Psychology

You didn’t get there on your own

September 16, 2020

One of the contributors to every organization’s success is the business partners that come alongside us to serve our clients better. Most businesses are reasonably good at showing their appreciation for customers. But the vendors who often save the day don’t always get showered with the thanks they deserve.

One of the truths of being in business is that sooner or later our clients get in a jam and we have the opportunity to save the day for them. But we rarely do that without an assist. I think in those moments, we probably gush with praise. As we should. But in the calm of “normal” workdays, our business partners are often the unsung heroes.

Harvard Business School and Wharton published research that shows that expressing your gratitude can result in a huge spike in a vendor or partner’s investment and willingness to help your business when you are in a jam. And if there is a given, it’s that we’re going to be presented with the opportunity to help a client navigate their way out of a mess.

I’ve seen some really wonderful ways that businesses express their gratitude to those save the day partners. But the common thread that connects all of them is that they’re intentional and calendared. If we don’t assign it that level of importance, it will get lost in the chaos of our day.

The suggestions below are not new ideas. And you’ve probably done some of all of them once or twice. What I am suggesting is that you magnify that occasional burst of gratitude by systemizing them. Which one of these, or a variation of one, would work for your organization?

Send your thanks up the chain: When someone at one of your partner companies goes above and beyond, don’t just thank them, send a note (not an email) or letter, celebrating what their teammate did. Let them know that the extra effort is what you value most about your work with their company and how it has earned your confidence and loyalty.

What if you identified one partner a month to celebrate with a letter to their boss? Get it on your calendar, so it actually happens.

Create connections: There isn’t a business you work with that isn’t looking for new customers. If they’ve been a rock star for you, odds are they can deliver that same level of service to other businesses in your network.

Do you send out a monthly newsletter? Or hold a holiday party for clients and prospects? Why not spotlight a vendor who is worthy of some extra praise?

Invite them in: One of the most impressive ways to thank a good business partner is to be a better customer. Why not ask your best vendors to help you refine the way you work with them? I’m guessing they have some pretty interesting ideas that will help you bring even more value to your customers, make your processes smoother, and elevate your product or services.

This could be a monthly or quarterly initiative. Ask your team who has demonstrated a depth of expertise that you could tap into and invite them in. This collaborative brainstorming will make your company better and deepen the relationship you have with that partner.

We should thank our vendors because it’s the right thing to do. But if you need more incentive, just remember that there’s another jam around the corner, and our business partners can be our best referral sources.

Gratitude can be your business’ superpower when it’s heartfelt and shared liberally. Give it a go.

This was originally published in the Des Moines Business Record, as one of Drew’s weekly columns.

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Are you selling from a position of confidence?

August 23, 2020

Given everything we’re all carrying on our shoulders right now, how in the world do we muster up the confidence to sell?

Marketing and sales are all about confidence. When you believe in what you’re selling, know it is the right answer for the prospect, and can see the benefits the prospect could enjoy – it’s much easier to approach a new opportunity and offer your assistance.

That’s where I think we can regain our confidence. By recognizing that we have something valuable to offer and by seeing it as us offering assistance. Your marketing should be helpful and useful, which builds trust. Once the trust is seeded, sales is about continuing the trust-building while offering tailored solutions that are going to exceed expectations.

Barbara Corcoran, from ABC’s Shark Tank, recently shared a letter that she wrote to the show’s producer Mark Burnett. It’s clear from the letter than she had received a “thanks, but no thanks” response to her audition and I’m sure Mark expected her just to exit gracefully.

Instead, she sent him this letter, outlining very respectfully why this was not the right decision.

Check out her letter below.  Are you approaching your marketing and sales with that same level of intensity and passion?  Do you present yourself with confidence?

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The ROI of gratitude

August 12, 2020

When you focus on being thankful, there’s nothing but good that can come from that emphasis. I have always believed that gratitude can be a business’s secret marketing weapon when it’s baked into the company’s values, policies, and behaviors.

I believe that most people are grateful by default. But I do not believe most people express that gratitude by default, and if they do, it’s not with the frequency that it could or should be. When we’re on the receiving end of genuine gratitude, we feel its power. But we get busy and as ridiculous as it sounds, we forget to be grateful.

Much like any other value, belief, or behavior you want to instill in your company, I think you have to bake in gratitude. It needs to be systematized, even though that makes it sound rote or mechanical so that it becomes part of your organization’s DNA and culture.

When we experience someone’s thankfulness, it colors our view of them and our interaction. It also earns us some extra grace for that inevitable mistake or misstep. More important – it literally pays off.

• Baylor University did a study that documents that a salesperson’s expression of gratitude increased customer commitment, repeat purchases and referrals
• The International Business Research Journal cites studies that have demonstrated that organizational gratitude reduces employee turnover, fosters employees’ commitment to the organization and increases productivity
• Harvard Business School and Wharton published research that shows that expressing your gratitude can result in a huge spike in a vendor or partner’s investment and willingness to help your business when you are in a jam

If gratitude delivers that kind of ROI for a business, how do we make sure that it’s a core value and expression of our brand? You have to institutionalize it. It needs to be part of the rituals, best practices, and habits of your organization.

Let’s look at some ways you can shower your customers with gratitude. This can’t be faked. Gratitude that comes from an authentic place is marketing magic. Gratitude that is scripted and rehearsed to manipulate others is pretty easy to spot. I am all for you spreading gratitude far and wide, but make sure it’s coming from a genuine place. Assuming that’s the case, here are some options to consider:

A handwritten thank you note: In today’s ping-crazed world, where emails and instant messages are all the rage, there’s something very special about a handwritten note. Be specific and clear about what you value about your relationship and being able to be of service.

Client only events: A really special way to express your gratitude is to give your best customers access to something not available to the general public. It might be a sneak preview of a new product, or you could consider bringing in a subject matter expert that will help them grow their business. This is about giving back without any expectations.

Introductions: One of the most significant assets you have is your collection of connections. Thoughtful and targeted introductions that widen their circle and give them new partnership opportunities are invaluable. In your introduction, talk about how awesome they are to work with and give them a rock-solid endorsement.

Ratings and Reviews: Every business is influenced by ratings and reviews these days. Why not create a program that systemizes public ravings about your best customers?

Big or small, start recognizing your clients and overtly thanking them for choosing you and your business. Not only does it have a positive effect on your bottom line, but it’s good for your heart too.

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Build your buying journey step by step

November 27, 2019

One of the staples of marketing is the ability to understand how a human being goes from never having heard of you to actually buying something from you, time and time again. In simple terms, it can be thought of as a sales funnel. But, that suggests a very linear, logical progression and if there’s anything we know about humans, there’s nothing linear or logical about them!

When marketers talk about the buying journey and it gets plotted out, it often looks like a roadmap for a very squiggly, hairpin-turn filled cross-country trek. It used to be pretty easy to map out the customer’s path from lead to loyalty but the Internet has completely changed that. The linear buying pattern no longer exists.

Today, the buying decision is very fluid and three-dimensional. The prospects flow in and out of the stages (Awareness, Credibility, Connection and Loyalty) in a more web-like fashion – with some staying in the early stages for months or years and others rushing from “you’re on my radar screen” to “do you want to get married” in what feels like a nano-second. There are so many more entry points today, that it’s easy to get stuck along the way, especially if you haven’t built in escape hatches to the next level.

In general, prospects are more cautious and reticent today than ever before. The stakes are higher because their organization’s tolerance for slow or no results is very short. Potential customers are often very skittish and slow to make a decision. In fact, in many industries, the sales cycle is twice or three times as long as it was ten years ago.

Prospects can linger in the Awareness and Credibility phases for years. At MMG, we had a prospect carry newspaper clippings from some of my Business Record columns for years before he picked up the phone to set a meeting. Until that call – we had no idea he was in our sales funnel or that we were on his radar.

Some elements in the prospect’s buying journey are accidental and difficult to plan or replicate. Others are very deliberate. It’s important to sketch it out by identifying ALL of the elements you can think of, whether you created them on purpose or they’re just happy coincidence.

For the awareness phase, for example, think of all the ways someone could learn about you and your offerings for the first time. That might range from seeing you at a trade show to clicking on a digital display ad. Put together as comprehensive a list as possible.

In the next phase, it’s all about earning your credibility. Why should they pay attention to what you have to say? Build out that list. It’s going to include tactics like content marketing and public relations. But you’re not done once the list is complete.

One of the most overlooked aspects of the buyer’s journey is the connective tissue between phases. How will you move someone from awareness to credibility?

Once you’ve mapped out the tactics that live in each phase and the activities that connect one phase to another, there’s one more step. Because we’re so visually oriented, I want you to create an infographic that captures this information in a way that you can use it to educate your staff and think through your actual business development activities. There’s no way you’ll be able to actually execute on all the tactics in each phase but mapping it out visually will help you make better decisions and identify those tactics that you need to move prospects from one level to the next.

From there, you can create a marketing plan and activities calendar for 2020 that will guide your budget, decisions and action plan.

This was originally published in the Des Moines Business Record as one of Drew’s weekly columns.

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Social media fails during a crisis

October 30, 2019

Social media has changed the way we learn about, share and react to big events – good or bad. We rush to it to celebrate but we also rush to it when the world is in danger or a tragedy has occurred, whether it’s a natural disaster like Hurricane Sandy or acts of terror like the shootings in Pittsburgh or the riots in Charlottesville, VA.

For many of us, social media has replaced traditional media and news sources for that initial alert. I don’t know about you, but I learned about the attacks in Charlottesville on-line. It’s true that I, and many of you, still turn to our more traditional news outlets for ongoing news and updates, but Facebook and Twitter seem to not only inform us of the minute by minute happenings but also uniquely reflects the sentiments and the humanity of the situation.

When we’re in crisis, we want more than the facts. We want to share the experience. We want to express our outrage or sympathy. It’s the emotion of the moment that pulls us into the social channels and keeps us there, eager to participate.

That’s why people react so strongly when a gaffe occurs. The emotions are so heightened that when someone does or says something insensitive or self-serving, people go nuts.

So, how should we handle social media when the country or the world is in crisis? The truth is, if it’s not handled well, you can create your own crisis. And where will it explode? On social media, of course.

When your brand stumbles on a regular old day, you may get blasted for it, but it passes. But when you fail during a heightened time of emotion and scrutiny – that can stick on your brand forever.

Here are some social media fails to avoid when the world around you is focusing on something serious.

Curb all regular postings: This is not the time to share articles, post photos or promote your business. And by the way – doing any sort of hybrid posting where you speak of the situation AND your company, well, that just smacks of borrowing from someone else’s sorrow for your own gain.

Pause all auto postings and auto-tweets: Many people use tools that auto-populate their feeds with great content. But accidentally acting like everything is normal when it most definitely is not can make your brand look at best, out of touch and worst, insensitive.

Don’t use the tragedy to get social cred: This is not the time to solicit likes or followers, even if you offer donations or some other support for whoever is suffering. Profiting in any way from the circumstance makes you look petty.

It’s never funny: I’m sort of stunned when it happens but it seems like some moronic brand always tries their hand at humor. Trust me, it’s never funny. During Hurricane Sandy, Gap joked in a tweet that everyone should just stay inside and hit gap.com for some retail therapy.

Make sure you know which profile you’re using: There have been many incidents where a social media brand manager thought they were using their own personal account to comment on a tragedy or social happening and instead, embarrassed their brand and got themselves fired.

Do all of these faux pas mean you have to stay silent during a national or international crisis? Absolutely not. Share authentic emotion. Let them see the humanity behind your brand. Be a resource. Be encouraging. Be genuinely helpful. Be real.

Just don’t be a social media failure. This isn’t the time to promote, profit or proselytize. It’s time to be human.

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What audiences want — experiences across both digital & physical channels

August 1, 2019

It’s official – Physical and digital engagement is paramount for effective customer engagement. No matter what age, gender or location, consumers around the world agree that when it comes to brand interactions, personal, trusted and reliable omnichannel engagement is THE preferred option and choice. 

Over 85 percent of 2,000 global consumers surveyed by the Chief Marketing Officer (CMO) Council, in partnership with Pitney Bowes, reveal that a blend of both digital and physical channel experiences is the preferred way of interfacing with brands. Yet, only 13 percent of consumers believe that brands are fully meeting this expectation and delivering across both physical and digital channels.  (download the executive summary here)

Bucking the assumption that younger generations are digital-only, 87 percent of Millennials (born between 1981-1996) and GenZ (born after 1997) say they prefer an omnichannel choice of communications. Across all generations, key omnichannel touchpoints are an expectation, not an option. These include access to email, phone, web, in-person engagements, video, social media and printed mail.  The overwhelming majority of consumers – 91 percent – suggest that omnichannel experiences are either important or critical, with 29 percent suggesting that companies should be “where I want, when I want, ready to share and communicate how I expect.”

Among the key generational shifts identified by the study:

• When it comes to channels consumers can’t live without, all but GenZ reached for their phones. For GenZ, they simply cannot part with social, which they are likely accessing on their phone.
• Social emerges as a key channel of discovery and influence for Millennials and GenZ, while GenX (born between 1965-1980), Boomers (born between 1946-1964) and the Silent Generation (born between 1928-1945) rely on websites to discover new products, and they admit that web is also the biggest influence on buying decisions.
• Think ONLY GenZ is an open book? Think again. Across all generations, the majority of consumers are comfortable sharing some data with brands, especially consumers in Europe who have been well-educated about data and its uses and benefits. In exchange, consumers expect to understand what is collected and how it is used. Specifically, Millennials are slightly more inclined to share more data in exchange for better personalization.
•  Everyone gets frustrated when asked to re-start conversations with a brand after they shift to a new channel. But Boomers hold a grudge, as 78 percent – the highest across all ages – say that this frustration has led them to question why they do business with the brand at all.

“It is easy to assume that a single generation will embrace or reject a single channel as we see individual adoption rates soar or plummet year over year,” noted Liz Miller, SVP of Marketing with the CMO Council.  

“But we also live in an age where we are seeing incredible creativity being applied across both digital and physical channels – where digitally native brands like Google, Casper and Harry’s Shave Club are looking to disrupt consumer behavior and consideration patterns with beautiful printed pieces pulled from a mail box and extend the reach and impact of email, mobile and in-store experiences. We can’t afford to ignore or discount physical experiences by assuming digital is the only channel of engagement. Consumers are not focused on channel. They are focused on their own needs, requirements and preferences. The call to action is to meet them in their moments and not in ours,” she adds.

One example of how channels are evolving to increase influence and disrupt behaviors can be seen in consumer reaction and reliance on video. Consumers indicate that control, personalization and the ability to “build-their-own-adventure” were all ways to their hearts and wallets. Nearly half of respondents (48 percent) said they want to engage with videos that reflected specific products and services they own or are interested in. Another 43 percent stated they would like video to be more interactive, allowing them to decide what information they can view and when. 

“It’s incredible to note how even the newest and most exciting of digital channels continue to evolve as consumer preference fully embraces the omnichannel opportunity,” noted Jeff Winter, VP of Marketing & Communications, Pitney Bowes. “Whether by traditional means of communication, or more modern means like video and chatbot, one constant remains: everyone wants to be treated as an individual and it is up to us to deliver on that promise. The amount of data and emerging technologies available today make this an attainable goal for our industry. But it’s those brands who embrace these capabilities that will stand out as leaders in the future.”

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Are you forgetting the Xennials?

February 27, 2019

For the past several years, the world has been obsessed with Millennials. Employers grouse about them, marketers try to understand them, and Gen X parents hope their kids don’t become the stereotype. The general demographic cohort that we have labeled the Millennials were born between the early 80s through the early 2000s. That’s a considerable span, and as you can imagine, the people born in the 80s are experiencing life in a very different way than someone born in 1999. Enter the Xennials.

Many are now suggesting that the older Millennials (who are 30-45) are blending with the younger Gen Xers to form what has been defined as The New Adulthood or Xennials. This melded age group has more in common with each other, as opposed to either the Gen X or Millennial groups they actually fit into, based on their birth year.

This “in-between” generation has redefined what growing up looks like and it’s worth our time to learn more about this forgotten group of consumers. Xennials comprise 8% of the US population or approximately 25 million people and were typically born between 1977-1983. This group is also called the “Oregon Trail Generation” in reference to a popular computer game when they were growing up.

One of the more telling facts about this group is that they had analog childhoods and digital adulthoods. They were born without the internet but used it to find their first post-college jobs. They’re the last generation to remember using the landline phone to call their friends to make plans for the weekend.

Here are some characteristics of these New Adults:

• Many of them will never work for an employer but instead will move right into being an entrepreneur
• They marry later
• Many of them are opting out of home ownership
• International travel is a priority
• They are tech savvy but not tech absorbed
• They are very financially literate and comfortable managing their money

From a marketing perspective, what will ring true for this target audience?

Nostalgia plays well: This group invented social media, but they remember how good life was without it. They like to reminisce about the days when everyone wasn’t connected 24/7, and you still watched TV to get the day’s news. Shows like Stranger Things appeal to their fondness for the 80s, and they get credit for the resurgence in vinyl record sales and Fuller House.

The defining moment of their childhood was 9/11, so they also tend to demonstrate more patriotism and believe in the country’s resilience. Family bonding is very important to them, and they love to cook and entertain. Interestingly, they’re also most likely to pay professionals to do chores to save time, and they’re the ones who brought about the open concept trend.

They’re natural optimists: Another nickname for this generation is the “lucky generation.” They were old enough to grow up without the challenges of the digital age like cyberbullying, sexting and having their every embarrassing moment shared with the world. They grew up as the Berlin Wall fell and Apartheid ended.

They got their first job before the recession and bought their first home (if they bought one) before property prices hit the roof.

They’d rather be associated with Gen X than Millennials: There’s no bigger insult to a Xennial than to assume they’re going to behave like the stereotypical Millennial. They see themselves as very hard-working savvy investors and view their entrepreneurialism as a way of continuing the American Dream.

They straddle the tech fence: This micro-generation loves to use innovative devices that improve their life like fitness bands, smart appliances, and VR/AR headsets. But they disregard some of the more frivolous social networks like Snapchat and still subscribe to magazines and newspapers.

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Silence is not golden to your customers

November 28, 2018

I stopped by Walgreens to pick up a prescription the other day. When I gave the pharmacy tech my name, she went to the bin marked M, flipped through the prescription box and came up empty. She didn’t say a word but just walked into the back of the pharmacy. A minute later, she came back out and then disappeared into another nook. Again, no communication.

While she was actively trying to fulfill my order, here’s what was going on in my head:

• I wonder if there was a problem with the insurance?
• Was this the right Walgreens or did I send it to the other one in my neighborhood?
• Maybe they didn’t have time to fill it yet since I just submitted it a couple of hours ago
• Maybe they didn’t have it in stock and are waiting to get some from another Walgreens

All of those thoughts ran through my head in the few minutes it took her to find my prescription and bring it back to the counter. This was just a routine refill. I was in no danger if I had to wait a couple of days. But still, I had all of those momentary thoughts and worries.

I’m sure for the pharmacy tech; it was just a routine “I can’t find it but the computer says that we filled it, so it’s around here somewhere” moment. But that’s not how I experienced it.

No matter what you sell or who you sell it to, there are moments in the process that are routine to you. But that doesn’t mean they’re routine to your customer. You might be waiting for some internal paperwork. Or the order could be in process and already on its way to the customer’s office. For you, it’s business as usual. Everything is on track. You’re not worried because you understand the entire workflow and know that everything is exactly where it should be. But your client doesn’t have that same insight.

All your customer hears is the silence. And in the silence, worry often appears.

We are often blind to those silent spots in our own processes. We think we’re hard at work, serving our clients, and instead, we’re accidentally making them anxious.

The pharmacy tech could have prevented all of my random thoughts and worries by recognizing that silent spot and over communicating with me. Immediately after realizing my prescription was not in the bin, she could have let me know that they had filled it and she just needed to find it.

No matter what product or service you sell, there are some common moments that might be ripe for creating worry for your clients.

Immediately after your discovery meeting: In many businesses we invest a significant amount of time on the front end of the engagement, learning as much as we can about our client’s challenges. And then we go back and have to assimilate all of that insight to diagnose the problem and decide on a solution. We’re deeply engaged on our end, but that kind of thinking takes time.

Inter-departmental handoffs: If there are different departments within your business that all play a role in a client’s project, there’s usually a slight lull as the new department gets up to speed.

When outside vendors are involved: Once you’ve relinquished the work to your partner, you’re comfortable waiting for them to complete their work. But that’s because you know them and have confidence in them.

Walk through your entire process and note where moments of comfortable silence for you have the potential of being an uncomfortable worry for your customers. Then, build additional communication into those moments to give your clients comfort and reassurance in those necessary bits of silence.

 

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Do you ask better questions?

October 24, 2018

Given the amount of competition out there, the challenges of landing a new client and the struggles with keeping the clients you do have – I totally get the hunger to have the right answers. But, it’s not about the answers we provide, it’s about the questions we ask.

We want to think that after all, what our clients are paying us for is our expertise, our years of experience and our guidance. I want to suggest that while all of that is true – our expertise, experience, and guidance should show up in a different way.  The more we can put aside our cookie-cutter solutions and assumptions the better our questions will be.

And ultimately, that leads to better answers. As Voltaire was credited with saying, “Judge a man by his questions rather than by his answers.”

When we are meeting with a prospective new client, the sentence I love to hear more than any other is “I’ve never been asked that before.” That means I am adding value. I am taking them in a direction they haven’t been before or coming at their issue from a different perspective. And odds are, the closer I am to getting to the best answers.

In terms of marketing, we have evolved from a black and white world to a world of iterations. I don’t care how right your solution is for today, given the rapid rate of change in our world, it’s not going to be spot on forever. Some solutions, like a company’s brand and product promises, need to stand the test of time. But today, most of our marketing tactics have a shelf life. Customer behavior, needs, and expectations are a moving target and we have to keep up with them.

If you don’t feel like the quality of your questions is where you want it to be – how do you up your game?

It helps if you’re naturally curious. Is your brain wired to wonder? The very trait that I am sure drove my parents crazy when I was a kid is one of my God-given superpowers as a professional. If you’re not naturally curious, then practice the art of curiosity. Like anything, you can create a habit around curiosity. Beyond that, try some of these techniques:

Keep it open-ended: Try to keep the conversation going by asking questions that require a longer response than a yes or no. Certain words trigger definitive answers and actually add a bias into the question. Avoid using the words “should” or “would” when you formulate a question. Don’t start off with “do you think” because you’re giving them license not to actually think about their answer.

Follow the rule of three: This is a digging deeper technique. Ask at least three follow-up questions to your original question before you move onto the next topic. This will require you to listen carefully and not be ready to jump in with the next question. Especially in a business setting, the first layer of questioning has been asked and answered a million times. You want to go where most haven’t thought to dig.

Beware of assumptions: One of my favorite questions is “if we had to prove that was true, how would we go about it?” So often, we make assumptions along the way and start speaking them as if they’re the absolute truth. But we have no basis for that other than our opinion or it may be a long-held belief that no one questions anymore. Remember that even if it was true in the past, it does not necessarily mean it’s still accurate.

Better questions make our work more collaborative and more accurate in terms of actually finding the best solutions for our clients. So, fire up your curiosity and ratchet up your Q&A sessions.

 

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