Archives for the month of: April, 2012

“Impactiviti is the eHarmony of pharmaceutical vendor selection.”

It took me 18 months to come up with the key analogy to explain my pharma consulting practice, but I’ve gotten more mileage out of that one statement than anything else I’ve used for marketing Impactiviti (my client-vendor “matchmaking” consultancy for pharmaceutical sales/training/marketing).

Why is an analogy so important? Because we all need a shortcut into the understanding and memory of our attention-overloaded prospective customers. And the analogy – appealing to something already understood in order to bridge a gap to something new – is the most powerful mechanism imaginable to spark recognition and recall.

You’re at a cocktail party, and someone asks what you do. “I’m a corporate content development specialist for a healthcare company.” STOP!!! See those eyes glaze over? Has comprehension occurred in that person’s mind? No – because you’ve not bridged the gap. And, perhaps, just as important – will that person be able to refer someone they meet the next day to you?

Rewind. Your answer this time? “My company helps people with rare diseases. I’m like an internal reporter – I get to tell people how we do it!” Boom!

Note the following:

  • Your company is now a lot more interesting, and probably will provoke a follow-up question or three.
  • Your role is now clear – you’re a reporter (but on the inside).
  • YOU are more interesting, because your role has an aspirational and positive element, not merely a technical description. And the listener gets it, immediately.

See how powerful a simple and vivid analogy is? And, the next day, when this person bumps into the CEO of another company that they know from the gym, who happens to be complaining about how ineffective their internal marketing is…guess who comes to mind?

eBay caught on very quickly, in part, because it was just like one big virtual yard sale. People could “get” that. If you attach your company and offering to something pre-existing, common, and positive, you save yourself a ton of grief trying to force comprehension through a blizzard of terms and bullet points.

This is the most challenging deliverable in a Clarity Therapy session. First, we map out your professional DNA by digging into your (personal or company) history, competencies, and aspirations. Then we settle on the core offering, the key message, and the compelling story. Finally, we cap it off with a memorable analogy, and you’re ready with a clear and unforgettable go-to-market approach. In a world swirling with information and noise, only the crystal clear will stand out. That should be you!

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Hire Steve Woodruff for Clarity Therapy

Recent posts:

>> Clarity, part 1: What’s Your Offering?

>> Clarity, part 2: Make Your Message Clear

>> Clarity, part 3: People Buy Stories

>> Clarity, part 4: Your Clarifying Analogy (above)

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Recently, I was sitting through a capabilities overview from an agency in my pharma network, and it was filled with all the usual elements – we do this, we do that, customer logos, etc., etc. There was actually one potentially distinguishing message buried in there, which was encouraging; but then, toward the end, mention was made that the company has been in business for 20+ years.

And…it was left at that. The ball was teed up, but the 3-wood remained in the golf bag. There was the chance to tell a story – the company story – and it was missed. Any company in business that long has a lot of success, a interesting pathway of evolution, and a great way to build a bridge with the listener by using corporate history to be memorable.

Some years ago, I was evaluating a training company’s marketing and website, and was seeing all the typical verbiage and bullet points – just like everyone else, we do this and this and this. But buried in the web copy was a key point – one of the principals of the company had long experience on the pharma client side of the fence. I told them that their story was the distinguishing message: “We’ve walked in your shoes.” Most of the competitor companies did not have that same story.

When people are evaluating potential providers, one of the distinguishing elements that they subconsciously want to know is the story – why you exist, how you got to where you are now, how you’ve succeeded and evolved. This isn’t just customer case studies – it’s your profile, neatly wrapped with a bow of purpose and progress. People forget bullet points. They remember compelling stories.

There is a story behind my business practice of Clarity Therapy: it is an “accidental” business. I was helping partner companies figure out their professional DNA and message for years as part of my pharma client-vendor matchmaking service (Impactiviti), and I finally came to realize that this analytical ability was a unique skill that met a vast market need. To lead people and companies to an epiphany of their identity in a few hours time? How valuable is that? Yet it came about organically, not as part of pre-planned strategy.

Three entrepreneurs whom I deeply respect (Anthony Iannarino, Lisa Petrilli, Greg Hartle) all have great business stories that happen to be woven in to remarkable medical histories. Carrie Wilkerson (The Barefoot Executive) masterfully weaves her life story into her constant “you can do it, too!” entrepreneurial message. The winner of this year’s Master’s golf tournament, Bubba Watson (pictured above – emotion is a powerful element, no?) has a wonderful story – he’s never taken a golf lesson, but just does what he does as a self-taught athlete.

Apple, Dell, the 3-M Post-it Note, WD-40 – all have memorable stories behind them. And we like to buy into something bigger than ourselves, something that transcends the ordinary, something that is a non-commodity.

Do you have a personal or corporate story? You do – but you may be so close to it, you may take it so much for granted that you haven’t teased it out. It’s one of the first things I do when I sit down with a client to help them get clear about their message – I pull out the story and help them see it.

Yes, people buy what you’re offering. But they also buy the story behind it. Don’t deprive them (and yourself!) of one of your most powerful marketing tools!

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Hire Steve Woodruff for Clarity Therapy

Recent posts:

>> Clarity, part 1: What’s Your Offering?

>> Clarity, part 2: Make Your Message Clear

>> Clarity, part 3: People Buy Stories (above)

>> Clarity, part 4: Your Clarifying Analogy

For any company or consultant, the first task if to gain clarity on the key value they bring to the market. Once you’re clear on your offering (part 1), the next step is to define and distill a core message – in my Clarity Therapy process, I help create something that is 10 words or less. The goal is to be able to impart your key message before the elevator door even closes (think elevator phrase, not elevator speech!)

When I summarize my client-vendor referral business (Impactiviti), I tell people that I have a win-win business: bringing great clients and top vendor-partners together (I often follow that by saying “Impactiviti is the eHarmony of pharma marketing and training” – but that’s the analogy, which we’ll cover in part 4).

People have a very limited memory space, and lots of distractions. That’s why you need a message that is concise, compelling, and sticky. And, critically important: TRANSFERABLE. Every person who hears and absorbs your message is a potential source of referrals.

I recently had a delightful coffee with a successful business professional in Connecticut, George Bradt. I remarked how much I liked the summary message describing what he writes in his Forbes columns:

As we talked about branding and organizational DNA, he proceeded to give a very concise summary of his company‘s well-defined offering, its clear message, the background story (that’s part 3 in this series), and 2 fabulous analogies. I was impressed. Very rarely have I sat down with someone that had such clarity about their business identity (if you plan to on-board a high-level executive and want to increase your chances of success – call George!)

So, picture yourself bumping into a prospective customer at a trade show, just minutes before the next session starts. After introductions, she says, “I recall seeing your name before, but what is it that you do?” Can you, in one sentence, give her the distilled essence, in such a way that she’ll still remember it after the session – and, be able to tell her friend over lunch about you in 10 words or less?

All the time and effort we spend on our marketing materials, websites, pitch decks, and industry events – is it well-spent if we do not have, embedded in all of it, a very clear and memorable message that cuts through all the marketplace noise and clutter?

Try to come up with this message (it’s a lot harder than you think!). We often have trouble seeing our own offerings/message clearly because “You can’t read the label of the jar you’re in.” But once you take the step of getting a clear message, it is immensely liberating, even confidence-building. You, your employees, your customers, and your bottom line will be glad you did!

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Hire Steve Woodruff for Clarity Therapy

Recent posts:

>> Clarity, part 1: What’s Your Offering?

>> Clarity, part 2: Make Your Message Clear (above)

>> Clarity, part 3: People Buy Stories

>> Clarity, part 4: Your Clarifying Analogy

Last week, I sat down to enjoy dinner with about 15 people, none of whom I had met face-to-face before (on-line connections with some of them). Which means that you begin to ask the standard get-to-know-you questions.

On this occasion, I did not have the following exchange (thankfully!) – but you’ve been there, right?

“So, what does your company do?”

“Glad you asked! We have a whole suite of enterprise human performance development resource platforms, addressing everything from talent identification, people management, on-line training, payroll obfuscation optimization, restroom supply chain aggregation, Pony Express scheduling, and cupcakes. How about you?”

Now, I don’t know about you, but for me, this kind of exchange sheds more darkness than light! Maybe you’re a great person, and maybe you offer something of genuine value, but you’re firing so many bullet points at me that I have to put on a Kevlar vest.

And tomorrow, when someone asks me, “Hey, do you know someone who can help me with such-and-such?” – do you think this new contact is going to be even a blip on my radar screen? No. Because the offering is not clear.

That’s the first thing we uncover during a Clarity Therapy session – What’s your key offering? It’s one of the Core Four elements we uncover in determining your professional DNA and message.

It’s always amazing to me how poorly-defined a company’s offering can be – it’s as if we don’t want to miss out on any potential revenue, so we say we do 10 things, when in fact only one or two of those things are truly aligned with our strengths and our desired goals. Which makes us….forgettable.

If you do everything, then in the mind of potential customers and network-referrers, you do….nothing. You have no memory hook, nothing distinguishing. You disappear into the mist.

What does Starbucks do? Coffee. Everything else they offer is secondary, planets revolving around the caffeinated sun. What does a small company like Vosges Chocolate do? Chocolate! What do they not do? Everything else.

So, before coming up with a marketing message or an advertising campaign, I urge my clients to take a deep breath and walk with me through the process of clearing the fog and getting a clear view of their DNA. Once we know what you really do well, what your greatest value is to potential customers, then we can proceed to your go-to-market message. Marketing without a clear identity is like attempting target practice with a shotgun – lots of noise, but nothing hitting the bulls-eye.

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Hire Steve Woodruff for Clarity Therapy

Recent posts:

>> Clarity, part 1: What’s Your Offering? (above)

>> Clarity, part 2: Make Your Message Clear

>> Clarity, part 3: People Buy Stories

>> Clarity, part 4: Your Clarifying Analogy