Posts Tagged ‘Product Innovation’
Five Big Ideas for transforming your CU
It’s a tough time to be on the smallish side as a credit union. It’s getting harder to compete with larger FIs of all stripes, and it’s tougher to stay in the black while offering the same things everyone else does. Maybe THAT’s the problem. You don’t need to offer everything to everybody, especially what…
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Stop making things so gosh-darn hard
Why were these tasks so onerous? Last night (and early this morning) I helped my wife activate a new cell phone. A couple of weeks ago, I finally signed up for BlueIndy, an electric car sharing service. Last year, we refinanced our mortgage to take advantage of a lower rate. I tried to order a pizza…
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Think big. Now think bigger.
If there’s one thing I wish I could shout into every credit union marketer’s ear, it’s this: “THINK BIGGER!” With every project. Every product, every campaign, every thing you do, every step of the way. It will make all the difference in your results, your experience, and your success. Think about the biggest possible picture…
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Consuming life, one chunk at a time.
Our life is fragmented. Our attention span is short. Our phones have become permanently attached, which means we are always accessible to the world, with tech (Twitter, Facebook, Snapchat, Instagram and email) just a tap away. Life keeps us moving, pulling us this direction one minute, another direction the next, only leaving time to consume…
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It’s hard to read the label from inside the jar.
It’s obvious you’re different. You have the best staff, the best products, the best rates, and no one else is so completely devoted to their members. Absolutely no one can compare to you, and, frankly, you should have members willing to pay extra just to get in. Of course, you’re on the inside, looking out. When everyone else reads…
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InfiniBudget 9000 to revolutionize marketing as we know it
Time and time again, we hear the same laments from our clients: “We just don’t have the budget!” “I’d love to do more marketing, but the CFO doesn’t believe in ads.” “My nephew’s class said they’ll build our web site for three large pizzas.” “The CEO says we need to work smarter not harder, pull ourselves up…
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Maybe it’s time to ditch the RFP
Let’s say you have a big, important project, like a website redesign or a brand refresh, and you need to hire a vendor partner. So the thing to do is send out a Request For Proposals (RFP) to every company that you can find, then just sit back, wait for the responses, and pick the…
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How will you change the world in only 5 years?
I’ve always been amazed at how the Beatles completely changed America’s taste for music in just 5 short years. It was a culture shift that hasn’t been equalled since. Now, I admit I’m a huge Beatles nerd. I was just a kid when they were in their heyday, but I discovered their music in college and still listen to them…
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Would your members pay a premium?
We’ve written before about the idea of charging for CU membership – what you’d have to do to make yourself feel like an exclusive club worth joining, a la Costco and Sam’s Club. We know people will pay club membership fees – AARP, AAA, social clubs, professional associations – as long as they feel they’re…
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You assume too much
You have a wonderful product that is going to revolutionize the way things are done. It’s fun to use, easy to use, and doesn’t cost a lot. You’ve been talking about it with all of your friends, and they’re super-excited about it. So you refine the product, put as many resources as you can behind…
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