Categories
Sales & Marketing

Positioning: What Target Market See You As

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Small Business Branding by Ed Roach: Positioning your brand is probably one of the most important aspects of branding. It is the unique strategy that will introduce your target audience to exactly what it is that differentiates your product or service from your competitors. I am working with a number of companies right now developing exactly this.
It is absolutely fascinating what gems come out of discussions on positioning. At the outset, many companies are hard pressed to recognize a difference. All they see is the obvious. My strength is that I want to understand how the product or service is delivered, how is it made, what is the experience that surrounds the product or service? Several times the difference is not in the actual product but the delivery of the product or the follow-up. You have to look at the entire product cycle from conception to happy customer and beyond. There is an opportunity in there. You can count on it.
Compliances offer up positioning opportunities. Training offers up positioning opportunities. Frankly there is much to learn from every angle and nuance. For example, I worked with a consumer food product customer. They felt that their fruit product was much like all their competitors across the world. All were grown exactly the same way, with the same ingredients, under similar conditions using the same technologies and marketing and shipping conditions. I refused to believe that there was no opportunity and so I dug deeper into the industry standards. I wanted to know how one product is rated over another. What was intriguing was that the very standards for grading our produce was the opportunity for a very BIG aha moment. Here is the skinny on fruit standards. They are judged on 3 criteria – size, appearance and firmness.
Consider these criteria again: size – appearance – firmness. Is anything missing? I suggested there was and it was huge.
Taste.
You see, taste isn’t a criteria. That is left up to the individual. I suggested that there must be at least a minimum standard that a good sample must taste like. With watermelon, it’s the sweetness – a lemon, its tarty characteristic. Everyone agreed that we were on to something.
Once this particular fruit standard for taste was established, we then contracted the two leading agricultural universities in Canada and the United States to independently develop processes that tested for taste based on the bar we set. While other competing fruit have may won taste competitions judged by consumers, we now have established a definitive test for taste not unlike the the test for size, appearance and firmness. The processes were legally protected and are now proprietary to us.
We were now the ONLY fruit tested for taste!
Our fruit’s taste was now a guaranteed standard of quality NOT based on differing opinions, but on quantitative data. The bar had been raised.
A very compelling difference. This my friends is positioning. In this case the customer had to change how it did business and in doing so, introduced a new standard to their industry. This is not the work of a follower, but a leader.
Positioning can be very powerful if you are savvy enough to recognize the opportunity and bold enough to implement it. The real gems are far beyond the obvious. Look all around the edges of your product or service.
How To Power Position Your Brand! [Small Business Branding]

Categories
People & Relationships

Surround Yourself With Quality Relationships

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When people ask me, “What are key factors in having a prosperous business and happy life?” my answer always includes having a strong community of friends and colleagues.

Relationships are the cornerstone of our existence. We thrive by having interpersonal relationships, social and spiritual connections, and business affiliations. It is through our personal relationships we experience the sense of belonging and feelings of love (both sharing and receiving). Strong business relationships invite referrals resources, collaborations, strategic alliances, and masterminding.

Who’s in your circle of friends and colleagues? When you’re with them (in-person or virtually), do you feel energized, inspired, motivated, uplifted, understood?????

Qualities I look for in forging relationships:

* High integrity
* 100% responsibility who they are and what they do
* Altruistic
* Shared values
* Committed to personal growth
* Positive attitude
* Spiritually oriented
* Compassionate
* Strong communication skills

What qualities are important to you in your relationships?

What do you bring to your relationships?

I’ve been blessed to have a fabulous network of people. Years ago I began deliberately paying attention to people I met online, at networking events, and socially. Extending invitations to meet for coffee or chat on the phone was a great way to learn about people. Hosting my radio show opened further doors to meet people I admired and respected. Through social networking, joint ventures campaigns, and personal introductions, my circle has widened. Over the years, I have been fortunate to cultivate quality business relationships that have developed into strong friendships

I often ask folks in my circle and network, “Who do you know who might be great for me to meet? Would you willing to make an introduction on my behalf?” When I’m promoting a new product or event, having a strong network is invaluable.
If you work from home, isolation is one of the downsides. Be sure you’re engaged in activities to meet new people. You might even make it game to meet at least one new person each day or week!

Finally – if you wish to surround yourself with quality relationships, growing yourself as a person is a must. To attract great people, you must become the kind of person they want to hang out with!

Having great people in your lives to cheer you on, stimulate ideas, and hold you to your best will boost your strength and courage to say yes (and keep saying yes) to your desires and dreams.