ver heard of
"Pistol" Pete Maravich, the legendary basketball star lauded by the basketball Hall of Fame as "perhaps the greatest offensive talent in in history"?
Though his basketball career
ended in 1980, he is still the all-time leading NCAA Division I scorer with an
average of 44.2 points per game.
Pete had so many tricks up his sleeve it's a wonder he could
even lift his arm to shoot. He dazzled crowds with fancy shots and head fakes. Left
jaws hanging with impossible, behind-the-back and between-the-legs passes.
Amazed fans with his sizzling dribbling acrobatics.
Now get this: In 10 years as a professional basketball
player, he never won a championship. In fact, in five seasons with the New
Orleans Jazz his team never had a winning record.
It takes more than flash to win, and to win consistently.
Contrast Pistol Pete to Coach Norman Dale's team in the
movie
"Hoosiers." Coach Dale, given a small squad of scrubs, is obsessive about
the fundamentals of the game.
He's unimpressed with offensive flash and drills his team on
defense instead. He knows their best chance is to play as a team. He institutes
a rule that they must pass at least five times on every offensive possession
before taking a shot.
His unorthodox, slow, and fundamental style clashes with the
team members and townspeople, who want him to "just let the boys play."
But after submitting to his discipline and nailing the
fundamentals, the team turns around. And when they're joined by star player
Jimmy Chitwood, they start "firing on all pistons" and eventually win the
championship as underdogs.
Yes, Jimmy gave them much-needed scoring power. But their
core strength was in the fundamentals.
Business owners and marketers can learn a lot from their
example.
Focus on the Fundamentals
It's fun and exciting to get caught up in "cutting-edge" marketing tools and tactics: Flash websites, mobile marketing,
advanced social media strategies, "creative" ads and videos, etc.
Any of these can play a role in your marketing strategy, but
they can never take the place of fundamentals. Your core fundamentals must be
executed religiously before you spend money, time, and effort on anything else.
Too many businesses chase "flavor-of-the-week" marketing and advertising ideas, while neglecting their fundamentals.
While specific details may change depending on your
business, industry, and model, here are the fundamentals of
Hub Mentality,
which should be at the core of all your marketing efforts:
1. Consistent Offense (Build and Cultivate Your Database)
Who's more likely to buy: the person who's never heard of
you, or the person who gives you permission to market to them on an intimate
and regular basis?
Your first priority is to take care of the people who have
chosen to hear from you. It takes so much time, money, and energy to get people
to pay attention to you in the first place that you can't afford to neglect
your database.
- Do you have a database building strategy (free download,
special deals, exclusive content, etc.)?
- Are you inviting every customer to join your mailing list
with every purchase they make, and highlighting the benefits of doing so?
- Do you have webforms integrated into your website, with a
clear and compelling offer?
- Are you only adding people who have requesting to be added
and give you explicit permission to email them, or are you spamming?
- Do you email your database on a regular basis? Do you have
the right frequency? Too much? Too little?
- Is your content relevant, valuable, educational, authentic,
and compelling?
- Are you educating first, and selling second?
While it can be effective and appropriate, outbound
advertising is very expensive.
With a few simple tools and strategies, you can
make your marketing budget more efficient by making it easy for prospects to
find you, rather than you hunting far and wide to find them.
- Is your website optimized to get found by search engines
(page structure, headlines, site map, keyword-rich content, keyword-optimized urls, backlinks, etc.)?
- Do you have a blog, and are you adding relevant content
consistently?
- Do you have an RSS feed?
- Are you publishing books, e-books, white papers, and online
videos?
- Is your content valuable enough to spread organically and
virally?
- Are you known in your industry as a thought leader and
educator?
- Are you consistently building and cultivating authentic
social media relationships?
3. Teamwork: Strategies, Systems, Coordination
- Do you have clear strategic and marketing plans, or are
you just throwing stuff up against the wall to see what will stick?
- Are your tactics aligned with your strategic plan?
- Are your messages focused?
- Are you building a brand around core, simple concepts?
- Are your offline and online efforts connected and
coordinated?
- Do your back-stage systems fulfill your front-stage
promises?
Do you want to be a flash in the pan or a consistent
champion? Are you a flashy hare that fizzles out, or a dependable tortoise that
wins the race?
Hub Mentality is your Coach Dale. Can you hear him yelling
from the sidelines? "Five passes! Five passes before you shoot! Stick with the
fundamentals! Tough defense! Run the offense!"
Execute
Hub Mentality consistently and it's
inevitable: You'll be lifting trophies under flashing lights.
P.S.

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