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SMALL FISH
CONQUERING
Simple	
  and	
  Remarkable	
  Ways	
  to	
  Improve	
  Your	
  Marke9ng	
  Results	
  in	
  a	
  
Compe99ve	
  Environment	
  
THE BIG POND
LEOW LEIK HONG
“is better to be a small fish in a big pond
than to be a big fish in a small
(and shrinking) pond!”
Radin Baidrul Ikram,	
  MBA	
  
Founder	
  of	
  BizCoach	
  Solu9ons	
  and	
  Pearl	
  Maternity	
  Hospital	
  
Entrepreneur,	
  Small	
  Business	
  Coach,	
  Advisor	
  and	
  Mentor	
  
Penang,	
  Malaysia	
  
This	
  book	
  will	
  reveal	
  to	
  you	
  some	
  of	
  the	
  tried	
  and	
  tested	
  ideas	
  that	
  you	
  as	
  an	
  SME	
  can	
  make	
  
use	
  of	
  to	
  make	
  your	
  product	
  stand	
  out	
  from	
  your	
  compe99on	
  and	
  capture	
  your	
  intended	
  
audience’s	
  aJen9on,	
  without	
  having	
  to	
  spend	
  a	
  big	
  sum	
  of	
  money	
  on	
  marke9ng	
  and	
  
adver9sing	
  campaigns.	
  All	
  it	
  take	
  is	
  just	
  a	
  liJle	
  crea9vity	
  and	
  ingenuity	
  .	
  
	
  
Be Different; Be Fun
Be	
  CREATIVE	
  and	
  apply	
  that	
  crea9vity	
  to	
  produce	
  something	
  fun	
  and	
  desired.	
  The	
  
difference	
  between	
  a	
  brand	
  that	
  fails	
  and	
  one	
  that	
  succeeds	
  is	
  how	
  crea9vity	
  has	
  
been	
  applied	
  in	
  each	
  marke9ng	
  campaign	
  that	
  creates	
  a	
  lot	
  of	
  happy	
  customers	
  for	
  
the	
  business.	
  
Create Happy Customers
PART	
  1	
  	
  
Preparing	
  Your	
  Marke3ng	
  Ideas	
  	
  
Our	
  leP-­‐brain	
  controls	
  logical	
  thought	
  processes;	
  while	
  the	
  right-­‐brain	
  is	
  responsible	
  for	
  
crea9vity	
  and	
  emo9ons.	
  	
  If	
  you	
  are	
  running	
  a	
  business,	
  which	
  side	
  of	
  the	
  brain	
  should	
  you	
  be	
  
using?	
  The	
  answer	
  is	
  both,	
  you	
  would	
  need	
  all	
  the	
  logical	
  thinking	
  when	
  you	
  come	
  to	
  
planning,	
  process	
  and	
  numbers;	
  while	
  crea9vity	
  is	
  needed	
  on	
  marke9ng	
  and	
  branding.	
  
Youtube	
  Channel	
  –	
  Piano	
  Stairs	
  
hJps://youtu.be/rQNnwjew1w8	
  
Incorporate	
  crea9vity	
  and	
  fun	
  in	
  our	
  daily	
  business	
  rou9nes.	
  
Here	
  is	
  a	
  genuine	
  case	
  study	
  in	
  which	
  the	
  Swedish	
  Government	
  had	
  wanted	
  to	
  
encourage	
  their	
  people	
  to	
  use	
  the	
  staircase	
  more	
  frequently	
  rather	
  than	
  taking	
  the	
  
escalator	
  as	
  they	
  exit	
  the	
  subway.	
  	
  	
  
	
  
1.  Ini3ate	
  a	
  Crea3ve	
  Idea.	
  	
  
Challenge	
  yourself	
  to	
  think	
  out	
  of	
  the	
  box	
  and	
  do	
  something	
  
out	
  of	
  the	
  ordinary.	
  
	
  
2.	
  Define	
  Your	
  Goal.	
  	
  
What	
  do	
  you	
  want	
  to	
  achieve	
  out	
  of	
  crea9ve	
  thinking?	
  	
  
	
  
3.	
  Explore	
  Your	
  Op3ons.	
  	
  
List	
  out	
  all	
  the	
  op9ons	
  you	
  have	
  and	
  narrow	
  them	
  down	
  to	
  
those	
  that	
  can	
  be	
  developed	
  into	
  something	
  crea9ve	
  and	
  
fun.	
  
	
  
4.	
  Act	
  on	
  Your	
  Op3ons.	
  	
  
You’ve	
  talked	
  the	
  talk.	
  Now	
  walk	
  the	
  walk.	
  
Generating IDEA
“ Commercial,
Profitable,
Enterprise
That works
without ME!! ”
Quoted from
Brand Sugars’ book
~ Instant	
  Cash	
  flow	
  
If	
  you	
  are	
  running	
  a	
  business,	
  your	
  aim	
  is	
  to	
  built	
  a	
  business	
  
which	
   has	
   high	
   commercial	
   value,	
   making	
   money,	
  
surrounded	
  by	
  a	
  trust	
  worthy	
  team	
  and	
  integrated	
  into	
  a	
  
workable	
  system.	
  	
  
All	
   of	
   these	
   operate	
   without	
   your	
   involvement	
   as	
   a	
  
business	
  owner.	
  
Education & Communication
Is	
  about	
  
Always	
  educate	
  your	
  customers	
  on	
  
the	
  benefits	
  	
  of	
  your	
  product.	
  	
  
	
  
Like	
   the	
   First	
   Genera9on	
   iPod	
  
Classic.	
  	
  
Steve	
  Jobs	
  only	
  focus	
  on	
  its	
  benefit	
  
–	
  1000	
  songs	
  in	
  your	
  pocket.	
  
	
  
	
  
•  Truly	
  unique	
  …	
  
•  Exci9ng	
  to	
  your	
  target	
  market	
  ...	
  
•  Something	
  that	
  will	
  get	
  people	
  talking	
  ...	
  
•  Something	
  that	
  can’t	
  be	
  easily	
  copied,	
  or	
  if	
  it	
  can	
  be,	
  it	
  will	
  be	
  an	
  
obvious	
  rip-­‐off	
  on	
  the	
  part	
  of	
  the	
  offending	
  business	
  ...	
  
	
  
Youtube	
  Channel	
  –	
  HomePlus	
  
hJps://youtu.be/kv3zB3et8-­‐o	
  
Be Unique
Purple Cow
Quoted from
Seth Godin’ book
~ Purple	
  Cow
Something	
  truly	
  unique	
  that	
  stand	
  out	
  from	
  the	
  mass.	
  	
  
Infusing	
  crea9vity	
  and	
  fun	
  into	
  your	
  marke9ng	
  efforts	
  will	
  
not	
  only	
  help	
  to	
  make	
  your	
  product	
  a	
  purple	
  cow,	
  but	
  a	
  
cash	
  cow	
  too.	
  	
  
Crea3ng	
  a	
  Difference	
  can	
  
also	
  be	
  done	
  with	
  a	
  …
Guarantees	
  
•  Increases	
  confidence	
  	
  
•  High	
  level	
  of	
  security	
  	
  
•  It’s	
  a	
  contract	
  (buyer	
  
&	
  seller)	
  
•  Product’s	
  Quality	
  
•  Advantage	
  of	
  seller	
  
Guarantee	
  works	
  
in	
  5	
  ways	
  
PART	
  2	
  	
  
Crea3ve	
  Marke3ng	
  for	
  Small	
  Fishes	
  
Unlock	
  the	
  Five	
  
Different	
  Steps	
  in	
  
Marke3ng	
  	
  
CUSTOMER	
  è	
  REVENUE	
  è	
  BUSINESS	
  PROFIT	
  
 
	
  
	
  
1.	
  Marke3ng	
  to	
  Generate	
  Leads
Lead	
   genera9on	
   is	
   basically	
   about	
   informing	
   the	
   market	
   about	
   the	
   product	
   you	
   are	
  
offering.	
   Lead	
   genera9on	
   avenues	
   can	
   be	
   as	
   simple	
   as	
   distribu9ng	
   flyers,	
   displaying	
  
banners,	
  adver9sing	
  in	
  newspapers	
  and	
  magazines	
  or	
  aJending	
  networking	
  func9ons.	
  	
  
 
	
  
	
  
2.	
  Marke3ng	
  for	
  Conversion	
  	
  
Lead	
   genera9on	
   does	
   not	
   necessarily	
   result	
   in	
   sales	
   transac9ons.	
   Turning	
  
poten9al	
  customer	
  leads	
  into	
  definite	
  customers	
  is	
  called	
  a	
  conversion.	
  	
  
So,	
  how	
  do	
  you	
  convert	
  sales	
  leads	
  or	
  prospects	
  into	
  sales?	
  	
  
It	
  can	
  be	
  fulfilled	
  by	
  offering	
  guarantees	
  such	
  as	
  “try	
  before	
  you	
  buy”	
  as	
  well	
  as	
  
ensuring	
  the	
  product	
  is	
  easy	
  available.	
  	
  
EASY	
  TO	
  BUY	
  
Make	
  your	
  product	
  easy	
  to	
  buy,	
  with	
  large	
  &	
  clear	
  photos,	
  
filled	
  with	
  cap9ons	
  and	
  price.	
  With	
  a	
  glance,	
  customer	
  know	
  
exactly	
  what	
  to	
  order.	
  
3.	
  Marke3ng	
  to	
  AWract	
  Repeat	
  Sales	
  
While	
  Step	
  1	
  and	
  2	
  focuses	
  on	
  how	
  to	
  acquire	
  new	
  customers,	
  the	
  third	
  step	
  is	
  all	
  about	
  
keeping	
  your	
  customers.	
  	
  
An	
   useful	
   strategy	
   to	
   increase	
   sales	
   as	
   well	
   as	
   maintain	
   customer	
   loyalty	
   to	
   your	
   brand	
  
would	
  be	
  a	
  Customer	
  Loyalty	
  Programme.	
  	
  
Sakae Sushi ang pow
Give	
  Angpow	
  as	
  a	
  voucher,	
  which	
  can	
  be	
  used	
  by	
  
your	
   customers.	
   Apart	
   of	
   celebra9ng	
   CNY,	
   it	
   is	
  
also	
  a	
  great	
  tool	
  to	
  create	
  repeat	
  customers.	
  
4.	
  Marke3ng	
  to	
  Upsell	
  &	
  Increase	
  Average	
  Spending	
  
This	
  step	
  is	
  about	
  how	
  to	
  encourage	
  a	
  customer	
  to	
  spend	
  more	
  when	
  he	
  buys	
  a	
  product	
  
from	
  you.	
  One	
  of	
  the	
  common	
  strategies	
  used	
  by	
  large	
  corpora9ons	
  to	
  increase	
  the	
  average	
  
spending	
  is	
  by	
  “Up	
  Selling”.	
  	
  
Up	
  Selling	
  is	
  a	
  technique	
  that	
  is	
  used	
  by	
  sales	
  personnel	
  to	
  get	
  their	
  customers	
  to	
  spend	
  just	
  
a	
  liJle	
  bit	
  more.	
  	
  
Shopping	
  Basket	
  
By	
  providing	
  a	
  basket	
  for	
  your	
  customers,	
  you	
  are	
  
actually	
   helping	
   to	
   free	
   their	
   hands	
   so	
   they	
   can	
  
easily	
  buy	
  more	
  from	
  you.	
  With	
  one	
  hand	
  holding	
  
the	
   basket	
   and	
   the	
   other	
   hand	
   free	
   to	
   pick	
   up	
  
items,	
  before	
  they	
  know	
  it,	
  your	
  customers	
  would	
  
have	
  bought	
  a	
  whole	
  lot	
  more	
  in	
  a	
  single	
  visit.	
  	
  
5.	
  Marke3ng	
  to	
  Improve	
  Profit	
  Margin	
  
REVENUE	
  =	
  TOTAL	
  INCOME	
  -­‐	
  COST	
  
The	
  amount	
  of	
  profit	
  a	
  business	
  makes	
  at	
  the	
  end	
  of	
  the	
  day	
  really	
  depends	
  on	
  its	
  overall	
  
business	
  costs.	
  	
  
1. Lead Generation
X
2. Conversion%
=
Customer(s)
x
3. Transaction
x
4. Average $$ Sales
=
Sales
x
5. Margin %
=
$ Profit $
5Steps	
  
Strategies	
  
to	
  improve	
  your	
  
Business	
  Profits	
  
Let’s	
  	
  
add	
  	
  
some	
  
number	
  
4,000	
  ppl	
  
x	
  
25%	
  
=	
  
1,000	
  ppl	
  
X	
  
2	
  3mes	
  
x	
  
$100	
  
=	
  
$200,000	
  
x	
  
25%	
  	
  
=	
  
$50,000	
  
1.  Lead	
  Genera3on	
  
X	
  
2.	
  Conversion%	
  
=	
  
Customer(s)	
  
x	
  
3.	
  Transac3on	
  
x	
  
4.	
  Average	
  $$	
  Sales	
  
=	
  
Sales	
  
x	
  
5.	
  Margin	
  %	
  
=	
  
$	
  Profit	
  $	
  
4,400	
  ppl	
  
x	
  
27.5%	
  
=	
  
1,210	
  ppl	
  
x	
  
2.2	
  9mes	
  
x	
  
$110	
  
=	
  
$292,820	
  
x	
  
27.5%	
  	
  
=	
  
$80,525.50	
  
10%	
  Improvement	
  
4,000	
  ppl	
  
x	
  
25%	
  
=	
  
1,000	
  ppl	
  
X	
  
2	
  9mes	
  
x	
  
$100	
  
=	
  
$200,000	
  
x	
  
25%	
  	
  
=	
  
$50,000	
  
1.  Lead	
  Genera3on	
  
X	
  
2.	
  Conversion%	
  
=	
  
Customer(s)	
  
x	
  
3.	
  Transac3on	
  
x	
  
4.	
  Average	
  $$	
  Sales	
  
=	
  
Sales	
  
x	
  
5.	
  Margin	
  %	
  
=	
  
$	
  Profit	
  $	
  
 	
  	
  Sales	
  	
  	
  	
  	
  	
  	
  46%	
  	
  
	
  	
  $Profit$	
  	
  61%	
  
PART	
  3	
  	
  
Social	
  Media	
  Marke3ng	
  for	
  	
  
Small	
  Fishes	
  
social	
  
everything	
  
Social	
  technologies	
  will	
  be	
  at	
  
the	
  heart	
  of	
  everyday	
  life	
  
and	
  business	
  environment.	
  
What come into
your mind when you
hear about	
  Social Media?
Social Media is a
conversation
supported by online tools
Business	
  are	
  constantly	
  having	
  conversa9on	
  with	
  their	
  target	
  audiences,	
  with	
  Social	
  
Media	
  we	
  are	
  doing	
  it	
  via	
  the	
  internet.	
  	
  	
  
There	
   are	
   thousands	
   and	
   thousands	
   of	
   Social	
   Media	
   Platorms	
  
out	
  there.	
  
How	
  are	
  these	
  platorms	
  going	
  to	
  help	
  you	
  on	
  your	
  business?	
  
	
  
1) Social media is not free.
2) Social media will not bring you instant
results.
3) Social media cannot make up for a bad
product or service.
Warnings	
  about	
  Social	
  Media	
  
3	
  Steps	
  to	
  Business	
  Profit	
  @	
  Social	
  Media	
  
1. Establish Goals
Ques3on:	
  
What	
  is	
  your	
  goals	
  &	
  objec9ve	
  
on	
  Social	
  Media?	
  
Example:	
  
•  Professional	
  –	
  create	
  personal	
  or	
  industry	
  branding,	
  market	
  
awareness	
  on	
  what	
  we	
  do	
  and	
  how	
  we	
  can	
  add	
  value	
  to	
  our	
  
target	
  audiences.	
  
	
  
•  Retail	
  –	
  generate	
  leads	
  and	
  traffics	
  to	
  our	
  retails	
  outlet,	
  
encourage	
  people	
  to	
  talk	
  about	
  us.	
  
•  Manufacturer	
  –	
  educate	
  our	
  target	
  market	
  on	
  company	
  value	
  /	
  
culture	
  for	
  recruitment	
  purpose.	
  
•  WHO are your
customer?
•  WHERE do you
find them?
•  WHAT offer you
had for them?
•  HOW are the
message sent?
2. Listen
3. Built
Choose	
  your	
  
channels
wisely	
  
Top	
  5	
  Recommended	
  
Social	
  Media	
  Platorms	
  
1.	
  FACEBOOK	
  
As	
  the	
  world’s	
  most	
  popular	
  and	
  well-­‐known	
  social	
  media	
  platorm,	
  Facebook	
  has	
  exceeded	
  1	
  
Billion	
  users	
  worldwide	
  today.	
  In	
  Malaysia,	
  half	
  the	
  popula9on	
  have	
  an	
  account	
  on	
  Facebook.	
  	
  
2.	
  TWITTER	
  
One	
  of	
  the	
  most	
  fast-­‐moving	
  and	
  up-­‐to-­‐the-­‐minute	
  sites	
  in	
  the	
  world!	
  A	
  platorm	
  with	
  a	
  very	
  
simple	
  structure,	
  TwiJer	
  enables	
  its	
  users	
  to	
  tweet	
  a	
  simple	
  message	
  not	
  longer	
  than	
  140	
  
characters	
  on	
  each	
  pos9ng.	
  	
  
3.	
  YOUTUBE	
  
This	
  is	
  the	
  social	
  media	
  site	
  that	
  everybody	
  goes	
  to	
  for	
  the	
  latest	
  videos.	
  YouTube	
  has	
  made	
  
marke9ng	
  a	
  breeze	
  for	
  those	
  who	
  wish	
  to	
  showcase	
  their	
  company,	
  products,	
  services	
  or	
  
even	
  talents	
  in	
  an	
  audio-­‐visual	
  format.	
  	
  
4.	
  PINTEREST	
  
Unlike	
  other	
  social	
  media	
  platorms,	
  Pinterest	
  is	
  a	
  rela9vely	
  new	
  site	
  that	
  was	
  only	
  established	
  
in	
  2010.	
  Its	
  structure	
  is	
  quite	
  similar	
  to	
  that	
  of	
  TwiJer’s,	
  the	
  only	
  difference	
  being	
  that	
  you	
  post	
  
photos	
  instead	
  of	
  text.	
  	
  
5.	
  LINKEDIN	
  
Unlike	
  the	
  previous	
  social	
  media	
  sites,	
  which	
  cater	
  more	
  for	
  businesses	
  to	
  customers,	
  LinkedIn	
  
is	
  slightly	
  different	
  in	
  that	
  it	
  is	
  used	
  more	
  to	
  connect	
  businesses	
  to	
  other	
  businesses.	
  It	
  allows	
  
professionals	
  to	
  upload	
  their	
  profiles	
  on	
  the	
  site	
  and	
  connect	
  them	
  to	
  a	
  wide	
  network	
  of	
  
people.	
  	
  
Create	
  A	
  Landing	
  Page…	
  
When	
  a	
  prospect	
  search	
  your	
  business	
  online,	
  
they	
   found	
   your	
   landing	
   page.	
   It	
   could	
   be	
   a	
  
website,	
   a	
   blog	
   or	
   any	
   of	
   the	
   social	
   media	
  
platorms.	
  
Remember,	
   you	
   only	
   have	
   30	
   seconds	
   to	
  
impress	
   your	
   visitors	
   and	
   convince	
   them	
   to	
  
con9nue	
  browsing	
  or	
  leave.	
  	
  
	
  
Engaged	
  Target	
  Audiences	
  
Build	
  Rela>onship	
  
STOP!
•  Establish Goals
•  Indentify the needs
•  Select a platform
•  Engage Audiences
•  Build Relationship
•  Don’t SPAM
•  Repeat the above
PART	
  4	
  	
  
Learning	
  from	
  the	
  Big	
  Fishes	
  
Starbucks	
  History
•  Founded	
  1971	
  
•  By	
  Jerry	
  Baldwin,	
  Gordon	
  
Bowker	
  &	
  Zev	
  Siegl	
  
•  Sold	
  only	
  whole	
  bean	
  
coffee	
  &	
  coffee	
  brewing	
  
machine	
  
•  Howard	
  Schultz	
  joined	
  in	
  
1982	
  as	
  head	
  of	
  marke9ng	
  
•  1987	
  sold	
  to	
  Howard	
  and	
  
rebrand	
  as	
  Starbucks	
  
Video:	
  Dan’s	
  Coffee	
  
# 1 Most engaged brand online
Altimeter Report 2009
THE FLYWHEEL EFFECT
Integrated:	
  
Global	
  
Retail	
  
CPG	
  
Stores &
Partners!
Digital owned/
paid
Traditional
Media
Social Media
Earned
Media
Loyalty/Card
•  Excellent	
  
Customer	
  Service	
  
•  Quality	
  Product	
  
•  Acceptable	
  
•  Social	
  
Responsibility	
  
•  Strong	
  Financial	
  
Support	
  
•  Brand	
  Recogni3on	
  
-­‐	
  Steve	
  Jobs	
  
6
Success
Principles
of
Principle	
  
One:	
  	
  
Do	
  what	
  
you	
  love.	
  	
  
“Have	
  the	
  courage	
  to	
  follow	
  
your	
  heart	
  and	
  intui3on.	
  They	
  
somehow	
  already	
  know	
  what	
  
you	
  truly	
  want	
  to	
  become.”	
  
Principle	
  
Two:	
  	
  
Put	
  a	
  dent	
  
in	
  the	
  
universe.	
  	
  
Steve Jobs has never underestimated the power of vision to move a brand forward.
In 1976, Steve Wozniak was captivated by Jobs’ vision to “put a computer in the
hands of everyday people.”
Principle	
  
Three:	
  
Kick	
  start	
  
your	
  
brain.	
  	
  
“Part	
  of	
  what	
  made	
  the	
  Macintosh	
  great	
  
was	
   that	
   the	
   people	
   working	
   on	
   it	
   were	
  
musicians,	
   and	
   poets,	
   and	
   ar9sts,	
   and	
  
zoologists,	
   and	
   historians	
   who	
   also	
  
happened	
   to	
   be	
   the	
   best	
   computer	
  
scien9sts	
  in	
  the	
  world.”	
  
Principle	
  
Four:	
  	
  
Sell	
  dreams,	
  
not	
  
products.	
  	
  
MacBook	
  Air.	
  The	
  world’s	
  thinnest	
  notebook.	
  
Principle	
  
Five:	
  	
  
Say	
  no	
  to	
  
1,000	
  
things.	
  	
  
 	
  
“Innova9on	
   comes	
   from	
   saying	
   no	
   to	
  
1,000	
   things	
   to	
   make	
   sure	
   we	
   don’t	
   get	
  
on	
   the	
   wrong	
   track	
   or	
   try	
   to	
   do	
   too	
  
much.”	
  	
  
The iPad is so simple a 2-year-old can use it.
The Apple Web site features one product.
Principle	
  Six:	
  	
  
Create	
  
insanely	
  
great	
  
experiences.	
  	
  	
  
“People	
   don’t	
   want	
   to	
   just	
   buy	
  
personal	
   computers	
   anymore.	
   They	
  
want	
  to	
  know	
  what	
  they	
  can	
  do	
  with	
  
them,	
   and	
   we’re	
   going	
   to	
   show	
  
people	
  exactly	
  that	
  
Apple Store the gold standard in customer service by introducing simple innovations
any business can adopt to create deeper, more emotional connections with their
customers.
Meet	
  Your	
  Mac.	
  
Personal	
  touch	
  is	
  essen3al,	
  not	
  selling.	
  
Zappos ‘ Experiences
Recent	
  Recogni3on:	
  
Nice,	
  but	
  we	
  pay	
  more	
  aJen9on	
  to	
  
our	
  customers	
  •  TV	
  Stories	
  
–  Oprah	
  (2008/2009)	
  
–  ABC	
  Nightline	
  (2008)	
  
–  60	
  Minutes	
  (2007)	
  
•  Fortune	
  “100	
  Best	
  Companies	
  to	
  Work	
  For”	
  
–  #23	
  (2009)	
  –	
  Highest	
  ranking	
  newcomer	
  to	
  list	
  
•  Fast	
  Company	
  “50	
  Most	
  Innova9ve	
  Companies”	
  
–  #20	
  (2009)	
  
•  BusinessWeek	
  Top	
  25	
  “Customer	
  Service	
  Champs”	
  
–  #7	
  (2009)	
  
	
  
Excellent	
  “World	
  Class”	
  Customer	
  Service	
  
Company	
  Culture	
  
Zappos’	
  Core	
  Value	
  
1.  Deliver	
  WOW	
  Through	
  Service	
  
2.  Embrace	
  and	
  Drive	
  Change	
  
3.  Create	
  Fun	
  and	
  a	
  LiJle	
  Weirdness	
  
4.  Be	
  Adventurous,	
  Crea9ve,	
  and	
  Open-­‐Minded	
  
5.  Pursue	
  Growth	
  and	
  Learning	
  
6.  Build	
  Open	
  and	
  Honest	
  Rela9onships	
  With	
  
Communica9on	
  
7.  Build	
  a	
  Posi9ve	
  Team	
  and	
  Family	
  Spirit	
  
8.  Do	
  More	
  with	
  Less	
  
9.  Be	
  Passionate	
  and	
  Determined	
  
10. Be	
  Humble	
  
• 	
  Pay	
  new	
  employees	
  $2000	
  to	
  quit.	
  	
  
• 	
  Make	
  customer	
  service	
  the	
  
responsibility	
  of	
  the	
  en@re	
  company,	
  
not	
  just	
  a	
  department.	
  
• 	
  Focus	
  on	
  company	
  culture	
  as	
  the	
  #1	
  
priority.	
  
• 	
  Apply	
  research	
  from	
  the	
  science	
  of	
  
happiness	
  to	
  running	
  a	
  business.	
  
• 	
  Help	
  employees	
  grow	
  both	
  
personally	
  and	
  professionally.	
  
• 	
  Seek	
  to	
  change	
  the	
  world.	
  
• 	
  Oh,	
  and	
  make	
  money	
  too.	
  
In	
  a	
  Nutshell	
  	
  
One	
  More	
  Thing	
  
The	
   Ladder	
   of	
   Loyalty	
  
illustrates	
   the	
   different	
  
phases	
   of	
   turning	
   a	
  
prospect	
   into	
   a	
   customer	
  
and	
  ul9mately,	
  into	
  a	
  raving	
  
fan.	
  	
  
	
  
As	
   a	
   business	
   owner,	
   it	
   is	
  
important	
   for	
   you	
   to	
  
understand	
  that	
  at	
  different	
  
p h a s e s ,	
   y o u	
   s h o u l d	
  
i m p l e m e n t	
   d i ff e r e n t	
  
strategies	
  for	
  the	
  maximum	
  
impact.	
  
COACH	
  LEOW	
  LEIK	
  HONG	
  is	
  an	
  out-­‐of-­‐the-­‐box	
  business	
  coach	
  
who	
   is	
   passionate	
   about	
   helping	
   people	
   to	
   achieve	
   their	
  
business	
   goals.	
   As	
   a	
   former	
   engineer	
   and	
   professional	
   sales	
  
consultant,	
   he	
   understands	
   the	
   needs	
   of	
   an	
   SME	
   business	
  
owner	
  and	
  how	
  to	
  address	
  them	
  accordingly	
  and	
  crea9vely.	
  
	
  	
  
As	
   a	
   cer9fied	
   Professional	
   Trainer	
   with	
   the	
   Interna9onal	
  
Professional	
   Managers	
   Associa9on	
   (IPMA	
   UK)	
   and	
   Human	
  
Resources	
   Department	
   of	
   Malaysia	
   (HRDF),	
   he	
   currently	
  
conducts	
  one-­‐on-­‐one	
  coaching	
  sessions,	
  business	
  seminars	
  and	
  
training	
   workshops.	
   He	
   is	
   also	
   regularly	
   invited	
   to	
   be	
   a	
   panel	
  
speaker	
   and	
   trainer	
   at	
   many	
   business	
   conferences	
   locally	
   as	
  
well	
  as	
  interna9onally.	
  	
  
	
  	
  
To	
  have	
  a	
  private	
  consulta9on	
  with	
  Coach	
  Leik	
  Hong,	
  email	
  him	
  
at	
  leow@leikhong.com	
  or	
  follow	
  him	
  on	
  TwiJer:	
  @leikhong	
  	
  
	
  	
  
To	
  find	
  out	
  more	
  about	
  Coach	
  Leik	
  Hong,	
  visit	
  
www.leikhong.com	
  	
  
	
  	
  
ABOUT	
  THE	
  AUTHOR	
  
Available at:
hJp://smallfishidea.com/	
  
ebook Version
can be purchase
and download
THANK YOU.

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Small Fish Conquering The Big Pond

  • 1. SMALL FISH CONQUERING Simple  and  Remarkable  Ways  to  Improve  Your  Marke9ng  Results  in  a   Compe99ve  Environment   THE BIG POND LEOW LEIK HONG
  • 2.
  • 3. “is better to be a small fish in a big pond than to be a big fish in a small (and shrinking) pond!” Radin Baidrul Ikram,  MBA   Founder  of  BizCoach  Solu9ons  and  Pearl  Maternity  Hospital   Entrepreneur,  Small  Business  Coach,  Advisor  and  Mentor   Penang,  Malaysia  
  • 4. This  book  will  reveal  to  you  some  of  the  tried  and  tested  ideas  that  you  as  an  SME  can  make   use  of  to  make  your  product  stand  out  from  your  compe99on  and  capture  your  intended   audience’s  aJen9on,  without  having  to  spend  a  big  sum  of  money  on  marke9ng  and   adver9sing  campaigns.  All  it  take  is  just  a  liJle  crea9vity  and  ingenuity  .     Be Different; Be Fun
  • 5. Be  CREATIVE  and  apply  that  crea9vity  to  produce  something  fun  and  desired.  The   difference  between  a  brand  that  fails  and  one  that  succeeds  is  how  crea9vity  has   been  applied  in  each  marke9ng  campaign  that  creates  a  lot  of  happy  customers  for   the  business.   Create Happy Customers
  • 6. PART  1     Preparing  Your  Marke3ng  Ideas    
  • 7. Our  leP-­‐brain  controls  logical  thought  processes;  while  the  right-­‐brain  is  responsible  for   crea9vity  and  emo9ons.    If  you  are  running  a  business,  which  side  of  the  brain  should  you  be   using?  The  answer  is  both,  you  would  need  all  the  logical  thinking  when  you  come  to   planning,  process  and  numbers;  while  crea9vity  is  needed  on  marke9ng  and  branding.  
  • 8. Youtube  Channel  –  Piano  Stairs   hJps://youtu.be/rQNnwjew1w8   Incorporate  crea9vity  and  fun  in  our  daily  business  rou9nes.   Here  is  a  genuine  case  study  in  which  the  Swedish  Government  had  wanted  to   encourage  their  people  to  use  the  staircase  more  frequently  rather  than  taking  the   escalator  as  they  exit  the  subway.        
  • 9. 1.  Ini3ate  a  Crea3ve  Idea.     Challenge  yourself  to  think  out  of  the  box  and  do  something   out  of  the  ordinary.     2.  Define  Your  Goal.     What  do  you  want  to  achieve  out  of  crea9ve  thinking?       3.  Explore  Your  Op3ons.     List  out  all  the  op9ons  you  have  and  narrow  them  down  to   those  that  can  be  developed  into  something  crea9ve  and   fun.     4.  Act  on  Your  Op3ons.     You’ve  talked  the  talk.  Now  walk  the  walk.   Generating IDEA
  • 10. “ Commercial, Profitable, Enterprise That works without ME!! ” Quoted from Brand Sugars’ book ~ Instant  Cash  flow   If  you  are  running  a  business,  your  aim  is  to  built  a  business   which   has   high   commercial   value,   making   money,   surrounded  by  a  trust  worthy  team  and  integrated  into  a   workable  system.     All   of   these   operate   without   your   involvement   as   a   business  owner.  
  • 11. Education & Communication Is  about   Always  educate  your  customers  on   the  benefits    of  your  product.       Like   the   First   Genera9on   iPod   Classic.     Steve  Jobs  only  focus  on  its  benefit   –  1000  songs  in  your  pocket.      
  • 12. •  Truly  unique  …   •  Exci9ng  to  your  target  market  ...   •  Something  that  will  get  people  talking  ...   •  Something  that  can’t  be  easily  copied,  or  if  it  can  be,  it  will  be  an   obvious  rip-­‐off  on  the  part  of  the  offending  business  ...     Youtube  Channel  –  HomePlus   hJps://youtu.be/kv3zB3et8-­‐o   Be Unique
  • 13. Purple Cow Quoted from Seth Godin’ book ~ Purple  Cow Something  truly  unique  that  stand  out  from  the  mass.     Infusing  crea9vity  and  fun  into  your  marke9ng  efforts  will   not  only  help  to  make  your  product  a  purple  cow,  but  a   cash  cow  too.    
  • 14. Crea3ng  a  Difference  can   also  be  done  with  a  … Guarantees  
  • 15. •  Increases  confidence     •  High  level  of  security     •  It’s  a  contract  (buyer   &  seller)   •  Product’s  Quality   •  Advantage  of  seller   Guarantee  works   in  5  ways  
  • 16. PART  2     Crea3ve  Marke3ng  for  Small  Fishes  
  • 17. Unlock  the  Five   Different  Steps  in   Marke3ng     CUSTOMER  è  REVENUE  è  BUSINESS  PROFIT  
  • 18.       1.  Marke3ng  to  Generate  Leads Lead   genera9on   is   basically   about   informing   the   market   about   the   product   you   are   offering.   Lead   genera9on   avenues   can   be   as   simple   as   distribu9ng   flyers,   displaying   banners,  adver9sing  in  newspapers  and  magazines  or  aJending  networking  func9ons.    
  • 19.       2.  Marke3ng  for  Conversion     Lead   genera9on   does   not   necessarily   result   in   sales   transac9ons.   Turning   poten9al  customer  leads  into  definite  customers  is  called  a  conversion.     So,  how  do  you  convert  sales  leads  or  prospects  into  sales?     It  can  be  fulfilled  by  offering  guarantees  such  as  “try  before  you  buy”  as  well  as   ensuring  the  product  is  easy  available.    
  • 20. EASY  TO  BUY   Make  your  product  easy  to  buy,  with  large  &  clear  photos,   filled  with  cap9ons  and  price.  With  a  glance,  customer  know   exactly  what  to  order.  
  • 21. 3.  Marke3ng  to  AWract  Repeat  Sales   While  Step  1  and  2  focuses  on  how  to  acquire  new  customers,  the  third  step  is  all  about   keeping  your  customers.     An   useful   strategy   to   increase   sales   as   well   as   maintain   customer   loyalty   to   your   brand   would  be  a  Customer  Loyalty  Programme.    
  • 22. Sakae Sushi ang pow Give  Angpow  as  a  voucher,  which  can  be  used  by   your   customers.   Apart   of   celebra9ng   CNY,   it   is   also  a  great  tool  to  create  repeat  customers.  
  • 23. 4.  Marke3ng  to  Upsell  &  Increase  Average  Spending   This  step  is  about  how  to  encourage  a  customer  to  spend  more  when  he  buys  a  product   from  you.  One  of  the  common  strategies  used  by  large  corpora9ons  to  increase  the  average   spending  is  by  “Up  Selling”.     Up  Selling  is  a  technique  that  is  used  by  sales  personnel  to  get  their  customers  to  spend  just   a  liJle  bit  more.    
  • 24. Shopping  Basket   By  providing  a  basket  for  your  customers,  you  are   actually   helping   to   free   their   hands   so   they   can   easily  buy  more  from  you.  With  one  hand  holding   the   basket   and   the   other   hand   free   to   pick   up   items,  before  they  know  it,  your  customers  would   have  bought  a  whole  lot  more  in  a  single  visit.    
  • 25. 5.  Marke3ng  to  Improve  Profit  Margin   REVENUE  =  TOTAL  INCOME  -­‐  COST   The  amount  of  profit  a  business  makes  at  the  end  of  the  day  really  depends  on  its  overall   business  costs.    
  • 26. 1. Lead Generation X 2. Conversion% = Customer(s) x 3. Transaction x 4. Average $$ Sales = Sales x 5. Margin % = $ Profit $ 5Steps   Strategies   to  improve  your   Business  Profits  
  • 27. Let’s     add     some   number   4,000  ppl   x   25%   =   1,000  ppl   X   2  3mes   x   $100   =   $200,000   x   25%     =   $50,000   1.  Lead  Genera3on   X   2.  Conversion%   =   Customer(s)   x   3.  Transac3on   x   4.  Average  $$  Sales   =   Sales   x   5.  Margin  %   =   $  Profit  $  
  • 28. 4,400  ppl   x   27.5%   =   1,210  ppl   x   2.2  9mes   x   $110   =   $292,820   x   27.5%     =   $80,525.50   10%  Improvement   4,000  ppl   x   25%   =   1,000  ppl   X   2  9mes   x   $100   =   $200,000   x   25%     =   $50,000   1.  Lead  Genera3on   X   2.  Conversion%   =   Customer(s)   x   3.  Transac3on   x   4.  Average  $$  Sales   =   Sales   x   5.  Margin  %   =   $  Profit  $  
  • 29.      Sales              46%        $Profit$    61%  
  • 30. PART  3     Social  Media  Marke3ng  for     Small  Fishes  
  • 31. social   everything   Social  technologies  will  be  at   the  heart  of  everyday  life   and  business  environment.  
  • 32. What come into your mind when you hear about  Social Media?
  • 33. Social Media is a conversation supported by online tools Business  are  constantly  having  conversa9on  with  their  target  audiences,  with  Social   Media  we  are  doing  it  via  the  internet.      
  • 34. There   are   thousands   and   thousands   of   Social   Media   Platorms   out  there.   How  are  these  platorms  going  to  help  you  on  your  business?    
  • 35. 1) Social media is not free. 2) Social media will not bring you instant results. 3) Social media cannot make up for a bad product or service. Warnings  about  Social  Media  
  • 36. 3  Steps  to  Business  Profit  @  Social  Media  
  • 38. Ques3on:   What  is  your  goals  &  objec9ve   on  Social  Media?   Example:   •  Professional  –  create  personal  or  industry  branding,  market   awareness  on  what  we  do  and  how  we  can  add  value  to  our   target  audiences.     •  Retail  –  generate  leads  and  traffics  to  our  retails  outlet,   encourage  people  to  talk  about  us.   •  Manufacturer  –  educate  our  target  market  on  company  value  /   culture  for  recruitment  purpose.  
  • 39. •  WHO are your customer? •  WHERE do you find them? •  WHAT offer you had for them? •  HOW are the message sent? 2. Listen
  • 41. Choose  your   channels wisely   Top  5  Recommended   Social  Media  Platorms  
  • 42. 1.  FACEBOOK   As  the  world’s  most  popular  and  well-­‐known  social  media  platorm,  Facebook  has  exceeded  1   Billion  users  worldwide  today.  In  Malaysia,  half  the  popula9on  have  an  account  on  Facebook.    
  • 43. 2.  TWITTER   One  of  the  most  fast-­‐moving  and  up-­‐to-­‐the-­‐minute  sites  in  the  world!  A  platorm  with  a  very   simple  structure,  TwiJer  enables  its  users  to  tweet  a  simple  message  not  longer  than  140   characters  on  each  pos9ng.    
  • 44. 3.  YOUTUBE   This  is  the  social  media  site  that  everybody  goes  to  for  the  latest  videos.  YouTube  has  made   marke9ng  a  breeze  for  those  who  wish  to  showcase  their  company,  products,  services  or   even  talents  in  an  audio-­‐visual  format.    
  • 45. 4.  PINTEREST   Unlike  other  social  media  platorms,  Pinterest  is  a  rela9vely  new  site  that  was  only  established   in  2010.  Its  structure  is  quite  similar  to  that  of  TwiJer’s,  the  only  difference  being  that  you  post   photos  instead  of  text.    
  • 46. 5.  LINKEDIN   Unlike  the  previous  social  media  sites,  which  cater  more  for  businesses  to  customers,  LinkedIn   is  slightly  different  in  that  it  is  used  more  to  connect  businesses  to  other  businesses.  It  allows   professionals  to  upload  their  profiles  on  the  site  and  connect  them  to  a  wide  network  of   people.    
  • 47. Create  A  Landing  Page…   When  a  prospect  search  your  business  online,   they   found   your   landing   page.   It   could   be   a   website,   a   blog   or   any   of   the   social   media   platorms.   Remember,   you   only   have   30   seconds   to   impress   your   visitors   and   convince   them   to   con9nue  browsing  or  leave.      
  • 48. Engaged  Target  Audiences   Build  Rela>onship  
  • 49. STOP!
  • 50. •  Establish Goals •  Indentify the needs •  Select a platform •  Engage Audiences •  Build Relationship •  Don’t SPAM •  Repeat the above
  • 51. PART  4     Learning  from  the  Big  Fishes  
  • 52.
  • 53. Starbucks  History •  Founded  1971   •  By  Jerry  Baldwin,  Gordon   Bowker  &  Zev  Siegl   •  Sold  only  whole  bean   coffee  &  coffee  brewing   machine   •  Howard  Schultz  joined  in   1982  as  head  of  marke9ng   •  1987  sold  to  Howard  and   rebrand  as  Starbucks  
  • 55. # 1 Most engaged brand online Altimeter Report 2009
  • 56. THE FLYWHEEL EFFECT Integrated:   Global   Retail   CPG   Stores & Partners! Digital owned/ paid Traditional Media Social Media Earned Media Loyalty/Card
  • 57. •  Excellent   Customer  Service   •  Quality  Product   •  Acceptable   •  Social   Responsibility   •  Strong  Financial   Support   •  Brand  Recogni3on  
  • 58.
  • 59. -­‐  Steve  Jobs   6 Success Principles of
  • 60. Principle   One:     Do  what   you  love.    
  • 61. “Have  the  courage  to  follow   your  heart  and  intui3on.  They   somehow  already  know  what   you  truly  want  to  become.”  
  • 62. Principle   Two:     Put  a  dent   in  the   universe.    
  • 63. Steve Jobs has never underestimated the power of vision to move a brand forward. In 1976, Steve Wozniak was captivated by Jobs’ vision to “put a computer in the hands of everyday people.”
  • 64. Principle   Three:   Kick  start   your   brain.    
  • 65. “Part  of  what  made  the  Macintosh  great   was   that   the   people   working   on   it   were   musicians,   and   poets,   and   ar9sts,   and   zoologists,   and   historians   who   also   happened   to   be   the   best   computer   scien9sts  in  the  world.”  
  • 66. Principle   Four:     Sell  dreams,   not   products.    
  • 67. MacBook  Air.  The  world’s  thinnest  notebook.  
  • 68.
  • 69. Principle   Five:     Say  no  to   1,000   things.    
  • 70.     “Innova9on   comes   from   saying   no   to   1,000   things   to   make   sure   we   don’t   get   on   the   wrong   track   or   try   to   do   too   much.”    
  • 71. The iPad is so simple a 2-year-old can use it.
  • 72. The Apple Web site features one product.
  • 73. Principle  Six:     Create   insanely   great   experiences.      
  • 74. “People   don’t   want   to   just   buy   personal   computers   anymore.   They   want  to  know  what  they  can  do  with   them,   and   we’re   going   to   show   people  exactly  that  
  • 75. Apple Store the gold standard in customer service by introducing simple innovations any business can adopt to create deeper, more emotional connections with their customers.
  • 76. Meet  Your  Mac.   Personal  touch  is  essen3al,  not  selling.  
  • 78. Recent  Recogni3on:   Nice,  but  we  pay  more  aJen9on  to   our  customers  •  TV  Stories   –  Oprah  (2008/2009)   –  ABC  Nightline  (2008)   –  60  Minutes  (2007)   •  Fortune  “100  Best  Companies  to  Work  For”   –  #23  (2009)  –  Highest  ranking  newcomer  to  list   •  Fast  Company  “50  Most  Innova9ve  Companies”   –  #20  (2009)   •  BusinessWeek  Top  25  “Customer  Service  Champs”   –  #7  (2009)    
  • 79. Excellent  “World  Class”  Customer  Service  
  • 81. Zappos’  Core  Value   1.  Deliver  WOW  Through  Service   2.  Embrace  and  Drive  Change   3.  Create  Fun  and  a  LiJle  Weirdness   4.  Be  Adventurous,  Crea9ve,  and  Open-­‐Minded   5.  Pursue  Growth  and  Learning   6.  Build  Open  and  Honest  Rela9onships  With   Communica9on   7.  Build  a  Posi9ve  Team  and  Family  Spirit   8.  Do  More  with  Less   9.  Be  Passionate  and  Determined   10. Be  Humble  
  • 82. •   Pay  new  employees  $2000  to  quit.     •   Make  customer  service  the   responsibility  of  the  en@re  company,   not  just  a  department.   •   Focus  on  company  culture  as  the  #1   priority.   •   Apply  research  from  the  science  of   happiness  to  running  a  business.   •   Help  employees  grow  both   personally  and  professionally.   •   Seek  to  change  the  world.   •   Oh,  and  make  money  too.  
  • 83. In  a  Nutshell     One  More  Thing  
  • 84. The   Ladder   of   Loyalty   illustrates   the   different   phases   of   turning   a   prospect   into   a   customer   and  ul9mately,  into  a  raving   fan.       As   a   business   owner,   it   is   important   for   you   to   understand  that  at  different   p h a s e s ,   y o u   s h o u l d   i m p l e m e n t   d i ff e r e n t   strategies  for  the  maximum   impact.  
  • 85. COACH  LEOW  LEIK  HONG  is  an  out-­‐of-­‐the-­‐box  business  coach   who   is   passionate   about   helping   people   to   achieve   their   business   goals.   As   a   former   engineer   and   professional   sales   consultant,   he   understands   the   needs   of   an   SME   business   owner  and  how  to  address  them  accordingly  and  crea9vely.       As   a   cer9fied   Professional   Trainer   with   the   Interna9onal   Professional   Managers   Associa9on   (IPMA   UK)   and   Human   Resources   Department   of   Malaysia   (HRDF),   he   currently   conducts  one-­‐on-­‐one  coaching  sessions,  business  seminars  and   training   workshops.   He   is   also   regularly   invited   to   be   a   panel   speaker   and   trainer   at   many   business   conferences   locally   as   well  as  interna9onally.         To  have  a  private  consulta9on  with  Coach  Leik  Hong,  email  him   at  leow@leikhong.com  or  follow  him  on  TwiJer:  @leikhong         To  find  out  more  about  Coach  Leik  Hong,  visit   www.leikhong.com         ABOUT  THE  AUTHOR