Monday, January 18, 2010
Can we choose something other than Shock as motivation to change?
Friday, January 15, 2010
IS there something Better than Free?
When you really dive into research, sometimes you make interesting discoveries. I’m integrating a long-term (1 year) test into my business model reflecting one of those discoveries.
The introductory classes and Teleseminars already scheduled (until February 6) are the last free ones I’m doing this year. For the rest of 2010, these events will be hosted for a nominal fee ($5-$10).
Blessings,
Heidi Sue Roth
© Copyright 2009-2010 Heidi Sue Roth. All Rights Reserved.
Thursday, January 14, 2010
Is ROI actually an expression of Inherent Value?
A quick update on the idea of value.: I had a great conversation about this topic with a consultant this week. He talked about how he communicates value to his clients and about specific projects. The approach he described is effective, common, and still not really about value.
He uses one of the common ROI (return on investment) computations to speak to his clients about the value of the project. It’s normal in these conversations to use the word value as an accessible concept to frame what a customer will invest in a solution and what they will get for that investment. To express this in a simple manner it’s:
Basically, this kind of calculation shows if the money spent on the project will generate more output than it cost to implement the change. And this is commonly called an expression of value. Unfortunately, value isn’t actually part of the equation. If you “reduce” down the elements, you get two numbers that reflect money spent vs. money earned. So what is really being quantified is the inbound cost of the process and outbound money generated by the process. Even if you take ROI up a level and quantify over all how much money the change will generate in the company over the long term, you’re still a long way from any real meaning of value.
This brings me back to the reality that to truly survive, thrive, and impact the economic reality of our world, we’ve got develop a relationship with value. This is highlighted by how the non-monetary perspective of value is listed later in the dictionary: “8. import or meaning; force; significance: the value of a word.”
In contrast the definitions of the word cost really hone in on the ways we constantly frame all the realities of being in the world:
2. An outlay or expenditure of money, time, labor, trouble, etc.
3. A sacrifice, loss or penalty.
I encourage you to begin framing your time, energy, and passions through the “latent” meaning of value instead of cost.
© Copyright 2009-2010 Heidi Sue Roth. All Rights Reserved.
Wednesday, January 6, 2010
Don't Pick a Niche OR Master the New Marketing Economy Workshop--NEW MATERIAL
Monday, January 4, 2010
The Wave continues to build...are you ready?
Thursday, December 31, 2009
Create Powerful Results in 2010—Tap into the Theme for the Year
The theme or focus for this next year became clear over the last few months. As I’ve delved into research on how to market and do business in different ways for the upcoming, critical 18-24 months, this concept and change presented over and over. It’s revealed itself in conversations about personal development, business success, and how the world is changing.
So while you’re setting your intentions and creating your plans for the coming year, you can increase the effectiveness of everything you do by tapping into this powerful theme.
"Value Added" has been a sales concept for a long time. The idea of adding value to close the sale, to get the customer is just a regular thing that is done in business. It's time to realize that this is really the cart pulling the horse. Instead of adding value: BE value!
Tuesday, December 8, 2009
What is an "Anti-Niche" Website?
That's what I'm hear to answer for you today. Not only what it is, but why and how this happens. I found a blogpost Eric Thiegs wrote that led me to the deliberately non-niched website (that's Eric enjoying his daughter in the picture). He gave me a gracious, generous interview...check out how two guys instinctively responded to the changes in the market reflecting the problems with Niche Marketing.
That’s exactly what happened for Eric and Joe, the founders of stageoflife.com. I had the opportunity to interview Eric after reading a blog post he wrote about being an Anti-Niche website. As my experience, research, and intuition all point at the ongoing need to discover marketing success beyond niche marketing in the New Economy, I was excited to speak to Eric by phone.
The site, StageOfLife.com, came into being based on the experience of Eric’s wife trying to conduct and create her own meta-searches. This was shortly followed by Eric hearing how other companies wanted meta-lists of potential costumers—and were willing to pay handsomely for them but they didn’t exist at this point—along with the decision to not make their brain-child website small, “niched” silos. Instead, the founders have them open to curiosity and potential investigation for individuals in specific stages of life with the ability to look at other transitions "sub-sites".
The website and their approach is impressive; I was surprised how long I spent simply visiting different channels. I went way over my “budgeted” time to check out the site before our call. Eric recognized a couple of important factors; this realization is one many Start-Ups and service-oriented businesses can use.
“I told Joe we’re going to spend all of this time to the niche, but we find out that college [age group] is just crazy and we should’ve put our resources in a different category. We’re going to be fighting for market share, it makes sense to do only one site.” Their decision to not chose a single age-group or life transition has created interesting affects. “It’s hard to [write] SEO this broad” Eric revealed honestly.
In the same vein, the visual identity of the site was a challenge. Finding images that would communicate across ages and stages without being inaccessible for any given age group was a hurdle. They tapped into custom artwork that reflects another change in taste that’s also at the beginning stages of becoming a wave: custom artwork rather than custom photographs.
Many new businesses discover they have a website, graphics and printed materials that end up not being a match for the actual market. Many business coaches will tell you that you have to create these things to succeed. I’m here to tell you that times have changed: niche marketing it not the foundational truth it used to be. Niche Marketing is part of the landscape, not the map. StageOfLife.com demonstrates this change beautifully.
And others, like Eric and Joe, have noticed that being too specific too soon is not always a recipe for success. Stay tuned! More interviews highlighting success apart from the message of Niche Marketing are headed your way.
Wishing you Success & Heart,
Heidi Sue Roth
