Abiah is an award winning brand strategy and full service marketing firm that helps mid-sized businesses uncover and leverage what makes them unique to become the recognized leader in their market segment. Find out more about them and take the Brand Alignment test at http://www.abiah.com or call them at 866-982-2424.
As you pull out your spring and summer clothes and create that annual
pile of stuff to get rid of, please keep in mind those in your
community who would love to have what you no longer need. There are
homeless shelters, women’s shelter’s, and teen shelters that will
appreciate your gently worn clothing, especially clothes appropriate
for work. Please share your bounty with them.
Give some thought to how the competition is doing and where you stand
in comparison. Are you still ahead of them? By how much? What changes
are going on with your target market? What’s happening in society that
could impact you?
Time to wake up from that long winter’s nap and get going before your rivals speed past you.
What’s that? They’re already gaining? This issue arrived in your mailbox just in time…
Is your brand in trouble?
It’s no secret that American auto makers have been in trouble for
years. Yet the recent news that Toyota sold more cars in the first
quarter of 2007 appears to have been a surprise to General Motors.
Here are 3 key reasons Detroit has suffered for so many years. Watch
for these symptoms in your own company and take action to prevent
spiraling downward.
They refused to pay attention to external news
We each work hard all day and the last thing we want to do is think
deep thoughts at night, yet you ignore the news at your own peril. GM
and the other American car manufacturers apparently didn’t learn their
lesson in the 1970s and again were caught not paying attention to news
reports. They ignored stories about the aging population and the
continuing rise in healthcare costs. They ignored stories of trouble in
the Middle East and how that would impact oil prices and consumer’s
auto choices. They ignored stories that signaled a change in consumer
behavior and a move toward environmentally friendlier products.
Important research data that impacts your company and its offerings is
all around you for free or very low cost. You can tune into it every
day at 6pm or 11pm, or pick it up at the coffee shop for 50 cents.
Refused to pay attention to the internal news
In the Tony Award winning musical The Wiz, Evillene, the Wicked Witch
of the West, sang a song with the line “Don’t nobody bring me no bad
news.” Most of Corporate America sings that same song every day.
Do you or other leaders in your organization refer to those who bring
you bad news as “negative” or tell them they’re not “team players”? As
leaders rise in an organization it gets harder to hear information
contrary to our own opinions. As much as we want to think every idea we
have is brilliant, that’s just not true. We need to hear the honest
opinions of staffers and if they have important negative information to
share they need to believe they won’t be punished for bringing it to
light.
Refused to face facts
As Detroit faced lower sales volume and increased overhead costs,
changes weren’t made in how the businesses were run. That led profit
margins to shrink.
If your company has a “this is the way we’ve always done it” mentality,
you are creating a rigid environment rather than a flexible one that
would allow the business to make changes as quickly as needed.
Another danger sign is not investigating return rates or complaints.
That information can provide you with a goldmine of data that could
lead to modifying your offerings to do a better job of pleasing the
customer.
Your next step(s): Start plugging in to the local and world news.
Investigate how you can create a more open culture in the organization.
Head over to http://www.abiah.com/brand_test/intro.html and take our
Brand Assessment Test to get a picture of how your brand is doing.
About Abiah
Abiah is an award winning brand strategy and full service marketing
firm that helps mid-sized businesses uncover and leverage what makes
them unique to become the recognized leader in their market segment.
Find out more about them and take the Brand Alignment test at
www.abiah.com or call them at 866-982-2424.
Stuff our lawyer makes us say:
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