Showing posts with label crisis. Show all posts
Showing posts with label crisis. Show all posts

Tuesday, October 28, 2008

Positive Reinforcement

This just in......The economy is in the shitter. Maybe you have heard.

Now take a deep breath and lets start to think about this a new way.

The world is not ending, there are still a number of positive stories out there that are very good for the economy.....they just aren't getting as much press because the negative stories are grabbing peoples attention more, which means the media is much more interested in telling us about them (see my previous post about wildfire).

Here are a few positives that I have heard over the last little while:
  • The Canadian dollar is getting hammered (Negative). However out of this comes some positive also. The movie industry in Canada just got a lot more interesting to american companies, could this be the re-emergence of Hollywood North? What about tourism? With our dollar dropping every day a trip to Canada starts to become a bargain once people start travelling again.
  • Housing prices have plummeted. Well guess what, they weren't affordable for the younger generation before and everyone has been waiting for them to come down. Now this generation that is invigorating the work force and business in general will soon be investing in property as the prices fall to a level that works for them. That sounds like a good thing for the economy.

Let's start spreading some of the good stories, because that is another way we can help ourselves get out of this situation. With more positive reinforcement people will be more willing to contribute and help build the world economy back up. But until then the more and more negative we get the darker the world appears. So share your positive perspective on the economy here.

Tuesday, October 14, 2008

Wildfire

The economic crisis moving throughout the entire world has easily become the single item at the forefront of everybody's mind. Everyone is concerned and eagerly waiting to see how it folds out. It affects everyone and therefore is being talked about non-stop between friends, in newspapers, on radio and tv and in the blogosphere. It literally is the biggest wildfire I have seen in my entire lifetime.

As an example I was in Seattle on the weekend and went out to a nightclub one night. The bouncer looked at our IDs and literally thanked us for coming down and stated that they needed our help to boost their economy.....Pardon. A bouncer? We are talking about the stereotypical slow, beefy, pure muscle no brains type of person right. Well with this economic wildfire spreading everyone knows about it and it can pretty much make it into any conversation between 2 people.

On a lighter note, wouldn't it be great if you could make your product/business/service into a wildfire that everyone talked about. Granted you aren't going to have politicians making points about your widget during nationally televised debates broadcast on every possible television station. But how can you start a wildfire marketing campaign? As is often discussed these days, social media has made it a lot easier for you, but there are many other factors you need to line up that will ignite the forest of consumers/businesses. Here are some things to think about:

1. Why should anyone care about your brand?
You say its the greatest or the lowest priced on the market, well that's fine. Prove it to them, every consumer has heard this before. Once people experience it for themselves and have a positive experience then they are more likely to fan the flames

2. Do something new
With the internet people are exposing themselves to so many more ridiculous and crazy things each day that a mundane advertisement will not even register on them. Therefore you need to think more creatively, let your imagination run wild and truly there are no bad ideas at this stage.

What else would you do to fan the flames and start a wildfire?