What Small Business Can Learn from Super Bowl Ads

You may not have the $3.7 million to buy a 30 second Super Bowl ad for your business, but there’s a lot we can learn from all the money that’s spent airing–and analyzing–these ads.  Super Bowl ads are always entertaining to watch, but are they effective at selling products?  New research from Harvard Business School …

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Holiday Rewards for Your Best Customers…and for Your Business

If you’re like most businesses, a handful of customers are responsible for a large amount of your business.  Here’s a great way to thank them this holiday season, while helping boost your year-end sales! This technique comes from my Aunt Sandy, who’s used it in her store to boost holiday sales for years.  Send your …

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Branded Yoga: How to Stand Out in a Crowded Field

Did Bikram Yoga pervert an ancient spiritual art form, just for the sake of making money?  Religious people, business people, and the Indian government are all weighing in on this debate, according to new research by one of my favorite professors at Harvard, Rohit Deshpandé.  The research looks at several examples of businesses creating proprietary …

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Airline + Fashion? How Unlikely Partnerships Bring New Customers

Today, Virgin America flight attendants debut their new uniforms, designed by Banana Republic.  Flyers can buy items from the new looks right from their seats, and Banana has put a full line of airline-inspired clothing in their stores.  (Read more about it here.) This may strike you as an odd partnership… an airline and a …

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How to Use Video & YouTube to Promote Your Business

Video for Business

[margin30] Want people to get to know your business better?  Wish it were easier to explain your business to potential customers?  You can do this in a place and format that they love: YouTube videos. Video is the fastest-growing thing on the internet.  Did you know that: [fancy_list style=”arrow_list” variation=”blue”] Every day, over 4 billion …

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How to Not Be a Spammer

Happy Email

Conscientious business owners often tell me, “I don’t want to be one of those companies who’s spamming everyone!”  You know who “those” companies are…we all have at least a few horror stories where we cringed every time Company X sent something…and then we hit “Unsubscribe”!  How do we avoid that trap in our own marketing? …

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Generate Leads from your Elevator Pitch

An elevator pitch isn’t just for people who are starting a new business. It’s important for all business owners to have a potent 30 seconds at their fingertips. You’ll find it a powerful way to attract new customers, partners, or whomever you want to meet. The elevator pitch isn’t just for the elevator, or just …

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Increasing Impact with Features and Benefits

Bike Features & Benefits
Bike Features & Benefits
Click the image to enlarge. Source: lunchbreath

Do you feel like potential clients don’t always understand how great your offering is? Then this article will be a quick win for you!

Having helped hundreds of companies significantly increase their growth, I’ve found that some simple tweaks to how you talk about your product makes a huge difference in how it resonantes with customers.

Here’s the simplest way to get started on this easy change: by understanding “features” vs “benefits.”

Features” describe the product or service and what it does. For example:

  • Diet Coke has 0 calories
  • The new iPad has a retina display
  • Our movers pack your belongings carefully

Benefits” show which of the customer’s needs will be met. For example:

  • You won’t gain weight when you drink Diet Coke
  • Movies look more lifelike on the new iPad
  • Your stuff won’t break during the move!

Benefits are much more powerful, because they tell the customer exactly why it matters. The benefit answers the “so what?” It speaks in the customer’s language, rather than in your language. So it motivates them more strongly to buy.

BUT — right now I’d bet you’re talking mainly about features. You see, we’re so eager to share how awesome we are, that we talk too much about ourselves. We talk about our process, our experience, our secret sauce.

Sometimes you might think, “Well the benefit is obvious!” True, people can connect the dots–0 calories means it’s better for my diet. However, you have your customer’s attention for a very brief time. Don’t make them do this extra work! Connect the dots for them, so they are sure to see the benefit of what you’re offering.

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