The Evolution of the Shewhart Cycle

If you work in a Lean-focused organization, you are probably familiar with the plan-do-check-act (PDCA) improvement cycle. PDCA is a four-step cycle that promoted discipline and structure to promote ongoing learning and continuous improvement. The cycle begins with the Plan step. This involves identifying a goal or purpose, formulating a theory, defining success metrics and putting a plan into action. These activities are followed by the Do step, in which the components of the plan are implemented, such as making a product.

Next is the Check step, where outcomes are monitored to test the validity of the plan for signs of progress and success, or problems and areas for improvement. The Act step closes the cycle, integrating the learning generated by the entire process, which can be used to adjust the goal, change methods, reformulate a theory altogether, or broaden the learning – improvement cycle from a small-scale experiment to a larger implementation Plan. These four steps can be repeated over and over as part of a never-ending cycle of continual learning and improvement.

The history of the PDCA cycle is a unique example of the evolution of a theory and its various interpretations and implementations. Dr. W. Edwards Deming is noted by most as the person who popularized the improvement cycle. The PDCA cycle was based on the Shewhart Cycle.

Walter A. Shewhart, a noted statistician working at Bell Labs to develop the national telephone system. He created a three part cycle in 1939. This three-part cycle was a systematic process for continuous improvement. Shewhart wrote:

These three steps must go in a circle instead of in a straight line, as shown . . . It may be helpful to think of the three steps in the mass production process as steps in the scientific method. In this sense, specification, production, and inspection correspond respectively to making a hypothesis, carrying out an experiment, and testing the hypothesis. The three steps constitute a dynamic scientific process of acquiring knowledge.

When Deming introduced the cycle to the Japanese Union of Scientists and Engineers (JUSE) in 1950, he modified the cycle. He added a fourth step and emphasized to the Japanese engineers the importance of ongoing interaction between design, production, sales, and research. This modified Shewhart Cycle was referred to as the Deming wheel by the Japanese.

Deming discussed the five steps of the cycle:

  1. Design the product
  2. Make it and test in lab and production line
  3. Launch the product
  4. Test it in service via market research and user interviews
  5. Redesign and improve the product given customer’s feedback

After Deming’s work in Japan, the Japanese modified the cycle and renamed it the Plan-Do-Check-Act (PDCA) cycle. The four-step process focused on creating and modifying process standards to prevent mistakes. Deming instilled in his students that everything must be perceived as a process. Most problems are due to the process, not human error. This PDCA cycles was a key tool for kaizen, or continuous improvement. And became popular from Masaaki Imai’s famous book Kaizen: The Key to Japan’s Competitive Success and the success of the Toyota Production System.

Dr. Ishikawa, the creator of the fishbone diagram and leading authority on the Quality Movement, modified the cycle in 1985. He included goals and targets with the Plan step as well as ways to achieve the goals. Ishikawa added education and training to the Do step for improved implementation. Proper control of the process according to Ishikawa was continual revision of standards based on the voice of the customer (VOC). This was based on Deming’s initial teachings that everything is a process and the standards that support the process must continually be revised and improved.

Along with the additional variables, Ishikawa added key statistical tools to develop quality. Examples of typical Lean tools used in a PDCA cycle are check sheets, histograms, Pareto charts, fishbone diagrams, scatter diagrams, and other tools for statistical process controls.

In 1986 Deming reintroduced the four-step Shewhart Cycle. As Deming promoted this model in his 4-day seminars, he warned denounced the PDCA Cycle. Deming based this on the English definition of “Check” means “to hold back

Deming never embraced the PDCA cycle. He warned that PDCA was not accurate. He felt that the English definition of “check” means to “hold back”. He felt PDCA was a corruption of the original model. Deming continually told his students that PDCA and his four–step cycle were only related through the scientific method, which is the foundation of the cycle and process of continuous improvement.

In 1993 Deming again modified the Shewhart Cycle. Deming named this modified cycle as The Shewhart Cycle for Learning and Improvement – the PDSA Cycle. Deming noted the third stage as “Study” rather than “Check”. He felt it was more important to study and learn based on the results of the action, to drive improvement. He felt “Check” only focused on evaluation and did not result in continuous improvement.

 

Many firms still use the term PDCA rather than PDSA, especially as this was adopted from the success of the Toyota Production System and Lean. In Japan, many firms use Plan, Do, See which Deming never understood the use of. No matter which cycle you adopt, the benefits to the organization are a culture of ongoing learning, experimentation, and continuous learning. Ensuring a culture of continuous improvement and learning is critical to stay ahead of competitors and continually wow customers.

Innovation: The Drucker Way

Innovation – another one of those annoying buzz words that everyone throws around. However, innovation is critical for long-term growth, but unfortunately true innovation is not done enough, or not done correctly, or is focused on the wrong things. Innovation refers to something new or updated that provides value to individuals or groups. The father of modern management, Peter Drucker recognized the importance of innovation within many of writings.

Peter Drucker was a management consultant and educator, who wrote almost 40 books as well as hundreds of articles, and created the term “knowledge worker” to define modern white collar office workers. He predicted many of the key developments of the 20th Century, such as the rise of Japan, the impact of marketing, the decrease of blue collar workers, and the development of the information society. Drucker focused on the relationship of management and society, and the importance of keeping social issues in mind when making decisions regarding the corporation. He also wanted managers to focus on the future and avoid short-term perspectives.

Drucker was born in 1909 in Vienna Austria. He grew up in a liberal Protestant house speaking English and German. His mother had studied medicine and his father was a lawyer. He was surrounded by some of the leading intellectuals, politicians, and scientists who visited his parents. This environment was a key to developing his holistic outlook on life and the desire to focus on the future and improving the world around him.

Drucker was strongly influenced by Joseph Schumpeter, a friend of his father who coined the term “creative destruction”. Schumpeter was an Austrian economist who identified innovation and entrepreneurial activities as the critical dimension of economic change, rather than market forces and price competition. Creative destruction was noted as a cycle of new economic structures being developed as old structures were destroyed or abandoned. Schumpeter’s ideas planted the seed for Drucker who focused on the importance of innovation and entrepreneurship.

Drucker felt there is only one purpose of an organization; to create a customer. The way to achieve this, an organization has two key functions, marketing and innovation. Drucker disdained short-term focus on profits instead of customers. He felt, the main way to create a customer was a long-term prospective and continuous innovation. And for effective innovation, an organization needed an outside-in perspective.

The way to innovate is having an outside-in perspective. Outside-in is a mindset and corporate culture that is driven by customer value creation, customer orientation, and customer experiences as the key to success. It’s all about the customer. Too many organizations focus on solving problems rather than exploiting opportunities. Focusing on problems leads to ongoing firefighting and the status quo, rather than finding tomorrow’s successful products. Innovation is providing real value to customers with products and services that improve their lives.

In business, market leadership is short lived and not likely to last, therefore, organizations must continually innovate to stay ahead of competitors. Drucker stressed the importance of customer focus and future focus. The U.S. versus North Vietnamese War was a painful lesson for the U.S. The U.S. focused on the last war, WWII and Korea, not the current war. This focus on the past instead of the future was extremely inefficient and led to the U.S.’s defeat. Organizations need to let of the past and focus on the future.

An outside-in perspective must be driven by the chief executive officer (CEO). Examples of this are Jack Welch at General Electric (GE) instituting Six Sigma with a clear customer focus, and Lou Gerstner at IBM who stated that “our customers run out business”. IBM went from $15 billion in losses to $5 billion gains in five years with this new mindset. To succeed managers need to know their customers better than anyone. The way to accomplish this is to get as close to the customers as possible.

Management needs to spend time with customers and non-customers. Tesco and Panda Express require all levels of employees to work in the retail shops at least once per year. Employees achieve greater understanding of the customer and understand how their job fits into the larger picture as they interact with customers on the “front lines”. This customer focus is also noted with Tesco’s corporate value etched into the side of the headquarters: create value for customers to earn their lifetime loyalty.

Drucker provided four rules for organizations to ensure the customer is the area of focus.

  1. Go where the customers are (current, non)
  2. Invited customers and suppliers to meet with your people – no substitute for direct dialogue
  3. Use technology to enhance customer satisfaction
  4. Spend 2-4 hours per week focused on competitors (websites, stores, customers, etc.) – stay one step ahead or counter latest competitive threats

Understanding customers will allow you and your teams to develop innovative, market-leading solutions. You must focus on the customer to ensure long-term growth. To develop successful innovations, you must align offerings with customer needs. Managers’ market views are often distorted by the “thick walls” of the company. It is critical to get out of the office and interact with customers on their turf. In addition, innovation requires time to think and reflect. If you are only focused on what is in your inbox, you will not be able to develop new offerings to keep current customers and attract future customers.

An outside-in focus and looking at the future (not the past) all requires a change in mindset. It is extremely difficult to change others and especially long-held corporate culture and beliefs, it is much easier to change yourself. To truly succeed you need to understand your customers better than anyone and develop new, exciting offerings. Change your mindset, keep interacting with customers, and focus on a few things that need to be done for the organization. Concentrating on these key areas will allow you to have the time to think and create new ideas that can be developed into successful innovations.

Creative thinking and innovation require a disciplined and structured approach. Ensuring you provide yourself with time to think and create is crucial for long-term success. Change your actions and mindset. Stop focusing on non-value work. You will find new ways to provide innovation and value by interacting with customers and non-customers, having new experiences, and rethinking how you think. So get out of the office and come up with new ideas to develop the next great, market-winning innovation.

Using Metaphors to Gather Brand Insights

As someone who has conducted hundreds of market research and new product development projects, the challenge of believing what consumers tell us is often a gamble. Too often consumers tell us they love our new product concept but then they never buy it. The graveyard of new products is littered among countless research projects that “validated” how much customers love the new offering. As marketing professionals we need to find better ways to understand the complex world of consumer behavior.

I recently finished a great book by Gerald Zaltman, How Customers Think: Essential Insights into the Mind of the Market. Zaltman is a professor at Harvard University and is a leading authority on marketing, market research, and behavior. The book focuses on Zaltman’s research technique, Zaltman Metaphor Elicitation Technique (ZMET) which is used to understand brand image. Marketing professionals can gain new insights into consumer behavior beyond traditional methods of superficial research (e.g., questionnaires, focus groups) using metaphors to elicit deep insights.

ZMET is a hybrid methodology grounded in various domains, including verbal and nonverbal communication, visual sociology, visual anthropology, literary criticism, semiotics, mental imagery, cognitive neuroscience and phototherapy. The goal of ZMET is to gather metaphors and constructs and understand the relationship among them in relation to the research topic (e.g., brand, product). These metaphors guide people’s thinking on a specific topic (e.g., brand awareness). Often consumer’s thoughts and opinions are unconscious and cannot be expressed verbally (at least initially). ZMET provides a valuable insight into the consumer’s mind to identify true behaviors in relation to a brand or product. ZMET helps identify what really matters to consumers, allowing for effective marketing communications.

A metaphor is a representation of knowledge. It is a figure of speech in which a word or phrase is applied to an object or action to which it is not literally applicable. For example, I am buried in debt or My office is like an icebox or Bill is a night owl.

When customers think of brands, they often do this via imagery. For marketing professionals, using metaphors in advertising (which aligns with prospective customer metaphors) will make it much easier for a consumer to align with the brand or product. Researchers feel that metaphors are the most basic method of thought and communication. Thus the need to understand how consumers think in terms of metaphors is critical to developing deep understanding of how they perceive brands or products. A word of caution, as a marketer you need clearly understand the customer’s metaphors and their meanings in various contexts to ensure you use the correct metaphor in your marketing.

Zaltman developed ZMET after traveling to Nepal in 1990. He gave locals cameras and asked them to document their lives through images. Zaltman noticed that in all the pictures the feet were left out. He realized that bare feet and old, worn shoes represent poverty; therefore, everyone did not include them in the pictures. This was done subconsciously.

Images have meaning that cannot be expressed with words. These hidden emotional intentions are images framed with deep metaphors. The goal of eliciting metaphors from consumers is to understand the hidden meanings that make consumers tick. You want to obtain insights that determine real consumer behavior and thinking patterns which can be translated into effective marketing communications.

A ZMET project typically consists of about 15-20 individuals. They are given homework regarding the research topic (e.g., brand, product). The consumer collects photos and pictures of what the topic means to them. The benefit of having the individual choose the pictures themselves reduces any bias (i.e., the researcher does not choose the source of the photos). They bring in these pictures and are interviewed, individually, for approximately 2 hours. The interviewer guides the conversation to gather deep insights how the images relate to the customer’s perception of the topic. A digital collage of the images is developed. The collage and interview transcripts are analyzed and metaphors are identified.

Zaltman has identified seven universal metaphors; balance, transformation, journey, container, connection, resource, and control. These metaphors are consistent between different races, cultures, and ethnic groups. As most humans communicate non-verbally, using imagery to understand deep consumer insights is a powerful way to elicit competitive advantages. The next time you are planning a traditional research project, think about ZMET and how it can provide new insights to change how you communicate to your market. As Zaltman notes, researchers can obtain more impactful insights through approximately 15-25 one-on-one interviews than multiple focus groups.

“A lot goes on in our minds that we’re not aware of. Most of what influences what we say and do occurs below the level of awareness. That’s why we need new techniques: to get at hidden knowledge – to get at what people don’t know they know.” Gerald Zaltman

 

References

https://en.wikipedia.org/wiki/Zaltman_metaphor_elicitation_technique

http://olsonzaltman.com/zmet/

http://acrwebsite.org/volumes/7644/volumes/v21/NA-21

The Power of Ideas

      

I recently revisited Yoshihito Wakamatsu’s great book, The Toyota Mindset: The Ten Commandments of Taiichi Ohno. Taiichi Ohno was the incredible mind behind the Toyota Production System (TPS), the system that brought Lean into the mainstream and developed the foundation for one of the world’s largest and most successful automotive brands. Beyond Ohno’s innovative approach to manufacturing and leadership, he focused incessantly on the importance of creativity and ideation for continuous improvement.

Ohno was the godfather of continuous improvement (or kaizen, for all you Lean practitioners). He realized that to stay ahead of competitors and provide customers with amazing products, an organization must continually develop new ideas to grow and succeed. The goal was to never stop looking for new ways to improve the organization.

A classic Ohno quote is, “Improve further what you have already continuously improved. That is what separates true professionals from average workers”. He was an intense guy who pushed his teams to do the impossible. He taught his teams to never give up until a problem was solved. The way to do this was to keep developing new ideas. The power of ideas is what drives all improvement and innovation, something every company cannot outsource or do once-in-awhile. It must be an ongoing process. Ohno stressed this daily to his teams.

Where Ohno stood out was the mindset that new ideas and innovation had to come from the employees. It could not be driven top-down, but had to come from the people who were doing the work. The people that experienced a problem had to be the ones to solve it. To become a culture based on creativity and continuous improvement, every employee had to develop new ideas.

Every employee was expected to use their intelligence along with continuous improvement to improve everything, even those projects that many felt were impossible to achieve. Another Ohno quote provides insight into his mindset, “Impossibility leads to new ideas.” The difficulty of solving complex problems helps motivate workers to use all their intellectual possibilities. And, the only way to achieve goals was to start and try something (you had to try, not just give up with no effort). Don’t just say something is impossible, go out and try it and keep pushing until you solve the problem.

Unfortunately, too many leaders do not focus (or encourage) employees to keep improving themselves, their work, or the organization. Employees are not encouraged to improve the organization; rather just maintain the status-quo and “do their job”. Smart leaders encourage new ideas from everyone, in every area of the organization. These organizations encourage the development of new ideas, but also the implementation and monitoring of those ideas to determine the success (or failure) and to keep improving. It was not just to learn new methods, but put them into practice and test their effectiveness. Employees were continually challenged to keep improving and use creativity to outthink competitors and wow customers.

Ohno hated it when employees relied on others to solve problems or just procrastinate. Every employee was expected to find and fix problems and areas that needed improvement; proactive rather than reactive.

So how does this relate to your organization? Too often I ask audiences if their organization is innovative. Unfortunately, the majority of people never raise their hands. They feel their organization is not creative or innovative. You can see the frustration on their faces.

Unfortunately, most of us were never taught how to be creative. Most people feel that new ideas just happen or there are only certain people who can be creative and develop great ideas. The problem with this mindset is the majority of corporate assets (i.e., employees) are wasted, not leveraged to the maximum. Everyone can and must be creative. It is management’s responsibility to train, encourage, and challenge every employee to be creative and keep improving the organization.

So how do you create an organization that focuses on continuous improvement and developing and implementing new ideas? Well, the best way to accomplish this is from the top-down. For an organization to develop a culture of creativity and innovation, it must come from the top-down. Unfortunately, this rarely happens. So how do you improve your own world?

If your leaders do not see the critical importance of creativity and innovation within all aspects of the organization, start with yourself. It is extremely difficult to change other people. It is much easier to change yourself. Learn some simple creative ideation tools (e.g., Random Word, Biomimicry, SCAMPER), practice with some low-hanging fruit, and then share with co-workers. As you learn, share, and gain confidence, you will gain more apostles. The goal is to build an army of creative thinkers, one person at a time.

As Ohno always stressed, “Create an environment where your subordinates are always encouraged to formulate their own solutions through the process one step at a time.” Be patient but change your attitude from waking up every morning to just “go to work”, to waking up every morning and looking forward to creating new ideas and changing the organization. Don’t wait for your senior leaders to change and improve the organization, start with yourself.

“I want everyone to use your brain – you all must train yourselves so that you will learn to generate your own ideas for the most critical issues.” – Taiichi Ohno

“Do not fear failures and just give it a try – encourage them to repeat continuous improvement over and over.” – Taiichi Ohno

Communicating to the New Heartland

        

Last year I conducted extensive research throughout the Midwest and Mid-Atlantic states. The purpose of the research was to understand people who purchase and use four-wheel off-road vehicles (i.e., side by side vehicles (SxS)). For example, I met and interviewed owners of Polaris Rangers, Kawasaki Mules, and Honda Pioneers. I visited dealerships and stayed in local communities to gain a holistic perspective of these diverse communities.

From farmers to hunters, landscape companies to recreational users (e.g., trail riding), I met and interviewed hundreds of people. Living in California does not provide a realistic understanding of these potential customers. You need to meet them in their element. You need to drive the same streets they do, eat at the local restaurants they visit, and listen to their needs and frustrations. You need to sit in their kitchens and listen to their stories, go trail riding with them, and understand their purchasing behaviors and decision cycles.

I sat in freezing cold barns interviewing retirees who hobby farm. I drove with SxS owners on trails to understand how they use the products. And I met farmers to understand how the SxS vehicles help them get jobs done. It was a whirlwind of flying and driving thousands of miles, crisscrossing states for weeks at a time. It was a great excuse to escape the office.

The insights were used to guide new product development and help improve sales and marketing tactics. We wanted to create improved marketing messaging and imagery to better connect with this consumer base. After the exploratory research, I came across a great book that helped solidify our insights and helped develop our overall theoretical model of the situation.

Paul Jankowski wrote an excellent book titled, Speak American Too: Your Guide to Building Powerful Brands in the New Heartland. For marketers targeting the “Heartland” or rural America, this should be a required reading. It is a great read that presents a real and actionable overview of a target segment that most brands stereotype incorrectly or just avoid.

Jankowski is the President and Chief Strategist of The New Heartland Group (https://newheartlandgroup.com/). Located in Nashville, TN the New Heartland Group is a brand strategy, content creation, digital marketing and branded entertainment agency. The Group creates messaging and engagement platforms that connect with consumers in the New Heartland. In the book, Jankowski provides an excellent overview of this region and provides a guide for marketers to better engage with this untapped market.

The New Heartland consists of 26 states. Not just the Midwest, but outlying states that share the same values, beliefs, and activities. The list consist of Wisconsin, Michigan, Illinois, Indiana, Ohio, Missouri, North Dakota, South Dakota, Nebraska, Kansas, Minnesota, Iowa, southern Virginia, West Virginia, North Carolina, South Carolina, Georgia, Kentucky, northern Florida, Tennessee, Mississippi, Alabama, Oklahoma, Texas, Arkansas, and Louisiana.

The geographic profile of The New Heartland allows for a large agricultural economic base as well as opportunities for outdoor hobbies. These geographic characteristics (e.g., large tracts of land, flat and fertile earth, rivers, lakes) shape the mindset and activities of these people. The problem is that for most East and West Coast brand decision makers, they just don’t understand the region or people. It is extremely difficult to have a grasp of this segment without living there or spending a large amount of time interacting with these people. Most brands just don’t understand these customers and develop sales and marketing activities with outdated assumptions. Marketers continue to adopt past stereotypes which do not connect to these diverse customers.

So what should marketers do to improve the effectiveness of their marketing activities? First, read Jankowski’s book. Next, get out of the office and take a road trip. Meet customers on their own turf. Talk to them and understand their behaviors, needs, and wants.

The New Heartland is not just a bunch of white farmers. The region is comprised of a diverse group of people; different ethnicities, experiences, and desires. Jankowski identifies three key values which New Heartland people share openly in their daily lives:

  • Faith (not necessarily religion),
  • Dedication to local communities
  • Devotion to family (relationships beyond blood ties

Jankowski stresses the shared sets of values that people in The New Heartland live by. Unfortunately, many brands miss these key points. Focusing on faith (not religion), community (relationships/shared values), and family (relationships beyond blood ties) will allow marketers to engage much better. In addition, Jankowski notes Five Channels of Access for maximum engagement:

  1. Music – country, rock, etc.
  2. Food – BBQ, etc.
  3. Sports – college sports, NASCAR, youth sports, golf, etc.
  4. Outdoors – hunting, fishing
  5. Social Media

Too many brands focus on the East and West coasts, either ignoring the New Heartland or basing business decisions on incorrect assumptions. Reading Jankowski’s excellent book provides a guide to understand the region and its culture, as well as providing a blueprint to effectively design campaigns to engage with the people within this region. Speak American Too: Your Guide to Building Powerful Brands in the New Heartland is an excellent source of information to help reach and influence this hugely untapped customer segment. There are many opportunities for brands to enter new markets and properly engage with these customers.

From my personal experience, the time and effort to learn about this region was invaluable. Leveraging the new insights gained from the exploratory research resulted in the development of new sales and marketing strategies and tactics. In addition, the new insights provided learnings to improve segmentation and empower local businesses to better engage with several untapped customer segments.

I highly recommend Jankowski’s book. It is a great read and can provide excellent “nuggets” to improve your marketing activities. In addition, the book can be a great supplement to field trips to the region. One or two weeks driving around back country roads, eating at local restaurants, and engaging with people in their own environment provides learnings not gained from static data.

So, read the book as part of your exploratory research and hit the road! The New Heartland is waiting for brands that “get” the people in this region and provide them with solutions to meet their very diverse set of needs (compared to East and West coast attitudes, values, and beliefs). The more you understand these middle-Americans, how the geography helps shape who they are, and how their value structures differ from communities on the West and upper East Coasts, the better equipped you will be to succeed.

References

Speak American Too: Your Guide to Building Powerful Brands in the New Heartland by Paul Jankowski

https://newheartlandgroup.com/

https://www.forbes.com/sites/pauljankowski/2017/03/16/when-it-comes-to-the-new-heartland-seeing-is-believing/#b67c8e28d4ab

https://www.forbes.com/sites/pauljankowski/2017/01/06/series-exactly-where-and-what-is-the-heartland/

Side Hustle Time

  

It is never a bad time to start a side hustle. The ability to learn new skills, earn additional income, or help others is critical for personal and professional growth. A side hustle is not about quitting your job (at least not initially), it’s about starting a side project(s), in addition to your full-time job. Examples could be starting a landscaping business, house painting, building man caves, or teaching at a local community college. A side hustle does not have to take the place of your full-time job, but it can provide you with a platform to eventually operate your own business full-time (if that is your ultimate goal).

Starting a side hustle has many positives. The most notable benefit is additional income. A side hustle can provide a wide range of new sources of money (e.g., blogging, dog walking, writing, photography). Dependent on your goals, you might focus on an additional $500 per month, or thousands of extra dollars. Whatever the goal, be realistic and patient. Side hustles usually take time before you start earning money. However, the work you put into the new project will be well-worth the effort.

Another benefit is the ability to learn and utilize new skills. You might work a full-time job as an accountant but you love woodworking. Maybe your side hustle is building fancy dog houses. The ability to not disrupt your regular income stream, while doing something you love, is a great way to keep your skills sharp and provide new ways to stay creative and positive (it is too easy to get negative working in many organizations).

Staying sane is another important benefit. Too often you work in jobs or organizations that do not provide a challenging or engaging environment. The job makes you feel awful, or just bored or disinterested. The ability to leave “hell” each day and do something you love and which makes you feel great is incredibly important to your mental and physical well-being.

Not all of us can quit our day jobs. We have bills, responsibilities, etc. However, knowing that at the end of the day the “real fun” begins is a great way to change your attitude. For example, if you studied market research but cannot utilize the skills in your current organization, start a market research company and keep your skills sharp. Or volunteer at a local non-profit and use your research knowledge. The ability to practice your skills, help an organization you believe in, and gain new personal contacts is invaluable for future success.

In addition, starting a side hustle is great insurance for any disruption to your current career. What if you get laid off next week from your current job? Do you have at least 6 months of savings to live on? Are you prepared to apply for a new job, wait, interview, wait, don’t hear back, etc? The job market is tough and finding a new job takes time. Don’t wait for bad times. Starting a side hustle can help buffer any unexpected disruption with your current career.

Also, the ability to earn additional income as you age is another great benefit of a side hustle. Most of us will need to work later in life. Doing something you love which provides additional income is a great way to offset future medical expenses or allow you to have amazing vacations every year (why live on a strict budget when a bit of extra effort can result in great gains). The more you apply your skills outside your current job, the less stress and frustration you will experience with your day-to-day job, and live a much better life.

There are some negatives associated with side hustles. Excessive focus on a side hustle can jeopardize your full time job. You don’t want to “drop the ball” on your main source of income while building the side gig. You need to make sure the side hustle does not creep into your 9 to 5 world. You don’t want your boss getting upset as you work on the side hustle during normal business hours. Work on the side hustle before or after work hours, or during lunch. Do not provide the “corporate rumor mill” to accuse you of working on your own business during “company time”.

Another negative is time. Starting a side hustle takes a lot of time and effort. If you are serious about your side hustle, you need to realize that many things will need to take a backseat as you build the new venture. Forget about TV and Netflix. Forget about spending hours per day on social media (unless you are using it for your business). Forget about watching 8 hours of football on Sunday. You need to focus on time management. You have to continually plan how you will divide your time between work, family, friends, and the side hustle (and you need to schedule some downtime). Use tools such as a daily planner, checklists, or other ways to ensure you are effective and efficient with your time.

When is the best time to start a side hustle? Now! Don’t wait. Don’t procrastinate. Just jump in and start. Stop reading book after book on the topic you love, and start applying your learnings. You are only on this planet for a finite number of years – so don’t waste time. The sooner you begin, the quicker your side hustle will allow you to achieve your goals. In addition, you do not want to be 90 years old sitting on your porch, wishing you tried – don’t become a cliché. Don’t wish and dream; do.

No matter your success, you will learn and grow as you focus on the side hustle. Don’t get disappointed if you fail or things take much longer than planned. Building a side hustle is a marathon, not a sprint. If you love your current job or hate it, a side hustle is a great opportunity to grow. The ability to learn new skills, share your skills with others, and earn additional income is a great way to leverage your free time.

So stop making excuses. Stop wasting time. Live your life and do things you love. You only live once, so do not let this opportunity pass.

The System of Profound Knowledge

Global business is becoming increasingly volatile and competitive. These massive changes are due to socio-economic issues, changing demographic needs, and the ever-quickening advancement of technology. In this chaotic and extremely competitive environment, leaders need to focus on continuous improvement throughout the entire organization.

Leaders need to ensure the organization is positioned for long-term success. Dr. W. Edwards Deming, primarily known as the God of Quality and the usage of statistical control techniques, focused on areas where management needs apply energy; understanding of statistical control techniques, the realization of everything being a process, and the importance on focusing on people, not technology, costs, or other variables. Deming felt that true organizational change had to come from the top-down.

Through his many years of teaching and consulting, Deming developed his System of Profound Knowledge. The system was composed of four key areas to direct management in the process of driving improvement and change throughout an organization. Deming felt that along with the use of statistical control techniques, management need to focus on the following four items.

  1. Appreciation of a system: understand the entire process, include customers, suppliers, etc., and understand how all interact with one another; think of a system as a single entity with all elements working together; the system needs to seek a steady state of operation which determines overall output
  2. Knowledge of variation: understand statistical sampling in measurements; understand the difference between common and special causes of variation; constantly seek a steady state with minimal variation
  3. Theory of knowledge: the concepts explaining knowledge and the limits of what can be known; knowledge must follow theory
  4. Knowledge of psychology: concepts of human nature.

These four points interact with one another. You cannot use one and not the other. Applying these four items focuses on managers to see everything as a process, everything is within a system, and all things are accomplished by people. Management needs to understand that people get things done. In addition, all people are different so a manager must be aware of the differences and ensure the overall system is developed so all individuals can succeed.

In addition to these four points, Deming also developed his 14 Points for Management. These points were presented in his book Out of the Crisis. These 14 points are recognized as the foundation of the total quality management (TQM) movement. These points should be applied in conjunction with the System of Profound Knowledge four key points. The System of Profound Knowledge is the basis for application of Deming’s famous 14 Points for Management, described below.

  1. Create constancy of purpose for improving products and services.
  2. Adopt the new philosophy.
  3. Cease dependence on inspection to achieve quality.
  4. End the practice of awarding business on price alone; instead, minimize total cost by working with a single supplier.
  5. Improve constantly and forever every process for planning, production and service.
  6. Institute training on the job.
  7. Adopt and institute leadership.
  8. Drive out fear.
  9. Break down barriers between staff areas.
  10. Eliminate slogans, exhortations and targets for the workforce.
  11. Eliminate numerical quotas for the workforce and numerical goals for management.
  12. Remove barriers that rob people of pride of workmanship, and eliminate the annual rating or merit system.
  13. Institute a vigorous program of education and self-improvement for everyone.
  14. Put everybody in the company to work accomplishing the transformation.

For a well-run system, management must understand and support the use of statistical controls to eliminate variation. These points can be used in all areas of the organization; production, engineering, marketing, customer researcher, etc. This mindset and approach to business are opposite of the way most organizations operate.

Too often leaders will not break with tradition nor upset the status quo. For true change and success, leaders need to embrace change, creativity, and innovation to develop competitive advantages. Doing what you have always done is not sufficient.

The need for a forward-thinking leader with the courage to break from the status quo is required. Ongoing support, training, and the understanding of the different components to eliminate variability will result in a stronger, well-run, people-focused organization.

Deming’s theories and teachings were one of the main reasons for Japan’s post-WWII success. In addition, Deming helped turn around Ford Motor Co. after the era of cost reductions from Robert McNamara and his “whiz kids”. Deming’s teachings resulted in the all-new 1986 Taurus that was the first product that used customer research before product development started. The success of the Taurus also demonstrated Ford’s commitment to quality.

I highly recommend reading Deming’s books and his various papers. Don’t be intimidated by the focus on statistics. Developing an understanding of the importance of measurements and controlling variability is critical for continuous improvement. Management must understand that everything is a process, and must be viewed as a system of inter-related parts. The more you think of everything as a system, change can be fun and engaging. Employee morale will improve, quality will increase, costs will decrease, and overall operational tempo will be much higher. As a combination, these are difficult for competitors to replicate.

References

  • https://deming.org/
  • https://en.wikipedia.org/wiki/W._Edwards_Deming
  • https://asq.org/
  • The New Economics for Industry, Government, Education by Deming
  • Out of the Crisis by Deming
  • The Essential Deming by Dr. Joyce Orsini
  • Drastic Changes for Western Management by W. Edwards Deming
  • Management’s Responsibility for the Use of Statistical Techniques in Industry by W. Edwards Deming
  • What Happened in Japan? By W. Edwards Deming
  • Report to Management by W. Edwards Deming
  • On the Use of Theory by W. Edwards Deming

Market Research: Biases and Ethics

When conducting market research (MR), two key areas to be aware of are biases and ethics. Bias is defined as prejudice in favor of or against one thing, person, or group; typically in an unfair way. Ethics are the moral principles that govern your behavior or how you conduct an activity. In this age of fake news, it is critical to ensure your research minimizes bias (yours and respondents) and you conduct ethical research. Conducting your research with minimal bias and with an ethical behavior is critical as a provider of market information to drive decision making, solve problems, or identify new opportunities.

Biases

You need to be aware of bias when conducting market research (MR). It is very easy to allow your biases to influence your research. Your biases can affect how you plan your research, design the research study, write your questionnaire, or interpret data. You must stay objective.

To avoid bias or uncover it when reviewing someone else’s research you must use critical thinking to analyze and evaluate the data and findings. Ask questions such as, who developed the research, why was it conducted, how was it conducted, etc. Think critically, carefully judge the results and conclusions, use logical reasoning, and be very objective. Keep emotions in check and maintain an open mind. During secondary research, do not let findings cloud your objectivity as you conduct your exploratory qualitative research.

During qualitative and quantitative data gathering, bias typically occurs due to how you word questions. Bias also occurs how you ask the questions. Therefore, avoid using biased language that encourages respondents to choose a specific answer or response. For example, do not use positive language such as “do you agree with …” The positive language will possibly sway the interviewee.

The same can happen with negative language or leading questions. You want to avoid influencing respondents in any way. For example, “If you found out your motorcycle was built with inexpensive and questionable parts from China, would you change your mind about Japanese motorcycles (Weston, 2009)?”

Leading questions can prompt or encourage a specific answer. For example, Isn’t it true that Japanese cars are more reliable than American-made automobiles? or “Don’t you agree that providing children with mandatory healthcare is a right of every citizen?” or “How would you rate career of legendary football quarterback Joe Montana?”.

During qualitative data gathering, maintain a relative level of anonymity and neutrality. Do not share too much personal information with the people you are interviewing. You can introduce bias if attendees know facts about you such as you were born in a foreign country, you are a Democrat, you hunt, or other personal information. Knowing about you and your beliefs can cause interviewees to stereotype resulting in agreement or disagreement with what you ask. Also, be cognizant of what you wear during the research. If you are interviewing farmers in Nebraska, you probably don’t want to display tattoos, piercings, or wear a t-shirt emblazoned with a Democratic senator’s face on it. Don’t take the chance, be neutral. Your job is to gather information, not present your opinions. Also, don’t ask about past events. Another bias to avoid is selection bias.

Human’s memories are not very accurate. Recall bias may occur causing past events to be remembered differently, skewing results (Wheelan, 2013). For example, if you ask someone how he or she felt when they first rode a motorcycle 25 years ago, you will not get an accurate response. They might remember it as a joyful experience, but at the time, they were very scared and did not want to ride. Human memory is fragile, try to avoid historical questions as much as possible. If you include historical questions, provide cues to assist the respondent in remembering past events . Recent experiences are typically more accurate than past events.

Selection bias (sometimes referred to as sampling error) occurs when you select a sample that is not representable of the population (it weakens external validity, or the ability to generalize the results to the overall population). It can easily cause the sample to provide inaccurate or misleading information. For example, you want to survey people on the general attitudes of U.S. citizens towards gun ownership. If you only survey white males, over 55 years old, and living in southern Arkansas, there is a strong probability your results will note strong, positive attitudes toward gun ownership. For a proper understanding of U.S. citizens’ opinions on gun ownership, you need to sample a wide range of people, from different ethnic groups, and geographical locations. To avoid selection bias (and potentially inaccurate results), have several people review the sampling procedure to ensure no issues are identified (before you conduct the research).

Most importantly, strive to be objective in every aspect of your research. From planning to writing surveys to choosing a sample and interpreting data, the only things that matter are your objectivity and integrity. Be viewed as someone who honestly reports what is happening in the market, not sugarcoating bad news or trying to get something you want to be approved. If you gathered the data objectively and it agrees with your hypotheses, then your intuition was right. However, always let the data guide decision-making (along with subject-matter knowledge and intuition). Lastly, have several people review your discussion guide or questionnaire; this will help identify and eliminate any potential issues (before you conduct research).

Do not allow your experience to bias your research. Begin  your research with naivety and an open mind. Also, be extremely ethical in how you conduct your research. Ethics play a major part in research. Your integrity and ethical behavior and actions are what communicates your reputation as a source of accurate and reputable information.

Ethics

Ethics are the moral principles that guide an individual’s behavior. As a market researcher, you must conduct yourself with honesty, fairness, and confidentiality (MRA, 2013). Most importantly, you must always treat respondents with respect and in a professional manner (MRA, 2013). You need to handle respondent data with confidentiality. Your integrity as a trusted source of information is dependent on your professionalism and objectivity. You must always report your MR results accurately and honestly (MRA, 2013). The following are a few areas to pay attention when conducting MR. Most importantly, have empathy and respect for participants.

Avoid invading the subject’s privacy. Maintain respect and confidentiality of your respondents’ personal information and data (Graham, 2003). As organizations collect an increasing amount of consumer data, you must honor respondent requests. For example, if a customer requests to be removed from an email list, remove her information. Don’t frustrate customers.

Breaches of confidentiality is another ethical issue for researchers. Sharing customer information without their permission is unethical and can often result in legal penalties. For example, you sell your customer data to another company, and they solicit business from these customers. Never share respondent information without permission.

You need to be transparent; honor all promises to respondents (MRA, 2013). For example, do not cloak MR as a covert way to sell your products or services. Research should be a stand-alone activity that focuses on gathering data to answer questions and drive business decisions. Never allow sales pitches or product endorsements during your research.

Most importantly, your research should never harm. Do not harm subjects (physically or mentally) when conducting a field experiment. For example, you perform a taste test between two beverages. You do not inform the participants that the drinks contain alcohol. One person has an adverse reaction to alcohol and goes to a hospital. A second subject was a recovering alcoholic and now begins drinking again. Not clearly explaining the research to respondents can result in harmful effects on participants and flawed results. Approach your research with the mindset that if your study were shared on national news, your friends and family would be proud.

Another way researchers conduct unethical research is with lengthy qualitative data gathering sessions. For example, you recruit focus group participants for a 90-minute session. At two hours, you keep asking questions and explain that you only need a few more minutes of their time. After 180 minutes, attendees start complaining and state they do not want to participate any longer. You must protect the respondents’ rights and respect their requests. Your research should not adversely affect attendees.

Never lie and subject individuals or groups to unreasonable research tactics. No matter how many executives are behind the one-way mirror and keep requesting additional questions, it is your job to focus on the attendee’s health and well-being and treat them accordingly. Keep respondents happy and you will be able to contact them later for future research studies.

Ethical behavior is critical in every aspect of the business. However, as a market researcher, you are beholden to higher standards and trusted with customer’s confidential information. Always conduct MR ethically. Don’t lie to respondents, don’t manipulate the data to tell a story, and most importantly do not design a research study to support personal agendas.

Conclusion

Ensuring your MR has minimal bias and is conducted with a high level of ethical behavior is critical for a successful project. Minimizing bias with awareness, critical thinking, and careful planning will ensure you collect valuable information to inform decision makers, help solve problems, or find new market opportunities.

Ethical research is critical to your reputation as a source of objective and accurate data. Never take “short cuts” or deceive when planning and conducting research. Avoid negatively influencing participants with leading language, deceitfully worded questions, or field experiments that are “gamed” to produce a desired result.

As a market researcher, it is your obligation as a trusted source of information to gather data and present it accurately. Holding yourself to high standards will ensure you have a strong reputation as a trusted source of valuable information that strives to improve the organization, rather than political or personal gains. Always ask questions to ensure your research plan, questionnaire, analysis, etc., is unbiased and conducted ethically.

 

Podcasting 101

         

Are you trying to promote yourself as a subject matter expert (SME)? Do you want to share tools and techniques to help people succeed? Do you need a way to build awareness but have a small budget? Have you thought about starting a podcast?

The last several months I have been learning to podcast and developing episodes for a June launch (I plan to have ten episodes uploaded to provide immediate content for listeners). I thought I would share my experience to help you pursue this path with minimal pain and expense. If you like sharing information and want to expand your reach and increase awareness, podcasts are a great way to get noticed and build your business.

Podcasts are growing in popularity and are an economical way to create and distribute regular content. So what is a podcast? It’s an episodic series of digital audio. You record an episode, upload it to a web host, and people listen to it on computers, phones, etc., anytime, anywhere. Pretty simple.

Just like terrestrial radio but on the internet. The best part is you have total control of your content, production, etc., unlike radio which has editors, is difficult to get on, and has a lot of legal restrictions. Podcasts are the wild west of the new age of digital media.

The best part of starting a podcast is you can talk about any subject. You also don’t need any fancy equipment. Just use your smartphone’s voice recorder, upload the file to your computer, edit it, and upload to your web host. The production level won’t be very high, but it is a great way to “dip your toes” in the world of podcasting without spending money. Here is a great article to show you what you might need (https://www.omnicoreagency.com/best-podcast-equipment/).

Once you get some experience and decide you really want to do this long-term, you will need some higher-end equipment. There are many different levels of equipment (e.g., price, performance), from a few hundred dollars to a few thousand, and a lot in between (https://www.podcastinsights.com/podcast-equipment/). Podcasting will not break the bank. I highly recommend you watch lots of YouTube videos and read various blogs (as well as listening to a lot of podcasts) to figure out what works best for you. I am a total geek, so I read lots of books, watched hundreds of videos, and listened to hundreds of podcasts to learn this really cool digital media platform.

What pulled me in to the podcast world was my love of comedy. Comedians are the pioneers in this relatively new medium. Comedians such as Marc Maron (http://www.wtfpod.com/), Adam Corolla (http://adamcarolla.com/), and Joe Rogan (http://podcasts.joerogan.net/) led the charge. They realized they could control the content and the medium while providing content their fans enjoyed.

Other comedians followed and realized the benefit to their careers. Comedians such as Tom Segura and Christina Pazsitzky (http://www.yourmomshousepodcast.com/), Bert Kreischer (http://bertcast.com/), and Ari Shaffirr (http://www.arishaffir.com/category/podcast/) built massive followings that turbocharged their careers. The majority of comedians have podcasts – good or bad.

Many celebrities have also started podcasts to build new audiences and additional income streams. Professional wrestler Steve “Stone Cold” Austin has a great podcast (https://www.podcastone.com/Steve-Austin-Show), actor Dax Shepard just started his podcast (http://podbay.fm/show/1345682353), and historian Dan Carlin has one of the best history podcasts (https://www.dancarlin.com/). Most of these podcasters create their episodes in their homes. It doesn’t take a fancy studio or expensive studio-grade equipment. You just need passion for your topics and to produce great content.

When creating episodes, the following is a very high-level to-do list.

  1. Decide on a topic
  2. Create an outline or script
  3. Record
  4. Edit
  5. Upload
  6. Share
  7. Promote

Develop a theme you want the podcast to cover (e.g., business, history, car racing, model trains). Make sure you have a clear target audience and know what they like to listen to (e.g., topic, length of episode). Dependent on the type of podcast you decide to create – interview people, share information, discuss various topics, etc., you will need to do the following.

Podcasts take a lot of work. You need to create and post new content weekly. You want fresh content to keep listeners coming back each week, as well as ensuring you are found during search results (Google search loves fresh content).

It requires new skills (e.g., recording, editing, promoting). The benefits will help you develop your business or improve your skills at your current organization. For example, the ability to create audio and video content allows you to transfer the same skills to your market research reports, new product requests, etc. The more interactive your content is, the higher the overall engagement.

Here is a rough overview of how I am figuring out the podcast world. I knew I wanted to do this and wanted a well-produced show, but on a budget (except the microphone and recorder). I did not want to pay someone every week to edit and produce my shows; I knew I could do it myself.

My podcast consists of weekly episodes focused on business strategy and innovation topics. The podcast is not focused on interviews, so I do not have to worry about finding guests. I just need a weekly topic that will help people become much better at business.

I purchased the following equipment (along with estimated expenses):

  • Zoom H4n Pro recorder w/extra memory cards – $220
  • Zoom H4n Pro accessory kit – $50
  • Heil PR40 microphone, boom arm, C-clamp mount, shock mount, cables, pop filter, and windscreen – $500
  • External hard drive – $150
  • Sony MDF7506 Pro Headphones – $80
  • Logo – $65

The total I’ve spent is about $1,000. The Zoom recorder and Heil microphone are high-end, but I decided to spend the extra money as I wanted high-quality sound to provide a professional image. In addition, I knew I was going to do this for a long time and wanted to invest in good equipment up-front.

You can start your own professional-sounding podcast with a lot less money. There are some great microphones for about $100 (a Blue Yeti microphone is excellent and only $130) and you can record directly into Audacity, so no need for a recorder.

You can also buy a low-cost mixing board for about $75, to allow you to ensure your audio levels are perfect (I use the Zoom recorder for this). I like the mobility of the recorder to take on the road and be ready to develop episodes or interview people on a moment’s notice, so there will be multiple uses.

I’ve spent the last few months learning Audacity, free audio editing software. There is a lot of audio editing software available but Audacity is easy to learn and gets the job done – for free. I also practice every day to improve my on-air voice – try to eliminate awkward pauses, weird mouth noises, etc. (just become good at speaking into a microphone).

I hired someone from www.Fiverr.com to create a logo. This logo will be used on iTunes and other places I upload my episodes, as well as my website. In addition, I will use it for my microphone cube, to look really cool during video episodes.

I also plan to hire someone to record a professional sounding intro and outro for each episode. A professional intro keeps people engaged while a professional outro reminds listeners where to find additional information, how to subscribe to the podcast, and share various calls-to-action (CTA).

If you have a website created in WordPress you will need the Blubrry plug-in to handle the files (https://www.blubrry.com/). You also need a web host for your files (such as Libsyn (https://www.libsyn.com/)). It takes a little work to figure out how to use these, but there are plenty of great videos to help you get started.

Don’t freak out. This is not really difficult, just takes some time and a plan. The more organized you can be while developing the podcast, the easier it will be.

Each episode consists of several different audio tracks:

  • Professional intro
  • Background music
  • Episode intro
  • Episode
  • Background music
  • Episode outro
  • Professional outro

I am still developing the “design” of the podcast, but using seven separate tracks in each episode provides a professional and engaging podcast. I drop each track into Audacity, set the various settings (e.g., normalization, compression, equalization), combine each with proper fade-ins and fade-outs, and develop informative show notes.

A few months before I launch the podcast I will interact on various groups or forums (e.g., Facebook, LinkedIn). Daily interactions will help “prime the pump” prior to my full launch – get people to notice me as a reliable source of business information. Then in June I will post within the various groups and forums about each episode. Each weekly episode will also be supported by a related blog post and video. I also have a detailed content calendar to ensure a continuous stream of daily and weekly information.

I try to be as efficient as possible, so when I am developing each script, I leverage the content to write my blog post and record videos. I am able to develop and create multiple pieces of content by myself, without the need to outsource. I am serious about growing my training and consulting business, so I do all this work during my lunch hour and at night and weekends (I currently have a 9 to 5 job). I have basically given up TV, though still read a lot.

It takes time and dedication to create a weekly podcast, but I have a lot of fun developing, recording, and editing each episode. In addition, I now have several new skills to leverage for future job opportunities. I am using my free time to learn new skills and develop my side hustle (which I hope will become full-time).

If you want to create a platform for a future side hustle (e.g., training, consulting, teaching, market research, writing), you need to be serious and dedicated. If you really want to do something you love, you have to put in the time and effort. If you are not familiar with podcasts, listen to a few of the ones I mentioned or topics that interest you. Watch a lot of YouTube videos and see if this is something you want to do.

Just remember, it takes a lot of consistent work but the rewards can be great. You need to be a lifelong learner. Learning how to create podcasts will provide you with great skills and ways to avoid spending money outsourcing (it will also provide new skills to increase your value within your organization). The more you practice, the better you will become and it will be easier – like anything. You just need to create a daily, weekly, and monthly habit. Have fun and share valuable content to new audiences all over the world.

 

References

https://www.zoom-na.com/

https://www.audacityteam.org/

https://heilsound.com/

https://jrelibrary.com/articles/joe-rogan-experience-podcast-equipment-studio-setup/

https://www.libsyn.com/

https://www.blubrry.com/

https://www.bluedesigns.com/products/yeti/

http://www.conversationsnetwork.org/levelator

Inbound Marketing and Product Management – Part II

The market is getting increasingly competitive and dynamic. Consumers are inundated with a constant flow of information. It is becoming harder to get people’s attention and turn them into qualified sales leads. Worse, marketing departments are operating with smaller budgets and bare-bone teams. So, how do you get through all the noise to reach and engage with customers? Inbound marketing.

Inbound marketing (also known as content marketing) focuses on creating, publishing, and distributing specific content for a targeted consumer segment (focus on providing free content). The focus is on providing high value content to a clearly defined audience to demonstrate you are an expert in your field, your product aligns with their values and lifestyle, and provide fun/entertaining content. Types of content that are very effective within content marketing are:

  • Blogs
  • Podcasts
  • Videos
  • Infographics
  • eBooks
  • White papers

Why Inbound Marketing?

Why adopt inbound marketing? Consumers are constantly searching for sources of information they can trust. They don’t want a hard sale. They want honest and insightful content to learn more and improve their lives. Inbound marketing replaces high pressure sales tactics, as customers are already primed to buy your products or services after absorbing your content (no further selling required). The trust you developed from your consistent content feeds makes sales conversions much easier.

Inbound marketing replaces hard selling with value that customers desire. Inbound marketing is not about sharing useless information. Your goal is to pull customers in and provide relevant and valuable information they find critical to get their jobs done. The content you create helps to improve awareness of your offerings and educates consumers.

There are multiple ways to succeed with inbound marketing. First, know everything about your customers. Get out and talk to them and develop personas to share with teams. Second, make sure all your content is based on keywords to drive search engine optimization (SEO). You want to develop ways to drive traffic to your website, collect leads, and close sales content marketing is a critical component of SEO. A strategy based on clear links, individual landing pages for each offering, and simple call-to-actions (CTA) to convert leads allows your loyal customers to get everything needed from you.

What it Takes

Inbound marketing is not easy. It takes a lot of work to consistently develop valuable content. The first step is to understand your target customers. What do they want? How do they consume information (e.g., mobile, TV, video, white papers)? Where do they consume information? Understanding your target customer and developing content that meets what they want and located where they consume, is critical.

Most inbound marketing is provided online. The goal is to create an infrastructure that keeps consumers returning to your various content platforms (e.g., blog, podcast, video, eBooks). You can also develop hardcopy books, workshops, and speaking engagements to engage in-person. The combination of online and in-person interaction provides multiple avenues to develop relationships and build your business.

Adopting a inbound marketing model requires skills not typical of a marketing team. The first step is a careful understanding of your target customers. In addition, journalism skills are critical to ensure well written and produced articles, white papers, case studies, etc. Content development requires strong writing skills, creativity, and a deep understanding of targets. Don’t stress over technology. It is easy to learn or relatively inexpensive to outsource.

The other requirement is a consistent schedule of content. You want to develop habits (for yourself and your customers) to deliver and receive valuable content on a regular basis. Teams need to develop content calendars to ensure ongoing delivery. You must provide daily content to maintain engagement.

Students and Individuals

And for you aspiring marketing professionals or someone looking to change careers or build a side gig, inbound marketing is a valuable tool to display your talents and skills. Creating a blog, podcast, or video series to share your knowledge is an excellent way to demonstrate your skills, talents, and value to recruiters and hiring managers.

The skills inbound marketing requires are vital for a successful business career. The daily requirements to create new and interesting content creates powerful habits to improve your writing, design, and research skills. The more you create the better you will become in your chosen profession or to build a successful side gig. Consistent writing and ideation will create a powerful foundation for a successful business.

Resources

There are great resources to help you get up-to-speed quickly. Gary Vaynerchuk (https://www.garyvaynerchuk.com/) is one of the leaders in this movement. His book Crush It! is an excellent guide to leverage content and social media.

Other great sources of information are Content Rules by Ann Handley and C.C. Chapman as well as the many books from David Meerman Scott (https://www.davidmeermanscott.com/). Check-out the Hubspot Academy (https://academy.hubspot.com/) to strengthen your skills. Don’t spend too much time learning and researching. Just jump in and start creating. The more you practice (and learn) the better your content will become.

Joe Pullizzi’s book Epic Content Marketing (http://www.joepulizzi.com/books/) is another great resource. Also, listen to podcasts to understand this medium. In addition, always develop content that you would pay for. If you would pay for it, then offering it for free provides a higher level of value. Develop content your targeted audience wants to read, listen to, and watch. And provide it for FREE.

PROS and CONS

Benefits of inbound marketing are:

  • Increase sales
  • Reduce internal costs (e.g., less paid media)
  • Loyal customers

The detailed work of creating ongoing content creates a more engaged and creative workforce who clearly understands the customer’s desires. Building an internal army of creative producers is a long-term investment in future success. The more your employees understand your customers’ needs and constantly develop new, creative ideas to engage them, the higher probability of long-term success.

Negatives include:

  • Time to develop new skills (writing, video production, audio production, etc.)
  • Challenge of leveraging keywords and SEO in all content
  • Difficult to clearly understand target customers

The mindset to move beyond paid media is also difficult for many to accept (especially those who have been practicing traditional marketing for many years). TV is not dead, yet, but has much lower return dependent on specific demographics. If you do not have a budget for consistent national advertising, content marketing is a great alternative to the high costs and low conversion rates associated with mainstream medium. In addition, clear goals and objectives need to be defined to communicate success. You will need to convince leaders that inbound marketing takes more effort, but the returns are potentially greater at less cost. Identify several key measures to track and determine what is working.

Overall, the PROS outweigh the CONS. Instead of wasting resources on a shotgun approach to marketing, your targeted content and media will have higher ROI as you focus solely on targeted customers. Start small – maybe one product or sub-segment. Measure, test, and experiment to understand what works (and doesn’t). The more you understand your customers – what they want and where they want to access it – the more engaged they will become as you continually deliver high-value content that meets their needs.

Conclusion

Overall inbound marketing is an excellent strategy to engage with customers. As more and more organizations focus on targeted customers, the ability to directly engage with timely and valuable content will help to increase engagement and result in more effective leads (and easier conversions). Adopting inbound marketing can be intimidating, but with a disciplined approach to understanding your customers, developing internal skills, and delivering ongoing, timely content will create strong differentiation and competitive advantages.

No matter the goal – corporate marketing or personal brand promotion – inbound marketing works extremely well. Also, many organizations are still behind with the power of inbound marketing. You can quickly move ahead of competitors as you engage in a more intimate way with customers..

Start slow. Write a blog and post interesting content on social media. Then move into podcasting or video production. Podcasts are easy to do and interviewing guests can bring new visitors to your website. In addition, videos are the future. Making high quality short videos that engage with customers has never been easier. Software such as Camtasia (https://www.techsmith.com/) or iMovie (https://www.apple.com/imovie/) allows anyone to create professional looking content with little practice. And you don’t need any special equipment to start. Just use your smartphone and imagination. Create fun and engaging content every day.

As you dive into inbound marketing, you and your team will have endless ideas to create great, informative, and engaging content for a specific audience. Developing natural inbound leads is the power of inbound marketing. Potential customers will find your content, embrace its value, and be convinced to use your solutions.

Don’t wait, start now. It is as simple as getting out of the office, talking to potential customers, and creating great content. Now go out there, and Crush It!

References

http://contentmarketinginstitute.com/what-is-content-marketing/

https://www.hubspot.com/