How to become a Key Person of Influence

img

“Muuuuuuum! Woolies is stealing my market share!”

October 14, 2009 | By Leela Cosgrove

leela cosgrove icon “Muuuuuuum! Woolies is stealing my market share!”So I accidentally turned on the TV the other night (something I do so rarely these days) and one of those incorrectly named “current affairs” shows was on. I left it playing in the background while I was pottering around. Big mistake. Huge.

Some small business was complaining that they were being massively undercut by a major chain store – and won’t the ACCC please do something about it?

What a load of crap.

If you suck at marketing, don’t go crying to the government to save you.

“Muuuuuuum! Woolies is stealing my market share!”

“Now Woolies, play nicely with your little brother!”

I mean seriously – the grown up business world is no place for whingers and victims.

If the only way you know how to sell is to compete on price and thereby make yourself a commodity, then get out of business or get so much money behind you that you can compete on price. But either way, stop bloody complaining.

Business isn’t “fair” and it shouldn’t be “fair” – fairness is communism. The reason I’m an entrepreneur is because I want more. I’m prepared to take the risks other people aren’t prepared to take. And I get very unfairly paid for it.

World renowned, awesome copywriter Dan Kennedy wrote an amazing piece recently on how being in business is like going into battle everyday.

In it, he talks about how getting up and going into business is a battle. It’s the warrior’s path – we wake up every morning and go to war.

We may complain, but we – deep inside – like the fight. And the superiority.

Oh yeah – let’s so not forget the superiority. There’s a touch of the megalomaniacal in all good entrepreneurs – yes, even the social ones. To get through the crap, you need to be driven by something greater – whether that’s a belief that they’re special because of their intellectual vanity or because it’s a belief that they are somehow chosen or special and need to be the ones who take a stand and change the world.

Interestingly, either of these would, if diagnosed by a psychologist, be definite evidence that you were crazy (delusions of grandeur) and enough to have you put on drugs if not shipped off to a nice, padded cell.

“Contrary to the psycho-silly no-grades, everybody’s-equal pablum being fed to babies all the way through college, on the business battlefield in the real world, there are – everyday – victors and defeated.”

Woo hoo!

Darn Tootin’!

To the victor goes the spoils – not to the whinging victims who are running around begging their mums to stand up to their bullies rather than focusing on getting better at their business. If it’s not Woolies, it’s going to be someone else. If you don’t know how to differentiate yourself from your competition, don’t rely on the Government to save you – get better at running your business!

Leela Cosgrove is Managing Director of Business Writers Anonymous, focused on sales, marketing and business development. She is also a firewalker, has a black-belt in Tae Kwon Do, a penchant for tattoos, and enjoys bands such as Rammstein, Li Bach, Marilyn Manson, Pennywise and Bad Religion.

5 months FREE on phone system rental

Want an ad like this?

 5 months FREE on phone system rental

 

Rent a new phone system and connect your phone lines with Commander to receive 5 months rent free.

Why rent with Commander?

- Tailored complete solutions
- great offers from leading  phone system brands
- rental & communication on a single bill
- renting systems conserves cash flow

Hurry – Act before 30 June!

  • http://www.productiseordie.com Thor

    AYE!

    This resonates with me very much.

    If you have no Unique Value Proposition to distinguish you from “would be” competitors, you are like a castle without a moat or portcullis to keep out barbarians, like, well, like ME!

    You don’t want to compete with Thor the Worlds Number 1 Sales Warlord. You can’t. Don’t want to compete with Leela Australia’s Number 1 information product specialist – you can’t.

    But anyone can compete with you and if they have the financial clout commoditise you out of the market if your only distinguishing feature is price variance.

    Let me break this down for the people that didn’t spend 100k in the last three years on marketing and business information – PRICE vs VALUE – Value always wins – and what is Value – WHATEVER YOUR IDEAL CLIENT SAYS IT IS.

    There are people out there who want what you have like a junkie wants heroin.

    So where are they now you ask in this tough time?

    If you have no Unique Value Proposition, how do they KNOW what you have?

    As Jay Abraham says, your client’s can’t hear what you aren’t telling them.

    As Leela Cosgrove says, your ideal client’s can’t tell everyone they know (other ideal client’s) what do, because you haven’t put it into a Unique Value Proposition that makes it easy to communicate your MASSIVE VALUE.

    Haven’t got one?

    Book your business funeral now and save some money – or get wise and talk to an expert.

    [Reply]

  • http://www.biztoolsanalytics.com John Power

    Business is often said to analogous to War (The Art of etc), but I think it’s more accurate to think of it as being Darwinian…survival of the fittest.

    [Reply]

  • http://www.speddoshire.com.au W Spedding

    Hello All
    The truth be spoken.
    Price is not what motivates the customer, Our Customers, most definately not.
    A little storey here.
    We had started out 15 years ago with an idea and a formula to put a price on the idea, read here “Product” if you will. Business was a success, we flouished. But our formula was wrong, it made the low end value items more expensive than the upper end value items in dollar per capita, and we were moving from a dropping low end product to an increasing top end product range.
    We spent some time in agonising our position, we made an executive decision, and based our product resale price on a percentage. This made our low end products substantially cheaper and our top end products substancially more expensive compared to our original formula.
    What happened??
    Nothing, our sales continued to increase, no complaints, no issues, no phone calls —-NOTHING—-
    Could we believe it —-our customers did not care what the price was.
    PROVIDED————–We delived ————– THE SERVICE
    and THAT is what our product is all about, our customers expect to receive a standard of service which they will complain about immediately it is not received, they don’t give a toot about the price.
    The ecconomic downturn?? The only problem we have felt is that our own commercial credit limit has been reviewed quarterly, instead of yearly, a small price to pay to keep us on our toes.

    [Reply]

  • http://www.businesswritersanonymous.com.au/blog Leela Cosgrove

    Excellent feedback guys … so tell me …

    What SHOULD the small fruit shops be offering to fight back against the big chains? What would make the price difference not an issue?

    [Reply]

    W Spedding Reply:

    I agree – get the customer educated, show them something that makes you stand out, can you make a flyer with a “tick” to order this or that, have it in a display in/near your shop, take this flyer now, fax/email us the order and we deliver??
    Maybe a letter box drop??
    Single out “The Oldies”, make them feel special with a home delivery service, they can’t carry much themselves.
    Set up a “round” like a milk run., run it once, twice a week and do not be put off with disapointing first or second week results
    By absolute good furtune, we had ad “Old Dearie” ring and explain that her lift had not picked her up, could we come up and show her a such-n-such??
    We packed 3 different units into the van, went up and showed them off, sold the lot, because the neighbours saw us, came in to see what was going on, and bought some themselves, we keep getting like calls for the next 6 months, sold about 12 units for an hour of the “personal touch” months ago.
    Hope this helps

    [Reply]

  • http://www.productiseordie.com Thor

    Certified
    Organic?
    No steroids?
    Less chem / pesticides?

    [Reply]

    Leela Cosgrove Reply:

    With an education campaign to show people how / where the “major chains” source their fruit and veg …

    [Reply]

  • http://www.businesswritersanonymous.com.au/blog Leela Cosgrove

    Also: how about an “old fashioned Greengrocer” style service? Drop off your fruit and veg list on your way IN to Woolies and they have it all ready to go when you get out … just pop your credit card through and your done …

    Add value, add value, add value!

    [Reply]

    Paul Ryan Reply:

    Hmm. I like to choose my own avocados. But I do like those little cheese cubes on a toothpick they hand out.

    [Reply]

    W Spedding Reply:

    We got one
    A small fruitier
    “The Round Man”
    He is big, he is jovial and he is marketing his image right outside coles entryway and he is doing well.
    Right out side his shop is a life size “A” frame image of the man with his recognisable face and “Huge Round Body Image” what is it called?? – “characture”?? which is basically a blackboard with todays specials written on it.
    Image-marketing thats is what it is all about
    He has good fruit too

    [Reply]

    Leela Cosgrove Reply:

    Ahhh … you might Paul … but my guess is that you’re not a busy mum who goes to the supermarket with 2 kids under the age of 6 (neither am I for that matter – but I know them!). They don’t care about choosing their own advocados … so I suppose step one is:

    Target market – who’s your niche?

    [Reply]

    Thor Reply:

    Ohhh yeah.

    It all begins and ends with the client.

    But if you don’t have a specific client – how will your marketing reach them?

    “oh but I have a niche – SME is my niche”

    BULLSHIT.

    SME is a freaking CANYON not a niche.

    “oh ok. well how do I get more specific? And if I do won’t I exclude people?”

    An age bracket, sex, other products / services they use / where they hang / how much they need to be earning (or not earning) or what needs to have happened or Not happened to them to need your product or service?

    YES YOU WILL FREAKING EXCLUDE PEOPLE.

    THE ONES WHO DON’T NEED WANT AND WILL NEVER BUY YOUR PRODUCTS!

    Would you rather have one short conversation worth $100k

    Or 50 short ones worth nothing 30 long ones ultimately worth nothing 10 long ones worth 10 k each and two really long ones worth $25k each?

    DO YOU HAVE TIME AND MONEY ENOUGH FOR ALL THAT SCREWING AROUND?

    And if you have a marketing budget that big what in gods name are you doing on an SME forum?

    If I aim my rifle at one target – fire and hit it – I have hit a target – when you hit one target can you not reload and hit another?

    You cannot hit, what you are NOT aiming at.

  • http://www.speddoshire.com.au W Spedding

    You market, you cast the net, you bring in the catch, but you don’t know the catch until it is in the boat, sometimes it is minnows, sometimes it is Burramundi. Your market is the ocean, you gotta know where to cast your net, after all – it is unadvisable to catch whales. The art is to catch what you need, not what you don’t want. And yes, I want to exclude any customer that is not MY “A” GRADE IDEAL CUSTOMER.
    Wake me up here – I am dreaming.
    How about shooting every client that does not meet my IDEAL CUSTOMER status??
    oops, sorry, we were talking about aiming for targets, not shooting customers.
    The absolute ideal is to exclude all you do not want and include all that you do.
    Talk, talk, talk, because until the end of the conversation, you don not know who is the million dollar client, and which are the 50 or so 100k clients.
    Some brilliant person said “Ya gotta kiss a lot of frogs to find the PRINCE”

    [Reply]

    Thor Reply:

    I totally agree and completely disagree on some of this.

    If you have the marketing budget of oh…

    Woollies for instance, you have whats called a drift net.

    If you have the marketing budget of a small business you have a spear gun.

    Or a hand line.

    You can only really afford to go for one species.

    If that species has a particular age sex location income bracket and set of needs you know where on the reef you need to drop anchor and which rock they hide under.

    Speargun.

    You eat that week.

    If you have a speargun budget and you want to pretend you are woollies you can only buy so much broad spectrum advertising before you go broke.

    [Reply]

blog comments powered by Disqus

Find Us on facebook

Latest Video

Waiting for the great leap forward? I think it’s already here [VIDEO]

Throw away your keyboard. Discard your mouse. All you need to do to control your computer is wave your hands about. No instruction manual needed, just a teeny, tiny device that reads your hand motions. Really. The revolution in human-computer interaction just took a massive leap forward.

More>>

Latest Comments

Ant Mart

Anthill Amabassadors

Tech & Innovation

Sponsored by AusIndustry

AusIndustry is a specialist program delivery division within the Department of Innovation, Industry, Science and Research.

More>>

thumb

Growth & Export

Sponsored by How to become a Key Person of Influence

Key People enjoy a special status in their chosen field because they are well connected, well known, well regarded and highly valued.

More>>

thumb

Anty-Climax

Sponsored by Antmart

It’s a group buying site specifically created for entrepreneurs and business builders.

More>>

thumb

Marketing & Media

Sponsored by Google

What do you know about Google AdWords? This hub was developed to answer the questions you already have, and those you haven’t thought yet to ask.

More>>

thumb

Upcoming Events

MAY
29

Want more leads and customers? Half day event to get big outcomes from a little budget.

Have you ever wondered… Why every industry has only a few businesses that thrive and get more leads? And they don’t suffer from cash flow problems or lack of leads, even when there is an ‘economic downturn’. They don’t have to ‘push’ or make stacks of cold calls.

More>>

MAY
22

WEBINAR: How to turn your knowledge into products… and build a global empire in your underpants!

This webinar is all about how to unlock your valuable industry knowledge and turn it into a product. It’s about how to increase the value of your business and take control of its future.

More>>