Posts Tagged ‘flawed logic’

Is customer service overrated?

Wednesday, July 30th, 2008

I’m sure you’ve attended one of those seminars where a self-proclaimed expert wows the audience with his or her tales of ‘awesome customer service’.

Have you ever wondered whether the long-term success of a business really does rest in the hands of grinning bellhops, airline stewards who forward-guess your every need, and receptionists who answer telephones […]

Go ahead. Compete on price!

Wednesday, July 30th, 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 and distribute your […]

On pushing string uphill

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 […]

Why resellers don’t sell, and why you should be glad they don’t!

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.
But in each […]

How Harry Edgecliffe’s success killed his thriving pet food business … and how you can avoid his strategic marketing blunders.

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 […]