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    Business Writing - Using Contractions Isn't a Bad Thing
    Business writing today is much less formal than it was twenty years ago, mainly due to the influence of email. Most people use email as an alternative to face-to-face conversation where informality is key.Since we frequently use contractions when speaking, it's certainly acceptable to use contractions in most of our daily business writing. However, confusion over the correct form can complicate the issue.When we contract words, we make one word out of two. To show that letters are missing, we use an apostrophe in place of the missing letters. The apostrophe must go where the letters are missing! Do not b
    amp 4 – The Thinking Agency. Here’s the agency you want to seek, and they are out there in good number. They are agencies that tell clients the truth and get permission from the brand to create advertising that is different, better and strategic. They are closer to Camp 2 than Camp 1 because they do value creativity as an important element in successful messaging. This firm differs in that they truly focus on the consumer and never confuse their agency or the client with the buyer.

    Their work is varied. It is not all funny, all testimonial or all serious. Their work changes to reflect the most strategic way to influence the target audience by thinking of why the audience chooses. They will not use industry awards as a proof of their succ

    Selling Your Technology Company - Why Earn Outs Make Sense Today
    Sellers have historically viewed earn outs with suspicion as a way for buyers to get control of their companies cheaply. Earn outs are a variable pricing mechanism designed to tie final sale price to future performance of the acquired entity and are tied to measurable economic milestones such as revenues, gross profit, net income and EBITDA. An intelligently structured earn out not only can facilitate the closing of a deal, but can be a win for both buyer and seller. Below are ten reasons earn outs should be considered as part of your selling transaction structure.1. Buyers acquisition multiples are at pre 1992 lev
    Who decides what constitutes great advertising strategy? Is it the brand that pays for it, the agency that creates it, the panel that judges it, or the market that buys into it?

    Of course, the answer is the market, but you’d be surprised how few in the advertising industry actually create advertising for the buying public.

    It is paramount to understand that buyers render the most decisive judgment about what constitutes great advertising especially if the goal is to steal share. How can we steal share unless we have focused our advertising on the audience? Their dollars are the share we are trying to steal.

    However, it is our experience at Stealing Share™ that most advertising is aimed at everyone but the buyer. Ads are created to catch the eyes of potential awards show judges, for example, or to impress the internal audience of the brand’s employees, or to boost the agency’s self-esteem. When brands perform internally, they go nowhere. Agencies need to focus on the buying public when creating advertising.

    Many advertising agencies will take great pains to discuss the target audience. They will even nail the characteristics and personality of that audience. Most often, however, the actual execution of their insights will miss the mark. The brands, or more accurately the brand managers, will get the blame. They will watch their business suffer and actually lose market share.

    We at Stealing Share™ tell our clients to think of the advertising agency market as including the following four camps:

    Camp 1 – The Safe Agency. They usually say the right things and keep clients for years on end. The target audience they serve is not the customer, rather it is the brand manager. They work to please one person. These agencies keep clients for a long time simply because they never challenge clients to know the actual audience as well as they know themselves.

    Camp 2 – The Of-The-Moment Agency. This agency wins all of the creative awards. Their work is flashy, fun and memorable. You know their names from the pages of ADWEEK and AdAge. They talk the talk about the target audience but create advertising for themselves and their peers. They are only inspired by advertising that is different rather than different, better and targeted toward the minds of the buying public. This is the agency that produces the spot that makes you go, “Wow,” but doesn’t make the customer commit.

    Camp 3 – The Big Agency. Think Camp 1, only larger in size. This agency pays homage to the “creative process” because they once believed in it. They even have an impressive TV reel to prove prior loyalty, but they have become so big that they now attract huge clients who feel their brand is already complete. It’s finished. These brands do not need new thinking. They just need the agency with its own brand name to complete the picture. This agency has long ago abandoned considering the consumer. It thinks of its own brand and VIP client list.

    Camp 4 – The Thinking Agency. Here’s the agency you want to seek, and they are out there in good number. They are agencies that tell clients the truth and get permission from the brand to create advertising that is different, better and strategic. They are closer to Camp 2 than Camp 1 because they do value creativity as an important element in successful messaging. This firm differs in that they truly focus on the consumer and never confuse their agency or the client with the buyer.

    Their work is varied. It is not all funny, all testimonial or all serious. Their work changes to reflect the most strategic way to influence the target audience by thinking of why the audience chooses. They will not use industry awards as a proof of their succe

    More Signs of Digital Signage Adolescence
    Last week, another sign that dynamic digital signage is entering media adolescence emerged with the announcement that global information and media company VNU and the In-Store Marketing Institute will jointly launch a new service to help marketers better understand how to reach and influence consumers while they shop.A key component of the effort is the measurement of the audience for a new array of in-store marketing vehicles, including digital signage, television and radio, shelf talkers and other point-of-purchase displays.Offered by a new VNU business unit called Nielsen In-Store (part of NielsenConnect), t
    he eyes of potential awards show judges, for example, or to impress the internal audience of the brand’s employees, or to boost the agency’s self-esteem. When brands perform internally, they go nowhere. Agencies need to focus on the buying public when creating advertising.

    Many advertising agencies will take great pains to discuss the target audience. They will even nail the characteristics and personality of that audience. Most often, however, the actual execution of their insights will miss the mark. The brands, or more accurately the brand managers, will get the blame. They will watch their business suffer and actually lose market share.

    We at Stealing Share™ tell our clients to think of the advertising agency market as including the following four camps:

    Camp 1 – The Safe Agency. They usually say the right things and keep clients for years on end. The target audience they serve is not the customer, rather it is the brand manager. They work to please one person. These agencies keep clients for a long time simply because they never challenge clients to know the actual audience as well as they know themselves.

    Camp 2 – The Of-The-Moment Agency. This agency wins all of the creative awards. Their work is flashy, fun and memorable. You know their names from the pages of ADWEEK and AdAge. They talk the talk about the target audience but create advertising for themselves and their peers. They are only inspired by advertising that is different rather than different, better and targeted toward the minds of the buying public. This is the agency that produces the spot that makes you go, “Wow,” but doesn’t make the customer commit.

    Camp 3 – The Big Agency. Think Camp 1, only larger in size. This agency pays homage to the “creative process” because they once believed in it. They even have an impressive TV reel to prove prior loyalty, but they have become so big that they now attract huge clients who feel their brand is already complete. It’s finished. These brands do not need new thinking. They just need the agency with its own brand name to complete the picture. This agency has long ago abandoned considering the consumer. It thinks of its own brand and VIP client list.

    Camp 4 – The Thinking Agency. Here’s the agency you want to seek, and they are out there in good number. They are agencies that tell clients the truth and get permission from the brand to create advertising that is different, better and strategic. They are closer to Camp 2 than Camp 1 because they do value creativity as an important element in successful messaging. This firm differs in that they truly focus on the consumer and never confuse their agency or the client with the buyer.

    Their work is varied. It is not all funny, all testimonial or all serious. Their work changes to reflect the most strategic way to influence the target audience by thinking of why the audience chooses. They will not use industry awards as a proof of their succ

    Current Estimate of Economic Impact of Options Backdating
    I had a discussion with Erik Lie about the experiences with Stock Options Backdating (SOBD) and the economic impact of his work. According to Erik, at least 15% of the stock options grants between 1996 to August, 2002,were backdated. Some were within 30 days of the grant date, others more egregious. The number of companies though he said that were going to come clean would be far less than 15%. Here is what we came up with.First the assumptions:1. # of companies that actually are investigated or asked by the SEC (currenty June 03 is 42) by June 2006 = 1002. # of companies that will complete the 3 step pr
    ing four camps:

    Camp 1 – The Safe Agency. They usually say the right things and keep clients for years on end. The target audience they serve is not the customer, rather it is the brand manager. They work to please one person. These agencies keep clients for a long time simply because they never challenge clients to know the actual audience as well as they know themselves.

    Camp 2 – The Of-The-Moment Agency. This agency wins all of the creative awards. Their work is flashy, fun and memorable. You know their names from the pages of ADWEEK and AdAge. They talk the talk about the target audience but create advertising for themselves and their peers. They are only inspired by advertising that is different rather than different, better and targeted toward the minds of the buying public. This is the agency that produces the spot that makes you go, “Wow,” but doesn’t make the customer commit.

    Camp 3 – The Big Agency. Think Camp 1, only larger in size. This agency pays homage to the “creative process” because they once believed in it. They even have an impressive TV reel to prove prior loyalty, but they have become so big that they now attract huge clients who feel their brand is already complete. It’s finished. These brands do not need new thinking. They just need the agency with its own brand name to complete the picture. This agency has long ago abandoned considering the consumer. It thinks of its own brand and VIP client list.

    Camp 4 – The Thinking Agency. Here’s the agency you want to seek, and they are out there in good number. They are agencies that tell clients the truth and get permission from the brand to create advertising that is different, better and strategic. They are closer to Camp 2 than Camp 1 because they do value creativity as an important element in successful messaging. This firm differs in that they truly focus on the consumer and never confuse their agency or the client with the buyer.

    Their work is varied. It is not all funny, all testimonial or all serious. Their work changes to reflect the most strategic way to influence the target audience by thinking of why the audience chooses. They will not use industry awards as a proof of their succ

    Home Builders and Remodelers - Everyday Phrases that Make it HARDER for You to Sell Your Services
    When talking to professional builders and renovators I often ask what are the main advantages that separates them from their competition. I'll often hear the same answers: "personal service", "keeping in touch with clients" and "quality work", to list a few.This, however, is one of the biggest reasons builders and renovators "can't find good quality leads" or have to compete on price with lower-quality competition. These phrases actually don't differentiate you from your competition (professionally or otherwise) but, rather, merely state what anyone would expect of you (or your competition). In fact,
    an different, better and targeted toward the minds of the buying public. This is the agency that produces the spot that makes you go, “Wow,” but doesn’t make the customer commit.

    Camp 3 – The Big Agency. Think Camp 1, only larger in size. This agency pays homage to the “creative process” because they once believed in it. They even have an impressive TV reel to prove prior loyalty, but they have become so big that they now attract huge clients who feel their brand is already complete. It’s finished. These brands do not need new thinking. They just need the agency with its own brand name to complete the picture. This agency has long ago abandoned considering the consumer. It thinks of its own brand and VIP client list.

    Camp 4 – The Thinking Agency. Here’s the agency you want to seek, and they are out there in good number. They are agencies that tell clients the truth and get permission from the brand to create advertising that is different, better and strategic. They are closer to Camp 2 than Camp 1 because they do value creativity as an important element in successful messaging. This firm differs in that they truly focus on the consumer and never confuse their agency or the client with the buyer.

    Their work is varied. It is not all funny, all testimonial or all serious. Their work changes to reflect the most strategic way to influence the target audience by thinking of why the audience chooses. They will not use industry awards as a proof of their succ

    Choosing A Six Sigma Program
    Business organizations all across the globe are deploying Six Sigma concepts and techniques for improving the quality of their products or services. This has created the need to educate employees about the various Six Sigma concepts and techniques that improve quality and help in offering better products and services than those offered by competitors. This is necessary, as quality products or services are primary requirements for the long-term success of any business organization.Training Is NecessaryAny company planning to empower its employees with the various Six Sigma concepts and philosophies needs to enro
    amp 4 – The Thinking Agency. Here’s the agency you want to seek, and they are out there in good number. They are agencies that tell clients the truth and get permission from the brand to create advertising that is different, better and strategic. They are closer to Camp 2 than Camp 1 because they do value creativity as an important element in successful messaging. This firm differs in that they truly focus on the consumer and never confuse their agency or the client with the buyer.

    Their work is varied. It is not all funny, all testimonial or all serious. Their work changes to reflect the most strategic way to influence the target audience by thinking of why the audience chooses. They will not use industry awards as a proof of their success. They want to influence and change behavior.

    If your advertising is designed to steal market share, then it needs to acknowledge the basic beliefs of the target audience that create brand loyalty. (For our clients at Stealing Share™, we call those beliefs “precepts.”) It needs to be about the consumer and not about your marketing department or the creative director who conceived of it.

    We know from experience that purchase decisions are usually not cognitive; they are emotional. Emotional decisions are more difficult to understand but easier to change. You need to demand that your advertising leverages the “precepts” that govern the lives of your target audience and gives your audience a reason to choose your brand. The target audience needs to see that your advertising speaks only to them, and that the call to action is not about buying the product, but about buying (being) the brand.

    Where do you and your agency fit into all this? That evaluation is the first step in beating your competitors. If you really want to win, then you need to clear all of the big egos out of the room — even your own.

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