How Storytelling Sells

March 23, 2011

Corporate Storytelling as Undiscovered Riches

There is a growing movement that believes in the power of storytelling to communicate in business, even to sell products and services. What is behind this thinking and how can we tap into the power of our inner voice?

First of all, I’m not claiming that anything I say here is new. I was lucky ten years ago to meet an interesting man from the Mars Corporation who had worked on exactly this area. As usual, Mars were ahead of the game. Disney have also habitually understood the power of storytelling as part of building their brand, perhaps because their films are a succession of stories and their experiences and merchandise are so dependent on the stories they tell.

So why is storytelling so effective? First of all, storytelling taps into one of the oldest pastimes, a way of uniting communities, conveying truths and entertaining those we love. Children beg to be told a bedtime story, and so, a small part of us continues to feel comforted and reassured by information presented in the form of a tale.

There is a strong oral element to storytelling. In history, tales were communicated from generation to generation without being written down. Sometimes music accompanied the storyteller. Sometimes storytelling took the form of drama, initially in ancient Greece, perhaps even in caves, and certainly in the plays of Medieval mummers.

Storytelling is therefore an important part of the dialogue between people. What is the first question you ask a someone you meet at a business networking event? I bet it’s something along the lines of “How long have you been with your company?” To which, oddly if you think about it, the classic answer is a story: “I’ve been with Plastic Holdings for three years. Well, before that I was in a different industry, helping research into oil based paints. Now though with Plastic Holdings I’ve had the chance to travel the world and help people understand the importance of the right materials to the job in hand.” See what I mean? The questionner didn’t ask his new acquaintance to tell a story, but it was immediately the first response.

There are two ideas that spring from this th are significant. The first is the strong oral tradition of storytelling. Stories were initially passed down from person to person, and as such, any corporate ‘story’ needs to have an oral element. In addition to appearing in company newsletters, on websites, etc, the company story needs to take flight in the conversations of staff members. This is where it starts to feel part of the company culture. Video can also play a part in disseminating the story.

Second, and these two are connected, it needs to feel, and be, completely authentic. This is important. We’re not talking fluffy myth making here. OK, myths are stories too, told first at the hearth and then in theatres and on stage but veryone knows them for what they are. Myths do not belong in corporate culture. Stories do. A good corporate story is a carefully researched and validated recording of real events.

The wonderful Max Howard, President of Exodus Film Group and owner of the Max Howard Consulting Group is now working worldwide helping organisations understand the importance of corporate storytelling. Animation specialist, ex-Disney and Warner, a man who can spot a good story from 20 paces, it will be interesting to see his progress with major organisations over the coming months. The views on storytelling raised above are my own; I am sure Max could tell it better.

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Is iPad Advertising Like Harry Potter?

February 23, 2011

iPad Advertising is Very Harry Potter

Those who love Harry Potter will remember the portraits that are hung throughout Hogwarts and elsewhere. Living pictures that move and gesture from within their frames. In Harry Potter, the pictures in books move too.

It struck me the other day that real life advertising is becoming increasingly like the Harry Potter portraits and books, which is ironic considering that Harry Potter is set in a mythical and slightly old fashioned world which no references to Harry’s trainers can quite dispell.

So why are ads becoming increasingly interactive and what lessons are there for the keen marketor (with or without a broomstick)?

It is natural that as technology evolves, there will be an interest in stretching the boundaries as much as possible. Think of moving poster sites on the underground, at bus stops and other outdoor advertising locations. These digital billboards have evolved the concept of advertising from a static image to video, with the potential to tell a story in bite-size portions. It is important with this type of medium to consider the angle at which the consumer will see the ad, and whether there is more than one screen available. With the screens that appear on the tube escalators, it’s much better to show different elements of the story on each screen rather than show the same ad on every single screen.

In the same way, as businesses and consumers reach for tablet computers to read publications and get their news, advertising will have the potential to become more interactive, either showing a video or interactive experience, or, more spookily, and in true Harry Potter style, showing video content within a static ad. Already, stock photography sites such as Getty and iStockPhoto have made this type of content available.

So how can this content be used? What does it contribute to a static ad? Video content inserted into a static ad must add something to the message, rather than just be a gimmick. It is easy to distract the viewer and the intention should be to enhance the message. As with a photo, consider the angle of the subject’s eyeline how the composition works across the ad to include this moving content. Take as much trouble as with a photographic stock shot to ensure the mood, tone, and audio work for the brand.

It would be great to hear from digital magicians in this area and those who simply have ideas as to how it would best work.

 


Growing Your Business in a Recession

February 2, 2011

 

Keep a Sense of Focus in Recessionary Times

In November, I posted on How to Market in a Recession, explaining the importance of free information, relevance and careful testing of marketing strategies.

The more I talk to clients and consider the best ways to grow my own business in the current climate, the more synergies I see. So I decided to share these learnings in the hope that they are useful to others.

It may seem hard to imagine, but there is indeed much business in the current climate. It’s just a case of identifying where it is and tailoring your proposition to fit. Here are some thoughts on how to run your business in a recession:

1. Explain the value in your proposition. Don’t just give your customers value, explain where the value is. Your customers may need to justify their spend either to a board, their colleagues or even themselves.

2. Provide open pricing models. Offer a variety of different pricing options with the services very clearly defined for each one. This puts customers fully in control of how much they buy and for how long. This is true whether you are promoting office maintenance services to companies or running a restaurant for tourists. By providing an ‘a la carte’ or ‘set menu’ offering, customers feel in control of their purse strings and are more likely to want to buy from you.

3. Understand your client’s business in depth. By tracking your client’s business, you can help them stay on track and understand the challenges that their business is facing.

4. Deliver quality. Quality is always a prerequisite, but look at the details. What more can you offer to enhance your service offering? What can you do better?

5. Sweat the detail. Think about everything that’s important to your customer and make sure that your products and services meet those needs. For example, if you are running a tourist restaurant next to a beach, what would make someone visit your cafe instead of the one next door? Then, no matter how inconvenient to you, make those changes. If there are fewer customers on the beach, you want them to be eating lunch with you, not your competitor down the promenade. It sounds Darwinian but it’s true. If you are running a telecoms service for businesses, what annoys clients about the way other companies send their bills, extend lines of credit, send their engineers, pick up the phone? Take every one of these points and do them better in your organisation, even if it means taking tough decisions.

6. Continue to market. There are some cuts that need to be made in tough times, but make sure that everyone knows you are still there and open for business. Use innovative strategies, challenge pricing models, by all means, but make sure you promote your company with as much energy as in the good times.

I hope that these thoughts are useful. It would be great to hear your experiences.


How to Decide Whether to Exhibit at a Trade Show

January 24, 2011

 

Why Exactly Are You Going Around the World for an Exhibition?

It’s trade show season and across the world companies are asking themselves “Should we go to Broadcast Video Expo / CeBIT / Gamescom (delete or add to as appropriate)?” You get the idea.

It’s all too easy to go to trade shows for the wrong reasons and easy to stay away because the costs seem high. The following points might make it easier to decide one way or the other.

Reasons to Exhibit at a Trade Show

1. Your customers will be there. Not only will you have the opportunity to promote your company to them and entertain them, but you will exert a presence in an area surrounded by competitors.

2. The right potential customers will be there. Ask the organisers to send you a detailed breakdown of job roles and companies who attended the show last year and who have registered for this year’s event. Ask questions around the industry and find out whether the majority of ‘industry people’ are going to the show or whether it’s considered a turkey.

3. You met the right people there last year. Our memories can fail us. Think back and check your notes. Who exactly did you meet last year? What business did you close as a result of the event?

4. There are highly relevant talks taking place. This will indicate the type of visitors who are likely to attend. High quality, relevant talks will also provide added value and draw the right people to the event.

5. Consider the entrance costs. If the event is expensive to attend and in a place that it costly to travel to, you are likely to have fewer visitors but potentially they will be of a higher level. If the event is free and in a large city, there are likely to be more visitors but there will be some ‘tyre kickers’ along the way.

6. Check the date. Have the organisers considered the date of the event? Are the right people likely to be able to attend? For example, if you are promoting vegetarian food products at a large food fair, what other events or religious festivals might keep some key buyers away?

7. Do the numbers add up? If you think you could get perhaps three new customers as a result of the exhibition, and the value of these customers might be $100,000 each, then the cost of a trade show at $8,000 might be OK. If you think that you will not get any customers, or you will only get one customer at $2000, then it’s a waste of money.

Reasons Not to Exhibit at a Trade Show

1. Your competitors will be there. Ok, this might also be a reason to go, but first you need to consider why your competitors are attending. Is it simply because they have always attended? Don’t get drawn into other companies’ lazy thinking.

2. You are offered a good deal for booking early. Woah! Rein in those wild horses and consider the Reasons to Exhibit listed above.

3. The trade show is taking place somewhere nice. This is the worst reason of all. Book a holiday instead!

One last comment about exhibitions before I slide off to book a holiday at the NEC Birmingham ;o) Even if you attend an exhibition with the right delegates, book a great booth space, design a wonderful booth and meet lots of fantastic prospects, it means absolutely zip if you don’t follow up your leads. What’s more, the follow up needs to be within a week after the show. Yes really.


How to Write a Press Release

January 19, 2011

Writing Press Releases is Simple

Last week I gave some tips on how to structure a press release template. This week, here is some guidance on writing a press release – assuming that you already have your press release template together.

1. The Headline. The headline should summarise the entire press release and encourage the journalist to read further. If it’s a business to business press release, something along the lines of  ‘Sondberg Printing Announces Acquisition of Greenink Supplies’ would work well. If the press release is for business to consumer, you might want to adjust your tone if the subject is a little lighter; for example ‘UK Consumers Love Peachy Scents this Valentine’s Day’.

2. Writing Style. Your writing style needs to vary depending on the content of your release. Think about the publication or website in which you want your release to appear and write about your news in a way that it likely to appeal to the editor. If you are sending your release to The Telegraph, The Sun or Baking Professionals, the style is going to need to be very different. With B2B PR, you can assume that the editor and the reader will have a lot more background knowledge of the subject.

3. Make a Great First Impression. The first paragraph should summarise all the key points. Remember that a busy editor will want to understand your press release quickly before putting it forward for possible inclusion or rejection.

4. Give Enough Detail but Not Too Much. Use your second paragraph to give enough – but not too much – additional background. About 100 words is enough.

5. Add Quotations. Add some quotations from interested parties. There should be at least one quotation from your company, perhaps from the CEO, plus a quotation from another related group. This could be a client or business partner if the release is about an agreement, or someone who understands the relevance of the news, either an industry spokesperson or consumer expert.

6. Finish with your Contact Details. These should be in the press release template I described last week.

This framework should form a useful template for writing a press release. I’d be happy to answer any questions your have if you leave a comment.


Tips for Creating a Press Release Template

January 12, 2011

A Press Release Template in Less Time Than It Takes to Find the Coffee

If you are planning to release news to print and online journalists, it will help to create a proper press release template. Once you have set up a template, it can be used for future press releases, saving you time. Here are some tips on the essentials that you need to include:

1. Create your press release template in MS Word or another, similarly accessible format. If a new version of Word comes out, use the slightly older version until you are sure that most journalises will be able to open the new format.

2. Add a logo to the top of your document.

3. Underneath, on the left hand side, add ‘For Immediate Release’.

4. In the centre, add the words ‘Press Release’.

5. Underneath, add a headline for the press release such as ‘ABG Graphics Acquires West London Design Company’

6. Start your press release with the location of your news release and the date – for example “London, 15th February 2011”

7. After the main press release, add a final paragraph containing boilerplate about the company; for example

‘About ABG Graphics:

ABG Graphics is a London based graphic design company specialising in design for all types of fashion industry catalogues. Founded in 1985, ABG now has a staff of 165 people in the UK and China and dedicates itself to serving leading names in fashion retail.’

8. At the bottom of the release add a section: ‘For Further Information:’ and then include your contact details which should include your name, your title, telephone number and email address.

These tips should help to get you started with any PR activity. Look out for next week’s post on writing press releases.


7 Tips for Choosing a Website Content Management System

January 5, 2011

A Good CMS Should Work Like a Well Oiled Machine

I’m back after a hectic festive season and hope that everyone who celebrates this period had fun and a good rest.

The need to help several clients update their websites has made me think about what makes a good website Content Management System.

So first, what is a Content Management System?

Content Management System – A Definition

A CMS is a software platform that enables an authorised website editor to access the website to make changes of various kinds. Depending on the complexity of the CMS, and the level of authority the website owner wishes to bestow on the editor, the following functions are possible. I’ll start with the most common functions, moving to those less commmon.

1. Add news stories, press releases, white papers. This is probably ‘level one’ in terms of authorisation.

2. Change the text of the actual website pages. For this the user should have copywriting skills or be working with a copywriter to maintain the house style.

3. Create new web pages

4. Specify the URL for the new page (this is handy for SEO reasons)

What Makes a Good CMS?

A good CMS will contain the following features:

1. A robust architecture. No matter your level of access, you should not be able to screw anything up in terms of the core design

2.It should be possible to easily find the page you are looking for. In-Context Editing, where the copy is viewable within the page design can help with this

3. The CMS should have been designed to help visualise the website both on the temporary (hidden) site and the live site. For example, you should be able to program a link on the temporary site to another page on the site and check it, and these links should also work when the site goes live

4. The navigation should be intuitive. You shouldn’t need to read a manual to work out the majority of the programming.

5. It should be possible to create a new page and to specify keywords within the URL for SEO purposes

6. You should be able to move page order around in the menus

7. It should be possible to move the running order of items such as news stories, case studies, technical papers etc on a page.

Whilst it’s more of a comment than a tip for choosing a Content Management System, it is worth noting that importing text directly from Microsoft Word can be problematic. It is therefore better (although slower) to move the text into Notepad first.

Wishing you all a happy, glitch-free 2011.