How To Build Instant Trust For Your Business

How To Build Instant Trust For Your Business

If there was only a way to get someone to trust you instantly…

Actually we were born that way.  We trust from the very start.  Then as we experience life, we discover that things aren’t always trustworthy.

Depending on a persons life experiences and outlook, we develop either an optimistic or pessimistic attitude.  Most of us are a blend of both depending on the situation.

As I’ve talked about in the past, Trust is one of the key foundations of our lives and this applies to everything.

I’m going to focus on the necessity of trust in business and marketing including your advertising.

I’m also going to share with you examples that you can use today to create “Instant Trust”.

Trust is an emotion first, and logic second. No matter what the data says, you have to win the heart, not just the mind.

Certain forms of media are trustworthy for different people.

A century ago, newspapers were the trusted source of information.

Half a century ago, TV was, especially CBS News Anchor Walter Cronkite who would end his nightly broadcasts with his signature sign-off, “And That’s The Way It Is”.

All of this was before the online world which gave anyone and everyone a voice.

The most trusted media people in my city are now the local radio and television personalities.

But they are not all equally trusted.

Particular stations and networks have their own brand and people put trust in that brand.  If your business advertises on a particular station that is trusted, there is a transfer of trust that spreads to your business.

In the TV world, we have newscasts on 4 stations and over the past couple of decades there has been a changing of the guard so-to-speak as some TV veterans retired and others took their place.  TV viewership has eroded as alternative sources of news and entertainment have continued to become available.  I no longer have to sit down at the appointed time to watch the evening news to see what happened while I was at the office.  I get news instantly from the apps on my phone, whenever I want. I have not watched a single local newscast from start to finish this year and I see no reason for that to change.

The radio world in Fort Wayne has nearly 2 dozen radio stations.  The oldest is WGL which I worked for a couple of times. Listenership is very small according to the rating data I have access to and the format has changed numerous times.  The next oldest is WOWO.

WOWO will be a century old in 2025 and for more than a quarter century has been a news and talk radio station.  In December I will have completed 9 years at WOWO with many more to come.  When I was a kid I listened to WOWO and it was the most listened to station with over 70% of all of the listeners tuning in each morning.  WOWO is still one of the few stations with over 100,000 weekly listeners.

Federated Media bought WOWO in the 1990’s and owns and operates other heritage stations in Fort Wayne including WMEE, which I once worked for a few decades ago. 98.9 The Bear and K-105 are the other two Fed Med stations that have huge audiences in Fort Wayne and have earned the trust of our listeners.

One of the things that makes WOWO unique however is the whole news/talk format and how listeners interact with WOWO.  When you listen to a music station, you pick the station that plays the music you enjoy listening to.  The radio personalities are there to complement the music and add to your listening pleasure. 70% or more of what your favorite music station plays is music.  Music is the main emotional connection.

With WOWO being a news and talk radio station, we don’t play music.  We talk instead. In the morning, it’s news, weather, sports, traffic, farm reports, and interviews. The rest of the day the newscasts are twice an hour with talk filling in the rest of the hour.  People listen to WOWO to hear people talk.  Big difference.

WOWO Listeners Trust the WOWO Brand.

WOWO Listeners are not annoyed by talking the way they can get annoyed by too much talk on a music station.

WOWO’s advertisers are trusted simply because those businesses are on WOWO.  There is an implied trust and emotional bond that businesses get that advertise on WOWO.    But that’s not all.

WOWO cranks it up two more levels for our advertising partners.

There is what I refer to as a Platinum Level for WOWO Advertisers.  We all know that the Gold Standard is the highest level of any business.  This is a step above the Gold Standard.

Platinum Level Sponsorship on WOWO is the personal endorsement or testimonial of one of either or afternoon host Pat Miller or morning host Kayla Blakeslee.  This is the trust factor on steroids that no other station in Fort Wayne offers.  A Pat or Kayla endorsement campaign means they will be your local spokesperson and do live 60 second ads for your business.

They receive a talent fee for this and WOWO charges a premium for that minute of airtime.   But it’s well worth it.  I’ll give you a couple of examples in a moment.

These live ads are exclusive for a business category.  For example, Pat Miller endorses Fairhaven Funeral Homes.  Fairhaven will be the only funeral service provider Pat will endorse.  Other funeral homes can advertise, but none will have Pat’s voice on them, endorsing them as long as Fairhaven continues.  Kayla Blakeslee endorses Shield Exterior Roofing and so while other roofers can advertise on WOWO, none will have Kayla as their spokesperson.

WOWO Listeners have an emotional bond with Pat and Kayla and they are trusted by their listeners.  When Pat and Kayla are talking about something political, you bet their listeners are emotionally invested.  That emotional trust carries over to our listeners when they also talk about the businesses they endorse.

A few years after I started at WOWO, before Kayla was hosting Fort Wayne’s Morning News, she was the news director and news anchor in the morning.  Charly Butcher was our Fort Wayne Morning News Host until he suddenly passed away 4 years ago this week.  I worked with a small specialty shop that was going to have a special open house on a Saturday and they bought a ton of radio ads on a music station and just 3 or 4 ads with Charly’s endorsement.  After the event, the owner continued with WOWO because he heard customer after customer tell him that Saturday they were at the open house because Charly told them to come.  The music station’s ads did nearly nothing apparently.

Before I wrap this up, I mentioned two levels of trust building beyond the regular ads on WOWO.  The 2nd one is something I started using a lot of when I came to WOWO and they create an implied endorsement of a business to our listeners.  We have news and weather sponsorships that are done live by the WOWO local newscasters.  We have local news 13 hours every weekday starting at 5am, so there are plenty of these “embedded” sponsorship mentions that are live 10 second messages.  This was my secret sauce for success for my advertising partners when I came to WOWO.

Instant Trust? Hmmm, not quite but pretty close.  Contact me for more details.

 

 

The Difference between Principles and Practices

The Difference between Principles and Practices

There are certain Principles that are Timeless.

There are certain Practices that have a limited lifespan.

We need both.

We also need to know and understand the differences.

I’ll use two different examples, one of which is my area of expertise, the other is simply an observation.

Personal Land Transportation is the example I’ll use for the latter.

The United States of America is just shy of 250 years old.  Our ancestors, the ones that arrived from other continents, came overseas way before the United States became a country.  Water travel, boats, ships with multiple people… it was a form of mass transportation.

On land, we have had, horses and other animals we could either ride or attach to something that was pulled.  Eventually bicycles became a popular form of Personal Land Transportation and then automobiles mostly powered by gasoline. Today the growth and popularity of electric vehicles continues to grow but it was be years before they replace gas powered personal land transportation automobiles.

I almost omitted rail transportation because it’s not a personal but a mass transportation system, however we as individuals have the freedom to use trains, subways and other rail based transportation to travel from one place to another over land.

The Principle is simple.  Get from one place to another over land.  It takes action and energy.

The Practices have evolved over time, and yet some of the early practices are still available.  The most independent is perhaps ourselves, walking.  All we need is fuel for our bodies and appropriate clothing.  You can go faster riding a horse or bike.  Motorized transportation is the Practice that most of us use these days to implement the Principle of getting from here to there.

Now I’ll apply this to my area of expertise, Advertising and Marketing using Human Relationship Principles.

The Principle is the closer you can spread the word about you and your business using what we as Humans respond to, the better.  Boiled down to a couple of words, it’s the Trust Factor.

The very basic is called Word of Mouth.  I ask you where to go for lunch and you recommend a place and tell me why.  Because I trust you, I trust what you tell me and I go there and spend my lunch money.   That Practice is probably equal to walking in my previous example.  Very effective, but a slow way to grow your business.

Signage is another practice.  If your business has no sign identifying it, I’m not going to trust I am at the right place. That kind of signage serves as an identifier of a physical location.  There is also the physical signage that is more closely though of us advertising. I’m talking about billboards that advertise your business. Or it could be a smaller sign I see somewhere.  Signage create a little bit of trust, but not as much as a friend telling me.  The benefits of signage is that one sign can inform many more people than word of mouth and it can be placed strategically to potential customers.

Other Practices for advertising and marketing your business is the traditional media models of newspapers, television and radio stations. Online we also have a multitude of ever evolving tech.

Some Practices work better than others and it’s due to the Human Relationship Principle, the Trust Factor and how closely it is applied. Some of the online practices have evolved to attempt to create a more personalized advertising experience. As you and I do ANYTHING online, we are adding to the meta-data that is used to serve us ads that are supposed to be more targeted and relatable to each of us.

This is where I want you to really pay attention to the Difference between Principles and Practices.

The Practice of personalized and targeted ads makes sense, but it does absolutely nothing when it comes to following the Human relationship Principle of the Trust Factor.

I’ll talk more about the what and why of creating the Trust Factor in your advertising and marketing in the weeks ahead but for now, please understand that just because the an ad message is targeted and personalized the way tech can do it with algorithms, doesn’t make it better if it ignores the Principle of Human Relationships.

You Can Only Coast Downhill

You Can Only Coast Downhill

What are you doing to build your business right now?

It’s a question I ask when I am in front of a business owner.

Sadly, many don’t have a plan.

Or some are afraid of what the future might hold and they are behaving very cautiously.

Too cautious I dare to say.

“Oh, we’re going to take a few months off from advertising and see what happens”, is something I hear by many. 

Good luck with that I say.  Sometimes I say it to their face.  Sometimes I say it to myself and write them off.

We are going thru a time of uncertainty that some of you are experiencing for the very first time.  However there is plenty of history in the recent past that points to a positive outcome for those who are willing to step out instead of retreat.

About 14 years ago, in 2008 our economy was seeing economic collapse that created panic and downturns that were just as scary to the casual observer.  For years, lenders were taking us down a path that was going to create a crash, and basically in 2008, it all came crumbling down.  In a nutshell, lenders had been told to make it easier for people to buy a house.  Sub-prime loans were a part of this along with no-doc mortgages.

I saw first hand how the no-doc mortgage loan was abused.  I had a client that was running a mortgage company and we were supposed to meet about 1 o’clock one afternoon in 2008.  I got to his office before he returned from lunch and overheard one of his mortgage guys reviewing an application with a client over the phone.  As their customer told them their monthly income, the mortgage guy said, we’re going to bump that up so we can get you a lower interest rate. 

Afterward, I spoke to the owner of the mortgage company about what I heard and he told me that was common practice now since they didn’t need to provide any documentation to back up the figures they were putting on the loan applications.  Also they could get people into bigger, more expensive homes this way and the mortgage lender would make more money without risk because they were just a broker and these questionable loans were sold off and he had no liability as the mortgage broker.

I decided not to renew his advertising contract when it expired a few weeks later because I had a gut feeling that this was not right and I didn’t want my radio listeners to be taken advantage off by this company that was putting people’s finances in jeopardy in this manner.

When things took a crash in 2009, this guy’s mortgage company went out of business. That was a good thing.

There were other companies that went under back then but it wasn’t because they were crooked.  Many of them did what I see going on right now and they decided to be conservative and act like a scared turtle and hide in their shell, waiting for things to get better.

They decided to coast for awhile.

Problem is, you can only coast downhill.

Sure if you have enough momentum you will continue to be fine for a bit.

But if you stop inviting people to do business with you, eventually they will stop doing business with you.

And that’s all that advertising really is… a paid invitation from you and your company to potential customers to consider you when they are going to buy.

Some of your best customers will eventually decrease their spending or stop.  It may have nothing to do with you, just circumstances in their life.  For this reason alone, the average business will need to replace 20% of last years customers with brand new customers just to stay even.

That 20% number fluctuates greatly depending on the type of business you are in.

We have roofers advertising on my radio station that offer lifetime warranties.  That means they will never be able to sell that customer another roof until the customer moves to a new house.  Roofers like that have to replace nearly 100% of their customers every year!

Besides the business owners that say they are going to coast for awhile, there are others that are in the start-up or growth phase of their business plan and those are going to advertise.  They are going to earn the trust of your potential customers now and once a consumer buys from someone else, they are out of the market to buy from you.

I actually don’t mind the fact that some businesses are going to coast for now because it makes room for those that want to grow and those are the ones me and my team enjoy working with.

I’ll boil it down to this:

If you want to grow, contact me.

If you are considering coasting, contact me and we’ll continue this discussion.

If you have already made up your mind to pull back and coast, thank you for making it easier for your competition that I’ll be working with to take your place.

 

Apples, Oranges and Gasoline

Apples, Oranges and Gasoline

The main point I’m about to share with you is that not all advertising is the same and that’s good.

Also you need to understand the differences before you say yes to spending anything.

Apple, Oranges, and Gasoline.

At first glance the first two, Apples and Oranges have nothing in common with Gasoline.

However consider this:

Apples, Oranges and Gasoline are all fuels.

Yes, Gasoline is the most obvious fuel because that is what we pump into our cars, but Apples and Oranges are fuel for our bodies.  It is because our forefathers were able to fuel their bodies with food including fruit like Apples and Oranges that the science and technology was invented and created to produce Gasoline.

And now, Gasoline, and other petroleum based fuels are needed to transport the Apples and Oranges from their trees to our homes.

I bet you never thought about Apples, Oranges and Gasoline like this before.

Perhaps you are also wondering what Apples, Oranges and Gasoline have to do with advertising and marketing.

I just used them to create a word picture or two as we dig deeper.

Let’s pretend Apples and Oranges are two different radio stations with different formats.  The Apple station plays Country Music and the Orange station features News and Talk as their format.

The expectation of what you’re going to get when you bite into an apple is very different than a bite of orange.  One isn’t better than the other, they are just different.  Some people prefer one over the other and it may also depend on the person’s mood or time of day.

Same applies to radio stations.  I know some people who only listen to News and Talk radio during the week, but on the weekend, they crank up the music of their favorite station.

Just like their are differences in the chemical and nutritional composition of Apples and Oranges, there are also distinct differences between music based radio stations and news talk radio stations that you should know about before you purchase radio or any broadcast advertising.  It’s not just as simple as picking your favorite fruit.

What about that Gasoline?  In our story today, let’s equate Gasoline with Social Media.

Both Gasoline and Social Media can be very beneficial.  They can both be very dangerous.  The properties of Gasoline that powers our cars are the same properties that can be explosively dangerous.

Same with Social Media.  With the growth of platforms like Facebook, I’ve connected with dozens of people from my past along with made hundreds of new connections.  That’s the good side.  Social Media sites like Facebook have also fueled some terrible things and created divisions and ignited countless negative things too numerous to mention today.

Apples, Oranges and Gasoline can work together for good.  I’ve seen Social Media work in sync with News Talk and Music radio stations too.

My challenge to you as a business owner is what I said at the beginning, that not all advertising is the same so please work with someone that understands how to use each and how not to use each.

It’s more than the cost, it’s the purpose of what you want to accomplish.

I just looked up the cost of a gallon of Apple Juice, gallon of Orange Juice and a gallon of Gasoline and while Gas is still the cheapest of the three, you wouldn’t drink a glass of gasoline as a substitute for your morning O.J. right?

Need some guidance figuring all this out for your business? Contact me.

 

The Trust Factor

The Trust Factor

A couple of Thursday mornings ago, a couple things happened before 8am.

An email from Insider Radio that included the headline:

Americans May Love Social Media, But Survey Finds It’s Radio That They Trust.

Also it was the beginning of day 2 of a weather-induced work from home day as our area was getting non-stop snow with predictions of well over 15 inches which becomes much more severe when the winds kick in and “drifts up to 4 feet” were predicted by the national weather service.

(I heard that prediction listening to my local news/talk radio station WOWO.)  We ended up with a little less and by Friday, I was back at the office and by Monday most of the rest of the city was back to normal.

Social Media has been the darling media that normal Joe’s and Jill’s turned to for communication to the masses.  What began with MySpace and then Facebook, Twitter, Snapchat, Instagram and numerous others became the bright and shiny new place for advertisers to run ads.  Promises of “hundreds of people for mere pennies” and “trackable results” along with “targeted ads that produce less waste” were all made and continue to be made.

To which I can say, not really.

Look,  I am speaking from a multitude of perspectives.  Yes, I’ve spent the majority of my career in radio.  However a couple of times I worked full-time in the online world.  First time was 2011 when I anticipated never returning to radio and instead I was highly immersed in the digital world where we crafted websites that were built to convert traffic into sales.  We looked at, what appeared to be heat-map technology and a deep dive into analytics to design websites that improved the UX or User Experience and so I know how that is done and not just the technology but psychology behind it all.

I also worked full-time for a multi-million dollar world-wide company that transitioned from a print catalog sales model to an e-commerce based outfit.  I was one of a half dozen specialists in the Internet Marketing Department and my chief role was Social Media for our multiple brands.

Then there is my own personal success story of creating an online following and connections with the ScLoHo brand identity, so I am a believer in the power of online and if you and your business can’t be found online… well you simply don’t exist.  Get your company a website now.  Claim your social media profiles for you and your company.  LinkedIn, Facebook, Instagram at the bare minimum.

However, if that is all you do, the online stuff, you are being short sighted and leaving yourself very vulnerable.

It was just announced that Facebook actually lost members recently.  That’s right the biggest Social Media company in the universe, saw a decline.

But that’s not the real reason you are vulnerable.  It has to do with the Trust factor.

A dozen years ago I was giving a presentation to students at Huntington University and part of the discussion demonstrated the good stuff that was happening on Facebook.  I used the example of my friend Heather who was looking for a new dentist for her family and so she asked for recommendations.  Dozens of friends responded with both recommended dentists and a few to avoid. This was modern day word-of-mouth and crowd-sourcing done on a personal level.

However when companies tried to tap into the social networks by running ads, it just wasn’t the same. It was an advertisement, not a personal recommendation.  Like so many other forms of advertising, except it started to become annoying because all we wanted to do was see what was going on with our friends and family and instead we were being served ads every few posts on our newsfeeds. I just took a look at my Facebook newsfeed and of the first dozen posts, numbers 2, 7 and 11 were ads.

Another factor creating distrust in Social Media is the political climate for the past several years.  I think it has intensified online when we were limited in our ability to gather in-person due to pandemic restrictions.

Here are some quotes from the story I referred to at the beginning of our talk today:

A new MRI-Simmons survey finds that nearly two-thirds of Americans say radio is either “very trustworthy” or “trustworthy” with radio topping every other media type other than newspaper – trailing by a mere one percent difference.

Also:

More than twice as many adults consider radio trustworthy compared to social media. When it comes to fake news, it seems Americans have concluded it is not traditional media outlets that are the source, but rather online media options.

And finally:

In its analysis, Katz says the MRI-Simmons research shows why radio is an “ideal platform” for advertisers looking to make their voice heard and their message count. “Radio is a trusted environment with vested local connections to consumers across demographics, and all types of media users,” it says, adding, “Radio provides the best chance for messaging to break through, resonate, and not be mistrusted by consumers.”

Contact me for more information and insight.