Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts

Tuesday, June 19, 2018

Cons, Cogs and Steam



With last week's announcement of Steampunk Con, I have been speaking to a lot of confused and concerned steampunks. What's happening to COGS? Is this a good thing or a bad thing? What should I do? Who should I support?

If you just want to know my quick opinion, I believe that this proliferation of events is a good thing. I expect them all to be successful, fun, exciting events. COGS will have the opportunity to find a new and better venue. As for what you should do? You should attend steampunk events, have fun, bring your friends and make new friends. Who should you support? You should support the community and anyone who is working to make it better. It's not an election. You don't have to choose. You can support them all.

I'd like to discuss the addition of Steampunk Con to the calendar from a market and business perspective. I believe that most people have had enough of the drama and politics and just want to know if there will be events for them to flash their gears at, and this article is for them.

Background
For those who are not familiar, Until 2017 Steampunk Worlds Fair was the 800 pound gorilla of steampunk events. 3000 attendees, 2 hotels, and a $200,000 budget. It dominated the steampunk scene and we are unlikely to see anything like it in the near future. However, with its failure in 2018, a successor event called Community Organized Gathering of Steampunks (or COGS) took over that weekend and ran a much smaller event at the Radisson Hotel in Piscataway, NJ where Steampunk Worlds Fair would have run.

While small, the event was very successful and an excellent opportunity for the steampunk community to show that it was ready to get the gears turning on big events again.

It was clear from the moment that Steampunk Worlds Fair collapsed that a proliferation of exciting new events would come to exist. SPWF, by virtue of its size, stifled the creation of other steampunk hotel conventions in the Northeast. There are numerous steampunk festivals, but very few indoor, hotel conventions. Those events require a much greater financial investment and risk, and it was simply not a good investment while SPWF was running.

There are behind the scenes politics that would make for an excellent HBO series, but you can learn about those else where. The current situation is this: in spring of 2019, there will be three great steampunk events in a 7 week period.

May 17-19 will bring us COGS Expo, June 7-9 will bring Steampunk Con, and there is also Blackthorne Steam at Blackthorne Resport. Blackthorne Steam is traditionally also June 7-9, but it is likely that either Blackthorne Steam or Steampunk Con will adjust their date so that there is not a direct conflict. For the purposes of this analysis, we'll assume that will happen.

Crowds of steampunks at this
month's Blackthorne Steam
The first concern I had heard from people is some variation of "splitting the community" or "splitting the market". This assumes that there is a finite market of steampunks with a finite budget. The actual economics of events is much more complex than that. The steampunk market is made up of a variety of different kinds of people from the absolute diehards to the causal tourist.

This is not to say that there will not be individual people who will have a budget constraint and find themselves having to choose between events, but there is more than enough of a market to go around. This is particularly true because Steampunk is such an open, welcoming, and inviting community, which facilitates the growth of the community as we see the growth of new events.

Room For Everyone
There are many examples that we can see where "competition" grows the market to the benefit of all. In the late 1980's, Boskone was the massive scifi convention in Boston, drawing over 7000 attendees every year. When they decided to reign in the event after a few tumultuous years and being kicked out of the city, there was a split between Boskone and Arisia. Arisia runs MLK Day weekend and Boskone runs a month later on Presidents Day weekend. Today, both events draw around 5000 people, one month apart, in the same city, sometimes at the hotel, and often sharing staff between the two events.

Connecticut has three large comiccon-type events, all during the same four month period, and they are all thriving.

Outside of conventions, Starbucks is a great example. Far from smothering locally run coffee shops, Starbucks created coffee culture in many markets, creating the circumstances in which locally run coffee shops could open in the first place.

To go back to the Arisia and Boskone example, when that split occurred, the two groups were not friendly. The very name Arisia is a reference to the good guys in the Lensman series, who fought the evil forces of Boskone.

Individual Economics
Let's start by looking at what an individual spends at a convention. People get very concerned about whether or an event ticket is $35 or $45, which is interesting when you consider that the average attendee spends a total of $500 to $1000 on their convention weekend.

Here is an example of what one might spend at a convention, and this applies to any kind of fandom weekend convention from steampunk to scifi to motorcycles:
Ticket: $50
Hotel: $250
Food: $120
Drink: $50
Travel: $50
Buying Stuff: $250
Total: $770

But if someone is local, not staying in the hotel, doesn't spend a great deal with the vendors, and a bit more frugal on the eating and drinking, they can keep their visit under $100. Thus there is no reason that local steampunks, of which there are many in the greater New York area, could not attend both events.

Separate Markets
The first hit on Google
for "Goth Steampunk"
There is not simply one population of steampunks who live in Steampunk Town, New Jersey and choose which events they will attend. In fact, most steampunks have other identities beyond steampunks. Some are scifi geeks, some are goths, some are metalheads, some are mechanics, some are politicians, some train monkeys at the zoo.

Like everyone, different steampunks have different levels of dedication. Some are so steampunk that their heart is actually a clockwork machine. Others are vaguely aware of this thing with the gears but they've seen Eternal Frontier perform and they think they're pretty cool so they'd like to check it out again.

Vampire Freaks, the company that, in association with the owner of the host hotel, is running Steampunk Con, has been running events in the goth community for 15 years. They have a large following in the goth community, but are relatively unknown in the steampunk community. This has an interesting and positive connotation. They have a great reach into a community of casual steampunks for whom Steampunk Con will be their first steampunk event.

COGS Expo, on the other hand, has deep roots in the mainline steampunk community, and will draw the more devoted steampunks. However, the most devoted steampunks will attend both events. "Most devoted" means attending all the events as long as they're not on the same weekend (or shuttling back and forth if they are close enough).

Vampire Freaks
Rather than splitting the community, I expect that the existence of this new event will grow the community. COGS Expo will continue to draw the fans it drew last year. Steampunk Con will draw new people, and those people will have the chance to meet the devotees.

Blackthorne Steam, which has an event capacity of about 120 or so people, will continue to sell to capacity as it always has.

Can Goths Run Steampunk?
While they have never run a steampunk event, they have run Dark Side of the Con for a number of years, and Steampunk Con will likely be structurally similar. They had the opportunity to run Dark Side of the Con this year without the support of Jeff Mach Events and demonstrate their ability to run a good con on their own, so I have no doubt that they can run a great event.

But Wait There's More!
COGS Expo and Steampunk Con are not the two successor events to Steampunk Worlds Fair. They are the first two successor events. There is talk of an event in Connecticut and another in Massachusetts that I have heard. As event organizers realize the opportunity that now exists, I would not be surprised if we see as many steampunk conventions in the Northeast as there are scifi conventions.

We are at the start of a very exciting time in steampunk.

So, what should you do?
You should attend steampunk events. As many as your wallet and calendar allow. And you should play Concardia there.

Whom should you support?
Everyone.




Friday, December 8, 2017

How We Fail Most Children


I have always been passionate about education, more specifically, the fact that most Americans reach adulthood lacking most of the soft skills that are required for great success in our culture and economy.

I attended a well funded, highly rated high school from which I went to an excellent university, and I came out with a cum laude degree and almost none of the skills or knowledge that I would need to be successful beyond academia.

It is no mystery what I needed to know, nor are they difficult skills to teach: business planning, goal setting, salesmanship, networking, and the like. Furthermore, I was fortunate to have learned that our economy is such that opportunity still exists and that you need to know to look for it. Too many young adults do not know this, which is why some of the best minds of my generation are flipping burgers or working at the mall.

With the birth of my daughter, I have given a great deal of thought to this over the past few years. Knowing that the education system will fail to provide her this array of skills and knowledge, how will I supplement that education to prepare her for success?

The juxtaposition of a number of interactions with particular people and groups this week has reminded me that this is a much broader problem affecting almost every young person approaching adulthood, but that there are resources which could be mobilized to help.

The fundamental problem is that education has been structured by experts who are focused on the acquisition of knowledge who lack expertise in how that knowledge is executed to create results in adulthood. The focus has become testable knowledge: accountable, concrete, useless. We can talk about test scores doing this or that without recognizing that many high achieving students become low achieving, unhappy adults.

The solution is simple but not easy.
We must teach our children that opportunities exist if they are bold enough to seek them.
We must teach them the basic skills for success in adult life: networking, salesmanship, grit and resilience, goal setting and achieving, and business concepts such as marketing, bookkeeping, and the like.
We must teach them the value of entrepreneurship, whether in terms of running their own business or simply thinking of themselves as the masters of their own commercial destiny rather than drones in a vast capitalist machine.

These things are not difficult to teach, and the first step would be to teach them to the most motivated to learn: the top and bottom students. The top students are eager to learn and succeed and they desire to know how to succeed at the next level. At the other end of the spectrum, many very intelligent students drop out, burn out, or tune out because they have not learned these things, and they would benefit the most from them because the lack of this knowledge is why they have disengaged from the educational system.

They could be taught in afterschool programs. They could be taught as courses in school. They could be directed independent study projects. There is a variety of options, but it must be done. An entire generation of millennials have fallen into adulthood, saddled with student loan debt, unprepared for a dynamic and changing economy, and we are all suffering for it.

This can be better. Together we can find a way.

Saturday, August 5, 2017

6 Ways to Achieve Your Dreams - That Most People Won't Follow

There are many people out there who have very fulfilling jobs. Their jobs align well with their skills and interests, paying them a good salary while giving them a sense of fulfillment. This article is not for them. It is for people who want to be them.

Chances are that there is something you are very good at. Maybe it's a craft or artistic skill like leather working, composition, or music. Maybe it's a knack for understanding where people are coming from and what they are thinking. If your best skill is not a core component of your job, then you are likely underpaid. If Steve Jobs got a job as a house cleaner, he'd get paid what a house cleaner does.

1. Look Broadly at Your Skills
Many highly talented people assume that the skills that they have are not marketable. Maybe you make leather armor as a hobby. When you search Indeed for "Armorer" there's not a lot of listings. However, it takes a variety of skills to be a good armorer. Three dimensional thinking, knowledge of materials, tools and often mechanical skills, aesthetics, color design, etc.

Break down your one big skill into smaller skills, then consider who gets paid to use those skills. I suspect that the skills of making armor and reupholstering furniture and vehicles are similar.

2. Know Your Limitations (Probably Less Thank You Think)
"Be reasonable and know your limitations" is some of the worst advice you can give someone, especially a young person. Not because it's not good to know your limits, but because telling someone to know their limitations is like telling them to know how to fly. Left to their own devices, everyone will get it wrong. When you were young, you probably had people saying something like this to you about knowing your limitations, but you thought you knew better. You thought you were unlimited, so you tried to soar... and you probably crashed and burned one or more times.

This convinced you that the nay-sayers were right, and you went from overestimating you abilities to underestimating your abilities. The irony is that while you were trying to do what turned out to be impossible, you were learning and developing skills. You are now more capable than you were before, but, believing that your detractors have been vindicated, you accept the limits they placed on you when you were younger.

When I talk about this, I'm not just talking about you, I'm talking about myself. I came out of college thinking I could do anything. I opened a game store and proceeded to make no money for five years. In my arrogance, I did not think I needed to study, so I did not learn (until much later) what I would have needed for success. That experience gave me the skills to succeed, but it also drained my confidence to try again so boldly, keeping me from putting those skills to use for many years.

If you find yourself looking at your dreams and not pursuing them because you are not good enough, then I'm talking to you. You're probably better than you think, and even if you are not, you can probably get good.

I say probably because there are some things that can never be overcome. If you want to join the NBA and you're 5'1", then you might want to think more broadly. Maybe Baseball might be a better sport. However, if it's a matter of lack of skill and talent, then remember that dedication and humility will overcome natural talent every time.

3. Know What You Want to Do
Part of "knowing your limitations" often involves settling. Maybe you are a seamstress and you wish you could make fine wedding dresses, but you believe that it beyond you, so you put it aside and follow a career path that takes you in a different direction.

If someone were to ask you what you want in your next job, you'd say "more money, better hours, benefits." But the truth would be that what you want in your next job is to be one step closer to creating beautiful dresses. Most people never achieve their dreams because they don't take a single step towards them.

4. Yes, You Can
In response to what I'm sure you just said to the last section, yes, you can. Whatever justification you just offered is probably an excuse (unless you're 5'1" and want to play for the NBA).
There's no jobs in my area in that industry.
I don't have the skills.
I don't have the experience.
I don't have the contacts.
I can't afford it.

Any of those sound familiar?

Some reasons are legitimate, but many are excuses. All to often, we look at one path, determine it will not work and give up completely. If you were driving to Boston, and I-95 was closed, would you just give up and go home, or would you find another road?

Skills can be learned. Experience can be earned, either through work or even volunteer opportunities. Don't have time to volunteer? Is it that you really don't have time or you prioritize other things over your dream?

Need contacts? Go make them. Don't know how? I wrote a book on the topic.

The point is that whatever obstacle you have that keeps you from doing what you say you want to do can be overcome if you are willing to make some sacrifices to do it.

5. It's Closer than You Think
Often, all that you need to take a step towards your goal is one good connection. Just one introduction to someone who knows about that one job opening or apprenticeship opportunity. This comes back to that excuse of not knowing the right people.

Chances are that in the circle of people you know, there is at least one person who either is the connection you need or could introduce you to them. How do you find them? You put in the work. Have you made sure that everyone who knows you knows what you are trying to do? If not, how would they know to help you.

Once you have spread that message, it's time to go person to person. Talk to everyone you know individually and tell them what you are trying to achieve. Tell them whom you are trying to meet and ask them if they'd be able to help you. If they are your friends, they should be glad to introduce you to someone, and even if they are just acquaintances, most good people are happy to lend a hand. Think of the reverse. If an acquaintance asked you for an introduction to someone you knew, would you do so? Probably.

But first, you must believe that what you are trying to do is possible. You have to approach it with an attitude that you will find what you are looking for. It's only a matter of time. This confidence will show and make people more comfortable recommending you to their friends and contacts.

6. You Have At Least One Contact Who Will Help You
Don't think you know anyone who can help? I guarantee you know at least one. Reach out to me, and I'll be happy to talk you through what you need.

Monday, November 7, 2016

Monday Morning Train Ride

The view from the train window.
Every Monday morning, I get up at 4:30 AM, although I should probably get up earlier since I keep almost missing my train. I get up at 4:30 so I can catch a 5:50 train from New London to New York. This train gets me to Grand Central a little after 9 AM, then the subway gets me to my office downtown closer to 9:40. It's about 3.5 hours to get there, and depending on the connections, 3.5-4.5 hours to get back. Don't cry for me. I love every minute of it.

I take this journey to get to the offices of EZBZ, inc, the creators of myEZBZ.com, a digital concierge service that connects consumers to businesses in the most direct and intuitive manner ever devised on the Internet. My job is that of Marketing Manager. That is, to create the programs and strategies that get people to go to the site to use the service. My job is to get people to use a free service that will save them money and get organizations to join into partnerships that cost nothing but will earn them revenues. It is more difficult than it sounds.

Quote a far step from selling $30/month insurance policies at kitchen tables around Western Massachusetts. So, how did I get here?

For the previous year, I was selling printing along the shoreline of Eastern Connecticut. Unfortunately for me, as well as the company I was working for, the sales strategy I was made to use was flawed. Whether it was flawed in design or execution, I do not know because this strategy was not written down anywhere, but I can tell you it did not work. In August, I was given the option to either stick more closely to the ineffective plan or go onto straight commission and do it my way. I took the commission and the freedom.
I couldn't help but think that the leader of Earth Class Mail is
Chris Dipaola's long lost brother.

Since I would rather devise ways to make a living rather than quietly starve, I devised a number of creative strategies to sell more. My boss referred to these ideas as "crazy ideas." Eventually, my frustration grew at not being respected for my abilities and at being blamed for the failure of a clearly faulty system. I happened to find a show on Hulu called Startup Junkies, which follows the adventures of Earth Class Mail as they went through a portion of their startup process. It was all about how challenging, stressful, and grueling working for a startup is.

It looked like a lot of fun, and I wanted to get in.

I Googled "Startup Jobs" and I found a site called Angel List. The site is a tool to find jobs at startups, but they understand that not all startup jobs fit into a simple job description, so there is also an element of the site that seems inspired by a dating site. In addition to applying (which you can do by pulling your resume from LinkedIn or Facebook), you can also simply mark that you are interested in a company. If the company does likewise, you may communicate directly.

I made such a connection with Shana Schlossberg, founder and leader of EZBZ as well as Innovate Hartford, a tech incubator in downtown Hartford. We scheduled a phone call and she told me at length about EZBZ. It was amazing. I was hooked. I wanted to get in.

Then we scheduled the interview... to talk about the project manager position at a spinoff company. The spinoff was also exciting, but not as exciting as EZBZ. So, leading up the the interview, I started poking around my network to see who might be a good EZBZ partner, not because I was angling for a job, but just because networking and connecting people is what I do.

I went on that interview and we talked about the other company and the job and my salesman sense was telling me that I had not closed a deal, but I figured I'd at least make a connection. So I casually mentioned that I happened to know the person who ran the largest Steampunk event in North America who had over 100,000 followers on Facebook and perhaps he might make a good EZBZ marketplace partner if she would like me to introduce her. She said that she was interested. The interview was on a Thursday. The conference call to set it up was the following Tuesday.
Innovate Hartford

I then continued in that vein. I introduced her to a large local non-profit. I emailed a few other ideas. Finally, with one of my ideas, I included the post script that I hoped I was not overstepping my bounds by sending over all these ideas. She said that, quite to the contrary, she and Rachel, her right-hand person, were impressed and how did I feel about the title Marketing Manager.

This is the amazing thing about startups and dynamic entrepreneurs. They were not hiring for a Marketing Manager. They certainly were not looking for someone who lived in Eastern Connecticut. But they found found that I brought something to the table that would benefit the team, they figured out what title that might be, and everyone was better off.

My job is basically to continue doing what I started doing at that interview. Find great partners and come up with "crazy ideas" which might earn the company "crazy money". I was not hired because I most closely fit the box they were trying to fill. I was hired because they felt that I was a good bet to build a box for.


Perhaps you are wondering a bit about what I mean by partnership because you think that you might know of a potential partner? We find that the most effective way to get people to use the site is to partner with others who can influence them to use it. Our service is great, but that's what every service says about themselves. A great partner is anyone who can help us connect with people who need products and services: anything from contractors to professionals to entertainers. The partner could be a non-profit, an online interest group, a media outlet, a business, or even just a well connected or motivated individual. In exchange for their help in connecting us with consumers, we share the revenues from their efforts with them. There is no upfront cost for a partner. They don't give us their mailing list. We set up a marketplace with a unique link, and they promote it. It's as simple as that. For more info, email me or give me a call at 203-707-1245.

Note: I go to NYC one day a week because that's where the rest of the team is. My office is actually in the Innovate Hartford space in Hartford, and the actual location of my work is wherever the work is to be done.

Sunday, December 13, 2015

Know Your Marketing: Chapter 1. Know Your Customer

I have been doing marketing for some time, and have decided to write a book about it. This is partly because I want to share my knowledge, and partly because when I offer my marketing experience, some think that it is just a salesman trick to get my foot in the door rather than a sincere offer to help with their marketing.

I would like input as I write so I can stay on the right track, so please comment or email me with your comments and suggestions.

I am tentatively calling the book Know Your Marketing, but I'm open to suggestions.

Chapter 1. Know Your Customer


Customer Versus Consumer
Let us first define one key set of terms: “customer” and “consumer”. The distinction I about to make is slightly different from the definitions you will find in the dictionary, but the dictionary, while excellent for definitions and spellings has never been a strong resource for business advice.
The word customer uses the British root “custom”, as in “If your service is unsatisfactory, I shall take my custom elsewhere.” The customer is the one who gives you money for your goods and services.
The consumer, on the other hand is the one who actually consumes your goods or services.

What’s the difference? For many businesses, there is no difference. The customer and consumer are the same. However, for many businesses they are quite different. If you make scarves and sell them to stores, the store is your customer. However, the store owner and his staff do not wear the 1200 scarves you sell to them. They turn around and sell the scarves to their customers. It is the store’s customers who are your consumers. They “consume” or use your product.

In this indirect business model, the people who actually wear your scarves will never give you money directly, yet they are a critical part of your business. It doesn’t matter if the store owners think your scarves are the best that they have ever seen. If the consumers do not buy them from the stores, the stores will not buy them from you.

It can be even more complex if you are selling to a distributor who sells to stores who sell to customers. To an extreme example, let us say that you make a unique product that is used in crafting gift items. You sell your product to a distributor who sells it to stores who sell it to crafters who put it into gift items which they sell to stores who sell it to consumers.

Why is this important? In the craft example above, you are dealing with 5 separate markets. There must be consumers who want to buy the finished items. There must be stores who believe there is a market for the finished items. There must be crafters who want to make the finished items and believe there are stores to buy them. There must be craft stores who believe there are crafters to buy your product. There must be distributors who believe their stores will buy your product. Each of these constituencies has different needs and motivations, and you must understand all of them and have a compelling story for all of them.

Maybe you are a crafter yourself and you created your product because you know it solves a problem that you have. That gives you a very compelling story for a crafter, but the store does not care about this problem except in so much as it will drive crafter consumers to buy the product.

Influencers Effect on Your Consumer
Whatever you make or do, there is ultimately someone who will make use of it. That individual exists within a system of people and influences. Let us a take a simple example. Imagine a stereotypical 60s TV family: Mom, Dad, and the kids Billy and Suzy. Dad works at the office and Mom takes care of the family affairs.

Most people reading this in the 2010s are probably appalled at my choice of example. A 60’s style nuclear family? I use the example for the same reason that a modern reader might find it peculiar. It is oversimplified. As I move through this example, you will see that even in this oversimplified family, there is great complexity. From there, imagine how much more complex things are with modern and realistic dynamics.

It is important to understand, that we understand the world through simplified models, in which we discard the details which we hope are not crucial. The more details we include, the more accurate the model of a thing is, but the more cumbersome it is to understand. The perfect model would not discard a single aspect of the thing, but such a model would be the thing itself, and thus of no use as a model.

So, back to Mom, Dad, Billy, and Suzy. Mom does all the grocery shopping. She goes to the store, picks the items, and pays for them. Mom appears to have the decision making authority so she would be the target market for any item sold in the grocery store. In the Customer/Consumer model discussed above, she is the consumer. As a maker of a grocery item, you would target your advertising to her, then you would focus your sales efforts on the grocery store that your product is in.

In the real world, we know it’s not that simple. Around a consumer, there is a constellation of “influencers”: people who influence the buying decision even though they are not directly involved in it. Mom must take into account the family’s desires. Mom may be at the store making the choices, but if Dad sees marketing that convinces him that real men eat Westco’s corn-fed beef, then he might push for that purchase. Billy might see cereal commercials that make him want to collect all the toys in SugaryOs. Suzy might have heard in school about the plight of migrant workers and want Mom to buy local produce.

There is a long chain of decision makers that extends from your business down to where your product or service is purchased and beyond that determines the market for your product. To  market successfully, you must understand every link in the chain and how you can influence it. In each transaction that your product passes through, understand who is involved in the decision. Who are the influencers? Is there a business partner or advisor involved? Is there a spouse or family member? Will the buyer be considering the opinions of friends, coworkers, or the community of their purchase?

Tastes Great, Less Filling
Story sources http://allaboutbeer.com/turning-lite-origins-miller-lite-light-beer and http://www.sportsonearth.com/article/63816024/
In the 1960s, there was a recognized gap in the American beer market. Men were beginning to become more aware of the importance of eating right and staying healthy. Beer is a fairly high calorie beverage, and a lower calorie version would appeal to many men. There was  problem. “Diet” products were generally thought to be for women. Men did not want to be seen as less manly by drinking a “diet” beer, although they might be interested in the health benefits of a healthier drink. With men being the primary consumers of beer, bars, the customers of the beer distributors, stocked very little if any of the diet beer.

Miller Brewing Company had a product that could exploit this market but knew that its consumers were concerned about image, so they launched a marketing campaign to not only appeal to their consumers, but also to change the opinions of those who influenced their direct consumers. They hired retired athletes, coaches and celebrities, including Bubba Smith, Dick Butkus, Bob Uecker, John Madden, Red Auerbach, George Steinbrenner, Billy Martin, Joe Frazier and Rodney Dangerfield. Manly men! Men so manly that if the ad campaign had shown them carrying purses, it would have made people consider purses manly.

These manliest of men were shown to drink light beer and argue in their manly voices as to whether Miller Lite were better describe as tasting great or being less filling. The one thing no one
was arguing about anymore was whether it was okay for a man to drink light beer in public.

This great shift in the market occurred Miller understood that they needed to first understand and then market to their consumers’ influencers, not just the consumers themselves. Chances are, if you are reading this book, you don’t have the resources to launch a national campaign to change the public’s view of a product, but you can at least seek to understand how the people who influence your consumers feel about your product.

And That Means...
There is a saying in the world of sales: sell the sizzle, not the steak. When someone considers a purchase, their interest is not in what the product is but what it can do for them. In my work selling printing and mailing services, if I am suggesting that someone get a brochure made, I do not tell them about the quality of the paper stock and about how the brochure will contain text and images laid out in a pleasing format. They are not interested in the details of what a brochure is. What they want to know is that a brochure is a low-cost, easy to distribute vehicle to get information about their business to their customer. The brochure is a tool that will bring them more business, because ultimately, that is what a business owner wants: more business!

Think about most marketing that you see. A billboard for Six Flags shows people in a roller coasters with excited expressions. That advertisement is selling fun and excitement. It says, come to Six Flags and be this smiling person. What would be more effective, that kind of advertisement, or a billboard telling you how many rides they have and how late they are open in the season and what admission costs and other factual details? Obviously, the ad that sells the fun, and that is why they use that.

When I sold cars, I had a sales manager who taught us the expression ATM: “And That Means”. Of course, it also means “Automated Teller Machine,” which he said was appropriate because both forms of ATM get you money. It is a great expression because it reminded us to put things in terms that the customer would care about.

“This car has Electronic Stability Control,” says the salesman.

Woop-di-doo, who cares? thinks the customer.

“And that means that when you are driving your family in the car and hit a patch of slick pavement, the vehicle will automatically adjust steering, braking, and engine power to keep you on the road and safe, keeping you safe from an accident that would have otherwise happened.”

That’s something I care about, thinks the customer.

The best examples that we see of this strategy is with products that people don’t like to talk about: products like adult diapers, tampons, and hemorrhoid cream. Think of the commercials that you see for these products. In many of them, the product is never actually shown. Instead, the commercials show people being happy, free, and liberated.

Consider the Charmin “Enjoy the Go” campaign. This is the text on Charmin’s “About Us” page
Life is full of little pleasures.
Watching the sunset. A hug from your kids. Walking barefoot in the sand.
And going to the bathroom.
Trouble is, you might not always take the time to enjoy these little moments as much as you should.
Especially when it comes to going to the bathroom.
At Charmin, we want you to enjoy going to the bathroom as much as we do.
The relief. The calm. The clean. The joy. The pride.
And we believe you can’t do that if you finish it all off with the wrong tissue.
Which is why we make a tissue that’s just right for everybody.
That's why Charmin users actually look forward to going to the bathroom; why they enjoy being in there; and why they aren't afraid to show it.
Fact is…
We all go to the bathroom.
Those who go with Charmin really Enjoy the Go.

For those of you not familiar who may have thought that this was some sort of Tantric enlightenment ritual, Charmin is toilet paper. It’s paper that you use to clean your bumm after you do what you do. It is indeed soft, durable, high quality toilet paper, but it’s still toilet paper. It’s not infused with special herbs and perfumes to bring balance to your spirit.

They compare the experience that Charmin gives you to watching a sunset, getting a hug from your kids and walking barefoot in the sand. Let me tell you that, while I’m not a fan of walking barefoot in the sand, if there were any product sold in the grocery store that compared to getting a hug from my daughter, they could keep enough in stock to satisfy my demand.

Enjoy the Go is a very slick, expensive, marketing campaign, but there is a lot to be learned from it. Join me in this brief exercise.

Think about your own product or service. Take out a piece of paper. At the top of it write what it is. For example: “Brochure Printing”.

Under that, write the problem that is solves. e.g. “Solves the problem of being able to explain our business in depth and being able to share that with other customers”.

Next, we will consider what your product should do for the customer. “Distinguishes their company over the competition and increases sales.”

Here’s where it gets fun. Let us imagine that your product is incredibly successful at what it is supposed to do. Best case scenario. How would it change your customer’s life. “More revenue, more profit, more income personally. Less time spent marketing. Less time spent working. More time with the family.”

Keep following that line of thinking until you have a way to express the value proposition of your product that is incredibly compelling. Then call me and we’ll see about designing a brochure with that value proposition which will grow your business and give you more money and time with your family.

Of course I’m kidding about that last part, but you can see how making more money, having a more stable business, and more time with the family is a much more compelling selling point that a good looking folded piece of paper.

Thursday, April 3, 2014

Making the Most of Business After Hours Networking

They say that in business, it's not what you know, it's who you know. Some people use that axiom as an excuse for failure, but I simply see it as a fact of business. If who you know is very important, and you don't know the right people, what do you do about it? Meet the right people!

One of the best ways to start making connections is an open networking event. Most chambers of commerce run something similar. Some call it "Business After Hours" others call it "After 5". Whatever it is called, the structure is the same. A member organization looking to show off what they do hosts the event, which runs every month or so at different venues. There is generally food and drink provided, and a whole bunch of people show up and put on name tags.

The after hours networking event.
Valuable opportunity or terrifying
chore, depending on your
perspective.
This can be one of the most valuable and rewarding or terrifying and stultifying events you will encounter depending on how you approach it.

The first thing to do before you even show up is to prepare. Be sure that your look is the look that you want the business community to know you by. If you are a creative type who always wears jeans and a polo, and that's how you want people to know you, you can wear that. If you want to appeal to the professionals and bankers and lawyers, you'll want a suit, or at least a nice button down shirt. Whatever look you are going for, make sure it is neat. Tousled hair, 3 days beard growth, and ratty sneakers will not give anyone confidence in your business.

If you have business cards, make sure to bring them. If you don't, get them printed. They're cheap, and they are a very good way to start the conversation.

Finally, figure out what your goal is in attending the function. Are you looking for clients? Are you looking for networking partners who can help introduce you to clients? Are you looking for other people in your industry with whom you can share ideas? Are you looking to enjoy the company of other business people because it's a nice change from the office? Depending on what your goal is, you will want to adopt a different approach to the event.

If you are lucky, you have a friend to introduce you around. Most chambers have "ambassadors" who introduce new people around. If you have someone like that to guide you, then you are in good shape, assuming that your guide can introduce you to the people you are looking to meet.

If there is a specific individual you are looking to meet or someone from a specific company, ask a member of the host chamber if they could introduce you. It is much easier to get an introduction to a specific person than an introduction to some people.

The experience of a new person without a guide is often the same: you walk in, possibly knowing one or two people. Maybe knowing no one at all. Everyone seems to know each other. They are all standing in little knots of twos and threes and none of them seem particularly interested in talking to you. Some people, at this point, will start to think of the group as cliquish, and write it off as just a bunch of old buddies getting together, making it hard to meet anyone. Resist that temptation.

Of course, they are not particularly interested in talking to you. They don't know who you are, what you do, or what you have to offer. It's your job to create interest. (You didn't think it would be that easy, did you?) If you have someone to introduce you, the introduction can create the interest. If you are on your own, however, it's up to you. So, how do you meet people at an event where everyone seems to be engaged in conversation?

While the food is often phenomenal,
you came here to build your business,
not feed your face.
Everyone at a networking event is wearing a nametag, and most of them are there to network and meet new people. Most of them are also just as shy about walking up to new people as you are. The difference is that they know people there, so, where your alternative to meeting new people is holding up a wall, their alternative to meeting new people is talking to the ones they already know.

Now, that you understand that most of the people there actually are open to meeting you, let's meet some people. Find a clot of people who are of interest to you. Perhaps the business indicated on their nametag tells you that they would be someone good to meet. Perhaps they are the group standing closest to you. It doesn't matter, you will meet lots of people in the next two hours.

Approach the group, and observe their body language. Most people at these events are engaged in casual conversation, but some might be trying to conduct some sort of business or at least formally introduce themselves in preparing for future business relations. If that seems to be what is going on, then you might want to move on to the next group. You are less likely to make a good impression if you interrupt what was developing into a valuable opportunity for those you are interrupting.

A glass of wine might help you relax
and be more open to approaching
people, but remember you are here
for business. Stay sharp, not
shnokkered.
I discussed cliquishness earlier. That happens between people who have known each other a long time. If people know each other, they won't be talking serious business at their after hours event. They'll be chatting about golf and that thing that happened last year and kids and wives and cars. In other words, the clique standing around talking might be more open to being interrupted because they are more likely to be shooting the breeze, while the newer members, just meeting people and feeling out opportunities, may be harder to break into a conversation with.

So, let's say that you are approaching a group, and you find a break in the conversation. Often, a member of the group will notice you standing there, and draw you into the conversation. Since the only thing they really know about you is what's on your name tag, they will often start there. "So, Michael, what's Concardia?" I am often asked by way of introduction. Have your business card ready to hand to them as you explain what you do.

This is what the "elevator speech" is for. Be prepared to explain your business in 30 seconds or less. One or two sentences is better if you can do it, especially if they are crafted to elicit the response of "oh, really, that's interesting. Tell me more." You'll know you are doing it well if your business becomes the seed of the next conversation more often than not. After a polite amount of discussion of what you do and what you are looking for, turn it around and ask them what they do.

If no one starts the conversation, and if no obvious segue comes up to enter the conversation, wait for a lull in their talk and use the networking pick up line I described above. "So, Susan, what is Phillipson Associates?"  or "So, Robert, what do you do with Liberty Mutual?" There are few things wrapped up in this introduction. You are saying:

  • "I am interested in you and what you do."
  • "I am giving you the floor of this conversation for a moment to talk about yourself."
  • "Please tell me what you are looking for so I can see if I can help you with it."
  • "When you are done talking about you, I hope you will reciprocate with the opportunity to talk about me"
Your mission at these events is not to make sales. It is not even necessarily to make appointments to meet later. You have a very short 90-120 minutes to meet as many people as you can. During your time with each person you meet, your job is to arouse interest and get their card so that you can follow up and arrange an appointment to meet later. We'll talk about networking appointments in a future article.


If you approach an open networking event well prepared and equipped with a goal, you will come into a room seeing dozens of potential business contacts with whom you will have valuable, long lasting relationships. If you come in ill-prepared and unplanned, you will see a noisy, crowded room full of unfriendly strangers.


I attend the Eastern Connecticut Chamber of Commerce Business After Hours events regularly. If you are in Eastern Connecticut and would like some introductions, drop me a line. I'll be happy to help!


Monday, March 10, 2014

Who is Your Audience and What do They Want?

Tigers rarely actually eat
cereal. They also rarely
wear neckerchiefs.
They say that you can lead a horse to water, but you can't make him drink. Well, if you lead a horse to a nice, juicy steak, you will probably not only fail to feed your horse, but probably spook him. Save the steak for your pet tiger. Lead the horse to grass.

As a consultant, I work with a number of different fan conventions and businesses. Most businesses think they know the answer to the question "Who is my audience and what do they want?" Do they really? Or do they just think they do?

Let's take Steampunk World's Fair, for whom I am Sponsorship Coordinator, as an example of one who does it right. Their primary audience is people who are interested in Steampunk, which is a subculture that includes literature, clothes, and a bit of music. That is who they are, but what do they want? The obvious answer is that they want great performances by bands and other performers that they enjoy and a great array of vendors. But, hose bands play a variety of venues and most of the vendors have online stores, so why do thousands of people make the trip to New Jersey for the Fair?

First and foremost, people go to a convention for an experience. They want to have fun. They want to be among their own people, having a relaxing and enjoyable time. You could have the biggest names and the best dealers, but if the vibe is bad, the event will be bad. Steampunk World's Fair creates that fun, engaging environment. From the web site, to the decorations, to the program book that looks like an old Victorian newspaper, to dozens of other little details, for one weekend in May, two modern hotels are made to feel like a great enclave of an age that never was.

Steampunks in their natural habitat: Piscataway, NJ
Among the work I do for this event is coordination of sponsorship. A sponsor has a very different perspective on an event. Many sponsors do attend the event, and, as an attendee, they love all the event has to offer. As a sponsor, however, they care about very different things. The fantastic program book made to look like a newspaper is exciting to them because its uniqueness will cause attendees to keep it, and the ad the sponsor bought in it, for years to come.

As a counter example, let's consider another business I have worked with. It is a game store in the Northeast United States. For those of you unfamiliar with game stores, they tend to be part retail store (selling board games, card games, trading card games, role playing games, and the like), but they are also part community space. Almost anything you can get at a game store, you can get online for less. People are willing to spend their money at a local game store because they enjoy spending their time at their local game store. The natural conclusion to draw about a store is that people go there for products and prices. For a game store, one would be mistaken. People go there for the experience. The products are just how the store monetizes that experience.

This game store, however, is very large and has become focused on product rather than experience. They have come to think that the customer cares only about price and event prizes, so they focus on what is on the shelves but fail to address the experience of the customer when he is in the store. They mistake a lack of other options in the local market for customer loyalty, believing that customers come back because they want to rather than because they have no other option. Customers say things like "There's something off about that store" and "It's not a comfortable place to hang out." The result is that in a business that used to demonstrate spectacular growth year after year, growth has slowed to almost nothing.

The goal is to give the customer what they want, not just what you think they want. You may be wondering how you find out what the customer wants. It's easy. Ask them. People love to talk and they love to give their opinion... if you ask for it.

You should also keep in mind that people are giving their opinion to everyone else. In the example of this store, all of the other stores in the region know what people think of them. Other customers know what people think of them. Random people on the Internet know what people think of them. Don't you want to know at least as much about your customer's opinions as your competition does?

It's a simple two step process:

Step 1. Just get into a conversation with a customer and ask "What do you think we do well? What do you think we should do better?"

Step 2. Shut up and listen.
Step 2a. No, seriously. Do not speak. Just listen.

You may be tempted to address their concerns, explain your choices, or even argue with the customer. Don't. Thank them for their input. Possibly ask questions to be sure you understand what they are getting at. Did they say something that surprised you or doesn't sound right? Ask a few more customers at random. If they all say the same thing that sounds wrong to you, it's probably not the customer who is mistaken. At the very least, you have a messaging issue.

Tigers like steak. Horses like oats. Mix them up and you're liable to be kicked by the horse and eaten by the tiger. What does your audience want?


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