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Showing posts from April, 2014

Building a Community No One Can Resist

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People enjoy feeling as though they belong. It's a part of our universal desire to form strong bonds with other people and feel connected to those around us. From student clubs to neighborhood organizations, this desire plays out across our nation in a variety of settings. This desire also has a firm place in marketing. One of the best ways to encourage brand loyalty involves encouraging customers to feel as though they're part of an exclusive group when they use your brand. When people feel connected to your company and to other users, they're more likely to become repeat customers and even recommend your brand to others. Few companies have enjoyed the success Facebook has in this regard. The early days of Facebook Back when Facebook was first developed, it was available only to users at colleges and universities, and they had to have a .edu email address to register. This effort to create a distinctive market resulted in a very strong community among Facebook ...

Picking Teams for Sports or Business: The Same Strategies Apply

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Pickup games are the basis of many fond childhood memories -- or nightmares, depending on who you ask. Whether the neighborhood children preferred to play games of basketball, baseball, or hockey, standing in line while waiting for the 'captains' to select you could be pure torture. Those with a bit of athletic prowess would eagerly wait to see if they were going to be on the same team as their friends. Those with a bit less skill crossed their fingers that they wouldn't be picked last. What made picking those teams so stressful Children understand that the team you choose matters. The team will decide whether you'll emerge victorious or go home to dinner with your tail between your legs. Growing up, being picked first was an honor. It meant the other kids respected your abilities. Being picked last was something to be avoided. Team captains would fight to fill out their teams with people who could successfully fill each position on the court or field. Even ...

Oh, The Places You'll Go (In Business)

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Congratulations! Today is your day. You're off to Great Places! You're off and away! You have brains in your head. You have feet in your shoes. You can steer yourself any direction you choose. You're on your own. And you know what you know. And YOU are the guy who'll decide where to go. You'll look up and down streets. Look 'em over with care. About some you will say, "I don't choose to go there." With your head full of brains and your shoes full of feet, you're too smart to go down any not-so-good street. And you may not find any you'll want to go down. In that case, of course, you'll head straight out of town. ... And when things start to happen, don't worry. Don't stew. Just go right along. You'll start happening, too. OH! THE PLACES YOU'LL GO! The opening lines of Dr. Seuss's Oh, the Places You'll Go! have been read by graduating students, entrepr...

Top 5 Secrets of Successful Direct Mailers

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Savvy marketers know that direct mail offers a cost-effective and potentially profitable marketing method -- but in order to work, it must be done right! In fact, some of today's most innovative and creative advertising is sent through the mail, according to Entrepreneur magazine. An effective direct-mail campaign can accomplish several goals, including: Generating leads Attracting new customers Engaging with current customers Expanding the reach of your brand Producing profits Here are the top five secrets of successful direct mailers. 1. Focus, Focus, and More Focus The success of any direct-mail campaign depends in large part on your audience, so you need to target the right people. A direct-marketing rule known as the 60-30-10 states that 60% of success depends on the list, 30% depends on the offer you present, and 10% lies in creative elements. This highlights the importance of choosing the right list for your mailing. If you're building your o...

McDonald's Rules the Fast Food Industry, and What You Can Learn From It

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Whether you love it or hate it, chances are at some point you've eaten at McDonald's. This corporation was a major cornerstone of the building of the fast food industry and is currently one of the symbols of the exportation of American culture around the world. Perhaps what is most remarkable about the success of the franchise is how unremarkable it is. The restaurants serve burgers and french fries. Yet somehow, out of all the burger joints available, the one started by the McDonald brothers in San Bernardino, California, has gone on to serve roughly 68 million customers per day. How did this happen, and what can other business leaders learn from the company? The history of McDonald's McDonald's was first opened by the McDonald brothers in 1940. The little restaurant served burgers and placed an emphasis on quick service, putting the fast food principles developed by White Castle to work for themselves. By 1955, the restaurant became a corporation led by aggres...