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Propulsion: Exploring the "next practices" of successful marketing communication firms

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Beyond positioning: 10 more ways to differentiate your agency brand

February 13, 2012 | Author: Tim Williams

It’s a true and remarkable fact that 60-70% of a company’s market value is intangible; value created by how the brand is perceived by its customers. This phenomenon has been widely studied and plays out in dramatic ways especially in large consumer good companies. A study of brand equity by...

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Be a market maker, not a follower

January 16, 2012 | Author: Tim Williams

As a professional services firm, the ultimate business strategy is to not just be a category leader, but to create a new category; to be a category of one.  The most powerful positionings create a new market, in which you are the leading – and only – provider.

Of course this isn’t easy. ...

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Your agency positioning and the network effect

November 7, 2011 | Author: Tim Williams

A new agency positioning strategy may take time to get established. In some cases, it even means your firm might have to be willing to “shrink to grow” by exercising much more careful client selection. But inevitably you will hit a “tipping point” where your investment in the new strategy will have a multiplying effect.

multiplying effect

The effects on your business of committing to a focus that makes the most of your strengths can be not just incremental, but exponential. It’s actually very similar to the growth pattern often seen in the digital world, sometimes referred to as the “network effect.”

network effectSlow at first, then rapid...

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Differentiate then customize: the key to higher agency profits

July 25, 2011 | Author: Tim Williams

When you consider the range of services provided by agencies, some are exponentially more valuable to clients than others.  Propulsion has covered this topic in many previous posts about Magic and Logic.  But here’s another useful way to think about the relative value of the services your firm...

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Instead of trying to fit a client, find a client that fits you

May 10, 2011 | Author: Tim Williams

“What is it they do again?” That’s the reaction of many prospective clients looking at the list of diverse services listed on most agency websites.

As my friend Bruno Gralpois of Microsoft says, “Agencies have mastered the art of talking about themselves in ways that make you wonder what they...

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