Skip to main content

Marketing the Small Business

Size does matter. Size of advertising expenditure, size of air time, size of budget, size of the newspaper ad, size of the celeb endorsing your product and the size of stupidity. Size does matter.
But fortunately a small business does not suffer from the stupidity this big. They can do it by being small, by being smart.“It's not the size of the dog in the fight, it's the size of the fight in the dog.
 Mark Twain's famous quote applies for those small businesses who think its impossible to compete with the giants. Media is free today. Managers at reputed B-schools study brand management. They've forgotten Tribe Management. They suit up  to please their boss, follow the corporate rules. You on the other hand have the power of community development. You are small and will promise what you'll give. There will be little inter department miscommunication, your customer service center won't be in another country and you'll reach your clients faster and fulfill their needs personally. They'll join your community, they'll join your tribe. Seth Godin (2008) writes 
Brand management is so 1999. Brand management was top down, internally focused, political and money based. It involved an MBA managing the brand, the ads, the shelf space, etc. The MBA argued with product development and manufacturing to get decent stuff, and with the CFO to get more cash to spend on ads.
This Christmas while the big businesses are matching their sales figures its time to forge new connections. As they work on their laptops looking at those red-green graphs and bar charts you can enjoy it building your tribe. The big dogs are generally too big for building a tribe. Its the smaller ones that make a successful gang.

Popular posts from this blog

Giving the finger to a scripted life!

It's crazy to take jobs just because they look good on your resume. That's like saving sex for your old age. ~ Warren Buffet. You have plans for your life, career etc. You've built an entire script but what is this based on? Scott at Ted talks about how almost 80% of the people around the world don't like the job they do. In his career, he found one day that most of the job he did was automated by his competitors. Building the resume was clearly not way forward. It was during that time he he heard the quote by warren buffet, " It's crazy to take jobs just because they look good on your resume. That's like saving sex for your old age ". This was when he left his job. While there are know universities, which talk about finding your passion, Scott talks about a lens that can help in finding the job we love.

Twitter and the world of hate - Delhi Gang Rape

Common wisdom says that venting out reduces frustration. Twitter, Facebook, and blogs help us achieve the same. While what normally starts as a "venting out" experience, I suspect is turning out to be an anguish enhancer. When I look at trending topics on twitter all what I see is a world of "Hate". Small pieces of hate messages turn out to be a big collective bunch of hate. Take the case of Delhi gang rape and some ill-minded comments of politicians and spiritual gurus. What started as scattered bickering remarks against a comment made by "Asaram" has now become a full fledged ball of rage. This rage was "non-directional", had no agenda and was oriented towards sarcasm and wit. While Delhi gang rape highlights poor governance, societal problems and problems of law and order, venting out on a forum that accumulates the frustration by many such people only adds to the low well-being. It is time we use some discretion and post messages that...

Twitter vs. News - Effectiveness in building relations

Social Media has been termed as an effective way to build relationships. Brands are trying to harness this capability by building social presence on this new media. Celebrities today account for the maximum amount of followers on the web with twitter being a fine example for this. But is this new media effective in creating relationships with this vast list of followers, which celebrities often tend to have? In an interesting research by Lee and Jang , they explore the effectiveness of celebrities in building social presence on new media. They compare twitter and a news website to check the relative effectiveness of enhancing social presence. While the traditional PR machinery used by celebrities might give them news coverage, they contend that their tweets can reduce the barrier of relational development as compared to a news website. Their findings are counter-intuitive and very interesting.