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A Morning With Seth Godin
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| Guest post by: Ernest Barbaric |
Article Overview: This morning I was privileged to attend a video conference with one of the best marketing minds of our generation, Seth Godin. This fantastic event was presented by Travel Alberta as part of their speaker series program. I’ll try to digest and share with you some of the key points Seth talked about today. Please note my personal opinion is mixed in with Seth’s notions.
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A Morning With Seth Godin
This morning I was privileged to attend a video conference with one
of the best marketing minds of our generation, Seth Godin. This
fantastic event was presented by Travel Alberta as part of their speaker series program.
I’ll try to digest and share with you some of the key points Seth
talked about today. Please note my personal opinion is mixed in with
Seth’s notions.
Mass Marketing is Broken.
As described in “The Long Tail“,
consumers today have an exponentially increasing number of choices. A
few years ago if we wanted white and black cookies… we’d choose Oreos.
And there was only one kind. Did you know that there are now OVER 30
kinds of Oreos? In Japan, Coke comes out with a new product almost
every 21 days. With this inundating number of choices and noise
surrounding us, mass marketing is barely effective at best.
Most Powerful Person in Your Business
… is lowest paid and often dis-respected. It’s the front lines of
your business who have the most contact with your customers, yet most
businesses treat these people the worst. In a large corporation, people
are treated as cogs in a machine. Replaceable and expendable. The truly
remarkable businesses give their employees respect, power and
responsibility: a hotel which allows their maids a $150 discretionary
budget per room provides that maid with the tools necessary to make
someone’s stay remarkable. And remarkable gets talked about.
Good Enough is Not Good Enough
Good enough isn’t remarkable. An average experience for an average
person at an average price is nothing to tell your friends about. The
only way to differentiate is to build an exceptional experience.
Something your customers or clients will tell their friends about. How
often have you told your friends about an adequate meal at an average
restaurant, for a mediocre price? Now imagine picking your date up and
driving to a remote part of town, to be greeted by the same chef that
cooked for Brad Pitt and Angelina last time they were on vacation. The
restaurant is packed, your valet addressed you by name as he hands you
over to a hostess who guides you down a red carpet to your table. The
meal is exceptional. Some vegetables you never even heard of were
served and the chef even came out to ask how your dinner went.
Build Clubhouses.
Choose your best customers and do exceptional things for them.
Choose your worst customers… and let them down easy. Your business will
be sure to improve. Seth discussed this idea and it’s very much in line
with other reading and opinions I subscribe to. In order to build a
business you want to wake up every morning to… and one that your
clients love dealing with there has to be love. We work better and more
freely with people we naturally get along with. Focus on your best
customers, figure out what some of the commonalities may be… and look
for more of the same. There is an underlying social component to this
notion as well: chances are your clients will not only like you, but
each other as well, giving you a perfect opportunity to allow them to
network with each other.
No More Mister Big Spender
One of the trends Seth discussed was diminishing of the Big Spender.
Quite possibly for a while. Over the last few years, we’ve seen a rise
in overindulgence, overspending and overall quite a plush lifestyle for
most. Seth argues this is now taking a turn. Even those with deep
pockets are more likely to look for better value, research their
decisions in more depth before parting with cash. So what’s a business
to do? We must provide value. We must provide something money can’t
really buy: a great experience.
Seth Godin’s new book “Linchpin” is coming out in a few days…
Article Tags: marketing ideas, marketing trends, notions, seth godin
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About the Author: Ernest Barbaric RSS for Ernest's articles - Visit Ernest's website Ernest Barbaric is a professional keynote speaker and social media consultant. He helps clients engage customers, reach new markets, launch products and transition into digital marketing. Sounds interesting? Get in touch today. Click here to visit Ernest's website A Morning With Seth Godin Peanut Butter Manifesto Are you spreadable Confessions of a Digital Nomad Future of Social Media Does Your Social Media Consultant GET IT |
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