seth godin

The game theory of discovery and the birth of the free-gap

It all started because of the discovery problem.

Too many things to choose from, more every day. No efficient way to alert the world about your service, your music, your book. How about giving it away to help the idea spread?

The simplest old school examples are radio (songs to hear for free, in in the hope that someone will buy them) and Oprah (give away all the secrets in your book in the hope that many will buy.)

There’s a line out the door of people eager to spread their ideas, because in a crowded marketplace, being ignored is the same as failure.

Most people, most of the time, don’t buy things if there’s a free substitute available. A hundred million people hear a pop song on the radio and less than 1 percent will buy a copy. Millions will walk by a painting in a museum, but very few have prints, posters or even inexpensive original art in their homes. (In the former case, the purchased music is better–quality and convenience–than the free version, in the latter, the print is merely more accessible, but the math is the same–lots of visits, not a lot of conversion).

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The Importance of Brand Humility

Even if you are absolutely certain that your product/service is one of the best on the market, what you think of your brand is not nearly as important as what your consumers think of it and say about it.  They are, after all, the market!

“Brand humility is the only response to a fast-changing and competitive marketplace. The humble brand understands that it needs to re-earn attention, re-earn loyalty and reconnect with its audience as if every day is the first day.” – Seth Godin (in a recent blog post)

In my opinion, Seth’s message is right on target.  Brands simply cannot compete in this marketplace if they don’t make an ongoing effort to put aside ego-driven campaigns in order to genuinely engage with their consumers and potential consumers.  Relationships require humility, whether it’s personal relationships, business relationships, or brand/consumer relationships.

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How do *You* define ‘Best Customer’?

Seth Godin has it exactly right when he asks in a recent blog post, “…what if you define ‘best customer’ as the person who brings you new customers through frequent referrals, and who sticks with you through thick and thin?”

In other words, what if we define “best customer” as “strongest Brand Advocate”?  How would that change the way we think about and treat our Brand Advocates?

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The wrapper matters

When you have a big idea, the question is, how to spread it?

You can go through a traditional publisher and have it printed in the tried and true way, like Clay Shirky. I had a chance to read Clay’s new book a few months ago. No surprise: it’s pure gold, unalloyed insight about the state of media and the world.

If you’re looking for big ideas and are prepared to lose a little sleep, there’s no better book to buy right now.

You can have someone take a short speech based on your book and have them turn it into a animated video. Dan Pink’s video has been seen about 20 times as often as his book has been purchased. Video spreads.

You can turn your idea (like a focus on entrepreneurs) into cool trading cards, like Evan did.

You can skip the printing altogether and start your own video university, like Khan Academy.

Perhaps write a short manifesto and watch it spread as a free ebook. Like Changethis, a free service that has reached millions with the work of top authors from around the world.

Don’t forget podcasts or mp3s, which can be very funny or motivational.

Consider starting a conference with a unique platform and worldwide reach, like TED.

Or you can blog your idea for several years in a row, slowly building up trust and making an impact over time.

Of course, there’s no right answer. But there’s probably a best answer that matches your time frame, budget, audience and idea.

Seth Godin

Audio from the small group meeting with Seth Godin in Manhattan

This is an incredible age of opportunity. We have the power and tools to make and connect with friends around the world who can truly make stuff happen. It would take a long time to catalog all the good stuff flowing my way just THIS month (London, Paris, New York, Orlando, etc.)…one highlight was a day spent in a private session with Seth Godin on his home turf in Manhattan.

About 60 of us gathered to listen. Imagine our wonder and awe when we realized SETH was there to listen, too! Officially, no video cameras were allowed. Unofficially, he allowed me to video tape him, with the proviso that I not publish it. Later during our time together, I questioned him on his “don’t share” policy, but that’s a long post for another time. (To get you primed for THAT post, please check out 7 Habits of Highly Effective People. Search for “abundance mentality” and ponder the implications of Covey’s registered trademark of the phrase.)

Even though I can’t share the video with you, I CAN share this audio file of the event. I have Seth’s explicit permission to host and share the MP3 file. I’m pretty sure you’ll enjoy it.

Giving away a magician’s secrets

Steve Cohen makes more than a million dollars a year doing magic tricks.

I will now tell you the secrets of this magic:

1. He sells to a very specific group of people, people who are both willing to hear what he has to say and able to pay what he wants to charge them.

2. He tells a story to this group, a story that matches their worldview. He doesn’t try to teach non-customers a lesson or persuade them that they are wrong or don’t know enough about his art. Instead, he makes it easy for his happy customers to bring his art to others.

3. He intentionally creates an experience that is remarkable and likely to spread. “What did you do last night?” is a great question when it’s asked of someone you entertained the night before, particularly if you can give the audience an answer they can give. That’s how the word spreads.

4. He’s extremely generous in who he works with, how promiscuous he is about sharing and in his attitude.

5. He’s very good at his craft. Don’t overlook this one.

I guess it comes down to this: if you’re having trouble persuading people to buy what you sell, perhaps you should sell something else. Failing that, perhaps you could talk about what you sell in a different way.

Important clarification: I’m not telling you to sell out or to pander or to dumb down your art. Great marketers lead people, stretching the boundaries and bringing new messages to people who want to hear them. The core of my argument is that someone’s worldview, how they feel about risk or other factors, is beyond your ability to change in the short run. Sell people something they’re interesting in buying. If you can’t leverage the worldview they already have, you are essentially invisible. Which is a whole other sort of magic, one that’s not so profitable.

We Can Do It

We Can Do It!

Too often, it seems, this attitude is missing from teams, organizations or the community.

It’s missing because people are quick to opt out of the ‘we’ part. “What do you mean, we?” they ask. It’s so easy to not be part of we, so easy to make it someone else’s problem, so easy to not to take responsibility as a member of whatever tribe you’re part of.

Sometimes it’s missing because people disagree about what ‘it’ is. If you don’t know what you’re after, it’s unlikely you’re going to find it.

And it’s missing because people confuse cynicism with realism, and are afraid to say “can”. They’d rather say ‘might’ or even ‘probably won’t’.

Just about everything worth doing is worth doing because it’s important and because the odds are against you. If they weren’t, then anyone could do it, so don’t bother.

Product launches, innovations and initiatives by any organization work better when the key people agree on the goal, believe that they can achieve it and that the plan will work.

Do we have a cynicism shortage? Unlikely.

Successful people rarely confuse a can-do attitude with a smart plan. But they realize that one without the other is unlikely to get you very far.

Count me in. Let’s go.