Monday, November 22, 2010

China to eat 20% of World's Energy by 2035.

A recent report from the International Energy Agency states that China will consume 20% of the world's energy demand by 2035. This is driven by a 75% jump in consumption from now until 2035. The question is how does Alberta and it's resource based technologies and services start, and in some cases, continue to approach this dominate market.

Many firms are afraid of China as it is too big and expensive. The flip side to this argument is that it is not going away, and it will be even tougher to get in and make a difference if business waits 10 years. So start to explore, find trusted counsel in Canada, make a few trips and see for yourself. The future in many ways is in dealing with China and the future is now.

Friday, October 29, 2010

It's Time For A Little Humanity

I believe that the world of screens that is upon us, be it TV, smart phone, computer, you name it, is leading to a distinct lack of people with the ability to hold a personal face to face conversation. I also believe that this is one of the biggest issues in the marketing communications world going forward, as digital grabs a firm hold of the tool kit being used by the industry. This almost single minded focus on interactive in a digital sense, I believe leaves a huge opportunity for interactive in the human "face to face" sense.

I for many years have been a huge proponent of experiential marketing and think the work being done by firms like Momentum and Jack Morton, just to name two I am personally familiar with, is outstanding and a real difference maker in building relevant brand relationships. To me those marketers that engage all the senses of the consumer, in an impactful experience, will win the day over those that just choose to digitally interact with them. Success in building relevant brands comes with striking a balance between digital and human interaction.

So I could not agree more with the following quote from a recent article from McKinsey. "Many retailers assume that customers walk into stores for purely transactional purposes: they know what they want and just need to buy it. Yet McKinsey research indicates that as many as 40 percent of customers remain open to persuasion once they enter a store,despite undertaking extensive product research, reading online reviews, and comparing prices on their own." Just think back to your in store experiences in the past few years. Think of the sales people you have encountered and think of how many added any knowledge or insight beyond what you had already uncovered on-line. If your answer is anything like mine then you will find the attached piece from McKinsey worth the short read.

Enjoy the link and don't forget we are humans not machines.

http://www.mckinseyquarterly.com/Rediscovering_the_art_of_selling_2677

Wednesday, October 27, 2010

Video Rules and Brands are Too Agressive in Social Media Down Under

When I ran McCann Erickson China in the mid 2000's, John Gregg was the Strategy Director of our Shanghai office. John returned to Australia in 2006 and recently, as part of his role with Curtin University in Australia, published a research report on social media called the "2010 Social Web Index". I have attached the report below and based on North American studies I have seen, these insights are both supportive and instructive

Many insights come from the report but two in particular stand out to me. The first is the dominant role video plays in people's social on-line habits. Watching video clips on-line is roughly twice as popular as the next closest popular activity; chatting or uploading photos. I know video has become big but this number was huge to me. The second finding that stood out was that 73% of respondents find advertising on-line irrelevant, and 68% believe brands are being too aggressive and disruptive in social media. As I wrote back in July 2010, brands engaging in the social web need to be providing relevant insights or information to people if they want to be welcomed as part of their community, and this Australian information reinforces this point.

The report is very much worth a look at for those breaking a trail in the social media wilderness, as it provides current insights into this rapidly changing marketing communication tool.

Enjoy the link. https://docs.google.com/present/view?id=0AftEgov2gw4AZGMyeGo3NTNfMTlka3duY2pmcw&hl=en

Monday, October 25, 2010

What I've Learned

Yesterday I was in a local Second Cup coffee shop waiting to meet with a client, and I noticed their current  promotional materials talking about after 35 years in the business, they have learned a thing or two about coffee and coffee shops. What stood out to me was the word "learned". "Learned" to me is a great way to say you have credible experience and you have taken some swings in your game (industry) and fouled a few off, had few home runs and even struck out once or twice.

Today we have piles of people saying they have experience at something so it is hardly differentiating to say you have "experience". However the language of "learning" and "learning" over a considerable amount of time implies to me anyway, that one has probably walked the path their client or customer is on at the moment, and what one has to say is probably quite relevant.

So tell people why you are relevant to them. Tell people what you have learned to make you experienced enough for them to spend their hard earned cash on your good or service.

I am Don Norris and in the 25 years I have taken to build the Bamboo Strategy brand, I have learned that hitting foul balls and striking out now and then, means you will hit plenty of home runs in the future.

Wednesday, August 18, 2010

Who Really Cares

As many discuss how to break through in this world loaded with brands, I believe a central point in the discussion needs to be around relevancy. In other words does any body really care about what you stand for at the moment. Many focus on differentiation, as they should. However, creating brand differentiation is like creating brand impact, it can be done quite easily. However, if it is of the wrong kind (not relevant), then you can actually cause more damage than if you did nothing. For example, if I kick you in the groin, I will have made an impact but you won't want to have a relationship with me!

So again, I say business needs to take the time to understand what the people they depend on for success believe is relevant in their lives, and how they believe your brand best fits into these realities. By engaging with your customers and really understanding what drives them, you can avoid kicking them in the groin.

I attach a link to a quick little bit from "go to market strategies" that touches on brand relevancy.

Click here to read.  http://www.gtms-inc.com/tip_brandrelevance.htm

Thursday, August 12, 2010

What Business Are You Really In?

If you have ever been in one of my business courses or seminars, you probably have heard me state that the first thing any one should do when starting a marketing plan, is ask themselves what business are they really in? This may seem obvious to many of you, but often it is too obvious and a real opportunity to step out and relevantly differentiate oneself from the competition is missed.

Think about it this way. Is Starbucks in the coffee business, or is Starbucks in the chill out business? Depending how you answer this question will indicate how you would run Starbucks if you were the boss. If you think they are in the coffee business then the store and the people you hire would be 100% coffee focused. Everyone would be coffee experts, the brewing and espresso machines would be of the highest quality and not focused on speed, just focused on superior coffee. You would not sell anything but coffee, certainly not fruit based drinks, and you would not really care if the environment was comfortable because all you want people to do is buy coffee and not really hang out.


If on the other hand you took the attitude that Starbucks is in the chill out business and just happens to sell coffee as part of this experience, your store would be built around allowing people to let their brains escape from their stresses. You may design an ordering language that is different, one that allows the brain to go somewhere else for the 15 seconds it takes to order a grande, double soy cap! Your staff would be full of unique personalities that just love people. You may even sell music that helps people chill out when they are not in the store.


No matter which approach you believe is best, you can see that determination of what business you are really in, will set the vision of the company in motion. It will determine the type of people you need to employ, the type of products and services to offer, and the style of packaging, store design and promotion to unleash to be optimally successful.

So as you sit on the dock this summer, take a few minutes and ask yourself what business am I really in. It may just open up your organization to a whole new set of buyers.

Friday, July 30, 2010

Again, Do You Know Your Customers?

I recently wrote a blog called "Wow Me." which talked about wowing people by showing you understand how important they are to your business versus just letting technology carry the day. Then a few days ago I came across an article that reinforced the need for business, especially tech business, to become more consumer focused. At the end of the article he provides three simple questions to ask yourself, and if you can't answer them, then your business is not spending enough time and money gaining insight into who your customers are.

The three questions are:

-Who are your Top 10 customers?
-Are they satisfied with what you are doing for them?
-Are you satisfied with what they are paying you?


Please enjoy the read at the link below.

www.financialpost.com/small-business/Customers+companies+best+source+cash/3326066/story.html