I work with a lot of start ups and small companies and often I get asked for the quick fix: "We just need to find the right blogger", "we just need to get mentioned in NYTimes", "we should be on Facebook", "we just need a Rolodex for referrals to get our first customers". Well, this might work, but it is neither a sustainable nor repeatable strategy to launch and grow a business. Actually, it is like playing the lottery, you might win, but most likely you won’t.Every business is different and a key part of launching/growing your business is to find what works and develop a scalable model - and it all starts with asking the right questions. When I sit with my clients, they are very appreciative about the questions I ask:
- Audience: Do you really understand your audience? Their needs and behavior? Their daily challenges?
- Value: How do your products/services address those needs and solve the challenges? What value do they provide? (not features!)
- Objectives: What are your business objectives - in numbers? Can you actually measure those? (Note: You can only manage what you measure!)
- Strategy: What’s your (go-to-market) marketing strategy? Is it aligned with your business objectives? Is the whole team aligned around this strategy?
- Story: Do you have a compelling story that sells? Why should customers buy your offering versus the competition? What’s your elevator pitch?
- Plan: Do you have a plan in place to execute your strategy? Is it aligned with your business strategy? Does your team know and understand the plan? Is it realistic based on your available resources?
- Success metrics: How to do you measure success? What are the key metrics that drive your business? Do you know them on top of your head?
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