All posts by ACW

Be what’s unique about your brand

No one else can be you.

I think this is one of the best things about being in business, especially small business – you, the person, are so important and relevant when you are thinking about what’s unique about your business.

Defining something truly unique and special about your business is not always easy; but when you are the designer, the marketer, the architect, the health coach – you are a big part of this uniqueness.  Your style, your personality, your language, your body, your attitude, your gift, your looks, your love, your passion – the list is almost endless!

So, if you are having trouble defining something seriously special about your brand, you should take a good look at yourself too, and talk about what’s unique right there.

Because after all, they broke the mould when they made you didn’t they?

Stop. Collaborate. And listen.

 

Wherever you are in life think about how you can collaborate with someone to achieve greater things than you would otherwise be able to achieve on your own.

Lets talk about marketing specifically to show you what I mean. Whether you work in a big corporate with hundreds of marketing people responsible for a variety of things, or you are the sole marketing person in a smaller business, or even if you are a solo operator responsible for your own marketing. If you can open your mind up to the power of working with others as opposed to in a silo or on your own you are opening yourself up to greater success.

Some big organisations create a fight to death style culture when it comes to claiming your turf in the millions of dollars worth of media, where every last inch of space is going to have a direct impact on the bottom line.  Imagine if these people were encouraged to go through the process collaboratively from the beginning? Let’s sit around the table and focus on the overall long term objectives of the business first.  Then, lets look at how we can achieve those objectives in the most effective way.  Then, lets map out the media plan and make sure we capture the needs of each area, but remaining focused on the big picture.  Then these great minds that are becoming stifled would be allowed to contribute to the greater good of the business – everyone wins here.  Not only some.

Then at the other end of the scale, imagine you are a work at home mum, and you are working your butt off to build your business.  The only thing is, you don’t really want to be too open about it because what if someone copies your idea? So you do what you can to let your customers know about it, but you are still reluctant to talk about your biz with peers, industry experts, other mums because you are scared of what might happen.  Imagine the collaborative approach of reaching out to like minded people, complimentary services and products, even people who offer the same product or service as you.  In this scenario you will have valuable discussions that enhance your business, you will build meaningful relationships and you will be closer to your dream much faster than if you continue to try and slog it out on your own.

It doesn’t have to be like that.  The world is full of good people who genuinely want to help you.  And there are many people out there who you could also help on their business journey.  And you will even make some great friends along the way.

That’s has to be the better option doesn’t it?

What strategic relationships can you start to foster out there in your working world? I would love to hear about them – let me know.

Thanks for reading lovelies.

Kate xo

Sticks and stones may break my bones…

 

…but names will never hurt me.

Really? I think words are far more powerful than this. Have you ever been hurt by words? Stung by words? Motivated by words? Inspired by words? Moved by words? Loved by words?

I have, and I’m happy about it.   The power of words cannot be underestimated.  This is the beauty of human beings, our words, our powerful way of communicating with each other that evokes true feelings in another.

Byron quote about words.

How fantastic that as marketers of our own businesses we have the luxury of words to tell our story to our people.  As communications experts words are out tool to work with to capture the minds and hearts of our audience in a cluttered and sometimes very loud marketplace.

I could fill this page with words, about words, but I don’t think I need to.  I think I have probably said enough about these magical little gifts we have.

Right now I am so inspired by words and what they can do because I have just had an awesome session about my own ‘words’.  Time spend focusing on a more meaningful tagline, a more enticing name for my ecourse and an inspiring name for my 90 minute power strategy sessions.  With the amazingly talented Victoria PM.  All will be revealed.

Critical Success Factors – what the?

Why do marketing people insist on coming up with these terms and acronym?!  Seriously is it really necessary?  First the SWOT and now the CSFs…

Critical Success Factors sounds like a medical treatment plan – things cant be that serious surely 🙂 In fact CSFs, the abbreviation, sounds more like a disease!

Please keep reading though because I think this is really important for any business not just the big ones.  This is definitely a term you would find in a very traditional marketing or business plan in the corporate world, but it is one that I think is really important – critical in fact – for a business of any size.  Simple, the CSFs are those internal factors that you identify in your business that that are your must haves or non-negotiables in order for your business to work.

When you do a SWOT analysis you will be able to identify what your CSFs are.  For those of you who don’t know, SWOT stands for Strengths, Weaknesses, Opportunities, Threats – it is a good simple tool to use to create a situation analysis of internal and external factors surrounding your business.

So, your internal environment, your strengths & weaknesses, includes things such as, your people, your operations, your financial situation, your marketing – all the internal factors of the business.
And, your external environment, your opportunities & threats, includes the market you are operating in (your macro environment) – economic, political landscape, natural occurrences, demographics, technology
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the industry you are operation in (your micro environment) – competitors, customers, suppliers, distribution channels and anything else relevant to your business specifically.

The best way is to show you an example, this one is from my Online Hub course and it is nice and simple.

Let’s think about an Interior Designer.  Here is her SWOT:

Strengths
  • She is a very talented designer
  • She has highly developed communication skills
  • The loves working with her clients
  • She is able to foster collaborative relationships with suppliers
  • She is able to work across a diverse range of interiors – residential & commercial
Weaknesses
  • She is not great at selling herself
  • She is getting a lot of work through builders
  • She is not great at paperwork – book keeping, invoicing – it gets on top of her
Opportunities
  • The second round of the GFC has impacted real estate here & as a result many people are renovating instead of buying & selling
  • as the building & construction industry flounder in some sectors there are more contract & consulting opportunities as businesses avoid permanent staff increases
  • As buyers grow more confident online this area becomes more of an option for distribution in this industry
Threats
  • GFC round 2 has affected consumer confidence dramatically with people becoming very cautious about spending with uncertainty about the future
  • The online direct to consumer model is growing and in some ways could affect the pricing structure for this industry with growing competition
From your SWOT you will be able to identify your CSFs – remembering these are the absolute key things you must achieve in your business in order to achieve success
So, for our interior designer, her critical success factors are:
  1. She needs to develop the capability in her business to leverage off the growth of online in this industry – get online!
  2. Improve her bookkeeping capabilities – either herself or employ someone to do it for her, she doesn’t need this to take away from time that could be spent on actual design work AND she also needs to be on top of her revenue streams to ensure her effort priorities are right
  3. She needs to improve her marketing efforts for the business – again either on her own or get a consultant to do this for her
The CSFs are must haves, non-negotiables, if she doesn’t get it right she will start to struggle – CRITICAL success factors.
Tell me what do you think your CSFs are for your business? Or if this doesn’t make sense email me and we can talk about it.  I’d love to hear from you.
Thanks for reading!
Kate

Are you listening?

Not just to me bang on about marketing & business!

I mean are you actively listening?  With all the energy it takes to give the person talking your utmost attention? Acknowledging that you have heard what they are saying in some way that makes them feel your genuine attention?

Are you someone who interrupts? Do you spend the time another person is talking putting your next sentence together – cant wait for them to finish because you have got something to say?

I’m really passionate about this for two reasons.  Firstly, because I actually discovered after the age of 30 – seriously – that I was not always practicing ‘active listening’.  Although I do naturally love to listen to people, and I think people must sense this because I am definitely one of those people who others open their hearts and minds to – with or without an invitation!  I have to admit I did sometimes formulate my opinions while someone was talking and just wait for them to finish so I could speak, and not really hear much of what they had said.  How much had I missed out on by then?!

Secondly, because I am astounded by how many people I know in both my business and personal life who have no idea what it means to really listen to someone.  Their own words are just more important than others, they don’t hear what you are saying, even when you are sitting across the table from them and you are the only person in the room.

If you practice active listening you are being a better person, it will benefit you and the people you talk to.  You will grow from this experience.  Don’t ever interrupt. Don’t be so distracted that you cant even remember what they are saying.

To get a bit formal, just to be sure you know what I am talking about, Wikipedia describes Active Listening as:

“…a communication technique that requires the listener to feed back what they hear to the speaker, by way of re-stating or paraphrasing what they have heard in their own words, to confirm what they have heard and moreover, to confirm the understanding of both parties.

When interacting, people often “wait to speak” rather than listening attentively. They might also be distracted. Active listening is a structured way of listening and responding to others, focusing attention on the “function” of communicating objectively as opposed to focusing on “forms”, passive expression or subjectivity.”

Why is this important for me to write about on my marketing blog?

Because listening in an incredibly important skill that you need to develop for your business.  On so many levels.

If you are not listening to what people are saying about you, your brand, your product, or your service then how much are you missing out on?  How much more could you give you clients or your customers?  what kid of super special offers could you provide that would delight your ideal customer?  Could you be charging more than you are? Could you improve what you do?  The list, of course, is endless.

I just want you to think about practicing active listening as often as possible, consciously deciding to particpate more in your conversations, and see how different the experience is.  For you and your friends, colleagues, clients, family – everyone deserves this kind of attention after all don’t they?

Do you already do this? Do you not? I’d love to hear from you – and I will listen.

Thanks for reading lovelies.

I appreciate it,

Kate

Why it’s so important to have a vision for your business

With a marketing background my default position when thinking about business is to understand what the vision is.

Where do you want to be in 3-5 years time? What is your why? Where is your journey going to take you?

I’m not talking about your marketing communications calendar for the next 12 months.  I still find it interesting that when you ask people what their vision is for their business they find it so difficult to think about the big picture vision and start to talk about how many blog posts they are going to write, what social media they are going to focus on, the press release they are going to write, something about the website. The list goes on.  Of course these are all critical pieces of information and important for planning a 12 month marketing & advertising plan, so its good to talk about them.  But lets never lose sight of your vision.

I’ve said before the sometimes conflicting short term and long term goals are a challenge many business owners are faced with every day.  I need to move some stock so I’m going to drop the price on this product and get it out of here, we need to maintain market share and that means more volume and lower prices.  To make this work we are going to have to focus all our marketing spend on promoting these lower prices.  This goes on for months and sometimes years.  And in tough times its even more prominent. Forget about those brand ad’s, forget about our brand proposition, just make sure we don’t lose market share.  Forget about our value proposition, about what makes us unique.  Surely people know by now, we don’t need to keep talking about it.

Wrong.

Whether you are an entrepreneur or micro-business owner where it’s only you and you have a shoestring marketing budget, or you are one of the biggest retailers in the land, your long term vision needs to remain the driving force, your brand should always be considered.  Neglect your brand at your peril.  Lose sight of your vision and you will wake up one morning totally confused about why you are even doing what you are.

If my vision is to help people achieve their business dreams by sharing what I know in the most authentic way possible, while providing an abundant and flexible life for my family, then I know how to approach every client, every day, every challenge, every doubter and every opportunity.  Of course I know that I have to pay the mortgage, but does that mean I have to compromise on what my vision for my business is? No.  Sure there are things we need to do to put food on the table, and I totally subscribe to that, but my decisions about my business are informed by my vision, not by desperation.  I tackle the balance between short & long term goals with an open mind and belief in the vision that I have.  And I make sure that even when I have challenges that insist I focus on the short term in my responses, I never lose sight of my vision.  And whatever I do to satisfy that short term will never compromise or confuse my long term vision in my mind or in the minds of those that matter to my business.

Why is it so important to have this long term vision? If you don’t you’ll be running your business without a compass or without any reality checks in place.

It’d be like trying to kick a goal with no goal posts.  Imagine that?

Thats just too hard and too confusing.

Do you have a clear vision for your business? Share it with me right here in the comments if you want to – and I might even hold you accountable to it 😉

Thanks for for taking a moment to read – I appreciate it.

Kate xo

Happy New Year! Marketing off to a flying start for 2013?

You spent the last couple of months of 2012 focusing on your business and marketing planning.  You had it all sorted before you wrapped things up on Christmas Eve, and then went and spent a couple of weeks in the summer sun, or the winter ski-ing, depending where you live.  You were so organised that you totally wound down you forgot about work altogether.  You felt completely in control and knew that when you got back to your business you were going to be in the best place possible.  Does this sound like you?

Big smile – this wasn’t me either!  As you can probably tell by the fact that I am writing my first post for 2013 on Feb 3 AND giving it the title Happy New Year. I have given myself permission not to get all stressed about this.  I have lots of change going on in my life and I am ok with where I am right now.  But you know what I will get it done.

I have spent January focusing on completing The Desire Map by Danielle La Porte and it has been magical. In fact it has been critical to me getting my head around everything I have to do in my life and business to be sure I am in the right place for 2013.  My desired feelings will be the driving force behind everything I do this year so I knew it was so important that I did this before anything.  If you think this sounds like something that could steer you in the right direction right now check it out here. (This is my affiliate link, just so you know.)

Actually, I’m so happy with it I want to share with you my Core Desired Feelings for 2013.  Why not? I want to be as authentic as I can be in my business, and if you know whats driving me maybe it will give you some idea of how I might be able to help you.

core desired feelings 2013

And I plan on kicking some serious goals this year.  Never in my life have I been more appreciative of the fact that I need to work my arse off to achieve what I want to and maintain my laser focus. Pity I haven’t been more appreciative of this at others times actually now that I think about it!

So, don’t be deterred by the fact that you haven’t implemented some super clever strategy from Jan 2 – there is more than enough time to get the year off to a flying start.  Just make sure you start.  If the whole idea of planning for your business for the year is just simply too much then take some time to think about why.  Is it because you weren’t happy with the way things went last year and you are nervous about making the same mistakes? Are you still exhausted and recovering from 2012?   Have you lost some focus or drive? All of these things can be overcome, talk to the right people, give yourself the time you need, don’t pressure yourself to the point where you are frozen on the spot doing nothing at all.  Take some deep breaths, go for a run, do a yoga class, have a glass of Pinot – whatever it is you need to get yourself in the right head space for your planning just do it.

I actually got this advice from an awesome chick in a fab group of female entrepreneurs I belong to last year, it was so simple and to the point and SO what I needed to hear when pondering how to actually get a project off the ground she simply said to me “Kate maybe the answer is to just do it?”  Damn straight it was.  Could this be the answer for you too for 2013?

Thanks for taking the time to read this.

Kate xo

What is my why?

I’ve been inspired by someone I think is awesome, also named Kate*, to write something here that is a bit more personal.  I think it’s a good thing to share with you something about me that is still very relevant to my business, so here goes!

About 10 years ago I had a bit of a moment in time where I was thinking to myself what I do is sooo not helping the world – or anyone in it!  At the time I was the Marketing Manager for a retail chain in Australia, I worked with great people, I looked up to my boss, I loved the brand.  But I was becoming increasingly conscious of the fact that what I did was not contributing to the overall well-being of any individual or group of people.  In fact, what I did was really just to make people spend money on something they potentially didn’t really need in the first place!

So I started to investigate what I could do that would change all this.  I’d leave marketing and become something else, a family lawyer protecting the innocent victims of divorce, or go and work in a not for profit a sacrifice my salary for the good of it all, something like that? It didn’t take me long to realise that I had set myself up to be pretty reliant on the salary I was earning and that I couldn’t really go and work for peanuts, I was single and supporting myself and I had to be realistic.

Jump forward a couple of years and this was still on my mind.  What else could I do? By this stage earning more money in an industry some might not have a lot of time for, I felt more strongly about it.  So I started to look more closely at it.  I would become a psychologist.  That way I could save lives, save marriages and improve the quality of peoples lives, help them get happy.  Same thing reared its ugly head, was I going to study for 8 years part-time to do this, because at the time this was my only option.  No, I wasn’t.

I decided to do an MBA instead.  This way I could live my dream of one day becoming a consultant after I had children to give me the flexibility I needed to be with them the way I wanted to be.  I went ahead and finished my MBA.  Perfect timing about 6 months before my twins were born.  After 12 months off I went back to the corporate world.  What was I doing? I’m supposed to be starting a consultancy, why am I here?  Then my third precious gift arrived, and to say I have been busy is an understatement.  I needed some serious motivation to get off my arse and seriously focus on starting my consulting business.

It wasn’t until I finally sat down and started the process (you know that marketing planning process i teach people to do but put off doing myself?!) of really working out what was going to be special and unique about me, in comparison to the many other marketing consultants rocking this world, that the penny finally dropped.  I had such a massive a-ha moment that it seriously lifted me up so high and got me so damn motivated I have not looked back.

My why, the reason I want to do this, is because I want to be able to help people achieve their dreams.  This is what I can do – how good is this? How lucky am I to be able to genuinely help people do what they want to do?  This is my gift, this is why I have taken the path I have now and gathered all that experience and all that education in my little bag as I have been running along my path – it is so I can help people in the best way possible. With a mix of caring, knowledge, experience and maybe even some tough love – the best way I know how.

So, that is my why.  And I am over the moon to now be in this place, that I seriously started to think about all those years ago, where I can help people’s worlds become a better place by helping them achieve their dreams.

Thanks for reading this super personal download.

Love,

Kate xo

*the gorgeous Kate who inspired this post has a brilliant Blog with some fantastic interviews you should check out called Betty Means Business

How do I stop discounting?

How do I stop discounting? How can I compete on something other than price?

I’d be a very wealthy person if I could give you the answer to this in the current retail climate! But i have been asked this question a bit lately and I wanted to write about it here.

My answer to this is to take it back to basics with your marketing, ask yourself these questions:

  1. why does your business exist?
  2. what is your brand proposition?
  3. do you have a unique value proposition that genuinely resonates with your customers?
  4. is everyone involved in your brand a guardian, a protector, a promotor?
  5. do you have a really clear idea in your head of who your ideal customer is?
  6. are you building meaningful, one on one, relationships with our customers?
  7. Is your customer service really good?
  8. what can you do that is over and above what your competitors do that will make people want to come to you?
  9. how can you surprise them and make them go “wow that is amazing they did that for me I didn’t expect that, I’ll be going back to them”?
  10. how can you give your customers more – more service, more care, more follow up, more understanding – whatever is relevant to your business.
  11. what can you do that your direct competitors don’t already do?
  12. what do you offer that no-one else does?
  13. Its up to you to think about how you can offer them real value without dropping your price and losing margin.  Remember value is about perception and relevant to each individual AND  it is not about being the cheapest.

    Have confidence in your product or your service.

    It’s a viscous cycle to get in I know I’ve been in the thick of it before with brands I’ve worked with. All of this may sound a bit idealistic I understand that. And of course this all has to be balanced with the bottom line and any extra costs. But try to weigh all that up with the long terms benefits for your business and focus on the big picture.

    I also really believe even when you are discounting, as is sometimes appropriate, you should portray your brand appropriately and always protect what that brand stands for and why your business exists.

    Just taking the time to stop and think about all of this can sometimes be the trigger to lift you out of the spiral of discounting, losing margin, grappling for higher volume, discounting, etc., etc…

    I encourage you to take action now, think about what you can offer that doesn’t involved discounting, and see what the results are.

    Thank you for taking the time to read this.

    Kate

Customer touchpoints – what on earth are they?

This is actually a bit of a favourite topic of mine.  I think many businesses don’t really understand a how often their brand touches a customer, and how critical it is that their brand is represented consistently every time.

So what on earth are customer touchpoints anyway?!

I actually think this term is perfect as it really helps you to think about your brand.  It’s refers to any point where a person is “touched” by your brand.

So, its not just where they see your advertising or your logo, its anywhere they experience your brand – when they see / touch / smell / hear your product or service – when they see it on facebook, or hear a friend talking about it, read about it in the paper, see it on someone walking down the street, walk past your shop, see you online in your store or on your blog, see your pinterest page, see you in a magazine, try it on, the list goes on.

And lets not forget about the people that are your brand – every single person that represents your brand in the consumers mind must represent the values your brand espouses to possess.  Sales staff, Customer Service staff, your CEO, your media spokesperson, the delivery person, any personalities that endorse your brand, your social media gurus – YOU!  These people are you brand guardians.

All of these are opportunities to make a positive impression on your ideal customer, so many places, and the reason it is so important to clearly define your brand and make sure you communicate this to all stakeholders.

A great way of exploring this is to look at a day in the life of your ideal customer.  Have a little brainstorm and think about all the places they might experience your brand.  When they get up in the morning, listening to the radio, dropping their children at school, on the train, at the gym, on their favourite blog, on Facebook. will their friends be fans already? Think about everywhere they could possibly be touched by your brand, and then think about what you can do to make sure that gives them the most positive experience at all these touchpoints.

Thank you for taking the time to read this.

Kate