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Strategic Discipline Blog

You Can Achieve Similar Success – David Meerman Scott - New Orleans ScaleUp Summit

Posted by Douglas A Wick on Mon, Jun 11, 2018

scaleup-blueWhat’s wrong with your business to business marketing?

B to B marketing biggest problem is you’re talking too much about your product/service.  You don’t understand your buyer.

My notes on David Meerman Scott and the accompanying PowerPoint he shared at the New Orleans ScaleUp Summit provide an overwhelming case for how to master the New Marketing in our world today. Scott shared examples to illustrate how a 9 year old boy and even a startup business with no budget for outside media can grow to $10M+ in revenue.David Meerman Scott 13 Slides from NOLA Scale Up Summit0002

You Can Achieve Similar Success!

How people buy has changed.

David Meerman Scott 13 Slides from NOLA Scale Up Summit0003

Media is in your pocket.

David Meerman Scott 13 Slides from NOLA Scale Up Summit0004


Cultivate Fans

You need to align your marketing with how people buy!

Here are two significant elements Meerman Scott offered in his presentation: How to Cultivate Fans, what Zones of Influence are and what you need to do to take advantage of both.

David Meerman Scott 13 Slides from NOLA Scale Up Summit0005Almost all of us are fans of something.

Criteria for Fandom involves:

  • Something you are incredibly passionate about.
  • It Makes you extremely happy
  • You are Eager to replicate
  • You devote a significant amount of time and/or money to buy it.

David Meerman Scott 13 Slides from NOLA Scale Up Summit0006At the ScaleUp Summit tables, we were asked to consider how many important fandoms we had.

Once we’d listed these Scott asked:

Do you have one fandom you are most passionate about?  When did you start?

Here’s a portion of my list, Self-Growth/Personal Development, Reading, Writing, Green Bay Packers, Milwaukee Brewers.

I can recall starting my fandom with the Green Bay Packers when I was 5 or 6.  My older brother got me to love the Packers.

Harley Davidson fans get tattoos. We’ve all seen what fans do it concerts, sports events.

My Packer fandom goes all the way to owning a worthless piece of stock for $100 so I can frame it and have it in my bar!

David Meerman Scott 13 Slides from NOLA Scale Up Summit0008Neuroscience of Fandom – Zones of Influence.

The closer you get to someone the more powerful the emotions are. 

Scott shared the zones of influence in this chart.  

David Meerman Scott 13 Slides from NOLA Scale Up Summit0009How can this impact your business?

When you are able to get into the social or personal space of your customer, they naturally become more loyal.

Josh’s Rainbow EggsDavid Meerman Scott 13 Slides from NOLA Scale Up Summit0010

Check out Josh’s Rainbow eggs, http://www.joshsrainboweggs.com.au/ or https://www.facebook.com/joshsrainboweggs/ This story in the Herald Sun, The successful tale of a good egg, will give you the background on his a nine-year old boy’s ability to use Zones of Influence to capture the hearts and minds of egg consumers in Australia.

The picture here from Scott’s presentation shares Josh’s progress in creating fans by getting to social, personal and even intimate Zone of Influence.

David Meerman Scott 13 Slides from NOLA Scale Up Summit0011Selfies are an example of how to get your customers into intimate space with your product or service.  Can you create a contest to have customers take a selfie with your product/service.  When you do you trigger mirror neurons and just as importantly achieve the intimate Zone of Influence.

You can create proximity through sound as well.  Just think of the power from the music for Jaws. 

David Meerman Scott’s message in his presentation is here’s what others have done. You can achieve similar success. More important I can Achieve Similar Success.

David Meerman Scott 13 Slides from NOLA Scale Up Summit0013We’ll share more examples in future blogs including a story of Matt Risinger, a builder who moved to Colorado, started a construction business, and through just YouTube videos grew to $20 M in revenue.  His YouTube videos are so popular he sells sponsorships to his vendors.

Growth demands Strategic Discipline.

Positioning Systems helps your business grow through the Four Decisions: People, Strategy, Execution, Cash.  We’ll help your business achieve Execution Excellence.

Each of the Four Decisions Produces a specific outcome. In our coaching process, we repeat examples and the definitions  of the Four Decisions frequently to make sure our customers remember the value and result each decision produces for your business.

FOUR DECISIONS

DECISION

RESULT/OUTCOME

PEOPLE

HARMONIOUS CULTURE OF ACCOUNTABILITY

STRATEGY

TOP LINE REVENUE GROWTH

EXECUTION

PROFIT

CASH

OXYGEN OR OPTIONS

If you’re business is failing to achieve industry leading results in any of these areas, that Decision should be your One Thing. Is it Marketing? Are you failing to cultivate fans and get close enough to your customers and prospects to build loyalty?

Positioning Systems helps mid-sized ($5M - $250M) business Scale-UP. We align your business to focus on Your One Thing!  To achieve growth, you need to evolve in today’s rapidly changing economic environment.  Are you avoiding a conversation with yourself on how to can successfully grow your business? Contact dwick@positioningsystems.com to Scale Up your business! Take our Four Decisions Needs Assessment to discover how your business measures against other Scaled Up companies. We’ll contact you.

Linda_McMahon_official_photoNext Blog – Secrets of the SBA, Linda McMahon

Linda McMahon and her husband started the World Wrestling Enterprise. She is very familiar with the struggles of starting and maintaining a small business. She and the presenter before her provided some secrets to the Small Business Association, and how she’s transformed the organization as Administrator.

Topics: Marketing, David Meerman Scott, Social Media, Strategy Decision, ScaleUp Summit Learning, ScaleUp Summit New Orleans 2018

Challenges of Scaling Up a Business 

 

STRATEGIC DISCIPLINE 
ACHIEVES
EXECUTION EXCELLENCE
HERE'S HOW

 

 HOW DOES YOUR BUSINESS RANK ON THE FOUR DECISIONS?

 FIND OUT CLICK HERE TO TAKE THE FOUR DECISIONS NEEDS ASSESSMENT 

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Positioning Systems Brand Promise

1. Priorities: Determine your #1 Priority. Achieve measurable progress in 90 days.

2. Metrics: Develop measurable Key Performance Indicators. 

3. Meetings: Establish effective meeting rhythms. (Cadence of Accountability)  Compounding the value of your priority and metrics. 

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Doug Wick, President

Positioning Systems

 

The Strategic Discipline Blog focuses on midsize business owners with a ravenous appetite to improve his or her leadership skills and business results.

Our 3 disciplines include:

- Priorities
- Metrics
- Meeting Rhythms

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