Category

marketing

Branding
Premium

Product Names are Brands too!

Read this article by the 37Signals folks and whilst I agree with them 99% of the time, I’m just not feeling very agreeable today…

See, I can agree that an obsession over a product name isn’t worthwhile as that time could be better spent doing stuff (i.e. developing your web app) that will create a bigger return on your investment / effort.

But the thing is, those product names become your brands too, which means you do need to put some initial thought into how you want to brand, market & position those products. If you go with a shitty name from the start (because you’re taking the approach of not obsessing), then it’s definitely gonna limit the space you have in which to tweak & market in future.

In the end, it comes down to finding a balance in terms of the things you spend your time on. So do spend time on deciding your product / brand names, but don’t be overly anal either as that is just valuable time being lost…

inspiration
Premium

No Space for Complacency

One thing that I’ve learned over and over again of late is that there is absolutely no space for compromise & complacency when dealing with customers. These are the people that makes your business a success and they ensure that you are able to pay the bills; so never - ever - stop short of pulling out all the stops to please your customers!

Branding
Premium

Personal (E-mail) Branding

Every time I get to sign off on an e-mail using ‘Adii’, I value that as an exercise of personal branding. The more prominent I can make my own brand and the wider the audience that gets exposed to the brand / word ‘Adii’, the more valuable my personal brand becomes.

Not trying to be narcissistic, but to an extent my personal brand is the most sustainable business plan I have at this stage.

business
Premium

First to Market

In the extremely agile online world, there seems to be a premium placed on getting to market first with a new feature or product. But I’d like to contest the viability and probably the suitability of that premium, since I don’t believe that it’s crucial to be the first to the market**.

Getting to the market first, gives you the bragging rights and all of the hype / publicity that goes along with that. This is obviously great and I’m sure this is every marketer’s dream, since the marketing angles are pretty easy; it is undoubtedly much harder to hype & market something when it already exists, but when you’re game-changing this is a massive advantage. It is also considerably easier to create & build your own share of the market, when no competitors exist.

So all-in-all it would seem like a great idea to get to the market first. This does however not mean that you need to make this the be-all & end-all of your strategy.

I believe that you have just as much space & just as many angles to market your brand & offerings when you aren’t first to the marketplace. You may need to be a little more unique (both in terms of your offerings, which need to solve problems in an unique way *and* your marketing efforts), but it is 100% possible.

In fact, sometimes I actually prefer this approach, as I have a lot more information available to me before having to commit to a specific strategy. When we first launch the club subscriptions on WooThemes (for example), we were heavily influenced by some of Joomla theme developers (most notably RocketTheme), who were already offering similar services. We may have not been first to market and club subscriptions definitely wasn’t a groundbreaking idea at the time, but we did bring our unique thinking to the business model and today it makes up a considerable chunk of our monthly revenues.

If you can do something better or in a more unique way to your competitors, you’ll always have a chance to gain market share and build a business from your efforts. So don’t be too focused on getting to market first; rather do something unique in your own personality & time.

**Note: This applies in most cases, so I’ve used a good dose of generalization here.

business
Premium

Pulling The Plug on Bad Customers

The title to this post probably sounds a little cynical, considering the well-travelled business mantra that “the customer is always right”, but I’d really like to challenge that point of view in the business environment.

As a company grows, the user- / customer-base normally grows as well and the increased number of people that requires your attention, leads to added strain on your customer service functions. So during this growth period, it is important to streamline one’s policies & activities in such a way to allow you to scale the energy & resources required to service an ever-expanding number of customers.

What I’ve found though, is that some customers are just simply more difficult than others, which is probably an indication of the varying personalities that one encounters in business. This isn’t a problem in itself, since most of the “difficult” customers actually have valid points and they just require a little more attention than average to feel as happy with your company as the “easier” customers. But even though I can objectively say that, I have also encountered the type of customer that is being difficult purely because they want to be difficult. It is also this kind of customer that simply doesn’t trust your company from the get-go, calls of your actions into question and becomes offensive & insulting when they don’t receive an e-mail response within 5 minutes (if this seems like I’m exaggerating; I’m not).

Pulling The Plug

I recently made the call with a customer that I just wasn’t interested in working with them anymore, after they had become extremely insulting and called my character into question. Whilst I’m always willing to deal with any seemingly difficult situation on merit, I draw the line when it becomes unprofessional, as that is normally a clear indication that someone is being difficult purely for the sake of being difficult.

So what did I do? I simply recommended a competitor’s product instead, refunded the customer’s purchase and noted that I don’t think it would be possible to continue a professional relationship in this regard.

This may be a tad radical, but I’m not telling the full story here obviously. Instead I’d like to point out that I was trying to avoid a 20/80 situation whereby the 20% of customers who are difficult will drain 80% of the energy & resources devoted to customer support. I’m not suggesting an exclusive approach here whereby only the “easy” customers gets your attention, but I am suggesting that your good customers should receive the same amount of attention.

By eliminating the odd (really) bad customer, you are thus freeing up resources to invest in your best customers who don’t necessarily request / demand customer service, but are actually most worthy of your time.

“Right to Admission”

Ultimately this comes down to the standard “supply & demand” argument, whereby just as much as a customer may choose a company, a company may also choose its customers. Service companies regularly chooses which clients they’d like to work with, so why shouldn’t a retailer be able to do the same? Just because you are selling to the general public, you don’t necessarily need to accept every single customer as your customer and even less do you need to accept them being difficult without rational reason.

This however becomes more complex when you consider how much customer service resources is spent entertaining difficult & irrational customers; so this behaviour is almost endorsed in a way where companies are saying “it’s okay sir / madam, you can be irrational and we’ll offer you the best customer service available and make you feel better”. To that, I’d like to say: Bullshit!

Back to supply & demand. When customers purchase from a company, they enter into an implicit sales agreement whereby they agree that they are paying X and in return they receive Y. That’s the bottom line; it’s normal supply & demand. Customer service operates on a different level (probably marketing and / or public relations), which means that no customer is *entitled* to being difficult and even less should they be allowed to demand a company dealing with their irrational / offensive / unprofessional behaviour.

If the company handles those situations really well, then kudo’s to them. But when you’re looking to scale a business, you’re gonna find that you can’t entertain 100’s or 1000’s of difficult customers every day, unless you increase your overhead expenditure on support resources significantly.

So I’d throw my hat into the ring for companies to stop entertaining difficult, irrational customer behaviour and instead fight fire with fire in an objective & professional manner. The sooner that customers realize that the company-customer relationship is a two-way street, with equal “power-sharing” amongst the parties, the sooner we’ll get rid of difficult clients.

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