The 10th Biggest Mistake Businesses Make

They’re One of Many

“It’s not enough to be the best at what you do,
you must be perceived as the only one who does what you do.” – Jerry Garcia

The hotel had a problem. No one was coming to their happy hours.

Why? There were dozens of restaurant/bars in their area hosting happy hours.

No wonder they weren’t making any money; they were blending in. And blending in is for Cuisinarts, not for businesses.

If you want to lose money, do what everyone else is doing. If you want to make money, figure out how to lead your crowd, not follow it.

In my ten years helping individuals and organizations develop one-of-a-kind identities and approaches so they can break out, I’ve met a lot of business owners who have spent a lot of money developing brands, business names and slogans that didn’t work. In fact, bad brands can cost you customers, income, momentum and market-share.

I’ve kept track of the worst branding mistakes businesses make. I share them in these posts so you can do the opposite of these errors and develop a Purposeful, Original and Profitable brand that POP’s out and gets you noticed . . . for all the right reasons.

The enterprising manager of that hotel with the unsuccessful happy hours kept looking for a way to be one-of-a-kind instead of one-of-many.

One day, he noticed that one of their loyal patrons tied his dog up outside when he came in for a cold one after work.

Light-bulb moment. Why not offer a special happy hour for people who wanted to bring their poor pooches who had been cooped up all day while their owner was away? The staff could put out water bowls, hand out dog biscuits and offer a discount on beer so it was a win for everyone.

What to call this? Well, use a POP! technique called Alphabetizing in which you talk your key word through the alphabet, “Appy Hour, Bappy Hour, Cappy Hour, Dappy Hour” . . . and you eventually get to Yappy Hour!

You may be thinking, “Big deal, so it’s a clever name.”

You bet it’s a big deal. The Washington Post wrote about the throngs of people showing up for the restaurant’s wildly popular (and profitable) Yappy Hour. That article was picked up by a hundred newspapers across the U.S. Now, millions of people know about the Alexandria, VA Holiday Inn’s one-of-a-kind Yappy Hour . . . all because the manager wasn’t content to be common.

Craig Wilson of USA Today is my favorite columnist because he has his finger on the pulse of pop culture. In today’s issue, he quotes trend-spotting ad agency JWT as saying, “”Custom-made and one-of-a-kind will rise about the mass-produced din of ‘now.'”

He’s right. People are yearning for something they haven’t seen, heard or experienced before.

If your business is not making as much money as it could or should; chances are you’re offering the same services and products as everyone else. Keep your antennae up for what customers want and can’t find . . . and offer that. It’s a way to stand out from the crowd instead of get lost in the crowd.

  • http://www.dcabusiness.com Adam DesAutels

    Very interesting!

  • http://www.asdinteriors.com A.S.D. Interiors

    This makes a lot of sense. I am the owner of an Interior Design business and it is hard to come up with a way to communicate what it is that I do differently from other designers…but there is a lot! Thank you for the ideas!

  • http://www.channeltivity.com Channel Management Guy

    Thanks of this wonderful insight about business mistakes we normally exercise. Now I have a better outlook for my own business. :)

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