You can learn a lot from reviewing old advertisements. Sure, they may not be sophisticated but going back to basics is a good way to gain clarity on your own material.
Waterman’s Fountain Pens advertised as an independent company for nearly 100 years before being taken over by Sandford who still have the brand today.
By taking an overview of the headlines, you can understand how they can support the positioning of your company. Building credibility takes time and this is why it makes sense to consider the long term impact of headlines on your website, brochures, direct mail and advertisements.
By keeping in mind where you want your company to be in three to five years, you can create headlines supporting that desired positioning.
Now, Waterman’s used two types of headlines during their most successful period (1900-1920s). One was just the company’s name. This was acceptable as they were well known and had already been in existence over 25 years then. In today’s climate, this won’t really work unless you have a well known, internationally recognisable brand.
Now what is more important is their use of the short headlines. Here is a selection:
1900s The most important part of your vacation outfit
1910s Simple, Reliable, Durable, Inexpensive and Guaranteed
1910s The tool of opportunity
1910s An expression of intelligent appreciation
1920s Try Waterman’s before you buy
1920s A letter a day while you are away
1920s One of these will fit your perfectly?
In the 1910s, they also used one word headlines such as Speed and Self-Regulating.
The headlines highlighted what the user would experience if they used a Waterman’s Pen or, relating to the aspirations of those using a Waterman’s pen.
This approach is still valid today. By understanding the feelings of your market, you are able to appeal to their aspirations or the fears to grab their attention.
Activity
Dig out all your headlines. Read them in chronological order, what do they say about your business? Is it congruent with how you are positioning in the market place?
By doing this review, you are able to understand what is being received. You are able to change the words, the tone and the feel of the headline to fit with where you want to be in the future.
Remember, by maintaining true to the long game, you are building the future each day with every headline and every piece of material.
This blog post by Karen Purves originally appeared at Have More Clients
Do you know how much money you'd like to earn next year? Have you worked out how much product/how many services that equates to? Do you have a spreadsheet somewhere on your laptop that shows how much you'd like to turn over on a monthly basis?
It's tempting not to bother. You don't have time. You're not sure what's possible. You're worried you're being bullish. What if you don't meet the targets? There are plenty of reasons/excuses why people don't create targets. I can't imagine my business that didn't have targets. No wait a minute, I can...
We'd drift along from one month to the next. We'd still do a great job for our clients and my team might be happier for a while: no targets means no pressure at the end of the month! But after a while that lack of direction and sense of purpose would manifest itself in both me and the team. The team wouldn't know how well they were doing, because they'd have nothing tangible or objective to measure their performance against.
Horrors; if I didn't have targets I probably wouldn't have a budget either. I'd spend money when I had it in the bank, and I'd stop spending when I ran out of cash. I'd make decisions based on the cash in my bank account rather than the value they'd add to my business. And it would be touch and go as to whether I'd have a business next year. I'd spend a LOT more than if I'd had a proper budget and the chances are I'd make a LOT LESS money.
Without the incentive of monthly targets I'd probably invoice a good 25% less every month as I'd just be drifting along. And I'd probably have a bit of a rude awakening at the end of the year.
I don't like the sound of any of that! I've always been very targets focused and it's all I've known all my working life. Yes it's tough, yes it's corporate, but I also believe it's essential to anyone serious about running a successful business.
I've had my book-keeper put together a budget for me for next year based on the company performance over the last four years, and also my own personal financial goals. It's exciting! And most importantly, I know what I need to do to get to where I want to get to.
Now all we need to do is achieve them!
I absolutely love this time of year. As the clock starts to climb down to the end of 2009 I can feel a real sense of optimism. My renewed sense of buoyancy is partly down to our customers: working in the ecommerce industry the four weeks leading up to Christmas are their busiest. 2009 was a very tough year for all of us but there are plenty of reasons to be cheerful in 2010.
However, success doesn’t come without hard work and I am determined to make 2010 a successful one! Within this post I want to air my three new year’s resolutions for the business.
Do less, better
It may sound obvious, but for any business to success everyone has to be pulling in the right direction. However the start of a new year is a great time to sit back and review if you are pulling in too many directions.
It’s far too easy to do too much. If you’re anything like me I hate turning down projects and opportunities. However doing lots badly isn’t a strategy for success. Doing 100 mediocre things with your business will only make you 100 times more average. Focus, pick a project, do it well and complete it, even if this means you turn down 99 other things.
Talk to more people
The core driver of any business is customers. Customers, like puppies, are not just for Christmas - they need to feel loved and appreciated all year. My second resolution is to speak to as many of my customers as I humanly can. I want to find out how they tick, how their business works, and most importantly why they are my customer and not someone else’s. Anyone in a decision-making capacity within your business should be speaking to customers, not just sales and support.
Be adaptable
One of my sporting heroes is the amazing Rebecca Romero. If you don’t know who she is, Google her, she is inspirational. Romero has won two Olympic medals in two different sports: rowing and cycling. And because of rule changes it looks like she will need to find a third sport to compete in for 2012. I want my business to be like Rebecca Romero, consistently excellent but not afraid to adapt.
Why only three resolutions, well it would be impossible to complete the first one with a list longer than my arm. What are you going to do in 2010 to improve?
As I said to a potential consultancy client last week (she asked for honest feedback).
“Your business is like a rabbit frozen in the headlights, incapable of making a move or a decision, unable to move in one direction or another.
“You need to unfreeze, relax, take stock and weigh up the choices. With great speed you need to take the bold decision: left or right, up or down. Speed is of the essence. The consequences of making no decision are there for all to see. Do you want to be one more piece of roadkill for the statistics book?”
I apologised for my bluntness but the world seems to be dividing into the decisive and the indecisive, the bold and the meek. The brave and the stupid.
Yes, it is scary out there but we/I/you need to be clear about what we are doing and take clear decisive action.
First things first. Find out who your raving ambassadors are – the people who think your service is remarkable (and are not buying on price). Ask them what they can do to help you get more business. They will tell you. This is certainly a starting point.
What decisions have you been avoiding making? How will you benefit from putting them off?
Robert Craven shows MDs and owners how to grow their sales and profits and focuses on how to do this in recessionary times. His latest book is the runaway success “Beating the Credit Crunch – survive and thrive in the current recession” www.directorscentre.com.