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Are you as irrelevant as the Post Office?

The USPS is has been in the news quite a bit lately as it battles plummeting volume, high fixed costs and massive losses.

Proposing no Saturday deliveries and raising stamp prices merely strikes at the branches and does not deal with the root issue of whether our beloved USPS is still relevant.

The truth is – Saturday deliveries or not – this downward spiral will continue to occur.  When the USPS has to keep increasing fees to continue covering losses, it drives more and more communication on-line.  With such a high fixed cost structure, the Post Office will be forced to continue drive prices higher and send their customer base scrambling to consider more economical modes of communication.

The heart of the issue here is our Postal Service is no longer relevant.

A few years ago I was asked to keynote a national panel of CD and DVD duplicators/replicators about the future of their industry.  Guess what, it didn’t go over too well…

As a tool to measure relevancy, I presented a concept of the “recovery time.” I simply asked the audience to consider the ramifications of eliminating their products and services from the marketplace.   The “recovery time” is the degree of pain the market would endure before the product’s replacement leaves us no longer wanting what we once had.

In addition to its application for the CD/DVD industry, I asked the audience to consider the “recovery time” of the newspaper industry, the corner video store, and the Postal Service.  Think of the long-term disruption if each of these were yanked away never to return.

Think about your own business and more specifically, how relevant are you to your clients and prospects?  If you’re feeling the world would have a short recovery time in your absence, it’s critically important start defining your real value by asking a few questions:

  1. What would your 10 best customers say they value most about you, beyond your product and service?
  2. What root issue, pain, or gap does your organization’s product or service solve/fill?  (Think transportation not wagon wheels, think editorial content not a physical newspaper)
  3. What are your organizations unique talents?
  4. What are there things you ask your customers and clients to pay a premium for, because you do them better than anyone else?

By asking yourself these sometimes uncomfortable questions and framing your discussions around them, you are addressing your business challenges at the root, and you may just find the additional relevancy and margin you’ve been seeking.

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If Brands Are About Experiences, Shouldn’t Digital Drive Brands?

Brands are really just a fancy way to talk about a compilation of your customers’ experiences with your business. These customers experience brands a lot of different ways.

As customers’ interactions with companies (brands) are increasingly online, shouldn’t we shift our focus? Why do we still believe traditional marketers should control branding? Why are we afraid to put branding power in the hands of the digitally-driven folks? After all, for many current and future customers, your website is your brand. It’s the hub, the driving force behind all of the experiences customers have with your company. People are spending as much or more time online as they are watching TV these days – and that’s not just the teens and 20-somethings. Digital is already driving brands, whether we choose to acknowledge it or not.

Online-only businesses are obvious examples, but increasingly, traditional brick and mortar and B-to-B businesses are reaping benefits – and raking in sales – by creating digitally-driven brands.

Let’s review a familiar example: Best Buy. They’re still an electronics store with lots of semi-annoying helpers in blue. The face-to-face experience will never go away. It’s just enhanced by a bevy of online communication tools.

For example, customers can reserve products online (on a phone or a computer) and pick them up in stores.

Once they take products home, they can talk in real-time to Best Buy’s customer service folks through Twelpforce, a group of 2,200 Best Buy employees who answer customers’ questions and solve issues via Twitter.

If customers come up with grand ideas that would make their experiences better (a key component of branding), they can share them at Best Buy’s IdeaX.

Best Buy has tackled everything from creating a streamlined mobile site to customer and employee forums, blogs, and Facebook applications on their fan page. They’re all over digital branding. In other words, they create positive customer experiences through the tools, accessibility and information they provide online.

Now, I know you’re thinking: well of course she believes in digital branding…she works at a digital agency! And that’s fair. As an early adopter and digital marketing geek, it’s easy to see why I’d be a proponent. But there are plenty of people backing me up these days. And there is plenty of new research that supports the theory. An example? How about this Razorfish report about digital experiences driving brands. I think you might like it.

Slide 8 is my favorite:

  • 65% of consumers have had a digital experience change their opinion about a brand.
  • 97% of consumers say their digital experience influenced whether or not they eventually purchased a product or service from that brand.

So tell me: how do your customers experience your brand in this Digital Age?

Miranda McCage is an Associate Digital Strategist at MediaSauce. She’d like to hear about how you’re developing a brand with digital. Contact Miranda at 317-284-5683, on Twitter @mirandamccage or email her at miranda.mccage@mediasauce.com.

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Engaging Employees Can Turn Company Culture Viral

Creating platforms to demonstrate and build company culture is an increasingly important strategy in building a work force for our 24/7 economy. With so much uncertainty, being a strong community within our organization is critical as we work to maintain talent, maximize productivity and generate a culture that helps us recruit the right talent for the future.

Last week I visited with the HR leadership and employee culture committee at one of Indiana’s largest and most successful manufacturers to hold a workshop on how  social media and employee engagement can spur a new found desire to become part of your company community.

The  presentation focused on several important topics, including:

  • The world is changing – and company newsletters and picnics are no longer having ‘value’ as an organization’s communication tool
  • What platforms and tool can help you activate employees to take ownership of their culture and inspire awareness?
  • What do your employees really care about in life and work that you can capitalize on to inspire them to connect with colleagues?
  • What are the rules for successful employment engagement and activation?
  • What makes a company culture viral, in the online world? more

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A Sales Manifesto for the Digital Age

Several months ago a client of MediaSauce challenged me to consider why he should tell his sales force they have to change following one of the Sales 2.0 seminars I give. As someone who has interfaced and challenged existing sales approaches for most of my career, I was zealous to give input on the topic. The result was a diatribe that finished with our client asking simply, “Could you write that down?”

I did, and later the manifesto was published in The Social Media Bible as part of the contribution MediaSauce made to this important book.  And now, I share it here with our readers of the MediaSauce blog.

Why do we sell the same way we always have? Because it’s safe and reliable. Because it’s what we know. Because we’ve become entrenched in thinking that what we have to say is what our customers want to hear. Because it has worked for the past (insert your number of) years! more

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