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    17 Jan

    superman

    Is your DSI super?  Wait…let’s step back first.  A DSI is a Dominant Selling Idea – think of it as the modern day version of the Unique Selling Proposition (USP).  Basically it’s THE big idea inside a marketing brand – it’s the selling idea that establishes you as the #1 choice within your category and specialty.  You can learn all about the DSI concept from the book “Why Johnny Can’t Brand” by Bill Schley and Carl Nichols.

    When they talk about a DSI, they’re not talking about marketing fluff and being super funny or creative (although that’s not excluded from a DSI).  A DSI is about having a simple (sentence or two) way to communicate the value you bring to your customers that makes you the top of your specialty and category. 

    An example of DSIs? 

    There are lots of car brands…cars are the category.  A specialty within the car category is safety.  What do you think of when you’re looking for a safe car?  Volvo established their Dominant Selling Idea a long time ago as the safest car brand – they pretty much own that specialty.  Here are some others:

    M&Ms – the candy that melts in your mouth, not in your hand.

    Enterprise Car Rental – “We’ll pick you up”!  (They created their own specialty of rental cars not at airports).

    Halls – with ‘Vapor Action’ (lots of throat lozenges, but only one with ‘vapor action’)

    The beauty of an effective Dominant Selling Idea is that it automatically makes you the top choice within your selected specialty (assuming you can live up to your claim).

    The Test for a Super DSI

    In Why Johnny Can’t Brand, the authors go through a lot of ideas and a process to help you figure out what your DSI should be.  It’s not easy…and not every business is going to be able to legitimately have a DSI, but here’s a test to help you figure out if you’re onto something.

    Is your product or business idea:

    1. Superlative

    Are you as good or better than everyone else within your specialty?  Can you claim #1 in something?  Best in class within your boundaries? (i.e. best pizza in Kansas City).

    2. Important

    Does your differentiator – your DSI – address something that’s important for decision makers? You may sell cars that have top and bottom windshield wipers…but that’s not likely to sway many decisions.

    3. Believable

    Is it clear why we should believe your claims?  Do you have credible and important testimonials?  Does it logically follow that you would be good at this product or service? (Think about your favorite steak restaurant offering up an enchilada…probably not believable).

    4. Memorable

    Does your idea stand out from the crowd?  Does it link to an emotional feeling?  What would cause me to remember your idea if I looked at a dozen similar ideas within your category or specialty?

    5. Tangible

    This is where the rubber meets the road.  You might have created a great idea that establishes you as a believable #1 within your specialty in a memorable way, but if you don’t actually deliver on that promise you won’t last.  To have a Super DSI, it has to actually perform (and be more than just an idea on paper).

    What I really like about the concept of having a DSI is that it’s not just clever marketing and it’s not just for big national players.  Any business or idea will benefit by positioning as a Dominant Selling Idea…and any business or idea will suffer without that positioning.

    Think about the last time you told some friends about a great restaurant in your area.  Maybe you said something like; “They have the best fries…you’ve got try them!”  or “I was amazed at their service, I’ve never had an experience like that before!”.  That’s potentially their DSI…something they should build around.

    Now think about how your customers describe your business…would they consistently isolate on your important strength?  Are you consistently positioning yourself as #1 in a specialty?

    These are tough questions and they take a lot of time and soul searching to answer honestly, but if you can figure this out you will be successful.  A valid DSI can take you to new heights in your business.

    What do you think about Dominant Selling Ideas?  Are you comfortable that you know what yours is?  We’d love to hear your thoughts in the comments below.

    Shawn Kinkade   Kansas City Business Coach

    Photo by aka Kath

    10 Jun

    Your prospective clients are hungry…are you feeding them good stuff?

    Whether we like it or not you have to have a presence on the internet…if I hear about you from a friend, if I meet you at a networking event and get your card or if I stumble across you on LinkedIn, Twitter or Facebook the first thing I’m likely to do if I find you interesting is to find your website and check you out.

    I’m looking for a better understanding of who you are, what you do and why I should care.  I’m hungry for information and if you want me to do something beyond a quick glance, you need to feed me something tasty and nutritious.

    Read More…

    10 May

    forkspoon  photo by jeffsmallwood

    If you do much networking, then you’ll quickly realize that everyone starts to blend in…which does absolutely nothing for you.  Garet King – a branch manager at CoreFirst Bank here in Kansas City shared the following article with me that does a great job of addressing this situation – take it away Garet:

    If you pay attention to the conversations you are a part of and that happen around you, you will notice that we are all saying the same things. We talk to people on a daily basis. Collectively, we talk to a lot of people on a daily basis and most of these conversations happen in the same way. These dialogues may be about the weather or how the kids are doing. Conversations may drift towards a golf game or other sporting events. Comments are made about weekend plans or future vacations. On fewer occasions, people will open up about their life. Regardless, almost all of these conversations start the same way. “What’s new?”

    “What’s new,” is an opportunity to talk about anything that you are working on. Whether this person is an advocate or acquaintance, they are opening the door and most of us waste the opportunity. The typical responses are, “same old, same old,” or “just work.” If you are having a challenging day, “same crap, different day,” might come out of your mouth or, “not much,” if you’re feeling indifferent. Regardless, these answers are a waste of a golden opportunity to create another connection.

    Read More…

    26 Jul

    In today’s competitive environment it’s more important than ever to have a competitive advantage – something that puts you above the general fray of your industry.

    Maybe you have a unique technology advantage…a patented something or other that no one else has.

    Maybe you were first in your space and really own the marketplace (95 of the top 100 companies use our service…).

    Maybe you’re faster, better a different business model – there can be lots of ways to build a competitive advantage.

    However if you’re stuck on what yours might be, you should look at your core values and your vision as a possible way to stand out and make yourself different from the crowd.

    Do you have customers that buy from you because of what you stand for?  Great employees that do more than you expect because they believe in the bigger picture of where you’re taking the business?

    I’ve written before about how to find your core values, but even more importantly you can actively use those core values as a differentiator…a competitive advantage.

    (photo by Zach Dischner)

    Read More…

    18 Apr

    caviar

    Presentation.

    Attention to detail.

    Serving the customer.

    I was at my daughter’s soccer game this morning and one of the other parents had recently purchased furniture for their daughter and although they liked the product, the overall experience was very bad.  What was promised in no later than 8 weeks delivery took over 10 weeks.  When they did deliver, they left out a mirror…it had been ordered and paid for, but didn’t get shipped and they made the family jump through hoops to finally get it done right!  On top of that, the store and the installers all acted like this was business as usual and didn’t offer a single apology!

    But here’s the really sad and frustrating part… 

    Read More…

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