Archive for Lean Marketing
Business901 Webinars for the Month of March
Posted by: | CommentsHow Good are you at Marketing Yourself?
Marketing your Black Belt: Every 2 weeks on Friday. Marketing your Black Belt is based specifically on addressing these issues: Customer Acquisition, Marketing, Customer Retention and Communication & Collaboration.
Get Clients NOW – 28 Day Program: Program starting on first Monday of every month: 3:00 PM to 4:00 PM (GMT-0500).Program Structure and Agenda: During the first three sessions you will receive all the tools and training needed to design your individual 28-day marketing action plan. The listing above is the starting date for the program. You have signed up to start on that Monday this listed and for the following 28 days.
Lean Marketing Assessment: First Wednesday of every month. This program will allow participants to gain a clear snapshot of their present marketing conditions and practices. The participants can use the assessment to determine areas in need of improvement and develop a plan accordingly.
Value Stream Marketing: Thursday, March 11, 2010 from 1:00 PM – 2:00 PM (ET) (New). We want our participants to learn how to utilize a Sales and Marketing Value Stream which is an entire different procedure than your typical Marketing Funnel.
Lean Your Marketing thru Referrals: Monday, April 05, 2010 at 12:00 PM (GMT-0500). These groups are the most affordable way for you to crank up your marketing and build your business. Learn new techniques, create a Referral Message that will resonate with your Customers, Not other Marketers!
How many times has a good idea failed because of a poor plan or execution? For start-ups and established organizations alike, Business901 provides effective but easy to use methodologies. It is flexible enough to allow you to apply your own ideas, while giving you guidance before, during and after. We will provide practical, information-rich, immediately applicable direction that can have immediate impacts on the success of small and mid-sized businesses. Our experience includes numerous start-ups, several turnarounds in variety of industries to include manufacturing, retail, and professional services to include marketing.
Visit the individual webinar pages for additional details
P.S. Ask for details about our Achieving Expert Status Program
evaluate your Customer Needs
Posted by: | CommentsHow do you increase speed in your marketing? It actually is very easy. You must target your market. Most professionals lose jobs because they do not make their offers crystal clear to their prospect. The prospects must understand completely, without a doubt what benefits they will receive and what the outcomes will be from working with you or using your product. You must be crystal clear in your definition. However, are you crystal clear in what you will be offering?
I have recently started using the Kano model in providing a better definition for my clients of putting their product and features not only perspective but defining that clarity issue. The Kano model relates to three factors:
Basic or must be or the expected needs. Without these the customer would be dissatisfied. This sounds very straight forward but if these are not adequately defined during the marketing process they are simply deal breakers and questions that either party may ever asked.
The second aspect is the performance factor and to define that performance think about the term, “more is better.” The more this performance is met, the more the prospect is satisfied. This is the area that the customer measures the value of the product or service they are receiving. In a few cases, these features are the ones that have meaning to some clients and others could care less. They even may cause dissatisfaction to some. Herein lays a great opportunity to improve these areas which many times can be done at relatively inexpensive option. Or, you may even be able to remove them completely for a few of your target segments. If you can, are these segments really your target customer?
Another way to leverage the performance factor segment is to have a better definition of your target market and how it relates to these factors. You may find that making these an option or even using them in a way of further segmenting your customer base may ultimately give you an advantage over the competition either through price or features.
The third factor is the delighters. If these are absent, they will not cause any dissatisfaction at all. The customer does not even expect these. But when they are there, they cause extreme happiness. OK, maybe that is a bit much. An interesting side note that needs to be recognized about the delighters is typically they do not increase the value in the product or the service. Seldom will you get paid more because of them. The delighters may also in time, even become a basic need. What is a delighter today, may be an expectation tomorrow.
The Kano Model is constantly shifting but it is a great method to use to gain a better understanding of your prospects values that are critical to success and to prioritize the requirements for further development activities. Just as importantly, I think it really lends itself to understanding your market segment characteristics better. And if you divide your marketing segments better, you will increase throughput and develop better budgets as a result.
By the way: Another important feature of the Kano Model is that it gives you a better understanding on what tradeoffs you might have in your marketing cycles. You certainly could not trade off a basic need, but you might be able to reduce the level of a performance factor.
Why you should use Kanban in Marketing?
Posted by: | CommentsKanban is any signaling device that gives authorization for a supplying process to know what to produce, or for a material handler to know what items to replenish. For example: a physical paper card placed in a container of parts. When stored items are actually used, the Kanban card gets “freed” (perhaps it was in the bottom of the container), and gets put back into a Kanban stand where the Kanban “requests” are fulfilled. 
Kanban is a way of limiting work in process and the amount of new work that is introduced into the process. As a result, work would be pulled from the previous stage as work is completed and levels demand. It emphasizes throughput rather than numbers. If you have read my previous posts, you would recognize the emphasis I put on throughput and the need for this to be monitored in the sales and marketing process.
The Reasons for a Kanban can be summed up in these previous posts:
Improve your Marketing Cycle, Increase your Revenue : Speed is important in the buying process. Your total cycle time can be improved. However, it seldom can be done without more feedback loops in your system. Develop process blitzes to reduce these non-value times. Go to Gemba or the customer’s place of work and find out what happens during this time. See what is stopping them from moving forward. It may be an internal constraint within their company. However, the constraint may be yours. You may not be responding to the customer’s latest needs. Your ability to focus your resources on the customer needs may provide the overall clarity he needs this to make a more rapid decision.
Improve throughput, cut your customers in half!: In a manufacturing system cutting WIP just about always will increase throughput. Why? You end up working only on what is needed and when it is needed. You also will have less waste, less material to handle and fewer mistakes. Good things happen when you are not handling excessive amount of material. In a marketing system cutting the amount of customers in half works very much the same way. You end up working on what a customer truly needs and wants. Your marketing will become more personal, more direct, and fewer mistakes.
Using the Six Sigma Tollgate in your Marketing Funnel: Have you thought of using DMAIC as a way of defining your marketing funnel? We looked at Define, Measure, Analyze, Improve and Control and utilized these basic principles to walk a customer through the marketing funnel. In other posts, I discussed the ability to create a shorter cycle time by decreasing the non-value time in between each of these stages. One of the methods of doing this is to have a strong call to action for a prospect to move from one stage to the next. However, how do you know if a customer is ready to move from one stage to the next?
What kind of questions would you ask at a tollgate?: In a recent post, using the Six Sigma Tollgate in your Marketing Funnel I went through the concept of using a tollgate in your marketing funnel. Below is a list of questions that might help general a few ideas that you may want to consider. (Review Post)
The essential points needed in a Kanban system are:
- Stock points
- Replenishment Signal
- Quick Feedback
- Frequent Replenishment
If you would consider the typical marketing cycle as a prospect moves from one stage to another, you imagine it as step by step process and certain events taking place within that stage. With a Kanban method or a tollgate you could have certain trigger points for each stage or even a phase within that stage allowing one marketing effort to pull from the previous. The method would also limit the number of prospects within that cycle so that the proper amount could be managed or more importantly satisfied! Or, you could have an unlimited supply of leads flowing into each stage? You probably wish you had the latter. However, which would prove more effective?
Photo Courtesy of Systems2win.







