How often do you meet people who are pleasant and friendly but ultimately uninspiring and very forgettable. I know it sounds a bit harsh but it’s true isn’t it? Most people in business are not very memorable, and not very interesting. Yet they still want you to remember to do business with them and not someone else.

How much better does it feel when you meet the other type of person:
The lady who is both interesting and interested – in you;
The  man who’s personality and passion oozes from every pore;
The person who you tell your partner or colleague about that night because they made such a big impression on you.

How cool would it be – not to mention incredibly valuable to your business – if you were that second person?

“Oh it’s not me”, I hear you cry.  “Unlike Lady GaGa I wasn’t ‘born this way’”.

Well that’s where you would be wrong, and at our local January BGA Meeting, with a bit of help from Mr Bright Shirts himself (!) I’m going to show you exactly how to make yourself interesting, intriguing and talked about.

And all without any scandal or sexual innuendo. (oh well, maybe just a bit then!).

Seriously, we’ll share the 5 simple steps to ensuring that your customers are eagerly waiting to open your emails and take your calls. What you need to do so that they genuinely can’t wait to hear what you have to say next, including the single biggest secret to making yourself and your business interesting.

You see there is a process that can be followed here. And it works. And I’ve got it all for you at our January meetings

I think it’s going to be one of the most fascinating sessions we’ve run so far and I hope you’re able to join us!

It’ll be fun, useful and, er…interesting!

Book at http://www.businessgrowthadvisor.co.uk/southwestwales

or call me on 01550 739 053

Chris

Venues

Carmarthen 11th January Falcon Hotel

Llanelli 18th Parc Y Scarlets

Haverfordwest 25th Hotel Mariners

All from 6pm for a 6.30 start and finishing around 9pm

 

Hi

So it is the New Year, we really have to stop putting things off “until after the holiday”.

(I may be speaking for myself here as I now have a busy January ahead doing the things I should have done during my December lull)

So what are the 3 questions we all need to answer – and those answers need to be honest, we all know about new year resolutions that last until, well today actually!

Ok number 1

Are you happy with what you got from your business last year? – No conditional responses such as considering the recession  either it was enough or it was not! If you would not like to achieve more this year then do not bother reading on and enjoy your retirement.

2) What are you going to change or do differently?

It follows that if you want to change something you need to do something differently,  what changes will you make?

3) When are you going to make those changes?

It is really important to set a timetable with deadlines, because otherwise it is just another meaningless promise.

This is where the honesty becomes so important, if you are not honest with yourself about what you can do and when then all you have is good intentions and we know the road to hell is paved with them! – However modest or ambitious your plans are for this year, whether or not you achieve them is up to you, and the clock has already started.

It will not come as a surprise to you that of course I would like to help you achieve what ever it is you want from 2012 (excluding a place in the Olympic 100m final). But with or without my help can I wish you the best of luck making those changes, first though I would write down the answer to those 3 questions.

If you would like a FREE session to review your business in 2011and how to make the changes you want for 2012 then please email me on chrisolchawski@iib.ws.

I only have a limited number of slots available.

Happy New Year

Chris

 

One of my clients manages to embarrass me by introducing me as her Management Consultant, she feels that is the best way to describe what I do but it makes me cringe because of the connotations that go with it!

But it does make me wonder how to describe more effectively what I do, especially as I am in the middle of a campaign to win a couple more clients next year. I think that most businesses would benefit from what I do, that is not arrogance,  it is simply that running your own business is a more than full time job and we could all do with the right help.

I would actually appreciate you telling me what you think is the right term for what I do (be nice now!)

These are some of the people that I have helped;

The person who started the business because they love what they do but now has to do all those other things that they did not realise they would have to do, book keeping, marketing, sales, purchasing, people – hiring, managing, firing – cash flow & finance etc etc,  and nobody can be good at them all!     I help to organise the business so that you can get on with the things you are best at.

Some of my clients have been running successful businesses but want to get back their life because they are working relentlessly long hours. Others want to sell or pass on the business and want to whip the business into shape.

I have helped many business owners who have reached a plateau – they have got so far, often after about 3 years, then they run out of the adrenalin that was fuelling them. Other people need a hand with some practical marketing or finding more customers, I often do some research on what customers like or do not like about a business. Once you have that information you can really build on it!

A fairly common scenario is someone working hard but just not making enough money. This situation is more common than most people realise, and I know from experience how hard it is to see the wood from the trees. Often this is compounded by a fear of changing in case that is going to lose us the customers we have.

I have worked with business owners who want to grow but are unsure about the next steps to take, or unable to spare the time to do the necessary preparation. In those cases I become a resource, taking some of the strain and getting tasks done that the owner does not have the time – or inclination- to get done,  but are important if the business is to improve.

The way I go about working out what I can do for a client is what I call the Tutsan 3 Step Programme

In the first instance I talk to the business owner about the challenges and what they want, everybody has their own agenda and not everyone wants bucket loads of money, it is important to find out what is really important for the client!

I will then spend some time studying the business in action; this can vary from a few hours to a few days depending on the size and complexity of the business. This is important for me to get the feel of how it all works in practice.

After this I discuss my observations with the client and we agree priorities for action.

Dependent on that discussion we start to implement, and depending on the client’s preference I will undertake tasks that otherwise might have to be done by him or her.

This simple yet effective methodology virtually guarantees results if it is followed through. I approach things from a practical cost conscious position grounded in the years I spent running businesses myself; I think that actually having run my own businesses makes me a better adviser.  And I am careful to make sure that the client gets good value for their investment in me!

But how do I describe that service?

If I can do these things why wouldn’t every small business take me on?

All the best

Chris

Oct 142011
 
feature5

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If you run a business that’s active online, or are involved in digital marketing in any way, chances are you’ve done business with a startup before.

No big deal, right? After all, today’s hot startup could be tomorrow’s Apple or Google, and even if it isn’t, there’s no denying that startups are a driving force behind innovation.

But should you always trust a startup? Are there times when joining forces with one is a bad idea?

The answer, quite simply, is yes.

Some, sadly, learn this the hard way. Take Vintank, a “digital think tank for the wine industry.” It works with winery clients in an effort to help them apply technology to improve their businesses.

Yesterday, the company detailed on its blog how it was working with a startup called SCVNGR:

Everything was champagne and roses at first. Scvngr offered rewards for
engagement. In a hospitality industry, this seemed like a perfect fit. They
had unique features (taking pictures, answering quizes, etc) and fun mapping
tools called Treks to tie locations together to earn rewards.

Scvngr loved the
wine industry because we represented a use case for regions that could easily
overlay a game layer with mass tourism and strong hospitality culture. For us
it also represented an innovative way to engage consumers in both the digital
world and the physical world and deepen the engagement when people visit any
winery tasting room.

Long story short, SCVNGR, which is backed with millions of dollars in funding from VCs, made big promises. Big promises which, as you may have already guessed, it failed to keep.

Today, SCVNGR has partially ‘pivoted‘ away from the business that brought it and Vintank together; it, like so many others, has entered the daily deals fray.

The lesson learned by Vintank: “make sure vision is supported by
execution and find partners that really keep their promises.
” It seems simple enough, but without psychic powers, you can never be sure you’re not betting on a dog.

Fortunately, when dealing with startups specifically, there are some easy ways to spot a probable winner from a probable loser.

Recognize that VC= venture certainty

A VC-backed startup may inspire more confidence than a self-funded
startup. After all, it probably has more money in the bank, and it’s
nice to know that investors have bought into what it’s doing.

But
there’s a down side to being financed by VC: the company is usually
beholden to the interests of the VC firm(s) paying the bills.

That
means that the company you buy from or partner with may not be the same
company in six months. If the VCs don’t like the path a portfolio
company is on, they’ll usually have no problem forcing a ‘pivot‘, leaving you alone in a corner.

Look for focus, and domain expertise.

There are a lot of startups building cool things that can be applied
to many industries. But be careful about getting in bed with a startup
hawking its ‘solution‘ to multiple markets. T

he people behind
these startups may be well-meaning, but if they’re not focused on, and
knowledgeable about
, the particular market you’re in, there’s a much higher risk
that you’ll be disappointed by the relationship.

Be wary of inexperience.

Some of the most prominent technology companies were founded by
relative youngsters, making it easy to believe that experience is
overrated. That’s not really the case however. Most new businesses are
started by older, more experienced folk, so forming a relationship with a
startup just because its CEO looks like Mark Zuckerberg circa 2004
isn’t necessarily be a good idea.

A safer bet: dealing with a
startup run by people who have been around the block a few times and
have the accomplishments (and scars) to prove it.

Remember that there’s no such thing as a free lunch.

Be cautious about any startup that wants to work with you in some
fashion, but doesn’t ask you to pay for a product or service. Sure, it
can be difficult for a young company to find paying customers, so
partnerships and other kinds of relationships that don’t involve an
exchange of cash seem perfectly understandable, but at the end of the day, remember: a
company that you have no direct financial relationship owes you no
allegiance, and can walk away from a deal far more easily.

The better option: if you believe in what a startup is doing and think it has value to your business, find a way to pay. If the company refuses to take your money, run — don’t walk — in the other direction.

 

Since we’re working mainly with e-commerce businesses, we compiled a list of the key steps they can, and do, take to optimize online sales.

Online shoppers are a fickle lot and the competition for their attention and their spend is utterly fierce. Consequently, optimizing every aspect of your e-commerce program – and the tags that manage them – is absolutely essential.  Since we’re working mainly with e-commerce businesses, we compiled a list of the key steps they can – and do – take to optimize online sales.

This is part two of our list following Part 1, which we published prior to the Econsultancy Peer Summit in New York on June 2nd. Comments and thoughts welcome.

6. Wait, wait come back!

Every second, millions of potential customers abandon shopping carts, leaving e-commerce sites like jilted brides alone at the altar. But don’t waste your time on tears, figure out why they left you and respond accordingly.

If they are off doing more research, retarget them, ideally with specific offers that will bring them back.  If it’s a current customer, a personalized email with a gentle nudge could also save the day.

7. DIY coupons

Online shoppers in great numbers regularly dart away from the shopping cart in search of discount codes/online coupons. Made famous by ubiquitous couponing sites, these coupons bring the customer back but bite into your margins.

One way to address this is by creating your own couponing sites that load customized coupons based on user data. This approach will bring more customers back and lower your affiliate/commission payments.

8. Take it personally

Like the concierge who knows your favorite table or the bartender who remembers shaken not stirred as your martini preference, provide a personalized service wherever possible.

If you know they browsed guns and swords last visit, you probably don’t want to start the next one with glasses and sinks. Similarly, if you know their zip code, you’ll want to let the customer know if their purchase will be tax free, information that could help close the sale.

9. Make time for real-time attribution

While the arrival of pay-per-click advertising transformed digital marketing forever, the accompanying dependence on the “last click” metric became an unfortunate by-product that many, including Forrester, insist must be revisited.

But, in order to plan spend better and incentivize providers for contributing throughout complex user journeys, e-commerce marketers need new tools that allow them to assess and reward all online channels for they role they played in driving conversion.

10. Have a happy holiday

A huge percentage of sites depend on holiday sales for a disproportionate amount of annual sales and profit. Site traffic goes way up and, on Cyber Monday, can spike to the stratosphere.

Are you ready for this onslaught? Expanding your bandwidth should not be limited to server capacity. Remember to bolster things like inventory and customer service. A little preparation in these areas will go along way to insure that this year, even you will have a happy holiday.

 

At Econsultancy’s 2010 ‘Future of Digital Marketing
conference the main emerging theme was ‘Data is the new oil’. At the 2011
conference, held two days ago in London,
for me the main theme is what I’m calling “Brand Everywhere”.

“Brand
Everywhere” I largely stole from Alex
Gisbert
who talked about Expedia’s concept of ‘Expedia Everywhere’. I think
any brand should consider itself in a similar way. “Econsultancy Everywhere”
happens to be suitably alliterative so I’m even more in favour of it.

The
concept is one of ubiquity, a word that also came up a lot during the
conference. It isn’t about online OR offline. It is not about digital vs.
traditional. They will all become the same thing. The difference will become
pointless, and, retrospectively, faintly embarrassing, to talk about.

I
say this in the full knowledge that we, Econsultancy, are running events like JUMP which is about ‘online
meets offline’. And we talk about ‘digital marketing’ – indeed it is in our
strapline ‘digital marketers united’. However, I believe this is just a
necessary transitional stage towards a future where ‘digital’ will become
unnecessary.

There
is an irony that just as we, Econsultancy, a digital publisher for the digital
marketing sector, are considering dropping ‘digital’ in our strapline and
positioning, many others, mostly the ‘traditional’ players are *adding* or
emphasising ‘digital’. What was the Institute of Direct Marketing (IDM) is now
the “Institute of Direct and Digital Marketing”. Today The
Guardian CEO has been talking about the death of print and doubling of digital
revenue targets
.

Meanwhile
Econsultancy, and many other ‘digital’ players we know, are actually increasing
our spend in ‘offline’ media (e.g. direct mail) at a much faster rate than our
spend on digital marketing. We’ve even launched a print magazine. Crazy right?

When
I interview graduates for roles at Econsultancy they’ve rarely heard of ‘social
media’. They don’t need to give a name to what just *is*; what is just part of
their lives. I believe the same will be true of ‘digital’.

What
will be important is that, as a brand, you can be everywhere that your
customers are and expect you to be. And, no surprise, mobile is clearly the
most obvious example of that at the moment.

What are the implications of Brand Everywhere?

This
isn’t a new concept, of course. It is very similar to the ‘Martini Media’
approach (“Anytime,
anyplace, anywhere”) that the BBC have talked about in the past, or indeed the holy
grail of CRM with its “holistic-360°-multiple-customer-touch-points-seamless-experience…”
mantras.

However I think there
are some specific things worth pointing out which came out of the conference:

 

The Brand Everywhere revolution will
not be tweeted

This
is a bastardisation of what @Dave
Wieneke
said at the conference about the mobile revolution. He pointed out,
quite correctly, that the mobile revolution has probably already happened or is
happening. It is not news. You wake up one day and realise it is just ‘normal’
now. The same will be true for Brand Everywhere. So perhaps we shouldn’t expend
as much energy wondering whether this is finally the ‘Year of Brand Everywhere’
(like we did with mobile) and just get on with it?

 

A big change in the role of
‘digital’ within organisations

In
many ways I find this the most practically challenging and interesting
dimension of the transition to Brand Everywhere. Digital Marketing will become
just Marketing. But digital is clearly more than just marketing or e-commerce.
It is customer service, it is market research, it is HR, it is procurement.
Clearly digital is affecting the whole of business (and, of course society and
politics more broadly).

So
what was once the ‘digital’ or ‘online’ or ‘e’ or ‘new media’ department within organisations
will become the entire business. But there are huge challenges around the change in
making this transition across people, process and technology.

Fortunately
that’s exactly the challenge that Econsultancy’s SkillSet
proposition
addresses. Sorry, couldn’t resist that plug… ;)

We
are currently doing some research into the organisational structures that
companies are using to manage digital and interactive channels, how those
structures and teams vary according to business maturity and capability in
digital, and how the structure evolve over time. But to give you a clue as to what the end goal should be, Stuart Handley from Dell,
speaking at our conference, pointed out that their CEO, Michael Dell, has
mandated that every single one of Dell’s 100,000 employees should be trained in
social media. Social media shouldn’t, in the end, belong in one department – it
is everyone’s job.

 

Open APIs for content

I
mean ‘content’ in its broadest sense, including games, apps, data,
services, virtual goods etc.

Stephen Dunn, Head of Tech Strategy at
The Guardian, gave a great talk about the future of data and ‘open content’. Of
course, The Guardian Open
Platform
, is one of the best examples of this in action.

The
point is, that if we are to achieve Brand Everywhere-ness, then we must open up
our content, data and services to make this possible. If we are to atomise our
brand across the entire web, to become a federated brand, then we will need the
tech infrastructure, and accompanying processes and analytics, to make this
possible.

We’ve
had Tesco talk about their API
at previous events of ours – an interesting example of a large retailer opening
up its data and product content. However, the example I really loved from our
event this week came again from Alex
Gisbert
which is from Best Buy, the world’s largest consumer electronics
retailer who have a reputation for being forward thinking in digital. Go and
have a look at BBYOpen – if nothing else just
watch the video they have there which explains very well the concept of
openness and APIs. Inspiring stuff and very important for Brand Everywhere.

 

The internet of things

You
might well have come across the buzz phrase ‘the internet of things’ by now.
The idea that physical objects can have digital identities and be part of the
internet just like people or content.

Andy
Hobsbawm, founder of Evrythng, among
other, er, things, gave a great presentation on this topic. If you take the
Brand Everywhere concept and apply that to physical objects which could be
anything from shoe, to food, to white goods, even guitars (as per the example
Andy gave in his talk) that are themselves internet-enabled… then things get
very interesting and exciting indeed.

 

And finally… my favourite quotes
from the day

Following
are just some soundbites from the Future
of Digital Marketing
conference this year that I loved:

  • “We need to turn ‘Like’ into Love” – credit to Claire
    Higgins
    at vtravelled.com
  • “Sideways Traffic”
    as web traffic that doesn’t come in through the homepage (over 33% of
    Expedia site visitors don’t see the homepage) credit to Alex Gisbert at Expedia
  • “Service is the new
    advertising” – also from Alex
    Gisbert
    at Expedia
  • “Data ages like
    wine, applications age like fish” – credit to Stephen Dunn from the Guardian who
    in turn took it from James
    Governor
  • “Veg 2.0” to
    describing vegetating in front of the TV except with a “companion device”
    (like a tablet) to do interesting social/interactive stuff – credit to Anthony
    Rose from tBone
  • “The Facebook of
    Things” to describe the way physical objects could have an internet
    existence of their own – credit to Andy Hobsbawm of
    Evrythng
  • “Product Relationship
    Management” as a whole new take on CRM once objects exist online – again
    credit to Andy
    Hobsbawm
    of Evrythng

 

 

Enchanted objects – the new idea?

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