Posts Tagged ‘celebrity lawyer’

Hitting the Target in the Age of New Media

Wednesday, August 11th, 2010

by J. W. Dicks, Esq. & Nick Nanton, Esq.

Akira Mori, president and chief executive officer of Mori Trust Company, Limited, said, “Past success stories are generally not applicable to new situations. We must continually reinvent ourselves, responding to changing times with innovative new business models.”

Nothing could ring truer in this New Economy where seemingly every attempt to draw on past success strategies is met with less than stellar performances. The reason for that result is that economic change, while appearing to be the same, is always based on a different set of circumstances than ever before; the flaw is to assume “a recession is a recession just like the last one” and that the results are the same each time. They are not.

Our current economic crisis is the modern-day economic equivalent of the “perfect storm” in which multiple disparate factors collide to create something different, something unexpected, something that doesn’t react very well to the old traditional forms of economic stimulus.

The reason for the slow recovery of the economy is because we are not just seeing an economic crisis, we are seeing a fundamental shift in the nature of how business works; and the recovery, when it happens, will not come from the same old stimulus methods but instead will sprout from a more fundamental change of the very nature of business growth. For the economy to return to a healthy status and for business to resume the mode of successful commerce, the consumer must be listened to and catered to like never before. Today’s consumers are no longer bound by the offerings of their neighborhood store. What the consumer wants may be thousands of miles away but must be deliverable tomorrow on the buyer’s doorstep without the frustration or cost of time and travel.

Jack Welch, chairman and CEO of General Electric between 1981-2001, faced facts when he said, “The Internet is the Viagra of big business.” Just like that, the guy who increased GE’s market value from $14 billion to more than $410 billion—and was named “Manager of the Century” by Fortune in 1999—recognized that where he had taken GE in the past was no longer the route for the future.

The reality is, the Internet has changed the fundamental nature of competition and doing business. And although it has teased us for many years with its false promises and failed attempts at success, including its own industry meltdown and economic crash, that fall was just the foundation being laid for what has emerged in what now seems like the blink of an eye. New ways of building and delivering online products and services have emerged and, whether you know it or not, instantly your competition has increased exponentially. Your established competitors are now joined by new companies, fresh innovations and ideas, and ever-improving processes and products.

This is the real crisis that faces most businesses today, and unfortunately most haven’t even realized it yet. Instead of trying to rapidly adapt, they are desperately clinging to old ways of running a business that won’t work in the New Economy. And it isn’t event the issue of bricks and mortar that was the center of cocktail discussions prior to the dot-com crash; it is a case of “best practices” for the industry or sector you are in.

For example, if you are in the haircut business, bricks and mortar will still prevail because you need to physically go to a location to get the service performed. But if there is any opportunity for you to do your business or service in the virtual world, the preference for most consumers will be towards that—unless they can somehow otherwise be enticed by an element of experience or entertainment.

When it comes to reaching consumers today, it’s clear that you can’t just go on doing “same old, same old” and hope for the best.

The wired world is a universe in constant flux. Bill Gates once called the new Internet era “an environment of constant change” and, more incisively, “punctuated chaos.” As all financial players are digitally connected, any downturn or upturn in a major market creates overnight reverberations in other markets. The digital world is demanding that companies react to change, but the good news is that it includes the tools they can use to stay ahead of the curve. The key is connecting your business strategy with a streamlined response.

So how is business to survive? By understanding the fact that as business climates change, the methods of marketing for those businesses are also “upside down” and in need of change if success is what you are after. Where, normally, you would think global economies would mean larger markets, in reality, for small companies, entrepreneurs, and professionals, the opposite is true because they simply do not have the economic firepower to try and reach everyone or satisfy everybody. In fact, the media has become so fractured it is almost impossible to reach the masses.

Therefore, to be successful in the New Economy, you must think in terms of specialties or niches within broad markets where you can be a difference maker. In fact, the more narrow your focus, the more power you can yield within that niche; and based on this fact, your financial leverage can be multiplied.

A Change of Focus

Instead of the reliance on mass media, your focus needs to be on “targeted media.” Businesses haven’t stopped using traditional media to get the word out, and indeed, it’s often an effective launch point for an ad campaign if you can control the cost and monitor your return on investment (ROI). Clearly, however, the gulf between traditional advertising and online advertising has widened over the past few years as audiences fragment and the Web grows to provide a new media approach.

Mass media of the last century offered a relatively simple structure, with large audiences congregated at a few outlets for a few kinds of programs. But the Internet provides seemingly infinite choices, and it appears difficult to capture the attention of an individual user when that person has split him or herself among a number of destinations for very brief periods of time. One of the biggest challenges for marketers is understanding this self-fragmentation and how to overcome it.

Reaching the individual who is your target customer first requires your understanding of who your target consumer is, and then your application of market segmentation, the process of pulling apart the entire market as a whole and separating it into manageable, disparate units based on demographics. The market segmentation process includes:

1. Determining the characteristics of your target market, then separating these segments in the market based on these characteristics.

2. Analyzing whether the market segments are large enough to support your product or service. If not, you must return to step one (or review its product to see if it’s viable).

3. Once you’ve chosen a target market that has the size to produce your needed sales levels, you can develop your marketing strategy to target that specific market. Your focus is smaller, but you are reaching the specific buyers you want.

After creating this group of prospects, you must develop your market’s buying metrics to learn how many prospects it takes to produce a sale, what your conversion ratio is, and how that affects your bottom line.

Shotgun vs. Specialists

So how does this apply to today’s online realities? In the past, advertisers had only one choice—they took the shotgun approach, scattered themselves to every mass media outlet they could afford, and hoped a percentage of those people might pay attention. It was about trying to be all things to all people. It was spending money on local newspaper ads, cable television spots, etc., and hoping potential customers would catch a glimpse of them as they turned the page.

It’s the equivalent of the long-ago era of the general practitioner whom everyone would go to no matter what his or her medical condition. Just as patients now go to specialists who can help them treat their specific injuries and illnesses, consumers have become selective about where they go to get their goods and services. Online it looks something like this: health conscious individuals who might have subscribed to a general magazine on health are now signing up for blogs, newsletters, podcasts, user groups, e-mail lists, membership sites, and more to address their exercise regimen, a preventative medicine program that suits their lifestyle, their specific heart condition, their type of diabetes, etc. More and more people are taking advantage of outlets with increasingly specialized information.

With so much out there floating around and vying for consumer attention, today’s savvy marketers are likewise getting more specific in order to forge a competitive advantage. They’re identifying who their potential customers are, cultivating these relationships, and in many cases even charging them for the privileges of membership. Let’s say you have a dance studio in town that offers salsa lessons. In the past, you’d put a medium-size print ad in the local paper, maybe shoot a local TV commercial, and hope for the best. Now, you can create a sizzling, colorful Web site with step-by-step instructions and high-energy videos of those lessons that “students” can pay an online subscription fee to see. Seeing is believing. Even if folks never step into your studio for the real deal, you get them to subscribe to your service to learn how to dance from home.

It can work the same in the sports world. If you give golf lessons in real life, you have to hope people see those local classified ads, right? But if you give golf lessons online and charge a fee to help your students’ progress, you’ve taken the world in your hands without paying any attention to geographical boundaries. You can now teach at any level you want, whether that market exists in your locale or not! Someone might buy an issue of Car and Driver for five bucks, but fans who want to go behind the scenes and into the pits of NASCAR can probably find a better outlet, which they’re willing to pay more for, to really get them into the action and on the inside of the sport they are ravenous fans of. The list of industries and examples goes on and on!

A lot of these opportunities lend themselves to a virtual delivery with cutting-edge technologies, but some of this ongoing flow of information extends to tangible media as well. There has been a resurgence, for example, of paper newsletters and, although still virtual, teleseminars as well, neither of which are considered new technology. Most of these models of selling information, or ideas, offer the basics for free up front, but if they want what you’ve got to offer, and you promise to go deeper, they’ll be happy to pay for the privilege of regular updates and insider opportunities.

The key to setting the world (or at least your bank account and profit margins) on fire in this world of new media is niche-ing down your market to create value in the people you’ve niched into. By building your audience, you build your value, and that in turn increases your roster of consumers who will be willing to pay top dollar for the incredible things you offer. Remember—the power is all in the presentation to the right audience.

So, when thinking about growing your business during the current economic shift, think big; but then make sure you think small with regards to what niche you can ultimately serve to prosper the most. After you figure that out, if you take the time to determine the best format or combination of formats to deliver your products and services to your audience, you will find a formula that is wildly profitable!

The Downfall of the Institution, the Rise of the Personal Brand and How It’s Changing the Game

Friday, August 6th, 2010

By J.W. Dicks Esq., & Nick Nanton Esq.

I (Nick) was sitting in a sushi bar in Los Angeles, thousands of miles away from my hometown of Orlando, FL. Having found a table, I asked the waiter to assemble my usual selections which included one order of Maguro, one order of Yellowtail, and one Steamed Shrimp, Cucumber and Cream cheese roll with a drizzle of eel sauce (the Nick Roll, as my friends have come to call it), and then I began to do what I do most of the time when I’m alone – I took out my iPhone to occupy myself.

I checked emails, read and posted a few tweets, and checked my newsfeed on Facebook to see what my friends were up to. I also engaged in a newer activity, “checking in” via geotargeted apps and games like Loopt and Foursquare (If you don’t know what these are, you should! Just Google them!). This particular meal was during a period of time several months ago, before Foursquare had been brought to the iPhone, so I checked-in via Loopt. Much to my surprise, I noticed that a friend that I went to law school with and who also lives in Orlando, had also checked in on Loopt and was just a few miles away from me in Los Angeles. I immediately sent him a text to say ‘hi!’ and to tell him I was just a few miles away. This prompted us to try and coordinate a chance to meet; the meeting would be for the sake of novelty, if nothing else.

This occurrence prompted us to take stock of what many of us do to bide our time (check-in, tweet, post on Facebook), and how it was not only becoming second nature, but what that means for the way we are going to conduct business in the future. Based on these hyper-connected, entertaining, and informative ways of passing information from person to person, we are really leaving behind a trail of everything we’ve ever done, everywhere we’ve ever gone, every opinion we’ve ever had, and, thanks to some less than scrupulous folks who tend to overshare and take pictures with their phones, everything we’ve ever eaten. You might be wondering where this trend is headed and what it all means.

Well, in the context of “The New Economy”, this trail is essentially a “Personal Brand Map”. It’s a record of our thoughts, feelings, and experiences, all mapped out in chronological order, from which anyone in our networks (or increasingly, even someone who we haven’t allowed in our networks yet) can review and form an opinion about us.

In the New Economy, some might say that our Personal Brands are increasingly important. We’d go further, saying they’re all we’ve got left.

Think about it. The internet and technology have brought about the following changes:

• Removed the barriers of information flow, allowing us to find anything we want, anytime we want it.

• Made transparency a way of life, allowing the general public to piece together a story even if you aren’t telling it yourself – you can’t hide most things anymore even if you wanted to!

• Leveled the playing field by giving everyone on Earth an instant platform to publish anything you can think of, including thoughts, muses, obsessions, hobbies, photos, videos, business ideas, invitations to social events, collaborative efforts, and more.

We’ve seen this technology bring about the rise of the Personal Brand, while we have simultaneously witnessed the downfall of the institutions that we grew up believing in. This is a total game changer.

We’ve seen the banking industry fail us through credit crises and mortgage meltdowns. We’ve seen over-inflated real estate prices which are due, in large part, to the previous bottleneck on real-time information flow. In the past, we’d have to wait for all the data from real estate sales to drip down from title companies and city and county records in order to get a gauge on what was happening. Even worse, we might have to go to a physical location to view the records. Now you can find that all online, from anywhere in the world, with the click of a mouse. Simply revolutionary!

We’ve witnessed many a corporate meltdown due to lowered barriers to entry. For instance, it is now a very acceptable practice for any business person to schedule a meeting at a Panera Bread or Starbucks location. No formal office is needed, just a place to meet. We’ve also seen the increase in shared spaces replacing the more traditional executive suites and even some less traditional solutions like existing businesses renting out offices that aren’t being used to new businesses. We have seen increased international competition from countries like China and India, who are in a venerable race to bring their high-talent, low-cost human capital to America, with no plane tickets needed, using nothing but Skype and email. And, finally, we’ve witnessed those willing to compete and incur lower overhead in order to gain market share that previously would have seemed untouchable. This accumulation of corporate meltdowns has left many unemployed and without the pensions, retirements, or the security we always thought would be there.

This is a major shake up. In spite of the fact that many are calling it a “lost decade” (2000-2009), we instead look back and see a time of painful discovery and major shifts in the way information is shared, received, and processed. No longer do we look to journalists in last Friday’s newspaper to determine what movies we want to watch or what restaurants we should try out; rather, we look to social networks to see what our friends think and where they are right now.

There has been a shift of power. Power is now at our fingertips – in the hands of the many, not in the hands of the few.

So, how do all of these powerful cultural and economic shifts affect you? You, as an individual, have become your own brand, whether you like it or not. You can control your brand to your own advantage or you can let your personal brand be run by others who comment on what you are doing. In fact, whether you choose to document your life and your business or not, chances are someone around you is going to document it for you. You don’t have to post photos of yourself on Facebook or videos of yourself on YouTube for such photos and videos to end up there. You don’t have to post your thoughts on a particular concept or issue online, for them to end up on Twitter, as those around you are doing it for you whether you like it or not. So, the real choice you need to make (before someone does it for you), is to control your personal brand.

The good news is, if you learn how to effectively control your brand, you can also control your life in ways that were never before possible.

Think about it this way: in the past, if you were a superstar employee, you still got paid what your employer thought you were worth. Now, you can take your brand as a superstar employee to the internet, sharing your knowledge and building a following of people who are interested in your ideas and the projects you are working on. You can become an “internal evangelist” and a thought leader for your industry – all while working for someone else. This buzz about you in turn raises your profile and credibility, which then gives rise to the notion that no longer will you be an employee with limited options. You will now be a free agent operating no differently than the sports stars who are able to offer their skill(s) to the highest bidder.

This new ‘free agent’ marketplace is already occurring in limited scope through the use of social media sites like LinkedIn that are dedicated to connecting people for business, as well as through sites like Facebook that allow you to share text, video, audio, and even create custom apps to let people know what you do. Not to mention, we are just now in the early stages of internet platforms and tools to make those kinds of connections work to your advantage. The future will give rise to more of what one of our clients, Chuck Boyce, calls the “Independent Executive”. This label applies to someone who takes their knowledge from previous employment and sets out to create their own destiny, lifestyle, and income on their own terms. This philosophy takes personal branding to the next level, because it is not just important for the professional or the entrepreneur, but it is now very important for employees who are happy to work in someone else’s environment but who want to be recognized, both financially and emotionally, for their very real contributions.

In the past, an unhappy employee had limited choices:

• Do nothing but complain (with increasing disgruntlement)
• Quit and go look for a new job (which has no guarantee of being any different)
• Beg the boss for a change in circumstances (power, money, responsibility) without having any real say in the process

Now, in the new “Branded Economy”, you are all allowed to play the role you want in building your brand and building your value. If you don’t take control, you will risk becoming irrelevant and relegated to the position of a cog in someone else’s wheel. You will be at the mercy of a third party whose self-interest will always outweigh your own – just like the players in the sitcom The Office and the comic strip “Dilbert”.

Now that the game has changed, what will you do to control your own destiny? As we have gotten known for telling our clients, we’ll now tell you the same: You have the choice, to Brand or Die!

The Birth of Tim Tebow’s Personal Brand

Tuesday, August 3rd, 2010

Welcome to the NFL, Tim Tebow…and welcome to personal branding!

This has been an especially exciting couple of weeks for new Denver Quarterback Tim Tebow. He just finalized his football contract with the Denver Broncos that could yield upwards of $33 Million and he just signed a 3-year endorsement deal with sportswear company, Jockey.

The Jockey deal replaces Jim Palmer who held the endorsement spot for 20 years and was one of the good guys in sports too. He took everything off except his Jockey’s for a photo spread that was, at the time, a little risqué and the question abounds whether Tebow will repeat the male equivalent of centerfold himself. It will be interesting to see.

The Jockey deal appears smart because it adds a little interest to Tebow’s clean cut image without bruising Christian values and the very large constituency of Tebow followers. He will need to maintain a tight balancing act with the Jockey brand – but that is what he has been doing at the University of Florida for the past four years.

Developing your personal brand requires great congruency. Your actions and your words must be carefully matched or you can lose your audience if they become confused about your message. There will be a lot of eyes on Tim Tebow as he starts his NFL career. Many people will be watching for a stumble and some will even be hoping for one. Understand, it is the same thing you face in your own business with your competition always ready to take your place if you make a mistake. Tim will have to be vigilant and so will we in our own business. Know the message you want to make with your personal brand and always be congruent with it to your fan base. This is one of the true keys for personal branding success.

Tony Robbins’s Personal Branding “Breakthrough”

Thursday, July 29th, 2010

This blog was originally posted and featured on FastCompany.com. The original post can be found here: http://www.fastcompany.com/1675170/tony-robbins-perosnal-branding-breakthrough

By Nick Nanton, Esq. and JW Dicks, Esq.

If you missed Tony Robbins’s new mainstream premiere of Breakthrough, his new reality TV show, you missed the evolution of the blending of infomercial, reality TV, and soap opera.

While these adjectives describing Tony Robbins’s new show could be viewed as negative, we don’t intend them that way. It is the representation of the re-launch of Tony’s career in personal development and the launch of a new and powerful blended medium. Had this show been an infomercial, there would have been a strong call to action for viewers to buy the hot product Tony was selling. This may have resulted in successful front end sales followed by following up the sale with offers for additional products and services under the traditional infomercial format.

In the new media, Tony’s production company has mixed reality with message and created fans instead of buyers. While this may have a slight delayed effect in product sales, that delay will undoubtedly be outweighed by a strong new fan base for the entire spectrum of Tony Robbins Experiences including product sales as well as high end events and personal coaching at price points that might have seemed unattainable prior to the new show’s launch. Make no mistake, this show will be a commercial success–perhaps even on the front end from ad sales, but it will be also undoubtedly be a success for Tony Robbins Productions, the producer of the show, and the mix of Robbins’s products and services that will be revived as well as newly created, all at the same time.

First, from a reality TV test, the show was good. Great production, good story and the people were unquestioningly real. From Tony’s prospective, he too is to be congratulated because he recognized that in the new economy (arising post Great Recession), the focus will be on credibility as much as celebrity. People are tired of what they see in the news and the “BP BS lie detector” will become a new method of judging what people and companies say about their products and services. If you aren’t transparent from today on, you won’t pass the public BS lie detector test and you will get raked over the coals by your prospects and customers for anything your try to “sneak” by them–publicly we might add. On the other hand, if you are able to pull off what Tony Robbins did last night, which is to set up the next sale at the expense of a short term gain, the world will be your oyster.

Throw The Book At ‘Em!

Thursday, July 29th, 2010

By: Nick Nanton, Esq. & J.W. Dicks, Esq.

I entered the huge chain bookstore, hoping my guilty expression wouldn’t give me away. Then I furtively disappeared between two large shelves of books in the back, making sure no store employees were looking at me.

I eyed the area around me one more time – no one in sight.

And then I pulled the brand new copy of my latest book out from under my jacket…headed to the nearest open cashier…smiled to myself as she scanned the book’s ISBN bar…and I paid $21.95 for a book. A book I already owned.

My name is Nick Nanton…and I am a reverse shoplifter.

Why am I committing a crime against myself? I’ll explain a little later…but first, I want to tell you that this may be one of the most controversial chapters in this book… And not because I’m moving around in bookstores in a clandestine manner.

It’s because I’m about to advocate something that I believe delivers one of the biggest ROIs of anything out there today. But it’s also something that many people regard as being as dead as the dodo.

What am I talking about?

Well, I’m talking about what you’re reading right this minute.

A book.

A book can be an amazing platform for your business – it’s got prestige, it’s got impact and, most importantly, you can market yourself and your business through it in a ‘whole bunch’ of different ways. Because, to be honest, it doesn’t do you any good to write a book and then just put it on your shelf next to that dusty dictionary. It only makes a huge difference when you use your book proactively to expand your circle of influence, build your reputation and impress current and prospective clients.

Look at the super-successful people who put out books on a regular basis – people like Donald Trump. He doesn’t need to write books to prove himself any more – he can make as much money doing a couple of speeches here and there. No, he – and mega-motivational stars like Tony Robbins and Jack Canfield – create books for the above reasons. It’s not about getting paid for the book – it’s about growing their brands.

Just look at what happens when “the Donald” writes a book. Suddenly you see him everywhere – Larry King, Fox News, even The View. It gives him a whole new set of talking points and a reason to put himself out there. He knows that the ROI on a book is unlimited – as long as you realize it’s not just a book, it’s a gigantic marketing tool. That’s why it’s something I advise all my clients to do.

I’m going to detail in this chapter just how you can make your book go to work for you in a variety of ways. First of all, let’s talk about the book itself.

MAKING YOUR BOOK HAPPEN

The first thing you should do is be realistic. You’re probably not creating a New York Times Bestseller here – that’s not even what you’re really after. You make money from having a book – not from book sales. This is meant as a marketing tool to sell yourself and your business. Put your book together with that in mind.

As with any marketing tool, you want your book to be an attention-getter. That starts with the title – finding a way to put the concept of the book in a short, ‘punchy’ and powerful statement that taps into something people want to know.

Simple is very important. Has there ever been a better title than “The Secret?” Well, there haven’t been many better-selling titles, anyway. At the same time, it’s a gutsy title – because without the multi-million ad campaign for the book, its generic title could have left it lost in the shuffle. Since you’re mostly going to be sharing this book with clients and prospects, and not trying to sell it to the general public to a great extent, you can get away with that kind of approach.

Of course, you’re thinking, the title is the easy part – what about the content? Well, that might be easier than you think as well. Do you give seminars or create instructional materials? Have you given speeches about your business? That’s content – content you had to think about and structure accordingly. By getting these materials transcribed, you could already have the bare bones of your book content.

What happens next depends on your available time and your level of confidence. Let’s start with time – most entrepreneurs and business people just don’t have enough hours in the day to run their businesses and their lives, let alone try to write a book. It’s time-consuming and requires a lot of thought. Many who try it simply give up and don’t finish.

Then there’s the confidence factor – you may be intimidated by the thought of even trying to write a book. Most people don’t even like to write a short blog – and then there are those wouldn’t be ‘caught dead’ even trying to put together the 140 characters or less that go into a “tweet.”

That’s why most business people will use a ghostwriter to get their book down on paper. You can find excellent ghostwriters on Elance.com (where they’ll bid for the chance to work on your book), or you can ask business associates if they’ve worked with someone they like and trust.

It’s easy to work with a ghostwriter – you either give them the kind of transcripts we talked about earlier or you can talk through the main points of the book with them. The important thing is to end up with something that you can feel good about. If you’re going to use a book as a marketing platform, you want to make sure it’s professional, informational, and represents you and your business in the best possible light.

THE THREE STAGES OF MARKETING YOUR BOOK

Once you have your book finished and published, it’s time to really go to work. You can maximize your marketing punch not only when your book is published, but also before and after. Again, authoring a book is impressive – so make the most of it!

1) MAKE PRE-LAUNCH A PRIORITY

You definitely want people to know your book is coming out in advance. Begin by creating a website about the book before it comes out – offer a free portion of the book (a “sneak peek”) through an ‘opt-in’ box that will allow you to capture leads. You can even feature a “countdown” to the publication date and time to generate more excitement.

When the website is up, put out a press release announcing you’ve got a publishing deal, making sure you have links back to your website. Syndicate the press release and post it on all the social media sites (Facebook, Twitter, etc.). Also consider doing a podcast by having a friend interview you about the book and put it up for download on iTunes.

2) GENERATE PUBLICATION PUBLICITY

Once your book is published, you can now use it to your advantage to get booked just like Donald Trump does. You probably won’t make it to “Larry King Live,” but you have a ‘good shot’ at some local air time at the very least.

Next, send out copies of your book to local radio and TV stations, as well as print publications, and offer to be interviewed. Also put in a listing in Radio-TV Interview Report (find out more at RITR.com) to make yourself available for national interviews. You can also mail copies to your top clients, send them out to get yourself booked for speaking engagements at business and civic events, and host a book signing event at a local book store.

You can also continue to produce podcasts for distribution through iTunes with a theme of something like …“Beyond the Book,” offering additional/updated information and conversation about topics you cover in the book.

And remember my “reverse shoplifting” at the beginning of this chapter? Here’s why you should consider taking a copy of your book into a bookstore – and buying it there!
As long as your book has a legitimate ISBN number and is available from a major distributor, two things we always do for our clients’ books, the bookstore clerk will simply scan the book’s barcode, a price will come up and you can purchase it, even though the store never stocked it in the first place. Best of all, the bookstore’s computer system will register that somebody bought your book and that they’re now out of stock – meaning they just might order more copies of your book to sell on their own!

3) CREATE A LONG AFTERLIFE

Now that you’re an author, it should become an important part of your professional profile. Make sure it’s added to your official bio and possibly even put the name of the book in your email signature for a limited time.

You can also break down a chapter and make it into a free ‘special report’, available on your website through an ‘opt-in’ box. Other chapters can be turned into online articles that you can syndicate, or you can rework the material into speeches or seminar material for your personal or recorded appearances.

Your office should also reflect your author status. Put a framed copy of the cover of your book on the wall in your reception area or office – it’s easy to do through canvaspop.com. Also, leave copies of your book on the coffee table in your office with “Take Me” stickers on the front. You should also donate copies to the local libraries in your area. Make sure your contact information is contained in these copies – either put a business card in the book, or have your info stamped on the back page.

At our Celebrity Branding Agency®, we take this process through another, very powerful step. We’ve created a foolproof way to make our authors’ books best-sellers in certain Amazon categories. We then honor them by placing them in our National Academy of Best-Selling Authors™ – and send out another round of press releases noting their honor and best-selling status, which opens up a whole world of marketing opportunities for the same book.

They say print is dead, but, thanks to Kindle, iPad and other electronic devices, it’s not really. It’s just migrated to LCD screens. The fact is that nothing conveys authority and credibility more than having a published book with your name on it. Publishing a book and marketing it correctly puts you and your business up more than ‘a few notches’ against the competition – and isn’t that what it’s all about?

And, best of all….reverse shoplifting is NOT against the law!

Harry Potter and Personal Branding

Tuesday, July 27th, 2010

This Blog originally appeared on FastCompany.com. — Original post: http://www.fastcompany.com/1671298/harry-potters-personal-brand-profits

The Wizarding World of Harry Potter opened at Universal Studios Orlando June 18 and the studio is reporting rising attendance and guest spending. This is of particular significance since Universal’s theme park attendance had been hurt by the global recession and travel slowdown. The opening of the new attraction had been a long awaited event for Universal and Harry Potter fans, so the news of positive performance brings a welcome sigh of relief for the hefty $250 million bet Universal placed when they went after the Harry Potter attraction and scooped it out from under Disney who resides only a few miles away.

While all looks great with Harry Potter and the investment Universal made, the naysayers have been wondering out loud if Harry Potter will indeed have legs for years to come, after the last movie is out. After all, J.K. Rowling has said she will write no more Potter books and she certainly has enough money (Forbes estimates her net worth at more than $1 billion) to make that statement believable.

First, it will be a very long time before all of the Harry Potter fans even have an opportunity to go to the attraction. By then, many of the readers will have had more of their children come of reading age and turned into Harry Potter fans. And at some point, the books will pass down to the next generation. Additionally, just because J.K. Rowling doesn’t want to write any more books, doesn’t mean she won’t license different forms of Harry Potter adventures, from cartoons to video games. All of this brand continuity is up to Universal, who has both the burden and the opportunity, to make the Harry Potter brand stay fresh and make its product line continue to flow.

The lesson in all of this for us is to remember that we too must be vigilant with our own brands and work to keep them fresh with new ideas and expanding products that not only grow in number, but also lead into new business verticals and opportunities. Like Universal, most of us have invested lots of time and money to build our brand and in doing so have secured a bit of intellectual property that we have that is unique. While our brand may not have the value of Harry Potter, it doesn’t have to for it to be an opportunity to create more jobs, economic growth contributions, and a nice nest egg for ourselves and families. That’s a bit of “Wizarding” magic in and of itself.

LeBron, The Media, and Your Message

Tuesday, July 13th, 2010

By FastCompany Expert Bloggers Nick Nanton & JW Dicks

Companies must take control of their own brand message and use their own media to do so when possible. LeBron James’ control of ESPN’s own show, to announce his jump from the Cleveland Cavaliers to the Miami Heat NBA Franchise, was as strong of an in-your-face illustration of the point as you can make.

James told ESPN who would interview him, when they could pop the question on his choice of teams, which sponsors would fill the hour long show, and perhaps more importantly, where the money paid for the sponsorships would go. Like it or not, and many journalists don’t, this is just the beginning of high profile sources taking control of a news event. The bigger the story, the more control the newsmaker will have–and that means content control, revenue control and residual spinoffs. Whether you like the way it went down or not, take a look at the opportunity it presents and think about how you could leverage this kind of coup using your personal brand like LeBron did on a local, regional, national, or industry level.

In a world where athletes and celebrities now have their own direct relationship with fans through social media channels, they can not only deliver the news, they can bring the eyeballs to watch the announcement. When the fans have fun and the media and the celebrity make money, who is to complain except the purist–and that cat is out of the bag.

Even though you may not have superstar status in your own market, don’t miss the point that this same formula can also be used in other ways. Local announcements of sports events or celebrity appearances can be used to create your own media appearances where you act as host, agent, deal maker, or sponsor depending on the role that best helps to elevate your personal brand. Use of news to expand your brand is not a new idea, but it’s taking on a new form that offers lots of opportunities.

LeBron, The Media, and Your Message

Tuesday, July 13th, 2010

By FastCompany Expert Bloggers Nick Nanton & JW Dicks

Companies must take control of their own brand message and use their own media to do so when possible. LeBron James’ control of ESPN’s own show, to announce his jump from the Cleveland Cavaliers to the Miami Heat NBA Franchise, was as strong of an in-your-face illustration of the point as you can make.

James told ESPN who would interview him, when they could pop the question on his choice of teams, which sponsors would fill the hour long show, and perhaps more importantly, where the money paid for the sponsorships would go. Like it or not, and many journalists don’t, this is just the beginning of high profile sources taking control of a news event. The bigger the story, the more control the newsmaker will have–and that means content control, revenue control and residual spinoffs. Whether you like the way it went down or not, take a look at the opportunity it presents and think about how you could leverage this kind of coup using your personal brand like LeBron did on a local, regional, national, or industry level.

In a world where athletes and celebrities now have their own direct relationship with fans through social media channels, they can not only deliver the news, they can bring the eyeballs to watch the announcement. When the fans have fun and the media and the celebrity make money, who is to complain except the purist–and that cat is out of the bag.

Even though you may not have superstar status in your own market, don’t miss the point that this same formula can also be used in other ways. Local announcements of sports events or celebrity appearances can be used to create your own media appearances where you act as host, agent, deal maker, or sponsor depending on the role that best helps to elevate your personal brand. Use of news to expand your brand is not a new idea, but it’s taking on a new form that offers lots of opportunities.

Mickey Mouse, The Personality Brand

Wednesday, March 24th, 2010

In a recent New York Times article by Brooks Barnes, it reported that the Walt Disney Co. was going to take a risky step of recasting Mickey’s image for the future, adding, “Disney has quietly embarked on an even larger project to rethink the character’s personality from the way he walks and talks to the way he appears and how kids interact with him online.”

This acknowledgement by Disney of the importance of “thinking”, about how a personality brand is perceived on many levels by your audience, is a lesson we all need to keep in mind. Clearly Disney is concerned about brand reception and its effect on a brand with $5 billion in annual merchandise sales. Your company’s brand might not have billions at stake but what you do have is just as important to you.

Brand reception by your audience, no matter how big or small, must always be a concern and mixed messages can be as large a problem as bad messages. This is one reason that we encourage clients who have businesses driven on personality brands to be consistent not only with the verbal messages they are conveying to their audience but the more subtle messages as well. Brand reception is particularly important in the age of Facebook and other social media sites where some brand personalities might relax too much. Yes, it is important to let your personality come out and let your client/customer base know who you are so you can create a stronger bond. This is one of the strengths of building your business based on personality branding. However, you must at the same time be cautious to realize that you are being watched by your clients and the messages you are sending must remain true to the brand you are building or someday you may have to, “rethink” the direction your brand has taken.

30 Year Proven Marketing Strategies

Sunday, March 14th, 2010

DMNews is a consistent supply of great content and if you are not a regular subscriber of their free daily email, I would encourage you to sign up. This past month they put out a special 30 year edition magazine and my eye was quickly caught by the marketing strategies they highlighted as having been proven in the past and continue to be. While many of you use some or all of the ideas on this list, I found it refreshing to see them all at one time staring me in the face and tickling my thought as to how I might be able to spin a specific strategy in a new way. Today, I am going to give you the entire list and then in other emails and blogs comment about them individually adding my own spin when helpful. In no particular order:

Customer endorsements
Continuity programs
Loyalty programs
Sweepstakes
Rebates
Coupons
In-Billing advertisements
Business reply cards
Location-Based targeting.

Keep your eye out for my emails and blogs which will carry the heading 30 Year Proven Marketing Strategies and the number I am commenting on.

 

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