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The Missing Marketing Ingredient: Relevance.
http://www.ducttapemarketing.com/article/articles/784/1/The-Missing-Marketing-Ingredient-Relevance/Page1.html
Claire Ratushny
Claire Ratushny is a marketing and public relations communications specialist and writer. Her diverse career in various industries, enables her to share unique perspectives and business solutions for her clients. Claire has held positions in management, purchasing, advertising, marketing and public relations. She is founder of http://www.WriteStrategy.biz, a resource created to assist small businesses with their positioning, marketing and PR communications needs. 
By Claire Ratushny
Published on 09/24/2008
 

Think of it: there are many businesses offering the same or very similar products or services. Prospective customers can purchase goods or services from any competitor, literally anywhere in the world, thanks to the Internet. That broadens the scope of competition tremendously depending upon the industry and business. Marketing is more challenging than it ever was. It takes something more to market successfully now. That “something” is relevance.


The Missing Marketing Ingredient: Relevance.

One of the most daunting challenges small businesses face is how to market them. Having dealt with clients who are principals of their own companies, and having my own business, these are mutually understood challenges.

 

Marketing consultants continue to espouse:

  • Having a marketing plan
  • Defining a strategy and putting tactics in place to achieve it
  • Defining core values
  • Positioning in a unique manner
  • Establishing differentiation
  • Building the firm’s credentials
  • Increasing visibility to prospective customers

 

All of these aspects of marketing are as important and necessary as ever. Yet, today, even if all of these elements are in place, they aren’t sufficient to make businesses succeed. Competition is so intense in every industry, that conscientiously doing all of these things will not get business owners where they want to be.

 

Think of it: there are many businesses offering the same or very similar products or services. Prospective customers can purchase goods or services from any competitor, literally anywhere in the world, thanks to the Internet. That broadens the scope of competition tremendously depending upon the industry and business.

 

Net result: effectively marketing a business, which translates to owning a slice of customer mind-share, is more challenging than it ever was. It takes something more to market successfully now. That “something” is relevance.

 

It’s Always About the Customer.

It’s always interesting to see how businesses market themselves, if not downright amazing. When reviewing a number of businesses’ brochures, marketing campaigns and web sites, it is readily apparent to the most casual observer that their marketing is “all about us”. While it is necessary for businesses to clearly and directly state “who we are and what we do” for the sake of potential clients, it is important to remember that their marketing ought to be “all about the customer”.

 

A web site, for example, can go on and on, page after page, extolling the expertise of the company and its management group; why its offerings are more desirable than its competitors—not to mention lower pricing--its many successes for clients, and to prove the latter, a list of awards the firm has won, ad nauseam.

 

As customers wade through site after similar site, they’re wondering: “So what about me? What can this company do for me?  There’s nothing on this web site that addresses my concerns, my needs.” In other words, are this business’s offerings relevant to me and my needs?

 

This brings us to some questions every business owner must ask:

  • What is it that motivates my prospective customers? What is most relevant to them? Have I asked them?
  • What can I do to add substantive value, service or convenience to my business offerings? Have I asked my customers what they place a high value on?
  • How can my business transcend its basic offerings to connect in a meaningful way to the things that matter most to my customer?

 

When these questions have been answered, and the business owner implements those changes or adds those products and services customers value, what then? Won’t the competition respond and do the same thing? Yes, they probably will. So now what?

 

Many businesses think the answer is to continue to innovate and that by continually improving current offerings, or adding new ones, they continue to add incremental value for their customers. Hence, continued relevance. While that is true to some extent, there will always be competitors that will go one better, so in the end, this is not sufficient, either.

 

The Seven C’s that Make Businesses Relevant and Sustainable.

Long-term relevance makes a business truly sustainable. It comes from a deeply ingrained set of values that go to the heart of a business. Like anything else of merit, relevance has to be constantly worked at and put into practice. Yet, it’s the most important thing businesses can do, since continued brand relevance sharply differentiates one company from myriad others.

 

It also leads to something competitors can’t touch, regardless of price, and that is a higher perceived value.

 

Here are my seven C’s of relevance:

 

  • Conviction. A deep moral conviction at core of the business’s brand, and an unwavering commitment to it. A system of values that are clearly spelled out and adhered to. That conviction consistently aligned with every business decision made, every bit of communication and every touch point.

 

Not only do customers benefit from doing business with companies that exhibit conviction, so do employees. Make sure your employees understand what the company is all about, the direction it is going in and the important role they play in “making it happen”. Remember: they represent the company to your customers.

 

Building an internal team is a vital key to building a successful business. We all need to stop thinking of employees as “units of production”, and think of them as brand builders.

  • Commitment. Taking the time and making it a point to understand customers’ core needs, consistently tuning in to what they value and delivering it. That means asking customers for their honest feedback. In doing this, we can understand the values our customers appreciate, and learn about the areas where we need to improve.
  • Communication.  With all of the means of communication at our fingertips today, it’s amazing that true communication between businesses and their customers is either nil or inconsistent, at best. Is there a customer who doesn’t appreciate a phone call or email when there is an unforeseen delay in delivering a product? Completing a project or repair? Or receiving an update during a lengthy project? Many businesses operate in silence, in a vacuum, when strong communication affords them the opportunity to deepen their relationships with their customers.
  • Caring. In showing the customer genuine empathy and caring, and simultaneously delivering uncompromising service, a true relationship can take root. While competitors may offer the “latest and greatest” and even excellent service, empathy and human bonding will lead customers to your door and keep them coming back again and again. Solicit customers’ honest opinions about your business and learn to accept negative comments as graciously as compliments. Here’s an opportunity to fix problems and strengthen customer relationships. Don’t forget to say “thank you” to the customer for their business. Show genuine appreciation; everybody likes to be appreciated and valued.
  • Crystal clarity. A brand that is not only authentic, but unfailingly honest. The lack of honesty and transparency has plagued many large corporate entities, causing real harm and in some cases, total destruction to their brands; the result of a lack of trust by consumers. Take Shakespeare’s quote in and live it: “To thine own self be true.”
  • Community. Become part of a larger community. Businesses can and should look for ways to become participants in their communities, and to “give back”. Finding ways to conserve energy use, cut down on waste, and donate time or financial resources to worthy causes are always good ideas.  Can you mentor a young person, or several young people, and share what you know? Can you start a blog and converse freely with your customers? Great insights can be gleaned in conversations among friends. Especially if businesses keep the conversation real and honest. If your business becomes woven into the fabric and culture of your local community, it will succeed.
  • Cultural Shifts. Many business owners think if business plateaus or drops, more advertising or promotional activity is in order. But is it really? Are you losing business to competitors because you aren’t engaging in enough marketing activity; or have you lost touch with a rapidly changing culture?

 

For example, if you own a sandwich shop, have you gradually added healthier options for your customers? They are looking for lower salt, fat and cholesterol deli options, multigrain breads, wheat-free, gluten free bread choices. . .are you offering the products your customers are looking for?  Are you giving them locally grown produce in their sandwiches and salads as much as possible? How about giving your regulars their own coffee mugs to fill up, instead of using an excessive amount of paper cups that end up in the landfill? This is where your customers are going; are you going there with them?

 

 

All of the marketing efforts in the world will fall flat unless a business is supported by a unique relevance.

 

Establish your business’s values and then to stick to them. Engage your employees as much as you engage your customers. Continue to adapt to your customers’ needs and deepen those relationships by establishing good communication and empathy with them. Be honest, no matter what. Be transparent. Become an active member of a larger community.

 

Do these things and your business will succeed.

 

 

 

Claire Ratushny is the principal of http://www.WriteStrategy.biz, a resource created to assist small businesses with their positioning, marketing and PR communications needs. Reach Claire at 860-974-1688 or claire@writestrategy.biz.