Thursday, November 26, 2009

Fun with Contests that Align with Strategy

Here’s a great way for a company that prides itself on customer service to promote itself, and the very concept of service as well.

Rackspace.com, the “cloud computing” hosting company that calls itself “The Home of Fanatical Support,” puts customer service first in its own business. But it also holds a contest for its clients to recognize “one of our customers for valuing customer service as much as we do.”

The 2009 Fanati Contest is now underway (for U.S. customers only). Rackspace clients who think they have what it takes have until Dec. 11 to put together a 5-minute video explaining why they deserve to be this year’s winner.

Here are some of the approaches Rackspace suggests to contest entrants:
• Tell us who you are and what your business does.
• Describe what Fanatical Support means to you.
• If you were going to take a thesaurus to the phrase “Fanatical Support” and use that in your company’s business motto, what would your new motto be?
• Tell us about a time you or an employee went above and beyond (fanatically) for a customer or employee.
• Tell us how you’ve continued to enhance your motto to adapt to your business’ changing needs, culture, and/or growth to ensure that customers stay satisfied?

What a great way to align yourself with your customers, promote your brand, and create increased engagement by among customers and their staff. And it costs almost nothing.

Kudos to Rackspace for showing that marketing (in this age of clutter) can still be about good ideas that benefit buyers and sellers alike.

What’s your brand? How could you get customers more excited about it, and promote it to the rest of the world, by organizing a contest of your own?

Friday, November 06, 2009

Quick: What does Small Business want?

My column in this week’s Financial Post tells about my recent encounter with billionaire Scott Cook, co-founder of Intuit (Quicken, QuickBooks, etc.).

Cook came to Toronto last month to kick off an Intuit Canada campaign to get closer to the small business market by holding information sessions with working entrepreneurs across the country. Cook himself facilitated the first one, asking 14 Toronto business owners about the problems that keep them awake at night.

So my story looks at small business’s most urgent needs today, as well as how one company is getting closer to that market in order to identify the problems it can actually solve.

FYI, here are some of the key issues Cook heard about:

"Growth timing: When to take on extra fixed costs."

"When to expand and why."

"Compliance with tax authorities... Managing cash flow. Seeking investors."

"Work-life balance."

"How to persuade prospects of our value."

"Getting faster responses from customers."

"How to manage the time suck of social media."

"When to cut prices."

"Developing an online presence."

"Partnership and collaboration."

"Finding distribution channels."

"Cutting costs."

"Hiring, training, and when to fire."

After the meeting, I asked Cook if he'd heard any promising ideas. One big one, he said: "Social media as a time suck."
"I don't claim I understand it yet," he said, "but it's given us more to do."