Me-Too Positioning gets you Nowhere in B2B Marketing

The other day I was speaking with a prospective B2B software client who needed to better differentiate itself in its market. When I asked the President of the company to tell me what makes his product more special than the next provider, he referenced the following:

  • Our product is easy to install
  • We provide incredible service
  • Our product is available at a very competitive price point

My reply to this business leader was something you might expect. I told him that at least five of his top competitors can not only say the same thing, but they already are! Like the title of this article says, me-too brand positioning will get you nowhere, fast. Me-too brand positioning is not worth the paper it is printed on. Throw it out, forget about it and find a more distinguishing way to differentiate your business. One caveat, however: There are certain times when me-too messaging must be used to ensure a sales prospect that you have the same table stakes every other provider does. The key, however, is that if you must use me-too messaging; by no means hang your hat on it. Instead, use it as back-up messaging. You must put that repetitive positioning behind more substantial competitive positioning that will really set your business apart from the rest or your sales opportunities will surely fall flat.

This example, I’m afraid, is all too common today in business. Business leaders and even marketing personnel do not take the time to look at what the competition is saying about itself before developing and utilizing its brand messages. This is a dangerous path to take and one that usually leads to lost sales opportunities.

Every business, whether large or small, or new or established, has something it can hang its hat on in terms of distinguishing characteristics. It is critical to business success that you figure out what those things are and build your elevator pitch and key messages around those points. While each business is unique and will have its own differentiating areas, there are some trite statements and phrases to try your best to stay away from, because your competition is likely already using them, and they do very little to make you stand out. Some of these overused and really non-differentiating aspects include:

  • Best-of-breed solution
  • Easy to use (try to find a better way to say this such as intuitive navigation, e.g.)
  • Industry leading (you’ll note that this is hugely overused today!)
  • Increase performance (it’s better to specify what aspect of performance)
  • Improve efficiency (it’s better to specify what aspects are performed faster and with less resources)
  • Rock-solid (what does this even mean in terms of business value?) Why not say dependable or reliable and state the reason(s) why?

I must reiterate that there are select instances when some of these words must be used, but as a general rule they should be avoided at all costs.

Customers buy B2B goods and services based on specific aspects of price, service, features, reputation, reliability, interoperability, comprehensiveness and others areas. As a business owner and/or marketing professional, it is your job to figure out what unique aspects your business has/offers and build your company’s brand positioning around those points. This distinguishing messaging will help you stand above your competition and will go a long way in terms of strengthening your sales and marketing efforts.

Keys to Small Business Sales Success

A small business constantly worries about where its next client is coming from. Without dedicated sales people typically, most entrepreneurs generate leads themselves amidst their multitude of other business functions including servicing existing client accounts. Often without professional sales experience, the small business owner (myself included) would be remiss to turn away some helpful tips on how to sell effectively. With this in mind, I took some time to interview a proven sales professional.

Following is my interview with Kenneth Barns, founder of Breaking the Sales Bottleneck (BTSB) Consulting (www.breakingthesalesbottleneck.com):

Kevin: What sales challenges do you see the small business owner facing most prevalently today? [Read more...]

B2B Branding with PowerPoint

Branding is an imperative in business today if you intend to make your company stand out from the crowd. Many businesses (large or entrepreneurial) take this to mean a slick logo or a graphically pleasing website. These promotional/branding mechanisms are important and should be considered, however, one of my personal favorite means of branding a business and its offerings (primarily applicable for business-to-business organizations serving other businesses) is to leverage the PowerPoint medium. The ability it affords for you to develop and display graphical models/images that speak volumes about your business and the value your products and services provide, make this medium a true winner in my eyes.

Personally, through my many years of PR/Marketing/Branding experience, I have come to realize the true power of a company capabilities/sales presentation that tells prospects, investors, partners and even employees who the business is and why its products and services should be considered for purchase. I have developed countless capabilities presentations using PowerPoint and have come to rely on an eight slide format that works for any organization, regardless of size, marketplace, etc. The slides include:

1. Business challenge - Talk about the challenges your clients and prospects face that lead them to search for solutions like the ones you offer
2. Your value proposition – In business value (rather than product features) terms, describe how your solutions (product and services) solve the problems described in slide 1 [Read more...]

The Power of Business Partnering

Regardless of the size of your business or the industry you operate in, aligning your business with complimentary organizations that can help you expand your reach and even your set of offerings can be a highly effective way to succeed, especially if you are a small business with limited resources.

Business partners can serve a multitude of purposes in the course of a mutually beneficial relationship. Here are several examples:

1. Help you expand and round out your set of offerings – if you’re a law firm and want to also offer a lower-end “product”, you can align yourself with a pre-paid legal services firm, for example
2. Expand your reach and penetration into new customer segments and markets – if you have a small firm operating in the U.S. and can find a viable, complementary partner in the U.K., for example, you can tap international market segments without having to physically expand into the region.

[Read more...]

Is Your Brand Brawn Enough?

A carefully developed brand is similar to a carefully sculpted physique. It must be honed and sculpted to meet desired goals. Like a body builder, a brand needs to be proportionally shaped from top to bottom. In the world of Marketing this boils down to whether or not your brand identity is built with enough brawn to shoulder your foreseeable growth. You don’t want to get to the point where you have to play a desperate game of catch-up with your brand’s new-found ubiquity.

Like everything else in life and business, why not prepare for it while you still have time? [Read more...]

The Power of Proofing in Personal and Professional Communications

When I was in college I took a journalism course called Editing. The key nuance of the class was that your grade on any writing assignment weighed heavily on how error-free your work was. For ever misspelled word or grammatical error, you lost 25% of your score. This is the true point in my life when I decided it made no sense to write anything at all that was overtly incorrect in any manner. I’m not one of those people that write personal emails to family and friends and don’t even take the time to press the “shift” key to make a capital letter at the start of the sentence. These people kill me. I mean what does it say about you as a person if you are that lazy that you can’t even properly express yourself in the written form? The same thing goes for incomplete sentences and missing punctuation like a period. [Read more...]

The Elements Of An Effective Marketing Plan

I believe one of the single most critical components to any comprehensive business plan is the Marketing section. I mean, regardless of how great your product or service is, no one will buy it if you can’t effectively target and reach your prospective customer base.

In my many years of PR and Marketing Communications, I have developed countless Marketing Plans for businesses of all types, sizes and at different stages of growth – from the fresh start-up to the established bellwether that is launching a new campaign. From these experiences, I have learned that a carefully researched, planned and executing Marketing strategy is imperative to the success of any business. [Read more...]