Branding Fiasco -- Better Be Who You Say You Are!

Written by Eileen McDargh, CSP, CPAE


Continued from page 1

Supervisor:(calmly) "I am sorry. Let me give you a different number thanrepparttar one you have been calling. You need to callrepparttar 106113 office for AT&T 1-800 Easy Reach.

"Easy Reach?!??!?" Who are they trying to kid! I call this "Impossible to Reach".

Branding Lesson #1: Your name sets up an expectation. Live up to it or suffer. There is a promise established in what we advertise and name things. Southwest Airlines had thought to create a baggage claim delivery time slogan. Then they realized that due torepparttar 106114 configuration in a few of their terminals, to quote such a time was almost impossible. They droppedrepparttar 106115 campaign even though it would have been true in MOST of their sites.

Branding Lesson #2: Your business sets up an expectation. If you don't deliver for yourself - how can you deliver forrepparttar 106116 customer? A phone company that doesn't answerrepparttar 106117 phones is a scary thought. We'd expect it of any other business, butrepparttar 106118 phone company!! If you own a paint store and your store is in sorry need of paint, what does that say? Ifrepparttar 106119 waiters in a restaurant cannot tell you about food onrepparttar 106120 menu because they never get to eat it, what does that say? Look at your business with critical eyes. Would you do business with you?

Branding Lesson #3: The past never counts. The present createsrepparttar 106121 brand. It isrepparttar 106122 actual in-the-moment experience that creates a brand in a customer's eyes. Brand is a living entity that is re-earned, renewed, or revoked with every interaction. Advertising only creates awareness. I am convincedrepparttar 106123 very best, most unique, most competitive maker of a "brand" isrepparttar 106124 well-trained, empowered employee who can disregard systems and procedures in order to continue a human interaction. As more organizations substitute technology for people,repparttar 106125 company that answers its own phone and get humans connected in short order will winrepparttar 106126 day.

(c) 2003, McDargh Communications. All rights reserved.

Reprints are appreciated and must include byline, contact information and copyright.



Eileen McDargh is founder of McDargh Communications, a consulting and training company specializing in inner and interpersonal skill development for the purpose of improving the life of a business and the business of life. Visit Eileen at http://www.EileenMcDargh.com or www.theresilientspirit.com.


Home Depot's Fix - Is It Really In One?

Written by Alan Fein


Continued from page 1

While Home Depot has made some moves towards improving customer service, announcing greater staff training and its expansion intorepparttar latest bathroom fixtures and rugs. Many analysts are too quick to judge these shifts in business tactics. HD's move into bathroom fixtures and rugs is aimed right at " Mrs. I want a better looking home." Its not men who have concern over bathrooms, except thatrepparttar 106112 toilet will flush properly and few mean really care aboutrepparttar 106113 rugs that go in them.

But Mr. Nardelli's not Home Depot. Nardelli's assembled a small army of key management while quietly managing to combine new thinking withrepparttar 106114 old. His tactic is not a new one but it's a task few would undertake if given that opportunity.

Axcess Business News believesrepparttar 106115 market pundits and institutional investors are too quick to judge this company's future and added Home Depot's stock to its Stock Guide's "best picks column"repparttar 106116 last week of Dec 2002 with a "very positive" view towardsrepparttar 106117 stock. Axcess Business News is holding that view in an even stronger light in lieu of its share's recent downturn this Friday.

The company blamed weaker-than-expected sales of hardware and power tools overrepparttar 106118 holidays for its latest troubles, asrepparttar 106119 stock fell 14 percent to its lowest level in nearly five years on Friday, a day after it warned that fiscal 2002 earnings would fall short of earlier estimates and that sales at stores open at least a year could drop as much as 10 percent inrepparttar 106120 fourth quarter.

Home Depot is not alone in lower retail sales forrepparttar 106121 4th quarter. The entire retail sector lagged throughrepparttar 106122 Christmas season with few exceptions, like JC Penny's (NYSE: JCP), which had also been one ofrepparttar 106123 companies Axcess Business News had selected for its "best picks column", ahead of Bear Stearns' recent applaud by nearly two months. Axcess Business News dropped coverage of JCP last week as Stearn's released its views as stated above, supportingrepparttar 106124 "best picks column's" 18th week of advancing market picks successfully.

This reporter is for Home Depot, as is Axcess Business News. I expectrepparttar 106125 market to rise in its favor inrepparttar 106126 coming period as Nardelli's "fix-it team" quietly moves forward with its repairs.

Axcess Business News will continue to report onrepparttar 106127 fix ofrepparttar 106128 home improvement industry and these companies activities for our readers. Watch your in-box for any news alerts on this and other late breaking business news. If your not a member, consider subscribing now and you can get these great market alerts too!

Go to http://www.theaxcess.net and subscribe now! Its free!!

Alan writes a daily column for Axcess Business News called Market Axcess. And he'd really like it if you click on that link and tell his editor how much you like his work so he gets a raise! (just kidding) I would like it if you visited the site, http://www.theaxcess.net Help yourself to some common sense and read my column now!


    <Back to Page 1
 
ImproveHomeLife.com © 2005
Terms of Use