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Showing posts with label solution. Show all posts
Showing posts with label solution. Show all posts

Monday, June 26, 2023

Step out of the spotlight

 




When Alexis reassures David by telling him "People aren't thinking about you the way you're thinking about you" on an episode of Schitt's Creek, she accurately describes the spotlight effect.

What's true for individuals is even more true for businesses, especially B2B brands. The people working within them see their own spotlight and believe that their company news carries the same weight for the world at large as it does for them.

If you are one of those people, then it's time to snap out of that delusion and stop embarrassing yourself by assuming all applicants and new hires should have heard of your company before they tried to get a job there.

Why should they when they're not even your target customer? Remember: when your services are sold only to other businesses, your offerings are completely irrelevant to individual consumers.

There's absolutely no reason why an individual would be following your little startup and thinking about you the way you think about yourself. Even if you make it to unicorn status, that won't make you stand out among the thousands of other unicorns out there.

And as for those businesses that may have heard of you because they saw your represented at a trade show or they saw your ad, that doesn't mean they're just dying to hear all about your struggles and triumphs.

All they're really interested in is what you can do for them. So if you just go on and on about your accomplishments, you will not only fail to impress your audience, you will likely lose their attention altogether.


Brands fall into that mistake of playing the hero of the story they present because they have that skewed perspective of seeing themselves at the center of everything. But effective marketing is about allowing your customers to be the heroes.


Who’s the hero in your marketing story? 


A few years ago, I interviewed Ken Rutsky, author of Launching to Leading: How B2B Market Leaders Create Flashmobs, Marshal Parades, and Ignite Movements, about what what goes into successful B2B marketing. One of the biggest misconceptions people have, he said, is that all they need is the right tech. 

While tech does indeed play a role in data-driven marketing, Rutsky considers it only one third of the story. And getting the story right is actually the key thing in effectively connecting with B2B customers, just as it is for B2C customers. 

From the tales of Homer to comic books and films like Star Wars,  and even Disney’s Moana, stories of a hero’s journey remain persistently popular. Rutsky credits Joseph Campbell’s 1949 book The Hero with a Thousand Faces, for breaking down the steps involved in such stories. 

Rutsky quotes Campbell’s summary of the journey story on p. 95 of his own book: “A hero ventures forth from the world of common day into a region of supernatural wonder: fabulous forces are there encountered and a decisive victory is won: the hero comes back from this mysterious adventure with the power to bestow boons on his fellow man.” 

In his own words, Rutsky described it as the hero’s perilous journey far from home to bring “a magical gift” to improve his own world. Such stories are a great way for marketers to present a product or service that will solve a persistent problem for the business customer. And they often do so, but what they tend to get wrong is the casting of the hero. 

“Don’t make the product the hero,” warns Rutsky. “Make the customer the hero.”


A young Arthur pulling the sword out of the stone in Disney's animated movie.



While it is very tempting to give the starring role to what we’re selling, you must resist that temptation. Consider what's of greater interest to your target market and how story lines typically play out to audiences. In narratives of  legends, we're not nearly as interested in the engineering of Excalibur or  as we are in the hero who manages the wield its power as the rightful king.

What is of interest to the audience is how they can use your products and services to solve the problem. They take on the role of the hero, thanks to the magical sword that will enable them to slay the dragon. Or they will be the CMO that is able to deliver targeted campaigns via the real time data updates that come through your tech solution. 


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Related:

A Matter of Degree

7 Habits of Highly Effective Marketers

Thursday, July 14, 2016

A digital strategy for growth in the biotech sector

QIAGEN is a German life sciences and diagnostics firm that has customers in more than 100 countries. Given the trend toward e-commerce in the biotech sector, which has emerged in the past few years, it became clear to the company's management that future growth called for a digital strategy that included online self-service.
To achieve that goal, the company partnered with TCS and used SAP Hybris solutions to design, engineer and launch a new global Web shop. The shop plays a central role in allowing QIAGEN to effectively serve its customers, according to  Florian Wegener, head of eCommerce.
- See more at: http://www.baselinemag.com/networking/web-shop-enhances-customer-experience.html#sthash.kaDE8mSn.dpuf

Wednesday, January 21, 2015

Device to diminish driving while drowsy or distracted

Like the directive to buy low and sell high to make money in the stock market, the principle of keeping your eyes on the road to be safe when driving sounds simple but remains elusive. With countless distractions and our own tendency to drive while sleep deprived, many of us fail to give driving the full attention it deserves.
Fortunately, analytics technology offers a solution to alert drivers when their attention wanders. Read more in 

Realtime Data Targets Drowsy & Distracted Driving

Monday, May 6, 2013

Google contributes to the big data battle against human trafficking


When we think of slavery, we think of something that has been eradicated from modern civilization. But the fact remains that nearly 21 million people around the world are effectively enslaved.
Despite being illegal, human trafficking flourishes as a $32 billion industry that is abetted by sophisticated use of technology. The hope is that technology can also be used against the traffickers in the form of big data solutions. Read more in Fighting Human Trafficking With Big Data