Friday, October 23, 2009

Where's your focus ?

You're driving your vehicle down to your favorite spot at the beach to "clear your head" and get some sorely needed fresh air.

What are you looking at ?? The steering wheel, speedo, hood ornament or are you carefully focused on the road itself about a mile out?

The analogy is obvious - any focus other than way down the road will spell disaster. Aren't our businesses just like that ?

If we don't keep a long term perspective, the "events" of the day may well bring destruction to our well crafted business plan. Short term bumps in the road have a great way of making our "end game" very cloudy.

KEEP a sharp eye on what's important today, but NEVER, EVER lose sight of the big picture, the long view.

Monday, October 5, 2009

Are there any customers out there ???

There are three types of customers in today's marketplace:
1. The first group is "frozen." I call them tramatized - they're still in denial over the challenges. Quite simply, they're NOT spending money. The more discretionary your product is, the larger this group will be.

2. The "vast middle" - probably the largest group of consumers are, to be sure, IN PAIN, yet spending money. Not nearly at the same levels & LOOKING FOR BARGAINS, but still spending.

3. The "well-off'ers" - Top 5% who continue to spend at pre-recession levels, more selectively, but still spending.

DETERMINE who's your customer, make a COMPELLING OFFER to motivate....
and communicate that message efficiently.

Customers are out there, but they're wanting strong reasons to be separated from their money. Give 'em GREAT VALUE and they'll come running.

Wanna bounce an idea off Fred ?? Call 310-991-7098