Archive for the ‘Competition’ Category
Friday, August 14th, 2015
For businesses of any size, the ability to communicate to prospects and customers about why you’re different, and better, in ways that are meaningful to them is critical. Many fail to do so effectively, however. One key issue we often find with clients is a tendency to be too internally focused — they communicate with their audiences in ways that are meaningful to their business, but that may not be so meaningful to their customers.
For example, (more…)
Tags: Brand Management, branding and marketing, commodity, competitive review, Marketing, niche market
Posted in Competition, Marketing and Branding | No Comments »
Monday, March 30th, 2015
Marketers are understandably concerned about building and protecting strong brands. An Economist article from last year discusses the power of brands. “Brands account for more than 30% of the stock market value of companies in the S&P 500 index, reckons Millward Brown, a market-research company. Everyone knows that a Ralph Lauren Polo shirt costs more than a polo shirt; Coke without the logo is just cola.”
But, brand-building efforts are sometimes misguided– (more…)
Tags: Advertising, brand audit, brand building, Brand Management, brand measurement, Interbrand, Millward Brown
Posted in Competition, Marketing and Branding, Marketing Research | No Comments »
Thursday, May 22nd, 2014
Social media – and particularly LinkedIn – has emerged as THE new method of job search, providing significant benefits to both job seekers and recruiters. I’ve been a long-time LinkedIn proponent and use it extensively for my own professional communication needs. I also highly recommend it to the students I work with each semester as the “go to” resource for job search–whether looking for internships, freelance opportunities or full-time jobs.
In fact, at the beginning of each semester in one of my classes I like to use it as an introduction to “selling something” — in this case themselves. And, truthfully, the steps and process for selling yourself or your business services via LinkedIn are absolutely the same as best practice marketing for any product or service. (more…)
Tags: Brand Management, Business development, career advice, career development, job search, LinkedIn profile, recruitment
Posted in Business Development, Career Advice, Competition | No Comments »
Wednesday, November 27th, 2013
In the “old days” finding experts was largely limited to identifying them through academic circles or highly regarded trade and professional publications. Experts were, in essence, “vetted” and those seeking their input could rely upon their veracity, authority and credentials. But, things have changed. Today, quite literally, anyone can be positioned as an “expert”–whether they really are or not. This has become possible because of the World Wide Web and a plethora of online communication channels, including web sites, social media, blogs, etc. This is both a good and a bad thing. Interestingly, it is both good and bad for experts and non-experts. Here’s why:
(more…)
Tags: Brand Management, consultants, credible sources, expertise, Journalism, media relations, online experts, pr, Social Media, sources
Posted in Business Development, Competition, Internet Marketing, Marketing and Branding, Media Relations/PR, PR and Media Relations | No Comments »
Tuesday, December 4th, 2012
Should small businesses use local advertising? While this is one of those questions that can quickly be responded to with “it depends…,” if the market is a local one I do tend to believe that local advertising makes sense. And I’m not alone. Consider the increase in local online advertising among many marketers. Local online advertising was predicted to surge by 18 percent in 2012 to $18.5 billion
, according to paidContent.
The bigger the world gets, the more opportunities to leverage a small circle of influence I think. Just as when generating followers, friends and fans through social media (more…)
Tags: Advertising, Community Relations, Healthcare, local ads, local advertising, Marketing, online marketing
Posted in Competition | No Comments »
Thursday, September 27th, 2012
While watching the local news my husband made a comment about the weatherman: “You know – who really needs him anymore? You can just look at the radar yourself any time you want to online.”
True. You can. Wonder if people going to school to be “weather people” have thought about that. Wonder if the schools that teach them have thought about that. And, most pertinent for this blog, wonder if all of us have given (more…)
Tags: Brand Management, competition, disruptive innovation, Innovation, marketing strategy, Technology
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Thursday, August 2nd, 2012
We’re all familiar with the saying: adapt, migrate, mutate or die. Charles Darwin put forth his theory of evolution in 1859 and its relevance to businesses has long been applied by academics and business experts. But, in today’s fast-paced environment, while still applicable it suggests a pace that is much slower than our reality.
Adapting, migrating and mutating takes time–sometimes a long time.
While it may not be relevant from a biological standpoint, businesses today might be well advised to follow a different piece of advice: (more…)
Tags: Business development, competition, Innovation, marketing strategy, Strategy
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Thursday, July 12th, 2012
Louis C.K. recently cut out the middleman in the process of selling tickets to one of his performances. His experiment has been quite interesting. He’s not the first to bypass sites like StubHub and TicketMaster, and I’m sure he won’t be the last. Why? Because his experiment demonstrates an interesting concept–disintermediation–the removal of intermediaries in a supply chain.
Disintermediation represents a benefit to consumers and a significant challenge, even fatal challenge, to those in the middle. The lesson to be learned? (more…)
Tags: Strategy
Posted in Competition, Marketing and Branding | No Comments »