But to look ahead, we have to examine what led us, and our
companies to survive and in some instances thrive, is a very difficult market
environment. From my perspective, that key ingredient was relevance. Companies that did well managed to make
whatever service or product they developed relevant to their target market.
They tapped into the underlying value that their target customer had and made
sure these folks understood how the product/service addressed that value.
This isn’t as easy as it seems. Most companies tend to gaze toward their own
navel when trying to express their products/services value and relevance. They
try to communicate what they have done and expect the market to understand why
these achievements or innovations are relevant. That’s a huge leap to expect
the market to make, especially in a market that is highly competitive and you
are dealing with a target audience that is attention challenged.
Think about the communications programs you are working on
right now. Take a hard look at the way you are talking about the
products/services your company is delivering. Is your material full of acronyms
or buzz words that highlight how important you think the product/service
is? Does the content you’ve written in
your releases and other material focus on the great things your company has
products/developed instead of the problem it solves or opportunity it addresses?
Finally, look at your material and count the number of times you tie the great
things your company has done with a customer need or specific market trend that
makes this product/service relevant.
My personal view is that the benefit/trend to speed/feed
ratio to should be at a minimum 2 to 1. If you can do this, think about how
much easier it will be for reporters/customers/partners/prospects/investors to
understand why your company, not just the product or service, is relevant. The
easier you make it for them to understand, the more likely you are to motivate
them to action.
A few weeks ago, I wrote a blog that talked about the finite
attention span of target audiences. With this in mind, as we plan for 2012,
companies that don’t adopt a culture of relevance in their communications
programs will face a dwindling prospect for mind share and attention. The tough
lesson learned in the down markets is that if information is not easy to
consume and apply the benefit to someone’s personal or professional life, it is
ignored. Ignored equals irrelevance and that is not a viable option in 2012.
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