Customer Life-Time Value
We give lip service to the importance of customers and clients. For businesses impacted negatively by COVID, whether we are B2B or B2C, maintaining, and indeed growing a solid base of loyal clients will be the difference between success and failure, there it is crucial to know the value of our most important asset.
The Chronic Complaining Colleague
We all have off days. Days where the sky seems metallic grey rather than vibrant blue and smiles have an edge of irritation. Sometimes, it can be healthy to complain; to vent as it allows us to bring things out into the open where there is a greater chance of them being dealt with constructively, rather than being suppressed and pushed away.
Centrality of Clients
In an environment still coming to terms with the impact of COVID, businesses in both B2B and B2C areas are asking themselves, if they can rely on the loyalty of customers they had prior to January 2020?
- Published in marketing
Rule of 7
The rule of 7 states, it takes 7 interactions with your brand before a person will engage with it and become a client or customer.
- Published in marketing, Psychology
Daring to be different
Fear creates uncertainty. Uncertainty creates a sense of dis-equilibrium within us that we try to correct, so we can feel balanced and in equilibrium again.
- Published in marketing, Psychology
Clickbait and the damage done
Clickbait is the tactic of teasing users with intriguing ads or posts of your content to entice them to click-through and read.
- Published in marketing, Psychology
Adapting to Change
One of the quotes ascribed to Charles Darwin is, “it isn’t the strongest of the species that survives, nor the most intelligent, it is the one that is most adaptable to change”.
- Published in Workplace
Building an online presence for Not-For-Profits
For the majority of Not-For-Profit (NFP) organisations, one of the consequences of COVID was the impact on service delivery. A 2020 research project reported 54% of nfp’s had to significantly change the way they provided services, while 17% of nfp’s had to suspend services completely[1]. Only 3% of nfp’s did not have to change their method of service delivery.[2]
In adapting to these changes, the technological environment in which nfp’s operate has become more important. Technology within organisations has an internal and external aspect. With the sudden shift due to COVID, the internal aspects of technology such as enabling staff to work remotely, ensuring data security and continuity of service delivery have taken priority for the majority of nfp’s. However, it is important not to forget the external, or outward facing aspects of the nfp such as websites, social media, and digital marketing. It is this external aspect that assists nfp’s to build a presence and engage more effectively with clients, the community and importantly potential sponsors or donors.
With the shift away from face-to-face interactions and large crowd functions which have been traditional sources of fundraising, nfp’s need to think through, the opportunities for fundraising and engaging with sponsors and donors through online mediums. Currently 43% of nfp’s collect donations online[3]. It is likely more nfps’ will look for ways to fund raise online in the future. This is where the effectiveness of the organisations social media and digital presence is so important because it is the first point of contact for potential donors and sponsors.
The good news is that 90% of nfp’s are using at least one social media platform, with Facebook being the most popular.[4] Of the 90% of nfp’s 79% acknowledge social media as being effective and important for the organisation.[5]
The good news is that 90% of nfp’s are using at least one social media platform, with Facebook being the most popular.[4] Of the 90% of nfp’s, 79% acknowledge social media as being effective and important for the organisation.[5]
While it is positive many nfp’s are engaging with at least one social media platform when looking at the effectiveness of nfp’s use of social media, there is still much to be done to improve and build an organisations online profile and engagement.
One simple effective way a nfp can improve their digital presence is to use the benefits of the Google for Non-Profit program. Only 20% of nfp’s are making use of this program, which provides $10,000 USD of free advertising for eligible organisations[6]. Equally, less than half of nfp organisations track and report on the results of their digital marketing activities. Consequently, with no review of the effectiveness of the activities and whether they are reaching the targeted audience, Boards and Senior Management do not see the value of the money being spent on digital marketing. If Boards do not understand the value of digital marketing and building a social media presence, it is unlikely the organisation will have a consistent, clear strategy to consolidate its online brand and this ongoing spend.
While organisations generally have a greater appetite to embrace new technology and more modern ways of working as a consequence of COVID, keeping up to date with technological changes and identifying where to invest in social media to obtain the best results remain a challenge particularly for smaller to medium size nfp’s. Having the assistance of an external provider that can provide external, expert advice on how to build brand awareness for nfp’s specifically can save money and in the long term assist in building the donor and sponsorship base.
1.Dgital Technology in the Not-for-Profit Sector 2020 Report
2. ibid
3. ibid
4. ibid
5. ibid
- Published in Not-For-Profit
Communication in an age of misinformation
We need to check our biases and assumptions and know our market, so our messaging has the best chance of cutting through.
- Published in Psychology, Workplace
Changing the culture, changing the story
Cultures within organisations are often maintained by the accepted practices within the workplace as well as the dominant story of the organisation.
- Published in Not-For-Profit, Workplace