Seth Godin's Blog, page 280

It's (always) too soon to know for sure

The cost of being first is higher than it's ever been...

It's entirely possible that you're racing.

Racing to the market with a new product or a news story or a decision or an innovation. The race keeps getting faster, doesn't it?

If you're racing, you better figure out what to do about the times that you don't know for sure...because more and more of your inputs are going to be tenuous, speculative and possibly wrong. Day traders have always understood this--all they do is trade on...

The problem with unlimited

If you work out on a weight machine that has a limit--where you have to push the bar until it stops--you're far more likely to to hit that limit than if you had left it to your own initiative to figure out how far is far enough.

People enjoy going to the max (or in the case of Spinal Tap, a little farther than max, to 11). But if there is no max, no limit, it's much easier to satisfy yourself and declare that you've done enough.

If you want your best users to do more, one way to do it is to...

Getting unstuck: solving the perfect problem

The only problems you have left are the perfect ones. The imperfect ones, the ones with a clearly evident solution, well, if they were important, you've solved them already.

It's the perfect problems that keep us stuck.

Perfect because they have constraints, unbendable constraints, constraints that keep us trapped. I hate my job, I need this job, there's no way to quit, to get a promotion or to get a new boss, no way to move, my family is in town, etc.

We're human, that's what we do--we erect b...

15% changes everything

When a newspaper loses 15% of its readers or 15% of its advertisers, it goes out of business. There are still people who want to read it, still people who want to advertise, but it's gone.

When a technology company increases its sales by 15%, profits will double. The sales line doesn't have to increase that much for profits to soar.

It's so tempting to head for green fields with a new thing, a new market, a new business. But in fact, 15% right here and right now might be exactly what you need.

...

Running away vs. running toward

Every brand, every organization and every individual is either running away from something or running toward something (or working hard to stand still).

Are you chasing or being chased? Are you leading or following? Are you fleeing or climbing?

But who will speak for the trees?

Defenders of the status quo at newspapers, book publishers and the magazine industry are in a panic. Some are even misguidedly asking for government regulation or a bailout.

All three industries are doomed (if doomed means that they will be unrecognizable in ten--probably three--years). And yet...

And yet there's no shortage of writing, or things to read. No shortage of news, either. And there doesn't appear to be one on the horizon. In fact, there's more news, more images and more writing...

The art of seduction

Carole Mallory was Norman Mailer's mistress. Seducing him probably wasn't that difficult, though, as he was already on his sixth wife at the time.

Marketers seek to seduce. So do painters, authors and job seekers. The most important thing to understand about seduction is this: it only works when the other person cooperates, contributes and is at some level interested in being seduced.

In short: it's a lot easier to seduce someone who's worldview and attitude makes them open to it. If you want t...

Getting to scale: direct marketing vs. mass market thinking

A mass marketer needs to reach the masses, and to do it in many ways, simultaneously. The mass marketer needs retail outlets and fliers and a website and public relations and tv ads and more more more and then... bam... critical mass is reached and success occurs.

Best Buy is a mass marketer, but so are Microsoft and the Red Cross. Ubiquity, once achieved, brings them revenue, which advances the cycle and they reach scale.

The direct marketer, on the other hand, must get it right in the small. ...

The paradox of promises in the age of word of mouth

Word of mouth is generated by surprise and delight (or anger). This is a function of the difference between what you promise and what you deliver (see clever MBA chart to the right--->).

The thing is, if you promise very little, you don't get a chance to deliver because I'll ignore you. And if you promise too much, you don't get a chance to deliver, because I won't believe you...

Hence the paradox. The more you promise, the less likely you are to achieve delight and the less likely you are...

The new dynamics of book publishing

Click to listen

or

Download mp3

In May, I did a talk for the Independent Book Publishers (site).

The link above gives you a free and slightly abridged recording of the talk, probably of interest if you are focused on how industries are making (or not)  the shift to the new rules of a digital age.