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The Dip

Critics and the Dip

Corven sends us to this Amazing Video.

Like every other person in the audience of this video, I found his performance stirring and even moving. But I was unsettled by a few things. First, that Cord, the blogger who posted the video, felt like the singer had no confidence. I completely disagree. Bad teeth doesn’t mean no confidence. His posture on stage makes it clear that he has completely mastered his craft.

But the real takeaway for me is how small-minded, snarky and downright mean the three judges are. Even (or especially) when they are surprised by his performance, they act as if they somehow deserve to sit in judgment of him.

They don’t. Critics rarely do.

The market is a harsh critic. It’s not always fair and it can be demoralizing. Fortunately for us, Paul ignored all of them until he had pushed through the Dip.

That moment

When you are sitting right on the edge of something daring and scary and creative and powerful and perhaps wonderful… and you blink and take a step back.

That’s the moment. The moment between you and remarkable. Most people blink. Most people get stuck.

All the hard work and preparation and daring and luck is nothing compared with the ability to not blink.

The expectation paradox

So, people are upset because of the non-ending of the Sopranos. People are always upset when a TV show ends with a big finale, because it never meets the hype, never meets the expectations. If HBO had been quiet about it, hadn’t done the full page ads and the radio shows and the newspaper articles, it would have been fine. Expanded expectations led to big disappointment.

The paradox: if expectations hadn’t been raised, fewer viewers would have tuned in.

My main site has been down off and on over the last few weeks. I apologize to those of you who have been frustrated by this. My expectations of web.com were fairly high–I thought that after all the years I’d been using the company they acquired, they’d do a better job. I was disappointed. We’re moving on.

I visited webex today to prepare for a web conference I’m doing in a few weeks. Again, lots of high expectations (big company, lots of promotional effort) and was amazed to see a workaround about Firefox on the screen. The workaround didn’t work. I was even more amazed to discover that the version I was using doesn’t even bother to support the Mac.

I’m not one of those Mac whiners who say that everyone has to support my little boutique OS. If they had lowered expectations by clearly stating the incompatibility in the first moment, I wouldn’t have been happy, of course, but at least I wouldn’t have sat there for ten minutes, blaming myself for not understanding it.

In each case, the paradox is at work. On one hand, you want to raise expectations, because without doing that, you diminish trial. On the other hand, you want to exceed expectations, because that’s what generates word of mouth.

As word of mouth becomes an ever more important component of marketing, the scales are tipping. Undersell, overdeliver. It’s the strategy that works in the long run.

Every marketer has a choice… to make the first interaction the best of the experience, or the worst (least best).

1840s democracy

150 years ago, we had pretty much settled on all of the protocols and conventions of the American democractic system. We had figured out the steps and rules of electing a president.

Before radio, before TV.
Before planes or cars.
Before computers or voting machines.
Before YouTube.

Since mass democracy is essentially an exercise in communication and marketing, the fact that this essential process is frozen in time is a problem.

Here’s a few why not questions:

  • Why not have six-hour long debates, and do them once a week on Cspan, with the highlights diced and sliced and put on any number of online or offline channels?
  • Why not use a chess clock style timing device so that each candidate can be free to answer a question for as long as she likes, but each candidate enters the debate with exactly the same amount of time to allocate?
  • Why not have the early state primary voters have the ability to vote for their four favorite candidates? It’ll reward consensus candidates that have a better chance of winning the election.
  • Or, with a small upgrade to voting machines, why not let voters rank all the candidates? It’s been shown to lead to better results.
  • Why not let us vote at ATM machines?
  • Why not run the final elections over the course of a week, announcing the balloting results at the end of each day? It would certainly increase turnout.
  • Why rely on geography as the primary mechanism for districts and electoral college votes? Our issues aren’t farm-based any more. Why not let me pick which ‘state’ I live in?

If I ran a party and wanted to increase my chances of getting elected, I’d figure out how to turn the primary process into something that was simultaneously more interesting and more likely to lead to large numbers of my party turning out to vote in the general election. Instead, it’s almost guaranteed to do the opposite.

The relevant lesson for you, even if you’re not an active citizen or if you live elsewhere? Is your organization just as stuck? Are there marketing dynamics that you’re not discussing, merely because there isn’t even a way to talk about them?

Coachable

A friend is wrestling with his ability to be coached. For the coachable, "Turn right at the light" is seen as a helpful suggestion for someone lost in a strange town… the advice goes in, is considered and then acted upon. For someone wrestling with coaching, though, it’s like surgery. It’s painful, it has side effects and it might lead to a bad reaction.

Coaching happens all the time. Most often, it’s not from a boss or a professional coach. In fact, the best insights and advice usually come from informal or unexpected sources.

In fluid marketing and organization environments, where the world changes rapidly, coachability is a key factor in evolving and succeeding. Not because all advice is good advice. In fact, most advice is lousy advice. No, the reason coachability is so crucial is that without it, you don’t have the emotional maturity to consider whether the advice is good or not. You reject the process out of hand, and end up stuck.

Symptoms of uncoachability:

  • Challenging the credentials of the coach
  • Announcing that you’re being unfairly singled out
  • Pointing out, angrily, that the last few times, the coach was wrong
  • Identifying others who have succeeded without ever being coached
  • Resisting a path merely because it was one identified by a coach

Years ago, at the great Bolshoi Ballet, auditions for the troupe were conducted among 8 year old girls. That’s because it took ten years to become great. How did the auditions work? The teachers weren’t looking for the best dancers. They were looking for the dancers who took coaching the best. The rest would come with time.

“It’s always like this”

Sethpicnic
I visited some friends for lunch at the annual book trade show in New York last week (recognize anyone in this photo?). There were so many people eating lunch next to the very lame cafe at the Javits Center that we were forced to eat on the floor.

There’s a lot of floor. In fact, there’s enough floor for at least 1,000 more chairs and tables.

You can’t see the overflowing garbage can next to us, or the ketchup smeared on the floor.

If something like this happened once a year, you’d probably be a bit forgiving. But this happens every single time the Javits Center hosts a large conference, which, of course, is exactly why the Javits Center exists… to hold large conferences.

No doubt, the poor guys who have to empty the jam-packed garbage cans curse at the short supply every day. And no doubt, the people who organize various conferences notice how few places there are to sit. The problem isn’t that they don’t know. The problem may not even be that they don’t care. The problem is that the mindset of the organization doesn’t include the sentence, "your job is to make things better."

Does yours?

Three humps and a stick (on pricing)

I’ve been working on a video project and thinking about pricing. That led me to this chart, which is more conceptual than accurate.

Pricinghumps_2

Let’s go through it, starting with the stick on the left.

FREE stuff spreads. You don’t make any money from the thing you’re giving away, but you do get attention, which is worth as much, or more in many cases.

Charge even a penny, though, and the drop off is huge.

Jump over to the middle hump, the one without the question mark.

REASONABLE PRICING puts you right in the middle of the market. With reasonable pricing, you can move just a bit to the left or the right to find the sweet spot, the spot where you can balance money for promotion or shelf space or advertising against keeping your price low. Most of us are familiar with the shape of this curve in our industry. For example, hardcover books go for about $21. At $28, you have more money for co-op and ads, but sales go down a bit. At $19, you can’t promote much, but sales go up a bit.

Move a bit to the left to the first hump with a question mark.

REALLY LOW PRICING is a whole new world. That’s when something becomes cheap enough to be irresistible to someone who might not consider the category at all. This is what happens when MP3 songs go from 99 cents to 20 cents. This is what happens when you sell a hardcover book for $10. There’s no room for big promotion, at least at first, but as WalMart has shown us, you can get scale at the super low end and have plenty of profit left over to hire fancy PR firms and lobbyists and ad agencies.

The last hump, the one on the right, is usually unexplored.

REALLY HIGH PRICING is the domain of specialty markets and superstars. Elton John gets $300,000 to do a bar mitzvah. John Cleese offers training videos that cost $1000 for one DVD. This is the land of high service and extreme exclusivity.

What’s interesting about the four choices is that most organizations are only familiar with one. Ask them to try another and they freak out. They don’t even want to consider it.

I think real growth can come when you get out of your comfort hump and create a blend. Understanding how to live in multiple worlds and to balance them isn’t obvious, but the opportunities are worth it. Ben Zander’s brilliant book costs $10.20 at Amazon in hardcover.  Buying the DVD costs $1495.00.

If he wanted to sell the DVD in large quantities, he’d need to price it differently and sell it in a different channel. But if he wants to work with trainers and the distributors who sell to them, he’s exactly in the center of that third hump.

Careful about the Y axis (volume). Units aren’t always the goal. (that’s why I said this chart was conceptual). FREE gets you the most units, REALLY EXPENSIVE the least. But depending on your objectives, units might not be the point.

It’s not important to know the right answer, which hump to choose, because there isn’t one. It”s essential to know the question, because there are four distinct choices, and not choosing is still choosing.

My web vs. The web

The web has billions of pages. You’ll see so few of them over your lifetime that the percentage is almost unmeasurable.

Your web, on the other hand, is well-traveled and familiar to you. It’s the one you travel daily.

Facebook and sites like it are changing the world because they’re becoming, for millions of people, "My web." Just as it’s possible to do an entire day’s work using nothing but email, it’s now possible to live all day with your social network on Facebook. The new launch of open widgets makes that even more likely. I just discovered ztail, (which I haven’t tested) which is an automatic process to let you create and then promote your auctions via your Facebook page.

It’s not for every seller–it doesn’t help you reach strangers, it doesn’t help you teach people about who you are or what you do. But for those that are building their web around their social network, it’s an inkling of what’s to come. (hat tip to Fred for his insights on Facebook).

Logos

About thirty years ago, three companies dreamed up logos that have become so powerful, I don’t even have to show you the images to get them to pop up in your head. A sneaker company paid a few hundred dollars for an abstract, upside down wave, a coffee company picked a half-naked mermaid (is there any other kind) that cost them nothing, and a computer company picked [hired a PR firm that picked] a piece of fruit with a bite out of it.

What the images had in common: nothing. They range from abstract to woodcut to groovy. The art of picking a logo, even one for the Olympics, has almost nothing to do with taste or back story. A great logo doesn’t mean anything until the brand makes it worth something.

That’s why spending $800,000 for a logo is ridiculous. And it’s why you can’t (I don’t think I’m going out on a limb here) draw the logo of any Olympic games since 1898. The Olympics have trouble creating new logos of value because each Olympics already has an image that sticks with people… and that’s the image of the city where the games take place. Putting an abstract picture on top of something that already has a picture doesn’t work.

[and of course, the original Olympics logo meant nothing much when they started, but now provides a great shorthand to remind us of a whole bunch of attributes (youth, sportsmanship, spirit of the games, yadda yadda) that would be very hard to visualize without it.]

The iPod didn’t need a logo, where a pair of sneakers or a cup of coffee do.

If you’re given the task of finding a logo for an organization, your first task should be to try to get someone else to do it. If you fail at that, find an abstract image that is clean and simple and carries very little meaning–until your brand adds that meaning. It’s not a popularity contest. Or a job for a committee. It’s not something where you should run it by a focus group. It’s just a placeholder, a label waiting to earn some meaning.

Anyone want to join me for a cup of mermaid? No sugar in mine.

Maybe not so dumb

Help_wanted_original
Mike sends us this help wanted photo. (All ages encouraged to apply… minimum age 16).

It’s easy to snicker at this sign. It only has three lines, and two of them are in direct contradiction to each other.

But then, if you think about it, you might realize a few things:
a. it’s a restaurant, not a literary agency, so the fact that they are poor at putting together sentences doesn’t hurt their branding so much, and
b. you thought about it.

By creating this error (and there’s no doubt in my mind it was an accident) they called attention to the fact that seniors and 16 and 17 years olds are welcome to work there. They’ve dramatically increased the size of the potential worker base. Stupid sure, but not so dumb.