A Lesson in Business from the Business of Baseball

by Scott Howard | Sep 22, 2021 | Marketing and Advertising Insights, Sound ADvice, The Not-So-Secret Writings of ScLoHo

Long before baseball was known as BIG business it was known as America’s favorite pastime! But the truth be told, it’s always been a business and some valuable lessons can be learned by looking at how a baseball organization is run.

As a fan, we look at baseball as pure entertainment. Behind the scenes, the owners and managers are meticulously trying the create the perfect team on the field and the perfect balance sheet in the office. It’s not just the team they put on the field that makes them successful. There is more to it, much more!

As you work each day to build a successful business, there are some lessons to be learned from the way a professional baseball team builds, creates, and even re-organizes its rosters.

As with baseball teams, businesses have owners, managers, assistant managers, players, and personnel. They also, intentionally, have a mix of veterans, rookies, and those somewhere in between.

When creating a roster, it’s more than just pure talent that they look at. They look at personalities, and attitudes on and off the field as well. Regardless of the position, each player and person on the team plays a major role in the overall success of the team. The same rules apply when creating your roster of employees.

In the 10 Lessons from Baseball on Building a Successful Business, Lesson #4 is: Hiring or Identifying Specialty and Utility Players. In today’s baseball, every team has specialty and utility players. Having employees on your team that specialize in one area or another can be very rewarding. Likewise, having a player/employee that can play several positions can pay huge dividends as well. While a utility player may not be an all-star player at any one position, it’s the player, or in a business’ case, the employee that can fill in in a pinch without missing a beat.

Lesson #8 is: Create Fans. Fans just don’t happen, they’re created. Baseball players will tell you that it’s much easier to get hyped up when you have fans cheering you on.

Teams that have the best fans sell the most tickets, t-shirts, and logoed products. True fans are fans that cheer and promote the team, or your business, whether they are inside or outside the stadium. Do you have a plan to create raving and vocal fans/customers that not only root for you when they need you, but will root for you between purchases as well?

The similarity between a professional baseball team and your business is that you want to create a team that attracts a lot of fans/customers that are so thrilled by your product(s) or service(s) that they not only come back time after time, but they bring friends with them.

The ultimate goal is not just to win, but to be successful on and off the field.

To see the 10 Lessons from Baseball on Building a Successful Business, click here.

8 Principles to Improve Your Life and Business

by Scott Howard | Aug 11, 2021 | Marketing and Advertising Insights, Really? The Personal ScLoHo, ScLoHo's Collective Wisdom, The Not-So-Secret Writings of ScLoHo, WOWO Fort Wayne Radio Advertising with Scott Howard

A couple of weeks ago, I was reading an article on Medium.com titled: 8 Pillars of a Satisfied and Happy Life. Here’s a link to it: https://medium.com/mind-cafe/8-pillars-of-a-satisfied-and-happy-life-847d98707e81

It was a beautiful Sunday afternoon as I read it and decided that I wanted to add my spin on the 8 Pillars with both insights on how to apply this to you business and also reflections on how I do it personally.

On the business side of my life, I am the General Sales Manager of WOWO Radio, in Fort Wayne, Indiana. I lead and coach 6 full time advertising sales people on our Local Sales Team. I moved into this position at the beginning of 2020, a few weeks before Indiana went into lock-down due to the pandemic. This is my 8th year with WOWO and I’ve been in the media and marketing world most of my life, although I do know how to drive a forklift and run a thermoformer too.

On the personal side, my wife and I have been married for over two decades and our 5 kids from our 1st marriages of made us grandparents multiple times. The people on my Local Sales Team at WOWO range in age from my age to my kids age and so I know most of what they go through both personally and professionally. The term, “Been There, Done That”, applies however the world has changed since I was a new Dad, some for the better, other changes not so much.

Pillar Number One from the Medium story:

1. Allow Yourself To Be Happy Before You “Succeed”

Absolutely. As you grow, you need to learn to enjoy the journey. Starting a new business is challenging all the time, not just in extreme circumstances. Give yourself credit for doing the work. One of the ways I measure the activity of the sales team I work with is the types of activity they are doing and how much they are doing. I know that if they do certain benchmarks, success will follow.

Similarly, my wife likes gardening and it makes her happy. It is hard work and the rewards take time to grow, but in the meantime, she is happy doing the work. How about you? Do you have benchmarks in your business or life that you use to measure success before the financial success comes in?

2. Have A Clear Vision

Goals need to be both short and long term. My team has a big picture goal that I shared at the beginning of the year, and then each month I break it down into smaller chunks for each person. Together I work with each of them to help guide them to achieve those smaller goals which will add up to the original long term goal for our team.

I’ve worked for others who had no vision or they were continually changing course which creates frustration and confusion. As a business owner, make sure your team understands the vision for your company too. When my wife and I plan a trip either for ourselves or to visit family, we agree on the important elements and then also plan the details. I learned several years ago how we best travel together and perhaps you and your spouse have learned what works best for you too.

3. Devote Yourself To Something Meaningful

I really dislike most advertising salespeople. At least the way they do business, too many are focused on themselves, not on their clients success. That has been the secret to my success. To help others succeed, using the wisdom, knowledge and experience I’ve learned. That’s one way I devote myself to something meaningful. I also am involved serving on a non-profit organizations board to give back to the community. How do you and your employees give of yourselves?

4. Become a Lifelong Learner

The day I stop learning is the day I stop living. My formal education is not documented with college degrees but I keep getting invited to speak at numerous higher education colleges and universities. Be curious. Learn from others, listen and ask questions and figure out how to apply it to your life, your business or the people around you.

5. Do Not Settle For Less

I’ve done this a couple of times. I’ve walked away from the world of advertising and took a break, but then I returned. Some people decide not to return to their dreams and by doing that they never know if they could accomplish what they once sought. On the personal side of life, this is very personal. On the business side, you are going to have to decide what is important and what isn’t. I used to work with an auto repair shop that was going to be open 24 hours a day. Then when the owner discovered that it wasn’t a sustainable way to run his shop, he settled for less hours. He also discovered how to merge what his customers really wanted with his vision and came up with a business plan that was unique, and he’s doing great now.

6. Remember To Have Fun

I took my WOWO Local Advertising Sales Team out for a morning of golf and lunch last month. It was a team building event but it was more than that. It was a time to set aside time to just have fun. It wasn’t a reward for hitting a certain goal, it wasn’t earned based on performance, it was simply a guilt free way to hang out on a day when others were working and have fun.

At work, at home, having fun is something we all need to include in our lives regularly, not just special events. How do you accomplish this?

7. Take Care Of Yourself

At the end of 2020, I decided to improve my health by dropping a few pounds and lost 20 pounds in about 6 months. I’ve maintained that and am slowing dropping a few more this year. Stress is the silent killer for everyone it seems. 99 out of 100 people you see this month have something stressful going on in their lives that you may never know about. You need to take care of your health, and encourage those who work for you to do the same. Physical, Mental, Emotional and Spiritual health are all needing our attention. The H. R. Department at WOWO’s parent company, Federated Media sends out reminders about this and also provides resources that members of my team have made use of.

8. Cherish Those You Love

This is the last pillar from the Medium.com article, but it’s not the least important. I’m blessed to have loving relationships with my family and we work at making sure we stay in touch and express that love.

While the dynamics are usually different in a business setting, how would the culture improve if you really told your staff individually what you appreciated about them?

They need to know that they are appreciated and why. The companies that have problems retaining employees are the ones that have the worst company cultures. As a business owner or manager, you set the example. A genuinely positive work environment is also appreciated by your customers and clients too.

I hope you’ve learned a few things today, and perhaps go back and answer those questions I mentioned to see how 2021 can be even better for you and those around you.

Transactional vs Relational Customers

by Scott Howard | Aug 4, 2021 | Marketing and Advertising Insights, Sound ADvice, The Not-So-Secret Writings of ScLoHo, WOWO Fort Wayne Radio Advertising with Scott Howard

One is more profitable. One is more needy. Both are important to the overall success of a business. Understanding how to identify each type and how to turn transactional customers, when possible, into relational can be a huge boost to your business.

Every business has basically two types of customer profiles:

1.) Transactional Customers
       – Only care about price
       – Have no brand or business loyalty
       – Demand more, but pay less
       – Consider themselves buying experts
      – Often return merchandise or complain about service when they discover the “cheapest” solution was not the best solution.

Warning:
Don’t confuse “traffic” with sales. Because transactional customers contact you so often per purchase, their “traffic” can cause you to think the majority of your customers care only about price. Seldom is this the case.

2.) Relational Customers
     – Want a salesperson or expert they can trust
       – Need help and advice
       – Are more loyal to brands and businesses
       – Are less demanding and more profitable
       – Become repeat customers

Relational customers make fewer visits per purchase than transactional customers but generally account for a minimum of 50% of sales and more than 70% of profits.

The Bottom Line

We attract the kind of customers, relational or transactional, by design. If you would like to design a more profitable business and attract more relational customers, click here to see our Profitable Customer Marketing Checklist.

What I just shared with you arrived in a few hundred peoples email this morning. It’s this weeks edition of my Sound ADvice newsletter and you can have it delivered to your inbox too by filling out the info in the Sound ADvice newsletter box below.

Let me take a moment add a few more insights.

All of us have a little bit of transactional and relational buying habits in us as consumers. All depends on the item or service we are considering spending money on as to what our priorities are. The problem I see that too many businesses don’t understand is that they think price is a higher priority than trust when we are spending money.

Several years ago, I was doing a Customer Needs Analysis with a HVAC dealer and he was talking about their quality and experience and all these great things that were relational. But his marketing was focused on offering discounts and I asked him if he liked giving away money. He was a little insulted until I challenged him to market his company the way he talked to me. He was afraid to because his competition advertised price discounts and he was playing follow the leader.

I talked to another HVAC dealer and got them to minimize the discounts in their marketing and focus on trust and expertise. They took my advice and saw their sales double over time.

Want help figuring out how to market your business and you are in northeast Indiana? Contact me. I’ve been doing this successfully for years and am currently the General Sales Manager of WOWO radio. My team and I will be glad to help. Scott@WOWO.com is my email.

Lasting Change in Consumer Habits

by Scott Howard | Apr 24, 2021 | Marketing and Advertising Insights, ScLoHo's Collective Wisdom

2020 was a year of change for multiple reasons including Covid, the Black Lives Matter movement and political division at an increased level.

The consequences of 2020 is that consumers habits have changed, some at an accelerated rate due to the way we had to adapt last year. Video conferencing was slowly becoming an option, but when it became the norm because we were not allowed to meet in person, that, my friends is an example of what I am referring to.

One of my top salesperson loves the video option because it saves her time traveling and I know that while we are slowly returning to more in-person meetings, video is still going to be a viable and acceptable option.

And there’s more…

Marketing Charts reports:

The vast majority (78%) of consumers have come to prefer online shopping for specific items over the course of the past 6 months, according to a Cheetah Digital report [download page] on the digital consumer trends that are set to outlast the pandemic.

Kroger, Meijer and Walmart are the major grocery stores where I live and we switched to ordering online and then picking up at a designated time for nearly a year.

Yes, Amazon benefited from the online shopping boom but other local stores learned to adapt and provided curbside pick-up or carry-out only to adjust to the restrictions imposed by safety precautions of the pandemic.

Climate change, political posturing and convenience seem to be big factors according to the report.

What about you and your business… what have you done in the past year that you are going to continue doing in 2021 and beyond?

I’d love to hear from you, drop me a line or leave a comment. Or if you would like some help and guidance, ask. My email is Scott @WOWO.com

Compare With Caution

by Scott Howard | Mar 2, 2021 | Marketing and Advertising Insights, ScLoHo Sales Tips, Sound ADvice

Comparing one product or service or one business to another is always acceptable… when you are the consumer.

But as a business selling itself, comparing comes with caution! Make sure you’ve given deep consideration before you compare your product or service with your competition!

This word of caution holds true whether you are making a comparison in your advertising message, or communicating face to face with a customer.

Think back to the last time a salesperson was comparing his or her company, product, or service to their competitors’. If they went too far and made unsubstantiated claims, degraded the competition or its people, it can easily backfire. Instead of gaining confidence in the product, service, or company, they may end up losing credibility and therefore the sale.

In our Do’s and Don’ts of Comparative Advertising many of the rules that apply in advertising also apply when selling person to person.

This applies to major companies as well as small local businesses. In the famous “Get a Mac” advertising campaign, Apple gave great consideration to the possible retaliation that the PC manufacturers could re-attack with. If you are ever considering comparing your business to another, you should too.

Like dynamite, comparative selling and advertising can be a very powerful strategy, but it can also blow up in your face.

Proceed with Caution!

To see the complete list of the Do’s and Don’ts of Comparative Advertising, click here.

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