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March 2010 | Vol.
#12 |
WhatÕs Love Got to Do With It?
The oft
quoted Confucius once said ÒWheresoever you go, go with all your heart.Ó
Unfortunately, some business leaders IÕve run into must not have been exposed
to Confucius. All too often business transactions become mechanical and
complex and the joy and passion for customer connections are lost in cumbersome
systems and a pre-occupation with productivity.
As we come
out of February, a month noted for hearts, love and ValentineÕs Day in the
United States, many companies have started to champion a message of hope, joy,
and enthusiasm. After a rather austere and somber 2009, it is a refreshing
change. A classic example of this emotional expression can be found in the
brand presentation of BMW.
In a
recent article for the Wall Street Journal, Thom Forbes writes, ÒBMW, which has
long promoted the power and performance of its cars with auto-focused ads and
its Ôultimate driving machineÕ tagline, is shifting into a new gear with a
campaign that highlights the joy of owning its vehicles....The campaign also
features photos of actual BMW owners more than product shots.Ó Jack
Pitney, vp of marketing for BMW North America shares, "We hope to really
add some humanity to our brand and show the diversity of buyers.Ó In one
advertisement entitled "Joy is BMW," the text reads: ÒAt BMW we don't
make cars. We make joy.Ó
Madelyn
Hochstein, president of DYG, a market-research firm that works with BMW, notes
ÒPeople now want to lead a richer life, rather than a life of riches.Ó
Thom concludes his article with a message IÕve championed long before consumer
confidence was an issue. He notes,
ÒIt's important to clarify that leaders communicating a hope-based message do
not see hope as a ÔstrategyÕ but instead are leveraging the talents and
passions of their people to create solutions for frightened consumers by
inspiring them to look to a positive future.Ó
As a
leader, are you sharing ÒhopeÓ and, yes, even ÒloveÓ to leverage the talents
and passions of your people to create solutions for your customers and inspire
them to a positive future?
Did
you Know?
According
to Motorola, 51% of shoppers overall and 64%
from the 18-to-34 age group used their mobile phones for in-store
shopping-related activities during the 2009 holiday season. This included
comparing prices, finding user reviews and making a purchase via mobile.
or that
According
to a Forrester study, 43% of consumers switch channels during the shopping process
and as people move between channels – online, offline, and mobile –
they have a 45-50% chance of changing the retailer they will end up purchasing
from.
Given
continuing trends challenging Òbrand loyalty,Ó I am on the cusp of announcing
two very exciting offerings. One
involves a pending book agreement for an amazing company that excels in forging
customer evangelists and another is a service business that I am partnering on
to strengthen WOWful Connections with customers. YouÕll find more on both
in the next newsletter.

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