Brain-Trust Marketing

Maybe the term brain-trust or think tank marketing is new to you so here’s how I define it and how you can use it to your advantage. We’ve all heard the saying that “two heads are better than one”. Brain-trust and think tank marketing put this principle into action. If you want to really understand what’s happening in your community and become a vital part of its fabric you have to connect and become immersed in it. You need to expand the crowd you associate with and tap into the brainpower they possess.

Here are some ideas for gathering the crowd and brains to begin discovering ways to strongly integrate your business and mission with your community.

1. Secure a central location for your meeting: someone’s office, a room at a restaurant, a conference room at a local bank – anywhere that you can comfortably meet at for a few hours in privacy. Don’t forget, everyone appreciates a little food and sometimes it’s a great hook to get the group to show up.
2. Identify members who will bring insight and ideas on how to connect with your community in a stronger way. Here’s a short list to get your started:

  • Community outreach leaders: Crisis pregnancy centers, rescue missions, Teen Challenge and other similar life issue ministry groups.
  • Other local business owners and managers – think of businesses that can compliment what you do or that you could potentially partner with that would be of equal benefit. These could include restaurants (food and refreshments for events), print shops (flyers, business cards, brochures), hobby and craft stores – continue to think of other business leaders that can bring a different perspective to what you are doing.
  • Media:  radio and television personalities, newspaper journalists, local bloggers and social media influencers.
  • Your customers! Our businesses exist to serve our customers so inviting them to be part of a group that will help you connect and serve even more customers needs to be part of the mix of the group.

3. Spread the word and begin to gather!
You’ve identified a venue for your group to gather. You have spread the word. You have a group who is ready to start lending their brain-power to you. Now it’s time to put together the agenda for your meeting. Here is a simple outline to get you started:

  • Introductions (name, company, their responsibilities and expertise) from those attending the group
  • Share your goals for the group and how everyone attending can benefit
  • Ask questions and open the floor to begin to let the ideas and insight begin to flow. Sample questions:
  1. What are the biggest challenges our community is facing?
  2. What products and/or services do we offer that can help with those challenges?
  3. Are there products and/or services that we don’t currently offer, but could, that would make a difference?
  4. How can we (the people in the group) work together to create events or outreaches that will have a positive impact on our businesses and our community?
  5. Is there a local outreach organization like a rescue mission or soup kitchen that all of us could use as a focus point for generating awareness and support? Maybe a new organization could be identified and supported each year.

Set realistic expectations for this group. Understand that this is a beginning and a building process. Overnight success will probably take over several months and years. But the success will be solid and on-going.
Obviously the main goal of this group is to generate ideas that will increase sales and extend the mission of your business. But the ideas that are implemented as a result of this group will also produce: positive word of mouth, customer loyalty and long-term goodwill.

Have you created or been a part of a group like this?

Immediate Impact for Customer Relationships

Are you looking for a powerful way to differentiate your store from others? Identify and begin to build strong ongoing relationships. Think about this – when was the last time the manager of the local big box store you shopped at gave you a phone call to personally tell you thank you. I’m going to go out on a limb and say – never – I’ve never had one call me.

Action Items for Immediate Impact:

  1. In the next seven days create your list of 20-50 people and call them.
  2. If you don’t get a hold of the 20-50 people on the phone send a handwritten note not email. Believe it or not handwritten notes get noticed and go a long way.
  3. Identify two to three influential organizations or media outlets in your area to begin building a relationship with.

Begin today – start now – you have the ability and agility to out maneuver and out serve the “big boys”.

How are you building relationships with your most important customers?

Serve Others First

When you approach others with the attitude of how you can help them and serve them FIRST the rewards are outstanding. As a retail manager I reached out to the radio announcers and managers of local Christian and non-Christian radio stations who had an affinity with my retail store. My initial contact was not about selling them something but it was to learn more about their outreach and how my store could support them. Each one I talked too was more than happy to let me know how I could help. Eventually I became part of an advisory board for the largest Christian radio station in Michigan. These relationships led to countless in-store radio remote events and on-air promotion of my stores. In most cases the relationship building started several years before there was any benefit to my retail store. My approach with Christian television and newspaper writers was the same. How could I help them, what could I provide that would add value to what they were hoping to achieve.

We also partnered with a local Youth For Christ chapter and provided them with office space, at no charge, in our retail store. Again, this was a relationship that began from the starting point of how could we, as a retail store; help them achieve their mission of reaching the youth of our community. As time went on, this relationship provided us with the opportunity to be involved in concerts and events that put us in front of thousands of people each year at little to no cost.

YouTube Stories

Have you tried this? How could you use it for your business or personal brand?

Everyday Relationship Management

This practice of deliberate relationship management isn’t about false sincerity, people can spot that a mile away, it’s about connecting with the people who support you and have linked up with you and your business. So, make it a priority to CALL, NOT EMAIL 20 to 50 people in the next five days. After this pick a time at the end or beginning of the year and begin a tradition of connecting with those very important people in your business. Thank them for their support and let them know how much your appreciate them and that you are looking forward to strengthening your relationship with them in the coming year.

As a manager of a couple of different Christian retail stores I took a similar approach as Tom Peters. I focused on pastors, Christian and non Christian radio stations, Para-church ministry’s, newspapers and Christian television stations. I would set aside time each month, one or two days to call and connect with the pastor’s who regularly shopped in my store. I wasn’t calling to sell them anything, just calling to ask them how THEY were doing how were things at their church and if there was anything I could do for them. In addition to calling them I would make it a point to attend seminars, conferences, concerts and other special events at these same pastor’s churches throughout the year, I wanted them to know I supported them and was there for them.

Your USP

In an unforgiving economy you can’t afford to blend in and become just another retailer, you must stand out and be noticed.  If there was ever a time to define your USP (unique selling position) now is the time. You aren’t just selling any product, you are providing solutions to life’s needs and questions.

I was recently reminded of the following statements. People don’t want to be sold too. People don’t buy “things”; they buy a result, solution or benefit. People don’t buy products, services, companies, or people – they buy beliefs and perceptions backed up by evidence.

So, how do you begin to communicate your USP of providing solutions to life’s questions to your customers and community? Where and how do your customers see and hear you?

How do your customers see you?

Establishing Trust (part 2)

I’m currently working my way through Tom Peters’ new book The Little Big Things – 163 Ways to Pursue Excellence. His 36th “little thing” caught my attention and struck a real chord with me as I thought about this month’s column. It also caused me to reflect on a similar thing I would do when I was managing different retail stores.

Peters calls it committing “Acts of Deliberate Relationship Enhancement”. The discipline began after Peters read an interview with former Treasury secretary Hank Paulson. Before becoming the Treasury secretary Paulson was the boss at Goldman Sachs. During the first week of each New Year he would call 60 CEO’s to wish them Happy New Year. Tom Peters had a brief stint at the White House in the mid 70’s. One New Year’s Eve he spent eight or nine hours on the phone, calling 100 people he had worked with – in agencies all over Washington and embassies around the world – to thank them for their help the prior year. He readily admits that he was purposely engaging in an Act of Deliberate Relationship Enhancement.

This practice isn’t about false sincerity, people can spot that a mile away, it’s about connecting with the people who support you and have linked up with you and your business. So, make it a priority to CALL, NOT EMAIL 20 to 50 people in the next five days. After this pick a time at the end or beginning of the year and begin a tradition of connecting with those very important people in your business. Thank them for their support and let them know how much your appreciate them and that you are looking forward to strengthening your relationship with them in the coming year.

Establishing Trust (part 1)

Marketing happens 24/7. It happens any time and any where our companies touch our customers or our prospective customers.

Dictionary.com defines marketing as: the total of activities involved in the transfer of goods from the producer or seller to the consumer or buyer, including advertising, shipping, storing, and selling.

Investopedi.com offers the following commentary – marketing is everything a company does to acquire customers and maintain a relationship with them. Even the small tasks like writing thank-you letters, playing golf with a prospective client, returning calls promptly and meeting with a past client for coffee can be thought of as marketing. The ultimate goal of marketing is to match a company’s products and services to the people who need and want them, thereby ensure profitability

According to the 2010 Edelman Trust Barometer http://www.scribd.com/full/26268655?access_key=key-1ovbgbpawooot3hnsz3u trust and transparency are as important to corporate reputation as the quality of products and services. In the U.S. and in much of Western Europe, these two attributes rank higher than product quality – and far out-rank financial returns, which sit at or near the bottom of 10 criteria in all regions.

If we want our marketing messages heard, if we want to tell our story and we want people to listen then trust must be established.

15 Point Checklist for Ads – Part 1

Unfortunately I don’t remember where I came across this great checklist for ads. If I do locate the origin I will make sure to post the link. Obviously there are more than 15 “points” for making sure the ad you are creating is effective but I thought this list was a great reminder and one I have posted on the board above my desk. So, here are the first 7 Points

1. Does it follow the “5 Second Rule”?

2. Does the headline make them read the rest of the ad?

3. Does it have an interest-arousing sub-head?

4. Make sure the first line of the body copy doesn’t sell anything, either.

5. Is your offer clear?

6. Does you ad make them want to buy your product?

7. Does it make the reader want to rush to the phone or go online to place an order or ask for more information?

Look for Part 2 tomorrow.

Marketing – Story – Trust

Marketing happens 24/7. It happens any time and any where our companies touch our customers or our prospective customers.

According to the 2010 Edelman Trust Barometer http://www.scribd.com/full/26268655?access_key=key-1ovbgbpawooot3hnsz3u trust and transparency are as important to corporate reputation as the quality of products and services. In the U.S. and in much of Western Europe, these two attributes rank higher than product quality – and far out-rank financial returns, which sit at or near the bottom of 10 criteria in all regions.

If we want our marketing messages heard, if we want to tell our story and we want people to listen then trust must be established. In Tom Wanek’s book Currencies that buy Credibility he outlines six powerful “currencies” that earn trust with our customers and in turn build our business. Those six “currencies” are:

  1. Material wealth – offering warranties, guarantees or policy that put the financial risk on you instead of your customer. Wanek gives the example of One Hour Heating and Air Conditioning which became the nation’s first heating and cooling service company to offer on-time service.
    They created believability by fulfilling the promise of “Always on time or you don’t pay a dime”. They risked material wealth to build credibility.
  2. Time and Energy – investing your time and energy to offer your expertise and help solve your customer’s problem. For a great example of this check out the online retailer REI. REI takes their
    content to an amazing level by offering expert advice to outdoor experts or wannabees. What’s your expertise? How can you highlight it?
  3. Opportunity – carving out your niche and becoming specialized to the point you are willing to lose some customer’s. A great example of this is the toy store “Geppetto’s Workshop”. This unique toy story differentiates itself and prides itself in NOT carrying any toy that is made of plastic or requires batteries.  They go all out so that they don’t become ordinary. The absence of “popular and trendy” toys is what attracts the crowds.
  4. Power and Control – in today’s retail world customers have the ability to instantly share their experiences with a product or service. While standing in line at your store they can instantly update their status on Facebook with an account of outstanding service OR let their hundreds or thousands of friends hear first hand of a terrible experience. Consumers have power and control like never before which is why it’s of utmost importance that you empower your front line members to make your customers experience the most amazing experience that it can be.
  5. Reputation and Prestige – you will never get everyone to buy from you so don’t try. Holding true to your core values will draw customers to you while making your store unique, distinct and trustworthy.
  6. Safety and Well-being – identity theft continues to rise and privacy risks are regularly exposed. It doesn’t matter if it’s your website or mailing list, you need to assure your customers that you have processes in place to product their identity and privacy when they do business with you.

Successful marketing begins with telling your story. Stories have been used throughout history to tell us where our ancestors came from to the parables of Jesus that explain truths.

So, what is YOUR story? What is the story, the mission of your retail store? How are you telling that important story?

Trust + Story = genuine customer satisfaction, growth, profit and impact.