Business in General Archives - Page 3 of 25 by Mark Murnahan

Hard Lessons I Learned About Marketing and Success

Some people say that you can learn a lot from successful people. I think it is largely true, too. It makes more sense to learn from somebody who has been successful than to learn from somebody who has not. At the same time, one thing that becomes very valuable is to learn from the mistakes they made, and use those things to avoid repeating their mistakes.

Some would say that I took a bit of an uncommon direction to learning about marketing. I dropped out of school about 25 years ago at age 15, regularly held 2-3 jobs as I built my first few companies, and nearly worked myself to death by the time I was 25. It sounds glamorous, doesn’t it?

My career path would certainly not be comfortable for most people, and I would never encourage it for my own children or anybody else I care about, but it worked for me. I learned my way through it the hard way. I read a lot of books, and I studied a lot of concepts from successful people. They were often people I knew first hand, and there were many instances when I should have listened more carefully. Since I was stubborn, I still had to learn some things the hard way, by making my own mistakes.

Lesson one: Don’t be stubborn! There really are people who know more than you about a given topic.

OK, I’ll admit, my path to learning was not totally awful, and there were a few benefits along the way. I earned more money by the end of those ten years between 15 and 25 than most people will in a whole lifetime. I retired for a few years, and it mostly seemed worth it. Yes, indeed … I had become one of those successful people like the ones I worked so hard to learn from.

Some of the greatest benefits I received were the marketing lessons I learned. Those tough lessons about marketing taught me how to bounce back from nearly any business calamity. That is because if you can market something, you can sell something, and if you can sell something you can earn profit, and let’s be honest … the majority of things that can go wrong in business can be improved with more money.

I want to share some of what I learned with you. I’ll offer a glimpse of my early years in business, and some valuable lessons it taught me about marketing. I hope it will save you some of the frustration of my mistakes. At the same time, it may scare you to imagine what it really takes to build success in a business. It is not for everybody … “average” is for everybody.

If The Doors Aren’t Swinging, The Cash Register is Silent

In my early days of business ownership, nearly 25 years ago, it was pretty easy to recognize that my business was much better when the doors were swinging open, or the telephone was ringing. Without enough customers, I wasn’t selling enough, and selling something was how my company generated revenue … money … profit. You know, the stuff that sets the difference between a hobby and a business.

I needed to attract customers, and I knew it would take some pretty clever marketing to keep my company moving forward. Without marketing, even the best companies fail. I had seen such failure in other companies, so I knew I needed to get that part right.

Of course, marketing comes in many forms, and it involves many aspects of a business. It includes product assessment, pricing, merchandising, public relations, and more. Focusing on just one area of marketing is short-sighted, and leads to a lot of waste. What I knew for sure was that if I didn’t do something and do it right, I would never grow the company into anything sustainable. First things first, I needed to generate some money to make the whole thing work.

Sales reps were not worth a garage sale necktie to me if I didn’t have the right product offering. So, I worked on our offerings to be sure they were better than the competition. The sales reps were also no good to me if I could not legitimately define why the offerings were the best option in the market for our given customers. That meant I needed some product research. That’s when I realized the product research and the customers had to match up just right. It would not matter how awesome the offering was, or how well we could merchandise it, if we did not understand who would benefit from it the most, and would have a greater propensity to respond to our efforts. That’s right … “everybody” is not a target market.

I researched like mad to put all the pieces together. I got the products just right, the pricing was attractive, and I ran great ads to get bodies through the door, but then I figured out that there were good customers, and then there were great customers. I needed to determine how to get the right customers through the door. When I learned how to do that, our profits grew like mad. With all that research to my advantage, advertising cost went down because it became more effective.

You see, it took a lot of little pieces to be put in their proper place in order to grow. It took a lot of very time-consuming and often high-investment efforts to create success.

Putting all those little pieces in the right order and in their rightful place is even more important now than ever, in the digital world. The competition is broader, the offerings are sharper, and getting people to a website is not at all the same as getting the right people to a website. Once you get them there, you will need very compelling reasons they will want to do business with you. My early experiences really helped me to understand this.

Here comes a lesson that came really hard for me, but it makes a huge impact once you get it right.

Who You Are is Not a Microcosm of Your Market!

You are not the same as your customers and potential customers. You may try to be like them, you may try to speak their language, and you may even be part of a very similar demographic, but the truth is that they are different. We each want to believe those warm and friendly lines like “people are not so different after all” … but they are!

It is very challenging to try and understand your perfect market segment, and how to reach them with the right message. It is a bit unnatural, because it requires thinking in a way that is not your usual way of thinking. They are the customer, and they will always have their own perspective, their own experiences, their own mindset … and you will have yours.

During my earliest days in business, I remember a constant nagging question of “Who are these people?” I’ve got to say that as much as I tried, I couldn’t wrap my mind around it. I understood them in concept and in statistics, but I still could not relate to their ways of thinking. Fortunately, I didn’t need to nor want to become more like them. It is true but misunderstood that you do not have to “become your customer” to provide their best option … but you will need to know a lot about them. I was selling very expensive things to very egotistical people. I knew exactly why they would buy, and I knew that it was all about stroking their ego.

What I couldn’t grasp was why they were so willing to endure all of that opportunity cost just to splurge on luxury items. They were buying things that I felt I could never afford. The crazy part was that I would constantly find that my customers were actually earning only a fraction of what I was.

The big separation for me was that I was in a different stage of my life, and in a different mind capsule of my own. I believed in taking every dollar I earned to further build my businesses, and buying showy things just didn’t fit into my model (until much later).

There are many things which can separate us from the mindset of our customers, and it is usually not a simple task to figure it out. In my case, it became my most monumental career objective to understand the gaps between customer and seller perspectives … and to bridge those gaps.

One of the best and hardest lessons I learned was that it usually takes a fresh set of eyes looking from outside. That means outside of the buyer’s perspective, and outside of the seller’s perspective. Analysis from a complete outsider is one of the best ways to understand the gaps between sellers and customers. I am lucky I learned this early, and I will always value the outsider. This can be a friend, an associate, or a trade organization, but it is even better when it is their job to serve your company needs and expectations. You can be afraid of the truth, but it will not change the truth. The best outsider is often in the form of a trained and experienced marketing consultant.

The funny thing is this: I am a marketing consultant, and in fact, I am a very accomplished marketing consultant … but knowing what I know, I will never stop using them. Yes, it probably sounds totally nuts to you, but I rely on outsiders to provide the same services that others pay me to provide.

The reason I use outside marketing consultants is that for as much as I can do the research, bring you to discover me, know your hot buttons, and even address them fairly well, I will never completely understand you, or why you are not buying my services. If I tried to understand you all on my own, without influences from the outside, I would destroy many of my greatest opportunities. I would also likely go even crazier than I already am.

You really must have a plan if you want to get ahead in business. I started with a plan, but I found a lot of changes to make along the way. I also found a lot of roadblocks, and often by being hard-headed and not taking good advice. I cannot share all my best advice in one blog article, but I have a pretty lengthy blog archive full of good information.

Delegating Saved Me More Than Once

I learned that one of the most profound commonalities of successful people is knowing when and how to delegate things outside of their expertise. They realize their limitations, and the value of concentrating their efforts on the things they are best suited for. They recognize what they don’t know, and they become good at finding the right people to handle those things.

I learned to delegate. It was terrifying to me, and I never got really comfortable with handing the controls over to somebody else. I hated that my accountants and attorneys often knew more about me than my own mother. I also hated the thought that my marketing consultants have often known enough about my businesses to try and mirror my company and become my competition.

I thank my lucky stars that I got over it and realized that I cannot be the very best at everything. I am absolutely terrible at accounting! All I want to know is that there is enough money in the accounts to carry out my purchases. I generally grasp the whole legal thing, but I hate writing my own contracts, and I understand why they say that “the lawyer who defends himself has a fool for a client.” A similar principle holds true in marketing. If you rely on your own brilliance, without outside influence, you will make mistakes … and often very costly mistakes.

Whether it is a friend, a colleague, a trade association, or a trained marketing professional, you will need to trust and learn from an outsider at some point. Tell them your goals, tell them your business pains, listen to them, take their guidance, and grow your business. Otherwise, don’t be surprised that if you keep making the same mistakes, you will get the same results.

If Building Success Was Easy, Wouldn’t Your Market Share Be Higher?

Building a successful business is not easy, and it requires a lot of uncomfortable decisions. If it was easy, it would be easy for your competition, too. A key factor lies in your will to achieve more.

There will always be people to dislike you for doing the things they are unwilling or unable to do. There will always be people to try and roadblock your success. You may often create your own biggest roadblocks based on other people’s frustrations. I know this, and I can almost bet that it is like fingernails on a chalkboard to many people when I say I’ve spent much of my adult life in the top fraction of a percent of money-earners in the USA and in the world. Yeah, that’s annoying to the people who have not joined me there, and have no hopes of achieving the same or similar results.

I really enjoyed and related to an article my friend John Falchetto recently wrote titled “5 reasons jerks are successful“. I hate to give away the ending, but the fact is that they are not jerks at all. They just work very hard and have very strong commitments. I encourage you to read it and also read the comments on the article. I had a lot to say about it.

I know that there is a huge deluge of information telling you that you can do it all yourself, and that you can reach a huge audience of all the right people with the perfect message about your company and make your product or service offering so popular the phones will ring all night and day.

If you really believed it was so simple, I think you must ask yourself “Why isn’t my market share higher?” or “why am I still reading this blog?” You want more business … that’s why.

Let this roll around in your head for a while: If you were given all the right resources to market your company, would it become as successful as you hoped it would be? Either way you answer, this should require you to consider what mistakes you are making and which required resources you are missing. It very likely has a whole lot to do with your marketing.

Photo Credit:
Separation Anxiety by j bizzie via Flickr

Podcast: Play in new window | Download

Hypocrisy in Hiring Social Media Services

Many companies want a bigger, stronger, and more productive online audience. So, it makes sense to look toward the Internet when they need help, right? It seems a common answer is “no”.

It may seem strange that so many companies need and want help to market themselves better online, but yet, turn to an offline connection to help them do it. A lot of companies who are in the market to hire a consultant for their online marketing are seeking a warm handshake, meetings in-person, and looks in the eye. They are understandably cautious about this sort of service. It makes sense, but yet it doesn’t.

The topic came up in a conversation with a friend earlier today. He is excited about partnering with a company that provides social media consulting services. He gave me the web address, and said he had spoken to them about how I am able to help them with their online presence. It sounds crazy, right? The social media consulting company needs social media help.

What shook me was that he said they have more business than they can presently handle, but their online presence is miserable. How miserable? They have sent under 100 tweets on Twitter, their latest video on YouTube had under 50 views and was uploaded over a year ago, and more than I can express, it was simply atrocious! Even the big rage online marketers have been touting lately … Klout (the online influence measurement company) did not have a profile for them.

Oh, but they’re selling like mad, so it really made me question the logic. How can somebody be successful at something without a demonstrated ability to do it? Even if they can do it, how can they be taken seriously if they don’t practice what they preach? This may sound just a bit jealous, but for many years, I thought I actually had to prove that I know my business. I have been wrong, and I see similar instances all the time. I think they must just smell really good, but I’ll explain that.

This is one side of the hypocrisy, but I’m not to the good part yet … the buyer’s hypocrisy.

Smelling is Not Due Diligence … Research Is!

I certainly recognize and respect the human aspects of doing business. It feels good to look somebody in the eye, and a lot of people believe they can tell a person’s integrity from their body language. Of course, it helps if you have training in the field of psychology, or spent some time as an F.B.I. agent. Let me tell you, though, there are plenty of people who will fake anything for money … I’ve met some of them.

I’d like to point out some things I’ve learned from over a decade and a half in a line of work where I have met less than one tenth of one percent of my customers in person. It really doesn’t hold the benefit to the client that most people imagine and hope for. It actually turns out that it is a whole lot more beneficial to the seller than the buyer.

Here’s where the buyer’s perception gets screwy. Think about this for a moment: Doesn’t this seem hypocritical to imagine a company that wants to sell more online, but cannot make their own fact-based judgments online? Companies often seek the faith of their customers online, but they, themselves, do not have the faith they ask from others. They have the tools at their disposal for making rational and logical decisions, but prefer to use a less effective and less objective tool set, in their meeting room. What’s worse, it often hurts the buyer, by opening them up to whatever brand of fairy dust is being pumped into the room.

Meeting in person will not tell you if somebody knows the Internet as accurately as their demonstrated abilities online will show. In fact, it will show a whole lot less than spending some time with our old friend Google. The only thing shaking hands and talking in a meeting room will reliably prove is whether they know more about the Internet than you do. It will not prove whether they know more than your competitor, and it will not prove whether they know how to produce an appropriately targeted audience, or even a fraction of what they say. Spending time researching them online is what proves those things.

Sitting across a table will not tell you if they are a crook. Ironically, you have to look online for that! The only thing it will really tell you beyond what you can learn online, over a telephone communication, or a Skype video conference is how they smell.

I’ll just tell you right now … I smell like cigarette smoke and coffee, but I can bend a crooked online marketer over my knee and whip them like the crybaby sissy bed-wetter they are.

Rational Thinking Eludes Confused People

It may just be a little too rational for companies to seek social media services where they can actually shop and compare, and can see who has demonstrated abilities or does not. Companies are made up of people, and people are not rational and logical about things they don’t fully understand, such as social media marketing, search engine optimization, and other areas of online marketing.

I’m too deep in the online side of this equation to be objective, but I categorize this as an absurdity. It seems as hypocritical as it gets for a company to ask customers for faith in something they fear too much to embrace. My best guess is that they are just waiting for a good smelling pitch man.

What do you think? Please share your comments on the topic.

Oh, but wait … here is some bonus material.

Where Can You Find Good Marketing People, and How Will You Know?

Just when I thought I was done writing about this topic, I realized that it leaves a question open about a better way to seek an online marketing professional. I do not have all the perfect answers, because that question has a lot of possible conclusions. I’ll give you a couple thoughts that may help you.

First and foremost, consider how you arrived here. If somebody sent you here, ask them what else they know. Sure, there may be a few dummies reading my blog, but I would suggest that many of them I have encountered are pretty bright, and have a strong interest in the areas of social media marketing and/or SEO. Look at the comments here on this article and check those people out. If they have been reading for a while, they probably have some pretty good ideas about marketing online.

Of course, if you arrived because I brought you here … call me … ask questions. I am for hire! Even if I cannot help you, I’ll try to suggest a good match and avoid a costly catastrophe. I am not a good fit for everybody, and I only take on one to three clients at any given time, but I sure know a lot of quality people in my line of work.

Your best fit will depend on your needs and expectations. If you want marketing excellence, it may require more digging, and the investment will be much higher.

If you are trying to keep within a small budget, or you have a tight time frame, be sure to understand how and why it will affect you return on investment. Discuss this with any potential marketing professional you are considering. Be sure they have an acceptable answer for you.

I must suggest, just as I have previously explained about search engine optimization, many of the best marketing people are not looking for you. It is also true, in my case, and I believe many other do not enjoy the sales process of their work as well as they enjoy the work they do. So, it may be best to not expect them to do a lot of schmoozing.

In any instance, the most important factors regarding their experience and knowledge will be found online. If they are good in their line of work, they will be very easy to discover with a search for their name on Google. Look at what they are doing online. Check them out. See what others are saying about them. Read their blog … a lot! It will give you a much clearer view of their ideas and their methods.

Finding the right fit will be worth your effort. Due diligence takes patience, but it will save you a lot of money and hassles! On the other hand, a horrible mistake I see companies endure is believing that because a friend, acquaintance, or somebody in their area knows just a little about Twitter or Facebook, they are safer with that, than to risk the effort and do a little research. Maybe they really are the right one, or maybe they are not. If the way they smell is used as a primary measurement, the company gets what they deserve. It is often how companies end up with fakes like these “marketing experts”.

OK, so I’m asking again … What do you think?

Photo Credit:
NO MORE PROTESTS by hobvias sudoneighm via Flickr

Podcast: Play in new window | Download

Search Engine Optimization is Not a Technology Job!

Whether you work in a large corporation or a small company, this applies to you. I am going to explain why SEO is far more than just the technology it makes use of. If you think SEO is a technology skill, or worse, you are guilty of leaving your SEO to the IT department, duck and take cover! This may hit you between the eyes.

Did somebody ever tell you that SEO is a function of IT? If so, I want to explain how terribly misinformed they truly are. If you believed them, this may be upsetting, but at least it’s the truth.

First, allow me to break away from the acronyms for a moment. “SEO” stands for search engine optimization, and it involves the art and science of helping websites to rank in the top of search engine results for given search keywords. “IT” stands for Information Technology, and one way to look at it is the people who help keep your computer network running, and who you call if your email stops working.

I just dramatically understated each of the skills involved, but that gives you an idea to start with. What I hope to explain in a way you can appreciate is that IT is a technology skill, and SEO has more to do with people than it does computin’ machines. It is a marketing skill that makes good use of technology, and not a technology that makes use of marketing.

A surgeon uses scalpels, but is not defined as being in the scalpel industry. Similarly, a search engine optimizer uses technology, but should not be defined as being in the IT industry. Use of technology is just one subset of SEO skills.

Sure, there are important matters of technology involved, such whether to use www or no www and how to do a 301 redirect, or the very important difference in a slash or no slash at the end of your web address. That is just SEO at its most basic level, but if you want to rank well in searches, there is a whole lot more to it.

How the Absurdity of SEO Being a Technology Skill Began

Search engine optimization, in its earliest days, was looked at as something to do with computers. It was all a part of that new Internet craze that told everybody to have a website. Companies who wanted a website needed “computer people” to make it happen. After all, the Internet runs on computers, and having a website was a pretty technical thing.

Websites really are very technical when they are done well. Most people who look at websites don’t understand all the programming that goes into it, the security features, or the server architecture that it all runs on. So, it looks really technical to them, and for many people it implies that everything surrounding it surely must be technology-oriented.

Let’s take another look!

Why Do Companies Have Websites?

Let us consider the most common reason any company has a website. It is to emphasize the assets of their business. Websites are built with technology, but their most common purpose is marketing. Whether that marketing is just to share information for free, increase sales, or impress investors, it is still a tool of marketing and communications. There are very few cases where a company will create a website “just for the heck of it” or to intentionally waste money. There must be a reason, and that reason almost always has its roots in being more visible to others.

Doesn’t this begin to sound a bit outside of the scope of those “computer people” who keep your email working? Sure, there are many aspects of SEO that require technical skills, but definitely not the kind that fit into an IT job role. Save your IT people for something more up their alley.

Many SEO professionals have been falsely embedded into IT departments, and they simply do not belong there. The most important and effective job functions of effective search engine optimizers have little to do with computers or technology. Sure, we know a lot about technology, because we have to, but that is not our most valuable asset. Again, I submit that a surgeon may know a lot about her scalpels, but that does not make her a “scalpel person”.

Here are a few basic examples of how technology is a part of SEO. See the articles as follows:

There must be at least a squillion more technology matters related to SEO. I think I’ve probably written something about most of them over my 15+ years in the industry. Even if you put them all to perfect use, it will never make up for the importance of understanding how to make things more marketable.

I’m not trying to fool you into thinking technology does not matter. I mean, I did write those earlier technology-related articles about SEO, and many more. I also have a significant amount of proof that I know the job of SEO. The technology does matter … a lot … but it will not trump the other magic that a truly talented SEO professional brings to the equation. Those things include defining what moves people to action, analyzing demographics, psychographics, geographics, and deeply understanding Internet usage on the human level. It also requires analyzing the competition and knowing what makes you the stronger competitor.

The many non-technology creative marketing assets of a good SEO professional with measurable marketing talent are vastly more valuable than any amount of technology.

Understanding SEO as a Hybrid Skill Set

Most companies understand that when people search the Internet for something, it is good to be found at the top of the list. People start clicking at the top of the list, and not at the bottom. So, it makes sense, right? The difference a few spots down that list can make is astonishing. See “Improve SEO Return on Investment (ROI) With Simple Math” to understand the difference.

It is a bit harder to understand SEO as a hybrid between multiple departments within a company. It involves defining and distilling the best assets of a company into something people will love. It involves putting those things to work on the Internet where people will see them and link to them from their websites, blogs, Twitter, Facebook, social bookmarking sites, and more. It involves making a company popular based on its own previously hidden merits. Within the mix, there is technology, but the technology is just to support the awesomeness. The awesomeness is not there to support the technology.

It may help to consider that the single most prominent factors for top search engine ranking is the number of other websites linking to yours, and the quality of those websites. You don’t get those links from technology, you get them from people who think you’re amazing, and you get those people by repeatedly doing amazing things.

Reciprocal link exchanges are a bad idea, and you don’t have enough friends to link to your website to outrank any significant competitors. It’s going to take more than that, so isn’t it wise to at least have the right department handling it?

Why was this stuck in my craw?

I recently wrote a proposal for a company that I really like. I like them because of their industry, and I like them because I know I can do amazing things for them. When I discovered that they are relying on the IT department to handle their SEO efforts, it made my stomach hurt.

I don’t take on projects if I am not 100 percent confident that I can help them. In this case, there should be little wonder why their websites have a miserable response. They just don’t know how much they don’t know. I hope to fix that!

Photo Credit:
Washington State Cage Fighting Championships by Kelly Bailey via Flickr

Podcast: Play in new window | Download

Is Social Media Like Space Exploration?

Social Media and Space Exploration are Both Fascinating

Space has captivated mankind since our earliest days. We wonder what is up there beyond our reach, and it fascinates us. I have recently been thinking about how social media is a lot like space exploration. It holds a lot of mystery, and it inspires us to learn what is out there beyond our geographical confines.

Why do we constantly strive to understand the things we do not know? Can any of us adequately answer that question? I sincerely ask for your ideas and opinions on this. I think the simple answers are at our fingertips. It excites us to get our brain cells working, and to make something new and useful happen, but it goes much deeper than this.

Just think of all the great possibilities for us as we discover new things. When we stretch our imagination, we reach beyond our own current capabilities and it keeps us moving forward. The desire to learn about the things which are just beyond our grasp has inspired countless innovations to bring us closer. Those innovations include boats, trains, airplanes, cars, telephones, the Internet, and many more … even space ships.

Knowledge is Keeping Us Alive

It is easy to argue that striving to know more is what keeps us alive. As our planet’s population doubled from three billion in 1960 to over six billion just forty years later, our knowledge has grown with it. The knowledge did not just grow because we had more people, but because the ability to communicate and build upon their ideas grew.

With mankind’s growing knowledge came innovation, and it was based on necessity. Just between 1987 when the five billionth baby was born and their 12th birthday in 1999 when the six billionth was born, the need to keep up with growing demand for food, water, shelter, and distribution of goods created a huge burden.

It would be easy to look at a simpler time and say that we didn’t need all of this technology. Things used to look easier in some ways, and time seemed to move slower. Some will imagine it as an “easier” time, before modern technology, but when we look out across a crowd of over six billion people breeding faster and dying slower than ever before, we realize that it is too late to turn back now.

We may not all see it the same way, but one thing is clear … if we are to maintain what we have today, we must keep learning and progressing … we must innovate.

Learning, creating, and imagining new things has made it possible for us to sustain our planet at its current highest population ever. In another forty years, our population is expected to reach nine billion people … a full nine times Earth’s population 200 years ago.

Commitment to innovation is how we discovered even the most basic things which serve us every day, like fire, hammers, scissors, and that little clip on a bread bag that keeps the bread fresh. The human imagination and potential for innovation is amazing, but it holds little value if we don’t use it, and if we don’t maintain its momentum. Innovation is greatly improved when we involve others, and that is why we have “think tanks” and “incubators” for our best ideas, and our best thinkers.

I believe that the greatest think tank of all is social media. With social media, we can share our ideas with others, and allow them to help us mold them into something better.

Space Shuttle Atlantis at NASA Kennedy Space Center Launch Pad 39A

How is Social Media Like Space Exploration?

The reason I’m thinking of space exploration today is because I was recently approached to define a social media strategy to help people understand the need for space exploration, and its benefits to innovation.

A remarkable parallel between social media and space exploration is that most people will agree that they both hold great value, but yet, lack the confidence to invest properly, and patience to maximize their respective benefits.

Creating confidence to invest is a big challenge. Times are tough, and people are afraid of their government defaulting, their money losing value, and their jobs dissolving into thin air. Why would taxpayers and business leaders spend money on such progressive research?

A similar argument came along with “The Human Genome Project“. That $800 billion project came with an answer for the people when studies showed a 141:1 ratio return on investment. That’s $141 dollars in additional economic activity for every government dollar invested. Try that with your mutual fund.

Many governments spend horribly. In fact, I think my own is among the very worst, in USA. I am not for big government in the least little way. Our government’s job is not to do our thinking and our bidding for us. It is our government’s job to foster a safe and organized society and get out of our way. At the same time, the decisions which affect our continued scientific exploration are often relegated to our governments. That is because it is often a part of providing that safety and organization which is their duty.

Knowledge Creates Economic Stability … Yes, Jobs!

Science serves to remind us that we don’t know how much we don’t know. Social media does the same.

Scientific study such as genomes and space exploration produce the information and engineering we need to maintain and improve our lives, and they also create huge numbers of jobs. Those jobs include engineers, laborers, office workers, teachers, builders, and so many others. Think of “The Butterfly Effect” to imagine the diversity of jobs and other related benefits to the scientific study of space.

I have asked a few friends how they believe the aerospace industry has changed their lives and careers. Each of them could name at least a few ways it has made their lives better. It affects medicine, farming, fishing, alternative energy production, navigation, weather forecasting, and so much more … not the least of which is the transfer of information from one side of the world to the other, via satellite. Cardiac pacemakers, breast cancer screening, smoke detectors, cordless drills, and many other great things came from space exploration and related research. It reminds me that we are good at seeing the dots, but until we use systemic thinking we often cannot connect the dots between space and our daily lives.

Of the friends I have asked so far, not a single one was opposed to learning more about the real-world ways that the aerospace industry is helping to keep us safer, happier, and more economically stable. Fortunately, each of them also recognized that the matter of funding space programs is not a partisan effort with democrats against republicans. Both major political parties in America are largely in favor of continuing space exploration, but the people making policies and determining funding want to hear it from the people.

The space program in the United States used to be a matter of national pride, and as we sent men to the moon, the world cheered. Many people never realized the scientific and engineering leaps forward we made in the process. As the novelty of a moon landing wore off, a lot of people stopped following the progress of space exploration.

As I have asked around, I found that many people do not realize we have had successful landings on Mars since 1976 (Viking 1 and Viking 2) or that we have had humans manning a space station every night and day for over a decade, and why. Even fewer will realize the benefits of the 2012 launch of the most sophisticated Mars rover ever, or how close we are to sending a manned mission to Mars. Due to such a public loss of interest, only a very small group recognize the enormous technology, engineering, and economic impacts this science has right here on the ground.

The challenge I find most profound, as I consider how to present the benefits of social media to this organization, is to help them understand that like their own world of space exploration, without a commitment to research and testing, they will not know the answers. Until they know how to effectively define and present the benefits, those benefits do not exist in the minds of the people.

I feel like my job of explaining the benefits and complexities of social media are much like their challenges to explain space exploration. Many people are afraid of making an investment in what they do not understand. Tragically, they have a much easier time embracing that fear than recognizing the more logical concern of what happens if they do not.

In this particular case, thousands of jobs may be affected. NASA’s failure to abide by federal mandates to define and announce plans for future projects threatens to put thousands of people working for private industry out of work. If that happens and we scatter the most talented industry leaders to the wind, the loss of progress will be tragic. The social media effort to help people understand the risks at hand and force NASA to comply will not be easy. Inspiring 50,000 of them to write a letter to their representative in U.S. Congress within the next six months will be even harder.

I guess an old cliche that comes to mind with such a challenge can apply here. If we can put a man on the moon, we can do almost anything. Yes, we can put a man on the moon, but can we save the U.S. space program from continued downsizing? My challenge will be to explain the unknown benefits of social media to my prospective client, and then to help explain the unseen benefits of space exploration to the public.

Until recently, I never realized how similar the challenge would really be, or how similar social media is to space exploration. I look forward to that challenge.

My overriding concern is that if we fail to think big and act accordingly, we lose all hope of being excellent, and risk being mediocre. Once we become mediocre, the cost to regain our lost excellence is far greater than the foresight to become excellent in the first place.

What Do You Think?

I want to know what you think. Is space exploration and its related technology advancement still important? Can you see how it is kind of like social media in the sense of both being very useful if you can uncover their mysteries? Please share your thoughts with me. If you have any ideas on how I can better present the benefits of my role to educating more people on behalf of my prospective client, please share that, too.

Podcast: Play in new window | Download

Marketing Clients vs. Crybaby Sissy Bed-Wetters

When people lack confidence in proper marketing, they lose! They lose time, they lose opportunities, and they lose money … lots of it! I don’t even feel a need to prove this, because for people who don’t get it, we have a phrase for that. The phrase is “survival of the fittest”, and if you have some guts, you are far more fit than a lot of your competition.

Believe me when I say that most of your competitors are total wimps! If we took them back to elementary school, you could see most of your competition walking to the office to call Mommy and ask her to bring a dry pair of pants to school. They are scared, and to say they are “pants-wetting scared” is not such a big stretch.

I mean, look at yourself … aren’t you just a tiny bit creeped out? Doesn’t it give you the willies just a little to do what it really takes to grow your company?

Seriously, if you never knew this, you deserve to know. Most people making decisions about marketing for their company are scared to death of marketing. I am going to share a real-life story with you in a moment to emphasize the point, but for a moment, just take it on faith.

This common fear of marketing is especially the case with the good kind of marketing that comes with proper research, solid strategy, efficient forecasting, and net profit … yes, positive return on investment. The reason the good profit-generating marketing is scariest of all is because it is the kind that requires decisive action … and money!

Drat! It’s another one of those long reads. Don’t worry, though, because I recorded it for you. Just click play and listen if you like. It is sure to give you some food for thought and a laugh … I’m sure of it!

The Way Many Companies View Marketing

A lot of companies seek the lowest possible effort and the highest possible return. That is smart business, but they often focus more on that low effort and completely lose sight of the highest return.

You see, now that every reception desk has a computer, marketing is pretty much free. Just look around and you may discover that this is how your competition sees it. Anybody can prepare and execute a brilliant marketing campaign. All they have to do is sign up for one of those Facebook thingies, Twitterize 25-26 hours per day, and put some smiley-happy employees and customers on YouTube.

Voila! The marketing is fixed, and the money train will be chugging down the tracks in no time!

It may sound crazy to you, and I hope it does, but this is really how a lot of companies approach their online marketing. It is so simple that all it will take is a tweet or a Facebook mention. They see companies like the ones mentioned in an article I read in Telegraph.uk. Here is a quote:

Ticketmaster estimates that every time one of their customers posts on Facebook that they’ve bought a ticket, their friends spend an additional $5.30 with the site. When last year’s Google conference was taking place, they tweeted the morning of the conference: “100 tickets left, 550 bucks a piece, use this promotion code”. 11 minutes later they tweeted, “Sold them, thank you.” That’s $55,000 in sales with one tweet in 11 minutes.

Rub a lamp and wish for a genie! You don’t have Ticketmaster demand or Google reach. Something is stopping you, though, and it is not the tools … it is the planning and strategy. If you keep doing what you are doing, you will likely keep getting what you get. If it is time to step it up, then step it up and do something brilliant. Do something with a strategy! On the other hand, if it is time to lie down and die … do that, and go peacefully. Just don’t keep waiting for that magic genie to arrive. He’s not coming!

Break for a Wise Marketing Tip:

Some people actually screw this all up and think that what they are paying for with proper marketing is just a task. Any moron can do a task, so it should be cheap, right? I provided some examples of this train wreck mentality in the articles as follows:

Social Media Marketing Pricing Like Cab Rides by the Pothole“

… and the profoundly absurd

“Hourly Rate for Setting Up Social Media Profiles?!“

Damn the luck, it seems that somebody tried to shove the whole population of marketing professionals into the same cage as if we are all the same critter. The good and bad are all mixed into one, and along with my high-end marketing buddies, I guess people surely think that we get paid for what we do.

The larger truth is that we get paid for what we know, how we know how to know what we know, how we think and analyze, who we know, and the other really unimaginable stuff that comes with experience, marketing talent, and brute creativity.

Pete and The Amazing Pee-Pants Pizza Parlor

I have a story about a guy named Pete. Seriously, this is a true story. Pete is very excited about selling his wildly amazing and awesomely marketable pizza franchise across the USA. He will possibly succeed, once he gets out of his own way, but he is still walking around in wet pants and trying to keep from vomiting at the thought of finally bringing it to market.

Sure, Pete logically knows that marketing is his most important asset. He realizes that Starbucks was a little coffee company and Subway was a little sandwich shop, and still would be without great marketing.

Actually, his name is not Pete, and his business is not pizza, but I’ll use that. His name is close enough to Pete, and his retail food franchise business is close enough to pizza to make the same point. The story is about a series of calamities that just drive me nuts. Nuts enough to share my opinion, and to welcome yours.

Here is the “hot sheet” version of how things have gone so far. Pete contacted me a year ago about his business. He was referred to me by a friend whom he trusts. Our mutual friend told Pete that the project was way out of her league. She explained that based on his hopes for massive adoption of his new franchise opportunity, he needs Murnahan (that’s me). Not a guy like me … me!

When Pete first contacted me, he was in an urgent rush to get his marketing in order. He was very concerned that he had already waited too long. He was afraid that based on his time frame for other business plans, he needed me on the project “yesterday”.

Pete was more than just a little blown away by things I shared with him about the possibilities for his business. I guess it was stupid of me to start dolling out free brain-juice, but heck, he was a referral, after all. Based on his own wildly flattering statements toward me, I was assured that he wanted to be my client, so I let fly with a few pan drippings from my brain in the roasting pan.

Dumb dumb Murnahan … I knew better, because giving too much freebie talk is a big open door to truckloads of non-paying brain work. I do it though, and it almost always bites me in the ass, because people really hate that transition to actually paying for the knowledge they need.

Skipping forward a damn long year and a whole bunch of phone calls that he has never paid for, Pete is calling me with wet pants again. He needs some serious help, and he talks like he is actually ready now.

The huge pause in his business was a funding snafu. Wouldn’t you know it that somehow those banking folks actually like qualified market projections in the business plan before they fund a deal. It is too bad Pete never thought of getting some better facts to work with. Maybe a year wouldn’t have spun by so rough for him.

Well, I guess we’ll kill the hooker tonight and worry about it tomorrow. Now we can just wing it on a half-assed budget and hope to make the bank happy. Yep, that’s how we roll, right Pete and Pete-like thinkers?

By the way, when I tease Pete about his wet pants or describe him as a shaky handed sweaty little fella who pulls the blankets over his head so the monsters don’t get him, I want to note that I like Pete. I like him plenty fine, even if he is a crybaby sissy bed-wetter and horrific planner.

Pete is a fine fella, and he will likely do very well in his business. His first and scariest step will be to listen to the consultant / strategist as much as he talks. Actually, before he can meet that scary challenge, he will have to get up off his steamy little pee-soaked wallet and pay for the scary monster he needs advice from.

The craziest thing I ever heard was when he finally rubbed his wet panties into my telephone ear yesterday and started asking for references. What the hell? We covered that last year! He has been putting his short-n-chubby in my ear all this time, reading my blog, sending me Facebook messages, email, and asking me for more brain-drippings, and now he’s asking if I’m qualified?! This is the same guy who has referred others to me when they needed serious help!

His biggest expressed concern is that I am a few hour flight away from his cozy little blankie. He wants to be able to manage my work close-up. Well if that isn’t silly … all it takes is money. If he is doing it right … I mean, right enough to sell 150 pizza franchises in the next two years, the least of his worry should be the cost of an airline ticket!

Somebody just effin’ give me a tequila, a hooker, and quarter to call home and I’ll sell more damn pizza stores than this guy can handle.

Pete has hopes, but they are only hopes so far. They are not goals, because he doesn’t have the market data to set goals yet. He is pretty reluctant to gather it, too.

Why do people try to kill me like this? Is it because they don’t have confidence in their market offering? Is it because they are so scared they would rather go broke than invest wisely in their own futures? Is it because they have no balls? What the hell?

I swear, if I put Pete in a room with the guy I recently wrote about hoping to put “100 percent” into his health and beauty industry marketing, but yet keep the budget under $10,000, I could slow down time enough that my trip to the looney bin will feel like a whole lifetime! Maybe my conniption will be worth it.

OK … that got a little teensy bit rant-ish, but sure was fun! Go ahead and level me out. Be my friend and help me to calm down and breath slower.

😉

I sincerely believe that marketing in itself is the hardest field of all to market to clients. It is because in damn near every other product or service I have ever marketed, there is always some sense that the potential customer has two brain cells to rub together. This is often simply not the case when people are in the market for marketing services. Not since the invention of the Internet money-train.

One more thing … Can somebody tell me who I need to whack over the head to get a decent client with dry pants?

Podcast: Play in new window | Download