Earlier this week I offered an article written by Paul Segreto which focused on ways to overcome your fears of business failure and not let them paralyze you to inaction. Today I thought we would explore business failure from another perspective – those business owners who choose to believe that they have all the answers, that the customer should learn to properly appreciate them instead of the other way around, and that their business is so successful that it’s not possible for anything to cause its’ failure. Do you know any of these business owners? Have you worked for any of them? How many businesses do you know that are (or were) successful until the owner’s ego got in the way?
For those of you who can relate to these questions and are right now thinking of a certain business that you are currently aware of (or one that used to exist), you are likely to enjoy the irony of the article I read in a recent issue of the MarketingProfs newsletter; the article was entitled, “Five Ways to Fail at Attracting and Retaining Customers in 2009″. This article takes a sarcastic approach to trying to help you understand the actions you need to take to insure that your business continues to grow and achieve success. I know as I read it I was reminded of several companies in my history that could have been case studies for the article. Read for yourself in the article below, and see how many companies you know that could use this reminder – hopefully you’re not one of them!
Five Ways to Fail at Attracting and Retaining Customers in 2009
by Michael DiFrisco
Want to really impress your boss, your board, your employees, or your mom? Want to drive your customers to the competition? Then simply fall flat on your face in your attempt to get your business to stand for something in the marketplace in 2009. That will really make an impact—and fill you with warm fuzzy feelings of non-accomplishment.
So, if you’re ready to fail, buckle your seatbelt and engage the air bag, because we’re getting ready to crash and burn.
First, ignore what your current customers and supporters are saying
Go with your gut and forget what the feedback says. Customers don’t understand or appreciate one of your offerings? Too bad. They’re just going to have to live with it.
And prospective customers? You’re sure to turn them away with your demonstrated lack of caring and understanding of real customer needs and wants.
Next, have apathy about your brand and your business
To ensure failure, show indifference and lazy attitudes about your business—and your brand—and you’ll be well on your way. Because when you don’t love your brand, what it stands for, and why it matter… others will begin to feel the same way.
In fact, for quicker results, proactively share your negativity with your customers and prospects through your inconsistent messaging, customer disservice, and irrelevance in the marketplace.
There’s a now-apocryphal story of Quaker’s acquisition of Snapple. You might remember when the Snapple brand was super-popular, its commercials were edgy and memorable, and the grassroots owners were clinging to a shooting star.
After Quaker bought the brand, it stopped listening to consumer feedback, the commercials got dull and predictable, and Quaker started using Gatorade-like distribution and packaging methods, all of which flew in the face of the established promises of the once-humble brand.
That episode has been described as a classic case of brand managers’ simply not loving the brand they were entrusted to steward. After having invested billions, Quaker ended up spinning off Snapple at a huge loss.
Then, crank in some pessimism
This is where it gets fun, which is important because managing your company’s brand is complex and multifaceted. In other words, it’s an ongoing, demanding series of tasks. You’ll have to stay on top of consistent messaging, unwavering voice and tone, and dozens of other intricate parameters. It’ll never work, so get used to the idea.
Hope you have a short-term perspective—you’ll need it to fail
Building a successful brand takes time. But we’ll have none of that. We’re driving down the dead-end road to guaranteed failure, so a short-term perspective will be just fine, thank you.
Forget the fact that change takes time to “take,” and that brands are continually evolving. Not only that, but target markets transform, audiences age, and their needs vary. But a short-term perspective will work just fine. Move on to the next thing before you grow stale.
Finally, stay inside the box
Don’t forge a new path. Copy what your competition is doing. Differentiation? Overrated. Developing creative solutions to brand strategy and tactics is a colossal waste of time. Don’t get prospects attention by leveraging creativity. Blend in. Conform and be dull.
It’s been said that dictators often see creativity as a subversive activity because it leads to knowledge—possibly the most revolutionary insight of all.
Stay inside the box and you’ll join the ranks of the world’s dullards.
My apologies if this article was a little rough. I’ll just do what some teachers—who believe the term “fail” is too harsh for impressionable students—have begun doing. They’ve come to embrace the term “deferred success.”
So follow the myopic advice in this article, and you’ll be sure to defer success in 2009.
Michael DiFrisco , founder of How-to-Branding.com, is the “affordable branding guy” and can be reached at email@example.com.