Marketing Strategy

Wednesday, December 30, 2009

Communication is the Key

As I began to think about the new year (and it's inevitable resolutions), I came across the following quote:

Take advantage of every opportunity to practice your communication skills so that when important occasions arise, you will have the gift, the style, the sharpness, the clarity, and the emotions to affect other people. - Jim Rohn



I'd like to think we're all great communicators and can convey our messages with clarity, brevity and impact. But I know that's not the case for me. It takes some hard work - i.e., practice. But as my Dad used to say, "Practice doesn't make 'perfect', perfect practice makes 'perfect' ".

So, take every opportunity to do some public speaking. I think it will help your business bottom line, but more importantly, will help your self-confidence.

Best to you,

Jim Herrera

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Monday, December 28, 2009

Cruisin' into 2010

Good day ... wherever you are!

Now that Christmas is over and all the presents have been opened, you might experience a let down of sorts. Others might think of this time as a time of rest - all the family activities are slowing down and many have the week off from work in this week between Christmas and New Year's Day.

But I'd like to suggest that we focus ourselves a little differently - C. S. Lewis once said: "Nothing that you have not given away will ever be really yours."

Take a moment to chew on that quote. It's one of those crazy paradoxes, isn't it? It says a lot about the control our possessions can have over us (How much did we spend for Christmas gifts this year?). But that's the negative side. Let's think about the positive side: Generosity is powerful—it releases us from the bondage of greed and selfishness.


Yes, I know that's a strong statement. However you may experience this "Post-Christmas" time, I'd like to offer a brief suggestion. The "Spirit" of Christmas still lives within us. It's still with us each day of the year.

Take this week to commit to some form of generosity. Meet some ordinary people who've experienced its power and then discover ways to release that power in your own heart and life.

As always, best to you.

Jim Herrera

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Friday, December 11, 2009

I'm awed by the number of wonderful products and services that help agents and brokers be more efficient. MLSL clients will love them!
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Thursday, December 3, 2009

8 steps to making your business more customer-centric

One of the biggest challenges of a brand strategy is building a loyal customer base. To do this, you have to know your customers’ wants and needs. Otherwise, your brand-building efforts will fall on deaf ears. In her book Customer Inspired Marketing: Change the Game and Become the Brand They Really Love, Aubyn Thomas reveals eight steps to make your brand-building strategy more customer-centric:

1. Have an inspired and informed view of your customer. Many companies fail to recognize loyal and potential customers because they’re focused solely on what people are buying, a false representation of consumer demographics. More accurate ways to classify your customers include occasion-based purchases, visitation frequency, and lifestyle or affinity.

2. Determine how your customer views you. Creating an emotional bond between your customers and your brand is a sure way to keep them coming back. Customer research can help you know what your buyers are looking for. Ask yourself: Do your customers know what’s in it for them? What are the differences between you and your competitors? Can you react to changes in the marketplace?

3. Know what your customers value in their relationship with you. To show you care about more than just profits, remember what is important to customers: simplicity, access, clarity, quality, and value. Focus on rewarding customers (which requires recognizing your loyal fans) instead of the short-term goal of driving sales.

4. Be proactive. State your intentions in a promise or manifesto to your customers. It is important that you know their wants and needs ahead of time to be sure you meet expectations. Make sure to account for all types of customer interactions.

5. Attack the root causes of mediocrity. When developing a customer-centric brand-building plan, avoid these pitfalls: allowing someone else to label you, ignoring business problems, a lack of communication, too many cooks, and budgeting carelessly.

6. Build and nurture a winning culture. Your employees must share the passion that you had in starting the company. If they know where you’re coming from, they will follow you anywhere. Be careful not to take on too many projects at once or the end goal will become murky.

7. Overcome the challenges of limited resources. Your goal is to connect with customers and form long-term relationships with them. One cost-effective way to do that is by asking for voluntary customer feedback. Set your goals, know your customers, and be passionate.

8. Celebrate and build for the future. “Now that you understand where, in pursuit of customer relationships, the sweet spot exists for both your company and your customer,” Thomas writes, “you are on your way to creating a passionate brand. So celebrate!”

I hope this helps you build your brand.

Best to you,

Jim Herrera

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Note: Special thanks to Ken Beaulieu of FuelNet for this post.
---- I'm passionate about our world. Enter the Conversation! ----