Posts Tagged ‘Questions and Cocktails’
051 Questions and Cocktails: FB Live Q & A (Part 3) | Marketing PodStorm 13
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During the PodStorm, we’re doing a live Facebook Question and Answer session, every Friday, 11:30 a.m. PST. We did our first and second one last week. We’re going to share with you our third one in this episode. Today, podcast living legend Jason DeFillippo of Grumpy Old Geeks joins us to answer some questions about podcasting, creativity and a whole lot more!
Podcasting at home
Christopher, together with Jason, answers a question posted in Follow Your Different Facebook Group asking if “this is the right time to go podcasting.” Both went into an interesting discussion about content creators levelling up the playing field and why there is no other time than now to start your own podcast.
Internet-produced podcasts sound way better now than studio-produced because of readily available internet solutions and movie-grade software, such as Squadcast.fm.
“We’ve got a little more experienced than they do. I mean, they’re used to their million-dollar studios, we’re used to a laptop and some software and flying by the seat of our pants. We got to make it sound good. Once you take away their studio, they just don’t know what to do.” – Jason DeFillippo
Should we start a podcast now?
Jason shares the only reason not to start a podcast is because microphones are unavailable. There is no barrier to entry and he believes everybody is welcome to start one to get the industry booming.
“The more people that are podcasting, you know, a rising tide lifts all boats, because you’re going to know people that have never listened to a podcast before which means that you are going to be out there beating the drum, teaching people how to listen.” – Jason DeFillippo
Creativity: Nature vs. Nurture
Christopher answers the question about how to be creative under pressure. He had an interesting exchange of conversation with Jason since Jason believes creativity can be taught and there is a formula to follow while Christopher believes it is innate to someone.
“At least in my experience, particularly with marketing and category design, often the first idea is directly right and then you have to, sort of, water it.” – Christopher Lochhead
To hear more about the Facebook Live Q&A with Christopher Lochhead, with Jason DeFillippo, download and listen to this episode.
Bio:
Christopher Lochhead is a #1 Apple podcaster and #1 Amazon bestselling co-author of books: Niche Down and Play Bigger.
He has been an advisor to over 50 venture-backed startups; a former three-time Silicon Valley public company CMO and an entrepreneur.
Furthermore, he has been called “one of the best minds in marketing” by The Marketing Journal, a “Human Exclamation Point” by Fast Company, a “quasar” by NBA legend Bill Walton and “off-putting to some” by The Economist.
In addition, he served as a chief marketing officer of software juggernaut Mercury Interactive. Hewlett-Packard acquired the company in 2006, for $4.5 billion.
He also co-founded the marketing consulting firm LOCHHEAD; was the founding CMO of Internet consulting firm Scient, and served as head of marketing at the CRM software firm Vantive.
We hope you enjoyed this episode of Lochhead on Marketing™! Christopher loves hearing from his listeners. Feel free to email him, connect on Facebook, Twitter, Instagram, and subscribe on iTunes! You may also subscribe to his newsletter, The Difference, for some amazing content.
045 Questions and Cocktails: Facebook Live Q & A (Part 2) | Marketing PodStorm #7
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During the PodStorm, were doing a live Facebook Question and Answer session, every Friday, 11:30 a.m. PST. Here is the second part of our recording, for Q&A about marketing and category design. We talk about all things ranging from new category creation, how to craft problems positively, and creating demand during a crisis.
How to know if you have a new category?
As counterintuitive as it might sound, now is a great time to launch a new category. Christopher encourages you to ask yourself a couple of key questions: number 1, “what problem do I solve?” or “do I solve that in a different or unique way?” and “What kind of market insights do you have?” If you don’t think of it as a problem, maybe you create an opportunity.
“Nobody buys a solution unless they see a problem. You might consider asking what kind of insights do you have. One is technical insight. Somebody creates a new algorithm or somebody creates hardware. Another one is Market Insight, for example, ‘I want to be able to hire somebody to do an odd job, takes something from point a to point b, come over and help me with something.’ Do you have a technical insight or do you have a market insight? Regardless of what it is, begin to evangelize that insight, that difference.” – Christopher Lochhead
How do you talk about problems in a positive way?
Evangelizing a problem in a positive way can lead to mass differentiation and category creation. Christopher advises legendary marketers to frame the problem as deeply relatable. This way, we want to be seen as a hero, mobilizing people to come together to solve said problem.
“Here’s what I’ve learned, what you want to do in the way you talk about problems is, do it such that you create ‘us.’ You make the problem an enemy, a ‘them.’ You want to define the problem very powerfully, in a way that resonates with people, and then you say, this aggression will not stand, man.” – Christopher Lochhead
How do you create demand in a situation where your revenue is dropping?
Christopher chides that this is one tough question. We know many companies are having this problem. He drops a bunch of ideas that although might not exactly answer this question, but hopefully might stimulate some thinking.
“The first idea, take a handful of your smartest people and lock them and brainstorm 3-5 things that you go near term to stimulate revenue. If you are in the B2B space, create a white space analysis. What you do, you take your existing customer base, do a quick analysis to find out which of your products and services they are currently using. Once you know what they are using, then you immediately target existing customers. If you’re in the B2C, be visible in your neighborhood.” – Christopher Lochhead
To hear more about the Facebook live Q&A session (Part 2) with Christopher Lochhead, download and listen to this episode.
Bio:
Christopher Lochhead is a #1 Apple podcaster and #1 Amazon bestselling co-author of books: Niche Down and Play Bigger.
He has been an advisor to over 50 venture-backed startups; a former three-time Silicon Valley public company CMO and an entrepreneur.
Furthermore, he has been called “one of the best minds in marketing” by The Marketing Journal, a “Human Exclamation Point” by Fast Company, a “quasar” by NBA legend Bill Walton and “off-putting to some” by The Economist.
In addition, he served as a chief marketing officer of software juggernaut Mercury Interactive. Hewlett-Packard acquired the company in 2006, for $4.5 billion.
He also co-founded the marketing consulting firm LOCHHEAD; was the founding CMO of Internet consulting firm Scient, and served as head of marketing at the CRM software firm Vantive.
We hope you enjoyed this episode of Lochhead on Marketing™! Christopher loves hearing from his listeners. Feel free to email him, connect on Facebook, Twitter, Instagram and subscribe on iTunes! You may also subscribe to his newsletter, The Difference, for some amazing content.
044 Questions and Cocktails: Facebook Live Q & A (Part 1) | Marketing PodStorm #6
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During the PodStorm, were doing a live Facebook Question and Answer session, every Friday, 11:30 a.m. PST. We did our first one, we’re going to share it with you in two parts. We talk about CEOs who don’t get marketing, the relationship between CMOs and CEOs during times of crisis, and more about evangelizing the brand.
What do I do if my CEO doesn’t get it about marketing?
Christopher shares that very little happens without legendary marketing. He stresses the difference of working on something exponential versus something that is incremental. In marketing terms, the more exponential it is, the more explanation it requires. In that situation, that’s called legendary marketing or category design.
“If your CEO, doesn’t get it, QUIT. If your CEO doesn’t get it about marketing and isn’t willing to be a leader, isn’t willing to get out in front and be the company designing and dominating the category and if you cant get your CEO there pretty quickly, its time to get out and go.” – Christopher Lochhead
What relationship should a CMO and a CEO have, particularly during a recession?
Christopher says that CMO is like the Press Secretary for the President of the United States. He shares quite a few examples, being three times CMO himself who sat in that position during a crisis.
“Strategic communication frames the context for everything that is going on in a company. If the CEO and CMO aren’t working in lockstep, then framing that strategic context is not going to work very well.” – Christopher Lochhead
Tell me more about evangelizing the category
Most companies have overrotated on brand. The marketing world have oftentimes marketed their brands and not necessarily their categories. He points out that in times like this, companies do not just fight over market share, they fight over a minimizing wallet share.
“Look, I’m a 3x CMO, I think branding is important. However, categories are about customers. When we talk all the time about brands, it is equivalent to a dinner party and talking all about yourself, as opposed to talking about others. Categories, fundamentally are about problems, or opportunities, being experienced by others. That is point A. Point B: with categories, it is the way the human brain works. We first understand the category is, then we start thinking about brands. Hierarchy. Our brain works on, category, subcategory and then brand. For example, drink, whiskey, brand. In other words, if I’m not interested in the category, then I’m not going to be interested in the brand.” – Christopher Lochhead
To hear more about the Facebook live Q&A session (Part 1) with Christopher Lochhead, download and listen to this episode.
Bio:
Christopher Lochhead is a #1 Apple podcaster and #1 Amazon bestselling co-author of books: Niche Down and Play Bigger.
He has been an advisor to over 50 venture-backed startups; a former three-time Silicon Valley public company CMO and an entrepreneur.
Furthermore, he has been called “one of the best minds in marketing” by The Marketing Journal, a “Human Exclamation Point” by Fast Company, a “quasar” by NBA legend Bill Walton and “off-putting to some” by The Economist.
In addition, he served as a chief marketing officer of software juggernaut Mercury Interactive. Hewlett-Packard acquired the company in 2006, for $4.5 billion.
He also co-founded the marketing consulting firm LOCHHEAD; was the founding CMO of Internet consulting firm Scient, and served as head of marketing at the CRM software firm Vantive.
We hope you enjoyed this episode of Lochhead on Marketing™! Christopher loves hearing from his listeners. Feel free to email him, connect on Facebook, Twitter, Instagram and subscribe on iTunes! You may also subscribe to his newsletter, The Difference, for some amazing content.