To many companies, the small and medium business (SMB) market represents the golden vein of market opportunity. Compared to the Fortune 1000 with--that's right, still 1000 companies--SMB is a huge market with 8 million traditional businesses (plus another 32.5 million home-based businesses). The market is so big and seemingly inviting that the long string of previous failures just adds to the appeal. With so many big software and hardware companies targeting the SMB market, including some of our clients, this is a great time to take a look at some of the popular myths surrounding it.
Always About Engagement
We all want to be new school and know that the latest top hit song (via iTunes) is a song called SOS by Jonas Brothers. I had to look that up. Because what I pay attention to the most are things I already love. While I'd like to be super hip, the songs that run through my head are more like "The Way We Were" if I'm feeling melancholy, "Sweet Home Alabama" if I feel good, or Madonna's "Like a Virgin" if I feel, ya know, sassy. What does this have to do with marketing, you ask?
Aptitude vs. Attitude: HP Knows it Takes Consistency
HP watchers have been on quite a ride over the past few years. It's been full of thrills, change, some major bumps, and, finally, a financial performance that has shareholders applauding. How did they get to this point? There are many explanations, but I like the contribution that consistent product messaging has made to their new situation.
Happy Labor Day Weekend
Putty!
Involved vs. Committed
There's a difference between being involved and being committed. To be an athlete you must be committed.
Where to Look When Performance Breaks Down
When it comes to improving performance, most organizations' problems can be traced to their inability to think and talk together at critical moments.
A friend sent this to me today
By letting go It all gets done. The world is won By those who let it go. But when you try and try, The world is beyond winning.
Standing Apart: How a Blender Creates Affinity
The central goal of online marketing isn't awareness, it's engagement. And the five key tools to produce engagement are affinity, personality, community, co-creation, and advocacy. Engagement at the broadest level is getting the customer involved with your company, with your products and often, with your people. You want your customers to get to know your organization, its values and services. When customers like what they see and experience, the relationship deepens and it leads to affinity. Thus what was once a distant relationship becomes personal. Another way to same thing perhaps is to say that "Personality replaces traditional brand marketing"
The Buying Experience: Part of the Brand
When some people thing of "brand" they might think of the stuff that the PR team or the corporate marketing team does to create a tag line or the pretty slicks of stuff to "position" the company. But a brand is (and I know you readers have heard me say this before so my apologies for being redudant!) more than the fluff. It is the ultimate integration of everything a company does. It is the packaging because the ease, simplicity, etc of "getting the product" is part of the experience.
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