage, flawed logic, promotions
Posted in Slaying Sacred Cows | No Comments »
Monday, July 7th, 2008
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 [...]
Tags: competitive advantage, flawed logic, promotions
Posted in Slaying Sacred Cows | No Comments »
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