Archive for the ‘Uncategorized’ Category

3 Steps to the Sales Pitch: Leading With You

Tuesday, March 13th, 2012

By Chris Donaldson

If I knew anything about boxing, I might say that you play to your opponent. You study his moves. You examine his strengths. You look for weaknesses. You know opportunity.

But I don’t know anything about boxing. What I do know is that most sales and marketers don’t lead with the ‘you’, they lead with the ‘me’. Take a look at your marketing and sales materials, especially your Powerpoint. Are you leading with the ‘ALL ABOUT ME’ verbage? The ‘What I do’ and the ‘Clients’ page? The blah blah blah?

If you are, you’re opening yourself up to getting whacked. Why?

Because your potential customer cares very little about you. Yeah, they want to enjoy your company and listen to few war stories to measure credibility, but what they really want to hear is ‘What have you done for me lately?

They want to know how your solution fits their problem. Then, how long will it take. Then, how much will it cost.

Try this:

  1. Look at the nearest piece of your sales/marketing collateral. Hey, your homepage will do. Count how many times ‘You’ appears in the first few seconds of reading. If ‘you’ doesn’t appear, or isn’t at least implied, chances are you’re talking about yourself again.
  2. Try turning your Powerpoint presentation upside down. Take the last few slides and push them to the front. Open with ‘The Solution’ and close with Who We Are and How We Can Help You.
  3. Keep changing it up: try different approaches with different people. Practice audacity and boldness a good percentage of the time – people love differentiation.

And, of course, make the calls. Outreach is the important part. Your customers (or lost prospects) will tell you what they want to hear.

Chris Donaldson is a frequent contributor for Schmoozd, an event management company that serves a passionate community of culturally-connected people who are seeking an alternative way to socialize and network.

The Business of Happiness

Friday, December 2nd, 2011

By Henna Merchant

We are all in the business of happiness, no matter the means. We make our daily living by serving others and delivering value to others.

Most of us know this regardless of education or experience, but as someone who operates a service-based business, my job is to help others be aware of it and optimize their assets to their fullest gains.

Our respective success ultimately depends on the extent to which we connect with others, and how skilled we are at establishing and maintaining relationships. This is nothing new. It is our personalities that we leverage to achieve relationships, and successful brands and companies are run by genuine people who practice this standard of communication.

One of my mentors, Rohit Bhargava, Senior Vice President of Ogilvy Public Relations Worldwide, a genuinely nice person (and quite brilliant, if I might say so) is on the verge of launching his second book titled “Likeanomics,” the premise of which is that relationships are based on real interactions, with personality and humanity.

Prior to this book, Rohit wrote (and disclaimer: I was formerly his publicist on this one) Personality Not Included, a practical guide for brands on how to communicate with their publics and build successful relationships. As a persuasive communications practitioner, I mention these books because the concepts are powerful and they have helped me better serve my clients and also everyone else in my life. And they offer a great reminder: that we are all in the business of happiness.

Henna Merchant is the Principal of Clicked :: Digital PR & Marketing Communications, an agency that combines digital influence, social and traditional media, public relations and marketing to produce a persuasive communications mix.

Branding (part three of three in a series on branding)

Friday, April 8th, 2011

By Adam Mefford

We’ve been looking at design and branding from the angle of entrepreneurship. First we saw that the core of branding is having a coherent strategy. Next we looked at the planning behind an identity system and how this framework extends the character of the business.

Now let’s talk about design as execution. This means translating your identity system into the materials your business needs.

Once you have a well-planned identity system to work from, you can dismiss your top-dollar, strategic designer and hire a student intern for around $20/hour. If they have experience with the basic craft of design production, they will be fine at implementing the guidelines of the system. Your responsibility now is to give the intern the files from the system, (fonts, logos, color palettes, etc), along with the content and copy they need to populate your marketing materials.

In allocating your resources towards design, try and cover all touch-points of your business evenly, rather than blowing a lot on a single project, such as an overly-fancy site or business cards. It’s about the total impression—gaps cost more than flashy highlights earn.

Building a brand is about details in service of the greater vision. You must attend to both equally and always.

Adam Mefford is an alumni of Art Center College. He is presently launching a platform for entrepreneurship in Los Angeles known as Currency. Please email contact@currency.cx for more information.

Branding (Part 2 of 3)

Friday, March 4th, 2011

By Adam Mefford

(part two of three in a series on branding)

Last month I wrote about the most critical element of branding: a clearly articulated strategy for the business. Now let’s look at design, which is how most people think of branding.

Ideally, the product or service blends with the intangible meaning of a brand. The brand comes across as one unified, magical experience—hitting on all levels of body, mind and imagination.

In design training for branding, creative students develop systems to define aesthetic choices for composing and executing the assets of a company. This particular challenge is very specialized and appeals to a small percentage of creative designers.

At the start of your project you need one of these people to work with you on an identity system for your business. This translates your group character and strategy into specific criteria for designing the required materials.

Hiring someone with experience is worth your money—I’d recommend spending no less than $4K. You need a unique set of assets that will endure for at least five years and accommodate all future areas of design.

The goal is for your materials to give a sense of the logic and purpose uniting everything you do. This builds momentum and trust, and leaves a lasting impression on customers.

Adam Mefford is an alumni of Art Center College. He is launching a platform for entrepreneurship in Los Angeles known as Currency.

E-mail him at Adam Mefford

Branding (Part 1 of 3)

Friday, February 4th, 2011

By Adam Mefford

(this would be the first of three installments on the function of branding, brand design, and execution)

The term ‘brand’ is often misused in my view. As an entrepreneur and designer, I’d like to share that a brand is not the visual impressions of a company.

A brand reflects the clarity of the intent of the organization in total. When someone really understands something, they are able to share it succinctly, without a lot of pretense. This is the nucleus of strong branding.

Think of the difference between Japanese cuisine and Chinese cuisine – one relies on the purity of the ingredients, the other adds colors and sauces.

If your goal is to enjoy the benefits of a clear voice for your company, get your base ingredients in order before you begin to cook, so to speak. Understand your mission, your audience and the level of play relative to your competitors, and then prioritize your message around the change you intend to bring to the market.

A well-designed brand serves the intent of the business by translating these few key messages across the range of impressions made as the business functions. But without connecting these key messages to the strategy and intent of the business, the best design in the world won’t be able to build positive inertia in the minds of your audience.

Don’t rely on design to make-pretty an unintelligible strategy. Get your goals down and next month I’ll share how to get what you pay for in the area of brand design for young companies.

Adam Mefford is an alumni of Art Center College, where he founded MINT, a community focused on creative entrepreneurship.

E-mail him at Adam Mefford

No Permit, No Value

Thursday, September 2nd, 2010

Property Owners wanting to do improvements are always asking us if acquiring building permits is really necessary.

Let’s take a poll: Raise your hand if you can actually park two cars in your garage. Closet anarchists are we? As if it’s anybody’s business what you do on your own property, right?

Wrong! In boom years gone past, even the malicious whistle blowing of a jealous neighbor could be hushed with phrases like “pre-existing condition” or “grandfathered- in”. Upon selling the house, a good broker would list only the legally permitted square footage then work multiple offers over the asking price due to the “bonus second story master suite” or the “backyard editing studio”. With an interest only, stated-stated loan, escrow would close long before anybody asked the City’s Building and Safety Department for permit records.

These days there is a new whistle blower and it’s the LENDERS! BMR recently represented a Buyer in the purchase of a home near Griffith Park. In order to comply with new Federal underwriting guidelines, the Seller had to remove an unpermitted guest house from the garage and drywall over the staircase leading up to the unpermitted bedrooms in the attic. Not only did her house just shrink by HALF, but it cost her $8,000 out-of-pocket and three weeks of despair! Lenders are now more liable than ever for the integrity of the properties they finance and with their capital so severely limited, they will find unimaginable reasons not to approve a loan. Do you want to be stuck hanging upside down in your property for the next
decade?

Consult with licensed professionals to permit your projects and always seek to justify even the most indulgent improvements by their market value.

BMR Enterprises is a real property firm based in Los Angeles with general
contracting and real estate sales licenses. Our team draws from extensive experience in architectural design development, construction, real estate brokerage, syndications, and financial analysis to develop creative and thoughtful real property solutions that enrich our clients’ homes, businesses and lifestyles.

Twitter Is A Dream Come True For Brand Awareness

Tuesday, August 10th, 2010

It is undeniable that Twitter has quickly become a mainstay of social media alongside Facebook. There are many key reasons for its popularity and its rise in popularity, like the simplicity, micro-blogging platform, and mobile application. Twitter’s growth is astounding; in April 2010 they released some of their statistics including over 105 million registered users, 300,000 new registered users per day, and 180 million unique visitors per month. Simply said, people are spending their time reading tweets and making tweets.

Businesses are now realizing the potential of creating brand awareness on Twitter as people continue to shift their attention away from traditional forms of media. If managed effectively, companies can use Twitter to reach a large, targeted audience regardless of industry. A presence on Twitter allows companies to be found by users searching for their products and services because they can actively attract potential customers by providing useful content and information.

Twitter provides a platform that allows businesses to find targeted prospects, then engage them by providing relevant information and through direct, real-time conversation. Twitter makes it easy for us to help our clients manage relationships with new prospects and existing customers. This is much more powerful than one way marketing of yesterday. This new interactive marketing allows a dialogue that can help match the needs of the consumer and the benefits being offered by businesses.

Vince Yuen founded TweetsByUs, a Twitter & Facebook management company, after experiencing the benefits of social media in creating brand awareness and driving traffic to a site he co-founded, toptentopten.com. Since then, he has been constantly learning about how social media marketing works and how it is evolving. He holds an MBA from the Rady School of Management at UC San Diego and a BA in Business Economics from UC Santa Barbara.

The Importance of Keyword Research for SEO

Tuesday, July 13th, 2010

As many of you probably know, having your website optimized for search engines is a crucial component to generating more traffic. One of the building blocks of successful SEO is conducting proper Keyword & Competitor Research in order to identify which keywords you should be targeting. If you conduct your Keyword & Competitor Research correctly, you can find out which keywords your potential clients are using to find your business online. You can also discover which keywords your competitors are targeting.

Getting started with your Keyword Research is easy:

1. Brainstorm 10-20 words that you think your consumers may type into the search engines when looking for your product and/or service.

2. Go to the Google AdWords Keyword Tool and enter them in.

After you submit your keywords, Google will let you know approximately how many searches are conducted for these keywords. They will also provide similar keywords that people are searching for… which may also be ones that you hadn’t even thought of! By figuring out which keywords people are actually searching for, you’ll have a better of idea which keywords you should target for your website.

To learn more about how to identify lucrative keywords for your website, join us for SEO for Everyone: Highly Relevant Keyword & Competitor Research Bootcamp.

3 Money Tips for Entrepreneurs and Self-Employed Workers

Thursday, June 24th, 2010

So you’re working on the next great Web 2.0 startup, or you’re finally shedding your corporate past to work for yourself. You spend all your free time thinking about your business, how to get more clients, and even dabbling in SEO. Well, let’s take a few minutes to make sure your financial house is in order. Here are 3 simple money tips for entrepreneurs, self-employed workers, or anyone going through a career transition.

1. Don’t invest your rent money

If your income is not stable yet and you expect to dip into savings to
pay rent or other living/business expenses, that money should not be
invested in the stock or bond market. Any savings you expect to use
within a year or two should be in very safe, “cash” investments. We’re
talking about the boring stuff here: savings accounts, CDs, and money market funds. You’ll need the money soon, don’t gamble it away.

2. Consider a Roth IRA conversion

If you expect your income to be unusually low this year because your
business is not yet making Zynga money, or you’re just getting started as a consultant, you may be an excellent candidate for converting your old IRAs and 401k’s into a Roth IRA. By converting, you would be prepaying your taxes this year, when you’re in a low bracket, instead of paying them later, when you return to a high bracket. Obviously, many factors go into this decision, so consult a tax expert.

3. Contribute to a small business retirement plan

Once you start making a decent income, saving on taxes becomes a high priority. As a business owner or contractor, an easy solution is to
set up a small business retirement account, like a SEP IRA or
Self-Employed 401k. Your contribution limit depends on your business income, so you may even be able to contribute more than you did with your old corporate 401k. Take a look at Fidelity’s comparison chart to find the right option for you. And if you’re still working a job while starting your business, you may be able to contribute to the small business plan on top of your plan at work.

Edwin Choi is an investment advisor and owner Mariposa Capital Management. Prior to starting Mariposa, he spent several years as a portfolio manager and trader with Merrill Lynch in New York. Subscribe to Mariposa’s quarterly newsletter at http://www.mariposacap.com/join-our-mailing-list/

Is Twitter a Presenter’s Nightmare or a Dream Come True?

Wednesday, June 23rd, 2010

Sharing your ideas with an audience can be challenging enough. Doing it in the age of Twitter—when everything you say can instantly be broadcast to a potential audience of far greater numbers—can be downright daunting.

But just like PowerPoint, Twitter is a tool that can be used for good or for bad. To use it for good, start by thinking of it as a means of engaging your audience before, during and after your presentation:
Use Twitter beforehand to research your audience and solicit case studies and challenges they face.
Use it during the presentation when you take Twitter breaks, to answer questions and get a feel for the temperature of the audience.
Use Twitter after your talk to follow up on open items and keep the conversation going. Because you can make a record of all of the tweets your audience has made during your talk, this “Twitterstream” is a goldmine of audience feedback, showing you which of your ideas and techniques were a hit, and which ones were a miss that you can then revise for the next time.

You can best manage the change to the audience-speaker dynamic that Twitter has introduced when you embrace Twitter, and guide it to become the dream come true that it has the potential to be.

Cliff Atkinson (@cliffatkinson on Twitter) wrote the bestselling book Beyond Bullet Points (Microsoft Press, 2007). For more on how you can effectively engage audiences who use Twitter, see his latest book The Backchannel: How Audiences are Using Twitter and Social Media and Changing Presentations Forever (New Riders, 2009), and the companion website at www.backchannelbook.com