21. January 2011 by Frank Goad.

While talking with a client recently, he was bemoaning the diminished traffic during the winter snows. When asked what he did with the down time, he replied, “Oh, you know, the usual. I cleaned, organized and took care of some loose ends.” When asked if he couldn’t have an employee do that, he said, “Well, I suppose, but I know exactly how i want things.”

This is a perfect example of working in the business, not on it. We talked about how he might have made that time more profitable and here’s part of the list:

• Call customers and say, “Thanks for your business - what can I do for you?”
• Look over his Facebook page and add posts to it
• Look over his Facebook page’s friends and see what they’re talking about; knowing that can help you know what they’re likely to want or need so that you can advertise to their comments
• Look for local happenings on the different calendars and see if there’s an event that would offer people and a theme that resonates with his business
• Call his vendors and see if they have any marketing ideas or have any examples of some other customer’s promotions

As you can see, the list is as long as your imagination. If you have employees, let them do the busy work. It’s easy to fall into doing menial tasks when you’re stressed because, as Dennis Waitley says, “They are tension relieving, not goal achieving.”

So, don’t fret the snow. Use that time to build customer relationships and boost your business.

Posted in creativity, Frank Communications, Frank Goad, FrankyGee3, retail, writing, Frank, Public relations, business, building business, Marketing | Print | No Comments »

19. January 2011 by Frank Goad.

If you hire people at your company, or are involved in the interview process, what is the main thing you consider? This is a poll that I posted on LinkedIn. Please pass this along to colleagues, too.

Posted in Frank Communications, Frank Goad, FrankyGee3, business relationships, relationships, responsibilities, Frank, business, general | Print | No Comments »

16. January 2011 by Frank Goad.

When it comes to clients, I deal with several kinds. Some of the titles are listed below are admittedly my own creations. The list goes from successful to not-s0-successful folks. Maybe you’ll spot yourself in this list:

• Free thinkers - Full of off-the-wall ideas and creative approaches, but not always practical or affordable
• Trendsetters - These are the folks out on the bleeding edge, often the ones who start a local trend; think Malcolm Gladwell’s “influencers”
• Early adopters - Maybe not the first in line, but not far back
• Practicalistics - Folks who take a practical, well-reasoned approach; willing to try new things, but need assurances that it stands a good chance of success
• Willing conservatives - They’ll listen to ideas, but would rather stay near the mainstream
• Long-rangers - These folks are some of the best to work with, and most challenging, because they take a longer view than most and want things worked out to the “nth” degree
• Glamorettes - See advertising primarily in terms of publicity, not persuasion (like to appear in their ads), and let that guide their judgment of plans and ideas (and, yes, there are better ways to approach it); remember, this ain’t Hollywood
• Hyper-hypers - They want to make a big splash with lots of hype and bombast, which doesn’t hold up over the long term; these guys have a sub-group called Megaphoners, who make lots of noise that simply annoys
• Hoppers -These folks hop back and forth between spend-don’t spend, run it-no wait, and so on; the deep and abiding value of consistency seems lost on them
• Scaredy Cats - Their thinking is almost totally governed by fear despite the probable return on their investment; sometimes cheat themselves by being fearful of losing a dollar, or often guilty of short-range thinking and shorter-range plans which, in marketing and advertising, are almost always self-defeating
• Zombies - Despite the fact that in the last five years everything has changed about advertising, marketing, communication and personal technology, they keep doing the same old thing, and often because, “That’s the way we’ve always done it,” which is the worst reason; also wonder why their business is near dead, too, and sucking the life out of them

Of these two, Scaredy Cat and Zombies are the most pitiful because they let fear (of change, adversity, the unknown, etc.) rule their thinking. Everyone knows that the Internet and mobile devices have not only changed marketing and advertising, but society and culture, too. Every year new devices arrive and add another huge wrinkle in how things work and you can adapt or be lostl

Go back to when fax machines became de rigueur in every office and sped communications and business transactions to new levels. You were considered regressive if you didn’t have one, and yet, people resisted. The same attitude exists today and is often exhibited when people say, “Oh, it’s just a fad,” or, “This is a business and Facebook is for play.”

Another example: Despite the overwhelming evidence that blogs are a boon to a business, some companies still won’t allow them because they are terrified of bad publicity. If you get a little bad publicity, so what? Bad publicity can turn out good for you and your business if you handle it well. In the end, if you’re running your business ethically and professionally, you have nothing to fear. Beyond that, how bad can something in your company be, scardey cat? Unless you’re charging for funerals and not burying the bodies, you’re probably pretty safe.

I had lunch with an insurance agent friend who’s trying hard to bring his company a bit closer to the 21st century. While he has a manager on his side, he has two “really old school” guys who can’t imagine what Facebook and Twitter can do for their business - zombies. He even had to get clearance to have a personal Facebook page. The shame of it is that they’re cheating the company out of revenues and him out of commissions.

Open your mind and look around.There are more and better ways to connect with customers than ever.

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13. January 2011 by Frank Goad.

You just got a coupon in the mail - wow! 50% off! You rush to the store and score a killer deal on a new whatsit by Whosis Electronics – you’ve wanted that one for months. Basking in the warm glow of zero buyer’s remorse, you decide to go back and look for other items in your mental shopping list.

Next visit, you see sale items, but discounts are a paltry 10% or 15%. After 50%, all the prices seem too high, and there’s the rub: Your expectations were set based on your first purchase.

This can become a trap and, worse, a habitual way of doing business. I’m going to talk about Kohl’s and, to be sure, I shop there often and like their stores. I’ve noticed they always seem to have (guesstimate here) roughly 50%-70% of their merch on sale. It makes me skip regular priced merch and, worse, think their retail prices are artificially high so that any sale item seems to be a bargain. They seem addicted to sales with crazy discounts.

I see companies having 50% off sales. If you’re in an inventory or tax crisis, sure, it makes sense. Short of a crisis, it devalues your image and overall value in the customer’s eyes. They ask, “If you can discount 50%, then are your regular prices too high?” It also makes customers wait to see what your next sale is going to be if they are loyal; if they’re not, they’re going to shop you to death.

So, what about Groupon, which so many people are saying is the next wave? Well, ask yourself this: When I buy, do I look for value or the cheapest price. You might say, “That depends on the item or service,” and indeed it does. But go one step further and ask: Which builds real, true value in the customer’s eyes, coupons or being the best at what we do? Obviously, the latter.

Your competition might be discounting like crazy, and that means they might be addicted to coupons. They’re trying to make up lost margin in volume, but that’s a plan with diminishing returns (and that’s a whole other post for later). Sure, every now and then, coupons are a good idea, but be very, very frugal. Build value with customers first, then discounts seem like a reward, not a desperate move.

Posted in Frank Communications, Frank Goad, FrankyGee3, building business, business, Advertising, Frank, damage, Marketing | Print | No Comments »

10. January 2011 by Frank Goad.

2011 looks to be an interesting year. The economy is picking up, technology is marching ever faster and we all are going mobile.

The Environment: The world is getting greener, and that is a GREAT thing. Sure, clean air and less carbon is a good thing. Just as good is our ability to reduce our dependence on foreign energy sources. Now, if our infrastructure holds up (the wires that bring us the “juice”) gets some of the additions that the utilities and the government keep discussing, we’ll be able to continue using less oil. Even diesel trucks are getting cleaner. Caterpillar released a hybrid bulldozer in 2010 - yes, it uses electricity and diesel - after years of research and it looks like a winner. That should help them continue to be a major world player. After all, the railroads have been using a system like that for years, so why shouldn’t transportation and construction benefit, too?

The bad news is that glaciers continue to melt at an ever faster pace. You might think, “So what?” It means that the delicate balance of this earth is dangerously out of kilter. This isn’t me preaching, it’s me saying that denying it is whistling past the graveyard. You don’t have to re-make your or your family’s life, just take it one little change at a time. Make one environmentally sound act a habit (recycling, taking bags to the grocery, driving a wee bit more conservatively - you know what to do) and, once that’s something you automatically do, add another.

If you need motivation, just remember this one saying: We are only borrowing this world from our children - how will you return it to them?

The Economy: Unless there is a disaster of Biblical proportions, Americans should end the year better than they started it. There are those pessimists (yes, more prognosticators) who say that the Republicans will do nothing to fix the economy until after 2012 election but, since they now have the House, that’s giving the Dems two years of ammo, and that doesn’t seem wise to me. Those darlings, Goldman-Sachs (yes, I know - they have a history, but they’re not stupid, either) said this about 2011’s economy:

“Our revised forecasts for 2011 and our first forecasts for 2012 tell a story of continued global recovery. Most striking, given our long-standing downbeat view on the US, we now show a substantial acceleration in our US growth view.”

They’re even saying that there has been growth since ‘09, but not enough to budge employment. They think that could well change this year. Let’s hope so.

As to dire economic predictions, some of these folks are clueless, some are born pessimists (”It’s gonna storm!” Ten days later it does, “See, I told you so!”) and some will do anything for a headline. In the end no one knows, but a stubborn willingness to cooperate with pessimists will make even the worst of times better. (For the ultimate proof of that philosophy, read Viktor Frankl’s “Man’s Search for Meaning.” You’ll never see life the same way again.)
Technology: Texting is mainstream now and around 2.5 billion (yes, billion) text messages are sent every day (I think my daughter is a major contributor to that).

Last year, we saw “hacktivism” – hacking by political activists – really play out in ways we couldn’t have predicted. The Stuxnet worm that attacks the Siemens software that runs chemical plants, manufacturing facilities and (gulp) nuclear plants caused much head scratching in the security world and, for some time, was bare contained, if it was at all.

It seems we’re in that age where a virtual vs. physical crime world is being played out, and the balance seems more and more to tip into the virtual world. We truly are headed into a 1984/Brave New World/I Robot era that will pit the best and brightest on both sides of the line against each other. The lure of easy money with diminished chances of apprehension are drawing many bright young minds into the cyber crime world. It seems the release of the new Tron is rather timely.
There is hope, though, in the form of companies like IBM, HP and other large multi-nationals buying or merging with security firms. While they’ve not ignored security, it has always seemed like an afterthought to me. With these combined forces, perhaps computer security will be stronger than ever because:
• The big companies have the resources and capital to create better security measures
• They “bake” security into their products to create systems that can better defend themselves
• They have a global view that allows them to track trends, activity and malware better
My prediction is that Blockbuster closes most of its stores in metro areas because there are so many ways to get movies streamed in … and out. Slingbox and other devices, including Dish Networks new unit (with a service called TV Anywhere), allow you to watch TV and other content anywhere you can get a reasonably fast connection (meaning Wi-Fi, 4G or LTE at this point).

Tablets and ebook readers are sprouting like dandelions and the prices (as you’d expect) continue to fall. There are rumors of a tablet coming from India that will sell for $99 or less. This means that the schools that have been pushing to get laptops into students hands can now put tablets in them for much less.

Politics: What’s coming with Congress? You have got to be kidding. Predicting what that bunch of clowns is going to do is like saying exactly where the next meteor will fall.

I think what we will see is that,  in the wake of the tragic shooting of Rep. Giffords’ and the other poor souls, some of the fiery rhetoric will taper. With any luck, folks like Beck, Limbaugh, O’Reilly, Maddow and all the other blowhards – wait, I think we’re supposed to call them pundits and broadcasters – will realize that their screeching does more than help their ratings: It causes harm.

For a long time, I’ve been a broken record saying over and over that these folks have a main, overriding purpose. It is not to espouse truth and the American Way. It is to get ratings so that the broadcasting companies can sell more ads. They act all righteous and patriotic, but the real purpose is to get more and more listeners and enrich their coffers and those of their employers.

Please, please, PLEASE don’t fool yourself into thinking that they really care. If they did, they’d run for office where they can actually roll up their sleeves, get dirty and make a difference. As it is, way too many broadcasters are shrill voices that are often wrong or mean-spirited. Even Sarah Palin has gotten smacked around a bit in the wake of the Arizona shootings for previously using what looks like cross hairs on a map of political targets. They have responded with the typical eye-rolling over-response, bleating that casting any blame on them is “disgusting” and “revolting.” Whatever.

In the end, the year will largely come down to what we make it. Mine’s going to be good with last week being an exception (much weirdness right off the bat). I hope you’ll resolve to be of the same mindset. If not, scroll down to the video of the man with no legs and only little flippers for arms, and then try to tell me you’ve got problems.

Posted in environment, the economy, Frank Communications, Frank Goad, FrankyGee3, 2011, business, left wing, backlash, right wing, Frank, shipper, responsibilities | Print | No Comments »