Register TODAY!

Register TODAY!  Join us February 8th from 4:00pm to 8:30pm at AMS Pictures in Dallas, Texas to receive powerful cutting-edge insight from the Top Business Minds in the Metroplex! Don’t miss this opportunity to hear from Four Powerful Speakers- One Incredible Evening.

 

 

Tim Houlne, CEO/Working Solutions: Exposing Profitable Growth Opportunities

Jim Smelley, Co-Founder/Thought Ensemble:  Collaboration – The Business/IT Opportunity for Success

Tracey Altman, Vice President/Wholly Guacamole:  To Innovate or Not – Is That the Right Question?

Mike Rose, Founder/Return On Energy:  Organizational Engagement – Getting the Right People In the Right Seats.

Speaker Bio’s and Topic Outlines

Register Now

Take advantage of the Early Bird Rate $40.
*Hors D’oeuvres & Drinks Served*

Event Location: AMS Pictures 16986 North Dallas Pkwy, Dallas, TX 75248

What the rest of us can learn from Netflix

Much has been written about the recent troubles over at Netflix with one of the craziest and fastest ever corporate breakups and reunions, but what can the rest of us learn from what happened?

A quick recap: Within the space of 10 days Netflix announced it was going to spin off its DVD by mail business, then changed its mind, but during that brief period lost itself almost 1 million users! I’m sure at the time it might have made sense from a long-term strategy perspective to isolate the dwindling portion of the business from fast growth streaming business.

The fact is that they lost sight of the core value that their customers saw in the service, and although the split model would have been more expensive for the user it wasn’t just about the money. Netflix forgot why their customers loved the service in the first place. Convenience; with one logon and a single location to view the entire library, manage your queue, get recommendations, and the ability to easily choose between snail-mail DVD or streaming delivery.

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Go-to-Market (part 2)- Product Definition

Product DefinitionIn part two of our Go-to-Market strategy we will discuss the Product Definition phase. I am reminded of the movie Field of Dreams and the illusion that “if you build it they will come”. OK in the movie Kevin Costner’s dream did come true and they did indeed come, but that’s Hollywood for you!
Don’t get me wrong, you need to have a dream or a vision for  your business, but you will need a rock solid strategy to go with it if you want it all to come true. During part 1 of the Go-to-Market strategy we covered market definition, this month we move on to product definition.

There are three critical elements to consider in this phase- Package,  Pricing and Positioning, and the end result will provide answers to the  following questions:

  • How should I package the product or service in a
    way the buyer can understand it?
  • How should it be priced so the buyer sees value?
  • How should the product or service be positioned
    so the buyer selects it over others?

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Nurturing Customer relationships

Relationships by their nature are individual and personal, so if you want to improve your customer relationships then you have to listen to what each has to say. When was the last time you took the time to really find out if your current customers are satisfied with your products and services- what about quality, delivery, ordering process, technical support, documentation etc, etc? The very act of engaging with your customers and asking for their opinion shows that you value their business and the relationship you have with them.
Every time you come into contact with one of your customers or prospects, you have the opportunity to improve that relationship. And, when you improve the relationship with one customer, it’s one less customer that is likely to consider abandoning you for your competitor.
This also reminds me a great saying “listen with your mouth shut”. All too often we use the opportunity of a customer interaction to try to sell them something. So rather than calling up your favorite customer to tell them about a great new product or service they just can’t be without, try just asking them what’s on their mind and how can you help them instead. Focus on serving not selling.

Go-to-Market (part 1)- Market Assessment

go-to marketI was asked a simple question the other day by a colleague who is just starting up a new business. He wanted to know how much time and effort he should expect to put into completing a market assessment. Simple question, right? My initial thought was to say something smart, like “how long is a piece of string?” But he was being sincere. And since this is a question I’m asked frequently, I thought I would share the main points we discussed.

The market assessment is the first (critical) step in an overall “go to market” strategy. Put simply, it answers the question “WHO am I selling to?” It’s easy (and tempting) to think that everyone will want to buy your latest gadget or gizmo. Therefore, why would you want to limit who you are targeting? In a word: “focus.” Continue reading