Helping Start-ups Tell Their Story
August 3, 2010 by Mike Troiano · View Comments
MassChallenge is a great program to encourage the development of start-ups in Massachusetts, and we’ve been involved with it from the beginning. A couple of weeks ago they asked us to pull together some kind of workshop to help contestants tell their stories more effectively, and we’re going to start the two-week program today.
A start-up is a kind of passionate hypothesis, put forward by true believers with the conviction to work long hours in service to a vision. Entrepreneurship, for me anyway, is the process of corrupting that vision with the external reality… adjusting it to the inevitable successes and failures along the way, sometimes ending up in a place very different from the one you set out for.
Because of this, selling is the most important thing a start-up does. Selling grounds you in reality, shapes your vision, and — in the best case — extends your runway. Unlike marketing, selling adapts in real time. Every sales meeting should end with reflection on what worked and what didn’t in your story, evolving your pitch deck the way a stand-up comedian refines his material.
There’s a turning point in the life of most successful start-ups, though, where the rate of this iteration drops sharply. It’s the point at which you “find the button,” meaning you begin to get confirmation from the market that you are indeed solving a problem the world will pay you to solve.
It’s at that point your marketing needs to grow up. You need the courage to dump the cluttered, clumsy, and uncommitted appeals that have given you the flexibility you needed in the first phase. You need to adopt the clear, compelling, and concise messaging you’ll need to be successful in the next one.
Our One Simple Thing™ offering is all about helping brands achieve this clarity of message. Here’s how I’m going to explain it to the MassChallenge finalists today…
The Importance of Brand Clarity
July 30, 2010 by Mike Troiano · View Comments
An actual client talks about the impact of our One Simple Thing™ approach to distilling a brand down to an idea regular human beings can hold in their heads:
The project was delivered by our partner Mark Edwards, with great skill and insight. Bravo, Mark.
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Summer Outing 2010
July 25, 2010 by Mike Troiano · View Comments
Our annual Summer Outing was last Friday, and a great time was had by all.
It a was a beach party in Truro, MA, and despite the rain that canceled our closing bonfire, we managed to make limoncello from the weather lemon.
A few highlights…
Thanks to those that made it happen, especially Amanda and Jon!
“We make brands imperative.”
July 20, 2010 by Mike Troiano · View Comments
Work on our new Web site about to begin in earnest, centered on bringing the approach that’s come into focus over the last few months to the Web.
Starts with a clear statement of what we do, thought I’d bounce a draft off you folks and get some feedback. Here’s what we have so far:
Holland-Mark is a marketing services firm focused on making brands “imperative.”
We believe that consumer and business-to-business buying habits have changed permanently in the aftermath of the Great Recession. Where people once bought what was “interesting,” today they buy only what is “imperative;” what they truly feel they need or expect a return on investment from.
While advertising can make products “interesting,” marketing communications alone cannot make a brand “imperative.” Imperative brands have four attributes in common:
- Relevance of Offering – A product aligned with the evolving true needs of its target audience.
- Clarity of Message – A truthful, relevant, motivating and distinct statement of its core value proposition.
- Consistency of Communication – Reinforcement of the above at every point of contact with the brand.
- Driving of Engagement – An ongoing, mutually beneficial relationship between the brand and its primary external constituencies.
These requirements correspond with Holland-Mark’s four core offerings:
Sync™ – A management consulting offering which shapes a product or service experience to align more closely with the right market opportunity
One Simple Thing (OST)™ – A brand strategy offering which distills messaging down to a singular thought which is true, relevant, motivating and distinct
Every Point of Content (EPOC)™ – An audit of the 360° experience of a brand to ensure consistent alignment with OST™
Content Hub – A social marketing program which enables client organizations to engage effectively across social media channels.
So what do you think? Do you get that? Would you pay for it?
How To Sell
July 15, 2010 by Mike Troiano · View Comments
Having a chat with my team tomorrow morning about the most important but under-appreciated skill in business: Selling.
I graduated from Cornell with a degree in advertising, and promptly leveraged my Ivy League credentials into 28 rejection letters from the best agencies in Boston and New York. (I still have them all. Bastards.) My dad convinced me at a truly low point in my life that a marketing guy “who could actually sell something” would be something of a novelty, so I shouldered my pride and took a job selling kitchen knives door-to-door.
I learned more about sales and marketing that summer — knocking on doors and selling knives across kitchen tables — than I ever did in college. When I did land that first gig in New York, a big part of the reason was that very story.
25 years on I’ve graduated to selling things across conference room tables, but little else has changed. Here are the five best pieces of advice I have for people who need to do the same.
1. Invest in Relationships.
Chris always says agency new business leads come from three sources: Breakfasts, Lunches, and Dinners. He’s got a point.
How many new people did you meet this week? How many cards did you collect at the events you attended? How many acquaintances did you check in with, just to say hello? That guy who e-mailed you looking for a job… did you offer to have coffee with him? If not, you should have. When he gets one — and he will — I promise he’ll remember you.
People who sell do all of these things, and the very best do them with genuine altruism and a desire to help others. In the end your ability to surface opportunities is a straight-line function of the number of people who are thinking about you this week, and job one is to make that happen among as large a group as possible, week in and week out.
2. Look for Problems, not Opportunities.
It’s rare to “find” opportunities. Fact is, most opportunities are made, by people who are very good at uncovering problems.
So look for problems. Walk in other people’s shoes. Make their problem yours, and really apply yourself to the problems best suited to your unique talents and experience. It may take some time, but good things will happen. Trust me.
3. Get the First Meeting Right.
The only “sales meeting” you really have is the first meeting. You have five objectives in this meeting, in this order:
- Establish warmth – Demonstrate you’re not a dick. To do this, it helps not to be a dick.
- Establish competence – The first question on the table in every meeting is “Why should I listen to you?” Bring some content to the dance: a slide or better yet a story that shows you to be someone worthy of attention in your prospect’s busy schedule.
- Find and confirm pain – “Pain” is what sales guys call The Problem, as it is perceived by the prospect. Have you asked what the problem is, exactly? Can you restate it, in a way that makes them go, “Yes, exactly!” If not, slide after slide about how great you are wastes everyone’s time.
- Gather inputs for buying vision – “Buying Vision” is what sales guys call the mental picture of what your customer wants to buy. This inevitably will be different in small but important ways from what you want to sell. Closing that gap is what sales is all about.
- Get a concrete next step – Finally, leave with an action item. I hate when people come back from a pitch meeting and talk about what a “great meeting” it was. What’s the next step, Ziglar? If there’s not a clear one, it was most definitely NOT a great meeting.
4. Close.
I’m not talking about high pressure tactics here, I’m talking about following up to see where things are. Ask for the business. Show in your words and more importantly through the sustained intensity of your interest that you want the gig. If you don’t do that, you don’t want it, and nobody gives their business to someone who’s disinterested in it.
5. Deliver.
Finally, you need to deliver the goods. It’s a small world, and everyone that matters in it is on LinkedIn. Deliver on your promises and do right by people, and one day you’ll turn around and be someone worthy of trust.
And there is no more useful sales tool than that.
That’s all there is to it, folks. Now get out there, and shake it.
Bryant University: The One
July 1, 2010 by Mike Troiano · View Comments
We created this video to communicate Bryant University’s One Simple Thing™: “The One”
“The One” represents Bryant’s unique commitment to unite the best of both the liberal arts and business education into a single collegiate experience. It’s the essence of what sets them apart, and the basis for a sweeping brand makeover we’ve been happy to play a part in.
Anyway here it is, let us know what you think…







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