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The 6 Habits of Highly Effective Marketers

August 13th, 2010

Most business owners, experts and professionals understand the importance of providing non-promotional, educational content during the beginning of the relationship with a customer.

In essence, content marketing is information marketing, and information marketing is the new currency on the Internet. The challenge is how to translate your information into products with high perceived value.

6 habits of effective marketers The 6 Habits of Highly Effective Marketers

It’s indicative that every business can now be called an information business because we all need some kind of information to make our decisions, learn how to solve our problems or to help us get what we want in life. Simply put we want our physical, emotional, mental, and spiritual needs met in order to take actions.

And getting people to take action through marketing is the most valuable skill anyone can learn and master. (Not to mention it’ll also improve your interpersonal relationships and communication skills.)

This is why great marketers focus on communicating the value and translating the utility of the information. Whether the goal is to get the prospect to click on your website link, sign up for your newsletter, join your coaching program or buy your information product, it requires meeting the right balance of Needs versus Wants from the prospect’s perspective.

Done right, you can leverage powerful internet tools to attract pre-interested and pre-motivated prospects that are ready to buy and start a business relationship with you. Not only will you be perceived as an influential authority but you will gain credibility and trust without having to convince people to buy your product.

So what does it take to be an effective marketer today? Here are six traits of highly effective marketers:

1. Effective Marketers Make No Assumptions

People often don’t question their own assumptions about what will work. Majority of the entrepreneurs, experts, marketers like to spill out their solution without asking what exactly their customers “think they want” that can solve their problems.

Imagine a doctor telling you what’s wrong with you by just looking at you from a distance. Even if the doctor has the correct diagnose, would you trust their advice? Great marketers know that they don’t know what they don’t know. They ask questions and dig deeper below the surface to identity the pain, urgency and frustration of their customers.

In addition to finding out what the problems are, it can also serve as your free market research. Start talking to all your prospects and customers everyday and continue asking why until you get to the root cause, you may be surprise what’s going on inside their reality.

Take a look at this recent research insight provided by MarketingSherpa and IDG from surveying buyers and B2B marketers about specific factors that motivate recipients to opt-in, open and engage with vendor email.

impact of offer b2b content marketing The 6 Habits of Highly Effective Marketers

Notice the difference between what marketer and buyer values. Buyers actually gave the highest rank to promotional content!

2. Effective Marketers Are Storytellers

Once you have identified your customer’s problems, help them make the logical connection between their needs and your solution (product or services) one step at a time. This way they don’t have to work to figure out how to use your knowledge or expertise to solve their problem; instead you reverse engineer your solution from their problems.

Top marketers know how to connect the dots by using narrative to set the quickly get people’s attention. It’s one of the 3 most effective content marketing techniques you can use.

The idea is to ensure your solution sounds exactly like what’s going to solve their problem when you finally get to introduce it typically “at the end” so it’s easier to digest.  Keep in mind that you should never present your solution prematurely, it will only create disconnects which leads to distrust.

Maintaining the communication channel open is critical in facilitating the buying process because people don’t care about your products and services, they just care about themselves. So even with storytelling, guest who’s perspective and story do customers like to hear? (Hint: read the last sentence again.)

3. Effective Marketers Build Relationships

What is relationship and why important? Everyone talks about relationship but what exactly is relationship? Here is the definition of relationship from Wikipedia: “Relationships usually involve some level of interdependence. People in a relationship tend to influence each other, share their thoughts and feelings, and engage in activities together. Because of this interdependence, most things that change or impact one member of the relationship will have some level of impact on the other member.”

So a relationship can impact one another mentally, physically and emotionally. This is why social media is a great way to relate with each other to see if the other person is like you, identify a common ground to connect via LinkedIn, follow on Twitter and “friend” on Facebook. In fact, a relationship is a process to continue to relate until we feel related, full of emotions and thoughts of the other person.

A critical mistake many struggling experts, marketers and business owners make is thinking of their customers as “its” they can manipulate. Wrong!

Great marketers focus on building relationship to have trust, admiration and credibility that extends beyond business transactions not to mention people will buy more and refer to from those they like and trust.

4. Effective Marketers Are Givers

People often forget that trust is earned over time typically on a more intimate level. In order to introduce your great product or services, you need to earn the right to ask for the sell. This is the framework of the “freemium” business model, where you offer so much value to your prospect that their respect for you goes up instantly.

This requires you to supply relevant content or information and ultimately give away your best stuff to show that you’ve got the goods! (Do you?)

This feels counter-intuitive to most experts and business owners because they feel like they’ve earn the right to charge for their expertise or services through years of experience or training. The problem is they, the customers, don’t know and won’t believe that you’re in their best interest until they get to know you.

Effective marketers aren’t afraid to give away their best stuff because knowing how to drive a car doesn’t mean you’ll win a race even if you start with the fastest car.

Authors like Seth Godin, Yaro Starak, Brian Clark, Michael Steizner and Darren Rowse are great example of over-delivering their value so when it’s time to ask for a sale, readers usually come to expect and respect what they bring to the table.

5. Effective Marketers Know Everything Is A Test

Today, the market moves so fast that it’s important to understand the real goal of marketing is to focus on the long-term strategies to get customers.

There is no silver bullet that will bring you sustainable instant results. In fact, it’s vital to have the right mindset knowing that every action you take is to validate your ideas from fact gathering.

Great marketers do not hold their ego to their chest; they look for facts and data that enable them to make incremental improvements.

This is why direct response marketing delivers better results than institutional branding and advertising. They have different appeals with different purpose but direct marketing is more effective in small to medium size business than branding or making logos and websites “look nice.” Your investment in marketing efforts should always be measurable in some ways, think of it as making progress not perfection.

The best marketing ROI is about profiting from the time and money invested in your tests! You would test the water before you jump into the pool or drink a hot soup right?

6. Effective Marketers Are Laser Focused On A Niche

Successful marketer choose a niche and stick to it. They inject all the experience, knowledge, theories and ideas they have and consistently create content around it. Everything is narrowly focused so it speaks to those that are looking for solutions in that topic.

They deliver bite size chunks of information to ensure that their audience learn and take actions. Ultimately it’s about delivering value that are solutions not just suggestions.  Since people aren’t good at valuing anything with out learning (more information again), top marketers knows to create techniques or systems that enable the prospects to understand the value of the solution.

Simply put, great niche marketing minimizes misunderstand and delivers high value information that pushes the buy button. And to do that, it requires focusing on the needs of the customer without assumptions. (goes back to#1 above)

A great method to do that is to learn Neil Rackham’s SPIN Selling technique by focusing on asking the right Situational questions (find out what’s going on), Problem questions (challenges happening), Implication questions(what the challenge implies) and the Needs-payoff questions (the price tag on solving the challenge).

The take away: Marketing is a skill that you can learn and should be practiced everyday. In fact, thanks to the internet today there is very little barrier to entry for anyone to do marketing. The information are all out there, you just need to follow some simple steps to start marketing your product, services or your personal brand.

The six traits are the building blocks to form powerful influence which is explained by Robert Cialdini’s book Influence: The Psychology of Persuasion as ethical persuasion in reciprocity, scarcity, liking, authority, social proof, and commitment/consistency.

What do you think the most important trait of a marketer is? What worked well or not so well for you? Love to hear your comments, share it with everyone!

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Author: Eric Tsai

The 3 Most Effective Content Marketing Principles

July 29th, 2010

It will be increasingly difficult to grab attention from anyone on the Internet or in person. You may spend hours writing a great blog article, creating a high-value video or designing your marketing slicks only to find that people just aren’t interested in consuming them. Why? Because we’re being bombarded by messages, alerts, and feeds every second. We’re constantly distracted and interrupted when we invest our time on the Internet. As a result, our brain essentially reconfigures itself.

This is what Nicholas Carr, the author of the book The Shallows: What the Internet Is Doing to Our Brains, found when he studies how the Internet influences the brain and its neural pathways. Basically he discovered that the mental and social transformation created by our new electronic environment makes us shallower, unable to concentrate and strips our ability to do deep creative thinking.

Carr argues that,” We want to be interrupted, because each interruption brings us a valuable piece of information… And so we ask the Internet to keep interrupting us, in ever more and different ways. We willingly accept the loss of concentration and focus, the division of our attention and the fragmentation of our thoughts, in return for the wealth of compelling or at least diverting information we receive. Tuning out is not an option many of us would consider.”

Simply put, greater access to knowledge is not the same as greater knowledge; and breadth of knowledge is not the same as depth of knowledge.

information overload The 3 Most Effective Content Marketing Principles

So how does this affect your marketing or how you produce content for your business?

The answer is simple. If you don’t produce content in the way that people want to consume them, you will not be read, remembered or passed on.

Most of us simply don’t read and retain what we consume over the Internet like how we do it with physical books. In fact, I heard one of Carr’s recent interview as he described that most people read over the Internet in a “F” formation, scanning horizontally across at the top, then moves down the left and half way down scans again across.

It’s indicative that in the process of producing compelling content you take consideration in the following mistakes to avoid so you have attractive “looking” content in format, length and appeal.

1 Strong Opening That Gets Straight To The Point

Great copywriting is not different than great public speaking. You must instantly grab people’s attention in a thought provoking way without trying to be fancy. This is why article/book titles, the first 10 seconds of you meeting someone are so critical to set the tone for your audience.

Your audience’s mind wants to see the payoff by giving you the attention and their emotions are driving the need for you to get to the point. This is extremely important as we humans do a lot of consequential thinking to figure out why we’re investing our time in consuming information.

Most experience professional coaches, consultants, marketers, gurus or trainers have a lot of knowledge, but they often forget that they are the expert and their audience are not, so it’s important to open with great title or introduction that immediately gets to the point. The wealth of information usually overwhelms normal people, focus on emotional connections so you can meet them where they’re at and try not to use any of your professional jargon.

2 Use Emotional Keywords And Phrases

Give them what they want then facilitate what they need as the content unfolds. Leverage emotional keywords and phrases that automatically paint a specific picture and are easy to understand. When you use complex, difficult to understand phrases, your audience has to do all the work to figure out what you mean and it interrupts the flow of consuming that piece of information.

Stay away from theoretical, conceptual, abstract and general terms in your communication. Focus on communication that brings concrete, emotional and specific outcomes.  This is because we’re wired to respond more with what Paul MacLean discovered as our reptilian brain or what some calls lizard brain.

MacLean’s evolutionary triune brain theory suggests that the human brain was made up of three brains: reptilian (self preservation), limbic (emotions) and neocortex (logic).  I won’t go into the details but basically the reptilian brain can hijack the higher levels whenever it wants to do so especially when there is a pain point or urgency to solve a problem.

It can be as simple as obtaining new knowledge (we want to be in control, read this post) or looking for an answer.  People don’t go to seminars, watch videos or engage in a conversation with you for no reason; even entertainment and the need to connect or to be heard is something we unconsciously look for.

3 Leverage Powerful Stories That Creates Your Marketing And Conversation

Story develops relationships with people. In order to do that people have to like you, know you and trust you (and yes, you can do that over the Internet). Just having social proof is not enough, just being a likeable person is not enough. Both of those are great foundation to build your relationship on, but ultimately people are more likely to buy what you sell if they trust you.

And trust can be built via powerful stories that motivates and inspires people.

When developing your story think of your story as a movie. There is an opening, a situational challenge and then it goes through a rollercoaster ride that eventually hits a turning point then finally ends.

So how do you position your story?

You need to start your story high where everything is normal then take your audience to a low point where they can relate and connect but don’t make people feel sorry for you. And then through a turning point or a series of events you overcome the lows and that’s where you give your audience hope.

It is NOT about you but your audience. Don’t make it your life long story or biography; focus on a specific area of your story that allows people to quickly learn about who you are.

Your story is a way to show your humanity so people believe what you can do for them.

The take away: Content marketing is about creating information that are meaningful to your audience and engages them emotionally. The real value is when you’re able to meet them where they’re at psychologically and make them highly motivated to take actions. Whether it’s signing up for your newsletter, buy your product, get your coaching or read your book. In fact, it can also be used to get your internal team on board or management buy-in to your proposal.

Everyone is inundated with information, overwhelmed with daily tasks and if you can focus on the 3 principles above, your audience will be drawn to you more because you make it about them and easy for them. How do you approach marketing your information, content or product? Share your thoughts below.

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Author: Eric Tsai

10 Reasons Why You Are Not Getting The Results You Want Out Of Your Marketing

June 29th, 2010

You spent countless hours crafting your marketing campaign investing money and hiring marketing experts to help guide you through the process. You get ready to push the launch button, waiting for emails and phone calls come pouring in, then…

Nothing happens. But what could go wrong?

You did the things that the marketing “experts” said you should do with your keywords, putting up blog articles day after day, uploading videos and sending out email newsletters.

Why?

Here are 10 reasons why you’re not getting the attention, buzz and most importantly – the sales conversion. Oh, and let’s assume you have an unbelievable product.

  1. Your marketing message is full of “I” and “me” instead of “you.”
  2. You didn’t communicate the “why” (from the “I” perspective)
  3. You didn’t communicate the “what” (again from the “I” perspective)
  4. You didn’t communicate the “how” (need I say more from which perspective?)
  5. You didn’t communicate the “what if” (as in what if “I” was to buy and use the product)
  6. Your marketing talks at people about your own expertise instead of showing them how your solution solves their problem.
  7. You make assumptions about your customers (because you already sold some products before or you just know because you’ve been doing it for 20 years, ok great continue to do that then) instead of focusing on fact gathering (read my last post on listening)
  8. You didn’t do enough testing on your products, services or marketing messages before you launch
  9. You use all your email and social media as a one way push advertising instead of two way conversation (to help you pre-test)
  10. You lack compassion and didn’t empathize with your prospects because you’re too focused on the bottom line – making money

The talk away: Don’t be all things to all people. You’ll have a better opportunity to convert sales (subscription, readership etc.) if you narrow down your target market because you’re a big fish in a small pond so just go after more small ponds! Don’t swim with the sharks in the big ocean because chances are, you’ll become their lunch.

Ask yourself if your marketing message is tangible, external, specific and measurable to your target prospect? And try NOT to use the word “I” or “me” in your message.

Here is one of my all time favorite (and world famous ad) created by the genius David Ogilvy. Notice how many “I” or “me” were used in this ad – none. Focus on the title and you’ll learn how this 1959 ad is still the foundation of today’s direct response marketing.

ogilvy royce ad 10 Reasons Why You Are Not Getting The Results You Want Out Of Your Marketing

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Author: Eric Tsai

Awareness to Action: 4 Steps to Sell More By Getting Inside the Minds of Your Customers

June 18th, 2010

Over the past months I wrote about how to find your customers in order to improve your customer segmentation and gain better understanding of your niche market. Everything goes back to connecting with your audience so you can craft campaigns utilizing tactics such as email marketing, SEO and social media. Then as more businesses learned the tools of the trade, I brought up the point of adding value on my last post because ultimately knowledge will be commoditized similar to most disruptive technologies. The trick is maximizing the use of your knowledge (when it’s still valuable) to help you grow your business and become an authority in your domain expertise.

If there is one thing that technology won’t be able to replace (at least not easily) it would be the content of your communication. Every business and individual are elevating the concept of the freemium model, publishing free valuable content on the social web, competing for clicks, eyeballs and engagement opportunities. It’s what Seth Godin calls “permission marketing”, what Hubspot calls “inbound marketing” and what Joe Pulizzi of Junta42 calls “content marketing.”

However you like to label it, it’s basically creating content that communicates the value in which your target audience values then leveraging it as the bait to attract those in need of your solution (products or services). This is a highly targeted approach like design thinking, social design and service design that truly serves up what’s going to solve a problem rather than just bunch of trivia concepts or random thoughts. It’s also a validation on how your content is really worth on the internet where content is the new currency.

And to stay competitive and survive the ongoing challenges marketers and business owners are presently facing, they need to reassess the way they build and maintain relationships with customers. A product or service is merely a means to an outcome. The real core value lies in the story attached and that is where marketing truly shines.

I don’t want to use a microwave – I want the ability to quickly eat hot food so I can get on with my life. I didn’t go to Home Depot to buy paint – I want a painted wall for my new living room. I don’t want to use Google – I want answers to my questions now.

You see, you may be very good at what you do but your communication may not do you justice and as a result you end up with lame content that just sounds like everyone else. And to make matters worse, if you don’t know how to market your content, your content will just sit on the web with little to no traffic.

Unfortunately this is not going to help you in translating how great your product is or how much value you can bring to the table. In this article, I will explain what to listen for and how to take quantitative measures from listening so you can drill down to the minds of your customers. Then I will show you how to communicate effectively so your solution sounds exactly like what’s going to solve your prospects’ problem.

social influence Awareness to Action: 4 Steps to Sell More By Getting Inside the Minds of Your Customers

Step 1: Gather Information by Listening

Many people know the concept of listening and yet few are able to do it well (everyday I continue to practice listening). Listening is a form of information gathering which allows you to take in the data, process and abstract meaning out of the dialogue. In a typical conversation people tend to wait for their turn to talk rather than actually absorbing the meaning of the words. We all have some sort of attention deficit as the by product of all the distractions around us from cell phones to emails, from writing a blog article to meeting with your team, from preparing dinner to picking up your kids, we live in a fast pace society.

The trick is to unlearn your habits of making assumptions and let go of as much preconceived thoughts as possible and simply focus on what’s been said at the moment of the conversation. Think of it as taking a training course and preparing your mind to get into the learning mode so you can pay 100% attention during the interaction.

Listen for key emotional phrases that are connected to a person’s problem. Typically it will sound like this: “my business is xxx” or “I want to xxx but xxx is xxx”, try to dig deeper and get the frustration and emotions out of the conversation. This helps you to identity what that person values and where the connection points can be made. Take notes if you have to but avoid memorizing what you want to say (I know you want to help) because you will be interrupting the other person and stop listening altogether. When you try to do anything but listen, you also break the flow of the other person’s thought and the energy of the dialogue making it harder to identify the key emotional points. Take notes and wait until the other person finishes.

Easy right? It takes practice. Plus if you’re good at what you do, you should be able to provide instant feedback by looking at your notes.

Remember, people don’t care what you have to say unless you show how much you care about what they have to say and how they feel. Yes, how they feel is where the connection point can be made. This is why great sales people always listen first and ask questions later allowing their prospects to fully emerge into an emotional output session. This is a skill that takes practice so try it with your friends, colleagues or family as often as possible. You may find that this will help you discover more about them and can also help them to understand you better. It all starts with listening.

Step 2: Pinpoint Signals Avoid The Noise

The key to forging a powerful connection with your audience is to first understand that people simply want to be heard and understood. If you can describe your prospect or customer’s problem better than they can, they will automatically assume that you may have the solution to their problem (most of the time). Even if you don’t have the exactly solution, it’s a great way to establish a common ground for the relationship you’re forging.

And why do we want to connect with others? It’s just how we build trust, the “wow, this person gets me…” or the “OMG, you know exactly what I’m going through!…” emotional connection. Not everyone is good at communicating their problems, thus when someone perceives that you sound and looks like an expert, you may just become the expert that’s going to solve their problem (or maybe you are an expert? But are you just an expert in your own mind?).

Keep in mind that the focus is on validating your assumptions. Ask questions that helps to confirm their pain points, their vision of success or their desired outcome. This requires a lot of critical thinking and again do not formulate conclusions from your assumptions unless you have enough information. Otherwise go back to step 1 and ask more open-ended questions so you can listen again.

This of course, applies to all form of conversations including blogging, social media and email exchanges. The idea is to abstract the emotional triggers from the depth and tonality of the conversation so you can fully understand the opportunities to build meaningful connects. If you ask the wrong questions, it just shows you don’t get it and you’re eager to sell yourself, your story and your products. You will get your turn but you must be able to distinguish the signals from the noises.

At this stage, you should still be more reactive allowing your customer to freely express themselves. The most valuable information are those that are freely expressed without boundaries from your prospects. This is also the core value of surveying your customers so you can apply what you’ve learned to improve your product and services.

Step 3: Build Connections That Create Convictions

Once you’ve got solid understanding of the problems your customers want to solve, you then must learn to get into the minds of your prospects so you can turn them into customers. This is the “I heard, I know, I understand, I believe and I do,” steps that lead to actions through the use communication.

Most people are good at passing through “I know and I understand” stage, but it’s the “I believe” stage that communication often fails to connect resulting in no action. You buy a product or change an unhealthy habit because you would only take the action after you become convinced of your decision. Most people don’t realize that a desired action is often brought out through the use of specific communications tools from advertising to word-of-mouth testimonial, or via social proof endorsements. Simply put, people don’t just do what we want them to do because we want them to do it; they need to convince themselves first by having the right information.

And how do they know that it’s right for them? Well it’s by moving through each of these communications steps that people will take action. So if the “I heard” part doesn’t resonate, it won’t move into the next step and in most cases it’s your professional jargon or the inability to identify what it is that your customer really values. So your job as someone with the solution should be to help by facilitating them through that discovery process and not forcing your ideas upon them. Again, it’s not trying to convince them, but helping them to convince themselves.

A great marketer knows how to unleash the power of communications and seeks to understand their target market needs, perceptions and how they like to receive information.

Is it how expensive (monetary value) your products are? Or how much time you’ve invested creating your solution? Perhaps it’s the work and labor you’ve put into your services. Whatever it is, they must do the job of translating why they should take action to contact your or buy your product.

Step 4: Convert With Meaningful Communication

Once your prospect is convinced of their decision, there usually is no turning back as the human brain will attempt to rationalize that decision from the emotions of wanting to feel good about moving forward and the urgent need to solve their problem.

It’s indicative that most “modern” businesses realize that customers respond more to an emotional connection, thus it’s not about selling but educating. And educating requires providing how you are going to make their lives easier from a more personal perspective. This is the part where traditional business owners have a hard time letting go of what they perceive as high value in their knowledge. It’s true that giving away your knowledge can feel like doing something for free that you usually get paid for, the key is figuring out where to draw the “free line.”

However; I’ve found in many instances, people simply won’t do it even if you provide detail step-by-steps. For example, recently I wrote a detailed article on “how to use Goolge and Twitter to find your customers,” and have received many emails from people telling me that I’m stupid for giving out such high value content. As a result not only have I gotten more leads and referrals but I was able to sign up clients while using it to make a case for content marketing, sort of proofing that this stuff works!

You must be able to paint the picture and hit home with what your solution looks like to your prospects, communicate the results they will achieve and the steps they will need to take in order to achieve those results.

Sounds simple but all too often I came across marketing messages full of features and benefits (especially for technology companies or specialty industries) that typically starts with “our innovative products are designed for xxxx,” “our company has xxxx technology that’s xxxx” or the ever popular “xyz company is the leader in xxxx and have xx years of experience…”

So what does it all sound like to the prospect? It’s all about YOU, not them and that’s not going to take you far. Businesses are quick to tell people what they have but forget that their prospects are in different stage of the buying cycle. It’s important to speak the language that they understand and values which is why you need to focus on their needs. So what if you’re an innovative company or a leader in your space? Who isn’t innovative and a leader in their space these days?

The Take Away: The meaning of your communication is the response you get from your audience. If you don’t like the responses you get, you’re not doing a good job of translating your value. If you can do step 1-3 well, you should have good amount of data to start writing great sales copies and headlines that gets inside the heads of your customers.

And by using what Robert Cialdini’s six “weapons of influence” (reciprocity, commitment and consistency, social proof, authority, liking and scarcity), you will end up with powerful communications that gets you phone calls and inbound traffics. The worse that can happen is you actually don’t have a solution but you marketed as a solution, or your product sucks and it doesn’t solve any problem. In that case great marketing can only help you fish for a day because the fish will learn that your bait isn’t a real one.

What do you think? Are you communicating the right way? Leave me a comment below or share your most effective marketing copy.

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Author: Eric Tsai

What is Adding Value and How it Applies to Social Networking

May 28th, 2010

As a social media advocate I often discuss adding value to the conversations, to the communities or to the relationships. I guess I assumed everyone already knew what the term means and how it applies to them until I started to get questions from people.

So what exactly is adding value and how? Is it just an over-used marketing jargon? An illusion of a feel-good emotion? The more I use the term “value” the more I feel like it’s loosing its soul (I’m guilty as charge at times).

One of my favorite artists, the awesome Hugh MacLeod had a great piece about Adding Value with the quote, “The aim of “adding value” is a hard one to argue with… who doesn’t want to add value to their current enterprise? But it’s also utterly meaningless…”

hugh macleod adding value What is Adding Value and How it Applies to Social Networking

Well, obviously there are many ways to look at it but here is how I perceive the meaning of adding value.

Let’s face it, most businesses wants to add value to the bottom line which means making sales and growing profits. In sales, adding value used to mean networking in the best interest of your company or your career which is to sell, sell, sell! Today it means helping people to make informed decisions, finding out their needs first and showing an interest to solve their problems not yours. The one way sales pitch broadcasting simply becomes part of the meaningless noise in a sea of noises.

The Meaning of Knowledge

In sales, either the product sells itself (more of an affirmation and emotional validation) or it’s selling via education (information and data). A Porsche salesman don’t sell the 911 Turbo, they sell the experience of buying a Porsche (great products drives emotions). On the other hand, a Honda salesman sells the features and benefits against competitors like Toyota and Nissan (value proposition, more needs than wants).

In both scenarios, the goal is to ensure that the person feels good about the decisions that they’ve made (or going to make) on the purchase which leads to trust building. And trust is built on relationships from knowledge and actions.

The more knowledge you have, the less fear you have, the less stress you feel and the better you feel about your decision making process. You could think of having knowledge as freedom from limitations and having information is empowerment. The ability to make your own decision is valuable because who wants to be pressured into buying?

Emotion Trumps Logic

Now you know the importance of adding value through knowledge transfer, you then need to know how to take actions with your knowledge. Besides physically helping someone, the action part comes down to communication. And because emotions are the essence of the communication, marketers need to focus on the emotional needs of the customers at the time when feelings are vivid. This mean to empathize with your customers and truly focus on how to make their lives better. You can’t make people’s lives better if you don’t understand their lives.

When you solve someone’s problem, they’ll usually remember it not because of the facts but because of how they felt when it was happening. Simply put, memory is tied to emotions and emotions are more real than thoughts.

Now apply that to marketing and you’ll realize that providing useful and meaningful information does exactly that – it makes people remember you if you satisfy their needs by providing value!

This is why the increasingly Social Web is a great place to find those that are in need of knowledge (also why information product sells). When you need an answer, you want it now, you Google it (you can Yahoo or Bing it too of course). The online conversation across all social networks are as authentic as it gets, besides the offline in-person engagements, because it’s taking place when people are still feeling the emotions dealing with their problems – what is, how-to, why is, who can…you get the point.

The rest of it is about the context of adding value, at the right place at the right time. The optimal time to email your subscribers, the suitable LinkedIn group to contribute knowledge or the people you engage on Twitter – they’re all channels to add your value to the conversation within the communities to forge solid relationships.

Motives and Actions

The last point in adding value is the motives behind such actions. Why are you doing this? Why are businesses embracing the freemium model?

Most of the time the objective is to create brand awareness, build credibility and what I keep pounding the table on: to create social proof around the topics of health, wealth and relationships. However; there is always a trade-off, you get free Gmail with all the awesome features of other Google Apps because Google advertises around your inbox. The same applies to most of the social networks like Facebook and LinkedIn. You’re exchanging personal information to use their products.

My take is that if you’re honest about your intentions and focus on serving only those that matters to your business, you will attract the customers you want. Like what Seth Godin wrote in his book Purple Cow, “the key to failure is trying to please everyone.” Well, he’s right, everyone is NOT your customers.

And the science behind motivation isn’t as clear cut as features and benefits or even monetary rewards. Checkout this video by RSA animation adapted from Dan Pink’s talk at the RSA on “The surprising truth about what motivates us.”

The take away: Identify your customer’s problem is where adding value starts. And listening when they talk is your opportunity to fill the value gaps. Think of it as facilitating the process of buying on their terms not yours. You have to create the right environment that entices people, and if you do it well, then they will show up and join the party. It is only by adding value you will be remembered, reciprocated and passed on (via word-of-mouth).

There are simply too much information and too little time. Marketing messages are everywhere and people have developed ad blindness, seeing doesn’t mean retaining.

Are you adding value?

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Author: Eric Tsai

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