Category Archives: Marketing

What a small hardware store owner can teach you about creating value

Pepe PaezPepe Paez is a technologist with a deep enthusiasm for marketing strategy. With more than 10 years in the software development industry, he keeps a strong understanding of technology that goes where he goes and is part of his signature in new projects. Most recently, his interest and expertise revolves around Pricing Strategy and overall Strategic Marketing, where he tries to disrupt thinking by going back to basics.

He likes to spend his time between finding new things, being silly with his family and trying to actually enjoy a yoga class. You can find Pepe on Twitter, LinkedIn or email him directly pepe@obsidian.mx

The importance of understanding value

Don Roberto is the owner of a small hardware store in northern Mexico, on a whim he decided to buy a few pallets of wood boards from a wooden pallet facility near Asheville, NC; after a couple of weeks he noticed customers were not buying any of the boards because he bought them at regular retail price. His was deemed too expensive.

At this point in the story, what would you do?…

PlayStation’s Immortalization Strategy leverage’s social media’s strenght

This gave me Goose Bumps! No really it did. That’s because I’m a gamer and loyal PlayStation owner. I empathized with this video immediately. I know almost every single character in that trailer and it gave me goose bumps watching them all interact.

This is AWESOME!

Long Live Play is PlayStation’s new campaign aimed to celebrate YOU the gamer:

Long Live Play honors gamers from all walks of life and recognizes you for making PlayStation who we are today.…

How to get your ideas heard

We all have different creative styles, we all get our ideas differently. But what will set you apart is how you communicate them, that means not just verbal communication but visual presentation.

This isn’t a new idea, but in a world where people still like to sit down and discuss things before doing them, taking the initiative and coming up with a mock-up or prototype will go a long way in getting people to hear and experience your pitch.

I read this article in fortune magazine where it states that you should let your boss take the credit for your ideas but not your peers. But there’s a point not examined that’s getting your ideas heard first.

How do you do that?…

The customer/client is rarely right

We have a client in the in the personal finance industry that helps people get out of debt providing good credit repair services and for the past two months we have been managing and executing their social media strategy.

Part of this strategy is defining the content, branding and overall message you want to convey. This is key because it helps people determine what you stand for. At the beginning we told the client that his business had the perception of being a fraud. With so many businesses that claim to help one get out of debt we weren’t surprised.

Anyways, in order to break that pattern we decided that we would post only useful ‘how to get out of debt’ (not the type that’s on ezines) content through Twitter and Facebook, which is generally browsed by in debt people looking for how to make 2000 fast. My client did not agree with this idea, they wanted to post financial news (obvious to everyone else) from reputable sources. News that keep confirming how the world is going to end because our economy is still in the rut.

They think this is what people will be interested in reading. Well bo-ho! I questioned this assumption and fired back that people are already aware of this since there isn’t a day that goes by that we’re not reminded of it. Should we create more noise?…

Lessons from a crowdsourcing experiment

One of the great things about social media is that it gives organizations the capability (if they choose to) and advantage of co-creating new products and services with their customers.

About two years ago I persuaded a client to experiment with crowdsourcing. At the time my client, The Jumpitz Corporation, was setting up their social media presence and they had a huge offline following. Plus Valentine’s was coming in a few weeks.

They asked me how they could bring all their fans online and create some good old word of mouth.

I suggested we try crowdsourcing.…

Please understand me. I want you to

please understand me

I have a few friends who are looking for a job and have been for a awhile. They use digital means such as Linkedin, Simply Hired, Monster to find jobs as well as network with people. This process takes a lot of time, but the biggest problem is they still live with their parents; and the parents are fed up with it.

They’ve even told me their parents want to take their computers away because they think finding a job through the internet is dumb. They say they should job hunt the old fashioned way by going door to door. Say what?

It’s ironic because recruiters are changing their employee-hunting tactics to focus more on online:

Rather than sift through mounds of online applications, they are going out to hunt for candidates themselves. Many plan to scale back their use of online job boards, which they say generate mostly unqualified leads, and hunt for candidates with a particular expertise on places like LinkedIn Corp.’s professional networking site before they post an opening. As the market gets more competitive again, they are hiring recruiters with expertise in headhunting and networking, rather than those with experience processing paperwork.

I’m not saying the old fashioned way of job hunting is wrong, it’s just that parents fail to understand how the internet is changing how we do most things;  including job hunting. Why this disconnect?

Because of ignorance. They don’t take the time to step into our world and see what we see. This same principle applies to understanding the world of both our customers and employees.

Why is this important?

Step into their world

I recently argued that CEO’s should use social media because they need to get an intimate feel for the tools their customers and employees use to communicate instead of leaving it up to their lieutenants to figure it out. If they don’t experience these tools firsthand, they’ll never get the visceral experience of how these tools are really used in the front lines.

I don’t know about you but I like to experience things first hand and get an intuitive feel for them because it’s the only way I can understand how others might use, react, behave, etc.

Your customers want you to understand them

Point: The only way to understand what customers (our children) are thinking is to put ourselves in their shoes and step into their world. Look at the world from their eyes. We have to close the gap between their world and ours if we are to understand and help solve their problems in a better way.

How do you do that?

Easy.

Observe, notice, ask, listen, repeat.

 

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What business are you really in?

It’s not the most obvious one.

Do you think Zappos is in the online retail business? Not according to Tony Hsieh:

 

Because they’re in ‘the stories & memories business’ they operate differently than traditional retailers. In their eyes they don’t compete with Amazon, they compete with the Ritz Carlton.…