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Starbucks does
almost zero
advertising. They focus on changing their product, constantly, to
delight their ever-changing customers.
It’s too easy to
change your marketing and not your product when sales slow—to
simply put a “new coat on the same old dog.” Now, I happen to
like old dogs. But if you haven’t changed, improved,
overhauled, tweaked, blown up, or otherwise monkeyed with your
product in the last 12 months, well, it might be feeling like
the same old dog to your customers.
Blow it up
If everything about
your product “blew up,” if you couldn’t offer what you offer now
and your goal was to create, from the ground up, a replacement
product, an AWESOME replacement product, what would it be?
T-h-e u-l-t-i-m-a-t-e p-r-o-d-u-c-t!
Write it down.
How can you change
what you have now, given today’s realities, to more reflect the
features you imagined in your replacement product?
Your product is at
the heart of your marketing. Changing it is your most powerful
marketing tool. Think about it:
Everything, all your
marketing and sales efforts, are designed to “sing the praises”
of the product you offer. Maybe your product simply is
beginning to fall out of favor with your target customers. All
the changes in the world to “everything else” won’t completely
stop people from deserting your product if this is the case.
“We buy products and
resell them as is, there’s nothing to change. . .” Maybe, but
what can you add? Free installation? Bundle the product with
something else; an extended warranty, a service contract, a
related product or service? In 20+ years I’ve never seen a
situation where a product couldn’t be changed or improved.
Don’t be afraid to
throw changing your product into the mix of things that can be
changed when sales start to go south. Probably the single most
powerful change you can make to your marketing is to change your
product. Move with your market. If they want smaller, lighter,
more durable, and your product is big and heavy, change it! Or
introduce another model that is smaller, lighter and more
durable.
Blow it up in your
mind, dream a little, write it down—all that’s very innocent.
Then, given reality, what can you do to change your product?
Probably quite a bit. Now, get started!
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