Thursday, April 12, 2012
The humble promo pen
Wednesday, April 4, 2012
Obvious to you.
Tuesday, October 4, 2011
Margin mud wrestling
I'm currently reviewing the performance of a major consumer good brand in the UK. It's very clear that together, FMCG and retailer companies have created a mighty interesting situation for themselves. In a bid to be number one, either product or retailer, they have price promoted their pants off.
So now they are naked, with only a shred of margin for protection.
In some respects the customer is a winner, with cheaper prices. But combined with private label, the resulting 1-4 brand category leaves very little room for innovative new products and economy-stimulating small business. A similar situation is facing the IT industry. I am all for market forces and pressure to force brands and retailers to innovate, adapt and streamline to be the best. May the best brands win. But as brands fight it out, there's a whole lot of margin being lost with the resulting instability for businesses and jobs.
So perhaps the analogy is less standing naked, shreds tactfully poised and more...mud wrestling.
It would be naive to think that it is an easy thing for manufacturers and retailers to have completely open, honest and productive conversations about what next.
But I think that those that manage these conversations well, will win.
Both sides have smart, customer focused people - if we stopped wrestling, perhaps we could create smarter, more resource efficient businesses that delight consumers. On both sides of the ring.
Flickr image credit: Filippo Venturi
Wednesday, September 28, 2011
A lessen in expectation and passion from Joan Collins (or rather, her audience)
Attending an event at the glorious Theatre Royal Haymarket today, a Master Class with Joan Collins, it was a reminder about passion. And about people.
Funnily enough it wasn't from Ms Collins (who is absolutely an inspiration in terms of determination, pragmatism and traffic-stopping legs at any age!). Rather, it was after, speaking to people involved with the Master Class, the theatre and acting in general. They have their own language, what to me would be famous actors are master practitioners and dramatic practice becomes the craft.
People have enormous, life-dedicating passion to the craft. But if I passed them on the street, or saw them in-store I would type-cast them as an X-type consumer.
It was a vivid, candid and razor witted reminder that people are not defined by their 'type', they are defined by their passions.
I wonder what you find if you ask some of your customers about their passions?
*The Master Class is about to do some even more exciting projects - I recommend you learn more about this very positive organisation supporting London Youth and sign up for updates at http://www.masterclass.org.uk/.
Sunday, September 18, 2011
The bollocks club

Sunday, July 4, 2010
Why is it the inside that matters?

Saturday, June 13, 2009
Are big corporates a big backwater?
I am sure that there are fantastic exceptions to this, such as Google and some retailers such as Boost Juice. But the differences are often stark. These are a few of the most common, and most frightening differences:
1. A sense of urgency – when there are lot of floors between you and a customer, it is kind of hard to hear what they are saying. Same goes with the finance department.
2. Spending – A bank recently accidentally transferred $7.8million to customers. I think a smaller organisation might have noticed the extra zeros.
3. Change – 1 person making a decision is (usually) faster and more feasible than layers of decision maker.
This is not earth-shatteringly new – but I feel that the gap is getting greater, and the risk of disconnecting with the marketplace more so than ever before as web-based or micro-businesses are taking off at warp-speed. I recently had conversations with several well established global consumer brands and realised that for all the budget and talented people, their system was continuing to drive them to do the same research, NPD and promotions that they had done in the past. A little more digital dazzle (if you’re in Kids), but essentially doing the same thing, in the same way, as it has been done since Kotler.
I realised that those brands and organisations that used to be a dream to work for may have moved from being the fast track, to the slow wade.
To get you started on moving back into an entrepreneurial frame of mind, here are a few thought starters:
- Get with the start-up mentality with 13 tips from Paul Graham
- Read What Would Google Do?
- Go to an entrepreurial networking event and start to surround yourself with an alternate mind-set.
- Approach someone you admire in a smaller business, profess your admiration, buy them coffee and ask how they would change things?
- Get a genuine change expert involved.
- Talk to your customers. And I don’t mean do a survey. I mean YOU. Get on the phone or in the store.
- Got some like-minded peers – form a “no to brackishness” group to meet for beverages of some description once every couple of weeks.
- Form an internal group / IM group / forum with these people – and keep the conversation buzzing.
- Stop, and consider what YOU really think. Radical, I know…but there is a corporate group-think.
What have you done to shift your backwater? Even if it is forming a faster channel in the middle, it’s still movement.
flicker credit:farleyj
(27 May, 2009)