Posts tagged ‘trust’

The Problem With Lists

A very worthwhile post on Marketing Sherpa about third party lists appeared recently. Adam T. Sutton rightly points out that most business rely heavily on them, and shouldn’t. He also reiterates Brad Bortone’s wise words:

…effective email marketing is based on relationships. These relationships hinge on expectations, promises, and trust.

In truth, third party email lists are a piece of the puzzle, and they’re sometimes appropriate. But the core of marketing is establishing trusted relationships. Which is why, most of the time, you’re better off investing in your own database.Domesday Book

When you do use a third party list, the hardest nut to crack is profiling. A lot of marketers profile based on description (“he’s an engineer, works for a 8 billion dollar company”). Instead, you need to profile their persona – find out the problem they want to solve. Knowing their company’s annual revenue won’t get you closer to a sale.

With the right persona, you can gradually increase the relevance of your communications to the people on the third party lists, until they begin to trust you.

Until then, they’re just another name on a list.

June 20, 2011 at 7:07 AM Leave a comment

Referrals in One Easy Lesson

Yesterday’s Duct Tape Marketing Blog had the results of a reader’s poll. John Jantsch’s observation on referrals:

What’s the number one consideration you make when giving a referral?

I had a list of 5-6 answers for people to choose from but “I trust they will do a good job” came in with 66% and “they provided me with a great experience” gobbled up the rest. Trust is always the most significant factor in a person’s willingness to refer, but a great experience is what gets them talking – you’ve got to have both.

Says it all. Build trust, and provide a great experience!

May 13, 2010 at 7:05 AM Leave a comment

Ulterior Motives

A recent post on Social Media Explorer grapples with the issue of intention. If markets are conversations, how do you converse honestly with someone when your ulterior motive is to make a sale?

Jason Falls’s concern illuminates the problem with our short-term business ethos. Companies are under pressure to boost their stock prices and sales figures each quarter. Individuals are driven by the same short-term intention. The relationships that result are all started for the purpose of short-term gain, with the single transaction the only justification for participation.

Dilbert.com

Little wonder people are turned off. They’re not dumb. But then Jason asks:

If we act, though, not as marketers, but as members of the community, network or environment in which we’re participating with the audience, do we chip away at that mistrust?

The answer is yes. In fact, companies can and should not just be participants, but facilitators in a community. To name just three, Intel, Adobe and National Semiconductor are known for hosting vibrant online support communities. By enabling continual discussions not just between them and users, but also user-to-user, they’re building their customers’ trust.

To move from activity-based to community-based marketing is to gain customers’ trust. Instead of trying to control the conversation, and push your idea out, you let the users control the conversation, learn from each other, and in many cases, take themselves through the sales process. A frightening thought to control freaks, but the companies that practice community-based marketing are earning trust, building long-term relationships, and yes, making sales.

April 12, 2010 at 7:50 AM Leave a comment


Thompson Morrison

Thompson Morrison

About Thompson

As CEO of FUSE Insight, Thompson Morrison uses powerful new web interviewing technologies to help businesses better align their brand with the needs and aspirations of their customers. Learn more at www.fuseinsight.com

 

"The single most significant strategic strength that an organization can have is not a good strategic plan, but a commitment to strategic listening on the part of every member of the organization." -- Tom Peters

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