startup marketing

    Popup Businesses.

    0

    The web and 3D printers have taken a toll on marketing and branding. The web, because you can put stuff up on the internet and pretend you have a product or service when you don’t. Pick a name, buy a URL, add a few stock pictures and you are off. Use social media to promote it (for free) and start your skin-deep business. This is desktop publishing not product marketing.  As for 3D printers, you can create stuff to hold in your hand, prototype and walk around to buyers as if it’s something you might find in Best Buy. With no thought toward production, supply chain, consumer law, or patents.

    It’s a popup business world.

    What’s even worse is these pop-up entrepreneurs tend to do all the marketing ground work in-house. They build websites with WordPress, ads with online templates, name things as they might their children, and fund startups with credit cards. Fail. Fail. Fail. Albeit Fun, fun, fun – until the credit card comes due.

    Startups and entrepreneurs that do things the right way (and there are thousands of them), start with a plan. A strategy. A product requirements document (PRD).  They are more business-focused  than play-time focused. They make lots of paper before starting up the 3D printer or HTML.  

    As Keith Hernandez would say, they start with the fundies.

    Peace.

     

     

    Blogger Turned Entrepreneur.

    0

    I first ran into Marshall Kirkpatrick in the blogger’s room at the Web 2.0 Expo in 2007.  At the time he was writing for ReadWriteWeb and one of technology’s top 10 bloggers; in the rarified air with Michael Arrington, Robert Scoble, Malik Om, Erick Schonfeld and Jeremiah Owyang.

    Sitting in on start-up product pitches for a living must have been hard.  Then under deadline, having to write about it, explain it and prognosticate — even harder. One would imagine that people like this would have at some point aspired to be involved in a start-up. But not so much. Mr. Kirkpatrick is an exception.  His company is called Little Bird.  If I got the Is-Does right (I sat through a webinar yesterday) Little Bird is a Social Monitoring 2.0 tool designed to help find category Posters rather than Pasters. The tool feels really smart at first pass.  

    Seeing hundreds of start-up presentations over the years has prepared Mr. Kirkpatrick for the “life.”  The funding period(s), naming, first hires, code-fests, Beta testing and pitching. And more pitching.  His tech blogging background does not insure a successful tech startup, though it certainly should give him a leg up. I applaud his derring do and look forward following Little Bird’s progress.  (Nice name by the way.) Peace.

    Startups, Brands and IPOs

    0

    After successful IPOs, companies add dough to the coffers, members to their boards, and oversight from investors. Near term, they are often given time to catch their collective breath. Funding a round is hard work. And depending on the size of the company and the raise, everyone needs a big exhale.  But within a year or so the pressures to grow start to mount. Where will growth come from? How will we accelerate? And don’t forget to watch the runaway – the burn.

    Typically post-raise, lots of new server boxes show up. Popcorn machines. Software. Desks and Beats headsets. But when the accountants start asking about returns, the business hats come out.

    Spotify, it was reported today, is looking to be more than a streaming music service. They are making two podcast purchases. And they won’t stop there. More forms of content are on the horizon for Spotify. Don’t ask me what. Pressure’s on. It’s what happens to highly funded startups.

    Startups need a brand strategy to help them understand their value – to themselves and customers. It also helps with focus. When Netflix went from DVDs in the mail to streaming movies, 5 years after their IPO, they stayed “on value,” on brand claim. Nice evolution.

    Startups without an understanding of brand claim and proof, looking to grow in non-endemic ways, are apt to wander the desert.

    Study the care-abouts and good-ats, baby. 

    Peace.