In business: If you talk the talk, you better walk the walk, too!

Many years ago, I worked in a school in Taipei. It was very much a wonderful learning experience because I saw all the mistakes that our school’s owners made over the years. I still remember most of my students fondly, and just occasionally I will run into one or two of them on the street. But one of the biggest mistakes we made, and it was years later that I realized it as such, was our motto. We enjoyed our work, we liked the students, and we thought we were good, so we stupidly created the motto: “The best of the best”.

Best of the Worst: Best of the Words

Unfortunately, the motto was quite hollow. It was supposed to invigorate us and inspire our students, but it didn’t ring true in our hearts. Our flyers were printed on green A4 paper, and distributed community wide.What they really shouted was how pathetic we were. And our school was. Small classrooms, poor resources, lack of leadership, … to name but a few. When I realized the enormity of our mistake, I was determined not to repeat it. Why?

What was wrong?

If you really are the best, everyone knows it. There’s no need to tell it. It’s in plain sight. And if you’re not the best, it’s a lie. And again, everyone and their dog can see it. It’s that simple. It was the case with us. We were obviously not in the first category at all. So clients were left to draw only the latter conclusion. We really set ourselves up to fail by creating such high expectations. How could we really succeed?

Choose something tangible

We have been building our marketing campaign for our own business for some three years. But one of the decisions I made at the outset was to avoid making unverifiable claims. Instead, we would tell people exactly what we did, and leave it up to them to decide if we were good or not. Now our motto is exactly what we do: “Teach our students to use English and make it a part of their lives.”- It reads better in Chinese!

And that’s exactly what we do: students are greeted in English, classroom activities take place in English, even break-time activities require some English. We do use Chinese at times to make students feel comfortable in stressful situations, but for the most part, we encourage students to use English as much as they can.

Say it loud, say it clear!

It doesn’t have to be a complex message, it doesn’t have to use superlatives. But any motto or slogan you choose for your products should at least encapsulate the benefits of your product in ways that are tangible and identifiable. Make sure your performance matches your claims and be prepared to verify the claims. Parents hear our students using English when they arrive or leave, they call up and use English, too, when they have problems with homework. Classroom work is verified with all skills quizzes. And yet, sometimes we still fail to get our message across!

It ain’t lip-service

Many companies promise great service, but when you call up to find out about the ‘great’ service, you find out the truth. I recently was asked to telephone a local hospital in Taiwan that claimed it had an English answering service. Although it was just a survey, I was horrified to find out that if I had been depending on this service as a tourist, I might have ended up dead! I called the hospital’s ‘English’ hot line, was transferred in a bilingual telephone message to a center that picked up the phone for an answering machine! An English hotline had a Chinese answering machine! Wow!

Manage Expectations: Be realistic!

By managing expectations, the hospital could have avoided the complications, negative reports, and immense loss of face this caused some official when it went in the report that the hospital failed the assessment. By simply saying the line was only staffed from 10-4pm each day, the hospital would have got a lot of kudos for providing a needed service.

Unfortunately, the mistake this hospital made is one that many international companies make, too.

When you’re a service oriented company, it’s vital that service is as good as you can make it. In other words, you have to walk the walk if you talk the talk.

What’s your experience marketing your business or selling products or even dealing with ‘big’ companies and their promises? How does it fit in with what I’m saying here?

Where is InvestorBlogger? Where can he be found?

It’s been a week since I posted last … and no one has missed me? Or have you? You’re just too shy to say so!

Either way, I have been pretty busy. I have been working on my affiliate sites. After Steve Sutherland (of AgentsChat dot com) coached me on setting up an affiliate site, I’ve decided to run with the idea and create several different sites starting from what I know.

It’s been a blast, but already I’ve got a functional site up at http://www.tesolteachers.com which you can check out if you are interested.

tesol

I have selected three different products to promote from the offerings at Clickbank (which has thousands of offerings) for people working in my industry and those who are thinking about it, and I’ve written three short ‘reviews’ of the offerings. As I build out the website, I’ll report occasionally the successes (and failures of this project) and my attempts at affiliate marketing.

So far, I couldn’t do any worse than I have done already. So let’s see what happens. I’m also working on converting one of my other sites to an AM type set up, especially as it doesn’t enjoy much traffic. I have about four other domains that are earmarked for conversion, but I haven’t done anything with them yet. It’s still too early to see if the sites will enjoy any traction in the marketplace.

I’ve heard a lot of tips about choosing your keywords and just keeping trying until you get it right. That’s what I’m going to do.

If you are interested, take a look at the site, then see what I have done. If you have any comments, let me know!

Making Money: EntreCards Launches Ad Network

I’ve been running a small EC promotion for the past few months, and I’ve had over 20 signups for my mailing list! Thanks, guys! Of course, I’m still running the promotion so there’s still time to make a little extra EC before you are able to sell them starting next week! Sign up now!

Oh, and the feed’s borked at Google for some reason. I don’t quite know why but the stats aren’t working properly at all. Perhaps it was to do with the new theme that I put up last month. The theme had some options for setting feed, and so I used that instead of the FeedBurner plugin. Turns out it may have been a bad decision! I have only 1/5 of the regular number of readers being reported. And Google hasn’t really fixed things since January. TechCrunch has written about this issue, too. What is going on?

However, this shouldn’t affect the competition at all. And even better news about EntreCard.

ec ad network

The EntreCard Advertising Network that was announced last week is finally here. Check the blog to read the announcement:

Our much anticipated Ad Network is now online and fully operational! As a blogger, from your dashboard, you can toggle your “advert settings” for control over what ads can even apply to advertise on your blog, and each paid ad that wants to advertise on your blog will show up in a new column on your dashboard labeled “paid ads” just under the normal blog ads. From here, you can reject any paid ad you like, freely and quickly. Revenue generated from these paid ads will go to fund our future operations, feature development, more servers, and all that good stuff, as well as a war chest to cash out all your credits with (or all the credits of those who wish to cash them out!). So please approve paid ads proudly knowing you’re supporting Entrecard and the only true virtual economy in the blogosphere!

And rates are good for advertising at the moment! I’m tempted to run ads just to test the results. Pricing will adjust as time goes forward to reflect market rates. Promotional rates are just for the initial period. But will CTR be worth it? Would it be more cost effective than just buying credits and advertising on the regular network? At least with the regular network, you can get a day long ad! Could it be that the ad network’s greatest competitor will be their own EC system?

For bloggers, there will be the option to trade EC for cash by selling your EC back to EntreCard for cash. That system is still in the works at the moment! No wonder EC outlawed EC farms earlier this year! It would have ruined the whole economy. Of course, for your site, as blogger or advertiser, you still have to decide if the real estate you give to EC is worth the visits/traffic or time on site. My first experience wasn’t so positive for InvestorBlogger but this second effort may be better. Let’s see.