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Is your business more feline or canine?

Businesses often resemble animals in their nature. Some are born from a founder's burning passion or hobby—like cats, independent and self-motivated. Others emerge from spotting a ripe market opportunity, resembling dogs, eager and opportunity-driven. Cat-like businesses thrive on passion, often indifferent to market demands. Their existence isn't predicated on immediate demand but on the founder's commitment to their craft, much like a cat's nonchalant exploration without heed to boundaries. Conversely, dog-like businesses are market-driven. They sprout where there's a gap, eager to seize the opportunity. If the market shifts unfavourably, these ventures can swiftly wind down, mirroring a dog's loyalty to the game set by its owner. From afar, these ventures might seem similar—small, owner-led, craving growth and attention. Yet, a closer look reveals stark differences in their core motivations and strategies for growth. The Essence of Cat and Dog Businesses For

Why do so many marketers fail at business?

Interesting question, isn't it? Should a marketer be more successful at starting a business than a non-marketer? Why do so many marketers fail at doing their own thing? Just last month, I heard of a good marketer who couldn't make it as a marketing consultant - an "own business". What does that say about their skills? And about marketing in general? Is this a classic case of not being able to practice what you preach? Does it maybe expose how useless marketing is as a business function - when it can't even help an expert build their own business? Or could it point to an age-old suspicion that marketing does not impact sales, and sales is what ultimately drives business. Many marketers try and fail at business. Does this stain the field's reputation? Marketing isn't business A full-funnel, strategic, 4P marketer undoubtedly understands many parts of how a business works. They appreciate that there's a process involved in attracting, informing and conver

Marketing must make an impact

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You don’t do marketing because you want to.  You do it because you want to grow.  Marketing is a grudge. The goal is to grow. Businesses postpone a serious investment in marketing until they can no longer grow or find that they have run out of options. It becomes a case of “What do we do now”? And the answer is, unfortunately, “marketing”.  But here’s the good news… I firmly believe marketing, more than any other business function, should make an impact.  Finance doesn’t make an impact—they just ensure you follow the rules. HR (or whatever it’s called these days) makes no impact. They simply keep the dam wall from bursting.  Sales don’t make an impact (I said that); they harvest what’s available—picking the low-hanging fruit.  Manufacturing just makes stuff. Fill orders. IT maintains your firewall and prevents you from experimenting with cloud solutions. There’s only one function that makes an impact or that can make a real one —marketing. Marketing must make an impact.  It must b

Choose both a target market and a target product

For your marketing to be effective, it requires both a target market and a target product (or service) - a single offering that gives you the highest chance of becoming part of the customer's life. Target market  - that one group of customers within the broader market where you have the greatest chance of success. Target product - that one offering amongst everything you sell that gives you the best chance of an initial sale. Once you've made the initial sale, you are in bed with the customer and the game changes. Achieving this initial sale requires focusing on who you want to sell to and  what you want to sell to them. Target market and target offering.  Do [you]...want [this]... I keep coming back to the 4P's of marketing: Product. Place. Price. Promotion. It is easy to get stuck on the promotion "P". Yet, the other, less obvious Ps have the bigger impact on driving business growth, starting with the product. Just think how McDonald's does it - th

The rise and fall of Drip sneakers in South Africa

As I sit back, reflecting on the rise and fall of the Drip sneaker brand here in South Africa, I can't help but feel a tinge of disappointment. You see, the journey of building a lifestyle brand isn't one that happens overnight, as I remarked in a recent LinkedIn post. I watched as these guys attempted the impossible, trying to weave themselves into the fabric of our sneaker culture, which is undeniably entwined with our fascination with celebrity. From the outset, it was clear they faced an uphill battle. South Africans, myself included, have always had a soft spot for American sneakers. It's as if they carry a certain allure, a status symbol we eagerly embrace. So when I witnessed Drip sneakers plastered across billboards in Johannesburg yet failed to spot a single pair adorning someone's feet, I couldn't shake the nagging feeling that something wasn't adding up. My scepticism wasn't unfounded, as echoed by Mxolisi, a fellow observer on LinkedIn . The deci

Navigating the rise of Chinese cars in South Africa

As a marketing professional and a keen observer of market trends, I've been intrigued by the latest wave of Chinese cars making their mark in South Africa. The buzz is hard to ignore, with an ever-increasing number of South Africans turning their heads towards these new arrivals. But as we navigate these exciting times, it's crucial to dive deeper and understand what truly makes a car worth your investment. The Initial Attraction The allure of these new entrants from China is undeniable. Prospective buyers are vocal about the impressive array of standard features, advanced technology, and, most significantly, the attractive pricing when compared to established players like Volkswagen and Toyota. Even car reviewers seem to be on board, often giving these vehicles a pass, suggesting no apparent reason to avoid them. But is it all as straightforward as it seems? Brand: Beyond a Name and Logo In the excitement of new launches, we often forget that a brand isn't just about the l

The power of focus in entrepreneurial ventures

You can replace the word "strategy" with "focus". Where are you going to focus? Understandably, entrepreneurial businesses prefer to refrain from concentrating their efforts because they aggressively explore every possible opportunity. Yet, they have the most to gain from targeting their limited resources instead of following a spray-and-pray approach. The Consequences of a Lack of Focus  The problem with not putting enough effort behind a single point is that many ideas remain sub-critical - they never receive enough support to either work or fail entirely. In our experience at Firejuice , doing more of one thing allows the business to get a clear sense of whether it works or doesn't. Unfortunately, in too many cases, a chronic lack of focus often leads to murky decision-making and companies that end up chasing their tails. Structured Opportunity Exploration Entrepreneurial businesses will always search for opportunities, but exploration should not be unrestrai