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The Competitive Advantage

tag: management

February 25, 2016

The Mobilization of Marketing… what’s the rush?

leecorsoAlong with topics like ‘inbound marketing,’ ‘growth hacking’ and ‘social media,’ the ‘mobilization of marketing’ has been one of the most written-about topics on most of the marketing blog sites and portals for some time.

So, with “everyone” accessing the internet for from their mobile devices, shouldn’t we be doing everything we can to move our marketing initiatives to align with that? Not so fast, my friend! (with props to Lee Corso of ESPN).

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December 30, 2015

Top 10 Blog Posts & Articles of 2015

Top10As 2015 draws to a close – and we put a wrap on another year of content – I thought it would be interesting to look back at the year and highlight our top 10 blog posts & articles… those that generated the most likes, views and comments.

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December 8, 2015

To Be Really Successful… Try a Little ‘Negative Thinking’

rose2Part 4 of the ‘Retreat Series’

It’s that time of the year when most firms are working (some might say ‘scrambling!’) to finish their 2016 Marketing & Sales plan. Setting lofty goals… thinking about opportunities for growth… considering the possibilities for success. All good stuff!

But I submit that you’ll create a more focused plan and achieve even greater success if you think ‘negative.’ That is, in addition to the opportunities in the marketplace, also look at your business through the lens of the problems and the challenges you face.

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November 24, 2015

Why are Firms Afraid to Specialize?

afraid1Part 3 of the ‘Retreat Series’

Prior to our first corporate retreat a few weeks ago, I conducted a survey of our current clients, as well as some of our past clients. One of the questions I asked was, “What, if anything, do you think makes Harpeth Marketing unique?”

Across the board, they all said the same thing, “… your focus on the market research industry.”

Now, we’re obviously not a market research provider, but as I look across the MR landscape, I see four primary areas where [a few] research firms tend to specialize:

  • By the vertical industry(s) they serve (e.g. specialists in the automotive industry)
  • By the specific methodology(s) they espouse (e.g. qualitative specialists)
  • By the application(s) of MR (e.g. focused on patient satisfaction research)
  • By the market segment(s) they serve (e.g. conduct research on children and teenagers)

So, with all of these opportunities, why are the vast majority of MR providers generalists? Why is their business model to provide a wide variety of services to a wide variety of client types?

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November 18, 2015

Are you setting your goals the right way? Think “actionable goals.”

goal1Part 2 of the ‘retreat series.’

At our first corporate retreat a couple of weeks ago, setting goals for 2016 (and beyond) was one of the things I focused on. But I went about the process a little differently. Let me explain…

By now. We’re all familiar with the SMART method for setting goals. That is, goals should be Specific, Measurable, Attainable, Relevant and Time-framed.

As an example, a SMART goal might be “to increase annual revenue by 15% in 2016.” It meets all of the SMART criteria. The trouble is… YOU don’t have control over revenue… your clients and prospects do. But in the goal setting process, this is where most people stop.

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November 11, 2015

Get Away, Part 1: 5 Key Lessons Learned at our First Corporate Retreat

corporate retreatI just got back home after two days in the woods… at Harpeth Marketing’s first-ever corporate retreat. Our goal was to think through and discuss the direction for our firm in 2016 and beyond.

OK – in full disclosure – the assembled group was made up of just me! [So, for all of you independent consultants and small shops – you, too, can do this!] And like every other corporate retreat I’ve been involved with, there were flip chart pages taped all over the walls, good ideas, bad ideas, some yelling and arguing (even alone, saying things out loud is really helpful)… and a cold adult beverage (or two) to wrap up the day.

It was a very productive couple of days… and I walked away with a clearer vision and direction for our business. I also walked away with some thoughts about how to get the most out of these kinds of gatherings (especially for smaller firms)…

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October 13, 2015

You can’t be “half-ass” about marketing and sales.

half2I had a conversation last week with a sales prospect… he was the co-founder of a firm with about 20 employees. Actually, it was the last of several phone calls and email exchanges and I was calling to find out if he was going to accept the proposal I had sent to him. He didn’t.

He said that, rather than outsource to us, he was going to have one of his employees “take care of” sales and marketing… in addition to continuing to work with and service clients, which he does now.

I’m gonna let that sink in for a minute.

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October 6, 2015

Integrated Marketing: Getting Maximum Impact from your Marketing Tactics

Imagine you work for a small-to-mid-size firm with a small – but active – marketing program. You have a solid website, you blog weekly, send out a monthly email blast, post to social media daily (LinkedIn and Twitter) and even produce a webinar once each quarter. Pretty good stuff!

But here’s the thing… if all of those tactics are not working together, you might not be achieving the kind of results you could be. For example…

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